Everything I post is IMO
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"Is Crypto Pot’s Banking and Supply Solution?"
https://coincentral.com/cryptocurrency-solutions-helping-pot-industry-growing-pains/
"The Ultimate Guide to Cannabis Tokens"
https://themerkle.com/the-ultimate-guide-to-cannabis-tokens/
ICO tracker
https://icomarks.com/calendar
ICO Stats
https://icomarks.com/stats
Support / resistances being tested. Going to be choppy for a bit.
"Hayden IR will work to raise Plandai's visibility within the investment community by strengthening its relationships and increasing awareness with the goal of ultimately enhancing shareholder value."
The phyto trademarked assets they own directly relate to TXTM's future marjiuana application. Pretty exciting without any cost to TXTM shareholders.
"Plandai Biotechnology Engages Hayden IR to Develop Comprehensive Investor Relations Program"
I can't believe this hasn't been posted yet!
Pretty relevant in the scheme of things if you ask me... PR firm hoping on board to PLPL. PLPL owns (once growprocess deal closes) 30% of TXTM... I wonder why they are hiring a firm to increase PR!!! Maybe they are on the cusp of something? You need a PR firm to increase awareness for an ICO as the awareness / success directly relates to it's visibility in the crypto / marijuana market!
Won't be long my friends until the patience pays off with this name.
https://www.nasdaq.com/press-release/plandai-biotechnology-engages-hayden-ir-to-develop-comprehensive-investor-relations-program-20180312-00541
"Mr. Hrovat added, “For the past several years, I have been focused on building a successful CBD oil and edibles business including gourmet CBD-infused chocolates, all under the Papilo™ brand name. We are currently looking to potentially roll that business into Growprocess in order to fully integrate the business and use the Slovenia estate for full CBD production, including oil extraction and finished product, to supply the Company’s Papilo™ product line. Our goal for 2018-2019 is to expand our product offerings and sales while also vertically integrating all aspects of production to ensure quality and stability of supply for our customers. The ICO proceeds will be used to bring us into full production, from growing medical-grade hemp, to extraction, to finished goods manufacture and packaging. We will also be using a portion of the proceeds to fund the research and development of Protext Pharma, who will be finishing the development of a full-profile medical cannabis extract for pharmaceutical applications. This extract is expected to include the acid-form precursor cannabinoids THC-A and THC-B together with the CBD precursors in a non-psychoactive complex. Pending approval to commence operations from the South African government, this medical cannabis production should commence in the first part of 2018.”"
Been 47 days since they posted the whitepaper would be out in 45 days. Have to imagine we get our white paper soon and a bit more clarity as to what is going on. I bet the whitepaper had a lot to do with this transaction closing. incentive / legal reasons, ect. IMO
https://globenewswire.com/news-release/2018/01/25/1305161/0/en/Growprocess-Announces-Plan-to-Launch-Phytocoin-Cannabis-Commodity-Backed-Initial-Coin-Offering-ICO.html
You people at 12 are cutting the line!! lol. It should retest 10/11 this week i'd think as it was a prior support / resistance level. We'll see. I got an appetite for 11's though like you wouldn't believe... :)
Technically this looks great. The buy pressure reminds me a lot of the action weeks prior to significant gains. This is going to prove to be the last load zone before big gains IMO.
5th day in a row with higher lows. With the trend and technical indicators like the current golden cross proving enough to move the name... Any news will be met with stupid buy side demand. The current trend with no news has been a clear load zone for those people who understand the value that can be unlocked here with a successful product launch in it's Phyto-coin blockchain solution
IMO They have got ahead of themselves in late 2017. I think they laid out a plan to the government in which they said they would pursue the blockchain and TXTM thought that would be enough to satisfy the last requirement.
I think they miscalculated timelines as the government wants a working blockchain solution... Which is currently being developed. And if my estimates are correct. That should take a few months. That doesn't mean other parts don't create excitement long before then like the Slovenian grow operation + growprocess.
Just time to be patient. The rewards here are going to be incredible. The blockchain / Slovenian grow operation will ramp up around the time Canada is going fully recreationally legal. All eyes will be on the sector and TXTM will run with it IMO
"stealth mode"
I would prefer to not outline everything they wanted to do. Why let competition build before you come to market? Sounds silly if they truly believe the blockchain is the last piece to feel the need to come out and put fluff out constantly.
They don't need to appease day traders if the company is working on real developments.
