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So that's why the price fell 60 cents this morning?
I don't get it.
This is taking "buy on the rumor, sell on the news" to an extreme never before encountered.
Actually I know -what- happened.
In the last half-hour the stock traded twice as much again as it had all day and the price jumped 20%.
What I want to know is 'why'.
Something caused the stock to run at 3:30pm market time. What was it?
Can someone explain to me what happened 1/2 hour before close?
I just looked for news and didn't see any.
Uh, I'm not complaining, just puzzled. I see no new filings or news on OTCMarkets, Google finance, or here, or anywhere.
I see there's no point in my commenting here anymore. Just had several posts deleted because they weren't flattering Bruce Perlowin, I suppose.
Adios.
I just found myself wondering how high this stock would have to run to make the FDA sit up and listen.
That does seem to me that's what this company is all about, what they're selling.
And getting cannabis rescheduled, to IV or V, where it should be, would de facto end marijuana prohibition nationwide.
Just getting it to III would end most of the madness.
Dennis Peron:
Still not 100k shares traded today!
On this volume they could run the stock up to 20 cents with 1% of that $15 million.
I've got a quarter-cup of the best honey-oil in my fridge. I'm sure it's great for some people, for some things. A skin problem I had disappeared after a few (topical) applications.
But it ain't the same as smoking, and for many things there is never going to be anything better than smoking the cured, natural, unadultered bud.
I also have some of the 'rick simpson' oil...i suppose it was boiled in naptha.
Come to think of it, I have a veritable Whitman's Sampler...
You have me confused with someone else.
The fact is this may not be from cannabis at all. It could very well be from hemp. It's not the THC that goes after cancer.
http://medicalmarijuanadoctors.org/cbd-and-cancer
Jason, you're not the one that will be making the decision, it will be long time marijuana activists such as Rob Melamede and Richard Cowan.
Sativex costs £375, $605 for a 2-3 week supply. Most people can grow it for much less. In Colorado and California, ounces of top shelf can be had for $250, which would last an MS patient about 2-3 weeks.
The only way GW, or anyone else, is going to make money off Sativex is if the natural herb remains illegal. That is why you don't want the pharmalords involved.
I know a number of MS patients and none of them can afford Sativex. Just because Montel can afford it doesn't mean anyone else can.
The pharmalords have been trying for 50 years to come up with a synthetic molecule they can patent that works as well as cannabis. They are they last people that should be involved with medical marijuana.
They are the reason marijuana is still illegal.
They have no interest in curing anything. They are interested in profits, and curing people isn't profitable.
If you had any intelligence, you wouldn't be using butane.
Medical marijuana is legal in Colorado. But thanks for the "dd". So much "dd" in these boards. What does "dd" stand for anyway? Deranged Diatribe?
I think you must be the only one here hoping CBIS will be bought out by the enemy - one of the pharamalords.
I can't believe that anyone that knows anything about medical marijuana wants big pharma involved.
The FDA is gonna have a hard time denying a -topical- application.
never mind
It's called "redacted".
Why do I wonder if this is Rob Melamede speaking?
Well, it's down over 10%, so if it was 'aggressive shorting', I guess we'll know about it in ... oh, 6 months? Maybe?
9.61M shares traded in the last half hour.
And a sell-off. That smells to me.
Thinking out-of-the-box, you don't suppose it was CBIS selling shares to fund clinical trials?
Other than deliberate sabotage from ... hostile factions, with the pharmacuetical companies being the prime suspect, I don't see any other rational explanation.
It just doesn't seem to me that a single shareholder, even if they bought 1M shares at $0.035, could cause a sell-off with that kind of volume. And I find that much volume in a half hour truly remarkable.
I checked a globe the other day, Santa Cruz (who's harbor was damaged by the tsunami) is on almost the same latitude, we are directly east, and since the prevailing winds generally blow our direction ... we very well could have more exposure than Korea.
Korea? Has your hair started falling out yet?
Do you work for a pharmaceutical company?
They could whack this company with their chump-change...
It must be because I said I liked the press release.
WTF! Zecco is showing - 9M shares - traded, no bid or ask, last price $.07
Volume 9,357,547
15:55
Price $0.067 Volume 10,567,048
Well good, I was getting tired of the MJNA discussion anyway. ;{)
BTW, I really like this press release. The tone was just right.
So why are their messages still here? All of them?
BTW, most of MJNA's press releases have absolutely nothing to do with MJNA.
I do have a tendency to blurt out the unvarnished truth. It's genetic, best I can figure. Nothing I can do about it.
Have you ever heard of the Marijuana Tax Act of 1937?
You "tax the hell out of it" people obviously don't have a clue how marijuana became illegal in the first place.
http://www.cchhi2012.org/
(after reading your subsequent messages...)
Wow, that's some impressive DD!!!!!!
