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It depends on how the companies' lawyer defines "is".. lol. I'm not sure but as long as BNPD can prove that they were not being "payed" for consulting, but hired for raising money then there should be some monetary recourse for damages to the company by putting them off-schedule. There may also be some criminal elements to the case as well, but I'm not positive about it. IMHO
Ok. But why is the investor angry? Does he have a valid reason to bail out this way? Something he saw in the company or just revenge because he wants the company to do poorly?
Then those guys had better be held accountable. This is ridiculous.
I don't have L2 quotes. Is VFIN still dumping like gangbusters?
I take it there is still no info on progress towards production?
Anyone have any idea why this thing is tanking so badly in light of the report that came out on the 6th?
360K volume already today.and pps is dropping? This is not looking very good for us..
yeah, I first purchased this stock well over a year ago when it was selling at 1.50 a share then I sold when it got up to a little over 3.00 per share. The thing I don't understand is that the company is bringing in larger revenues each quarter. The fact that they have such a high debt is probably the reason why this thing is diving. I'm gonnna try to get more shares while it's low because I believe this thing will come back. imho.
"and even when you have good news, nobody cares anymore" is exactly right. Up until December JD was more than cooperative with returning my emails. Then in January I wrote asking for information and complaining about the lack of news. I received a nearly scathing email letting me know that I would not be receiving ant correspondence from him any more. This turn around in attitude combined with the lack of product and funds is truly making me angry. I was just irritated before and regardless of what happens now, I'm in a position where I have to hold. But if you don't deliver on your pr's we'll have to wait longer because those who are watching this stock won't buy in until they see something concrete, i.e. evidence that something is happening and production has begun.
What in the world is happening with this stock? Why is it plummeting when there is virtually no volume at all? This is ridiculous.
The point regardless of the risk is that people are investing/trading their hard earned money in order to possibly make some off of this stock. The difference between this and the lottery is that a business (mine included) has a responsibility to see to that those who have invested in that business are rewarded for their money being placed in that particular business. It is not good business ethics to make decisions which hurt your shareholders. I know that market has a mind of it own sometimes, but a company can do things which affect how the market will react, i.e. good pr's and reports on growth, earnings etc.
Now that CFUL has aquired a trucking company etc. .I think it's time to stop the expansion and get the debt paid off so that the company is making true profits and has some real value. As long as they keep their debt high it doesn't matter how much money they make if they are still in the red at the end of the year.
I asked for some pictures from the "product" launch. All I received was a picture of some kids standing in front of a limo which had a magnetic sign with the future products on it. There were no pictures of people actually holding the product in their hands. I am really starting to get fed up with the bs. Boy selling off shares through VFIN and dropping the pps in the dumps sure does give those who have invested a great bit of confidence. We are repaid for our investment by having the company take a deliberate action which makes "us" lose money. That's looking after your investors JD.. what a load of crap.
I'm glad I've not been watching this every single day because now I'm starting to get "mad", to put it mildly. I hope this thing turns around quickly in the next couple of weeks. Over a month since a PR. It's time for JD and the other officers to put their money where their mouth is. How about you officers not taking any paychecks at all in order to free up funds to get the bottling started? I want to see some personal sacrifice on their part before I make any contributions.
how can we be in line for production if the canning company hasn't been payed. No company that I know of will even begin the process of an order unless they have their money. They don't produce with the hopes that they might get paid someday. There are some serious issues that need to be answered in a very timely fashion. Once again I think all of us here deserve straight answers that do not have even the hint of ambiguity. Dale we would appreciate it if you could voice our concerns. 3 months of delays demands some seriously honest, specific, and truthful answers.
I got the 20k figure from an email that JD sent to me. So it's from the horses mouth. I don't understand why it would cost a small company that much to operate, but I know here in Florida.. it cost's on average around 5 to 6K just to rent a business building that has good location. Perhaps the parent company is also funding the startup cost of the Canadian subsidiary? I'm really not sure. I just wish we could be given the answers to our questions.
