On the IHUB KAYS board there is some decent discussion and the CEO occasionally jumps in.
I agree this penny stock is real and can grow wings...
Sentiment: Strong Buy
Exemption Allowing for Kaya Shack and other Licensed Dispensaries to Begin Conducting Recreational Marijuana Sales
in Less Than 65 Days
Stunning Provision Provides for
No Taxation on Sales
Through End of 2015
Sentiment: Strong Buy
OLCC speaks out on co-locating medical and recreational marijuana sales
PORTLAND, OR – Recreational and #$%$ should not be sold at the same retail outlets unless both products are tracked and tested in the same way, the Oregon Liquor Control Commission said today in a message to the Oregon Legislature.
The request was approved by all five Commission members as part of a memo to legislators that identified potential gaps in Measure 91, the recreational marijuana measure passed by voters in November.
“OLCC does not want to be responsible for the co-location of medical and recreational operations unless the medical side is run in a manner consistent with federal guidelines,” said OLCC Chairman Rob Patridge.
Federal guidelines require that states that have legalized recreational pot ensure that marijuana does not move into the illegal market or across state lines.
In implementing the recreational marijuana law, the OLCC will use a “seed-to-sale” system to track marijuana from licensed growers to processors, wholesalers and, eventually, retail outlets.
Oregon’s #$%$ program, currently administered by the Oregon Health Authority, has no tracking system.
I think 2015 will be a good time to accumulate. So far I am at about 35 thousand shares. My goal 100 thousand before 2016 when the recreational world will be unleashed. It is going to be a slow grow scenario IMHO. But growth if will be.
I added more today as well. I am still underwater with and average cost in the 9's. I am trying to accumulate 100 thousand shares before the run up. The biggest downside would be a new regime in Washington that would enforce federal law. Other than that, there is nothing but upside. Might take two years to hit a buck (or a drive on a lonesome highway- Ha) but I think it will happen.
I am still watching this paint dry......From my stand point we have a solid entrance into the industry.
But, with very little $$$ to grow, it will take a while......
Who is Dave....? If he is with the company and giving out information (insider not communicated to share holders and SEC) then it is violation of sec laws. Which means this is rumor and not valid....
In the first quarter of 2014 the Company raised $250,000 from a Cayman Islands based investment fund for the sale of 2.5 units = from 10Q...So the company is living on the edge and whoever made this investment get s 5 million shares...Which equals .05 cents per share.....High risk - High reward....
ALL BANKING on the first shop opening this month.....
8.50 that would equal a 16% Divy.....That is a load up call.......Awesome!
Thank you for the insight.....You must be a billionaire with that kind of ability.
And to think a billionaire is posting on a Yahoo message board.....Only in America....:-)
With this far below NAV the company will step in a buy back shares. It is a very positive investment. I believe the selling pressure is from being removed from the index and the SEC scare just put money managers in a potentially bad position. Great opportunity for me however. I now have 10K and will double down if it hits 8.50.......
Well, great honest article. This is not going to be a high margin industry in Oregon until they pass the law for recreational use. However, being in on the grand opening will position for good margins. In addition, as legalization grows there are great opportunities. Keep in mind, at the federal level there are still legal issues.
Are we ever going to see any revenue? There are ads on the site, but never any report of $$$ being generated. Not sure where we are at and where we are going.....Any thoughts or is this a dead pig....?
I currently own over 100,000 shares of this company. I like you like the concept. However, the business model is not very clear. All I know is the intellectual team that is put together has a lot of potential. Furthermore the founder has invested a ton of his own money.......It's definitely a long shot at this juncture, but I am hanging in there, but might end up being hung out to dry.......
Before you bash this information, look at all my other ARR posts.
Over two years worth.....I know this company....Made mucho $$$ buying, holding and SELLING
Place a buy order at 3.55 and walk away........