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This is the ideal unrestricted number, QB and PPS for the stealth insider buying to accumulate shares. What I mean by insider… know the status and timing of the company’s future plans concerning material events.
As retail investors the gamble is…
No RS with a significant company business announcement. with this low of a float, is an easy 10 bagger from here.
RS with no business announcement you are looking at a 50-80 percent loss of investment.
The whole idea of restaurants and food hasn’t worked much. I’d like to see them go in a whole new direction. Rm with a kick ass AI business or lithium
That's what I am banking on...just the wait is annoying...otherwise we're good to hold a few Ms
SS is still very good for a pink sheet
A great plan will shoot this up fast
the company is real...they have products that sell...they have revenue...triple bottom pps...preserved SS...called the company number and was connected to CEOs extension but I didn't leave a voicemail, yet...another pump/new business model ets brings this to pennies...if not then we are simply sruck in the high trips with spikes to 002...its a win/win to get some millions and hold the majority IMO. Good luck and have a great weekend
If it doesnt hold L2 suggests next bigger stop at 0005. This sucks - does management retreat from further efforts for a while? Looks like it
They need a blockbuster deal to come out
Hope with 0008 bottom you are right. Instead of kisses from italy it stinks
That assumes that someone would want to buy it.
I think they should just sell the shell the company while the SS is decent
Too Frank's odds could be spot on, didn't see 8-k. maybe hail Mary R/S but after 30 days which (no R/S filing yet) they have to reapply. They do get some kind of grace(discount) for 6 mos.
Why file an 8k like they just did? Pinks don’t usually do that do they?
No RS...they are not aiming for QB status anymore
I believe there's no rush for nothing to do with Share Structure or exchanges until they get their $hit together with business model and proven revenues. You stated before much better chance to raise PPS in pinks than to try to stay in QB and now that their not I believe pinks is where they'll stay and no sense in RS as in pinks it's still considered low float. Any good news and this will fly, they gotta make money to stay there and that not accounting for the accountant fees.
BTW
Companies must pay fees to the OTC Markets for OTCQB quotation as follows: (i) a one-time application fee of $5,000 for issuers up-listing for OTCQB quotation and (ii) an annual fee of $14,200 for all OTCQB listed companies. To Be Eligible for OTCQB, Companies Must: Meet a minimum bid price test of $0.01.
RS before .0001.
RS return to QB
Or
Significant positive business announcement driving the PPS above .01.
This is the current gamble.
My odds
%80 RS
%20 Company Progress
Management certainly need ms a home run business plan and Pr
Big celebrity again or announce products to be sold in a Walmart or large American grocery chain
The financial changing big runs could return with the Goblin Gang ruling going against the SEC. Pump and dump is now legal. Hopefully boiler rooms will return.
The crooks have always managed to stay one step ahead of regulations.
OTC ability to attract retail is long gone with the rise of crypto. The SEC has done what it set out to do and that's to destroy the aspiration of retail stock traders to buy with a dream. Now it's just $hit with peanut flippers and short scammers. Just like last two years afters Gamestop/AMC short squeeze which affected all of OTC HEDGE MM's to lose their A$$ and make pack with devil SEC to put rules to lock out retail and prevent any demand for pennies. OTC is dead
JMO
I agree I been looking at otcmarkets.com for a very long time. When its busy the total dollar volume on otcmarkets.com is over $2+ billion lately its been around $1.5billion to $1.7billion summertime is always slow for penny stocks. I'm not expecting anything until around Nov or Dec.
Bottom is 0008...but I suspect a longer wait for any update to be released = right now we are stuck. Generally, lots of OTC management holds back since the general market condition for OTC tickers is miserable. Potentially end of the year, together with elections, we will see the OTC re attract buyers and IMO that will be the point for legit updates, or pumps, promotions, and other approaches by OTC companies. Right now its wasted energy.
You were saying!
Your dreaming. This will be .0001
Yes if the plan is good and it gets good coverage and pink investors see the SS
They will go ape shit.
my bet is on quick mover
If they go the celebrity route again or something else that is attractive we should move up fast
Must be just standard wording then?
Kisses From Italy Inc.
For the quarterly period ended: March 31, 2024
Condensed Consolidated Statements of Operations
(Unaudited)
https://www.otcmarkets.com/filing/html?id=17682072&guid=aJO-kKAgXcxFB3h
OB requires audited financials.
8k out
Standards, if the Company regains compliance with the Minimum Closing Bid Price within 30 calendar days of the date of removal without any additional corporate actions, OTC may readmit the Company to OTCQB with no further action required. If the Company regains compliance with Minimum Closing Bid Price more than 30 calendar days but less than 6 months after the removal date, the Company shall submit a new OTCQB Certification for review and approval by OTC.
Another Texas judge passed one against the FTC too. Judge Ryan I believe
Nothing about the audited financial requirement to be eligible for the OTCQB.
Why blame only the PPS.?
Picked up 500,000 shares and it shows as a sell
Pump And Dump Schemes Are Now Legal!
The Goblin Gang dismissed. 😇 The judge is protecting the big market manipulation cabals.
140 million in 16 months $$$$
A Texas District Judge Andrew S. Hanen has dismissed all charges against seven social-media influencers the SEC and Justice Department had accused of perpetrating a “stock manipulation scheme” on Twitter and Discord, ruling that the prosecution failed to state an offense in a case alleging securities fraud.
The influencers were accused of securities fraud through a Pump and Dump scheme as they posted on social media that they owned or were buying various penny stocks but did not state that they were selling the stock as their followers bought.
I wonder if they are still selling on line. they never talk about it
of course that goes for all markets. and don't think profitable big companies pa up opportunity anywhere
good to hear that acknowledged for all to read
I would say that goes for most companies also in NASDAQ and New York Stock Exchange. Unless you’re big and profitable and don’t need to sell shares that’s what the companies do.
The vision of most OTC companies is to bilk retail investors out of their hard earned cash to enrich insiders.
Their agenda is to sell shares to crony friends to make a profit. The business is most always a money losing bullshit ploy designed to deceive the retail investors into buying the farce. Every time the SEC cracks down with new regulations the retail investors get screwed. The expert market devastates retail to the benefit of the wealthy so called “Expert Investors”. Like the 12 million puts withdrawn from Truth Social claiming it to be an error.
The big markets are now as corrupt as the penny stock market because of hedge funds.
R/S wont help here it's already considered a low float for the pinks. Company needs way to generate revenue. Brand name and logo looks pretty but doesn't sell.
Isn’t funny how all otc companies talk big plans then never get anything done…and now a new vision. Lol. Stick to real companies not start up with no rev and dilution imo. Gl if this works out. I quit the otc after all the new rules. There is nothing left. Not even pump and dump stuff
nice volume lol
kitl is such a POS
when is the reverse split?
Good morning dudes!!! Did news hit the wires!!!
That would be great if they did
Prior to the termination of the SC agreement KITL was going to distribute the SC shelf products and sauces. I envision them going down the same path using their expertise and experience to distribute, market and sell similar products for Scott Conant type celebrities.
I think all we need is a little news PR and we will roll.
$KITL
$KITL Look at all the room to as volume finds this..could be a real banger.. pic.twitter.com/dQqKvGmQGT
— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) July 17, 2024
I think this will be a multiple day runner slow and steady I guess.
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