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Good to see a PR even tho its old news. It's GREAT to see Barwicki is gone.
Aw shucks we lost our moderator and we're at no bid! Well what a crappy day here. Glad I wasn't around to watch this happen. They'll either have to pump this up big time or R/S to pay off debentures now.
RISK RATINGS
GMI’s Risk Rating was developed by Audit Integrity, one of our predecessor firms, as the Accounting and Governance Risk (AGR) rating. The Risk Rating uses an entirely quantitative, statistical process to identify accounting items associated with fraudulent financial statements, as well as governance characteristics associated with firms prosecuted by the US SEC for accounting fraud. Key governance metrics are fully incorporated into the GMI Risk Rating, and GMI will continue to test our ESG and accounting metrics to enhance its effectiveness.
A company’s Risk Rating, on a 1-100 scale, indicates our assessment of the relative aggressiveness of its accounting practices, based on its financial statements and governance profile. We consider the accounting practices of companies in the lowest 5% of our rankings to be “Very Aggressive”; those in the 6-25% range to be “Aggressive"; those in the middle 26-75% range to be “Average”; those in the 76-95% range to be “Conservative”; and those in the top 5% to be "Very Conservative".
While not built to predict investment returns, GMI, academics and our clients have found a clear correlation between the Risk Rating and investment risks and returns. Low rated companies are more likely to have different types of negative events – not only regulatory actions, but shareholder litigation, material restatements and other related events – which have a clear impact on investment risks and returns. Poorly rated companies have lower returns and greater price volatility. The GMI Risk Rating is also a critical component of other GMI risk models, such as the Litigation Risk Model and the Financial Distress Risk Model.
http://www2.gmiratings.com/info.php?id=286
That is all I could find in the short amount of time I looked
Let us know if you find out more. If they are upgrading FEELs risk factor from a 1 to 2 couldn't that be taken as a bad thing? Higher risk and all..
Glad the folks on a motorcycle forum get more updates than shareholders of the company!
Well just sent Lee Miller a nice long message to his FB profile. Curious to see if I will get a response. I'm done attempting to talk to Barwicki because everytime I get extremely frustrated and wanna punch him in the teeth.
I'll let you folks know if I hear anything back from Miller.
Nice looking chart for a possible rally in the coming weeks. What's the current share structure here and you folks know if the TA is gagged or not? TIA
Would love to try and grab a half a million shares here in the AM.
I'm trying to clear up some time to make it to the PGA show. Maybe if we get enough investors there Lee Miller can finally address his shareholders! I'd also love to see the dumbfounded look on Nick's face....
Motorcycles at a PGA show bleh more likely to give all the old men heart attacks
So when does Feel PR the financials? This friday or sometime next week?
feelgolfstore.com posted on its webpage about its mention in Feel's 10Q
http://feelgolfstore.com/feel-golf-inc-features-feelgolfstore-com-in-quarterly-report-1/
I love penguins! Go Feel (just to keep it on topic)
I can also tell you that feelgolfstore location is going to be potentially moving in the near future to a much bigger facility. It will still be in Texas tho
Glenn Farkas runs feelgolfstore.com and endurance brands. I've had several conversations with him and there is nothing connected with Feel Golf and him other than his passion for their product. He is running his business and will be incorporating Feel products with his brands that are to be announced soon.
All good, but Proline was 79% of sales. Tough to swallow considering the debenture for them is killing this stock at the moment.
In late October we engaged Golf Marketing Services, a long time, nationally known marketing group to formulate and lead a marketing awareness campaign with the major focus on golf grips and our new 2012 product.
Like the fact they made reference to feelgolfstore.com, the PGA show, and the new teamfeel website. I haven't crunched the numbers but the approaching of 2 billion shares is blah. Also, i'm on the fence about the drastic decreases in advertising. Almost seems like they don't want people to know about their products.
Oh and the 788% increase in net loss!
10Q out
http://ih.advfn.com/p.php?pid=nmona&article=50112162
in case anyone missed it
From your post about the share structure from Oct 13th its an increase of 102,500,000 on both the I/O and float. Not great, but not as a bad as I expected.
Had a 05 Ducati 998 but that was a bit much for me. Plus, the dry-clutch in them annoy me to no end. I sold it and bought a seadoo instead. the water is a lot softer to hit if you go flying off
lol, 2002 Aprilia RSV Mille R
Stop laughing at me! I'm trying to find info here! haha
lol, it is Nick. I signed up for the forum and he's called Nick in a previous conversation. winning....kinda
I almost wanna say the poster on that forum is Nick Miller. Considering his picture on the forum is the exact same as Nick Miller's FB pic.
http://www.facebook.com/profile.php?id=1660211529&sk=photos
http://www.apriliaforum.com/forums/showthread.php?p=2982030
There's a mention of having to go to china and work on formulas for the new product as well.
