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ChenTzen. Bllb has caught a couple of tigers by the tail (retail giants)and are now trying to deal with them. Their old manufacturing facility is now a warehouse and the new facility also warehouses product. Scrambling to keep up with orders BLLB must be wondering the best way to handle future growth. Since we have seen product in California Walmart(s)we have to assume they have already expanded their market and test phase is about done.
We have over 250 products under five brand names, some make more money than others, and some have excess production capacity while others might be maxed out. Management has to be in the process of making new decisions as to expansion, increasing productivity of existing facilities, and streamlining and "marrying" operations.
Will simply expanding current existing operations be enough? CAn they double production and shipping? What about raw products - can enough be grown locally or source new supplies/locations?
Do you try and make everyone (clients) happy and stretch resources, or make plans on concentrating on largest clients?
Would it make sense to sell off marginally profitable operations and concentrate on most profitable?
Does it make better sense to expand current operations or look around for another acquisition with existing manufacturing and warehousing facilties closer to intended market?
How does escalating fuel costs affect current operations and profitability, what is the outlook for escalating product and shipping costs over the next two years? Five years?
From phone conversations reported by various posters here it sounds like operations is currently maxed out and shipping bottlenecks might exist.
Not enough information is available to make informed guesses but I'd have management has some tough decisions to make. The big question is what would the company have to do if Walmart wanted BB products rolled out nationally. Could BB handle it and if not, what would have to be done in order to facilitate operation expansions - build or buy.
Streamline, consolidate operations first, then expand. Im hoping the need for further immediate dilution is not in the plans. From all accounts stock pps and investors are the least of their worries and low on priority list.
What happens next depends on where the company (or Bell Buckle family) wishes to make their money - from solid product sales, sale of stock, or sale of company(ies). Right now product costs/shipping must be going through the roof and hitting bottom line.
For me I dont understand why someone here doesnt tour the facilities and talk to a few employies while on the job, or at the local watering hole. Employies can provide a lot of information as news travels fast in a company.
The company has been reported as profitable months ago, before or at the start of BBQ season. The question is are they making enough to provide expansion and have they built a bankroll?
Announcing a cash reserve or profit would go a long way in a very short time. Throwing out some $$$ numbers right about now would make a lot of sense if figures are substantial.
What would a million or two in cash do for the present market cap and pps? For me it would despel dilution worries and allow investors to take a little profit along with the company.
We are going to see just how investor friendly this company is. An announcement of the hiring of a credible accounting firm or some sweet company profit would or should have an immediate effect of pps and shut current investors up for a while. LOL.
GLTA - P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
Builds take time? The ibox states to earn 28M a year we need to put out 2500 cars per year. Thats 7.8 cars per day 365 a year.
2.8 Million a year would equal 250 cars per year or about a car per day five days a week. If a GTM takes about five days (???) to build.
When talking to Peter find out how fast the builds take per vehicle. My target pps is one penny but I'd settle for a half penny over the next few months.
Even some new pics be welcome. GLTA - P.
I guess thats why your selling and Im buying. Anybodies guess since no one here wants to visit either warehousing facility or talk to production employees at the local watering hole.
Its anybodies guess at this point. If your right and no news till July sometime, I'll pick up some more around .0003 and my purchase point last week at .0016 becomes a selling price. I like my scenario much better of getting pps up before news and POSSIBLE dilution hits.
No news and pps is triple zero's and zero volume. How much STOCK in dollar value has been traded today? If MM's wanted this in triple zero's it would have been there a long time ago.
If Capn Rodney had any brains he would have spent profits on buying back stock at a fraction of what he sold it for and selling after releasing news. Dilution without news would most likely spell c-e-l-l-e-r b-o-x-ed.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
??? No nasty games needed here. MM's simply move the pps to where it does the most volume. In our case they are having trouble keeping pps alive and above triple zero's.
Cant move it down too much because no sellers. CAnt move it up because no buyers.
I would call this the CApn Rodney strategy and fully expect news either this week or next or both. This way he has a month to build pps before dilution considered.
I feel so strongly about this I more than doubled my position so its more suitable for flipping/swingtrading. Clearly a buy and hold strategy is not working too good.
