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Is there a reason you post the same thing over and over again?
You are missing a few years (e.g. 2015 & 2016). Add to the chart the float as well. It will show why this trend will repeat itself.
Getting closer to that by the day.
I have always been curious where they are when they answer the phone. It isn't either of the sites listed (Warner Rd and Virginia Ave). The PRs are pure fabrications though. How much longer can they keep the scam alive before it collapses?
Yet a PR that anyone can fake holds more weight with many here. The tours were to begin Nov 9. No tours and not a single pic from the inside. The AC units were not on last week as well. That is important in AZ for construction and/or growing.
Did I read this wrong or was that 6 years ago? Seems site transfer and approval should have taken place by now. I am not pharma trained like many here but in the Fortune 25 we call that too little too late. Monetizing any asset should not take that long.
Only opportunity here is to short. It is a scam!
Well you are welcome to your opinion. The reality is very different. If (and if is the key word) sequestox is approved the pps will jump but not by a ton as expected. Too many shares for that. The generics are rounding error with a billion shares out. In the meantime the pps will be walked down without a surprise. Just watch and learn how the OTC works.
It will be interesting to watch from the sidelines. The generics will keep them afloat for a while but without sequestox they have a limited future. The share count is massive though and puts a damper on any big win.
Well said as always. One needs to only chart the pps over the past few years to prove your point further. The $.06 often quoted here will be seen again soon.
Add in no pics and no proof. Scam!
That was June and July on fb. No pics from the inside since then. Try calling them and ask where they are answering the phone from. The Virginia site is vacant with no activity. I have been there and shared recent pics. The tours were supposed to begin Nov 9. It is the 19th.
I think he also said he couldn't go in but I may be wrong. Either way no pics, no credibility. When I drove by last week there was nothing going on. Didn't take any pics because nothing changes from my last pics I shared. Unlike others I actually shared pics. Will take more next week when I have time.
"Groups of up to six will be offered guided visits scheduled on Tuesdays and Fridays limited to two 30 minute tours at 11:30 and 12:00, currently planned to begin November 9th and organized around ongoing construction, with safety always taking priority."
Are there pics from these tours?
Go visit that site (I have). There is no activity, no construction, no revenue, no future. With over 14 billion shares and zero revenue the future is shareholder losses. This will hit $.0005 in a month.
Nobody said you had to agree and who is warren?
$35 by 2017 EOY. Mark my call. It is the perfect storm (capital, taxes, deregulation, repatriation and fx strength).
MMs to lure you in. No rational person would buy into thus scam. It is walking down from $.005 to $.0015. Not a great return unless you are shorting. The scam is over!
No, I think it is slap the bid and poke the ask. Then we will hit $.10 like promised. Such nonsense. Scam!
They have old tires and a phone book at the site. That has to be worth something. The plan drawings probably took 15min to make up. There is no activity at the site.
Actually surprised it is holding here. Expecting a nose dive. With fewer pumpers who is buying this scam?
It will be there soon. You are welcome to follow it down. If I am wrong every stockholder gains and that is good, you included. A stock is not a religion and there are many choices. Relying on one is rarely a good idea. GLTA
I am patient. Today is just 1 day.
Yep. This will be my 4th flip of mcig in 2 months. So far has been great and always have stops in. May or may not hit but will see this as a flip until the pps becomes less irrational.
I have a bid in at $.13 and May inch it down given the trend. May get there today.
Hope I am wrong but trend is MMs walking this down after CCs and no follow up news. Sold out at $.15 for a profit (small though) and may consider coming back at $.05 - $.06. Low volume with no catalyst will provide no price support. The CC to me was less than impressive with too many ifs rather than a resolute future vision.
That can't be going well now.
I may be wrong but there seems to be a lunch trend of decline. May be a better time to get in.
Prove it.
As long as it is cash flow accretive. It might take a while but at $1.1m yields per acre it looks like a good investment. The infrastructure play by them is also a good place to be. Less lead time and they get to work across the industry.
They haven't even removed the old phone book from in front of their door as of Monday. The old abandoned tires on the corner (see Twitter pics) are still there also. How long does it take to clean that stuff up if you are legit?
Analyst reviews are usually behind the curve. I find most are playing catchup in a quick moving environment. Case study in this is Amazon. The analysts were consistently behind. Not one of the analysts have discussed the ramifications of the perfect storm (Dodd/frank, tax relief, rate increases and capital repatriation). The latter hasn't even been considered. When all these companies bring money home who do you think will help them?
Good for you. Ask your sources for it.
See my Twitter account. Pics were from before. It looked exactly the same this afternoon.
@goodtimes9311
I have posted pics in the past. Just didn't take any this time. Next time I will but I have provided more proof than anyone out here!
Drove by the site today because I was already in the area. There is zero activity there and doesn't look like there has been any.
Agree with your logic. If I may add my quick thought on it.
Currently Dodd/Frank required most banks to hold capital in excess of Basel standards. This excess for BofA is approximately $25-50b depending on current risk mix. This money is held as tier 1 capital yielding fed funds rate (near zero). If this were to be deployed it might generate an additional $2-5b in NIM annually with little incremental expense.
This is one example of many that would grow their bottom line rapidly. I would also expect overseas expansion as well but for another time.
DOESNT MATTER. ERBB IS A SCAM
Apologies. HMONNY promised free golf if we hit $35 next year.
Well hopefully nobody else falls for this scam.