The penny stock of FutureWorld Energy, Inc. (FWDG) is trying to have its second day of double-digit gains after considering the chances that someone might want to steal some of this marijuana that’s going to be grown around the country. Claiming to provides services and systems to reduce energy costs, generate energy sustainably and optimize return on investment strategies, they must be speaking about the future because they haven’t been able to do any of that as of yet. So the decision to create a division called HempTech and roll out a security surveillance solution called “SPIDer” to the Hemp and Marijuana industry has finally created some interest in FWDG stock, but is it just another PR move?
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FWDG Stock Quote
Market Cap: 7.08M
Last: 0.017 ▼ -0.002 (-10.53%)
Dollar Volume: $11,690
Issued and Outstanding: 416,373,966
14-Day Rel Strength: 60.16%
1st Resistance Point: 0.0215
1st Support Level: 0.0168
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The phrase “the Company has not generated any revenues and is still a development stage corporation” is par for the course when it comes to penny stocks which have not been able to generate any interest in their tickers unless they enter into the medical marijuana industry. FutureWorld Energy actually decided to cover their $40 worth of current assets prior to entering into the Hemp industry by initiating a division called “Bitcoin Labs” to acquire and develop leading technologies for the Bitcoin industry.
Now that’s diversification if we’ve ever seen it.
FutureWorld Energy created a division called HempTech a week after creating Bitcoin Labs, likely due to the disappearance of the Bitcoin exchange shortly after Valentine’s Day. HempTech will provide marijuana farmers SPIDer (Secure Perimeter Intrusion Detection Network), a system designed to stop theft and malicious attacks on sensitive and expensive marijuana and hemp farm facilities.
You must admit, Sam Talari, aka Saeed Talari, is one smart cookie considering it only took a 2 month run of the marijuana stocks for the Company’s Principal Executive Director to realize moving into the sector would help to create interest in FWDG. FFS, Sam owned 346,704,323 shares of FWDG stock so the move a month ago even would have made him a very wealthy man.
The again, when you look and see that FutureWorld Energy only had $40 in the bank as per their most recent Q filing and has yet to drop a penny into the revenue column, President Obama can do all he want’s with the Farm Bill or even Farmer Bill, FWDG stock showed up too late to the marijuana party and it’s getting as much attention as the roaches that have been left in the ashtray.
About FWDG Stock
FutureWorld Energy, Inc. is a development stage, diversified energy company which was formed to capitalize on the burgeoning markets in renewable and alternative energy technologies.
Last 5 Trading Sessions:
The last few traders that are looking for those new penny stocks that are going into the marijuana sector have all but given up on FWDG after a 2 day run. Although it’s still real early in the week, FWDG stock, especially at the price it’s trading at, could offer up a sweet double, or even triple, digit return if the Company plays its cards right. Personally, I think the monkey’s tied to posts like the ones in the move “The Beach” make for the best weed farm surveillance system, but then again monkeys have been known to throw their own feces.
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