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They have insurance for liabilities like that. Please try to drive the stock lower I will be waiting with a dump truck to load up shares.
Are you kidding me? Volatile on what basis? This stock has been anything but volatile for quite a while now. It's been trading between about .04-.06. I agree it has been volatile in the past. If you look at the 5 year chart you will see that this is just above the all time low that has been tested multiple times. There's some strong support at this level and the proof is the accumulation that has been happening at these levels since July. We are set up to have a very strong second half of the year IMO.
It's great to finally put a face to the LPR name! http://www.okcupid.com/profile/nmarnier/pictures?cf=profile
Let's do this TRTC let the dogs out!
Lol the same bashers post the same un-supported conjecture over and over to weaken sentiment among retail investors.
This company is at rock bottom prices and has never had a brighter future than it does right now. Pull out a 5 year chart and look at the bottoms that have been tested along with the ridiculous accum/dist line.
All people new to the board please look at the post CN has stickied, you will find links to useful and factual information with links. Doing your research on a company and knowing what you own is a basher's/short's worst nightmare.
Our partner TRTC posted pics on Facebook yesterday of their CBD extraction machine getting set up in their new lab. I think we could be expecting to hear positive material news that will affect both companies in the near future since TRTC has previously stated that they expect to have their extraction machine running by Sept 1. Getting high quality CBD oil to test the NRTI medical team's proprietary formulations is only a logical next step for the company's phases that they have laid out.
Strong volume for only 20 minutes of trading. Would love to see it bust into .05-.06 today..
From another board. Exciting times ahead for VAPO..
As E-Cigs Begin to Take a Back Seat to Vaporizers, the Market looks for a Leader to Emerge
http://marijuanaindex.org/industry-news-item/
Based on recent financial results one company could show to be incredibly undervalued
New York, NY / August 25, 2014 / If we look at this vape industry as a whole, it's just starting to gain in popularity as you'll see later in this article. Ironically, as big tobacco spends billion of dollars to gain ground in the e-cig space (most notably Reynold's America's $27.4B acquisition of Lorillard), they may actually soon find themselves behind the 8-ball when it comes to vaporizer sales. In fact as you'll read, the vaporizer & e-liquids space has quickly begun to grow, taking both market share and shelf space away from these products. In a recent review of the industry by Wells Fargo analyst Bonnie Herzog, the "Vapor Category" is starting to more meaningfully displace combustible cigarette volume. A direct result of this decline can be seen through the recent drop in sales of Blu e-cigs by more than 35%.
Christopher Growe, an analyst with Stifel Nicolaus, said the earnings decrease led him to lower his fiscal 2014 earnings forecast by 9 cents to $3.33 a share.
"We believe the blu eCigs category growth has been pressured by the proliferation of 'open-tank' vapor products…We estimate a 24% revenue decline for the year (for blu eCigs) and a $55 million operating loss for the division as the company invests heavily in the blu brand globally."
This alone shows the massive impact that the vaporizer market has had on a once dominant player who held over 40% of the e-cig market. Numerous retailers across the country have identified that many consumers have tried e-cigs and are either dissatisfied and went back to combustible cigarettes or "graduated" to personal vaporizer products. For example, convenience stores rank as one of the largest marketplaces for e-cig sales ($530M) however vaporizers are quickly taking up more "real estate" not only from the shelves but from many of the point of sale advertising spots as well. Analyst Bonnie Herzog is one who thinks that the first quarter of 2014 is where we start to really see the vapor trend take hold and drive the combustible cig decline rate at an accelerated pace.
"Bottom line, retailers are starting to either discontinue or take shelf space away from disposable e-cigs to make room for personal vaporizers given their attractive growth & margins."
Image: https://www.baystreet.ca/uploads/mcig.png
In previous reports, Herzog found that e-cig sales declined 12.9% in the four weeks ended July 5 from the prior period because of lower prices and as smokers migrated to vaporizers. Herzog estimates that tanks and e-cigarettes have a combined market of about $2.5 billion with $1.4 Billion attributed to e-cig sales and $1.1 Billion to Vaporizers; she believes that tanks will overtake the latter in the next decade.
Retailers, Ms. Herzog said, are even starting to discontinue or take shelf space away from e-cigs to make room for tanks, "given their attractive growth and margins." In fact, one of the most prominent retailers of these products, convenience stores, have also realized slower growth rates in both e-cig sales as well as traditional cigarette products.
