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Great point it is a revenue enchancement and cost savings for services at the same time. I would say by next yr more than half the states will have medical marijuana.
You have to live out here to understand that. Every special interest group and the greenies want it their way while pushing out all the business because you cannot run one out here profitable. They have a CA Air Resource Board that goes around fining every business ( small business if they do not have a cap on an aerosol can or cap on a bottle it is $45 penalty for each container) When they come around it is hundreds of dollars for a mom & pop store - it is unbelievable
I believe this is a more real number than the 14B for the country.
Boy with a 15-20% tax this would mean a tax revenue of 5B+ for the State of CA. So now I understand why so many states are rushing to get into the Medical Mary Jane.
I agree with you on this but with mutual funds buying into this pinkie which they hadly do I think something is up like I would not be surprised he will get private funding. On CA I agree with you I grew up in the Midwest spent time in NY and these people are living in a different world out here. They think money grows on trees so now I get it - It grows on tall bushes.
This business reminds me of the mom & pop video stores in the 80's before the big guys got in. I think Tom is trying to just ahead and make this more of a bigger operation than mom & pop shops. Your right no large corporation will get into it for a few years just because it is too controversial. So he know he has to move fast. I think Tom is a lot smarter than people give him credit. He figured out where the money is in this business model and knows there are barriers to enter this market for the big boys. It is not money it is preceptions.
Great post - The way i read it was 400k per one cooperative
I thought there was a huge buy at the end of the day.
you got am imposter mypennies2
I hope the next pr is about the retirement and they say they bought back shares.
It does not show what they are going to do for the next qtr.
Ya I would love to know the margins on that 400k of revenue per month.
Great post. I think these funds think he will figure out how to make a bundle in this new market. I am guessing he might have some private funding coming in for acquisitons if we see no dilution. At this time I do not think they are diluting.
Got my fingers crossed and hoping for the best.
They come out of the wood work.
Your welcome. I have heard it from people in the know that their libiality insurance will not cover these guys if they invest in pinkies - so why would they buy a little?? I have never been in a pinkie that had major funds own some of the shares.
All I can think is these guys are not allowed to invest in pinkies but these shares are so low that it would never effect them fianacially (most not allowed to invest in pinkies because their insurance will not cover loses)so the only reason to do a few shares is too prove they can find the next up coming new market and company in that field. More for advertizing down the road and to be be able to win new major new investors by showing we were out front of other investment houses.
Interesting who bought in Morgan Stanley, Van Kemp well known funds something is going on
http://www.mffais.com/hesg.ob
I thought you were out of money
I am wondering if some people in the know know what is in the PRs?
I am starting to question if it will be good by looking at the charts - not looking that good.
It will if it is good news not just telling shareholders what they are working on. It needs to have results this time. Vol is drying up so looks like the flipprs are mostly out now. So if it is good concrete news it should move fast.
I thought that was big buy at the end of the day.
Hope you right because we need to stop the down ward drift.
I agree I think they know they have to come thru with the meat this time for these next PRs are the party is over and the people that got in late will be burned for some time.
I am like you looking for a solid pr to stop this drifting down. All the previous were informational pr's stating what they are doing. Now the market is expecting some solid results to get the stock moving up. I am hopeful Tom will come thru but if does not them this will drift down.
Thanks I cannot get the buy sell to work here. reloaded java and still does not work
Can you post buys vs sells
It better be good because it looks like the market is not believing that he can accomplish what he has been saying. It has to have the updated on completing the stk retirement and something concrete on the business not just what they are doing.
Next week will be very determining to know if this stock will keep moving or take a breather for a while. If Tom has a convincing story and some hard facts of things accomplished we will go thru the last high and keep moving up. My bet is on Tom to come thru
I use to drive to cleveland a lot from indy before moving to the bay area
Mansfield on I77
Where in Ohio do you live?
I ageee he really knows the illegal side of the business. I personally do not care - he served 9 yrs I believe. I saw video on it here the Bay Area. The problem is it does hurt in the financial markets when raising funds this is why I believe he is letting Tom take the lead.
But it does hurt you if you are looking for funding. I believe Tom's background is more favorable for pursuing funding and investors.
I might be wrong but I believe MJNA's CEO has real colorful past.
Why would name funds even waste their time providing services for a company like this. What services are they going to provide?? Accounting I doubt it -- true most startups due provide shares for services but they are for accounting, lawyers to fillout and file forms, consulting and marketing services. I doubt funds waste their time to provide these services for a few thousand shares. There is more to this for why funds bought shares.
I have been thinking about why a fund would buy a few hundred dollars of a pink stock when most are not allowed too. I think it is for PR down the road. What I think they can say in PRs that they truely found an emerging company in an emerging market. And if any ones questions that claim they just show the records here of their purchases.
Same to you and lets hope Christmas is even happier. Keep up the good work.
My question to you how many funds buy pinkies??? This one the thing they changed my mind to invest big in it and mypennies postings. I hope us longs laugh all they way to the bank while the bashers cry this christmas.
New fund bought
http://www.mffais.com/hesg.ob
thanks
What group sings that song everyone must get stoned - and the name of the song. With this economy the states need the money and everyone needs to get stoned until the economy improves. This is a winner stk for the times