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False. Many months with 0 dilution. Company only dilutes as needed. Remember the stock market is for conpanies to issue shsres to raise capital, especually early on like VATE. Good news is that this is a company with real products, staff, and growth in a hot nascent sector about to explode.
False
Fundamentals always lead to increase in value. Sector will most definitely rise after FDA regs, mark it.
It doesnt work that way. Looking day to day at L2 is meaningless. There isnt enough news on earth to show sentiment changes on an L2. Need to look at the overall trend paired with the sector and news. Yes she has given up some monster gains, but is still way up since she got started, and knowing the upcoming FDA regs are i bound, paired with continued explosive growth, it doesnt take a rocket scientist to realize this is going through the roof at some point soon. Or you can stare at L2 mindlessly day to day analyzing blocks for any hint of change LOL Enjoy!
I cant stop laughing at some of the comments. Some people need to stay out of the markets for simple lack of understanding or emotional rants when a stock doesnt go green 365 days a year. :D
Completely oblivious. Its been explained time and time again. Ignorance must be bliss.
If you only knew them in person and how they do business, you'd laugh at that comment. Nothing could be further from the truth, in fact they dont even watch the price, they are too busy, you know, running a successful, growing business... Whichbis exactly what they should be doing. Being a public company adds some complexity but it is to raise capital, not constantly update shareholders every time a rat in the qarehouse farts.
I recall you said something similar in January/February, and then she ran to .15. ENJOY!
Definitely. I get it for those who went in too big and werent planning on going long, but who goes in super big on a short play OTC. Only invest what you can afford to lose or be without for a bit.
Volume is down across the sector, lack of regs and news. People need to take a chill pill and stop watching it every day. Come back once you hear reg info. Or just keep talking trash daily, as thats super constructive and will make the stock go up 1000%... NOT!
Dreams are nice to have but they should be more realistic like .10+
When are we getting those 6s, 5s, 4s, 3s, or subpenny again? I forget, is it never?
Agreed
Pretty awesome. .007 and .018 to .15 in less than a year or even current PPS. Better than any blue stock. KGKG is king.
False see previous post.
Were you the 1 person who bought at .17?! LOL!!!!! It all makes sense now!
Stop using .17... there was literally like a couple hundred k shares at most bought at that price looking at the chart, literally a person or 2... I would guess based on history of the stock that many purchased between .01 and .05, and many averaged down to those levels.
Companies issue shares, convert shares to raise capital, employee stock, preferred investors who helped get them off the ground etc.. The entire purpose of being a public company is to dilute shares to raise capital to run your business, expand it, etc... Faaaaar from being a scam.
Many got into this stock last year and the year before. Shareholders, especially longs and true investors are way up, even with a recent drop are still waaaay up above the sub penny and penny they bought in at. Shareholders are fine as this booming industry will bounce back after regs finalized and will continue to grow.
Looking back 2 or even 1 year and seeing how the company has changed is amazing. Hiring industry professionals, staff, adding multiple products even product line, and most inportantly, continued exponential growth quarter over quarter, new giant warehouse to keep up with space requirements of their growth. Lets not forget about the multiple sponsorships to increase product awareness, including a social media person. The list goes on and much of what I named was all accomplished in a single year...
Going back to the valuation, even using the lowest multiplier, like a 25x or 50x to factor in growth, we are still undervalued. You cant just look at the revs, its more complicated than that. You have to use a multiplier in a valuation and many use 100x+ as no rapidly growing company stays at a mil in revs for long. Plus like I said, the PPS across the entire sector is down, itll bounce back big. We've already seen its potential when it does, and thats nothing once she really takes off.
Calm down, its a tiny OTC stock just getting started and in a down sector. Perspective. Stay strong, get rich.
.01 to .075, solid gain for any stock in a year. We know its potential when it gets hot too, .15+ enjooooooyyyy!!!!
The trend for the 1 year shows 1 penny to our current PPS. Quite a leap for 1 year, with many spikes even higher. We all know the trend year to year here, enjoy!
Nibbled at .016 yesterday, wish I had more powder.
