Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So what’s the truth? I want to believe you lendiymagic but...
I’m confused, only one person can be right
Go to the trade tab at the top of this, 2 in from the tab board and all those trades are red not green for buy
How when only about 73k was bought and over 400k sold?
Merchant banking problems were was what I heard following along with your story. So u couldn’t have told your shareholders that as the stock became worthless....someone needs to be held responsible
Very interesting...lending magician can u clarify?
? Only 73.6k was bought today
What the hell happened to this POS?
Yea, I’ve been scraping the bottom of the barrel to add another million or two of shares at this cheap price. I wish this puppy had a name with hemp or cbd in it so investors would have a clue what dvlp does. I think that hurts from an investor awareness standpoint.
I can’t agree more. As CEO of a growing company why would you let your stock price go to hell. If I was running the show, I would have my cash/treasury department buying back the crap out of shares and re-issue when it is up 5-10 fold. That is basically doing a free capital raise. This is what happens when it is mostly a one man show and there is no capital markets or financial wherewithal....
Why is this stock not “truly “ up when there is only one measly sell order today and then all BUYS?
This stock needs some REAL POSITIVE NEWS SOON
Matt a really liked it! I love his comment. SIPC!
How do you tell who the moderators r when u r mobile? Thanks
Got it! Brain fart. Thanks
What is in progress?
How do we change the top post about the 9.6...? Anyone? I have no clue
This company needs to go on a road show to sell itself to investors so we can obtain true value as shareholders
Can u translate? So when this brokerage firm is covering their shorts they slap the ask and push the resistance higher? Or do I have that wrong? Thanks
Why is this stock not going up when it’s bid only? Bid no lid!
Just need some volume but I don’t see that happening amidst the summer doldrums
I guess that would make sense. So father son have their own little gig in the side?
So is this Ted’s brother? I’m confused
Anyone know what the Canadian Green Inc in Canada is or all about? Thanks
Ok I get it but that was then and now is now. They didn’t have a real product then but they do now and it is selling and expanding. See my confusion? Also, Ted is fairly new
Agreed. No building costs, no machinery, no air conditioner, etc
Very well written- thank you.
Ted is paid in stock. Look him up on LinkedIn. This isn’t his full time job. He is a realtor like symon vong. I’m not defending as I think you bring up some valid points and it should be known if this is a scam. It is honestly a very simple business. 1. U have a brand. 2. U sell your brand. There is very little need for capital but really only human capital since the brand is already established. Think about it, only 1528 in cost of goods sold is so low but that cost of goods sold isn’t your true cost of goods sold like buying kegs, paying for ingredients, etc. That number could almost be zero as I don’t even know what it consists of unless it is marketing but they don’t even market it as Ted’s main guy or friend is the one who sells the brand to the distributors at a wholesale level so there is really no reason to market it completely until they grow more and get more established. Right now tap reviews are selling it. I know that sounds weak but that is what is happening in addition to marketing/selling it to distributors.
I would say it is a scam if I hadn’t verified for myself that 1. There is product and 2. The Product growing/selling and is expanding according to all the public info that has been disseminated.
If it is a scam, the wool has definitely been pulled over my eyes
Call ted. He would be happy to talk to u
I second this from pyro2. I’m also long, super long actually and have done a ton of DD
My understanding he has nothing to do with the business at all. I wanted to see if anyone knew any different. Ted is the guy and symon is just a figure head for now. Yes, that financing was ridiculous and made no sense. I had heard those shares were actually returned and never sold as they were sent to some shady mm overseas. With them returned no harm no foul
What is the deal with symon vong? Is he a criminal?
It is time for the .0002 to be lifted market makers! No news is good news!
Lendingmagic is saying for your treasury to buy back super cheap shares and when the stock climbs higher (assuming it does), re-issue those unrestricted shares into the market to obtain more capital via the higher price. It is almost like doing a free capital raise. That strategy is a slam dunk. Public entities do it all the time. For example, reits buy their equity when it is below book value and sell it back or secondary issue when their equity trades above book
How many shares did u have? 20-30 million?
Man, u most of had a ton of shares
Isn’t a lot of it shorted too? I still don’t know how u short a penny stock honestly, but that takes the float conceptually lower and if buyers come in and move it up a little, the lid will get blown off as the shorts have to cover ....
It is such a cheap way of doing an indirect capital raise. Mostly free for that matter
REITs do it all the time. Issue stock when it is above book value and buy it when below book value