Profile Solutions Inc. (PSIQ)

[Moonboy1]

Actually this has outperformed the rest of the MJ sector over the past month or so I believe. The bid has grown from low 20s to 24ish. A 20% gain roughly. I bought 22s and could make over 10% right now. Rest of MJ sector been tanking.

[Imfranko]

Will see liftoff here soon they are starting to get too big to ignore

[MOMO]

$PSIQ news: PSIQ to Acquire 80% of Ecoland Including Multiple Cannabis Licenses, Operations and Real Estate for Approximately $18,300,000 GlobeNewswire   "Press Releases"
SUNRISE, Fla. , May 08, 2019 (GLOBE NEWSWIRE) -- Profile Solutions, Inc. (OTC Pink: PSIQ) is pleased to announce the proposed acquisition of 80% of the Capital Stock and Assets of Ecoland K.K.L. LTD , an Israel LTD. and Ecoland Group USA SF, INC., a CA Corp.s Cannabis licenses, operations and real estate in Northern California (Ecoland) for approximately $18,300,000 worth of PSIQ shares of common stock (approximately 82 mil shares based upon the closing price of .222784 per share on May 7th 2019).

Included in the proposed acquisition are all or part of (1) Indoor Cultivation License (2) Outdoor Cultivation Licenses (3) Manufacturing License (4) Distribution License (5) Retail Delivery License and (6) Retail Cannabis License as well as real estate, leases and IP rights. The preceding licenses have either been secured by Ecoland or in the process of being secured. Ecoland shall provide proof of $6,000,000 cash invested in its operations prior to closing of the proposed acquisition. Ecolands website can be viewed at www.ecoland-group.com.
PSIQ is to invest $5,000,000 as follows; $2,500,000 at closing and $2,500,000 within 6 months of closing. The proposed agreement is nonbinding, subject to due-diligence, financing and execution of definitive and related agreements with an intended closing on or before 30 days unless mutually extended in writing by the parties.
CALIFORNIA CANNABIS MARKET
In 2017, Californias regulatory regime allowed only holding state-issued medical cannabis cards to legally purchase cannabis. But that hasnt stopped sales in the state from eclipsing the other states with recreational sales. In fact, sales in California represented about 34 percent of legal sales in the United States . In 2018, California retail stores sold $2.5 billion worth of cannabis products, compared to $1.5 billion in Colorados robust cannabis marketplace, $1.0 billion in Washington , and $0.6 billion in Oregon .
CALIFORNIA CANNABIS MARKET PROJECTIONS
By 2022, cannabis market in California is projected to jump to $7.7 billion boosted significantly by Californias recreational cannabis market that opened for business in 2018. The California cannabis industrys total economic impact could be nearly $15 billion in the next four years. According to the UCAIC, about 29 percent of cannabis consumers may, at first, stay in the illicit market to avoid the costs of new regulations, which willadd 15 percent to retail values. After the state adopts regulations,legal recreational use will make up 61.5 percent of the overall market,illegally purchased marijuana will make up about 29.5 percentof the market andlegal medical marijuana use will be about 9 percentof the overall market, the analysis estimated. Sales from recreational use are projected to account for over half of total Concentrate sales in California and continue to increase in proportion to overall category sales.Medical cannabis sales are expected to decline down to $600 millionas people migrate toward the adult-use market to avoid medical cannabis ID fees.
We are very excited to partner with Dan Oran and PSIQ. We have made great strides in developing and establishing our Brand in Norther California. With the cash infusion and management assistance to be provided by PSIQ, we anticipate generating revenues of $10,000,000 for year ending 2020, stated Amir Weil , CEO of Ecoland.
Dan Oran , CEO of PSIQ, stated, The proposed acquisition of Ecoland gives PSIQ its footprint into the largest Cannabis market in the United States . Combining the experience of the Ecoland management team, strategic locations and the expertise of sister company CannBerry Tek, providing unique man-made seeds known as Cannabis Genetic Seeds for growing, we believe Ecoland will have a tremendous competitive advantage therefore generating significant revenues and profitability for PSIQ and its shareholders.
ABOUT PROFILE SOLUTIONS, INC. (PSIQ)
Profile Solutions, Inc. , has two operating subsidiaries:
Elite Products International, Inc. is a leading distributor and manufacturer in the cannabinoid (CBD) industry. The Companys products contain cutting-edge CBD industrial hemp extracts in the form of edibles, topicals and cosmetics (www.elitehempproducts.com).
CannBerry Tek, Inc. is a Hi-tech innovative Biotechnology Company which manages various Research & Development (R&D) activities with the major focus on the Medical Cannabis industry (www.cannberrytek.com).
Financial information can be found athttps://www.otcmarkets.com/stock/PSIQ/profile. The company website can be found at www.profilesolutionsinc.com; www.elitehempproducts.comFacebook atwww.facebook.com/eliteproductsintl/, Instagram www.instagram.com/elite_hemp/, Linkedin atwww.linkedin.com/in/elite-hemp-products-3a863914a/, Twitter at https://twitter.com/incprofile and Blog:https://www.elitehempproducts.com/blog.

[Laster]

Interesting news today. But, that website does not work.
I wouldn’t invest until I have some more info.

[perfectpicksfor -you]

Some nice buys First thing at $ .35

[Kenny na]

Hi Turkey
Can you please tell as what is the guy lenny ( and what his part in the company)informed you ?
I have 15000 shares in Psiq .
Thank you

[Turkey Red]

Wow!!! So refreshing! PSIQ just called me.
Their representative, Lenny, informed me of many points going on behind the scenes and things look great.
I am buying up these cheapie asap!

