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Thanks ya maybe will give it some time see if some consolidation takes place GLTY??
Lol your probbly right ill gamble at that level though if they survive toxic dept could be big play they have some good things happening if they make it
Im thinking .0008 good entry point
Sounds good maybe EOD news.
Is that for the BETS ticker or the BETSD,someone is selling and its not retail it takes weeks to receive shares
LOL yes is painful lesson but very valuable as well , once learned it can make you $
Looks like the fluff news hasn't stopped the bleeding,so solid news of production will be only way for this to reverse, the good news is we can jump in at a very good entry or great average down PPS
PPS has crossed the SMA on the monthly chart may see .16 today
IC ya also they can supply any agracultual needs not just MJ , it will be a huge success IMO just a matter of time now.
Thanks,i was fortunate to get in at these levels was able to average down from .20 to .14 the monthly chart is looking good for strong reversal so ya good time for entry as well IMO
Good posts pepsie and spark,thanks for reminding me of why i'm invested here,another important thing here is the feds can't affect this company because they don't deal with the main product MJ they only supply the means for production that is the icing on the cake IMO
My biggest concern right now is bankruptcy, if we can avoid that we are still in the game,then it's just a matter of time for the PPS to reflect true value of what's left of the company,This tax thing is orqestrated IMO Dan would know the tax situation ,so I can only think there is some kind of business advantage here to let that take place, if i'm wrong on that,things will be very bad.
Yes has been looking that way lately
This should keep dropping until they show they are actually producing
Yes may get some fluff news now.
Can average down and if company has a reason or tactic we dont know about for how this was handled , it could be good possibly i know thats a long shot right now, but is all we can hope for now .
Ya i never thought of the extension possibility was thinking some kind of news on 20th or this week leading up to 20th thanks
Will be an interesting week here,feast or famine we should know this week IMO
I think this company has lots of potential if they get toxic debt under control, determining the bottom will be the tricky part.
Hi spark, can you tell me what overhang is thanks im in learning stage also in this stock
They owe 3mill in taxes in the UK right now they are working on it
The opportunity cost for all of us: I see 2 different views with this statement 1 We are all finished hope wise 2 Hang in through this bad period and will be rewarded I still can't decide on my direction here,if PPS hits .01 I think i'll gamble on #2
After reading Dan's response,he was counting on a better PPS reflecting his hard work to help with financing and cash flow,when that didn't happen due to poor PR IMO,it opened the door for trouble he could not fix without strong's help .
Ya vip will continue to opporate normally but not for us for whoever ends up buying it, our only hope now i think is to start an action to check into things before it takes place, call to sec would start the process at least it would force the sec to look into it IMO
Reading between the lines i now know for sure this is a setup to accuire vip on the cheap, when they have a legal set statement like that one i just read, they are afraid to say something wrong for a reason, and thanks for posting this statement Mikal
I agree gramps what go's around comes around eventually,what i'm trying to figure out is weather to buy to average down with the possibility of the situation getting solved without sale,with no word from CEO it's tough to make a decision on this feasscal
Yes its just to much to believe they are that incompetent they cant keep track of their taxes plus dumb enough to sell vip instead of selling the otheres fin vapestick should be very easy to prove they have a hidden ajenda
I'm starting to think that this 3mill tax problem is intentionally setup to give them an excuse to sell vip, and there's been a backdoor deal setup to buy it on the cheap,I just can't see professional CEO and CFO not knowing their financial situation with the taxes at VIP. 3 mill is nothing compared to keeping a good business with bright future going and if they need to sell anything they should be selling everything but VIP. It's going be be very interesting to hear their story.
It would be about the worst possible thing a CEO and CFO can make a mistake on is not looking after the tax man,so I just can't see it, unless they have a tax plan or advantage to let this take place.Hopefully they can claim against the huge loses they had in 2015 i'm not a tax specialist but I think it's retroactive for a 3 year period
Yes that's who made the most money , GROS is using same business model IMO
I like their approach to the MJ imergeing market, it's like the gold rush, make money from selling picks and shoves
This is a category ECIG should get into as well IMO
Yes plenty to think about here,Strong being so deep into this company tells me he's confident and secure in his investing here,will the commons benefit as well is the gamble
I agree very poor promo,almost seems they want to keep PPS depressed for some reason,i'm hopeing it gets back to .05 then i'm buying big time a big gamble I know but I believe in the product
They have the best in vaping product now, so should see a big improvement in sales this year, if not that would tell me the market is not there to sell to IMO!
3rd delay on release tells me the gigs up something very wrong here,stay away from this stock IMO
I honestly have not got into the company that deep as far as DD,and hope for your sake your right,In my experience there is one reason only for a RS is so note holders can get paid to avoid bankruptcy by converting and diluting,not many companies survive a situation like this, I can only see things get better if they bring in good profits enough to pay debt and keep company with good cash flow or note holders hold of converting because they believe in the company, we will see , best of luck to ya!
Well explained,the only possibility of pre RS commons to retain current value would be lenders of toxic notes agree to not convert until bets can pay them without converting,thats a very low possibility and even if they would it would take atleast a year to pay off if bets doing very well so I just can't see them waiting that long for their money IMO. I must say it's very good of you trying to help bets share holders make a good decision GLTA!
Thanks U2
This could be good investment it has potential but can get better entry after RS IMO