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Don't know this is all uncharted territory. The Fed is trying to expand credit while holding rates near zero as Americans charge up their cards to purchase the next iPad. Only in America can someone obtain a credit card go on a shopping spree while having zero income and net worth.
Cartoon Land
If the stock can't handle the scrutiny of concerned shareholders it will never hold up under an audit. Buyer Beware
You just happen to overlook the USD/JPY trade. Melting down the Yen to prop up the USD does not make a strong economy. No matter how many stats the fed falsifies folks know this ship is taking on water.
Perhaps you can comment on the trading collars being put on precious metals effective Monday.
http://www.tfmetalsreport.com/blog/6443/comex-institutes-trading-collars-precious-metals
Strong economies don't need crony intervention to stand on their own.
That all may be true but expecting folks to invest in a security that management clearly has no intentions of legitimizing is insanity. Management makes no effort to audit, report and properly disclose any of its activities which in fact is considered a shareholder protection.
With the current trajectory this security will trade on the pinks for a very long time. I wouldn't hold my breath waiting for real investment capital when there are other MJ plays who's management is trying to do right by their shareholders.
Yes those companies have a product too
Their new product line doesn't seem to be getting any media traction:
http://www.prnewswire.com/news-releases/us-legal-cannabis-industry-estimated-to-be-worth-over-2-billion-in-2014-300012059.html
LOS ANGELES, Dec. 18, 2014 /PRNewswire/ -- A recent report in the Washington Post said the legal cannabis industry could reach revenues of $35 billion by 2020. Several companies are emerging as leaders in this industry.
AVT, Inc. (OTC Markets: AVTC) (www.autoretail.com), is a leading technology solutions provider and manufacturer of marijuana storage and dispensing systems for use in cannabis dispensaries nationwide. Through an exclusive manufacturing partnership with Medbox, the company makes these systems available to medical marijuana dispensaries and adult-use retail outlets in states with legal programs.
The company designs and develops technology-driven systems that help dispensaries stay in compliance with regulations, increase security, and manage transparency. AVT also develops automated retailing systems for use outside the cannabis market. According to a recent report on TheStreet.com, "Businesses are seeking more touch points while customers are demanding immediate gratification and this is leading to increased demand for kiosks."
Medbox, Inc. (www.medbox.com), through its subsidiaries, provides patented biometrically controlled medicine storage and dispensing systems to the medical and retail industries. The company offers Medbox, a biometric medicine dispensing machine that dispenses herbal and prescription medications to individuals based on biometric identification primarily for pharmacies, assisted living facilities, prisons, hospitals, and doctors offices. MDBX closed up over 46% at $6.89 on over 200,000 shares traded by the market close on Wednesday.
Bud Genius (www.budgenius.com), is currently negotiating exclusive product endorsement and licensing deals with celebrities, stars, entertainers, and other household names. CEO Angel Stanz said, "From McDonalds to Rolls-Royce, the power of branding has been proven over and over again. We are bringing this power of branding to the cannabis industry. Bud Genius will also add non-THC products to its sales distribution channel, including celebrity branded hemp products, hemp infused edibles, and consumption devices. The company recently completed a stock repurchase, lowering its outstanding and authorized shares by about 5%.
ABOUT US:
Money-journal.com monitors and analyzes the stock markets for signals of movement, as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals, www.money-journal.com brings the news that matters to investors in a timely manner.
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RELATED LINKS
http://www.autoretail.com
Dumb and desperate is my guess
Yup its a lonely road trying to explain to someone that USD's are not really money. I almost got sent to the looney bend a couple times myself
The WIPO doesn't indicate anything has been cancelled. What reference are you using that leads you to believe this patent has been "canceled". TIA
http://patentscope.wipo.int/search/en/detail.jsf?docId=WO2012094597&recNum=5&tab=PCTDocuments&maxRec=42&office=&prevFilter=&sortOption=Pub+Date+Desc&queryString=ALLNUM%3A%28020486%29
You either have money on the table or you don't. If the company closes a solid equity deal shareholders will likely do well. If its a shady debt deal then they lose simple as that.
