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Hahaha. Shorts are taking the high hard one again today. Lol
Scoreboard
Vinnie 97
Shorts 8
Wow... Entrepreneur Magazine must be in on the scam as Medbox was listed as one of the "100 Brilliant Companies of 2014" in the issue on newsstands now.
Way to go MDBX... Well done!
Great find. A typo in an unrelated company's public disclosures. Not sure what "Vinny" has to do with that but, ok!! Lol
Good job MDBX. Amidst all the suspensions you took a stinky pinky and did exactly what you said you would.... Enter the big leagues... Good show. It's clear you will be the last stock standing! Careful, the SEC and FINRA are watching! Oh wait, you guys subjected yourselves to that level of scrutiny voluntarily to give investors the most updated information available. ;)
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541842876#.U3bpWYm9LCQ
Brilliant. The hit piece author's source signs a notarized document that everything in the story is bogus. I give it 5 days before Boyd is sued and the story is taken down. Reeks of desperation. Hilarious!
Asked and answered for the public to see here:
http://www.thedispensingsolution.com/investors
Here is Medbox's response to Zazzz.
http://finance.yahoo.com/news/medbox-supports-ban-marijuana-vending-202500166.html
Yah, the founder is a dummy that landed two of the biggest names ever to cross over to the MMJ industry in Siegel and Lowe. An Ambassador and a tech pioneer. Impre$$ive... No matter how this stock performs, the reality is that Medbox proved themselves to be a force in this new industry.
I can care less about this stock... The company is priceless.
Why not? I mean this company is clearly so dirty that the SEC is taking their time in halting this one as well. Makes perfect sense.
Huh?!?
Interesting! So you read the press release today that they have setup a real estate subsidiary dealing with buying properties and you see a disclosure in an SEC filing that the company made $x "on a location resale" and somehow you think that's "selling a dispensary". That's a real stretch... But that's definitely the M.O. And it has been so why stop now.
In fact, all the DD is filled with factual inaccuracies and half-baked theories.
Sure. I don't understand at all. You claim the company's stock "nose-dived" from $95 earlier this year. Show us one chart that this company's stock was ever trading at above $75 at any point in 2014 as you claim.
So I guess all the hundreds of private placement shareholders in the company were "all Vinny's friends". That is pretty laughable. That scummy founder must have a lot of accredited investor friends! By the way, those are the same schlubs that were called morons and idiots for buying restricted shares in this "train-wreck" of a company. Guess they were the smart ones... :)
Then again the claims of tons of retail investors losing their shirts in this stock is equally a joke. If an investor is cautioned by the company through a press release in November 2012 about the stocks volatility and unjustified valuation at $215 per share and the stock goes down to $20 pps the following day, then spikes again in December of 2012 to $100, then over the course of 2013 where it hit highs of $98 and lows of $10 and then again up to $74 in 2014, there were plenty of opportunities for "the grandpas and grandmas" to exit the bus if the ride was too turbulent for them. Then of course there was that 100% restricted dividend that all holders as of December 18th had under their trees just in time for xmas. So, investors had plenty of opportunities to make an exit out of this stock and still have their 100% dividend set to mature Feb 2015.
I haven't heard one shareholder voice any concern or aggravation as to this stocks performance. There was one here but that person did a 180 degree turn and highlighted their post for all to see. All I hear is non-shareholders saying they would be aggrieved had they been shareholders and their sentiment towards the imaginary grand parents out there that lost money here. Lol
Different conversation. Comparing retail traders hoping to catch the next uptick and a company's private placement investors is no comparison at all.
Then again, the logic being used is flawed in that the company itself issued an advisory many months ago cautioning investors as to the volatility of its own stock. Then the company became an SEC filer to demonstrate additional transparency to all its shareholders. Thus, the comment mischaracterizes the entire situation completely.
In fact, the conversation started when the founder was criticized and I simply pointed out that he has been an absolute winner for private placement investors in this company since the company was founded. If we are calling this an investor chat room for this company let's call it like it is. The company has done well for its investors. People losing money in the public markets understand the risks. Statements as to insiders unloading shares is not in accordance with the pps here that is trading at amazing levels post 100% dividend.
Period... The end. Nothing I just stated can be refuted.
So are you denying that the scummy founder made hundreds of people millions of dollars that bought shares from the company he founded. These are people that directly had dealings with him as per the company's testimonials on their website found here: http://www.thedispensingsolution.com/cat/testimonials
And also the highlighted posts here as well.
This is the company's investor message board. The point is celebrating the fact that this company has made investors millions of dollars over the last year.
