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Please show me where we are one company.
No they aren't.
Bidi Vapor is not owned by KAVL. It has the same owner, but they are NOT the same entity nor under the KAVL umbrella. Bidi Vapor is the manufacturer and KAVL is the distributor. That's why if you look at KAVL costs you see nothing related to manufacturing or production. You won't see anything about quality controls, suppliers, research, etc, because those costs are all on Bidi Vapor.
Description of Business
The Company is focused on growing and incubating innovative and profitable products into mature, dominant brands. In March 2020, the Company commenced business operations as a result of becoming the exclusive distributor of certain electronic nicotine delivery systems and related components (the “Products”) manufactured by Bidi Vapor, LLC (“Bidi”), a Florida limited liability company, and a related party company that is also owned by Nirajkumar Patel, the Chief Executive Officer and Chief Financial Officer of the Company.
QRx seems to be an arm of QuikfillRx focused more on digital sales & marketing. QuikfillRx we have a service agreement with. In the latest filing it mentions it's good until Oct/Nov and if they decide to renew it'll be another year.
Regardless if we renewed with them, KAVL is the exclusive distributor for Bidi Vapor, so they aren't sidestepping us.
That is awesome, and that's where that other pdf comes into play with monthly charges.
Awesome find EdF! CareClix boys do it again, can't wait till we're trading again :)
That's kind of backwards.
If all he cares about is himself and his pockets, wouldn't he want the share price to appreciate? In order to do that would he respond to all shareholders and post on social media, or would he remain silent?
Don't confuse a growing telemedicine company with international clients, a growing list of municipal clients and an employee count hovering around 80, with your typical blabber mouth pink sheet company with only 1 or 2 employees changing their company direction every time there's a new and lucrative sector.
If you've been here for as long as many of us you'll know this company has never responded to shareholders. Ever since 2019 people have been trying to get info out of them and they have never given us information to propel the stock price higher. It's almost like they don't want to give individuals inside information and would rather release it in a PR or 8K. Now ain't that crazy!
Through separate companies.
Bidi Stick/Bidi Pouch are owned by Bidi Vapor, which yes Patel does own, but it's not under the KAVL umbrella. I'm not sure why exactly he structured it this way, but my guess would be for liability reasons.
If anything were to happen to Bidi Stick, it wouldn't affect the distribution network they set up with Kaival.
The new product, those patents we purchased, those I believe are owned by a subsidiary of KAVL per an email I received from IR back when it was first mentioned.
I don't think he will distribute anywhere else, all I'm saying is we don't have a product, we are distributors.
When you see a product on the shelf at Walmart and you think it has the potential to be a great investment, you don't think "who distributed this" you think "who makes this".
We will reap our risk free profits, and then we'll have some new products under us that we can see the higher margins on. Either way, KAVL is still largely undiscovered imo.
Not directed to me, but I think there are a few reasons...
1) OTC, which means lack of visibility and usually issues with legitimacy.
2) Lack of financial history. We really only have 2 quarters of financials, and even though we have great growth, and a huge revenue estimate next year, it needs to be shown in financials. I don't doubt KAVL can/will do $400M+ this year (2021), but again, being on OTC, a lot of folks will be skeptical. (their loss!)
3) We are just a distributor, so when people see Bidi Stick selling like hotcakes. They want to own Bidi Stick stock, which is private. What most don't know (because see #1 and #2 above) is we could be releasing our own products under a subsidiary in the future.
RLX - $38B market cap.
He's clearly in on the scam, maybe he's getting worthless shares? :p
We knew it was a supply/demand thing, KAVL at $0.30 was just so far off fundamentally.
Can't wait to see their growth over the next few quarters!
Absolutely! Multi-dollars coming to KAVL.
If RLX can trade at $40B with maybe 4x our revenue, why can't we trade at $1B? or $5B?
Do I think we're undervalued? Yes, but, that's because I've been here since the beginning and have followed all the company's moves.
What do big investors see? An OTC stock with less than a year of revenues.
