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The "farmland" is fully treed. So how is Ken planning on growing weed there unless he cuts down all the trees?
You have a point about the company and its leaders.
However I want to point to another angle.
The company ALWAYS tends to start something when that something has already run and others have exited.
Take vaping, they started when the industry was already past its peak, crypto BTC and LTC were tanking thats when these guys announce they're starting.
Now once in awhile they'll catch a rising wave, if you have shares you can make good money.
But dont even for once think they're in it for the long haul. this is not Amazon, this is a trade.
GLTA
Because they are fly by night operators.
Just ask yourself where's VGR Media? Or SmartWheels or American Vaporizer or ..... Heck once they used to "allegedly" service aircraft parts.
Now it's crypto mining, and they're mining LTC not even BTC. They're
too late to the game, not many blocks are available and apparently the most powerful supercomputers that do the heavy lifting are operated by the US government and investment banks.
But don't worry - I'm telling you this ticker will rise, but dont buy at these prices wait and be patient, the movers are still waiting in the wings for new money @ 0.0006. Dont yield and give them that pleasure, wait for 0.0001 and then buy.
I've heard stories on how these guys do business in a nice condo in Miami! Thats where the so called paper is traded and voila a new company is formed , a new product is marketed and they rinse and repeat.
Are you Yaniv Nahon?
I bought this stock 3 years ago for .0027 averaged down to .0011. It went to .0001
I recently sold the entire 21m position during its run upto 0065.
The best price for this stock is .0001, it will rise eventually and make another run thanks to MMs.
This is still 0.0006 more than it's worth. Please dont believe all their 10Qs etc etc, they're meaningless, the stock is completely manipulated.
Works for me, it says that common shares are now 15Billion.
(you need a TIFF to PDF convertor, Linux does it automatically)
Ahem and you wouldnt mind showing us that you bought right?
Lol how many times have you read that sort of language about this company? The future is no different.
The most important issue is , if they werent firm on a supposedly rock solid revenue generating product like Vaporizers why do you think they'd stick to corks?
The earnings reports just dont correlate to such lofty expectations.
Good luck to you but most likely what will happen is R/S 100:1, then the .0001 price will become .01 then with no sales and fresh debt to continue "operations" watch it slowly fall back to .0001.
It's only happened a gazillion times before in the pink sheets.
Old milk in a new bottle, enough said.
So first they're going to merge and create a super entity by exchanging shares.
Then they will create sub entities each with their own share structure and spin them off as different companies.
So this would mean, Smartwheel is its own company with own shares.
Wine cork own company own shares and so on.
An excellent way to sell more shares and pocket money, why do it for 1 company when you can do it for 10s of companies.
Good luck , you'll need it especially trying to figure out which of the 10s of company's shares to buy waiting for a run.
Pretty interesting uptick, I got into this stock in 2014 @.27c.
Im wondering if I should just close at 27c or do you guys suggest holding.What sort of long term price are you guys anticipating this will reach?
Any thoughts on the ramifications of the ITT tech fiasco on this long term? - thnx
Unless they planned this all along.
After all running a business is tough hard work and most importantly risky, whereas taking money via selling shares is far more lucrative, easy and cost effective.
just my 2c
Not sure about that but CEO definitely participates in the board.
How come when the whole Vape world was begging for news of fins he remained silent, yet when his silly PR gained no traction he quickly issued another "clarification" because of investor inquiries?! lol.
This is the CEO who said fins would be released by month end in Aug 2015 and never really released anything substantial, he never explained the filing requirement removal.
Bingo! Well articulated. Dror's tactics preceded him this time and no one took the bait.
That's a dichotomy because had they , then the price would have taken off and some longs would have profited, unfortunately leaving others holding the bag.
One things for sure, Dror wont give up, he'll try some other news or issue another PR to gain traction, be very careful.
The CEO didnt get the price movement like he wanted after his previous lame PR so he issues another one based on "shareholder inquiries"?!
LOL is he having a laugh, how about the gazillion times shareholders asked him about Fins?
He didnt respond then but he did now, because he knows his PR did nothing so hes giving more or less of the same nothing to see if it hits.
It wont and the price will continue downward.
Wise words, a pity no one will heed them and still give money to Dror to buy his groceries.
You need to look up the word "sommelier", they're licensed by a central body that award and research wines, and are experts in wines.
But hey dont worry an OTC company website says otherwise, therefore folks shouldn't do research.
Excellent logic!
I have no position here but I do wish people dont lose their shirts ..again.
