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The price won't skyrocket until the financials are audited. It's irrelevant what the CEO says until he can back that up with facts.
Should have sold, based on another dismal performance today. Although, I'd loose out on so much entertainment reading all the hopefuls and sure thingers on this board.
Of course, rhetoric is cheap and there's no telling who would be successful with the company. However, basic principles of leading apply to anyone who wants to take charge and make something positive happen. Unfortunately those are the principles Buzzy lacks.
Buzzy, was AND ever phased-in in the first place? Phased out of what? From no sales, to not even attempt to sell? Buzzy, what is your definition of success? Posting fake news as a troll on the web about product, company, performance that is really lacking substance, plan and execution? Come on, you're a grown man, and shouldn't succumb to fraud and misleading the public and your shareholders. Focus on a single product, make it work, take it to market, advertise it, increase sales, optimize cost, and that'll bring much more success.
72M Bid. 65M ask. Pronouncing large blocks of share gives the participants a false sense of value. What matters most is what's attached to those shares. Owning or trading lots of share may be great for cocktail parties with comments like "What a tough day today, I traded 15M share." The reality is that it's only $13.5k. The amount hardly puts anyone even in a minor trader's league. On the other hand if 70M shares are on the selling block, out of 890M float, then that means 8% of company is technically ready to be traded, or in other words, way too much. When reviewing tangible companies, a healthy daily trading volume would be less than 1%.
Scam was pumped, then deflated to what it is today.
You've made a terrible investment, no a terrible gamble. The odds are against you.
What's the value you're referring to? Can you identify how you derive value?
Who's see FH product in stores? Please share store address and photos of products on shelf.
$15M is not enough? That's crazy. For a non-functioning company $15M? Who'd be willing to pay that much?
I'd be thrilled to see the stock grow. But, as a matter of fact, all we have to do is compare where the stock price was 6 months ago, 1 year, 2 years, etc. Everything that surrounds VGID and FHBC is covered in mystery and hearsay. It's questionable if financials are not simply sound, but even real. There's been no way to verify anything. Has anyone actually met Buzzy? Go ahead, post photos, lots of photos, at various venues. Where's the product selling? Is it even sold or distributed anywhere? Any self respecting CEO would be thrilled to market himself and the product. Instead, what we see is lots of questions without adequate answers. What's even more disturbing, when Buzzy opens up his mouth, things don't get clearer, they get fuzzier. Quite appropriate to nickname Fuzzy-Buzzy. It wouldn't be surprising for this and all related stocks to be de-listed and criminal investigation opened.
There's nothing to try as everything's self evident. I'd be thrilled to see the stock grow. But, as a matter of fact, all we have to do is compare where the stock price was 6 months ago, 1 year, 2 years, etc. Everything that surrounds VGID and FHBC is covered in mystery and hearsay. It's questionable if financials are not simply sound, but even real. There's been no way to verify anything. Has anyone actually met Buzzy? Go ahead, post photos, lots of photos, at various venues. Where's the product selling? Is it even sold or distributed anywhere? Any self respecting CEO would be thrilled to market himself and the product. Instead, what we see is lots of questions without adequate answers. What's even more disturbing, when Buzzy opens up his mouth, things don't get clearer, they get fuzzier. Quite appropriate to nickname Fuzzy-Buzzy. It wouldn't be surprising for this and all related stocks to be de-listed and criminal investigation opened.
Great Job! VGID keeps going down. FHBC keeps going down. Great work Buzzy!
You obviously know nothing of public companies and SEC requirements for 8-k, 10-q and 11-k statement. Yes, it's an expense that every private company commits to when going public and selling shares of ownership. In light of some cost incurred, they are not egregious but necessary to incur. Audits ensure that words coincide with actions and reality on the ground. They keep us all honest from embellishments or even out right lies. Accounting fees are a small price to pay for public trusts.
There are and have been accounting firms with publicly traded equity. However, top 4 firms are designed as partnerships. Some of the reasons for it are:
1-Regulatory reasons by SEC for conflict of interests
2-Partnership compensation and increasing shareholder value would have to be optimized
3-Frankly accounting is a service and does not require raising significant amounts of capital to operate.
