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She also told me that there had been 2 phases of buy back already and that was before the most recent PR was pt out. She did not specify how much but said it was on hold for awhile till they get their new venture up and running. So, now based on the PR it looks like they may be beginning to do some more buy back. Financials will tell us how much have been completed.
Cmon, it is symantecs. Obviously I am not allowed to tape record and post our conversation without permission so what I posted is a summary of our conversation based on my memory. Word for word exact, no but content wise this is what we talked about and as I have posted before I do giver her credit for at least calling me back and taking time out of her day to talk to me. It is better then getting no response at all even if the info was limited to some degree based on reasons I have stated before.
Are you sure it has not been available in the U.S. before? What I am talking about as far as financials is clearing up some of those cloudy areas that we have spoke about. It should also show what percentage of revenue HBRM will be receiving from the vodka deal although sales have just started so the real picture won't be seen until January as you indicate. If they show a bunch of dilution and no transparency in clearing up the areas that need it then it will tank in my opinion.
Kamasutra vodka has been around for almost 3 years now. have you heard of it before HBRM announced it? I certainly haven't and I drink a lot of premium vodka. What makes you think that the HBRM infused brand of kamasutra vodka will be huge seller because it sure does not seem to be in California. I shop at Bev Mo, Total Wine and various markets and have never seen nor heard of kamasutra vodka before. I would have easily remembered the bottle so perhaps they keep it on the east coast. Next financials are going to make or break the stock here in my opinion. Just depends on if HBRM becomes fully transparent and open or keeps up the smoke and mirrors with fluffy PR's and no substance.
I just wonder if there is someone pulling the puppets strings here. I just get the impression that the Dr may not be that business savvy and perhaps someone else in the inner circle is really behind some of this really suspicious business moves and decisions. Maybe a consultant or someone, who knows...One thing for certain is that the upcoming financials will probably be a make or break deal for this stock in my opinion. If there is not complete transparency and disclosure then forget. All the .10 by Christmas jokes will start very very soon.
Putting out PR's stating that yo are buying 100M shares back while diluting behind your investors backs is dumb. Putting out PR's that are nothing more then fluff without any substance behind them is dumb. Giving away 50M shares and thinking no one will notice is dumb. If it walks like a duck, talks like a duck then most likely is is a dumb duck.
Is it bashing the Dr individually or bashing the business activities and lack of professionalism of the company? Things may be happening that perhaps the Dr is unaware of or naive about in certain areas. There is no doubt that there are certain areas that look suspicious right now and need to be clarified. Most on here will agree with that and that if they are clarified then it will help bring investor confidence back again. Perhaps next financials will do so. Audited financials will be even better.
Because if you do talk to her and post a summary of your conversation with her for others to read, they will call you a liar and say that you never spoke to her at all. For the sole reason that they do not like the summary of answers you post. If you do not post positive info all the time then you are nothing but a liar on here about HBRM and there is no way you talked to the Dr and no way she told you what you posted. Of course the same persons will not call her and verify anything, just prefer to but prefer to make baseless accusations against you even though you are passing on what little info you obtained so that all investors here can make informed decisions about their money.
Well, she does seem like a nice lady at least in conversation over the phone. She was polite and at least took the time to listen and did not just rush through and cut me off ofter a minute and hang up on me. She said she was talking notes also so maybe she will actually discuss some of the issues with her people and come up with some clarification on some things for us.
Yes, her exact words were that there has been 2phases of buy back completed already but it was placed on hold temporarily. The dilution was necessary so as to have the money to fund the new ventures such as the vodka deal. She said they did not have the money available to get these new projects started.
Haha, have you spoken with the Dr? She has a very strong accent so I am guessing English may be a secondary language but just my opinion. I had some difficulty understanding her and she has some difficulty understanding me but overall, as I have stated multiple times, I do give her credit for calling me at home and at least trying to provide a little clarification albeit not much was put forth for the reason specified.
Yep, there sure was and it was over an hour long. In fact the Dr called me twice and left me a voice mail message as well before we were finally able to speak at 700am west coast time. Just to re-cap again a summary of our conversation:
1. 50M missing shares - Dr. stated they were sold at a "premium" and would not elaborate further.
2. Percentage of revenue in the vodka deal with Bismark - Dr. Stated that info could not be released since they were in a business with a private company. She said she would talk about this with her legal team to see if further details could be put forth about the deal.
3. 100M share buy back - Dr. said 2 phases of buy back had been completed but would not elaborate on how many shares thus far.
4. Dilution - Dr. stated this was necessary because the company had no money with which to get these other ventures up and running. Current products were not providing positive cash flow to fund the new ventures so dilution selling of shares was necessary.
5. CC after financials - Dr. was enthusiastic about trying this out and having direct phone communication with shareholders for questions and concerns. She also said that she wanted HBRM to move up to the next level with full audited reporting. I am guessing she means the BB board next.
Overall, the Dr. was polite and certainly took her time in trying to answer somethings in details and other things were left very vague. I understand that she is only allowed limited sharing of information with an investor per SEC guidelines and I give her credit for at least calling me back and talking to me for an hour. She said she was taking notes and understood the areas of concern that required further clarification. Guess we will see when the next report is filed for HBRM.
