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GTLA

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10:27 am
May 3, 2010


PENNYGURU

Member

posts 96

 
1

GTLA, News out after the bell on friday, Imo this one is going to pop this morning. Two solid prs the the past couple of days. This traded with huge explosive volume on friday and i think were going to see some nice gains for those who took a position. Also the one who didnt this is still a good time to get in on this. Were at a great entry price@ .0002. We could be seeing .0004 or higher today on this news. Looking at the charts is is following the same pattern like in feb. Good luck to u all and this is just my opinion do your own dd. Here is the latest news..

COLORADO SPRINGS, Colo., April 30, 2010 (GLOBE NEWSWIRE) — GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLANews) in conjunction with Compassionate Therapeutic Solutions, LLC, announced today that Eugene Espinosa, the company's President, has been busy promoting the CTS wellness center via a series of presentations to cancer patients in Colorado Springs and the surrounding communities.


The National Cancer Institute (NCI) is 1 of 27 Institutes and Centers that comprise the U.S. National Institutes of Health (NIH) and is a component of the U.S. Department of Health and Human Services. In the National Cancer Institute Act of 1937, NCI was established as the Nation's principal agency for cancer research. As a Federal Government agency, NCI receives its funds from the U.S. Congress. These funds support research at the Institute's headquarters in Bethesda, Maryland, and in laboratories and medical centers throughout the United States and in other countries. NCI's budget for the 2008 fiscal year was $4.83 billion. For the 2007 fiscal year, it was $4.79 billion, and, for 2006, it was $4.75 billion. (Source: http://www.cancer.gov/).


According to the American Cancer Society's 2003 data, more than 1,300,000 Americans are diagnosed with cancer each year. At least 300,000 of them will undergo chemotherapy, and 132,000 patients may have therapeutic cannabis recommended to them to combat the side effects of conventional treatments (Source: http://www.americansforsafeaccess.org/). Vinciguerra et al. found that 78% of 56 patients suffering from nausea who were resistant to standard ****s became symptom-free after inhaling cannabis (Source: http://www.concept420.com/).


A 1999 report published by the Institutes of Medicine stated that nausea, appetite loss, pain and anxiety, all of which are symptoms associated with cancer, can be mitigated by medical marijuana. The same report also stated that pills are generally ineffective in treating patients experiencing severe nausea or vomiting because of the difficulty in swallowing or keeping a pill down and the slow onset of the **** effect. Therefore, they conclude that cannabinoid inhalation is effective in treating the nausea that is caused by chemotherapy.


Kathryn Newman, R.N., M.S., states, “Medical marijuana can be used as a pain reliever to combat the discomfort caused by various cancers. It can also soothe the nausea associated with chemotherapy. In addition to pain relief, studies also show that the euphoric effects of the chemical THC which is contained in cannabis may act as a mood elevator; this is yet another benefit for cancer patients.”

9:52 am
May 6, 2010


PENNYGURU

Member

posts 96

 
2

Here we go on GTLA, This one is going to be huge this morning!! Company released profit projections in this morning news. Company will be bringing in 1.8 mil a year in revenue and this could be even higher with the strict regulations that the Department of Public Health and Environment have set forth. Gtla is in compliance with all these regulations as said in the last news statment. Imo this one is going to be huge open today with some high volume and some nice gains the rest of the week and into next. We are at a perfect entry price and with these two news releases we should make some nice profits.Remember to do your own dd. You can start here with the latest pr.

COLORADO SPRINGS, Colo., May 6, 2010 (GLOBE NEWSWIRE) — GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA – News) in conjunction with Compassionate Therapeutic Solutions, LLC, released a statement today discussing its profit projections.


The company has opened a licensed grow facility, thus reducing product costs and doubling profit margins. Now, instead of generating revenues of $75,000 per month, each location can bring in $150,000 per month, totaling $1,800,000 per year per center.

According to an article posted on CNBC.com, CNBC estimates that the marijuana industry is a $40 billion a year market (Source: http://classic.cnbc.com/id/36331495). The state of Colorado receives over 1,000 applications per day for authorized marijuana permit cards, yielding $90,000 per day in revenue from the registration fees (Source: Green Rights Radio 101.5, Denver).


Eugene Espinosa, President of GTLA, states, “Medical marijuana sells for around $420.00 per ounce, and the average patient's purchase is two ounces of product per month. Since we're utilizing our independent, licensed grow facility, we are able to increase our profit margin by approximately $100.00 per ounce of product, leading to amplified revenues.”



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