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This. Changes. Everything.
- Anshu 4/03/2020
My concern with this coming CC is yet another “game plan” will be unveiled. It’s always something new with these guys.
Just stick to what’s working and heck, why not at least talk a little about the only thing that IS working???
GCC
This. Changes. Everything.
-Anshu 4/03/2020
All that is well and fine.
So why would Anshu talk about the companies ability to make millions of masks monthly? And then not sell a single mask. Not one. Lol.
To hype it that way was what made it an epic failure.
“Cares” made more (allegedly) in one transaction than BLF will make in its first four years.
So maybe “Cares” was the better way to go.
Scoreboard-
Cares- $820k
BLF- $50k
It’s a blowout.
Bingo.
But I’m sure there is some horse shit narrative for that too.
Damn. Should have taken the under.
Obviously we will just continue to disagree on this one. Those stores were open just about the whole damn time.
Meijer
Weiss
Maxx
Marshall’s
Home Goods
Topicz gas stations
Rally House
And on and on and on...
Yeah... they wanted candy for Spring Training too.
Playoff end Oct 28. Let’s see how that works out.
#AnshuBlows
#FireChrisCutchens
#TJMaxxBy2022
#MeijerByNever
Over/Under on diluted T Trade totals today
16 million.
I’m taking the over.
Interesting how he was so “chatty” when WL was selling all their shares. Lol.
The silence is for the WL reload.
Down we go. Those 14’s won’t hold.
Yep... been saying that for awhile now. They used to give us regular updates on the portion of the company that accounts for 99% of their revs.
Now all they talk about is the candy that has generated less than $100K this year.
But if you looked at the investor presentation, you would be led to believe that the candy was the main driver of the company.
It’s all backwards and none of it adds up.
Monaco is a blip on the radar compared to the dilution. No worries there.
I do agree with the weak Q incoming though.
I think it might. But I’ve been wrong here one time before.
Only 19 million million in Dilution today.
Wrong. The NT gets you 15 days on a 10K and 5 days on a 10Q
What’s the over under on T Trade totals today?
The line is set at 30 million.
You taking the over or the under?
I hope ur right.
Very much appreciate the math. But I highly doubt that the candy goes to nearly as many locations as you are listing. I think it goes to a few hundred stores. At best. And those will be in select markets that have MLB teams.
Once again, I think this will be labeled as a "pilot program" and then we will see if it expands from there next spring before baseball ramps up again.
It is 100% a seasonal product. Anshu and TJ Maxx have both made that clear. Hockey is almost over but should restart in December or January according to the league. So hopefully we get the NHL candy into TJ Maxx locations before the start of that. But I wouldn't hold my breath.
I like your projection better than mine... trust me on that. But i don't believe for a second that we get the candy in to very many locations on this initial run.
I fully expect this to go back and test the lows at 11 or 12 this week. Chart is screaming for it.
That’s ur buy spot. No reason to buy at 15 or 14. White Lion won’t. Why should you?
Watch for the continued shake today and continued silence from the company.
Anshu will ramp up communications once WL has loaded back up.
Funny how that works.
So according to Big League Foods Twitter page... they are going to sell the candy from Oct 8 until Halloween. The last game of the World Series is scheduled for Oct 28 (and that’s if it goes 7 games)
So the candy is gonna sell for three weeks (assuming we get it delivered on time).
Awesome. That should give us a nice fat boost of about $3000 in BLF revs on the next Q. Lol.
Depends who ur asking. Lol. Sometimes, Cutchens takes as longer as he wants. You knew it wouldn’t be early or on time though. So now let’s see if he can get it done during the extension. My guess is, No. The change in auditors came at a poor time and that would be the likely excuse.
I hope I’m wrong. Cuz this hits trips if they go delinquent again. The 10K delinquency is what caused this cascade of dilution in the first place.
Cutchens... smh...
Ur clueless... another 30 million plus diluted.
Another 30 million diluted today at minimum. Beautiful. WL will ounce in the morning when this dips again.
It’s a sketchy situation. Let’s see how Anshu addresses it. I don’t think it will be particularly favorable. Again... it’s 50/50 at this point.
This is so that WL can get in again at the very bottom.
Notice all that wonderful communication from Anshu a couple weeks back? It was totally out of character for him. He’s the worst communicator ever. Lol.
Don’t worry, he will communicate again at a high level, the minute that WL has loaded the boat. I’m gonna play along this time. Got buys in at 11 and 12.
Wait for it...
Nobody questioning the quality of the products. You are spot on there. The candy and peanut butter are excellent. But they gotta be on shelves to generate revs. We are already half way through Q4 and candy is still absent. So revs won’t be any better from domestic foods for Q4. Q1 would be the first time we would even remotely see impacts from those. Eliot’s was projecting only $400k for the year so at best, we get $100k to show for Q4 from that product.
Still 95% GCC until the candy is on shelves. They don’t seem to be in any hurry. That’s for sure.
That is the question. Ideally, they are paying off all debt and are using the money to get their current products produced, packaged and on shelves. But these guys have not been the most trustworthy individuals of late, so i'm calling it 50/50 on whether this money is being well spent to benefit shareholders, or being used to line the pockets of Cutchens and Anshu.
I should have flipped some. I’m still buying. Honestly, I thought dilution would wind down after the first WL run. But that’s not the case. I’m rolling the dice that eventually Anshu tells us he used the money to pay off all debts.
If that doesn’t happen, then this is in big trouble.
I’d wait till later in the week to buy. This will go back to test the lows at .001. More dilution to come and the NT will cause a quick shake.
Then Anshu will likely put another PR out and use retailers like TJ Maxx to create a buzz. Probably will mention new products and acquisitions as well.
Volume will be super heavy as WL unloads shares back up towards .002.
Over 50 million in dilution today. We will easily be over 5 billion OS by end of the week. Volume will really ramp up as this dips back to test the lows at .001 this week.
Don’t act like that’s not a concern... At this point, Verus has based revs on “accounts receivable”. There has been much speculation as to whether those revs are being collected. It will come up in the CC and hopefully they have a solid response.
With the continued heavy dilution in play, and managements inability to follow thru and get products to shelves (BLF and CBD) I think we go all the way back and test the 52 week lows at .001. Chart is begging for it.
The dip today will be a precursor to the rest of the week. Watch for the NT to cause another shake later this week.
I think we get another buying opportunity at .001 area and then move up for WL to sell massive shares on the way back up to .002.
This has turned into a flippers dream. While that’s not my game, I can certainly see the benefits here. Anshu will flood us with nonsensical news on the way back up to help his buddies at WL with the sweetheart deal.
Lol. I predicted it would go to 15. It went lower. White Lion will load up at those levels and will sell on the next maybe not so true news from Anshu.
So expect volume to pick up as we sink and expect to see another S1 before long.
Then it should pop nicely back to .002 area where White Lion will sell. Anshu will assist them by putting out more news so that WL can sell into big buying.
They can play this game over and over.
Proof of what? It’s not in stores. You will know when it is.
Easy Okavango. All that truth might be considered negative.
Websites... ur shitting me, right?
This product needs to be on shelves, not websites. And yes... Walmart.com is a joke. So is that pricing.
When revs for BLF come out next week you will see how (not) effective Walmart.com was.