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I'm pretty sure the Superbowl was just this past February.
Nah, I'll keep bringing it up as long as it's relevant, and the CEO's associations both past and present are relevant. Especially when the criminal in question gets a special invite from BBDA to the Superbowl. :)
Brian Weber and Jared Hochstedler go way back.
Enzyme Environmental Solutions Announces Midwest Distributor
Enzyme Environmental Solutions Announces Midwest Distributor Agreement
FORT WAYNE, IN -- (MARKET WIRE) -- 05/16/08 -- Enzyme Environmental Solutions Inc (PINKSHEETS: EESO) CEO Jared Hochstedler announced today that the company (in keeping with its contacts in the Convenience store industry) has finalized the agreement to be a distributor for all of the Midwest for Potencia Energy Drink.
Potencia Energy Drink is an up and coming rapidly growing supplier of the only energy drink directly targeting the Hispanic market. Potencia has distribution agreements and supplies all of the major retail chains in Mexico. The Hispanic energy drink market is exploding in the United States as well as in Mexico.
Brian Weber, Co-Owner Potencia Energy Drink, holds a Bachelor of Science and is a former NASCAR race car driver and team owner. www.potenciaenergydrink.com
Weber stated, "We have created a very nice synergistic alliance with EESO. They have a great footprint in the Midwest Convenience Stores and we have a very strong footprint with the major retail chains in Mexico. As Jared and I discussed how we can assist each other, opening our distribution networks and sharing warehousing with each other allows for a very efficient way to open new markets for both companies."
"Brian Weber and I were in Mexico recently and as a result I am looking forward to releasing further contract information in the coming days. As mentioned earlier our fully automated bottling machine has been delivered and we expect it to be operational no later than weeks end. I hope these recent events will demonstrate my desire to build shareholder value. I trust all shareholders will be pleased with our results," stated Hochstedler.
Hochstedler further stated, "I understand that there is some misunderstanding why I am pursuing the C-Store Beverage business. For those that do not understand, obtaining shelf space in the retail market is the key to success. Once you have an in to the shelf space it becomes a matter of placing items that will sell the best. The C-Store industry, with the help of Bill and Owen, is becoming a huge opening for EESO product placement and in my view it does not matter whether it is enzyme based or otherwise. I said from the beginning I am focused on sales."
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Contact: Enzyme Environmental Solutions, INC Jared Hochstedler President/CEO www.enzymeenvironmentalsolutions.com www.potenciaenergydrink.com
Brian Kistler (260) 450-8823
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZVpdOM.krVw
Thanks for again pointing out that the CEO of BBDA likes to associate himself with criminals.
I don't need you to fix anything I say. I stand by my statement and GUARANTY that the financier has all kinds of protections around whatever money they actually provide. If the CEO wants to prove me wrong then he can make a copy of the financing agreement public.
You can't call a bluff when the company refuses to disclose the details of the financing agreement. It's not my responsibilty to show you anything, it's the CEO's.
Nobody gave them 4 million. Somebody (probably Jared Hochstedler) is financing UP TO 4 million. I guaranty the financier has all kind of protections, likely dilutive, around whatever money they actually provide.
He's not smart enough to play head games with anybody. He can't even put a powerpoint presentation together.
Well, the volume of sales obviously isn't crashing their website any time soon. 2 user reviews most likely posted by IHUB users and that's it so far.
No, he didn't sneak anything in. You simply ignored all of the steps between those two items.
That's funny because he already made that threat. Nothing came of it of course.
HAHAHAHA!!!!!!!! Thanks, I needed a good belly laugh. Funniest post of the month! Awesome.
Concur.
Obviously it's not going to have any bearing on those of you who are riding it out until a final FDA decision is rendered, but to the average investor not having access to up-to-date share structure, especially for a non-SEC reporting company, is not ideal.
BIEL has always diluted to stay afloat, that's no secret, but at least you could call the TA on any given day to find out how much and how quickly the OS is rising. I'm not telling anybody to sell because of it, I'm just stating that it's one less weapon investors have in their arsenal. Now people will have to wait until the quarterly financials to find out if the AS or OS have increased, and even that information will be 45-60 days out of date.
