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Here you go... if everyone was in attendance it seems this would be a slam dunk but it sounds like some committees that are for this bill are on the road. Should be interesting
http://www.cbc.ca/beta/news/politics/government-cannabis-bill-live-die-vote-1.4586113
Reposting JRF’s message because IMO a lot of people need to read this. The stock price is relatively the same as 6 months ago BUT THE COMPANY HAS MORE THAN DOUBLED IN SIZE.
JRF’s post: Yes the company KEEPS moving forward!!!
Seven months ago (August) we were about 14 cents a share. We had a 12 month trailing revenue stream of $6.6 million. Now, we have a 12 month trailing revenue stream of $14.3 million. That's a heck of a lot of INCREASE for the company. But it doesn't stop there, as the news of late shows we should do a LOT more than that in the near future. New purchases, new distributions, new outlets, and a new location for a S&L.
Revenue MUST go higher from here, and this is ALREADY quite a bit higher than 7 months ago.
Seven months ago we had two wonderful locations for S&L, and no SNI. Now, we DO have SNI, and we are close to TRIPLING the sales since we bought it, and we have three wonderful S&L locations, with a fourth one hopefully about to start construction. Much better shape than seven months ago.
Seven months ago we were about to commission an audit. Now, the audit is almost done, and we have already filed paperwork with the OTC to uplist as soon as we can after that audit hits. Do I think the audit WILL hit? Yes I do. I firmly believe it is done and the changes were given back to the company to integrate into their financials. they did that, and returned it to the audtiors, and now the auditors just need to check it (proofread it) and then give final approval. It has taken WAY longer than expected, and roger made some mistakes in saying it would be done, but I believe we are close. A week or so out close.
Seven months ago we were a pinkie that was up from a penny and doing better than a year earlier, but still one that had a nice rise. Now, we are a pinkie that is about to be an OTCQB/OTCQX stock, and that is going to open the doors for NEW investors to buy. People in Canada, where this company is based. Entities that can't buy pinkies. We aren't there yet, but we know the path is laid in and it is coming SOON. IF a few bigger entities buy in, and buy chunks instead of small amounts, we could and actually SHOULD see a rise just on that alone. Of course, the FUNDAMENTALS shown above are THE reason for the stock to go up, but the buying helps too. wink
Seven months ago we were hoping to cross the border and come to the states from Canada. Now, we are hopefully DAYS from announcing that crossing is happening. SOOO much potential.
The list goes on. There are other things the company is doing now that they were not doing seven months ago. Too many for one post, or it will be too long. But, suffice it to say the company is light years ahead of where it was seven months ago. yet the stock price? STILL at 14 cents. WHy? I'd say due to the audit being late, and some lose of respect for the CEO, valid and by some who just are "that way". But I can't see it staying here. Impossible. As more things are announced, it WILL have another BIG jump, like it did from a penny to 23 cents in less than a year. This time, it starts higher, it goes higher, and then it comes back down but to a higher settling price too. It is coming. The company is too far along the way to not have it happen.
So don't fret over a seven month holding pattern. Just build what you can, and wait. When it takes off, it makes up for the entire seven months on the first move. And then the second, third, fourth and fifth moves are all profit above that. We are warped by wanting to see stocks that make 100% in a week. IN reality, if we made 20% in a YEAR it would be awesome. And we are WAY above that, even in the last 12 months, even with the stagnation of the past seven months. And when we get to that date when the high is now a year old? I think we shall be way higher than that price then too.
Our rallying call remains the same. "The stock shall follow." It may be stagnant for a few months, but the stock SHALL follow. SO we buy, we hold, we buy more and we continue to hold. If it has another crazy run, like the one to 23 cents, sure, sell off and wait for the drop. But this run is NOT crazy at 23 cents. It is going to take a LOT more than that to be considered a crazy price. With all the pieces they are gathering, as they come together the company shall just continue to grow and grow and grow.
And the stock shall follow. smile
IMHO.
Replies:
Yes, John
Russ777 on 3/21/2018 10:27:21 PM
Thanks, jrf, for that outstanding post. I am
Juancy on 3/21/2018 10:34:12 PM
Someone please sticky this post
Felo31 on 3/21/2018 10:35:42 PM
Well said! Looking forward to the next 12
cwhockey31 on 3/21/2018 10:40:34 PM
Great post! Stronger by the day+stagnant price= better
Hitman1127 on 3/21/2018 11:14:20 PM
WOW!!! 2-Greatest-posts-of-the-day...REPOSTING-FOR-ALL-JRF:
hotlinktuna on 3/21/2018 11:35:10 PM
Report TOS
Different senate...
Tip: if you open the link in google chrome it will translate the web page for you.
My mistake. Some of that info I gathered from meeting Ben and we both come from a consultant back ground (his in Logisitcs, mine technology but there is a lot of over lap there). He came off as very professional and doing a good job in over his sub (as you can see from the announcement tonight). Here is his LinkedIn. There is also a video interview of him somewhere I’ll have to go dig up. Rocket has also posted it a few times.
https://www.linkedin.com/in/ben-castanie-7b62aa59
And there you have it... you obviously didn’t know.
Before he founded Snakes and Lattes in 2010. He was a consultant for transportation, supply chain and Logisitcs. Which he also has a masters degree in. Hence, the agile environment he has built on the SL distribution side and why NSI was a natural fit for SL.
