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Check my $SITS update post just below this- we've been in a lot of winners together through the years...low floater, 23m!
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$SITS news, acquisition! Non-dilutive preferred issuance, shares restricted until August 2022! 23m float (still)!
https://backend.otcmarkets.com/otcapi/company/financial-report/291112/content
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What are your thoughts on the update and acquisition? I love that it's restricted non-dilutive preferreds, nonconvertible until August 2022!
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SITS twitter account mentioned in filing, keep eyes peeled for updates! twitter.com/sits_inc
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Filing: Acquisition of 30% share of Atacama Minerals in exchange for restricted preferred share issuance, non-dilutive until August 2022:
https://backend.otcmarkets.com/otcapi/company/financial-report/291112/content
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Added more today. Glad I wasn't wrong about us seeing these levels one more time.
Always gotta keep some powder around for when it goes lower than you thought it would.
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Agreed. The ss here could make this a powerhouse if/when the right eyes find it. An update would be very helpful.
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It was a big deal 3 months ago, and it's an unknown deal 6-18 months from now. Why is it a big deal right now except for scaring up cheapies?
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It'll be interesting to see if uplisting is worthwhile when the OTC reorganizes. I have a hunch that once all the delinquents get cleaned up and sent to the expert market that the OTC will become better esteemed by institutions and larger investors.
While I'm not ready to say that uplisting is not relevant (it is, as can be seen in $AEYE and $SUNW, two former OTCs that successfully RS'd to uplist), it may not be as relevant by 2022.
Personally, I wouldn't feel comfortable continuing to belabor the point about the RS. I would feel I was being manipulative. It wouldn't be as big of a deal if it wasn't constantly being harped on, and I think it's in bad taste to try to scare other people out of a stock I actually like. But that's all part of the game, I suppose.
Good luck loading everyone; I hope we can all at least agree that a good Q2 would be a nice thing to see.
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Added today. Stairstepping up on higher lows daily.
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Whelp, this is turning to hot garbage in a hurry. Blasting through support levels like they don't exist as the monthly macd turns bearish in the meantime.
This thing has traded too thick for its apparent ss the entire time I've watched it. 4.4m in dilution at the last update, half of which is unrestricted. Only reason the dilute this premium ss is for insider enrichment at the expense of shareholders- they're supposedly making money hand over fist by providing financial services for other companies, yet they are still diluting to pay themselves out instead of cashing in free commons from other tickers.
Starting to look like wasted potential, which is a shame.
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People selling at these levels are crazy.
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Cut all sugars possible from your diet. Malignant cells produce their energy via fermentation, which requires a great deal of glucose to occur readily. Fermentation is roughly four times less efficient than glucose oxidation (the way our body produces our energy), so reducing carb/sugar intake starves the cancer of energy, stalling its growth and allowing your body to outperform and hopefully defeat it.
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No lie, I wish I looked that good. You could put cowboy hats on all my knees and elbows and I'd still be in.
I've got a photo or ten from back in the day that'd provoke belly laughs, but I'd also go back and do it all again in a second. Not sure what's wrong with backwoods Arkansas either, to be honest. Don't knock it til you try it!
It's easy enough for a keyboard warrior like me to lob judgments, but we're also stopped when the batteries run low. Danny hasn't stopped for anything. He's been at this longer than I've been at most things in my life, and he has grown every bit as much in these pursuits as I have in my piano (one of the few things) over the same number of years. And his growth will doubtlessly prove more lucrative than twelve years of piano...for all of us!
And I, for one, think that's pretty cool. I can't believe managed to stumble so long ago into such a wonderful, honest budding success story. And I hope it earns me a thousand more silly, photo-worthy experiences I'll laugh at one day.
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It may be an attempt to provoke Danny into doing another negative PR so he can load up cheap.
It ain't gonna happen. I will absolutely gut the portfolio anyone who thinks they can use their midget-sized stack to take this down.
