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yeah its run up what eod the last two or three days..perhaps the same thing will happen again today.
Some of the DD posts today have been Clear, Bullish and Informative: and when you get that in a market like the penny market, great runs can happen cause people easily see the value and are much more likely to buy and hold some or all for a period of time.
Lets finish Strooooong like bull!
lol
Great DD post AlanWeedspan - Mm for you and any that are rowing!
thanks MM's: gaps officially filled lets rock!
...at this point we should let gap fill 2 ticks away...
...yeah maybe - but remember 2014 when i think it was PHOT had i think two subpenny gaps it never filled in its run to what like .80 cents lol....insane.
to me there isnt an easier buy and hold MJ stock with elections then EFFI, even more so after they are now getting in the Industrial Hemp business. So if you own, or buying today...consider locking up some or all shares GTC for 60 days...and lets lock up the float tight --- maybe only need a hundred or so of us to do it.
Great informative post Struk! ...wow....
Thanks guys! ...and now we are also: an Industrial Hemp company in the Midwest? Wooooooooo!
wow.
I looked at their FB page and they are right in the epi-center for growing Hemp in Midwest.
So we have 2 stores in Florida, working with a California LA County grower to supply all the 'picks and axes', are headquartered in Vegas, sending repeat grow light and shed orders to Michigan.......
..... .......... .........: and now we are going into in the Midwest being part of the Hemp industry? this is awesome.....i need to wipe the sleep outta my eyes and wrap my wig around all 'dis, lol
...dang! effi is now also an Industrial Hemp company. YES!! its a lot to process just waking up, lol...love it!
effi DD:...just did some OS, Debt and MC comparisons for various MJ companies to highlight EFFI's clear advantage here. Check it out !:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126054829
Quick Market Cap, OS and debt comparisons: EFFI vs. various MJ companies
..now some of these OS numbers are going to be higher as some of their financial years ended months ago - but i will just use what each has listed on OTC currently.
EFFI
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=161339
389 OS
$1.3 million Market Cap (tiny).
...and check out the comparably (as you will see below) very low converts -- Pages 3, 10 and 11 : $180,000 as of June 30th - think its about half that now. Also in August CEO PR'd they will not be adding to this toxic financing --as their current business and bank loan they are cash flow positive! So these converts are going...going.........going........(gone).
Now compare EEFi's numbers and realities to the below MJ companies - and it simply is why im invested here (look how low EFFI's market cap is in comparison too). Well also cause they are one of only Mj stocks already having businesses in Florida. And they are working with a grower in California. And they are headquartered in Nevada - so thats the Big 3 States on Nov.8th : EFFI is truly lucratively unique in this situation, and this FACT is just being realized by the Market these days.
ok here we go...please take some time and read theough these other companies financial health and converts/debt...and compare it back to EFFI: we look great in comparison:
PHOT
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11543603
1.2 Bil OS
$22 mil Market Cap
....check out converts on pages 10-22...yes 12 pages +(!)...dilution to come for a looong time.
CBIS
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11540766
1.9 Bil OS
$116 Mil Market Cap(!)
...pages F-1 to F14....look at alllll the converts! ...again, dilution for a long long time to come.
MJNA
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=159439
2.8 bil OS
$311 Million Market Cap(!!!)
...their immense convertible debt, yet trading at a dime+ now, lol: $15 million in convertibles (pages 27-28)
Quick Market Cap, OS and debt comparisons: EFFI vs. various MJ companies
..now some of these OS numbers are going to be higher as some of their financial years ended months ago - but i will just use what each has listed on OTC currently.
EFFI
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=161339
389 OS
$1.3 million Market Cap (tiny).
...and check out the comparably (as you will see below) very low converts -- Pages 3, 10 and 11 : $180,000 as of June 30th - think its about half that now. Also in August CEO PR'd they will not be adding to this toxic financing --as their current business and bank loan they are cash flow positive! So these converts are going...going.........going........(gone).
Now compare EEFi's numbers and realities to the below MJ companies - and it simply is why im invested here (look how low EFFI's market cap is in comparison too). Well also cause they are one of only Mj stocks already having businesses in Florida. And they are working with a grower in California. And they are headquartered in Nevada - so thats the Big 3 States on Nov.8th : EFFI is truly lucratively unique in this situation, and this FACT is just being realized by the Market these days.
ok here we go...please take some time and read theough these other companies financial health and converts/debt...and compare it back to EFFI: we look great in comparison:
PHOT
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11543603
1.2 Bil OS
$22 mil Market Cap
....check out converts on pages 10-22...yes 12 pages +(!)...dilution to come for a looong time.
