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i41 am confident POTN will accommodate...lol..incessant_averaging_down_is_name_of_game here...
hiGail-still think shorts running for the hills? gl!
"investing" means you're going with the odds...time is on your side..
"gambling" (penny stocks, casino, horses, etc) means your trying to beat the stacked-against-you-odds....and time is not on your side as the more you "play" the more likely it is you'll be losing...
you appear to be a master of rationalizing and willfully ignoring a plethora of red flags waving majestically in the POTN breeze...
this company has issued OVER 200,000,000 SHARES IN LESS THAN A YEAR --- AND DIDN'T GET A DIME BACK IN RETURN!!!
meaning your equity stake dropped nearly in half in less than a year...
pitiful company ... reiterate..."financial black hole"...
no one with an ounce of common sense would be investing in this obvious pennystck trap...
gl!
first, mgt didn't report EPS correctly..2018=.0003/2019=.0000...shows their flying by the pennystock seat of their pants...
march 2018 revs = 6284
march 2019 revs = 6183
preferred stock = 50,000 authorized/34,289 outstanding -- all convertible at .0018% of outstanding common...meaning additional dilution of 415M->600M more shares!!!
this company is a NIGHTMARE!
GL
Your conducting your "analysis" through pink-sheet-colored-penny-stock glasses...meaning you think you've found a "hidden gem" and its gonna zoom in value one day...
this is a penny stock trading vehicle whose pps is solely a function of sentiment and manipulation...not an "investment" in an early stage long term winner...
it's a clunker...a dud...a financial black hole...gl!
you_characterize_YOY_TopLine_Decline as "expanding_quite dramatically"?!?
after 1 year their revenues ... DECLINED!...
ao, in effect, the more they spend the less revenues they produce...lol
now, since sept '18 they have expanded one thing "quite dramatically"...and that's over 200,000,000 shares of DILUTION!
and, what's more, they couldn't even report their EPS numbers correctly...and NOT A SINGLE LONG NOTICED!!!
2018 EPS should've been .0003
2019 EPS should've been .0000
or, was it intentional to deceive shareholders that they could actually report a positive EPS?
Indisputable Numbers:
They reversed EPS results for 2018/19...2018 should be .0003 and 2019 should be .0000. Seriously, folks, POTN can't even report their EPS numbers correctly??!! And you trust them with ur money?!?
Here's dilution of 45% in LESS THAN ONE YEAR:
sept 30 2018 468M
dec 31 2018 569 M
may 2019 675 M
and 50,000 authorized/34plus thousand issued Preferred Stock Class A convertible at .0018% of outstanding shares equals 415M-600M extra share dilution!!!!
But, wait, there's more!!!
YOY revenues declined...
YOY profit declined...
Cash-on-hand = de minimis = hello more dilution!
The ONLY THING "fast growing" about this company is the accelerating pace of DILUTION..
gl!
Your Honor, the Market_has_reached_a verdict: "BOOOOOOOOOOO!"
POTN-only company i know that dilutes in 100s of millions and doesn't bring in a dime in return!!!
and...they even messed up the EPS reporting, mixing up the 2018/19 results!!
HOPELESS!!
Houston_Control..the POTN-DodoBird has landed..THUD!
2018/19 EPS numbers were reversed.lol...jeez, just do the math!! simple arithmetic!!
divide the profit by avg number of shares...
2019 should be .0000
2018 should be .0003
or, maybe you believe that 2019 EPS should be higher than 2018 even though the numerator is smaller and the denominator is larger?!?
the mgt team is HOPELESS!!
they made hilariously inept mistakes before on their financial statements..so it's nothing new for them...
how POTN "investors" can't even spot this speaks to their willful ignorance as the blindly trust mgt instead of independent judgement..gl!
POTN Dilution Diner => OPEN 24 HOURS!!!
you're "sure" your "investing" in a penny stock will pan out well for you?
i feel sorry for your family that that's how you're "investing" for their "financial free future"...
the fact that this company is a penny stock -- and one with multiple Glaring Red Flags -- means it's already a failure as a company.
you're gambling, pure and simple -- not investing.
investing means the odds are with you over time...
gambling means the odds are Always Stacked against you, but you think, believe, hope, pray you'll beat 'em...
gl!
