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I'm pretty sure there are a lot of things going on behind the scenes with PMCM that we don't know about. They just need to get this Iggy situation taken care of. 2015 should be good.
As much as I'd like to see this go higher, based on my experience, the "no bid" and 1's will be around for the next 4 months, at least. This will have a hard time reaching 2's and above before March 2015; barring a reverse split. JMO
Officially "no bid".
If any of this is true, Primco needs to wash their hands clean of this Williams dude; and any money they fronted him is obviously gone because I'm sure this dude has no money for them to recoup. My advice to Primco, get out of the music industry, it's a slow business with really only 1% of artists actually making it big. JMO
Nevermind, Just found this (posted yesterday): http://radaronline.com/exclusives/2014/12/iggy-azalea-lawsuit-suing-ex-boyfriend-maurice-williams-stolen-music/
And this (filed December 8, 2014): http://radaronline.com/wp-content/uploads/2014/12/Iggy-Azaelia-Lawsuit-Bugged.pdf
Do you or anyone else have an opinion on the Iggy lawsuit, because according to the latest 10-Q, there is no mention of pending litigation; but there's been no PR as to a resolution.
No. This will stay (manipulated) at 1,2,3 for the remainder of this month for tax purposes. First trading week of January, she blows.
It was the old shake the 8 ball. LMAO
All you complainers, sell...get out, so this can move up. LOL
Potentially more business for Suzie Q's?
http://seattletimes.com/html/localnews/2025219185_potcharges1xml.html
LOL; but that's how the company chose to spell marijuana (marihuana).
http://www.worldofmarihuana.com/
IMO, pre-market news is the best; gets the best results. IMO, news within the trading day (and after hours) has little to no effect, especially on a Friday.
No pre-market news, which means no news will be forthcoming, therefore the usual suspects can begin ranting and sharing addresses and phone numbers...lol.
Let this be a lesson learned about investing in penny stocks; sell and move on.
To all of those complaining - let this be a lesson learned about buying penny stocks; sell and move on.
I also see 9 bil O/S; according to TD Ameritrade.
As Long Haul mentioned a day or so ago, many will be dropping out this month for tax purposes.
True, but that's the power of manipulation.
"...and past tax loss shakeouts , many who exited $idgc$ the past couple weeks , will find it mighty hard to re-up at these prices within 31 days."
Good observation.
Someone just bought 70 mil shares @ 2!
Just a rumor that's been floating around here for awhile...take it with a grain of salt.
If they plan to do a share buyback wouldn't it be wise to buy back now while the price is low, otherwise, a share buyback at a later date could become expensive?
"...not one of his ventures ever have made it out of pinkyland not one."
At least he's trying, and not giving up.
I guess people don't understand what it means to invest in a public company...it means you're giving your money to the company to use it any way the company sees fit with a chance for a return on investment. PMCM will get out of the basement soon. $$$$
Nice! I think their IPO will be huge.
Mullen Motors is expected to go public with an IPO in April 2015. This DM that everyone seems to be dissing is obviously very smart.
This Mullen GT looks pretty nice...
http://www.mullenusa.com/mullen-gt/
If Mullen Motors takes off (no pun intended), so does PMCM.
12 mil volume
Come March 2015, we'll have a new 52 week high of .0003. LOL
Institutional are fund managers (the big boys). Toxic investors are strategic entities (diluters).
Strategic went from 2.7 down to 1.5 (diluters)
For what? If one is taking investing this personally, then don't invest.
IMO, it was the person who bought 35 mil shares last week.
Institutional is down to 5.5%...it's dying.
Why buy 35 million @ 2 the sell for a lost @ 1...impatience will be regrettable.
Wow, they are still alive! They filed a 10-Q. Maybe a marijuana reverse merger is in the works.
Speak for yourself. If one has a strategy that they live by, greed is not a factor.
They are making HUGE profits...they get their shares for less than .0001. Let's face the facts, MM's are GREEDY. Retailers are the small fish.
So basically all those hundreds of millions of shares that's been trading hands lately appear to be wash trades. From one diluter to the next...keeping it in the family.
"...we plan to carefully seek out and secure third-party equity financing, both short-term and long-term, to both replace our current convertible debt financing and to provide a new and more stable source of capital..."
In other words, this stock isn't going anywhere for awhile, and if they don't find a third party equity financier to help combat this dilution, a reverse split is inevitable.
In "Legal Proceedings" of the 10-Q, there's is no mention of any pending litigation between Iggy and Primco. Is there drama over and if so, why no press release...if Iggy's suit is still pending, why no mention of it in the 10-Q ("Legal Proceedings")?
Other than dilution from convertible debt, the only other thing I see holding PMCM back is the situation in Canada.
On another note, IMO, they should get rid of their music and film division (unless they have some top notch musicians and/or an a-list actor under contract); thus eliminating insignificant overhead - which can be used to buy back shares, and focus strictly on the Canadian and U.S. mmj market.
PMCM
I hope to be lmfao all the way to the bank.
When this thing pops or even hits .0005, it will be very interesting to read your comments.