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Exactly.
With such low overhead & no office to speak of, why in the hell is there a need for 1.3Billion diluted shares????
There isn't.
The fat and gluttonous Tew n Burke have been selling shares forever!!!! No more!!!!
This stock is going to the sh!tter!!!!
IMHO
Proof of Cannasys Incompetence
https://finance.yahoo.com/news/cannasys-inc-announces-launch-citizen-141000840.html
I guess they stopped sending press releases to legit platforms after they flat out LIED about this launch!!! It's starting to make sense now....
What a farce.
Time to crash n burn down to .0001 MJTK. The gig is up!!
Lol.
IMHO
I'm a die hard Bear fan bruh.
It's comical that you have Sweetness in your screen name, but in actuality you're nothing but another MJTK cheerleader. Everyone with a clue knows this stock is garbage.
Mark my words, MJTK will be sub .0006 by September & another R/S will gut this thing soon thereafter.
This management team reeks of incompetence.
They have nothing but shares to sell.
You jokers will receive your just desserts soon enough!!
Go Bears!!!!
Trips first.....for sure. Pretty much guaranteed at this point.
There's no stopping this downfall. This PoS has been falling for months. Soon enough .0009 will be here. Maybe even this week.
There's no sense in maintaining any level of hope for a PoS like this!!!
None.
This stock will go crawling back under the rock from whence it came. I'm going to line my coffers on this most recent short.
Boom Time!!!!
IMHO
That's the funny part. CT has not been launched yet.
These guys are complete morons. Patrick Burke is a moron & Michael Tew is a moron. This charade needs to end already.
Citizen Joke is a complete failure at this point.
Ridiculous
IMHO
That's all fine and good, but the time for Citizen Toke to compete is and has been now for awhile. If these fools wait too much longer, any worthwhile legislation may be the kiss of death for their platform from a marketing standpoint.
These clowns have a constantly shrinking window to launch & then evolve their product. They are not doing it to date. No news, constant red days, no communication with Big board trading platforms, absolutely garbage financials, etc. I truly have no idea how some of you folks can consistently pump this thing?????
In truth, I could see a launch confirmation met with a blood red day and more massive dumping. There's been soooo many millions of discounted shares that these toxic lenders can essentially dump all the way to .0006 & still make 50%!!!!!!
I personally believe this stock to be finished. From a financial perspective, this thing is a nightmare.
IMHO
37,000,000 shares traded for a half a tick????
Pffffft
This thing is going one place. Down. In fact, week by week it has done just that since February!! Lol
You can feel it in the air too bruh!!!
IMHO
MJTK train ride to hell.
Guaranteed trips imminent. This stock is pure trash. Come on baby, keep dropping!!
Covering in trips shortly.
The writing is on the wall.
Burke's a jerk.
No class management sticks it to shareholders yet again.
Imho
Folks will cover at .0009 shortly brah...
This is a bonafide PoS!!!
The gig is up Greasy!!
This stock is dunzo.
Imho
More blah from the most worthless cannabis stock around!!! Lol.
Jesus, this stock sucks to watch.
Burke had better get his @ss in gear!!!
If no launch by Sep, this thing is dunzo. They need a legit rollout before Cali goes live in January. I have no clue what this moron is waiting for.
IMHO
I agree. A legit thirst for this stock would take care of that. If this was going to be the real deal, we'd be seeing 500,000,000 volume days!!
Unfortunately, at this point in time this is still being run at a quasi company/scam level.
If it happens to go full legit, my gosh could this thing run!!
I guess we'll see soon enough.
If CT isn't taking names here shortly, they will not be ready to take on the California recreational market in January.
IMHO
Agreed. I dumped winnings into this thing with the idea of letting it sit for a few years. The .15 PPS was post split as well. I was in EYSm prior to the ticker change to SEEK a few years back & made a 900% gain. Been playing some of those winnings ever since. Lost quite a bit, made quite a bit. I know the game. The only trouble is when you find the stocks whose management team hasn't figured out whether to be legit, scam, or some combination of the two. Most scams engage in promos for quick gains here and there. Most legit companies don't bother, but they release info to the major channels. This company does neither. Neither scam or legit, MJTK hangs in the balance.....
