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Should come out with Rev on Vegas show Mon or Tues....guesses on that are 600k- 1M I think.
Welcome to WeedMD Inc IHub Bullboard
Massman, Smoothinvestor was just trying to help.
Happy Thanksgiving everyone......
Upordown your delusions of having the authority to tell me or anyone else on this board what they can or can't post here only serves to make you look pompous.
I'm not trying to tell you what to do, but if you would just take a dip into reality from time to time you might enjoy the swim.
BullMarket you are going to do good in the stock market as well as life.
After the Vegas show in August POTN announced their sales the following week. With thanksgiving being this week it may not be till Monday when we get that number.
The number should be a catalyst for a move higher.
Floridainvestor I think it was, said he believes they did around $1 million at the show.
Ok boys and girls don't forget the equity markets close at 1:00 on Friday.
Whoa.........ok.......sorry
Oh boy, what are you seeing on level 2 now...is it snakes crawling around on your screen...are you seeing crazy colors flashing....Geeesh I told you to take a break.
Well please, in the future when someone tries to offer a helpful suggestion, try not to think of it as a occasion to grab your hatchet and spring from your chair.
Defending insanity is insane..only in the world of the crazy is getting bug eyed called work
Watching every little tick of the tape would drive anyone crazy...take a break, take a walk. A little cross-print doesn't reveal some kind of a mm conspiracy.
Awful lot of whistling past the graveyard.
Put your gummie bears down take a deep breath and repeat after me.
Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
Floridainvestor you're right....other guys ideas good too.
Here’s why they “said” no dilution
Remember that loan on their financials of $1,850,000 which bears a 8% interest rate.
and is to be converted into common stock at a price of .003/share.
Here's what the numbers look like:
$1,850,000 (the original loan amount) X 8%= $148,000 per year.
The $148,000 is to be converted at .003 per share which means they get 49,333,333 shares...lets round that to 50 million shares per year.
If they sell those 50M shares on the open market at a avg of .05 per share they get $2,500,000 per year.
$2,500,000 minus their original cost of $148,00 gives them a profit of $2,352,000 per year forever.
And POTN gets diluted 50M shares a year FOREVER.
Now let’s say POTN dilutes on the open market with those same 50M shares and they get only .04 per share (2/3 of todays price).
50M x .04 = $2,000,000 more than enough to pay off the loan in its entirety...0 owed ....debt wiped out.
And POTN only has 50m more shares in its float.(a one time event).
I know there are commissions and credit ratings etc etc to figure in, but this is still in the ballpark.
Please check my math, I'm pretty sure I got it right
P.S. I think they just meant dilution that's hard to find in the financials that they can get rich from.
And remember that money is coming out of your pocket.
They made the 450M restricted shares sound unimportant but the truth is they represent ownership in the company just as surely as unrestricted shares do, and they are going to trade at some point. Also they are figured into the eps NOW.
This is the financial they filed...as you can see it says 484,,920,485 Issued and outstanding on 6/30/2017
Stockholders’ Equity
Common: Authorized 1,000,000,000 shares, $ .00001 par value; 484,920,485 Issued and outstanding at June 30, 2017
89,571,121 Issued and outstanding at Dec. 31, 2016.
Did I hear him right...on the radio interview this morning did he say there are now 450M restricted shares o/s?...150M in the float plus 450M =600M shares o/s..the financials show 500M shares o/s at 6/30/2017.
It occurs in the interview at the 45:30 mark
None of those big blocks going thru so far today. That's good news.
Sold out in the first hour????? Sold out of product in first hour????...Who was in charge of deciding how much product to bring???
Seems to me that the $ amounts in that SEC complaint are just too small to have had any affect on POTN trading.
As usual JMO
Fir1 When I want friends I visit the cages at the local animal shelter.
The stock market is where I go to make money.
As to influencing people:
There are many people here that do not agree with my opinion.
That does not mean I don't like them (as a matter of fact there are many people here I do like, I can tell they have a good heart and that is what matters to me)
I am trying to influence them to think...don't ever plant your feet too hard in any one direction in this market...be nimble and be ready to change, preservation is the name of the game.
Many people here have allocated a huge (too huge) part of their portfolio to POTN.
Now they feel like they have to defend their decision and anyone offering evidence of a slightly different slant gets taken to the woodshed.
Don't attack.....think, research, dig...that's how you survive.
Just my opinion.
Has anyone besides me
sent a email addy to investor relations asking when they are going to release 3rd Qtr fins or are you all content sitting around in a circle whining that they haven't.
Fins were due out last week.
If anyone is interested in doing so here is the email addy
investor@PotNetworkHolding.com
Upordown, Awwwww you should make a christmas card with that in it. Oh, and add something like "Learn from thyself".
Vacamel, it is better to remain silent and let people wonder if you are lacking in education, then to post on here and remove all doubt.
WIC I don't particularly care when the fins come out....I'm just not buying until they do.
After the fins come out I may join you on the playground, I may not, I am hoping for a indication of share restructing.
WIC course I wish you guys well...me?..I'll wait for those fins
Upordown I know it all seems strange and confusing to you now, but some day when you are older, I will explain it all to you.
Looked under the bed, no boogey man.
Reporting 21,109 shares short as of 10/31/2017
https://www.otcmarkets.com/stock/POTN/short-sales
Guys you may want look at this...it is a filing by POTN
https://www.otcmarkets.com/stock/POTN/filings
Take a look at the filing on 8/11/2017 for the period ended 6/30/2017 page 8 which shows note 4
I make no assertions whatsoever....just something informed investors may want read.
investor@PotNetworkHolding.com is the email addy to contact investor relations. Perhaps if enough of us expressed an interest they might tell us when they plan to release the fins....send today
Just remember, news almost always trumps charts.
If you call everyone who disagrees with what you want to believe, a liar, how are you going to learn anything...and I don't mean just the stock market.
Amac, say this company has 500M shares o/s and the stock is at .06...then the market cap is $30M ....500M X .06 = $30M....now if you put another 500M shares in the market place (and get virtually nothing for it) the company cap is still $30M...what changes (all else being equal) is the share price which then becomes .03...so it is .03X 1B = $30M
It is like a 1 for 2 split...the company doesn't become worth twice as much....it is the share price that changes...ie cut in half.
The difference is in a 1 for 2 split you have twice as many shares so you have the same value.
If you do it the way this article says then there is twice as many shares o/s but you have the same number of shares and their value is cut in half.
I've heard of this 500M toxic shares hanging there..don't know if it is true...just trying to explain the numbers
Upordown...chill!!! take a gummie suppository and call no one in the morning......I was talking about the personal experience...seeing for ones self....didn't mean to run your train off the tracks.
And you call yourselves traders????...(he said in a gnarly voice)
No one went by their booth to see how they were doing at the trade show?
Vacamel, pretty sure no one much cares what you think.
Amac..lol.. Don't forget we must assert ridiculous price targets about every 20 posts.
Rather than studing every up and down tick of POTN your time might be better spent learning a little about the industry.
https://marijuanaindex.com/
If you don't like reading at least go for a walk.