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GreenGenie

01/20/17 12:33 PM

#5336 RE: dude iligence #5335

Volume

I don't trade. I invest. When this stock was a .02 last year, I was in it and talking to the sound of crickets. Let's review a post, one year ago, shall we:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119294064

That's post 5023, written December 15, 2015. I'm talking to "Mariguanastock89," one of the very few visitors. He was just looking for news and was dismayed at the lack kof volume. And left. Another professional MJ investors I have to "compete" with these days.

I said, "So BLPG is currently valued at $4M whereas HLIX has a market cap of $2M. I'm not a perfect market theorist, for the record. Behavioral Finance is the real deal. Perfect markets exist only in the long term scheme of things."

A few months later, I got bored of talking to crickets, so I took my case to Alan. And, well here we are today. Still talking about "low volume" and press releases.

For another BLPG comparison, a year later, they are still at 4 cents. Haven't moved at all, but they sure do have good volume. I think if you divide that volume by 1000, which would be like a reverse split for them to get them up to where we are today, the volume would be equal.

Just saying...

Alan Brochstein

01/20/17 12:38 PM

#5337 RE: dude iligence #5335

The guy from BioTrackTHC has an interesting background. Here is something that came out recently:

Colorado-based MJ Freeway alleged multiple times between June and August in complaints to the Puerto Rican Department of Health that BioTrackTHC was ineligible because the company’s founder, Steven Siegel, has a criminal record, according to documents obtained by Marijuana Business Daily.

In 1997, a U.S. district court judge in Florida sentenced Siegel to a 30 months in jail and three years of court supervision for conspiracy to commit mail fraud and money laundering, court documents show. Siegel could not be reached for comment.

“Siegel … is a convicted felon who served time in federal prisons on charges of conspiracy to commit mail fraud, wire fraud, bank fraud, and to launder monetary instruments,” Amy Poinsett, the CEO of MJ Freeway, wrote on June 9 to an administrator at the Puerto Rico General Services Administration.



http://mjbizdaily.com/puerto-rico-inventory-tracking-system-deal-embroiled-dispute/