I started investing in Marijauna related stocks and created my IE420 Stock Fund in 2010 on the basis that I really do believe in the future in Marijuana as posted on my 420 Thoughts page March 28, 2011.
Since I started this venture, it has been a wild ride, but I expected it. Thus, my intent is to hold my positions long term (Buy & Hold) with the hope our US Federal Government will reverse it's negativity toward marijuana because I feel the key to my 420 Fund's success is full legalization of marijuana. Given what States and local governments are doing, I feel positive, but still feel as a country we are at least a generation away (20 years).
To keep this page clean, I'll create a new one each year. To see historical data regarding my 420 Fund click the following links:
Cheers (& Cough),
I only update my page once a quarter. I personally do not watch it on a daily basis given my "Buy & Hold" philosophy with marijuana related stocks. If you like see daily activity associated with my IE420 Fund, they great crew over at Doughja has created a VIEW ONLY Google Documents Page at which you can follow all my positions in REAL-TIME (dependent on my updates).
The United States government fiscal year for 2014 ("FY 2014" or "FY14") is as follows:
1st quarter: 1 October 2013 – 31 December 2013
2nd quarter: 1 January 2014 – 31 March 2014
3rd quarter: 1 April 2014 – 30 June 2014
4th quarter: 1 July 2014 – 30 September 2014
(COMPANY TICKER & NAME | TOTAL SHARES & PRICE | TOTAL FUND VALUE)
CBIS - Cannabis Science: 25,000 @ $.0520 for $1,300.00
CYNAF - Cynapsus Therapeutics Inc: 500 @ $.7150 for $357.64
ENDO - Endocan Corp.: 5,000 @ $.0300 for $150.00 ***
ERBB - Tranzbyte Corp.: 10,000 @ $.0030 for $30.00 *
GRNH - Greengro Technologies, Inc.: 10,000 @ $.0440 for $440.00
GWPRF - GW Pharmaceuticals: 500 @ $3288 for $1,643.82
HEMP - Marijuana Inc.: 10,000 @ $.0200 for $200.00
JAMN - Jammin' Java: 1,550 @ $.3600 for $558.00
LATF - Latteno Foods Corp.: 100,000 @ $.0000 for $0.00 ****
MCIG - MCig Inc: 15,000 @ $.0900 for $1,350.00
MJNA - Medical Marijuana Inc: 6,500 @ $.1550 for $1,007.50
MWIPD - MediSwipe Inc: 3,495 @ $.1110 for $387.94 **
RIGH - Rightsmile Inc.: 20,000 @ $.0000 for $0.00 ****
RFMK - Rapid Fire Marketing: 10,000 @ $.0000 for $0.00 ****
SAVW - Savwatt USA: 11 @ $.0010 for $0.0100 for $0.00 ****
Total Fund Value on December 31, 2013: $7,424.90
* Altitude Organics now Tranzbyte Corporation
** MediSwipe ticker now MWIPD
*** X-Change Corporation now Endocan Corporation (ENDO)
**** Values for LATF, RIGH, RFMK & SAVW are less than a penny (zero dollar value)
AXXU - Axxus Unlimited: 10,000 @ $.2150 for $2,150.00
AEGY - Alternative Energy Partners: 150,000 @ $.0047 for $705.00
MNTR - Mentor Capital, Inc.: 1,000 @ $2.80 for $2,800.00
NDEV - Novus Acquisition & Development Corp.: 50,000 @ $.0450 for $2,250.00
NWPN - The Now Corporaton: 10,000 @.2300 for $2,300.00
SKTO - SK3 Group Inc.: 100,000 @ $.0290 for $2,900.00
November 6, 2013: X-Change Corporation (XCHC) changes to Endocan Corporation (ENDO). Endocan Corporation Announces New Trading Symbol 'ENDO." CLICK FOR NEWS
December 11, 2013: MediSwipe announces a 1-for-10 reverse stock split of its common stock, that such reverse stock split will become effective at the opening of trading on December 11, 2013. Changes symbol from MWIP to MWIPD. CLICK FOR NEWS
January 16, 2014: Axxess Unlimited, Inc. (AXXU) today announced their existing patent protection surrounding their flagship product, Axxess AIR™, includes the reporting of marijuana and other controlled substances. I obtained 10,000 shares at $.215/share for my fund. Will be added in Q2 results. CLICK FOR NEWS
January 27, 2014: Alternative Energy Partners, Inc. (AEGY) announced back in September 2013 the launch of their PharmaJanes™ website for medical marijuana delivery services. I obtained 150,000 shares at $.0047/share for my fund. Will be added in Q2 results. CLICK FOR NEWS
January 27, 2014: With the purchase of AEGY (see above), I was made aware of an agreement entered with SK3 Group Inc. (SKTO). SKTO operates the Medical Greens website. I obtained 100,000 shares at $.029/share for my fund. Will be added in Q2 results. CLICK FOR NEWS
February 21, 2014: Added Mentor Capital, Inc. (MNTR) to my fund with 1,000 shares at $2.80/share. Will be added in Q2 results.
