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Please do DD First: 1. HJOE "Already" Death Spiraled from "Pennies to low Trips".
This is the main Reason for the Large Increase in PPS last week. It's now headed back to a valuation prior to this Spiral
See the 6 Month Chart and research all the notes and Conversion dates, that will help.
The Majority have already converted to cause the Spiral including the "Magna note" , I do believe.
***NO CONVERSIONS For whatever is remaining until "JULY" , Hence: Read it with me: " NO DILUTION "
Does this help? :)
Agreed, but it's NOT their IR/PR Representative.
He's their Twitter account handler.
The FB Post's from what I've seen, appear MUCH more Professional.
They CERTAINLY NEED to fix that ASAP.
Either HIS PHONE's Auto Spell while he Twits is a Hot Mess like mine is! Or he doesn't care to take the time and correct it. Maybe English is his second or even 3rd language lolllz
It's Atrocious no matter what the excuse is.
"FIX IT HJOE" . ******We know you read this crap! ****
"MJ "HIMSELF RISING FROM THE ASHES AND MOONWALKING ON MOFOZ ALL JUICED UP ON" GIT-R-DONE ENERGY SHOTS" From DOLLAR GENERAL ???
Agreed, most KNOW when someone has "Ulterior Motives" and bends info for particularly Reasons to favor their "Cause", If you will :)
SWINGS IN BOTH DIRECTIONS
EITHER WAYYYYY. THEY NEED TO GET SOMETHING OUT NEXT WEEK.
THIS WILL MOVE HARD WHEN THEY POST EITHER ONE OF THOSE OFFICIAL PR'S.
UNTIL THEN IT WILL STAY IN THIS RANGE OR GO SLOWLY BACK UP TO THE 3's
IT WILL NOT GO AWAY, ITS PART OF HOT STOCKS.
-PEOPLE PUMP AFTER THEY BUY OR TO SELL.
-PEOPLE POST ALL THE NEGATIVES AND TWIST THE TRUTH TO GET IN CHEAP OR TO COVER.
ALWAYS A BATTLE. HAVE YOUR WEAPONS/DD OUT.
L2 WAS THINNN - 28's WERE ABOUT TO TAP
HUGE BID / SMALL ASK!
BIG NEWS IMMINENT - KOREA P/O, MAJOR DISTRIBUTION DEAL, A&E TV AIRING IN 2 WEEKS
NO NOTES CONVERTIBLE UNTIL JULY.
MAJORITY ARE FINISHED AND "CAUSED THE BIG DECLINE" FROM PENNIES MONTH AGO. - SEE 6 MONTH CHART.
EASY, ASK THEM. ALSO ON TWITTER :)
SOMETIMES YOU HAVE TO CLICK THE TWEETS AND IT OPENS UP A CONVERSATION THAT YOU WOULDNT HAVE SEEN OTHERWISE.
ITS A PAIN IN THE ASS TO DO SO
THEY SAID: "NEXT FRIDAY" FOR THE "MAJOR DISTRIBUTION DEAL" THAT THEY WERE EXTREMELY EXCITED ABOUT.
"CURE KOREA 50% UPFRONT WIRE CAME IN ONLY "TODAY"
EXPECT AN OFFICIAL PR SOME POINT NEXT WEEK OUTLINING ALL "THE DETAILS" ON IT FOR KOREA /JAPAN/CHINA .
THE MAJOR DISTRIBUTION DEAL, PROBABLY THE WEEK AFTER.
HJOE: "L2 IS VERY THIN NOW 25/26's UP"
SPOT ON, HOWEVER THEY NEED OFFICIAL NEWS OUT TO START THE NEXT LEG UP.
TWEETS ONLY GO SO FAR. ESPECIALLY WITH THE GRAMMAR.
*****"THE CEO MR VEAL HAS POSTED VERY WELL WRITTEN UPDATES ON FB." ******
"THAT IS NEEDED NOW" TO KEEP MOMENTUM, UNTIL THE OFFICIAL PR'S HIT
That's NOT answering my question :)
Last filing 1.7B o/s 5b as
DON'T GET ME WRONG, I treat all OTCs like POS share selling PIGS.
However, I'M WAITING FOR THE REAL PUMP AND NEWS BEFORE I DECIDE TO SELL WHAT I HAVE LEFT.
