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I may not understand what this means. Sorry. But either way I wish you the best of luck here.
I wish you were and I truly hope you get your money back or either profit. However, I seriously would take a look at the post over the years I have with this company. Federal problems with one insider, scam offices set up in Indianapolis, etc, etc. This company has never shown you the investor that it is on the up and up. You can change the name all you want but one thing I know for sure is that there are some serious stockholders that have been here for a long long time. Call it hemp drinks, trucking companies, or whatever it was before that (I cant remember), but this has the same players with the stock no matter what gets put out.
I have no doubt in my mind that the big dumps are coming from long time big stock holders that are pulling their money out of this thing.
I really would like to know if anyone who is invested here believes for one second that this company has any money sitting in the bank to pay for any of this stuff they are claiming to do? I mean really. What proof have they given you that there is even $10k in operating capital?
I am at the very least hopeful that everyone agrees on that being the case. So how do they pay for things? Anyone want to explain that one to me in any other way besides issuing shares or converting them? Toxic loans? I mean how? And for this "distribution center" that looks so nice they supposedly rent, how is that paid for? Does anyone actually believe they are the sole tenants? Of course they aren't. It's probably no different than a storage building complex that rents out 8x8 sections for warehousing. This company couldn't afford one month of rent in that huge complex.
It's all a smoke screen plain and simple. I just hope everyone invested here can at least get out with some form of their money back without too much pain. And of course I hope you all can make profits when the PPS allows you. However, my real hope is that everyone here stops looking at this as a long term investment because that it will never be and this game will eventually change to a new game.
And trust me I know about this POS. Look at my post history. Been here since 2012 with this company. 4 years, 3 ticker changes, and I have no idea how many R/S or share changes.
No one has watched this thing more on an L2 than I have. No one. This is not an investment by any means and I highly suggest cutting your losses now and just using this for what it is. A one day flip.
This is one where I suggest you get out now and take the hit. But you can turn around and treat this for what it is. A true flip play. Take a step back and just think this through. Do you really think anything other than dilution would be selling 5.7 million shares at .0027 at one time? Who bought so low they can afford to do that? The answer is no one. This is either shares being converted or new shares being dumped. There is no other answer. So play it the same way the diluter is playing it. They let the bids bring the levels back up a bit and then dump down to the mid to low .002's. So play it with them. No matter what, I do suggest everyone stops looking at this as a legitimate company because it is not. That is crystal clear.
Distribution in India? Really? Does anyone actually believe they have enough capital on hand to even ship a letter to India much less a container full of goods? Anyone ever been told how they paid SIPP? Anyone ever seen the product truly sold anywhere other than amazon or their website? Maybe a couple of gas stations in Florida. And that is a maybe.
If you just take your shares off the ask and let the bid build you can easily sell at .0005 in a few minutes. Just don't stack the ask.
I will say this. Anyone buying at these levels will be fine. You will see .005 again easily. It has happened over and over and over. No one has watched this stock as long as I have. It is a safe play at these levels
Thank you $KGKG for the sweet flip. Was lucky enough to get 650k at .0022 yesterday and now out at .0031.... Back on the bid at .0022 if we see another dump. This stock is only good for flipping. Been in here for over 4 years now hoping for real business model to appear but now just use it for quick gains. Thanks KONA! GLTA GO $KGKG
Gotta buy that .0031 to play here. Not many left
Amazingly this will finish green with any form of buying
All these last few trades are is the person who bought the .0022's flipping. Same MM (Etrade). Guy gets rid of his shares and this has no reason not to go back to mid .003's
TD Ameritrade sucks. They always have restrictions like that
I will say this. I believe Cheds is a legit person to listen to. I follow him on twitter and I think he does his research so if he says BUY, I would BUY!
Hope your right Cheds! I am in the corner of anyone making money besides the MM's
I just came to check in. Looks like KGKG is still doing the same old things. Hope everyone can stay afloat here. Looks like same old same old with dilution. GLTA $KGKG
I really don't see any reason for this not to be sitting at .25. I really think panic hit yesterday and now the market is resetting. Yes alot of people lost money yesterday but this seems like a good play at this point
Looks like the beginning of my gravy train! T-trades keep on coming taking that PPS higher and higher!
How do you read this?
So you are saying according to the company the stock is trading at half it's value?
Well I am in now. Love all of the fear dumps. Looks like when this settles back in at around .20 I will be doing fine. Always a recovery after a huge dump like this. People are crazy that are selling right now
Can someone give me an idea of what has happened here?
I could puke right now. Three days ago I was on the bid at .0016 and didn't get filled and refused to buy at .002. Congrats to everyone in at those levels. I missed a huge payday
So do I understand this right.... They are about to do an R/S and then increase the shares back up to 2,000,000?
So you want to sound credible by saying it is going to no bid? I mean really?
No bid? Who would really take this seriously? Because of what? An increase in share count that isn't on the market? Get real.
They are tweeting about the shares
If you notice, bmak moves everytime they get slapped. They will go away with any real buying.
I would say this mentality is panic and makes for the worst kind of trader. A savvy investor should see this as a money making opportunity. Let's say they all do start selling. Why wouldn't you buy into that and let it recover?
Here is my take:
1. These aren't out in the market yet I can't imagine so the float is the same
2. The company isn't exactly being honest with it's investors. They certainly picked Sept. 16th for a good reason. They need to release something saying what the O/S and float are as of today
3. The company has huge profitability possiblities and these shares shouldn't scare anyone off
There is no doubt this could run to .02 in a day if there is support behind us. 8 million shares is nothing in the right hands. I can assure you my 400k aren't going anywhere until at least .015 so you guys have 7.6 mil to play with
We need bid support tomorrow though
#2 on the Breakout Boards! Let's keep this momo going tomorrow. Should see .01 if we get bid support!
I have to admit seeing BMAK back does bother me a bit.
Man I wish this would go on PROMO tomorrow.
These bids have to come up. I mean honestly who is going to sell down there? Most people would be losing money. It's going to take ask slapping to get shares with this low of a float IMO
Well I can for sure tell you that over 400k of that float is owned by me and won't be going anywhere until this sees .015
How in the world is this still sitting here at these levels? I am honestly floored. We are talking about a straight up ticking time bomb I would think.
COMPANY JUST ANNOUNCED SHARE STRUCTURE ON TWITTER AS OF SEPT 16th!
TOTAL ISSUED AND OUTSTANDING IS 28,358,704
RESTRICTED APPROX 20 MIL!
LOL at these bids. Who the heck would sell down there
I just slapped at .0026
Well here it goes. It's starting. This will be over .005 in the next hour is my guess