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Well, not Aurora, they completed their acquisition of Hempco food and fiber today. Many others are looking to acquire access to the US market also.
It's quite possible that the unrestricted shares will go to a big Canadian stake holder, let's say Aurora for example, who produces high quality CBD. For .5 to $1 per share. The Harbinger report discussed that possibility, we just don't know yet.
Saw it with CVSI, payoff of remaining debt is a huge catalyst that I would really like to see first, the best possible use of the additional shares that were unrestricted earlier this year.
That could easily happen. POTN saw 35 million a day over a year ago when it ran to .95 before audited earnings and 25million in revenues. This year they are expected to increase that by 40%. If CEO Hagen shows us the money, share price can go back to $1. But- we need to see debt paid off and increases in revs and earnings, the payoff for the investment in marketing and employing an army of salespeople.
Up 23% on almost 10 million shares traded. You can't find much negative to say about today's power hour. I hope it continues tomorrow when we get the press release (???).
And remember- just the NEW CBD oils brought in 1.1 million in May.
https://finance.yahoo.com/news/diamond-cbd-expands-cbd-oil-120000844.html
All have exited already, the only direction is back in lol, and with the upcoming good news POTN goes up.
No chance of reverse split- ridiculous, and filings would let us know in advance.
It's amazing how sentiment turns on a dime- especially in this sector. If shares have been sold by POTN in the last months and it results in a PR announcing debt has been resolved, followed by uplist and a great Q2, this thing will fly. Heck, have you checked Bitcoin lately? Smart money looks for beaten down shares with high potential.
With the incredibly high uncertainty and trade war crazyness roiling markets for the forseeable future, it's not a great time to have stocks in general. High risk sectors and OTC markets get hit the hardest. Still, stocks can buck the downward trend with the right catalysts.
Fortunately with 35 million in revenues projected for 2019, this stock can turn around on a dime with the right news. If earnings are 1 million this year, quite possible, then they will be up about 500% over last year.
Your opinion. Mine is .10 by end of week. On a larger scale, I also think that this year will be the year that CBD will be distinguished from medical or rec MJ, and CBD growth and sales will forge ahead faster while legalization of MJ slowly rolls out.
Opinions should be ended with IMO in the perfect world. Do your own DD before you make decisions about trading, ask for links to claims of fact. IMO we will soon see a PR about debt resolution explaining that the additional shares that were converted over the last months were used to pay off Vacarro. I think that this is what it would take to turn around the share price. Follow that with uplist and higher Q2 revs and we could rapidly be back to .30. This was more or less the sequence of events that brought CVSI from .50 to $5 last year, in addition to their resolving their SEC problems. It's very reassuring to me that Illiad Research, an investor in CVSI, valued POTN shares at .45 in Q1.
Most of it BS, they didn't even get the accounting firm correct.
Canopy earnings are not going to help this sector today, revenues down from a year ago.
And we know that POTN made over $1.1 million just on NEW CBD oil products last month.
It won't be long until POTN share price reflects revenues, and we get Q2 revs in a month or so.
https://finance.yahoo.com/news/cbd-oil-true-power-consumer-142857421.html
Everything seems to be running 6 months to a year later than expected with POTN, although they have done everything promised- eventually.
For those of you who incorrectly called Illiad Research a paid promoter, please see the audited annual report p. 6, where I have copied the table showing that this company has given POTN a loan in return for shares valued at .45 per share, what POTN should be trading at soon.
https://backend.otcmarkets.com/otcapi/company/financial-report/218314/content
From the report:
Conversion Terms (e.g. pricing
mechanism for determining
conversion of instrument to
shares)
Name of
Noteholder
Reason for
Issuance (e.g.
Loan, Services,
etc.)
10/25/18 $1,500,000 10/25/20 Fixed price of $.45 per share Iliad Research and
Trading, L.P.,
Loan
2/08/19 $1,125,000 2/08/21 Fixed price of $.45 per share Iliad Research and
Trading, L.P.,
Loan
And quarterly revenues have not risen since then. Hagen needs to show us the money with an increase in revenues this quarter. The new sales force will surely have substantially increased sales enough to show in the upcoming earnings report.
