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What I don't understand is how these folks would advocate for the SEC backing off questionable penny stocks? I have owned some of these things in the past but after finding this board I am less likely to buy anymore in the future unless I KNOW the people calling the shots aren't working with crooks behind the curtain.
Some guy is mad that PHOT was suspended? Sorry he lost 80% but seriously, does he not understand he is advocating for rules that would allow P&Ds and ponzis to run wild?
PHOT did some bad things and should have been stopped. I owned FITX for awhile and believed Bill. Seeing his antics of late are making me realize that is not how a public CEO should act. Weird how that one hasn't been suspended.
SHT Organic Resources. Did they think that name out? SHT add the I and you know where it's going. LOL.
Wrong. Many others have floats 10 times the size of ours. We'll move with more news in the future.
Makes more sense to have 1/2 your shares trading at 10 times the current pps.
Huh? This is a penny stock, not google. When they start to show some revenue growth then it makes sense to retire shares. Until then, accept it. I've traded MANY of these and I can say that you are living in fantasy land if you think a new penny play is going to retire shares this soon into their growth.
These guys show no interest in moving there pps higher.
Really? Very untrue statement or else they wouldn't release these fact based PRs at all.
So what you tell me is you want them to waste resources on scummy stock promoters? That is how many of these penny plays move up.
Here is the reality, the MMJ stock boom seems to be over. Now these guys will have to keep giving us good news after good news to build interest. THAT is how most penny stocks grow.
Either Chris is paranoid or he's just plain out of touch. Short sellers are now hacking e-commerce sites of companies they want to see go down?
Argh. I considered investing here but that kind of email makes me back off 100%.
Wow. Just wow.
You mean Bryan right?
For once some quality work done by the congress!
Float is under 2 billion. Restricted shares can't be counted since they can't be sold.
The news they've provided is transparency. Better than the fluff PRs I see elsewhere.
TTD$ did the exact same thing before it ran.
It's a solid news item. Hope it isn't the only one we see for a bit BUT it's a good solid start.
How is it fluff when a board member verified the info with the site owner? Fluff is telling me that there will be a meeting at a specified location or that the company licensed some unheard of "trademarked" product to license to other unnamed entities when the financials do not bear it all out. Fluff is when a pinky sends out a PR telling me they are merging or buying out another pinky owned by the same shadowy players that own the other company OR they are being purchased by an unnamed player. I've seen it all.
See I have invested in many of these, like I am sure you have, so fluff is when some CEO is always releasing PRs to pump some unverifiable claim.
If it was fluff, he'd have said something like "a top vapor products website". To me THAT would have set off alarm bells. He gave us a name knowing many would go and verify.
Not fluff when it's backed by verifiable info.
The only skepticism I see is you. I looked up some MJ plays today and many had good days. Sure, some are being watched but those are run by execs that talk all day and leave many unanswered questions. Stocks like this and TTD$ are run by executives that want to find money making ventures and products to build a business with.
Also why use the caps? It seems as if you are yelling. Makes me realize I am right...the stock did not close red and it will run.
Volume is good and consolidation is solid. I've seen this before MANY times. I am not a noob and price spikes and declines do not scare me as long as the L2 looks solid. L2 was good today. We saw sellers but those are the typical flippers and noobs who have no stomach for holding and waiting for the inevitable run.
If many of the low end MJ stocks are trading for a penny or two, we will too. Great play here.
Let's keep shaking out the wimps and accumulate for the inevitable run! To those saying this will close red, I don't think so.
It's gapping. When TTD$, for example, announced what deals they were involved in (one of their first deal PRs) it did the same kind of thing but for days it went up and up and up. The same people posted what you are saying, it was not exciting, there is no deal, bad PR yet it went up over time.
So what? We got rid of the cowards and now the big boys can accumulate and hold for the next level advances.
Marijuana Incubator Group, Inc. Enters Into Letter of Intent to Acquire VaporTownUsa.com
7:30 AM ET, 05/20/2014 - PR Newswire
LAJOLLA, Calif., May 20, 2014 /PRNewswire/ -- Marijuana Incubator Group, Inc. (OTC Pink: AVOP) is pleased to announce that the Company has entered into meaningful negotiations for the purchase of VaporTownUsa.com, a profitable online vendor of top quality vapor related essentials. The terms of the acquisition detail a 100% purchase of the entity.
