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You can also spin it as lower highs too.
My point about the 1y chart is that it moved a minuscule amount compared to the weight that was behind their PRs. Why? It’s because flippers, shorts, and low confidence in validity of their deals/assets.
The third party report will be positive and change that sentiment hopefully.
Now that we can agree on. Just wanted to offer a different perspective and by no means spreading FUD. Good luck all. PR could come any time. Keep an eye out for those minion tweets.
Yeah not talking about just today. Look at the last couple months on any chart. There was some really good PRs released in that span and look at the price. Tell me what you notice. Does it exactly say that investors believe the multimillion dollar deals and value the assets? The chart would look different if that was the case, even a novice could see that.
I’m still bullish. But even the smartest bulls can’t deny those facts. Blind bullishness isn’t a good strategy. Let the stock tell you the story, rather than letting your hopes run the show.
Doesn’t take a genius to see there’s a lack of buyers, even with such positive news and PRs. That’s where it’s coming from.
Still long on this but price action don’t lie.
It has to be this week or else they’ve shot themselves in the foot. Confidence in management is already low so the report should be published this week to stay in alignment with their last PR.
Don’t let us down Boris, I know you’re reading this
I could be wrong and added how I feel in my interpretation, but you are correct in saying this needs more attention and volume. I want to believe
15b shares returned. New tweet out. Otcmarket to be updated
“We are pleased to announce that 15 billion shares have been officially returned. The company will update its share structure on otcmarkets. $IKTO”
Relax folks. The Quarterly can still drop later tonight. AXXA's quarterly dropped at like 11:30 pm ET two nights ago on OTCMarkets.
Looks like flippers and profit takers are out. Strong Long are holding for the validation report to send this flying due to history of distrust in management. A third-party assessment should take care of that.
Glad my 200k at .013 filled earlier ??
I remember I sold a right before the hemp deal was dropped around this time and it ran to the .02s. Not doing that again. Also this news will potentially run it beyond
Report should hit any day now. They said "a couple of days" on July 22nd. Obviously these things take time to finalize which means they were planning to publish this already.
Silence is golden at this point as the anticipation builds. They don't want to say more than they have to before the drop. It will reaffirm everything they've been saying.
$AXXA confirmed release in a "FEW DAYS"
"$AXXA We were promised an earlier date and a deadline. I would rather not give exact dates otherwise if it's delayed for a day or two everyone freaks out. Sorry, I wish I could, I try. I can only say its a matter of a few days"
$AXXA We were promised an earlier date and a deadline. I would rather not give exact dates otherwise if it's delayed for a day or two everyone freaks out. Sorry, I wish I could, I try. I can only say its a matter of a few days
— Exxegroup (@exxegroup) July 23, 2019
Sold half of my shares in the mid 3s from .005 and held a core position.
Added back those shares at .0198 this morning. Had to call into Etrade to make that happen and almost missed it before it ran over 02 again. Who else got lucky with the adds this morning?!
When they dropped the finz, it was about 10 min til close. Let's keep our fingers, toes, eyes crossed
FAT wall at .0143. With the new PR, shell risk removed, and other PRs coming up, it seems the MMs are hard at work to keep this down before the real run
Go VRUS. Approaching highs from the first run. I think investor confidence is back with all that has transpired, with much more to come. Which side of the fence will you be on once the dominoes really begin to fall?
Not issuing a PR of the filing allows for a steady stream of smart investors to build a position. The weak already scrambled away. This gets discovered as more eyes land on this board and will have a healthy incline through the rest of the week.
DD hasn't changed, the filing hasn't changed, and the sellers have done what they needed to today.
Even if AXXA doesn't PR their stellar numbers, people will be finding the filing and piling in. Adding here in light of all the PRs coming out also. They're lined up as management mentioned. It's only a matter of time
SL Raid, often seen in these plays. Hope you didn't lose your shares!
The smart move? Build your position now before the PRs and fins hit.
This company is in the hemp/cbd industry with an upcoming PR and also in the alternative currency industry (bitcoin) with an upcoming PR. Both things are hot right now.
Pair that with the fins coming any day now, with the confirmation of tweaks to add millions more to the assets.
