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0007 to be exact.
Give it a minute. When 9 breaks it will dump to 7 quickly.
We aren’t in trips... lol.
Did you really just say that?
When this splits to .50 and then plummets to .03, are we still not in trips then too?
That’s a great analogy. And I went through it with $M!NE long ago. I believed all of the promises from a really crooked CEO. And the narrative here is a mirror image right now.
Great product. Nice retail placements. Etc...
But the toxic financing sent both into the RS death spiral.
S1 coming soon enough. This isn’t low enough for WL. They want trips and then they can run it back to .0014. That’s an easy 100% for them.
I think White Lion is as legit as they can get for now. And Anshu really doesn’t care at all about the share price. We know that. He just wants capital to move forward with plans. White Lion can give him that so long as he plays by their rules.
The ask stacking will make people tired as days wear on. It’s a battle that White Lion will win. They knew exactly what they were getting into here. It’s huge money for them. Every tick matters.
Um... no.
Why are you asking?
Doesn’t need to be over anything. This could split from trips and without any news before the RS... it surely will.
Agreed. But I think an S1 filing will clue investors in as to what is happening here. When it comes, people will be pissed.
I can’t imagine that Anshu only needed White Lion for one quick funding. He has access to so much more.
We have now tested the new low of .0009 twice. Today will be very interesting. I think it tests that level again and possibly breaks it.
Volume will likely be a little less than yesterday early. But as the day wears on and that ask continues to build at .0012, I think that’s when people will pack their bags and head out.
If .0009 should break, I think that 0007 is the landing point. This is a dream for white Lion and if they can load at that level it’s a huge win for them.
Anshu will then bring on the news flow and treat white Lion to 100% gains as this will make its way back to .0012 area as Anshu pumps and spews more rhetoric.
Good week to be White Lion. For sure.
Reversal... lol.
Have you looked at a 6 month chart?
It will turn around all right. Your head is gonna spin when they split this to .75 and then Anshu uses a good chunk of that OS to raise capital.
Won’t take long for it to go from .75 down to .03
Take a look at his other company that split last year.
Went from $1 to .035
XDSL
This will settle back in the trips until Anshu either brings news or splits it from the very bottom.
It’s a shit show.
That’s obvious. Whatever his plan is, it’s gonna require a significant capital raise. And you can bet ur ass he will use massive dilution to get it done after the RS.
If not, he could have easily chopped this AS by the same ratio to give investors confidence.
.002..: SMH
I refuse to cheer for .002. Have you really lowered the bar that much?
It’s common place to NOT change the AS post split in the OTC because companies typically dilute like crazy immediately after. If we go 500 for 1 RS, there is no need for 7.5 billion shares unless Anshu plans on using them again for capital.
As for the insider shares... look what happened on XDSL. All the management got shares pre split and they were not adjusted after the RS.
Let’s see what happens here.
Agreed. Notice he didn’t address the AS staying at 7.5 billion post split in his little update.
Let’s see what happens to his warrants and preferred shares. We know they remained largely unchanged post split with XDSL. Those shares were not affected by the split there. Seems criminal to me.
This needs big news ASAP. And I mean really big news to justify the RS into “strength” that Anshu has been talking about for two years.
If it’s just more candy in to one off clothing stores, that won’t do it.
If Anshu doesn’t have something big coming, then this is absolutely XDSL part deaux.
Thanks Jimmy Two Bags
XDSL split to $1 and is now trading at 3 cents. Is that bad? Lol.
Anshu is awesome.
Your value will be the same the day it splits. Now what happens post split is another story. Could go up or down. But your share value won’t change from pre split to open the next day.
Uh... Ed. This CEO has been talking about a reverse split for well over a year now. Wake up buddy.
We can only hope. It’s gotta be better news than two bags per day. Lol.
If this goes to .02 pre split, then it would split to $10. That would be solid.
But it would take hella news to make that happen.
Again, I hope ur right. But I just can’t imagine Anshu has those type of bullets.
Yes sir. And I’m happy to lose that bet. Trust me. But it don’t look good.
There is no gap. Yesterday’s low was 15. Today’s high is 15.
This is gonna drop really fast.
I think this could also be an obvious tank move by Anshu to allow White Lion to get next batch in trips. Then he brings heavy news flow (real or fake... doesn’t matter) and allows WL to dump into big volume on run from .0007 to .0015. It’s a 100% gainer for the White Lion crew.
Watch for it.
I agree. But he broke shareholder confidence the minute he was late on the 10K and we knew we would go into default in several loans and get diluted to hell.
This won’t split from .0016 unless he comes out with massive news ASAP. It’s going to trips immediately. My guess is it splits from .0007 area. Two bags of gummy worms per day from 100 grocery stores won’t cut it. Jimmy Two Bags. Nice effort, but let’s be real.
Only way he saves this is with massive PR in next day or two. I don’t see that happening. It’s going to trips.
And then I think it splits to the .35 area. No way it goes to $4 organically from there without massive news.
Xdsl showed us how this guy operates. Common denominator is Anshu and Chris. It’s not a great scenario for us.
Uh... Anshu is the powers that be. I’d be interested in how “juicy” the PR was that he sold to XDSL before that split. I bet it was similar in tone.
Then it went from $1 to .03
Shareholder value completely lost. I anticipate the same here.
Jimmy Two Bags with that weak ass tweet was not well timed. Lol.
I’m gonna ride it into the ground. Already counted this as a complete loss the minute it went under .005. It’s dead to me.
Trips tomorrow is my guess.
And I think it happens within the first hour or two.
It’s typically an OTC death sentence. Maybe somehow investors will view this differently... but I don’t think so. It’s gonna be ugly. Maybe it bounces fast. But that’s not how these things normally go.
Anshu and Chris have just killed their shareholders and have zero regard for the people that have been with them for two plus years.
They are sketchy sketchy sketchy and it explains why the notable big dogs like Garnock and McGowan moved on.
I’m sure that’s standard wording... but it’s a scary thought for the wash rinse repeat OTC bullshit.
More than likely this will split from low trips. Not sure when he is planning on doing the split, but it will plummet tomorrow.
Anshu is so bad at this game it’s not even funny. Lol.
If it split now, it’s an 80 cent stock. Then he expects it to grow to $4 organically (unlikely) to Uplist.
Let’s say it did get to $4 from .8
That’s just a 500% gain which in our current state would still leave us under one penny.
It’s not the mind blowing returns most were hoping for.
And as we all know, the RS in the OTC is typically a vicious cycle whereby more dilution occurs.
Not a good look.
Yeah. Ask XDSL. Same ownership. This thing is screwed.
Anshu lied all along. Said we would RS into strength.
More like RS into silence.
Which positive “event” are you referring too? Moon Rocks? Or Nutribrands?
TJ Maxx? Lol. What’s the issue now? They change their mind again?
Very true. Product is fantastic.
Promotion of product... not so much.
I know Twitter is new and all...
Good thing the MACD was curling up late last week.
Charts irrelevant in dilution phase.
Good point. Except right now we are in 100 Meijer stores and a handful of Big 5’s.
We need to really expand this for it to make any money at all.