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Never said NHL deal was negative. And have stated many times that BLF products is only on Big 5 shelves.
Read much?
Negative or realistic... sorry that reality is such a downer for you.
I call it right down the middle. Just because I’m correct doesn’t mean I’m negative.
Stock price is down over 90% and is trading near 52 week lows. That’s my fault? Lol.
NT coming early this week. Followed by a hard dip in share price.
Then Anshu delivers overly optimistic alleged news and we go from .0015 area back up to .002.
White Lion will capitalize on the big 30% plus move.
How bout we just get the “old candy” on the shelves that have been PR’d repeatedly and quit making new products. What good is NHL candy gonna do if we aren’t in stores?
Weiss?
Meijer?
Rally House?
Topicz (served hundreds of convenience stores)
TJ Maxx?
Marshall’s?
Home Goods?
Until it’s on shelves... it’s not...
Exactly. I would be shocked if this ever saw half a penny again without an RS.
You are correct. The dilution is too heavy for this to make any type of sustained run. This thing is so bloated that it can’t get past .0032 on over 1 billion shares traded in a single day. That’s insane. There was a time when a 100 million share day would send this thing flying. Now we get 400 million plus regularly and can’t move. The OS has more than doubled in recent months.
Looking more and more like Minerco by the day. Only thing left is the RS.
Heck no... you know there will be other bull shit expenses that will pop up. No chance of profit this Q. We would have needed $12 to $14 million to spin a profit. It will be roughly half that and we will lose another $4 or $5 million on the Q.
Agreed. Very typical of Anshu to PR something that doesn’t come to fruition.
You want the long list?
Revenues were nowhere near triple digits last Q. So let’s talk facts.
Let me know when candy gets to shelves.
Lol. Yes I have. Twitter will be all over it if it appears on shelves.
I’m sure Anshu will tell us something about TJ Maxx needing to “clear inventory” before accepting baseball gummies.
OS should be above 5 billion by late next week. That’s quite an accomplishment. I expect there to be another small dip when the put out the NT at some point. For some reason, people expect this Q to get filed without the extension. So that will disappoint some.
Then, hopefully, Anshu gives us more news that will sound good up front but may or may not ever occur... but it should be enough to get this up from .0015 area back above .002 for a few days. I expect white lion to capitalize on that quick bump so expect volume to increase after the next S1.
Marshall’s sightings this weekend???
Didn’t think so.
Meijer Gorcery sightings this weekend???
Didn’t think so.
TJ Maxx sightings this weekend???
Didn’t think so.
That’s where we differ. We have heard the TJ Maxx narrative twice now. It’s still not on shelves. What is the damn issue here?
They can’t possibly be making it up. So what’s the issue?
Let’s just hope they have some nice news and updates during the Cc. Whenever that may be.
I’m still waiting to see the candy at TJ Maxx. Until it’s on shelves... it’s not.
Just updated. It’s 4.7 billion. You win...
What an embarrassment. OS has literally doubled in a matter of months. Complete dilution death spiral.
And they are pumping news with it to create runs to help their lender buddies get out with nice gains.
Been saying that for 10 months.
More T Trades today? It’s gotta stop eventually.
What’s the over under on the new OS?
I’m setting the line at 4.85 Billion.
And I’m taking the over.
Almost 40 million in T Trades today. Next update on the OS may very well push us over 5 billion shares.
What a joke.
TD app has real time level 2 for free
Look for another T Trade today. More dilution during trading hours for sure.
Creeping up... look at a 6 month chart and then talk to me about “creeping up”. It’s been a dilution disaster. Period. No denying that.
Can they overcome it? Only when the dilution stops.
More big time T Trades. Somebody make it stop... good grief. This OS will be over 5 billion very soon at this rate.
Correction... it’s a T Trade. Likely indicative of more dilution. OS is growing by the day. When will it end?
True. But the Pach Labs is only going to two states initially if I’m not mistaken. Texas and Florida. I would think they would tweet pics or shareholders would have found it.
As for BLF, that should be much easier to find if it’s truly going nationwide.
Maybe Eliot’s can teach the other divisions how to run a twitter page for a product. They are very active and do a great job promoting their products. It’s a welcome change.
Go back and read all the PR’s from earlier in the year...
Meijer Groceries
Topicz Distribution in the Midwest. Services almost 1000 gas stations and convenience stores.
The BLF products are on select Big 5 shelves out west.
We haven’t seen any evidence of Rally House. And it was supposed to have gone to Weis Markets as well as Topicz Distro who services gas stations and convenience stores. Those never happened either.
So new we have “new deals” with Meijer Grocery and maybe TJ Maxx is back on board? Sounds good... but we’ve heard it all before. I’ll believe it when I see it.
Walmart.com is useless. Product is almost twice as expensive there as on the BLF site. Can’t imagine people buying from there. I order regularly from the BLF site and delivery is quick.
Pach Labs is not on shelves yet either. Maybe some of the older original packaging, but not the new Verus stuff. Someone would have tweeted it posted pics by now if it was.
So the point is... we are halfway through Q4 and the products have not even gone to market yet. So we can’t expect revs from BLF or Pach Labs.
The nut butter is on shelves. And it’s on quite a variety of stores and restaurants nation wide. They project $400k in revs on the year so maybe we get $100k for Q4 there.
