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A filing would be in there best interest to see this thing rise like it should. Hopefully they are going to keep with their strategy to move up to the OTCQB. Would love to see this at some point get on the TMX or Nasdaq. Eaph after closing with Broken Coast would sail past TWD and the others with this structure.
Again JMO. But makes sense. There are so many small players out there trying to get a leg up. Easton has been working for a long time putting this together. They announced Medicated Markets and closed the deal. They just announced Broken Coast and they will close the deal!!! If you file with the SEC it is public....now that they have revealed their intentions through the MOU they need to finalize the agreement and file with SEC to really get this thing cooking! Shocked we are not up over $.03 yet.....its a great buy....very little risk with all that is happening!!
I am just speculating based on a few back and forth emails with EAPH in regards to the SEC filing, that this has been in the works since January with Broken Coast. I believe this was a three way deal that Easton was putting together....Canadians being more conservative took a little longer in coming to an agreement. This may have been part of why Medicated Markets was attracted to Easton as well Broken Coast. There is a benefit to all parties. Hopefully we see the 8k in the coming weeks. Maybe they will address it in the next release as they did a few weeks back in the letter to shareholders. "They are working on submitting an 8K" This is the final piece I believe for the 8K.
EAPH is going to have one hell of a strong hold in the North American MJ market!!!
They need to do a SEC filing for this to really take flight in the coming months. But I do take comfort in the fact that Easton had to get an Independent Audit done for the Medicated Market Deal to happen back in December!! As I mentioned earlier I believe the company files when a final agreement is in place. The medicated Markets deal is done and is real.....I also take comfort in the fact they disclosed the name of the Company and it is a Canadian Company. Easton will have created an excellent distribution chain for North America.....better than any other MJ stock I have researched. Cannot wait for the SEC filing in a few weeks when a final agreement is reached!!! Enjoy the ride!!
Yes you and me both. The PPS has not been a fun ride lately. I read the one post on this being "Fluf" and the other post that stated concerns with no SEC filing as of yet. It is my understanding EAPH would not file with the SEC until an agreement is in place. I am very confident that this is not fluf at all. It will be interesting to here something from Broken Coast. Going to try and contact them today by email or phone. Eaph is doing and have done everything they have committed to through their communications. It would be nice to see a comment from Medicated Markets through Twitter or something. This is great news!!! Cannot wait to hear more!
Finally the news we have been looking for. This is what they have been up to!!! It all makes sense now. Ownership in a LICENSED GROWER in the USA and OWNERSHIP "coming soon (MOU)" in a LICENSED GROWER in CANADA!!! WOW. This should push this stock well over $.10....based on where the other publicy traded MMPR Licensed Canadian companies are!!!! That is even an understatement. TWD $2.10, OGI $.45, BED $.76......now granted they are trading on the TMX. And still holding the MDRM option for 49% ownership in Ontario, who are just waiting for final inspection in Port Perry for their MMPR license. Looks like Easton has Canada fully covered. Add to this great news they have the revenues from the VAPORIZERS, ECIGS and other hand held devices related to the MJ Health sector. Lets not forget about VIORRA and the other OTC products Easton is launching!!!
Extremely bright future for EAPH!!!!!!!!!!!!!!!!!!!
Ownership in Medicated markets Licensed producer of MJ in the USA and "MOU" for ownership in Broken Coast - AN ALREADY LICENSED producer in Canada under MMPR!
Pretty sure I'm right....could be a combination of all three. Sucks for the long term investors but we all need to remember the majority of investors in the pinks are day traders. Doesn't take away the pain at all though. Eaph will be fine in the long run. I am hoping our friends are done screwing around and will let the stock do its thing....which is go north to $.05 where it should be!!! Medicated Markets has been selling MJ for 4 years now...they know what they are doing ...I am looking forward to their projections...10,000 plants.....3 harvests. Share Holders will be extremely pleased with the revenues. This is a "?no brainer" at this price!! I ve been trading this and 18 other MJ stocks for close to two years now....this time last year we would be at $1.00 easy. Its a different world now with all the scams. Eaph is doing everything right.
I have done this twice....got burnt once and was very successful once. This could be one person or a couple. I have 9 million shares of this.(of course not very happy today, but I have faith) I could easily have started dumping my shares in 500K or 1M increments and tank the stock close to 23%...very easy with MM'/s and panic sellers doing their thing. Now the key is can I get all of those shares back at a cheaper price and then some to increase my position knowing their is great news coming on the horizon. Its not a bad gamble when your way up but with solid news coming why risk it. Only other explanation is straight up MM'/s and panic selling!! Lots of inexperienced traders out there. Many don't look at pinks for long term investments! Just my thoughts!! Will be fine next week! Close your eyes for a few days!
I would be surprised if they put a PR out today with this momentum. I suspect if it continues to climb today and tomorrow they may wait till Friday or Monday.
I just looked it up darshdesilva is correct. High end 5lbs a plant and low end 2lbs a plant. With 3 harvests....$$$$$$$$$
Cannot wait for Mondays announcement with more details. Hopefully these MM's find another sandbox to play in!!
Forgot to mention in my math times it by 3 for 3 crop harvests a year!!!! Huge $$$$$$
This is out of an article in the Colorado news paper January 29 2015. .....
