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Agreed, ARCA does not load something to sell for a loss.
Definitely a great loading op down here...CMF is solid showing continued accumulation.
It only came down due to ARCA trying to load up. What better place for the MM to load than at new 52-week lows.
He was apparently too tempted to not at least try. But he does not have much resolve to stick around on the ask when any buying pressure comes.. he is trying to NET load not go naked short afterall!
EDXC
Yes, all of the points made were fact-based and has made it perfectly clear that Todd has had a plan from day 1, as many of us came to figure out when we started DDing EDXC in 2013.
EDXC
ARCA refuses to let anyone else be top bidder. He is hiding behind NITE/CDEL on either side.
Support the bid to make ARCA sad.
EDXC
Alain and Todd have written an exceptional piece here. I was actually impressed how consistent and to-the-important-points it was. TBH, I'm a bit surprised that EDXC was not discussed much at all, only a short note at the end about the company.
That being said, and with history as a guide: EDXC is clearly not a pump. The EDXC business model very intimately reflects the well-supported points and guidelines that are offered in the article... these men are practicing what they teach and you can tell that they truly believe in what they are doing in the company to achieve success.
EDXC
New: Investing in Marijuana MicroCap Stocks
Tuesday, March 10, 2015
By Alain Soutenet and Todd Davis
http://stocknewsnow.com/commentary/ANEWSID09032015100002/Investing-in-Marijuana-MicroCap-Stocks
In the nine months leading up to their peak in March 2014, marijuana stocks rose over 6 fold in value, fueled by the speculative frenzy that followed marijuana’s legalization in Colorado and Washington and the promises of high returns from a nascent industry that is predicted to grow by the most conservative estimates to a $10 billion plus market in the next 4 years and experience an astonishing compounded annual growth rate of 40%.Micro-cap companies, undeterred by the ongoing federal ban on cannabis, hurried into the space to provide growers, processors and dispensaries with the services and technologies necessary to create a legitimate infrastructure and the controls necessary onto which the industry as a whole could be developed. By March 2014, the marijuana index had listed 45 publicly traded companies in the marijuana space that were reaching unprecedented valuations, soaring briefly beyond $6 billion.Nine months later, prices had fallen over 80% and by the end of 2014, the dust was settling as the sector was struggling to find a solid bottom after the much anticipated bounce from the November elections results opening the doors to adult use in Alaska, Oregon and Washington, DC had failed to materialize. The year ended in a gloomy mood for investors in marijuana micro-caps who had poured an estimated $1 billion in investment capital.This unfolding is in many ways reminiscent of the Dot.com bubble when the technology sector experienced a 78% drop in stocks’ valuation between March 2000 and the fall of 2002. Internet technology stocks kept reeling for years to come as investors stayed on the sidelines and avoided the sector altogether.While cannabis stocks did experience a similar boom to bust curve, albeit in a more condensed time frame, it is important to recognize the common forces behind the two bubbles, but also to draw the line and identify how fundamentally different the cannabis industry is from the Internet economy, as seen from the perspective of their disruptive impact and adoption patterns.The premise of Internet technologies was the creation of a new economy that assumed a “paradigm shift” in the way customers purchase goods and services. The adoption pattern turned out to be slow and profit margins so slim that today only a handful of highly capitalized companies that could afford to operate at a loss for years to come have survived and are now firmly in control of the e-commerce space.In contrast, the premise of cannabis entrepreneurs is to legitimize under the umbrella of state-mandated programs, an existing thriving industry that has been operating in the grey and black markets for decades. The size of the marijuana market is not subject to speculation; it has been well researched and documented. And the industry operates, at least for the near term, at very healthy profit margins. In Colorado where the sale of marijuana has been legal for over a year now, an estimated 35 to 40% of transactions are still considered to originate from illegal sources, underscoring the latent market potential.Most micro-cap companies are traded in the largely unregulated OTC Market, inevitably and unfortunately attracting unscrupulous groups and individuals. As early as August 2013, FINRA started issuing warnings about marijuana stock scams and in April 2014, reiterating its warnings of fraudulent activities and pump and dump scams, FINRA and the SEC ordered the suspension of trading on several marijuana companies suspected of accounting irregularities, the issuance of unregistered offerings and the dissemination of inadequate or potentially inaccurate information, triggering a wide spread retreat from investors and the unraveling of the short lived rush of capital into the sector, leaving behind a taste of distrust that has been ever since hard to erase.Investors are questioning the soundness of investing in marijuana stocks in today’s