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You’re missing the point. It’s doesn’t matter what anyone says this time. If the lab opens...it opens and generates revenue. Thus, the speculation is gone and the company becomes a legitimate revenue generating business.
The difference here is 2 major things: 1) Pazoo is under new ownership, new CEO and old Board is gone!
2) This time any bump in stock price will be related to “hard” news such as the lab’s grand opening and real revenue!
New website is up! It says they are open!
http://maanalytics.com
http://maanalytics.com/about-us/
Sorry Brotha!
I’m not...do some research and you’ll just prove me right. I encourage you to!
100% untrue and incorrect. Inspection was a success. They are hiring and training staff
Very soon!
If your waiting for .0003, it won’t happen. Too many bids at that number ahead of you and not any sellers. You’ll get your entire order filled at .0004 though. Risk is up to you. If they open as expected, you’ll be fine. No guarantees, but this is a good entry point if it does.
They can’t tell you that info as it’s against the law. Honestly, it should be any day now though. Otherwise, why would they have hired everyone for the lab. Additionally, they also already had inspection.
Seriously...if doors do open soon there couldn’t be a better time to buy than now!
$PZOO - Should be getting license soon. Already had inspection. .0004 is a great entry as this thing should run after license announced!
No...you are wrong! It was February 2018!!! Just a few months ago.
A couple of months ago it went to .0012 just on news they were making progress towards opening. If they actually open doors, then...!!!
At this price, I don’t even believe risk is that big. As long as doors open and the place doesn’t go belly up, you really can’t beat this .0003 - .0004 entry point. Even convertible note holders we’ve seen in the past don’t want to go below this price. The only other risk is volume. As share price goes up, you want volume to stay higher than it is now so you trade with ease.
Don’t forget about to pivotal things once they open the lab:
1) The company approved, but has not instituted ANY increase in Authorized Shares to date. Meaning it may be postponed depending on how the company and/or share price preforms in the near future.
2) Due to the above, convertible note holders can’t crush the share price as they have done before. There aren’t many shares left to convert before they hit max. share count.
These 2 things and some good news can spark an huge increase in share price!!!
Probably not till mid-April
Yes...they were issued a license, but are waiting for final inspection of the lab. That is separate from the license.
Inspection is coming. Most likely a few weeks from now. Mark Sarna is slow at everything. None of his decisions help shareholders. He only cares about himself, his son and his friends (private shareholders) like Alan Pine. He needs to start doing right for shareholders. Patience is running thin.
Well the Board of Directors has to approve it, they have to file it with the SEC and there is a waiting period before it is ratified. It’s that waiting period that has caused the slow down in dilution. Once this period is over and it’s ratified, the shares will be increased and dilution will hammer the stock.
Sorry, I didn’t mean approval. The Board of Directors approves the increase. What I meant to say was ratification.
There is no dilution right now because they are maxed out due to the 3 million Authorized Shares. No shares available for the notes to convert to. As soon as they get approval for the increase to 40 Billion Authorized Shares, this thing may never move above .0003 again. At least not until $800,000 in notes is converted. At .0003 and small volume, this thing may just limp along. The only way to see this thing move is to control the convertible note holders. They have shown zero interest in this as they’ll make their money back either way. The toll it takes on shareholders is of no interest to them at all. Thank Mark Sarna for forcing the company into these deals of never ending toxic debt!
Absolutely not. They’d need a bigger revenue stream and additionally Mark Sarna would never do anything that benefits shareholders.
My point was if you read the filings, the company stated they are going to have to increase the Authorized Share Count to accommodate the convertible notes. This is why we are seeing a slow down in dilution. It’s temporary cause they are almost maxed out on the number of shares they can issue. Once it gets increased, you will see more dilution than the company has ever seen before and the stock price might get stuck at .0003 for god knows how long.
FYI...The convertible notes are just getting started. They are nowhere near finished, they are just beginning. Mark Sarna just keeps bringing on more toxic debt. The deal he made to give him 70% of the company was him virtually paying himself for the debt the company owed to him. He doesn’t care about shareholders so he will continue to issue more and more convertible notes. I’d rather have Farinella then Sarna from a shareholder’s point of view. Note holders will keep stock price down for the near future.
Yeah, it’s most likely a repost so someone at that publication can make money. Definitely had nothing to do with anyone at the company. Also, Cunic is just consulting for the company right now as investor relations. He holds no formal position. He started his own consulting business from what I hear.
David is not CEO. He stepped down months ago. Steve Basloe is the CEO. Additionally, Pazoo has no deal with Steep Hill. That deal was terminated 1-2 years ago. This is an old article that has no relevance to today as it is 100% outdated and false.
They no longer have the Colorado labs and David Cunic is not the CEO.
At this point, let BMIC finish dumping the convertible notes. I’d rather see no news until this is done. Then we can see a continuous rise in share price and we’ll be sitting on a set Outstanding Share count as the remainder of the notes don’t mature for 1-2 years.
You want volume stay high. Mark Sarna (Owner), Steve Basloe (CEO) and the Board were extremely irresponsible in the way they issued convertible notes while the company was in limbo. They did so to protect Sarna, his son and his close friends. As long as volume stays high, it gives those note holders an opportunity to dump them. The sooner that happens the better, but it will take a while. You should call PZOO and ask them why they did that and ask what impact it had on Sarna and his friends. None of this dilution is from preferred share holders.
Let’s hope the volume stays high to get these convertible notes Mark Sarna issued off the books. We have a long way to go.
No reverse split for at least a couple of years if they do it all
This is the result of Mark Sarna and his convertible notes! His real estate buddies are probably making money off this somehow though.
I believe that date was extended. That date you talked about I believe was in a filing that was filed late
The new owner, Mark Sarna, has allowed so many convertible notes that it will be hard to see significant movement. He only cares about his, his sons and his buddies interests. He has made zero moves to help stockholders. Keep an eye on him. He uses his money and his control over the CEO to leverage his personal interest. At least the old regime wanted a higher share price, this guy doesn’t care if we all lose everything as long as he’s ok.
They are not associated with the company in any capacity anymore. New regime who is working quietly to repair all the damage
I don’t see that in the future.
Yes, they need significant news and lots of it to sustain a decent pps
As long as they aren’t giving out more licenses to dilute the testing market, they’ll be fine
I’m totally agree with you regarding the dilution. It’s real bad! But if this lab makes the same as Digipath does right now, even fully diluted they can be a .02 stock. That’s without growth. That’s a long way from .0005. Additionally, I don’t believe the new owner can convert most shares for up to 3 years.
PZOO has serious potential:
1) New Ownership
2) Farinella is gone
3) Lab ready to open with proper equipment and qualified personnel
4) Most debt paid off with new ownership deal
5) No more deals to dilute the stock are being made
They just need a media presence once they open. The company is making huge strides, but no one knows. Future is promising, but I’m worried about their lack of media presence. That’s what influences stock price!