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Zero proof on a RS.
LOL..... Soon you will be asking what happened in the last 10 minutes...
Oventa - Confirmed 15 employees.
Cruzani - Confirmed 1 employee (Everette)
Now that the employee debacle is clarified....
Not sure where the 300 came from, nor will we get an answer. Time to move on.
Glad they finally rectified that with the SEC.
Correct. The restuarant is up and running, however, Binding agreements can still be broken. October 31st is the due date. Either it will be off the table, or it will have gone through a definitive agreement signing.
Binding does not mean official.
Another thing to think about... this is a catering business more than a restaurant. They are only open for lunch. That is all. This is not a full scale restaurant that is creating multiple individual dishes. Look at the menu and you will see their lunch menu is quite unique in the dishes, but they only have about 8-10 dishes.
Apply the catering concept to franchise opportunity and QSR provisions. With catering, you are creating MULTIPLE portions of the same entre. QSR is also about the quick build of a standard entre or entres.
This is a perfect firt for customizing a specific menu option for restaurants.
McDonald's also has a test kitchen which probably does not run like a full serve McDonald's franchise.
Give it time. Let the dust settle, and see what is possible with this. It's only been one week and already we have certain individuals posting how this was the worst decision the company could have done...
He ususally announces things on Tuesdays or Thursdays.
that being said, the 8k was on Wednesday, so my theory is flawed.
That is from 2 days ago.
And we are back with the gag....
Rome was not built in a day. In order to build a business, you have to start somewhere.
Do you think the investors in Chipotle knew right off the bat the company would be as successful as it has been?
If every retaurant owner assumed your thought pattern, no one would venture into new business because "80% of restaurants fail within 5 years". If that were the case, your statement should read "100% of restaurants fail becuase they were too afraid to start"
Feel free to send me $100 and I will gladly go and take some photos, while enjoying the food :)
Not heading there for the dinner, but will try to pass by this weekend and snap a couple photos.
Subway Sandwiches restaurants fit about 10 people sitting down. It's a QSR.
Most trendy restaurants in the city host between 20-40 ppl at one time. This is not a TGI Friday or Bubba Gump.
Completely different model. PERFECT for investors.
Their location is in one of the trendiest areas in Toronto. Great opportunity for them.
Queen West was just mentioned by Vogue as one of the coolest neighbourhoods in the world. Definitely subjective, but it is definitely unique. Lots of hipster type of individuals live and visit this area. Young money, lots of young professionals, and a exceptional nightlife all flock to this area, so their market is huge. Not to mention, this is the market that will buy into the Vegan/Gluten Free/Veggie craze that is going on right now.
Hopefully everything pans out with the Purchase agreement and that it all finalizes. GLTA
I was curious about that as well. Why did the PR say it was a soft open when some articles mentioned they were opening in Dec 2017.
I just called them to ask, and they said the restaurant just opened up ONE month ago. This explains the soft open, as they are also only open for lunch.
Looks like a great concept though!
Your wish is my command.
Photos will be coming down the line.
It's an LOI situation. No definitive agreements are in place yet and nothing has closed.
The company is being transparent. What more do you want Dennis?
As I am in Toronto, I will check out the location this weekend.
Thinking we are going to get a decent PR coming down the pipes in the next couple of weeks.
Anyone know when Richard is back from his Vacation?
Why isn't this trading today?
Good question, but they sound good :)
"We are delighted to now also report substantial operational activity in the firm. We have many positive developments occurring for the benefit of UHLN shareholders.”
All aboard!
Very strange and pretty sloppy on the part of Everett if this was a slip up.
According to Everett, he has no part in FLSR anymore... Paul also said that as well. If their hands are not in the pot, whose are?
I believe they just shut down @FLASRFLASK on Twitter. Finally.
Now hopefully they update the UHLN one.
Either he deleted it, or I am confused.
Do you know what it said?
JBZY is not an investment company. It has never been marketed as an investment company.
There is no inside information that has not been made public.
No laws against reposting emails.
And Just to put this in perspective, I have shares, and I am not selling.
I also was not asked by either to post these emails.
I understand your positions, however, I appreciate when people hear from those involved in the actual company as it is sometimes difficult to hear from them. I post to keep you all updated, regardless of the harm in doing so. At this point, can damage really be done? Also, witholding the informaiton doesn't give anyone power. This is already in the grey and is not moving, so what's the harm.
All it's saying is that neither Everett or Paul seem to want to admit they are a part of the stock anymore, let alone the company. So who is?
See my latest email posts...
Final email correspondance from Paul. I'm very confused now....
Who is running this company?!?
CD
11:38 AM (2 hours ago)
to Paul
Thanks for the response Paul.
