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Yes like in front of Starbucks in wealthy areas with high foot traffic in high density cities like SF, Manhattan, Miami
A vending machine like those used by Redbox can have full screens of information for each product. Can digital info really be faked on a drivers license? I could see using a stolen license, but not DiamondCBDs problem. They are selling guns without background checks after all. And there are MJ vending machines in CA aren't there?
Wow, did you see Vaccaro's post on fb? Next week at CES in Vegas, POTN is introducing the first CBD vending machine that verifies age by a drivers license swipe. A big PR on this is upcoming IMO.
Congratulations to all longs on a great turnaround week.
We need to close above major resistance at 14.5 to keep moving up raoidly according to chartists (Claytrader). Although I am hopeful there will be big news next week.
The company is 2 years past the financial mess of Sign and Drive auto, financials will be fine now. 2017 already audited, 2018 soon to follow, then nothing to hinder uplisting and SEC registration.
I would trust OTC site and I will use it from now on for data. I take back my statement about Charlotte's web lol.
I have been using Yahoo Finance for quick checks on market cap and it says 1.1 billion, wonder why they are so far off?
But- we must see revenue impressive acceleration and if so, the sky is the limit when debt is resolved and share number is reduced.
CWBHF has 1 billion market cap and a price/rev of 92X (Charlottes Web)
You are correct, I must not have looked since last spring when CVSI reported 1stQ at 8 million. Now quarterly revs have grown to 13 million. I expect and hope to see this kind of growth from POTN this year, and if so, share price of $5.
CVSI has similar revenues market cap 500 million. They are 6 months ahead of POTN in uplist to OTCQB and SEC registration, but similar revenues. That said, I don't know much about their products, management or potential revenue growth.
I believe $5 is easily achievable IF there is impressive revenue growth. PE is based on forward earnings and this is an extremely rapid growth sector. In addition, we have seen such rapid increases in share prices in companies like BUDZ which have no revenues still, and CVSI with comparable revs.
POTN has requested summary judgement for complete dismissal of debt and "is confident" in their position.
Copy and paste from POTN quarterly report on OTC web site:
https://www.otcmarkets.com/stock/POTN/profile
The terms of the Note entitle the plaintiff to payment in cash or in shares of the maker (SND
PotNetworkHolding.com
DiamondCBD.com Page 14 of 15
Auto Group, Inc.), at a discount of 65% of the lowest trading price of the preceding 30
trading days. Instead, however, the plaintiff has throughout, sought to convert into shares
of the Company, at a fraction of a penny per share, or approximately 2,700,000 shares in
each instance (as opposed to approximately 56,000 shares in each instance), of the
Company, based on SND Auto Group, Inc.’s share price, when SND Auto Group, Inc.
was the public Company, and prior to the Company even being in existence, let alone
being public. It is the Company’s position that the Company only became obligated for
the Note (which is the obligation of the maker, SND Auto Group, Inc.), upon the
unwinding of the reorganization, or as of February 7, 2018, when the Company’s stock
price was considerably higher (and therefore obligated to issue far fewer shares in
satisfaction of the conversion notice) than it was prior to the holding Company
reorganization and the acquisition of First Capital Venture Holdings Co. The Company
intends to vigorously defend against this claim. The Company is confident in its
position.
NOTE 13 – Management Assertions on Critical Audit Matters
The management has been resolving these issues diligently and none will appear at year-end for
the 2018 audit.
I for one would NOT be happy if I just got $1 a share from a buyout. $5 by end of year is what I am looking for.
If the SEC registration is announced tomorrow sellers will be sorry. BUDZ had a PR yesterday about SEC registration and has almost doubled since.
$1.25 In a period of weeks lol
$6 million would be flat in comparison to the first 3Qs in 2018. I expect 7-8 million based on POTN PRs over the last 6 months, new product lines, increased awareness about CBD, huge orders at trade shows.
POTN maket cap is still just 2X revenues, using the OLD projected revenue number 24 million- are you kidding me? This bounce will go to at least 5X revenues, and I expect 2018 to be more in line with 26 million (or higher)
Yes, and now we will have power hour again many days.
Daytraders are back in too
Is there a list of upcoming interviews online somewhere?
3 million traded in 30min- looking like last January and I love it!
Up 15% on 2 million shares traded now.
Today's action makes me much more confident that POTN is in a strong up trend. It is trading up on high volume on a very down day. So I bought another 10000....
An educated guess for sure. I can't imagine how they will not have a revenue increase over earlier quarters with the many new product lines, massive increase in awareness, publicity and interest in CBD, mall presence at Christmastime, large new orders at huge national and international trade shows. Even the elderly in my conservative state are all talking about it and recommending it to friends.
MERGER BETWEEN POTN and NASDAQ COMPANY
https://rumormurmursbuzz.blogspot.com/2018/12/potnetwork-holdings-potn-ceo-will.html
So true. I have great hopes that this will occur soon.
We longs who have been patient are set to become millionaires this year, IMO
Debt will be retired after court settlement- Jan 14- wait for it
Old news, Vaccaro has been paid back (last year) with preferred shares which are locked up and allowed to be sold in small percentages over time. The remaining 1.8 million for S&D Auto to be settled in court in January, most likely dismissed by judge.
And there is always high volume- many eyes watching and high interest will help ignition of shareprice.
Exactly what I am expecting- like CVSI which had SEC problems dragging down the shareprice, POTN will announce debt resolution, SEC registration, uplisting and an increase in revenues. Then a run to $5 in 2019 assuming continued acceleration of revenues.
Same garbage regurgitated. I am a research scientist and believe me, there is no data here and no information about the source of the sample. No controls, no numbers, just a description of methods.
Correct- not looking good now in December but will be looking many fold better in January.
Put simply market cap 51 million, revenues 24-30 million for 2018. The math is very simple and shows that share price is 4- 10 fold too low.
Just brought my position to 250,000- 2019 is going to be a great year. I love the trading volume of POTN, never less than 3 million. I look forward to the upcoming 35 million days with huge share price increases.
That's the worst case scenario- that there was no revenue increase from 400000 large orders at the LV trade show in July, no international sales from the international trade show, no increase in sales from the widespread attention CBD has gotten from TV docs and Hemp Bill passage, no Medipets sales at all in 2018. When POTN starts their marketing blitz in 2019 and reports revenues for 4thQ and full year 2018, IMO there will be a surge to $1 in the first quarter.
That is my best case scenario also. If and when DiamondCBD shows acceleration of revenues.