If you researched on Kaloca, you have found it is still operational and it now a MJ investment consulting firm. Also, your statement are riddled with fallacies, meaning you are trying to associate Latteno and the CEO with a person(s) who have nothing to do with this company. Your comments have everything to do with shorting this stock. Sounds like you went looking for something negative to write about this company. When you could not find much, you made up things to support your assumptions. Who does this? = Someone who recently shorted this stock.
This is playing games. He will take some agreement he found from years ago to go on a tangent about events and people who have nothing to do with this company. He likely shorted this stock. His posts will only get worse.
What else do you need this week. He posted the financials for the 1st Q 2015. Also, for some reason, the media outlets are not writing and posting articles about this company. On the Google news feed, the new article are placed out of sight archived with older articles. Only HotStocks negative articles are show up top and stay there. The CEO did good this week.
We also have a lot of negative posters popping up on this stock with some flooding the sell side with shorted shares. They will not leave this stock price alone.
The worse thing about this is management issued all the PRs and stocks to claim new assets but none of these asset showed up anywhere. I can count over $15 million in stock issued in two years but no increase in the assets at all. Sad thing about this, if management would have did the right things or invested the money in projects, this company's stock would be trading well a few cents. They just killed shareholders for their gains. this is the worse traded stock I've seen since the financial crises.
We have a group that is bent on taken down this stock price. Some moved from IHUB and some from HotStock. Someone is paying to get this stock price down for some reason. Also this rest of the sector has stabilized but this stock continues to see pressure on the down side. Stocks don't trade like this unless someone is doing this on purpose.
What you wrote does not mean anything here. The new CEO is just trying to restructure the company . Kaloca is now a consulting firm. You did not mention this in your thread. Your post is based on pure fallacies. Just because someone had an agreement with GTG years ago, does not mean that they are currently associated with this company. The persons you mentioned in your thread have no connection to with Latteno or the CEO.
You are wasting your time with them. You should know they are stealing from people's accounts and their posts are associated with a scam to drive down stock price. This is what is happening with this stock. They will short it on the bounces and start posting negative comments to get small investors to sell to them cheaper. They may even buy and keep some shares long to sell on price increase or news. You are dealing with scam artists who are on people's accounts.
Very good article to read. It would be interesting to find out why all these negative posters converged on this stock in the last year or so. It really does not make a lot of sense for a sub-penny stock unless they followed big money into it or someone wanted to takeover the company early on.
I think the new CEO is trying to restructure the company. I like what he stated in the PR.
Their are only a few investors doing this and one is using multiple screen name to post negative comments. He may also be attacking the bid price. Something is wrong with this guy.
Mekonza is not gone in name. The corporate officers transferred most of the business and funds out of Latteno. Shareholders may have do a class action lawsuit to get it all back from them. Our money is somewhere and there needs to be an investigation to find it.
The company is not doing full reports. It is not reporting on the MJ units yet. They state in the note the raise of capital to invest in the MJ units but they are not actually reporting on them in the financials. This is causing the problems.
Most of them seems to be from the same group with some changing and using different screen names. They are starting up with HKUP again and trying to rotate buyers.
All this has been reported to regulators ( FINRA and SEC) over a year ago. They have not did one thing to these people who are responsible for ripping off investors here.
That is because someone is manipulating the stock price down and the MM is allowing it to happen. We went through the same type of trading pattern on the regular markets years ago, meaning orders executed well below the current bid price and traders creating death spirals on certain stocks. Another, if the stock price bolted 1000 percent, regulators would look into it. But do you think they will look into this nonsense and investigate the person(s) doing it. Even when investors complain about it, they do nothing or it takes years to charge anyone. Going the other way, they will halt the stocks without a complete investigation.
The may have also did that because someone at this company gave shares away for $0. Now we have people who don't care about price. They will short and dump share at any price to bring down stock price. FINRA should be notified of the current trading pattern.
I am sure the SEC is looking into the activities associated with this company and its trading pattern. The problem is that takes 3 or 4 years for investigators to even charge anybody ( if they do). In this case it may even take long because they are dealing with people operating cross-border.
Well maybe you should send you message to regulators instead of posting daily to this board. Sometimes it is best to get your facts straight before you open your mouth. Also, the company really does not need a hemp farm in CO. The materials, containers, labels, etc... are all available whole sale online. Most raw hemp is imported for these products. Insiders may be fighting for parts of the business right now.
DD, you are wasting your time with this argument. They know the argument is unimportant here. They are trying to bring Keith Nguyen into to this message like they did on IHUB. They are also trying to steal from people's accounts (likely client accounts). This is why they are here.
You are looking up old news that does not mean anything to investors of this company. Some investors converted debt into shares year over year, this reduce the debt by half. The did report raising about $100,000 in the 1st Q but they are still carrying less debt than 1st Q 2014. Revenue may have been affected by the port strike in CA and seasonal changes in demand. Instead of digging up unimportant issues may you should spend more time doing something else.