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I was happy with the .0002; now .0007
Never mind; back to .0001 after a minute or so at .0007
Good luck to whoever is buying. I'm along for the ride
It is listed on OTC site but not verified independently as far as I know. Hopefully when symbol change takes place, more information will come with it.
Hard for me to wrap hand around how company can just add huge amount of shares and greatly increase market cap.
I still can't believe that RM and crew developed whole bean CBD coffee and made absolutely no attempt to sell it.
I am not selling any shares until much more of the story known.
Per letter to shareholders, Elev8 trademark due a week from today.
The 40 million shares is a disaster, but it will be interesting to see how other items from letter turn out.
.001 keep moving that decimal point to the right
Hopefully they can produce and license selling rights for rtd teas and coffee (if the improve coffee taste). Not to some startup but to well established distributors.
I don't understand why, but the $1,500,000 VATED owes KGK* was pushed so far down the road it became a non factor in financials.
Maybe it is the same with these 40 million shares. Although selling just a few would drop the share price to near nothing, maybe they can't be traded. (or don't exist)
I fail to see how a 2-4 million dollar market cap company turns into a 20 million dollar market cap company by one sentence of a press release.
Also as noted by other posts, the market watch companies aren't showing the extra 40 million shares
Still can't wrap my hands around 744 shares being equivalent of 223,200 before split.
Also can't believe if someone is able to trade newly awarded post split shares; they aren't doing so. Even if they can only get rid of a few before price gets to realistic share price if there really are 42 million outstanding.
If market cap went from 4 million to 20 million, I would think holder(s) of new shares would have been selling heavy yesterday. Weird situation
40 million shares above what we expected * 300 to convert to presplit levels = 12 billion shares. That is more than double the 568 million outstanding shares before split. This just does not seem right. Hopefully a typo. Maybe uncomfortable bringing it up while market was open.
I'm not on board about 1/300 reverse to stay on OTCQB. 1 to 2 maybe.
Sad about Blessed Bean. Thought it was a good pairing and had a second person helping steer the ship.
40 million * 300 = 12 billion...............
OTCQB report stated VATE had 568,586,217 shares as of May 15, 2020. Dividing by 300 gets us to 1,895,287
Need some help on the other 40,000,000 today's letter claims.
41,895,789
Still don't understand what benefit OTCQB provides. Same with s-1.
Also don't follow the math to get VATED to 41.8 million shares.
I agree........everything except CBD whole bean coffee always "on sale". Wish they would establish and sell for regular price. At that point have one or two items discounted or "take 15% off your order" days.
Bagged Hemp coffee is now on sale for $12.95 instead of $8.95
I am also staying and look forward to the next several trading days.
I am a customer and really like the products. Haven't had CBD whole bean coffee.
Why oh why would they make product developments like adding tea flavors and CBD coffee if VATE was not planning to move forward.
Did wonder why VATE coffee bags were off Blessed Bean site lately. VATE bought Blessed Bean for stock. They are even in same building now. BB operator certainly knows what is going on.
When I learned of 1/300 this morning, I figured a drop to .007 or so today and white knuckle time Friday when the share price is 300x
Where did 37 million shares trading come from?? Can't imagine longs with average price over .01 would have sold. Not enough buying for a bounce. Certainly some same day buys/sells to make some beer money. But 37 million?
Yesterday it looked like .016 was within reach. Wow
Could understand quick drop to .0065 or so but never expected .002s
Didn't follow price first 30 minutes of trading, but wonder where these 20 million shares were bought and sold
Is the benefit of having the S-1 worth this quiet time that has gone on for so long?
I just can't wrap my hands around what the S-1 gives VATE that they don't have without it.
Drinking Elev8 Hazelnut as I type my 100th post - 95 more than I figured I'd have done by now.
Sad to be walking down VATE stairs while elevator (other stocks) is going up.
I do think the 2/3 times per week videos of the influencers is a way to show interested parties VATE is active although they can't say anything.
If you feel you need to report your transactions, please do so as soon as you make them; not after stock corrects up or down. If anyone disagrees with my tone here - please advise.
Where are you hoping to sell this latest batch? Want to hear before you claim you sold at the absolute high VATE reaches this run.
