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Good Morning,
I certainly like it when the company is relevantly low key at this time. I mean this with respect to the dilutive factor and this usually denotes an announcement is coming. I will say that things are in the works, and .0005 is a buy and a nice approach to average down and this is especially good for the folks that bought into this when we reached the high and left many looking for a rebound in profit territory. You may have this chance now.
Many penny arcade companies have a terrific business model and should be able to give shareholders much to gloat about, but what seems almost an absolute common occurrence, is the prevailing dilution that interferes on ROI. When a company resorts to equity financial instruments it is on the burden of shareholders and within this process destroys one ability to maximize your return and it is for this reason why one has to stay on top of these penny issues and not tuck them away in your sock drawer.
Aside of a decent business model that CBIA has, the common denominator with this company is dilution and although, it has abated for the last week, it has not ended, and I stand by the reasoning that the upcoming announcement with collaboration with a strong entity is your one final chance to reap on the next bull run.
Make no mistake on this next run, it will happen and will be a great run well over .001.
This is a buying opportunity at .0005.
This is your Santa Claus rally and take advantage of it, because there will be no chance after this run.
Merry Christmas and have a great New Year.
Have a good day
varok
Good morning,
The move the company made to drag this issue where it is now is one total blow to shareholders, but a typical China move.
With respect about R/S. I doubt that will happen since the share structure at its present is attractive enough to hold. The company needs liquidity and a spilt would certainly be a negative in this part of the debate.
Now with the share price going below .01 seems almost a likely bet (no pun intended) and will have to be for 5 trading sessions and then gets removed from Nasd.
This appears a likely scenario and a R/S would not be able to keep it above a $1 which is the template. Company has 200m O/S any R/s to put it over the threshold will amount to having No liquidity and that is a nonstarter.
Have a good day
varok
Good afternoon,
The 8-K released on the chicken deals and the sugar deals with respect to discussion is real. However, there is nothing in reference on these deals with respect to actual contracts and more importantly both of these deals are based on contingent of actual monies or financial arrangements to be met. None of these important factors have materialized. This is the current situation and until these 2 factors are realized the issue is moot.
Now with the China deal and certification is real. The GACC Registration in China, paving the way for contract execution on commodities is a real milestone and sets the company up to do business is extremely valuable but these events are simply procedures in getting their foot in the door. The financial structure that is in negotiations must be real and where the now part of these deals is placed. This is the burden at present. Will they get the financial asset to move forward. This is what I'm looking for.
The 8-K and the wording of these documents should be taken with deliberate understanding what is expected, and they are not 'BS' as some here may reference. The documents represent more intention than actual events. There is nothing in these 2 docs denote the deal is done simply what the requests are and until these are finalized, we will not see any improvement in the Share Price other than a downdraft and bringing this share price back down to realistic fair value.
The current MC based on over 3B shares is $2.3m and this is fair value and until a final contract is signed this company will language at these levels if not lower.
The company sent out very promising PR and in itself does not construe false or misleading info. Maybe more on the hope, but nevertheless is an indication of what to expect once these deals come to fruition. This is where we are now.
Buying range will be in the area.0004-05
Have a good day
varok
Good Morning,
So far in this morning session we are holding up very well. Millions of .0006 buys in the open have noted that .0005 are not gettable. We may reach that on the bid, but unlikely they are available, which is a good sign that dilution has been abated until the next leg up.
Moving into next week will certainly be an exciting trading week.
Being the last day of the week, we will see a lower volume and very well could close at .0007-08.
When I started watching this issue, I mentioned buy at .0005-06. I believe now that today's buys are definitely strong for .0006 .0008. This is the range where one can still achieve maximum profiting going into next week.
Considering the dilution factor since the high of .00018 before the last 3-4 days when dilution wasn't a concern and believe we will close into higher than previous sessions of .0007-08.
Also, I have said in my previous posts that .001 is a target, and I will add that this is achievable into next week. However, I will raise this target to .0013 for next week. I am basing this on an upcoming announcement with a new collaboration partner.
Buy .0006-.0008 and target next week for a high of .0013.
See you on the trading floor Monday.
Have a good day and a great weekend.
varok
Good Morning,
Well, we did get a PR, but not the one I'm looking for, but nevertheless, it's a decent Press Release.
