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based on your WS experience and the brand - what is your take? i think they have a monster credibility gap with investors and it keeps increasing. if SSS numbers from last quarter were really only due to the backorder/replenish issue from the move to Ann Arbor - they should be preannouncing earnings (expectations) and providing a statement that they expect revenues to be significantly ahead of prior quarter. most small/micro cap companies that i have been involved in have done some type of release when they were expecting dramatic changes QoQ due to a material event.
i want to believe this story/brand. i think they have the potential to capitalize. but i have little confidence in those running it with respect to their obligations to the shareholders. they may be Kevin Costner purists and think the profits will come if they build the brand - but in the public world, i rarely have seen that happen without strict (or at least very close) attention paid to the investment side of the business.
they also need to be consistent with their facebook messaging and SEC filings for credibility. again, it gives the appearance of impropriety when they talk about deep pocketed investor(s) and then report a dilutive/convertible offering two weeks later.
plenty of shares available for all of those on here that thought this was a screaming buy in the 0.02s... what happened? what has changed since then? where is all the talk about how far this was going to climb?
still waiting on the mystical funding? last round netted a couple hundred thousand that was only enough to cover salaries, option expense for the convertible debt, and shares to cover the "drawings." didnt leave enough left over to cover things like raw materials, manufacturing costs, sales, marketing, or running a business in general. it did manage to dilute the outstanding shares by about another 30% and left another round available that can dilute almost 100% to where the count stands today.
in the meantime, the "drawings" have been "completed" and the shareholders still dont even know what they got for that $150-300K in stock they shelled out.
meanwhile, the insiders are getting options converted all the way down to $0.0009 which is 20x less that what is available to existing shareholders or new investors today.
so - what has changed?
so have i. and while this wasnt cataclysmic - it still goes against what the company was touting on Facebook which seems to be their primary communication tool. going to the capital markets and taking on additional convertible debt that is toxic to existing shareholders is not what most consider "deep pockets" when it comes to an investor.
could be. or he could just have been very naive with message boards in general.
i have seen companies with a total trainwreck of a balance sheet and on the bring of BK make it and be very successful. with the right idea, great marketing, and a viable product - even inept handlers can blunder their way past Wall Street. it just doesnt happen often.
like i said - i am 50/50 on the brand. it is the right marketing. it is a viable category in the industry. there certainly are many players in the functional beverage category all vying for space/recognition. they certainly could make this work if they are legit and right the ship.
however, the balance sheet and financing arrangements do not give any warm and fuzzies and sure make past demons look scarier.
huh...? this has been heavily diluted
looks like the buyers are slowly trickling back in over the last week or two. MMs seem to be shaking the trees. i keep waiting for the low $0.30s but havent seen them. could just be the speculators on 2Q13 earnings getting in a little early ahead of 8/15 release.
someone aggressively trying to keep price down.
there has been a 1MM offer at $0.182 on the ASK most of the day. there is no logical reason to put that out there other than someone/group trying to keep price or volume down.
SSS - can anyone provide some basis?
does anyone have stores in their areas that they can have a conversation with the owners about sales? i have one in my area and I am goign to try to speak with the owner this weekend before the 4th weekend. he had sold several cases but he is the ONLY store i have found it in the SE Michigan area and have seen it nowhere in the areas i travel in IN and OH. i know this isnt a key demographic so it is hard to equate their distribution announcements to actual sales.
if anyone has a store in their area that has been carrying it for awhile - can you have a conversation with the owner/manager on the sales? i have been in sales a long time so this type of cnoversation is easy for me and i know it is foreign to most.
however, if you simply say you are an investor in the company and wanted to ask a few questions on how the product is selling - they will probably be more than open to give you a couple minutes.
same questions as i asked luxe:
how long have you been carrying the product?
how many bottles did you sell a week/month when you first started? how many are you selling now?
is the distributor actively pushing you to sell the product? are they providing assistance/demands on product placement?
are you seeing new customers purchase or have sales flattened and mostly just existing customers?
i havent asked my guy in a little over a month as i have been traveling. i will touch base and find out. however, again, this is only one data point in a non targeted area.
thanks
story here remains the same.
doesn't matter what the potential is for the company or how they are building the brand/distribution for the future. as long as they have to sell stock to finance the operations - the share price is critical to attractive financing for current and long term shareholders. if they do not manage the investment side of the business - the long termers will get diluted out of existence only to have a monster R/s a year or two down the road to attract a new round of investors (assuming the brand building was viable).
