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MM GTSM moving their ask up a bit. Maybe they are finally ready to let this on go?
ASCM is getting the job done. Slowing the move up. Congrats to them as they usually find folks to fall in line and sell at their pps or lower. Agree as far as keeping the brakes on.
INND as long as MM ASCM is active with low sell with only 10k offered, this one will not go further. Of course, should ASCM takes its foot off the pedal you will see it go up past .02 finally. Only way to stop them is for sellers to not sell at or below that fake offer with only 10k.
STRH stalled but just hit the HOD at .0269 +79%.
Coming to life. Volume 6 x average. Now .0242 +61%.
STRH volume now 6 times average. Now .0242 +61%.
STRH bid and ask moved above .02. Now .0220/.0242. Worth watching. Only 102 million unrestricted shares.
BOXS now .0170 +7%. MM GTSM shows only 10k to sell at that. They are hiding shares. Do not sell at their ask price or below. They are slowing the move up and hope to buy larger lots below their ask pps. The game is on for them. And they are very good at it.
BOXS getting perky. .0174 + 9.5%.
$CLSN Now $IMNN. Old favorite bio swing trade. Been good to me for several years. Have funds to support current research until 2025. OS 7 million. Closed yesterday at $1.96 or near the ytd low. Picked up some below $2.00 in premarket. Now 1.81 on only 11k traded. Worth a look.
IBIO don't know why. 2.3 million share trade after hours at .46 Close yesterday was .307. Earnings at 2 9/26/22. Just may be a clue. lol
KRTL MM GTSM has stepped aside for the moment. Now Best ask is .0800. They are at .0848. Keep an eye on them. When the game is on, only 10k shares offered. They hide what they are willing to part with at the ask.
KRTL MM GTSM game working again this morning. Stop them by not selling at their ask pps or lower. They are good at slowing down a freight train. Don't fall for it.
KRTL promising finish. .08. +30%.
KRTL pause while we wait for expected PR's to be released. Good to see .08 holding on the ask. Even only 10k there. 30k move on ask and it goes to a dime.
TW nice recap. Thanks for posting.
KRTL picking up where it left off late yesterday. +22% to .07.
KRTL - ] Looking like a nice finest to the day. Now .0550 +34%. Volume 2.5 x average.
KTRL Looking like a nice finest to the day. Now .0550 +34%. Volume 2.5 x average.
DEQI disaster day in the markets and this one finally getting a tiny bit of action. .0065 +23%. Only 120k traded but that is the most since last May 12. Ask is now .0089. Will keep a close eye on it. Only 199M unrestricted shares.
DEQI disaster day in the markets and this one finally getting a tiny bit of action. .0065 +23%. Only 120k traded but that is the most since last May 12. Ask is now .0089. Will keep a close eye on it. Only 199M unrestricted shares.
BOXS lithium play - red to green on this market disaster day. .0175 +8.7%.
BOXS lithium play - red to green on this market disaster day. .0175 +8.7%.
NAFS Recent wall is .006. Get past that and a strong move should occur.
NAFS maybe the games are over. Ask back to .0046 and only 30k at that.
NAFS glad to see few interested in selling into that 3 million share .0054 bid. Folks realize this one is going much higher.
NAFS last 9 sessions .006 a tough nut to crack. With today's update should come today. Already .0059 +18%. Good early volume. Fine share structure here too.
NAFS volume 4.3 million or 2 times average. Now .0056+10%. Nice move lately. Recent news of - Acquires 100% Stake Equity in Eterna Primavera Ventures S.A.S. along with new creditable CEO has this moving. Still early. Excellent share structure also.
NAFS another attempt to move up to pennyland. .0055 +41%. Volume picking up last 5 minutes. PC good share structure. Worth a look.
NAFS - let's not forget why this has been up the last few sessions. - NAFS Acquires 100% Stake Equity in Eterna Primavera Ventures S.A.S.
