Galaxy Nutritional Foods, Inc. (fka GXYF)

[zsvq1p]

This is funny...

Did a checkup of the our webpage and saw this!

http://www.galaxyfoods.com/profile/whistleblower.asp

If'n the pps doesn't move up I'll be blow'n up.. LOL

[Wall Street Antiques]

Nope

Still own .1349% of the outstanding shares.

Debating whether if I need anymore.

2.65 million market cap w/ .11 P/S seems cheap, but I don't like the management raises, bonuses, poison pills, & such.

Think we need to cut some fat non marketing minded executive salaries & turn this company over to some management that cares about shareholder value.

Where's Fred at these days.

[nsomniyak]

we'll find out. either the sales are from someone who knows something or someone just out of patience. if the former, today's price is too high, if the latter today's price is an opportunity.

THat's a lot of shares on a thin stock. I am thinking that someone wanted to buy them--an out and out dump would have driven the price down even further than it did. Or so I hope.

[zsvq1p]

You bailed Wall Street?

I'm like a stuffed bloated cheeze ball here

[zsvq1p]

Seems like a bunch sold today... 115,186

1,246,450 shares in the past 15 days... The whole month of May 1,301,878 shares...

10K out in couple weeks...

[nsomniyak]

looks like someone wanted out before ethe end of May. I am assuming that this is due to a holder running out of patience rather than having info we do not. I could be wrong.

[zsvq1p]

Somebody has sold a boat load lately...

Royce & Associates is completely out!

[trade2much]

giff ++++++++ NI is good

[zsvq1p]

See how hard it is to predict!

Part one:

Part two:

What is funny... or not funny is that everthing expected happen except pps! the most important thing.

Those fund managers sold off and drove it into the ground.

[zsvq1p]

3rd Q 10Q - "We further anticipate that gross margins as a percentage of net sales for fiscal 2008 will be approximately four to eight percentage points lower than our fiscal 2007 annual average."

If you do the math with SG&A assumtion and they hit the range of what they say... then the 4th Q would look like this...
Net income at 4 pts = -$150,000
Net income at 8 pts = -$1,750,000


"We anticipate that the average price of casein will increase another 33% or more in the fourth quarter of fiscal 2008." Yet since they thought Casein would increase 33% and it didn't.. thus I say they should make a profit.

http://future.aae.wisc.edu/data/monthly_values/by_area/801?area=US&tab=prices&yoy=true

Also... since they are for sale, I predict they will not show a loss and did in fact get some price increases and cut some cost.

[zsvq1p]

I have casein flat since Nov and Dec.... At one point I had it all figured out.. just checked my spreadsheet and it's a mess now... I'll have to figure it out later... Right now, I have NI predict of $21,000

[trade2much]

Giff any word on the casein relative to relief or not?

[zsvq1p]

I expect a breakeven Q... That is pretty much the guidance...

[trade2much]

Giff the question is what is expected to be in it?

[zsvq1p]

10k should be out in a couple weeks or so...

[trade2much]

Hopefully not lol.

[zsvq1p]

He can't beat us down much more..

can he? LOL

[trade2much]

Giff he may well be, my only point is that it is not really of value since it is totally unverifiable and imo totally like water cooler gossip/slander that happened or didn't (maybe) 20+ years ago. Who knows?

With a company monitored board, this kind of crap can be more of a pain in the ..., rather than of any concrete use to investors.

I guess if you guys don't care and I don't currently hold the stock, it doesn't really matter to me if it has a negative impact or not. If however I owned it, this would not be welcomed as an investor, since it is unverifiable and is more character assassination rather than anything. Hell we couldn't even verify why anyone would post this BS orrrrrrrr if it pertains or doesn't to the company today.

[zsvq1p]

What's the story in plain english without all the extra bashing advice?

So he hate our CEO. I don't care for him either. I think he's overhead... Does he come into work everyday? It appears to me this company waste alot of money.

I'm not sure what he offers anything other then I guess he's a watch dog for Deluca.

[zsvq1p]

It's OK by me if POOR SOUL makes his post...

I personally think past founder was a total failure... from a shareholder's perspective.

[trade2much]

Wall Street other than it not being verifiable and also obviously being his personal agenda, not that of the company, or the stock, there is nothing wrong with it, however since the board is monitored by the company and the accusation has strong innuendo of slander, I think it is wise to steer clear of this type material since it is more a matter for the courts.

If you, or any posters wish to find out this sort of thing PM him and get his email address I'm sure he will gladly share it.

Since it is not particularly useful to know how one poster feels toward a a company official based on his *unverifiable run ins", I suggest he merely deal with the company in general. He may chooses to call the company a POS due to lousey management, that is fine no problem here, but that is different and a more general comment and not one with slanderous implications.