10. Digital Industrial Revolution Commission
Government will establish a Digital Industrial Revolution Commission to seize the opportunities in the digital industrial revolution.
https://www.fin24.com/Economy/ramaphosas-10-point-plan-to-revive-sas-economy-20180216
Now it makes sense why PLPL gave up 35% of it's 65% ownership once the contract is closed. The blockchain is going to penetrate the whole of the countries economic agenda going forward. So you can see why it was asked of a new industry being formed as that is where the whole country is going. Cannabis just happens to be where this process could be tested first IMO. Putting TXTM in the drivers seat. The country will look to it's burgeoning cannabis industry for a model to then transform the rest of it's economy.
It will be a beautiful thing. South Africa is getting ready for $TXTM!
"First, we will place the creation of decent jobs at the centre of our every policy, programme, and action" in regards to the first goal of his 10 point action plan.
Point 10 relates towards the country as a whole moving towards the blockchain IMO just as many other countries have looked to for innovation.
Missed that part until today...
Absolutely huge to see the government ramping up efforts to create jobs and lil ole TXTM on the cusp of retaining it's license once the blockchain is in place!!!
Think about the barrier to entry for all of TXTM's competitors. If they want a fast track to this industry they will likely subscribe to TXTM's Phytocoin product to get to market faster.
So much to look forward to in the coming months. Where Jeff Sessions set the US market back with uncertainty... President Ramophosa of South Africa is about to jump start the countries economy and TXTM has the agricultural / employment aspect that will be a focus of much of the policy to come under the current administration!
South Africa 10 Point Action Plan
1. Jobs Summit
A Jobs Summit will be convened in the next few months, to help address youth unemployment. The summit should provide practical solutions. This includes ensuring economic growth, better equipped workers and the expansion of economic infrastructure.
2. Investment conference
The investment conference, to be organised within the next three months, should target both domestic and international investors.
3. Revive the manufacturing sector
Ramaphosa said the decline in the sector will be addressed and that the re-industrialisation of the economy will create jobs. “We are going to promote greater investment in key manufacturing sectors through the strategic use of incentives and other measures,” he said.
Government will also introduce a localisation programme for products like textiles, furniture and water meters to be locally procured.
Part of this includes leveraging off special economic zones, to attract foreign and domestic investment to establish industrial hubs and build industrial capabilities, he explained.
4. Supporting black industrialists
There will also be efforts to support black industrialists, investment to develop small businesses in townships and rural areas and open up markets for black entrants through competition policy.
5. Youth Employment Service Initiative
“Young South Africans will be moved to the centre of our economic agenda,” said Ramaphosa.
In March the Youth Employment Service Initiative will be launched to place unemployed youth in paid internships in companies across the economy. “Together with our partners in business, we have agreed to create a million such internships in the next three years.”
6. Youth Working Group
Ramaphosa also stressed the importance of having youth raise their views and engage with government. For this reason a Youth Working Group will be established to advanced the interests of young South Africans, he said.
7. Infrastructure investment
Ramaphosa said a team will be set up to speed up the implementation of new projects for water infrastructure, road maintenance and health facilities.
8. Small business development
“We will work with our social partners to build a small business support ecosystem that assists, nourishes and promotes entrepreneurs,” said Ramaphosa. Government will also maintain its commitment to set aside 30% of public procurement to small and medium enterprises, as well as township and rural enterprises.
Currently government is finalizsng a small business and innovation fund for start-ups. Efforts will be made to reduce regulatory barriers for small businesses.
Additionally, the Small Enterprise Finance Agency, has launched a scheme to fund entrepreneurs with disabilities.
9. Grow tourism sector
The tourism sector can provide the country with “incredible opportunities”.
The sector sustains 700 000 jobs and has capacity to double in size.
10. Digital Industrial Revolution Commission
Government will establish a Digital Industrial Revolution Commission to seize the opportunities in the digital industrial revolution.
"According to CNBC, “Cryptocurrencies and the blockchain technology underlying them could become a $10 trillion market in 15 years, RBC Capital Markets analyst Mitch Steves says. That's more than 13 times larger than the roughly $730 billion value of cryptocurrencies today, according to CoinMarketCap."
From another report I was reading this morning.
