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Still putting up bids. Risk is worth the potential IMO at sub 1m MC. Hoping dilution speaks to a larger story behind the scenes, rather than shady tactics.
Same, 10K will likely make or break this. The accumulation, despite dilution, tells me others are probably waiting for the same. Guess we will see, hopefully soon.
2m shares diluted in the past week, all to unrestricted.
OS
12,288,299 - 1/30
10,123,699 - 1/24
Pps went from the 0.048 runup on no news Fri 1/22 to 0.028 close last Fri.
Convince me this isn't a dilution scam.
The quiet accumulation above 0.03 is encouraging. Primed for news...
And here this sits just shy of $2.5M MC. Ground floor...
New covid strain is vaccine resistant (South Africa).
https://www.krisp.org.za/publications.php?pubid=316
Awful news in general, but good news for Gocart.
Well I won't complain if it runs, just was curious what others were seeing that made them pull the trigger. I'm only here for the low float, thin l2, and recent buy volume. Nothing else I saw was very compelling, in fact the allegation that this is dilution scam has been thrown around here quite a bit historically, so just a small lotto play for me.
Loading here, gambling for news. Recent buy volume has me thinking this will run sooner than later.
Not without news. Looks like 26 will get tested again at this rate.
Always another wall. Someone doesn't want this to run, at least not any time soon.
Why were folks loading this yesterday? I don't see any upside from here.
Nice bid on 26. Would be nicer to take out that wall at 31 though.
Waking up?
Oh walls are being clocked alright, maybe not in the direction you expected though.
No catalyst, no news. Pumping old news doesn't make it fresh, amateur p&d.
Can't blame WDLF for diluting billions of shares here, they probably never expected to see pps above trips. What a payday for them congrats WDLF!
WDLF only owns 15.17% of MjLink’s outstanding common stock shares.
Funny I brought this up two days ago and got told off, guess it only matters when it's highlighted in a PR. Party is over, back to trips.
WDLF shareholders aren't entitled to anything. Why should they be? This had been sitting in trips for months before now. Why would MJLink undercut their IPO with a deal like that?
A wholly owned subsidiary is a company whose common stock is 100% owned by another company, the parent company. Once MJLink goes public through their IPO, they will no longer be a wholly owned subsidiary of WDLF.
This is what I was looking for, thanks. Still confused about the MJLink IPO and how exactly that fits in with WDLF, but I guess we will see in the coming months.
Yeah I get it, and my argument remains the same, it's a partnership between software and content/comnunity. MJLink provides the content and userbase, WDLF supports it with the platform/software. I'll bow out for now and see how it all plays out.
I assume your reply was intended for me, and yes I did see that and all it tells me is what I already know, MJLink's platform is provided for by WDLF's software. AFAIK MJLink itself is its own entity, and can even switch platforms if it so chooses, it's not a marriage between the two. When I see the IPO for MJLink I can't help but think that that's where the real value will ultimately be.
Are y'all hyping just MJLink or WDLF? Why would one expect to see the returns fantasized about here on WDLF when MJLink has it's own vehicle for investment?
https://www.mjlink.com/invest
What I'm concerned about is people coming here thinking they're investing in MJLink "the facebook of weed" when all they're investing in is the software it sits on.
This tweet in particular caught my eye as well:
$WDLF As of September 28th, 2020 the Company owns 15.17% of MjLink’s outstanding c/shares, and will own 2.26% of MjLink's stock if the total of $50,000,000 is raised through the Regulation A Tier 2 offering. So if MJLink is the hype here...https://t.co/g6gq65mjqt
— Fat Freddy (@fatfreddysays) December 5, 2020
Yea good luck on that without more news. One fluff PR isn't going to be enough to reset SOAN's reputation. They've had patents before and look how well that turned out.
Doubt 0.005 holds much longer, give it a month or two and should even be able to scoop up 0.002's or below. Sidelines until then. Knowing SOAN may be many months yet before we get any scrap of news.
External confirmation adds more credibility. I no longer see this dipping that low, unless there's no PR for weeks or months on end.
Good find... Looks like I'm wrong, this might actually be genuine this time. Past history doesn't paint a pretty picture but appears this may be a new SOAN we're dealing with.
Today was just a taste of what's coming. 0.002's or lower by eom. That's the true loading zone if you dare.
Glad people are finally waking up to this scam, don't let Soan steal your money. This needs to slingshot back to trips where it belongs.
What's worse now is that with all the new bagholders the previous lows of . 002 will get blown out of the water once honeynoon is over. Pick this up in trips and not a moment before, rinse repeat.
Only news coming is the impending rug pull. This valuation is insane given Soan's history, they're going to fleece retail same as before. All this pumping on a fluff PR with a patent as the carrot, FDA news will never come.
Anything over trips is overvalued. The company's flagship product was a penis pill and now suddenly it's going to cure MS? What an inspiring success story! The only nickle this will hit has three zeroes in front of it.
Or it's just baggies from the most recent PR scrambling to pull their hands out of a beehive.
Any guesses as to when we hit triple zero?