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Thanks.
I'm surprised nobody called me out on not moving the decimal point for the percentage on MJNA! Correction=MJNA's return in that scenario is 1.52% vice .0152%. Looks like everyone understood what I meant rather than what I wrote. LOL! It's still less than ACOL's return no matter how one looks at it.
ACOL long and strong, just a matter of time...(and supporting fins).
Quote-"This is valued at sub penny."
Interesting, based on what?
The market determines valuation last time I checked. Granted it doesn't always make sense but it does tend to follow some amount of logic. Here's what I see on some comps.
CBIS market cap is $173M and brought in $5,214.00 gross profit (no, that's not a typo). ACOL is seriously undervalued then at $75M bringing in $1,497,216.00 gross profit. One is making .0031% return and one is making a 2% return. To put a cherry on it, ACOL's projecting 2-4% return (based on 100M cap) for 2017. That's not bad for a real company, and certainly not bad looking at the big red losses a lot of these companies are posting that happen to be market cap "valued" at a lot higher than ACOL... Need more?
MJNA is a hefty $305M cap and brought in a respectable $4,637,900.00 gross profit putting it at a return of .0152%...or not even as good as ACOL!
Go ahead and school me on what's wrong with the picture I'm looking at if you'd like, but ACOL is looking to setup for a good lift, not drop, based on some DD. ACOL would have to double just to match CBIS and more than triple to match MJNA.
OK, I'm in. Let's see what this thing can do. $SWRM
Bottom line=a green day on low volume for ACOL. Still below avg volume and certainly not (yet) what we were seeing in Jan/Feb.
Then you shouldn't be looking at Kush and the like for an ACOL buyout, they would be peanuts on the offer for a buyout. You should be looking for Dow Chemical, or SC Johnson (owners of Ziploc bags) or the like to buy into the market and stake their claim into the container future. Dow is one of those that could pull off a serious takeover.
Tupperware even...
I would agree but only if it was taken singularly. The importance of the 10-k was to define the trend which is putting yearly growth at a GREAT clip. Then mesh it with the 10-Q for 1st q 2017 doing almost half the prior year's business in a single quarter and the bigger picture paints a much more beautiful position. Profitable in 2017 on projections.
ACOL long & strong.
I love seeing this statement on the PR, "Our manufacturing arm is at less than 45% of capacity and poised for increased production." That's the key to ramping up to meet demand as needed in the short term (for 2017)...
That's the holy grail right there. If they do that this is golden.
And soon!
So with a 1st quarter like that we're looking at a projected ~$3.2-4M gross sales for 2017... not bad ACOL growth for the EXISTING market.
We can just imagine it WHEN the markets get unshackled and American/Canadian law is changed.
Side note= Gee...I wonder where Shaark disappeared to. LOL!
I agree. I wonder if Polymation has the ability to add shift(s) to boost on supply side...? At 45,000/month that puts them at 540,000 units per year max right now. If 2016 sold 558,000 and they just did 240,000 in one quarter, they'll burn thru the on-hand inventory of 350,000 in no time. Time to ramp up!
They'll need scalability if they hope to land a Canada or big contract deal...and meet it successfully.
Trend is defined..."The Company’s revenues have grown every year since in commenced business. 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." Sets up for a nice projected 2017.
Am I reading this correct? They sold almost half the amount of the entire year of 2016 in one quarter (1st Q of 2017)!?! The 10-Q is going to look really good.
"...during 2016, we sold approximately 558,000 units. During the first quarter of 2017, we sold approximately 240,000 units."
LOL! Just a bit faster typing Livin... Doh! Thanks for heads-up on news.
Yea I've seen it, I also see the difference in ratings (in favor of ACOL's Medtainer). This product popped up doing DD as a competitor for ACOL. Seems to be splitting hairs and lighter duty though...
--BUT--
More importantly did you notice the comment of, "My girl loves this medtainer." !!! That Comment on a Shredtainer? Just a little reminder of how wide-spread and name branding ACOL's product is now. It's semantics, but if every bag is a "ziplock", and every MMJ container is a "Medtainer", then ACOL just needs to bring the product in larger quantities to boost their game and bottom line. And wider patent protection from ACOL wouldn't hurt either. Dragon will just claim pop-top vs sealing lid, but the time to capture the market is now by ACOL.
Fun useless ACOL trivia to pass the time... Did you know if a person bought $1000 worth of ACOL stock at the 52 week low ($.0004)and sold at the 52 week high ($.05), they would have $125,000 now? That's a lot of beer money!
Agreed, and looking forward to the printed black and white numbers. I'm on the fence whether I want them to drop the 10-k early and surprise everyone keeping folks on their toes or to go the route of the predictable, precedent already set, stable way. I think both ways have their pros and cons. We'll just have to see how they play the hand.
