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So here is what CBGL's IR team thinks about dilution:
Good morning XXX, although it's hard to see the dilution in the stock, the company has a game plan and will share with us once everything is in place. Stay tuned and keep the faith!
Thanks,
Marlin
RedStone Communications, LLC
Marlin G. Molinaro, Sr. Vice President
Henderson, NV. 89014
725-205-1122 - Office
702-575-7445 - cell
marlin@redstonecommunications.com
www.redstonecommunications.com
Major dilution
Offering is at $.0002 for 2.5B
WARNING ABOUT CBGL!!!
Hello cbgl iHub board folks, I do not normally make a post like this, though created many boards, edited them and maintained them...!, still do a number of them. Most of the posts from "Pennyes" is based are based on stock price performance, charts and technicals.
The way CBGL stock has been taken down to the current level is simply disturbing and outrageous, it is a Screw up, a reckless screw up by the co, to which the CEO and management got to be the main reason besides shorters, MMs and what not!?.
However, the management if there is one, if there is anyone real running this co must take responsibility for this "Free falling Crash" of cbgl...hope someone go after these criminals and bring them to SEC and other agencies, so that an investigation is done and shareholders get their investments back.
As of today, cbgl is hovering around 4s, just few months ago (Aug low .0024s, the 52 wk low was around .0023-24s), 6months ago, it was trading at .0042-.0044s etc!.. This is not just manipulation alone, this is dilution and destroying share price and its value!?. In six months from .0044s to now .0004s, what is next and why is this pathetic stock performance, why is it crashing??. It makes no fkn sense, management got to answer.
I am assuming they have responded to you then. Mind sharing what they have said?
Looks like new offering at $.0002, sucks!
Write to the company, they do respond. Depending on your questions you may get the answers you need to decide whether to load or unload.
Yeah it has been disappointing for sure. I am down 84% and haven't really seen a reason to average down. Just hoping for a turnaround. They added 20 Billion shares recently. Not good for Shareholders. We will see....
Sure, but before that it is Crashing, that is the momentum now!....why all those folks shut their mouths who cried out loud when I said it is diluted day after day and management is fkn it towards .0001 and .000000001s?...at this rate we might soon see 1s!?.
We could definitely use some momentum change and Legislation would get the ball rolling for sure! $CBGL Let's Rock!
Developments in State Cannabis Laws and Bipartisan Cannabis Reforms at the Federal Level.
The hearing will convene in room 2154 of the Rayburn House Office Building.
Date: Tuesday, November 15, 2022 - 10:00am https://oversight.house.gov/legislation/hearings/developments-in-state-cannabis-laws-and-bipartisan-cannabis-reforms-at-the
741,795,.965 float, <$100,000 market cap. Crazy low
Well I am not afraid to take down some of these .0006 and .0007s
R2R is is highly favorable even for a small run to .003-.004 although I believe after the elections there may be a good chance Federal law is passed and cannabis is legal. That will send this through the roof IMO.
No & No!.
When it comes to "Pennyes" posts/messages, you must be careful about making assumptive, knee jerk reaction to it. All you have to do is to go my board and go through to figure about how accurate my price alerts and stock performance!?. Assumption "like what you said"is the mother of all evils, that means Ignorance.
Pennyes alerts and my boards are realistic and substance based, no bs, no bullshitting!. Since late 2020 upto now, OTC stocks, especially penny stocks been take for a ride, too many bad hands, they destroyed almost 90% of penny stocks and its values. Some Penny stocks deserve, many did not, but there are few among them like cbgl is absolutely ridiculous, you may not feel how bad it is because it is trading around 8s and 9s, but you will not be saying a word on this board or post if it is trading at .0001 or beyond?. But, for longs who been watching this for so long, it is as bad as .0001 or no bid bs trades. Whatever is happening to cbgl price performance is simply unacceptable and horrible. You can live with that truth happily, but some like pennye's will keep exposing it until the management comes out clean.
by the way, I do not post for the sake of it, or in your word "taking over the board"!, that is not the way or means of my posts or alerts or boards function..!.
you mean outside of dilution.....? follow the filings and look at how many convertibles they have owing divided by the share price and you will see what to expect..... anything else?
lol you're assuming that I am not aware of the stock performance the past 1-2 years. I am aware charts exist and I am capable of reading a chart. CBGL kept its .10-.20 range for years but in the past year, the stock price fell extensively as you said and yes many are stuck in the upper double digit range (honestly, not my problem). But, for a company that actually has revenues, to state that it's going to .000001 IS dramatic. Almost the entire otc market has been driven to dubz or trips...mms and shorting are rampant and there's not enough flow in this particular market which is why traders are having a harder time jumping in and out of an otc. It is not currently the time to trade otc...it's time to wait for the market to bottom and jump into long term blue chip stocks or trade options on blue chip/spx volatility. CBGL will have its chance if a large enough policy/legislation for cannabis gets passed through and weed gets trending OR volume flows back into the otc. The only way I see CBGL going to .00001 is if the company has lost its way and delists.
