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Been here for years. I might start buying back some of what I sold in the past. Yes at a higher price now.
if someone buys the 35+ mill shares being offered at this time at the ask price of .0001, we may see an increase with the ask price sometime today.If not, it will probably stay where it is. I gave up on this Co a while ago, but I still own the fucn stock . The biggest mistake I made with this stock , was buying it when I did. I don't need the tax lost this year , so I guess I'll just keep it.
GLUC IR , I like your response to Moneysnip. Trading the pennies for many,many years, I've never owned a penney stock with such a low amount of their shares outstanding, and I have traded many.
Your right about ANYBODYS GUESS and that's why all of us are still here and hoping for that MIRACLE . Will it happen? Who knows? but many of us still here have traded the pennies before and knew or know the risk with this type of stock and Co.
Thanks Den , We all need it
mariabswizard, as you know now that many of the sub and penny
stocks that you invest in, could be a total lost of all capital invested. You should know that to start with , or never invest in them altogether. BUT SPMI is a going co , not a shell co. In my opinion, just mine, no one else I believe that the co will start to show some kind of a profit. I may be wrong, but if not, your .10 stock will become profitable. Many years ago, I had a similar sub penny stock with a going Co that in a 14 month period went from the sub pennies to $7.44 a share. No I never rode it all the way up, but I did make a handsome profit on it . Yes I do own stock in this Co and like you, just waiting to see what the future will bring. BOLTY and all other stockholders of this Co.
tsoprano-1 Your right, it hasn't been mentioned in many of their previous e mails. IT SEEMS LIKE THEY WERE EARLY WITH THEIR PREDICTIONS. At this time, the Chart looks great, but it's the pennies and anything could happen here. As of now, I have not sold any of my position and I would say , it's fairly large and I'm also in profit . I accumulated quite a bit of stock on their lower end and that's the reason for the profit. I haven't been on this board in quite a while but I have been reading all messages posted
'FinsDontRule', Your average cost is much lower then mine. For the cash that I have invested in this Co amounts to $39,339.00 as of today. Yes , I am ashamed to publish my average cost per share. I'm probably the biggest loser of anybody holding stock in this Co. Like I've said before, I have traded the pennies for many, many years, and this seems to be one of my BAD TRADES and I've had many through all those years. Some even worse then this one. Also as I posted the other day, we are having another LATE Quarterly Report. BOLTA
3rd quarter results are to be out by the 15th , but will probably be late as usual. I also don't look for a great report either . Still waiting for their other products to be in the stores as the Co said it would be for sale in the 4th quarter. As of now, it's not in, and the shelves are depleted of existing product ,and have been for several weeks. This is in the area where I live with 2 Walmarts close by. Can the GLUC IR give us some indication of when the new products will be in the stores if at all ??????
your welcome......
Today it seems that all of the Cannabusiness stocks are trading much lower , ours included. IMO I believe that president elect TRUMP will legalize the sale of POT. I may be wrong, but I don't think so So be it .
Nicholas40' Go to OTCQX.com and put in cbgi and you find out the reason that the price of the bid and ask does not show up. Hope that answers your question.
Kittle88' ,I believe the trade this AM must be yours. Am I right ????
Well we had 1 trade today at 035 , but only 3910 shares. At this time I really do not know if this Co is still in the Cannabusiness. Can anyone tell me if we are ???? Are we still in business at all ???. If the volume and price of the stock continue to go up , then it tells me , we may be. I wish I knew the correct answer to that one but I don't. BOLTA
A penny and a quarter right now. It would be great to see it close at the high made the other day ( .015 ) or even higher. The volume has to pick up also. Yes I do have an EMAIL address but I will not post it at this time.
Kittie88', All of us penny traders could use a hit like that at least once every couple of years. It would make up for some of the losses we take trading the small guys. CBGI hit .015 cents yesterday . Will it continue ??? , Wish I knew the answer to that one, but I don't. Like you and many others , still hoping for that move upwards. BOLTA
That was one of the pennies that I made a lot of money with that year. Trading the pennies for many years as I have,finding the good ones are very few.
Kittie88', I sold mine at .40. At this time , I'm sitting with a few more shares then you are. I have no idea at this time where it is going to go. Up I hope.
Highest volume day in over a year, with the highest closing price in a year also . It could be that some of the states will legalize the CANNABUSINESS next week .Owned this stock in 14, sold it close to their highs and bought some later close to their lows . Still have it.
FinsDontRule' Your thoughts are like mine. I too also own to many shares. Sorry to day but I believe that I paid a much higher price then most . Big mistake. My average cost per share after the last reversed split was $1.15 . I brought it down some by buying more at lower prices since then. as I said before , another big mistake. I've been in the same situation with owning other penny stocks through the years and have some, not many, turn completely around and made BIG,BIG profits with them. Can this stock do the same??? At this time, I don't know, but it might. The future of this Co is entirely up to the CEO and some of the people he calls advisors not employees . BOLTY
FinsDontRule' Your not alone with this situation and I am sorry to say that my loss is even greater then yours at this time. The stock is acting like it wants to go lower. The asking price keeps dropping. I feel that buying into this Co was a mistake to begin with, but buying additional shares while it was making a move upwards, was a bigger mistake. I guess I'll never learn and I should know better as I have traded the pennies for many, many years. Like you, I'm not going to sell at these prices. I don't need the tax loss this year. I'm sure that others that own stock in this Co, are in the same situation as us
The name of this procedure is called FACTORING. Factoring is a business that makes loans to other businesses on their security of their accounts receivables or that buys their accounts receivables at a discounted price. This is done all the time by many, many businesses, large and small. It's another way of receiving funds instead of selling Co stock.