"While buying a pound of cannabis is illegal for individual consumers in every state, this statement may now also be untrue in Colorado. One week prior to recreational legalization, a pound wholesale was worth around $2,137.50 on average. Since January 1st, prices have surged, causing the average strain price to be valued up to $2,733 per pound, a near 30% increase over the course of a week. "
The average plant yields 4 lbs and takes up 4 sq ft to grow. 23 acres in California only utilizing a small portion for 10,000 plants. Do the Math on the sales revenue of 10,000 plants. Then add another whole entire market in Canada with 55,000 sq ft of potential production.
The transparency Easton is providing its shareholders is excellent as well Medicated Markets. I understand they cannot provide sales revenues and financial statements due to the nature of the business in California dealing with cash and for tax implications. Showing us invoices of actual sales, license ID's for growing, all the pictures both in California and Canada an independent Audit preformed as requested by Medicated Markets. Easton is doing everything right to build shareholder confidence.
Between all the information provided, doing tons of Due Diligence and especially doing the math on medical marihuana sales above..... This is the safest and most lucrative investment in MMJ market.
Not to mention the potential of the creams ect that Easton also has patents on and the sales revenues from Vaporizers.
This is big and we are getting in for pennies.
Going long for sure. Shorts and day traders will play this one for a while but it is only a matter of time before it takes off.
GLTYA
This California deal with Medicated Markets looks better and better with the more DD you do. Already established distribution channels for past three years. 10,000 plants currently in production. access and licensed to grow on 23 acres in an ever growing market. Then add the Canadian Facility in Port Perry currently built and ready go 5000 sq ft. Room for 1250 plants. $12.25 million in sales revenue within months of receiving a license. Expected and planned expansion of up to 50,000 sq ft. Loving my EAPH investment right now! Someone please tell me if I am missing anything!! Seems too good! JMO
After reading that Globe & Mail article Im finally out. I was a big believer in this company from day 1!! Now to me it was just another scam like all the others.....Bill selling 71 MILLION shares quietly on the side was it for me! When the leader is dumping shares that is a major alert. The only MMJ company that is legit I believe is Easton Pharm. Switching all my $ over. JMO
News sounds very positive!! Simple math to me....10000 plants average sales revenue of $10,000 a plant is $100,000,000....yes 100 MILLION DOLLARS!! Bonus is 1 acre is 43,560 sq ft......currently Medicated Markets is utilizing 40,000 sq ft for 10000 plants. With 23 acres available you do the math!!! WOW!! Roughly 500million in the float at .028 is a value of $14,000,000....with this current deal in place at a minimum this stock should see $.20. For future growth potential...long term investment, $.50....$1.00...$2.00 who knows. Having California 23 acres already established then replicating in Canada the same business model is a great strategic plan. I am definitely hanging onto this for the long run. Finally a MJ stock worth its weight in gold!! GLTA
Where do you see a news PR?
I'm holding. Feel the same...with my luck I sell today and the stock will shoot up tomorrow or Friday when they announce. I am still shocked at the tweet this morning. I am hoping that it is just a few legalities as they say. There is a lot of moving parts in these deals especially with some of the patents Easton has. If the products are all legite then this could be a great success story down the road. Marrying up with an licensed MMJ grower would help with cash flow to move things forward with Viorra and a few other things. The benefit to the MMJ company would be the long term returns on Eastons products. Just my thoughts. I hope this deal is big as we all need it and it will bring legitimacy to this company.
Well put!! You are exactly right....Farrugia is doing the same bashing on EA#H board!! These guys have no conscience. Roberts who works in Matt's House of Pot in Teller county mentioned he believes Bearpot finally has there license. Hope its true as I am holding long on this one. Praying the R/S doenst happen till end of summer.....If Andy does a PR with a copy of that License guys like Farrugia will be left out to pasture!!
Article Regarding Canadian MMJ Industry.....
Ottawa to appeal medical marijuana injunction
CTVNews.ca Staff
Published Monday, March 31, 2014 10:08AM EDT
Last Updated Monday, March 31, 2014 11:08AM EDT
The federal government has announced it intends to appeal a recent Federal Court order that allows thousands of patients to continue growing their own marijuana while patients challenge the government's plan to change the system.
Health Canada said in a brief statement Monday that it disagrees with the injunction the court issued earlier this month and will challenge it.
The injunction allows patients who are licensed to possess or grow medical marijuana to continue to grow their own pot while patients take the government to court over plans to overhaul the marijuana system.
That proceeding is expected to be scheduled within the next year.
Canada's medical marijuana system has allowed licensed patients to grow their own pot since 2001. But Health Canada has repeatedly said it does not endorse the use of marijuana.
It's also suggested that federal officials have only been running a medical pot program because the courts have said there must be reasonable access to the drug.
Health Canada says the medical marijuana program has been open to serious abuse and that the risks related to marijuana grow-ops, such as fires and crime, outweigh the patients' rights to grow their own pot.
Health Canada wants to bring in a new system to restrict medical marijuana production to licensed commercial producers only.
Patients are contesting those plans because they say the marijuana will become more expensive and they won't have as much control over which strains of the drug they use.
Read more: http://www.ctvnews.ca/canada/ottawa-to-appeal-medical-marijuana-injunction-1.1753646#ixzz2xYOzOfEV
Under the new MMPR there is currently 12 Licensed commercial growers. Here is the link:
http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php
There is still the 40,000 licensed individuals who can grow at home for medical purposes.
Hope this helps.
tardelli007....I just want to make sure I understand what your saying....Seeking Alpha is going to post an article pretty much stating that they made a mistake and Easton is a great company to invest in! You received this information right from Seeking Alpha or through Easton? They confirmed this will come out tomorrow or early next week? Thanks for the update