"The only negative is revenue decline YOY." ok, this is the most hilarious post of the day! tx!!
tx, chargers! i do worry about my own...that's why i keep getting wealthier and wealthier...by not "investing" in peeny weeny pennystcks -- especially ones that can't even get its EPS results straight on the quarterly statement! haha
you "longs" didn't even notice this coz your too busy indulging your delusions of wealth and fame...
POTN must love its willfully ignorant shareholder base - who can't even be bothered to actually analyse the financials but rather just takes mgt's word for everything...
gl!
POTN_even_mixes up '18/'19 EPS on quarterly!!! hopelessly inept!!!
i've noted this on two boards since yesterday.
not a single "long" even noticed this..and i don't even have any skin in the game here..lol
what a classic pennystock scam...
gl!
immaterial- how about the over 50,000 authorized/34,000 o/s Preferred Stock with a conversion rate of .0018% of outstanding shares?!?
that amounts to another 90% dilution, i.e., 600,000,000 additional shares!
this outfit is a classic pennystock...it's a clunker..
they couldn't even get their EPS numbers straight on the quarterly statement!!!
gl!
hey, silly- just look for a moment at the numbers your bandying about...
HUNDREDS OF MILLIONS HERE AND HUNDREDS OF MILLIONS THERE...you know they're going to be approving soon an increase in the 1bn authorized share count, don't you?
the conversion on the over 34k Preferred Stock amounts to a minimum of ANOTHER 415,000,000 SHARES TO BE ISSUED GOING FORWARD - AND THAT'S A MINIMUM!
look at the compay's cash position .... MORE DILUTION ON THE WAY...
SALES/PROFIT DECLINING?!?
You do the math...gl!
POTN = FOOL's GOLD lol
sure, gail! what's 200M (45%) DILUTION among sadsack shareholders?
your equity ownership stake in the company just went down by 45% since last sept.
and on top of the the company's top line/profits are ...DECREASING!!
AND, just for GOOD MEASURE (PUN INTENDED)
POTN MIXED UP ITS EPS NUMBERS ON THE FILING!! HAHA
i'm sorry, but i find this to be hilarious!
gl!
You're focused on the "float"? lol
The company can't even get its EPS numbers straight on its filing! (hilarious)...
Top line/profits declining...
Dilution accelerating...
Too funny! GL!
OOPS, sorry, gail but top line/profits going down? the only thing growing here is the share count!! lol
you got urself into a clunker...gl!
Land-You do the math and tell me what you find:
sept 30 2018 ***468M***
dec 31 2018 ***569M***
may 2019 ****675 M****
That's OVER 200,000,000 MILLION SHARES ISSUED IN .....LESS THAN ONE YEAR!!!!
POTN is playing games by having cancelled shares in 2018 (469M figure) and then reissuing by 2018 years end (569M), which is about the same as 2017 y/e.
Then the DILUTION PRINTING MACHINE BEGAN RUNNING FULL BORE!!
and so by May 2019 the outstanding sits at 675M!!!!
So, I say again...OVER 200,000,000 MILLION SHARES ISSUED IN LESS THAN ONE YEAR!!!
hey_gail: so_u_think goldmansachs will take 'em to nasdaq?lol
if you think the playbook i outlined is a "conspiracy" theory, then you know nothing about peeny weeny pennystocks.
i hope you have a lot of compassionate friends who can take you in when your "investment" goes bust and mortg payments come due!
also, if potn is a "fast growing" company -- (which it is with DILUTION, ie, over 200,000,000 shares issued in less than one year == and for which POTN didn't even get a dime in return! holy s$#t!)...
then how come the top line/profits have gone down year over year?!?
GL!
INSIDE SCOOP ON UPLISTING!!
Here's what happens when a pennystock uplists:
1) HUMONGOUS reverse split accompanied by..
2) MASSIVE DILUTION (you'll see they'll characterize it as "cleaning up the balance sheet") and...
3) an artificially higher price (due to r/s) that will attract shorts to POTN like bees to honey.