environment and rightly so. On the surface, companies appear to be more fairly valued than they have ever been and we are starting to see well diversified companies who diligently dedicated their resources to develop industry specific solutions to bring compliance and standardization to the industry emerging from the shadows and move from a development stage to sustainable revenue generating models.Concurrently, more companies are going through an audit process to become fully reporting and have their listing status upgraded. Through transparency proper capital can be raised more efficiently through full registration like Reg-A and S-1 filings, attracting accredited and institutional investors.The Federal ban on marijuana is by design preventing public companies from realizing any revenue from the sale of cannabis and cannabis infused products. Consequently, only ancillary businesses that provide supporting technologies and services and are engaged in the supply chain are able to operate as public entities, leaving a large piece of the pie to private enterprises who control the products and realize revenues from direct sales. The future of the cannabis industry is in the hands of voters who are increasingly supporting legalizing medical and adult use of marijuana, keeping them at odds with a federal government that for a variety of reasons, political or not, is reluctant to revisit the classification of marijuana as an illegal substance. Yet the momentum is squarely in favor of the legalization movement and the pendulum is likely to shift towards full legalization once California, Nevada, Arizona and most northeastern states legalize adult use by 2017, unleashing an industry with the potential to generate over $3 billion in tax revenues alone.The financial windfall for states is hard to ignore and will certainly play a role in bridging the divide between state and federal policies. Between January and November 2014, the state of Colorado took in a total of $67.5 million in tax revenues from the sale of medical and recreational marijuana. NerdWallet, a personal finance site, estimates that legalization in California would generate for the state over $519 million per year while New York would take in $248 million.Meanwhile, savvy investors like Peter Thiel, co-founder of Paypal and early Facebook investor, are quietly investing in marijuana enterprises, while funders of Tesla and Uber are taking minority interest in marijuana tracking and compliance software, a reflection of a series of positive signals from Washington: Congress last fall instructed the Department of Justice to refrain from interfering with states mandated marijuana programs, the first marijuana credit union is expected to open soon in Denver, more banks are opening their doors to marijuana businesses and the SEC is now allowing the registration of shares for companies whose activities are directly linked with and serving the cannabis industry.Investors in micro-caps will have to be very selective. The best way to mitigate risks when investing in marijuana stocks is to pick companies that are transparent, have built portfolios of tangible assets, are well funded and run by seasoned professionals who have the track record to deliver and execute on their plans and generate significant sustainable revenues. Once solid foundations are established, those companies will dominate the market and ride the wave of legalization when it eventually takes hold. Strong initiatives for full legalization in states like CA will be the key driver for eventual adoption at a national scale. In 2015 these initiatives will become the primary catalyst in the next political cycle. 2015 is the year to establish a long term and sustainable view on the marijuana industry. Identify winners and start building a portfolio in this nascent American opportunity.Editor's Note: Endexx:Endexx is a “Collaboration Corporation” that develops through its subsidiaries cost effective technology solutions for the legal marijuana industry, Endexx’s diversified offerings include an easy to use Seed to Sale inventory tracking and process management system for growers, processors, dispensaries, medical patients and users, a high tech commercial grade inventory control dispensing system, a line of superior cannabidiol infused edibles and a pioneering New Jersey consulting firm. Endexx is publicly traded under the symbol EDXC.Todd Davis Bio: Education: Northern Arizona University Bachelor of Science - Administrative Communications. CEO Endexx Corporation 1993-PresentInvestment Banker/Stock Broker 1990-2000CEO/Consultant for multiple Small Cap companies 2000-PresentDeveloper/ Analyst Pro17 market and stock forecast model 2008-PresentAs a Broker, Consultant and CEO Todd has participated in and managed/structured over 100 IPO’s, private placements and convertible debentures raising in excess of 100 million in the Small and Micro Cap arena over the last 22 years.Alain Soutenet Bio:Education: Nantes Law University, France, 1970-1974Government Contractor, Embassy, South Africa, 1995-1997Business Development Director, construction management software, 1998-2002Real Estate Developer, renewable energy consultant, 2003-2009President Global Solaris Group, renewable energy developer, 2010-PresentGeneral Manager, Endexx Corporation, 2013 to PresentStrategy driven, experienced entrepreneur with over 30 years of management positions in multiple fields of industry for governments, corporations and private investment groups.
