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.
NEWS!! EAPH! I posted this on May 9th. Deal #1. Check. What's next??
Mr French indicated to me in one of our conversations that Mdrm was looking to upwards for 3 deals.
MDRM Looooonnnnggg!!!!
On April 17th, MDRM Tweeted 'Its a great day at $MDRM :) .
Once the Fins done , awesome news to come !
MDRM!
It is possible for a stock to be halted on big jumps and has happened on occassion. Usually due to the news at hand. Ie Merger, Aquisition, Partnership with another public company, Uplisting to other exchange ie Nasdaq Small Caps ot TSX Venture, etc..
You only count the return once you sell. did you sell ? most of us have been here since 4 cents. lets continue this conversation in a few weeks. And I did once say that if rent money is required, might be best to get out about 3 or 4 weeks back.. but if you want a nice house, stick around !! Have fun and enjoy the ride ! Maybe we can "yacht" together. MDRM!
I spoke to Mr French a while back and admitted they made a mistake on the paperwork filings. Also he did not make promises, he was quite forthcoming with this information. Remember a company is not about one person, you have accountants , auditors, management , etc.
Also i did comment on your post a while back about $0,$, $0, $0... the numbers dont mean anything. You have to understand the root cause before you make such vague comments. The previous business unit was non compliant and very unorganized. To bring this current , they had to dig up every last document , reach out to prevous accounting firms who were not longer employed by MDRM , etc. You underestimate largely the amount of effort it took , only because the old company was so bad. The documents , whether there was $100 sales, or $0 sales, still have to be found and audited. By the way,, it was not $0... there were sales previously so the amount of work still is required.
You're theory is weak, but i respect your passion ! One thing for sure - we want the same result, and it is here now !
In my opinion, it is great that Declan French resigned, but for exact opposite reasons. I am familiar with venture capitalist models and often look for thier involvement when investing. I also did due dilligence on Declan French which was one of the main reasons for my investment. Venture Capitalists have clear mandates , and the business model sole intention is to:
1. Be in charge of portfolio companies and bring through any RTO's and start up financing initiatives.
2. Assure the company is building a sustainable and profitable plan.
3. Negotiate terms of Acquisitions , Mergers, or sale of the portfolio company.
4. Last but not least , EXIT the company when the role is deemed complete and the company's plan is successful and sustainable.
It is my opinion that the role is complete, and the resignation is common and part of the process. To me it means the deals are done, the company is sustainable, filings are being done, and we have a great future.
This news brought me excitement, as this is exactly what Venture Capitalist do.
Means MDRM is ready to ROCK !!!
This week is the beginning of the new MDRM. Put on your seatbelts and get ready to enjoy an exciting ride!!
Hey Weis. I don't see any problem here. Says "expects" to. It's all good in my opinion. Being overly diligent with SEC. That's all. MDRM!!
Seems clarity is required pertaining to the contents of the next 10k and 2q's. The upcoming 10k has absoltutely nothing to do with the NEW MDRM MMJ business model. The $$ figures in the 10k is purely to bring the shell current with the SEC. Anyone waiting to analyze the figures, please dont waste your time. It is not relevant at all, except to bring the company current.
And there was plenty of work that had to be done, chasing old documents, accountants, etc. to assure compliance.
Fins are for SEC compliance only, then the new MDRM MMJ company can begin to communicate the new plan.
SEC has suspended/halted 7 MMJ shells due to pumps, misleading information, and not forthcoming financials. You can be rest assured that MDRM is doing everything to the letter of the law, while most likely communicating with the SEC to assure proper process. MDRM will NOT be one of the halted shells. The delays and lack of PR in this case are all very good signs. And when they mentioned that all will be fine within 10 business days, it makes sense.
MDRM Long. GLTA!
Very smart move. No longs with large positions are going anywhere!! Don't get caught up on the 5 day comment although I agree news sooner the better. All in the works. Great days just around the corner!!
MM's control the market. Company's like E Trade, etc buy/sell to them. They don't care about price,they only need activity to make $$$. If they're position is off end of day they will do exactly what they did to create panic and pick up what they call "dumb money" to even out their position. Great they are here and active now. Great sign for MDRM!!! This is going to get exciting folks!! Go MDRM!!
Thanks for your opinion RD. This one isn't for you. Move on now.
