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Welcome, Jeff! I was off line all eve or would’ve welcomed you sooner. VATE is in a great position as the only publicly traded company to offer Ready to Drink cold brew CBD infused coffee and tea. Shipping announced to begin today. IMO, very undervalued. CEO has been true to his word from day one, and will only produce top quality product, has made moves to vertically integrate the company, and listed on the OTCQX. Good timing, I think this will pull a Jefferson shortly, and move on up. Glad you’re here.
Jeff, Welcome to the VATE train.
I would say yes, the tweets need to be accurate; however, tweets only mention "billable" amounts, and don't further break down those numbers the way financials would.
Thanks Davinder. I wouldn't hold firmly to June. Mark states that the auditors completed their background work in "May 2018," but doesn't give a specific day in May. They could have taken the entire Month of May-we don't know. So it would be prudent to start the clock June 1st, 2018. With 5 10Ks to audit, and taking 12 weeks to accomplish each, gives us a total of 60 weeks from the beginning of June 2018. That would place the 60 week timeline at the end of July. And guess what's due around August 15th? 10Q for 2nd quarter. I could see them being "on-time" and producing fins mid August.
The discrepancies we can have with uncertain timelines makes it very difficult to calculate a hard and fast due date for fins. That's why I'm not following any more "educated guesses" on fins. They'll come out when they come out. Thanks for attempting to nail this down, but it's still pretty ambiguous.
When did you start calculating your timeline, May 2018?
I don't think it will be a surprise-he said by May 16th, and should include Q1.
Great news! Thanks for promoting it to them. Now if we can somehow get a reprieve on the large block selling....
If you want to get the testing done, why do you need all the clinic names? Tell Arrayit you want testing done and where you live, and you may have better luck getting the name of the closest clinic. I'm with other posters on this board who don't favor releasing the clinic names. Penny stock traders will drive these people nuts making calls to verify. What a nightmare that would be.
Thanks 31twu. I hope Ryan PRs this Monday or Tuesday to get the word out. VATE train a comin!
Thx IamT! Great news. Looks like they decided to just ship the coffee first before the tea. Smart IMO.
Good to hear--the only issue I have here is Mark's unprofessionalism in communicating improper info to shareholders. Once they can get past those debacles, and fins drop, I think it's off to the races. Always have felt the same, just don't rely on what Mark says. It'll happen IMO when it happens despite what he's done or said. ARYC could be a monster in the making.
You must have bought all you want since you turned from trashing ARYC to promoting. How long before the next reversal?
Yeah, it concerns me that you say that without proof, and especially since only a fraction of that amount was traded in total last week. Please get your facts straight.
Just like I said, this will be a home run for RM and VATE.
The selling probably has nothing to do with financials. And the revenues should increase significantly in the first quarter, but especially going forward with industry changing CBD infused tea and coffee. RM is hitting it out of the park. Great company-and great companies take time to build.
Thanks for your quality input to the board. You're much appreciated for all the great input on the future of VATE.
Thanks for your positive outlook on Arrayit, Jeff.
I could get into viral !
Great news...again. But SP not going anywhere til the brutal selling stops. Hopefully next week is better.
Yes they are beginning to roll. Now it would be fantastic to have a PR tomorrow announcing sell out of all preorders for tea and coffee, and initial shipment of all.
Like I said. We'll see soon enough. What Luna says doesn't change my view, or approach to VATE. Just very intriguing.
Thanks, Luna. Sounds like you work for a large firm who are watching VATE closely, and the Board will be tasting to see if this company could be a possible acquisition??? Anything is possible, but we'll wait and see.
Lizzy, I'll be ready.
Thanks, Jeff. Great advice. I do have the timeline for my own out. On the last run up I sold 60% between .14 and .19. Have since bought some back. I'll have a similar plan, but will always keep a core for any big explosions upward, which I think will still come. But when???
Thanks for all your efforts. I won't be holding my breath for any estimated date in the future. It'll happen when it happens obviously, but who knows when.
If you assume 3 months (the longest possible period) to complete each annual report, that's five 10Ks @ 3 months each = 15 months, which would be September. That also doesn't count time to do the 10Qs.
Sorry you feel that way, but you know, you're free to move on to something you like more. Thanks for all you input to the board in the past.
No scam here, only gold standard product to lead their sector when launch officially happens shortly. VATE plans to be the BEST.
I figured that. Some need to read it, or read it again and understand there's a plan here, and it isn't about rushing a good product to market to be first. It's about doing whatever it takes to make sure it's a great product, the gold standard in this industry. In the long haul, that is what will benefit everyone the most.
Thanks, but I've read it and am satisfied with RM's approach.
It's excruciating, but when it stops....
Did you read the recent SNL? The delay was explained in it. This is a start up, with lots of hazards to navigate. Give RM a break.
I love all the peeps that prey on fear. Believe them if you wish, but I'm hanging in there and holding my shares. RM will deliver, not as people may have wanted, but soon he'll deliver, and I'll be in a sweet spot holding long. IMO VATE will be a leader in the RTD cold brew CBD infused tea and coffee sector. I plan to capitalize on it.
Thanks to you and P3. Excellent!
Really, with 1.6M on the ask?
Thanks for posting directmoney. Current capacity is consistent with what Mark has said before, appx $20M/day (before 2.5X expansion coming soon).
How long does it take to build that much inventory?
Approximately 1.5 days at full capacity.
Ready for it!
I'm thinking that RM, as the master of vertical integration, is merging with a distributor, to bring all that in-house. Just a guess.
I can't see PPS not going up quite a few pennies after the news.
VATE is a great company. READY TO EXPLODE UPWARD!!
Thanks a lot for sharing, Delsurfer. Seems some folks want a piece of the pie, even if dinner is over for them and the table cleared.