$HJOE
That mentioned a few stocks. It also states "MAY" have a position or MAY have been compensated.
Has anyone actually CONFIRMED the MAY aspect?
Wouldnt doubt it, very possible, should be confirmed 1st.
PPS was already "over .004" at the time too!
Hardly the "PUMP" b4 the Dump lol
"LAST PR" WAS: 5/4, THE "RUN" STARTED: 5/8
Auditor was sec flagged and they had to find a new one.
Word is they want the Cure Korea 50% Wire and All the other Sales on any new Filings.
BUY RUMOR, SELL NEWS
CHARTS FINE, "NEEDS THE PR NEWS EXPECTED" NOW
IT WILL JUMP IMMEDIATELY.
"THAT IS GOODDD SIGN" 2 WAYS:
1. OFFICIAL PR IS COMING SHORTLY
2. SWITCHING TO A BETTER TWITTER REP :)
IF YOU HAVE SELL ORDERS IN, "I WOULD CANCEL".
TODAY IS A TERRIBLE DAY TO SELL.
" WAIT FOR NEWS AND THEN SELL "
TEXTBOOK 101: BUY RUMOR, SELL NEWS.
THIS IS ONLY MY STRATEGY ONLY, DO AS YOU MUST.
****PLUS YOU ARE HURTING THE BID/ASK.*****
Hmmm NEWS AT NOON?
AGREED. YOU KNOW I WAS LOADED IN TRIP 2's VERY HEAVILY.
I DID VERY GOODDD IS ALL I WILL SAY :)
HOWEVER, I STILL HAVE A NICE CHUNK LEFT.
TODAY IS NOT THE BEST DAYS TO SELL, MID TO LATE NEXT WEEK IMO.
****WE'VE SEEN WHERE THIS HIT ON AIR BEFORE "ANY" NEWS. ****
HMMMM.. MAYBE NEWS TODAY. I SEE THEIR TWITTER IS SILENT.
CURE KOREA P/O WIRE COMES IN TODAY FOR THE INITIAL CONTAINER.
GREAT POST.NEXT WEEK IS THE "BIG MONEY WEEK"
RAN TOO HARD BEFORE NEWS. PERFECT BUYING DAY /ENTRY.
TRADERS MADE A TON, MYSELF INCLUDED. CAN'T BLAME THEM FOR DUMPING AT THE FIRST SIGN A PULL BACK .
$HJOE IS OFFICIALLY BACK AFTER THIS MONSTER WEEK, "BEFORE NEWS" EVEN HITS.
GREAT READ, "TRANSPARENCY AT ITS BEST". -If you're MOD now, You get ONE Sticky each. - "P&D?, I THINK NOT"
READ:"FROM MATT VEAL CEO OF HJOE" on March 9th:
"A message to the recent requests for information on Conversions of Debts and Sales
I’ve been asked for additional details about the status of our Company – particularly in terms of the convertible note situation and the sales situation. Not surprisingly, these have been correctly identified as the priorities of our Company at this time. In order to assess where we are, we think it’s helpful to look at where we have been.Although we have filed hundreds of pages of financial disclosures in accordance with the legal requirements, it isn’t always easy to sift through everything and find the priority information. Perhaps the following summary can best address things.
At the beginning of 2013, our Company found itself in an unexpected situation. It had quickly built itself to over $1,000,000 in annual revenues on a sustained basis, and went public on a reverse merger. The reasons for doing the reverse merger were simple; having grown so fast it needed capital. It had been promised $2 million in fresh capital as part of the transaction, but all it inherited was an expensive public company overhead, what little cash that was raised went to fees to the folks who also controlled the free trading stock. And of course the owners of that free trading stock sold their positions without helping the Company, and the need for capital increased!
The company then entered into an arrangement whereby it pledged its receivables for an overadvance of $300k to pay for additional marketing costs. Understand that although it had sold $2 million of product from inception, it built its brand from the initial capital contributions of its founders, plus whatever it could raise. And it spent $2 million on building the Hangover Joe’s Get’Up’N’Go brand.
