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It actually said they already raised half of the money in the filing thats what I mean where they needed the $250,000 yet dilluted $700,000 with out filing everything on form d because a/s went from 490 mill to 590 mill in a matter of literaly 4 weeks. Very messed up here and the order for $216,000 , the product should be in stores by now, no ifs ands or buts
hate to brake it to you but the a/s is now 590 million I just called TA today. How could they dillute another $700,000 + without filing a form D? Originally the form D was for $250,000. Something doesn't seem right. Also the order on October first for $216,000, why aren't they in stores yet? It normally takes up to 6 weeks, but this is beyond that point right now. There should be at least some in stores. The Zapfundz website is not working, the Trac-It website is not working. I have already lost so much on this stock, that it doesn't even matter anymore, it doesn't feel right, still haven't sold anything other then 10,000 shares to raise a little cash but still own almost 3 million shares.
stil closed up on the day lol
if people would just stopselling like a bunch of cowardly toothless retarded children and let me buy then this thing will go higher. I keep on buy all this week and then more and more retards keep on selling. This is stupid and then these retards flip the bid and ask every 5 minutes on no volume. It is just pure stupidity. This should be 10 cents buy now.
what kind of dummy bids .005 after hours
I konw its 552 mill but will soon be cut by 200 million in a few weeks
around 3 mill the float is 252 mill as of today and i called the transfer agent today, still no increase in the o/s so were good to go. I hope to buy another 1.5-2 mill over the next few weeks
I really am convinced now that most penny stock traders are the dumbest of the dumb and don't even have the patience to wait for a company to start generating revenue. Last mnth they booked $216,000 in orders and should be getting tons new orders this month hopefully. I now own almost 1.2% of the company and soon 2% and then 3% as time goes on. ALL THEY NEED to do is capture 5% of the world stain remover market for this to be $150 million-$200 million market cap stock.
I am to I loved how the little yellow bus pulled up to Corky's house and honked the horn at 3:58 for the Special Olympics and he was in a hurry so he dumped all this shares. Hopefully, Corky is done selling now. There not that many shares up for sale anymore.
If you read the Green Bridge blog I posted below, if you read the comments section. Someone asked when are the pens going to hit the stores and they said "we are working with several retail distributors and should be announcing store lcations very soon. From my experience ordering some kinds of green products, it can take up to 6 weeks. Hell, I have customers of mine I sold antibacterial wipes for swine flu stuff and the back log right now is 6 weeks because they can't keep up with orders. These guys might be feeling the same pressure right now I am sure. A $216k order to fill on the first po is an awful lot to fill quickly, so I imagine how they feel on this one but you always need to start out with a big order like this to get the ball rolling, but not only that, these guys also have to have the distributors load the sku's into the system, get dislays etc. There is a lot more to it then people think and patience has always paid off for me in these kinds of start up companies.
check out the comments section on the GREEN BRIDGE blog. Pretty cool stuff and very well written
http://greenbridgeindustries.com/wordpress/?p=6
same retards that lose the same money day after day thinking they can day trade this stock. They have never heard of long term investng
I would hardly say they are just a marketing company and they are just sales peole lol. I have met many people that are in the sales end of the green products industry with Master's and PHD's in chemistry. In terms of margins it would really depend on the quantity of raw materials being purchased at a time and the quantity they are buying from the $216k order I would think the GM has got to be huge.
good questions.
yuppers finally someone who understands the potential of this thing and researched the industry. 85% of the stain removers on the market are toxic. I think they can realistically get 9% of the worldwide market in two years and 15% of the U.S. market in 12-18 months and the gross margin on this stuff is huge. U.S. stain remover market in 2007 was around $350 million and world wide close to a billion dollars, you are correct
The only way to make money on this stock is to be a long term investor instead of some retard with a crash helmet on in front of a computer buying and selling shares left and right before the group home van drives them off to their job at Kroger as a bagger.
it is beause ALL GRBG traders are mentally retarded
I think the little yellow bus came around and picked up all the retards who normally trade this and took them on a field trip to the zoo. That is the reason it went up today. Hopefully tommorrow if we have a Jerry Lewis telethon or something like that to keep them busy we could hit .0120 but I still notice some of the "special needs" people were selling a little. The little yellow bus must of missed their house on the way to the zoo. I bet if you met these GRBG sellers on the street, they would be wearing a helmet and mumbling to themselves and if you asked them for change for a $5, they would hand you a hundred dollar bill. I would not be surprised if the retard from Something About Mary was the one of the people selling shares yesterday.
