This Rookie finding little Goldmines, One Ticker at a Time!
Followers | 223 |
Posts | 23,770 |
Boards Moderated | 0 |
Alias Born | 12/30/2012 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
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.
Most Penny Stock CEO's just use these little stinkers for funding and personal enhancements. It's like their own personal ATM machine. As long as their is some volume, it's working for them.
Of course this doesn't pertain to Medico:)
ORLANDO, Florida,Jan. 28, 2020/PRNewswire/ --Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, announces it is close to filing its Form S-1 in an effort to become an SEC reporting Company.
It's April was the S-1 effort successful?
OTC shows annual report last year came out 5/16/2019.
Real question is, When will VATE break the Sub Penny Pandemic?
Problem is the pump didn't work. Almost 12 months since this turd was above a nickel. Scam or not performance is Astonishing bad.
You could be right. Since 2017 KGKG been trying. Here is Bobby in his own words.
http://smallcapvoice.com/blog/7-19-17-smallcapvoice-interview-with-kona-gold-solutions-inc-kgkg/
Qoute "I'm going to be patient as we weather this temporary storm."
That's great you have patience, but it should be pointed out the storm started May of 2019. That is hardly a temporary storm. More like a change in climate. Chart shows a clear downtrend since that time.
https://www.stockwatch.com/Quote/Detail?U:VATE
Well , something certainly seems to be holding up the OTCQB status. I stated before it wouldn't surprise me if it never happens. It's been in the works for years.
Right, red volume days bigger than green volume days. That is why I think some big block buster news is needed to change the trend. VATE been downtrending since May 2019.
I'm saying its been along road. OTCQB was first press released like 3 years ago. Who would of thought it would take so very long.
VATE Pandemic started May of 2019. According to this, https://www.stockwatch.com/Quote/Detail?U:VATE its not over yet. Need some block buster news, to break this long downtrend.
Apparently this OTCQB been a on going 3 year process via this Press release, way back when.
Kona Gold Solutions, Inc. Initiates Audits to Move Market Tiers to OTCQB and Close Additional Distribution with Engagement of Firm D’Arelli Pruzansky, P.A.Press Release | 04/05/2017
ROCKLEDGE, Fla., April 05, 2017 (GLOBE NEWSWIRE) -- Kona Gold Solutions, Inc. (OTC Pink:KGKG), a hemp lifestyle brand of exclusivity and status, is pleased to announce it has engaged the independent auditing firm D’Arelli Pruzansky, P.A. as its new Certified Public Accountants, effective immediately.
Upgrading to the OTCQB requires timely filings and full disclosures which provide a high level of transparency to all interested companies, institutional sized corporations and private investors, which the company believes will open the door to new financial avenues. Kona Gold has been in negotiations with large retailers and distributors that require financial transparency as a qualifying prerequisite to the application process of becoming a nationally recognized hemp-infused products manufacturer.
“This is a huge step forward for our company to not only provide full transparency to our shareholders, but to help expedite our rapid growth into a hemp-infused products manufacturer conglomerate,” said Robert Clark, CEO of Kona Gold Solutions, Inc. “It’s hard to believe how much we have accomplished in less than 2 years, and I couldn’t be happier with all we have accomplished. I have said it before: this is just the beginning; 2017 is the year for gold – Kona Gold!”
D’Arelli Pruzansky, P.A., is a full-service CPA firm, offering private and public company audit services, upscale tax compliance and consulting services, and general business and accounting consulting services. The firm is registered with the Public Company Accounting Oversight Board (Firm # 5729) and its partners are members of the American Institute of certified Public Accountants (AICPA) and the Florida Institute of Certified Public Accountants (FICPA). Presently, the firm has a diverse list of public and private company audit clients, and an expansive domestic and international tax clientele, including medium to high net worth individuals, trusts, estates, partnerships, S corporations, C corporations and consolidated groups.
