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Chart bullish or bearish?
There are two opinions on this board about this with Clay Trader on one end and others on the other bearish side of it. Can someone experienced and in an unbiased explanation describe where the disagreement is on this and why?
Thanks!
Magic Mike educate me or someone if you can.
Does criteria for uplisting also include audited financials on time (NLT 45 days after end of the quarter..i.e...tomorrow) or are audited financials only required under that guise only required after uplisting has occured?
Thanks in advance...
SM.
IMO it is what is with the past. If there is dirty laundry NOW is the time to clean it. I think if there is the effects will be surprising in a positive way. After an initial hit on the stock price there will be nothing left to speculate about.....just the fact that this is a very solid company NOW. Once the smoke clears there would be an amazing run on this stock with the uplisting which after the fallout would have investor confidence that it would succeed.....why air your dirty laundry if as a company you were not sincere in your efforts to uplist? Right?
Nebula, thanks for the clarification,
My misunderstanding with your intentions, my apologies. My major concern was that unaudited financials this quarter would push back planned uplisting for early next year. As I read the replies this is not the case. I also did not know smallcapvoice was the contractual voice for MJNA. I am now educated in this regard.
Good day to all.
Moderator please,
Can we looks at all these posts and determine if they are in error and actually pertaining to Q2? This is a VERY delicate subject and into next week could cause a LOT of misinformation and damage and if this is indeed based on Q2 info and not Q3 can we get all these posts on this subject deleted?
Thanks Moderators doing a great job. Stay long on MJNA!!!
Nebula this was on 9 Sept. Before Q2!!
And educated me as well. Why would we be wanting to hear about MJNA earnings information from a CEO of another company? Again this quote was from BEFORE Q2 earnings came out.
Thanks to all who reply on this and if it is a mistake great lets get a moderator in here to clean all this up....
Unaudited? Nebula you sure about that?
I don't recall them saying anything specific about these earings being unaudited....I don't have the link.....can you confirm this is what was said
Mike I disagree, I think the market is prime for non smokers. I believe that taking the smoking out it, it now becomes much more socially acceptable and not having the smell on you when your finished is another big plus. I could go on and on but as a non smoker those are my first thoughts.
Do we have a tire kicker in Boston?
USMC where you physically at? I would go but I am out of the country at the moment. If you or anyone is more than just speculating and in the area it would take you ten minutes to go knock on some doors.
Semper Fi.
PhytoSPHERE Systems, LLC
a Medical Marijuana Inc. Subsidiary
137A Lewis Wharf
Boston, MA 02110
Converted Organics
7A Commercial Wharf West
Boston, MA 02110
http://maps.google.com/maps?hl=en&bav=on.2,or.r_gc.r_pw.r_qf.&bpcl=37643589&biw=1708&bih=745&q=137a+lewis+wharf+boston+ma&um=1&ie=UTF-8&hq=&hnear=0x89e37089da1541eb:0x64a1ebdff59b9697,137+Lewis+Wharf,+Boston,+MA,+USA&gl=af&sa=X&ei=u0-bUMOeDI_04QTnj4GQBQ&ved=0CBwQ8gEwAA
Hey hot profile pic!!!! Let her know Dixie can use her for a future ad. After tomorrow Colorado and Washington will be able to indulge legally and after that you can show them your own pic without them freaking out.
60 minutes and newsweek....even if its the same sticky....must be there for all newcomers....
A PR stating conference call date for earnings...
Now THAT would be a great PR with the CEO and executive managemen which would.
* Create trust in our new CEO that he is engaged.
* Keep long shareholder confidence.
* Show new shareholders this is for real.
What else?????
Phytosphere is on the Warf in the North End of Boston. Not sure which floor....
263k share bid on L2...I wonder if your buying back in after selling below .12?
Depends on earnings and more importantly on state legalization.
The conditions are all in place for it...that is about as close to anyone can say to yes.
I started buying at .066 a year and a half ago.....rode it down to .011 and back up. This stock is going up. I am at work in AFG right now and trade firms are blocked. I could have run out and got on public internet but I did not bother as it already went down and resistance was at .103 or something.
The elections are the center of gravity for this run. They are why we are running up at this point. We have another week until elections. Then earnings, then Schedule 1 to 2, then possible uplising, then Cannachew, then news of expansion into legal states ect.......
So if you did not sell don't sell now and have two bad days when it goes back up and you have to pay twice...
Thanks! You should have no problem at all buying back for two cents more than you sold for.
Please copy and past I can't open the link!
I opened up a Scottrade account on Sunday at 11am. I electronically transferred funds from my bank. This whole process took one hour at most. I called Scottrade the next morning at 8am and over the phone they took my order. On line no, but on the phone you can do it. It will cost you more so do your research but for me there was no decision to make whatever I paid was worth it to get in at that price.........
E-traders I hear you can do this there too? If so sounds like E-tradde is an even better route?
........and whatever I lost from Thursday and Friday last week was TD Ameritrade's fault for putting a block on trading and lying about why.
Welcome. Good luck with your short....when you get your "call" it won't be from me.