YOU ARE TOTALLY CORRECT HBRM NEVER ISSUED ANY PR'S ABOUT A POSSIBLE MERGER OR PHASE ONE, PHASE TWO ETC...THEY NEVER HYPED UP THE EASTER DEBACLE BY PUTTING OUT FLUFFY ENTICING PR'S TO LURE INVESTORS IN. ALL OF THE LINKS BELOW MUST BE WRONG AS WELL I SUPPOSE
http://quotes.stocknod.com/stocknod/news/read/21255986/herborium_announces_continuing_progress_in_key_strategic_initiatives
http://quotes.stocknod.com/stocknod/news/read/21499385/china_health_resource_forwards_final_termsheet_for_acquision_of_herborium_group
http://www.gridding.com/G/Search.aspx?GridId=&ContentDisplayMode=inline&FreeTextSearch=Herborium%20HBRMPK%20HBRM&Accuracy=90&Days=&OrderBy=ModifiedOn|DESC,FTSRank|DESC&MediaWidth=&SearchContentId=7a552cb9-3f20-4c8d-832e-e09a3d6ec39a&ParamInstance=SearchContent|7a552cb9-3f20-4c8d-832e-e09a3d6ec39a|Title,SummaryAbstract256
http://www.prnewswire.com/news-releases/herborium-group-announces-signing-the-letter-of-intent-with-china-health-resource-inc-for-possible-acquisition-140280833.html
http://presswire.einnews.com/article/100577655/herborium-group-updates-shareholders-on-potential-acquisition
http://www.tech24.org/96841penny-stock-herborium-inc-hbrm-moves-important-announcement-stock-falls.html
Herborium Group, Inc. to Make Major Announcement on April 6th 2012 Regarding Its Business, 2012 Expansion Revenue Streams and Launch of New Market Ventures
TEANECK, N.J., March 16, 2012 /PRNewswire/ -- Herborium Group, Inc. (HBRM.PK) announced today that it will make a major announcement on April 6, 2012 regarding its business 2012 expansion and new revenue streams through adding new Market Venture to Herborium Group, Inc. This new venture with over $150 billion market potential may be regarded as one of the most significant developments in the Company's history and is expected to have a defining impact on its growth.
Dr Agnes Olszewski, CEO of Herborium Group, Inc. stated: "we are very excited to confirm that the Company is getting geared up for expansion in all avenues of our products with substantial new revenue streams and new markets ventures soon in place. We understand the importance of natural approach to both health and quality of life issues and our initiative has always been and always will focus on the world of Natural Medicine, Wellness and Quality of Life products which have been growing at an unprecedented pace.The Company is now ready for significant growth."
I REALLY LOVE THE LAST ONE RIGHT AFTER THE LOI WAS ISSUED AND ACKNOWLEDGED BY BOTH COMPANIES IN THEIR SEPARATE PR'S. THEN OF COURSE HBRM REALIZED IT WAS GOOD FRIDAY SO THEY PUSHED THE ANNOUNCEMENT BACK EVEN FURTHER BRINGING MORE EXCITEMENT IN TO THE MERGER ASPECT. OF COURSE WE ALL KNOW WHAT HAPPENED THE VERY DAY THEY ANNOUNCED THE VODKA DEAL RIGHT? TIMBER TO THE BOTTOM WHERE IT HAS PRETTY MUCH REMAINED SINCE THEN EXCEPT FOR A FEW PROMO GUIDED SMALL RISES ON SOME NEWS THE COMPANY PUTS OUT.
.10 BY CHRISTMAS LOL
I have posted her responses several times previously so go ahead and look back at my posts from a month ago if you are so inclined. Everyone pretty much knows what the primary areas of concern are here that have yet to be clarified by the company which is why you see the PPS stagnant and investors sitting on the sidelines with no interest in my opinion. Traders here in and out but investors not here.
LOL,,,Dr already has my screen name, my full personal name, my phone number, my concerns, my email, etc...etc...etc... As a shareholder I am certainly entitled to post my opinion, good or bad and quite a few others here have voiced similar opinions so when you email the company ask the Dr to call me at home so we can talk about some things again for clarification purposes. She has my number and I am available this morning.
I posted over a month ago that I had over an hour long phone conversation with the Dr. She actually called me twice and we were finally able to speak at length. I posted a summary of our conversation wherein I asked her about the dilution, 50M missing shares, 100M share buy back, percentage of sales revenues from vodka deal and about her doing a CC with investors after the financial reports are released. I gave her credit for calling me and talking to me for over an hour. Although most answers were vague and not really answered I do respect the fact that she can only share certain types of info with an individual investor so that it is in SEC guidelines.
I posted my conversation summary on the site so as to share with others here and most just called me a liar and that I never spoke on the phone with her.
No Malc, they are right, there hasn't been any unusual trading at certain periods during the last 7 month since just before Easter. No massive promoting of HBRM by 3rd parties. No massive dumping of shares after the PPS hit a certain level. No lack of transparency from the company or undocumented and missing shares from their reports. HBRM is not in the Pump and Dump hall of fame website. There has been no dilution what so ever behind our backs and sure the company promised 100M share buy back before the end of 2012. Sure they always deliver on their promises right?
