Some info from the CEO...There's potential for sure.First of all there's no "pump" here. Obviously people took notice from the jump in volume, so some of us decided to ask questions. In talking to Ron (the CEO) here are the notes I made. Just wanted to note that he is a great guy, cares about the shareolder (especially because he the biggest one with 29mil shares), and very easy to talk with. If anyone wants to know anything else, call the company.
Here are my notes:
Cannabis
Seems more difficult to implement MJ and I would expect blockchain to take it’s course with the company before MJ. Here are the notes:
- Has spoken to producers but can’t seem to create a deal.
- Needs data…..can’t get it Needs to find DEAL!!!!
- Likes the idea of cannabis for pets
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Focused on medical MJ (noted: not rec) especially with pets – helped him when he had Cancer.
(not much other than that)
Blockchain
Ron loves the blockchain concept and these are the notes that I took away:
- has blockchain guy that wants to bring it in.
- feels the company is a great shell - talking to blockchain ppl tmw
- is in discussions….. There are people interested that have $$
- NOOOOO ROLLBACK – HE OWNS LARGE AMOUNT OF SHARES (He owns 29 MIL SHARES)
- Raising $$ without much dilution
- Needs arrangement for mapping
- NEEDS MONEY AND A DEAL
- TRACKING DISTRIBUTIONS….SITES LOCATION….PROFITABILITY
- Has people at the table to divest but no deals – interest
Conclusion:
- Very intelligent, passionate, and ambitious entrepreneur. Savvy and seems like quite the negotiator. Has put a lot of his own $$ into the company and really wants things to get rolling.
- Extremely focused on finding the “right deal”.
- There will definitely be a pp with minimal dilution depending on price of the pp
- Great entry point at ground level of a potential blockchain play.
- A lot of eyes (and interest) on the company now after the massive volume on Friday.
Thinking it would be great short-medium term investment. I got the feeling that Ron is a straight shooter and isn’t a “hype” guy. Lots of potential but the deals just don’t seem to be there….yet. Hope this answers any questions. If not, call the company yourself.
JordanDee