You people no nothing , how can you say what will happen tomorrow yet alone 6 mo. to 2 yrs from now.
Where you clowns come from is always a laugh for me.
No one knows what the mkt. will do and that is the entire mkt. if you were so sure mortgage your home sell your car hock your family members and place all you "KNOW" on FITX then in 6 mo / 2 yrs sell and retire till then wait and see like everyone else.
Pd. hack kill me with their predictions just as bad as the bashers that say this is going to crash ,
The entire MJ sector with have growing pains , some will make it most won't , these sm. co. that came in to merge with growers etc. to get "name" Rec. Marijuana tag are more likely to fail vs the grower that are established , and the ones already in the business.
SPECULATIVE - RISKY - Wait and see instead of pumping yourself up to a longer fall if it fails.
and yes I own this and others and sold one for profit that now is close to a bottom feeder IDST , made profit and took it now .02 / .03 sold 45% gain .047 glad I did, that is why we're here not to pump , hold , short , call but to make $Money Period$.
Weeeee - away we go , feed the pig.................
This is a He** Mary pass play at best , SPECULATIVE - All MJ Stocks are and scammers / greedy buck hunters and the likes are all around sniffing the loads of money that is being attracted.
Many on-the-ropes Pink Pennie Plays are here trying to claim a merger and using B's shares as trading chips to claim partnership but the Growers take the shares , and the money they generate to build their facilities and give up a sm. percentage and the Pennie Pinkies sell off the remainder of the B's of shares to line the coffers and all win/win situation for them and a nightmare for the unsuspecting investor that puts in a thousand or so for cheap shares in hope for a winfall that most likely will never come.
Understand the words - SPECULATIVE - NO GARANTEE - RISK then you'll understand the mkt. better.
Did you think for a moment a qualifying grower would give up his ace in the hole , they negotiated a good deal for themselves , having someone else supply the building materials and equipment yet keep the Lic. to themselves so they no matter what continued complete control.
The puppet Masters of Weed are alive and well from what I see , as B's of shares are traded to get what appears to be a 10% slice of the pie "Only after the Management takes their amount". what's left could be dividend but I would think it will be divided up into expansion cost , maint. , overhead etc. normal corporation tactics ; the top get richer and the lowly investor fronts the cost.
This is dead money here ; you my-as-well face the facts that it is a write off for your 2014 Tax season.
The stupid greedy little Bas-turd management diluted the amount of shares via 100 Billion sending this into a spiral down the drain.
They even did it under the cover of a -A / 1A filing that keep it disclosed for months till it popped up on pg. 16 or 17 buried in the SEC filing.
Management isn't forth coming with financial status , if you contact them usually you don't get answered and when you do it is Fluff / PR that spins the wheels off things that "May" "Could" "Possible" but accual things are far and few between when it comes to moving up or positive moving forward facts.
Wasting our time here , Management appears to be lining their pockets with a special offer to those that buy very large blocks at discount (.0001) then go to some #$%$ attorney to get a letter saying they are aloud to sell the stock at (.0003) tripling their investment but skirting the normal investor !
This post is all my opinion and "Guessing" do your own DD but that is My Opinion - Only
This is not a recommendation for facts or buy / sell suggestion - Just my opinion as and investor that did his own DD and concluded the above opinion.
GLT - what-ever you do..............
With your multiple poster names you sure like to blow smoke / Let-Be-Gulable....
Nat-Hapnin - Plus the puru thing , that gold show on TV that went there got nothing but trouble from the people and Gov. had to pull out teir operation.
Precious Metals will stay in this price range for some time IMO , not going up / down much till the Political Situation , QE , World Unrest , China etc. all start to show a definative direction - ride the waves till then - Grab a drink and chill till about 4Q or after into 2015 IMO.
There is not going to be much up / down movement till a true direction is established again with all that is going on in the political arena / world unrest / China / India etc.
So grab a drink and sit back and wait for a while , 4 quarter at least and after IMO.
Advertise some food products for: Bread $3.50 loaf / lunch meat for $8.25 lb. (cheap bologna) , along with cereals , frozen products like chicken , ice cream etc. and of course Milk...all inflated in price then give it away for free with coupons / Take the inflated price off on their Tax Bill, your allowed to do it since I see several companies that are already getting away with this with the IRS as deductions on total Taxation.
Individuals can't though just big greedy companies like Wally M can..........Maybe I could grow some flowers in my back yard and give them away one at a time for a $20. each deduction on my taxes ,grow about 2000 flowers and deduct $40,000. then I could be a family member.... Wala - I now learned how to skirt the Tax Code from Wally M............ Big Brother is coming to a store near you , Watch and Learn - Whistle Blowers Society ! Has Learned a New Exposure Trick..........................??????
