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Seems like the truth to me since they haven't done otherwise.
Zrzh
You say that you are just waiting for the pps to increase a little so that you can dump this without taking a loss but judging by your post I would think that you are trying to drive the pps down. Seems counterproductive to me.
So looks like they will do a PR in 2018. WHAT A BUNCH IF LIARS!! Two weeks my ass.
ZRZH
Large chunk of sells then finishes with a 3,000 share buy at its high of the day every day.
ZRZH
look at the hundreds of stocks over the years that were sub a penny year after year and then exploded. Finally at 3 or more dollars you think how did I miss that ??? with all the MJ being sold they need green houses to keep the plants pure. There is no way this company will not be months behind in production just trying to keep up. More companies will come along but they are out in the cutting edge.
I know how frustrating it is when you wind up under water, been there many times. Technically I too am under water at the moment, not by much though. Overall though I am way ahead, even if my current position totally evaporates.
I don't know how long you have been following this company but I have been here since the reverse merger. One thing that I can say with certainty is that the management team has always followed through on what they say they are going to do. At times their plans have taken longer to materialize than first anticipated but ultimately every thing eventually comes to fruition. I know that some people are frustrated by the lack of updates but their policy is to announce their intentions and make a follow up announcement when that have achieved tangible results. As far as the name change, sure they could make weekly announcements as to their progress but then they would be accused of issuing "fluff pr".
Their primary concern is to grow the company, not do what might be popular at the moment. Many people would like to see the share structure altered but their response has always been, when the time is right they will look at addressing the issue. Not the answer that anyone wants to hear, but none the less the simple truth.
There is always great risk in any otc stock but the management team here is by far the most forth right of any otc company I have ever encountered. More forthright than many big board companies.
Sure, this could all blow up and disappear but that's the chance you take with otc. I have been in your position with other stocks and sometimes it best to just take the load and move on. I've recently dine so with a couple of companies when all indicators were pointing down. As of right now I am holding strong here and hoping for the best.
I know how frustrating it is when you wind up under water, been there many times. Technically I too am under water at the moment, not by much though. Overall though I am way ahead, even if my current position totally evaporates.
I don't know how long you have been following this company but I have been here since the reverse merger. One thing that I can say with certainty is that the management team has always followed through on what they say they are going to do. At times their plans have taken longer to materialize than first anticipated but ultimately every thing eventually comes to fruition. I know that some people are frustrated by the lack of updates but their policy is to announce their intentions and make a follow up announcement when that have achieved tangible results. As far as the name change, sure they could make weekly announcements as to their progress but then they would be accused of issuing "fluff pr".
Their primary concern is to grow the company, not do what might be popular at the moment. Many people would like to see the share structure altered but their response has always been, when the time is right they will look at addressing the issue. Not the answer that anyone wants to hear, but none the less the simple truth.
There is always great risk in any otc stock but the management team here is by far the most forth right of any otc company I have ever encountered. More forthright than many big board companies.
Sure, this could all blow up and disappear but that's the chance you take with otc. I have been in your position with other stocks and sometimes it best to just take the load and move on. I've recently dine so with a couple of companies when all indicators were pointing down. As of right now I am holding strong here and hoping for the best.
I can voice my opinion as I own shares in this garbage, they are not living up to their statements plain and simple. I would leave but not while I'm in the red. If this ever does move, bet your sweet tasting ass Im dumping.
ZRZH
Evidence of this "share dumping" please. If you dont like this company or its managrnent why dont you move on and spend your time with investments that you consider worth while?
Yep typical otc hype to dump shares.
These guys really dropped the ball.
ZRZH
"The fact a PR didn't come out saying the name / cuspid change wasn't going to happen means it is still happening."
-very false... otc stocks... doesn't have to report anything.
What is to count down?
Submission of the name and cuspid change was already make public. The time frame given was a hope to occur by time frame. We all know the name and cuspid change where In process. Any investor that read the info from 4/20 would have that. The fact a PR didn't come out saying the name / cuspid change wasn't going to happen means it is still happening.
Even if the date they filed was 4/20 it's also still in the time frame. That's when we were made aware the company was going to apply for the name / cuspid change.
I'm just an investor like any other investor so I'm done posting about this.
The blurb states: insider info is illegal in a long and lengthy statement, but then he turns around and emails you factual information that could persuade and encourage you to buy more shares right before the change of identity.
This isn't my first rodeo.
Not sure how you figure that's insider info. For one... I'm not an insider. Secondly, It isn't insider info. You could get the same response if you sent an email requesting an update on the name / cuspid change.
