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Hi Bri...Thanks. Very happy to see you're still here! Now, let's get this over a dollar and stay there. No more big dips, they're bad for my health...haha
We should see a continuation move tomorrow. Worst case, flat tomorrow with a big move Monday, but I'm guessing the former is most likely.
Technically we just broke through a trendline that's been giving the stock problems for awhile now and with the volume today it was confirmation of the break...In other words, it is a real move with strength behind it.
Should be testing ATH's in the not too distant future (maybe leading to or just after earnings...or sooner:)...
GLTY and AIMO,
TG
Good to be back, thanks:) Actually never left, been working on some other projects in the futures market and figured KAVL might take a short bit to work things out, so just a short hiatus. Looks like they are well on their way to get this heading the right direction again.
I liked this much better when it was $1+...lol
Won't take too long to get back there...glad to see you're still here.
GLTY and AIMO,
TG
About damn time we got the Circle K and 711 news...lol
I was wondering if they were ever going to officially announce it or if we'd just keep reading about it as sort of an afterthought 5 paragraphs down in some other form of PR.
Nice break of a pretty significant trendline today and on strong volume, so that bodes well for what I'm seeing as an easy move to .65+ in very short order (like tomorrow or possibly Monday/Tuesday) and could very well get us back up near a dollar and possibly rocket us to new ATH's.
Very good news today...
GLTA and AIMO,
TG
An older Next Gen PR and link to Next Gen's website:
Next Generation Labs Announces Commercially Scaled Bulk Production of Synthetic S Isomer Nicotine and the Availability of Bulk Synthetic R Isomer Nicotine for Research
Next Generation Labs
Wonder if they are going to produce nicotine for their own products or start distributing to other vape brands. Could be a very good move here!
Interesting to say the least...Should have a follow up PR tomorrow that will hopefully shed more light.
GLTA and AIMO,
TG
Good news is it looks like this BS is almost over...bad news, we still have a little farther to go. This looks like it wants to get to roughly the .25 range, but this area should, I stress "should" hold strong and launch us back to the area we're currently in and will be the beginning of our turn around.
I'm looking for a sharp recovery after that areas is touched to validate my theory and a close this week that puts in the mid 30's to low 40's (higher is even better). And next week we start moving back to 50's and 60's.
Anyway, sucks to be this far down, but as long as the company is not dumping shares, which it appears they aren't, this will recover! The weekly chart is really the best chart for this stock and has, at least for me, painted the clearest picture from a technical standpoint. And, it's painting me a pretty clear picture now...Hope I'm right, but we'll know soon enough.
GLTA and AIMO,
TG
The 10K being audited is the only report that matters, for their QB listing anyway. So, no their Q's aren't going to be audited, but their last 10k was and I assume their next one will be too.
No company, whether big board or OTC, is required to audit their quarterly reports. They may choose to do it, but it is not necessary that I'm aware of.
TG
This is when this stock will build its strongest base. Where it builds it I'm not quite sure, somewhere over .50 I'd assume. Traders and short term investors (includes investors willing to hold long term, but have a short term mentality) were asking for a lot here.
To expect 100mil revenues from a company that is not a tech company, but sells a physical product, and has only been in business for <2 quarters was setting the bar far, far too high! (No offense intended for anyone here btw, just stating an observation)
So those folks have either sold today and/or are very unsettled at the moment. This is why my number has always been 35mil. Much more realistic, little room for disappointment and leaves lots of room for potential shock and awe.
We will most certainly recover from here...may go lower first...but it will take time for the "weak" hands to get out and the "smart" money to take their positions.
That said, the company has accomplished an amazing feat and the revenues they've produced in such a short period of time is absolutely phenomenal!!! For those that are patient enough, I'm guessing 3rd quarter will reward handsomely imo!
You don't build a house from the roof down and these guys are simply laying the foundation, a strong foundation at that, and my guess is Q3 is where we really start to see some growth. Patience should pay well here.
GLTA and AIMO,
TG
So happy they PR'd this! This will bring a whole new level of investor and build us a really, really solid base in this area to explode from. FDA speculators will be all over this, especially with solid earnings.
FDA speculators are going to be a lot more patient as well, because they are used to years of waiting for clinical trials. Good news for them...this time the wait won't be so long, because this is only a 180 day process.
