Everything I post is IMO
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As various claims are approved by the different regulatory bodies, the Company will commence selling and marketing its products throughout the world under the approved claims. The initial strategy will be to sell a pre-formulated capsule to various finished product manufacturers for their private label applications. We anticipate entering the market with product by the end of calendar 2018 or the first quarter of 2019.
https://backend.otcmarkets.com/otcapi/company/financial-report/190700/content
Item XVI. – Management’s Discussion and Analysis or Plan of Operation.
A. Plan of Operation
Over the coming fiscal year, the company will employ an aggressive strategy for implementing its business plan. The initial focus is on obtaining a license from the South African Government to permit the legal cultivation and processing of cannabis in order to develop and test a pharmaceutical grade, nonpsychoactive extract. Once the license in obtained, the Company intends to establish a controlled environment cultivation and extraction facility in the Eastern Cape of South Africa, followed by a series of
clinical trials to ascertain the overall effectiveness of the product in various health and wellness applications.
https://backend.otcmarkets.com/otcapi/company/financial-report/190700/content
D. Disclosure of Related Party Transactions.
During the year ended December 31, 2017, Plandaí Biotechnology assumed payment obligations, including the accrued salary of the company’s Chief Executive Officer, on behalf of the Company totaling $147,600."
https://backend.otcmarkets.com/otcapi/company/financial-report/190700/content
Anyone catch this? CEO pay obligations done by PLP# on behalf of TXTM shareholders... Looks like management is done giving away from shares of $TXTM... Something big coming IMO!
Was that your old job? How do you know so much?
Wow... I must have been sleeping at the wheel... Feel like a maroon now! Thanks for correcting me!
"Africa is second only to the Americas in terms of production and consumption of marijuana, according to the United Nations' 2017 World Drug Report."
Africa is a bigger potential market than Canada.. Who knew? $$$
Love these posts. You are trying hard to accumulate more here? Lots of bidders at .0008. Surprised we don't have people more willing to share all the hesitations, and lols. This is a clear accumulation zone, and people want in. As a holder here of over xx million shares and counting. I mentioned months ago to load up to .0025 and that is EXACTLY what I am going to do! Keep this price below there and I accumulate a couple hundred bucks a week. Easy as that. Not worried about the 1 hr charts, and all the people here for "entertainment reasons." lol. The trend is a multi year trend. And if you know what is at stake you are accumulating and building a great portfolio.
Marijuana will be overproduced before long (akin to solar production wen the industry ramped up production) driving the price of recreational down. Where companies in the future will need to separate themselves are how / what they produce/distribute. $TXTM could potentially have a game changing CBD extraction technology that could propel them to the forefront in CBD medicine. (cold pressed THC is not activated within the medicine = game changer.)
Look at the dilution numbers from the annual. During the last year we went from 2 to 4 billion shares as they ramped up efforts to get the licence, ect. The price moved from a base of .0004-.0005 to a new base of .0007-.0010 during this accumulation phase. What that means is the company doubled the amount of shares, while nearly doubling its PPS!! Over 2 billion shares have been accumulated by $TXTM longs in the past year.
Wait until the surge comes with the inevitable rush of momentum that will come once the licence inspection date for TXTMs production facility are announced.
Will it be $TXTM being the first licensed producers out of SA? Will it be the patented cold press live leaf Phytofare technology that changes the game here? I don't know.. But what I do know is speculation has yet to ramp up here to a pace that meets market expectations IMO.
Going to be a great few months ahead IMO.
When I first found out about bitcoin it was a couple dollars a piece. My brother bought a pc with over 200 bitcoins... You know what people said then... Bitcoin at $100?? YEAH RIGHT!!... Then you know what they said.. Bitcoin at $1000?? LOL.. you all are in a ponzi scheme.... Then... bitcoin at $20k.... Well... you get the idea.
We like to spot trends early...
I combed over the report and mentioned yesterday or the day before a line that looked in error to me. They stated the share count reduced over a 9 month period. I believe they added some numbers in wrong because in March 2017 it was like 4+ and at year end they reported a number under 4... I dunno. To lazy to go back again. But it's in the year report. IMO that may be what the additional information was regarding.
"TXTM continues to pursue #Cannabis license from SA Gov't, through its wholly owned subsidiary biz.More to come shortly."
That line from twitter makes me want to speculate we will hear about the license inspection date very soon. :)
If the CBD oil is extracted with similar results via the studies on tea leaf oils... What happens is you combine patented CBD technology and South Africa with what now are some of the most favorable export laws in the world. And you have is a pharmaceutical powerhouse with multi billion dollar upside in a global market.
If nothing else... We see that the firm PLP# hired has been very active updating and communicating where the company has been, and where it is going. Telling us of the activity in South Africa which is $TXTM. The amount of communication has picked up and the content laid out makes sense.