I myself am a tail end Generation X'er. I hold out hope that these guys will pull something off with this thing, but I've been around long enough to know that when you see certain folks touting a stock to one end alone, it generally isn't a good thing. MCO@ ran to .20 on high volume with a higher O/S, but they also issue press releases to major platforms & happen to have verifiable revenue.
All the best man. I hope I'm wrong & this thing runs to the moon. So far though, these dorks don't seem to have a clue how to switch from selling shares to selling their product! That much continues to be reflected in their financials.
The fact that Tew was a Bear Stearns guy should scare some sense into folks as well. He was an exit strategist for failed investments. That fact alone casts an abundance of doubt on this whole operation IMHO.
GLTU man
Go MJTK
No dilution smilution bruh. Just straight up dilution & toxic financing.
I've been in this for one R/S already & like I stated earlier, these guys appear to be headed for a 2nd one shortly down the road. It is what it is. Also, if there's going to be cats foolishly pumping this thing daily, what's wrong with being realistic & calling a spade a spade???? While Burke seems to have gotten things moving a bit, these guys are absolute morons when it comes to communication & they appear to have very little integrity. Essentially, these guys are perfect BS pinky CEO's.
I have always touted the potential for this stock, but these guys seem hell bent on being anything BUT successful. Press releases should have been hitting eTrade, Scottrade, ING, etc a long time ago. There's no excuse for that info not hitting those channels. None. This is a low overhead operation & quite frankly the continued debt accumulation is highly indicative of corrupt/incompetent business practices.
People are in the hole with this thing & yet this idiot Burke has the nerve to tout shareholder value time & time again!!! We have seen him deliver on nothing. Same as Tew. Some of you characters act like beta test phase is a guarantee of an actual launch of the product! That's laughable. Thousands of products make it to beta & then fail to launch. Cali is open for business in a few short months. The clock is ticking.....
IMHO
I've already stated that I'm torn. If it's going completely into the gutter, then let's get on with it already.
If it's actually going to make a move, the company has to come through already as well.
Enough is enough.
Lol....
That's the misery of MJTK bud. When there's a great deal of excitement in the air, this stock continues to disappoint. It's almost as if this management team knows nothing about being legit. They've got the inept & crooked part down pat though!! Here's the bottom line though:
If this stock were truly worth buying at this point in time, folks would be throwing millions at this thing now. Instead, here we stay waiting for some catalyst that may never come. Quite honestly, wtf is a company with low overhead like Cannasys doing racking up tons of debt quarter after quarter???
It's beginning to look eerily similar to just before last year's reverse split. Maybe that's the Boom Time Greasy has been carrying on about for months!!
Where's the f*ckin roll out already Burke???
IMHO
glta
How's about we shoot for long term legitimacy instead of a Fall run??? These guys have a serious shot at running away with a market segment here. Jesus, imagine if they were to attain profitability & buy back shares. They have a shot to be a legit success story....
If they can stop with the BS toxic financing....
IMHO
Not following Nio. .
?????
I think the product is a great idea, but it's absolutely alarming that a targeted launch for November 2016 has yet to happen as of late July 2017!!!! These clowns aren't researching cancer for gripes sake!
Also, of course I am salty about being down 17k from .0134. Who wouldn't be?? However, the potential is still there for these guys. Hopefully, their service is unique & has aspects that will make it highly coveted because a simple text service is nothing special. Hell, my local golf club sends texts for golf deals all of the time. What the hell is so special about that????
I'm seriously disappointed in this company to date. Strictly from a financial standpoint they have yet to make any legitimate progress. They continue to engage in toxic financing too. You need to remember, last year's reverse split occurred with plenty of space left in the A/S as well. What's to stop these share selling lunatics from doing it once again???
IMHO
GLTU
This is not a large company & to answer your curiosity, no I have not been a CEO. District manager is the furthest I ever made it.
