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I thought only paid promoters bragged about making millions with CBDD. I guess MOJO is a paid promoter now. How quickly things change! HaHaHaHaHaHaHaHa!
Good info. CBDD's operations in Switzerland are impressive and getting more impressive by the day. Swiss adults are the richest in the world so it is huge for CBDD to have strong footholds in Switzerland.
Once we achieve legalization in all of North America this year, Europe will be the next continent to legalize, and that will open the floodgates to CBDD's operations throughout Europe.
Hopefully we will get that signature on Thursday. That will be the spark that ignites the fuse to this rocket. Then we will be "Walking in the Clouds" with excitement! I've been waiting to say that.
It looks like a "cleanup" bill could be signed as soon as Thursday.
It looks like a "cleanup" bill could be signed as soon as Thursday.
I agree, nothing is holding this stock back as it checks all the boxes. That's logical. However, sometimes logic doesn't always apply in the stock market. Sometimes good stocks lag behind. Sometimes a good stock needs a big catalyst to give it that boost forward (I'm talking about 10-72X like most other pot stocks have surged in the last couple of weeks and months).
Thanks, I'm glad to be onboard. I'm new to OMID but not to the stock market. I've been looking to buy another penny pot stock for a while but I refused to buy any of the shit stocks (some of them with no operations whatsoever) out there even though most of them have surged 10-72X in the last few weeks and months.
It's absolutely ridiculous a company like OMID, that is doing all the right things and has a great operation going, has not surged at least 10X already (it did surge to .19 but then dropped). However, I'm not complaining because it allowed me to get in at a good price. However, I will be complaining if OMID doesn't surge from now on (especially after the NJ legalization bill is signed) as OMID does check all the boxes, as you said. I think the bill signing is the only thing holding this stock back right now. However, smart investors will get in before the bill is signed, not after.
It's a little more than hype considering that legalization is already written into the NJ state constitution (done on Jan.1). However, although I'm not good at curbing my enthusiasm, I will try to do so for another couple of weeks.
Absolutely, it's ridiculous how low this stock price is at .03 when we look at comparable stocks. $2 is a little high right now, I take that back. However, the stock price should be in the .30 range at the very least right now, and moving toward a dollar by the end of the year.
It says 17 Million here on IHUB, but even 50M is very low and will help this stock stay high. Also, short traders will think twice about shorting this stock because they may not have enough shares to cover with.
$2?? You're more demanding than I am! I'm perfectly happy with $1.99.
Seriously though, if we look at a company like SNDL that made $12M but spent $53M (and reached $3 a share recently), CBDD is a much better deal (at .03 a share) for M&A.
You're right though, M&A or not, CBDD should be in the $2 range right now if we look at the comparable stocks.
It looks like someone hasn't been reading the news for the last few months. The New Jersey legalization bill should be signed any day now. That will open big doors for OMID state wide. Many of the northeast states will be legalizing soon which will open big doors for OMID in those states. The federal legalization bill should be drafted and up for a vote in the next few weeks. Federal legalization will open big doors for OMID nation wide.
And that doesn't even include all the on going amazing developments happening with this company.
I wouldn't be surprised if there was rumor of a merger or acquisition. The big Canadian pot companies want to acquire American pot companies in order to get a foothold in the US before legalization. Also, with CBDD's incredibly low stock price and incredibly high revenues, it is the best deal.
I agree, this stock is worth howling over. With a 17M float this stock will move big with small news. With big news it will move to the moon. And, oh by they way, we have some huge news coming very soon.
That's ok, I hate that song too. It's the cheesiest love song ever. However, I had to use it since it worked so well in that context.
I found another song that works well called "Where we belong" from Devin Townsend Project.
"I know what it's there for
I know what it's worth
I know what it's there for
I know what it's worth
Soon we will belong
Summer's coming, now we're coming
Back where we belong"
I'm going back to work now.
Good post. It's good to have confirmation regarding how quickly an audit can get done. The sooner the audit and uplisting get done the sooner this stock can move up to dollar land where it belongs.
"Love lift us up where we belong
Where the eagles cry on a mountain high
Far from the world we know, up where the clear winds blow"
Joe Cocker 1982 "Up where we belong"
I'm in like sin! I bought 250,000 shares today. Of the 100s of pot stocks to choose from, I chose OMID. Thanks to those who posted links that made my DD easier.
It was a no brainer. Big things are coming. This company has a bright future.
Exactly, it is brutal to see shit companies (good description) surge while a great company like CBDD lags. CBDD does not want an image/reputation for lagging, so they must work double time to get the audit done and buy back shares.
As you said, they cannot get overconfident and take their time to get these things done, especially considering a one year old company like OMID is already getting them done.
I've been a long time (over 3 years) proponent of a slow and steady climb. However, in this rare case I am starting to change my tune. Perception is reality, and it is critical that CBDD stock not lag behind especially during the surge of their sector.
In my opinion, it is absolutely ridiculous that CBDD (a pot company with one of the highest revenues on the OTC) is up only 2X, while other pot companies with little to no revenues are up 10X, 20X and even 72X. The most glaring examples are HCMC (up 30X with no revenues and 195 billion shares outstanding), and INKW (up as much as 72X with little revenues and tiny operations).
