Hey guys, just thought I'd sticky this info, it is 2 posts combined that both provide nice fact that a Walmart deal is going through, the first is from Cash Devil and the second from Stock Trooper
Luke Entertainment, Inc’s AccuBrite Enters Discussions with Multinational Corporation for Distribution Accubrite looks to ‘ink’ deal with discount department and warehouse stores chain
Stock Trooper's Research (Post# 16003)
PLEASE READ ITS ABOUT WALMARTS!
I did some research on the PR release that gave the discription of Walmarts. How many out there there are unsure and concerned that it is Walmart!
Well here you go and please read carefully:
Below is the PR about Walmart
NEW YORK, Jan. 7, 2011 (GLOBE NEWSWIRE) -- Luke Entertainment, Inc.'s (Pink Sheets:LKEN) AccuBrite ( www.accubrite.com ) executives have entered discussions with decision makers at a household name mega-chain for product orders within the company's FreeInk4Life™ line. Executives feel that the product's cost-efficient, convenient solution is a perfect fit for the chain, which has 8,500 stores in 15 countries with 55 different names.
AccuBrite founder and LKEN CEO Lenny Greene is "very pleased with how the product is being received by retailers, and I'm confident we'll have success here too. Discussions are in early stages at this point, but we're talking to the right people and I believe it's not if we'll come to an agreement but rather, how soon."
The company expects to have updates in the near future on discussions and plans to release updates on its 2011 marketing rollout via various media outlets toward a running start for product sales and increased revenues.
AccuBrite, Inc, creator of FreeInk4Life™, has developed a family of 25 "Do It Yourself Ink Cartridge Refilling Systems." All refilling tools, accessories, filling stations, interactive CD-Rom instruction manual, 24/7 customer service / tech support and license to unlimited FREE ink refills are included with our kits within the FreeInk4Life™ family of products. Consumers can now save thousands of dollars annually without replacing their inkjet cartridges using ABI's top of the line refill kits.
Stock Trooper: Now in the PR it said: "WHICH HAS 8,500 STORES IN 15 COUNTRIES WITH 55 DIFFERENT NAMES."
Now here are two sources of referance:
One is from Wikipedia (www.wikipedia.com):
Wal-Mart Stores, Inc. (formerly branded as Wal-Mart, branded as Walmart since 2008) (NYSE: WMT) is an American public multinational corporation that runs a chain of large discount department stores and a chain of warehouse stores. In 2010 it was the world's largest public corporation by revenue, according to the Forbes Global 2000 for that year.[6] The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. Wal-Mart, headquartered in Bentonville, Arkansas, is the largest majority private employer[7] and the largest grocery retailer in the United States. In 2009, it generated 51% of its US$258 billion sales in the U.S. from grocery business.[8] It also owns and operates the Sam's Club retail warehouses in North America.
Wal-Mart has 8,500 stores in 15 countries, with 55 different names.[9] The company operates under its own name in the United States, including the 50 states. It also operates under its own name in Puerto Rico. Wal-Mart operates in Mexico as Walmex, in the United Kingdom as Asda ("Asda Wal-Mart" in some branches), in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Wal-Mart's investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful.
The next source from Investors Relations of Walmart (investors.walmart.com)
Unit count information as of December 31, 2010
Walmart U.S. - 3,796 total units Walmart discount stores (710) Supercenters (2,899) Neighborhood Markets (181) Marketside (4) Supermercado (2) Sam's Clubs - 608 total units Walmart International - 4,434 total units Argentina (55) Brazil (461) Canada (323) Chile (270) China (Walmart 207; Trust-Mart 104) Costa Rica (179) El Salvador (78) Guatemala (175) Honduras (56) India (5) Japan (413) Mexico (1,664) Nicaragua (59) United Kingdom (385) Total Wal-Mart Stores, Inc. - 8,838
Folks this is the real deal, this stock is a keeper! I just like everyone on this board want the facts and make confident investments. If you do not believe in this stock then you need to call them directly ask questions (like many on this board did and what a difference did it make) or place an order for their product ( again what a difference it will make) and also due your research!
I am long on this stock, this thing will pop in just a matter of time!
To me I this stock is like discovering IBM when it was young (now i'm not say the ppr is going to be $50. or $100.00 stock) or findind a gem in the trash can.
Good Luck To ALL... Go LKEN
If you still don't believe the deal underway is with Walmart, I'm not sure how much more evidence you'll require!
