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LOL…yeah right.
HMBL Believer: “Surely it can’t go down much further…??”
Foote: “Hold my beer”
Which meant absolutely nothing.
“Boy that EMA judgement was a long time in the works, will it help now?“
No. VYST May gets its legal fees covered, but that is it.
413,097,639 shares as of November 6, 2023.
That is 92,946,968,775 shares on a pre-split basis.
They aren’t even trying to hide it….lol.
“I don’t feel wiped out lol”
Denial is a very strong emotion.
I think they are going to have to go higher than that. The dilution that is coming could easily push the stock down another 90% post split within the next year.
If that happens they get delisted.
I think it will be closer to 1:60.
Dilution continues. After Hours VWAP trades totaling 6.6 million shares…so far.
Exactly as I predicted.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173309744
They had not filed when I posted that…but I knew it was coming and posted as such.
“No; it’s not interfering with jack shit“
That’s kinda what I said …lol.
They aren’t letting facts get in the way of their bogus claims about the product.
Maybe they got confused as sugars can be fermented into ethanol…but it doesn’t go the other way.
But hey, why let details interfere with the hype.
Their claim is no scientific basis whatsoever.
But hey…what does that matter?
“There's more demand at .0002 than there is supply at that level“
Then it would be $0.0003.
…or it has simply become illiquid.
At no point is ethanol metabolized by the human body into any form of sugar.
https://www.niaaa.nih.gov/publications/alcohol-metabolism#:~:text=First%2C%20ADH%20metabolizes%20alcohol%20to,toxic%20substance%20and%20known%20carcinogen.&text=Then%2C%20acetaldehyde%20is%20further%20metabolized,carbon%20dioxide%20for%20easy%20elimination.
More pumping bullshit.
So the Oakmont Stratton claim is opinion?
lol.
Looks like fact to me based on some actual research done by some on this board.
But keep your head in the sand if you like.
And yet…nobody seems to be able to refute any of the claims as untrue.
In fact, some have been able to verify that some of them are indeed accurate.
Oh lookie…more dilution today.
Many AH VWAP trades.
They aren’t even trying to hide it..
It is no different than someone buying a stock and then giving the reasons why they bought it.
Again I will ask…what in the “report” is untrue?
So what is untrue in that “report”?
I remember they would go into drug stores, put a display on a shelf, take a picture and then take the display and leave.
The pictures would inevitably show up on some stock forum or iHub as “proof” that the product was “on the shelves”.
And the stock I was thinking about was Hangover Joe’s. fka HJOE until it was revoked.
Very similar claims…although the BAC reduction is new territory I think.
Actually the dead giveaway are the VWAP trades hitting the tape right after close. Those are the cover transactions from the client’s block against short sales by their broker throughout the day.
Retail doesn’t use block trading. But someone with a large new dilutive issuance from the company would.
I can see it now…driver gets pulled over and blows 0.12…
and then says that’s impossible because they drank a safety shot!!!
I am trying to remember the other scam drink that was for hangovers….
And don’t forget the kiddie water…that one was always kind creepy.
What is it with beverages and stock scams.
They now have a “limit”. While they do actually suggest/encourage a company to use a reverse split to maintain compliance they do have rules against “excessive” reverse splits.
If a company falls below the $1 and has done more that 1:250 in one or more reverse splits within the previous 24 months they are not eligible for a grace period and go straight to delisting.
But yes, Nasdaq bends over backwards to allow a ticker to stay.
From the time things start to go sideways it can be 2-3 years before they eventually get kicked off.
“Dilution has stopped.“
No it hasn’t…by a long shot.
It was evident even today.
Michery will need to continue to sell equity to fund his operations for at least the next year, probably closer to 2 years….assuming everything goes right.
They no longer have 180 days. They dropped below 10 cents for 10 consecutive days. They will have received a delisting notice from Nasdaq which they need to disclose within 4 days.
They will then have 7 days to file a request for a hearing (appeal). If they do so the suspension/delisting will be stayed until the hearing is held.
They will most likely be given time to complete the RS…but the 180 days they originally got is no longer in effect.
Still diluting I see…quite a bit today.
But the “short investigation” isn’t really Basile’s thing. He is more into suing toxic financiers when the relationship goes sideways with the diluting CEO. He usually claims tue financiers are acting as unregistered brokers, breaking usury laws, etc.
I wonder why they went with Basile and not Wes Christian?
lol.
“Mark needs to sell the company,he is too sick(in the head) to run anything!!”
So it only took you a dozen years to figure that out?
lol.
They should have received delisting notification from Nasdaq by now and will have 4 days to disclose it.
They will no doubt appeal given the impending RS.
“They responded very quickly with a lawsuit against those bad mouthing our company.“
What lawsuit? No lawsuit was filed.
This is just another CEO using the “short investigation” narrative to pump the stock.
The fact that anyone is surprised by Mark’s actions is what surprises me.
This is how he has always operated.
For those of us who see him for what he is, it doesn’t surprise at all.
Yes the truth is a difficult thing to accept.
But whatever helps you to cope is fine by me.
What a sad Q.
“She”?
LOL….
Imma dude.
If they go below $0.10 for ten consecutive trading days they go direct to delisting notice under the “low price” criteria regardless of any previously allowed compliance period.
https://www.sec.gov/files/rules/sro/nasdaq/2020/34-88716.pdf
When is the reverse split?
If they close below $0.10 for two more days they are going to get an uncomfortable letter from Nasdaq…