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Which is funny because we have zero MJ exposure in this ticker...
Another thing weighing us down is if CVSI is included in any of the MJ-focused ETFs or mutual funds. The decline in those funds can spell a decline in CVSI if we are a holding of that fund...
Both a matter of time.
The only thing I have seen work is by beginning to buy up the ask-wall. The MM tend to remove the wall, let the buying pressure come & fade, then put up their ask-wall again...
Its likely a combo of shorting & ask-blocking.
GLTA & GLTCVSI
lame
This is the OTC - not too many looking for long positions here. These MMs are feeding off the trader mentality.
It's belief in the company & adding thru panic sells (AKA share raids) that will eventually break this routine.
They don't need to short right now. watch the level 2 - as soon as we are super consolidated, NITE & CDEL will put up a 10-20k share on the ask, knowing impatient traders will sell slightly lower than ask, putting downward pressure on the price. Weak hands sell into the ask-wall and cause a drop, then CDEL & NITE buy the shares low just to throw them all up as an ask-wall at the next critical level &start to process over again.
Rinse & repeat until all the weak hands are gone...
I'm buying chunks of the large asks when I can determine its NITE's blocks.
GLTA w/ play your own rulebook.
Zero worries. Gold formula is decarbed & distilled. Literally zero impurities at that stage.
Just do a quick google search of "what is decarboxylation and distillation"
If you have been keeping an eye on the verified share count like many of us, you would already have your answer - Which is a complete and total nothing-burger.
Price is what you pay. Value is what you get.
I think we are at a very valuable SP all things considered - So much so, I am putting my money where my mouth is.
PRs do not move stock prices. Buying & selling of the stock does.
The MMs flipping blocks routinely every day do not rely on PRs to determine when/if/how much a SP should move. Its supply & demand mixed with some additional variables. Prices move every day without PRs. The company should not be concerned with the day to day fluctuations in SP. Nor should they have knee-jerk reactions to release fluff PRs just to influence the SP. They should be focused on growing the business, increasing revs, decreasing costs, and increasing EPS.
This is the OTC - Its filled with short-minded Traders who behave like Traders
For the weak & worried: The markets overall tend to have sellers into the weekend. We dont need any PRs from the company for a move in the SP.
The reason for the large drop recently was not simply shorts, (sure they were involved & certainly are trying to cause panic selling by flipping 10k - 20k blocks between themselves to mess with techs) - It appears to be caused to a greater extent by weak hands panic selling, vape crisis, patent denial, mona tax liability, and some other fears that was being spread. See the following short report graph Here - OTCshortreport
This opportunity for the strong-willed, gave them the chance to add this company, as it reached its 200 Weekly MA
The RSI reached its lowest point on the monthly & weekly timeframes, and the daily has only seen the RSI that low 3 times over the life of the company, 2/3 were back in 2014, the highest of the lows taking place just the other day.
Trade based on your own research & intuition. Trust yourself & no one else. Follow your own playbook.
11m of the options were tied to the development of the drug CVSI-007.
Hope delay of 007 (or better yet, no 007) will mean a delay or possible cancellation of 11m options.
You can find this in the last quarterly filing.
I bought some competitors CBD to try & it tasted terrible. It also looked nearly identical to another brand I had at home. Appeared to all be from the same manufacturer but with different labels on the bottle.
I drove to Fresh Thyme in MN to buy my last batch of PlusCBD. This store had greatly expanded their CBD offerings, but PlusCBD was still on the very top shelf, in a locked glass case with Charlotte's Web's products in the same case, but on the shelf beneath. Sales clerk said CV & CW were both the top selling, each by about 50%. She stated CV was by far the best seller in the past but right now she sees about 50/50 between CV & CW
FWIW
Give it Bid support rather than whacking the Ask. Bid support will hold the gains & help us break thru these resistance points.
always expect the retrace.
They short a 25k block at $2.70 & cover it 10 cents lower at $2.60
They are playing with fire lol
flush of the weak hands is complete. Stronger hands aren't going to risk selling for a quick flip. No matter what the bears want to say, we know we have a LT winner.
Citadel(CDEL), Canaccord Genuity(CSTI) & VITRU Americas llc (NITE)
all flipping blocks of shares to one another while trying to accumulate:
Easy to see on the lvl2 here
Did you notice the change to the CVSI website? You used to be able to see alot more info on their bulk/wholesale of CBD. It has now been removed & you must call in to hear bulk pricing. Maybe seeing lots of interest in the wholesale of their product? Interesting considering the article you posted. Thx
ROTH will welcome these shares & more at a lower price if others are willing to sell at a discount - a few decades of growth should do the trick.
