Cannabis Science, Inc. | CBIS | This Morning’s Focus

Cannabis Science, Inc. CBIS

We’ve stuck with CBIS for quite some time now, well before our medical marijuana round-up report on October 16th. Since we first began following, there have been several opportunities to profit off of this play.

Based on the volume and momentum that have been picking up over the past few trading sessions, it would be no surprise to see this thing run even higher. From last week’s low of .045, to yesterday’s high of .073, marks a 62% gain, testing a new high since the month of June.

We’re well aware of the monumental gains that CBIS can bring to the table. From late last year to March, the stock traded in a range from .009-.245.

We have also provided a video presentation of the CBIS chart for your viewing convenience:

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Extended Watchlist:
STLK, CGRA, ACGX, FRZT, SLGX, CYCA

ACGX | Alliance Creative Group, Inc | This Morning’s Focus

Alliance Creative Group, Inc. ACGX

We first began coverage of ACGX back on November 1st, and on that same day, we saw a low of .01, before the stock surged to .0179 prior to a .0145 close.

Since that time it has been bouncing around between a penny and .0175, as it seems flippers are having a grand old time buying near a penny, and flipping out for quick gains of up to 50-75% and as a result the stock is trading in a fairly tight channel. The 100DMA of .0178 is the key resistance at the top of said channel, while the 20DMA of .0119 seems to be the support level.

Once these flippers are churned out, and the resistance is broken, we think ACGX has a good chance of breaking out and perhaps seeing even a triple-digit gain.

The positive news released this morning is very encouraging, alluding to easier times ahead with regard to the interest owed on the company’s debt. The change in banks will allow for more financial freedom for ACGX, which in turn could translate to added value on the stock.

 


Alliance Creative Group (ACGX) Agreed to Amendment and Extension with Largest Debt Holder


Company Also Changes Banking Relationship to Increase Credit Line while Reducing Interest Rate

CHICAGO, Nov. 8, 2012 /PRNewswire via COMTEX/ — Alliance Creative Group, Inc., (http://www.AllianceCreativeGroup.com) (Stock Symbol: ACGX.pk) is pleased to announce that it has come to terms with its largest debt holder, Golden State Equity Investors, Inc. The parties have amended the terms of the convertible debenture and warrant agreement to settle on all old interest payments, reduce the future interest rate and extend the agreement for 5 years to 2017.

As of October 30, 2012 the Balance on the Prior Advance was $243,123 and the balance on the debenture was $141,812. The old interest rate on the debenture was 7.75%, the new rate will be 3.75%. Upon the exercise of its conversion rights under the debenture Golden State can convert to common shares at a rate of 80% of the past 3 day trading average price. Additionally, as long as the company is not in default of this agreement by June 30, 2013 the judgment against the former CEO, Paul Sorkin, will be deemed to be satisfied in full.

The Company has also changed banks from Centrust, a small local bank, to RBS Citizens, a very large international bank. The change was to help consolidate liabilities while reducing the interest rate significantly and increasing its lending limits.

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Extended Watchlist:

STLK, CGRA, PTN, MTSL, VIZS

Medical Marijuana Round-Up: Part Three

Medical Marijuana Round-Up: Part Three

Election Day has come and gone, and as we suspected, medical marijuana passed in certain states. While still against federal law, this was big step for the medical marijuana movement, and related stocks that we have reported on in the recent past. We were one of the first to the party in discussing the potential of these stocks as desicion 2012 drew near, and now of course, we see several other groups jumping on the bandwagon. Simply check out the dates on our previous reportsto see that this is, in fact, the case.The following is a list of medical marijuana plays that we’ve continuously monitored, and will continue to do so as we see how the successful push for legalization in some states affects their futures.

These are all stocks that have brought us sizable gains already, but with this new development, things could get really exciting as a result. We wouldn’t be surprised to see another wave of new interest in these and other related stocks.

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Medical Marijuana, Inc. MJNA

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Hemp, Inc. HEMP

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GreenGro Technologies, Inc. GRNH

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Cannabis Science, Inc. CBIS

____Here are several more related plays that we’ve dug up to give you as much of a variety as possible.

 ERBB, FSPM, GTLA,MDBX, MWIP, PARS, PHOT, RFMK, RIGH, SFIO, SRER, TRTC

____Extended Watchlist:
STLK, CGRA, ACGX, VLNX, CGUD

STLK & CGRA | Afternoon Updates

STL Marketing Group, Inc. STLK

This far today, STLK has touched a high of .017 on relatively light volume, which confirms that the tight share structure remains unchanged (for the past three years now).That high marks a 100% move on the day!

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CGrowth Capital, Inc. CGRA

Since we’ve been tracking CGRA, it has steadily risen from .08 to today’s new high of .17 (+113%). It has inched up on light volume, a good sign, and based upon the Level 2 (snapshot below), there appears to be little in the way up to the low .30’s.

 

STL Marketing Group, Inc. | STLK | This Morning’s Focus

STL Marketing Group, Inc. STLK

Yesterday we stated that “we expect to see the stock upgraded to ‘current’ status on OTCMarkets.com any day now.” As it turns out, we won’t have to wait after all, as that day is today. Below, find this morning’s PR announcing current status. We also played with the notion that a status upgrade could precede another run for the stock.

COLORADO SPRINGS, CO, Nov 06, 2012 (MARKETWIRE via COMTEX) — STL Marketing Group, Inc. (PINKSHEETS: STLK) has initiated the process of filing the initial disclosures and supplementary information to the OTC Markets and received a Current Status Opinion Letter from its counsel. As a result, the OTC has cleared the “Caveat Emptor” on the Company’s stock and the Company is now classified as Current Status on the OTC Markets.

In the past when stocks we’ve followed have gone current, it has resulted in heightened press activity for the company, so we wouldn’t be surprised to see a good bit of new information coming from STLK in the near future.

After we first alerted STLK on Monday, October 22nd, the stock saw a low of .006, and a high of .0235 that same day. The following day, the high was edged up to .0249. Maximum gains attainable at the peak on the 23rd stood at 315%

During yesterday’s session the stock saw a low of .0063, and a subsequent high of .0085 for a comparitively modest, yet still significant 35% intraday move. What this tells us, after now seeing two nice moves from STLK in just a short period, is that we are dealing with a fairly bouncy stock that could easily continue to bring us more chances for profit. Given the nature of the first run we observed, there is a high ceiling on where it could go, and yesterday’s bounce from our original alert price could signify just the beginning of the next run up.

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Extended Watchlist:
AMBS, CGRA, BBDA,

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