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re: Let’s talk weed stocks in this thread
Posted on 8/21/19 at 3:13 pm to Thib-a-doe Tiger
Posted on 8/21/19 at 3:13 pm to Thib-a-doe Tiger
quote:
Not so fast my friend. We have 109 million outstanding shares that have yet to hit the market
Without nerding to death, did it actually say 109 million shares or are you just doing the math.
Reason I ask is under GAAP if you have a common stock payable for a fixed number of shares, it should got to sharesholder's equity - if variable it stays as a liability until issued (by variable I mean a variable number of shares to issue for a fixed amount or at a discount to market etc...).
I assume their accounting just sucks and shouldn't read into classification. And yes at a minimum it would be 109 million shares ….. but don't worry Dad assured us no dilution.

Posted on 8/21/19 at 3:21 pm to TigrrrDad
quote:
which tripled.
I hate pump and dump scammers so much it's just downright dishonest to mislead people
Posted on 8/21/19 at 3:39 pm to igoringa
I just used the number for “stock payable” listed under liabilities and divided by current share price. The way it’s listed on there makes it look like they owe those shares to somebody, not as treasury stock or anything like that
I’m assuming you’re correct on that IF for some reason they followed GAAP (for once), that it is for a variable amount of shares which will be no less than 109 million. Also, that liability went up around 500% since q1
I’m assuming you’re correct on that IF for some reason they followed GAAP (for once), that it is for a variable amount of shares which will be no less than 109 million. Also, that liability went up around 500% since q1
This post was edited on 8/21/19 at 3:49 pm
Posted on 8/21/19 at 3:47 pm to Thib-a-doe Tiger
The SCF says it was issued with the debt …. you know the debt that theoretically doesn't have a stated conversion term but everyone and their dog knows it will be converted…. there are hundreds of millions of CSEs out there, if not in name.
Hell the one note they borrowed in Q1 for $500K already matured... we all know that will settle in equity eventually but folks like Dad can be tricked with no dilution in the meantime.
Hell the one note they borrowed in Q1 for $500K already matured... we all know that will settle in equity eventually but folks like Dad can be tricked with no dilution in the meantime.
Posted on 8/21/19 at 3:50 pm to igoringa
Can we find out who owns ERP, LLC? Nowhere can I find that it is a wholly owned sub of LE. Methinks the LVVV shareholders will be fricked out of that ranch at some point
Posted on 8/22/19 at 9:30 am to Thib-a-doe Tiger
Here we are on day 2 of LVVV revenue extravaganza. The longs on IH still haven’t figured out that the price won’t move because they are all trading with each other
Posted on 8/22/19 at 10:22 am to Thib-a-doe Tiger
Just sold 30 of my 35k. Lost about 35percent on it. Could have been far worse. Happy to get out. Looking to invest this few hundred in something else beside weed stocks. Tired of losing money in this shite
Posted on 8/22/19 at 10:22 am to Thib-a-doe Tiger
quote:
price won’t move
42% in 2 hours and 50% since yesterday’s open isn’t exactly “not moving”.

Hit .0185 so far today.
This post was edited on 8/22/19 at 10:29 am
Posted on 8/22/19 at 10:29 am to TigrrrDad
42% on trade $ that yet to equal what you alone have invested lol
That is some liquidity you guys got there.
And I love all the posts (including you) about no dilution... literally there in black and white and you guys just play stupid (very well).
That is some liquidity you guys got there.
And I love all the posts (including you) about no dilution... literally there in black and white and you guys just play stupid (very well).
Posted on 8/22/19 at 10:37 am to igoringa
Anyone else in Valens? What’s been going on with it the past month?
Posted on 8/22/19 at 10:38 am to igoringa
Come on $0.02! I'm out of that happens, will take my loss and move the frick on.
Posted on 8/22/19 at 10:40 am to rowbear1922
quote:
Come on $0.02! I'm out of that happens, will take my loss and move the frick on
Yes! Now that they he company is actively in business and beginning to produce revenue, it’s time to bail!
That’s my long strategy too - invest on what I hope they will do, then bail when they actually start doing what I invested for.
I do the same when I bet on LSU games - I lay down my money, but once they start scoring touchdowns I beg for my money back.
This post was edited on 8/22/19 at 10:43 am
Posted on 8/22/19 at 10:40 am to rowbear1922
quote:
Come on $0.02! I'm out of that happens, will take my loss and move the frick on
Hoping for you brotha!
Posted on 8/22/19 at 10:47 am to TigrrrDad
quote:
That’s my long strategy too - invest on what I hope they will do, then bail when they actually start doing what I invested for.
Was that your strategy with the stock you have bragged about several times where you ultimately went from $800 to $0.05 currently... yet somehow that is a bragging point of yours? "If you weren't gullible like me, you could have made money at some point". Sounds so different then your argument with LVVV
Or is this you diversifying your brilliance?
Any thoughts on the fact that no cash seemed to come with the revenue? Any thoughts of that with no cash and comparable COGS that is seems like a bit of a gross up? Any thought on the missing $6 million asset? Any thought they have haven't had revenue survive an audit since 2015? Any thoughts... at all... while you take a shot at someone who is thinking?
Oh yes, you don't care about any of that... as long as Bill pinky promises the sales occurred that is good enough for you.
As for your football analogy, I just heard LSU put on 49 against Bama last year. Trust me they did.
This post was edited on 8/22/19 at 10:49 am
Posted on 8/22/19 at 10:57 am to TigrrrDad
quote:
Yes! Now that they he company is actively in business and beginning to produce revenue, it’s time to bail!
That’s my long strategy too - invest on what I hope they will do, then bail when they actually start doing what I invested for.
I do the same when I bet on LSU games - I lay down my money, but once they start scoring touchdowns I beg for my money back.
Since we are talking sports betting, O/U Bill and LVVV are truthful with revenue and share dilution. I'll set the O/U at 0%. Who wants to bet the over?
Posted on 8/22/19 at 11:09 am to igoringa
quote:
Was that your strategy with the stock you have bragged about several times where you ultimately went from $800 to $0.05 currently... yet somehow that is a bragging point of yours? "If you weren't gullible like me, you could have made money at some point". Sounds so different then your argument with LVVV
I put $800 in that stock and treated it like a slot machine.
When I go to the casino, I’ll put a few hundred bucks in the slot machines. At some point I’ll usually be up, but I don’t play slot machines to win a few hundred bucks. I play for the enjoyment and the chance to hit the jackpot. I plan on going home with $0 or a jackpot - nothing in between. Same thing with that penny stock. I didn’t care if I lost that $800 because I could afford to - I bought that stock for the chance at hitting 10x that amount. That stock tip came from an uncle who made 25x his money on a company run by the same guy that stock was under. And that’s why I can laugh about it and post it on a message board. If I felt bad about losing that money, would I have posted about it on a public forum?

