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3 bags of hemp coffee plus 12 bottles of prior label lemon tea on its way to NW Indiana. $57.35 - free shipping
Are you expecting push back on any non 100% Covid-19 issues added to Phase Four Stimulus?
I don't follow government workings with anywhere near the effort you do, but I have heard if various "pork" legislators try to add to Phase 4 Stimulus, they will will meet stiff resistance. Even worthwhile items like Hemp banking.
Large purchases at ASK
Wish the buys would go up instead of down. Others would jump in IFMO and the share price would return to .02 or higher.
Am glad you got your shares NorfolkIP - you are one of the good guys here
I learned a couple things about VATE while snooping around on internet yesterday. Maybe well known to others here but I will list:
1. Blessed Bean has a very wide amount of coffee flavors. I've posted my thoughts for their private label revenue before, but looking at their website is helpful. Solid revenue source as hemp/cbd gains traction.
Hope is they ship bulk amounts to retailers and coffee shops.
2. The original CBD lemon tea was distributed out of 121 South Orange Avenue in Orlando. That is a condo located a few hundred yards from the Orlando Magic (NBA) arena. Nice condo on 15th floor. The new label CBD lemon tea is distributed out of 250 National Place in Longwood FL. This is an industrial warehouse that Blessed Bean/Elev8 has a portion of.
This gives me hope that things are progressing. Also company isn't idle even with no shareholder updates.
I suggest doubting longs (like me) check out these locations on Google Earth and the Blessed Bean website
Seems weird to me they put effort in and develop whole bean CBD bags and don't appear that interested in marketing/selling them. I continue to think extremely positive news is out there that we are not yet getting.
Hope the white label sales including the 2 year contract mentioned in attached PR from last Sept. are holding up. Haven't seen much from the single serve cups.
https://www.otcmarkets.com/stock/VATE/news/Elev8-Brands-Inc-Introduces-New-CBD-Whole-Bean-Coffee-And-Single-Serve-Hemp-Coffee?id=254675
Hope VATE is at the stadium when the game starts.
Knowing what you know......If RM hired you as a consultant for the next 60 days, what advice would you give him?
Where are these shares coming from?? As mentioned often here, share counts have not been changing month to month.
Ice tea including old label 12 for $30.50 including shipping.
https://elev8hemp.com/
Several of us are in the same boat. Can't imagine anyone owning VATE a year or longer is happy to be here. Only reason for current holders to buy is to average down.
Until practically all stocks were hammered in the last month, I would still have invested new money in VATE. Now there are so many options.
Got to believe Elev8 decision makers have some sort of plan to sell their products beyond the struggling distribution system used to date. Of course they see what is working and what is not.
A lot goes into adding new flavors of tea and coffee. Enough has to be produced to keep the unit price reasonable and all that production has to be sold.
As a passive investor, I bought into VATE potential and the potential of CBD/Hemp in general. Bought a large amount (for me) and continued to buy shares as price sunk. Not going to sell for the rest of the year unless price explodes to the upside.
I would add sister company that sees behind the curtain has the 1.5 million dollar note due in the future. They must feel this is going to work.
Agree...........Things are happening like lemon tea sale and whole bean CBD coffee.......But we are overdue for a meaningful update.
Will someone explain to me in layman's terms (not technical cut and paste) what s-1 does for a company like VATE and why it is worth the effort before ramping up business? Thanks
I think that is smart. A lot of stocks to put money to work now. Hopefully after 30 days (assuming non IRA account) VATE will be attractive for you to return and you can still claim on taxes your loss from this time.
Sleek - How big do you think VATE's shareholder base is? My guess is well under 100. I realize people own VATE that are not on IHUB.
Have not seen people new to VATE around here in many months. That is hard for me to understand as the growth in CBD/Hemp industries in 2020 and beyond looks to be huge. Why aren't people seeing it and buying into VATE? Maybe because nothing comes from the company.
Maybe RM is in a quiet period and can't say anything. A healthy stock price is certainly in his best interests.
The path to a healthy stock price is many more investors consider VATE with their new money. Those investors haven't come to VATE based on the apparent growth curve the industry is about to go on. What is needed is communication from the company.
MWYO,
Now that it has been a couple weeks, what is your review of the CBD whole bean coffee? Favorite flavor?
Do you feel benefits above and beyond other VATE products like hemp coffee?
Thanks
12 pack of lemon tea with old labels came. Nice job of packaging with 12 shrink wrapped bottles in box. Obsolete packaging isn't such a rough term here. Product has only been available for several months.
Strongly suggest anyone wanting some lemon CBD tea get some at this 40% discount. $30.50/12 with shipping included.
My 12 pack of lemon CBD tea is on its way from Florida to Indiana. Email says 1-3 days USPS Priority mail. Cost $30.50 including shipping or roughly $2.50 each. Great sale price on tea. Suggest anyone in US reading this buys some. Don't care that the label is obsolete.
Actually I have been looking (and complaining here) for action from the company that we could directly see. Putting tea on sale to clear out old packaging is a comfort to me.
I feel many of the initial 20 distributors are no longer active. Wish they were as one of them covers (or covered) my area of NW Indiana. Another posts here regularly.
VATE success won't be based on distributors buying partial pallets every once in a while. I think VATE knows this.
Thanks for heads up NorfolkIP! Just bought 12 pack for $30.50. Shipping cost was 0. Previous buyer of all 4 flavors - old and new packaging. Good opportunity for those yet to try tea.
