Reality is that the bid is slowly creeping up, the ask is slowly coming down. We may touch 1's again for a few days, but as the ask thins, we should see 3's, then 4's and the ask will thin as we go up. I see this hitting .001's by November.
$USMJ PURA Anticipated Cannabis Extraction Contracts Bode Well For PPS To Rally Higher
Source: InvestorsHub NewsWire Recent Attention From USMJ Enhances Prospects for PURA PPS POP
New York, NY – September 29, 2016 – Wall Street Corner Report
Puration, Inc. (PURA) only started experiencing any trading of note this past July of 2016. The Company only had about 2 million shares trade in total over the two years prior to July. PURA entered the emerging cannabis sector last year through the acquisition of proprietary and proven extraction intellectual property. Recently, the Company released a $3 million forecast and announced its first contract to support the forecast. The forecast makes mention of 2 additional contracts yet to be announced that are included in the forecast. Following recent PURA news regarding their developments in Colorado, we speculate announcements of the 2 additional contracts aren’t far behind. With a the issued and outstanding under 100 million, and a cannabis business model that makes sense, combined with the additional eyes on the Company from its roots linking back to the high profile North American Cannabis Holdings, Inc. (USMJ), we anticipate a news triggered rally and PPS POP any day now.
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
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