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My understanding of the SEC rules is that buy backs must be first announced prior to actually buying back. But in any case, 6 months ago, many thought this was going silver. Building a business takes time.
Thank you for your honest reply. To be sure, this board (the only board I'm currently reading) has had a plethora of negative comments that would make one think that everyone is throwing in the towel on this stock. But as you and I both know, and as I said in one of my first posts, when there is blood in the streets - it is time to buy. Could we finally be at that time? For me, I honestly believe that Matt is attempting to build something real here as he sees dollar signs when you look at the growing MJ market, but of course, I could be severely mistaken as well. I guess as I said in a post that was deleted - time will tell! In the meantime, GLTY and GLTA!
Hi RR, there is something to ask you, however, and that is, did you ever run over and see if the office was legitimate? Also, didn't he state he was going to get a PR form to answer our questions? Finally, what's your take on the name change/ sick FINRA agent story? 3 questions I've been wanting to ask you because you seem like your an investor who's taking all these anomalies in stride!
Matt's business does play a factor IF he is not trying to pull a scam. Busy-ness could mean he simply isn't taking the time for a clear answer. He did state that this is the last preferred investor (other than himself) who's stock was promptly dumped into the market (from my understanding). If so, then does it still not make sense that as he was trying to "retire" paper shares that a shareholder thought of cashing in on the little value that was left? (or simply wanted to have losses after such a good year in the S&P?) What am I missing?
IMO, that's simply false. My email from him yesterday indicated he is exceptionally busy. If you take it at face value, there's no fraud. In fact, if you understand building businesses, you'd know just how much there is to do. This industry is booming and is second only to the bitcoins out there, IMO. (Just noticed the message I responded to was deleted) LOL
I'm glad to see I'm not the only one confused by this response. IMO, he either thinks his response (and previous tweet) addressed the issue, or he doesn't realize that how vague the tweet and response are. Of course there's a third option: elusiveness could indicate deception, but I think that's inconclusive considering he didn't need to respond at all. Anyone else have thoughts about this?
Matt responded to my email asking him about it just now with this:
"This was addressed in a tweet yesterday. There is nothing more to add, the same disclosure will appear in the Annual Report when filed.
It will also show that I still own 1,250,000 shares of Preferred stock.
Regards
Matt"
Would someone please explain why when Dryer talked about buying back shares at $0.0008 he isn't in there now?
IMO, that is just a bit simplistic. Stock prices are often way out of alignment with "news" - often amazingly far out. If Dryer is not a con-man as many have implied, and if the information projected proves itself to be coming to fruition, then it is a just a matter of time before the woods are cleared and a major run is seen. This can take many weeks with a stock that has been stuck in this channel for such an amazingly long time. Now if he doesn't purchase back any more shares, or if things don't come true, then you will be proven correct on every level and we will see the ominous "no-bid" that you have prognosticated so many times!
Happy Thanksgiving to all! - State Law!
So why do you think this is not moving? I've seen many negative comments about the owner, but it can't be just that, could it?
Perhaps we're on the same page? See post 85064
Quiet before the storm: the bid is increasing nicely over the ask.... A few more hours and we should be seeing 0.0004 on the ask. Patience is everything. Perhaps some political news like Sessions being fired (because he's so anti-cannabis) might be helpful! LOL
I love the crickets! It's the calm before the storm!
"Quarterly commentary" under "investment approach"
My issue with this "Sonora Investment Management" that invested in TGGI is that their website isn't current. Any thoughts?
I have no doubt that the MMs are preparing for this to run. The action is markedly different than one week ago. Only strong hands will see this bull and through the bull though! If not today, very "soon" lol, imo!
Eventually. But the longer we dally, the sharper the uptick.
Patience is also the mantra for those holding good stocks....PPS isn't the only factor determining value. If it were, all stocks would be valued correctly all of the time, yes?
It's not first come, first served; it's big money before small. MMs are starting to buy though,imo, as I see .000025 more and more- which to me means this could be turning soon (within days).
I believe RR stated 10 days- to me that means by next Tuesday or so....
