Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
not me. While I haven't spoken to Yaniv personally I see how things are going and if Q3 is bad then I will take some measures but for me and dealing with OTC in the past this is merely a hiccup.
Agreed. Tomorrow is Friday, fins were out 4 days ago and we NEED and DESERVE a detailed PR
There was 15 mill on .002s...now there's 5 mill.
Yes we are long
But we as shareholders deserve to know what is going on
I expect a detailed explanation on the management situation, where are the revenues from the Easy Grinder
We are longs but Yaniv need to understand he need to communicate now or he will find him self sinking back down to the trips and believe me it will be very hard to get out of them again
And if he is planning on doing RS I will make sure I will be very active in every social media including in his home town ( in Israel) to expose their monkey business
We are long for a reason. That being said, who knows if the company gets flipped again or gobbled up by one of the many MJ companies?? Patent in France!!! Outstanding. Lot of wine produced in France. Relax my friends, its all gonna work out......
Scottrade is showing 5M.
Ask at .002 just dropped significantly.
I am with you
Going to give them 2 weeks to step up to the plate....
This is also in the qtrly.
By the end of 2017, Simple Cork, Inc., plans to go-to-market nationally and internationally with the Simple Cork product.
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=177330
Well said man. I have been a long time supporter and feel the same way. If we do not see any detailed guidance or info from them, I will be bailing and never looking back.
Good to know thanks for sharing. I'll keep that in mind when I invest in the next pink company
Been trying to confirm.... so far no replies back
William!!
Theirs a bunch of .002 trick-or-treaters already waiting for you at the door.
Should I tell them to come back tomorrow?
If SF1 Holdings, LLC. is the company involved,
there is a little more info available through the Delaware Sec. of State.
Revenues dont foot either between q1, q2 and 6-month 2017.
They're NOT an SEC reporting company, so there are no required filings because there are no regulation to abide by other than complying with OTC markets to maintain their listing. Financials, MM's and $10k fee is all they need to trade on OTC markets as a non-reporting pink sheet.
Unfortunately, this is Wild West territory, but they can still get in hot water with Finra -- Finra has powers to step in and protect shareholders when necessary.
Also, I think Savion is part of this SF Holding business and is the monies to bring the simple cork to a wine bottle near you..
But then again, I will bet on my speculation..
Agreed. I understand these are unaudited financials but that is such a huge oversight.
You're telling me no one noticed their net loss was off by $1.2M?
I'm with DOJ
lol!
This is a joke.. so everyone knows this.....
I am not doj
Interesting call back and say your name is one of the owners lol joke
Hey guys, been out of town for a bit. What is SF? What did I miss?
I think SF has a lid on things... their paralegal won't communicate with me.
Wouldn't an 8K be appropriate for this type of information?
Having an unknown entity as the new controlling interest absolutely concerns me. I am also curious about the distribution of EG income and how the allocation of revenue will ultimately hit the bottom line. Some clarity on this is appropriate and in order.
I appreciate the laundry list of Q's submitted, but honestly am only expecting a limited response. Quality of the communication is the key, not the quantity.
As for positioning, what I am struggling with are the future prospects vs these new unknowns. Communications, or lack thereof, will be telling regardless of what happens.
GLTA
On July 14, 2017, the Issuer was granted its first patent for “Simple Cork” by the French government.
All Company products are made for it by third-party manufacturers under specific manufacturing agreements.
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=177330
My prayers and thoughts to the terroist victims in Barcelona.
I said it and I will do it... period... But I don't intend to enter all at once to end up paying more than I need to
Watch your own buys I don't have to prove anything to you... Just trying to share what I believe with my other friends...
My point is the "All In" club seems to have lost sight of what they are invested in. Society of instant gratification trading on pure emotion fail to understand the potential of their investment on terms longer then a month or two. The sky is not falling.
This makes sense --- I thought it was weird that this quarter's comp was EXACTLY the same as all of last years. I also pointed out that 3-month revenues from Q1 and Q2 filings dont add up to 6-month revenues from Q2. I wonder what other errors there are...they should re-file.
Nobody is arguing its an AWESOME product. It is great.
But we as investors have thousands invested aside from paying $100 for the product. THIS is not the issue.
If you think questioning complete failure and why I am invested in some unknown company, and on behalf of everyone else that I have in this stock right now is turning... then stick around bud -- I'm still long.
Quickly? Cash and others have been here and optimistic and positive for MONTHS. Including myself. This SF holdings curve ball is unethical IMO. That's why we're upset. And decreasing revenue AFTER supposedly 40k PLUS grinders preordered but none reporting???