Also, technically speaking, this chart is on the cusp of breaking out over $0.02
They've set the clues for you and this thing is primed for a run. Sideliners should be piling in and people with positions already will be adding on the confirmed breakout. Textbook trading, my friends. You're in, you're out, it really doesn't matter. It's going to take off due to the perfect storm
You know how many people make millions of dollars just re-selling someone else's pre-made products? Ever heard of white label products? It's all about branding and marketing.
It's amazing what length some bears will go to create FUD to serve their own agenda.
Bitcoin is up. With a new PR coming out regarding their new alt-currency venture, paired with the fins and other PRs regarding the cannabis venture, it's like the perfect recipe of a massive run. Originally, I was only thinking anywhere up to .05 with fins and PR, but if this alt-currency thing catches, people are going to pile in by the droves.
I come from the food/dietary supplement space with a heavy FDA regulatory background and can chime in here.
Although Verus would be distributing the product and not manufacturing, both functions within the supply chain of the product are heavily regulated and are expected to remain compliant with FDA standards.
CV Sciences has a self-affirmed GRAS status on their hemp ingredient, which is completely allowable in food products. However, the noncompliance comes from how they're claiming CBD on their labels. They haven't gotten in trouble yet due to uneven enforcement in the FDA.
The FDA has only issued 2 rounds of Warning Letters to CBD companies since 2017 (as far as I know, for example Stanley Brothers being one). Recently, FDA commissioner stated that they're using discretion for targeting these companies with over-the-top claims that revolve around curing/treating diseases. Things like relaxation, stress, improved sleep, etc. are not considered over-the-top.
May 31ST, FDA is holding a public hearing to discuss the direction of CBD-containing products in the industry, with a docket outlining these findings due to be published in July.
All in all, if Verus were to release CBD-containing products, and if their claims are reasonably within the confines of the FDA's current thinking, there would be no problem whatsoever unless something drastic happens during the public hearing. CBD-containing products are NOT fully out of the question at the moment.
Sideliners are waiting for the confirmed breakout over .02. This will run quickly.
Based on the daily chart, that's the multi-month breakout level to watch also. News will send this flying to 0.025 then 0.035
Here come the sideliners building their positions for next week. Welcome all we’re in for a ride
Bye bye 15s
In the last week, I haven’t seen 015s hot so much and today has barely begun. I think this is the last we’ll see of 14s for next leg up leading into next week’s PR and finz event
Technically, the chart is about to squeeze out of a wedge.
Fundamentally, the PR will drop and finz to follow shortly after.
It’s a formula for a pretty big run if I’ve ever seen one
Please remind me, any word on when the next 10-Q would be released?
Over 1M convertible notes forfeited :o
KABOOOM
Wish i loaded more
Yeah that's my bad. It's just been a common theme on the boards and I didn't mean to respond so aggressively. As another user posted, we are in this together and should be sharing the wealth of information if anything is missed. Cheers
Twitter update directly from the AXXA team. Investors really are not doing DD and have to be spoon fed these days smh
Good traders will flip sides at the right time. I'm positive shorts that are in this now will be covering their positions leading up to the finz. They'll also be building a long position so that's basically a double buy!
This can get crazy.
Congrats to all who bought +/- $0.01.
Think the MMs are full now so they're letting her go back to where she belongs.
Um... company releases a bunch of PRs in the last 3 months as promised, then they don't release anything for 13 days and you're upset?
Try a perspective shift: they've released all that was promised up to this point and have much more news coming up which has all been outlined by the DD done here, as well as communication with IR and management.
PR this week without a doubt based on the clues left in their flurry of tweets. I wouldn't be surprised to see one in the AM
He did mention the Big League Foods came by surprise separate from the original amount of M&As. Imagine all the other potential stuff cooking up in tandem with the already expansive deal pipeline.
Anyone selling now is just impatient and will likely build another position at a higher price.
Regarding E*Trade, took like 2 mins to place an order via phone. I understand some people would rather just press buttons remotely, but if this is what it takes to swoop some at these prices, it shouldn't even be considered a hurdle. Go to the restroom and make the call