The size and scope of the offering will be telling but to your point the term "acquisition" makes me a bit nervous because the company isn't exactly stacked with cash. However there are a number of ways to skin this cat and we really don't know a lot at the end of the day
Yes but he can also entertain real investment capital for longer term growth. Assuming this is still in the cards per management discussion in the financials
Who knows what the future brings which is why I averaged down in an effort to minimize risk. The narrative sounds right but as you know it's all speculative until a deal is done
Yes but he can also entertain real investment capital for longer term growth. Assuming this is still in the cards per management discussion in the financials
Who knows what the future brings which is why I averaged down in an effort to minimize risk. The narrative sounds right but as you know it's all speculative until a deal is done
Bahahaha are those his daughters? Damn Daddy did well!
I like the Sunshine Mint but I also come from the camp that chases the melt value rather than the numismatic. Imo you won't go wrong as long as it's truly .999 bullion. GLTY
This thing looks like a dog that chased too many parked cars. They really did a doozy on her didn't they? Buy em up boys the nightmare is warm and there's blood in the water!!!!
He loos like the next Manchurian candidate to come off the assembly line
Assuming there's a workable revenue model and in light of the latest recapitalization of the stock the next step would be to shop this model for financing. If their ducks are lined up appropriately then management should not need a "shareholder group" as there is an accredited investor on board.
Lots of assumptions but this is typically how the process works. If they have the goods one investor can fund this venture through equity rather than debt. They just need to catch the eye of a savvy banker to help sell the deal.
Truth be told this should already done and ready for kickoff imo. We shall see ;)
12 cos. verified for the #OTCQB venture marketplace today. Welcome $ACXA $ARHTF $CIIX $DMPD $FCCN $LUVU $LYRI $MEME $PMXO $PSMH $SWRL $VEND
https://mobile.twitter.com/pmxgold
The first 100 companies were accepted into the QB Venture Marketplace this fall. The ones that don't make the cut will be traded on the pinks. Finally OTC has gotten its head out of its ass and put together a pond of transparent guppies for real investor capital to fish in. It seems the venture stage is being modeled after the TSX and imo it's long over due. http://www.otcmarkets.com/stock/OTCM/news/OTCQBreg-Venture-Marketplace-Reaches-100-Approved-Companies?id=87703
PMX still gotta commercialize a product but this security just got a little more shine
Apparently they do
For anyone like me that wants a better explanation of the OTC Markets restructuring:http://hosted.verticalresponse.com/327098/595f8d418d/318056815/90a8b32497/
Announcing Changes to the OTCQB Marketplace
New Bid Price Test and Company Compliance Process
Rollout to Begin May 1, 2014
Summary
Beginning this year, OTC Markets Group will roll out new eligibility standards for the OTCQB® Venture Stage Marketplace. To be eligible to trade on OTCQB, companies will be required to meet a new bid price test, provide additional information, and submit an annual OTCQB Certification signed by the company CEO or CFO.
Companies will also be required to submit an initial application and pay an annual fee for OTCQB, which will now include Level 2 Quotes and the OTC Disclosure & News Service. We expect that companies that do not either meet the new OTCQB standards or qualify for OTCQX® will continue to be traded by broker-dealers on the OTC Pink® marketplace. This letter is to inform you of these changes and explain why we are creating new requirements on OTCQB. Please take a moment to read this important update.
Evolution of Our Marketplaces
OTC Markets Group (OTCQX: OTCM), operates three public marketplaces for 10,000 U.S. and global securities. OTCQX is our best marketplace for established global and growth companies that can meet high financial standards, OTCQB is our venture stage marketplace for early and developmental companies, and OTC Pink is an open marketplace for brokers to trade in all types of securities without requiring involvement of the company.
Seven years ago this month we launched OTCQX. We created the OTCQX qualification process to provide a public market for established companies to provide their shareholders with informed and efficient trading and demonstrate their trusted reputations. OTCQX has delivered tremendous value for hundreds of global and growth companies and has also been used as a successful springboard for companies to achieve an exchange listing. Recently, we published new OTCQX rules that we hope will work even better for SEC Reporting and Bank Reporting companies. They require more timely information for investors, and a streamlining of the third-party sponsorship process.
Our middle marketplace, OTCQB, has replaced the OTC Bulletin Board (OTCBB) as the preferred marketplace for broker-dealers to electronically trade in SEC and Bank reporting companies that have not qualified for OTCQX. There are now over 3,000 securities traded on OTCQB with an average of 10 market makers per security. But while OTCQB has improved the broker-dealer experience in trading these securities, we have heard from company executives and investors who would like us to improve OTCQB for them – to make it a better venture stage marketplace.
