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There are many, many people here who bought at .0001-2 months, even years ago. They've all seen this pattern before, they waited thinking "Maybe this is different". They're discovering it's not, and they're getting out with 3-10X profit and moving on. Mr Tilton and Madame Zheng have no money and quite likely no property, however they do, or say they do, have a relationship with a big Chinese company. If anything happens here it will be because of Big China, not because of the husband and wife team.
Inconsistencies...in a bottom level pink stock? Oh com'n Bro, say it ain't so!!
I did not know there were only 12 permits being issued, I think that would be expanded over time. The northeast s full of blokes trying to make money from newly legal MJ, most of them private and quite sophisticated entrepreneurs. The Chinese telecom connection is what's keeping me interested, I'm curious as to what that's all about, if anything.
Who cares? If it's in the pipeline or soon to be it's OK. Now you wait.
Don't know what he has in mind for this but having an application in to operate an MJ grow operation within 200 miles of about 60 million people can't be bad. Med MJ is now legal not only in PA but in most surrounding states. It's going to drag through the bureaucracy wherever you are, that's expected, and having a Chinese sugar daddy (China Telecom) can't hurt either. Keep watching.
Yes, and the Port Jefferson address has been used often.
What is the value of 30 acres of land - 80 miles east of NYC via I-80 - to a multi-billion dollar Chinese telecommunications company looking to get a foothold in the US market?
No, no...it was the Texas Rangers.
Tilton's wife of Red Mansion fame returned to China after the Naomi debacle and now we get PRs about talks with deep pockets China telecom. Curious as to where that's going to go.
Nobody can believe that this just happened; with all the new news and new names involved here this looks to have been orchestrated by a maestro or two. I don't pretend to know what's going to happen here but somebody will make the price move through their manipulation, and thus make money, maybe your money In this arena it's not what you think the company will do to succeed, but what you think the manipulative company honchos will do to succeed. Don't play the business savvy, play the criminal savvy. Welcome to penny stock trading 101. Never, ever get married here.
Where's Randall?
It easily could have been success, what with the way the MJ industry has evolved and grown in the last couple of years. I live in the northeast and am amazed at the attention this industry has attracted just since the recent election. All sorts of entrepreneurs and entrepreneur-wannabes looking for an angle to get into MJ, mostly, I think, because it's hip and fashionable. I got into PHOT a few years ago at .06 - .08, held it for a couple of months and left when I felt there was a lot of back-tracking and hesitation by management. I made a ton. Two weeks later it was suspended. I see that same type of non-activity now by Marco. I got out a month ago with a little flip profit, if it rises again it'll be without me. Anyway I'm glad you got out with something. Lesson learned.
"What could have been" - indeed! My opinion - for what it's worth - this, and many other MJs, are the efforts of a bunch of blokes taking advantage of the MJ legalization hype of a couple years ago. And it worked...for them and maybe a few followers. But now this industry is weeding out the chaff and many of these are fading into the abyss, PHOT I believe amongst them. If this goes below .0008, and it appears it will, it's over. Go to NSAV.
Have no doubt in the man's integrity, his assets or his ability, one can't be in business without brushing up against some fraudulent characters. However I'm becoming more intrigued by the interest of a large, global Chinese company, especially with the man's ties and experience in China. Will be interesting to watch this evolve...possibly quite profitable as well.
Speculation. The Chinese attraction may be a good size piece of land in close proximity (1 hour) to the large financial center of the western world, NYC, and generally the US east coast. I know the Chinese telecom company has a location in VA but being near NY would enhance their presence. Also, I hadn't known that the MJ industry in China was so huge, if they have a finger in that business in China, having a finger in the burgeoning US MJ industry would be a plus. Essentially the land in NE PA is the reason for the attention. Why else would a company like the global Chinese telecom be interested in a sub-penny with no income and, except for the land, no assets. Yes, I'm crystal balling here, I have nothing other than what I have learned through surface research to substantiate this. Speculation.
Many, many people are and have been in this for years at .0001-6, they're tired of waiting and are getting out ahead. This is a normal trading pattern at this level.
News from the Chinese interests will move it.
Any significant change in a company's structure REQUIRES, within four days, submission of form 8k to the SEC. The SEC then use it to wrap fish...or what?
