H20 Toie

Granted i don't follow stocks that much but just curious on this. stock started at $10 share then dropped to under a dollar so they did a 25-1 split and then it dropped down to a dollar again so would that make your initial $10 worth about 4 cents now? or is it lower?

Jupiter Sunsation

Stock is still a penny stock. It closed at 1.08 so 1.08/25 = .0432 (cents a share)

The split was just so Nasdaq wouldn't delist them. But if the stock drops 9 more cents from yesterday's close its still in danger of being delisted.

caseyh

its at .91 right now.........

boatlessatm

They are in the clock now….

what will happen first……reverse split #2 or run out of money?

compedgemarine

how to make a million in boat building? start with a billion and put your 22 year old kid in charge.

Jupiter Sunsation

The big decision will come when you have to make the decision to "get rid of the 767" or let "CRT go?"
https://www.miaminewtimes.com/news/p...plane-14381445
I'd bet the rent on the CRT factory is probably about the same monthly nut as the jet hanger.

H20 Toie

Well here is the answer, but who knows i would imagine if someone is interested CRT is available


https://www.controller.com/listing/f...0-jet-aircraft

1Zoom

One thing many people are not realizing is that Cigarette is not what is bringing Life Wallet stock down, besides Cigarette is also part of Lionheart Captial which is a diversified investment company. Even if Life Wallet which is also part of Lionheart's portfolio fails, Cigarette stands alone as another investment.


I agree many statements early on were for hi hopes that Cigarette would grow in many areas, which at this time the public has not seen. However, it is also not fair to beat up on Alex or Chistina Ruiz because their father is the CEO of Life Wallet. Hopefully Cigarette's executive team will learn from their mistakes and build the brand as a successful company. I am sure Lionheart's CEO and executives would not hold on to this investment if they did not see some value.

H20 Toie

I think everyone realizes that, but its just disheartening to see his other company failing so miserably, lots of owners have a lot of pride in Cigarette, and really want to see it succeed ( you have to be somewhat successful to own one) Making your 22 son ceo wasn't very confendense inspiring, also like bud if you ignore your base customers trying to do some thing else you are walking a fine line,

Jupiter Sunsation

MSP Recovery/LifeWallet is being looked at as a stock scheme/ pump and dump. Billionaire investors like Barry Steinlicht (spelling) have called it a fraud and are suing for misrepresentation.

The companies are diversified but the "cash flow is all coming from the same dwindling pot"

H20 found the jet for sale, so clearly Mr Former Billionaire doesn't need that or the 10 million dollar helicopter. How much longer before CRT gets the for sale sign in the window.