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thank you for the info Gary. I will call them in the morning.
Well she certainly didn't answer all my questions directly but I understand she has limitations on what she can say to an individual investor. Of interesting note, she said HBRM was approached by the new PR company to handle their PR's. Not HBRM picking them. They are quite expensive according to Dr. Agnes but HBRM is receiving a special deal to use them. It is obvious that she needs to update the share buy back PR for all investors and it would be nice to get some documentation on the 50M shares but it sounds like it was in in house special sale price to someone or a group of insiders. She did state that HBRM will be receiving revenue from the gross sales of vodka but would not state what percentage. Still a lot of unanswered questions but at least she returned my call (twice actually). Funny though, she claims never to have received any emails from me and they were sent to both the IR and her personal email address.
What is this? It states nothing about HBRM vodka or the stock.
Who did you speak with at the liquor store that confirmed this. Provide name and contact number so that we might verify your story as well.
What was the name of the person you spoke with and provide us a number so we can verify your information.
You are more then welcomed to call her also and verify my information. As I stated, I was pleasantly surprised that she called me at 7:00 am this morning west coast time and talked to me for an hour. There are areas that need to be clarified for investors and she said she was taking notes and will respond at some point to do this. She was also very enthusiastic about doing a CC after their next filing which I think would be good for investors as well. She said one of her goals was to move up to the next level from here to BB which can only help with investor confidence as well in the company. I hope she follows through with what she told me and by the way for those interested - the 50M shares were sold at premium according to the Dr so that mean an insider got a deal well below the PPS is what I interpreted from her statement. She would not elaborate and said that nothing in the financial report required any details on this transaction. I am skeptical of this for sure.
No, but I was glad that she at least called me back finally. Expect the dilution to continue based on what she told me. She also said there have been 2 phases of share buy back thus far but they had to stop it and dilute to get some working capital. She would not say how many shares had been bought back and retired. She is going to speak with her legal and PR to see how she can update the buy back promise for investors. I am guessing very little has been bought back thus far because HBRM needs more money badly.
Not according to my Schwab chart but I am sure you can post a chart showing that 2-1 ratio right?
My account chart shows a sea of red sells and few green buys.
Cmon, I am sure you have seen the robo posters all over this site the past few days.
Oh I am not on your train yet by any means. I do give credit where credit is due though and at least the Dr took an hour this morning to talk with me which is something I have hoped for. I really hope she (HBRM) becomes much more transparent with their investors all together. This is the only way to bring back and build confidence in the company. A paid promoted pumped up day like today is ok for traders which is what we have here but investors are what is needed for true and sustained rises in the PPS.
They just announced their first wholesale order of 1000 cases so I doubt they would be in stores yet. They may not be sold in all the buy right stores either for instance, some companies will take a sampling of the product in a few of their stores and if sales look good then then will expand their order and put the product in more stores.
What still needs to be clarified is how much of a percentage of gross sales revenue will HBRM be receiving from this partnership with Kamasutra. The Dr would not put a figure on this over the phone and seemed to emphasize the exposure of HBRM on the label more then the money from each bottle sold. I feel that a company with large debt should be focused on both exposure and revenue sources obviously. The Dr did say HBRM would be receiving revenue income from this deal but that she would have to speak with her legal,PR and Kamasutra about putting out an actual percentage number so investors would know more specifics about the partnership. I feel this is important to know and have to wonder why it is being held in secrecy but the Dr said that when dealing with a private company, not everything can be shared with the public companies investors. This is understandable but certain allowances can be made in my opinion.
I still think certain areas require further clarification for investors. Obviously I can only receive limited info from an investor relations perspective. I think the Dr fully understands these areas that require clarification to bring back investor confidence. She said she is going to speak with her legal adviser and her PR company to see how she can put out some additional info to clarify these areas as thoroughly as possible within guidelines for her investors. Some of the difficulty arises because most or her partners are private companies (LLC) and not public companies so disseminating info needs to be approved. As I said, I am a little more optimistic then I was before speaking with her but a number of areas still need to be clarified. The traveling paid promoting certainly does not help sway my opinion away from being a scam. The Dr did mention that one of her goals was a move up to BB which I think is a good sign.
No I was busy all morning talking on the phone with Dr. Agnes.
Now that you mention it DE I do have an opinion. I spent an hour on the phone this morning with Dr. Agnes who finally returned my call. Although somewhat difficult to understand due to her accent, she was very polite and addressed areas of concern that have been high lighted on this site in accordance with OTC/SEC regulations for information sharing of course with investors. This included the share buy back, the missing 50M shares and the deal with Kamasutra along with her deal with the new PR company.
One thing to note is that during our conversation, I suggested that she hold a conference call the following day after filing financials to address areas of concern from investors and she was very enthusiastic to do this after the next filing period.
Although, I think there are still unresolved issues that need to be clarified for all investors and paid manipulation promotion is rampant, after speaking with her for an hour, I have a little more optimism then I had before speaking with her. I give her credit for taking an hour to speak with me and clarify areas of concern within the guidelines of information that she is allowed to provide to her investor.
Well the A team failed to bring any dramatic promoted rise yesterday so they brought in the B team today and what do you know, same result. This one is played out IMO.
Good synopsis Hike, really gives you an indication of what is to come once the full pipeline gets rollings aside from 216 and 154 stuff.
