This is a tiny company which most recently has an actual product for the first time. The company has done great work to update their website and created a great website for the chocolate business. Since the chocolate is made with Hemp (a big growing sector in our country) and also has a master chocolatier, it needs time to gain traction. The Southeast Edibles division have been out there promoting their products on social media and it appears to be doing it with little or no spending.
It can be frustrating here with no movement, but what I really like about this company is that they are NOT selling stock (dilution) to pay the bills. That is huge because most companies with very small cash reserves constantly sell stock to pay the bills or staff and basically head towards bankruptcy.
The stock seems to be holding this newer higher price level at around $.20. There is a bigger size seller around and maybe he is just frustrated and wants to move on but doesn't seem to want to part with his shares too cheaply. We all want our shares to rise quickly after we make our purchase but with a stock like this, patience is required. You can take a sizable position and make a much nicer % profit without investing an obscene amount of cash.
Anyway, I am willing to be patient because with any good sales news of the chocolate division or possible increasing earnings, I think this could be a $1.00-$2.00 stock easy due to the low stock share float.
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