Lurker Nowadays
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Yes, I think the float is locked down. I don't say that speculatively, I say that with data. :)
In short:
1. There are 10 of us here that can prove we own "more than" the 6.5M Float
2. This is a clean shell
3. Clean shells are worth a good amount of $$
4. Barton (51% majority owner) had said privately to a few of those on the board that he intends to clean this up and look for a reasonable candidate to merge with because he was so irritated at a fake filing that plagued us a while back..
you mean 6.5M float of which there are zero go to around. :)
Assuming the Float is still 6 million, me and a few others have it bought up at least 2x. :)
Excellent to see the progress made in clean-up!
I've studied the numbers in the proforma linked in the ibox and if those numbers are accurate then the share price will be at least $5 per share.
If the get it only partially there, then we can see $1.
I'm very disappointed at the current PPS here, as I started buying at .27 and haven't sold any at all, and I have quite a few.
The Mama's Direct Business model is pretty awesome, and if it only comes 10% true, it makes this a $1 stock. That's why I didn't sell anything.
I'll try and fix the ibox too so that it looks more reasonable.
I still fail to see how this action is 'protecting' investors. This action from the SEC screwed us more.
great update, thanks.
Yuck, the IBOX is a mess. I'll try fix it.
Its nice to see upticks here.
One thing is obvious over the last months. The guys @ NEEL must crappy records so Teresa must always clean up. That's what happened on the annuals too. I call this a learning curve for a small company,
Yes but I just kept getting invalid symbol errors on WAFR
etrade and scotttrade appear to be the only ones able to trade. Schwab/TD/fidelity don't work for me.
Wish I could explain where the shares are coming from. As far as I can ascertain, there's no one whos been paid in shares, and the guys running the company don't need any money for anything, since _I think_ they're self-funding a lot of it from past business ventures.
soon! To the Moon!
Anyway, I'm hoping that something material will happen in the next week or two that will start the fun.
considering very few people can even trade it, I'd give it until tuesday.
bad day for a symbol change to happen. no one will notice.
YIELD will go away as soon as the quarterlies are filed. a picture on otcmarkets does not define a company. :)
Schwab shows us as this currently
1024416 ACTION PRODU...
I have some .24 shares too. not too happy about it, but confident it will come back.
Seems to me from what I've read that Jim Wheeler is building a brand new, massive company from the bottom up. It might take a while, and there might be a few people who dump along the way, but *I* think that we'll see a $1 here this year once Mama's takes off and shows a quarterly profit statement.
.037 was the close the previous day
.03 was the ask on the current day
you hit the ask at .03, thus moving the last transaction price down to .03
and it closed down for the day
Wow - WAFR! up and up and away.
News
YORBA LINDA, CA--(Marketwire -05/24/12)- Papa Bello Enterprises (PAPA.PK) issues letter of intent to acquire ForgetAboutIt! Foods based in Brooklyn, NY.
Papa Bello and ForgetAboutIt! agree that giving the public a quality food product that they can trust and rely on is paramount to business success.
Brooklyn Executive Chef Vincent Tropepe, dubbed "the American Gordon Ramsay" by Edible Magazine and founder of ForgetAboutIt! Foods, has done what no chef before him has accomplished -- sweeping all three titles in each nominated category designated annually by the United States Culinary Congress (USCC), including Best French Bistro Northeast Territory, Humanitarian of the Year and Chef of the Year 2011 for a second consecutive year, a first in USCC history.
A highly accomplished executive chef; Chef Tropepe brings extensive experience in culinary and pastry design, recipe development, and restaurant management. He has a New York State Gold Medal in culinary and pastry arts and holds seven industry certifications and is certified in 12 cuisines, including Italian, French, German, Welsh, Chinese, Japanese, Thai, Floridian, Californian, Spanish, Philippine and Lebanese. Ranked the #103 chef in the United States, he was recently inducted into the Les Amis d'Escoffier Culinary Society.
Chef Tropepe's, known for quality products used in recipes, has each of them crafted in personally selected facilities manufacturing each individual product. By bringing this product line into Mama's Direct, and by having unique versatility in the Chef's flavoring selections, even the less experienced home cook now is enabled to create a variety of favorable dishes.
Jim Wheeler, CEO of Papa Bello Enterprise, states, "ForgetAboutIt! Foods fits nicely into the Papa Bello story and having Vincent on board to bring his line of food products into Mama's Direct will be unbelievable. Our first two announcements, Italian and BBQ show just how great of coverage with the American appetite that Mama's Direct will have."
About Papa Bello Enterprises:
Founded in 2005, and based in Yorba Linda, CA, Papa Bello Enterprises (PAPA.PK) owns and operates a diversified group of companies as majority owned subsidiaries. In addition, Papa provides expansion tools and operational support services to growth-stage businesses. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. Additional information may be found at www.pbe.us.com
Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Contact:
Jim Wheeler of Papa Bello Enterprises
22600 Savi Ranch Parkway
Yorba Linda, Calif. 92887
(888) 641-2626
I'm pretty happy with what the base looks like here. Next stop mid teens
no, to save space, whoever did the figures left them 4 figures and then noted (numbers in thousands).
Accountants do it all the time in 10k's and stuff
Net Income
(numbers in ,000)
1,000
really means
one thousand thousand
1,000,000
so, to every number that core wafer has, add ,000 to the end and its in the millions and hundreds of thousands.
the difference is the ,000 that you have to add because "the numbers are in the thousands"
Speaking of APII Toys (NASA Astronaut)
http://www.amazon.com/Action-Products-Mini-Apollo-Astronaut/dp/B00000IUAD/ref=sr_1_1?s=toys-and-games&ie=UTF8&qid=1337570449&sr=1-1
Nope, omission it appears between versions. I don't remember putting that in the ibox, but not sure who else has been in there.
I see where you got this, my apologizes for the erase comment.
IBOX is fixed with the correct numbers, my apologies.
also, if Roger issued that as part of CWS, seems to me that they should make good to give you guys whatever % of shares owed you as part of the merger.
If this 16,000 shares worked out to 1% of the company, then they should really give you 1% of the shares they got.
That is, if they were vested, required continued employment, etc.
Hi Maria,
Thanks for posting out the inaccuracy on the board. I'll endeavor to fix it.
For those too lazy to go to amazon.com
http://www.amazon.com/s/ref=bl_sr_toys-and-games?_encoding=UTF8&node=165793011&field-brandtextbin=Action%20Products
Yep, left over Action Products toys.
Hey Stanner,
Been here 3-4 years, and just now noticing some of your posts. Curious what information you base any of your statements on. No 'imho' nothing like that. Appears to be direct statements based on fact.
Can you site your source, or are your posts really IMHO ?
An education is in order on Amazon I guess.
First, the "By Action Products" indicates the original manufacturing/owning company. That appears to have been the original Action Products.
Now, the person who is selling it is NOT Action Products.
It appears to me that someone who originally bought some product four years ago is having trouble selling them.
Appears to me that you uncovered the reason that the toy company isn't around anymore.... Cuz no one wanted the merchandise.
I'm familiar with that, and those top numbers were in tens or hundreds of thousands if I remember right... I'll see if I can find the source.
*IF* their projections hold true and they show audited financials, then 1 year from now.
Somewhere in the ihub list, are their projections and they are absolutely crazy awesome.
Filings! WEEEEE!!!
Quick glance shows that we should have an easy 5x upside here