Elixinol Wellness Ltd (PK) (ELLXF) News

ELLXF: effective Dec. 2,2024 a one for 8 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

This thing crapped out. Haven’t looked in months but whatever plan they had obviously failed.

$ELLXF: Elixinol Annual Investor Presentation is out


Looks like its bottomed out here at 0.035


Could bea good buy for the year ahead



https://www.otcmarkets.com/otcapi/company/dns/news/document/57391/content




GO $ELLXF

Dunno. I took my 40% before markets went to shit

Back to what?

Elixinol to Acquire 100% of CannaCare Health

https://www.globenewswire.com/news-release/2021/03/17/2194733/0/en/Elixinol-to-Acquire-100-of-CannaCare-Health.html

Let's go.

Back to $1.. top 10 CBD cos

Finally showing signs of life?

40% is not too bad.. I think they could be easy acquisition target if some company wants to jump in to the sector for cheap money. They do have impressive variety of SKUs

Strong gainer today, volume picking up..

+40% on ASX

Can’t imagine this doesn’t run with its cannabis brothers

Yea

Soon is here

I’m in Let’s gooooooo

How can you load the boat when it trades less than $5K of stock a day?

Load the boat. Forming an uptrend to .80

Bot sure why any of these hemp companies are public.

Great stock. All time lows and still dropping.

Soon...

I like all of those. I am actually going to miss this rally. Bought Revive.

ETF MJO is moving too.

CWBHF CVSI CURALEAF has been on fire last few days.. wondering if ELLXF will get some push as well.
Their market cap below $20mln (@0.15)
While last annual report shows $20mln cash and $20mln in inventory..
Revenue for 2019 was $27mln

I just talked to a specialist, I thought they where shares he told me their rights some times you can sell those rights or buy those rights at a big discount( I don't want to do that ), he wasn't sure because elixinol didn't specify their intentions.

Lol, I called my broker THE WEEKEND CREW had no idea, they told me to call back on Monday. I'll post what I find out.

No clue....This what I got: ZZD99M633
ELIXINOL GLOBAL LTD NON REN INTERNAL RIGHTS CODE RTS EXP 05/
I think it might mean we didn't get filthy rich...lol

20RTSFRIGHTS EXP 05/21/20NON TRANSFERABLE, does anyone know what this means.

Ouch:


Elixinol Global Abandons Australian Businesses to Focus on CBD and Will Absorb A$17.8 Million in Write-Downs

Its valuation was (and still is!) insane, just like every other company in this sector. Sure, you can say that others (like CWBHF) are worse, but it doesn't really matter. The entire sector is getting pummeled because investors are realizing they got way ahead of themselves. There was way too much optimism reflected in valuations, and as reality continues to creep in you're obviously going to see massive moves to the downside like the one ELLXF experienced. Let's be clear: Elixinol is a disaster fundamentally. Things are getting worse every quarter. There's nothing atypical about a 75% move lower for a stock with financials this bad in a sector that was massively overheated before sentiment turned.

Again, though, I'm staying far away from this. I was dumb enough to believe in this company back when it was actually profitable and had revenue growth, and because of that I only broke even when the inevitable happened. All I can say is be careful.

Dont hold your breath waiting for the corrupt FDA to do its job

What was the justification for the PPS dropping 75% over the last 3 months? A PPS comeback makes sense to me. Hopefully the FDA will enact CBD regulations soon.

$ELLXF Tier_Change: OTCQX International to Pink Current

OTCM Link
https://www.otcmarkets.com/stock/ELLXF/disclosure

By "unique," I mean something that doesn't apply to others in the sector. The former of your links is likely the reason for this rally, but if that is the case, I view the rally with extreme skepticism because the rest of the sector is not responding as euphorically, although there have been moderate gains. For the latter, it's hard to chalk up a 100% gain (on ASX, of course) to dog treats. Are they even new? I know they've been targeting the pet CBD market.

Barring some sort of a unique catalyst

This helps :
https://thecannabisradar.com/bill-for-legalizing-cbd/9130/

And this:
https://www.elixinol.com/all-cbd-hemp-products/cbd-pet-treats

Elixinol has cash on hand and have moved from a science approach to more consumer sale$

Australian listing up 36%... and so the rally keeps cooking. I think it’s very hard to justify this recent price action based off what is publicly known. Barring some sort of a unique catalyst, I think this rally falls apart. Not positioned in this, though, nor have I been for months.

ELLXF

Cash on hand $37.4M as of 11/30/2019. Not bad.
What happened to Japan?
Shares outstanding 125,000,000 as of 06/12/2019 Good.

Last financials June 30, 2019??

Six months ending 6/30/2019
Loss $9,859,000
Revenue $17,455,000

Not bad. Did I miss anything? I guess we are waiting for 2019 2H results?

https://www.newcannabisventures.com/global-cannabis-stocks-close-out-challenging-year-with-1-1-gain-in-december/

Actually thats wrong congress is giving them 180 days

You as well

Will be interesting to see how it plays.

Some unlocks have done better than others.

Good informational post dude....happy new year!

I’ve seen investors worry about unlock in multiple companies in this sector. Not one actually saw any significant insider selling, if any at all.

Yep, just all holders should know what happens......gl

All insider shares unlock at some point.

Anybody still in this be aware;


The broker noted that the escrow period for founding shareholders who control 56% of the company will end on January 8, 2019. This means there may be a fresh wave of selling in 2020 – not a great way to start the new year.


https://au-finance-yahoo-com.cdn.ampproject.org/v/s/au.finance.yahoo.com/amphtml/news/why-elixinol-global-share-price-022239016.html?amp_js_v=0.1&usqp=mq331AQCKAE%3D#origin=https%3A%2F%2Fwww.google.com&prerenderSize=1&visibilityState=prerender&paddingTop=32&p2r=0&horizontalScrolling=0&csi=1&aoh=15779283310567&viewerUrl=https%3A%2F%2Fwww.google.com%2Famp%2Fs%2Fau.finance.yahoo.com%2Famphtml%2Fnews%2Fwhy-elixinol-global-share-price-022239016.html&history=1&storage=1&cid=1&cap=navigateTo%2Ccid%2CfullReplaceHistory%2Cfragment%2CreplaceUrl%2CiframeScroll

Fda will never allow cbd in food and drink. Its over. And this is a scam anyways...

Thank the FDA red tape and an overbought sector..

Wow the bottom fell out.... 1.00$ didnt hold

ELLXF RIP

Gap up coming today eom