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Midas Letter about to go live with Bruce Linton from Bruce's house.
Midas Letter about to go live with Bruce Linton from Bruce's house.
Forgive me. It's on my watchlist...I couldn't help myself.
Also, "Negative" is a subjective word. I, myself would call it "truth".
By the time they reopen it will be at .0001
Implement the 1:1000 RS and the new SP is ten cents.
LMAO
This should already be at .0001 because this company has no business operations...stock is essentially trading on algorithms where high frequency traders are making 1 cent per trade off of 40 million trades per day on multiple stocks like these.
40,000,000 x .01 = $400,000 per day
These computers can buy 100 shares at any price; specifically the down price, and sell on every .0001 tick. These computers do this millions of times over and over throughout the day.
Bruce should stay out of the MJ sector until there's some clarity and stability. Tech/software is the business to be in right now. Most tech/software companies have twice as much market cap as Canopy.
The number one attribute a CEO should possess is INTEGRITY. All the lies Jimmy spewed has finally caught up to him (the stock price). If you're not recognizing revs, don't say that you are (period)
Tune in today at 3pm Eastern time.
https://www.youtube.com/user/MidasLetter
Proctor did mention another guy who came from Mitel so I think they have an all star management team. He also mention being approached as an acquisition target but they want to wait until they be come bigger.
Imagine them becoming a billion dollar company then selling the company for billions. We'll see what this team has in store.
Bruce has a non compete agreement with Canopy. He cannot take another job at any Canadian cannabis company.
Last post of the day...
FWIW, ticker symbol MTLOF is available.
Unfortunately it was all sell volume...90%
https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/trades
We'll find out tomorrow. Just hope he's wearing a "Martello" shirt.
He's going live from his backyard tomorrow...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149837459
Just these comments alone shows his brilliance...
“I’ve been leaning in super hard on them to say, ‘Guys . . . you can buy companies one at a time, or you can sign three or four or five up, make it binding on them, and then figure out which one you want to buy,’” Linton to Yahoo Finance.
“What I’m doing is taking some of the things that I have learned, a little bit more of my standard ‘put the screws in as fast as you can’ (strategy),” he added. “What I really want to do is make it a solid serious business which could either make a good home in a private equity firm or be a bigger market capital company.”
I'm sensing an updated OTC status and a new ticker coming soon.
Once that happens, I see the OTC volume surpassing its TSX volume.
Competition will only get tougher. Those with the funds will be the survivors.
https://marketwirenews.com/news-releases/growgeneration-appoints-former-home-depot-ceo-bob-na-6016310029159330.html
"GrowGen owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 23 stores, which include 5 locations in Colorado, 5 locations in California, 2 locations in Las Vegas, 1 location in Washington, 3 locations in Michigan, 1 location in Rhode Island, 2 locations in Oklahoma, 3 locations in Maine, and now 1 location in New Hampshire. GrowGen also operates an online superstore for cultivators, located at HeavyGardens.com. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Our mission is to own and operate GrowGeneration branded stores in all the major legalized cannabis states in the U.S. and Canada. Management estimates that roughly 1,000 hydroponic stores are in operation in the U.S. By 2020 the market is estimated to reach over $23 billion with a compound annual growth rate of 32%."
No one knows Trumps stance on MJ, but if it's not done under his reign, there's no telling what the next administration will do. They'll keep kicking the can. IMO
Hopefully he's wearing a "Martello" shirt. lol
Elaborate.
Don't forget the money they spent on the Times Square ad. All wasted funds at shareholder expense.
IMO, this will be dragged out for years and yeas and years...just like the Fannie Mae fiasco. What I've learned over the years are politicians like to talk a good game but never act on anything.
8-K proves they're broke. Can't afford to pay a holder on a timely basis. They should just stop the bleeding and file for protection.
Good topic.
VFRM (Veritas Farms). They are already distributed nationwide via Kroger. Acreage should target farms that are fully integrated (from seed to sale).
New Linton video...talking 5G and AI...and a little Martello!
https://www.yahoo.com/finance/video/bruce-linton-talks-canopy-growth-184050441.html
New Linton video...talking 5G and AI...and a little Martello!
https://www.yahoo.com/finance/video/bruce-linton-talks-canopy-growth-184050441.html
New Linton video...talking 5G and AI...and a little Martello!
https://www.yahoo.com/finance/video/bruce-linton-talks-canopy-growth-184050441.html
You need a deal maker...black market has plenty of growers and sellers...mostly uneducated. For the most part CEO's are educated, so nice try.
No brains, no success.
So I guess Constellation shouldn't even bother looking for a Chief Executive Officer; cause they are useless? LOL
Must have happen after hours, and a "Form T" trade too...lol
Next CEO will be under a lot of pressure. This might turn into a sports coaching gig...firings happening every few years.
I echo some of the other thoughts that there should have been a shareholder vote on this matter...no CEO at Canopy is safe.
They should be OTCQX and in time I think they get there. They are pretty much in the same sector as SAP and Oracle...and if Bruce can work his magic, maybe Martello can have just 10% of the market cap that those guys have.
This company's stock would really skyrocket on the OTC if they have the "Grey" status removed. Americans are hesitant to buy when there's such a status. They could also use a ticker change so it's no longer reflected as Derek Oil. JMO
No volume and the day is almost over.
Is this halted?
The work environment is already toxic. Bruce wouldn't dare go back. He's going to enjoy his 18 million shares and move on to a new challenge.
If I were Proctor I'd have my people working hard to get their OTC market status fixed. Right now being "grey" isn't a welcome sight for would be investors even if it's not their current situation. Americans will be eager to buy this stock if Bruce is coming on board and the last thing they need to see is that "Grey" symbol/status.
Hopefully Bruce announces his plans in the next coming days. I wonder if this software company can be implemented to work for/with hemp/mj/pharma businesses.
Yeah, they are slick and the last 100 subs they have will cancel after this latest move. Might as well know they won't be coming back online. No more free movies Big.
I don't mind chasing if the time comes and the news for such a run is warranted, but right now there's money to be made elsewhere.
SGMD will remain on my watchlist.
Best Wishes. I'm out already.
Probably won't post anymore since I have no skin in the game. Again, best wishes my friend.