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Whoever is still trying to manipulate the price, he mus get pretty bpred by now. No one want to buy at 0001 and nobody want to sell at 0009.
Getting close to the time manipulators will let it go to cashin?
Just was curious about what our 'self proclaimed financial expert' does on investorshub (I did look at the last 2 months only),
More than 97% (approx) of his posts are on our GRST board but I also found a pattern in what else he post relative to other stocks. All he seems to care about is the number of O/S except in our case where he enjoys looking backward.
The other 2 stock he posted on are:
1- Data443 Risk Mitigation Inc. (ATDS) - account for all his posts other than GRST, but 1
The once monthly outstanding share count update is certainly something to pay attention to.
Outstanding Shares---- 867,084---- 10/29/2021
Outstanding Shares---- 945,316---- 11/30/2021--- +78,232
2- Valiant Eagle Inc. (PSRU) - 1 post
Looks like they are willing to push new shares out at recent levels.
Outstanding Shares 1,162,593,251 10/31/2021
Outstanding Shares 1,269,468,251 11/01/2021 + 106,875,000
Outstanding Shares 1,352,468,251 11/24/2021 +83 mil
One wonders what his problem (or agenda) his but whatever it is it generates negatvism full time whatever stock he looks at.
Unless I missed something, I suspect he has fire somewhere else right now. His pps was $150 6 months ago and now trades at less than half that ?
'the greater fool' ???
Looking at the amount of time you spend on that board disparaiging a company you do not believe in whatsoever ... you may be it ... unless you have a hidden agenda based on pushing shareholders to dump their shares whatever the loss.
Except for thying to manipulate shareholders even more, why in the world would the company R/S, thereby screwing both current shareholders and creditors.
I hope the remaining shareholders (those not having given in to the BS in here, selling their shares at a loss) will just be patient and wait for the manipulators to start cashing in some of their low cost shares.
Probably loss of time but I wrote to Leon this morning to politely ask him to make life misereable for those making our MC smaller the revenues and stop the theft of shares from serious shareholders.
I do not expect a lot out that but I feel better having done it.
Obviously, someone with deep pocket is accumulating at the lowest possible pps and he (It) has been doing it for months. I assume he (it) doen't believe the company will fold.
PPS down to ),0009 on a transaction of 50,000 shares ($40) ... If that is not manipulation by someone wanting to show a low pps for reasons of is, i do not know what it is ??? LOL
Honestly, I do not really care about this asset since we do not really know what it means (market value, morgage, revenues, ...). If there is something significant to consider (???) we will figure it out later. By the way, if I wanted to embellish the situation also, I could mention the opportunity for government grant considering how strategic the service we offer means to the society.
Additionally, I do not try to project what Leon will do in the future if he doesn't give up once and for all.
No, all I look at for the moment is that we have a company offering a critical service, in a huge market and we are duly licenced to offer this service.
The other consideration i make is that we generated significant (relative to MC) revenues with 40 beds, we now operate with 52 beds.
As for the debt, unless it means bancrupcy (in the interest of who ???) that something that we (and our creditors) will have to live with for years to come.
Bottom line, those manipulating the pps, our creditors and Leon himself do not have interest in seeing the business go out in smoke and I assume they will all do whatever is required to keep the boat floating.
Personally I will ride on the same boat ... or sink with all of them (I however would not die not being over committed)
Enjoy the cruise! (LOL)
I will hang in there. As for listing my shares, i'm sorry but did not think that it was that significant (even more considering how large a portion of my portfolio it represents). My point was that I believe in this INVESTMENT a lot.
By noon time I took a long shot and took a chance by putting out a bid (1,000,000 at 0008). Surprise I got it.
Obviously the manipulators and their helpers in here, succeeded in scaring the s..t out of those unable to lose anymore and these people played safe (???) by getting rid of their shares. That made the day volume (350,000) 25% higher than average (280,000).
To bad our CEO doesn't do anything (but pumping) to help his sharehoders but that does not chage the key facts to consider:
- There is a real busines and currently (as of Sept 30) it produces a yearly revenue of at the very least $ 4,000,000 (Q3 financials X by 4 + a few more beds)
- The market cap is smaller than this revenue (3,5B shares X ,0009 = $3,15M0)
- The company just reported to SEC as any seriouly operating company
On the other hand this new venture or quasi-startup inherited accumulated debts but that is not hidden and allow some je..s to flash that up full time to support their efforts to take shares out of the hands of shareholders.
Again ... Unless Leon decides to shot down the busines and close the book for good, the market value will keep increasing and at some point those who disparaged it all along will let go and those having shares will profit seriouly.