We are in really solid shape here! Even if this doesn't "moon" (crypto term...lol) this month (I think it will and October will be substantial as well), we're looking at a window that only extends into the 1st quarter'ish of next year.
Very excited about this: Kaival Brands Innovations Group, Inc. (OTC: KAVL) Announces PMTA Submission by Bidi™ Vapor
GLTA and AIMO,
TG
These OTC stocks can definitely mess with your head...lol Yes, definitely let the numbers speak and it will work out how it works out based on those numbers.
One thing is this management doesn't seem to be here to play games and they came in with a solid plan. To me, management is the key to a "real" OTC stock. In this case we've got great management and a great product...
For all others, i.e. the pump and dumps, you just need a sexy story and a great PR writer! lol
Keep in mind, these guys stand to make a boat load of money with the milestones they set up. If they are hitting those milestones that means the company is on pace for some solid revenue growth which stands to make us all a boat load of money:)
We're in good shape as far as I can see and when we look back at the chart, at some point in the future, where we are at now will simply be a blip in a steadily rising share price.
Have a great, stress free weekend!
GLTA and AIMO,
TG
The market as a whole has tanked the last 3 days and we are headed into a 3 day weekend...this is hardly a P&D...stocks go up and down, currently we're in the down phase and soon we'll be in the up phase:)
If somebody "knew" something we'd be much farther down and on much higher volume... everybody is just waiting on earnings.
Nothing to stress over unless earnings miss by a lot. That's why 35mil is my number. Would rather beat low expectations than miss with high ones. We should be fine..
GLTY and AIMO,
TG
I like the weekly for this stock, because weekly (which very often doesn't apply to OTC stocks as you know) tends to tell the story about "investor" sentiment wherein a daily, or even shorter time frames, tends to tell the story of "trader" sentiment. I think we have more investors here than traders.
So right now, trader sentiment is leaning bearish with that break of the 50dma. Our investor sentiment is still in a bullish zone; although, it's on the edge.
We have a lot of downward pressure from the major indices and it's to be expected that some will get spooked here as well, but to not have a massive sell off here, i.e. closes below .50 on high volume, shows that majority of holders here are focused on big picture moves and not so much the day to day.
Good news is all the things you pointed out and for me I'm still looking at the bull pennant we've formed, which is still holding up. From a weekly perspective this has all happened on light volume, which is needed to validate a pennant. Light volume going down, heavy volume going up! (Btw, I know you know this, saying this more for others that might not)
All we need is a huge green candle with a fat volume bar beneath it and then we confirm the break of the pennant...which puts fat :)'s on all our faces:):):)
Next week I'm hoping for a solid break of the low .90's with higher volume (i.e. 1.5mil+, preferably 2mil+) and all will be good. Stellar earnings easily makes that happen.
Have a great...probably too long of a weekend...Got to admit, I'm getting a bit excited to see this Q.
GLTA and AIMO,
TG
I know you were asking Rolling Havoc, but I thought I'd chime in as well...
RSI won't give you that projection, it simply indicates whether the current price is oversold or overbought. In and of itself it is not a reliable indicator and needs other indicators to support it. Either way, it is not a future price predictor.
For future price you'd use more of a Fibonacci Extension and that will vary by the range you are looking for it to extend (i.e. how high price is expected by the person analyzing it to rise in % terms).
Running a fib extension from the low on 7/13 to our ATH of $1.09 back to our lowest recent low on 8/10 you can project roughly a technical move to $1.50, $1.70 or $2.00. This indicator doesn't guarantee any of those and also doesn't limit any of those...in other words, price can fly past all those prices if earnings shock and awe the market.
A big key is technical (what I covered above) vs. fundamental values. Fundamentalists won't care so much about all the technical stuff I covered above and will be more concerned with the OS, market cap, revenues (annualized) and net earnings. If those are huge, then you can throw technicals out the window and it will move as high as buyers value it.
I hope that answers your question...
GLTY,
TG
It's hangin' in there. Can't close much lower on price however for what I'm looking at to hold up, but you're right the indicators have cooled off a fair amount...getting ready for launch:)!!!
As much as my anticipation for earnings, I'm hoping for some updates clarifying their future plans, at least to the best they can at this stage.
