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OH I know. Things are good over here. I was actually agreeing with you but just saying that its more of a choice of the institution.
I would say that big insitutions would not likely buy sub pennies. Often its just a part of their portfolio requirements and obligations to investors. Some firms may take a small position. When you think aobut it. 500K out of hundreds or tens of millions of dollars is nothing.
Hopefully one day this stock will be purchased by the big boys and that will add stablity to price as they don't day trade or swing trade like individuals.
Lets hope for the best.
Wall Street Journal
http://online.wsj.com/article/PR-CO-20130612-906994.html?mod=googlenews_wsj
Lets see where this goes. We are the only public company so folks that want into industry have no choice but to buy. Share structure and low price however, will prevent institutions from buying. Still a good day however.
Even I'm getting tired of the deals with all these different sporting events. I would rather see some audit report or sommething that solidifies their financial performance.
What did you find out? Everything I found points to CARN now.
I don't want it done right now as much as I want it done Right.
I actually think its pretty incredible how fast they are moving. Please have patience everyone. If they can get the 1st franchise going thats a big deal. Sure we need the name change so that the energy side can take off but this is going to take time and might get ugly.
Ideally I would think that a name change/spinnoff would best serve us if its the energy company is ready and the franchise is ready at the same time so that DFW pps doesn't drop to trips as right now much of the value in PPS is tied up in the energy side. Thus the engery side will take the majority of the PPS if the spinnoff happens before the wing side is ready. Thats my opinion and I could very well be wrong.
Thats what my etrade account shows as well. No real change other than the ask.
not to be a debbie downer but given whats been said there is the possibility that he sold them last fall and didn't sayh anything and the company involved in the LOI is someone else who purchased them. Hope thats not the case.
At a minimum, I think even if its is just a stock for stock swap, we will have interest in Lexg and a chance to trade. Right now, all we have is dead money. Its like standing at the ATM and having only $19 in your account. LOL
Why not?? What are you thinking?
big move will likely come once financials show dollars behind gold. i say accumulate accumulate now. I feel this one can move into the pennies provided they dont dilute.
We will likely just hover until news of a LOI comes about. Then we will likely have to wait until there is some news about how the new Unit(s) are doing. Remember as of now this a valuation based on promise. Once we start to monatize that promise this thing will go. Like I said, people crazily expected the CC to reveal some mega deal with churches or hooters. That was just crazy. Real companies are not built that fast. This is one you buy, hold, monitor and keep building your portfolio. This one will likely pay big rewards long term. Just think about it. Once revenues start and products start to be produced, this could easily be at $1 or more. This commpany rose to $.20 based on a concept of clean water production. Once the firm produces its sauces and such. Money will start to roll in. Then the units will start produce and this thing will take off. What people need to hope for is the mass production and distribution of its sauces and such. Thats going to be the cash cow I believe.
well said
I hope that people are sensible regading the conference call. Its its first one so I'm thinking that its more of a introduction, set the tone and take a few questions. Establish a connection with investors. I just hope that people aren't expecting some mega deal with Churchs or Hooters. Just want this this to go and grow. A steady slow drip of water still fills the bath tub.
Maybe they figured it was a get out anyway. Who knows maybe they have bigger things to announce.
It's on the Abot website
I don't think it's churches despite what everyone says. On the other hand, JB is talking about 22 stores in ATL. That sounds like fast food or maybe a wing place like Hooters or Wildwings. It ddoesn't sound like a restaurant type place. I think it will be a unknown but locally popular and financially healthy place.
As bad as it sounds if it coupled with some good solid news, that r/s of 100/300 for 1 could be a good thing. Obviously we end up with much less in terms of shares but the ability to make a good return is there. As it stands, the chances of this stock going from .0001 to even .10 is remote given 13 billion shares outstanding. People need to let go of that dream. I know we all want to find our "white whale" so to speak but this is good for a few bags (5-10) not create millionaires. Sorry.
Let hope for some real news and decent restructure that makes us appealing to the big boys. None of us in deep right now would think about investing in a company if it looked like this right now. PPS .0001 and O/S 13 bil. Geez.
Good time to buy on the dip. I sat on the sidelines a while and watched this one. Its a solid stock. I bought in about a month ago around .60 and again at at dollar. Will be buying more.
Just came back from a random stop at a Lunds/Byerly grocery store here in MN which is a very upscale store store. Low and behold I see two shelves (eye level)of Cabana products.
MN is full of health nuts so it should do well there. I'll check in Whole foods next time I'm out. Getting into Whole foods would be great as their customers are very dedicated to buying their products.
