420 Property Mgmt. Inc. (FTPM)

[stervc]

Stoch, with your FTPM thought...

I share your same sentiments regarding FTPM. I was in CVRG which later changed its ticker to MCOA and changed its name too:
http://investorshub.advfn.com/boards/memberpoststoboard.aspx?userid=1551&boardid=10460

We shareholders were initially going thought some of the same level of being unhappy because of the company not talking to the public until it was ready. Later, I think you know the rest of the story as MCOA had gone from .0003 per share to recently hitting a high of .1985 per share even while having an Outstanding Shares (OS) amount of over 1.1 billion shares.

I made the mistake of selling too early with MCOA, but I'm not going to make that mistake here with FTPM. I will sit and wait. After doing further research, I have learned that FTPM will be doing basically what MCOA is doing plus more. No knock against MCOA, but FTPM should do better because it holds one trump card that MCOA does not have last I check... FTPM has the 7 properties of 65 acres (minimum) currently in operations being leased to tenants within the Marijuana Industry in California. Now with the law changing in California for the better, they can also cultivate for themselves and not just for their tenants.

If the OS remains in the 400 million shares range and the Float is in the 200 million shares range as like what the IR has stated, then FTPM will recover very well.

So again... I will sit and wait.

v/r
Sterling