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Soooo what happened with the emergency run that warranted the increase in AS and eventually massive dilution ?
And why the claiming of uplisting requiring the reverse split.
It doesn't add up. Seems like a nice story though.
Were they not already in Kroeger, Walgreens etc etc ? What was last years activities?
I wouldn't have stopped production. I would have continued selling and increasing sales. That's the way you go national. THEN you use proceeds to buy and RnD the next products.
It's called being focused
Exactly. It's a tactic to make the cheerleaders salivate.
General terms are all smoke and mirrors.
So yet another kick the can down the road. Interviews ... Wow that's something to be happy about.
Still a min of a year away for revenues. Soooo more dilution coming.
I called and asked.
You should all too ask and tell them your concerns.
DD. !!!
Damn.
What is your estimate on what one of these costs in a run of 5000 ? They are 1oz each.
Making 10k in revenue here and there doesn't get them far. As I said zero execution.
Like a sailboat in the ocean with no rudder
Re: coffee boost. And never made again
Pick me pick me!
Diluted
This would be the only product they are able to sell correct?
No other products have been produced since this time last year correct?
Let's see how that goes. I did read this.
Was thinking the same thing.
5000 units. That's small for product that has higher than expected interest.
Let's see where it goes.
Uhhhhhhhh. You sure about that. ? We can name two.
Why?
Don't care about other companies. Comparing his purchases in open market once again does not justify this is different than other Otcs or somehow indemnify him from his responsibility to execute on something he says within the reasonable time specified.
When Vanis says days weeks or months something will occur and in that time period changes direction perfectly exemplifies his inability to focus and execute.
Buying shares on the open market and then issuing or buying additional guaranteed shares and shares that pay interest or greatly increased his equity without having to pay is most certainly a smoke screen.
Look. All id like him to do is execute a plan and sell / make revenue. We are no where near this. A lot farther than last year. His 'investment' is very much protected even though he blows through some money in the open market. OS will increase all the while looking like his open market shares are also being diluted. But the devil is in the details of his other shares which far outweigh his open market tidly winks. We said it here before.
SS was kind enough to outline all the other shares he has.
You changed the subject. You and a few others declare his loaning of money and lack of taking a salary as justification Mine will take off.
He is not working for free as he has class a and b shares which are dilution proof and earn interest.
The point is he's not losing money and is / has rewarded himself handsomely.
"Each share of Series C Preferred is convertible into 1,000 shares of common stock;"
836,000 outstanding Class Cs can be converted in to.... Hmmm. That's more than three times the current AS.
I like how Vanis spun this as a plus for investors. As if the Q will never come out. Holding lenders hostage will definitely hamper any future financing.
Sorry Vanis. What you are doing is NOT a good thing long term. Yet another example of a poor plan
How much of the loc is taken out? Anyone know ?
Well. Typically these things work on cash flow. Product gets sold and revenue comes in to pay for the next. In penny stocks a lot of cash is buried in activities. I worked for a big company and they were having trouble paying distributors and pushed out 60 to 90 days net. The employees were paid first. And the cfo made sure of it. Companies stopped delivering some material, bills got paid and money got shuffled around. That was two years ago and they are still around. It's a cash flow thing. The problem here is there are no revenues so the cash flow comes from stock and LOC ( which is only supposed to be used in very short and burst increments ).
So 300 on hand doesn't surprise me. But no revenues to pay for anything is the big red flag.
So what if they buy something. If it's not selling they aren't making money to pay for the next thing.
And ss ' comment about him putting his money up. He's got predominately class a and b stock. Dilution proof and is getting paid at ( I think ) 8%. You can't find a guarantee payout like that in a bank or stock.
False. None have been countered.
In fact as others argued and I will agree, it's awkward he brings up no more conversions while Q is late and 'leveraging' this. This is outright extortion and puts him into a worse situation once the Q is filed. But he highlights that he knows conversions are happening and once the Q is released it can and will happen again ( he's worried about it)
All other items are non definitive just like last years 'progress'.
Until a main sales channel is setup ( and not trials) this is a non performer. And you have been cheerleading it all the way down. So this answers the latter question of who best knows what's happening ... Not you. But I can say many others have and DO know what's happening by describing this going down.
Ss. There are NO facts in the breakdown of your assessment. None whatsoever.
This is the same type of PR that has been released over and over only with different names.
I would only agree with you IF vitaminfizz was still selling and they were making steady growth. But they are not. No focus no execution.
Of course you may argue well they were saving up for the purchase of 100% vitamin fizz and Gabba.
But dam if they say they are going to do something and then hide it or change direction in 3 months that show pure and lack of focus, foresight and ability to be a Ceo.
No facts just dilutive statements along with a stock so depressed they can't even think of uplisting ( reasoning for the RS)
Your opinions do not supercede anyone else's as fact. Especially when they have correctly predicted and you have incorrectly defended over several years.
The pps is all the facts we need. The topping is the increase in dilutive shares over the past year. . Period. You cannot defend that.
Did Vanis imply when the Q would be filed?
7 days til CB squeeze! Yeahhhhhh
*oink oink*
Best of luck
Kind of like those class A and Class B shares Vanis has
But all this doesn't matter if the SS gets dumped with dilution. Lots of AS to hit with no revenue. And do you think they will get loaned more money to bring to market? Highly doubtful with past performance.
Good luck
To be fair no one really cares for a mini shot of energy before.
So new products are what is needed to differentiate and take a lead in a category.
'The development of CB Squeeze is complete, and we have scheduled, and paid for, the initial production run. '
No. I / we had vitamin fizz in the stores selling prior to RS.
There will be continued dilution to keep the lights on and production running.
Take a look at the 6 month chart. That's what he's been up to
Ah yes.
Ok. Opinion still the same ?
Who was it that went to their (Avanzar's) outfit and said they were confident things were ok ...?
But. But they own 100% vitaminfizz!
"MINE also owns 100% of both THC and Coffee BoostL5 and its 60 formula's "
100% of nothing is nothing.
How's that accumulation line looking.
Ouch
How's that accumulation line looking.
Ouch
That wasn't a pump nor was the last word a point at the end of a sentence.