[Wall Street Antiques]

Trade I see nothing wrong with

Poor Souls post.

Personally I think we may need to institute a new board of directors soon.

[trade2much]

Well I did put 75+ as your age, and 85 is definitely a ++.
Sounds like you are very disgruntled, too bad you did not litigate if what you say is true and could be proven.

**You are very welcome to post about the stock, but without personal innuendo, so in the future please stick to the company rather than your run in with one COB, that will avoid me deleting posts and more than likely aggravating you in the process.

Bol and congrats on reaching 85 years young.

[POOR SOUL]

good mathematical attempt. I am 85 years old. The experience of having endured with my last ceo, whom his own exec v.p described as an ego-maniac, is not taught anywhere.

I was hired by the founder of the company, started a new division (to compete with the company's major competitor in another field) Spent 33 years, until separated. Reported to the GM, ceo, brother-in-laws of last ceo, pres. asst, financial v.p.(2), exec v.p. and finally the person of subject. Each stage, very difficult, virtually passed around from pillar to post. There came a time when, under incentives, my earnings were considerable. Eventually, disturbing my friend. I disagree with the premise that one's conduct, attitude or negative personal traits, does not affect the responsibility of a top official from producing results for the shareholders. A mind set of collusion, betrayal, non loyalty to anyone, self appointed mind analyst, using corporate (stockholder's money) for family, be it cars, credit cards, condimuniums, home repairs, personal entertainment, home repairs, etc. and other behaviors which some persons might decribe as immoral and sordid, must have an affect.
Government officals have been discredited for less, lost positions, shamed their families.
The most viscious act of all is go beyond human decency. An officer, separated after 33 years, should not be further punished (the coupe de gras) with threats to vendors and customers who reached out to engage my services, with threats of retalliation, if they continued to employ me. This was sanctioned and motivated by the subject "top gun". WHY was that necessary? I had almost reached the age of 65 and with it went a great deal. I committed no crime, dedicated my life to the business, had about year of vacation time accrued,WHY?

The surviving granddaughter of the founder and daughter of the ceo (prior to our friend's)manipulation to the throne (via the new owners)asked me a couple of years ago, what happened to my father?

[POOR SOUL]

The reality is that a ceo, a position which requires truly professional skill and based on merit, does not engage in manipulation of corporate charges to one of the company's divisions to cover up gross errors of a "protected" department. A ceo does not partipate in "secret" assignments of another officer of the company, especially assigning the officer's assistant to that mission. A ceo does not continue his persecution AFTER separation by threatening suppliers, vendors and even a major customer, with loss of business threats, when the 33 years of service and founder of the division attempted to continue his own obligations to earn a rightful need to earn income,whose services were welcomed by them. Like shooting a horse after it was dead.WHY? This is going beyond just being a tough leader. The founder's granddaughter, and daughter of the founder's son(preceding the ceo in this case) had authored a best selling book about her grandfather and the development of the company. She is now forced to work and after I was asked many questions about what really happened to her father. The ceo secretary, having had opportunities to "Learn" things from her,his personal conduct, and supportable revelations to later learn from others, was disgraceful

While seeking to invest in food companies, it was browsing that turned up the existence of this "xxxx" person.

[zsvq1p]

LOL... yep, several trades... from OTCBB page...
I guess some gave up on the fact they were not gonna get $18-19's...
0.24 4500 OBB 05/12
0.24 5000 OBB 05/12
0.24 5500 OBB 05/12
0.24 5000 OBB 05/12
0.24 10000 OBB 05/12
0.24 5000 OBB 05/12
0.24 20000 OBB 05/12
0.21 10000 OBB 05/12
0.21 5000 OBB 05/12

[nsomniyak]

there was a trade?

[zsvq1p]

Biggest volume day since February!
3rd largest this year.

[trade2much]

I didn't look but the spread and the paint job answer the question, but I noted you also had reasonable volume on it. What was the average price for the day?

[zsvq1p]

eye opener though... LOL

[nsomniyak]

tiny trade on the ask

[zsvq1p]

Wide spread with no news. I think next report is 6/15/08.. I think. 10K... We'll get better idea of COGS. I want a good report. We'll see.

[trade2much]

What's your best guess as to why it moved today? News on the way?

[zsvq1p]

LOL.. No.

But maybe something will start happening.

[trade2much]

Nice giff it is starting to pay you back a little.

[zsvq1p]

Up 42%...

LOL What a day!

[zsvq1p]

Management has done all the right things recently other then miscalculating what food additives were going to be. Now they need to keep plugging away... higher revs... find us a buyer... at over 40!

[Wall Street Antiques]

Hmmm..Raises

$123,544 in raises & bonuses.

