Where did all the money go? It seems reasonable that if they opened their own stores in the right locations with out franchisees they should have made out just fine. What the hell did they spend all of the money on? Seems to me like each location if in the right demographics should have been profitable.

https://www.yelp.com/biz_photos/kisses-from-italy-fort-lauderdale

KITL Security Details
Share Structure
Market Cap Market Cap
4,617,321
12/26/2023
Authorized Shares
650,000,000
12/22/2023
Outstanding Shares
329,808,642
12/22/2023
Restricted
248,159,188
12/22/2023
Unrestricted
81,649,454
12/22/2023
Held at DTC
71,629,204
12/22/2023
Float
49,903,380
04/30/2023
Par Value
0.001

Share Structure
Market Cap Market Cap
3,627,895
01/04/2024
Authorized Shares
650,000,000
01/05/2024
Outstanding Shares
336,763,187
01/05/2024
Restricted
248,159,188
01/05/2024
Unrestricted
88,603,999
01/05/2024
Held at DTC
78,583,749
01/05/2024
Float
49,903,380
04/30/2023
Market Cap Market Cap
2,862,487
01/23/2024
Authorized Shares
650,000,000
01/22/2024
Outstanding Shares
336,763,187
01/22/2024
Restricted
248,159,188
01/22/2024
Unrestricted
88,603,999
01/22/2024
Held at DTC
78,583,749
01/22/2024
Float
49,903,380
04/30/2023


Share Structure
Market Cap Market Cap
1,865,104
02/09/2024
Authorized Shares
650,000,000
02/05/2024
Outstanding Shares
339,109,861
02/05/2024
Restricted
247,659,188
02/05/2024
Unrestricted
91,450,673
02/05/2024
Held at DTC
80,930,423
02/05/2024
Float
49,903,380
04/30/2023
Par Value
0.001


Share Structure
Market Cap Market Cap
462,841
02/28/2024
Authorized Shares
650,000,000
02/20/2024
Outstanding Shares
356,031,443
02/20/2024
Restricted
247,659,188
02/20/2024
Unrestricted
108,372,255
02/20/2024
Held at DTC
81,430,423
02/20/2024
Float
49,903,380
04/30/2023
Par Value
0.001

Share Structure
Market Cap Market Cap
410,212
03/08/2024
Authorized Shares
650,000,000
03/08/2024
Outstanding Shares
372,920,331
03/08/2024
Restricted
247,659,188
03/08/2024
Unrestricted
125,261,143
03/08/2024
Held at DTC
115,240,893
03/08/2024
Float
49,903,380
04/30/2023
Par Value
0.001

On February 9, 2024, Kisses from Italy Inc. (the “Company”) received the letter (the "Notification Letter") from OTC Markets, Inc. notifying the Company that its bid price has closed below $0.01 for more than 30 consecutive calendar days and that the Company no longer meets the Standards for Continued Eligibility for OTCQB (the “OTCQB Standards”), which requires maintaining proprietary priced quotations published by a Market Maker in OTC Link with a minimum closing bid price of $0.01 per share on at least one of the prior 30 consecutive calendar days (the “Minimum Closing Bid Price”).



The Notification Letter states that pursuant to Section 4.1 of the OTCQB Standards, the Company was granted a cure period of 90 calendar days, or until May 9, 2024, to regain compliance with the Minimum Closing Bid Price under the OTCQB Standards. To continue trading on the OTCQB marketplace, the closing bid price for the Company’s common stock must be $0.01 or greater for 10 consecutive trading days during this 90-day cure period.



If this requirement is not met by May 9, 2024, the Company will be removed from the OTCQB marketplace. In addition, if the Company’s closing bid price falls below $0.001 at any time for five consecutive trading days, the Company will be immediately removed from the OTCQB marketplace.



The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its common stock on the OTCQB Marketplace and, if appropriate, consider implementing available options, including a reverse stock split, to regain compliance with the Minimum Closing Bid Price under the OTCQB Standards.

https://www.securitieslawyer101.com/2022/otc-markets-listing-and-quotation-otcqb-requirements/

Why do you keep on going with the .001 to maintain QB status, to scam people. They were warned by the SEC that they were non compliant as soon as they dropped under .010 that is the requirement. Hence their response that they will regain compliance with a reverse split if needed. Shame on you!

https://www.securitieslawyer101.com/2022/otc-markets-listing-and-quotation-otcqb-requirements/

What about the incredible amount of debt incurred from past failed attempts an improving profits. They need investors to bail out failures and provide cash for the next round of forward looking projects. The track record proves they cant do it. They can not bail out past debt forget about raise additional capitol to give something else a try! I think this is done, to much money due in only a couple of months.

Very good post! Fun to read as a bonus, thank you for that.

If 50 million shares were sold tomorrow for .0012 they would have $60,000 toward June's $250,000 due convertible debt!

