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investor100 your lucky I'M A FLIPPING MCIG BAGHOLDER 125 mil shares owned by lifetech insiders are going to keep me bagholding this pig for a long time.
Markmark1, I already did that before I mentioned it on the board and they gave me typical dilution machine answers that the float is low and the TA is not Locked. In other words they lied.
My Broker called the TA and TA would not give out the share structure which means the TA IS LOCKED AND GAGGED.
Float was low 25 mil but now its 250mil, 125 was reported tradeable Oct 14th with 125 mil more shares ready to dilute the tradeable float on any given day. Like the day the last pr came out and the volume spiked and the price of the stock initial went up then fell back on its azz. A typical dilution scenario when the dilution tards get overly eager to dump shares right at the start of news. The old days of letting stocks run for a few days are long gone. The new breed of dilution tard has the patience of a gnat and just starts pumping em out the front door, side door, back door, and all the windows as fast as he can.
THIS IS A HUGE RED FLAG FOR DILUTION. If its not please feel free to explain to me and everyone else why locking the TA is not a red flag for dilution. I'm always willing to learn something new.
marijuanavest waiting around to read SEC filings is like reading old newpapers its just that old news, what happened last qtr. I want to know the float today not a period that already ended then have to wait 3 months to find out the float increased by such and such mil.
UNLOCK THE TA A LOCKED TA IS A WARNING OF DILUTION THIS STOCK IS BEING DILUTED IN THE FORM OF LIFETECH INSIDERS
PROVE ME WRONG DISCLOSE HOW MANY SHARES OF MCIG ARE OWNED BY FORMER LIFETECH INSIDERS
MCIG is just another dilution pig dressed up to look like a skinny barbie doll.
I'm A FLIPPING MCIG BAGHOLDER!
Lombardi why do you think they have random drug and alcohol testing for all pilots? What do you think the long term effects of smoking dope everyday are? People that smoke dope all day or just everyday don't walk around saying" Oh wow man" like Cheech n Chong but they ain't the same person they would be if the weren't smoking. My ex wife;s family were all a bunch of pot heads. A frankly I found them to be dangerous and accident prone. They seemed to have a high incident of auto accidents, forgetfulness as in lousy short term memory and general lackadaisical sense about them.
And these are the men running these POT PLAYS You don't get into a pot business unless your a pothead. PHOT was a novelty hydroponic in home tomato veggie machine. They were sitting around stoned and said hey we could grow our pot plants in that and sell it. Then they said we could wrap a shell around that and sell millions of share of stock. So they did. About 600mil or so. Well along came the POS tracking systems and they said Hey we can slap together some software give it kool name and sell that because our dilution rate is dropping off and I want to buy that new Corvette that just came out. So now PHOT attached the POS system to the dilution gravy train. Forget the fact that there are already some really good proven systems already in use.
Hey whats that new MCIG thingy?, kool idea so lets make one of those and attach it to the Dilution Gravy Train.
I wonder what other new kool, groovy thingy will be next in the PHOT portfolio of dilution.
Maybe the influence of smoking pot all day everyday since their college days is starting to show thru.
Just don't go cut wood with these type of men, because they can be very very dangerous with a saw or axe in their hand.
AB The one thing PHOT does is sell shares, maybe the buy plant stores theme is running out of Dilution horsepower so they thought they would jump on the latest and greatest trend. All Good CEO of dilution pigs only care about one thing. keeping the gravy train of free money rolling. But eventually the trains lose passenger count and the maintenance drops then before you know after the wheels fall off and the train derails.
I wonder if anyone has consider the effects of having a company run by a bunch of potheads. Smoking that stuff all day everyday gives people a warped perception of reality. It will be interesting to see some of the wild azz ideas that come out of the generation of Diluted POS Pot plays run by a bunch of dope heads.
Would anyone here like to fly on an airplane with a couple of pothead pilots?
Or how about have your heart transplanted by a pothead surgeon that just blazed on his MCIG.
A bunch of companies for losers, run by losers is what we may be getting with the current menu of pot plays.
Then why don't they UNLOCK THE TA so we can track the dilution of the float by the Lifetech insiders Dumping 125 mil brand spanking new shares All Day Every Day. All MCIG shareholders should want to know HOW MANY SHARES ARE OWNED BY LIFETECH INSIDERS and how fast they are dumping them.
