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My thoughts are you had all day and that was the best you could come up with?
Still waiting to get in back in?
Blackbeltman sold out his position. That is why he has been trying to talk it down so he can buy back in.
Apparently I am one of those people that you played. I was the buyer for most of those big blocks that you put up. I must thank you because it is working out well for me. It will be a pleasure to offer those shares back to you starting at .30.
Congrats on your profitable trade. Now you can stop patting yourself on the back and move on. Your opportunity to buy in the teens is officially over.
This article just hit the nasdaq.com website...
http://www.nasdaq.com/article/7-companies-capitalizing-on-canadian-cannabis-cm322295
Every financial report of every penny stock has the same going concern statement.
As for obtaining capital... big time investment money is getting ready to pour into this sector. CAN* just got $30 million dollars. Look at the FIT*/PHO* deal... all of their funding issues just went away. If EDXC's products are as good as we think they are... financing on good terms will not be an issue.
blackbeltman... your attempts to push the share price down are feeble because deep down you love this stock. Your last 200 posts have been on this board. You haven't posted on another stock's board since last August. EDXC is about to break out any minute and you are getting desperate. Hop on for the ride!
Bids are starting to stack up. Your window of opportunity for getting in below .20 is rapidly closing.
WORL is on the bid.
Volume picking up. I think the base is in and we are ready for the next leg up!
Volume picking up. I think the base is in and we are ready for the next leg up!
Take it how you want. When Alan Brochstein states that he received the email and then relays the content of the email to his over 400 subscribers. I will take that as fact. Talk about hearsay... you are an anonymous poster on a message board compared to Alan who has to put his name and reputation on the line everyday.
Browland simply reposted information that was from the 420 investor website. With Alan's permission I might add.
The reason why I am on these boards is to find out information (both good and bad) on my investments.
If you question the validity of his information feel free to pony up your own money and join 420 investor yourself. You can verify it there.
The PHOT/FITX combo really gives FITX the legitimacy they were lacking. I have to admit I had some real concerns but this news changes everything. This is great news for EDXC!
I am talking about relying on the information in the January 3rd 8K....
Effective December 29, 2013, PeopleString Corporation (the "Company"), a Delaware corporation, entered into an Asset Purchase Agreement (the "Agreement") with Michael Cook, Kyle Tracey and Vicki Tracey (collectively, "Seller") whereby the Company acquired all of Seller's right, title and interest to "HIVE Ceramics" a non-porous, 100% all natural, non-corrosive, chemically inert, medical and food grade line of ceramic vaporizers (the "Product") in exchange for the issuance of thirty million (30,000,000) shares of the Company's common stock to Seller due at closing of the Agreement.
Entry into the Agreement was approved by the Board of Directors (the "Board") of the Company and by a majority of the Company's shareholders by written consent effective December 24, 2013.
Listen to the 420 Investor interview. Kyle knows they screwed up.
As far as overvalued... with 37 million shares outstanding at $4.70 a share... that gives PLPED a market cap of $173 million dollars. That is what I call overvalued. This will start to look reasonable at around a $1.50 a share and a $55 million dollar market cap.
How can you say...
"They ARE NOT here to screw people"
Guess what... the fact is a lot of people did get screwed over by the misleading filings of Vape. There is no excuse for that. According to their website they have a CFO, investor relations Kurt Divich, legal firm, auditor and accountants. You want us to believe that it was an accident? And now Kyle is sorry... Sorry isn't going to make the people whole here who got ripped off.
You nailed it right there....
"Here is the way I see it. They timed the 40-1 split specifically when they did so that they could use fuzzy language in the 8-K released on January 3rd. The 8-k on Janusry 3 stated that the closing had to be completed by January 7th or a reasonable time thereafter. Guess what happened on January 7th... oh a 40-1 split."
What Kyle did was one of the slimiest things I have ever seen done in penny land. And that is saying a lot. In fact I would say it is borderline criminal and wouldn't be surprised to see legal action taken as a result of this.
Management has shown that they cannot be trusted and I will never invest another dime in them. Anybody that does would be crazy when there are thousand of other stocks out there.
What do you think HIVE is worth? $25 million at the most. And it cost us $300 million.
What is the next acquisition going to cost us?
Next week we start getting some press releases. I would assume that the first one is about HIVE shipping product. Who knows what else they have up their sleeves.