Image: https://www.baystreet.ca/uploads/E_cig%20Chart.jpg
Image: https://www.baystreet.ca/uploads/E_cig%20Chart%202.jpg
Even though vapor tanks are thought of by consumers as being hunkier than the standard e-cig, they do allow smokers and would-be quitters to customize nicotine levels, as well as to puff thousands of flavors. A cult-like following is likely to grow as "vaping" becomes more fashionable and more stores carry the battery-powered metal tubes in a wide range of colors. As a result e-cigarette sales are slimmer this year, prompting manufacturers to invest in the next generation of inhalant products.
As this new market begins to emerge, we start to dive deeper from an investment view as not only to find who a potential market leader may be but to also find those undervalued "diamonds" so to speak that truly show potential for grabbing the most market share early on. In this report, we looked at 3 companies all of which have just submitted recent SEC filings and who boast that they have unique or breakthrough products. The first company we looked at was Vape Holdings (VAPE), who focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under its “HIVE Ceramics” brand throughout North America, Europe and South America. In the company’s most recent filing, VAPE shows to have posted “record” quarterly revenues of $361,781, bringing its 9-month number to a total of $392,540.
"We are extremely pleased with the Q3 2014 financial results that represent our first big push to market since our products began shipping full scale in mid-May," stated Vape CEO and Chairman Kyle Tracey.
At $2.30 (as of Friday’s close), this is the highest priced vaporizer company in our report. VAPE trades at roughly 51x revenues with the current market cap of $19.8M and despite its record numbers, was only able to generate a gross margin of a mere 6.8%. As far as a value play here, we think that Q3 will be a very important time for Vape Holdings to show its true potential not only because it has just began shipping product full scale but the company has also recently launched an e-commerce site as well.
mCig, Inc. (MCIG) was the second company we are profiling in this market update. This company focuses on two trends currently gaining obvious attention: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes; (2) The adoption of electronic vaporizing cigarettes. The company manufactures and retails the mCig and owns Vapolution, Inc., which manufactures and retails home-use vaporizers such as the Vapolution 2.0. Through its wholly owned subsidiary, VitaCig, Inc. the company manufactures and retails the VitaCig, a $5 nicotine-free eCig that delivers a water-vapor mixed with vitamins and natural flavors.
This was a bit different in that the company’s actual filing shows 640% jump in annual revenues from $50,000 in 2013 to $370,077 however if you read through the company’s annual report, it will show the mCig generated company wide revs of %543,000 but management nores the figure includes revenues from Vapolution, Inc., which means it does not comply with US GAAP figures that were actually reported in the 10-K. Despite this piece of information, mCig has shown more favorable results from operations in that its gross margin was roughly 57% based on the reported $370k figure. With a market cap of nearly $111M, MCIG is trading nearly 300 times revenues at its current share price of $0.41 and it should also be noted that the stock has just recently begun to rebound following last Monday’s sell-off. The company boasts strong favor from its celebrity spokespeople including Bam Margera and Rick Ross who actively support the mCig and VitaCig brands. We feel that the results from this next quarter should decide the fate of MCIG based on its recent successes from Vapolution and the adoption of its notable celebrity driven marketing strategy.
Finally, we took a closer look at Vaporin, Inc. (VAPO) and based on results of this study, feel that this company could be the most undervalued and highest performing one out of the three. Instead of celebrity spokes people or social media campaigning, Vaporin is using the same strategy that Blu used early in its development for e-cigs not only to gain an early market share in the vape space but also to establish itself as a potential leader in the vaporizer & e-liquids industry. The company has also diversified through both an online sales approach & continuity program in addition to its nationwide convenience store roll-out. Additionally Vaporin has dove into the cannabis market through a product distribution agreement with Terra Tech Inc. (TRTC).
For the 6-months ended June 30 Vaporin shows a total of $602,163 in revenues (the highs of the 3) and a gross margin of 41% coming in only second to mCig.
"I am proud of what we have been able to accomplish thus far in 2014. Based on the compounded growth that we have experienced over these last 6 months, we are confident in our ability to continue this trajectory throughout the remainder of this year. We are also looking at opportunities for product line expansions and the addition of celebrity spokespeople for the next phase of company growth and ongoing campaign to build brand awareness," stated Scott Frohman, CEO of Vaporin in a recent shareholder update.
