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According to tdameritrade they were suppose to report today. Didn't happen. Instead they gave some "funny" fluff ad news
Exactly. What happened to being a fully reporting company? I guess that was short lived. This ad "news" is old....about a month old. This is not good news. They have failed to report. Can't uplist if they can't adhere to the standards
exactly my thoughts. Everything is digital today. Waste of funds, just like this whole van idea
My point being is they spend who knows how much for a horrible investment. Could have used that to get rid of the debt, but we see their priorities...could have used the van money too. Again shareholders here are last on their minds. Instead they have made poor business decisions and went after things that generate higher expenses rather than creating more net income. Its honestly a shame
pretty big buy wall at .0010. During the past 7 days there is more buy interest than there has been sell interest by a long shot
at that point it would be worth below fundamental value.
Trading at a value of ~$7.7million. Why are they undervalued?
-Water rights are worth over $4 million
-The have 15 acres of hemp harvest
-Trucking company acquisition for their seed to sale model
-Celebrity spokesman for their product
-and now in talks with much larger growers, which tells me that they are ready to expand massively and generate significant returns. Why get in acquisition talks with growers if you dont plan on selling anytime soon? It sounds to me that they are ready to really pump out some sales!
Massively undervalued and shows big buying interest bc honestly this will be trading in the penny range in no time.
*also to note. Farm bill to pass and states like New Jersey legalizing in as little as a month. This stock is primed and ready. The bottom is in (look at the volume last week! Highest volume since the peak, which means capitulation)
I'll believe it when I see it. I have a hard time trusting any of their moves anymore. I mean look at that crypto mining facility that they bought. Its not even profitable to mine cryptos anymore. I just watched a whole video discussing that by Genesis mining co.
The thing is though, they stated that their goal was to have it settled by the end of the year. We are now down to the wire and honestly I'm not going to hold my breath that they pull through with it. I cant count how many times they miss deadlines by a good amount of time. I'm honestly concerned if they will erase the debt at all. That's actually what I sent them emails about months ago and never got a response back. CVS$I got rid of their debt first (put shareholders first) and look how that stock has traded since. Absolutely wonderful. Meanwhile here, they put fat cats first and their own interest and to be quite frank...they dont give a damn about shareholders.
They followed through with POTN and will follow through here. Patient investors are the winners
They already have stated that they do not intend to do that
wrong. refer to my recent post responding to your false claims. They have come out and stated that there will be no reverse split (so please stop stating things that go against what the company has publicly stated). There are a good amount of stocks with as many shares or more than RSHN and trading in the multiple pennies.
Goulding himself came out and even admitted that the note was being converted (diluted) on one of the radioshows...that is a fact.
Not true. I've seen stocks with similar share structures and they are trading in the multiple penny range as we speak
its been 4 months since the high. Those reasons are the fundamental reasons why it is currently trading at or below value. Stocks can be manipulated, which is what we have seen. Shorts drive the price down. Massive volume hit last week, which signals a bottom and if shorts were smart they started to cover
I just read that. Only post pones it to Monday from this current Wednesday and that is if it gets postponed at all
Just read that the farm bill will be delayed again on the voting since George Bush has passed. Here is the article https://www.dtnpf.com/agriculture/web/ag/perspectives/blogs/ag-policy-blog/blog-post/2018/12/03/farm-bill-votes-postponed-next-week
Farm bill goes to the house floor this week
Trading at a value of ~$7.7million. Why are they undervalued?
-Water rights are worth over $4 million
-The have 15 acres of hemp harvest
-Trucking company acquisition for their seed to sale model
-Celebrity spokesman for their product
-and now in talks with much larger growers, which tells me that they are ready to expand massively and generate significant returns. Why get in acquisition talks with growers if you dont plan on selling anytime soon? It sounds to me that they are ready to really pump out some sales!
Massively undervalued and shows big buying interest bc honestly this will be trading in the penny range in no time.
*also to note. Farm bill to pass and states like New Jersey legalizing in as little as a month. This stock is primed and ready. The bottom is in (look at the volume! Highest volume since the peak, which means capitulation)
I disagree with what you stated. Goulding came through multiple times with POTN and I believe he will here as well. If you do think this is a pump & dump ( I do not ) then its a good thing its at the bottom now for the next pump ;)
CRON just ran over 20% mid day bc it is in talks about being aquired by Altria. When will people learn. Its buy the rumor (talks, negotiations, etc) sell the news (when the deal goes through. Thats a saying and there is a reason it is the saying. HOWEVER if this thing stays trading sideways and then the deal goes through it will go upward when announced since it was not priced in.
