Empire Building 101
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Agreed. Remember they will report record revenues for Q4 although still dismal at best. In retrospect take a look at all other companies involved in MMJ and this is one of the better ones in regards to revenues. I still think its a go IMO.
With yesterdays volume you may be right. Certainly strange to say the least.
Dont know if this is new or not as there is no date. Certainly is a good read and very short.
http://cannazine.co.uk/cannabis-news/united-states/cannabis-science-to-file-patent-for-its-cannabis-processing-drug-delivery-systems.html
Can we expect revenues Q4? I've heard the product was not available until after 10/01/2011. This came from a recent PR.
The first two Cannabis Science Brand Formulations, Cannabis Science CT-1 and Cannabis Science MT-1 are now available at both Cannabis Therapeutics and Marisol Therapeutics exclusively for Colorado State licensed medical marijuana patients.
Exactly what is the potential here? We already know the word is spreading.
Thought I sold out here long time ago only to see I;m still holding 3k(LOL)!
It is very as no one is buying awaiting for the PR.
Surprized the stock is flat. I thought it would gap up for sure.
Todays new is going to start the rocket! I believe we could see a 50% gain today!
Imagine how excited we are going to be the day we get to click on an MWIP new news release and see what it says!!!
Hope I'm still alive when the PR comes out(LOL)! Just kidding i expect something real soon!
Hopefully soon. ERBB has tripled from .003 to .009 in less than 2 weeks. Certainly our time is near with a PR that blows it out of the water. Of all these mmj stocks our current Q4 ending will be better than most.
Goarmy... Remember they did 1 million in Sept. and for the Q they reported 19k total. The Q ended Sept.30 and below is the PR which stated they did 1 million for Sept. & Oct. The Q like all Q's is for 3 months.
http://finance.yahoo.com/news/MediSwipe-Inc-Announces-Two-pz-2830096381.html?x=0&.v=1
Now here is the PR for Nov. & Dec. which also translates to 1 Million a month.
http://finance.yahoo.com/news/MediSwipe-Inc-Announces-Over-pz-369249351.html?x=0
On average they make 1-3% on transactions. So lets give them the benefit of the doubt and give them 2% and you come in at $60K. In a prior post my expectation was 50K for the 3 months.
How many month's in a Q!!! lol 30 or 40 g's. lol it's thirty for those who don't know the right answer!
There is 3 months in a Q.
Please learn to READ.
LOS ANGELES, Dec. 22, 2011 (GLOBE NEWSWIRE) -- MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP.OB - News), a merchant payment solutions and financial products company for the medical health care industry, and its wholly owned subsidiary 800 Commerce Inc. (www.800Commerce.com), a leading enabler and turnkey e-commerce solution provider including mobile payment solutions, today announced over two million dollars ($2,000,000) in merchant processing transactions on behalf of client Rx Pharmacies, wellness centers and retail merchants for the months of November and December.
Furthemore, they will only receive 1-2% gross revenues giving them 10-20k a month.
Totally baffles me people misquote PR's and then pump lies. Currently they have announced 1 mil per month for Q4. This will give them approximately $30-40K in revenues for Q4.
Currently remain cautiously optimistic here as Friedman has not been upfront. Still has not PR'ed the Vesta deal as terminated.
Most companies that have more than 1 division almost always show details in the 10Q. I like what you said as this also gives them the ability to spin off the medical marijuana and leave the debt debentures to the parent and leave MMJ debt free. This IMO seems must more logical and give Jacobs a lot less. This very well could be the direction they are going as it cetainly makes a lot of sense. Now the debt holders can no longeer profit from the new adventure but properly gain only from the Tranzbyte business. Think out of the box and you can actually see a lottery ticket with winning numbers as I do.
Why wont Ameritrade let anyone buy? anyone else have this problem?
While it is farfetched obviously there is more to this than we know. Please explain the reverse split theory. I do believe it is coming but really dont know where you came with that.
Would this name change by any chance have anything to screwing over some past debt holders making the medical marijane a subsidiary of Tranzbyte. Just food for thought. They are definately doing this for a reason I just cant put my finger on it.
I believe alot was continegent on the deal going through. It is very sad this has not been PR'ed as it was a material fact. Friedman should really be investigated by SEC as many things are covered with a disclaimer he has went waay to far.