In addition to the positives you listed below, POTN has high volume, high interest, is the most undervalued based on revs and has the most upside potential- when they show acceleration of revs (which I believe will be Q2). Slow resolution of regulatory issues issues has depressed the whole sector this year so far IMO.
"To me, the current CEO and largest shareholder Mr Hagen is slowly trying to right the ship while increasing brand awareness and recognition. There is in my opinion NO Other CBD competitor with the same amount of Quality Products or Product Lines out on the market right now. That is a pure and simple fact.
Diamond CBD to me is hands down the best. And the more the professional athletes take notice (like Hall Of FAMER Shannon Sharpe who uses Diamond products for over 2 years now and takes them while on air on his show Undisputed), the greater the market share Diamond CBD will eventually command
Thanks for taking the time and sharing the research.
The largest share holders are the CEO and the early investor Vacarro. They would not be stupid enough to completely devalue the future potential of their shares by a reverse split or large dilution. They will make tons of money when they show rapidly growing sales and revenues because of the increase in salesforce, products and new sales venues for the rapidly growing CBD market. Combined with the stability of uplisting, new and old investors will pile in. We know the floor share price for 2020 is above .45
"these new CBD oil products brought in over $1.1 million in sales in May alone."
Did you see this line in today's PR? JUST the new products made $1.1 million in May.
PotNetwork Holdings, Inc (OTC:POTN) has been another stock with growth potential that we have been watching. The Company generates more revenue (FY 2018 25.2mm) than the three other companies we discussed combined. POTN reached highs of $1.00 in 2018, and is certainly well undervalued trading at $0.075. There is huge potential with this stock to have run up, especially with its track record, investor base and underlying business. This is one company that we would not be sleeping on.
https://cannabishempwire.com/latest-news/f/breaking-news---undervalued-stocks-in-the-consumer-cbd-market
POTN = Amazon.com of CBD Two day shipping!!!
A large sell followed by a large buy of the same amount is a prearranged sale. We have seen several in the past month. IMO somebody is taking a large stake in POTN. Good news is coming soon.
POTN is so cheap that I wonder what the buyout price would be- I hope .45 is the basement under the floor.
I expect to see more positive sentiment in Q2 with an overall jump in revs for MJ and CBD stocks. Biggest jump in share price will be POTN.
Illiad Research DD puts POTN shares at well over .45- they know something we don't know...
The new sales force has been in place for 1-2 quarters now. POTN should see a big jump in revenues on the upcoming earnings report, hope to see higher net earnings also.
Exactly what I think. Two possibilities come to mind, a distribution deal with a big box national chain retailer with the deal having been inked early this year when the press release indicated that Hagen was in talks with several (this will be finalized and announced to the public when the FDA gives clarity about edible CBD), and debt being resolved in a manner beneficial to all shareholders.
Announcement of a partnership with a national chain store or payment of the note held by Vaccaro will drive the share price as much or more than uplisting IMO, and can occur any day.
I think the govt shutdown caused back logs in many depts, for example my tax check to the IRS still has not been cashed. That said, I wonder if there is a delay to SEC registration for the same reason that there is an insufficient info warning on the OTC web page for POTN. Whatever the reason, I think that it will very soon be resolved or the press release would not have said uplist in first half of year.
Do you have an idea about what the OTC yield sign for "limited information" could be about? Seems to me it could be about shares that are in litigation with early investors causing unknowns about how many may be owed in judgments. I suspect that POTN will not be able to uplist until these issues are resolved and share structure is cleared up. Since the company felt confident enough to announce in a PR that uplist would occur this month, I suspect we will soon see a PR about debt to Vacarro being resolved.
Good article about the pet CBD market, and keep in mind that POTN Medipets is one of the first to market and has won awards.
https://nicinvestors.com/2019/05/23/you-already-own-this-big-time-pet-cbd-player/
Congratulations, you are in for a ten-fold profit in the near future.
The shareholder info is on the OTC website in the company disclosures- if you want the facts rather than some wild claim about toxic debt- just click here.
https://www.otcmarkets.com/stock/POTN/disclosure
This marketing should help get out the DiamiondCBD brand name in Europe....