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MNTR poised for big run.. profits up.. stock hilariously undervalued and should be at $.30 based on revenues alone. Should be at $1.50 by EOY and $5 by EOY 2024.
$MNTR FORM 10K OUT: https://www.otcmarkets.com/filing/html?id=14871524&guid=eTFpUH1fVoZtoth
2020 Revenue up $610k over 2019 (15% increase in COVID year)
2020 Loss down to $1M from $1.7M loss in 2019
2020 Net Income -$786k vs -$3.4M in 2019
Stock is wildly undervalued.. will be $.50 by June 2021
$MNTR headed to 1+ ... Other cannabis BDCs PPS are at 4x-8x revenues. Expect ER by mid-to-late month with revenues in the $1.4M range for the quarter and $4-$5M for 2020 with path to $6M in 2021. PPS should be at $1-$2.50
https://www.nytimes.com/2021/03/31/nyregion/cuomo-ny-legal-weed.html
NY makes it official and mostly immediate! 3oz of weed can be possessed by adults for personal use and 24grams of concentrates. Weed can be smoked anywhere smoking is allowed. Pot convictions will be expunged.
HUGE move for MJ industry... MNTR
EOY 2020 results by mid April. Expect ~$4.7M in revenue YOY, and an increase in rev for Qs 3 and 4. NY state just cleared legalization.. MJ stocks are hot!
EOY results in roughly 2 weeks.. NY cleared the legislative hurdles blocking MJ approval. Formal approval within 2 weeks. Load up, the train is about to leave the station.
Next stop $1..
$mntr EOM ER coming.. expect $1.5M in revenue.. 20% increase YOY sales. Expect $.50 after ER and $1.25 by EOM April
Final vote on NY legalization of MJ happening possibly by EOW. Full legalization is expected. $MNTR (pot stocks)
Quick DD on MNTR... YOY Rev = appox $4.2mm. Float = 19mm shares.. pps = $.24 (yesterday closing), which makes a market cap of ~$4.5mm.
Other cannabis investment stocks are trading at 4-8x (even 100x!) multiples on revenues. If this stock simply got some respect for its growth and a sector-wide multiple, we'd be at $1 tomorrow.
ER expected by EOM or early April for EOY 2020. NY MJ vote coming soon.. cannabis is hot!
Next leg up starting.. don't miss the boat!
$MNTR huge move yesterday... still undervalued tremendously. Should be trading at $.50+. Look for next leg up after fins come out soon...
$MNTR still undervalued by a factor of 4x. Earnings coming within 2 weeks and should push this to $.50+.
$MNTR $.35 coming.. on the way back to $.50+. Financials coming.. deregulation with cannabis coming.. solid investments panning out.
$MNTR shorts are covering... They know a big run is around the corner and they're getting out now. Get ready for the boom after this dip!
!!BOOM!! Big push up today in advance of financials and nice volume again.
Pot stocks are on fire in the OTC, and this is one of the more established ones. Momentum building toward $1+
$MNTR earnings coming. Current OTC reporting.. solid BDC.. investments panning out. Should be $.50 based on current revenues alone... $1-$2 based on upside... Dont miss out!
$MNTR completely undervalued.. earnings report coming soon. Expect $5mm+ ARR. Current market cap: $4mm. Other pot stocks trading at 2-3x revenues. Should be anywhere from $.50-$.75/share before it trades in-line with the market. GLTA
Completely undervalued.. should be at $.50+ and should even be valued in the $2-$3 range. Don't be scared by Chett selling his shares recently. He does that every year for the same number of shares. It's his yearly bonus, not an indication that the business is suffering.
Real revenues.. real company.. 1/5th the value at minimum it should be.
The amount of hysteria here is pretty interesting, but I think the last few days are pretty easily explained in that there was a substantial amount of shares that on Monday had their strike price changed from $2 to $.002, which meant they were now "in the money". The selloff you're witnessing is likely the direct result of the shareholders of those exact shares (Based on some DD I'm estimating at ~500mm shares), in coordination with MMs, liquidating those shares.
Anytime you have a large supply the price will drop and that's what we're seeing. As long as the price was relatively stable at .007+, those shares were worth ~.005/share and at 500mm shares that's $2.5mm. In 3 days we've liquidated ~400mm shares and depending on what these shareholders want to do, we could be another 100mm shares still to go today.
If you were the holder of those shares and were granted that change in strike price that was worth that amount of money, you'd liquidate too. Even if they liquidated 400mm shares and kept 100mm, it would still make sense and be worth it to cash in now.
The company's outlook hasn't changed, we've not be lied to, we've not been duped, this is not a scam, this appears to be a coordinated event precipitated by the change in strike price which was put into a PR on Monday.
If this is true and is indeed what happened, then this action will only clean up the share base from individuals who didn't want to be here anyway, and has essentially transferred ownership of those shares to investors who are now looking for substantive gains - i.e. "the float is more locked" as people like to say on this board.
I could be wrong, but I think this by-far is the most logical explanation to what has happened these last 2 days and is likely one of the final costs of using the ANDI shell to go to market.