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Mc is now $27M. Theyre pumping it to schedule an offering to fund the next product. No way this is worth $10M. They sell sleep aid. Over the counter sleep aid isn’t worth $27M. This is way over priced. And the funny thing is the last month double is done by less than $10k in volume. Do the math. From $9M mc to $27M mc with around $10k in volume.
Nobody watching a ticker with $500 volume daily dude.
What industry? Not psychedelics? That requires psyclobin. This is an FDA approved food shroom.
Are you Jeff pumping your own stock?
No way. Just want out of short first. Hard to tell. Mc is so high compared to sales so the value is priced high. Maybe bc of the possibilities of AME-1. If so, so much is priced in. This is not a psyclobin shroom so I don’t know why it’s valued so high.
It’s just otc. I don’t like otc these last few years. No interest in start up companies with rates so high
The ceo pays himself too much. Most otc CEOs do. That’s why they’re public. They can always dilute
It’ll pop if they put this juice in a beverage.
At .50c there were millions traded daily.
My long account has avg of .18
I don’t know if it will ever hit.
IPO opened at .35c popped to .55c now .06c and investors are all out. Market makers took this purchased OTC to the grave. No buyers will come in.
Be careful. This has gone from .028 to .061 with less than $3,000 valuation. It’ll go right back to .03 in a flash.
They won’t go bk. They filed 2023 to stay in the game.
Only hope is cook reveals good news on AI iPads tomorrow
If this had around 50-100m share count it might be decent but they have nearly 400m.
AME could. But not through a 380m penny stock. I would not go long here. Canadian penny stocks are typically scams which is why I shorted it. I do expect this to be .0007 soon.
The volume was when the IPO in 2021. Since then it’s dead. This is a shell company. Institutional investors got out in 2021. This otc was bought by psycf and the insiders had shares of the previous ticker.
I banked on rolls royce so my bag here in short is ok for now. I bought 850k short at .48-.36 range. I need buyers to fill my position. Out of the float, 80% is short.
Doubled? On what? $300 a day in volume? There’s nothing interesting with this stock until they get volume. Want an OTC stock to trade? Buy ROLLS Royce RYCEY. 23k shares Friday. Do the math. This is not an investment. Maybe throw in $50 for fun I guess.
The fda doesn’t care what they do. This isn’t a psychedelic. It’s a food item mushroom.
I wouldn’t give much thought in this stock with only a few hundred dollars traded daily. Most days there are no trades. CRO salary should be $180k at most. Last years sales were 375k. They’re burning money and will need to dilute soon.
The ceo also has a $450K salary.
No products only calm. The worst, over used name in the market. They will probably change the name. They should. They spoke of tea bags but nothing. They have a patent on a vape pen but they can’t afford the research. Looks like they might infuse calm in a beverage. That’s all they got. If it works the distribution could spread nationwide. That is if they can forge enough AME1
I still laugh at you saying this will get to $50. Clown number
They might do well but this is not ever getting to a 25m mc again.
The company they partnered with makes coconut water
We all have to double the dose to feel effective. AME. Is Amanita muscaria Extract.
Murdered eod. Next week not sure what happens. Doesn’t look like 190
Someone just bought my 10k. Need 78k more so I can go long before they potentially launch the juice in coconut water.
This is like a bank where they don’t let you take your money out. All those buys and sells from .50 down to .03 were naked shorts. Now it’s up to new buyers to cover them. Millions of shares on the ask all the way to .10c
Put ame1 in a vape but that won’t happen for years
Put this ame1 in coconut water
It’ll take them 6 months to formulate a beverage and brand. Would be nice if they get it done in 2mo
Sloooow. Won’t move for another year
Once CE you’re finished. 99% of these penny stocks never get listed again. SEC just ignores them. The paperwork is too much, lawyer fees etc. There’s nothing they can do. But the company doesn’t care, they’ll run it as a private business and pay themselves accordingly. All the shares they own were free anyways. They just can’t dilute at .03 but they can at .001 and they prob will. If they need $200k they’ll add in 200M shares.
So they’re buying companies using worthless stock? Makes no sense. I guess just more dilution. They promote updates but don’t have a buck to provide financials to the SEC.Theyll never get listed again. Once CE, you’re finished. Idiots
Zzzz back to no trades. Hate being locked in this.
I see these guys make coconut water. Not sure if they can add it directly to that brand or will they make a new product? They need to do that. Add 2mL in each bottle or can. Sell with their distribution chain.
Put AME in their coconut water.
Need product lists. They plan on just pushing the tincture? THC infused beverages are booming. They’re missing the boat. That is if they can get into a beverage. Or a vape. I don’t see news coming on product for another 6-12 months.