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There's entirely too much selling into the bid going on today. /sigh
??? What are you talking about? 2nd qtr filings don't happen til July/Aug. Historically they've been filing the 2nd week of Aug.
Instagram and Twitter postings show Tilray Canada chose Medtainer!
"Thank you @tilraycanada , we are happy that you have chosen to support the #Medtainer !"
The container of choice as it goes legal.
True statement. But according to the 10-k they have it locked until 2023...at the very least. "Under this agreement, we have the exclusive worldwide right to purchase, promote, advertise, market, distribute and resell the Medtainer ®"
Mutual consent will extend that by like terms and neither company is likely to give up a gravy train. They (ACOL via D&C) also secured right of first refusal in the deal from 2013.
Perfect. Good to hear they work as advertised and that's exactly the feedback I wanted to flush out in the open. That leaves only one answer, something wrong with Deathstarr's claim/product.
And yes, I'm several million shares into ACOL from .0006 based on DD/Charts only and have not checked out the tangible product as yet...I'll correct that in the A.M. as now I'm curious. I don't really have a use for it other than verifying DD but now I'm wondering if it can be used to grind up the pet's pills to mix with their food... They are pretty small though.
OK, I'm confused now (don't worry, happens a lot, LOL! But I get to the bottom of it and solve the issue at hand eventually though). Zevia- are you saying it's not air-tight and isn't supposed to be air-tight?
Granted I don't have or use a Medtainer but it was my impression from company literature it is airtight and smell proof as evidenced from their own websites: https://themedtainer.com/pages/about-us
Quote, "Through the product's ability to embody both air-tight & grinding capabilities, we are able to transcend various markets and expand its everyday uses."
Early version maybe? I'll bet if you contact them and provide the product back as a quality control issue they'd replace them... just an option to explore if the product is letting you down.
You said that last month on the 10th and it caught my eye then too. I'd like to follow up on that now to answer my curiosity. It'd be interesting to find out if you A) Have the actual Medtainer and not some knockoff, B) Have the Medtainer and a defective product, or C) the Medtainer, which advertises air-tight, isn't really air-tight and that makes the relationship with Boveda even more important... Hmmm
Pictures? youtube? something so we can figure this out?
After today ACOL moved to #26 on breakout board. Lots of visibility and folks are getting back in. Must be time. Reminder-2nd qtr earnings show in July and this might be aligning up for that also.
Might be short of a dime on the next ramp up before another consolidation, but it'll get there eventually. Let's welcome some tight-fisted holders as they'll help get it there.
Long and strong.
Just made and jumped up to #34 on breakout board.
Volume seems to be picking up momentum also...
ACOL Chart summary= Broke thru upper BB and riding up, ADX signaling buy, MACD breaking positive on upward swing, Para SAR nowhere near price action and on upward swing, AROON flipped positive up with lots of drop on negative leg at 72, RSI warm at 68. Positive news just broke with more on way. Up 20+% today so far and putting nickel (and beyond) in sight. Looking good overall right now...
Slow, steady, strong and long.
Yup, like that... as soon as I posted that a 1.2M wall pops up at .0145.
Hmmm, someone is trying to suppress upward movement today... The ask has been pounded all morning and still the ask reloads between .0145 and .0150.
And this is still a low volume day so far...
I feel your "pain". I just looked and I'm up 900% so you can just imagine the nail biting I did at a nickel! But this is way, WAY undervalued and I'm not on the ask until my price target is reached... might still be months, but it'll get there sooner or later as long as ACOL stays on-track.
LOL! I'll sell more than 1 at that price... How about several million.
$.05??? Don't stop there, let's see it hit a dime this time.
One of my 'pay attention tripwires' will be when ACOL breaches 20M+ volume days. The more buy-and-holds there are in that equation the faster it hits a dime.
29% gain in a day; that's a good start...
Restricted internal shares was listed as 3.8B (technically 3,802,044,143) recently. But yes for the most part.
A/S=6,000,000,000
O/S=5,164,134,792
R/S=3,802,044,143
Float=1,362,090,649
Per Danielle Case-Issuer Services Associate
Exactly right and what I have remarked on before. They could go into work next week and retire all unissued shares between A/S and O/S (6Billion minus 5,163,134,794 which is 835,865,206 worth of shares), drop the A/S to match, and NOT SPEND A SINGLE DOLLAR dropping the share structure while at the same time making the company more appealing to investors, creating goodwill, showing responsiveness, etc.
From there they could start exploring buybacks of the restricted internal shares (read cost), or reverse split (no cost, but intangible loss of goodwill so timing will have to be perfect to offset any negative impression), and so on...
But the easiest, quickest, least costly, good intentioned solution in the short/near term is dumping what's not in use already which happens to be the spread between O/S and A/S.
So the $200M market cap company (OGRMF) is doting on the $45M market cap company (ACOL). Nice.
Time to put ACOL up where it belongs.
That post is rather misleading unless you realize the associated pic is someone dancing...
Nothing new and no earth-shattering revelations, but haven't seen this posted yet... Might bring fresh eyes/money to ACOL though.
https://www.mmjobserver.com/acology-inc-otcmktsacol-releases-letter-to-shareholders/28717/
Price action at opening flipped Para SAR. On buy cycle now. Also threw ADX +DI to buy signal. The candle is huge.
