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Exactly, I thought we found a good company and we did. Management screwed us. I’m just flabbergasted that the buyout went through. It was a no vote to sell at $3 from last I recalled. I live an hour away from Boulder. I’m so tempted to drive up there and be like wtf. Doubt I get my foot in the door but, I’m sure tempted. Guess all that extra money I was gonna throw at AERO will just go into ERJ, pffff. Sad days guys. We’ll get ours!
We found a good company in AERO and that's our reward. $3. Idk how they got away with this.
You should contact both companies to ask when the buy-out will be paid.
There are going to be some lawsuits for sure. I thought the buyout at $3 was voted against. What gives?
Any idea when? I didn't see it in my account and my AERO shares went to 0.00
Holy crap I thought for a minute that we got suspended.
AERO: Merged with Scotts Miracle-Gro (SMG); Shareholders will receive $3.00 per share.
FINRA deleted symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
Hello everyone,
I have some VERY old shares of "AERO Performance Prods Inc Com". Is this the same company I bought? years ago? Thanks for any information you can give me re this.
WWOE88
Headed up 6-12$
It could be that the $5s & $6s were only a short-term promotion. I'm not saying $5s & $6s won't return in the future, but we may have to wait 2-3 years to get there. I've seen this type of thing dozens of times before......
Yea, what made it lose the 5-6's?
Down from where? The $6 high?
AERO: I care what is up with this stock, did it go down because of cash distribution?
LoL! I see nobody's paid enough to care!!!
Saw a 120-second commercial on Fox News.....
....they played it MANY times just two weeks ago!!!
Saw a 60-second commercial two nights ago.......
I am also looking forward to their Grow Everything Appliance (GEA) too. They say the market for it is a billion dollars worldwide, so it will be interesting to see how much of this market they can actually end up capturing. I also wonder what their margins will be on this product, but in their 10-K they stated that their newer products have higher margins so maybe this will hold true with the GEA too. I have several questions though so if anyone could answer them that would be great.
Even without their new and likely best selling future product, their most recent earnings report still showed sales increasing over 3x y/y due to COVID-19, and they expected that growth to last for their full fiscal year of 2021. That sure is some confidence, so how accurate has management been in the past when it comes to guidance?
If that is the case, their net income could be around 20 million this year alone since they won't have to pay taxes due to NOL's. What are you thinking their net income could be this year?
If they do end up making 20 million this year, what kind of multiple should this company receive? Let's just say management is right and sales do increase over 200% this fiscal year. What will their sales be like in the years after that? Will they go back to normal, decrease, or increase? A lot of that will depend on the progression of the virus/vaccine, but their new product launch this upcoming quarter does give me hope of increasing sales from here on out for years to come. Furthermore, I am looking forward to actually seeing what their GEA looks like, but it sure sounds interesting and promising.
It appears to me that this company is undervalued by quite a bit so long as management is correct in their estimation of sales being up over 3x y/y for their current fiscal year. I would think that estimate doesn't even include the GEA, but I am not positive on that. Also, does this company have any recurring revenue? It looks like their seed pods need to be bought for each new crop, but I don't know the margins on that product or what % of their overall revenue it is since in their 10-K they attach "accessories" to their seed pod sales. Any insight would be greatly appreciated, especially since I have never used any of their products. Thanks!
Hopefully much higher, been a rough few years for this ticker. Hoping the Grow Everything Appliance will sell well when released next year. Hard not to like this company in the long run with Scott's/Miracle Grow owning 75% of it. Few years back they issued a dividend that is more than the current share price when Scoots acquired more shares.
How high will she go? My godnes...
Good to see, wish they were bigger.
Different company, back in 2007 this was still a privately held company. Now its public and a subsidiary of Scott's Miracle Grow.
Hello. Can anyone here tell me if this symbol (way back in 2007) use to be AERP ? Thanks for any help you can give me.
Yuck! Nice punch in the face to start my morning.
Still long term hold!
Company will become profitable this quarter, why on earth would anyone be selling their shares here for only $2?
