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I would be happy if they would have diluted to repay some of the debt that's due in December.
Any news around that or refinancing will push this stock 4-5X from these levels.
Do you know of much of dilution is done. If people are accumulating means company must be diluting to pay off the convertible debt.
Do you know how much is left so far. I believe in a month it could have paid of 0.5-1 mil.
holding this stock is test of your patience, knowing how all other stocks have been performing.
i don't blame if someone just dumps all of their holdings to ride another horse.
finally the goal is to reach your targeted finish line
CNAB is going to follow CBD#..., $8 not far
Please check CBD#, CGR# , NEW# etc.
I think those have mcaps from half a mil to 1.5 bil without any revenues and on fluff PR's.
TRTC has the best chance of going to $5+ with 6 dispensaries (4 NV + 2 CA) and EG, IVXX etc. and more than 30 mil in 2016, 75 mil in 2017
even if OS is 500 mil as of Nov 1st, the chances of them going to 2 bil mcap is a possibility based on 2017 projected revenue...
CBD# went from 0.30 to 2 and then to 8.
This can follow the same ...
$8...
This is going to follow AMM# track. Wait and watch
Will touch $1+ in 2 weeks and may be lot more between nov-dec
Do you what is the latest OS. Looks like lot many shares got added since 0.022's
Agreed, they are loosing money running their operations. They must have taken additional notes which will not be known until next financials. it will be too late by then.
Float is not locked up. 10 Bil AS are being floated.
AMM# run is over for now, now its SRNA's turn to reach new heights.
SRNA has 3 times more revenue than AMM#
the OS is about 2 times of AMM#
Based on that this stock should be trading around 30-40 cents
This will go back to 0.30's tomorrow and day after
Just wait for 30 more mins, it will test 0.020 support before it heads up any further
it will go back to 0.0201
if VPO# can run, anything can run. It went all the way to 0.0001/0.0002 and right now it is at 0.0020. in past 1 month.
They had not released financials from 2 yrs, so you can imagine.
This company has a lot more going on for them right now and this license is a game changer.
I agree it might not go all the way to $2.8, but I still see a healthy $1-$1.5 in near term depending on their next moves.
THIS IS GAME CHANGER.
CSL HAS WIDER USE THAN JUST TESTING MARIJUANA.
I hope ATTBF management now focus on just this one and also revive their Phythalabs and create a North American testing leader.
Look at SGB#, DIG# etc. ATTBF can gain a lot of traction if they go into franchise model or acquire couple of testing labs in CA, NV etc.
They can open one such lab in each province in Canada.
This along with Vitagum (infused with Phythnos/CBD) will bring exponential revenue.
how come this is not running at all. has the conversion stoped
$3/- on nv and cal ballot in favor...'
Go TRTC
with 750 mil OS too, it is under valued. Their existing rev is 27mil, but potential for next year is 75 mil ( with 5 dispensary, EG, 1 cultivation, IVXX) it is quiet conservative.
taking 10x of it will be minimum goes to $1.
Agreed, it most likely will test 3.26 support and also fill gaps on its way up or down. I think its good for stock in short term as it will be ready for next leg up for elections.
they might announce patnership with BP looks like it
Who cares, the whole point of investing in SRNA was because it has much higher revenue than the rest. its a technology company , not touching the plan, safer investment than most of the others. has stronger fundamentals, so ideally it should have had 0.30-0.50 cents mcap at the minimum.
right now , one month before election, none of it matters, everything in this sector has to run at some point or should have started showing momentum by now. here the vol has dried up.
just check sgb# or TRt#. Best is check AMM#, they are in the same business, were at 0.10 cents just like SRNA and check them now. In one week they went 100% up
i just don't get it. when i compare SRNA with any of the other companies
TRT#, SGB#, CVS#, SRN# , AMM# etc. its mcap is just 1 times of its revenue, whereas all others are at the min 5x of its revenue.
this is the worst stock of this mj group. i have invested a lot of powder compared to what i have in others and i can't imagine getting stuck with this POS cause it does not run with the sector...
Mike Withrow aka curiousbuild screwed us big time. My avg is 0.60's, I don't know whether or not it will even reach there in this lifetime.
Their OS is approx 120mil and float too I guess is around the same.
That being said their expected revenue is less than 2 mil.
But you never know, one license, one deal, and all the speculation's will start.....
SGB# started with one lab, now they are sitting on three and 2 more being worked out.
Even abattis can restart franchising phythalabs or northwine CSL etc...
Biocube/Biocell might find a buyer
Vitagum get popular in Chinese mkt...
This can go to $1 just on speculation
You haven't answered why Upper Management has sold at .16's more than mil shares since August.
Why the CFO got fired....
What is the news
Only Sleek can answer that
Still not answered my question. Where is your Sleek 187 IQ.
You have lost your credibility..
Big companies would rather buy them out for its technology than trying to make something from scratch.
Surna has proven technology and will find its worth as soon as the market open's up. You are forgetting that GE is not the only one and there are other big guys - Frigidaire, Soleus air , whirlpool etc.
So I am sure one of those big guys will find it is worth buying Surna and be ahead of their own competition( among big guys) and hit the ground running.
I would suggest you do the same, start accumulating, cause any thing can happen at the time of elections...
You have still not answered, why would Top executives sell their shares than wait it out for another 2 months to make 10 times...
You have left TRT# and now are pumping this one, looks like you bought into the hype last time around and are bag holder waiting for new set of one to come and rescue you.
Well today the vol is 50 mil shares. and see what happened...
Looks like the CEO has given up on the company. So many form 4's..
Seems like the company is reading boards and doing PR's just to keep the longs .. holding
The matter of the fact is , this POS has put revenues that are not going be possible
Even if they have monopoly, it will be short lived for a month or two.
Dispensary owners are going to shop around for a cheaper options in testing.
Testing is a mandatory cost and overhead and they will work towards finding cheaper alternatives So SGBY victories are all short lived.
I guess that's the only thing left with the longs, since there money is now in weak hands....
There goes your QB dream. Why would someone getting discounted share price will want to go conventional bank loans when they can easily get at 70% discounted price.
There goes the power hour, clearly it is headed downwards to test 0.015 and 0.01 support in coming weeks or may be today...
More than 3 mil shares were sold at 0.016's, so that speaks a lot about the strength
They might just move the mandatory dates ahead, why is someone selling big blocks at 0.016's if that's the case..
I am sure someone knows what's coming up and they are not holding it any further along.
Yeah, all the fake Longs are asking folks to hold the stock up, knowing it can loose another 50% from these levels to justify its ration of mcap v/s revenue.
The projected labs, revenues are speculation.
The three labs combined will not get more than few hundred k in revenue as opposed to the mil projected here.
Just call up Gary Ward, ORELAP adimistrator to find how many applications they are going to certify before Oct 1st to get the sense of competition.
The state has already assigned additional resources to expedite the approval process.
My DD says min of 20 labs will be functional on Oct 1st and another 20 by Nov, so total 40.
Oregon is not CA and is 1/10th the market of CA. The competition will cut into profits..
Well Facts are out. People are not willing to pay more than 0.017's, it has traded more than 2 mil in last 1 hrs on the same no's , so you know who is diluting...
RSI will cool down to 30's before it can go any further up. Give it until tomorrow and next week. If anything we will see some support being formed once it goes below 0.001