Nice solid price action in EDXC today. We finished green on record volume which was over 10 million shares. It is a shame that the press release came out right before the big sell off in a lot of mj names.
The sell off in other names could really help us when people put that money back to work tomorrow. I think there is going to be some sector rotation out of some names and into others. EDXC was flying a little under the radar but after today's press release people will know about us. It was a crazy day for the overall mj market and as people digest the news there are going to be a lot of people looking to get in. I also noticed that the press release still hasn't hit yahoo finance yet.
Whoever wanted to sell for a quick profit had all day Tuesday to sell their shares. People have been aware of the reverse split since December 20th.
We are going to get our shares by some time tomorrow. The 20 day wait is for when the ticker symbol is going to change from PLPED to VAPE.
What brokerage account are you using to buy the shares?
Has anyone been able to sell shares?
I have TDAmeritrade and tried to do it online and had no luck. Called them up and they said they couldn't do it.
Current volume is 11,176. At the pre-split price that would be 440,00 shares. Actually not to bad for a stock that you technically can't trade.
Been watching the TDA level 2 for plped. It looks like it is real close to opening up trading.
Sorry for the multiple posts... computer locked up.
Been watching the TDA level 2 for plped. It looks like it is real close to opening up trading.
Been watching the TDA level 2 for plped. It looks like it is real close to opening up trading.
Took some profits in some other names and moved it over here. Let the run begin!
With this share price Vape management is going to have some serious ammo to get some deals done. Cream of the crop acquisitions while being able to limit dilution. This stock keeps getting better and better!
Yes. But the share price is multiplied by 40. The dollar value of your stock does not change after the split.
When they start releasing the press releases they will have everybody's attention. I am pretty sure they have a couple ready to go.
You can sell right now if you want to. Plenty of people are buying.
It has been a fun ride. Can't wait to see what the next couple of days bring!
Watching the mj sector today is by far the craziest thing I have experienced in 20 years of investing. Still another 4 hours to go today and who knows what the next couple of days are going to bring.
PLPE is going to get its run today. Next week when the press releases start hitting things are really going to get crazy!
If you are not aware, Vape Holdings took over a "shell" company called peoplestring to get a ticker symbol. MCI* did the same exact thing when they took over Lifetech. Most companies do a reverse split out of desperation. Vape is doing it from a position of strength in order to get the old peoplestring shareholders to sell out. When the reverse split occurs the number of shares you are holding is divided by 40, but the stock price is multiplied by 40. The value of your stock does not change. On January 6 the reverse split occurs and the company name officially changes over to Vape Holdings. I would expect that they have a steady stream of press releases ready to go starting on Monday. The other thing is that the ticker symbol is going to change from plpe to vape twenty business days after the 6th which is February 3rd. Once the ticker changes that will eliminate some confusion over exactly what business they are in.
PLPE and the "January Effect"
Definition of 'January Effect'
A general increase in stock prices during the month of January. This rally is generally attributed to an increase in buying, which follows the drop in price that typically happens in December when investors, seeking to create tax losses to offset capital gains, prompt a sell-off.
With PLPE's price increase in December investors may not have noticed it but I believe that plpe was a victim of tax loss selling. The old peoplestring traded over a dollar in 2011. I think some of the selling pressure on December 31 were these old holders taking losses for tax purposes.
Did you notice how many followers Hive has on instagram? 7,764!
Also, their Facebook page which was just started on 12/18/2013 just blew past a 1,000 likes.
This is without any paid advertising or promotions! Wait until the press releases hit and product hits the shelves.
Hive shipping 10,000 units this January! And pretty much all are preordered!
Here is the link I just found.
http://www.laweekly.com/promotions/viewEmailSample/26/2010-1-30/
Although wax and hash concentrates have boomed in popularity in recent years, tokers still sometimes struggle with the complicated set-up and equipment required get high, including butane torches, special bongs and domed nails that hold the dab of essential oil. Mike Cook, owner of the Dementia Glass head shop in Woodland Hills, noticed about a year and a half ago that even those who have mastered the technique soon find themselves frustrated with how quickly their fancy tools become crusty and gross. Most customers, he found, resort to replacing their nail every few weeks instead of cleaning it.
So Cook set out to design something better. Within six months he had a prototype: a nail made of medical-grade ceramics, instead of the usual titanium or quartz. This January, the first 10,000 units from HIVE Ceramics will be shipped -- and pretty much all of those have already been pre-ordered.