You can yuck it up all you want about this stock. After dropping to nearly subpenny in recent weeks, today it bounced to .0185 in a couple hours on news of modest revenue. And the question about the $6 million for the ranch was posted on ihub and newsflash: no one cared. Because the people buying and selling the stock are oblivious to the details. And that’s the “hard core” LVVV guys on ihub. Most investors are even more oblivious than they are. That’s why the share price reaction was minimal yeaterday after the 2nd quarter report hit ihub, but the reaction was immediate after the press release today. Today the news reached a larger audience, and that audience doesn’t even read the financials like the ihub guys sorta do. Investors are NOT that informed and do not know or do not care about the details of the financial statements - they only care about revenue.
That’s what you don’t get. It’s not that I don’t give validity to all the great points you bring up about the financials, and I’ve told you this before. It’s your conclusions that I don’t agree with. Will all the tomfoolery with the books affect the company 5 years down the line? Certainly. But the share price will pop long before then. You see the pop that yesterday’s revenue announcement caused. Now it will fizzle out. But then the 3rd quarter will be even higher, and by that time, despite Bill’s shenanigans, the Paso Robles nursery ought to be up and running. And if not, then it will by the next quarter. Or the next. But when you have quarterly statements showing significantly increasing revenue AND photos of a 25,000 sq. ft. nursery full of plants, that’s when it will really take off. Will it be a dollar, or 2, or 10? Doubtful, which is why we kept talking about this being a “lottery ticket”. But it WILL show 50 or 100 or 200 or 300% gains. And that will be more than enough to satisfy most people (including me since I invested more than just $800 in this one). And if they luck into a major partner on that $6 million dollar ranch that’s unaccounted for in the financials (which even the gung-ho investors don’t care about), THEN it might be that lottery ticket stock.
TL/DR: You’re applying far too much logic to a penny stock.
This post was edited on 8/22/19 at 11:20 am
Posted on 8/22/19 at 11:16 am to rowbear1922
quote:
O/U Bill and LVVV are truthful with revenue and share dilution
Irrelevant what the truth is.
You just witnessed what news will do.
See my above post.
This post was edited on 8/22/19 at 11:17 am
Posted on 8/22/19 at 11:19 am to TigrrrDad
1). When you put a few hundred in a slot machine - and lose it - do you tend to brag constantly that You tripled? Because that is what you did here.
2). I said from day one this is a viable pump play ... ie details not important - shenanigans could win short term. You were the one that argued it was legit, done the right way, several dollars etc...
If your position was this is a bullshite pump and dump show - enjoy the ride - we would have been in the same parlor long ago.
But you have been vehement this is legit future billion dollar enterprise. That is what we have been debating - not whether your fellow longs on IHub can process a rationale thought - we know they can’t.
2). I said from day one this is a viable pump play ... ie details not important - shenanigans could win short term. You were the one that argued it was legit, done the right way, several dollars etc...
If your position was this is a bullshite pump and dump show - enjoy the ride - we would have been in the same parlor long ago.
But you have been vehement this is legit future billion dollar enterprise. That is what we have been debating - not whether your fellow longs on IHub can process a rationale thought - we know they can’t.
Posted on 8/22/19 at 11:21 am to igoringa
quote:
When you put a few hundred in a slot machine - and lose it - do you tend to brag constantly that You tripled? Because that is what you did here
bullshite. Regardless of what my investment goals were, a stock that triples is a winner.
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