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Shareholders haven't posted in years because we have been waiting for something good to happen. Now we have all of you to wait with us. Expect another fluff PR in about a year.
Welcome to the wonderfully magic world of PGPM EOM
Go back and read old PR's. They announced a multi million share buyback a year ago and still NADA!!!
MM's manipulating this b*tch for over a year. EOM
It's nice to see MOMO chatting it up in all of my investments. Must be a good sign.
I am with all the long timers here. Nobody is bashing, we got burned but hope all of you can help us out here. Would love to see .06 as well. Spread the word but be careful. GLTA
Message to old timers:
Please don't bash these guys. let these guys talk this stock up anywhere they want so we can get out. It is the ponzi scheme I mentioned a few days ago. Let them in and that will let us out.
Very interesting indeed. The volume alone should open some eyes and put ITLV on their radar screens. GLTA
Hey Ralphie Pinhead: Why don't you take some of the $34 million you are so proud of and get yourself some audited financials from a real accounting firm like KPMG, Ernst& Young, Coopers, Deloitte, Touche can't keep up with the big mergers. This way we can see what you really have going on. You mention audited financials year after year and yet nothing. Get yourself audited financials so we can really see what you have done to your shareholders and move to the BB or somewhere respectable. Either that or let your shareholders start a class action lawsuit to uncover your lies, deception ponzi scheme, fraud or shill of a company. Thanks much!!!
Yeah, I guess he had information that Lee's surfboard just washed ashore with a large shark bite taken out of it.
Hey Lee: Please put down the surfboard and come back to the office. Either that or stop writing your little articles for all the marketing journals. If you haven't noticed, there is NO interest in your company at the moment. You destroyed the MOMO with your dilution and we have barely heard from you since. If a rip tide took your surfboard out to sea please shoot a flare and we will come rescue you.
I have a feeling news is coming as well. Patient investors kept the ask at 8's for a couple of days and we had low volume. MM's walking it down for some of Lee's friends to buy some more nice big blocks. Wouldn't be surprised to see it walked down to 4's and watch the big buys go through again ahead of the news. I also like the Yahoo buy from Microsoft and continued consolidation between industries that can work well together. Over a period of time, Lee will be right in the middle of the browser war and will strike a lucrative working relationship with the highest bidder. Just my opinion. That's all.
Is Ralph claiming net revenue of $34mil on the muddy fields he supposedly dumped on someone else and excited to release that in yet another bogus PR.
At least the bid/ask is moving in the right direction.
Can somebody with L2 post the trades that recently went through.
Alexa.com has a site called americanbulls.com been watching that a few weeks now and there is a confirmed BUY signal. Rookinvestor, again, great job with the DD. I agree with just about everything you sense.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=ITLV&MarketTicker=OTC&TYP=S
$40.00 bucks exchanged hands today. I will probably spend more filling my gas tank on the way home today.
You are exactly correct! EOM
I'm sure he is busy doing all the right things. I am certain he is running and building his company correctly and I am sure we will all prosper from this company over time. I just wish he would put out a PR recapping highlights and deals near completion. I don't want any BS fluff PR's just some solid info on what he has accomplished and what he is working on going forward. He is building this company globally to include Asia and Europe. This is a multi-billion $$ industry and his cutting edge company will be leading the way.
Rook: Thanks for the constant updates and due diligence. You keep the shareholders better informed than our CEO.
I emailed old Lee on Friday to let him know what I thought about the dilution. As I figured, I did not hear back.
Very interesting indeed. Mega volume over the past several trading sessions. Perhaps a barrage of follow-up PR's on some newly finalized deals?
That was interesting.
What just happened? MM's sitting on a lame bid of .0004 all day with 800K traded, now over 10 mil.
I bought more 5's too, now let's rock!!!
Same with Plynt right??? They were in final stages but not completed yet?
