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Yep the same street as a bunch of other despensaries, retailers and growers...it is zoned for MJ. Smart people go where they can do business.
Look at the license lists for Seattle.
Google maps isn't the only DD in town. Lol
Patience is not a common virtue in Pennyland. But then neither is winning.
Know what you own and be part of the 10% that make real money in the otc. The big guys shake the money out of the little guys with moves like we saw on Friday.
I am hanging in here. I flipped down a little (33% of my position) on Friday which brought my average down 5 ticks. I am happier now than I was early in the week!
It is still coming. Puget should have the license any day and the financing is probably already done.
Look at many of the stocks that took off had a big dip right before takeoff because big money pulled a move like this. They do this for position purposes and to let their teams in which provide leverage. If you have the opportunity to buy in big and shake tons out for your group to hold it makes for a bigger faster run. Look at TT*Z and IC&U and F!TX and M!NE. Big dip then...well you look it up.
I am still looking for the volume to spike and sustain. Just wondering if News is first or big vol starts without it first. Friday volume killed Thursday.
IMO chart could be a good signal if news follows quickly. PMCM can still top a penny in a day or two with the right news.
These are just my thoughts. They are free and you get what you pay for!
GL/GB
Lawmakers Tell Feds to End Medical Marijuana Arrests
I bet that 13m isn't still for sale Monday morning.
Who do you think bought the 15 m at 23? The same person who put the wall there to drive it down. Someone put exactly 100k (43.3 mil) shares up for sale when we were down 18%.
IMO this was a shake and fill for something to come.
I would not be surprised if huge news magically appeared after this.
We shall see!
GL/GB
Wow what a ride! Wouldn't be surprised if we were back to.0024/.0025 eod.
I took advantage of the obvious push down and lowered my average several ticks.
Monday may be even more interesting.
GL/GB
That was interesting. Bid gets whacked for 7+ mil @ 26 then 7 mil lands on theask @ 26...
If you get shaken then it's your own fault.
Something is going on as if somone knows something.
MO
GL/GB
More DD. I was looking at the retail lottery lists. I noticed that many of the retail slots went to the same company that has the same address with suite A,B,C,D,E each with a different license. These are going to be supermarket type stores in many cases. When I spoke to J Vance on the phone a couple of weeks ago she was upset because of the quality of the product she was going to be forced to grow. Forced you say? Yes because for retail growers they have guidelines on HOW they grow (WA state guidelines). Bottom line the quality of the product in these superstores with HUGE overhead will be LOW quality at HIGH prices.
In comes Suzie Q's to the rescue! How you ask? We will NOT have mandates on HOW we grow medicine! We will continue to have TOP quality with LOW prices because 1) overhead will be low and 2) because the TAX is way less!
The recreational rush will bring the tourists but those who want quality (not dirt weed) will be flocking to all the new Suzie Q's locations to get what they really want. It's like any tourist trap. The tourist go to the strip and pay top dollar for low quality and the locals go down the street and get the best the city has to offer at great prices!
I believe once the licenses are issued takeoff will begin. Puget Power co is due to be issued any moment now that construction is complete. She told me that she was submitting the last of the paperwork 2 or 3 weeks ago (Criminal background/history I believe). I also believe Financing news would be great right now to pay off current notes and cancel shares and give us available funds without a share increase. (some don't like this but in business it's leveraging against future revenue to protect/ increase pps).
I believe we are golden here. Yes, it is going to take some more time, but this is a real investment to me and I am willing to wait. PMCM is not a P&D. How long do most investors hold BB stocks to make a few bucks? I am holding on for the big one here.
I hope it helped
GL/GB
Ihub also says pmcm is otcbb. I trust the info on otcmarkets.com
Otc says float is 1 billion
I believe he sold at a big loss when we were in the teens a couple of months ago.
Agreed. And the pr said DM had Vance looking for more opportunities as well!
It's both. We acquired a dispensary and we are going for the real estate. Read the prs and the filings.
We also acquired Puget Power co which is getting its tier 1 and have agreements with Lano and Alon for the 2 tier 3 licenses plus leasing the land where we will build cultivation/processing/packageing facilities.
Suzie Q's is more than 1 dispensary. It is a brand known for it's top quality medicines that can be branched out which is exactly what pmcm plans to do!
Good stuff coming soon!
GL/GB
Dispensaries do not have to grow all their own product. Some do but it is not required. They can buy from a licensed supplier.
Patience is key here. We are on the verge of something big that I think will move us. We should be trading over .005 still without any news. The p#ot fiasco and other factors have assisted some shorts to take us to where we are, but substantive news is around the corner. imo
Puget Power license and the tier 3 licenses will strap a rocket to this ticker. Financing will cancel convertible shares and give the $ we need to build and expand without increasing the A/S.
There is much going on here behind the scenes. This is the capitulation period that will shake the weak.
AIMHO
GL/GB
Agreed. Some here sold and want back in cheaper.
Most grow themselves and can also get it from a licensed grower (all for tracking/taxing purposes). So we will be able to do both. Colorado has chains of dispensaries.
AGAIN, PUGET POWER IS A FOR PROFIT COMPANY. Come on man, a fact or two every once in a while would be nice...
She told me that she is only allowed to use 70% of the space to grow. So that's around 500K per grow. With a 4 week turnaround that's between 5 and 6 mil per year gross.
$$$$$ IMO
Large support keeps showing up. 20+mil on the bid several times
But they will not slap the ask???
