Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
SAME. 5 Million shares!! Then I randomly check the account for the first time in forever and I'm like WTF??
Source on this?
What news?
Thanks for having me.
Question: What do you guys think about Aurora’s current price (extremely overpriced) in comparison to its future actual value over the next 5 years? As in... do you think that Aurora’s earnings can/will catch up to the price people are paying for it in that amount of time? Or are you day-trading it because you think it will continue to go up regardless?
Or, are you long? And are you anticipating a cannabis bubble from upcoming US legalization of the largest cannabis market in the world, thus propelling Aurora to new heights?
Lol. The irony in this board.
April 2019
>”They’re so irresponsible getting their filings up to date! They’re blaming the accountant when it’s the BOYZ fault!l
>*after filing late for the first time in 20 years, they replace the accountant and announce that the late filings are coming*
>“But the STOP SIGN is still there!”
March 2019
> “I lost my children’s college fund over day-trading this stock! Learn from my mistakes! Don’t buy into this scam!”
Everyone in the board: “Never trade with money you can’t afford to lose!”
*stock price moves up to .046 a few months later with no significant news*
>”I guess once a sucker, always a sucker. Here goes the kids college fund (AGAIN)”
July 2019....
>”We need more transparency!”
>*PNTV uploads a video update every week or two*
>”They need to show us the $, not talk!”
———— what’s next?
March 2020
>*price moves to .28/share*
“Looks like the Boyz ‘finally’ got their business in order!”
———
Yeah, we’ve been trying to tell you that for the past year when we bought at 2 cents; now you’re entering at 30.
Maybe I’m wrong, but what I remember from the presentation was 450M gross, 375M net, and 3.75B considering 10x Earnings.
Not 375M gross and 37M net.
A couple of those numbers are wrong, but I’ll definitely address all of these later when I’m not on the road.
A question I want to ask you in the meantime is; from your POV with all things considered, what do you think the price will go up to? (Approximately) How high do you personally think it would climb before it comes crashing back down in a plausible worst-case scenario?
“PNTV/GLFI, a rapidly growing company in the worldwide cannabis market and CBD industries, with operations in Nevada and now Argentina, announced today that together with its Argentina joint venture partner, Cannava, it has received approval from the Argentine government to import cannabis seeds from the United States into Jujuy Province, Argentina.
This is the first time the Argentine government has approved such a venture. PNTV previously announced approval of seeds from a security standpoint, this approval, by the highest government agencies, was given exclusively to the joint venture with the goal of establishing Jujuy Province as the world’s leading supplier of cannabis oils, distillates, isolates, and biomass to a rapidly growing and underserved worldwide market.”
———
Read the rest of that press release and you’ll have all the info you need. The Argentinian government does prohibit the import/export of cannabis products — but it is exclusively approved for PNTV and a couple of other joint ventures.
HAHA, touché lmao
GL Smoker, you lost all credibility with me when I first arrived to this thread when you assumed (and continue to assume) that I’m either Mark Bradley or affiliated with him directly, and that I was some “tool” sent to “keep the stock price above 0.01”— despite me saying in my intro thread (and to you once or twice before) that other than being a shareholder, I have no affiliation with them. I can easily tell from those assumptions (and others you made right after I arrived) that you’re quick to make assumptions and jump to conclusions rather than be objective and as unbiased as possible.
If you’re going to be on an investorhub thread, at least provide value/facts instead of consistently jumping to false conclusions..
Just saying.
Until you can do that, I’m pretty much done responding to your posts.
Partially correct :) My decision to invest considered all pros and cons I could find, including the shitty financials and the competitive advantage of the new farm.
They did. Those videos definitely exist. I’m subscribed to their YouTube channel, Facebook page notifications, and subscribed to their Investors Relations emails; so I can’t remember which pages they are on... but if I remember correctly, it was a pretty long video (like a 30-something minute long webinar maybe?)
Price parity is like.... the value of your dollar in one area in comparison to the national average.
Correct, they also did not understand the California market — at least not well enough before they leaped into it. Those issues I pointed out were things they didn’t look into or consider before they bought Salinas and experienced it head on.
If you were to ask my personal opinion on their Nevada operations, I believed that they jumped into the Nevada market expecting to make insane margins JUST because they were a cannabis company and had their own grow operations. Also seems like they expected to be high in demand in Nevada when the market doesn’t work that way— their Nevada property doesn’t have any unique advantage at all when it comes to its competitors, and doesn’t have the ability to tilt the demand on any axis (price, speed, quality). But in a hypothetical scenario..... even if their Nevada operation performed well or profited, the share price would hardly be affected (in terms of actual value). So there’s that.... Nevada operation hardly has any shareholder value whatsoever, whether it’s successful or not.
