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Sobering thought. This means this stock has no prayer in moving anywhere near .01+ in the next 6 months...and likely will hit an all time low during this period. Dilution killed and will continue to kill any value created by this company. But then again if your game is marketing and selling your shares...then this is a pretty good company at that.
Worthless marketing company that's good at marketing their shares and not much else....yeah it should go below .002
I have no faith in this CEO or company anymore..just waiting for the stock to go up abit and then I am out. This company is just good for those that want to play the flipper game (pure day traders) if that. IF you're good at guessing when a stock is going to go up and down, then this is the company for you
Jimmy's on holiday with our money
Not selling. Will wait for all those nice developments the clowns here keep promising just any day now
You're right learn how to lose $$$
8k says those figures not reliable. Try again
Yeah like getting rich dumping shares
Why no bigfoot captured yet? Doesn't exist
Waiting for 0s to add
Somebody has to
Dead horse
I wouldn't add another share if they were paying me to take it. This has share selling scam written all over it.
Not worried about profit at this time...a growth company should first capture market share and then profit will come...but what worries me is that they are exaggerating their top line growth and their results to drive stock price up
Just because the market is huge...doesn't mean this sorry company can profit from it. You are selling me the market not the company. The market doesn't issue shares
You mistake anxiety for disappointment.
The key is to have several irons in the fire to offset the occasional loser stock like this one
I hear you...but I'm not walking away from this one until I break even at least...that could take awhile before more fake PR drives the stock up. I will wait it out
If investors actually believed this..why is this stock flatlining?
Scam
I've already loaded enough of this shtt. I want to see some sustained movement upwards before adding any more. Im playing this one long but not by choice
I hear your pain and can relate.
I'm just waiting to top out on my other stocks to take some profit and offset against loses in this clunker. I think this company may have an uptick but who knows when or how...the CEO is a real bullshtt artist
Volumes have been well below 100MM shares and stock has flatlined over the last few days. I thought maybe this clunker would inch upward after the dilution volumes came down...no chance
With a 40% stake how are they claimng revenue recognition?? I don't get that. They are not majority owners but yet talk about Budcars as if they are
It's not even clear how they are claiming Budcars revenue is theirs when they only own 40% ...stop with the BS PR
And I refuse to believe you're even a real person....paid pumper bot
Are you even a real person?? Sounds like a bot to me
Love it how the paid pumpers clock out right about the market close...so predictable
I'm riding two hot pharma stocks right now ..helping to offset this POS
Im sticking around to see the end of this movie one way or another
It's probably going to be a trajic ending ..like where the hero gets eaten by a large shark or something...won't be a happy one Im pretty sure
We're on the Sugarmade train to trading hell for the last few weeks.
Don't try to avg down anymore..this CEO owns BNs of shares that he can dump as low as he wants ($.001)...it's like playing against the house in Vegas..most end up losing money. Notice even an 8K that reports higher revenues didn't make a dent..because it's filled with all sorts of caveats that make the report itself worthless. It may be a "legal" scam..and emphasize the word "may"...but its a scam nonethless
Right on all counts. This shtt stock is going nowhere fast
Same lame pumpers in here again while this stock continues to slide towards $.001s.
Well...maybe if you actually knew what you're operating results were 3 months ago...might help inspire some confidence. I think this company should be audited by the SEC and local authorities...I can't believe they can state definitively what their results were three months ago.
8K release was a joke.....
Gross sales estimates for the total Budcars operation for the three-month period ending June 30, 2020, are approximately $1,009,000, which includes approximately $252,000 during the month of April 2020, $317,000 during the month of May 2020, and approximately $440,000 for the month of June 2020.
Then it goes on to say that these "estimates" may not be "reliable"
Are you serious???...estimates, reliable???? These are historical results not future projections...WTF???? Whose your accountant??? If you're not sure what you made three months ago...not sure how you can possibly talk about any future projections with any credibility
Disagree...does matter. The reasons should be given since a date was communicated that wasn't kept. There is a "trust bank" that a CEO needs to make deposits to every once in awhile to ensure stockholders take him seriously. If you miss a commitment at least explain why or else you will lose trust of stockholders
Will more than happy to post an apology for bad mouthing this stock and CEO if he delivers for the stockholders in the next 60 days...time will tell
So over the last month we've learned two things
1) This stock dropped steadily when volumes where high and dilution was the reason (IMO)
2) When volumes dropped (again because dilutions likely did)..the stock flatlined
Not very promising for a "growth stock"
They are late with LA after saying they would open in July
No explanation why...should be addressed in a communication updating progress there
Jimmy did a COVID-19 strategy...and flattened the stock price before going off for a few days of R&R...LOL