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Don't forget their customer PURA with the co-packing and technology provided by ALKM for EverX. EverX may be requesting millions of bottles produced over the next year.
I think we close between current price and .05 with volume between 20 and 21 million shares eod.
You won't buy it, you won't short it; But you will post incessantly about it. Makes all the sense in the world. That go for all other stocks you follow? No need, I already know the answer.
PR? is that you?
What is this "Source" that tells you it is not good? Reverse Split talk lets me know what your source is....
So if you drink Alkaline Water and your stomach produces more Acid (HCl), where do those free H+ atoms come from? They are raising the pH of your body overall genius. It is a ZERO SUM GAIN. Or is there some inexhaustible source of acid in your stomach that science has yet to discover? I do have a Bachelors of Science Degree in BioChemistry by the way.
https://www.ncmbiotech.com/
This may be their connection to the Medical CBD arena. NCM Biotech is the company that PURA has licensed their patented extraction process from. PURA has introduced them to GRCO in California to do a joint venture (new company) that will be the benchmark in CBD oil quality testing and control for possible future labeling. PURA is also in the works with GRCO to build mobile container sized extraction labs to service the growers in CA and beyond. It would be no stretch to see PURA introducing ALKM to NCM for some kind of mutually beneficial partnership. GRCO builds mobile container labs currently for the processing of bio-waste into ethanol. A lot of ethanol used in CBD extraction.
Hey Batman, there were only 200,000,000 share out back then, now there are 25 times that many. That being said, dilution from there would leave us at .04 per share at that valuation. I would take that!!!
My optimism may be kicking in again but I always assumed there would be a little price increase right before the release, this may be it now. I see that CBDpacker and WestCoastpacker both state that they do CBD bottling. Does that mean they expect huge orders to fill in the near future, and they need more capacity now?
Nice call. Reverse psychology, I see what you are doing. Post the exact opposite of what will really happen. Can you take a few minutes and post on the ALKM that the 10K’s will definitely not be out tomorrow? TIA. ??
My optimistic opinion, since we haven’t seen a Facebook update recently, is that we are going to be hit with a press release and 10K by Friday. My realistic opinion is we will see a price movement the day before the 10K is released, and that day maybe a week from Friday.
My opinion is that with the radio silence from USMJ (they often post PR's in tandem with PURA) that the aforementioned sale of USMJ is going forward. It will just be a while before we know the sell price.
The reason they don’t announce the name of the company they are buying is in PURA’s interest. The LOI can be broken by either party for a predetermined financial penalty. The company being purchased is legally bound by the LOI not to disclose who they are in negotiations with or even that they are selling. Otherwise they could shop around for other buyers and raise the price or bail on PURA if another buyer comes along. Try to delete this post for off topic!
OH, they are really full of “it” ??
You're going to run 26 miles of the marathon and quit with .2 miles left to run? C'mon, keep the faith!!!
Your tax dollars hard at work. GLTY.
Now the 2,000,000 sell at .03 is pulled since they successfully stopped upward momentum. Thin trade going up.
I read my post and it seems ridiculous, every transaction is a buy and sell. I meant that these are shares from MM's who got them at a discount from other MM's, the two large creditors that have a billion each (potentially), or ALKM themselves and are filling bid requests making them appear as if some one is selling retail.
Wow MM's, 2,000,000 wall just set at .03. Then nothing until .0384. Getting ready for a price jump IMHO!
From my observations, many trades at .0007 are actually buys not sells.
Strange trading today on ALKM and PURA. 20,000,000 shares just traded at .0007 for ALKM and none of them registered a change on the Bid or Ask volumes.
I think the MM's pulled the phony block of about 40,000,000 because they are ready to let this rise at last (it was not a sale).
I am sure glad I am sitting on my shares from $61.00. This is normal to Halt Trading during the panel meeting for Biotech. I say this opens between $140 and $160 only to skyrocket. There is no sell on this news. IMHO
Upgrade on Flyonthewall to $25.00
From your post to god's ears...
So with 5 Billion Shares out and a price of .0007 the current evaluation of ALKM is about $3.5 Million. Assuming there is little debt after paying off the two creditors with stock, that valuation would mean about $2 Million in Revenues (using somewhere between 1.5X and 2X Revenues). So what happens when they reveal Revenues to be several million dollars or more. Same math makes (using just $5 Million X2) the valuation around $10 Million making this fundamentally worth about .002 per share. I believe that Revenues will be higher, growth rate will be accelerated, new markets and products will be revealed as well. Potential and Speculation will be worth even more. I am hoping to see .003 soon after ALKM's situation is made clear to us, and a solid "stair-step" chart going up to the right for awhile. (IMHO)
There is nothing illegal, they would be selling the Company both name and assets. We shareholders will be getting something for our shares. It may be very little, or it may be more than than current stock price. I believe the first $2.5 Million or so will go to pay off debt, and the rest will be divided over the 15.5 Billion O/S Shares. We will have to wait and see. I am bummed that it will not be the 100X returns I dreamed of. I would use some or all of what I get from the sale of USMJ to buy PURA (IMHO). PURA will have all assets (except the Americanna Cafe) that I invested in USMJ with only 3% of the outstanding share structure. More bang for my buck. I have 50,000,000 USMJ shares so I do share your frustration.
