is...doing as little as possible
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Indeed! If only we could all keep the momentum going just by spending $5! lol
That's easy to achieve when someone manipulates the stock by buying 1000 shares @ .0054, a whopping $5.40 trade. One could easily hide the fact that the majority of shares are being dumped in the mid .0040 range, right <wink wink>
Objective outside observer? There is no such thing if you are invested in the penny stock world. So in other words what you are saying is that you not only failed to follow your own cardinal rule of not dealing in penny stocks but you also failed to do proper DD on EVIO, which was recommended by your banker friend, before you invested. So, pray tell, what exactly qualifies your judgment to be of any value to anyone who does invest in the penny stock world on a regular basis? It sounds more like sour grapes about your own failings than anything else. Perhaps cutting your losses and moving back to the big boards might fit your needs best?
Today’s 8k is a joke - it’s all information that should have been in PR’a previously.
Who is going to read this - Nobody but nerds and insiders.
The general investing public will NEVER see this document.
latte filing kicks in on the 16th of this month.
A really nice 8-K out today and prior to my post, there are only 2 posts so far today. If shareholders don't get more involved in discussing the company, we will never see interest in the company grow. Get off your butts, shareholders, and let's give them something to talk about!
Had some lobster bisque last nite as a matter of fact. Loved it. It's the only variety my local Publix carries. I would try some of the other ones if they had them.
I hope you get all the shares you want. Every single one of them. The more the merrier. Eat all you want. Unlimited buffet.
lol, dude, you are living in a fantasy world. Making wild a$$ claims that anyone who understands exactly what chapter 7 means is a shorter does not make it so, any more than claiming someone lying about the stock so they can get the best price for their shares from the gullible is a pumper. See how that works?
So what exactly are you saying the 13d contains that is contrary to what I have said. Be specific please and make sure you are looking at the most recent 13d.
The original company still controls the ticker. Just because CW has control over the majority of the shares in the original company, does not mean that GBI controls the ticker. A private corporation cannot buy a ticker/symbol. Tickers belong to publicly trading companies. The original company is now in Chapter 7 bankruptcy. There is no one in charge of the company except for the trustee and he is tasked with shutting down the original company, which will unassign the ticker. It will not belong to anyone. You cannot reverse merge with a Chapter 7 company. You cannot "buy" the shareholders of a chapter 7 company. The only possible way of preserving the ticker and keeping the shareholders whole was a merger during chapter 11 proceedings and that did not happen, even though WC had control of 51% of the shares in the company. Instead, it bought the assets of the original company; the equipment, the recipes, the branding/brand name, the rights to "The Original Soupman Soups" name, the customers, the vendors, the distribution channels etc. It did not acquire the ticker or the shareholders. SOUP/SOUPQ is dead.
What is to stop them from making and selling soup right now? They own all the equipment/assets, the brand, the recipes, even The Original Soupman Soup name. They don't need the liquidated company in order to continue operating as if they were the original company. The only difference is that they will be a privately held corporation rather than a publicly held corporation and they would have to remove references to the ticker SOUP from their boxes. If they can successfully improve the efficiency of production like they plan, then they will be very profitable and would never have any need to become a publicly held corporation. Although, I would suspect they would want to at some point in order to monetize their private holdings.
Don't think for a minute that Hagan and WC are going to let their shares be worthless. Who do you think has been dumping just enough shares each day to keep the pps remaining relatively high while they clear out their stash? I'm sure they got most of their shares for far below the current pps so they will come out of this smelling like a rose.
Could we please nix the political commentary?
I think we have more important things specifically having to do with EVIO to discuss, like why are we not getting the eyeballs and thus volume we deserve?
The company is doing well, has a great business plan, is expanding rapidly, has released numerous great PRs in the last month or so, and is a real business, unlike many other MJ stocks that are nothing but crap and get all the attention they don't deserve. What is wrong with EVIO?
Why is it that almost every day, during the last half hour of trading, someone sells into the bid, bringing down the closing price significantly and most often ending negative?
What can we do to get more eyeballs on EVIO?
A lot of talk about who owns the shares of the old Soupman with much speculation that GBI owns the old shares or that it intends to reverse merge with the old Soupman. Why? What reason would GBI have for becoming a publicly held corporation? It already has everything it needs, all the assets, name brand, copyrights etc to produce and sell The Original Soupman Soups and pocket all the profits. Why would it want to have to share those profits with anyone else at this time when it is focusing on becoming a self-sustaining, profitable enterprise of greater value than that which they paid for it. If they need cash, they would have absolutely no problem obtaining it from the current investors so they don't need public cash infusions. Maybe at a later date, when the investors decide they want to monetize their holdings they will go public, but it is not a necessity at this time. Don't be stretching filings in order to find some underlying meaning in them. Let them speak for themselves, not for what you want them to say. You are being played by those who have much to gain by pumping the stock, creating doubt and confusion, and outright lying to you in order to encourage you to pay higher and higher prices for an essentially worthless stock. The only money to be made here is by deceiving the gullible and the noobs. I was an investor in CMKX, a diamond mining stock that turned out to be a scam in the early 2000s. There are still many who believe their shares will entitle them to riches beyond belief because a group of people has led them down a garden path. The stock doesn't trade anymore and hasn't for 10+ years, being delisted all this time, but they just know they are going to be bazillionaires when everything comes into alignment. There are a lot of mentally deficient people in this world. Please don't be so consumed with desire that you refuse to face reality.
what the fug?
