Glucose Health Inc. (GLUC)

[NewJerichoMan]

Earnings out with some tasty nuggets within. We got a teensy bit of buying pressure this morning. Info about uplisting coming later this month. That'll (likely) mean a reverse split is coming.

[NewJerichoMan]

At $0.15, the market cap drops to ~$2M. This is getting tempting.

[NewJerichoMan]

Don't think there is much keeping this from sliding back into the teens. Someone just smacked the BID at $0.35. If someone is eager to get out, those 14,000 shares on BID at $0.15 must look awfully tempting.

[BlueChip$]

The float is twice as tight now, (Compared to the previous run to 9 bucks) Could easily run past and sustain that with the right news.

[NewJerichoMan]

Below $0.40 now. Basically $5M market cap.

[NewJerichoMan]

Looks like $0.40 is the new $0.50 for us.

[NewJerichoMan]

BID is thin, thin, thin.

One BID at $0.50 and the next two are at $0.361 and $0.25. Yikes. Getting close to an undervaluation scenario.

[BlueChip$]

I spoke to him a few weeks ago, and he was pretty busy with the S1. I imagine the product launches will be happening after that's all complete. Didn't get much info on them...let us know what you find out if you call..thanks.

[NewJerichoMan]

Have you talked to Murray recently? Been meaning to call and ask about the S1, new product launches, etc.

[NewJerichoMan]

50-day moving average looks out of reach. Might be a slow drift downward.

[NewJerichoMan]

Damn Jerome. One more rate hike and let's call it the half decade.

[NewJerichoMan]

At $0.60 got about a $9M market cap and a run-rate around $900K per year. Round numbers for illustrative purposes. 10x revenue here. Probably about right for such a small company. But what's the next step for the company? What blows us out of this long-term down drift?

[NewJerichoMan]

2 drinks and 2 teas out of stock. Of the 4 in stock, 1 is not available for Prime shipping, which makes it much less appealing since it won't ship for free. Hopefully we haven't plateaued on revenues here.

[Altitrade Partners]

https://altitradepartners.blogspot.com/2022/08/glucose-health-inc-gluc-posts-record.html

[Warrens]

Will see

[BlueChip$]

L2 looks primed for an explosion!..waiting for ignition!

[NewJerichoMan]

2 of the Teas and 2 of the Drinks are out-of-stock on Amazon.

[Warrens]

Walking up.....

[BlueChip$]

Things definitely quiet here, but once news starts getting released again, we'll be multiple dollars without question.

[Warrens]

Volume hitting today

[1King313]

Somebody knows something?

[NewJerichoMan]

Amazon is pretty bare on product. Hopefully that means we're selling like hot cakes.

[Skijuno]

Hey BlueChip. Any thoughts regarding movement out of the sub dollar zone? I still love the potential explosion... again... but just asking your thoughts on anything pending or just sit and wait....? Thanks

[1King313]

Same action everyday, $0.55 keeps bringing down my sp

[NewJerichoMan]

Nice catch.

[BlueChip$]

Just noticed that the company has done some website updates... https://www.glucodown.com/#NaN

[Greenaccountingbean]

Finally hit SA after the close

[1King313]

Great find, thanks

[Dj Ha]

Anyone see this? https://fintel.io/doc/sec-glucose-health-inc-1420108-s1-2022-june-01-19144-2008

New board members and NYSE listing.

[1King313]

Not sure if this was previously posted
https://www.nature.com/articles/d41586-022-00912-y

[BlueChip$]

Opportunity knocks!

[Warrens]

Fire sale

[Warrens]

Needs news

[BlueChip$]

Been pretty quiet here lately, but still a little nibbling happening at these levels.

[Warrens]

INTL buying $1 that's my level 2 float buyer

[Warrens]

CDEL moving up there bid.......

[Warrens]

Still waiting

[31twu]

Going under $Buck soon.

[dave55]

Ok 1 more post. These shares where were given to them on September 1, 2000. Discounted cost $375000. This was for 1 individual. Stock price on that day was about $1.55. This same individual also writes news stories in his publications and gets paid in stock (that in itself should be illegal). This single person has completely destroyed what the pice of this stock should be. They have driven off so many legitimate investors. Anyone that has been here for awhile know exactly who I'm referring to. AP

[dave55]

I'm so glad to see other stock holders aware of what has been going on for years. When those 500000 shares were basically given to 1 individual (or group) this basically screwed the rest of us that spent our hard earned money paying market price. Like you said, over the last few years this individual has been using this for their personal ATM. They could care less about how far the price drops. They make money every single day. Not like the rest of us that set here praying every day that this could go up so we can enjoy a little bit of our investment. Don't understand why this 1 person was so much more important than the rest of their investors. The company and us could of had a very good future. But again like the story goes, greed had to show its ugly head. I have been investing in this company for over 5 years. I stopped last year and never even come on this message board any longer. Good luck to you all. This is my last message.

[BlueChip$]

Any notes that were based on pennies were relative to the SP at that time years ago. Which buy the way, the CEO has paid off those notes or re-structed with the holder. (You can't expect an investor to pay over fair value? And most of those notes were at a 25% discount at that time).

With that being said.. The current Share Structure is:
https://www.otcmarkets.com/stock/GLUC/security

13.8 million OS
(3.8 million of those are currently restricted)
Total diluted is around 20 million

Can anyone out there please direct me to a stock that is cash flow positive, with zero debt or liabilities and with a micro tight share structure that will run to multiple dollars on BIG News?

[penkneestock]

John, from where does your info come from? I thought the price sank due to the Board member resignations who are officials of CELH that is under SEC investigation.

[John_Vallay]

The reason the stock keeps going down is because they have issued many shares at steep discounts to market.

Some of those shareholders that got those shares at discounts can sell the stock all the way down to 10 cents and still make a profit.

Management has mismanaged this capital structure and put the public company on a course of self destruction.

The business may do good, but the stock will do poorly.

Management does not know what damage they've done when they sold shares and issued warrants.

Bad management team EQUALS bad stock performance.

[xe2dy]

"It feels good to get rid of the other crap."

I did that last year.

[penkneestock]

Happy to be buying more down here. Motivated me to sell non-performers that I would've otherwise hung on to. It feels good to get rid of the other crap.

[xe2dy]

Good point. EOM

[BlueChip$]

I'd rather have experience and ethics here. We don't need an investigation of our own down the road due to unethical behavior when we get to a point of law firms looking for a reason to attack us and the SEC viewing us as a profitable target to fine. I am glad that there is someone in our management concerned with the integrity of the BOD. Call me a half glass full kinda off Bull!.. $GLUC

[NewJerichoMan]

I'd rather have our BOD remain intact, SEC investigation be damned!

It is what it is I guess. Hopefully, all the knowledge and market expertise and potential connections have been harvested from our former BOD members.

[1King313]

I think in the years to come this will be my best investment!

[BlueChip$]

When you serve on a BOD you agree to a code of ethics, which encompasses being honest and upfront in critical matters.... I am sure our CEO will find highly qualified replacements for the BOD... https://www.globenewswire.com/news-release/2022/03/24/2409315/0/en/Glucose-Health-Inc-Corporate-Update.html