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"Pazoo management team has also narrowed down several target states as strategic added locations for Harris Lee's next expansion phase."...SEVERAL...This is not a flip. This company will explode in 2016 thru 2017!
We secured a location for Oregon! Goal to be open by October 1st!
http://ir.stockpr.com/pazoo/press-releases/detail/1522
PZOO/Steep Hill Labs Investment Group is the Facebook page
Pazoo CEO, David Cunic, posted this on the PZOO Facebook page today:
"I have a quick break between meetings with shareholders and potential investors, I just wanted to make a quick comment: I can NOT comment on where the stock will be and where it will go, rather what I can say is to look at what has been accomplished in a very short period of time and where things are going. Pazoo was just put into the MJ sector less than 9 months. We orginally had 40% of MA and assocites and now have 100% of it; We orginally had 55% of Harris Lee and now have 100% of it; We secured our relationship with Steep Hill labs and the first right of refusal; we have secured 3 states to do testing in, and they are 3 of the biggest players in the MJ sector. With one of these states having a pre-existing lab that generates revenue. Out of demand, Cannabis King Distrubution was formed, which we have 100% of. There are 3 solid verticals and revenue streams which are in place and that will emerge. I could go into more details, but it would be repeating what was is already known. I need to get back to meetings, but will post something tomorrow"
Looking at how the Department of Agriculture is progressing in Nevada, I believe the Las Vegas and Colorado location will both be open within the next 30 days! Las Vegas is more important. They want to be the "gold standard" for the industry. The State already gave Pazoo the #1 ranking in cannabis testing. Thus, nationwide as other states model their legislation and testing standards after Nevada, they will also be seeking out Pazoo!
Now...wouldn't you say that this is most beneficial to Pazoo than any other company...I would!
Nevada Medical Marijuana Association Executive Director Will Adler said the state's strict rules — based on Colorado's system — will stave off problems once dispensaries get off the ground and become a model for other states.
"We tried to write the law that would be the gold standard for the country," he said.
Nevada's regulations include "seed-to-sale" tracking to trace marijuana to the source — a measure aimed at preventing black market marijuana from seeping into the system, or thieves from taking pot out. The Department of Agriculture also is working to finalize a pesticide testing process that screens for 30 to 40 different chemicals, the first such system in the nation.
I see them paying it off. Also, you have to remember why they needed so much. They were raising money to establish a huge footprint by opening 3 labs in 3 states! They had to do this prior to producing revenue if they were to be in position to sign contracts with growers and dispensaries once they were given the green light to grow. Now that they have been paid for, the revenue they produce should help them payoff a great deal of debt.
Banking is the reason they had to get creative with financing. It had a negative effect on most MJ sector companies because they were forbidden from doing conventional loans with the banks. I wish people would understand this!
It's a great investment! Just struggling with the effects of slow government right now!
I agree. I've loaded up with the intention of keeping the majority of my shares through the 2016 election. This year will be great! 1) 3 labs opened within the next few months giving the company steady cash flow 2) They'll most-likely continue to pay off their convertible debt as they've been doing 3) Looking to expand to 2 more states (total of 5) by years end 4) Several states will be legalizing marijuana in 2016 and 5) Still partnered with exclusive rights of refusal with Steep Hill Labs, the #1 cannabis testing technology in the nation! Name one other company in this sector with a larger footprint and/or bigger growth potential?
You have to read your investment. Sometimes you'll make a lot more holding a bit longer. Don't get stuck in the quick flip mentality you see on these boards. You'll miss out on a lot off opportunities if that's the only way you trade
Pazoo is definitely not a scam! The only thing they are guilty of is delays. Most of those delays are due to government working out details on new legislation while simultaneously working at government speed, but a few are still the company's fault. It's still the same company. It's positioned nicely, it has established a nice aggressive footprint in the industry and when the doors open, Pazoo is still the #1 ranked cannabis testing lab in the nation! That speaks volumes! Everything will come to fruition, but patience is required. You'll laugh at how you questioned this company a few months from now when you're looking at your profits!
You do know that Authorized Shares are NOT the same as Outstanding Shares. You can have 1 million A/S or 100 billion A/S and it still has no effect on PPS. The only number that does is O/S.
660 million
It's not meaningless if you are holding and get in at these prices. Not everyone is a trader. If you are not a trader, but you are an investor; now is the BEST time to buy!
Accumulate! Accumulate! Accumulate! Accumulate!
Love this company and their future more and more as I continue to be floored when I conduct my own research on the company.
I'm definitely long! Show me one single other MJ company who is establishing a larger footprint in the industry. You won't! This will eventually explode!
This stock is a great play! It's even better positioned now than at anytime. If you get in at these levels, consider yourself luck as hell!
Don't worry. We've all been through this rodeo before.
I'm adding as much as I can!!!
Why...the Authorized Share count. Company already stated months ago that it was done to maintain a controlling interest in the company. You will never see that become the Outstanding Share count. Amazon has 5 Billion authorized shares for the same reason. Remember Authorized Shares are NOT the same thing as Outstanding Shares! It's investing 101.
I've done a great deal of research in this company and I can tell I feel 100% it's a great investment! I never say that. Very good business plan with a great deal of transparency.
WHERE IS THE 10-Q???? Seriously...
I know. So many variables: legalization, downgrade in drug classification, dilution, mandatory testing by states, # of facilities opened, etc. Thats why it's interesting to hear different points of view because there so many variations to which future we are looking at. Not only for Pazoo, but the industry and culture as well.
Just for fun! Where do you see PZOO in 5 and 10 years? Be realistic.
No way!
In all honesty, PZOO has set themselves up to be one of the biggest success stories in the MJ Sector
Getting ready to explode!!! This doesn't even include the latest PR's!
http://www.cohengrassroots.com/Reports/PAZOO_04_08_2015.pdf
Higher lows equating to higher increases in pps for longs!
I'll sell off and buy back in lower
Be prepared for traders to take profits! This will fall again before it bounces higher
I don't think CANL can compete with PZOO. I think the pendulum is starting to swing in PZOO's direction.
.025 with Colorado
.05 - .10 with Las Vegas
.10+ with Oregon
Now for full disclosure...the company addressed the late filing the very next day! They apologized and explained how it was their fault as they had directed their resources towards the expansion, Colorado and buying back the convertible debt. They also announced they hired an additional financial consultant to ensure it a late filing never happens again. This is a fully transparent company making great decisions. It will be out next week.
What amount is that?
Not gonna happen
The only ruling is tomorrow's judgement in California regarding the schedule classification of marihuana. How would that get leaked? I think people saw the dips and bought in preparation for a good judgement.
The whole MMJ sector is pathetic today
Why would PZOO rush to open when The State if Nevada said there is a delay in formulating the testing standards? PZOO is doing the the right thing! Why would you want them to throw away money towards overhead when the State isn't allowing there to be a product to test yet?
The whole mmj market in Nevada is being delayed because of the State trying to set new pesticide testing standards. PZOO didn't do anything! Everyone including dispensaries, growers or testers are delayed. PZOO is still doing great!