Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So obviously it’s been a minute since I’ve had to deal with one :)
I don’t blame people for giving up on them. At one point I had millions of shares here. I would have held longer as I didn’t mind losing the investment as it was a complete gamble to me. But the $20 reorganization fees etrade charges me every time they did a RS eventually became worth more than my position. Couldn’t see Continuing to payi $20 each time to reorganize the position that shrank to like $10.
I held threw 3 RS. Eventually had to pay to get rid of what shares I did have. All the RS were killing me on reorganization fees. And this guy don’t know how to operate a company any other way.
This never gets old to me.
100% fo sho. Guy is a true piece of work fr. He seems to have mastered the way of the RS and insuring he continues to make his annual salary at the expense of his investors. He’ll smile and put out those pr’s like he can make a change. But always the same ole story with this one. Dilute til AS reached, wash with a RS then start over. One of the worst CEO’s ever.
I wouldn't call climbing .04 in the last 30 days going down.
0. NOUV shareholders will get nothing from PAOG.
Can anyone explain this better to me? Why would anyone buy into the offering when the offering is 3x the current pps? Why pay .03 a share when you can get them for less than .01? Someone would have to be a certain kind of special to want to make that move? Not familiar with these forms of offerings. Surly I’m missing something with how that all works? And how long they been promising them audits are coming? I’ve thought about soaking up a small position and see what happens. What are holders expecting the run will be if they do get the audit completed and released?
Just was giving my outlook on the current situation with this. I’ve had my L’s in the game. But PURA has never been one of those L’s for me. I’ve never owned shares in it and have only scouted it a couple times. The news of the PAOG deal brought me back to scout again. If anything I am probably the .0000001% of investors you speak of that made money off PURA. I owned their parent company USMJ, and I sold off on that for a 75% gain when everyone was buying it to get the PURA Spinoff divy. .
And don’t misconstrue my statement regarding waiting. I prob will hold strong through the next few waves of news as I think there’s really good things going on here. I’m holding out for 1000% +. I don’t mind losing my gamble if I’m wrong and it don’t hit. But Imo they continue with those sells and do get that extra 300k sqft. to double their current production, then I don’t think 1000% from where it currently is sitting would be extremely unreasonable.
Ameritrade probably is showing it as a down day based off the last trade of the day. It looks like it went through just after the bell rang for closing. Shows it as 100k shares at like.1025. I wouldn’t worry too much about it showing down for you. Probably MM’s trying to keep the price low until more news breaks. Might bring open down a hair. The fact that daily it continues to test the upper level resistance Instead of the lower support levels is good tho. The sells are currently outweighing the buys. Majority of that is probably from people who bought at .08 or less and taking what they can instead of holding for the next wave of news. But the market sales are being soaked up quick enough to keep this moving north slowly at the moment. If you do a google search for should I buy or sell this stock. Most analysis at the moment from what I have read are still saying this is a buy at these prices. I jumped in at .113 If stays cheap I’m loading up more when I get paid. I don’t mind waiting for that news as financials not extremely far out.
You will not be giving up any shares of PURA. You will get 1 share of PAOG for every share of PURA You own. That is assuming the deal goes through and isn’t pulled back on like the NOUV deal. All you can do on that is wait for the news of that deal and a release of a DOR n see. My point is; even if the deal goes through, the shares you are going to be getting, are going to be a fraction of their current price and merely chip change compared to what a person will spend to get them. And how much loss are investors going to take on PURA holding out for the news of the completion of that deal? Better hope one of those companies is involved in the cure for COVID if you’re really expecting to make much of anything on all this.
That surly is the elephant in the room that no one seems to be noticing.
Imo the only ones going to make anything off all this will be the MM’s on the short side. Once the deals get done with PURA and KALI investors will leave those 2 companies in droves as there’s nothing else really going on, and their pricing declining to reflect such. Oh and PAOG, many investors will off that as soon as they get it. That will create a field day for those MM to grab control and manipulate this in whatever way they want. MM’s make a ton shorting worthless stuff.