I listened to the interview with Traders Nation again over the weekend and continue to feel positive with the direction Lee is taking his company. The buzz words that I kept hearing were: branding ITLV for high visibility, building revenue streams and acquisitions in the industry becoming common place. I see ITLV as a leader in the industry and believe a solid take over candidate by a big boy in the not to distant future, 1-2 years or less. Google and Yahoo were mentioned as search engine company's with interest in domains, on line marketing/advertising etc. I appreciate the lack of fluff PR's associated with fluff companies lacking substance. I am certain solid and substantial news is on the horizon and the ITLV story is just beginning to unfold. IMO great things are on the way for the patient holders of stock and a decent trading spread for the impatient holders while waiting. This is just my opinion. Good Luck.
Burnies: ROFLMAO - Unless I missed something, don't forget:
Third Quarter President's Report due second week of November. We got an operations update but don't remember seeing the report?
Things are looking up though. I got my 25% and it looks as though Ralphie sold 2 buckets of mud at $100 bucks today.
GLTA
I agree completely. No weak hands to shake from and the MM's realize that. When she starts to run she will run nicely. Can't believe they sat on that lame bid of 5 all day.
Hey Ralphie, I didn't get my extra pieces of cr*p yet!
MM's have to let her run. No more weak hands to pull cheapies from. A solid PR first week of 08'explaining recent/future developments and a hint at projected revenue streams and this baby is off. I am certain that with the amount of experience Lee Traupel has in the industry his name is well known amongst the top CEO's of every top company in the world. In todays economy, the next huge push for sales will be online and Lee is positioning himself nicely to be in the center of it all.
Here you go Penny:
Third Quarter 2007 Results
''During the quarter we continued to see record revenue and net income due to our newly acquired bottled water production plants as well as strong seasonal demand for our bottled water due to hot weather,'' said Mr. Xinghua Chen, CEO of China Water and Drinks. ''We expect to continue generating strong financial results as we aggressively expand our capacity and increase our market penetration throughout China by enhancing our own distribution network and increasing sales to beverage companies.''
Revenue for the third quarter of 2007 was $18.5 million, an increase of 79.5% from $10.3 million in the third quarter of 2006, driven by the increased demand for bottled water during the summer months and expanded production capacity. The Company's newly acquired bottled water production plants, Nanning Taoda Drink Company Limited (''Nanning'') and Aixin, acquired on June 15, 2007 and August 24, 2007, respectively, accounted for 25% of revenue during the quarter.
Gross profit was $6.6 million in the third quarter of 2007, up 89.8% from $3.5 million in the comparable period in 2006. Gross margin for the quarter was 35.6% up from 33.7% in the comparable period in 2006, due to the introduction of automatic PET bottle production lines which reduced average labor cost.
Operating expenses totaled $1.0 million in the third quarter of 2007, up from $0.2 million in the third quarter of 2006. The increase in operating expenses was primarily the result of higher general and administrative expenses due to the Company's expanded operations. Operating expenses were 5.2% of revenue in the third quarter of 2007, compared to 2.4% of revenue in the comparable period in 2006.
Income from operations in the third quarter of 2007 was $5.6 million, or 30.5% of revenue, up 74.8% from $3.2 million, or 31.3% of revenue, in the third quarter of 2006.
Net income in the third quarter of 2007 was $5.8 million, or $0.06 per diluted share, up 79.6% from $3.2 million, or $0.04 per diluted share, in the comparable period of 2006.
Nine Months Results
Revenues for the first nine months of 2007 increased 41.0% over the comparable period in 2006 to $37.2 million. Gross profit was $12.9 million, up 43.8% from the same period in 2006. Gross margin was 34.5%, up from 33.8% in the same period in 2006. Income from operations in the first nine months of 2007 was $11.3 million, up 40.4% over the comparable period in 2006. Operating margin was 30.2% relatively unchanged from the year ago period. Net income for the first nine months of 2007 was $11.4 million, or $0.23 per diluted share, up 48.5% from $8.0 million, or $0.17 per diluted share, in the first nine months of 2006.
Financial Condition
As of September 30, 2007, China Water and Drinks had cash and cash equivalents of $27.8 million, working capital of $31.6 million and $0.2 million in long-term debt. Shareholder's equity stood at $70.3 million, up from $9.1 million on December 31, 2006. The Company generated $16.9 million in cash flow from operations for the nine months ended September 30, 2007, compared to $2.6 million in the first nine months of 2006.