The stock was in the .5-$1 range before the 10 for 1 fwd split. But they wanted it in a range for liquidity reasons. To dump the newly printed 250mil shares. 125mil are in the float as of Oct 14th according to your email from company. Only another 125 mil to go. With the average volume this has it will easily take 1-2 years to get rid of that many shares into the float. By then the CEO shares will be off restriction and he can be dumping all day every day just like his insider buddies he took care of from lifetech.
GV Welcome to Nat Gas thats why its called the Widow Maker. One of the best trades around or the worst depending on your entry pts.
Up .20 down .10 looks like its testing the $3.6 level Every dime move on NG is just over a $1 move on UGAZ right now.
http://finviz.com/futures_charts.ashx?t=NG&p=h1
http://stockcharts.com/h-sc/ui?s=$NATGAS&p=D&yr=0&mn=9&dy=0&id=p21091352152
With winter coming do you think this is a good time to move to the short position DGAZ?
Here's your chance to weigh in on it. I got you in as low as the dip below $12 9-10 days ago. Go back and read my posts. There will be gyrations but the NG trend is upward.
MCIG POT Stock with New Dilution Twist. Its not us MCIG insiders dumping shares, its those pesky Lifetecher insiders doing it. It's not our fault we don't believe in that sort of thing.
I think I'm going to puke now.
Markmark1 that was like poetry. especially the part about
As an outside investor, I have been treated very well.
Can't get much more outside than previous lifetecher. I'm concerned about the big boy lifetechers and all the shares they own.
Company hiding the float and no disclosure on how many shares lifetech insiders own is disturbing.
Other than that
great product at a great price it could take months and months for them to dump 125 mil shares into the float and this could sit in a range and go absolutely no where.
http://stockcharts.com/h-sc/ui?s=MCIG&p=D&b=5&g=0&id=p28482701257
A person could buy this now and it might go up tag the 50ma, might sit right where it is or more of the 125 mil new shares could be dumped on you and knock it to the 200ma at .05.
Unlock the TA so we can track the dilution
Disclose the share structure, What lifetech insiders own how many shares
You guys better pay attention to what is happening to MJ it is barely hanging on about to fall off a cliff. I'd say most of the dilution share are gone and the support will go away. No reason to support it if you have no more shares to dump. That bloated diluted pig will get the rs slaughter. Same thing will happen to PHOT in a few months. 10-20 to 1 rs are in their futures.
MJHA Diluted Pig is getting ready to go to slaughter. I'd say they've sold most all the dilution shares. It's about to fall off a cliff. There is no reason to support the price if they have no more shares to unload on the newbie bagholders. This will get hammered real hard and a min 10 to 1 rs more likely 20 to 1 rs is in the future.
Dilution is the Solution because the Solution is Dilution
If they were smart they would release the new product before Christmas not after. But who said they were smart 10 to 1 fwd split to shareholders of the company you acquired so they can dump all day everyday on your new and future shareholders.
Either they are stupid or it was planned as a form of in house dilution thru lifetech insiders. Doesn't matter it is still diluting the value of the MCIG shareholders stock and putting a huge DARK CLOUD and GIANT RED FLAG on MCIG.
Unlock the TA so shareholders can track the rate of dilution into the float of the additional 125 mil shares
Disclose the breakdown of those shares how many shares are owned by Lifetech insiders etc.
Chart looks like its setting up to be over $16 real soon and could be a double from the $12 entry pt. UGAZ/DGAZ one of the best trades around.
http://stockcharts.com/h-sc/ui?s=UGAZ&p=D&yr=0&mn=4&dy=0&id=p73225137857
neverever hear of the law of diminishing returns. Your seeing it in action right here with the increase of OS and Float vs Revenue just like we are seeing it with the FED increasing the money supply at 86bil per month. Dilution
Sooner or later you just run into a brick wall
GO PHOT RAH!