So far, they definitely seem to be meeting their deadlines regarding Argentina. Everything they said would happen with the Jujuy farm has been spot on (or faster than anticipated) since they detailed the step by step process for the farm earlier this year.
Yep.
They’ve mentioned it in a couple of their most recent videos — but one specifically talked about the price parity in Argentina and their competitive advantage. I’ll have to go back, find it, and link you to it.
And I’m referring to the high price parity in California, thus their super resilient and competitive black market (and lack of margins) in comparison to other US Markets.. It was one of the main reasons PNTV dropped Salinas.
Lol. I missed the last part of your question.
Because the NEW farm has a super competitive edge on price, and will have the ability to solve a major problem in the cannabis industry worldwide.... lower prices and higher margins.
That’s something the Nevada farm doesn’t and can’t have. It’s literally the very counter to the main issue of the market from which the Salinas property resides. Major cannabis giants will flock to Green Leaf simply for that reason.
Which is the very beauty of investing and free speech. :)
I’m aware of that as well. However....OTC is not an analyst nor financial advisor. OTC didn’t examine this company. OTC is looking out for itself. OTC has rules/regulations that need to be consistently followed by ALL companies to remain on the market and PNTV broke those regulations by missing out on their filings TWICE in a row. Thus, the stop sign.
The stop sign alone does not equal “bad investment”. It’s a rule of thumb to protect the OTC from liability.
Well if you’re asking about my specific opinion on the financials, technically nothing really in the filings are “good”. But again, I never said it was good. I said that I read all of the financials and that I am still in long, hands-down.
I never said their financials were good; I said that I read all of the financials and I’m still in.
However, I’d argue that it is a tad bit ignorant to base my decision on whether to get in on a company or not “exclusively” on how a company is performing financially in the current. I personally like to take everything as a whole into consideration, financials included.
I also like to be as objective as possible, on both ends. Pretty much works out like a court case in my head, and I play both hardcore prosecutor and defendant.
My mind has concluded — stay in, buy more. :)
On the contrary, I’ve read their financials, and I’m going long here.
Thanks Zen! And I’m not worried in the least bit.
Thanks Zen! And I’m not worried in the least bit.
2 Grand positive that day. I purchased at several prices between .027 and .05 last year. I’ve been purchasing more every month, but recently every week since starting on this new show at the beginning of May; and my last purchase before that day was 123,000 shares literally the week before.
Up again today $1448. Total gain is all green.
(Since they deleted their post) I received an email about it too. I was signed up and scheduled for a call at approx. 3:30pm a couple of days ago, but never received the call. But yeah, it was sent through email.
Made hella money today. Looking forward to the long term increases as well.
Not yet. I’d give it a few more months’ time.
HAHAHA, I forgot about the Mota ICO that, according to the creator of MOTA, was supposed to have the ICO back in December.
I don't think Mark understood cryptocurrency or the crypto world enough before he acquired it, he was just hell bent on vertical integration. I don't think they paid much (if anything) for it either.
Granted, I don't base the value of the company on that one mistake of an acquisition.
That's pretty impressive. Do you live in Vegas?
That's literally the civil complaint I just referenced to Nelly, and he said that was not the one he was referring to.
He also said you can go back far enough in the message boards to find it. I tried but lost hours of time going back through so many posts, got distracted, and just gave up.
Thanks. I see a civil complaint filed last month for $2500-$5000 against Fairness in the Cannabis Industry LLC and Mark Bradley, where the plaintiff is represented by Peel Brimley, LLP.
Is this the lawsuit you’re referring to?
Uhhh....? What does my timing of finding this board have anything to do with my expertise/career in media and marketing?
LOL, that's downright hilarious xD
As I said in my initial post, I'm not affiliated with them, nor am I interested in artificially raising the price.
Besides... knowing what I know about media and marketing.... if I wanted to efficiently pump a stock, the last place I would do it is on a message board.
HAHAHA! 12 Million a month??? I'm dying xD
Yeah, there's no way they would've pulled that off... not with that media business model. I remember telling Investor Relations on the phone that it wasn't gonna work. I mean, kudos to them for having such high goals for WeedTV but..... due to federal law, they cannot even advertise anything cannabis right now on the most cost-efficient microtargeting platforms. And they were expecting to make most of their money from third parties purchasing ad revenue on top of that... second bad idea. That, plus content with poor retention ratings, plus no traffic.... I can go on and on. I never knew they told their investors that though! I'm going to be laughing at that one for a while.
