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POTN...FY18 Revenues will be over $24 million and they are trading for .26 cents....load the boat this is going to dollar land....fully audited financials...now sunrise auto mall is just icing on the cake...lol...buy a car get a free month's supply of CBD oil.
Yeah, eventually this is going to go up. They have huge revenues.
The news about the audit is the biggest news up to this point. The SP has been suffering over the last year because people were hesitant to believe the numbers however NOW THEY HAVE BEEN VERIFIED. POTN has huge revenue and is trading under .30....absolute BUY at this SP. Picked up 60k yesterday and today.
I'm still down 23k at the moment....holding to see how this turns out. I'm sitting on roughly $5k...so it's either going to go up or I lose my $5k. Either way I'm happy with what I'm holding.
Yeah, roughly 300k
800k ish....
A good price to get in at is one that you are comfortable taking the risk at. Personally my initial buy was .055, then it tanked and I just loaded the boat at .007. Now my average is .02. If you are a flipper then don't buy. If you are an investor anything around this price point is a good buy. A lot of companies lose money in their first few years of operation. Look at everyone one of the big weed companies. They were all losing money starting out. PBYA has a huge revenue stream with a lot of upside. They have increase revenue for 7 straight quarters. The acquisition of Visyon will be huge. So the bottom line is the risk vs reward worth it. To me it is. That is why I am now sitting on 800k shares. Last but now least there is a reason that Jewish people have the stereotype they do....they know how to make money.
Lol....yeah I remember that. Also remember the cartoon.
Still waiting for those @$%^% financials.
Yeah, I agree with you. I don't flip I invest. One reason I'm down $24k right now. I'm holding to see how this plays out, and hopefully get some green out of it. Their revenue is solid but they are going to have to get the cost of that revenue under control so we can start seeing a profit. A lot of new startups lose money the first couple of years that is just the cost of doing business. The key in the Q's is to start seeing the revenues outpace the cost it takes to create that revenue.
We need to see some kind of update....Q or acquisition news...something.
Yeah, I understand that also. My example was referring to a maxed out OS. A 100:1 RS would take the OS to 50 Mil
A 100:1 RS would take the AS from 5 bill to 50 Mil...that is what he is trying to point out....
Agreed...terrible idea, but even at .05 it still only had a MC of $3.5 million...still undervalued at that SP. At .10 a MC of $7.5 million. This should be trading over .10 given its fundamentals. However its trading under .01...that's what I mean by the OTC. Up is down and down is up...there is no logic to trading in the OTC. It's just catch a runner and then get out before the other guy does.
The missed financial statement release is what's killing the SP right now. Anyone lucky enough to get their initial buy in at this price will see a nice return. The market cap is roughly $600k and their running rev is $16 million. Extremely undervalued right now.
74 mil OS..$8 mil in revenue in first 6 months of FY18. Acquisition of Visyion in the works...
Exciting times...I bought in at .055....lol gotta love the otc. Down $24k
Closing on the acquisition of Visyion is the news I'm waiting for. That alone will add millions in revenue and 70 more employees.
If they use it for acquisitions it's good news for the shareholders. If they use it to pay the bills...not so good for the shareholders.
The one bright spot is there is clearly no dilution going on right now...
My avg is still .0012. I'm still in the red...yayyy. I'm telling you the only way this is going past .005 so he can raise money with that public offering is to do an RS. If anyone else on here has a legitimate answer to how the SP will get past .005 without one please share with the rest of us.
I'm still waiting to see how Orie plans on getting the SP past .005 so he can raise $5 million to get this thing moving...told you guys that filing was garbage. That is why he didn't drop a PR with it.
Yeah, but since they up listed to the OTCQB it's a big no no. The whole reason in uplisting is because you are a more regulated and responsible company and it gives investors more confidence to invest....this is their 1st filing since uplisting and they are blowing it.
Being so late on the financials is not instilling confidence in investors...
I hope it turns around...at this point I'm down $24k and at this point it isn't worth selling...so I'm stuck being a long....so here's hoping they get things moving in the right direction.
Because people are worried about dilution. It doesn't matter if it's true or not. The fact that they raised the AS from 500 mil to 5 billion scares the crap out of investors. So until they release the Q and explain how they are going to pay for the business going forward it will stay around this price or decrease.
Patience will pay off big here.
It also clearly states the AS was raised to deter buyouts.
The last 14c also said they were going to do a RS and they never did. Looking at this current filing they raised the OS because they are going to need to keep funding the company until they become profitable or can get other loans.
Even a 100 to 1 RS wouldn't get them to th SP to list on the Nasdaq. $4 minimum required. So they wouldn't do an RS till this gets to at least .05...
There us only 77 million shares what is the point of an RS
Double fisting us...a RS with an AS increase
Well unless they drop a good press release explaining this move there is going to be some carnage come monday
Yeah I added 75k at .0195 also. seems like there were a lot of shares available there. Lot of people getting out for the weekend. Hopefully we will see the Q soon and see what has been going on with the company. Also interested to see the new OS.
I'm holding long here... .20 cents plus....unless it runs to .40 plus then I'll sell everything and take my chances at rebuying.
Clearly I'm the only one on this board that is not afraid to call a spade a spade. I don't care how much I'm holding I'm not just going to blindly say this is going to pennies and dollars just because a filing was released. The filing clearly states that Orie is the only fulltime employee and will take a $75k salary at the end of the year (very reasonable). While there are 11 part time employees. And by looking at the filing the salary of those 11 employees only cost the company $66k in six months. So that means each employee is only making roughly $550 a month. Not a lot of work going on for $550 a month. Next since you seem to know so much please explain to the rest of us how this company is going to get to over .005 so that the 1 billion shares will be worth an investors risk. I am still long here but I'm not going to pretend there isn't uncertainty here and people should invest accordingly.
I just added more. I'm sitting on 850K at an avg of .035...yes I bought half my shares at .05 on the run up that Friday. I've been avg down ever since.
I'm ready to see news on the Vysion acquisition...
Guys I'm still here but that filing was not great news. It has caused a lot of uncertainty. It clearly states that Orie is the only employee of the company. It also states that somehow he is going to try and get people to pay 5x more for shares than what they're currently worth.
Yeah the low amount of shares trading is pretty good proof that notes aren't being sold currently. The previous 3 weeks however were a different story.