I think that when the good Doctor Harnoy decided to bail, the company was basically a shell....the CEO was desperately trying to put something into the company to avoid getting delisted as a non-reporting company without any business (something to that effect). I still think that although not a huge revenue generator, GNIN will be good. The fat free company, Marvanal....nothing much if at all.
The money will come from Pilus and if they close on the MJ deal, that could be the #2 revenue maker. I'm liking what is going on right now....
you need to pay attention to what they are now doing to generate revenue...
1. Pilot program with Budweiser
If successful-millions of dollars annually and similar business with other industries (this makes it a stock above one dollar)
2. Same with pilot program for city of Cincinnati
3. About to be acquired MJ cream company....instant revenue
I can (pretty much) assure you that this is NO pump and dump.....pay attention to what the company IS doing. The only dilution was to acquire another company for stock....not cash. I think the CEO has turned this company around. Once the pilot programs begin, then will you say the same thing? Why bash....did you lose a lot of money here? I would feel the same way if that happened to me...but just keep it real.
That's what I've been saying all along! Except this IS the ground floor....when it's at ten cents who cares about half a penny-and if the tech works as well as they think, we're looking at dollar(s)....believe it or not!
Are you sure that you're on the right board....?
What post are you referring to?
If it's about the Pilus deal....they paid them in stock equal to 2 million dollars at the time of the close.
That's better than cash as Pilus MUST think that their stock will be more valuable in the future, which is a no-brainer.
This company is in business AND they are on their way down the tubes. STAY AWAY!!!!!!
Go do some research on TAUG....that will be a winner!
Read the latest PR's....company looks bad, but not the case....getting ready to close deal and take off with pilot programs in place as soon as deal goes thru which should be soon.....VERY soon!
A very strange trading day.....I can only assume tax loss selling because nothing has changed in the fundamentals....if anything the stock should be higher IMO.