Palm Beach Ventures Pre-IPO CBD at $.75 Teeka TiwariAnybody have a concept of what this latest CBD ”must buy now — buying pre-ipo shares ends no later than Friday” is about other than to force you into a $2500 newsletter due to an impending deadline that you’d be a fool to miss out on?
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some of beginners for stock trading don’t know the brokers to buy the stock from
I received the same email from Palm Beach about this $0.75 stock. Curious as well, but not paying $2,495 to find out. Anybody willing to share?
Flora Growth
This is not the first time for Teeka to promote this company. Months ago the deal was a minimum of
500 shares at .50 for $250 buy in. There was a “deadline” back then too. The company is called
Elegance and the product is a CBD energy drink. Others may know more.
The Elegance private share offering closed January 31 and it is not on any stock market now.
It was extended to February 28, 2020
I kind of figured, the newsletter folks like to recycle their promos to death sometimes. It’s funny that none of them (maybe few of them) made any real money in the market, they make their money selling newsletters to us. The way I always made money in the past (even before Internet) was to do my own homework and research, hours a day. Since it’s their only money making gig, newsletter guys will tell you almost anything and make it time critical so you are compelled to buy their newsletter to find the unbelievable deal, and then they go to bed richer every day.
In other words if ticker is N/A, it is pooled with his “billionaire”?? Elegance I researched was probably the one posted in January 8, 2020. Thanks @steven & @onyedollar. How did you find PBV so far? whats the success rate? same as J.Brown’s EST?? I want to move but these things could take yrs to develop. For now I’ll keep on truckin…. tnx for inputs and sharing
Teeka is NOT pumping Elegance on this one (and I did invest in that offering). This one is called Flora Growth. The minimum to get in is $1200 though. I’m considering it but have not done so yet. investflora.com
Thanks for the info. You are spot on.
Thank you for the info…very excited about this one…I just invested in it but their site kept freezing on me…maybe because of all of Teeka’s followers…but looking forward to winning on this one.
how pleased have you been with Teeka’s service, have any gone public and had the incredible gains? I just bought in on flora…i am exicted as this one is just around the corner 🙂
Do you have any info or update on Elegance? I invested , also, and have had phone contact a couple of months ago, but they are not answering my calls or emails now.
Hey Vette you sure this is FloraGrowth msn Teeka is pumping 50 cents per preipo share and just $250 to make a fortune
Not 75 cents a share
Looks like a reslly good preipo just the same vette
Pls advise if you can 93vette
I would appreciate very much
Cheers g8tor
Flora Growth is this one. Go to their web site. Looks like a bigger and better idea than Elegance. They have been buying up S. American cosmetic Brands and seem like a real up and comer. I am in it for a small bundle.
Thanks, you’ve got it right. Looked through their stuff and part of their video. I’m concerned that some of their numbers of how many shares they are selling don’t seem to add up.
I’m invested quite heavily in FG and got in back in April. This company is for real. They have been smart by buying competitors in other CBD markets like beverages, cosmetics, and even Pharma. They can produce CBD 73% cheaper than all the others. I would highly recommend Checking it out.
So the number 11 pick is flora? I have that already. Someone leaked it to me months ago. Why did he say it ‘s a new pick?
Any idea what his bio tech IPO is?
Flora Growth went to $17.44 today and ended up around $16.50. It’s ON FIRE!!!!!! Teeka got us in pre-IPO @ $.75 cents a share
Wish the buy-in wasn’t so high. Not sure of the logistics as one of us would probably have to hold the shares but if someone (preferably an Irregular) wants to go in on this please let me know.
I think the minimum buy in is $1200 for the CBD stock and even more for the newsletter. Do not do it if you cannot afford to lose $1200 and want to be stuck with a $2000 newsletter that may or may not give you winning recommendations. It’s that simple.
These are highly speculative deals — they are in the Venture Capital fund raising spot (maybe even a portion a little before that as they are looking for us, qualified investors as part of the “Friends, Fools and Family” section along with hunting VCs at the same time. )
New company funding usually goes in succeeding levels, first is the entrepreneur’s own cash, then the “friends, family and fools” stage, then you beg for a VC to invest, and if you get lucky you get funding from one or usually two or three VC companies and life is good and entrepreneurs think they’ve made it at this point. If you get producing and are looking like a winner, then you might get to be listed and do an IPO – the moon. During that time the entrepreneur’s share of the company has gone from 100% down to probably under 10% (VCs take big bites).
Understand they are just forming the company now and don’t even have products yet. Since they are not listed your shares are not liquid — you can’t just put in a sell order and away they go and money comes back into your account. These aren’t even in your trading account, if lucky you’ll receive a certificate showing the number of shares you own so you can put in in your vault or safe deposit box. And then you pray you made a wise decision.
