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Appreciate it Shell. Very informative. Thanks for the clarification.
Nevermind. I looked back at previous posts and realized Freeze and AMG already put this one to bed. Sorry for the repost.
Shell.. I found this link breaking down Cannabix for other potential investors and it had some negative things to say.
https://seekingalpha.com/article/4136895-cannabix-technologies-98-percent-speculation-marijuana-stock
Was wondering if you could take a peak and maybe debunk some of the points mentioned.
http://www.cbc.ca/fifth/m/episodes/2017-2018/driving-high-is-the-test-for-weed-reliable
Link to the episode on The Fifth Estate regarding high driving and false arrests. This aired on Jan 26th. Queue in BLO to swoop in and solve the problem. My confidence in this company just grows more by the day.
Season 28 - Episode 4 - 'Driving High' aired January 26th, 2018.. for those interested in taking a gander.
In regards to the 80 million budget you mentioned. Check out this article. CAD government is rethinking that now. Coincidentally after BLO announced completion. Hmm.. they may just spend the 80 Mil with BLO lol
http://www.cbc.ca/beta/news/canada/marijuana-drug-impaired-driving-test-1.4503929
For my American friends.. we have a news show in Canada called The Fifth Estate.. which discusses political issues at hand and just yesterday there was an episode on people falsely accused of insufficient roadside testing and the need of a better roadside apparatus for law enforcement, they actually mentioned word for word "you would thank they have a breathalyzer for drugs, But they don't".. when word spreads to the Canadian goverment that a working breathalyzer exists it is likely BLO will land government contracts in abundance. Only a matter of time before this stock blows up. Spring 2018 I think. Just my opinion.
I'm not sure about this nanogram stuff.. but my understanding of what the limits will be from a Canadian standpoint is based on a timeframe you have to wait after you smoke to operate your vehicle.
Bill C-46 under the newly passed Cannabis Act focuses on measurement for impairment on Canadian roads. To my knowledge the wait time will be 4 hours. Because the metabolite THC-9 (the component of marijuana which gets you high) takes 2-3 hours for your body to metabolize into THC-11 (the metabolite which stays dormant in your system for weeks after use).. FAIMS separates those metabolites.. so if the device detects THC-9 in your system it will tell if you recently smoked. If it picks up THC-11 it will know if its just old weed in your system and you are really not high at the time the test is administered. This is to the best of my knowledge.
I'll be in St.Barts sipping on a mojito while reading Hoyos posts about Hound having a superior device.
I'm trying to pick up some more cheapies right now. Imagine that a cheap share over 2 bucks! What a time to be alive.
Cannabix is not a MJ stock. Therefore it doesn't behave like a MJ stock. Absolutely right it is a technology company which will benefit from the legalization of weed.. Big difference. The main difference between this and an MJ stock is that an MJ stocks will only flourish contingent on legalization happening. This stock will flourish regardless if weed is legalized or not because ppl will still smoke it and the need for this device will still be present.
That's actually huge. Official government acknowledgement for Cannabix. Great find.. to anyone who has private messaged me I cannot respond as I do not have a paid membership on this site. Rest assured I have read all today and I thank you for your guidance and support. A wise one told me "we can't save em all" .. truer words have never been spoken. I am patiently waiting each day for BLOZF to announce what we all know is inevitably coming. Happy New Year.. 2018 is gonna be a ride.
What perplexes me Hoyo, in all honesty is your apparent love for the sister BTH but such disdain for big brother.. both devices using the same technology with different applications.. you believe in one but not the other.. it is very puzzling to say the least.
I am posting an email I received from Rav Mlait back on October 11th 2017..
"Hello
We have been continuing to test with Beta V 2.0 and will begin testing with v 3.0 shortly. As we pointed out in our last news, there have been many design changes as we get our device ready for broader testing. There are a lot of good things going on.
We also mentioned in our last release that we are in discussions with an institution in the US for more robust testing. Both groups are preparing for this and we hope to provide an update soon.
Rav"
As per BLO management they were preparing for more robust testing with 3.0 back in October.. would you consider those "trials"?
Right.. let's hope those "basics" hold up in court. "Using proprietary science and technology we are able to measure THC in breath in ppt" ...Using science?? Wow great explanation! My 2018.. is Hound free.. I honestly never worry about them.. and you continue to obsess over this company like a crazy ex girlfriend. Let them keep their scientists. I trust Yost and his contributions to this field already. Great things take time and Cannabix taking time to get it right.
hahahah Nice! Looks like we are all laughing on our way to the bank and some people are still doing research on Hound. This was without a doubt the best decision I have ever made.