Farmer's planning and financial commitments for the US 2020 growing season certainly are in place by now. Will the (certainly understandable) slow progress of Hemp -CBD issues have a 2020 effect? Meaning will we see less legal product available because banking and insurance issues weren't settled when 2020 farming decisions had to be made? Will VATE suffer for this? Thanks
They're are so few participants in VATE stock it only takes a couple buying at the bid to keep price depressed. I know buying at .065 and selling at .085 makes bank but I would like to see it go up and up. Buying at bid stalls momentum.
Slow out of the gate to start the week. Hope we get some financial news plus a company status report before long.
With little volume last Friday and low volume this morning, looks to me VATE has found some sort of equilibrium.
Longs like me don't want to buy more stock until company (and for some government) shows us something positive. And we are not selling while industry potential still seems so great and we are down on our investment.
As I complained last week, new longs aren't coming around here.
Vate obviously is active with new packaging, tea flavors and CBD whole bean coffee. Can't imaging RM and crew aren't looking at their lower value of VATE shares and be at all happy about it.
How much money has the Blessed Bean owner lost to date on the VATE shares he received for his company? Yet he stays around and even moved the rest of Elev8 into his space. (I'd look this $$ loss up if I had more than 1 computer going)
Good luck longs! Just a couple thoughts while waiting for company/government action.
Edit: Blessed Bean 2/2019 3,541,228 shares * .038/share = $135,000; now worth $32,000
Good time for your "group" to buy
They had a Florida east coast to west coast distributor lined up but that must of fizzled.
Too much is going into product development for there not to be a plan to actually sell it. No matter who pays for postage, shipping 12 packs of tea around can not possibly be sustainable.
You see Elev8 products around in S. Florida?
Part of me wants to put more money in Vate to get more shares and lower average. But I have enough that if stock succeeds I will do well.
With no peek behind the VATE curtain for a long time, I don't know if I would be throwing good money after bad. Can't say if company working very hard and restricted from sharing anything or barely still in business. Believe in them enough that I have not sold any. Also I have tried and like their products.
I am a long and holding. What troubles me is no one new ever shows up here. Obviously there is a world beyond IHUB, but lots of people should be getting exposure to VATE products. Many of them would see the financial projections of the industry and would like to buy stock with a product they tried and liked.
That being said, if a marketing program comes together lots of new eyes will get exposure to VATE products. Hopefully some have a little money and choose to invest. The share price would shoot up and be much more stable than today when a few dollar investment moves the share price up or down.
I'm jealous of these hypothetical new investors. Wish I was just hearing about VATE now at under a cent. My average (which I have lowered) is a little over .03
Share price and volume delayed 15 minutes but Level 2 is real time
Sleek,
Really appreciate your thoughts and efforts this past weekend. Hope VATE is firmly on the train when it leaves the station.
Disappointed 200000 share buy out of gate did not increase ask
Bye Bye most of CDEL.............016 in sight
Disregarding current discount on hemp coffee, do you feel Elev8 CBD coffee worth 3 times as much as hemp coffee bags? I am pretty happy with the hemp coffee I have been getting.
These last few minutes are making me enjoy my cup of newly received Elev8 French Vanilla hemp coffee even more
Don't understand why 111,111 share buy 10 minutes before close didn't bump VATE to .0095. Thanks to whoever bought.
I would add on the Elev8 site the new regular price of the ground hemp coffee bags has increased to $17.95. Before it was $15.95 on sale for $14.95. That endless "sale" was troubling to me. $17.95 has been the price on the Blessed Bean site.
I certainly get no peek behind the Elev8 curtain, but I am liking what I have been seeing recently. In addition the products are exceptional in providing health benefits (imo). I am a 60 yr. old guy with no real health issues, but the hemp coffee really lessens the occasional aches and pains.
Do wish they update/improve the iced coffee taste. It needs to be tasty when bought off the store shelf. A splash of muscle milk turns it into my favorite Elev8 product.
In the hemp bags they are ground. Recently added CBD coffee are whole bean. Strong advice to give bags a try at this sale price. Throw in some prior label tea and you won't pay shipping.