Apologies to all to have these posted at the top during this run!!! I wish I could thread post but I can't...ok no more TD talk from me.
That's that point. There never was a DTC Chill they are lying to me with that message.
TD's excuse message to me.
I am happily a Scottrade investor now.
Dear Mr. XXXXX,
I have checked, and it appears that MJNA was removed from the DTC Chill. It is no longer showing as having a DTC Chill. I do not believe there is any malicious intent; I think it is just that when you called the DTC about this they had removed the Chill and we had not gotten the notification yet. Once we did, we removed the DTC Chill designation also. It is now free to trade. Thank you for contacting TD Ameritrade and allowing me to assist you. I really appreciate your business.
If you need any further assistance with the DTC Chill designation or anything else, please do not hesitate let me know by Message Center.
Sincerely,
Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
They are the only company doing that. I was able to set up a Scottrade accound in one hour, transfer funds on Sunday morning and then call in a buy Monday morning before the bell. Other firms may be able to do the same but just telling you it can be done this one........because Ameritrade is LYING. They can not dictate a DTC....they are using that as an excuse.
Let's have some speculative fun!
If you were CEO and earnings came back from the accountant today fully audited when would you PR them?
1. Now? The day after 60 minutes?
2. Just before the elections?
3. Just after the elections?
haha is there a wrong answer?
I don't know for sure but I would say there isn't at this time. This stock is (WAS) (won't be much longer) so unknown that it was not even on the radar nationally with less than 600 shareholders as of Q2...That's how incredibly ground floor this is.
For your own analysis look at last quarters earnings PR and your imagination can run wild going forward with there Dixie Sales, CBD Contract, Wellness Care Contract for this quarters earnings.......and moving forward CanChew sales and license fees. My concern with Dixie is I am hopeful they can handle...or if not are planning for expanded bottling plant operations in either leasing another or expanding their own...
If Doc or Zoiden are still awake they most likely have done analysis so they can chime in or you can ask them tomorrow....however they may be at the boat yard looking for their yachts to buy after the 60 minutes show....
Good luck!
Nov 15 is 45 days after the end of the quarter. Hopefully we will see audited reports then or before then. With the elections it would be absolutely a mind bender how the stock would do if they were able to accomplish this towards uplisting.
How long after the close of each quarter do companies report earnings?
Publicly held companies are required to report earnings to the SEC within 45 days of the end of their first three fiscal quarters and within 90 days of the end of their fiscal year. However, most companies release their results much earlier through press releases. The majority of announcements start a couple of weeks after the end of March, June, September and December.
Wall Street analysts make estimates on future earnings on an ongoing basis and update them as often as they deem necessary. Companies themselves sometimes issue "guidance" on upcoming earnings.
Katano so TD filled your buy? Was there any issues? TD has been stating a chill which is BS......let us TDAmer...people know because we are all in the middle of switching accounts because they are not letting us buy. Thanks!
As of last night they do......however from what I understand it is self imposed thus (someone clarify I am wrong) it is not a DTC chill....if it were it would be industry wide and no firms dealing with the DTC could excerise "buy" trades but obviously that is not the case as other firms are still buying.
I wrote to TD last night who said it IS industry wide......so either they misspoke or they are lying to me about what happend.
For you experts in the stock market.....am I off base here?
Thanks.
and Jack as it's spokeman on TV commercials saying Buy Buy Buy..or Sell Sell Sell?
Besides the already shocking fact about being schedule #1 in my DD I was even more shocked to find out it is classified as more dangerous (if that is the meaning?) than cocaine and methamphetamine which ARE considered to have medical value....DOC and others chime in with any thoughts and comments please how this happened?
Oh.....DOC you on the Jersey Shore? Make it a weekend party and reserve a coach to get up to Atlantic City so we can blow all our earnings!!
If we are still sluggish in January....just saying.....
http://www.huffingtonpost.com/2012/05/31/super-bowl-commercials-2013_n_1558980.html
I think the major issue with ML was that his alleged past misconduct was carrying over to MJNA and with every PR there was always that undercurrent feeling that it be a false PR.
Front Page on Yahoo!!!
http://news.yahoo.com/voters-ok-hemp-unclear-farmers-grow-184235500.html
..SEATTLE (AP) — Residents of Washington, Oregon and Colorado won't just be considering whether to let adults buy pot at state-sanctioned shops when they vote next month on legalizing and taxing marijuana.
They'll be voting on whether to let farmers grow marijuana's far less potent cousin — hemp — for clothing, food, biofuel and construction materials among other uses.
But don't expect farmers to start growing it, at least not immediately. The passage of the measures would create the familiar clash with federal law, which prohibits growing the plant for industrial, recreational or medicinal purposes.
Farmers who say they have enough to worry about with drought and crop diseases don't want to also be left wondering whether federal drug agents will come knocking.
"Farmers are already engaged in a high-risk endeavor," said Roy Kaufmann, a spokesman for Oregon's pot initiative. "That weariness of potentially facing federal action is just too much of a disincentive."
The three ballot initiatives to regulate pot like alcohol have garnered much attention, in part for the hundreds of millions of dollars they could bring into state coffers and for the showdown it could set up with the federal government.
