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FDA decision due by the end of March for their Epinephrine (EPI) Pre-Filled Syringe (PFS) with revenues expected 1H 2015- - 10% market share is about $100 Million in sales. X 20% profit margin = $20 Million profit DIVIDED by 15 million shares outstanding = $1.33 EPS X conservative 30 PE = $40 PPS. ALSO - low risk, quicker path to revenues for a robust generic pipeline, including the APC-5000 generic Advair, that address markets totaling over $13 billion. Major Multi-Bagger here!
Volume is up, available shares are drying up, as few are now willing to miss this mega opportunity, which is as sure as it gets.
12.5 Million Shares Outstanding!
This goes up every single day, regardless of the overall market!!!
I don't think that scared retail buyers have driven up the price. I believe that it's been friends and relatives of insiders, which if true, would lock this up even tighter and imply that something big is about to happen.
Not if, but when! And when the "go" is finally announced, this will be in the dollars during the same week! This patented micro imaging digital technology is the future of the industry. The industry is using slow expensive antiquated testing methodology. MMTC is the future and every one here knows it, regardless of whether you're long or short.
I've been holding this for almost four years. I can wait another four years. Eventually something will become of this or, for this price, what have you got to lose? Sixty dollars per hundred thousand or six hundred per million. Answer, virtually nothing!
Because VHC and other IP companies tanked, so obviously the entire boat was dragged down. But the true jewels in this sector are going to rise to the surface and take off.
We haven't seen anything yet. VHC was $25 earlier this year and they didn't have a fraction of what SPEX has, and they were over $40 less than two years ago with twice the outstanding shares. SPEX, with their pipeline, is going to run for a very long time.
Historical Short Selling Data For VRCI
Date VolShorted ShortVol RegularVol
Sep 23 36.41% 471,391 1,294,645
Sep 22 20.10% 344,000 1,711,803
Sep 19 31.83% 423,340 1,330,014
Sep 18 10.42% 489,864 4,703,118
Sep 17 28.29% 849,400 3,002,402
Follow the Money! 9/17/14 "13(a) represents the price of the shares (3,750,000 shares @ $0.08)." Why would investors continue to fund VRCI at .08 per share, when they could have gotten those same shares on the open market for .01 per share? Obviously they are very confident that their shares will be worth a lot more than .08!
Now that's funny right there! The Golden Chicken, I can't stop laughing.
bman, I got in front of you with an .0185 bid for quite a while and gave up. I finally decided that it wasn't worth the risk for me ($20 more per 10,000 shares). It's been quiet for quite a while, and any information at all could spike this. I wanted to average my .08 down a little, and if it does go down some more, I'll continue to average down. I seriously doubt that they'll burn 15 of their financial friends who are also in at .08 for an aggregate of $800,000, and they're probably the ones who bought up most of those shares, averaging down themselves. Perhaps that's why it's been so quiet, to give the 15 investors the opportunity to buy for next to nothing.
Well, well, well, I guess someone's finally out of shares. Guess I'll settle for a few 2's for now.
Did you even watch and listen to the conference video link posted here?
How much are you being paid? Or why else would you be here?
I know 15 people who have collectively bought up 10 million shares at $.08. I was rather impressed with Pelosi's presentation in Canada, and impressed how he got on the panel of which there were only four members. He represented us well, and he essentially said that he was in this for the long haul, to put the company in a position to be bought for a minimum of $400MM. We're at the ultimate ground floor starting line, and already people are panicking. Unreal! Relax.
They're putting their plan into action, they have capital, they're staffed, they're fully reporting, audited, and I'm not worried. Like you, I'm only disappointed, as usual, with my timing and lack of patience.
Faster
I personally could care less about the 10MM shares, which is better than going into debt, and in this sector, it doesn't mean much. There are now a lot of people that have seen their plans and progress, and they're willing to put their money on it. Say what you want to about Pelosi's speaking abilities, his mother Nancy's isn't much better and look at what she's accomplished. The Pelosi family is filthy rich, corrupt, and one of the most powerful families in America,which gives our company a major sense of legal and political immunity, and in a state where who you know is more important than what you know. Relax
So, 15 investors with a lot more information than me, bought 10MM shares at .08, which happens to be my average price. Okay then, I'm good, until my funds clear.
Realistic? What is that? We don't and won't know what is really going on until we're told. It's a lot more involved than Verde putting together a funding pool and loan sharking it out to drug dealers. This is the hot sector of the economy with runaway potential and I don't believe that these guys started running their mouths before they had all of the key pieces of this puzzle committed. If I'm wrong, I lose again. IMO, this is a golden lottery ticket!
Well, I've run out of words of optimism, so perhaps your right. Sounds like you had better sell before it ends up back in the 4's or worse.
Perhaps the Chiefs are the sales team.
It's essentially a new business, and it will take a little time to put all of the pieces together. I'm confident that we'll get news developments soon enough. Patience.
I don't doubt for a minute that we'll see .10 but then what? Will you be happy with that? Will you be glad to get your money back? Me, I'm not smart enough to play the game, because that's where the volume is coming from. People seeing the optimism, getting in cheap, and getting out with a penny. Good easy money, and I see that. Oh well, I'll still be here, doubting myself as usual, waiting for a whole lot more.
