is...doing as little as possible
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Damn CDEL, would ruin a wet dream!
Maybe, but that was back when MJ stocks were in extremely high demand before last year's election. With few exceptions, MJ stocks are not exactly popular these days.
The sad thing is that the SGBY pps has fallen by more than 60% since the first of the year. In order to get back to just the price back then, the current pps will need to almost triple. Unless we see some stellar news, I just don't see that happening.
SGBY is not the only stock being hammered by CDEL, there are several in my portfolio that have CDEL sitting on top of the bid and the ask and there are probably many more. Perhaps someone had a massive margin call and there is a forced sale of their other stocks to cover it? Is that possible?
What kind of crap is CDEL pulling? It was on top of the ask at .0132 and on top of the bid at .0121. The pps was up 10% for the day. Then suddenly the pps plunges to .0121. Did CDEL sell to itself?
Indeed, patience will be rewarded. I more than anyone wants to see the company take off and the PPS pop a 1000%, or two. I'm not looking to get rich. I simply want enough to pay for the heart surgery I need and maybe enough left over so that I can buy me a small secluded house/cabin somewhere so that I and my Yorkie can live out our days in peace, surrounded by forest, maybe a brook or stream, and my own little Japanese garden.
It's a simple dream but I have had my fill of the rat race. I focused on my career at the expense of all else and in the end, I was a very well paid mid-level executive. Then I got sick and it was downhill from there. I have so many medical issues that I am a walking textbook on medicine. I wound up in absolute poverty for 6 years, no income, no assets, lost my house and my car. Were it not for the goodwill of family and friends I would have been homeless, on the street, and probably dead.
After fighting for social security disability for those six years, I finally won in 2014. I got the disability benefits and Medicare, which has kept me alive so far. I got a lump sum distribution for those 6 years and after buying a car so I would no longer be dependent on others to take me to and fro, repaying those who helped take care of me all those years, I started investing the rest in the OTC stock market.
I've done well till now, being able to supplement my monthly social security check with the profits from my investing so that I was able to live independently again and do so comfortably. This year has not been so kind though and the value of my portfolio is reaching the point where I may have to pull out of the market for a while, at least until things stabilize and confidence returns to the pot market.
Last year was fantastic and I made a lot of money, mostly on SGBY, when I found it and invested in it during the summer, before its meteoric rise this past fall. I know beyond a shadow of a doubt that the company is solid, has a great growth and operational plan, and will see that meteoric rise again, probably after 3rd quarter results come out.
I have the utmost faith in Will Waldrop. He is a solid, straight shooter and is quite responsive to my emails. I just hope my heart holds up long enough to see Will's, and my, dreams come true. So have faith folks. I'm literally betting my life on Will & SGBY. Join me and keep the faith with me.
You're welcome Mary and good seeing you. We miss seeing you on Facebook.
Let's be clear, what follows is the exact exchange of email with WW. The source of that email exchange is none other than me and I am the owner of The THC Tabernacle. So, doubters be gone!
Will,
I hope you are well. I was concerned because you are normally quick to reply to my emails. Is SGBY under a quiet period as a prelude to some announcement? The plunging PPS has many of us concerned that our investment will be worth little in short order at the rate it is falling. Is there any ray of sunshine that you can provide that I can share with my investment group?
Edward
---------------------------------------------------------
Edward,
Message received. Patience will be rewarded.
Will
William Waldrop
CEO
Signal Bay, Inc. (OTCQB: SGBY)
Being single has its advantages. Though while I don't have to hear "How's that damn stock doing?" every day, I do have to hear "Bark Bark" constantly throughout the day, which translated means "Get off that damn computer and play with me". Yorkies can be quite demanding and believe me, you can't ignore that high pitched yapping very long. I still love her though.
SGBY is currently at its lowest point since the middle of last October. Fortunately, for the last few years, SGBY has seen a growing PPS in the month of June, reaching its highs in September. With the company's planned expansion to 18 labs by the end of the year and its vastly improved revenue figures for the last 2 quarters, SGBY represents one of the best investment opportunities during the summer months when traditionally other pot company's trend downward. At less than one and a half cents per share at the moment, SGBY is a great buy. IMHO
Despite announcing the deal to acquire CT back in August of last year, they never closed on the deal, which required a $100,000 payment that they were unable to make. I got this information directly from Ben, the lead developer of CT and CEO of Beta Killers and shared it with Sleek, who simply said: "He shouldn't have shared that with you". This was back in late February or early March. Obviously, if they hadn't yet paid the required $100,000 for CT then Beta Killers wouldn't be doing any development work on it for MJTK. At worst it was a scam all along and at best a grossly mismanaged company who hid the truth from investors.
Now, Patrick Burke, the former COO of the Kushmoji project at Beta Killers, has become the CEO of MJTK. What a web they weave!
Despite all that, I bought 1 million shares yesterday at the start of the run. There's still money to be made in the biggest scams or the worst managed companies if you know what you are doing and play your cards right.
One last thing... do they even own CT now?
Citizen Joke is dead
I'm afraid to, lol. They might tell it's a mistake.
