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Don't get me wrong, I am bullish on the company, but I think we need to be 100% truthful when sharing information. I couldnt give a lick about any marijuana index. What I want to to see is revenues and I want to see them before the end of the year. The stock will move on speculation but certainly on revenues.
Listen mon, they dont actually meet the criteria of market cap (but they could with a move over 8.5 cents) and certainly not daily volume of $20K or share price of a dime (but again that could not be far away).
"Companies must meet minimum trading requirements to be included on our marijuana stock indices. Each company is assigned a daily Trading Score based on a weighted average of its volume, market capitalization, and share price. To be included on our indices, companies must achieve a quarterly average Trading Score of 20, which equates to a minimum market capitalization of $10 million; daily volume of $20k and share price of $0.10. All dollars in $USD."
In fact ANY ticker could be put into the URL of the web site and its information would get listed and would "appear" to be in the index, for example Microsoft:
http://marijuanaindex.com/stock-profile/?qm_symbol=msft
So, respectively, tell me what info you have proving they are in the index (since they are not one of the 20 or so companies listed) and provide a web page that actually has a link to the CRTL link you pasted in your post.
yeah yeah, I know, I just wanted to make sure the masses reading were not misled. Obviously someone or some people just want out, maybe they need the money, and I get that, so be it.
that's interesting, but when I look at the list there are only about 20 companies - where is the complete list of companies?
That is not necessarily good, b/c when this index collapses, and it will collapse in my opinion, this could be taken down with it. But honestly, I don't see this as a marijuana company, granted they have the hemp t-shirts, but the big money is in the jeans and I dont see how that is related to marijuana.
Mjam what I was trying to say was when the time comes that the .0001s are being taken out. Then DONT SELL.
This is a positive end to the week. While the buying has not been super strong, the selling appears to have abated. Let's see what they can do post election.
My understanding is that we're real close, just hang tight. And while the details of how things end up working out on the permitting and mining operations may shift one way or another, my understanding is that they will be mining for gold, period.
What I have learned through all of this is that the entire process start to end should expect to take a long time, and that sophisticated investors already know this and are likely more patient than people like me who have defined the wait as forever. I'm less concerned than ever at this point. I'm closer to being more concerned about the concentration of the gold reserves vs. whether mining will ever get off the ground. LOL
I'm told, do not sell your shares. No details, but do not sell, not now.
thanks for pointing out new web site
I come back here to check on things and you all educate me, I thought it was supposed to be the other way around. Nonetheless, as I have been saying many many times, XCLK will rise from the ashes, I am fairly confident of that. My take is that the chances of that happening are dependent on things outside of XCLK in and of itself, on how things play out on seemingly "unrelated" fronts, let me just say that.
Man that ask is big, but it's basically 6 thousand bucks. Most of us here could probably take that out in a minute, and I may just consider doing so, but not unless I had windfall profits from other investments in which case I'd be willing to add to my position. I'd really like to, it's all about timing.
fully diluted is actually closer to 420 million shares
Prop continues to drop and today on huge huge volume, what appears to be the second highest in a year. I was a buyer today and would continue to be at these bargain prices. With like 9 million in cash, they should be able to make something happen. Fully diluted (390 million shares) would give them a market cap of around 10 million at 2.5 cents/share
It appears that the heavy selling might be done as this has started to recover but not a lot of volume. I am still anticipating a strong run at one point and I would expect a recovery to 5 cents and beyond before too long.
I received the alert from EPIC Stock Picks yesterday, thats after the stock has gone up 3x from a dime to the 30 cent peak, but I got out at 20 cents avg. since there was no news, just a long term technical bottom.
[MARKETING] MCWEF is our Golden Cross BREAKOUT Alert! Amazing Oil Tech + Barchart rates "Strong Buy"
COMPENSATION: Epicstockpicks.com has been compensated forty-thousand dollars cash via bank wire by a third party, Sierra Publishing Inc. for a one day MCW Energy Group Limited advertising services contract. Epicstockpicks.com does not own any shares of MCWEF. Epicstockpicks.com does not investigate the background of any third party. The third party may have shares and may liquidate it, which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company.
I am holding for huge gains in this puppy. I know I know, we havent gotten filings in almost a year, but they're coming. Just need to maintain patience and focus on other things right now.
The news is fine, but the stock is moving in the wrong direction. I am still a buyer here at these levels. There is no dilution that I am aware of and cannot imagine insiders selling at this point, who knows really?
My own due diligence has actually moved this to a buy from a hold (up to maybe 6 cents). I would say let's wait until end of the year and make a determination if this is a scam or if this is legit. I would not be surprised to see this really take off actually, and I am positioned exactly for that. Let's see what they have to say this week.
