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I manage a Big Box. Every year we have Black Friday specials. Every years several huge companies get jammed up. They know what's coming and what to expect and every year I'm refunding sales that are in excess of 45 days out. I can never figure how and why but it does. Even in regular sales weeks everything takes 2-3 weeks.
Yes customer is king and if I were them I may throw in a 50% off next buy. In the end, we have a MJ sector stock moving into other areas and this a good problem if I had to have one.
Exactly! It's called "turns" you can not have dead inventory. It's capital sitting around. They are doing all the right things.
Anyone no the float and OS here?
I'm not too sure, however, I'm sure funding isn't a problem. Zero debit, and owner has got lots if money. Private or bank financing is not an issue but maybe someone else has more info?
Mcig has stated they have no intentions to do wholesale retail selling at this point. They will move into that when they see fit.
I work for a major retailer. Orders get back ordered all the time. Common ones too by major name brands. It's no surprise to me that a new product in a new sector get backed up. Some cancel some yell at me but that's how it goes.
Oh yes, PR put out today. At least they could go and meet and greet.
That's like going to a soap box derby when NASCAR is in town. I am just shocked at their level of missed opportunities. They STILL aren't listed on the major MJ boards. These all can be done with phone calls.
Yes and I haven't got a chance to buy yet but I hope it's top quality.
I think revenue from apparel sales would probably take care of most salaried people if it got big enough.
If these guys were serious about getting into this market then they'd be going to 4-20 events.
Not a word about the cannabis cup. Their "experts" need to understand that this is and will be a network off companies talking, sharing, and building relationships.
It really can't go down much further but they are actually finding a way.
Good lord.
Looking great here!
This latest attempt to prop this up is pathetic. What a joke!
That must be me. I'm happy to see they are recapping their intentions. I don't expect revenue at all at this point and it looks like they are just stating old news. I would think they would have at least one contract in one their ventures by this time.
Not only did med let them beat them, they stated they wanted a ban on vending machines, wiping out any chance of them to make their own and compete! they already had the brand recognition! I'm shocked they did that.
If you can have 200% gains you can have 200% losses. Whatever. Good luck all.
Yes on two, both I don't own and do not recall "bashing" them. I wanted to figure out why and what can make the SEC stop at stock. One reason was false claims. I dint want anyone to lose money but IMO without follow through this stock running that fine line. That's MY opinion!
I'm allowed to my opinion. Talk about stating things without proof?!? Just because they have their "safe harbor" at the end of everything they say doesn't mean they can state whatever they want either.
I wouldn't let that guy run my sons lemonade stand! I will be here until I get my money back or it gets stopped. One will come quicker then the other. Oh yeah, IMO.
There's a difference between losing ground and down 200%
Again! I'm not buying!!!!!!!!!!! Trying to get out!!!!
I'm SO confused. Lol. What is everyone seeing?
Scottrade won't allow it that high but I'm locked as high at will let me.
I keep hearing this is a solid company. I don't see it, they are reckless in putting out claims about their direction. This is so stupid to do in this environment. Certainly you people agree!
Loading at the basement is the only way your safe here. What a dog! They can't provide one contract with all their PRs. This is in serious danger of a halt. IMO
Great news! Link?
And down it goes!
These guys painted themselves into a corner. First stating they want to ban vending machines, effectively taking them out of ANY move into ERBB plays. Then openly bashing them with false claims? Ouch!
Our friends over on M@BX are panicked big time on our great news!
ERBB the new giant! $$$$$
Vending industry is a multi billion dollar industry selling .99 chips. What do think it is more this industry with an average $200.00 average purchase? Go away bashers!
Many said the "reveal" was baked in the pps in the 9s 10s but now that it's much more what is there thoughts?
For one thing I think the rights to the names mcig-Vcig-LiqCig are worth millions and they own those.
Not true, anyone that shopped in any retailer can tell you self check out is not only great for them but the customer. There are those learning on what they want through the bud tender but those who know what they want DO NOT want to stand and wait for the guy asking a million questions. Good for the retailer to have zero theft.
So good for retailer, good for customer, good to track tax, good for us!
If anyone doesn't think this is not a safe stock them they shouldn't be in any in this sector. To my estimate well over 2 mil this quarter without any box retail and just now getting noticed. They've come out with three more products and working more, in just THREE MONTHS!
The sector has dropped as a whole but if you think pot or vaping is going away you are on another planet.
Oops wrong board. Ge ERBB! Lol
If anyone doesn't think this is not a safe stock them they shouldn't be in any in this sector. To my estimate well over 2 mil this quarter without any retail and just now getting noticed. They've come out with three more and working more. In THREE MONTHS! The sector has dropped as a whole but if you think pot or vaping is going away you are on another planet.
I have been around penny stocks for a long time. Can ANYONE ever recall one to get so much national attention ever? I mean really,...every major news channel, every major paper. It's the most bizarre things ever. Nothing negative in any way either.
We hear about big things in other stocks but nothing really brought to the public eye. There isn't any company forget penny stock that has received so much attention that I can think of. People say no mention of ERBB but if you want to find out who owned it, it's not THAT hard to figure out. That POP Monday if you can call it that was US buying.
You can say " this is penny stocks" but it's more like Penny stocks in crazy land in bizzaro world.
I'm long, been in at .015 so not worried but you look at some of these others at .20-.30 and they got nothing. I guess to O/S has more to do with this than anyone expected. We will go up, just shocked at what is going on.
You don't lose if you don't sell! Don't let it scare you. Name one other stock with world wide coverage. Mcig maybe but down days too. Just a thing now.
Flip all you want. The SEC cometh.