Making $$
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Thanks. Dont even recall when I bot it.
Hey mick, where did the stock come from? I see it in my account - was in a name change from another POS pennystock?
Price has been cut in half since you declared it "underpriced"
Patience grasshopper
WTF happened here? How did its YOY quarterly revenues go from ~ $6.5 million to ~ $27 thousand???
Last Q
Its been a laggard and when the end of the year approaches the losers get dumped for tax loss benefit. Big moves take time. I expect we will see higher prices by March of next year. Their last report was decent.
Sold MFPB early but did well. Sold the last shares of CZBS purchased recently >$26
Looks like a bit of hype beginning here. Best read the filings to see what they DID NOT ANNOUNCE.
...but, but, but what about this??
Re-initiating position
I meant to say 10% year over year
Don't worry, there's plenty of shares. The company has diluted by ~ 10% the last couple of years. iow - around 2 years ago there were Approx 6 million less shares outstanding.
There last Q wasn't very good. They had lower Stockholder Equity with hgher sales but over 2X the amount of money lost the previous year.
I don't expect the next report is going to be much better
RE: <<< I am curious what the catalyst will be >>>
This is brick and mortar business - so the catalyst is simply building homes and selling them at a profit.
I dont think we've seen the bottom here.
Just got this years divy - as per usual: $20 per share
What ever happened to the previous LOI... you know, this one:
Vemanti Group Signs LOI With Marena Gold
IRVINE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTC PINK:VMNT), a multi-asset technology-driven company, today announced that it has entered into a Letter of Intent (“LOI”) with Marena Gold Refinery (“Marena Gold”) pursuant to which the parties will complete an equity exchange transaction that will result in Marena Gold becoming a subsidiary of the Company.
Located in the capital city of Bamako, Marena Gold is the 2nd biggest precious metal refinery in the Republic of Mali, one of Africa's top 5 gold producing countries. The refinery is fully operational and covers all the phases necessary for the processing of raw gold with a maximum capacity of 90-kg-per-day at >99.9% purity. With modern machineries and well-trained personnel, it aims to contribute to the supply in the precious metals sector and to the improvement of the general welfare of the entire Western Africa Region, supporting the artisanal and small-scale mining. In addition, with mining concessions in the Kenieba Cercle region of Mali, Marena Gold intends to promote the highest global standards in product and service development, while simultaneously encouraging transparency to benefit market participants. It holds a mining permit over a gold-bearing area where miners are currently extracting gold. It is expected that Marena Gold’s future infrastructure developments will strengthen its position as the leading regional producer for precious metals.
The final details of the transaction will be determined by the parties following due diligence of appropriate legal and financial corporate documents. This is an arm’s length transaction, and the parties intend to sign a definitive share exchange agreement (the “Agreement”) with an expected closing by the end of January 2021. Under the terms of the LOI, up to 20% of the issued and outstanding common stock of Marena Gold will be exchanged for common shares of the Company. The Company anticipates issuing a new class of stock to support the closing of the transaction. Post-closing, the Company will use its best efforts to arrange for additional working capital for the businesses and obligations of Marena Gold in the pursue of LBMA (London Bullion Metal Association) certification.
Effective on the closing of the transaction, an appointed member of the Company will join the Board of Directors of Marena Gold. Completion of the transaction is subject to a number of conditions, including but not limited to the following key conditions:
execution of the Agreement;
completion of mutually satisfactory due diligence; and receipt of all required regulatory, corporate and third-party approvals, including the approval of the stockholders of Marena Gold and the fulfillment of all applicable regulatory requirements and conditions necessary to complete the transaction.
For more news and updates, current shareholders and prospective investors of the Company can follow @Vemanti on Twitter (https://twitter.com/Vemanti).
_______________________________
Can you fill us in?
NOPE! it was a pump n dump and the dumpin' aint over. Watch what happens when they have to raise $$$$ (and they will have to raise $$$)
NOPE... they have ZERO cash -- operating on credit line that's already drawn down tens of thousands. Did you even read the filings? THEY HAVE NO WORKING CAPITAL.
Watch what happens when they announce a capital raise.
Disagree. They did give out a special divy just a couple of years ago- .50 cents @ .125 cents over 4 quarters.
nate - this is the penny circus. Most penny players are flippers. Most penny players don't even have a clue as to what they're buying and selling because they're swimming with some pod on the interwebs... and trading like lemmings.