Keeping .014 as support is also critical & would give us a double bottom on the 1 month chart
That 800k has come on & off but always at .014
who is 800k bidder?
Nicely done
Waiting & accumulating. Here since August 2nd. Would think more would welcome this opportunity w/ us now resting on support.
Wow. just wow.
Lawyer graduated from excellent schools in MN. Carlson & UofM Law are both highly distinguished. Believe it or not, I live miles from this lawyers office. I'm certain he cannot share any details about this company & its plans...
https://www.linkedin.com/in/peder-k-davisson-968ba42a/
Check out the recommendation section of his linkedin.
YES - Drop all of Lally Automotive in here please!!!
I have also noticed this same pattern playing out.
Crazy activity going on with the bid/ask.
Maybe they are dropping Lally Auto Group in here?
https://www.lallyauto.com/
https://www.lallyauto.com/staff/
What could be the motive for buying RGLG?
Could RGLG be the clean shell that will be merged with ETST? Since Trisha Bollman was a consultant, I still have a feeling this could be a MJ/CBD related play - This short summary below reinforces my beliefs that this still could certainly be a MJ/CBD related company:
OMB, from that 10-Q you posted, it lays out the following regarding ETST:
Earth Science Tech, Inc. EST is a unique biotechnology company focused on cutting edge nutraceuticals and bioceuticals designed to excel in industries such as health, wellness, nutrition, supplement, cosmetic and alternative medicine to improve the quality of life for consumers worldwide. EST is dedicated in providing natural alternatives to prescription medications that help improve common disorders and illnesses. EST is focused on delivering nutritional and dietary supplements that help with treating symptoms such as: chronic pain, joint pain, inflammation, seizures, high blood pressure, memory loss, depression, weight management, nausea, aging and overall wellness. This may include products such as vitamins, minerals, herbs, botanicals, personal care products, homeopathics, functional foods, and other products. These products will be in various formulations and delivery forms including capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders, and whole herbs. Although, the Company has generated revenues it has incurred operating expenses and expenses associated with implementation of its business plan resulting in net operating losses for the reported periods and accumulated deficit since inception. The Company is devoting substantially all of its efforts on generating revenues from consulting services and implementation of its business plan.
Does RGLG suitor own ETST?
From the Form 3 where ISSA EL-CHEIKH MOHAMAD is listed as beneficial owner of ETST
Form 3 here
The shares of common stock of Earth Science Tech, Inc. (FKA Ultimate Novelty Sports Inc.) were initially acquired and held by Great Lakes Holding Group Inc., which was 100% owned by Dr. Issa EI-Cheikh Mohamad, that corporation was converted to an LLC and is now called Great Lakes Holding Group, LLC. Dr. EI-Cheikh remains as the 100% owner of the membership interests of the company following its conversion to a limited liability company and as such, Dr. EI-Cheikh is the ultimate beneficial owner of the 6,700,000 shares of Earth Science Tech, Inc. (FKA Ultimate Novelty Sports, Inc.) by virtue of his ownership of Great Lakes Holding Group, LLC.
For the few that bought around .09 (less than 800k shares traded that day) they could easily pick up some shares here & their averages could be well below .05 - thx
Very similar share structure between those two... Same consultant... longer than usual wait before the company reveals itself..... hmm...
Yes Trisha Bollman was also listed as a Consultant on the OTCMarkets website during the initial stages of the custodianship.
Watching closely...
Seller will need to dump into the bid soon to prevent techs from turning positive on the daily.
The seller may begin to try & Paint the Tape at close to manipulate the charts.
Who's got deeper pockets, Bulls or Da Bears? Expecting a show of force from either side soon.
Agreed - excellent posts
So out of 3 partners, one failed & one was quite successful per your example. That leaves the one party (Bauman) that has an actual relation to this ticker...
I did miss one piece from the most recent annual report
From the previous post, there were 58,816,666 shares held outside of Algonquin Partners, Inc. at the time of the most recent OTCMarkets update.
On 11/13/18 there was one shareholder listed (Chinese address listed - maybe former officer of Regal, UHF, etc) who held 13,387,300 shares.
58816666 - 13387300 = 45.43 Million shares left of the investing public
Please chime in if anyone has more info to add, or if I am missing any info they have found.
208.8 million shares outstanding, Arcaro's holding 150M at a cost average of .01 per the Most recent Quarterly report
What's left? 58,816,666 shares among the rest of the investing public?
We're between .01-.02?
hmmm.......
Yes and J.Arcaro used to have a UHF Logistics email - but that too is also no longer in service.... hmmm........ battle on the bid/ask right now