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I hate beating up on Nicky all the time, but...
"The reason AFI bought the rooftop garden in the first place was because they were cease and desisted by another company on their use of VDL tech and needed another option. That's an expensive plan B. But hey, I'm sure we'll soon hear more about AFI's grand plan the next time they put out another hostage video - sorry, live stream update."
Read more at http://www.stockhouse.com/news/newswire/2014/09/18/medical-marijuana-update-the-undervalued-seven#5UjLMmj2ri4dH448.99
"The reason AFI bought the rooftop garden in the first place was becausethey were cease and desisted by another company on their use of VDL tech and needed another option. That's an expensive plan B. But hey, I'm sure we'll soon hear more about AFI's grand plan the next time they put out another hostage video - sorry, live stream update."
Read more at http://www.stockhouse.com/news/newswire/2014/09/18/medical-marijuana-update-the-undervalued-seven#5UjLMmj2ri4dH448.99
Affinor - per the streamer, doesn't show a single US share today. WTF? Another halt or something?
Not a single share - not even one. Wow.
So - you've just accused them of securities fraud. Are you sure you want to make that charge considering each Director's indirect holdings are also accounted for and reported on SEDI? I've got a master spreadsheet of all shares held by mgmt and related parties. None are being sold that aren't reported.
You do know that accusations of fraud are per se slanderous/libelous in the courts, correct?
All kinds of stupid that one.
Interesting - have you not noticed that the director shave not sold anything since May/June. What fascinating retort to that do you have?
Yet again SEDI says something different. Corp directors are buying - not selling. Ya got anything else?
Another insider bought on open market yesterday, too.
And what technology is that? Exactly what technology does Nick have access to?
Have you mentioned that to him - ask directly why he doesn't do routine updates? Wondering what his answer would be...
529 shares traded today... not 5290, not 52900, nor 529000... five hundred twenty nine shares. Just wow.
I'm not advocating here for any position on any other stock - I'm merely pointing out issues with Affinor. But divert attention...
It's why I always say it's best for Mike to keep his mouth shut. I am sure he thought they would have it by June and then HC and the court injunction came along re MMAR. As long as I see that he's executing on the announced plan and they keep responding to each crazy new HC requirement, I'm happy to hold. I don't "lose" anything until I sell for a loss. The people who moan that their accounts are losing money are nuts - I made a ton of money in 2009-2011 by not pulling my money out of funds in 2008 and instead kept plowing more and more cost averaging downward. When the uptick happened, I've been getting 25% returns year over year for the last couple.
Ready to build - simply a name of the period of time. You have to get the letter and do whatever is left to the building - eg implement your security plan. They then come out and inspect and if all is according to plan - license to grow. If first crop is good - license to sell. Each step is a hurdle to overcome. Damn bureaucrats!
The guy is a liar - a simple google search shows that all the patents in his name are owned by another company - his former employer. What a sham.
Hey Curious - what do you make of Nicky's bringing on Medbox guy? My info is that he's a crook too - goal to further pump stock?
Anything and everything is said on this board - I've concluded there really is no real reason to post any actual evidence to refute the ridiculous statements being made - it is of no use. You know what they say about wrestling with a pig - same with arguing points with the same people here over and over. We all know what we own - stay the course. You only lose money when you sell - right now, I have no reason to sell. As you can see from the numbers - no one else is selling either. Just sitting and waiting patiently while children play games on the sidelines.
Sounds like you've got the same info. One man's loss is another's gain.
I don't have private msg capability - but my source is indicating that the news that may come out of Quebec is a bit bigger than what some expect. The Biocell sub is doing some interesting positioning. Folks should track down the older PRs about it and also who Abattis/Biocell has partnered with in that area of Canada. Ask yourselves why would mgmt be up there last week?
Again - I think they are smart for the long term. Allow the sales to speak for themselves for a quarter or two. That way they do not make crazy projections (billion dollar contracts, eh Nicky?) and get hammered when it is inevitably slower at the start than they anyone ever expects. It again sets Abattis apart from the obvious pump and dumps out there. They are calling plays from the big boy play books.
Yes - I think a lot of people are going to be surprised with a number of announcements coming out over the next couple of weeks. As I've said before - Abattis' goal isn't to make penny stock holders .05-.06/share profits. It's to create a fully integrated pharma company. That takes time. Most of the time these types of startups are not yet public - so you have no clue what's going on until the IPO. Here we get to agonize along with what is a normal process/timeline for a startup - but we also get to "see" what the company is doing through all the regulatory filings.
