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Let's all hope there is some kind of merger on the horizon because these contracts to distribute pills to the loony bin or whatever don't seem to be doing much.
You're absolutely right. They really need to start earning it.
Here we go again...
Why does this thing suck so bad?
No trades for two days...is that good or bad?
Just hope they're not planning to reverse split this into oblivion because that's never cool.
If we can continue with what we saw today, there may still be some potential.
Every time we get a day like this with no trades, I always think trading's been halted and when it resumes they'll have completed some huge merger or something and we'll all be extremely happy. But then a trade comes in and we're back to .0001 again.
It's like we're waiting for a "Great Pumpkin" that never comes...
We need something concrete from the company or this is just gonna keep bouncing back and forth from .0001 to .0002.
Let's pray they have something really special planned and not just more contracts that don't seem to move this thing...
At least we're up. Hope it continues.
You can buy your cheapies everyday.
Please pull some amazing merger out of your ass and release yourself from this horrible cocoon, oh wondrous Monarch...
A low float is very desirable and we definitely have that now. Let's just hope it plays out in a way where everybody wins.
You just inspired me to do the same!
I'm still holding and trying to stay upbeat. Anything is possible at this point. This could seriously take off if that new company has got the financial backing, they land some international contracts and an actual merger is announced.
I have no clue what their plans are but there's probably quite a bit of info we don't know right now and that secrecy really hurt them this week.
It'll be interesting to see how the next few weeks unfold.
GLTA
No problem.
Good luck to all of us...
That actually makes a lot of sense especially considering they're probably creating a whole new entity by combining these companies. Obviously they'd want a low share count and if the other companies have a more lucrative revenue stream, this could start off with a much higher price when the dust settles.
JMHO
Nice PR. You'd think it would at least get us to .0003.
Hopefully we'll get some real news soon...
Chart is showing positive indicators that this will "continue to suck ass."
This is just sad and they have no one to blame but themselves.
Will it be news that makes us happy?
Sounds cool. Have a good night...
Just north of Detroit.
I totally understand, that's where I'm from.
You're right, those PR's at least let us know they're still breathing but they could've sustained a much higher share price if they'd truly reassure investors that something big is on the horizon.
I honestly don't mind if they wait until after the first of the year to make their move but if that move involves a reverse split, I'm seriously gonna be pissed...
That's some great analysis and I hope it ends up being the case but in the meantime, with all the reputable business people they have involved you'd think they could round up a few bucks and put out a PR that says something to the effect of, "Everybody hang tight. We're putting together something really special that could increase shareholder value substantially. Please be patient with us while the details are worked out."
They haven't given us anything like that which is why the stock price has sunk as low as it can go. It'd probably go even lower if it wasn't as low as you can physically get.
Well said.
As we all concluded about ten years ago, they've got an impressive network of companies. Wish they'd finally make some kind of move. In this horrendous market, they don't have the luxury of wasting time and that's all they seem to be doing. They need to get whatever they have up and running.
We've been more than patient...
Hey Surfsup,
These things are almost always confusing but here's my opinion:
I still think there's another public company involved, possibly that one on the NASDAQ as well as a private company looking to go public by way of a shell. From what we've heard, the private company may be calling the shots and not overly concerned about the PPS of CCMJ because when all is said and done, we could end up with a whole new entity at a much higher share price.
The problem came this week when he used the word "acquisition" instead of "merger" which are often interchangeable so it could've just been an honest mistake. If that's the case, he probably just assumed people use them together all the time and it wouldn't be an issue.
As for the Japanese company, that's probably just another potential contract and possibly a sign that they may be achieving their goal of going international.
Just my thoughts but your guess is as good as mine regarding what's happening behind closed doors...
Not a bad close. It'll be interesting to see what next week brings.
What a weird day. Hope it means something good is coming. I can't tell one way or another at this point.
That post gave me a Woodrow.
Thanks, Romak. Let's hope it's what we've been waiting for...
I've been keeping the faith. If you feel good, that's a positive sign...
Soldier, you don't have to answer any specific questions but let me ask you this:
Do you feel good about it or do you feel bad?
Not the close we were hoping for but it could've been worse.
A PR clarifying that the merger is still on track could definitely get us back on track.
Looks like conversions may be done -- and apparently all trading in general.
They need to give investors something they've never given them before:
A legitimate reason to buy.
Today was discouraging to say the least but the right announcement can change everything in a heartbeat, then all the haters will be back on board and news will hopefully spread like wildfire to other investors.
Obviously it's impossible to know if they actually have this ace up their sleeve but if we're extremely lucky and they do, this lousy day may quickly be forgotten.
Nobody knows. Would be real nice if they'd tell us something but they don't seem to be responding.
All we can do at this point is wait and see. Good news could still be on the way...
Nice green close. Hopefully a preview of what's to come...
How can I sell my position, Shane?! There aren't any buyers! Nobody wants this disaster -- not even for .0001!
And I'll stop my mewling if you stop your predicting. You haven't been right once...