Unless of course you don't like when company's actually make their investors money??
Prehistoric because the alleged issues were publicly disclosed a long time ago and stemmed from incidents predating the founding of the company being discussed here. In fact, the guy publicly addressed those concerns in the following press release.
http://m.prnewswire.com/news-releases/target-of-la-criminal-investigation-has-13-felony-counts-dismissed-and-walks-away-vindicated-217377731.html
#hatersgonnahate
Great prehistoric DD!!... Meanwhile the founder has made hundreds of people that invested in his idea millions of dollars. This is an investment site right? Seems like the focus should be on his performance for shareholders that had direct dealings with him and not for things related to way before he founded the company in 2010.
Congrats to MDBX for no longer being on the pinks!
Yes, people are waiting for the self service weed ATM machine. People can use Bitcoin and other forms of imaginary currency. You can even use something called a "yo-debit" card! Yah, transbyte bites. Lol. Next one to get halted IMO.
Zzzyzyxxxxxxx machine. Were they on drugs when they came up with that machine's name?
"Please tell us how you know they weren't sold in public markets"
Common sense tell us that if there was that much of a reduction in the founder's personal shares then obviously the sales occurred privately for 2 reasons:
1) Left and other shorters would have had a field day with exposing public market founder sales much like they did Bedrick's sales. The reason Left didn't go there was because there was nothing to hang his hat on for the Founder's sales. Looks like Vinny the "Con-Artist" was very respectful of the public markets.
2) brokers don't allow affiliate sales of more than 1% of the issued and outstanding every 90 days. The I/O for this stock is 30 million which means 300,000 shares not 1.3 million decrease that was reported in the Form 3's. Brokers are required to file 144s for all affiliate share sales. Nothing of the sort for Vinny "da Boxjobbin sociopath"... That apparently needs lessons on how to run a proper stock scam as his fully reporting shenanigans have him ranked as one of the dumbest criminals of all time. I mean it's not like the stock hit $200 once and $90 3 times in a 1 year stretch while the company was a pink non-reporter.
As for him "apparently doing well". Isn't that obvious?
Re: founder sales... Private transfers are not subject to the 1% max per quarter for affiliates. In fact, those sales need not be reported for non filers. Looks like he did well on private sales and those shares are restricted for a year anyway to whomever he transferred them to. One last Hoorah prior to going fully reporting?? Maybe
In fact, kudos to him for not selling in the public markets and hurting the price and having to field criticism from idiots like Left.
Go Founder!! You made hundreds of people millions and you deserve it!!!
Yes, let's all pretend this company's stock isn't trading post 100% dividend at levels higher than when the dividend was announced back in December 2013.
What an amazing story. Go MfrauDBX!!! Lol
I'll be 100% clear for the slow among us... The guy you are putting down as a "sociopath" and "sleaze-ball" has made every single person that believed in his idea from 4 years ago until this time last year, and bought restricted shares from his company, millions upon millions of dollars. We are talking hundreds of investors and life changing reversals of financial fortune. Vince did that so pay your respects. Any allegations of "shill" companies and unloading shares is unfounded. The stock has kept its value amidst tons of shares entering the float and under immense short pressure on the stock ... No better proof than that.
Peace... See ya ;)
Wrong again... The company was quite clear multiple times in their registration statements and financial footnotes that any revenue lost in 2012 found its way into 2013 as the company adopted alternate revenue recognition protocols. Moving revenue from one year to the next during audits and more stringent accounting procedures is actually quite common.
Duh!
This litany of alleged "smoking guns" have been asked and answered before. False and misleading headlines that are linked to other IHUB posts don't mean anything to anyone. Saying that the company CEO dumps shares into the market based on a few hundred thousand in earnings is beyond ridiculous. The fact the company had the balls to make sure their numbers are spot on is actually the important point here. Seeing as that they undoubtedly capitalized expenses all throughout 2013 for the money raising activities covered in the S-1 then subsequently pulling the S-1 could have caused the variations in numbers that ended up happening. A fact that the company wouldn't have had knowledge of in November as it hadn't happened yet since they pulled the S-1 in December. Every change in the company's direction impacts financials that could have been correct when they were reported initially. Regardless of my lay analysis being right or wrong, the reality is that no one is buying or not buying this stock based on a few hundred thousand in earnings for the year or not. Long term performance is what people are looking for.
