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News comes every other day and the stock still goes lower. Unless super huge news comes, and not fluff, this isn't going TO DA MOON!!!
All the catalysts you talk about are already built into the stock price, the curing cancer, the cancer center, the products, the FDA. That is why the news is not moving this stock. What is going to move this stock is revenues, confirmed biopsies and FDA approval, until then not much going to move this.
My crystal ball says it will go down to below .08 before it goes up
Not yet. I kind of agree with the guy who says get out now come back in October. Then we go TO DA MOON!!!
I will wait until this company shows me something solid as in revenue, an actual cancer center and not just "final negotiations" and and actual fda application that has been submitted and they begin clinical trials and not just smoke and mirrors and carefully worded PR's. I got in, turned a profit twice on this stock and will get back in when I think the time is right. Until then GL to all the long and strongs.
I am not a paid basher, and if their is such a thing as a paid basher, please someone tell me who to contact so I can get paid!!! I am just a realist, I believe this stock is oversold. If you look at my early posts, I was a believer until the 10k and the fact that they never follow through with their PR's and they are nothing but fluff. If the company turns around, I will be back in. Until then, I am on the sidelines until the price bottoms and starts to turn around, if it ever does. I hope I am wrong and they are curing cancer and the stock GOES TO DA MOON and that NEWS WIL BE COMING OUT TODAY, GONNA BE HUGE....
When is apple supposed to give dividend?
Will it close below .10 today?
Why wouldn't the patient sent the report to CBIS to publish it? HE can have his identity protected. I am sure that if a company cured my cancer for free, I would do anything to help them. Also the biopsy would be done by the patients doctor, but it would be read by a pathologist either at a hospital or lab. Where is the report from the PATHOLOGIST who read the biopsy and stated it was clean? Not just a PR saying the patients wife said the oncologist said....
I'm no the one who made any comments on his attire.
No, Steve Jobs wasn't a shirt and tie guy but he still looked the part of successful credible businessman.
No, I want biopsies confirmed by independent third party pathologists. I do have empathy for the people. And charities lose money because they are a non profit companies. This is a for profit company that is losing money. I do commend them for giving away free services, but this company has done nothing to prove what they state but just throw up anecdotal evidence. Don't you think that if a room full of MD's were convinced by Dr. Bobs presentation that the stock would be zooming? Obviously they weren't convinced or found his evidence credible.
The only details that I added were directly from the 10k. If it weren't and I was stating opinion I alwasys added IMO. This stock is tanking and unless there is some real SIGNIFICANT news, this stock is toast.
Now before I get called a sociopath again, I am all for curing cancer, and if those patients are doing well, GOD bless. I have lost faith in this company at this point, that may change. Just because I lost faith in the company does not mean I don't believe in MMJ.
I'm a sociopath? I dedicate my life to helping people. I'm a sociopath because the company is losing money and not presenting HARD evidence of their success? I've been to many of these seminars, yes even ones that are accredited by universities to give continuing ed, and the presenters are nothing more that salespeople trying to convince you that their product is better, they have a miracle cure, and only back it up by anecdotal evidence.
If this was full of doctors and they felt his presentation was credible, they would be flocking to this stock. Where are they?
My only prediction for cbis is that the 10k will show dillution, which it did, more losses and that the stock will go down. I was right on all, I may have been wrong about how far down by the eom but so far I was right.
My predictions were better that....NEWS TODAY GONNA BE HUGE...TO DA MOON!!!
Are we at .6 yet?
Was real..meaning no longer real?
And I warned you all before Student did. And Gomez before me. I thank Gomez to waking me up to reality and sold it when I did.
And all that interest they drawn up is FLOCKING to this stock today!!!
You must be getting paid like I am to bash the stock. HA HA
Anyone who believes their are paid basher's needs to get a clue. I am not a basher, I am a realist.
Company is over priced, will get back it at a more realistic price.
Oh yeah!!! NEws bringing lots of buyers to the stock!!!!
I wish you luck, but you really shouldn't put all your eggs in one basket.
What facility? The one they are still negotiating?
I see the pr did what they wanted, got your rocks hard without actually having to do anything. I am actually changing my prediction on the .08. It will go much lower and unless something big actually happens and not just fluff, I won't be back in. This stock is done and more and more people are seeing through the fluff and are fed up. That is why fluff don't move this anymore.
My point exactly. And why put a pr out about it. Why noy wait the "quote" a few days" to put out the pr when inc hits the paper. It is just to get peoples rocks hard and keep talking about that its comming.
The people they give the shares to to buy the building sure will. They will be given, based on history, 1million shares for every ™$ 1000 the building costs, thus millions of dollars worth of stock. I sure as hell would cash in. If the building costs 300k, they will be getting 300 mil shares worth at todays value over 30 million dollars.