MDRM!!!! It's go time!! Get in while cheap!? http://ih.advfn.com/p.php?pid=nmona&article=62225887&symbol=MDRM
MDRM!!!! It's go time!! Get in while cheap!? http://ih.advfn.com/p.php?pid=nmona&article=62225887&symbol=MDRM
MDRM!!!! It's go time!! Get in while cheap!?
http://ih.advfn.com/p.php?pid=nmona&article=62225887&symbol=MDRM
... Just be very clear that the $$$ figures that will be posted have absolutely nothing to do with the NEW MMJ business. It was the old business that does not exist any longer. So they are totally irrelevant ! This is just to bring the shell current with the SEC and remove the yield sign. SEC does not take kindly to companies doing PR and News on the NEW business in RTO's when the previous business was not current. The current filings will allow the New managment and MMJ business to now begin communication with shareholders.
Shares are cheap cheap cheap now... get in while you can !
http://ih.advfn.com/p.php?pid=nmona&article=62225887&symbol=MDRM
All good !! lets move forward folks. Thats what you get when you do a RTO of an old shell that was not current. Its a fairly messy process to get all the old documents together to get old fiings current for a business that does not exist any longer.
Onwards and upwards !! MDRM!!!!
time to raise you bids folks !
I am pretty sure there are no "large" positions selling any time soon. I truly hope the sellers are stable folks and do not jump off any bridges when this puppy pops. MDRM Long Lonnnnggg Loonnnggeerr....!!!!
MDRM ready to explode after financials current next week !
MDRM ready to explode after financials current next week !!
MDRM ready to explode when financials are current next week !
I believe we were advised already that filings this friday or prior according to Declan French.
One of the reasons why MDRM and auditors are being extremely careful assuring t's are crossed and i's are dotted. Also 6 MMJ shells have been haltes by SEC to this point.. Patience folks!!
http://marijuanaindex.org/industry-news-item/
Cohen, Placitella & Roth, PC Investigating CannaVEST Corp. for Issuing False and Misleading Financial Statements for the First Three Quarters of 2013
As shareholders and investors of MDRM , lets add value here folks. If you are not a shareholder, you do have freedom of speach, but prefer you move on. Old company, bad record keeping, now the new MDRM has to deal with all the crap. Thats life folks. New company still very active regardless of the delays. MDRM is proffessional. SEC suspended now 6th MMJ shell. In my opionion, MDRM does not want to get involved with any "pump" situations prior to bringing the old shell current with SEC. Frustrating, but simple. MDRM LONG!
Interesting Post this morning on E*PH site about MDRM;
=======================================================
Post # of 24628
My wager is mdrm will be first deal,
I'm ruling out Vodis since they took so long and haggled on first go around.
After that deal is sealed I believe Michigan is a done deal easily, that should be a fast operation. And yes if they have away to get around the reg A and not use it, we will fly. But either way we will hit new highs on the MJ announcement reg A will take a 30 day minimum anyways so that gives us plenty of time to make head way.
MDRM LONG! Pps doing well against sector. The retreat in cannabis stocks continued, with only 20% of the stocks rising in price. There was 1 double-digit percentage gainer and 16 double-digit percentage losers. Stocks with volume above the 30-day average rose from 15% to 22%, with only 1 stock trading over $5mm in value. Three of the ten highest dollar-volume stocks rose in price.
On April 17th, MDRM Tweeted 'Its a great day at $MDRM :) .
MDRM's Facebook page has 17 posts begining Aril 18th till present of the Press Release "Benton Capital executes LOI to Acquire Folium Life Science Inc. "
http://medicaldrmarijuana.com/benton-capital-executes-loi-to-acquire-folium-life-science-inc/?doing_wp_cron=1399236778.3837580680847167968750
Coincedence ? I dont think so.
Declan French has been quoted in the Seeking Alpha article advising MDRM is in current negotiations with an Ontario based MMPR liscense holder. He also has advised MDRM's interest is further to acquire or take controling interest in up to 3 Growers.
Assumption that the lack of information from MDRM comes from the fact the Financials are not current from the old defunct company, and this has to be first priority pertaining to announcements. IMO the floodgates could open quickly once current, which is supposed to be NOW.
