PirateSteve, thanks for the post. I agree wholeheartedly that timing is of the utmost importance at this point in time for MJTK. I tend to have a vindictive tone towards this stock because last year's reverse split cost me dearly. Now I have made some $ back shorting this from time to time as well, but overall my initial investment was quite a bit greater than what I have made back here & elsewhere.
My main gripe with Cannasys falls squarely on the way they have handled things from a business perspective. They claim to be on the up & up, their filings are always up to date, etc, but the company has done little more than incur further debt without racking up revenues. Here is the main point that truly scares me:I have called dozens of dispensaries in Colorado & not a single one has heard of Citizen Toke or Cannasys.
That's incredibly unnerving at this point in time. Burke, Tew, whoever has not found it necessary to engage in legitimate marketing as of today. Missed deadlines, press releases don't hit major trading platforms, etc. I have seen OTC companies with all of these earmarks or telltale signs PirateSteve. They have all failed.
These guys simply haven't been getting the job done. Yet they go further and further into debt as the quarters roll on with absolutely nothing to show for it. Well, actually they have paid themselves & the toxic investors extremely well through the years. Meanwhile, dozens of folks who have posted here languish in tens of thousands of dollars in dead $. All because the j@ck@$$e$ running Cannasys have acted as little more than classless technocrooks to date.
Hopefully, everything works out for these guys soon, but I believe the writing is and has been on the wall. Cannasys has no actively acceptable version of Citizen Toke despite years of missed deadlines & millions of dollars in debt!!!
That is simply unacceptable.
IMHO
GLTU PirateSteve