Looking and holding for .02 over next 30 to 60 days and good enough reason to hold.
Unveiling cermonies work only if people know about them. Have not seen any articles outlining REVENGE anything.Im sure everyone knows that if they want a successful yardsale, they will advertise in advance.
If I was going to unveil a flagship vehicle like a REVENGE GTM, I'd have a full page ad in (ie) Playboy, Penthouse, and other mags that MONEY reads here and there.
Publicity is not hard to do, but REVENGE seems to be doing what? If they are building and selling cars, why dont we know about it. One or two dont count. How does the mechanics and techs get paid?...
Picked up some more shares last week and will hold despite my doubts. Seems to me they have to put out at least ONE car per week to pay bills, if not we are the ones footing the bills.
Giving Peter the benefit of doubt till he shows his true colors, but not betting the farm on this one.
GLTA.P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
patent rivival good news? The bad news is that OTTO law group is supposed to be competent enough to keep filings and patent fee's current. How many times can these guys drop the ball over a one year period?
However I am happy things are moving forward...again. And yes GO TCLT - P.
realnewsinc - which is why I doubled my position yesterday. The pump (pr's) will have to begin sometime soon to get pps up and ripe for selling. The low pps combined with real possibility of positive news anytime now was too much to resist.
.01 - .02 will give me a nice little profit from .0016 over the next few months is my hope/bet.
Video cams inside building? Not a good idea IMO. Company SHOULD make a video of building and operations and post on company website, but I doubt if the workers want to be on internet tv all day everyday. That would be a work environment that would truly suck.
Well, today or tomorrow I will adding to one of my stocks but I dont think phgi will be the one. Maybe if another makes a good run over the next week and I use profits or some free money.
In all liklihood management has already considered near term expansion in anticipation of further market expansion, which is why they bought a large property.
Realistically though, thats a lot of time to go by before production in a new facility starts up and product rolls out the door unless they have built in extra capacity at present location and need only build warehousing facilities.
Otherwise they have already scouted another company already in production for takeover and then will have access to new production facilities and warehousing immediately.
Either way you gotta figure this company will have to expand operations with market expansion of existing and new clients. From all accounts, they are already scrambling to get product out the door. Despite lack of news, when it does come I expect it to be mostly all good.
Lighten your share load or add to it according to your way of thinking - JMHO. P.
Looks more like a vehicle compound than proposed construction site....shipment of new vehicles coming in? We know the shop is always crammed with vehicles "waiting" to be finished.....
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
A lot of scam stocks have good runs. Its a cinch that those buying the snot outta this stock at .0001 and even .0002 are not gonna be happy with taking a loss.
I'd have to say that I like my chances for one more "for no good reason" run. Many many times we see this happen over and over.
Of course I'd have to weigh the decision to purchase phgi with another stock with relatively low float high $$ repeat sales and in several retail giants including Walmart. hmmmmm thats a tought one eh? LOL.
The ability to sell fuel all depends on having the proper permits and paperwork done properly and then approved.
However, by adding a little dye it could be sold to farmers for off road use only.
Or there is the possibility of selling for marine use only I believe.
Still, the biodiesel operation as a successful and PROFITABLE operation remains to be seen or proven.
The gold mine on the other hand represents an opportunity to make a lot of money in a short time, and should be able to be done with a healthy profit margin given todays prices.
The thing is concerning the pps or stock is no one has any faith in Beebe to NOT harm them by either RS or dilution. To me buying any more stock in this company is tantamount to trying to crawl into a bed with a rattlesnake in it.
If ya dont get bit right away, its just a matter of time and chances of getting out without getting bit is mighty slim.
Most of us got hammered twice with dilution and just wondering when the final blow is let loose...one thing I do know is that unless I pick up a few mil at .0001 or even .0002 my chances of making back some of the loss incurred seem slim to none. Picking up a couple mil here at todays pps might get me to break even at .0005 instead of .001 and .002 would be really really sweet. LOL.
50 50 chance of a "for no good reason" run before hit with RS or more dilution is how I see it. Flames? comments?
