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Impossible, I read on a chat board once that a stock in a dilutive phase will never go up... ever... it was on the interweb so must be true.
Dominion has 17 mill left to inject into the float soon, once absorbed the constant PPS pressure should be greatly diminished.
The power of a ticker symbol or name is such an interesting topic. You are so right.
Of course, but this is iHub...
What's your point?
Nobody here reads the important documents, they just listen to people like us banter....
Simply surviving the traditional PIPE financing was a major hurdle.
Since we have now have access to committed capital it just might.
If people had the cajones to hold or buy under the PIPES, this is great news, because it's an 5% discounted equity line of credit of which the company itself has the draw down power.
A much better, albeit dilutive, method to raise capital.
Is it finally happening?
PS: truce, I was a hot head.
I know you've been around a long time, love it when a plan starts to come together.
Looks like that equity line and the time lines from the last conference call are happening...
Such empty promises, TRTC is such a failure! OK...
It's gonna get real thick in here. Entertain me... ;)
Now that was funny!
Insider buy of 236,000 shares by Nahass.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10718224
I think EVERY stock on the OTC says they are a "WORLD CLASS LEADER"
Is this back to a downtrend?
First time in PIPE financed company? The structure IS a kickback.
And your intraday take.....?
Classic pump and dump... But, but, but, Brazil....
CBD no longer legal in USA, glad they got Brazil.
http://mjbizdaily.com/fda-says-cbd-products-dont-qualify-as-dietary-supplements/
But plenty of profit to not need to use TRTC's money.
Organic growth at no expense to the parent company.
Watch for another huge form T after the close.
The broker dealer facilitating the dumps has been giving other MM's a $.01 chop on their trades, like yesterday. The same thing will happen today, IMO.
OK the CEO letter I like... explains much of the saga I missed.
This stock is a mess, but.... after a reverse split and dribble to a more reasonable market cap, with all new management...
There "seems" to be an infrastructure that must have some value...
My investment charter disallows any OTC security below OTCQB tier.
Not that that really means anything.
I'm just here because I once followed and profited once in 2013. Kinda like checking up on an old girlfriend...
Is Kannaway taking the Project CBD lawsuit seriously?
You'd think they would add a recent lab result...
https://kannaway.com/lab-results.pdf
https://kannaway.com/
Sorry not a CPA, but just can't see Kannaway worth that much as a "real" asset nor have that much "goodwill" value.
DEFINITION of 'Goodwill'
An intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.
Read more: http://www.investopedia.com/terms/g/goodwill.asp#ixzz3aANEl2RS
I was once a owner in 2013 and profited nicely. I had very high hopes and thought if management was cleaned up I could come back.
IMO, I think it's way overvalued with inflated assets on the balance sheet.
Especially with current share count after the Kannaway acquisition of which we have NO details on what MJNA bought for it's $100 Million.
Believe me when I say GLTA on MJNA, I just don't agree right now.
Plus, you're right I don't want that pizza and beer anyway, but hate to lose any wager... ;)
Exactly, if I was a shareholder I definitely would like to have details on a $100 million purchase and justification of paying such an absurd amount for a MLM organization.
Especially since most MLM are considered scams....
Yea it takes a lot of time to be that creative with the financials.
LOL!
Definitely "goodwill" and not a real hard asset... How is a Multilevel marketing company honestly valued at $100 million? LOL
Thanks Doc...
I have until tomorrow's market close, before I lose that call.
There is a pizza and a pitcher of beer on the line here.
I stand corrected, I misunderstood the relationship of Cannavest to MJNA anymore.
Got a link?
OK, but seriously, Is this the old management suing the newer management..?
Cannavest v. Kannaway
Hempmeds v. Cannavest
MJNA and hempmeds v. Cannavest
Was Cannavest a majority owner in MJNA once...?
For some reason I think your IVXX # will be dead on... I think I heard it in a conf call?
The link is the financial report itself.
Why is everyone filing lawsuits against it's own entities? Page 11
Really?!
The major dump was done on Form T because...
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
Also isn't their a lawsuit between these entities?
Shall we discuss the manufactured revenues between these entities...shell game...
Come on read page 18.
All managing insiders all own less than 2%, except for HDDC et al at 47%
Here's your LINK:
http://www.otcmarkets.com/financialReportViewer?symbol=MJNA&id=138119
They're dumping it like crazy look at the 4,437.030 share dump at .062
Have no fear they have an attorney letter, even the extremely small amount the insiders can be sold.
Lack of insider ownership tells volumes.