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you got me on this one! Thought it might go down a bit and VATE go down a bit to equal the dividend, but not go down to this level.
Live and learn. I have bought low and sold over a penny a few times, so I am hanging on. Playing with house money if you will.
Will see in a year how this day plays out.
Go KGKG, VATE
Digdough, I would think the shares that KG received for the purchase of the coffee (VATE) would be restriced for a time. I belive that will be the case with the shares of VATE we receive also. As a company, KG has very, very little debt. They seem to want to retire the debt. I personally would manage the debt and use the cash for other needs. Just my opinion. Good luck.
Go KGKG
LOL. just got 200K at .0155
Go Longs.
You may be right, it may adjust down a bit. AFTER THE VATE DIVIDEND. Will it go down enough to validate waiting. I really doubt it!
GO KGKG LONGS
Looks like it took a little break to gather momentum. Looks like a track meet when we break .0098. MAC D set up!
We going to Hit The HOLY GRAIL of $.01 today??? Whats next? Will be an interesting next couple of days, and beyond. Hope the longs keep the wolves at arms length and make them pay for coming in late, taking the divi, then scrapping KGKG.
GLTA> Go KGKG
Bid over .009, OH MY!
MoreCoffee: I agree with you about the frustration, but we have to be realistic day to day. There were only 84 investors as of Dec, 31. 2016. Granted, lots can happen in 4 months, and it has, but with the little exposure and few investors, its amazing its come this far.
Sales information and distribution will be the lifeline for the company, there is no substitution for revenue. There are many, many companies that are basic pyramid companies, they rely on new investors to drive up the price without any revenue or equity, when the new investors quit coming, the price tumbles and the investors who are still in get hammered. KGKG seems to have legs to stand on, with good news, revenue and sales all adding up for the long term.
I'm in with you!
Go KGKG
420 followers on a MJ stock board??? How interesting.
Good Luck to the SIPC followers!
KGKG might be feeling the effects of the SIPC run....Slow day.
Go longs!
KGKG needs to get over the $.01 hump in order to qualify for the OTCQB. Hope it happens sooner than later so it can show a history of pps higher than .01. Don't want to consider what would need to be done of it fails. Hope all goes great this week and beyond. Looks like everyone is looking to the great VATE Dividend x date of Friday but I would like to see the pps growth beyond the divi date to excellerate!
www.otcmarkets.com/services/companies/otcqb/requirements
Lol, no kidding. Hope for .0023 each day all week. Interesting spread at the end of the day to. Tomorrow will be fun regardless..
Good luck to you!
Go KGKG!
Someone forgot to put in the extra "0" and boom. At least it was only 10k.
I am usually a long investor, so dollar, cost averaging is ALWAYS a way to increase my portfolio and decrease my cost per share. That said, there has to be a point where there is no value, even in the average. Good luck to you and thanks..
Budman, I own almost 1M shares at a pps of over $.10. You can do the math. With the weak volume and no price support, I would tank the remaining pps with the little I own.. I can cover the loss, which is nice, but gambling more $$ makes little sense to me. I have already moved on with the hedge that something comes of VPLM. I really am not a negative investor, and hope something comes of this stock, but I have heard it ALL BEFORE! Until I see some positive RESULTS, not talk, RESULTS, I will be waiting..
Solid! I agree that there may be value here, and appreciate your enthusiasm, but to call a pink sheet sub penny stock thats just starting its run undervalued is a bit pre mature. You can look at large cap and mid cap companies and get a valuation based on revenue, growth and outlook. Though I am very positive on the longterm success of KGKG, undervalued is a term I'm not quite ready to embrace. Just happy to see the foreward thinking and aggressive approach taken by the new management! Keep thinking positive!!
Go KGKG
I can't wait til "feel good friday". When 500 shares brings up the price 25%. I have been in this stock for 5 years and its the same old b.s. Got the goodies, game changing technology, the whole world is infringing ect. Sitting on the bottom of my portfolio collecting dust!
How does that make sense? I could see after the 31st, but not before. There is enough volume to support unloading, as long as its not 10s of Millions of shares. I guess we will see, but I would not hold my breath to see .005s again this week. LOL, but I have been wrong before.........
Go KGKG
I personally am hanging on to both. I don't think we will have a choice with VATE as they will be restricted. KGKG has impressed me with the direction and constant progress of the company. They have shown to be forth coming with information and have made great headway in a short period of time. Its only been 8 months since their products became available. Its always a gamble, but sometimes you have to follow your instincts and hang on!
