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Looks like they are the asking .45 now.
It will be interesting to see if the CEO puts out a PR in response to yesterday to inform shareholders. KMA7 has had their CEO address shareholders with a plan of action. It might not work but at least he took the iniative to post something immediately. Lets see if GTGP follows.
Good to see management is using the walmart deal to expand. I get more excited to see the addition of the little stores more so than hearing about walmart. Diversification is a good! Every one of these deals that gets the product in 30 stores here and 40 stores there is enormous. Foot traffic is high in these spaces and its more likely that someone will run across the product in these types of places. Further, products like this often get their start in small stores first! Don't get me wrong, Walmart is great but I know someone that has a product in Walmart and its tough even when you are in 400-500 stores. You typically go to walmart to save on a product you already know about and enjoy. Getting into the smaller stores helps bring that approach into fruition.
Good job BBDA ! Keep it up. Use the hell out of that Walmart name to get into every corner store, university, gas station and airport!
I Agree, most. I'm guessing its not a costless transaction to correct or fight.
I didn't disagree with you on this point. Just said, you logic infers that things are done etc. True, action by SEC means that something is not right. But the firm will be required to do something to correct it. Thats not to say it will prevent it from going to the Gray market. You and I are talking apples and oranges.
The only thing that is not clear with the assesment made by the poster is that why suspend for 10 days if the judgment is final and there is nothing to do or say?
This could be something serious like a needed restatement about assets or stock issues or more serious. We just don't know. In any event, I'm sre the firms in question have an opportunity to respond, correct, etc the actions in question.
The company will have to respond to inquest and sastify the SEC. The few firms I have looked up after being suspended indicates that they were delisted due to a failure to respond. I would guess that if it can be cleared up with restatements of financials, then a firm would do so. Lets not fool ourselves. It will be an uphill strugggle, but of the firms on the list today I feel like KMAG has the best chance to survive as long as not something like fraud. I suspect that it has to do with patents or something like that (assets). I say that as MIK& also strikes me as a firm that has that area of asset recognition that is difficult to indentify.
In the end, all we can do is wait, learn, and look for new opportunities if this doesn't pan out.
No big deal. Given your logic, every audited firm is priceless then right? Ever hear of Eron?, Author Anderson, etc. Firms are required to report financials on a regular basis according to GAAP. Audits do verify that but its not the end game here. They costs lots of money and when the time is right, they'll do them and post the result. Absence doesn't mean they are up to something no good.
That also could be the new distributer which is also very good.
Oh I'm in this big time as well. I'm hopeful as anyone. Just gonna not add to all the speculation. If you know something we don't great! I'm not mad at you. I'm in this boar with you!!
Ok guys. Let's dial down all the speculation about tomorrow and just let it happen. I've seen it when boards speculate "big news" and when the conference call is just normal people become hyper negative and stock price drops big time despite there not being any bad news-just no great Earth shattering news.
Sleep tight and just enjoy the ride where ever it takes us.
Yes, we are 30 days into the listing agreement. I'm sure these types of sales take a while hwoever. Not like buying a house down the street.
When it does sell, PPS wil soar very high.
Redz after market trading all over the board on etrade. I've seen $4.15 and $43.44 recently in the last trade.
While Walmart is a bug deal, this is clearly a company that is leveraging itself with many outlets and distribution channels.
Sold a susid. Not unusual for any company. Frees up capital and resources to do other things. Big companies do it all the time.
Does PPBV still have the drink "Purple" being sold in GNC?
Good point, but big companies also show gains on disposals all the time.
We also consider how this might affect the overall company since maybe they got rid of some inefficiency in the subsid. That may free up more capital to do better things with what they have. Just an opinion.
What the heck? What does the "t" stand for?
Likely a test run as it's only one state. I know someone with a contract with walmart and says it's hard to get into walmart so Bebida is good to get there.
Time will tell. No need to panic or worry. Good product, good financials.
T
Thank you!! I don't know of any company that post photos of checks or the amounts. Firms announce contracts and amounts but not checks and amount. Plz folks calm down.
T
Typical morning drop to be followed by rebound after lunch. Not sure it happens but Im not going to panic! Thus stock is up a couple hundred percent.
Take a look at the financials from Dec. 2011. The company makes a very nice profit on its product. Little to no debt and is considered to be one of the leaders in the segment.
Toss in the Walmart deal (which honestly I hope it goes to grocery stores and drug store chains as well), a possible Euro deal and thats all you need.