Hmmmmmmm
Ok I've been doing DD. Looking at the license list and checking it twice. Lol
By my count on the list updated today there are only 5 tier 1s, 14 tier 2s, and 10 tier 3s.
We are about to get the tier 1 (puget power) and we dont know how close we are on Alon and Lano.
Now if Washington goes live Recreational in 2months they are going to have to issue them very soon to have the supply ready for opening day.
With Suzie Q's ready for approval the crop should be selling to the new recreational outlets for "primo" prices. She spoke of a 4 week turnaround on the crops!
AIMHO
Suzie Q's is medical only. The tier 1 & 3 licenses allow for growing/processing both. Pr said we were concentrating on medical but J Vance said the tier 1 would be used for retail/recreational.
Could we open retail shops under a subsidiary? Maybe or just supply other retail outlets.
Lots going on here @ PMCM
Patients will pay off.
AIMHO
GL/GB
PMCM is a for profit corp with a non profit subsidiary which is part of our chain. We will grow it process it and sell it to our own subsidiary at a handsome profit.
PROFIT.
WE WILL MAKE PROFITS GROWING TONS OF PRODUCT. PRODUCING/PACKAGING/SELLING TO OURSELVES TO DISPENSE WHICH MEANS WE NAME OUR OWN PRICE.
We can make our profit on the front and lower the price on the back which will have people coming to us for our good quality and prices!
AIMVHO
GL/GB
PPS holding well. Low volume means folks are hanging on for movement.
I am looking for a huge volume spike on some profound news.
Patients. W B was credited with saying the Market is designed to transfer wealth from the impatient to the patient.
I am willing to wait another year for PMCM to make me a millionaire if need be!
GL/GB
Prs happen 6:35am/8-k between 10am-12pm. Any day now.
Agreed thanks for the TA! Some great news may even accelerate the upward movement.
We shall see.
Have a good night
News watch begins 6:35am...
I am going to search applications in states like Florida for Suzie Q's and THC inc.
I wonder if that would work...bring pmcm over a penny and do the name change then the new co THC inc is the otcqb. Maybe they want to wait until then the pay the fees and paperwork. It really wouldn't matter because we are still on the road to multi-pennies even if they stay pmcm and stay Pinksheet current.
Fun to speculate. Looking for big news Monday/Tuesday.
AIMHO
GL/GB
NPOs can also be used for capital. What do you do with the money if you can't show a profit?
You spend it. You can spend it on things like opening another Suzie Q's. Which will buy more of our own product.
It is a beautiful thing.
Also NPOs handle all their own overhead. Rent employees insurance the whole works. So if you are a soup to nuts operation or seed to weed operation... the overhead of your final leg may not"show a profit" but it sure can benefit the business portfolio as a whole. Because who is buying all your crops...you are and i'm sure you will pay you handsomely for your product...right?
Rid of mmj? Proof please. Did Colorado? Anyway, the dispensary has value for the share holder by itself. When you couple that with the tier 3 producer/processor licenses to supply our chain of dispensaries add to the tier 1 that will be used for retail...the value is obvious. $$$$
The tier 1 & 3 p/p licenses are for retail and mmj. Pmcm just said in a pr that they were going to focus on the mmj. Vance said in a phone conversation that the Aurora location will be transformed to a retail grow facility. (Check the Puget Power application. #446 on the list as of 4/29/14) If you live there go check it out for yourself.
GL/GB
Yes Suzie Q's is a fully licensed dispensary in operation. Puget is the portion that is pending a license to produce retail mj (per Vance) and lano/alon are pending tier 3 producer licenses.
We are remodeling the current location for the puget grow facility and Suzie Q's is still operating out of that location with plans for 5 or 6 more.
Pink downgrade made no significant difference. Volume imo is due to the holding pattern along with the short manipulation. I think will come back with a vengeance upon good substantial news.
Monday/Tuesday feels like a good time for finance news...
JMO
VERY INTERESTING. THANK YOU!
I do. Not sure when because we do not have updates yet. I think the company has been saving up. When we had the 2 prior runs we were getting 2 updates per week.
MUCH in the pipeline here at PMCM. Finance news alone could send us running. Suzie Q's official accept the keys news could do it. Revenue news could do it. Share cancellation could do it. License approval could do it. etc.
No firm timeline, but I bet some news by Monday to follow up the Pinksheet downgrade which by the way means exactly 0. There is no difference because we are still fully reporting.
Hope that helps
GL/GB
Sure is quiet around here at the starting_gate! LOL
Is everyone tense or excited?????
10 Million shares is still the magic # when we hit a dime you are a millionaire!!
Penny flippers are as nervous as houseflies. HAHA
Patience is still key here at PMCM.
JMVHO
Here is the list.
http://www.liq.wa.gov/records/frequently-requested-lists
Go to the Marijuana one
It should download
Puget was I think 446 and Lano and Alon are way down in the tier 3 section
Sorry I was on my phone earlier couldn't copy and paste
GL/GB
Sure, you are lying. Look at the list. Better yet post the list you are looking at. I showed my list show us yours.
As soon as we are done with construction we get the license...could be REALLY SOON
Tier 1 licenses have already been issued. Look at the post I'm replying to.
Not many of them and Puget power was still pending as of 4/29/14
Go see it for youself tier 1,2&3 have been issued (a few of each so far)
Happy hunting
If you go back to the list and look some licenses are already issued...
refer to the post I'm replying to.
When you go he the like it has 4/29/14 date on it. Some tier 1,2&3 licenses are issued and active.
THE LOTTERY IS FOR A RETAIL SALES LICENSE