Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree - Shorts and sellers should take note of this, so obvious today watching his 10k bid absorb over a million shares at this recent intraday low...CANT bidding now...fireworks are coming
It will, too much dollar volume traded over the past couple of weeks, plus CMF shows accumulation turning up.
Next move will be much cleaner IMO
SELLERS TODAY WILL BUY LESS SHARES ONCE THE CHASE IS ON.
Lmao! I don't need your panic theory
MJTK will be fine...
NITE absorbing a ton on the bid...
Anytime now...this thing is going to trade much cleaner going forward once we kick off the next leg
Gonna add more down here.
Ok ok...had to add some more...
MJTK don't let us down
Exactly. Shirts better be carefully knowing the dilution is likely over for now...demand exceeds sellers and we continue the run to multi-pennies and possibly nickels IMO
Too many manipulators trying to artificially bring the price down to load, not realizing they're creating more selling pressure....
Low volume...not bad, churning nicely
Company drops news and this heads for .02 IMO
$MJTK
Hey, it's been a while...Hope all is well bro!
Churning nicely Neo! $EDXC will be a mover once again, just a matter of time!
Nice action here today!
$MCOA
VATE will have its day
Don't dump into that bid, make ETRF pay more!
I'm betting we see a nice juicy PR Monday morning...nickel run still to come IMO
Holding up well!
$MJTK
Lower volume and we are green.
Looks like sellers are getting tired.
$MJTK
That's house flipper IMO - Gotta take his shares away and cover his bids.
Need a push here and the volume will pick up.
Go time!
Insane manipulation going on...this is getting interesting
MJTK Daily Chart:
http://schrts.co/B6M2zq
Double bottom off the 13EMA and tapped the middle BB/20MA...RSI at 52 and CMF showing accumulation of shares, not to mention the massive spike in volume...I think she's ready.
Looks ready to go friends
$AGTK is way undervalued down here
Premarket buy for 10k at .01 and some big T-trades from yesterday...
Still early, but L2 is looking mighty fine today!
$MJTK
The reversal started yesterday...we consolidated nicely below the upper BB and almost tapped support at the 20MA
CMF shows continued accumulation and Volume doubled the previous session while price action completely turned around intraday as investors gained more confidence now with debt practically gone.
Bulls are in control.
.015+ close today IMO
$MJTK
Let's go EDXC
ETRF is trying to a big boy...gonna get smacked hard soon.
A few mm's trying to hold this back...
She's going to rip hard soon.
Churn through these .009's and we bust a big move north of a penny.
More buyers coming in All about who you know...train is leaving
Calling in whale support
She's gonna rip here!!
Big shift on L2...multi-penny coming
NEWS! CannaSys, Inc. Retires 90% of Aged Debt
Source: InvestorsHub NewsWire
CannaSys, Inc. Retires 90% of Aged Debt
Company Reenergizes Balance Sheet, Liquidity in Just Few Short Weeks
Denver, CO -- January 26, 2017 -- CannaSys, Inc. (OTCQB: MJTK), a leading marketing, branding, and technology company focused on the regulated cannabis industry, today announced it has retired most of its aged debt, promissory notes, and personnel liabilities in a strong effort to reenergize its balance sheet amidst improved operating conditions.
On December 22, 2016, the Companys Registration Statement providing for the registration of approximately 57 million shares of the Companys common stock to be purchased and sold by Kodiak Capital Group, LLC, became effective. In that filing, the Company reported $456,094 in convertible notes payable and notes payable of $179,717 as of September 30, 2016.
Since December 2016, CannaSys has retired approximately $140,000 of the notes payable and 90% of all aged (older than six months) convertible notes on its balance sheet, providing significant balance sheet benefit and operating leverage to the business.
Additionally, the Registration Statement provides up to $1,000,000 of liquidity. The Company reported a total capital need of $1,000,000 to fund its operations, including approximately $500,000 for the retirement of convertible debt. The Company is pleased to announce that it no longer requires $500,000 for retirement of debt and can finance its operations through more cost-effective financing.
CannaSys remains committed to growing its core businesses, including its main software and branding products, while evaluating new and accretive acquisitions for its platform.
Over the past six months, we have focused on reducing the debt exposure on our balance sheet and accessing new and more cost-effective sources of liquidity to finance the business, noted Michael Tew, CannaSys CEO. We now have manageable balance sheet exposure with only one or two key creditors, and significant equity financing available through our registration statement. It has been a long road, but to the benefit of our loyal shareholders as we look to future growth opportunities.
The Company remains committed to streamlining its financing and operations and looks forward to providing further updates to shareholders as they become available.
About CannaSys, Inc.
CannaSys is a leading technology solutions, marketing, and branding company in the regulated cannabis industry. Its core products are delivered "software as a service" to facilitate point-of-purchase transactions, customer relationship marketing solutions, and regulated cannabis laboratory information management systems. CannaSys plans to develop, acquire, and build strategic relationships with other businesses in order to bring additional solutions to market in both established and developing medical and recreational cannabis states. For more information, please visit www.cannasys.com
Smart move.
Added some myself while supporting the bid...kinda hard not to at this point, this has all the markings of a runner, nickels coming imo
Sell on the ask in small blocks if you're selling...if you're buying, bid until you get your core and then slap the ask a little.
This will be much cleaner going up on the next leg IMO
Bulls are taking back control. Panic sellers and shorts will chase to cover soon imho
Seen this plenty of times before.
And it's still holding roughly 400% from my original entry .0017 and .0024
Trade it, support it and accumulate shares.
I'm telling you right now, this won't stay down for long, too much money flowing in...bulls will a field day with shorts and the weak hands.
Got it!
It's sad to see so many freaking out based on the opinions of a few...
Stocks go up and down...this made a massive move for a reason and it will likely continue the course in due time. Churning through these higher levels is a must before we can continue the upward trend.
You only know what you think you know...and most don't know chit.
I like this lil ticker :)
Exactly. Not all gaps fill...especially breakaway gaps with this type of volume and liquidity.
I love the entertainment this morning.
Some people don't value their time enough...spending it here trying to induce fear.