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Nice trading today. Expecting a slow and steady climb, with a few days of larger swings here and there.
Go MJTK
Rec
There's the love :) Solid filings today by EDXC!
Up next, uplist?
Keep it up Todd.
Go EDXC
Rec
Endexx Reports First Quarter Revenue Growth of 31%
Thu February 16, 2017 8:00 AM
CAVE CREEK, AZ -- (Marketwired) -- 02/16/17 -- Endexx Corporation (OTC PINK: EDXC), a provider of innovative phyto-nutrient based food and nutritional products, today reported first quarter 2017 revenue of $86,295, an increase of 31% as compared to the same period in 2016, and up 29% sequentially as compared to the previous quarter.
First Quarter 2017 Milestones and Updates:
Began production of Third Eye Chai™ CBD-infused gourmet tea with The Mad Hatter Coffee & Tea Co.
Phyto-Bites® received national media coverage on Fox News
Company takes significant steps to reduce debt achieved for fiscal 2017
Attended Pharmacy Buyers convention and received strong interest for M3Hub crossover applications
CBD Unlimited and CEO Todd Davis featured on multiple radio and TV programs nationwide
Retained new auditor and SEC attorney to complete audit and SEC Filings
Generated strong recurring revenues through its Phyto-Bites® pet product line
Todd Davis, CEO of Endexx (EDXC), stated, "We had a phenomenal start to the fiscal year and attribute the success to new product introductions and recurring revenue that are driving our growth model. Our Phyto-Bites® pet line has received national media coverage on Fox News and the reception has led to our products being sold out across the country. We are also excited by the traction we are receiving from our M3Hub division as well as our CBD-infused gourmet tea Third Eye Chai™ which has already received a ton of interest. On the corporate side, we have been fiscally responsible and have successfully reduced our debt and cleaned up our balance sheet making us a stronger company. We believe the outlook for the rest of the year will be strong and bring in record-breaking results."
Mr. Davis will be a keynote speaker at two events in the next 2 weeks: Saturday, February 18 at Healthy Habit Health Foods in Phoenix, AZ., and at the Winer Wellness Health Fair on Saturday March 4th, in Pittsburgh, PA.
About Endexx
Endexx, with its collaborative partners and consultants, develops and distributes two consumable product lines derived from industrial hemp, which is organic and naturally rich in phytocannabinoids. Phyto-Bites®, is its CBD-infused soft chews for dogs. The dog treats are formulated to promote health and support the reduction of separation anxiety, pain and inflammation. Endexx provides innovative inventory management and technology solutions. The company has two technology products and services that launched in 2014 -- the M3hub and the Autospense™. Both products provide essential solutions to promote regulatory compliance and full accountability through "seed to sale" inventory management and an "End of Sale" technology integration. The Autospense™ is a commercial grade inventory control and dispensing device that provides up-to-the-minute accounting details and ensures both product and patient security. By automating the dispensing process, Autospense™ increases productivity and reduces costs for retailers, while enhancing their service quality by reducing transaction time for customers. Websites include: www.cbdunlimited.com, www.endexx.com, www.m3hub.com.
Safe Harbor Notice
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
For further investor and media information, contact:
Endexx Corporation
Todd Davis
Chairman & CEO
endexx@endexx.com
480-595-6900
IRTH Communications
Robert Haag
Managing Director
edxc@irthcommunications.com
866-976-4784
Source: Endexx Corporation
The compensation package was key for approval ;)
RSU's automatically mature at the time of the takeover.
Instant payday.
Go T and TWX
Rec
Makes absolute sense, very informative Sleek :)
Go MJTK
Rec
Despite shares consistently being put at the ask, they're getting eaten up. This is a bullish sign to me. When ISBG issues a follow up to the last PR, I'll be looking for a test of recent highs and then some.
Go ISBG
Rec
Lots of interest here with many people highly anticipating solid follow up press.
Go ISBG
Rec
I'm trying to watch, and I see the huge bid support. Busy day today...but I've got one eye monitoring ISBG...
Holding well today as we consolidate and position for a strong move when and if definitive press comes out.
Go ISBG
Rec
Agreed. BMAK either pockets the difference from a successful short cover, or applies those funds toward accumulating a position.
If they're applying funds toward a position they're building, that is extremely bullish, especially since this is the market maker, that in recent trading action, has a lot of influence.
I've seen market makers that have been perceived as bad for a stock, completely make the turn, then take a stock on an epic run.
Go MJTK
Rec
Agreed. BMAK either pockets the difference from a successful short cover, or applies those funds toward accumulating a position.
