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Medmen revs from THC dispensaries in the US started increasing 40% quarter over quarter in 2018. Could CBD sales increase 40% every quarter in 2019? Kevin Hagen speaks about "exponential growth" in sales in many PRs and we have had many reports of Diamond products being sold out. I hope Diamond is stepping up their supply chain to keep up with accelerating demand.
This stock is extremely underpriced, should be .20 and will be within weeks. Who would be selling when audited earnings could be released next week?
https://seekingalpha.com/instablog/33669655-jfsigerson/5273880-harbinger-research-strong-speculative-buy-potnetwork-holdings?fbclid=IwAR0dgDbOk7mxgWChYFzgVPc1HmWpZZrV_51NIdtoDGHVwPIaNM_P2E42XhU
Looks like we might close up- smart money wants to be in for the possibility of earnings next week.
So now you have a godlike knowledge of what Cornell's faculty and all vets across the nation are thinking?
Links to your claims please.
My ideal scenario would be for POTN to demonstrate an acceleration in revenues starting in 1st Q 2019 and continuing through the year. I believe (my opinion only) that we can see the biggest potential share price increase over time by not being bought out, although a bidding war would be even better.
Just watched a CNBC interview of Tilray's CEO regarding their acquisition of Manitoba. In it, he says their next step is to get into the CBD retail market in the US. Manitoba is just granola type foods with nonCBD hemp seeds and seed oil. It's going to be a VERY interesting year for POTN.
Direct link to POTN research report by Harbinger on company web site:
https://www.potnetworkholding.com/sites/all/themes/potn/images/potn-research-report.pdf
Any of the big Canadian MJ/CBD producers looking to get into the US retail market would be possible buyers IMO.
Lets not forget that POTN says (Harbinger report) that POTN will not sell for less than 18x revenues which comes to 450 million using a conservative 2018 estimate of 25 million. And using the current market cap comes to approximately $5-6 per share. Then if you use the revenue growth estimate in the report of 40% per year, you do the math.
Smart money is getting in before earnings and uplisting.
You are correct, although since the report is directly linked on the POTNholding.com web site, it must be mostly accurate as to the quotes from Hagen.
This is incorrect- only two years of audited financials are required to uplist to OTCQB according to OTCmarkets.com. Harbinger should have consulted with the CEO on this.
https://www.otcmarkets.com/files/otcqb_standards.pdf
There is a continuing smear campaign against POTN, still using that fake study in a non scientifuc -journal about contaminants in unspecified Diamond products mysteriously handed to some non-scientists and tested. It is getting very old, and it tells me that competitors are getting desperate.
POTN should be able to register with the SEC as a fully reporting company with 2 years of audited earnings, and this along with increasing revenues will attract more confidence with investors.
It is wise to remember that POTN is a volatile stock in a period of high volatility due to political uncertainty and trade wars. I would recommend not putting this month's food money into the market right now and having an investment window of 6 months or more in case your stock gets caught in a downdraft. Timing is difficult to know of even earnings reports. We all thought POTN would be SEC registered and listed on the OTCQB right now.
That said, from the Harbinger report we know that 40% increase in revs are expected year over year and an exit strategy of the sale of the company would be for at least 18x revenues.
This study was debunked months ago.
The opposite- auditing the books.
I too would like to see unaudited earnings while waiting.
Most importantly, I am very pleased to know that IF shares are sold as a stake to a partner or in a buyout, they will be selling for at least $5-6 minimum as per the Harbinger report.
So the full 2018 audit may or may not be completed yet, just a matter of semantics. The "speculation" you claim is in my previous post is quoted 2 or 3 times in the Harbinger report which is posted on Potnetworkholdings.com web site. This is apparently what the CEO is saying is an achievable strategy. As is 40% growth in revs year over year, which is based on the CEO's inside knowledge. IMO CEO Hagen is speaking through the analyst report until the audit is ready and the PRs are finally released.
