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Re: Menutzack post# 44308

Saturday, 08/30/2014 3:29:12 PM

Saturday, August 30, 2014 3:29:12 PM

Post# of 133793
No comment on posting numbers on Labor Day weekend. Maybe Wayne has no life beyond UNGS lol. Apparently we don't either because we are discussing it today :)

As far as are the numbers being good. If this was 3M, Apple or some other Fortune 500 company I'd be sellin on Tuesday. :)

Now let me tell you what is good about these numbers compared to 95% + of the OTC.

1. We actually report financials for the world to scrutinize. Not as common as you might think among sub penny stocks.

2. We actually have some damn revenues which mean we just have a CEO pursuing a real business. Big revenues? NO, but go pull up financials on other MJ tickers selling for 100-500 times the pps and be shocked they have never made one dime in sales in any business EVER!!! Oh wait, that will be hard because most MJ tickers don't even bother to report Many promise to soon. Don't hold your breath waiting.

3. We have some assets. Our CEO actually invests much of the proceeds from selling shares. Does he make too large of a salary Yeah probably, and I bet his boat is longer than mine too lol.

4. Did I mention we actually bother to report financials. Any company that won't is hiding ridiculous amounts of debt or a massive share selling dilution scheme. Almost without exception.

Financials are always hard to evaluate until you have a business up and running for a year or more. The MJ transition will make analysis little more than a guess in all honesty. A number of NASDAQ stocks have numbers that look like ours.
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