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I got some too. Since float increased 10 million and BMAK sold roughly 1 million today, I would say we are very close to being done with dilution. I still think next Friday, being very conservative. Could be finished early next week.
Looks like BMAK had about 1,018,000 to dump at $0.003.
Here is an e-mail from the company they sent me this morning.
To 'John'
CC sf20@cigarexpress.com
Good Morning John,
I checked with our Buyer this morning and Red Sun is actually on order.
When we receive it in, we will be sure to let the Wilkins Twp. location know that it is available.
Thanks for your business, we appreciate it!
Lisa
Klafter's inc.
Shipping/Rec.
I got a call back from Smoker Friendly this morning. Their corporate office will be ordering Red Sun for me. They will let me know when they come in.
I would conservatively guesstimate next Friday, but this board's consensus is earlier than the 15th.
Let's hope someone steps up soon to fund it.
I stopped into my local Smoker Friendly store asking them to carry Red Sun. They are faxing the flyer I gave them to their corporate office for consideration and I followed up by e-mailing the corporate office. The store is not a SF corporate store, but owned by a franchisee who owns several SF stores. I hope to hear something soon.
I'm trying to free up cash to purchase more. Dilution should be over very soon. Those who short this stock should tread lightly. I won't be selling my shares anytime soon for you to cover your margin call.
I hope he didn't reply because he's busy buying a profitable recycling center.
LOL. Touché
Asif admitted he didn't know how it worked, so it's a lesson learned. Now that he has a $5 million SBA loan, we should be in a much better position with him paying off higher interest loans. Would be nice if he would announce a share buyback with the money he'll save on the interest.
Would someone on this board e-mail Asif asking if he knows how much conversion is left? Would he be permitted to give us that information without a press release? With a stock price that went from around $0.20 down to $0.002 because of a doubling in the float is just crazy! I would like to know the total amount of debt left on the books. I can't wait until the quarterly report is released.
If OS is unchanged, then whose shares have VFIN and BMAK been selling? Could dilution be over or was someone on vacation last week and resume final dilution this week?
If there is only 5 million left, I would conservatively guess it'll be done in 2 weeks. Hopefully those on this board will dig a little deeper into their pockets and pick up more shares.
Great! Thank you.
I'd try hitting him again, but I only have $0.11 available in my account. :(
If you're looking to pick up a few million in the 2's, I'd suggest placing an order before the market opens. BMAK and VFIN will see it and since they still have a few million to dump, they just might hit your bid. That way they know exactly what they'll get for their shares. Of course this is just my opinion and they may decide not to dump on your bid.
I think revenues will still be minimal since they began shipping the SF brand and Red Sun during the quarter. I see a net loss or a negligible profit if anything. The second quarter should speak volumes as we'll have a full quarter of SF, Red Sun and roughly 10 weeks of Magic being sold. That's when we'll see profits. IMHO
I don't see the announcement where earning will be released on Monday. Would you please provide a link for me or where you heard this? I thought it would be released in mid May, but that's just a guess. Thank you.
Based on today's volume, it appears a good bit was from dilution.
I see we knocked BMAK out of $0.003. He's now sitting at $0.0046, but VFIN is now on the ask at $0.0033. I hope someone knocks him out.
I agree. I just slapped him for 18,400 shares, which brings my available cash to $0.11. lol
I told a friend over the weekend about XXII. He saw the interview and liked what he saw. Bought in this morning at $1.11.
Someone put up an ask of 4.5 million shares. If I had extra $, I'd slap that.
BMAK is back for his morning dump. Showing 10,000, which means he has at least 500,000 to drop.
I go to lunch and the stock hits $0.005. Maybe I should get some dessert.
Not enough time given to Henry. Wish Stewart would have asked about Red Sun.
Support has been very good. I would love to know how many more shares they have to sell. Shares increased 11.5 million last week. Wonder how many shares traded yesterday was theirs out of 4 million traded. How many traded today belong to them? Would love to see a share buyback begin within the next 2 years and get the outstanding shares amount under 100 million.
BMAK has been showing 10,000 shares and was slapped 4 times in the last 5 minutes for a total of 400,500 and their ask size never budged. Finally someone hit them for 144,400 shares and he's gone. Up to $0.0035 now. Like previous posters have stated, anything below $0.005 is a bargain. Can't wait for more news!!!
Get your order in early to take advantage of it. Wonder how many shares they sold today.
You're not alone. I bought a chunk at $0.0065. But hey, I'm averaging my cost down. Looking forward to the pending news.
Some lucky people are loading up at rock bottom prices. Once dilution is finished and quarterly earnings are released, we should see a nice move upward.
Says the guy who looks to make a killing. lol To be honest, I never expected the order to be filled and I didn't want to place an order for 680,000 shares at $0.005. I like my stock holdings like my women, round. 1,000,000 is a nice, fat, round number.
I've informed a friend of this stock and he's going to perform his own DD to see if it's right for him. I hope he invests in GNPT because I don't want him to miss out on this great opportunity.
I don't think it's more and more sellers, it's more like one seller divesting the shares they received from the toxic financing. I don't know that as a fact, just my opinion.
Don't forget what Asif said in a recent press release:
"In regards to new ventures, we are very fortunate to have some international partners that are increasing their participation with us and domestic opportunities, as well as developing new verticals from our core business. We not only anticipate, but are very much looking forward to releasing information regarding these partnerships in the near future."
That comment alone should be a catalyst for investors to add this company to their portfolio.
Thank you very much! Let's hope that established a floor and it goes up from here.
A BIG dump just took place. BUY!!!
I can't believe I'm buying at these levels. What a bargain!!!
I agree. Let's hope this is behind us and the share price begins to appreciate. It'll be ugly if he dumps just 10% in one day.
OS increased 12 million and we picked up one more shareholder. How much longer will this dilution continue?
Yes, Asif stated in the interview the $5 million SBA refinance load was approved.