This over advance was intended to be paid from profits, and the Company had a very good arrangement in Australia, which had sold near 200,000 bottles and was set to sell even more. However, a second misfortune hit – the contact manufacturer at the time, Private label – allegedly shipped a container of bottles to Australia in the French labeling that was for Canada. Also the co-packer didn't correctly perf the bottles and we had another container that could not even be put on the market. But the manufacturer never actually filled the Australian shipment, allegedly costing us the customer we had projected millions in sales in Australia. I have to say allegedly because of course we are in costly litigation with the contract manufacturer. We are currently working now to also re-establish this market. On top of losing the customer we had additional ramifications to our Company. We defaulted on the over advance to our lender, and since they had a convertible clause, that limited our financing capability. We did raise $400k in capital from an investor, and we also raised $125k in a convertible note situation. We were still confident that our sales could pull us through as we entered into a multimillion dollar contract with a Korean Company, Media CO 2 UK.
So we entered 2014 owing $625k in convertible notes due to fees and penalties, but confident that we would have the sales to get through the challenges. However, we began to run into problems with the Korean arrangement – first our representative did not make the necessary filings wit the Japanese FDA and due to their own financial condition they went out of business during 2014. We were contractually blocked from going into another direction for a while as this sorted out. It just seemed like 2013 had snakebit our beloved Hangover Joe's Brand pretty hard in 2013 after a couple of years of initial success.
But for all of our misfortunes new opportunities did present themselves. We were able to sign Larry the Cable Guy o sponsor our next product, Git-R-Done Energy shots. We got the brand launched, worked out a settlement in tranches wit TCA, and had our first production run. We did have to borrow an additional $600k to accomplish those steps. And while our soft launch of Git R Done was successful, we did face almost $700,000 of conversions of debt in 2014, which given the three challenges of 2013, was detrimental to our stock price. Those conversions have required us to pay almost $50,000 in conversion costs (2 increases in authorized shares plus expenses with the transfer agent.
So 2015 found us still owing $700k of convertible notes plus needing additional financing. Between our founders and additional convertible lenders, we found another 100k, but have had at least double that in conversions of our stock, including almost 100k in the last two weeks. We did find an arrangement to complete the final tranches of the TCA settlement , complete a second production run for Git R Done energy with our new manufacturer, film a TV appearance with food factory, reinvigorate our foreign sales operations, and have some very promising US chain sales we look forward to hopefully announcing in the second quarter of 2015.
For those of you that have stuck with us, we are grateful. What lies ahead is still formidable –still 500k of convertible debt. The debt would seem much smaller if our sales could be restored to 2012 levels, but we are not there yet, but soon do expect to start shipping in large volumes to Asia. We have even more promising opportunities than ever, but each requires time and a few remaining steps to fall in place. Our founders have been squeezed to the max, I’ve had to sell my house, but these aren’t complaints – we do this because we believe, we are believers and doers. Not pie in the sky – we have tasks that have been done, ones to complete, and new ones on the horizon that we can accomplish. Yes, there re those who have lost faith and perhaps a few that had expectations based on our initial success that could not be sustained through the misfortunes. As your CEO, I haven’t always been able to articulate the right message, or more importantly haven’t always been able to solve these challenges at the pace the market has demanded of us. But a lot has been achieved, and more achievements are possible, and we are redoubling our efforts. We remind our believers that bashers who try to harm this company with lies and disinformation we will have our attorneys monitoring for this and will be swift to take action in the future. Also our social media is for our customers and if someone bashes on our social media you will be banned. They have an agenda and they hate that this company has continued to survive and move forward with all the efforts they made to make this not possible. We are survivors and believers and we know how strong both of our brands are and we will defend them at all times.
Hangover Joe's has a tremendous opportunity ahead of itself, but like most companies, it’s not easy. We have good people, a good plan and none of the misfortunes have defeated our spirits. For our new investors, we appreciate the confidence, and we want to assure you there is a path forward".
Thank you and happy 2015!
Matthew Veal CEO
READ: "DD on the NOTES":
1. Yes, NOTES are Terrible, (All should know this)
2." NO More NOTES Needed now"- As per company.
3. "NO Notes Convertible til "JULY" (NO Dilution here)
4. "Yes, Notes caused the Big Death Spiral from" Pennies to Trips" after PLN their Manufacturer mislabeled a Container sent to Australia, mixed with other events causing the Need for these types of loans to Survive and Rebuild as we are seeing now finally with everything that is unfolding.
