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Jumped for a few milly today..
Great news here today.. Company honestly making strides to improve itself.
How about that dnax news... Jeez...
Newly Formed Dutch Gold Subsidiary, Ascendant Analytics, Inc. to Launch Consumer Potency Testing Product
ATLANTA, GA / ACCESSWIRE / June 4, 2014 / Dutch Gold Resources, Inc. (DGRI.OTC), an emerging financial services company serving the medical marijuana “MMJ” industry, today announced that it has formed a new subsidiary, Ascendant Analytics, Inc. (AAI) which will produce and market a consumer potency testing kit for MMJ. The company anticipates the kits being available to consumers by year end.
According to the Marijuana Business Factbook 2014, 66% of all MMJ consumers believe that it is important to test for potency of their intended purchase, and 64% believe that it is important to test for safety. According to the same publication, the average annual consumer spend is $1,869 per year with the average consumer visiting a retailer three times per month.
The Company estimates that the market for test kits, priced reasonably to the consumer, could be seven to ten times the revenue of commercial MMJ laboratories, estimated by Factbook to be between $15 and $20 million this year. AAI intends to approach the retail market first, before expanding its product line to include other possible markets verticals.
Daniel Hollis, CEO of Dutch Gold Resources commented, “We have been evaluating this underserved market since early March. Our findings have lead us to believe that there is, and will continue to be, considerable demand for a reasonably priced consumer based retail test kit. Not only do we believe there significant consumer demand, but we also foresee heightened demand from manufacturers of edibles as individual states begin to demand batch testing.”
Hollis continued, “Our review of certain scientific data has given us cause to believe that AAI has the potential of uniquely serving both markets.” The Company expects to move from the current scientific prototype to a working prototype in order to test production in its third quarter of 2014, with commercial production expected by fourth quarter 2014.
Great news today! Price soon to follow!!
Hard to believe things are soo slow on such great news...
With yesterday's close, I'm fairly certain we break . 002s today... Let's hope for a catalyst and who's knows... Weeeee
The recent news from the Feds regarding who the dea is allowed to target is huge!! This will be good for mj related tickers.. Dgri has had consistent news and the lack of diluting mm's is a very refreshing sight... Let's just hope it stays that way!
I would be happy with a flat close..
Morning dip... Yaaaawwwnn
A par sar flip will bring in some ta peeps ...
Today should be a good indicator of where we're going.. Considering it was a holiday week it's held up ok... Peeps remember it is Friday so a few may need there beer money...
5% down a bad day lol? Gtfoh come on man... If we see a 50% retracement then we can talk.. Smh glass half full here..must be bitter about them soxs.. Jk I'm a cubs. Fan!
Higher highs and higher lows.. I know which way this will go... Weeee
Dgri moving nicely again.. I've played it a few times.. Pending mmj crowd funding news.. Website supposed to go online June 20... Seeing how a lot of plays usually build up going into a set date, it could see some more significant moves...Chart looks good and they have been fairly consistent with news... Might be worth a look..
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Dgri had decent breakout today with plenty of room on the chart to run, plus no dilutive mm to deal with weeee
Mr. Gorbachev, tear down that wall!!
The wall has been breached! She's going north! Onward and upward..
We break 14 and it's on like donkey kong...
Chart setup similar to last run
Breakout coming... But I'll take a slow and steady march north too..
Great close today on great news..
Great pr today!
Ready for the move north this week ..
Man those were some good times... I would love to see some peoples pnl on that.. I know personally I left a decent amount on the table.. What eves
She looks great today! Let's keep it up!
I didn't say which way it would run weeee!
Eod run .. Mark it down.
Dip and rip... Btfd!
Great news!
Gold medal penny stocks sent out an alert yesterday on dgri
Seeing a lot of alerts on various fb boards for dgri...
Hey how's everyone been?
Solid day
Batton down the hatches!!