Okay, a little info here about what feel's going to be doing at the PGA show. They are using a new metal composite that F1 Racing cars use. They are going to be "wrapping a bike in a custom racing theme" for the 2012 PGA international show. Also, word of 2 umbrella girls.
Click on the link and read the posts. There's a few, but the initial poster is a employee at feel.
http://www.apriliaforum.com/forums/showthread.php?t=240033
I'll continue to dig and see if I can come across anything else.
Yeah, well I hear that fella is a big jerk.
feelgolfstore.com just posted a bunch of pictures on FB of the new 2012 SG Wedges
http://www.facebook.com/pages/Feel-Golf-Store/294578397228080
There's 6 billion. What are you smoking and where can I get some?
Doesn't help the company refuses to PR new products or anything that is happening. Had the IR for this company tell me flat-out they dont PR products because it hasn't worked for them in the past.
They'll release the financials on the 15th, PR it a week later. MAYBE they'll release a PR in late December saying "we have engaged blah blah for blah blah blah" Then if you research that "blah blah" company, you'll notice that they seem to only be involved with other companies that Andrew Barwicki is involved with. Not saying this is a scam, but IR def has his own agenda when it comes to this stock.
I've got some money here and done a lot DD on this company. They may actually pull it out. This "it's gonna run" bs is getting old. 2 weeks ago we were at 80-90 mil @ 2. What's it at now? 150-160? Even if we move past the 2's ETMM is going to move to 3 with an additional 80-100 million shares. Just like last time. Financials due Tuesday. We'll see where we stand after that.
I own a vacation house in Orlando, FL. However, I don't think i'll be able to make it down that way. This time of the year gets extremely busy for me and usually carries into late feb/early march.
Getting rid of all their 2011 inventory for short money. Making room for 2012 products. They probably have the proper tooling down. The new driver they have developed is going to be what makes or breaks this company
hey buddy. feelwedges.com finally got its makeover
Haha, I'm done with you. I'll keep any DD on this company to myself from now on.
There was no trade show on November 2nd. They were offically announced as attendees of the PGA show ON November 2nd.
You're really pumping this without thought into what your saying. I would never take a single one of your posts as serious.
Just to follow up with a bit more information..
Through the Proxy Statement PRE14C. It stated that Long Side which I'm led to believe is the financing company for the purchase of ProLine had roughly 83 million shares. When the DEF14C was released it states their shares had increased to 96 million. Is the Proline debenture nearly complete, or are they issued a new set of shares every quarter? ProLine debt is around $350,000. They are NOT issued a set number of shares on a quarterly basis. The shares that are issued to them are done when loan repayment is due. If Feel has the cash, Feel would rather pay with cash, however, since the cash flow is not enough to pay Long Side, when payment is due Feel has been issuing shares, and will continue to do so.
Not to burst your bubble, but these MM's have plenty of shares. It's going to take a big push to get past these 2's and once we do ETMM will be sitting at 3 with another 80-150mil shares. This company is not generating enough cash to pay for their Proline acquisition. So they will continue flood us with shares to pay them off monthly.
Can you comment if the company is indeed diluting shares, or was the increase in A/S a preventive measure to a 'hostile' take over of ownership? Yes, the company is issuing shares for debt (mainly Long Side and Jim Light, seller of ProLine) because the company is NOT generating enough cash to pay Long Side and Jim Light with cash...the cash that the company is generating from business/operations is going back into the company.
Doing a little digging on the PGA show. Feel Golf's in booth #2300, after looking around setting up next to them at booth #2301 is a company called Golf Datatech LLC. Hopefully they can pick up some marketing tips from these fellas.
http://golfdatatech.com/site/
Those and the new driver they have been developing. That should be the showstopper and hopefully land them some fresh PGA endorsements.
Wow, lots of attention here. Don't know if this has been posted, but Feel Golf added to the PGA International Show as of today.
http://www.pgashow.com/Special-Events/Demo-Day/
Scroll down to the bottom under "Participating Companies as of 11/2/2011"
That is why Nick Miller is the webmaster for Feel Golf. Must have been an unscheduled interview, and he was the only one at the booth.