It was meant to be humour as the man has no clue as to timliness.
While I am now convinced these guys were/are crooks I dont understand why the volume yesterday and who would be buying. makes no sense any ideas?
Should see news this week. They said 3 days although Friedman meant 3 weeks. Probably just a clerical mistake.
Here is the PR from ERBB.PK
http://finance.yahoo.com/news/Federal-Judge-Throws-Out-Gov-prnews-341273074.html?x=0
Is this for Chinese microcaps? If so, I hardly doubt there is 6 stocks worth buying,
Does anyone live near headquarters? If so maybe a visit is in order. The man needs to be confronted face to face on the seriousness of his actions. Unfortunately I live in Indiana.
Personally I believe Friedman will get it done but for the love of God why would you put this in a PR?
. "Further, we have retained a new independent auditing firm as of Thursday this week to finally complete the independent audit of 800 Commerce so that we may file the S-1 spin-off of the division as originally announced. Details will be announced in a form 8-k filed within the next 3 days," added Friedman.
You hire somebody on Thursday and your going to audit the books and also get the 8k out in 3 days. This was not even a remote possibility. Stop PR'ing this crap and get real!
Happy New Years to all here. Get ready for a wild week IMO. GLTA
Agreed ! WE are holding up very nice especially with the last few days of the year with people selling for tax losses. Remember anyone who sells must wait 30 days before buying back. IMO, that alone would be a deciding factor as we all await more news. For anyone who sells with an intent to buy back may want to reconsider selling as they may not be able to get back in.
Penny land will be no problem bro! I'm thinking multi pennies
No doubt in my mind!
People need to realize that many are still selling for tax losses and this alone has had a tremendous effect of stock price. Had this news come after Jan.1 i believe we could have easily tripled to over a penny IMO. I believe we will see a mimimum of .05 next year. Postmark this post and let's see what happens.
Neo the last sentence here states that this does not include 800 Commerce. Does this mean that revenues could be much higher?
Mediswipe (OTCBB:MWIP)
Intraday Stock Chart
Today : Thursday 22 December 2011
MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP), a merchant payment solutions and financial products company for the medical health care industry, and its wholly owned subsidiary 800 Commerce Inc. (www.800Commerce.com), a leading enabler and turnkey e-commerce solution provider including mobile payment solutions, today announced over two million dollars ($2,000,000) in merchant processing transactions on behalf of client Rx Pharmacies, wellness centers and retail merchants for the months of November and December. These numbers are not consolidated and do not include the 800 Commerce division.
Forget the S-1....focus on the business!
This news is very good as they now have over $3 Mil in transactions for the 3 months ending 12/31/2011.
The silence is deafening and trully showing a lack of respect to shareholders. Friedman needs to start being upfront and timely. His credibility and reputation is eroding very quick. It is almost becoming comical here as it appears as he is becoming a politician. How can you tell when a politician is lying? His lips are moving.
Certainly Friedman PR's the Death of the Vesta Deal. This is very disturbing. My hope is Mr. Friedman is on the up & up here especially pertaining to the credit card business and the change that was recently implimented. The disclosure of the Vesta deal is material and needs to be reported IMO ASAP!
Unfortunately their will be no merger with Vesta. The DD has been completed and both companies have agreed to continue operating independently. Hopefully we will be updated.
Looks like we are going to go alone. Not really sure what is happening with the new structure. My gut feeling something is not going as planned. This is IMO!
P.S. I wonder how long before Friedman does a PR on this.
NOTE the new phone number on this PR. To my knowledge it still has not been updated to webpage
we should hear something today. 50/50 at best as far as good or bad news. With the Govenor being who she is in Arizona I dont think she gives an inch and will eventually be voted out due to this continued stance towards MMJ. In essence I still see nothing positive in regards to the allowance of dispensaries.
Anyone call?
It is not. The new number is (615)252-4099. Same as 800 commerce. They have an awesome website IMO. For whatever reason the number was not changed however that is the correct number.
I'm the one who gave you the responce from Vesta. Yes I was there and do believe this surely has potential. I also told you too many are focused on the S-1. Focus on the biz itself.