Replies to post #28118 on Strategic Global Investments, Inc. (STBV)

[420man]

You are missing the point. This sector may be a big chance for him. Big players cannot play in the MJ sandbox for reasons I have already stated. In fact, the #1 factor for these smaller companies is cash. Plain and simple. If you have cash you can play in MJ... because you can't borrow the money from banks currently. The one thing the CEO currently has is cash, and he is obviously getting more each day through his Reg A offering. Don't ever discount the power of cash in this sector.

If you notice this is also happening to MJ's darling stock Growlife (PHOT). They have no cash so they are buying up portions of companies with stock.

http://www.denverpost.com/business/ci_25143792/feds-give-historic-green-light-banks-working-marijuana