Anyone found out the discrepancy regarding the delay? Whether it is monetary reasons or some other reason? I was told their operating expenses amount to 20k per month. That still doesn't answer the question as to why the production has been delayed now for 3 months. I hope someone is able to get some concrete answers. I'm going to email Dale and we'll see what transpires.
I agree.. When I first cashed nearly 6 to 8 months ago the company was starting to make good profits, but they had a high debt from all of the expansion with the rail spur, larger barges, extra storage tanks, etc. It looks like most of that has been payed off now and they have reduced their debt significantly. This means that once quarterly statements come out we should all see a very nice jump in pps because they amount of profit will generate interest in the stock. imho
Oh really? So what is the hold up now if it isn't financing? Or are all of the obstacles out of the way now?
It was announced that CFUL had aquired more/larger barges to move more oil condensate and they announced that they were installing a railroad access to the site to move more oil in addition to that which was being delivered by sea. During that time the price rose from 2.75 to over 3.00 I bought in when it was at 1.50 per share. I think when I sold it was right at 3.00. I know we're in the dumps right now, but I believe we'll see some good movement again by the time summer comes around imho.. Possibly before then if their quarterly earnings report shows good revenue.
If financing doesn't come through soon.. looks like we won't see much in the way of gains until sometime in late summer imho.
How is everyone? What's the latest buzz here on CFUL. I had it nearly a year ago and sold it when it reached close to 3 dollars per share. Made a pretty good profit. Just bought back in.. Anyone have any good dd?
The plan itself is a good one, but don't tell everyone you are going to begin production without FIRST having finances sercured already. That is not only foolish, but ridiculous. I'm glad I don't run my company that way. I'd be out of business already. Time for these guys to put up or shut up.
Sounds like a good idea and there's no way I'm gonna take a loss on this. I'm going to at the very least break even.
Yeah.. we're talking 4months of delays now. The product was supposed to be bottled in October and now it's January heading into February. Perhaps Dale is privy to something we aren't but it's getting beyond ridiculous now. I've had my shares for over a year now, not counting what I've added along the way.
I sticking this out but the delays are really getting me sick and tired of the excuses. I've sent emails with regard to my feelings on the delays.
To everyone who requested the pics and business plan: could you please email me again. I replaced my dinosaur computer with a new one and I would like to correspond with you. You can email me at williamtolp69@comcast.net
Looks like the mm's are playing games with this thing again bid 05 and ask at 07 This is getting crazy.
Just emailed JD and the guy from clubscene in the Tampa area. I requested photos of the product launch from last week. I also requested an update on bottling and voiced my displeasure at the continued delays. Anyone else been in communication with JD?
Anyone contacted J.D. recently? I'm thinking about sending another email to find out what's going on.
Any of the mm's lined up asking 009 yet?
Thanks, the software I'm using won't let me view Level 2, I would have to pay almost 100 bucks a month for that software subscription. Thanks for the info.
I'm using Etrade's Market Caster which gives me realtime streaming quotes. I don't have anything to see Level 2 quotes at all.
Would be nice to close at 008 today. Doesn't look like theres much support right now. The ask is at 007 even though we moved to 008. Hopefully we'll get the support to finish up the day at that price.
Consistently at close to 2mil in volume each day with good accumulation and a float that is diminishing as we accumulate. This is setting up really nicely for next week and beyond imho.
That would be really nice to close out today at 008, then keep moving up as the week progresses into next week. With the volume we have been doing this week the float has to be slowly drying up as well..
GM all. Let's see what is in store for us today. Would be nice to see us close again higher than we did yesterday. A nice steady uptrend is exactly what we need prior to the release of a pr that bottling has begun.
I like a lot of movement, but this gradual scaling up is really nice. I think it shows the strength of the company. Thanks for the link newbee.. that was really encouraging. Let's all hope for another pr next week sometime.
Testing 007 right now.. this is looking real good.. We'll need some more volume to move past it.
anyone know of a software program that gives you free real-time streaming level 2 quotes so I can watch the level 2 on BNPD?