Press Release | 08/23/2022
North America Frac Sand, Inc. (OTC: NAFS) announces the acquisition of (EPV) Eterna Primavera Ventures S.A.S. of the Republic of Colombia, a.k.a. Web 3 Holdings. Web 3 Holdings develops, acquires and expands Web 3.0 assets with its primary focus in the global events industry. The Company has developed a series of events called Xpo.Crypto through its deEvents platform. deEvents is leveraging leading edge technology to bring Web 3.0 into events and conferences. The Company is addressing the fast-growing cryptocurrency adoption in Latin America to expand its business by bringing Web 3.0 to the events space and other industries.
Just a new head to lead the company. Dude has a good background. He signed up knowing the acquisition was complete. He will now make the most of it. Adding on this dip.
Estrella GGII at it again. .0046 + 100%.
KAVL news has it moving - +36% to .1.80. Bidi Vapor Wins Merits Case Against FDA; Kaival Brands Anticipates Revenue Growth From Decision
August 25 2022 - 08:30AM
GlobeNewswire Inc.
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Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company,” or “we”), the exclusive U.S. distributor of products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), including the BIDI® Stick self-contained electronic nicotine delivery system (“ENDS”), which is intended exclusively for legal-age nicotine users, announced that the U.S. Court of Appeals for the Eleventh (11th) Circuit has ruled 2-1 in Bidi Vapor’s favor, granting its petition for review, and setting aside and remanding as arbitrary and capricious the U.S. Food and Drug Administration’s (“FDA”) order denying the Premarket Tobacco Product Applications (“PMTA”) for the non-tobacco flavored BIDI® Sticks.
Failure by FDA to Consider Marketing Plans and Sales-Access-Restrictions
On August 23, 2022, the 11th Circuit held that FDA’s Marketing Denial Order (“MDO”) issued against Bidi Vapor’s non-tobacco flavored ENDS devices was “arbitrary and capricious,” primarily because FDA failed to consider the relevant marketing and sales-access-restrictions plans included in Bidi Vapor’s comprehensive PMTAs.
“Distribution in the ENDS market has been challenging to say the least, especially regarding compliance with FDA policies and procedures. As the exclusive U.S. distributor of Bidi Vapor’s products, this is a significant event for us and our downstream partners, as many awaited the decision before expanding distribution, and paves the way for potential revenue growth for our company,” said Eric Mosser, President and Chief Operating Officer of Kaival Brands.
“But more than that, we are glad the appellate court recognized the potential importance and direct effects that an adult-focused marketing plan and strict sales and access restrictions may have on addressing the youth access problem,” continued Mr. Mosser. “We strongly believe that the appeal to and illegal usage by youth can be significantly reduced, not by banning flavors which are necessary for adult smokers seeking non-combustible alternatives to cigarettes, but with responsible marketing, adult-oriented packaging, restrictive online access, and enforcement of the current laws and regulations to force out bad actors marketing illegal and counterfeit products.”
In the majority opinion, the Court stated that FDA needed to consider relevant marketing strategies and plans surrounding access and restrictions around minors included in the PMTAs, and not simply disregard those plans as historically insufficient. “The FDA offers its experience as its primary excuse for its refusal to consider the marketing and sales-access-restriction plans,” the Court’s majority ruled. “Experience fails as a justification...”
The majority also noted that administrative “efficiency” – i.e., quickly reviewing the many PMTAs submitted to FDA – was not an “excuse,” saying, “by definition, the requirement that federal agencies consider all ‘relevant factors,’ prohibits agency shortcuts.”
While the majority focused on FDA’s failure to review Bidi’s marketing plans and sales and access restrictions, the majority further noted, with respect to Bidi Vapor’s applications, that FDA also failed to consider key evidence including, among other things, “product information, scientific safety testing, literature reviews, consumer insight surveys, and details about the company’s youth access prevention measures, distribution channels, and adult-focused marketing practices,” which “target only existing adult vapor product users, including current adult smokers,” as well as Bidi Vapor’s state-of-the-art anti-counterfeit authentication system and retailer monitoring program.
At the time of this press release, FDA has not announced its plans moving forward. The agency could appeal the ruling or put Bidi Vapor’s PMTAs for its non-tobacco flavored devices into scientific review. The Court ruling “remands”, or sends, the applications back to the FDA for action. The dissenting judge sided with FDA and its arguments that it has not seen any marketing or access plans that would reduce youth access, or that non-tobacco flavored vaping products offer an advantage over tobacco-flavored vaping products in decreasing smoking among existing smokers, despite the fact that FDA admittedly did not even review Bidi Vapor’s submitted marketing plan or other evidence.