Business Outlook
The construction of the Company's new factory in Changchun City is nearing completion and is expected to begin production in the first half of 2008. The new factory is expected to have initial annual production capacity of 178.5 million bottles, or 130 million liters.
For full year of 2007, management has projected revenue of approximately $57.5 million, down from its previous guidance of $68.0 million. The Company reaffirms its guidance for net income of $19.0 million. For 2008, revenue is expected to be about $105.0 million; net income is expected to be approximately $30.0 million.
''Demand for bottled water in China remains very strong, due to the emerging middle class in China and the public's increasing attention on high quality and safe drinking water,'' commented Mr. Chen. ''We intend to continue expanding our capacity and market penetration by building new facilities and through acquisitions. We will also continue our new product development efforts, which are expected to generate higher margins.''
Recent Events
On August 24, 2007, the Company acquired 66.7% of the equity of Aixin through its wholly owned subsidiary Pilpol (HK) Biligical Limited for an amount of cash equal to $1,060,000 and 177,333 shares of the Company's common stock The shares of common stock are to be issued on the 30th day after the effective date of the registration statement to be filed by the Company in connection with its June 2007 $30 million private placement. Aixin became a consolidated subsidiary of the Company on August 24, 2007 and the results of Aixin's operations on and after August 24, 2007 were consolidated into the financial results of the Company. As of November 20, 2007, no shares of the Company's common stock had been issued to Aixin's shareholders.
On August 31, 2007, the Company purchased an aggregate of 11,000,000 shares of common stock, $0.001 par value of Hutton and 5,000,000 shares of preferred stock of Hutton. As a result, the Company owns 48% of the equity in Hutton and Hutton has become an affiliate company of China Water and Drinks. The financial results of Hutton have been consolidated in the Company's financial statements by the equity method.
On November 14, 2007, the Board of Directors of the Company appointed Mr. Wen Ding Hu as interim Chief Financial Officer, who will fill the vacancy created by Mr. Joseph Chan's resignation. Mr. Hu has 28 years of experience in bookkeeping, accounting, financial management and accounting audit, and has served as the financial director of four of the Company's subsidiaries since June 2005.
About China Water and Drinks, Inc.
China Water and Drinks, Inc. is a leading producer and distributor of bottled water in China. Through its production facilities in Guangzhou, Zhanjiang, Feixian, Changchun, Nanning and Shenyang, the Company produces and distributes bottled water to eleven provinces in China. The Company markets its own product under the brand 'Darcunk', supplies purified water to both local and international beverage brands such as Coca-Cola and Uni-President and provides private label bottled water for companies such as Sands Casino, Macau.
Lee stated that he will not release the company names due to ethics and conflicts of interest, this is standard when working with clients in the same industry. I will certainly take him at his word. If you do a google search for Lee Traupel you will notice tens of thousands of articles written by him and about him. I am certain that with 20 years experience in the marketing and advertising industry that he is well known and respected by many colleagues. I am certain that he would not put out fluff PR's for any reason. He is building his company from the ground up and I truly believe this stock will be trading near or above $1.00 within 1-2 years. That is just my opinion/not a buy or sell recommendation. GLTA.
It is certainly time for Lee Traupel to keep up morale this week and deliver on his words. If not, he is like the rest of the pinky pump and dump CEO's who don't give a sh*t about anybody but themselves.
Rookinvestor: Nice work with the alexa.com find. It is packed with info on ITLV. I found a site called americanbulls.com. Enter ITLV and they discuss a bullish trend forming a candlestick with a Doji and Hamarabi Cross developing. They had a sell on the stock 11/27 but is now showing a bullish buy that they need to verify. Interesting stuff though, good work.
I doubt you will see a PR released this week. Less than 3 hours of trading left, market tanking and weekend approaching. Not a good time for a PR. You don't release good news going into the weekend. Release it on monday if any. Lee lies and the rest of you swear to it and keep spreading the bum scoop. I am holding for a long time. A company building a Pay per click campaign and reselling to google and yahoo, both with deep pockets can form a nice relationship as far as I am concerned. The best is yet to come, just be patient.
Yes, that was my 450,000 at the ask. Wouldn't budge at .0004.
GLTA
I sat at a bid of .0004 all day and just modified it to the ask, we will see what happens.