Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Tell our alternative disputes resolution lawyer (not a joke) to try harder if he likes freedom. They have less than a week.
Thank you for selling. I'm accumulating. Weak hands will be sorry. JMO
it's opportunity in my opinion.
I'm betting they have growing facilities already....I think this is huge news. GLTA
AEGY will be going through massive transformation, merger, name change, financials, they will file with Canada once they have completed requirements for new company. JMO
All in time, AEGY is located in Florida and Florida is going medical green soon. I'm sure we are setting up the PJ logistics in Florida. GLTA
We had a great run yesterday, up over 60%. We ended up giving back 22% today. Let's see how our new extraordinary executive team handles their mess. GLTA
And we are trading. The SEC takes months to suspend, they thoroughly review any and all associations. IMO, we are on our way to a new mergered company with tons of potential.
We want other suppliers...this is a good thing.
yep..cheap cheap, still cheap.
PHOT is a cornerstone! Keep it and for your kids...the new little weedmart.
Soon to be..BIG (with a "B") Business here.
nah, not that easy, watching closely but they appear to be moving in right direction. They just need to do the right things.
I bet we hit pennyland today.
great buying opportunity right now. Accumulation buys coming in...nice 26% dip.
agree. I just emailed them to order a Monarch. I'll See what happens, don't live in California. But if PJ is legit, they should respond to a sales inquiry.
I like anything worldwide:
http://in.finance.yahoo.com/news/microsoft-hop-ink-patent-deal-211504161.html
SA- ARTICLE Keeping it real. I think.
Pharma Janes (currently known as Alternative Energy Partners, Inc.) "is engaged in providing support services for medical marijuana. The Company's Simple Prepay system was developed to offer dispensaries, collectives, and delivery services for medical cannabis. Combined with the PharmaJanes on-line and smart phone ordering platform, medical marijuana patients will be able to order, process and pay for their authorized needs. In May, 2013, the Company acquired the PharmaJanes. In May, 2013, it also acquired Simple Prepay merchant payment solution from iEquity Corp." -Reuters
The website that they're speaking of, and I posted, was launched just last week. It is still brand new, and in fact they had confirmations of their first customers receiving their orders today (2/11/14). finance.yahoo.com/news/pharmajanes-com-o....html
"We are looking forward to making steady progress in expanding our order and delivery areas and to expanding functionality and enhancing the consumer experience on the site" -Mario Barrera, CEO of AEGY. "Expansion of the service area into other parts of metropolitan Los Angeles and then into the rest of California will occur gradually over the next few weeks."
Not only is there going to be plenty of short term growth from customers across California (An estimated market of 553,684 MMJ patients in the state), but the company plans to expand across the nation as they develop.
Yes, AEGY already climbed roughly 60% from the hype of that news today, but in the long term scale this is still trading at pennies on the dollar. Actually, it's not even worth a penny yet. Closing at just $0.0093 today, picking up tens of thousands of these shares is something any investor can do.
Not only do I see AEGY climbing over the next few weeks from their service area expansion, but in the months and years to come. The weight of what happened today has not been fully realized. Today, they crossed the threshold from a "potential business" or "idea" to a real world company.
AEGY has never realized revenue (as they only acquired Pharma Janes last May), and there is obviously going to be enough of that to go around, on the next income statement. Very few of these MMJ stocks have an actual revenue, as most of them are in the R&D stages, scams in general, or have revenue from past non-marijuana involved business. AEGY is not only going to be one of the few, but by far one of the cheapest. Most of the companies that have promising futures are already trading well above a penny, closer to 10 cents or more.
AEGY is also fully reporting, an OTC QB, another luxury not always found in "pot stocks". On 1/16/2014, they had a "cease trade order" for Canadian investors. (biz.yahoo.com/e/140210/aegy8-k.html) This sounds like terrible news, until reading farther. AEGY was not reporting in Canada because they have no business there, no employees, acquisitions, etc. However: the Alberta Securities Commission, as well as the Securities Commissions of several other provinces, has adopted a rule to the effect that any U.S. listed public company subject to the obligation to file periodic reports with the U.S. Securities and Exchange Commission and whose shares are not listed on a recognized exchange in the US, or other listed jurisdictions (i.e., only those U.S. reporting companies whose shares trade on the OTC BB, the OTC Pink Sheets or on the OTC QB) is automatically a "reporting issue" in Alberta if any officer, director, or consultant of the company is a resident of Alberta, and therefore becomes subject to quarterly and annual reporting in Alberta. This action is taken in Alberta without notice to the U.S. company, such as Registrant, and, again as in the case of Registrant, a "cease trade order" is imposed without notice, hearing, due process or other opportunity to be heard or to contest the action. Registrant has been advised by U.S. securities counsel that this action is not enforceable in the U.S. against the Registrant; however, Canadian citizens who may have acquired shares of Registrant on the open market have advised the Registrant that they are now no longer able to trade Registrant's common stock.