"People are absolutely freaking out," says HIVE CEO and Chairman Kyle Tracey, who also lives in Woodland Hills. "Coming from somebody who enjoys a nice hash hit once in a while, it's just the best taste that there has been yet."
HIVE, which stands for High Intensity Vaporization Element, is one of the businesses organized under Tracey's new publicly traded company Vape Holdings, which plans to focus on equipment and marketing for smoking wax and hash but will not touch or manufacture the drug itself.
The nonporous, chemically inert ceramics used by HIVE are also used in hip replacements, ovens and NASA heat shields.
"It cleans like new every time. You put the torch to it, and it literally incinerates," Tracey says, adding that his product is so durable that it will outlive his customers.
Although HIVE's ceramic nails will cost about $5-10 more than titanium or quartz alternatives, Tracey and Cook are confident that dabbers will make the switch.
To contact the Toke of the Town newsletter, email Amanda Lewis at amanda.chicago.lewis@gmail.com or follow her on Twitter at @msamandalewis.
Great find shell! More products in the pipeline. Here is the link to the Livity logo from the Vape website...
http://www.vapeholdings.com/2013/07/01/testing/
The more info that gets uncovered about VAPE the more confident I am in my investment here. This isn't a fly by night penny stock... this is top notch management executing a business plan right before our eyes. We have the right people, at the right time, in the right markets. When we officially become Vape Holdings on January 6 I would expect a barrage of press releases headed our way!
Look at the trademark application date for Level... it is April of 2013. I would assume that they have been working on the hardware since then as well. According to the links most of the trademarks were granted in October and November. I would guess that they have been finishing up on packaging and getting ready for a product launch.
I think a couple of things lead to yesterdays drop in price...
1. Profit taking - plpe has come a long way pretty fast and some people locked in profits. Perfectly normal and healthy.
2. Momentum traders - a lot of the very low quality mj stocks shot up yesterday and I think some of the momentum traders jumped over to them. This is not a big deal because they will be back. Not to mention the whole new group of momentum traders that are going to be jumping in tomorrow with legalization kicking in today.
3. Tax loss selling - People are forgetting that there are still a lot of old peoplestring shareholders. Looking back at the historical prices, plpe traded over a dollar in 2011. There are still plpe shareholders that bought in at that price. With the current bull market pretty much everybody is looking at capital gains taxes on trading profits. Unfortunately yesterday was the last day of the year to take losses to counterbalance those gains. With plpe still trading thin I think the tax loss sales had a definite impact. The good news is that stocks that are hit with tax loss selling also tend to experience what is called the "January effect". Here is the definition of "january effect" from investopedia...
Definition of 'January Effect'
A general increase in stock prices during the month of January. This rally is generally attributed to an increase in buying, which follows the drop in price that typically happens in December when investors, seeking to create tax losses to offset capital gains, prompt a sell-off.
I am just an investor in mj stocks and don't have a lot of first hand experience. I went to this website to get a little more info... http://www.thedabstore.com/blogs/news/7520578-thedabstore-com-guide-to-buying-the-right-titanium-nail
It appears that retail prices run from $70 - $120. Based on the info from the Hive facebook page it appears their product is the first one made from ceramic and is being referred to by commenters as a "game changer". I am assuming that it will be priced at the high end of the price range. At appx $120 each I would assume that leaves room for a healthy profit margin.
It is great that VAPE has hit the ground running with Hive Ceramics but everybody should go back and check out the www.vapeholdings.com website and see what other plans they have. I like this part the best...
1) Vape Holdings is currently negotiating with a Colorado state-licensed enterprise to acquire a state-of-the-art cannabis extraction facility, or its production via commercial offtake. As they are available, details will be announced by company press release.
What is going to happen to the share price when that pr hits?
This is from the last update on the Hive Ceramics facebook page:
We rushed our first big order of 14-18mm domeless due to the overwhelming response and are expecting them 1-2 weeks after the show (will know firm date by the show), with 6-8 new designs to follow a few weeks later. Please know we are moving quicker than originally planned and as quickly as physically possible when dealing with our particular product!! This is truly a breakthrough and we want them in your hands and pipes yesterday!! Please bare with us just a few more weeks and this thing will really start rolling.
Notice the part where they say 6-8 new designs to follow a few weeks later. They are just getting started!