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Low volume and low float right now. $ORGC had this same set up a about 2 months ago and it doubled in 3 days......back to $.04 is not unrealistic here based on history
Yes I've been loading for a long long time. Whoever keeps unloading shares under $.0030 I appreciate it because I'm slowly decreasing my cost average.
I have a feeling that MM will keep selling cheap shares but I'll keep buying them. I just don't see how these other companies are valued so much higher than us with no revenue or promising products.....makes no sense.
I'll hold my 18M shares for as long as I need to. No reason we shouldn't be at $.01 based on competitive OTC stocks
Holding on tight to my 17M shares
My average is $.0048 right now but today felt good. Don't expect much in the short term but a hard run before the end of year is highly likely in my opinion.
Our valuation is still 4-5x from where we should be (based on common fundamentals).
Good luck to all.
Thank you very very much for the thoughtful reply. I agree with every single thing you said and yes all OTC stocks are down lately, I expected a huge loss for now but I'm in for the long haul.
If I wasn't on my phone I would type a lot more info right now but I'm just curious if ppl know how big "brain games" are these days?
I have close friends who are familiar with the venture rounds at Lumosity and although they are private I've heard the valuation is well north of $250M right now. They did $25M in revenue 2 years ago, not sure what the numbers were last year but the point is this brain training is no joke and I believe it will continue to grow like crazy on mobile platforms.
Now if they take the next step and get into formal online education/mind training were talking huge potential. It's not going to happen overnight but I'm confident it is indeed going to happen within the next 5 years.
Just my opinion based on the info I've received
Down $25k in 3 weeks. My avg is $.0055
This company is valued at just over a million dollars. Most oversold stock out there right now. I'm here for the long haul but short term does not look good.
Anyone think there will be a summer turn around??
Long ERBB - but dont think I'll make any money until 2020 at this rate. The whole market is done for 2014. We will continue to see lower and lower prices. Its unfortunate but thats what happens when you deal with sketchy people (investors) and sketchy companies.
http://nationalreport.net/walmart-sell-marijuana-colorado-washington/
Walmart to sell marijuana? LOL
Tranzbyte needs to hire a bunch of sales reps to get their machines in the largest stores possible. Would Walmart even pay for the vending machine? Probably not, but hey its interesting how big the market could be
Pulling back yes but some are down 70% this month.....that's not a pullback that's a bloodbath
I sure hope it doesn't dip that low but ya never know these days. This sector got killed the whole month of April
If it goes below $.02 I'll buy the entire float but the way this sector has been trading I wouldn't be shocked if this dips below a penny.......
Sold out at $.0265 - going to buy back in at $.01 when we dip there next week. The whole industry is red and I would expect it to stay red until the end of the month. No buyers anywhere to be found.
Is this a long, long term play?? Because I can't see this stock moving past $.03 in the next year. There are hardly any buyers out there. I imagine the L2 quotes look quite ugly as usual right now
I've owned this stock for years now but this is by far the worst performing stock in my entire portfolio. Management needs to do something quickly because big time share holders are about to take their losses and move on.....if they haven't already
Based on all the nonsensical bullshit going on in the MMJ markets lately I wouldn't be surprised if we're back at $.03 by end of the week. Hell, I wouldn't be shocked if we go back to a $.01 soon.
Market makers pulling there bullshit as usual. April has been pathetic and I'm praying May is better because all this selling is forcing weak hands to sell even more. RED 4 days a week, sick of even looking at it.
Just picked up a few million shares at $.0030 - I have to be honest. I haven't paid much attention toe $AEGY but glad to be involved at these prices. Seems like most the MJ stocks are oversold the past week
I've been holding strong here for a long long time but what the hell is going on? We can't even get near $.03 ? No exposure, no awareness.
I would be shocked if we see $.05 this year at this rate, this is really getting pathetic. Company is great and probably one of the best OTC companies out there but it doesn't really matter when there is ZERO buying pressure........so sad
I've been holding here for a while. This is exciting, finally some momentum!
We have been under valued for a long time. Based on this share structure we should see $.02 in the short term. I wouldn't be suprised to see $.05. If you look around OTC world many companies without financials or a website (pathetic) are valued 20x higher than us!!! That is bound to change soon in my opinion
GREAT POST. Thank you for that info. Could not agree with you more!
Yea Texas boys!!!
Ver very interesting bidding going on today. Volume is up to almost 8M so that is a positive sign.
We need to get in touch with management and see what they're up to.
Glad to help out with DD the best I can here.
Has anyone heard of onesource?
It's a pretty reliable source that my company pays to use....you can look up company execs and revenues, etc.
I found LATF on there in Nov and realized their revenue was $2M. At the time the stock was at .0004.
I bought into it at .0004 and today the stock trades at .013 +
Same situation here. Onesource is telling me ORGC does $1.9M in revenue and I think that is a fair number (I had ppl look into it for me). $1.9M and their market cap is $150,000!!!!
