InvestorsHub Logo
Followers 65
Posts 3016
Boards Moderated 0
Alias Born 05/16/2011

Re: IMACMAN post# 111891

Wednesday, 04/23/2014 10:33:55 AM

Wednesday, April 23, 2014 10:33:55 AM

Post# of 194796
They received a ready to build approval from Health Canada. This means they approved of the plan. As long as the buildings are set up as described in the application with the required security, fencing, and a vault then they will be approved. It is simply a technicality at this point.

However, since medical marijuana is new to most people lots of careful investors are on the sidelines until actual license is granted although it is the same as applying for a liquor license. You build the building and apply, pay the fees and you get one. They do not say no unless there is a problem with your building not being up to code or you are too close to a school/kids. License is a formality. I was thinking it might have already been priced in at .11 but we will have to wait and see. I believe this stock will overextend itself very shortly from a massive buying frenzy and I intend to be there to supply all those careful investors as many shares as they would like if the price is right. I'm thinking .40 or .50. This is a dollar stock easy. I can let them have those gains if it gets there soon.

I will probably have a chance to buy in lower too if it runs that high. a cooling period would definitely be needed IMO unless something else we don't know about happens like Snoop Dogg representing our medical marijuana or something like that. (People actually thought this might happen because Snoop Dogg is a client of 5W PR firm, our PR firm)

FITX