Again, no matter how good it looks, don’t do it if you cannot afford to lose the money! Even VCs with lots of dough do lots of due diligence and many interviews with the company team, demos, visits to what they may have, outside research, etc. They buy into many companies and are probably happy if one in twelve to twenty hit it big, knowing they’ll lose money (or break even if lucky) on the other eleven. They may be using their own money or may be using other people’s money as well. Either way, even after all that due diligence that you don’t have (all you have is a long pitch and some people giving their opinions), VCs expect to lose money on the majority of their buys.
So again, don’t invest in anything this speculative unless you can afford to lose all your money. The only thing you might get, depending on how the corporation is set up, might be a tax write off. The other thing that might happen, and not saying anything about this investment but in general the majority do not make it but some do make it. It is not hopeless, but it is far from a sure deal even if a highly regarded VC has invested.
Do your own due diligence as best as possible and then decide. Don’t base your decision on a hyped up video with a looming deadline from a guys who sells newsletters for a living (if he’s invested at all, he’s already bought in way before it was 75 cents a share and at a minimum is guaranteed to make money from your purchase of his newsletter for thousands of dollars). If I could, I’d make it mandatory newsletter sellers divulge how much they make in the market and how, and how much they make selling newsletters. Think about it — if they are so damned great at the market, why are they wasting time selling newsletters? Couldn’t they spend their expertise and time making great deals on a daily basis instead of writing a monthly newsletter?
This is nothing personal against newsletter sellers. They are not necessarily evil, they’re doing a job. Sometimes I think they push way too hard and recycle information, and use long speeches listing only winners and never all their losers, all the while you have to sit through a long speech to get to their point (how much their newsletter costs). I’d just like a little more transparency when it comes to bragging about their net worth and its origins.
Good Luck.
First off, great advice that has application well beyond just this “opportunity.” Fortunately, I have access to the newsletter from another source so I didn’t have to shell out $2,500.00 just to get the name of the company. Beyond that though, they do hype it so well that it’s difficult to know when the facts end and the fiction (if any) starts. From everything I’ve seen I’d like to be in on the game here but not to the tune of $1,200.00. at least with Elegance you could get in for $250 – which I could easily blow on a big night on the town with my wife. Hence the query to see if anyone else would be interested in rolling the dice – and it is a dice roll but has upside from what I’ve read that makes it an interesting speculation.
Read K-1 filing and financials have me concerned. Understanding it is a start up but ‘officers’ of the company have tremendous compensation and severance packages! Anyone else share this concern?
lmk if you are still looking to get in and to go in with somoene one Flora. I would be interested.
They sent me their filing with the SEC as well as my certificates for the stock as well as the warrants. I’m very impressed with this company
I am interested to know how to buy pre-IPO stocks for elegance and Flora Growth. Is there a website/ electronic trading method or they are all done through paper. Kindly send me necessary instruction to buy the stocks.
The pre-IPO shares are available directly through the Floragrowth website. They are not listed as yet on any trading platform as the IPO hasn’t taken place yet. They informed me that they are going to close the offer imminently.
the close it 10/30 or when no shares are left…which ever comes first
IPO in DEC ish time frame
Hi, did you get in on FG at the current price of $0.75? I’ve seen that this was previously selling at $0.50 but don’t know for sure if that was the same company. Thanks
What company sent you the certificates/warrants? Flora Growth or Elegance Brand?
How long did it take to receive the certificates and warrants?
Thank you! So well stated and informative!!
not sure why they want my social security number
Not sure why they are wanting my social security number
Because you are buying stock in their company, and like any other stock transaction, the company needs to know who you are and where to send the IRS forms ever year.
Good luck, I hope this works our for you.
FYI from the Flora investor site: This is an early-stage investment opportunity in a new CBD company…
Does anyone know if the pre-IPO offer on Flora Growth is still available? I saw that it was meant to close 21st Aug, but don’t know if it’s been extended? Thanks
Checking their website I don’t see anything to indicate that the IPO investment window has closed.
I called them -they close it 10/30 or when no shares are left…which ever comes first
IPO in DEC ish time frame
Have to say – you have me intrigued. But I’m a big investor in Corbus Pharmaceuticals. I may stick with that for now – but the gambler in me is excited by Flora!
It looks like Corbus Pharma is having a rough time regarding its securities, their share price closed today at $1.54 but looks like it might increase again in the future according to this article. any thoughts?
https://www.nasdaq.com/articles/why-corbus-pharmaceuticals-is-getting-slammed-today-2020-09-08
Yes….you can still get in on the flora growth pre-IPO. They told me yesterday that the IPO will be either December or January. I love what this company is doing. So many different revenue streams and the fact that they are gong to be a global company as they have already started buying up competitors in other countries. Smart!
Hi Darin – So, Flora Growth told you the IPO will be in December or January? I emailed them, but couldn’t get a straight answer. Thank you!
