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So true. Any winning bags just go to buy new bags.
Totally feel this. I’ve averaged down like 8 times. Getting old losing money everyday here.
IMO a lot of flippers involved. MM's shaking loose hands making it lean to the sell side. Been watching the trades and there is still lots of buying action on the low end.
What's driving the massive action?
We only have 680mil authorized shares here. They have 5 billion. They were operating pretty close to their OS maxing to their AS and they needed to buy back shares. When they were buying shares they were doing it when their pps was a fraction of what this has been running. I doubt their CEO bought much of if any of their shares at over a penny. Even with all he bought they still operating at almost 5x the outstanding shares. And everyone saying they the next paypal. But if they don’t find a decent platform to generate their revenue imo the technology of being able to send transactions across the globe doesn’t alone make them a billion dollar company. When MM’s flip the switch cause that revenue isn’t being brought in, going to be one of the fastest falls the otc has seen in a long time
So paypal has about 1/4 of the OS and last year generated $17billion. Paypal is linked to one of the largest online selling platforms in the world with eBay. This makes generating the revenue very easy as it is the preferred payment method of eBay. If Humbl can grow enough and be competitive there’s money here to be made. However, the fin tech industry Is big right now with new technology, cryptocurrencies and such. There’s going to be costs associated with running this business. They don’t have a site using them as a preferred payment method like paypal does. Not saying they can’t overcome the obstacles. But I feel with all the hype a lot of people Are considering this a slam dunk and definitely work to be done before even being mentioned in the same category as a paypal
With audits and the launch of 1myle, this would easily be at TSNP’s current price. The Share structure here is much better. Not as many shares for the MM’s to play with when the run does start to happen.
Most places don’t update that daily. Like I say do the math # of shares x pps. Their 3.5 mil was prob last reported when this was below a penny
I’m whacking the bid. Need me some more below that penny mark.
Last reported 839mil 12-4. I’m guessing with the price raises since easily about a bil.
Look at the share structure and the price. For an easier way to see the market cap a person can just check it on the otc.
They will have to produce 100mil in revenue annually to live up to current hype. GL
$200 a share is a complete pipe dream. You realize if this just went to $1 it would have a market cap in excess of $3.5 billion? A long ways to go and tons of share restructuring to be done for this to ever see $1
I got out with a small gain. Too much hype. Market cap over a billion and I’m just not sure that kinda of value is here.
I just sold that. Too much hype at this point on that imo. Market cap currently over a billion $. Imo even Humbl don’t make it that big. Going to have a rude awakening there when MM decide to flip the switch. Axxa is the perfect place to be. Wait for updates and until the hype starts coming in from the 1myle launch. Imo they are being very modest on their projections for its expected annual revenue. Putting in order now to soak up more $AXXA$
Wonder how the meeting last week went. Hopefully get some updates this week.
Idk. Imo the issue with it climbing much from where it was Friday is the market cap. Does Humbl make them a billion dollar company? If this goes to a dollar the market cap would be over $3.5Billion? I picked up a small position to gamble and see what happens. People calling for $5+ a share imo with the shares structure the way it sits are completely out their mind.
I picked up a small position Friday at .225 The CEO was picking up plenty it says https://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises-Inc-CEO-to-Lock-Up-Over-10-Million-Worth-of-Stock-Purchased-Directly-Out-of-the-Market?id=280491
Seems like a lot of good stuff is being done. I’m not sure if it’s to a point it’s overhyped or If it’s still early enough to jump on for the next big thing. Either way I got a cheap ticket for the ride to see.
Are we running today?
So you think the company is hiring people to claim they are someone their not??? Wow. I always tell people I’m someone else too when they call me. C’mon man!
I think 1myle will be launching within days.
Need that news on the new products and expansion.
Hopefully today. 1myle was suppose to launch by the eom. If it got delayed at minimal I hope they tweet when they expect it to launch.
I think we may only be days away from a substantial move up. They get that yield sign removed, and drop some PR for the launch of 1myle & I think this could take flight.
Please. MM’s know it’s coming off, n that’s why it’s held above .01 If MM’s thought was sticking they’d have thrown this under the bus and it’d be in trip zeros.
Only lost 50% what it gained yesterday. It will bounce back no worries.
AXXA. Record revenues, low OS. Hovering just above a penny. 200m+ in assets. The filing should be corrected so yield sign should be coming off the otc site tomorrow. Bitcoin is trending up, and this company is suppose to launch its Bitcoin exchange company by the end of the month. Picked up a few in case the launch of their company 1myle send them flying.
I’m sure they will get it handled in a manner which will be acceptable with the SEC. Also as stated By previous poster nothing has been hidden and isn’t changing anything. Not great timing as yield sign does hamper the momentum some I’m sure. But in the grand scheme of things, all should be fine here. This issue doesn’t change the fact that they just reported record revenues. It doesn’t change the recent acquisition of the medical supply company. It won’t at all hamper the launch of 1myle at all. On n on n on. This company is a gold mine when it comes to potential for growth and good news. Yield sign gets removed and they do get 1myle launched before the end of the month easily moving up and holding past .05 imo.
Big things coming here soon imo. Large sales numbers going to continue. Should be getting news on new products and expansion soon go $$NUGS$$
Should be resolved quickly.
Eh. like I say, I will wait to see the amendments before passing any judgement. Could be something extremely frivolous and ultimately irrelevant. Might not do the current momentum this has any justice. But lucky for us holders my guess is there will be more news right around the corner. They get 1myle launched this month this could fly high.
Something tells me the numbers are not going to change. I’ll wait to see the amendments before passing any judgements. The Sec is a fun bunch of people to work with. They will keep you in check if you don’t cross your t’s and dot your i’s.
Already on it check the tweet
$AXXA OTC Markets asked for some minor amendments to the Disclosure document filed for Q2 2021. $AXXA addressed it and we will submit the changes ASAP. $AXXA pic.twitter.com/1LYqP8culQ
— Exxegroup (@exxegroup) November 24, 2020
They get it launched this month like they said on the 6th, it’s going to be huge. Could be looking at .05+ imo
Is there an official date set yet to launch 1myle?
It’s the same they’ve been planning for a while. As a holder be nice for them to get it right and quit reminding us.
Dang they snacking up on all them cheapies right now if they can get em too.
Cannabis Strategic Ventures is happy to bring you some updated photos of our $NUGS farm as we prepare for winter harvest. Many exciting updates on the way. We thank you for all of your constant support as we continue to grow. #farming #cannabis #marijuana #cbd pic.twitter.com/G2MJZnZrdN
— Cannabis Strategic Ventures, Inc. (@NUGS_stock) November 18, 2020
They trying to shake the weak hands and press people to sell. Seems they are not wanting to let go of them cheepies they got if they do not have to. I think they can sense what’s coming too. They want as many cheapies as they can get to be ready for the buying frenzy ahead.
If they are sitting on equity that is valued at a much greater amount than their market cap like they claim and always only adding to that equity, then ultimately the dilution isn’t that big of a concern. I think the bigger concern is the direction in which they are wanting to go. They have made mentions of having an audit done and if completed I do believe it would massively increase the market cap. I think that completing an audit on a holding company like this is more difficult than a standard company as there are a lot more angles to cover. After the idea of the audits though, they made mentions of conducting spinoffs to create more shareholder value. Either idea makes for good excuses to buy and take a chance here. Just playing the chart patterns imo it’s pretty easy to see the time to buy is at these prices.