I know the stock hasn't really done anything for awhile but this is defiantly not a $2 stock in the next couple years.
AERO-GROW - is a Amazon deal of the day for cyber Monday again this year!
Way to go AERO marketing team, keep up the great work!
Strong financials,
Looking forward to seeing the next batch after the Christmas season!
Strong financials,
Looking forward to seeing the next batch after the Christmas season!
Nice day, glad Sessions resigned. Hopefully more green tomorrow, a little volume could do wonders.
Right. So its only on the list cause SMG.... got it
As of now basically nothing but the idea IMO is to establish a brand line that is in Walmart, Lowes, Home Depot, Target, Bed Bath and Beyond and create brand awareness Like they have been doing these last few years. They are continuing to release larger and larger AERO-GROW systems and strengthen the financials. As laws continue to change i believe they will release MJ specific Aero-Grow gardens with the same type of Seed Pods but with strains like White Widow, Green Crack, OG Kush, Girl Scout Cookie. Most of their distributes are LARGE box stores and most of them wouldn't be happy selling marijuana growing systems yet because of the federal laws.
In your DD i'm sure you found out Scott's-Miracle Grow has bought out the majority stake in AERO and is issuing loans at reasonable rates to fund our expansion. Things have never looked better for this company, strengthening financials, growing revenues and improving sales verticals. AERO IMO is a sleeping giant in the industry but not yet in the industry if that makes sense. But when AERO joins the party they will have the best sales verticals in the business and a trusted known brand name to sell their products under. Might not be in the next few years but this stock is a long buy and hold here, heck they might even break even this year W/O the marijuana aspect of the business. Great green days ahead here in the future. Hope this helps, happy trading/investing!
Possible investor. I'm confused. I personally own an Aerogarden. I love the product! However, I'm very confused as to why this stock is on the list of pot stocks? What foothold do they have in the cannabis market?
ACCUMULATION!...now just need some analysts to initiate coverage. It should be coming, this company is due to turn a profit as early as next Q.
;P Loving it! Great volume!
Imagine what volume in the millions could do here ;P
Very impressive growth, looking forward to seeing the rest of the year play out!
Earnings just out...Q1 Rev rose 52% to $3.7M
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20180813:nGNX6ql3v2
Looks like Scott's gave AERO another 6M loan to prepare for this winter. 10% interest.
Scott's ownership continues to grow.
Nice growth of sales within the company, hopefully this next year of financials bring the same. 35% growth in a year is pretty solid.
I don't think there will be anything major, hopefully just continued growth in sales and improved margins.
I haven't really looked in 6 months or so but AERO should be getting close to being profitable.
That would be a big step.
I believe earnings after the close today, as they have a conference call tomorrow(a.m.?) Any thoughts?
AERO has the best sales verticals in the business.
They do not have a bunch of publicity but are growing very steadily.
And... They have not released any AERO-GROW gardens that are MJ specific, my guess is they are waiting for changes on the federal level. Whenever they do release those products they will be in every Home Depot, Walmart, kohl s, Bed bath and Beyond and many more right along side the normal Aero-Gardens.
Might take a few years but IMO this is one of the safest "MJ" stocks on the market.
Watch out for the SCAMS, the MJ sector is filled with companies pretending to be in the MJ business but their only real business is selling shares.
Check their financials
*Should have substantial revenue - Millions
*Should have financing in place - Not issuing tons of shares for 50% off the lowest 52 week closing price incurring 10% interest to debenture holders
*Should have a A/S in the millions not billions
Lots of pretenders out there.. Make sure to do proper DD and GOOD LUCK!
Happy, the Co has been quiet aside from last few quarterlies. SMG is their parent Co and they own an 80% stake. I consider it a safer play then straight MJ stocks as they sell LED grow units for all types of plants. They seem to have a firm footing into large retail stores as well as Amazon and other online vendors. Signs of paying off debt and getting leaner here...time will tell.
Hey guys, I'm a new investor and just getting into Pot Stocks. I got some shares in Aero after doing a little research. Can anyone tell me what's the latest with this company? Thanks.
