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News out mentioning SWRM and SING...
https://www.prnewswire.com/news-releases/consumer-spending-on-legal-cannabis-products-are-outpacing-estimates-679629963.html
Doesn't mention ACOL specifically but what is really great for one industry (R/MMJ) is helpful to ACOL (packaging)! Still a long term green climb ahead...imo
https://www.prnewswire.com/news-releases/consumer-spending-on-legal-cannabis-products-are-outpacing-estimates-679629963.html
How's this for an analogy... If pot is headed to $50B by 2026 and $75B by 2030 (which rivals the soft drink industry), then having shares in Acology is similar to owning the aluminum soft drink can factory.
https://www.mercurynews.com/2018/04/06/legal-cannabis-on-pace-to-match-u-s-soda-sales-by-2030/
"Acology 10K Highlights Accomplishments, Looks Confidently Forward"
https://globenewswire.com/news-release/2018/04/02/1458504/0/en/Acology-10K-Highlights-Accomplishments-Looks-Confidently-Forward.html
Finally! (even though it's on time)
Stand outs for me...
First the bad:
No mention of the acquisition/merger of CBD products. No breakout of Canada vs US sales. So close yet so far on net profit and extinguishment of debt. 5,249,511,270 O/S (but 3,733,000,000 or 71.5% owned by officers so skin is in the game as incentive to do good).
The good:
"In 2015 and 2016, we sold approximately 314,000 and 558,000 total items, respectively. In 2017, we sold approximately 1,010,000 total items."
"Our sales for the year ended December 31, 2017, were $2,210,470, from which we earned a gross profit of $1,440,675."
"In 2013, its sales were $254,992; in 2014, they were $460,756; in 2015, they were $1,441,441; and in 2016, they were $1,975,923; and in 2017 they were $2,210,470." (how many penny stocks run $2.2M in sales and show year after year growth?!?)
Officers pay dropped for 2017. Sales staff increased. Approx 400 shareholders own 1.5B unrestricted shares. Didn't even touch legalization legislation changes in 2017 which has a significant positive effect for product in both Canada (thru IGreen) and multiple states (read=lots of future growth/sales potential).
Just some on first glance...
I get Canada/USA... But Greece and UK are getting into the Medtainers now too?!? Greece even outsearching both USA/Canada???GREAT! :-$
https://trends.google.com/trends/explore?date=all&q=medtainer
24 times the average volume already on a low-float and the biggest news release of the companies short history... How is this NOT already $5+?
MA50 crossing MA200 at .013 and the STARTING point for Para SAR flip to positive is sitting at .023 today with upper BB at .022. ADX is coiled and undecided awaiting direction. RSI is cooled with MACD reversing course to go more positive. I think the charts ready at least...
Let's see if she rips soon.
Hopefully this will return to pre-Sessions-gaffe now to continue the climb from $.023
It was doing fine til that little illogical hysteria derail.
Right before silverland shows up? Not likely... at least I hope not; he posts good stuff.
On that subject, I wonder how many shareholders have the intestinal fortitude to hold to a dime? That might be tested this year...
Lots of eyes not an exaggeration... ACOL is #3 on Breakout Board!
Going to be a fun opening/week/month.
Karl- "This amendment has been filed solely to indicate that the Registrant has (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. The original report mistakenly indicated otherwise."
So the numbers are GOOD still (stayed the same). No funky stuff or fudging the numbers happening with this real company, with real products, and real ever-increasing sales. Just a nice to know and a departure from some of the other penny picks out there...
10Q is out and the numbers are GOOD! imo
BTW, it makes even more sense as to what/why Sessions did when you realize that the DOJ was being held to a "policy" off a memo and not to a "law" in a Statute.
That goes a long way to explaining why he just took off the table the part of the govt looking the other way and not prosecuting. Fed should be run by laws and not memo's with (shifting) policy. The saying, "Don't like it, change the law" comes to mind. In this case, it's past time we should do just that, so we don't put the DOJ (everyone's DOJ!) in a bad situation where they have to ignore law as, and because of, a policy...
