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Message

re: Let’s talk weed stocks in this thread

Posted on 6/13/19 at 11:02 am to
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 6/13/19 at 11:02 am to
Somebody please just post when either LVVV or NXTTF does something positive lol. I cant bare to look at the stock prices on a daily basis, way too much anxiety and a constant reminder of how bad I am at trading stocks.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15593 posts
Posted on 6/13/19 at 11:04 am to
quote:

Somebody please just post when either LVVV or NXTTF does something positive lol. I cant bare to look at the stock prices on a daily basis, way too much anxiety and a constant reminder of how bad I am at trading stocks.


You will know when because I will be selling.
Posted by Uncle Stu
#AlbinoLivesMatter
Member since Aug 2004
33811 posts
Posted on 6/13/19 at 11:38 am to
quote:

same sunshine pumpers are still pumping.

Just like here


not pumpers

pumper

singular, one
Posted by BitBuster
Lafayette
Member since Dec 2017
1519 posts
Posted on 6/13/19 at 11:50 am to
I'm looking at selling too rowbear.

I bought in to LVVV as a marijuana company, but they really aren't.
LVVV is a holding company with its foot in as many different ventures as possible. They are using revenues from one to start another "fail-fast business" with the hopes of a home-run.
There's no clear vision or mission statement for LVVV. For GHC Ventures? Yeah sure, but we're not invested in GHC.

Sadly I think we're screwed. They've never showed accounting competence with their financial disclosures or reporting. Goodbye Uplist

They've never pretended that they're actually looking to turn a profit or provide any sort of value for the shareholders. Goodbye EPS

They've never committed to a business structure. Goodbye confidence in leadership

There is no 10 year plan or mission statement. Goodbye to the reason to hold

At no point are they attempting to provide any value to shareholders. Goodbye incentive to buy for even short term.

Naively, when I first bought back in October, I thought this was an MJ startup that I was getting in on the ground floor. But they've proved to me that LVVV is just using MJ as a means to an end - robbing shareholders.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15593 posts
Posted on 6/13/19 at 12:01 pm to
quote:

I bought in to LVVV as a marijuana company, but they really aren't.
LVVV is a holding company with its foot in as many different ventures as possible. They are using revenues from one to start another "fail-fast business" with the hopes of a home-run.


Yea I bought into a MJ clone and the 7x compliance business but they are not showing any positive signs with either to this point and are now branching out to any and all directions that detracts time spent on what I thought was the core business.

The shares seem to Bill's personal slush fund.
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 6/13/19 at 1:22 pm to
What convinced you 7x pure was legit?

There is no patent (approved or pending), no intangible acquisition, no R&D spend etc..... it literally was created out of no where.

A dosing and lab verification system except they have no labs to do any of the things they claim to do.

This has always been the most obvious scam of the many they do.













Posted by TigrrrDad
Member since Oct 2016
7608 posts
Posted on 6/13/19 at 1:34 pm to
Posted by TigrrrDad
Member since Oct 2016
7608 posts
Posted on 6/13/19 at 1:53 pm to
They don't need their own lab - they can use an independent lab for testing. 3rd party lab testing is a requirement for a producer to move product through a distributor. Distributors (LVVV is a licensed distributor) are responsible for coordinating the required 3rd party testing of a licensee's product. Those lab results are then incorporated into the 7x Pure tracking system, which uses blockchain technology. That, as well, is a ruse in your mind, and "blockchain" is just another buzzword - despite the fact that LVVV has a guy on the payroll whose company integrates blockchain technology into businesses, and whose brother is a blockchain tech guy. I've posted this before. LVVV also signed Basso Botanicals to a distribution deal back in April - the first manufacturer to implement Livewire's 7x Pure system (which doesn't exist ). You know Bill is good when he has even conned the businesses using 7x Pure into believing it's real. He even conned Coachella into using it as the pilot program for their city. Wait until the people using it find out it doesn't exist!

Not finding something on a financial statement can mean one of two things:
1) it doesn’t exist
2) shoddy bookkeeping.

The answer is not always option 1. Especially when Bill has a special talent for option 2.
This post was edited on 6/13/19 at 2:07 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 6/13/19 at 3:05 pm to
quote:

They don't need their own lab - they can use an independent lab for testing.


Who do they use as the lab? At what cost?

quote:

. Distributors (LVVV is a licensed distributor) are responsible for coordinating the required 3rd party testing of a licensee's product.


How much distribution does lvvv actually do? How much of the 49k revenue was distribution?

quote:

. Those lab results are then incorporated into the 7x Pure tracking system, which uses blockchain technology.


When was the original 7x developed by lvvv and by whom? How long did it take? Why no patent or patent pending? How much did it cost to develop?

You say it uses blockchain - where are you getting from? Never saw anything saying that the blockchain technology was developed and being used... only that they were going to develop it. Show me where it is done and being used.

