Pinto Beans & Penny Stocks 2020

[Daytrader1]

Food for thought over the weekend....

1.- MedX Holdings, Inc.(MEDH) is an acquisition company based in Cheyenne, Wyoming and was founded in 2009 as a medical company.
Website : http://www.medxholdings.co/
All details : https://www.otcmarkets.com/stock/MEDH/overview
Status : Pink Current Information. So, reporting.

* The company has a new CEO since March 2018, Mark Miller.
* The company decreased the authorized shares from 350 million to 200 million shares. This to increase shareholder value.

From the latest PR:
'The company’s annual report will reflect total combined gross sales of $2.983 Million USD and $0.01 current Net Profit Per Share.'

Furthermore: 'With a commitment to our shareholders in mind we’re going into 2019 with the idea of issuing a dividend based on our expected passive income streams. Currently we project our dividend would be around $0.0125 per share and released quarterly based on earnings.'

The part which surprises me most is this CEO's email answer to a shareholder: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147472578

'The EPS is like 0.02 for 2018 , most stocks trade at 3 to 7 times EPS.
The fair value for this LOW FLOAT stock is between 0.06 and 0.14 and that's the MINIMUM where it will go.
The moment they add a dividend to this it might see 0.25.'

So, we have a stock that is trading at 0.022$ and will have around 0.010 up to 0.020$ earnings/share for 2018!
On top of that we could receive a CASH dividend in 2019 that will be around 0.0125$/share!
Meaning that you get your shares at a 50% discount.

Seems to me that this will be a multibagger stock for 2019.
This is not a quick flip, but buy and hold!

Annual report is due March 31st. See twitter:

Correction - annual report is due March 31st and not the 15th. We apologize for the error. Thanks. $MEDH

— MedX Holdings (@MedX_Holdings) March 14, 2019

See the latest PR on all this: https://www.otcmarkets.com/stock/MEDH/news/MedX-Holdings-Inc-MEDH-Issues-2019-Shareholder-Update?id=217960

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2.- keep and eye on Aegean Marine Petroleum Network Inc. (ANWWQ). Is in bankruptcy but still has cash: https://finance.yahoo.com/m/3b77e43d-79c0-3417-abc5-568ff7b4d5fc/ss_aegean-marine-gets-%24681-mln.html

For more DD, see the 2 links inside this post: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147574906

Spending not that much cash here, but the potential profits could be tremendous for the regular shareholders. Buying for 200$ here at 0.052$ could become 2300+$ at 0.62$. And 3800+$ at 1$.
Because the company is in bankruptcy you have to understand that you can lose all your money in this one!
See it as a LOTTO play...all or nothing :)