Well said. I was just about to post the same thing. Today is not about any big bounce or rise in share price. Today is about awareness. We may see some upward movement next week but I think this is a long play. I may be optimistically thinking but this could be our "Google or Mircrosoft" play. Getting in on the ground floor. I wish there was a place to taste the wings in the midwest. Lots of wings sold here due to all the sports fans here. Hopefully by next football season, there will be a few places to try them.
OK, I knew little about Sbarros and Five guys. I had seen the former in the airport but had never heard of the latter. Granted Five guyss is large and in charge. But Popeyes! I know chicken and I knew Popeyes! I grew up in New Orleans and Popeyes changed the chicken game all together with bigger and better tasting chicken. Whenever I go back to Louisiana, my first stop is Popeyes before even going home to family!
This is looking like the type of company (not just a stock), that will eventually have a PPS in the teens or twenties or even more in a few years. This could be the "game changer" for all of people. Ben Chavis is using this as his flagship model to African-Americans and everyone for that matter as to how to take control of your financial situation. He is in this to make serious money and make a point as well. This will succeed. How much is yet to be known.
Who is meta??? Which maker?
seems like they are priced more like an appetizer then. if so 10 dollars sounds about right. especially when you look at the place in New York that's gonna start to sell them. time will tell.
The average profit per customer in the wing business is about $6 per customer so if you do the math the businesses can be very profitable
Look for this to drop to about .016 or .015 before you see a bounce. tough part of the climb will be getting above .025. Just looking at L2.
Just posted the same thing! Im thinking a couple of dollars here shortly!
Anyone take a shot at valuation of this firm given the news? Me thinks its lot more than a nickel or dime. Only 150M shares outstanding. 5 million building, 225 Million of reserves! Hmmmmm.
Lower end (floor) is .0053 and about to break through to .007-.008. Little resistance after .0057.
Who knows. Maybe they paid shaq and others with shares and they are collecting. Lol
If you do some research on the relaxation drink market, you'll see this is the marketing technique for many of the drinks. They all have crazy names related to drugs. Thats because when they came out they targeted young urban youths. Also keep in mind that the inspiration for these drinks comes from mixing codine and 7-up to make a homemade relaxation drink that was illegal. I'm not saying its right but it just want it is.
Audited financials would be great but I would be happy to see the financials prepared by outside firm.
As it stands now the income statement isn't even in the proper format for GAAP. Yes it's a formatting issue and nothing that affects the bottom line but still it's unprofessional.
I feel your pain. I had kmag, MikP, ad another one from that last big list. Now lost with this one too.
Must have a lot of gold coming in if they can afford to sell some of it at costs! Thats how you have to think about it.
Oh I see it. Sad is right. But hey, it gets the word out and we know it didn't cost a lot of money so we know ther won't be dillution to pay for it! LOL.
I think our reaction is so strong since we have been waiting for it and had high expectations. The everyday joe won't have those expectations.
I think everyone would agree that its bad. Its actually worse than the old one that everyone says is bad(which I thought was ok for what it was selling).
One has to wonder if the video is some elaborate hoax by someone with too much time on their hand. I mean not to sound like a BBDA lifer but why have a walmart commercial that has the walmart sign edited out? It's not on the official BBDA website is it?
I would suggest that every serious investor shoot an email or call investor relations to inquire as to whether or not this is the in fact the official video.
That being said, if its is the official video, then it is what it is and bad advertising is better than no advertising I guess.
Physical Address:
1304 N. Barkley Rd.
Statesville, NC 28677
Telephone: 704-660-0226
Fax: 704-665-5811
Email: info@bebevco.com
Marketing – Marketing@bebevco.com
Sales – Sales@bebevco.com
Walmart is testing BBDA. I personally know someone that has their product in Walmart and he told me that Walmart is testing the product. Unless something is a blockbuster then they don't just put it every store. The next step would be a few hundred stores and then a region then national. To expect KOMA to start in dozens of states or nationally is not rational. Thats not how Walmart works.
You should provide a link and maybe it will be stickied.
I'm sure they'll figure out a way to sell it. Smaller convenience stores will carry it and sell it like crazy. Then bigger stores will follow. It will be market driven. Small stores in urban neighborhoods will lead the way. Its sad but true in thats how it works.
Cocaine cola! It looks like BBDA has decided to step up their game and follow the national model for relaxation drinks. This may end having a bigger impact that Walmart. Historically relaxation drinks were marketed to urban areas. No bigger urban area than NY. If he in fact get the other two drinks going, KOMA sales will benefit greatly.