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I'm thinking RC may provide a preview of quarterly numbers in the next week or so as there has been nothing on April sales yet, and the filling of the Wal Mart pipeline in FL should be pretty strong through end of May (today). They were pretty vigilant about updating monthly numbers earlier in the year and the reflected growth should be significant.
GLTA and hoping for a very strong Q2...
Either way, I think you have a pretty nice opportunity over the next couple quarters and the right entry point.
No need to brag :) It would be nice to have that kind of dry powder sitting around...
Somebody dropped $125k for a pretty good shot at half a million by end of summer, not a bad play...
Interesting that there have been no updates on April numbers as the company was rattling off records from January on. Seems like a broader shareholder letter is due in the next couple of weeks and we'll see what Mr. Clark decides to share.
They're on otcmarkets.com.
The Tomaso's contract is interesting as they already have access to several stores in CA, including Safeway. It's a small toehold that could be leveraged...
The easy answer is that they should announce April's unaudited numbers as we have not see those yet. I would expect the Walmart states to be one of the other tangible items, along with distributors to support said states. The whole relaunch of the Energy drinks seems to be the other major piece and they may wait until everything is confirmed before any formal press release.
The uplist discussion would be more appropriate in the later half of the year from my perspective, so not sure that will come before end of Q2 (June).
Seems like this week should have an updated shareholders letter following the Q1 results. If not, then things will churn here and test support as the revs are good but cost of sales is an issue that needs some attention.
GLTA
Revs should look good and any other updates on company progress could push easily push it back to 0.0014 area. A quick double is hard to turn down...
Make that an 85M share block... or better yet $50K @ 0.0006
My guess is someone put in a bid for 10M shares at 0.0006 and one of the MMs is graciously doling that out. Does anyone have Level 2 that can see which MM is getting those blocks?
Would be interesting to see who got the 4.7M shares at 0.0006. That three grand will be money well spent...
10Q due by Friday next week at the latest, so we'll see what else the company chooses to share...
Looks like Monday for the updates, or possibly later in the week if they end up filing the quarterly late. Would be an interesting scenario to drop a big positive bomb after hours today, but not likely.
GLTA
Several things pointing to a near term bounce - we'll see if it happens. The Q1 report should provide some additional fuel outside of the chart technical situation.
Interesting numbers on the production runs (batch sizes) that you have there. Still comes down to how much they are clearing per can and what their contract mfg capability can crank out. They're likely still trying fill the pipe so to speak for distribution, so not being able to have stock for shipment shouldn't be a huge surprise. Hopefully they will get the volume up to have better priority for getting their runs scheduled and those issues will be reduced.
After doing a little more math, if they could get to 16 states by the end of the summer and maintain just that order level each month (2000 cases), the numbers are pretty intriguing based on current revs today.
GLTA
Thanks for confirming and wasn't sure if they were packaging differently to support pallet packaging, etc. Trying to rationalize if 2000 cases is really a lot or not. If the rep and distributor can generate that each week (and get to repeat orders within a month), that seems compelling. We'll see how it plays out...
Does anyone know what a "case" represents - 24 cans? (4) 12 packs? something else? The pace of the (8) additional states coming on in Q2 will be a reasonable indicator of how quickly the overall growth can be achieved. It will be interesting to see how much additional info comes out in the quarterly.
They re-applied to OTC QB today (see OTC Markets) and OTC QX is a more realistic uplist for them in the short term as Nasdaq by 2025 seems doable without killing the current shareholders with an associated RS.
The next couple of quarters are going to tell the tale on how well they can deliver on the sales/revenue aspect and they could jump to OTCQX if they make the projections they have laid out with little change to the share structure. The real issue will be the AS and if they choose to do something with that to continue financing the growth.
It will likely be a bumpy ride and let's hope the summer is a particularly hot one...
I would agree that they are planning, but would be hard to see them making any substantial announcements without some other proof point of revenue generation to make the structural change sustainable. The quarterly may provide some better insight on this and I think they really need to get through Q3 before they can possibly project much - barring another major deal being announced.
The 0.10 share price reflects close to $3M in monthly revs to support that price, which is some serious growth in the next couple of quarters... It's not impossible, but also not probable with what we know today. I could see them making the uplist by end of 2023, so foreshadowing now might be premature. Though making the announcement now and delivering on that plan could result in more controlled share price appreciation. Should be entertaining for sure...
That's going to turn 90K into 200K when it runs back to 0.03 over the next couple months...
Happy Friday :)
It was interesting to see Gold Leaf maintain month over month growth over the winter, so it's possible, but you would certainly expect to see growth taper into Q4. That said, the energy drink business is a year round thing and could provide the continued expansion. The story needs to unfold...
