Timing101
2 hours ago
$EDBL Great entry point and STRONG DD here folks. Sales up, Food Safety, In OVER 4.000 Stores, Patents trademarks, sustainable multiple Health Products with their own Trademarks.
Here you go I always provide links
Read Data points
https://globenewswire.com/news-release/2024/12/19/2999837/0/en/Edible-Garden-Preliminary-Sales-Results-During-Key-Thanksgiving-Time-Period-Surge-51-in-2024.html
--
follow here
https://x.com/ediblegardenusa
--
See website here , on the MOVE , Patents , TM
https://ediblegardenag.com/about-us
Rattlershehe
1 month ago
Maybe never, I do trade this Stock, disclaimer. However, I understand they could go out of business soon soon meaning 2 to 3 years. They've got a couple of reverse splits left in them. First, they're gonna have to dilute again this quarter if not in December, they will have to in the beginning of the first quarter. They only have a couple of million dollars left in their bank account and they just bled another $2.1 million loss. They will lose another couple million in The first quarter of next year. If any of these new products, take traction, anything can change. But from what I can see this Company is bleeding bad and they need to sell more shares and they're gonna have to do a reverse split to stay on the board. Or be kicked to the OTCBB. At that point, they will not be able to get any more funding. I believe also they might announce a reverse split in December at the latest. They have to stay compliant. They're allowed One for 250 reverse split within two years. They have plenty to go.
Rattlershehe
2 months ago
Sorry, Arnold, that was supposed to say Delisted, however, on the 10th edible gardens got the letter that they were compliant. Of course, their next big hurdle will be to go over a dollar or once again they’ll be booted off the NASDAQ. I see a reverse split in the future, but first those shares have to convert from the last round of money.
Rattlershehe
3 months ago
No, EDBL just sold 15,700,650 shares for 5.65m,,, OS 3,160,392 EDBL just did a RS Ap 5, But hay anything possible