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Does anyone know if the OTC MMs work on computer algos like blue chip stocks do or is it an actual person running L2?
10-20 pallet production runs, not 10 pallets per day, that would be amazing!
KGKG was doing that many per run last fall, now they are doing a couple hundred pallet runs. End of year should be very interesting for VATE.
Where are the 4s and 6s and 8s? I'm confused. Love seeing higher lows! Enjoy!
Must be, its rough when the stock just keeps going up, building higher lows. Remember the calls for 4s, 6s, 7/8s? Just keeps climbing. Enjoy!
They use the same transfer agent, thats it. That transfer agent updates their verified OTC profile once a month. They are not working together. Many investor distros like myself picked up VATE only because we know of the original relationship.
They are literally completely different companies, not even sister companies. VATE was sold off by RC, he received a large amount of shares. RC used to be acting president at VATE but left last year to focus on KGKG. They are not working together.
VATE talk is fine in the context of KGKG. Talking solely about VATE belongs on the VATE board, period. This isnt rocket science.
From what both have told me over time, they dont even really talk anymore, so idk. Maybe they had a falling out and that's why RC left VATE, not sure though.
Glad it bounced off the 200 day, but a bigger bounce would have been nice. Could use a PR here before Q2. They should have alot of positives to report.
Ofc, but when its solely about VATE, it's off topic. This isnt the VATE board brother. Need to stick to KGKG ot talk about VATE within the context you just mentioned. No hard feelings, I dont make the rules, just try to enforce them.
Done.
Not even close. Q2 will hit far before. That's also assuming 0 PRs u til Q2...
Best to just wait this dip out. Q2 will be here fast, no point in chasing the PPS when it explodes.
Any time I've seen dilution, as it actually occurs, it raises the PPS. I know, seems counterintuitive and end result is lower PPS but at the time they actually dilute, the PPS always goes up (i.e. jump to .05+ with roughly 30m+ shares). We havent seen that behavior in the past week, so I dont think any further dilution has been occurring since OTC SS update. This is something I've witnessed on multiple OTC stocks now over the years. My theory is that the MM diluting the shares is trying to get the company the best PPS for their shares at the time of dilution, so the price counterintuitively goes up. Seen this with KGKG too, and an old favorite SLNN. Hell, even SHMP, when they ran 3 cents to a dollar and traded their entire float 10x over every day for weeks (massive dilution) they still ran to almost a dollar.... then the quarterly hit showing the hundreds of millions of shares diluted and she dropped like a rock.
Not yet, still sitting on 200 day, could easily bounce.
It's been here for weeks... no catalysts or volume to push PPS though.
You do realize at some point, you will lose big trying to flip it when she really takes off right?! I've seen so called "pros" try to flip and if they would have simply went long they would have made more money, PLUS the tax breaks of holding long!!! Unless you are trading from a retirement account, every flip you gain you will be paying some nice taxes.
You just bingo'd yourself lol
Clueless. They are adding distros left and right, product is a top seller for many of us, revenue stream has definitely increased. Also many forget the entire reason for being public is to gain capital.... it's the companies that print shares to buy lambos that you have to worry about.... Q2 is going to be fantastic!
If you guys are wondering why I havent been answering questions about sales. I've been busy with the primary job and we are focused on hiring a beverage consultant. So there iant much to report as I'm not getting out there much right now. I know our 1099 in Waukesha is stilling getting reorders and adding it, but he is in a similar boat, does it on the side.
We have had great feedback so far though with our existing stores, in fact I have 1 of our larger customers who told me last week that they only want to buy our products going forward, cooler space wise, and drop CannaHemp and other beds they had been trying, because they like the quality of KGKG/VATE better and my quickness to respond and deliver when needed, as I do a 48 hr fulfillment window currently.
Another 1 of our customers was on the local news again, but I missed it so not sure if our products were featured or not again. Once we have a fulfillment/sales person things will really pick up. Tough starting a business while working full time. In fact, I always thought that was what Ryan did. He is at the point he can automate it with staff to a good degree, which is smart.
Definitely. So proud of VATE holding it down like this. Nice change from the past. Even the haters have to admit that.
Good point. You already made some money too.
Yeah but it was almost 4%+ green, literally until the last 30 sec some moron sold 100k into the bid at the bell.
That's 2 months in case you weren't sure. Or 1/6th of a year that VATE has held a higher base. That doesnt sound like, "VATE ALWAYS GOES DOWN ;(" to me!
KGKG always bounced back up, often times way above the previous.
Looks like hes been with Elev8 since January, pretty cool. Must be a big part of the added distros.
Emailed Ryan on something today. I get a new email an hour later from a Matthew Luckett Sales Exec who I am told I'll be working with directly going forward. Seems like a very nice guy, helpful, like Chris at Kona.
I got pretty excited as that means we are progressing. Can't tell you how much this reminds me of KGKG from a year ago. I think VATE and even the sector as a whole will surprise everyone when the mania truly hits.
Surprised its down so much and with volume. Then again, it could just be a single big swingin' D long too.
Every single time actually. Been hearing "VATE ALWAYS GOES DOWN @___@" for like 8 weeks now, yet it continues to trade in the same exact channel. :D
No volume across entire sector, no catalysts. We crossed weeks ago and still going up, just need the spark, may not see it until 8/15 when Q2 releases. Should see it steadily rise on the way to Q2 as we get closer. I think we will see a PR before then though.
Our pallet of HighDrate with new flavors ships out Wednesday!
Bingo
Damn good point.
30 day avg volume is 7.1m FYI. Nice jump in PPS off that beautiful PR yesterday. Hopefully volume follows, and this starts the next leg up.
Most definitely additional production. Last I heard was 2nd run in early June. I know it's frustrating that he doesn't PR as often as other companies but that's just his style. If anything, the PRs they do put out hold more weight imo than something like PURA.
Our first orders were a little different since I told Ryan I'd start with a certain dollar amount worth, rather than a straight full or half pallet. If I remember correctly though, a full pallet of the tea is 104 cases, which a case is 12 bottles. The coffee is around there too, but 24 packs of cans.
Radio and internet are for well established name brands as it drives people to every Walmart/Walgreens/C-stores where the product is sold. We aren't to that stage yet, the average consumer wouldnt know know where to get the product, too small, not in enough stores yet. Plus think of an ad taking off, they are producing like 10-20 pallet loads right now, that's no where near enough for TV ads. Need to wait until we are in big box retailers. We see this same mentality on KGKG boards, it's great positive thinking but not realistic yet unfortunately. I didnt understand this either when I first started, but Chris Sellenger explained it on one of our calls one time.
My wife is buying in tomorrow, shes doing 50% KGKG and 50% VATE to start.
So ancy staring at the chart. It wants to blast off.
I got really drunk one night and shit all over the KGKG FB group and got kicked out. Highly recommended!
It's like a train wreck, you cant help but watch since there is the occassional gem in there. The best post I saw in there was an old MM from the 80s explaining how things worked at their level, super interesting. Even that got deleted some how.
IHub with all of its flaws is still way better from a technical standpoint, or even trader standpoint IMO. Less garbage basically, even though there is plenty left lol.