Any stock I mentioned, post my opinion about or my DD is not a recommendation to buy, hold, or sell. Trade at your own risk.
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NATE CREATED FOUR SUCCESSFUL COMPANIES! ALL 4 WERE SOLD.
READ NATE's RESUME - see sticky note.
US is a LARGE ENOUGH MARKET!!!
We're not going to worry about international.
Thank you for posting this one monda2frida!
Many new people here have not seen it.
It wasn't just a different soap that you can just go to another soap manufacture. This product requires a special equipment and a special packaging. So it wasn't so simple.
That is why Nate is planning way in advance now.
Who cares about that? It was a test for a for the on line demand, not for an established delivery facilities.
THIS TEST WAS HUGELY SUCCESSFUL!!!
By February they will work out the delivery. He has done it before.
THE DEMAND FOR THE PRODUCT IS ALREADY ESTABLISHED by the previous multi-million sales of a similar product.
THAT IS THE KEY!
- Unlike many penny stocks Nate is not just having an idea of the product - he has the product. He has conducted the tasting meeting and anyone was welcome to come. We have great feed back from the people who's attended.
- 10,000 cans were sold in minutes!
- The pancakes taste better than previous product and the cans themselves are beautifully designed.
- The co that is provided financing does not necessarily has to have to funds. They have to know how to raise the funds. The real estate companies do it all the time.
- Nate HAS DEVELOPED AND SUCCESSFULLY SOLD SEVERAL OTHER PRODUCTS. He has NO history of any type of shady operations.
HE HAS A HISTORY OF SUCCESSES WITH HIS OTHER PRODUCTS.
- The previous product failed not because of a lack of demand, but because of manufacturing problems. That is why Nate is planning for the future demand and wants to build his own manufacturing plant.
- Nate must have an EXCELLENT INDICATIONS from the stores, if he has already ordered supplies to manufacture the product in large quantities. He is not a naïve novice - he's successfully done it before and he knows what he's doing now.
The MARIJUANA BUZZ and good News are already started heating up.
I see one newsletter's headline: GET IN BEFORE THE REST AND START PROFITING!
News from Washington DC: Federal Spending Bill Brings High Hopes to Medical Marijuana and Hemp Advocates
"...The most recent federal spending bill was released on Tuesday and included are amendments that would stop the DEA from using funds to impede with state-legal industrial hemp research. The amendments would also stop the Department of Justice from using funds to go after state medical marijuana programs."
THE UPDATES WILL BE COMMING IN THE MEAN TIME and that is what going to move the stock short term.
OTC has changed the "stop" sign to the "yield" sign.
I agree with wallstreet, if someone wants to buy the stock while it is still under the radar, they can easily call in and purchase as many shares as they want for the same "on Line" commission.
Once the Attorney letter will be furnished (and we know their lawyer is working on it) even the "yield" sign should disappear.
We know what has happen last time, when Megola published PR - both the pps and the volume went up by the second and it was a lot harder to purchase the stock even on line. Off course last results do not guarantee the future performance. It's up to the individual to assess the risk they're willing to take.
What we see on the daily basis now is the stock manipulation: tiny low volume sales designed to push pps down and a big volume buy orders on a buy side.
More from Yahoo:
"Hello xxxx,
Thank you so much for the below updated information! I have notified the Data Team of Megola's updated website and profile information. Again, I will keep you informed as updates become available.
If you have any other questions/comments please contact Client Support. We will be glad to assist you.
For your future reference, your case number is 02352086
Regards,
xxxx
Product Consultant, Client Services
S&P Capital IQ
Contact Client Support:
+1 888-806-5541
+44 (0) 20 7176 1234
--------------- Original Message ---------------
From: xxxx
Sent: 12/18/2014 10:27 AM
To: clientsupport@capitaliq.com
Subject: Re: Megola Inc. Yahoo Finance Profile: Case 02352086 [ ref:_00D30aXa._50040ha1fi:ref ]
Thank you for your message xxx, I appreciate your diligence!
