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Re: Chip79 post# 73162

Wednesday, 03/01/2023 1:22:04 PM

Wednesday, March 01, 2023 1:22:04 PM

Post# of 76488
The going concern exists as boilerplate in all similar filings. it's all over the multi-billion dollar meme stocks companies filings too. It is meant to mention the debt. the thing that concerns me is that in the past it used to be two metrics, now they only have the "since inception" metric, which has always been around 5M+ dollars.

but at this point, I'll concede to the haters that I doubt Ballas and the toxic converters have no intention to make cannazall a cash flow positive profitable stock. I now bow to the theory that Ballas was in cahoots with the toxic converters. with that being said, it doesn't scare me since I always suspected it since we came down from the last trip 8.

I think GPL and Ballas have lost control of their own stock. they keep it pink hoping to convert more later, but its the market makers who turned it to a zombie and are keeping it as a zombie. I hope UBQU becomes useful to kenny AS a zombie, and perhaps they are ok with GPL and ballas still keeping it pink. or not, which wold be less hopeful.
regardless, I think the fundamentals no longer matter, no "insiders" are trying to get this company healthy, but they are continuing to file and not planning on going into bankruptcy because they want to make money the old fashioned way, toxic dilution. with that hope, perhaps we retail holders can still get out on the next run if it happens.
since my last response, the market makers, did two more trades today in odd lots. ending with 777...