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Strong buying today
Looks like it’s going for .30 break
Jacksam has a good future ahead of it with legalization passing the house.
Wonder what will happen in the near future?
If congress legalized federally, small mom and pop shops can buy these machines and start their own supply chain.
The investment for these machines is actually a pretty sweet deal if you are looking to monetize on your own supply chain
Last run this hit .50+
$JKSM Convectium/Jacksam Presentation with CEO Mark Adams Presentation with CEO Mark Adams
$JKSM The addressable market according to company management is estimated to be (cartridges, filling and capping equipment) approximately $500M growing at 18.4% annually
$JKSM News! Jacksam Corporation Updates The Stock Day Podcast on Their Partnership with Jupiter Research LLC https://finance.yahoo.com/news/jacksam-corporation-updates-stock-day-140000117.html
$JKSM 50k bid at .2175 about to explode
$JKSM, a High Growth Automation Company Serving CBD and Cannabis Businesses
https://www.otcmarkets.com/stock/JKSM/news/SinglePoint-Shares-Insights-and-Highlights-Related-to-Its-Investment-in-Jacksam-Corporation-a-High-Growth-Automation-Com?id=267579
Just a few images for JKSM
.26 breaks and we run
A lot of states now legalizing marijuana after the election
Closed .26 Friday just needs volume
That would be cool.
Time for another run
.25 up time to push this back into the .50s
100+ companies rely on $JKSM @convectium to automate their filling operations - this disruptive solution fills, caps, & packages THC + CBD concentrates 60x faster than manual methods
100+ companies using the process and a 12.6 mill float looks good!
As automation becomes more affordable, and as more and more states legalize Mj this will likely be a growing company.
Will be interesting to see how they are able to expand into the market and supply small shops with means to make their own vape pens from their harvest
The addressable market according to company management is estimated to be (cartridges, filling and capping equipment) approximately $500M growing at 18.4% annually (potentially higher with US legalization).
MJ making a come back,look up $JKSM. They make machines that automate vap pen cart production... NJ ans AZ prove that demand for automation is skyrocketing.
Convectium/Jacksam (JKSM) Presentation with CEO Mark Adams June 25, 2020
Mark Adams outlined three desired outcomes as a result of Convectium Jacksam realigning its business strategy to focus on selling high margin machines, offering pre-rack solutions and expanding its strategic partnerships.
1) Profitability: The Company anticipates being cash flow positive by the 3rd Quarter of this year.
2) Increasing Scalability by focusing on leading multi-state operators
3) Streamline Offerings to align with current strategic partners to increase future cash flow, margins and operating leverage
Volume picking up a little here
They have been chugging along just fine, for investors that came in at over a dollar .. it may take awhile before they get anything worth while
As rec hits more states and as Jackson works on their machines, they will sell more machines
I wonder how much money people have lost on this stock? At $.17 per share. Close to bankruptcy, surprised they haven’t closed their doors yet.
Nice market buys today
What happened to Convectium? It’s going to take a miracle to recover from this.
oh just a hunch somethings coming up
Bears on the sidelines may want to become bulls
Ask any big oil producer or brand if they know about Convectium or the 710Shark and you'll get your answer about the company. Do your research!
How we holding up here jksm!
Wondering if SING is done selling all their shares yet.
Once we get an answer on the vaping laws that come up this year, we will have a better understanding of JKSM place!
It is all First hand knowledge. Its your money, good luck.
If there was anything worth telling, I'd keep it a secret...
But everything you had was conjecture, I don't support your reasons for disliking them.
I responded to you as a private message. Please keep that information confidential.
As soon as you said you live by them, I stopped reading..
I rarely believe the due diligence of people who can't provide proof, I. An send you the packets they sent me, and I'm very sure they are capable of doing the same.
If you want to pretend, go do it in your room in the dark under the covers, alone, as usual.
The last person who tried saying they also lived by them, and saw them, etc... Was also lying through their teeth.
How much money did you spend on your system?
Don't forget I'm familiar with the pricing since I had a conversation with them about it.
