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fourkids_9pets

06/10/14 8:58 PM

#1911 RE: kevindenver #1910

the sec only aids and abets those who manipulate OTC stox

so it's certainly worth considering that *input* re: one's risk
tolerance when it comes to CannaVest


4kids
all jmo
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Mygolfballs

06/11/14 10:55 AM

#1912 RE: kevindenver #1910

Good buying opportunity for MMJ plays when you look at the revenue stream of

CANV MJNA and LVVV


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eagleeye14

06/11/14 12:29 PM

#1914 RE: kevindenver #1910

VALUATION IS BEYOND INSANE -
My post from a few weeks ago...already -22%. The company is a complete joke.

CANV is even more compelling than PHOT as a short and I warned you all about PHOT a few months ago. CANV shares will return to intrinsic value of $1.00-$1.50 range within 6 months.

34m shares x $18/sh = $612m market value.
Annualized revenues = $10m; TRADING AT 61x SALES
Annualize earnings (assuming $0 interest expense) = $0.04 EPS; P/E ratio of 456

Multiple recent secondary offerings at $1.00/sh vs $18/sh current share price = MASSIVE DILUTION!!!

Dozens of competitors entering the market = upcoming share loss

CANV is a disaster waiting to happen. Just wait until the millions of restricted shares hit the market in less than 2 months time and the stock will absolutely collapse.