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I agree. But a RS would be a worthy cause if only used for uplisting purposes.
I kind of doubt minority common shareholders can boot him out. The BOD can, but won't.
Or if he really is scamming investors the SEC can shut him down, but that's a long drawn out process.
In a way, I fired him when I sold all my shares and quit supporting his company ;)
Could be. They can't wait much longer to buy shares to cover their failure to delivers.
RXMD still on the Reg SHO list. Day 12 now. Only 13 days allowed before the short MMs are forced to buy shares to cover their positions.
Short squeeze just around the corner folks. Stock price held back like a compressed coil spring. This is going to be fun!
Me personally? I don't want RXMD to be acquired.
Why be acquired by a CVS, Wlagreens, etc., when their stores don't even generate half the per store revenues of RXMD's?
Sure, RXMD's share price would spike up on news of being acquired, but I would rather let RXMD grow organically and BECOME the next CVS or Walgreens!
They obviously know how to run a pharmacy. All they need to do is replicate what they're doing in Florida to new locations across the nation. And they're working on that strategy now by getting licensed in other states.
Point of sale?
LMAO!!!
That's what I thought too a year or so ago when I went for it, and went for it big. And I kept averaging down along the way because the price only went down. I was trying to catch the proverbial falling knife to lower my average cost per share. But that just turned out to be an exercise in futility and I still lost my ever loving arse in this. Oh well live and learn.
I couldn't take the torture any longer so I cut my losses and unloaded all my shares. I agree with the other poster here who said this is dead money for at least a couple quarters. However, if the price goes into the 5's (and I think it will), I might jump back in hopefully for a quick flip.
I agree Mohammad. Look, one of the jobs of a CEO is to create value for the company's shareholders. He and he alone actually has a lot of control/influence over the share price. If he really wanted to create value for the shareholders he certainly could, just by coming out with a PR updating shareholders as to the items you mentioned.
But I can't help but think that perhaps he really doesn't care about his shareholders. Perhaps it IS all about him.
You know, when i had my business and the 5 years or so that I was unprofitable I drew zero salary. I didn't like it, especially having to work 70 hours a week. But I did it so I had the money to pay all my employees and vendors. You do what you have to do and sometimes that doing means personal sacrifice.
When does Munro's loyal investors get a paycheck?
I think if Munro and the whole board of directors was replaced that would also do wonders for the share price. ICLD investors are fed up and tired of the same o same o. Change can't happen unless you change how you do things. And Munro and his crew will never change.
InterCloud needs a fresh reboot.
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Perhaps, but it can open the doors to more conventional financing for POTN.
Toxic debt is the worst thing for any small company to have to deal with. But before profits come in, most don't have too many other alternatives for raising capital.
In my opinion, any net profit margin at all is a good thing for a company. There are S&P 500 companies with billions in sales that sometimes don't net a quarterly profit.
And POTN being in the relatively new CBD industry is doing remarkably well. I can't think of a competitor of theirs doing any better than they are.
Profits will come. They have to spend money to make money, but once their infrastructure is fully in place they can become a cash cow.
So no soup for you!
Hang in there brother. If you can afford to hold your shares for a couple/few years when POTN is trading for dollars instead of pennies, you will be doing just fine and have no regrets.
True.
The MM's job is to create trading activity. They don't care which direction a stock moves as long as it moves. When it moves in either direction they're making trading commissions. If they see trading drying up they will close up the spread between bid and ask to created more trading activity.
Also a MM might have a big client to accumulate a large position for at x price. So that MM will do what it takes to make price x happen. Nothing us common shareholders can do about it other than grin and bear it.
Correct Billy.
It's only becomes nefarious if the shorts fail to deliver shares they never actually borrowed in the first place. And POTN isn't on the Reg SHO list.
I agree. I said before $30-35M and I still feel pretty confident it will happen. I woudn't be surprised if they're doing $4M/mo by December.
Remember, they have more distributors coming online just about every day. Sales growth will be exponential.
A person has to do what they feel is best for them. So no harm no foul for deciding to sell your shares and nothing but best wishes to you in your future endeavors!
That said, I think you will regret selling today if you fast forward your life 2 years from now and look back at this decision.
But stocks go up and down. So perhaps there will be an opportunity for you to buy at an even lower price near term. Longer term however, the trend will be up from here. WAY up!
Just my humble opinion.
