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LOL, yeah, I know that no one buys a delisted, bankrupt company. You may not know, but I know.
And of course, I knew the only important fact in this entire discussion.
SKNY was a terrible investment. Don't shoot the messenger, especially when he warned you over and over again. 
Yeah, you did a great job addressing the issue of how you decided, based on your "gut" that a bankrupt company losing money every quarter was a good investment.
Maybe check with a broker on the next investment, rather than relying on your gut.
LOL, instead of probabilities, you go on gut? You mean gut as to what the probabilities of each outcome (good or bad) are?
Every decision you make, whether investing or not, is based on your assessment of probabilities. An "educated guess" is what you're doing when you wake up and decide you're probably not going to drop dead in the next day, so you should invest for the future.
And it's not a question of "believing me" or not. You look at the facts I point to (usually the company's filings), my analysis of those facts and decide what you agree with and what you don't. Then you factor that information, along with everyone else's, and come to an assessment (odds, probabilities) of this being a good investment or not. That's not a strategy or option, it's the way EVERYONE invests (unless you're using a totally random mechanism, which of course would be crazy).
Since I've been calling this correctly for years now, I think I'll stick with my opinion that no one "merges" with a de-listed, bankrupt company.
There will always be "unknowns". You have to go with the odds, that's what investing is all about. We don't "know" that the bankrupt, delisted company isn't holding a winning Powerball ticket either, but I wouldn't buy the stock based on hoping they did.
Unfortunately, the time for self-doubt would have been when anyone put in their buy order for this obvious disaster in the making.
Did you look at the number of shares?
$10 worth for 1, $2 for the other.
ROFLMAO. They really loaded the boat.
The shares aren't worthless? They can't be sold, so that's pretty much the definition of worthless. And while I know you're still hoping that someone is going to come along and offer millions for the SKNY bankrupt, delisted, non-trading shell, with no employees or business, it's not going to happen.
A stock delisted from the OTC is dead. There's no longer a market for it. So the difference exists only in semantics. Cancellation requires action by the company and since it has no employees and no board, that's not going to happen unless a chapter 7 bankruptcy is filed.
You're aware of that right?
IF someone eventually buys the shell, they will certainly recapitalize with new shares. Maybe they'll do a reverse split to keep current shareholders in the game, so each share may be worth $.00000001, but while technically not worthless, practically, it is.
Exactly. There is no connection between the LLC and the stock. The LLC owns everything, the stock is an empty shell that owns NONE of the LLC, brand or product.
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Company Website: http://www.skinnyco.com
Latest Press Releases: http://www.skinnywater.com/pressreleases/
8-Page Investor Summary: http://skny.qualitystocks.net/ir/
Facebook Page: http://www.facebook.com/skinnywater
Twitter Account: http://twitter.com/#!/skinnywaterfan
Latest 10-K Filing: http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx...
Company Presentation: http://www.skinnywater.com/images/uploads/press/SKNY-Investor-10-28-11.pdf
Skinny Nutritional Corp. (SKNY) has established their Skinny Water® brand as a clear alternative to other products in the enhanced water space, with the only true zero calorie, sugar, carb, sodium, and preservative-containing beverage available. Skinny Water's proprietary formulation of essential antioxidant agents, electrolytes, and the critical vitamins our bodies need in order to achieve optimal function, uses 100% natural flavors, no preservatives, no artificial colors, and only the best purified water. The company has constructed a network of approximately 50 domestic distributors (with three more internationally), placing product on shelves approximately 15k stores across the United States. Derived from the natural flavors contained in fruits, Skinny Water represents a fortified, extremely low-impact, great-tasting array of beverages that provide a concentrated punch of the nutrients essential for a healthier lifestyle.
The company's strong emphasis on health, fitness, and community has served marketing initiatives very well. The new age beverage segment has seen increasing momentum in recent years, with just about every beverage company getting into the game, but none of them has the kind of no-nonsense product composition behind Skinny Water, something that appeals directly to the majority of the core consumer market.
Skinny Nutritional continues to build value around the Skinny Water brand, and today has numerous trademarks in the healthy beverage and snack food categories. As consumers migrate away from sugar based beverages and empty calories, Skinny Water is ideally positioned to benefit from positive market trends as management focuses on delivering exceptional value to shareholders.
We use natural flavors found in fruits and vegetables. There is ZERO sugar in Skinny Water®. We use a very small amount of Sucralose and Ace-K as our sweeteners. There are ZERO calories, ZERO carbs, and ZERO sodium.