There are MANY catalysts coming any day that will remove the uncertainty and increase share price. 2018 earnings could be Tuesday or one day next week. The reason for the decrease in share price in 2018 was the delay in SEC registration and uplisting. Both will be corrected soon now that they have 2 full years of audited earnings. Combine that with increased revs and possible forward guidance (which we saw in the Harbinger report to be 40% conservatively). Even better, it is quite possible that a large company will take a stake or buy POTN out for 18X revs, as stated multiple times in the Harbinger report.
Steadily climbing back from one huge sell in the morning and holding tight to the 16s. Looking strong POTN.
Link to another article, POTN getting a little more attention lately.
http://www.cannagreed.com/2019/02/14/top-3-cbd-stocks-to-watch-in-2019-envirotechnologies-international-inc-otc-etii-cv-sciences-inc-otc-cvsi-and-potnetwork-holdings-inc-otc-potn/?fbclid=IwAR1tE0jSfQTkoOAyTlBnQmRC7zP-tIN-ew2m4XHzF4SCpVh6u5LDwpSSMcU
Before reading this research report, I was concerned that I would get only $1 per share if there was a buyout (which would be a generous multiple at this ridiculously low share price). According to this report, it is stated several times by the CEO that he would expect a minimum of 18x revs, which equals $6 per share based on last year's revenues. Very nice to see.
Also in this report, they expect at least 40 percent growth in revs year over year, giving approximately 35 million as a base for 2019.
Also see Cleveland12 sticky above for link. Everybody needs to carefully read the Harbinger report.
It's all in the Harbinger Research Report linked in my post yesterday, also on the POTN website under Investors.
Based on the January Research Report posted on the POTN web site, we can get a feel for the exit strategy- which is to drive up revs and eventually sell the company to a big player for a minimum of 18X revenues. This is currently $6 per share (conservatively assuming 25 million in 2018) and will be much higher at the end of 2019 using their growth rate of 40% per year. The current valuation is a gift IMO. I recently worked at a VC-funded small cancer pharma company with a similar exit strategy of selling for $500 million to 1 billion after successful completion of phase 2 trials. The success of POTN is a much safer bet based on 2018 sales.
I figure that since it's a 3 day weekend, there will not be an earnings report tomorrow. You are probably right and I will be looking to buy more shares tomorrow.
Removal of uncertainty by SEC registration and uplisting will be equally important as a catalyst for share price IMO.
Even if the revs for 2018 are 25 million, forward guidance of 40% will shoot the share price higher.
It is pretty much a no-brainer that 4th Q will be 7 million with the potential of being MUCH higher. The only uncertainty at this time is when we get those number IMO.
Please make the price go down- I've decided to add another 50K before earnings- which probably won't be this week IMO.
closed up 10%, sure can't complain. With earnings tomorrow, we close the week around .30?
He was talking 2019, not 2018. That said, I could only find a research report that says 40% increase over 2018 in 2019.
.185, lets go!
I learned that lesson from the Ebay IPO. I had some shares that immediately doubled then flatlined for a few weeks. I got nervous and sold, and it soon shot up to infinity. I say stay in as long as there are upcoming catalysts and earnings are increasing. I have been in POTN since the .06's, and I think it is still in its infancy.
Great minds! Looking good so far today, .179 on about 1 million volume.
Worth a thorough read if you are invested here, Harbinger Report:
https://www.potnetworkholding.com/sites/all/themes/potn/images/potn-research-report.pdf
Very interesting key points repeated several times-
1. A large company is likely to take a stake in POTN worth at least 18X revs or a buyout. (18x 2018 rev conservative est is 25x 18= 450 million, note that an outright buyout of 450 million is approx $6/share)
2. Page 11 Sales had flattened in 2018 due to "sales org capacity constraints" and the company has focused on this problem by opening a larger call center, increasing sales staff, and other initiatives "These initiatives include the deployment of an outside sales and product
distribution team in Company-branded vans, the rollout of educational kiosks and vending machines designed for shopping malls,
a new customer referral program, and the rollout of its new mobile app."
At least 40% increase in revs expected due to these initiatives = giving $35 million revs for this year minimum
POTN is going to be HUGE in 2019 people.
Or trade shows