CBIS
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11540766
1.9 Bil OS
$116 Mil Market Cap(!)
...pages F-1 to F14....look at alllll the converts! ...again, dilution for a long long time to come.
MJNA
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=159439
2.8 bil OS
$311 Million Market Cap(!!!)
...their immense convertible debt, yet trading at a dime+ now, lol: $15 million in convertibles (pages 27-28)
Welcome 514 - one of the best MJ tickers out there. All this and no PR's too: the best big run set ups often start like this...on the d-low.
There were many BUYS end of day today for about 4 million shares....if your a paying member you can see the buying start in the 'Buy' column when we had around 6 mil buys...ended with 10 mil buys-!:
http://ih.advfn.com/stock-market/USOTC/efftec-international-inc-pc-EFFI/trades
....that certanly was no paint job, lol
yeah! ...effi ='s 'F5' ....pps storm coming, lol
...dang G! just checking in - booooom!
EFFI: heres i think a good RED shake day/lull to buy some on the bid. Nothing has changed - this is the only MJ i can find that has actual businesses in the Big 3 MJ Nov. 8th vote: California, Florida and Nevada....doesnt get any better.
They are cash flow positive too, and any conversions they have will be gone for good as three months ago they announced that they dont need anymore dilutive financing as a loan they got with their current real lol businesses can fund them from here on out: perfect MJ set up here guys.....: wait for your price and come join the Board-!
Yeah good point. ....and nothing has changed, though painful, a nice churn is good for the chart...click the one month tab to see best: a Red day and sell-off just makes this stronger going into the end of the week:
http://www.thehotpennystocks.com/Stock-Quotes/?stock=EFFI
--- and: EFFI still only subpenny in Florida, California and Nevada and doing business. This will continue to create excitement and buyers up to and past the big Mj Nov.8th elections: woooooo!
Cash flow positive....low OS and float and AS only 1 bil ......many comparison i will make in coming weeks to the balance sheets/debt and conversion pages of the other MJ big stocks --- we are Molson Golden here lol...though these red days are designed to shake and reset chart - MM's are of course pro's at it.
ok back to work: lets finish Strong -!
.Good morning! ......im buying dips and lockin' shares GTC 60 days on this one....i work today so will check in when i can......go EFFI! Dont care if it dips to 2's will set some lower bids in - this is a Florida, California and Nevada MJ vote stock.....best subpenny MJ i can find cause combine this with the low debt/conversions left, cash flow positive and about 200 mil float...one bil AS.
da' a train. wooooo! 4 life: nwo.....brotha!
....effi = trifecta MJ vote: CA, FL and NV they do business in all three, and best of all AS is 1 billion OS less then 500 mil with CEO on Aug 4th saying because of their growing biz and a recent bank loan they are now cash flow positive and no new toxic or reg debt needed that can hurt shareholders.
Check out board....look at chart and volume......consider buying in on da' dips....cause its all there for a great run.
bro - check out post #12610 - what do you think? I read the annual, and unlike most Mj penny stocks including the 'bellweathers' like CB*S, MJ*A, PH*T etc - or let alone all those dozens of subpenny MJ stocks -- i didnt cringe for like 5 to 20 pages reading through debt, toxic notes, conversions, company compensations, preferred A B C D .....Z lol shares.
EFFI has two pages of this on page 3 and 10 of their Annual reoprt that came a couple weeks ago. ......and some of that the same info too, so EFFI has minimal debt and conversions when compared to ALL the above.
Anyone can verify this by looking at many other MJ 10-K's and Q's and their 'conversion sections.
But IF EFFI was just going to issue more and more shares, or seek further toxic debt in whatever forms - then all the above would mean a hill of beans. Still could run like the entire Sector is though, especially being one of the only Florida MJ plays...and California/Nevada. Thats why the company announcing a couple months ago that they are now cash flow positive, and will not be needing forms of toxic debt that most all other MJ penny stocks need, because their current business is growing and they got a bank loan --- then any toxic debt that may exist today, runs out like sand in an inverted timer....and these 20 to 40 million volume days can rather quickly wipe out this. Check out the Aug 4th PR:
https://finance.yahoo.com/news/efftec-international-inc-receives-100-130000385.html
...then we set up for an OW*P possible insane spike to wherever.....which has no notes. Thats the power of being cash flow positive ...not many penny stocks can claim this.
