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No...but now I wish I could short this crap and go to straight to B Yates and buy his Notes and convert them 50% below the market! That's where the REAL money is!
- SMH
Trapped Door Sprung!!!
Brought to you by you're unfriendly (and TOXIC) neighborhood scumbags; Old Main. JSJ, Power Up, GHS, Rockwell, etc....
- SMH
Today could be the day it breaks $0.0011, at which point it'll be interesting to see how strong the $0.001 Bids will hold back the avalanche! This is what typically happens on your way to 1,000,000,000 Shares Issued and Outstanding! Yes One BILLION Shares!! A "bounce"? Sure it's over due but that "bounce" might happen from lower levels at this point!
- SMH
Your quote;
"He never gives up...."
...Printing shares???
- SMH
The REAL problem is not when those Notes come due and get converted but when Yates has to go back to the same TOXIC Funds (Old Main, GHS, JSJ, Rockwell, Power Up, etc) and asks for more $$$$ (which EVERYONE knows he'll have to) and they say..."No, not right now" At that point it'll certainly be curtains!
- SMH
Yeah, I've noted that since I've been tracking it. The last 10Q was the major warning and red flag!!
- SMH
About $5K- $7K is keeping this from breaking down into the trips ($0.000s). This thing is holding onto a thin thread! It's not acting like you'd expect but let's see...
- IMHO
Your quote;
"Never use stop loss orders in the pennies. Imo"
That's funny! With PLSB it should simply be, "Don't buy shares in PLSB and you'll Stop Your Loses!" LOL!!
- SMH
Thanks! In my opinion the clock is ticking on this ticking time bomb since more Notes will be converting soon and enter the market at a time when the liquidity is drying up. Not a very good scenario.
- SMH
LOL! Yes, that South of the Border seems to keep climbing but that's another story all together and worth just ignoring...haha!!
In the meantime I'll stick to my original prediction that PLSB "should" bounce from these levels but volume is drying up (FYI- seems like across the whole OTC and not just in PLSB)! It's either going to run up into the $0.0022s or finally break below $0.001 and drop into the trips ($0.000s). Nothing more to say but to sit and watch what happens!
- IMHO
No Beverage company in this category (lemonade and coconut water) gets a serious look, from ANYONE (i.e. Private Equity, other larger Beverage companies. Competitors, etc) until they've reached at least $20M in revenues! This is we'll known (Snapple, Sobe, Vitamin Water, Honest Tea, Hubert's, VitaCoco, etc) and well documented. What most of these brands have in common is that they're mostly private (except Snapple when it was bought out by Quaker Oats back in '97). Those that were public were much further along than PLSB when anyone looked at them and were mostly either EBIDTA positive OR were funded by the traditional equity route (i.e. NO CONVERTIBLE "Floor less" DEBT)! Almost every single Beverage (public) company that stalled their revenues at sub $3M and went on to rely on CONVERTIBLE TOXIC DEBT went on to go....bankrupt! Proof is in past history unfortunately! Get a NEW CEO, BOARD, Management, and real investors and turn this ship around before it's too late!!
- SMH
OK, got it! Good luck
Hey JCM, did you ever check out the other picks besides PL$B?
I mentioned them back in August; R€ED, J$DA, H!$P, C€LH, NB€V, BRF#, £WAY, etc...
Some have done well, some have not, and some haven't done much at all but that's the way things go sometimes.
- IMHO
Take back your racial comment about "South of Border" crowd and I'll stop!
- SMH
BTW- when I mentioned one of my picks to "Mighty Mo" back at the end of August when it was trading at $0.08. He went to send me a PM saying, "that's junk because who wants to own a stock trading that 'high' especially one selling to the 'South of the Border' crowd"! He went on to claim that that Co's 10K read worst than PLSB which was completely false (i.e. More revenues than PL£B and with only 19M OS)! That stock just hit $0.30 yesterday! He has nothing to say other that it was still junk because its trading "too high"! Go figure
- SMH
No worries! Didn't mean to be rude...
Come On $0.0022s! My target price looking hopeless here...
-SMH
Funny...but No! He sent me a PM which I'll keep...."private" In other words, none of your business!! Go PLSB (~sarc)
- SMH
I've been calling for a run to the $0.0022s but it's looking like it's going to take 50,000,000 to over 100,000,000 shares worth of buying to get it there and unfortunately this looks like it's drying up badly! Not sure what to think, from a "trading" perspective, about PLSB at this point. Fundamentally it's still damaged goods until proven otherwise!
- SMH
How are things coming along?
BTW- How's the "south of the border" drinks Co coming along? You can PM me your thoughts.
Go PLSB! (~ src)
- SMH
Don't worry! I took one sniff and the stench was so bad (13,785,774,761 is how BAD it stunk) that there's no reason to stick around! Disgusting that this crap is still allowed to be listed! Where's the SEC when you need them?
- SMH
There's 13,785,774,761 shares that say it won't!!! Unreal...