"Securities Fraud" lol. This place is hilarious. So apparently every time a company has a high share price there has to be securities fraud at play. The founder's past transgressions which don't involve securities at all are actually an indication that this company is less likely to be involved in nefarious activities. The client and shareholder testimonials speak volumes too. Then of course they were successful in attracting the biggest name to venture into the marijuana sector to date in grabbing Mitch Lowe. Bottom line, stock may be overvalued but the company itself has value. A fact that no one can dispute with one-liners of "the end is near" and "scam company...." and now "securities fraud by the CEO". What a load of malarkey.
Oh, you must be referring to 8 years ago when he was the non-attorney manager for an attorney that abruptly retired and left clients without representation. Then Vinny came to the rescue and paid $450k to those clients to satisfy the attorneys indebtedness to those clients (all public records and actually disclosed in the company's registration statement). After that office closed Vinny went on to declare BK (meaning he had no money) and thereafter built a multi-million dollar brand and now donates on a regular basis to worthwhile causes. Seems like he does more good before breakfast than most people do in a year.
Then again, there are all those investors he's made millions for and changed their financial futures forever. Mortgages paid off, student loans able to be paid, college funds being able to be funded. He did all that.... All you have to do is read some of the highlighted posts here, read the testimonials on the website, then read the company's disclosures where seemingly hundreds of accredited investors bought directly from the company at a discount and made many times their investment a year later. This, all while the market has held up to any and all selling pressure and a dividend issuance to boot.
I believe in Medbox because they have proven themselves to anybody truly studying the company.
Wow... Looks like that scummy founder is up to no good again. I hope someone locks that guy up for good! Lol
http://finance.yahoo.com/news/medbox-founder-partners-asa-funds-130000756.html
Bottom line... The guy who was VP of business development for Netflix during the time the company started its subscription service and then left that company to be President of Redbox has joined the Medbox board. Say what you want, but however you slice it it's impressive.
Well, he must have been quoted from jail or something. How he managed to get the co-founder of Netflix and ex-President of Redbox to sit on his board, all from jail mind you, is quite impressive. Lol
http://finance.yahoo.com/news/medbox-appoints-mitch-lowe-board-165500545.html
Co- conspirators in ensuring marijuana is tracked, stored, and regulated. Sounds like a dynamite case! Say, the company has been in operation for 4+ years selling this equipment. You think the Feds are going to make their move in 2020 or what? Lol
#Ridiculousness
It's awesome that the company doubled its shares by rewarding the common shareholder and the stock is still trading at an incredible PPS. Truly amazing!
I doubt Left will ever be invited on CNBC again after today's release by Vinny. On the other hand, Bruce was on Fox Business today and they didn't even bring up Left anymore... Looks like the gang at Medbox have already weathered the storm. LOL
No one cares about Left anyway. No talent hack that got taken to the cleaners by his ex-wife and now is forced to bash companies to pay alimony. LMAO
http://abovethelaw.com/tag/andrew-left/
Why not follow the links in the press release? The evidence is all there. Left is a retard.
Sour grapes. It all comes off looking like jealousy the louder the alarm is sounded. Meanwhile the guy has been extremely transparent and has stood up to the criticism. All while getting a corporate action through FINRA and filing to go fully reporting through the SEC. It's refreshing.
Oh, by the way, I must be Vinny. Lol
#getaclue
Nice Medbox write up in LA business journal. This public stories get archived and are unavailable to non subscribers after a week.
http://www.labusinessjournal.com/news/2014/feb/14/medbox-shares-jump-us-banking-ruling/
New short data out... Verdict, they are getting crushed... Again!
http://www.otcmarkets.com/stock/MDBX/short-sales
Lol. Your opinions aren't supported by facts:
http://www.thedispensingsolution.com/cat/testimonials
The class action suit is getting filed against this company the same day Limbaugh sprouts wings and orbits the earth. The way I look it at, MDBX is way ahead on shareholder credit.... Way ahead.
"Partners"? ... LOL. So I guess every time Apple sells another company their products they are partnering with them. That's hilarious. They signed a consulting agreement with that company.
Actually, I think most people understood what I said. While the short interest was reported at January 15 at about 145,000 shares, given the volume and price spike during the preceding 2 weeks, it could be reasonably assumed that the short interest was closer to 500,000 shares at its peak during that 2 week stretch and the majority were squeezed out of their positions leaving 145,000 at Jan 15.
New short interest data out... Verdict: major short squeeze occurred from December 31-Jan 15 when the price fluctuated from $14 to $73. Short interest increased almost 400% during that time.
http://www.otcmarkets.com/stock/MDBX/short-sales
Looks like little Timmy was robbed of his college tuition on daddy's short play. Lol