You gave him money?
This is the most openly blatant price manipulation I've ever seen. I've seen charts that depict this, but never the actual trading day after day.
They are doing all they can to eliminate traders and lock up the trading float. The goal is to enrich themselves and friends.
I fully expect this to return to the old highs split adjusted: over $10/share, and I think the uptrend began with the recent news.
TheStreetReports: Disruptive Technology Stocks in Focus – $KAVL, $SONM, $PBTS, $IPA
Yeah unfortunately no one who has been here awhile trusts him Hopefully he turns it around before the summer but he will need to show real results not what he thinks Kavl will do.
Yup, and that's exactly what I think is going to happen with this lying, exaggerating in for friends only POS CEO!!
I believe they have 180 days to comply
So if next quarter revenues don’t come in big we are done for
How long before a delisting notice would be sent per under $1? Heard someone mention another RS? No way right? I mean don't they already have extremely low float? Something is not being managed right and it starts with the exaggerating POS CEO that set all his buddies up pre-RS last time and then they all sold before RS, then bougt after running it to $17 and then all sold again. This CEO must GO!!!!
March 13, 2023 - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we," "our" or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), including the BIDI® Stick electronic nicotine delivery system (ENDS), which are intended for adults 21 and over, today highlights the official launch of the VEEBA disposable e-vapor product across the United Kingdom, reported by Philip Morris Limited, UK and Ireland (PML), on February 27, 2023.
This past summer, Philip Morris Products S.A. (PMPSA), a subsidiary of Philip Morris International (PMI) entered into a licensing agreement with a subsidiary of Kaival Brands, allowing for the patents, methods and technology to develop products based on the premium, self-contained ENDS called the BIDI® Stick, the No. 1-selling, self-contained ENDS device in the United States according to data from New York-based Nielsen. The VEEBA device is a result of this agreement.
As reported by Philip Morris Limited, UK and Ireland, at the time of launch: “In accordance with PMI’s responsible marketing practices, VEEBA’s packaging, device and flavor descriptors have been specifically designed to appeal to adult smokers only. VEEBA has not been commercialized with flavor descriptors that may appeal to youth, such as images or descriptions of candies or desserts, or brightly colored or flashy devices or packaging. Instead, subtle colors and functional flavor descriptors work together with PML’s youth-access prevention program, to focus on providing existing adult nicotine users and adult smokers with access to VEEBA.”
Nirajkumar Patel, Chief Science and Regulatory Officer of Kaival Brands, says, “VEEBA and BIDI® Stick are science-based, premium, responsible, recyclable and disposable devices, developed specifically for use by adult smokers and existing adult nicotine users who are looking for a better alternative to continued smoking. Retailers can feel assured that by listing BIDI® Stick here in the United States—or VEEBA outside of the United States—they are stocking a smoke-free product that adheres to local laws and in many cases, strives to go even further.”
In addition, recycling programs for VEEBA and BIDI® Stick enable and encourage users to dispose of used devices in a responsible and sustainable manner, with products cleaned and separated by material type, and then recycled into raw formats that manufacturers can use to make new products.
“The U.K. represents a top market for the international distribution of VEEBA with a mature and educated vaping community. Since the official launch of VEEBA in Canada last year, we are encouraged to see additional market expansions, which in turn creates additional royalty payments for the sale of each unit that is manufactured and sold,” said Eric Mosser, President and Chief Operating Officer of Kaival Brands. “A responsible, disposable device that can fulfil the needs of existing adult nicotine users is now available in additional international markets, and we look ahead to future growth while striving for excellence in quality, compliance, and sustainability.”
Probably also the buying and pop today.
That explains the little bit of buying on Tuesday.
Kaival Brands Announces New Retail Distribution Agreements Providing Access to 13,500 New Locations
It's about time!
$KAVL E-Cigs 30.6% Growth Projected Thru 2030: $BTAFF $PM $MO $IMBBF
$KAVL E-Cigs 30.6% Growth Projected Thru 2030: $BTAFF $PM $MO $IMBBF
you guys just like losing money don't you?
Me too at .77 +/-......Great buy here on any bounce
Just jumped back into KAVL at .71 on the double bottom... Just a chart play for now.
