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I never said they did not have experience , I said their competition has more .
Got ya and to that I agree . Im rooting for SGBY as much as anyone but it is not going to be a cakewalk like Oregon was and Im a litlle pissed off over the way things have gone lately but Im still all in on it .
A source for what ? And just because a company is privately owned does not make them any less of a competitor .
There absolutely is competition in this sector and they have far more experience than SGBY , as a matter of fact some of their competition are the ones who created the cannabis testing industry . There is a reason SGBY is still playing in the minor leagues and cant enter the largest cannabis market place in the world and that reason is competition .
Oregon is the minor leagues . Laws or no laws CA has a much larger cannabis market and far more testing . I would be willing to wager that labs like SC Labs do more business than all of SGBY's combined .
I'm not the one who laid out the aggressive expansion plans for CA , WW did .
What ever happened to WW's plan to enter CA ? One little lab in the middle of nowhere that serves no major market just isn't cutting it and certainly is not keeping up with the expansion plans laid out for investors . Throw in the filing debacle and this is turning into one big pile of crap . WW needs to get his act together before he loses his investor interest .
tempting .....
Im close to giving you a buy signal !!! haha
I would be willing to try anything to get the SGBY mojo going again !
What exactly would they be consulting on ?
Cannabis would be dried before testing .
Two cookies and a beer last time I bought in , of course that was many years ago .
I honestly feel outside companies are going to have a really hard time entering the CA market . I just dont think most have the capital or experience to compete in the most competitive cannabis market in the world , not to mention the private CA companies already have the customer base . CA is NOT going to play out like Oregon , Colorado or Washington and without huge financial backing I just dont see anyone walking in and getting a piece of the pie . So my hope is that SGBY can work something out with a major lab that has a legitimate market share already .
Location , location , location . Oregon is covered and is the minor leagues . I want to see them in the big leagues where the big money is . No location has the cannabis culture , disposable income and population to compare with CA . Thats all Im saying . Im loaded up on SGBY and like the business plan , just voicing my opinion on the expansion of the company .
Am I the only one starting to have doubts about their ability to buyout relevant labs in CA and actually enter the market ? If they dont land labs like Steep hill , Sequoia , SC labs , ect .. they are not going to be players in the largest cannabis market .
I think I need to take a month off from watching this shit show , its just going to piss me off . I loaded up on SGBY and think they have a good thing going except for their almost nonexistent presence in the biggest cannabis market in the world and the ever falling pps . Hopefully they have their act together by the time I start looking again . Good luck to all and go SGBY !!!!!
A computer stalemate ?
They really dont have any presence in CA and have fallen way behind their goal of entering the CA market . One little lab in the middle of nowhere is not good enough . These guys need to get it together and acquire labs in major markets and restore investor confidence .
I really dont understand whats going on with this thing . The market is not reacting favorably to anything they do , even when the business is going good . Too many hands caught in the cookie jar when dilution comes to destroy any momentum I guess ?
Im also pretty disappointed in their entry into the CA market .
Im all in again too . But Im a little concerned that they have fallen behind on their time table of acquiring labs in CA , I dont see anyway they can meet the goal they set on entering the CA market . Buying labs is what makes the pps move up .
In CA the cannabis getting tested is the stuff that is sold in dispensaries . The overwhelming bulk of cannabis sold in those dispensaries is indoor cannabis (check weedmaps to verify) . When outdoor is harvested it reduces the demand for dispensary sales because of people growing outdoor for themselves and cheap black market outdoor cannabis hitting the market . I would GUESS that testing could actually be lower during the outdoor harvest . This is just my guess but it would make sense because the majority of outdoor is exported and untested and what stays is sold mostly on the black market and reduces sales of tested cannabis from dispensaries .
They are also allowed to put that money in a bank and write off their expenses . SGBY is by far the best play in the cannabis sector and will become profitable much faster as well .
Can you give us a list of other cannabis plays that can use banks and get standard IRS tax deductions ? You cant make money if the laws will not allow it and SGBY has no laws in its way .
Very nice . I have had a pretty bad week for my timing on sales/buys but Im attempting to sell some positions and load back up on SGBY .
Very nice , a wiseman on this board once told me playing with someone else's money is the way to do it . I missed my sell on this one but Im sitting on 2 million I bought at .0006 . I certainly could have done better but its not over yet .
This thing is moving up and nobody can stop it .
This is a great development ! This thing is ready to go on a run .
What a call ! Excellent work , Sir .
Im a little confused with spcl myself but I figured I would add pkgm and let the whole thing play out . I also realize Im a bit out of my league when evaluating this situation too . Reckless gambling is probably what Im doing but it might just payoff .
Nice ! Just jumped in on PKGM at .006 for a couple million this morning myself .
How can we change that ?
Money is on this , my money ! We gotta get rid of them .
I picked some up at .0024 , maybe I get lucky .
SVTE is a little beat up today . Do you believe it to be a buy now ?
I was on the train for a little bit , I just dont see it going to the place Im headed . Good luck to you , Sir .
I still have mine !
Old farts sitting around drinking coffee that doesnt even get you high is probably not the best demographic for a cannabis play .
I would imagine the vast majority of new investors to BAYP fully understand the risks involved with this . Look at it as a bailout on your past investment . Good luck ,Sir .
Shouldn't you be happy to see this thing moving ?