Yikes, that's one thing I always felt BIEL did right and that was never gagging the TA. If that information is no longer obtainable then investors are flying even more blind than usual.
Nah, I'll stick around to watch the fallout when this thing falls back to no bid where it belongs. Thanks for the suggestion though.
Nasdaq will never happen, ever. At least while current management is in place.
Buyback? No way. They've still got to raise money to go racing. You do that by issuing shares, not buying them back.
I will voice my opinion on these boards as I see fit as you have in the past. I'm not going to change my opinion of this company or its management because it's made a run the last week. That's for people like yourself. The negativity isn't going to affect the stock price, reality and the fact that this is a share selling scam will do that all on its own.
Sure, if you say so. Add that to his history of working with convicted penny stock scammers like Carnes and Hodstedler and you can get a pretty good idea of what type of CEO you're dealing with here.
Yes, the "weak hands" are typically the ones who make money on these runs. The others become bagholders.
He said the same thing before the last reverse split.
Volume drying up. Momentum gone. This thing needs a fake PR immediately or a plummet in PPS is inevitable.
Wrong, per the CEO's own words there are 2.4 billion outstanding.
http://www.tmcnet.com/usubmit/2012/06/19/6379084.htm
Yes, waiting until after the upcoming reverse split would be wise. Good point.
Not likely. The flippers are the only reason it ran to begin with. Once they leave then volume will die and this will settle back down below $.0005 where it belongs on its way to no bid.
Thanks, I hadn't seen that yet. Hopefully an official decision will be rendered soon so BIEL can start moving forward.
So what type of fluffy PR will we get today? A new distributor that's been around for less than 6 months and just happens to be owned by a BBDA investor? Shipments to Zimbabwe? A generically worded PR about huge upcoming deals that will never materialize? Take your pick.
I take it there was no update released after the FDA meeting? I'm sure this has been discussed but I've been gone for a while.
There will probably be one more mini-run and then the interest and volume will dry up and the PPS will begin it's march back to no-bid. BW will release 2 or 3 PRs a day to extend this run as long as he can so he can sell more shares (if you believe they are done selling shares then I've got some land to sell you). However, in the end reality will set in and this will drop back into the cellar where it belongs.
The known float is what the CEO told you it was, 2.4 billion. For the last 3 years the OS has equalled the float. There is no rational reason to believe it's any different today.
Could be Jared getting back into the game?
There will never be an audit conducted while current management is in place because opening their books would reveal the fraud that is occurring with regards to their supposed revenue.
Another day, another attempt to claim this is a legitimate company. End of dilution? Yeah, right. AS will exceed 3 billion within a couple of months and will probably be near 5 billion by the end of the year. The only way the CEO can fund his racing hobby is by continually selling shares into the market since there is no demand for this company's products. Good luck to anybody that actually thinks they're going to make money on this stock long-term.
Good to hear that they're making progess on the FDA front. Regardless of the outcome, it will be a positive result for BIEL. Either:
A) They'll achieve their goal and get it approved and reclassed
or
B) They'll have a final decision and can get out of this current holding pattern and work towards a PMA filing.
Either way it gets them moving in the right direction as opposed to stagnating.
I guess the check was in the mail...
Be careful about the charts? Ahh...you mean ignore the facts and focus on the fluff. Right...got ya.
The fact of the matter is that this company is in shambles. They have no revenue. Their balance sheet is such a mess that there is no way they will be able to secure any type of non-dilutive financing. They are in default on several of their previous loan agreements, which could be accelerated at any time. That means they have two options to continue to pay their inflated salaries:
1) Sell shares directly into the market.
2) Enter into highly dilutive (death spiral) financing agreements.
Both of these options are bad for investors. There will be opportunities to make money on this stock with well-timed flips here and there, but buying and holding is a poor strategy, IMO.
Possibly, but LogicMark claims to have their own patent protecting their products as well. My point is simply that there are products on the market with substantially the same functionality as the Medipendant.