I've been out for a while but thought I would swing by just to see what the latest is. It's no sweat off my back either way. I sincerely hope you guys holding on are right and I am wrong but man, some of you guys are into this up to your eyeballs and are going to be seriously slammed if you are wrong. I personally think WC has been playing this stock since it came out that they bought the assets, in an effort to recoup what they had invested. Seems nothing in the sales agreement forbade this and if the judge in the case was truly looking out for the shareholders, it would have been. I hope the best for you though!
HCM asked me to let everyone know he is limited to one post a day for now.
Email from Will Waldrop re EVIO
Edward Kelley wrote:
Hi Will,
No, I’m not writing to bitch about the share price, lol. I just wanted to see what your confidence level was that the testing equipment would pass certification at the end of this month?
William Waldrop replied:
Good Morning Edward,
Sorry for delayed response. I am very confident we are prepared and ready internally for the audit. We have provided all necessary documentation, passed all proficiency tests and the teams are ready for the on-site inspections. ORELAP in the past has been quick with the next steps after the visit, we are hopeful they are again.
Gotcha. You should be careful about mentioning other stocks to the Evio board tho. The admins could limit the number of posts you can make or even ban you from the group. Happened to me on another board. If you want to mention a stock to a single person, then send them a private message. I'll look into the other one.
ATTBF = Abattis Bioceuticals Corp?
Which post are you referring to? The one at the Tabernacle?
I am as well waiting for some spectacular post on EVIO from WW. Aren't we all?
I picked up 2K myself at .64. Go EVIO!
Thanks, Bradlee. I truly wish you the best of luck, whatever you decide to do.
I just dumped my shares this morning, you misanthrope! Sheesh.
well, I dumped all my shares for market price and got .018 for them, a 40% haircut. I'm out of here. Good luck to all.
Not a lie but a misrepresentation. Why did he clarify which shareholders by saying "long-term", rather than simply shareholders in general? He could easily be referring to the largest shareholders, who were, in fact, long-term shareholders.
I ask again, why would a hedge fund show any altruism by making all of us small investors whole?
How is this good for shareholders? Be specific, please.
The debtor's sale of assets did not include any of the capital stock. They were specifically excluded. Wealthycolony owned a crapload of stock in the company, the single largest shareholder and would lose a fortune if the company went chapter 7. Once the sale of assets was approved, what would happen if Wealthycolony then spread a rumor that GBI was going to reverse merge with the shell of the old company, making the shareholders whole? Obviously, the share price would surge and Wealthycolony could start dumping its holdings in the company, recovering as much as possible from their shares. Once they were sold out of shares, the Debtor could then file for a change from a chapter 11 to a chapter 7, leaving the leftover shareholders out in the cold with shares in a company that no longer exists. Chapter 7 wipes out current shareholders. It would not be a shell company, therefore it cannot reverse merge with anyone. GBI then has everything it needs to continue Soupman as an LLC. Why would they even want to share what they own free and clear with any of us? Altruism, from a Hedgefund? I don't think so.
Can anyone point out a flaw in my thinking? I have tried to consider all options but this, in my opinion, is what has been planned all along and is what is being done. Read the actual Sales Agreement, which we now have full access to. Shareholders were intentionally misled.
Newly created id. Shows up after a surge in today's pps. Claim credit for the surge. Can someone tell me what a sneaky shorter might do if they got caught off guard by a pps surge and wanted to try and stop it before they lose their shirt? Today's market action and/or news will tell the true story here. Don't mean to diss you Den but you can understand our being skeptical.
Tried the Lobster Bisque for the first time for supper last night. All I can say is, WOW! That was the best Lobster Bisque I have ever had. Are the other soups they have that tasty?
It was me that posted the July 19, 2019 date and it did have a SOUP ticker on it.
About damn time!
ok, add me to the list. I bought two 17 ounce cartons of the Lobster Bisque today. The best by date was July 19, 2019, and the Stock ticker was SOUP!
OK, that isn't quite the same as going public. It's still not a publicly tradable stock.
http://www.investopedia.com/terms/s/seriesa.asp
Can find nothing anywhere about this. Where did you hear it? Is it an IPO or a merger?
So who is actually in control of the old Soupman now and does anyone have their email address?
If the current shares of SOUPQ are going to be canceled and the company no longer a corporation but an LLC (with no shareholders), then would it not behoove Wealthcolony to dump all their shares on the market now while us small shareholders know nothing, in order to get the most out of those shares that they can before they go *poof*? And would that not account for the billions of shares trading since Sept 7th? And if they did this, would it not be a good idea to spread rumors that GBI is going to reverse merge into the old Original Soupman?
We shareholders who are of little consequence in the larger scheme of things are at an extreme disadvantage because we do not know what the end game is going to be, while Wealthcolony being the largest shareholder AND the buyer, has the opportunity to cover the cost of buying the company's assets by selling their shares.
This is just me thinking. I'm not trying to bash or cause a stir but it is most certainly a possibility unless they are barred from selling those shares.
I know the judge had some reservations because of this very possibility when Wealthcolony submitted the POA agreement for approval the first time. Normally the sale of the assets to Wealthcolony would not be allowed for this very reason, but Wealthcolony and Hillibird (sp?) resubmitted the POA agreement with changes that satisfied him. Do we know what those changes were?
Closed green today. What do you think about that? Any comment?
Looks green to me right now. Maybe you complain too much.
Apparently, that does not apply anymore as the last tour last month, allowed cameras and videos.
well duh! lol
ok, I've seen it used a lot, what does "mio" mean and what does "Mc" mean?
I only have 1 million shares. Should I be depressed?