New: Investing in Marijuana MicroCap Stocks
Tuesday, March 10, 2015
By Alain Soutenet and Todd Davis
http://stocknewsnow.com/commentary/ANEWSID09032015100002/Investing-in-Marijuana-MicroCap-Stocks
In the nine months leading up to their peak in March 2014, marijuana stocks rose over 6 fold in value, fueled by the speculative frenzy that followed marijuana’s legalization in Colorado and Washington and the promises of high returns from a nascent industry that is predicted to grow by the most conservative estimates to a $10 billion plus market in the next 4 years and experience an astonishing compounded annual growth rate of 40%.Micro-cap companies, undeterred by the ongoing federal ban on cannabis, hurried into the space to provide growers, processors and dispensaries with the services and technologies necessary to create a legitimate infrastructure and the controls necessary onto which the industry as a whole could be developed. By March 2014, the marijuana index had listed 45 publicly traded companies in the marijuana space that were reaching unprecedented valuations, soaring briefly beyond $6 billion.Nine months later, prices had fallen over 80% and by the end of 2014, the dust was settling as the sector was struggling to find a solid bottom after the much anticipated bounce from the November elections results opening the doors to adult use in Alaska, Oregon and Washington, DC had failed to materialize. The year ended in a gloomy mood for investors in marijuana micro-caps who had poured an estimated $1 billion in investment capital.This unfolding is in many ways reminiscent of the Dot.com bubble when the technology sector experienced a 78% drop in stocks’ valuation between March 2000 and the fall of 2002. Internet technology stocks kept reeling for years to come as investors stayed on the sidelines and avoided the sector altogether.While cannabis stocks did experience a similar boom to bust curve, albeit in a more condensed time frame, it is important to recognize the common forces behind the two bubbles, but also to draw the line and identify how fundamentally different the cannabis industry is from the Internet economy, as seen from the perspective of their disruptive impact and adoption patterns.The premise of Internet technologies was the creation of a new economy that assumed a “paradigm shift” in the way customers purchase goods and services. The adoption pattern turned out to be slow and profit margins so slim that today only a handful of highly capitalized companies that could afford to operate at a loss for years to come have survived and are now firmly in control of the e-commerce space.In contrast, the premise of cannabis entrepreneurs is to legitimize under the umbrella of state-mandated programs, an existing thriving industry that has been operating in the grey and black markets for decades. The size of the marijuana market is not subject to speculation; it has been well researched and documented. And the industry operates, at least for the near term, at very healthy profit margins. In Colorado where the sale of marijuana has been legal for over a year now, an estimated 35 to 40% of transactions are still considered to originate from illegal sources, underscoring the latent market potential.Most micro-cap companies are traded in the largely unregulated OTC Market, inevitably and unfortunately attracting unscrupulous groups and individuals. As early as August 2013, FINRA started issuing warnings about marijuana stock scams and in April 2014, reiterating its warnings of fraudulent activities and pump and dump scams, FINRA and the SEC ordered the suspension of trading on several marijuana companies suspected of accounting irregularities, the issuance of unregistered offerings and the dissemination of inadequate or potentially inaccurate information, triggering a wide spread retreat from investors and the unraveling of the short lived rush of capital into the sector, leaving behind a taste of distrust that has been ever since hard to erase.Investors are questioning the soundness of investing in marijuana stocks in today’s environment and rightly so. On the surface, companies appear to be more fairly valued than they have ever been and we are starting to see well diversified companies who diligently dedicated their resources to develop industry specific solutions to bring compliance and standardization to the industry emerging from the shadows and move from a development stage to sustainable revenue generating models.Concurrently, more companies are going through an audit process to become fully reporting and have their listing status upgraded. Through transparency proper capital can be raised more efficiently through full registration like Reg-A and S-1 filings, attracting accredited and institutional investors.The