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I don't want to get my hopes up either. I have a lot of shares. To me the make or break point will be how successful the launch will be. If they can execute and land some major distribution channels then the sky could be the limit imo. It will be interesting to watch to see how this new PR firm promotes the product too. I will be happy to be at .05 by end of year anything else will be gravy. On dips I continue to buy and don't plan selling anytime soon.
I added more in the 6's. I hope we never see them again! Nice pop up today with no news or did I miss something?
Wish I had more, currently I have only 350,000 shares. Hope to buy a little more on dips.
My favorite line:
"Coffee Creamer is a 3B market. The thought of vitamins in my coffee makes me hard as a rock!"
so that is what Pitman looks like rofl!! Every bit of it so true. and of course my disclaimer IMO. Will continue to buy more at these levels. Great and brilliant video!!
why is this huge for mine?
If this takes off I am hoping for more then .27 cents, but I would be happy with that too in 3 years. I am picking up what I can. I added 50k today and in a couple weeks when I have more funds clear plan to do the same.
Just picked up a little more today. cool video :) We need more like this. They should do some side by side taste tests lol... And definitely one when the Vita Fizz hits the production line.
I agree, the production video is great, we need to sticky it.
awesome!! would love to see a similar one for Vitamin Fizz
Right on. I had thought from previous PR's that VGPR is Biochars Now sales arm which now has 'exclusive' rights to sell its products. That was the whole point of the latest acquisition. That is why I was thrown back and a bit shocked with the latest press release stating they are trying to raise 1 million dollars to increase production. How can they do that if they are sales and distribution? That statement alone makes me step back a bit and wonder what that private placement is going to be used for. I doubt they are just going to give it to their manufacturer (BioChar Now) out of the goodness of their hearts. IMO that press release should have never gone out until details as to how the funds are actually going to be used, and what affect that private placement will have on us common shareholders.
If someone can help clear up the confusion it would be much appreciated. I think all of us should be on that conference call and make sure we ask the tough questions like this.
I agree, the last PR made no sense to me. I thought VGPR was a distributor, not a manufacturer. With that said why are they doing a private placement to increase production? Shouldn't the manufacturer Biochar Now be doing that? If they have a deal in the works to acquire or own a share in the manufacturer they should wait until that is solidified before that last PR. As you said, it confuses people and look at the results. People are losing faith in them. I still own a ton of shares and that conference call will be a make or break for me.
I hope James Gaspard is part of the call. Not sure a lot of people trust Michael Molen anymore, otherwise people would not be dumping. This company has so so much potential. I think the current price reflects how much faith people have in the current management. The PPS share is just crazy stupid. Never thought I would be a bag holder here, but I am a big one now. IMO.
Please help me understand, that PR is very confusing. VGPR is a distributor not a manufacturer.
According to the PR:
"As a result of the amount of interest we received from potential investors and financial institutions, we have created a Private Placement Memorandum to raise $1 million for the Company. The funds will be primarily used to expand the production capacity for our biochar product. We want to make sure that our production capacity keeps pace with sales."
Will they be building and manufacturing themselves? Will there be a joint venture with Biochar Now? Will they buy them?
I doubt they will just hand over $1 million to the company that manufactures the product.
IMO press releases like this confuses and can hurt a company more then help. They needed to wait until they could actually announce how the $1 million is to be used.
I would also guess that those who invest in the private placement will get priority over future dividends and profits before us common investors. What are the details of the private placement? Wont that hurt the PPS?
Hopefully we can get some clarity.
I can't think of another reason, but I doubt they will just give the money to Biochar Now, LLC for another production line. Right now VGPR is just their distributor. Hard to say, maybe they are looking at some type of joint venture or ownership in Biochar Now? Thats the problem I have with most VGPR press releases, it opens up more questions then answers them. In this case I think they should have not published this press release until they can go into more details. It makes me a bit nervous what people might interpret.
Same goes true for the BioChar press release. I have yet to be able to find anything about with ECEM Salzburg Energy and Environment Consulting GmbH. If they did get a firm detail worth $57 million I would think a bank or lending institution would lend them enough funds and working capital to get their facility in SC up and running asap and they would not need to do any private placements.
Yes I do own a lot of VGPR and want them to succeed. I just feel we need more substantial details as shareholders.
What I am confused about is if Biochar is produced by Biochar Now and VGPR is a distributor, how is that $1 million dollars going to increase production? Will they be buying a stake in Biochar, producing themselves? And is this is a private placement won't this bring down the share value as I am sure those who buy into the private placement will get first dividends first etc? All this is my opinion. Please help clarify, like other PR's from VGPR this just adds to the confusion where the shareholders really stand.
