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.
100,000 to 1 RS
you know me well :)
looking for .002
lolol wtf
how much cheaper could it get? one share isn't even worth one penny. it's not even worth half of a penny.
LOL i NEED CHEAPER SHARES
rofl
before it was slightly annoying but now it's just comical.
HEARING A 100/1 rs
What makes you say that?
Wow, hard to believe that any of you can defend the chitty job that Nancy did to the company and to us! She didn't obviously tell the truth, she didn't communicate with shareholders, she worked out her own deal obviously and left us holding the bag....all that is so obvious ...I'd love to know the details as we might write a book or get it is as a case study at Stanford on how not to run a public company! The company wasn't hers, it was ours .. the shareholders but she didn't treat it like that ...at best a terrible business woman and at worst a crook who will never share the adventure (not even a post mortem) so we won't know which category to place her in the Hall of Shame.
a bag holder, zagdad
Not looking for an argument. And ganging up on me isn't productive. Just take a look at the history of the stock price, et al. As an investor I lost $$$, too. The question is who were the ones who made the decisions?
And I say again.. hey.. what do I know?
Innocent until proven guilty; that is the rule in this country.
Don't know how it is in your country.
So, YOU are making the accusation. YOU prove it.
Please show us one instance of "disrespect to investors".
And make it real and not somethiing made up by you just to win your argument.
VV
You know about as much as anyone else here unless you were there.
Your statements are as speculative as mine.
Greed pretty much killed this company. And unless you were there firsthand seeing how management operated, how can you be sure of your statement? But, hey, what do I know?
The management of this company lost fair and square. Stop rubbing dirt in their faces because you gambled on them and lost as well. They owe you nothing.
The insistent personal attacks on nancy and management are ridiculously stupid and uncalled for. The CEO was not out to destroy the company, and I believe they did everything in their power to make it work. They simply failed in hard economic times.
What is interesting is the stock activity, not the company or management or anything else which is dead right now.
The only interesting thing happening with this almost-defunct company is that their disrespect to investors, vendors and employees continues. Can you prove otherwise?
Interesting things happening? I never thought raping a company was interesting.
Interesting page, although I already called and knew it was Mr. Lipp's number.
His voicemail says Chris Lipp of Vertical Branding, so it's not his personal number I don't think.
Address is correct as listed in the iBox at least.
Interesting stuff happening lately.
1-310-806-9297
The iBox has been updated.
Let us (or if not at least me haha) know what you find out if you do call.
Like new address and etc.
I don't know about the address but that phone number is no good.
Got any other?
Thank you.
I guess we can be thankful that it doesn't say
"Appointed to Liquidate the assets of the ____ Inc. et al. under Joint Chapter 11 Plan of ___ and its Affiliated Debtors."
Like some of the other ones.
NVM,
Found it.
Guess we gotta wait and hear what happens.
where did you find this
Verticle Branding, Inc., et al.
(Receiver) LC-088277 16-Feb-10 Richard B. Wolfe Los Angeles County Superior Court Appointed to take control of business assets for the benefit of the secured lender.
Vertical Branding, Inc.
12100 Wilshire Blvd
8th Floor
Los Angeles, CA 90025
Phone: 818.926.4900
Does anyone have the CURRENT address and phone number?
Thanks.
Please check the new comer's rap sheet and you will see someone who likely knows zip about the company/situation unless he has a prior alias we are not aware of....in ZENG and DANR...both have very checkered history and management.
GTA of all of us bag holders...we need it here,
zagdad
Maybe the newcomer is somehow involved in the Fiduciary Appointment? IMO. I ask since he/she doesn't seem to think this company is detested by the investors due to the disrespect and dare I say, "thievery" certain management had for the people who generously and with trust, invested. Of course, more than likely this will be deleted. Truth usually does. IMO IMO IMO IMO
What about the lack of news, the fact that the CEO resigned, the substantiated rumors that they sold all of the licenses to P2F, and the seemingly insurmountable debt that they have to pay off?
