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News out today, I'd assume they are talking about the SKM dispensary here.
https://www.nasdaq.com/press-release/pure-harvest-cannabis-group-acquires-key-location-for-its-initial-colorado-recreational-dispensary-20190513-00580
1181 County Road 308 Dumont, CO 80436-0411
(720) 476-5987
OPEN 7 DAYS A WEEK
10AM - 7PM
EXIT 234 OFF I-70
https://skmwellness.com/
I hope trading and interest will pick up soon. It's often slow after a split...
Pocket Shot Co. changed to Pure Harvest Cannabis Group Inc. and a 2 for one forward split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Name change and f/s on the DL today.
L2 looks really thin, gonna be interesting to see what happens when some decent volume comes in.
Looking good today. Still very much under the radar, even though there are some pretty exciting recent filings out there. Name change coming soon...
I see they got filled, a fair amount of bid whacking, this is a newer issue ticker, but had gotten beaten down quite a bit when it was just the liquor business, so there are a few folks out there who got pretty cheap shares.
Regardless, this should see some some more solid bids, and buying, when the name change and f/s hit the DL...... right now just very much under the radar.
Bidder at 1.59 now.
Hell, just Sundance Gardens alone would be worth more than .60 cents pps IMO, from what I've read, they are considered one of the better quality cultivators in Colorado, right up there with Veritas Farms.
Of course, they have many more things they are working on, in addition to Sundance Gardens. Once the name change and f/s takes effect, and they start finalizing some of these LOI's, this should be good from these prices.
I'm pretty confident this will go well above $1.00 post f/s.
And it much on the Ask. We could see a strong move soon...
$25K dollar bidder today.
I would think so. Just needs some time...
Surprised this isn't getting bought up more, at $1.24 it's really only .62 cents, and these guys seem to have a LOT of irons in the fire for that price. Surely once the name change and f/s hit the DL, it will get a lot more interest.
Best I can tell, this is what is on tap.
- Name/Symbol change to Pure Harvest Cannabis Group
- 2:1 forward split
- uplisting to the OTCQX
- LOI with Sundance Gardens
http://sundancegro.com/index.html
- LOI with Sofa King Medicinal
https://skmwellness.com/
- LOI with Cebadora, Inc
https://www.cebadora.com/
- LOI/JV with Pure Harvest Colombian Partners Ltd
- And I believe they still have the Pocket Shot liquor business as well as a subsidiary, which will be developing a new CBD infused sports drink line
http://www.pocketshot.com/
So if I'm understanding correctly, the ss post f/s will be..??
8,953,008 Pure Harvest Cannabis
+
6,808,657 Pocket Shots
=
15,761,665 X2 f/s
=
31,523,330 o/s
8-K out. Item 5.03 Amendments to Articles of Incorporation or Bylaws, Change in Fiscal Year End.
On March 15, 2019 shareholders owning a majority of the Company's outstanding shares approved the following amendments to the Company's Articles of Incorporation:
o The authorized capital stock of the Company will consist of 250,000,000 shares of common stock, $0.01 par value, and 25,000,000 shares of preferred stock, $0.01 par value. The preferred stock may be issued in one or more series as may be determined by the Company's Board of Directors. The designations, powers, rights, preferences, qualifications, restrictions and limitations of the preferred stock shall be established from time to time by the Company's Board of Directors, and
o The outstanding shares of the Company's common stock be forward split on a two-for-one basis.
In a previous 8-K report filed on February 5, 2019 the Company announced that its shareholders approved an amendment to the Company's Articles of Incorporation changing the name of the Company to Pure Harvest Cannabis Group, Inc.
The name change, trading symbol change and forward stock split will become effective in the public market on a date determined by FINRA.
https://www.otcmarkets.com/filing/html?id=13309788&guid=L6G3UqGn-eEIx3h
This PCKK is a very interesting new name that may get a lot of attention.