We were fundamentalists. Now we're skeptical fundamentalists that DEMAND answers and now question everything. You have to be realistic until we get an explanation to all our questions
I am a proud owner of a gold Easy Grinder. My order number was in the 44,000 range and was received on June 9th. I would gladly pay the $150 should I order again. I have yet to recharge the battery. I use it daily and still marvel at how well made it is, how powerful it is and how well it is engineered. My manual grinder has been collecting dust. I know what I hold in my hand is an award winning cutting edge product that will become a must have by any true herbologist. In just a few months I witnessed a product be developed and realeased with growing distribution channels. Sales are happening at an exponential pace from which revenues will come. Whether revenues are reported in 2nd qtr or 3rd matters not to me as it is happening and this is just the beginning. What I hold in my hand is as solid and real as my investment.
Well see tomorrow if you add 24k. I'll be watching the buys
now Yaniv is hiding in a dark place and watch outside.....lol...most OTC companies do the same...and never fall in love with a P OTC compan...
Oh how quickly they turn.
A bit of clarity on the corks from the quarterly. Nice to see the patent was awarded in France.
Following the merger, on November 8, 2016, all intellectual property pertaining to “Simple Cork” was
transferred by the Issuer into a new, wholly-owned subsidiary, “Simple Cork, Inc.” incorporated by the Issuer in the
State of Florida. By the end of 2017, Simple Cork, Inc., plans to go-to-market nationally and internationally with the
Simple Cork product.
On July 14, 2017, the Issuer was granted its first patent for “Simple Cork” by the French government.
All Company products are made for it by third-party manufacturers under specific manufacturing agreements.
With all due respect Doc, it's not good enough!
He needs to stop treating this company as a joke and a personal playground, and start acting like a legitimate CEO.
This not how a legitimate CEO behaves.
It's your cash of course, and I wish you the best of luck with your decision but you're buying SF Holdings shares. Aren't you a little curious who's taking your cash?
It's also interesting that several messages in the last couple of days have gone unanswered, until now.
I don't want to start controversy. I am long and don't want to bash. But overlooking over a million dollars in salaries and publishing that. Fairly egregious error.
Please leave some cheapies for me next week!
Amen. Every thought and opinion here I second.
GIVE US SOME ANSWERS
Fair enough. I read it differently. Either way, I just want this to be successful and for shareholders to see some of the reward.
"Just spoke to Y. Wants you guys to stop worrying so much."
Thank u doc for that info
My statement was regarding Dror specifically. He's pursuing other interests?? Basically exiting Vpor when supposedly it's just starting to heat up?? Please...
I told you not to worry. Not his words
I will prove my own faith when I add 24k tomorrow
If he wants us to stop worrying he should answer canadiantraders questions and put out a PR of substance. Shame on him for telling us not to worry.
Just spoke to Y. Wants you guys to stop worrying so much. No way does he make 1 million bucks. Mistake on form. He gets "living expenses". They are for real. They are not screwing us. I am positive. I love this guy. He uis grreat
Followers
|
957
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
111921
|
Created
|
08/17/10
|
Type
|
Free
|
Moderators |
Easy Grinder™ Video Link here
On July 20, 2017, Yaniv Nahon, VP, COO and Secretary of the Company was appointed the new President & CEO and Treasurer of the Company, and Dror Svorai, former President & CEO of the Company resigned as an officer and director of the Company and each of its subsidiaries in order to pursue other interests. Simultaneously, Jorge Schcolnik, Chief Financial Officer of the Company was named a member of the Board of Directors of the Company and corporate Secretary.
Concomitantly on July 20, 2017, Dror Svorai entered into a stock purchase agreement with SF Holdings LLC, a privately-held investment company with which he is not affiliated, wherein he sold 100% of his Series A Preferred Stock to SF Holdings LLC and transferred voting control of the Company to SF Holdings LLC. Terms of the stock purchase agreement were not disclosed. Mr. Svorai agreed for an indeterminate amount of time to act as a consultant to the Company's management to smooth the transition.
On August 14, 2017, the Company posted on OTC Markets.com, its second quarter 2017 disclosure statement citing the above changes. The Company also posted its second quarter 2017 financial statements. Yaniv Nahon, current President & CEO of the Company, stated, "The financial statements as of June 30th don't reflect the huge sales gains of Easy Grinder™ to date that we have made since shipping and invoicing only began in early June, with product inventory arriving in multiple shipments throughout the month. So, the financial statements show only a few weeks of Easy Grinder™ sales results." He added, "You'll see a huge gain in our revenues in the third quarter report as Easy Grinder™ sales climbed upward. Also, we made significant sales gains from our attendance at the BIG Industry Show in New York City in August, and ASD Market Week and the CHAMPS Trade Show in Las Vegas in July. This is going to be a very good year."
Link to Press Release here
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |