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Saturday, January 24, 2015 10:24:02 PM
I believe, is going for an acquisition/merger and it will probably be announced next week.
I wasn't alarmed at the Hemp announcement because I think it is smart of the company to expand its agricultural base. What I get alarmed about is when "long term investors" in these start-up/growing companies start dumping their shares just when momentum begins to build. Seen it many times in penny stocks. Some pennies don't deserve to be around, no doubt, but there have been plenty of great start-ups beaten down and squashed because of the actions of penny players who just roam from one stock to another looking to scalp. These groups don't care about the company or what they have to offer for the future for our country and the world. All they care about is scalping a few tics and moving on. These actions -- dumping and bringing the pps down -- discourage confidence and support by people interested in investing/trading in companies like AZFL who are trying to bring new ideas into the world, companies who can only get started without an expensive and often unfeasible IPO.
AZFL has a lot of potential and the best thing to do is to simply invest some now and then invest more as news comes out and expansion continues. If the company can't deliver in a reasonable amount of time for a growing business (not on your time), then it's justifiable to withdraw. In the meantime, let them work it and make it happen.
Chessman
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