Toxic note holders like to sell into any up day, thus dragging the price back down to break-even or a red day.
Actually they don't care too much about share price as they will dump shares regardless of price if their goal is to unload ASAP. And besides, with the terms of the note they're still making huge profits even if they sell at a penny/sh.
But the most they can dump on any given day without filing a disclosure is 9.9% of the OS.
This can and probably will continue until the terms of the note are satisfied or until the terms are renegotiated more favorably for us common shareholders. Me personally? I don't see the lender renegotiating. They don't have to and why would they want to leave money on the table if they don't have to? I know I wouldn't.
Eventually, either the note will be satisfied or renegotiated so in the meantime longs just have to wait it out or look at down days as buying opportunities.
I'm long POTN. I plan to hold my shares for a couple of years at least. The share price will take care of itself if the company keeps performing as it has been. With continued growth like that even shorts and toxic diluters will have a hard time holding them back!
No it isn't! Where do people come up with this stuff?
Yep lots of good catalysts on the horizon. Patience grasshoppers.
Same here. It's funny how people like to buy stuff when it's on sale as long as the stuff on sale isn't stocks. When buying stocks most prefer to pay full retail price. It's weird the way the mind works!
The best way to trade stocks is to trade like a robot. Take all emotions out of the equation. Do the DD to find what you consider to be a good play, then know what price you will buy at and what price you will sell at before you even open the position, then stick to the plan regardless of the charts, noise, etc..
They won't be getting a deal when they're all FORCED to cover their naked short positions at the same time. They will all be scrambling for cheap shares but none will be available. They will have to chase each other in the buying spree, each paying a higher price than the prior short who closes out a position. The buying pressure of the shorts covering alone could make the SP pop 50-100% or more in a single trading session. A classic short squeeze.
I agree 100% on all counts!
Load the boat now, a short squeeze is nigh!!
RXMD big time shorts are at 11 consecutive days now of fail to delivers before they are forced to close out their positions by purchasing shares. They have two days left.
Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity. (Please click the below Information icon for more details about the Threshold Security).
Us? LMAO!! Is that me, myself, and I?
OMG! You don't let her see your brokerage account do you? Big no no lol.
But then again it's kind of hard to transfer funds from the joint checking account into your brokerage account without her noticing. I know, been there done that!
Anyway, a good day today here to pick up a few more shares.
Go RXMD!!!
Same here at first glance when I saw up over 850%. Then I saw the share price. Damn!!!
And all the reviews are 5 stars. A rare thing to see on a product even with only 13 reviews. I like it!
That's less than 3 parts per thousand THC, so it's negligible. And considered legal in all 50 states when derived from industrial hemp.
Nothing deceptive about Melatonin being in the Relax gummies. Diamond's website list Melatonin as an ingredient in it. If they didn't list it as an ingredient, then THAT would be deceptive.
Also a fun fact about Melatonin, your own brain produces it naturally too.
When Diamond says there are no synthetic ingredients in their CBD, it means just that. Their CBD oils are extracted from industrial hemp and it's 100% natural CBD. There is no synthetic CBD in their products, but it doesn't mean that their products that contain natural CBD can't also contain other ingredients such as Melatonin.
Technically speaking though, simply extracting the CBD oil from the hemp or MJ plant is a synthetic process. So one can say all CBD extracts are synthetic.
By definition, “synthetic” simply describes a compound that is created using man-made force. And that compound may or may not be found in nature. Chemically speaking though, synthetic copies of natural compounds are structurally the same.
I purposely buy the Relax gummies over the others BECAUSE of the Melatonin in them. I get them for my wife who has horrible insomnia. The CBD naturally relaxes her, but the Melatonin gives the extra boost to help her sleep. She likes them and plans to order more next week before she runs out of them.
For myself I've been using the 1000x unflavored oil drops for pain, or just to relax. I love the drops. They helped with my toothache pain and also helped calm my nerves on the way to my dentist appointment.
So diamond has a product for both of us!
Easy triple or better from here within 3-6 months folks. Don't let the games MMs play shake shares from you. Remember why you bought them in the first place.
Diamond CBD products are flying off the shelves. That's all I need to know. I won't sell any of my shares for under a buck. But if it hits a buck I will still hold a core position for the BIG payday, where a buck will look like chump change.
And Mars was the owner of Spark Financial Consulting prior to coming over to Progressive Care.