Anyone who understands valuations knows that typically a company is valued at 2,3 or 4x revenue depending on industry/outlook.
Even if we were valued at HALF of our revenue that would put the stock at $.0315
Just something to think about.
Respectfully disagree with statement: Every single marijuana stock was down with the exception of 4 tickers.
ERBB will be back up to .10 in no time. Too many strong shareholders like myself. Just my opinion.
Sorry didn't see it posted here....
With only 288 followers can't expect too many updates
Company info as of March 26, 2014:
Contact Info
PO Box 6465
Carmel, CA 93921
Website: http://www.organicallianceinc.com
Phone: (386) 409-0200
Share Structure
Market Value: $337,60 a/o Mar 26, 2014
Shares Outstanding: 75,023,554 a/o Mar 20, 2014
Authorized Shares: 100,000,000 a/o Jun 26, 2012
Financials
Next reporting date --
EPS forecast (this quarter) --
Annual revenue (last year) $1.9M
Annual profit (last year) -$7.1M
Net profit margin -383.85%
Why do I have so much confidence in this stock? I can't really point to 1 specific reason but I feel if HEMP can be valued at $180M it wouldn't be unreasonable for us to be valued at $200M+. Right?
$100M valuation is nothing these days. Companies making hardly any revenue are being bought out for $2B, $5B, $18B and if GLCO actually gets solid products on their site and is able to capture a piece of that online market, I think speculators would have no problem putting a $400 or even $500M market cap on the company.
I will be very surprised if this stock isn't at $.15 by May. Awareness is still low. No marijuana index listing, not even 300 followers here on iHub (lol) , limited tweets and articles. The upside potential here is very clear.
Patience will pay off big here. Awareness is still low believe it or not so I think we see some gains over the next 3-6 months
Can't wait to see some financials after this quarter
LATF LONG AND STRONG
$15M in revenue and valuation is $20M ???
This stock will be $.05 before we know it. Mark my words
All shares are locked up $1.50 sounds like a good number to me.
No I'm dead serious. I hate sounding arrogant like that but I want people to know how much confidence I have in ERBB and how were not flipping this stock like we would with most.
This is a big time opportunity even at $.07
If management can deliver on their promises we longs will be all set.
How true that is! Longs are very loyal and patient here in my opinion. I'm up over 2,000% and have not thought about selling any shares because I think it's still too early.
I can sell my shares now and buy a Lambo or I can wait a little longer and buy a big lake house.......much rather have the lake house.
http://www.9wsearch.com/companies/latf
They were incorporated in Delaware like many OTC companies so I'm guessing that is the reason for the 302 number.
Auditor Info:
Latteno Food Corp
1524 Brookhollow Dr.
Santa Ana, CA 92705
United States
Map
Tel: 302-636-5400
Fax: 302-636-5454
www.latteno.com
Employees: 3
Company Type: Public Parent
Corporate Family: 3 Companies
Traded:
Over The Counter: LATF
Incorporation Date: 24-Aug-1994
Auditor: Fazzari Partners LLP
Credit Rating: C+ (76)
http://fazzaripartners.com/ -located in Ontario,Canada
Called this revenue a while ago based on the few legit sources I had. Audited or unaudited these are the numbers and they are no surprise to me and my group. We (the public) accept private companies revenue reports and never question the legitimacy......but when an OTC company does the same exact thing people start chirping away. These people are most likely full time bashers so their words don't mean anything to me.
I've been here since .0003. Bought more at .0005 and more at .001 and more at .002 and more at .004 and even more at .008.
Haven't sold a share yet because I know we're undervalued here. Regardless of the O/S and A/S we are undervalued. It bothers me when ppl say "too many shares outstanding" when all the other marijuana stocks have billions of shares out there too.
If we do it right we will prosper in CO. That is the bet you're willing to make when you invest here. I bet we do it and I'm willing to lose it all.
SCARED MONEY DONT MAKE MONEY
What dip?? Hardly anyone was selling! I put in about 10 bid and 2 got filled the entire day. I love the share structure here and I love the fact that this company actually makes REVENUE.
The chart alone makes this a good buy. I am very excited to see what happens here. I don't bash and I don't pump.....BUT I DO BELIEVE.
Couldn't get my order filled*** for 200K shares.....the ask spread is insane right now
Yea I couldn't even get my billed for 200k shares.....HUGE dumping??? What the F are you talking about
Just put in an order for 20M shares at .0005 - who wants to unload them? There isn't enough shares for sale right now......I'll buy up as much as I can!!!
No one is getting my shares under $.20
The SS and float here is great relative to the other MMJ stocks you would have to be silly to sell anytime soon.
Might be a good idea to see results of Hemplife.com revenues too......could be very impressive.
Good luck fellow longs!
$LATF heading back when revenues are released - hopefully next week but who knows. March will be a solid month overall IMHO