Federal ban on marijuana is by design preventing public companies from realizing any revenue from the sale of cannabis and cannabis infused products. Consequently, only ancillary businesses that provide supporting technologies and services and are engaged in the supply chain are able to operate as public entities, leaving a large piece of the pie to private enterprises who control the products and realize revenues from direct sales. The future of the cannabis industry is in the hands of voters who are increasingly supporting legalizing medical and adult use of marijuana, keeping them at odds with a federal government that for a variety of reasons, political or not, is reluctant to revisit the classification of marijuana as an illegal substance. Yet the momentum is squarely in favor of the legalization movement and the pendulum is likely to shift towards full legalization once California, Nevada, Arizona and most northeastern states legalize adult use by 2017, unleashing an industry with the potential to generate over $3 billion in tax revenues alone.The financial windfall for states is hard to ignore and will certainly play a role in bridging the divide between state and federal policies. Between January and November 2014, the state of Colorado took in a total of $67.5 million in tax revenues from the sale of medical and recreational marijuana. NerdWallet, a personal finance site, estimates that legalization in California would generate for the state over $519 million per year while New York would take in $248 million.Meanwhile, savvy investors like Peter Thiel, co-founder of Paypal and early Facebook investor, are quietly investing in marijuana enterprises, while funders of Tesla and Uber are taking minority interest in marijuana tracking and compliance software, a reflection of a series of positive signals from Washington: Congress last fall instructed the Department of Justice to refrain from interfering with states mandated marijuana programs, the first marijuana credit union is expected to open soon in Denver, more banks are opening their doors to marijuana businesses and the SEC is now allowing the registration of shares for companies whose activities are directly linked with and serving the cannabis industry.Investors in micro-caps will have to be very selective. The best way to mitigate risks when investing in marijuana stocks is to pick companies that are transparent, have built portfolios of tangible assets, are well funded and run by seasoned professionals who have the track record to deliver and execute on their plans and generate significant sustainable revenues. Once solid foundations are established, those companies will dominate the market and ride the wave of legalization when it eventually takes hold. Strong initiatives for full legalization in states like CA will be the key driver for eventual adoption at a national scale. In 2015 these initiatives will become the primary catalyst in the next political cycle. 2015 is the year to establish a long term and sustainable view on the marijuana industry. Identify winners and start building a portfolio in this nascent American opportunity.Editor's Note: Endexx:Endexx is a “Collaboration Corporation” that develops through its subsidiaries cost effective technology solutions for the legal marijuana industry, Endexx’s diversified offerings include an easy to use Seed to Sale inventory tracking and process management system for growers, processors, dispensaries, medical patients and users, a high tech commercial grade inventory control dispensing system, a line of superior cannabidiol infused edibles and a pioneering New Jersey consulting firm. Endexx is publicly traded under the symbol EDXC.Todd Davis Bio: Education: Northern Arizona University Bachelor of Science - Administrative Communications. CEO Endexx Corporation 1993-PresentInvestment Banker/Stock Broker 1990-2000CEO/Consultant for multiple Small Cap companies 2000-PresentDeveloper/ Analyst Pro17 market and stock forecast model 2008-PresentAs a Broker, Consultant and CEO Todd has participated in and managed/structured over 100 IPO’s, private placements and convertible debentures raising in excess of 100 million in the Small and Micro Cap arena over the last 22 years.Alain Soutenet Bio:Education: Nantes Law University, France, 1970-1974Government Contractor, Embassy, South Africa, 1995-1997Business Development Director, construction management software, 1998-2002Real Estate Developer, renewable energy consultant, 2003-2009President Global Solaris Group, renewable energy developer, 2010-PresentGeneral Manager, Endexx Corporation, 2013 to PresentStrategy driven, experienced entrepreneur with over 30 years of management positions in multiple fields of industry for governments, corporations and private investment groups.