I just know this type of product doesn't take years to develop via that much toxic financing. Good folks are down a ton of dough since Spicer's BS in February. Not just this ticker either obviously, but plenty of other tickers have begun the climb back to respectability. Why hasn't MJTK??? Well, for one thing the company doesn't seem to be too concerned about communicating progress to bigger trading platforms. They care enough to get PR's out, but not enough to send em to where legit investors or traders might see them??? That makes zero sense.
If this product is half as good as Cannasys thinks it is, why isn't the Citizen Toke product the talk of the town yet???
I'm a patient guy, but Tew was straight up incompetent. He is a pure numbers guy anyhow & not a good one at that. Burke seems to be better suited for the CEO role, but there's a legit set of reasons this thing is down ridiculously since recent highs. Reasons being little interest & awareness in/of the stock, terrible financials & continued toxic financing, little communication, & no legitimate excuses for the CT product to be stuck in beta nearly a year after the original rollout date!!!
I'm concerned that many other tickers in the sector have begun to creep back up while MJTK stands pat.
Something doesn't add up.
IMHO
Lol.
I'd rely love to see Burke tweak a few things though. It cracks me up how folks talk as if he's actually got a strategic official launch strategy in mind.
He knows damn well that he needs to get press releases out to the major platforms too, but that's not a priority yet. In truth, he really needs to stop the toxic financing. As the weeks go on, the O/S slowly creeps higher.
It's well past time that CT gets the official roll out.
Imho
I'll tell ya this much, I didn't notice any press releases on etrade for this ticker!! Then again, the only tickers sending press releases to my etrade acct are legit companies!! Lol.
What's going on here????
Is that absolute scum of the earth Trent Daniel still involved with this thing?? Stacey Irby????
Haven't even thought to check this out in quite some time.
GLTA
What momo???
Citizen Joke launch has loomed for years!!
.01 has loomed for months!! lofl
Ya know what really looms Greasy???
More issued & outstanding shares loom!!!
Toxic stock, company, & pumpers!!
Imho
By "soon enough" I take it you mean never, right??? Lol.
MJTK doesn't go anywhere without a serious look in the mirror & a change in business plan.
Once again, NOBODY knows about Cannasys or Citizen Toke. It's becoming more and more apparent that these guys have zero intention of marketing this thing.
Imho
Oh who cares???? These goons have been allegedly releasing this simplistic text based service for years now with nothing to show for it.
This is an absolute joke so far.
Maybe they'll actually release it after someone else does by this point next year!!!
Bagholders being made everyday around MJTK!!!
IMHO
You continue to blindly defend these guys all you like. There are plenty of absolute BS cannabis stocks sitting at multiple pennies with much less potential than Cannasys. Why on earth does a stock like MJTK have soooo much trouble getting to & maintaining a few pennies??? What with the massive potential of Citizen Toke and all??? When Sirius/XM was on the verge of greatness, folks were buying the heck out of .11pps shares left & right. That merger was totally different than this of course, but it's a great illustration of the way investors flock to legit perceived potential.
Many here believe that the official rollout of CT will act as some sort of catalyst. I am dead serious when I say this, but an announcement of profitability would have little effect on the PPS right now because people/investors have no idea about Cannasys & Citizen Toke!!!! No clue at all. Why??? Cannasys has not marketed it's product suite at all!!!! Not at all!!!!
The way they've handled the marketing of their products is unacceptable. Toxic financing coupled with non-existent marketing & subpar communication = .0018 PPS.
IMHO
It was supposed to be launched a year ago. Still not out. #proofbomb
What a great day of trading folks!! This ticker has basically given back all recent gains!!! That's soooo bullish!!! Lmfao...
This stock is an absolute joke.
There is nothing the horizon. Nothing but BS & shares for selling.
What an absolute joke.
This thing needs to fail outright so folks can move on already.
Imho
I'll be better when Cannasys actually launches the product they initially claimed they'd launch back in November 2016!!! Instead of launching the CT product in November, they went ahead & launched a reverse split right up the rear end of their investors!!! I can't believe they actually have the audacity to mention increasing shareholder value!!! No way!!