Nothing new, same old song
#BreakingNews - Kaival Reports 2022 Financials and 2023 Outlook – NASDAQ: $KAVL NYSE: $PM
GRANT, Fla., Jan. 30, 2023 - Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) the exclusive U.S. distributor of the BIDI ® Stick electronic nicotine delivery system, today announced its financial results for the fiscal 2022 fourth quarter and full year ended October 31, 2022, and looks forward to 2023 w/Philip Morris (NYSE: PM) International Distribution Agreement in full swing and Favorable Decision by Appellate Court Allowing for Renewed Non-Tobacco Flavored BIDI® Sticks US Sales
Nice I'm surprised not a better reaction
Kaival Brands' (NASDAQ: $KAVL) Strengthens in U.S. w/ District Court Decision And Globally w/Philip Morris (NYSE: $PM) Partnership https://topnewsguide.com/2022/12/28/kaival-brands-nasdaq-kavl-strengthens-in-u-s-w-district-court-decision-and-globally-w-philip-morris-nyse-pm-partnership/
BIDI Vapor](https://1drv.ms/u/s!ArAyaAmAjM5c3xGSzdVQ9oSZZEzE?e=VNxKRS) - Product focused sales deck
[Nielsen report](https://1drv.ms/u/s!ArAyaAmAjM5c3xzHPkstcZS8FfY9?e=GcwiP3) – specifically pages 12-14
[PMI Investor information](https://1drv.ms/u/s!ArAyaAmAjM5c3xATJAN6f8hahKF4?e=t8hst9) – page 56 includes data on launched markets
Kaival Brands Expertly Navigates ENDS Market Restrictions; Looks to Capitalize on Now-Sparse Competitive Landscape (NASDAQ: KAVL)
They become a subsidiary of PM, but not until the ceo finishes unloading his shares so the insiders can all have a piece of the action...
CEO IS A LIAR IS THE REASON
Sure bro. Just toss some moar money into the fire
So Kavl went up $600,000 in revenue but it costs the company a million dollars to do it and I’m suppose to get excited. The CEO also has stated numerous times that Kavl is either number one or number two in the USA market yet they only have 3.8 million in revenue. Something is not right here.
Kaival Brands Innovations Group Inc (NASDAQ: $KAVL ) Reports Higher Revenue in Q3
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) has made considerable progress over the course of the year so far and earlier this week on September 12 it was in the news after it announced its financial results for the fiscal third quarter. It may be a good idea for investors to consider taking a closer look at it in order to have a better idea about the situation at the company.
On Wednesday, KAVL stock fell 1% to $1.18 with 100K shares, compared to its average volume of 1.73 million shares. The stock moved within a range of $1.1600 – 1.2100 after opening trading at $1.19.
On the financial performance front, the company managed to bring in revenues of $3.8 million for the quarter and that was a significant improvement on the $3.2 million in revenues that it had earned in the prior year period. This topped analysts’ estimates by $0.35 million.
The gross profits for the third quarter stood at $442100 and that was again an improvement on the $84300 that it had generated in gross profits in the prior year period. On the other hand, the operating expenses actually went up to $4.3 million from $3.3 million in the prior year period. Net losses suffered by Kaival Brands was $3.9 million and that actually widened from the $3.4 million net loss in the prior year period.
There were some significant milestones that had been achieved by the company during the third quarter. The most important one was perhaps the international licensing agreement that was agreed by Kaival Brands International LLC, the company’s fully owned subsidiary with Phillip Morris Products SA. Phillip Morris Products SA is a fully owned affiliate of the tobacco behemoth Phillip Morris International Inc.
However, that is not all. Another major highlight from the third quarter for Kaival Brands was the launch of VEEBA, a customized branded product with a self-contained e-vapor. The product is going to be sold in Canada and the royalties that are going to accrue to Kaival Brands are in line with the international licensing agreement with Philip Morris.
KAVL stock is trading below the 20-Day and 50-Day Moving averages of $1.20 and $1.21 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.31.
Good day here.
I'm holding $9-$10 as well
Thx Randy, I don't really have a big portfolio of Kavl but I ve been holding over 6 months and I don't have any intention to sell it less than $10...since Big MO does all the distribution and marketing on behalf of Kaival, means very big to me...it could be a take over sooner or later ...we have the market leader it's own category
Let's se what brings coming days....
I was just on the NASDAQ page looking at the information about KAVL. ..
Check out the Institutional holders:
Total Institutional Shares :
Number of shares: 1,220,351
Vanguard holds over 750,000 shares .... so I'm guessing they were not included in the shares bought and sold today.
Following big money seems like a pretty good idea.