TopMarketGainers

GDET Subpenny CBD Alert w/ Triple Digit Gain Potential

Long
OTC:GDET   GD Entertainment & Technology, Inc
GD Entertainment & Technology, Inc. ( GDET )
Alert Price: $0.0007
Float: 357.4M
Technical Analysis
CEO Interview w/ Small Cap Voice
Goldman Price Target: $0.06
========================
Members ,
Earlier today, we told you we had a past mega-winner on our radar that appears to be on the verge of another monster breakout.

Please turn your immediate attention to ( GDET ) GD Entertainment & Technology, Inc. .

This past +750% winner is once again triggering some big-time buy signals, and we want everyone to hear about this exciting opportunity.

For those who don't remember, GDET has been a huge winner for us in the past.

The last time we brought it to your attention, traders we able to secure single-session gains of up to +36%!

Prior to that, shares ran up from $0.0068 to a high of $0.01 for gains of up to +47%.

Last May, it hit over a penny when it was as low as $0.0055 at the end of April. The gain here was 100% in just a few days.

In early 2019, shares were as low as $0.0027 at the end of February and then hit $0.0229 in March for a Gain of Nearly 750% in Just a Few Weeks!

Goldman Small Cap Research Sees An Upside Of Over +8,471 For GDET From Here

GDET currently has a 6-cent price target from Goldman Small Cap Research, which is an upside of +8,471% from today's subpenny alert price.

GDET is the Top Pure Play in 2 of the Fastest Growing Industries

GDET , focuses on high growth industries to fulfill a diverse selection of premium products nationwide. The company currently has two subsidiaries: DreamCard and HyperDigital Technologies. DreamCard allows users to create a customizable debit or credit card using its state-of the-art online platform Dreamcard. cc . HyperDigital Technologies is the Cryptocurrency ATM sector of GDET and aims to secure multiple MSB , money services business, licenses in order to host ATM units throughout the country.

Subpenny Stocks = Big Moves

We love these subpenny alerts because even the smallest move can result in massive gains for traders.

We are anticipating another bull run for GDET , especially since the Company has recently made some big announcements that are sure to grab the attention of the Street.

Agreed to terms for a full-year lease for a physical CBD products store, The Greenery (TheGreeneryCo.com), at Palisades Center Mall (“Palisades”) in West Nyack, New York, the second-largest shopping mall in the New York metropolitan area and the eighth-largest in the United States.
Announced the official commencement of the Company’s Bitcoin ATM Pilot Program with the full installation and activation of its inaugural Bitcoin ATM unit at iVapeATX, a premier vape products store located in Austin, Texas.
Signed a two-month holiday season lease to open a physical store location for The Greenery (TheGreeneryCo.com) at Palisades Center (often referred to as the Palisades Mall) in West Nyack, New York, the second-largest shopping mall in the New York metropolitan area and the eighth-largest in the United States.
Established a forthcoming agreement (the “Agreement”) to install and operate the Company’s first full-service cryptocurrency ATM. The location is a large retail marketplace with high-volume foot traffic in Austin, TX . The Company will provide the physical ATM as well as all related logistics involved in operating the ATM at the location.
Announced receipt by its wholly-owned subsidiary, The Greenery (https://thegreeneryco.com), of a large delivery of its new line of branded CBD Gummies. This is the final delivery in establishing The Greenery’s initial product inventory before the launch of an aggressive distribution process.
Completed acquisition of significant new and used Bitcoin mining assets to be immediately integrated into the Company’s active cryptocurrency mining operations. “We are expanding and optimizing production from our mining operation at a rapid pace,” commented Anil Idnani, CEO of GDET . The Company is currently operating 72 ASIC Bitcoin Miners at its primary New Jersey mining facility, with plans in place to move toward full fleet operation over the near term.
Completed acquisition of CBDHempBuzz.com, a premier CBD affiliate marketing site. The Company has already integrated and deployed branding and product information for its wholly-owned subsidiary, The Greenery (thegreeneryco.com), and will benefit from organic search-driven traffic and affiliate relationships to drive revenues through marketing and product sales of its premium CBD-based products. According to TheBrandonAgency.com, affiliate marketing generates over 20% of all online sales.
The above actions by GDET could result in a massive influx of revenue in the very near future.

That being said, we have a feeling that GDET is going to be our next trade idea to more than double in price.

