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Monday, February 17, 2014 10:24:19 AM
the idea that business insider would feature a company under 10 cents is frankly unprecedented.
wh/ is exactly why the pot industry is an animal of unique stripes in the species kingdom of emerging markets.
the closest thing ive ever seen to this industry is when nuclear energy emerged about 10 years ago & had a run. many new devl companies wouldnt get touched by wallstr institutional money & they had to seek capital via the canadian exchange. yet, even in that indust established players like cameco were already around & on the big exchanges.
the pot industry has none. its a brave new world wh/ is establishing an indust w/ rules all its own. its partly why the sec put out its warning the other day.
bottomline, of the 20-30 companies you are now looking at on the otc, 3-5 of them would be ipo's right now if they couldve gone the convential way of financing thru wallstr. Now, you get them for pennies on the groundfloor. phot, trtc are probably two of them. fitx is making a strong case itself.
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