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Slow early on... then 1B+ @ 0.0001 ASK.
Congrats... Now what...
The $30K has nothing to do with CannaCamp. That was for the 3rd B+B property San Ayre.
Don't beat around the bush... tell us how you really feel.
Do you think he would rebuy the shares derived from this note at the deep discount and resell them at a 2X-3X profit. Looking at these volumes it at least appears like there are plenty of buyers out there.
Just a theory. Do you think KW might be buying the shares (from the note) himself with the cash the company may or may not have on hand?
I'm certain I saw 2 X 90M and one 20M at 0.00009 show up on the trades as we closed in on 4pm. I remember because I nearly sh*t myself.
WTF, Dude?
$200M at 0.00009 posted transaction on L2 right before closing.
Yes, there was a missed opportunity here to potentially work back to a dime for shareholders. However, if they really are a debt-free operation I would take that over the hype, and more debt, any day. So often these companies throw out a lot of [shareholder's] money to make big noise only to be forced into additional notes/dilution or even bankruptcy to cover the unmittigated costs. I want to see their financials.
I think getting back to it's "glory days" of $0.10-$0.13 (which is where it was trading steadily just a few months ago) depended on CannaCamp, but the crap price it is at now should not. Even with dilution this should be at a penny minimum.
What happened to the website?
Wow... quad 0s... that's a feat of magic.
Yeah, it's hard to believe I used to own a few % of the A/S, and now %/600.
R/S and then a new batch of targets in a couple months? Seems to have worked before.
Started with 5M preferred and lists 5M preferred still there, so did he create more after conversion or did he just raise the number of shares to start? I imagine he had to raise the number of shares simply because there aren't enough to pay off the note.
Ever get the feeling there are people out there who have a bet to see who can do the most ridiculous sh*t and still get people buy it?
Oh man... this thing really is dead.
In reality they could not have gotten that much money out of me without delivering anything. I can't believe he did allow them that much... too crazy.
My biggest beef now is that it appears only insiders are able to buy this at the premium price of 0.0001. I'll be damned if I buy anything that costs more than that... knowing full well the guy I buy it from is an insider that just paid 0.0001 for it. I expect to see BKRT and CDEL shaking hands tomorrow, as well.
Wait... is Medican Nations done with?
No, I don't think he does. I don't think PPS is a concern at the moment.
Like many of us longs he bought in around $0.02, so holding is not a big deal or a hard choice.
Agreed. Hydroponic systems indoors. Faster/better/cleaner gross.
Clockwork every time BKRT gets to the top of the ASK, same thing. BKRT sits with 10000 at 0.0001, CDEL has a supply of 10M at 0.0002 that suddenly replenishes when it runs out. It appears that someone inside is doubling their money today.
Sorry, BKRT
In my opinion, an insider that is going to buy all the shares available at 0.0001... get suckers like us to buy from them at 0.0002+. PR and dump. Back down to crap... starts all over again. Classic.
Look at BMKT sitting there with 10K ask at 0.0001. I bet there's a few billion behind that 10K. Do you think they'd let any of us have shares at 0.0001... how far down is your order on the L2?
I'm not emotional... I'm just not stupid. I see a pattern here. I'd rather hear nothing than this...
They aren't closing on anything... this is the same line they've been giving for months... They "plan" to buy a building ... whatever... I'll believe it if it ever closes... I'm done with this stock until they show some sign of legitimacy... You wanted more shares? You can buy mine.
The news is crap! Again, nothing has been accomplished.
You might be able to fill 0.0002 tomorrow, if not 0.0001.
Bils of stocks => Bils of shares, rather
Note is paid or Bils of stocks at 0.00015 max tomorrow. Last minute buy got us back to 0.0003.
I think I bunch of people bought at 2 and are now trying to sell at 3 along with a bunch of others who are just bailing out.
Seems like this stock is dead.
What are you talking about? You keep saying the CEO died... where are you coming up with this?
We'll see. A lot of 2s sold today.
I don't think there will be any answers until after this dilution and the note is paid off. You're wasting your breath/typing trying to get any info. Make your move based on what you already know.
I have come up with two plausible scenarios for what is going on, from the demise of this stock to something quite positive. Regardless, in both of my scenarios the PPS is/must go sub 0.0001.
10B - already sold....
Poison Pill - A strategy, or strategies, to make the company/stock look less attractive as a target for hostile takeover that usually involves dilution in one manner or another whereas investors get their hands on a large number of stocks at a discount price.
I suppose a CEO would then need to provide a manner to maintain control, such as preferred stocks with ridiculous voting power. That fits what we're seeing, but why would anyone try to take over a company that does not appear to have much of anything... I would bet against the poison pill theory as applicable. Considerable valuable assets/resources are a prerequisite. These are my own thoughts and opinions. Although a weak company might possibly be taken over with a very small amount of cash, such that minimal assets might make it worthwhile. On another note - an ingenious scammer would try to make it seem like their company is doing this for the good of the shareholder. Someone posted #34379 a link to a page that tries to explain why they think this stock is pure scam.
Regardless, on the surface it is what it is... Massive dilution... Massive price crash... In the end it's either gamble or don't. My opinion, especially after reading what was posted on stockmarketscam.org, is that right now the bidders are choosing the pps. ASK will entice for a bit, but BID will eventually get their price until this bottoms out (a time when all shares are sold)... and we all know what's coming due next week. If KW wants me to have cheap shares then my price is 0.0001>?>0.00005. But what do I know... nada.
Hey Bud - I like to hold it too, but I don't announce it to everyone....
The good news is that I just got back from Belize and saw all the good my money has done down there... ;-P