RE:Fallenangel The negative attitudes of shareholders over the share price has become so pervasive and is perversely counterintuitive. If shareholders want to attract more blood to this stock, they need to become better representatives. Instead of posting fud and only focussing on shortcomings the company has no control over like the FDA and pending legislative issues, they should focus on the product and the ability to execute.
Good things take time. Hard work pays off but it is foolish to expect overnight miracles or to get rich quick. People need to discipline their minds. Stay focussed on what they believe in. Buy the dips and see it as a discount. If this company takes off, the best deal you will ever get on shares is now. When there is any kind of buying pressure on this stock, it moves fast. The same goes for the opposite.
As for Wikala, my take is that there is much more to this Wikala deal than we know about. It is the onlly thing that makes sense. Think about the financial?? Jim is very conservative with money. Spends on quality marketing but does not blow it on stock promotion etc. the 8mm COH is still left from the pp last year. Staff wages are all very conservative and the executives are worth more than their salaries.
Jim is in it to win it. This is clear. If people look in the right direction, they can see a what appears to be a conglomerate forming. In order to build wealth, you should not put all your eggs in one basket. Create different revenue streams. Here we have beverages, oils, creams, pet food, edcational platform with backlilnks to articles featuring Oki, Bloomgroove to resell accessories and Wikala for CBD distribution. They will own the distribution. The number of CBD suppliers on the market without a means to sell through direct retail channels is astounding. Product revenue, commission from e-commerce, and a wide variey of products to meet consumer demand. I think the groundwork is being laid, and when it is quiet, they are working diligently. Lets also remember that the team has plenty of heavy hitters. They are worth more than their salaries but they stay. Why??? They could very easily leave. It's not like they can't find a job that will pay them more. Clearly, they know more than we do but something keeps them going? Is it because they own a ton of shares? No. Shareholders complain that they don't buy shares on the open market. What is their committment worth? Most of the options are worthless to them at this point but they have not quit!!!
Think outside the box! Those who can master this concept, are the ones who will be handsomly rewarded. Those who panic, whine and complain behind a keyboard....well, those are the crybabies who make a market move. If everyone held their shares....nothing would trade at all. Speaking of which, based on the volume today, it looks like the crybabies are all sold out.