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The best thing that could happen next week when YGYI reports is Wallach announcing that he is stepping down as CEO.
And as for the CFO, Briskie may want to hand that job off to someone else who knows how to help a company turn a profit, and just concentrate on the coffee business.
At the current price of $4.25, that is about 21 cents when accounting for the reverse stock split.
It has been 7 years since Javalution merged with Youngevity.
And the company is basically still acting like a penny stock.
Is that a record to be proud of? Seven Years!
Is it any wonder they cannot attract investors?
Ok. What's next?
This is Youngevity we are talking about.
They need multiple catalysts to draw significant investor interest.
So far the reaction has been blah.
They bought advertising to publicize the coffee win and the company.
And another ad was placed on financial web site Benzinga.
I would assume they have placed other ads which I don't know about yet.
But they are trying to get the information out.
This morning's ad buy on CNBC...
https://tpc.googlesyndication.com/simgad/3247230052297900540
Market makers are raising the bid and ask prices above the last trade.
A hopeful sign of demand starting to increase.
But this is Youngevity we are talking about.
I won't bash Steve Wallach because this coffee plantation buy was brilliant.
But he is not dynamic.
He should step down as CEO. Stay on as Chairman of the Board.
Then they should try to hire someone like the former CEO of Herbalife.
The stock would probably triple. Wallach would benefit from this since he is the major shareholder and it would be an opportunity to finally monetize his holdings.
All if not most shareholders would be happy.
The end.
It is on the main page of CNBC.COM and I've been seeing it all morning long.
Top half of page and right center also.
They ran the ad for a least 2 hours or more.
It may have run it's course if you cannot see it.
But it was in your face.
The ad linked to Youngevity's investor page and the latest news including the coffee contract.
https://tpc.googlesyndication.com/simgad/2442953850366733344
Also purchased a massive ad on CNBC's web page in conjunction with this news.
So YGYI with a market cap of only 91 million, and now an order worth a quarter of a billion.
This should be an easy double.
But it then again this is Youngevity.
Hearing rumors that Select picked up a large amount of business from EOG Resources.
Not sure if it will be reflected in Q2 earnings.
But Q2 will be a quarter that should surpass most estimates.
Looking for the report around the 1st week of August.
Select Energy: Q2 Shaping Up To Be A Blowout
https://seekingalpha.com/article/4186846-select-energy-q2-shaping-blowout
Select Energy: A Misunderstood And Deeply Undervalued Energy Franchise With A Wide Moat
https://seekingalpha.com/article/4186846-select-energy-q2-shaping-blowout
Select Energy: Q2 Shaping Up To Be A Blowout
https://seekingalpha.com/article/4186846-select-energy-q2-shaping-blowout
Select Energy, WTTR: A Misunderstood And Deeply Undervalued Energy Franchise With A Wide Moat. WTTR
https://seekingalpha.com/instablog/364033-mr-bert/5183326-select-energy-misunderstood-deeply-undervalued-energy-franchise-wide-moat
You're funny
YouTube video with Madalena's largest shareholder.
Madalena Energy Inc Insider Maglan Capital Purchases 301,500 Shares of Stock...MDLNF
https://registrarjournal.com/2018/03/23/madalena-energy-inc-mvn-insider-maglan-capital-lp-purchases-301500-shares-of-stock.html
Madalena Energy Inc Insider Maglan Capital Purchases 301,500 Shares of Stock...MDLNF
https://registrarjournal.com/2018/03/23/madalena-energy-inc-mvn-insider-maglan-capital-lp-purchases-301500-shares-of-stock.html
Madalena Energy Inc Insider Maglan Capital Purchases 301,500 Shares of Stock
https://registrarjournal.com/2018/03/23/madalena-energy-inc-mvn-insider-maglan-capital-lp-purchases-301500-shares-of-stock.html
Forthcoming Catalysts for Madalena Energy whose biggest shareholder is Maglan Capital out of New York City. They own about 20% of Madalena shares.
.With respect to the next few months, they expect the following barrage of positive catalysts, which will help move Madalena’s stock-price higher, toward their USD 2/share target-price
· Q4 financial results with going-concern language dropped
· details on NEW conventional play (disclosed in recent CEO interview)
· renegotiated drilling commitments in Salta Province and in Rio Negro Province
· initial production results from CAS.x-14
· increased cost efficiencies to increase cash-flow (~USD 8mm annual FCF)
· increased conventional production through asset purchases; e.g. currently, bidding on YPF non-core assets...http://translate.google.com/translate?sl=auto&sl=es&tl=en&js=n&u=http://econojournal.com.ar/2018/02/ypf-define-la-venta-de-cuatro-yacimientos-de-petroleo-en-rio-negro
· stock listing and trading on the MERVAL (Argentina stock-exchange)
· JVs on other 100% WI, unconventional blocks (Curamhuele, Valle Morado)
· MSCI upgrade of Argentina from “Frontier Market” to “Emerging Market” status
· continued strength in price of oil
For you consideration check out Madalena energy, ticker MDLNF.