The Company's intention is to further develop and equip VaporTownUsa.com to become a strong and competitive contender in its sector. The Company was launched in 2012 to provide a wide array of novelties and essentials to smoking, aromatherapy, and vapor enthusiasts. Contrary to big online vendors and local head shops that carry a little bit of everything, VaporTownUsa.com's focus is entirely on Vaporizers, with a distinct emphasis on premium Vape Pens and portable Vaporizers; leading brands such as Arizer, Volcano, Magic Flight, Atmos and DaVinci.
Marijuana Incubator Group, upon researching the marketplace, has discovered that comparable vapor related websites, have experienced considerable recent growth, since the process consists of the timely and unmarked product delivery of products that are preferably acquired online.
Marijuana Incubator Group anticipates that VaporTownUsa will develop significant momentum in the short term based on the dynamic nature of the Company's strategy to drive traffic to the website and the provision of choice essentials through the privacy of internet commerce.
With the quality of product and structure of the business, VaporTown's profitability is expected to grow exponentially as the Company implements the intended marketing strategies which include promotion through leading internet and print advertisers.
Bryen Beglinger stated "We are very optimistic about the lucrative nature of this Company. We believe VaporTownUsa is very well positioned in consideration of its niche in such a quickly evolving industry. Our team is dedicated to realizing shareholder value by strategically acquiring companies such as VaporTownUsa.com and enhancing value by utilizing our 360 degree marketing model that is structured to propel these companies to heightened success."
The transaction is pending legal review to ensure compliance with state and federal regulation.
Marijuana Incubator Group was created to build a superlative operation in this budding industry, robust with revenue generating segments designed to integrate for optimum profitability. The Company's strategy is to develop its corporate structure through Joint Venture, Merger, and Acquisition, and is intent on being very selective in the acquisition process, refining options to businesses that will offer the greatest contribution to the bottom line. The Company's management team is currently exploring potential funding partnerships to provide the capital required to realize its short and long-term goals, and will be updating shareholders continually as further and subsequent negotiations unfold.
About Marijuana Incubator Group, Inc.:Marijuana Incubator Group, Inc., known as MIG, is a publicly traded investment and holding company established to identify, secure, and monetize emerging cannabis related technology, cultivation related and ecommerce businesses positioned for exponential growth in the Marijuana sector. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in this market. Marijuana Incubator Group's comprehensive business model includes a division which delivers internally created projects that are poised for revenue, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, providing a significant resource of experience, knowledge and expertise to every venture. MIG explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in in the marijuana industry. For more information visit: http://www.mjiginc.com/
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Logo - http://photos.prnewswire.com/prnh/20140407/LA00334LOGO
SOURCE Marijuana Incubator Group, Inc.
Marijuana Incubator Group, Inc. Enters Into Letter of Intent to Acquire VaporTownUsa.com
7:30 AM ET, 05/20/2014 - PR Newswire
LAJOLLA, Calif., May 20, 2014 /PRNewswire/ -- Marijuana Incubator Group, Inc. (OTC Pink: AVOP) is pleased to announce that the Company has entered into meaningful negotiations for the purchase of VaporTownUsa.com, a profitable online vendor of top quality vapor related essentials. The terms of the acquisition detail a 100% purchase of the entity.
The Company's intention is to further develop and equip VaporTownUsa.com to become a strong and competitive contender in its sector. The Company was launched in 2012 to provide a wide array of novelties and essentials to smoking, aromatherapy, and vapor enthusiasts. Contrary to big online vendors and local head shops that carry a little bit of everything, VaporTownUsa.com's focus is entirely on Vaporizers, with a distinct emphasis on premium Vape Pens and portable Vaporizers; leading brands such as Arizer, Volcano, Magic Flight, Atmos and DaVinci.
Marijuana Incubator Group, upon researching the marketplace, has discovered that comparable vapor related websites, have experienced considerable recent growth, since the process consists of the timely and unmarked product delivery of products that are preferably acquired online.
Marijuana Incubator Group anticipates that VaporTownUsa will develop significant momentum in the short term based on the dynamic nature of the Company's strategy to drive traffic to the website and the provision of choice essentials through the privacy of internet commerce.
With the quality of product and structure of the business, VaporTown's profitability is expected to grow exponentially as the Company implements the intended marketing strategies which include promotion through leading internet and print advertisers.
Bryen Beglinger stated "We are very optimistic about the lucrative nature of this Company. We believe VaporTownUsa is very well positioned in consideration of its niche in such a quickly evolving industry. Our team is dedicated to realizing shareholder value by strategically acquiring companies such as VaporTownUsa.com and enhancing value by utilizing our 360 degree marketing model that is structured to propel these companies to heightened success."
The transaction is pending legal review to ensure compliance with state and federal regulation.