Please also bring your team attention that Megola has a new
website
www.megolainc.com/
and a NEW PROFILE (please see the text and the link to the profile page below):
"Megola, Inc. is a Nevada Corporation with its Canadian Headquarters in Mississauga, Ontario, Canada, and trades on the OTC under the symbol MGON.
Megola Inc. has rapidly refocused and diversified itself into one of the fastest growing industries in the world today…the Medical Marijuana Industry.
Megola Inc. has isolated several key opportunities within the rapidly emerging Medical Marijuana (MMJ) industry and looked to exploit its expertise in the environmental and agricultural sectors with cutting edge technologies that directly and indirectly reduce costs while yielding higher production output…bringing fast and significant returns.
Megola Inc. is structured into four divisions that utilize its assets in new operations that focus on the emerging Medical Marijuana industry in both Canada and the United States:
1. Megola Inc. is an investment company that provides venture capital to Medical Marijuana (MMJ) companies and invests in ready-to-market technologies and patents that support the newly emerging MMJ industry, including a Letter Of Intent to partner with Support Your Buds proprietary crowdfunding platform that is customized to focus specifically on this fast growing sector.
2. Megola Inc. invested in a federally licensed and regulated organic medical marijuana grow operation that is among the largest in Canada, an operation that capitalizes on Megola’s expertise with water and air technologies that will result in a problem-free product with a higher yield at their state-of-the-art aquaponics facility.
3. Megola Inc.’s ScaleGuard physical water treatment is a breakthrough technology that is a cornerstone to operating any aquaponics or hydroponic system, reducing downtime through de-scaling pipes while providing a natural anti-biotic plant treatment to kill pests, germs and diseases instantly and a sterilized root base to take on extra oxygen to stimulate healthy, new growth.
4. Megola Inc.’s exclusive AirGuardian system is a man-made, natural non-chemical Ozonator air system designed into their medical marijuana grow operation that will oxidize odors, bacteria, mold, yeast and mildew while providing oxygen for plant vitality, resulting in healthier and more robust plants with a significant higher yield."
http://www.megolainc.com/about-us/
Many thanks,
xxxxx
New response from Yahoo:
"Hello xxxx,
Hope you are well. Apologies for my delayed response--I have been out of the office. In regards to your below follow up: The Data Team is actively working on updating the Yahoo! profile for Megola Inc. Please do note that profile updates do take several business days.
I am in contact with the Data Team regarding the profile update and will reach out right now regarding the progress.
If you have any other questions/comments please contact Client Support. We will be glad to assist you.
For your future reference, your case number is 02352086
Regards,
xxxx
Product Consultant, Client Services
Thanks Moras.
Same here, 2015 looks very good. Although I'm happy I took a profit selling one of my stocks between $9.50 and high $8's. Now it went down to $5.
As we well know not all of them are keepers.
I'm holding tight to my MGON shares and to a couple of others.
Looking good. Higher lows and the pps keeps jumping up.
I like your chart Quik18. MFI started moving up again. SMA100 has flatten and SMA50 and 20 are pointing up.
Thank you Moras. I'm giving you my member mark for all the work you've done hear.
investor229, thank you for this and all your others in depth DDs, including the chart with the tech comments.
We'll keep our fingers crossed. I'm with you on all of those.
Taking care of the Attorney Letter and posting a very positive update before the Santa Claus Rally and January effect would be VERY TIMELY!
Message from Paul Wylie.
"xxxx, there are going to be some major changes that at this time I am not at liberty to say. I can say this it will be to all the investors best interest. The train was slow getting out of the station but it gave me time to see the bottlenecks and now to do something about the problems.
Until we get all the legal issues sorted out I think we'll leave the site down until we can come out with rapid fire announcements that will turn heads!"
Moras,
Please delete message #5903. Sorry, I was rushing out and made a typo.
I'll drink to that Gymula.
