[EclipseFour20]

Value, allow me to help you on a few points:

First, I played the "big game" a few times during the last two decades (both pubic and private) and know exactly what the rules are how the game is played; both "on the field" and "off the field". I made my stack in stocks already....so you might say its your time. Been there and done that.

Second, we don't know each other--so to cast judgement my risk/tolerance is rather "pre-judgmental" on your part. I appreciate your youthful exuberance but if you look back, I just said these are a few questions I would ask and have no reflection on my personal/professional risk/tolerance.

Finally, having worked a few decades in the corporate finance arena (due diligence, governance, interim CFO, etc) part of my compensation included stock, options, warrants, etc--all restricted. I know first hand how to move restricted securities before its time; is not impossible--just pricey. And yes reporting is required, but let's just say sometimes the reporting is late....like months/years late (oops....we forgot, administrative mistake, we told the attorney...his fault, etc). So IMHO, restricted stock means exactly that: it is "restricted from free trading" and expect a hefty discount if the legend is not removed if you want to cash it in early.

BTW, when a "public shell company" enters virgin waters and "family" become the experts...I question their business judgement (not invalidating it--just challenging it). My life-time experience is--if I want to surround myself with experts of a particular field/science/knowledge/expertise...seldom will the short list contain names of "family and/or friends". Not saying that it does not happen, let's just say, "it is another thing that warrants further inquiry", besides, nepotism has a way clouding ones' mind--especially when important decisions are being contemplated.

Sorry if I sound cynical, but having participated in dozens of due diligence investigations and part of the team that put together dozens of successive deals...certain things become second nature and it is hard to explain it with great specificity, but in the world of "investment": seldom are things what they seem.

Friends/associates gave me the nickname "doc" years ago...seems I have a skill-set to sniff out and make sense of crazy technical shit better than most; one of my due-diligence assignments was to interview the eggheads/scientists of the target company and verify their claims. Yeah, "back in the day" my business cards had a collection of alphabet soup printed behind my name, but PhD (pile high degree) was not one of them....lol. It is one of those things where your reputation precedes you--and in my case, I'm stuck with the nickname "doc".

[valueseeker]

Sounds as if you are very knowledgeable in the public arena and I can certainly appreciate your skepticism. I also understand a thing or two about this arena so you are "preaching" to the choir. There is for sure an Art to all of this so good luck to you in all of your endeavors

[RetroGrow]

Originally Posted by WeedDiva

CGRW is a beast and on the way to .50 from here.

1st post? How many other weed sites are you pumping this on?

[audiohi]

Well, I will say this... I've barely read this thread, but if you had the balls to play this stock from Nov. - now.... Very nice trade. Book those profits.

It's been tough out there lately in canna stock world.

[RetroGrow]

The entire stock market is a fraud on the American public, especially these OTC penny stocks. Nothing but a license to steal. MOST trades are done by computers trading with each other,making thousands of trades per second, trying to make fractions of pennies on each trade. It's like a vast chess match played by bots with our money. Totally corrupt. This is not your father's or grandfathers stock market. Computerized high speed trading should be outlawed.

[valueseeker]

Originally Posted by RetroGrow

The entire stock market is a fraud on the American public, especially these OTC penny stocks. Nothing but a license to steal. MOST trades are done by computers trading with each other,making thousands of trades per second, trying to make fractions of pennies on each trade. It's like a vast chess match played by bots with our money. Totally corrupt. This is not your father's or grandfathers stock market. Computerized high speed trading should be outlawed.

Well said!! I have been trading MicroCaps for years and actually make a very nice living at it but I have a really tough time trading Blue Chips or Options even. With the Pennies I have to deal with toxic financing and CEO's that are better dreamers or liars than anything else, but at least I know what I am dealing with. With Blue Chips I would have to deal with computerized high speed trading and a media that can change direction on a particular sector just about as fast as the computers can trade (about nano seconds)

I usually trade in and out of MicroCaps in the same day or at least the same week. When one of the axes shows up on the box I know he is selling for a funder with discounted shares so I trade accordingly. I purchased CGRW back in Sept below .05 when it came up on a volatility scanner on the 18th, took three days to fill 100k share below .05 but it was worth the wait. I first came to my attention back in June when it did a typical Pop and Drop (I call them gap and craps) I opted to not participate then because the story (press) was just not saying much that blew my skirt up.

I put the stock on a watch list and when it popped up again I decided to give it a shot. I sold half the first week of November and as the story comes out I like what I see. Doesn't mean I am getting married but they do have my interest. This sector could go nuts again and I would love to have a little piece of it.

BTW: my last grow was in "89" and there is so much new information and techniques that I get overwhelmed reading about it all. It has all peaked my interest and I keep thinking about checking into it a little closer. Looks like a lot of red tape but for a retired old guy it might be fun. Good luck to you sir!

[wingdings]

Stocks are a decent way to slowly gain capital. A better investment would be a well diversified commodity trading strategy as commodity futures are highly leveraged. I'd recommend at least 50k to start an account to be able to deal with an initial drawdown.
Cannabis will probably become a traded commodity within the next decade. No easier way to control 1,000 pounds at a time.

[Lefthand]

I threw $500 at FITX stock, I bought at .06 it went to .12 now its at .015.
They are a pump and dump stock, in the past year their biz partners have had their trading suspended, they have been unable to acquire their grow license and have had their CEO get rich dumping his stock and is being investigated. Today they announced a new CEO.. Let the shit show continue...
OTC=cheap potential buy in. I did it more as education because I do not know the stock market and am ok with cheap lessons..

[Lefthand]

Real estate is where its at right now. Rents and home value are increasing faster than ever, at least here in Denver/Boulder area..

[valueseeker]

Originally Posted by Lefthand

I threw $500 at FITX stock, I bought at .06 it went to .12 now its at .015.
They are a pump and dump stock, in the past year their biz partners have had their trading suspended, they have been unable to acquire their grow license and have had their CEO get rich dumping his stock and is being investigated. Today they announced a new CEO.. Let the shit show continue...
OTC=cheap potential buy in. I did it more as education because I do not know the stock market and am ok with cheap lessons..

Sorry to hear about that loss. I looked at FITX just as it was turning into a cannabis sector stock and the dilution had already bloated the float to well over a billion shares and the price was in the triple zeros... it was a great trade for some, but I passed because I don't like to have to babysit stocks.

BTW: CGRW closed 2014 with a last print at .40 and a 52 week high. only 25 million shares in the float