February 25, 2014: Learning they are entering the marijuana (hemp) market, I added The Now Corporation (NWPN) to my fund with 10,000 shares at $.23/share. This is a very risky one, but I think rewards will be high if their business plan works out. Will be added in Q2 results. CLICK FOR NEWS
March 5, 2014: Novus Acquisition & Development Corporation (NDEV) announced they are entering the medicinal cannabis industry. I obtained 50,000 shares at $.0450/share. Will be added in Q2 results. CLICK FOR NEWS
TOTAL IE420 FUND SHARES AS OF MARCH 5, 2014
AEGY - Alternative Energy Partners: 150,000
AXXU - Axxus Unlimited: 10,000
CBIS - Cannabis Science: 25,000
CYNAF - Cynapsus Therapeutics Inc: 500
ENDO - Endocan Corporation: 5,000
ERBB - Tranzbyte Corp.: 10,000
GRNH - Greengro Technologies, Inc.: 10,000
GWPRF - GW Pharmaceuticals: 500
HEMP - Marijuana Inc.: 10,000
JAMN - Jammin' Java (Marley Coffee): 1,550
MCIG - MCig Inc: 15,000
MJNA - Medical Marijuana Inc: 6,500
MNTR - Mentor Capital, Inc.: 1,000
MWIP - Mediswipe: 3,495
NDEV - Novus Acquisition & Development Corporation.: 50,000
NWPN - The Now Corporation: 10,000
LATF - Latteno Foods Corporation: 100,000
RIGH - Rightsmile Inc.: 20,000
RFMK - Rapid Fire Marketing: 10,000
SAVW - Savwatt USA: 11
SKTO - SK3 Group Inc: 100,000
(Last Holdings Update: March 5, 2014)
Previously General Cannabis (CANA) and a failed cosmetics company prior to that, SearchCore (SRER) was removed January 8, 2013 due to its exit of the Marijuana Industry. Ironically, this was my first marijuana stock purchase.
Converted Organics Inc. announced the successful completion of a merger transaction with Finjan, Inc. on March 2, 2013. Due to two reverse stock splits, my shares were liquidated to cash.
I am NOT a Fund Manager for a company with such stock fund. I am NOT a Stockbroker nor any kind of financial expert or planner. I am not persuading you to buy, nor am I telling your buy the stocks I list here. I am just a "regular guy" who happens to have the opportunity to personally invest in such kinds of marijuana related stocks that really NOBODY talks about. These are MY stocks in MY personal accounts and I am sharing a bit of information about them to you. The information I am providing here is just for informational and enjoyment purposes only. I somewhat see this like my personal "Stock Market Game," but Marijuana style with very general "top line" information that can be found just about anywhere.
I strongly recommend that ALL investors consult with a broker or financial professional before making any trades in the stock market. Do what is right for you & best of luck!
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