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This is Trump though, so rule nothing out, especially if Pelosi and Schumer piss him off about his baby known as "the wall". Could be his undoing though if he bails on his rural base.
Kali has little, if anything to do with EverX, so this is for the GNBT business and the custom CBD formula they want to market and showcase.
It's interesting to hear about the small order issues and their attnetion to customer service. I'm hoping that they are so busy filling the orders for EverX and the other newer products for KGKG* that they don't have the time to fill smaller orders. They might want to get a distributor lined up that is willing to take that on completely for them if that is the case - and WalMart's website isn't it.
Nice - thx for the update
and we have a new FUD angle to hear about...
The bev products have been on the market long enough for the FDA to act, so why haven't they already done it? It's not just ALKM doing it either.
I see this angle playing out a lot like the SEC one has.
No RS required. My guess is Q1 2019.
And it already hit that target. The next question is how soon will it hit again?
Mostly doesn't anymore... yes, this is a different game than Decision and the personalities on the board seem to be better for sure. Looking forward to a nice end to the year and a very positive 2019.
Thanks for posting. Hopefully no snags and they can get the vote through by the week before Christmas. I think Trump needs/wants to get this signed for reasons beyond what we're interested in.
Based on the current menu they have posted, probably won't be any updates to the menu itself. Maybe they post something as part of their "What's New" Section, assuming they have product on site by next week...
Perhaps you can share where and how you came up with that price target? A link or any substantiated reference would be helpful - thx!
Until somebody publishes a schedule on when the house and senate will vote 0n it, doesn't really matter. I'm fairly sure Trump will sign it quickly once completed, but Congress moves at its own pace. Let's hope it is on the president's desk by 12/21.
Without the farm bill, what's going to make it move? I like the educational campaign announced today, but that's going to take time. Even if everything goes swimmingly well in getting the bill signed, do you really think this is going to be over $0.25 by Christmas?
Maybe the CEO has some other news waiting for the farm bill, we'll have to see.
yes, the chart does look bad... The farm bill is this year's game changer though and the circumstances this week are completely unpredictable. I think this will get pretty exciting in January, just that the slowdown to Christmas and into New Year's is inevitable.
If you look at it, today is a pivotal day as it relates to the new year. 30 days out is now the first full week of January - when all the fun is really going to start...
The portfolio of customers continues to expand... nice find
Thanks for the feedback. The real question is what the mania spike will be and how quickly they actually get peeps generating revenue/sales. The drop off the spike will be the key. Depending on announcements, I think 0.50 is possible with a pullback into the dime area. Not sure they can justify a market cap of $40M on less than $5M in annual sales - I'm being generous/ambitious on what they will generate in 2019 :)
Time will tell and we really need to get the Farm Bill signed to actually get things rolling. I have a feeling a lot of news will come out shortly after. All things considered with the holidays, the real surge will likely be in January, but an early Christmas present would be nice :)
Is that just a WAG, or do you have some thoughts on how and when?
Pending the farm bill and other announcements in the next two months, I could see them spiking over 0.20, but over 0.50 (unless it's 2020) seems a bit high. I'd love to see it, but just trying to keep things in perspective.
And oh BTW that 0.001 is 150% higher than the close on 12/5/17. Stock price performance is relative to the time frame considered and I think its fair to say the company is much better positioned than it was 12 months ago and the filings are coming out. If we go more than a quarter without a formal financial filing, then you could see the SEC take action. The company is behaving in a manner that would be consistent with what the SEC might demand - no hype or misleading public communications and progress on getting current.
As mentioned, there are a lot tickers that are in worse shape or have more issues than ALKM, many with boards on iHub. The only caveat to the situation is if ALKM filed miseading info in the 10Qs or 10K that has already been released to the SEC. I doubt Eakle is that negligent and the amount of info coming from his customers says otherwise.
It's anyone's decision to invest, but I think the chances of seeing the share price 150% higher 12 months from now is again highly probable and IMO it will be closer to 900% higher by the end of 2019. Daily worry about the SEC halting trading is unwarranted.
