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How long can this stay under 1.00 without being delisted?
A notice of allowance is issued by the United States Patent & Trademark Office to indicate that it believes an invention qualifies for a patent. However, the person originally filing for the patent is not fully protected until he completes the rest of the patent process and pays the appropriate fees.
This is good news this morning if they can follow through. Stock is up and going in the right direction - time to accumulate!
Count me among the peeps as of 3:50 PM ET today. I have several other prospects on my radar and I just can't watch this slide into the trips. Good luck to all, I'll try to keep some powder dry in case anything starts happening here. I don't even see any photoshopped boats at the moment, though.
EOM
Thanks, I was reflecting on this last night ... once, in the late '90's I had a bunch of shares in a company that purported to have a deal to develop a medical records system for British health care - i was up a small fortune and the bottom dropped out in one hour -I'm talking 95% while I was at lunch - I held and hoped, and finally they came out with a video demo of their system - it was terrible, just a couple of PDF screens set to music that reminded me of a cheap porno film (any cheap porno film). I said as much in a post. Lo and behold, within a month the company merged with a small defunct porno company - the stock went from a penny to 47 cents and I ended up doing quite well after a quick exit around .30.
So, maybe, VITX can morph into a rock-hard vitamin cruise line, and we'll go way over a penny. Seen it happen before!
I'm out. I'll take a 90% loss over whatever this vitamin/riverboat US pre-launch preparation POS is.
I think the "Monkey Business" is still available ...
What's the hurry? They are preparing to get ready to initiate the opening phase of something that sounds like a florida cruise inititative. I've got one HELL of a MINUS balance to wipe out in '22 thanks to these guys. But I'm beginning to get ready to prepare to move on ...
I'll step up and take some fire here CJ, having invested multiple times in a company that is basically photoshop and tweets ...
New here, unfortunately took a starter position just before the FDA news. Why are the '22 projections so low? Any chance they will improve now that they can go to market?
TIA
I'll tell you what I know ... I'm very glad I (reluctantly) sold several small chunks on the way down. Based on what I see, the company is no further along than it was a year ago, and will either go to trips or RS in 1Q22. So I'm going to cut my tax bill and take an 85% loss on the few shares I have left. I did manage to make SOME $ off this stock, but this sale alone (10% of what I originally bought) will drop my margin by 50%.
If I DO buy back here in '22 I made a promise to myself I will not let it drop more than 10% no matter what is launching or where or what big party is being held. In fact, I'm going to apply that rule to just about everything.
Sincerely, good luck to everyone here and good health in the New Year.
Failure To Launch
They must be busy getting their photoshop products ready for the US launch! And don't forget FDA approval! I had my chance to leave here with profits. The great DD etc convinced me to hang around. My fault, my fault, my maxima fault. It's just embarassing that this is no more real than a cheese fart.
Great DD
Inside of 30 days to November and not a peep about US launch. I hope they do something, anything positive.
Just waiting for a chance to get out, thank you, no. Where is Dubai? The US? Now it's restarts in places they never were, and launches in countries they never mentioned.
The energy drink news was strange, considering it made zero splash, no mention of US launch, FDA, or any other US market news. Instead they are re-launching where they were supposedly established, and Dubai, etc., crickets. Now the buzz is about getting current (but we ARE current) and waiting on some magic attourney letter that is going to flip yield to green and the 'big money' will come in'. The bar has been lowered so far here in the past 3 months. As for the products, pretty slick photoshop can get that done. If this was anywhere NEAR the real company with sales that has been portrayed here, we'd all be very, very, very, very, very happy.
On the contrary, I am not sure VITX has any substance at all. I USED to be sure of that but feeling just like an all-day sucker this month.
So all the rosy BS about double digit Mills was just that ... rosy BS ... if ANY of this were true, we would not be at this price point and there would not be a 'RESET' in Europe on the eve of the US launch. Very elaborate, and my hat's off to you. Just waiting for your next bump to say goodbye. This one hurt me bad, believing in this. Meh, nothing there.
So we DO have double-digit millions in revenue?
So the talk here has gone from double-digit millions in revenue to the idea of positive cash flow is ludicrous? Nice.
