Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I will see if I can find out. Had to drive to San Diego today, not exactly in the same direction. I saw the pictures, though. I will try and check into it this weekend more, but might have to wait until Monday if I have to wait on next business day.
They have it listed in their portfolio of companies.
First significantly profitable year they have had, though. Last year they made 80K net profit in the whole year! These year over year revenue and profit increases are quite tremendous, so that's why I buy now before everybody else finds out how undervalued it is. Once the PR comes out, this could possibly end up running that high.
And they have made over half a million in net profit in the first 9 months. Not to mention, if they are in the MMJ business, there is going to be a larger harvest of the 8-9 months cycled plants soon, as well. If the disease also clears and the price of shrimp drops, then they may widen profit margins back out, as well. The last quarter to the year could prove to be the most active yet.
Numbers for 9 months ending 30 Sep 2013:
Revenues: 10,964,817
Gross Profit: 1,067,830
Net Profit: 573, 194
They have been importing SHRIMP. Of which there was quite a shortage of and a spike in prices over the summer. This could have closed their profit margins.
On a relatively new holding company, with a market cap under 1M, and steadily increasing revenue and profit? What exactly is pathetic?
10M revs 1M gross profit, are the correct numbers. read the report again
How about listed assets up to 1.8M with liabilities at 589k? What about those numbers?
You mean 10% gross profit, then it would be about a 5% net profit? What numbers are you looking at man?
One of the people you mentioned before, can't remember. Sorry, checking on my BMSN stake, too. Either way, the cash was supplied as needed for the company.
I am still unsure if they are going to issue that PR tomorrow morning, but if they do and everybody gets a look at the numbers...It won't matter that the stock has 1.2B issued and outstanding (20% of which are restricted shares held by KCN Capital) the share price still sets its fundamentals way undervalued. So, if the price runs, the short sellers can't offload their shares, (Which there have been over 60M sold short in the last two days alone.) and we get a squeeze, so as more and more people accumulate, less supply, blah blah blah.
Especially after selling 42M out of the total 65M shares short yesterday! This could turn into a nasty short squeeze.
http://regsho.finra.org/FORFshvol20131009.txt
Jesus, 59 M (over 1/3) shares sold short today.
http://regsho.finra.org/FORFshvol20131010.txt
83 M Shares shorted today. Insane.
http://regsho.finra.org/FORFshvol20131010.txt
Mild dyslexia on my part. My apologies.
If you check the reports on OTC Markets, you will see they cover different time periods and separate segments of the quarterlies.
Check it out folks! 33M Shares shorted today alone!
http://regsho.finra.org/FORFshvol20131010.txt
Over 30M Shares shorted between Monday and Wednesday. Waiting on Thursday.
Here is a good place to start on checking the shorts:
http://regsho.finra.org/regsho-Index.html
Definitely hoping on a short squeeze tomorrow. Anybody got share count of how many shorted today?
Wait for it....
I have been waiting for that too. Just don't know how long they will keep us.
I think the we might end up waiting for the after lunch rush before there is a better run.
Thanks, that's what I thought, the IHUB count threw me off.
Who has the 7M ask? Is that the market makers or retail investor??
Is the outstanding share count on this correct?
tomorrow is going to be nice, with the new reports!
Ahahaha. First, its they don't exist, now it's they don't make enough. Well, it is enough to beat their market cap still, several times over, if we went off profit alone!
Hahaha. I am sorry, but I guess you don't know that brick and mortar dispensaries in California don't allow people without cards to even see what they have available, let alone putting up a sign and opening the blinds for everyone to see. It is still rather tricky with the fed regs, so the best way to go is to just stay under the radar, and not noticeable. These pictures still don't prove much.
hoping it breaks 100M today and takes us to .0012
I suppose. Though, it would be rather silly to only trust one source. Then again....I guess there are those that do. Usually Marketwire is a pretty damn decent source. I don't believe they are known for running consistent scams, and pretty well know for decent information. I will choose to trust them rather than just one basher, though, until I do find the full information.
Thanks, will do. Either way, though, still good to make money on in the short term.
No promotions recently. Dunno what he is talking about. www.stockpromoters.com will show earlier promotion, but none recent. The most recent ones were not compensated, but in may there was some paid out. Nothing that is convincing enough that this is a scam.
Do you have the other ones? Shoot me the links. It will be something I will try to talk to them about and see what their response is.
Check the Management teams. Looks like they are at a minimum, related. Looks to be siblings that split off to do their own thing.
It might not be popular, but I do appreciate the information! Hopefully it can be proved wrong. :)
Page 10 on the other company's statement, for the company's history. Not financial statements. It doesn't convince me that LATF is a scam though it is very interesting.
Interesting information. I live a few hours away from where they are supposed to be. I will have call them and see if your suspicions are founded. Hopefully I can pay a visit, as I do have my MMJ card. :)
Even if there is no merger, the 28 sep shipment of shrimp, with prices at the level they are is approx. 300k in revenue, on one shipment. that covers 150% of the current cap alone, in 1 shipment of shrimp.