Oh, and by the way, the "uplist" will be handled by a 10th tier investment house like Maxim, which will charge POTN a fortune and then peddle the stock to gullible retail "investors" while issuing hilariously absurd inflated price targets! lol
GL!
sbweed-EPS numbers mixed up + Outstanding Shares up over 200,000,000 since sept '18!!
sept 30 2018 ***468M***
dec 31 2018 ***569M***
may 2019 ****675M****
That's OVER 200,000,000 MILLION SHARES ISSUED IN .....LESS THAN ONE YEAR!!!!
March31 EPS results reversed on Quarterly Filing! lol
This company is hilarious!
March 31 2019 should be .0000
March 31 2018 should be .0003
This gets funnier by the minute!
Plus, over 34,000 Preferred Stock Class A convertible at %.0018 of outstanding shares... means another 416,000,000 shares dilution MINIMUM!!!
Revenues Down year over year...
Profits Down year over year...
Expenses UP year over year...
At least DILUTION is growing fast...
sept 30 2018 ***468M***
dec 31 2018 ***569M***
may 2019 ****675M****
That's OVER 200,000,000 MILLION SHARES ISSUED IN .....LESS THAN ONE YEAR!!!!
mcshrk-if u read further you'll see..
"...Effective May 2, 2018, the compensation committee increased the amount of the Revenue Bonus to $403,623. Effective December 27, 2018, the compensation committee approved a bonus opportunity of $150,000 for the calendar year ended December 31,2019, that would be payable to Dr. Hayward under the same terms as described above."
thus, the revenue bonus was Raised from $121,125 to *** $403,623 *** for reaching $3M in 2 consecutive quarters.
it also looks like Another $!50k was tacked on in Dec 2018 for the 2019 calendar year "under the same terms" as outlined in the incentive clause.
I don't know about you, but to me this was a RAGING signal that APDN was coming into $$$$ in 2019, and for that reason I loaded up on Feb 11.
I did sell most of my holdings at $.82 when the theracann contract came thru, and will let the rest ride.
This is my last post here.
Good knowing you all and, as mr. spock used to say, "may you live long and prosper"!
S_O_L
Congrats2All! GreatCallFoose! SOLbidsUFondFarewell!
40's beckon on no news...
one_good_thing...a respite from the pumping..lol
new_at_this. How reliable is the "smell$$$" buy_signal? tx!
i think ur grasping at "straws"...
at any rate, the current administration over here is in favor of accelerating environmental damage, not in containing it. So, don't expect federal support for any green initiatives. The national agenda on the environment is to deny deny deny and leave future generations (or "generation"?) holding the bag.
good point. i see rugelach edibles as_the_path_forward.
you don't need "charts", tarot cards, seer stones, cloud readings, animal entrails or tea leaves 2see the stock's been going up backed by positive sentiment and a dash of manipulation ...lol
the only person on the face of the planet who could possibly use technical analysis in any type actionable way with consistently positive outcomes would be jim simons - and that's because he's a gifted genius surrounded by other geniuses and equipped with cutting edge computing power that one can only dream of - and powered by the most advanced financial algorithms known to humankind.
anyone else touting "charts" and "resistance points" might as well be using astrology or spinning a bottle 2plot investing strategy.
technical analysis is full of oh so impressive sounding jargon, which i suppose makes the adherents feel important and special, but it's ultimately as productive as flipping a coin.
anyway, if it really worked, why weren't the "chartists" showing up in the forum and touting their skills 2make $$$ shorting apdn when it was $2-6?
gl!
'nuther solid day in the books...
dipped a hair's breadth below_60, but recovered. good_sign.
yes, assisted by several late session incremental buys at the ask, but who's complaining?
unlikely. pent up expectations will continue 2support the pps until news validates or not.
yes, pps could slip n bounce around the 50 handle for awhile, but wholesale "dumping" probably isn't in the cards in the meantime. jmho
may want 2wait until 50's...
the good news is any revenue containing pr's, closed deals, etc. will likely push the pps up substantially given the current technical set up.
lots of accumulation n anticipatory sentiment that's been building around the stock in the last several weeks.
net net risk 2the upside.