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DRNK
Last days to load before the next run. Two acquisitions will be completed tomorrow, debt is almost 100% eliminated, and entering the MJ sector.
New CEO took over in October and has already made great strides. Took the company from no bid to .0008 in about two weeks prior to settling in the .0003 area as we wait until December 15th. There was over 850 million bid at .0001 yesterday. 2s and 3s will be a steal this time next week.
It ran 700% in about a week on the forward looking announcement. Absolutely no reason this can't run harder on the actual announcements and update on being debt free
It's Wednesday morning :-/ lol
Load up. Huge bid at 1 that won't even be touched. Going to have to grab 2s and 3s which will both be a steal a week from now. Debt getting trimmed down each day and acquisition news is right around the corner
I really believe they are using the current interest (not necessarily new interest) to get the last of their debt taking care of. Announcing that they are debt free would bring in more new interest and then of course the 700 million bid sitting at .0001 waiting for the acquisition news will contribute to the next leg up, they are just waiting to see if everything holds true
Lol we shall see. Could've sworn the PR said completed by the 15th and announced the week of the 19th
That news won't be out until next week, IMO. They will be complete by Thursday but announced next week
They filed an 8k in January of last year so not sure what you're talking about....
http://www.otcmarkets.com/stock/DRNK/filings
Anyways, new management with a different vision so what happened before is irrelevant
It's close but I thought they still had $171,000 entering the week. I'd say they are down to about $120k remaining. I was hoping for more volume to start the week but most of the action is at .0002 so that's about 855 million shares that would have to go through to clear $171k. If we get an update tomorrow and the volume jumps to 500 million with a lot of action at .0003, that should do it. Then drop an 8k by Friday and the run will begin prior to the acquisition news next week
I already know this. You were saying otherwise which was clearly not the case
Your group start nibbling yet?
Groups don't tell people they are coming before they load up lol that's why I said it was BS when I saw that posted
What is BMAK known for? I thought VFIN was the dilution MM?
I think the walls will come down quick once the ask gets pressure put on it. A lot of retailers will move their sell orders to 3
Exactly. Everyone is here to make money. Those 2s will get taken out of people see potential for this to get to 4. 4s will get taken out if people see potential to get to 8s etc
Lol for real. Half the people in posting about .0005 and .001 are stacked on the ask at .0002 lol
Snagged some 1s this morning. Looking for 2s to start getting worked by tomorrow
What's the story here?
That's why they need to release an 8k by Friday that shows proof that the debt is gone. If they did that, 3s will get destroyed
DRNK
Thought they said the acquisitions will be completed by the 15th and announced the week of the 19th
Agreed. I think we close out the last of the notes this week and an 8k should follow shortly. That by itself would ignite us for the next run prior to the acquisition news. If management times it perfectly, we could be sitting pretty and strong by Friday and have a higher launch pad for when the acquisition news drops the following week
DRNK
Great points. New management is expeditiously changing this company around and DRNK has a lot of things coming down the pipe. There may be a steady run of significant news released up to and through the New Year. Very exciting times ahead
Very nice!!!
DRNK
Agreed. I'm thinking we churn through these 3s once and for all over these next couple of days. I think we will be 100% debt free by Wednesday and then we will get an update (hopefully an 8k) by Friday which will start the move north prior to the acquisition news next week
DRNK
We shall see
Lol no group tips their hand before they are loaded...ever.
Exactly. I think we are about 600 million volume away from being debt free. Wednesday the PPS starts moving north, IMO. Monday and Tuesday will be the last two days of accumulation at 2 and 3. News on the horizon
DRNK
Nice run from this level no doubt. My target is .0005 unless we get news that is worth sticking around for GLTU
Not as long as Teresa continues to dump shares and put out weak ass updates. 1s are a gimmie for any trader but who is trying to snag the 300 million at 2? AHIX definitely needs a jump start combined with Teresa and crew letting this breathe a bit
Article came out like two weeks ago, maybe even 3, you made money yet....here you still are, two weeks later....interesting
DRNK
There is always a chance in stinky pinky land. You're here out of tens of thousands of other pink sheet tickers that could catch your interest....hmmm
DRNK
Lose $1,000 with a chance at making $15,000.....hmmm, I definitely like my odds
DRNK
Three more volume days like this and debt will be gone. Then news and financials get released and we go
DRNK
A lot more debt got taken care of today, guarantee that. Only $171k was remaining prior to today and I'd say about $30-35,000 more came off the books
DRNK
Clearly closing out debt. Guaranteed they have knocked another $20-30,000 off the books today. Chipping away at the debt is a great thing. Sucks for the shareholders who were looking for a quick gain but once the financials get released showing no more debt, the walls will be smaller while the confidence to buy increases. Just have to weather the storm
Agreed. Buy and hold. The more volume the more debt gets wiped off the books. Is what it is at this point. They had a long way to go to right this ship and they are taking the necessary steps. Debt will more than likely be cleared by the end of next week at this pace and the acquisition news, updated financial news, ticker change, symbol change and revenue for these NOHO shipments will be following. A lot in the pipeline and we should see a major move going into 2017
DRNK
Debt is being eliminated. Down to $141k left which sucks for the short term (next 3 or 4 trading days as that is 573 million shares to sell at .0003 and even more if it's sold at the bid of .0002) but very positive for the long term. They have already eliminated over a half a million debt since November so I think they are doing the right thing for the long term success. Patience will win here
That is about 573 million shares at 3 unless they decide to wait until we get higher, which they could do but it looks unlikely
DRNK
Very strong PR yesterday. Action on the ask started to reflect that until those walls went up as 3s were about to come down to try and entice sellers to hit the group members waiting on the bid at 2. Typical action when a large group is trying to get in.
Ask continued to grow as the day went on hoping it would shake some loose. Hold tight and make those group members hit the ask. Damn near 300 on the bid wanting in...be smart
DRNK
Mind blown. Possible fake walls to entice selling to .0002's bid, especially if a group is trying to get in. Other than that, no clue how 3s have sold over 2 billion shares since like week and we can't sniff .0005