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If they get FDA approval to do interstate sales of CBD...OMG this thing real "REALLY" skyrocket in PPS.
-Jazz
That's around 192 million bottles per year. Let's very conservatively say $3.00 a bottle (although it will probably be higher). That's $576 million dollars in revenue. If those targets are met at the very least we move up a tier or two in the OTC world possibly to OTCQB or even OTCQX on the way to NASDAQ.
-Jazz
What makes you think so Weedtrader? The story in this book is still in the early chapters.
-Jazz
I wonder why today's news hasn't appeared on iHub?
-Jazz
Thanks so much OTC Whisperer! Big things happening here indeed.
-Jazz
OTC Whisperer, do you mind placing a sticky for today's INKW news release? I already have a sticky assigned to my name or I would do it myself.
Thanks.
-Jazz
Here is what I like from today's news:
“With operations running efficiently at our current capacity and the scientific expertise of our Advisory Board, we are positioned to enter the functional beverage market as a major contender,” says Howard....This includes development of hemp-derived CBD products, for which we are uniquely qualified to provide given our scientific and regulatory expertise and the requirements needed to successfully enter the market....With a fully operational plant capable of producing seven million bottles a month, and supply chain relationships that enable high margin product, the company has the ability to be highly competitive to meet the needs of the retailers and distributors we are working with...It means that near term dates can now come into focus for orders and distribution contracts.
MagnumStocks or OTC Whisperer, could one of you please sticky today's news? The other board moderators to include myself already have stickies posted.
Thanks.
For everyone else, board moderators can only sticky one post at a time.
-Jazz
The quarterly report should shed some light. Next my hope is that on or before August we'll get some good information about production and distributors.
That should lead to a nice annual report due out by mid-November. Let's hope we hear some good updates soon.
-Jazz
INKW Quarterly Report to be available on or before June 21:
https://backend.otcmarkets.com/otcapi/company/financial-report/223423/content
-Jazz
Looking forward to some massive PR's coming forth in the near future that should sustain on-going progress.
-Jazz
12 million.
Some of you keep posting the same repetitive messages day after day after day. The information is already in the intro section of this page.
-Jazz
That is absolutely fabulous news Ricky. Thanks for letting us all know about Karen Howard updating her LinkedIn page to acknowledge her status as CEO of Greene Concepts.
-Jazz
I put INKW in the Twitter search box and you are correct. There is a decent amount of discussion about this stock there.
-Jazz
INKW Quarterly Report -
If the past two quarters are any indication, we should see a new quarterly report released soon (either this week or next week). That should offer more context.
https://www.otcmarkets.com/stock/INKW/disclosure
-Jazz
WolfofotcStreet, I know that you mean well but the information you posted is inaccurate. According to the company's Twitter page they will be able to produce 3 million bottles per week not per month:
INKW$ Target acquisition facility has current estimated production capacity of roughly 3 million bottles per week. With room for expansion.
— Greene Concepts, Inc (@GreeneConcepts) November 30, 2018
I've sent a few messages to the company asking some questions. If I hear anything from them I will let everyone know. Hopefully others here will do the same.
-Jazz
Haha. Like Cher says "If I could turn back time!". I wish I could go back and buy $2,000 worth at .0002 and sell at .05. I'd be sitting pretty!
-Jazz
Thanks Weedtrader. I wish I had bought back when it was .0004. I was here but I did not purchase additional shares last year (it would have been around this time last year actually). Good job selling yours so high. Now you get to play with house money for the second go around. I won't be making the same mistake twice.
-Jazz
Only thing I can think of is they are working to complete their set up and inspection so they can be on the cusp of selling and then the news comes. Thankfully we should be at the point within the next few weeks.
My thought is the news will come in a flurry.
-Jazz
Are you still sitting on 20 million shares weedtrader? Just curious. That would be a nice number to have when the run starts.
