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Close. What they have is a colorable interest.
I have no quarrel with the “intent”; I have issues with the legal ramifications.
DA doesn't own the Company.
The Company is Public.
DA presumably owns controling interests.
The TM is owned by DA according to the filings.
There appears to be no supporting evidence (docs) to show that Bravada owns, or owns rights to the TM.
The whole thing looks like a clusterf--k to me, and should be sorted out NOW!
I find myself in the uncomfortable position of agreeing with Stratey on this one.
Hope springs eternal..............
Ya, and it should say "with whom".
There are probably 20 or more grammatical and format errors, but it's LA - Flash is better'n cash!
ONLY in LA would they ask for a photo! Gotta love it!
Rhetorical question for you Unbiased.
Have you ever hooked up with a girl and "dated" her for one night? Didn't want to marry her, and certainly wouldn't take her home to Mother! She really wasn't up to your standards, but what the hell! Well here it is (or was).
With all the bad things I said about HEME, I still would have bought in. I missed it because of other more pressing things, and by the time I could have acted, it was what I felt, topping out.
I'll watch it for the next pump and hopefully not be too distracted and can make a quick buck. Unless there are substantial improvement in their structure - they ain't goin' nowhere!
I haven't even started on the technicals.
The purpose of these boards is for a free and open exchange of ideas; not for the sole purpose of promoting a stock.
I have reported that Healthmed has not secured the “neutral communicator” (NC) as they stated that they had.
I reported that on the 8-K that they stated that they were probably going to sue the college kids who actually created the NC.
I reported that they had not to date produced any income since inception.
All of which I took from Healthmed’s own Reports.
The only positive news that I have been able to find was that they are to have sole rights to a new open source program. I assume that, that means that it will not be a source of income since it open source.
These statements are all true. I will not apologize for stating negative issues regarding this company. Nor will I attempt to delete any positive statements. I am not responsible for their dilemma.
Healthmed is in financial straits due to their apparent lack of foresight (and I use that term as a euphemism) in that their business practices need scrutiny.
I am sorry if the stock isn’t performing as you had hoped, but I call ‘em as I see ‘em. As I see it, either people bought on the pump looking for a quick buck and didn’t sell in time, or they bought without doing DD and bought into the hype without knowing the Company’s background.
If Healthmed turns itself around I will be more than happy to say so.
For premier1one: yes
There is a big difference as to the author. If the company wrote the article then it requires a safe harbor statement (AKA watchout clause).
No stratey he did not. Here is what he said.
In-house accounting. Our current outsourcing configuration has resulted in delays for filing our quarterly financials. BRAVADA has completed the interview process and will make these changes for Q3 reporting.
I believe that he states that he is making changes in the accounting firm - nowhere does it state that he will make changes in the time of delivery. A subtle distinction and a good dodge; nonetheless no comittment given here.
Again; the changes he promised is that it would be "in house"
Those of us who are in or on the sidelines, having watched this for a while have already made up our minds. We are basically divided into two camps, and nothing short of a drastic change is going to change anything. If the FS turns out badly, many will have a reason why, and continue to have hopes (founded or unfounded). Others will say, “I told you so.”
If the FS is good, There will be those who say, “Ya But…. This was a fluke and doesn’t prove anything over the long haul… and what about when DL and others take out their back pay?
If the results are bad, there are those who will say, “Ya, but wait until the next store opens. Others will say, “I told you so.”
Either way, we will probably be back in the same position.
There are several on this board that I suspect are young business/marketing grads. They got the book learnin’ and are going to use it. Everything has to be analyzed and dissected as nauseum.
Those people should be doing large cap investing and work at Goldman or JPM. Apparently they have the desire. but not the stomach for startups. That’s OK, the industry needs both; but recognize your strengths and weaknesses.
DD is fine, but this is the down and dirty trenches. Be right, be wrong, but be something!
At some time the seagull must land.
Not really.
If one can report this, one can report gross sales. Simple register tape ?!?!
looks to me like the Pumpers on this board are the same ones from Yahoo.
The only way to make money on this is to carefully watch for another P&D and unload - quick!
Doesn't anyone read the reports before investing?
Follow up to my last post. I believe that not opening a store before Friday, December 3rd is a BIG mistake. I don't care what the reason is.
If you feel there should be a large upswing, normally, I would agree, however in this case I do not. On Black Friday, shoppers are usually headed for things that they have been ”eying” for months; mostly electronics and big ticket items.
I don’t think DA has been around long enough or is diversified enough to be effected. He might get some traffic simply because everyone is out shopping, but again, I would not expect a significant sales increase.
