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Frankie.........Look at Kahala Corp. They
are the parent comp. to a string of francises
like Frulatti, Taco Time, Rollez, etc. and they
were trading at the .09 cent range. I don't know
the o/s but I'll bet its nowhere as much as
gfyi 6 Billion o/s. For this stock to ever make
money we would have to have a new CEO, one that
would put the time in the company and not
give himself a coorporate level salary ($300K). Secondly
reduce the number of O/S by at least 50%, even then
3 Billion o/s is still very very high for a company
specializing in weak soda shop francises. The only
way this stock will ever amount to anything is if
it changes hands. Ed is out for Ed........period
he will milk this for all its worth then move
on a create another company and do the same thing
you can take that to the bank............
Greek stands and Ice cream joints.
Ice Cream is a big seller and mover. yaaaa I am for that.
remember location, location..location!
real
His money pit is drying up. I know he is not
making money off the juice bars. Why? Kahala
Coorporation wanted to dump them because they
were not profitable and Ed came along with
our money from the sale of GFYF. bought the
ailing franchises, awarded himself a cool 70K
commission for each one that we bought. Now he
is going to have a very hard time making his
25K a month salary. His continued sale of the
stock will cause it to drop further and further
to the point he will have to do another
reverse split. When was the last PR? Since he
can't sell enough stock to pay his huge salary
he certainly can't afford to buy anymore
Frulatti franchises. So now it's a Geek stand
alone cafe, next it will be Chinese, then a
Japanese Sushi bar, then a good humor ice cream.
Remember he will have these businesses long after
we are history.
truck, get the point? All this time taking other
peoples money and making them Squell. You go big
Ed. Give these lowlife investors a good squell.
Actually their has been no volume. So I can't see Big Ed funneling off money forever.
A chain of gyro and baba ganush joints might turn a buck. Location location location.
real
Frankie are we the last posters
on this G.. forsaken board. I think
Big Ed has managed to quiet the waters
by taking all the money away from
investors that beleived in him. I only lost
5K but I'm sure there were bigger fish to
be fried. If you have ever seen
Deliverence, Big Ed was the character
that made the dude squell like a pig.
Frankie I think this board is going
to die of athrophy. May not see anymore
post after this one. It's dead, so is
GFYI. Ed is still hawking his 3 billion
shares, afterall, thats the only way he
meet his own 25K month payroll. Poor
unsuspecting buyers are going to get
the Squell feeling over and over and
over again. Ed loves to do that!!!!!
So whats the deal Big ED? Lets ditch the smoothies and open a chain of Gyro Joints... hey we can always get a subway franchaise. Lets go .... we are trading nothing. My paltry POSition is not going anywhere fast.
real
argh argh ya got to play them small sometimes.
there might be life in this one down the road.
real
Frankie I feel another reverse split is on the way.
My 1,800,000 now 6,200 next 10 shares m/l. Oh how sweet
it is to get a royal scr--wing. Got to say thanks to
big Ed. the man knows how to do it better than most.
Afterall he is a psyc major. "What goes around, comes
around" take that to the bank ed.
From hundreds of millions in volume to nothing..... good way to run things.
real
Hi again:
We are a private company with a multi award winning drink. With obesity in kids the # 1 issue among the beverage honchos is what to put in vending machines since schools and govt regulators are banning soda.
Milk is the answer of course and that is why Coke launched Swerve, Cadbury Schweppes launched Raging Cow and Pespi is launching Quaker Milk Chillers.
Sadly though, those flavored milk drinks are as bad as soda filled with sugar, sodium and calories.
Our Kool Cow is milk based, "carbonated" and has only 2gs of sugar and 25 calories!
We have filed a Reg D 502 Private Placement Memorandum to raise 1 Million dollars for seed and operating capital.
All those interested can email me for a copy of the PPM.
All the best
Jeff Kaplan, Pres
The Sparkling Milk Co
www.sparklingcow.com
email= sparklingmilkco@aol.com
Best of luck. Let us know how your meeting with Disney went.
Are you on the otbb? Do you plan to get on sometime in the near future? Where is your product sold?
Hi Yelmight
Sorry there are no distributors yet in your area. We are just starting out.
It appears the GFY Foods deal is puttering out. I asked for registered shares and cash over a week ago and to date no reply from Ed.
Wish me luck with my upcoming Disney meeting.
All interested parties, please email me for our PPM.