You are an IDIOT PERIOD - Mr. Take-Me-Stupid2004
Figure out what it cost 20 Union workers / then how much work do they accomplish after a severe storm hit a major cities electrical grid..... Now Calculate what you pay the CEO for sitting on Mahogany Row or at the Country Club / Back Nine with his groupies.... Plus a CEO / COO / CFE or any executive of a major company has and Attorney Negotiate their Perks , Salaries , Bene's and Plat. Parachutes just as a Union has to negotiate their package.
So in the end all are the same , e xcept you get one Hel* of a lot more work out of the 20 line workers then you do out of the one CEO sitting behind his desk or at the course. You are now on IGNORANT (not IGNORE).c
When you go to the hospital after have your H attack make sure you don't get some lazy / stupid Union Nurse to attend to you , I would hate to see those non-educated medical personal fix you up.
Ask for some Mx illegals working or minimal wage to check on you every few hours and administer you medication.... What a jerk you are , Take-Me-Stupid2004 - I'm glad I can count on my Union workers for steel , autos, construction etc. hate to have all those foreign non - members build everything for me , couldn't trust the quality like those Chinese Products that last one or two times then you throw them away. Maybe non-union can wire your home so you get a good charge out of it????
story link on fitx board - these MJ want-a-beees can't seem to get it right. entire sector now under close scrutiny from SEC - Look out below , Oh that's right slbv has only .0002 to fall.
They have the article posted to view.
These MJ plays are falling like rocks of a cliff.
Problem after Problem , too many want-a-be pretender weed stocks.......whole sector under the gun and eyeballs of SEC....Can be a good thing down the road but present investors will front the burden of PPS loss. Look out below!
All MJ stocks are under pressure right now especially these newly formed merger Co. waiting on Lic. building facilities , since the SEC is investigated CANN ,halted trading on PHOT till 4/24 / and several other under the microscope ...... Hopefully this helps clean up the MJ scammers and Bull S***ers and things can start to be business as usual. / FITX / PHOT / HEMP deal with STBV and FITX cutting 25% ownership ties with PHOT and a big discussion on FITX Poster Board about the different other MJ business ties they have has spooked the MJ Mkt. place.
I'm sure they will look this way too since it is the pennie Pink Sheet MJ World that has grabbed their (SEC)attention.
If you think IDST is a solid Co. consider it a buying Op , if not wait and see what happens in the next few weeks.
HEMP merged with GTLL and I see STBV is have some deal with HEMP ,as FITX breaks ties with PHOT which had ties to 4 other MJ plays ,
Musical chairs in who is trading off stock for links and all are not growing anything yet that I can find but are "Suppose to be" in the MJ Business with ties to all this hype.
Things are starting to unravel / chips are falling along with most of the PPS.
Better check all this agreements and stock trade offs that are being then sold on open mkt. to investors that don't know or didn't do enough DD to find out whom / merged with Whom and what kind of trade off deal is in place.
Buyer Beware Alert IMO.............
Should of bought PHOT they were .50 Cents just before they were halted via SEC / now PPS will be , .0001? / hopefully this doesn't reflect too badly on FITX with their ties to them and overall SEC sniffing into MJ world / maybe the SEC just wants to get a contact high - LOL.
It is good they finally are policing the MJ sector but a little late since many investors got burned and now even more with stock halts etc. but once a message is sent and a clear path to approval / lic. profits established the good players will emerge. Just tuff so many will lose their initial gains etc.
Reminds me of a movie I watched about money wash and cartel / It had a good plot to it anyway / 2 guys 1 girl all supposedly cleaning house on making money selling stuff then forced to step it up after the girl is kidnapped / So the 2 guys kidnap the cartels daughter and try and exchange. Worth a look see?
Light-em up boys ; it's the last hoo-rah - come the 24th the shares will be worthless. / use could use them to roll a joint. MJ "Speculative" Play shows what pinkie pennie sheet what OTC really means.
Another Lesson Learned..................
I think I'm pose a idea to Scotts Fertilizer company to change their name to : Drum Roll Please *^*^*^*
FROM WEED & FEED TO - "FEED WEED" - Ta Da.....Thank you , Thank you , Thank you as the King would say!
The deal with with FITX has been cancelled and the money loaned to them will be refunded within 90 days a 25% stake for $20M / of which $5M was already paid. According to the CEO of FITX / this was suppose to be and announcement made on Facebook. ( I don't go on Facebook so I can not verify it but was posted on FITX Yahoo board).
So now the ripple effect happens and FITX will drop today , maybe the SEC will go looking there too?
The one I hear they need to look at is STBV - but the SEC involvement will halp the very new guy but other guys that are in at these prices and just below are going to get killed on PPS.
The SEC needs to put in the rules on pinky so this doesn't keep catching the investor after the fact not wait let these clowns make a bunch of money and then come in with a list of rules and shutting down trading which bury the investor. MJ needs cleaned up but so does the SEC before the facts on all pinkies , catch 22 on a lot of us I guess.
So those law suit guys need to tie up those payback funds and get some of their money back.