"The report argues that the time is right for investing in South Africa, for both domestic and international investors, as president Ramaphosa takes over leadership of the party and government. There is a high probability that the South African economy will be in a much healthier position over the next five years compared to the start of 2018."
https://businesstech.co.za/news/business/230923/this-is-what-south-africa-could-look-like-in-2022-under-ramaphosa/
ACH transfers of cash into TDA accounts take 4 days unfortunately. I've accumulated over 10 mil shares here in the past month. Will be accumulating shares through the phytocoin ICO.
Closely related marijuana blockchain ICO budbo sold 50% of it's tokens to use on it's network for 40 million dollars! I paid .20 for my budbo tokens but many more paid upwards of .35 during the ICO. It's easy to spot value when you been around these things as much as I have. Being early pays off in spades for ICO investments. This TXTM price is your presale. Once details are announced you'll be at regular price.
Let that sink in... 50% of the tokens for budbo sold for 40 million USD.
The whole of TXTM is worth 4 million as the current market cap. When things in the market place become more clear the price will sky rocket.
What is 100% of Phytocoin worth and the subsequent tokens they issue into the ecosystem? Could be a lot. The numbers suggest to me we are in line for .03-.05 cents on my phytocoin valuation alone. Now add in the parent company PLPL giving up 35% of a 65% stake ownership to bring the last partner on board to satisfy the SA medical license criteria as well... Wow. That's why I continue to accumulate!
Nice wall at 12! Hopefully you can manage to keep the price down a few more days while the money clears for OTC stocks! 4 days.. So annoying!
As long as the price is below .0025 (Initial cash infusion from a successful Phytocoin ICO.) I'm buying hand over fist weekly for the account. Friends / family are jumping on board to at this price. Love it.
Their is a big picture here that many aren't seeing yet. Glad that years of crypto currency experience has opened my eyes to what is happening and the revolution being realized in the financial sector and everything it touches thanks to the blockchain.
Cat is out of the bag. Things are moving along nicely... Accumulation for smart traders is becoming a congested trade. To me, with all the catalysts on the horizons... This seems to be the last call for our short lived accumulation zone before the trend resumes with many catalysts around the corner.
Exciting times ahead for $TXTM
Why invest in TXTM? Years ago they got a South African government loan to create jobs. Fast forward to today and you hear the CEO say they are in weekly contact with the government in regards to this license.
But let's just say your business model is live leaf extraction of beneficial nutrients from tea leaves. Why not test this idea on marijuana with it's potential rewards being so great? Why wouldn't TXTM be one of the first to achieve this license when we verify the government has given this company a loan to create jobs years back, AND completed an inspection of the TXTM facilities July 2017. That is the good news. The delays have come because they asked for 3 things to obtain the marijuana license that would allow for EXPORTS OF CBD INTERNATIONALLY. Back to the good news. 2 of those 3 things have been satisfied. What we are waiting on now is the seed to sale management ledger that is required by the government in South Africa to ensure they have the highest quality standards in the industry. What this means is that South Africa medical marijuana will have a higher standard for production to sales and in the market those products will command a higher price.
If TXTM didn't think it had a chance with South Africa of getting a license then why not move / pump a jurisdiction in which it's already legal? These guys are onto something. I can feel it. It all makes sense. Comes down to execution. Plain and simple. Will they execute and make this company a legitimate player? It has yet to be seen.
updated the bottom blurb a bit if you want to add that in :)
"All they have to do is keep a portion of the backed CBD on hand for transfers. Or perhaps they will keep it all. So many potential ways to fund the future here... Not to mention this is a subscription based platform... Which means fees into the ecosystem... Which means CBD tokens will be taken out as people use them reducing liailities on the balance sheet as the company grows its product."
A beautiful thing going on here indeed.
SOLD OUT
https://portal.budbo.io/
You could be part of the 40 million cash invested into that idea + the amount that the company holds. And you still only get a 50% piece of the budbo token valuating the currency in the 80 Million range with 50% owned by the people.
Is anyone getting what i'm saying? A comparable product sold a portion of it's currency tokens for 40 million USD. The company kept a majority to fund it's future.
TXTM allows you to own the company behind Phyto coins. Not just the currency product that is being developed. But when a Phytocoin is sold in the ICO or subsequent rounds. That money will be put on the bottom line as a company liability and the cash will be infused into the company at a 0 % interest rate as it scales up it's business.
While other companies in the space won't be able to access capital... CBD backed tokens can be sold into the market place and the capital returned to TXTM shareholders for negligible fees where the others will have to tap more established financial institutions at high and potentially toxic rates.