All the best
Jeff
Koolcow...I live in the Great Northwest, are there any
Sparkling Milk distributors that sell your product? I
would like to try it then will give you my take on it.
I lost 5K to gfyi so I'm not a great fan of Ed nor the way
he does business. Of course I would like to see him succeed
because I still have a few thousand shares (value 125 dollars)
what a joke. Ed if your reading this post, I just want to say
"Thanks, you S.O.B." What goes around comes around.
Good make GFYI lots of cash ... maybe my shares will be worth a dollar some day. :)
real
If your product is as good as touted (sorry, haven't heard of it), there there will be a whole lot of other companies better than this one to do business with. but if you want to sell to little ed, do it for cash.
WALT DISNEY WORLD has just called The Sparkling Milk Company showing interest in their Kool Cow Sparkling Drinks.
Clarabelle may be making a return to the new generation of kids and she will be promoting Kool Cow Drinks. Do some research on The Sparkling Milk Comapny and email them for a complimentary copy of the Private Placement Offering Memornadum. Their email is
sparklingmilkco@aol.com
www.sparklingcow.com
Can someone kick Ed so he puts-out a PR and GFYI starts trading this morning? Thanks.
P
Hi Folks:
Jeff here from The Sparkling Milk Company.
I need your input.
Should I sell my company to Ed for registered shares with a one year restriction?
Our product "Sparkling Cow" just won the 2004 Editors Best Pick Award from Progressive Grocer Magazine!
Anyone interested in my Private Placement Memorandum, please email me for a copy.
All the best
Jeff Kaplan, Pres
The Sparkling Milk Company
www.sparklingcow.com
Koolcow read my post. 188 and take it from me
dealing with Mr.Ed is like dealing with the Devil.
He has a degree in psychology and he may have
learned that the easiest way to a person's wallet
is to appeal to their greed. We are all suckers for
an opportunity to make a buck or two, for that very
reason we play the penny stock and like prospecting
for gold we are vulnerable to predators like Ed W.
Be careful!
look at their earning statement - they have no capital...and don't let little ed sweet talk you into exchanging his company stock as part of the purchase price - his capital is is the money he raped from investors. Sounds like your product is too good to be associated with little ed and his organization.
The funny thing is if he hits the right X-factor. The next food fad, he could come out smelling like a legit rose.
Guess that is why; "Do the Due" If you don't like the scheme you can sail on to another.
real
Good post. Thanks. Resembles in part gfyf
and the notorious Mr. Ed. How in the world
can an individual with nothing, form a company
promote its stock and use the proceeds for
not only acquiring franchises but also to
be handsomely paid for it at the same time.
There are some very questionable tactics.
At the time that I bought into it, daytraders
were having a ball with it buying and selling.
Over 1 billion shares traded that day and
it closed at .0050. The board reflected a
a 52 week high of $5.00. and a low of.0025
That was false Gfyf was never at 5 dollars
at any time. Mis-leading to make it look
more attractive than it was. I bought on that
speculation. A month after I was in, Mr. Ed
submitted an sec filing that increased his share
to 6 Bil and self appointed himself as the
president of gfyf. Also maintained 70% of the
stock to avoid the possibility of any take over.
He also awarded himself a 25K month salary and
an aquisition bonus of 70K for each Frulatti
juice bar that he purchased with the sale of the stock.
He pumped and dumped several billion shares and
flatlined it at .0002, no longer able to generate
enough capital to pay himself 25K a month, he
filed for a reverse split 1 for 250 shares. Now
the new detailed quote shows it at a high of 1250.
It never opened at that level. It opened at .05 and
fell to its present level of .0165. He continues to
pump and dump. Hurting a lot of unsuspecting
investors in the penny market. I would love to see
Date line or 60 minutes do a segment on this crook
so the world can see how he has managed to rob
so many people. Does anyone know why gfyi stopped
trading at 11:49 today. I hope the SEC takes some
kind of action against him. I would have never bought
had I of known this person's greed.
Comparing this to WNMI as far as I can see is like apples and oranges. I just don't think ED is quite in tune yet. I don't mind a guy making money but after it at least has a definite direction. What attracted me to it is food is a great seller in itself. Ice cream, Gyros, Ice's How about frozen smoothies on a stick made at the Smoothie bars for delivery to picnics.
I still think I got raped with the RS but I did not have that much and I always played this one small...... Wish I would listen to myself more :) Brusied cause I was runnin' to da bank.
real
Does this ploy look a little familiar?
