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Paper orders? Stacks of paper orders? Who does that anymore? Can't they afford a laptop to track ordering? I hate to be petty but this is a little bit concerning.
Crez.. I could have got rich, but then i got high....
HD, the reason there is no news is because they are sandbagging. There new SEC lawyer was hired to help them pump the stock and if you look at his past you will see that he is fairly good at that. Part of the strategy is to come out with multiple pieces at once to help build momentum. I actually don't like the guy but he is going to help them get the price up sooner rather than later.
You have anything solid on that statement about Leigh Chuck?
"... We anticipate the need to raise approximately $1,500,000 in capital to fund our operations through December 31, 2019. ..." Guess we will see another 15,000,000 shares in the float soon. That should drive the price down to around .04 - .06 cents per share. Probably wise to wait until after that dilution before buying. Also, has anybody factored in the competition from CTTH, IGXT or CURR ? Seems they all make the same thing. Why would anybody prefer GCAN's method?
Totally agree with your assessment HD. Don't need any wannabe celebrities
I sure as hell hope they are not offering the position to Ryan. Last thing we need is a dude that wears hoodies and crunk to business meetings and PR videos. We need an executive with broad business exposure, not a "Little John" gangsta personality
Need to watch it right now XENA. Fall might be too late
Tempted to buy some of this.. I'm trying to better understand what AFH might actually say or do to justify appealing the delisting. I'm guessing that they wouldn't bother trying to do that if they didn't have a plan. But as Mike Tyson once said "Everybody has a plan until they get hit in the mouth". Anybody have a clue what their plan might be?
Better double check your math Hunterdog. Also, for me I'm using 4.5 as the factor as that is what i have noticed for the cannabis stocks i'm paying attention to.
The overwhelming volume of investors don't even know about this concept and won't notice it until revenue in the $Millions begins being reported.
Anybody know a reason for the drop today?
Don't need to be Nostradomas. Just look at the market cap and how the rest of the smaller cannabis stocks are doing. It's just math
I think you guys are being way too optimistic in your expectations for share price in the near term. Based on the market cap for some other cannabis stocks i'm looking at you can expect a share price of about $.90 centers per share within about a year. If it happens to pop over that during a spike then you should be selling some for sure. "After" real revenue is generated and "After" actual construction has begun on expanding production capacity we may see an additional spike based on the potential revenue increase that could generate. In my mind the best scenario could give us a spike up to the $2.00 range when construction of additional facilities is announced but then it would likely drop back down closer to a $1 and stay around there for a while because as we have seen building facilities and growing crop don't happen automagically. I don't think a base of $2 is likely to happen until sometime in 2021. After that it's anybody's guess as we don't know nearly enough yet to predict.
I think this company is crap. I do agree that up until now it's not been a pump and dump scenario but it's still crap in my opinion. Maybe I feel that way because i am from the neighborhood where these guys are located and I have seen a lot of crap come from there over the decades. However, I do think some money can be made here in a short squeeze. I don't know when it will happen but sooner or later these MMs are not going to have any room left in the road to kick this can down anymore and they will have to cover. I can envision the arguments among them trying to figure out what to do as nobody wants to have to pony up and they keep the pressure on each other to 'handle it'. Whichever one of these MMs started this naked short chain should be worried by now
For those that are talking about it, i wouldn't assume dilution will occur. Leigh has seemed to have a soft side for investors and we don't really know what options they have available. They could get bought or they could partner with someone that wants to be 1st in line for their product. Almost everyone in now is in a really good place and has little to fear going forward. The only thing i can think of worse than dilution would be debt but as we've seen they have gotten stuff done with shares before. Everyone wants to be on this ride
"Other applications being researched include the eCell proprietary technology modified for a number of transportation modes. Delivery vehicles and others, with adequate roof top availability, either land or maritime based, are perfect candidates for the Triad eCell technology..."