So far, the activity is solid trading, and we may have seen, for the moment, on the low of .0005. This is a good sign.
For the last couple of sessions, it appears that dilution has tapered off considerably and that tells me something big is about to come fourth. Reason why I say this, is that this company, has at least a dilutive mindset and when a company holds back it is about to announce something that they may feel could propel the share price or move it higher.
Now, with this thinking, simply means that the dilution factor will be very present on or anything pending, which will accompany with this announcement. Make no mistake about this. This will be your Q to trade into any positive development and take profits. You do not want to treat this issue, at this time, as an investment. This issue is a trading company and until dilution has been abated or ended you must trade into any upside.
We have dilution on any given day, but it is the amount of dilution that matters and currently it isn't something we need to be concerned about. I'm speaking for the last 2 days. Also, saying that 'No Dilution' is not really accurate. The OTC doesn't always correct the O/S from the daily, but what does matter is the end of the week that gives a true figure. The DTCC and the Transfer Agency will generally have the daily numbers, the latter is your go to for this.
We are looking very good thus far.
Have a good day
varok
Good Morning,
Finally, we are seeing some solid trades going off. Yesterday's session was tapered to say the least.
The selloff has abated for now, and most have bailed out and took profits with them and that is a good thing, since consolidation has set in. The algorithms realize that what is left is a 2-part sequence. One is the dilution, and the other is the bottom feeders of past have left from the recent high and took their profits and what is left are the fence sitters. Thus far, this session appears very promising as additional traders are moving in like myself.
I'm uncertain on the upside and can we match the previous high, What I am reasonably certain of is that we will most likely move above .001. My hypothesis is the business model.
The dilution from the high to current session has changed the math.
What to expect going into the coming days is announcement coming from the company on contracts, but we have to take within this upcoming catalyst there will be additional shares hitting the market and the amount will depend on volume, but be assured there will be dilution. So, within this margin on the forward-looking announcement you must place your strategy in trading for profit.
Currently our bottom is .0005 and the lateral movement has denoted over the last 2-3 sessions and appears to hold up.
Generally, a company that has a high dilutive factor will taper off on pending news or announcement, but be assured they will resume the process and today's session seem to flow with this scenario.
This is a buy .0005-.0006
Trade smart.
Have a good day
varok
Wow!! What a Dumb F$#$# move. This is a total melt down. Glad I trade on reality and not what could've or should've. This is just a stupid move on the company's brainless mindset.
Have a good day
varok
Jaxxm, it doesn't work that way. This will never see .01 and even .001 is becoming very unlikely regardless of whether we were there just the other week. The problem is the dilutive factor and this extremely hampering any real gains.
MC will never justify for CBIA to hit .01. Reason is just simply not rational. This would mean that a MC at .01 would be $20m and at .001 would be $2m. The street would never be able to justify the reasoning. The other point is that the algorithms have already determine this issue is based on the dilutive factor and that is the detriment in trading pennies.
However!! The only way this will move beyond .001 is momentum and that has to be accommodated with a substantial PRESS RELEASE or a very positive announcement like Convert has ended or a buyback.
The sentiment is just not relevant at this time. When you study LII with respect to this issue, you will see movement, but remember, the algorithm has already been programed in and, or certain MM will accommodate the movement to dispel any advancement.
What to look for when news hits will be an inundated amount of dilution to follow the momentum, and this is the area where one has to begin a strategy of selling into the momentum and not hold since the downdraft will most certainly follow.
When we hit a high of .0018 that was based on momentum from an announcement but since then, we have added over 500m and being dilutive will knock any advancement beyond that and you have to adjust your strategy to mirror this dilutive program which is now in control.
The pennyarcade is a very unpredictable venue and NEVER should be treated as investment under NO circumstances.
This issue is for trading not investing and most pennies should be handled on the same. No exceptions!
Have a good day
varok
Good morning,
Watch for the.00055- or 5–6-digit trades coming off. This is your dilution indicator.
They can and will mask it in the .0005, which will be the languish area until we get a catalyst.
The only way we get to .001 and it will not happen today and until they curb the dilution our MC will be affected and will result in a downdraft.
Remember, for every share sold is a buyer. Notice the .00055 going on as a buy. This was a dilution sell, but immediately went to a retail buyer this is part of the masking. So far about 16m is dilution in this current session.