New: Investing in Marijuana MicroCap Stocks
Tuesday, March 10, 2015
By Alain Soutenet and Todd Davis
http://stocknewsnow.com/commentary/ANEWSID09032015100002/Investing-in-Marijuana-MicroCap-Stocks
In the nine months leading up to their peak in March 2014, marijuana stocks rose over 6 fold in value, fueled by the speculative frenzy that followed marijuana’s legalization in Colorado and Washington and the promises of high returns from a nascent industry that is predicted to grow by the most conservative estimates to a $10 billion plus market in the next 4 years and experience an astonishing compounded annual growth rate of 40%.Micro-cap companies, undeterred by the ongoing federal ban on cannabis, hurried into the space to provide growers, processors and dispensaries with the services and technologies necessary to create a legitimate infrastructure and the controls necessary onto which the industry as a whole could be developed. By March 2014, the marijuana index had listed 45 publicly traded companies in the marijuana space that were reaching unprecedented valuations, soaring briefly beyond $6 billion.Nine months later, prices had fallen over 80% and by the end of 2014, the dust was settling as the sector was struggling to find a solid bottom after the much anticipated bounce from the November elections results opening the doors to adult use in Alaska, Oregon and Washington, DC had failed to materialize. The year ended in a gloomy mood for investors in marijuana micro-caps who had poured an estimated $1 billion in investment capital.This unfolding is in many ways reminiscent of the Dot.com bubble when the technology sector experienced a 78% drop in stocks’ valuation between March 2000 and the fall of 2002. Internet technology stocks kept reeling for years to come as investors stayed on the sidelines and avoided the sector altogether.While cannabis stocks did experience a similar boom to bust curve, albeit in a more condensed time frame, it is important to recognize the common forces behind the two bubbles, but also to draw the line and identify how fundamentally different the cannabis industry is from the Internet economy, as seen from the perspective of their disruptive impact and adoption patterns.The premise of Internet technologies was the creation of a new economy that assumed a “paradigm shift” in the way customers purchase goods and services. The adoption pattern turned out to be slow and profit margins so slim that today only a handful of highly capitalized companies that could afford to operate at a loss for years to come have survived and are now firmly in control of the e-commerce space.In contrast, the premise of cannabis entrepreneurs is to legitimize under the umbrella of state-mandated programs, an existing thriving industry that has been operating in the grey and black markets for decades. The size of the marijuana market is not subject to speculation; it has been well researched and documented. And the industry operates, at least for the near term, at very healthy profit margins. In Colorado where the sale of marijuana has been legal for over a year now, an estimated 35 to 40% of transactions are still considered to originate from illegal sources, underscoring the latent market potential.Most micro-cap companies are traded in the largely unregulated OTC Market, inevitably and unfortunately attracting unscrupulous groups and individuals. As early as August 2013, FINRA started issuing warnings about marijuana stock scams and in April 2014, reiterating its warnings of fraudulent activities and pump and dump scams, FINRA and the SEC ordered the suspension of trading on several marijuana companies suspected of accounting irregularities, the issuance of unregistered offerings and the dissemination of inadequate or potentially inaccurate information, triggering a wide spread retreat from investors and the unraveling of the short lived rush of capital into the sector, leaving behind a taste of distrust that has been ever since hard to erase.Investors are questioning the soundness of investing in marijuana stocks in today’s environment and rightly so. On the surface, companies appear to be more fairly valued than they have ever been and we are starting to see well diversified companies who diligently dedicated their resources to develop industry specific solutions to bring compliance and standardization to the industry emerging from the shadows and move from a development stage to sustainable revenue generating models.Concurrently, more companies are going through an audit process to become fully reporting and have their listing status upgraded. Through transparency proper capital can be raised more efficiently through full registration like Reg-A and S-1 filings, attracting accredited and institutional investors.The Federal ban on marijuana