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ACOL Poised for Record Year!
Sales of the Medtainer have exploded in 2016! Sales from the first three quarters of '16 nearly equal the entire breakout year of 2015. By the end of the summer selling season, the company stated they had sold over 700,000 Medtainer units internationally and domestically, doubling the previous year’s sales. Partnerships with Kush Bottles and the recently announced Boveda Inc. partnership, position ACOL to accelerate sales growth in 2017. News is imminent on pending agreements with Health Canada, the national Canadian healthcare service. If secured, this agreement will adopt the Medtainer as the premier container for cannabis users throughout the country due to the packages child resistance, labeling and track-ability. Currently, 3 of the top 5 medical cannabis consumer companies in Canada use MedTainers exclusively for their customer bases.
The graph below shows historical sales results for Acology, and clearly shows quarter over quarter growth for the company. Notice the full year 2016 column is only through three quarters and positions the company for another record breaking year.
Other signs ACOL is poised for growth; distribution points have grown to over 1,700, nearly double the number from 12 months ago. (UPDATE: EXPLODING TO OVER 4,000 1/23/17) Share structure has remained unchanged since April, with the directors of the company holding over 76% of the common stock. This fact virtually ensures that whatever decisions concerning share structure will be in shareholders’ best interest. Artists such as Fetty Wap, Mod Sun, and Dizzy Wright along with clothing and accessories retailers LRG, Crooks and Castles and Young & Reckless have entered into agreements with Acology to produce and sell custom MedTainers.
Of course, with all these great sales increase, partnerships, and agreements, we need to pay attention to how ACOL is handling margins and gross profit. Here again, the company has done a masterful job of increasing both gross profit and margin on their lead product the Medtainer. Margins have increased from 65% in 2013 to 69% in 2014 up to a whopping 84% in 2015! As for Gross Profit, similarly to Sales, Acology has had meteoric growth. See graph below, and again please note that full year 2016 is for the current three quarters, an update will occur after the 10K in April.
Clearly $ACOL is on the right track, and could be one of those long term Buy & Hold stocks that will continue giving in the years to come. Below is a quick video the company presented showing their facilities and a summary of current business, enjoy!
The next financial report is for full year, 90 days plus possible extension...late March to mid April
For palliative care? That would be great, please keep us posted with what you can. Thanks!
Some pumping going on at Twitter. Good, get this thing moving.
Click on the Acology Inc (ACOL) where it says: Home > Boards > US OTC > Cannibis > Acology Inc. (ACOL). A line up from "Public Reply". After clicking that, the home page will show, on the right side click "show intro". There you will see the work LL put into the Ibox.
Check the stickied posts, "ACOL Poised for a record year". I graphed historical sales and gross profit. Notice that sales for 3Q's of '16 have already matched sales from our breakout year of '15. All information can be found here: http://www.otcmarkets.com/stock/ACOL/filings
Looking good LL! Thanks for putting in the time on the Ibox.
Hotstocked is a Bulgarian "hack for hire" site owned by Mr. Colorado Starks. Check out this article and draw your own conclusions. http://stockreich.com/tag/colorado-stark/
Sorry, not interested in who carries a bigger stick, besides it's all relative. What might be alot to me could be very little compared to you, or a ton compared to someone else. What's important is 99% of us are deep in the green!
Health Canada news could still drop anytime, always hold the core.
Yep, continuing to build on the core risk-free.
Great call Mr. White. Got 3 out of 4 filled.
Maybe, could pop to mid .019's before resetting, then .0144 range.
Not sure where that 1.8 number is coming from? There's around 835 million left in the A/S not issued, and some 3.8B restricted in the O/S. It would be great to see them retire shares and automatically increase the value of our tickets, but I find this unlikely. That said, they could return the 3.8B restricted shares, after converting to common, for retirement and exchange for a new class of preferred shares, similar to what $BM@C did today.That would be phenomenal!
The new Canadian digs?
$ACOL The new Canadian digs? pic.twitter.com/9e6Rgw9ub7
— BuddyGuise (@BuddyGuise) January 24, 2017
ACOL Poised for Record Year!
