Monday, February 24, 2014 6:09:27 PM
"We are incredibly excited to be moving the company forward with what is now two distinct revenue channels and I want to thank all of our shareholders as well as company members for making that possible. Until next time, thank you again."
Andy forgot to mention the third channel of revenue....which is 30 billion shares being sold into the market! This stock has gone from .008 to .0008 in ONLY 12 trading days with BILLIONS of shares being bought! I'd say the Reg A shares are about 1/3 of the way threw being sold at this point.
Of course he is going to try and keep the shareholders "happy" through regular updates because he knows there are a TON more of .0001 shares that need to be sold, and he KNOWS he needs to keep the "pump" going until then.
Do you guys realize by the time the 30 billion shares are sold at an average of .001ish that you will have bought a MJ grow facility for roughly 45 million?!??
It's as if Andy is saying "I know I took a 30 billion share dump on you guys, but I'm going to give you a parting gift of a website and FB so you can watch some weed grow." LOL
Ok, now that I've stated my view, which IS what this forum is for......If you are someone that wants to profit off of this stock and are not a day trader/flipper, then you'd be wise to check back/buy in late August prior to the release of the earnings they make off the MJ sales.
Sadly, I really don't see this being all that profitable in relation to how much he is pumping it!
An average marijuana plant that is grown within a normal grow period timeframe produces about 3 to 5 dried ounces per plant. Each plant needs about 3 sq. feet of room to reach it's full potential. So, if you have a 10,000 sq. foot grow area, that would equal 3000 plants at 4 ounces a plant.
12,0000 ounces @ $200 an ounce would equal $2.4 million GROSS profit per year. So, how big is this facility, Andy???
http://www.priceofweed.com/prices/United-States/Colorado.html
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM