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  • Trimming The Fat On The Green Rush 0 comments
    May 7, 2013 2:31 PM | about stocks: VRX

    So my little foray into the medical marijuana field cost me $3,000 in 3 months. My portfolio went from $15k to $12k.

    I decided to cash out and regroup.

    On Monday morning I am going to purchase a $10k convertible promissory note from AVTCE. You get a one-time 10% stock bonus, 10% interest/year for the 3 years of the loan. If you convert the note to stock in the 1st year its a 25% discount, 2nd year 15% discount, 3rd year 10% discount. As of now I intend to convert the entire note immediately.

    Now to trim the fat.

    I compiled an extensive list of MJ stocks about 41 to be exact. Watching and trying to invest in these stocks over the last 3 months has been difficult to say the least.

    I realized that 41 was too many stocks for me to track. For me, I barely knew anything more about the company than the ticker symbol.

    So last night I trimmed my list from 41 stocks to 14. The stocks I chose are all MJ related and their main focus according to company description is Pharmaceuticals, Supplements, Biotechnology, Bio-Pharmaceuticals, Nutraceuticals. I think these companies are less dependent on actual legality of MJ. These companies are looking for cures to Cancer, Parkinson's, Diabetes, and many more diseases.

    Here is the list:

    VRX Valeant Pharmaceuticals



    NTRR Neutra Corp

    IGXT Intgelgenx Technologies

    CYNAF Cynapsus Therapeutics

    NVLX Nuvilex Inc.

    ATTBF Abattis Bioceuticals

    XCHC X Change Corp

    CBIS Cannabis Science

    PARS Pharmos Corp

    BISU Bio Solutions Corp

    FITX Creative Edge Nutrition Inc.

    HESG Health Sciences Group Inc.

    Happy Trading!

    Disclosure: I am long OTCPK:HESG.

    Stocks: VRX
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