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.
INQD MAJOR REORGANIZATION
MARKET CAP UNDER $5 million
NEW CEO & BOARD MEMBERS FROM FORTUNE 500 COMPANIES.
Stock is so cheap it could triple so quickly
Need the bid over .20
Need to get more eyes on this stock. These could easily make a massive move from here
Nice volume today. Need more bidders.
8-k filed Friday after the close. Loads of information. Company needs to do a conference call to spread the word out to investors. This business shift is a great idea.
This is either the buy of a lifetime or a massive fail by management team. The way the stock is trading it seems like this has been answered.
Will insiders start buying stock to show confidence ?
It's been proven at MIT. How about the Tweed project?
Also you can do business in Colorado just currently can't own the license (which if you care to inquire about looks like it's about to change).
So the share count that was going to rise to over 40 million shares is now going to be closer to 25 million.
His bias is very clear. Seems he gets his other members to back him up. You really need to get the word out about what your doing. It was be interesting to see his posts after you accomplish these goals!
They stated many months ago they wouldn't hit those projections because of business/political environment so they announced change in business plan. 2 posters here continue to beat this drum for some odd reason. As a long term shareholder I applaud the job management is doing.
Many points were cleared up that other posters have been asking about. It was stated they wouldn't adjust Alamo deal. Texas isn't dead and they are looking to make a deal with a license holder and could potentially but the license. Big news to me.
BIG NEWS OUT
they stated previously they can't hold license currently but if law changes they have option to buy it.
The buyout price on Alamo much less
Texas still in play
About to sell out ? You aren't reading that correctly. That is explaining how the merger would be executed.
Your second point about 17 investors investing at .40. I view this as a major positive. 17 accredited investors locked up $ at a price higher than its trading at. If it was 1 or 2 it could just be a stupid investor with a lot of $.
That's great your interested in transparency. Me as well and that's why I read the sec fillings. So much information.
Look at balance sheet. Spiraling debt is a massive overstatement.
I also see poster Alan Brochstein has amended his statement now saying public companies can do business but can't own a license in CO. this is a flip flop from saying that can't do business in the state period.
This is exactly my point. False information. Read fillings. Insiders shares have long been free trading.
Also have you noticed they have been raising new money at .40. Please help me in finding another company in this sector that is raising money above where it's currently trading at.
Again I'm interested in making money. And sometimes I get feeling some here just spam their negative views for joy of some sort
If things were so dire as many here make it seem why aren't insiders selling like we see from many of these marijuana stocks????
But they can still do business with a licensee.
Public companies can do business legally in Colorado. There is a lot of misinformation about this by people that spread false information about this company and its executives.
I honestly would recommend talking to lawyers in the industry or give the company a call.
I personally enjoyed this depressed share price because I have been adding to my position every couple of days. I'm not going anywhere and believe there will be a lot of upset potential shareholders that didn't buy because of the false information spread because of some personal bias.
I research the fillings and balance sheets of the marijuana sector and believe whole heartily that this has tremendous upside.
Good luck to all
True but if you read the fillings they seemed to see how the sector was changing and they did a major business pivot many months ago and it's all there for everyone to read. Time will tell but I like the shift and the cash burn is much lower. The tweed results will be major in a few months and we should have the clear picture of what they are doing with Alamo and Colorado.
Let me ask you a question. How many shares are outstanding? What is the current market cap? How much could the tweed project be worth both directly and indirectly? That's not factoring in anything else they do. Just based on that its worth a lot more.
The project with tweed justifies a higher market cap. Around a minimum of 50 cent share price.
Whoever has been buying these shares in the 20's I think is going to be rewarded big time
When your raising money higher than current price per share that's not dilution.
ACAN sure didn't have a issue getting involved with a license holder in Colorado.
At these levels I don't see much downside
What a sell off. Why would anyone sell at this valuation $3.9 million when they have deal with canopy growth (tweed). I gotta believe they had a plan b with Colorado license setup incase Texas didn't go there way
This company doesn't seem to grab the attention of more fluffy marijuana stocks. This is such a cheap stock compared to its peers I would expect a monster move if they get awarded license. Prior fillings state they are trying for one in Colorado too.
NEWS OUT
Big news gotta be mj bio pharma approval. I would think stock would be halted in USA also but this is a perfect chance to buy cheap shares
You call yourself a cannabis analyst but you don't stay up to date on the laws. Accusing the company of disseminating false information is very serious. You should be certain before you make definitive statements about public companies. Good luck to you.
Stock was at high of day and major selling came in from a newsletter site 420 investor. That is reason for drop.
Nobody pays for that it's computer generated based on % move and or volume
With such a small float why would anyone sell entire position. Mcafee hasn't even laid out game plan yet that will happen once everything is approved in coming weeks.
Just wait now firms can start covering the stock and issue price targets. This will be over $10 by year end.
Even after this move this stock is very cheap. Remember insiders own over 50%
Shares here are a gift. I don't have settled funds till next week probably over .40 by then.
Sales were much better than I expected. those who sold into this rally will be disappointed.
Again you obviously don't read the fillings. They don't put out fluff PR's. You actually have to read financial statements. I don't think you understand what this company does. they sell products some they have patents in to businesses throughout the world. They also advise companies on getting their license. As more states legalize it's a ton more business for them. This will be over .50 before the year ends. Let's see if you are around here when that happens.
Have you seen the value of terra tech? 250 million.