To do that, we must create standards to improve transparency and exclude companies that are most likely to be associated with stock promoters and other nefarious operators. We also need to improve the information and level of engagement companies have with their marketplace.
A Venture Stage Marketplace
Our goal is to make OTCQB a real venture stage marketplace here in the U.S., similar to the entry level markets of the TSX Venture in Canada and the AIM market in London. These international markets serve a group of early and developing companies that are not yet ready to qualify for the higher financial standards of a top tier marketplace, yet still benefit from a well regulated market with information and verification standards. Our top marketplace, OTCQX, will still be the best choice for companies that are not penny stocks, can meet high financial standards, and undergo a qualitative review.
In a recent survey, we polled corporate executives who run companies traded on OTCQB to ask what they would like to see improved on their marketplace. Those survey results are available here.
Overwhelmingly, CEOs and CFOs of OTCQB traded companies believe that low priced shells and stock promoters make OTCQB a less attractive marketplace for investors and hinder their ability to attract a wider group of potential shareholders. Nearly every CEO respondent agreed that a marketplace with moderately high standards is ideal compared to a marketplace with either no standards (OTC Pink) or very high and costly standards (NYSE or NASDAQ). A majority also indicated that it would be worth paying a reasonable fee for an improved marketplace with better standards and added services.
When we asked what new requirements would make OTCQB a better marketplace, the top five most popular responses were: (1) timely disclosure of material information, (2) verification of reporting status, (3) verification of shares outstanding, (4) disclosure of promoters, and (5) disclosure of shareholders. Company officers also indicated that Real-Time Level 2 Quotes and detailed trade data would be useful upgrades to the marketplace.
In response to these requests and our survey, we will implement new requirements with higher standards and more reliable information for investors.
New OTCQB Eligibility Standards
We will be implementing a one penny ($0.01) bid price requirement which is intended to remove companies that are most likely to be the subject of dilutive stock fraud schemes and promotions. Any company that has traded below a penny for any length of time is not creating value for its shareholders and is therefore more appropriate for the open OTC Pink marketplace. This new requirement will become effective on May 1, 2014.
We are requiring that each company verify via an annual OTCQB Certification, signed by the company CEO or CFO, that their company information is current. This will include information about a company’s reporting status, company profile, information on management and boards, major shareholders, law firms, transfer agents, and IR / PR firms. Investor confidence improves when there is more information about a company’s ownership structure, professional advisors and service providers. This certification will be required for any security newly qualified to be publicly quoted by a broker-dealer under SEC Rule 15c2-11, or when an OTC Pink traded company becomes a current SEC reporting company, beginning May 1, 2014.
For companies already traded on OTCQB, we will roll out the annual management certification requirement throughout 2014 and 2015 based on a company’s Fiscal Year End ("FYE"). The first set of certifications will be due by July 31, 2014 for companies that have a FYE of March 31, 2014.
Also beginning May 1, 2014, we will permit International Reporting companies to upgrade from OTC Pink to OTCQB if they publish their 12g3-2(b) compliant disclosure on our website and verify their company profile. This will give international venture stage companies that cannot meet OTCQX financial standards the ability to join OTCQB and provide their home-market regulated disclosure to U.S. investors.
There will be an annual fee for the OTCQB marketplace of $10,000 per year and a one-time $2,500 application fee. These fees are discounted for current OTCQB companies that apply in 2014 to $7,500 per year for the first two years, and the application fee will be waived. Companies that are not currently OTCQB companies will be required to pay the standard annual fee and application fee.
The OTCQB Fact Sheet includes more details on the new requirements and the timing of the rollout.
We are confident that the improved OTCQB marketplace will be a much better option for engaged and investor-focused venture stage companies. The added transparency and minimum standards will be a welcomed improvement for investors, broker-dealers, company advisers, regulators, company executives, and shareholders.
For companies that do not wish to be fully transparent or engaged with their public market, we will continue to operate a marketplace for brokers to trade in these securities on OTC Pink.
Please make note of our upcoming events where we will be discussing changes to the OTCQB marketplace:
At first glance I thought your post said "Wolf of Weed St". I follow his Twitter feed at times as he seems to have a thumb on the pulse of the mj sector. Then I saw him post on the AG board asking someone to dd the stock for him?
