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Typically and initially yes, but he’s been here several days now, and we just had our highest close in months. His effect is already gone.
Ha, so you’re a troll AND a minion? A real class act.
And I couldn’t disagree more. His assessment was much more comprehensive than usual, and it was actually quite bullish.
Big Pharma owns that schmuck
Oh, that’s a known fact about Clay. He has a huge short following. But it’s a good “cleanse” once all is said and done. Pullbacks are healthy. Bulls still in control here, uptrend will continue.
I loaded another half milly at .0350 today. Up to 4.5MM. We gonna smoke a fatty when this hits $.10?!
????
Best post of the day
I actually like Panzer. When this stock skyrockets, I hope to burn a fatty with him to celebrate our profits (cuz we all know he’s secretely a huge bull with a ton of shares).
I’m not here to argue, especially over semantics. I said my piece. It’s hard to make money when all your revenue streams revolve around a prohibited product... so the only way to know for sure is to see how things go after the ban is lifted. Many good things have happened in those six years, and that should allow Hemp Inc to “hit the ground running” when the government steps away and allows the free market to take over.
Bruce was ahead of the times when he started the company, always has been (Co name was actually Marijuana Inc for many years, and just recently became Hemp Inc, so you can’t necessarily judge them on 10 years of performance). However their infrastructure is vastly superior to all competitors now, and they should be able to take full advantage of a true open market once national legalization occurs. If, within a year after legalization, we don’t see a drastic increase in profits, then I will admit to you being correct.
As for investors getting burned, I bought 4 million shares in Feb 2018 and am up over $30K so far. I see much more upside here.
It took Netflix many years, and many millions of investment capital before making a profit, and their margins are still razor thin.
Every company starts somewhere. I think some people here need to remember that.
Great video, Panzer. Senator Wyden was making so much sense, that I was cracking up. Is there a bigger “no-brainer” out there than legalizing the production of industrial hemp?!
Hemp Farming Act added 3 more co-sponsors yesterday (including Ol’ Bernie Sanders, haha).
Now at 27 total co-sponsors!
McConnell also said Friday (June 1):
—He's optimistic his proposal to legalize hemp as an agricultural commodity will be part of the overall farm bill that emerges from the Senate. The versatile crop has been grown on an experimental basis in a number of states in recent years and Kentucky has been at the forefront of hemp's comeback.
Nice find... “The Kentucky Republican said he would prioritize the fiscal 2019 defense authorization, A NEW FARM BILL and updated water resources development legislation.”
“McConnell coming out is a game changer,” Comer said. “Not only is he the most powerful person in Congress, he’s very cautious. So knowing that he supports it, you do a little research and you find out it’s been a real success story in Kentucky and that makes you confident.”
Supporters say the issue hits a sweet spot between Democrats who support relaxed marijuana laws and conservatives who see hemp’s inclusion on the federal list of controlled substances as government interference.
NEW ARTICLE: Hemp will be federally legal, all thanks to Mitch McConnell and the Senate...
This article perfectly explains everything I have been telling you guys about how the BS going on in the House of Reps means nothing...
http://www.star-telegram.com/news/politics-government/article211551994.html
Senate should vote-in their version in the next couple of weeks... nobody knows exactly when the “final” version will go to Trump’s desk, but it’s gotta be within the next couple months, at the most.
This is helpful, and shows how irrelevant the House is here, considering everyone knows the Senate will carry this through...
“While Sessions and other GOP panel members were not swayed, the chairman did hint just before the vote that there may still be hope for hemp reform, saying that the issue would be “determined by an agreement that would be reached” with Senate Majority Leader Mitch McConnell (R-KY).
McConnell last month filed a hemp legalization bill, which Comer’s amendment closely modeled. Fully a fifth of the Senate is now signed on as cosponsoring that legislation, and the majority leader has already announced plans to attach his hemp language to the version of the Farm Bill being considered by the Senate this month.
While it is unclear what exactly Sessions was suggesting when he referred to an “agreement” with McConnell, it may have been a reference to the conference committee process that will merge the House and Senate’s respective versions of the Farm Bill into a single proposal after each chamber passes its legislation. If McConnell succeeds in attaching hemp legalization to the Senate bill, it would then be up for consideration as part of the final legislation sent to President Trump for signing into law.
Again, it doesn’t matter what the House of Reps does or doesn’t do in this regard. The Senate’s version of the Farm Bill is basically a guarantee, and contains a provision to legalize hemp thanks to champion Mitch McConnell... that will make it all the way through to the final draft of the farm bill, when both parts of congress “merge” theirs together before sending to Trump. Also, Trump just tweeted the other day that he is in support of local farmers, so he will sign the Farm Bill, and hemp will become fully legal nationwide.