TG
I'd hope not at this stage. Let's grind it out tomorrow and get through the 3 day weekend and get earnings after. Too many people are probably eager to get to this weekend and putting out any release tomorrow I think would be a serious missed opportunity for additional exposure. Honestly prefer Wednesday or later of next week.
This is actually still holding up well on my weekly chart and as long as we don't close below about .60 the bull pennant I'm looking for a break up of is still in great shape for a move next week. Strong earnings and it should pop the top of that formation and we'll be in for a nice ride.
GLTA and AIMO,
TG
I can definitely see your side on this and agree that might be exactly the plan, but I could also see KAVL having some official interest in BIDI with a minority interest, which would limit their liability to some extent. Be interesting to see how they work this all out. I guess we don't have too much longer to wait to find out.
I'm hoping we get earnings and soon after a follow up PR regarding the PMTA applications. I guess we may not here about the applications however, because it is BIDI and not KAVL submitting them, but being so closely related I'd think it would make for a very relevant PR.
TG
KAVL could take an ownership in BIDI, whether in whole or part, which is something I've thought was a possibility down the road. KAVL takes a xx% stake in BIDI for raising the money for the PMTA or something to that effect.
I agree with both you and Daiello on this, in part, but I don't see a way that KAVL could front the money, especially being a publicly traded company, without either having some sort of repayment obligation from BIDI or taking an ownership interest.
GLTA and AIMO,
TG
So it looks like the New Zealand version of a BIDI stick will have no nicotine??? Wonder if the site is just not fully developed and this will simply be a secondary offering or if this is the way it needs to be in NZ based on laws or what???
Actually, I'm looking at the web address https://nicotinefree.bidivapor.co.nz/ and this looks like it not the "main" site, but a subdomain. The main site https://bidivapor.co.nz/ still gives a coming soon message.
Be interesting to see what they do with the nicotine free version...
TG
Market Cap updated today.
TG
That's not real time that I'm aware of, so it should adjust after the close or possibly overnight. Should be right tomorrow.
TG
Haha...I bet there's a bunch of folks on the OTC disclosure page just refreshing for like 15 minutes straight after market close each day...lol
It looks like with the new number of users being reported at 250k it's only logical to think we might be looking at 50 mil+ earnings for the quarter...of course, it would depend on if those are direct sales users or from their retail partners, when the number got to 250, etc, but either way or any way, seems we're still growing...
My target is still 35 mil+, leaves me lots of room to be pleasantly surprised to the upside, which I'm expecting to be, and a very limited chance of being disappointed.
Any day now...
GLTA and AIMO,
TG
Yes, it was. Daiello reported at 4:07pm est that there was news (i.e. earnings) and the next day we lit up:)
TG
Lmao!!! The less liquidity, the more powerful they are...I really think there is something the computers dont like about them and it registers as an error of sorts that has to be corrected...danger Will Robinson:)
GLTA and AIMO,
TG
Gaps suck! But pretty much a lightning quick fill as expected. Very happy that gap filled or it would have acted like dead weight after earnings (at least in my expereince)...Now we're free to fly:)
GLTA and AIMO,
TG
Hoping it comes out no later than Wednesday, because we have a 3 day weekend coming up and I'd hate to see the holiday steal any of the momentum if earnings are as good as we're all expecting.
Hopefully all of the OTC Security Details update at or near the same time so we can reflect the new market cap numbers along with the reduced share structure.
Strong domestic earnings with the promise of international expansion and the FDA PMTA submission/approval should send this soaring! Exciting times heading into year end.
GLTA and AIMO,
TG
I think we'll fill that gap from this morning. Didnt get a chance to watch too closely today, but I believe we had a gap this morning that didnt fill (could be wrong. Again, didnt follow the action that close today)...unfortunately, we are highly likely to fill it. Probably why we didnt have as much action today, because the guys with money are looking to buy there.
That said I think it will be lighting fast to fill it much like pandion was suggesting.
I hate gaps in the OTC. The gaps below price fill 99.9% of the time...I dont think the computers like them, so they always fill. Rather fill it now than later.
GLTA and AIMO,
TG
Could come a lot quicker that that. If their domestic earnings shock and awe, then folks are going to factor additional growth domestically and the addition of 4-5 countries to look forward to in future Q's.
