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Rumor has it BUYOUT!!! Buy Buy Buy...bye bye bye Apostle!!!
This is just getting started...glad we've held .01 but the second half of 2017 is where the lifts will occur as I've been regurgitating on the board the past several months...it takes a long time to line up distribution and an even longer time to line up the big boy retailers...this process can take upwards of 6 months from start to finish...my guess is you break into one or two and the next 10 fall into place very quickly as other retailers take notice to the entrance into their competitors stores and they know the processes used to vet out new entry products...Q2 numbers won't be spectacular but you will begin seeing lifts starting in Q3 and then going forward as the brand will rapidly expand with a couple big retail deals inked...watch it
There wasn't much if any news to report lol...as Rich signs and closes deals, he reports them...the fact is many of these deals take several months to ink...this is just the beginning
Gonna run next week get in today...price compression occurred over last 8 trading sessions in decreasing volume...lower highs and higher lows...watch out the week after the holiday, will make a new short term high
lol you all complain when there's no PR's, then when there is a PR giving a status update, its fluff...Rich will never win with many of you short sighted investors...good day!
believe what you must, but there are no guarantees in anything...he's simply informing us on where that stands..
clearly you cant read
Additionally the company anticipates that two new major national retail chains will carry Bellissima in the immediate and very near future. We are awaiting final approvals from both and look forward to announcing them to consumers and our shareholders.
A RS is ONLY bad when the company does the split SOLELY to raise more cash for opex and dilutes existing shareholders in the process
Lol...they don't make enough yet to cover their operating expenses plus they have to reinvest in inventory
That costs money and money we don't have
The price would be much higher if we got regular updates from management on the progress of the brand and some foresight into what the "plan" is and how the plan is expected to be paid for...this alone would double the price
Many small companies grow from cash flow and not with the help of financing or partners...it's called sweat equity
No there's an in between...that's what YOU want them to do but it's not the only way
Ok but still up 900% from December 15th...draw the line wherever you must but this is still holding very substantial gains...
My guess is uplisting won't be in jeapordy because of the .01 criteria when the time to uplist comes
It's a much riskier way to try and grow...however if you believe in your product and brand you must take some risks
Even if it closes under .01 uplisting isn't happening until end of Q3 to Q4 anyhow, so there will be enough time to get the 30 days of .01 closes in
That also means more debt, likely toxic...so grow slowly the way they're doing or grow quickly taking out additional toxic debt...frankly it's a tough call but I probably wouldn't mind seeing them take out additional financing or issuing stock to further promote the product
this is early, very early in the process...Rich has laid the groundwork (distribution), what's the next step in getting the product on shelves at retail...the only thing I dont like about the next stage of this rollout is the fact that retailers awareness is being raised by consumer requests driven by CB's social media posts...I dont know how this business works, whether it's influencing distributors to promote your product to retailers or hiring a sales force to get in front of store owners...the consumer request model is a slow organic growth model...at some point I think Rich needs to step up his game and get a small sales force out there contacting retailers to make purchases and carry Bellissima concurrently with CB's awareness efforts.
Could be, many of us expected to get long term capital gain treatment when we took our initial positions so as long as we see progress by years end I'm sure many of us will be adjusting our investment horizon accordingly
And skinny girl was just 2 years...that's the definition of a LONG
not if it pulls in a Clooney type sale, hell we dont even need half of what Clooney got to do well
It was smaller than an 18 wheeler...probably shouldn't have used the word semi...it was the size of a UPS truck
Frankly it took me a second too...totally caught off guard and couldn't believe what I just saw
I understand, based on my posts you'll see I'm not a pumper... unfortunately, I was heading in the opposite direction just after a stoplight so I got a good look at it but couldn't get a picture in because it happened too quickly...I imagine Rich is paying for this advertising, someone can reach out to him and confirm it
I almost couldn't believe it...it was a very surreal moment...like holy shit did I just see that
Pretty sure it was a liquor distributor
Lol no lie...it was pretty cool to see unfortunately I couldn't get my camera out quick enough
Just saw a semi driving in Buffalo NY wrapped with an oversized image of CB laying down holding a bottle of Bellissima and Bellissima written across the top...AWESOME!!
whatever is going on, you cannot deny the $ volume traded here...small pennies NEVER see this kind of attention...this is something bigger than retail traders...
it may not be apples to apples, but this deal offers some insight into the massive potential here...took them 4 years to get to 10,000 cases/mth...some here were expecting Bellissima to do that in their first full quarter lol...this takes time, but when you have a perfect match between celebrity and product plus distribution in place it becomes clearer each day that one day in the not so distant future there will be some big numbers thrown around regarding the buyout of the brand
Did you miss the last two 8Ks and read the prior quarter financials....this is getting diluted to oblivion...many have realized that and that's why the price has tanked...plus they're issuing the 8Ks days after the conversions take place...what could've been won't be...sell
They usually don't retrace this much though...there's something wrong here
The dilution here is astronomical that's why it's tanking...40 million shares to address $2,400 lol, really...they have a lot of debt to clear off their books...at this rate the outstanding is going to balloon exponentially
depends on what chart youre looking at - RSI is currently at 56 on the daily, which is a healthy reset from the 90's...news changes everything, but the chart is at a much healthier level here and my guess is it will start moving back up next week...bottom is in around .005; there will be a resurgence of buyers as people will be buying for news on downloads
bottom is in; reversal in short order....should climb on light volume after 11 through the lunch hour
Worst time to be selling - you will be selling at or near the low of the day
Amazon to buy Whole Foods for $13.7 billion