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I have all I am going to buy. If I make good ok,if I do not,oh well but I am not putting in any more till I actually see a promise kept. And perhaps more than one.
A R/S is absolutely unessary in a company unless that company is dishonost. There are other ways to lower stocks without destroying the little stock holders in a company. Anyone that would resort to a R/S has nothing in mind but pure greed. These people refuse to lower their bottom line even at the cost of trusting people. I have had the conversation of a R/S with the CEO many times because and frankly this is the only thing I fear seeing the large amount of stocks we now have. He personally has told me that he has never stooed to that low of a level and never would. But we all know that the amount of stock will have to be reduced in time to make all this work. But a R/S is not needed for this to happen. Only honost people are required to make this happen,people that refuse to steal from stock holders just because they can.
I am impressed that the CEO is able to do what he is with the very low amount of funds the company has on hand. With no money coming in he has been able to make people promise (and put their signature to that promise) so as to set up things for this company, for the time when he does have the money to make them happen. How many hands has he tied for PMCM on the promise that he will make this work? Extrodinary!
The pot bubble is long gone. The scams have made their money and now everyone else has to pay for this. People jumped at any MJ stock and got sukkered out of their money. Now nothing short of a good working company is going to sell this kind of shares. A good foundation and a company by-back of a heck of alot of shares is what is called for. We shall see. This indeed will require a very long hold.
I spoke to the CEO a few times about a R/S when I first started buying stocks. I continued to buy because he told me that he had never done any R/Ss and never would do any. I am old school and take people at their word. But do not think that I have not done my DD because I indeed have.
I bought @0.0054,then it tanked and I been waiting every since.
Is this "definitive agreement" the same as a proposal?
I did my DD when I decided that I was going to start buying penny stocks again. I used to have about a dozen diffrent penny stocks and they all R/S me into 0. Only because of this new intrest in MJ did I come back. I bought this stock at 0.0054. After doing my DD and watching the mj bubble I thought it was about to run the same as all the rest of MJ penny stocks. I never thought we would go to 9 billion shares. I spoke to the CEO several times on the phone before this extra stock was added and he told me that he had never done a R/S and promised that he never would do a R/S. I see posts in here accusing him of R/S in the past. If they can prove this I want that proof or stop making those posts.
YW guys. We are all in this together. I know we all hope and pray we are riding the IBM like stock to the top. It would be wonderful for all of us if it turns out this way. We all dream of getting on the ground floor of something good and I for one seem to always get in late. I invest in something named dogecoin because it is ground floor. And looking at bitcoin and the other 6 alt coins above it there might just be a chance. There however is no sure thing. But we do indeed do all we can to make sure that we can get as close to a sure thing as possible. If in our efforts we do get burned in whatever we are investing in, it will not be because we didnt do our DD.
Everyone is brand new in this MJ market. Some newer than others. In the business of the internet, Billions are involved and trade hands as common as millions used to do. I see the new MJ market doing the same thing if not more. This being said it may just be possible to have much larger amounts of stock than ever before and still get to $s per share. But for this to be true patience will definatly be required. Fluff PR will not work now seeing that the MJ bubble for the most part is over and I believe PMCM avoids fluff for this reason as well as avoiding halts and trying to establish an honost company. I have done allot of DD on PMCM and it was at one time in the $s range unless I am completely mistaken and that was long before it ever had MJ in the stocks. It would take a crazy ride to take this stock back there seeing that billions of shares are owned by so many people and as the price rose dumping would indeed be a problem. It would take some very good news for a constant amount of time to do what PMCM did in the past but it can be done. People really do want a long hold stock and if a company looks like a fly by night then they will not bother with it. I didnt invest to gamble, and with the way money is today, less and less are able to gamble. I know the snide remarks about not buying if you are afraid to gamble but I am saying it as I see it. People are in trouble out there these days and are looking for a straw to grasp. People are looking for another IBM and they have the right too. I am very old fashioned and trust people too much and that can cost you in penny stocks seeing that though there are those that start as penny stocks, if they are legit they do not remain there for too long. People want to get behind something. Too bad, bad people use this to steal from those good people.People try to not be guilible and not lose their money but there is just so much DD a person can do and then it boils down to faith in a person,company and stock. The thieves that run penny scams tell themselves that people deserve to be scammed because of their greed. But though there is of course some greed involved, for the most part people want a way out and it just seems to me that we are now living in a period of time, the same as when PEPSI and COKE and IBM were brand new stocks. Now to just pick the winners.Lots of scandles abound in those high dollar MJ stocks but even still they are up there in the big money range.From what I have seen, looks to me like the CEO of PMCM is locking in as many people as he can by having them sign proposals and then he goes out to find capital to cover those proposals as quickly as possible.I know this looks sham and weak and even scammish but if he can pull this off PMCM will indeed have created a house hold name in medical MJ in many states. I have spoken to him a few times and he has given me his word about some very important things. I am indeed very old fashioned. There was a time when a mans word was his bond and none else was needed. This is what I bank on as well as PR and DD. Olny time will tell us the rest of the story. Now that I have said all this I am sure there will be a few snide remarks. Oh Well.
