I think now would be a great time to step back and take a look at pzoo share price historically as well as make some inferences about what may happen shortly...
If you look at the chart over the last year, pzoo has spiked to over 4cents twice, and over 2c one other time.
Let's compare the similarities. The surge to over 2c this spring and early summer had everything to do with the NV facility opening. The pps drop-off has been due to no the NV lab not being able (legally allowed) to produce revenue, delays with the CO facility, and the delays for the financials.
We are on the doorstep of getting CO going and revenues coming in. Nevada and Oregon will be revenue producing some time this fall. CannabisKing wasn't even part of the equation at that point and figures to be a pretty big deal given how much Cunic and others are talking about it.
The other and probably even more immediate item on the PR today was that this consulting firm is helping bring them financing without going to convertible debt.
These are the keys to moving from having amazing potential to business success. The only reason the pps is even in this ballpark is because pzoo is still in that "has potential" phase. Being able to buy shares in the subs really is a gift and I agree with dolphin's earlier post. On a day where the overall market is down, where we have basically doubled up in the last week and a half, to hold our pps is a huge sign of strength. With regards to the potential PPS by years end, I'm a little more conservative. I think we will be sitting in the 3-5c range at minimum by the end of the year DEPENDING on how soon all 3 labs are testing and how big the sales from Cannabisking really are.
I won't tell anyone to buy or sell their stock and as always, this post is all my opinion, but I'd recommend you at least consider buying. No one likes chasing a stock from behind.