About GDET

GD Entertainment & Technology, also known as GDET , focuses on high growth industries to fulfill a diverse selection of premium products nationwide. The company currently manufactures, wholesales, and markets a portfolio of blockchain/financial service-based products. GDET strives to become one of the premier Cryptocurrency mining facilities that is client-focused and dedicated to creating a new standard in the Blockchain space based on security and transparency. GDET has also developed a strong relationship with suppliers worldwide to ensure future purchasing. The company currently has two subsidiaries, DreamCard and HyperDigital Technologies, which both offer a selection of transactional-based products and services. DreamCard allows users to create a customizable debit or credit card using its state of the art online platform. HyperDigital Technologies is the Cryptocurrency ATM sector of GDET and aims to secure multiple MSB , money services business, licenses in order to host ATM units throughout the country.

Company Highlights

GDET’s HyperDigital Technologies subsidiary is setting the stage to secure multiple money services business licenses in order to host cryptocurrency ATM (or kiosk) units throughout the country during 2019/20. Once deployed, these units can generate high returns per transaction, regardless of crypto pricing changes. GDET also runs crypto mining operations in New Jersey.

An early stage player with a diversified revenue stream in high profile and high growth markets, we believe GDET offers considerable upside.

GD Entertainment And Technology's Subsidiaries

CB Products: The Greenery

The Company’s newest subsidiary was launched earlier this month and we believe it offers the greatest promise. There is substantial interest in hemp-derived CB-infused products, as evidenced by the recent flurry of M&A, and investment activity in the industry over the past few months. According to a report by the Brightfield Group, the hemp-derived CB market is forecast to reach $22Bn in 2022. Given that the market remains fragmented, in-demand, niche offerings likely to be sold by GDET position the Company for rapid market share gains.

Examples of niche successes abound from Martha Stewart’s touting CB health benefits for pets through her alliance with Canopy Growth to the maker of new products such as CB-infused Jelly Belly candy (leading jelly bean confectioner,) where all of the inventory was reportedly sold on the day available. Considering that niche hemp-derived CB products are able to gain swift and significant traction, we envision a similar pathway for some of GDET’s future offerings. Importantly, niche products such as creams and salves carry very healthy profit margins. Given the upcoming, official product introductions and aggressive rollout of its target marketing, we believe that the CB subsidiary alone could end 2019 on a $2-3Mn annual revenue run-rate.

Cryptocurrency: HyperDigital Technologies

The Company’s HyperDigital Technologies subsidiary is in the process of securing/applying for multiple MSB licenses to secure multiple money services business licenses in order to host cryptocurrency ATM (or kiosk) units throughout the country. Once deployed, these units can generate high returns per transaction, regardless of crypto pricing changes. GDET also runs a Bitcoin crypto mining operation in the Tri-State area.

The first site of the Company’s ATM is in Texas and it is possible that GDET has kiosks in as many as 8-10 states this year. Separate state licensing is required and thus the timing of application approval, licensure and deployment per state varies. These units enable consumers to purchase cryptocurrencies ( Bitcoin ) in digital wallet or “hard form” in exchange for cash deposits. HyperDigital generates a commission/fee per transaction. In the future the Company is exploring the option to offer Cryptocurrency POS (point of sale) operation for retailers which will allow brick and motor retailers to accept cryptocurrency as payment directly from their customers. It should be noted that while this sector has become unfavorable in many circles due to the currency values crash and widespread news regarding theft, the Crypto ATM market is booming and many currencies have rebounded over the past 2 months, creating a resurgence in interest in the space. Still, the Company’s low-cost/high return approach in its fast-growing niche should serve it well. Moreover, the industry is in the early innings of growth, is highly fragmented and GDET could emerge as a leader.

Technology: Dreamcard

Dreamcard, a separate e-commerce business line, is essentially a vanity or personalized debit/credit card service that, for a fee, allows users to create a customizable debit or credit card using its state-of the-art online platform. Dreamcard simply takes an existing debit or credit card and transfer its data and EMV chip into a new metal card of the cardholder’s design and ships it to the holder.

DreamCard has been awaiting cold-storage prototypes where the user can customize their card to store Cryptocurrencies such as Bitcoin directly onto the product. This offers users a more tangible/hands-on approach in a market that is for the most part totally virtual.

While an interesting offering, we do not believe it carries the upside potential of the subsidiaries listed above. Interestingly, these three segments have one common thread: Millennials. Millennials have significant interest in these three offerings and we believe that GDET may find ways to cross-sell or find the ties that bind them together. In essence, by virtue of targeting (not exclusively) markets in which millennials are active, GDET is also a play on the millennial market—a valuable demographic.