P.
-given the company is in development status and has a high cash burn rate with little to no income we know of right now, it dont take a rocket scientist to figure out the money has to come from somewhere.
Saying either the AS will increase or the OS will reverse is kinda like saying that tomorrow the sun is gonna shine, or it wont. Kinda a no-brainer there eh? Dont need a rocket scientist to figure that one out. Is there any pinky who hasn't raised money by selling more shares or reversing at some point? Maybe you do know a few but my guess is not to many.
Yup. Either the sun is gonna shine tomorrow, and if it doesnt, I'll bet my last dollar its because it cloudy... Yep, I can see the future LOL.
I call it "cycling" as in recycling. This usually happens when a companies investors have invested all they are willing to or can and no more. Volume dries up as investors become wary and suspicious while the company sits on progress (or lack of) news.
On no news impatient (or smart) investors leave for greener pastures while the company will then set out to attract a new set of investors, often with a string of pr's meant to attract new money, often a set up for future dilution.
New sales orders at this time of year should be slowing down, as what they are now shipping was ordered months ago in acticipation of BBQ season. Kinda like the futures market.
Right now the company should be scrambling to get the product ordered months ago, out the door and into the stores.
I could be wrong and this is JMHO.
What I do know is that important information that could either benefit or harm investors is being purposely withheld. Thats never ever good in pinkyland.
As mentioned earlier by me, BLLB is dealing with a couple of giants who like their product. If Walmart decides with a national rollout on BLLB product, BLLB currently does not have the capacity to either produce or warehouse all the product needed, and would call for huge amounts of expansion money. Supply and demand would be bottlenecked with logistical problems.
So do you think the company would announce expansion knowing its gonna cost a LOT of money? Dilution is ineveitable somewhere down the line.
Bought in at .0036 and holding (for a while longer anyway). Not buying anymore till news hits although tempted by dropping pps.
It would make a lot more sense releasing good news and getting pps up into the pennies before any dilution hits. A hint of dilution right now would drive pps to triple zero's methinks. That means going to billions of shares instead of millions...
JMHO - P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
I've addressed that issue on RB already. JR knows where the modular algae systems come from and who to thank for that and other things. Im hip to that. After all, we all know it was Parson Mac who coined the term VErtroleum despite who claimed credit for it.....JR should give credit where credit is due however.
HOw about that 2B $$$$ announcement by sstp?
Sales?? Wont they have to finish the outside infrastructure first? Holding tanks for raw product, and a separate holding tank(s) for batch certified ASTM standards.
Has paperwork for taxes been submitted? Has steady supply of feedstock been obtained?
Just one more hurdle BB has overcome on the way to sales. Progress for sure but more needed.
rs with nevada transfer seems ineveitable. 5B down to 75M?
Looked to me like there was about six GTM shells and frames kicking about....that be a half mil. in sales. Wondering what the cash burn rate is as time goes by without sales updaes. Mechanics and techs. need to be paid.
In the pictures there looks to be at least another half mil. in other cars, Solstices, GTO's etc. I guess we'll get the news when they are good and ready. Just got in a while ago so not to long a wait. Down 50% right now but that can change in a hurry. One month might make all the difference.
Agreed. Especially when you consider that no details were available as payment. To me that means they havent received money or stock yet, but is working hard as IR??
Cut them some slack...its a good sign they have confidence in the company to succeed. JMHO. - P.
JC - agreed. Chad is no longer with company. As for him quitting because of dilution he's soon to run outta clients.
BDRR more than doubled OS and float. Many pissed off investors there. More so than here.
Given his reason (according to pita) of dilution for quitting rvgd, he should soon abandon bdrr as well....
Tic toc...GTM countdown is on.
Help? Just received proxy vote stuff, and detachable form.
There are four items numbered 1 through 4. Each item has three categories to choose from: For, against, abstain.
1)Do I simply put an X in the "For" box for each of the four items, sign,date, and return it?
2)Is entering the X in the "For" box in our best interests and the companies? I just want this thing to trade, hopefully make some money.
For those with TDW, you should receive yours soon...
Thanx - P.
