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Kush is a good play. I'm watching MDCL for the same reasons. Volume days are few and far between, got to be ready.
Was just weird to see you jump the ship, thought you were going to be the one who found nothing but goodness in the emperors clothing. Welcome to the other side.
Haven't checked in for awhile, surprised you say this.
Are you joking or has reality set in?
Kept looking for those profits, Doc...couldn't find them anywhere in the filings.
Now those preferreds being exempt from a RS I could find!
As one of my favorite posters used to say, profits, profits, profits!
It's all there for you to see in the filings at sec.gov!
lol
Agreed, there are restrictions to the shares outstanding.
They are raising the A/S for these reasons
1) to cover 325mm for the Blum buyout
2) to cover the preferreds
3) S3 raise
All of those will hit the market at sometime, and the market will know this. Plan accordingly.
you know they can't convert any of the preferred's until the A/S is raised, right?
You telling me that isn't the main reason for an OTC stock to do a raise? It's all ultraistic with nothing but the retail in mind??
I am optimistic too, that they will correct that paragraph about the preferred being in the same condition as the commons.
The set up will be rosy then for the future.
This is also why the directors and management are clearing out their common positions, to only leave their preferred's intact and protected from the RS.
1 Billion A/S is coming first, so the insiders can account for the preferred's. Then the RS to the common shares, but not the preferred, so the need for the Billion A/S.
Smile while you take it
You guys are the best around town, for sure ;)
One should also consider the Blum deal gave a 34% control of the company to two holders....
Ripping the band-aid off is good, to bad a bunch of skin came off with it.
Keep em straight Doc.
It's lovely they kept in under a Billion shares, lol...R/S will fix that perception and your share of the pie.
I think all the recent insider selling is a precursor to the company filing a new S1 and dropping the dreaded A/S raise to cover the Blum deal. We will see if they raise it further to cover the future aquisitions that get spouted here. Get what you need sold before the material event...
Good to see the sector coming alive!
I think it's a smart move on her part. Unload a few thousand before the A/S increase causes a decrease. Profit taking at its finest!
Good day here today, up 15%
Higher highs and higher lows, chart looks ready to run.
Don't know what the intrinsic value will be WHEN BOTH legalize, but it makes me smile to contemplate it...
I hope she romps to .30, then .45, then .70 and gets to 1.10 so everyone on this board can drop the bag holder title for their investment.
I'm for this sector and all who dare enter. Good luck in your investment and good luck to those who don't invest.
I'm open to modifying that opinion, gotta be nimble in this sector.
Friday is coming, we shall see...
Yup, and if the Blum deal gets delayed again, as I think it will, .14's wouldn't be a stretch.
Yup, taking profits is not hard for me. See ya over there!
Thanks again for the profits TRTC, see ya at the gap...
Going to be a great week to be a GBLX shareholder.
Hello friends of GBLX.
The only American Pot Stock worth investing in, IMO. This company has everything going for it. Low float for quick trips to the MOON, no pump BS, multiple license's in Las Vegas, 30K sq/ft cultivation center coming on line this quarter, high power management and investors, MMJ and Technology play, legalization in Nevada coming in 3rd quarter, world wide partnerships and a CEO waiting to take the throne. What else do you need?
To make it a fair comparison, if you are going to use revenue from Blum and anything more than the one extractor in Oakland, you should add the correct share count for market cap valuation.
Even so, strictly compared to MC, looks like the value. Looking bigger picture with assets, we see why they garner their respactive valuations.
You are incorrect. The risk/reward ratio does not say now's the time to invest. Opposite is true, with the uncertainty of the Blum transaction(and the continued draw from Magna equity line((nice of them to delay the closing)) and the raising of the Authorized Share count(the dilution)risk out weighs reward at this time.
Maybe Magna can answer that....
and you're a close second
we have a winner....
_C, see my post from earlier today and then tell me we are on the same page. No more PM.
All you astute followers read the S1, right?
Yes, that regulation is not new. What is new is now you don't have to have a card before you arrive. Having approval on line, at least for Californians, from the back of the limousine opens up a large segement of visitors to the market that would otherwise not be able to get the product.
BlumLV would do well by sponsoring Gennuso's operation and EaseMD...
Figure you would enjoy the read on reciprocity:
http://lasvegassun.com/news/2016/feb/29/residents-or-tourists-who-are-nevadas-medical-mari/
Instant access!
DP is our industrious leader, it is his job to talk like a CEO of the greatest company in the sector. Uplisting, aquisistion and such are all recommended talking points.
No guesses here...I suppose we can ascertain the next candidate from Weedmaps and who bought a $hit load of product, but that's your heroes job, don't want to get in front of that train anymore...
OMG, your right! Who would of guessed that Blum was an aquisition candidate!! Not me...that took some great DD and personal diligence to come up with that one...I stand corrected.
No secret, Tryke has been espoused repeatedly, so no secret.
Regulation FD for material events is a silly rule...
Whoa dude, are you kidding? Do you think DP and Company are about to receive like $2million or something around the first of March??