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Someone did not wanted for this transaction ( Lazada deal) to go through that's why you see price to dropp so quick over past couple of month. I will not be surprised if we see price going up slowly now that the deal is of the table . We will see I guess . I have a very big position here and I am holding .
On June 30, 2015, Lizada Capital opted to cancel the transaction with the Reporting Person without any prior indication that the transaction would not close as agreed. The Reporting Person is in the process of fielding inquiries from other accredited investors interested in transacting a transfer of the controlling shares of the Issuer’s stock.
That's old news part of S1 .
What happened to Lazada deal ????? It's July 1st.
Anybody thinks we can go back to $1+ ?
Thanks for cheep shares :))) I just added 25,000 at .1550
Hi! What did Roger say to you ??
I agree . Load zone for MDBX . Good volume today .
I agree with you . I been accumulating every 2-3 days all the way down have very big position and I am not selling until its back to $2.50+
He got 15m shares and he could be selling much more than 80K at a time but I think he knows there is a value at this prices and that Lazada deal will go through very soon .
So what ???? This is a very small amount of his shares he owns around 15m shares . Only $24,000 not a very big amount .
I think that the deal will close at .67c the original price . They are not buying all the shares in one shoot they are doing 5-6 payments over 18 month . So because of that price can be much higer in 1 year and they will close this deal at price they agreed too . .67c . If the deal was off they would not ask for any extension now .
NEW YORK, NY / ACCESSWIRE / June 15, 2015 / Medbox, Inc. (OTCQB: MDBX), a leading provider of specialized consulting and technology solutions to the legal marijuana industry, today announced that it will be a featured presenter at the Viridian Capital Cannabis Investor Conference, New York City's first cannabis investment seminar.
The conference will be held on June 18, 2015 at the Jacob Javits Center in New York City. This invitation-only conference is being hosted by Viridian Capital Advisors, the first investment banking firm dedicated to the cannabis market, in partnership with the Cannabis World Congress & Business Exposition.
Lizada deal extension !!!!
firm closing date of June 30, 2015.
Typo . SEC
S-1 is a good sign from FCC
If this was a problem company like many people here are saying FCC would never approve S-1
Nothing surprise me anymore we could see .67c close today or Friday . I am all in at this point .
Lazada deal is going to be fine !!!
It's time to add !!!!!!!!!! I think it's very cheap .
We will see they gave until 15th of the month to close .
Lazada deal . What will happen to the stock price if Lazada will finally close that transaction with Vincent at .67c is like 40% higher . Please post your opinions . Thanks
Extension !!!!!
On May 27, 2015, the Reporting Person, as a one-time courtesy, extended the time for Lizada Capital to close the transaction to June 15, 2015.
Really !!!! .39??? It closed at day high of .57
They tried it to bring it below the .45 today but that did not work . I think we might see the bottom here last 2 days good volume. So that's double bottom at .45c
We are going higher from here !!! .60+ close tomorrow
Double bottom at .45c maybe today is the day when it's a new up trend starts ?
Looks like .56-.58 close today . They will take it higher in last 30min
I think we will close at .60-62 today
Good volume on reversal going green today !
Why do you think .85?
Where are we going to be at the end of the month? Post your price .
Furthermore, due diligence is in process between an investor and our majority shareholder to sell his majority position which would also yield $5 million in new equity capital for the Company over the next 18 months (see Note 10 to the accompanying financial statements).
After the Form S-1 is effective, the Company is planning to conduct a road show to raise additional equity capital. The Company will continue to execute on its business model by attempting to raise additional capital through the sales of debt or equity securities or other means, however there is no guarantee that such financing will be available on terms acceptable to the Company, or at all. If the Company is unable to obtain adequate debt or equity financing, it may be forced to slow or reduce the scope of operations and expansion, and its business would be materially affected.
10Q is out on yahoo . Any coments ?
What is your opinion long term on this company and price target ?
Ok thanks !
Where do you think the bottom is
How many shares you have ?
I agree with you easy gain at this level I been adding every day here .
I love days when it's down 10+% because I am adding to my position at those very cheap levels . Look I am not saying it will be $50 stock but it can easily go up the same way it went down so $5 I think is very possible . I will continue adding every day and reduce my cost avreage .
If you sold today because of Ameriytade massage about MDBX investors selling 40.6M shares then you am idiot . That massage is wrong nobody is selling 40.6M it's just being authorized for those shares to be active .
We should start going higher this week . Way oversold and bounce is coming my target is $.85-90c by Friday . If earnings release is even slightly positive we will go much higher allot of shorts will run to the exit and this will skyrocket . GTL !