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Its insurance against the collapse of cartoon land
Did the evil company take your money?
That's just it one would be saying themself the interest not the bank. The bank gets a nominal fee for executing The transaction
That's just it one would be saying themself the interest not the bank. The bank gets a nominal fee for executing The transaction
You can borrow against a 401k barryl if you have not done so already. I personally wouldn't be speculating long term in this security but as of today that loan from your 401k to yourself is the best loan in town. I suspect this will also be regulated in the near future
Put it in Phyzzz and take 5 years to pay it off so you can accumulate a decent return. If your 401k goes south then at least your properly hedged
Just my opinion
I have a position in this company and I have worked hard to bring that average down enough to hopefully give me options on my exit strategy. Not all shareholders have been this fortunate but to answer your question?
No I am not being paid to post here. So let's turn the tables....why aren't you challenging the MDBX board since CLEARLY they are ERBB's patent competition and not PMXO. According to you PMX management is incapable of executing a "simple news release" so what gives?
MDBX makes the same patent claims as ERBB but not one of you guys including the ERBB shareholders is man enough to take on that board. Why exactly?
Birds of a feather perhaps?
Why aren't you guys taking this argument to the MDBX board? Aren't they the ones allegedly in violation of infringing on ERBB's patent? Medbox appoints a heavy hitter to its directors and the best you can do is bring that pathetic youtube video here to the PMXO board? Didn't you just say PMXO doesn't even have a patent?
Gutless is one word that comes to mind
Big money doesn't chase companies that don't report. Exceptions are made under very unique circumstances but this market will be highly regulated and capital is already finding its way into the sector. No ERBB is not a reporting company
Regarding the "real machine" at ERBB? Ever ask yourself why they are the only ones with a machine on the ground? You must have missed managements discussions on "non regulated markets".
Good luck with your gem
Yes and that's part of raising capital to finance and execute a business plan. The Prefs have no designation and have yet to be issued and SG&A is manageable.
Did PMXO raise debt or equity?
How can American Green (ERBB) have a machine in Colorado if the state regulatory arm has yet to give approval? Parlay this with the Former FBI Assistant Director joining MDBX management team as there security chief and one would wonder what kind of fraud is going on with old Snickersville aka ERBB ;)
Hope ERBB shareholders are paying attention because the noose is tightening around their necks
Are we back to the .02 stock price again? Never mind it took a billion shares traded to get there. Chris you must understand the concept of capitalization, governance and pretty much finance 101 before making such goofball comparisons.
"At least there's a machine"........well the blind squirrel has a nut too but that doesn't make him rich. Btw did you happen to catch the latest news from MDBX?
http://finance.yahoo.com/news/medbox-adds-former-fbi-assistant-125500437.html
Oops? Can we say outclassed and outgunned?
Agreed
"ERBB is a fully reporting mj company,is a legitimate mj company."
No sir, this is inaccurate as ERBB does qualify as an SEC Filer and to say so otherwise is very disingenuous. Please understand what FULLY REPORTING actually means.
Companies quoted on the OTCBB must fully report (i.e. current with all required SEC filings) but have no market capitalization, minimum share price, corporate governance or other requirements to be quoted. Companies which have been "de-listed" from stock exchanges for falling below minimum capitalization, minimum share price or other requirements often end up being quoted on the OTCBB.
Stock of non-reporting companies (those without current SEC filings) may be quoted in the Pink Sheets. Most OTCBB companies are dually quoted, meaning they are quoted on both the OTCBB and the Pink Sheets.
http://en.m.wikipedia.org/wiki/OTC_Bulletin_Board
I don't understand AG management bends over its shareholders every day as your shares are diluted out of existence. Why would you want to buy shares here if that's the case? Glutton for punishment? Nope I will take your word on it you guys both must REALLY LIKE THAT BOTTLE!!!
From your mouth to gods ears my friend..
Still here Blue averaged in all the way down and picked up a few more yesterday. I can't believe more folks from the bullion boards didn't jump in on this
Hahaha too funny hotrod
http://sprottmoneyblog.com/the-east-saves-in-precious-metals-the-west-saves-in-fiat/
Throughout history, citizens have worked and been rewarded for their labor in gold and silver. This form of savings carried on from generation to generation, as it was real and could not be diluted into infinity, such as the current system we now suffer under. The fiat money system.
Throughout history, governments and those controlling them, have sought to replace the honest money system with their own creations, whether this be diluting the value of coins, issuing paper money or even worse, digital money, created by banks, with a few simple entry’s on a computer keyboard.
Unfortunately, in the short term. Governments have won. They have convinced the masses that fiat money is real wealth. Those of us in the precious metals community know different, we know that real wealth is tangible. You can hold it in your hand and know that it possesses value. A feeling, that you can’t explain until you feel it for yourself comes over you when you hold a gold bar, or silver round. You instinctively know it is money.
Luckily, not all countries have been successful in disconnecting their citizens from real money. China and India, are two such countries.
Rural India, which accounts for roughly 60% of gold and silver consumption in the country is predominately made up of farmers. The primary crop is kharif, and the profit accumulated from the sale of this crop is used to purchase precious metals, their primary form of savings.
Fortunately for these farmers, the recent decline in precious metals can be looked at in a positive light, as their sales in kharif are expected to increase by 5-10% this year. This translates into much more precious metals demand, as farmers are making more and therefore investing more into an already suppressed metals market.
In addition to this increase in demand, India is entering into its traditional wedding season, which translates into a huge increase in demand.
Sadly, as the Indian population and other Eastern countries around the world take advantage of this decline in precious metals. The mass majority in the west remain asleep at the wheel, content to let this opportunity pass then buy. Content in their accumulation of fiat dollars, which has and always will go to its fair value.