Also, a high-volume day means a high dilution factor. The shares coming from dilution has to stay within the SEC rules or laid out in the financial 10q from last quarter.
Have a good day
varok
Well, I stand corrected on my post today.
I don't think we will see .0004, but may see .0005, but will allow .0006 buys. We will consolidate in this area and at the close we will not trend above .0008.
There are just too many sells in the .0007 range for us to move higher than .0008.
After all its Friday an appears mostly a churning day for the next leg up coming next week.
Have a good day
varok
For you fence sitters..
Hold off for a period and allow this issue to balance out through this downdraft.
It is going lower and .0004 is about a good time to get in on a starter position.
Have a good day
varok
Drop was expected after such a move without a breather, although a lateral yesterday was a hope to hold but didn't and dilution was very evident. This couldn't sustain itself.
Under usual circumstances this could've held up, but the 3 Day Run took effect. Profit takers bailed.
Here is a usual scenario on how this may come about.
After a stock has been trending down or trading flat for some time, suddenly one day it starts moving up, it continues up that day and then next day. On the 3 day of this run, it goes up, but for only the first 15- 20 minutes, then it drops for about 30 minutes, turns back up, but doesn't quite reach the morning high. After this period, it usually will trend down and the run is over and in most cases this stock has finished it's 3 day run.
This program will work in most cases and does apply.
So, if you're a buyer, this method will keep you from getting Emotional into buying a stock that has ready peaked, only to drop right after you bought it and I'm sure, many of you had this happen when buying stocks. This is what is referred to as " Chasing An Issue".. If you already own it, it gives you the timing to get out with usually the best profit or close to it. Which ever case applies, decide whether you want to buy it only after the drop. Depending on the stock, it can drop for a few days, and may take some time until the next 3 day advance. Be assured, that in pennies, this has been repeated over and over again with many of the same issues.. This is what you have a "Watch list for" to track issues..
The rule here is simply to let you know it is over for now.
The next time someone mentions a stock, look at a chart and see how many days it has been going up. If it's not the first day or maybe second day of the run-up, stay away for the time being. In the first 15-20 minutes after the open of the 3rd day, the issue will usually drop or in most cases just stall...Now of course you must determine this by seeing if a PR and the strength of such PR warrant further advancement, but from the history of most penny stocks, these PRs only have a very short run span..
Although, the system is not perfect it does help in timing.
Sometimes a stock continues up until 20 minutes after the open of the 4th day before it drops. Selling your stock 15-20 minutes after the open of the 3rd day of the run-up is usually the high or close enough to it. You will go broke trying to find the exact top or chase into a run, forget about it and leave your emotions out of the trade. It is in this segment that Greed usually plays on your Emotions and Anxiety. Play the 3 P's.
And how does this help in buying?
Well, that is a little more difficult, but the system does work. It is mainly there to protect you from being a "Stock Chaser". But the system will work and you must apply discipline.
Go to any stock website and look up a few stocks that are up....Jot them down...I only do this with OTCBB market stocks, but does work on most issues.
Next, I take my stock picks and go to any chart site to look at a 5 day history. The 5 day gives you a nice feel of the trading chart of the last 5 days. Notice why the 5 days compared to the 3 days.. This is so you will see the up or down on the 2 extra days and can avoid the pick. Look to see if it is the first day of the run-up. If it is the second or third day on an up swing, forget about it, since the above method has completed their run on these stocks and you will be only buying into a run or when it is reading to peak.
If I have any choices left, then go to a chart to see a 1 year and a 30 day chart to get a feel of what the stock has been doing. Keep in mind that the past is no bearing on what a stock will do in the future, but it will give you an idea...This also helps in determining what if any reason for volume and price spikes or drops.. Some chart sites allows your cursor to move along the graph for pertinent data with actual numbers.
My last stop is always the message boards and my favorite was RB, but now I go to iHub and there are others. It is here where you can get a real good idea why there is interest or reason for lack of..I don't rely so much on what is said on message boards and ever react on my decision to buy or sell.. However, these boards do give you a sense on what others are thinking and many will go above and beyond to gather up DD.
