Agritek Holdings Inc. (AGTK)

[chinabuys]

maybe for RAFF as he will surely shake the weaklings right outta here at this point but no new investors have been attracted and as long as info like this keeps hitting the wire more and more will realize this team can't get it done.

Medbox, however, is not the only one to venture into the area of cannabis security and banking services. One new company offering similar options is Blue Line Protection Group (OTCBB: BLPG), a company serving over 60 marijuana dispensaries, both medical and recreational, in Colorado, Nevada, and Washington State. Blue Line ventured into this niche at the beginning of the year, while Medbox only formed its subsidiaries in April and has yet to get its feet wet in this area.

Blue Line is a full service security and compliance firm offering armored transports of product and cash, proxy banking services, and regulatory licensing compliance for its clients. With its first full quarter of operation now behind it, Blue Line pulled in $237,000 in revenue, a number that looks to expand next quarter after it signed Medicine Man, the largest marijuana dispensary in Colorado as a client.

full article here:

http://finance.yahoo.com/news/medical-marijuana-now-legal-half-123000637.html


Blue line shows results...i guess they are publicly traded but this is certainly not an ad for them as i have done nothing by way of DD i simply want to point out what a company with direction and the right management team can do in a short amount of time compared to AGTK which has had years to hone their model and have yet to realize ANYTHING. You will read medbox also restructured their business model [ like mediswipe ] and formed subsideraries to concentrate in several potentially profitable ventures yet were still beaten to the punch when it comes to the financial aspect and their dealings with dispensaries. Its not what this company has done....changed names several times, reverse split their stock, failed to renew exclusive distribution rights, failed to realize 'signed letters of intent', failure to take verbal agreements to fruition such as the canadian network.......its [as you will read] about what the company has not done....they have no presence in colorado, no feet on the ground to solicit clients and got beat by go getters that knew what it would take to secure clientale. The stock was nearly done when colorado went legal [ check your charts a year back and walk them into the end of december] and there is NOTHING TO SAVE IT THIS TIME so after RAFF is done with those just looking for an excuse to bail this stock will sit at a pre-january pps at best as wall street doesnt value this company they value friedman....and they put him at about a dime.