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Saturday, January 20, 2018 6:04:45 PM
IT TAKES A VILLAGE. When I wrote that due diligence - the stock was trading .0022 pps and the strong bid support ended up holding up ALL AFTERNOON. When folks realize that we just saw 400 mil + virtually ALL above .002 pps and that the bids at 19 (70 mil) and 20 (50 mil) aren't going anywhere -- we will easily head back to where the average share went off .0022-.0023 pps at the start of Monday session. However - the new baseline has been set MUCH HIGHER. This is going to .005'+ and then to the penny break IMO.
VITAL DUE DILIGENCE WAS SHARED IN THAT LAST PRESS RELEASE.
1- $TXTM IS NOW VERY VERY close to being issued the license and could happen as soon as 1/23/18. Likely over next week or so as SA congress is back in session on Tuesday and the BILL is already on docket with the amended changes and set for license issuance approval. However- reading some of those notes added to the bill- South African congressional leaders wanted to see more accountability, compliance and standards of measurement -- as well as the research conducted with the National university. NOW $TXTM has done it !! They have linked up with the exact FINAL PIECE THEY NEEDED to secure the license deal as noted below .... and even better - are also moving forward with one of the most successful fundraisers and venture capitalists who runs the advisory firm who just came on board.
IN MY OPINION- enough shareholders clearly saw that the stock was being controlled by huge blocks of strength and that selling their shares for a 10-20% flip would be ludicrous. Hence why we saw the 20-23 for the rest of the session.
WE ARE NOW AT .002 pps baseline. That's the strongest baseline since March 2017 and the stock is trading far better than when it did back then. This can clear up now and move substantially as the news delivered was far more validating than folks realized on a FRIDAY. Those who sold on news - well- they should HAVE READ THE NEWS.
VITAL FOR $TXTM to secure this compliance and advisory firm in order to secure the GOVERNMENT ISSUED license ...READ THE BILL FROM SA congress!!! Need for a digital ledger to "track and trace" the legal cannabis etc. That was a huge concern that they have now substantially answered and the prospects have never looked brighter as the ICO - is being lead by a. Big big big time financier. Prospective shareholders need to read up on "Matt". Matjaz “Matt” Hrovat, Chief Executive Officer of Growprocess
While most were focusing in on the Blockchain ICO deal and the excellent revenue source that will now be --- the real VITAL important piece of that shareholder update involved the SA License! Something tells me that Griwprocess and their 3 acres of MJ grow for their ICO model fits perfectly. Matjaz “Matt” Hrovat, Chief Executive Officer of Growprocess, stated, “We are very excited about this transaction with Protext given the cannabis synergies between our businesses. I have spent the last several years building a successful CBD business and see the significant global opportunity presented by both the blockchain and cannabis industries .
FROM THE PRESS RELEASE FRIDAY... "
IT IS MY VERY STRONG OPINION- that $TXTM is now in full on BREAKOUT mode and we should be testing 52 week highs in short order. .005's + pps coming here first stop. Read that last line... GEARING UP TO COMMENCE PHYTO-cannabinoid extract.... bingo. .
https://investorshub.advfn.com/$UPER-$TOCKS-DD-and-RESEARCH-FORUM-31721/
ALL POSTS are just opinion! Never BUY/SELL based on them! MUST consult licensed stock broker!
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