After you have made your picks on which ones to buy, I have found that mid-afternoon is always an excellent time because of lunch and the morning rush has calmed down. The mid-afternoon session is slow before a strong rally that many times comes before a close. I have found mid-mornings are also good for buying, but still leaves many with high expectations that moves a stock for no other reason than emotional buys and it is this play that you want to stay away from.
Now stay on top of your picks and see if the next day it has moved up and determine the volume.. Determine if the highs are higher than the close and higher than the highs of the previous day.
On the third day, I sell it 15 to 20 minutes after the open to take advantage of the morning gap. That's pretty much it.......If your inclined to trade the same issues again, wait for the next above program cycle.
Not all stocks go up for 3 days. Some just flatten out and when this happens, just get rid of it after about 15-20 min. from the open on the 3rd day. If you fail to exercise this you will be left with major % loss and may never recover. So a little loss is much better than an overall wipe-out.
Stocks that suddenly go up and you see there has been almost no volume the days before the sudden rise, this is usually indicative of a sign that a newsletter picked the stock or it is being pumped or hyped. The lack of previous volume makes the stock spike up.
This 3 day rule is a universal application and to each it's own method of how one should conduct such a process.
Good luck and solid trading and as always, apply sound DD, but keep your Emotions and Anxiety out of this arena and trade for profit not greed.
Very promising new EV car company. Factory in NC ready to produce and already have dozen or so dealers lined up with many dealer apps. in the pipeline. Cars to be targeted to budget minded new owners.
$10 price target.
Have a good day
varok
I will address both messages from Eddo and Wick.
Eddo, your question is a valid one. There are problems with a R/S in 90% of the companies that make such a move. The negative aspect on a R/S is a stigma that carries most companies on the surface as an issue with respect towards equity type financing. Shareholders rarely benefit from a R/S. The process for many of the companies is just a venue to continue the dilutive nature to keep printing shares.
Now it has to be said that in certain cases a R/S elevates the intended company to speed up the desire to move to a higher exchange. This involves the intended company to meet requirements based on numerous factors like rev ,shareholder participation and a stable share price along with other factors.
You asked why doesn't the new entity do the R/S. R/M is a marriage with a reporting Co. (ETEK) with no business model and private company that has a business model who wishes to go public for a number of reasons, but mainly to establish a pipeline for financial instruments to participate in the growth for such company. It would never benefit for the acquired company to be burdened with a R/S left over by the ballooning share structure from the shell. However, if the incoming company has substantial rev. and makes the argument that they would like to move up to a higher exchange by doing a R/S may make sense, but it is a risk.
I would bet that the owner of the shell would be inclined by the acquired company or the potential incoming entity, would and in my opinion do the R/S before the LOI and setup the acquired company a nice clean share structure. This is where I lean towards and most likely will happen.
Mr. Wick
Yes, I know they reduced the A/S and generally is not a factor or is a nonstarter since the A/S is simply the company's vault that these shares can be used for future expansion, providing they aren't maxed out, like they are presently. The shares that needed to be reduced is the O/S. Now, there probably was a reason or maybe several, like notes outstanding and since the company was always trading even when it moved into a dominate shell had to be cleaned out before any R/S. Currently that is all behind now and if the company does have a strong candidate. I expect this subject will come up. It certainly would be to the best interest of the new suitor and shareholders of course by starting a new company on solid footing.
Have a good day
varok
There are only 2 options to take down the O/S. The first one is a R/S, which is the most likely. The second is to buy them back and although it is an option, but extremely unlikely.
The way this shell looks right now with the A/S maxed out makes this shell unattractive for any incoming marriage. This is simply based on the fact that liquidity and any attempt to obtain financing for the new entity coming in is gone. You can't just erase the 5.5B O/S without due cause other than a R/S. Now the entity in charge of this shell could buy back the shares, but what about the numerous shareholders from yesteryear. These past shareholders just can't disappear without compensation. Their shares will follow them into the new entity, but then the new entity is saddled with a maxed out share structure in A/S and the O/S.
There is a 3rd option and that is to request the A/S from the SOS where the new entity will be incorporated to raise the current limit of 6B. This I find hard to except.
I do not own or have ever owned this company.
Have a good day
varok
Good Morning
Here is what to expect with ETEK in the coming weeks or turn of the New Year.
