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Article: so I was reading up on cbd as a treatment for smoking and found this article. It discusses the large market for smokeless tobacco (6 billion!) and how big pharma is looking into cbd as a treatment. I expected to see some big names but the article is about CVSI and their product.
Don't sleep on the smokeless tobacco cure, could be big.
https://www.endoca.com/blog/news/cbd-addiction-help-quit-smoking/
There are big names with non cbd related products for smokeless tobacco but they have black warning labels.
http://www.prnewswire.com/news-releases/fighting-addiction-and-other-unmet-medical-needs-with-cannabidiol-594944871.html
annnd he got bought out, here we go
The guy who wants out at .875 who couldn't be bothered to break up his sell order stopped the move higher this morning. imo watching l2
Moving up breakout boards
Where are you getting 95 million? OTC markets shows 189?
You doubted the MJ lease the whole way it looks like, wrong again, licensed and plenty of proof of a growing operation.
Hmm here's another forward looking statement, I say we see the revenues from the lease on the next financial statement due in a month, let's find out if you're wrong again.
Wow remember this prediction? Boy were you off, net income of 1.75 million. I wonder how much people should trust all your forward looking statements.
It was a well written email about how he is interested in building long term value not releasing pumpy MJ news (even though they could), and verifying that there is no dilution, even though we all now that since per the TA the share structure hasn't changed for 12 months.
Here is his linkden profile, most penny stock investors have seen many scams, very rarely do they have this many connections and recommendations. Check the people that gave him recommendations, all very real people running very real companies. Try and find a penny stock scam where the CEO has a profile like this one, you won't be able too.
https://www.linkedin.com/in/bill-wright-64223a23
And now per their sec filings they have the bond money to invest the resources they need into their projects.
3 years dude, that is not a long time for a new small company just getting started to be in the oil business. Per the link I posted before it can take up to 220 days just to get a permit in Wyoming.
Great post thanks, looking forward to the updates and learning what they are doing with that money, my hope is another building in Colorado or buying out wildfire.
Thanks
They may have hanged those other names or incorporated them under the same name who knows.
But Powder River Resources, their main focus right now, is registered just fine, and already has a drilling permit, a lengthy process that requires a plan in place to get.
Friendly reminder, share structure hasn't changed in over a year, call the TA yourself, just another great piece of the puzzle here, zero dilution 1.75 million cash on hand.
In the upper left click on the blue link that says apd file, then there is an icon that looks like two documents.
Right and if you click on apd file in the upper left and download those documents you see a more detailed plan.
Say what you want but when an expert says you have to have your ducks in a row to get a permit and it can take 220 days and we have one that is progress, the bond investors wouldn't put millions of dollars into this without doing DD and the bonds have already hit official sec documents in our filings,
the money is there, the plan is there, the permit is there.
This is similar to our Washington grow leases, it seems we had some doubters and now we have indisputable proof in pictures and local newspaper articles.
Good read on the powder river basin and how oil production is ballooning there.
http://www.oilandgasinvestor.com/high-plains-oil-759791
A couple of interesting parts,
"It's just amazing what's happened in a little over a year," said Tim Haddican, RKI vice president of operations and engineering. "This is all very good crude oil, 39 to 41 API with no H2S [sour gas]. From an operations standpoint, it's one of the best fields I've ever seen."
"The Powder River Basin is experiencing a turnaround in oil production," the EIA said in a September report. "Production has rebounded from a low of 38,000 bbl/d in 2009 to 78,000 bbl/d during first-quarter 2014."
"And if momentum is an indicator, production is on the verge of ballooning. "When we look at the potential—more than 2 billion barrels of gross recoverable resources just on our acreage—it's a massive basin with multiple stacked resource opportunities,"
"An R.W. Baird survey of industry and investors in early October identified the Powder River Basin as the most highly anticipated emerging play. Haddican shares the sentiment.
"The oil in place is tremendous.""
And we have a permit!
file:///C:/Users/RtRock/Downloads/563574001%20(1).pdf
Here's some info about how long that takes from the article,
"You have to have your ducks in a row and a good plan in place before you start picking up rigs," said SM Energy Co. president Jay Ottoson. "It's not like you can submit a permit and have one in 20 days; it's more like 220 days."
