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Good point, someone must be buying those shares.
I can't wait to see what their next report looks like! Thanks for the PM, I couldn't privately reply, I don't pay for ihub.
Certainly, the pps is disappointing. Absolutely, the sell off is concerning, especially if you were anticipating a giant run in the near-term. I'm long; no selling from me until maybe November 2023. I first bought in when this was UCRP and built a position I'm happy with. I can wait 3 years to see if KAVL can pull off $1B in revenue in 3 years.
Good luck!
Millions in revenue in their first year. I'll take that kind of "mess" any day. LOL
I'm not sure I agree. It looks like we have to walk before we can run here. So, I'm fine with them hiring some random company to get news out. It's better than total silence.
I agree NASD uplist would do wonders. But wouldn't that require a $4 bid price? I get the feeling that won't happen anytime soon.
Hanging in, long and strong!
They must have read your mind:
https://www.facebook.com/kaivalbrands/photos/a.146751480173764/206215684227343/
Someone has to go to a 7/11 to confirm this! I don't have one within walking distance from me :/
You don't have to sell me, I'm not planning to sell for at least 1 year. I certainly can't find a ticker with this type of revenue, net earnings, and free cash flow.
It seems like they are trying, I saw this posted 2 days ago:
https://www.networknewswire.com/kaival-brands-innovations-group-inc-kavl-seeks-to-bring-innovative-new-offering-to-vape-scene/
This one's doing a number on me. Strong evidence this is a winner, and yet red day after day. I feel disillusioned. Sorry, just venting now.
I think it's time, for me, to stop looking at this for a month or two. It's deteriorating my mental state. I wish I had more cash to buy at this level!
Bidi Sticks are already selling in 2200 Circle Ks in US. There are 9799 stores in North America (including Canada), 2697 in Europe and an additional 2380 franchised stores worldwide. If they want to expand retailers by thousands that seems like an obvious avenue.
News release today from their website:
https://kaivalbrands.com/kaival-brands-increases-revenues-nearly-44-expands-distribution-channels
Guys, they are selling Bidi Sticks online (goPuff.com) and "in over 2,200 current Circle K convenience stores, with distribution expected to expand into thousands of additional retailers and convenience chains" ...OK, I'm no longer concerned with the PPS.
~$54M in the first 2 quarters of business keeps me excited. But I'm totally with you that PPS is depressing. I was hoping we would be holding steady above $1 by now.
HA! Exactly!
I'm not doubting what was said. But, there seems to be a fair bit of negativity on this board. So it would be nice to confirm, at least, that the anticipated volume is there and consistent day to day.
If it's Sept 1-15, that's 10 trading days (X Labor Day). So that's $150K per day or 30M shares at pps $0.005. Are we seeing that action? I've seen posts indicating 22M near EOD, so maybe.
That article was posted 11 months ago.
Thanks for the clarification.
The original question from StupidMillenial was:
I'm not sure what the answer is. I did a cursory google search, but didn't find much.
From BrewBilt's perspective, why would they PR to confirm buyback? That would ramp up the pps, so they would buyback fewer shares. I would expect a PR once buyback is completed.
The upside to risk is worth it to me, I don't millions of shares though. But, it's hard for me to imagine 20c...5c or even a test of 8c that breaks to 10c, that seems somewhat plausible. We'll see!
Quick dip just gave me a bunch more cheapies! Called it about a week ago. I'm ready to see dollarland again; I would love to see $2 in September.
The 50DMA is around 0.67-0.68 right now, correct? I don't mean a slow bleed back to test 50DMA. I mean a quick spike down (probably from MM influence) and then right back up within a day, like 7/13 or 8/3. If I'm wrong, we keep going up. If I'm right, more cheap shares for me to buy!
Like previous runs, I'm anticipating a quick but large dip in PPS, maybe tomorrow. I hope so, I'll buy those cheapies.
HAHAHAHA YES! He's back!
I hope so, I want some cheap shares.
I remember the Canada and New Zealand news. I wasn't aware of expansion into EU and Australia! Great news, can't wait to see dollarland again.
I keep thinking about this tweet/FB post from the company from August 10:
"Head towards the direction of your goals by keeping your employees motivated and happy. Ask any savvy business mentors, and they will tell you it's an essential factor for success."
It makes me wonder if they will offer stock to their employees as a reward. Totally speculative, I know.
"Maybe" you've spoken to the company? You either have or have not. Which is it? My bet is you have not.
They already filed for approval from FDA, correct? The flavor name changes make me wonder: is that a response to comments from FDA?
The better this gets, the more I want to hold shares just to see if they'll actually pull off their $1 billion in 3 years goal.
Nice rise today. Hopefully, it'll make it back to the high 90s or above $1 be EOW.
A cannabis acquisition wouldn't surprise me. On their website, their mission statement mentions vape and CBD.
100 million revenue for this Q would do something physical to me. Tears? Unconsciousness? 12-48 hour euphoria? Some combination, probably.
Amazing review from March, in case anyone hasn't seen it.
https://www.vapor4life.com/blog/puff-bar-versus-bidi-stick-disposable/
On sad days like this, I like to be reminded of what I own.
All you have to do is scroll up to find this:
"Recent global developments affecting crude oil markets and crude oil futures contracts have dramatically increased volatility and even resulted in a negative price for the May 2020 WTI crude oil futures contract. As a result, investors in the oil funds may be subject to significant volatility and unexpected losses. In response to these conditions, each oil fund has modified certain of its investment strategies and the performance of each oil fund may differ from 2x or -2x, as applicable, of the daily performance of its benchmark. The fund does not track the spot price of WTI crude oil."
If you're bored, check out their website. It looks like they updated the banners since the last time I checked it.
Maybe we'll get a PR as a preview. I hate waiting, but at least it's summer. I would love to see $1 by the end of the summer, and a push to $2 by end of year if their news is as amazing as we hope.
I bought during the UCRP days. I fully admit I have gotten lucky.
Power hour push to 0.50?
How's the 8K look?
You're just getting a little razzing. It's not that big of a deal, 0.50 is in range and will probably get back there tomorrow or the next day.
I don't have 400K shares...I wish I did, congratulations!
He's being sarcastic. It means your rookie move killed momentum today.