Yes I just saw both of those pieces of information.
No fraud persay, thank God, just BAD business practices and not following the law. LOL. I am not happy about it but I consider this minor in the big picture of things.
The share count has ballooned for sure. My hope is that the stock can take a jump when they start mining and further when they starting announcing gold mined, BUT, there would be a cap on share price based on the outstanding shares. But as I have also mentioned, many people may take the gold delivery option, and if they do, that number could turn out to be a lot less. I talked to someone the other day who deals with a lot of the miners and knew about the ITEC deal and pointed out having never heard of such an opportunity of offering gold, which really is a cool idea and may even end up being the route or partially I take, I dont know yet.
MJAM I know some minimal info but I dont feel comfortable sharing on the board more detail as I am not authorized to, but in essence it's the same as I have been saying, they are going to get current with the filings. Let me see if there is anything I else that I can report and if I can I will do so.
Not to sound like a broken tape recorder, but my understanding is that we are closer than one might think to starting to mine. I know that sounds hard to believe, but i believe it to be true. This should be interesting. Part of me is so anxious in waiting that I dont even care if there is gold or not, I just want to see that desert dirt dug up. Sounds crazy I know, but this is what happens when you feel like you've been waiting forever.
The stock is so dead, and this close, nobody appears to be paying any attention whatsoever. When they make their announcement, I cant help but imagine there will be at least some trading volume, irrespective of share price.
yep, I took some off the table late afternoon after missing the opening bell spike - should have been alert for that. I'll continue to take off the table, as I dont have any news to back up the price increase except for the fact it appeared that a bottom was being put into place over months. Can't go wrong taking a profit.
sometimes these things take time. Most of these stocks get their time in the sun, this one's just started and so let's be fair and give it some time to develop.
yes it appears to be a delayed reaction to the high volume we saw, and continued high volume for that matter. Would love to see this keep moving in this direction with some news to back it up.
What I have learned is that these sales are not necessarily ones that ordinary traders will be able to capture. It has happened to me a number of times that my bid is overlooked and a super low price is hit, it might be market makers doing some activity.
Anyway, today was a record day of shares traded for this stock (a day in July looks awfully close) and minimal movement (10%) of the stock, which I find to be very strange. While it appears that 9 cents was a bottom, I would like to have seen it move to at least 15 cents on volume, but it did not. There must have been (so far) a tremendous amount of inventory that people want to get out of, but at this price, it makes not sense to me.
Depending on the path and volume the stock takes, I wouldn't start selling until at least 15 cents, but we'll have to see, maybe this could really run, gotta keep an eye on it. Certainly the Ask # shares is deceptive, as it often is.
It didnt move the stock today ...
I would have expected some movement since it's been a long time since the last release. I am going to hang in there for now and give this some time to percolate. I understand they have worked around the clock to get to this point. I will expect upcoming announcements on a regular basis, days and weeks, not months.
Note that the shares are largely locked out by friends and family which can be a good thing.
My understanding is that we should have news in October, hopefully better than what some of us might expect due to the lack of news. I believe they are working with the Army Core of Engineers on the wells. No formal news about the permit though, I'd like to see something with regards to that sooner than later. I just cant wait to see what they are able to mine - I am wondering if they will start off slow with existing processor or go direct to using Big Red or whatever processor they are settling on.
Say, your profile shows you joined iHub ten years ago but that this is your first post. Have you been patiently sitting on the sidelines watching for that whole time, or you finally decided to speak up? Welcome!
I am not a big believer in all of these technical analyses, but I suppose they might come through more often than not? Nonetheless, NETE will either spike again or slowly climb, and I just cant see it hanging around these prices for an extended period of time.
I see lots of excitement on this board in the last X years (NOT).
I continue to see this as a bargain at these prices, and I was able to pickup 80K shares the other day. At around 2 cents we're looking at a 3.8 million dollar company, that's just flat cheap. Insiders appear to own about half the shares, maybe more I dont know for sure.
Skimmed some off the top when it spiked last week and bought back in around here. I still have no idea how in the world it traded so many shares in a day and am still trying to find out the current outstanding share count. This has no business being at these low prices. I would skim off the top on any rally, whether it be temporary or permanent (not that we know the answer to that while its happening as evidenced by this last spike, hence the skimming to be prudent.)
The company has put out whatever positive news it feels it can, so we can't blame them for lack of news. But the market simply isn't crediting them, oh well, they will have to eventually, be it good (hopefully) or bad (which if it did happen I would think this price would have already baked that in).