Michael Salaman has over 20 years experience in the area of new product development and mass marketing. He began his business career as Vice President of Business Development for National Media Corp., an infomercial marketing company in the United States from 1985-1993. From 1995-2001, Mr. Salaman founded American Interactive Media, Inc., a developer of set-top boxes and lifestyle websites. In 2006, Mr. Salaman founded Skinny Nutritional Corp as a marketing and distribution company focused on the beverage sector. Mr. Salaman graduated from Temple University Business School with a B.B.A in 1986 and is a graduate of Germantown Academy.
Don J. McDonald has over 25 years of experience as a senior executive and 19 years of experience in the cable television, broadcast, and video production industries with expertise in financial management, sales, marketing, and corporate governance. Since 2002, Mr. McDonald has served as the President of Summit Corporate Group, Inc., providing executive management and corporate advisory services to a number of companies. Prior to that, he was the President of Directrix, Inc., and a publicly traded company providing media production and distribution services. Mr. McDonald served in an executive capacity for a number of companies including President of National Media Corp., LSI Communications, Inc., and Spice Direct Entertainment
Mr. Gisondi's background includes 10 years with the Philadelphia Bottling Company. His expertise includes the successful solicitation of new accounts in the DSD field, the roll out of new products, and the cultivation of key business relationships. Mr. Gisondi is responsible for the rollout of Regional and National accounts across the United States. His accomplishments at the Philadelphia Coca-Cola Bottling Company include the launch of DASANI Water and Vanilla Coke, becoming the top District Sales Manager in the Philadelphia region, and his proven track record of successful growth of sales volume. Mr. Gisondi is a relational key between Skinny Nutritional Corp's distributors and customers.
Combining a passion for operational excellence with an entrepreneurial drive, Craig's career highlights include co-founding, building and leading both early-stage/start-ups and business units with Fortune 100 companies over a 20 year career. After spending 10+ years in transaction services & technology field, Craig shifted his energies to manufacturing and joined the two co-founders of Skinny Nutritional Corp and Skinny Water was born. As an early-stage company, Craig is responsible for developing and formulating all of the company's product along with managing the manufacturing & logistics processes that are fueling Skinny Water's dynamic growth as a leading beverage brand. Prior to joining Skinny Water, he co-founded Mediaguide, a business intelligence company, as a joint venture with the American Society of Composers, Authors and Publishers (ASCAP). In the role of Chief Technology Officer, he led the design, development, roll-out and ongoing operations of Mediaguide's broadcast monitoring system which enabled ASCAP to better monitor, collect, and disburse payments to its 390,000 members. Before the creation of Mediaguide, Craig joined Swiss-based YES International as the company's CTO to design, develop and patent services that tightly integrated consumer electronics manufactures, broadcast media and Internet retailers. YES International was subsequently acquired by ConneXus Corp creating YES Networks. In 1996, Craig founded and managed Universal Merchant Services as a business unit of AT&T Universal Card Services. Leveraging AT&T's global telecommunications infrastructure and the banking relationships of Universal Cards, he rapidly grew the business unit into a profitable transaction services company which was eventually sold to Citigroup and rebranded as Citi Merchant Services in 1998. Craig earned his BA in Business Administration & Economics from Gordon College and holds a Masters Certification in Project Management from Villanova University.
Michael Zuckerman brings to the table a century's worth of packaging experience from Zuckerman-Honickman, Inc. Mr. Zuckerman has unparalleled expertise in beverage packaging & manufacturing, including Skinny Water's proprietary hot-fill bottle and co-packing method. Mr. Zuckerman provides a direct conduit to proven talent within the beverage industry, having sourced bottles for Vitamin Water, Sobe, and Fuze.
Mr. Azrak is a veteran in the fashion and entertainment industries specializing assisting early-stage companies maximize the value of their brands. Some of Ruby's accomplishments include: Serving as President of New York-based Phat Fashions, LLC where he led the management team that transformed a start-up clothing manufacturing company and transformed it into a licensing company worth more than $350 million dollars; Producer of House of Deréon, the clothing line of music superstar Beyoncé's clothing line and Apple Bottoms, the clothing line of top-selling recording artist, Nelly. Mr. Azrak also acquired the junior sportswear license for Rocawear (the brand of world renowned music artist, executive, and businessman, Jay-Z).
Mr. Kilduff joined Dr Pepper Company in 1982, appointed Senior Vice President Sales in 1988, and named Chief Operating Officer in 1995. In 1997, Mr. Kilduff was named President/Chief Operating Officer Dr Pepper Company and held that position until his retirement in 2002. At the time of his retirement sales of the Dr Pepper Company were approximately $1 Billion with a retail value of approximately $6 Billion. During his tenure as President/COO the Dr Pepper Company achieved record sales and profit while gaining market share. Mr. Kilduff also played a significant role in the acquisition and development of new products for the Dr Pepper/Seven-Up Company brand portfolio, and securing their route to market.
