Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
it changes quickly. now the ask is down to .14, 23,000 on the bid greater than .10 and 160,000 sellers between .14 and .15... that is called downward pressure
Okay 200,000 shares if you want it to drop 50% today.
Level 2, 210,000 shares waiting to be sold at .15 and 15,000 wanting to buy all the way down to .11...this is going nowhere. WAYYYY TOOOO many sellers and no buyers. We heard the same thing last year. I would be willing to bet by March they will be pushing the launch into 2nd quarter.
Why don't they pay off notes by selling a product that produces revenue like other companies. Where is the product? Where is the revenue? We have been waiting over a year while they have been getting paid. Those private placements should not happen. They are happening because they are too lazy to get this thing going.
They are on both sides because they know there are large sellers. NITE is legit, that is most likely the seller of issued shares. PUMA thinks that .16 is too high a price, and CDELL, GTSM and CSTI have been boxing in the spread for days. This used to have a .13 bid and a .19 ask. It has been slowly dropping for the past week WITH news.
I doubt that.
a seller is a seller is a seller is a seller. Doesn't matter who it is, shares are stacked on the ask. They were at .19 last week. They have now dropped to .16 and will probably drop to .13 by next week. There will be no new news for the rest of the year. MACD has taken a turn to negative.
with 185,000 sitting on the ask and half of that on the bid. This is what happens when you issue 5.3 million shares, many of which to vendors, as stated on the 10Q. Lot of selling needs to be done with very few buyers.
And no place to purchase, why, because they don't have a product.
Old news and all they have been doing is sitting around living off of issued shares. They are going to wind up being a year late on the product launch. Maybe that is why they are no longer with those companies. Over rated.
No, that was on the 10Q so I know there are 5.3 million shares issued so they can have capital rather than actually selling a product for capital. So, yes, there is 5.3 million shares that include "vendor services". See, they don't have any cash, so they go to their A/S piggy bank and pay with shares that dilute your equity. Hence why they are doing it because if the shareholders don't say anything, they will dilute all day long and never have to worry about raising capital by actually working. What do you think they do everyday...every week...every month. Not much from what I can tell.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The information set forth below relates to our issuances of securities without registration under the Securities Act of 1933.
On September 21, 2020, we issued 2,400,000 shares of common stock to an accredited investor for total proceeds of $240,000.
For the nine months ended September 30, 2020, the company issued a total of 5,332,186 shares of common stock to vendors for compensation and
services rendered.
These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The holders represented their
intention to acquire the securities for investment only and not with a view towards distribution. The investors were given adequate information
about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to
issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.
Yes over 5 million shares issued ready to be dumped for the first 9 months of 2020.
Well, anytime I have seen CSTI, CDELL and GTSM doing the majority of the buying, I know what direction it is going to go. When they know there are shares to be dumped as per the filings, they take advantage. If you don't want to believe, that is fine. However, there is a reason I am retired and I live well.
I do have proof they are selling. It is in the Small Company Offering and Sale of Securities Without Registration (d)
You might want to read this before investing in the OTC:
http://www.32trades.com/market-makers-knowing-what-youre-up-against/
Read the filings. Boustead received 2 million shares for their services.
Sure, although it is a filing so you can just go to the EDGAR database. The EDGAR database. EDGAR stands for Electronic Data Gathering, Analysis, and Retrieval system. It is the primary system for companies and others submitting documents under the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, and the Investment Company Act of 1940. You can find it there. It is a filing. You probably want to look at all the filings if you are invested in their stock.
Here's your link. Although CANT was bought by GTSM. But CSTI, CDELL and GTSM are known short sellers. The 120k is on the board from NITE who is legit. I am guessing it is Boustead or a frustrated shareholder.
http://www.32trades.com/market-makers-knowing-what-youre-up-against/
who knows but as per the guidelines they can only put up 5000 shares per day. Boustead can dump as many as they want.
Leakout at 5000 shares per day
look at the level 2 bid. Known short sellers.
74,000 shares dumped at .13, gee I wonder who that might be? Oh well, only 1.5 million shares to go
It's a filing. What more do you need? It is on EDGAR. What more is needed?
Well, he is correct. Not only is it in the newsfeed, but it is also in EDGAR...2 million shares given for services we have no idea the details of and per filing they have already dumped 375,000 shares with 1,625,000 more to go. I think that is fact and pretty important. Hence the fall of the share price back down to at least .10
Looks like Boustead dropped their offer to .16. 120,000 shares they are looking to dump. Looks like on the bid side they have to go down to .11. Oh well, maybe one day if they start selling a product, they won't have this problem.
What about the 375,000 from Boustead? They still have 1,625,000 shares to dump.
Well you got your news. Not sure how this helps push it to $1
News: Small Company Offering and Sale of Securities Without Registration (d)
I already did.
They have been saying that for months. Last update they said mid January. Now it could be mid March. Bet they will push it off until summer.
I didn't keep it.
They aren't acting like professionals. Oh and I guess LOLOLOLOL
Well last time I checked you tout the big corp executives that are a part of KOAN. Disney Pixar, Pandora, Owner of the Red Sox...Maybe that is why they are in pennies because they could not handle the real world.
Sure,
Dear _____
We are sitting around getting high off of our shareholders equity. We do nothing on a weekly basis that is why you have seen zero change in our company as a whole. All of us are just sitting around doing nothing while everyone else is out there making it happen.
Thanks,
David and all the other worthless executives at KOAN
Nope, looking for more details on how they are going to achieve their goals. Their business plan is nonexistent.
This is what CEO's get from REAL shareholders. This is what needs to happen to KOAN
That doesn't mean anything. They are sitting around not doing anything. They are telling us they are, but they aren't.
I have every right to call out management when they don't produce. That is what it means to be a shareholder. If you were smart you would do that as well.
All investor inquiries go to David Thielen. He is really generic in his resposnses. His email is david@resonateblends.com if you want to try.
I have not unloaded any shares under .17, I didn't get to retirement by losing money in the market
They don't take calls, you can send an email. You get a generic reply that is basically the same as their investor alerts. Any other bright ideas.