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Well said Mike. I think they have and will have great products with hardly any competition at this point. I keep accumulating on the dips. Was able to add at .0109 this morning. I truly believe this stock will be trading in the .25 to .50 range within a year.
Freakin hilarious WG.
Good point. Where are they now? Bueler? Bueler?
Hard to say. 92% in a day is huge. Maybe a slight pull back unless valuations come in then we are at .025 easily. I'm long regardless and pretty confident we are going to be silver within a month. Going to be adding on dips all the way!
We are still waiting on valuations aren't we? Shouldn't they be coming any time?
Thanks for the links. Interesting reads. Yes, he does appear to be a big deal in Russia. Very much looking forward to how all of this plays out.
Agreed. With a little patience, this should pay off big time.
I really like this play right now. It's flying under the radar and has a very low float. They have no revenue, debt, or dilution and are looking to acquire Timur Turlov's three Freedom Finance companies that have an annual revenue of $200 million. Once this news gets out, this will stock will sky rocket particularly with such a low float.
I really like this stock too and even with yesterday's and today's blood bath, I am still up 40% and holding long. I do, however, think there is only one other OTC stock comparable to this one and my main positions are in both of these. Gotta think the rest of the week will be green! GLTA!
I agree. Usually right after initial gap ups, it comes down a little. Hoping that is the case so I will have time to sell my stocks first. I usually hate buying first thing in the morning because of the gap ups anyway. Guess I will have to hope for the best. At any rate, I am sure whatever price I pay tomorrow for it will pay off in the long run :)
I really don't know where everyone is getting the RM from. He has already said he is not going to take Maple public. They are going to own between 70% to 80% of MMEX shares. He is going to transfer assets to MMEX and that information should be coming out in the valuations.
Indeed. I know the price is going to shoot up in the morning but thinking I should be able to get in before .0084. GLTA!!! This is going to be big!
I dumped all at .0084 right as 10 q came out. Thought was to buy back once the dust settled. At the time, I thought I made a good move as it closed at .0059. Then the Bloomberg piece. As long as I can get back in before .0084 tomorrow I'm good. Problem is I used funds to buy other stocks so I have to sell first before I have funds to buy again. When I get in this time, I'm staying for the long haul!
Nice post Rascal. I enjoyed reading it.
I'm relatively new to investing in OTC market and I am curious about the T Trade. If there was a 6.7 share t trade at 0.0181 does that mean that someone bought 6.7 million shares at .0181 during the day but did not reveal the trade until after the market closed as to not alert investors as to which was the market was going? Also, was this trade done by a market maker correct? I have no clue how to even hide a trade. If someone with a bit more knowledge could elaborate, I would really like to learn.
Why is everyone freaking out? Hold this stock for a year and no one will even remember what happened today. I'm telling you this is a great company with great fundamentals and a great product. In the long run, that is all that is going to matter!
I agree Angelo. No stock goes up every single day but this company still has a great chart, great fundamentals, and great product and hardly any competition.
I think we have a great chance to be .10 by end of April.
Reverse split after acquiring lots of shares for himself. Dilution with only 30k debt. I doubt it. He already knows his earnings are going to be good. Friday, this stock hits full throttle!
Why the PPPS sky rocketing?
Why the HBO exposure?
Why such a great product with no competition?
What are your thoughts about this?
Really great DD in the room. Can't wait to add more shares tomorrow!
Yes he is. Valuations will be very interesting. I do with they would get their 10q filed however.
I really think MMEX will be very successful. Hanks stated that Maple will own 70% to 80% of MMEX shares but he also stated that he has no intentions of having Maple become public. Either way, MMEX is still a great investment as long as everything comes to fruition.
I like Walmart. They need something new!
LOL. I'm not saying the company can't be successful anyway. Chilax!! Just my opinion. Sorry it doesn't agree with yours.
I don't think there will be a reverse merge as Hanks stated that he has no intention to have Maple become public. That being said, who would MMEX rm with?
How about the huge gains in pps? Is that worthy of an investment?
565k but staying put. If all goes well that should be enough. I believe in the power of diversification. Also, have quite a bit of MYDX, VGID, LIGA, and RSII. Going to add some DOLV tomorrow.
The filing must be huge as they requested the delay to begin with. My gut is it will be out this week perhaps as early as Monday. We could also get the valuations this week as Jack Hanks stated in his recent interview. Honestly, this could be an absolute monster week for MMEX.
Are you just speculating on a Buy Back? A Buy Back would definitely send the PPS soaring as well and I could see it as a definite possibility.
Honestly, what is not to like about this company? The 8k was extremely nice showing only $35k debt due in May and ending dilution.
The HBO piece gave them some exposure and their earning report should be fantastic.
They have a very unique niche product. I mean mj users will definitely want to know what's in their mj and it's easy to use. I don't even think they have any competition in the market.
I think if you hold this stock for a year or so, you will be nicely rewarded.
Thanks YoT Racer? A good report should send this baby to the next level!
Aren't the financials due next week?
10-Q Due. Read post by Kallie # 16041. It says they have 15 calendar days following the prescribed due date. They actually have until April 5th.
Thoughts on this company. First of all, this is a great niche market. I mean, mj users are definitely going to want to test their product and this is the first and only hand held product that can do so. I don't even think they have any competitors. Honestly, this should be huge and I wouldn't be at all surprised if it were over $1 by next year. I feel fortunate to have the shares I have and will continue to add to my position!
Well said Supernova!
Good news and we skyrocket. I.E., 10q or valuations. No news, may go up slightly in anticipation such as is the case with RSII right now. I don't really think we will get any bad news :)
I heard anywhere from 3 to 9 months. I am sure hoping we don't have to wait 9 months. LOL
Agreed. I think there is only one thing that can kill this stock and that is if they don't get the permits. I really don't think financing is going to be an issue because there will be lots of deep pockets that want a piece. Key is going to be permits but things seem to be looking good as far as that goes. Definitely a monster in the making!
I won't argue with that logic but, like I said, that's going to be a few years down the road if and when that happens.
Well there press release says it plans to produce 50,000 barrels a day. If they plan to produce more than that it is going to be a few years before they even discuss it. I think they are going to focus on just getting that off the ground. By that time, I hope to be retired on the beach :)
But if they go over 50,000, they have to get federal permits. The reason they are keeping at 50,000 is so they only have to get state permits