Buddi this stock is not in its crawling stage unless you are saying it just got its legs shot out from under it and now it can't walk let alone run or climb it will just crawl along now and bleed its diluted self to death. PHOT is toast. It has all kinds of brick n mortar crap that takes huge amounts of money to pay for and it can only do it thru dilution. Ask you self this if you were a guy that offered free money to companies in exchange for share of stock, at what pt would you stop offering any money? How big of a float would you use as a cut off pt? Friday we say a major dump of shares. The guys that got share at .035 are probably thinking its time to get the hexx out of here if they haven't already. Don't buy into the up up and away koolaid pump. Any pennystock that does dilution is a POS that is going to either do a rs, die or remorph into the next greatest fad. MJ is hot and there will be lots more dilution pigs to play. PHOT was King for about 3 maybe 4 weeks. These pigs have a lifespan of about a gnat.
Remember if you miss bus there will be another along any minute.
Go PHOT RAH!
Guys this is a dilution machine Friday It got hit with a 20mm shell. There is a A-10 just on the other side of the hill. He will be back with the incendiaries to ignite the hydrogen bags.
GV what make Zero Sense is issuing a 10 for 1 split to shareholders of a company you just acquired. Unless you had an agreement with the insiders that they were going to dump those new shares into the float to raise capital. IMO this is an in house dilution play until proven otherwise.
1. Unlock the TA so we can track the changes in float
2. Disclose the breakdown of the lifetech shareholders that own 125 mil shares and another 125 they can dump at anytime. How much is owned by insiders or former insiders?
How many mcigs are sold matters none if the price of the stock never goes up. Its how many new shares are sold is what matters. If they sell a million mcigs and the price of the stock never goes anywhere because someone is dumping millions of shares into the float everyday then the shareholders gain nothing. This stock can't support any dilution of the float thats why the price keeps sinking.
Marjiuanavest I said I didn't read that, I never read financials of dilution pigs, just the charts I told ya guys that you needed to get it to .12 before the financials came out because that led Zepplin was going to explode. And it did massive dumping today. The hardcore pumpers over there don't know it yet but PHOT is toast.
MCIG on the other hand is stuck in the starting gate and may never enter the race. It is saddled with 125 mil extra shares that we have no clue who owns and what and when they plan on dumping. Could be all day everyday and this Mpig just sits.
Unlock the TA so we can track the dilution of the float by Lifetech insiders.
Otherwise the unknown and fogginess will cause this to crash upon the rocks.
http://stockcharts.com/h-sc/ui?s=MCIG&p=D&b=5&g=0&id=p15945685001
Chart on MCIG looks like crap not much good to say about this except Best Dam $10 panty key I've ever seen
officerk I don't think I sound intelligent I just try to put things in a way that even the dullest of bagholders will understand. The difference between me repeating and you is I will be proven right and you will make a lot of bagholder out of people buying into the up up and away non stop pump until they dump them pump some more. you find it hard to believe or understand that I own shares in this diluted POS pot stock because I don't lie its a dilution machine.
I didn't read the qtrly report but I saw mention of $500k shortfall. Here is a problem I see developing. All those acquisitions require big money to keep all those operations and businesses going. If the float is pushing 600mil and the OS 711 that doesn't leave a lot of room before there is no more dilution kings calling and offering free money for mils of shares. When the gravy train comes to a grinding halt and it will. Where is all the money going to come from to fund and pay salaries, utilities, bills, suppliers, vendors. Those business will go out of business and the people working at them will lose their jobs and more. Seen this happen several times to companies acquired under dilutive financing.
Dilution Kills Everything.
North Pole the High Fives are one of the best indicators its time to bail. They were thick early this week. You were just slightly early. If you ever read a post on a penny stock board saying that they just bought some share for the wife, and the kids college fund time to bail is near.
Ok what was it on the last qtrly statement? That way you do a fair comparison. Yahoo gets its info from those financials so it should be what they
http://finance.yahoo.com/q/ks?s=PHOT+Key+Statistics
"Shares Outstanding5: 620.03M"
See that 5 after the Outstanding that is a note and the note reads
"5 Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding."
711-620=91mil increase in OS 3 months or est 30.3 mil shares of dilution per month. Won't know for sure until we see the float numbers.
It won't matter PHOT has gotten past middle aged for a Diluted POS Pot Stock. It has entered the Autumn of its short life. Live Fast Die Hard
officerk not me I tell the truth this is a diluted POS POT stock, It had its 15 mins of fame and spotlight but when you go down the dilution road life is short. I told you for the last week the Hydrogen bags were gonna explode and they did today. I'll sell what left of my 350k shares. Some of them went when this went past .10. The rest I'll just have to lower my price.
