Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thanks for the L2 ATTD screen shot. My L2 is down today. I would much appreciate you posting more of those today.
GL
It was a smart move
There was over 400 Million on the ASK at the beginning of the day. The trading went well and the big ASK was chomped.
But...dilution dumps came through bringing it down again (trade count con't going up).....the 4's grew for those to flip...never got there.
The crossing of the 1 billion trade yesterday was ironically a 15 million dump at the bid
Dilution just as you experienced here late spring 2012 when you bailed.
That is great news. Any chance you could get a picture of that.
He never shows up at beginning of the day. Been watching this for over 1 year.
RAFF, BMAK and LAFC are in there but don't seem to trounce as hard.
VFIN's presence....big dilution
Good. Hope he (VFIN) doesn't show up. He has destroyed many good potential runs here.
Is VFIN on the 4's?
What MM's are on 4's right now?
P3 has been available on Amazon over 1 year now.
They ran out of shares to cover their convertible debt....email Roy...that is what he will tell you. He won't hide it.
The MM's will be on the ASK 3's once the 2's chomped on as you see.
I actually am gonna try for some .0001's
I actually wish is was closer to the 5 billion mark as it would be easier for this stock to run in the next 20 days.
That may be the key here.....temporary run out of shares to dilute before the 20 increase of A/S.
I don't like the strategy of a PR before open of an ass/w 33 billion company....then to follow at close with an increase in A/S.
Maybe today will have more PR's to bestow confidence.
Stop kidding yourself everyone. I love this stock......but the reality is that there is no limit on that 20 billiion shares.
The only limit stated in the plan is the incentive to increase employees and such over time with stock options at a max of 500 million per year. But the reason the 20 billion is ask for is to continue paying off debt. For those that have been here.....have seen the dilution is at a rapid rate.
I want this stock to fly....but watch that share count closely. Southridge will pump this thing to sell their shares.
I love the drink....drink it daily and my wife too......but there will be victims financially here....
Read the below closely......
The purpose of the Plan is to secure and retain the services of employees, officers, directors and consultants of the Company and its affiliates and to provide a means by which such eligible individuals may be given an opportunity to benefit from increases in the value of the Company’s common stock through the granting of stock awards, thereby aligning the long-term compensation and interests of those individuals with the Company’s stockholders.
The Plan provides for the granting of incentive stock options, non-statutory stock options, restricted stock awards, stock appreciation rights, and other forms of equity compensation. The Plan also provides for the granting of performance stock awards so that the Board (or a committee to which authority has been delegated) may use performance criteria in establishing specific targets to be attained as a condition to the grant or vesting of one or more awards under the Plan.
The Plan provides for the grant of stock awards to employees, directors and consultants of the Company and its affiliates covering an aggregate of 500,000,000 shares of the its common stock, subject to adjustments in the event of certain changes to the Company’s capitalization. The number of shares of common stock available for issuance under the Plan shall automatically increase on February 1st of each year for a period of 9 years commencing on January 1, 2014 in an amount equal to the lesser of 5% of the total number of shares of common stock outstanding on December 31st of the preceding calendar year, or 15,000,000 shares.
Welcome back WorldCruiser. You have been missed here on the ATTD board.
That keeps buzzing but I don't read it that way. Roy can grant stock options and such for employees and other insiders up to 500 million shares of common stock per year.
But the dilution problem is from convertible notes. there is no limit on that....except I guess 20 billion
I'm not seeing it that way. I hope ur right...good night
As I've said.....I will smile if it runs....
But have been stomped-on many times here....I haven't given up though.
Yes.....but that is the common stock for only the......
"employees, directors and consultants of the Company ".
That doesn't say anything about using shares for convertible notes and production runs.
That is good news....been following all these PRs for over a year.
Heck...november with the Kroger announcement...same thing happened as today. Big volume only to lose support of .0005 a few days later.
I hope that isn't the case here.
Not familiar with the SS of that one.....
but my take is even if the O/S goes to say 15 billion....all he has to do is turn off the dilution. Then the stock will run.
