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stock is gaining strength, 6-month-chart is showing the direction.....
Nw12
Canada closed at HOD 0.32 on low volume......
InMed Pharmaceuticals Qualifies for Electronic Trading in the U.S.
company website
more great news......
Volume is unusual. Something has caused all those buys for sure. NEWS are overdue, imo.
You´re welcome. Hope it brings some luck to those who step in.
It´s my best stock at the moment, as I bought around 0.10.
Nw12
All into jail.
It is unbelievable that in 2015 companys are still able to betray and deceive shareholders for years like AFPW is doing.
Nw12
Folks, check out IMLFF!
Canadian MJ pharma company, great and interesting stuff.
GW Pharma folks involved, low OS( 52.9m / 71.2m fully diluted as of April, 15th 2015 ), just secured 1m+ in financing, steady newsflow, large pipeline developing
Facebook:
https://www.facebook.com/ctinccanada
company homepage:
http://www.inmedpharma.com/s/home.asp
I-hub discussion board:
http://investorshub.advfn.com/boards/board.aspx?board_id=28415
good luck
Nw12
At the moment I have no clue if we can find any strength again.
Management should have given information out, explaining the decline and what they are going to do to stop or slowing down it.
Many investors have lost their confidence - prey for the short sharks.
I´m gonna pull the trigger and sell if the stock starts to loose bottom again.
Nw12
0.0725. Once again, the stock is trying to form a bottom.
I never thought it would come back this far, but o.k.
Company should give some meat, no fluff, then there´s the possibilty we will not see sub 5.
Nw12
Management should fast come out and do something against this mess.
No explaination, no nothing.
Not very shareholder friendly recently!
Nw12
Indeed, looking good here.
Canada market closed at 0.34 ( + 15.25% ) with almost 600.000 in volume..
A few days ago they had 2.9m in volume.
Nw12
Nowhere but up - this is where this stock belongs!
Business is really heating up here....
Nw12
nothing but personal view.
No revenues?
714.000$ last year.
http://finance.yahoo.com/q/is?s=mcig
No access to cash? Please show evidence, otherwise this statement is worth 0.
You know that EM-J will sell less than Mcig 2.0 before it is even released?
Interesting
Nw12
Some signs of life, but we all know what is necessary to get off this swamp.
Who knows?
I still have all my shares but no trust after all this time of storytelling.
But a glimmer of hope is always alive....
Can´t get worse for Shareholders.
It´s till trading.
Why?
Premarket: 1.38
Will we fly today? Huge News out......
Hmmm surglinesupplies website is updated and looking better now....
Don´t know how this could help us, but it seems like they are still working.
website was updated in 2015....
http://www.surglinesupplies.com/sup/servlet/sup.Main
No, sorry.
Not exactly right, dude.
Here are the numbers from the Q.s:
Mcig Revenues:
Q Jan. 2014: 85.109
Q July 2014: 195.565
Q Oct. 2014: 160.451
Q Jan. 2015: 88.119 ( without Vitacig revs, and 247.506 incl. Vitacig revs )
O.k., now one can argue that Vitacig has nothing to do anymore with mcig.
But if we put that aside for a moment the revenues have not declined at all.
But of course they declined without Vitacig revenues.
So, maybe we have to look at this from different views for a while...
Nw12
No I don´t .
lol
I just gave you your next pm.
good luck
Nw12
meanwhile 309m shares out?
Is this true?
Hope not for your own interest.
Nw12
great info tommy, much appreciated.
Nw12
Corporate presentation March 2015
link to presentation
Was not my intention to talk about net profit but to show that it´s a weak statement to say: "You have to sell them. This is not happening. "
Of course do they sell products.
They could sell more, that´s right but just give them some more time.
If not, sell and find a better stock.....
Nw12
So they made $ 444,136 in 9 months without selling their products?
Interesting
Nw12
Me too. 5 more subsidiaries in the next 2 years, all of them growing + the cell surprise will bring this to 100m+ revenues, imo.
Nw12
Impressive. Glad I bought more around 4$......
Well there is revenue growth, if you compare not the quarters, but the time from year to year.
Negative cashflow is common within the first years, seldom it is not.
GROSS PROFIT
60,601 ( 2015 - 3 months )
43,500 ( 2014 - 3 months )
249,985 ( 2015 - 9 months )
69,180 ( 2014 - 9 months )
With all that comes along ( hopefully ), this should continue!
Nw12
Agree.
good luck, man.
It increases the shareholder equity, as the company mentioned.
their both revenues are separated.
It´s not at all as mcig owns 50% of Vitacig.
...and all the Vitacig revenues that will improve mcig´s balance sheet, and 2016 elections and rescheduling probably around the corner.
And more and more countries around the globe legalizing mj......
Can we say this industry is going global at some point?
Oh wait, Vitacig has already spread to overseas....
Nw12
This will fly with rescheduling combined with further company developments for sure.
Nw12
They just announced a 1.2m order for their CBD products.
Doesn´t matter where the revs are coming from.....
Nw12
Don´t forget the fantastic 1.2m revenue order and the 1000 retail outlets.
Major announcements coming soon.
Don´t blame mcig on the ice cream trucks and billboards.
If they come through with that above the 0.10 times will be gone forever,imo.
Nw12