You sell yet? There’s bids there for you to sell into if you don’t believe it will ever be current again. I know the bids are there because they’re mine. No rush here just keep adding the dumps from traders who give up. Would like to see more of them over the next 2 weeks when they file the NT-10Q
Share structure hasn’t changed so it’s not dilution. No idea what they have planned but it’s in their own interest to actually bring some value to the company at some point. Waiting for legalization? No idea but share structure has remained as following:
Held at DTC
CEO is Frank Igwealdor who I’m a big fan of. Check out what he’s doing with NIHK for a good example of what is to come. GMPW as well (though the CE is yet to come off there). Quite excited to see what he has in store for this one. Holding long and buying dips
New to this one with a small position but have done a fair amount of DD recently and love the potential. Seems like we have some very knowledgeable longs here so wondering if anyone could answer these questions (I will obviously conduct my own supplemental DD on these as well):
1. With the A/S at 2.5 billion, is there any reason to believe we could see significant dilution in the future? Just curious if the A/S being this high is reason for concern. My initial thoughts are that this is not a concern as insiders hold a large amount of restricted shares.
2. Is the attorney letter the only remaining item needed for CE removal? Are all other filings now in order?
Appreciate any input that anyone can provide.
Only a matter of time before they run this one up. Doubt we see shares under .03 much longer. The weak and impatient shareholders have likely been shaken out at this point. Wouldn’t be surprised to see the last few sell out soon and take off from there. The weekly chart and accumulation line tell the story here. Hope you all stick around long enough to see the big run!
News just hit. Looks like it could breakout very soon. Holding long:
Can’t say for sure who it is but agree with you here, someone is loading up. Accumulation tells the story. Once all the impatient shareholders have sold right into the floor, this will break the wedge upwards on the weekly chart and take off to .07 as the chart indicates.
While I agree an update would be nice, you have to step back and think about a few things:
Why the silence? Is it because management doesn’t care? Or is it because they are waiting for federal legalization to move forward with their full business plan? Why did Brent Crouch, CFO of SGD Holdings, Ltd., become the Managing Member of C1B True Organics, LLC, and the License Holder for the Cannabis Retail Store property located at 601 Hwy. 85/87 Walsenburg, CO 81089 in April of 2021?
Why would there be no dilution for so long if they didn’t care about the future of the company? Why hasn’t Hicks sold? Why do insiders own 55.7 million shares? Is it because they know where this is going?
Who is accumulating all these shares? Check the chart, someone has been consistently loading up. Why? Is the lack of updates to allow others time to load cheap shares and lock the float?
With a float of only 57.7 million, how many shares are locked up by longs? What happens to the share price when the company does drop huge news?
All imo and points I have considered. As I’ve said before, this stock isn’t for the impatient. However, I believe those that are willing to accumulate at these levels will be rewarded greatly. Best of luck to all.
Someone's been loading up this week and I highly doubt they're doing it for a quick flip. Zoom out a bit and take a look at the weekly chart. Look at the accumulation. With this share structure, the wedge break will be explosive. A lot of people won't stick around long enough to profit from it but patience will pay off:
This float is silently being locked up by longs. A quick glance at the chart is all you need to see what's going on. The accum/dist line tells the story here. It has been nearly impossible to get any size under .04 for the past month. No dilution for multiple years.
Yes, the lack of news from management is obviously disappointing. However, when volume does hit you will see just how locked up this float really is. This may run on a technical breakout alone.