curtisw184, my educated guess on TTDZ Price Direction...
In my opinion, I believe that TTDZ is going to be heading somewhere north of .20+ per share for starters. I’m not going to use a long drawn out valuation post (for now). I’m just going to base this logic off of the eye test. I look around at some of the other Marijuana (MMJ) companies to see that some of them are trading way higher than where TTDZ is currently trading. N my opinion, TTDZ looks far more professional just with the amount that we know of thus far. Still, we know that there is so much more to be released as TTDZ is still in its infant stages.
To add, its location being in California (CA) is huge. The state of CA have been receiving more than $100,000,000 in Annual Medical Cannabis (MMJ) Tax Revenues since 1996. This means that the state of CA has been generating over $1 Billion in MMJ Revenues. I will use the thoughts I posted before elsewhere below to further elaborate on how the $1 Billion in Revenues from Medical Cannabis sales for the state of CA transpires based on the known tax amount received from the data stated within the article below. Within the article below, a recent study revealed that medical cannabis sales generated $100,000,000 in annual tax revenues for the state of California:
The information below is officially from The Tax Foundation and confirms that the State Corporate Income Tax Rates for the state of California was 8.84% in 2012 (and is actually the same 8.84% for 2013 too):
Stervc, 'THRUST mode possible' with the pps here. TTDZ is one of the rare ones that I expect the pps will have so much thrust behind it that it will surprise everyone.
I think we will see an exponential growth in the PPS up to a certain point like what most cannabis stock have done and the PPS will either stay around this area or come down some. I think the question on most people's mind is where is this apex at and how long will it take us to get there.
For me I would like to see .05 by next Friday if not earlier which is highly doable from what I have seen the last couple of days with this stock especially today. We will be having new traders come in this week once we hit .01 (which I think we will gap to pre-market on Monday) and the huge possibility of a PR being released between now and Monday morning! Who knows we might see .05 on Monday or Tuesday and ride up to almost .10 by Friday!
For those that missed some of Stervc thoughts. ..I bring this post back to your attention please!!!! "TTDZ,,,, Perhaps the Most Undervalued Marijuana Stock).