Put me down for 9/2 eob please
Good point, I probably have blocked out the amount she started with, just to save my sanity, but yes, even a $5 bet would be almost $6500, and I know her initial bet was way more than $5. I'm kinda hoping $VITX will take some of the sting out of this memory!
OK here's the (short) story. Many years ago in the early 90's I went to Atlantic City and ended up down on the casino floor at 5 AM. Only 1 roulette table was running and I put $ on 5. The only other person on the floor was a knock-out brunette in an evening gown, and she put beaucoup chips on 33. She looked at me and said "I'd get on this number if I were you" ... I didn't. 33 came up. She said to the croupier "let it ride", glancing over at me again. I thought to myself 'no way' ... 33 came up. Again she said "let it ride" and said to me "Last chance ..." I thought to myself 'impossible'... 33 came up again. She gathered her chips, which I guess was over $30K and headed for the cashier's desk. Filled with regret, both at the money lost and the chance to spend some time with this mystery woman also lost, I went to find a bloody mary ... an extra strong, 'see through' bloody mary (or a Pale Mary, as I came to know them) ... true story and a moment I've revisited many times over the years, and to this day I play 33 on my first bet at a casino ...
33 ... its a long story ... first bet, 33 ...
Because I was waiting for 'current' and the latest fins which were a no-brainer. And now, waiting for a 're-start' of something I didn't know had stopped in the first place.
eom
Sigh, another 'no nuts' date for people like me to hold while 'light trading' days churn ... this stock is a nothing-burger, give me .015 for my shares and I'm out.
eom
I agree. And now that those catalysts have come and gone, the $VITX narrative is changing to include a hint of RS, but just a small one, mind you, so that they can uplist. Everything except the hype has been a non-event.
GLTA
OK, I've been off tending to other matters, and the last thing I expected was to see $VITX back under 2 cents again. I only have a few minutes over lunch but I surmise from the posts here that a) we are 'current' now with no more fins in the near future b) the fins we DID get are terrible, relative to the expectations here and also the 'very, very, happy' hints c) people are bugging out for the next great thing.
Is that about it? No way I'm selling down here, but it sounds like even a nickel is a reach now.
EOM
Yes, I was just hoping aloud that the NEXT quarterly statement, the first full quarter in 2021, comes very, very soon. This release today kind of let the air out of the room!
Well, it was a VITX filing, but not a very, very happy one. I wasn't expecting much in this one, but I really hope this does not fulfill their 'coming weeks' PR. Am I correct in that they are still not 'current', but closer to it?
Been away ... anything happen in $VITX today? PPS and volume are nice. I'm retreating this weekend and unplugging just about everything.
Have a great weekend longs, news, and everyone else!
Big ask hits just now !!!!
That bid sure is thick ... lol
The hand holding was appreciated. In this uniquely tough year it can be easy to worry, to lose optimism, and even faith. And, as we all know, anything that is easy to do is hard not to do. If $VITX plays out 1/10th as well as I'd hoped, I'll be able to focus on other matters. That PR was special, as it came at the same time I was negotiating treatment plans with hospice, so that my little brother might have some more time if 'extra measures' are indicated. It worked, and coming home to find this news was an immense relief.
GLTA
Because the price will likely be much lower then if this continues, and there will be little buying pressure, IMO. They need to get right ... now.
Climate does change, always has. Man made? Nah. No way. It is hot as hell in PA today for sure!
Good morning! Will EOM be the day? BTW, i see the ask at .0115 for 183,000 ... the same exact size and price as the last buy yesterday at 4 PM ... hmmm
Don't tell me ... a Rexair Rainbow??? LOL lets go VITX ... your papers, please!
Thank you for that - yes VITX is a tremendous disappointment to me right now. And I think it may one day pay off. But right now, I feel like there will be no financials 1 month from now, and this is going much, much lower very soon. I have a decision to make.
Agreed. VITX needs to do something - this is beyond annoying. I don't see how a company with all this damn revenue and potential can just languish along and leak 'soon, soon, very soon' and then pull out their pant pockets and say "well, hell, IDK what the holdup is.." this is BS. The only people who can possibly be patient now have a sub-penny PPS. Shame on me for holding. I should know better.
I used to vacation in a small place called Eagles Mere, which is about 2 hours directly west of Matamoras. There was a spot near there called World's End State Park ... Just a beautiful area, NE PA and very remote ...