I am not making excuses, nor am I lowering the bar. I believe the reality is that his business in general will be little effected. It is possible that Lululemon will get more business percentage wise, but that will be because of its time on the net.
Don't hold your breath. There is no more deceptive pump news out today.
No, no.
I was saying that I cannot respond to your PM. I wanted to thank you and tell you that this board is great because of you and others like you who contribute so much.
I have a platform which includes L2 at my current main broker, so I do not subscribe to an upgrade here, so I can't respond to anyone's PM.
Thanks again.
Since this is off topic, I will understand if it is deleted.
RE: PM - ELCR
thanks to people like you.
sorry. no PM; Feel free to delete as off topic.
Regards
Ok – I’m going on sabbatical (from this board) until I read something of interest on Stoneys; It’s too tempting to jump in the fray and prolong the agony. This will be my final transmission. I can be reached at other boards, and some know my email. I will not let the door……… .
OK; It was unfair, BUT…
There are many people on this board who are unable or unwilling to decipher a P&L, Pro Forma, Q Reports or Balance Sheet.
I think that quoting the disclaimer is similar to quoting the safe harbor disclaimers, AKA the “watchout clause.”
All I was trying to do was to get people to think. However, quoting Dorothy Parker, “You can lead a horticulture, but you can’t make her think.”
You're right! Probably morbid curiosity, or refusal to get divorced when hanging on is useless.
I'm outa here - Thanks!
I didn't go past the financial statements ! ! ! ! ! !
This is, in my estimation, a candidate for a P&D. I will watch and do a one day turnaround; nothing more.
Even if you are not a business major or MBA -You can read.
Directly from the Q report.
"Due to our financial condition, the report of our independent registered public accounting firm on our December 31, 2009 consolidated financial statements includes an exploratory paragraph indicating that these conditions raise substantial doubt about our ability to continue as a going concern."
Nothing has changed, except that they continued to spiral downward in 2010.
I know the question was put to Cargo, but I would like to respond as well;
I do not own any shares either. I would like to invest, but there are many nagging unanswered questions. I am searching for someone to logically convince me that they can make (and have made as they claim) money. I will not short a stock.
Obviously money can be made in two ways; P&D and Long term. I only see this as the quick P&D. i.e., buy on "hot news" and unload same day.
I admit to making mistakes. Just this week, I missed out on HEME by looking at their 8-K and their auditors' statement that they didn't think that HEME could stay in business - I failed to see that people were gullible enough to believe the P&Ds and buy anyway.
I was blindsided and lost an opportunity to triple my money in one day. I lost the opportunity - I didn't lose the money.
Again; somebody show me where the company is viable. I need new investments.
And people would know that if they went on the website and read about $99,000 conversions.
Just pick a mall.
It doesn't matter whether it makes money or loses money.
Traffic doesn't matter;
just open a new location.
location, location, location/cost doesn't matter.
Just open a new store.
Doesn't matter if it is in a location which is overpopulated with competition
just open a new store.
Sucess is unimportant
just open a new store
Also find a way to become a minority business owner and get government help; money - marketing - accounting help, etc.....
Seems to work for some who are touting their business prowess and acumen.
I'm not sure how good a business man D actually is, and I doubt if he has an MBA, however, I repeat:
It's tough to remember you are there to drain the swamp when you are fighting off the alligators!
I am highly annoyed that the 3Q has not as yet been delivered. I have always been a staunch advocate for Jim.
Since I do not want to be considered a basher, nor a do I want to produce negative messages, I shall take leave of this board until sometime in January.
I hope everyone has a great Thanksgiving (just give me pumpkin ale), a Merry Christmas and a Happy New Year.
And laying my finger aside of my nose,
And giving a nod, out the modem I rose!
One observation and one thought:
1.) The website is very “busy” (don’t know whether that’s a good thing or not).
2.a) Add a “private” entry point for trainers. Put specials out to them 2-3 days before the general public.
2.b) Set up trainers as dealers, giving the discounts to the trainers. The website gives trainers and others the same discount.
Did you mean what does it imply; and from that, what do I infer?
Thanks for the info Monica. The ad is great,,,,I think that a proactive approach of sending a personal invitation via snail mail with the coupon would get a greater immediate response. JMO
It's not the face ...............
Besides - that was a bad hair day!
I'm a better ride!
I'm a size #4
Got a what if for ya'
What if a coupon for one free outfit were sent to 20 local trainers or healthclub owners. Get the product and advertising where it counts. Great promo for the new stores.
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