Forthcoming Catalysts for Madalena Energy whose biggest shareholder is Maglan Capital out of New York City. They own about 20% of Madalena shares.
.With respect to the next few months, they expect the following barrage of positive catalysts, which will help move Madalena’s stock-price higher, toward their USD 2/share target-price
· Q4 financial results with going-concern language dropped
· details on NEW conventional play (disclosed in recent CEO interview)
· renegotiated drilling commitments in Salta Province and in Rio Negro Province
· initial production results from CAS.x-14
· increased cost efficiencies to increase cash-flow (~USD 8mm annual FCF)
· increased conventional production through asset purchases; e.g. currently, bidding on YPF non-core assets...http://translate.google.com/translate?sl=auto&sl=es&tl=en&js=n&u=http://econojournal.com.ar/2018/02/ypf-define-la-venta-de-cuatro-yacimientos-de-petroleo-en-rio-negro
· stock listing and trading on the MERVAL (Argentina stock-exchange)
· JVs on other 100% WI, unconventional blocks (Curamhuele, Valle Morado)
· MSCI upgrade of Argentina from “Frontier Market” to “Emerging Market” status
· continued strength in price of oil
"Pump and dump" That's funny.
A pump on this thing hasn't worked in the last 7 years!
Even funnier..."100's of millions"
You're such a joker.
Odd that this news seems to be uninteresting to this board.
I guess we don't need to know about any financial terms to determine whether this is a good deal for both sides or not? If YGYI's failed management won't tell us I assume this will be a disaster, just like the stock performance. And the reverse split, and the uplisting. They all failed to create value.
Tupperware Brands Announces Sale Of Beauticontrol Assets To Youngevity International.
https://www.prnewswire.com/news-releases/tupperware-brands-announces-sale-of-beauticontrol-assets-to-youngevity-international-300571398.html
News provided by
Tupperware Brands Corporation
Dec 14, 2017, 09:15 ET
ORLANDO, Fla., Dec. 14, 2017 /PRNewswire/ -- Tupperware Brands Corporation (NYSE: TUP) and Youngevity International, Inc. (NASDAQ: YGYI) today announced they have reached an agreement whereby Tupperware Brands will sell Beauticontrol assets to Youngevity, a leading omni-direct lifestyle company. As part of the deal, Youngevity will integrate Beauticontrol's sales force into its company, marketing Beauticontrol branded products, as well as the other brands in Youngevity's extensive product portfolio. Youngevity will also market Beauticontrol branded products to its existing member base. Tupperware will earn a royalty based on future sales of the Beauticontrol sales force, and sales of the Beauticontrol product line by the existing Youngevity members.
"We couldn't be more pleased to reach this agreement with Youngevity. We feel Youngevity's 20 year history and impressive track record make them the ideal company to welcome Beauticontrol into its family of brands. The agreement will allow Beauticontrol's sales force to again be able to purchase many of the products that they and their customers love. As part of Youngevity, the Beauticontrol product line will have an even wider audience through its existing members and by joining Youngevity, the Beauticontrol sales force members will be able to enjoy a terrific direct selling earning opportunity. While likely to be modest in any particular year, monetizing these Beauticontrol assets is a win for Tupperware Brand's shareholders," said Rick Goings, Chairman and CEO of Tupperware Brands.
"We're thrilled and proud to enter into an agreement with Tupperware who has built an iconic and impressive global brand and company. We look forward to welcoming the sales force of Beauticontrol and expanding the innovative product development that Beauticontrol has become known for over the last 27 years," said Steve Wallach, CEO and Chairman of Youngevity.
For more information on how to engage as a Beauticontrol member please send inquiries by email to beauticontrolinfo@youngevity.com.
J.P. Morgan Securities LLC served as exclusive financial advisor and Sidley Austin LLP served as legal advisor to Tupperware Brands.
Direct revenue growth decreased YOY despite an increase in international market sales?
Distributor compensation decreased 3.9% to $17,391,000 from $18,101,000 for the three months ended September 30, 2016. This decrease was primarily attributable to the decrease in direct selling revenues...
A small company like this should see double digit revenue growth.
I'm not seeing it.
6 years as a public company and this is what they show.
Wallach and family as well as Briskie are failures so far, and there is no reason to believe they won't continue to fail.
...“Selling Stockholders” of up to an
aggregate of 4,167,475 shares..."
Well this could certainly weigh on the price of YGYI.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12285092
They should do a de-merger.
Create a tracking stock for CLR Roasters.
Separate the revenues and expenses of these two businesses and let them operate separately.
The current corporation, Youngevity, a direct seller, should not be in the coffee business.
The coffee division, CLR, should operate separately from the parent company.
The coffee business would be a pure play and would create more value for shareholders because the coffee business is not being properly valued as part of Youngevity.
