[Dlicious1]

FUNMAN I do not pay a subscription fee so I cannot reply back privately. Thanks for clarifying what happen to my post. Appreciate all your efforts on this board over the years. I will check in periodically old habits are hard to kick i suppose. Good luck friend.

[Dlicious1]

Well not sure why my last post was removed certainly did not contain any ill will. Oh well...I won't be stopping by much more guys...take care FUN, Soldier and the rest of ya. Catch ya on the other side...good luck to all!

DannoLiciou$

[FUNMAN]

All of my Castle Brands Alerts have been deleted and the Instagram, Twitter and Facebook followings have been "unfollowed".

[helpus]

Sorry should of said congrats longs

[helpus]

First contract longs how high do you see this stock going

[$oldier Hard]

Yeah I looked at them pretty hard last night FUN.

[PowerBull]

$ROX pivot got hit today. Going higher.

[PowerBull]

$ROX Pernod Ricard buys Castle Brands in $223M deal

[FUNMAN]

FYI - Pernod Ricard OTC Board (PDRDF)

https://investorshub.advfn.com/Pernod-Ricard-OTC-Board-PDRDF-17592/

I am going to start following here as I can find news.

[31twu]

Classic case of how insiders not doing the honest ethical thing can F--k up a good Product & operations for everyone involved .

[FUNMAN]

Pernod Ricard SA - This is a big company for the Pink Sheets ... but it can be bought as an ADR.

It also has a beautiful chart.

https://www.nasdaq.com/symbol/pdrdy/stock-chart?intraday=off&timeframe=3y&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off



Market Cap...50.2B
Shares Outstanding...1.3B
EPS (TTM, GAAP)--
P/E Ratio (TTM, GAAP)--x
Annual Dividend/Yield...$0.5706/1.54%
Ex-dividend...07/05/19
Volume(Average)...39,176
August 29, 2019 3:59pm ET
Closing Price
$38.00
Day's Change
1.03 (2.79%)

[31twu]

Also Very concerning to me for all the Jefferson brands & great Ocean Voyages..

Hope the law suits don't effect the good work Trey has accomplished over the years and partnerships with KAD

[someconcerns]

Fun, 31mm shares traded. Sounds like about half your portfolio.

[FUNMAN]

I'm also wondering where's Trey in all of this. Jefferson's is his brain child.

[31twu]

I Doubt it ,Unless the other Higher Bidder is a (OTC PINK) Non-Reporting company and off shore Foreign shelter

[Golden Cross]

ROX Daily Chart...Large Volume

[Dlicious1]

I did take profit...most of the ones im holding are .78. Leaving some in the game just incase another bidder should step in.

[31twu]

WHY? Take the Money $Profits Today and live to fight another day.

[Dlicious1]

Sold 30k shares...holding 24k shares.

[31twu]

ROX & the PDRDF OTC PINK (Stinky Situation) Non-reporting Scam stock .

PDRDF @ $190.10 with very light trading Volume of 681 shares today.

I Guess PDRDF just only got some Bourbon assets just this week .

Classic PUMP & DUMP with foreign investor off shore Non-reporting company

Wouldn't Be surprised CEO,CFO,Board of directors don't lose their Asses in SEC Fraud fines$ for insider trading buying scheme.

Glad I sold in every dip & Pump along the way.

Just Hope the Great Jefferson Bourbon Brands can survive all these Games.

Maybe KAD will be ok too "Hope so"

I Will continue to collect All Jefferson brands "Especially the brands on the shelf Now! when the store managers tell me they are taking some brands once sold out of their inventory system not stocking again . Starting to happen with GRAND SELECTION Brand this month .Those will be my first target Buy

[whytestocks]

News: $ROX Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Castle Brands Inc. (NYSE: ROX) on Behalf of Castle Brands Shareholders and Encourages Castle Brands Investors to Contact the Firm

NEW YORK , Aug. 29, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Castle Brands Inc. (NYSE: ROX) on behalf of Castle Brands shareholders concerning the proposed merger with Pernod Ricard SA. Click he...

Got this from Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Castle Brands Inc. (NYSE: ROX) on Behalf of Castle Brands Shareholders and Encourages Castle Brands Investors to Contact the Firm

[someconcerns]

I would say, yes, another bidder might well pay $10mm more. Heck its just 4.5 percent.

The bigger question is whether management has been coopted already and wont consider another bid. What kind of stock compensation are they being given by Pernod

[$oldier Hard]

The question is would a 2nd bidder gladly pony up $10 million plus a higher bid?

I have the same question which is why I'm still holding half of my shares.

[FUNMAN]

Regarding Pernod Ricard:

I read this on Facebook from a Jefferson's follower - I will say this. The people at Pernot Ricard are wonderful people. In a different life I sat in many sales meetings these people love their brands and foster great relationships. They also were not shy about having premium brands being tasted at these meetings to let us reps taste their products. This is great news that more people can enjoy Jefferson.

[J-fire]

Thank you FUNMAN...I didn't come here for a long time. But when I was in deep doubt I came here and read the posts from you and $oldier Harde, that cools me off:).
Just curious what Pernod Ricard will do to the ROX? This company has business with China which is a huge market for alcohol consumption.

[FUNMAN]

Yes, I read that. The question is would a 2nd bidder gladly pony up $10 million plus a higher bid?

Merger Sub will begin the Offer as soon as reasonably practicable and no later than September 19, 2019,

I'm also wondering whether or not they are already acquiring the shares at $126 - $1.27?

