Failing as a mining company, failing to enter the Bitcoin arena, the penny stock of Rostock Ventures Corp. (ROSV) finally made something of itself by joining the marijuana craze. Gregory Rotelli, President and CEO, saw a chance to do something different and decided to attack the social media/marijuana industry by creating iWeedz. Finally, the shell that David M. Loev & John S. Gillies of The Loev Law Firm, PC helped to create back in 2009 has found a way to get off the shelf and make something of ROSV stock which has now gained 300% since mentioning marijuana.
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ROSV Stock Quote
Market Cap: 4.97M
Last: 0.12 ▲ +0.031 (+34.83%)
Dollar Volume: $990,248
Issued and Outstanding: 41,412,559
14-Day Rel Strength: 82.22%
1st Resistance Point: 0.1339
1st Support Level: 0.1021
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Rostock Ventures struck it big with this iWeedz.com creation since it allows them to pull off the same kind of run Greg’s other venture, Independence Energy Corp. (IDNG) did back in May/June, 2012. Even though most marijuana stocks haven’t need to be pumped, ROSV stock is following the path IDNG did since it was able to be one of the top traded OTC stocks prior to it’ 5-for-1 stock split which crumbled the share price to unrecoverable levels.
The reason why it’s important to note the share split of IDNG is because Rostock Ventures has been planning to effect the same thing, a 5-for-1 split at some point in the coming days/weeks. Funnily enough, Luis Carrillo, one of the partners of the former Carrillo Huettel LLP and Awesome Penny Stocks’ favorite shell provider, was a shareholder of ROSV stock up until 2010.
iWeedz is a pretty simple set up to be able to take advantage of the marijuana stock craze. Throw up some registration pages, load the code for Google maps to be viewed on the website, and then highlight the place where you can go and legally purchase your cannabis. It’s a perfect opportunity actually for the entire stoner community who gets stuck on the website to help search for the missing Malaysia Airlines Flight MH360.
What comes from ROSV while its still in pre-stock split pump stage should be nothing but green skies ahead. Setting a new high yesterday at 0.1298 should be the minimum gap open come 9:30AM today. However, heed the warning signs from IDNG stock, once the stock split has a date set, get the hell out of ROSV stock as if it was a burning meth lab. The closer you are to owning it as of the split date, the better your chances of seeing your money blow up are.
About ROSV Stock
Rostock Ventures Corp. is what it is and that’s all that it is.
Last 5 Trading Sessions:
There are a couple other marijuana penny stocks being pumped today, PMRS, NGMC and SING. If you had to choose between the 4, ROSV has the track record from IDNG to being a true performer prior to the split. SING has been singing the blues, stuck between 0.035 and 0.066 on dying volume. NGMC has a ton of coverage going out on it today which almost guarantees a huge gap open and PMRS is simply an subpenny iHub pump.
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