LOL, I got in too quickly also, but I'm not worried. Things are looking better, the float is less, and this is an early stage growth industry. There are many examples, TRT_ has a market cap of 100MM and with in the last few moths was as high as over 250mm. So with insiders heavily invested, and people that know insiders investing, I'm feeling good.
Thank you Gator for sharing your story with us, and that's great that you also know someone close to the company, which is what gives you confidence and it certainly makes me feel all that much better going forward. Obviously you believe like a lot of us, that here's an opportunity to get your money back and more. As far as Sangha is concerned, you have to believe that his days are numbered or that he has reformed, had a come to Jesus moment, and is now a major contributing member, and if so, I'm almost glad that he has a cloud over his head and motivation to prove something. Good luck, and please, continue to keep us informed whenever you can.
Mick, I don't think VRCI needs any type of gimmick, and we don't need a spike, IMO we'll see a dollar soon enough just playing it straight. "We are in the process of securing non-dilutive funding", and off we go.
Yes, good volume. But I don't think we will have a trading opportunity for the foreseeable future. I believe we are in a steady incline from here. IMO developments and news will be constantly occurring, and if one tries to trade this company, most of the time you'll just be chasing. It won't take long before investors see the future here, take a long position, and accumulate the entire float.
Plus, I bet PotandGold will get us some pictures before too awfully long.
Too many prominent people involved for this not to be a seriously developing business. They wouldn't jeopardize their reputations.
And unfortunately, I wasn't smart enough to anticipate what POTANDGOLD clearly laid out, as I bought most of my shares at .09. Quote, " A lot of holders who wanted out have been able to exit over the past 2.5 months." His post, for me, is worth as much or more than a PR, because it's obvious that he knows what's happening, that this is the real deal, and mmj try not to ask him specific questions and get him caught up in an insider compromise, which he obviously is, close to the inside. Quote, "when I compare the risks of getting customers that are looking to vertically integrate their dispensaries to the risks facing the Canadian LP business model-- where a number of companies like Tweed (TWD) and Creative Edge (FITX) trade at market caps in the hundreds of millions, $5.4 million mcap Verde doesn't seem so bad." And that's a major understatement! Yes, I think that he's implying Canadian involvement, and as this gets going, people will see this going over a dollar and this board will implode.
I disagree, First the growing: quote "Also we cultivate pre-vegetated plants to maximize yield per square foot in the customer's flowering facility." The growing may be in the dispensary's facility, but rest assured, Verde will be there. Plus: quote " Verde Science will soon launch a research division that will develop marijuana strains specifically targeted towards certain diseases. In conjunction the research division will create medicinal products, pills, tablets, salves, etc. which will be clinically tested on various conditions and ailments for which THC and cannabinoids appearing promising. This will involve various formulations of the drugs as well as determining the appropriate dosing of those drugs. In time this market will likely come under the jurisdiction of the FDA and/or Health Canada. Verde Science will be ready when this happens."
The concern about achieving a 100MM Market Cap??? The first dispensary alone has 1,600 current customers, and with the quote " Verde will leverage its proprietary commercial aeroponic technology to deliver 20% to 40% cost savings over current wholesale market prices along with increases in annual crop turns between 20% and 60%." They will surely be able to at least realize $100 per customer/per month, which is $160,000x12=almost 2MM. Then, quote "Verde Science's newly appointed director, Luis Bobadilla, has eight years of operational experience in the legal medical marijuana business in Los Angeles. He is very influential among a sizable group of the 132 legal dispensaries in LA County." Let's say that his sizable influence is only 20. That's a minimum of 40 million in revenue just right there. We'll see a dollar!
With all of the information out there already, with audited financials, the Pelosi money and political connection, which is huge, and the statement " Mr. Sangha concluded, "We are in the process of securing non-dilutive funding", I'm confident that we'll see a dollar as they start growing and signing more dispensaries. Once they get this thing going, there will be a constant flow of news.
He seems to have a lengthy resume of success and financial connections, and you have to believe that he has had the opportunity to fully gauge all of the insider aspects of this business, and that he wouldn't have jumped in if he thought that this wasn't doable.
Well, they still have Harp Sangha, so nothing lost. They needed Ken Berscht to "guide Verde through the maze of regulatory and financial hurdles". The main point is that they're busy getting this done.
At this S/P, it does the company absolutely no good to sell stock. They are not paying their bills by diluting. Nothing times nothing would get them little to nothing when your talking about serious expenses. Give them a little credit, because someone obviously has, They are not that short sighted, they are not in the ATM business, and just because they don't disclose their business doesn't make anyone an expert by default, with the ability to draw damning conclusions.
Rooster, you bash every stock that you post on, and every single post on every single board is a bash. What are you doing? Is that your job to bash? That's a rhetorical question of course, but I am surprised that IHub allows this, because that isn't constructive dialog, and I don't think that was what IHub had in mind for this forum.
As they bring it down, buy what you can, help them out, it's money in the bank.