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Bought more VATE
Happy Thanksgiving all.
Happy Thanksgiving all! Enjoy some tea with family:)
Cheers
I spoke with RM about the risks when I last visited. He was not concerned at all. As a matter of fact he felt that the longer it takes to get approval the more entrenched VATE will become in the market since the "big boys" won't launch until then.
It does appear that the FDA is simply reiterating what they have already said a few months ago, in order to buy some more time. It may delay our ascension but will only create a bigger mania when the freeze ends. The pressure is building big time for action. I have no doubt that we will prevail. I am betting big that I am right.
GLTA
Added another 200k VATE.
Excellent post! You are right on target.
Thank you USMC
Good to see you back Verax
I agree. The CBD train has left the station. Their only option at this point is to offer guidance.
Bought more VATE this morning on the dip.
GLTA
Good morning Calbs and all
Team- IPA should at least get Sleek an honorary PhD. If you haven't read it you should. For those that have it's great to reread.
Great weekend all!
Sleek, I think your original post of IPA should be reposted on each board for those that are new to the Salami.
I too have more VATE than ever before. This downturn will be looked back on as a major blessing for those of us that took advantage.
This is so exciting. You are correct Erpy. Soon the world will know VATE. How lucky are we to be here now.
GLTA!
Many more stores to come
Good morning
It is obvious.
This sums it all up perfectly! Thank you Sleek.
Good morning Sleek and all.
We are getting close.
Erpy- do you have PM?
My messages are being deleted by one of the negative folks. Let me know.
Thanks
Another solid quarter for VATE. Looking forward to seeing if we get a blowout Q4 to break that $1M number for 2019.
I know that was the goal.
We should get guidance from RM now that numbers have been released.
Cheers
FDA regs will bring much needed clarity. It will be fantastic to separate VATE from the MJ and Hemp sectors. They are acting as a major drag right now.
It will sure be nice when the Salami distances itself from the MJ and Hemp sectors.
I believe the FDA announcement will take care of it.
Good luck!
Now or later. It will come. And we'll be ready.
Cheers
Bought more VATE
Reasons why I am committed to VATE:
Nearly two years ago I bought into VATE due to the promise of hemp coffee. I tried it and could immediately tell it was a great tasting quality product. As I investigated the company in more detail, I began to know Ryan Medico. Ryan is a young, aggressive, intelligent and ethical CEO. His education and background in accounting and finance sets him up perfectly to navigate the shark infested waters of business and OTC. He has developed a business plan that allows him to systematically move the company forward and yet flexible enough to adjust to the unknowns that we all are painfully aware of, including; banking, credit, CBD regs, interstate commerce, Amazon, etc.
As it became clear that the exponential growth we all desire was to land on CBD, I contacted RM and scheduled a face to face meeting with him last February and again in September. During our discussions it was clear that he had the vision and temperament to make Elev8 a success. He informed me that he was to be launching CBD RTD coffee and tea, which he allowed me to taste. The flavors were fantastic. They included; peach, lemon, green tea hibiscus and CBD iced coffee. It was immediately clear that he had a winner.
Since then he has made the investments necessary to grow the business as aggressively as possible under the current regulatory climate. VATE is now able to produce the coffee in house with the purchase of Blessed Bean. The investment in BB has opened the door to new offerings like single serve coffee, numerous new flavors, as well as a lucrative whitel label busines.
Due to the amazing acceptance of the RTD tea they are now increasing their focus on that market with the launch of the additional flavors of tea. I expect those to hit shelves by late November/early December. In addition, with a good Q4, VATE could crack $1M in revenues for 2019.
RM has also been extremely judicious as it relates to the packaging and promotion of the current product line and any future offerings. It is common knowledge that the lack of FDA guidance has made the business climate extremely challenging. Only those companies that have taken baby steps and have made every effort to “dot all the i’s and cross all the t’s” will stand a chance. I believe RM has done everything possible to ensure success. Until the FDA is crystal clear we won’t know for sure if RM nailed it but I believe he will.
I have made no bones about my commitment to VATE. However, it goes far beyond what you all see on paper. I have gotten to know RM and I believe him to be as committed to the success of this company and to the shareholders as anyone I have ever met. In order maximize shareholder value he has kept the staff to a minimum and is working 80-90 hours a week handling many of the business functions himself until they hit the proper inflection point. This is the main reason press releases are limited. He is simply focused on executing the business. I have been an executive in business myself in the tech industry and retired after 25 years running global sales. I know what it takes to succeed in business and Ryan Medico is making all the right moves.
If you don’t want to take my word for it then go to Orlando and meet Ryan for yourself. Then let me know your thoughts.
If I am wrong I am out a significant amount of money. But... If I am right then I am at the beginning of something magical!
GLTA!
Good morning oraora and all! Is this our week?
Picked up more VATE today under .018. very happy
Usually can pick up chunks of shares but not lately. AON from now on with these low volumes.
I put in a bid this morning at .0175. they sold me 100 shares! Bastards. That is the second time I paid a commission for $1.75 in stock in a week. Someone fill my order please:)
Good morning all! Our time is coming!
Good morning team! Is this the week????
Enjoy the weekend. Next week will be awesome!
Warren Buffett has a saying about the stock market and investing in general: “Be fearful when others are greedy and greedy when others are fearful.”
Hang in there.
As thin as this has been trading can you imagine how this is going to explode once the buyers jump in!
Soon. Very soon.
It is very fun to listen to some complain incessantly about dilution on one hand, then bash RM on the other for not investing enough in new products, marketing, distribution, etc. Growing a company organically takes time. The first million takes a lot more blood sweat and tears than the next $20M.
VATE is executing nearly perfectly, especially when one considers the current conditions with respect to the FDA, banking, etc. Navigating through these waters is complex and takes some intuition as well. Seems to me that RM has it all covered.
VATE is the only publicly traded RTD CBD coffee and tea company. A big head start on the rest of the field means big wins for those of us patient enough to wait it out.
Cheers.
I believe it began earlier this year with the announcement of CBD RTD tea and coffee. Revenues are beginning to grow exponentially and with the availability of banking, credit card processing and upcoming clarification of the FDA, growth will accelerate even faster. VATE may even exceed $1M for 2019.
The sector sucks overall right now. That is the primary reason the pps is so low. Once the fog has lifted the diamonds will thrive and IMO VATE is the shiniest diamond in OTC.
Cheers
This is a fantastic time for VATE. RM is making all the right moves and executing the business plan. I believe there couldn't be a better time to be buying VATE than now.
For those that bought at higher prices, hang in there. Even those levels will look like big time bargains once this gem is truly discovered.
Believe me, I have put my money where my mouth is! I have made the effort to get to know RM personally and see his operation first-hand. I have not made my decision based on pie in the sky OTC BS claims. Elev8 is for real.
GLTA
Welcome aboard! VATE is a winner for sure.