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Of the ten tickers I am holding TBEV is the only green one today, not sure if I should be depressed about that or not.
No reason why the split would not be executed, TBEV does not currently qualify for the type of .0001 tickers that issue R/S's in order to continue dilution. FINRA just approved XUII a few weeks ago for a 1000/1 split in the Grays. We should be more concerned with the lack of volume today, that is a very bad sign.
Look at page 38 of the last filing.
Norman Birmingham, a former officer of the Company, does not own any equity in either EYII or FYA Field Services. Mr. Birmingham, as a
favor to the individuals who own EYII and FYA, who were running a business as individuals with no corporate entity having been set up, set up
the companies in order to give the owners of EYII and FYA some liability protection and a corporate structure. The businesses now operating
under the names EYII and FYA were operating prior to the formation of the actual corporate entities and are not startup business, although they
had not been run under a formal corporate entity. Mr. Birmingham does not own any equity of EYII or FYA, and is therefore not involved in the
agreements between the Company, EYII and FYA. Mr. Birmingham resigned from his positions as officer and director of the Company due to
personal health reasons. Mr. Birmingham currently assists with compliance work for the Company, but does not have a contract with the
Company and there are no plans to enter into a contract with Mr. Birmingham. Gallant Acquisitions acted as the initial resident agent for EYII
and FYA in order to expedite the process of having EYII and FYA formed prior to the contracts being signed, so the contracts would not need to
be signed directly with the individuals who own EYII and FYA. Gallant Acquisitions Corp. is the resident agent for 9 companies in Wyoming,
none of which it owns.
The Company
I would rather know whats currently taking place, if its been nothing for the past two months while they have had the money then there are bigger problems. If product is ready to ship then great at least we know one way or another.
this is a good point, what could be the hold up. Two years is a ridiculous amount of time to bring an already existing formula for a drink to market. If the next PR does not show some follow through most longs will give up on these guys.
thats awesome, send it to the IR guy maybe he can pass along and get this thing moving.
The last time the IR guy responded to me he said production takes 4-6 weeks and as far as he was told production was underway. This was on 10/30/14. News of product ready would do wonders to move the PPS upward.
I am too, having gone through the slides I dont see enough improvement to change the FDA's decision at this time. Although there may be an approval in the EU it looks a few months away from the US.
Lets hope it is well into production or ready to roll out, I can wait on the "big deal".
so no confirmation the product is actually in production ?
If there is an outstanding note due it can still be converted, depending how long they drag this split out it may coincide with a note that matures in March. Thats a worst case scenario but its still possible.
Its looking that way, I sure hope not but if thats the case I think I will have to pull the plug for good on TBEV.
Not when the CEO tells investors to direct all questions to their IR guy, going dark on investors is not a positive sign no matter how you slice it.
I've tried he does not respond to me. I have no idea why they direct questions to this guy if he cant handle the job. Joe V. needs to be replaced by a qualified investor relations firm.
according to the last filing Norman no longer works for the company, you may want to try one of the two PGCX employees.
Have him(Joe)provide an update otherwise he is useless to TBEV and should receive zero compensation.
Sadly, I missed the low of the day early this am otherwise I would have bought more.
Be careful with this, tomorrows call is internal. Nothing new has changed with the FDA.
What do you think the PR will contain that the S1 did not list ? I myself thought maybe they have additional contracts signed but why wouldn't they include those in the S1 to make the offer price of $1 more realistic.
If their PR does not include new signed business the PPS will drop like a rock, pinks put out fluff PR's all the time that dont help. I hope they have something substantial to say.
pinks scare me, thats why I worry holding this. Filing with the SEC is great and offering shares at $1 in wonderful but where is the revenue. Filing 200 times with the SEC will not bring in any revenue and lets be honest no one is going to offer even .10 a share if they have no revenue. They have gone back and forth on the whole KK thing, sales people in the field then there not in the field. It would be great if this takes off to penny land and beyond but lets be real 90% never make it.
According to their IR guy production had begun as of 10/30, he estimated it would take 4-6 weeks. If he is correct that puts us about now, I would expect the next PR not to be about starting production but the amount produced and when it will ship. Of course the IR guy only knows what he is told and that does not appear to be everything.
thats probably 50% of it the other 50% is the SEC deciding they wanted something additional or corrected verbiage. All I know is I have been sitting on this thing way too long!
I would venture to say carsalesman is correct, unless they do not execute within 60-90 days would be the only way they need to refile.
So the website is up, I dont really get it. Just add a /new and the old site is still up only a new home picture has been changed. 56 mil traded and green on a possible looming R/S is pretty positive.
Taken from the same group 12/1/14:
One under-$10 biopharmaceutical player that's quickly moving within range of triggering a big breakout trade is Sunesis Pharmaceuticals (SNSS) , which focuses on the development and commercialization of oncology therapeutics for the treatment of solid and hematologic cancers. This stock has been hammered by the sellers so far in 2014, with shares down huge by 50%.
If you take a glance at the chart for Sunesis Pharmaceuticals, you'll notice that this stock has been uptrending strong over the last two months, with shares moving higher from its low of $1 a share to its recent high of $2.59 a share. During that uptrend, shares of SNSS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SNSS within range of triggering a major breakout trade.
Traders should now look for long-biased trades in SNSS if it manages to break out above some key near-term overhead resistance levels at $2.59 a share to its 50-day moving average of $2.88 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 2.58 million shares. If that breakout triggers soon, then SNSS will set up to re-fill some of its previous gap-down-day zone from October that started around $6.50 a share.
Traders can look to buy SNSS off weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support at $2 a share. One can also buy SNSS off strength once it starts to take out those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
http://www.thestreet.com/print/story/12970263.html
I looked and the next note matures in March of 2015, we should not see anymore dilution anytime soon.
could be a group holding like that Sykes kid theres no way to know, I am hoping this is all being orchestrated per Abrams. Its all about timing after all.
Keep in mind a few weeks ago when that note was being converted TBEV traded 100mil+ at .0004 for a couple of days. We have not see that kind of volume since, I have a feeling there are quite a few speculators just waiting for any kind of news in order to sell into strength, if we assume 200mil wants to be dumped it could kill any decent run post split. This is just a theory, if 80% hold tight then we have no worries.
Very true, its a gamble. I kinda think our odds are a bit better than a Vegas casino.
R/S would not take place until close of business, it very well could take place today after the bell. The reason I'm only holding a few mil through this split. I just hope they have a update positive enough to raise the PPS immediately after the split otherwise we could potentially be right back to trips.
I agree, they would have put out some fluff PR by now. They are being directed what to say and not say. Since the 1.5 mil was confirmed(more or less)they have the working capital to bring product to market.
Someone on here has talked to the IR guy, seems like they could ask a very simple question "when will we be updated?" and post the response. I would be happy to report anything I found out but the IR guy stopped responding to me the day I posted his response here.
someone just spent almost $1200 on this, either they are insane or feel very strongly this is going to move north in the near future.
I agree, not sure why a pinky with no product even needs a IR guy at this point. Whatever he is paying the guy its too much.
I'm starting to think they will issue a update post split, which could be Friday. There's no reason for their website to still be down unless its intentional, you know its killing Toby to not respond via Twitter other than his inspirationals. Why else do a 1/10 split unless you have something to say post split, if it was room for dilution they were after a 1/100 or 1/1000 would be the way to go.
Its his group "The Street" but your right it was a nobody writer from that group.
you'd be surprised how many investors hang on Kramers every word, I cant stand the guy. Loved it when he was completely wrong a few weeks ago about LUV.
no kidding, nice recovery today!