This is a shell with No business model. The company has continued to file and is current. This is a good thing, meaning they are in the hunt for a R/M into a viable business entity.
Solid balance sheet no debt or anything of substance to be concerned about. However! The company does have a A/S in the amount of 6B and O/S of 5.5B. This simply means the company is maxed out. My experience in R/M that in most likely scenario the company will do a R/S at the time of the incoming of a LOI or right after the R/M, but from my perch will be before the actual announcement. This is generally the course of action so as to remove any baggage and start a positive new company going forward.
This is to insure a clean slate and setup a new equity distribution package of warrants and preferred stock.
They will probably keep the A/S the same and R/S the O/S 20/25:1 with amount of 250M-300M in post-split then announce share structure with respect to preferred warrants etc.; with new office holders/directors. The latter will come after LOI.
Have a good day
varok
You cannot short in the penny arcade in the US.
However, most, if any shorting is done from our neighbor to the north in Canada, which does allow shorting in the penny arcade.
Have a good day
varok
Good to see that the issue has settled down from the AM. Now is the time for a great entry for folks that are on the sideline.
strong buying opportunity in this range -.27
Have a good day
varok
Good afternoon,
10-q is out, revenue is double prior to 1st q. Reduce the conv and as well increased the O/S to 554m. Important note is this business model is attractive and appears this is starting to generate on its business acumen. We will get a run from here going into fall and .0002 is a buy considering the rev and Conv reduction. Dilution will be an issue going forward but must come with volume and a higher high will in turn price increase. How much?
https://www.otcmarkets.com/filing/html?id=16861668&guid=acN-kHVJ3HJjJth
Have a good day
varok
BrewBilt Manufacturing Customer Receives 1st Place in The California Commercial Craft Beer Competition for 2023
https://www.otcmarkets.com/stock/BBRW/news/story?e&id=2567316
Good morning
Yesterday at the open (9:30) a slew of trades, all buys at .0007 and .0008 totaling 25,101,000 million shares is a very huge buy and is significant and worth mentioning.
These buys went to one person or entity in the amount of $18k. This is a very large purchase and if it indicates anything, it means something is in the works.
Now go back to February when the company announced that they are in talks with the hospitality sector.
Last quarter the company had rev in the amount of 350K. Our MC is 101k and I believe the undervalued position where we are now is due primarily to the dissatisfaction of the history on the splits, but we never had this strong rev. as mentioned from 1st quarter.
The second quarter results will be out in the coming month officially, but we may get an announcement if this will be a very positive figure and should inch us forward in the MC.
I believe regardless of the dilution, and it really isn't much of concern YET! We may get an update on the MC going higher and I feel we are undervalued and if the 2nd quarter REV. growth is near or above the 1st quarter, we should get a bounce to .004 giving us a MC of $1m.
If we get announcement on new collaboration/partnership this will solidify our position and MC as fair value around $1m = share price between .002-.004.
Yesterday's 25m buy is extremely positive and may indicate something is brewing.
Enjoy your July 4th.
Have a good day
varok
Good morning,
Now it's time to pay attention! We are on a threshold for a major move north. Expecting an announcement any day now.
I've been watching the tape for the last couple of weeks and the dilution is still not a problem and what I expected. The increase in O/S comes from a note that has become eligible for the increase this month.
Remember, for every share that moves into the O/S column is from this note, but more importantly is still being picked up by retail traders. For every sell there is a buy. The company does not directly sell into the market without proper release of a financial statement and thus appears that the note has been exercised and what is increasing the O/S.
When the company had an O/S of 78m a few weeks back and now the O/S is 252m allows for liquidity and what was needed and one reason why I picked up this issue with the understanding that the increase in O/S was needed and where we are now.
The company is still a buy at this range, but accumulation at this level must be taken with extreme caution.
Let me say one thing about the company and its R/S over the last couple of years. This is never a good thing, but an extremely negative sentiment among traders. There are directives on how many shares the company can dump during an active session, but it always stays within the overall volume that allows the number of shares hitting the market is well within the norm. Other than us retailers, we are the only folks that hold these shares. No entity holds shares that are being issued during a trading session, but us retailers and it would take the company 10 years to move their total allotted shares to just blatantly hit the market is not evident and is in accordance with the daily volume.
We needed the increase in the O/S from the last weeks to increase the liquidity. This was needed and very important as we make our way to higher highs.
