So you're saying that the FDA will shut down a legal company selling federally legal product?....in what world would that even make sense

Deflect to That? What about the numbers I showed you?

Check again. Float was updated in September. Fact check things first before you spread misinformation

https://www.otcmarkets.com/stock/POTN/security

This honestly is of no concern to this company in particular. They won't be resubmitting the form until 2018 numbers are released and audited. We should be hearing about them sometime in the near future. POTN said they anticipate to have the form resubmitted before end of Q1 so do not expect that anytime in the immediate future. I'm looking forward to hearing the numbers

explain preferably with a source showing facts

I'm not sure if you heard the general talk on here and other boards or not, but everyone has and still mainly focuses on the fact that they are undervalued. I saw plenty of people, myself included, saying that we couldn't find anything on that being true and it most likely wasn't due to the source it derived from

exactly. Canadian companies and US companies cannot be lumped together. I have them on separate watchlists and I'm part of a community of a few thousand trading the sector that view them as separate as well...lumping them together is foolish given that each country has different laws and hurdles to overcome.

we all knew that was a load of BS given the website. This ran on low valuations not those other two garbage rumors. Let's be real here.

very well stated. They did what every OTC company in this sector did prior to the farm bill passage. In order for a company to expand and dominate a sector they need to continue to grow

Now that the farm bill has passed, they can receive bank financing instead

I disagree. Their revs will show a dramatic increase from 2017 and how they beat their forecast for 2018, which will cause the SP to move upward dramatically. Too undervalued where it is now.

at these prices the odds are in my favor. Low risk, high reward. They ALWAYS release numbers and that alone will take this higher than where it is today.

Going up into the court date and after with the judge ruling in their favor and rev number release

There is no source to it. Anyone that has read the financial statements knows that the statement is a lie. Besides that .06 would put them trading equal to their 2018 revs roughly, which is an absurd target

That's what I am saying. I was very conservative in my estimates for everything. Hope for the best, but prepare for the worst. Even worst case scenario this is undervalued.

I anticipate the same as well. They projected to do $22million for 2018. I expect to see $24million +

I'm literally sitting here watching the charts...we are down a whole 3% from yesterday. Bears are pushing their luck trying to drive it down to a lower valuation. It'll rocket back up...mark my words.

you might want to go back and read what I wrote and then check the charts for clarification on what I said. It ran 100% and consolidated. Next leg up now

anyone with half a brain can tell that they are going to beat their forecast.

First of all, if this were to fall to .06 it would essentially be trading at their 2018 revs. The fact that you think its going down there is laughable. Second if you read the note and the statements, the company will most likely settle in their favor. Lastly the estimates on revenue were if they were flat $24 million for the year means they would have remained flat for Q4. I believe we could see an increase due to the fact that they added 400 more retail clients in Q4. However using the $24million as guidance for valuation. This means they are only trading at 2.7x those rev numbers. Industry standard is 10x since this is a growing industry. Last weeks volume was big for the bulls. Bulls came out swinging and said this company is not worth being down there as it ran on no news and instead ran on a ridiculously low valuation.

This is worth .25 at an absolute minimum. Carry on now

Side note- The company projected to do 22 million for 2018. If Q4 was flat they would beat that by 2 million. If they increased at all then they beat their forecast by even more. Mind you 24 million in sales for 2018 is a 60% increase from 2017's sale numbers when it traded in the .05-.08 range for a whole 6 months. If it was worth that back then, it is DEFINITELY worth more now

That is correct. The last half hour of trading did almost 1 million in volume and bulls were eating up the shares being dumped. Myself included. I saw another bull put up almost a 500k share bid that was never filled. Valuations are getting too low again, chart looks healthy, court date almost here, rev numbers to be released one day in the upcoming weeks. Time for the next leg up. Good luck to you and all the bulls!

I actually really like the design they used here. It seems like it will at least make people curious about what it is. As someone mentioned previously, with the smart screen they can educate people on the products. Turns out however stated this was right. I'm honestly impressed with this

I've had a lot of success with it honestly. It is key to use fundamental analysis along with technical analysis for the best chance at success.

Charts always apply even on Sun penny stocks. Although some things need to be taken with a grain of salt. I watch longer term time frames. The weekly and daily give me enough information generally. The bounce was on massive volume signaling capitulation. It also was in a descending wedge on the weekly chart for almost 7 months. Last week it broke out of it and closed out of it bullish for the first time. What I'm seeing now is the retest of that channel.

This chart action can literally be seen on almost any stock. A rally to some cooling off consolidation. Too oversold again from a valuation standpoint.

It will not return to .08 That would put them at a valuation of ~1.8x LAST years revenues. The floor was hit. Volume & Valuation shows it.