- SMH
What's ACI?
Don't make a big deal about it! It's what's called an "opinion" and the last time I checked with the TOS rules it's perfectly permissible! A SHARE SELLING SCAM this is...
- SMH
Your quote;
"This means there is almost nothing to reinvest back into the company"
Don't worry...companies like this NEVER make a profit much or less any significant revenues at all. No, this is what they call a "lifestyle company", like in giving the insiders a means to live a nice "lifestyle" -for a couple of years - by printing shares for loans they'll never pay back! Sick SHARE SELLING SCAM!
- SMH
I just started looking at this because of some alert (i.e. Spam). The total Issued and Outstanding is 13,785,774,761....yes folks! BILLIONS upon BILLIONS of shares! Their total authorized is "only" (sic) 15 BILLION shares!! What a sick joke! What happens when they reach the authorized limit of 15 BILLION? Increase the authorized to 25 BILLIONS? Why stop there? Why not a cool 100 BILLION! Or how about the most likely scenario? A 10,000 : 1 REVERSE STOCK SPLIT and then rinse, wash, and repeat the SCAM all over again! What a sick joke!!
- SMH
Need a new Press Release mentioning that they're "acquiring Walmart"...as a customer! PLSB needs 100,000,000 (yes, a HUNDRED MILLION SHARES) just to lift it $0.001 (yes, that's a whole one tenth of a penny)!! Pitiful...
- SMH
"Reverse split when?"
A REVERSE STOCK SPLIT will happen when PLSB's Toxic "funders"
Stop buying their Notes!!
- SMH
That Walmart has been "acquired" (sic)? That Amazon is "taking over" PLSB's....logistics? That Google has "taken a stake"...in PLSB's ad words clicks? I could go on and on but I can't contain my laughter! LOL!
- SMH
Your quote;
"Should get more like 200-300mil buying...soon imo. PLSB 50mil is peanuts for 0012 stock.lol"
From your post to God's eyes! Let's see it happen, soon, because it's way over due and my initial call (about bouncing off of $0.0012) has been wrong!!
- SMH
Heads up! I was wrong again....it's going to take several consecutive days of trading 150,000,000 to 200,000,000 shares a day to get it over a "penny"!!
REVERSE STOCK SPLIT needed ASAP!!
YIKES indeed!
- SMH
For this thing, that's about $70,000 to $80,000 worth of buying! Difficult but not out of the realm of possibilities!
- IMHO
PLSB needs 50,000,000 shares of Buying, now (before more notes are converted), to get this back over the $0.0022s....Come On Sea-biscuit! (~sarc)!!
- SMH
I'm not sure if there's a minimum price requirement on the OTCQB only a reporting and annual fees requirement. Usually a REVERSE STOCK SPLIT comes when it's sub pennies and liquidity dries up (seeing it now). The one thing PLSB does have going for it is that it is still under a BILLION Shares ISSUED AND OUTSTANDING but we all know that won't be for long. Are there other companies trading on more fluff (i.e. Little to no revenues with BILLIONS OS)? Yes, absolutely. Are they worth their market cap in comparison to PLSB? Probably not. The problem is that PLSB's liquidity is what it is and anyone sitting on the sidelines would see the lack of interest "down at these levels" very worrisome!
- IMHO
Maybe you should quit using the word "Reversal" with regards to PLSB cause most people look at that chart and the DILUTION and the first thing that comes into mind is....
REVERSE STOCK SPLIT!!!
- SMH
Looking good (~sarc)!!! For Old Main, JSJ, GHS, Power Up, Rockwell, etc....
- SMH
Your quote;
"woulda shoulda coulda seems to be the topic for quite some time here,"
The most successful people I know are the FIRST to admit their mistakes and short comings and more importantly what they've learned from them. Whenever someone scoffs at the obvious failures, mistakes and short comings I run for the exits!! Nothing is more toxic than dealing with someone who blames everyone else but themselves- first - when leading a company that has lost its shareholders 99% of Its value in one year! PLSB might miraculously turn things around but to not admit the obvious failures is completely mind boggling!
- SMH
Which makes this all the more shameful and unfortunate....(PLSB could've been a contender)!
- SMH
There's only $2,786 protecting the frontline bid at $0.0011...YIKES! If anyone tries to sell $5,000 to $10,000 all at once you could see the trips ($0.000s)! WOW! I really thought this was going to hold $0.0012 and bounce to at least $0.0022s! Looking really precarious down here. BMAK loitering on the Offer is relentless and won't go away!
- SMH
A REVERSE STOCK SPLIT will come when this hits 3 BILLION plus shares OS and the TOXIC funds let B Yates know that they're not going to purchase any new Notes without more liquidity. At that point...they start dictating terms!
- SMH
LOL!! You're right Mo! What the hell was I thinking here?? After all we are talking about B Yates and crew and of course PLSB!
Everyone- peace out! It's the weekend. Time to enjoy it!!
- SMH