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Volume(Heavy Day) 14,128,927 Green for some I guess
The company's lawyer is asking for leave to withdraw because the company hasn't come up with new financing like they had committed to. That's very very bad...
Still no date?
NICE Green day SOLD another 250,000 at .0037
waiting for drop to buy back in
and again sorry, done selling holding rest now
sorry guys I dropped it by .0001 to sell 50k
Twitter active again for VCBD
Big milestone today. Launched our first USDA Organic certified CBD oil. Use code vitalibis10 for 10% savings. #cbd #cbdoil #organiccbd #fullspectrum pic.twitter.com/KnGVurqVEK
— Vitalibis (@Vitalibis) January 14, 2021
When I read this post and price dropped a month ago it made me sell over 1M of this stock, gutted now cost me thousands and look a loss. lesson to all listen then make your own decisions based on all the data and hunches
Go VCBD, another green day to trade
Dead stock walking. This common stock will be cancelled when the company’s bankruptcy plan is effective. This is like musical chairs, only there are no chairs. Once the music stops, whoever is holding stock will lose 100% of their investment.
still early in the day
yep pulling back a bit
nice action today
VCBD is risky for sure, but my $GE stock are losing much more
ahh ok thanks for explaining that. Much appreciated.
For the company, it can be, since it usually means some investment is coming in for continued operations, and that investment wants a significant ownership stake. For the shareholders owning the existing stock, it is a complete loss. Buying the stock trading today is like joining a game of musical chairs, only there's no chairs.
Isn't cancelling shares usually a good thing?
Yes, I see you are correct but some times miracles do happen. Thanks
buy and sell buy and sell, yes one day may get caught out as often have to hold for multi days
Why would anyone want to buy stock that is going to be cancelled? I understand why someone would want to sell it if they can.
wished I bought more at this price
Another GREEN day for me in VCBD
Sorry, posted wrong link. Vitalibis is in bankruptcy:
https://www.pacermonitor.com/public/case/34727916/VITALIBIS,_INC
And their plan does cancel the common stock:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159614656
they even put a cute animated warning gif so it must be true
Anybody here know what that bk bs someone wrote on board's main page?....is this company in any trouble?...any Links to support that argument?.. otherwise, it is simply bs!.
Breakout today or tomorrow!.....
Are you ready for the long awaited Run in VCBD, damn hate this moronic stock, fixed position but when time comes, every slagger has to move, and it is vcbds time!!
Vitalibis Inc (VCBD)
0.0019 +0.0001 (+5.56%) 13:38 ET [OTC US]
Quote Overview for Mon, Jan 4th, 2021
VCBD good target for some slimey covid pump.
A note holder is a creditor, not an equity holder. Equity in the company is the stock, all classes, and it is all being wiped out. All it takes to understand that is reading through their plan of reorganization.
The common stock in this company is being cancelled by that plan, it is just a matter of when, not if.
This alone is not specific enough. Class 6 Existing Equity Interest could mean noteholders. It all depends how they define class 6 equity interest. This doesn't strictly apply to existing common share holders unless they specifically define class 6 equity interest as common shares. IMO...
hope for the best
10 Q looks ugly. But hopefully they do not cancel common shares.
news coming soon here
YES, 'Vitalibis Inc. (VCBD)'
Good morning Thursday everyone
good morning 12-17-2020
waiting for news
Vitalibis Inc (PK) (VCBD)
0.0019 ? 0.0001 (5.56%)
Volume: 1,289,757 @12/16/20 3:10:07 PM EST
Bid Ask Day's Range
0.0016 0.0019 0.00155 - 0.0019
VCBD Detailed Quote
It added Exhibit 4, which were the cashflow projections upon plan approval.
No change to the plan to cancel the common stock.
Description
Vitalibis, Inc. is a technology-powered formulator of premium, full spectrum phytocannabinoid rich hemp products with naturally occurring cannabidiol (CBD), along with safe skincare and certified organic nutritional products. Our Vitalibis(R) brand markets and sells consumer products containing full spectrum phytocannabinoid rich hemp oil within the growing health and beauty sectors, via our digital and wholesale networks. We currently distribute 8 Vitalibis(R) branded products and we plan to add new products to our portfolio to further enhance our consumer offerings. We also sell a certified organic water-compatible, full spectrum phytocannabinoid rich hemp powder formulated for beverages and other wellness product mixes, developed through our supply relationships, all of which are physically located and fully operational in the United States. In addition to our physical products, we offer non-exclusive licenses of our proprietary Vitalibis(R) "super affiliate" technology platform, which is offered as a Software as a Service (SaaS). The SaaS platform drives Vitalibis' next-generation Brand Ambassador program, which effectively combines the best elements of social selling, ecommerce and affiliate marketing into one dynamic service platform.
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