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Did you sell? Or still holding?
Yeah, good point. Nobody is doing in-person meetings these days. Maybe he set it up that way in bad faith to avoid engagement with shareholders. I emailed investor relations a few weeks ago, complaining about lack of communication between the company and it's investors. I was told that "The Company has been communicating several times a month. Please follow our PRs for information that will better help you understand where the Company is headed." And yet, I have no idea where the company is headed. I think their PRs are mostly fluff and filler.
Is anyone here planning on attending the in-person meeting? Where is it taking place?
Most of us are still very upset with this company over the RS and the proceeding destruction of share value, myself included. If it's possible to be objective here, is there anything this company is doing right? I recall when I first started investing in VATE, there was much more activity going on with this company, more potential... more "catalysts" (lol). Right now it seems like the company is flat, tired, dead, and useless. I suppose this is related to Covid (I'm sure that's what management will tell you). Is there any optimism left here? I know Sleek thinks we're still frozen in a pre-CBD regulation standstill, but even if the Feds put a framework together how is Elev8 going to grab any market share? Management have proven to be incompetent, with no skill in marketing and by all accounts it seems like their products are either loved or hated (which I don't think is a good thing). Aside from plans for a cafe (another LOL), what can us investors look forward to for the rest of the year and in 2021, if anything?
Whoever's running their social media thinks that posting low-grade memes constitutes a marketing plan.
Where can I find all the BLEG PR's and letters to shareholders since the RS happened?
Thank you for the detailed and thoughtful perspective. Your analysis is the only coherent argument I've seen for why someone would want to be bullish on BLEG at this moment in time. I'm a long and therefor have a lot of resentment, mainly for Medico and the way he dealt with the R/S. I won't be buying or selling this stock for the time being, but perhaps will again at some point in the future. With Medico gone we may have some hope as time passes and federal regulations finally happen, whenever that may be.
What wasn’t BLEG trading today?
He’s a goner. Probably sold his shares for beer money.
Any perspective on this Sleek? Do you think this is good news for the Company? Was Medico canned for incompetence? Poor sales? Just curious to know what you think.
Who is the new team? Just the new CEO? Has anyone contacted him to ask about the RS and other foolish business maneuvers made by that turd Medicoke, or what’s going on with the Elev8 cafe?
Wow new CEO news and response is a sharp drop in share price... Seems nothing can help this pig they call BLEG.
Has Sleek given up on BLEG? This thing went for mega pump to toilet dump.
And how long has the product been sitting around? Those old teas have probably been sitting in hot temperatures, simmering in plastic bottles... probably tastes like garbage.
I'm not buying more, either. However, if you've been long on VATE/BLEG and are trying to minimize losses, and have the balls and timing, there has been some opportunity down here in the gutter, at least there was if you bought in the .20's and are selling in the .50's. Not sure where this pig is going from here though...
Yep, gotta take every PR with a HUGE grain of salt now, unfortunately.
Medico thinks his homemade memes on Instagram are "marketing". No wonder nobody buys his beans and then they go stale.
The extent of this Elev8 “store” will be a crappy little display inside a gas station convenient store, stocking old bags of stale coffee and nasty bottled drinks that will collect dust. Even pulling something like that off would be a stretch for Lyin’ Ryan
Give Medico a break man! He was probably out on a bender all weekend, sampling new white product up his nose with prospective "distributors"
BLEG will be back in the 20’s this week as people cash in for quick gains. BLEG = beer money
This company isn’t going anywhere, Medico is a failure.
That's something to hope for I guess. But highly doubtful that BLEG will follow a similar trajectory as Monster Energy given Medico's proven incompetence, greed, cowardice and manipulation. If he can come back from this epic failure I will surely be "astonished"! Medico is a chump who was disguised as a savvy entrepreneur.
What was the Red Bull thing?
I suspect a slight pump tomorrow followed by a drop back into mid-high 20’s as people take their quick and easy profits. $BLEG
Is VATED trading today?
I'm wondering if someone more articulate & knowledgable than I could type up a nice summary of what happened with VATE recently, perhaps a bullet point list of RM's shady maneuvers, and share it on the forum. This would be great to have as a reference when complaining to the SEC as well as for sharing on social media.
I feel bad for any long investor who took their eyes off VATE for a month or so, comes back to look at progress now and sees that the stock has skyrocketed from sub-penny to 20 cents... only to realize shortly afterwards what actually happened!
Are you still buying VATED in the 20's or waiting for the 10's now?! I am tempted to get in and out to recoup some losses, but knowing my luck with VATE this pig will just keep plummeting after I buy more.
@Medico01 @B_Medico @elev8hemp $VATED CEO is scumbag @kellydistrochi @zoe_cbd @KonaGoldHemp @CBDRetailTrends @CBDcoffee @cbdsocialnetwrk pic.twitter.com/en6AEi7pWM
— Diego (@gaspard8791) June 10, 2020
Interesting that RM replied to you to clear up the reason for his work-at-home situation, but won't comment on the 40 million outstanding shares. What the F is wrong with him?
When does the stock symbol change to BLEG?
How did this pig jump 45% on a volume of 800?
Is that what you've lost on VATE/VATED/BLEG? It might not be what you want to hear, but... consider yourself lucky. I lost 3x that and others here have lost 10x that or more.
Thanks. We need to make as much noise as possible. What he did was not right.
Me too, that's why I created new accounts.
If anyone's on Twitter and wants to piss of Medico, please like and retweet this:
This company @elev8hemp is a scam business. The CEO, Ryan Medico, recently stole massive amounts of equity from common shareholders. Stay away from their products. Class action lawsuit should be on the horizon. pic.twitter.com/3K93SgRU3k
— Organic Future (@future_organic) June 8, 2020
I'm planning a social media attack schedule for our favourite company and CEO. I recommend everyone else here do the same. RM relies heavily on social media... I plan to cause as much friction as possible for him there for as long as possible.
I have not sold any shares either. “Stuck” is a good way to put it.
RM can’t be trusted at this moment in time but numbers don’t lie... meaning if sales go up and all the “catalysts” we’ve been speculating about come to fruition, that would surely rekindle investor interest here?
How many shares are you holding now? Are you still long?
How the heck is this stock going to rebound? Where is the bottom?