Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There is still POWER HOUR.
And the mentality driving that will be FOMO, fear of missing out.
If you have any doubts about how fast POTN share price will go up 50%- or more- in one day take a look at our sister company RSHN today. IMO good revenue numbers for October, Nov, or Q4 can double POTN in one day at these sale prices. There is no toxic debt, but with big revenue numbers the small debt number will be irrelevant.
There are SO many more positives now in comparison to December a year ago. Revenues are higher and a sure thing, uplisting will be announced any day, CBD is becoming very mainstream and will be available in all states in 2019 in stores, kiosks, even vending machines. Clinical trials have now shown that CBD is not addictive (although the DEA may never reschedule it, they are snails on this), research has shown that CBD kills appetite by lowering CB1 receptor activity- may be a great obesity drug , increases serotonin receptor activity- may be a great anti-depressant anti-anxiety drug, clinical trials underway. This is all the tip of the iceberg and DiamondCBD is out in front of retail sales. Too bad we have extreme uncertainty roiling the markets right now.
Claytrader means daytrader interest is coming back, and they may be piling back in and driving share price back up (like last Dec-Feb). Interesting that the timing coincides with more attention in the press.
I own both. IMO POTN has the potential to hit dollars in the next 6 months (assuming uplist and increasing revs) and CGC to hit $100 in a year. Unfortunately political uncertainty and tariffs wars add high volatility and uncertainty to any predictions.
Things are going very well for DiamondCBD and they are one of the top retailers that stands to benefit the most from Farm Bill passage. IMO this is tax loss selling, but those selling here will be very sorry when this goes back up to dollar levels with 4th Q revenues and uplist.
CBD retail stocks will benefit first from Farm Bill passage. DiamondCBD is very well positioned and increasing their retail footprint. However, their milestones always take longer than predicted to achieve- uplist, debt resolution, uptick in revenues. The market and specifically this sector are looking so ugly these days, it might not help to release news until Farm Bill is passed. That said, I expect the shareprice to ignite in the months after the Farm Bill announcement.
I had to pick up another 10,000 under 13, bargain price- merry Christmas to me. It will be worth $10,000 within months when the shareprice hits $1 IMO.
This journal has an impact factor below 2, which is below what most valid scientists would be willing to publish in. My biggest problem with the paper is that I don't see any concentrations given for the compounds detected, and the levels could be irrelevant to a real effect on health.
News is due any day regarding uplist and revenue update. Patience will be rewarded. Hemp Bill will be passed next week- hopefully.
Strap on your seat belts, pot stocks up 5% premarket due to passage of Farm Bill. I hope DiamondCBD has massively increased inventories for rapid expansion into stores and malls across America.
And trading volume was 30 million a day when POTN flew up to .95- coming soon again IMO.
"Hemp bill allows companies with an existing retail footprint to go everywhere right now" Tim Seymour on CNBC Friday plugging hemp companies. POTN has a rapidly expanding retail footprint.
And look at the daily trading VOLUME of POTN! So much higher than all other CBD penny stocks. When news hits, this thing will FLY- many eyeballs watching and waiting.
I see no evidence of this "toxic debt" and diluting of "millions and millions and millions" of shares. POTN management comes through eventually on all of their public milestones- eventually.
Xanax is VERY addicting and has other harmful side effects. No comparison to CBD in my opinion based on personal experience with my friends and relatives who take a relax gummy or two for sleep and anxiety and are fully functional the next day. Test results will show no addictive potential for CBD In my opinion.
The time is now for all of those orders at trade shows to show up on the bottom line. We know the products are high quality and repeat orders will expand revs short term, over 2019, as new product lines get traction. That said, longer term it will be a challenge for any company to stay ahead of the multitude of new competitors coming on to the CBD market, and only CEOs with vision will win. Hagen will surely be tested by patent wars also.
IMO these issues will be resolved and risk will be diminished by expanding revenues- but this is definitely a current risk until the company announces a resolution.
2019 first half will be POTN big year. FRLF maybe second half when they start reporting bigger revenues to start paying off debts.
Amazon is the middle man- and it worked out pretty well for them. A middle man like POTN can make a boatload of money if they get in front of the HUGE CBD product market. I am hopeful that we will see a perfect storm soon comprised of Hemp Bill passage, surge in overall US market sentiment due to the US CHina trade deal talks announced today, uptick in POTN revenues (this is most crucial), and all of the other factors that should happen in Dec, uplist, debt resolution, share retirement.
The entire MJ sector has been hit incredibly hard in the last month due to market uncertainty.
