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News after deal closes
Imperial, I dont think market will like financials. Even though it was only 12 days of mining, the markets I dont think will that those numbers well. But what do I know?!
Lets see tomorrow. I am still sitting at cash.
Don’t keep buying. Smart investors cut their losses before the loss more. Read the sedar filings I posted. This company has accumulated losses of $4million+ losses. What makes you think it will succeed now?
They don’t even have an App for smart phones! What makes you think a serious exchange will succeed without an app?
I live in vancouver Canada and real companies doing serious business here are listed on the tsx, cse or venture exchange. They don’t go to otc!
Stay alert and read the filings I posted for your own good!
DIGAF EXPOSED. SELL THIS STOCK. HERE IS WHY:
Go to the Canadian SEDAR filing site. It’s equivalent to the SEC in the USA:
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00027960
Keep this document open and click on Interim Financial Report dated August 28, 2017. Keep this document open as I walk you through some real DD. The quotes below are from this very document:
1) A BRIEF HISTORY: SHARE PRICE FROM $25 PUMP TO PENNIES:
“In March 2015, the Company entered into an agreement with Mega Ideas Holdings Limited, dba ANX (“ANXPRO and ANX International”), a company incorporated and existing under the laws of Hong Kong. ANX owns a proprietary trading platform and provides operational support specializing in blockchain development services and exchange and transaction services for crypto-currencies known as Bitcoin and other digital assets.”
It has been 2.5 years since DIGAF entered into an agreement with ANX. Why only now is DIGAF going to succeed during the HYPE of BLOCKCHAIN.
The answer is IT WONT! THEY ARE PUMPING OLD NEWS!
Since then it’s price has gone from $25 to pennies :
http://stockcharts.com/h-sc/ui?s=DIGAF&p=D&yr=3&mn=0&dy=0&id=p64999699848
2. A HISTORY OF DEBT AND LOSSES:
DIGAF has major losses of $4.6 million accumulated and a deficiency of $238,777.
“The Company has not yet achieved profitable operations, and has accumulated losses of $4,601,997 since inception and working capital deficiency of $238,777 as at June 30, 2017; accordingly, the Company will need to raise additional funds through future issuance of securities or debt financing. Although the Company has raised funds in the past, there can be no assurance the Company will be able to raise sufficient funds in the future, in which case the Company may be unable to meet its obligations as they come due in the normal course of business. It is not possible to predict whether financing efforts will be successful or if the Company will attain a profitable level of operations.”
3) CURENT CASH IS NOT ADEQUATE TO CONTINUE GOING CONCERN:
“The current cash resources are not adequate to pay the Company’s accounts payable and to meet its minimum commitments at the date of these financial statements, including planned corporate and administrative expenses, and other project implementation costs, accordingly, there is significant doubt about the Company’s ability to continue as a going concern. These financial statements do not give effect to adjustments that would be necessary to the carrying amounts and classifications of assets and liabilities should the Company be unable to continue as a going concern. “
4) DEVELOPMENT FUNDING IS AT A MEASLY $4,000
Look at the income statement and see for yourself the costs are at a $4,000 level.
How can a company that going to make you millions on a promise that next year something new and shiny is coming when they haven’t delivered anything in 2.5 years and have accumulated losses of $ion?
Now you make the call! Are you being taken for a ride?
I am just trying to protect people here from a frenzy of pumps in the wild world of crypto!
Entire MJ sector down today. CNBX held strong. Today I picked up more shares.
Resistance at .13 rememberer that for next time. If it closes above .13-14 on a weekly close, then we have a reason to hold. Otherwise sell.
This trade is over. Wait for reentry
Read the 2.5 year chart, resistance at .13 - you gotta read charts bro
Mj sector taking a breather & OWCP strong!! Great sign!
The channel is 2.5 years old, I don’t have a crystal ball, but all looks in favor of reaching that! Time will tell!
Of course! No need to hope, read the chart I just posted!
Thats a buy signal as clear as they come!!!!
I am fully loaded at bottom and grabbing popcorn. Its going to be a fun ride!
They are desperately trying to keep this down so they can accumulate
Patent Links. Including the Australian Patent for your review:
On November 8, 2018, the Registrant was granted a Certificate of Patent, #2015101908 (the “Innovation Patent”) from the Commissioner of Patents, Commonwealth of Australia, for the Registrant’s proprietary cream for the treatment of skin disorders. The Registrant’s skin cream has been proven, pre-clinically, to lower various inflammatory markers by up to 70%
https://seekingalpha.com/filing/3767230
1) IP Australia Granted
http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=one+world+cannabis&resultsPerPage=
2) Canadian Intellectual Property Office
http://www.ic.gc.ca/opic-cipo/cpd/eng/search/results.html?query=one+world+cannabis&start=1&num=50&type=basic_search&newSearch=0
3) Israel Patent Office (click English in top)
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 253066
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 252504
4) European Patent Register
https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
5) World Intellectual Property Organization
https://patentscope.wipo.int/search/en/result.jsf
Replies
OWCP $3 in February!
CHOO CHOO!