If they're applying funds toward a position they're building, that is extremely bullish, especially since this is the market maker, that in recent trading action, has strong influence.
Go MJTK
Rec
When BMAK is controlling the spread, they're likely initiating a short position.
BMAK sell short the ask, cover on the offer. With a spread as large as what has been showing, BMAK and other MM's will do this.
Go along with it if you're long. If you're a trader, need to stay at or above BMAK on the bid, or slap the ask and stay above BMAK on the bid. This will stop BMAK from shorting. Also, tightening the spread in times of no dilution, makes shorting less attractive.
So far, BMAK isn't abusing too badly, but when you see large spreads, I would suspect BMAK (at least in MJTK) will try to short at the ask, and cover on the bid to take advantage of the spread.
Go MJTK
Rec
When BMAK is controlling the spread, they're likely initiating a short position.
BMAK sell short the ask, cover on the offer. With a spread as large as what has been showing, BMAK and other MM's will do this.
Go along with it if you're long. If you're a trader, need to stay at or above BMAK on the bid, or slap the ask and stay above BMAK on the bid. This will stop BMAK from shorting.
So far, BMAK isn't abusing too badly, but the longer this goes, the more aggressive BMAK can and will become.
Go MJTK
Rec
Bid growing...still plenty of interest here :)
Go ISBG
Rec
Too often on very low priced stocks like ISBG, it's difficult to rid flippers because each tick accounts for a larger percentage swing.
Example: only 2 ticks up from .001 is 20% which is a heck of a day trade for many.
What I believe could move ISBG beyond the 2 tick flippers is a definitive news catalyst.
Based on recent press, more news is on the horizon...don't get too fancy with flipping if you want a bigger piece of the pie going forward.
Go ISBG
Rec
I do like the A/D line, and we have some divergence, suggesting a reversal to the upside.
Awaiting follow up on recent press. If it's definitive in nature, I believe we're off to much higher ground.
Go ISBG
Rec
Definitely could see .0013's...half today's volume is currently bidding to get in. If that doesn't show interest here, not sure what it looks like then...
Go ISBG
Rec
There should be no talk about dilution. The A/S is pretty much already maxed out.
Those saying the A/S will be increased are using fear based tactics to scare people. There is no evidence that will happen.
Based on recent press, I'm lead to believe a company with a national chain of retailers they can service is coming on board to help with nation wide distribution. If that happens, sales revenue can support ongoing business.
Go ISBG
Rec
Recent volume showing lots of interest in ISBG.
With the A/S pretty much maxed, sustained volume can move this up easily if shareholders sit tight and let the company go to work in spreading awareness to the masses via their brand ambassadors and their upcoming radio ad campaign.
Based on accumulation, I believe the majority of investors are happy with where things are headed.
Go ISBG
Rec
Shift in L2, .0012's very thin right now!
Go ISBG
Rec
It's fun to zoom in on the daily action when a stock is moving up and on the cusp of a potential breakout.
On the flip side, during times of manipulated and shorted market corrections, it's important to see the forest for the trees, or the bigger picture, so as not to get swept away.
I still have a birds eye view on the bigger picture and hope everyone continues gaining valuable knowledge and insight from the action MJTK offers on a daily, weekly, and monthly basis.
I'm thankful for the dialogue here on your board, and sincerely appreciate how many people regularly chime in with their perspectives, as it serves to educate, update, and inform. Ultimately, its a large contributing factor to the success of everyone here.
Go MJTK and Team Sleek!
Rec
Things are getting exciting again :) Solid volume with great trading action today!
Go MJTK
Rec
Regardless of where this closes, heavy volume confirms there is still a lot of interest here!
Go GRNH
Rec
Flex that salami...
Go MJTK
Rec
Sean Spicer reportedly said, “I think that’s unlikely” when asked “can we expect the Trump Administration to enforce federal law in states where marijuana is legal?”
For those not familiar (and how is that possible? Lol), Sean Spicer is the Press Secretary.
Here's the article:
http://www.sfgate.com/news/article/Marijuana-Today-Trump-press-secretary-calls-10923546.php
Go GRNH
Rec
$75,000 just went through on 1 trade!
Go GRNH
Rec
Volume has been low, but I love the little love taps in the .02's and .03's we've seen the last few trading sessions! And they haven't exactly been tiny 100 share prints either, lol.
About 50K shares in ask slaps at .03's and above.
Possibly a sign of where this is going.
Go MLMN
Rec
Yes, if ISBG announces a national distributor is on board, hopefully they'll say who it is by name, not just a generic we have a partnership with a "national distributor".