is by design preventing public companies from realizing any revenue from the sale of cannabis and cannabis infused products. Consequently, only ancillary businesses that provide supporting technologies and services and are engaged in the supply chain are able to operate as public entities, leaving a large piece of the pie to private enterprises who control the products and realize revenues from direct sales. The future of the cannabis industry is in the hands of voters who are increasingly supporting legalizing medical and adult use of marijuana, keeping them at odds with a federal government that for a variety of reasons, political or not, is reluctant to revisit the classification of marijuana as an illegal substance. Yet the momentum is squarely in favor of the legalization movement and the pendulum is likely to shift towards full legalization once California, Nevada, Arizona and most northeastern states legalize adult use by 2017, unleashing an industry with the potential to generate over $3 billion in tax revenues alone.The financial windfall for states is hard to ignore and will certainly play a role in bridging the divide between state and federal policies. Between January and November 2014, the state of Colorado took in a total of $67.5 million in tax revenues from the sale of medical and recreational marijuana. NerdWallet, a personal finance site, estimates that legalization in California would generate for the state over $519 million per year while New York would take in $248 million.Meanwhile, savvy investors like Peter Thiel, co-founder of Paypal and early Facebook investor, are quietly investing in marijuana enterprises, while funders of Tesla and Uber are taking minority interest in marijuana tracking and compliance software, a reflection of a series of positive signals from Washington: Congress last fall instructed the Department of Justice to refrain from interfering with states mandated marijuana programs, the first marijuana credit union is expected to open soon in Denver, more banks are opening their doors to marijuana businesses and the SEC is now allowing the registration of shares for companies whose activities are directly linked with and serving the cannabis industry.Investors in micro-caps will have to be very selective. The best way to mitigate risks when investing in marijuana stocks is to pick companies that are transparent, have built portfolios of tangible assets, are well funded and run by seasoned professionals who have the track record to deliver and execute on their plans and generate significant sustainable revenues. Once solid foundations are established, those companies will dominate the market and ride the wave of legalization when it eventually takes hold. Strong initiatives for full legalization in states like CA will be the key driver for eventual adoption at a national scale. In 2015 these initiatives will become the primary catalyst in the next political cycle. 2015 is the year to establish a long term and sustainable view on the marijuana industry. Identify winners and start building a portfolio in this nascent American opportunity.Editor's Note: Endexx:Endexx is a “Collaboration Corporation” that develops through its subsidiaries cost effective technology solutions for the legal marijuana industry, Endexx’s diversified offerings include an easy to use Seed to Sale inventory tracking and process management system for growers, processors, dispensaries, medical patients and users, a high tech commercial grade inventory control dispensing system, a line of superior cannabidiol infused edibles and a pioneering New Jersey consulting firm. Endexx is publicly traded under the symbol EDXC.Todd Davis Bio: Education: Northern Arizona University Bachelor of Science - Administrative Communications. CEO Endexx Corporation 1993-PresentInvestment Banker/Stock Broker 1990-2000CEO/Consultant for multiple Small Cap companies 2000-PresentDeveloper/ Analyst Pro17 market and stock forecast model 2008-PresentAs a Broker, Consultant and CEO Todd has participated in and managed/structured over 100 IPO’s, private placements and convertible debentures raising in excess of 100 million in the Small and Micro Cap arena over the last 22 years.Alain Soutenet Bio:Education: Nantes Law University, France, 1970-1974Government Contractor, Embassy, South Africa, 1995-1997Business Development Director, construction management software, 1998-2002Real Estate Developer, renewable energy consultant, 2003-2009President Global Solaris Group, renewable energy developer, 2010-PresentGeneral Manager, Endexx Corporation, 2013 to PresentStrategy driven, experienced entrepreneur with over 30 years of management positions in multiple fields of industry for governments, corporations and private investment groups.
L2 confirms my suspicions yesterday.