-Jazz
That would be great to get real hard evidence. Thanks for stepping up like that Ricky. It will be nice to get actual pictures.
-Jazz
Thanks for this information. Agreed that CBD should not be the only company focus (hopefully it is not). Especially with FDA still holding off on full interstate approval of CBD.
-Jazz
Actually the will be able to produce 12 million bottles per month not 3 million.
-Jazz
I just thought about something. What if Ms. Howard's plan once the bottling plant is up and running is to link Greene Concepts and the Organic & Natural Association together or at least have them form a good partnership? She would know what the best products are to increase bodily health. That would bode well for exercise companies and health clubs.
That would be huge!
-Jazz
Thanks for this information PenniestoStacks. Let's hope the FDA moves to allow interstate commerce of CBD in the near future.
-Jazz
It will be interesting to see how many bottles are actually produced. Yes they can manufacture 12 million per month. Will they? I guess it depends on the market demand. If they even manufacture 6 million per month and sell 3 million, that's still moving in the right direction in my book.
-Jazz
.10 by July with news? What does everyone think?
-Jazz
Anytime devil dog.
INKW Intro Box Updated - I updated the company description and corporate share structure area above.
-Jazz
Murdoc I see it now. Snowie is the one who posted the one from February you are referring to.
-Jazz
Murdoc, i_like_bb_stock is the one you want to connect with about that post. I stickied a different one.
-Jazz
Please explain what you mean Weedtrader.
-Jazz
I definitely agree with you 100%. When great ideas come in droves for a common cause, everyone wins.
-Jazz
What product or focus areas would you recommend that the company employ weedtrader to maximize their success? Would you mind mentioning that to us here and then forwarding that to the company at info@mammothventuresinc.com ?
-Jazz
There are definitely many good things happening here but yes I agree with you that the elephant in the room is that we do not see the company officers directly mentioning the company in videos or see their direct support on their personal social media pages (especially LinkedIn).
I sent a message to the company myself about creating a video where the officers directly support and mention Greene Concepts. They support the general industry and overall health but I'd like to see them more directly state their focus and goals via video.
I like the idea of getting investor feedback on a possible product name or design. You might send it via the company e-mail instead: info@mammothventuresinc.com and see if you have better luck.
-Jazz
What would get me excited is if someone posted some e-mail interaction they have had with the company. Or if someone has some marketing ideas or general expansion ideas that they'd like to run by all of us here on iHub, get our take, and then run it by the company to see if they would consider using it. For example if someone were to make a mock-up of Greene Concepts logo T-shirts, cups, pens, or other merchandise on VistaPrint and send a picture of that to the company and share their reaction.
Or if someone has an idea of key supermarkets or gas stations in the North Carolina area that the company might look into expanding. Or even discussing possible advertising strategies the company could use or even developing an INKW Facebook fan page to generate additional interest.
These are just some thoughts off the top of my head. We need something different, unique, creative, and beneficial here on the board like the above. Re-posting of old news is not creative, unique, or beneficial IMHO.
How does the above sound to you Ricky?
-Jazz
One time someone answered that repetitive posting of INKW news was for new eyes that come on the board that haven't been here before. My answer is what they need to know is in the stickies and in the Ibox/intro section above.
It is nice when INKW makes the HOT 50 list but when I see posts it's nice to see new ideas or information. Seeing the same thing re-hashed each day is excessive to me. To each their own I guess.
-Jazz
Re-Posting of Same Comments Each Day:
Hello everyone. Like all of you I want to see INKW greatly increase in PPS from where it is now. That being said many of you re-post the same news each day even though it is already captured in the stickies and description area above. I'm not sure why it needs to be repeated each day in the posts.
If you find new information about the CBD industry and such I believe that is fine to re-post but to re-post the same INKW news each day gets a little excessive. If someone specifically asks about something and you re-post that is a little different.
Hopefully they come out with new news soon.
The above is just my humble opinion. Go INKW.
-Jazz