GDET Entry Point For 500% ROI On Profit Taking After 200% Increase On Cannabis News


New York, NY -- March 14, 2019 -- InvestorsHub NewsWire -- -- GDET (USOTC: GDET) (GD Entertainment & Technology dba “GDET”) has rocketed from $0.005 at the end of the week to reaching a high of just over $0.02 today on massive volume.  Today the company announced a new cannabis business selling CBD products.  The PPS has pulled back to the low $0.01 range on profit taking creating a new entry point for a potential run to $0.05 or higher.  The companies 52-week high is $0.15. 

New GDET CBD Business Logo

With Canada legalizing recreational marijuana last year, and the U.S. recently legalizing hemp farming under the 2018 Farm Act, and state by state marijuana legalization continuing to grow, the market is hot for new cannabis plays.  Take a look at some of the hot cannabis sector performers to get an idea of where GDET could go – for instance, HEMP (USOTC: HEMP), Pot Networks (USOTC: POTN), Puration, Inc. (USOTC: PURA).  It could be a good time to accumulate GDET in anticipation that the marketing firm connection is a precursor to a coming cannabis announcement.

GDET has built a secure, state-of-the-art facility currently racking up a Bitcoin reserve now by adding to the Bitcoin Blockchain.  But don’t think GDET is a one trick cryptocurrency company.  Anil Idnani, the GDET CEO, is a young, ambitious, high-energy entrepreneur building a much more diversified portfolio of high-growth potential enterprises under the GDET roof than just a cryptocurrency mining company.  GDET recently launched the Dream Card, a service that can make any bank or credit card a premium card through a third party service.  GDET has also ventured into Bitcoin ATM’s and has more innovative financial services on the horizon.  However, it would be a mistake, we think, to consider GDET just a financial services high growth industry company.  There are some subtle signs that Idnani is preparing for a launch into the cannabis sector.  Namely, GDET has engaged a marketing firm specializing in the cannabis sector.  GDET’s public disclosures include the engagement of a firm with a small portfolio of publicly traded cannabis sector companies.  This seems like a clear sign that GDET will soon launch into the cannabis sector itself.  Keep a close eye out.  Idnani has a history of building committed and bono fide businesses.  It’s a good bet that a GDET’s announcement tomorrow will come with Idnani revealing a cannabis operation already up and running. 

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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.


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