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Yea, its called massive dilution.
"Make sense" does not mean the financials will good..make sense means the share price accurately reflects the value of the company.I don't see that as a bold statement. I see that as careful wording/preparing the shareholders for a let down. The way of telling us the truth before we find out anyways... IMO
I am going to assume that the financials won't even come out THIS month...There's clearly a reason why they are not out yet. The company doesn't want us to see them. How long could financials take for such a basic company? There is nothing complex about what they do. Most likely the fins are junk, if the fins were good you wouldn't need to promote the stock to raise the PPS. The fins and expansions would take care of the PPS.
As I've said before...not buying one more share of this stock until I see the books. Too much smoke and mirrors, real product or not.
Something fishy is going on with this stock...
Come one everyone lets all buy some "cheapies" as another predictable delay happens./sarcasm
Not buying one more share until i see those #'s. I have a feeling that this share price is right where it should be...
Awesome. I hope they have millions of dollars in sales/profits!
That's the thing that is scaring me the most. My gut is saying they aren't worth 3 million (right now). They diluted the stock to go public (which is a bad sign). Now I feel they're delaying the financials on purpose because everyone has been asking for them. Lots of eyes on it, and if the financials are bad there will be a lot of sell sell selling.
This may be a great stock for the future, but maybe not. Just because you have a 'real product' doesn't mean anything. You need REAL SALES to have a bright future. But as soon as they release the financials everyone will be able to make a better decision on whether to hold this stock long term.
Has Jim and Kenny boy been lying/misleading share holders? We'll see soon enough...
So....you found out something big that will drop Monday....or in a matter of time? Which is it? And you won't say what because your feelings are hurt? You understand people are rude because you bs info....now you have info and won't say? Lol
If you are looking for work you should try Airtrona...you'll fit right in
*facepalm*
Well, if this happens you and MANY others will become millionaires...
Can you please explain 'what you have'.... this should be good for a laugh because no one knows what this stock is yet. Start rationalizing in 3...2...1 go!
I have thought about doing the same. But I am going to ride this thing down to 0.0001 I bought at 0.003 but i don't have that much $ invested. If I was Lane and owned almost 20 mill, I would be more concerned. It all depends on your personal situation.
My suggestion is trust your gut. Nothing that has transpired thus far has given ME confidence in this stock. But if you see something that says, this company has sales, and or will be successful, I suggest staying in. My indicators for a probable pps increase are clearly different from yours. Who knows who will be right. To each their own.
GL
Not sure how old he is, I knew he was young. His age doesn't scare me off, his company's lack of sales might if it turns out they aren't profitable. Age is not a predictor of success. Many older CEO's have failed.
One thing I will give the Ken credit for is that in his email he sent yesterday. He technically told the truth in saying that once the financials are released everything will "make sense". If the stock price is in trip 0's and the financials are garbage....everything DOES make sense. I love the careful wording.
Also, when this stock did hit .07 and .06 back in December, the volume was pretty darn low ...wouldn't be surprised if there was manipulation behind that spike. As i am objective i say I have NO PROOF there was any manipulation. Just a random thought. This stock was below a penny before the spike, goes to .07 and there's not a major sell off?? If your invested under a penny that's AT LEAST 7X profit...Seems odd to me. But again, no proof just a thought.
Do you know this for a fact? Or did ken 'tell you' this?
How am I misleading? Everything is smoke an mirrors. Where are the financials? What is the float? Where have they expanded? What marketing company are they in negotiations with?
All we know is that they have some offices, some trucks and 'real humans' as someone so sarcastically pointed out to me a week ago...
I am invested and haven't sold...I bought at .003 and am not selling at a loss. I am just just trying to caution prospective investors against this stock because I think that this may be one of the greatest (Legal) con jobs i've ever seen. If there is 2 billion in the float this thing will drop to trip zero's in a heart beat IMO. My own fault, but i AM NOT happy with this investment. My gut feeling after all the hocus pocus that is being written on this board is that these guys probably don't even profit a million bucks a year...
CCRY nothing but smoke and mirrors
That's if you believe what ken said. I don't believe his family still owns stock bought at 0.07 and rode it down all the way to .0015. His family would have to be really foolish to do that. On top of the fact that they diluted the stock... There's little chance IMO. IF ANYTHING, (big if) they sold, and bought back in lower. Family or not, i'm not riding a stock down to these levels with my money. No way no how.
Another unconfirm-able tale from ken... surprise, surprise.
