Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That would be great, and the market cap/share structure can already support that number...but after 5 years it might be better to just get to $.50 and show some kind of staying power first.
...That is if they want to be a real, valued company and not a pop and drop stock for the rest of their existence.
That was 2/12. Might be why we saw a boost in price on 2/19 if they got caught in a short squeeze on way up during expire date. Monday held high on lower volume to thin the remaining orders.
Just a guess...imo
4.5 years of severely undervalued market cap valuation (IMO). It's about time it gets some life breathed into it. Good to see more follow-thru on projects getting done rather than just theorized.
Just curious, what makes you say that or how can you tell? I currently show GTSM lowest on the Ask and 4th down from highest on Bid side on L2.
That tells me they aren't afraid of selling and in the pack for bidders. If they're short wouldn't they be scooping up all the shares they can get their hands on?
"China Had a Record Box-Office Haul. It’s Good for IMAX, and the U.S. Rebound."--Barrons
First para="The start of the Chinese New Year holiday is traditionally a big weekend for moviegoing, and this year was no exception. Pandemic or not, the masses turned out to see the latest flicks this past weekend, breaking box-office records in the process. It’s a sign of the vast pent-up demand for in-person experiences that is waiting to be released in the U.S., Europe, and other places that are a step or two behind China in terms of reopening their economies."
The demand is there still...at record-setting levels apparently.
ref: https://www.barrons.com/articles/china-had-a-record-box-office-haul-its-good-for-imax-and-the-u-s-rebound-51613500800?mod=hp_DAY_1
How far will shorters go to get money? Is the SEC really trying to protect anyone, or even the processes? Then why are the numbers changed (or allowed to) by HALF to paint a picture when it's supposed to just be hard data? Sounds like some new "creative" interpretations of definitions are happening...
Trey has some very important observations of the data for AMC about the 3min mark...IMO
A reminder the SI report isn't due until 9Feb2021 6pmET. (After Hours)
"All short interest positions must be reported by 6 p.m. Eastern Time."
https://www.finra.org/filing-reporting/regulatory-filing-systems/short-interest
.0006? And that's before how many R/S's exactly?
Are we about to see a golden cross on this stock??? 200 is at 4.45 and 50 is at 4.25 and rising fast.
https://stockcharts.com/h-sc/ui?s=amc
Likelihood of an acquisition by the big four?
WSJ today-
https://www.wsj.com/articles/big-tech-enlists-hollywood-to-boost-adoption-of-enhanced-reality-11604399401
I wonder what percentage of the market they have managed to attain; even if they didn't hit their goal and have bungled this whole situation. Because with or without Medtainer at the table, the market and demand is growth in Canada at least.
Shame if incompetence keeps them from getting a piece of the pie since they've been here all along...
www.igorbnews.com/2019/09/marijuana-in-canada.html
That's one of the things I've always wondered about this company. I've never understood why they haven't had a concentrated push to protect against patent infringement against counterfeit rip offs. Filing lawsuit(s) for monetary damages would be a boost. Even a cease-and-desist campaign would push competition down and toward Intellectual Patent holder products instead.
But this company needs to clear alot more hurdles to get to their stated goal of a global market percentage regardless. Considering their lack of PR's, loss of relations, and absolutely lousy PPS it isn't happening anytime soon.
Horrible management for the shareholders...prove me wrong, please.
So now that the stop sign is off isn't this about the time when the company announces several million unit orders from the Canadian government because of the containers compliance with regulations and the stock soars into the stratosphere? Isn't that how this works? :-P
If Shane does lurk here, maybe someone can catch him and ask him the question of the day...
How many 10 day periods are there between 1 May 2019 and present day?
Why ask that? From "Medtainer Inc. Financials update" on Globewire dated 1 May. Quote-"The Company has retained Valuation and Venture Consulting in Irvine, California to make this appraisal and expects to receive it in approximately 10 days."
If not that question, then try, "Given the companies ethics statement at: http://www.acologyinc.com/ethics/; who and how many have been fired? And does that include the CEO and Senior Financial Officers being held accountable?"
