Not sure if anything going to happen or not. I have a few thousand invested in a small position hoping after the first quarter report in 2017 this will spike, but it's a risky gamble as any pennies are.
What does happen here are a few cheerleaders who get very excited over very small dollar trades that are pretty much insignificant as to where PPS really is. As soon as a trade goes through for a few hundred bucks in the green watch how "To The Moon" gets preached, funny to watch, you'll see a wolf howl.
Truth is PPS is where it was a year ago and volume has dropped big time. I'm gambling on the media and news hypes of 2017 and hopes that this company will benifit from it. If MJ gets rescheduled I'm going all in on big tobacco, no way they let this get away from them and they've got everything to rule the industry already established, from government relations to facilities to grow and process products. I play in pennies, when I get enough out of them I go after established real companies, but a few thousand dollars in a $100+PPS company is nothing, a few thousand in a penny can grow fast with luck, then convert that into 10k+ into an established NYSE company and keep growing that while gambling again in the pennies. It is a cycle; take a large gamble, if it pays off turn it into a real investment, slowly keep growing that investment and at the same time look for the next gamble.... let the cycle repeat all the way to retirement, hopefully never have to work again and have real money in real billion dollar companies. Penny stocks are like roulette, keep playing them only, you'll porobably lose.
I do like how they have raised their sales forecasts, I hope it is real and not hype, and I hope other companies who want to be growers establish a business relationship with EFFI to supply hardware for growing. We'll know by June 2017, 6 months isn't a long time and will give it a chance and see.
Good luck to whatever you decide.
