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It’s not funny though because he really could use the advice. His investor relations communication is abysmal.
Jim apparently doesn’t know how to time news releases with share price action, or just chooses to neglect it. But I am thinking he was hoping the share price would get higher than 005 because he saw how his other stock was gaining serious traction upon a simple tweet. However, that stock had some large Twitter accounts pumping it and a much better share structure. So I’m thinking he was hoping VXIT would be higher AND THEN he would release the 8k. If the 8k comes after hours, I’m not sure the logic behind letting VXIT trade for one day before the weekend. Oh well.
An 8k after hours on a Thursday? Jim really knows how to take advantage of a full week doesn’t he?
You must be new around here. Go check out the tweets from June and July about updates that were coming..we are still waiting for them and tomorrow is December 1st lol
This. I said the other day Thursday is likely the last day for VXIT to hold up if no update. I mean, it can’t even sustain 005+ with big news expected and isn’t getting noteworthy volume. People are very reluctant to park money here, or even trade it. It NEEDS big, substantial news. The tweet did say “targeting” this week but I honestly don’t care. Don’t put the tweet out if you aren’t sure. No more excuses at this point. Tomorrow morning or after hours at the absolutely latest is do or die time.
It’s crunch time for Saint Jim.
Very nice..yes I had this conversation with you. I think she is consolidating and then yet another leg should be coming. Seems to be the pattern. I have a feeling we are going much higher in time.
Is after hours a good time to release an 8k? I would argue against it. It gives way too much time for individuals to plan their flip tactics. Plus MMs. The strongest moves I’ve seen are usually from premarket releases. It creates much more sudden hype and FOMO.
No 8k. Maybe during market or after hours? If not, other explanation is VirExit failed to live up to their own timelines.
A stock supposedly about to receive huge news didn’t get any volume at the end of the day? hmm.
I remember you saying if it breaks .10-.12 there’s not really any resistance after that. So you thinking much higher now?
They really should release an update by tomorrow morning. The timing would be awesome. This thing would likely absolutely rip over .20. C’mon!
The tweet said “targeting” an 8k. Don’t be surprised if Jim fails to follow through once again. Do you guys already forget the tweet from the 2021 run where Jim said he was in Houston and an 8k would be out soon? Tomorrow/possibly Thursday is probably the last day for this thing to hold up without a pullback if we don’t get the update. By the way, I’m not saying we won’t get the 8k. It just won’t be a shock to me if we don’t lol.
I’m thinking people don’t trust this ticker and need to see the news first, especially since we’ve been told in the past that material events were about to happen and didn’t. The tweet also said “targeting” this week so it’s not absolute. Moving up .00065 today just doesn’t impress.
This isn’t really trading like a stock about to get explosive news. Price action is meh.
Woahhh baby! I think we are getting the $ volume from that other stock that ran big :)
Good morning. Hope everyone had a nice Thanksgiving. Hopefully VirExit follows through with the tweet that was put out. I don’t get too excited ahead of time due to past tweets not being followed through with. We will also learn what the words “major” and “extremely positive” mean for VXIT.
Sooo you know that other OTC stock everyone is in right now that just hit .66 from .07 range? it happened very quickly, it was at .07 earlier this month..man wouldn’t that be nice for us.
Wow, still no news. Shame on Jim and any of you continually saying news is coming. See you all next Monday. Happy Thanksgiving!
Yes I saw the bid of over 400k. This should start to move back up over the next few weeks just from the chart alone. Then if big news hits again it’s blast off time probably .12-.14.
We are way undervalued. It’s gonna go eventually. Probably need a PR to get things going again. Or if the company showed updates of the dam project like they said they would, unless it still didn’t start yet.
If there’s no news tomorrow, it wouldn’t make sense to put anything out the rest of the week. But who knows with Jimbo at the helm.
Okay financials filed! and they are AUDITED! good :) hopefully next PR is a doozy.
Why are you asking someone else? you said “updates before Thanksgiving” last week.
Yeah you can’t make it up. They didn’t even realize Thursday is Thanksgiving. Apparently JK doesn’t realize it either. He had ALL THIS TIME to release updates and there’s rumors of him doing it during a holiday week.
Wow still no filing..awful..they extend their time and still can’t get it in on time.
You are mistaken. I never asked if trading was halted, wrong person there. And I didn’t know asking questions and inquiring about situations is solely derived from fear. Good thing there are other people here who can just answer a simple question. Thank you to that poster who answered my question!
Very good post. Nice perspective. I think the last paragraph is key. I would assume the big avenues of revenue have to be set up first and the substantial sales need to be shown. We see the potential like with MaxClean. The question is, will the substantial sales of these deals ever take place? That is certainly not a definite and what remains in question. We would all love a share price return to .12 though. How glorious that would be. Anything more than that would be a VirExit miracle.
So if the financials don’t drop today, what happens? downgrade to Pink Limited? Since it said by November 20. Or if they just release them tomorrow sometime one day late would it not make a difference?
If we get news with meat on the bone, I will be proud of Jim/VirExit. But the way he puts information and expectations out there with no follow through will always annoy and frustrate me. Anyway, please do not put out news on Wednesday, Jim. Tuesday at the latest. But we have heard updates coming every week for an eternity now so I won’t get my hopes up.
Sharing news articles hasn’t done anything for the share price and that will continue to be the case. The company needs to come through.
One of the best posts I’ve seen on here. Great advice and this would be the correct way to handle this stock.
So his plan is to release updates during Thanksgiving week with no trading Thursday and a half day Friday?
Really? load more shares? what CONFIRMATION have we seen that should indicate more of our money be invested here? Not SPECULATION, CONFIRMATION. And you just said updates 2 weeks in a row now.
Yep. The big news is always “coming” but never shows up. Share price is going to get very ugly through December if no updates. But don’t worry just “buy more” as you never actually see a significant return on your investment. Pretty much sums this whole VXIT experience up.
Ah, another week gone by with no updates. What else should we expect by now? This really might be first quarter of 2023 before we hear anything. And who knows what that “anything” will even be.
You said projection news and LOI this week..it must be coming tomorrow?
Fair point. I am also skeptical of the incoming financials. Not necessarily anything to go off of just a gut feeling. Hope I’m wrong.
From 8/22 PR:
“The Company anticipates sales throughout North America within the next 90 days with an aggressive marketing plan and with national distribution and sales partners.”
I HIGHLY doubt this came to fruition in any significant way. In fact, it will probably be another item added to the list of things we won’t hear about. Along with the new website, Israel LOI, and other acquisitions.
Why do you have to do this? it doesn’t help the situation at all.