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Maybe the correction is occurring now as the price moves up to where CVSI’s true valuation should be when compared to its peers. I suggest that CVSI with their share structure, no debt and real sales in a market that is exponentially exploding should be in the $20’s.
200 yes
76 no
Is that correct
If I go to my profit/loss page in my TD Ameritrade account, something is showing up as undefined with the correct number of mining spinoff shares I should be getting.
I have a feeling that SRNA is being held down for the purpose of allowing someone to load shares. Too many buys for this to not move with the rest of the sector. I’m buying a little more here, I think any shares I can accumulate under .20 is a bargain.
1st qt financial report due May 15th
I have a gut feeling that Sessions is gonna be fired soon. It was his appointee that ok’d the raid on Cohen yesterday. I know it’s wishful thinking, but Trump has fired people for less.
That article makes me very hopeful that cannabis prohibition will be ending in the next few years worldwide. The international treaties are the biggest obstacle for countries to legalize cannabis. Uruguay is the only country in the world to go against these international treaties and legalize cannabis. Canada will be the second. Breaking an international treaty is a huge deal, and would be a huge hinderance to federal legalization in the US. If cannabis gets rescheduled on a world level, and with all the states already legal in the US, it will be an easier move for the feds to legalize the whole US
Efficiency will become the most important factor for growers very quick. Besides rules being changed for energy consumption, only the profitable growers will thrive. Prices of good high quality cannabis have gotten real cheap, even in Wisconsin. In order for the legal growers to out sell the black market, they will need to be more efficient at production. Those growers that have already invested in efficient grow houses are way ahead of their competition. Those who haven’t thought about efficiency yet, will, and be forced to upgrade. Surna is in a great position to fill the demand for efficiency in this industry. Once the cannabis companies have access to banking, Surna’s backlog won’t be from their customers not having the capital to expand as quick as they want, but from Surna not being able to keep up with demand. Accessible banking is the big catalyst needed by this industry.
From 3rd qt report
The increase in our Q3 2017 backlog is attributable to new contracts awarded in the third quarter totaling $2,385,000, bringing our total new sales contracts awarded for the nine months ended September 30, 2017 to $7,182,000. However, based on the current status of our outstanding sales contracts, we believe at least 50% of our Q3 2017 backlog could be recognized as revenue in Q4 2017.
I’m gonna guess and say the total new sales contracts for the whole year of 2017 should be $10-11 mil.
3.46% of Surna is held by institutions according to my TDAmeritrade account. When you look at the percentage of institutional ownership in other cannabis companies, it’s non existent. The fact that institutions have enough confidence to invest in Surna makes me think that I have made a good decision to invest in Surna as well.
Personally, I think the MM’s are trying to scare people into selling, so they can scoop up shares before a great annual report.
Remember the backlog of contracts that Surna was waiting to get paid from before finishing the projects. They said that they expected some of that backlog to be realized by 4th qt. Combined with Canada ramping up and building greenhouses before they go legal this summer, expecting more then just flat numbers. Canada is unlike California in that Canada LP’s don’t have any hesitation in building this industry. Their govt is behind legalization for the most part. Here in the US, I believe that there is fear of investing too much into infrastructure, if the US feds decide that they are gonna come down on legal states. Doesn’t appear the feds are gonna do anything in Cali, but I’m sure the thought is in the back of every cannabis business owner in the US.
I guess Its hoping too much for Surna to release it on the 30th before the Holiday.
I just did the same and ditto on Surna being my largest holding as well.
Qt 4 numbers are due March 31st with the annual report. So we’ll have those numbers soon.
One of these quarterly reports, Surna is suddenly gonna be cash positive with little to no debt. I just know it. Might not be the annual report next week, but maybe by first qtr or 2nd qt of 2018. Canada’s cannabis expansion has to include some hybrid greenhouses by Surna that get reflected in the next few reports.
Any guesses at what the year end #’s will be? I have a feeling that Canada’s green rush is gonna benefit Surna tremendously. With Canada moving full steam ahead and LP’s dramatically increasing their greenhouse square footage, Surna has to be getting a decent piece of that business. In the end it’s gonna come down to who can grow quality cannabis efficiently, and that’s gonna take a lot of efficient greenhouses especially with Canada’s climate. I would really like to hear about the efficiency of Stephen Keens Surna showroom. He has to have a crop or two done by now. Wonder where his cost be gram is at?
Your post makes no sense. Even if Kodak coin is a flop, it has no effect on the s9 miners.
The list I give people who ask, simply includes the ticker symbols and description of what the company does. As long as no one considers it spam here, my list includes
TWMJF, SRNA, SPRWF, NXTTF, BLOZF, EVIO, OGRMF, & KSHB.
I then tell people that I watch roughly 50 other cannabis stocks and there are really hundreds out there, but these are the ones I have some level of confidence in. I also tell them that if I had more money to spread around, that I would be in more.
Interest in the sector is not dwindling. At least not from my perspective. I have an average of at least 2-3 people asking me about my cannabis stocks each week. People that I know don’t normally have anything to do with cannabis. People asking me because their Dad was wondering what is going on with cannabis stocks. I’m seriously thinking about starting a weekly meeting for people interested' so I can explain what I know to everyone all at once. As of now, I have a document with a quick summary of cannabis stocks that I print out for people. Interest in the sector is as big as ever. It’s just a matter of time.
