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Nothing has been changed yet it is still pending...
Its been less than 3 months since symbol change
According to that blog post of his, no PR's are fluff as they all fall into one of those categories. It's nice to know that he doesn't believe in fluff PR's because in his mind there are no fluff PR's.
Changing topics, the AS raise to 3.6b does not look good. So the share count is at 3.3b out of 3.6b now? Can't say I'm too surprised about the dilution, it's standard in pinkie land.
Had no idea that RIGH was going to be featured in a documentary, when is it?
Why wouldn't the flippers just move on? There isn't enough volume buying at four to justify buying a flip at 3 is there?
Hope you are right, but like I said earlier don't expect the large bid to chase as they are mostly flippers.
That's a good mindset to have, don't marry the company just look for profit no matter how small it is.
On a side note : "could care less" means that you actually care, where as "couldn't care less" means that you could not care any less which implies that you don't care at all about the subject.
The 600 million shares at .0002 will never chase. It is people wanting in at 2 to sell at 3. They will not budge as that's how they've been making money. Once the flipping opportunity is over, they'll pull the shares from the bid and move on to another.
Aren't reverse mergers different though? Doesn't the acquiring company usually change the name immediately to reflect the change in ownership?
Can you provide links for your claims?
Why are you so negative on BudGenius? Why invest in a company you have no confidence in? I would like to know because it might be DD I missed.
Mikey501, I want to see the financials of BudGenius from last year. No one cares about RIGH last year, but I'm sure I'm not the only one that would love to see financials of BudGenius. BudGenius financials from last year are very important.
April 14th? Isn't that the same day that quarter 1 will be released? If so it makes me think that last year wasn't so good but the first quarter was much better.
They've had 3 full months to prepare it, not a good start. Not at all.
Whenever the company wants to make a ticker change it will happen.
I'm confused about the latest PR and capital expenditures, can someone please help me understand?
The company also announces today that several high-value acquisitions are currently in progress to expand marketing influence, client accessibility, and additional revenues. Each of these proposed acquisitions leverages the company's proven track record of technical and marketing expertise without reliance on dilution or capital expenditures. The company expects to make several significant announcements prior to the closing of Q2.
Expenses that add to the value or useful life of an item of property also are considered capital expenditures.
http://taxguide.completetax.com/text/Q13_2612.asp
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. This type of outlay is made by companies to maintain or increase the scope of their operations.
http://www.investopedia.com/terms/c/capitalexpenditure.asp#ixzz1pyIufTRM
I completely disagree with you MIKEY501. Please show proof of these accusations.
The trades make no sense. We trade the entire day at 2 then close at 4, makes no sense.
Also, ticker symbol changes, when applied for, do not take this long. I would email the company and ask but they have never responded to any of my emails.
Only one line in today's PR was fluff, the rest of it was great. The PR told shareholders important information: 4th quarter financials and future financials will be released, no dilution is occurring, talked about the current DTCC situation, and also mentioned the ticker change pending, but unfortunately didn't mention why it was taking longer than normal (longer than normal - in my opinion of course).
The line in the PR that was fluff, again imo, was:
The company also announces today that several high-value acquisitions are currently in progress to expand marketing influence, client accessibility, and additional revenues.
News without substance is like no news at all. Financials and ticker change is the only news that matters right now. Hopefully we'll get one of them soon.
He shouldn't have to call about an important issue like that. Those issues should be handled through PRs as it is something that all investors need to know about. Keeping things hush hush about this issue is puzzling.
The only people getting out at three should be the ones that were able to get the twos, the people tired of waiting on the financials, people tired of waiting on the ticker change, and other people who are starting to doubt. As you can see there are many reasons to sell.
As for me, I don't plan on selling until the financials come out for the 1st quarter, if they aren't released I will be moving on as a company that doesn't report their earnings is a company that can't be trusted. Another reason that I would sell is if the O/S has changed significantly since the last report. As of right now I see no reason to sell.
Hoping for the name change, but would never be surprised about the RS in the pinkies no matter what the CEO has said in the past. Things change.
