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Harry, why do VNDM and VFIN show 85M shares offered? They maybe in control, but who is benefiting?
Tom, they need to restructure the company. Have you seen the vids? This was not just to sell into a one bid and leave. It just leaves us in a wait and see, but imho, no patsy here.
POTN has told us via news releases that they wanted to uplist. In my opinion, a reverse was inevitable and now they have the excuse. A 1:100 would leave the company with roughly 65 million common, a 1:1000 leaves 6.5 million. With what I've seen with each video, better and better quality, larger personalities, they could not move this company forward on the OTC with 6.5B shares. They diluted which you can't blame them, they need $, and now they can restructure. All in my honest opinion, but this is not a scam, it's a vision that doesn't fit the the share structure this new group was left with. I'm aware CVmay still be at the top, but I believe this is real, and they want to become the leader in Pot news. It's a shame this wasn't a 50M share count company to start with. I've been very impressed with the latest content, the live feed via Periscope, using multiple cameras during their recent interview, etc. We'll see what happens.
Raff, the most impressive video yet!!!
Weird- Just bought another 2M and I received not 1 confirmation, but the order was confirmed with 15 different confirmations! One was 3,000 another 36,000, another 68,000 others 100,000. All this with one MM on the ask.
Is this a market maker move in bulk to scare people into selling at 1? If not, who the heck is selling into that high bid? There's over 100M on the ask at 2. Opinions please.
What stands out to me is the peanut butter bar video they produced (very professionally) on $POTN PotNetwork.com. Why do that unless this is just the beginning of what can be expected? I was impressed, and imho it is a matter of time until they begin a ramp up of more projects/content.
Harry, thoughts on the large blocks traded yesterday? Flippers or something else? The news has been steady and positive, thought the short term price would be a bit higher. Patience is key.
More good news, an unexpected alliance, another money stream, taking things one step at a time. The company has never been better with a share price at bargain prices imho. Patience.
#2 on Breakout Boards: http://investorshub.advfn.com/boards/breakoutboards.aspx
Impressive call!!!
Nice T-trade, all buying not counted during the day. Slow and steady wins the race! Patience...
One step at a time....PN website, dealership revs, participated in Denver Cup, independent audit coming, attended NYC Cannabis Exposition, Citizen Weed, company name change, symbol change reflecting primary business, share retirement, and on and on. Takes patience, and IMO the current share price is cheap here.
POTN - PotNetwork Holdings, Inc.!!
This name search issue sounds the same as when one applies for a mortgage. One of the items you sign is that you aren't any of the persons listed who came up in a name search - all have your same name. All have been criminals in the past and the bank needs to verify for whatever reason that you are not one of them.
Vince, why would PotNetwork.com do the following original content interview?: http://www.potnetwork.com/navigating-new-york-state-medical-marijuana-laws-with-john-nicolazzo
Yep, It needs to be a buyback. They can only retire shares from directors or held in company name.
CNBC interview with CEO Volpe:
Experts from the cannabis business expo share ideas on how to pass or not to pass a joint in a business setting, when should you pull out your apparatus and smoke in a meeting.
http://video.cnbc.com/gallery/?video=3000390682
It seems like a lot of effort to fly multiple people to NYC, pay for hotel, etc. to pump this a few pips, if even possible? I believe they have something very positive this time around and we all will benefit when it comes to fruition.
Agreed. They went and participated. Hopefully we have a plan in motion because I'm still SO behind the idea.
Sounds like a lot of effort to dump shares at this price. Is it possible they have a longer term plan in mind? According to you they were out of shares in 2014. Is it possible that Volpe wants to make something of this idea?
Green, of course, I'm with you. I really want the skeptics to chime in. I'm curious as to what they think their motives were.
Can anyone answer why PotNetwork was at the Cannabis Exposition in NYC?
Miami, just checked them out, glad to see a PN presence!
What's so scary? IMO CEDE obviously was/is involved in the 3B shares which were retired and then sold back into circulation. No mystery there.
Similar to early 2014 when it was .0001x.0002 and ran in days to .0040, dropped back to the 20's, only to vault to 0.0146. When this happened they had nothing, only a share retirement and expectation. Sure the pennies and pot stocks were hotter then, but there is way too much potential at 0.0003x4 based on the present site and future plans which if only a few items pan out, we're on our way up.
Holding since the .0020's of March 2014. This now has waaay more potential than when Chris was filming Lena and Tom. I'm aware of the share structure and it is meaningless if this gets going.
Looks great Jedi, nice job!
The new site looks so professional on my iPhone. It's configured perfectly for mobile devices. Impressed.
A version of this screenshot would be great as part of the opening wallpaper. Right now we have a shot of the old site, and old PN.tv refs.
Green, how about a new web site screen shot to replace the old web site which is stickied? I'd also remove any PotNetwork.TV refs.
Tommy, the T-trade occurred after hours which means a cumulative trade took place during normal trading hours where the market maker hides it until they report the trade after hours.
From link: https://incrediblepennystocks.wordpress.com/tag/form-t-trade/
The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.