Monday, March 17, 2014 7:50:11 PM
First off, I'm a cautious investor having been severely burned before by the likes of GM and others. With that being said I try to think through what's going on instead of being caught up in the headiness of great gains like happened today.
I've got some thoughts and concerns with what's going on vs if it can last (at this juncture).
1. We have word from MINE that an extended bottling run was to be done, we've also been told that multiple flavors of the product were to be bottled. Nobody has seen the product since it was first promised months ago. All we have is product from the 1st run way back at the start. We've seen nothing, heard nothing and been able to buy nothing except old product.
2. We were told that the 7-11 show was great. Ok, what was the store count and where are they all located? Silence on that.
3.We were told that they'd be going to the natural food show. No show and silence. It had to be found out and reported by a investor.
4.We were told there would be a conference call, early March if I'm not mistaken. Silence on that as well.
Finally we've got a trademark applied for making it look as though a move to the MMJ market "may" be in the works (T.H.C.). Now all of a sudden the PPS has exploded with the arrival of the "Wolf of Weed Street" and his followers. No real news to speak of, no real pending anything that can be proven, just theory and the T.H.C. application.
What happens if/when it is revealed that T.H.C. actually means HERBS like Ginsing,Wort etc not MMJ?
Can you hear the sucking sound as there's a probable rush for the door?
I think there's need for a voice of caution here and god knows I hate sounding like some others who've pounded MINE for months on end (you know who you are) but this giant rush in all of a sudden is worrisome.
L5 certainly has 2 good products, I believe they are the best out there right now and have heard nothing but raves from the people I've given 'em to but MINE is still a startup trying to find it's footing in the marketplace.
Will it hit the big time? I absolutely think so just not this quick.
Thoughts?
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