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It’s certainly clear this is dead. And it’s highly possible GG backed out.
Sold those last two trades today, 20k. They were easily picked up too. The only way this gets any traction is if Gotham Green takes full control. With the cfo out and very likely Jeff Stevens gives GG full control and he either stays on as ceo or a board member this might work. I invested bc of the vape pen opportunity. I didn’t do enough research if this mushroom can actually help sleep or calmness being vaped but instead bought bc they own the patent for the vape pen on AME-1. Maybe GG sees value in that. Imagine smoking a vape that will help you with anxiety and restlessness.
Wow biggest buy in awhile. We need more of these buys. I want $2
No. It should be. Why invest here? I honestly don’t know. Jeff Stevens has been so optimistic and the big GG deal was or hopefully still is promising with AME-1. At least they own it but calm is not helping them and investors are fed up with the silence. Plus the cfo just left. So pretty much no employees here but a one man show.
<< Big sell. Someone wants out. >>
Was it you?
I’m holding a bag that’s why. Avg is above .15c
So many other sleep meds that are cheaper and ppl are scared of mushrooms.
I’ve bought many bottles. I’m happy with it. Too expensive and melatonin works but body stops producing melatonin and that’s not good. You?
Have you tried calm? What are your thoughts? If the product is so bad why are you still here?
And the CFO just left. Either fired or moved on. He was so optimistic about the company so for him leaving is telling this fda food product mushroom just doesn’t have the wonders it was hyped up to be. Xanax, CBD and melatonin for the win.
It’s bland I see it. No real followers. No likes, no shares. This company is toast dude. Probably another loss year end coming and it’ll drop below a penny.
What social media platforms are you using? I see them posting on X, Instagram, Youtube, and Facebook on a regular basis.
I should have sold for a loss in 2023 this is dead for years now.
Social media marketing is free. They are not doing anything.
With interest rates high capital is expensive now. Why burn through cash on marketing to investors in this environment? No one is buying penny stocks right now. Direct to consumer product marketing and preserving capital is the best thing they can do right now. Last financials they had around $6M CAD in the bank, at a $500k loss per quarter that gives them a 2.5 year runway assuming steady and slow sales growth.
You might be hopeful and think it’s purposeful but my research says they’ve just given up. Like I’ve said, I know THC cbd extractor in Greeley and he stated many boxes never leave the facility. It’s not selling.
It’s not selling at my local grocery store. I purposely put a mark on the bottles on the shelf. Not one sold in months. I’m afraid it’s dead.
Purposely sabotaging their business and shareholders is a genius idea. I’m assuming Jeff has a short on the company. Matt Singh was a joke. Zero business development experience from my knowledge. The product is too expensive. I can get AM online for a fraction of price. They’re probably paying to much to extract it. Or maybe this business never had a chance. They raised so much money but never thought of buying their own extraction and bottling machines. A million dollar cost. They were valued over $40m at one time. This was a pump and dump since opening.
Lol... I finally agree with you. Thier branding & marketing does suck... right now.
But I believe it's being done on purpose. ;)
Either GG plans to take over, they’ve bailed out of their tranche or psycf is not selling. All I know is their branding and marketing sucks.
So the cco great Redbull Matt Singh left. What a mess. They can’t pay their bills. Nothing is selling with Calm
You honestly think this has any chance? Zero shares traded. Lower mc than what GG dumped into it. No news on marketing or sales and gg has been in for 10 months now. They even brought in some chic to the board and not a hint of any news or updates. Everyone holding a bag and market makers have a massive short on it. Jeff Stevens isn’t posting at all on LinkedIn. I think he’s given up and the cfo from RedBull is silent. Personally I thought their marketing strategy would be not just great but at least existent. No pulse at all with this company.
What’s Japan ?
Ok so not private but it seems they’ll have trouble finding buyers now. Sales were under a million last year. Maybe double this year. Doesn’t move the mc at all. Remember he raised capitol on a 40+m mc
"Public" is where the money is. There's no chance it's going private. That's ridiculous to think it's going private.
Yep. And they’ll acquire all shareholders at cash value which is .07c or less. I don’t see this staying public.
He's gonna be out soon. :)
Jeff Stevens has wrecked this company with no marketing no sales no delivery. Now the stock is dead. He’ll need to hire a market maker, not cheap. I don’t think you understand that this stock and company are done. Was his plan all along. Crash it!
If you've noticed, all the negative posts have been from 1 joker. Lol
He's been bashing for ever.
He doesn’t know why. Maybe it’s the terrible and non existent marketing he’s got going for him. I wouldn’t touch Calm if I googled it or went to SM to check it out.. his marketing is sketchy af!
Jeff can’t wait to post he’s sold 300k worth of Calm last year. A total of 15 pallets. Just missed his mark by 130%.
Volume gone. Priced below whatever’s Gotham green gave them. What 7m? Mc below that. Marketing is literally the worst in any retail business I’ve ever seen. They have zero brand awareness online. Zero! No likes at all on IG, FB or X. LinkedIn is forgetting so nothing on biz to biz side seeking more locations. Anyone that could be interested in seeking them as a shelf space wouldn’t because of lack of marketing integrity. My guess this was always a shell. The investors bought up the previous .001 shell and moved it over to Psyched at .30+cents. They all unloaded millions of shares all the way back to a penny. Now it’s done. I’ve seen this 100x with OTC. This isn’t a mushroom company. It’s an fda approved food grade product. Gotham Green bought at .07c well they’ve lost over half their investment.
Comical how they only promote the snake oil through the pop up store in NYC. Suppose they don’t gaf about other locations. How many ppl gaf about nyc? Most! I think they’re happy to sell one bottle a week!
I went to my Central Market in Dallas yesterday. Asked the store clerk who manages the natural remedies and such about the Calm. She said it doesn’t sell and they’ll probably pull it off the shelf soon. This is what happens when you have no intentions of succeeding.
OTC shell scam . What a waste of money
Mushroom sector knows this isn’t psyclobin.
Well done Jeff! Great marketing! Looks like you’re selling Calm all over the country lol
Didn’t Gotham Green buy shares at .07c?
I’m anticipating a new product this quarter. Probably a tea bag. Blah. I want the vape pen.
Everyone wants out selling to bots that will short the shares for losses. This company will go bankrupt this year.
Should have never been public. Scam
It is surprising to see a positive post about PSYCF. Every post for 6 months or so has been negative. Thanks if you are sincere.
Stop comparing this otc 2 employee turd at $7m mc to any nasdaq stock with 1,000-5,000 employees of market caps of $15b or higher. Not $50 is traded on this junk a day. That’s a lunch for one employee at CELH. Idiot.
Has anyone seen Celsius stock lately? Hmmmmmm ... that is a food product. :)
Psyched Wellness has a "food product" ...
Somebody better tell Celsius.... Competition is coming.... PSYCF
.
Bought 25 shares last week. Risky for sure but maybe it’ll see .05c
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