I am playing devil's advocate, obviously, as I currently have a steak in this stock. Just wanting to get a new comer's opinion.
Why the bid at 0.002? Isn't this a dying and detested stock?
Had a bid in at .002 forever and never got a sniff yet it traded over a million at .0021. Interesting!
How'd you learn about this stock if you don't mind my asking? I don't see that you've posted on this forum before, and you seem interested.
Most likely nothing, as that is still only $2,750-$3,000
But I do wish they would release something.
Like
- we are bankrupt (so I can stop checking it every day)
or
- we made the big time (so I can buy that ferrari)
hmm, what's the news?
VERTICAL BRANDING INC
Price: 0.0029 +0.0008 +38.10%
Bid: 0.0021 [-]
Ask: 0.0035
Open: 0.0021
Volume: 1,365,111
Now that the insiders have loaded up...
Watch them run this.
Wonder who is selling and buying such large volumes lately. Despite a small dollar amount, it is still intriguing.
Maybe Chris is selling everything off. Or Nancy.
I'd say bad news for shareholders is pretty cut and dry
Isn't bad news a matter of perspective?
Dunno why Chris doesn't just give an update... not like it can HURT the pps anymore if it's bad news.
I must have misread TDA. When I went back it was zero. Sorry.
also...
...where are you seeing this? I don't see it anywhere.
$2,400 investment
hardly a high roller
i know that P2F has no stake in vbdg anymore, or vice verse. which is bad news. vbdg most likely sold their licenses to p2f for just enough to pay off their debt.
all imo
Why would someone be buying 835,500 shares now?
They got it at the bid looks like. Perhaps at .0029. Still around $2500.00.
Does anyone have their mailing address[location], phone number, and email address?
Do we have any hope here? Gone longer than I thought it would without filing bankruptcy. That's a good thing.
I really got hurt with Vertical Branding. Would be very happy to recover 1/2 of it. False hope? Anyone?
I'm curious how you know what's going on behind the scenes?
Are you an insider? Are you one of the two still working for the company?
Ya obviously I am going to wait, but it's like waiting for the sequel to your favorite movie to finally come out. It's either going to be terrible or amazing, and let's face it: most sequels are fail.
Remember when 280,000 volume used to be worth 20k and not 0.84k
Followers
|
57
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
8097
|
Created
|
09/15/07
|
Type
|
Free
|
Moderators |
Overview
Vertical Branding sells As Seen On TV products directly to consumers via television advertising, and to distributors via their current partner P2F Holdings.
Products
Extreme Beam Flashlight, Hercules Hook, MyPlace Cozy, Steam Buddy, Tool Band-it, Zorbeez Streak-Freez
Relationship with P2F Holdings
Per contractual agreement [sec.gov/Archives/edgar/data/1125532/000135448809000619/vertical8k.htm], Vertical Branding allows P2F Holdings to distribute their As Seen On TV products to big box retailers in exchange for royalties. These retailers include Bed Bath & Beyond, Macy's, Staples, CVS, Shopko, Bestbuy, Walmart, TrueValue, Bealls, and Anna's Linens. P2F Holdings has assigned Milen, a new division, to manage operations as a result of this agreement.
Websites
Vertical Branding: www.verticalbranding.com
P2F Holdings: www.p2fholdings.com
Milen: www.milenasseenontv.com
Contact Information
Vertical Branding, Inc.
12100 Wilshire Blvd
8th Floor
Los Angeles, CA 90025
Phone: 310.806.9297 [Chris Lipp]
Fax: 818.926.4885
Email: info@verticalbranding.com
Pressing Issues
On October 14th Vertical Branding filed a Form 8-K [sec.gov/Archives/edgar/data/1125532/000111650209001567/vert_8k.htm], stating that despite the contract with P2F Holdings, attempts to restructure their debt have failed. As a result, the company's Board is presently reviewing the company's options for reorganization, recapitalization or other methods of deriving value from the company's assets to satisfy the company's liabilities. Because of its working capital shortage, the company has substantially reduced operating expenses by laying off all but three employees and by suspending various operations. In addition to this news, Nancy Duitch resigned as CEO and Alan Edrick has resigned as Board Director. No replacement CEO has been named at this point.