"It's one of the greatest limiting factors," acknowledges Wyoming geologist Jim Goolsby. Getting a permit from the Bureau of Land Management, and in some cases the Forest Service, "is like trying to pour molasses on a cold day. If we could get permits rapidly like in the boom in the 1970s and '80s, I wouldn't doubt we'd see increased rig count."
No SS changes in 12 months, they have 1.8 million dollars in cash with more coming they don't need to sell any shares, every time you yell dilution is another chance to educate new investors on the fact that there is no dilution and there hasn't been for 12 months.
No SS change in one year, 1.75 million net income and 1.8 million in cash on hand as reported in the latest q. Also several VERY big announcements coming per their facebook page, what possibly isn't to like?
The grow operation is all but completely verified by all the DD on this board as well as an independent newspaper article and all the proper documents being filed with the state.
The bond offering has also already hit official sec filings, no SS changes you can call the TA yourself, you are throwing things at the wall to see what sticks and nothing is.
I don't think they would wait until the bond closes, but I do think they may be waiting until they uplist to put out news. They usually release news once a month and we haven't had anything for two, my total guess would be waiting for uplist first, or at least a timetable for uplisting.
I think the reason we don't hear more about this from the company is that it is currently in dispute,
The reason we didn't see any rental revenue from this yet on the last q is that it depends on CGRA finishing the buildout of the property first, I think we will probably see it on the next q.
I was way off on this, but it sounds like there is plenty of room for expansion, from the latest q,
What I am looking for is the uplisting, when they say "everything is coming together on all fronts" I assume the proposed uplisting is a part of that. (top post)
https://www.facebook.com/CGrowthCapital/
It looks like there's also a building, or a planned building in the south that's just as big, (scroll down, 420 grow is out current bldg in the upper right, the one he is talking about I believe is on the left, then south is the third building).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121290684
A lot of good DD here too:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125842746
Not 100x smaller market cap 27x, my bad
Rain and crude, just wondering if you guys have had a chance to look at CGRA. Fully reporting pink with no change in SS for 12 months, they lease approved growing operation facilities to mj tenants in Washington. Looking to uplist, net income 1,750,000 on the last q. Recently raised a ton of cash through issuing bonds.
Similar to CGRW except with income and 100x smaller market cap. What am I missing here?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125863470
Here's a local newspaper article on their operation,
http://chewelahindependent.com/wildfire-cannabis-sets-roots-just-outside-chewelah-marijuana-growth-operation/
(They don't own the weed they lease to growers, but it seems like they could start their own grow operation as well).
Per their facebook page big updates coming, (top post)
https://www.facebook.com/CGrowthCapital/
Might pull back for some cheapies today.
Agreed but there weren't "all those theories" it was just a few posts of made up nonsense, the facts are very simple, ss hasn't changed in 12 months,
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125862836
This stock is outrageously undervalued and about to blow these prices out of the water, whoever these flippers/sellers are, yeesh.
From the facebook page on Oct 6th,
Someone should sticky this instead of the wildfire twitter account since he keeps screaming dilution.
When they said "everything is coming together on all fronts" I assume that hopefully the uplisting is a part of that, big piece imo.
What I am looking for is he uplisting, hoping that is part of the big news they mentioned is coming soon.
I think it's worth pointing out that at (around) 30,000 square feet for each tier 3 grower, (2 million or so for each), they currently have room for 60 more (If the whole property was grow space, so let's say at least 40?) and would still have enough sq feet for their own grow operation.
I know that's obvious to you but some would read through this without quite "getting it" because they have no idea how many square feet are in an acre. I know you probably try to avoid posting "pumpy" numbers haha, but yeah.
ICRD MJ stock with 24 mil float, 110 a/s 36 mil o/s. News coming, today or tomorrow per company, payment solutions for mj industry. Stop sign being removed next week per company. .028 right now trading at 800k market cap.
ICRD MJ stock with 24 mil float, 110 a/s 36 mil o/s. News coming, today or tomorrow per company, payment solutions for mj industry. Stop sign being removed next week per company. .028 right now trading at 800k market cap.
ICRD MJ stock with 24 mil float, 110 a/s 36 mil o/s.