Go ISBG
Rec
Glad I had the time over the last few trading sessions to dig in and do some due diligence. What I found I like. What I see I like. What I'm hoping to hear, I think I'm going to love!
Go ISBG
Rec
Someone mentioned over the weekend some doubts about ISBG being able to distribute nationally.
Well, if ISBG releases news on any national distribution, I would think that a national distributor would have the proper liquor licenses in place to have the ability to sell and distribute in all 50 states.
Correct me if I'm wrong, but I think this is common sense logical thinking...
Go ISBG
Rec
ISBG news today: February 13, 2017 09:29 ET
ISBG aims for up-list to OTCQB: New Website to Come
LAS VEGAS, NV--(Marketwired - Feb 13, 2017) - International Spirit and Beverage Group (a Nevada Corporation) (OTC PINK: ISBG) is pleased to provide this corporate update. The company has made several announcements in the past weeks and stands by its promise to continue to update shareholders, especially those who have patiently supported the company.
"We are extremely excited about the plans for a nationwide rollout of the Besado Platinum Tequila™ brand as we head towards the spring/summer season," said Mr. Terry Williams, CEO. "We want to thank all shareholders for their patience and continued support and want to reassure investors we are dedicated to attaining minimal production and distribution costs which aid in increasing long-term shareholder value."
The company has created a set of key media and marketing relationships which will feature icon branding and keep Besado Platinum Tequila and future extension products in the forefront of media mentions and exposure with limited to no investment. ISBG is a company whose share price is not a true reflection of a company who has a viable and vibrant product which is generating awareness and demand request from over the country. Besado Platinum Tequila™, a first of its kind tequila infused with aphrodisiac herbs and disruptive packaging, is in the running to win several awards for taste profile as well as total packaging. This is not a sub penny stock!
Although the company's ambition has been the expansion of Besado Platinum Tequila™, the company's main focus is to become fully reporting and qualify for the OTCQB platform, which calls for a .01 closing price for 30 consecutive days and audited financials, which the company is close to completing. The company will not plan to reverse its stock in hopes the market continues to support the efforts to grow ISBG. The current and future prospects would seemingly support the ability to uplift and plans to continue to build a stronger company through the sales and awareness campaigns as ISBG expands the footprint of Besado Platinum Tequila and future brands.
"We have recently entered into talks with some tremendous partnerships that we anticipate will propel ISBG to surpass our current 2017 projections and we will continue to follow our roadmap to accelerated growth," Williams said. "We anticipate sharing some of this information in the very near future that will publicly validate our efforts as well as build investor confidence and momentum."
The company envisions continued support from the market as we continue to release additional information that will affirm the strength of ISBG moving forward. ISBG's average daily volume of shares traded has increased more than tenfold since the start of 2017 and the company believes that is a direct result of the commitment to fiscal responsibility, a strong focus on operations and the growth of our flagship brand and business plan.
"Over and above becoming a SEC fully reporting company, we understand the desire of our shareholders to uplist to a higher exchange and the next logical step is the OTCQB," Williams said. "Ultimately up-listing would allow the Company to garner long term, high quality retail and institutional investors in our stock as well as improve terms at which we are able to source capital and facilitate growth in the value of ISBG."
A new website is also scheduled to be unveiled in the spring. This website will increase brand awareness in addition to incorporating educational tools for account managers, retail store owners, bartenders and consumers. It will feature an enhanced search option that will allow users to locate accounts that currently sell our products (in development). The site will also ultimately have a fully operational online store where consumers will be able to purchase popular promotional items such as t-shirts, caps, posters as mentioned in past weeks.
Besado Platinum Tequila™ is currently available in Texas, New York, New Jersey, Florida, Louisiana and Maryland.
ISBG Product Placement Recap:
Jermaine Dupri, Bow Wow- "WYA"
From a technical standpoint, happy to see the 50 MA lightly grazed...and it appears the bottom is now in.
Now with the assistance of other variables, whether catalysts from the sector or the company itself, we can power on ahead.
Go EDXC
Rec
I love the recent activity from ISBG, both in trading action and press! That's a powerful 1-2 punch. Waiting for that knockout punch to validate the 1-2 we just landed on any doubters.
Go ISBG
Rec
This is the part I'm most interested in hearing more about!
"We have recently entered into talks with some tremendous partnerships that we anticipate will propel ISBG to surpass our current 2017 projections and we will continue to follow our roadmap to accelerated growth," Williams said. "We anticipate sharing some of this information in the very near future that will publicly validate our efforts as well as build investor confidence and momentum."
ISBG is basically telling us more news is coming..."in the very near future"...