Despite clear manipulation going on, I put this on the company for not having their audit done already and for not buying back shares. OMID is less than a year old and they have already bought back shares (reducing their shares outstanding by 13%) and are already in the process of becoming SEC reporting.
CBDD will be fine in the long term, but it does not want the image or reputation of lagging behind especially during a major sector surge. They must work double time to get the audit done and buy back shares. CBDD has been good to us shareholders (I am not complaining here, just stating the facts), but as shareholders we must always demand more.
It is good news that it took 2 Market Makers to hold this stock back! They are desperately trying to hold this stock back with everything they have. Why? Because they know what is coming, a massive run like the INKW run of 72X!
Yes, slow and steady wins the race, but I wouldn't mind seeing a 72X run!
If a company with no income like INKW can have a 72X run in 2 weeks, why couldn't a company with serious revenues and massive growth like CBDD do the same?
I've been asking the same question myself. Don't get me wrong, I'm not complaining. If this stock price never goes any higher, I will be content. However, when we look at other stock prices, CBDD's stock price appears to be way too low.
A stock like INKW with no income shoots up 72X in 2 weeks and is 3-4 times higher than CBDD (CBDD has serious income and strong footholds in Europe).
Also, a stock like SNDL has just a little higher revenues than CBDD yet its stock price is $1.15.
Again, I'm not complaining, just stating the facts. This presents another fact, CBDD is due for a big run soon.
Congrats Briz! CBDD has been good to us all and hopefully CBDD will help us all retire in the next few years!
Good article. Legalization IS happening!
It's also good to read that a pharmaceutical company has won approval for a cannabis based drug. Pharma is another huge market for cannabis.
Ok great, I just wanted to confirm that you weren't talking about OMID in your other post, but another stock. Thanks for the clarification.
I'm a long holder of CBDD but I'm looking to get in at the bottom of a CBDD 2.0, and this stock looks like it might be the one.
Sorry, I meant post #32393.
I'm doing some DD on OMID. Would you be kind enough to clarify your post #32392? It's hard to figure out to which stocks you are referring. Thanks.
Enjoy your pennies. You can buy some candy this weekend.
Some people think that CBDD has too many shares outstanding and that is what is holding the stock back, but that isn't necessarily the case. HCMC proved it when it rose 10X in 2 weeks with 195 billion shares outstanding!! That is so incredible I had to check it 3 times!
In my opinion, the main thing holding CBDD back is the company audit. People want the numbers verified. Once the audit is released and we get closer to the legalization vote, I wouldn't be surprised if CBDD made a 10-20X run.
Correction, HCMC has 195 Billion shares outstanding!! That pretty much debunks the theory that the number of shares outstanding holds a stock back!
It looks like INKW is coming back down to earth today. It's great to see a company with no revenues like INKW make a 72X run in two weeks. It's also great to see a company with no revenues (and 18 billion shares outstanding) like HCMC make a 10X run in two weeks.
However, investors are looking for companies with revenues and CBDD's revenues of $7-9 Million per quarter ($30 million a year) is no joke. CBDD had a good run back in early Dec and it will have another one soon.
Exactly, it's absolutely ridiculous that a company with no revenues like INKW has a stock price 3-4 higher than CBDD. CBDD must do an abbreviated audit (for the last 2 quarters only) and release it as soon as possible.
Besides shorters and MMs, the main thing holding CBDD's stock price back is its company audit. Hopefully it will be done sooner than later. I agree with some of the other posts with regards to the company doing a partial audit (for the last 2 quarters). Those are the 2 strongest quarters and are the ones that matter most. Who cares about what happened before that anyway?
On the other hand, a stock like INKW reached .13 yesterday (it was at .0018 just a few weeks ago) with no revenues and no audit. CBDD has serious revenues so it should be mirroring INKW right now at the very least.
The company audit and legalization are the two biggest catalysts that are coming up soon. Once those happen, nothing will be able to hold CBDD back.
Legalization is a much bigger catalyst than most people think. All the major pot companies have doubled recently in anticipation of legalization. Some of the smaller pot company stocks are up 10-20X. The writing is on the wall. Biden just signed an Executive Order to eliminate private prisons. He will need to reduce prisoners if he reduces prisons. Legalization is also a big part of his social justice reform efforts.
Chuck Schumer is putting together a MEGA bill as we speak. He is one of the most influential and powerful politicians in Washington. When he puts together a bill it usually passes. In my opinion, the US will legalize soon after Mexico which will be in the next few months.
Big pharma needs a replacement for opiods and cannabis and CBD are good options. Even if legalization doesn't happen for another year or two, experts do agree that the "SAFE Banking Act" will definitely pass soon and that will help cannabis companies grow much faster as they will have easier access to loans. That will add fuel to CBDD's trip to the moon!
Another good article in www.marijuanamoment.net, "Chuck Schumer Says Marijuana Reform Bills are Being Merged as Congress Moves to Legalize".
The bill is being put together as we speak.
Good article. I especially like the quotes, "There's no stopping the industry now", and "I think you're gonna see a lot of (mergers and acquisitions) coming."
It's good to know that CBDD is being mentioned so much on Reddit. Imagine if the Reddit army got behind CBDD!
Patriots support good American companies like CBDD that are achieving the American Dream, and in the process are creating jobs, helping the economy and improving the health of the people.
It's good to know that CBDD is being mentioned a lot on Reddit.