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Message
re: Let’s talk weed stocks in this thread
Posted on 7/17/19 at 1:13 pm to ScaryClown
Posted on 7/17/19 at 1:13 pm to ScaryClown
quote:
They just had a ton of assets but not a whole lot of revenue.
Do they also have a ton of debt for those assets?
1
Posted on 7/17/19 at 3:29 pm to Thib-a-doe Tiger
Nope from what I remember they had no debt.
Posted on 7/17/19 at 3:33 pm to ScaryClown
quote:
Nope from what I remember they had no debt.
I just looked, their financials are horrible
Like, I don’t know why anyone ever valued this stock
ETA: to put it into perspective, they lost more in 2018 than their company is worth on paper
This post was edited on 7/17/19 at 3:37 pm
Posted on 7/17/19 at 5:42 pm to Thib-a-doe Tiger
They didn’t start selling till 4th quarter of 2018 though because they didn’t have a license till then. Look at their cash assets on hand alone.
Posted on 7/17/19 at 7:37 pm to ScaryClown
quote:
They didn’t start selling till 4th quarter of 2018 though because they didn’t have a license till then. Look at their cash assets on hand alone.
I know nothing about this company. What were they selling prior to q4 2018
Why are selling and admin costs, as well as operating costs, outracing rev growth?
They have a 16 million dollar loss last year, negative cash flow that has tripled the previous year’s negative cash flow
ETA: I’m looking at the wrong company because the ticker listed is not the company y’all are discussing. NXXTF was posted, I believe NXTTF is what y’all mean
NXTTF looks to just have issued a shitpile of stock and hoarded the cash. Not a great business model
This post was edited on 7/17/19 at 7:43 pm
Posted on 7/17/19 at 9:21 pm to Thib-a-doe Tiger
Ya sorry for the confusion, if anything I hope they just get bought out. They were a vape selling company prior to the weed license.
Posted on 7/17/19 at 9:38 pm to ScaryClown
quote:
Ya sorry for the confusion, if anything I hope they just get bought out. They were a vape selling company prior to the weed license.
buyouts typically are for operations branding, expansion etc. usually a company with enough money to buy another dorsnt want judt money. although penny stocks are wild wild west so who know
Posted on 7/19/19 at 11:47 am to oklahogjr
Where is Dad? We’re a week overdue on his meeting details
Posted on 7/19/19 at 12:20 pm to Thib-a-doe Tiger
He is dumping his shares at .011 before he tells us. He is getting his before we dump ours too and drive the share price down further.
Posted on 7/19/19 at 2:42 pm to BitBuster
What I was thinking as well
Posted on 7/19/19 at 3:01 pm to Thib-a-doe Tiger
So when this thing goes into the tank, if they rebrand will I still have my shares? Like people keep talking about how it was an energy chew company. Was it LVVV then?
Posted on 7/19/19 at 3:24 pm to quail man
quote:
So when this thing goes into the tank, if they rebrand will I still have my shares? Like people keep talking about how it was an energy chew company. Was it LVVV then?
If they go bankrupt, no. If they move to a new direction, maybe not.
Posted on 7/19/19 at 6:28 pm to BitBuster
quote:
Quote TigrrrDad: If he has anything significant to contribute, I’ll let you know
Nothing new or significant to contribute, so I didn’t let you know.
quote:
He is dumping his shares at .011 before he tells us. He is getting his before we dump ours too and drive the share price down further.
I won’t be dumping my shares at .011 because that would be silly.
Still long and strong.
Posted on 7/19/19 at 8:05 pm to TigrrrDad
At this point I’m not sure if you’re trolling or just really dumb to not see what’s going on with this stock. Jesus man. A lot of ppl have tried to open your eyes to the complete bs that this stock is and you aren’t budging
Anyone that owns this stock should get out. I’ve been in this position back in the day and learned my lesson. Get out now
Anyone that owns this stock should get out. I’ve been in this position back in the day and learned my lesson. Get out now
This post was edited on 7/19/19 at 8:06 pm
Posted on 7/19/19 at 9:54 pm to thatguy777
I got out on May 26 after a back and forth with Dad the day before in this thread at $0.025 (I believe) on 100,000 shares and my loss was like $65. I can’t even imagine if I had stayed and I was down $1,500 or so based off a random guy on TD. 
I’ve now purchased MVIS and LVVV
I’m DONE
I’ve now purchased MVIS and LVVV
I’m DONE
Posted on 7/19/19 at 11:23 pm to Mr.Perfect
I bought both of those turds tooPosted on 7/25/19 at 9:25 am to Sho Nuff
Posted on 7/25/19 at 9:25 am to Sho Nuff
Everyone's favorite weed company just did an oh so informative shareholder letter.
LINK
It just amazes me how people fall for this stuff. It is hilarious. Imagine, Q2 revenue is going to be a modest increase (over the $40K) driven by 'distribution'.
But remember, each pods holds..... lol congrats on getting Bill his retirement ranch.
LINK
It just amazes me how people fall for this stuff. It is hilarious. Imagine, Q2 revenue is going to be a modest increase (over the $40K) driven by 'distribution'.
But remember, each pods holds..... lol congrats on getting Bill his retirement ranch.
Posted on 7/25/19 at 9:31 am to igoringa
HAHAHAHA!!!!
Dude you are so predictable!
Rotting away over here waiting on your hot penny stock pick for 2019! Oh that’s right, you rather just keep shitting on Dad about LVVV!! Lol
Dude you are so predictable!
Rotting away over here waiting on your hot penny stock pick for 2019! Oh that’s right, you rather just keep shitting on Dad about LVVV!! Lol
Posted on 7/25/19 at 9:34 am to questionable
quote:
questionable
So this is either a Tigerrrdad alter or Tigerrrdad's son.
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