RE:RE:RE:RE:RE:RE:RE:Financials Are you unaware that there was a raid on the facility? Having the county sheriff kick down the door because of regulatory confusion prevented them from shipping product. I mean, you must know that, right?
I imagine that event put the fear of god into management, and as a result they've been overly cautious regarding regulatory compliance.
But, again, none of this has anything to do with Q417 financials. Why would anyone expect there to be a big sales number in that report when it is common, public knowledge that they haven't shipped products yet?
Nobody is happy with the company's performance, which is why the share price is hovering around 75 cents. But that doesn't mean the financials from last year will have a massive impact on the stock performance. They could have zero revenue in that release but if LDS announced delivery of their product at dispensaries around the state on the same the stock would go UP.
You think Q417 will push this stock into the 30s, you're entitled to that opinion. We will see which one of us is right soon enough. By suggesting that you think every investor here is completely clueless regarding what is happening with the company. Who exactly will be surprised when they report these numbers? Can you point to ANYONE on this board who thinks LDS was selling lots of product in Q4? One person? It's about expectations.
DustDevil667 wrote: Maybe you’re new to this company. This company has either lied , underperformed or kept shareholders repeatedly in the dark for years. This is a Oct 31/17 news release from the company
." The LDS Scientific team anticipates releasing sales figures by the end of November 2017...... it’s always some excuse about every single thing they say. Most of the time there is no news release that there is a problem as currently there’s now a transportation problem that they are not mentioning nor are they mentioning that they can not start their expansion etc etc etc. You have simply an opinion and I’m telling you that there WILL be a free fall when financials are released cause it’ll no so pathetic I won’t even mention the so called deal they had with Harborside that is now none existent and they have not mentioned anything. The free fall may well happen before that but it’s guaranteed to happen then. Leafs4Life wrote: Earnings are not released in a vacuum, they are judged against expectations. Anybody expecting LDS to report stellar earnings for Q4 2017 is deluding themselves because everyone knows that they were not selling any products. The fact that they will report zero sales revenue will not be news to anybody who has been paying attention. Because the expectation is zero sales revenue, there will be no material sell off when they report zero sales revenue. That bad news is already priced into the stock.
Hell the cash on the balance sheet won't even be within 5 million dollars of the correct number. They've done a capital raise and have had millions of warrants exercised in the four months since those numbers were calculated.
Maybe you're new at this, I don't know. But everything you've said makes you seem like a massive noobwhale. If that's how you make your investment decisions, good luck. The things that will move the stock (up or down) will take place when they finally ship a product. Then sales and earnings will become meaningful. Not Q4 2017.
DustDevil667 wrote: Let me explain it to you in simply so you understand. Investors absolutely do care about financials and when they are released it’ll be the straw that broke the camels back. The stock will be in a free fall. This company has shown complete incompetence the last 2 1/2 years and they continue to do so. It’s actually unbelievable how they can not accomplish the simplest task without huge delay and deceive investors ......,
Leafs4Life wrote: You don't seem to be very good at reading comprehension so I will try to explain my points in simpler terms. Investors are not interested in LDS because of what they will read in financials. The market doesn't care about what happened in 2017. 2017 is already priced into the stock.
The market wants to see LDS products on shelves across california. When Reveur and Cannastrips are available in dispensaries for sale the stock will respond. Once the company is selling products then their financials will become important. If you think that statement is "WRONG" then you're going to have to explain why.
Or maybe you're just an angry person. It doesn't seem like you actually care to exchange information or participate in a debate, you just want to scream on a message board. I understand, it makes you feel better to shout on the internet. Go have a beer on a patio somewhere, sunshine and booze is better than internet trolling.
DustDevil667 wrote: Absolutely dude. Also , everything you just said is completely wrong. Breaking ground on their facility .... WRONG ! Fulfilling orders ...... WRONG !
Leafs4Life wrote: You honestly think 2017 financials are going to move this stock (up or down) in a significant way? Investors in LDS are here because of what will happen in the future when their products are on shelves across the state, and they've broken ground on their grow facility, and they are fulfilling orders for cannabis oil. Nobody who follows this name gives a damn how much consulting revenue they generated. And nobody who knows what they're looking at will be surprised they haven't made much money... they didn't ship a product.
I think you're out to lunch on this one, dude.
DustDevil667 wrote: TGIF $5 million last 6 months. LDS will be lucky to accomplish 1/10th of that in their last 6 months. Pretty much guaranteed to see the .30s or less