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This one moves very fast. I heard their AERO grow farm is pretty cool for indoor growers especially with CA allowance of 4 plants in a household.
SMG gave them 4 Million capital in Sept, just for holiday season inventory. I think this is going to be blockbuster holiday sales for them.
PPS barely started moving now after months. This still has at least 200% upside left to touch 8.50-9 by end of Feb.
Up another 28% at $3.24
This will go over 1$+ and stay there for 30 days to be considered for inclusion in MJX ETF. MJX has most Canadian stocks in its portfolio. Due to scarcity of good MJ stocks, MJX includes tobacco players in it's holding. Being pure MJ play based in USA, GBLX is perfect candidate for MJX.
Accumulation over. $2.94. Up 27% in two days. Run has started just before 1/1/2018 CA MJ mania starts. 5 million float, 80% owned by Scotts Miracle Grow. It is not even added to MJX ETF portfolio yet.
Slow accumulation going on. Ask being hit slowly and constantly not to let it run too fast too quickly.
This typically starts moving in January and peaks in March when holiday sales # are announced. This has already bottomed at 2.25. With low float of 5 million shares (rest of 29 million owned by Scott Miracle Grow), Cali MJ timing and coming MJ mania, it could easily blast 2014 peak of 9$ especially now that lot of other MJ stocks are already reaching highs.
New MJ ETF MJX is live for trading now. I think GBLX should rise over $1 to become eligible for inclusion in MJX. ETF buying will further accelerate the price since there aren't too many public listed US based licensed growers and medical research companies in this price range. GBLX fits the bill perfectly.
https://www.msn.com/en-us/finance/markets/did-you-just-miss-the-launch-of-the-us-listed-marijuana-etf/ar-BBHnWjQ
Here is an in-depth article series on penny stock shorting.
https://theintercept.com/2016/09/22/the-money-is-gone/
As per the seasonality of MJ stock cycle, Cali and Canada MJ timing and full build-out plans of the GBLX NV facility with expected revenue ramp-up into Q1, I think this will peak around end of April around $2 plus. 2018 will mark MJ as serious money making business with serious players both in industry and stock-ownership. Mania players have already moved to crypto.
Remember, it is still a revenue generating real company with real product in a growing industry unlike some of the cryptos running to moon with just a white-paper and couple of developers promising algorithms which even their peers can't vet.
Just IMHO
If history is indication, SPLI like run may be repeat here, of course, that was with far less shares. Product sales/packaging/parternships are eerily similar, back then Vapes now Easy Grinder. But this time, two tickers VPOR and PubCo, CA MJ legalization and Bit coin mining mania will take it much further. Last time SPLI ran from 0.002 to 0.45 in March, 2014. Same team/same times/rinse/repeat. Fingers crossed.
I think you are right that announcing the ratio soon will make sense while RCGR is hot and requires very less $$ to keep it pumped given ultra-low float and will help VPOR pump as well. IMHO
No, I think pps will remain pumped until free share ratio is announced. That's when rush to VPOR will start due to perceived arbitrage. By the time, free shares will show up, RCGR will crash and that's when bagholders will be created. IMHO
Thanks for keep us updated. Don't you think it is typical scam, where they enable VPOR debt holders to offload billions on new bag holders by showing carrot of free shares of PubCo. At the same time, pump PPS of PubCo to dizzy heights where ratio of VPOR to Pubco goes to hundred of thousands or even millions. Also, the process of issue of new shares will take typically few weeks while PPS of PubCo can be further manipulated. By that time, price of PubCo comes to ground level. In the end, PubCo benefited by issuing far less shares and VPOR buyers ultimately paid for the debt. SPLI scam repeat. I hope I am wrong. Please feel free to correct.
Looks like it is ready to go now. With CA MJ legalization 18 days away. AERO farm is an awesome, high yield product. Totally debt free, small float, Scotts gave them 4 million back in Sept for holiday season working capital.
New ETF LARE on Dec 28th building positions in various MJ companies, and this being 80% owned by Scotts Miracle Grow, over 1$ unlike other OTC MJ companies is perfect for MJ portfolio.
In the past due to small float with 80% locked by SMG, this stock has moved 1$ to 2$ a day easily.
@Shaark, thanks for keeping updated on GBLX right from 0.20s. Totally agreeing with you,
* Big and respected money (Moody) is in,
* institutional money coming(LARE etf on Dec 28th),
* social media (@SylvaCap with 241K followers on twitter) talking about GBLX regularly,
* securing licenses in many states which will be worth millions to big companies when MJ fully legalized
* low float (127 million) which is right at sweet spot for traders and big institutions
* far cheaper than Canadian competitors. Look at Aurora Cannibas (GBLX market cap 87 million vs ACBFF 2.5 Billion, Aurora has 18 million sales for Sept 2016 trailing 12 months )
* Aurora Price/Sales is 138, Canopy Growth p/S 77. Even with conservative p/S of 10, market cap of GBLX should be 180 Million when Q4 numbers are out in January, giving PPS of $1.40. 100% upside from here
* Once PPS over $1, it opens door to whole lot of institutions which are otherwise barred from investing sub dollor stocks.