News CNBX : TEL-AVIV, Israel, Nov. 28, 2017 /PRNewswire/ -- Cannabics Pharmaceuticals Inc. (CNBX) announced today that it has received a new research license from the Israeli Ministry of Health for the Characterization of anti-tumor activity of cannabinoids.
The new license will enable the company to continue our vision of developing an ecosystem for creation of diagnostic tools and bringing to the market diagnostic services for cancer patients who are medicated with cannabis. Our forward looking plan encompasses a synergy between HTS (High Throughput Screening), CTCs (Circulating Tumor Cells), Drug Efficacy, and Genomic Data to provide therapists and their patients with personalized supportive data for their treatment.
See You ALL in DOLLAR Land!
Proof IP Australia Patent Granted :
http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=one+world+cannabis&resultsPerPage=
Wow it’s getting hot in this room!
I have posted the same. Next .70 then $1.14
Arnie, here are the Patent Links. I'll post this daily if I need to:
Don’t pay attention to deceptive information on this board.
1) IP Australia Granted
http://pericles.ipaustralia.gov.au/ols/auspat/quickSearch.do?queryString=one+world+cannabis&resultsPerPage=
2) Canadian Intellectual Property Office
http://www.ic.gc.ca/opic-cipo/cpd/eng/search/results.html?query=one+world+cannabis&start=1&num=50&type=basic_search&newSearch=0
3) Israel Patent Office (click English in top)
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 253066
http://www.ilpatsearch.justice.gov.il/UI/RequestsList.aspx
Patent app no. 252504
4) European Patent Register
https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
5) World Intellectual Property Organization
https://patentscope.wipo.int/search/en/result.jsf
Replies
TREND BROKEN. NEW CHART: https://preview.ibb.co/bPcoSm/OWCP_BREAKOUT.png
Accumulation on breakout
TSI on breakout (true strength)
NEXT TARGET $0.70, then $1.14
still 35% to be made till we get to $0.70
GET YOUR TICKETS
OWCP $1.14 target before year end
NOT oversold, perhaps undervalued. CHART: https://preview.ibb.co/cNVPXm/cnbx.png
Notice we are sitting at Support levels that are very strong.
Chart is bullish with ascending triangle formation.
Notice accumulation increasing
Full Fibonacci retracement has occurred, same as OW $P
Next up $1.45 - DONT FORGET, WE ARE NOW IN A BULL MARKET.
Have patience with this one. Owcp is still oversold until .70
Chart: breakout from ascending triangle pattern: https://preview.ibb.co/mJgwdR/owcp_bull.png
If you didn’t spot this textbook chart pattern you didn’t do your homework or you are too busy listening to negative comments on this board trying to scare you into selling your shares!
HOLD OWCP AND BUY MORE!!!
70 CENTS NEXT AND THEN $1.14
Breakout confirmed from resistance. 70c next, then $1.14.
From what I understand initially 10 tons a day and then 50 by YE. So let’s do math:
just one ton of E-waste will yield approximately 1000 grams of gold, with a value, subject to gold price, of $38,500
Ten tons = $385,000 a day
MWX share is 20% = $77,000 a day
A week w/5 days = $385,000
A year w 52 weeks = $20million / year
If MWX trades at 12 x Revenue then share price = $0.87
If MWX trades at 24 x Revenue then share price = $1.74
How did I do gents? Thoughts?
Do you think these royalties will show up in revenues next quarter financials ?
Teq0904, is that 10 tons of ore or EWaste? If both, what percentage of each is included in the 10 tons?
I am trying to figure out revenue monthly and then yearly.
How many tons of EWaste can the mine in Tennessee process per month?
Yes I was reading about that after. I think in their latest filings with SEDAR I skimmed quickly and they have options to purchase a mine in Spain. But I have to look into it with more detail.
TrendTrade, can you tell me your thoughts on $1?
From what I understand just one ton of E-waste will yield approximately 1000 grams of gold, with a value, subject to gold price, of $38,500. When you compare with ore mining, when you go through a ton of mining ore you can get only 10 grams of $400.
From their presentation from 1 million recycled cell phones can yield up to 75 pounds of gold, or 34,000 grams, or $1.3 Million before costs from operation.
Anyway my question is how will they monetize this technology and how can they reach dollar land?
From their presentation they mention various was to generate revenue:
"Multiple revenue streams are associated with these proprietary custom extraction solutions."
1) Potential for Joint Ventures from junior to Fortune 500 companies.
2) Mineworx will hold a license in perpetuity to EnviroLeach’s patent-pending, non-cyanide gold leaching process.
3) Mineworx will be the exclusive technology/systems integrator for the continued design, development and installation of all EnviroLeach (X-Leach) process production plants.?Mineworx’s proprietary, cyanide free extraction solution has the potential to become the industry standard in both the mining and e-waste industries.
Current market cap is sitting at $49.8 Million wth 276 million shares.
So, could you let me know more details on your projections toward $1? That would place market cap at $276million. Thank you in advanced and happy thanksgiving to you guys!
I’m bullish but this may bleed to the 2s first to fill the gap. I’m not a buyer yet but will be.