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People still in love with speculation. Which is fine. Some people made a big bet on GDVM and won nice. But it’s coming crashing down as it goes. Wish I could buy shares short. It’s still an OTC penny stock and do they have $2m in annual revs with hundreds of thousands in the bank and owe money to basically no one?
Interesting and well laid out summary of OMID. Enterprise value most recent quarter is twice the current market cap. This gives a great visual snapshot of a number of metrics quarter by quarter as well and shows the clear progress we’re making.
https://www.tradingview.com/symbols/OTC-OMID/
Lol .75 cents and I’m moving to the USVI.
Any OTC Pink stock is speculative enough! It's amazing after all that's happened this year to everything speculative, stocks, crypto, etc... that $OMID isn't more interesting to these people than fraudulent shells with CEO's who's photo has never been posted online.
He could go at this speed for another year and turn around 4th Q 2023 and buy 25-40% of this company back. Then destroy those shares. Doing so allows him to gain a larger stranglehold over the ownership for himself without diluting the SP and also increases his own wealth significantly as now his shares are worth that much more. If as was suggested by Upper, the end goal is to sell… and it kind of has to be because he’s not paying himself nearly enough… then this audit and crushing the share price because of no PR’s played right into his hands. And it’s not rocket science. Like he sees this too. The only reason this wouldn’t happen is if this was all a scam (which it’s not) or he plans to run this for 30 years and pay himself $500k+ in salary a year. But he will be richer faster and able to move onto the next venture if he sets himself up to get rich by selling. And he alluded to a share buy back or some sort of lowering of the float on Twitter 5 weeks ago. This is what I’m seeing at least.
Someone else pointed out how focused he is on the accreditations. Those have value beyond any revenue figures. If you can sell accreditations and certifications without debt, that’s huge. I have a friend who works in legal sports gambling space and his casino employer is basically not giving any F’s. He’s frustrated. I said they should market this way or that way. He said they don’t care. They got a license. The license is worth more than anything else. They just need to maintain it until someone wants to buy it. Zero reason to try to compete with MGM or Foxbet for a bigger piece of the daily risk pie. And take on debt acquiring customers. Everyone’s license worth exactly the same. Food for thought.
The audit is tied to an uplist. It’s not the accountant telling us the rules, it’s the exchange. Also Jerry, hang in there. But let’s just be honest and frank… this is not a short process and it may be years before we get to where we’re going. There will be stops along the route for people to get off the bus. But I’d love to see you hit a grand slam. He keeps filing on time. And as he does that, I keep adding. Got some .029’s this week.
All smells good. This has the feels. SO WHY NOT US???
Yep. Need the audit to get done. We're going to run once we come out of this. He's building a hell of a foundation no debt piles of cash. Lord knows the relationships he's building that don't show up in the filings. Guys like Adam who say what they're going to do and then do it are in high demand. Every future business deal and relationship is built off of that. And it snowballs fast once you get the bus moving downhill.
It’s been asked before but who’s been trading OTC for a long time and has a legit time frame for uplisting audits? Is it like 6 months to 3 years or does it have to be a full fiscal year cycle? Anything notable to know that can be added here?
Lol orca is the thing on the chart about someone loading. Couldn’t be more negative but still here. And bro my message to you? Hope you hit. Rising tide lifts all ships.
I still don’t understand all the caps tho
Adam definitely has to have a shareholder party when this thing blows its top. Like Steve Jobs. Stand up there an announce the rec mj license or the 10 year manufacturing contract for Walmart white label gummies. And then we lose our minds.
It would be a real shame if the gummies bottle I got this week wasn’t on store shelves. The branding is professional. It’s sitting next to a CVS brand ibuprofen bottle on my kitchen counter and it’s notable which one calls your attention over the other.
As in PEAC Wellness etc is in store fronts?
Definitely agree rainout helped Phillies. We can throw Suarez now and may never need to pitch Syndergaard.