Hah, 911 issued at 0932. Someone got worried about a run up with that 1.1M flop on .009
LOL, if that's a "sucker's rally" I'll take it anyday!
Bids are building nicely.
AWESOME! I watched as that website rated ACOL as a sell right before the launching ramp up to a nickel and that website rated the strongest buy right before the sharp drop. Maybe that means it's due for the next ramp up within the next week! LOL!
It's a painfully slow process. Trying to change bureaucracy is like trying to turn an ocean freighter... doesn't happen on a dime.
Precisely.
Force the players at the table to call or fold, either way the round is over and we can move on.
I see what you mean. That might be the short term play but I see Sessions move as a cold, calculated move on the chessboard to force the issue to seek a resolution in the long term play.
We can't have states saying it's perfectly legal and fed's saying it's not, we need a black and white line defined in law. So he presses the fed side which should galvanize the public to either be for or against removal of fed law in regards to MMJ (or recreational); still leaves the states to decide their own views, but it removes the fed responsibility to chase low-level MMJ junk/distractions. That may just mean the line is drawn where fed's worry about prosecuting only other drugs (heroin, crack, etc) instead, but that's exactly the direction the DOJ is trying to ferret out by demonstrating the strong-arm one side of enforcement. They need to determine what the right marching orders should be. It'll be a nightmare if the line starts falling on amounts of harvest or weights or other "middle of the road" quantifiers. I can understand exactly why the feds don't like being caught between a rock and a hard place...or the People and outdated Law. They just want clear direction of whether it's good or bad so they can apply resources accordingly. Which is why the message of congress giving DOJ exactly $0 ZERO dollars for MMJ enforcement is so relevant to the discussion.
So once again the MMJ market "may" have short term uncertainty, but long term it's looking real good from state, fed and international views. Now the hard part...patience.
Reminder-Sessions only enforces law(s). The laws are changing. The people are speaking with votes in several states and countries already. Soon it'll be no different than alcohol because the world doesn't need another attempt at prohibition; we saw how that turned out.
Excerpt from Instagram:
Begin quote
"3,838 views 8h
medtainer-Big ups to @machinegunkelly and congrats on the new #Bloom album drop and thank you @andreciscoxx & @himstonedxx for your support ???? go on iTunes now and download #BLOOM !!
adelejoanna-How do we get one of those bloom grinders!"
End quote
Yeah, looks like they froze trading while they sorted that out too. The 135 snuck in before the 141 posted and then it corrected.
Ghost-Granted, they are making headway on moving towards their targets; which is why they've gone as far as they have in PPS and shareholder confidence. We still have yet to hear about "in talks with" on the sole-source contract for Canada packaging though, but expansion is getting it closer at least.
So it's not that it is so much "B.S." as you put it as much as there's a better way of doing business that reduces the view/impression of pump and dump and being strung along. Why not just release after-the-fact when the ink is on acquisition paper? That holds MUCH more meaningful content than wishy-washy "we're in talks with Tupperware..." which could mean they sent an email to Tupperware that reads, "Hi!".
You have to ask yourself which holds more impact, A. "We're in talks with SC Johnson." or B. "SC Johnson just bought us out for $.10/share."
So far ACOL is showing it's got and is getting the goods, but it's good to have a healthy amount of skepticism when dealing with penny stocks...
It's up to them to prove they belong and deserve to stay at $.05+ though and the ball is in their part of the court. I'm just saying it'll be harder, not easier, for them to do that with fluff news like "in talks with" stories.
Married? Yup, but no worries.
With an average of $.0006, this is already a matter of how much icing on the cake. Just a matter of time now until the exit target is reached and that's still probably a year or two out.
Steady hands and good growth gets us there...
I'm as long and strong on ACOL as they come which is why it hurts to say these news stories are worthless imo.
Anything with "in talks with" is just fluffy crap. "Acquisition Completed" or "Medtainer selected" or "Canada purchased" or "Contract signed" (all past tense) would be welcome news but these "in talks with Canada" or "in talks with EZ Health Solutions" junk is just filler between worthwhile releases.
Granted I'm patient, but good MEANINGFUL news is what's needed here.
So I'll wait; besides I'll fill my time with other things. I'm "in talks with" putting a mars colony in place, creating world peace, solving world hunger, and proving god exists.
Doesn't mean it can't happen, just means it hasn't happened...yet.
Now on that we can agree completely. The share structure sucks bad and has been the subject of alot of discussions here. That was my biggest hurdle to get over also with ACOL. Restricted shares of 3.8B leave only around 1.3B to trade currently though. I was worried they would dilute to match A/S also, but the O/S has held stable, even thru the 'good times' so they appear to be making an effort of containing ops within means and won't issue more than necessary.
If they do a share buyback/retiring it would be much better than a r/s to correct the SS.
So far they're making the right moves to establish a real company, they just overcompensated the initial SS (imo)... but it also means they didn't play the game of dilute, increase A/S, dilute, increase A/S, dilute, rinse, repeat until it works or falls apart.