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This year isn't going to be like last year in the sector where rising tides float all ships. Investors are more savvy and are paying attention to details like business plan,toxic debt, dilution,products, R&D and yes... even revenues. If you look at the MJ index for yesterday you will see that the writing is on the wall and many so called MJ sector stocks will be left behind. Too much money was lost last year on pure hype for investors to have an across the board lais·sez-faire attitude about stock picks in the MJ/MMJ sector. Investors are going to be more prudent and that will benefit MCIG.
Ok...Thanks..
Do you mean something like a "NEW" 2 bead abuse resistant technology that can be applied to all opioid pain medications? If that was the case it would be prudent for J&J to divest themselves of a soon to be obsolete franchise imo. Probably would not be so advantageous of a move for Depomed Inc. long term however if this proves to be the case imo.
Sorry for expressing a little exuberance....I should have just been content reading Steve's "not bad for a friday!!" post and kept my opinion to myself....lol
Nice solid green day for ELTP today........ 3.5 % increase on 221K buys vs. 308K sells.....who said this stock was being manipulated?? $$$ ELTP $$$
Exactly...sure the share price struggled after it peaked Q1 2014 but they never hung their heads or threw in the towel or resorted to dilution and toxic debt to finance their goals. They kept pumping out the new products and followed through with what they said they were going to do. Folks are definitely starting to take notice!!! This is the year the wheat gets separated from the chaff in the sector and MCIG is going to be recognized as one of the safest MJ plays with huge potential rewards. I truly believe that MCIG is going to be one of the 1st OTC MJ sector stocks to hit the big boards if not the first.
Nice solid move up on above average volume today!!! Looking like deja vu from last years chart!!! $$$ MCIG $$$
Great to have you on the board StockWizard! MCIG is definitely "the" MJ/MMJ sector stock to own. Chart is definitely looking like a mirror image of last year but this year MCIG is leaps and bounds ahead of where they were just 12 months ago when all they had was the mCig 2.0 and a rumored product code named "vita" on the horizon. No dilution and no toxic debt makes MCIG a premier choice for investors wanting to enter the sector with peace of mind. $$$ MCIG $$$
It does increase exposure which could potentially increase sales. The more markets MCIG and VTCQ gets exposed to increases brand awareness which theoretically translates into increased sales. They also have the mCig 2.0 for sale on that site for $15 whereas it was normally $10. The site looks like it is offering only the original 3 flavors of the Vitacig which may indicate that they ordered in bulk some time ago or have a WDR agreement in place. Same with the mCig 2.0.
E-cigarettes packed with marijuana oil set to boom in Colorado
http://www.nydailynews.com/news/national/pot-boom-e-cigs-sales-set-soar-colo-article-1.1567304
"Along with our recent investment in our CannaProTech, LLC subsidiary, operating out of Oregon, we are quickly putting the pieces together to be an industry powerhouse," explained Paul Rosenberg."
http://money.cnn.com/news/newsfeeds/articles/globenewswire/10115514.htm
Versions of the EM-J™ will also be available on an OEM basis for extraction companies, growers, and dispensaries as well.
Lol...I would expect nothing less from you pita!
With Richard Krueger's marketing expertise MCIG will get the revenues! Don't let that title Executive Vice President (EVP) of its new software division fool you. Richard is a marketing guru and that is what he will be tasked with!!!
http://globenewswire.com/news-release/2015/01/08/695982/10114665/en/mCig-R-Inc-Launches-Technology-Division-Led-by-Former-MicroStrategy-Exec-Richard-Krueger.html
Resume:
http://www.indeed.com/r/Richard-Krueger/a1ae5ddf1bb7790c
Great news today! MCIG CBD Tech rolling out it's first products.
mCig's Oregon Subsidiary, CannaProTech, LLC won't be far behind and will have it's products ready for Oregon Rec legal mandate when it becomes law on July 1st , 2015! New Line of Extraction Machines and Innovative New E-Liquid Technology soon. Snoddy likely hard at work with the M$ignature series of high end vaporizers. Vita Inc. signing deals and getting the product recognized across the Globe. A new software tech division for the MMJ/MJ sector.Richard Krueger is a sharp individual with quite an impressive resume. His marketing strategies and expertise are going to bring in the revenues folks!!! I think we test last years 52 week high in the coming months leading up to Oregon's legal MJ rollout.. Many good things coming from MCIG/VTCQ....
Yes , except it was a private company subsidiary and not publicly traded. This would not have satisfied the equity requirement for uplisting. Spinning off Vitacig and having it trade publicly while retaining a substantial stock equity position in it does satisfy the equity requirement for uplisting. It's in the PR's and I know you have read it before. This was one of MCIGs main reasons for the spinoff.
He's actually right. The spinoff of Vitacig and the equity position gained by owning 47% of Vitacig satisfies a requirement for uplisting.