There are currently 4 foreseen paths for the company
1. As a result of weak sales, poor management, and current debt liabilities, Vertical Branding will be brought to bankruptcy court by Gottbetter Capital Master Ltd., subsequently resulting in a filing of Chapter 11 and a total loss for all shareholders.
2. As a result of weak sales, poor management, and current debt liabilities, Gottbetter Capital Master Ltd. will hold the option to purchase 3.615M shares of common stock at the exercise price of $0.025 in order to settle the debted amount of $2.26M.
The previous 2 scenarios are considered the most likely of the 4. Unless something changes [see path 3 & 4] it can be assumed that Gottbetter Capital Master Ltd. will review these two options at or around December 15th, 2009, and decide which
is in their best interest for recovering the debted amount of $2.26M.
3. As a result of increased sales, reorganized management, and restructured debt payments, Vertical Branding will provide a corporate update stating their increased growth, financial security, and etc., subsequently resulting in a surge in the price of
common stock due to restored investor confidence and buying.
4. As a result of weak sales, poor management, and current debt liabilities, Vertical Branding will be purchased outright by an outside entity at a discounted price per share.
The previous 2 scenarios are considered the least likely of the 4 and are completely unsubstantiated by hard facts.
Argument supporting survival scenario [highly speculative]
Vertical Branding is a very small corporation, especially in light of the announcement that only three employees continue to work from this point forward. Small corporations are able to continue operations even in the most dire of times. This hibernative
state is generally referred to as survival mode. The company should be able to make debt payments fairly easily just by running this skeleton crew. While this does not translate to growth, and could even translate into staleness, it does drastically
reduce the chances of bankruptcy. Since Vertical Branding is now, primarily, a research / design / promotion company, the need for a large office space has dwindled. They may even take up the same roof as Milen, of P2F Holdings, in order to
consolidate efforts and costs. Additionally, P2F's vested interest in Vertical Branding is immense. They are, after all, the reason that P2F is able to stock the shelves of hundreds of big box realtors and keep a majority of the profits. This parasitic
relationship may prove fruitful for Vertical Branding in ways yet to be realized.
Moreover, via direct email correspondence with Milen, it has been learned that Vertical Branding's newest product, [as well as Billy Mays' last pitch for Vertical Branding], the Tool Band-it, will soon be advertised on television in a substantial manner in
anticipation of the holiday season. The Tool Band-it was featured on the Discovery Channel who in turn forecast up to $700,000 in sales per week. A link to this video can be found as follows:
http://www.youtube.com/watch?v=PGIGX-68Rwg [Tool Band-it specific information begins at 2:25]
Update
The following information has been dug up via some investigating
1. "P2F is negotiating a price to buy out all of their license agreements from VBI." [source is Mike Shurm, creator of the Tool Band-it, via contact with VBI]
2. P2F currently has 400,000 Tool Band-it units in their warehouse, as well as several hundred thousand "on water and order", current price for distributors/retailers is $12.50 [source is Michael Freede, President of P2F]
3. P2F has bought out the license agreement already for the Tool Band-it, "so we could control it if we were to spend the money and make the commitment while they were in financial trouble" [source is Michael Freede, President of P2F]
4. P2F has started a 60 day national television commercial campaign, priced at $500,000, for the Tool Band-it [source is Michael Freede, President of P2F]
The following questions remain
1. When is VBI planning on informing shareholders of this vital information?
2. What are the details of the sale of the license agreements? [flat fee, continued royalties for both direct sales and retail/distributor sales, etc.]
Please Note: some portions of the information found in this iBox are speculative in nature. Please follow your own due diligence and make decisions based only on your own deductions. Board moderator and assistants are in no way responsible for losses due to trading based on the aforementioned information.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |