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re: Let’s talk weed stocks in this thread

Posted on 2/16/19 at 3:51 pm to
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/16/19 at 3:51 pm to
My you get defensive awfully fast when it is not an echo chamber.

I asked a simple question - where is the R&D spend if they are developing a significant proprietary system. Not a complicated question - a simple one.

YOU were the one who told me to look at their audited financials. So I followed your advice.

quote:

So you’re saying that when Bill gave his presentation on the 7x Pure system to the City of Coachella Economic Development Planning Sub-Committee on May 3, 2018 (which was subsequently accepted by the city), he really just jumped up there with hat and cane and did a song amd dance routine because the system doesn’t exist?


One of 15 or so action items at a city council meeting - that is what you are hanging your hat on? Probably read off the bogus website they put out in 2017 which sounds so nice but has zero substance: LINK

Notice the link where they say they have two research teams.... yet no R&D. Amazing what happens if you follow your own advice and read the financials.

Leon Fleyshman - Yes yes.... help me out here - what is his decades of specific experience (that apparently he is given for free as there is no R&D). Seriously, try the search engines, back out the Livewire press releases and found us anything that shows he has done anything other then associate with another penny stock.


Livewire first pimped 7X in 2017 with no mention in anyway of blockchain. But in early 2018 when it became the Pump de jour - boom blockchain. Research teams aligned and all that jazz. But alas no R&D spend.

quote:

Is there a single claim the company has made through press release or tweet that was false information?


No just the financials and the gosh darn random unrelated third parties who have done paid promotions on this company for years, but of course are not related to Bill and his gang... they just magically have enough equity to benefit from the multiple pumps while absorbing the costs. But for fun, note their April 15, 2018 press release announcing their auditor. Notice... that is not the auditor in the filing that seem to take forever. Hmmmm any explanation on the change of auditor? Surely that is not suspicious at all.

On another note, another honest question (if it doesn't cause your panties to bunch) - where did an energy chew company get a 'massive genetics library' (their words not mine)?
Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/16/19 at 4:37 pm to
They have nothing.

You’re 100% right and the whole thing is a scam. I should know - I’m their ringleader.

All of the licenses are probably forgeries, because none of the state or local agencies inspected or verified anything on site. How could they? None of it is real.

Everyone should bail out NOW!



This post was edited on 2/16/19 at 4:58 pm
Posted by High C
viewing the fall....
Member since Nov 2012
60840 posts
Posted on 2/16/19 at 7:22 pm to
Just curious as to your motivation here, igoringa. You seem to have put a lot of research and effort into disparaging this stock. Do you have a position, or is this simply an “I told you so”? Not a bash, just a question.
Posted by thatguy777
br
Member since Feb 2007
2506 posts
Posted on 2/16/19 at 7:46 pm to
It’s probably more the fact he’s trying to warn the ppl that don’t have experience that this stock has a 99% chance of going to shite. All OTC stocks do. Hate to be the bearer of bad news.
Posted by LSUregit
Member since Dec 2013
1693 posts
Posted on 2/16/19 at 9:24 pm to
I have some skin in the game, with no research, purely b/c of FOMO and not wanting you bastards on the yacht without me, but TD starting to sound like Nate's Pancake guy
Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/16/19 at 9:59 pm to
Have I really said anything substantially different than what I said back on page 1 in September when this thread first started? I pretty much laid out their whole plan all the way back then, and all it has done since then is fall into place.
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/17/19 at 9:48 am to
quote:

Just curious as to your motivation here, igoringa. You seem to have put a lot of research and effort into disparaging this stock. Do you have a position, or is this simply an “I told you so”? Not a bash, just a question.


Valid question. I don't really have any motivation per se (obviously you cant short stocks like this). However, without getting too personal, the microcap stock space is my industry. I deal with such companies directly or indirectly hundreds of times a year (never LVVV). I have done so for over a decade. Looking at my posts and what I highlight, you can probably infer in what form that interaction takes.

That level of exposure to these companies helps develop a professional skepticism and you start seeing trends and how certain ones operate. You see what tends to be the death of these things both in terms of the company itself or more often just the minority equity holders.

So I really haven't been going off my fairway in evaluating LVVV. I would do the same on any other stock that generated this level of discussion on this board that would be in the space I am familiar with.

This one has been interesting because they have articulated a clear story and roadmap on the surface. As Tigerdad has laid out over these pages. And those tend to be the most successful pumps - ones that at the core have some activity and plan that can be articulated. Where the rubber hits the road is the validation of the sound bites and the history of the company.

Where did an energy chew company wake up one morning to have a massive genetic library? Why are their quarterly filings not GAAP compliant? Why are their audited financials not GAAP compliant? Why did the initial auditor they named in their press release bail and not issue a report? Why do they talk about developing a proprietary system with research teams but have no R&D spend? Why is the OTCQB approval taking an abnormally long time? Why has someone or some entity been paying to promote Bill's company consistently since 2012 (have to be a large shareholder to benefit from that)? How are we to believe after only being able to get toxic debt for years (which is the lender of last resort), that magically they have traditional financing although the financials don't support that? What is the support that there are customers lined up waiting to give millions a month to buy an energy chew company's plants?

Remember at a billion or so shares (and I assure you it is much higher today given their equity burn rate), this thing already has a $20 million market cap.

All that being said, I want to point out what I said in my first few threads - LVVV is intriguing as a momentum play - they will seriously pump when they can show any form of legit income. So as a short term momentum play (ie pre pump), it is compelling. Fundamentals wise, it does not add up if you move beyond simply parroting the words of Hodson.

Is this where I am supposed to insert :you got me: memes?


Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/17/19 at 10:09 am to
This is where you go off the rails - the conclusions you jump to:

quote:

Where did an energy chew company wake up one morning to have a massive genetic library?


How in the hell would you infer from any information that’s been given that they woke up one morning and magically had all those strains?

Could it possibly have something to do with hiring Kyle McKay as Master Horticulturist? Is it humanly possible that HE has access to all these strains?

quote:

During his 12+ years in the cannabis horticulture field he has grown over 230 stable genetics, managed over 27 cultivation centers, and grown the specific strains required to meet the needs of up to 45,000 medical cannabis patients at one time.


Likewise, they have had their greenhouse operating on their Riverside property for some time now. They lease it to a non-profit cooperative, but have applied for their permits and licenses at that location. Is it possible they have a deal worked out with access to the mother plants for their clone samples from that greenhouse? Isn’t it even more likely that that’s the primary reason they have that greenhouse?

You raise legitimate points but then make ridiculous leaps from those points to disparage a company that has made tremendous strides in the past year. They were a start up in cannabis in mid ‘17. Just since last summer they’ve acquired the Paso Robles property with 25,000 sq. ft. of warehouse space for a 10,600 sq. ft. nursery, got a San Luis Obispo county permit for that nursery (first one granted for a clone nursery in SLO), installed a pod nursery at Coachella, got a state distribution license (1 of only 400 in Cali. at that time) and tax permit for Coachella, got a state cultivation license at Coachella, and reached the point of revenue in early January. If you’re at all familiar with the legal cannabis industry, those are huge moves. Especially for a pump and dump.

More examples:

quote:

Why did the initial auditor they named in their press release bail and not issue a report?


I’m sure this is the first time in history an accountant has been fired...

quote:

Why do they talk about developing a proprietary system with research teams but have no R&D spend?


Like I said, I’m sure Bill just did a song and dance routine when he presented 7x Pure to the Economic Development Planning committee as evidenced by their own agenda at City Hall since in your mind the system doesn’t exist.

quote:

Why is the OTCQB approval taking an abnormally long time?


There have been subsequent document filings for the uplist, as recently as under 3 weeks ago. Apparently more documentation was required.

quote:

Why has someone or some entity been paying to promote Bill's company consistently since 2012 (have to be a large shareholder to benefit from that)?


I’d actually love to see the paid advertising since they switched to cannabis. Can you link some. (Seriously, I’d love to see what they say.)

quote:

How are we to believe after only being able to get toxic debt for years (which is the lender of last resort), that magically they have traditional financing although the financials don't support that?


Bringing a huge angel investor on board when they switched to cannabis probably helped.

quote:

What is the support that there are customers lined up waiting to give millions a month to buy an energy chew company's plants?


Before I became a dentist, I made deliveries for my dad’s company and made 25 cent tips. When I became a dentist, people didn’t line up to get fillings from a delivery boy - they got them from a dentist. They became a cannabis company in ‘17. People will buy cannabis from a cannabis company because that’s where you buy cannabis from.


I have no doubt that the financials have been a mess. If you’ve read this entire thread I have raised those points myself, even saying the audited financials showed double the losses that Bill’s handiwork showed. My problem is the ridiculous leaps you make to conclusions from the valid points you raise. Especially your earlier contention that convertibles will mean BILLIONS more shares created.


ETA: Of all the news - press releases, Bill’s tweets, video updates from Bill - that has come out since I started following the company last summer, not a single thing has been shown to be false. Also, no one has recommended holding onto this stock for 5-10 years. I’ve said repeatedly that all of these cannabis stocks that have made a serious run have just as quickly fallen back down to around 50% of that peak. This one has even done it on the small runs (8 back to 4, 6 back to 3 or less). Everyone here knows that the play is to sell when it makes its big run, which will likely be driven by revenue.

This post was edited on 2/17/19 at 10:46 am
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/17/19 at 10:49 am to
quote:

Could it possibly have something to do with hiring Kyle McKay as Master Horticulturist? Is it humanly possible that HE has access to all these strains?


LOL Yes they hired him in July 2018 (7/12/18 press release), one year after they claimed they had all this (7/13/17 press release). Oh yes, he was on their advisory board back then and just gave these billion dollar potential clones to them for a pittance?


Kyle is so proud of his livewire association, he doesn't show it on his linkedin page. LINK
But what he does show is he ran (runs) banyan moon nursery where he tried to sell this stuff. But really, it is worth billions LMAO.

So in summary, he gave them the golden keys a year before being horticulturist and has been trying to sell the stuff for years. Sound about right?

quote:

Is it possible they have a deal worked out with access to the mother plants for their clone samples from that greenhouse?


yes, here is our billion dollar clones - can we give that to you for rent? LMAO.

quote:

I’m sure this is the first time in history an accountant has been fired...


That is cute. Legitimate companies report the equivalent of the Form 8-k 4.01 requirements in that case explaining the who, what, when. If it was important enough to do a press release saying they had hired AMC, why would it lack importance to explain what happened?


quote:

You raise legitimate points but then make ridiculous leaps


Ridiculous leaps? From the guy who did the math and thinks $70 million a month in revenue is attainable when they have nothing and are using products that have been in the market for years. Now that is comedy.

quote:

Like I said, I’m sure Bill just did a song and dance routine when he presented it to the Economic Planning committee as evidenced by their agenda at City Hall.


Yes, if there is one place that requires the demonstration of significant and complex intellectual rigor, it is a brief presentation at a small town city hall. I hear he is going to convince the girls on The View next.


Again, you are a fan boy that doesn't want to hear any counter opinion - I get it. You tried to get your fan boys at investor hub to help address the obvious questions and that failed miserably. Now you are resorting to not even legitimately attempting to address the concerns, posting memes etc...

That isn't doing the board any favors so you can have your echo chamber back and I can giggle at the parroting of Bill's soundbites from a distance.


Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/17/19 at 11:21 am to
All of your bellyaching in the world (like Kyle McKay doesn’t even work for them - those pics of him literally tending to plants in their nursery are photoshopped - like I said, ridiculous conclusions) doesn’t change the simple facts of what has actually transpired with the company.

quote:

They were a start up in cannabis in mid ‘17. Just since last summer they’ve acquired the Paso Robles property with 25,000 sq. ft. of warehouse space for a 10,600 sq. ft. nursery, got a San Luis Obispo county permit for that nursery (first one granted for a clone nursery in SLO), installed a pod nursery at Coachella, got a state distribution license (1 of only 400 in Cali. at that time) and tax permit for Coachella, got a state cultivation license at Coachella, and reached the point of revenue in early January. If you’re at all familiar with the legal cannabis industry, those are huge moves. Especially for a pump and dump.


Oh yeah, I forgot...all smoke and mirrors.



You want to “win” so badly that you take valid points and jump to ludicrous conclusions from those points and lose all credibility, and none of it changes the facts of what the company has actually done and continues to do.
This post was edited on 2/17/19 at 11:43 am
Posted by MusclesofBrussels
Member since Dec 2015
4981 posts
Posted on 2/17/19 at 11:57 am to
quote:

TigrrrDad


You seem out of your depth here
Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/17/19 at 12:37 pm to


Igoringa is making bullshite claims.

quote:

LOL Yes they hired him in July 2018 (7/12/18 press release), one year after they claimed they had all this (7/13/17 press release). Oh yes, he was on their advisory board back then and just gave these billion dollar potential clones to them for a pittance?


McKay has basically been with them from the start.

July 25, 2017 08:00 ET

Livewire Ergogenics, Inc. Announces Strategic Development Agreements and Appointments to Advisory Board
ANAHEIM, CA--(Marketwired - Jul 25, 2017) - LiveWire Ergogenics, Inc. (OTC PINK: LVVV), a company focused on research partnerships, product development and commercialization of cannabinoid-based products, today announced it has entered into development agreements with seasoned horticulturists Kyle McKay and Jason Olson.