The Company recently announced it has reduced its debt by forty-eight thousand ($48,000), reducing the Company’s total liabilities to $100,468. Kona Gold’s management team negotiated with two debt holders to pay off its liabilities without issuing new shares. The Company is also in negotiations to reduce its total outstanding liabilities by an additional seventy thousand dollars ($70,000). Kona Gold’s Management team felt it was imperative to implement a new growth strategy by decreasing the amount of total outstanding liabilities to increase shareholder value and position the Company for rapid growth. The Company decided to use the proceeds from the sale of Elev8 Hemp LLC to Elev8 Brands, Inc. to reduce a majority of its outstanding liabilities. The Company is set to use the additional proceeds from the sale of its subsidiary to pay legal consul to draft and submit a form S-1 as well as to complete a full audit of the company’s financial statements.
For more information regarding
Papers for getting OTCQB status submitted in January. It's almost April. Of course they first PR originally round April 2017 or 18 if I remember right. Must be some kind of time warp going on.
This is all the information you need on VATE.
https://www.stockwatch.com/Quote/Detail?U:VATE
Elev8 almost another 6% down into the sub penny Pandemic cesspool. Quick Sand folks. Medico get VATE out soon!!
What the time limits? VATE probably has 90 to 180 days to get back over a penny. I looked but didn't find the answer.
There is plenty we don't know. Exactly how many brick and mortar locations are there. What is the revenue flows looking like. O/S has been stable, is there an anticipated increase expected. What else, plenty, but one thing silence doesn't stop death spirals.
I see known scam pot tickers still over a penny. VATE revenues will be apparent in April, if they don't fail to file. Medico silence is the real problem. He should of released a shareholders letter. But, instead Investors hear crickets.
VATE listed in this article. It is old before the pandemic panic, but just showed up on my trading platform.
https://m.benzinga.com/article/15384634
VATE is very consistent. Every month , for several months now, it's been locked into a downtrend. Now if it continues, kiss good bye to OTCQB. VATE will just be another stinky pinky.
Huge VATE ASK .009. I see the Sub Penny Pandemic will be here for awhile.
Day 3 VATE Sub-Penny Pandemic.
Hard to tell where rock bottom will be. Penny players will pump this hard on any good news. So ya have to watch it like an eagle.
VATE not even worth a penny. Sub penny can be like quick sand. VATE will lose QB listing , if it swims down here to long.
.0066 right now on VATE. Something is stinking here.
VATE starting to get the Sub Penny Spread. No point in trading this right now. Just put this one in a sleeper hold.
Well if the O/S stays steady, like it has been recently, unless this is a total scam, I believe VATE will be above a penny again in 2020 or early 2021.
Ouch, that would really blow . Wowzer.
Yeah it now appears to be following the sister company sub penny dip. I think that bottom was .0052.
My guess .007 doable here, but it wouldn't surprise me, if intra day trading hits .0052 at some point.
Let's hope , right now VATE isn't worth a penny a share.
Well Penny Masters that goes for all these little OTC tickets. Good luck to everyone, I think VATE will see .05 again without a Reverse. When who knows.
Just for general knowledge. The sister company did one last intra day dip to .0092 before its huge run. Kona then progressed to around. 15 if I remember right.
Anything can happen in penny land.
Well you would think, today Friday the 13th will be the day. I still think VATE won't at least close sub penny, we shall see.
I do not believe VATE will go sub penny. We shall see.
Share count was probably ran up on that one. I don't see Medico giving up the potential ATM machine here.
Next month the Annual and Quarterly comes out. VATE results will be evident. Sub penny or multi penny run could follow.
Could it be a combination of the discounted shares handed out and the plummeting big board stocks. Hard to tell with these little stinkers.
Seems to me if VATE has 15 distributors, in 20 States, Medico nor anyone else is freezing in place waiting for the Government to get their act together.
https://www.loopnet.com/Listing/18373354/746-North-Drive-Suite-A-Melbourne-FL/
This is Appears to be KGKG current location.
What up with your address?