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Might need to check the chart as the stock provided several opportunities to average down and improve your situation.
If you really dropped 240K on a penny stock when it was at its high, you likley don't have any reason to worry about being down on that position...
Confidence from believing in what you sell. Makes all the difference in the world.
Best of luck in closing those deals.
I forget the price differential on HighDrate compared to other products and not enough recognition or people looking for it yet.
The other thing being the perception of CBD in a C-store and if they're ready for it.
2019 will be an educational year on that front, with 2020 likely being a different story.
Great feedback on the process and how it is being received. If you care to share, how readily is CBD recevied at the convenience/gas station type stores? Seems if that hurdle to entry can be cleared, the sky is the limit.
especially after having high ranking politicos pushing for legalization...
You had to say that about sub 10s didn't you :)
BTW - how far does your distributorship go out from MKE? Sorry if you posted this aleady. Must be fun times for you right now...
Why do you think they put in a new bottling line? I think you might be surprised how much they are making on bottles now. But alas, we can whine about not having current financials...
Printing money in 2019 - wait for it.
There is no reason to profit on shipping costs and they need to figure that out, or get some more regional distributor options in play. Shipping is a pass through and it can't cost them $60 to package and ship...
That's a barrier that Shibley needs to get rid of.
He's not obligated to comment on 2018 revs until 3/31 - no reason to announce anything ahead of that unless it plays into his favor. We'll see how the string of news plays out.
Need some distributor info soon as well so folks can take the shipping costs out. The other alternative is to get it on some of the bigger sites that offer free shipping. Baby steps I suppose and we'll see how soon you get the product.
BTW - I sent a note to PURA asking for approximate backorder fulfillment and I'll post if I get an answer.
How much did they charge for shipping?
EverX available for backorder and would be interesting to see how long the backorder is...
Less than 8 weeks now until yearly numbers and an official report is due. The countdown to something real is on.
Probably better to have a few stocks make you rich as opposed to one, but to each his own on investing style. I'll take a $500k increase to my portfolio gladly at any time. two to three pennies per share would put smiles on a lot of ALKM holders faces...
Nice to see some positive share price movement over the last couple of days and will be interesting to see what's driving it.
People making ten times their money, more accurately 4-5 times even if you bought at the ALKM high, would consider that a good return. Entitlement to one's investment making money is the issue and there are no guarantees in the market.
Money is certainly one way to determine richness in one's life, but certainly many others with more meaning.
Best of luck to all invested...
??
The press release indicated they were working with other companies to develop/formulate products that will be marketed by those companies and manufactured/co-packed by ALKM - why would ALKM need a marketing firm for that?
No worries. The response was a reply to me rather than the other poster mentioned, so I responded. I think the formal PR was helpful and that we will see significant progress on multiple fronts in 2019.
Financials will be completed when they are done (no need to guess when) and having a controller on the payroll is a very positive step toward insuring that happens. All the gray sheet and suspension talk is a very weak attempt to cast doubt on what the company is doing. ALKM is making progress and deliberately not putting out PR and info that would be seen as stock promotion. The SEC has been getting updated financial reports consistently since July as ALKM moves to become current. If there are no updated financials within a given quarter, then the SEC might question their progress/intent. Until then, there are many other tickers that are far greater offenders that will keep the SEC busy.
What facts are you looking for? I think what is laid out in the PR is pretty straightforward and indicates their direction for 2019. Their intent to get current will be reinforced with updated quareterly reporting (likely shareholder updates similar to today) and continued updates of past financials as they are completed. If the pace isn't satisfactory for anyone invested, then one needs to look in the mirror and ask why any money was invested in the first place.
GLTA invested
Perhaps you might entertain writing PR's for the company then, or maybe all of the OTC companies you post about.
Thanks!
Especially during two short weeks on the biggest holiday and vacation time of the year. Be ready for the next two weeks...
Where in the Chicago area, which products and what stores?
There is no fluff in the PR and he clearly indicated why they have been silent for the past several months working to get the finanicals in order. There will be no suspension and the addition of a finanical person to their staff speaks very clearly to their intent to getting the financials completed.
We will always want more info and I think we'll start to see more beginning next week as this week is pretty much dead with the holiday yesterday and folks finally getting back into it. Product launches will begin for many companies this month and that will bode well for ALKM indirectly as those brands get attention.
I think we will see something major announced in the first quarter and that is my own speculation. 2019 will be a good year for the company and investor patience will be rewarded.
I'm sure we all will be happy with a penny or two... I think we have a very real shot at 2-3 cents once the financials are current. We'll see what other kind of news comes out in Q1 to move things ahead of that.
End of 2019? One would have to question why you stay invested...
When they open... If another quarter is too long to wait, it might be best to evaluate selling a position in ALKM.
Barring any major world events next week, things won't get exciting until the first full week of the year and everyone is back at it. I expect there will be plenty of announcements made in January with a chance to prove some things with an annual report and numbers by end of Q1. Time to become a real business and execute.
Happy 2019 to all!
I'll give you an opinion
Sounds like they have contracts being reviewed for a third of the assets they were originally consdiering to acquire - give or take $20M. Until more is shared, I don't theink there is much else to draw from that, other than they have the makings of a deal in place that is under review for signature.
wrong...
That's what they've been working toward. Only problem is the existing shreholders have been pretty much gutted now and the new company - which we really have no idea of what thy're about - will take over. Unless you have 25M plus shares, the likelihood of getting anything meaningful is pretty much nonexistent now.
You have to remember there is about a week left in the year from a financial standpoint, so don't expect much in the way of filings coming out before Jan 1. If we are lucky, we may get the 2016 Annual report.
That being said, I'm of the opinion that the share price may stay in the low to mid 0.001s range until after the New Year. Pending how successful the EverX reformualtion launch is, KGKG HighDate sales and the filling of the GNBT pipeline will determine how high the share price rises in January with an additional filing or two.
Despite PURA's hype machine, their ability to market EverX and gain the attention of a larger player shouldn't be underestimated. Until we get confirmation of sales or another deal that is 8K'd, the stock likely won't pop. We all know confirmation of the financials is key and that will happen when it happens.
I think something between a penny and a nickel is possible by June when all of the above mentioned items come together. All of this is trumped by some major announcement, or failing to get any more finanicials out before end of Q1 2019.
JMO and GLTA
sure you did...
Wow - thx for nothing on this one...
Maybe you could send over some of that wonderful lip goop in lieu of the lipstick, with a pack of that CBD gum. I'm sure KB would appreciate both.
Wouldn't complain about that, and we'll see how it shakes out.
Depending on the news coupled with the farm bill, there is always the possibility of pushing over $0.20 this time around.
Signed bill is key.
Given the trading dead week between Christmas and New Year's, how much news from companies involved in hemp do you think will be released prior to the 24th? The real challenge was/is getting the bill signed and in effect and it would seem that the most leverage could be gained by releasing all plans after Jan 1 (1/7) on the first full week after the holidays.
Should be an entertaining next week regardless.
So PURA had access to it prior to them spinning out NCBM, which would explain the use in EverX prior to Kali having it. So which company really has something that is differntiable now and why did PURA sell the patent? Seems ALKM has the water technology, but extraction is now Kali's to run?
So PURA was using the patent before the deal with Kali, or did they just buy CBD from Kali before the agreement that was PR'd a couple of months ago? EverX has obviously been made for a while that predates the recently Either way, it would seem PO's for EverX should come from PURA and this order came from Kali, which in my mind means it is for the Generex activity.
I don't remember the amount of detail that was in the PR about who owned what and how things worked prior to the agreement, so my apologies for that.