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Sobek

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Sobek

Re: None

Thursday, 02/04/2016 11:39:09 AM

Thursday, February 04, 2016 11:39:09 AM

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Strainwise Inc is an interesting one to watch. They were cranking in the cash until they received a "Notice of Grounds for Denial of Retail Marijuana License Application and Notice of Duty to Respond" ("Grounds for Denial") issued to one of the Regulated Entities on June 11, 2015. They canceled a bunch of ten year master agreements and their third quarter revenues are down about $100k compared to Q1 and Q2 of 2015.

The former CEO owns all of the regulated companies and made the call to cancel the contracts. Its all in their Q3 filings.

Thoughts?

Sobek is a non-professional individual investor who may own, not own, buy, or sell stock at any given time in any security ever mentioned in posts. I never accept compensation in any form to post. Always consult an investment professional when investing.

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