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I am hopeful
A while back there was a day where the stock went from 17 cents to 88 cents and all the way back down in one session. I think that was a precursor to what is coming. We will soon find out.
What is coming on the 31st? Stock hit .29 today so far. So at least someone is interested in FIFG this morning.
Wow, you're so excited about the 31st, you posted it twice. I hope you're right!
This company is self funded
So they are very conservative with PR's, etc. There is no fat, no debt, and no shares sold for operating expenses. A good tradeoff but definitely frustrating at times.
The company is killing us with silence. Now that they should actually have something positive to say, they need to start speaking to shareholders.
It's the same trading pattern
We had last year. A day of 200 shares, 3 days of no trades, a few days of 5000 shares with an occasional 20k shares thrown in. Somebody somewhere like to slowly accumulate this stock without significantly moving the share price.
Sometimes this stock is so frustrating. Finally have a good day yesterday and positive momentum and then today, wham, slam it down! Sometimes I don't know why people buy it if they can't hold on to it to see what can materialize.
Hopefully earnings will blow it out of the water and finally get this stock to reach its potential.
Yep
I get about a tin a month. I have sent a couple for gifts as well. It is a great product. If they ever get this chocolate paired up with THC pot it will be great due to its masking of the pot taste so well. I think it is a winner!
Buxmaker...are you a consumer of Southeast Edibles? I have been for quite some time and Rodgranite was taking them also.
Rodgranite...are you still taking the chocolates? I have been using the CBD and the support chocolates also. Just great stuff.
Got a trade off @ 30 cents
Small trade but interesting.
Indeed
We are on fire! I am really excited about this next filing.
Rodgranite, do you realize that our chat board following has increased by 50%? I thought we were the only 2 following this company but it is nice to have Buxmaker become a regular. The more the merrier!
I understand your frustration with being informed of progress, but this is a very small company that has only two lines of business currently and a very small staff (maybe 6-8 people total) with probably half of the people being the Southeast Edibles division.
The company is definitely active with Instagram product postings and email promotions to customers of Southeast Edibles.
I like that they are very cost conscience at this point and if the Southeast Edibles division is profitable or growing substantially, I believe the stock price will get better traction.
Low float, no debt
This company is self funded outside of shares for vendors. The owners don't sell equity for operating expenses they take shares in lieu of repayment. Low float, low expenses, good product, no long term debt. All we need is growth.
I agree. I am bullish as well. Management needs to be more active in keeping shareholders informed as to their progress. These days, you don't even need to issue expensive press releases, just have an active Twitter presence. Hopefully we will hear something soon.
I have been bullish on this company for a long time. It just doesn't have any following so it can be frustrating. The big run up a few months ago was due to the Amazon and Costco news. I believe they are executing better than expected and if the earnings are a surprise, then we could see a really substantial move due to the low float.
Interesting action in FIFG. Minor volume over the last week or so, but all buying. The .20's, then .21's, then .215's were taken out, now the ask is up to .30. This thing is super thin. If sales numbers turn out to be impressive, we could see a big move.
This is how it has been
For a year or so. You see some shares sell at the bid and very soon thereafter another but at the ask. The float is only 6 million so it can move with low volume.
Seeing some minor action in FIFG today, 17,200 traded so far. Someone just posted a 100K share bid at .16. Hopefully that is a positive sign of things to come.
Here you go
Check out FirstFoodsGroupInc on Twitter.
First Foods Group, Inc. $FIFG | A US holding company specializing in sales of variety Cannabidiol (CBD) based products through its subsidiary South East Edibles https://twitter.com/FirstFoodsGroup?s=20&t=H844kWoc-agaTKbWNu0GgA
I couldn't find them on twitter. Do you have the handle?
They arenot great on communication
That is for sure. Probably just due to a lack of anything substantial. Also, being completely self funded, they look for ways to save and one is more benign announcements on Twitter. I will take that in exchange for not selling shares for operating expenses.
Next month
We will get the financials. The Q4 numbers should be an improvement over the previous quarter. Year over year really irrelevant since they were still getting it together.
It would be nice if they would release the occasional PR to file us in on their progress.
We should get yearly earnings early in March. We could see some surprising numbers in revenues. If we see a breakeven that would be a homerun at this point.
Any chance we get some sales numbers in the near future?
FIFG hit .90 on massive volume one day a few months back, would love to see that happen again.
Indeed
I am excited to see how the Costco/Amazon stores are doing. Next month will be very revealing
Thanks for posting the news. The FIFG has seen some rare buying for the last few days. Hopefully that will continue and we can move higher.
Nice to see some action today and a decent amount of shares trading. I was wondering if everyone forgot about this company. I think we are going to see some surprising numbers when the next earnings come out.
Haha - Best guess is mm air shares
I wonder where that seller of 51 shares at $.158 is going to spend that $8.00 that they will take home. Maybe they should buy some lottery tickets. LOL
I am expecting good things for FIFG this year. I believe we are going to see exceptional sales and growing earnings throughout 2022 and we could see a share price somewhere between $1.00-$2.00 by the end of the year.
With the thin share float and a major earnings surprise, how high will it go will be the question?
Looks good going into the New Year
This 10k is going to be interesting. I am hoping for over a million dollars in chocolate sales next year. That would be solid growth and, most likely, get a lot more eyes on this stock.
I think so too
When you start seeing things that seem odd with stocks like this there is usually a reason. It makes little sense that someone wants to drop 20k on a stock that doesn't really consistently trade unless something is afoot. ??
Definitely someone has an interest in the company. Just need someone to pay up a bit and it could get a nice run. The sell side is very light so it wouldn't take much.
I am going to say that this is going to one of the major surprise stocks for 2022 in my opinion.
GTSM 100K bid - assuming it'll fill this will be the third within last few weeks
I saw that
WTH?
True in a sense. Usually when there is a pre-market trade is that one of the brokerage houses has both the buy side and sell side (could be retail) so they can put on the trade themselves. I don't know why they just don't wait until the market opens because 150 shares is not going to affect what could possibly happen today because it happened right around the last sale price from yesterday. Now it doesn't even officially open the stock for the day because it wasn't during regular trading hours.
Hopefully we will get some additional action later today.
There is money to be made on the OTCBB but sometimes it is so frustrating.
A pre market trade for 150 shares
We all know retail can’t do that….
If it could get to and break the $.30 level, it could really start to run.
I hope Santa
Brings me some Southeast Edibles functional chocolate. I hear it is all the rage at the North Pole.
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