Who said he just “gave” them? I’m sure he was paid. And these aren’t all proprietary strains so no one is saying he “just gave these potential billion dollar clones for a pittance”.

Like I said - jumping to ludicrous conclusions.
This post was edited on 2/17/19 at 12:54 pm
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26742 posts
Posted on 2/17/19 at 12:45 pm to
Guys, I have not followed this thread but if I learned one thing from crypto, it is the hype surrounding weed stocks will go away and price will tank. Get out while you still can
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/17/19 at 12:57 pm to
Holy shite you have gone insane. You first mentioned they hired Kyle. I never said they didn’t. In fact I pointed out the press relaease date they hired him LINK

How in sweet frick can you interpret that as me saying he doesnt work there. You are deranged on this stuff

Posted by BitBuster
Lafayette
Member since Dec 2017
1785 posts
Posted on 2/17/19 at 1:00 pm to
I'm learning a lot from igoringa and tigrrdad's exchanges. Both sides. Name calling aside...

LSUtoOmaha, I agree that the same type of guys who pumped crypto are all over weed stocks. The difference between crypto and weed is that at the end of the day, there is a business and a product associated with a weed stick, crypto is just arbitrary.
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/17/19 at 1:14 pm to
quote:

Who said he just “gave” them? I’m sure he was paid.


Show me in the financials where there is any suggestion of a payment worthy of this billion dollar ($70 million a month idea) you are pushing?

What did Bill bring to the table that Kyle couldn't have been doing in the years preceding joining Livewire. The lure of a debt laden company with previous failed business models?

For this story of future fortunes to be believable, you have to believe Kyle is a brilliant horticulturist but the worse businessman alive (as he clearly couldn't do this without livewire and through public disclosures it is clear any compensation, equity etc he got is immaterial in terms of what he could have done on his own).

Livewire historically has been nothing but a failure that pumps and dilutes equity while borrowing toxic debt. Luckily, that is apparently exactly what Kyle was looking for to develop his 'massive genetics library'

Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/17/19 at 1:15 pm to
bullshite.

You’re saying they were lying about the strains they have in ‘17 because they didn’t hire him until ‘18, when in fact he has been with them since mid - ‘17. You also implied that he doesn’t actually work for them because you don’t see it on his Linked profile.

And if you think I’ve been saying Livewire will be making $70 million/ month anytime soon, you haven’t followed this thread.
This post was edited on 2/17/19 at 1:20 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
12377 posts
Posted on 2/17/19 at 1:24 pm to
quote:

bullshite.


LOL You are so pathetic

quote:

You’re saying they were lying about the strains they have in ‘17 because they didn’t hire him until ‘18, when in fact he has been with them since mid - ‘17.


I asked where on 7/13/17 they had them. That is when they announced they had them.
quote:


You also implied that he doesn’t actually work for them because you don’t see it on his Linked profile.


I said he must be proud - Jesus there are 100 pictures of him on twitter - talk about ludicrous assumptions!

This has derailed. Enjoy the upcoming pump and good luck.

Posted by Salamander_Wilson
Member since Jul 2015
8305 posts
Posted on 2/17/19 at 2:28 pm to
Posted by TigrrrDad
Member since Oct 2016
8088 posts
Posted on 2/17/19 at 2:56 pm to
quote:

For this story of future fortunes to be believable, you have to believe Kyle is a brilliant horticulturist but the worse businessman alive


Well, since he IS their Master Horticulturist and HAS made the decision to work for LVVV, the other thing we could "believe" is that all of your assumptions and the far-fetched conclusions you have reached are wrong.

quote:

What did Bill bring to the table that Kyle couldn't have been doing in the years preceding joining Livewire.


You'd have to ask Kyle, since he obviously made the decision to work for Bill.

quote:

The lure of a debt laden company with previous failed business models?


Since he obviously made the decision to work for Bill, and obviously did so knowing a lot more information than you or I have, I'm going to go ahead and guess that maybe, just maybe, all of your assumptions are wrong.

quote:

Livewire historically has been nothing but a failure that pumps and dilutes equity while borrowing toxic debt. Luckily, that is apparently exactly what Kyle was looking for to develop his 'massive genetics library'


Or, luckily, a horticulturist with an impressive resume knows who and what he is working for and your conclusions are wrong.

You are basing the overwhelming majority of your assumptions on what they did as an energy chew company.
This post was edited on 2/17/19 at 3:08 pm
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