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Exactly. His follow through is an otc rarity. He missed the waters by a few weeks & everyone was freaking out yelling scam. Boom, waters were out (I believe no fault of his own but the bottler). People screaming scam on Vate shares then boom, Vate releases new Pr confirming the shares. People screaming uplist is a fairytale of both sister company & kgkg and boom the sister company uplisted with him updating us on our status. RC has followed through more consistently than any other otc ceo I’ve followed. I have no reason not to trust him to this point. Some people are still holding onto promises made a year ago in other pink sheet stocks. We have a dedicated CEO here and a healthy balance sheet. That will take us halfway to the promised land just in itself.
Cheapies will be coming around 00’s when convertible debt hits. It won’t be pretty.
Those are shares they own of another company. It’s called an asset. You’d know if Hiph had any.
This is terrible news for any long term investors. Acquisition was completed using shares. So once the 1 million in convertible debt is converted this year another million will hit next year. Look at the list of preferred shareholders try released yesterday. This company hands out shares like Halloween candy.
Any idea how much of this debt has been converted yet? I guess we’ll only know when fins hit how much is left?
To much pump. Hiph Clearly heading to 4’s once investors looked at competitors balance sheets.
Wow, sinking ship here today. MMS will be selling again tomorrow as well. Almost as if investors new to the sector realize there’s healthier balance sheets out there.
Probably be a wise call to hedge your bets here. Selling half your stack now could add 20% more when it hits 4 cents.
Good call Luho. Now we just have to wait for debt to be converted for the real discounts to come
Where do you get your numbers from MM’s? All I’ve seen was selling not accumulating
Sector looks green yet this is going down. Another good sign we haven’t reached bottom yet.
Back up? This busted the floor. Bids at 4 gonna be filling by Friday.
HIPH might finish above PURA today. Just a race to see who finds a bottom first.
So if the convertible debt is getting converted. What’s it’s purpose?
Proved? Was there a statement or PR issued or some internet chat with his name on it?
Agreed, very cautious here. Maybe short term chart play coming though.
Massive buying on double digit red day? Sorry, once my bid at 4 fills I might hold more positive outlooks but this is about to be a dip & rips dream. 04 coming unless convertible debt starts getting cashed in. I’ll be watching l2 closely for that
No, no it doesn’t. If you were better at charts you’d of been in this one sooner.
You must not be in the cbd/hemp sector.
Great tweet out today with over 100 cases in just two locations. Not only was kgkg offering the first cbd water on the market but we have since opened distribution deals with distributors in over 1500 locations! Not including online sales that have rose over 300%, THREE New flavors due out this quarter, uplist news, farm bill passage, no debt, not to mention that over 75-80% of the float has been traded at this level or higher.... God there’s just so much here. The future is bright boys!!!
Staying green in red sector on NO NEWS. Showing bullish Strength here with no debt & products being placed on more shelf’s as we speak
Yeah, I guess zero is even worse with all that debt, eh?
Sad, red day so far on big news while competitors are green on no news. Debt & dilution have investors cautious here.
With current revs & debt levels there will be more coming.
Must of got hit with dilution. I don’t see anything on bid of much significance over .065
I think you meant to post that on the hip* board which is going red on “big” news.
Won’t be long until investors with our competitors get hit with convertible debt & jump on our bid for safety.
We’re as Solid as they come in otc and have plenty of Vate assets to sell for growth instead of our own shares like our competitors.
You think that convertible debt dilution could bring this lower than the chart prediction of 4 cents? Don’t wanna jump in to early if that debt is gonna crash this thing.
NOT* big typo there
Nice! I’ll have my bid in the 04 range after some more DD. The debt concerns me though. Are there any other cbd/hemp beverages without all this debt I can look into?
Exactly. Once people realize there’s millions of convertible debt here like hiph & other competition we’ll fly even higher
1m in convertible debt? What’s the total debt? Think revs will be able to pay that off next couple of years without further dilution?
Why are you worried? I thought you were short. Something change?
Got 950k & NONE are for sale under 9 cents.
Nah, no it doesn’t. Inviting you to short though if you believe so. Please add photos of your short position. I’ll be interested how that turns out for you.
That’s awesome you still hang with it. I know plenty of guys that have been doing stuff for years that they suck at. Admire the persistence
That’s great to hear. Like I said please do. I love short squeeze runs
Wait, what? You mean you sold out before the bull run was over? Great chart analysis. That’s right, you were taking profits under 2 weren’t you.... I remember now.
If he just signs a dozen more that would be massive revenue growth for this startup. Think about that. 15/88=17%. Thousands of stores.
Isn’t that what you were posting on their sister company boards a few months ago? Looks like that one didn’t pan out either.