Go KGKG
It can take some time for the shares to be posted. The shares have to be cleared for the divy to take effect. I have had shares take up to 3 business days before they post, and then i'm sure they will be restricted for a period, up to a year. This is an interesting dividend though. It has a super high value to price ratio. If VATE can hold on and grow it will be interesting. If not, well who knows. There is no volume in VATE to suggest anyone is buying right now. It seems most money is flowing into KGKG to get the dividend of VATE shares.
It will really be a year from now before we will know the whole story!
Go Longs
KGKG
In the grand scheme of things, whats $35.00? Follow your instincts and pay the freight so to speak. If your waiting for settlement, its just a matter of how much are you investing? Is $35 one percent, 2 percent ect. If your investing $10k its a non issue!
Good Luck!
Go KGKG
Lets keep pushing the Ask. Make the skeptics and late commers pay! Us longs deserve a little love for supporting the cause. Can we get over .01 today? Like the timing of the announcement for Lucky's Markets. Robert Clark for President!!!
Go KGKG!
I'm hitting the Ask like a Monkey with a drug problem!
Go KGKG!
Wesley Smith. What is your take on the volume and direction of the stock this last week? Your heavily invested and seem to know about the direction of the company. Any thoughts.
Go KGKG
MORE SELLING!!! Who is selling, and "How low will it go?"
There are a lot of things that have to go right for a company to succeed. Trying to copy Redbull may not be the right map for this company, though they do need more exposure. Money is going to be tight for a while, and how this management team spends the money will make or break this company. So far, it seems like they have hit all their bullet points and are well on the way to success. Time will tell.
Lets see what the picture looks like in 6 months, or a year.
Go KGKG!
Good Morning: Looking at the volume yesterday, it is obvious someone is dumbing large volumes into the flow. Its being bought, I believe mostly by longs looking to increas their positions. I just hope the investors dumbing don't know something the rest of us don't. This is a pinkie, and I have seen a lot of "interesting" things happen with them. Reading the posts, some of you/us are going "All In' on KGKG. I am hoping its all above board and we don't get burned. Some have bought 10s of Millions of shares, which is great if its money you can live without. Just go into this with both eyes open. FYI, I'm in it long to with a few M.
Any feedback would be appreciated....
Good luck, KGKG!
I know, I got the flow of your message, just thanking the sellers!! Good luck
Thanks for the 500K shares @ .0051.
Go KGKG
Thanks for the 500K shares @ .0051.
Go KGKG
I must be missing something! With the announcement of the dividend and the x date, I wrongly assumed NOBODY would sell any shares and wait for the dividend to be applied. Why would anyone sell shares into this small volume and not wait for the x date? Its not like anyone is making many thousands selling. I'm at a loss. Good luck to everyone who is taking this long.
I picked up 990k shares yesterday, added to the pile
Ok. Here is my last shot at it. 1m shares divided by 10 =100k. That would be one share of VATE for every 10 Kg shares. 100k x .05(VATE share price) =$5000. Maybe I used to many hemp products in the past. Lol. Have a great day.
Ok got it. I needed more coffee. Hope for a Green Day!
Lol. I keep getting $5000. 100000x.05$= 5k??
Here is my take on the dividend, let me know if I'm off base. For every 1m shares of KGKG the dividend will be 100k shares of VATE. With a share price currently around $.05 that would be worth $5k. Currently KGKG is about $.007 meaning net share costs for KGKG is $.002 per share. That's a bargain, as long as the dividend actually gets done. Does my math make sense to you guys?
Good luck to all. This is getting fun!
Confucius: Your wrong. Go back and read the P.R's since the sale.
It has been mentioned multiple times.
Hey Bucks: The Q4 financials are out, dated feb 10. You can see the report on otc KGKG. The dividend on the sale of the Hemp Coffee rights has not been discussed or reported any further to my knowledge. Its the kind of thing that happens with the pinks, don't spend it till its in your account.
Good luck to you, hope this helps.
Go KGKG!
Trader: I live in the San Jose Bay Area and it took 4 days to get 24 cans. I ordered the same Hemp Infused Drink and its really good. I have tried most of KG's products and think they taste great. Hope you enjoy your shipment.
Go KGKG
The shorts keep banging this stock down. Tons of shares outstanding
with many millions either purchased or given as debt repayment at or near .002. Until the shorts are out of shares, us longs have to wait! We can continue to add shares below .008 and keep the shorts happy until they are out of the equation. I will continue to keep adding until the nut pops, then wait for infusion of new $$ into the fray!
This WILL GO. Just has a longer fuse.
Go KGKG