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The purpose to put up stock for sale for high price(Lock up) is to remove currently 2.8 mil from retail wanna be short traders to borrow, can't stop stock funds and MacRab from shorting except for run
JMO
From the S1 (50 million S1 shares remaining)
In connection with the sale of the securities covered hereby, the Selling Stockholders may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of the securities in the course of hedging the positions they assume. The Selling Stockholders may also sell securities short and deliver these securities to close out their short positions, or loan or pledge the securities to broker-dealers that in turn may sell these securities.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173927813
Keep sniffin pennies dude!!! i’m popping pills want to see silver
Perspective on short Interest
Locking up Shares with GTC high sell price will keep honest retail short availability down.
Off-Exchange Short Volume 1,762,167 shares - source: FINRA (inc. Dark Pool volume)
Off-Exchange Short Volume Ratio 71.75 % - source: FINRA (inc. Dark Pool volume)
Short Shares Availability
This table shows the number of shares of US:KITL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
Time Since
Last Change Timestamp (UTC) US:KITL Short Shares Availability
2 days ago 2024-02-29 08:07:48.704 2,800,000
02-16 2024-02-16 09:45:32.951 1,300,000
02-15 2024-02-15 11:28:31.665 250,000
02-14 2024-02-14 15:46:51.957 200,000
02-14 2024-02-14 14:03:37.628 250,000
What about the incredible amount of debt incurred from past failed attempts an improving profits. They need investors to bail out failures and provide cash for the next round of forward looking projects. The track record proves they cant do it. They can not bail out past debt forget about raise additional capitol to give something else a try! I think this is done, to much money due in only a couple of months.
When is the cutoff bruv, June?
Hang in there dude!!! strap your dildo and pop your pills!!!!
How about that end of the day $12 dollar sell near the bell.
All about creating a perception through deception.
You mean a 100 bagger at ten cents
New blood rockafella, Float got soaked up
It will hurt 10X Over the ten bag
Can the shorts get a banana up the ass with no vaseline???
No media blitz until MacRab is done covering his short positions and if their plan is for MacRab to load up at .0011. No blitz unless MacRab has shares on the long side of the trade.
Very good post! Fun to read as a bonus, thank you for that.
Yes the new rules have made it nearly impossible for the retail traders to make a buck or 2.
This is hilarious for all that believed any of it was real imo. The otc is a fake death trap since the new rules. I wouldn’t put .0001 in any of the lies of any company. They should all be delisted and gone 4ever ever. Lol imo
Would be sweet
Never underestimate these tycoons, might just pull a rabbit out of the hat move with a 10 bagger
Wouldn’t it be something if…
We pulled a Game Stop on their ass and forced them to cover😁…squeeze the Scam’wich until the sauce drips out.
It’s toast unless they have a surprise up their sleeves
Notice the 3 10k asks at .0015, .0014, .0013. That is to create the impression for those without L2 there is selling pressure.
When in reality the real ask is .0015.
900k shares.
You can’t play this game without L2 and be successful.
The 400k trade at .0013 is mine.
I am counting on Claudio not wanting to go into the pinks for having 5 days of sub .001.
It is a gamble 🤷♂️
The Company needs to do a media blitz of accretive activity. If nothing newsworthy is happening the stop BSing and R/S within 60 days from now. The management team is not entirely forthcoming because with the price sub-penny like this they can't even leverage share based deals. So what they are selling a few jars of tomato sauce. They themselves don't deem that news worthy. So execute this
Last paragraph.
The paragraph is not necessary unless the CEO wants to depress the PPS.
The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its common stock on the OTCQB Marketplace and, if appropriate, consider implementing available options, including a reverse stock split, to regain compliance with the Minimum Closing Bid Price under the OTCQB Standards.
https://www.otcmarkets.com/filing/html?id=17272711&guid=BEd-kF3ChkXCJth
Did news hit the wires dude!! All eyes on news!!!
KITL structure still appetizing
The first tranche of shares 17 million brought in about $120,000 to $150,000. I suspect MacRab working with Claudio took a short position knowing the Ponte Scam’wich and RS announcement was going to drop the PPS. Claudio then gives MacRab a guarantee he would not put out any favorable PR allowing MacRab an opportunity to cover at extremely depressed prices.
Sell high using S1 freshly minted shares to short, then buy low to cover. That, friends is a well made Ponte Scam’wich.
