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down to one cent then back up...
youre damn right it will.
Long time no see yall. Lol. I agree with you guys. From the interview with Jolly, MF sounds a bit frustrated but still confident going forward. I really like that he's looking towards getting deeper in Canada, which is the smart move in this industry. He's aware of the success of Canopy and Aurora, he's aware of the gigantic obstacles in American Marijuana industry and has been for a long time now. I'd say recently the outlook for MJ in this country has trended down sharply, but his experience in this sector is without a doubt the strongest asset of the Company. Also, I was hatin' when he bought that bud and breakfast in Canada because it seemed like he was trying to dip into too many different things, but really he made the smart diversification.
Still holding about 200k shares. Trading the volatility at these levels as well. Hope we can hold at 2 cents.
where'd you get that quote?? oh i see! Got a little too excited lol.
Good news! Go AGTK!
it's been a long time since this company really ran far on SP, revenues are not where they should be for fundamental growth YET. all the 10 cent predictions are just weary investors.
probably wholesale to dispensaries.
thanks, important info.
well thats bad news
Sixteen million shares traded and no change. Can someone tell me what's up?
vndm is not mf
Can anyone tell me anything about the legitimacy of Medik8 Mobile? Someone who is somewhat involved with the industry?
Hella volume can't be held down forever
Legitimate Fundamental analysis question for you all
I looked at the parts of the report that Rookie was talking about that outline the notes the company recently took out that create dilution. Most of the shares that have been issued in these offerings are offered at a significantly lower stock price than where we are currently at (.005-.007 cents a share x7,000,000 etc)
Does this discounted price represent a "premium" for the loaning party? Or is there another reason why the offering was made at this price as opposed to some other price?
Probably the most well position penny stock there is considering the hype media should start pushing come the January 1st legalization date.
Some people think the one cent stock price is concerning but for an infant industry that 1 cent SP looks like the golden multiple especially considering how great the technicals have been the past 4 months. Great floor, meaning very little downside. The RARE low risk high reward. Might as well roll the dice.
i agree, ugly again. But this company owns land and rents to growers. Growers are not yet authorized to grow marijuana on this land because the state has yet to begin approving these licenses. Makes sense to me. Should turn around 1st half 2018
44k? sounds pretty uninteresting to me
Huge volume very little change
*bouncing off sub penny world
revenues out in 2 weeks :)
Looks like woahstork is up and running
Bought another 65k today. My position is complete.
Mf made a killing on the green rush last year and financing for Colorado is tight. I'm hoping they're waiting for real news to share instead of putting out filler news.
If there was ever a quarter to expect revs it would be q3 which we just finished. It'll be out in 30 days
The next week will be the second time we've tested the .0120 resistance. Last time we got close to .0120 we shot up thirty percent.
Buying more any and all shares under .0120
Last year the spike came ahead of Nov 8 elections where MJ was on the ballot. This year,the spike should come, if there is going to be a run-up at all, before January 1st.
Also i was thinking, Hemp as a commodity/material for various items and clothing is gonna go WAY up in supply now that so many legal weed shops will be opening.
Does anyone know of any companies with good fundamentals that would be a good hemp play? I'd like to see a good business model, few and far between in penny land i know.
Thanks, Pcunited
as far as I know this happened last year and the shares have already been seized. I do not think Braun's float is holding the stock price down.
Just FYI, I read somewhere or heard somewhere that the suit against Braune was dropped in exchange for his forfeit of all of his AGTK stock. No lit revenue incoming.
I'm looking for pure/mostly Cali plays that are still in the pennies? Do you have any intel?
Do you have any winners in mind that have a similar profile to AGTK? Prefer something with low debt and promising assets in CA with a good price (<20 cents)
:) ty
Do you have any winners in mind that have a similar profile to AGTK? Prefer something with low debt and promising assets in CA with a good price (<20 cents)
:) ty
lol what the fuggg. UP 27 on friday
And without any news at all. Consider me baffled but targeted buying, large firms creating positions are the only explanations for this kind of rise.
Great news for Longs of course ;)
Go $AGTK
REpost of Revenue Calculations
Land is held in Colorado for the purpose of construction of greenhouses as a service as well as collecting monthly rent. If there is 115 acres as we've been told ready for cultivation by this month then that means the tenants should have moved in over the last couple months. If they did that they would have had to deposit a first months rent at least as well as payment for construction of the greenhouse.
As per Agritek's website the company wants to charge 45$ a sq foot to build greenhouses one time and 15$ a sq foot in rent monthly.
Let's do some math.
115 acres. 1 acre is about 45000 sq feet. 115 acres is 5,175,000 square feet. Per the website only 25% of the campus may be covered with greenhouses so for the sake of the production building rental model we will find 25% of 5,175,000 to be 1.3 million sq feet. So to build 1.3 million sq feet x 45/sq feet of greenhouse at FULL OCCUPANCY would bring in $58 million in revenue. Now that's a one time revenue source. Things get more interesting when you look at rent.
Land rental.
These same buildings when projected for monthly revenue are what's significant for this company. 1.3 million sq feet at FULL capacity paying 15$ every month is $19.5 million monthly for $234,000,000 in yearly revenue.
Between production building and land rental the most efficient business model yields about $290 million over the next year in revenue.
Obviously the company has a real opportunity wielding this land asset which is why I own this stock. If anyone can point out anything about my post that needs fine tuning I would appreciate it.
By the way the share price adjusted for $290 million in sales would be $0.64.
Sessions is out? When did this happen
Michael blew the other CEO's out of the water. It even seemed like Agritek's slot was extended. I don't think that could have gone any better.
Interview now Airing! Follow this link: http://video.foxbusiness.com/v/1251429410001/?#sp=watch-live
$agtk
2 PM EST, 11 AM PACIFIC
Settle down everyone.
Youre all running a mile a minute based on whats happened in three days. Dont get too high or too low following what happens in 6 and a half hours of trading.
None of us are fortune tellers which means we can't see where the stock price is going to be in three days let alone three months. It'll go where it goes.
That being said, I encourage LOGICAL SPECULATION. But some of your over-enthusiastic hot takes on what the price could be will be your ruin. That last years run took THREE months from a tenth of penny to 7.5 cents.
Traders trade, they take their profits at the end of the week, they move on. That's what happened Friday, and we are fortunate it fell only 12%. Thats an encouraging sign. But if youre long and are trying to make real money to make a big change in your life, you have to look past what happens in one day.
If you are serious about making real money I expect to see you all here, discussing the goings on of the company 6 months from now.
Also: I'm been made a moderator which is truly the smallest amount of power a man can have in the internet age but if I see anyone bickering about positions or getting off base, their posts will be deleted.
Hahah I might be biased because Ima believer. The long life is the only life I know.