Prior to 2008 it was a dufferent comoany, an oil company that went belly up, cannabis science bought out the shell in a reverse merger, they have nothing to do with that $ 15 share price.
How much does half a 10, 000 sq ft building cost? A few hundred grand? Thats a few hundred million shares it will cost them, dumped the next day on the market.
I will loan you $1000 if you pay me back with 1 million shares, any takers?
its not a relavation but to give 1 million shares for every $1000 owed?
I would touch with borrowed money and split the profits (but not the losses) with anyone. Any takers?
Fantasy?
On October 12, 2011, the Company issued 8,000,000 common shares for settlement of $8,000 of stockholder debt, for a loss on settlement of $168,000, assigned from the stockholder note payable originating on July 15, 2010 and July 30, 2010, and owing at December 31, 2010.
On October 13, 2011, the Company issued 3,000,000 common shares for settlement of $3,000 of stockholder debt, for a loss on settlement of $64,200, assigned from the stockholder note payable originating on March 2, 2011.
On October 13, 2011, the Company issued 4,500,000 common shares from the Company’s 2011 Stock Compensation Plan B to a consultant for services rendered with a fair market value of $100,800 based on the closing price of the Company’s common stock on October 11, 2011 which was $0.0224 per share.
On October 26, 2011, the Company issued 5,800,000 common shares for settlement of $5,800 of stockholder debt, for a loss on settlement of $165,200, assigned from the stockholder note payable originating on July 15, 2010 and August 5, 2010, and owing at December 31, 2010.
On November 4, 2011, the Company issued 30,000,000 common shares for settlement of $30,000 of stockholder debt, for a loss on settlement of $570,000, assigned from the stockholder note payable originating on August 16, 2010, September 2, 10, 14, and 17, 2010 and October 7 and 13, 2010, and owing at December 31, 2010.
On November 22, 2011, the Company issued 17,000,000 common shares for settlement of $17,000 of stockholder debt, for a loss on settlement of $323,000, assigned from the stockholder note payable originating on August 16, 2010, September 2, 10 and 14, 2010 and October 13, 2010, and owing at December 31, 2010.
On November 23, 2011, the Company issued 9,000,000 common shares for settlement of $9,000 of stockholder debt, for a loss on settlement of $171,000, assigned from the stockholder note payable originating on August 16, 2010, and owing at December 31, 2010.
On December 9, 2011, the Company issued 13,500,000 common shares for settlement of $13,500 of stockholder debt, for a loss on settlement of $256,500, assigned from the stockholder note payable originating on March 2, 2011.
On December 21, 2011, the Company issued 18,500,000 common shares for settlement of $18,500 of stockholder debt, for a loss on settlement of $166,500, assigned from the stockholder note payable originating on October 13, 2010 and May 18, 2011.
On December 28, 2011, the Company issued 5,500,000 common shares for settlement of $13,500 of stockholder debt, for a loss on settlement of $256,500, assigned from the stockholder note payable originating on March 2, 2011.
A. Warrants
A summary of the warrant activity for the years ended December 31, 2011 and 2010 is as follows:
I would loan somebody 200k if they would pay me back $20 million worth of stock that I could dump. Read the financials, they have been paying off debt at a rate of 1 million shares for every thousand dollars they owe.
200k doesn't even cover Dr. Bobs salary. It is just a dent in the 2 mil negative revenue and continued operating loss. It just means they will be paying pack that loan with 200 million shares as they have been paying off loans with 1 million shares per $1,000 in debt.
It will be there soon enough, if not, my loss.
Not shorting, following the stock as I might be interested in it again down the road and a much better price as this stock is too high right now, imo.
no but they just keep getting worse and worse. If something big doesn't happen soon for them, bankruptcy in the near future.
Ditto, that is what turned me sour on this company. along with the piss poor financials and dilution.
Final negotiations means it is to the point where it is final offer, take it or leave it.
They must still be in the final stages of negotiations in their over seas distributoship deal as they haven't followed up on that one either. This company puts things out there and never follows up. In fact, read their disclaimer on their PR's, it flat out says they have no intentions of following up.
Key words "final negotiations" means deal is not done yet. No garaunteee they will ever close the deal.
Makes you wonder why even bother putting it out there in the first place, why not wait the few days it says they expect it to be a done deal and then post the news? It must be so people talk about it no stop as it it is a done deal and forget aboout it when they don't follow up.
Its not official yet in Conn. Still has to go through Senate and Gov, but looks really good for approval. Great news for MMJ. There is another stock in the sector poised to benefit really well on this that just got a licensing agreement to manufacture sell Dixi elixer brand products.