Marijuana Incubator Group was created to build a superlative operation in this budding industry, robust with revenue generating segments designed to integrate for optimum profitability. The Company's strategy is to develop its corporate structure through Joint Venture, Merger, and Acquisition, and is intent on being very selective in the acquisition process, refining options to businesses that will offer the greatest contribution to the bottom line. The Company's management team is currently exploring potential funding partnerships to provide the capital required to realize its short and long-term goals, and will be updating shareholders continually as further and subsequent negotiations unfold.
About Marijuana Incubator Group, Inc.:Marijuana Incubator Group, Inc., known as MIG, is a publicly traded investment and holding company established to identify, secure, and monetize emerging cannabis related technology, cultivation related and ecommerce businesses positioned for exponential growth in the Marijuana sector. The Company seeks to discover inspired entrepreneurs with revolutionary concepts which can make a substantial footprint in this market. Marijuana Incubator Group's comprehensive business model includes a division which delivers internally created projects that are poised for revenue, and a platform enabling the Company to develop embryonic stage subsidiaries under one umbrella, bringing a spectrum of backgrounds to the table, providing a significant resource of experience, knowledge and expertise to every venture. MIG explores every opportunity to help each sector exceed their revenue goals while building close, active working relationships; preparing each respective division to be a robust competitor in in the marijuana industry. For more information visit: http://www.mjiginc.com/
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Logo - http://photos.prnewswire.com/prnh/20140407/LA00334LOGO
SOURCE Marijuana Incubator Group, Inc.
No, it is not. It's owned by Ron Burkle, the man who made his money on Vons/Safeway and now bought out this brand and merged it with the Fresh and Easy chain that Tesco just divested itself from.
Leave it. It happened once, won't happen again. MM games only last so long.
You do not have proof of this. Sorry, prove it or it's just not true.
PR says they are not going to dilute. Read it please before making wrong accusations.
Right (sarcasm, the bashers don't see the potential here)...as long as they use those shares to finance their investments in the MJ sector, I have zero problem with it.
It happened with TTD*. I rode FIT* up too and that went up on much speculation until Bill put out the news on the facility he was building.
Seems we see much accumulation until news drops.
Reverse split? If the float was 10 times higher I might agree, but why do a reverse split with a float of 1.9 bil?
Let's not start making up stuff.
Yep, I was in that one. AVOP is doing the exact same thing TTD$ did when it announced that an MJ company was buying them out.
I can name 1000s of pennys that promote their stock. Last time I checked, a company like PHO$ who was the darling of this new industry is on the grays yet SKTO is still here and moving forward.
Explain to me why the SEC, hasn't shut this one down? It's because they aren't b.s.'ing anybody.
Yet if this was true, why is it PHO$ is suspended for doing the very thing you mention with this stock yet these guys are moving ahead with their plans.
Seems dumb, if you ask anybody with a clue, to do anything that upsets the SEC right now as they seem to be paying close attention to this sector.
Make fun of this comment if you will but I've been trading a long time and seen many a penny be suspended for the things you discuss, yet why is SKTO still moving forward if they weren't doing things on the up and up?
I see but EWR$ is not? Wow. Lesson: This isn't a scam because a new company has bought this shell. They aren't upping the A/S the way the one you are shilling is. Sorry.
The last couple shells that were bought by MMJ entrepreneurs that I had money in shot through the roof. This one is in a good position to grow. Patience.
The acquiring company will put out more news and when they do this thing will pop.
I go into many TJ stores. I see they have a TJ branded hemp powder, but no Green Cures. Is Green Cures procuring the hemp for TJ and doing the packaging and labeling for them?
Agreed. I've been buying and selling penny stocks for years. Days like this happen. The key is that those panicking over the red day with good news just wait it out. Greener days ahead (in more ways than one!).
No dilution here. All penny stocks in this sector appear down.
Every penny in my portfolio is down and it seems many more are too. I'd be cautious dumping but do your own dd and see for yourself. It's brutal in pennyland today :(
Wrong. Too many L2 examples of big buys tell me somebody in the know is buying. Stop already. TTDZ
A takeover of the shell by a company that appears to have some really strong products in the MMJ field.
I've owned MANY pennies and that is not unheard of. Sorry but I doubt Bill thought he was gonna raise the PPS over that PR.
I find it funny that when this goes way up these kinds of posts come out of the woodwork.
It's not a POS. It's a shell that is being acquired by another company in the MJ sector.
Are you sure of that? Thin float and strong interest can push pennies with nothing more than speculation to the 20-30 range.
Fact. I've been trading long enough in these types of stocks, I've seen sillier things.