I DO NOT GET PAID OR COMPENSATED BY ANYONE FOR ANYTHING I SAY WRITE OR DO MAKE ALL TRADES AT YOUR OWN RISK
I've decided to keep this short and sweet (mostly because I dont have so much time and am unsure of the intrest this will garner)
EAPH
Easton Pharmaceuticals, Inc
Easton Pharma fully reporting and current.Just on it's face EAPH which is currently trading by it's 52 wk low
makes for a good buy and hold at these levels based out of Toronto, CA they one of of the very few stocks trading on the United States stock exchange that will be set to boom this summer when recreational marijuana becomes fullly legal in canada for the information on how EAPH has positioned itself on that front read https://www.otcmarkets.com/stock/eaph/news/Easton-Pharmaceuticals-Announces-It-Has-Commenced-Negotiations-With-An-AMPR-Applicant-Towards-a-Marijuana-Cultivators--G?id=186083
For this reason alone I feel very strongly that EAPH is a good buy now if you can be patient and wait for the summer when the legalaztion comes and any stock related to MJ cultivation in Canada should go nuts.
But there's something more presssing about this play.
In January EAPH announced huge news about a deal with BAYER yes that BAYER the multi billiion dollar pharma company it was a sub-distribution agreement to distribute their vag ich cream (monistat 7) in mexico and including up front payments by Bayer. https://globenewswire.com/news-release/2018/01/25/1304908/0/en/Easton-Pharmaceuticals-Announces-The-Signing-Of-Closed-Sub-Distribution-Agreement-for-Product-VS-Sense.html
The news was even picked up by editors of seekiing alpha which barely ever talk about penny stocks read it here https://seekingalpha.com/news/3325266-easton-pharma-inks-distribution-deal-bayer-consumer-health-vs-sense-mexico
On this news the stock did shoot up but as can expected subsequently this was meant with such skepticism, BAYER AND EAPH? I cannot blame you to be skeptic on this , and I still am. Howver if this does bear fruit EAPH stock price should soar. I've been watching and waiting to see if get more meat on this bone then I noticed this Tweet yesterday
BAYER News Update Expected Next Monday.— Easton Pharma (@EastonPharma) April 12, 2018
now IF they truly are good on their word and IF this PR provides the neccesary MEAT that we need EAPH should move very nicely from here off it's 52 week lows. EAPH in the past has been pretty good about the timing of their PR's through their twitter feed. Yes, it is possible the PR will be underwhelming in which case you could hold for canada mj summer of love or dump the stock for a small gain or loss. This is a speculative trade on legit Bayer finalzed payments contracts news coming
Also given their previous tweet a few f days ag there could be lots of meat on mondays PR
Significant Update Meeting On Wednesday April 11 With Alliance Group And It’s Operations. Expect To Release News Shortly Thereafter— Easton Pharma (@EastonPharma) April 9, 2018
A REMINDER I DO NOT GET PAID OR COMPENSATED BY ANYONE FOR ANYTHING I SAY WRITE OR DO MAKE ALL TRADES AT YOUR OWN RISK