In keeping all things the same, if Vaporin were to be trading at 50x or even 299x revenues similar to Vape Holdings or mCig, one would think that this could be the highest priced stock amongst the group but at $0.07, this company not only has posted higher revenue numbers to this point but it is also only trading at roughly 20x earnings making this possibly the most undervalued stock in the bunch. A similar valuation even if it were like Vape Holdings, would show the per share price at around $0.18 and in a similar case as mCig, the pps would be around $1.07 with the current outstanding share count remaining the same for both cases.
Much to its credit, Vaporin has been working a gorilla marketing angle and even as other companies like Vape and mCig are seeing more growth, this next quarter should be the true tale of the tape as to which one of these companies will emerge as a market leader thus giving investors an opportunity to find value in an industry that’s already be slated for increased growth over the next several years. At this point the vapor revolution is ripe for investment a right play with a company showing the biggest potential could pay-off in the long run. Looking at it from this angle, early investors in Lorillard previous to its purchase of blu saw great returns and increased value as blu became a leader in the space. Now that vaporizers have taken center stage, this next wave of investment could offer more, especially because the companies within the space trade at a far lower share price compared to where Lorillard was when it brought on Blu.
The final decision is up to the investor and of course when looking in the small cap space; volatility and price risk must be taken into consideration. Always consult a professional when deciding to make any investment. The above report is simply based on overall opinion and should not be taken as investment advice.
Contact:
Searching Wall Street
news@searchingwallstreet.com
SOURCE: Searching Wall Street
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Where did you get your info that general interest is dwindling and that there are no new buyers? What statistics are there that show short covering was the only thing keeping it above .40? I would love to see some links to objective facts and not SA articles that support your opinions on TRTC...
TRTC should be beginning CBD production with their new machine in CA on Sept. 1. I expect to hear material news relating to the partnership and the next steps either before or on Sept 1. If you go back and read the letter to shareholders from VAPO 3 days ago (8/19) you will also see that they provided a whole section that gives an update on their relationship with TRTC where TRTC will be buying the vaporizers from VAPO directly and then reselling them through their distribution network in CA, WA, OR, and CO and they expect that network to expand as more states pass laws toward legalization. This deal is in it's infancy and definitely not priced in currently IMO.
For one, Derek has personally covered the name issue multiple times but for some reason the direct source isn't credible enough for you to accept...
TRTC vaporizer partner VAPO gave a very informative press release today: http://finance.yahoo.com/news/vaporin-issues-letter-shareholders-130000804.html
In the release, some more clarity about the partnership with TRTC is also given. TRTC will be purchasing the vapes from VAPO and then reselling them in through their own distribution networks. VAPO sales in their quarterlies should be somewhat of a leading indicator for the success of TRTC vape sales in the coming quarters.
How much credit card debt did Peterson have? Which casinos was Nahass' debt with? How does either of those affect Peterson's ability to run his dispensary which is one of the highest rated operations in the state?
Thanks for your valuable insight whistler... I always look forward to learning from your posts
Thanks gotcha, that actually makes a lot of sense...
Not sure it works like that lol
Pretty sure last time I was there they were 9.99 for a 50% off sale
I'm in AZ but they've been in every one I've been to in Phoenix and Tucson. It's a bad habit but now I always check for Martha when I go to Walgreens
Given the recent news they are now in at least close to 20,000 stores currently. Hopefully this brand starts taking off because if each store can even move $100 in product a month, that's a serious jump in revenue and profit with 41% margins
Lol wait we should call one company and ask them how their vape sales are because that will reflect the whole market? Didn't you previously say there may be up to thousands of different vapes on the market and one company's product won't make a difference? Which one is it?
Everyone knows there's still ZTE right? And vrng has a patent portfolio worth more than the share price down here IMO...
Somehow I got filled at .74...avg is 1.52 now
THANK YOU. I agree, more educated long investors need to start posting correct information. The amount of misinformation is disgusting and turns ppl off and away in general.
For those still concerned about operations expenses that were brought up by MonestHind and I-Glow, this is also from page 4 under Item 2 of the 10-Q:
"Management will continue to make an effort to lower operating expenses and increase revenue. The Company will continue to invest in further expanding its operations and a comprehensive marketing campaign with the goal of accelerating the education of potential clients and promoting the name and products of the Company. Given the fact that most of the operating expenses are fixed or have quasi-fixed character management expects them to significantly decrease as a percentage of revenues as revenues increase."