If after another 6 months we're still trading at $1.40 I'd agree with your frustration, but right now, the company is moving forward at a great speed and I'm thankful I had the opportunity to buy all the shares I did in the $.30s-$.50s (on top of all my sub dime shares).
Wait till we see Q1 or Q2 results. Wait till our share price is trading up in the $2, $3 and $4 range where no R/S would be needed to get onto Nasdaq.
Guys, we hit all time highs today, we're up 450% since November lows, and 250% since Jan 1.
So damn impatient and ungrateful.
$1.40s up, new all time highs coming atcha!
100%, they bring in quality companies, this could be an average one, or it could be a great one, but either way, we're safe here!
Flying off the shelves!
Please name some examples of other Synergy plays that have gone up so high in value.
Nothing wrong with profits, usually should keep some free shares though, that's where you can make the mega $$.
6 green weeks in a row, I guess a red one is okay, still got 3 days left though so might be 7 green weeks in a row.
It's a waiting game, we're waiting for the realignment between the business and the stock.
I never denied that.
You were, but I had to see what you were saying. Too much money flowing into the OTCs, doesn't matter if they are turds or great prospects, gotta just let things roll.
I don't remember seeing anything that says we promise, that's why I'm asking for you to share where it says that.
I wouldn't be surprised. Float is locked up, moving with ease.
Hopefully no one bailed at .0002 on your call.
Hmm, I must have missed where they said "we promise financials will be posted by a specific date". Can you show me that language? It shouldn't be too hard to find since you mention it every day.
Look at TXHE go. Who would have known :)
Lots of shoveling here in the north east, and look at that TXHE highs! We knew it was going to happen!
It's understandable, but just think about what you post because it brings out the worst in some people and turns this board into a circus.
You're here cause of the DD, you're here cause you either connected the dots yourself or followed the dots from a handful of us here. So just remember what side you're on. We're all annoyed with the lack of financials, but patience will pay.
If you keep circulating the DD, rather than complaining, I'm sure you'll find it easier to hold.
Good luck to us!
I'm comfortable with my shares, thanks for your concern.
DD is there, market is misaligned. Wait till it's aligned and let's see what you think then.
This market is wild right now, should be taking advantage of it and sit on your SOLI shares until they are ready.
2020 was my best year ever and 2021 is almost better than last year in 1 month.
the pandemic hit long after soli was late on fins.
What was the last public company you ran? Did your industry get turned upside down due to a pandemic?
Have you never been early on a stock before? These things take time.
Look at the people who made out huge on GME. The ones that were in sub $10, they saw the signs, they connected the dots, and they held for a long time. I'm sure some that were holding options, lost their whole investment a few times before the market became aligned with the DD.
It's no different here. The market is not aligned with CareClix, because CareClix hasn't posted financials, and are currently on the greys.
I can see people's reluctance and I completely understand how "bad" it may look. No financials from a grey sheet, but if you look at the data and connect the obvious dots, it's pretty clear that SOLI (and CareClix) put the business before the financials.
I mean think about it, you're a small business, you have a great piece of software with a strong business model, and up until March 2020, you were just starting to make moves. You could handle the growth adding a few accounts here and there while building the sales team.
Then wham, here comes the biggest pandemic of our lifetime, where cities/states are completely locked down and telehealth grew 1000% almost instantly.
Pay $x amount for financials, or take advantage of the current situation and bring on employees. They chose the employee route and added what, 60 or 70 folks in less than a year? This isn't a Teladoc or Amwell that had the resources to get their financials done on time.
Their shares aren't going anywhere, and they've made small strides along the way to be ready when everything is complete on the public front; Solei to CareClix Holdings, removal of Panoxol, new board members, etc.
Yup, been churning very well, not too concerned. Not going to take much to send us to new highs.
Yup, don't forget their linkedin with 80+ employees, or their agreements with San Diego, NYC, American Express, etc. All part of the con. It's like a squid, whose tentacles touch an array of legit businesses and municipalities.
Hmm, I must have missed where they said "we promise financials will be posted by a specific date". Can you show me that language? It shouldn't be too hard to find since you mention it every day.
What promise again?
Always at 330. Oh well!