Goals: 1.Fund my parents retirement. 2.Dominate Asian hoops, yo!
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Vertical integration model just makes sense. Squeezing as much as possible from all overhead dollars. Great news for shareholders. $FTEG
Solid volume. Lets just see a little more pressure on that ASK.
Nice accumulation here. This can only coil like this under this kind of volume for so long and then pop goes the weasel. $FTEG
Volume shows some strong renewed interest in developments. The maxim is: First comes volume then comes price.
Some volatility here as nervous hands get shaken out. $FTEG
Shares reduced by 50% to 10 Billion is major vote in favor of shareholders by FTEG.
About For The Earth Corporation
For The Earth Corporation is an emerging integrated CBD producer and retailer in the United States. The Company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets. Two mall leases have been signed recently in Las Vegas, with another vending machine location secured in New York City. The Company plans to expand its New York vending machine penetration by the end of 2019. In addition, the Company has begun early-stage work to establish a state-of-the-art CBD extraction and production facility in Eugene, OR.
March 21st PR: For The Earth Announces Sharp Reduction in Dilution Risk and Authorized Share Total
ACCESSWIRE ACCESSWIRE•March 21, 2019
PHOENIX, AZ / ACCESSWIRE / March 21, 2019 / For The Earth Corporation (the "Company" or "FTEG") (OTC PINK: FTEG), an emerging vertically integrated CBD producer and retailer, is proud to announce that it will be cutting its total Authorized Shares by 50% to 10 billion and reducing its forecast for capital requirements in half due to recent improvements in operational efficiency and projected growth in returns on invested capital in coming quarters.
"As we navigate this transition into a fully vertically integrated CBD producer and retailer, we want our investors to know that we are committed to avoiding dilution along the way," noted FTEG CEO Nelson Grist. "We have taken a number of steps to ramp up operational efficiencies, including the establishment of a tailored product logistics facility in Phoenix. We now believe the path to strong revenue growth will be far less capital intensive than we have previously assumed."
Management notes that recent increases in analyst expectations for growth in the CBD space (now anticipating a twenty-fold ramp in total sales volume over the next 36 months to over $20 billion in North America, according to several prominent forecasts) is also an important driver for the Company's reduction in capital needs and share authorization. The Company now sees both a more efficient path to initial revenue growth and a steeper growth curve beyond that point.
In addition, management also notes that the Company has no immediate plans for a reverse share split. "Our assessment of our growth potential once CBD production and distribution is underway at full scale suggests no need to reverse split our shares any time on the foreseeable horizon," continued Mr. Grist. "That said, there are times when a reverse split strategy can be in the long-term best interests of shareholders. So, it's something we would consider if we believe it will augment our growth prospects. But, at present, we do not have any plans for such a move given the organic growth potential we believe we are tapping into as we ramp up our integrated CBD operations."
Its the way that FTEG is following through on vertical integration vis a vis the CBD production facility in Phoenix that really sets this ticker apart.
Reduction of the authorized here is a big enticement for the market. $FTEG
$DVLP is going to have a big week again. Watch for a major push. Big money coming in this week.
$DVLP is going to have a big week again. Watch for a major push. Big money coming in this week.
$DVLP is going to have a big week again. Watch for a major push. Big money coming in this week.
$DVLP is going to have a big week again. Watch for a major push.
Agreed. Watching for that all important follow through.
$DVLP needs to be in your top 5 list to watch for Monday.
Edibles should be a bigger market eventually. $DVLP
If we got an update on that it should be a major catalyst.
$DVLP already has a successful footprint in 5 states. Not just a development stage company.
CBD edibles could be bigger than vaping ever was.
More reason why edibles is the way to go:
"A recent Forbes article said: "As more states legalize cannabis for recreational use, edibles will become a huge market for entrepreneurs. In California alone, consumers gobbled up more than $180 million worth of marijuana-infused food and drinks last year, 10% of the state's cannabis sales, according to industry research reports. And it's not just California that's seeing a growing edibles market. Sales of pot-infused treats increased 121% last year in Washington state, where recreational marijuana is legal, according to cannabis analytics firm."
Edibles is the way to expand this sector into promising virgin territory.
Theoretically we could see a very big spike the start of the upcoming week, especially after shaking out those day traders and all the recent accumulation.
I'm hearing this is back in play this week $DVLP.
1.5 mil volume and the green margin growing. Afternoon is being friendlier to $IMTL than the morning was.
Just the name alone makes me want to add this to my portfolio.
I remember when this was supposed to be the new bitcoin that blew bicoin out of the water. Alot of the founders are genuises based in Hong Kong.
Once again. No 4K in sight. C'mon North Korea! Stop that crazy dumping!
An amazing pump like this is bound to have a reaction...
Money Money Money being made today. Somebody just put their kids through college in a day.
Almost 32Mil in volume and not even close to power hour.
Holy cow, 1291 posts and up 200%. What a masterful play $PLWY.
Not just that, at that point we are talking uplisting I would say, and I will be very satisfied with all this $IMTL I've tucked away for a rainy day.
"Kodak" on a PR here would not just get the attention of the OTC but possibly some main stream news coverage as well. $IMTL
Elegant simplicity. Not only does it facilitate cooperation, but profit. Good news for $IMTL:
Rather well done $IMTL video:
Good news should scoot this back up to 1.
Smattering of volume. Lets see if that increases.
Lets see if these MM's behave and let it run.
Have both eyes on this for Monday morning.