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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.
VDRM +50% to .0012. Volume coming in now 6 million. Avg is 1.3million. 4
million bidding at .0012. Worth a look?
King - liquidity yes. But I prefer + pps with it than -. Bottom line with this one, it will do just fine but not get to higher levels as soon as it could. And some traders will regret selling lower.
Hey King ASCM is the king of party poopers. When their game is on, they only show 10k shares on the ask. They often are the low on the ask. When they are not, they are happy as they have got sellers to sell below their ask. The plan in to see pps be slowed on a run and then gives them an opportunity to buy some of those lower pps sellers gifts.
Reminder to all traders - $MONI MM ASCM good at drawing out sellers. They are selling at .0364 with only 10k shares. Do not sell at ASCM offer or below. If you do, you are doing just what they want.
Reminder - $MONI MM ASCM good at drawing out sellers. They are selling at .0389 with only 10k shares. Do not sell at ASCM offer or below. If you do, you are doing just what they want.
$MONI MM ASCM good at drawing out sellers. They are selling at .0369 with only 10k shares. Do not sell at ASCM offer or below. If you do, you are doing just what they want.
MONI MM ASCM continues to control the speed of this run. With their selling with the lowest offer. Works great and they only risk giving up 10k shares in getting sellers to sell at their ask or lower. This will move much higher one ASCM begins to trade in larger trades than 10k.
MONI bid .0301. Just may be the beginning of the next leg up. Now .03099 +7%.
MONI keep an eye on MM ASCM. They are party poopers. Don't sell at their ask or below. They only show 10k shares. When their game is on, they are good at getting sellers to sell lower than their ask. They then pick up cheap shares for their client's accumulation.
Regarding your comment on MM ASCM sitting all day - Sitting all day with 10k offers and other sellers sell at that or lower means winning for them. They don't even need to give away their inventory to get the weak shareholders to sell lower.
MONI good comeback from lows today. Now .0247. Low was .0196. Looks like this winner is back on track. MM ASCM sitting at 10k shares offered at .0275. One plays into their hands should they sell at .0275 or lower.
INND Don't sell at or below the MM ASCM offer of only 10k shares. They have moved to .0214. Still only 10k shares offered. They are slowing the move to get shares for their client(s) lower.
NAFS +18% to .004. Good to see now PC. Also, that no one is selling to that 1 million share bid at .0037. Want to see this one back to the Jan penny + area.
Only because the enforcers have to many close friends that are MM's. Goes on all the time. OTC players just have to live with it.
Don't sell at or below the MM GTSM offer of only 10k shares. They have moved to .0545. Still only 10k shares offered.
KRTL holdup at .0520 +16%. MM GTSM showing only 10k share at the ask at a time. Wants to slow the move for clients to continue to add at their pps or lower. Don't sell at or below GTSM offer.
NAFS now current - PC Only 290 million unrestricted shares. 1/21 high .0103. Closed yesterday at .0034. HOD was .0045.
NAFS now current - PC
MONI MM ASCM is back. Not ready yet to let this one go. They continue to offer cheap 10k shares. That is their game. Get other to sell at their offer or less. Works pretty good most times. They then gobble of the cheap shares for later run.
MONI MM ASCM thanks to all you sellers for jumping out due to their tiny low ball ask of only 10k shares. Scared you all to sell at their price or lower. Bottom line they get low priced shares for later when the 'real' run begins.
MONI MM ASCM continues to impede this momentum play. Their hiding shares & only offering 10k at ask with each trade at low pps. Well congrats to them for slowing the move. But in time they will have added all the low pps shares their appetite requires. Then a boom happens.
MONI Slow start but picking up now. +6.5% to .0243. That is a 150% gain in the last 2 weeks. When MM ASCM finally steps aside this double again. ASCM is a pro at slowing moves so they can accumulate more at lower prices.