It sounds to me like you are a short. You don't even know what you mean by pipe lines. Do you even know what they sell? What they sell already exists on the market and does not need "approval." You seem to not know this company and doesn't seem to have factual knowledge about this company. Time to move on shorty!
No solid pipe lines? And you are basing this info on what evidence? Link?
Burned but not out. Their business is real and will be extremely profitable when CA and TX both legalize MJ which will happen soon enough. GDPs of TX and CA alone are more than many of the countries in the world. Imagine the impact when federal government legalizes MJ. That day will come and shorts will need to cover.
I'm holding FSPM. Down a lot but as long as it weathers this "turbulence" with the entire MJ sector being driven down by big money, the business model is very compelling. Big money is short the entire sector now but they will have to cover soon in anticipation of the good news coming. There are high probability that Texas and California will legalize it for recreation IMO. The GDP of these two states alone along with money to be made will be HUGE. In it for the long haul. I agree it could be a 10-bagger if not more long term.
I'm also down but also holding. Please inquire about their plans to be back on OTC. They probably won't say much if anything. Can you let us know if the operation looks legit and update this board with anything else you see. Thanks in advance.
California and Texas will be legal. I think almost all states will make medical MJ legal and many states including California and Texas will make recreational MJ legal. Money to be made from just California and Texas will be HUGE for MJ companies. Federal law will make MJ legal. Just matter of time. The domino effect has started. Remember, stock market moves well in advance of anticipation of the good news. GLTA.
MJ will be legal. Just matter of time.
Sentiment: Strong Buy