If it has nothing to do with a name change, then we are screwed.
I would like to see a tangible update from RIGH not followed by dillusion.
Beamin1, not sure you've been in this stock long enough to know most of the facts but when the CEO makes a big deal about fluff PRs, then it kind of becomes a big deal.
On Tuesday February the 7th, Angel Stanz, posted the following on his own website:
The practice of fluff PR has often irked me. I recently spoke with an officer previously with a public cannabis company that shared my views. It was a great conversation that I feel compelled to continue here. In a roundabout way this is a plea to restore sanity in the cannabis industry where some industry executives allocate more time to share-price development rather than product development. I encourage shareholders to look closer and hold companies responsible for their statements. Many have been made with product/service forecasts often forthcoming and seldom arriving. While I run the risk of alienating myself from a few of my peers with this article, I expect more from our industry.
Truckerjoeh, you are right. It is fluff. but you'll get the argument of "all info is relevant and it helps getting the word out." People have a tendency to turn everything positive to try and justify there investments. When they should be looking at everything objectively. Turning everything into positives is not healthy in the stock market. Your mind can not be clouded when money is at risk.
I'm still very heavily invested in RIGH and plan to stay until at least the financials or proof of dilution.
15 posts is plenty for not just the RIGH board but for any other stock you are interested in. A lot of people run through their limit because of worthless one liners... or one word posts. :D
15 posts is more than enough. The only thing that bothers me is the large pictures some people have in their posts.
The thing that confuses me more than anything is why there are shares to be had at 2? If you place a sell order for .0002 it will be sold for anything higher. If someone has a stop loss order in at .0002 it won't go off until the current price is at 2, so how does it get to 2 in the first place?
So what changed your mind about RIGH, mikey?
500 million volume day, no one can say for sure whether or not the company sold some. Hopefully they didn't.
I use the message board to voice my displeasure with the company. The owner of the company is being somewhat hypocritical by having somewhat fluffy PRs in the past couple of weeks. If someone is an investor and can't say anything negative about the stock they own then they might want to sell all of their shares as rose colored glasses is never good to have in the stock market as it will lead to bad decisions or missed opportunities.
People who have been in the pinkies for many years knows one thing. Pump and Dumps have tons of PRs about nonsignificant events. I'm not saying BudGenius is a pump and dump, but what I am saying is they have something in common with them.
I think RIGH, or whatever the new symbol will be, has a great future. What Angel Stanz needs to do is separate RIGH from the other companies in the pinkies. Releasing a financial statement would be a start; also announcing a share back program and actually doing it would also help with that.
Have patience and be able to look at everything objectionally.
Go somewhere else? What are you talking about? Why would I go somewhere else to post when I own shares of RIGH?
The PR is fluff, you might think differently and that's okay.
A PR was needed to tell us about a free menu? Why not just send an email to their customers? I see this as another fluff PR.
The only things I'm interested in are the financials and the symbol change.
And it will remain pending until it is changed, not sure why that was a big deal to some. We have known it was pending for quite some time.
Also, even if it was the same company, I would imagine it's somewhat common for businesses, in the same sector, to use similar companies to handle IR; that is if they can't do it themselves. Hiring an IR firm also makes you look more legitimate..... Only time will tell.
Angel Stanz said he didn't believe in fluff PRs, I'm starting to think otherwise.
We've only gotten PRs about planned future technologies, hiring new IR people and a moving operations to a new site PR. We have gotten no financials or anything really meaningful just plans.
Still bullish on righ just a little more cautious with more and more fluff PRs. Bring on the hate.
Try again?
Looking at your posting history, you throw the scam word at every stock you post on. Why is that?
You would love to see the audited financials of what? BudGenius or the crappy RIGH company that included teeth whitening? If it's not BudGenius, what does it matter. RIGH is not that old bad company run by Randy anymore. It's actually a promising investment.
Unless those are BudGenius financials it doesn't matter. What Righ did before the reverse merger doesn't mean anything going forward.
The question i have is why today.