* All of this does not even take into account MJ patents already filed and once GWPH patent gets approved it paves way for other patents likes GBLX.
So, reinforcing what you said couple of posts ago, PPS jumping to 5-10$ given sentimental value of MJ to people may not be far fetched.
This IMHO and not an advice.
May I know why they didn't update the float? Do you think after warrant exercise it turned not so good?
Thanks.
There was a block trade of 16k shares at 5.85 much higher than the prevailing ask. Seems someone desperately wanted to buy..
I believe that will increase but most will be held by insiders and SMG. This will help pave way for senior exchange listing. That itself will attract institutional participation. SMG exercising warrants will be clear testament of timing of potential of AERO. Knowing OTC dynamics, if speculators jump in, some crazy jumps in pps cannot be ruled out, though slow progressive share price increase is always better.
Scott's Miracle Grow aka SMG holds warrant to buy up-to 80% of the company. On June 2nd SMG informed that they intend to exercise those before Dec. That will infuse cash of 60 million into the company about 2.5 to 3$ a share. The products are in Costco Amazon bed, bath & beyond, ACE HARDWARE, Solartop. Co made 20 million revenue and with impending SMG major ownership, marketing, research and being on cusp of biggest beneficiary of home growing of MJ, itwill become veryexplosive stock in next months
Thanks.
That's sounds right since one of their biggest customer Mevion has filed for an IPO that would bring focus on TPCS. As per IPO documents Mevion has signed purchase contracts worth 257million. So better times are ahead for TPCS.
Posting an old message discussing trading pattern of companies that in the past have entered into deals with Ironridge. Interesting read..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101559780
That's awesome rock! How can I get your alerts. email?
Super article. Thanks for sharing. A must read.
From the article...
"Injecting a million comics into kids’ hands via the Toys ‘R’ Us chain, every week fundamentally alters that paradigm in a very powerful and significant fashion. That’s four to five million comicbooks every month now in the hands of children and their parents — most of which getting read multiple times by multiple people in each household. In a single move, Red Giant may have just restored the readership in comics to what it was 40 years ago when comics written by Stan Lee reigned supreme. "
"In financial terms, that’s astounding."
"A million books a week, several million potential readers every week, is far more than Marvel or DC offers their advertisers even with big conglomerates behind them.”
"Beyond all the revenue-generating ads and the direct money from ancillary publishing, the Toys R Us deal open the doors to other opportunities, including DVDs, videogames, plush characters, board games, action figures, and so many other toys. “Connect [those] dots of opportunity,”
AERO been Mark Gomes's pick to triple https://poisedtotriple.com/tag/aero/. He has solid track record of triple picks. Hopefully AERO should make triple club.
REDG facebook post "Getting over jetlag would be easier if we weren't so busy. Some amazing stuff to announce soon. Stay tuned, because we guarantee you won't see this stuff coming!"
https://www.facebook.com/RedGiantEntertainment
Trips + amazing stuff coming = good bounce
Agree. As long as these pumpers will leave it alone and let it make slow climb. This repetitive pumping is causing exact opposite effect on stock.
WA rollout in July should provide new impetus and increased media coverage to this sector including GBLX.
Please know Sierra equity who put WB prediction is very unreliable and posts wildly inaccurate predications. Raising too much hope around WB may cause disappointment and eventually hurt the stock. IMO
That's correct Sierra is mostly bs!
Saw this yesterday. Not sure if already been posted.
http://sierraworldequityreview.blogspot.com/2014/05/apt-group-froz-to-land-huge-contract.html
OTC does not trade after hours. Those transactions are usually T-trades that get traded during normal hours but do not get reported until after close.
Very well said! Company has sophisticated products for MMJ pharma industry which typically have high entry barriers. Not just Grow Systems http://growbloxsciences.com/growblox/ but also specific Cannabis oils.
From their website:
GBS R&D Laboratories will develop and license specialized strains of medical-grade cannabis and cannabis oils for the medical consumer market. Our team of scientists will develop and acquire specialized strains for various ailments such as:
Anorexia
Arthritis
Cancer
Chronic pain
Concussions
Glaucoma
Headaches
HIV/AIDS
Insomnia
Migraines
PTSD
Seizure disorder
Stomach problems
CEO of the company seems to have good command of business and industry as seen in Milken Institute panel discussion.
You might want to get in touch with StockScout1 on this board who is the most knowledgeable on MINE.
Please put 2.5 Million for me in the lock down spreadsheet. Thanks! Twitter handle @GuruSapphire
Hope this may help. https://www.tradeking.com/investing/day-trading-rules