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anyone still own their FULL position from below a penny?
I do not.
me either.
Capt,
Send me your contact info via private message.
did osprey and canada crawl back into their hole?
MARKED!
causing panic doesn't help.
healthy action
stock acting very similar to ydays action.
starting making new highs around 12noon, as all the short termers ran out of supply. Expect the same today, seems many have moved out of the name and are very unhappy with their decisioin to exit the stock before the move really started and are now taking to bashing the name.
can anyone say 'sour grapes'
10,777,512 930-1030.
eclipsing yesterdays volume.
Gents, she goes higher.
anyone have volume from yday at 1030am?
anyone have volume from yday at 1030am?
u done selling?
BOTH.
did it matter if u owned anhueser busch or coors in the 1930's?
no, they both grew massively!!!
stock traded 10k at .035 pre-open.
hmmmmmm.
LINK PLEASE!
what's your read-thru?
Social Velocity Alert for MediSwipe Inc (MWIP)
i have never seen this alert, seems like chatter is picking up on the name...........
suspended for growing too fast?
GREAT DAY!!!
GREAT DAY!!!
up to 7, and hiring.
Also, they had 'sales' folks that were sub-contractors, ie derived a commission when they made a sale, but were not 'official employees' of the company. Popular model these days as zero carry costs, and only pay on earned revenue.
Also, you are only viewing the Mediswipe full time employees, all of the other companies, 800Commerce, My800Doctor, all have their own staffs.
Listen, great questions, but bottom-line, stock is growing revenues, and has a sub $10mln market cap, while other MMJ companies with lesser growth profiles have market caps in the $40-70mln range, with MedBox north of $1Bln!
Hence the move higher. I repeat, buyers are HIGHER!
IMO = IN MY OPINION
srry, no private messages available.
ALL MY POSTS are ONLY
1. MY OPINION
2. NOT a RECOMMENDATION!
My point being, and ONLY my opinion, is that tmrw would be a great day for a headline!
Keep up the NEW interest in the name!
TMRW am DIVY annc
Gents, B Michael Friedman, tmrw am would be ideal time to ann'c the divy record date, imo.
Any news?
Happy New Year Gents!
Any Ladies on this board?
Just a lil' patience.............
yeah.......eeeeeeaaaaaahhhhhh!
Reminds me of a great song,
anyone name that artist.......
I been walking the streets at night..........????
whats 'on watch'?
Extremely Accurate.......
Further's my earlier point regarding what happens when Tobacco/Beer/Distillers want into the Industry, along with larger type investors.
There is no choice but to take out or bid up these names. Infrastructures are in place, plus it is literally pennies for Big Corporates to swallow up smaller established players than 'compete' on the ground and 'take' share. Traditionally, this always happens the exact same way.........buy into existing established 'fringe' businesses in developing industries and then expand them 1. nationally and then 2. globally. It is not worth the learning curve to build from scratch, especially in MMJ's case, with the natural distrust and dislike of big Gov't and big Corp America. Maintain the 'local' flavor just with a larger parent company.
Again, folks, just think about prohibition, the cash that was involved, and how much money was made in the early years after it was appealed. Literally fortunes were made. Generational type money, can you say Massachusettes Family with a Prez and numerous Senators...............
To be honest, I am shocked its not 3c bid yet.
Happy New Year to All!
And as always, my opinion ONLY, not a recommendation!
Ty, however shud be $80mln....
I said a 10x multiple on 400,000 * 20 = 8mln. $8mln * 10 = $80mln
$80 mln mkt cap just on the app business, it hasnt even hit $10mln yet!!!
Stock has plenty of room to run. Friedman's phone must be ringing off the hook from potential investors!
There is a huge positive for us current shareholders, there is NO easy way to invest in this group. If you want to deploy $1mln towards MWIP, thats 50,000,000 mln shares at an average price of 2c. You might be able to buy 20mln shares with a 2c average, then it goes to 3-4c quickly. You just cant get any kind of real exposure for a private equity or institutional type investor.
That means real buyers are HIGHER!!!
$35-50 Billion Dollar a Year Industry is funny???
Dude, do u have a clue???
There are estimates out there that run as high as $100 Billion a year in gross sales!!!
Which, btw, is approx the value of beer sales in the USA in 2011, total alcohol revenues in 2011 was $393 Billion.
And it is still illegal in most states!
Of course these are penny stocks. That does not take away from the potential for some of these names to be hundreds of millions if not billions in market cap in the future. Shit, MDBX already hit that level once.
Um, can u say 'need for tax revenue!' You think Washington isn't looking at any and all potential lines of revenue in 2013/14??? Of course they are, and so are the States.
