It's a tough crowd out there in PinkyLand.
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Pretty sure I've seen this "Hurry Up & Wait" movie before...
We're looking for MJ news/acquisitions...& more.
New Year's Resolution...No More Trips Again...EVER!!!
Nothing but solid, forward progress PRs & profitable Qs
And...get out of the way NITE
Cannabis Payment Solutions (CPS) seems like a good fit for this industry's banking woes...if Troy can get it operational & land some accounts.
https://www.reuters.com/article/us-cannabis-banking/marijuana-firms-in-cloudy-haze-over-banking-woes-idUSKBN1EN191
LOL...Good ole' Yankee ingenuity...too funny. Merry Christmas to you too.
Copy all that...& totally understandable...
it's the "over-exuberance" of tweeting timelines & constantly missing them that gets me shaking my head from side to side.
Something I learned in my raging bull days, re: CEO messaging...
Better to "under-promise & over deliver"...as opposed to the inverse.
I've got my tickets for whatever kind of party he's throwing...Jenny from the block MJ...or just plain ole' MJ.
You're not wrong...heard that on Varney this am...hey, if the MJ delay is because Troy is trying to put together a block party...then I'm game.
The CEO agrees with you...
Copy that...definitely one of the "very possible" scenarios...
Somebody/entity is intent on keeping us in the 8/9 channel...guess they didn't like it when we got up to 001 yesterday on over 55M shares traded...coming back with a vengeance today...hmmmm?
It was kind of a schmart-a$$ remark...but as long as you're asking...it's good for bidnesses...here are a couple of hi-lites...
http://thehill.com/policy/finance/358462-highlights-whats-in-whats-out-in-gop-tax-plan
And...AT&T just tweeted they are going to give 200k of their US employees a $1,000 bonus & they're gonna' increase capital spending by $1B next yr. All due to tax passage...with lower tax rates...just lots of good bidness sentiment out there.
Signing of the tax bill...? ;)
Glad to see those 8s get bought up...they scared some peeps into selling a few 7s...but support held pretty well @ 8...even with a seller whacking the 20M shares on the bid the other day. Hopefully, it continues to hold thru EOY.
Not sure what the future holds for the relationship between SNMN & NGD...but as of this moment, legally...it seems nothing has changed.
A picture is worth a thousand words...too dang funny!
I like tweets as a "free" way to let shareholders basically know what the CEO is working on...but yes, Troy has a tendency to get ahead of his skis on timelines.
And...I'm tired of seeing three 0s in front of our mrkt price...& look forward to "jumpy"...
Sadly...acquiring 50% of a pair of Paul Mitchell schools with a combined revenue of over $4M/per yr isn't as sexy in the eyes of the market as an MJ or Bitcoin play...not sure I understand why, but I guess it is what it is. Not sure what's taking so long...but I agree...hopefully, the attorney has properly lubed it up & they finally release it...along with an update on NGD.
Last month tweet...if true...let's get after those nasty MMs Troy.
This was the one I wanted the most...well established revenues in a well established business...don't have to speculate...dependable assets for the company.
Some of the others may eventually make more, but this one seems to be solid as a rock.
Yes indeedy...50% of a $4.6mm/yr revenue company...with an option to bring our stake up to 75%...which will happen eventually, & maybe be paid for with revenues from our 50% stake...nice move!
SNM Global Finalizes Agreement to Initiate Payment and Transition of 50% Stake in Paul Mitchell Schools Starting Jan. 1st
Dec 12, 2017
OTC Disclosure & News Service
-
MIAMI BEACH, Fla., Dec. 12, 2017 (GLOBE NEWSWIRE) -- SNM Global Holdings (SNMN) (OTC:SNMN) an entertainment/media company is excited to announce terms have been executed to initiate payment and transition of a 50% stake of 2 Paul Mitchell schools in Rockville and Jessup, Md. starting January 1, 2018. SNM will complete transaction with a combination of cash and stock over 1st quarter of 2018 with an option to acquire an additional 25% stake thereafter.
"This finalized agreement is huge for us. It will give us an established multi-million dollar revenue producing asset for SNM next year and going forward. Our management team is already working with current management closely to ensure a smooth and seamless transition," stated SNM CEO Troy Lowman. "We will look to expand and enhance our operations with exciting endeavors that are already in the works." The schools consist of two facilities (modern 16,000 sq. ft. and 12,800 sq. ft. respectively.)
Contact information:
Troy Lowman, CEO
Phone: 410-733-6551
Email: info@snmholdings.com
Safe Harbor for Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2017 GlobeNewswire. All Rights Reserved
News out on my etrade...
I beg to differ...northern Virginia (around the DC area) is very liberal & populous.
Also...Trump lost Virginia. NGD is in the heart of the liberal DC population.
https://www.washingtonpost.com/graphics/2017/local/governor-turnout-analysis/?utm_term=.bb7a24fed36d
Twitter thread from yesterday...wonder if Stocklordz is on this board...? He sure wasn't shy...ha ha
I like this quote...shows tenacity!
Really nice article from an Arlington online media partner of WJLA tv in DC.
http://dcrefined.com/eat-drink/meet-the-millennial-bringing-boozy-donuts-to-dc
Paul Mitchell...MJ/CPS...Naughty Girls...IMO, the trifecta of the 7 acquisitions. I hope the meeting tonight goes as well as Troy thinks it will. That would be a great Christmas present for us.
IMO...the good thing about the Paul Mitchell deal is...from what Troy has said, he has a long relationship with the owner of these 2 schools...& the owner pretty much wants to retire & let someone that he trusts administrate over the strategic operation & expansion of the schools. Pretty sure that friendship will result in an equitable deal for us. :)
Interesting...I hope this is why the "legal" delay...if in fact the MJ news pertains to one of these MD businesses. Hopefully...we'll get news on it soon.
Video from Natalie @ 0600 hrs today...
https://www.facebook.com/ngdonutshop/videos/1585692071520282/
Hopefully, it takes the same trajectory as it did a few months ago...minus the plunge.
Yep...always has. Can't count how many people have uttered the same words over the past couple of years. :)
Nope...not familiar with that brand...cool story tho. Didn't see when they opened their first property...but look forward to the NGD brand following a similar path...asap.
Also looking forward to the MJ news...for all the legal scrutiny it appears to be under...must be something unique...I hope.
Roger all that...and...in her latest video, Miss Natalie gave us the address of the Georgetown property. 1424 Wisconsin Ave NW (I believe)...I looked it up on street view & those buildings are all 2 story...I think she mentioned they would utilize both floors (in another past video)...so the sq footage, I believe, will be even more than the 4k in Sterling. Lots of other stores, shops etc in that area, so plenty of people dashing about on a daily basis. All starting to come together for the NGD acqui... :)
Just for the record...the following quote is from the Oct 17 NGD acquisition PR....rebutting the quote below it. SNMN owns all franchise rights & has a 50% joint venture stake in the Sterling & soon to be Georgetown NGDs.