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Interesting, thanks for the info. I wish they were consolidated into one company. Oh well.
Ok, do you know anything about the contracts? Are they the only supplier?
I'd take being associated with "drugs" over kid-friendly any day when it comes to ROI, but if we get in all the Whole Foods I'll reconsider.
What! Same Company?
Nate, if you're listening, please make MJ Pancakes.
Yes, huge price correction soon. Stay buckled up!
Buy time.
Big buys this AM.
Cool, well my point is you can email him at info@jeremykaplan.net
Looks like some guy named Jeremy Kaplan did the design. He might be a good person to reach out to.
http://www.jeremykaplan.net/nates-homemade
http://jeremy-kaplan.squarespace.com/
They need to announce a line of MJ pancakes
Thanks Q7. Gotta keep everyone in the know. Early congrats to all EFFI longs!
Soon this board is going to be calling for $0.50+. Not just from the random, wacky one-off posters. You heard it here first.
Yea, if I'm not mistaken I think they're in BCAP too (which I also reluctantly own). Definitely suspect, but I suppose a rising tide lifts all boats, albeit likely temporarily here.
8 cents. $0.08
Cool, thanks.
This guy seems suspect: https://www.linkedin.com/in/michael-grande-7aa45618
He/She has no point. When many see shares being sold, they immediately assume it's dilution. The key here is the difference between Authorized Shares (A/S) and Outstanding Shares (O/S), or the Float. There have only 143 million shares that are available to be issued since Dec 2015. The company has likely issued most of those, meaning there is really very little to dilute the price with. Additionally, if you read the press releases, the company is very aware of the sleazy tactics other MJ companies have with regards to dilution. Here is an excerpt from the CEO:
"We are very pleased and excited to be working with Regions Bank as they see our business growing profitably by extending business credit. In addition, we will not have to tap the equity markets for any toxic financing based on the amount of credit we were provided. We are now cash flow positive and see no need for additional financing in the short term. We continue to look for accretive acquisitions that would increase our return on investment to our shareholders."
What you are seeing here is a combination of MMs holding the price down to shake out weak hands and a lack of buys at the ASK price. While it is true that Friday's are typically less eventful than others, EFFI lacks some of the craze other MJ stocks have because the word "marijuana" is not in the name. Once people recognize this, there will be a serious price correction and our Market Value (MV), which is currently at about $3 million, should rise to $30 million and up.
Still an MJ stock or was that a 2014 rumor?
I never sold here.
You're definitely right. If EFFI had Marijuana in it's name, we'd be at 0.5 right now.
If EFFI reaches the MV of MCOA, which $0 (ZERO) revenue, EFFI would be trading at 0.56.
Yes, EFFI to 0.56. Think about that.
Since clearly the only reason MCOA is trading at that stupid MV is because it has "Marijuana" in it's name, I think EFFI is a WAY BETTER investment. I suggest you and ALL OTHER MCOA investors sell and put your money in EFFI.
Thank me later.
Best advice I can give now:
- NO stop loss orders (you're giving away your shares)
- BUY shares (it's free money – we're going to 0.10+) (Yes you're here early, congrats)
...If you are not buying
- LOCK your shares at a high price (0.05+) so MMs can't play with them to shake out weak hands
- DON'T WATCH if you are thinking of selling.
Of course, if you need the money badly now, no harm in selling. The buyers will oblige happily.
At $1 EFFI would be valued at less than half MJNA. It is definitely possible.
No problem, enjoy the show!
That's right. I recommend against it. A limit sell order at a price you hope to sell at is not a bad idea though. It locks your shares in so MMs can't trade with them.
Some are looking to other MJ stocks, most of which have already been diluted to nothing or have SS that are insane. I initially invested in EFFI when PHOT was blowing up and I, believe it or not, sold my 0.04s at 0.75 on a limit order. EFFI amazed me because the SS showed a fraction of the float PHOT had. In the past two years, EFFI wasn't always so solid but all signs and research point to a legitimate, rev generating company. One of the few in a sea of crap; crap that will mainly go up in the next coming months but will fall hard soon after. EFFI has the chance to hit $0.3-$1.
When deciding where to put your money, don't overlook this fact just simply with the SS:
Current Market Valuations:
EFFI: ~$3 million
MJNA: ~$659 million
ERBB: ~$18.5 million
GRCU: ~$25 million
If EFFI trades up to a meager $25 million MV, it would trade at nearly 0.07. If it went to the absurd MV of MJNA, EFFI would be at over $1.75.
Think about that.
Many pennies. Most are not here for 0.01.
Hitting a new 52wk high today. Buckle up for 0.10.
Naw, it's going to fly soon.
"With this float, we don't need roads." - Back to the Ten-Cents
Just ate those 39s and quite happy about it
Buying more!
Damn, son. 40m Volume. I was here in the 0.06 days. We're going to see that again soon.
Check this out: http://nyti.ms/2eDYIIr
Wow look at all the locations where CANNA products are sold:
http://www.cannagardening.com/user/dealersearch
This should be at 0.05. My shares will be locked until then.
Who launches a website with template Latin still in it? Quit the amateur hour EFFI. Websites take no time to put up and should look 50x nicer. Use some of the money you're making by selling the shares.
I'm jealous of whoever gobbles up the 4M at 0.0015. This selling is just stupid.
No doubt this will be over 1 cent soon and will continue to grow.
Stay strong EFFIers.
Buying pressure will launch this as shorts try to cover.
Last chance to get the teens today. Looks like about 330k @ 19.
Bullish Harami apparent here. Signaling reversal. Should be an interesting day.
No need to bid sit at these prices IMO. Just chomp the ask.
I feel like I'm taking candy from a baby. How did this get so dam low?