Looks like the day it hit .17 was the peak of a run. The peak of the candle for the day and an all time high. That day was 5m shares traded meaning maybe a few hundred thousand shares traded at that level, so lets get over it since its only a couple of traders who actually bought at that level...
How many shares were actually bought at .17?!?!?!?!
I remember that call this time last year, on another stock, followed by high RSI calls. Remind me what happened? Oh thats right, surge to 12 cents by December!!! BOOM!!!!!!!
Last year at this time KGKG was near 1 penny, I had an average of .018. Literally within a couple weeks, I was up HUGE! What Im getting at with VATE, is that you invest what you can, in what you believe in, the rest is noise. Big red days will cause panic selling. Anxiety and fear are contagious. If you keep the goal in perspective, and it still makes sense, ignore everything else. Plenty to look forward to still with food and bev regs, banking regs, new flavors, and growth within a hot new sector.
Smart.
The even bigger miscalculation is to assume all preferred shareholders will dump their stock. Thats a very anxiety, fear driven idea with no logic to it. Lets see what happens when CBD food and bev regs are completed.
You'll only find projected emotions from some, no real facts, just saltiness. Take with a grain of salt. The wntire sector and even market is being hammered. It always turns, great entry point here. Real growing OTCQB company with real product on shelves.
Anyone seen KGKG news recently too? Looks like they are finally going OTCQB through an acquisition! Could it be VATE? They were once partners, maybe Medico wants to sell it back to RC and sail away.
Rofl they've been there for 2.5 years. Remember RM is still friends with KGKG's RC. For all we know there is an unspoken agreement for RM to get a chance to buy them back, plus KGKG literally has no need to sell them right. I would not be surprised to see those canceled in a PR at some point, or a deal made to buy back. The more VATE grows, the more revs they have for such things.
That was more directed at others, i just cherry picked the 1 comment as an example.
Im sure they do, but its a massive market. There are always SMB's with their own versions of products. Not all companies are looking to be the next giant. I know with Kona for example, they are completely comfortable with striving for 1% market share. Its a big new industry with plenty to share. Sure itll oversaturate at some point but these little guys with a jump start have a great shot. Seeing big boys embrace it could actually help with the taboo image too.
Same here.
CBD is here to stay and still projected to be a multi billion dollar industry in short order. It wont take much to get there ones regs are in place. Ive seen the biz from many angles now, not just as a distro, but as a user, and connections made with retailers in my market, some who even helped with state legislatures. All these negative spins or comments are ridiculous. Even in places where MJ is legal, CBD is still very strong due to medicinal properties and those who do not want the psychoactive effects. I cannot wait to see where things are at by 2021/2022. Its going to be epic.
No ones pumping. Just knowledge sharing for any potential investors who read the board. Lots of negative falsehoods need correcting on a daily basis.
Rofl, never gonna happen. OS is barely half a bil, which is great for an OTC stock that is growing explosively with product on the shelves, in a hot new market. The max they could even issue is 900m, which at some point they wont need to issue shares as the business becomes mega profitable. We arent talking billions like some shell OTCs or OTCs without product on the shelves. Real company, real products, real growth.
Depends when you bought.
Good. Need capital to, you know, fund a business...
Plenty of oil reserves and they are already back to normal output. It was a blip. We could wipe our ass with Iran if we wanted to. Didn't the fed just cut rates too? I think the markets are fine. Hell the dow is still at 27k.
The media overblows everything and anything these days to give old Trumper the finger. Not saying he doesnt deserve it but thats the political climate these days. Tough to sift through the BS.
CBD is a great sector to be in. If you have the time and money to lock up, it will pay back many times fold qithin just a year or 2. I think the FDA regs will change everything, and the entire sector will go nuts for a bit.
THEY DO EVERY QUARTER. BOOM!
FALSE. MANY UNITS HAVE SOLD. THIS IS JUST THE LATEST PRODUCTION RUN, WHICH IS A LARGE 100K ORDER, WHICH IS A NICE MILESTONE TO SHARE. VATE IS GONNA BE UNSTOPPABLE IN NO TIME!