The fuse is lit and I think it just comes down to how many investors saw this PR and are willing to do just a tad bit of DD to figure out the extreme potential here.
Monday's volume, regardless of price, will tell a lot!
GLTY and AIMO,
TG
Excellent write up! I'd have to say with their international expansion plans and a QOQ growth rate like you're projecting we are easily in the 30x range...easily!
TG
Some of us even from the .UCRP cent range:)
TG
I like when stocks move and the board stays fairly quiet. When it starts getting noisy and there are a bunch of new names it has always been a sign to me it's time to consider selling.
I don't think with KAVL it matters much, because these guys are crushing it and it won't matter what chatter there is here, because these guys seem no nonsense and they'll let the numbers speak for themselves.
I think we are all expecting those numbers to be screaming from the roof tops pretty darn soon...both earnings and share price!
GLTY and AIMO,
TG
I'm going to look into my crystal ball here and say that the next candle will be very long, very green and very much higher than all the others:) I also see all the squiggly lines at the bottom of your chart pointing damn near straight up!
Have a great weekend...
TG
I think the post I'm replying to is still extremely relevant and there is still a whole LOT to look forward to here.
#1 is now done.
#2 done a little while back.
#3 almost got there with the new sales manager, but there is an even bigger fish I'm looking for:)
#4 May have to wait until next year as their main focus is growing BIDI and who am I to disagree with these guys!
#5 See #4's answer above
#6 Don't know if this will happen or not, but could to move to Nasdaq
#7 Done and still growing...I assume.
#8 Don't know if they will actually PR the retailer or not, but I won't be surprised for a poster here to find them on the self at their local 7/11, CVS, Walgreens, etc...
So check, check and check...Monday should kick off the start to an exceptional finish for the month!!!
GLTA and AIMO,
TG
I would agree. I think otc was only a fallback in the event they didnt get off to as fast a start as they did and needed to sell shares.
Obviously off to a great start and even dropped the "going concern " after their very first quarter in operation. I think a larger exchange has always been the goal and they can back door it, with out all the normal listing bs, by starting in the OTC.
Just happy that share restructure happened now, because if earnings are as solid as everyone expects, then this is going to absolutely fly!
GLTA
TG
About damn time! Lol...now we roll!!! Fat earnings and a tight share structure....BOOM!
Too funny! I posted the other day about the effect of a strong marketing focus on even an inferior product and how in my opinion Corona was a crappy beer, but had a tremendous marketing team! Resonate on the other hand appears to have both an excellent product and a tremendous marketing team!
Anyway, here is a paragraph from that article you linked to:
Absolutely! A bunch of Hollywood money. Not talking just actors and actresses, but producers and financiers...I'm sure they've hob nobbed with plenty of wealthy potential investors in the past. Raising the money should not be an issue at all!
I firmly believe we'll have a big name endorser near the time this launches too (Owen Wilson, Ashton Kutcher, etc). Obviously don't have the cash, so it will probably be a work for shares thing...sort of the William Shatner of cannabis infused drinks. I easily see this being a viral/trendy product that catches on very quick!!!
TG
It is too funny to me that some think that a guy that was a high level VP for Disney and the lady that used to run...RUN Pixar are here for crappy 100k a year incomes. So simple to read between the lines here...
100 million market cap and they get PAID!!! Then they sell the company for bookoo bucks and really get PAID along with everyone else that owns shares in the company...Very simple!
GLTY and AIMO,
TG
Good luck to them...NOT gonna happen...lol I and another have been taking what we can even at the ask...Sub .15 is cheap!!! Figured that seller would dry up and then we'd move up fairly quick once those were gone. It is looking like that time might be now!
TG
That was my guess too...When they said units it threw me at first, but it looks like 40 units of $25k each at 8%.
TG
Honestly, anyone that had the money and wasn't loading in the single digits and/or here in the teens is going to be kicking themselves real soon imo. I was hoping for more and when I can free up more cash from another play than I'll be loading the boat more than I already have.
Goal was 1 million, but for now I'll have to settle with a healthy six figure position. Soon...dollar plus on our way to multi dollars!
GLTY and AIMO,
TG