PIPE Deals Smoking
By Christopher Byron
The New York Post
June 1, 2004
It didn't get much attention in the press, but in a Tampa, Fla., courtroom last week, the Mafia's much-chronicled rampage through the penny-stock market a decade ago officially came to an end, with sentences finally handed down for the four top remaining insiders in the case.
So is the so-called "microcap" end of the stock market any safer a place to put your money now that the bell has finally tolled for men like New Jersey crime under-boss Philip Abramo and his henchmen? Don't count on it. Just as Henry Kissinger once observed of diplomacy, each solution simply opens the door to the next problem, and on Wall Street, from behind every door wafts the scent of easy money.
This week we follow the beguiling aromas of Wall Street's newest penny-stock ploy - the so-called PIPE deal (for "private investment in public equity"), a kind of new-and-improved version of the so-called Regulation S deals on which Abramo and his crew feasted back in the 1990s.
In "Reg. S" deals, men like Abramo were able to cheat the market by orchestrating penny-stock pump- and-dump schemes while hiding behind the veil of offshore brokerage accounts held by local nominees in places like the Bahamas and the Netherlands Antilles.
In the new version, the hiding goes on in plain sight, via self-styled "micro-" and "small-cap" hedge funds that often function as willing patsies to pump worthless stock onto the market at outrageous prices.
Some on Wall Street say that more than $12 billion has been raised already from PIPE deals of all sorts. One trade group publication, the so-called PIPEs Report, estimates that close to $8 billion of fresh money has flowed into PIPE deals since January alone, with close to $1 billion of it funneled into itty-bitty transactions of $2 million or less - the typical-sized deal for an obscure penny-stock issuer.
In fact, however, no one can really see the full picture for any of this since the whole point of such transactions is to keep them free of regulatory oversight and control - the exact sort of conditions that sooner or later brings on the swindlers.
Hedge funds are attractive customers for PIPE deals because the law treats such funds as "sophisticated" investors that don't need any help from the SEC in order to decide where to put their money. That apparently applies even when the funds are pouring money into the same sorts of troubled penny-stock companies that outfits like the Abramo crew exploited in their Reg. S swindles of the 1990s.
One such company, American Stock Exchange-listed Magic Lantern Group, Inc., has no working capital, no tangible net worth and no cash flow, and keeps producing quarterly net losses that exceed gross revenues. What's more, nearly half the company's stock is held by the court-appointed receiver of New York's Mob-connected Lancer hedge fund, which was shut down by the SEC following disclosures first published in this newspaper two years ago.
Though the stock is currently trading for 90 cents a share, the company has no obvious market value at all. Yet it was nonetheless able to raise $1.5 million from New York's Laurus family of penny-stock hedge funds.
Why would Laurus invest in such a company? One answer can be found in the deal it got, which boils down to 7.1 million shares of Magic Lantern stock, or 10 percent of the entire company, at less than 26 cents per share - a staggering 71 percent discount from the price that everyday investors had to pay in the public market. As a result, even if Magic Lantern Group's share price falls by 50 percent by the time the Laurus folks decide to bail out, they'll still be able to reap a stunning 80 percent profit on the deal while outside investors get hosed.
Or consider Summus Inc., an OTC bulletin board-traded company with a colorful past. At various times this company has functioned as a plaything for everyone from Vancouver penny-stock promoters to a North Carolina man who began his career peddling horse shampoo as a cure for human baldness.
These days, Summus claims to be in the business of developing "applications and solutions that optimize the consumer wireless experience," which basically involves selling photos of fashion models in bikinis that you can download into a cell phone.
The company's new boss, who's been on the job since February, says business is going great.
But apparently, it's not going quite great enough. During the first three months of this year, cash in the kitty fell by 86 percent, and by the end of March it was down to $300,000. In the process, the company's day-to-day working capital evaporated and the company plunged into insolvency, even as net losses soared by nearly 75 percent while the company's deficit in operating cash flow jumped by nearly 35 percent.
So is Summus a smart investment? At a current price of a mere 18 cents per share, the stock hardly seems to have many fans. But last month, the company was able to raise $2 million in a PIPE deal in which nearly 43 million shares of stock were offered at the equivalent of roughly 4.5 cents per share, or a 75 percent discount from the market price.
Nearly 40 percent of the Summus PIPE went to a penny-stock player named Joseph D. Samberg who runs hedge funds in New York and the Cayman Islands. Now Mr. Samberg is undoubtedly a fine individual, but he has a habit of turning up in deals with men whom you wouldn't want your daughter to bring home to dinner.