I like where this is all going. Patience will be needed on our side, and execution will be needed from management. Once the license comes... The ability to control our own destiny falls more on the CEO then it does now. We are currently waiting on the South African government to grant a licence.
No public company has a licence yet in South Africa. And $TXTM if they do stand a chance to be one of, if not the first. When speculation picks up about a public company with a "x" million market cap having a what could be final inspection of their marijuana production facility (which is already built)... It will look really attractive, but the smart money already knows this.
Through the DD I have done.. I'd be surprised with some success of our product launches if we don't reach a dime + PPS this year. IMO.
$TXTM was spun off from PLP# and issued PLP# preferred shares = to %65 of the company. So. As of now. PLP# has a controlling stake in $TXTM shares and utilizes the same patented technology. Every time PLP# in South Africa is mentioned... That is $TXTM. That is what I have come to gather from my DD. I see your point though. It could be more clear for new investors who owns what.
(Sorry I didn't get back to you yesterday. Ran out of free posts.)
That 65% stake will be reduced to 30% and the 35% given up will be used to purchase Growprocess after they had a binding letter of intent signed in January 2018
My investment family has the patience. We are in a multi year loading phase as we feel the marijuana sector will be a key component to future growth around the world. The market is already there recreationally through the black market.
Now add in the medical side and that CBD has been shown to be the key component in the plant in many medical applications... You will find that $TXTM and it's patented phytofare cold extraction technology may really have a special sauce that could propel them to the main stage of CBD technology on a global scale.. That has yet to be seen. But similar trials using phytofare technology with oil based plants have shown great success. We are going after the CBD oil here... In theory this process could really open up new potential for the CBD plant as a more direct form of potent medicine. Very potent medicine commands a premium in the market. This new technology with the added THC A/B precursors could even potentially treat more diseases that require a higher dose of CBD, or a longer half-life.
The whole sector may take a while, TXTM may take a while. But do not forget the long term here and whats at stake as you make decisions when adding or selling to the name as the time goes.
$TXTM Business update on SA is uploaded for release upon OTC Mkts completion of annual report review Co. filed annual report Wednesday. Anticipating review process completed Monday. #milestones #fruition
April 13 2018
$TXTM Business update on SA is uploaded for release upon OTC Mkts completion of annual report review Co. filed annual report Wednesday. Anticipating review process completed Monday. #milestones #fruition
— Protext Pharma, Inc ($TXTM) (@protxtm) April 13, 2018
Update never mentioned the disgraced old officer of the company fired for stealing information about children... #creepy
Having trouble buying? News is out through #PLP# that directly mentions the South African unit which is.... you guessed it.. $TXTM
They submitted what they believe to be the final license application in January... Is this not news to anyone else? And the final inspection should be in short order...
Yeah.. I don't know if I missed that before.. but it sure is news to me... They even did the background checks already for the high lvl $TXTM employees... All news to me!
$TXTM could be one of the best buying opps on the OTC market this year IMO.
PlP# running today with news that is updating TXTM shareholders...
Just wait until $TXTM has direct news with all these updates... I wonder how the market just learning of those events will react... Oh, and all the people waiting to buy due to the stop sign...
Pent up demand at this level should clear the resistance NP when the sign is removed. The layout of the events from the past few years... coupled with the updates moving forward with the license... Just wow.
Oh, and add in we are trading mostly retail now with the exit of BMIC... Get ready to hold onto your hats.. We are coming up on a major adjustment in the price of $TXTM shares IMO.
This is about to take off with confirmation of the application being delivered in January, and the belief that this will be the final application!!! That is so big. The price movement in this name is about to get nuts. Going from an idea... to a fully producing / researching company in a new frontier... with ZERO competition on the whole continent?
Wow.
Love how the PLP# news out today explains the background and where they are heading. Really lays out the history, and where the company plans to go...
Oh and it doesn't hurt that they are showing us the steps along the way... Which start to make a lot more sense with this news release.
TXTM is looking down the barrel of final inspections and could be one of, if not the first to obtain a South African permit to grow and research marijuana!! So huge
"We are now just waiting for the inspection date to be set."
"we are operating under the belief that all that remains is an inspection of the proposed facility. This will be followed by a letter informing us of the Ministry's decision and giving us the parameters of the license. We have applied to be able to establish a controlled environment cannabis growing and extraction facility and also to permit clinical research on our cannabis extract. We are now just waiting for the inspection date to be set."
"Mr. Duffield continued, "Based on our conversations with officials at the Ministry of Health, we are operating under the belief that all that remains is an inspection of the proposed facility. This will be followed by a letter informing us of the Ministry's decision and giving us the parameters of the license. We have applied to be able to establish a controlled environment cannabis growing and extraction facility and also to permit clinical research on our cannabis extract. We are now just waiting for the inspection date to be set.""
"The final guidelines were published in late 2017 and, in January 2018, the Company submitted what it anticipates will be the final application. This included an application, Quality Systems Manual, Site Master File, and Policies and Procedures Manual. The Company also had to provide police backgrounds checks on officers and key personnel and retain a licensed pharmacist."