I held GRBX for years (first buy at .18 cents) and it went from .02 (averaged down @ .02) and it took off to .56 cents. I bailed on the last of my shares (so I though) right near the top of the run. Then got to watch it sink back down to .13 cents. Then the damm stock took off and went to $2.00 (and I found shares I didnt know I had and sold them as it was coming down @ $1.15) --- only to watch is sink back down to .03 cents.
THEN THE FUGGING STOCK TOOK OFF AND WENT OVER $2.00 AND GOT A NAZ LISTING. SYMBOL NOW IS GBOX.
THIS is the wild and crazy penny market.
Pennystocks have been rockin' all year, but you wouldn't know it by the looks of this thread. Hope you all are making bank.
Hey big guy, howyagonna cook 'em?
Relax
I'm thinking tax loss selling will take this down further.. but I added some today (just in case...)
so how's that working out for you here....lol
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148622144
TRANSLATION: hey folks, we need some BIGGER fools!
No - PJ had ZERO plans (or too many worthless plans) and sold out. It's really that simple.(and I'm not out to support anyone but myself)
Years back the Snow King Resort in Jackson Hole was a public company through
Western Standard Corp
The CEO was in his 80s. I got shares as low as .015. He wanted out and I asked him what he wanted for his shares. Within about 3 months the vice-president of the company bought out the CEOs shares for .29 cents -- then bought out the rest of the outstanding shares a few months later for .30 per share.
Crazy thing was after evaluating the situation and believing they were deliberately allowing price suppression (possibly for future "fair value" opinion) I began buying the stock at .05
Right after I bought at .05 they lowered to .04. and right after I bought at .04 they lowered to .03, and so on until .015 and then they began raising again. I bought from .05 down to .015 and back up. They had a very low OS and I think I was only able to get around 70k shares on the cheap -- but nevertheless...
Cha-ching!
I love penny stocks!
We'll have to make that 7 zeros then - or .00000001
..but first I'll need tospeak to my buddy Elon and make sure I can get him on board to buy 7 trillion so as to leave a float of only 500 billion
I think we can take this over dime in no time. Be better than dogecoin.
If I can buy into a private placement at .0001 --- I'm in!
This is one of several non-compliant stocks I decided to hold. I have one that just became compliant and moved up around !00% from my entry and still go up.
Another just bumbed their bid up from .05 to .13
I'm scouting for a broker that will allow me to buy the greys.
Doesn't hurt that "Patriot’s book value per share rose to $16.69 at June 30, 2021"
and that they're making $$
Patriot Reports Second Quarter 2021 Net Income of $1.0 Million
PNBK worth a look
Keep your day job. I suggest you read the filings.
Suggest you read the filings
Do you know how "WORKING CAPITAL" is defined?
Have you noticed that they only have $672 in cash?
They have a niche market but they are struggling. The filings are going to determine where this stock price settles --- not internet hype.
Individual whales aren't moving stocks like this -- IT'S THE PODS -- and when they appear, you won't be asking this question.
you'll see
Had a former crypto play that went from .02 to .57 the back to .02 ish again --> then to $2.00 then back down to I think it was ~ .80 cents. Very volatile. Anyway I'm holding some here and will add if it drops down to where I bought my original shares (i think around .012). Always looked kinda scammy to me -- but it managed to uplist to naz. - GBOX - (dont own it now)
Re: 'We are actually, in reality, indeed trending down."
yep, and there could be tax loss selling into the end of the year to take it down further, so there's that.
There's a market -->
Kelyniam is a Medical Device Manufacturing company that specializes in the production of custom prosthetics utilizing computer aided design and computer aided manufacturing of advanced polymers.
But prosthetics are made to order with CUSTOM being the operative word, as opposed to one size fits all or various sizes. I believe that's the case with all prosthetics.
I suggest you read their filings. They're in piss-poor financial shape.
NOT gonna happen --- all they do is cranial implants
I picked up some shares today
BV is over $16.00
hopefully turning around
also, insider buy recently
Wow! Hang in there, as most likely this will have a nice cycle up in due time.
Given that it's down so much it's possible there could be tax loss selling between now and the end of the year.
I'm beginning to accumulate shares (again = last time it was down near a penny)
I'd like to see it hold above a penny between now and eoy. This will give us a higher low -- then hopefully a higher high and you make out like a bandit.
Correction - BV is $31 and change
(I didnt account for the expenditure of them retiring over 10% of the OS)
True. I even made a small re-entry into the pond scum.