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There are so few shares outstanding that I don't feel the dilution will be that significant vs the benefits that will result from the funding. Neg earnings divided by 13M shares is worse than rev and earnings divided by some greater share number, say, 23M.
KA
Wow. This is getting hit pretty hard. My patience is wearing thin with them. I think they missed a golden opportunity to do a PP a while back to raise some funds so they could really make a go of it. I am not generally in favor of PP's but the OS is pretty low hear and 10M in cash would have made it very possible for them to launch in a big way.
KA
Hey all
Was finally able to get some information regarding the 12/31 revenue change. Apparently a distributor prepaid for product and PECB recognized as a sale, however, should have been shown as a prepaid asset. This was caught by the auditors which are or will be performing an audit. I can only surmise that if they are undergoing an audit they will be applying for some type of listing. In addition, the company will be trying to keep up on a more regular basis the disposition of revenues, etc and while I feel the original projection is incredibly aggressive they believe it can still be achieved when the whole year shakes out.
Problem is all the riff-raff comes over also. Hopefully, people will migrate naturally. Looking forward to seeing some numbers from PS. I think we'll see the beginings of the Hawkeye effect in March and then the 2nd qtr should be pretty sigificant on a yr over yr comparison. I have continued to slowly accumulate, almost daily. Hoping the price stays down here until I finish.
KA
nlightn
yes I did take that into consideration. So far, there is no reference point to suggest that rev's will ramp up that quickly. 30M is a huge number, especially based on the fact that reading between the lines of the pr's the 1st qtr rev's will still be negligible. Now if they come out and say they shipped 1M in March then we have something to extrapolate. The other thing I don't have a feel for is what % the distribution channels they are targeting is to the overall market. My gut feel is the big pet retailers + the walmarts/kmarts and large grocery chains account for a significant % of the market. Please don't take this as disagreeing with PECB's strategy, just questioning the ability to attain 30M in '06. I've got a boatload of which the guidance was one factor in accumulating. As a matter of fact I added another 20K Friday. At some point this year we need to start to seeing that we are indeed making inroads with sales and not just talking about distribution. Obviously we need to walk before we can run. At this point we're taking a few steps.
KA
Star,
While I have a lot of shares and will hold LT but the thing I have a problem with is their guidence for 2006 released in January. "The Company projects recognizing $ 30,265,318 in gross revenues during 2006." There is no way they do a fraction of that in 06. I'd be surprised if they can do $5M much less 30M. 25% of the year is down and I am guessing the 1st qtr will show similar #'s to the 4th. That means they have to do 10M a qtr the rest of the way. Not going to happen. I think they should update that guidence with some realistic numbers. Another point I need clarification from the company is the 2nd qtr #'s showed YTD revenues at over 238K and the year end only shows 60k for the year. How is that possible? While LT seems to be positive, these types of questions raise some concerns with me. I'll be trying to call the company this week.
KA
From the Pet Ecology website...
"If not detected early, these infections can quickly become severe and even cause death. Pet Ecology's Sickness Indicating Cat Litter is the ONLY known non-prescription cat litter in the market that warns cat owners that their cat may be sick thereby permitting the earliest diagnosis and treatment."
mugur,
I just went to the purina website and did not find any litter product with any mention of detecting urinary infections.
KA
Looks like they coaxed somebody into giving them shares for .39. .39/.43 bigger spread than normal.
KA
Pacific Sands Prepares Launch of Nontoxic, Earth, Health and Pet-Friendly, EcoOne(TM) Pet Care Line
Wednesday March 8, 9:19 am ET
RACINE, Wis.--(BUSINESS WIRE)--March 8, 2006--Pacific Sands, Inc. (OTCBB:PFSD - News) reported today that the company is in active negotiations with potential marketing / branding partners in the pet care industry.
"The initial plan was to mimic our three year strategy that we are executing to saturate the pool and spa care marketplace," said Michael Michie, Pacific Sands VP of Marketing and Sales. "Create a user demand for the products through consumer-direct marketing, leverage that demand into a dealer network and then leverage the dealer network into wide distribution via major outlets and co-branding deals."
The company has had a great deal of success with their demand side marketing strategy. In just over a year and a half, management has grown the EcoOne pool and spa treatment line from a small, boutique product sold regionally and over the Internet to a widely-recognized and accepted brand with well over 100 dealer outlets, 16 major distribution centers and two leading manufacturers co-branding the product.
Mr. Michie added, "Partnering with a company that already has brand recognition and shelf space at major outlets will dramatically accelerate the sales process."
Management is currently in discussions with a number of companies who already have strong market positions with non-competing pet care products such as kitty litter, pet toys and specialty foods.
Pacific Sands will provide an array of EcoOne-based nontoxic pet care, cleaning and environment products for animals ranging from hamsters to dogs to koi fish. Development of the products is complete.
According to a recent market study, There are 377.8 million pets in the United States vs. 290 million people. 62% of households in the United States own a pet. In 2004, Americans spent $34.5 billion on pet care, grooming and other luxuries.
For product inquiry and private label opportunities contact: Michael Michie - 877-492-8123
Pacific Sands, Inc. is a fully reporting NASDAQ OTCBB company that develops, manufactures and markets environmentally safe, nontoxic cleaning and water treatment solutions.
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
Contact:
Pacific Sands, Inc.
JT Ploch (Investor Relations), 608-577-6482
www.pacificsandsinc.com
+150% of highest ever volume. Look for this to make a run up toward close.
Hit .28, all-time record volume coming.
Closing in on the 52 wk high of .28. HOD is .275. Check out the interview at from 3-6-06.
http://www.smallcapvoice.com/pfsd/pfsd-3-6-06.html
KA
I especially like the last line.