This is my last freebie post of the day so cannot respond.
pdx: then lose the big belly LOL!!
I read Factory Five Racing is having an event early June. Be sweet if we had a Revenge GTM there to showcase quality design and workmanship...
Factory Five also has races?
Was it me, I'd send a GTM to Playboy mag. for a write up and full page ad. Ka ching.
I keep wondering what the hell all the technicians are doing there if they aint kickin out cars/trucks. Surely one per week is not overproduction....
Yup. Did about 100% today,jumped from .0002 over a week, big things expected: http://investorshub.advfn.com/boards/board.aspx?board_id=7901
Hey wAve. tclt methinks. Oughta be interesting tomorrow.
TCLT - whutz yore chartz say on thiz one? Crazy gainz..
TCLT - going crazy. dont know whats driving it but its all good.
ONE pr would satisfy me as Im comfortable about everything else....NO NEED FOR FURTHER DILUTION AND COMPANY HAS SUFFICIENT CASH FLOW/PROFITABILITY.
P.
Thanks for the news. Sold off 90% of stock on dilution news breaking even but left 10% for the "what if" scenario. Averaged in now at .001 and looking for a double for my troubles. Congrats to those who bought in at .0002 or .0001
P.
mbtone:
I live in Canada but did spend many years in Marlinton WVA close to Snowshoe Resort. Now I spend many a day daydreaming of the times walking the mountains, hunting, fishing, trapping, and somepart of me wants to move back there. Many self reliant people there.
Good honest country folks. If thats what being a hillbilly means count me in as I plan on moving back there one day...
I envy you.
Scovanner: Walton county - here you go most clueless one.
http://www.gulfcoastenergy.net/index.php?option=com_content&task=view&id=29&Itemid=56
Simply type walton county biofuel into goog. that simple. LOL
We really miss your insightful posting on rvgd board haha.
Jux, its your hard earned money at risk and as much as you have invested so far, do what YOU think is right. As for me I wish you would send the letter or get them to move.
Its been reported that we are making profit and business is booming. Its their RESPONSIBILITY and obligation to report it to their shareholders (us).
What they are doing amounts to negligence, or they are up to no good. As others have pointed out "a couple of weeks" is turning into a couple of months.
We know that if Walmart or any other big account wants to take BB national, it calls for expansion and capital expenditure/investment - dilution.
If the company refuses to play fairly and responsibly, get down and dirty and fight for your money.
The other alternative is that if its only spending a measly thousand bucks for a pr, I think your money would be better spent giving the company a thousand bucks for a pr than it would be if used to buy more stock at this particular point in time.
If they refuse to release news if you pay for the pr...well, figure it out for yourself. Perhaps we should start a dilution day countdown (D day).LOL.
polliesboy - I respect the dd work you do and everything you to try and bolster the stock. However, your analogy on equity and take on flippers is ridiculous.
There should be only one reason to speculate on this companies stock and that is to make a profit. I kick myself everytime I fail to sell and take a profit but I chalk that up to greed and believing the company is going to to release some good pr's and reward the investors.
Gimme two prime examples of the many pr's that were not related to stock selling....show me some proof that the company has made any progress to uplisting?
The company has got theirs and now we want ours. I own stock but not enough to flip. I'd like to buy more but want some good news first.
Flippers are not your enemies here right now, management is in that they are purposely withholding news that should positively effect the pps and give us our ROI.
The company has no problem to use pr's to raise money, but they have a problem in using pr's to help shareholders?
Please.....keep up the good work in reporting and holding the board together. Always remember the MM's will move the pps to where it will create the most volume. Even at .002 the volume sucks. Not many new buyers around which we need the pr's for.
Flipping for a profit in no way takes equity and profit potential out of the stock(not the company), but dilution sure does.
If the company has cash flow and profits, two or three grand is peanuts. I dont buy into the crap that the company doesnt want to waste money on pr's, because what the company is really saying is it doesnt want to waste the pr's on its investors, preferring to use the pr's to raise money by devaluing the shares their investors currently hold.
Back to lurk mode - sorry, but your post caused me to speak my mind. Im long as most here are. Flames or comments welcome.
