VoyagerAlchemist28
2 months ago
They got me , my mom and brother, my lady and 9 other people I know, for a total of 26,000$. The family is old hippies and trusted high times. It gets talked about at least 2x a month. People are talking vigilante, it has harmed them. Idk what else to do, I said go for it.
VoyagerAlchemist28
2 months ago
We canβt wait any longer. We need a group to take on the scam or they will win. 50 million dollars they got! The SEC fined them 558,000$ and just kept it. This is wrong and the law doesnβt care. Iβve talked to the BBB, the SEC, The Governor, the lawyers, everyone. They are selling it all as we speak. https://www.greenmarketreport.com/high-times-assets-to-be-sold-to-the-highest-bidders/
Waves70
8 months ago
Update, and still trying to see if funds put into High Times will amount to anything for us. It sounds like it is still possible; but I don't understand the details enough to know. Reading LSDI's (Lucy Scientific) SEC filings, it says they entered into an agreement with High Times 9/7/23 with Closing to be mid September '23 or the Outside Closing Date 9/30/23. It also says both parties can extend the Closing. There haven't been updated filings to show the Closing, or any more recent Reports that address the Acquisition. In Lucy's reports, it indicated in 2023 that they announced an Acquisition in March 2023 and later added a note about Closing that Acquisition in June 2023, about 3 months later. The HT Announcement was about 4 months ago, so it appears we are waiting on news of the Closing. We may have to wait for another Quarterly Report by Lucy to get any update. A subsequent Acquisition by Lucy of BlueSky Wellness announced shortly after the HT Announcement also has not had an update about any Closing. So we will have to wait for future filings to see if the HT deal does close. If it does, then we can wait and see if it amounts to anything for us HT (supposed?) shareholders.
Waves70
10 months ago
Here is a great article, asking great questions and explaining things in simple terms. One, the deal may not even happen. Two, High Times is in Receivership already, and the deal would need to be approved. No news on that front. Three, according to the article, regular shareholders' (us) shares have already been devalued down to $0.05 per share. OK back to being screwed. Even if the Lucy deal does happen, sounds like we will get pennies on the dollar moving forward. Read the short article here: https://cedclinic.com/lucy-scientific-mum-on-high-times-deal/
Waves70
10 months ago
I'm not so sure yet Scout. EQ only had 1 of 3 purchases of stock I made. They said it was up to High Times to fix it. HT did eventually email me back saying they showed all 3 purchases of stock. So I am sure there is a record, and you should document your purchase for your own records. I have HT emails with mine. This was probably a year ago, not recently. Also, I've gone back and read press releases and what Ed58 posted seems to have been said more than once, also that it would "create liquidity for HT shareholders." I don't have reason yet to think our shares are gone. If the company HTHC High Times Holding Company still exists, then we still own shares. And if we own shares and HTHC receives cash and assets, etc. we should receive something, from what I can see. However, I don't know the deep details of the transaction. LSDI bought assets and is giving HT (HTHC? they have tons of entities) cash and stock. I wouldn't say we are out of luck yet.