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We're on fire again boys.
Real revenue. Real growth.
Back to .05 before you know it.
If the news was only the cancellation of the R/S,it would have gone up.
Unfortunately it was accompanied by the ending of the most important acquisition that we've all been waiting for.
What a load of crap.
Was the Bateman the old warehouse? Yes I went there.
I've been to that warehouse twice.
Carryout supplies and ZenHydro were just sharing the warehouse space and Carryout Supplies were in the Office (on the right in the picture).
Now that the purchase is complete. It's one big happy family there.
The last time I met with Jimmy we talked about uplisting.
He said he wanted to, but he was not going to rush it because it was not a priority. It cost too much etc. He wanted to focus on developing and growing the business and get there in time.
/Shrug
I getting destroyed here, so take it with a grain of salt
I'm having a hard time finding the benefit here.
At the current share price, .015 I need it to go up 5x to break even.
With a 300 R/S, we're at 4.50
Even at the low of .01 we'll be at 3.00
To hit break even, I'll need it to hit 22.50 or 15.00
I don't see that happening anytime soon.
The lack of volume and inability to hit .02 is in no way Jimmy's fault.
If you believe it should be over .02, that's because Jimmy did his job and closed the deal.
With the share increase last year, what will it take to hit .40 again?
Or is .04 the new .4
Our jump to .42 was from .03
To see that same % increase from .01, we'll need to see .14
It's crazy when you look at it that.
...... Ironguts has made one of the best decisions here....
I and many of us are averaged much higher.
He just got in at basically a penny.... The lowest it's been in years and at a time when it is severely oversold.
Ironguts is going to make money over the next couple of months. Don't be jealous.
Correct me if I'm wrong here:
K&J is buying shares from SGMD at below market value.
They then sell those shared on the open market.
K&J and SGMD want the SP to be at .01 or lower so they can accumulate more shares.
Then they want it to spike up to sell those shares. If it goes to .02 they'll easily double their money.
Then, when it goes back down, they can do the samething and buy 2x the shares.
Keep doing that and SGMD gets their money and K&J profits.
It's a simple transfer of wealth from all the investors who buy in the spikes.
Moved to NorCal
No more visits for me.
The last time I got Jimmy to respond through FB, he said he was just waiting on finding and that things were coming together.
We shall see.
I just read the latest filing.
It's long.
One thing is clear. They need to close the Bizrite deal ASAP. Without it and the subsequent jump in share price.... There is no way they are getting Sky and that other retailer.
Brutal
That is unfortunately not true.....
It's an issue if the PR Firm flat out gets that wrong, then SGMD proceeds to share that article on their Facebook page.
I've called them out on it. No response yet.
I messaged them for clarification and commented on their Facebook post.
Hopefully I get something back.
Why would a 60/1 RS be a good thing....
The charts and past experience tells me that we should be seeing a nice bounce any day now. We've seen a pretty hard drop and are well oversold.
I've done averaged down as far as I can go.
It would be nice if Jimmy explained why he isn't at least closing 1 deal.
What a brutal day. RSI hasn't even hit oversold yet.
Ouch.
I'll let him know your intent.
#shrug
Either Jimmy is going to figure it out or he isn't.
Literally only time will tell.
I asked them if they have ready any of the theories being floated around here.
I assume this was Jimmy who responded.
"I don’t spend my time reading people’s comments because most are irrelevant. If people spend the time to read the disclosures in the past they will find that $800k and 200,000 shares were issue which equites more than the over all 20% of the deal cost. We are making efforts toward the purchase, as well as getting an equity line from K&J is to position for us to get funding to close. Being in OTC is not easy to get funding and SEC has not been kind to broker dealers who’s accepting deals listed on OTC. Deals and revenue are deal. Getting funding is hard but not impossible. No one would be crazy enough to fake these rev."
What's the final assessment of the S1A?
I'm starting to understand how Hillary supporters felt in 2016.
That's a great step in the right direction.
There's no one else.
Jimmy isn't bad. People are just upset because they are down.
If Jimmy doesn't close the deals... I'll change my mind.
Everything is going to be fine.
I've been commenting on all their FB post.
Ironguts, I find it interesting that you have been here longer than me...... And you're still around.
Why haven't you abandoned yet?
Safe bet. Not sure why anyone here would be suprised by that....
Patients. Patients. Patients.
I had AMD at 1.60 when they were near bankruptcy in 2012. Sold it because I was impatient.
Had PRMW at around 3.00... sold because I was impatient.
FB, GSS and a number of others...
What do they all have in common, besides me being impatient... the writing was on the wall. I KNEW they were worth more and that it was going to go up. I just wanted my money yesterday.
I'd like to think i've learned my lesson and that it'll pay off with SGMD.
Call me a crazy optimistic fool, but I'm not too worried.
We knew what was going to happen today. No suprise and not necessarily a bad thing.
Who knows... and that's really the issue isn't it.... none of us really know.......
If only someone had been paying attention to this company for 2 years and telling everyone that they have great plans and vision
Got my (final?) Buy in for .035
I wonder how long it'll take to fill and how much it'll drop immediately after, like every other time.
/Shrug
15 May..... + 15 days
RMN. I'm including extensions.
Which it won't be.
Any one who's been here awhile knows how this stock reacts when it gets noticed.
Soon the pieces will all come together and Jimmy will let us all know just like he always does. 8K, then PR
Until then, if the Air Force would hurry and pay me, I could be some of these .03s, because it sure would be nice to average down.
Not a show death, rather improved buying opportunities.
I'll be one of those "I told you so"
Lol
And last time Claytrader showed up.... I didn't know any better..... I do now... Won't let that happen again.