Weird how that sounds a lot more like what gibber was saying huh?
LOL really? Tell that to Jeff Bezos
EXCELLENT post CN, this is great consolidated info for new people doing research. I think it might be worth a sticky.
That's good news. I'm glad he's too busy also!
Preach
Saw this link on the TRT$ board:
http://www.theweedblog.com/its-official-washington-d-c-to-vote-on-marijuana-legalization/
As of yesterday Washington D.C. is joining Oregon and Alaska to legalize marijuana in November. This fall could get interesting after congress gets back from their vacation...
Robin read the prospectus. Do some research once in a while
I just went back through the prospectus from the S-1 and could it be Josh Sasson from 31 Group? Think about it his promissory note he gave them was for $1M. If the entire shelf registration of +24M shares is sold at these levels he gets his principal back plus the interest from the note plus the warrants and he needs to sell the shares because the terms limit Sasson from ever owning more than 9.99% of the common outstanding shares.
The partnership with TRTC was strategic, not for a PR. Michael James is TRTC CFO and NRTI CEO/CFO.
It will be interesting to see how the partnership is broken down as NRTI has the medical team and intellectual property being developed, but TRTC has the CBD extraction machine, the plant, and sales channels to dispensaries.
I'm also interested to hear how Jim Kras' transition has been since he was hired in June. I think this may have been a strategic hire to help alleviate Michael James with so much of a burden at NRTI and to position the company for the future.
Are you saying that stocks only trade on the profit and cash they've earned previously? Do you know what things like forward guidance, growth sector, PEG ratio are? I need to subscribe to ihub so I can block more people. You're right up there with the guy who posts the same article with different headlines. Get a life.
Thanks for the call update CN, has Mr James ever mentioned anything about protecting the intellectual property that may be developed through the CBD supplement formulation process? I'm aware of the Charlottes Web trademark, but am referring to patents on the actual product..
Lol shorts WILL own this stock when they cover
Monestly, I think the shorts are about to lose their Hinds
Have you ever heard of efficient market hypothesis "professor"? Just because a majority got licenses by the county doesn't mean they will all succeed in business, not does it mean the state will approve everyone. This board is almost as bad as yahoo message boards. Where are the admin?
My guess would be Nevada. The facility that NRTI currently makes the Martha Stewart Essentials supplements at is located in NV and it's state of the art. Considering where the feds stand with respect to enforcement, and the relative timeline both companies have given for CBD supplements to hit the market, it makes sense why getting permits in NV has been such a crucial focal point...just a guess though
Physically growing the product (raw materials) and preparing it for its end use like bud to smoke, edibles, etc (making a finished product)
A libel law suit from TRTC will do the counter argument for me. Its not worth my time to go through and point out all of the half truths and straight up lies in the article who's sould purpose was to manipulate the share price for the author's proclaimed short position (at least he disclosed that much). You must have been "lurking" (trolling) under different aliases for years then because your alias was born today on iHub.
That was a great first post from your alias that was born today LOL. Is this the infamous Norman Bates? What would the scum of the earth do without message boards and the ability to make infinite aliases to troll with?
Cultivation hearings are on June 17-18:
"62 Receive a status update in regards to the scheduled hearings for the medical marijuana establishment applications; and take any action deemed appropriate. (For possible action)
ATTACHMENT: Clark County Agenda Item Template.doc
RECEIVED AS RECOMMENDED-STAFF REQUESTED TO PROVIDE BOARD WITH LIST OF LOCAL PERCENTAGES FOR DISPENSARIES, PROPOSED CRITERIA OF STATE, AND APPLICANTS THAT HAVE VERTICAL INTEGRATION; AND TO SEND OUT BLAST EMAIL TO APPLICANTS/ANY AGENTS REGARDING CONE OF SILENCE AND PRESENTATION OF POWER POINTS, DVDS & CDS AHEAD OF TIME-STAFF DIRECTED TO SCHEDULE HEARINGS FOR CULTIVATION APPLICATIONS ON JUNE 17 AND 18 FROM 10:00 A.M. TO 5:00 P.M., AND JUNE 20, IF NECESSARY"
From Clark County Commission meeting on June 3
http://clark.granicus.com/MinutesViewer.php?view_id=17&clip_id=3719&doc_id=c2a92895-3cbd-1032-8c97-0dc9cb9cac89