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Looks like the board needs to put their money where their mouth is. Lol.
Not hating...simply an observation
You really think this will go back to $3 a share....really! Come on man!
Well that’s frightening. I thought this company was on a fast track to international growth
True. But their desire is to make money margins at every level. Farm to retail allows for lower costs if they decide to create their own product line. If they choose to collaborate, then they will make money on the supply side of the deal as well as in a potential partnership with retail sales. Growing and infusion opens the door to a wide variety of CBD uses. Straight up CBD oil is not essentially the prize here. Just like sugar is not the prize when looking towards the sale of soft drinks. The brand and the use of that specific ingredient is what will sell. CDB oil in itself is useful but not tasty. It will become an ingredient in a multi billion dollar retail beverage space.
What will very likely propel YGYI is infusion of their very own CBD product in a specific line of coffee, water, soda, or alcoholic beverage, where they can be the supplier and innovator in collaboration with a major brand. They also have distribution channels to provide their own CBD product line. I assume that is their goal and should generate huge revenues if they can execute their plan quickly and efficiently without further diluting the stock.
Good afternoon my man.
And to further your point about the tweet conspiracy, Elon Musk did something very similar not all that long ago and boy did he get a firm talking to by the SEC as he smoked a doobie in his $500,000 electric car. lol. I don’t think a tweet from a CEO of a company that trades on the grays is going to get all that much attention from the SEC.
I had similar concerns, they are real, but it’s clear things are improving and progressing. Logical questions that don’t have definitive answers. That creates the gamble.
The shareholders will need to have full trust in the CEO in that he will do the right thing should a large settlement be awarded. Retroactive compensations and start-up funding are real monetary dedicated issues. Things look far better than they did 6 months ago. No question that a lot has to go right and there are plenty more hurdles and surprises to come, but there are far more outlandish stories that have made millionaires out of regular folk.
As it is, this is clearly a risk reward play with semi reasonable odds, simply because of the low float and that current and recent actions in the suit and stock are real. Love it or hate it, this is an interesting story. A front row seat in the courtroom would provide some clarity.
Better that than the brass issuing themselves shares or internal compensations with stock. Not sure the SEC would agree, but hey corporate America will use all tools in tool box to avoid regulation.
No wonder there is no money left for the bottom line. I’ve said forever the internal compensations are ridiculous. Let’s tighten things up!
Jason Bourne. He doesn’t exist.
You’re growing on me man. I’ll let you you know how my NCAA hoops 6 teamer ends up tonight too. If I can hit that then SECI will hit $1000 by year’s end. It’s a lock!
If you’re dropping dimes on NBA O/U’s, you are a true gambler. No wonder you like this play.
My entire portfolio is full of high-risk high-reward plays including bio-tech, cannabis sector plays, triple bull and bear precious metals ETF’s and now a little SECI. I’m sick in the head. Not to mention I fly to Vegas half a dozen times a year to drop big change in the Wynn sportsbook. Haven’t been on the right side of Brady’s ass in a super bowl yet. Go with him, he dumps the spread. Go against him and he jams it up my a$$ sideways. The Seattle and Atlanta losses cost me a big house on the beach. Should have won em both. Heartbreakers man. Let’s hope SECI doesn’t treat me like good ole Tom.
Gotta admit its got a nice ring to it. Let’s roll.
I usually start by bidding down then work my way up to $8 which seems to be the number that gets a hit. But why night try lower first. GLTY
Online limit order. 150 at $8. Executed in less than 30 minutes.
150 purchased by Mr. half empty
Lol. I’ll take it.
I’ll agree to agree my man. You do a lot of work for this board. I like to have a little fun and was seriously skeptical of this thing turning around. I will be the first to admit that. Still some big hurdles ahead.
If this somehow does what’s anticipated, I’ll throw the party in Vegas in one of the Wynn villas.
And btw, my name just so happens to be RIco....blind fate is as good as blind optimism. I’m a gambler and this is looking to be a pretty decent risk reward play.
Just put in a limit sell order at $7 and they will be gone. This isn’t rocket science guys.
I’m not sure all houses are gaining access to shares. TD must have the ability to do so. I’m not doing anything other than limit orders and am getting real time trades with price movement, so SECI is trading for me like any other security at this point.
Lol. I love the rhetoric. All I’m saying is that this guy is trying to sell shares for $7 when people are flat out saying they will pay $10 all over this board. Seems silly to have to ask. Hit the sell button and they will be gone.
Btw. I picked up 250 shares the last few trading sessions with zero trouble getting those shares thru Ameritrade. So half empty is a buyer.