Go ISBG
Rec
February 13, 2017 09:29 ET
ISBG aims for up-list to OTCQB: New Website to Come
LAS VEGAS, NV--(Marketwired - Feb 13, 2017) - International Spirit and Beverage Group (a Nevada Corporation) (OTC PINK: ISBG) is pleased to provide this corporate update. The company has made several announcements in the past weeks and stands by its promise to continue to update shareholders, especially those who have patiently supported the company.
"We are extremely excited about the plans for a nationwide rollout of the Besado Platinum Tequila™ brand as we head towards the spring/summer season," said Mr. Terry Williams, CEO. "We want to thank all shareholders for their patience and continued support and want to reassure investors we are dedicated to attaining minimal production and distribution costs which aid in increasing long-term shareholder value."
The company has created a set of key media and marketing relationships which will feature icon branding and keep Besado Platinum Tequila and future extension products in the forefront of media mentions and exposure with limited to no investment. ISBG is a company whose share price is not a true reflection of a company who has a viable and vibrant product which is generating awareness and demand request from over the country. Besado Platinum Tequila™, a first of its kind tequila infused with aphrodisiac herbs and disruptive packaging, is in the running to win several awards for taste profile as well as total packaging. This is not a sub penny stock!
Although the company's ambition has been the expansion of Besado Platinum Tequila™, the company's main focus is to become fully reporting and qualify for the OTCQB platform, which calls for a .01 closing price for 30 consecutive days and audited financials, which the company is close to completing. The company will not plan to reverse its stock in hopes the market continues to support the efforts to grow ISBG. The current and future prospects would seemingly support the ability to uplift and plans to continue to build a stronger company through the sales and awareness campaigns as ISBG expands the footprint of Besado Platinum Tequila and future brands.
"We have recently entered into talks with some tremendous partnerships that we anticipate will propel ISBG to surpass our current 2017 projections and we will continue to follow our roadmap to accelerated growth," Williams said. "We anticipate sharing some of this information in the very near future that will publicly validate our efforts as well as build investor confidence and momentum."
The company envisions continued support from the market as we continue to release additional information that will affirm the strength of ISBG moving forward. ISBG's average daily volume of shares traded has increased more than tenfold since the start of 2017 and the company believes that is a direct result of the commitment to fiscal responsibility, a strong focus on operations and the growth of our flagship brand and business plan.
"Over and above becoming a SEC fully reporting company, we understand the desire of our shareholders to uplist to a higher exchange and the next logical step is the OTCQB," Williams said. "Ultimately up-listing would allow the Company to garner long term, high quality retail and institutional investors in our stock as well as improve terms at which we are able to source capital and facilitate growth in the value of ISBG."
A new website is also scheduled to be unveiled in the spring. This website will increase brand awareness in addition to incorporating educational tools for account managers, retail store owners, bartenders and consumers. It will feature an enhanced search option that will allow users to locate accounts that currently sell our products (in development). The site will also ultimately have a fully operational online store where consumers will be able to purchase popular promotional items such as t-shirts, caps, posters as mentioned in past weeks.
Besado Platinum Tequila™ is currently available in Texas, New York, New Jersey, Florida, Louisiana and Maryland.
ISBG Product Placement Recap:
Jermaine Dupri, Bow Wow- "WYA"
If we get follow up news from the last PR, I would expect .002's to come based on what we could be hearing.
What I'll be watching for is a break of the recent highs in the mid/upper .002's. Then we could see a parabolic move from there!
Go ISBG
Rec
Don't pay too much attention to the bid x ask prior to market open. Two of the main active MM's (ETRF and CDEL) rarely show their position prior to market open for OTC.
MJTK has the momentum leading into this week, based on Friday's close at the HOD. So it will likely carry over into the market open.
Let's see where ETRF and CDEL position themselves once the market opens though. And of course, BMAK is one of the market makers many have had a watchful eye on. But BMAK hasn't been too much of a burden the last few days of trading.
Continued success to everyone in MJTK!
Go MJTK
Rec
"Always coming, never here"
And then one day...
Sorry for the past, but look to the future. Pretty sure I'm in the right place at the right time ;)
Go ISBG
Rec
I don't think it will be out of left field...everyone sees it coming which is exactly why the naysayers are out in full force.
And based on the noise coming from the peanut gallery, I'm expecting a beautiful upcoming week!
Go ISBG
Rec
Solid irrefutable due diligence! Thank you for sharing this Neo.
Go ISBG
Rec
"Good luck to ya."
Thanks, you too.
EOM
Go GRNH
Rec