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Getting the PURA divy's issued will be a major accomplishment. Also lots of other stuff going on for them. ALYI deal hopefully completed by eom. Which should lead to another Divy. Plus they claim they are working on another deal to announce. Their EVERx products are to be launched around SB 50 which should help on direct revenue. They get what they say they will get done, then no reason IMO the Market Value don't go to 10-15 mil.
Who cares where they operate if they get things done.
***NEWS**** There's enough shares people want rid of this will be at .0001 a while...
Retirement without bankruptcy? The only people that get hung out to dry is the holders. (which will mainly be the people who lent out $ to begin with) as no1 wants this crap...
As of November 14, 2016, there were 1,219,605,989 shares outstanding of the registrant’s common stock.
He gave 415 million of those shares away to cover the convertibles in the last period/quarter. I don't imagine this next period/quarter will be much better. Most all the OS out there for this crackpot has been issued due to debt.
Everyone who's buying his stocks is buying the shares from places he owed money to and doesn't want the shares either.
Awesome news!
There's not enough AS for them to continue to do that though. The shares issued this period will either be minimal or will have the majority of OS active. There's not even 3 billion more left for them to issue...
That's what would be scary about any RS here is a PR where they raise the AS again. If they did that the pps would instantly begin to fall.
But if they did a RS didn't raise the AS and got some of the stuff done they say they will get done this could be a gold mine
So are you referring to the shares issued?
How so? I've been unable to find any inside option activity. The AS has not gone up monthly. Most the convertible debts are not new and have been getting paid down. Just curious as to your logic as to how they are diluting a billion shares a month?
I think the biggest struggle rn in getting the pps up is they need to act on the news they are giving. Also although most holders would hate it IMO a RS would not be bad for this company. No way they can get pps anywhere close to $1 per share with # of OS
Running out of places to borrow operating capital. The # of shares handed out in convertible debts is ridiculous. IMO this is a sinking ship. Way it seems to work is OS issued no progress pps drops RS more AS repeat...
I agree. I bought 300k more shares yesterday, and will probably load up on more until it begins its climb. Holding it long I would not be opposed to some form of RS to get the pps up and OS down. If it did 1000-1 would instantly take it above current pps of PURA and may attract more investors since there would be a lot less OS. Getting the divy with PURA done, opening up an Americana cafe in CO and or in CA along with finalizing a deal with ALYI finalized, or some other contract for their resteraunt interest could get this really rolling upwards. Plus some on the board say they have nothing yet which is not entirely true as they are continuing their city blend cafes which have been functioning successfully as is. IMO green days ahead as long as usmj keeps putting in work towards progression. May be seemingly going slow at the moment. But lots to look forward to imo.
Speculation. IMO Trump & his team won't give much support to the industry or sector. But I don't think they will work to stop it.
A person can kick a dead horse as much as they want but it still is not going anywhere. Flatline...
I'll throw a little more $ to this game & soak up some more cheap shares. If the PURA Divy gets done, and a deal with ALYI gets done, USMJ is going to explode and everyone who let go will be stuck kicking themselves.
It's not my bad. It says that USMJ is in the article on the google search... PVD is doing the same form of things URA will be doing though...
If that's the case, then a lot of investors (who are eatting up these shares) must believe that eventually something will bump this up. If there was no faith from the investors in that, then they'd be cutting their losses not averaging down. Averaging down only makes sense if you feel it will eventually make a move ahead at some point. I'm holding long so hope those Avg down are right. I think if the Divy gets done, and another major news alert hits, this stock could be launching upwards quick. With the # of AS and the volume the way it's been, if good things happen there will be enough holding that this stock wont have no where to go but up.
I don't think the shorts will be able to keep this down long. Its going to bite them in the rear end like a rabid dog eventually. The quarterly shows the majority of the shares are already out and that was a/o sept 30th. Once all the shares are soaked up and people who are scared about a loss off their shares to people who will hold, This stock is going to be reaching for the sky...IMO
Out-standing debt is nothing in the industry they are in. Wouldn't take much to make this company extremely profitable. In the quarterly it shows a large majority of the shares are accounted for and is based off information that is a few months old. Enough holders have faith that this stock could make moves keeping it steady, and a shorts nightmare. If the Divy gets done and goes good along with another deal or two made by Rash this thing could get moving into the green days. IMO
Unconventional yes. But that's what the PR said. OTC's not always conventional. Just have to wait and see...