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11/30/16 - Scotts Miracle-Gro Exercised its Current Outstanding Warrants, Establishing an 80% Beneficial Ownership Position
http://seekingalpha.com/pr/16680796-aerogrow-reports-scotts-miracle-gro-company-exercised-current-outstanding-warrants
*** Board of Directors declares a $41 million, $1.21 per share distribution
Great News out!!!http://seekingalpha.com/article/4023111-aero-grow-attractive-cannabis-play?auth_param=1683hs:1c2jll1:0e74a86dc5d973d723c5710a147bca8f&uprof=82&dr=1
About AeroGrow International, Inc
Growing fresh food and flowers lifts the spirit and nurtures the soul. But for most people, the nurturing ends when winter begins. AeroGrow founder Michael Bissonnette said, "Wouldn't it be great to have fresh herbs, flowers and veggies growing in your home, any time of year?". So he and a group of like-minded innovators married that notion to aeroponics, a highly efficient gardening technology in which plants grow in water, nutrients and air.
After four years, dozens of prototypes, and hundreds of seed evaluations, the AeroGarden was born and today there are over 500,000 enthusiastic AeroGarden customers. Michael is awed by the response. "It's amazing", he says. "We grew some basil, and started a revolution."
Corporate Overview
AeroGrow is the creator, manufacturer, and marketer of the AeroGarden line of indoor gardens for consumer markets worldwide.
The AeroGarden line is sold primarily through our direct-to-the-consumer efforts via our own catalog, the web, and through TV commercials and infomercials. In addition, AeroGardens are sold through retailers worldwide, including Amazon, Ace and Canadian Tire and TV home shopping networks including QVC.
All of our gardening products feature our proprietary technology which allows consumers to garden indoors, year round, with no dirt, no weeds, and no green thumb needed. AeroGardens are complete indoor gardening systems with built-in, full spectrum grow lights, custom time-release nutrients, auto-feed, water and lighting systems, and "smart garden" consumer alerts for guaranteed success.
Since launching our first product in March 2006 we have sold almost 1 million AeroGardens and have expanded our product line to include multiple gardens with different form factors, price points, and consumer benefits.
AeroGrow also develops, manufactures and markets a variety of consumable products for use in its gardens. These seed kits, lights, nutrients and accessory products provide ongoing, repeat sales to the Company and generate continued engagement and interest from our user base. These repeat sales now account for approximately 35% of corporate revenues.
AeroGrow was founded in July 2002 and became a publicly-traded company on February 24, 2006. AeroGrow is headquartered in Boulder, Colorado and employs approximately 45 people.
Management Team
Mike Wolfe Greg Clarke John Thompson
CEO CFO VP Sales and Marketing
Mike Wolfe joined AeroGrow in April of 2006 as Vice President of Operations, was promoted to Chief Operating Officer in January 2010, and to Chief Executive Officer on March 31, 2011. Mr. Wolfe has over 20 years of senior level operations experience in the field of consumer products - with particular emphasis in direct marketing, order fulfillment, and customer service/telemarketing.
As Chief Operating Officer of Concepts Direct, Inc., Mr. Wolfe oversaw the launch, development and operation of seven independent catalogs (along with associated e-commerce sites) including the highly successful Colorful Images, Snoopy, Etc. and Linda Anderson brands. In addition, he was responsible for a fulfillment operation that managed 15,000+ SKUs and processed over 3 million orders per year. He held this role from the company's inception in 1992 and throughout its rapid growth to sales of over $80 million in just six years. The company's major catalog assets were later sold to the Taylor Corporation.
Prior to this, Mr. Wolfe served as Vice President of Wiland Services, Inc., a database management company that builds and maintains the databases of many top-flight direct marketing companies, including Sears, Dell Computer, Lillian Vernon and Prudential. Wiland was sold and became a division of EDS in 1992. He has also served as a consultant and as a Board member both to corporations as well as non-profit organizations.
Mr. Wolfe holds a BS degree in Finance and Marketing from the University of Colorado and received his MBA from the University of Denver.
