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Here's the Goa site and client list for anyone else..
Thanks for DD mention bow-tie
http://www.signifi.org/contact-us.html
http://www.signifi.org/about/our-clients.html
I just agreed with you while you were typing...and am leaning towards that as the most likely scenario...
I think Signifi knew they wanted to do this a long time a go and have been preparing. They found their company to enter the u.s. market through and since then it has been on UNGS to get the company into a cleaned up shell status. This is just as likely if not more than any other scenario...for all we know the machine was designed before Signifi even met UNGS...
Also, did your enthusiasm change because of VG's exit or what was your tipping point? I'm still very enthusiastic about this...
I totally hear you and thanks for clarifying the production relationships. I watched that video a while back and was impressed. I was a process engineer myself for some other publicly traded companies and understand the difficulties in developing a production line. However, there is a general vagueness that is disconcerting and cannot be ignored...but it also does seem to be somewhat on purpose. Why? I don't know, and wont try to read too far into it but you do have a totally valid position. I do attribute some of the ambiguity to the idea that anything Signifi may have developed for this endeavor wouldn't be able to be fully disclosed to us until the complete parameters of the Signifi/UNGS relationship are established and disclosed first. I'm curious to hear how long you think this deal has really been in the works. It might say something about what they could have already accomplished behind closed doors...
Ok, so do you not think they have already developed the machine and will begin sales with a launch next week?
Not saying you should but, I am under the impression that they are trying to leap frog past the other mj vending machine companies. ERB*, for instance, took a long wind up before releasing theirs and it came across as them doing something they had no experience in. Plus lots of prototype pics and talk that had nothing to do with the finished product. Whereas with Signifi we know they at least could have pulled off a complete design and development in a fraction of the time these other guys can do it in. This is their bread and butter...I am wary but don't think it's impossible at all. Do you think that is a valid possibility for next week? A real deal launch vs. a carrot on a stick?
I agree, what a corner we're about to turn! They say they will be selling machines this week, and we know what it takes for them to be able to do that in any capacity.
And if you were right companies like these would have been in trouble already:
http://www.budind.com/
http://www.budplant.com/
Here is a clue.
The name is Budweiser not Bud.
The brewers last agreed on a global settlement in 1939 in a pact that gave Anheuser-Busch sole rights to the name Budweiser in all American territories north of Panama. But the peace did not last long as the two companies expanded exports to new markets.
When the companies do not have exclusive rights to the Budweiser brand in a country, they resort to using slightly altered names. AB Inbev sells its Budweiser as Bud in many European countries. Budvar sells its lager as Czechvar in the U.S.
http://www.usatoday.com/story/money/business/2012/12/18/budweiser-budvar-dispute/1777097/
So, what does everyone think about the claim that, regardless of the structure of the company (merger or licensing), the MJ vending machines will be seen next week and sales of those machines will begin? I think its pretty groovy...
"With the initiation of sales of the Company's cannabis dispensing product, we felt it imperative to find a name that marketed the Company's concept while providing an avenue for future brand recognition, The launch of the Bud Bank website and initiation of sales is a monumental day for the Company and shareholders."
The Company's two websites will be live the week of August 11, 2014. Sales of the Company's new cannabis dispensing product will be initiated upon launch of its website.
Awesome response. I think you are spot on with all of your L2 observations as well as I have been watching closely. You summed up the point that we are at now with great foresight into next week. I guess time will tell now, but again thanks for the great clarification...
Great insight but I've been assuming (probably incorrectly) that they had at least gotten close to converting everything by now. I mean, do they have to finish converting everything for the "shell" to be "cleaned up" and then for the merger to go through? Could they have made the same assumption, in that they thought they would be done converting by now but the lack of overall volume and confidence in the mj sector is slowing progress? Lastly, in light of any of this, could more volume be the key to getting the merger finished?
Thanks
An ihubber vs. UNGS:
Is this a joke?
My gut agrees. Although my chart broke today.
Or is what sgnifi does just not technically any of our business until they've merged with UNGS? So, UNGS would be out of line to tell us any of that sort of development?