Currently a classic no-win situation and certainly not a long-term solution until we get a delisting.
ACOL long and strong.
In the finance world one learns NEVER to put absolutes and to caveat things with "I think" and "I believe" and "in my opinion"... Shows where it's coming from and that it's not official institutional or endorsed as gospel if you catch my drift.
In short, Feds want out of enforcing contradictory laws, easiest way is to force Congress to decide for/against Schedule 1 at Fed level, easiest way to get Congress to act is to force it back on States and cause a commotion. Now it's up to state reps in House and Senate to vote on removing Schedule 1 status or continue to pursue at State level with known contradictions. We will see if they put a long-term fix in place or just more bandaids ignoring the real problem.
Bottom line-ACOL looking great to take advantage of multiple markets REGARDLESS OF DECISION. Buying opportunity in this instability...just like the volatility MM's make.
Cash in on others confusion. Luv it!
Heh, all in my opinion... :-PPPP
EXACTLY! That is a good grasp of what's going on and he's correct, this can be used for a long-term bipartisan solution by forcing states and/or Congress to address it and why Sessions wanted to punt this hot-potato down to the States rather than Federal. Congress put it on schedule 1 in 1970, Congress can remove it in 2018. And he's correct in that the Sessions agenda is out-of-date and should be ready to step aside (based on the will of voting public of course).
It would be great to see it drop to the states, be agreed upon by the bipartisan majority and then come back "up" to the Federal level as a legalized choice similar to smoking or drinking (ie. adult activity). (Thus the delisting is required to fulfill that course of action.)
ACOL equipment poised to take advantage of both his mentioned USA and Canada markets too...that's why I'm here.
Thanks for posting that!
Why did he do it? I think the reason is a lot less devious and conspiracy theory'ish. I believe it's more a matter of empowering and not giving contradictory information to those states that have NOT legalized (yet?). By handing it off to the individual states it no longer has the Fed's wrapped up in a "some do, some don't" law enforcement capacity. At the Federal level ALL laws should be in the category of ALL states are subject... not some are, some aren't. The moment it affects some and not others it should, rightfully, move to a State's Right's enforcement issue; NOT the overarching Federal level.
Thus the people of a non-legalized state can still prosecute WITH THE STATE'S POPULATION SUPPORTING THAT DECISION, in those jurisdictions where it is not legal.
Meanwhile, they can make the determination to NOT prosecute WITH THE STATE'S POPULATION SUPPORTING THAT DECISION, in those jurisdictions where it is legal.
Either way, ACOL products here to stay.
I completely agree. Doesn't change outcome in cases though were it to come to that. Word spreading is "status quo" and "no impact" to both individual and established businesses. And yes, Sessions is hanging his hat on outdated regulations that Congress has already indirectly dismissed with the ZERO budget on MMJ enforcement. The message sent was from Congress was to basically leave it alone. Like I said, next long-term solution step is delisting from Schedule 1...
And,yes, his stepping aside might help immensely if the next is a MMJ proponent willing to listen to studies/evidence/etc.
OK, let's walk down that path for a moment, shall we? Hypothetically-All 36 legal states get their Attorney's replaced with non-MMJ supporting ones. They lay charges against someone, go to trial, and exclaim "OMG, the defendant smoked pot!" with no additional charges/crime levied. Realistically, what do you think the jury of peers in Colorado (or California, or any of the others) is going to do? The federal prosecutors would be lucky if all they did was get laughed out of the courtroom... the people are the ultimate arbitrators on what is/isn't allowed and after 37 years of trying it one way (and not having it go away) they instead are trying the opposite.
The People of several States have already spoken in declaring it no different than saying, "OMG, he drank a beer!" (again, with no associated crime like DUI in addition). It's just a non-issue anymore and has had less impact than drinking has all while filling state tax coffers in windfall amounts. They're already too far down the path of deregulation to reverse now, even if some want to put the genie back in the bottle...
ACOL Long$ will win big on this and, if it came down to it, can/will outlast any Sessions term of influence, however short that may be...even if it were the worst case scenario you propose.