Agree. Many would say "overly" patient...
...or maybe it's undue loyalty.
I guess we'll find out whether the trust was due or not when they file the freakin paperwork!
Considering that Amazon, Apple, Disney, Google, Harley Davidson, HP, Lotus, Maglite, Mattel, Yankee Candle and Perfection Promo (among others) ALL started and made millions before leaving their respective garage, please by all means, lecture us on how MDTR business is supposed to look and how it couldn't possibly be or hasn't brought in millions...already.
A double edged sword cuts both sides. Just like your pointing out that folks can't prove revenue at the same time, you can't prove they DON'T have revenue. Join the crowd waiting for the audited fins to drop...
What Whiskey (thank you for pics!) showed is that MDTR isn't an abandoned, empty garage down on the docks with a PO Box... So there is that.
News out. Good news, but no K or Q yet though...
"Medtainer Inc. Announces Custom Orders from Planet 13"
"CORONA, Calif., July 09, 2019 (GLOBE NEWSWIRE) -- Medtainer Inc. (MDTR-OTCM) announced today that they have begun selling custom-printed Medtainers® to Las Vegas-based Planet 13"
"Planet 13 Marketing Coordinator Brandon Zimmer says, “We are pleased to work with Medtainer to begin offering custom Planet 13 and Medizin branded Medtainers®. Their product is a great accessory and since we started carrying it in January we have had to place several orders to keep up with the overwhelming customer demand.”
"Planet 13 accounted for approximately 10% of total cannabis sales for the State of Nevada in March1 and sees over 3,000 visitors per day. Medtainer Inc. sees great value in the Nevada cannabis market, according to the Las Vegas review Journal, in the state’s first year of legal cannabis sales which included both recreational and medical marijuana as well as marijuana-related accessories. Nevada stores eclipsed a half-billion dollars in sales, according to figures released by the Nevada Department of Taxation. Sales were about 60 percent higher than the state’s predictions of $265 million, and significantly outpaced all other states that have legalized the sale of recreational marijuana."
https://www.globenewswire.com/news-release/2019/07/09/1880141/0/en/Medtainer-Inc-Announces-Custom-Orders-from-Planet-13.html
News out. Letter to shareholders.
https://www.globenewswire.com/news-release/2019/06/26/1874471/0/en/Letter-to-Shareholders-from-Curt-Fairbrother-CEO.html
"CORONA, Calif., June 26, 2019 (GLOBE NEWSWIRE) -- Dear Shareholders: The filing delay for our 10K and 10Q will be coming to an end shortly. I wanted to take this opportunity first to assure you that the reason for the protracted delay was not caused by any distress in our Company and secondly that we have been assiduous in attempting to satisfy every obligation that the SEC requires from a fully-reporting corporation. Again, there is nothing about the way our Company has done or is doing business last year, or in the previous 4 years, that has caused or is causing concern. A review of the soon-to-be-released financial documents will show that. Indeed, we have shown growth and had excellent success year-over-year since we began reporting. We are working diligently to close this matter as soon as possible. Our goal, formulated early last year and already beginning to gather momentum, is to capture 5% of the total compliant cannabis packaging market by 2023. In the last few weeks yet another of the big North American Licensed Producers placed a large order with us for the first time. Our sales department has never stopped. Our marketing department is aggressively channeling new opportunities. Globally, the MedTainer™ continues to impress buyers, market-makers, entrepreneurs, retail and wholesale sellers and customers with its versatility and quality. The United States is expected to re-schedule cannabis from its current status and yet another huge market will assuredly continue to increase our bottom line. Our confidence in our people and our products has never been higher and our vision for the future has remained undimmed by this unfortunate event.
In closing, I would like to assure you that we will put this behind us very quickly and continue to move forward with our plans to capture as much of this market as we can. Business is indeed very good, and we anticipate that we will close 2019 strong, and riding that momentum, use it to carry us into 2020. We sincerely appreciate your patience and your continued confidence in MedTainer Inc. Best Regards, Curt Fairbrother"
Or... maybe it's just that Prager couldn't deliver on what it was contracted to do this whole time. Once Prager realized it was so far in the wrong it decided to cut it's losses and run freeing up Medtainer to find an auditor that can/will do what was supposed to happen in the first place.