The guy on the payroll - show us who else he has done this for as you cite? Not his brother - him. Show us the links showing HIS past work and success.

Tell us all you know about basso botanicals including how they are using it. How much is expected from this relationship?

How did the pilot program for Coachella go? Did they host the system? Cloud? What were the results? Where is the evidence this actually happenned?

You keep blabbering about the financials as if it is the only evidence piece that shows 7x came out of thin air. It is but one of many pieces of evidence.

Answer above and we can talk. Otherwise you are giving Bill a reach around with one hand while you parrot his rhetoric.
This post was edited on 6/13/19 at 3:08 pm
Posted by TigrrrDad
Member since Oct 2016
7608 posts
Posted on 6/13/19 at 4:01 pm to
You’re right - doesn’t exist.

Everyone bail out now. SELL! SELL! SELL!



My work is done here. I’ll be back at gloating time.

He who laughs last...
This post was edited on 6/13/19 at 4:07 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11902 posts
Posted on 6/13/19 at 4:11 pm to
I expected nothing less.

Posted by rowbear1922
Houston, TX
Member since Oct 2008
15593 posts
Posted on 6/13/19 at 4:26 pm to
You know, i completely regret ever bringing LVVV into this thread
Posted by Pendulum
Member since Jan 2009
7608 posts
Posted on 6/13/19 at 4:38 pm to
anyone know what page LVVV talk started on? I would love to go back and read the first 5 or so pages

Posted by Thib-a-doe Tiger
Member since Nov 2012
36273 posts
Posted on 6/13/19 at 9:18 pm to
quote:

anyone know what page LVVV talk started on? I would love to go back and read the first 5 or so pages




1


Row mentioned it, then Dad came in off the top rope with a frickin dissertation for a penny stock
Posted by Pendulum
Member since Jan 2009
7608 posts
Posted on 6/14/19 at 10:29 am to
quote:

You all should have cashed out with me on that pop on 5/24. It's lost about 25% since then. If for some reason it pops say as much as 50% on some day on some great news, I can get back in at almost that same price . I wouldn't, but I could.


It would now have to go up by 62% to get back to the 5.24 spike, youch

ETA: and I didn't realize it was a page 1er, for some reason I thought this thread started in like May '18. There must have been another thread that got buried maybe?
This post was edited on 6/14/19 at 10:31 am
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8247 posts
Posted on 6/14/19 at 10:51 am to
LVVV is circling the bowl baws. Down to 1.3 cents per share.

This equestrian research thing is probably the nail in this scam coffin.

Ridiculous.
Posted by MusclesofBrussels
Member since Dec 2015
4856 posts
Posted on 6/14/19 at 11:20 am to
Don't worry, he who laughs last. It was all a ruse!
Posted by oklahogjr
Gold Membership
Member since Jan 2010
39572 posts
Posted on 6/14/19 at 1:26 pm to
quote:

They don't need their own lab - they can use an independent lab for testing. 3rd party lab testing is a requirement for a producer to move product through a distributor. Distributors (LVVV is a licensed distributor) are responsible for coordinating the required 3rd party testing of a licensee's product. Those lab results are then incorporated into the 7x Pure tracking system, which uses blockchain technology. That, as well, is a ruse in your mind, and "blockchain" is just another buzzword - despite the fact that LVVV has a guy on the payroll whose company integrates blockchain technology into businesses, and whose brother is a blockchain tech guy. I've posted this before. LVVV also signed Basso Botanicals to a distribution deal back in April - the first manufacturer to implement Livewire's 7x Pure system (which doesn't exist ). You know Bill is good when he has even conned the businesses using 7x Pure into believing it's real. He even conned Coachella into using it as the pilot program for their city. Wait until the people using it find out it doesn't exist!

Not finding something on a financial statement can mean one of two things:
1) it doesn’t exist
2) shoddy bookkeeping.

The answer is not always option 1.

people sell software that doesnt exist with development on going all the time. doesnt mean anything.
its typically worked out in aa software deal additional requirements to build in a phase of implementation is put in to scope additional needs with rough estimate in place.


how does 7x integrate with existing supply chain tech the marijuana companies are already adopting and why if they're going to be such a big deal do they continue allowing their CEO to tarnish their brand with piss poor business management such as their financials.


also why aren't they partnering with someone weve actually heard of. plenty of money in this industry to do that these days especially
Posted by quail man
New York, NY
Member since May 2010
41100 posts
Posted on 6/14/19 at 2:06 pm to
What’s going on with Valens recently. shite hasn’t been doing well at all. Same with Aurora. These weed stocks are killing me
Posted by Thib-a-doe Tiger
Member since Nov 2012
36273 posts
Posted on 6/14/19 at 3:43 pm to
One of the sunshine pumping longs on the LVVV board just threw in the towel on the company lulz
This post was edited on 6/14/19 at 3:45 pm
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