Sir, it is because of YOU, Buzzy, that people began calling the stores. No distributor would in their right mind be offended when the product that they are marketed is showing such great interest from the public. When people are calling to find out if the product is available in stores, that's a GREAT sign. It is, ultimately, is what you ought to be looking for in any industry, an organic market demand. Thus, if the stores or distributor received so many calls about the product, they should have requested an order for more to be sold, not to cancel the product source/contract. It's absolutely faulty logic and does not display entrepreneurial spirit this country and it's people operate on.
However, it is YOUR fault that people called the stores. It is YOUR product, and it is YOUR pride displayed at every step of the product progress cycle. You should be taking pictures of the office area where all decision are made and showing your customers and investors how hard you work. You should be showing photos of packaging, bottling, loading and unloading cases of the product, and ultimately showing and advertising how the product is displayed in stores. Share your shelving privileges, etc. Show the ice cream truck. Show Hollywood Cuts prep work for the the new space. Show Roadkill and Leaf of Faith progress, wins and losses.
Unless of course there is no product to show?
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Because of you. The last time I posted a list of stores, the store employees were hurrassed endlessly. To the point that we lost about 50 accounts and the distributor threatened to discontinue the product. Shareholders have tried to post confirmations of the product and you delete their posts. I know this because they call me unlike you.
Buzzy
Why are financials not audited? It would be such a great benefit to the company, stock, investors for financials to be verified by a third unbiased party. It would alleviate all unnecessary rhetoric. For a company that claims to gross ~1M a year, ~$25k, an expense that too can be written off, is worthwhile investment. The boost to the stock price as a result of this will certainly more than compensate associated cost.
Who trades 40,000 shares @ $0.0006 or $24 worth? It's an obvious attempt to manipulate the stock.
Cheerleader - is a great feel good, rah-rah, we can win tool to overcome a close, within reaching distance obstacle. In sports it can be deciding factor when teams are relatively closely matched but with an enthusiastic support from a cheer leading crowd one of the teams prevails. A so-called temporary boost to push towards the finish line. Yet, no amount of cheering will help an athlete who didn't work out, didn't prepare, didn't plan a winning strategy before the game. Lack of skill and talent will result in defeat. In the real world, and specifically in business, what is priced are not temporarily spurs but a methodical, persistent, consistent drive towards a particular goal. That is precisely what investors wish to see from VGID, methodical and consistent show of progress, not online optimistic posts from intra-day traders pushing the stock up or down a tick to make a buck.
Sale of RK for north of $15M...
That CBD, no, THC infused drink must be hitting the head of buyers of an not even failed, but unproved idea. In order to justify an investment in the real world of $15M, revenue should be hitting $200-300M. Revenue of a product that's hitting such heights would be on every specialty and major newsdesk. We'd all know what, where, how much of, etc. is selling. But paying $15M for an unproved idea, formula, name, no board would agree to. On mere rumors of such sale coming to fruition would result in the change of the stock price. Alas, what we see is, that words are worthless, and judging by history, they are less than worthless. They are fraudulent.
Rhetoric Vs. Achievement.......
It is simple to be tough, promising, impressive, or even threatening by mere declaration. However, it is much more challenging keeping true to the uttered words. We all talk about those exotic places we want to visit someday, daydream about winning that lottery with our friends, and writing a super cool movie script that will be the blockbuster of the decade, but somehow never get around to doing none of those things. Even purchasing a lotto ticket somehow escapes our equation of wining the lottery. That is because action is so much more demanding and ultimately valuable than words. It is always harder to actually protect someone, than to claim that one day you will do so. Action alone, though, is not enough to be impressive. Going through the motion without resulting in a positive outcome is too common. Achievement, is ultimately what we refer to when focused action coupled results in a positive outcome.
It is somewhere in between that first and second phase that VGID operates. Lots of promises are being made, though extremely rarely kept. Something always seems to come up, and of course, it’s those external circumstances that impact the outcome and never the action or lack thereof taken by the executive. There’s lots of busy work being done, based on the rare and vague updates we hear from the founder. Success, achievement, however, is none-evident. There was Roadkill, supposedly being sold with lots of positive reviews, but nowhere available to actually purchase. FHBC spinoff entity does not actively function and appears to be a front shell for unloading shares. Patience, Leaf of Faith, RK, etc. exhibit the same loud rhetoric and even lack of action, not to mention achievement.