I remember a good bit about the Salinas property-- I came on their stock in not that many months before they made that deal. I remember them mentioning all of the CA weed business hurdles and certain hidden issues with the property (which made sense), but from what I understood from their PR, they gave Salinas back for those reasons, and that Salinas is paying them back in installments. Would you happen to have links to alternate perspectives/POVs on the Salinas property? Especially ones that talk about the nonpayment. Because I do remember that property being quite controversial on the rumor side of things, but obviously I'm missing some information if I never read any of that (and I Googled my ass off back then, lol)
From what I understand, up until that moment, they've been consistently responsible with their reporting-- despite the unimpressive revenues. I got the impression from one or two videos that they couldn't really speak about the true reason of why they weren't on time with filing without potentially legally jeopardizing themselves (at least before getting rid of the previous financial advisor). I felt like that last year, but it didn't hit me until this year where right before the case he mentioned "not being happy with the current advisor, more details to come" before they mentioned that the court ruled that the advisor had to release all of the financial documents over to Player's Network.
Send me the links about those lawsuits against PNTV asap if you don't mind! I must've missed those too. I did read up on the Comcast one, and them talking about the "undisclosed settlement" they received from Comcast; they never revealed a number though-- I just remember that they were originally suing them for $150M.
I'm honestly not riding the CBD and MotaCoin wave. It was exciting to hear that they were gonna at least try, but you know.... nothing is guaranteed until 1. You have action and a product, and 2. You have a solid business model. Plus, MotaCoin is only one of MANY pot cryptocurrencies (why use MOTA when you can use the ones that are already established), so competing for them is going to be tough. But also.... I read that the creator of MOTA was trying to solve the problem of making each crypto unit match the dollar--- which is a scary thing to do with blockchain, and isn't really profitable. Plus, with this whole cannabis banking bill underway and the new Federal Appeals ruling that the DEA should reclassify cannabis..... MotaCoin and other pot cryptocurrencies will be virtually useless VERY quickly, IMHO.
You must've just snuck a look at their new business model/plan recently?
I'm aware of their (un)profitable past. Although for most of that 20 year period, they were a media company; I understand the hesitation.
I know why they failed on the media end.... crappy business model topped with crazy high persistence is the short answer. I'm a media entrepreneur myself, and honestly -- if I had discovered them way back then (w/ the old business model), I wouldn't have invested.
I don't think that is the case going forward.
I didn't know they were also producing a CBC Hemp product though.... I thought it was only CBD/oils, flower, isolates, distillates, now prerolls. Not that I'm against them adding CBC to their collection, but you know... I'm in the dark about that part, to be honest. Would you mind telling me more about their history with CBC and when they first decided to introduce it?
Why do you say that?
I'm only asking because like I said, I'm new here, and I never know when I'm missing information.
Gonna have to read this on lunch at work.
Thanks for the welcome! I read through everything (and still continue to) I could find on them, and I like their business model and level of transparency amongst other things.... I remember seeing their WeedTV business model though and absolutely HATED it.... as a guy who works in the Media Industry. It didn't make sense. I contacted Investor Relations and told them that, and how they could actually profit from it... we had a 40 minute conversation about it, and in the same conversation, he said that they were putting it to the side to focus on the cannabis model.
Thanks a bunch for the welcome, Nell! That's honestly scary af -- I think that when I first got in, it was .027-ish.
First time seeing this site and board; geez, it seems to be quite the pissed off bunch in here lol.
To be transparent and provide context, I'm also a shareholder -- as well as some members of my family. I've analyzed over 400 cannabis companies worldwide and staying as updated as possible with cannabis law (mostly domestic, but also worldwide). I have about 9 Cannabis companies in my investment portfolio, maybe 40-50 stocks (+ an etf) on my "cannabis watchlist" that I'm observing. I've not only invested in cannabis, but also crypto and tech. Pretty much a nerd of the weirdest combination :)
My goal here is, as an investor, to stay as transparent and objective as possible with the companies that I invest in. I do the same on other sites and social media by joining relevant groups and discussing (insert company of interest) with other investors/traders/advisors.
So hey everyone! Nice to meet you all.
If you don't mind, as anonymous individuals with common interests, I'd love to know your history with PNTV (When did you first hear of the company, when did you buy/sell -- how much total have you gained/lost via trades with PNTV, and what do you project for this company down the road?)
Also, gonna answer this question in advance: I have absolutely no affiliation with the company (or any other company I've invested in) other than the fact that I buy (and am still buying) shares in them.