Now, with that said, the company needs a catalyst to move a greater number of shares and I believe we will get an announcement very shortly and this announcement will accompany a deluge of more shares and here is where a trade can maximize their return by trading and not holding. This company is not and never will be an investment.
So, pay attention and watch for the catalyst and trade accordingly.
Have a good day
varok
Holding up well.
Clearly the sentiment is a holding pattern. The trades are indicative for the next announcement.
I expect it will be sooner than later. Like within the few next days.
Definitely before the 4th.
Happy 4th Holiday
Have a good day.
varok.
Shares are tight.
Took 25 min to fill .0018.
Beginning to really like the way it trades.
It's not going to take much for this issue to explode.
Have a good day
varok
Yup, I agree.
We are holding up.
The company is going to need a catalyst to give us momentum and I believe this is about to change.
So far this session there were about 3 nonretail trades that went off in the amount of 35000 shares.
If the company is going to dilute, which I believe will always take place, but can't exceed the volume.
Watch the 5th decimal trades and will indicate how much is nonretail.
This issue is about to breakout. It will on news!
Have a good day.
varok
.
Good Morning,
The current O/S now sitting at 80m with an increase of around 6.5m is well within the course of business and is not of concern.
There will never be a major setup in increasing shares, but through incremental stages within the current projected volume. This morning increase is not an issue, and we should be at a .005 under current fair value.
We have a long way to go before this issue becomes a negative.
Look for the spikes under momentum and trade accordingly.
This is not an investment grade issue under NO circumstances!
Have a good day
varok
Good Sunday Morning,
Is history going to repeat itself for BBRW? This is a huge unknown.
The track record for BBRW is anything but dismal without regard for shareholders. The past 4 years the company has salted its image with the often and well known within the penny arcade as nothing more than a printing press to float the company's agenda. This is the negative.
I have never owned this issue, nor did I ever trade it. However, there is somewhat of new beginning if you can call it that. Since 2019 through 2022 the company resorted to 3 R/S and has reduced the O/S to 75m. Why?
Well, I have been trading the penny arcade for almost 30 years and usually never give the time of day with the likes of a company whose business model, which has positive attributes. But management, plainly one can see, used the backs of shareholders to implement a strategy of using and recklessly, the share structure to finance the company's direction since 2019. This dilutive process just destroyed your ROI and helped the company finance development stage is very common in the pinks, yclearly evident what went on here. This isn't anything illegal, but certainly reckless without any regard to its most ardent supporters. He has to overcome this, and I believe this conduct will come to an end.
The company used up all its good will with respect to any more share structure realignment or R/S. The will never be approved for another R/S in the future this I am pretty sure of.
So, let's move into the positives.
I own this company and bought into it last week on the churning and walkdown and believe a good entry is under .002 and below.
We received quite a few press releases from 2022 to today that shows the company is marketing their brand with promising results and the timeline makes for the 2023 year may just be a turning point for this company. After 3 years of funding development stage, i.e.: manufacturing and marketing, I now and finally, the company is on track with further sales and collaboration with partners seems to be taking hold.
The first quarter 10q was a very good turn and with much hope the growth aspect going forward. https://www.otcmarkets.com/stock/BBRW/news/story?e&id=2525853
The current trading at .002 is well below where we should be, but I contribute this to the history of the last 3 years as an impediment but will be corrected soon and should bring us back to a MC of $1m and trading over penny.
I'm giving the company the benefit on reducing the O/S, where we will once again see a positive ROI as long as sound financial instruments are used to expand the business model and not on the backs of shareholders.
The company has to show good corporate governance and intent that brings back the value that we and the street can believe in. This has to happen.
Our O/S is 75m and MC of $150k is well under the current REV and not fair value but undervalued.
For now, you must watch, and this is a must on the O/S. I do believe we will play into runs and .01 is fair value, whether the street will except this will only come from the intent of the company. Ball is in their court.
Target .01 by July 4th will give us a MC of $1m, well undervalued.
Happy Mother's Day for you moms.
Have a good day.
varok
Good Sunday Morning,
Is history going to repeat itself for BBRW? This is a huge unknown.