[Turkey Red]

I tried to email this company using their website and the message would not go through.
I tried calling and got a generic message that did not mention the company's name.
I was inquiring about any news beyond the filings.
It has been a desert of news for too long for PSIQ.

[Moonboy1]

Get em while the're cheap. Wont last much longer in my opinion.

[Moonboy1]

Why are people dumping their shares today for practically nothing? I had to pick up some low 20s. This is rediculous in my opinion. Been waiting on this to drop to buy back in. Who sold 11s? That seems nuts to me unless I'm missing something.

[Imfranko]

Yes they do and confirmation that there are only 28 million shares in float all other shares and restricted. Boom is coming keep filling my bids please weak impatient hands

[Rghj2]

Financials are out for 2018, they look pretty good.

https://www.otcmarkets.com/stock/PSIQ/disclosure

[Kenny na]

Somebody here know when the form S-1 is going to be full complete?

[Turkey Red]

https://finance.yahoo.com/news/psiq-grants-distribution-rights-paraguay-123000976.html

I found this link. The moderators will want to post it, please.

[Turkey Red]

So is this news from a company that uses PSIQ ingredients or something? What is the relationship?

[NotTheFace1337]

Woot Woot! Some news and a little movement!

[NotTheFace1337]

Very true. I’ll hold the bag with you lol

[Turkey Red]

You know I realize PSIQ is not breaking records in volume or price right now, BUT one happening is not occurring which is fantastic. PSIQ is NOT releasing BS news that leads to pump and dumps. The CEO is in it to win it because he knows the long run of this company will put him over the moon rich. He is not scamming anyone and that makes this puppy one of the rare and great ones. This stock will catch fire. I have no doubt they will have higher earnings this year just for starters. Maybe this could all just go all to hell and I am full of it, as usual, wait, not as usual, probably.

[NotTheFace1337]

Ah ty!

[Leeroyjenkins]

Video here!

https://www.facebook.com/EliteProductsINTL/videos/952224401610627/

[Leeroyjenkins]

Elite Hemp Products Brand (CEO is the owner)

[NotTheFace1337]

Where is their logo? Must be missing it lol

[Leeroyjenkins]

$PSIQ in Vegas last week! Start sharing!

[Leeroyjenkins]

http://www.globenewswire.com/news-release/2019/03/06/1748854/0/en/PSIQ-Files-Amendment-1-to-Form-S-1-as-the-Next-Step-to-Becoming-an-SEC-Reporting-Issuer-and-Uplisting-to-OTCQB.html

$psiq

[Turkey Red]

https://medium.com/@islandautoparts/a-ranking-of-the-biggest-cannabis-stocks-by-revenue-with-3-new-stocks-to-be-added-to-the-rankings-86d3c95aa1ff

PSIQ information -
Please add the above link to the news page.

[Turkey Red]

Can get this on this article on the board moderators, please?

[Turkey Red]

Thank you!

[Stock Snek]

PPS between 2.00-4.50??? LET'S GOOOOOO!!!

[JackAskSlap]

I'm not in, but want to share this article.

https://medium.com/@islandautoparts/a-ranking-of-the-biggest-cannabis-stocks-by-revenue-with-3-new-stocks-to-be-added-to-the-rankings-86d3c95aa1ff


Maybe an end to the silence is near..

GL Everyone

[Turkey Red]

Silence has rarely meant anything positive from these companies.

[Moonboy1]

We still haven't heard a word from the company about how the last expo went. That would be a good start.

[Stock Snek]

Yo! This company is gonna be at the Champs Expo in Las Vegas, a huge event and this board is quiet AF! Are ya'll too baked right now???

[Moonboy1]

This still gets rejected at .40
I wonder how long that will last?

[Moonboy1]

I would assume not well since no PR follow up.

[Imfranko]

It has moved up quite a bit in recent months and has been accumulated in a healthy manner volume has been picking up last few weeks it's only a matter of time before this is in dollar land and I wouldn't be surprised if a squeeze sends it way higher given the float

[Stock Snek]

For as much as this stock is in the news, this board sure is dead af. What is keeping this stock from going up?

[perfectpicksfor -you]

I wonder if or how the Big Cbd Show went for PSIQ In Vegas Anyone know ?

[Turkey Red]

I just heard a story on NPR that said that CBDs will be in all stores within a year.

[Moonboy1]

Just cant get over that .40 mark for very long. If it would break it I bet it runs. Maybe soon. Just my opinion.

[Bradyd]

Bouncing off moving averages nicely. Next stop $$ land

[Turkey Red]

More volume here. A little more at least

[5bjjamie5]

B/A .22-.6499 on E*TRADE lol

[5bjjamie5]

Wonder why - was there news I missed?

[5bjjamie5]

Very nice close :)

[Turkey Red]

Someone popped it up .10 with a 100 share trade.

[War Shark]

Selling here is crazy with all the DD this company has.

[BinDaddy]

This is going to blow!! Ppl are insane to not load at these levels! Load me up!!

[War Shark]

New tweet out!

Good Morning $PSIQ Shareholders! Currently at the Hemp/CBD Trade show. We have a busy schedule. Check out who our scheduled meetings are with? Some of the largest Mass Market Retailers in the USA! Stay Tuned, exciting developments are coming! pic.twitter.com/FX8MBs5ZX5

— Profile Solutions Inc. (@IncProfile) January 30, 2019

[War Shark]

I just picked up a F--- ton of this on the cheap!

[perfectpicksfor -you]

Nice close today and more buying I like it !!