Just asked again – this time they confirmed they are aiming for December!
I talked to them today and now it’s Jan or Feb 2021 for their IPO. We are really close and I’m loving FG!!
As expected, Teeka had a replay today. I noticed a lot of poor reviews and a few good ones. O did not think it was worth the money to Suscribe. I did invest in the flora growth portal. I figured it was a good opportunity. Especially not having to risk anything except the investment. I chose to fund it by utilization of a check. I will send it in tomorrow by certified mail.
Is any one attended Teeka’s SET FOR LIFE webinar?
That’s what I was wondering. I want to know what the pre-IPO biotech is. I’m kind of marijuana’d out.
I did, but I am not sure if FG is the company he is referring to on his “set for life” webinar. Is anyone certain FG is the company?
I got this message from Flora Gowth:
My name is Damian Lopez, and I’m Flora Growth’s CEO.
On behalf of our team, I want to thank you for your interest in Flora Growth. We’re excited to share more about the company we’ve been building, as well as the unique ground-floor investment opportunity it represents.
Flora Growth is currently in the middle of its Regulation A+ offering, which allows you to join us as a shareholder for only US$0.75 per unit.
This is a unique opportunity for retail investors to invest in a private company, just like Wall Street investors.
At Flora Growth, we are working to become the world’s largest, low-cost producer of organic CBD medical and consumer products. Flora Growth represents a high-growth investment opportunity positioned in the growing global cannabis market.
This is a market that is expected to generate $50 billion annually by 2026.[1]
But I don’t want you to invest in us blindly.
I can appreciate that not everyone has learned how incredible of an investment opportunity good cannabis companies can be. Some people are looking at investing in cannabis for the first time. The key is understanding the fundamentals of both the company and the market.
That’s why our team has put together a complimentary educational series.
This series will walk you through key elements of the global cannabis industry and Flora Growth’s business model. We will help you understand the investment upside, and in the end, you can decide for yourself whether you want to invest.
Specifically, we will send you emails about:
CBD oils and their market potential.
Colombia and why it’s the perfect place to grow cannabis.
The incredible value of vertical integration in the cannabis space.
The value of investing in early-stage companies.
If you are ready to invest, you can do so here.
Each educational email will also include a link so you can invest in Flora’s Regulation A+ offering. I sincerely hope that you will decide to join our team.
And if you have any questions, please do not hesitate to send questions directly to our Vice President of Investor Relations, Evan Veryard. You can reach Evan here: Evan.Veryard@floragrowth.ca.
So FG would be the Pre-IPO company Teeka was referring to on his “set for life” webinar?
If you are referring to his bio-tech stock , I think it may be Emerald Pharma. They have a parent company, Emerald Therapeutics. Googling the Pharma, shows they have the fast track for the 2 diseases Teeka talks about.
Wow Susie, that was it! Good things are gonna happen to you, thanks! As when you go t the investment part of their web site, one of the required questions they want answered is “How did you hear about us?” and one of the answer picks is “Palm Beach Ventures” so thanks so much again!
So does Palm Beach get a kickback?!
I don’t think they can give them a kickback, but it does tell them where each of their investors come from. So where did you get the stock name from?
It just is suspect that there are 3 choices for where we heard about this pre IPO… as for where I got stock name, I was a “stock gumshoe”. I took Teeka’s clues and researched
How long do we have to buy into Emerald?
Like you I sleuthed it out — they left so many clues, like you a little research was all it took. Especially the two “orphan” approvals clues. I’ve been asking Emerald questions and all they will tell me is that of the $50M to be raised, as of early August they had sold $25M. The sale will end when they hit $50M or Dec. 31, 2020, whichever comes first. I hope they won’t use all of this on short-term operations and paying back loans. Teeka, of course, is saying the shares are almost gone and they have a VC that might take it all any day and you’d better get in now. They can’t give Teeka a kick-back, but they could make life easier for him and easier to sell his many letters. (I’ve always wondered if these guys are so damned smart at picking and timing stocks, why don’t they make $100M or $200M and be gone to a sea-side retreat and drink umbrella drinks the rest of their lives? It’s because they make a ton of money selling us newsletters — they don’t continually make big money in the markets. Do you see Warren Buffet giving stock tips? How about any of the big names that get thrown around when a newsletter is being pitched? The big names aren’t selling newsletters — why would they give up very expensive stock pick secrets that takes them a couple of floors of analysts, statisticians, researchers, etc. to help them make a decision on an investment?
