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Sannabis is a first mover and will have a piece of the pie, but pharmacielo will be much larger
First I've heard of unlimited licences.
Is he filing an 8k promising this date with sec still?
Where is this 8k financial filing date of intent we were promised?
Campo, if you need help I will work liasing with auditors for 1m shares per month. I will get the fins out and can track financials.
100% helpful if we ever get it out of the ground. Thanks for your observation.
Industry cagr forecast: 20-40%
Colombia has best margins and possibly quality, this can not be understated, you don't grow coffee in Canada, and you don't grow weed in Canada.
Colombia competitor is a monster, but Campo and sannabis can't be counted out. They are far cheaper and seemingly gunslingers.
Colombia govt is only giving out so many permits, 6ish.
Oh yeah theres a ton of medical uses, including cancer related, for chemo side effects, some studies show cancer cell impact also. There hasnt been a ton of research in the past bc it was illegal in us. but now that its legal in colombia they can test and prescribe.
I think theres 4 type of people:
1. those who think weed should be sold not coal.
2. those who believe coal should be sold not weed.
3. those who believe neither should be sold.
4. those who believe both should be sold.
I moved into the last category when campo taught me about metallurgical coking coal and its vast uses. But some people will never join.
Omg lol...
Too much focus on stock ticker technicalities and false claims. Only thing that matters long term is bringing in profit, not being liquidated to creditors, and beginning regular reporting. If you think those three are going to happen buy the stock, if not don't.
Where is there medical fraud? Medicinal weed is legal in the country?
Thanks for the info. If anyone cares about sannabis it's intensely powerful, I haven't partaken in 14 years however so may be lw
The explanation makes sense.
Speaking of sannabis being real, my order just arrived.
Has anyone figured out how to navigate the two sites to the newc mine? If so, please post link straight to there.
Agree, sec is looking for straight up fraud. Mining jrs are hard to validate until they are up and running. But sannabis seems real and ready for profit.
Or maybe he wants to announce his counsel is on it?...
In the 8 months since he's responded enough to buy time I would think, unaudited financials, new events, responded to sec questions, new auditor...
Is he scared of misleading investors after shrikeli got convicted, is he worried it's gonna happen, is he trying to buy more before releasing 10k, are auditors delayed again?
A good question.
Not during the suspension, by definition that stops, after the suspension. It should resume trading unless brokers decide not to quote
When stocks are delisted they become otc pink. You can't delist a delisted stock.
So you're saying the otc is lying?
Can companies get "delisted" from the OTCQX, OTCQB and Pink markets?
Companies that no longer meet the requirements, or request to be removed, will be removed from OTCQX and OTCQB. Generally, those securities will begin trading on the Pink market. The only way to remove a company from the Pink market is for all of the broker-dealers to stop quoting it. Companies are required to contact FINRA Operations if their securities no longer exist, but are still being quoted. FINRA will investigate and, if appropriate, eliminate the trading symbol and inform OTC Markets Group that they have done so. OTC Markets Group will then remove the quotations in this security
Just read pinks don't get delisted. They weren't required to disclose anyway, they just do for investors.
What am I in high school? How many charts are not split adjusted? You want to challenge me in knowledge you will lose.
Penny stocks aren't necessarily a penny by definition. Are you now changing the criteria to less then an actual cent bc I found some of those too.
Ok was penny stock, but not OTC. It's difficult to pull history since the stocks are small, but I see apco Argentina which was said to trade 1/8 x 3/8 now $27.... Idk how you'd expect a 4m mkt cap company to trade on nyse... There would be too many regs
Green mountain coffee was once an OTC penny stock ... This is the first penny stock I've ever owned
Anyway, assuming sannabis is a good product, which I will know shortly, it will alone justify the mkt cap. Only risk is with newc keeping the sannabis shares, the company is liquidated by creditors before getting the mine operational. Upside is mine operational also.
But if the company is not going to profit it's not worth a tenth a penny. If it will profit it's worth 10x, 20x
Yeah. I mean my thing is I'll hold long term as long as company is profiting, but I feel uncomfortable holding a company not profiting. So I'm projecting if and when the divisions are profiting
Yeah but I like profit now. Who knows how long a Colombian govt issued permit will take, I don't think it's possible to estimate.
I'm trying sannabis. Waiting for delivery. Page seems to have 4000 hits per month 65% in Colombia. If all in Colombia hits buy this could be a million in annual sales, if a third buy 300k. Obviously this number could grow fast, and if they do get into us explode. I know monster energy drinks sell at ps of 10, so at 300k sales next year the total mkt cap could be explained by sannabis, and if 1m sales right now sannabis stake is already more than mkt cap.... With the date unknown of a profitable mine, I'm holding for sannabis.
If that's more than 3% of your portfolio, that's crazy
I think he's trying to squeeze in the q2's with the release, in order to show profit.
The short squeeze when this pops is going to bankrupt those short. Those short are risking everything
I was just buying at .0046, where was the guy selling at .0041 then?
Once they report audited profit, it's worth 10x.
Reading through the 8k, they've sourced third party coal that they can profit 50$ per t sold, if they source 60,000 that's, 3m$ profit. That alone would put the stock at a fwd pe of 1.2. he wouldn't report this fraudulently to sec, or he's going straight to jail, it would be stupid.
If I had a car, I would.
If everything Campo said is true, I'd double down. I'd just like to verify that this isn't fools coal