Sales of the Medtainer have exploded in 2016! Sales from the first three quarters of '16 nearly equal the entire breakout year of 2015. By the end of the summer selling season, the company stated they had sold over 700,000 Medtainer units internationally and domestically, doubling the previous year’s sales. Partnerships with Kush Bottles and the recently announced Boveda Inc. partnership, position ACOL to accelerate sales growth in 2017. News is imminent on pending agreements with Health Canada, the national Canadian healthcare service. If secured, this agreement will adopt the Medtainer as the premier container for cannabis users throughout the country due to the packages child resistance, labeling and track-ability. Currently, 3 of the top 5 medical cannabis consumer companies in Canada use MedTainers exclusively for their customer bases.
The graph below shows historical sales results for Acology, and clearly shows quarter over quarter growth for the company. Notice the full year 2016 column is only through three quarters and positions the company for another record breaking year.
Other signs ACOL is poised for growth; distribution points have grown to over 1,700, nearly double the number from 12 months ago. (UPDATE: EXPLODING TO OVER 4,000 1/23/17) Share structure has remained unchanged since April, with the directors of the company holding over 76% of the common stock. This fact virtually ensures that whatever decisions concerning share structure will be in shareholders’ best interest. Artists such as Fetty Wap, Mod Sun, and Dizzy Wright along with clothing and accessories retailers LRG, Crooks and Castles and Young & Reckless have entered into agreements with Acology to produce and sell custom MedTainers.
Of course, with all these great sales increase, partnerships, and agreements, we need to pay attention to how ACOL is handling margins and gross profit. Here again, the company has done a masterful job of increasing both gross profit and margin on their lead product the Medtainer. Margins have increased from 65% in 2013 to 69% in 2014 up to a whopping 84% in 2015! As for Gross Profit, similarly to Sales, Acology has had meteoric growth. See graph below, and again please note that full year 2016 is for the current three quarters, an update will occur after the 10K in April.
Clearly $ACOL is on the right track, and could be one of those long term Buy & Hold stocks that will continue giving in the years to come. Below is a quick video the company presented showing their facilities and a summary of current business, enjoy!
Appears short pressure is being eased....IB up to 1.8 available to short, last week it was around 100k, meaning someone exited their short position of 1.7 million...$ACOL Good to Go!
https://www.interactivebrokers.com/en/index.php?key=acol&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
The pending agreement is still pending.
Apparently there's confusion over what a distribution center is versus a distributor.
$ACOL $.0115 +9.52%
Press release today states over 4,000 distributors worldwide, a release dated 10/31/16 states over 1,700. Doubling distribution points is a clear sign of growth.
Nobody promised anything, just retail getting over excited about a potential outcome. Does anybody really think they would expand with two other partners if there wasn't business to be done? Think about it. Doubling distribution points is the big news in that release, more distribution points equals more sales. Pretty basic really.
DISTRIBUTION POINTS OVER 4,000!!! HUGE news imo, up from over 1,700 reported 10/31/16. Awesome growth and so important to future sales. Can't sell it if people aren't offering it!
Great to hear Zilla! If I remember right, you hold multi-millions, good for you and it's nice to know their in a solid longs hands.
Nice to see you back to posting "Zilla"! $ACOL epic run in the making!
ACOL Poised for Record Year!
Sales of the Medtainer have exploded in 2016! Sales from the first three quarters of '16 nearly equal the entire breakout year of 2015. By the end of the summer selling season, the company stated they had sold over 700,000 Medtainer units internationally and domestically, doubling the previous year’s sales. Partnerships with Kush Bottles and the recently announced Boveda Inc. partnership, position ACOL to accelerate sales growth in 2017. News is imminent on pending agreements with Health Canada, the national Canadian healthcare service. If secured, this agreement will adopt the Medtainer as the premier container for cannabis users throughout the country due to the packages child resistance, labeling and track-ability. Currently, 3 of the top 5 medical cannabis consumer companies in Canada use MedTainers exclusively for their customer bases.
The graph below shows historical sales results for Acology, and clearly shows quarter over quarter growth for the company. Notice the full year 2016 column is only through three quarters and positions the company for another record breaking year.
Other signs ACOL is poised for growth; distribution points have grown to over 1,700, nearly double the number from 12 months ago. Share structure has remained unchanged since April, with the directors of the company holding over 76% of the common stock. This fact virtually ensures that whatever decisions concerning share structure will be in shareholders’ best interest. Artists such as Fetty Wap, Mod Sun, and Dizzy Wright along with clothing and accessories retailers LRG, Crooks and Castles and Young & Reckless have entered into agreements with Acology to produce and sell custom MedTainers.
