ProText Mobility, Inc., (OTCMKTS : TXTM), is once again moving up, closing green up 28% Friday on $3 million volume. TXTM sparked the OTC’s rise by 1,000% in a week that saw the Dow lose 700 points in 3 days. It reached $0.0191 on three separate days before a correction and a dip to $0.01. The reverse merger of TXTM and RSA Medical Marijuana Dispensaries RSAMMD was announced by the Company via a tweet on Sunday, and a press release Monday. TXTM is now running northbound again and investors are all over it. TXTM has already proven its ability to defy gravity and make massive moves in any market conditions. The week ahead should be exciting for TXTM with the possibility of the stock surpassing $0.02 and making a strong move up from there.
TXTM has already proven to shareholders it’s got big legs and information coming to the market this week could ignite TXTM. The Company is expected to release some important news about a planned global acquisition and the valuations of RSA Medical Marijuana Dispensaries RSAMMD assets in the coming days, although this information is still not official. According to RSAMMD, they produced 35,000 kilograms from a plot of 1,000 hectares. This is on top of a farm that covers 5,000 hectares. There is plenty of room for expansion. They could easily increase their $85,750,000. These numbers have not been confirmed or verified by RsAMMD. 5-fold on their farm. They could also significantly increase their yield per hectare, as opposed to many companies that can easily achieve 1,000 kilos per ha. Microcapdaily arrived on the scene in June 12th.e wrote in our article on Sunday that TXTM was gearing up for a big week ahead after they closed the long awaited RSAMMD reverse merger when 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.”
ProText Mobility, Inc. (OTCMKTS: TXTM) 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. This ensures that patients receive pure, safe, and clean medical cannabis products. RSAMMD holds 2 licenses: 1 dispensing, importation & prescribing license, 2 permits and 1 seed bank cultivar. The annual production is 35,000 kilograms.
Mr. Dylon Du Plooy, ProtextCEO and Principal at RSAMMD.LLC, commented on the matter. “This transaction has been a long time in the making. For the past couple years we have been focused on building our operations in South Africa and globally, where have built an extensive infrastructure and global cannabis/hemp business. During this period of time, we have invested heavily in building a significant cannabis/hemp operation to facilitate complete seed to sale, R&D, global off-take agreements for end product as well as all the extraction infrastructure needed to create what we believe to be some of the highest quality hemp and cannabis on the planet. In South Africa right now, we have just completed our semi-annual grow. RSAMMD in Joint Venture with Leeds Boerdery, cultivated hemp and cannabis crops this past season on a combined 1000+ hectacres. All of this is done under federally issued permits and licenses to grow, import/export hemp and cannabis, as well as research permits for conducting testing of final products for human consumption and medicinal benefits. Over the coming days and weeks, we will be sharing our immediate term road map and long-term plans we are developing for Protext which should translate into increasing shareholder value. These plans include adding other valuable assets to the company which complement the core business, and executing on commercializing the proprietary live plant extraction technology as well as deploying our crypto platform, with a TXTM token which we are excited to rollout very soon,”Mr. Du Plooy concluded.
Exec. Director Sebastian Schulleiter of @RSAMMDFounding Chair of MCA of Israel. Israel’s medicinal cannabis market was valued at $264M in 2021. @RSAMMDThe New Castle Farm is located in prime position #cannabis $TXTM #TXTMTribe @Dr_Jamaloodeen @DrReginaHurley @MrDylonDuPlooy pic.twitter.com/JVMgj82fvl
— WolfOfOTC (@WolfOfOTC) June 24, 2022
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Dr. Jamaloodeen, Protext President and Chairman, commented, “We are excited about this transaction and taking Protext to the next level. We believe there to be numerous synergies to incorporate the Protext proprietary live plant extraction technology and processes into our existing infrastructure. We envision adding other assets into the operations of Protext, including our off-take agreements and present sales, with the goal of uplifting exchanges in the future. As previously announced, Protext and RSAMMD jointly worked together and conducted a series of tests on live cannabis to prove out that the Kettle system and extraction technologies did what they were supposed to do. We look forward to discussing this further as well as our upcoming operational plans.”
On June 22 TXTM attended the 33rd Emerging Growth Conference. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. At the conference RSAMMD Acquisitions LLC CEO & Founder, Dylon Du Plooy made a presentation on the ProText Mobility, Inc. reverse merger. The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in an effective and time efficient manner. The audience included many thousands of Individual and Institutional investors, as well as Investment advisors and analysts.
$TXTM Very valuable information was on the call that will be realized soon according to the team:
-$300M-$400M in secured purchase orders
-$2-$3 Billion in seed inventory alone
-$10 Billion in Carbon Credits
-Global acquisitions, permits, and expansions in the works/in place.
— PokeStonksTrainer (@PokeStonks_) June 22, 2022
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Currently trading at a $73 million market valuation TXTM is the perfect RM runner with a far better share structure than HMBL/TSNP did by far and it’s got power TXTM traded $3 million in dollar volume and up 28% on Friday, signaling a big week ahead. TXTM ignited the OTC the week before last skyrocketing 1,000% during a week when the Dow lost over 700 points on 3 different days topping out at $0.0191 before a correction and a dip below the $0.01 mark. The move up came after the Company completed the reverse merger with RSA Medical Marijuana Dispensaries RSAMMD announced on a tweet on Sunday and a press release on Monday. Now that TXTM is running northbound once again investors are all over this one. The stock has already showed that it can defy gravity and make a colossal move in any market conditions, the week ahead should be an exciting one for TXTM with significant catalysts in play including big news anticipated with the very real possibility of eclipsing $0.02 and taking off northbound from there. Microcapdaily will be covering RSAMMD as it happens 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.