The track record for BBRW is anything but dismal without regard for shareholders. The past 4 years the company has salted its image with the often and well known within the penny arcade as nothing more than a printing press to float the company's agenda. This is the negative.
I have never owned this issue, nor did I ever trade it. However, there is somewhat of new beginning if you can call it that. Since 2019 through 2022 the company resorted to 3 R/S and has reduced the O/S to 75m. Why?
Well, I have been trading the penny arcade for almost 30 years and usually never give the time of day with the likes of a company whose business model, which has positive attributes. But management, plainly one can see, used the backs of shareholders to implement a strategy of using and recklessly, the share structure to finance the company's direction since 2019. This dilutive process just destroyed your ROI and helped the company finance development stage is very common in the pinks, yclearly evident what went on here. This isn't anything illegal, but certainly reckless without any regard to its most ardent supporters. He has to overcome this, and I believe this conduct will come to an end.
The company used up all its good will with respect to any more share structure realignment or R/S. The will never be approved for another R/S in the future this I am pretty sure of.
So, let's move into the positives.
I own this company and bought into it last week on the churning and walkdown and believe a good entry is under .002 and below.
We received quite a few press releases from 2022 to today that shows the company is marketing their brand with promising results and the timeline makes for the 2023 year may just be a turning point for this company. After 3 years of funding development stage, i.e.: manufacturing and marketing, I now and finally, the company is on track with further sales and collaboration with partners seems to be taking hold.
The first quarter 10q was a very good turn and with much hope the growth aspect going forward. https://www.otcmarkets.com/stock/BBRW/news/story?e&id=2525853
The current trading at .002 is well below where we should be, but I contribute this to the history of the last 3 years as an impediment but will be corrected soon and should bring us back to a MC of $1m and trading over penny.
I'm giving the company the benefit on reducing the O/S, where we will once again see a positive ROI as long as sound financial instruments are used to expand the business model and not on the backs of shareholders.
The company has to show good corporate governance and intent that brings back the value that we and the street can believe in. This has to happen.
Our O/S is 75m and MC of $150k is well under the current REV and not fair value but undervalued.
For now, you must watch, and this is a must on the O/S. I do believe we will play into runs and .01 is fair value, whether the street will except this will only come from the intent of the company. Ball is in their court.
Target .01 by July 4th will give us a MC of $1m, well undervalued.
Happy Mother's Day for you moms.
Have a good day.
varok
Holding up nicely.
Company needs to make another move.
Next week will be a good week for this issue.
See you on the trading floor Monday.
Have a good day
varok
BBRW- Good morning,
This issue has been around for a couple of years with typical pinky attributes from the negative side of the realm.
From the 8-K 3/10/23 was a pivotal turning point and should be recognized as ' a coming home to business for this company.
I believe this issue finally realizes that with a great business model and certainly in demand just couldn't get the job done.
The usual antics for early pennystocks was held back on lucrative clients who generally don't have the appetite for a collaboration with a company that was nothing more than a printing press and a BS line.
The 8-K above has really taken down the O/S to become a very promising OTC participant that may indicate we are on the cusp of some nice spikes coming through this year from where we are now.
The 10-Q was another example where we are now. Positive REV and a reasonable balance ledger for a startup that was struggling to maintain a hold on the Ballooning share structure is now once again in play.
Forget for the moment of 30b A/S. The O/S is what to watch and today it is attractive enough for another look at the potential. Shares are on the tight side and volume is so-so, but controllable with the MM in charge only because shares are tightly held, and any downdraft has already played out.
The MC is $121k and just based on the 10-Q we should be 3 times the current share price of .0017. Why? Because of the prior going Ons with the usual penny BS. This is about to change for the positive. The street wants to know the intent from this company and why we only have a MC of such a low Cap.
Penny traders have long memories and BBRW has another opportunity to give shareholder their ROI.
The company has a very promising product line or business model and I believe we are about to see some of their fruits of success real soon.
All indications appear the company wants to become a sensible partner and the first real measure of this is the play of the share structure that has been realigned to proper corporate model.
I like the company where it is NOW and the next month's going forward you need to keep an eye on the Dilutive aspect of this issue with both eyes open.
This is a buying opportunity at .0017 and if the street is shown proper conduct with respect to the REV side and absolute proper maintaining of the modest dilutive side, we can be once again given a $1-$5 million MC at a share price of .01 is just 1,210,000 MC. This is absolutely achievable in the coming weeks. We are undervalued!