No state has made recreational pot legal, and these measures would be the first to set up state-sanctioned pot sales. The Justice Department could try to block them in court under the argument they frustrate federal antidrug law enforcement efforts.
Less well known is the effect the measures would have on hemp and the possibilities they create for another fight with the federal government.
Nine states — Hawaii, Kentucky, Maine, Maryland, Montana, North Dakota, Oregon, Vermont and West Virginia — have passed laws allowing hemp cultivation or research, and supporters of the latest measures say they would be another shot across the federal government's bow.
Oregon's earlier law, passed in 2009, allows the state to regulate hemp production; the initiative on the ballot next month, Measure 80, would allow unregulated hemp production.
While medical marijuana patients and those who grow for recreational use have been willing to risk federal prosecution, a viable hemp crop would be much larger than many of those grow operations, putting farmers at risk of severe mandatory minimum sentences in federal court.
Hemp and marijuana are the same species, cannabis sativa, but are genetically distinct. Hemp has a negligible content of THC, the psychoactive compound that gives marijuana users a high. It's also grown differently, in tightly packed plots to maximize stalk height rather than widely spaced to maximize branching and flowering.
Marijuana growers generally don't want their plants anywhere near hemp fields because cross-pollination would create less potent marijuana, so the notion of farmers hiding marijuana plants among their hemp crop isn't much of a concern.
But Steve Freng, prevention treatment manager for the Northwest High Intensity Drug Trafficking Area, a federally funded antidrug effort, said having legalized hemp would nevertheless make marijuana enforcement trickier.
"What comes to mind immediately is how difficult it would be to regulate and oversee an industry like that," he said. "At this point in states that have medical marijuana, a good amount of marijuana is overproduced. It's not unusual for growers to sell out of state."
Freng questioned whether there's a serious market for hemp in the U.S.
A Colorado corn farmer who serves in the state Legislature, Republican state Sen. Greg Brophy, suggested hemp's commercial potential could be hampered by high prices for corn, wheat and soybeans. Growing corn right now is "like owning your own ATM," he said.
For most of U.S. history, hemp was an important agricultural product used for rope, fabric and even the paper Thomas Jefferson used to draft the Declaration of Independence.
But competition arose, first from the cotton gin, which made cotton easier to process, and then from synthetic fibers in the early 20th century. Americans became more concerned about the availability of marijuana, and the federal government imposed severe restrictions on hemp.
There was a brief resurgence during World War II, when the U.S. Department of Agriculture launched a "Hemp for Victory" campaign to replace Southeast Asian fiber sources cut off by the Japanese, but there has been no commercial hemp production in the U.S. since the 1950s, according to a January report from the Congressional Research Service. Technically, the DEA is authorized to grant farmers special permits to grow hemp. It just never does.
At least 30 countries produce hemp commercially, and most of the hemp imported into the U.S. is grown in China, Canada and Europe.
Rough industry estimates suggest that a few hundred million dollars' worth of hemp products, such as soaps, body lotions and hemp granola, are sold in the U.S. every year.
All of it is imported, which maddens David Bronner, chief executive of Dr. Bronner's Magic Soap based in Escondido, Calif. His company uses 20 tons of hempseed oil in soaps every year and has contributed $50,000 to Washington's campaign and $50,000 to Colorado's.
"The Canadian farmers are laughing at us all the way to the bank," Bronner said. "We give $100,000 a year to the Canadians. If American farmers could grow industrial hemp here, we'd recognize 25 percent savings, for sure."
That kind of talk intrigues farmers like Ted Durfey, who has a seed press at his Sunnyside, Wash., farm to help turn the canola and flax he grows into biofuel.
"If it's sanctioned, it would lend itself pretty well to enhancing our local economy," Durfey said. "But I'm definitely not going to grow a commodity that's illegal under federal law."
Another central Washington farmer, Tom Stahl, said that if the initiative passes, he'd likely grow it until federal authorities caught on and warned him not to.
But even some farmers interested in experimenting with hemp aren't necessarily planning to vote for the ballot measures. They include Rob Jones, a southern Colorado potato farmer who has unsuccessfully lobbied the Legislature to permit industrial hemp.
Told the marijuana measure on ballots this fall would do the same thing, Jones scoffed. "It's going to be legal to smoke it in this state before we can grow it for legitimate purposes," Jones said.
___
Johnson can be reached at https://twitter.com/GeneAPseattle. Wyatt reported from Denver and can be reached at https://twitter.com/APkristenwyatt.
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I know I feel it too!!!!
Outstanding...this will be an amazing hearing to be a fly on the wall then!
Is this a preliminary hearing or is this the real deal where they will have to come to a timely decision? If so does anyone know what "timely" will be?
Will 3d Quarter Earnings release be on time?
I know it's early to start asking such questions however would be nice to get the ball rolling to see if anyone knows if they are going to be on time. Thanks.
A year ago I would have dreamed about this companies products being pirated....this progress has been unprecedented!
Jack, MJNA 2$ then we party at Jack's with many EURO Party Girls.