Newsletter

ASAB Completes Timely Acquisition

Good Afternoon!

The markets are heating up just in time for the home stretch so I want you to pay very close attention to my next set of alerts.

I am very bullish in December and want to start you off with ASAB, a strategic investment company that has just joined the big leagues with its first major acquisition.

It’s an acquisition that is strong for both its timeliness and sector. The former should come as no surprise given the strong movements across all major indexes in the last few weeks.

The latter is very interesting not least because it’s in the marijuana industry. ASAB confirmed in a recent release that it has completed the acquisition of BakedAmerican.com, a recreational cannabis consumer website providing product information, dispensary locations, strain information and resources for marijuana legal states.

ASAB said that the website is nearing launch as fully commercialized hub and is now undergoing final testing. This is of course excellent news because marijuana as a legalized industry is set to reach $8 billion by 2018.

ASAB has all the right technicals to justify action right now, including a budding uptrend and recent breakouts in volume.

Start your research now.

Investor Highlights

ASAB completed the acquisition of BakedAmerican.com, putting the company in line to benefit from the surging demand for legalized marijuana

ASAB says that the commercial launch of BakedAmerican.com will be soon and that the website is undergoing final testing. News of its launch is bound to send market valuation soaring. 

ASAB has seen a surge in interest in recent trading and the last session recorded a volume breakout of 12,000%

ASAB is trading on a strong RSI of 56. Upside potential is very strong from current levels. 

ASAB is up 304% since late July and has been on a tear in recent sessions.

ASAB has seen sharp movements in key daily moving averages, including the 50 DMA which is up 124%

ASAB is poised for a breakout and the bullish technicals are a huge catalyst for traders. Combined with the strong news this play is like dynamite.

About ASAB

ASAB (Stragenics, Inc.) is a technology development and strategic investment company providing guidance and investment for innovative, early stage technology-driven companies. The acquisition/investment focus will be on identifying strategically relevant, primarily leading edge, businesses that enhance and further the Company's business plan.

ASAB recently announced the acquisition of BakedAmerican.com, a recreational cannabis consumer website providing product information, dispensary locations, strain information and resources for marijuana legal states.

ASAB was founded in 2012 and is based in Melbourne, Florida.

US Marijuana Sales to Hit $6 Billion By 2018

U.S. retail cannabis sales will rise more than five-fold over the next five years, from an estimated $2.2-$2.6 billion in 2014 to $7.4-8.2 billion in 2018, according to new financial data released today in the 2014 edition of the Marijuana Business Factbook.

Although the 2014 estimated sales are right in line with predictions from last year’s edition of the Factbook, the 2018 forecast has risen by roughly $2 billion. This lift is largely due to the impact of last August’s Cole Memorandum wherein the federal Department of Justice stated it would take a hands-off approach to the cannabis industry as long as companies obey local laws and state regulations and oversight are strict.

“You could call it the $2 billion memo,” remarked Chris Walsh, editor at CannaBusiness Media. (Note: CannaBusiness Media is the publisher of both the Marijuana Business Factbook and Marijuana Business Daily.)

“This total is conservative – the reality of retail sales could be larger,” Walsh continued. “Nor does it include wholesale cannabis sales, or the billions of dollars in ancillary cannabusiness revenues such as growing equipment, real estate, legal fees, testing labs, paraphernalia, etc.”

The sales estimates include both medical marijuana and recreational cannabis sales, and account for additional states establishing and launching cannabis sales programs during the time span covered by the forecast. These predictions assume 4-5 new recreational states and 2-3 medical cannabis states will have fully-functional programs by 2018.

Recreational cannabis sales are only legal in two states currently. According to estimates, 2018 is anticipated to be the first year that recreational sales match or even overtake MMJ sales in the U.S.

This data does not include black market sales. However, other research indicates that despite prior industry fears, the majority of cannabis consumers are willing to switch from black market providers when cannabis is legally available in their regions.

The U.S. black market is currently estimated to be in the $40 billion range. Thus, the legal marketplace has significant potential beyond 2018.

Recent Developments

Stragenics Completes Acquisition of BakedAmerican.com

MELBOURNE, FL / ACCESSWIRE / December 1, 2014 / Stragenics, Inc. (ASAB), a technology development and strategic investment company, announced today it has completed the acquisition of BakedAmerican.com, a move that launches Stragenics new Media Business Group.

The website, which is finalizing testing for a limited time in a prototype format, is nearing its commercial release. More information will be forthcoming on the prototype release.

BakedAmerican is a recreational cannabis consumer website providing product information, dispensary locations, strain information and resources for marijuana legal states. The site will allow consumers to identify, rate and explore legal marijuana dispensaries and compare experiences and products. The news channel, via RSS information sources, provides news feeds for marijuana related information focused on nationally important developments, impact on state legislation, new trends and new legislation.

Future projects for BakedAmerican include an on-line video resource channel featuring original content and a new forum site where users will be able to share information, ideas, practical solutions to issues discussed in multiple threads.

This first new acquisition for Stragenics, Inc. is in line with the Company's strategy of pursuing the building of shareholder value through both acquisitions and internal business development of, or investment in, small public and private technology companies entering their commercialization stage.

After tech there’s probably no hotter topic right now than marijuana. These companies are getting a lot of attention and now that ASAB is wide in the open, expect strong price movements potentially.

Start your research ASAP.

To learn more about ASAB please visit their website: http://www.stragenics.com/

Warm Regards,
Alexander Reeves
info@pennypicks.net

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Stocks covered:	Compensation:	Avg $ Volume for Period:
ASAB	$20000	30191
Max Profit: 7.32 %	Gain at close: -7.80 %
*We think that this promoter is a part of a group of promoters.

Newsletter

ASAB is my new pick. Cannabis is red hot. Open now! Dec 02, 2014 16:06