Now the question is where do they go from here. Remember this isn’t about KITL getting the most bang for the buck. This is about MacRab maximizing profits to lend Claudio money to maintain his CEO salary.
Where do we go next? I have some ideas. What are the options? Which one is more favorable for MacRab to make money? Buy shares at .001 or less then Claudio begins the pump cycle. Or… Do a RS and sell shares for pennies then MacRab shorts the stock again. Remember the Form 4s?
Making your stomach churn yet? Little nauseating trying to swallow a Ponte Scam’wich?
Of course this is only my opinion… thinking like a Scam’wich maker.
If 50 million shares were sold tomorrow for .0012 they would have $60,000 toward June's $250,000 due convertible debt!
DUE JUNE 30 2024 with no plan!
$250,000 .00
https://www.otcmarkets.com/otcapi/company/financial-report/367150/content
KITL Security Details
Share Structure
Market Cap Market Cap
4,617,321
12/26/2023
Authorized Shares
650,000,000
12/22/2023
Outstanding Shares
329,808,642
12/22/2023
Restricted
248,159,188
12/22/2023
Unrestricted
81,649,454
12/22/2023
Held at DTC
71,629,204
12/22/2023
Float
49,903,380
04/30/2023
Par Value
0.001
Share Structure
Market Cap Market Cap
3,627,895
01/04/2024
Authorized Shares
650,000,000
01/05/2024
Outstanding Shares
336,763,187
01/05/2024
Restricted
248,159,188
01/05/2024
Unrestricted
88,603,999
01/05/2024
Held at DTC
78,583,749
01/05/2024
Float
49,903,380
04/30/2023
Market Cap Market Cap
2,862,487
01/23/2024
Authorized Shares
650,000,000
01/22/2024
Outstanding Shares
336,763,187
01/22/2024
Restricted
248,159,188
01/22/2024
Unrestricted
88,603,999
01/22/2024
Held at DTC
78,583,749
01/22/2024
Float
49,903,380
04/30/2023
Share Structure
Market Cap Market Cap
1,865,104
02/09/2024
Authorized Shares
650,000,000
02/05/2024
Outstanding Shares
339,109,861
02/05/2024
Restricted
247,659,188
02/05/2024
Unrestricted
91,450,673
02/05/2024
Held at DTC
80,930,423
02/05/2024
Float
49,903,380
04/30/2023
Par Value
0.001
Share Structure
Market Cap Market Cap
462,841
02/28/2024
Authorized Shares
650,000,000
02/20/2024
Outstanding Shares
356,031,443
02/20/2024
Restricted
247,659,188
02/20/2024
Unrestricted
108,372,255
02/20/2024
Held at DTC
81,430,423
02/20/2024
Float
49,903,380
The Ponte Slimy Meatball Scam’wich isn’t a good look for business. He just wants everyone to Fuhgeddaboudit.
Sc blocked me on x for being critical a few days before the 8k that he left.
If he was leaving why block me?
Without a doubt. The contract was a total non binding get out of jail free card. Claudio was the Ponte Scam’wich Head Chef while SC was the Sous Chef. They are laughing all the way to the bank.
News can hit the wires anytime dude!! stay tuned!!!
I wonder if this whole thing with SC was a plan to sell shares. Neither side commented, maybe we get a pr that they kissed and made up and plan resumes and share price rockets up
Bust the shorts ass with no vaseline dude!!! Lift off up ahead with blue skies dude!!
When blood hits the streets, sharks start to dance with the minnows
Hey, where is dip and rip dude? Have we dipped yet?
Soaking up the float at these levels, MM's games will end very soon
10K share $12 sell into .0012.
Those without L2 only see the PPS dropping.
175,000shares sold and mm's take it down...
575, 000 at ask//22 trades,,,pps doesn't change
Lining up for a .0011 Ponte Scam’wich bottom hopefully to stay out of the pinks at least for the next couple months.
Hard to know for sure when the Ponte S1 Shorting Operation will stop.
MMs are still on the short side this morning with their well placed 10k positions.
It is just a lil 75 million share S1 Ponte Operation.
FUGGEDABOUTIT
More like a hatchet job with the big block sells.
What y’all think?
Will test trips, yes, upon this falling knife effect....I will collect right at the 000/00 line though :)
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