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Looks like they took in alot of money on warrant exercise and spent it all on who knows what. $134K of revenue in the quarter is a joke when that appears to be their weekly burn rate. How do they only have $2M+ in the bank when they took in $4.4M+. Look at the G&A expense...CRAZY!!!!
I am only on the sell side here as I think this company is a sham.
As predicted, nothing they do works. Stock will drop like a 100lb weight. Nobody cares about this company and industry and the company has not done anything to change people's mind.
Seriously? Have you not noticed how much stock has been for sale at $0.71 and below? It has been like this for millions of shares and over the past few weeks.
There is an endless supply at $0.70-71. Stock going nowhere but down
I would stay away from this pig. With the selloff today, take a look at good companies that are oversold that have good fundamentals. This company has ZERO fundamentals and cannot make money and run by a bunch of inexperienced, uneducated potheads.
I have made my money on this scam and just would hate to see some of these inexperienced investors get caught up in the Dutchess promotional scam. We short all of their positions as we know they use these companies as a front to print endless paper and the companies are not real.
But the stock has done nothing but go down and will continue as this company is just another of many canna-SCAMS.
Who cares. Does not mean anything to the bottom line and just another non-material announcement to support their promotional efforts.
Correct. You typically need 50% coverage in your account to short manipulated stocks like this pig. Very tough to do it with an online brokerage such as ETrade.
Sub $.70. I would short any stock promoted by Wall Street Insiders and Stock Commander. All a bunch of frauds that are paid to move people like Dutchess out of their positions. This company just made itself ever more less credible.
$1.5??? Will never get above $0.75. Looks like it is well on its way to $0.50
Stock will end up in the $0.50's when it is all said and done. All you have to do is notice who the consistent seller is to see what is going on.
These potheads do have a clue regarding the long term effects of continuing to allow their company to be promoted by these stock frauds. Amazing how their board allows this as the entire management team and board should be sued for recklessness at the shareholder's expense.
You will give it all back on this pig! These potheads cannot even file their Q on time much less get to work on time - oh, I forgot, they have no business so there is no need to show up at an office!
Stock will not go anywhere. Dutchess and their cast of stock frauds looking to unload more paper and we will short into it with any volume. Been waiting for this as it is obvious this is not a real company and just a tool for these frauds to print money
I will short as much as I can into any volume created by these frauds. This company must be run by Cheech and Chong to allow this to happen!
Could not agree more. The Q will reveal what a complete scam this really is and how misguided and irresponsible the company has acted over the past 2 years as the company is nothing but an ATM machine for Dutchess and the pothead employees who evidently do not do anything to run or act like a real business.
The only $2 you will get will be the total value of your investment. This stock will never break $1 ever again.
The Company is a complete sham by their relentless need to continue to employ these "Dutchess" tactics of employing fraudulent websites to help Dutchess and their merry men of stock frauds to move out of their endless supply of low priced paper. This company is nothing but a front for Dutchess and their partners to print money. They have no business, experience and have done nothing but continue to fail and disappoint the investment public.
Much like the rest of this sham of a sector, they probably did not have any or lost s much money they could not pay their accountant.
The sector is completely out of favor and who cares that a pot smoking rapper is on board. Means nothing to the bottom line as the clowns that run this company have no clue how to make money with this hobby turned public company to make frauds like Dutchess and others a few dollars at the public's expense.
Curious to see if we have any pullback below $150 before it makes new highs.
Its about time they got a new board!
This was one of the greatest shorts of the week!
There are plenty of scams in the sector including this one: CSAX, MYDX, BKNG, AMMJ just to name a few. Just watch how this sham of a public company starts consistently trade lower.
Isn't the pothead that supposedly run this company speaking at another pothead conference in NY today. The way the stock is reacting, it appears nobody is buying his BS either! These potheads have no clue what they are doing!
Like this one going into earnings at the end of the month.
Based on their public filings and pathetic financials, A street peddler begging for money has a better chance of making more money than this company on a daily basis!
The company has ZERO potential. They have failed at everything they have tried to accomplish. The company is run by a bunch of inexperienced potheads that have no clue what they are doing and have been trained by the likes of Dutchess Capital and other toxic penny stock manipulators.
The company has failed to show that it has a sustainable business model, spends more time attending pothead conferences and conventions that have produced nothing but a buzz for the attendees, and has not proven that they can make a dollar.
Look like the gig is up on this one. Volume slowing down, company is silent, 420 was a bust and this just goes to show that nobody cares about this company or industry. For those poor souls that held on to this sham and did not sell into the volume created by fraudulent promotions in an effort to get Dutchess and their band of stock flipping thieves rich, you are now stuck!
AT the end of the day, this company has not proven itself that it knows how to run a lemonade stand much less a real technology public company and their horrific track record. The only thing this company has a history of is losing money, going to senseless conferences and hiring stock promoters to work their seedy investors like Dutchess Capital, Maxim and others out of their cheap priced paper.
They conference are nothing but a reason for these potheads to try to justify their existence and does NOTHING regarding maximizing shareholder value or generate revenue. I would love to know how much money this company waste paying for travel, conference fees and such for these senseless events.
My associates attended an Arview event in 2016 and said it was a joke.
Looks like people are giving up on this sham. Stock drying up but still plenty of sellers picking their spots to sell at any levels. The clowns that run this company really screwed up public sentiment and showed their cards that they have no clue what they are doing.
Has anyone ever told management that they may want to concentrate on finding a way to create sustainable revenue and not focus on worthless partnerships with pothead celebrities or attend pothead conferences that do nothing for the business or value of the stock price?
Software is in favor. Stock has a great chart!
I agree. Could be north of $160 by the time the iPhone 8 gets close
This company is a long term hold, not a trade. Watch how this will gradually rise above today's high. Traders will knock it down but in the end it will move up again.
Not large enough
I see the only news they can put out is another senseless conference the company will attend. Anyone ever look into how much they spend on attending the pothead conferences which do nothing to maximize shareholder value? It sure does not generate any revenue - just another excuse to commiserate with their fellow potheads over a blunt! LOL
I also see that the fraudulent volume created by their decision to engage in web promotion has dried up and still a good amount of supply at these levels.
I see this sham of a stock traded by appointment again today. A whopping $400 of stock traded hands today. LOL
Predicted that this stock would fall from where it came out and never gain any sustainable momentum. Trading from .08 to .10 on minimal volume means nothing.