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Sold at 48, bought in at 21. Not bad. Looks like the pump may be pumped.
The store has not even been open for a week.... You've waited this long, why would you not wait at least until revenues begin to be reported.
Scooping more! 6's make me happy.
Right with you and accumulating more. :)
Completely agree. I scooped up a bunch more today. Long term vision is required, but this stock is so very promising.
All the DD I've found and read says that only suzie q's and pmcm are linked. On her blog she said that puget sound is a separate company that she is running/starting that has nothing to do with either suzie q's or pmcm. Is this wrong?
I guess I choose to realize that there are always conditions that are not known to observers, the observers being us. Suzie Q's has and is tremendously profitable, and a well ran company for many years. I live in Washington so I have seen first hand the onset and progression of that company, and yes I think the management, which is essentially just her, does a fantastic job. There are obvious other factors contributing to the delay, and I won't choose to assume it's a disaster until I know more information.
It's a crap shoot for sure in Penny land my friend, but something is nagging at me to hold on to this one, so hold I will. Sink or Soar! :)
I read Suzie's blog and as far as I'm concerned, that is the light in the tunnel. There on her blog, about half way down, she discusses the sale, and her being a part owner at PMCM. I don't get the feeling that she is shady at all, and has run a great business for some time now. Construction stuff happens, bad contractors happen, and I think that is all truthful. I invested in this company because of the MMJ, and everything on that front looks great to me.
I'm just hoping this Williams douchebag (Hefe Wine) and his idiocy doesn't spill over to PMCM and what they are trying to do with the MMJ. We won't know anything until Michery releases a PR, and as my wise friend on here Stonegate said, all we have now is blind guesses, and being blind is stupid. SO I am going to withhold judgment until he makes a statement, which given the situation is imminent.
I'm still long and strong.
There is so much damning information in there, if true, PMCM is in serious trouble. The main concern, is one that I voiced initially when this came to light, that they are all one and the same. Clause 12/13.
The ball is directly in Michery's court now, and he needs to issue a public statement.
I don't understand why people keep talking about the 10 billion increase. It is in plain english, in the DD above, that it didn't happen. Ridiculous.
The amounts being sold are absurd. I'll take them on the way down.
I don't post much, but I am still long and strong with VIIC.
I guess what I don't understand with all the negativity, is that what exactly has changed??? Unless you are playing a short game; before the massive jump, we were all still invested in the promise of what VIIC will do, and what will happen. I still feel as strongly about this company as before. This stock went crazy with no news, and only organic enthusiasm. Now it is falling, and for me this just seems like a time to scoop up more and wait for the inevitable commercial release or buy out that seems imminent.
More Music DD. As some of you know I am in the music industry so I did a little more digging to get at the "truth" of the ESMG/Iggy Scandal. Here is the official link to the distribution link
https://itunes.apple.com/us/album/inizio-from-the-beginning/id911173007
The product is no longer available in US stores. So either, it is an international only release, or it was completely fabricated via the breaking story below.
http://www.hollywoodreporter.com/thr-esq/iggy-azalea-sues-boyfriend-releasing-733758
Either way, iTunes has officially pulled the release from distribution in the US. I am glad that PMCM is distancing itself from ESMG, but I wonder what the real relationship is/was, and if the same people are involved with both regarding press releases etc... I am deeply invested and long, but this has definitely shaken my foundational belief in what was happening. Thoughts???
The part that gets me, and has me up late thinking, is that an official press release was released that was completely fabricated and false. The entire Iggy scenario was contrived by the Maurice Williams (Hefe Wine), and no one at PMCM bothered to verify whether this was false or not???? Or the worse scenario is that they new it was false and released it anyways.... Unless I am missing something I feel like we are left with either ineptitude or maliciousness, and both leave a bad taste in my mouth.
http://www.hollywoodreporter.com/thr-esq/iggy-azalea-sues-boyfriend-releasing-733758
IMPORTANT IGGY UPDATE
Hey all, I found this article. Very troubling indeed. Read for entirety. As in my previous post SONY ATV is a publishing company, not a label or distributor so it has nothing to do with PMCM or ESMB, BUTTTTT but this is very sketchy... very sketch indeed. More vetting must be done of course to discern the full story... This could maybe be the reason the company is splitting????
http://www.hollywoodreporter.com/thr-esq/iggy-azalea-sues-boyfriend-releasing-733758
That is a publishing deal, not a label deal. Sony ATV has nothing to do with label or distribution, they handle publishing ie (licensing for movies, tv, commercials etc.) no worries here, long and strong!
