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Company is in the perfect industry - TRASH. What a complete scam. 500M shares issued and not a sign of revenue for yers. Looks like they brought in another clown into the mix. Probably another boyfriend of the crook in charge.
Most of these garbage cannabis companies should be under investigation. Most of them are run by non qualified stoners.
This crap of a company will never bounce, just die off and go to zeros. Has no reason to bounce and will just continue its slide into the micro-penny hall of shame.
Can you say you are surprised? Why would anyone invest a penny (although a penny gets you 3-4 shares of this crap) in this company that is run by a bunch of buffoons?
Could not agree more. This company could be the worst run company in the space if you evaluate their ack of execution.
A push? LOL!!! They must be ready to do another promotion to move more stock for frauds like Doug Leighton, Barry Honig or whomever was just issued the tens of milllions of stock over the last few months. There is no reason to but this crap.
About time these overpriced pot stocks came back to reality. Very few make money.
This ponzi scheme has no business model with the exception of DILUTION. Please share where these stoners have EVER had a real business and made a dime on a quarter by quarter basis?
Still would not be surprised to see this go sub-$40
Still undervalued in my opinion based on recent developments. Any pullback is definitely a buying opportunity.
I see $120 in the near horizon. Great company in a great space.
Nice to see it up in the pre-market.
Better be some god news that comes with revenue to get it there!
Earning and guidance were positive. Although the financials were unaudited, still shows growth and good potential. As long as they do not play the dilution game this one has some great potential. Still would b nice to se who they are doing business with and pretty obvious an aggressive buyer is accumulating. OTC site said that there were only 4K+ shares short last period so I doubt this is short covering.
Looks like quite a bit of expected profit taking. Would like to see a cap table as it looks like a concentrated seller. Anyone know if anyone with a concentrated position is liquidating?
Interesting but more interested in their operations and productiion rather than lawsuits.
I am a buyer on any pullback. I imagine this story just gets better as more people are aware of what they have going on.
What is interesting is that these other facilities they mentioned in other states are not online yet pose an opportunity for further growth. Anyone know if they are profitable yet? I imagine that if they are not they will surely be profitable very shortly. Not too many cannabis or hemp companies can say that I believe.
They appear to be the main seller in the stock. Still very positive that it traded this kind of volume and holding over $0.50. By looking at the chart, you have to expect profit taking by people that have been in this for quite some time in the $0.30’s and $0.40’s. Aooears that somebody came in and bought some size these levels which should provide a nice support base.
$50 would be a gift. If it breaks these support levels it looks like it will go lower.
Been watching this one for the past few weeks. The last 2 contracts greatly surpass what this company has done over the past few years in revenue. Appears they have contracted revenue that would put them well ahead of some of the cannabis MSO’s that trade 10 time the valuation that CNAB currently trades!
LOL!!!!! This ponzu scheme is trading at a new all time low today. All while you have been touting this garbage is about to “skyrocket”. Management should be thoroughly embarrassed of being associated with this garbage!
Not a shocker:
https://www.cnbc.com/2019/05/22/probe-tied-to-microcap-fraud-case-may-include-former-riot-blockchain-ceo.html
Most of these frauds were all involved in this garbage of a company.
What’s the connection? IRTH Communications, Barry Hionig and his cast of characters or someone else?
MassRoots is a complete pump and dump. Company has no business, no money and just pays IR services to attempt to validate their existence while they funnel money to worthless management and employees. The correlation between this company and massroots is the Board member Tripp Keber. Looks like this company PR’s are similar to Massroots - all fluff. Announcements about updates, web links and attending senseless conferences. Nothing material or relevant to earnings.
Nice news today!
All fine and dandy but they have been saying that for months and other MSO’s are actually executing much more efficient and have positioned themselves well in the CBD arena. This company just likes to be a media darling with nothing to back it up. Harvest, CuraLeaf and others look like better value and appear to be better operators.
Company will struggle to get above the IPO price of $25 IMHO. Poor pricing and greed by the company has led for this company to trade underwater since the IPO in November. What is going to happen when the first round of restrictions are lifted from people who invested in the company in earlier rounds at lower prices???
POTN is a very suspect company. Undeserving of even being in the same sentence as TLRY
Same way all the other fake news of the past tells the story - pathetic financials and further dilution. Same old story, just different makeup and same end result.
Spreading fake news? Does that mean the company can be sued as well?
This junk has done nothing but go down after all your touts at $1 all the way down here where it is still overvalued based on their criminal financials!
Another bogus news announcement to try to make it seem like they are doing business when there is no reference to revenue. Company is a scam!
All those calls are scripted to make it sound like they are a real operation. They never address the real issues like all the stock promotion or explanations on why they have the worst fhistory of financials known to mankind. The company has their boyfriends call in with questions like they are real investors based on the past Q&A.
Nothing but manipulation by the frauds that were issued low price stock to convert their share to cash and keep this scam alive.
How low do you think it goes?
I think you will begin to see a separation of the real companies in the sector and the ones that have no business being public or simply stock scams.
Of course you added at the new lows, you always do. Find it hard to believe your “core” position is down here when you have been touting this garbage from $1.00 all the way down to here. Only thing being penetrated is the shareholders by the company and their worthless management team.
Why would it be a good time to buy? Unfairly punished??? LOL. Considering the frauds behind this company have done nothing but promote the stock with scammers like Barry Honig and have run the company into the ground, I would love to know why anyone would want to buy this crap. Company is run by a bunch of buffoons that have done nothing but burn through millions of dollars and have a revenue track record of deserted person on on a tropical island trying to sell portable heaters. COMPLETE SCAM!!!!
Considering the “pump and dump” effect worked so well, I can’t wait to see how this “January Effect” works out. I would be shocked if they are still around by the end of 2019. Word has it that some of Honig’s co-frauds are settling with the SEC and providing information on some of their other scams and then the SEC will fo after the companies that worked to conspire with their crimes.