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Next months Q1 will put this stock at its fair value. I still think they will get a collaboration deal with a big tech company; they were good enough to get a collaboration deal with Blackberry...so if the results of that Blackberry collab turns out to be good, more power and presence for Martello.
I also realize that they can uplist to OTCQX or OTCQB at their convenience, so they must be working on something big prior to making such a move. All just my opinion of course.
Post count low today, being going hard on another board. Lol
I'm done talking to you. I'll post my opinion next week when this is sub-penny. Then I'll post again when your buddy Jimmy announces a reverse split. GL
LOl. You don't see their tactic. Go and read all the Network News stories and they all include several larger mj companies just to attract attention to SGMD. They'll include 1 paragraph of those other tickers while the main focus is on SGMD (which is all fluff).
Anytime you run an article with several tickers in the article, that article will appear under each of the mentioned tickers respective newswire. This is strictly to trick other investors to exit their position and come to SGMD.
Go look at the promoted post by Network News. Why do they feel the need to include other tickers...tickers who aren't the center of the article, but just inserted to manipulate investors.
LOL...that's pure BS. Network news is paid to promote to thousands of readers. My post reach 10 readers at the most. By next week this will be subpenny, and I won't post on this board until it is subpenny just to prove my point that Jimmy and this company are full of chit. No one is interested in this POS...just flippers and high frequency trading algo computers.
When the name calling starts, that's when I know I'm doing a great job. LOL
How ironic that you would mention MCOA...who just implemented a reverse split. Will SGMD implement a reverse split?
John Vu is associated with both MCOA and SGMD...is Vu bad luck? Lol
I think I'll stick around even more. Thanks for the motivation.
"What else should he do if the stock price goes down but try to prop it up?"
Answer: HONESTY
He should have been honest in the beginning and he wouldn't be reaping such bad results.
It's people like Jimmy who try to insult peoples intelligence. For weeks, people have been asking questions only to be ignored. Now all of a sudden, Jimmy tries to act like he cares cause the stock price is getting hammered. The truth is people have lost trust and confidence in Jimmy. It's hard enough to find a good stock in this sector and the carrot dangling approach that Jimmy is taking only adds to the difficulty.
You only show up to promote. You weren't here the past few days while the stock was getting hit, now all of a sudden you're back. I honestly think you're part of management.
PS Take the bitter with the sweet...anyone can post on any board they please and are entitled to his/her opinion. I have no control over any stock, if I did, I'd be filthy rich.
It's funny (and sad) how Jimmy tries to give updates when and only when the stock is getting killed...pulled the same trick a day after they released the last earning report.
No one is fooled here. Audits complete, but no money to close the deal.
Announced Hempistry initiative a year ago stating (paraphrasing) "over the next 12 months SGMD will be investing $1 mil into Hempistry". Here it is a year later and they've only invested $190K
Again, Jimmy only put this "info" out there because the stock was getting killed and he's trying to stop the bleeding.
How much money is needed to close the deal? How much longer do you anticipate receiving such funds?
Answer these questions.
K&J can't make money off of these low prices so get ready for a reverse split. A reverse split will happen before a double up. A reverse split will happen before any "acquisitions" get finalized. What catalyst does this company have that it hasn't already tried to pitch? It cost money to close deals and they have...no money. Good luck.
The fact that you've never heard of Curaleaf says it all. You know nothing about the sector you're playing in. Good luck.
LMAO!
Well done.
The edible actually made me hungry!
This won't go anywhere without FDA's permission. They're better off merging with a Canadian shell company to take advantage of the upcoming legalization of edibles. GL
All the STZ shareholders were complaining about the job Bruce was doing. Newlands reacted and look what's happened since...right now he doesn't appear to be that sharp...and if the next Canopy CEO fails to meet STZ shareholders' expectations...Newlands might find himself out of work.
This whole thing for STZ shareholders might turn out to be "be careful what you wish for".
If you say so, Ted.
IMO, since MJ is legal, people would be better off growing their own. What's the point of buying something especially if that something is a habit/addiction, when you can grow your own. More people waste money on their habits than on anything else.
A drink on the otherhand can't be homemade, therefore there will be a huge market for that...both THC and CBD drinks.
Well it seems the whole STZ board doesn't have a clue.
Earnings is to blame...earnings will kill the whole sector. Next catalyst for Canadian tickers will be when edibles hit the shelves.
The CannaTrust news made everyone go check their grow rooms...and get rid of the illegal ones. lol
It's odd seeing a post from you without a chart. lol
I guess that's the difference between big companies and small ones. Big companies disclose acquisition numbers, small companies are afraid to...must be because the whole deal is a rip-off; an embarrassment.