They will only be able to play these MM games for a short while longer. Once Elite establishes its much higher base when everything on the plate comes to fruition and more long term investors rather then traders are present then the control will diminish for the MM's.
It has been going on here for a year and half that I have owned stock. Watch how they walk it down before the financial report and then let it pop to 14 for a 40% profit and then short it at 14 and walk it down again to make money on the short side also.
Wash, rinse, repeat but this scam only works for a little while as you see here now with the promoters putting in OT and nothing happening with the PPS.
What alliance? With who?
Left the dumb Dr another voice mail message this morning. Do you think she will call me back and clear up all this image of fraud? Do you think she will honor her statement that she puts in every PR about being open and transparent with her investors?
LOL, ok zen master Gogators....
Funny how the same scam does not work like it did back at Easter time huh?
I am guessing another 150M float increase by then which of course will result in the old RS to keep the scam going.
The receptionist is for the whole building and nothing to do with HBRM. Yes, they have voice mail. Why they have it I do not know because they do not return messages. Seems like they should cut this for cost savings measures. I do agree with you though .000 seems inevitable sooner then later especially with their refusal to be open transparent and honest with their investors about the SS discrepancy and the 100M buy back.
Yes, that is why I do not spend much time watching the site or stock like I used to. Once 216 came to patent fruition, I knew it was game over and only a matter of time now until Elite goes big time. I have never felt more secure in an investment before.
When was the last time you actually spoke on the phone to a live person from HBRM. I have been calling their new office number and the receptionist for the building answers and transfers you to the dumb Dr voice mail. Has anyone here actually been able to talk with a live person either IR or BOD from HBRM recently?
This is absolute comedy in here again. Do you guys have regular shifts? Paid by the hour or post? I see the same posts repeated for different stocks so do you guys just keep them in a file and cut and paste for efficiency? Do you honestly think that putting up 100's of posts and getting HBRM #1 on the boards is going to make investors flock to the stock? It worked well back in Easter but once the PnD scam has been orchestrated it is very hard to get it to work a second time let alone a third of fourth time.
Yes it is. Really does not change the inevitable direction and future for Elite but would be nice to get a few bumps and see your account increase with each launch. I suppose it is possible that Elite is holding everything close and will announce multiple launches simultaneously involving the second facility but who knows. Earnings should be decent and the CC should give us a few more hints of whats to come soon.
Probably depends though on how much they reinvested in R&D for the company.
I gotta say though, I was expecting a few more launches the past few months. The FDA is ridiculously slow in getting this stuff through which indicates to me inefficiency in another government agency,go figure. No wonder we have drug shortages.
As if your collection wasn't big enough already (wink)
Once again your opinion of me is incorrect and I suggest you review my prior post. You bring nothing to the table of relevance and your postings have nothing to do with the HBRM stock but merely a personal attack on me which of course will get your postings removed.
Well Bull, you are entitled to your opinion but the postings in a room never form my opinion although there are at times very good factual postings which can help with your DD as I am sure you know. The majority of them are not worth reading. I was focused on the buy out and the fact a larger profitable company was looking at acquiring a small shell company to help increase their presence in the U.S. market place. In hind sight, it is my opinion that HBRM was never sincere in their position about selling to CHRI. They drama hyped up the PR on it though only to deliver viagra vodka and you see what has happened since that announcement. Realizing their free fall they attempted to right the ship by announcing a 100M share buy back while simultaneously diluting the SS behind their investors backs just to pay the bills I am guessing. Then of course you have the paid promoters and who paid them to be here? The company? a 3rd party? Have insiders been dumping? Did the dumb Dr dump as well? Then the fraud and mystery gets even deeper with the missing 50M shares as pointed out very well by Malc.
Perhaps HBRM should have given their investors some free astro glide before they massively diluted the SS behind their investors backs while announcing the 100M share buy back to increase share holder value. Another nice deceptive entrapment ploy by the company.
That sentiment was most evident back in Easter when everyone dumped their shares on the initial PR about viagra vodka. But really what is it about this that investors have to be optimistic about? HBRM has never once stated what percentage of revenues profit they would be receiving if any. One can only assume it is very low because they have no money so they are fronting none of the risk in this venture. Kamasutra vodka has been around for years so it is not like it is a brand new idea with a flashy bottle.
You can joke all you want but of course it was another "attempted" PnD which fizzled out. It was set to coincide with the vodka unveiling. Problem is this game has been played here several times previously so you don't get the same result like you did back at Easter time. This one has been played out and is making its decline back to the .000 range then maybe an RS and some new BS PR's to try and get the game going again for awhile who knows...
Sure sounds like the SEC needs to look at this one for sure in my opinion.
That is exactly what I am talking about. I don't like to be deceived and scammed. This is personal for me not financial. I have sent repeated emails to IR asking questions and phone calls as well. Not one reply. Is that the way a professional business operates?
Marketing what? Do you think people drinking viagra vodka are going to read the back label and small print and see HBRM and all of a sudden start buying over priced acne medicine? Cmon, why didn't HBRM state in their PR or subsequent PR what percentage of the sales revenue they will be receiving from this venture? Answer - little or none due to the fact they are assuming little or none of the financial risk. They have no money. They have large debt. What kind of business direction is this? Herbal medicine and now vodka and then allegedly energy drinks?