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.
I'm already in on pjet, and optimistic about coming announcements and hopeful about significant returns.
But, we're all using the same info -- the CEO letter-- to base our investments right?
And to me, that letter was less than a nothing burger. So I'm trying to figure how you all took away epic product and the CEO is highly qualified.
Does every post on this board have to be some variation of
"PJET!!!!!! Yeah!!!!! GOOOOOO!!!!! The CEO is hot!!!!!! This can't miss!!!!!"
I guess I'm not reading the tea leaves the same way and genuinely curious as to how you all come up with conclusions like "epic product"
Anybody have any idea how large, dollar wise, this niche is in the mj market that PJET is filling?
Any idea how many people will use this product?
Is it a one time purchase, subscription, repeat buy product?
We just don’t have enough info to declare anything with any confidence. I’ll wait patiently for new announcements, hopefully this week, but the reality is that we’re pretty much in the dark at the moment. That CEO letter did not have anything of substance in it. There’s no getting around that and anyone claiming it’s a high demand product based on some flimsy test marketing is kidding themselves.
How do you know it’s high demand?
What part of the CEO’s message gave you that impression?
And have you never seen pr fluff before? Read between the lines and there’s nothing there. No real test marketing. No real demand.
Show me a letter of intent or purchase agreement and I may believe you. But there’s nothing that has any meaning in that message
I hadn't thought of the pet angle. MJ plus pet industry..... both growing sectors.
Maybe yoga + weed?
Or weed delivery like a Blue Apron?
With Yasmine's skill set, I'm thinking an online product. Think Instagram/SnapChat for potheads. Just speculation though.
So...to sum it up:
This management team is qualified to run a company because "we've all seen Wolf of Wall Street"?
And they feel great about the product because friends and family said it's great?
Did I get that right?
1) That's already being done by several other companies
2) do you really think this team has that kind of tech knowledge? Bitcoin platforms. Nope.
For all I know, she’s the next Bill Gates, but I haven’t seen anything indicating it.
Let’s hope the product has some actual value and isn’t the MySpace of weed.
How do we know she's smart as a whip?
Now factored in projected MJNA growth and mj industry growth in general.
2018 could be $50M or more in rev.
Sorry, I should have asked it differently:
What's the "news" in that article?
I saw nothing of real interest.
Thanks!
So far
$35M is the minimum and there seems to be consensus around $50M
That's over 3x the ~$15M estimate for 2017.
I'll take it.
What's the best guess on when pps jumps significantly?
Yeah, I thought so too. Basically, Nothing to see here.
Ok, so you say $35 million conservatively and there's a $50million guess out there too.
What news?
Yes, but the question was; what do you project for 2018 revenues? Which is different than 2017.
Right.
So what does 2018 project out to?
Anyone have any guesses?
A $5M quarter projects to $20M per yr.
Factor in strong growth in the CBD sector.....
What's the revenue prediction for 2018?
****PJET was net profitable last qtr****
Doing what?
What busniness was PJET in last quarter?
What are criteria do they need to meet to uplist, besides regular certified audits?
Minimum pps?
My concerns have less to do with her age and more to do with her supposed qualifications.
She could be 50 and I'd question "2nd place in a social media contest from St. Edwards" as a qualification to run a company.
Did I expect anyone to interpret my statements in question form as questions? Um, yes.
Ok, so we've been told there's a unique product. Is it a social media product? An edible product? A service?
Realistically, we've been told nothing. That's fine. I'll wait for more info.
Did you really compare Yasmine Acebo to Mark Zuckerberg?
Huh, I thought I was pretty specific
**********
Ok, let's start from the beginning:
PJET bought Telluride Health Company (THC). Got it. Now for some due diligence.
What, exactly, did PJET buy?
Are there any assets, like patents, clients, customers, revenue, cash, product, letters of intent, inventory? Is there even a business plan that they acquired?
I'm not trying to be a downer. These are legitimate questions.
Looking for info.
Ok, let's start from the beginning:
PJET bought Telluride Health Company (THC). Got it. Now for some due diligence.
What, exactly, did PJET buy?
Are there any assets, like patents, clients, customers, revenue, cash, product, letters of intent, inventory? Is there even a business plan that they acquired?
I'm not trying to be a downer. These are legitimate questions.
The THC website appears to have been created two days ago.
Qualified to run a company based on 2nd place in a social media contest at St. Edwards?? Really.
Remind me not to put you in charge of hiring.
Look, I'm as optimistic as the next investor for a steep increase in pps soon. But, the more I learn about Telluride Health Company the less faith I have in it.
Yep, that's the game. And I'm playing it.
But declaring the product, if there is one, a winner based on NOTHING is like helping victims of a natural disaster with hope and prayers.
How can you tell the product will be a big winner in the MJ market?
What does it do?
What does it look like?
What segment of the MJ market does it serve?
What's the $$ value of that market segment?
Or....someone's getting their $3M mortgage paid by "renting" space to PJET.
If people aren't scared by that CEO letter, there's nothing I can say that will scare them.
Fair enough.
Not looking for credit. Credit on this board won't get me a cup of coffee.
I am looking for real info that might lead one to reasonably think this is a real company with a real plan.
So....you're saying it doesn't matter if there's a product or not, or whether they can bring it to market or not, or what the demand for it is?
You're saying if there's enough people saying "OMG, WE'RE SOOOO EXCITED!!!" I'll be rich?
What's not to bash?
Is there any actual evidence that I'm wrong?
I mean, besides "my internship makes me qualified"
What unserved niche in the cannabis industry did these college kids discover?
Anyone?
I did read the letter from Yasmine.
Very well written? Sure it lacked typos and had decent grammar. But it didn't have any real info
Q: What's coming?
A: A product
Q: care to elaborate
A: no
Inspires confidence