EXTRA CREDIT:
These Loans actually were the main financing on the "GitRdone Energy Shot happening.
Insider Gene Gilstrap just wrote a check for over 500k @.03 Cents a Share, his original agreement per filings.
CURE KOREA is Wiring 50% of the initial P/O (Tomorrow).
Hence: "No Need for Anymore Notes moving forward now, Per Company This week"
OTC's have "10-20-50blln now". 1.7b is not super low, However it's not outrageous these days. 1.7 was high years ago.
Now, the Note Conversions caused the big spiral down. Proper DD SHOWS Which caused the need:
"Find out about PLN (Private Label Nutrition) which caused the need for these loans as they MISLABELED A container for "Australia" with the labels for Canada."
(YES, They had that Continent before the mishap)
They have been in Litigation and now in Mediation. Might settle soon. "Dr OZ" is involved now and exposed PLN, check his website.
"REAL DD"
o/s as per the previous is only 1.7b
DID ANYONE REALLY THINK IT WOULD BE GREEEN EVERY SINGLE DAY FOR 2 WEEKS AND GO TO STR8 ".50" LMAO
"GO RESEARCH THE CHARTS FOR OTHER BIG RUNNERS DEW*, MIN*, ETC"
NEWS IS NOT EVEN OUT YET, HOWEVER ITS COMING NEXT WEEK. HIT .0062! BEFORE NEWS HIT, NICE PREVIEW.
"EZ MONEY IF IT DIPS TO THE TEENSSS "
NOT THE CEO, HJOE'S SOCIAL MEDIA GUY. HE'S "VERY ACTIVE"
@HANGOVERSHOT
I Was shocked it ran that quick and so fast. TOO GREEEN, Wasn't natural. Some Group dropped a ton of shares and triggered stop sells and Reg panic selling.
ONE GOODDD THING IS DAY FLIPPERS ARE OUT NOW MOST LIKELY.
WAIT FOR THE PR NEWS NEXT WEEK.
CURE KOREA 50% DEPOSIT WIRE IS IN TOMORROW AND CONTAINERS ARE SHIPPING OUT.
@Hangovershot: "When we release news and we will #JustWait as promised, it will rock the beverage world to its core. How did a small company like this do it."
HOLD TIGHT, NEXT WEEK IS THE REAL SHOW.
HEALTHY,CANT GO UP THIS BIG EVERYDAY B4 ACTUAL NEWS:
WAY TOO MUCH GOING ON HERE TO STAY AT THIS RANGE BEFORE OFFICIAL PR/NEWS IS RELEASED NEXT WEEK.
"ONLY 1 WEEK AGO, THIS WASNT EVEN ON THE RADAR".
**** CHECK BACK END OF NEXT WEEK AND SEE WHERE ITS TRADING****
*****WEVE SEEN THE POTENTIAL NOW HITTING ".0062" ON AIR IN LESS THAN 1 WEEK ******
CHART LOOKS VERY HEALTHY NOW
(ALL THE MEGA RUNNERS HAVE THIS SAME PATTERN, CHECK THEIR CHARTS)
Ill LOAD IF MORE PANIC SELLING EOD. HOLD FOR NEXT WEEK.
NICE AND HEALTHY FOR THE NEXT LEG AFTER THAT MEGA RUN UP.
HOD ".0062" - MASSIVE VOLUME TODAY SO FAR!
WENT UP TOO QUICK. PRUNE THIS TREE.
NICE WEEK. "THE BIG NEW(S) ISN'T UNTIL NEXT FRIDAY"
GREAT ENTRY LEVELS FOR NEXT WEEK AND FOR THE SUMMER.
CANCEL YOUR SELL ORDERS COMPLETELY FOR TODAY.
I'M SHOCKED IT WASNT SOONER. EXPECTED ONE TUESDAY OR WEDNESDAY.
I GUESS THEY FORGET AND DID THEN BOTH IN ONE SHOT!
TRADING EXACTLY WHERE IT WAS 24 HRS AGO.
THAT TRIGGERED MANY STOP SELL ORDERS!
THAT WAS AWESOME!