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I talked with Barry. Our representative is returning from the Middle East later this week. News release likely this week or the week after. Lots of USA interest in the rocket launchers as well.
Additionally, the share seller is likely an institution that did a PP many years ago when the stock was trading in a lower price range.
Someone has been blowing out their shares at the bid the last 4 trading sessions. We are now trading below where we were when the Canadian government contract was announced. If this seller is done it should be a quick ride back up this week to .06
Someone took down 97, 000 shares at almost .07. Is this positioning for news this week? We are looking good.
I agree. I have a feeling we hear about orders from Saudi Arabia and Oman this month. If Canada went in for 350 launchers I bet Saudi Arabia will have an order between 700 to 1000. If the USA puts an order in then this thing will explode.
I spoke with LLLI today, they expect that there will be one or more news releases out this month.
Wow, we had a lot of strength in the mid 6's today. Hopefully we can push for 7 again tomorrow or Thursday. I can't imagine where this thing will fly when the foreign government launcher NR on the (largest contract in company history) comes out.
A 50 million marketcap would still be cheap compared to what other companies on the marijuana index with less going for them are priced at.
$ATTBF is busting through .20 today
$ATTBF yeah, way to get this place rocking, lets hit .20 today!!!
$ATTBF is ready for liftoff today
$ATTBF A 1 dollar stock gives us a $27 million dollar marketcap. A lot of stocks in this sector trade at over a 350 MILLION DOLLAR marketcap and have much less going for them than we do. This could be a 5 dollar stock overnight with the license and low outstanding shares
$ATTBF or ATT on the Canadian exchange. MMPR permit expected soon, small marketcap.
$ATTBF 1.3 million volume Friday on the Canadian exchange. MMPR permits could be coming this week.
$ATTBF Parabolic, I love it. I think we gained a lot of new followers last week with the Controlled substance news and our appearances on the buzzcloud as well as being number 2 on the breakout boards.
$ATTBF we are back on the one hour buzz cloud on IHUB!!!
$ATTBF well we had 1.3 million on the Cansdian exchange so it doesn't seem that far fetched. I begun posting on the low float stocks board and those posters tell me they have also been following ATTBF, so there are people ready to jump in.
What I like about your list is that you are following solid MJ stocks off the radar of the mainstream. 90 percent of the posts in this sector discuss the same 4 or 5 names with huge marketcaps and hundreds of millions of shares out.
$ATTBF traded 1.3 million shares Friday in the Canadian exchange. An 850 k block of shares at .17 got taken out in 90 seconds one hour before the market closed. Some people think that the license may be coming in this week hence the accumulation.
$ATTBF is going to have a huge run this week.
$ATTBF True, my impression from the market radio interview is that we have more than enough cash on hand to get us through until after news about the license. IMHO we don't need to worry about more dilution in the pennies.
$ATTBF I agree, except I think a license puts this over $2.00
$ATTBF Trust me your opinion is valued, the ENRT board didn't appreciate you properly but we do. I agree, follow the money, the options grant, the ticker change, the volume, the uptick when others in the sector like ENRT were getting sold off. Something is bubbling.
$ ATTBF with the amount of shares sucked up at .17 ( hundreds of thousands) on Friday and few on the offer above, ATT could easily go over .20 tomorrow on no news.
Could Monday be our day? Chefboy has told us there will be another company added to the MMPR list Monday or Tuesday. His friends company got added Friday, could Abattis be the other company? With the trading activity we saw Friday, I am very encouraged.
I would say 7 is possible. Look at the marketcaps of HEMP, PHOT, CBIS and FITX. If we get a license we should have a bigger marketcap then all of them.
That would be awesome too but I am saligating over the license because if it comes this week we will be the first public company with one. Can you imagine the publicity we will get if that happens.
And it happened in the last hour of trading which leads me to believe that news is imminent.
I'm not sure how long it will take to correct the deficiencies, I guess it depends how minor they are. I just get the feeling that buying was about something else and not the deficiency letter. It was a set trade. The 850 k went up and got eaten up, it looked like positioning for something big.
Not saying its a definite but the volume of shares traded on the Canadian, the constant uptick,,as well as that 850 block being gobbled today put me on alert that something is going on.
I think the license is coming next week possibly Monday. The options granted, the ticker change, the 8th company being added to the list Monday. If you watched the Canadian exchange around 3 pm there was a block of 850 thousand shares that got sucked up in 90 seconds. I wonder why that happened :) Enertopia got rocked today and we had a strong upday. I don't attribute that to the ness released last night so there must be another catalyst.
Sounds loke the logical next step. Also if the Liberals get elected next year they will push to have recreational marijuana legalized.
I spoke to Mike a few weeks ago and he told me they had applied for this controlled substance license in addition to the MMPR license. He mentioned that the controlled substance license would enable them to produce items such as tablets.
Good point but that wouldn't explain why both enertopia and ATT went down harshly on the same day. I watched TOP and someone was messing around with the bid and ask (it was .15) before it started trading.
Ok thanks for your effort. Does anyone think the permit news came in today too with the other government news and that they seperated the two releases by putting the controlled substance news out aftermarket. If so the halt would happen tomorrow morning before trading. What do you think?
When did your friend apply for the MMPR license? If there were deficiencies that needed to be fixed how soon did they hear about them? I'm just trying to see the turnaround time.
5 news releases in the last five days. It does seem loke they are really getting their house in order for something. That second granting of options really sticks out to me. Why now? Also considering we heard back so quickly about our deficiencies for the controlled susbtance permit we likely would have heard back a while ago if the permit would not be granted/things needed to be fixed. Im feeling realy good about next week.
So if our controlled substance permit is back already and was filed in Late December, our MMPR application was filed in early November and should be right around the corner.
Hi Chef,
Thanks for sharing your knowledge. I am a little thick skulled so forgive me. Do you speculate that us and enertopia dropped today due to people walking down the price to accumulate for a potential llicense announcement next week? Or do you think we dropped for another reason.
Totally speculating but maybe they thought FLU had a negative connotation to it considering they are supposed to be helping people feel better.
News out on American wire about permits.