All they have to do is keep a portion of the backed CBD on hand for transfers. Or perhaps they will keep it all. So many potential ways to fund the future here... Not to mention this is a subscription based platform... Which means fees into the ecosystem... Which means CBD tokens will be taken out as people use them reducing liabilities on the balance sheet as the company grows its product.
What TXTM is doing here is a beautiful thing.
The 40 million budbo obtained doesn't give you a piece of the company either. One of our parts plans to initially raise 10 million in it's ICO.. which gives the company a cash infusion if met that equals .0025 a share to the bottom line in CASH!
Buying TXTM here gives you the company who controls the phyto coin itself with the mechanism and levers to pull to put more into the eco system and use that funding to expand business operations.
A company that executes this business plan will be rewarded handsomely. Why not $TXTM?
Looks like budbo reached it's FULL funding for its seed - sale management system for the marijuana industry. It's hard to tell exactly but it looks like it raised about 40 million USD. Funding just closed a day or so ago. Very healthy market for blockchain solutions in the cannabis market.
https://budbo.io/
Phytocoin backed by pharma grade CBD plans to raise 10 million in it's ICO. The difference is the business model TXTM and Phyto coin are going for is a model which they then continue to sell into the ecosystem new phytocoins. Where budbo is a 1 time funding mechanism...
The subscription based system being built for business on the Phyto-coin platform is going to change the game and you need no speculate very far to find some very bright marijuana businessmen with their tentacles on pieces that are being acquired by TXTM via recent PR's.
Who just bought 18 mil at .001. Makes me feel better about my 9s! :)
Oh well. 9 is a fine price. Grabbed a few more here. $TXTM
That is when the video was posted... 4 months later the inspectors came to the facility in SA and requested 3 things. The last thing was seed to sale management. Which we are currently 6 weeks or so into the announced merger with Phyto coin to alleviate the last concern. Lot's of moving parts behind the scenes are causing a delay IMO.
If the product is put out and wins it's share of the marijuana / blockchain tech market this will rise to prominence in short order. Just waiting for the irons in the fire to become a formal PR. When this happens the price will snap higher before most of the market knows what happened. To many eyes on this one trying to pickup the scraps left from the last run at 2x the price we were just a few months ago. Showing great strength as the market prepares for the next material update.
“We are encouraged by the evolving regulations pertaining to cannabis in South Africa and around the world and are pleased to make our pharmaceutical-grade products available to qualified patients in need in throughout the country.”"
Sounds like the wording meant they passed the guidelines set up for medical marijuana imports. TXTM is currently going through the process for a medical production / INTERNATIONAL DISTRIBUTION LICENSE which started July 2017 when the government officials visited the site and asked for 3 things to obtain the license. Of which, just 1 remains and is currently being developed as a come to market product with the ICO of Phyto coins.
As a schedule 4 substance the international export market could be big for TXTM if the product obtained through the phyto extraction process becomes premium in the market due to positive results. You can extrapolate phyto to become a premium brand from it's coin to it's pharma grade CBD products.
http://ewn.co.za/2018/03/07/you-could-get-medical-marijuana-if-you-qualify
Then don't. Little reason to waste your time here.
Australia is importing right now right? Though they plan to be a big producer? Germany another. They can import but not produce yet. A lot of countries are moving towards medical marijuana. The thing is laws, and production take a lot longer to start than importing from an established provider.
Importing is usually the first step before self reliance. It doesn't take long for companies to explore the market as marijuana is a incredible cash crop. Would make very little sense for a country to say. We allow our citizens to use this medicine. Yet we don't want to control / regulate / profit off it at all??? GET OUT! It's a matter of time before South Africa is self reliant and TXTM will be a big reason why.
Buying medical marijuana from other countries is a bandaid. The real solution is medical marijuana being produced from within SA. It's coming.
"CANADIAN FIRM WORKS WITH LOCAL COMPANY TO BRING MEDICAL CANNABIS PRODUCTS TO SA"
http://ewn.co.za/2018/03/07/you-could-get-medical-marijuana-if-you-qualify
Medical marijuana is now being imported and sold. When will it be produced / sold. The new prsident of SA wants to create jobs. Why not make their own medical marijuana? Seems like the likely scenario.
Any SA licenses granted yet? NOPE. Via last TXTM PR. TXTM could have one of the first, if not the first SA license...
