Notis Global Inc. (fka NGBL)

[Toninho]

Financial Summary
BRIEF: For the three months ended 31 March 2016, Notis Global Inc revenues increased from $66K to $253K. Net income totaled $1.2M vs. loss of $4.4M. Revenues reflect Net revenue increase from $42K to $228K. Net Income reflects Change in fair value of derivative liabi increase from $2.2M to $8.9M (income), General and administrative (expense) decrease of 70% to $3K (expense).
Decrease of 3% to $3.8M (expense)
Point blank they are valued at over $1M and that's the reason for movement recently most likely. You can view this data at:
http://www.reuters.com/finance/stocks/overview?symbol=NGBL.PK

I am gladly holing my own 8M shares, if they have reported a sales increase from $66K to $253K, i would imagine the business finally got their nuts in the bag and hopefully will beat its number next quarter. This is a very promising company in my eye. I believe that 500 acres are a whole lot of land to grow weed/hemp. Manufacturing products and by-products from its harvest sounds like a great business if you want to diversify on the new emerging THC Industry. We all have heard the stupendous amount of money Colorado, California and Uncle Sam is making of this new industry. As the whole world start accepting this new version of the Tobacco/Alcohol its sure to have a financial growth impact on large land holding farms. Even though it is a penny stock I believe this could break over $1.00 in the near future.