USMJ is not PWRM. IMO these kind of stocks are a gamble. Nothing is guaranteed in the OTC. But I'm in this dice game and have faith Rash is going to make this roll work =) His bio is in the description above and has plenty of upside not just failures. If it turns out this is a loss, then oh well. Only an idiot would bet their house on an OTC stock...
Hopefully the quarterly gets put out tomorrow like it's suppose to, and has more details...
The only positive news given by this guy will just be more efforts to suck more cash from investors. The value of this stock has never done anything but go south since day 1.
He has to make money off the investors. He certainly isn't making any off his products...
IMO any form of squeeze would heavily rely upon the # of floats left. The quarterly report should be an interesting read. But I would think supply and demand would play a huge factor into any form of squeeze. If theres roughly 2 billion unaccounted for shares at market, I would think getting a squeeze from that may prove to be difficult.
Also IMO the sentiment of the holders is a determining issue as well. If many of the shares are being offed as shorts (driving pps down) or even just for minimal gains(when there's any form of climb in the pps. Imo this sort of activity would delay accounting for all the floats.) If theres a ton of people content on making 25% buying at .0003 or .0004 and turning them instantly for .0004 or .0005 and the float is not being absorbed I feel it could take a while to get enough shares into peoples hands who would hold long which could be delaying any major increase in the pps?
It's been 100% sideways since I got in. I'm going long n holding my breath to see what happens...
So what would happen with them??? Don't see how they could completely deny people of a dividend without some form of legal ramification...
Great news. The amount of revenue this could generate for this company could be amazing. IMO this sort of news will help keep investors coming and the business expanding.
Totally agree. Buying this would be the most ridiculous impulsive buy someone could make...
People would have to be high on a lot of marijuana to have any faith that this guy would ever do anything to really operate a profitable company or benefit the average investor... IMO. I'd never go long on this guy. Imo if people who own this can get out even or with any form of profit they are lucky.
History of this stock has got to be one of the worst on the OTC board. I bought a few hundred thousand shares a few years ago and after multiple RS I'm down to 25 shares. It would cost me more in brokerage fees to off this than I would ever make. This stock is a complete scam and has never done anything but make $ for shorts and suck investors dry who actually own shares dry since day 1...
This is a complete pump n dump stock... Berge last bought 254,000 shares in 2012 and with all his R/S he probably owns less than 100 now. Probably pays himself by offing shares he issues himself during prime pumps then leaves the investors with the crap dump. This is a stock I would never recommend anyone ever going long on.
How is this still allowed to be traded?
With this short report, http://otcshortreport.com/index.php?index=USMJ , it appears as though only a % of the short sells are being covered leaving the shorts stuck on millions or possibly billions of shares. The exact # of shares shorts are currently stuck on is really unknown.
If this report is even close to accurate though Shorts have picked up roughly 700 mil shares the last 3 days and only actually shorted close to 100 mil??? This would Imo majorly effect the short interest of 161,802 (reported on Oct 15th)
I'm sure the shorts would love for this to tank a bit more to make more $. But it seems to have quite a bit of support between the .0003 to .0005 range that they did not count on.
If the Shorts can keep the price steady or drive it down before the 2 billion floats run out, I would think that the shorts would not get burned to bad and if they could get the pps down they would be ok. If not the holders could control the market and possibly make the pps run through the roof. Time will tell!
So will the quarterly report that's suppose to be released Saturday drive the pps through the roof?
Wont get the squeeze until theres more holding. Still plenty of floating shares, and with those and the potential to continually short for 25% gain from .0004 to .0005 going to take some time to off the floats n get the shares into holder hands instead of ppl shorting it...
Plenty of Volume if more people were holding instead of shorting the pps would eventually have to get bumped up