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Re: Going_4_It post# 669

Thursday, 03/23/2017 4:37:05 PM

Thursday, March 23, 2017 4:37:05 PM

Post# of 789
I don't believe they do anything outside of cannabis security. The big thing though is that Medical MJ is not going away and it just keeps getting adopted in more states. Not quite as big as recreational but there is still a lot of money to be made in security. The company has been around since 2009 before there was any recreational. Also it seems like we are 3-4 years away from banking at major banks. It surely is Risk vs Reward...but if this becomes the premium security company for cannabis and we are getting in at .10. That would be awesome as this would hit dollars.

Key points in my mind:

1) Show us you hit last years 2.4 million revenue in financials (Combined 3.8 with Big Al's). Looking at 5 million this year. That alone is pretty nice for a company that is only valued at 10 million dollars right now.

2) Hopefully the contracts for California, Maine, Nevada, and Mass start coming in. These states haven't really started selling and probably won't until 2018...but CSAX should be able to be big enough to handle the biggest cash deposits in Cali.

3) Hoping the BIG NEWS they are going to release is something of significance tied to their Covington group. Their competitor went up 300% (blpg) in November when they announced vaulting. They also just put out news saying that it's grown 300% since October. So it's a good space with tons of money to be made. I posted an intervew today off their twitter where the lady says they are dealing with 27 million dollars in cash EVERYDAY and they use security transportation to move it. This is just one company dealing with cash!

4) Our COO seems very very smart. Listen to the below interview...he knows whats up. The ONLY issue I have is that the promises that were made in November still have not been completed...makes investor a little uneasy. He even stated that he believes the stock crashed to .03 cents based on deliquent filings. So he spending a lot of time on financials to get them up on the OTC.

5) Lastly when they spend some time on the stock...we have seen the results. It went from .03 to .25 on a series of great interview and press. So we know it can be done again. This time I am thinking we should be able to get to .50-1.00 with great news and great financials...both of what they have said they have.

This is a great interview if you haven't heard it he explains a lot about how long it's taken to get to where they are. His Q/A also is great as they explain long term hurdles,etc.

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