The benefit for Youngevity and it's shareholders, is that they would still have full control and may give a boost to the price of YGYI.
CLR Roasters would be a subsidiary of Youngevity, with Youngevity controlling more than 50% of it's voting stock.
Of course there are also reasons to leave Youngevity and CLR roasters as they are now, so here is a more detailed explanation of what I am talking about and why it may or may not make sense.
http://www.spinoffresearch.com/spin-off-mechanics/tracking-stocks
Reverse splits don't work if you are not profitable. This quarter did not help.
The stock could be pennies again if a drastic turn around doesn't happen soon.
Low volume and thinly traded.
This could be an easy target for short sellers.
Traded down to $4.78 today.
That's about .23 to .24 cents pre split.
Still early, but at this stage the reverse split, is not working.
They release a bunch of PR under the "YGYID" ticker and now none of that news shows up under the "YGYI" ticker symbol.
Good planning.
The trading has been very thin on this move up.
Wide spreads and low volume.
That has to change.
Surprised Josh hasn't chimed in yet.
You do have a knack for hyperbole.
But that is all you have.
Hey Wallach. Briskie too. Your stock is down 31% today.
Great job.
Didn't they lose several large distributors that were part of last year's lawsuit. I think that is what cost the direct selling division. And now they've been trying to make it up with acquisitions with minimal results.
http://norcalrecord.com/stories/511057021-individual-alleges-youngevity-international-inc-did-not-pay-commissions
Jenie Mallari-Torres Dec. 14, 2016, 5:35am
SAN DIEGO – A former multi-level marketing company owner claims he was not paid when he sold the companies.
William Andreoli filed a complaint on Nov. 30 in the U.S. District Court for the Southern District of California against Youngevity International Inc., Steve Wallach and Michelle Wallach alleging breach of contract and other counts.
According to the complaint, the plaintiff alleges that in Oct. 25, 2011, he owned a suite of multi-level marketing companies that were purchased by the defendants. While they were immediately receiving the benefits of the bargain, the plaintiff alleges the acquisition had undergone several revisions, including reduced payments, missed payments and most recently, via a lawsuit against plaintiff. The suit states the defendants forced plaintiff’s resignation through coercion and duress, which became effective Nov. 30, 2015.
The plaintiff holds Youngevity International Inc., Steve Wallach and Michelle Wallach responsible because the defendants allegedly breached their duty to pay plaintiff's commissions earned under compensation plan, and refused to pay any compensation to plaintiff or to the distributorships.
The plaintiff requests a trial by jury and seeks judgment against defendants, general, compensatory and consequential damages in no less than $6 million, plus all costs, interest, expenses and attorneys’ fees, declaration of breach of payment obligations, award of restitution, actual damages and interest and further relief as the court may deem just.
He is represented by R. Keenan Davis of R. Keenan Davis Law in Salt Lake City, James E. Harward and W. Earl Webster of Harward & Associates in Salt Lake City and Adam L. Hoyt and Joseph G. Pia of Pia Anderson Moss Hoyt LLC in Salt Lake City.
U.S. District Court for the Southern District of California Case number 16-cv-02922
Expectations are that sometime in 2017 YGYI will have to do a reverse split to uplist the stock.
This could be good, or this could be bad.
I think it will work out if they are in a strong financial position at the time.
If you want to watch what happens to a stock after a reverse split, take a look at Cowen Group, symbol COWN.
It is currently trading around 3.50 a share and will do a 1 for 4 reverse split after the close today. So on Monday it should be trading around 14 dollars a share. The company says it is doing a reverse split to make the stock more attractive to investors.
I think it will do well. Currently trades below book value of around 6.24 a share and tangible book of about 5.42.
Will YGYI do well after it's split? Maybe. But in the meantime watch how COWN trades when it's split is complete.
I might be instructive.
Would not be surprised to see the CEO finally monetize some of his shares after the reverse split and up-listing.
How will the stock hold up if that happens?
But you do need millions of shares in volume before any price action can be deemed real.
Won't happen.
No one is stepping up to buy at the ask. They all wait for it to come down into the 25 to 28 cent range and then sell around 30 and 31, and then repeat the process all over again.
The stock is stuck here and it isn't going anywhere.
Agreed. To do a reverse split at these price levels would be stupid.
History shows they don't work, and a stock just drifts back down to pennies a share again. Or it is heavily shorted.
They have zero catalysts to get the share price higher.
It won't go much over 30 cents.
They have nothing in their arsenal to get anyone excited about them.
Looks like that humanitarian award is being taken as a negative for the stock.
Or the up-listing isn't going as planned. We haven't heard anything substantive from the company at all, except for vague statements about meeting with bankers on the street.
Five years with this mismanagement team.
Zero results for their shareholders.
I hope they are proud of themselves.
Sellers emerging at .30 and .31. And she is so proud of the 30 cent mark? Really?
https://twitter.com/MGWallach/status/769196059750912001