In October 1999, Samberg's funds paid roughly $15 million for about 2.5 million shares of a NASDAQ-traded company called Futurelink Corp. Thereafter, the company's stock price surged from $8 to nearly $36 per share, after which it precipitously collapsed in the early months of 2000, settling eventually in the pink sheets at its current price: roughly 1/100th of a cent per share.
There is no evidence that Samberg or his fund were knowing participants in what was obviously a well-orchestrated pump-and-dump heist, which wound up lifting an amazing $2.5 billion from the market. But he should have known who he was getting in bed with when he handed over the money.
For one thing, only two months before the deal, the company fired its founder and CEO, a Canadian penny-stock promoter named Cameron Chell who had recently run into problems with Canadian regulators and been banned from the Alberta Stock Exchange.
And not long after Samberg became an investor, the company filed papers with the SEC acknowledging that "persons formerly associated with our business may have engaged in unlawful activities designed to manipulate our stock" - an apparent reference not just to Chell but to others who had been associated with him at the company.
Chell, whose previous business associates have included a confessed Internet stock swindler from Illinois and a Canadian penny-stock promoter now awaiting trial on criminal charges in Miami, was not about to let his ouster from Futurelink slow him down. Two years ago he sold a company he controlled - the aforementioned Magic Lantern Group, Inc. - to a Canadian company that promptly resold it to New York's Mob-connected Lancer hedge fund.
Not every PIPE deal involves companies - and deals - as convoluted and fishy as these, and many of the larger ones are undoubtedly on the up and up.
But the smaller and more troubled the issuer of the stock, the fishier and more suspect the transactions become. And just because the Mafia is no longer in the game hardly means the game itself is going to stop.
As Glenn Frey reminds us in "Smuggler's Blues," the lure of easy money has got a very strong appeal. And that is just as true on Wall Street as anywhere else.
and don't forget, little ed gives the sellers stock in his company towards the purchase price...we should get together and file a lawsuit against little ed like several folks are doing against the warning model agency.
there is blood on the streets, this is the least of my dogs.... Its worth about a cheeseburger.... a smoothie cost more at this point.
real
Frankie-Frankie-fillet, you haven't posted in 2 days. What's happening? Does anyone know if Ed has made any headway in purchasing the geek restaurant. Does he plan on making that one a juice bar, here goes another 70K bonus if and when he does. Not bad, pays for the restaurant with our money then rewards himself again with our money, 70K no matter how small the business nor how little the aquisition price. I would say thats a win win situation for Ed. He builds HIS business with our money, gives himself huge bonuses, with our money and when we lose everything as I did good old Mr. ED is bankrolling the money. How sweet it is.
I made money on this before the RS... The reduction of 1-250 destroyed any leverage I had and the name change insured I could not trade at the higher price till the paperwork went thru... By then it dwindled.... lol I never kept a lot in this one that was the key.
real
I dont think anyone who holds gfyf has made any money other than the ceo himself imo. Will see, i guess we will be expecting more PR soon on the acquisition of the greek restaurent and this Kool cow drink..*snickers* Dilution galore and issuance of more stock. lets see what ed is up to now.
Mono
Who's to blame? Yourself....
Sorry to hear about your losses.
I have lost almost 18 grand on this stock. now only worth 2 grand. Im outraged but what can you do.. i also held after the reverse split as i was on vacation. If he continues to dilute our shares i might have to look in to some legal advice or something see if there is any illegal activity going on here. i read all the stock patrol articles.. And the chances of this stock heading to a 1 dollar well its possible with the O/S right now but keeping the A/S shares at 8 bil doesnt give me much confidence in this stock.
Monolith
Hi Guys
Sorry you are all having problems with this stock. Yes, The Sparkling Milk Company is in talks with GFY Foods. The plan is to use their capital to launch Kool Cow Sparkling Drinks.This plan will be utilized only if The Sparkling Milk Co fails to get a good response from its Reg D-504- Private Placement Offering.(Any one interested in the PPM may contact us)
The Sparkling Milk Company owns the exclusive proprietary rights to America's only shelf stable 2 year milk based "carbonated " beverage. This also includes 2 patents.