I am convinced the people that trade grbg on a daily, weekly or monthly basis are the dumbest of the dumb and the most retarded of the retarded. They have no clue about investing. After the little yellow bus drops them off they hop on the computer and ALWAYS sell their shares at the bid price and ALWAYS sell their shares for basically nothing. It does not matter what day it is or what time it is, they always will give their shares away.
good post.
The average order for this type of product from large retailers is probably around $30-35k so I am thinking pencil grip probably got po's for 6-7 stores on my speculation. They said in the pr that they were going to be filling the order threw out the 4TH quarter and they just got the po on what Oct 6th. It takes a few weeks but I am sure you will start seeing the product hit store shelfs pretty fast
216k in one month is a large sale. Most of pennyland is not to familiar with how it works. The way they have it set-up with Pencil Grip is pencil grip gets the orders from say for example Walgreens and a few other stores. They get all the po's together and combine them and then submit them as one large po to Greenbridge. Not that many stores order direct from the manufacturer because it is to time consuming to deal with tons of vendors. Could you imagine if Walgreens ordered directly from the manufacturer on every single product? It would take way to much time. I know they do of course deal directly with Frito Lay and Pepsi etc but thats a much larger chuck of their gross sales.
The o/s is currently 498 million shares and I called the transfer agent to verify. Yes there are 980 million authorized but many of the authorized most likely are going to be used for more aquisitions. Now the market cap is currently around 3 million after the shares are taken off the market with a first months revenue of $216,000 from the first po. No matter how you bash this company it is looking better and better every day. One of your favorite stocks WNBD has over a billion authorized shares or around a 10 mill market cap with under a million in revenue and they don't even report revenue. At least Billy reports the size of the orders and is trying to diversify the portfolio. When are you going to cut these guys a little slack for christ's sake?
what I want to know is who is the idiot who has been putting in bids at .075 in the morning and after hours. What a freakin insult. It is bad enough to see these idiots selling when the stock is at .015-.0120. These people have peobably never traded penny stocks before in their life. I wish these people would just leave their stock alone and let grow like most normal people.
uh oh flo-bee is back one of the regular bashers of many stocks. They already have $216,000 in revenue booked this month and the liquor business they are already going into already has revenue. Billy used to work as Sara Lee where he was able to double sales. I am sure from working in that industry he has a lot of contacts. I highly doubt flo-bee works in the green products business or facility supply business and has ever even heard of a forecast. These guys are right where they should be in this stage on of the game and right on track
what I find funny is the more you harp on this company the more they grow. Now they have revenues. They have I think about five employees so you must realize people don't work for free. He needs to pay salaries, medical, dental etc. The amount that was filed in the 5k equals to the amount needed to cover these expenses imho. I am not sure what you are trying to point out here. It is a great company
wow I see some of the penny stock traders really are as sumb as I thought. Here are some points to clarify things:
1) 216k order at a show like the one they went to is considered excellent by most trade shows like these.
2) The PR today was not fluff. They got over 100 leads for the charity end of the business. If you are in sales you would know this is like gold and could lead to another few million in revenue.
3) I talked to someone who is in contact with Bill on a fairly regular basis and asked him point blank "is Bill selling shares?" and he said "I have not heard anything and if he was I would be one of the first to know" and this is coming from a guy I totally trust.
4) Green Bridge is not associated in any way with EESO.
5) The Spongetech deal even if it fell apart would have little if any effect on revenue.