He sold SL to Roger for expansion. He didn’t just take cash and walk away. He took 20M restricted shares in exchange for Amfil’s backing and resources to make SL a global brand.
You know his background right? He was a consultant for NuLogX for 5 years. I assure you he knows how to be professional.
Not to mention that other company has been waiting on an audit for two years....
The investigative part of the audit is completed. Now they need to make adjustments and format for submission. That is how they were able to point out where the changes would occur.
That wasn’t the point and no iHub is not going to do anything to Amfil in the long run. But if a new investors asked me about Amfil there is much more good than bad IMO. In 6 months none of this will matter.
Yes I have spoken with Macod several times outside of iHub. He will give you the same report about me
New tweets... this is the part where you get to say “I told you so” to everyone who called you a liar today
Just out of curiosity. Why haven’t you sold or told your “20 or so followers” to sell yet? Reading your post history it doesn’t seem like you believe in this company much.
Some progress in AZ...
“Took a "yellow bikini" step forward today towards a hopeful lease. If you know what I mean.”
I take it this means a small step but progress is progress.
43 more days for me. Well the first buy.... :)
Not much else to say about it haha. I trust the backer and the SL team. I’m sure they did their best to sell themselves and the value of having a tenant like SL in that space. Now we wait and see. But so far I like how all the catalysts are lining up. yes I know it took longer than expected but I was planning on holding for more than a year anyways so I have nothing but time.
How exactly does a lighting solutions solve the pesticide, bacteria, mold and other disease issues impacting crops? And the reason testing regulations are being put in place.
Keep in mind RotoGro controls some of those PR’s due to regulations on their exchange. Much more strict than the US or CA.
So by that statement... they have not committed any SEC violations.
“SEC will have to make that determination”
So which is it? Hard to keep up with the info you are providing here
We really? Now the “claim” is AMFE is in SEC violation... defamation is a pretty hefty crime also.
I think it’s pretty simple. Do they meet all the requirements or not? Have they ever had any issues with the SEC...no
Can you show me which requirement they will not meet?
https://www.otcmarkets.com/corporate-services/get-started/otcqb
Or he is being extra cautious to not violate his NDA while refuting false claims here, as he wraps up his agreement :)
I’m sure we will get one tonight or Sunday if the audit is not out by then. If not, we have waited this long... the pps is holding .14+, we know the business is growing based on recent updates so why not just wait?
Yes, he was over optimistic on the timing last year and he has admitted that. He had never been through an audit.
Re reading last weeks tweets, no where does it say any day now. We were updated Monday when Amfil had finished their part. Now we wait for the auditors to do theirs.
It took AMFE 4 days after the investigative part of the audit was completed to get everything formatted and changed in the document. It was submitted Monday. Today is Thursday. I would expect it to take the auditors just as long to go through and check everything in the document. It’s not like this is just a couple pages. It’s all the financials for the last few years. There is a lot of information in there. If there are no more tweaks to be made from what was submitted on Monday (the auditors may find some so be prepared for that) I would expect AMFE to get everything back some time today or tomorrow. But that would be the best case. Otherwise end of next week is more realistic.
Oh really? Where did he say the audit would come out this week? The last update I saw was:
“Audit update: This weekend we prepared the adjustments and will be submitting the updated 10-K with the requested revisions on Monday for final approval. There may be some minor back-and-forth with the auditors this week to get it ready for final submission. Stay tuned!”
Doesn’t sound like this week to me... yes many hoped this week. But I’m sure there was a little back and forth on formatting etc. It’s not like this is just some consolidated summary of the last few years that’s only 10 pages.
Check your email
I couldn’t agree more. It’s sad watching them follow around people who post good DD for everyone and are genuinely honest.
They have been doing the same on another stock I am long in for no reason at all. Simple trying to take advantage of a young CEO who is honest and maybe even overly transparent.
They are easy to spot if one knows what to look for and hopefully no one falls for their games.
*TRUST YOUR DD*
If people sell off on Friday. What are they going to do if it posts Sunday night? We have watched the PPS sit in this channel between .14 and .16 for awhile now. There were even times when flippers jumped in and out and their shares were picked up by other Long’s here. There have even been attacks, or people died and sold a lot of shares. They were all absorbed and here we sit at our base support.
IMO to jump out now and hoping to catch it a penny or a half penny lower is riskier than just holding till the audit comes out. We know it will be out in a matter of days/weeks at this point. Unless you are just trying to flip for pennies.
GLTY
It was mid December with a guy by the name of Alan Wong and some of the Canopy leadership.
Yes. I’m not speculating. Just thought it was interesting. I was actually really excited to take the meeting just to ask that question regardless if they hired my company or not haha
I can tell you first hand canopy has heard of Gro3. I was called in to support a meeting my company had with canopy around data transformation. While we were setting up and chit chatting I asked the guys from canopy if the had heard of GZ and they said yes.
See Seaton’s post #112313. Text from roger debunking the imposter.
Makers or Jameson would do the trick
A ceo can talk to anyone they want to. Many on this board have called, texted or emailed with Roger. Similar to other companies. Nearly every other board on IHUB has the same stuff. As long as they are not revealing inside information it is fine.
Favorite post of the days by S&L.... $$$$
https://instagram.com/p/BgO8EHWA9RE/