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I am with you there a 100%. Have a feeling they are waiting for the 10-Q and this news is just the warm up!
LVVV
Great news and the price goes down! Go figure. Back to green before day's end!
LVVV
LiveWire Ergogenics, Inc. Expands Distribution of LiveWire Energy Chews Into Connecticut and Boston Regions With the Addition of 600 Retail Locations
YORBA LINDA, CA--(Marketwired - May 13, 2014) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) has expanded the retail markets for its LiveWire Energy™ chews on the East Coast with wholesaler and distributor Happytel, LLC of Bridgeport, CT.
Owned and operated by Rajiv Sethi, Happytel is a multi-line distributor servicing 2,000 locations throughout Connecticut and Boston. Happytel Distributing provides bi-weekly or monthly direct service to tobacco outlets, liquor stores and convenience stores throughout the region.
Happytel Distributing maintains a high degree of control over retail counter space and as a result has significant influence in product placement with the stores they service.
Jeff Dole, industry veteran and newly appointed Business Development Manager, endorses the new distribution relationship. In addition, Dole is targeting other like distributors throughout the country. Dole is also encouraged that internet sales have increased as a result of continued focus on Search Engine Optimization -- the first of a planned program of increased web and social presence in support of retail distribution. Said Dole, "We're excited that LiveWire is continuing to execute its marketing plan by increasing distributor, retailer and direct-to-consumer programs."
Bill Hodson, CEO of LiveWire Ergogenics, added, "The addition of Happytel strengthens our position in the Northeast where we have the highest concentration of retail accounts offering LiveWire Energy chews. We have several strong distributors in the region, and placing LiveWire on every possible retail counter servicing our target market is the goal."
And your point is?
Go SMKY
"Looks standard here" Eddy trying to make a go of his business and it appears he has been given another chance. That's right, a $30,000,000 chance to score BIG!
"Under the first agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $30,000,000 in senior secured debt. The Company must meet various terms and conditions, which it believes are reasonable and attainable in due course of business of this type. "In tapping fully this facility of acquisition financing during 2014, with its unique program structure, our intent is to acquire up to $75M in strategic food sector revenue that also creates expanded channels of distribution -- and on an international scale -- for our smoked foods," Mr. Feintech said.
The second agreement is a $30,000,000 firm commitment to underwrite a public equity offering on a major exchange (AMEX or NASDAQ) represented by the investment banking firm. The planned public offering is subject to the Company's successful auditing and acquisition of its current target companies, and would pay off the Company's acquisition debt. Said Mr. Feintech, "We are very pleased to establish this relationship with such a prestigious New York Stock Exchange member firm, which confirms and validates our business plan. We expect the assistance of this well-established investment bank to accelerate our growth strategy through acquisitions and with their assistance, move us up to trade on the NASDAQ or AMEX. We are launching an aggressive search for strategic acquisitions, with our internal due diligence already focused on acquiring our Iowa processor and beginning on several other identified acquisition targets. We believe we can meet and satisfy the terms and conditions in both investment banking agreements, and execute upon our business model successfully."
Go SMKY!!!
I usually meet the most interesting people when I arrive late!
;)
If ADIA was trading at .10 to .15, I might agree with you.
I don't own 2.5 mil. I was saying I know of 3 persons who together own that amount. I own slightly shy of 1 million.
ADIA
I do know of three investors, including myself that own 2.5 million shares of ADIA!
Now, that is the most realistic post yet on this board, lol!
APRU
When did that ever stop you from trying! :)
APRU
I SUPPOSE THEY COULD HAVE CHOSEN YOU!
Totally agree, STLOGIC, a positive PR from the company regarding future plans, updated share structure, management team and proposed distribution of product will put ADIA share price in the .05 to .10 price range.
"what we need is an o/s cancellation for pps to shoot up and stabilize...imo" Whose shares do you want to cancel in the OS, yours? I am sure 99.9999% of the present shareholders do not want their shares eliminated. An RS is the best case scenario for APRU!