I'm a bit confused though. As per the press release April 13, 2018:
"Paul Taylor, the Chief Executive Officer (CEO) of The Bridgeport Group & Chairman/CEO of FLASR Inc, who commented, “before we can fully unleash our exciting disruptive business we have to bring FLASR Inc. back to a fully reporting public company while we aggregate all the old FLASR notes “at the right price”. We don’t need that type of overhang, particularly as we didn’t have the benefit of spending that money. Specific plans for the 2018, include operational reports that will be made public after we emerge from the EDGAR and FINRA processes and then address the Company’s equity price and condition and put that into perspective.” said Taylor. "
Does this not signify that you are the CEO/Chairman of FLSR?
Paul Taylor
12:06 PM (1 hour ago)
to me
Finra asked us three questions
Why Flasr Inc never changed its official Nevada SOS record ?
Why Flasr never changed it’s OTC record ?
Who had access to sell billions of common shares?
We don’t know the answer to any of those questions.
Sent from my iPhone
CD
12:19 PM (1 hour ago)
to Paul
I do not follow.
Who is the "us" that you are referring to? What do these questions have to do with knowing who the CEO/Chariman are of FLASR, Inc. Could you be more clear?
As you were unable to answer those questions to Finra, where does that leave the company in terms of moving forward?
Paul Taylor
1:22 PM (18 minutes ago)
to me
I do not follow.
Who is the "us" that you are referring to?
My partner and myself.
What do these questions have to do with knowing who the CEO/Chariman are of FLASR, Inc.
Finra asked the same question. In order to be an officer of a Public corp one must be referenced at the very least at the State of Incorporation. In FLASR’s case that would be NEVADA.
Could you be more clear?
As you were unable to answer those questions to Finra, where does that leave the company in terms of moving forward?
As far as I know FLASR Inc. is gray sheets and probably will lose its registration in due time. That is for the SEC to determine.
CD
1:28 PM (12 minutes ago)
to Paul
Alright. Does this not concern you considering your share position?
Are there any steps being taken to get this company up and running again or is it a dead end?
Paul Taylor (Work)
1:31 PM (8 minutes ago)
to me
Alright. Does this not concern you considering your share position?
I have 100% losses before. Its not the first time and I’m sure it’s not the last.
Are there any steps being taken to get this company up and running again or is it a dead end?
I am not involved in anything related to FLASR Inc.
So now we have a stock with no one at the helm, running in the Grey Market, with no way of knowing what is next.
No Everett, no Paul Taylor.
Bah!
How are you guys communicating with Han?
Correct me if I am wrong, but he is in China, no?
Please post the correspondance and the files NYGrande.
Thanks in advance.
Email Updates from Paul Taylor:
CD
10:51 AM (47 minutes ago)
to Paul
Hello Paul
Hope your long weekend was a great one.
I just heard from Everett Dickson who let me know that you are listed as the CEO of Record for FLSR. Your last message to me indicated that Everett was the only remaining officer of record.
Could you please clarify this? It seems fairly contradicting.
If you are the CEO of record, does this mean that Bridgeport/Dinostar is the company that is affiliated with the FLSR stock?
Thanks in advance for the info.
Chad
Paul Taylor (Work)
11:11 AM (28 minutes ago)
to me
Chad,
This is the Nevada SOS record for FLASR Inc;
https://www.nvsos.gov/SOSEntitySearch/CorpDetails.aspxlx8nvq=JcZRPHiNn84b9kzMeM7LnA%253d%253d&nt7=0
This is the OTC record for FLASR Inc:
https://www.otcmarkets.com/stock/FLSR/profile
I do not see my name anywhere on this Issuer.
Best
Paul Taylor
CD
11:38 AM (1 minute ago)
to Paul
Thanks for the response Paul.
I'm a bit confused though. As per the press release April 13, 2018:
"Paul Taylor, the Chief Executive Officer (CEO) of The Bridgeport Group & Chairman/CEO of FLASR Inc, who commented, “before we can fully unleash our exciting disruptive business we have to bring FLASR Inc. back to a fully reporting public company while we aggregate all the old FLASR notes “at the right price”. We don’t need that type of overhang, particularly as we didn’t have the benefit of spending that money. Specific plans for the 2018, include operational reports that will be made public after we emerge from the EDGAR and FINRA processes and then address the Company’s equity price and condition and put that into perspective.” said Taylor. "
Does this not signify that you are the CEO/Chairman of FLSR?
Will post the response once received.
Strange things afoot....
Email response from Paul Taylor Aug 16
Paul Taylor
Thu, Aug 16, 12:03 PM
to me
I do have one last question though, if possible.
Is Everett Dickson still a part of the FLSR team, or have you assumed full responsibility of the Stock?
Everett is the only remaining officer of record.
Email response from Everett Dickson Sept 4
In regards to FLSR, I'm surprised to hear that as I just heard from Paul Taylor that you were the last remaining Officer of Record for FLSR.
Are you able to share who the current owners are?
