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Here is there words from their PR back in early June that everyone is anticipating a PR any day now "The Company states that initial plans call for a run of 200 pallets to be distributed by 10 trucks on the west coast and 9 trucks on the east coast. An additional 20 pallets will be warehoused for online sales.
The Company is also pleased to report that it has been contacted by one of the largest Big Box Retailers in the U.S. and is set to meet at their corporate headquarters in July to discuss the sales and distribution of Throwdown High Performance Beverage for its over 10,000 retail locations"
Well, they filled my order today for 1.2 million at .0016, now I have accumulated 3.8 million at an average price of .00165 (after selling in the .002-.0023 range a couple weeks ago). I'm just holding and waiting now, but not with a whole lot of faith, just hoping to recoup my losses someday soon.
I e-mailed them weeks ago and never got a response. maybe nobody was there to respond????
kind of a repeatable pattern huh?
Well they filled my 1.5 million at .0016, the thing is I don't know if that is good or bad??? Still have some powder left for one more buy if it dips any lower this week.
lol, I have better odds of winning the lottery!
Well I have an open order for 1.5 million at .0016 just in case they come thru next week with news, lets see if they fill me today, probably not till right at the close.
Without news, this tanks next week, it cannot stand up on its own without follow-up news to the early June PR. day-by-day investors are losing trust in these clowns, they need to prove that they are not just another fly-by-night scam.
Its called crash-and-burn. Now that the critical support level has been breached, there will be further downside in the weeks ahead.
If we don't get follow-up news to the early June PR next week, then this POS is going even lower, probably to .0010 because nobody will believe them anymore and see this as a complete scam. It put-up-or-shut-up time next week, hope these turkeys are not off to Disney World or any other vacations!
700K share dump right at the close at .015, and the current ask dropped to .014, looks like dilution is continuing and we hit new lows tomorrow.
Well, I think it will drop to .0015 tomorrow and I am going to attempt to buy 1-2 million more shares if it does. It might be a stupid move, but I want to give it 1 shot to recoup the $6.5K I have so far lost on this stock.
Maybe I'll get lucky and get my 1 million shares at .0016 tomorrow!
It was only a prediction based on recent trends. Although it closed green today (which has been a rare occurance the past 5-6 weeks), it was on very thin volume. At least the end-of-day selloff took a hiatus today.
If they follow-up on what they said back in early June with factual progress, then yes this will run hard real quick, but not for long probably. MRIB ran up sharply when they contracted with Costco, but has since faded back down to less than half of its run and has been trending sideways in a channel ever since. So hopefully they will announce something soon, but the longer it takes, the more the interest in this stock will fade due to lack of trust (and the continued effect of the heavy dilution). Thus, its time for them to put up or shut up!
Be careful, one day does not make a trend. Lets see what next week brings, without a PR the probability is that today's momentum will fade and revert back to the downtrend. I do believe they have a lot of heavy dilution remaining so enjoy today for what it was.
My average was close to the same as yours, I just couldn't stomach it any longer.
Actually, thats exactly what I did, I bought 330,000 share today at .0185. MRIB is following thru on their promises, they post regular updates, and they now have product for sale at Costco and will be expanding.
I sold 1 million on Monday at .0023 and 2 million yesterday at .0020, right now its at .0015 so I would be down another 35% on the 1 million and 25% on the 2 million already which equates to $1,800. I never brag or bash longs after I exit a position as it is only my decision for my money, I only posted it because of my displeasure with what transpired after I bought in back in mid-June (mainly the heavy dilution, but also the lack of updates as previously promised). I truly hope for the sake of those of you hanging on that this does eventually go back up, I never like to see anyone lose money, especially the way we have on this stock.
I've got my 2 million shares up for sale right now at .0020, any takers?
Volume usually picks up later in the day (to the downside). There are absolutely no buyers at all right now, even at this extremely low price.
infinityglobalconsulting@gmail.com
It's all bs and someone just dumping another 1.5 million at .002, thus the saga continues...............
How can one stay positive when this turd sinks 10-20% day-in-and-day-out? Whens the last time it was significantly green? The company made a promise in their PR back in early June to keep investors updating and they are not keeping their promise, thus the stock will continue to fall due to mistrust and no trust in what they say and what they do.
It will be below .002 by the end of this week, I'm done averaging down and in fact, I sold 1/3 of my position (1 million shares) yesterday for a loss. I'm still holding 2 million shares for a heavy loss, so I guess I am just trapped for now.
I'm not going anywhere anytime soon, I've lost $7,500 on this POS!
So I guess by reading posts today the conclusion is that we have all been scammed, the CEO is using our money to entertain himself at Disneyland, and they have horrendously diluted shareholder value with toxic financing? By today's volume, it appears that I am correct on all counts and longs are bailing today?
Wow, heavy dumping going on right now, price tanked to .0021, are you all dumping before I get out?
Better get some sort of news out of the company next week, or I may be dumping 3 million shares pretty soon. I was expecting more regular updates of some sort from the company, isn't that what they promised us back in June? The stock soared on the news from a month ago, but has now given back 75-80% of those gains in just a month, and will continue to bleed off even lower each day/week that we go without an update. I know that's just the reality of trading these OTC penny stocks because most are just traders trading the swings, not willing to risk holding very long seeing that most of these companies eventually vaporize. I do have confidence that TBEV can succeed, but our money depends on 2 people launching a company out of a home in Cave Creek Arizona and I sure hope they are working 12 hours a day trying to succeed versus laying by the pool at some sunny resort, paying their bills on our dime!
Problem is, as the price continues to bleed lower week-by-week, many will need a parabolic move just to recoup their losses!
I have already averaged down, I have made 9 buys starting at my original purchase price of .0074 down to .0023. Right now my breakeven price is .00435 and I own 3 million shares.
sht, its down 18% today because of no news, mm's taking advantage of the low volume and lack of buying interest to drop the price as low as possible. What sucks is that by the time a PR ever comes out, many of us need a double just to get back to breakeven!
I am disappointed it has now been a month since any updates or news. They said they would be issuing more PR's to keep investors updated, the longer time goes by without any news, the more investors lose faith, sell and the price keeps drifting lower.
My trade with 30 seconds before the close made it green today, so lets hope it shows more strength tomorrow to make it 3 in a row!
Well, it was red at .0025 cents with 1 minute left before the close, so I sacrificed another $200 and bought 70K more shares at the .0028 ask 30 seconds before the close to bring it green. I own 3 mil shares now and with a 10% swing between the bid/ask, I like to see it close as high as possible in the event a positive PR comes out before the open.
Something real shady is going on here, a 25% drop in price on 4 million shares within a couple minutes of the close. Looks like its on its way to .000000000000000000000000000000000
4 million shares trading in just 1-2 minutes at the close, all on the downside, not looking good here!
Games are being played here, only 2 million shares traded hands all day and the price was sitting at .0029 cents with only 5 minutes left in the trading day. Then whammo! over 4 million shares go thru taking it down to .0022 in a couple minutes, something fishy is going on here and its costing me thousands of $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
I hear you, I started buying this at .0074 all the way down to my last buy at .0033. I am down on all 6 of my buys and need a double or so just to get back in the green!
Wow, someone is dumping a shitload of shares, down 25% in just the last 15 minutes. This is not looking good, I'm down over $10K now in just the past week!