"One of the applications being tested by the Triad Pro Innovators research and development team is a utility scale energy storage device using Triad’s eCell technology which would be capable of many decades of peak shaving costs related to electricity being consumed by corporations. "
For whatever reasons, they chose to focus on golf carts for now, but I can think of a ton of other applications that their technology would work great on. Don't be surprised if they announce some kind of partnership or licensing of their technology.
I like the low float and i can see a pretty easy double here very soon. I'm in.
Got real quiet here. Anybody else accumulating at these levels like i am? I'm pretty sure we are going to see some big movement on this before the year is out.
I see we are pretty consistent about trading up and down within a somewhat well defined range. One day soon this will be on an uptrend and keep going beyond what a lot of people were expecting. I would highly recommend that if you are trading this that you always keep a certain amount so it doesn't move up without you
I don't see Leigh going for a big reverse split. In about a year or so we should be well over $1 and maybe near $2 so I can see the possibility of a smaller reverse of maybe around 1:5 just to get us on the Naz. I wouldn't view that unfavorably. But if they start talking around 1:20 or above then I'm not going to be happy about that at all. It would mean we are pushing too hard, too fast. Of course, there is always the chance that we make the Naz organically just by getting the stock price up to $5 on it's own based on revenue projections. It could happen.
I'm told this stock doesn't appear on Robinhood. That's quite a boatload of investors that don't even know about this stock yet.
For you guys speculating that they might get bought out, that's what i've been expecting to happen ever since i bought into this. They have a super position with lots of property, weed that's already growing right now, relationships with the town they are in, relationship with SDC... and all the rest. Bigger fish are going to be strongly desiring to have easy access to the California market and NXG is already setup with all the licenses and processes in place. Frankly, i don't know what that would be worth to an acquirer, but it's got to be a lot more than what the pps is now.
BlueGreenPower - I prefer that they wait to do REAL news and not some fluff piece video that they have to spend money to produce
hey Dennis68... I have the patience. The question is "how many of us will still be alive by that point?" .. lol
I'm tempted to do the same HunterDog.. I need to average down
Should be an interesting day today. Might hit $3 with all the traders hopping in
I hope you are right HunterDog, but usually when a decent report is expected there is a bit of an increase beforehand. Don't see anything like that happening here for us though. I'm not expecting too much
Can't believe it. Just bought another load at $2.36 It's totally a gift. Thank you. Anyone want to sell at $2 ? Just let me know.
Ridiculously oversold. I started buying at 2.72 and will continue to buy if it drops more. Sorry for the bagholders, but it's easy money now at these levels.
I hear ya HD. I was in Aurora as well and made a little bit. Sold it all and put it in here. I searched hard for the right place to be in early and i just couldn't find anybody that offered this kind of opportunity. glta
i'm in at an average of .40 cents. i feel like i want to get more but i'm reluctant to sell some of my other holdings to free up the cash. Seems there's going to be some millionaires created here. I will only be a couple hundred thousandair but i'm not complaining
Continually moving in the right direction. What's not to like? Keep on swimming swimming.. Don't know about you guys but i'm not selling any until it's about $8 per share.
I don't think it will go to .10 cents.. but .15 is probably going to happen. Hopefully up from there.
We are all literally, "Watching the grass grow"... lol
You might be right. It wasn't that long ago when this thing was a $6 + stock
As far as i know there aren't all that many shorts in this. If there were they were fools to not have covered this morning already. Not expecting a big short squeeze here.. just investors and traders.
Since everyone is speculating I'm going to throw mine in as well. I think the reason that they are doing an after hours conference call is because MBRX will not be the only company talked about on the call. If you read the interview that's posted on this board you might remember that the CEO said that MBRX was mostly interested in 'discovery' and that they would look to partner up with bigger players in getting candidates to market. Might just be an issue with logistics getting around everywhere they need to be during the day working out a deal. So they push it to the evening. If i turn out to be right then i'm a genius. If i'm wrong then i'm just the same as all you other speculators...