Thanks again.
everett dickson
10:36 AM (9 minutes ago)
to me
I'm not sure why Paul, as the CEO of record, would say that. The filings and the press releases are clear.
Just received an email response from Everett regarding the name/ticker change this morning. Everything is still ongoing with Finra. Waiting on their approval.
No word on anything else.
Stay tuned.
Sorry, but this has nothing to do with JBZY.
If you read the article, you would know that we aren't even talking the same thing. The type of company you are referring to is an investment company, not an actual company. I don't know about you, but I have invested in a company with JBZY. I do not expect that they are taking my cash investment and investing it elsewhere to make money. Again, this has nothing to do with the company's direction.
Talk about stretching the reach.
Please bring something to the table that actually speaks on the nature of the business.
I think he knew what I meant.
Not a big difference. I didn't mention anything about the SEC.
I think they are being strategic with when they are releasing info. Last Q-10, it was signed by Wang dated April 28, but was not released until May 25th.
I am sure that they are just holding onto the Q, and will release it in the coming week or so. I can't see them holding onto it longer than a week or two.
From my recollection, RO did the same thing last time, stating he didn't know anything, and then dropped the Q days after. I guess we will see.
I think we should start to see some interesting activity in the Q's starting next quarter, provided that the charging stations have been brought into JBZY. That is the pressing question as to what is all involved in this holding company. We already know car sales will be a part eventually, as they stated the sale of 3. Now we need that number to increase.
I do not believe they have mentioned the charging station info in the Q's, so I'm expecting that to be included in Q3 company details.
Everything is starting to pan out. All in all, expect big things by 2020. Yes, it's not immediate, but it takes time to roll this stuff out. This was never just about the car sales, but also the charging stations and technology, all which involve land factors, infrastructure, and political hoops and boundries. All of which, the company seems to be navigating.
Current Email from Richard Oravec:
Emailed:
CD
Thu, Aug 30, 11:52 AM (21 hours ago)
to RICHARD
Hello Richard
Hope all is well. Hoping you can provide an update as to who would be filing the Q10 for JBZY. I know we have to wait for the company's approval to release details, however, are you still involved in this process of sumbitting everything?
Looking forward to hearing from you. Thanks in advance.
Response below:
Key thing to note is his wording using "YET" and the fact he is awaiting their re-engagement... he is still involved it seems.
While I agree that the statement is very misleading, it was already cleared up where the company stands. I do not understand why one continually reverts back to playing like one does not know anything that is going on.
The current gross annual revenue for Oventa is approximately CAD $1 million dollars. - taken directly from the Q10, which you read, and continually post on.
$25m is the projected revenue target, and seems like a independent valuation of where the revenue could go, rather than stating where the actual revenue is. I'm not sure why they chose that play, but they did.
Regardless.... currently $1m in revenue, period.
In regards to the number of employees, your guess is as good as anyone elses. You cannot operate a full fledged processing plant with just 12 people. One person does not clean an entire 39,000 sq ft. commercial bakery. One person does not repair and maintain all the equipment in there.
I do not care about how many employees the company has. Just make a good product, and get the sales. Everything else can be scrutinized later.
If you paid attention to everything that has been released, you will know that there is not a $25m valuation. That was never discussed. What they mentioned was that Supreme Sweets is CURRENTLY generating $1m in revenue through their sales, and that they are now working on increasing that to $25m via their upcoming sales strategies. This will not be completed in the next year. They will continue with the $1M sales forecast for the next year, and implement the growth as they continue.
You are wishful in your thinking that just because they purchased supreme sweets that overnight the valuation will have increased to $25m, when there is nothing backing up that claim. Once they start producing the higher sales, expect the valuation to increase. In the meantime, let the company do their thing and continue to build partnerships and revenue.
Of course!
Holding til I Make bank :)
Loving the long term potential here for Supreme Sweets...
Phase ONE
First year - One Million Revenue stream
Second year continuing on - Increased revenue building towards a $25mm stream.
Phase TWO
Increased growth to double the $25mm to $50mm revenue stream.
This does not include the revenue streams from TRUFood(Rebranded), or any other acquisition made after this date.
We are looking at over $50m revenue potential here folks! All in time, that is.
CRUZANI CEO, Everett Dickson, comments: "This is more evidence that CRUZANI has been doing what it said it would do, and more good things are coming. We are in various stages of practical discussion with food service entrepreneurs. The outcome will be to vend in assets to CRUZANI that deliver more value to shareholders than the cost of those assets. It's not complicated. This will continue to strengthen our balance sheet and will boost combined and consolidated revenue as well. We are only interested in assets that can be monetized through real business activity in the near term. We look forward to sharing operational updates during Q3 to illustrate that we are building an exciting company. The quality of our work is not typical in our peer group, so some early skepticism is to be expected. Our SEC filing today and further operational updates will demonstrate how well things are shaping up and how substantial the CRUZANI vision really is. We are a gem in our field and have a bright future."