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Tax revenue should be a help to states' legalization, no doubt, though tax revenue projections in CO are down.
http://www.bloomberg.com/news/2014-05-02/colorado-pot-revenue-lags-forecasts-as-licensing-is-slow.html
Would be the fastest 5 figures I ever made.
Good story. The wave is already formed and rolling. Marijuana's acceptance is happening as fast as the other socially taboo issue of our time.
Another Marijuana stock ran a bit today despite the general down for these stocks. They had an announcement about receiving orders for their product.
Encouraging. The whiff of revenue can still move a stock!
I do have an idea - money. Money would make this a different company IMHO.
Unfortunately, he can't. I've heard the same thing, though, for a month now. Got to believe there is something really there. Other option not tolerable to think about - that the CEO is blowing smoke.
Stuck here or lower until the bears hibernate or the company has some real news. IMHO.
Bears are out.
The bear lives another day.
If the company is for real, the stock will be O.K.
That's called a bet that the seller is done!
Big sell off in progress. Saw one sale at .07 - 3.5M Didn't see any big ones after that, but there must have been.
Is some large holder getting out?
Big sell off in progress. Saw one sale at .07 - 3.5M Didn't see any big ones after that, but there must have been.
Is some large holder getting out?
This sector had its first day - a full burst of youth. It's too soon to be a mature sector. Will have another youthful burst and some 'hot' companies will run. IMHO
Thanks for the clarification. So the set-up is - there are two independent companies, one of which owns an asset, which is their main asset - in this case hydroponics.
A second company does not buy the other company, they buy a 51% interest in the other company's asset. So the second company is the majority owner of the asset.
So where does the revenue from that asset go? Logically, it is split 51/49 between the two companies, no matter who makes the sale. In which case it is still in the interest of both to be selling the product.
I know EXMT has other sources of revenue, but this looks like the biggest potential.
Trying to get a clear picture.
It's Raymond James putting up the bid. I doubt if they themselves are making the bid, but some independent investor is using them. My guess.
Not a bad thing at all for EXMT to be so closely tied to ICBU if the sales vigor of the latter continues.
Following the logic of the two being so closely tied, and EXMT owning 100 million shares gives them 46.8% of the company, according to my calculation. That gives them 46.8% of the total company revenues. So the more sales ICBU makes the more EXMT's bottom line grows.
So, as I see it, they are all pulling together and the pie is split according to shares each owns in the lead company.
They're being that closely tied in stock price may mean they are that closely tied in revenues.
As I read it EXMT is a subsidiary of ICBU. Though they are separate stocks, looks like, actually, they are the same company. EXMT's hydroponics' revenues go to the whole company, not just to EXMT. So, like Samples says, we've got to wait on ICBU.
70,000 on the bid at .05 on cnsx.
From what I've seen, they all drift down until there's news or rumors of news.
Not even rumors of news here that I see. I expect the drift down to continue until news or rumors of news. That's my take.
Am watching it every day.
A fascinating theory. It accounts for EXMT not being included in ICBU's news release as part of that company. It may also account for no news releases for a while.
The thought I have is - it's got to be a big deal getting out of a public company partnership, not easily done, I think. Both parties would have to agree.
This thing has had two days of over 60M shares traded in the last two and a half months.
Wonder what would happen to this stock with a 60M share day.
I'd sure love this to run, too, but 150M on the offer seems like a pretty big wall to me.
It sure would make it more fun.
Next one could make it run hard.
No news out today.
May be harder to buy now - offer gone to .12.
Could make this week fun. I think the dip below .01 was minor - wouldn't take much buying to get it back to the .013 .014 level.
Will be.
Every company says that.
For those still interested - the March update.
http://cnsx.ca/cmsAssets/docs/Filings/2014/2014_04_17_14_17_36_DEP_March_2014_Monthly_Progress_Report.pdf
I've got my dancing shoes on.
No news. Another buying opportunity day.
May all those predictions come true. Anyone who's a believer like that should be loading up. If I had cash and courage...!!!
How far down before news?
Hope so.
Never said it wasn't a winner. It may be. But the current direction is even or down. A stock price waiting for news to make watching it interesting.
No buying until news or rumors of news.
I know you got it in you!!!