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re: Let’s talk weed stocks in this thread
Posted on 8/20/19 at 3:03 pm to igoringa
Posted on 8/20/19 at 3:03 pm to igoringa
quote:
Do you still maintain this will be a several billion dollar company a year from now? Simple question.
Yes, just like when I buy a lottery ticket - which is exactly the mentality expressed throughout this thread.
I don’t think people are giving you enough credit for the astounding discovery you’ve made here. In a thread where some of us are trying to find a needle in the haystack weed penny stock that will go from pennies to dollars, you’ve actually identified a guy who picked one of those rare penny stocks that DIDN’T go from pennies to dollars in the first year. WOW! Astounding feat! Pat yourself on the back some more!
This post was edited on 8/20/19 at 3:25 pm
2
Posted on 8/20/19 at 3:37 pm to TigrrrDad
quote:
Yes, just like when I buy a lottery ticket
Wow you have some insane confidence in lottery tickets... apparently you think they cant miss?
quote:
Yeah I just don’t see this one missing. I’ve only fooled with one other penny stock in my life and it tripled.
As for my astounding discoveries, they began in February when I ripped to shreds this piece of shite and apparently hurt your precious feelings along the way.
The fact you keep going to well is just lagniappe.
Posted on 8/20/19 at 3:40 pm to The Egg
quote:
CDIX today baby, what dreams are made of!
LOL good job egg..... gotta love a company with no money putting out the LOI in a sub event on a $30 million acquisition, with $15 million cash.
I would take the gain and run like hell.... that biatch aint closing.
Posted on 8/20/19 at 3:43 pm to igoringa
oh i agree, but love the pumpy action
let the pumpers pump
it was a good day today
let the pumpers pump
it was a good day today
Posted on 8/20/19 at 3:44 pm to igoringa
Shooters shoot.
Bitches bitch.
When you enter a weed stock thread and name a stock that nearly doubles the following month, then you can talk shite. Until then, you’re nothing but hot air
Bitches bitch.
When you enter a weed stock thread and name a stock that nearly doubles the following month, then you can talk shite. Until then, you’re nothing but hot air
This post was edited on 8/20/19 at 3:48 pm
Posted on 8/20/19 at 3:50 pm to TigrrrDad
quote:
When you enter a weed stock thread and name a stock that nearly doubles the following month, then you can talk shite. Until then, you’re nothing but hot air
No I can talk shite pretty much whenever I want. As you should be able to infer from the feedback of the other posters, one of us looks like he has lost his shite and it ain't Igoringa (I simply look obsessed lol).
But I do like the posting in bold... try all caps next time - seems like your style.
Let us know what other stocks we should hold as they drop 66%....
Posted on 8/20/19 at 4:32 pm to TigrrrDad
quote:
Yes, just like when I buy a lottery ticket - which is exactly the mentality expressed throughout this thread.
You’re delusional, unless you “know” a lottery ticket will be a winner
In spite of having the wrong numbers too, probably
Posted on 8/20/19 at 8:56 pm to BitBuster
quote:
There's no logical reason to be long on it whatsoever
This is simply not true.
In the past 9 months they've received the state cultivation license for Coachella, began growing in the initial pod and began showing revenue, then added 2 additional pods (which are also being used to build the strain vault and build stock for Paso Robles).
They've also recently had the Coachella state distribution license upgraded from temporary to an annual license, and made hires to head distribution.
In addition to the fledgling distribution business, Basso Botanicals has also become the first to start selling under the 7x Pure verification banner.
LVVV received the San Luis Obispo County cultivation license and will soon have a state license for that location with over 25,000 sq. ft. of indoor space.
They purchased 265 acres of prime real estate with its own water supply, with an option to purchase 185 more acres. They've likewise begun the application process with San Luis Obispo County for an outdoor cultivation license.
They also held 15 billion shares of APRU (currently in the .015 range) and recently reached an agreement to part with those shares, which likely provided cash for the large real estate transaction along with some big money partners (though we'll likely never know due to Bill's shady bookkeeping
). In short, they are building a cannabis company, which does not happen over night. Regardless of how bad Bill screws up the uplist or the bookkeeping, they've made significant progress over the past 9 months and will continue to do so. I don't care if it takes another year, or two years, or three.
The stock price has fluctuated. Newsflash: Practically the entire cannabis sector has circled the toilet bowl this year. LVVV obviously has its problems, as does any startup, but to say there is "no logical reason to be long on it whatsoever" is simply inaccurate.
He who laughs last...
This post was edited on 8/20/19 at 9:08 pm
Posted on 8/20/19 at 11:56 pm to TigrrrDad
quote:
They also held 15 billion shares of APRU (currently in the .015 range) and recently reached an agreement to part with those shares, which likely provided cash for the large real estate transaction along with some big money partners (though we'll likely never know due to Bill's shady bookkeeping ).
So a deal that officially closed at the end of July with a company that had 9k cash at q1(3/31) and 30k in cash at q2 (6/30) “likely” provided cash for a May 24th real estate transaction?
You are so fricking gullible - it is amazing. You sure you only traded one penny stock before? Lmao
Posted on 8/21/19 at 7:49 am to igoringa
Q2 revenue = $371,876. (up from $47,306 in Q1)
Not a bad start for a business that doesn’t exist.