Insider info is illegal definition:
"Insider information is a non-public fact regarding the plans or condition of a publicly traded company that could provide a financial advantage when used to buy or sell shares of the company's stock. Insider information is typically gained by someone who is working within or close to a listed company."
-Investopedia
Just like the info you posted earlier today... Based on your comment you have received emails from Don or someone at Next Gen and all you get is the same "bs blurb". You didn't post those on the board did you? That's because it isn't required to be made PR'ed publicly.
Again, have a good day.
You could receive the same info if you send Don an email that is polite and not in the form of harassment. The info contained in this email isn't something that is required to be PR'ed publicly.
Have a good day.
Great thanks I'll keep that for my attorneys records. Telling other people info and not the public. Great "Thumbs up emoji"
Email received from Don yesterday.
https://imgur.com/a/4PsVK
It's your investment and you need to do what you feel comfortable with. I understand that. Sorry to hear you sold your position.
Good luck to you DieselJoe. Appreciate the past input you have provided the board here.
Long, locked down and waiting for the big show.
Fluff is one thing and another is to tell people updates to what the company is implementing. There has been no word for months. Try contacting don and you get BS blurb of the can't answer any questions because it's all confidential, I own part of the company.
The question I asked was why isn't the name change in effect yet? It's been way more than 60 days. He quoted me 60 days at the very beginning in email form. This might be something I will bring to my attorney but I don't want to screw the company and its shareholders, it's bs to misrepresent the number of days that it will take to switch over if he doesn't actually know. I could've sold higher but I kept my shares double what they are worth now basing it on the fact that 60 days was their launch of the new name... now who do I believe?
I couldn't agree with you more BigBri. I'm holding all my shares!
Name change with a big PR will come.
These types of things take time and they are at the mercy of firna and the sec as to what additional info they must provide.
People in the OTC markets complain about fluff PRs from CEOs. Here we have a solid company with an awesome business plan that applied for a name and ticker cuspid change. Don doesn't release fluff.
The reason we haven't seen any sales updates is because Don is going to release a huge update when the name and ticker cuspid change is released. All my opinion but this gos along with how they run the business and provide info.
Buy, lock those shares down and forget them for now.
Buy, sell, flip or invest any way you want. It's your money. I for one have Mine locked down and have the patience to see the next catalyst.
GLTA
$$$$$$$$$ZRZH/NextGen/SmartCannabis$$$$$$$$
I received the same response to my e-mail !!!
I inquired as to the delay this morning and received a prompt response from Don Smith. He said that due to the fact that this a company which they assumed control of they encountered some delays in verification of records and documents.As well as the back and forth with FINRA. He stated that they turned over the final three documents to their FINRA case manager and are expecting approval shortly. Once they have approval they will immediately release the news and have a company relaunch.
Yeah they are really letting this thing die. Action is louder than words, just another otc scam. ZRZH
I sold everything 1 week ago. I was up at the current by a couple grand. But then stalling, no PR, no new green house according to website, and no ticker change... what must I believe?
ZRZH
Yep was two weeks now nothing for ticker change. Typical OTC garbage and typical fools saying " I have complete faith in Jon and whoever" meanwhile they are sucking you dry. If these companies want investors ACT LIKE A REAL COMPANY!!
ZRZH
It's been +60 days since they said they would change the symbol. Nothing has happened. According to sec regulations 60 days is the maximum unless something is wrong with the filing or company. They filed, Don has told many people next week a couple of weeks prior and still nothing. Sad thought this was a different otc... promises broken
ZRZH
There are a lot of companies in the OTC with an O/S around the same as here or even higher that are trading much higher with no positive revenues. The company was made public Nov 2nd, 2016. Q1 has profit on the bottom line. Q2 should be an eye opener for many sitting on the side lines. Only time will tell.
Don stated one of their goals is to be in the top 5 trading in the MJ sector. If you look at the current top 10 it will give you an idea what they fully expect to accomplish as far as PPS gos for the companies stock.
I think the O/S will be addressed at some point. My opinion of course.
I don't know what Don and John have in mind but I again say, I have full faith in them and the company. I have been in since Nov 2nd. Haven't sold any shares. I don't day trade or flip. Everyone invests and trades their own way.
The only major issue is the O/S. Very high. I own 350000 shares so I'm definitely invested.
My very best stock is AMFE because of the outstanding leadership of the CEO. It's consolidated at the current level for the last 3-4 weeks. They are profitable and revenue growth is solid. Lots of DD on the board. I believe it will be above .20 by end of August.
I don't disagree with you. If you go to the NextGen website you can see they are selling greenhouses. The total number of units has changed as they sell another. You can also see the sizes sold and the location they are being installed.
I have complete faith in Don and John. That is me. Everyone else needs to feel comfortable in their investments.
