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Thanks JB. Just wanted to be certain the 5-day scenario isn't to just be assumed.
So just for clarification's sake, NASDAQ application was placed on hold until sp requirement is met. That requirement isn't just price itself, but holding that price for x amount of days. So if it's $2 for 90, then we could theoretically have another approx. 60 days to go. However, there's a possibility, based on DSNY, that NASDAQ can and will make an exception for $3 and above for a much shorter time frame. Possibly, again based on DSNY, for 5 days. Am I understanding this correctly? TIA!
Go mulch, go!
Just curious, is the 30-60 days just a SOP minimum time frame that can be given? If management told Chardan they expected MSA next week, can Chardan say that in their report or are there certain time frame reporting guidelines that have to be followed? Just thinking out loud, as waiting another month or two for MSA isn't terrible by any means, but it's certainly a buzz kill for the moment.
Welcome to the descent back to reality. Congrats to those who rode the hype and recognized when to get out. Let me know how those machines work out.
Wow such anger from a few of you especially in pm's. God forbid anyone have a slightly different opinion than you huh? Grow up kiddos.
Congrats. And thank you for your service.
Easy. Impatience and the need for instant gratification. These mj plays have brought in a lot of new investors. The pps is where it is right now on hype. If these vending machines/debit cards and whatever else takes off and drives real revenue, that's great. But it's a long ways off yet. After this initial hype, long term - companies may certainly do well with legalization and farm bill but that's the key, long term. Many newbies see touts yelling for 25, 50 cents, a dollar in the short term on nothing but hype. When it doesn't hit these prices, the impatient get frustrated and sell. These mj stocks can only go so far on hype, eventually revenue is what will drive pps, but it's long term and that's the only true way these should be promoted, as longs. If I'm wrong and by Friday it's 50 cents I invite everyone to hit me with "I told ya so" e-mails. GLTA.
Like most of you I've made a mint on this hype already. My point is it's short-lived. You've got to know when to hold em ....know when to walk away. If you believe this along with other mj plays are going to continue like this that's fine, do what you want. I don't. Just my opinion of course. Good luck.
Ya don't kid yourselves, these stocks are bought on hype and emotion, not fundamentals. This won''t ever see a dime let alone a dollar lol. You can believe the numbers staring you in the face, or the touts posting in bold and caps yelling about this heading to 50 cents. Your choice.
Get ready to hear tom petty. Freee falllin
Nope. People are buying the name. Al hype, no substance. Get ready for the tank.
See you all sub .10 after signing lol
Likewise! Nice charming office, love the old stone wall in front.
Clarence is a beautiful town, a lot of history. Just up the road is a great farmer's market and antique dealers, and almost right next door is Spaulding Lake where the shareholder meeting was held, multi-million $ homes in there. No ultra-modern super-offices here. I'm not sure what anyone would be expecting as an office building, or why we're even talking about this.
Still holding onto those $1 dreams fellas? Lol. Told ya you'd never see .34 again.
Reality hits even those with their heads in the clouds at some point. RSI is in orbit. Current SP and volume is based on pure hype and ticker name. Again, congrats to those who recognized it early and pulled great profit. Maybe ride some waves tomorrow but Friday she's done. GLTA
.28 close. Tomorrow HOD .33. Friday just before signing CRASH back to earth. Fun ride while it lasted eh kids.
you'll never see .34 again. Take what you can now.
Precisely. You can only ride a name for so long.
lol meanwhile, in reality land, look out below!
the run is over. congrats to those who knew when to fold em.
this will crash soon. you won't see .34 get out while you're ahead folks
Thar be two matey. MSA license and uplisting. However, betwixt those could always be distribution agreements and/or updates on X-22 phase 3 partnership, spectrum, brands A & B, or BAT. Hoist the sails bosun, thar's treasure to be had!
Aside from having to decipher each of your posts, you offer no productive criticism and no DD to back up-...whatever it is you're trying to say. We will hear any reasonable, logical, productive criticism here. But to simply continue to say there's too much risk is like constantly saying no one should ever play a sport because they risk injury. You're not going to change any minds here my man. If you believe downside risk is too high, by all means, don't buy any shares.
Well, this is a marathon, not a sprint. And the first major hurdle should soon be crossed with regards to MSA. The company has purposely delayed marketing and kept distribution low due to high costs of production of their premium brands without being part of the MSA. Sales of their premium brands will just be the tip of the iceberg as far as revenue generation is concerned. Orders of VLN cigs to the FDA are still being filled I believe to the tune of 5.5 million. XXII is currently working to partner with big pharm to fund phase III trials of X-22. Then of course there's BAT always on the table. If XXII continues to succeed with their business plan, $9/share within the next 12 months is not only attainable, but could prove to be a very conservative estimate. There's a lot of "if's" here for sure, but this company is as low risk, high reward as they come. Patience is a virtue.
EDIT: Looks like the 5.5 million additional research cigs have been delivered!
100% finalized MSA will be the barn burner.
Apparently XXII also needs to develop an ellipses overuse cessation product. Fred can participate in the first clinical trials.
It's the polar vortex delaying news, that's all. Is there such a thing as an equatorial vortex? I'd take one of those about now.
Some news before this gets close to $2.00 would be swell!
Do we still not see a DSNY-type scenario playing out for XXII with regards to reverse split?
Well at least RSI is back to mid-level. As per previous PR, Joe expected SP to take care of itself in the next 60 days due to "many catalysts on the horizon." I think we're all on the edge of our seats here!
I used the web inquiry form on the 'Contact Us' page to ask to be added to the PR distribution list. Got a reply directly from CEO rather promptly!
This has to correct at some point right? This steady climb over the past month has been amazing. Don't get me wrong I hope it continues, just cautiously optimistic.
If the shorts are bored, they can have it. The longs know what's up.
I see the biggest potential for this technology being for military use. Out in the field when you need devices to last a long time, and be able to recharge them with no 110 outlet around for miles, and be lighter....seems like a no-brainer. The average consumer generally has access to an outlet on a daily basis, and doesn't use their phone or device long enough to require such an immediate recharge. I could be wrong, but I definitely see the military or commercial use for this technology being much much stronger than consumer retail. Time will tell how the public/companies accept it.
Could be picking up more local investors. Article this morning on our Buffalo Business First site:
http://www.bizjournals.com/buffalo/blog/morning_roundup/2013/12/clarence-tobacco-co-aims-for-upgraded.html
Alright thanks, it seemed for a moment everyone was basing a PR expectation solely on that Dec 5 statement, where it seems to only be in regards to the full launch of the website. I understand the agoracom response mentioned they will release a PR at the appropriate time, just didn't mention in regards to what event(s). So if it's to promote the launch of the site and perhaps shed light on other developments, then yes it should be positive. I haven't quite jumped on this one yet as was expecting the dip....perhaps some buy the rumors sell the news taking place even though no official writeup just launch of the site, but for those like myself who missed the first entry point a month back, this might be the next best time. Cheers.
What is the PR that everyone is waiting for supposed to be regarding?
Thanks Hoppa, I don't know if it's the machine I'm on or what, but the Java charts never seem to load properly or it logs out almost instantly. Could be my office network too. Anyway thanks again, I didn't see that on this site initially.
RSI (Relative Strength Index). Was worried that after the climb it was approaching or at overbought status, but if we're looking at a launch and PR's soon then I'm not gonna worry about it. I'll be getting in this morning. Thanks!