Also no new shares issued in Q2 - no dilution.
Apparently it takes more than 1 quarter to get a company started - who knew?
Not a bad start for a business that doesn’t exist.
Also no new shares issued in Q2 - no dilution.
Apparently it takes more than 1 quarter to get a company started - who knew?
This post was edited on 8/21/19 at 8:36 am
Posted on 8/21/19 at 7:53 am to TigrrrDad
And the minions on investorhub are pumping the shite out of it right now, they want to sell the news as bad as anybody.
Today may be the day I'm able to get out boys!!!
Fingers crossed!
Today may be the day I'm able to get out boys!!!
Fingers crossed!
Posted on 8/21/19 at 8:06 am to BitBuster
Don’t let the door hit you on the way out.
Posted on 8/21/19 at 8:57 am to TigrrrDad
quote:
Q2 revenue = $371,876. (up from $47,306 in Q1)
Not a bad start for a business that doesn’t exist.
Also no new shares issued in Q2 - no dilution.
Apparently it takes more than 1 quarter to get a company started - who knew?
Anybody stoked about these financial statements doesn’t know how to read financial statements
Posted on 8/21/19 at 9:10 am to Thib-a-doe Tiger
Thibadoe on cue to tell us that an 800% increase in revenue is a bad thing... 
This post was edited on 8/21/19 at 9:11 am
Posted on 8/21/19 at 9:19 am to TigrrrDad
quote:
Thibadoe on cue to tell us that an 800% increase in revenue is a bad thing...
Revenues don’t matter if your COGS is higher than your revenue
They owe someone 109 million shares
They have $12k in cash
They have less inventory than many common drug dealers
And the financial statements are so watered down, you can’t tell where any of the money went
ETA: but congrats on the win I guess
This post was edited on 8/21/19 at 9:21 am
Posted on 8/21/19 at 9:20 am to Thib-a-doe Tiger
quote:
They have less inventory than many common drug dealers
Posted on 8/21/19 at 9:24 am to castorinho
To put this in perspective, they had a gross profit of about $43k on sales of $47k in the first quarter, then somehow managed to lose almost 4K on 370k of revenue in Q2, but don’t let that distract Dad. That doesn’t scream unaudited financials or fraud at all
This post was edited on 8/21/19 at 9:26 am
Posted on 8/21/19 at 9:25 am to Thib-a-doe Tiger
A start up company isn’t showing profits yet in the second quarter?
YOU DON’T SAY!!!!!
It may be another year or two before they show a profit. Newsflash: startups reinvest and expand. I think it was Tilray that hit over $20 billion cap while still losing $12 million/quarter.
YOU DON’T SAY!!!!!
It may be another year or two before they show a profit. Newsflash: startups reinvest and expand. I think it was Tilray that hit over $20 billion cap while still losing $12 million/quarter.
This post was edited on 8/21/19 at 9:26 am
Posted on 8/21/19 at 9:28 am to TigrrrDad
quote:
A start up company isn’t showing profits yet in the second quarter?
Explain how they made 43k gross profit on 47k in revenues in the first quarter, but lost 4K on 370k of revenue? I’m not looking at net profit, I’m telling you Bill is selling weed for less than it costs him to produce/acquire it
Solid business plan
Posted on 8/21/19 at 9:49 am to TigrrrDad
Dad,
LVVV isn't a startup company. They've been DBA as Livewire since 2008.
GHC Ventures is a "startup subsidary". We're not really invested in GHC Ventures, LVVV is. GHC is the only thing actually funding LVVV besides the sales of stock.
Again, we own shares in LVVV, NOT GHC ventures. All the BS that LVVV brings to the table is what ruins everything. They are wasting any gains GHC makes on a futile attempt to 'go vertical'.
I realize I'm wasting my breath but surely even you can see that all of the data on the Q was cherry picked, un-audited, and complete mess.
Did you see the part where they mention a lawsuit dated Aug 2, 2019, then at the end of the document it was signed June 30th 2019? So it was signed as authentic in June, but modified August 2nd, just over a month later? That's not fishy at all to you? Would you accept a legal document that was edited after you signed it?
Find a comfortable price to accept losses, then cut and run, don't walk, out the door before the price gets back to reality.
LVVV isn't a startup company. They've been DBA as Livewire since 2008.
GHC Ventures is a "startup subsidary". We're not really invested in GHC Ventures, LVVV is. GHC is the only thing actually funding LVVV besides the sales of stock.
Again, we own shares in LVVV, NOT GHC ventures. All the BS that LVVV brings to the table is what ruins everything. They are wasting any gains GHC makes on a futile attempt to 'go vertical'.
I realize I'm wasting my breath but surely even you can see that all of the data on the Q was cherry picked, un-audited, and complete mess.
Did you see the part where they mention a lawsuit dated Aug 2, 2019, then at the end of the document it was signed June 30th 2019? So it was signed as authentic in June, but modified August 2nd, just over a month later? That's not fishy at all to you? Would you accept a legal document that was edited after you signed it?
Find a comfortable price to accept losses, then cut and run, don't walk, out the door before the price gets back to reality.
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