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This is such a POTN repeat. We had the exact same conversations there about this kind of thing...recent history will tell you how that ended for the MMs...
Good man! I’m up to 289k total shares, trying to be patient and buy my way up to 500k...we’ll see...
I love these kinds of questions!
Current Market Cap is ~ $3 million, so I think of it in terms of that and work backwards to price...
A $30m market cap in this sector is reasonable if they can prove some success with Cannanet.tv...
If they pull off an ICO as speculated on here, I think a $150m market cap might be possible, so working backwards, I could see a range of $.10 to $.50...IF they execute their vision...promises without execution are just daydreams...but CEO Tom has the experience doing this before and the connections, so I’d trust him vs. someone would was an old boat dealership or something and said “I want to get in on the MJ craze”....
Whoops meant to type 50k shares, not $50k shares...I’m a small fish, not a great whale!
Congrats! One day you will join the millionaires club!
TD Ameritrade keeps rejecting my buy order. Any idea why? Trying to hop on board...maybe Boots and Coots works at TD Ameritrade.
Grabbed $50k more cheapies here might grab more but trying to be patient to .01, but even with the MJ drop today it won’t go below .011...feels like a floor??
In my mind Cali was already pretty much priced in by 1/1/18. It wasn’t a surprise that it was happening and markets price known news almost immediately. The run up in early 2018 was late money IMHO. Next catalyst will be congressional changes, other states, etc.
Is any news driving this recent run up?
I’m actually under the personal belief that bitcoin and the like are at the tail end of an asset bubble and about to trail significantly lower...as such i believe INMG should jump very quickly on the ICO train if its going to at all...aka get the money while the getting is good.
Put another way, if Tom thinks ICO’s are the way he needs to try now or never...of course just IMHO
Wait you’re saying the extractor hasn’t been delivered to HMPQ yet??? I don’t believe that’s the case...its been delivered to them but is just not up and running right?
Wow 7.7 million shares bought at .0097!!
I’ll buy .01’s all day long for a company about to launch major new operations...
If we had more BizManCali’s and fewer Boots and Coots this would be a much more enjoyable message board to spend time on. Lets let rational thought prevail.
I’m assuming most here have a fairly low cost basis...if you haven’t gotten it down near .01 at this point that’s your fault.
So lets give it some time to mature...it took Netflix 15 years to become what it is today, yet if we don’t get a bunch of PR’s every 15 days the sky is falling.
Let the business develop. I am developing a well priced position and then I’m going to sit on my keyster and wait...downside at .01 is extremely low given the upside, and all that I want from my stock is low downside risk and high upside potential...check that box here on INMG at this price!
I’m good to go...now everyone else, sit down, shut up and enjoy the ride.
They have these cool things called trucks which can drive the materials from point A to Point B
SR thank you for all that you are doing in promotion and advancement of this stock. Now is the time to stay resolute as it will be all the sweeter when you are ultimately proven right.
It’s time to sell.
Please lower your expectations until proof of performance on the new website is shared via press release. Before that it will remain in the channel, and I will be accumulating. If you’re not ok with that sell and buy back in at the bottom of the channel. Otherwise please stop this incessant chatter.
I’m loving this because it’s allowing me to accumulate my core position at MUCH better prices! Would love to see trips because it will let me average down.
I chased a bit two weeks ago so I am going to accumulate over my core position and then flip some when it moves up in the channel. I am good to go!
SR have you shown this LBRY concept with its coins to Tom and shared with him that vision for INMG in your discussions with him...its makes sense...does he see that potential?
Unless SRs information is a total and complete lie this is very exciting news. At a $3m valuation is there anything close to this kind of upside potential that hasn’t run 400% already?
For me it’s worth a $3-5k dice roll for a shot at $100k. To me the downside of wrong is maybe $1k-$3k (I would guess this goes to .005 if this is just a Pumpers Fabrication).
Can’t we be just a little bit patient with those kinds of odds on a brand new website? If you’re here you already missed the MJ run way too much risk in other stocks in the sector at these prices.
I will give it at least 6 months patiently.
Why is this a good MJ company? Where are their financials or any update in months on their operations.
Ok fair enough that works for me. To your credit it was your DD packet in sticky that convinced me to increase my position from 20k to 240k shares and it was very fact based...it’s just you’re the only poster on a board I’ve seen that talks to the CEO of the company. That is a big deal so I wanted to understand further.