They have announced in past PRs that they are eliminating debt, so we know they are working on it. In my experience with innovation and entrepreneurship boards (also worked for a startup pharma for 6 yrs entirely funded on VC), early stage investor-stockholders stand to benefit the MOST from high share price. So why on earth would they sell a bunch of shares cheap in the early stages and kill a company with huge potential??? And severely lower the value of their own shares?
Half of the shares have been retired, I expect the rest is underway. IMO there is only upside going forward since their CBD products are lab tested for purity(lab results shown online for each product), very reasonable prices for high quality products, shares are very undervalued relative to revenues and are back to 2017 levels. Big positive news will be released in the next few months, it's overdue.
Management has openly laid out a marketing strategy to ride the upcoming wave of CBD product sales for many widespread conditions with their premium products. We should begin to see the effects of this carefully executed strategy in this quarter IMO. Once they beat competition and get customers, those customers will keep coming back. If they get rid of debt this year or by the January court date as stated, there is huge upside potential here in the next few months.
Now that would be nice, back to the power hour days like last February. I suspect we will see that as soon as Oct revs, uplisting and share retirement announced by the end of Dec. The perfect storm is setting up for POTN.
I own both FRLF and POTN. FRLF is hoping to make one tenth of POTN quarterly revenues, $0.6 million, in the first quarter of 2019. IMO POTN will be in the dollars within 6 months. FRLF is a much longer term play and therefore riskier. If I am wrong, please educate me.
Absolutely agree. We should see the results of the governmental clinical trial for addictive potential of CBD soon, I expect zero. This will rapidly become a no side effect potent treatment for anxiety, insomnia, pain, universal conditions.
Any little storefront can sell a small amount in its neighborhood. DiamondCBD is marketing and selling nationally and internationally, and is becoming known as the best product across the country- the Amazon of CBD with the biggest selection and highest quality. You need to think MUCH bigger.
You are SO right! And you don't lose money unless you sell when the shareprice is down, so it would be foolish to sell now.
Charles Vaccaro is saying that he is BUYING today on the POTN FB, directly disputing the false posting here about toxic debt.
Dr Richard Goulding's new role is in line with his expertise, in case you have seen false information that he is not working with POTN any more.
Former CEO, Dr. Richard Goulding, assumes the new role of Chief Medical Officer, spearheading new product development and clinical testing of new proprietary products. Dr. Goulding will devote his time solely to this role, terminating any involvement with other entrepreneurial initiatives and affiliations, private or public, in the CBD industry. Dr. Goulding will focus on product development, in an effort to expand and enhance the Company’s offerings.
Kevin Hagen, new CEO, stated, “We want to thank Dr. Goulding for meeting the considerable demands in the past of being both our CEO, and Chairman of our medical advisory board. We are certain that as Chief Medical Officer, he will assist us in navigating the complexities we face with our new hemp-derived CBD product initiatives, as he works with our other advisory doctors, scientists and specialist legal counsel.”
Please beware false statements made on this board and do your DD here:
https://www.potnetworkholding.com/media/press
They sell synthetic CBD
"The Farm bill is now a top priority for Congress to pass before the end of the year, and if it becomes law we might see CBD on the shelves of every drug store in America. "
And guess who will be the first to have those products on the shelves of every store in America?
And they like to post big news on Thursdays. Tomorrow?
The debt is small, not toxic, and will be resolved (most probably) to zero by summary judgement before the end of January. The debt is miniscule relative to the revenues. Patience will be rewarded.
BREAKING: Farm Bill agreement reached:
They are just waiting on the final CBO score before moving forward.
It's all over Twitter:
From reporter Bryan Lowry:
.@PatRoberts tells reporters that the principal negotiatiors have reached a tentative agreement on #FarmBill including on #SNAP. But won’t discuss details until they get CBO score.
Link:
.@PatRoberts tells reporters that the principal negotiatiors have reached a tentative agreement on #FarmBill including on #SNAP. But won’t discuss details until they get CBO score.
— Bryan Lowry (@BryanLowry3) November 28, 2018
I have many friends and relatives who take DiamondCBD gummies for anxiety and insomnia- no side effects or grogginess.
Charles Vacarro is a very early stage investor who has been given preferred shares for payment of debt. He has claimed, also on fb, that preferred shares are locked up and not being sold on open market in large blocks. POTN sold 25 million shares on the open market last Feb. It's not clear to me that they have sold any since, but I wonder who sold a 450,000 block yesterday. It's possible that it is year end selling by buyers at .75 to .95 for tax purposes.
Anybody have an idea about when revenues from all of the large orders from the Las Vegas convention mentioned at the end of July will show up in monthly earnings? I had expected a bump up by September.
Meant to reply to Nfreed in last post.