As for the gowns... I will be surprised if that ever shows up on a Q. Ask Ian and Anders about that debacle.
So the point was that Q1 would be the first possibility to show a profit and that’s if some of these store placements come to fruition. Time will tell.
GCC took a big step back in Q2 with the pandemic. I’d suspect that Q3 won’t look too much different. Maybe $5.5 to $6 million... and there won’t be much else to add to that so possibly a $6 million Q total for Q3. Anything above that would be gravy.
I had never heard of it before the acquisition. But I can attest that the product is really good.
Now it’s up to them to sell it.
Could give a rats ass about your “group”. Whatever that entails.
As for national chains, it’s been well documented that many stores that Anshu claimed to have deals with never closed.
As for the fan page I created, that was to show Jim and Anshu how easy it is to attract attention. Took me two weeks to get some people with mass followings asking about the products and we sent a bunch of samples. Jim was very thankful for the assistance.
But that doesn’t change the fact that these guys sat on their hands for many months with a home run product. My point is, it butter won’t sell itself. They gotta be more active and social media is free.
Tell that to ur “group”. I like the cute name. I’m sure you guys are killing it.
I think we could see profit soon as well. I don’t think we see it Q3. Frankly, I think we are gonna be disappointed with Q3 compared to estimates of 8 or 9 million by many (myself included). I think GCC revs will be down again and we now know that Verus Cares was a flop. BLF and Pach Labs won’t combine for $50k in revs for Q3, so again... it’s gonna be all GCC based. So i suspect we see $5 or $6 million tops.
But if they can get the ball rolling here on BLF and Pach Labs and Nut Butter, I think we could begin to see growth in Q1. We are halfway through Q4 and still don’t have these products on shelves, so it’s unfair to think that Q4 will be any different than Q3. It will also be 90% GCC based revs. Probably in the $5 to $7 mill range again.
So Q1 is the first real chance we have to show large growth with the domestic product lines.
Got two jars of Eliot’s Nut Butter today from Amazon. I ordered yesterday and it already arrived.
I got the Espresso Nib and the Honey Chipotle flavors.
On a scale of 1 to 5... I give the Espresso a 4 and the Honey Chipotle a 5.5.
They are both excellent. I would use the espresso flavor for sandwiches or as a mix in for vanilla ice cream or even for smoothies. Would also be great for dipping apples and carrots etc...
I would use the Chipotle flavor to make sauces for cooking and to just eat by the spoonful. It’s unbelievably good.
Both have very limited ingredients. And the packaging is great.
I truly believe this is a top notch product. But... I have said that about the candy too and right now that shit is just sitting in warehouses. I will believe the TJ Maxx story when someone takes a picture of it on a shelf. 204 days and counting on that horse shit... So if Anshu can’t sell the Nut Butter, it doesn’t matter how good it is.
But maybe he will turn the sales over to Andy and he will have better luck??? Time will tell.
At any rate, the product itself is really damn good.
How do you figure it’s bullshit? Anshu used the word uplist again in recent update. Those were his words.
There is only one way to accomplish an uplist with a 4.5 billion OS.
It’s factual. If Anshu wants an uplist, there will be a reverse split.
A reverse split is always a terrible thing in the OTC. Period and nobody can argue differently. They never go well especially with a company that has a history of massive dilution like Verus.
If it’s a split with an immediate uplist into massive news and company strength, it would be interesting. Not saying it would work or go well for investors... but it would be interesting.
If it’s done to simply clean up this bloated share structure, then the writing is in the wall for them to dilute it again and then everyone loses except Anshu.
I’m hoping they keep a nice one in their back pocket and reveal during the CC like they did with the CBD company. But that’s just a guess. Anshu knee that was gonna be a rough CC with the compensation package rolled into weak revs. And this one has the potential to be rough on him and Chris as well with the dilution. So it would benefit him to distract the angry folks with some big news.
Just purchased two jars of Eliot’s Nut Butter on Amazon. Should arrive tomorrow. I will give honest impressions once I try it out.
I think that may have been a logical acquisition for Verus. It was obvious when they hired Andy Dhruv that Verus Foods America was going to consist of more than BLF. I think they will eventually collapse Verus Cares and roll the Pach Labs products into Verus Foods. The PPE stuff was a failed venture and Ian Ron along with Anders have been let go from the company. Possibly mutual. But possibly not.
Either way, I think there is likely more to come with Verus Foods America in terms of M&A deals. And likely we hear about those leading up to the next CC or possibly during the CC like Anshu did with Pach Labs.
Should be a fun few weeks. Might not reflect in the price. The dilution is still heavy. But the news flow has been solid. Can’t deny that.
I don’t think we see a penny until mid to late next year when potential revs from all these new deals really take hold.
.01 in September of 2021 is my guess. That’s Q3 reporting time and that gives almost a full year for Anshu to clear some debt and really start to get BLF, Pach Labs and these new food divisions some time to grow.
Fair enough. Hopefully it doesn’t drift much lower. But if it does, the “lighter” volume is ideal.
It was down a tick when u started typing. Lol.
Down on lighter volume. Not so bad. I expect it to keep moving back in light volume through most of next week barring an S1 and news flood to benefit WL.