...Rich you still around? EFFI is looking good, bro
Many scoops....: this is a Florida MJ with two stores Future Farms already up and running - so if Florida passes MJ medical (first time then ever large population Florida would do so) they are first to market with their hydroponics, grow lights and sheds, etc.
This is also a California med MJ as PR'd above in iBox: they are working with one MJ grower to handle everything from leasing, consulting and supplying with their hydro and lighting supplies - said want to 'cookie cut' this approach with other growers....which could be a lot of recreation ones if prop 64 passes....which looks like it will.
This is also a Nevada based company, which is the third big MJ vote Nov. 8th - maybe they will exploit that.
They also are selling grow lamps and sheds to Michigan - repeat customers as great sign of their products viability.
This is a small debt company that also recently announced they dont need to toxic finance anymore.....they are cash-flow positive with their businesses and recent bank funding.
...so to me this all points to pps breakout into and after the election. But to keep it real simple i guess people could just scream 'Florida MJ ='s EFFI!' ...lol ...as there aint a whole lotta MJ penny stocks, or any MJ stocks already up and running in Florida.....and looks like this time Florida will get their 60% yes vote to change their State Constitution and allow med MJ.
Yes there are comparatively minimal notes as of June 30th about $180,000, which i think are half gone by now and sold in these last 4 months to do so. I could be wrong, there could be more left - or there could be nothing left - im guessing like everyone else.
But say we have $100,000 or so left....with the PR that said no more toxic financing needed, well this then becomes a vanishing toxic debt situation (and of course just about all pennys, especially sub-pennys have debt and toxic financing/notes though they still run) -- whats nice is anyone feel free to look at any other MJ penny stock trading even to a dime right now...look at their 'notes payable' section in their last 10K or Q: yep, usually they all have many pages for converts and MUCH more debt/conversion toxic notes then $100,000 or even $180,000. Hundreds of thousands and millions of dollars - with no end in sight.
For example, a company selling some similar products, PH*T.....well check out the lol 20 pages of toxic notes, debt and conversions, company stock incentives, etc....(pages 8-28)....yet P*OT still trades at .02 cents right now....:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11543603
..then compare that to EFFI's 2 pages (page 3 and 10):
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=161339
We have in black and white one of the least toxic MJ pennies out there - even better as recently PR'd no new toxic debt needed as their current operations and growth and financing they just got from the bank takes care of their needs. So what happens when and if this i think $100,000 or so clears? Well $100,000 is just 33 million shares dumped around .0033......but of course these are all staggered so say we hit .005 area soon....20 million shares around there is $100,000 - but of course combination of all different prices notes sold at.
Long story short - i look at this as buying on the cheap with any conversions, as there are not many Florida MJ penny stocks - that also has business in California with hinting at more to come, is also selling repeat orders in Michigan......and is headquarted in Nevada another big Nov. 8th State::: EFFI with all the above noted - should break sooner then later into pennyland i think. Cause this kind of 10 to 40 million area volume a day will cntinue to clean up this vanishing, for good, toxic debt. And with that gone or near gone....we could get an OW*P (which has no notes) insanity spike at some point with great news down the road with the election coming on.
Yeah ysung: Annual Report came out Oct. 13th for fiscal uear ended June 30th....:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=161339
...EFFI: already in MJ biz in Florida and California, with headquarters in Nevada -- so that there is the Big 3 on the Nov. 8th elections; do you think money and attention and volume will continue to flow into EFFI? i do. Seems obvious to me. And when things are Clear and Obvious in this all too often scammy market - big runs can happen.
And if it was some future buisness plans or drug or MJ whatever: it could still run big with the huge MJ momo going on....just look around.
BUT: it is already a cash-flow positive MJ geared business, multi-faceted from hydroponics to grow lights and sheds to MJ grow house mgt in Cali (do some DD tonite) - so you tell me why money would stop flowing into the ticker, with the election two weeks away?
OWCP could fly insanely (bravo!) mainly cause no debt dilution .....EFFI one of best note/debt situations for any MJ below a dime i can find.
DD it tonite when you get a chance.
But hey, who am i anyway but a new guy...lol...weeeeee nitwit!
