MUST READ GET READY FOR THE RECORD MINE RUN
1. Tangible product that's selling in line with production getting exponentially larger in the 3rd production run.
2. Credible management team with a strong track record who are delivering on promises from an investor conference call held 6 months ago.
3. Friendly/Bullish marketplace for soda alternative beverages. Every day I walk into supermarkets I see more and more of this type of product filling shelves. Demand for it continues to grow and were hitting retail at exactly the right time. Retailers are probably looking for this type of product.
4. Quality product with 5 star reviews on Amazon and many happy customers per the board here.
5. IMO we will be hearing from management soon regarding expanded or new distribution deals.
6. Weekly RSI's sit just above all time lows at 40. We have only been lower then 40 twice. The week of April 29th 2013, and the week of Jan 6th 2014. Both of the weeks following those 2 weeks had +50% and +42.8% gains, so this week should be strong as last week we closed with weekly RSI's under 40 for the 1st time since January.
7. Daily RSI's sit just above oversold levels so short term we are near/at oversold levels as well.
8. THC/Herbal collection labels were filed August 20th so we will be hearing about a pot related product right as we enter a seasonally strong time of the year for pot stocks.
9. We have traded through over 2.5 billion shares since the summer lows at or below a penny per share so we have a stronger investor base with lower averages and lesser weak hands looking to get out and cut losses.
10. On the conference call 6 months ago, Ezra stated that it takes roughly 6 months for a new product rollout and test phase. We are right on schedule marked by the Walgreens deal to now proceed into the millions of bottles of production, test phase over. Revenues will begin to ramp.
11. This rollout comes while our PPS hits its lowest levels since the last 3,000% run, a perfect time to build a position and at a low price relative to the last 12 months.
12. Some dilution has occurred in needs of raising cash to expand the business. Over 1 million was raised in the last few weeks. I can't imagine them needing more cash then that for anything immediate so IMO the dilution is over, again a good time to build a position after this cash was already raised.
If I missed anything please feel free to add!
$$MINE
