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Here is some reality. Anyone buying at .17 peak like that, didnt read the chart well and deserves to hold down this far. Thats not VATEs fault if you enter position at an all time high. I imagine only a small few actually did that, the r3ality is that most have bought between 3 and 5 cents. Itll rstchet back up, always does, and at some point as the industry explodes, itll keep the new gains. Great time to buy.
They should be, especially in atart up phases, thats the entire purpose of being a public company, especially with growth, you have alot to pay for. If it wasn't so damn expensive to go public, Id do the same thing.
OMG A PUBLIC COMPANY RAISING CAPITAL BY ISSUING SHARES WOOOOOOOWWWWW ROFL
Interesting observation I wanted to share and get thoughts on. KGKG has 88 shareholders of record (any person or entity with stock ownership) and VATE has 503. What is interesting is the difference. I understand that shareholders of record aren't just individuals, but brokerages with registered holdings of stock (trade day + 2 minimum at time of recording). I would assume at least part of the difference is due to VATE being on the OTCQB with access to more brokerages? Or could it just mean more people are "trading" VATE? The last update for KGKG was 88 on 6/30/2019 and the last update for VATE was 503 on 4/2/2019. Thoughts?
When you buy low, no rush to sell. Even with the dips in between people in subpenny are still way up, and if they believe in the company, have no need to sell, more gains to come. Enjoy!
The same DD watched it go sub penny to .1499 in a year. Enjoy!
Today was a good reminder to the market that VATE is a real company with real products. Clearly VATE was in oversold territory, just look at that RSI after today, beautiful. Nice end HOD.
Ended top of candle with above average volume, should continue Monday.
Yup, good stuff sleek. Been meaning to get back into KGKG, but out of ammo and whats left is in VATE.
Plus nothing left to dilute without issuing more shares which they have no reason to do. All thats left is a measly old 33m of employee shares in restricted.
Agreed
8333 cases, at $22.80/cs to distros. Looking at ~$200k in gross rev just from the tea. The fact they are manufacturing this much also probably means a savings for them, so less COG.
208 cases per pallet, say 1 pallet per distro, basically eats up half of the production right off the bat with a 1 palet per distro spare for reorder. So expect $200k in gross rev in the span of a quarter just from tea, not counting anything else. Good stuff.
We finally have seen 8s again, last time here was what, 9 months ago rofl, yet was called for daily the entire time, hahaha. Still domt see 7s 6s 5s 4s as promised. Enjoy!
The most bungled call in the history of stocks was last August by a rookie who called KGKG going to sub penny and that the RSI was too high when it hit 3 cents, rhen shot to 12. If anyone would have listened to that call, they would have missed out big.
I also love how RC occassionally retires shares and lowers issued. Its all good.
Except they dont need to do that at this stage, they are proditable now and still growing.
ROFL, disnt you sell sub penny right before lift off due to high RSI?
KGKG doesnt have any debt, let alone toxic debt.
Many of us made a killing on KGKG as we were in it a year ago and didnt sell in sub pennys. Smart money knew better held, made massive gains. Enjoy!
The stock was at a penny a year ago, id say the healthy dilution has easily been absorbed thanks to solid fundamentals and exponential growth. A look at the yearly shows that trend so easily. Need capital to finance growth, all public companies dilute to be able to raise capital, thats the entire purpose of being public. There is no debt or toxic financing of any kind the fins show this as well as the fact, they dont need financing deals, especially sitting on millions of VATE shares, and being in the green, and making money now.
Nobody listened because it went up 23%.... Do you think we wipl see 8s, 7s, 6s, or any of the promised PPS?
Think we will see KGKG PPS hit 4s, 5s, 6s, 7s, or 8s today?
Think we will see KGKG in sub pennies today? Looking to buy back in. Heard they were going sub penny.
Yeah, literally exactly $50k.
I think the OTC has algos like any other market and that this time of year they are just bearish. Idk for sure though, just the vibe I get, cuz this always happens.l
Every year in the markets.
TA updates the verified OTC profile on 8/7. The date they updated it before then was 7/5. The TA is absolute, they cant choose not to update the SS l, and they do update it, in fact they update it the same time KGKG does theirs, because its the same TA.
Correct, let me spell it out for you. The O/S for July was 531m. The OS for August is... wait for it.... 531m. Guess what that means? No dilution.
Instead of always yelling DILUTION DILUTION, I actually read the OTC profiles regularly. The transfer agent updates the verified prof8le once a nonth. In July the OS update was 531m. In August, the OS update was 531m. No dilution.
Lol, massive dilution with 2m shares haha. Not to mention, 0 dilution for July reported.
Except not. Every 3 months it spikes for a few weeks. If you cant hold long, get in on the spikes. I recall many a fine run before I was even in this stock. Dec 2017 anyone?!?! .17. We know the potential when super catalyats hit. Its almost laughable to even discuss negatives in a sector that if we literally qalk away and come back in a couple years, will show dollars. Imagine getting into tech or oil back in the day, like thats us with our little penny stock... Time will make us all rich, until then, ride the spikes or invest long. There will be massive returns.
Do you think we will get some sub-pennies today?
This happens every August with many OTC. If VATE continues its quarterly runs, September will be fun, maybe even perfect timing for FDA announcements.
Do you think KGKG will give us 4s, 5s, 6s, 7s, or 8s today?
Not in our case. These are basically healthy day to day drinks with CBD isolate, 10mg at that. If/qhen CBD is allowed, it will most definitely meet any requirements since its isolate, plus its only 10mg, I can guarantee you that amount will most definitely not be an issue, especially taken orally.
Seen it before and not just wth them but other OTC stocks. Its obnoxious as it should be finance 101 for public conpanies, but shockingly its not for many. Consider it a buying opportunity...
If I had the ammo, Id jump back in right now. This is so temporary due to the yield sign because of a dumb mistake with financials. Itll be right back up. Alot of short minded people forget this was at 12 just a few days ago, and the trend is clear where this is going, just looking at where it qas 1 YEAR ago, as well as the amazing growth in financials!
Will we see 4s, 5s, 6s, 7s, or 8s today you think?
It needed to be paired with a catalyst apparently. Alot of us thought as a bullish technical indicator, it'd be enough, but we were wrong, oh well, moving on.
Lol what?!?! This is a joke right?
Erpy nailing it again! Go VATE!