Geerlings & Wade Inc. (fka GEER)

[Silverrush]

Lol, I have NRPI too,at least I still have it.

[Pennybuster]

for sure. reminds me of nrpi. tiny market caps yet to be recognized.

[Penny Machine]

Any Volume will make this stock, move big!

[Pennybuster]

once word gets out on geer it could be in the double digits in a hurry.



good luck!



:)

[Penny Machine]

Company still uses ticker symbol in PR

[GaryS]

penny...is geer a shell?

[Penny Machine]

LoL, Nice competition for the Bid going on right now!!!

[Penny Machine]

Stock getting Great Volume! Price moves SOOO EASY

[GaryS]

geer a shell?

[thenewcortez]

What just happened, stock just stopped trading on zecco

[Silverrush]

Awsome,lol come on everyone jump on the band wagon, makes $$$.

[Penny Machine]

Only 20K left and we hit .05!!

[Penny Machine]

Find me a stock with this Float that is priced under $5 Dollars

[Penny Machine]

GEER at .0398!!! Share Structure Supports Dollar Price Range!!!

[Penny Machine]

Nice buy, Already Up!!

[Silverrush]

just bought 20,000 shares, hope it works out.

[Penny Machine]

Barcharts.com Rates GEER a BUY!!!

http://www.barchart.com/quotes/stocks/GEER

[Penny Machine]

Company is doing a ton of events http://www.winetasting.com/Blog

[Penny Machine]

Once people notice this Low Floater, it is going to fly!

[Penny Machine]

Looks like Prior research has a $1 Price Point on this stock

[Penny Machine]

With a float this low, this stock can trade at the dollar level very easily!

[Penny Machine]

Reading through recent articles now, any DD you can provide would be helpful

[thenewcortez]

Did 1-800-Flowers Buy This company?

[Penny Machine]

GEER Announced this 2 days ago

Geerlings & Wade, Inc. (GEER:PK), announced today that the Geerlings & Wade legacy catalog brand has been sold to an undisclosed buyer that will continue to operate the Geerlings & Wade brand as a direct mail and online wine source. The Company will continue to operate as The Traveling Vineyard, which is its current in-home wine tasting brand. This transaction has allowed the Company to restructure its Balance Sheet and retire its credit line and debt with Wells Fargo bank.

Gordon Romer, President and CEO of Geerlings & Wade, Inc. and The Traveling Vineyard (TTV), stated, "While The Traveling Vineyard has always put our Consultants first, there will now be, without question, a 100% commitment of staff and financial resources to the success of our Independent Wine Consultants. Our core competency of producing wines and collaborating with wineries around the globe to offer exclusive, quality wines at great values remains the same. Our Home Office Team is a dedicated group of people focused on delivering world-class customer service, marketing, training, technology and operational support. Our Consultant opportunity is unparalleled, offering wine enthusiasts the chance to turn their love of wine into a flexible, financial rewarding and fun business."

He further stated, "While the majority of resources and growth initiatives have been focused on building The Traveling Vineyard business, our company and stories have intermingled, and unavoidably caused confusion between the brands. This move, focusing 100% of our commitment on The Traveling Vineyard, will allow us to accelerate the growth of our Consultant base and thus the company."

About Geerlings & Wade, Inc.

Founded in 1986 and based in Braintree, MA, Geerlings & Wade, Inc. is a direct marketer of premium wines and wine-related merchandise delivered directly to the consumer's home or office. Under its Geerlings & Wade brand, the Company offered a broad assortment of its own wines as well as quality imported and domestic wines through its extensive collaborative relationships with wine producers around the world. The Geerlings & Wade brand is used to promote premium wines and wine-related merchandise delivered directly to the consumer's home or office.

About The Traveling Vineyard:

The Traveling Vineyard division was launched in 2003 by Geerlings & Wade, Inc. Modeled after tasting rooms found at fine wineries the world over, The Traveling Vineyard allows consumers to sample several different wines in the comfort of their own homes. The Traveling Vineyard currently has over 1,800 Independent Wine Consultants in 29 states throughout the U.S. and has reached over 500,000 wine consumers. For more information about The Traveling Vineyard please visit www.thetravelingvineyard.com.

For further information contact:

The Traveling Vineyard

Allison Casey

[phone]

acasey (at) thetravelingvineyard.com

45 Braintree Hill Park

Bra 00004000 intree, MA 02184



Author Information

Allison Casey
The Traveling Vineyard

[Penny Machine]

Another recent article here, this is a busy company http://pcorlaptop.com/made/today180074files/forma413071

[Penny Machine]

GEER mentioned in this article http://www.newsystocks.com/News/4098940/ubs-ag-ubs-analysts-lower-price-target-on-1-800-flowers-com-inc-flws-to-121-00

[pepdogfire]

What a great opportunity to get in on a low floater. Excellent entry point here !!!




GEER

[Penny Machine]

GEER 1.57M Float, 3.88M O/S, 10M A/S Incredibly Low Float!

[Penny Machine]

Geer at .03 and running Paper thin all the way up!!!!

[Penny Machine]

1 MM left at .0198 then .04!!!

[Penny Machine]

GEER Looks like it's Running Now!!!