Of course, with all these great sales increase, partnerships, and agreements, we need to pay attention to how ACOL is handling margins and gross profit. Here again, the company has done a masterful job of increasing both gross profit and margin on their lead product the Medtainer. Margins have increased from 65% in 2013 to 69% in 2014 up to a whopping 84% in 2015! As for Gross Profit, similarly to Sales, Acology has had meteoric growth. See graph below, and again please note that full year 2016 is for the current three quarters, an update will occur after the 10K in April.
Clearly $ACOL is on the right track, and could be one of those long term Buy & Hold stocks that will continue giving in the years to come. Below is a quick video the company presented showing their facilities and a summary of current business, enjoy!
Break .0073 BLUE SKY BREAKOUT!!! March to copper, then silver is on!
There's no delay, company never gave a date for an update. News will come.
The 10k is due 90 days after end of year. It's common for $ACOL to file a NT-10K, so the next fins we'll get will be end of March but most likely April 15th-ish.
Feel free to check all you want. I check it every now and then but since things haven't really changed for months, I'm not too worried. Neither am I worried about paying employees in stock, I'd rather that than cash.
No change, thanks!
ACOL Poised for Record Year!
Sales of the Medtainer have exploded in 2016! Sales from the first three quarters of '16 nearly equal the entire breakout year of 2015. By the end of the summer selling season, the company stated they had sold over 700,000 Medtainer units internationally and domestically, doubling the previous year’s sales. Partnerships with Kush Bottles and the recently announced Boveda Inc. partnership, position ACOL to accelerate sales growth in 2017. News is imminent on pending agreements with Health Canada, the national Canadian healthcare service. If secured, this agreement will adopt the Medtainer as the premier container for cannabis users throughout the country due to the packages child resistance, labeling and track-ability. Currently, 3 of the top 5 medical cannabis consumer companies in Canada use MedTainers exclusively for their customer bases.
The graph below shows historical sales results for Acology, and clearly shows quarter over quarter growth for the company. Notice the full year 2016 column is only through three quarters and positions the company for another record breaking year.
Other signs ACOL is poised for growth; distribution points have grown to over 1,700, nearly double the number from 12 months ago. Share structure has remained unchanged since April, with the directors of the company holding over 76% of the common stock. This fact virtually ensures that whatever decisions concerning share structure will be in shareholders’ best interest. Artists such as Fetty Wap, Mod Sun, and Dizzy Wright along with clothing and accessories retailers LRG, Crooks and Castles and Young & Reckless have entered into agreements with Acology to produce and sell custom MedTainers.
Of course, with all these great sales increase, partnerships, and agreements, we need to pay attention to how ACOL is handling margins and gross profit. Here again, the company has done a masterful job of increasing both gross profit and margin on their lead product the Medtainer. Margins have increased from 65% in 2013 to 69% in 2014 up to a whopping 84% in 2015! As for Gross Profit, similarly to Sales, Acology has had meteoric growth. See graph below, and again please note that full year 2016 is for the current three quarters, an update will occur after the 10K in April.
Clearly $ACOL is on the right track, and could be one of those long term Buy & Hold stocks that will continue giving in the years to come. Below is a quick video the company presented showing their facilities and a summary of current business, enjoy!
Do you know who the major shareholders are, and how many shares they hold of ACOL? It's in the filings...nothing to worry about here, just let the business plan play out.
There's a reason there's a loading wall and all of a sudden talk of r/s....someone is loading before Canada news hits...think about it folks. Great time to buy!
$ACOL
Fear mongering to go along with the 8 mill loading wall I presume.
Agreed. Talk of a r/s when the company officers own so much of the a/s is absolutely stupid. Never gonna happen.
Retired or expired, I don't know. I think we would know if the company bought shares back....Good question for Marty.
Born check posts 33354 & 33357. Today's numbers:
AMMX
Authorized – 1,000,000,000
Issued/Outstanding – 753,415,879
Restricted – 504,847,441
$AMMX - Confirmed 1/4/17 Share structure remains unchanged since April '16, issued and outstanding have actually DECREASED in that time!
$ACOL Confirmed 1/4/17 - Share structure remains unchanged since April '16
"Prior to heading to Canada....." Yeah Boyyy!
No, restricted shares are considered part of the issued and outstanding. When restricted goes up, so does outstanding; but when restricted goes down, it does not impact outstanding.