I'm buying now as well. I ran the figures since the pullback and the valuation is now at ~$65million. With a conservative estimate of $24million in sales for 2018 they are only trading at 2.7x their 2018 rev numbers. That conservative estimate is if they stayed flat in Q4, which I honestly believe we will see an increase due to the 400 extra retail clients they added. So if there is an increase in the Q4 revs then we are trading at an even lower multiple.

Based on the charts the volume still looks healthy for consolidation. The bull volume days are much larger and the bear volume throughout consolidation has been decreasing. This ran off of the valuation becoming to low and I feel that we were approaching that once again so reentry looked really appealing here. I exited looking for healthy chart action and we have had that this whole time. I am now back to buying up shares. The reason being is because the chart looks very nice, low valuation with this pps once again, court date on Monday that I believe will have a positive effect on the pps, and the rev numbers that we will hear about should only take this to a much higher price point.

Fair value of this stock is .50 if you give them the industry standard of a 10x multiple. If they were fully diluted as some claim, worst case scenario this is worth .25 as a base from their previous performance (again on conservative numbers). You can't go wrong buying down here.

Thanks and good luck to you as well. I believe we are in the best space possible right now with this being the first year that hemp is legal in the states. Essentially getting in the ground floor of the sector as a whole

All I did was point out that you did not notice the difference between the two PR's. They have made progress. That is all. It's a pre rev company valued at 3.7 million, which is a steal at these levels imo considering they have shown progress. That's the whole reason I bought in today. I have had it on my watchlist much longer and have kept an eye on it

first day posting on this board. yes. What does that have to do with the fact that fact that the two PR's are easily different and show the advancement made by the company?

I just went back a reread the PR's. The last time they talked about this facility and their partner was in June where they stated that the new permits were still subject to final inspection. Today's PR states that has "received it's final approval". This is simple reading comprehension... it shows that things prior to today were not completed and as of today they are now fully licensed to produce. This is progress moving forward.

there is no need for that given that the company is making progress and creating value. PPS should be on the rise from here given that within a month they expect to be processing products. The valuation right now is pre rev, therefore now is the time to buy before those rev numbers come in

the PR clearly states that they expect to be "processing cannabis products on behalf of dispensary clients with brand distribution by next month."

The fact that they have been approved is big news!

this news was already priced in since everyone promoted it days before it came out. It might have had a different effect otherwise. Either that or people are waiting like myself for some numbers, debt settlement, or other substantial news to be released.

There is nothing proprietary about these so if they are successful in generating sales any other company can rip off the sales model. The question with these is are they a more effective way of generating revenue and sales? That remains to be seen and I will wait to here those results. If you ever looked into any vending machine business the numbers are not that impressive compared to the cost to have even one. This is a more long term approach where it could take years for one machine to pay itself off.

The news I want to see is the numbers. Show me them and show some growth

People were waiting on sales numbers since last thursday...the pps has dropped multiple cents since then. Best to wait on the sidelines bc who knows how long it will be. Like I stated days ago, they most likely wont release anything until after the court date. We could experience a slow bleed while no news is released

Exactly my thoughts. If they gave a damn about shareholders they would have paid off that debt a very long time ago. They have potential with sales, but as far as everything else they have disappointed shareholders time and time again. The first audit that they kept saying would be done by (x) date was delayed multiple times stringing shareholders along, then the share reduction that almost a year and a half later hasn't even had progress to our knowledge, then the uplisting that failed twice now...this is why it's unwise to long this. They have constantly slipped up and holders have felt the pain of it. That's why I rather wait for some sure news to be released before reentering. That way I'm not holding through no news days or worse yet some bearish news....

I'm not saying that it wont go up eventually again. I'm saying I see more down tomorrow based off of the charts. I'm not here to gamble on hopes of news. My personal opinion on news is that we wont hear anything substantial until after the court hearing results anyways

I'm not so sure :/ its in a bear flag right now

than tell me why he unloaded shares this whole time under a dollar. Longs here want that pps. CV honestly doesn't care since they are basically free shares to him. Imagine this...CV mentions insider news (again if true, and if it is somehow why would he mention it to everyone instead of being silent and loading up more shares...hmmmm) then we get a higher open today only for him to unload a portion of shares so he can reload them and more cheaper? The games are much more complex than I think you longs realize...The guy only cares about money. If he didn't, then he would not have dumped shares this whole time...

You can be long all you want and I'm not going to argue against it. I'm just pointing out the note holder doing some shady stuff again. At least from the way I see it. The fact that any long, however, would defend him is honestly baffling. The guy hasn't given a damn about the shareholders this whole time

How do you know he is not flipping a portion of his long position? If he is waiting to sell in the dollars, than why did he sell under a dollar many times? I'm sorry, but you can have faith in a note holder all you want. I do not think it is wise and would suggest ignoring the man. He is in it for his own gain and given that he can make a profit at any price, he can easily manipulate the pps. My guess is he had a hand in this pps downturn for all of 2018.