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Every hands a winner and every hands a loser and the best u can hope for is to die in your sleep ..such is the otc
Hate to be x-mas grinch...but hope everyone here understands this company is a scam and has been touting cancer cure for years with no evidence of results of any kind. Their covid drug has been in mice trials forever as well..oh well..just trying to warn you. Do your own dd
Shtt...you really have every base covered in your prediction there..LOL
Cheers. Enjoy.
I've been saying this is undervalued since th 3s. Tired of saying that
If this ever gets tha low will be the greatest value destruction by a ceo ever. Too bad we don't have a real board of directors that can force this guy out
None of that makes a difference if the pps loses 80% of its value along the way
Been here six months and the co may be good but this ceo has lost 80% pps. I don't see that as particularly earth shattering performance
4M per year in revenue @14% operating margin (last qtr results annualized)
Property in Canada has an option for the tenant to buyout @10M in 2022..and we know inflation and property values have increased above avg most recently...so no reason to think it is worth less than in the buyout option
That being said...this CEO will figure out a way to keep this in trips ...I have faith in him
MFKG LEON has a real business unlike most OTC CEOs and the price performance is ridiculous..this guy is either an imbecile or is managing this stock price for different objectives than the benefit of the shareholders
And when he does open his mounth...he fumbles the message and talks like he's walking on eggshells and not an OTC CEO. He wants to continue funding this company through share selling..he better go to night school on pumping a stock and recruiting new investors..he sukks at it
Leon accomplishes nothing with a reverse split.
The price will be in trips again before creditors can dilute their debt off. He needs to get off his arse and pump this shtt or you can forget about it
Shoulda waited till Jan. I'm sure we will be lower by then
Counting on it. Waiting to load up for the new year. Looking for those 1s
Tax writeoff is about all this is good for now..if you need it that is
However, despite Leon, this company could still see a bounce in FY22...just because there's a $4M annual business here in what should be a slam dunk business model about as predictable as funeral home business is. But then again..I'm not counting out the marvelous ability of Leon to continue to screw shareholders and sit on his hands while MMs and creditors (each in their own special way) shred this pps
It takes a special CEO Talent to run a stock to the ground with a real and growing business behind him. Gotta give him props for that.
Of course..the trick is knowing when those scammers need to pump this and timing your entry and exiting before they let it languish again...they've been at this for a long time...so charting is actually useful here
There in mice trials...forever it seems
Have to agree with you.
I've often wondered how the three scammers make money with this
My theory is they short their own ticker and make money after they pump it on the way down...then rinse and repeat.
Hey Rad..love your post..doesn't change much here over the years
So what's a good entry point for this P&D? Any ideas?
I know they go through cycles here...it's just a matter of timing the next one.
Worst CEO in the OTC Candidate Leon managing this to 80% loss of market value in less than six months.
I will be looking for the 1s in January to load up for the new year.
Happy Holidays All.
Ok..you answered my question. Still a cesspool and always a cesspool.
Good luck
Ok..I'm back checking in on you guys
So..is this a good time to jump back into this sewer of a stock...and can one expect to come out of it without shtt all over oneself here..?
Addiction treatment is not super sexy concept you can sell..like crypto, or a new AI technology, etc...so you gotta to be extra savvy at how to do that as an OTC CEO. I really think Leon doesn't give a rats arse about PPS here...we can only hope he will listen to creditors who will soon be holding worthless convertibles if this shtt continues to drop
OTC = Las Vegas without the Neon
That's the main problem here. To get out of this mess..it's going to take world class pumping and volumes like we haven't seen here for awhile.
That may happen next year before March perhaps...but we already had a good qtr and the result on the pps were not reflected.
Can't deny any longer that he is not managing this for shareholder benefit.
Whatever his objectives are ...they are not maximizing shareholder value
Loosing >80% of market cap since June 30 in any other company with a real board would get you fired as a CEO
Our CEO needs to take the course "Pumping 101" or "Introduction to Pumping" designed for would be shady OTC CEOs that want to learn the basics. I could refer him also to few other's I've known that are masters at it.
I see bids and asks of 20M+ shares within one tick apart for a few hours now and still see only 23M traded today...what MM games are at play here I wonder..Does someone really want to sell 20M @.001 or is that yet again.. just another virtual wall to keep this price in the dumps
Never bought into Covid Clear based on an MOU. Not the reason I invested here
Net operating profit was 14% on the $866K Revenue
CEO said ARAI had been profitable for all three months of the qtr (since month seven)
Son owns 100M shares supposedly, so I'm sure he's happy with daddy about now
Like me. But I'm not keen on doing that even th0ough I hate to overpay Uncle Sam
80% down in PPS since June 30 with only 1/3 more shares
There is much more than dilution here at work
1) Mostly Silent CEO - apparently cares little about share price (even if his own family owns...what a nice guy he is). When he does put out a PR it's confusing, unfocused, uninspiring, and of little use with few exceptions
2) MMs driving this downward relentlessly...look at the whale trading on display now
Let's see how far down the sewer this turd falls before I take another shovel of it into my bucket and average (WAY DOWN) and hope for the best here
Hoping once they've reach their goal whatever that is...and also once creditors become pizzed enough at our CEO since they can't cash shares in at .0001....perhaps Leon decides to figuratively flap his gums for a change and if he does..let's pray it's not about buying real estate again
IF that were true they never would have purchased the business to begin with
The funding scheme (dilution) for the company will come to an end soon as we free fall.. the spread will be ever more thinning to make money for the creditors on coversions. When you're in trips...you gotta convert alot more shares to recover an ever smaller amount per share..and that will just lead to more price erosion...a vicious circle. I dunno what Leon is thinking anymore. If this were a private company with a real board of directors he would be out on his ear tomorrow
Of course very transparent now what's happening here. Until volume is much higher and stable here..we can't get a read on PPS...it's just one paint job after another now
Per my earlier post..dilution cannot be solely blamed for the share price drop by 77% since June this year.