Emerald may indeed have something of value but it’s a ways out. I think they are raising money a strange way. They are also borrowing money and apparently paying it back with the investment revenue (that is just my guess and I have no proof — but where else would they come up with loan re-payments like $3M plus interest?). As I said in another blog, normally you start with some of your own money then go to “Friends, Fools and Family” for money, then go to an A round. This is usually where, if you are lucky, Venture Capitalists invest, and usually in a group of a few they buy the whole offering. Emerald is calling this the A+ round, I think because they increased the amount and the share price from $5 to $6. I don’t ever remember seeing anyone mix an A round with “Friends,Fools and Family” (BTW we’re the Fools). It’s a little scary that they are willing to go to the effort to take an investment of as little as $3000 at this stage of the company’s life. I know this because I’ve been through it the hard way with my own companies — been there, done it, have the T-shirt. (sometimes the T-shirt is all that’s left!)
Time will tell. Either way this is a risky investment, and like the signs they should have hanging over the tables in Vegas, don’t play this game if you can’t afford to lose your $3000 minimum investment. (This is an all or none ride — no liquidity, no sell backs, you either lose it all or they actually complete an IPO that enough people are interested in to raise the share price above $6 per share.) But then, what in life isn’t a gamble? You could decide to go to the store and be run over by a semi — whether you think about it or not just about every decision we make comes with a risk-benefit component. You wouldn’t be here if you were seriously risk averse — you would invest in the NASDAQ or the S&P 500 Index Fund and never look back. Of course, even that has risk!
Good Hunting For The Big One!
Jeff
Well put.
Thank, Travis. I appreciate the comment. It is ice to know you look through these discussions now and then, I think that kind of concern about your “customers” (in addition to any news you might find!) sets you apart from the newsletter sellers who don’t give a damn about you — listen to a never-ending talk that repeats over and over with numbers and names that mean nothing, then they pass you to their publishers. The buyers are the last thing in their lives they give a damn about, so thanks for looking in on us now and then.
For everyone else, in my discussion of how new companies find money, I realized I forgot one class of investors called “Angels”. Angels are people who, for the most part, have a bunch of money that they really didn’t earn and they flash it around by going to look at new and up and coming companies and if they invest it is usually somewhere between the “Friends, Family and Fools” period and the A round or in the A round itself if the VCs allow it. I have always found these people to be insufferable a-holes (sorry) who think they know something about every business category and every business venture, including yours, and love to put you down to make themselves look important. At one all day event where four companies were selected to go through a vetting process with VCs and Angels with at least one company being guaranteed a “deal”, in a Q&A in front of a room full of other entrepreneurs, VCs and angels one of these angles (her husband got a big payout for one idea he had) got me so ticked off I interrupted her ignorant attack on me and said that my company was clearly not what she was looking for, told her to look at the other companies, and dismissed her by going on to the next question. They talked about that one for months.
The only other time I lost my patience was soon thereafter pitching the same company when the VCs were having a “roast” where they dressed up like chefs doing a BBQ and “roasted” entrepreneurs. I stood up, introduced myself, pulled up two sold brass four inch balls and after introducing myself and my company slammed the brass balls together a couple of times and said, “and I am an Entrepreneur”. The meaning was not lost on most. Then I advised them this was silliness with snotty-nosed VCs so young the ink on their MBA was still wet and who didn’t know a thing about real business (With my grey hair, I left out the Godfather line about earning my bones when they were “enjoying” cheerleaders), then gave a two minute presentation and left the stage. The young entrepreneurs were shocked, the young VCs were insulted, the experienced VCs came up to me after the event and wanted to talk about me and my company. For new companies it is a brutal path to make it to success. Among several others, I still have that same company, it has adapted and has several DBAs under it making money, too. I just never hit the “show” with any of them.
Just thought some of you might want to hear what it’s like from the other side of the desk when it comes to brand new companies trying to head to an IPO. Getting to an IPO is pretty much like winning the horse race for a new company, while in fact it is really the start of the hardest work yet. This is why it is so important to know the management team and their abilities. Individual’s records of past successes an failures mean less to me than the feeling I get that they are a cohesive team that can get things done and know where they are going and how they will get there. So when looking at a pre-IPOs, research not just the product, the market, competition, barriers to success, head starts (like patents), etc., but study the management team to avoid the event where, in the late 90’s, a company got their IPO and the CEO bought every employee a new Porsche from the proceeds. Youth may be great, but a little grey hair on the management team goes a lot farther (although I would like some of that youth stuff back, especially in my hips and knees.)
Good Luck Finding Finding The Big One
Jeff
Hi all. Seems Emerald Pharma closed Reg A+ offering. Does anyone know if the window of opportunity will re-open? Thanks
They just opened it up again this week and will be open up until March 28, 2021.
https://www.globenewswire.com/news-release/2020/12/03/2139234/0/en/Emerald-Health-Pharmaceuticals-to-Open-a-New-Financing-Round-Under-its-Regulation-A-Offering.html
Did anyone see last nights presentation about his his first $0.50 tech ipo recommendation. Still trying to figure out from the limited clues he provided.