JMHO. - Penn.
How about Wholefoods and Wild Oats???
Bllb not only acquired Bainbridge,but Wholefoods who absorbed Wild Oats. How about Tree of Life whose distributors cross the border into Canada? Wholefoods and Wild Oats make up about 200 outlets....financials make up Bell Buckle, Bainbridge,Wholefoods AND Wild Oats I would think.
From this point on sales should drive more acquisitions to spur rapid growth. Bell will soon outgrow their two warehousing operations.
Sands as a mod.? Thats rich but probly what phgi deserves. One of ihubs most prominent bashers moderating one of my stocks - serves me right I guess.
I know that Sands showing up on your stocks MB and posting is never a good thing, but I guess if anyone knows the ihub posting rules it would be him.
At this point I dont think having Sands mod. would harm us any LOL. (look at)SLJB is pretty much known as out and out crooks, is not in business and doesnt even have a business address, under OSC and SEC scutiny and a half step away from being delisted, but sljb pps is still five times phgi.
Geez from 600M to 5B in two months and he scratches his head and says "what happened to pps?"
Its a cinch he cant sell many more shares like five billion is not enough already, and so where is future operating money coming from. Perhaps we can clean up the radio station trailor(s) and rent them out to broke shareholders?
The more time goes by without a peep or hint from management the more investors and potential investors we will lose.
There has been no filings so no news blackout is nec. or warranted. It has been stated there a LOT of progress has been made in market expansion and increased sales.
Most all of past pr's coincide with dilution activities, no pr's have been released to increase shareholder value. No pr's have been released regarding financials or profitability or earnings per share.
Something to think about, Bell had to expand in order to facilitate increased business, doing just a fraction of potential of large distributers outlets - Tree Of Life Wholefoods, Walmart, etc.
I expect their new facility is already maxed out and the company knows that if they want to increase the number of outlets distributing our products, MAJOR expansion has to occur.
How many Walmarts are in California never mind the other distribution chains we supply.....
Im happy the company is enjoying overwhelming success and expansion, I just think its time they shared the success with shareholders by releasing news that affects the pps in a positive way.
I agree the chart is weakening from lack of pr's, and that the company has an agenda that seems not to include us is the companies success.
That said its a tough market right now. BDRR released earnings of .009 profit per share and look where the price of that stock is. Float is about a tenth of bllb. To me that says a lot of down is possible with bllb and without news soon is a certainty.
Not bashing, just reality. I hope Jux is kind enough to report back findings if he is able to. Going on four months now without a hint of news.
Yikes! Kinda glad I sold off most at .065 and USSE at .035
Just wondering when to buy back in -how low can she go? Still following progress as much as anybody can. Seems JR has little regard for shareholders and I guess thats reflected in pps.
Just a thought but I think JR gonna generate huge bucks and royalty streams from Central America and then steamroller over the USA biofuel and electricity supply industry. What he is doing reminds of playing the game RISK and amassing armies ($$$).
When time is right I think more "Green Energy Consortiums" will be announced but for now concern is bankrolling planned USA rollout.
JMHO. - P.
BDRR - back to .009 pps with earnings of .009 reported? just 34M float,20M restricted and 200M authorized......
Yikes. Glad I didnt load up "cheap" shares in anticipation of a "good" and "positive" pr. Took CEO and lawyers a week of hard work to come up with that?
I hope the lawyers took into account that dvfi is supposed to own (or a portion thereof)tyeg, not have joint ventures. Seems we do retain a portion of ownership of wwng though.
No report on cash flow if any, no listing of assets or report on any project. This pr fits the bill of " well....we have to pr SOMETHING to shareholders..."
Considering they havent reported any cashflow, are they gonna dump shares immediately after reducing? What is more likely share buyback or reverse?
- dont answer that.
Penn's crystal ball says we might/should see .004 over this week. Not sweating this little dip.
"When are they going to shoot this dog?" They already have - its just not "dead and buried". Too many folks having fun "kicking a dead horse".LOL!
Yeah, I lost money on my last purchase but have sucked it up ($$loss) as a bad investment and moved on.