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Replies to post #6983 on 420 Property Mgmt. Inc. (FTPM)
FTPM**FINRA & SEC Legitimacy Confirmation
The difference between FTPM and most of those other marijuana companies is that FTPM was confirmed to be a legit company with legitimate operations by FINRA and the SEC. I'll further elaborate.
On Nov 9, 2015... the company changed its name to 420 Property Management, Inc. and changed its ticker to FTPM. This is a change that must be approved by FINRA and the SEC:
http://420prop.com/420-property-management-announces-appointment-of-ceo-and-finra-approvals/
This is important to note because what some people might not be aware of is that FINRA is the governing authority for approving such a name and ticker change. What some people also might not be aware of is that FINRA coordinates with the SEC for further validation of legitimacy and to make sure that there are no issues existing with the public entity and the management. The process with going through FINRA is very stringent as you must prove the legitimacy of your assets, operations, management, etc.
So regardless to what one might think or choose to believe, FTPM has been validated by FINRA and the SEC to move forward with continuing to mature their marijuana operations in California as it was presented very clearly what their operations would be. I think we are in good hands here with FTPM.
v/r
Sterling
Rainmaker, per the “7” Properties per FTPM
I share your same sentiments. I called the company today and the person I spoke to confirmed that what's on the FTPM website is correct regarding their 7 properties. He told me that they have tenants that are leasing from all 7 of the FTPM properties and that everything is going very well with their operations. He told me that the company is working on a few projects and should have news released soon, but he is not sure of an exact day. Anyone can call him at the number listed on OTC Markets:
http://www.otcmarkets.com/stock/FTPM/profile
The potential here with FTPM is absolutely huge considering that 60% is expected to vote yes for legalizing marijuana in California this coming Nov 2016 as you have indicated below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125752287
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125752723
California represents the largest bulk of the Marijuana Industry which is why being positioned here in FTPM could prove to be very rewarding in the short, mid, and long terms. Let’s do the math from this edited version of FTPM**FACT 4 within the post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125674671
FTPM to date, has already closed on seven properties in the Anza Valley of Southern California and in Perris, California ranging from 5 to 35 acres in size, with ample research and development space. This means a minimum amount of acres below as I will further elaborate:
Property 1 = 5 acres
Property 2 = 5 acres (minimum)
Property 3 = 5 acres (minimum)
Property 4 = 5 acres (minimum)
Property 5 = 5 acres (minimum)
Property 6 = 5 acres (minimum)
Property 7 = 35 acres
The minimum amount of acres for properties 2 through 6 is 5 acres per property. This means a total of 25 acres for properties 2 through 6 and a total of 40 aces for properties 1 and 7 combined. This is a grand total of 65 acres minimum that FTPM has closed on in the Anza Valley of Southern California and in Perris, California that are currently in operations for FTPM.
Now consider the 65 acres in relation to this article below which has concluded that 1 acre of land can generate $19 Million in Revenues from marijuana with almost all of it to be profit:
One Acre of Land Creates $19 Million in Revenues—Growing Marijuana
http://www.capoliticalreview.com/capoliticalnewsandviews/one-acre-of-land-creates-19-million-in-revenues-growing-marijuana/
AI
