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Re: None

Sunday, 07/07/2019 12:41:56 PM

Sunday, July 07, 2019 12:41:56 PM

Post# of 43538
If you sold shares I would recommend buying them back soon. Here is why;
1. No one knows what the future holds for MCOA. There is a possibility that Congress could move to legalize Cannabis. This has been mentioned, there is strong possibility that this could happen before 2020. A slick move from the White House to lock in votes. Really this administration hasn't been all that rough imo. on states Cannabis policies. I think the Obama/Holder/Lynch administration was way rougher. There are pending bills to that affect. This would be ground zero for a big bump.
2. The share price was already ridiculously low based on company growth. And now it is bargain basement price.
3. Second quarter could be a big growth number and most likely will. At this point of the argument we would have to look at some of the developments that have happened in the past year. The right Prs. just before and after August could launch this.
And like I said, no one knows the future. There is always risk and sure other RS have not always turned out good. If Steinberg plays this right and I do believe he is intelligent enough to do just that. The sellers may regret that move.