CDEL (on ask yesterday) = ARCA, our resident wolf in sheep's clothing who is trying to load
ARCA now bidding after trying to shake yesterday. Notice the size he is showing on the bid is identical to the size CDEL was asking yesterday.
I'd bet NITE is truly ARCA at 0.0275 -- trying to set a tone pre-market with a gap down... his game is not working out for him at all
EDXC
This undisclosed buyer at 0.028 after the disappearance of CDEL (ARCA being a wolf in sheep's clothing) smells pungent of naked-short covering.
EDXC
Yeah man, I know that you don't intend it but that is a major understatement!
I'm sure if I hear you say it (rather than seeing you type it - exclamation point or not!), it'd be more fitting :-p
Way oversold down here!
Precisely on point. Anyone who missed that webinar should check the stickies for information.
I really shouldn't be posting my honest take on EDXC right now (since I desperately want to buy more) but to me: this is a simple shake attempt as there are only 2 entities who can sell here and still be happy about it:
1) Todd - which he is surely not, he clearly knows things are only heating up NOW and prior to this period (at much higher prices) he was not selling
2) A short MM who is hoping to cover before the obvious run coming later this month
EDXC
9 times out of 10, where I have seen acquisitions take place, I have also seen management over-optimistically misjudge the necessary time-frame for such work to be accomplished.
Therefore, the fact that it is taking this management longer is far from a surprise and actually may add some credibility to the question of its legitimacy. Fake events always happen on schedule which is not the case here.
why aren't you concerned that there will be no acquisition given the silence from IR of late?
And if there is no acquisition are you still happy?
Very savvy. I think we are close now. I know it is easy to criticize this feeling... but I am patient enough to find out if this time is truly different.
GCEI
Thank you, sickpuppy. Good post, I appreciate it.
GLTA
OK ill take a swing at this one also. Once again please take a look at my post here so as to understand the gravity of my statement i am a royal pain in the ass to most longs on this board and have far more post deleted then posted because i post what i believe to be true even when others disagree. As stated in my last post that the zazzz machine is a game changer once implemented in the mainstream market as mentioned in my last post and that is only in its current configuration with its age verification at the forefront in these other market. Now begin to think of zazzz without that feather and add point of sales advertising to zazz and you open up and even larger market. The information about the products that you're viewing inside of at the push of a button is invaluable. The information alone on how many people took the time to view your advertisement or just chose the competitors without viewing your add or viewed both and chose the competitors product well you get the point. Now take zazzz out of its case and put it at the counter to document all sales and taxes accurately for the agency overseeing such sales. Hell i can even foresee a day when zazzz is on the dashboard of your car if you lose your keys anyone can take your car but if you have zazzz protecting you only those in the system can state the car. So i guess it comes down to a simple cochise are you investing in the potential that is laid out before or are investing in the fundamentals only. I do believe that many now successful companies have found themselves there toes over the cliff in a make or breaket scenario the question you must ask yourself is dose potential outweighs the risk as large as it is to bye. I for one am becoming a believer. I believe that address your question.
Thank you carl, +1 -- glad to have someone appreciate it because I am getting a ton of heat
Will check this one out!
This is the type of attitude toward this stock that raises red flags. Along for the ride no matter what. I hope you like the color red, you better learn to love it.
The question is not: "are erbb's portfolio holdings worth anything?" --surely they are worth something.
The real question is: "Does ERBB have way too many liabilities (toxic debt and dilution) now and in the foreseeable future for their market cap to be worth over $40M?" -- Considering that the company is (barely) "operating" at a mega-loss, this question has a simple answer. Extrapolating from the simple answer, someone who objectively considers the implications would rightly conclude that their investment will vanish here.
Which part of "debenture holders are converting for 0.00055/share and selling them to you at 0.01+" are you not understanding?
This alone is going to wipe you out if you expect to hold this long - which you must because the foreseeable future is very nasty looking here.
WE shall see how that works out for you.
Current OS is around 4.3B, still got over 5B dilution to go, that is only from debts issued to fund the third quarter, lol.
Which part of "debenture holders are converting for 0.00055/share and selling them to you at 0.01+" are you not understanding?
