Good evening traders!
Before we get into our new alert tonight did you see our play today?
BYRG went from .0005 to .0009 for a gain of 80 PCT and traded for record volume of over 410,000,000 shares!
Congrats to those of you who took advantage today now let’s jump into our new pick that we feel could be again another HUGE winner tomorrow morning.
I don’t know if you’ve noticed but right now medical marijuana is the biggest thing happening on Wall Street.
My latest pick is ostensibly an oil play but the company has shifted focus in order to capitalize on the projected $100 BLN a year medical marijuana industry.
Frankly, I am not surprised and I won’t be either when the price for this play shoots through the roof. If you’ve been keeping watch lately you’ll no doubt see that medical marijuana companies are soaring.
You’ll love this company because it isn’t just talking up the growth potential of the industry; it’s actually in the trenches, right now participating. The launch of a dedicated subsidiary to handle the push for medical marijuana profits is just one part of why I think Wall Street is set to reward the play with a massive breakout.
And get this; the technicals on this bad boy aren’t lazy either. A recent rally of 29% and monstrous volume has shown that this company means business.
What about you, do you mean business?
NEW Penny Pick: Petrotech Oil & Gas, Inc. (OTCPINK: PTOG)
· PTOG subsidiary company Legalizepot.us and LP. US Inc. is getting ready to set up retail outlets for medicinal and recreational marijuana in downtown Seattle.
· PTOG is benefiting from the massive interest in medical marijuana plays at the moment and the company is in the midst of a huge uptrend.
· PTOG’s current momentum has translated into very strong rallies. All told more than 1038 PCT has been added to lower valuations.
· PTOG has seen breakout trading in recent sessions, the latest of which was saw more than 40 MLN shares changing hands.
· PTOG has a very strong positive rating and its 52-week high of .40 seems ready for a huge test right about now.
PTOG (PetroTech Oil and Gas, Inc.) initiates, operates, and develops enhanced oil recovery (EOR) opportunities within qualifying oil reservoirs in the United States.
PTOG also operates as a construction and heavy equipment company that bids on various third party jobs for state and independent oil companies in the form of fee or joint venture, including the work over, treating, and installation of production equipment; and plugging of abandoned wells with the state compliance agency, as well as bids on road work for the state or independents.
PTOG also engages in developing and acquiring technology in secondary oil recovery, oil and gas reporting software, trading software, and nitrogen and CO2 injection equipment.
PTOG intends has launched its own subsidiary to capitalize on the growing medical marijuana industry. The subsidiary company is Legalizepot.us and LP. US Inc.
Money to Burn: Colorado Hauls in $2M in One Month of Pot Taxes
Colorado inhaled about $2 MLN in recreational marijuana taxes in January, the first full-month of revenue reported from the fledgling recreational pot industry, the state’s Department of Revenue announced on Monday.
The tax total reported by the state Department of Revenue showed $14.02 MLN worth of recreational pot was sold with the state collecting roughly $2.01 MLN.
The taxes come from 12.9 percent sales taxes and 15 percent excise taxes on recreational marijuana.
“The first month of sales for recreational marijuana fell in line with expectations,” Barbara Brohl, executive director of the department, said in a news release. “We expect clear revenue patterns will emerge by April and plan to incorporate this data into future forecasts.”
Denver county alone accounted for about $1 MLN in recreational pot taxes for January, the Department of Revenue said.
Medical marijuana added another $1.5 MLN to state coffers.
Colorado has about 160 state-licensed recreational marijuana stores, though local licensing kept some from opening in January. Local governments also have the ability to levy additional pot sales taxes if they wish.
According to the state, by the end of January, 59 pot business has filed state tax returns.
Initially the tax haul from marijuana was expected to add about $70 MLN to state coffers per this year.
According to Denver Post, lobbying has already grown intense at the Capitol for how the money would be spent
Colorado Gov. John Hickenlooper sent an elaborate plan to last month that detailed $134 MLN in spending from combined medical and recreational pot taxes, the Denver Post reported.
Lawmakers will decide how the money is used beyond $40 MLN already earmarked for school construction.
Recent Corporate Developments
With PTOG you literally get to have your cake and eat it. Medical marijuana is now a massive cash cow and oil and gas, well, that’s been profitable forever…
Start your research on PTOG right away.
For information on PTOG visit: http://
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