Yes I believe it is getting closer. But I cannot really say any more on this board, but to be patient. I have had to be patient since I started buying into this two and a half years ago at between 3 and 4 cents (that's not a typo), so I have endured the pain way beyond more than anyone else on this board, and if anyone has reason to be bitter, it's me. There is no guarantees that's for sure, but I believe the time will come and the wait should be shorter than the wait so far (which let's say has been well over a year). But there's nothing that any of us can do to speed that up - the company will do what the company will do. On any rally back towards .001, well, I have learned my lesson, I personally would take some off the table to decrease my exposure, and see what news gets released along the way to hopefully make more informed decisions.
I'd be curious, has anyone on this board actually ever called and talked to anyone at XCLK all this time (I certainly have). I don't ever see that getting mentioned in all these zillions of posts on this board.
Ok so someone bought 14 million in 1 million lots into the close. How ironic, I was contemplating buying 10 million near the close as well but held off. If you see a bunch of buys of 999,999 in the next few days, it's likely me since Schwab cant do more then that amount in any single order due to their restrictive systems. Or I could use eTrade with a single order (if I fund it) without that stupid systems restriction.
So why buy? B/c eventually XCLK will file, and that alone should generate some kine of a bump, let alone whatever progress they make in their business.
The bid/ask has moved up a bit to 6.5/7.5
I have an order in to ease out of a portion of shares at 8 cents. If I could only get more visibility into their financial situation I might hang tighter.
So what makes them different than any other Alternative Reporter? Are you implying that any Alternative Reporter is a scam? If so then why bother even discussing details about the company if that is the starting point for all Alternative Reporters, of which there are thousands.
I just said that this is a hold for me, not a sell, and if I owned none, then I would buy a small amount. I said nothing about selling. I always announce what I do on the respective board (but not always in advance). I don't have a target yet on CRTL.
Also, they are up to date with their filings as of their last quarter (end July) which was posted last week:
http://www.otcmarkets.com/stock/CRTL/filings
They are an "Alternative Reporter" so there is no need for a 10-Q or likewise, as they are unaudited.
My research is mostly done.
While I believe that the company has good intentions, that they are legit, I want to see actual sales of clothing, regardless of quantity. Hopefully that is forthcoming, as my understanding of what was posted earlier about t-shirts and jeans for the fall is correct. Right now this is a hold for me, and maybe a slight buy for anyone that wants to take a position.
honestly, I believe that that is correct, and I am leveraged heavily in the gold miner ETFs, BUT....
As I have mentioned before, while a high gold price is helpful for ITEC, MORE IMPORTANT is for ITEC to just mine some gold, period. We know their cost will be low, so whether gold is 1000 or 1500 an ounce, they should do well. But they have to actually mine gold, and that right now is my biggest concern. We're due for a press release, as they should have the main permit by now in my opinion.
Outstanding shares 13,356,092 as of 6/30
So there was some dilution from May to end June and probably some since then (I have call into the transfer agent to find out), but that doesn't explain the volume for today - almost all the shares traded which would seem impossible with all the long term holders, though I supposed the same shares could've traded multiple times via day trading but, it seems a bit extreme.
On second look, that article referenced in earlier post about potential for bounce does not indicate what time it was posted. IF after yesterdays close, then I guess it could have influenced today since the price did jump up quickly from the market open (but not in the pre-market)
also it really didn't hold the big gains very well which is disappointing. I did take some profits in the 1.60s just for prudence sake.
This is unbelievable ...
Its 11:40 and almost 8 mill shares have traded hands, and the outstanding share count as of May 25 is 11.3 million. So while there could be more dilution since then, we're still looking at 50% of the outstanding shares being traded, SO FAR today. This is outrageous, it doesn't make any sense, but of course I am not complaining, I need to know how the heck it can reflect reality.
Yep I bought more at 1.12 and 1.04 these last couple days. It is a bit concerning to see it floundering at these prices I have to admit.
Things are happening, that much I can say.
The company will get up to date on its filings, I am confident of that. It could be sooner than later, or it could just be later.
But I do not know the plan on how it will forge forward from there. I would say that anything related to the Hillary aspect is likely dead at this point with the election so close or it would have been reported, but remember, the company is not just all bout Hillary - she was just the vehicle to be used to prove out the capabilities of what XCLK could do including the Ad Wheel that I have mentioned many times.
In any case, I am looking to recoup all of my investment (avg somewhere in .0004 - .0005 range) and even make some profit. Just need to be patient.
KittP, I now believe that what you said to me is correct
I will always admit when I think I am wrong, but only after due diligence which I have mostly completed.
I will comment further but for now I need to protect my investment and keep quiet until the next bounce, if and when it comes.