That’s right. The work is done, thanks to Mitch and HIS Senate. Nobody cares what the House of Reps do in this regard... that’s why they aren’t wasting time with it.
You guys are discussing two separate articles. One was published last night, and the stock shot up almost 10% afterwards. The one posted this evening is just as irrelevant.
Bottom line is, they both relate to the House of Reps, and they don’t really matter.
Why? Mitch McConnell, who got the 2014 Farm Bill passed, and who is championing the new 2018 Farm Bill, is head of the Senate. The final Farm Bill that eventually gets to Trump’s desk will be a “merge” of both the House’s and the Senate’s provisions. And you can be sure that Mitch McConnell’s hemp legislation will be on there, and therefore it will go through, and hemp will be legalized nationwide.
The issue is “when” will that all come to fruition. Nobody knows for sure, but it will be soon. Stuff like this is just noise.
Haha, my pleasure. I actually created this account when Trump was still a candidate, so now it's kinda obsolete. I rarely use ihub, so in the future let's stay in touch over stocktwits. I will "follow" you shortly.
Anyway, my summary has been downloaded 840 times since it's release on July 10. I have a small team who is aggressively spreading the word and doing a tremendous job. Since this stock sells itself, our biggest goal was/is to simply create awareness.
Thanks to guys like you/us, this stock will very soon be near it's true value, in the $6-$10 range, or even higher.
That's me, by the way, haha. Loved the article, Value. You were my inspiration!
BradPittsBrother on StockTwits wrote a nice summary and mentioned Value's SA article several times. I'm sure that's bringing much more needed attention to it.
Company has stated many times, in multiple sources, that the kidney study is supplemental and will not be included in the NDA.
Yup. 100mg is a half dose. KIT-302 has 200mg celecoxib.
As Scott said, it's all Pfizer propaganda... AKA BULL$HIT. The study was bogus and flawed in many ways. Nothing was proven from a legitimate medical standpoint.
The FDA mandated that study and Pfizer paid half a billion dollars for it. Of course they are gonna sugarcoat it as much as possible. Regular people may believe the BS, but the doctors aren't.
Trust me, the market is still wide open for a better, safer, more effective Celebrex.
Trump is a winner, and we should consider it a privilege that he wants to lead us. America needs someone who will unleash capitalism and let the free market bring prosperity back to this great country.
The market knows that our future is now filled with unlimited potential, and will continue to correct itself...
I couldn't think of a better set of circumstances to set the stage for what is coming to $KTOV.
#KTOVPIONEERS
I have a call scheduled with IR on Sunday. Check me out on StockTwits to hear how it goes. My handle is BradPittsBrother.
Come on guys, DILUTION? REALLY?
If the company wanted to raise money, they had PLENTY of authorized shares before today to do so. This has NOTHING to do with any plans to raise money.
The market overreacts to everything these days, good and bad. Anyone who lets market performance affect their opinion of a stock needs to get outta this one, because you will drive yourself crazy.
I am BradPittsBrother on StockTwits. I spoke with Mr Israel for an hour, and unless he straight up lied, there is no way they are raising money now, and there is no way they are going at this alone. KTOV is a fundamental buy-and-hold play for those seeking to maximize this opportunity.
I have DD'd this company inside and out, and I know what I own. I will continue to hold, and don't care if I miss a few "great trading opps" in the meantime. Why? Because when this thing blows up, I will be there waiting, locked and loaded.
Cheers to everyone else who is there with me.
Well said, Sal.
Well said, Scotty
No. They have $18MIL in bank, enough to take them beyond the NDA submission in Q4/16-Q1/17 and into FDA approval by Q4/17.
Plus, this will likely get bought out before then anyway.
Plus, KIT-302 will be produced in three different versions, with either 2.5, 5.0, or 10.0mg of amlodipine. This will make it easy for new prescriptions or conversions.
There is nothing left to fail. Trials are done. Our ex-FDA CMO is submitting the NDA under an SPA Fast Track Designation. Approval a lock. BP can buy us out before approval for $500MIL or after for $1BIL
You need to do more research. This is not going to be generic celecoxib. It's going to be in a class of it's own. A patented class with synergistic effects. Safer, better, cheaper, easier.
KIT-302 is a better, safer, easier, more effective, combination drug that eliminates the main side effect of Celebrex - hypertension. And it's patented. This is the golden ticket back into the osteoarthritis market.
All the more reason for Pfizer to buy us out, rebrand the product as Celebrex Plus (or something similar), regain exclusivity, and recapture their market share.
This guys are so solid and prepared, it's amazing.
Perfect answer, Sal.