It is truly sad that charlatans are able to make claims and not be held to the spoken words, though, possibly, not for long.
Feelings. It is not my intent to resort to feeling, not to mention hurt them. Everyone willing to invest, and more so, to take on the responsibility of leading a company should be thick skinned and willing to take constructive criticism and covert it to improving self and the company he/she founded. At the end of the day it is not about feelings, but rather clear, bonafide, verifiable, positive results. When I get up in the morning I do not "feel" like going to work, but I suck it up and I do what needs to be done for myself, for my company, for my family and for my country. That's what is expected from any CEO that took on the challenge of leading and developing a going-concern enterprise.
Opportunity for Buzzy! Not everyone comes from a business background nor do we have the same method of doing things. Everyone can potentially make mistakes, not choose a correct strategy, right suppliers, advertising methods, distributors, packaging, etc. We are also prone to be subject to deflecting partners, alliances, contract non-performers, and generally those that don't do as promised, even if not intentionally malicious in nature. However, we all have an opportunity and hopefully ability to improve, grow, learn, adjust and reflect of what the market and more importantly stakeholders request. It is requested for the CEO to be mindful and exercise due-diligence to the equity holders that is his fiduciary responsibility.
Fraud or Not, I'm unable to make that determination nor do I have legal jurisdiction over Buzzy's actions or lack thereof. However, if it walks like a duck, quacks like a duck, it's most certainly not a cow or a goat. Actions speak louder than words. It is the basic life's principle that we've learned, well most of us have, in grade school. Though, it is understandable how a desire for winning a lottery may cloud sound and clear-minded judgement. That is why people often marry those not for who they are, but who one hopes the other would be, and it rarely comes true. Life is full of consistencies. And although it is advertised that past performance is not an indicator of future results, somehow chartist are able to consistently and profitably rely on past patterns foretell direction and magnitude of trades. In life, it is much the same way. If a person keeps promising but doesn't deliver, what is the likelihood of delivery in the future? If nothing else, the likelihood keeps diminishing.
Conference Calls. There's one existing product, and a couple of products/ventures in the works. What is there to talk about for a whole hour? For any high value human being, if substance isn't received, it's a waste of time. To speak for an hour without a substance is a form of charlatanism. It is a method of putting a veil over lack of quality with quantity of rhetoric. It is a basic from of negotiation technique, by exhausting your opponent with superfluous information to a point that he will give what is being asked just to stop the torture.
Value of the enterprise. There's been much talk about how valuable of a company this is and that it's unbelievable that it's selling for such a "low" value in light of the "progress" that is being made. Everyone is an adult on this forum, at least physically, and should be experienced in life's basic lessons. Particularly, market always finds its equilibrium. Generally, it is not possible to get something that is REALLY undervalued for a very long time. People are smart, and especially investors, (most investors). If something's of worth, value is bid up to it's true worth. When something is not worth a whole lot, those holding interest in the venture will do everything possible to liquidate their positions with the least amount of damage. As such, VGID's IPO price was $1.50 per share or so as of March 1, 2014. Today the price is $0.0013 per share. Effectively, the enterprise is worthless and bankrupt. The fact that the doors haven't closed yet, is the fact that for a while it is subsidized by the majority stakeholder's sale of the initial proceeds. Real investors don't have faith in it, and only "believers" try to get their $0.0001 so call swing profit out of it. Value in the enterprise fell 99.99999% from the perceived or advertised value at IPO. In the real world all the management would have been fired if not put to jail for misleading investors. The only thing that saves current management is the fact that regulating bodies do not have neither time, interest, nor resources to deal with petty, though nonetheless, fraudulent operators.
Company worth! .... Without going into too many details on only looking at published market cap of $1.7M and gross profit of $96,395 means the company is valued at 24 times profit, gross profit, that is, for lack of a better word, gross. The valuation is more than that of a high-tech company that has superior economies of scale.