"Our international expansion is occurring at a much more rapid pace than originally anticipated which should result in substantially accelerated gross and net income in 2006 for the Company."
Now that it broke the support of .41/.42 I think the next support level is about .33. Unless some kind of news propels this I would expect it to hit the .33 level. Looks like very strong support there. If it breaks that, we have a problem Houston. Nonetheless, very disappointing. Looks like nobody buying the .07 for 2006 at this point.
IMO
KA
With all that is going on here I didn't think we would see the 40's again but it is starting to look like that. With today's action I wouldn't be surprised to see this touch as low as .41. Hope the 50's hold. Sure would like to see their PR due on the "10th" of each month.
KA
Pet Ecology Brands Inc. Announces Agreements With Three Additional Distributors Expanding Sales in 30 States and Western Canada
Wednesday February 15, 9:00 am ET
Distributor Agreements Increase the Company's Market Access to Thousands of Additional Veterinarians, Breeders and Specialty Pet Retailers
DALLAS, TX--(MARKET WIRE)--Feb 15, 2006 -- Pet Ecology Brands Inc. (Other OTC:PECB.PK - News) -- www.petecology.com -- announced today it has executed agreements with three additional regional specialty pet supply distributors, providing Pet Ecology access to thousands of veterinarians, breeders and specialty retailers for its Scientific Professional(TM) Cat Litter and K-9 Fat Free Dog Treats(TM). With the execution of these agreements, Pet Ecology Inc. now has agreements with eleven (11) major distributors both nationally and internationally and has now exposed its products to a total of over 20,000 pet professionals.
New distributors include Middle West Distributors, Columbus Serum Company and Paws-itively Purr-fect Nutrition. Initial orders have been placed by each of these distributors, and they are currently providing the Pet Ecology products to their customers.
Middle West Distributors, a leader of pet supplies throughout the Greater Chicago and surrounding areas, was established over 30 years ago and emphasizes their service to their customers. More information on Middle West Distributors can be found on their website, www.middlewestpet.com.
Columbus Serum Company, based originally in Columbus, Ohio, now provides quality products and services through five distribution centers, covering 26 states. The Columbus Serum Company stated products such as the Scientific Professional Cat Litter is in full accord with the service level they hope to provide their customers with the capability of early detection of potential feline illness. More information on this company, which was founded in 1922, can be found at www.columbusserum.com.
Ms. Ellen Norris of Paws-itively Purr-fect Nutrition contacted Pet Ecology after having purchased Scientific Professional Cat Litter for her personal use from a local pet retailer. In her testimonial to the Company, Ms. Norris stated that Pet Ecology's Scientific Professional Cat Litter had provided not only an early warning of a potential health issue, but helped her determine which of her cats was experiencing a problem. A veterinarian examination confirmed an elevated pH and determined that crystals had formed in the cat's urinary tract system. The problem was discovered early, with little or no blood in the urine and before infection set in. Ms. Norris was able to treat her cat with cranberry juice and utilize Scientific Professional to help monitor her pet's pH. "Without your cat litter I never would have been able to pinpoint who was having a problem. Great product!!" Paws-itively Purr-fect Nutrition is a wholesale distributor representing natural, herbal and holistic pet food and supplements, servicing pet retailers and breeders in Massachusetts and parts of Connecticut.
In order to service the increasing distribution network in the United States and Canada, for Scientific Professional Cat Litter and K-9 Fat Free Dog Treats, and the additional new products that will be introduced in 2006, the Company has signed a new sales representative to work specifically with distributors, brokers, veterinarians and breeders in North and South Carolina. The company has hired Wendi Wilson who comes with a strong background in retail distribution, with substantial experience in consumer products. Ms. Wilson will be responsible for servicing the vets, specialty pet retailers and breeders located in North and Carolina for Pet Ecology. The addition of Ms. Wilson brings the number of Company field representative to four, covering the major areas of pet professional concentration in the United States that carry the Company's products. The Company expects to hire an additional two field representatives prior to the end of the month.
Jane Lorenzen, COO of Pet Ecology Inc., stated: "The addition of quality, service-oriented distributors will continue throughout the implementation of our marketing plan in 2006. Our focus remains on increasing the distribution of our three product lines, and our four additional product lines that will be introduced throughout the remainder of the year, through pet specialty stores who, through their knowledge, expertise and personal service, can continue the introduction of these unique products to consumers, while building brand awareness. With personal testimonials from distributors, store owners, employees, and consumers alike, our unique products are continuously met with interest and excitement, as we gain industry recognition The combination of retailer support provided by our field representative and our in-house customer care representatives, along with our recently announced $3 million media campaign, has led to the unprecedented rollout of our products on a national basis, and to discussions, which we hope to conclude within the next few weeks, with major international distributors servicing Asia and Europe. We are confident we will achieve our product introduction goals and revenue projections for 2006, and believe that we are building a major brand in the pet industry in months, which has taken many of our competitors years to achieve."
Yea, If I had to make a prediction I would say we'll see something tomorrow. I liked the way the price firmed up at the end of the day. I think the MM's were accumulating shares in anticipation of something coming out. How hi will she go?
KA
Stockz, agreed as I added more today at .57 and .58. I wouldn't be surprised to se a PR this week. I think Jane is too good to ignore her PR from a month ago regarding the update(s). My guess is tomorrow or Thur as a Friday release wouldn't make much sense.
Continues to retrace. Hit 59. Nibbled at 20K yesterday and will continue to add in the 50's. Like to see the monthly update they promised.
KA
Very surprising drop today. I expected some consolidation but not this much in one day. I have a lot of shares but may think about adding some down hear, especially if it hits the 50's.
KA