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I retracted that post already but that doesn't mean he can't dilute or won't change the company's name
Actually you can get a loan based off a business plan.....happens all the time....small business start up loans is what they call em Dr. Moran should know
Would much rather see a private placement, secured loan, or an unsecured loan I mean there are so many ways to finance besides CD'S and selling shares. Their choice of financing makes me think the big boys aren't buying their business plan
No, the A/S didn't increase I thought it did....but he is still diluting every way you can
O i though it was lower still doesn't change the fact the he selling all the shares and CD'S he can.....not to mention the fact that he named his company after a widely abused prescription drug and used it's addicts like Paul Wall to promote it.....
If it was really strong it would not take this long to break that MA Dr. MORON I mean Moran ruined the rally with his brazen dilution.
The A/ S count is now 2.5 billion......
The retracement after that one day spike was pretty big and the sell off had increased vol.....today's failure to get close to the MA coupled with the A/S increase have changed my sentiment to nuetral......
Lmao.....you're on to something
Lol good one never noticed that....what a coincidence....lol
All it takes is one big dilution day to wipe out the last low, and it would surprise me.
Debt financing would be great!!! Hopefully they will also address the expanding A/ S count and announce that they will no longer dilute. That would be utopic! I won't hold my breath though and will believe it only when I hear it from the horses mouth.
They will not be expanding if they don't have money to do so and so far the only money they get comes from selling shares in the open market so the pops is not going anywhere but down due to massive dilution.
The next catalyst for this will be when they announce they got anti dilutive financing.
I know I would be trying to get the pps as high as possible. I don't know if he is using the shares as a piggy bank in or if he just cant get anti dillutive financing. Either was it's bad bad bad no matter which way you look at it.
Ok, I like making money so hopefully I'm wrong. Only time will tell.
If it closes above that MA it will make very discernable pattern so it would give me a lot more confidence.
So many flaws in this company from the capital structure on down to the marketing strategy. I know everyone wants the next AMBS or NTEK but those are rare. This guy is dilluting and decided to name his brand after a abused prescription drug. Not sure if he knows what he is doing makes me wonder if he was a PhD. JMO and it could be wrong, it it closes above .0015 i'll be in for the pop but his dillution is hurting investors confidence.
From a technical persepctive the dillution is really hurting the price action. This Moran guy supposedly has a PhD in a business field so he should know the effects of dillution on pps and should also know about developing the proper capital structure. Just a shame, this could have gone a lot higher. He could have used so many other financing methods but he chose the worst most dillutive ones. Definitely not impressed with his management, its a reason why these stocks trade on the pinks sheets at fractions of pennies.
I see where you are coming from but at that time it was legal to put cocaine in a drink and sell it to consumers. It is illegal to put codeine in a drink and sell it to consumers without a prescription so why pretend like you are doing it so its not an apples to apples comparison. Bottom line is they are using stock to finance their growth and I think it ha something to do with the marketing.
Well maybe Lean Slow Motion Potion needs to follow suit and change it's name and disassociate itself from people who rap about how good the real stuff is. Then they should be able to get anti dillutive financing, if not they will be stuck with selling convertible debt and or stock.
Remember the energy drink Cocaine and what happened to it. Wouldn't you hate to be one of their lenders?
Well if were in the clear why is someone diluting and why cant he get debt financing? If I were a creditor I would have a problem making this guy a loan giving the fact that he is marketing this drink as a a competitor to a widely abused prescription drug.
Or maybe this will be the gateway to the real stuff. I don't like the marketing strategy. He should have left at being a relaxation drink. But when he added the lean and slow motion jargon, that took it a bit over board if this category continues to grow don't you think he is going to have some regulatory problems. Remember the energy drink named Cocaine and how fast it was pulled off the shelf? That should have been a lesson learned.
Seems like he is promoting it in my opinion.
Anyone not think that marketing this drink as a competitor to a widely abused prescription drug won't cause regulatory risk? Probably why the company is using stock to finance growth instead of debt.
Wouldn't be surprised if a government contract is announced soon, this company won numerous grants from the U.S army and it also seems like it has some connections to NASA.
Lol, ok this post is marked
Well no one can really predict with a one hundred percent certainty what stocks are going to do on a day to day basis, especially a penny stock but this chart is in breakout mode so its more probable that we close green than red but we will see at 4pm!
MRIB is a early Christmas gift from Santa
That dip may have been the time to buy for those who arent already in
I don't think you understand the gravity of the moment
Sweet close
Howdy folks. This looks like a winner
Anyone know why the market is selling off so badly?
I dont think its done
Howdy folks, Loving my $4.95 entry :)
11/15/13 2059 Stock
Buy
1,000
ICLD
Limit Day 4.95 4.9482†
Executed Portfolios
Howdy folks!! I'm new to this board but made some coins on this play. This one looks promising but so does ENT. The 13-fs came out today and George Soros has a stake in it but not GOGO, I thought that was interesting.
Whats the float on this thing? Seems really thin?