This whole board is full of takers....you should have no trouble dumping them unless they are all full of hot air.
Ameritrade @ 8.16 showing 299 trades.
Seriously??!!! ??????
Just having a little fun debating your call. You sounded pretty confident so I was wondering if you knew something I didn’t. I’m sure the run will come should litigation play out as anticipated. I feel any solid move is quite a ways down the road is all.
As you can see there are still plenty willing to sell at $8 a share.
That’s very good to hear from the horse’s mouth.
That’s more realistic.
That is realistic and probable. Representation percentages I think will be higher, but either way it’s a huge possible payday for all involved.
My other concern was always that the CEO and others within the company brass would be heavily compensated due to hardships, back pay, incentives and distress. Improving share price clearly makes them wealthy by participation and association.
Still a lot to digest.....
That’s always the concern...Funding. Starting back up. Issuing shares for service and capital is common. That’s dilution. I’m not saying that will happen, and doesn’t look like it will at this point or any point in litigation, but it certainly is on the table and may be their only leverage at some future time. I’m not bashing...simply considering all possibilities.
I had no problem getting 100 shares thru TD. Took two hours to fill and was near the end of the trading day but ultimately got them with a limit order at $8. Simple as that. If shares are available, TD will find them for you.
bids...
I hold 150. I’ve put in bits for less than $8 and that haven’t filled. I may buy more. $8 certainly appears to be the number at this time. I believe in the crapshoot at this point, but know this could go so many ways.
You have to hold on to some skepticism, for this crazy and potential outcome lies in the hands of lawyers and a judge.
Amazon is certainly a different story. I held 2000 shares of amazon back in 2003 ish and sold near $28, if I remember correctly. Sick to my stomach now of course, but that was forever ago.
This story has near-term, hard-line profitability potential, if you truly believe in the lawsuit, the IP, and the outcome. Either you’ll make a $hitload or you’ll lose it all. Odds are beginning to swing to making a $hitload, so why sell now? That’s all. Betting on amazon was an investment that took decades to come to fruition, this will play out very soon with exponential potential. GLTY.
Seriously. Probably held the stock for years and deemed it worthless. Now all the sudden a huge payday is on the horizon and they are dumping for hundreds vs tens of thousands!!
Simply saying I don’t know who would need the money that badly without taking some risk here after holding a stock that was all but written off in their portfolio anyway.
But ok....have it your way. And yes there are some buyers which has made a real readable share price near $8.
Lol. So many dumping shares in need of money. Interesting when holding a couple more months could gain 5, 10, up to 20 times the current SP, at least according to those in the know. ??? I mean I’m skeptical too but .....
Seems it would be worth the wait?? I guess some aren’t buying into the story line.
Looks like a perfectly timed entry. No jinx
Ameritrade is finally showing a value on this other than zero. Posting a real price of $8 a share with 516 shares traded. That seems relevant.
Sellers, I guess, see this as their opportunity to get out with uncertainty still looming. Whereas prior selling for a reasonable price was pretty much impossible. Buyers propping the share price to $8 which seems to be the resounding number to get some. Interesting action with so few shares available.
All good. We need some consistent volume and stock strength.
I’m not sure if the fear is in the way the shares are held, the MLM aspect, or if the street and institutions don’t trust Wallach.
The recent news and real sales should have us much higher with some stability. Time will tell I suppose as real numbers come in to support the hype. Fingers still crossed.
16 and change average.
In the same boat yes, but I was in the engine room of the titanic, you were on upper deck hanging out with the orchestra waiting for your dingy.
Things are certainly looking up. Real comments from the CEO that appear to be shareholder friendly. If he pays it all forward and rewards shareholder patience and loyalty, certainly the upside is significant. He’s really speaking to $1000 a share, wow, his words not mine, so who knows. If that’s what he sees as a number to reward his shareholders and get them whole, then maybe that’s his target number fight and committed goal.
Still not sure how it will all play out, but he appears to have shareholder’s interests in mind.
True dat. But the bigger argument revolved around whether or not gold was at that time in a bear market pattern or a bull market pattern. This set-up now looks to be the latter.
Had I took heed and bailed instead of averaging down, i would have saved myself from tying up nearly 100k waiting on a reversal. It appears to be finally here, but I’m still under water and I made the mistake of reducing my position below seven, which now appears to be a huge mistake. If I get out anywhere near even, I’ll count my blessings.
On the flip side, I made a boot-full during the cannabis rally, so it’s a win in one sector, a loss in another.