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Well that is a good article. Except needs to update the share structure cause from the report i found this. I am already long because it will move again :)
a) Number of shares authorized – 400,000,000
b) Total number of shares issued & outstanding –226,381,592
c) Est. Public Float (Free Trading shares) – 77,037,248
d) Total number of beneficial shareholders – 1
e) Total number of shareholders of record – 1,348
Yea but there timing has to be better as well. This last earnings was late. There was a ton of people in it and then nothing. So if they get some more pr out there describing a few things and then hit us with another great fin report on time, then this will move. I just fear this will happen again or it gets promo-ed again.
Thats the story with LATF. Good news it will go up a little but then settle right back down in this level. Been at this level for almost a month now. If revenues are good again in the next filing and they are not late then this will have a fighting chance. For now waiting on PR again to make this move up a little again.
I think the support for .006 - .007 has been the support for sometime now. It really hasn't gone below that. Also if you buy here usually it goes up close to a cent then right back. I figured there will be low volume for a while unless pr comes to bring this up again.
Least there was only 25000 shares shorted today. This thing will have to move higher in order for shorts to get back into it. I see this thing not go anywhere for a while. Unless I see pr. Even then it looks like it might take time to go up, because there have been some major blocks on the board lately on the ask.
There is a shorter who is going to try to bring the price down to make people sell so dont sell cause he will have to cover at the EOD since he bought at the EOD yesterday. :)
Looks like 649,744 share were shorted and if I'm right he did this at .0084. So tomorrow lets make him pay the price by not selling any shares and let him cover at a higher price.
Anyone have $17,000 to take out ETRF lol. Someone wants to sell there shares.
We will need a few big buyers to get to 1 cent. Not enough buyers right now. Needs PR and more people to look at it. It will get there eventually just need a few big ask slappers to clear the way. Also not many shorts in this as well so where this is should be the bottom base until we get another big buying day.
Took long enough for the tier change to happen. I thought after they posted their report it would change, but instead had to wait. All well they are current now :)
I think the dividend is still there since in the reports it was stated that there was approval of it. Date and time we will never know until they file it. Also with acquisitions after that date, I'm sure they are going to hold off until they are ready to do it. The credibility is an issue with some people but I'm giving them one more quarter to get it right. They were late with there reporting which hurt, but profits make up for it. I think if they come out this quarter in August on time with good pr before, then this good profit they made in the last report will be justified. This might be a bomb in the making just which bomb is it. Good or bad time will tell.
2.2 million just went out. That was either a cover or someone got there shares cheap.
Nice post.
Yea I was wondering that as well?
Over 3 million in shorts. We need something to cause a short squeeze to move this past 1 cent
Take out ETRF and ATDF. Seems if we can take them out it could move from the position and get close to or above 1 cent
Looks like some one was trying to scare someone out of shares for a cheaper price. Once someone buys again from the ask it should get right back.
Some one needs to knock those three big blocks out just to see how they react lol
Like i said if this can get past 1 cent we can see this moving a lot faster to the north. Need to knock out a few more to get there. :)
Needs to break 1 cent. If that happens then who knows :) Buy now before its to late
If the report would have been on time then maybe we would been better off. Since its this late and no one really watching means that it had no push. Least i saw a fairly good size block bought at EOD. I think this will sit for a while.
LATF
QUARTERLY REPORT OUT!! UP WE GO!!!!
1) Over 3.6 million in revenues in 3 months (more than all of 2012)
2) $286,869 in Net profit for the 1st quarter
3) Yield sign will disappear in OTCMarkets.com and return to OTCMarkets Pink (current) in couple of days since they filed this quarterly report
4) No dilution in last three weeks and minimal dilution since March 31, 2013 that most likely is being used to acquire GCC and Mekonza Corp . Outstanding shares were 226,381,592 on March 31st, 2013 and they are 356,918,840 today with Restricted shares of 224,904,422
5) Green Cannabis Collective's sales still not showing up on financials.
In the report, looks like kcn got there shares in jan 24th 200 million of them. So looks like from 6 months from that date it would be July 24th would be the release date for that company to get rid of the shares. That's 2 months from now, but it also depends on the holding agreement. So it could be longer before they dump those shares. The est. float is 77 million according to the report. Lots of room for this to go north.
Maybe a big gap will occur tomorrow
You are correct lets see this thing get up there. I bet this thing can get close to its highs again
But that gives this one month to ride north before then. I like my chances of one big ride north.
This is interesting
http://finance.yahoo.com/news/may-huge-month-marijuana-legalization-164334579.html
Stock like this one will eventually get higher :)
Probably going to be a while on any fins. Pr might come but not getting my hopes up. If you look at the timing of the acquisitions and products, they were after or just before 3-31-13. That was quarter 1 end so why post fins when all this happened. I believe the fins for quarter 1 wouldn't have been good because it wouldn't reflect that activity. Quarter 2 will so I'm sure they will do some pr till then and then show fins on the next due date. Something to look at. I also believe this is cheap and won't get any cheaper than this unless people don't hold.
As long as it stays like this between .006 and .007 I'm ok with it. We don't need this to go down anymore. I'm sure next week we will get something as in PR, but I could be wrong. Never know with this company. This level also gives people the chance to load up especially the longs, but I think we need more longs to make this move up and we need to kill a few blockers since that's all we have seen on the ask.
"Sometimes things aren't clear right away. That's where you need to be patient and persevere and see where things lead."
Mary Pierce
Yea i have been in stocks that seems worthless and go out early and then news or something and they blasted off. This time I'm waiting a lot longer time. Also i rather it sit a while like this and not move much because it gets all the shorts out of it and it wont go lower. The true base is .006 to .007, because it doesn't want to get higher or lower. That usually indicates if anything good comes as of Pr it will go up.
Something i was alerted to was the time frame of all the acquisitions. 3-31-13 was the end date for quarter 1. The acquisitions happened at the end or after that. I am guessing those wouldnt have made it into the fins which could have provided nothing to the investors. Instead they are probably going to wait after all the news they posted to put there out fins in the next quarter when they have everything together.
My guess is that this stock will float in this range for a while. Might have a small move up and down. Also Need to knock out some big blocks as well. Im guessing we wont see any fins till the next go around. We will still get news on whats going on and that might help. Until then it might be one to stay long in till it all happens.
Yea I bet they won't do any financials until the next go around after looking at all the things they done over the past few months. Hopefully we can get some news on other things like div date and more details on their operations. This has potential from the looks of things. Just have to wait patiently :)
3 big buys of over 1.5 million shares. Someone loaded up. Plus i bet a short covered as well.
If thats a short, he picked a bad time. No one really selling and if we can get a few buys that put us back to .007 before he covers then this can go green today. :)
Problem is everyone is whacking the bid. Need people to hit the ask. Making this stock go down just adds to the issues with this stock.
Might be another low volume day, but hopefully green day. Still no news though. Still holding long :).
Almost half the volume today was short volume. Low volume today which is expected today. Hopefully we get something soon.