luxe may or may have not been genuine in his comments and enthusiasm. he easily could have been completely genuine, investing heavily, and simply not understood how he came across on a message board (like a typical pumper - touting the company line instead of focusing on results/numbers and ignoring the red flags - convertible offerings).
the company just announced another convertible offering for $500K that is once again, rather dilutive to existing shareholders. further, it happened while the company was publicly saying (via FB or to others in email responses) that it had an investor with deep pockets (alluding that they would not need to further dilute). is this their idea of "deep pockets"...? If so - i will be their deep pockets on those terms.
i am still neutral on the brand. as i have written and continue to believe - they have the next two quarters to prove viability. looks like the stock price has somewhat bottomed and telling the company the same thing. if there is not a strict reversal back to last year's trend for 2Q13 (to be reported by 8/15), this stock gets halved again. if it still the same 3Q13 - it gets flushed regardless of how many stores they are touting.
what momentum? what other news you waiting for? the momentum that took this to $0.024 has melted. seems the traders have moved on to greener pastures.
luxe - i dont disagree with any of your industry knowledge or what you are seeing on the street. hopefully, that is playing out elsewhere in the country and 2Q13 and 3Q13 numbers reflect that growth.
the issue with buying now is simply one of dilution. if there is a finite number of shares and that will not change - buying now would be a very good risk assuming the company makes it and is ultimately successful (as you feel it will be). however, the share count has been diluted several times and appears to be on the verge of doing so again. that is where the marathon approach or averaging down becomes throwing good money after bad. it is also THE primary reason that the company HAS to manage this side of the business as much as the day to day operations.
a public company can NOT go to the bank and increase their line of credit and only deal with one or two bank managers. they also can not be forced out of business or absorbed by the bank as the bank is somewhat married to the success of the company once they reach a certain point in lending.
what the market is telling you and the company is they have little to no faith that this company will "survive" under the current share structure and expects massive dilution before the company can stand on its own.
if the private investor is non dilutive and can take them through the next 12 months - then buying now should be lucrative. however, the experience on WS suggests the likelihood of that is very, very slim. that is the stock/investment side reality that is independent of any distribution/sales success they have on the operations side.
again - for me, i would consider buying again (absent of any real news one way or the other) once it breaches $0.01. that is a 10:1 where it was pre movie release and where i expect dilution to really impact on the next round.
luxe - it is about the numbers and what is reported - not "the brand." if the increases in sales you are seeing in your stores week to week and month to month are mirrored across teh country in all of the new stores they are signing up - then the company should report numbers that reflect the exponential trend they were seeing in 2012. if not - they will mirror 1Q13.
you are in the catbird seat since you are directly involved with the brand and have a first hand view of how the marketing/FB media is directly increasing sales. the rest of us simply do not have that advantage. further, a lot of us seem to have a deeper understanding of the investment side of the business and have seen many companies in similar situations get taken out because they didnt understand the investment side OR they were simply sophisticated scams to churn stock.
with the tie ins to Warner, the events they are doing, and making the move to Ann Arbor (if it is legitimate) - these would suggest the company is simply not spending a little money to give the appearance of legitimacy. however, it could also be a rather sophisticated pump. that is why many of us want to see real growth in top line revenues before we invest or invest further. without having your first hand involvement of the brand and using the filters we have at our disposal - this does not present an attractive risk/reward scenario.
i tried the email address again yesterday and still havent heard back from anyone at the company.
shorting continues
70K of todays 248K volume was short
wednesday it was 0
tuesday 166K of the 385K shares traded were short
shorting has dramatically increased both in volume and as a percentage of volume since the movie release. real question is who is doing the shorting. the price will continue to decline as long as the shorting has no demand side buying pick up. i do not see any real demand coming in unless guidance is provided by the company, non-dilutive financing is reported, or until the 2Q13 numbers are released and it shows growth that matches the curve set back in 3Q12. if it is not in that range or stays in the 1Q13 range - the price will drop faster and we will be seeing the price tank harder.
i think this will probably touch somewhere near $0.01 before speculators start buying agressively and try to flip flop the demand and get the shorts to cover for a spike. these wont be long term investors and it is possible those shorting will be doing the buying on the other side to create a run (playing both sides of the fence) to suck in existing investors into thinking the selling is finally over.
long story short - until there is a reason for real, serious, long term investors to start providing demand - the price will continue to dwindle and weaken the company's ability to secure capital and also make it a cheap take over target (if the brand is viable as the marketing might suggest).