This would be really good news if 4 billion new stocks had not been added to us. Serious people with money will not buy into a company with the stocks we have. What a shame and I had such high hopes. What is it? 10 billion shares now? great!
Read my post. I said the statement was stupid I dont call people stupid.
Gambling? Really? Thats not what the company says now is it. They want us to put in money and believe there is no gamble. DUH! Stupid statement to make considering this is about company trust and faith in the CEO and not poker cards. I do not "gamble" when it comes to stocks. I look at the company and at the stocks and the structure as well as the CEO and decide if I can trust it all or not. You go ahead and gamble if you want. But if heard the CEO right he said tyhat he has never done a R/S and never will and that he will make this stock grow. You go ahead and gamble while I do my DD.
10 billion shares and no money coming in. Lots of proposals made but plants take time to grow. I'm gonna look at this close. Seen this happen with other companies in the past and they R/S till there was no shares left. I like the message boards full of wheeeee'S and To Da Moon, as much as anyone but it has no effect on my bank account. Of course someone will be mad at me for popping baloons. But what the heck.
sage davisky, I asked a question everyone wants the answer to and are afraid to ask and you mouth off to me. You afraid by what I asked or you just dont have an answer? I will ask what I want to ask and I will do as I please and if the hard questions scare you, so be it. My question still stands. Can anyone answer what I asked? By the way, if I learn that it isn't good to stay in I will sell if I decide to. And that is none of your business. What I asked however is everyones business.
Why the smart answer to what I asked. Is it because you cant answer my question? did I scare you? Dont act like a smart elick and if you cant answer me then just admit it or just dont make a post to me at all.
I am a disabled viet-nam vet on SSI. So when I buy stocks I make a trade off with other things. My resorces being very limited DD is very important to me. I do not ask questions to bash or pump but to quiet questions in my own mind so I can sleep. I am just a small stock holder praying my stock will perhaps help me buy a car someday or something like that. That being said, does anyone know the name or prefereably the names of past penny stocks that went to like $7 having the amount of stock we have without first doing a R/S? I know we are a penny stock but so are other stocks that only had like 1 billion shares instead of 20 or 25 billion.These are the same questions I am sure other small investors have like me that can only afford like 1/4 million shares instead of the 6,8, or 28 million that others have. I want to know that even the small stock holders have a chance to survive as well as the big ones. A few years ago I had 6 different penny stocks and they all R/S me into 0 stocks.That lesson taught me that small stock holders cant survive. I am praying this will be different and to be honost if PMCM does what it is saying it is doing there is no way that everyone single stock holder will not make good money on their stocks. Anyone know the names of a past penny stock with the amount or more stocks as we have now where it did grow past pennies if that?
I have spoken to Suzie Qs on the phone and was told that PMCM owns it now and that the construction is finished. If I get burned by PMCM it will not be because I did not do my due dilagence.
I do admit that I can't see how all these shares will be dealt with in the future so this company can actually grow to the $ price in stocks. At this many shares if PMCM went to just $1 it would be a $10 billion company. I own stock and plan to buy more on my faith in the company but can't see how in the world our stock can go anywhere at this amount of stocks. I feel like such a peon when they just avoid us all and add this many stocks without us having any say in it at all. Got to buy $40k in stock to be respected? And how can stock holders possible agree to this stock dilution? I read the report and they all signed up for this a few months ago. Really? Why?
I have called and spoken to the CEO a few times and he has called me as well. But This dosn't get my confidence. I just am betting on PMCM is all. I have also called SuzieQs and spoken to the owner as well as someone that worked there as well. I did my research as I bought PMCM stock. That dosen't mean anything about the stock I know but it helped me alot to decide about the company. I will buy more though this last dilution of stocks did not make me very happy at all. Much rather see some stocks retired.