A speculative thought for the day. Does anyone think there is not a sense of urgency on the financials because a larger deal has already been arranged for 2019? They have paid for auditing and getting the reports updated to this point, or at least that has been stated on this board.
They are proceeding as originally planned, knowing their outcome is already determined. I have no proof of this, but find discussion on other boards intriguing based on the customer relationships already in place.
Certainly no reason to announce anything before the end of the year. Simplify reporting for 2018 and start with clean slate in 2019. Let's hope it is January...
Is this an opinion, or something you actually have documented proof of? Nice to say it will happen before Jan 1, but that's a highly speculative statement at this point.
Thanks to both you and Thieu for that. I thought I remembered it being over 10K/hr. 1 mil bottles is about three weeks of production, less if they run at capacity and run a couple shifts.
Time to fill the order pipeline and get to 24/7 operation on that line.
BTW - what is the bottling line speed again?
Geographic expansion and new formulation, more shipments happening all the time. Will be interesting to see how many higher profile distirbutors they pick up as their footprint expands. Looks like they will hit 2019 at full speed.
Here's the thing, that single blueberry run likely gives them enough in gross profit to justify a share price higher than we're currently trading.
That $2.5M number pushes above 0.005 pps even with the current share structure. Things look pretty good for 2019.
That would happened a long time ago if it was necessary. That blueberry contract covered the cash flow they needed.
Thanks and GL at the fair. Should be a great venue for that...
If you have 4 packs, I'd likely order from you. I don't have PM, otherwise I'd e-mail you. Pls advise if you have a website.
Thx!
They need the revenue from those acquisitions for sure becuase they can't get the products they plan to offer on the market quick enough for any other rev source. Obviously, what they are acquiring should help their supply chain, but still need the money on the balance sheet...
Should be an interesting scramble into the end of the year.
I agree with you completely and the deals look "shady" because of the terms and no real details on why. ALKM* rocks and they will make some noise in 2019.
So are you guys doing all products, or only the KG products? Specifically, are you planning to carry HighDrate? If they paid attention to the ingredients, that could be a great water alternative to Vitamin Water, etc.
That's a huge opportunity for the big bev folks - CBD, alkalinity, natural flavors...
@sox68
I don't have PM so you can send an e-mail in PM if you want. The point is this though, LA Libations does exactly what you are talking about for Coke - look at the little guys and see if they're worth the time. Check out the submissions tab of LA's website - PURA fits that bill.
Also, why would Coke spend the money developing something they can pay a fraction of the amount for and have it market ready. I agree with your points on focusing on EverX and that's what 2019 is for. Tripling sales is a pretty real goal and whether the Goldman report is accurate or not, I'm pretty sure LA is taking a close look...
Everyone is so down on ALKM - they figured out how to get CBD in water and stabilize it. They got money to put in a real bottling line. Did they pull some shady deals to make it happen - maybe. Point is - they can crank out some product and could replicate what they now have quickly.
Stay tuned
They all start somewhere and that is what LA Libations does. Go their website and take a look at some of the things they're involved with. I expect you'll see some new CBD brand on their site in 2019, just a matter of who.
They didn't foreshadow the LA Libations conversations and having $1M in sales without a purpose. The question is can and will they do anything with it. The $1M in rvs is a foregone conclusion, now it is whether or not LA Libations is really serious about doing something with them.
Dec/Jan after the farm bill is passed will be very exciting, not to mention the launch of the newly formulated EverX...
Thanks - that was already shown earlier today...
Are these new rumblings, or still from the initial Goldman report?
link?
Assuming RSHN follows through on yesterday's PR, they are goign to dwarf WSRA's production and revenue. WSRA is a good partner to have in the mix and nice to leverage their success when it happens.
If you think that they are making product for free, I think you may need to adjust your intake of CBD and/or THC related product. One does not need a financial report to know that there is revenue being generated. There are thousands of private companies that generate revenue everyday and we never get a report about them either...
GLTA as the farm bill makes its final moves through Congress and we get ready for a wild ride into 2019.
Tell that to every cokehead and any other non-law abiding person out there.