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Bullboard - Stock Discussion Forum 1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA... see more

CSE:TGIF - Post Discussion

1933 Industries Inc > Below .09
View:
Post by Cashmoneycashdo on May 21, 2021 11:29am

Below .09

Come on !!!!
Comment by whateveryousay on May 21, 2021 12:16pm
I thought a buy in was safe at .10 this stock is psing me off.The Cannabis space is a bad place to put your money right now.It is going through growing pains and consolidation combined with an oversupply.I only have 30,000 shares so I will ride this out for a few months it should rebound as Nevada opens up.
Comment by theTransporter on May 21, 2021 1:43pm
That's because Bruce hasn't said anything postiive about this for any long time.  Seems like he's taking a nap.
Comment by Weedmd11 on May 21, 2021 2:35pm
Hey fellas. im glad I got my double up here and I'm glad when I got my soup at .12 with a re buy I just let it go .115 and came back today to see how this was doing .085 she comes back into the .075 I'll enter again but this may bottom again before it's done enough to run. Anyways good luck guys. Dash how you been ? 
Comment by DashForCash on May 21, 2021 5:46pm
All good WeedMD...just waiting for the details from June 29 as the next meaningful milestone.  My greatest concern revolves around the peculiar Debs handling and the crickets from Rosen on it - very unlike his style.  I take it as a negative therefore and that we may have to pony up a ton of our treasury to satisfy that debt.  All the more reason we need to be cashflow positive ASAP ...more  
Comment by Arbutus22 on May 21, 2021 7:22pm
Dash, fully agree with your optimism. We're in a broad risk off period where small caps are being unloaded. Pot in general has moved nowhere since hitting Feb highs. 1933 got a temporary bump from the pp @ .11 but interest has since waned. We've been trading less than half of average volume for some time now. Today traded +300,000 shares. That's a measly 27k. No news from management ...more  
Comment by theTransporter on May 21, 2021 10:00pm
If next quarter results prove to be extremely positive enough to send the stock price up to $0.15 and beyond, hopefuly they'll be able to force conversion of the debentures, or debenture holders would naturaly convert.
Comment by DashForCash on May 22, 2021 12:24pm
I like the comments ARB and I always prefer to be optimistic but with the Debs I think I am being realistic.  Pulling the Debs push plan clearly had to have been plan C.  Plan A would be full conversion of all outstanding - with a stalled share price that is no longer fully viable.  Plan B would then be to push the Debs for another year.  This was executed and received strong ...more  
Comment by Arbutus22 on May 23, 2021 5:14pm
Dash, asking that you consider the following: -Mar 4, close 5m pp -Mar 24, announce 4/14 mtg to extend deb maturity date  -Apr 22, resolution passed -May 5, extension cancelled We're both crystal ball gazing re: why extension cancelled. Your thoughts are totally valid and possible. Only management has the answer. My thinking: they have $ in the bank per pp and revenues generated ...more  
Comment by Fogell on May 23, 2021 6:29pm
Arb, well thought out points gazing ahead. The podcast you are reffering to on "May 18th" is actually 3 months old from March. Idk why 1933 just posted that now.
Comment by DashForCash on May 24, 2021 9:13am
All good ARB!  Why the real reason has not been shared by Rosen is odd so we are not left guessing. I just feel like we experienced a hiccup.  Not a kill shot hiccup - we have the cash, but after upgrading the lights which was very important to do and then now paying out the Debs it would appear is likely to happen - I believe are cash reserves will be strained unless, as mentioned, we ...more  
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