Status (so far)= 637K Views, 5,494 Likes, 734 Comments, 2.3K Shares.
ACOL Long and Strong.
So Shaark, tell us what "source" EXACTLY you get this extremely important tidbit of information from-"derived from sales{of which there is ZERO}"; because zero sales is an amazing and potentially libelous & slanderous statement targeted against Fairbrothers, Acology, shareholders, etc. And given the company's published PR's either ACOL is lying...or you are. Which is it? If we see anything other than a zero in the gross sales box of the 10-K I think we'll be able to figure it out for ourselves then. Hmmm? At which point let me be one of the first to welcome you to the ignore list and I'll watch as it steers everyone towards Goodfella's et al perspectives.
Have a nice day.
Ahhh, ACOL board entertainment. Fun to pass the time...
I thought about this too, but keep in mind you need to follow that up with "Stagnant for how long though?"
Scenario- fins drop, looks great as expected, and the PPS flatlines sideways...bleh. Big picture puts a number of catalysts on the timeline very soon though (2017 1st Quarter, new product line, new expansion(s), etc) all while in the background general growth and sales are being shown. Even if it were to consolidate here or even slowly creep thru the 10-k there's still plenty later this year to keep the attention. Kind of like wandering into a minefield and worrying we WON'T hit something that shakes up the action.
But then I'm long and strong on this one so it's a different perspective than if you're a dayflipper...? I'm just waiting for the price target to arrive.
Actually I can see one scenario, yes. If we're talking brutal honesty here, there might be one issue that would affect some short-sighted investors that are helping right now, but wouldn't be (helping) after fins drop due to their viewpoint.
The sales and gross will probably be just under $2M for the 10-k which means great news, right? Rah-Rah Team and all that. We go up because now the missing values are plugged into the black and white. But some investors will (mistakenly) think a great gross means a great net which would be where they are misleading themselves. We've already expected the gross profit has gone to the Canada expansion and they've reinvested capital back into the company for growth. So I figure it's a great gross and a zero for net if we're just anticipating the bottom lines without the full picture. (It should be noted that reinvestment is already paying increases in revenue for 1st Q of 17 so round and round it grows). So all's good at this point, but it also means there isn't a big stack-o-cash sitting in the ACOL bank which is what some investors think they need to see on the balance sheets in order to stay invested in a company. So rather than have a realistic view of gross being more important for an establishing company, they'll hang themselves being disappointed on the net profit and cash-on-hand after reading fins and they'll bail; which will provide chop in PPS. But I suppose that'll provide entry points for those that miss the train, so it'll all balance out to the upside in the long run anyway. But aside from profit taking I think that's the other factor that'll just provide for some choppy entertainment as we go. IMO FWIW
If the charts are any indication it looks like $.05 will get bum rushed and might give $.10 a run for the money before the next stairstep. Higher starting point and higher ending point with stronger longs in place now. Time to build next base on solid fins with 10-k and 10-q.
Yes, with 3.8B restricted internally. 1.3B float. That's the hardest hurdle to make it over on the DD imo. But percents are percents...
Maybe he's just mad and checking in because his prediction of triples and subs didn't come true... ACOL long's too strong.
#22 on Breakout now.
Long way to go still...
but you're right.
ACOL Charts are gorgeous now!
More reloading walls on ask... trying to suppress price without tipping hand.
Just need the "let it run" signal from the MM's to show.
...and buying pressure.
ACOL MACD going positive, ADX/DI+ upticks, Upper BB touched (and passed), volume still low but increasing, daily RSI low (53) and rising, 10-K imminent within 2.5 weeks if not Friday, positive news expected shortly after, and positive 10-Q expected after that. We are systems go for liftoff and to establish another new baseline price.
Now if I can just get a couple of my other picks to look as nice as ACOL I might have a chance... LOL!
Oh yeah. ACOL's got legs and knows how to use them.
It's just repeating information we already know about here, but it's more ACOL visibility... maybe news to new investors that follow the MMJ Reporter circles.
http://mmjreporter.com/acology-inc-otcmktsacol-expects-to-capitalize-on-upcoming-legislation-in-canada-2908.html
Good day. Up 6.5% with bulls taking over the .0175 bid spot moving the ask up to .018. Looking forward to rest of week and into April...
Boom. 175's out. Can 18's be dethroned in 8 min's? Hmm.
It's nice to see a big bid sit there and not change AND the ask get chewed on. ACOL leaning toward the positive side today... should have the green candle for today setting up leading edge for Friday.
I know right!?! Just watching the ask get chipped away before the party starts and the fins show up. LOL! Oh, and the bands narrow... The daily with BB overlay on stockcharts.com is looking like an elephant now...
Now THAT is a BB pinch!
Ask slapped. Let's see what they do.