Despite the fact that I actually appreciate the negative (albeit fact-deprived) negative posts on the other board, since they are allowing me to load up on the cheap in the legitimate version of ERBB, I got fed up with the arrogance of the ERBB-longs posting there and have now decided that I am going to put them in their place (and anyone else like them).
By all means, bash the other board all you want - you will only help me get the shares I want cheaply. However, there is no bullish rationale for ERBB and I am going to expose it.
I'm here more on principle now, more than anything.
Would love to hear someone attempt justify the current market cap.
Still not a single, fact-based argument to make me invest in ERBB
Very clear red flag.
You clearly don't understand basic financials.
I'd much rather begin the revenue phase with only $6K revenue and 150K loss than 240K revenue and over 2M loss. After than sinks in, compare the amount of dilution that was required to get each of these companies out of their development phases.
It is so basic that is is sad this doesn't sink in. Financials 101 - learn them.
That's great but pro-marijuana momentum in society (whether beneficial for consumer or the state) are insufficient to base an investment decision on.
Your failure to understand the importance of financials as the ultimate indicator of investment-potential speaks volumes.
Not novices people that have lived it smoked it know it been around it for years watching all the people that are selling it get rich. Now its their chance to be a part of.it. Its a movement and erbb is carrying the torch. People may not understand stocks and charts but they do understand a product that cures peoples and is used for recreation will be the biggest thing this planet has ever seen. REMEMBER a while back when all the states were shuting down because no money well just take a look at Colorados tax dollars this year thet received so much money their gonna have to give some back to the people. Just how long do you think before all the states catch on
All you are doing is further proving my point. lol, it is funnier than anything else. pathetic really.
A single, logical argument for the current market cap, I'll even give out a "pass" on the rampant dilution here, and I will leave permanently. You cannot produce one.
The fact remains that I have had at least 10 super-bulls respond to my posts today and not ONE of them can produce a single, rational argument.
FYI: Personal attacks are not a defense for your investment.
I sugguest a new career.
Produce an argument (just one!?) in favor of bullish sentiment that provides rationale for the current, preposterously-inflated market cap instead of attempting to insult the only person who is discussing facts here.
I am starting to feel like I am the only person who actually has read the filings... or at least, the only person who can properly read a filing.
There will almost certainly be more share issuances by ERBB's competitor (EDXC) in order to finance the production of more machines.
The caveat (as compared with ERBB) is that EDXC has only issued shares at the current market value and will certainly not require anywhere near as much dilution of shareholder value as a result. This esssentially means a much higher Earnings-per-share, something that ERBB will not accomplish anytime soon - given the fact that operating expenses ECLIPSE the total revenue (and oh boy, does it eclipse the "profit") of the business.
As for Endexx (comparably), the company has built its foundation with very limited dilution and non-existent toxic debt. Revenues are going to grow fast with the consulting business pulling in over $100K and the additional benefits of cbdunlimited.com going live later this month, combined with the fact that Colorado MED will be approving of the Autospense machine and the m3Hub software as a viable, high-level, government-approved compliance system (the likes of which are entirely lacking in ERBB's business model and offerings), should easily produce higher share prices and therefore - when financing inevitably is done - the end-result will be very encouraging for anyone who is in the stock or watching it from the sidelines.
Yes, my pleasure, glad there is at least one person here who can hear the voice of reason.
Clay, I am a bit surprised that you would promote something like this. If it's strictly technical - and due to high demand by your followers - then fine but still... maybe you should educate them a bit.
Based on what? Pumping? That is literally the only bullish thing I have seen here.
Erbb! will be the company you will be chasing in the near future.
Yes, right after you finally answer my plea for your bullish arguments to support this market cap in the face of further, endless dilution going forward.
The company you support is trading .02 higher with a lot less shares. Can you explain that?
This is not true and you know it. Also, the sector may never get a repeat of what happened last year.
Knuckles42 Member Level Saturday, 03/07/15 05:55:10 PM
Have you even paid attention at all? We hit .11 last year with the same structure and it's happening again!!!