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there is no lock up stop spreading lies, how do you explain that Michael and Gisnberg plus his little side company Green Life, Inc. are now holding less shares than they had at start ???
They are dumping period
I mean formally they could be in a ''lock up'' period, but there are ways around that so they can sell and get away with it, please don't be naive we are on the OTC.
Taking care of themselves and friends at expense of shareholders indeed
Brutal. Prime example of how pink sheets work.
The infamous Barry ''dump my shares'' Ginsberg lmao
yeah good ol' pink sheets... never gets old
''getting close to some big announcements'' and ''this goes to dollarland'' is a meme on the otc and everyone knows that, how can anyone say this with a straight face is beyond me... especially for a company that has done jack shit for 2 years straight. I hope you are being sarcastic with those 2 lines.
jack shit besides destroying shareholder value that is.
Yeah the revenue is looking very bad for a company that is valued at 40M+ atm...
I myself wondered why this pumped so hard in the last few days... rly bizzare
2 cents are inevitable at this point, no question about it...
everything that could have gone wrong, went wrong here.
However I think you will be able to get a better deal than 2s once the lenders start diluting so I wouldn't be so quick grabing those (unless there is a flash crash like we have seen recently to flip em quick) and wait for even better deal.
this could easily see trips if they go aggresive with it
My guess is that the management wants to wipe out the current holders, send this to trips and R/S from there, atleast thats what their actions are pointing to.
too many bag holders waiting to unload at every level up to 20 cents...
always triggers me when I see the OS almost doubled with nothing to show for it. and it is gonna get worse....
Disgusting.
Once again, we knew about the deal for quite some time it doesn't change anything... and market just confirmed this last week... no rise in PPS, more like the opposite so yeh old news...
Keep in mind, even if everything goes smooth and they get IND done and then trials etc. it still means jack shit if they decide to dilute along the way on the pops... which seems very likely judging by their recent actions
Once the lenders come for their money then you will see how badly they fucked up on the loan, trips city and then R/S from there...
stop kidding yourself, this has been a shit show ever since the OTC-wide pump was over... like most of the OTC stocks...
I think it is about time to accept the fact that this is not going anywhere but further down... your emotional stability will thank you :)
This doesn't ensure anything.
Seen plenty of pinks which had government ties yet they turned out to be share schemes.
finished red on supposedly ''great news''
Laughing how they used the same ''news'' over again.
''collab with NEI'' like we alrdy didn't know lmao, clown management.
there is evidence actually.
I caught them insider trading when the letter about R/S was sent out.
I documented it on here and on twitter.
Noone cares, it is already priced in, everyone has known for ages.
aren't u familiar with the buy the rumor sell the news ?
We know about the NEI colab for ages, how is this news lmao
After so much waiting we get the same ''news'' over and over again
yawn
so no IND in Q1, this is going to tank real hard just like I said.
Yes they do know what they are doing... piling up DEBT, filling their pockets and destroying shareholder value.
And they are way way off the track with the delays and everything.
They got lucky with all the other OTCs that blew up last year and now they are rinsing out what they can while they still can. I mean I can't blame them, its free money after all
months ? more like years at this point
I disagree, we are down more than 70% from the highs, in fact it looks horrible
People aren't getting paid to promote this garbage, I can almost guarantee you that.
The people u see here pushing this POS are regular people just like you, caught with a massive bag bleeding money.
You are one of the few who are still green on this as you have caught this pump very early but that is soon going to change, unfortunately... I would advise you to atleast pull out your initial investment to protect capital but then I would be marked as ''short'' so I am not going to do that.
When the lenders come for their money dumping stock (and they will) it's over. Other than that, the lack of progress will slowly but surely kill this stock either way...
Unless... MIRACLE happens like I stated in my previous posts.
I am supposedly the biggest ''basher'' around here and my narrative hasn't changed.
I did not ''Steal'' shares lol even tho it probably was a good idea to grab some when it was at 2c for a quick flip on this dead cat bounce.
I still believe this has more downside.
I been saying this will see 2-3 cents for ages and everybody called me crazy and we have been there today :) and I am pretty sure we will continue to see downtrend
Buddy idk what else to say, anybody with a little bit of common sense would know this is an awful deal...
What comparison do u need ? 22 mil. shares for 2000 bucks lol
Dude imagine the lender coming home after this... smiling ear to ear thinking in his head ''I can't believe Garr actually signed under this BS he must be retarded for real lmaooo''
It must have been an inside job or idk...
where is this ''pop'' u talk about ? We are in a constant downtrend since feb. last year and anybody who is averaging down is underwater besides folks that bought today in the 2-3c range...
we will continue slipping down there unless... MIRACLE
They weren't supposed to make that deal, it is a terrible deal period.
