If you play in the stock market......

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Don't take my word for it, do your own DD, but this TXTM stock just got bought by maybe the largest pot producer in South Africa.

Lots to check out, but I was dabbling in this one years and years ago. Lotsa phony promises and pumps. Got impatient, and sold taking some profit.

Now I wish I still had my cheap 6.6 million shares, I'd be buying a new travel van. 

This opened at ,0020 last Friday and since the announcement of the sale, has gone up over 800%. Sitting at .0156 right now. make that .0159. Make that .0165. Up 60% this morning alone, while the market is down over 700 points. 

Of course there's pumpers talking a dollar (would take some time for that), but these folks in SA have a 2400 acre pot farm (2 crops per year), approved by the SA gov't for int'l sale globally. And their CBD process is estimated to have way more bioavailabily than others. 

Do what you will, but I just thought I'd share this for anyone who wants to check it out. I've seen pump and dumps, but this one MAY have potential. The news is all over the stock boards. 

Be careful, but you may want to check it out. TXTM. For under 2 cents, might be worth looking. 

Don't know much about this Douglas guy, (he may be an f'in trumpie), but there's some info on TXTM on the link.    https://twitter.com/Zeltardoug

https://investorshub.advfn.com/ProText-Mobility-Inc-TXTM-9720  Propaganda and pumpers???  Who knows? But it went up another 46% today. 

Good luck, Slick.

Cannabis company investments can be tricky but can also bring vast riches - if you are lucky.  It's been like the wild west here in Oregon and I have had a number of litigious cases where investors and business partners ended up scrambling for scraps when the bottom fell out of the market a few years ago or when mega companies move in in and kick out the little guys.

Exactly right, Ken. I bought into a pot EFT recommended by Motley Fool and even THAT tanked. Lots thought the cannabis biz would be the new dot.com but it hasn't worked out that way.  

Can't say my record is great, but I just thought I'd share this news with Zoners. This one MIGHT be different, with their gov'mt connections in South Africa and their ability to sell in other countries. 

Even if it goes up just another 500% to 7.5 cents, hey, that buys some concert tickets. But there's a lot of people in this now, not just some pumpers on a penny stock board.  

Thanks Raz. 

Take some profits now, your initial investment. Kicked myself in the ass for not doing that a few times, they can go down as fast as they go up

Yep. It's always a crapshoot and hard to determine when "the run" is over. Or will it continue and I wish I'd a stayed.........Constant question in these games. 

YEARS ago when it was in "trips", I had 6.6 million shares. This was gonna be the stock to retire on when it hit. Sold them and took some profits. Wish I had 'em now. Looked more like a scam then. 

Just got back in recently when things started stirring and it looked like something was finally happening with this merger they've been talking about for almost 3 freakin' years. Watchful about these RSAMMD folks, too. Some of their tweets have been strange. But they got the licenses to grow and sell, the farm, and the gov connections. Must've paid off the right people in South Africa. And the kettle process they got from TXTM shows significant increased bioavailability of CDB compared to other products. A weird scientist hooked up with a doctor with a farm and it finally happened.       

FOJC FTW

?

You get any river trips in this year, Ned? 

Friends of Jeff Chimenti? Makes sense.
 

Frozen Orange Juice Concentrate (Trading Places)

Nothing on the river, Slick. Took a nice 2 nighter in Death Hollow outside Escalante in May. Also hiked the W-Trek in Patagonia in January, did a bunch in Costa Rica in March/April (YES...I need to upload some pix to the Travel folder!!).

Looking towards July to do some local stuff in CO while the weather's good :)

One person's opinion, supposedly a retired CPA.

OK, I'm pretty well done with this. I posted and those interested can look if they want. IF and that's IF people prosper, I just wanted it to be my cool Zoner freak friends. 

But this has hit a lot of trading boards like a freight train and may have some validity. Hopefully, it's not just a bunch of happy horse shit.  Good luck to all. 

 TXTM Predictions  6-22.jpg

 

Cool/Thanks Slick....that's a lotta projected forecasting that also seems based on import/export laws magically changing with pricing continually in flux alongside the bulk of 'the market's being really fickle in terms of product & quality too. Happy Investing!

Something caught my skeptical eye. 

The current spot price wholesale of cannibis is $1114/lb which equal $505/KG.

 

What does that mean? Profit of yeild?

 

 

 

 

$2450.80/KG

Yield.