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Took less than 5 minutes to reach .11.
I have also been wondering about the mining, and my hope is that they have implemented Blockchain to facilitate their rapid growth of sales, production and accounting.
POTN "will be releasing a quarterly update summarizing operational progress and achievements"
Now that POTN is fully SEC reporting and soon to be listed on the OTCQB, it will be important to show increasing revenues and earnings for Q1. Then a rapid steady rise to dollars.
This has nothing to do with POTN other than Vaccaro, who benefits much more than we do from increasing share value.
You are correct.
This pinky will be a pinky no more- going straight to OTCQB.
Removal of the yield sign will be VERY beneficial.
need Q1 earnings...
I am glad to see that POTN is buying hemp from USA companies now, probably lowering costs and improving margins- and desperately keeping up with continuing increases in sales.
Are you joking? I am WAY more concerned that they are out of stock regularly. I hope their supply chain can keep up, it has to keep up with the increase in salesforce and sales.
POTN is one of the top in US CBD companies in sales and brand recognition' selling at bargain basement prices. Just sit back and watch the money come in over the next years.
The market sucks even more. Today would not have been a good day for earnings anyway, look at poor GWPH today, up 16 this morning, up 4 now.
A large sale immediately followed by a large buy for the same amount is a pre-arranged sale to somebody. (?) Stakeholder?
With revenues like POTN has, there is every reason to hold.
Agree with you- uncertainty exists because of delays in SEC reporting (yield sign) and uplisting. In addition, there is high market uncertainty because of crazy trade wars, and this hits high risk sectors first- OTC PINKs. None of this changes the fact that POTN has stellar revenues and the CEO has stated that SEC registration and uplist will occur within weeks. In the meantime, we need to see some growth in Q1 revs, hopefully this week.
Realize this- Diamond sales are up there in the rarified stratosphere with very few other CBD sellers nationwide like Charlottes Web and CVSI, but POTN market cap is one tenth the price. The CEO is working hard behind the scenes and will be fully reporting in a month.
They are most likely maintaining and growing market share in a rapidly expanding market based on order numbers and revenues. Post a link if you have any data showing otherwise. IMO Q1 earnings will show this- once a customer, you will be coming back and talking to friends and family. I have added at least 10 customers to Diamond myself.
IMO its impatient shareholders. It doesn't make sense to me that Vaccaro, biggest early stage investor/shareholder, would dump while the share price is falling and a day or two before Q1 earnings. He would be hurting his own investment. The company has sold into big rallies before, now would be the worst time for them to sell and lower confidence for investors.
What shares are you talking about?
Just remember as a comparison, CVSI was values at .5 a year ago with lower revs than POTN at the time and then resolved their SEC problems (see below link) and shot up 10-fold. IMO this is likely for POTN is the CEO comes through with uplisting within a month or two.
https://www.globenewswire.com/news-release/2018/06/01/1515539/0/en/CV-Sciences-Inc-Settles-SEC-Matter.html
My order May 5 was 389924.
Q1 should be out out this week.
CBS this morning is doing a feature on the $20 billion CBD market in a few minutes, in case you are one of the shortsighted types who doesn't realize the potential of having a sizable piece of the market.
I too have been buying the cheap shares below .12, in fact I am thankful to have loaded up many more. I am also convinced that we will see $1 (probably $1.50) this year. Delay is almost over.
Regarding the large national drug store chains, my guess is that they are starting CBD sales very slowly and cautiously, beginning only with topicals. When the FDA gives more clarity on regulations, they will jump into edibles. Diamond cake pops and gummies would fly off the shelves.
I have never even seen a mention of a reverse split. No need for RS for OTC uplisting. IMO they can achieve $4/share required for eventual Nasdaq uplisting through continuing growth of revs, paying off debt and listing on OTCQB or OTCQX.
One thing that I have learned well in my many years of investing is that everything in the business and legal worlds takes longer, much longer, than you expect. CEO Hagen is a smart attorney and businessman who, based on filings and press releases, is working hard behind the scenes to push this company forward to higher revenues and uplisting. We have waited over 6 months for Hagen to make these events happen, and I believe that patience will soon be rewarded.
The most important info in the CEO letter, IMO, was that POTN will be fully reporting by mid year (in a few weeks). In addition, many statements about sales strategies and marketing in the Harbinger report were confirmed.
So a letter from the CEO to shareholders was considered a "paid promotion"?
I wonder if the promotion horn has to do with the day traders swooping in and out yesterday?
Update: 25% more visits to the DiamondCBD website in Q1 in comparison to Q4 2018. We could see a $9 million quarter. You better believe that if POTN demonstrates 25% Q over Q growth, the shareprice will fly.
Futures are up this morning, POTN will be up today too. We will be fully reporting and listed on OTCQB and the CSE within a month or two. With Q1 revenues we are poised to fly after a year delay. Many things going on behind the scenes.
I expect press releases next week, starting with Q1 earnings.
Hagen's letter confirmed many positive statements in the Harbinger report and most importantly stated that POTN will be fully reporting and SEC registered by mid-year- this is HUGE because uplist will soon follow. With growing revs and debt resolution shares climb to the multple dollar range.
Power hour coming for higher close.
Thanks for the 50% discount codes!
SCX50
Welcome50
The Lawrence Taylor Pain Master Bundle is out of stock. Cannot WAIT to see Q1 revs.
Ugly day in the cannabis sector, I'm thankful to be green. My concren for Diamond is that they are keeping up with inventory. Seems like they would have even higher revs if they didn't run out of products- good problem to have though.
Does anybody have coupon codes for the LT CBD cream? I have a friend that's ready to make a big first order.