They won't be able to pay it off becasue they haven't even entered clinical trials, and those take a long time and after that they have to get appproval of the drugs etc. there is no way they can do that within a year.
They simply won't generate revenue and therefore this will get diluted into trips.
I have called 2-3 cents share price in march and we have alrdy been there today and now I am calling trips within this year, watch.
Now we know why they approved R/S... they are gonna dilute this POS, RS and do it all over again
trips unless miracle happens.
Exactly, the lenders know they can dilute this pig into oblivion and they are going to do so, happens all the time on the OTCs
Because I still like to follow companies even if I am no longer invested in them and call them out on their BS and confirming my thesis.
Placement agents could care less about the ''best deal possible'' they get paid either way getting toxic or non toxic deal for them.
Keep in mind this is supposedly a top notch team with decades of experience and plethora of contacts.
Why do they feel the need to take up a deal that is so toxic ?
Don't they know people that would offer better terms ? Aren't there people that believe what these ''top notch'' people can do ?
This proves how incompetent they are if they have to resort to this.
This lender will keep diluting the stock until he is paid back... which will not happen for a LONG TIME as there is no way they get revenue going anytime soon with their SLOW if any progress at all... He can easily send this to trips if he decides to... I have seen it happen with other stocks
And on top of that he gets 22 milly shares for 2200 bucks which he can sell on an open market now for 1.3 mil.
I call that a deal of a century for the lender and a big middle finger to all current holders. Absolutely criminal deal.
Bad news after bad news after bad news...
this went from ''unicorn'' to typical OTC share scheme real quick
I mean it was kind of obvious with all the recent red flags and this toxic loan is just cherry on top...
This is how these OTC companies make money, they get a ''loan'' from some acquaintance of theirs with ridiculous terms so they can dilute the stock without it looking like the insiders are selling...
basically an inside job
I wouldn't be surprised since we have alrdy caught them insider trading with their last letter to investors (announcing R/S and more share gifting).
they fill their pockets leaving investors with nothing
Pretty sure this milly went right into their pockets...
And even if this is not the case, such deals are determinal to the shareholder value even if they were to use it for research and development... Awful terms for the loan when interest rates are at all time lows
NEW TOXIC DEBT
22 mil. shares for $0.0001 holy jesus
literally can't make this shit up, thats one TOXIC note.
More dilution, more debt, absolutely no news.
Anyone still in this have no backbone... they just literally spit all of the current holders in the face
The audacity of the company is out of this world
They owe one million with HORRIBLE interest rate and they paid out 100k to placement agent thats crazy.
How does a virtual office makes this a real deal lmao
U can get that for literally a few bucks a year
This is how its gonna go:
They will fail to deliver any news (yet again) in Q1 (no IND etc.)
The leftover holders will finally realize that this company is incompetent.
this will sell down to 2-3 cents at the end of Q1 as that is the most that this POS is worth with all their fuk ups and delays (pending R/S, insider trading, OS increase etc. etc.)
I mean what do they have to offer as the company stands right now ? Just a bunch of ''advisors'' riding free shares and cheap licenses + known OTC crook in the leadership role (hello there mr. Barry ''dump my shares'' Ginsberg)
yeah both points are equally bad moves from the company
this wasn't an honest mistake, its either one of these 2 things:
1. they are very incompetent
or
2. they have malicious intents
I am leaning towards the number 2 as I have caught them insider trading right on the day the letter was written (there were milions of shares dumped into the public float)
What progress are you talking about ? There is none yet
Thats exactly what I am talking about, shady AF, trying to hide MAJOR factor, not to mention how they went about it telling it to the currecnt holders, some knew before the others allowing them to dump at better prices before the group that had no clue
there was supposed to be a public filing about this and there is none.
R/S on the table is a major concern.
management would have to pull off a miracle to get me back in and regain my trust after the fukery they managed to do to their loyal investors last year...
You know people are getting desperate when they get excited about a fake bid and a slight bump in price on a dead stock with no news
management really did us dirty here guys...
They started diluting, atleast it looks like it...
high volume yet the the price keep plummeting
Thats what I have been saying the whole time, we have people here thinking that there are rules being followed in the OTCs...
Need to sober up real quick from that fantasy...
thats one of the main reasons companies want to be on the pink sheets - you can get away with a lot of stuff
no thanks, but I will consider a lotto when it reaches 2-3c
ppl been calling a bottom for the past year and look how that turned out... ugly