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Yep. Like I said earlier. When you see my name start to show up here you know it's time to buy
Guys, I bought the dip to .18 and told you it was going higher. I sold higher. I bought the dip back to .19 and guess what? This is going higher. This time I hold until .24
How many years have you been calling doom and gloom for stocks listed on the OTC? Lol. Do you know how much long and short term debt TRTC have?
Nasdaq can't happen unless MJ is rescheduled. You need to do better than that. Please take time to understand how the market works
DP knows how to lobby so I can only see good things. Penny flip all you want because I know this will be at least .30 by July 1st
I think you missed the part during last earnings call where they mentioned positive forward guidance
DP (last earnings call): "Our auditors essentially concluded that even in this uncertain environment, we have the current resources to support our operations as well as the growth plan over the next year. For our shareholders, this means that we have built a solid self-sustaining base for future growth"
MJ (last earnings call): "Revenue guidance for the full year 2017 is $38 million to $40 million. The predicted increase in year-over-year revenue is expected to be driven largely by the sales of the company dispensaries in California and Nevada as well as continued growth of the IVXX brand throughout the California and Nevada markets."
DP (last earnings call): "Our Reno dispensary is a true 50-50 partnership. We get a 100% of the revenue we are 50% essentially of the profits to our partner up there. The other locations according to the operating agreements we basically have the right to a 100% of the revenue and 100% of the profits as the majority interest holder of those subsidiaries, we have a right to buy out the membership interest of the other holders at a value associated with our capital accounts. And that being said, I guess that’s something that we’re going to be executed, I think on over the next quarter or two just to clean up the accounting associated with that.
We've grown this company from a handful of employees to about 200 from $0.5 million of revenue in 2012 up to over $25 million last year and we’re really excited about our future. It’s not going to be easy, but we said to everybody we’re in this for the long haul, but we are finally feeling some tailwinds in the industry that we haven't felt in the past, regardless of the kind of federal government issues from an operational standpoint."
I take this as a bullish indicator. They must have a surprise in store. I bought today's dip just to see what they have. I love surprises...lol
Man did I ever make it big buying yesterday's drop. Told you guys. Quit complaining and start making money.
Bulls are in charge now. Period.
Hate to break it to you...insider selling is happening for both Canadian and US stocks. The largest company in Canada valued at over $1 billion had 2 insiders dump 1 million shares each for a cool $6.5 million profit for both sellers. Does it mean the company is toxic? Nope..just somebody wanted out and were satisfied with their investment and want to reap the rewards.
No it's not a good thing but me making money is. Already up $600 today....looking for .25 minimum
Reversal time! Bottom was in this morning at .18. This is precisely when I got in. Swing time to .25!!
I bet some of the bears even jumped on .18
That's what I did. I'll ride it up to minimum .25 going in to the next financials. We all know that's where it will be
Only up from here
On 1800 volume...lol
Canadian and US weed stocks in oversold territory. Should see a bounce soon.
Anybody else buying this dip? We know we've all seen these levels before just as we've seen insiders sell before.
All these form 4's are clogging up my inbox. I'll need to create a new folder for them
Going to be a rough few months ahead here. Maybe Dan has this drift down to the .004 mark before the next pump? I still see it going to .001 or lower
LOL!!! At December 31, 2016, MGT’s cash, cash equivalents and restricted cash were $345. The Company intends to raise additional capital, either through debt or equity financings or through the continued sale of the Company’s assets in order to achieve its business plan objectives. Management believes that it can be successful in obtaining additional capital; however, no assurance can be provided that the Company will be able to do so. There is no assurance that any funds raised will be sufficient to enable the Company to attain profitable operations or continue as a going concern. To the extent that the Company is unsuccessful, the Company may need to curtail or cease its operations and implement a plan to extend payables or reduce overhead until sufficient additional capital is raised to support further operations. There can be no assurance that such a plan will be successful.
Exactly. This was great to ride the pump wave from .001 but beyond that I see more dilution and back to .001.
I rode this stock last fall and got out when I saw the same round of dilution. This isn't dead but if you buy now you'll be riding it all the way down to .001 again
How are they developing product in 800 sq/ft of office space? Lol
Seriously guys...how is this pharmaceutical company making anything out of 800sq/ft of office space? Wow wow
You're not supposed to read the fine print...you're only supposed to read the corporate presentation...lol
Shareholders of Record
As of March 23, 2017, an aggregate of 1,450,204,599 shares of our Common Stock were issued and outstanding and owned by approximately 115 shareholders of record. Due to shares of our Common Stock being held by depositaries, brokers and other nominees, the number of beneficial holders of our shares is substantially larger than the number of stockholders of record.
On September 30, 2016, the Company amended its Articles to increase the Company’s authorized shares of common stock from three hundred and seventy-five million (375,000,000) to ten billion (10,000,000,000), par value $0.001 per share and to authorize for issuance up ten million (10,000,000) shares of blank check preferred stock par value $0.001 per share. The Board is authorized to designate the rights and preferences of each series of preferred stock.
24
On December 23, 2016, the Board designated 51 shares of Series A Preferred Stock. Among other provisions, each one (1) share of the Series A Preferred shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding shares of common stock of the Company eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. For purposes of illustration only, if the total issued and outstanding shares of common stock of the Company eligible to vote at the time of the respective vote is 5,000,000, the voting rights of one share of the Series A Preferred Stock shall be equal to 102,036 (0.019607 x 5,000,000) / 0.49) – (0.019607 x 5,000,000) = 102,036). The 51 shares were issued to Daniel Yazbeck, the Company’s Chief Executive officer and the sole member of the Board. Mr. Yazbeck, via his ownership of the 51 shares of the Series A Preferred, has control of the majority of the Company’s voting stock.
On January 6, 2017, the Company designated 300,000 shares of Preferred Stock as Series B Preferred Stock. The Series B Preferred is convertible into shares of Common Stock at a conversion price of $0.0001. Holders of the Series B Preferred are entitled to receive dividends annually equal to $0.10 for each share of Series B Preferred held. In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, the holders of Series B Preferred then outstanding shall be entitled to be paid out of the assets of the Company available for distribution to its stockholders, before any payment shall be made to the holders of Common Stock. Until such time as there are fewer than 20,000 shares of Series B Preferred outstanding, the Company needs to obtain the majority votes of the holders of Series B Preferred with regard to certain actions. Holders of Series B Preferred shares are entitled to one vote for each share held, are entitled to elect up to two members to the Board, and, absent such election, are provided certain voting and veto rights with regard to any vote by the Board. On January 6, the 300,000 shares of the Series B Preferred were issued to Mr. Yazbeck.
Down
What a joke. Let's have a call so we can discuss our progress but no 10-k has been filed. See you back at .001
Take your loss and move on. This is going to zero
No investment here. This is just a flip
I'm out. Sold all 230,000 shares. Late filing isn't sitting well with me. Good luck everybody
Folks better raise that bid if they want in this morning. Watch the $$ roll in
Buy gold people. This is the only guaranteed investment over the next 5 years. If hospitals can't make money with the aging boomers then we're screwed
RIP ADPT
RIP MGT
Who is BMAK? Is that just a brokerage?
Right because so many use their real name here...lol. Wake up buddy
I don't assume what his handle is. It is what it is!
Your handle is deeply disturbing. What is wrong with you?