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20M shares was more than I thought, but it's still a good number.
I know of muliple groups of day traders who share due diligence and who trade in group at times.
50M O/S is their cut over.. anything over they really stay away from. big runners and parabolic runners cap out at around the O/S that EXDI will have post 1:28 split
I agree Kelly. Leslie is no shrinking violet. She the real deal with deep pockets and the associated connections
Well, no love so far. spoke with a fairly decent scale processor in Denver who was a 1st connection with her on linkedin.
he said, no firsthand knowledge and only that he remembers the company coming up favorable in a conversation at some point. but can't remember what it was about. basically he has no trading history.
my guy in a Major hasn't come back either, maybe he's on summer vacation. I will say that as a major in the top 5 of brands they turned over $50M n 2019 and $30M in 2020... i got the impression were that their numbers are good for 2021.
Point being.. I would expect to find more reviews of their products and more readily available info on google searches for Panacea if indeed they did turn over $10M last year.
If I were to guess... $2.5M - $5M turnover just based on knowledge of other brands who seem to be cut from relatively the same cloth.
the wild card is the 22 employees. Let's say five of them aren't there anymore and haven't updated their linkedin as they haven't found new jobs yet..
If they are down to 11 - 15 employees, once again the $2.5M-$5M would coincide with other players.
basically a bunch of speculation after I said. "I can find out with a couple phone calls"
honesty always the best policy
Starter .868 today. Not a ton but enough to make decent money if pops again. 1/10 of what I was holding 6 days ago
22 employees on Linkedin.
https://www.linkedin.com/search/results/people/?currentCompany=%5B%2218734704%22%5D&origin=COMPANY_PAGE_CANNED_SEARCH&sid=HMl
a couple of their senior managers are connected directly with a CBD to Crude oil processor I know in Denver. Have known him few years. Just tried calling to see what he has to say about Panacea. If he rates them or if he thinks they are a joke of an operation (there are plenty in and around Denver)
Just left a message with my guy in Cali who heads up a brand which is in the top 5 in $$ turnover in the country. $30M+... should be able to give me a thumbs up or down on Panacea.
I will post here exactly what they say.
The reality is this move with Panacea is definitely a 'move'.
hell, they could have just gone quiet for another year, but instead, they started rejigging the share structure, reverse split etc which said to me that something was in the works.
Now it's a Show Me story. full stop.
I suspect they have something in the works. haven't sold a share.
let's see
haven't bought back in yet. man, the pain. been there, did that....
That's some pretty basic research noshothere, from a source I would never use other than to verify a company address.
and you must know the sources you are using for info is bad.
so, I can only assume you are bashing because you either lost money on this in the past or are short here which is super dangerous even with the knowledge that most R/S pull back.
I could probably give you all the answers included a good estimate on real turn-over last year from industry peers by end of day, number of employees (I already have and multiply D&B outdated info by 5)..
I was in the 3rd largest Shelf space turnover company a month ago where my buddy is the VP of operations. As soon as California wakes up I'll call him and ask him about Leslie Buttorff and Panacea Life Sciences as a bit of a sanity check as you are trying instill doubt in us long termers... let's see what I hear.
I do agree it's been a wild ride. THE EV company shift was super sketchy, I still ask myself why I didn't sell all I could over .20
But this CBD angle is good.
I've seen dozens of bankruptcies in the CBD space over the past year and it's been a real struggle to survive for many.
Anyone who makes it out the other side will do very well in years to come.
JMO
I show 112M outstanding on the app that I'm running.
there will be a 1/28 split so after that there will be
4,000,000 shares outstanding.
that will make for some interesting trading over the next year if/when good news is released as it's going to be a very small float
I've been in for over a year now, so not in a hurry. I want to see how the story develops and plays out.
be aware, very, very few stocks go up after a split.
historically there is a little dip before they take back off.
Who knows here, but you may want to wait until after the R/S ... and see how the price performs before you go it.
OR. buy a little now, a little then and more if it dips :)
#KnowWhatYouOwn - R/S plus this news points to more positive developments throughout the next year IMO.
They didn't do all this back-office work for a dime bump in Shareprice or Two... I have no plan on selling shares this side of $50M market Cap.
do your own DD and make your own calls.
*No one ever went broke taking profits*
Have had good winners lately. This investment? Well it Sucks so far
Long Term 1-3 yrs I'm convinced $4+
took another 25K shares off in the high $1.30s. good earner. will add back on a $1 dip.
historicall speaking... it will come
Took 15K shares off $1.35'ish range here PreMarket. Still holding over half of share count but wanted to book some profits while staring me in face.
Time always pays on on this ticker when you buy the 'blood in streets' periods
Nice 1:28 R/S gives me an exact share count down to an exact something thousand.
that is auspicious in my view right now and I like the new number.
as it was once said
"SHOW ME THE MONEY !!!!!!!" ... and then keep it going into 2022 as I don't intend to sell if I see developments and can find reason to stay invested
The buying the pain period could be over IMO. getting too late to accumulate shares perhaps
I'm still of the mind that all this stuff in the background and backoffice costs they are incurring is for the foundation of a more signicant company going forward.
Please tell me they are going to turn into a Delta-8 company or something similar that will give them a competitive advantage in the market place....
or Psilocyn, or any over recreational drug that is going to go through the roof in the future...
They do that was we go from a $7M valuation to North of $35M-$50m in a flash
Whoever splurged today on $3,000 worth of shares 'papered' the share price to over my avg, so it's a good day. happy here.
JMO
someone on BID trying to buy-in. News leak?
well, they have opp to sell 125K at .08
and they don't seem to be taking that opportunity.
no-one has been for past hour or so it's been sitting on bid.
not to mention the 45K someone bought at .075
just saying...
