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It's happening right before our eyes. ..i love it. MWIP and the rest of this sector is setting up nicely....this is no different from prohibition.
OK you insisted.
This has afforded the Company the opportunity to sell and expand its line of product to Shop Rite, Core Mark.
To sell and expand...not contractual. They sold them cones and empanadas to see how the response would be..which hasn't been so good thus far. Which is a concern for Cono which is also stated.
We all agree it takes time...but please prove to us what national accounts and with who...because taking orders and contracts are not the same thing. Cono said nothing of national accounts.
Sure this is positive for investors... it looks as if they just might have to dilute.
"YOU MAY EXPERIENCE DILUTION OF YOUR OWNERSHIP INTERESTS DUE TO THE FUTURE ISSUANCE OF ADDITIONAL SHARES OF OUR COMMON STOCK WHICH COULD BE MATERIALLY ADVERSE TO THE VALUE OF OUR COMMON STOCK."
?
The bottom line of this us that Cono is undoubtedly broke and without some type of serious financial leverage they may not be able to operate....they clearly can't take a loan because they can't repay it...which is stated in there and I agree that is a huge risk to a company with no money. They obviously have nothing in the works to give themselves confidence to generate enough revenue for any type of shareholder interest. Its all there. This why there are no PRs because Mitch has nothing that is of true positive value to give to shareholders. Like I said that fluff PR last week was a prelude to this complete disaster no definitive information and people speculated from that alone...that is not good.
All companies do the same when they release their 10-K. If they don't release all their info they could be in violation. Hence why they don't release PRs because they don't have money and serious debt for a while. I'm not beating them up I only and always have gone by financials.. not hype.
The more you read CNOZ's 10-K the worse it gets...I mean really. The proof is right there...hype all you want but until they pull in some dough...this is not good for anyone. They are basically depending on a stock with no investor interest...because they don't show any investor interest!
CNOZ 10-k... The net loss for the year ended December 31, 2012 was $696,518, which was an increase from $504,465 for the same period in 2011.
10k CNOZ... BECAUSE THE MARKET FOR OUR COMMON SHARES IS LIMITED, INVESTORS MAY NOT BE ABLE TO RESELL THEIR COMMON SHARES. INVESTORS SHOULD THEREFORE ASSUME THAT ANY INVESTMENT IN OUR COMPANY WILL BE ILLIQUID FOR THE FORESEEABLE FUTURE.
From 10 k.. If any of our indebtedness were to be accelerated, we may not be able to repay our indebtedness or borrow sufficient funds to refinance it.
Omg..this has got to be the worst 10 k yet....they made a whopping $32k and need to make $500k to maintain this year...and they are already in debt which they can not pay. CNOZ wow! Oh yeah nothing about any distribution deals.
Not for nothing.... but we have no idea...good point. CNOZ put this out and it says nothing of substance once again. Maybe they will clarify what's going on better in the coming future.
OK...so just because Cono orders are taken ..automatically means they have a distribution deal with Core-Mark. Cmon please..the show is the pick of the litter...there are plenty of products there some get picked up and some don't. Just because you get nominated for an Oscar don't mean you win! No evidence.
I would love for them to distribute for Cono...but let's stick to the facts and that deal has yet to be confirmed officially. I wouldn't be betting on that 10-k either..jmo! I highly doubt they went from nothing to high revenues since the last one...let's be real.
Oh boy here we go speculating Core-Mark is not the distributor for Cono Foods! This is what's wrong with this board...Lol...that article just simply states they are going to be there. Let's at least wait for some a little more concrete if any.
Where does it state that?
Let's all wait for the 10-k..that will explain it all up to this point for CNOZ!!
Core-mark is the distributor..and they would put the product in stores they have contracts with. That PR says nothing to claim that...affiliation is not a contract. Hell I could be affiliated with warren buffet doesn't mean I work for him or partnered.
All your shares!! Prove it please I'll be waiting. CNOZ please prove it!!!
Exactly...that's the truth...people see a PR and go crazy...once again CNOZ gives no substance for investors! I'd rather they not PR then.
That is false! CNOZ is not being distributed...they are merely at the event for exposure as they have done in past...fluff and meaningless..don't hype!
I completely agree...are we even close to a point of any type of revenue. CNOZ puts out another worthless PR...IMO. I mean they were there last year and that ended CNOZ selling minimal cones at a gas station woohoo!!
We need to see revenue...that PR is pure fluff information. Cmon put some substance CNOZ!!
Very happy the way this is trading now! MWIP nice support level.
Wow really nice news for ERBB and after hours...may have a nice gap up tomorrow morning!!
Agreed
Yup....but I got it going way higher bro....this is prohibition all over and the early bird gets the worm! MWIP will be trading in $$$$$$ jmho!!
News posted!! MWIP
Sent message to have the news posted immediately! Go MWIP go!!!
When they report revenues all hell is going to break loose...oh jmho!! MWIP baby!
Started from the bottom now we here! Lol its running baby...fearless MWIP!!
Exactly! Me no worry...I laugh at that stuff. Its very comical... things are going to get very serious at a very fast pace...and they naysayers won't have time to post they will sit on the side and watch us bank bro!
Lol...I love it when a plan comes together!
Preach my brother....we don't play on this board!
Yw...no prob!
News is now posted on IHUB!
Yes and more installations by Friday. $$$$ is rolling in.
We will....IMO...this is going way beyond that..the ball is rolling fast now and its all falling in place.