I don't believe anything you have to say at this point since you went into nothing but heresay
So you spoke to a sales person who was nice and sent you information about the company? And this was several months ago? Based on their performance, and the cuts the company has made recently, it sounds like you were duped.
I live in Orange County near their offices. I am in the cannibis business and I purchased a Shark and many carts from them. The Shark I purchased had bent needles and other problems getting the machine to work. 80%, again 80% of the carts failed. They didn't fill correctly and most of them leaked. Also, most of the carts that survived a few days lost oil to the cotton used in the carts. Sure, Dom came over and worked diligently to resolve my issues, but the circuit board was broken and they had to order a new one from China, it took 4 months to get a new one and that was broken too. I returned everything I purchased from them, after listening to Danny yell at me and call me names for 30 minutes. Dom was great, Danny was a mess, Mark was ok.
I know most of their employees and have lunch with them frequently. I didn't call Lindsey to ask for sales information; I know her. She's awesome and loves what she does. She may believe there is hope for Convectium.
They fired Danny, the founder and the inspiration/vision of the company. Danny is the Steve Jobs of Convectium. Mark is the John Scully of Convectium. Mark brought in a lot of money, but has no vision; he's a robot. Mike is a nice guy, but has less inspriation/innovation than Mark. To prop up the stock, Mark has had to purchased hundreds of thousands of dollars of stock to keep it from sinking too quickly. He threw that money away. They had to borrow $500k to continue operations for a few more months at 15%.
Mark decided to only sell machines. While the machines may work well, most shops don't need machines that fill and cap 100 carts within one minute. They've burned bridges with all the big shops becuase Convectium couldn't deliver on custom carts. Sorry, but the model was to sell machines to support their custom carts. That model failed because they couldn't control quality control. The challenge they have is the margain from the carts is gone, and they can only sell so many machines.
So, yeah, they'll close their doors within three months.
Actually I called them a few months back, I made a post about it.
I live in Illinois and have a medical cannabis card, I called them because I wanted information on their capping and bottling system if I was to buy a heat press, and to be honest I was curious about it for stock research.
They were awesome, she sent me a pamphlet in email, she offered to send me a DVD package for prospective buyers, etc.
(Honestly made a post about this, so for the actual specifics, please just look at my old posts on this board.)
She gave me their options on ceramic tops vs the plastic.
She also told me their engineers would fly out to address any problems with the machine after it arrives, but she said the process is very easy to do oneself, and is not usually necessary.
So I guess you can say... I did my due diligence...
I also am VERY familiar with Singlepoint, who purchased 10% of JKSM oh about 3-4 years ago, sold off 2% after 1 year, then 3% this year, and I imagine the remaining 5% this year, to cover their losses.
So my question is, who the heck do you think you are?
Ok, you seem to know a lot of inside information or your dumping crap on the board. They don't have much capital to invest in r&d and they never have before. Whatever
JKSM sank a bunch of investment capital into a new mod for filling and capping.
Uncertainty lingers in the vaping field as we wait to see what the commander in chief does with the vaping laws.
Meanwhile Sing is floundering to their investors and they are trying to create revenues wherever they can, including selling their 4% holding of JKSM, and most likely continuing that pattern.
I doubt vaping is gone, and once the market stabilizes we will see JKSM back up, but Sing has to finish selling off first!
I thought I was because they were out of cash and had to borrow $500k at 15%. Maybe even because they are losing $1.9M per quarter. Or maybe even because they laid off half their staff, moved their sales people to commission only, and most of them are looking for new jobs? Yeah it could be a sell of by SING, but if the company was in good shape, why would they sell at $.25 instead of $1 or even $.75. Hmm maybe they know Con will be KOd 1st QTR 2020?
The downward spiral here is likely from SING continuing to sell off their shares of JKSM..
Sorry all, but Greg and Will are sticking you with a heavyyyyy drop..
I'd suggest you move your money to more stable profits, or greater chances of being a runner in the near future!
Response by a spam PR company. What a joke. Con has $400k in the bank and is willing to waste $20k a month for a spam PR firm to post for them? How many big deals has Con announced that ultimately failed? Everyone one of them.
This is nothing more than a desperate attempt to remain viable.
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