Imho
Not bad doesn't put folks back in the black my man! Noteworthy news might. Especially if it's good news that actually gets distributed to legit trading platforms. I bought into CT many months ago. While I consider the progress made by Cannasys, the lack of marketing coupled with a seemingly ignorant lack of communication press release-wise, makes me think these guys have nothing to offer. IMHO
The costs are minimal for a company willing to rack up 2.6 million in debt throughout the course of one quarter!!! Look them up yourself if you're so interested. These guys are neither legit businessmen or true scammers. Somehow they have managed to position themselves and this stock as being neither scam or straight. It's incredible really.
Any company willing to take on an additional 2.6 million dollars in debt should have little issue with ensuring press releases hit major platforms. There is no excuse for these guys. Just like a text message service taking over a year to launch. There's no excuse for these folks.
I've held stock for over a year now & although these folks at Cannasys seem to have made some progress, we really don't know yet, do we???
These guys are some underwhelming characters. Folks are down 70% on this turd, yet some characters run around talking about Boom Time & sipping IPA's like there's no tomorrow!!
This stock has been more miserable to investors than any other MJ stock.
GLTU
Imho
I can't even begin to tell you how good it feels having been right about this PoS!!
As soon as the impending R/S hits, you'll all do well to remember who said it first!
This is an abomination of a company folks. Absolutely ridiculous.
There is nothing but darkness & despair with MJTK!!!
IMHO
I've noticed the same thing time n time again with this stock in particular. To be honest, I really think that there's been so many hundreds of millions of shares sold & issued via discounted toxic financing that folks look to unload at the slightest hint of momentum. Kodiak in particular has shares at .0004 & .0006 discounted pricing. At these levels they are currently able to sell at 300-450% gains. Retail isn't in that position so I'd attribute the higher volume dump days to toxic lenders unloading shares.
It's going to take serious money to move this stock towards .01. Nevermind the .03, .05, & .10 PPS estimates folks have been touting. Many folks still don't know about this company or it's suite of products. They don't market anything!
Until these cats start acting like they're in the big leagues, folks will continue to impede progress with massive Ask walls. A legit product with potential would be a hot commodity & folks would dump $$$ into MJTK like no other if the potential were indeed there.
IMHO
Why the significant returns though?? What have these clowns done to properly monetize this thing?? I've got to tell you folks, if this thing was going to be the real deal, folks would be pumping millions of $$$ into this stock right now. It remains little more than a pipe dream until revs.
imho
I agree that a higher base appears to be forming.
Truly though, I can't help but wonder how many shares Kodiak may have dumped yesterday. There's no telling at this moment.
Will be watching this thing closely. However, prior to the last reverse split folks were cautiously optimistic as well.
Time will tell with these slime balls.
IMHO
Starting to look like peculiar manipulation going on in MJTK land folks.
Best be prepared for the out of left field R/S baby!!!!
That's the true Cannasys way!!!!
IMHO
Unless.....Kodiak is offloading shares still before a potential reverse split decimates current shareholders in an effort to make the stock more attractive to new investors. Now that sounds familiar actually. Almost as if that has happened before. Weird. Hey, Burke is looking to increase shareholder value though!!! Lol.
If it looks, feels, & smells like a turd, it's likely to be a turd.
MJTK trades flat with 32,000,000 in volume. That's one thing people.
DILUTION Plain n simple.
IMHO
I was quite literally told that Citizen Toke markets itself. That was via Burke roughly 6 weeks ago. I had emailed him inquiring about the lack of posting press releases to major trading platforms & the apparent total lack of marketing.
I guess they are expecting word of mouth via dispensaries to market CT??
Sounds a bit weak if you ask me.
Gltu
Lol.....An entity that knows this stock is going to undergo another deadly reverse split.
If Cannasys was on the verge of a legit breakthrough with this rollout, nobody would be selling. Certainly, big multi million blocks wouldn't be up for the taking.
The writing has been on the wall here. Convertibles put this thing at a 1.8B O/S in a few months. Do the math people.
It's easy enough to understand folks. This post is very much on topic. Now, serious revenues could indeed change things so we'll see, but as of now this company continues to be in dire straits.
IMHO