@Shaark, thanks for keeping updated on GBLX right from 0.20s. Totally agreeing with you,
* Big and respected money (Moody) is in,
* institutional money coming(LARE etf on Dec 28th),
* social media (@SylvaCap with 241K followers on twitter) talking about GBLX regularly,
* securing licenses in many states which will be worth millions to big companies when MJ fully legalized
* low float (127 million) which is right at sweet spot for traders and big institutions
* far cheaper than Canadian competitors. Look at Aurora Cannibas (GBLX market cap 87 million vs ACBFF 2.5 Billion, Aurora has 18 million sales for Sept 2016 trailing 12 months )
* Aurora Price/Sales is 138, Canopy Growth p/S 77. Even with conservative p/S of 10, market cap of GBLX should be 180 Million when Q4 numbers are out in January, giving PPS of $1.40. 100% upside from here
* Once PPS over $1, it opens door to whole lot of institutions which are otherwise barred from investing sub dollor stocks.
* All of this does not even take into account MJ patents already filed and once GWPH patent gets approved it paves way for other patents likes GBLX.
So, reinforcing what you said couple of posts ago, PPS jumping to 5-10$ given sentimental value of MJ to people may not be far fetched.
This IMHO and not an advice.
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