Everyone has their own stock market goals and making a quick 5-10-20% is great. But imo this share price would be at least .02 if those that believe in VATE bought at ask instead of bid. And raising prices would be a catalyst for others to join in. Gains would dwarf 5-10-20%
I agree and think this could be an incredible opportunity for VATE longs. VATE certainly looks to be active with the new CBD whole bean coffee bags and fairly new tea flavors.
My favorite VATE event is one barely mentioned in a single press release months ago - 2 year white label contract.
My hunch and hope is a lot is going on that we don't yet see. But VATE has to open the curtain a bit so new stock money deployed comes to VATE and not another of the hundreds of appealing stocks once recovery is apparent.
Probably day before s-1 approved
I would vote for a release that would't teach us long term holders much, but could support a share value higher than current. Again we all know Coronavirus is playing tricks with all stocks.
. no debt
no selling of shares
s-1 and what getting it means
FDA and USDA - some sort of indication VATE is ready to roll once government guidelines known
How do you know what rock bottom is for VATE or any other stock? I could really use this information. Could have used it over the past 25 years.
So are you going to sell now and buy near .001 at end of week? That would fit your strategy from prior posts.
Of course there is a little Monday Morning Quarterbacking in all of us. I have seen and appreciate Mwyo's reports from his visits to Orlando.
I also see the new tea flavors, CBD whole bean, white label contract among other growth items at Elev8. No question a lot of time is being put into VATE operation. Don't really understand the S-1 component.
I've ordered all types of coffee bags but decaf and expresso. Love them all and they have always arrived promptly. Tried and like teas as well. I know money collecting (Pisque or whatever it is called) must have set them back. Glad they are no longer needed or used. Never heard about them officially and rarely heard about them here. Told me many board contributors weren't product buyers.
Many if not most distributors from the initial group are not active. The big NY group, Youwish, my NW Indiana group Legacy don't do much if anything with Elev8. Hope current efforts are to directly land product in bigger stores instead of smoke shops.
I am invested and not selling any shares. But I am not buying more until I can get a feel for where the company wants to go. That may be a shame as price well under a penny a share. Of course I thought I was an investing genius when I recently bought at .014.
Caronavirus puts a damper on everything for all commerce. My comments assume this will pass and world will get back to normal by summer.
You confident that RM > Tew? I am hopeful but taking side that RM is over-disregarding shareholders. Of course the stock price collapse hurts RM as he has a lot of VATE shares.
But we don't know if RM works 5, 40 or 60 hours a week. Very encouraged by the CBD infused whole bean coffee bags. They can't be developing these products with no viable intention of letting the public know about them - can they? White label 2 year contract mentioned a couple months ago is of interest as well. Maybe more white label deals are in process.
Easy to agree this last share price plunge has much more to do with virus than VATE operations.
Hopeful VATE uses this market slump to get act together and communication will increase as overall market recovers once virus scare is behind us. And hope the communication is what we want to hear.
I keep buying and it typically takes a significant drop within minutes of my purchase.
My hope is VATE gets ducks in a row and once the health danger is past and all stocks recover; money will flow heavily into VATE and we will all be very happy.
What would you consider realistic deadline to have regulations in place for 2020 farming season?
VATE #1 in the sector = winning the tallest midget contest.
Of course I bought more yesterday at .012 (missed .01) and would buy Vate if I had more to invest now. I've sold my other stocks and bought Vate these past 2 years. Tried many of their products and really like them all - given I put some Muscle Milk in iced coffee.
Drowning in 10' of water isn't better than drowning in 20'. We all want to make a good return - not be happy investors in other CBD stocks are doing worse than we are.
I'll order a bag. Which flavor did you brew?
Probably someone that bought at .0125 or so recently sold around 170,000 shares today at .014-.015. Can't blame anyone for making some money but that sure halted the momentum. Thought we would see .0175 today
Mwyo,
Hope you have a good visit to Orlando! While I imagine your meeting time with RM will be filled with your questions, I would like to throw in a couple:
1. What is status of updated formula for iced coffee?
2. What is shipping price policy? My last order of 12 pack tea and 2 coffee bags were free shipping. Came separately. If I were to order 4 coffee bags to get over $50, I pay significant shipping fee.
2b. Some of the shipping options (UPS early next day) are silly expensive. The default shipping is much higher than the best option that is 5-10 bucks. Could the default shipping option be changed to a more realistic choice and several of the non feasible UPS shipping options removed?
Thanks
Good to see the whole bean CBD coffee available online.
VATE vs CBD sector is like comparing Chicago Bulls to NY Knicks. Just because Knicks are worse does not make me feel any better about Bulls.
EOY financials can come out with 1st quarter report.
VATE has a lot going for it and I am keeping all shares bought 1.5/2 years ago. But this news blackout is troubling.
Can't tell if RM is visionary, wants to run small company, or cut from same cloth as disappointing MJT* Tew.
I don't expect to get PRs all the time, but we should be able to gauge the temperature of the company better than we can.
I would add that becoming a salami may have put heat on VATE before they were prepared for it.
Also I would add that if I (any of us) bought a group of 10 CBD/Hemp/Mj stocks, I'd be in the same place as my 100% CBD/Hemp concentration on Hemp.
As I said a few posts back, long term current holders have no reason to add except to average down. Wish VATE would change that.
Thank you Sleek for your detailed reply to my post.
agree or give existing long term holders a reason to put new $$ in VATE - besides to average down