Doesn't look like you did any DD or you would have provided some evidence to back up your "opinion".

True, not in all cases does that translate to higher prices, but in the case of KAVL it is accurate, but we also have so many other factors, both financial and fundamental reasons that it's really not surprising we're priced and holding $1.00

Right out of the gate they had great revenue and a net profit which allowed them to remove their going concern, without having to dilute (no float change) or raise money through convertible notes. A month later we up list to OTCQB and are awaiting the next quarterly earnings.

Fundamentally the business increased their distributors from 2, to 8, we have recently found they are expanding to more countries and the product they are distributing are looking to future proof the Bidi Stick (FDA Approval, Age-gating process, Recycling program).

Plus we have a higher producing product with higher margins and less overhead.

SLGWF only made $4.7M in Q1 and lost $8M from operations.
IONKF last quarterly I see is Q3 2019 and they made $2.8M with a net loss of $4.7M.

KAVL made $22M in Q1 and a net profit of $2.7M.

When doing my DD a few weeks ago I came across this letter...

https://www.fda.gov/media/139075/download

I emailed IR to get some answers and they responded...

No company has been approved by the PMTA yet, as the actual PMTA submissions are due September 9, 2020. Then the FDA will begin their review and approval process of all accepted applications. The BIDI Vapor application is on track and we have full confidence in the strength of their application, and where BIDI stands for future approval.

Thanks again for being a valued shareholder!

Doubtful, maybe after a reverse split.

Outstanding Shares
10,076,298,915
06/30/2018

Take notes, you'll make money someday.

Clearly he doesn't know what he's doing. Have a good weekend!

I know it'll be fine, I just question how some people are such idiots.

Oh well! Might even close new 52w highs!

Lol, we were printing $1.04 and then some dummy sells sub $1 and now a 6k ask at 1.00

Bunch of geniuses we have here

Took a starter the other day. Looks good, quiet/slow means next leg up will be fast and furious.

Took a starter the other day. Looks good, quiet/slow means next leg up will be fast and furious.

Float is absolutely locked up!

Great find man!

Back to $1.05 today!

No problem, hope it gives some people ideas of the possibilities here :p

I know it's not easy to be patient, but that's what you need to do.

Check out Was16's post last night. All along these guys have been executing a plan and we've been along for the ride. They don't drop hints to shareholders, they don't PR "plans", they PR or 8K when things are completed.

There seems to be no reason to release news at this point on the greys. It would be a waste of money. It seems to me they want to be off the greys, and they want everything ready, name/ticker change with some updates and PRs.

If you don't trust management, if you don't believe in the company, then just sell your shares and sleep better at night.

How exactly are they lining their pockets? Volume is non-existent, and most if not all their shares are restricted.

I built a little share price estimate table assuming the same 12.44% net margin from Q1. I include a column of different P/E ratios from 10x to 60x, and a row of revenues ranging from 100M to 500M.

The P/E ratio will be tough to gauge because we have such limited data, but if we're growing 20% annually, a safe P/E ratio would be around 40x. I calculated that by using a PEG ratio of 2.00 which is what I target for my big board investments. That doesn't mean we'll land at 40x though. For example, Phillip Morris trades at a 15.5x P/E ratio, but it's only expected to grow 4% in the next 5 years, so that gives it a PEG ratio of 3.71. Again, assuming we have a 20% growth rate a PEG ratio of 3.71 would be a P/E ratio of 74x.

The HUGE moves come when they move that control block (Bottom chart)

Q2 will show us what we really have here, and then we can base our selling (or additional buying) on financials.

It's hard to know when to buy/sell, when it's overvalued/undervalued based on a single quarter of results, and not even a full Q, especially when we see distribution quadrupled, and now we're looking at possible global distribution within the first 4 months of business.

Some of the buying lately is either insiders/family/friends or institutional investors who can drop $100k buys like it's nothing. I really, REALLLLLY, hope they can move the control block to preferred. Market cap right now is ~500M. Remove that control block, drop us down to roughly 100M O/S, with the same market cap and you're looking at a share price of $5.

There is definitely things going on behind the scenes that we aren't privy to. Even though it can be frustrating we need to look at what we do know and that's the fact we see more and more companies utilizing CareClix and we see CareClix hiring more and more management, employees, doctors, etc.

If the company was dead, why even put that 14C out? Seems like a waste of time and money. The company isn't pumping by releasing news, responding to shareholders, and volume is minimal so we know insiders aren't selling. In fact, based on recent filings we see that insiders own more now than ever before so it's just impatient shareholders selling here.

My guess is we WILL return to pinks, if not a higher exchange, and everything is going to come out at once. Filings, 211/Uplist, name/ticker change, partnership announcements, etc. This time around, $1 will come even quicker and we will make new all time highs.

This is the quiet before the storm.

Chances are the 211 will not be approved until financials are provided.

Did I beat you on one...

https://www.bluefoxbenefits.com/

Our product is powered by one of the leading telemedicine companies in the nation, CareClix, Inc.

Scott owns 124M shares
Flood owns 11M shares
Korangy owns 8M shares

We'll see if it's real, maybe just coordinated and they want to see what they can get lower.

and buyers are soaking them up, you ever trade before?

They aren't getting any shares though lol.

These dips don't generate much selling pressure, and it doesn't take much to get right back up haha

Might pick up a position here, not too much only 10-20k but definitely digging the chart.

I guess my only concern is the amount of shares they are issuing and these warrants.

Might pick up a position here, not too much only 10-20k but definitely digging the chart.

I guess my only concern is the amount of shares they are issuing and these warrants.

You can lead a horse to water but you can't make him drink.

I guess we'll all find out then, won't we? Thanks for your opinion, I'll be sure to take that into account lol.

I'd like to know what you think the correct math is, because this is a basic EPS and P/E metric that is used across the board for companies with positive earnings.

Now, if they aren't net positive, like TDOC for example, we can look at a revenue multiple and market cap.

TDOC is worth $17.6B and has generated $605M in the last 4 quarters giving it nearly a 29x multiple. Assuming we generate $10M a year that would put us at a $290M market cap. Since the O/S is around 92M you'd be looking at a $3.15 share price.

Yeah saw that, of course I checked the quarterly/annual and it still had the old O/S.

With a 15% net margin, and a 10x P/E we'd still be priced around $0.16. Obviously if they can grow those earnings, a 20 or 30x could put us near $0.50 pretty quickly.

Just gotta get through these new shares (I'm assuming new shares) and we'll be good to go.

I grabbed some more today.

In my experience, people lose their patience right around the time updates come, and with folks selling .30 now, we might be close to those updates that have we've waited so long for.

CDEL selling a good chunk of shares, T/A won't advise on current OS.

$10M revenue, with say a 15% margin is $1.5M net profit divided by 38,500,000 shares is an EPS of $.0389.

So the estimated earnings per share is nearly 2x from current price. Add any multiple of your choice to see where this can go...

10x = $.389
15x = $.583
20x = $.778

Took a starter today, why do you think the Q1 results didn't include any revenue from the merger?

Also with over 50M traded the last few weeks, and 20M float, I have to assume some shares are coming off restriction. What is your take on that?

Smartest retail traders around, puts up an 80k ask at $1.00 lol, what an idiot. We all know how this goes, he's going to give up a chunk of his gains cause it's going to slowly lower the share price and when he's done, right back up over $1

Unless someone is looking to buy a big chunk at $1, people are going to lower their bids to try and get a better deal. So we'll see if this askhole sits there or starts to lower his offer.

What's the story here, I don't see anything.

You should be able to login to your brokerage account to see live bid/ask.