Roland I can tell you are much more reserved today.. Can I get a 'can't stoppp won't no we wont stopppp' .. Lol congrats longs
I would agree with you on that. Just seeing some additional purchasing funds in my account and trying to make sense of it. Funny enough I trade on the BLO side.. And on Friday we closed at 2.04.. the amt I now currently have access to is (my number of shares x 1.02) I did the math and it represents that number to a tee.. which I find odd.. exactly half the share price of Friday's closing number. I don't know if I'm bugging out.
I think they are going to announce a stock split tomorrow. Half share for every share owned. I'm seeing my trade account reflecting some VERY good changes lol.. i could be wrong but I'm praying I am not
I love JMO time! Intriguing I definitely agree there will be another private placement soon. Next 2 months will be very interesting.
Law enforcement actually begged the Liberal government to push the date back. They said there is absolutely no way that's happening.
Right lol
Definitely some other ppl who can answer that better than me.. I'm invested on the Canadian side and it has been holding 1.30-1.35 all day with little to no fluctuation. Possible sign it's stabilizing at the current price.
I look at this deal as a very good thing. Cash on hand to complete testing.. finalizing.. miscellaneous costs. We probably won't see Kal selling very many shares now with this. Will allow the insiders to retain their stake in the company while they get this device ready to go!
Possibly for a couple months. When Aurora did their 40 million placement deal with Canaccord in April they were sitting at $3.. even with heavy dilution the sheer momentum of the sector lifted them to where they are now. These Comark guys got a big discount. Says they can get another 3 million shares at 1.60 CAD within the next 36 months. Will definitely be excersised when this is sitting at 50 bucks.
Lol.. he's right Mr Gilmore. Take your shot.
http://montrealgazette.com/news/quebec/quebec-cannabis-provinces-strict-marijuana-law-leaves-sales-to-saq
"Ottawa has assured the province the necessary equipment to test for drug levels in motorists will be available by July 1. In the interim, Public Security Minister Martin Coiteux said, police officers are trained in the traditional ways of checking for impairment like testing reflexes"
Shell in your honest opinion.. do you think the price will climb up on tomorrow's open or further selling to drop price back down below $1? I know it's not for sure and will not hold you accountable in the event you are wrong lol
Nobody here has a crystal ball friend. Whole MJ sector is down. No one tells anyone when to buy shares. We are all adults here who make our own decisions. "DYODD" as I recall seeing time and time again. We can only speculate on the rises and falls. But trying to publicly riducule someone for having an off prediction is bad board etiquette. Regardless.. in less than a year from now anything purchased in the 1.00-2.00 dollar range will be a steal.. since we all anticipate this is just the beginning of BLOZF's progress.. so for a long with patience it makes little difference. I see everyone saying "I got in at 0.09 I got in at 0.12..blah blah blah" like some big pissing contest. Every investor has the right to an opinion whether you bought in at a penny or a dollar. We are all here for a for a common goal and squabbling amongst each other contributes no value to this board. I am here to gather knowledge from ppl who know more than me.
Also.. the entire MJ sector is down as a whole today. Not helping the cause but brighter days to come.
Yeah it's bound to happen a lot of ppl shorted this stock. Hence the shorters dropping the price now. It will bounce back regardless.
Shorters are in full effect this morning
Guess I still have some learning to do. Maybe I misinterpreted you. Honest mistake. Good luck to you.
No but I'm happy with this past week.. I hope it continues to climb further today. If not there is still more news to come and $ to be made. We have all been patient so that's not an issue. I'm sure you have made a lot too so you shouldn't shoot ppl down for expressing optimism and call ppl liars. The mood here is a happy one and we all know the potential this company has.
I said only if you think BLOZF has peaked lol. It's open for interpretation. Apparently we are hyping it up? Shell knows what he's talking about and has been a pretty good admin
Well you are looking at me and I feel quite validated by that. Glad you got in early. But whose lieing? If you think this stock has peaked then sell your shares. Something tells me you probably will hang on to them though.
While this was sitting pretty at 0.58 for 3 months I was picking up cheapies 1000 shares at a time. Oh the good old days.. us longs have enough shares to relax and enjoy the ride now.
I know we are all excited and waiting to see this stock reach its true potential. Longs in particular. But we need to now understand that this stock has evolved into something else. It's receiving a lot of attention now and with that attention will come shorters who will run up the price and then drop it back down. So on this runs we need to be mindful that not every run will be reflecting true value at that given moment. Eventually when this crosses 3-4 bucks we should be able to clear out all the garbage by then.
The funny thing is even with the pullback and profit takers the stock is still up 23% today lol