Look at the recent filings and press releases.
Changing company name, business model and ticker and doing a 2 x 1 forward split.
All under the radar so far but this management team was involved in CLSH and they really know the space.
Put it on the watch list.
Starting to get interesting here!
looking forward to updates and additional exposure. Just a waiting game a this point.
Good point...American companies operate under different standards, which should benefit the holders of their stock. I would like to see an 8k as soon as possible, followed by news backing up the filing. It would seem like a reasonable conclusion, if the news is exciting, the stock could run 200% or 300% on the news. The advantage we have is the low stock count.
Usually when MMs show up on these esp USA cos News or 8ks are right around the corner. They give off a few shares at each tick then when the stock pps is right where they want it they will run it up 200% 300% or so with higher side vol. So most indicators showing something soon. Only the Asians do RMs and never put stuff out. So glad they are out of CO.lol
Getting better now...
BMAK showed up at 1.10 offer. but only showing 1k. Could just back away soon but i wish these MMs would bid up higher if they are gonna sell some. at least a .65x1.00 difference instead of a lousy .10x1.50
I like your approach...hopefully ownership takes notice and moves forward in a more aggressive manner. Just a few well placed PR's could jump start the initial excitement we had when they went public. Unique product needs exposure.
Yeah FS would give some extra interest in the stock. Would bring in all the old FS players. It would bring a little more liquidity as well. Who knows maybe they can do a 5 for 1 or at least 10 for 1. 10 for 1 would prob make it go 5.00s imo usually they do. sometimes when they are larger FSs the stocks go 10.00 15.00 which would be nuts.
SO if you are listening CEO and BOD do a quick FS and make everyone happy.lol
Sometimes on most new issues they dont need to file PRE or DEF 14s. they just 8k it or just do it out of the blue on Finra DL
Sure would like to see a FS as well, but as you said they hardly do them anymore. Hopefully we see something soon.
Just needs a couple 1.00 bids and then 1.50s prob will be slapped. Looks like MMs are laddering it up. Selling a few k each tick up. 5k at 1.50 and then prob 5k at 2.00 and so on til a few bucks maybe 3 to 5 hopefully. If they do a FS like 10 for 1 this is going 6 to 10 bucks imo. i wish they would do a 10 for 1. cos dont do them as much as they used to back a few years ago
$2.00 would be a great starting point.
First PR and it's going to $2.00 first day I bet.
Just needs a great PR campaign to get this moving again. Hopefully plans are under way as we speak.
Hope it starts getting 1.40s bids. I dont think they are gonna wait that long to get her going. such a cool product i hope they puta hard mailer out on it and run it to 5.00s
Agree 100%...looking forward to updates and additional exposure. Just a waiting game a this point.
PCKK should go i would think 3 or 4 bucks if they push it right. My guess big awareness plans for it. 1.00 range a gimmie. OS so low too. There are tons of 50mil 100mil OS new trader RMs and are over a buck most time. this one 6 mil OS should go a few bucks from here
Looks like some folks bailed today. Some not willing to wait as company hopefully lays out plans for the future. I like the risk versus reward factor for this play, especially due to the low share count...imo.
THanks. Here is their facebook page if anyone hasnt seen it yet
https://www.facebook.com/pocketshots/
These are just the online retailers. I searched TX and they have a few local retailers. Hopefully they got some steak to come out and thats why they went public to push their product and stock.