Whatever floats ones boat I guess right? I keep an eye on VAPE CBDS GW Pharm and a few others but there are really no front runners materializing as of yet. No doubt wolfy knows the bud but man he needs to shore up his finance skills and stop sniffing around the garbage. Nothing good will come out of that mess until the stock is recapitalized and management aligns themselves with shareholders.
Grassroots my friend!!!! GLTY
At first glance I thought your post said "Wolf of Weed St". I follow his Twitter feed at times as he seems to have a thumb on the pulse of the mj sector. Then I saw him post on the AG board asking someone to dd the stock for him?
Whatever floats ones boat I guess right? I keep an eye on VAPE CBDS GW Pharm and a few others but there are really no front runners materializing as of yet. No doubt wolfy knows the bud but man he needs to shore up his finance skills and stop sniffing around the garbage. Nothing good will come out of that mess until the stock is recapitalized and management aligns themselves with shareholders.
Grassroots my friend!!!! GLTY
Insiders selling discounted shares company financials tell all
A rising tide floats all boats:
What Do They Know? CME Implements Gold, Precious Metals Circuit Breakers Up To $400 Wide
http://www.zerohedge.com/print/498999
Wikipedia eh? That's about as reliable as the AG financials that shareholders don't seem to know how to read. Sorry dude it doesn't change my .02 avg keep digging.
Private placements need an exit strategy the financials tell all. Mergers are not free and folks are being paid through the issuance of shares that are ultimately dumped on you guys
Buy the dips and sell the rips. GLTY
I agree there will be significant pressure on our muni markets should this transpire. Thanks for sharing bass
Did you happen to notice the S&P and UUP are now tracking one another on the hour chart? Can you or someone else verify this when they are able?
Lol I saw one fall off the vine the other day but unfortunately he expired before he hit the ground.
Nope but thanks for sharing
I don't know the sector seems to be pretty quiet for the most part. I can't help but think investors are waiting to see where Berkshire ends up if in fact he's gonna dip his toes this early.
Whoever and whenever this happens those shareholders will be a bunch of happy hombres. VAPE shareholders got kicked in the nads with this latest round of debt restructuring. Anyone else got something worth looking at?
Moss be growing on this rolling stone
I don't know the sector seems to be pretty quiet for the most part. I can't help but think investors are waiting to see where Berkshire ends up if in fact he's gonna dip his toes this early.
Whoever and whenever this happens those shareholders will be a bunch of happy hombres. VAPE shareholders got kicked in the nads with this latest round of debt restructuring. Anyone else got something worth looking at?
Moss be growing on this rolling stone
Re VFIN: Toxic lenders dumping heavily discounted shares into the run
""The timeline for the deployment has been calendared to coordinate with the busy season ahead of us" was something we pressed a few months ago and we are still on target. PMX is not launching someone else's OEM vending machine and understandingly we do not expect everyone to be an engineer but this is a process and not overnight placements.This week we have teleconferences with a group in the SW who is considered "king" to the industry and have been crossing paths since April."
http://myemail.constantcontact.com/PMXO-PMXGOLD-NOVEMBER-UPDATE.html?soid=1104106720692&aid=PVQxlHoCpAc
"I can tell you .20 at this level is going to be a bitch for them to achieve!"
Yup with the lack of disclosure by the company you would be correct sir. Reaching the 20 handle is not doable imo without a paid pump or proper disclosure in the form revenue guidance to shareholders and the investment community
Liberty Dollar founder avoids imprisonment in sentencing
"It's said that the judge observed that von Not Haus' motivation with the Liberty Dollar was philosophical rather than criminal. It's also said that the judge ordered the federal government to return to its owners the millions of dollars of metal held by Liberty Dollar for its clients."
http://www.silverseek.com/article/liberty-dollar-founder-avoids-imprisonment-sentencing-13866
Looks like the govt is gonna have to purchase a little bit more metal in the future because I doubt they even have his
Did you see the picture of the pick up and the story in the parking lot of the "hoity toity woman".....it's the funniest damn thing I have read in a long time. You gotta read it if you have not
All politicians are mentally until proven otherwise. Sounds like a much better strategy going forward
Amen brother