I hope you are right.
Wouldn't you if you were them? Maybe the buyout is for $15 Million (I doubt it though) and we will get .001 per share. Maybe just the fact that they are ending a shell company with a share structure that has become so suffocating that even if the company survives it, it will never be able to increase in stock value significantly, so this is a way out. Or maybe a combination of the two. Then again they could be selling for $1 Million or less and they are trying to unload the last 2 billion shares before that happens (the "Money Grab"). All I know is currently my value is down 40% and really I can only lose so much more.
I am going out on a limb and say we close Green today.
I agree, we current USMJ shareholders are not going get our big payday that we were all dreaming about. I assume that the buyout price will be higher than current share prices (but not by much IMHO). If some one wants the restaurant Americanna-Cafe, which is the vast majority of current assets of USMJ, then they will buy USMJ while they spin off other projects to PURA. I imagine that the buyers don't want all the other products/pipeline idea and are forcing these things out of the deal. My buy in price is .0005, I would be happy to get that back at this point. I have a much larger stake in PURA with less O/S's and better ability to turn revenues/profits into share value by a factor of 30 to 1 over USMJ. Other than being a good name and ticker symbol, USMJ is dead at this point.
I am really excited for the first time in about 6 months with this stock. I think tomorrow and Thursday we may see spelled out, in much more detail, what many of us have been speculating for the last year.
IMHO
We lose money at this point if they sell USMJ (Americanna Cafe) for less than $7 Million. $7M/15,500,000,000 Shares = .00045 pps. I hope it goes for much more, but my hopes are low.
I smell .03+ going into the weekend.
He has a lot more ASSK Slapping to do to get this to .0009.
I hate to say it, but this is what raw Dilution looks like. Don't be so worried, they only had about 1.5 billion share left to issue (10% dilution factor). I am not being snarky when I say that, only positive. If they are truly breaking up USMJ to sell and transfer assets to PURA, then they will need cash to do so. Selling a company is not easy or cheap. It may be a cash grab for ACI too. I think that the sale of USMJ will not help shareholders very much if at all, but if you are also involved in PURA (the one with real potential and 3.5% of outstanding shares or 30X more concentrated), it will be a good thing. Getting rid of the debt and share structure is a good thing. PURA will get all the potential revenue that would be wasted on USMJ and the Americanna Cafe is a decade away from fruition unless the new buyer has a ton of cash to get it franchised much sooner. All my musing...I have no real information about what is really happening.
Form T Filings: Some Lessons
In the OTC market, Form T trades are mostly the result of accumulated buys or sells handled on a not held basis by block desks, otherwise known as 'late prints.' They have nothing to do with short-selling. Large blocks of shares may not all be sold in a single day, so a broker or market maker would file a Form T for the remainder of shares listed at the average price that day's shares sold for as if they all had sold. If all the shares had sold in that one session, the transaction would have been recorded normally.
Read more: Form T https://www.investopedia.com/terms/f/formt.asp#ixzz5CUY3Bqx7
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In essence it is a trade (or group of trades) that MM's don't record until after the closing. There is no OTC aftermarket trading and they are required to report all trades. MM's can hide trades like these and make them look like either a buy or sell if they want. My interpretation of the situation here is that an MM (or more than one) is able to buy a large chunk of shares for a set/known average (below the BID) either from other MM's, the company, or maybe those two debtors that were paid with a couple billion shares of stock in lieu of cash. They then short the market in the same volume down to their cost factor. The average cost for this t-trade was .000597. They shorted at both .0007 and .0006. They sold about 25,000,000 shares at .0007 and close to 100,000,000 at .0006. In the meantime they covered with 120,000,000 shares at the average of .000597. So we all see 120,000,000 shares sold and they can cause panic and trigger sell stops, but in reality this was a 1:1 buy:sell which gave them profit with essentially no risk. The fact that they are still t-trading everyday means that they have more shares to do this with (IMHO).
120,000,000 t-trade. Equal to almost all trading during regular hours...hmmmm!
Got 10 million more at average .0062. If you had told me that would be possible after the FB posts I would have said you were crazy. This is like shooting tilapia in a barrel full of alkaline CBD water.
The after close t-trade will tell all. MM's accumulating for the coming run.