If it's found that the auditor purposely delayed producing (and indirectly bashed the stock pps down) this is class-action restitution kind of stuff as the company suffered (through no fault of it's own) due to the inaction of another (Prager).
Someone should tell the creator of that website that no listed partners and "Cannabis Consutlations" (vice Consultations) is not a good public look...
News out explaining filing delay...
https://www.globenewswire.com/news-release/2019/05/01/1813512/0/en/Medtainer-Inc-Financials-update.html
Yup. "Magically" started working soon after my post. So between the post, your call, or finally getting to the number in the tech support que, somewhere in there it was handled...finally.
MDTR/Prager Mentis late filing 10K. Meanwhile in other news, Investorshub STILL hasn't fixed streaming or charting since R/S. Plenty of failures to go around lately it seems. Thank goodness for broker tools...
Should get interesting fast if bids start moving up to asks.
$26,000 sitting on bid now. Someone really wants in on a position starting right now...
The 10-K should be positive, but that's been expected. That's just about attracting new eyes from new markets and confirming where we believe we are now. The blow-out report should be the 10-Q when the impact of the adoption from the 12 LPs starts being felt. That'll be the "real" starting line. Then we'll see how high it can walk/run/grow for rest of year... imo
Link to calendar with deadlines below. I think this is the one you are referring to...?
https://www.dfinsolutions.com/sites/default/files/documents/2018-12/dfin_gcm_general_19%20US_Calendar_HIRES_12.17.18.pdf
News out. Good call Steph.
"MedTainer looking to new exchanges; OTCQB or OTCQX"
https://www.globenewswire.com/news-release/2019/04/01/1790665/0/en/Moving-Up-MedTainer-Looking-to-New-Exchanges.html
Yes, 100 to 1.
Yay! Mine just converted. Haven't tried a trade yet. I'll probably wait until next week...just in case. :-P
One thing I've NEVER understood is why the costs associated with reorgs fall to the shareholder and not a burden levied against the requesting company asking for the reorg...
Once again, here I sit with another $70+ bill from TDAmer for stock reorgs that I didn't initiate; I just happen to hold the hotpotato stocks when the music stops playing. /sigh
LOL! Dry run for future events? (haha)
If it's a system test one would expect that it would test low/high limits, and extreme volatility up/down, and out of order execution, and, and, and...
All my orders were cancelled. I'll worry about this particular one on Monday morning...
That's probably just the test dummy system test as they ensure the trading system is working correctly before populating with active shareholders. Should be sample bids, asks, volume. I have TD Ameritrade too but it hasn't gotten to me for share modifications within the R/S yet. Seems they're just using today to roll through with their official goal time as 5pm. That leaves until Monday AM for any 'emergency' fixes found before it goes live.
I wouldn't put it past them to fully dilute to the 6B mark at the last minute (might be current walls?) since they know a new pool of shares are waiting for them on the other side of the R/S...
Why in the world would they do a share buyback? (other than to smoke screen and further hide their motives) As it is they are adding slightly more than 40% MORE shares in the process of R/S'ing! That's what has me so disappointed in this company and how they handled this R/S...
Would've been even better if it stopped at 60M A/S though. Then the float would've stuck at 22M and restricted shares at 38M. Want to see the stock get locked and fly? That would've done it.
1:100 R/S and (as it stands currently) it still won't meet the minimum for an uplisting. And that's even if they are shooting for it. /sigh. Wake me up on the 25th, until then I'll be over in SWRM...
BTW Godzilla, before you go too far down the rabbit hole saying 15M float, post-R/S fully diluted shows a float of 62M with 38M of restricted making up the 100M total. Correct me where I'm wrong...
The news doesn't change my concerns one bit nor does it address the potential of 40M additional post-R/S shares on top of the existing float. We'll see. Play as you see fit.
Amen. Ditto. This will be a test of how many trust this company...