Is this bad news? No, it's future growth. Not only was the entire cease order put in place because of misunderstanding (one of their former directors lived in Canada, but no longer works for AEGY. This is why Canada thought they needed to report), but they are trying to get cleared. When they do get cleared, they have the added potential from all Marijuana investors in Canada.
AEGY also currently has a DTC Chill for any TD Ameritrade clients. In other words, no TD Ameritrade users can currently trade AEGY. I am unsure why this was put into place, but as a Scottrade (and TD Ameritrade) user, I am simply using Scottrade. When (and if) this chill gets lifted, they gain the investor pool from TD Ameritrade marijuana investors.
Is buying at the current price a good idea? In my opinion yes. Just a few days ago it was trading well above a penny, on less exciting news than we received today and about the future. We have already been at a higher price than we are now, and the continuing news reports are only going to help pass that envelope.
Summary: While this company is small, volatile, and they have no past revenue, there is infinite room for growth in both short, medium, and long term. Over the next few weeks they will be expanding their business across California for their website (short term). They then plan to expand to other states accordingly. They still have to officially change their name to Pharma Janes, and get trading approval in Canada (that was taken away on a misunderstanding in the first place) as well as TD Ameritrade clients. These are obstacles that will all boost share prices dramatically when hurdled (mid-term). This website they have created is the exact same idea as the illegal Silk Road marketplace that was recently eliminated, only with Marijuana/products only and it operates completely within the law. The Silk Road was boasting $22 million in annual sales, with $2 million in commissions for the owners. Are we looking at a replacement to the Silk Road? Not at all, but we are looking at the future Amazon of Marijuana in my humble opinion.
Disclosure: I am long AEGY.
CNBC- Did anyone take notice of the grow operations there in Colorado? They all looked hamscram... The FITX Super Grow Complex will make them all look like street popcorn vendors. The FITX operation will be an efficient/sterile environment that will produce the best/most consistent medical MJ. What is that worth? In the medical prescription setting it means BIG $$$.
PHOT and FIT# will jv again to begin USA Super Grow facility in Colorado or Washington. Mark it! The Time is NOW for both to go LARGE! MO
I think Bill is also looking to build complex in states. Bill wants to be the KING of medical MJ. I am sure he is exploring Colorado and Washington for his next FITX Complex...just my opinion. He dreams big..so go BIG.
Afghanistan...Afghan Kush formula, best strain for medical. haha
Bill knows how the sell..no bet here. The FITX Super Grow Complex will be state of the art. FITX IS A PHARMACEUTICAL COMPANY that will produce the MOST prescribed medication on the planet. Longs will be rewarded when we are producing TOP QUALITY MEDICAL BUD for Canada and Europe :)) . In the NOT so distant future.
Can't see the forest through the trees.
what is going on after hours? Must be out of sequence settlements.
agree, and we own a "Super Grower" in the making.
Open house was nothing more than to show investors the current buildings and future complex plans. Bottom line, we have a Billion dollar company with a current market cap of $50M. Pick a spot to jump in and forget about it. I see Bill's mission clearly. Remember, it takes money to make money. About the Health Canada approval, as i mentioned before, as long as Bill provides HC what they ask for, and he will, it's a done deal. GLTA
Progress is what we needed to see and we are seeing that today with the additional zips. Expansion is obviously going well in PJ. Once the initial expansion is complete it should be much easier to roll out other zips, counties, states...etc. GLTA
zip code by zip code...now that is growth! GLTA
Houston, we have lift off...to da moon.
Doesn't matter you are here now and this is the ground..the market cap is $1.5m..:) We have Walmart letter to all walmarts telling them it's ok to stock it. And we have Big "O" endorsement and JLo drinking it. No brainer!
oh yeah...with Walmart expansion, this is a GEM!
My wife was using her Ipad last night and the basket would not work so sounds like she had the same problem. I order on my computer this morning and the order went through fine. DEWM needs to fix that bug though, lots of folks now use Ipads. I'm hoping this drink will allow my wife to get off her sleeping medication. Will let everyone know how it goes. Yes shipping was $16.00 :( $16 is small investment since I have thousands of shares.
Correcting post...I place an order this morning and it went through. 1 case or yella.
The license is in the Bag. I am very familiar with federal government licensing requirements (in USA). As long as you provide the documentation as required, government CANNOT refuse you. This is Canada and they need growers bad, they can't wait to get this facility up and growing. Go FITX
Let's all stop and say thank you! Thank you to Bill for working hard doing deals and being a great "Gitter Done" CEO. Thanks Bill!
Bill will make us all serious money. MO
Great info.. Everyone needs to start posting pic in their area, and ask clerk questions. I was in my van pool about three months ago and one of the riders was talking about Lean motion potion.. Its going to be huge!