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Re: 10xPAY post# 20528

Monday, 03/27/2017 6:24:32 PM

Monday, March 27, 2017 6:24:32 PM

Post# of 36428
Ok so I am a new potential investor who is starting to look at UAMM. Its hard to ignore the run up over the last 6 months. I looked briefly over the 10k, and was actually surprised with most of what I saw. This company has changed directions several times, and yet they have very little debt. For the most part, as the media company they seemed stagnant last year. Can someone whos been around here a little longer give me some background on when the switch from media company to marijuana industry occurred? Is the jump from media to marijuana enough to warrant a big increase in price? Although they have little debt, they will need to go more into debt to finance their products, correct? So mainly investing in this company is built on the hopes that their growers and other products will be utilized by the thriving MJ industry and the fact that they dont have much baggage right now is just a plus for a small OTC company. Am I reading this right or are there some major things I am missing? Thank you and I apologize if my questions make me appear stupid. I am a new investor overall, and Ive dealt mainly with penny stocks. Most investing books I read have a negative view towards penny or highly speculative stocks, but nevertheless I am drawn to them.