CerealKiller wrote: Allforoilandgas wrote: Sorry talking know it all Cereal Killer.
Shhh, child, the adults in the room are speaking. If you listen carefully, you too, might know it all some day.
Rambo, about the website, it's hard to know what to make of it at this point, right? Sure, it appears positive that this is up but as Sarb said, it looks rushed. Being created a day after the company was created, which was on the same day as the odd press release, complete with mistakes, about a company that they "bought" that nobody had ever heard of, well, it's all a bit too much to make sense of at the moment.
The fact that management wasn't honest or transparent in the press release (they didn't really buy Karland - they created it and then gave 20 million shares to unknown people for it) doesn't give them a lot of credibiility. I know. We don't want to acknowledge that. I don't certainly don't want to. But it's true.Then when investors are in an uproar trying to find out more, they fail to respond promptly (at all?) to alleviate concerns. I wonder if their lack of a response thus far and the creation of this website is part of them creating a narrative that can 'sorta' explain that poor press release. Or maybe they'll just use the website and further news to distract from/ignore the press release. I know many investors, such as Allforoilandgas, would love that - pretend there was nothing fishy about it in order to keep pumping.
Personally, unless a lot of quetions are answered on share price's way back up, I'll be exiting my position in the 0.50's, 0.60's and maybe 0.70's if I hang on that long. That might mean that I miss out on a good amount of profit but at those stages I'll already have huge amounts of profits - enough to buy a decent house outright if want to. Half a million shares at .17 will provide that. That's enough for me.
And I hope I'm wrong. I hope they become more transparent. I hope they have the balls to say who got these 20 million shares for a company they created themselves. If so, I'll stay in, at least for a little while longer. And whether I stay in or not, I hope everyone else makes/continues to make excellent money and share price rises to $1 or $2 or more. I'm not petty enough to wish ill will on everyone else if I miss out on that.
So, about that drink in Toronto, hopefully we can make it happen one day. I only get back to Canada once every couple of years or so and Covid might wreck plans for this summer to be back, but I hear there are some excellent craft beer joints in GTA. It'd be great if it could happen.