That wasn't my point on confidence. I do have confidnce in the company and mgmt and have been accumulating ever since it dropped below $0.25. My point was I am not confident the selling is over. I have a very large, long term position and also shares I will swing if there is a large jump like there was to $0.74 about 18 months ago. If I thought that the selling being over was imminent and there would be a surge as the supply/demand imbalance inverts - I would be more inclined to buy at the ASK.
I agree with your points. This company has a proven product with exponentially increasing, positive, third party research; excellent cash flow with GEHC agreement; seems to be on the verge of new indications for the EECP; is debt free; and is buying back stock. How do you not like that risk/reward scenario?
Bad news the company insiders are not buying(could be because of available open window), there has been dilution over the last three years, and seems to be a former insider unloading 6MM shares. However, the risk reward scenario is still very attractive and I continue to buy. I'm just waiting for shares to come to me.
Wish I could agree or share your confidence. I have seen this seller seem to be at the end of his line 4 or 5 times in the last 4-6 months. The only difference now seems to be the level of shorting. This could be positive if a large hedge fund has been accumulating and wants to continue to do so. In that sense - it would be coiling. However, I'm not ready to go crazy on the BID. It still appears you can get orders filled below the ASK. I continue to buy 5- 10K at a time.
So far today, I haven't had any filled in the mid $0.17range
been rather quiet on the news front with the company. couple of twitter posts but nothing since the PR on the winery acquisition.
Luxe - i probably should have iterated that it isnt whether or not i think the company is legit or will make it as a brand. it is simply whether or not existing/long term shareholders will get any return if/once it does. right now - that scenario is NOT attractive.
i do appreciate your input and responses to questions. however, when investors have to rely on a guy in the industry to get an idea on how the company is doing - that is a major issue and that is the biggest issue preventing this company from moving forward as an investment.
YOU know them because you have met them. I don't know you or them. I can't get them to return basic emails or calls or specific requests that they have a legal obligation to as a public company. If I met you personally or met them there is a very good chance I would feel the same. HOWEVER - I can only rely on publicly reported material and without providing investors details or line of sight on how they get to a ROI - they easily can be construed as charlatans. Your confidence is good to see but the company is failing miserably on the investment side.
As much as you know the beverave industry, you seem to be opposite on the investing side. You are buying while others are selling. You need to know who is selling and why. Further, why buy today if those shares can be bought for half as much tomorrow or less in two weeks? You can keep averaging down and accumulate but if they max out authorized shares and then increase that amount - you get your entire invesment whacked by 50%.
The company claims to have a motivated investor but refuse to provide details on the financing. That is very shady. They may be oblivjous to SEC rules and publicly traded companies or arrogant. But that is a material event and needs to be reported. There has also been no update or accou ting of major holders and inside activity.
I am NOT questioning whether the company/brand will be around in three years. What I am seriously questioning is the relative value of the shares today compared to what they will need to finance to make it to the end of the marathon. In this regard - there simply is a comllete breakdown by the company and I'm not inclined to invest $25-50K because a guy ona message board knows the people. I want to know them personally and make my own value judgments.
Personally - I think I will be able to pick up a couple hundred thousand shares below a penny and trade on the volatility until their top line and long term financing provide a clearer picture. Obviously - that will cause a run one way or the other but right now - the risk is much higher than the reward and the company is NOT managing their fiduciary responsibilities.
Marathon analogy isn't applicable to current shareholders
If they continue to see PPS go down and continue to recapitalize in the same manner - the stock will have to get to $5-10/share just for long termers to break even. The company may be around at the end of the marathon but if your shares get diluted down to 1/100th of their original value - the stock price needs to go up 100X just to recover.
They can't just ignore the PPSbecause they are fo using on the business and can't expect shareholders or new ones to just "take their word" that they have deep pockets that won't be dilutive to the price. They are responsible to the shareholders and even if they have controlling interest, they can still be found liable for civil and criminal penalties if they do not actively represent the best interests of all shareholders.
There simply is NO reason to buy now or before the release of 3Q13 results. Other than swing trading the deep dips (which only increases overall volatility) this is not a good long term investment from a risk/reward scenario. They have yet to prove their marketing approach is translating to revenues (let alone profit) and refuse to provide guidance that provides line of site. Facebook is a public medium and they certainly can use it to disseminate info but right now the company sounds like charlatans instead of businessmen.
