Checkmate
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The only commercialization going on here is the free PR you are giving them while they continue to dilute and dump more shares onto shareholders heads. Just look at a 6 month price chart. Ouch.
Oh? Says here in their latest filing that they recognized a net loss of $529.8 million for the years ended 2022, 2021, and 2020.
I think you need to re-read the last sentence.
What a piece of garbage, latest 10k filing says the company has serious doubts about whether it will be able to secure the funding it needs to continue to operate. Maybe I'll buy at 40¢ and then sell at. $1.50. Even scams run every now and then.
Going to have to agree with scumbag here, 50m is not high volume for this share structure. Also, the OS is unchanged, so logic would indicate that this wasn't dilution but just retail selling IMO.
$SBES
I think we are just seeing the bid collapse and longtime holders selling for a tax loss. Doesn't look like dilution to me because it's relatively low volume. I'd be lying if I said I wasn't considering the same. Right now the gamble becomes do I hold on longer in the hopes that it goes back up and I can sell at a higher price, or do I sell now at 4 or 5 before it goes to no bid. Been in this predicament many-a-time. If there wasn't any risk there wouldn't be any reward. Capitulation is a necessary part of a market cycle. It can lead to either forming a base for the next run, or in some cases the demise of a ticker.
I think we will see updates eventually (hopefully soon), but the question becomes how soon will we see updates, and will they be of any substance? I think patience will eventually be rewarded here but at the same time, time is money. Lots to consider.
$SBES
Finally seeing some ask slappage here. An update from the company would be nice, a good update or filings w/ pink current would probably send us to .003+. Just waiting on management to do their job.
$SBES
Agree with everything you're saying. We are overdue for an update from management, the least they could do is submit a filing.
$SBES
You're leaving out context. I said I sold before at .004+ for a MASSIVE profit, and rolled back in a very small amount of that profit back into $SBES, meaning overall I am far far in the green. Case closed.
$SBES
I'm not losing money.
$SBES
Wasn't a nothing burger to me, I sold at .004 for massive profits and rolled some of those profits back in at an average share price of .0008, so I'm doing alright for myself. If you didn't sell at the top then that's on you.
$SBES
Or do we have another surprise Christmas rally like last year? 52 week high of .0051 on 12/23/2021.
Getting tired of waiting, personally. Time is money. Thinking of just cutting my losses for a tax loss. Problem is I have so many shares I would probably send this to .0002 if I dump.
$SBES
The good news here is no changes to the share structure for months now (no dilution). The bad news is the company is behind on filings and is far overdue on any updates to shareholders. Hopefully they get their act together soon and this can actually run.
$SBES
Not sure but I am losing faith in this turd. Been stuck at .0009 average since March. I think long term it will run but problem is we are missing out on other plays waiting for this to garbage to move. We need an update from the new management *SOON*, or people will cut their losses and dump for a loss. JMHO.
$SBES
I've been ready.
$SBES
I hope so, and I see that as a high possibility. The point I'm trying to make though is *even if* $SBES is a scam it could still run. I've seen many scams run. But based on the recent management change and their credentials, we could be looking at a real runner here.
$SBES
It's a shame you spend so much time writing these and no one reads them. 95% of OTC stocks are scams, you're not telling anyone anything new. Anyone who thinks otherwise is a fool. But scams can still run.
$SBES
911 shares traded today. Hmmm.
$SBES
Sometimes a stock can run on technicals alone, but filings and pink current sure wouldn't hurt. Even an update from new management would help if they are watching this board, which I'm sure they are.
$SBES
Charts pointing to a run soon IMO.
$SBES
Their*
$SBES
Well said jufel!
$SBES
Same here Joe. Lots of irons in the fire here.
$SBES
Accumulation is off the charts. Looking like a run coming soon for $SBES.
https://www.barchart.com/stocks/quotes/SBES/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;CHKMF(20);MFI(14,100);BBANDS(20,2);SMACD(12,26,9);RSI(14,100);SRSI(14,20)&sym=SBES&grid=1&height=210&studyheight=100
On Tuesday we had 300,000,000 in trading volume and went from .0006 to .001.
$SBES
Volume before price. Something big is coming judging by the recent trading action. All IMO.
$SBES
Pink coming soon hopefully. We are building a base at .001 now. If the company is transparent and keeps an open line of communication with shareholders, we could see much higher prices very soon here.
$SBES
.001 break imminent IMO Bee.
$SBES
I hope it does go past .001. I own around 30,000,000 shares so it would be to my benefit if it does.
$SBES
Looking better here today. I think we've shaken out some weak hands.
$SBES
Link please? TIA.
$SBES
Not judging anyone, but they inherited this mess so now it's theirs to fix. I expect it will take some time for the new management to get things in order and update the shareholders. But let's not make baseless pie in the sky predictions when this can't even get past .001. Just saying.
$SBES
Why the positivity? We're at .0007. most of us are bag holders at this price. Getting tired of this stock not being able to hold any gains. We need to hold the new CEO accountable and demand some updates, and that they file their financials and get current.
$SBES
I disagree. This stock can't even hold .001+ right now. Every time we hit .001 we come crashing back down. It's frustrating to not be able to hold any gains.
Great article Bee. We need to go and stay north of .001 and build a base above .001. Good news finally coming out though for $SBES.
Agreed brother. I say we gap up in the AM due to this good news. GLTA.
$SBES
Thanks Joe. That would explain the recent price action. $omething big mu$t be coming.
$SBES
Lmaoo
$SBES
Agreed. We've seen how high this ticker can go in the past. Expecting a run to at least .005 here.
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