Must have got sales up to 10 mill this q & paid off DeLuca's note or something.

Sure wasn't for stock performance.

Perhaps maybe these directors might use that money to purchase some shares in this company they run now.

[zsvq1p]

How about some raises?

http://www.sec.gov/Archives/edgar/data/819527/000104999008000007/form8k080408.htm

Now... What can they do to get this stock up?

[zsvq1p]

Lipka is a Puppet... no?

We all pursue our own personal interest... We need Lipka to cleverly orchestrate the stock price up...

Indiscretions... it's his life... maybe his wife didn't take care of him? What would you do if ya got shut down every night? Yet didn't want to leave the kids.. cut in half stuff...

[trade2much]

PS 22 years in silence 33 years with the company before separation, man you have been around for a while

Start work at 20 add 33 =53+years old when separated (early retirement?) then 22 years in silence = 75+ years old.

*Your profile says this is your one and only post on ihub and that you just joined. Welcome

Since Lipka is the COB as you say and worked for DCA, then I would say you have the right guy relative to that part of things. I guess for anyone to think most COBs are philanthropists is a tad silly. Imo most are political creatures with a good track record, it's lonely at the top, as those in the military and business will attest, and if your not running for congress you don't get votes for kissing babies usually. More ruthless things most generally happen and it is common place, though not pretty and many times not intended. There are not too many Jack Welchs sitting out there.

Whatever the COB did to you personally has little to do with his power over day to day operations of this company, but the CEO does. Lipka is likely a very demanding boss for the CEO I will grant you that, and as a stockholder I hope so. Demand earnings and profits and increasing revenues.

http://www.galaxyfoods.com/profile/directors.asp

jmho but I don't see anything egregious at this point that is relevant to day to day operations and the overall mission of the company. Of course you may have some current infractions which we are not aware of, putting aside past vendetta's

[nsomniyak]

No. simply a trade on the ask of a too-wide spread.

[POOR SOUL]

The name David Lipka sounds familiar. If he is actually the chairman of GalaxyFoods, and he was also the CEO of DCA Foods, I waited about 22 years in silence to speak about his character, lack of principles and a manipulator of great skill. After 33 years with the company and a vice-president when seperated, I was to subsequently discover the insidious techniques used to pursue his personal, cleverly orchestrated moves. I should have listened to his exec. V.P. who warned me that he was "an ego maniac", coincidentally the same diagnosis given to the now departed New York State Governor, Spitzer. Interested parties, desiring the unmentionable details are welcome. This is not retaliation, as it would have been done many years ago. Of course, just follow the script of the successful play and movie, "How to succeed in business with out trying" If I decide to author a book, it would have to be labeled "fiction" No one would or could believe that such a story is true, and possibly still on going.

[Wall Street Antiques]

Cricket "chirp"

Sure is quiet around here

Interesting spread at .18 x .27

Thought about offering 5k at .26 to close the gap a bit for fun, but decided why bother.

Found 11 new veggie toppings in the case at local HyVee the other day. Now there are 10.

Didn't see any hummus.

Customer survey & suggestions here:

http://www.galaxyfoods.com/consumercare/survey.asp

Pumpkin Strata with Cranberry Chutney

http://www.cancerrd.com/Recipes/pumpkinstrata1.htm

[trade2much]

WSA yep that is what I was saying in my post it could go either way with the spread and volume like it was.

[Wall Street Antiques]

$7984 in trade volume

Just isn't that convincing a move. Especially with nothing today.

Course some insider buying or a stock buyback plan might help things.

[trade2much]

Hi Giff: nice jump, but looking at the spread and the volume it is not very difficult to do either way. Having said that, it is sure better than a stick in the eye and I hope it is a sign of things to come.

BOL

[Wall Street Antiques]

Not Really

Still in that 15 - 25 range w/ the 23 cent pop coming on a 100 share trade. Not much volume. Still bid ask at 16 cents by 23.

Quarterly revenues > 10 mil w/ profitability & a partial payback of Delucca would be impressive.

[zsvq1p]

Anybody impressed by the 53% jump today?

[zsvq1p]

Sellers in 2007

This is what I quickly came up with....

ROYCE & ASSOCIATES LLC - 1/20/2006 1,363,600
ROYCE & ASSOCIATES LLC - 1/22/2007 = 1,796,200
ROYCE & ASSOCIATES LLC - 12/10/2007 = 581,700

BC Advisors 2/12/2007 = 954,808
BC Advisors 2/8/2008 = 0

John Hancock Advisers, LLC
John Hancock Advisers, LLC (Manulife Financial Corporation) 2/8/2008 = 0
Any help here???

Buyer
Utopia 3/1/2007 = 324,934
Utopia 1/29/2008 = 1,498,855