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Bid at 8 is 90mil and ask is very thin. This is going to 11 today. Everyone knows this is going to fly when the news is out. in 2 weeks from today this will be 0.002 or 0.003
I had orders starting at.0012. But it has tested .0008 for 3rd time. Last time when it happened this went up to .0034.
With more revenues and growth plans this is ready to test the highs this time
I would have agreed if thr CPA was not fired from other OTC co.
If nothing else had chanfged except total liabilities, books r not cooked.
I know u want 7's
I am using the same no's you had been using while promoting it a day back.
The only difference is i have added 1.5 mil of additional debt to 2014 and 2015 which might be due to "Total -liability" embedded stuff. That is the only part which I am guesstimating.
Revenue - 2014 (4.5 mi) 2015 (projected 6-8 mil)
Debt 3.5 (may be 5) none or 1.5 (corrected)
SS 2.6 OS 3.2 OS
4.5 AS 8 AS
Many folks amended their Tax returns, it means nothing. I will point you 10 stocks in OTC where they have amended their filings at a later point.
The point is
Did they materially benefit from mis-stating the facts?.
No
Was their any insider selling?
None
Then there is no question of suspension. Anyway can correct their returns.
As Dror has pointed out, it is a small change related to Total-liablity, nothing to do with Revenue or COGS or any such thing.
It will impact the debt, but won't affect anything else as much.
I don't it will get suspended.
Wrong, some folks have sold around 0.001 and 0.009 today and are looking for a good entry point and talking about suspension and fearing folks to sell their share for cheap.
Cheds who was long on this one has suddenly started bashing it as soon as I think he sold into the fear.
It can easily go back to 0.0015 in next 3 weeks
why would it get suspended for fault of CPA.
last time 02/09/2015 it went to 0.0008, it popped to 0.0034.
this time 0.002 is taken.
the news should be real good though. right now the sentiments and any explanation whatsoever are all excuses of scamming Dror. So unless the news is real good and audited and not going to change again by the next CPA, this can run again.
I think all the selling in last 2 days are of investors who bought into a hope of making 5 or 10 bagger. The activity in last two days has shattered that hope, however, I don't think it cannot still go to 3-5 bagger from here in next 2 weeks.
Think about it, as someone mentioned, there has been no dilution in last 2 days, just exchange of shares from weak investor/flipper to strong investor/flipper.
The OS is 3.2bil, and AS is now 8 bil. The current mcap is still at 2.88 mil which is less than revenue of 2014. So I think it still has chance of going back to 0.0012 to 0.0013 and stay there.
When A/S was 4.5 and O/S about 3.2 b, folks here were predicting it to go to 0.01 to 0.02 and some upto 0.05.
What A/S now being 8b, and I don't it will change a lot as far as going to 0.01 or 0.02 is concerned if they still have the revenue that we think they will reach this year, abt 8 mil.
I think the challenge is that they don't add any new debt and there are no major surprises as part of the re-audits.
Who knows it could be strategy of Dror to increase A/S and then decrease it back to 6 or 5b based on outcome of the audits.
That will be a good PR to watch out for.
How many of you feel the re-audits of 2012,2013 and 2014 might result in something very -ve?
All money being re-invested in growth. Amazon is loosing money every quarter too and so is GWPH and Tesla.
http://news.yahoo.com/marijuana-adds-k-cups-harshing-environments-buzz-181015294.html
I hope Chris is not very late for Coffee..experiment.
Agreed, there are two many products out there, including Bhang chocolate which is a brand that is known.
I agree, looking at the video that LXRP brings their patented delivery methodology as it USP compared to other things out there in edibles that is available in the market.
But until people are aware of it and look that as a differentiator, it is difficult to establish.
Are people ready to pay for additional % of cbd in their system they get from Lxrp chocolate v/s Bhang chocolate (3% as per video) is a question for anybody to guess
Their revenue from Vipova has not yet picked up. its not even in few hundred thousands. LXRP just has 51% ownership, so for it to earn 1 mil, Tea sales should exceed $2 mil.
Right now mcap is about 6 mil.
If we take just 6X of revenue, it is difficult to cross 0.20 until it goes beyond that. Rest all is hype.
Its a good stock to hold long term and wait for their sales to grow beyond 2 mil or for them to get license or sector news.
Authorized Shares 350,000,000 a/o May 06, 2015
Outstanding Shares 212,740,713 a/o May 06, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 194,174,152 a/o May 06, 2015
So is California. There are ways companies make profit and still are non profit.
All the Dance/Arts/Acting workshop are non-profit. So do you think those owners are there for social service and not making money.
Please....Stop scaring folks.
Getting in NY will be first step and then when it too becomes recreational., the profits will be 10 folds..
The outcome of 1.5 mil being awarded to either party can make and break deals for them.