If you read my posts, I picked up a bunch at .045 or so last December
post number 1280 on this board.
call out your position and I'll call out mine as long as you don't say "no position, just watching you guys lose money etc"
IF 100M Shares out, THEN every .10 is $10M
That is a lot of incentive for insiders to do some sort of deal to bring energy and eyes to this company.
.40 higher and they all get a great 'Paper' win or realized win if they sell into a pop.
historically people don't do all this work, issuing shares etc without some sort of realistic plan for an exit.
JMO
in the .50s and I'm rich(er)
for cap gains reasons this isn't a good year for me to sell or than tax loss selling at end of year, so I intend to hold EXDI into 2022.
Let's see
picked up 80% of shares traded today @.07
I've never spoken to AJ, can't justify the buy but they were sitting there on ask, under my average, so bought them.
It didn't touch the 10,000 shares showing on ASK when I bought more than that, which means someone was sitting there with potentially a lot on sale.
?
Who is selling down here, is the question
shaping up. Wake me when we are over TenBux
Confirms 2me that SharePrice will Run.
gut says something is in the works, no reason to do all this backoffice if some deal or some pending development is not highly probable.
The board, insiders, and a couple of their listed employees are no fools. Their time is worth money; they are not nickel and dimers. They are associated with substantial money as well as current and recent past significant industry success.
These peoples association would have terminated long ago if the upside potential was not only significant but also probable. JMO
A million or even couple million shares dispersed to loyal participants aren't individually worth squat at current share price, nor a small multiple therin. $50K, $100K? doesn't get interesting to them (even smaller insiders) on a multi-year involvement short of $250k-$500K+ JMO that gives us a 5x-10x multiple potentials from .08
as such my short/medium-term target is that we see .40 - .60 (before Dec)
mark this post and Laugh Out Load and ridicule me later ;)
heck, ridicule me now. I only risk what I'm prepared to lose.
I'm one year in from initiating a position that I added all the way up to something like 30K at .044 on tax loss selling last December.
Long, Strong and arguably foolish for not selling significantly into the pop over .20
in frustrastion I've added another 100K or so under .09 this time around.
Neil might be targeting .25... me? double that on good news with real $$ attached.
I want to get into a lower capital gains bracket before I sell.
good luck to all.
Pretty compellingly bad synop there Noshorthere...
cringeworthy to digest.
my thesis involves hope (Oops), but more so that there has been somewhere near a 50% Bankruptcy rate in the HEMP/CBD space.
I meet and speak with a lot of players on a monthly basis. all last in Calif meeting with processors, toll processors, formulators, and brand/distribution companies who are surviving and will survive.
Anyone who has made it this far stands a good chance of benefiting greatly on the next push. IF/WHEN it comes.
The fact that Exactus are still lingering in the background says to me that maybe they have a strategy. Larry Wert is no 'donk. he's a solid businessman with acumen and business strategy sense.
I don't care if It's EV, Golf Carts, Batteries, Hemp, CBD, Delta-8, Kratom, Psilocybin, Psilocyn, Kewtamin... heck turn it into a Patent troll company for all I care.. I do think he'll do something here. and we get a 3x-5x multiple as a minimum. On the downside we all lose any $$ we have gambled at the roulette wheel.
only time will tell.
I missed the dilution. was that Public Float? cringeworthy that Market Cap basically will halve... having said that if Share count went up that much -
How come the Market Cap has stayed the say since last summer based on my assumption of share count? My App is showing $7.97M here at .08 per share and 99.63M shares...
those must be non-issued shares? Shares in the background IN CASE they want to dilute? Shares that are in fact owned by the Company and not individuals?
OUT. lost $500 on this roundtrip.
crazy as this PR actually had money attached. $5M for a current $9M market cap company....
but I was not keen on holding the more I looked at this lastest news.
BID is all way down at .071 says that either it's not noticed yet.. or that really it isn't that great of a deal for Nascent.
sit and watch time
surprised didn't go higher, quicker.... I mean this is real money that was put into their bank accounts, with more to follow.
maybe the devil is in the detail and they gave away the farm.
i.e. all rights outside western hemisphere..
picked up another 60K shares today.. avg is now higher .07s...
will see
finally real $$ attached to a news piece. started buying some back in around .063, but like todays news.
added in the .07s and .08s.. will hold now and see what happens.
more .07.. out of town for the week, so someone else will nee to buy the ASK whenever something sticks some there.
good luck.
When is the news coming Neil? how imminent was AJ sounding???
Market Cap is basically in BK land considering IP... just needs one big player to have a need for their pharma approach and this is a 4 bagger instantly
Been tracking long time. haven't seen a dilution in many, many months.
Is this ever going to go?
Picked up some .86's today. oh my.
new avg in the $1.20s :(
I swear this ticker trades like a far worse company than it appears in physical presence.
good money after bad. will see what the next year brings
no love. lucky to exit $3 higher on 4K shares... even if I did take a loss there.
give me $5s and I'll dip back in.
for now.. if you stick .07 up on ask... I'll take it.
another 30K today added .07
probably going to zero but got some .07s
give me the right setup and I'll buy back
downtrend. may re-test lows
No $$ no Love. I was stuck having bought first shares in $14s... lucky bought some last few days to avg down. dumped almost all in mid $10s today for a $1.30 loss overall on too many shares on this PR. Commercialization? yeah, great idea... but where is any mention of money? caveat emptor, if you chase a PR that doesn't mention $$$,, be prepared to see RED. JMO I'm expecting sub $9 maybe even sub $8s again. time will tell. Like the story long term fyi
Caveat: if Redditers get a hold of it again. like they did when they ran it up over $24 on nothing... anything could happen.
As such I've kept 1000 shares. give me $4 higher and I can go green.
ugh
added another 21,900 @.09
Add more $5.10