Some of these retailers have a bunch of locations so this should be sold at more and more stores. If they PR Publix or Walmart or something like that this should rocket imo
https://www.pocketshot.com/online-vendors/
https://1000corks.com/wine/Pocket-Shot
https://www.argonautliquor.com/index they might not have it anymore
These guys havea ton of locations in AZ CA etc
http://www.bevmo.com/pocket-shot-whiskey-50ml--50-ml-.html
https://drizly.com/search?utf8=?&button=&q=pocket+shots
Total Wine is a huge one
http://www.totalwine.com/search/all?text=pocket+shots&tab=fullcatalog
https://www.hitimewine.net/catalogsearch/result/?f=pocket+shot&q=shot
other links
https://www.thegreenhead.com/2007/08/pocket-shots.php
http://www.dudeiwantthat.com/food/booze/pocket-shots-portable-pouches-o-liquor.asp
https://uncrate.com/article/pocket-shots/
https://www.thisiswhyimbroke.com/portable-liquor-shots/
I dont drink anymore but I might just buy a case for heck of it. This will probably be a craze for younger adults like college kids etc. Easy to hide too probably going to amusement parks.lol
They must be pretty established bc there are a ton of websites out there marketing or have pages on Pocket Shot co
Yup think so. Prob bargain entry now. Im sure they will prob take this to at least 3 bucks or more with that tiny OS
CLEVELAND, Ohio—The creator of Pocket Shots is defending his product from critics, including the Ohio Department of Commerce.
"This is a nice little product, it's for today's lifestyle," said Jarrold Bachmann. Bachmann developed the 50-milliliter pouches of alcohol a few years ago and claims to be marketing them towards consumers with active lifestyles. "You can say, well, why would you have it on a hunting trip, a camping trip or a bicycle trip, you don't have to! But if you want it, it's a convenient way to carry it," said Bachmann.
Pocket Shots are available in stores in almost half the United States, but not Ohio. According to the Department of Commerce (DOC), it's illegal for stores to carry the portable shots. It's also against the law for Ohio consumers to order them online, even though they are easy to obtain. A spokesperson for the DOC said liquor sales in the state are regulated and Pocket Shots are not approved for sale because all spirituous liquor are packaged in bottles, not bags or pouches.
"Why do we need alcohol that comes in a convenient carry all over the place pouch," asked Holly Chenail. She doesn't like anything that makes it easier to drink on the go. Nine-years ago, Holly barely survived a drunk-driving related crash with her former husband and two children. They were hit from behind while driving on Interstate 90.
"I was the one that was severely injured," said Holly. "My head went into the dashboard, couldn't walk for a while, had problems walking, what they call a traumatic brain injury -- because of my head going into the dashboard -- I have lots of memory issues."
Both Holly and Julie Leggett, the Executive Director of Mothers Against Drunk Driving in Northeast Ohio, question whether Pocket Shots should even be on the market. "I thought of Capri Sun juice boxes," said Leggett. "I'm thinking, where are they going to distribute this at? Is it something that our 8 year olds and 10 year olds are gonna see and be able to have access too? Being small, I think it could be something that could be hidden very easily."
Bachmann said they're just like small bottles of alcohol, or nips, which are already available in Ohio liquor stores. He doesn't believe his product is any more dangerous and he denies marketing towards minors. "I don't see that, at all," said Bachmann. "It's clearly labeled, you can see it, this is clearly not a gimmick, this is a pouch of alcohol, it says what it is, you can see what it is."
Holly Chenail, a crash survivor, disagrees. "It's marketing toward, 'this is cool'. Drinking all the time is not cool."
The Ohio Division of Liquor Control was previously unaware of Pocket Shots and, according to a statement, will look into the matter further. "The sale and shipment of liquor products that are not approved and sold by the Division is illegal and raises serious concerns about the potential for alcohol getting into the hands of underage persons," said Commerce Director David Goodman.
The Ohio Department of Public Safety's Ohio Investigative Unit (OIU) enforces any violation of alcohol-related laws. The OIU has not received any complaints regarding this issue.
$hellKing...spotted this on your board. looks like a good one.
I think this will be a top notch one. With a 6 mil OS they could take this 5.00 plus easily. A lot of these new ones make runs like that lately. Hopefully it goes over 5 or 7 or something
Nice to see we have a board. Always nice to be on the ground floor of these new stocks.
PCKK~~Website: http://www.pocketshot.com
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