Ok, so why would the other two companies be kept in the dark though? That's what I keep wondering. What's the benefit to any of the involved parties or shareholders by making the merger seem simpler or smaller? I think the deal makes sense for all 3 and UNGS, are you thinking that there is a private merger between aureco, intos, and signifi with signifi maintaining controlling interest and then merging with UNGS (being acquired but gaining control)?
If you don't mind me asking: Why have I heard some respectable folks say, regarding other mergers, that the pps is negligible before a merger in general is finalized? How does that make sense?
United Nations Goes Short?
Same here, no more drinking n posting. My math was so off in last post. Dollar volume not 65% of mkt cap, but you get my point, more buying...
I totally agree with you. What do you think of the fact that the dollar volume in one day today was 65% of the company's entire market cap? That volume has not been abnormal lately but the Mkt cap is under 800k now and was only 1-1.5 mil with built in expectations. There is a very substantial lack of buying for the level of attractiveness that this stock has when compared to other otc stocks and specifically mj plays. Seems like all of the buying or even trading in general for this stock could easily be attributed to only this message board. My expectations too high?
To say this pps drop was due to the merger not being finalized by midnight 7/31, is to assume that a lot of people or a lot of money didn't already know that it wasn't on schedule. That does not seem very likely to me and the only real dumping was right after the open this morning. Yes, seems orchestrated so I picked up more 0015's. I know this isn't totally logical, but to just correlate coinciding events, it seems like the r/s over at BAY* scared folks over here too, or fear aside, affected our stock in some negative way. I thought the quick implementation of the r/s over there was another positive step towards our goal here at UNGS, but chronologically the two events really were just about simultaneous. Any thoughts on this anyone? Could any of the confidential terms of the asset sell off have procured this drop in pps? Final company dump off before merger? All opinions appreciated...
They can only borrow that which was bought with margin money, AFAIK....cash is king.
I hope folks are just getting powder dry because I have a hard time believing that there are that many scared people. Where is the gamblers volume at least?
Wakin' up to a big bowl of Silly O's!!!
Same here. I wasn't as concerned about the credibility of the other guys as much as some others but there can always be hang ups. Thanks for sharing all that DD.
U Now Get Silver
I hear u. I can dig it. Did you notice the 2nd logo change on their otc profile page? No more "wifi" signal in the logo.
I hate to bring up the elephant in the room but the lack of confidence seems to not just come from waiting on a pr but more so from skepticism towards BAYP or that leg of the deal in general. Any thoughts anyone?
Flex, IMO, the daily trend lines are holding just fine. Also, IMO, the daily chart has a big wedge ending 8/14. My otc markets page wont load for some reason today but aren't their filings due by the 14th or 15th?
Do folks here know that a bill making low THC/high CBD-hemp oil federally legal is being voted on this coming Monday and is expected to pass with flying colors? Hemp oil is looking uniquely good right now...
There is a different Logo for Sylios on OTC markets now...
page will barely load for me though...
http://www.otcmarkets.com/stock/UNGS/profile
Gap left over on daily chart from 2/4-2/5. .0149-.160...filling?
60 min-Accumulation/Distribution is down from 90 mil to 80 mil in just the last candle...
Right, but it will have to have been above a penny for at least 30 days before qb. So not too far...
http://www.theweedblog.com/senators-press-obama-administration-on-marijuana-policies/
Good Stuff
ERBB On like Donkey Kong!
Totally agree, I'm responsible for 30% of the total volume today. Folks must have wet powder? The more bored I get, the more I keep dismantling my other stocks for this...crazy. U N G S...
You can see the reference to a time of public filing in bold...
Agreement with Sylios Corp for the purchase of certain oil and gas properties located in Wayne County, West Virginia. Included within the assets being purchased are 125 oil and gas wells, testing facilities and a 22 mile gathering system within 12,000 acres. The terms of the Agreement are being treated confidential. The transaction is scheduled to close on or before July 30, 2014. The filings will become public soon after the close date.
Last one, sorry, too much coffee, but check out this video of a guy with parkinsons smoking a joint and what happens, its been around on youtube, but its the truth, enjoy!
http://brokebusters.com/man-parkinsons-able-drive-cannabis/
And in case you haven't seen this device yet, you will probably be interested. I posted it a while back, it was also crowdfunded on indiegogo.
https://www.indiegogo.com/projects/mydx
Nm, if you've already seen this...