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This was predictable if you ask me. I sold part of my position this morning and just bought it back at a nice discount.
There wasn't any new information given to us today. People sell because they wanted an instant double today and didn't get it. MMs use the opportunity to take the price down. Doesn't change anything. The fireworks are coming.
We really didn't learn anything new there. Don't know if that is good or bad. This should keep going up on hype.
Last stock I was in that had this kind of run, still have a 5 bagger left in it. Actually, it's still going. 4 months now of growth with a few bumps in the road.
MRIB. Green 18 out of the last 21. Two great days this week followed by a little consolidation and profit taking. A lot of good unknowns coming up... great stuff. Sorry I ever doubted you all, but glad my average is below .02. I was so close to dumping below a penny.
Just glad I don't have look at that CA ABC site ever again.
I'm just looking for a quarter here... Come on dealer, one time!
He did on full tilt
I'm a believer now. Glad I kept my shares the last few months.
We have all seen crappy companies with little product and 5B in the a/s turn into 50 baggers over night. No reason this one can't do it.
There's a lot of animal spirits around here... With such low volume, dilution is the only reason we are this low. We saw what a little volume can do for us. Personally, I don't want an update from the company unless it's meaningful and I think that update is right around the corner. I'm not interested in something that is going to send this up to 0.04 for a couple weeks.
Didn't mean that to be a reply.
Patience gentlemen. Its paid off for me with companies that were crap compared to this gem.
Our day will come. We need a real update.
Is anybody expecting anything this week? I'm thinking they might give us something leading up to the 10Q or the day of the 10Q? By the one facebook post, it didn't seem like they wanted to talk about inventory levels until the 10Q.
Usually, I would thing that this pace isn't sustainable and would be thinking about what I want my sell point is...
But, if this thing is in stores in the next couple week, then this run hasn't even begun.
0.15 is achievable by the end of the month.
I don't want a PR until the website says the license is issued. Last thing I want to see is them get confirmation that it was issued, issue a PR, and for the website to be lagged behind a day or two. Might kill the big mo.
Product is ready to ship within 48 hours. Distribution deals are already worked out and there will be revenue in the books by the end of the month.
Don't know if you saw my post. Trade enforment hold was lifted today, and the application was sent to the license office. In my opinion, it gets approved today
It means that as an investor I was a little worried when management says they've been approved but then there was a trade enforcement hold on the application. Not for any reason other than the potential for something unexpected might delay the issuance of the license. This was very quickly resolved though and it has been confirmed that the hold has been reviewed and signed off on. I would imagine the license unit is the last step.
Just got this from CA ABC.
There was a Trade Enforcement Hold placed on this application because it had to be reviewed by the Trade Enforcement Unit. I have reviewed this application, signed it off, and returned it to the Licensing Unit. Please direct any further questions regarding issuance of this license to the Licensing Unit.
Thank you,
Lee Riegler
Supervising Agent
Trade Enforcement Unit
How far along are we with our lithium progress compared to others? Last I heard was the next stages are going to require $600k.
I think we will get a nice response pps wise from the whole Tesla thing, especially if their site is close to us. Where ever they choose, though, it's not like we are going to be that far away anyway, right?
That part of our business is perspective anyway. In fact, many would argue that Tesla is very prospective as an investment at this point as well.
I want to know what our inventory of antimony right now is, what kind of price we agreed on with our buyer, what kind of frequency we can expect with our shipments, what the current production rate is, projections on revenue this year, what the status of the mill is, and when we can expect the mill to begin operating.
Lastly, don't forget about Fanya potentially adding antimony to their exchange... I think that will really matter to us.
I would just hate the lithium prospecting to over shadow the antimony progress we are making. It could be a perfect storm for us over the next few months though.
I'm totally in love.
The cost seems so low, I don't see what the difference is. The only acceptable reason they had to wait was because they wanted Dan on the license.
What was the incentive to lie about the license? It did more damage than good. She had bad information.
There's a lot I don't understand about the way that they are going about things, but their game plan changed when Dan got here. So, the bet I'm making is that he was able to secure some solid distribution agreements in the US.
That being said, there better be some details and confirmed shipments within a few days of the license being issued. No more vague information or optimistic time lines, we need details.
IMO, if they post revenues this quarter, as promised in their last video, its game on dude.
Another fallacy.
Even if they come up short, its still a success. I don't think any investor is naive enough to thing this whole process will go as swimmingly as management expects it too. Things rarely go as planned, happens to even the top companies in the world. You need to manage your expectations.
Fallacy.
The timing doesn't change anything about the company. It still happened in a timely fashion.
Had a dream this ran hard last night... 0.168 was the last number I saw.
I hope WWW gets paid over time.
Glad I took a position here... I'm rooting for you all on this one. You might just make me a full believe.
Just wait until it takes off like a rocket when he's gone... We'll be calling him a black cat.
Lol... Just kidding. He's tops.
Forgot my phone at home today and just getting caught up in the boards.
Good day in my opinion. Love the weekly chart. This low volume would have absolutely decimated us a last month. Revenues will get us noticed.
Never in my life would I have thought some POS vodka stock I'm riding would be competing with FLPC on price... We have so much more going for us than most that are worth 3-4 times what we are right now.
I'm long, like a lot of you, but will most likely have to sell at least half my position when this takes off. Just means too much to me at this point in my life.
Good luck all. Let's bring her home!
Here's to cracking 1M volume today!
I think its going to be a good day. Looking for a 0.03 close.
I've been involved in forecasting demand and sales for many consumer packaged goods companies, many in the fortune 500. Their management all have one thing in common, unwaivering optimism. Over estimating demand doesn't define the company, especially on a product launch or relaunch.
Get into stores and then we will go from there.
You set up this fallacy that unless they ship 60,000 cases then they are failures. What if they only ship 30,000? Is that the end of the world?
I don't remember such low volume... A few weeks ago they would have walked us below .02 though.
There was still uncertainty about if the license would be approved. Even today there were people, including yourself, that werent completely sure. Some even made the claim that it had been denied.
Eliminating the uncertainty should increase the pps.
In addition, there is uncertainty about the details concerning the 8 states they are going to be distributed in. If they come out and drop a big name, say Costco for example, that would change the game.
Lastly, the big impact will not come until people confirm that there are bottles on the shelves. The even bigger confirmation comes when people start seeing other people buy it.
I was wondering about that too. I thought maybe you edited the post.
If that chart isn't the epitome of bureaucracy, then I don't know what is.
Told you he wasn't that bad.
Couple holidays in there too.
I don't think we will get that until the 10q. Just my opinion. They don't seem to be in any hurry to tell us anything significant.
They're diluting 3M a week. If it increases the stock price by .0025 then it will pay for itself in three weeks.
You get a group of people that are clearly in this industry and know its potential, it will bring a group of new investors that will mostly be long and not traders.
Thanks for who ever filled my order at .016
Haha... I've been debating on how to pronounce that.
So what are your past experiences with GUGS? It's great to see someone new show up.
Haha. That's the big question.
Its a Pittsburgh thing.