They very well could be holding some shares if they were holding MCIG when the spinoff took place. My point is that they are not holding 10's of millions of shares like they would have been if there were an underwriter and shares were distributed to brokerages for pr-IPO sales like you would see on the bigger boards. If they anticipate a huge demand you can bet your A$$ they will be trying to grab shares on the cheap to sell back at a profit imo.
It is going to take a little while to find an orderly market indeed. Look at facebook where all the early buyers got burnt and then many sold for a loss while the patient and others who bought the dips and held are now swimming in cash.
I am certain we will see an announcement once VTCQ "officially" starts trading until then I would hang on to your shares and not be in a hurry to line the MM's pockets with your money!!
I would anticipate the MM's manipulating the share price of VTCQ until they get their fill of shares. Considering the only folks that rightly own VTCQ were MCIG owners the MM's don't have piles of shares to sell like they would be if they were an underwriter and there were pre -IPO sales. Once the MM's have their fill they will turn around and sell them at a profit to retail investors. Keep this in mind if you are thinking of selling your divy shares at first chance. The patient will be rewarded here imo.
Here is a link for DTC eligibility and as far as forms being filed I am confident that all the paperwork has been or is being filed diligently with the SEC and Finra and VTCQ will be up and running officially very soon. Some folks are just trying to over complicate a grilled cheese sandwich...lol
http://www.dtcc.com/asset-services/issuer-services/how-issuers-work-with-dtc.aspx
That is a nice description of Vitacig.
I don't think there is any way to know or find out...The greys are the wild, wild west of the OTC. Look at how much manipulation takes place on the upper tiers of the OTC as it is and here you are in the greys with no accountability or documentation.....
I'm sure there is some communication between brokerages or your trade was done in house. I am not an expert by no means on grey market trading and not a fan of it either. Hopefully all the proper filings will get done soon and the agencies involved will get this properly listed and trading normally. I wouldn't draw any conclusions about the stock price while it trades on the greys. Way too ripe for manipulation at this point imo.
The wheels of Government move slow and that includes the SEC. For all we know the proper paperwork has been submitted whereas you decide to believe that they have not. .
Misinformation!!!They were not required to file a 10Q as they were not a publicly traded company during that time period ...
Market Makers have to file a 15c 211 and Vitacig has to be certified DTC eligible.
http://finra.complinet.com/en/display/display_main.html?rbid=2403element_id=1159004558&element_id=1675&print=1
That's what I was told by Etrade...broker to broker trades, all orders had to be called in and bid, ask and quantity had to match perfectly.
Why do you find that so, rotflmao funny that an investor lost 40% of his value in a stock that he bought earlier today??????? Smh
Not true when you say the folks buying and selling today were just the folks who got the dividend. As you recall there were some shorts who got trapped owing for the dividend , some of whom likely covered today by buying VTCQ. Also MM's probably loaded some shares from those who could sell and did and will sell them back at a premium once VTCQ officially starts trading. That is my assessment and I think with an announcement or PR their will be sufficient interest in VTCQ to drive the price much higher than it closed today imo.
"The unofficial trading of a company's shares, usually before they are issued in an initial public offering (IPO)."
"The grey market is an over-the-counter market where dealers may execute orders for preferred customers as well as provide support for a new issue before it is actually issued. This activity allows underwriters and the issuer to determine demand and price the securities accordingly before the IPO."
etrade has no info yet...on the phone with them on hold....
Probably MM's trading amongst themselves. In the Grey market there is no bid or ask posted and in order for a trade to work, the asking price, selling price and quantity have to perfectly match or no trade.
Same with ETRADE...it tells me I don't own the security.
VTCQ 0.10 Up 0.10(625,040.81%)....lol
Nice!! Robotics are the future..
125,574,700 on the bid @ .0003....smh
Titan Pharmaceuticals to Present at 8th Annual OneMedForum
SOUTH SAN FRANCISCO, CA--(Marketwired - Jan 6, 2015) - Titan Pharmaceuticals, Inc. (OTCBB: TTNP), a specialty pharmaceutical company developing proprietary therapeutics for the treatment of select chronic diseases utilizing its ProNeura(TM) long-term drug delivery technology, announced today that its President, Sunil Bhonsle, will present at the 8th annual OneMedForum taking place on January 12-13, 2015 in San Francisco. The presentation is scheduled for Jan. 12 at 11 a.m. in the Public Company Track Room, Marriott Marquis, San Francisco, California.
Mr. Bhonsle will review progress of the Phase 3 development program for Probuphine(R) for the maintenance treatment of opioid dependence and the potential re-submission of the Probuphine New Drug Application (NDA) this year. He will also provide an overview of the company's ProNeura for Parkinson's disease program and other key company milestones for 2015. OneMedForum brings together more than 100 emerging growth companies and more than 1,300 investors in the health care sector at this annual conference.
I would be anticipating some announcements from Vitacig prior to the actual trading to stir up some buzz. It certainly seems that it would be worthy of a PR or 2 imo.