I agree with you 100% and will keep on buying on dips. My only fear is that because idiots have helped drive the PPS down, celebs will shy away from any deals or want more shares, thus diluting it even more. I just hope any shares given to celebs or others are restricted. They need an incentive to help promote and move the PPS up. All this is my opinion only.
I hope so, a perfect buying opportunity! I am snatching anything I can at these levels. Once news and the launch hits I doubt we will ever see these levels again. IMO.
How do pink sheets and OTCQB work? Does MINE run a risk of losing its OTCQB listing and going back to pink if the PPS stays sub penny?
I bought more today too.
What news if any is coming up for $MINE? I have been gone for a few days and nice to see the dip where I can snatch up some more. Any idea on when they will announce Celeb endorsements? Any sales updates? Lets talk about some of the positives lol.
I am not even close to being afraid. While I could not afford to buy millions of shares of this I will still be happy to watch this take off. Maybe I will be able to pay for some of my student loans before I retire in about 15 years. lol.
Any new news on Celeb endorsements?
Great email. Do we know if those preferred shares that will be given out to endorsers will be restricted? I would think we would want them to be incentivized to do a great job endorsing MINE and not just to cash in their shares.
I agree, an the fact that the preferred shares are restricted with a twenty four month holding period, tells me that the investor has lots of confidence in VGPR. just my opinion.
What big things have you been hearing?
I am still new to stocks lol. Can you help me understand this? Are they reducing their authorized shares or their outstanding shares. Is this a float reduction? What will their share structure look like after this reduction?
umm, this so called turd seems to be sprouting green lol.... Lets all see what happens in the next couple of weeks. I can't wait for the next press releases.
What is the best way to reach him with some ideas?
Great thoughts Beamin! Everyone needs to listen to this and do their own DD. There was nothing new here except I was very encouraged the with the amount of cash on hand and that they have enough for 31 months of continued operational costs. What I am watching very carefully is the roll out of vfizz. I am patient.
Stocks go up, stocks go down. What are you basing this comment off of? You have impatient people that bought based on lots of hype here last week. For those that believe in the company and not here to just flip, this is a great time to load up a little more. I for one am holding tight. All this is my personal opinion.
umm, imo if any of this were close to true the SEC would have shut them down a long time ago. They have halted companies for way less it seems. As for me, I will continue to try to buy at these levels.
Lets Rock today!
and don't forget, they can now purchase product at a nice 40% discount. I see green $$$, and for some reason if it does not bounce on Monday I will hopefully be adding more.
What has me a little excited is Weedstock is coming up and they will be a gold sponsor their and have a room do to presentations etc, not just a booth. They should get some good exposure imo.
Yes I completely agree. Like you I am not worried, and not worried about the dilution. I believe everyone that was listening to the pot stock radio show heard that part of the purchase was partly with stock. And I believe that I also heard that stock was restricted. Am I wrong in hearing that? What I don't know is how long the stock is restricted for. If someone could find that out it would be great.
So what that means to me is Mr. Molen is concerned about growing the business and the shareholders, or the stock would not be restricted. It is in everyones best interest to have a higher pps, but in doing so the biz needs to grow. This deal that was completed is a big step and truly IMO puts VGPR in the drivers seat with the 'full' potential of the product. I just hope that manufacturing will be able to keep up once the orders start coming in.
So was I upset to see such a big price drop? You betcha. It really hurt and I was very attempted to sell everything. Then I calmed down and looked at the big picture and I over doubled my position in the last couple of days, adding a bit more today and getting a sweet deal near the bottom at .0042.
One thing I wish that I could convey to VGPR is imo, they really need to do clearer press releases and more often, and to make sure it is distributed everywhere. It did not show in my etrade news. Too many press releases is a problem, but too few and not keeping shareholders more up to date will also bite them in the end. I believe there were opportunities here to make the message a little clear. imo.
Well the last couple of days I had huge ups and downs, but in the end decided to stick it out with VGPR. Everyone needs to make their own decisions do their own DD, this was just mine.
This is very huge imo and truly opens up the door for being able to supply the full potential of biochar!
That is excellent news! Has there been any talk about buying back or retiring shares to increase the PPS value?
I agree with you 100%. Someone had to take responsibility and pay the price and he did. Something like this should have never been put out till the deal was inked and signed by both parties. I don't believe this company is a scam and hopefully will buy more once I feel it bottoms.
Loving it all!