Just let it sink in. A little patience and a great chance to make life changing money is happening before our eyes. A little foresight and patience will be rewarded handsomely.
Could be some of these new advisors moved the needle or expressed they should work more on the product "in stealth mode" before someone else chimes in and gets to market first? Just a thought.
The fact we haven't got any fluff BS to me is good.
I think the goal is to get this baby moving before July 1 when Canada goes legal.
Why show the market what you have now when one of the biggest rallies in the history of marijuana finance is just months away? I will be happy to wait a few months until they come out with the shock and awe PR that will fully excite the market while the spotlight is on the sector.
It won't take long once the market believes all these irons in the fire are going to come to fruition. This company lacks 1 PR to gain relevance of which the market isn't able to comprehend. As soon as these ideas turn into legitimate products / license... People will be lining up to tap the wide open SA market. I think this is where larger companies looking to expand like Canopy Growth might come in. For a new player to get a license it will likely take years as we are experiencing now. So to get to market by partnering with a licensed producer would make a lot of sense.
"Tilray Exports Medical Cannabis To South Africa"
https://www.weednews.co/tilray-exports-medical-cannabis-to-south-africa/
Notice medical marijuana now being exported to South Africa. Sounds like a reasonable expectation to believe South Africa will want to supply that product to it's own people and create the jobs for South Africans.
Just a matter of time. They import the product now because they can't meet the demands within the country. To me this means the licenses are coming soon as why would they allow a product into the country they couldn't produce themselves? Highly unlikely a country would allow for imports only and disallow for production from within.
SA is ready for medical marijuana to be produced within. They are just crossing the t's and dotting the lower case j's.
It's coming. That sweet sweet license. But lets just be clear. IMO the last of the 3 things requested during the July 2017 inspection of TXTM facilities in SA was seed - sale management. I don't think any license comes before that. But... I have a feeling once phytocoins are ready.. The license will be granted in short order. And once Phytocoins are ready that should mean the Slovenian production to match the CBD backed coins should begin as well. Lot's to look forward to here.
The company trades at .0001 - .0002 a share. Well done Jeffrey Greene! No wonder so much time is spent around the opportunity that was lost. Your own greed and unstable character led to termination. /Sad
"Jeffrey Greene is an expert when it comes to starting and restarting businesses"
https://www.prnewswire.com/news-releases/fbec-worldwide-inc-formally-announces--introduces-new-ceo-jeffrey-greene-300245565.html
HAHAH.. Had to restart a lot over the years huh?
Failure tends to follow people around who are incompetent. What was it... 7 failures as CEO/Management your bio says... Well a few of them you deleted out of shame. And I don't blame you at all. Was pretty good to look at though if you need a boost in self confidence. Awful.
This company must love the fact it's CEO cares more about a company that has nothing to do with him anymore.
https://www.prnewswire.com/news-releases/fbec-worldwide-inc-formally-announces--introduces-new-ceo-jeffrey-greene-300245565.html
I'd work on the receding hairline first. At least let me give you these 2 words of advice.
RO GAIN
years of producing nothing other than negative comments about a company that terminated employment for fraud of said employee. Other than that,,, I got nothing!
No formal relationship has been announced to date.
Potcoin is an old, bloated, irrelevant blockchain IMO. I've been around it years. The novelty of potcoin is in how they present it. You can get seeds by staking your coin, and a small amount of potcoin. The wallet for potcoin is bloated and slow. Blockchain innovation is near 0. Think of it as bitcoin but for pot. It would literally be the same as a "beef" coin. Where the coin would be the exact same thing as bitcoin... But you'd be able to get some silly promotion relating to beef... Really the innovation on potcoin is laughable. No smart contracts, nothing forward looking. They got to market first. Which is why it has any relevance today.
Phytocoins will be used for smart contracts making phytocoins a true commodity like ethereum. Furthermore backed by CBD you take much of the speculation that currently makes up 100% of many blockchain solutions including bitcoin.
Phytocoin as an idea moves the industry forward with real innovation. Where potcoin was a clever name, with a copy / pasted blockchain. Potcoin will never move the needle as thousands of alternatives with the exact same technology already exist. Phytocoin however.... Has the forward looking technology needed for seed - sale management through a sub based model. When it comes to crypto I know a little something... And I know potcoin is never going to move the needle with its current tech.
Phytocoins backed by CBD take out speculation and move the industry forward with innovation. We just need a legitimate product that will win over the industry and special things will happen.