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Congrats to whoever scored 64s today. My partial fill didn't complete =\
That weekly double bottom forming was key before the move up that could start as early as thursday.
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CSTI flipper tried to block .0135 and just got took out.
Very foolish gambit. Any casual glance at the 3-year monthly chart shows what's about to happen here. Over the moon to have gotten to add here today below .013.
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Nabbed some 64s this morning. Always stacking.
Anyone who reaches the coveted 10m threshold can PM me at anytime to be added to the growing yacht party invite list for when this boat floats us into early retirement.
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This has required more patience than expected, but the float lock is evident and the hints are everywhere that major material events are soon to unfold here. I'm somewhat surprised they came current without imminent next steps, but the difference between unrestricted os and "held at dtc" numbers suggest that a significant amount of the loading may have been insiders scooping up unrestricted commons.
Coupling that with the recent preferred share class creation, it seems obvious that an acquisition or r/m is budding here. I know there are more eyes on this than have made their presence known, so I expect some dramatics to occur here at any time.
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Glad to see you here, Cappy! Patience pays. Wishing best fortunes in all our plays!
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Took a starter, liking these levels.
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I was seconds too slow.
Oops. Congrats to today's scoopers!
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They (420 Property LLC) claim no affiliation, and that they simply purchased the domain. This is made somewhat confusing thanks to the fact that the company description within the $FTPM otcmarkets page still lists the company as 420 Property Management LLC. This appears to be simply coincidental, as references to the same can be found in archives of the 420prop website dating back as far as 2018.
I believe this activity is unrelated, except insofar as the entity soon to take over this shell will no longer need the 420prop.com domain. Just my opinion, of course.
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Don't buy, then!
;)
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Linkedin post 2 days ago: "Stay tuned for Hollyweeds’ new Name, Board and amazing mission. It’s been a helluva ride so far, and we haven’t begun to pump oil as it were. Just watch." ~Renee Gagnon
Hollyweednorth.com site is under construction. The post above by Renee came the day after 420prop.com was sold to 420property.com
Jamie Payton, "interim CEO" here is located in BC, same as Renee Gagnon. Payton told my buddy today that a "Renee" talked him into stepping down last year. Renee Gagnon has a history of reverse takeovers and announced "Stay tuned" 2 days ago, the day after 420prop.com was sold.
Until just 2 months ago, things had been quiet for Renee. Then this profile article, which concludes with:
"Let investors put the dollars behind you. People are doing that now....This is one of the best times I've ever seen in my life to make [entrepreurial] dreams come true..." https://www.advocate.com/exclusives/2021/4/08/pioneering-trans-ceo-renee-gagnon-taking-cannabis-new-heights
Is this just coincidence? It's all unconfirmed, but this clean shell is right, in structure, in name, in everything. And the "interim CEO" told us he'd stepped down and to contact a "Renee" for more corporate information...
Jmo, but this might be a *massive* r/m in progress.
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I just heard a rumor from a buddy of mine who contacted the old CEO Jamie Payton (located in BC, Canada) that the name Renee came up in the conversation. Payton reportedly said that Renee talked him into "giving up his CEO-ship" about a year ago.
Here is Renee Gagnon (also located in BC, Canada), the 4th person to get a MMJ cannabis license in Canada, talking about reverse takeovers to take cannabis companies public (1:41). Could this be what's happening here?
They did. Confirmed via 420property.com contact- they claim no affiliation at this time.
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Volume continues. Is something going on here??
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Wow! Very impressive- A Bravada International site/link holding 7 out of the 8 front-page results on page 1.
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a/s increase created 100m preferred shares. what for, besides acquisition?
fortunes will be made. tick tock.
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Volume today was interesting.
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Jellybeans playing tiddlywinks with their tiny holdings. It's all some can do when they can't get enough shares for a significant long position.
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Today's AM 1m market seller got his shares taken. Wouldn't want to be that guy.
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