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Agreed but I think it happens with or without anyone. The people will demand sweet stinky weed.
Huffington post has the polling data. I believe it was 63% favorability
I'm all about decriminalization but as a republican the tea naggers are bad for business all around in so many sectors.
We all know phot is a long play. My point about going parabolic would be to sell off on a high then buy back on consolidation in the low if it were to happen. It's highly doubtful and agree with a slow climb for longevity. I see phot over a buck in a few years. Hopefully this will be my amazon and I can rub it in my dad's face like he does to me about yahoo! We're gonna be rolling in doe and phot2Trot will be my new license plate. Hahaha
100% agree but likely sooner
I agree, I'm just more interested in getting a bunch of free shares.
I'm hoping we go parabolic. I don't think it's out of the question to be honest. It's a great stock and with the right pr, news and financials timed correctly. We can hope
I'm hoping we go parabolic. I don't think it's out of the question to be honest. It's a great stock and with the right pr, news and financials timed correctly. We can hope
God I hope your fibs stay on point as they have. High teens would be awesome to sell at and buy back in on consolidation.
When you lose nearly 30% of your value on the day after you failed to deliver the quarterly report it might be difficult to pick up new investors. No prs is going to salvage this train wreck. Prs matter even to short term holders because NUMBERS matter as does keeping your word as CEO.
When a group of us invested in Skto at .0052 we were well aware we had till financials. So on Thursday the day we were supposed to get them we set a # to sell at which was eventually triggered. Had positive financials come out we would have held for another quarter and our order would have never been executed.
So that's why we care about PR's, the people that do usually profit (we tripled our investment) and the people that lose like most of you sadly are left with worthless shares. Scams are there to profit off of, they're for suckers, but if you know it's a scam going into it you can time your exit appropriately and let the suckers help you profit.
No worries dude
Where? Please advise...give this info and I'll be satisfied:
What was their quarterly overhead for doing business (marketing, office expenses, etc)
What are their current liabilities with debt?
How much of the revenue was collected?
Revenue per employee?
Return on assets ROA?
Shares outstanding?
Total debt/equity
GROSS profit margin (that's a big one)
Give me this info if you can?
I'm a CPA and if I ran a clients books like this or reported like skto I would be fired or lose my license
And not collecting any all at once
Failing to collect the previously recognized revenue is a catastrophe... 10 minutes to close, you still think it's closing green???
Amen
And down 500% since April, yeah it's all about how you report the numbers...
Timber..... Financials matter
Just block him, everyone is tired of the same broken record hype. We get it! Im long phot like most on here but the cheerleading is too much, if it was 10% it would be ok but the same info and every other post from him is too much. He's joined the dark side with jumping mullet
I'm a holder ( of house shares now) so I want to see data, overhead, debt, not small pieces of a puzzle. I made a very nice profit on my shares at .0052 I was hoping for better news yesterday in am which didn't come so I exited but kept my house shares worth like $1500 now they're worth like $1200. Anyway a lot of people on this board got in at way higher prices, most didn't get in where I got in, but from what I see on this board is that there are a lot of novice traders on here taking a beating which sucks but that's why people like me triple our investment. Good luck
Yeah in the wrong direction.
Skto to harness the power if unicorn horns and leprechaun farts for new product...
Ha blind faith... I'm an 80% "animal spirits" type investor 20% charts. I never really invested in pennies until I got into mmj stocks but a friend told me about skto, but mainly how it looks really shady reporting wise and essentially a smoke show. His exact words were "it's a flea circus." People want to believe the hype so they keep dumping money in thinking they'll eventually cover. When it hit .005 that was the green light for investors and traders like me because we knew we had a few months before "financials," so we tripled our buy in sold core positions on highs bought back in lower and got a ton of house shares to just sit in hopes that mgmt will get their shit together. My buddy is a penny wizard, he bought pier 1 imports at .11 and opened his 1st day trading office with it. Message me for the new mmj play we're gunning for.
I dumped yesterday on no news, but kept 100000 house shares just in case of a miracle. Had I held till this morning it would have cost me half my profit as I got in at .0052
30 million monopoly dollars in revenue!
So what's the net profit year to date? That's what's important as well as cash on hand...
This is why we should have got financials yesterday during the TRADING day...
What's the share count?
Let's say ur right, where do u think we go after financials? Explain wizard thanks
5000 divided by .005 equals 1000000
Neither am I
I gave a clearer explanation of my first post. Regardless the 2nd post makes sense unless u disagree.
4pm is the end of the trading day, is that so complex to understand.
No, it would just be useful to get financials during a trading day dummy. Everyone would agree here. If financials are bad for arguments sake and you release them after hours the next day there is going to be a negative run on the stock in which orders might not get filled etc and every minute is agony as you lose $. If they're positive and you want to buy more then you'll have to buy the shares while it's rising which no one likes to do. If the financials came out during the day like 99% of companies financials then the market (us) would have time to digest it and make our move, which is great if you can evaluate the #s quickly. I've only been in this stock for less then 60 days but I bought in 5k at .005 so like anyone else I'd like a home run, I would just like it during the day... Good luck
Today ends at 4pm, before midnight is tomorrow as far as I'm concerned.
But in the mean time stock starts dipping, if they don't get it in today then the stock drops until they get it out. If the drop is major it won't kill me as my buy in was .005 but I also don't want to see profits disappear. Hopefully it's out by lunch.
When a company doesn't deliver on getting financials to us on before the date they say there's a problem. IMO
I wish I was more optimistic but today's news in Maine was not good...
G.I.F.T info a few days old from AB's conversation with sterling Scott implies they started gift due to grower inquiries and should have someone already signed up. They are waiting it seems with that news. This info is on 420investor.com FYI
There should be a record date for the dividend which basically lets you know that you can get the shares if your holding on that day. People will usually buy in get shares then bail. Mwip did a dividend of 800 commerce it was 150/1 and it was trading at .05 at the time. That was 2 months ago and the stock is now half that as an example. The shares of 800commerce have yet to have a value the math was for every 10000 shares of mwip you ended up with 66 shares of 800 commerce so really you might get a few extra bucks of hemp stock, it won't be anything significant. Especially because they can't cover the preferred stock if it was cashed in... Fyi