I did try one! Taste was spot on. It was obvious it came from pros and not a friend or neighbor you call when the family’s out of town haha. I only had 5mg because I didn’t want to get in over my head on dosage. Effects were mild. So I’m still working out kinks on effectiveness. We have some gummies from our trip to Denver this summer still and I did 5mg of that on Friday. I’m a lightweight and that turned me into a nut. OMID delta 8’s tasted better than what we brought back from Denver fyi. But THC content different too. So anyway still working on figuring out the right dosage for my OMIDs.
100% my experience so far has been positive and if I can get dosage down, good chance I’ll be buying more stuff from Adam.
Got my delta 8 gummies just now. Packaging does look great. Can't wait to dive in. Not tonight though. Heading out for game 3 of WS. Need to be focused. Go Phightens!
He was. It’s lagged a little during the audit but always on time. Not a knock on him. I’m sure with higher standards comes more time needed.
Call JG Wentworth
I just bought some delta 8 gummies, should arrive Saturday or early next week. Thanks for the inspiration. I started trading OTC December 2020. I got my first OMID shares January 2021. Coming up on 2 years. It's the only OTC stock I've held. This is also the first time I've placed an order for actual product, though. Very excited to give it a try! I'm going to give these out to as many friends as will take them. There's no better messaging and advertising for OMID than putting something tangibly enjoyable in their hands.
Great post. Bravo!
There was no volume. Investors had a strategy. Buy and hold for big news or sell and wait. They’re just following their original strategy. It’ll be at 10 or 11 again by end of the week
Well then I’m buying more shares Monday
lol could also mean NYSE or Toronto Stock Exchange takes a missile. Rather not play that game.
Load up.
People loading up in advance of the call? Low risk high reward to load right now at these prices. Anything 12 and under is almost no risk depending on how long someone plans to hold for.
I feel like if I write on here that finally we have strong enough support to hold something more than 3 cents and it feels great… that someone is going to read it and take it as a cue to screw us and take this down. But full speed ahead and good luck to all.
I’m just commenting to keep us in the top 5 of the breakout board! Haha
There’s search data out there showing people are researching stocks at a much lower rate than basically anytime in a long time. And OTC is of course the last in line. So if people aren’t even looking for NYSE Nasdaq stuff etc then it just is what it is right now. If you want attention you have to do some serious targeted stuff. A tweet wont find anyone. Those people who read the tweets and then invest are all dead and gone. It’s just us now! Penny stock Lord of the Flies! The retail trading industry is being destroyed. And probably will be like that for at least 1-2 years. Just got to keep watching Adam build a real company.
Fact is $OMID balance sheet and chance to navigate next 2 years successfully is better than Peloton or Carvana.
Order is in. Help me fill it
Long past time to get rich off this. Time to ride.
You’ve probably found it already but pardoning all federal minor marijuana offenses. And we’ve got a new tweet from Adam tonight about it! A speculative tweet. Somethings up. Audits got to be done if he’s putting float reductions out there.
Got to try and hold this above 4 or above 5 today and tomorrow. Sustain these gains.
oh man
No one is selling anything here. I've been sitting on a 10,000 share buy for a week. Just wait for news.
Someone’s got to keep pace dumping their allotted shares for the quarter. Build demand up. Then dump.
$OMID great store of value during hard times. Already at bottom. Will rebound before greater market. Make money here. Then rotate to destroyed blue chips late October.
Fire who?
Fair. Just the audit process moving along. We’ll get a full explanation one day soon
I guess what I don’t understand was what does “zero involvement” mean? Arguably I have zero involvement with $OMID. I’m just a powerless shareholder. The shares are an asset, right? What’s in it for us to return them and not just hold? Some sort of monetary consideration?
Anyone have any strong theories for what’s going on here with the looks of $OMID giving $GDVM shares back?
Lol if true, that’s penny stocks for ya. Young dudes who grew up with each other basically with a startup. Hope their accountant didn’t catch one from Big Pussy Bonpensiero like Jackie Jr. Based on Jerry’s previous posts, I’m inclined to believe that’s something Adam wrote…
Next man up!
I’m back in at 9. Been out since December when I sold for tax reasons. Trades thin enough it should be an easy 50% the next two months even if they don’t make a big splash in October. Good luck guys!