I went to a winery a few days ago and was talking to the sommelier at the store, during our conversation I remembered the smart cork deal and just asked him about it.
He vehemently said no major winery especially in France and Italy would use a cork such as Smart Cork as the smell and taste might be altered rendering a poor experience and definite loss of sales and prestige.
He did however mention that American and Australian wines might have a market for it.
I suggest you guys talk to one just in case.
Interesting names.
There's no narrative nor is there any vindictive reasoning.
Of all the posters all I said was those 2 seemed to be the most knowledgeable and prefaced everything imploring folks to do their own research before the stock went to the crapper.
So yes listen but also do your own DD, plus they have never pumped the stock like our recent arrivals seem to do.
I held this stock for a year being 99% down to exiting with a 2% loss , thats a victory in my book.
But hey I should have listened to YWC and stayed for another new "run" right, but i didnt, do your own research but incorporate their analyses as well.
How else can you trade OTC?? It's all a bunch of hogwash anyways.
BTW my gut feeling played out to be right, there is no volume and now you wait and watch while this gently settles back to 0.0001, this time for good.
Take care and all the best to you as well.
You might make a boatload of money , I sincerely wish you do, on the other hand if you dont you have all the time to individually scrutinize millions of VPOR shares. :)
Obviously i don't trade solely on their word lol.
But had I listened to Cheds i wouldn't have even invested in this crap. Lucky for me i almost broke even after holding it for almost 1 year, unfortunately not many longs are that lucky.
Anyways I'm not in it, but i will chime in when obvious pumpers spout nonsense about any product this company purpots to sell.
IMHO nothing , not a penny passed through without Dror knowing. It is impossible to lay the blame squarely on Johnson, regardless how incompetent he was,even his pitiful reputation notwithstanding.
The sheer fact they went from 6m$ to 600k$ in 1 year shows that something really shady was going on.
Johnson's incompetence or not he did not steer them towards that loss, no way.
The only way this happened is because Dror and co sucked the company the 1 year it showed promise and brought it to its knees.
Selling shares is always available to them as a means to raise capital with an 8B AS.
ETM would know pity he dead.
Proof? From a revenue of 6m$ to 150k in Q1 not to mention paying themselves 1.5m$ in administrative fees. Also not to mention creating shell companies and suddenly buying them for 500k.
Not to also mention claiming that they're shooting for the stars and then going into a 1 year hibernation.
Where is VGR media? Where is the brick and mortar deal? What became of that alleged distribution deal?
From vapor products to hover boards, to hydroponics !
I'm out!
Alright gents I am completely out of this garbage, good luck to you.
I accept the minor loss incurred but under the circumstances I am very very relieved.
Valuable lesson learned, penny stocks are not for me especially those run by crooks.
Peace out, take care and God bless, will delete all references to VPOR.
LOL you are funny.
I had 15.2 million bought at 12s and 15s, i offloaded 12.2million from 0011-0015, book loss of about 1500$, which im fine with considering this was freaking 0001 just 2 weeks ago!.
I am not sure what to do with the balance 3m, everytime I say to myself let it run I am reminded of Drors face, I immediately want to sell then! lol.
Whilst some of us here are desperately trying to make back some of our investment, I find it difficult to digest that some ppl are making extraordinary claims of profit, especially since for the better part of this year this stock was stuck at 0001. Didnt see any buying then, now all of a sudden profit this and profit that.
Of course this is the internet, most claims are probably bogus.
I dont know why you would mention MJMI slyly.
One thing for sure I will certainly NOT even bother with MJMI, have had enough of penny land.
Whaa? Who in their right mind will short this? Not to mention how do you short something that was 0001 till very recently, if any most shorts would have closed for max profit at 0001.
Ouch ! Sorry man 286k is brutal.
0.02 is really wishful thinking, we can dream though.
I really hope this at the least goes up above my cost basis , then it would make sense to put the trailing orders in place and let it go.
I was looking at that chart from 2014, didnt it go from like 0011 to .40 in a few days?
Whats your twitter handle?
Who knows and who cares why but someone is buying.
I think the simplest reason is the CEO is the one buying or perhaps the lenders and they've paid P&Ders like Wolf types to get this thing running. They'll offload in the 002s probably.
Anyways I'm partially out few millions more to sell.
Perhaps..I think it has a bit more room though perhaps 001 or so.
My loss is now 50% less so Im somewhat ok with it.
We know that , just want to get out with a wash.
Very good post , 100% agree.
Classic P&D being prepared for execution.
This aint going anywhere, get your money back, thats probably the best scenario for most.