No, none of it happened and we are heading to the moon and .10 by Christmas for sure. Well, perhaps if they hit shareholders with a 1000 to 1 RS before then.
http://www.stockroach.com/herborium-group-pinkhbrm-came-to-kick-butt-and-chew-bubblegum/
http://www.pumpsanddumps.com/p/pumpsanddumpscom-hall-of-fame.html
Kind of like Bill Gates in his garage with a few other geeks working on this little chip thing for a computer huh? Went from basically nothing to a competition killing microsoft machine. So much so was the monopoly that governments even in different countries had to step in and slice them up a little just to give the competitors a chance in the market. Wonder if Elite will be that nice to its competitors? LONG and STRONG
JT said that is where he wants Elite and he has not failed yet on his promises to Elites shareholders. $4.50 a share to get there. Lovin it....
Agreed, next to 216 going into market, I feel this will be the most significant PR to come forth from the company with multiple events launched simultaneously and catapulting the company into 2013 where they can then devote their primary focus on 216. OUR time is coming longs....I know it....tweet tweet tweet
You allegedly are a shareholder correct? Just curious what you see as the positive signs that led you to purchase your shares in the first place. Obviously you expected to make profit correct? What are the positive signs for Elite according to your perspective that led you to become a shareholder?
The hiring of new employee's is an indicator of the new facility going fully operational and increased production line of products in my opinion. I firmly believe we will see all of this occur prior to next financial report.
Thats why I believe there is a 3rd party possibly a consultant pulling the puppet strings here. This would be the person who came up with the 100M buy back PR in an attempt to try and pump the PPS when it was declining. Also the person who comes up with these other fluffy non substantive PR's that we see here and there. Maybe even the person (or group) that got the elusive 50M shares. You never know.
I guess we will all know a little more when next financials are filed. I suspect we will see major dilution again. As you can tell by the stagnant PPS investors are not impressed with anything presently here. Traders are present looking for the 20% swings which is fairly easy when you are dealing with a sub penny stock sometimes.
Rest assured also knowing that the SEC is coming down very hard on penny stock fraud and those involved in it. Will be great to see audited financials from HBRM now won't it. But wait, does not see like it will happen until "sometime in 2013". Pretty funny, another vague bit of info from the company. Should give them enough time to figure out what to do about that missing 50M shares huh?
Oh yeah, I forgot, it's gonna be .10 by Christmas right? We are heading to the moon or mars right? Pretty comical but at least you can finally see the forest through the tree's. I see .0032 through the tree's now.
Funny thing is, they could buy back say 5K shares at a time over a long period and still be in compliance with their PR about the buy back. I suspect that is all they can do is something similar to that with the limited money they have available. Just my opinion but it will occur in very small phases over a very long period or time I bet.
If you look back to Easter you will clearly see 4 orchestrated PnD's that coincided with fluffy PR news from the company. Each time there was a group of promoters visiting the site. Each time the pump got lower and lower as far as the PPS level high. Now we no longer see that group visiting us any longer. Basically, the PnD worked well once or twice but the third and fourth tried did not get much of a result so now they do not even try any longer with this stock. The game can only be played so many times and the lure will no longer work to bring unknowing buyers into the stock only to see their investment go negative very quickly when the dump happens.
Good for you and best of luck. Yes, traders can do ok it appears with this one. Investors not so much in my opinion.
What I am watching is a PPS that has barely moved even after the nice fluffy PR. This indicates investors (not traders) are not buying the fluff and want to see "real numbers" in a report.
and almost 6M sold as well. Investors are not buying the fluffy PR's any longer and are waiting to see factual information instead via financials. Traders are here but not investors so there will be minimal movement in the PPS in my opinion.
Pretty much although the higher the PPS goes say past a dollar or two the harder it is for them to manipulate at will so we could still be on this board at those PPS levels. Kind of like Siri as some have mentioned.
Someone that is probably closer to Hong Kong then the U.S.
At this level, yes MM's control the price as evidenced by the other day when they slammed it down pre-market. As you indicate in your post, you do not want to be a victim of MM manipulation which indicates that you understand how much influence and control they have at this penny level. Once Elite goes higher, at some point MM is not able to control it at will any longer though and that time will come eventually.
Where ever the MM's want it to be. They control the game. This drop was all based on someone wanted in at a lower PPS and coincided with the CT and the new MM on the block. Planned and orchestrated in my opinion. Now they will let it start to begin its ascent again.
Your theory may be correct.
Agreed and the little movement in the PPS indicates that investors feel the same in my opinion. I won't believe the fluff until I see it written in a report for the quarter.
One would think they would be getting squeezed right now with the decent PR put forth but does not look like it so far. Investors just don't seem to want to bite the lure anymore with this one in my opinion.
With this nice PR, why do we have so much selling going on here? Way more sells then buys thus far. Why would that be? Aren't we going to the moon today?
By calling and asking her yourself. Pretty simple really don't you think?