Uh, how come you didn't run across the Marijuana Tax Act of 1937 in all that ... research.
Well, here's some DD for you!!!!!
http://antiquecannabisbook.com/
I claim to be no hash extraction expert, yet. I am a very quick study though ... in my readin and thinkin if I ever went into the hash business it would be bt butane extraction.
The rest of your post is Chinese to me. Who the hell is CBIS. Kubby, Jor Pietri and bubble bags? I may be outta the hash loop but I can promise ya that I'd be sittin with a better product while Kubby and the boys are dickin around with patent rights, blenders, ice and bubble bags, which seem to be a rip off.
ROFLMAO :)
Lord have MERCY.
Ice extraction is the only 'medical' hash. Butane extraction, besides residue, is about as safe as a meth lab.
The extraction method that CBIS claimed to have and which now appears to be in dispute (as to whether CBIS owns it or Kubby), was Kubby's patent application. Joe Pietri tells me that the only difference between his patented ice-extraction method and Kubby's is that Kubby's called for dry ice.
So it seems to me if push comes to shove that Kubby's patent would lose in court to Pietri's.
And, by-the-way, the bubble bags are a rip-off.
You really want Frankenseed?
Deat cat bounce?
You don't see anything wrong with this sentence?
Learn about our CannaBANK Managed Services Program where Patents*, Co-ops,* Collections*, dispensary* storage facilities and other services.
Be working on the business.. let us work in the business.
Their grammar needs work. That's for sure.
What I don't understand is why anybody would buy or sell 100 shares of this stock at this price. If they're paying a commission, they're losing money. If they're not paying a commission, they can afford to spend more than $15 on a trade.
It just dawned on me what these "assets" might be:
Medical weed superstore opens in Sacramento - ABC | 22 Feb 11: http://abclocal.go.com/kabc/story?section=news/state&id=7982454
Pot Mega Store In Oakland Reopens With Officials Attending the Event: Fruitridge Health & Wellness Collective | 7 Oct 10: http://www.fhwcc.org/pot-mega-store-in-oakland-reopens-with-officials-attending-the-event/
BULLSHITTER of the Week: Dhar MannPosted by Mickey Martin on September 13th, 2010 : http://cannabiswarrior.com/2010/09/13/bullshitter-of-the-week-dhar-mann/
You opened a store called “iGrow” to much fanfare and bullshit but failed to understand the logistics of the hydro industry and ended up getting cut off by a number of distributors of equipment. You failed to even do the most basic legal search, or even a Google search, to see if the name iGrow was being used. It was. So now you wannabe “weGrow.” That is fine, except for the “we” being you and your crew have not really grown anything, especially quality cannabis. You continue to bullshit your way around acting as if you have some inside track to this industry because you and daddy’s money have greased the wheels at Oakland City hall. News Flash….Nobody at Oakland City Hall will be involved in the competitive process, at least not the Councilpersons whose campaigns you have given to, so your efforts there are futile.
...
Speaking of futile, what is with the weak ass University? You decided you were a failure in the hydro biz, so you decided to compete with Oaksterdam? After you admittedly went to Oaksterdam to get trained, you believed that somehow after your minimal training and weeks of experience, that now you were the master and capable of training people? WTF? All you are selling is BULLSHIT and I feel for any people who fall for your “Princeton of Pot” bullshit.
STFU: Another weGrow FAIL! Moving is not a story!Posted by Mickey Martin on February 26th, 2011 : http://cannabiswarrior.com/2011/02/26/stfu-another-wegrow-fail-moving-is-not-a-story/
So about a year ago Dhar Mann and company did a press release that they were opening “iGrow” and it was to be God’s gift to the cannabis world. Well it wasn’t. And furthermore it wasn’t even a good option for Oakland, nor the medical cannabis industry. Dhar Mann, the young entrepreneur whose family owns every taxicab in Oakland, and the man behind the I/We Grow debacle failed to do any decent planning then and was sued over the name iGrow. Way to do your homework. After a great press release and a bunch of hype “iGrow” could not deliver the goods. Their lack of planning lacked the foresight to imagine the reaction of hydroponic equipment suppliers who have normal operating procedures that include not advertising their products as marijuana products. Hydro suppliers are international companies who stand to lose millions if their product is held up at customs or not able to be sold because it is associated with cannabis. All of the main distributors cut them off. But nobody could see that writing on the wall so in the first 6 months of operating “iGrow” was sued for their name and cut off by their major suppliers. Way to go on the strategic planning.
I hope you're correct.
But I did notice reading the release again that it says "based on the value of the assets". And since MJNA doesn't have any assets to speak of...
$40M @ $0.10/share = 400,000,000
Assuming the assets are roughly the same size - 1 billion shares?
MMI will increase the amount of authorized capital shares to accommodate the additional issuance of shares to HDDC based on the assets of the subsidiary (HDDC).