Tuesday, December 06, 2016 6:23:37 AM
PPS broke below 50 day MA
50 day MA looks like it will roll over in the next week or two?
Volume down by 50%+ since mid October thru mid November
Accumulation/Distribution peaked Nov 14ish, and slowly trending down
It will be interesting to see if the stock rides above the 50 day MA or below.
Of course the SHYSTER Lied and broke his own promise not to PR deals unless the deals were already generating revenues.
You'd think that leading into elections, the shyster would have already closed some significant constructions deals.
Instead, chances are more likely that MCIG won't sell many if any Sangreen grow rooms, merely managing construction like Solaris won't generate much revenue above the non refundable deposit of $100k. Who knows, they may double that for $200k gross revenues for managing - and of course none of the construction will generated NET PROFITS to boost shareholder pps.
Rumor has it, Blanks sold 1,000,000 tubes; and MCIG gets $0 of that. As you can see, selling tubes at $3/200 count would possibly generate ~$15k in gross revenues.
Wow. I'm so excited.
If only they actually sold Rollie's MJ Cigarettes back in June.
Except THE SHYSTER FAILED TO PURCHASE AN MME PRODUCER CERTIFICATE!!
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