They have been silent since Q1 fins were released. I honestly think this is by design. I think they are going to have one hell of a PR when the name and ticker change are announced. This company in my opinion is not the typical OTC stock play.
All stated above is my opinion. Please do the DD and you will find the dots that lead to lines why this company is going to be extremely profitable.
I would much rather have a CEO and Vice President that only release real info and not fluff to get investors interested in the stock. They have done all they said they would do so far. That should count for some creditability.
GLTA
More and more companies are using tweets to keep followers and shareholders abreast of developments and updated. They should do this as well. It's better than going completely silent and off the grid. When this happens people tend to think the worst due to bad penny stock experiences. Just my opinion.
No problem martgel.
It isn't often you find a CEO and company here in the OTC that only release truthful information. People are used to seeing fluff PRs to get a run north on the stock. We have a company with real sales and real revenue in a market that is highly sought after. Being in Cali is huge as the greenhouses that the company is selling are the way most MJ growers as well as greens and veggies will be grown.
There is a ton of info out there on the industry and if those who question what Don and John are doing here and why, you will have no problem finding the answers.
Don and John didn't just wake up on Nov. 1st 2016 and say to one another, let's start a company and sell greenhouses. They spent years making contacts and allies in the MJ sector alone.
GLTA.
Never take what someone says on a board here as anything more than an opinion. I simply state the info is available if you want to look for it.
Long and locked down!!
$$$$$$$$ZRZH/NextGen/SmartCannabis$$$$$$$$
If you don't like the stock then don't invest. Every bit of news released has been factual. Don doesn't release fluff. The ticker and name change are coming. Could come out any day now and when it does I think it will have a sales update and an updated company outlook.
Hold tight or move on. It's all about choices. I have patience and my shares are locked down.
GLTY.
$$$$$$$$ZRZH/NextGen/SmartCannabis$$$$$$$$
Yep typical OTC scam. Ran volume with fake PRs to dilute, then nothing. Thought this was promising. ZRZH
No PR since 4/20 No volume to talk about Getting frustrated waiting for the Name change & a PR
Actually the management here states clearly what their intentions are and so far have always followed through. They do not issue any "forward looking", fluff pr . Once they have achieved results they release the news. They have filed for the name change but have no control over FINRA.
People like to complain about how otc companies are always releasing bs, fluff pr but now it seems that some will complain when they do not.
No problem martgel.
Thanks for the information
PATIENCE PATIENCE PATIENCE
The date of the filing was on or around May 3rd. We are still in the 30-45 day time frame. Patience folks. Don and John have done everything they have said they would do this far.
$$$$$$$$ZRZH/NextGen/SmartCannabis$$$$$$$$$
Yep no news liars like every other company in the OTC. Promise the world but is just a scam to dump shares. ZRZH
Yes! New Name coming
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"How does a self-funded company go from a start-up to a profitable, self-sustaining business in 3 months?
The answer dates back to post-World War II Japan. Faced with limited cash, space and natural resources, Japanese manufacturers adopted a different approach. They made smaller factories and house only the raw materials needed for the day's production. Combined with a focus on eliminating waste, a strategy later known as Just-in-Time manufacturing was born.
In the late 1940's, Toyota adopted this strategy into it's Toyota Production System. Using the efficiency of just-in-time manufacturing and focusing on removing wasteful elements in manufacturing, Toyota grew from a small auto company to the world's largest automaker. In the process, they paved the way for what is now called Lean Manufacturing.
Nobody knows more about first-hand implementation of Lean Manufacturing than SmartCannabis President, John Taylor. Interested in how manufacturing companies were improving their operations, Taylor travelled to Europe several times and studied the operations at one of the world's largest machine tool providers, the Trumpf Group.
The Trumpf Group created very high quality tools, but with over 10,000 employee and no systemized production system, they faced delays and excess inventories. Trumpf began implementing the principles of lean manufacturing and it was dubbed the Synchro production system. Taylor watched as department after department, plant after plant was transformed into a clockwork of precision.
In 2007, John applied his first-hand knowledge to help local manufacturer Taylor Wings survive the sharp economic downturn. Lean-manufacturing principles allowed Taylor Wings to operate like an orchestra, in perfect synchronization.
Fast forward nearly 10-years and trend toward greenhouse cultivation was an industry trend he couldn't ignore. He knew he draw on his experience, build a better greenhouse and a better greenhouse company. With use of his synchro knowledge he quickly developed Just in Time Systems geared specifically for commercial Cannabis production with acknowledged global Lean Standards. Not long after, Next Generation Farming was born."
Source: https://smartcannabis.com/next-generation-farming/Volume | |
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