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The way I see it is CBD is in demand right now. It’s not going anywhere. There are several players in the game right , but a company who produced almost 18M in sales YTD is quite a feat. Once Q4 numbers are released, it should only bolster their place in the market.
The balance sheet will work itself out at some point too.
Please remember this is a very young industry that is still growing and adapting to the legal environment. But IMO, this company isn’t just going to “cease to exist”
Also, I encourage people to try their products. I’ve made several purchases and really enjoy their CBD and the added benefits it provides me. GLTA my friends
They are on FB and IG. Give them s follow and keep up with their updates that way too.
Not investor news, but it’s advertising content
POTN Needs more capital (several million) for selling and advertising expenses. Look at the most recent P&L and you will see a significant increase, they also call it out in their report.
POTN is building their brand awareness and geographical foot print. I’m not saying dilution is good, but when used correctly and for certain capital needs it can generate larger returns. This is my opinion, but I believe it’s necessary for the current situation.
Dippin’ Dots have vending machines lol
https://goo.gl/images/qff9fa
Here’s a hypothetical: if the company reports higher sales and revenues for Q4 than they did in Q3, what will happen to the price valuation?
Anything will skyrocket this at this point. Need Q4 numbers and then announcement of audited 2018 financials so they can resubmit form 10.
I’m giving them the benefit of the doubt, but 2 years audited financials should put them on the QB listing. It’s not that hard, 3rd time’s a charm
Pacer monitor minute notes have been updated
Docket was last updated at 11:59am. Can someone get into pacer monitor and see what’s up?
POTN hasn’t had tea products out the last 6 mos. Can you be more specific?
Agreed. I’ve ordered from them on 3 separate occasions and thoroughly enjoy their products. I don’t know why people keep calling this company a “scam”
I think today marks the start of the next great run
I saw that yesterday, now the question is when? Just a matter of time my friend.
Cannot wait to open the doors to this industry and let the free market economy do its job. Billions of dollars to be made
I’d love to be able to purchase a pack of “Green Day” cigarettes from Them one day in the future.
Imagine a pack of smokes with pre rolled’s at any gas station.
Let’s end prohibition
Exactly, POTN is riding CWEB and CVSI’s coat tails. This will explode at some point.
I find it funny POTN trades in the same price range as PURA and KGKG (other competitors) and they don’t even have a fraction of the sales that POTN has combined!
The ruling on the case should be Monday, whether they release the news immediately is open for debate.
Someone check the pacer monitor site and see what’s up
They are probably waiting to settle a small portion of that debt in court and waiting for the judgement
We will see where this company is at once Q4 numbers are released
On three, everyone buy. 1... 2... 3...
Those are dope. Look like the Coke freestyle machines
LMAO, where do you come up with this stuff?
Can someone please share the Facebook link with all this news from CV and the company? Cannot find it anywhere on the diamond CBD or PotNetwork Holdings pages
Very true. The only issue I see is how efficient these will be for sales. They would have to be placed in a strategic spot that drives traffic and awareness somehow
Grabbed some more within the last 5 mins! Glad I waited all day
Nice steady increase today. Would like to see this for the next several trading days next week
Comes with the territory, but this has definitely bottomed and making its way back up.
People know POTN and the Diamond brand and their numbers speak for themselves.
Very exiting times again my friend
All eyes on POTN! Building volume and steady price increase. Let’s hope this continues to build and they announce great news.
Possible share retirement effective immediately?
3rd time’s the charm on the uplisting
You realize a .003 stock price would give them a 1.5M market cap right? So what your saying is that the company makes more in revenue each year (18.5M), than what the company’s own market cap is worth. Hmmmmm
You must have missed the financials, but here ya go!
https://www.potnetworkholding.com/sites/default/files/uploads/document/779/quarterly-financial-statement-sep-30-2018.pdf
If the price goes any lower, the company will make more in a year than the company is with! Haha
Agreed. I understand there’s been some dilution and unfortunate turn of events (IE delayed uplisting again), however you can’t deny the elephant in the room which is increased demand for CBD products and the growing industry. The technicals on the balance sheet and Income statement will at some point get worked out.
All this company has to do is announce the retirement of shares again in January or update shareholders regarding the debt and the price will sky rocket.
Look at the negative pressure and comments on this board. I want to ask those that keep screaming .06 “now what”? There’s no way this company just ceases to exist. Everything is manageable, especially with these revenues. They could easily pay off debt, but have been using the extra money for growth and sales and marketing.
Put it this way, as of Dec 31, 2017 the company had 569M shares outstanding and reported revs of 14.5M for the year and traded at .06.
Fast forward to Dec 31, 2018 the company has less shares outstanding, 18.5M in revs through Q3, and somehow the stock price has fallen back to 1 year lows.
A little debt now will pay off in the future. I’m glad you enjoyed the ride down to this point, but the share price is reaching make or break levels. I’m throughly enjoying this discussion and the tension in the room. Makes things interesting
How can it not!? The entire sector is still in the infant stage and is on the up and up. DEMAND is already exploding.
Side note: those with less than positive a sentiment towards POTN most likely haven’t even tried their products
The reason their net income is lower than last year is BECAUSE potn increased their sales and marketing expenses. Building the brand takes money, but will pay off in the end.
Now that CBD/Hemp is legal, are people going to stop buying it? No. And people who are already with POTN and their Diamond brand products will demand more of them. Think about what your favorite brands are and why you relate to them.
Understandably, the stock price has ticked lower than most expected, but in the long run, I believe this company is truly shaping up to be a major player in the CBD space riding the coat tails of CVSI
That’s what I’ve been saying all along. People want to pull the “market cap” card, which makes no sense when you compare it to POTN’s peers.
This company has MIlLIONS in revenue and trades like an ugly red headed step child. Something has to give here soon.
Promise, once they make some substantial announcements, people will be chasing this. 2019 is the year of hemp and CBD
Why is .06 the bottom?
Is it time to load again on this one? I cannot see it reaching .06 levels again after their record breaking year of growing revenues
At this point, I’d embrace that wholeheartedly. Their making money hand over fist, but management can’t deliver on their promises. A takeover would straighten them out