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That is a movie reference.
It stars Matthew Mcconaughey.
Thank you.
'cause his engagement on message boards, his confidence, his suggestion on his video "what if you guys were sitting at .05" etc. And filings can't be done in a timely manner...hence the pps drop and he's the owner of a ticker that trades in the .005's,
Not saying it won't happen, but I think he was a bit naive to the OTC....and there is definitely a clock on this.
That's always how it happens, BUT may just be the usual, every so often, flow and ebb.
Right now it looks like white boy Rick doesn't have juice.
I'll do that. Thanks so much for responding.
you can't predict a timeframe, but many people believe this has potential and are invested for that reason.
Is that in the S-1? If so, do you know what page?
Uncalled for.
What time-frame are you looking at?
So...a few takeaways here.
1st- A video like this is MUCH better than posting on the boards. Again, we know he's watching the boards for sentiment and that's enough....a lot actually.
2nd- I'm gonna go back and read the S-1 again. He talked about the stock price going up to .05 then ONLY issuing 60 million shares, not 600 million? BUT....wouldn't that mean that after the 180 day period Trillum could convert their 600 million at .01 (or whatever the schedule is?....which is why I'm going back to the S-1).
3rd- Still...I like this guy.
4th- Welcome to the OTC Mr. Jordan. It's brutal.
Anyone have any thoughts?
Depends on when filings are out.
There has to be a run for the "financiers" to sell into.
I certainly wouldn't think it's their intention to "run off" with investor money, BUT every company that goes public does so to build THEIR company. So, by the time they "get to nasdaq", as is every new OTC company's dream, they'll have raised the OS a few times to get financing, then raise the AS a coupla times, then RS a couple of times and almost every investor currently on this board will be long gone. If they just hold on straight through they will lose money. Rick, Kevin, Trillium etc. will get their salaries and their paydays no matter what.
The hope (plan) of the "investor" is that there is a monster run or two in that time and we're positioned when it happens and time it well in getting out.
Tis true, but trust is gone for a while. The amended 8k will bring it back some.
Looks like Pickle jar was the winner.
Well...even though you aren't trying..I always try to learn, so thank you.
Admittedly I only skimmed the filing yesterday. Yes, all good info. Heavy dilution possible. Well, it's the OTC! But thanks buddy. I always appreciate being schooled. Best of luck to you!
That's fair. And a very good piece of info. Thank You for that! So they are allowed to convert starting May13th. You're right, it doesn't mean they will, but they COULD. That's a ticking clock.
Haha...yeah...I know that game. Not the one I play though.
Ok.. I'll ask. Why do you think the AS would be raised any time soon? I thought the convertibles were limited for two years AND the A?S is all ready 2.5 billion. I'm always suspect here in the OTC...as we should be. Always willing to learn...if you've got an angle please share.
Definitely an opportunity here, but it may be a while before a serious rise. I'm thinking this is delinquent from the Yeungling side. Unfortunately, there's no telling how long that will take.
IMO he can't/shouldn't be posting on the boards. It's the OTC. Delays happen MOST of the time. Price drops follow. Blame will fall on the CEO. We know he reads the boards and is aware of investor sentiment. That's a good thing.
I'm disappointed too. It wasn't unexpected though. It could've gone the other way if the filing was on time. All there is to do is manage my own expectations.
I think you're misinformed...or not informed...or on the wrong board.
He has.
it was the interview. Sounds ridiculously low pps. Catalysts coming, as stated, financials, acquisition, ticker change not too distant etc.
Good Video.
I do like Mr. Jordan. I do believe he has abilities. I do believe his intentions. I do believe this will rise greatly...at some point.
The issue right now is that the OTC is the most cynical place on earth ...and with good reason. Holding and adding but cautious.
Good post.
I think you're very right about that.
Although I am glad Mr. Jordan has popped in here, it would be better if he didn't post very often, if at all. Unfortunately dealing with gov.t bodies is rarely, if ever, timely. There are bound to be delays and then angered/jilted traders and investors posting nonsense. Best he just not engage very much.
That being said, the last time this dropped I used he opportunity to add and will do so again.
Well...I think most with any longer term vision have been expecting that....but it'll take time and the OTC doesn't have ANY patience.
As is the OTC.
Yes. release of a great financial valuation is the catalyst...but then, probably not enough to do very much at this point.
Ticker symbol change is going to take months...at least. I was hoping for financials this week with a great valuation.
Unless filings.
Good points.
Still bullish here, but it's never on a desired time-frame.
I think this make a serious move soon and all next year....I think you're gonna be the winner.
Yesterday's news was very good. Cancellation of debt. I'm baffled by the drop here.
...and hopefully audited financials next week.
Yes. Please do sell on the news and get off the boards. some of us are planning for a longer hold and try to be helpful to each other.
Some people have weak character.
Mr. FUD Sewer.
mrrickjordan
Member Level
Re: mc73 post# 44913
Wednesday, January 10, 2024 7:46:30 PM
Post#
44922
of 45006
Merger CLOSED in November. It's a literal done deal. Unless I'm delusional and working with auditors for no reason :)
https://www.otcmarkets.com/stock/YCRM/overview