Market Outlook

Despite bitcoin pulling back after a colossal run in 2017, bitcoin enthusiasts still believe the cryptocurrency will be able to hit new highs consistently during the 2nd half of this year.

The $275 billion cryptocurrency market is continuing to experience a serious rally with bitcoin jumping over $13,000 once again.

Bitcoin , as well as blockchain (a transaction ledger that maintains identical copies across each member computer within a network), is being forecast as the Next Big Thing for the future.

For an idea of just how big blockchain may become, David Marcus, a vice president at Facebook , recently said he was stepping down from the board of directors at cryptocurrency exchange Coinbase. Instead he will be leading Facebook’s blockchain strategy. When you have the biggest social media company jumping on the blockchain bandwagon, it speaks in volumes of what hopes big companies have for this arena.

In 2017, the aggregate value of digital currencies, including bitcoin and ethereum , saw a jump of almost $600 billion, which in percentage terms was more than 3,300%. That’s a gain of 3,300% in only twelve months.

The share prices of semiconductor stocks such as NVIDIA , Advanced Micro Devices , and Taiwan Semiconductor Manufacturing Company, saw positive impacts in the last year as a result of seeing a strong demand from high performance computing like cryptocurrency mining.

(A report published by TrustNodes has revealed that Ethereum miners make almost $2.5 Billion on an annual basis!)

Famous Venture Capitalist Tim Draper once said that he thinks bitcoin will hit over $100,000. This is the man who said that Bitcoin will hit $10,000 in three years back in 2014. It hit almost $20,000 in 2017.

Draper has also responded to people questioning whether or not he will sell his bitcoin with this question: "Why would I sell the future for the past?"

Recent research from MarketsandMarkets calls for the Bitcoin ATM space to grow at a compound annual growth rate of nearly 55%, with total market size increasing from $6.8 million in 2017 to over $144 million by 2023. A recent survey conducted by CoinATMRadar.com found that, on average, operators of Bitcoin ATMs reported an average transaction volume of $30,000 per machine per month, with some operators reporting monthly average transaction volumes exceeding $100,000 per machine.

Brightfield Group, a leading market and consumer intelligence firm for the legal CBD and cannabis industries, reported significant expected acceleration in growth for the CBD market, resulting in a 706% year-over-year CBD product sales jump in the US in 2019 to around $5 billion in total sales, with sales expected to reach $23.7 billion by 2023. This suggests the overall CBD-based products market is set to grow by a stunning 107% CAGR over coming years.

According to the Marijuana Business Factbook, retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of this year. This would be an increase of roughly 35% over 2018.

Retail sales could rise as high as $30 billion by 2023!

When one analyst predicts that legal marijuana could soon become a bigger industry than soda, it says something.

One of the top marijuana analysts, Vivien Azer at Cowen , is also calling for total U.S. cannabis sales to hit $80 billion by 2030!

A survey from Yahoo News and Marist College, has additionally illustrated just how mainstream marijuana has become. Nearly 55 million adults currently use the drug. Let’s face it, we are in a MARIJUANA REVOLUTION!

Over the years, research has yielded results that indicate marijuana may be beneficial in the treatment of many conditions including chronic pain, drug addiction, anxiety, PTSD, neurological disorders, and cancer.

Technical Analysis

As we mentioned above, GDET has a history of seeing rapid gains in the short term.

We've done our very own technical analysis , and see the potential for a move of over +50% from here!

Bullish Indicators

Price Has Reclaimed Middle Bollinger Band And 12 MA Support
Consistent Higher Highs And Higher Lows
A move all the way to Goldman Small Cap Research's $0.06 target price would show traders gains of over +8,471%!

The Bottom Line

We love these subpenny alerts because even the smallest move can result in massive gains for traders.

Based on its past history and recent milestones, we believe that GDET could be gearing up for its next triple-run.

As we mentioned above, this could easily be our next trade idea to double in price, so we suggest you start your research now, and add it to the top of your watchlist immediately.
.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.) Best Regards,

Do you want to GAIN an Edge on Wall Street? 🤑💰📈

1) Sign Up for Free @ http://www.TopMarketGainers.com

2) Follow our Telegram Channel @ https://t.me/TopMarketGainers

3) Join our LIVE CHAT on our Discord @ https://discord.gg/bGANmgy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.