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Reverse splits are never good. Do some research. Also, the way it's going, it will close under .05 today. Enjoy the sleepless night.
Wow I guess back to .025
How is that .062 buy working out?
Only in blood pressure
Once .055 breaks, real panic will set in.
Those who smoke might need to load up on few extra packs today
Lol. As long as you have more money to average down when it's in the .04 range
Yep. Hope and a prayer will only get so far
So where is the .10 cents?
I guess many did not read the 10K
As long as it makes you feel better
My point exactly
Page 49 of 10K
We believe that our available cash balance as of the date of this filing will not be sufficient to fund our anticipated level of operations for at least the next 12 months. The Independent Registered Public Accounting Firm’s Report issued in connection with our audited financial statements for the year ended December 31, 2016 stated that there is “substantial doubt about the Company’s ability to continue as a going concern”. Management believes that our ability to continue our operations depends on our ability to sustain and grow revenue and results of operations as well as our ability to access capital markets when necessary to accomplish our strategic objectives. Management believes that we will continue to incur losses for the immediate future. For the year ended December 31, 2016, we generated gross profits from operations, but we incurred negative cash flow from operations. We expect to finance our cash needs from the results of operations and, depending on results of operations, we may need additional equity or debt financing until we can achieve profitability and positive cash flows from operating activities, if ever.
At December 31, 2016, we had a working capital deficit of approximately $39.4 million, as compared to a working capital deficit of approximately $11.4 million at December 31, 2015. The decrease of $28.0 million in our working capital from December 31, 2015 to December 31, 2016 was primarily the result of an increase in the current portion of term loans.
Agree 100%
That's what we are all waiting for
Sessions already stated that he will not be going after the states and it was after the the whole recreational/ medical debate started. Also republicans are looking to remove marijuana from the drug list. We all have same access to the internet and to the news so please slow down with your doom and gloom.
Then don't invest in SING and move on.
Can you see if you can find anything from 1972 news archive, why stop on 2014?
Perhaps Sessions realized that he needs to make good with the weed industry after the whole Russian disaster. He is walking a tight rope as it is.
The whole sector took a dive. I can't find any news
Jeff Sessions is under fire for talking to Russia during campaign. Maybe with enough pressure this turd will step down.
Post 24370
“The states where [medical marijuana] is allowed, in accordance with the appropriations rider, have set forth a process to administer and regulate that usage, versus recreational marijuana. That’s a very, very different subject.”
Cannabis is legal for recreational adult use in eight states and Washington, D.C. They include California, Maine, Massachusetts and Nevada, which all voted to legalize the drug this November. That means one in five American adults can smoke, eat or drink marijuana as they please. Medical use is allowed in 28 states. Legalized cannabis was a $6 billion industry in 2016 and is estimated to reach $50 billion by 2026, according to Cowen & Co.
Pharmas can not control recreational since I can buy it from local drug guy and legally smoke it in 8 states. Feds want tax dollars and those purchases are not controlled. Plain and simple. So let's just all chill and think.
You need to learn to read
Twenty states have laws allowing the drug for medical purposes. Spicer indicated the administration will not go after medical marijuana users, saying Trump believes in medical marijuana's ability to "comfort" people suffering from debilitating diseases.
I agree. It's only recreational and Feds can not control recreational since it leaves loopholes such buying from pot from a corner dealer and legally smoking it. That money can not be taxed. By leaving medical, they will have no choice but to open banks for those purchases.
Was WAZE app worth 1Billion when Google bought them? Was WhatsUp worth 7 billion? You are trying to find logic where there is no logic. It's future revenues game.
Anyone watching OWCP? Form .003 to 1.75 in 6 months. I wish we can get this type of momentum with SING
Thanks for sharing that. How did it work out for you?
Do you talk just to talk? We all have access to charts. We all can see. One thing we don't need is a savior.
What article?
Highest volume day since spike of Jan 2014
This is a good start.
http://herb.co/2017/01/29/israel-decriminalized-cannabis/
This is a good start.
http://herb.co/2017/01/29/israel-decriminalized-cannabis/
Was thinking of selling at .05 but was not sure how fast funds would be available to load more. You never know how fast and how much it will move. OWCP went from .003 to .95 in 5 months and there were some big dips.