Based on what just happened to Curaleaf and their stock, FIFG better be careful.
https://www.marketwatch.com/story/cannabis-stocks-fall-as-senate-hearing-kicks-off-stifel-is-bullish-on-canopy-and-cronos-2019-07-23?siteid=yhoof2&yptr=yahoo
Here comes the delisting...Can't trust none of these companies.
Borrow rate for this must be insane right now.
It's going to be a long winter...US in no hurry to legalize MJ...sector will be flat indefinitely.
https://www.cnbc.com/2019/07/23/senate-cannabis-hearing-shows-challenges-to-rewriting-pot-laws-despite-support.html
"...none of the Republican committee members attended."
So you're saying you had a buy at .3425 and the last price was .3427 and order got filled with no change to last price? Now we're at .38ish...you're up. Lol
I have to preserve my posts too
Los Angeles to answer a previous post.
Can you imagine a moment like that. For what he's been through then to get a company listed on Nasdaq and ringing the bell.
I'm waiting for a big US tech collaboration. That will really make some noise and really put Martello on the map.
If so, RS becomes a conversation.
$20,000,000 / 1,000,000,000 has/keeps sp in the .02 range
$12,000,000 / 1,000,000,000 has/keeps sp in the .012 range
versus
$20,000,000 / 138,461,538 puts the sp at .144
$12,000,000 / 138,461,538 puts the sp at .086
Currently the sp is in the .012 range. Something doesn't add up and/or won't add up. I don't see what gets this to .086 - .144 without an acquisition or two...so it's sort of a catch 22.
They'll close the deal when the sp gets to .086 - .144 range, but they won't get there until they make an acquisition or two. SMH (scratching my head)
I'm not sure what the deal is with his shares...if he's restricted or not. He still believes in Canopy, as he should, he started the company; moreover, the higher the share price, the more he makes.
$20 million worth (or $12 mil) of shares is a lot of shares to sell.
Don't know how the pps will rise in order for them not to exhaust the whole AS...well I do know another way, and I wouldn't put it pass any OTC ticker.
Bruce wouldn't go back. The trust has already been compromised. He has over 18 million CGC shares, I think he'll enjoy that and focus on his new challenges...Martello...Rukify...and...
He mentioned getting into American cannabis at some point as he realizes that once the US gets in the game, Canada will be but a small grain of sand.
Yeah, it's one segment that I can watch over and over...too bad I can't do high frequency trading. Lol
I don't understand any of this technology, but it sounds like Martello is at the forefront of something huge. As tech continues to grow, I guess all this stuff will become critical.
Hoping for a Microsoft collaboration in the future or some other giant tech company.
Thanks for sharing.
If you would have sold 1/2 cent below, the price would have changed. The fact that you bought 1/2 cent below and the price didn't change makes me believe a person or computer knows the order books and not only made an immediate $30 off of your 6000 shares but immediately made money from someone else bidding higher...which you confirm the price did go higher thaat day. Algorithm computers move in milliseconds.
Years ago I learned from a "60 Minutes" episode that day trading algo computers (High frequency trading) are programmed to make 40 million trades per day on hundreds of stocks at a simple 1 cent profit per trade. That's $400,000 per day.
Found the link...
Did the price go any higher that day from where you bought at?
We need giant tech to help us out...it won't be retail money. Lol
I know. It was a rhetorical question.
No service means the few people that were still subscribers are pretty much leaving now due to all the BS they've had to endure with the service.
No service also means no new sign-ups.
I think they are working on a protection plan aka bankruptcy.
Desperate and impatient traders.
We know this can run as its proven that. But it won't happen when we want it to happen.
I'm looking at it from the perspective that Microsoft has been doing small deals the past couple of days...
$2 billion deal with AT&T
https://www.forbes.com/sites/patrickmoorhead/2019/07/21/microsoft-wins-big-in-att-cloud-deal-valued-at-2b/#2076d5c47df4
$1 billion deal with OpenAI
https://www.cnet.com/news/microsoft-invests-1-billion-into-openai-as-part-of-multi-year-deal/
So there's always hope that Bruce and/or Terry can get something done with a tech giant.
A $1 billion deal would instantly give us a $billion market cap / $5 pps.
Just keeping all possibilities alive.
I believe they are making moves behind the scenes...
Deals to increase their client base, thus their revenues
Acquisitions to increase their portfolio, thus their dominance
Financing to increase their power, thus their presence
My gut feeling is that a major financing deal is in the works; and this deal is what will have Bruce humbly saying..."don't count me out".
All just my opinion. Don't buy or sell on the account of my words. Action speaks louder.