Another thing.. We don't know how much they 'invested'...if the bought $500 bucks worth of stock, technically he's not lying...so take what he says with grain of salt. Until he gives you proof/transparency. Something no one from this company has done ...yet.
This would make sense IMO. It seems likely since everyone and their dog own millions of shares of this stock. Little demand too much supply right now. Hence, why pps is heading down...
I agree 100%. So the company has several posters on this board contacting them trying to get any information they can get, and we are naive enough to think that he hasn't checked the share price? AT ALL?
Come on man, mama didn't raise no fool.
I actually meant in the sense that i feel they will justify no/low profits by saying the reason is because they are "expanding" and partnering with a marketing company, and this and that and blah blah blah...
The fact that they gave someone stock to take them public vs just paying them cash is the telling sign for me. Anyhow, I could be wrong and have been wrong before. I guess we'll see.
he said "everything will make sense"... which to me is a very political answer which means not profitable or very little profit. They are also in negotiations with a marketing company which probably means they need more franchisees and sales... Thats what i get from that message. IMO
And lol if you think a person holding 200,000,000+ in company stock doesn't know the current share price...
Not bashing the stock. Profits can still be made at .0025 and .003 levels if this thing is going to .05 or .10 as you stated in your previous post. You don't agree?
Ill Slap the ask...once this thing hits .001 or trip 0's...
Once the float comes out and we see a billion + shares in the float, people will realize that this stock is not seeing pennies for a while.
My advice to new or potential investors reading this. Wait and see. Don't listen to the pumpers and get sucked in. If this thing is going to pennies like everyone claims, you can buy in when it gets to .002 or or 0.0025 and still make good profits. Don't be fooled.
"Grab the cheapies! You wont be able to buy at these levels for long! CCRY to the moon!" - Almost every poster on the board
I really hope that is not the case. Would be disappointing for so many. I also have never bought the whole "shares have to be sold before X date...."
In my experience when too many people see a major pps increase on the horizon, it rarely happens. Because this stock has accumulated so much hype, unless the financials are out of this world, as soon this thing gets to .004, .005 levels everyone will just start selling again and bring it back down.
Anyhow, I want this stock to do well so I hope for the best.
I'm an investor?
You don't like my realist perspective? Fine. I don't like your fantasy land perspective. If you don't like my dose of reality, ignore it. Its a public forum.
And you can insult me all you want, I will not insult you back lol
Sorry guys, I must apologize. I don't know what got into me!
You guys are right. This thing is going to the moooooooon! Im going to retire on this!
Weeeeeeeeeeeeeeeeee!
What makes me change my mind? Just Because!
hahahahaha
Why don't you take about my content vs the # of my posts? Because I'm telling the truth?
What's your due diligence? You have none. You're a pumper. If you have dd let's hear. Every bit off dd you have is unverifiable. That's not dd. Give me one bit of verifiable dd? Just one thing. If your one thing is the ticker change, you're a joke. And I will not sell nor go away. The same way you are pumping, I'm going to be a voice of reason and tell the truth.
I am not trying to negative, just a voice of reason. Nobody has reliable due diligence because we have no financials and no float. I know people have emailed Ceo and vp's but I take what they say with a grain of salt.
They work for the company, what do you expect them to say? Our future is bad and not to buy the stock? They will only say good things to get you to invest. "The future is bright, we're expanding, blah, blah, blah. But they won't show you anything the is verifiable yet... That speaks more to me than anything else...they can say the stock price is going to ten bucks....doesn't make it true. They have no control over stock price.
I just hate pumpers and am trying to be an objective voice for people coming here for research and due diligence. This stock may great and may be a dud. Right now it's a dud, not my opinion, the share price says its a dud. The lack of financials says its a dud. It may go to penny or may not. It's a lotto play.
You my friend have no idea what you are talking about. WAY UNDERVALUED? Based on what? You need financials to know that. The scary thing is that this stock could be overvalued if the stock has been diluted. There are companies that are making millions in profit yearly and STILL under a penny.
Everyone is treating this like a sure thing. Nothing in life is sure thing, let alone stocks. People just need to relax and wait. The more people who come here and pump this up, the worse i feel about this stock.
People think that a ticker change will put this in penny land? I lol at that stuff because that's how people go broke. I feel like this stock has a bunch of suckers/rookies investing in it. And releasing financials does not mean this stock will go up...has anyone thought about what happens if the financials are bad?
Well if this is true, there is no way this stock is getting anywhere CLOSE to a dollar. Even pennies might be a dream for this. Seem as though there has been massive dilution... Guess we'll find out soon enough.