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Note the word umbrella in PKG's ClearMask press release (excerpt below). To me, this not only confirms PKG is indeed an acquisition, but it also confirms Cerebain will be making additional acquisitions. This has been alluded to in emails from IR, but this is the smoking gun (FROM PKG NONETHELESS).
Over a few weeks, PKG Inc. will fully transition company ownership to the Cerebain Biotech Corporation in an acquisition that began in the middle of this year. Upon completion, under the Cerebain Biotech umbrella, PKG Inc. will continue its support in mass-producing large volumes of the FDA-cleared ClearMaskâ„¢. "We are proud to help ClearMask fight against the pandemic with a smile on our face that everyone can see." -- ALMIR GARIBOVIC, PRESIDENT OF PKG
For what it’s worth, $CBBT included in a Timothy Sykes tweet.
To all #wallstreetsbets #RedditArmy peeps, check out $TSNP $OZSC $AITX $SNPW $BLSP $SFOR $OPTI $CBBT $ABML $ALPP $BRLL $ALYI as they all already have dedicated believers, the only problem is their promoters have been rather inept lately so #reddit is their best shot at glory LOL
— Timothy Sykes (@timothysykes) January 31, 2021
$CBBT message volume picking up on other platforms.
It’s an acquisition. So you’re 100% right.
Message volume there +200%
Yeah, I've seen it posted a few places on different platforms--same response. I'm glad others have contacted them to let them know over-promising and under-delivering is not a good look.
Should bode well for the future. They'll learn.
Not to mention the 71M shares EMA Financial owns...
Jesus Christ Steve, it's the OTC. Get it through your thick skull.
I'd rather be a pumper (which I am not) than a schizo lying piece of $hit like you.
Wish I had that many!
$CBBT
Obviously Alan can’t give us an inside
scoop. I was glad to hear they plan on making a joint statement if they don’t close by EOW.
Whether that was a red herring or not, we’ll find out...
I’m certainly not going anywhere, but I’m sure there are plenty of folks that are getting antsy.
Just received regarding acquisition timing:
Good Day Mr $^#^$@#$,
I understand your sentiments. I don’t know if the transaction will close by this Friday. But if it were to be delayed then my understanding is that both companies would issue some kind of joint press release explaining where things stand so that investors are assured that the acquisition process remains ongoing.
Regards,
Alan Klitenic
ir@cerebain.com
It is a new filing (see signed date of 1/25/2021)
I believe 12/31/2020 was the date EMA Financial acquired the convertible note
https://fintel.io/i/ema-financial
They have a total portfolio value of over $500M according to the site above
Climbing back like a champ
At least we don't have to worry about gaps now... LOL
Hopefully people weren't using stop losses!
Insane (and unknown) potential here... That's quite the Reddit post!
Someone here posted that Megaforce article, maybe back in September? I can't remember who found it though. I haven't seen anyone dive that deep though!
Good find, thanks for sharing.
$CBBT
Yes, with the right news and developments, $1 is certainly achievable. CBBT has indicated that PKG acquisition is merely the first of many plans in the pipeline.
Heck, $1 is probably achievable on FOMO alone with this share structure. GLTY
2:30 PR still in play...
If I recall correctly, CBBT has made several afternoon announcements.
Bockscarr has you covered pretty well.
To quickly add - For many OTC stocks, looking back several years is generally not a worthwhile practice. Share structures change frequently and, sometimes, it's an entirely different company (i.e. new company has used old company 'shell' in order to go public).
Share structure is VERY important in OTC
IMO, with enough good news and filings, BBRW can surpass the May 2020 high of .09
Hard to argue OPTI of the present is a comparable company to 2 years ago.
No law saying gaps must be filled. Many gaps do get filled. If something materially changes, gaps can easily get left behind. Only time will tell...
LOL
"heavy dumping at the open" "strong resistance at .20" "back to .12"
Did I miss something?
Not true at all
.20 has hardly been tested yet
There are support levels at .155 and .14
Good luck staying strong! I haven't even told my wife yet because I'd feel more compelled to sell out too early.
If everything plays out even a fraction as well as it could, .15 will look like peanuts. Fingers crossed anyway. GLTY
Good for you! 'Unfortunately' all my CBBT shares were purchased in my taxable account. Also 'unfortunately' I don't see much tax loss selling potential for the rest of my holdings.
I doubt we'll see tax reform go through this year, Joe's got bigger fish to fry IMO. Hopefully I'll be able to scatter my selling over the next few years and avoid any big tax hits. Good problems to have, I guess...
Agreed.
I sold a small amount of shares at .012 to cover my initial investment and have been kicking myself ever since! Oh well...as they say, you can't lose money taking profits.
Should be an exciting week here, got my popcorn ready.
$CBBT
Friday's .12 ceiling has become Monday's .15 ceiling.
FOMO breakout this afternoon??
Too bad your x-ray eyes can't see into the future...
Don't want to get my hopes up too much...but damn, fingers crossed!
The answer is still no.
There is no law that says gaps need to be filled.
Why would the company spend thousands to put out a PR that states exactly what everyone has figured out by now? I'd rather them spend their time productively rather than dealing with petty investor BS.
Your blanket statement about Twitter is wrong. There is plenty of legit communication and announcements made using social media. (It's FREE after all...)
Looks like some fake news to me as well, unfortunately. We will have the real update soon enough!
The real question...we gonna break thru this .12 resistance this afternoon??? GLTA
$CBBT
I've seen a lot of chatter on Reddit where folks (especially Robinhood users...seems there are quite a few of them on Reddit) want to buy CBBT but aren't able to.
Anyone familiar with the matter know if that's simply because you can't buy OTC with Robinhood or is it because CBBT currently has the stop sign?
You are right there, I'm just coming up on 32 this year.
Given your experience, what are your near-term targets for CBBT? (Assuming acquisition goes as expected and filings are done)
Longer term I am not prepared to speculate, as they appear to have several additional acquisitions/plans in the pipeline.
Are you a daytrader?
If not, then why do you care? I'd encourage you not to look at day-to-day fluctuations in PPS. Look at the 3 or 6 month chart if you want some reassurance. PPS has grown by 3x in this past month alone. Can't go straight up every day.
Contacts
Investors:
Mr. Alan Klitenic
Cerebain Biotech Corp.
888.430.2221
info@cerebain.com