I also politely disagree. This month we'll see action: the point where many give up and throw in the towel is the usually the beginning of a massive move. Look how just this board has gone from #5 to non-existent! For me this is auspicious: Good news is upon us! (Imo, of course!)
While you all are helping out stockmoneybaby, has anybody been taking note of our volume? Way to high with too much price suspension for a stock that just going to putter out, IMO. Also, with the Bid/ask spread looking like a wall at 0.0004, I really am excited about our imminent news. I believe it will fade away in less than 1 millisecond....patience!
Look at our volume for the day, as well as since last Friday - to me, it speaks of an imminent change. Also, as this board gets light on followers and comments, it feels to me like many have thrown in the towel. Another great sign for me. Also, with the Bid/Ask ratio currently so far out of wack, why are we not at 0.0003? Where are the sellers? Could it be that selling is drying up?
Thank you. It's just the way it should be....take it to as low as possible prior to the break out. To me, this is an excellent sign: 1) Less hype (off BoB); 2) Low price; 3) Imminent News; 4) As I said I think in my very first post - when there is blood in the streets - it's time to buy! My expectation now is for news within 2 hours and major buying. I actually predict we should close up well above 0.0005 (but this is just IMO, of course!)
Good morning, Y'all and GLTA! Is today the day that MM take this to 0.0002 for 5 minutes or less and then it takes off? Let's see if the shake out is for weak hands - only for us with strong hands to see this finally launch! Perhaps a bit of news would help, eh?
Hi RR, since you're only a few steps from HQ (compared to us who live 2000 miles away) have you taken a ride to verify there's really an ongoing business? Does Dryer run it alone? With family or friends? I'm considering another 50 mil, but don't understand 1) the confusion of his past and why there are rumors about fraud, and 2) why $TGGI had quite a few crazy runs years ago to only crash later even harder. Do you have any insights you could share with us common folks? I respect your opinion as I've seen you back up everything with links and articles as opposed to innuendos and conjectures by the naysayers. Would you be willing or able to shed light on these issues? Thank you so much. Your fellow long... And patiently waiting for the BOOM! :)
It's funny how easy it is to think on such a short term level as to not see the big picture. If ultimately fundamentals are what drive the price, and not MMs and we can somehow cut out the noise of the day to day, then we could all be Warren Buffetts, but as long as we are tied to the day to day, and not what could be one of the most potentially explosive moves, demanding action on this or that day instead of being patient, we will be as stuck as this stock is.... Remember, several other MJ stocks have already sored over 10,000% - doesn't mean this one will, but who knows for sure?
Bid is coming up great on .0004 - ask is decreasing on .0005 - volume is excellent - bring down the wall!
Haha, Pitman, love the sarcasm and healthy scepticism, but realistically, when do you think you'll change your opinion? At copper? At silver? Never? Also, how do you account for the historical, albeit ridiculous runs of $TGGI in the past? (Only seen on charts that show more than 10 years) Ultimately, to you, is this forum more about helping all of us to make money or ensuring everything OTC is 100% accurate? Both?
That was fun....can we go back to sipping our lattes yet?
There's no way the wall can stand much longer. Just imagine when there's really good news.
Hey RR, where's Pitman now? LOL
Look at the bid/ask ratio - we should see 0.0005 before days end if not more!
GM - so happy to see your reply to Pitman! Now can't wait for the run. Happy to know you have 47 shares and running strong. A question for you: have you seen the historical charts of TGGI? Were those runs to $12.00 and others real? In such a short time?
I could be wrong, of course, but perhaps the MM are just trying to shake out the weak hands for a few more days.... Think about it- if this were such a poor buy, why would there be any support at .0002- we'd all be bailing, no?
So do you think this was someone who knew that there is pending news? Or a just someone closing out a trade desperately because they just wanted out?
Can someone please explain to me how in the last 5 minutes when the bid was .0002 and the ask was .0004 that the fill was at .0004 without a even a .0003 bid? Does that mean someone just paid the ask without trying to get .0003, or does it mean something else?
That's correct, Colworth, Rothchild probably said: "The time to buy is when there's blood in the streets." TGGI's "RED" is our opportunity.