Great Board here StockWhale - marked and i am new but will be looking in now and then to see your picks. Good stuff!
...as new member thanks BB for this Board as i think the penny stock universes best 'meeting place' general room. That and you are a very unbling and non- BLAH BLAH and all that large cap poster lol....thanks.
I am. Not many Florida with a side of Cali lol plays out there, and the balance sheet here plus SS is better then most.
....yeah i think so. Here is a subpenny MJ, already in business in Florida and California (see PR where hidden in middle is the gem about the LA County MJ grower they are working with - and wanting to duplicate that process) -- so i think that makes them a solid buy subpenny. Then they are also doing repeat MJ grow light a la PHOT business in Michigan....and are headquarted in Nevada - with its own Nov. 8th MJ vote - love it as now who knows what growth and PR's may come going forward.
And i think all this and more like minimal debt and now cash flow positive....will continue to have traders and longer term investors like me picking up any and all dips these days as more and more learn of effi.
Exciting time to find/be a part of this growing company....!
...hello Sunnyland-! Had to join IHub cause of all the MJ excitement and various plays/great potentials out there.
Your the second Board i followed - as i discovered IHub via BB's Board; i like your realistic/honest apprach, as there is so much garbage and shouting out there. Good form, bro.
-- ok - back to trading, working, sleeping...whatever it is we all do, lol
Hello all-! Just posted this on BB's Board:
(...my first post as doing weekend DD on EFFI got me so excited i had to join, lol -- lets rock!):
....hello IHub-! My first pick is EFFI - just started doing DD and they have two brick and mortar hydro/MJ businesses already in Florida, and what i think most are missing partnering up in LA County California w medical grower and supplying everything from leasing mgt to selling them their hydrponics and MJ lighting --said they wanted to expand this kind of MJ grower relationship in a "cookie cutter' fashion as the opportnuties present themselves. Also their newly aquired Red Light Baking company has repeat orders for all kinds of growing lights to Michigan.
...
--- best of all to me, they recently PR'd that they are cash flow positive and toxic financing will not be needed -- so the $180,000 in notes as of June 30th, 2016 (which i think are more then half gone now) - going forward will become less and less an issue.
OWCP's epic run also cause no debts no dilution; EFFI if and when this happens then could have a chance to go parabolic too.
...so to me, an almost debt-free MJ company already doing business in Florida and California -- the two biggest Nov. 8th MJ prizes -- which also is headquartered lol in Nevada (the third biggest MJ prize up for vote Nov 8th):: well, its a great speculative Jim Cramer screaming hitting button buy buy buy!! for me. Its at .003 right now.
The chart is great too...and volume coming in -- i could see this trading at .018 to .03 by Nov. 10th.
We shall see......but unlike many a' penny stock Mj, even ones that are over .05 cents right now -- EFFI has actual up and running MJ businesses....and they are what every investor/trader likes: Clearly Growing. Please DD tonite and read all the PR's from the last year if you have sone time,
....hello IHub-! My first pick is EFFI - just started doing DD and they have two brick and mortar hydro/MJ businesses already in Florida, and what i think most are missing partnering up in LA County California w medical grower and supplying everything from leasing mgt to selling them their hydrponics and MJ lighting --said they wanted to expand this kind of MJ grower relationship in a "cookie cutter' fashion as the opportnuties present themselves. Also their newly aquired Red Light Baking company has repeat orders for all kinds of growing lights to Michigan.
...
--- best of all to me, they recently PR'd that they are cash flow positive and toxic financing will not be needed -- so the $180,000 in notes as of June 30th, 2016 (which i think are more then half gone now) - going forward will become less and less an issue.
OWCP's epic run also cause no debts no dilution; EFFI if and when this happens then could have a chance to go parabolic too.
...so to me, an almost debt-free MJ company already doing business in Florida and California -- the two biggest Nov. 8th MJ prizes -- which also is headquartered lol in Nevada (the third biggest MJ prize up for vote Nov 8th):: well, its a great speculative Jim Cramer screaming hitting button buy buy buy!! for me. Its at .003 right now.
The chart is great too...and volume coming in -- i could see this trading at .018 to .03 by Nov. 10th.
We shall see......but unlike many a' penny stock Mj, even ones that are over .05 cents right now -- EFFI has actual up and running MJ businesses....and they are what every investor/trader likes: Clearly Growing. Please DD tonite and read all the PR's from the last year if you have sone time,