Is coin stream gonna be a part of the mining spinoff or part of GBT?
Our involvement with Kodak is limited to their coin offering. As long as the Kodak coin is worth more than $0.25 a coin when it is offered, Global Blockchain will be money ahead. If it’s lower than that, we sell and move on to another blockchain investment.
Almost at our 10 day ave for volume. End of day should be exciting.
Only 7 trading days (including today) to lock in shares of the spin off mining company.
A very positive court date for Alexis and the other plaintiffs yesterday. I am surprised that there hasn’t been much talk or excitement about this event. The whole industry remains flat when a Judge has actually admitted in a courtroom that cannabis has demonstrated medical use.
https://www.forbes.com/sites/monazhang/2018/02/14/a-lawsuit-against-sessions-could-be-the-one-to-legalize-marijuana/3/
Anyone know how or if we can listen to Jeffrey Beauregard Sessions and the DEA try to defend their stance that cannabis has no medicinal use against 12 year old Alexis, who uses it to stop her seizures?
I hope they move into using blockchain for personal identity, and blockchain for decentralized data storage (replace the cloud). So many uses for blockchain technologies beyond crypto currencies. A spin off for each use?! Possibilities are truly mind boggling with this truly disruptive technology.
4th qt is the annual report due the end of march
End of march
Short term, maybe, but every day that the Feds & Sessions let Cali recreational sales go on without interference makes it that much more likely that they will not do anything to interfere. Looks like. Ingress is finally starting to work together on the Budget. If they don’t give Sessions money to go after cannabis, then he can’t do anything to stop it. Most of Congress is in favor of legalizing cannabis. Maybe now that they are starting to work together on the budget, it can rollover into other issues.
I can not believe that Numbers from legal recreational cannabis sales are not out yet. Anywhere, from anyone! You sure would think that with a change this big to an economy as big as California’s, somebody would be getting the numbers together from the first month of recreational sales. Colorado had numbers right away.
Something is coming. This is being pulled down hard this morning on no volume.
The $2mil investment into KodakCoin shouldn’t affect this company as much as it is. Considering they raised over $40 mil to invest.
Global Blockchain Technologies Corp. Announces Upsize of Previously Announced Bought Deal Private Placement
Source: PR Newswire (Canada)
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/
TSXV: BLOC
Frankfurt: BWSP
OTC: BLKCF
VANCOUVER, Nov. 9, 2017 /CNW/ - GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. ("Global Blockchain" or the "Company") (TSX V: BLOC | Frankfurt: BWSP | OTC: BLKCF) is pleased to announce today that it has entered into an amended agreement with Canaccord Genuity Corp., acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (the "Underwriters"), to increase the size of the offering by an additional 3,900,000 units and increase the Underwriters' Option (as defined below). Under the amended terms of the offering, the Underwriters have agreed to purchase 15,700,000 units of the Company (the "Units"), on a "bought deal" private placement basis, at a price per Unit of $2.55 (the "Offering Price"), for total gross proceeds of $40,035,000 (the "Offering").
I have a feeling this is gonna act like a rubber band. Harder it gets pulled down harder it shoots up!
Your right, but Global took over this ticker symbol in mid to late October, restructured the share structure and opened around $2.25. The trading since Oct represents Global, the trading that happened before represented another company. But you already know this and are misleading others on this board. How low do the people paying you to spew misinformation want you push this down? Keep up the good work, I am ready to buy when you are done.
This company has only been in existence for 4 months. A year ago, this ticker was representing a different company.
This company has roughly 30 mil shares and owns 8 mil KodakCoins. So each share of Global Blockchain owns .267 of a KodakCoin. For every 4 Global Blockchain equals 1 KodakCoin. KodakCoin was speculated to open around $4-5. Now with all the interest from the 40,000 investors, I would think the price would move up even a little more.
Kodak is launching new cryptocurrency which will based on KodakOne Platform specially designed for Photographer to protect or secure their work in Internet world means it is focus on Image Rights and ownership for Photographer and this platform will create an encrypted, Digital Ledger, KODAKCoin allow to user to create copyrights of Pictures and then after receiving license they can sale their work on Secure Blockchain of KadakOne, as this cryptocurrency news already confirm by Official of Kodak on their website and they put information and about Kodak coin and also set sign up button in which user will get latest updates on Kodakcoin cryptocurrency, as Initial coin Offering will be starting soon, which will be published on Kodak.com and there are some unique benefit via Insurance of KODAkcoin and also first few user will receive some amount of bonus amount, so Kodakcoin is future photography world because it provide you Web crawling, then gives protection of image uploaded IP, then also real time usage of Image also detected and also license process will be simple or easy to use so anyone who having basic knowledge of computer can handle their work with more safer and secure way.
KODAKCOIN ICO PRICE
Kodakcoin ICO will be sponsored under Government regulation in which there is involvement of Insurance via SEC Regulated Initial Coin Offering (ICO), so just sign up for latest updates and prices will be notify to user and till now Kadakcoin is not yet listing on coinmarketcap.com means once it officially listed on this portal then actual price will revealed to users, but considering future Buying this coin will sure give you good profit amount in future. As Kodak share Price fluctuating in between 3 USD to 5 USD and has average 4.5 USD price, so there are huge chances ICO price will start with nearly 4 USD.