Putting the folding scenario aside, 'Investing' in a startup by buying shares on the ridiculous OTC or tsxv markets is a risky proposal but the future gains can immensely reward those that were in early and went thru the garbage written on message boards by and for manipulators of all kind.
In any case, there is not much more to lose but alot to make (risk/reward)
GLTA
If it can help, I have been in this since Dec 13,2019 (bought my first shares at $0,38) then added (trading now and then) to try to own 20,000 shares, target I ended reaching 3 months later, on March 17,2020 (avg cost then was: $0,64).
I since then traded somewhat and I now own 32,000 shares at an avg cost of $1,35.
I personally to sit on 30,000 of these till financials 2022 are out (by the we will be on TSX and probably on NASDAQ and institutional investors will have been involved. In that context, I believe that our pps will be at least $6,00 for a market cap of more or less $750,000,000 assuming a multiplier of 10 or so.
The last 3 quarters were really just a taking off (as does a rocket) and I expect sales of Q4 to be tripple what Q3 was (maturity of our distribution network). As the rocket sales will accelarate from there (like the rocket) and I belive FY2022 will show an avegare revenue per quarter of more or less 50,000,000 (Q1 at 5, Q2 at 9, Q3 at 15 and Q4 at 20+).
Worst case I should be off by 6 months or less.
OMHO! Butwe have a winner here
Following Q4 and Fy releases, and listing on OTC I expect canadian institutional investors to jump in (they generally do not touch OTC stocks) and uplisting to NASDAQ will bring in american institutional investors also.
If (as mention in my post 4152) Cannaccord's estimate of Fy2022 revenue will be $ 49,57M or so, assuming a multiplier of 15 (BYND multiplier currently is 73) our market cap would be $750,000,000. Assuming 125,000,000 outstanding shares that would give a PPS of $6,00.
Unfortunately I've lost the reference but I saw (may be Cannaccord again) that by year end 2020 the stock could be worth $6,50.
Whatever, the current pps is ridiculously low and personally I gradully bet the farm on Else.
Selfishly (LOL) GLTA!
Effectively, daytraders type of shareholders are desappointed and most seem to escape. This being said investors are in for quite a reward in 2022 or even better thereafter.
At that pps, may as well let it there and see what will happen. Anyhow some would have a lot more to lose than me and I do not mean small shareholders like us but whoever our expert say they can convert (LOL).
We either gonna lose our bet together or see that the light at the end of the tunnel may not be a train after all.
At 11,36
Bid 11,000,000 at ,001
Ask 11,000,000 at ,001
Total volume after 2 hours +: 0
Looks like we may have hit the floor ... at least for the moment
Just sold out at a loss (because another opportunity came up). May come back later.
I did this morning 'Hold my base', 'Add few more', and 'will hold' on all of them (except for the new ones I bought today to reduce my avg cost of C$ 1,34)
Not including 'Manipulation' in you analysis is quite clownish for sure (LOL)
Anyhow, this is a moment and I used it to rapidly add shares ($1,73). I feel over committed but confident.
It is obvious that our stock is manipulated but I wonder is it legal for market 'manipulators' to hide behind aliasses to post in here ? Just asking ???
'Over promises, and they are never kept. Sad!'
If you followed this business you would know that the last thing one could accuse Leon to do is 'over poromissing' ... as a matter of fact, serious people in here believe he is not committing himself enough (without pumping).
The last time he 'promissed' (???) something was a couple of months when he said 2H2021 would show a total revenue of $1,8M ... An $850k or so Q3 is pretty much in line with his 'promisse' (???)
I really do not know what you are talking about.
The analyst following BABY (Cannaccord) show that Q1 revenue was $ 1,14M, $Q2 was $ 1,11M (we now know that Q3 was $ 1,17) and according to Cannaccord, Fy2021 total revenue should be $ 7,07M (means Q4 should be $ 3,65M)
Cannaccord also estimate that Fy2022 revenue should be $ 49,57.
Source: https://ca.finance.yahoo.com/quote/BABY.V/analysis/
Additionnally, as per current financials, Else Cash position was C$13.8 million and the Company had no Loans liability as of September 30, 2021.
That quick analysis could very well be what is behind Hamutal Yitzhak’s comment saying: “Else is a company that should not yet be measured solely by Quarters. We are building a pathway to be a potential global leader in the plant-based nutrition arena and aiming for a multibillion-dollar market in 5 years. We are making great strides each quarter and have achieved significant milestones in this quarter including our Walmart.com and Kroger online partnerships. We also completed the development of two new product lines, and we expect momentum to continue and accelerate throughout the remainder of the year and beyond.”
I personally have all the shares I want to have (70% of my total portfolio) and as recommended I intend to 'HOLD'. Wasn't that committed to this I would recommend 'BUY'
Holding is definitely the strategy ... https://www.marketbeat.com/stocks/CVE/BABY/price-target/
'Just because I don't own it here doesn't mean I won't latter.'