You people have no idea how this type of business runs or operates not how it is valued or gross margins. I have experience in this area and Green products and I said before I own almost 3 million shares and it will be a cold day in hell before I EVER sell. This is a long term investment and if you hold a few years it will pay off beyond your wildest imagination. Let these morons sell all they want. Remember Bill still owns the majority of the shares when the selling is done I can tell you one thing people will have to pay a premium to buy this stock.
I don't know where you got that one but I personally know a broker that owns a position in this with a price target 0f 20-25 cents within 12-18 months. The PR came out on Thursday with the $216,000 order which is a great start.
I just try to ignore the day today fluctuations and charts don't matter on this thing. These penny stcok traders and mm's have the iq of a house plant. The fundamentals have been layed and I have a target of 30 cents on this thing. None of these traders understand valuations nor do they understand the green products industry. They probably have never sold any jan san supplies or green products before in their entire life and I have and know the market and know the sales potential from these retailers and distributors. It is better to talk to someone with industry knowledge then these house plant mm's and penny stock traders.
I told you guys it would only be a matter of weeks for a nice order and I was right. Working in the jan/san supply business myself, I know a typical po from a show like this takes about 2-4 weeks. They got it done in a normal time frame and I was pretty impressed with 216k. You should see orders of around 30-80k start coming in here and there over the next few weeks if everything goes as expected and so far everything has. Once the product hits the shelfs and they roll out the detergent and also private label stuff is what is going to make this the next oxi-clean if they advertise right but the pens alone should take this thing to well over 25 cents. Don't worry about the day to day fluctuations because eventually the mm's won't be able to stop this thing from climbing.
face it most of the people trading thing are idiots. Who would sell a stock when it is up 11% at one point and then sell it for a 19 percent loss from the daily high and the last sale of the day today was for 1000 shares at .0101. This is just stupid as hell
it says Zap on the the pen. Well walgreens carries spongetech products therefore something must be wrong with Walgreens. Just an Any I respect your CMA abilities but jesus christ this is way overdoing it here IMHO
Bill White is a good guy with a good reputation and gives back to the community. A lot of what he is doing now is for charities. I work in the jan/san business and Bill has a great reputation. Jared I don't know to much about so I can't really comment on the EESO situation.
No wonder why Bill White left to start GRBG. Bill is a good man and his new company is off to a great start. What is going on at EESO I have no idea
Below 5 cents yeah right. I don't think it will ever get below those levels. They are way to established now. It will be the buy of a lifetime on Monday but it already is right now imho. That New York post article is ond news and the latest sales imho are very accurate
GRBG is not SPNGE. Go to the SPNGE board. This has nothing to do with GRBG
I trhink this is just a result of people putting stupidly low bids. I told you people to stop being some stingy on the bid but now it has basically wrecked the stock. There is no one to blame but yourself if you lost money. I have not sold a singe share and still own close to 3 million shares but I am a long term investor not some stingy day trader putting in way undervalued bids. I was going to buy more but until people stop being so stingy, I am holding off.
what I find amzing is we are getting a $2.5 million dollar dividen on a company with a 5-6 million dollar market cap and people were actually stupid enough to sell to day in the last twenty minutes of trading to drag it down 4% when it was up until about 3:40 and sold to the cheapskates bidding .0122. These people must not understand market fundamentals
I just mean the product has only hit a week and a half ago and they just did their first show 3 days ago and people are expecting all this huge news coming out when in reality most retail buyers at a show if they like the stuff will meet a few days after a show but not the next day. People need to be just a little bit realistic that all. I am not talking months but at least 2-3 weeks or so.
I wish people who don't understand the business would stop over anazling everything and I also wish these goofballs would stop putting in such insanely low ridiculous bids the $2.5 million dollar dividend is coming up and it is no time to be Mickey mousing around anymore. VERY VERY VERY GOOD NEWS SHOULD BE COMING IN THE NEXT WEEK TO WEEK AND A HALF