MDRM is a long hold IMO and could see similar success as TWD.V. Again all my opinion and due diligence. Good Luck to all !
so as long as we are both speaking to them we have the same story. maybe i ask more detailed questions as I speak often to investor relations of public companies. Anyhow this is all irrelevent to me as the big picture is so much larger, this is miniscule. I am in this for long, Good Luck.
I speak with Declan French. you should do the same. Find the number under GOLDBEAR Capital Tel.416 777-6167.
Stay long my friend !!
Yes, I have confirmation from the company that waiting on Auditors sign back, then simple submission to SEC follows. These were fully prepared 3 weeks back, but had to resubmit as one document was missing. All compliant now and 2 q's will follow immediately. Its all good !
MDRM ! Auditors signing back financials. In negotiations with lisenced growers in Canada. I read that as deals pretty well done. This is going to fly. Its a bargain now at . 13 cents on way to $3.00 MDRM
Calm before the storm! Website getting ramped up, Auditors signing back Financials any day.. Going to be an exciting ride !
MDRM ! This is not a serious board about weed plays if it does not have MDRM !!
Venture Capitalists GoldBear Capital purchasing Aquiring licensed growers in Canada. One of the few Venture Capitalist in Canada throwing financing at this sector.
MDRM !! .50 within 2 weeks, $3 thereafter...
i disagree. but good luck. nobody talks about their losses with those "other" plays, and nobody talks about positive momentum MDRM from .03 to .18 where there are huge gains and momentum. Delay's in filing (admitted mistake from MDRM), but all fixed and in auditors hands waiting for sign off. SO again i disagree with your comments that there are better momentum plays that you can get your hands on that arent already pumped. Day traders...this is not for you either.. THis is a long play and will be uplisted fairly quickly after takeoff.
MDRM is the only momentum play to worry about right now.. if you take your money out, you will not capture the gains you will see in this uprising fantastic play !! MDRM LONG!
i disagree. but good luck. nobody talks about their losses with those "other" plays, and nobody talks about positive momentum MDRM from .03 to .18 where there are huge gains and momentum. Delay's in filing (admitted mistake from MDRM), but all fixed and in auditors hands waiting for sign off. SO again i disagree with your comments that there are better momentum plays that you can get your hands on that arent already pumped. Day traders...this is not for you either.. THis is a long play and will be uplisted fairly quickly after takeoff.
MDRM is the only momentum play to worry about right now.. if you take your money out, you will not capture the gains you will see in this uprising fantastic play !! MDRM LONG!
All those sad stories from people about how much they should have made on stocks if they didnt sell. Well... the stories will continue with all the sellers of MDRM ! My Prediction... 40 cents within 3 weeks. Then $3 in a timely manner thereafter.
Best sustainable plan in the MJ Sector combined with a float that is perfect to rocket the pps after fins are current. Good Luck to the keepers and newbies, sorry for the sellers !
Very Excited about the next few weeks. Loading up !!
MDRM!
Folks ..my opinion for what its worth :
1. Those looking for FINS to simply determine that NEW company is legitimate, well I am far past that already and know and believe the big picture, aquisition plan, etc. The Fins, whether it comes out next week, or 5 weeks from now, is irrelevant to me as it is not stopping them from current business meetings and discussions with potential aquisitions.
2. Those looking for 10k to see the business plan of the future... i am with you and agree, but should not scare anyone away, as those who already know, know...and those who do not know, stay patient and you will be rewarded hansomely.
3. Those looking for FINS to determine revenue $$$, you should sell now, since the fins is for an old defunct operation that does not exist any longer. MDRM now has to backtrack and without the help of the previous accountants, find all old paperwork, documentation and miscelleneous irrelevant info to please the SEC to bring the old company under previous regime current, as they did not file.
4. Those who bet thier rent money, maybe you should get a second job.
5. MDRM will be a leading MMJ / Cannabis provider in Canada in this flourishing addition to the mainstream pharmaceutical industry.
Happy Easter and GLTA!!
Yes, this is correct. More than just 1 also. This has always been the plan and has been posted some time ago after others have spoken with Mr French. This was reinerated again and is the "ACTIVE" plan !! This will be an exciting company. I am not too pleased with the delay in Fins that of course is effective pps, but i am here to capitilize on the industry, and identifying firstly who is legitimate, then identifying through due diligence who will rise to the top when a natural consolidation of the industry takes place. The answer ......MDRM !!!!