So yeah, dramatic.
it is Dramatic because you do not see the stock price performance and how it degraded so fast within the last 6m to one year alone, and prior to one year, it was not any better?..
In Jan 2021 cbgl was around .0158s
In Jan 2022 cbgl was around.011s
almost Jan 2023, it is as bad as .0001 (trading at a low of .0008), for a multipenny stock to degrade to .0008 is totally worthless if you bought the share 6month ago, if you bought 1year ago, if you bought two years ago, or prior to 2 years, that means every one, pretty much every buyer lost lots on this filthy garbage.
Do not tell me the bs that those who averaged by buying more and more stocks are any good,NO, they are still worthless as of this day?.
how is that for a change?...
Oh Really, so what is your insight on the non stop stock price crash?, can you show some light from your genius understanding??..
yea...that happens when there are lots of flies in the management and inside the co, a nasty, fked up criminals run co...!, that is the impression stock price displays..!.
Nice to see you here ;) CBGL
Marking the 10th anniversary since Colorado voters approved marijuana legalization at the ballot, Sen. John Hickenlooper (D-CO) announced on Thursday that he will soon be filing a congressional bill to set the country up for federal cannabis reform.
Specifically, the Preparing Regulators Effectively for a Post-Prohibition Adult-Use Regulated Environment Act (PREPARE) Act would direct the attorney general to create a commission charged with making recommendations on a regulatory system for marijuana that models what’s currently in place for alcohol.
The measure is identical to a House companion bill that Reps. Dave Joyce (R-OH), Hakeem Jeffries (D-NY) and Brian Mast (R-FL) filed in April. Hickenlooper’s staff told Marijuana Moment that the Senate version will be formally introduced when the chamber returns from recess in mid-November.
The senator sees the commission that would be created by the legislation as similar to a task force he empaneled when he was Colorado’s governor to steer implementation of legalization at the state level.
https://www.marijuanamoment.net/new-senate-bill-would-create-federal-marijuana-commission-to-prepare-for-legalization/
Amazing buy in here- reviewed below
$0.0007 w/ $100K market cap. I add a few million today at .0007.
Bill stuck in the Senate that should get traction after elections.
986 Million OS with a 748 Mill Float ...... small for OTC
If I’m remembering correctly the O/S is approaching a billion shares. 989 Million.
not really. My question was "did anyone get in touch with cbgl." lmao I know 1-2 ppl on twitter who have gotten in contact. It was a simple question that required a simple answer. Yes or no.
Sounds like thats the answer to your question than.....
Marlin is the IR and his contact is 725-205-1122. The issue is he's a terrible IR and ppl who have been in contact with him say that he pitches a different ticker to them while he has them on the phone lol. He hasn't responded to my calls/texts.
you have a contact number? post it for people to reach out if you do....?
Anyone get in contact with the co in regards to share structure and continual dilution?
speaking of flies.......
LOL only cause your not getting what you want on your timeline ..... sell ....
Small Float 748 mill
.000000000000001 is a little dramatic..this whole post is a dramatic. Let's see how the next financial report comes out. If they still bring massive revenue, then that means money is being put to good use
Every single time the stock price recovers a bit and goes green, there comes instant "Dilution" mfkers, bastards of this company must be put in jail, is there any investigation on this management, when will this criminal gangs running cbgl will stop dilution or will it goe to .0000000000000000000000001s and shut down for good!..
I think the CEO and management must be investigated for massive fraud and jailed immediately. Shut down this company, worthless psssssssssssssst!.
O/S have increased from 611 Million to 939 Million since I've been watching a month or two ago.
This outfit is a seasoned team of pros who despite having the stock kicked off most every trading platform has skillfully continued to dump copious amounts of dilution on shareholders. The fact they are so non compliant should be a big red flag.
and there goes more dilution. MM's showing .008s-.009s on level 2 lmao
33s next and then to pennies....the trajectory is set and rolling up!!
Seems like that offering might have materialized two or three weeks ago or a month ago, when the stock had hit the 1s or went down below!..but paper is being filed yesterday!..
Oct 7, 2022
2nd CBGL Breakouts Alert!: Multiple Pennies!
2019 Price of $3 though might be construed as due to restructuring, it was such a minor one 1to15, regardless of any such event, a $2-3 stock valuation for cbgl is quite fit into its current structure and growth!.
Alert Link: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170146909
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Oct 5 2022
1ST Breakouts Alert Below:
Check out my Previous Breakout alert here, Pennyes breakouts alerts accuracy rate is above 90%..!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170120969
======================================
watching for the 30% dumper tweety to show up and try to drop his bags....
From my experience, I believe the whole sector runs. October is going to be a fun month. CBGL
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