Unless Of course You have some bigger Hydrogen bags and generator units to replace the ones damaged in the explosion this morning. I missed it I was at the gym. From the looks of the chart one or a few of the debenture holders read those financial thingies last night and said TIME TO BAIL!
I learned along time ago any financials that have the word debenture in them, Aren't worth reading. That's why I only read the charts. No BS in the charts, The chart warned of the impending explosion a week or so ago.
I told you guys to get this to .12 before the financials came out. Now you see why.
Wonder who the next King Of the Diluted POS Pot stocks will be?
UGAZ $14.50 cold wx ahead $16 before we know it.
http://stockcharts.com/freecharts/gallery.html?s=ugaz
The Breakout move above $4 is underway. This could be a real solid play for a long time to come. The Guru article yesterday will be followed up by many more as this turns around. I'm gonna just sit on the 10k blk I own it could be $10 in a year or so and fund my kids college education.
http://stockcharts.com/freecharts/gallery.html?s=znga
The HYDROGEN BAGS IGNITED and went KABOOOM! I warned you guys about the MCIG smokers that were getting on this led Zepplin all week. Looks like the rein of PHOT The King of POS Diluted Pot Stocks was short lived. This pig is too fat to climb the hill. It fell off the throne this morning and broke its crown.
Since the TA is gagged and locked I'll just wait till the Yahoo update and compare the new to the June 30 Shares Outstanding5: 620.03M Float: 495.69M
That way we use a constant instead of numbers that come from different sources
How funny now PHOT is becoming a POS Tracking software company as well as a seller of a in home novelty tomato/turned pot growing light house. The biggest problem I see with the Photron 10k is size you can't grow anything very big. It kinda reminds me of a Shopsmith. Jack of all trades master of none. Why try to become a POS tracking company when there are already some excellent proven ones, like BioTrackTHC or MJ Freeway.
Man the acquisition dilution model of pennystocks has gotten so old. What is PHOT going to acquire next? I think PHOT is running out of ideas or maybe smoking too much weed and coming up with ideas.
Let's just get this pig lifted to the target zone. .10-,12
GO PHOT RAH!
The mission is to sell my 350k PHOT shares from .10-.12. You'd think that would be easy, given all the stuff you keep telling us. I agree great numbers I haven't looked at them, I just agree.
If the 711 number is the OS, fine what is the float number? It is the better indicator of the dilution rate?. If the increase was 100mil then the dilution rate dropped from 50 to 25 mil per month. As is to be expected as more fish fill the stream its harder to release more new fish without killing all the old fish.
MORE HYDROGEN! Order some more Hydrogen Bags, Let's get this pig lifted.
MJ does sit at .14 vs the .50 it use to tag. Its to fat to move anymore so it just sits while they sell of the rest of the dilution shares. When those are all gone so will the support at .14. And it will head for the slaughter house
share count last qrt Shares Outstanding 620.03M Float: 495.69M as of June 30 still up on Yahoo.
http://finance.yahoo.com/q/ks?s=PHOT+Key+Statistics
Does the current financials list the current OS and Float? If you say the OS 711 thats 90mil increase or is that 711 mil Float which would be 215 mil increase which would be in line with the previous qtr dilution rate of 55 mil per month. If thats the case by next qtr this will be a morbidly obese diluted pig that can't get off its fat belly to even stand up. See MJ its in that situation.
jump1 those 620mil OS 495mil float numbers are as of Jun30 Qrt ending, qrt to qrt from the previous the numbers increased at a average rate of 55mil brand spanking new shares per month. Its been 4 full months since June 30 so another 220mil new shares to the OS and Float approx.
http://finance.yahoo.com/q/ks?s=PHOT+Key+Statistics
That is why you guys need to get this led porker lifted ASAP before the next qrtly report comes out showing what the new float and OS are. I think some of the Hydrogen bags are leaking today. Hurry up and get a crew up there to patch those things. And tell those guys with the MCIGs to stop smoking Hydrogen is very flammable.
.10-.12 above .12 This baby is gonna blow KA BOOM!
GO PHOT RAH!
Markmark1 If the TA and the share problem doesn't get fixed ASAP none of this will matter. This might just be another dilution pig dressed up to look different. All shareholders of MCIG should be not only concerned but pissed off the CEO gave Lifetechers 250mil shares to unload on us at anytime.