MNTR has claimed the earnest money - 1.5 mil to be given back since the deal didn't go through. I personally think MNTR has more chances of getting that money back than Bhang has to keep it for their so called losses.
I am not promoting it, but getting 1.5 mil with interest if any, will take this stock back to atleast $4.
Also getting financing of at $1.70 shows the confidence the investor has on MNTR going over and above 1.70.
I hope all this comes true and I can only keep my fingers crossed.
Application Deadline in May, Licenses available in July. Guess who is going to NY before NV - Go TRTC
http://blog.timesunion.com/capitol/archives/232819/ny-health-department-releases-medical-marijuana-license-application/
They need to visit NJ and not Nevada to see how it can be grown without pesticides.
TRTC will be a game changer for Nevada.
Top quality.... Top $$$$$
http://www.usatoday.com/story/news/nation/2015/04/25/nevada-lawmakers-take-colorado-marijuana-tour/26387241/
Any updates on the Bhang Chocolate lawsuit. It sent into arbitration, do you know anything that happened after that?
*
Represents beneficial ownership of less than one percent of the outstanding shares of our Common Stock.
(1)
As of April 9, 2015, we had a total of 212,740,713 shares of Common Stock issued and outstanding.
Based on that, the mcap is about 35mil
Expecting good revenues for Q1 2015 as it will also include IVXX and all the other EG stores revenue. TRTC going back to 0.50's on revenue news
llcsm,
how was your visit to Abattis sometime back. Do you know what they are upto.There has been no information whatsoever from the company and no one is even picking up the phone.
TRTC heavily shorted, don't give in your shares for free.
Shorts are here to scare you.
Listen to the call and do your own DD.
Date VolShorted High Low Close ShortVol RegularVol
Mar 27 43.98% 0.26 0.21 0.25 1,699,676 3,864,284
Mar 26 42.41% 0.22 0.19 0.21 676,956 1,596,291
Mar 25 40.46% 0.20 0.18 0.19 153,767 380,020
Mar 24 45.29% 0.20 0.18 0.19 447,273 987,614
Mar 23 27.50% 0.18 0.18 0.18 272,084 989,220
Mar 20 12.13% 0.19 0.18 0.18 72,680 599,021
Agreed, but they can have access to better terms of financing and credits.
They will get IRS exemption eventually on their expenses to run their mmj business. And they will be able to market their products across state lines. I think the revenue potential will be exponential
Everything can change if the federal judge in California's court rules classifying marijuana as Schedule 1 is unconstitutional on April 15th.
That ruling can have domino effect and force DEA to classify it as schedule 2 or force congress to take care through bill - CARES Act.
Our Articles of Incorporation authorize the issuance of up to 350,000,000 shares of Common Stock and 25,000,000 shares of preferred stock, with a par value of $0.001 per share. As of March 18, 2015, we had 208,154,008 shares of Common Stock, 100 shares of Series A Preferred Stock and 15,500,000 shares of Series B Preferred Stock outstanding;
How do u know he sold 10 mil shares. Some had earlier posted he still owns abt 7 mil shares and had sold only 500k in dec
Everything about ATTBF is in order except the revenue. One of the best business models and multiple stream of revenue recognition. But what is missing is REVENUE.
Under Mike's leadership, nothing concrete has been achieved and they haven't been able to capitalize on Biocell, Biocubes.
So until the new guys does some magic, no new investors are going to touch this one.
It proves that there was no conflict, the trademark has been denied since the substance is a controlled substance.
no big whoop.
Nice try, TRTC has been granted IVXX trademark. The previous trademark was Abandoned.
There is never going to be any lawsuit. Infact TRTC is positioned to be acquired and will fly high on any sector news or big tobacco acquisition news.
https://trademarks.justia.com/860/92/ivxx-86092185.html
https://trademarks.justia.com/864/00/ivxx-86400760.html
As per the article, the proposed Grandfather date for FDA shall me April 25 2014 or when the final rules are published ( sometime in 2015).
I think this is good news for eCig and Vaporiser mkt.
something that will most likely take this stock up from tomorrow.
http://www.usnews.com/news/articles/2014/12/03/house-leaders-rush-to-defend-e-cigarettes-from-possible-fda-bans
Admin, Please post it at the top. Very true analysis.
At the minimum it should be at 0.010 and shouldn't have dropped below that.
http://www.theglobeandmail.com/globe-investor/investment-ideas/theres-room-for-growth-in-canadian-weed-stocks/article19318905/
In this article , along with Bedrocan,Aphria, Abattis has been mentioned as 3rd preference.
I think Attbf is the best company in line after Aphria to get license.
Crash in price is just because of lack of any updates.
I don't think winning preliminary injunction against Affinor too will bring it back.
Only a PR giving updates on their license applications with some kind of timelines, any other revenue stream getting active and any further partnerships or expansion plans in US will do it.
Is Biocube already generating revenue. Why there is not PR about it.