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Part of me still wants MCOA sub 0.01 but I'm glad to see it climb that mountain!
The chart shows both volatility and gradual growth! Plus look at volume...it's ever increasing. It's building steam.....building choo choo!
MCOA "likes" count up from 452 to 465!
Yes it's chump change. This will trade 30 40 50 K at a time soon enough when real traders come on board.
I'm glad they don't pr often...they wait until they've done what they say they're going to do to send pr...too many pr's looks desperate and not focused on what they're supposed to be doing...imo MCOA is focusing on growing its brand.
MCOA is in this niche. MCOA is focusing on these kinds of dispensaries in the anticipation of the approval. MCOA Selects which dispensaries it wants to bulld the brand with. Just shared the article with the board as it helps connect the dots about what is going on in California...ground zero for MCOA and Medical Marijuana
And VETERAN team to execute and aid these 50,000 newby medical dispensaries...remember who had to adhere to state regulations wayyyyyy back when? Oh yeah! Steinberg did with MJN$ the first ever publicly traded Medical Marijuana Company I'm just smitten right now!
Its happening! And MCOA is in a fantastic position in the market! New article out today!
http://www.mercurynews.com/ci_29839704/californias-gearing-up-rein-medical-marijuana
Slowly more and more people who don't know about stocks will be buying this stock...it's called multi level marketing...Steinberg mentioned in one of the first pr's that they would encourage their employees and affiliates to buy stock in the company as the company grew...IMO these prices aren't here to stay...combine that with the fact that this company hasn't really been featured in a popular pennystock pump....it's fermenting it's brewing...patience pays the bills at my house. Bought some @.004 holding for the long haul.
The plant has been blessed by the Jews!
https://m.facebook.com/story.php?story_fbid=1000156750066790&id=899640933451706
It's coming! MCOA Facebook page shared this.
https://m.facebook.com/story.php?story_fbid=1721330498105869&id=1651301708442082
Every front runner candidate in the presidential race has stated that they'd de-schedule Marijuana.
The writing is on the wall for removing Marijuana from DEA (schedule I) List. It is GOING to happen...there is proof of its medicinal use...theonly thing everybody is waiting for is for it to be official. MJ is the next BUBBLE and those who get in before are the real winners in this entire thing...soon any Medical Marijuana/MJbiotech ticker will explode. IMHO
They haven't seen the q1 results...is my best guess...investors don't like putting money into something unproven...which is WHY they're doing pilot testing to see if the concept they have is going to work. At the end of the day...don't risk anything you're not willing to lose...most don't risk anything...I'll risk $100,000 I want 10 million shares of this.
Yuuuuup. I got in with 40k shares at. 38 and out at .58 because it didn't touch .60 and volume was decreased
The market makers have control over this stock...not enough people trading it yet. Watch the price drop lower and lower. I'll keep buying 300K shares at a time under $0.01 hope it drops lower.
MCOA could easily hype up the company and the fact that they're not hyping says a lot to me as an investor. They're realistic and have delivered on everything they've promised. MCOA KNOWS how high the price can move....why else would they restructure the shares the way they did? This is a marathon and not a race and I've got staying power.
Every month I buy about $10K of this stock.
That's why that The trade went through the other day when it popped from .008 to .01...they want as many cheap shares as possible so they stall any progress. Believe me MM are not dumb they'll manipulate the price. Just look at how inconsistent they are with their bids and ask spread.
People sell because they were expecting a quick buck...little do they know the value of accumulation and patience. I don't have funds right now but every week I'm buying anything under $0.01
1234 is simply doing what MOST people are too lazy to do. Have you looked at the addresses they listed for their licenses dude? Tell me they're not about to start growing in WA and selling MJ. TWO warehouses for growing and one retail shop dispensary so far. That's only Washington. They already have in California and will expand to Nevada. 1234 is right they'll be bigger than trt€
I will have to agree...it is saturated but the boom is still young. There's an entire country to sell to though...plenty of growth. This is Marijuana Company of America...not only the legal states.
Where does it say no license? It's in processing. It says "not issued" yet. The number is there they're just waiting on the state to do is job and issue the dang thing.
Everybody that got in over $0.01 needs to SELLLLLL so you can bring the price down for me. I've got $ waiting to get filled at$0.008 and below...honestly anything under $0.01 is cheap. I'll wait for you dumpers to bring it down to .003 again. Lol
There are only 200 -300 people holding the stock price up or down so if ANYONE sells or buys to flip meaning (MarketMakers or Retail).It won't work because the share structure and short term scared hands can't support a lot of people selling for a quick $100.
MOMMA CHAN LLC
This is very true. MM walked this down to scare people out of their shares. I HOPE everyone who bought has put in a "good til canceled order" so they can't use those shared against us.
No dilution. They have cash on hand to run the company for the next 12 months. They would be dumb to sell before the actual launch...they're all pilot testing the market for their products and services
Lol. Compared to the volume today....it's chump change.
Fast forward to minute 50 btw. Great interview.
No profits. And Revenues are probably minimal.
Yes we all except them to do well. Expectations can and more often are not met though. Just a fact in business in general
So no huge nose dive in the price...a good sign. Who ever is holding....probably friends of the company (if we're being real here) are waiting for another run up to dump more.
I doubt revenue will be anything to admire first Q. But I hope I'm wrong. The business concept is ok but requires a good sales and marketing program for the affiliates to thrive on.
It's funny how the ones that were here pumping the stuck up haven't commented on a good while...hmm wonder why? $.05 forthcoming? Ha not with what is in the filing going on. There's already a $300,000 expense planned for the year for R&D and MCOA hasn't even generated revenue. Add that to the nice $390,000 salary these clowns are paying themselves. You're @ $-690,000 for the year. Add in the "independent contractors" aka 1099 and who knows! They'll probably be $-1,000,000 in the hole before anything even gets going let alone making profit. I-Glow was right. They're planning on selling their all their shares. GLTA
They should! Many successful startups have worked for FREE. And didn't sell one share until the company was actually profiting. The fact that Stein has a brokerage account with common MCOA shares to trade is alarming.
What do you think about the fact that since January they're getting paid handsomely. I wonder where the money is coming from? Lol....