[MoModernTrader30]

NOLs and Shell Value
no disrespect on this- NOL's can't be used in a R/M if the survivor owns majority. The NOL's can only be taken to the amount the majority invests. Pink Shells go for about 50-150k so that will be about what the NOL will be (this is an IRS Rule, I think code #356).
Very doubtful the investment firm "bought the losses" since this is a "C" Corp and the losses can't pass through. They just simply lost their money. I bet you could call them and buy their shares in a private transaction for less than market if they even want to fool with it. My guess is they already realized the loss.
It would just not make any sense to "lock" the money in a bankrupt pink when they could just buy Bank of America, loose the same amount and still sell and get some of ther cash back. This way, they will never been out of it- until they sell it (who would buy it?).

It would be hard to invest in a company preparing for an R/M. The majority usually issues itself voting shares or more common and the float will be very small. Then, usually they will reverse to get the share structure right and the float will shrink.

While I am sure it is possible to invest in a pink that is preparing for a R/M- it just seems awfully risky and a waste of time.

One good way to find a good pink is to find one with shares that are trading at high prices with "no information". If you see one trading at $10 a share with little volume. You might find they have only 200,000 shares out. Now, you've found a great company to investigate and research. You can buy 1-share and request an annual report and see what's in there.

R/M's are fun- but you really need to be in one after the R/M not before. Remember the majoirty has to hold their shares for 1-year post RM. Wait that year, and see what they do- that's what you do.

-RE

[hdsstocks]

Nothing has happened?

[MNYC]

lol . what happened?

[VortMax]

haha, now that would be a cool one to own

[MNYC]

GEER should change it's ticker to BEER and this would be at 1.00 already

[VortMax]

You bet, Geerlings and Wade decertified from GEER in 2003, the private company went bankrupt 14 months ago, not GEER. GEER is a shell, who's owner is the same guy who ran Geerlings and Wade. GEER is a shell, that the owner most definitey wants to sell to a company for a R/M. Nobody knows when that will happen, but, the point of all this is that Geerlings and Wade (Vinification) has up to $6M in NOL's, and the bankruptcy court will try and get the creditors as much money as possible. If the owner of GEER wanted to make GEER a better asset, he would roll the NOL's in, and GEER could sell at a higher price.

Why are we talking about this at random this week? Because somebody has been buying in the last month...just look at the accum...

[db7]

at the moment.. it appears to be a shell with a decent share structure imo..

[Komando Robot]

Excellent find.

[quant_in_school]

DEBT PROVEN

Follow these links in order to arrive at the truth. GEER has $6 million in operating debt because the Vinification Ventures, Inc. that went bankrupt is the same as Vinification Ventures, Inc. (GEER).

http://www.prweb.com/releases/2009/03/prweb2281254.htm
GEER sells online retailer to focus on Traveling Vineyard

http://corp.sec.state.ma.us/corp/corpsearch/get_pdf.asp?pdftype=.pdf
Geerlings and Wade, Inc. (GEER) change name to Vinification Ventures, Inc.to focus on Traveling Vineyard

http://www.bostonherald.com/business/general/view/20100416traveling_vineyard_in_bankruptcy/
Vinification Ventures, Inc. goes bankrupt, debt of $6 million

The stock is a bust

[VortMax]

we'll all be putting in a lot more than $500 if PAI has something to say is the point, so buy, sell, or hold, whatever you like. A few have contacted PAI recently, perhaps that's why the buy volume. I personally have not spoke to them, yet. The bk of the private company is now 14 months old, and they owe money. Well, they own GEER.pk, an asset, its going to have to get involved at some point, and the likely scenario would be to roll the NOL's into it...

would be nice if someone contacted GEER, I don't have time, traveling. GL

[lattitdude67]

sadly, i have seen no proof of vinifications ventures inc. being anything but a name change to GEER... which looks to coincide with the sale of the online wine retailer and the new direction of the company... massachusetts sos has both geerlings & wade and vinification ventures inc. listed on their site... where and why would palo alto be weighing in on their investment? certainly not because some penny stocker w/ 500 dollars into this asked them to, right? palo is a private investment company and does not and will not disclose their financial information... if anyone has a pacer account this could be cleared up real fast... i do not have an account but i believe its like .05 a page... cheap...

[VortMax]

A few notes....before more opinions are formed here....PAI should be weighing in this week on why they bought over 700k shares near $1.00. Also, GEER.pk is owned by the former Geerlings. The bk is not in the shell, with that said, the private company assuredly has NOL's and if they want to apply them to the public shell that they own to raise the value of the shell so they can sell it, that is simply a prudent move.

As noted, the NOL's could be up to $6M, giving an asset value of up to $2M.

Lets see what PAI has to say first....

[hdsstocks]

The shell never filed chapter 7. Are you people incapable of doing real DD. Vinification Ventures the private co filed ch7. We did not.

[onemessageonly]

I never said it was a merger, they changed the name of the company, then filed ch 7 last Spring. That's it.

[hdsstocks]

Name change is not a merger!!!! Vinificaton ventures isn't part of the shell!!!

[Plague]

Thanks for the link

[onemessageonly]

You shouldn't trust anyone, and you have to dig to make money. Here you go anyhow:

[Plague]

That shows me that he signed a document, not the name change, but I'll trust you anyways since I don't feel like digging it up

[onemessageonly]

Just go to sec of state c/o MA.



The company changed their name to Vinification Ventures Inc.