Aha, I see, thanks. So, I guess then we will not see the 10K for a while, possibly over a month from now. Trying to think of future catalysts we could see from now until then, possibly news on the new line of products and also marketing efforts and distributors. I think if by early October if we get the 10K that should really boost the stock because a greater number of investors could become shareholders after having access to see the inner workings of the company. I think just on discipline alone, many potential investors probably remain on the sidelines for a stock which has the yield sign and is not fully reporting, not to mention the trade for trade restriction. I think the major potential catalyst for the future is uplisting to the OTCBB. If that could be done by Nov elections or the end of the year, I think the volume could be much greater and the share price could go up because of the new interest in the stock and company. There is also the matter of the Q2 report, unless management intends to roll that into the 10K, however OTC markets site may soon downgrade the reporting status to the dreaded "STOP - No Information" sign if nothing else is submitted or filed within their reporting time constraints. While the business plan looks great and management has already brought shareholders value in terms of a growing company with products and sales, the corporate side of the action and change has yet to be verified via official filings. I think once those are made public we could see a big change in the stock. Until then there are still other PRs and news items which could be bullish for the stock.
As a shareholder I would though like to know exactly how many CannaCigs the company itself has in inventory and what the inventory situation is for all of the distributors to which we have ever sold. I have a feeling that the market is not properly valuing the worth of the inventory the company has on hand and the number of units already sold. Forgetting about every other valuation factor and just focusing on net worth of inventory and assuming basically zero debt or costs, about 2,000 CannaCigs alone, if sold, is worth about $200k and assuming a very low P/E of about 25, that comes to a share price of about $0.0045, not even close to the current stock price!!! And such a share price valuation only accounts for the worth of the immediate inventory, nothing else. With the company talking about 10,000 units for upcoming quarters, the profits alone could be close to $500k which alone would value the stock at about $0.011 at a very low P/E of 25. Hmmmmmm....
GLTA!
$RFMK!
