Glucose Health Inc. (GLUC)

[samdtps]

Looks like FiberUp is now live on Amazon
www.amazon.com/fiberup

[NewJerichoMan]

Might lose 2 dimes here soon. Sad.

[BlueChip$]

A lot of truth in that article... Glad they pulled the plug on it and saved us little guys from disaster.

[BlueChip$]

For sure.. very impressive. I drink it regularly (even though I'm not diabetic)... It helps regulate my Mt. Dew intake (lol). They have done a great job on the flavors as well, kudos to their development team! $GLUC

[samdtps]

Yesterday's PR is proof of that. 10k positive amazon reviews shows that the product is real

[NewJerichoMan]

Great story on IPOs, specifically the 2022 vintage, and the perils of uplisting too soon.

https://blog.otcmarkets.com/2023/09/21/lawful-but-awful-the-small-cap-ipo-cycle/

[BlueChip$]

Great to see the company continue to grow!...It's been a tough couple years with the China Virus set backs and the current Biden market dsaster. Glad our CEO is a fighter....Better days ahead!!

[samdtps]

Great news on the PR this morning
https://www.otcmarkets.com/stock/GLUC/news/First-GLUCODOWN-Spanish-Language-Advertising-Campaign-Sparks-Sales-Growth-at-Amazon?id=413472

[NewJerichoMan]

Looks like we're going back to from whence we came: a dime.

[NewJerichoMan]

Some semi-serious selling pressure today. Think we've lost our $0.30 floor now.

[BlueChip$]

Nice to see a little volume!

[NewJerichoMan]

Like clockwork.

[NewJerichoMan]

Lost $0.30 for the moment. Let's see if a late day paint can recapture that floor.

[penkneestock]

Not sure we lost registration as you mention
Just backed out of process with EFH
Would be nice to find out why though
Seems like Murray doesn’t trust the unscrupulous ? (CELH Board now EFH)
Not sure of alternatives

[penkneestock]

Not sure we lost registration as you mention
Just backed out of process with EFH
Would be nice to find out why though
Seems like Murray doesn’t trust the unscrupulous ? (CELH Board now EFH)
Not sure of alternatives

[NewJerichoMan]

Losing registration isn't a good sign. Means we can't raise $$$. Means our sales will remain plateaued for the foreseeable future.

[penkneestock]

Hopefully we’ll be back over $2 now that a reverse split with a suggested price is no longer in the wind

[BlueChip$]

I'd agree that pulling it is in the best interest of shareholders. In this bear market, the initial r/s would probably not be the last.. Glad we have an accountable and fiscally responsible CEO.

[Altitrade Partners]

https://stocks.apple.com/AWAu4ZeHxQKeN7yBi4JfVXQ

[samdtps]

Good News. They pulled the registration statement. Means the reverse split should be gone too.

[NewJerichoMan]

Looks like we're stuck... until we're not.

[NewJerichoMan]

Interesting. Is this picture anywhere on their websites? Couldn't find it.

[BlueChip$]

looks great,,,name and slogan are slick.

[Altitrade Partners]

https://i.postimg.cc/FRN28FJK/Fiber-Up-Very-Berry-2.jpg

[samdtps]

Looks like they are getting the word out ... saw this on Fox this morning

[NewJerichoMan]

Toward the bottom right to see the espanol version of their commercial.

http://glucreport.com/

[samdtps]

Good PR this morning. Great sales increase potential

[BlueChip$]

Agreed..fully stocked is a good thing. And the number of 5 star reviews are impressive.

[NewJerichoMan]

Just perused the Amazon store. 100% in stock. Hopefully that's a good thing. Been quiet since the reannouncement of attempting to uplist.

[Warrens]

See if she wakes up

[dave55]

That's because they could care less about selling their products. They only care about selling their stock at below level price to 3rd parties so they can manipulate the price. Been going on for years. This could have been a great company and stock. But just like usual, greed shows up.

[peza77]

96 Million pre diabetics, and they can't sell this stuff ? Something is apparently wrong here.

[NewJerichoMan]

I nibble from time-to-time myself.

[crazyflavor]

https://www.usnews.com/news/world/articles/2023-03-02/more-than-half-of-the-world-will-be-overweight-or-obese-by-2035-report

[BlueChip$]

A little nibble today!

[NewJerichoMan]

IPO's are about raising new money. Accredited investors almost always get a significant discount to market: think $0.40 vs. $0.60.

Hopefully, the reason for the downsizing (from $30M to $9M) is that is what they've already "sold" to investors. Most times, S1's don't reveal what investors paid until the day before the uplist. The price they pay is never as high as existing shareholders think it should be.

[penkneestock]

I'm confused, I sold shares today thinking the offering will be $0.40 (pre-reverse 10:1 split) but someone bought at ask of $0.615 after I sold around $0.52. Am I dumb for selling or is buyer dumb for buying at $0.612 ?
If the split was done today, my shares would be worth $6.15 after the split but they''re to be offered at $4.00 meaning my current shares are worth $0.40.
I think the IPO should be $8.00 per share to keep existing shareholders happy. What am I missing here?

[BlueChip$]

Interested to see how this all plays out. Glad to see the company will finally have working cash to grow. I know Murray has been busting his axx for some time to get this capital raise. Gonna have to find a way to get more shares $GLUC

[NewJerichoMan]

Downsized the offering from $30M to $9M, plus "(c)ertain selling stockholders are planning to offer an additional 1.31M shares at the same price."

The offering price is $4 per share but after a 10-to-1 reverse split. So, basically it's an offering at $0.40 per share in today terms, or about a 33% discount at today's pricing.

If they pull it up at that pricing, no guarantee it won't happen at a discount to $4, the fully diluted market cap of the company will be around $26M.

[Greenaccountingbean]

https://www.sec.gov/ix?doc=/Archives/edgar/data/1420108/000147793223000175/gluc_s1.htm#USEOFPROCEEDS

[BlueChip$]

Getting closer!..limited sellers and buyers at the moment. Early in opportunity coming to a head!

[NewJerichoMan]

We got a buyer today. It's been quiet. Share price has been in suspended animation.

[NewJerichoMan]

Might be early but had a low (initial) bid at $0.62 get hit today. Separate account and these shares will be for trading purposes (again). Looks like share price is about to lose support of the 50-day MA at $0.65. Have a couple BIDs lower in the $0.50s. Probably won't get hit today but in the coming days and weeks, with no news, they'll surely get hit.

[Warrens]

Hard to say what they do ... things move fast in the OTC..

[penkneestock]

I wrote not too long ago saying this would go above $2. Still waiting, buying more shares and Glucodown. I've been wondering if I should buy by the case instead of packs to get this moving.
Looking forward to NYSE but not reverse split. Anyone know how shares will work under NYSE transition? If they want $30 million out of it then I assume there will be shares added but details are a mystery..

[BlueChip$]

Only a handful of shares under a buck left... red wave coming next week and a bunch more news coming about outlook and uplist.... $GLUC

[BlueChip$]

Nice!...look at this L2, A sight of beauty!...

[1King313]

I initially bought this stock for my son but kept adding shares for me. I like the direction this company is headed.

[BlueChip$]

Very likely....

Outlook for $GLUC is strong!...
https://www.financialnewsmedia.com/global-beverages-market-expected-to-reach-1-8-trillion-by-2028/

[NewJerichoMan]

$1 by end of day?

https://seekingalpha.com/article/4552548-glucose-health-why-we-see-a-major-turnaround-coming