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Run where? The MM's will keep this at .0001 with respect to the R/S.
Right now, you are either blindly buying at .0002; selling at .0001, or going with the R/S. Those are the only 3 options one has. And don't forget, MM's get their shares for less than .0001.
Well, I guess no one wants this stock because there is 13 million available at .0001
Don't forget pmcm will cost you a reverse split fee with your broker. It's a small fee, but still pmcm is breaking the bank. lol
I have some .0001's for sell, buy them.
Can someone please tell what happened here? Last time I checked the price (maybe a week or so ago) the price was in the .01 - .009 range. Thanks.
PMCM now has a bad reputation. Once they do their reverse split, the price will drop back to the current level. A R/S doesn't solve their legal problems (and they've hinted that Iggy isn't their only legal issue). As long as they have legal issues, no Institutional Investors will touch this; and as long as PMCM has a message board, retailers will warn other retailers of PMCM's past.
And for those whom are wishfully thinking that the R/S will be cancelled, dream on. Not only does the R/S get them out of 000's (for a moment at least), the the R/S also gets PMCM off of the pinks and onto the QB (the next level above pink sheets).
For those who want to stay and think this will go up after the R/S, I would suggest you sell now, then buy back in at .0001 to cut your losses shorter.
IMO, the R/S will be 1:1000, because greedy DM pretty much starts with a clean slate; common and preferred.
I wonder if the former owner of Suzie Q's is planning to sue PMCM for her 80K among other things?
"... In addition, the Company expects to have other legal issues arise in the course of its business..."
SELL before it gets to "no bid". There is currently 400 million on the bid side. Once it hits "no bid", you're stuck.
If DM had the guts to tear up the contract with Hefe Wine this would be over with, instead he's being greedy thinking he can profit on Iggy's name and fame.
DM surrounds himself with crooks (birds of a feather flock together).
DM appears to be a litigation magnet.
SELL SELL SELL! PMCM WILL GO BANKRUPT AFTER THEIR REVERSE SPLIT! TOO MANY LEGAL ISSUES COMING THERE WAY, NOT JUST THE IGGY SITUATION! SELL SELL SELL!
Elaborate. Because negative posts didn't get this stock down to where it is.
IMO, IDGC isn't going anywhere anytime soon. If you like your DD on the company and are thinking "long", maybe you'll get rewarded, but short term, forget about it.
http://www.huffingtonpost.com/2015/01/12/illinois-medical-marijuana-licenses-pat-quinn-bruce-rauner_n_6458120.html?ncid=txtlnkusaolp00000592
Bots are hilarious. Sad, but hilarious.
Regardless, I don't think Primco can be held responsible as the "boyfriend" made claims to owning the "masters" and dealt with Primco. Primco stands to lose any money they fronted to the "boyfriend" if the case is lost, and stands to gain substantially (monetarily and clout) if the case is won. JMO.
The past few trading days there has been a lot of accumulating, and I don't think it's retail making these huge lot purchases.
Prior to the last 10Q, the Institutional Holdings was 10%, when the lastest 10Q was released, Institutional dropped to 5.5% (perhaps for tax purposes), now maybe those or that Institution (s) is getting back in. JMO.
Agreed. I really think they are waiting for this Iggy situation to be over with to announce anything.
They are making a killing with only 4 stores (and of course their own grow facility).
Maybe KNSC should be targeting a reverse merger with this MJ company from last night's "60 Minutes" story. But I'm pretty sure bigger guns might already be targeting it.
http://www.cbsnews.com/videos/preview-colorado-pot/
Last night "60 Minutes" did a piece on MJ...
http://www.cbsnews.com/videos/preview-colorado-pot/
Imagine if Suzie Q's was on the same track as "Mindful"!
I'd be happy with breaking even (even though I have a long way to go). I've already moved on from the pink market.
But, what if what MMG is saying is true?
I wonder who this new market maker on L2 is: ANON?
IDGC is a small play for me, so I wouldn't waste my time nor Dufort's with emails...now if I was heavily invested here, then that's a different story.
Thanks Stanner. Would be nice for MM patients to have a home brewer exclusively for the hemp based coffee, like Kuerig.
Can someone elaborate on this from yesterdays update?
"Jack Rockwell, Inc.: (9.9% of the company) We are in negotiations with PHYH to acquire IDGC's equity stake as a dividend to its shareholders in early 2015. IDGC has retained counsel for the transaction to file a Form 10, update financials, and file a 15c-211 to revive PHYH as a publically traded company. IDGC has also interviewed and selected between two engineering firms to build the new updated version of the patented machine."
More fun to come...At 3:59, someone will buy everything on the "ask" side pushing the price to .01. LOL
Sorry about your loss. We all have made mistakes with this investing stuff, and most of our mistakes are a result of greed. There's been a time when I had a chance to sell a stock but held for more and got burned. You getting in at .0027 is major so I understand your frustration...this is nothing more than a poker and chess game combined. GL and Happy New Year.
It's not too late for you to get out and take a tax loss. Don't complain about your decisions...I'm guessing you are an adult...blame yourself.
IMO, a nice consolation for the lack of communication would be a stock dividend in Shades Holdings and/or Mullen Technologies whose IPO is scheduled for April 2015. Personally, I'd prefer Mullen stock ;)
http://www.mullenusa.com/investors/
It was a "fat finger" trade. There's been 1 trade today (1 mil shares). Just a mistake.
LMFAO. What company (without a website) sells products (especially) via email. LMAO...still at "no bid". We need some professional pumpers around here because you guys pushed it back down to "no bid". LOL
I don't want to sell for a loss this year since my taxes are pretty much figured out; but come next month, I'm out for a loss and upping my position in another stock I own. Also, my New Year's Resolution is to stay away from the "pink market". Happy Holidays everyone and good luck in 2015!
No, other than trades going through at less than .0001; .00005 to be exact.
There is none; just wishful thinking.