But only after everything has been finalized with the transition, outstanding debts paid, books brought up to date and Bob Corr and family behind bars!
I think I hit a nerve, lol! SMKY has all the potential to move back to double digits in the near future! A couple more updates and we should be there!
SMKY
Nice list but who are "THEY"?
LVVV
And ADIA is up 49.25% today. Love to see that kind of action with LVVV
Thanks Jesse, nice!
How big is the bid? Thanks
ADIA
Drugdoctor..one of your best posts. Investors do want to feel "in the loop" and up to date on company happenings, good or bad.
After all, it is investors money along with strong management that grows a successfull company!
LVVV
Romans, I totally understand what you are saying. We should be trading at least .15 to .20. APRU and Bob Corr was the first blow, and a big one at that. The second and most recent is the non response from the company about a million issues. So many questions unanswered. But I see the potential and I see the opportunity to add big time while we trade in this range. There are a lot of smart investors invested in LVVV because they too can see beyond the day to day stock fluctuations. A little advice, FWIW,Don't bet the house and never borrow to invest!
LVVV
Gained 4 boardmarks today! Smart money can see a bargain! Perhaps tomorrow will see a huge buying day as more and more investors see the potential gains from such a low entry point.
LVVV
Luckkydog! Haha, you call me a flipper because I sold half of my nearly a million shares for a profit. I am still sitting with 500k and when the share price goes back to .10 which I am sure it will, I will take some more shares off the table.
LVVV
Picked up 50k at .05, may grab another 50k tomorrow!
LVVV
If I was up $30,000 on $20,000, I would have taken my initial investment off the table. I don't see how blaming Nathan for not taking profits is his fault.
LVVV
Someone just sold 652 shares at .02 to bring the price down. That is $13.04 minus commission! LOL
ADIA
From your statement. I was under the impression you knew the answer!
Thanks anyway!
SMKY
Not exactly an answer to Bruce's question, is it?
SMKY
Would also love to know, "certain names are popping up associated with "affiliate consultants".
SMKY
Unlike you, I sold half of my shares from .11 to .135! I still see the value of the company and have been adding lately in the 6's! And as you propose, if it hits the 4's, there also!
LVVV
REPOST: Smoky Market Foods Releases Activity Timetable, Further Guidance on Operations
WEBSTER CITY, IA--(Marketwired - May 7, 2014) - Smoky Market Foods, Inc. (OTC Pink: SMKY) (PINKSHEETS: SMKY) released more information today on its timetable of specific administrative and operational activities currently being undertaken in its process to manicure its corporate profile. "My management and affiliate team is highly motivated and razor-focused. I've worked a long time to secure professional relationships that produce and we now have great talent and financial reach in play," said Eddie Feintech, CEO of the Smoky Market Foods enterprise.
The Company's day-to-day administrative activities are focused upon completing internal financial reports so that audits for years 2012 and 2013 can be initiated as required to bring its SEC filings current. The Company intends to engage its auditors in the next two weeks and then be in position for legal work to initiate a series of filings by end of June that will bring the Company current by July 15, 2014. Said Mr. Feintech, "SMKY is emerging like a colorful flower from the rubble of corporate learning-curve operations, but beneath is the stem of a large fruit tree." The Company intends to move itself up to the OTCQB or QX tier immediately upon making its last SEC filing to be current, at which time it will also be in position to tap is recently secured financing resource to begin making strategic food company acquisitions.
"It's important for investors and shareholders to grasp that we've been endeavoring for 18 months to work through our financial transitioning process quite literally without currency, as our remaining available capital stock has been held in reserve to cover shares issuable by conversion of outstanding convertible notes," Mr. Feintech said. In connection with the Company's bridge money financing and the commitment to such investors, its total payoff of certain outstanding convertible notes must be done before the last filing is made. The Company will continue to accept bridge money financing while defraying its administrative expenses and notes repayment, and its timely receipt of such funds during the coming weeks is a requirement to execute on its activities timetable. "I love the financial support we've been getting from new investors and existing shareholders. They see what is real and what is happening with their money, and they deserve the benefit," said Mr. Feintech.
