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stock doesn't trade enough volume for flippers
amazing nobody is buying at these levels. 44k shares is a joke
THE MM seems desperate to push this down a little. If you notice when bid drops he always jumps the next bid by .001. Trying to scare people into selling then all of the sudden the ask will jump up.
there are CBD products currently on amazon. I think it just takes time dealing with amazon
Bhang chocolate can only be purchased in states where marijuana is legal. Lexarias products are legal in all 50 states because it's cbd from the hemp plant. The patent pending technology is the key. If they get patent they could license it to Bhang for example.
your forgetting the other products that will be hitting market soon. Chocolate bars, Hot Chocolate, Coffee.
Very shocked to see little activity on here.
Once this story gets out there this company will be valued well over $100 million. Bunka has been very clear in interviews and press releases. A licensing deal could bring in a ton of reoccurring revenue.
Must Watch interview with Chris Bunka
Check out "CannabisFN Executive Interview | Lexaria Corp.(OTC: LXRP) / CEO Chris Bunka" on Vimeo https://vimeo.com/126633838 #Vimeo
wheres all the people who wanted to buy cheap shares. would like to see 500k+ volume
LXRP CEO HAS BEEN ACCUMULATING MASSIVE POSITION. LOW MARKET CAP
I believe for most OTC stocks there is an actual humans as the market makes vs most Nasdaq NYSE stocks are done by computers.
why do you say its a short cover?
when products are announced for sale on amazon people are going to chase this big time
This isn't a well known marijuana stock. Once word spreads this will triple very fast.
LXRP huge insider buying over last few months
CEO has purchased over 10% in the open market
$1m in cash low market cap
This will be a fun ride.
LXRP huge insider buying over last few months
CEO has purchased over 10% in the open market
$1m in cash low market cap
This will be a fun ride.
im not so sure people realize from the filings that Bunka owns 4.3m shares in his private holding company + 3.6m shares in his name + over 1m options/warrants to purchase more.
Look at Supreme SPRWF or TRTC CANV if LXRP got a market cap anywhere near those the stock is $2+
Current Market cap @.1401 $4.8m
With $1m in cash!
I don't think people have figured out how undervalued this is. The float on this stock is so low it could go well over $1. When the tea hits Amazon this is going to run like THCZ did and everyone will be chasing. Trying to get filled at .12 is silly at this point the open market purchases by bunka is the tipoff.
Breaks .15 it's off to the races.
very surprised to see this pullback and not have buyers jumping in.
once it breaks .15 its off to races. theses shares at .135 are a gift and once it starts running the chasing will begin.
$1m cash no debt. CEO still buying stock in open market. Very low market cap. This could make a run to $1. there is 34m shares outstanding and Bunka+ other insiders control a lot of it. Why would he continue to buy in open market if he didn't believe this is truly undervalued. He already owned a huge chunk but for him to keep buying in open market is such a huge sign.
This move has just started IMO
$70+m market cap is very high considering they are losing $. Growth is big I agree but how much more dilution will they have to do to complete Nevada plans.
correct but one isn't going to exercise the options now and put the $ up it wouldn't make any sense. Most of the time you would wait either near expiration or when the stock is significantly higher and you would excersice it and then sell the stock right away so you aren't taking any risk.
There is no investment of $122k until he chooses to exercise the option.
So for example lets say VAPE is @ $2 he can exercise options at .70 (putting up the $122k) and then go ahead and liquidate the stock @ $2 and profit $227,500 with no risk. The other side is lets say vape is trading at 50 cents and they are about to expire he wouldn't exercise the option they would expire worthless and he doesn't lose a penny.
I own some vape but just wanted others to understand what this is instead of thinking these insiders bought in open market with their $.
You do realize that these were option awarded not insiders buying in the open market. They have the right to buy stock at .70. If stock goes to 0 they don't lose or gain anything.
Explanation of Responses:
( 1) On December 22, 2014, Mr. Kyle Tracey was granted 175,000 options to purchase common stock of Vape Holdings, Inc. pursuant to the 2014 Incentive and Nonstatutory Stock Option Plan by the Board of Directors. The stock options are convertible at $0.70 (the fair market value on date of grant) and vest 25% at issuance and 25% each subsequent 6 month period.
The 57 million shares haven't been sold yet. S1 was filed a few weeks ago. Press release today
Irvine, Jan 06, 2015 (GLOBE NEWSWIRE via COMTEX) -- Terra Tech Corp. (TRTC) today announced that it obtained a committed equity line under which it may from time to time sell up to 57,000,000 shares of its common stock to Magna Equities II, LLC over a 24-month period following the effectiveness of a re-sale registration statement that Terra Tech filed with the Securities and Exchange Commission on December 24, 2014. Terra Tech will determine, in its sole discretion, the timing, price and amount of the draws. The purchase price of each share will be equal to 95% of the market price during the five consecutive trading days immediately preceding the date of the applicable draw down, with the market price equal to the average of the three lowest VWAPs of the common stock in the five trading day period immediately preceding the date of the applicable draw down notice. Terra Tech intends to use the net proceeds from any sale of common stock under the equity line to execute its growth strategy, to aid in the commercial development of its subsidiaries, and for general corporate purposes.
In connection with its execution of the equity line documents, Terra Tech issued 416,667 shares of its restricted common stock to Magna as a commitment fee. The offer and sale of shares of common stock by Terra Tech under the equity line is and will be pursuant to an exemption from the registration requirements of Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 of Regulation D promulgated thereunder.
When are they going to file financial reports.
Some on this board continue to post false claims. To check insider trades you can see for yourself here is the website. Symbol in CANADA IS "ATT"
https://www.canadianinsider.com
They just did a secondary that should give them more than enough working capital for 2015. Also if any of the warrants get converted at 3.50 thats even more $.
great news today and wait till earnings report next week. I still think this is very undervalued $6 would bring it back to a $120m Market cap like it was before split....
i disagree Market cap is very low now. Next earnings release will be soon and they have already had more revenue 1st 3Q 2014 than all last year. More contracts should be announced soon and no more dilution for next 12 months minimum
Bottom is in. Enough with this tax selling this is headed back over $5
This will be back over 30 cents soon. Biocube deals next. Pyhtalab clients
Not sure why all the panic share count is only 16m and 2 insiders bought a combined $498k of the offering.
Mark this down. ATTBF will get over .35 before year end.
SIMH. NEW CASE OF EBOLA?
RMCP. EBOLA Stock.