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We plateaued near the end but that just sets up the bid support for next week from which to grow again. There's enough certainty now to carry us a few more weeks I think especially with the OTC crackdown on non-reporting tickers.
Same here. Not in the mood to sell any of my 40 million shares given we still have penny land to get to
It's all good. The only question i have is in the R/E acquisition. If we're going to take on debt to buy a facility we already have to operate..it only makes sense if the option to buy is timebound and/or tied to a market price for the property. Still the capital to buy the R/E is best suited to expand and add beds which add operations and revenue. i;m ab it skeptical ..hope they are doing an ROI on that move considering all options for the capital they can raise
To be expected. Been in the high teens for too long not to expect short term profiteers from taking advantage of this run. Let's hope we can hold in the mid 2s at least and build from there. It can only get better now going forward as OTC shuts down defunct tickers and the next earnings for Q3 should have ARIA performance.
Still 2.9BN Shares O/S
I'm gonna need a bigger boat..LOL!
Invite you to my little boat (to be) in about 3-5 months
https://www.boattrader.com/boat/1988-heesen-105-7544604/
Don't feed the trolls, please.
That's why I'm watching the O/S like a hawk. To a certain extent the fact that it has not changed for some time means what the CEO said in his FAQ on dilution may be coming true
You're not wrong. Typically there's an 8K issued for such changes. But think about it. If you are operating your treatment center and maintaining your balance sheet stable during this period of time ..no refinancings to announce, no new acquisitions, no updates to SPARTA MOU, then not much the law would require you to report. The one gray area would be the completion or addition of capacity in the center (the new beds were supposed to be added in September)...but still in time for that one if they want to report progress there.
Yes...one of two line of sight catalysts here..the other being the first time reporting ARIA #s in the ETHEMA books for Q3 close...should see a big spike in revenue
Could also be that what they are doing is simply running the new acquired treatment center which does not require any special notice (8K) ....but that being said...what's required and what is good management practice is far and wide different. Just because you're not required to report something...you should still be communicating with shareholders regularly especially when the PPS has dropped so significantly in the past few months
What change can we expect if any on Sept 28 or thereafter when the OTC deadline for non-reporting tickers passes? That assumes they won't be updating any of their reporting by then of course
Tracked by e-trade. None reported since 2018 by the CEO
I inquired through their Web form but got no answer..not sure they want to give out that info to a private e-mail
Because we don't have the CEO updates regularly...but are relying on the acquisition of ARIA to carry this through despite the silence...it is a bit like gambling..must admit. But then again what OTC stock is not? This one is one of the few ones that have an actual business operating and not just an idea and a PO box or website
As long as the women sun bathing come with it..:>
GREEN again...and kicking. LOL
Fake wall...would have loved to slap that biatch and stolen that load from the MFKR
Who's got the 10Million wall up?
Have an idea for our illustrious CEO
How about publishing a billing tracker that tracks billings month to month for your shareholders...no pressure Mr. CEO...just report monthly what your billings are...we know that's not the same as revenue and we're not asking for a revenue forecast, just give us that little piece of info plsss. Oh and maybe you can also post a blog on the website discussing this and other pertinent business topics..you know state of the company sort of speak. Would be nice
...It's like the old (really old) TV Series Mr. Ed. He will never talk unless he has something to say
If I add any more I may end up with more shares than the Leon family. I think I will hold
The only people trading at this level are MMs and day traders flipping for beer money. Longs have been here and continue to be here until this shtt shows it true colors in Q3. Would be nice to get a PR once every blue moon from our great leader CEO
Still standing @18 at the close. All efforts to push this down into the low teens continue to fail. Hoping that the MFKR MMs lose all their shares trying...even as we move closer to catalyst events
1) OTC shutting down non-current tickers Sept 28
2) Reporting of Q3 results which will be the first time we see ARIA revenues on our books.
3) CEO coming out of the FBI Witness Protection Program....just kidding
I think our helmsman decided to abscond with the only lifeboat..:->
Nevertheless...I think this ship is still seaworthy enough to survive any storm and triumph in spite of the skipper
26M bid @ 16...$40K in one bid. Whales getting their fair share.
Yes..you called that one.
I don't think those large transactions below 18 are retail...it could be ...but more like MMs trying to influenced investors or older dilutive funding dumping now
O/S still at 2.9BN as of 9/20
Can't count on that unfortunately. We have many day traders here just looking for small flip profits. And to be fair, this CEO not communicating what's going on just feeds into that kind of trading strategy
I dunno...volume on the ask dries up pretty quickly below 18...few want to give away their shares below that level it seems...just look at the tiny wall at 18...not indicative that we will see any kind of volume transacted below that level
I wouldn't call hopeless a business that can generate $500K cashflow from operations annually assuming the $4M in revenue is achieved. That will help service/restructure alot of the debt you're worried about
Alot of watchers here waiting for sign of a reversal is here to jump in
Let's hope it continues that way since our ceo not hunting the wolves for us
Nice post. Most of the OTC CEOs would fail that test
BTW...contacted ARIA regarding bed capacity (under a story line needing beds for some families with drug problems)...let's see what they answer. Want to know if they have capacity or not...let's see what they say
LEt's hope this CEO is just bad at communicating and nothing more.
Job cirticism is nothing personal criticism ...let's not confuse the two. You either do your job well or you don't..nothing personal in that at all.
And those of us longs that have invested here for the medium to long term have every right to question the CEO when he doesn't live up to his own word (ie, FAQ...where's the new website, where's the more frequent communication??)
Yes...day trading is happening here all the time...that's what happens when you have a seemingly rudderless company (absentee CEO)...you become fodder for all kinds of shenanigans that occur in the OTC
Thank you Captain Obvious