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Where did all the money go? It seems reasonable that if they opened their own stores in the right locations with out franchisees they should have made out just fine. What the hell did they spend all of the money on? Seems to me like each location if in the right demographics should have been profitable.
https://www.yelp.com/biz_photos/kisses-from-italy-fort-lauderdale
Well done! Thanks for the historical perspective update.
Yes it is.
I’ll take my chances from here.
Probably get my ass handed to me.
Another 17 million added, give or take a few.
The question is if they will be used for a long or short position from here or after a RS.
The odds…
If it stays out of the Trips this week that's a good thing. Gltua
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
04/30/2023
Par Value
0.001
Share Structure
Market Cap Market Cap
410,212
03/08/2024
Authorized Shares
650,000,000
03/08/2024
Outstanding Shares
372,920,331
03/08/2024
Restricted
247,659,188
03/08/2024
Unrestricted
125,261,143
03/08/2024
Held at DTC
115,240,893
03/08/2024
Float
49,903,380
04/30/2023
Par Value
0.001
On February 9, 2024, Kisses from Italy Inc. (the “Company”) received the letter (the "Notification Letter") from OTC Markets, Inc. notifying the Company that its bid price has closed below $0.01 for more than 30 consecutive calendar days and that the Company no longer meets the Standards for Continued Eligibility for OTCQB (the “OTCQB Standards”), which requires maintaining proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior 30 consecutive calendar days (the “Minimum Closing Bid Price”).
The Notification Letter states that pursuant to Section 4.1 of the OTCQB Standards, the Company was granted a cure period of 90 calendar days, or until May 9, 2024, to regain compliance with the Minimum Closing Bid Price under the OTCQB Standards. To continue trading on the OTCQB marketplace, the closing bid price for the Company’s common stock must be $0.01 or greater for 10 consecutive trading days during this 90-day cure period.
If this requirement is not met by May 9, 2024, the Company will be removed from the OTCQB marketplace. In addition, if the Company’s closing bid price falls below $0.001 at any time for five consecutive trading days, the Company will be immediately removed from the OTCQB marketplace.
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.
The only bottom hit is when Claudio put The Old Salami Scam’which to retail traders by leaking the SC Alliance termination so MacRab could unload his S1 short shares.
I think KITL bottomed out at .001 the last 2 days of trading showing signs of very low volume trading.
That would be awesome.
I still think this was a plan and Scott conant comes back to resume.
Remember? News coming. Take out the news Claudio.
How is the inside leaked SC contract termination news working out for ya?
Then the OTC letter the next day with a RS paragraph to stop the bounce.
You were set up like a little birdbrain pigeon as MacRib unloaded short shares into the volume. How is that foot long Claudio Scam’wich you are shafted with feeling about now?
Take out the News Claudio. 😂
Watching L2. No signs of where we go from here.
The ability for MacRab to use S1 acquired shares to cover a short position is terrifying.
Plus
The Security Details normally updated every 2 weeks on the OTC website is Scam’wich pate.
There what is ???
It’s a rat attack dude!!!
Hell is where the dirty rat belongs
The OTC Security Details was last updated 2/20/2024.
Is a new update out elsewhere?
Funny how THE TREE SHAKER don’t post if there is no dilution LOL
He’s called a tree shaker
Hold on to your dirty underwears dude!!!
Take out the news and smoke the rat out of his hole!!!
Seems like you are obsessed with claudio dude!!! Are you jealous of him?? Do you want to be like claudio?? Seems like your a creep dude!!
Great DD dude!!! Pop your pills strap on your 12’ dildo your going to fly!!!!
I am happy for the reprieve today. Barring a media blitz of great news they will still have to r/s and based on their abysmal news record we all need to prepare for the inevitable.
Most likely and easiest option for Claudio and the MacRib Scam’wich.
100/1 RS. Sell MacRib over priced shares. MacRib shorts all the way back to trips. All three problems are solved.
KITL’s looming due debt gets paid off from the 5 million sale of shares to MacRib.
KITL remains OTCQB compliant. MacRib makes at least a couple million $$$
All Claudio has to do is throw out a few Scam’wich PRs to create volume so MacRib can unload his shares. This scenario fits Claudio’s inability to operate a viable profitable business so MacRib has nothing to worry about when taking a short position. Unless, MacRib gets Game Stopped 😁 like XALL several months back.
Scam’wich menu.
1. 100/1 RS to bring the PPS to .10 to stay compliant with the OTCQB. Then Claudio sells shares to MacRib for big bucks. MacRib Scam’wich will short the stock all the way back to trips. KITL gets ample funding and MacRib makes over a %90 return.
2. MacRib buys shares at .009 then the Scam’wich pump begins to above .01 to become compliant with the OTC. KITL gets 100 times less funding than #1 but MacRib Scam’wich makes 15-20 times his investment.
3. Claudio allows KITL to go pink and continues to dilute with the S1 then does a RS.
There are several more, in my opinion, less likely options
Thinking like a Scam’wich maker.
Can't short after a down tick.
Can only short after an uptick.
KITL has to trade in the trips for 5 consecutive days before demoted to the pinks. .
500 shares,,,then 180k in 2 trades buys
They hit the triple digits it is an instant demotion...
500 share sell at the opening bell.
The daily step it down pattern continues.
Plus…
No security detail update.
Is Claudio and MacRab taking KITL to the cleaners?
Get them dude!!! Don’t forget to pop your pills and fly!!!!
Ponte Scam’wich bids have dried up. 3 MMs are sitting at .0011 bid with the customary 10k shares. Only one 50k legit bid at .0011.
Crunch time Claudio. All pink on the inside.
Order at trips1 already. Come to papa you POS.
Should,would, could, See you with 10 bags
Faucet seems to be turned off, moving up.....
Pop your pills and strap on your dildo dude!!!! Your going to fly off the 2x flop ponte with the martone st floppers
If the PPS falls below .001 for 5 consecutive days KITL will automatically be sent to pink classification.
Shame on me 😂
Why do you keep on going with the .001 to maintain QB status, to scam people. They were warned by the SEC that they were non compliant as soon as they dropped under .010 that is the requirement. Hence their response that they will regain compliance with a reverse split if needed. Shame on you!
https://www.securitieslawyer101.com/2022/otc-markets-listing-and-quotation-otcqb-requirements/
Fake out or turn around for KITL.
5 days under .001 and they go straight to pink.
The first 7k trade of the day was out of the pattern
Is this just a break in the next tranche of short shares or the next tranche of long shares.
The next company announcement will reveal the direction.
Montreal location showing up as permanently closed on Google....
I too believe that to the SEC we are Forest's, But then again Forest became a millionaire
Lets slap Forest's A$$ or at least MsLabonte's
KITL will run when MacRab no longer has a short position and is issued new shares for a long position.
All company actions will be directed to benefit MacRab so he can maximize his profits. No other shares can be issued until the S1 with MacRab has run its course. .
The pump begins after…
A lender has shares to sell.
The MMs and the lenders/big block share holders are set up to work the PPS
A PR agent has been hired
The social media pump influencers, article writers and other pump and dump players are unofficially notified and have taken a long position.
Then and only then will the company reveal the new Ponte Scam’wich to the retail flock of pigeons (pigeon - as in sucker. one who is easily deceived or cheated) that’s you and I.
But remember people, the OTC, FINRA and the SEC are doing everything they can to protect you from fraud. You can rest assured you are protected from unscrupulous Scam’wich makers and have nothing to worry about.
This post is for educational purposes only. 😁
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