Re: Dick Weed removal.
moras, a few days ago I emailed the request to OTC to remove Dick Weed from the list of the attorneys with the links justifying this request. I've signed my name and added that I'm a shareholder.
I'm sure MGON management has their hands full and I'm happy to help, if I can.
I've also emailed Yahoo to update their grossly outdated Key Info page. I've got a response:
"Hello xxxx,
Thank you for contacting S&P Capital IQ. In regards to your below Megola, Inc. update request:
"I have forwarded this request to our Data Team, which is responsible for profile updates. As soon as I hear back from the Team, I will notify you via e-mail.
If you have any other questions/comments please contact Client Support. We will be glad to assist you.
For your future reference, your case number is 02352086
Regards,
xxxx
Product Consultant, Client Services
S&P Capital IQ"
I hear you can buy it, but you have to call in. It won't cost you more, they still should charge you the "on line" commission.
I would also mentioned to them that MGON filings are current now and they have to review their list.
Fidelity have never restricted MGON, although they also have a restricted list. Unlike Scottrade, Fidelity tells you specific problems with the company on their restricted list.
Thank you for posting your chart Guik18. I'm glad somebody else also sees where we are technically.
Thank you Mjm. choctaw, welcome to the board!
This is what's NEW: The CEO has never before made this remark:
"Not to worry about anything, everything is moving forward."
Tax selling is already done. Here is why: smart investors know that they have to do the tax loss selling 30 days before purchasing the stock back. Otherwise it's a "wash sale". January Effect is coming in two weeks - too late to sell now. This year marijuana stocks specifically should have a big January effect, since nine US states and Guam have legalized medical marijuana. The law is going in effect on January 15th.
So you have to sell 30 days in advance before you buy back. With the good news we're expecting to hear from MGON it would be very risky to sell now, just when the stock may shoot up again.
In March MGON went up to $0.16 just on the announcement of the Letter of Intent with GR. So anyone can make their own guess of what will happen when Megola will announce that the deal is sealed.
We are moving forward... They're getting ready to shoot from the rooftops.
Recent messages from the management for those who missed these posts:
From Paul Wylie:
"...there are going to be some major changes that at this time I am not at liberty to say. I can say this it will be to all the investors best interest. The train was slow getting out of the station but it gave me time to see the bottlenecks and now to do something about the problems.
Until we get all the legal issues sorted out I think we'll leave the site down until we can come out with rapid fire announcements that will turn heads!"
From our CEO:
"We will get going on the PR.
Not to worry about anything, everything is moving forward."
We'll see what you'll say in January, perhaps even sooner than that.
Your post sais that you're still lurking here.
Keep checking in...
It means you want to get cheap shares.
Thank you for reposting! Very important info!
Chaebol thank you for all your great DD!
Especially appreciated because you have to get up at 2am to get it.
That count down was a bad idea. I guess they have decided to get read of it.
My expectation is that we'll get an update from Megola sometime next week.
Someone got a real bargain today 100K at .005. They want to buy 900,000 more. Not my shares!
223556 Would you please repost your comments about the CEO. That is what convinced me to add more to my position. Thank you.
True, thank you for the reminder.
It doesn't make any sense to me. It was a very good post with a positive bottom line. I was impressed by your reasoning and have added to my position today.
My guess is that the mod has not read the entire message. Any one can make a mistake, especially when there are a number of bashers on the board.
I would suggest for this person to re-read the post and re-instate it.
That is a good number to start with :)
The mm is trying to get longs to sell him the shares. He has sold 2 and 4 shares today, just to paint the tape.
MESSAGE FROM OUR CEO:
I've emailed Magaly Re: Updates, here is her response:
"We will get going on the PR.
Not to worry about anything, everything is moving forward.
Magaly".
I like your reasoning.
Filings are already posted. See yesterday's message #5860.
Now the company suppose to post a number of updates.
On January 15th the MJ laws in a number of US states are coming in effect.
This should heat up the interest in all MJ stocks. Last year they were all up from January till April.