Dilution destroyed the run today. The 400 mill on the ask at the opening was eatin up in no time with ASK slap....then at 11:30....dilution dumps came through to weaken the buying pressure.
Hey...I would love to see this run.
The O/S reported in the filing today was 4,024,286,568
Yesterday I checked it and it was....
Authorized: 5,000,000,000
Issued and Outstanding: 3,810,921,568
Restricted: 32,782,816
There are more notes to convert....he will dilute more.
What I gather from that is that the "Plan" allows for 500 million common stock issued to employees and such to increase their value and stake % in the company. Roy told me in an email that he would do something like this to benefit those around him.
Yes.....so that is only 500 million to the O/S per year.....BUT that only pertains to "the plan". This thing could dilute another 2 billion shares in a few months.
As I've said before....I'm all about the product here (just drank one) and sticking around for another entry point.....but the filing isn't making me feel all great about things here right now.
I'm hoping Roy holds his word to his 4th quarter predictions.
We were baited and tackled
20 billion A/S increase....
Puttin my money some where else for now.
I'm glad for the popularity today......will see what the O/S is in a few days.
Agreed
My wife and I drink it everyday. Taste great to us.
I know that. He will max out that A/S soon. Yes then he can't dilute. But he ain't done with the convertible notes. So R/S or increase A/S.
Hey if he doesn't......and stops the dilution.....sounds good to me (just dont see that happnin)
I agree but history has that ass/w a huge dilution dump.
3:30pm is always a frightful time here.
In some ways I'm glad. Sounds pathetic but with all the money in trades today, Covertible notes getting paid and out of the way. The A/S will be maxed out and something will have to happen to the share structure.
I ready for that to happen to bring my interest back into putting money in this stock.
Dilution. Didn't help that the day started out with already over 400 million shares on the ASK at 3. Once the 3's were eatin up with new investors......a little support at 4 grew. Just to have massive dumping of shares at 3 when it was on the bid.
If you bought at 3 today expecting to flip to 4......will be tough to do. Only a few here were able to do that.
There are three MM's on the ASK at 4. Soon they will hop back onto 3's. VFIN destroyed the last huge PR about the Kroger announcement.
I love the product.....but I'm holding off for an entry later.
that is far from being correct. There are 5,000,000,000 authorized shares. There is 3,800,000,000 outstanding shares.
Bid support is basically gone. ASK growing after the dump
LAFC and BMAK of ASK temporarily....3's thinning and will soon be at few 4's
broke the 4's...can't believe it.
Don't forget BMAK and LAFC on the ASK. Not sure how deep
Mlanes
http://en.wikipedia.org/wiki/McLane_Company
Jump to: navigation, search McLane Company
Type Subsidiary
Industry Supply Chain Solutions
Founded 1894 in Cameron, Texas
Headquarters Temple, Texas
Revenue $34 billion (2009)
Employees 15,000
Parent Berkshire Hathaway
Website www.mclaneco.com
McLane is a $34 billion supply chain services company, providing grocery and foodservice supply chain solutions for thousands of convenience stores, mass merchants, drug stores and military locations, as well as thousands of chain restaurants throughout the United States. McLane is a wholly owned subsidiary of Berkshire Hathaway Inc. and is its single largest non-insurance business.[1]
Founded in 1894 in Cameron, Texas, McLane Company has grown from a local merchant to an international distribution and logistics leader. The company is headquartered in Temple, Texas, and operates 40 grocery and foodservice distribution centers across the country
CustomersSome prominent retail chains that receive one or more product categories from McLane are Wal-Mart, Sam's Club, Walgreens, Circle K, Kangaroo Express, WaWa, 7-Eleven, ExxonMobil, Target Stores, Love's, and Murphy USA.
Among the national restaurant chains supplied by McLane Foodservice are the Yum! Brands family of concepts: Taco Bell, KFC, Pizza Hut, Long John Silvers, and A&W Restaurants.
3's really gettin chomped on