What's up with IBZT. My Ameritrade account shows a $75.77 increase in share price today with a bid/ask of .024 and .026?
Yeah, seems someone's DD included a bit of the garden path in it. I also see sippy cup getting microwaved today, on 4/20 of all days. Unicorns and rainbow dreams...
Oh my god! That is just too funny. I'm sure not everyone lived through the days of the TRTC pump and dump. It was classic and I made a killing on it.
In your opinion, which two stocks have failed the worst to meet expectations and hype so far in 2017? Why do you think they have done so poorly? What lessons can we learn from this? How will it affect your trading style?
eh, I only bought 10 mil. It's a drop in the bucket.
I couldn't agree more. A lot of people are being hurt badly because of the hype this year.
Is the 4/20 effect dead?
Much has been made of the effect National Marijuana day (aka 4/20) has on marijuana stock prices each year and past years do show a significant increase in most marijuana stock prices leading up to the day of celebration. However, this year seems to be bucking that trend.
As marijuana has become more mainstream in the US, far fewer stocks have shown any significant growth towards 4/20. Even the most touted expectations, such as the Grand Salami, have not panned out and have been heading down since at least the first of April rather than up. Unless you got in within the first couple of days of their selection as Grand Salami stock, you're probably losing money now.
There are only 6 trading days left till 4/20. So if you have been counting on that big profit by 4/20 this year...well, don't count on it.
Is the 4/20 effect dead?
Much has been made of the effect National Marijuana day (aka 4/20) has on marijuana stock prices each year and past years do show a significant increase in most marijuana stock prices leading up to the day of celebration. However, this year seems to be bucking that trend.
As marijuana has become more mainstream in the US, far fewer stocks have shown any significant growth towards 4/20. Even the most touted expectations, such as the Grand Salami, have not panned out and have been heading down since at least the first of April rather than up. Unless you got in within the first couple of days of their selection as Grand Salami stock, you're probably losing money now.
There are only 6 trading days left till 4/20. So if you have been counting on that big profit by 4/20 this year...well, don't count on it.
OK, to recap what I think I understand here:
The auditors the company was using were asking the company one question at a time, much like the SEC does. That means that when a question arose, they would stop what they were doing on the audit, send their question to the company, wait for the company to respond, and then continue their audit until the next question arose. With the recent acquisitions, there are a LOT of questions arising, causing the delays.
MaloneBailey LLP is SGBY's current auditor and they were involved in a major problem with a company they were working with last year. MaloneBailey LLP submitted audits that proved to be fraudulent. The auditor doing the work was a contractor and not a full time employee of MaloneBailey LLP. Regardless, that auditor ended up with a 3 year plus suspension by the SEC and MaloneBailey LLP was hit with a $600,000 plus fine.
MaloneBailey LLP wasn't considered perpetrating the fraud - rather they were just rubber stamping audits and at a minimum negligent in their duties. So, MaloneBailey LLP is just being anal retentive about EVERY SINGLE tiny detail now, especially on small cap company's and SGBY is just caught in the crossfire.
Does this sound correct to everyone?
Admin should pin this post
I have it on good authority that we will hear from our fearless leader today if certain "things" he has been working have been completed, not necessarily all of which are related to SGBY.
You'll eat your words before the day is over!
I'm game, who doesn't want to get rich.
I hope you are right. I could really use some good news today.
This was posted by Tom Sommer, admin of The THC Tabernacle on Facebook. It is Mr Waldrop's response to an email Tom sent Mr Waldrop concerning the elimination of the anti-reverse provision.
From: William Waldrop
To: Tom Sommer
9:57 AM (24 minutes ago)
Based on my gut, nothing more, nothing less.
SGBY will probably begin to climb again this week and over a period of about a week may reach upwards of .03 again.
Have you been hacking my PC again? I told you the feds are monitoring it for invasive hacking, fraud, and theft. You'll get caught one day, if you haven't been already. Besides, I get my check on the 8th. ;)
lol, nope, he was stabbed. hehe
I disagree. As I said several days ago, I don't think this will hit .02 (addendum: and stick) till the 15th of March. Until then it will be played up and down and be mainly a flipper's market. On the 15th tho, you better hang on to your A$$ because this puppy is buttscooting across the carpet, up the wall, and across the ceiling, leaving only a trail of poop for the shorters and flippers! The GUT has spoken!
I think we will see higher highs and higher lows once this consolidation is finished and it will slowly creep up to .02 by 3/15 and we will probably see the pps drop another 5% from the current last sell at .0124 before that process begins, probably starting Monday.
March 15th, 2017 the pps will reach $.02. Going to be wild ride that day. Finally got the mud cleaned off my crystal ball.
So what does that bring you up to, about half a billion total? lol
I didn't think you were that old Sleek. I would've sworn you were one of them there millennial uber genius types ;)
ohhh, I get it. I've been through the same routine with my lawyers representing me in another stock case. The "we do have other clients you know" especially struck home, as well as the "family emergency". Very frustrating.
Good morning from the swamps
I am growing increasingly concerned that the new CFO may have uncovered some gross accounting mistakes that may require a restating of past quarters. I have no evidence for this, just a gut feel.