[rlee47]

As a long time consumer of many of their products I was waiting for them to turn the corner on profitability and seeing at a lot of overhead resistance to be chewed through going forward, took 20000 share bite on July 11th. @$0.61. Didn't think twice about selling today for a double, because it exceeded my loss/profit collar parameter. 50 years of investing has taught me that you have to have discipline, up and down even if you might leave some dough on the table.

[Honeycomb777]

One more Whiskey, please - Smooth ! Win some / lose some - nice to have a WIN with one of my plays. GLTA

[Honeycomb777]

Took a starter last week !! Rox On

[Ramses Bond]

Great time to add .. $ROX

[someconcerns]

Specific wording regarding competing offers:

The Merger Agreement contains representations, warranties and covenants customary for a transaction of this nature.The Company is subject to an agreement to not solicit Takeover Proposals for a period commencing on the date of the Merger Agreement until the earlier ofthe Effective Time and termination of the Merger Agreement or, subject to the exceptions that the Company may enter into discussions concerning orprovide information to a third party in connection with a Superior Proposal and the Company Board may, in response to a Superior Proposal or InterveningEvent, under certain conditions, make a Company Adverse Recommendation or, solely with respect to a Superior Proposal, terminate the Merger Agreementin order to enter into an alternative acquisition agreement.The Merger Agreement also includes customary termination provisions for the Company and Merger Sub and provides that, in connection with thetermination of the Merger Agreement under specified circumstances (including, without limitation, before receipt of any necessary shareholder vote, theCompany Board authorizing the Company to enter into an alternative acquisition agreement regarding a Superior Proposal or the Company Board changingits Company Board Recommendation), the Company would be required to pay Parent a termination fee of $10,000,000 (the “Termination Fee”).Under the Merger Agreement, (I) each stock option outstanding as of the Effective Time will be fully vested and cancelled and converted into the right toreceive an amount in cash, without interest, equal to the product of (a) the aggregate number of shares of Common Stock subject to such stock optionimmediately prior to the Effective Time, multiplied by (b) the excess, if any, of the Offer Price over the per share exercise price of such stock option, less anytaxes required to be withheld, and (II) each restricted stock award outstanding as of the Effective Time will be fully vested and converted into the right toreceive an amount in cash, without interest, equal to the product of (a) the aggregate number of shares of Common Stock in respect of such restricted stockaward multiplied by (b) the Offer Price, less any taxes required to be withheld.

[Dlicious1]

https://www.sec.gov/Archives/edgar/data/1311538/000149315219013465/form8-k.htm

[Crazy Money]

I MIGHT DESTROY DA $1.27 WALL ...

just for fun and just sayin'

[$oldier Hard]

I was thinking/wondering about that last night.

[Retailman-71]

First off, congrats to all holders. We all feel it's been a long journey. Am glad to move on and have more "Fun".

The CEO of Ricard was on Bloomberg about 4:10 am C.T.this morning talking about their remarkable growth the past yr. with a brief mention of the Castle Brand purchase. ROX will be in good hands.

I too thought C.B. would sell for more. Until the fat lady sings, you never know. Good luck to all with your investments.

[someconcerns]

Agree completely

[FUNMAN]

I wonder what happens with Steve and KAD? kyartisandistillery - Meet Steve... founder of Kentucky Artisan Distillery and creator of Whiskey Row Bourbon. It was Steve’s vision and experience that helped turn @kyartisandistillery from just an idea into what it is today and what it will be in the future. Say “Hi” to Steve & the rest of our knowledgeable staff when you take a tour at the home of @jeffersonsbourbon & #WhiskeyRow #Bourbon!

https://www.instagram.com/p/B1vzy6QFUao/

[FUNMAN]

For all of the ROX naysayers, I couldn't stop buying in the 50's.

Everyone who reads this board knew I thought it was a bargain based on fundamentals.

That's also why I agree with you. The price is too low. But with insiders holding about 42% of the O/S, it's virtually impossible to stop the deal to search for another buyer.

Considering how long they have been pursuing a sale, I agree with SOME, there isn't another buyer, and that's why we are stuck with the $1.27 price.

[FUNMAN]

I sold some. Happy to have some FUN cash for the next penny.

Have a standing order to sell more at $1.27.

Presently intending to hold 60% - 75% until the deal is done just in case someone steps forward with a competitive offer.

Of course the buyer would accept the long term debt. The interest rate is attractive, and the loss carry forwards will be extremely beneficial to a profitable company.

With some aged inventory being more than 4 years old, and all of it valued at cost, the "multiple" at wholesale should be very attractive.

I think they sold at a low future book value. So just in case a competitive offer comes forward, I will keep skin in the game.

But I also think today is the last good day to get out before the ink dries, unless another offer comes in.

[J-fire]

I just hate that how they manipulated the pps this year to force ppl give up their shares. I'd have sell my shares if I don't have faith. I also don't think the buyout gives ROX the fair price...

[J-fire]

I am holding. I have higher expectation for ROX.

[Dlicious1]

Anyone sell yet? I am holding.

[Dlicious1]

Yeah i Agree...be bought out for a fair price....this is highway robbery.

[FUNMAN]

Insider Investor presentations have been touting the value to an acquiring company for 3 years. Anyone who read them knew all along their goal was to sell the company.

My only beef is, now that they finally were going to be sustainably profitable, they pulled the plug for such a low PPS.

ROX has been very good to me, but I expected much more.

[someconcerns]

Their periodic presentations clearly appeared to be aimed at selling the company, at least to my eye.