Then we will both enjoy getting richer (LOL)
'The company's objective is to get the debt converted so they share a common interest with the toxic financiers.'
Whenever all has been converted if the company folds, will the company and Leon be rich or broke ? If it's good for them to accumulate shares, why would it be bad for me ???
'Q3 was indicative of nothing but that and is why it didn't serve as a catalyst for an increasing stock price.'
Amways the same BS from a frustrated poster not even acknowledging that the stock is manipulated.
I really wonder what in the world hapenned to you to be that antagonistic and frustrated. Wish you to get a life some time in the future.
Obviously expecting Leon to come out and promote what he does and plan to do is a loss of time. He obviously doesn't care about market cap or pps and he most likely will not for a while.
Let's assume he works at growing the business (as demonstrated in Q3 financials) and at executing a plan he doesn't want to discuss (pumping) till part of this plan is more than a plan.
Hard to believe that such a reputed business person did work at obtaining licences and produce AND REPORT initial results without intent to succeed.
Leon is more likely finishing the year with a good base to build from before executing a growth for 2022 thru expansion of current facility and maybe getting public funds aimed at solving a serious problen for the country.
Looking at Q2 honest reporting, Q3 financials and Q4 aluded to resulsts, no one can seriously accept the current market cap and/or a strategy simply aimed at selling shares at current pps.
We unfortunately do not really know what will happen or when but unless you just want to look smart (looking at the past), you have to belive the future will be great and the future render manipulation more difficult or even suitable by manipulators themselves.
Let's be patient and GLTA
Just bought a few shares ... Let's see what it will look like next summer or so ???
TSX market isclose to 500 points down (-2,2%) and ow Jones down more than 900 points ( more than 2.5%) but Baby (CDN) is stable with greater than avg daily volume.
This says a lot.
GLTA
For that (MC $25M) we must know what duly filed financials will be and how many shares will be out there (Last dec 2020, the O/S was less than 20,000,000).
In one word, the company must be more 'transparent' relative to current business and plans.
Let's face it, creditors are presume to convert to shares, MM's try to get cheap shares and retail investors try to keep their shares (less than 10,000,000 shares traded this morning ... $10,000 worth).
I assume that in a future of some kind (there is a real operating/growing business out there), manipulators will want to cash in there cheap shares and let the pps become more realistic (MC of let's say 7 times revenues = $28,000,000 and even at 5,000,000,000 O/S this mean a pps of $0,0053). This is on current projected annual revenues of $4,000,000.
Even if I'm wrong, not much more to lose (my avg cost is less than 003) but I somehow believe that, given time, I may make quite great.
GLTA
I do not pretend to be an expert but I suspect that: 'subject to the Company meeting certain customary conditions' most likely includes having filed financials.
In any case, this remains one of my best most solid investment (enen with a 2 years horizon) and I intend to wait for this stock to be both on TSX and NASDAQ so institutional investors with much longer bhorizons get involved seriously.
Let's be patient and enjoy the ride.
Current market cap of 14-15 millions cannot be justified by a small local market coverage. The company needs to expand its manufacturing capacity and even more its distribution network in a much larger territory. This however will mean additional investment and require dilution somewhat.
It must be and it looks like they fit all other TSX requirements for a listing.
This being said, if the company plans for an uplisting in first half of 2022 it would mean at least filings financials of Q1 first to be listed somewhere around April 2022.
On the other hand, if they were to file next month, FY2021 financials (I doubt it) they then could be able to be uplisted some time in March 2022.
In any case I still do not understand why they haven't yet quaterly filed their financials ???
Gee ... Aren't we lucky to have you bringnig us NEW INFO all the time.
'The LABRYS fund note that matures November 30th' ... Thanks for the new info.
Wrote to the company on its internet site. I suggested that in respect for its shareholders our new president could issue a corporate update. The company did not even take time to acknowledge reception of my note.
As many, I'm stock with worthless (or almost) shares in a company that doesn't care about its shareholders, assuming they even try to create some kind of business making sense.
I agree. This being said however, the company should behave as a serious one and normally and timely file its financials quaterly.
You write:'The deals that have been made are many and complex to the point that it is very difficult to understand what the company owns and does not own.'
Aren't we lucky to have someone as smart and competent as you to explain it all to us stupid shareholders that we are. Thanks for reminding us the history going back to 2017 (when the current operation did not even exist) and repeating your bright analysis ad nauseam.
Agreed, that's why I did try to prove our selfproclaimed financial expert wrong. I understand the risk (I can afford without trouble) but also can see the upward potential being patient (I probably will get within the next 12 to 18 months) ... to old to wait longer (LOL)