Oustanding Shares - 7,729,739,834
Authorized Shares - 9,000,000,000
Trading currently at a value of ~$7.7million. Why are they undervalued?
-Water rights are worth over $4 million
-The have 15 acres of hemp harvest
-Trucking company acquisition for their seed to sale model
-Celebrity spokesman for their product
-and now in talks with much larger growers, which tells me that they are ready to expand massively and generate significant returns. Why get in acquisition talks with growers if you dont plan on selling anytime soon? It sounds to me that they are ready to really pump out some sales!
Massively undervalued and shows big buying interest bc honestly this will be trading in the penny range in no time.
*also to note. Farm bill to pass and states like New Jersey legalizing in as little as a month. This stock is primed and ready. The bottom is in (look at the volume! Highest volume since the peak, which means capitulation)
waiting for debt to be removed before I go long in this again. Its not worth throwing money in it for them to just dilute into any upward move
Exactly my thoughts. Any positive move we have had all year had been met with big selling dilution driving the price down more. Until the debt is completely settled I don't see any sustained run happening.
also you said "typical Goulding con", that is why I referenced POTN bc in that company he proved that he did things that he said. This company is relatively new
Water rights. Verified.
didnt they accomplish getting Chong and Lawrence Taylor for POTN? didnt they finally get audited in POTN? I dont think you are correct in saying they dont accomplish the things they say.
Hemp to be fully legal in the states with the farm bill. The bulls are going to run over any bears any day now :)
a whole $8,000 order...wow thats huge...*eyeroll*...not like the ~220million shares bought at .0013. That is what you call huge ;)
I respectfully disagree. Volume is the best indicator there is in the market. We have established a bottom
I can see that
Nice to see that they updated their website!
the lack of buyers shows me that interest has died down. The farm bill needs to be signed yet and the debt still needs to be resolved. Patient traders & investors are waiting on those two things to be finalized imo. We didnt even break 1 million in volume yet today so looks to me like those that were interested bought yesterday and now theres no new buyers coming in at this time
exactly my thoughts as well. This is of no relevance to the company.
the endorsee cant possibly be priced in. Pricing things in that are considered bullish news are run up to the news dates to sell. We are at prices before any of their recent developments (endorsee, xyz hemp harvest, trucking aquisition, purchase of water rights, and talks with growers). Sell the news events happen on run ups, not the other way around. The price action tells me that no one believes they have anyone at all for their endorsement so literally any athlete at all would move the price in the upwards direction.
Again these prices were before any of those developments so any bullish news should be received with an increase in buying and price. We all know this is undervalued here
It went to .008 before the farm bill, before the trucking acquisition, before any announcement of a celebrity endorsement, before obtaining water rights, and before their recent talks in acquisitions of other growing operations. Expect this to go past that .008 previous high by a good amount
What?
Deal reached on the farm bill
was just at 800k. Got reloaded to 1.8million now on the ask. Bid has 7.64million that I can see. Looks to me like shorts are trying to contain the price, but honestly its not looking good in their favor.
Currently trading at a value of ~$9.2million. Why are they undervalued?
-Water rights are worth over $4 million
-The have 15 acres of hemp harvest
-Trucking company acquisition for their seed to sale model
-Celebrity spokesman for their product
-and now in talks with much larger growers, which tells me that they are ready to expand massively and generate significant returns. Why get in acquisition talks with growers if you dont plan on selling anytime soon? It sounds to me that they are ready to really pump out some sales!
Massively undervalued and shows big buying interest bc honestly this will be trading in the penny range in no time.
*also to note. Farm bill to pass and states like New Jersey legalizing in as little as a month. This stock is primed and ready. The bottom is in (look at the volume! Highest volume since the peak, which means capitulation)
yes, but the thing is they have the facilites, which is what the article states. This means all they need to do is switch which strain to grow, which takes no additional measures. Hemp is already more profitable to grow anyways so companies will be shifting to growing more of it regardless. I'd be willing to bet that these companies are already growing Hemp as they are in talks with them.
I read that in Massachusetts they did over 2 million in sales in just 5 days with only 2 dispensaries open. Talk about massive demand. New Jersey is expecting to start its recreational sales as early as January.