Dude, wake up, LOL, jokes on you. No one here is laughing. We all realize high risk/high reward characteristics of this budding sector. I can name at-least 12-15 gents who have been here w me for 2 years. We watched it drop to .001, down 90%+ plus on paper. U think we don't know about this name?
Let me ask u this: what valuation would you put on a stock that is releasing a smartphone app that will start 2013 with zero users and will end the year with 400,000 paying $20 each per year?
How about a company where that is only 1 line of revenue, and then have at least 3 more different lines of revenue which will all show substantial yoy growth???
I'd put a 10x multiple easy on the app portion alone, depending on how q1 2014 was looking. Thats $8mln on that piece alone. In the last press release, 800commerce did $75k in rev in two months, oct/nov. then u have the card business coming back as well.
We do not need any luck, or homeruns in 2013, we just need some baseline execution for this stock to enter the 15-20c range in the 3rd qtr 2013. That's quite the return from current levels, clearly NOT a laughing matter!
Buy, Buy, and Buy $$$
Going over fiscal cliff = Huge POSITIVE for MWIP!!!
MMJ sector and general legalization will get pushed through in every state as politicians' desire for tax revenue will trump their want to keep it off the table!
This is a huge positive that I was not factoring in to the equation. Need Freidman to capitalize on this break and follow through with news early next week!
Let's just take a look at the gaming sector, gambling, to view how this may transpire. It becomes, they are doing it, why do we want tax dollars flowing into that state? Only difference is the speed, or acceptance of MMj will be years vs decades for the gambling changes.
We need to consider can Freidman handle a multi-hundred million dollar corporation with 1,000 + employees?
Let's go, get hiring, this company is about to Launch!
Patience my son.
Growing a company takes years, not days.
Start looking for a new idea, read a book, due research.
It doesnt happen overnight, but overtime it will climb to levels you disnt know were possible.
Great commentary Gents!
GREAT POST!
here is a great summary of 'where we are'
http://seekingalpha.com/instablog/6227201-weed-entrepreneur/1398331-weed-stock-spotlight-mediswipe-inc
a few points to think about as you read......
1. majority of investors are barely even considering cannabis stocks, and most need to see revs uptick before they will even consider an investment, again, buyers higher on proof of revenue growth.
2. he highlights ~$5mln in ongoing N.O.Ls, or Net Operating Losses, which most view as a huge negative, HOWEVER, as a company turns from bleeding money to having positive EPS, these NOL's become a HUGE positive as dollar for dollar can be returned to the company, PRE-TAX, ie, the 1st $5mln in profits is NOT TAXED, so MWIP has a huge advantage for both fundraising and shareholder value once they turn the corner!
3. On the fundraising side, we are all well aware of the issues over the course of 2012, however, going forward, this is a much different arena as PE funds, and other investors look to gain access into this marketplace. The days of the 'financing at a major discount' are behind us, IMO.
4. And lastly, there are numerous revenue opportunities under the current MWIP umbrella, which will soon have two different stocks to watch.
5. Lastly, perhaps the author is unaware, but MWIP will have the app for digital medical records, $20 per user/per year. The potential for both of these names is simply astonishing.
Please keep in mind the market cap remains sub-$10 mln, $6.7mln at current price of .0151. We have recently seen other cannabis names appreciate up to the $35-50mln range as they gain investor awareness. Based on a $35mln market cap and 444mln shares outstanding gives MWIP a $.074 price target, if it was to have a similar move to other names in the space, on the low end AND $.112 on the high end of the range.
Just some food for thought as you celebrate Christmas with your Families!
Enjoy!
ty for the history lesson,
not sure about the other investors in this stock, but I read filings the day they come out.
why do u think the stock was at .003 and .002, cause of the financing.
Again, this is all 'old' news. Unfortunate for you that you just 'found out' about the filings and decided to read them now, however the current price is the current price for a reason, based on current news, expectations, and investors ability to hold shares vs trade shares.
You made money, you should be happy. However, as you walk away from this trade, and pull it up in 1 month, 6 months, 2 years, you will have learned a powerful lesson, and your commentary that it was 'overpriced' then, and is now 'more overpriced' will remain flawed.
I wish you luck, however, spending time reading filings is always time well spent, as they are released.
well u sold on 7 month old news.
not new.
so u should be short.
are u?
how many?
Great post!
The app will cost $20 per year, which the dispensary can choose to offer a 'store credit ' for the $20.
Its genius, re-ocurring revenue, begin with MM and expand out to general population.
So 40000 users, 250k users, 1mln users???
20 per, cost of app build out and cloud to store, less than 2mln per year.
Gents, its on!
Do u even know how a dividend works?