Granted the share structure isn't great but its not anything different from what you find in pinkyland, its a no brainer to drop a few dollars here as part of a diversified portfolio.
This is a good bet for the beverage stocks around. Consider the makers of Phase III (ATTD). Its a great product but doesn't have the profit margin or a walmart contract (yet).
Here is the article and definition of Off take for those interested.
Mammoth Energy President Leaves for Canada to Negotiate Lithium Joint Venture Agreements
NEW YORK, NY, Jul 25, 2012 (MARKETWIRE via COMTEX) -- Mammoth Energy Group Inc. (PINKSHEETS: MMTE) announced today that Company President William Lieberman is leaving next week for Canada for the purpose of negotiating lithium off take and joint venture agreements.
William Lieberman, President of Mammoth, stated, "Our trading activity correlates with an equity capital raise with an institutional fund where the Company raised $220,000 USD for the purchase of MMTE's lithium assets a year ago. The Company believes that the assets have increased five times in value. In contrast to other companies that claim to be in the lithium sector yet do not possess lithium assets, MMTE actually has titles and deeds for its assets which are available for verification through the Chilean Mining registries." He added. "Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to create revenue from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries," said Lieberman.
MMTE believes that the market is definitely moving forward for the lithium asset seller and the Company's focus is on getting the highest price for its lithium assets. MMTE is in the lithium business to implement the most lucrative arrangements for increasing shareholder value. It is fortunate for us that lithium prices are escalating so rapidly while worldwide supplies are so critically short.
Additionally, the Company is in the final stages of hiring South American, Chilean based management including a new President who will be able to implement many of the strategic goals for the Company.
Mammoth Energy Group's Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga, seven concessions for a total of 4695 acres (1900 hectares) in the Salar de Pujsa, 2471 acres (1000 hectares) in the Salar del Laco for a total of over 28,000 combined acres on seven different properties throughout Chile. Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
The definition of off take:
Definition of 'Offtake Agreement'
An agreement between a producer of a resource and a buyer of a resource to purchase/sell portions of the producer's future production. An offtake agreement is normally negotiated prior to the construction of a facility such as a mine in order to secure a market for the future output of the facility. If lenders can see the company will have a purchaser of its production, it makes it easier to obtain financing to construct a facility .
Investopedia explains 'Offtake Agreement'
Offtake agreements are frequently used in natural resource development, where the capital costs to extract the resource is signficant and the company wants a guarantee that some of its product will be sold. Companies can usually back out of an offtake agreement through negotiations with the other party and with the payment of a fee.
Read more: http://www.investopedia.com/terms/o/offtake-agreement.asp#ixzz23fRswGy3
Minnesota is represented in the request. If anyone has facebook, they should also place a link on their page to Koma to alert their friends about it. Just place a url link on your page and it will automatically bring up the web and photos.
True but dream water is promoted as a sleep aid and typically found in the sleep aid area.
It's not. I mean there is a very high bid at the bottom of the page but it won't open at that price.
There was a 1 for 400 share decrease back in May of 2012 so that might explains things.
Maybe the sites need to be updated. I only show 478000 shares
http://www.otcmarkets.com/stock/GYST/company-info
Not to mention only half a million shares outstanding? Thats crazy low and almost a no brainer for any stock.
You think? LOL. Just letting us know they run things.... for now. Once revenues show up, PPS will reflect valuation not speculation. We'll be in there solid.
It could mean that things went well over the weekend at walmart? I don't know. Its a very confusing statement but I don't think they would release negative news on FB like that.
Wasn't that long ago that this was trading at .0001. This pause in the action is nothing to worry about in my mind. Lets see what the numbers look like. HHSE trades at .02 and is very similar to MIKP. So lots of upside possibilities. Downside is limited at this levels.
Gotcha. Thanks.
Today? tomorrow? next year? Could you be a little more specific? LOL.
Agreed!!!!
Definitely!! Let's hope we get there. Once there is some sold big revenue and the marketing expands, it could happen.
Cool but my point was that there was a lot right with it. Looking forward to seeing the new one.
Try etrade. I've never had a problem with orders before/after/during.
I wouldn't say that its a non issue. I for one like to know as much information as possible (outside of technical analysis) for a stock.
Personally I think good, bad and neutral information should be included on the board and things like articles should almost always be stickied for new investors.
I ilke to know the strengths, weaknesses,opportunities and threats for not only the stock I own but the industry as well when possible.
I'm not on anyones side here so please don't blister me for an opinion. ha ha.
Thanks!! Good to know! Bbda has lots of options!!