Not so good for recent investors.
TRTC made $1.5 from selling stock Q4. (Yahoo Cash flow) Thats when the stock price was around 10 Cents.
Terra Tech Corp. (TRTC) Dec 31, 2015
All numbers in thousands
Sale Purchase of Stock 1,567
I bet they are cashing in really good right now. I cannot wait to see the Q1 and Q2 report to see how much they have made on selling stock into the float lately. Check out the Yahoo historical price. How much of them tens of millions of shares are the company selling shares?
Hey Planetary, My guess is that the company is selling a few million shares into the float to build up some cash. I have buy orders in at lower than this price, so technically I am a basher:)
Is that the price on your buy order? I have a buy order for TRTC close to that.
We will see which way CANV goes on Monday but if I goes down I will Be buying more. Looks pretty good long term relative to other MJ stocks.
Why don't you short a Stock that has a revenue of 12 thousand dollars and Market Cap of 39 million dollars? There are the Bagholders. You may make some short term here but that is a long term short. CANV is going to bit you back if you short for too long:)
Cannabis Sativa, Inc. (CBDS)
Revenue (ttm): 12.46K
Market Cap (intraday)5: 39.24M
Price/Sales (ttm): 3,097.35
Total Cash (mrq): 26.76K
As many times I treid to put this comparison on the MJNA board Yahoo would not let me. Oh Well, I got it all off of yahoo financials.
Hey Bagelmaster, You should take you gains and invest in CANV. Much better Stock in the long run:)
I tried to go the the MJNA board and reverse this on you. Saying sell MJNA to Buy CANV but Yahoo will not except this post. Do you work for Yahoo?
Ok lets do a comparison between the two companys.
#$%$, Inc. (MJNA)
Market Cap: 65.70M
Price/Sales (ttm): 5.63
Qtrly Revenue Growth (yoy): -53.60%
Shares Outstanding5: 1.90B
CV Sciences, Inc. (CANV)
Market Cap (intraday)5: 21.83M
Price/Sales (ttm): 1.79
Qtrly Revenue Growth (yoy): 123.20%
Shares Outstanding5: 35.21M
NO THANK YOU!
It seems a little funny that XTN followed the price of fuel down when Transportation cost is based on the price of fuel. My guess is that was becuase there was a concern that the demand for fuel was dropping which would be bad for transporters. Demand did not go down it was 100% supply side. Now that the cost of fuel is starting to increase XTN is following it back up. GO FIGURE:)
This seems to have become a Political question. Minus politics I thing the Biotech sector would not be no where near this low. My guess is it crosses over $200 in the near term. The question is will we see it drop again closer to the elections.
Yeah let the trtc generate some more cash from selling outstanding shares into the float. It all depends on when they feel the price has a good peek. Then when it hits the lows buy back in.
The problem is you may have pulled the trigger to soon.
From Yahoo Cash Flow:
All numbers in thousands
Period Ending Dec 31, 2015 Dec 31, 2014
Sale Purchase of Stock 4,579 4,308
Yeah, MJ and Humans have had a symbiotic relationship for thousands of years. The fibers as well as the CBDS.
I hope CANV had another 100% or so Q/Q Rev. gain like Q3. That would be nice!
CANV has a very reasonable P/S compared to other MJ stocks. Much more room to grow for the stock price long term.
Cannabis Science, Inc. (CBIS) Price/Sales (ttm): 6,485.89
Cannabis Sativa, Inc. (CBDS) Price/Sales (ttm): 2,475.29
GW Pharmaceuticals plc(GWPH) Price/Sales (ttm): 51.39
General Cannabis Corp. (CANN) Price/Sales (ttm): 14.22
CV Sciences, Inc. (CANV) Price/Sales (ttm): 1.79
I just checked the NT 10-K 2016-03-29 and it looks like you are right. The way I read it was that they had 15 day's from March 31st to file.
There was alot more in the article. Hope to see the 2015 annual results soon.
The Parabolic Rise of CannaVEST Corp (OTCMKTS:CANV) April 13 2016
"Currently trading at a $18 million market valuation CANV is late on their filings with a NT 10-K filed in March. As of their 10Q in November the Company had $1.2 million in the treasury, over $20 million in assets and virtually no debt as well as significant revenue growth reporting $4,151,180 in sales for the 3 months ended September 30, 2015 up from $1,859,961 in the same period last year. CANV is one exciting story in small caps; the Company has positioned itself as the market leader with its hemp-derived bulk and finished cannabidiol (“CBD”) oil products and is one of the most explosive pot stocks of them all skyrocketing to $200 a share the last time the sector heated up; now that pot stocks are on fire again CANV Investors are all over CANV."
Cannabis Sativa, Inc. (CBDS) 2.35 Up 0.44(23.04%)
That is if you do not mind a Price/Sales (ttm): 2,475.29
My understanding is the CANV currently only deals with Hemp CBDS which are already non-regulated. They can be shipped all over the US and Europe. If MJ gets moved to schedule 2 then I see no reason why CANV could not moves some production to MJ CBDS.
You may be right about the price for some time but think about it. With a revenue of $12,460 a year if this was a individual they would not even need to pay taxes due to the standard deduction. Whould you look at that individual and think damn they are worth 32 million?