So - complain away - I myself love Abattis' strategy of tight lipped info. Why tell your competitors your plans? Why constantly state BS (Nicky B) that you know you have absolutely no ability to deliver on.
Slow and steady wins the race.
DD tip - watch the personal twitter accounts/Facebook of the directors. Very illuminating.
Yikes! And I thought my US "blue state" taxes were bad. My source was more about the good:bad product information due to mold etc problems others have had. HC is becoming more stringent about having systems in place for recall and tracking of lots etc. Very pharma in nature. I don't get the "excuses" line at all - doing the company fixes the 2 things they are told to fix, and HC comes back and says - oh, there's 1 more etc - it's the company's fault for not fixing what they didn't know was a problem? How very Alice in Wonderland.
And the software (Biotrack THC) is used to track how/who/where/what MJ is coming/leaving the plant - my source tells me HC instituted it as a requirement after the first growers ran into problems with the MJ supply chain etc.
Y'all crack me up - last time everyone was saying that HC wasn't moving or doing anything. Now, we've routinely seen the company respond and comply with each new deficiency but yet some still say it's a scam - what else do you want? It's absurd.
I believe that it is a new requirement that went out to all the companies pending license. HC is making new rules/reqs as they go farther along the process.
Abattis IP Director interview - Douglas Socorro. Interesting to see someone other than Mike discussing some of the items.
He didn't sell if you look at it - I think he flubbed the filing and they had to back it out and refile.
No question: any sales by insiders must be reported on SEDI. Hmmm... no sales taking place - including shorts. Yet another false opinion/question shown to be bogus and without merit. Does it ever get old?
You were the smart one... But you never know, they might get another billion dollar order for strawberries. Lol.
Why don't you leave her alone so she can get some work done. You do know that as an insider - everything she says is very carefully scripted and nothing is just being thrown out there.
Since we keep hearing over and over about debt - I thought I would just put this here:
http://reports.standardandpoors.com/aidata/maccess/a/attbf_442358_all.htm
And therein is one of the problems with the stock market - you were able to sell something that didn't belong to you. In doing so - you manipulated the market. Thanks for letting me know - it adds to my understanding of your character.
More insider buying on the open market:
http://www.canadianinsider.com/node/7?ticker=ATT
Just for fun I would love to offer odd high amounts for small lots of shares just to screw with the folks... but alas Scottrade will not allow me to offer large amounts for OTC. Would so be worth a couple hundred bucks just to see what people would do.
To the trader who sold and then re-bought an hour later - was it really worth the effort to make $200?
My guess it is more MMs playing games to flush out stop losses. Happens every frickin morning like clock work.
Darn iPhone - I meant to say the math of day trading frazzles me but I do understand biz plans, execution & legal and regulatory strategy in a highly regulated market in the US. I appreciate those folks who can look at stock charts and divine wisdom - but that's not me.
Abattis - they know what they are doing and setting up contingencies for contingencies. That's what cracks me up the most about naysayers - one trick pony, sure you downplay "it's coming" talk. Companies that diversify to manage downside risk - folks who are looking long term, not just immediate share price.
Like the most recent article says - Abattis is fairly quiet about what they are doing and then announce these very interesting long plays. They are not playing a game at all.
I've never tried to time the market as much as simply invest in what I believe in and understand the fundamentals. I don't have the math brain to understand it all. I don't understand biz plans, execution, and legal structures. If it looks sound and is something that XYZ group wants - I buy. Like the sin stocks - made lots of money in sin.
That makes sense - you fancy folks and L2.
It's funny the volumes bought - small lots and then two 2000 lots yesterday. Wonder what was going on in their mind?
Yeah - word on the street from some mutual participants said that Nicky tried to stage a coup within the company to oust the board and Withrow. If you look at insider purchases in the Oct-Dec timeframe - you can see the core adding to holdings to offset Nicky's significant holdings after license.
Then watch what happens immediately after getting involved with AFI - all attention back on Nicky and self-dealing and others out.
While this involves another company / it's important to Abattis because it owns what another company needs to actually grow weed in the way that it says it will. That is a very impt asset for Abattis and given that there is yet another company that owns a lot of IP covering Nick's original vertical technology - Terrasphere - my bet is that AFI is going to be put into a squeeze play of all squeeze plays in very short order.
Even more interesting is the note about Abattis owning the exclusive license to Nick's technology. The true story of Abattis' former director is coming to light and the value of what Abattis actually owns is becoming more apparent.