Yes but I’m not asking any other long here, I’m asking you...what is the nature of your relationship with Tom...or are you Tom?
Until you disclose that I will take all your information with a very large grain of salt...and will likely stop promoting this stock to others as I don’t want to promote a Pumpers Paradise stock.
Well played sir!
Read my posts on POTN...days before it took off all the Board was bashing the stock and some of the Longs gave up and sold because the stock was going nowhere and I warned them about the “Murphys Law of Capitulation”...when everyone gives up, the stock takes off after the final shake up.
Sure enough two days later it took off.
So to cite POTN is revisionist history. pOTN was more frustrating than this stock but patience was key.
Ok thank you. May I ask how you know him?
This is potentially a great update, but, with all due respect, how do we confirm the accuracy of what you’re saying? How do you know Tom? How do I know you’re not just a stock pumper, etc...this may all be well known to others but I am relatively new so curious.
Agreed! They haven’t even had an opportunity to report 1 month of operating results under the new website. We are at an extraordinarily early phase here. To give up now when we are seeing TD Ameritrade and other ads on their videos is NUTS to me. How impatient can you be?
I love that it’s giving me time to analyze, assess, and buy my position on my terms vs frantically chasing. pOTN did the same thing as this and right when people gave up and sold it rocketed up 400%.
Nibbled up some more at .0135 just now...once my .012 order gets filled I would like to see this thing run!!
Just got my 001 order filled after weeks of waiting. Where do folks think this could go price wise?
Agree, and I’ll say it again, I’m seeing TD Ameritrade commercials ALL OVER content videos on Cannanet.tv...its even on the “High Times Swimsuit” video...
...This means TD Ameritrade is an official advertiser on Cannanet.tv...this is HUGE! This to me is the biggest news I’ve seen so far on this company...its not “Joe’s Pot Farm.com” here advertising 15% off bongs, its a legitimate company here that paid INMG to advertise. In a way it means a major American company is endorsing the content on the website right? They must have checked before advertising...you don’t see TDA on porn sites and so forth or so I’m told.
Now Tom goes to other major companies saying “I’ve got TDA advertising here, etc, etc, etc”...
This just put me all in on this stock more than any other DD I’ve seen.
Am I overreacting??
Ok just went to the site (very fast) and tried to watch the Michael Jackson Unauthorized Documentary...
It started with a TD Ameritrade commercial and as I scrolled forward through the video would keep popping up TDA commercials (short ones) between each scroll forward in time...
So my question is, does this mean that Tom has worked with TDA and they’re now an advertiser on Cannanet? That’s a big name to be popping up on a video on Cannanet....
I think there’s great potential in the “educational” content aspect...
Basically a lot of mom and pop entrepreneurs are going to want to get started in the MJ industry and to the extent that CannaNet.tv becomes the educational epicenter on all things MJ: stock investing, growing, regulations, banking, crypto currency, etc. you will drive a whole group of users on a need basis...you could even start to segregate content and upcharge for certain content (like a MasterClass style format)...And this upcharging might be where the ICO tokens come into play...
Speaking of Netflix:
Netflix Inc. was a $300 million e-commerce startup when it became a public company 15 years ago.
It’s now a $90 billion streaming giant, delivering a billion hours a week of video around the world.
Obviously this will never be Netflix but lets say it scales proportionately...so this is a $3m e-commmerce startup, how long do we think it will take to be a $900m e-commerce company? That would be a $4.71 dollar per share target...
How long do we think it will take to get that 300x return (aka turn $1,000 into $300,000?). A $900m valuation isn’t outrageous in this sector...will take some time, proven performance and improved content but I think could be years not decades away...thoughts?
Ridiculous point. This is a play on the CBD extraction new business which is starting not on the rolling papers. I buy at .01 only. Limited downside great upside.
I see a POTN repeat. Locked in a channel for a long time and then when it moved the move will be sharp and fast.
But you have to buy the tokens in crypto currency?
Ok thank you!
I’ll throw out a number then in terms of growth...$4 per share...250x return from current price...$1.1Billion valuation.
Is that thinking too small or is my heads to high up in the clouds...
What is the price per share folks are loading up at now? I wish I bought more at sub-penny levels, but have a 1.5 cent cost basis...I think 1.4 cents or under is a buy and 1.2 cents like a few days ago is a load up...
I’m starting to get real excited about this stock!!
Thanks! Basically I’m trying to decide if I should buy 20,000 Budbo coins as a speculative investment to flip/sell later...new to this area...