And the PUMP and DUMP continues
just received an email from "Profitable Trading Authority"
hard to believe that they would highlight the Chardan $2.50 price target, especially since the target was issued by the Chardan house "analyst" and Chardan was raising money and receiving an 8% finders fee and an 8% stock issuance. I can't say but it would seem a conflict of interest
Profitabletraderauthority does not offer such advice or analysis, and Profitabletraderauthority further urges you to consult your own independent tax, business, financial and investmen.t advisors. Investin.g in micro-cap and growth securitie.s is highly speculative and carries and extremely high degree of risk. It is possible that an in.vestor’s investmen.t may be lost or impaired due to the speculative nature of the companies profiled. Profitabletraderauthority has been compensated for investor relations and media services for MSRT in the amount of Fifteen Thousand dollars USD for marketing exposure. We own ZERO shares of MSRT.
Brought to you by Profitable Trader Authority Sept 29, 2016
Pay close attention:
MRST currently is trading around $.50 cents.
Chardan Captial Partners is Initiating coverage and put a whopping $2.50 target price!
That means for every $5,000 invested it has potential to turn into $25,000
Ticker Symbol: MSRT
Catalyst: $2.50 Price Target by Chardan Capital Partners
About MSRT
MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with 900,000 users.
It is proud to be affiliated with the leading organizations in the cannabis industry, including the ArcView Group and National Cannabis Industry Association.
MassRoots has been covered by Fox Business, CNBC, Fortune, BBC, Cannabist and the New York Times. For more information, please visit MassRoots.com/Investors.
The Team
MassRoots has 24 full-time employees working out of headquarters in downtown Denver, Colorado.
The majority of these employees are engineers and designers focused on developing new features for the MassRoots platform.
We believe we have found talented individuals at every level – sales representatives who outperform expectations, managers who make architectural decisions that will prevent costly and time-consuming blunders, and engineers developing new features that have the potential to provide significant long term returns.
One of MassRoots’ top priorities in 2016 has been recruiting and retaining some of the top talent in the cannabis and technology industries.
In June 2016, we hired Lance Galey as MassRoots’ Chief Technology Officer.
Previously, Mr. Galey served as Chief Software Architect of Cloud Services for Autodesk and Vice President and Principle Architect at Salesforce, where he led the architecture and development of numerous core infrastructure and platform services underlying a large portfolio of Salesforce SaaS applications.
In 2013, he was selected as the executive MVP for the technology division of Salesforce.com.
State and National Brand Business Model
While MassRoots’ consumer-facing network launched in July 2013, we did not start generating advertising revenue until we crossed a half million users in mid-August 2015. Our clients have primarily been ancillary businesses marketing their products to cannabis consumers through endorsed posts on MassRoots, sponsored content on our blog, and mentions in our email newsletter. It is not necessary for a user to join MassRoots in order for us to generate revenue from them – we are finding that many people will visit our website, join our email newsletter, or view a dispensary’s profile without registering for our MassRoots network.
During the second quarter of 2016, we signed advertising contracts with a total value of $259,450 with 32 of the leading cannabis brands in the industry. As many of these contracts were for 3, 6 or 12-month campaigns, only a portion of the value was realized during the second quarter of 2016, and the rest will be realized over the coming quarters, building a solid foundation on which we can expand.
While the vast majority of MassRoots’ advertising revenue to date has come from brands within the cannabis industry, we have started to see significant interest from mainstream brands and advertising agencies looking to market to cannabis consumers. Uber and Fusion, a division of Univision, became the first mainstream brands to advertise with MassRoots and have opened the doors for other major brands to evaluate the space.
We believe that as the regulated cannabis market continues to expand, mainstream brands and advertising agencies will begin to allocate portions of multi-million advertising budgets towards outreach to the millions of cannabis consumers in the United States – especially food, lighter and agricultural brands. We are positioning MassRoots to be one of the first companies to receive these budget allocations.
Local Store Business Model
Up until the beta launch of our dispensary finder in August 2016, we didn’t really have a product for local dispensaries or stores, limiting our market.
We now have over 175 dispensary locations paying for a basic listing. With the core functionality now in place, we aim to rapidly iterate and expand on its functionality to include menus with live pricing, product pages with reviews, and top search result placement for paid advertisers.
We believe that each of these features will create new revenue streams for our business – with Weedmaps reportedly generating over $20 million in revenue last year off of them.
2016 Elections
MassRoots believes the 2016 elections have the potential to significantly increase the size and scope of the regulated cannabis industry.
According to the Marijuana Policy Project, campaigns in Maine, Nevada, Arizona, California, Michigan, Florida, and Massachusetts are expected to succeed in placing initiatives on their states’ ballots for this year’s election.
Conclusion for MSRT
Between the upcoming Elections, and Chardans Capitals price target on MSRT of $2.50 per share, you have everything possible going for you!
Regards,
Profitable Trader Authority
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