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As long as I've been in the OTC game, I've never experienced a trillion shares authorized play. I'm still trying to wrap my head around it. Nevertheless this needs news beyond a brewhouse to get moving. Otherwise expect a split and more of the same.
And I hear ya. But this one won't do anything with jast a brewhouse. And if you're looking at years here for a turn around, by that point there's no telling how many splits will occur. The only reason to buy here is the hotel contracts. And if they're no longer in play, then people should pass on it. Otherwise they'll lose their money. I'm not bashing it but I am being real.
And that's fine that's but not enough. It needs news right now or consider whatever shares you own dead money. And.no reason to invest if you're plan is off by years.
There's got to be enough excitement to overcome the dilution. Without contracts this goes nowhere. It'll be split like BBRW, taken down to .0001 and left to whither. As is currently happening.
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The only gamble here is hotel contracts. Nothing else matters.
It's thinned many times. They just add more shares to it.
There is nothing hidden. Ask goes back to 10k shares after.the market closes. Right now it at 275 million shares. Down from the 400 million plus from last week. But any volume and it'll quickly swell back up.
Buy if you want. I got tired of watching it get a bid only to have it squashed by dilution several times over.. All they have to do is let it breathe..
It's actually had good volume days and managed to get a bid several times. But it's soon undercut with dilution and ask stacking. Then the trillion AS was added on recently. Hence my point that it won't matter how many shares you own cause if they max the AS and split, you'll be left with nothing.
With the sheer lunacy of a trillion AS, they can literally dilute forever. Imagine a split scenario and the AS remaining at a trillion. And if insiders do own shares, why would they go along with such an increase? If they issues a trillion shares and split, that will literally make pink sheet history insofar as turning like 10 million previous held shares into .000001 of a share. Hell I don't know if I'd laugh or cry.
Sister company sits with a trillion AS. That's scary for new money to look at. Don't be surprised if the same happens here.
What's going to be the catalyst here to send it up 50X? Without the hospitality contract, they won't have the revenues to justify the PPS increase. Nor will it bring in new money. Brew house is nice but it's not going to have any effect on the PPS. This play, just like every other pink, needs to generate interest and so far that's been lacking. Especially with the reverse split history.
With a trillion AS, aren't any winners in this mess. Ask was 200 million shares and it doubled to 400 million. So they intend to fully exploit anyone who buys into it for the foreseeable future. Notice that there hasn't been one mention of hospitality contracts since they PR'd it months ago? And one has to conclude that it's no longer on the table. And the recently raised to a trillion AS are related. IMO
Sure Tad is making money. And all he has to do is toss out a merger play once a year and sell shares during the pump. Easy money.
Notice the ask size doubled by 200 million shares. Now over 400 million with plenty more hidden behind it. Not going anywhere anytime soon.
Over hyped or outright lies. Pick one. Either way I've never been in a play with a trillion AS. And I'm confident in the fact that my money is gone here. Even if they do release stellar news, it'll be used to dilute billions making it impossible to escape .0001.
Sure something interesting happened. The AS were raised to 1 trillion lulz. It's like Bidenomics on overdrive. What do they hope to acheive by doing that? There's hardly any volume here and if the plan is to dilute that many shares, the stock will never recover. The reverse split will have to be like a million to 1.
If you're waiting on rates to fall in the spring, the stock will have gone rhrough 2 splits by then. Nor are rates coming down. Problem now is current shareholders are stuck and can't get out because of the dilution.
Only good thing about that was you didn't have the momentum and PPS as with EV only to have the clown Patel literally undercut it with a social media post.
Then it's time to get out. Why buy now? Share structure went up by a billion. Likelihood that the delay with the filings is because they're about to also announce a split to go along with it is increasing.
Endless 1s.
I hope so. 21 shares traded today lulz
The other play is set up for.news. This one churns for a bit
Bid size just increased. Hang on cause this might be it.
NVM just lost it. Was at 10 mil.
Maybe about ready to run. Got the PM.
The one near me isn't.
https://sierranevada.com/visit/mills-river/taproom/
Now's the time to drop news. Set up nice but I don't expect the bid to last much longer.
Like I said, 40k in volume ain't going to cut it.
Except that volume has completely dried up.
When do you think they'll finally file?
Volume is gone. Hope they got news coming.
If it sounds too good to be true, it usually is. Again even if Tad does offload this POS on somebody, they'll still have to contend with the toxic debt and bloated structure. And no one who currently owns shares will see any benefits. No one on this message board affected the stock in a negative way. No one.
BBRW pretty much said their business isn't going to grow as quickly as they want because of the economy. Which in turn means that BRBL hasn't finalized any contracts. That's how I interpret it. Hopefully I'm wrong.
Well that's an about face.
Instead of.boiling I think everyone is passed out and forgot to buy
It's got a reverse split reputation. Needs news.
Boiling yet?
All you can do now is wait and hope they release news.
It's Friday. Nice volume.
It's odd how the volume dried up isn't it?