Married
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has anyone sorted out the Walgreens receivable? how much of 2010 revenues are Walgreens 2009 driven?
In any case it will make 2009 and 2010 look worse if you look colse in and are aware of the issue.
the 10k does not account for the recalled goods so that could literally bring ammended finacials since the sales were harvested in 2010, but the goods will be returned 2011.
If 4000 units are returned as testified by doc, there would be close to an $80,000 adjustment to sales. could bring full year 2010 sales to $700k or less........
Dog was right. No repeat orders
sales 4 Q4 WERE $283,408.
$234,400 WERE THE 2 WAVES OF SHIPMENTS THEY PROMOTED ON FACEBOOK.
worse than worse case.
I never dreamt they wouldnt crack a m illion for the year and much less under $300k for q4 2010
usually 20 days for any new listing
i appreciate rational commentary, Thanks!
it would seem that the people that would be offended would be those whose strategies are driven by the ignorance of others. If its bad to be bringing the light of day to the realities of a company whose stock people are considering, then the problem is not with Dog or anyone else.
The problem then lies with a strategy based on duping others.
what was his role? i see his name dropped a lot
who is howard? where did he go?
i dont know what they are up to, but the delay is purely strategic in my opinion. Everything is done. It has to be or 8k or s1 could not have been filed. only missing piece is q4 financials and those cant take very long and were prob done by mid Feb.
They are possibly depressing the stock price to give someone a killing, or they have a lot to hide..my opinion
makes sense. keep in mind that if they have revenues that show no pattern of re-orders, the product's future is defined, for good or for bad. The numbers are locked in. TIrrotta stated that sales were 5.06 units per store per month, they reported many "DEALS" new distributors etc. They shipped about 225k to 350k just on the wave of 10,000 and 2,000 units in the fall. So if they dont report 450 to 700k, you will in effect, have no reorders
yes I do believe that the R/S, as well as the issuance of Super Voting Preffered were both timed to beat the news on 2010 10K and specifically the Q4 2010 results.
correction: if they hav missing pieces after all of the work done on the S1 and the 8K something is very very very wrong, all of the issues are known and disclosed, thats all cut and paste, the only missing opiece would be q4 2010 financials, and they probably had that done by Feb 15th. They would need it for for Tax Return
if they hav missing pieces after all of the work done on the S1 and the 8K something is very very very wrong, all of the issues are known and disclosed, thats all cut and paste, the only missing opiece would be q4 2011 financials, and they probably had that done by Feb 15th. They would need it for for Tax Return
ok, thanks
did someone spend 65 +/- to bring the price down?
unfortunately, it is not my opinion that commo shareholders of ASFXD no longer have an effective say. Management gave themselves super voting stock which allows them to do whatever they want, like the 200 : 1 reverse split.
I apologize, I don't answer questions. Please redirect your question to those who answer all your questions. They give you magical advice
sorry but I see nothing to laugh at here. ASFXD has done everything possible to shut out shareholders. We no longer have a voice. The facilitators that keep promising a BIG SURPRISE, just around the corner, they should substantiate their positions and opinions. They in my opinion have caused a lot of harm here.
that is comforting news. Coul not ask for more definitive info. Wow thanks again.
Can you please explain what some one may know? What does that mean TYT?
Am I to interpret that someone may know of some mind boggling news about ASFXD?
Certainly you have some basis for that TYT.
Thanks in advance
.0013 pre reverse split just peachy!
EVERYTHING IS LOOKING GOOD! .29 vs .00145 pre split = down 65% from the split
yea, my loss on ASFXD was not life changing.
the entertainment value was pretty good.
Still have some shares to dump. Maybe 6,250 (?)
EDIT: it has been an incredible waste of time. 81 appointments at Marketgate? Yea right.......
No results 1 month later....if you or batted 0 for 81 we'd be looking for a job
Just another trip for the boys.... Disney World in Winter...
beats the hell out of Northern Ohio.
with the right plan, you can displace a majority of the current entries. The approach they have taken is a high cost low return. They have focused on very expensive trade show marketing... prob because they can coattail on their broker. It almost seems like a global tour sponsored by the shareholders. Very very expensive way to go. These are not people that are known by the trade so the opportunity to do friendly deals "At The Lobby Bar" are non existent. Thats where the real deals are solidified at these events.
there was a symmetry with the products (not the NDD) and a significant consumer trend. I knew the management would not cut it, however I really thought the shareholders would change that. My lack of Pinkie experience...lol The incompetence and total inexperience by management was over whelming in my opinion.
its been dead for a while
We may be down to the last couple of weeks for ASFXD.
In my opinion this is a perfect storm of poor management, , no effective board of directors oversight, a lack of capital and questionable players with no plan.
the bid is now at .00145 pre split..
i have lost enough to be a lil po'd.
I will NOT sit by and let others post absolute falsehoods unchallenged. talking about buy outs etc is sheer non sense.
the only solution to the business is a strong management.
that aint happening now.
the pumping of a stock as an exit strategy does not work for me.
maybe its PINKIE norm... just not for me.
.00175 PRE SPLIT
not relevant to the facts of the case, relevant to their acknowledging the event.
id be curious to know if judge is aware they are in violation of sec by not making a timely "official" adverse material event disclosure
hey Dog,
do you haveany link I can read on?
thx
asfxd always looks better standing on end.........
EDIT: THERE IS NO SUCH POLICY AT WAL MART, THEY APPROVE NEW ITEMS INTO STORES REGULARLY. Your position that i havent pulled a D&B is laughable.
There is no further reaponse coming from me. You have lost all credibility when you say their D&B is fine.... really......
A D&B full report includes any negative public record or creditor info.
Costs about $225 unless you have a subscription that allows in depth.
subceribers to D&B report to D&B just like a consumer credit reporting service. the compilation of those reports and public records comprise the in-depth report.
Any small to midsize business whose managers dont care about its D&B rating is not managing its creditworthiness.
from the ASFXD S1;
Our capital requirements in connection with our development activities and transition to commercial operations have been and will continue to be significant. In order to sustain our operations we will need additional capital. As of June 30, 2010, we were in default on some of our promissory notes, in the aggregate principal amount of $1,946,915 (excluding unpaid related party advances and notes payable of $159,430), and such repeated defaults on our credit obligations may raise serious concerns with potential lenders regarding our creditworthiness, which may make it more difficult for us to obtain needed capital. There can be no assurance that financing will be available in amounts or on terms acceptable to us, or at all.
I have read the S1 and have looked at financials including auditors opinion.
You really think I will spend good money to call up a D&B on ASFXD? Really?
you need a D&B to analyze the financials of ASFX? I dont.
I have a pretty good idea of what their D&B will look like.