I think there is a good chance you'll see 10-15% growth month over month through Q3 (Sept) and we should get some early indication by 5/15 when Q1 numbers are released. We already know some orders slipped into April based on the Annual, so I would anticipate RC will have good news to share over the next two weeks.
The 8K set the stage for having raw materials to supply Wal-Mart, the real question is when the energy drink re-launch will take place and what that looks like. Not sure we see that in the next two weeks, but it was targeted for Q2...
GLTA
More likely around the release of 10Q for Q1 next week. Assuming the results will be pretty positive, a good chance for another victory lap for RC - and maybe the real update on the re-launch of the Energy drinks.
The shorts could get a little crispy if they announce something big with the Annual Report this week... Plus there should be some pretty strong support at 0.02 if it happens to drop any further. Enjoy the show!
A/D line is pretty telling over the last month. Should be an interesting ride for 2022.
IMO, any profits need to be reinvested in the growth of the company given their maturity as a business. Share buybacks, especially ones that are significant enough to help, are a luxury the company can't afford right now.
If they can show consistent growth and revs approaching $20M by eoy, I disagree. As I said earlier, a lot has to go right, but that kind of revenue should support a nickel per share on that OS. No guarantees, but if they can hit (and maintain) that growth rate (~10% month over month), this can support $0.20 w/o an RS.
We haven't seen anything about the re-launch of the energy drinks yet, so there is plenty of speculation in play yet. We'll see what the next couple of quarters bring as that should provide some better insight as to how well RC is executing his plan.
Seems that someone knows more about what's coming in the Annual Report when it is released on the 15th - a typical sell the news scenario...
I think you're possibly missing the point about the RS. There's no doubt the company needs to have an eye on profit, but profit is going to be required to fuel company growth not buy back shares. The balance of getting access to capital/funding will be a delicate one for the next couple of years and how they manage that is critical, especially with borrowing getting more expensive (assuming they can get access to favorable terms). The thing we all need to watch out for is what they do with the AS count as that is where things get concerning on how much your investment gets whacked. If done properly, the RS should reduce the AS accordingly. In most pink sheet transactions, that doesn't happen and there is essentially an unlimited supply of shares that are created when the RS takes place. In theory, the RS is only changing the share price and number of shares available.
There is an appropriate time for an RS, but now is not that time. If they can get monthly revs closer to 2M by the end of the year, the possibility of an RS could put them in a much more favorable position for an uplist that changes the investor type substantially for the company. A lot has to go right for them to maintain that type of growth rate (10% month over month), but that is what you need to be watching, along with the OS count and COGS.
Pretty much the same content as yesterday with a new title on the release. Need to wait for next announcements on contracts...
Where are you seeing that posted? Any detail on the contracts - which products and companies? Thanks in advance for sharing...
Same update or something new? I'm not seeing it posted yet...
Theo, thanks for the note and I am very aware of what KGKG is doing with ALKM. The Hot Pack capability is a whole different avenue though from bottling and the need for that capability warrants some further explanation from the company.
Also, given the relationship with KGKG, it would be helpful to understand if there is possibility to pick up more than High Drate for ALKM. Obviously, the legislation that is currently awaiting the Senate will have a bearing on the pace for High Drate, but getting in on the lemonade expansion would provide a shorter term opportunity.
I'm optimistic about ALKM's prospects and hope our management team shares a little more insight.
I think they need to have a few quarters with revs over a million before they try to use the reverse split to bring the share price up to jump to NASDAQ. We'll see if there is more commentary in the next couple of quarterlies, but it might be possible to make that jump heading into 2023 as they need some more solid financial footing before an uplist.
A decent start on an update, but some more meat on the timeline for 2022 is necessary. The info about potential contracts is intriguing, especially if they can land a major brand as that will keep the lines running on a more regular basis.
Cautiously optimistic some of those contracts are announced in the first half of the year.
Pretty exciting stuff if Gold Leaf can maintain % month over month growth as they will be generating over $1M in revs independently. Hoping for that rollout update for Kona on the Energy Drinks in the Annual as that could really ramp up their revs for Q2 and Q3. The stock will likely churn in the penny area for a while until they can show a clear path to revs over $10M for the year.
GLTA as this is starting to shape up nicely...
They need to put out a shareholders update letter to supplement the annual report that explains the need to expand production. They are either giving away the product they are making, or there is no need for additional capacity based on the revenue numbers reported.
The good news is we have a quicker turn around to seeing the numbers improving in Q1 (reported May 15th) and Mr. Eakle should be providing an actual business update within that time frame.
For clarity, Annual (10K) is due this week (90 days after). 10Q for first quarter '22 will be due by May 15th (45 days after).
Annual Report is due this week, so might be good to hold on speculation until you read that.