1 for 1 divy For PURA alone is going to create over 700 + million new shares. Look at PURA’s OS. Where do you think those divy shares are going to come from? They can’t add 700+ million new divy shares and keep their own OS at a little over 800mil. Those divvy shares won’t be pulled from the existing float, and will have to come from somewhere? I haven’t heard what the ratio on the divy for KALI will be. But KALI itself has 1.5 billion shares so even if they do a 1000-1 there, your still talking millions more of new shares. If they do the same 1-1 deal instead of a billion new shares your now talking 2 billion. Once these divy’s get done, the only way PAOG price will get raised is by doing a massive RS. This deal imo is to drum up something to talk about and try to draw new bait into the trap. Even if they give a date of record for the spinoff, it’s not enough cheese to get me to bite yet.
Today was a very good day. Mostly sideways from what most people will see. But I show the first low support level being between .103 and .104 the fact it didn’t get tested much is a good sign.
Looks like what you are saying in short, is the SEC will allow it as they are a non reporting company? Even if that’s so, what will shareholders really be getting? Sure today PAOG pps is .0019. But my guess is they are not going to be able to maintain Anything close to that price when they add a billion+ more shares to the 800mil OS that their already working with. And that stop sign not going to go away on its own. So shareholders going to get worthless shares that still have a stop sign attached to them?
I think you are right there. I’m hoping for no new news for a couple paychecks to dive deeper.
That would all work out perfectly & exactly as you say, if you were to get the shares today. PURA OS 716mil. You’re kidding yourself if you think they are going to do a 1 for 1 Divy along with a 2nd spin-off for KALI, and add all that OS to their current OS of 800+ mil and can maintain their current price per share. PAOG going to be @ .0001 before anyone at PURA can trade it. That’s if they ever even can trade it. I wouldn’t be surprised to see this deal fail exactly like the last. I might be wrong but seems like a ton of talk to me. Will the SEC even allow them to do a spin-off with them not being current and a stop sign associated with them?
That’s the only way to go about it when your product never turns a profit. I wouldn’t wanna touch this.
You’re never going to get those NOUV shares. That deal bellied up and is being unwinded. Once the deal is finalized with PAOG, the companies should issue a date of record. But... I can’t imagine the SEC is going to allow PAOG to perform a spinoff when they are not current. Also they are suppose to be doing a spinoff for KALI which otc has labeled a caveat emperor. Even if you do get shares of PAOG with the dilution that will be coming from adding all the free shares they are going to be giving away, the shares You’re going to getting are going to be worthless anyway.
Interesting reads
https://stockinvest.us/technical-analysis/NUGS
https://www.barchart.com/stocks/quotes/NUGS/opinion
Looks like there is a lot of strength. Lower support levels may get tested with no news. If so I’ll load up more. But with the potential to run high, it might be another good week of gains.
Imo the Float here is to low to suffer a “bubble burst or pop” for no reason. With the level of support they have on the low float my guess is the pps will continue to reflect the last wave of good news. May be a minimal dip from no news and the market settling off the last wave of good news, but that’s natural not a bubble bursting. Imo with the low float it’s going to get harder for MM’s to short this as more people begin bagging and holding for the next wave of good news. This easily goes to .15-.20 with that next wave so even new baggies at .11 going to make close to 50% and again imo more if they hold out for the wave after that.
I’m a new Baggie. No worries here. I’ll continue to double down on the dips as IMO they are way undervalued. Might go back to .08 before we get news and another pop. But that just gives this small timer a chance to soak up more shares. My level of concern won’t even be triggered by a decline back to .08. Anything below .15 right now is a steal. And imo going to be massive support pushing against anything lower than .10. We get the right news here this will be back to dollars.