Yes I had 200k shares and as soon as I read AB interveiw which was after I bought I knew something was amiss with the share structure. I was able to sell 100k flat.
I still have 100ks from .12 approx shares Making ME A FLIPPING MCIG BAGHOLDER!
Options average down Hmmm what about the other 125mil that might just keep coming.
Sell and take a loss. Its in a Roth IRA can't write that off.
Hold and hope for the best after all its the best dam $10 panty key I've ever seen.
Keep hammering away at the management to unlock the TA so we can see the dilutive nature of the lifetech insiders dumping all day everyday until proven otherwise.
Help Me I'm A FLIPPING MCIG BAGHOLDER!
Procannabis thanks for the TA report. It backs up what I said the float is 250mil 125 of that has been registered as of Oct 14, 2013 leaving another 125 mil that can be registered and sold at any given moment because they are not restricted they are part of the Free Trading shares.
This is why we need to check this every week for the next 3 months then biweekly for the next 6 then monthly after that until it is stabilized.
Those 125 mil shares will have the same effect as dilution.
From the chart perspective the pullback from .26 to .06 should be a great entry pt. but the accumulation line keeps heading south though as well as the price. You can have the best chart reading skill in the world and mine are pretty good, but diution or anything that looks like it meaning lots of shares available to sell into the trading float at anytime can shoot that read all to heck. So MCIG go up or it might continue the slide or it might just sit here in a liquid range while someone registers those 125 mil shares and sells them all day everyday.
The only way we can judge that is thru periodic and regular checks of the share structure with The TA.
All of this raises a very very important question.
You were able to get that share report from the TA yourself on Oct 14.
About week or two ago the TA wouldn't give that info to my Broker Etrade.
Why did the company lock the TA?
why can't you cut and paste the actual TA reported numbers not just rounded off estimates.
kaleoinvestor yes I initially bought 7k shares from just under $12-$12.20's. I flipped 2k of them over $14 then bought them back today before the report. NG came down pretty good in Oct setting up the good UGAZ entry pt. Winter is coming milder or colder than the average, I think NG prices are in a good position to rally back above $4. Well just have to wait and see.
http://stockcharts.com/freecharts/gallery.html?s=ugaz
Real nice swing in NG pulled all the way down to $12.76 prior to the NG report this morn 20mil build bullish report winter is coming.
UGAZ back to $13.5 on the report
Mr.Schmid2013 sit down shut up and drink the koolaid. I couldn't agree more. Playing I got a secret will only hurt these POS pennystock far more in the future. This thing is brand new out of the box with a massive amount of baggage it is dragging along dragging it down in the form of 250mil shares owned by people from a former life. They are sold out in only 10 days, Well I'd say no matter what that is some piss poor planning.
Some real problems that need to be addressed and fixed now not later.
Procannabis 125mil? TA reported an even number? How many shares are restricted? The float is OS minus restricted. What you are telling us is by not telling us is, there is an additional 125 mil unrestricted shares waiting to be registered and sold/dumped at any time. The Float was increased 10 for 1 making it 250mil not 125mil.
You said the float was 125 mil a month ago from you dd. Where did you get the number a month ago?
why don't you just cut and past the email.
I don't like the taste of koolaid.
WARNING!The TA is locked/GAGGED
The MCIG smell is quickly getting bad and will get worse until this CEO
Produces some real transparency
Simple
1. Unlock the TA, no supervised visitation with the TA
2. How many shares do former lifetech insiders own?
3. Reduce the AS to 500mil
Huy I don't have a problem with the product great product. Best Dam $10 panty key I've ever seen. If you know of a better one lets hear about it and I'll buy some.
I just have major problems with the management specifically the CEO.
His cluebag is either totally empty when it comes to how the pennystock market works and how shareholder think and will react
or
He is fostering the dump of shares thru the 10 for 1 fwd split to lifetech shareholders. I have a feeling some very large blks of shares are owned by lifetech insiders. This would be a way to raise capital.
Why else would you take a 25 mil float 50mil OS and 500 mil AS and increase them so drastically.
A Locked TA is the number one warning of dilution
An AS increased to 1 billion is a red flag warning of coming dilution.
They are just going to keep it in house.
UNLOCK THE TA
LOWER THE AS TO 500 mil
LETS SEE SOME TRANSPARENCY