From the PLPL news today... Absolutely HUGE! $$$$$$$$$$$$$$$
January 2018 they filed the application for medical marijuana in SA. Now they are talking about #fruition... Did TXTM just get the license? Or the go ahead for the final steps...
Stay tuned!
#fruition
"In January 2018, the Company submitted what it anticipates will be the final application."
"In January 2018, the Company submitted what it anticipates will be the final application."
Dots being connected... This is really important to understanding the timelines and where we are heading.
I have no idea the delay but...
The shares at 12/31/2017 are "3,991,316,008" per the report. Yet the line below the share structure says...
"As of March 31, 2017, the total issued and outstanding was 4,146,318,008."
Could they have meant March 31, 2018? Could this be the delay? I have no clue.. Looking over the numbers I found that one didn't make much sense. Just speculating here. I have no idea the delay. But maybe that number needed review? Weird it's taking this long if all things had been done proper IMO.
https://backend.otcmarkets.com/otcapi/company/financial-report/190700/content
Phyto coins are backed by pharma grade CBD launched by growprocess. $TXTM signed a binding letter of intent to buy in january and should have the Whitepaper / Funding dates out soon.
"The Company expects to have approximately 3 acres under greenhouse, initially, for commercial hemp production from which CBD will be produced for its commodity backed token expected to launch in early 2018."
http://growprocess.co/
All major / alt cryptos are having a synchronized rally above major BTC resistance levels.
https://coinmarketcap.com/
The timing of the marijuana / blockchain sectors coinciding with the upcoming events in TXTM are going to turbo charge the gains here in the 2nd and 3rd quarter. I have a feeling most of the gains for the year will happen during the speculation / awareness phase while the company gets its ducks in a row for its production facility to grow marijuana as a licensed producer.
The accumulation and charts in this name are pointing to a scenario where positive news will break the resistance / support levels this company has been trading around for about a year now. The charts on TXTM clearly paint the picture here. Once confirmation comes of inspection for the TXTM facility, or news of the Slovenian grow operation starting / phytocoin ICO launch... The company will be off to the races. So many irons in the fire with the 2 fastest growing segments of the more speculative markets.
The ICO alone, if successful will initially raise (but not limited to) 10 million USD. 10 million USD is .0025 a share cash injection from selling tokens on the compliance platform they are creating. The ICO alone could put cash on the balance sheet well over 2x the current total market cap. But while markets can remain irrational longer than most traders can remain rational.... Here is the opp in $TXTM we don't want to miss!
Cheers to all the longs staying strong and sticking with their DD. We'll be rewarded before long IMO. GL!
I'm not going to spend the time connecting all the dots for people so it can be spammed out of relevance after a few posts. If the DD would be saved and viewed by people then perhaps it would be worth it.
Any moderators feel like putting out an updated Ihub board message?
At least we could update the company name? It's been a year. A little more attention to detail wouldn't hurt.
Currently all the moderator spots are filled up. If one of you would like to make way for someone with more time / exposure to this name that would be super.
We need someone around here more interested in proper DD than year old trading pattern charts... I'd have a DD package up in a day that would make peoples heads spin.
I want to hear about phytocoins! Backed by patented phytofare extraction technology!
another week another 250k+ shares accumulated. Thankful we still have some clueless sellers left at this stage! :)
It's in the PLP# news we been getting this month.
They want to start human clinical trials to test the phytofare patent with marijuana leaf. Is a few years off until completion by sounds of it... But if proven more effective than the competition... It could really place itself in the premium echelon of medical CBD production.
A message like this would never get stickied though for new investors to look at... For some reason we would rather keep an old name and irrelevant information on the Ihub box for this ticker...
Add in $TXTM clinical human marijuana trials set to being late 2018-2019... Yeah.. I'll take a patented marijuana extraction process with 10x the potential anyday... mmthanks
That sounds good IMO.
What are your thoughts about this? :)
https://patents.google.com/patent/WO2016036882A1/en
Inventor Roger Duffield
Original Assignee Plandai Biotechnology Inc.
Priority date 2014-09-03
Green tea compositions
Abstract
Disclosed herein are green tea plant material extracts, and methods of using the extracts, comprising at least one green tea catechin selected from the group consisting of epi-gallocatechin, catechin, epicatechin, epigallocatechin-3-gallate, gallocatechin gallate, epicatechin-3-gallate, catechin gallate, and gallocatechin, wherein the compositions of the disclosure provide greater bioavailability of at least one green tea catechin.
https://patents.google.com/patent/WO2016036882A1/en
You know.. I like to think I've thought of all the most obvious things... I've missed this and i'm sure a lot of others have as well.
With the higher concentration... Less will be needed from a production standpoint. Also, you can ship the product 10x cheaper to get the same result to the consumer... Those cost savings roll down the pipeline in so many ways.