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.005 is crucial to their goals. Management will make it happen. IMO.
You don't open up a cannery in a pump and dump scam. KEGS will be one of the very few stocks to escape the OTC with a good reputation. IMO.
Updating the share structure regularly since the selloff is by far one of the best things management has done. Puts so much negativity to rest. It also keeps them in check as well. And goes a long way in helping everyone concerned.
.005 is crucial to them. My opinion, and this is just my line of thinking ,is that the offering is already sold. But the share price has to meet the the offering price for the deal to go through.
KEGS share structure updated again on 1/17/23. No changes and no dilution.
Final post for me here. .0009 close is fine. Again, good day here. Nothing to be crying over.
Unconfirmed but sources have told me that management plans another OS cancellation on top of the AS cancellation at .005. That number is super critical to them. Lots of things hinge on it. But they need to help it get there IMO.
Beats the hell out of trip 4s.
.005 is where the magic happens. What's management going to do to get us there? Obviously it's going to be big. We'll see.
Today is a good day here. No price drop and it's going near to where it should've corrected to. And yes, nice steady climb up. The last thing we need is another pullback after an uptrend in PPS. I'd much rather bounce around here for a minute rather than climb up and have it taken back down again.
The next time the PPS climbs up, it needs to stay there. We really don't want another repeat of last week. For now I'm totally fine with the action here today. It's strong. Big things coming. Sooner than most think.
Lot of 8s on the bid. Going to have to move them up eventually.
Since everything has reset here, .0007-.001 should be the range until a business related PR hits. I definitely will be shocked to see it fall below .0007 for any length of time. A .0009 close today would be a bullish. IMO.
Agree. It was oversold. PPS should've never fell back into the trips.
Management's going to need to simply continue business, The more they produce, the more traders will.
That happens at .005 and above. Management should have some things coming out to push it up there soon. IMO.
All KEGS needs to do is get good press with competitions and wins. And notice this one happened in Chicago? Seems like they're branching out now into competitions outside the NY region.
Think this isn't going big? Huge things coming here.
Their mistake is thinking there's going to be a push for a huge selloff like a pink scam.
KEGS wins another award, Press release 1/17/23.
https://www.accesswire.com/viewarticle.aspx?id=735356&lang=en
Also this.
"Finally," Mr. Scozzafava concluded, "as it relates to other matters related to KEGS public marketplace, as always, we keep our eyes on per share value and its impact on adjustments management may make as a result of that value. Simply speaking, if KEGS share price appreciates the necessity of five billion shares of authorized stock diminishes. Hypothetically, for the Company to raise $10 million at $1.00 per share takes only an issuance of 10 million shares and so on and so forth. I can assure you we are keenly aware of where KEGS share price is and where we hope it is in the future so that such structural adjustments can be made."
Definitely not that many in one day either. SP was trending up for 6 days. If they did sell, it was during that period. All I can do is guess at it. But one thing I am certain about is people want shares here. IMO.
We're about to have less AS. Nevertheless if one private investor who is responsible for the canning line becoming operational is cause for panic, then why are some here salivating at buying cheap shares? It's a pump and dump and sell me cheap shares at the same time just doesn't jive. IMO
Explain the 900 million plus volume if the one debtholder had 700 million shares. You think they sold them in one day? Cross trades happened. No active pump and dump scheme IMO. No dilution to the share structure.. If indeed someone did sell out, good for them. They held private shares. No one can control what they do with them.. Again, no one is giving out a reason for a bloodbath. And finally I hope management puts out a statement concerning this.
And yet no conversions have been done.
Why is there going to be a bloodbath? Over an investor selling shares last week? They made money? Good for them. They're the reason the cannery is up and running. Share structure is still the same.
Cross trades are planned. That's why they can happen under the bid. Notice when they go through 1 tick under the bid, the bid always recovers back quickly? Why is that?
A lot of the volume during dump day was meaningless. It wasn't going between actual buyers and sellers. It was made up to start a selloff and continue it through the day. Swapping cross trades is in reality meaningless if you're in a group that's behind it. Maybe you get more views on social media. Or the action has become an addiction. Who knows. IMO.
Cross trading to each other isn't selling. They're merely swapping. Back and forth. And you don't need that many shares to do it with. What they're really after is weak hands. That forces the PPS down even further. And allows them to buy in cheaper. No reason for the selloff to go down like it did. None. A correction was due. But not to the extent to which it did. IMO.
Who updates their share structure on a holiday? 3d chess master management is. Have no doubt where this is headed. None whatsoever.
KEGS share structure updated today. No changes. No dilution.
https://www.otcmarkets.com/stock/KEGS/security
Oh and on 1/16/23 the share structure was updated. No changes. Forgot to mention it. My bad. Man that's today. Oops.
https://www.otcmarkets.com/stock/KEGS/security
The only way it drops is if the clown brigade goes to work. Claiming weak hands still exist might work in a week or two. But news will hit by then It's way oversold. IMO.
Well OK if you say so. Let's do the math then. 14 million dollars divided by the restricted share count of 643,027,396 is .02. That same 14 million divided by the unrestricted share count of 2,927,779,161 is .0047. And finally, 14 million divided by the entire OS of 3,570,806,557 is .0039. Tell me again how they're selling down here with no dilution and expecting to get their money back?
And the reason we are at .0007 right now is............? Weak hands are gone. IMO.
But this isn't a swampland play.
I'm well aware. But the problem is that the more people bidding low, the less chance they'll get shares. Hoping to get .0004? I wanted .0001s too. But 2 plus bil on the bid prevented that from happening. When it was silent and tumbleweeds were blowing all around. IMO.
You got news. And AS reduction and no changes to the SS. Fake selloffs is what you're counting on to get in lower? Yet prior the PPS was holding strong. On its own. It's oversold. IMO
Don't think it goes down. Who's going to sell them? Many bought in the .0008-.0009 range. Many who bought .0002 already sold. They couldn't drag it down more successfully and keep it there because of it. You might see .0006 but not for long. Most of us still holding .0002s aren't going to sell at these levels. No reason to risk it. And if no conversions are going through that means there won't be much selling. We'll see.
Cross traded. Not dumped. There was nothing that day released by the company to spread the fear. They Tweeted an AS reduction tied into the PPS. That doesn't cause selloffs. But cross trades under the bid will. IMO.
They succeeded because they could hide behind actual dilution. Or bad news. What happens when there is none and yet the PPS drops on almost a billion traded? What's the clown gonna say then? IMO.
900 plus million traded in 1 day with a huge PPS drop and no changes to the share structure. LOL now that's messed up. And where they're messing up. IMO.