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Figured there was news since we are red today. These guys better produce, this whole wait until shi# is all too familiar in the OTC
SCNA
News Out!! More sales and revenue.
http://www.prnewswire.com/news-releases/smart-cannabis-sells-another-smart-by-design-greenhouse-system-to-northern-california-cannabis-cultivator-300521049.html
$$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
ok thanks. Absolutely need New!!!
Nothing wrong on your end, Zero volume today. It has been trading pretty light and it is Friday.
Nothing wrong with your platform. It isn't trading today. They need some news.
Is there zero volume today or is there something wrong with my investment application?
When is this stock going to start moving?
GLTA SCNA
Does not matter what the number is... 200 Million shares going to be starting to be sold around November 1, 2017. 1% of the outstanding at a time every 90 days. 200 Million is a huge number! Roughly $9,225,000 at a PPS of $0.045 averaging.250 or 200 same difference it's still Millions.
I personally think that there is plenty of numbers on the share structure, why not buy them back instead? 10 Billion A/S... great that the price has held steady, but we could be a lot higher with the valuations that they are giving us with their revenues. It's hard to go past a .12 with 10B backing it.
SCNA
He is probably a disgruntled employee or a shorter. Review his posts for all stocks. He bad mouths almost all his stocks. Looks like a shorter. Ask yourself how many times do you post on a stock you sold all your shares. If I dislike a stock no need to post I sell. Why waste time bad mouthing a stock that I own shares and want it to grow.
Not sure how you correlate the response to moneyjunkey from Don as the same as my post replying to you. We are lucky to have a COO that responded to a board post. Now we know more details.
It appears you still have doubts though. The company is growing revenue and profits quarter over quarter. Management does what they say they are going to do. You said you sold your position yet you went from being positive to negative here on the board.
I would say at this point this stock isn't for you if you still have doubts. My opinion of course. Every investor needs to do what they feel is best with their money and investments. Buy, Accumulate to an existing position, hold or sell. It's every investors choice.
FYI- The quarterly report clearly states 205,000,000 shares. Not 250,000,000.
Have a great weekend!
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
Sounds like you got the same Email from Don, although in the Quarterly Financials says and states clearly 250 Million shares for compensation will be given to the employees on November 1, 2017. $10,000,000 worth of stock at $0.04 pps. Hope they hold it. Hopefully they keep to the SEC rules and employees can only sell 1% of outstanding every 90 days.
SCNA
Thanks to you I am!
SCNA
I'm not an attorney but if you read about affiliate shares ( which is what employees and officers get). They can only sell 1% of the outstanding shares or the average volume over the last 90 days. And, they are typically placed in a blind trust for sale - meaning that we do not time the sale around any non disclosed information - by comparison as a typical shareholder you can buy and sell any time you please .
Have a profitable day
The obvious issue here is share structure set up to suffocate the shareholders and enrich the insiders OTC SCAM 101!!
SCNA
When will the 250,000,000 shares of dilution hit us? Bossman?
SCNA
Amen to that boss man. I own both GRNH and SCNA and there is no comparison. John and Don have done way more in less time than James Haas has over the past 3 years. Everything that this company has said they'd do, has been done. Not always as quickly as they would like, but that's the nature of this business's. I am confidently waiting until the day my shares profits will wipe clean any losses I've taken with greengro.
Sorry I couldn't help but reply to this... your comment about the "wall" of block shares is most likely a market maker that is selling our company short - complain to them Because the company can't do anything about the free market.
Both John Taylor and myself take great offense to your comment that our company is GREENgro 2.0. There's no comparison to our business philosophy in the cannabis and agritech space at all.
If this is how you feel, by all means please sell your position and move it somewhere else.
BigBri. Well said
Either stay on your meds or stay off of them. According to you, one day they are crooks, the next they are the greatest company on earth, the next day they are crooks again.
Did you really think that a name change would drive the pps into the stratosphere?
Yes sell volume and a huge wall with no bids lol
This Is GREENGRO 2.0
SCNA
Dense. Look at the volume.
Ouch moneyjunkey, I thought I was supposed to buy in after the name change? 247M market cap? For what?
I'm good but thanks. If you are worried about it, which it appears you are since you posted it. You should send Don an email asking if there are any details that he can provide about the shares that will be vested in November.
The company has no toxic notes. They could easily pay themselves with profits. They aren't doing this for free. To think any CEO/COO would do charity work and not be compensated is crazy. These shares are to pay key personnel for work they put into the company. A company that is showing they are growing the business, producing revenue and profits quarter over quarter. You don't find many companies on the OTC that don't have toxic notes not to mention positive revenue and profits.
Long and strong here!!
$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$
You may, I am just reading the Quarterly Report.
I disagree. Look at the volume. If insiders were selling they would be dumping into the market with no concern for public shareholders.
If you have some facts to back up your statement I would like to see it.
$$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
Yep dump scheme and insider enrichment 101. Thanks John and Don!!
SCNA
Your question was just fine and very appropriate. I use Ameritrade everything was updated yesterday. Hardest part of the day was this board wasn't showing for me until about three in the afternoon.
I have Etrade and the Symbol was changed yesterday morning.
Yo mr diesel, I was simply asking a question. No complaining here. Is it not ok to ask questions on an open forum anymore?
You need to call your brokerage. Don't complain on here. It seems like a personal issue.
has anyone else's brokerage firm taken a while to update new ticker symbol and info? I use Fidelity and none of the new info is available yet. I can't see share price, cost bias, how many shares I own or what they're worth.
I would suggest sending Don a polite email asking if he can provide any additional info in regards to these shares.
$$$$$$$$$SCNA/SmartCannabis/NextGenFarming$$$$$$$$$
(4) During the first half of 2017, the company completed the stock exchange from ownership and
management change in October 2016. The company cancelled 4,150,000 common shares from previous
ownership and re-issued those restricted shares to company officers and additional shareholders. In addition, the
company cancelled 440,000 shares of preferred stock from previous management and re-issued 440,000 shares of
preferred stock to company officers.
The company has set aside 205,000,000 common shares as compensation for key personnel. The shares will be vested and issued on or about November 1, 2017
Quarterly Report Submitted 8/14/2017
Someone tryin to sell 1.6 million shares lol
News release!!
States more news in route. Business plan info that could drastically change the business for the remainder of 2017.
http://www.prnewswire.com/news-releases/zerez-holdings-corp-gets-finra-approval-for-name-and-symbol-change-300514441.html
$$$$$$$$SCNA/SmartCannabis$$$$$$$$
Glad to have you back Diesel.
Great stuff team. A company that produces with no fluff.
Zerez Holdings, ZRZH, changed to Smart Cannabis Corp., SCNA:
http://otce.finra.org/DLSymbolNameChanges
$ZRZH is changing it's symbol to $SCNA
Do what I can. You're welcome. Let's get the word out. Big news that seemed to be what many were looking for.
$$$$$$$$SmartCannabis$$$$$$$$
Sorry John
ZRZH
FYI- John Taylor is the CEO. Don Smith is the COO.
Hey I agree and appreciate your DD.
Hoping for the best here for everyone.
ZRZH
Hey BigBri, This should finally make DieselJoe Happy!!! LOL
If you did your DD you would have known this prior to Don's post. Also if you read his post you will see that Don and John had a different view on the business plan and chose to remove themselves from that company. I disagree with your comment. This isn't a self enrichment. We have a real company in the agritech sector that is providing high quality products to the cannabis growers, evidence of solid revenues and profit quarter over quarter, not to mention management that follows through with what they say they are going to do and no fluff PRs.
GLTA
$$$$$$$$SmartCannabis$$$$$$$$
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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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