The drink was originally launched in 2001 under the name "White Soda" where it won Best New Product Award from Beverage Industry Magazine for its two flavors- Lemon-Vanilla and Strawberry. In 2002 it won Best New Product Award from New Products Magazine for its new flavor, "Orange-Creamsicle". The name was changed in 2003 to "Sparkling Cow" because consumers did not connect to the name White Soda. In 2003 Sparkling Cow again won Best New Product Award from: New Products Magazine, Beverage Industry Magazine and Bev-Net.com. In addition it won 4-1/2 stars from Bev-Net.com for flavor. It has just won Best New Product Award for 2004 from Progressive Grocer Magazine as well!! With obesity the #1 issue today, the formula has now been revamped. The drink now has only 2gs of sugar and 25 calories. This new formula is called "Kool Cow" and this is the version that GFY Foods may be interested in. Coca-Cola has launched a milk drink and so has Cadbury Schweppes. Pepsico just announced a new milk drink as well. BUT thses are all non-carbonated! Kids want fizzy drinks so Kool Cow is the answer.
The PPM offering is for 1 million shares at $1.00 a share. Please email us is you would like a copy emailed to you.
All the best
Jeff Kaplan, Pres
The Sparkling Milk Co
email: sparklingmilkco@aol.com
How can something be best new product 3 years in a row - once it is introduced it is no longer new....kind of like winning rookie of the year more than once.
why did you hold your shares though the r/s? man, that sucks.
Hey Koolcow, Ed is firing up the printing presses as we speak.... that should really make my shares cost more to sell than they are worth.
real
Not after ED took all my shares away.. LOL i got 12 dollars left. what is 900 shares going to get me at .0001 haaaaaaaaaaa
real
Okay Koolcow, I've already lost 5K, 1,800,000 shares now
down to 6,200 and worth less than 100 dollars. Where did
you get this information? If you got it from Ed. its BS
Ed is an evil person, his appetite for greed, is the only
driving force that he has. I am convinced that he is without scrupels of any kind. A low life piece of excrement. He is
in my opinion a predator that will rob, cheat and steal to get
more money in his pocket.
GFY FOODS possible new acquisition will bring up your shares values!
Hang in there with your shares... GYF Foods is in talks with The Sparkling Milk Company- This company owns the rights to the only shelf stable (UHT) milk based "Carbonated" beverage line in America! Obesity in kids is the #1 issue today. Due some research on their award winning beverage lines called "Sparkling Cow", "White Soda" and their new reformulated line called "Kool Cow" which has only 2gs of sugar and 25 calories. Rated Best New Product for 2001, 2002 and 2003. Also won 4-1/ Star rating at www.bevnet.com
I take it you lost a lot... :(
real
Ed screwed us all. He will continue to do that
as long as he is able to manipulate his
position and compromise his integrity. Oops
I said he has integrity, my mistake, he is
nothing more than fecal matter. He is
a slimeball and most of all a crooked one.
Ed had managed to rape thousands of small
time investors so that he can line his pockets
with unearned cash. There is no difference between
Ed and a low life crook. Good family man, great role
model, proud son, these are not words that
fit Ed's profile. I can not post his profile
on this site. What goes around comes around.
Mr. Ed, you piece of excrement!!!!!!!!!!
Tick to oblivion...cost me more to sell it now. FIRE UP THOSE PRESSES
real
Actually, it would not surprise me to see it fight back to somewhere near the original bid - .05 or so. That would be a good time to sell before the real dump-selling starts.
Thanks guys for the info. Etrade also gets you for 20 dollars for the split.
your a goof.. lol
By then they should be subs again and worth a fraction of a penny.... ED you are one smoothie... take my shares to sell again... lol
real
Your shares will be resolved under the new symbol within a day or two. If you are still uncertain, just call ETrade, but this happens all the time.
I can now retire haaaaaa
GFYI GFYF - Daily Candlesticks, 0.02 +0.02 +11,900.00% 2004-7-13
The Frullati Cafe's in question do exist at the named locations (IL and IN) however obscure they're advertised...
http://www.frullati.com/StoreLocs/com.kahalacorp.locations.find.FindStore?viewAll=y&test=y
I'm forced to agree with the general sentiment about Ed and GFY Foods though - a complete waste of time and money. Anyone that has ever worked in a small food-oriented location would know that yearly profits of $70K (his single bonus per location) would be hard to achieve unless far out-performing the norm. I've got a sinking feeling that Ed will be doing this little Issue-to-R/S trick until he's either dead in the water or (by an act of god) becomes profitable overall many years from now (at which time any initial shares will have been reverse-split to the grave).
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