Mendocino Brewing Co., Inc (MENB)

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I got a eye on MENB
http://stockcharts.com/c-sc/sc?s=MENB&p=D&b=5&g=0&i=t56587512754&r=1404089087527
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http://stockcharts.com/c-sc/sc?s=MENB&p=D&yr=1&mn=0&dy=0&i=p62644462939&r=9553
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MENB was alerted on high volume..

Analyst Report Initiated on High Volume

Alert
NEW YORK, June 24, 2014 - Mendocino Brewing Co., Inc. (OTCQB: MENB) together with its subsidiaries, engages in the manufacture and sale of beers in the United States and Europe. It operates two breweries located in Ukiah, California, and Saratoga Springs, New York. The company's operations consist of brewing and marketing various craft beers, including Red Tail Ale, Blue Heron Pale Ale, Black Hawk Stout, Eye of the Hawk Select Ale, White Hawk Original IPA, and Red Tail Lager, and a licensed international specialty beer, Kingfisher Premium Lager. It also owns and operates a brewpub and gift store located in Hopland, California. Mendocino Brewing sells its beers through distributors to consumers at supermarkets, warehouse stores, liquor stores, taverns and bars, restaurants, and convenience stores.
MENB shares went from a daily average volume (3 month) of 1,623 shares to near 500,000 in Monday’s session. The shares closed Friday at $.275 and reached as high as $.91 in the Monday trading day. Investors are flocking to this purveyor of ales, perhaps due to its tiny float.
A full report on MENB that includes risk factors, industry review, financial position, potential revenues, and review of current business model, competition breakdown, and analyst summary can be viewed by using the following link:
http://bit.ly/-MENB-AnalystReport
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MENB website http://www.mendobrew.com/home.html
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BEER BEER BEER BEER BEER BEER BEER BEER BEER BEER BEER I LIKE...
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MENB Security Details
Share Structure
Market Value1 $10,719,463 a/o Jun 27, 2014
Shares Outstanding 12,611,133 a/o Aug 10, 2013
Float Not Available
Authorized Shares Not Available
Par Value No Par Value
Shareholders
Shareholders of Record 2,186 a/o Mar 31, 2014
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http://www.otcmarkets.com/stock/MENB/filings
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http://www.aimhighprofits.com/mendocino-brewing-co-inc-menb-brews-new-52-week-high-2014-6
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MENDOCINO BREWING COMPANY, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

March 31,2014 December 31, 2013
(Unaudited)
ASSETS
Current Assets
Cash $ 45,000 $ 324,800
Accounts receivable, net 3,877,300 4,119,300
Inventories 2,299,000 2,242,000
Prepaid expenses 580,500 591,600

Total Current Assets 6,801,800 7,277,700

Property and equipment, net 11,567,000 11,664,800
Deposits and other assets 280,800 324,500

Total Assets $ 18,649,600 $ 19,267,000

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current Liabilities
Secured lines of credit $ 2,153,100 $ 2,245,000
Accounts payable 4,341,600 4,893,800
Accrued liabilities 1,711,500 1,467,900
Note payable to related party 504,500 -
Current maturities of long-term debt, others 4,314,300 4,448,000
Current maturities of long-term debt to related party 555,800 552,500
Current maturities of obligations under capital leases 5,300 5,300
Total Current Liabilities 13,586,100 13,612,500

Long-Term Liabilities
Subordinated convertible notes to related parties 3,520,400 3,497,900
Long term debt to related party, less current maturity 972,700 1,104,900
Long term lease, less current maturities 16,400 17,700
Total Long-Term Liabilities 4,509,500 4,620,500

Total Liabilities 18,095,600 18,233,000

Stockholders’ Equity
Preferred stock, Series A, no par value, with liquidation preference of $1 per share; 10,000,000 shares authorized, 227,600 shares issued and outstanding 227,600 227,600
Common stock, no par value 30,000,000 shares authorized, 12,611,133 shares issued and outstanding 15,100,300 15,100,300
Accumulated comprehensive income 402,300 413,700
Accumulated deficit (15,176,200 ) (14,707,600 )
Total Stockholders’ Equity 554,000 1,034,000

Total Liabilities and Stockholders’ Equity $ 18,649,600 $ 19,267,000
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YOU CAN SEE THE EXPORTS HAVE GOOD NUMBERS OF SALES..
Three months ended March 31, 2014
North American Territory Foreign Territory Corporate and Others Total

Net Sales $ 2,734,900 $ 5,115,100 $ - $ 7,850,000
Operating Income (Loss) $ (490,900 ) $ 171,000 $ - $ (319,900 )
Identifiable Assets $ 12,576,100 $ 4,031,900 $ 2,041,600 $ 18,649,600
Depreciation & Amortization $ 169,600 $ 103,300 $ - $ 272,900
Capital Expenditures $ 50,400 $ 106,400 $ - $ 156,800

Three months ended March 31, 2013
North American Territory Foreign Territory Corporate and Others Total

Net Sales $ 3,584,400 $ 4,650,400 $ - $ 8,234,800
Operating (Loss) $ (93,000 ) $ (148,300 ) $ - $ (241,300 )
Identifiable Assets $ 12,995,600 $ 3,403,900 $ 2,887,800 $ 19,287,300
Depreciation & Amortization $ 161,700 $ 97,800 $ - $ 259,500
Capital Expenditures $ 185,200 $ 99,000 $ - $ 284,200
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What I am looking for is a dip to get in..