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Just watch how this ends up below $.75-$0.80. Promos are not the answer and do nothing but tarnish this company and the clowns running it even further.
Perfect time to short into it if there will be bogus volume.
Let me guess, they are raising more money at $0.50 to the likes of Dutchess and other micro-cap frauds? The one thing that is certain is that it will have nothing to do with posting any verifiable revenue as this company is a complete joke.
".....SCS LLC has been compensated ten thousand dollars cash via bank wire by third coast media for this one day update on MSRT."
Same scam artist just a different site. That must mean they dumped more than $10K worth of paper into the market!
Because management is more concerned with being the Dutchess PR machine so Dutchess and their cronies can dump more low priced paper on the public. The Company has no clue how to get the attention of real shareholders as their failed promo attempts and non-material news is a classic sign of a scam.
More nonsense! Stock will go nowhere...AGAIN!!!
You find it odd that 4/20 is days away and you have heard nothing in the media regarding the company or "how big this sham of an industry is going to be?". Not a coincidence that the stock price is falling, supply is coming out of the woodwork and we still have not heard a peep about true financials. This company has no clue how to make money, only how to attempt to raise money at deep discounts with shady penny stock outfits in an effort to keep these potheads in collecting a paycheck - a page right out of the Dutchess playbook.
Once again...NOBODY CARES ABOUT THIS SCAM OF A PUBLIC COMPANY as evident by its pathetic trading pattern, suspect cap table and players involved. This is nothing but another breeding ground for the scam artists to muddle the public cannabis industry even further.
Keep buying this junk. You are only helping out the scam artist behind the public company!
This stock is such a scam. If anyone had half a brain or wasn't so bakes to see, one could easily see the pattern of selling going on. INTL constantly has a minimum of 10K on the offer at every level meaning they must have a large supply and could care less what price they get out (must means they are selling for Dutchess, an insider or another one of the non-credible firms this company gives away low price paper to) and VNDM has also raced to be low offer at any price which means another non-reputable firm has paper at Scottsdale or Alpine and looking to dump. This scam will go back sub-$0.50 next week as the shorts see this one breaking down for good. Compound that by the fact the company has ZERO fundamentals and a non experienced public market CEO that thinks promotions is the way to go and this one has disaster written all over it!
Nobody cares about this sham of an industry.
Nobody is buying into this scam anymore! Cat is out of the bag on this one!
Get used to it as nobody cares about this sham!
Why don't you call Aphria and ask them why they are selling their stock then?
Here is why this company is a complete SHAM and will never get back to $1 unless these morons that run the company are forced to do a reverse split to keep the number of outstanding shares under control:
(1) - The company is run by a bunch of morons that have been taught how to run a bogus company by the likes of Dutchess Capital and others.
(2) - The company has no real business and source of recurring revenue.
(3) - The company is constantly the center of the many bogus promoters that other canna-scams have to use in an attempt to keep the stock from going to the micro-pennies.
(4) - The company constantly puts out non-material news that does not make any reference to real revenue. They constantly put out ambiguous news that is normally coordinated with the fraudulent and pathetic promos that they are forced to do in an effort to help Dutchess and others liquidate their paper on the innocent public.
(5) - Look at the recent trading pattern. Heavy, constant supply coming everyday and has to be from one of the frauds at Dutchess or someone else that got their hands on cheap paper. Whenever you see VNDM on the offer, it is normally a non-repuatable penny stock chop shop like Scottdale or Alpine selling on behalf of a non-sophisticated investor that cannot deposit their paper anywhere else. Dutchess, insiders, promotors and other amateurs are forced to sell their penny stocks at firms like this. If this company had such an optimistic outlook, why are these people so anxious to sell?
(6) - Nobody cares about these potheads and their misfit businesses. It is almost 4.20 and you do not hear anything on the news as you did in previous years. There are too many other real stories such as Syria, North Korea and events happening in real industries like retail and tech that people want to hear about.
Who exercised .01 warrants? I would not doubt is the frauds at Dutchess or one of these other penny stock chop shop got their hands on those kind of warrants.
They failed to execute and spent more time on promotions that concentrate on attempting to create a business.
Just give it a week or so. Not sure you will get $0.50 but it is certainly going lower!
If that. I would imagine that 90% of all the activity is done by less that 10% of their user base. I imagine most potheads sign up, use it once or twice and realize it is a worthless app.
The explanation is simple. Company has no clue what they are doing. They do everything in their power to divert attention to the fact that they have no idea how to make money, sell services or monetize the 1M potheads and business on their platform.
The fact that they would make a press announcement about someone exercising their $0.90 warrants when the stock was at $0.93 just shows you how clueless they are. It is obvious that these people have no faith in management and just want out. Who do you think is killing the stock now? The company is more worried about hoarding cash to keep these band of potheads employed rather than build a real business.
Management has more interest in using the stock as currency so they have cash to keep these worthless potheads employed rather than maximize shareholder value. This is nothing but another carnage of the Dutchess Penny Stock Scam machine. Stock is being sold from every direction. They still dodge everyone's cry for a path to revenue and focus more on promotion and senseless news announcements - a page right out of the Dutchess Playbook!
I need volume and due to the lack of interest in this sham, I have to wait.
Based on the trading, a lot of people are not believers in this sham!
Any upside movement will trigger my short button!
This company has no clue what they are doing. Much like the other public cannabis scams, this one will be out of business soon enough.
Until they realize a way to make money on a consistent monthly basis, the jury will always be out on this one. If they do not show immediate revenue in the next month or so, I suspect people will throw in the towel on this one as they have had plenty of time to perform and have done nothing but disappoint!
At any given time the bottom could fall out as there seems to be an endless supply!
The problem is that after years of existence they have not been able to do anything but allow people to post pictures, build a new website, add a generic mapping feature and spend a lot of money on failed promotions. After reviewing the Annual Report this morning, I am surprised this is not back at $0.50.
Dutchess and the other scumbags hired them so they could get the best price for their remaining positions before the bottom falls out.
Very reputable to man up! You cannot say I ever changed my tune. These clowns have no idea how to make money. Only issue stock to scumbags like Dutchess, Maxim and others so they can throw it out to the market on a daily basis and forced to used promoters to move their paper. This company has done NOTHING to show they have a business model!
Exactly, they wanted to make enough to cover the transaction costs and get out even! It is a sign of lack of faith in the company going forward!
Looks like more supply to hit the market. Outside of putting more money into this non-revenue generating company to support their paychecks and paid promotions, what is the purpose of this announcement? To support the promotion? Just another non-relevant news announcement. Just what the public wants to hear - "our only source of revenue is issuing more stock too further enhance the amount of supply.
This Company has done nothing but disappoint. Building a new website in their eyes is a success when indeed they keep playing the smoke and mirrors game when it comes to revenue and sustaining any resemblance of being cash flow positive.
Based on this company's burn rate and lack of revenue, they certainly will not be around unless they have some sort of a miraculous turnaround!
Exactly my point. Very overvalued!
Just look at their financials from continuing operations in their filings and you will see that they have compiled over $8M in losses as of last year.
They could have 2M users - it does not matter. They have no clue as to how to make money on a consistent basis and cut into their $10mm worth of existing operating losses. That is the only thing this company is good at - LOSING MONEY (and maybe keeping 24 people employed at the shareholders expense!)
Not one reference or to actual revenue implications for this company. Just all generic non-relevant news to support their bogus promotion.
There are no facts here. Just look at the suspicious trading (all while they are pumping money into fraudulent promotions) while the supposedly have all this good news going on - someone is getting liquid at the novice shareholder expense!