With plans to soon launch both its Canna Bizcard website as well as a Company Card for both private and publicly traded Companies, shares of Cannabiz Mobile, Inc. (LGBI) have followed the path of other recent marijuana stocks: UP! Shares of LGBI stock soared on Monday, gaining 0.002 (166.67%) before closing at the HOD, 0.0032, with a news announcement from March 25 and other marijuana tickers fueling the boost in volume/share price. As we quickly approach the important calendar date, April 20, for pot stocks like this to be viewed as potential game changers, the way other cannabis companies have pushed on less, it’s chances of seeing a 10-bagger run are to be determined after today’s session begins.
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LGBI Stock Quote / Chart
Cannabiz Mobile had its fire lit last week after the Company announced it secured the Trademark name Canna Bizcard and, subsequently, executed a license and re-branding agreement with Code2action Inc. for its proprietary mobile business card platform C2A MobiCard. The business model moving forward will be focused on marketing the Canna Bizcard, a mobile business card solution that combines the power of social media sharing with text/sms and email marketing for businesses in various states that have legalized medical and/or recreation marijuana.
LGBI stock had an extremely favorable share structure (34,062,217) to trade prior to the February 17 OTC filing which details the amount of common stock put aside, a minimum of 75 million, to settle a debt dispute with IBC Funds LLC. for an amount not less than $127,500. Considering there was only $22 in cash, the only liquid assets on the balance sheet, and no revenues of record as of September 30, 2014, diluting their shares should be of no surprise to any trader.
If the momentum can keep building based on the Canna Bizcard, a cloud-based mobile business card that enables the user to custom create their business card to include Company logo, photos, contact details, website, audio messaging, social media links and multi-media content like no traditional paper business card ever could, it would not be a shocker to see LGBI stock surpass the 10-bagger gains MJMD and THCZ posted since their respective runs began.
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About LGBI Stock
Cannabiz Mobile, Inc. is a development stage company that markets a mobile media platform that utilizes digital media and traditional media such as print, radio and television to help businesses build customer databases via text/sms opt-ins through keyword/shortcode combinations. We market a subscription based mobile and digital media solutions that enables care givers, dispensaries, hydroponic and ancillary product retailers the ability to create, deploy and analytically measure mobile marketing campaigns.
125 Cambridge Park Drive
Cambridge, MA 02140
Issued and Outstanding: 131,769,913
Last 5 Trading Sessions:
The penny stocks of the marijuana sector have selectively been explosive over the course of the first three months of 2015. Unlike last year when the entire sector ran like it stole something based solely on business plans/models entering into the newly legalized industry of selective states, LGBI commands a look and monitoring if there is any interest in capturing gains which could beat or match THCZ and MJMD.
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