So a PR for a PR? They sound as confused as everyone else. Most businesses trying to exit an industry don’t seek partners to finance patents in the industry. Also otc shows a stop sign on PAOG. So a company that cant keep its financials and records straight with the SEC is suppose to execute a double spinoff? KALY’s future business model must be in movie production. The crazy story of all this might be better than any assets they currently have.
https://www.prnewswire.com/news-releases/puration-inc-announces-1-5-nouveau-stock-dividend-declaration-892393373.html
I’m neutral on this just scoping it all out. I wouldn’t buy until they give more substance. Seems from the article I mention above the NOUV deal was all But complete too with a date of record suppose to follow within 30 days? From what I gathered no one ever got NOUV shares so there was no date of record ever given? How long after they told everyone they were going to give a date of record for the spinoff before they let everyone know that deal would be unwinded? All I’m saying is I wouldn’t hold my breath waiting on what they say is going to happen to happen.
From what I am understanding, ultimately it is suppose to give KALY shareholders shares of PAOG, and gives them an out of the Cannabis industry to pursue their magic mystery machine business model that they’ve yet to unveil. Not sure how all this plays out. Seems PURA shareholders are expecting a PAOG dividend as well? PAOG pps not doing so hot on its own, and has a float of over 650mil With A/S at 1.5 billion. Can’t imagine flooding the market with all these dividend shares of it is going to be creating a more favorable share structure for it. They going to have to RS as soon as they give the dividends to avoid an endless road in the triple zips. OTC site will tell you KALY is a caveat emptor, and PAOG has a stop sign. IMO at the moment neither worth buying into.
Judging from the way the NOUV deal was handled... I wouldn’t waste any money on any of this stuff until there’s more substance to the meal they’re trying to feed you. Probably a ton of baggies caught deep still waiting on those NOUV shares. I am currently interested enough to watch this carnival. As far as buying any tickets to ride eh I’m holding.
Not that hard to believe when you’re only plan of action is to continue to accumulate shareholder deficit; take out convertible notes to insure you’re salary, and never produce a profit. Any baggie holding this is a sucker.
What a cluster of a mess. PAOG, KALY, NOUV, PURA. They tossing PR’s and ticker symbols around like a science experiment. There might be something here. But good luck finding it. I’m scouting this all as it unfolds. But neutral on it all and wouldn’t wanna bet the house on anything touching any of this mess at the moment.
300% conservatively I said. I would not be surprised to see 800%, or more depending on what happens in the next few months. Seems most of the OS is wrapped up. Last reports on the float I can find was Nov 2019? Then it was just over 57mil. Definitely tons of potential here. The financials will be big as it may provide more insight Into some things. And with the increase in sales, the stockholder deficit should either decrease or they should have more news on new spending.
Soon as they PR the July sales, this is gonna blow up. This is a goldmine at these prices. They make any progress on that LOI 300% from here I feel is conservative.
Right. No one should want this. Only place its running is back to another R/S. Company has 1 employee who’s never made the company a profit ever. Also the guy has no intentions to ever do so. The guy always takes out convertible notes to pay his own salary, then doesn’t pay them back which in turn continues racking up shareholder deficit. Company is a joke. I can’t believe anyone who does their DD on this one would really believe they getting 3-5x back. GL with that.
OS roughly 270 mil. AS 988 mil. Seen on some boards there's people who believe this could go over $2pps. IMO right now no news is good news. Will give me time to soak up a larger position before it pops.
I just took a small position in this. They keep pushing out the sales #'s this could go through the roof.
Surly seems as such. Last I heard they were submitting S1 and registration statements at the end of 2019. Etrade shows cusip# and my shares. Im surprised the pps here is hanging as high as it is with the news they've given lately. Or the lack there of.
I certainly don't understand the volume on this. Every-time I've ever looked at this, always RS or going down. Only thing ever getting paid from this stock is the Bums salary.
Anything in this price range doing any spinoffs anytime soon? Any DOR out for any good spinoffs?
Right. I remember a few years back he gave off PR's as if he may enter the cannabis industry. Anything to draw up sales for his worthless shares. I cut my losses long ago on this. Just come back every now and again to continue to watch it fail. I cant believe the SEC hasn't delisted him and put an end to his shananigans.
Just a matter of time before that next 10000/1 RS. Gotta raise the AS get more OS out there in the -.01 penny zone first. Bleed this back to .0001 n Wala here we go again ??