I couldn't have said it better myself
Is the "in house laywer" gonna double as a patent lawyer? Has AG made any attempt to negotiate a settlement with these alleged patent violators? How much do they pay? Which federal district is the complaint being filed? Who's the magistrate? When do the lawyers begin discovery?
Without leverage under the law NOBODY will pay this company a dime. This is all public information and nothing has been filed to date.
Why?
The Pinksheets pot is being stirred:
"FINRA has also issued its Notice to Members 09-05 addressing these obligations and providing guidance.
The Notice lists examples of red flags that brokers should consider, including: a customer opens a new account and delivers physical certificates representing a large block of thinly traded or low-priced securities;
a customer has a pattern of depositing physical share certificates, immediately selling the shares and then wiring out the proceeds of the resale;
a customer deposits share certificates that are recently issued or represent a large percentage of the float for the security; share certificates reference a company or customer name that has been changed or that does not match the name on the account;
the lack of a restrictive legend on deposited shares seems inconsistent with the date the customer acquired the securities or the nature of the transaction in which the securities were acquired;
there is a sudden spike in investor demand for, coupled with a rising price in, a thinly traded or low-priced security; the company was a shell company when it issued the shares;
a customer with limited or no other assets under management at the firm receives an electronic transfer or journal transactions of large amounts of low-priced, unlisted securities;
the issuer has been through several recent name changes, business combinations or recapitalizations, or the company’s officers are also officers of numerous similar companies; and the issuer’s SEC filings are not current, are incomplete, or are nonexistent.
http://securities-law-blog.com/2014/10/14/depositing-penny-stocks-with-brokers-creates-obstacles-sec-charges-etrade-with-section-5-violation-1/
Why because I pointed to the possibility the company might actually be raising equity instead of debt? It's called grown up finance something AG knows nothing of
Maybe its because your not complaining enough?
$1 million whole dollars to confiscate guns eh? Maybe someone should point out to old Bill and and Melinda that while it may be a advantageous tax break its a loser plan. Just ask his butt buddy Bloomberg about all the success he had with this back seat leadership strategy.
"You want our guns Bill come and get em yourself because you clearly lost the concept of what a Constitutional Republic is supposed to be"
Socialists need to go and I can't believe I play an XBox instead of a PS
5000 years of monetary usefulness suggests otherwise.
COMEX paper to phyzz is leveraged 100:1 unlike their counterparts in the east that currently run a 1:1 exchange. Only the Chinese can answer your question because settling with them in cash would be the equivalent of slitting our own financial throats imo.
Eric Sprott says the same thing when he has an offering "I hope there's a failure to deliver that last bar".
If you read the Prospectus it clearly states settlements will likely be paid out in cash not bullion.
If your here for a silver hedge this ain't the place to be.
The short answer is there are other securities better suited for investors. I like PSLV but others have been recommended as well.
Trust me you don't want your $$$ here for the longer term
No silver exposure here trade it but not an investment vehicle
Nice red candle eh? I see nothing's changed with this garbage security
Miners are tough because they get penalized on both the equity and monetary/commodity sides. But they are at historic lows and with the massive dislocation between spot and phyzz this is a great time to load up on an extremely oversold market.
There's blood everywhere and metals look about as bad as they are gonna get. Great buys on undervalued divi payers ;)
True dat my friend
Miners are tough because they get penalized on both the equity and monetary/commodity sides. But they are at historic lows and with the massive dislocation between spot and phyzz this is a great time to load up on an extremely oversold market.
There's blood everywhere and metals look about as bad as they are gonna get. Great buys on undervalued divi payers ;)
Its on twitter. Check out these analytics on silver it will be interesting to see if management can pipe into the silver supply chain longer term. Americans are so behind the monetary curve, imo its unreasonable to expect that there is enough bullion at these prices to scale any gold or silver machines placements in the US. Just my opinion
Internationally I think that will depend on their relationships abroad but the world is running out of metals at these prices and a correction of epic proportions is coming. Once this happens deleveraging the USD and building a position in PM's is going to be tough for most Americans
I love my country and my fellow Americans but we are a country full of monetary Do-Do birds with a "know not" mentality. There are too many buyers overseas with a lot of forensic exchange and countries like China India Iran Australia and Russia have made it possible to transact outside of the USD AND INTO GOLD/SILVER BULLION.
Like any poorly run and over bloated stock these currencies must be recapitalized otherwise they all end up at zero. The last two times they all went to zero was WWI and WWII.
http://www.mineweb.com/mineweb/content/en/mineweb-silver-news?oid=256104&sn=Detail
Sorry for the rant Bo it just kept going
SILVER NEWS
Silver in supply deficit but price unmoved so far
http://www.mineweb.com/mineweb/content/en/mineweb-silver-news?oid=256104&sn=Detail
Just saw what it was you were referring to and it appears your not nearly as excited as management. I agree after the Simon Mall fiasco this one appears to have a few "Wolf Tears" incorporated into the optics.
No there's no bullion whatsoever backing this pig.
You are wise to ask as most just assume they are getting exposure to actual bullion
Eric Sprott has a couple of funds in Toronto that are actually backed with silver....PHYS AND PSLV are both well managed and imo good derivative options to the real McCoy. GLTY
Deflation is the medicine and in the end PMs will be king as they have been for 5000 years. Today's silver price is a delusional proxy to the physical market which by the way carries a significant premium over paper.
Keep trading the paper so the rest of us can load the phyzzzz!!! TIA!
I do but I'm not sure the world is ready for that kind of market volatility.
I read the Swiss would have to buy up 1/2 of one year's global mining production if that passes. Today's price
Nov 30th I believe is the date they go to the polls