DUE JUNE 30 2024 with no plan!
$250,000 .00
https://www.otcmarkets.com/otcapi/company/financial-report/367150/content

https://www.otcshortreport.com/company/KITL

KITL Security Details
Share Structure
Market Cap Market Cap
4,617,321
12/26/2023
Authorized Shares
650,000,000
12/22/2023
Outstanding Shares
329,808,642
12/22/2023
Restricted
248,159,188
12/22/2023
Unrestricted
81,649,454
12/22/2023
Held at DTC
71,629,204
12/22/2023
Float
49,903,380
04/30/2023
Par Value
0.001

Share Structure
Market Cap Market Cap
3,627,895
01/04/2024
Authorized Shares
650,000,000
01/05/2024
Outstanding Shares
336,763,187
01/05/2024
Restricted
248,159,188
01/05/2024
Unrestricted
88,603,999
01/05/2024
Held at DTC
78,583,749
01/05/2024
Float
49,903,380
04/30/2023
Market Cap Market Cap
2,862,487
01/23/2024
Authorized Shares
650,000,000
01/22/2024
Outstanding Shares
336,763,187
01/22/2024
Restricted
248,159,188
01/22/2024
Unrestricted
88,603,999
01/22/2024
Held at DTC
78,583,749
01/22/2024
Float
49,903,380
04/30/2023


Share Structure
Market Cap Market Cap
1,865,104
02/09/2024
Authorized Shares
650,000,000
02/05/2024
Outstanding Shares
339,109,861
02/05/2024
Restricted
247,659,188
02/05/2024
Unrestricted
91,450,673
02/05/2024
Held at DTC
80,930,423
02/05/2024
Float
49,903,380
04/30/2023
Par Value
0.001


Share Structure
Market Cap Market Cap
462,841
02/28/2024
Authorized Shares
650,000,000
02/20/2024
Outstanding Shares
356,031,443
02/20/2024
Restricted
247,659,188
02/20/2024
Unrestricted
108,372,255
02/20/2024
Held at DTC
81,430,423
02/20/2024
Float
49,903,380

Hey, where is dip and rip dude? Have we dipped yet?

Not good advise, selling .0017's at .0022 was the right thing to do looking back. RS announcement bottom is the next buy in for me.

They should invest in a Dunkin Donuts in a run down gas station and achieve immediate positive cash flow. How is that for me doing my DD. Oh I forgot the CEO salary, ahhhh that will go bust too.

The only way this moves back to OTC QB organically if the company issues a statement that they raised capitol thru MacRab purchase and for the Scott Conant plan. Now that that is a flop (very sorry shareholders). We will be using our raised cash to buy back shares in order to regain our shareholder trust. What else can they possibly do other than let MacRab slowly sell into the market to get as much of theire investment back with out going trips in a day. I don't think that happens in OTC. I think it is more like they get to keep their salaries paid for a bit longer. The RS will get back their high OTC QB status and repeat like all the rest of the OTC scammers. They have never been listed on Fransmart's web site, to embarrassing!

Trust in any pr is gone. That is how I see it.

Just being real, That is all! I lost money here and was happy to get 25% back. Kisses From Italy is not a profitable company. Sandwich shops do not have CEO's with nice pay checks, just saying.

https://www.otcmarkets.com/filing/html?id=17272711&guid=WLd-kaUf2kw7B3h


The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its common stock on the OTCQB Marketplace and, if appropriate, consider implementing available options, including a reverse stock split, to regain compliance with the Minimum Closing Bid Price under the OTCQB Standards.

Nothing short of a reverse split can get this back to .010. I dumped my 500k bought yesterday for .0017 today and will wait for R.S. announcement to get back in. JMO

Too funny!!!! I have not checked in for a while and you are the latest post when I did. I noticed the .0002 price and was curious, even enough to get back in so I went to OTC markets to see how many shares were moving and saw the expert market again...oh well no great loss. then I wondered (is Mighty X still pumping this?), well I have not got that far yet. I am going to check it out now, as I said you were the first post and ...I agree!

Look at total sales revenue past 4 quarters. We need the new makeover. Open the store pound pound pound!

Went home and checked. Share structure has not changed since last OTC update. :)

I am not home with records. How much up from latest update? Thanks

Nice post, thumbs up!

T minus 7.5 mil until lift off!!!!!

3. The issuer must deregister any unsold securities from Securities Act registration statements and withdraw any registration statements if there were no sales.
Why is this negative to you. Just following the rules from what I can see.

Is the float in the latest filling? April 30th is a bit old. Thanks in advance
Float 49,903,380 04/30/2023

That was my .0111 bid all day at changing quantities as I was distracted with other securities. I am doing my part at preventing low cross trades and holding up price. I also want to make sure they have to sell a lot of cheep shares if they want to drop the price to scoop up stop loss settings on new bee accounts.
GLTA $$$$KITL$$$$. Our first new store should be announced any time now and with this low float look out above here we come!

Not today, no after hours reported trades.

Not exactly, I waited all day for 37,424 of my bid at .011. But you are close to correct. Looking good KITL$$$$
https://ih.advfn.com/stock-market/USOTC/kisses-from-italy-qb-KITL/trades

I agree, I watch BLAS like a hawk here!

Thank you for the .0101's. loading, loading, loading. Before news, not after. KITL$$$$

Not mine sweat hart. Their mine!

.011's yummy yummy in my tummy! Thank you.

Load before the grand opening! Loading zone alert!

Eat em up yum!

That's more shares than I have. I would buy some here if I could!

This was shorted by one of your rats on 11-15-23. I hope he does it next time 5 minutes before great news and pays for it!
https://otce.finra.org/otce/equityShortInterest

Not being current damaged TPTW. Period.

I barely look at this board anymore, I watch the SP and volume and once in a while look here for DD and every time I find this. The same old back and forth chat with MX. It is sad to watch him manopolies this board with made up words and insane phrases that are illiterate as you can get. Why does anyone reply to his insanity? He is in a word of his own, don't appease him with conversation just let him chat with himself. I would find that less disturbing and highly more entertaining. :) PS I like and respect your posts, in no way am I a profound educated poster that has rite to tell anyone what to post and who to post to. Just venting!

I took some .018's for the team! Slap that ask before news not after.