Exciting times: News, updates, spinoffs, better financials, contracts, new website, etc, etc, although good in the short-run stock jolting, it really doesn't matter in the long run. What matters is a profitable business where new clients are acquired, existing clients are retained, and expenses are managed well to produce shareholder value.
At this point in company development it is all about managing shareholders expectations. We are still yet to see Roadkill to be sold in stores. Yes, there's been talk about it, but no photos of the packaging, no photos of product in store shelves, etc. Is it really that difficult to do so?
With MJ infused Green Leaf drink and attendance, as well as sales of the drink, where are photos of the stand, drink, packaging, happy customers? Where is the proof of all that activity? Is it all typed up your monitor screens? that's all? It literally takes a few seconds to snap several photos of this product that the founder is ever so proud of. After all, it's free advertising! Business startup 101, never lose and opportunity to advertise your product for free, particularly to equity holders.
What's this talk about seven spinoffs? It's irrelevant how many spinoffs occur, but rather the quality of those spinoffs. It's much better to have a spinoff with growth in volume, revenue, and net income, rather than seven spinoffs that have nothing to show. Buzzy, focus on a single enterprise and make it great, rather than spreading yourself thin.
Retire in four years. To the gentleman that wants to retire in four years: it isn't smart relying on VGID to be the lifeblood of retirement living. There mere statement made implies that reliance exists. Think about what will happen to your retirement if the lottery ticket known as VGID doesn't work out?
The company should be and is trading at Zero. Nothing. It's an ultra-low penny stock. There is no enterprise, no viable product, no "real" revenue. The fact that there many an extra 50 or 100k worth of additional revenue from road shows does not contribute anything significant to the underlying enterprise value of the company. Much of the revenue is spent on business related matters and nothing left for the shareholders. Successful companies must and should either,1 - increase customer base, 2 - retained earnings account should grow, or 3 - dividends should be paid out. While for an incubator company the latter two are rare, the only viable value is in product interest growth. So far, over the couple of years that I've seen this company operate, it has been none of the above. Even with the distribution of Fernhill shares, Fernhill isn't growing. At the end of the day company is a lottery ticket, with, perhaps, slightly better odds. Beverage industry is challenging and requires enormous advertising expenditures, especially for bottled drinks. It still very far away from becoming even a noticeable player. Being a one hit wonder-boy is just that, one viable business, Buzzy's Coffee. It would be great for Buzzy to focus on a single business and make it great again, rather than spread out into various enterprises without specific industry expertise.
I can't find the drink sold anywhere. I just want photos of drinks on shelves at various locations. I also want to try the drink.
What is the store where you found Roadkill stocked?
I've called and visited stores, but cannot find the Roadkill anywhere. Can I see where specifically it is sold? Proof(photos) of it on shelves?
Can't find Roadkill in stores. I want to see pictures of Roadkill on shelves of various stores. Can someone take photos? I've called and visited the listed stores, no one can confirm the drink.
Which stores currently carry Roadkill? I'd like to go see them on shelves. Would be willing to take pictures of the product.
No Product. Just called a few of the listed stores, none have heard of the product and don't have it on their shelves.
So now we're in hair cutting business? :) :) :)
http://www.anddrinks.com/
Why is the website no longer active?
How would you pump it? Mere hype doesn't work. Gotta either sell or buy shares :) in large volume. Create demand for it. Hard to pump it when there's no news from the CEO.
You want to give Buzzy credit? Go ahead! The reality is, credit is given when it is earned. When you go to the bank to ask for credit, the bank inquires, what assets and performance history you have. Based on Buzzy's performance history, not only credit, but position of power as CEO should be stripped. Here are practical questions I would want answered.
Where is AND currently sold?
What's the volume of sales?
What new products are in the works? 1, 2, 3? Soft drinks? for adults, kids teenagers? what is the stage of production is the newly acquired microbeer? Volume? Distribution points?
What's the challenge with FERN? It doesn't take 1+ years to issue shares.
Regular shareholder updates, where are they? Where's the report card? This is what we've done, this is the challenge, this is what is planned in the next month/quarter? The mere "successful summer" means nothing... He has to quantify it!
Main point: Inform investors of the progress being made. It is understood the company is a startup, but show progress, show signs of work being done. Don't keep investors in the dark. That is the primary reason there's no interest in the stock.