“We believe that Bidi Vapor has provided FDA with substantial, robust and reliable scientific evidence through, among other things, surveys, behavioral studies and clinical trials on our BIDI® Stick products. We are confident the science will prove that the BIDI® Stick is appropriate for public health (APPH),” noted Kaival Brands Chief Science Officer and Founder, Niraj Patel. “Following on FDA’s initial administrative stay of the MDO, we believed that the subsequent judicial stay was a good indication that the Court found some merit in Bidi Vapor’s arguments and puts Bidi Vapor's PMTAs for the non-tobacco flavored ENDS one step closer to being properly and fully evaluated by the FDA. Bidi Vapor’s victory in our merits case confirms our prior beliefs. We look forward to cooperating with the agency through the scientific review process.”
Leading with Integrity
Bidi Vapor submitted PMTAs for all 11 flavor varieties (nine flavored ENDS plus menthol and tobacco) of its BIDI® Stick prior to the court-ordered September 9, 2020 PMTA deadline. The detailed applications ran over 285,000 pages and contained significant information supporting the products as appropriate for the protection of the public health – including robust and reliable scientific data supporting that its non-tobacco flavored BIDI® Sticks provide an added benefit to adult smokers over tobacco-flavored ENDS.
Despite submitting scientifically rigorous PMTAs and keeping FDA informed about its ongoing clinical and behavioral studies, among other things, Bidi Vapor received an MDO for its non-tobacco flavored BIDI® Sticks, along with nearly all other manufacturers of such flavored ENDS, in early September 2021. On September 29, 2021, Bidi Vapor filed a Petition for Review of the MDO with the 11th Circuit. That MDO was initially administratively stayed by FDA; after that administrative stay was lifted in December 2021, the 11th Circuit stayed the MDO on February 1, 2022. Oral arguments were heard on May 17, 2022 in Miami, Florida.
On August 23, 2022, the 11th Circuit ruled on the Petition for Review in favor of Bidi Vapor. This ruling effectively reverses the MDO and allows Bidi Vapor to continue to market all flavor varieties of the BIDI® Stick in the United States. All ENDS product on the market today that do not have marketing authorization from FDA are subject to enforcement, at the Agency’s discretion.
Since its MDO was issued, Bidi Vapor has continued to supplement its comprehensive PMTAs with additional science, including clinical and behavioral studies supporting that its products are APPH, which Bidi Vapor believes FDA must now also consider on remand as part of a full scientific review of its applications.
ABOUT BIDI VAPOR
Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible adult-focused marketing, strict youth access prevention measures and age-verification standards, as well as sustainability through its BIDI® Cares recycling program. Bidi Vapor’s device, the BIDI® Stick, is a premium product made with high-quality components, a UL-certified battery and technology designed to deliver a consistent vaping experience for adult smokers 21 and over. Bidi Vapor is also adamant about strict compliance with all federal, state, and local guidelines and regulations. At Bidi Vapor, innovation is key to its mission, with the BIDI® Stick
NAFS another up day with good volume. Steady she goes. Volume 4.3 million. Average 1.4 million. +15% to .0055.
BOXS Volume 12.6 million. 6 x average. .0168 +70%.
BOXS ready set GO. Next leg starting. .0138 +39%. 6.4 million traded. Or 3 times average.
For once in a rare time agree with you on your take of ASCM.
Post of the day may be mine. This lawsuit was brought to allow them the opportunity buy MONI cheap. May not hear about the lawsuit after today. They will make much more from the pps move up in this stock than any lawsuit.
MONI taking a leap of faith. Adding here. Think those that reversed direction of this play today by bringing a lawsuit are really just out to buy shares on the cheap.
We may not hear about the lawsuit after today.
NAFS looks like another good day. +8% to .0053 with good volume. 5.4 million already. 5 time average.
VDRM vol doubled from my last post. Now 13.7 million or 10 x avg. Now .0128 +60%. No news. No pump. Just action action action.