It's not the removal of the stop sign or the approval of the 8K by the SEC, it's the acceptance of the 8K by the SEC, which should Monday. You act on news here, even news that foretells of further news. Nothing happens until the SEC say, "OK, we'll look at your 8K app".
All deals, Chinese deals included, are predicated on the 8K, nothing happens til then.
KIKU, calm down son. Friday's close wasn't "great or nice" because there was profit taking from investors who have been here a long time, back when it was trading at .0001-2...they saw a profit and took it. That kind of investor behavior is to be expected after a run-up such as this stock experienced on Thursday and the uncertainty of the 8K filings. However the close was not "insane" either, it closed in double O's after the profit taking, which is an indicator that it will sustain that level of trading or better. Filing of 8K is not a simple process, there are deadlines, what to include, what to leave out, etc, it takes time. I look for it to happen soon. The only concern here, and it seems minimal, is the CEO's abundance of tweets and messaging...doesn't he have work to do? So KIKU, sit down, relax, have a Coke and smile.
Seems to be getting a lot of attention not just from investors but from potential suitors, Chinese entities and perhaps others we're not aware of. Possible CEO holding back info waiting for it to legitimize - the info that is. The interest here is mind-messing, should see a jump with ANY news.
It's penny stocks. All but very few are scams. Never, never get married here. Look for high volume, frequent news, buy the lows, sell the highs. Good luck.
MJ is widely considered medicinal today, more so that than a recreational commodity.
RM indeed! This has been in the works for awhile, accounts for all the undaunting enthusiasm - at all levels. Slick!
What's L2 look like?
A shake-out, not unexpected. This always does well after 2PM, lets see what the last two hours bring, should return to close to HOD.
Nicolo is looking for a venue to market, perhaps even manufacture, his loafers and other products in the US. TXHE is that vehicle. In addition to an established trading platform TXHE also provides several leased oil properties as well. With a lot of deregulation of commerce anticipated with Trump's favorable business agenda, decision making becomes a little less risky. Bottom line; he wants to play in the US. Would be interesting to know what queered the TNEN deal.
THXE
Are Dr Danyi Zhang and Jane Zheng the same?
Somebody in Phila area go to 1055 Westlakes Dr, Berwyn, see if VSRI is listed on the tenants board. Will make a big difference in credibility.
It's over here, has been for several weeks. Was once a rocket that made a lot of money for some, last year or so it's been a flippers paradise, now it's a dead cat. Nowhere to go but down. I will miss it - PHOT been berry berry good to me.
Tomorrow we fly! Right?
Nobody is a "damnfooL" for hanging around for a big break here. I bought in for .0002-3 about a year ago, was surprised a few weeks ago when my account here started showing green, sold yesterday for good profit but retained a larger portion for that possible life changing opportunity you spoke of. This looks good...but now I'm playing with house money, I have nothing to lose. That said, you know that there are many who play here who are tired of waiting, need the money, don't buy the hype, have others plays or are too smart or too stupid. In all forms of gambling - and that's what it is at this level - "chance favors the trained mind". You seem prepared. Good luck...I hope you get rich.
Many bought here months, or years ago, at 1,2, or 3, they've been holding and waiting. This jump up is what they've been holding for, in fact it's more than they could have hoped for - they not only get their money back, which is all they ever hoped for, but they're getting 2, 3 or 4 times more. Do you really think, that after a long wait, they will hang around when they're already winners. Yeah, yeah I know, maybe they'll make much more...then again, maybe they'll lose it all - again. After all it is pennyland you know.
Few buys at .0009 but millions bought at .0008. Wasn't long ago resistance was .0003 and .0004. Slow, deliberate climb up, lots will happen on the sidelines. I'm happy.
Single 30,000 buy at .0011 at the open was an attempt to draw funds at higher prices and hopefully stimulate a run up. It didn't stick - you know that don't you?
Profit takers let it go up - which they knew it would - in order to catch a few extra pennies. Since 10 AM there have been 10 million buys against 60 million sells. This could be a shakeout or it could be a continuation of the pattern present here for several years - pump it then dump it. The new circumstances, the Naomi purchase, the CHIF involvement, etc, all make it interesting. Worth hanging on to - see how many buy the scheme.
Your reasoning is sound.