ProText Mobility, Inc. (OTCMKTS: TXTM) is gearing up for a massive week ahead after RSA Medical Marijuana Dispensaries RSAMMD™ tweeted “And just like that, @RSAMMD Acquisitions LLC is Pleased to Announce it has closed on the Acquisition of TXTM.”The long-awaited RSAMMD reverse merge has been completed. It took place on Sunday, setting up a busy week. RSAMMD owns a 20 square mile Hemp farm in south Africa, RSA Medical Marijuana Dispensaries RSAMMD™ is a fully licensed health practitioners, qualified to dispense and prescribe medical cannabis in South Africa. The Company provides superior patient care and 100% Indoor/Growth cannabis to ensure that patients receive pure, safe, and clean medical cannabis products.
Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and we have covered many on the website that have gone from pennies to dollars. TSNP, which went from a few pennies (where our first article about it) to several hundred dollars per share, is one of the most notable recent RM runners. HRBR went from a few pennies (where we first wrote it) to three dollars plus. TXTM is the ideal candidate for RM. “Pink Current”On OTCMarkets, TXTM trades at a $14 Million total market valuation and 7,831,465,506 outstanding shares. TXTM is attractive, priced at a bargain, and the stock has run its course twice in its history, making two separate triple-digit moves for 2021. TXTM is now in the hands of RSAMMD.
RSA Medical Marijuana Dispensaries RSAMMD™Fully licensed, the company can dispense medical cannabis in South Africa. The company offers exceptional patient care and 100% indoor and greenhouse-grown cannabis, ensuring that patients receive safe, clean, and pure medical marijuana products. RSAMMD has a 20-square-mile Hemp farm in South Africa.
RSAMMD, a South African pioneer in medical cannabis research, cultivation, production, distribution, and marketing, is a leader in South Africa. The Company works with top hospitals and universities to promote the clinical benefits of cannabinoids and their applications. RSAMMD’s founders are a group of medical professionals and cannabis activists who have been at the forefront of medical cannabis legislation and South African cannabis legalization, which took place in September 2018.
— RSA Medical Marijuana Dispensaries RSAMMD™🇿🇦 (@RSAMMD) June 12, 2022
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RSAMMD founded DR’s CHOICE with a mission to offer Doctors and Medical Practitioners their own Professional Grade CBD BRAND. A brand which they could stand behind and be confident to offer their patients. The Company’s customers can be assured that DR’s CHOICE CBD products have gone through the highest scrutiny of testing for purity, potency and quality. DR’s CHOICE CBD products can only be found in you Chiro or Medical Professional’s Office. DR’s CHOICE CBD products have been brought to market exclusively for Doctors and Medical Professionals seeking a better solution for patients suffering from pain, inflammation, anxiety or other persistent symptoms.
Long before the reverse merger TXTM had a Joint Venture (JV) partnership with RSAMMD to test and commercialize medical grade cannabis products using TXTM’s proprietary extraction technology from live cannabis and hemp plants. This extraction technology is said to improve absorption and bioavailability of the product up to 15x. They have been working together for almost a year now. Lab testing of samples has been completed and it looks like they are slowly ramping up production and finally in the position to bring a product to market. See below for details. RSAMMD’s recent tweets have been very optimistic and ambitious – calling for multiple MMJ off-takes and one of the largest cannabis operations in the world.
The first phase of the agreement took place at a government-licensed facility in New Castle, SA under the supervision of Dr. Ahmed Jamaloodeen, National Treasurer of the Cannabis Development Council of South Africa (CDCSA) and property owner of the 5000 Hectare Hemp farm in New Castle where the live plants were sourced, freshly cut and provided for by RSAMMD under the agreement. His wife, Dr. Regina Hurley was also on site. Dr. Hurley, is an American Board-Certified Anesthesiologist, Fellowship American Pediatric Cardiac Anesthesiologist and a well-known medical cannabis Activist and advocate for CBD. She is one of a handful of practitioners who advocate the use of medical marijuana for medical purposes in South Africa and is a registered physician with the American Medical Marijuana Physicians Association.
Microcapdaily first reported on TXTM on August 3, 2021 stating “XTM) is moving northbound with power in recent days quickly emerging as a volume leader in small caps attraction legions of new shareholders including some heavy hitters on the OTC. Currently under heavy accumulation TXTM is moving steadily northbound with many new investors buying in every day. The stock has history of explosive moves running to $0.008 highs earlier this year. TXTM is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.008 and its blue skies ahead.”
— Hulk Investments (@HulkInvestments) June 12, 2022
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Currently trading at a $14 million market valuation TXTM is the perfect RM candidate, “Pink Current” on OTCMKarkets with filings up to date and under $1 million in liabilities on the books. The long awaited RSAMMD reverse merger happened just lke that on a Sunday afternoon when RSAMMD tweeted “And just like that. Acquisitions LLC is Pleased to Announce it has closed on the Acquisition of $TXTM. RSA Medical Marijuana Dispensaries RSAMMD™ is a fully licensed health practitioners, qualified to dispense and prescribe medical cannabis in South Africa. The Company offers superior patient care and 100% Indoor and greenhouse grown cannabis ensuring patients receive clean, safe, and pure medical cannabis products. Microcapdaily will be covering TXTM as the Reverse merger unfolds so make sure you subscribe to Microcapdaily right now so you don’t miss it.
Disclosure: we hold no position in TXTM either long or short and we have not been compensated for this article.