The Company's operating overhead or burn-rate of bridge money is being kept to a minimum while its manicuring process is completed, which helps to mitigate investor risk and reduce dilution for this stage of critical money. Officers and senior management of the Company continue to provide financial support through greatly reduced paid compensations; its investment banking and operating affiliates are being compensated on the basis of performance, and its costs to launch into food production and distribution remain predominately variable as well. "I take this opportunity to clarify and dispel certain negative misinformation that has been generated in the past with respect to salary compensations supposedly paid to myself and other management, and our having sold substantial amounts of stock into the market," Mr. Feintech stated. "Clearly, any diligent review of the Company's cash flow statements that were contained within its financial filings through September 30, 2012 (our last filing date) along with a search of other filings, would have shown that i) there was less than $100,000 in total salaries paid by the Company since March 31, 2010, which has remained very near that amount to date, ii) that the increase in the Company's current debt for those periods was in large part the direct result of management's deferred compensation along with actual cash advances made by management that bootstrapped expenses, iii) that no amount of convertible debt was taken on directly to pay salary compensations, and iv) that from the absence of Form 4 filings there is no officer or director of the Company who has ever sold any stock," Mr. Feintech concluded.
The Company is also using bridge money to initiate production of product in early June to begin filling pipelines of distribution that include SYSCO-Iowa and the probable addition of larger SYSCO divisions in major cities around the Company's Iowa-based operations. Additionally, the Company will be adding regional specialty fish and meat distributors in markets it has targeted for brand support campaigning. "Our existing oven has a $1 million-plus monthly revenue capacity, which gets us nicely profitable and our intent is to book it quickly," Mr. Feintech stated. "We're tapping our affiliates' connections to sell this capacity and much more to restaurant chains and by container load to international market distributors," he said. The Company's Iowa processor has been gradually building additional processing and refrigeration capacity to meet its growing order demand, and is currently permitted by the USDA for export of value-added foods. "The stronger SMKY becomes in the coming months relative to maximized sales and income, the more favorable our financing terms will be in making our strategic food company acquisitions," said Mr. Feintech.
Picked up a few more shares today.
LVVV
Absence of bashers? LOL
Finally, someone picked that up! Has anyone heard the fat women sing?
LVVV
I go away for a few days and come back to this shocking discovery! What happened to .25 to $1.00? Where are the pumpers when the stock slides? Most disappointing of all is my order at .063 did not fill. Didn't all you sellers see my bid? Com'on, give a lowballer a break! OK, tomorrow, what should I bid? By the way, what happened to the question and answer scenario? All questions, no answers? Bill, it's a wasteland out here, desolation and choking desperation in the investor ranks. An update is long overdue!! A bone, BILL, just a bone!
"Personally I doubt that Bob Corr is this monster that every one is trying to make him out to be."
Sorry, wrong again. Bob Corr should be behind bars!
Hi Nathan, I appreciate the time and effort you put into your investments but many of us do not and will not ever belong to Facebook and are unable to see your posts there!
LVVV
I see only one reason that Bill wanted to take over APRU and RSHN and that is the approximately 4000 to 5000 shareholders on record. There are a lot more clean shells out there with less attached baggage but with a smaller shareholder base!
"The failure of APRU and RSHN was lack of affordable manufacturing. Nothing more to say. :)" Sorry, that is not correct. The failure of RSHN and APRU can be attributed 99.9% to the greed and avarice of Bob, Sharon and Brandon Corr and Alex Coronado.
Correct!
"they own the ewater(sp) trade mark" Are we talking RSHN, APRU or LVVV?