My Target is .01 by July4th.
Have a good day
varok
Good Morning,
This issue has been around for a couple of years with typical pinky attributes from the negative side of the realm.
From the 8-K 3/10/23 was a pivotal turning point and should be recognized as ' a coming home to business for this company.
I believe this issue finally realizes that with a great business model and certainly in demand just couldn't get the job done.
The usual antics for early pennystocks was held back on lucrative clients who generally don't have the appetite for a collaboration with a company that was nothing more than a printing press and a BS line.
The 8-K above has really taken down the O/S to become a very promising OTC participant that may indicate we are on the cusp of some nice spikes coming through this year from where we are now.
The 10-Q was another example where we are now. Positive REV and a reasonable balance ledger for a startup that was struggling to maintain a hold on the Ballooning share structure is now once again in play.
Forget for the moment of 30b A/S. The O/S is what to watch and today it is attractive enough for another look at the potential. Shares are on the tight side and volume is so-so, but controllable with the MM in charge only because shares are tightly held, and any downdraft has already played out.
The MC is $121k and just based on the 10-Q we should be 3 times the current share price of .0017. Why? Because of the prior going Ons with the usual penny BS. This is about to change for the positive. The street wants to know the intent from this company and why we only have a MC of such a low Cap.
Penny traders have long memories and BBRW has another opportunity to give shareholder their ROI.
The company has a very promising product line or business model and I believe we are about to see some of their fruits of success real soon.
All indications appear the company wants to become a sensible partner and the first real measure of this is the play of the share structure that has been realigned to proper corporate model.
I like the company where it is NOW and the next month's going forward you need to keep an eye on the Dilutive aspect of this issue with both eyes open.
This is a buying opportunity at .0017 and if the street is shown proper conduct with respect to the REV side and absolute proper maintaining of the modest dilutive side, we can be once again given a $1-$5 million MC at a share price of .01 is just 1,210,000 MC. This is absolutely achievable in the coming weeks. We are undervalued!
My Target is .01 by July4th.
Have a good day
varok
Yes,
Something is in the works, and it may tie into that hospitality pr of last year that the company was profiling about.
Share structure is low for OTC standards, and we have much leeway before it gets diluted, for now it is attractive. Shares are really tight for my liking, but the rev track is improving.
Buying opportunity after the drop or churn has been done, so now for the next leg up.
Have a good day
varok
Interesting events taking place.
O/S at 123m
Sales picked up big time at 312k from 11k
Boys like to get paid which is way up.
They have a decent 10q.
They are making sales and a MC 130k is really low. However, there appears some going's on behind the scenes.
It is an undervalued share price, but relatively hard to buy. Which is good. The unrestricted talked about is to hopefully increase liquidity which is extremely low.
Their marketing is nationwide and Brew supplies are in demand with brewery business popping up everywhere.
Anyway, I believe the company may have a couple of upcoming announcements.
I'm buying here. Wanted to wait until the drop down to .001 to take away the up slide from last session from.0006 to here.
Watch it from here for a good entry.
Have a good day
varok
The PR yes.
This was not needed, purely fluff!
I believe there were over 250 held shareholders on the shell prior and many these onloaded today and probably newer holders. Nature of shells that close out.
I agree. The attorney's letter was needed to close the old. We got that today. The update will show shortly.
This is the real washout from holders of old and had to happen, will climb back.
Have a good day
varok
$GMZP Good Morning,
The comments and release of the Attorney's letter 4/27/23 is the final and close of the previous company and what we as shareholders needed and now it's official. From here, we will now get all correspondents related to the new entity, BadgerBlox Homes Inc.
Expect shortly the needed various forms to start flowing and probably a report detailing the actuals of the new business model.
May should bode well for us and the direction we have long waited for.
Solid business model and the climate for this type of cheap housing is a brilliant idea for which it's time is now and here all over major urban centers. This issue will certainly make a huge ROI for us in a really short period of time.
I'm excited about the venue and closing contracts to be announced and details on the forthcoming actuals of our business model.
GMZP can easily and achievable command a .5 share price with a MC of $40m.
Buying opportunity and a target .05 in the next 60 days.
Have a good day
varok