Forecast-Watch for Schedule 1 delisting petitions to gain traction in the coming months. It was placed there in 1970's, it's finally time and has enough backing/evidence to see it removed now. (imo)
ps. the politicians in general (bipartisan plus ind's!) are freaking because they don't want to get caught between the banning Feds and the will of the People. Positions tend to get lost, complicated, voted out, and catch excessive amounts of heat/calls/letters/pressure/etc when that happens.
It simply removed Feds from being in the drivers seat, the States have the right idea. "U.S. Attorney for Colorado: No changes on marijuana enforcement". So it's just status quo for the level-headed folks that aren't getting sucked into the chicken little hysteria. The states that legalized just won't pursue charges and those that haven't legalized will have the option of making their own bed (of challenges) IF they decide to prosecute.
That said, the long term solution is to have Congress follow up and delist (at the Federal level) MMJ similar to how it "downgraded" alcohol during Prohibition.
Wow, 28 Million shares by lunchtime and a hard level support after a panic sell. Anyone thinking this stock is small-time and isn't being watched by big $$$ might want to rethink that position after today. #37 on Breakout board.
Next 90 days will be interesting/telling...
/sigh. Recap time. Elites pass the 18th Amendment banning alcohol. Then the People spoke. Congress passes the 21st Amendment repealing the 18th.
We all see how Prohibition worked out. The Fed's aren't going to step in front of that train again; it's a state's issue (well at least for 36 states now) to deal with as they please. If they did (step in front of the train) it'll be ugly as they get mangled...and it won't stop the train.
We won't even cover exporting ACOL products like Canada, Amsterdam, Latin America, etc...
Learn from history, so we don't repeat history. :-P
Lots of weak-hand shares fell for the head fake. Restoring States Rights for pursuing prosecution (or not to) ultimately means this is good news. ACOL Long$
From Fox news:
"Sessions is expected to announce that he will rescind that memo and instead leave it to U.S. attorneys in states where the drug is legal to decide to what extent they will enforce federal laws."
Happy New Year, here we come! ACOL Long$.
4.2M transfer. Makes for 27.5Million shares on a slow/sleepy/holiday weekday... LOL! Still a half hour to go.
MorganFreeman good call-"volume precedes price".
Yeah, I saw that news story too. Just a matter of time now though...
Ahh, ok, understand your perspective now. Yes, it'll be a fray next week as it sorts out for the ramp up in Jan/Feb as legalization hype hits. April for Annual/4th qtr will be fun.
I figured those that want the writeoff and had losses will bail today.
I'm assuming you meant "sell off in December"... Tend to acquire in Jan.
Probably those that want a good position entry that aren't afraid to span between the year end and year start...getting a jump on everyone jumping back in next Tuesday.
?
$.10pps puts market cap right around $500M. LOTS of worse off companies made it there...
I'm beginning to think there are some folks that are reading the charts upside down, or have an equation inverted somewhere. Down trending... LOL! Only if there's a massive failure; and all indications are good so far and the past record shows improvement since inception of product lines. ACOL long=$$$!
Bye to the haters and looking forward to a great new year with multiple massive (legal) market boosts! Increased sales driving huge growth, what a novel idea...
Yup, 7.7mil on bid. Someone/something waking up...
Probably another shake looking for weak hands... Seems to happen right before another leg up.
Yesterdays news article-"Cannabis Market Expected to Benefit from Sales of Medical Products"
Specifically calls out SING and SWRM. Might have helped today's step up...
https://www.prnewswire.com/news-releases/cannabis-market-expected-to-benefit-from-sales-of-medical-products-663647543.html
What date was the message from him? Today?
Thanks! So everyone's at the party now, just need the band to start playing...
I thought the E-Trade issue was corrected... Post said it was on the 1st...? Can we get a confirmation one way or the other?
And that was back in April?!?!? Time to revise even higher...
All's good, just keeping us honest and facts straight as much as possible.
3,205,350 x $.0631 = $202,257.59