Are we awakening from our long sleep????
Nagasdog, you may be right, but I was hoping the dilution would be coming in the way of a FORWARD SPLIT, not a sell off, yet I know the Co will be selling additional stock ,just to raise capital for future expenses. TIME will see which one of us is RIGHT?????
Well .07 is just above the price where I started to add to my position. Added some a little higher also. I don't have a buy order in at this time yet as I haven't decided the price to put it in at. I'll probably wait and see if it trades any lower, before I put a buy order in. Still trying to lower my average cost of shares in this Co.
I'm doing the same JUST WAITING
Added a few shares the other day trying to bring down my average cost . IMO I believe that the Co is selling into the market to accumulate additional cash. That's ok because of the extra cost of making and shipping their product, and might even be paying off some of their loans, previously made . The 2nd quarterly report should be out sometime this month. Probably will be late , like in the past. The revenue should be great, but the BOTTOM LINE is what really counts . Like the rest of you posting on this board, hoping the bottom line will be good
moneysnips, Have you reversed your thinking about this Co. It seems so according to your posting # 3775
He sure has. 8 children, 6 left, 26 , grandchildren , 25 left ,14 great grandchildren , & 3 great, great grandchildren, He sure has Blessed me and my spouse who is 87.
bluechip$, you are correct. I misread their last PR. Sorry about that. being 90 years old, I find myself making more mistakes now then when I was 50 and a lot more then when I was 30. I guess that what comes with getting older, but I still can Drive, Walk, Fish, Hunt and maybe a few other things, only a little slower doing them.
bluechips$, that e mail had to be sent to you a while back. I believe before the product was into the Walmart stores. As of the last Co report, Walmart should have all 4 of their products now going into their stores. The Co's home page (products ) does not say that it can be ordered on line from them. It says it may be bought on line from Walmart and I also believe , that Walmart is the only Co selling their product at this time. The past month has been a very good one for us LONGS. It would be great if it continues the move upwards. If I see the other product on the shelf at my local Walmart store, I will probably add to my position , BOL
IMO the figures you posted could be only a portion of the figures this time next year. The general public is not aware of this Co yet. Being in the retail sales business a portion of my life. I know what the value of any SHELF SPACE is worth in a store such as Walmart. Sometime in August, when the second quarter report is published, the public may become aware of the Co then. now all this that I posted is just my own opinion.
The Co does not need another business at this time. What it really needs is to have a good quarterly sales report and show some profit on the bottom line. We know the sales will be good , but it's really the bottom line that counts . There is no telling how high the stock will go if that bottom line is a PLUS. Good night all
Kingxeno, after the last stock split ( 1 for 50 ) my average cost per share was $1.15 . That really hurt but I added some after that bringing down my cost per share . When I seen the price of the shares moving up this month, I thought maybe it's time to add to my position again , which I have, still bring down my average cost per share more. I would have dumped all my stock after the last split, but I didn't need the TAX lost at that time, so I held on. The past 2 months ,I've changed my opinion about the Co. I've been negative about the Co for a long, long time, so now I have changed my opinion to be POSITIVE. Hope that answers your question and also that I will be RIGHT this time.
Sure would like to see a NEW contract HIGH made today . The past week, I've added a few shares to my position. Trying to bring my average cost down. With all their products in WalMart stores now, other Companies may be interested in purchasing this little Co as there are only 2 1/2 mill shares outstanding according to their last report.BOLTA
thank you,
harr449, Added some shares today.
bluechip$, you are correct about us shareholders who had stock before the 2 reversed splits. The first one was activated on Feb 26, 2014. That was a 1 for 10. The second was activated on Nov 19, 2014. That one was a 1 for 50 . That was 2 of them in less then a year. Even at the price it is at now, many if not all are still at a loss. What I would like to see is a 10 for 1 forward split. which would give the existing shareholders back some of the stock they gave up. That would only put 25 million shares out there. As you probably know that the sales revenue for this quarter should be astronomically higher then the first quarter sales. Profit , I'm not sure about that as they have to pay for supplies and product that will not be sold until the next quarter . It's looking good now , would like to see it continue it' move upwards.BOL
This AM I went to my local Walmart and seen that the shelf where Glucose Health is displayed, was completely full again. This tells me that they had reordered the product . That is a BIG, BIG PLUS for the Co. I'm wondering why the stock is not trading much higher then it is. Could it be that the this Co stock is a SLEEPER. It appears that way.
Yes it has, but the volume has dried up a bit. What we need now is for a higher volume on the Buy side. Positive news will do just that.