I'm a very silent long. Been here for awhile, staying and locked.
Thanks man, finally decided to break my silence haha. I believe this machine is still headed in the right direction and I have been pretty impressed with all of their moves. Long and strong! :)
I'll do my best I suppose. DD is all we can do, and I really do try and research the few companies I invest in, and like I said, I do believe that PMCM is doing what they say they are doing.
I think the partnerships/acquisitions of Suzie Q's, CanMED, and the most recent deal entering with Seattle Green Care together form the same kind of strategy they are building with their music.
Lastly, the new agreement surrounding Fierce Entertainment echos that of Lionsgate (who makes the lions' share of their money from independent distribution).
All of this together seems to be a common thread surrounding the distribution of medium be it MJ, Music or Media.
This is my own DD, and of course comes with the hope that we are just not being flat lied to, but from what I've seen and read on all of the various websites, it all seems to point towards a cohesive unit of operation that I am very excited for. I do understand and sympathize with the effort and time it takes for a machine of this size to get moving, but I really feel like all of the pieces are in play at this point. We are just waiting for a few "red tape" issues, like the license (which is coming). So while I would never put this as an overnite success, I think the longterm with this company is very exciting, and will only grow. Iggy is a catalyst for the music, suzie q's was a catalyst for the MJ, and Fierce will be a major player in international independent distribution.
My two cents of course, I'm just another hopeful investor. :)
Great to be here, been with PMCM, And here on ihub reading for a while now, about 4.2milly in PMCM and long of course.
Couple answers for you. Yes, they need WEA. Any "distributor" uses one of the big boys (WB, Sony etc) as a chain because of their various license agreements with the literal thousands of electronic vendors that exist today, in the various territories. This is common practice in the industry. Essentially they have a percentage deal with WEA to distribute music through their label/distribution ESMG. Iggy's upcoming release is being distributed by ESMG.
As to your next question about album sales, that is a crystal ball question which I can't give any concrete information on. I'm sure it will do well, as her previous release did tremendously well. The point here,\ is that they are building an artist "stable" of sorts to have a positive revenue generating label, which these days is incredibly hard. Between the new acts they just picked up rights for, this is a very diversified company with powerful things developing on both the music and MJ foundation, imo of course.
I have not been able to find a lot of info on the properties.
The MJ stuff looks the most promising as a dispensary, and I am very excited about the team they have been putting together.
IMO, it is all about networking and creating a team. Like their music arm, with distribution and a strong stable, it seems like the MJ is following suit with dispensaries, distribution and branding. I can follow and support the business model because it is one that is at home with what I do, and similar to their approach with the music. Just my two cents.
I hope that helps. Good luck to us all!
For the constant trolling that occurs here, I just wanted to make it clear. I am in the music business, so I have a pretty good idea how dist works, and Iggy is ABSOLUTELY on PMCM. Their music distribution wing is called ESMG (eat sleep music group), and is pushed through WEA which is a part of Warner Bros. I too know this because I personally work with WEA with my own career. This is a tangible company doing many things, and just because it is moving slowly does not make it false. If you were expecting to be a millionaire overnight, I am sorry, things take time to develop. I fully believe in what has been laid out here due to my own DD.
Here is the URL for the upcoming release, this month, notice who is releasing the record in the bottom left corner. You can also vet distribution via allmusic.com . Lastly artists rarely if ever go out in PR plugging the "companies" that work behind the scenes, branding does not work that way so do not expect it. You brand the artist, not the company creating the brand.
https://itunes.apple.com/us/album/inizio-from-the-beginning/id911173007
Holding long and strong with this one! While development has been slower than some of us would hope, it has been developing in the right way. PMCM!