H. MacGregor (Greg) Clarke is a high-performance, hands-on business leader with an exceptional record of achievement, impact, and success in senior executive roles at large multinational and middle market companies. Mr. Clarke brings to AeroGrow an extensive background in finance, operations, and strategy, as well as consumer product experience, having served as President, CEO and CFO at a number of high-growth companies during his career.
Most recently, Mr. Clarke worked at Ankmar, LLC, a private equity-owned, nationwide garage door manufacturer, distributor, and installer, first as CFO and later as CEO, where he successfully restructured the company's operations and managed the sale of Ankmar to strategic buyers.
Prior to Ankmar, Mr. Clarke served as Vice President and General Manager at Johns Manville Corporation, a $2.2 billion building materials subsidiary of Berkshire Hathaway Inc., where he was responsible for all operations and financial performance for the Building Insulation Division. Previously, Mr. Clarke served as Vice President, Corporate Treasurer and International Division CFO at The Coleman Company, Inc., a $1.3 billion NYSE-listed recreation products company, where he served during a period of substantial top-line growth. Mr. Clarke also worked for nine years at PepsiCo, Inc., most recently as Director, Corporate Strategic Planning, where he led strategy and planning for the worldwide beverage sector.
Mr. Clarke holds an MBA in Finance from Columbia University Graduate School of Business and a BA in Economics from Amherst College.
John Thompson helped found AeroGrow in July 2002 and was promoted to Senior Vice President, Sales, and Marketing in January 2010. Mr. Thompson was involved in all aspects of fund raising, product development, marketing and sales in the early days of the company. Mr. Thompson brings AeroGrow over 20 years of experience in management, direct marketing, sales management, and advertising.
Prior to AeroGrow, Mr. Thompson was a Director of Marketing for Productivity Point International (PPI), a $150 million dollar a year direct marketing and direct sales company in the consumer and business training industry.
Prior to PPI, Mr. Thompson was Sales and Marketing Manager for CareerTrack, a local, high profile, direct marketing company with $80 million in revenues, known for using innovative direct mail and telesales methods to sell personal and professional growth products to the consumer and business markets. For ten years Mr. Thompson was a key player, holding senior management positions in sales and marketing during CareerTrack's high growth years, when the company skyrocketed from $40 to $80 million dollars in sales in just 4 years.
In addition, Mr. Thompson was the founder and President of Innovative Marketing Solutions, a marketing consulting agency to entrepreneurial and high-tech companies.
Important Links
http://www.aerogarden.com/ http://www.aerogrow.com/watchitgrow.php http://twitter.com/#!/aerogarden/ http://www.aerogrow.com/overview/page1.php
Corporate Address and Phone Number
6075 Longbow Drive
Suite 200
Boulder, CO 80301
Website: http://www.aerogrow.com
Phone: 303-444-7755
Market Value1 | $21,607,417 | a/o Jul 06, 2016 | |
Authorized Shares | 750,000,000 | a/o Jul 06, 2016 | |
Outstanding Shares | 8,574,372 | a/o Jul 06, 2016 | |
Float | 5,318,061 | a/o Jul 06, 2016 | |
Par Value | 0.001 |
AERO extra DD links
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/AERO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/AERO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=AERO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=AERO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=AERO+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/AERO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/news - http://finance.yahoo.com/q/h?s=AERO+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/AERO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/AERO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/AERO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/AERO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/AERO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/AERO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/AERO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=AERO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/AERO
DTCC (dtcc.com): http://search2.dtcc.com/?q=Aero+Grow+International+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q= Aero+Grow+International+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Aero+Grow+International+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/AERO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/AERO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/AERO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/AERO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/AERO/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/AERO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/AERO/dividend-history
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=AERO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=AERO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=AERO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=AERO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=AERO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=AERO+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/AERO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=AERO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/AERO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=AERO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/AERO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/AERO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/AERO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/AERO/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/AERO
Market Watch(marketwatch.com): http://www.marketwatch.com/investing/stock/AERO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/AERO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=AERO
Bussinessweek(businessweek.com):http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=AERO
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