Well, people need to understand. There is no industry on a national level. For a BRIEF moment in time, the "hype" of a nationally legal substance caught the nation by storm for 6 months during 2014 and none of the company owners trading publicly "fell for it". I did, I admit it and lost $20,000. In retrospect, I was a fool. The company owners weren't idiots, they weren't "gambling a prison sentence" that the state level of legalization that Colorado would evolve into ALL 50 states joining the "proverbial band-wagon" in 1 year.
They ALL PLANNED these massive sell-offs of shares from the very beginning of 2014. Sure, they would have re-invested the monies BACK into their respective companies and "walked a straight line" had the industry blown wide-open at the federal level. However, by the end of the year it was obvious. The sun and moon just weren't "alligning" and the lid closed on all of the cookie jars in 2014.
Look, many companies were poised for Federal legalization. PMBS, Growlife, AEGY, ALL OF THEM were "up and ready". I mean, they would have NO REASON to rob the shareholders and go out of business in the span of 6 months had marijuana been legaalized at the Federal level. They would have made TENS OF MILLIONS OF DOLLARS over the next few years, even HUNDREDS OF MILLIONS of dollars had the industry "erupted" with Federal legalization.
This is why I look at these boards and laugh my ass off at people fighting and bickering for no reason. I wish everyone would understand, these business have not filed for bankruptcy, they are not active, and they are hangin' around for a few more years to do it all over again.
AI