I think we will see this drop to $0.005-$0.01 range prior to earnings. There the shares will start being soaked up by speculators and traders looking for quick flips which will NOT help long term appreciation or provide a stable base for securing capital.
The only positive part of the depreciation of the price is it is being heavily shorted on a percentage basis to daily shares traded. If the revenues increase dramatically in 3Q13 then the high share count shorted will help drive the demand side
What indicators...?
The fompany is $5MM in debt, can't raise cash from outside investors, raising internally generated a quarter of operating cash at current spend level (not actually producing anything), have no manufactuing know how or capability, and their two "sales" have been at a big loss. Meanwhile the stock has been diluted by almost 100% in the last year and another 1BB shares authorized. The last round of convertible debt brought share price down below $0.01 to $0.0009 and those shares are being dhmped on the market by long term shareholders thinking "this time is different. " the traders are providing churn and when they move on - the price will drop back.
So again - what indicators?
i have done little DD on les. i have done considerable DD on their past appointments, consultants, special advisers, etc and there really isnt anything to suggest it will be different this time with les. how can a company expect to produce/manufacture durable goods without drawings/prints? it is so ridiculous it is laughable. it is more than likely a moot point.
as far as you getting out at $0.10 - how many people/shares ahead of you will be looking to get out at $0.04, $0.06, $0.08, etc? there is so much real resistance on the sell side that it will take a phenomenal amount of new investors to absorb that supply. they will have to be naive investors to completely ignore the balance sheet, the existing structure of the organization, absurd share count, etc to dive in and believe this company can "make it."
in the end - even if the machine works as claimed - it still is a diesel operated filtration unit on a trailer. there is nothing revolutionary or unique about it. there are also solar powered, self contained units available. while they do not have the gal/day ability on solar - they also do not require diesel/infrastructure to sustain operation.
good luck on getting out at $0.10. i dont think this will get anywhere close to it (without a R/s) but i also didnt see it going back over $0.02 on that announcement so you may get a chance.
from last 10Q:
Operating Expenses:
Compensation and related benefits, including stock-based compensation $394,100 and $202,400 for the
three months ended March 31, 2013 and 2012, respectively
$599,572 $372,560
how many employees do they have? $394K of compensation and related benefits in ONE QUARTER and you think the CEO is just going to walk away from that slush fund...? after the last round of reconverting - she can survive another quarter or two before having to do another round.
there is no white knight coming to save long term shareholders.
that simple is it...?
the CEO is currently taking in $250-500K per year in salary and option/stock awards. she has complete control of the company through voting rights. she has brought in over $1.5MM/year in some years according to the filings. why should she give up control of this cash cow?
so - lets assume she realizes the end is almost near as the only way the company can generate cash is to redo the convertible debt and take them all the way down to $0.0009/share (in last filing). obviously - it cant get much lower so the well is almost dry. they have done it so many times though and they have managed to suck in new investor money on the hope of water being a major play that maybe they can redo it for another billion shares they have authorized (so dont think she is going to leave just yet).
but - for the sake of argument - she decides to leave. so - what is in it for the new owners...? they are just going to assume $5MM in debt, plow another $5-10MM into the company to get a mfg line, raw materials, do the sales and marketing, and get the product out there so that existing shareholders can see a return...? why would they do that? are they applying for sainthood? are they going to ask her to retire her shares out of the goodness of her heart? they certainly arent going to invest $5-15MM to make her a worth tens of millions. why should she retire her shares and walk away when she is bringing in hal a mil a year?
so - lets assume she does retire her shares and they assume control. why would they reward long term shareholders when they are assuming all the risk? why not just restructure the organization and create a new class of shares commensurate with the new capital coming in? since the old shares have $5MM in debt and no assets tied to them (other than one machine in inventory and enough material in inventory for half a machine per last filing) - the reorg would essentially wipe out the existing shareholders through a monster reverse split after using the full 2BB authorized shares and the turned in shares from the old CEO. even the convertible debt would be marginalized. wait a second - that cant happen. so - there goes that scenario.
but, for the sake or argument, lets assume they restructure and keep the same class of shares. lets say they recapitalize the company without affecting existing shareholders or reorganizing the share count. they then sell 10 machines. since they have lost money on the two sales they reported there is no existing GM to go by. however, for the sake or argument - lets assume that they make 50% or $125K per machine. that is $1.25MM of gross profit for the year. however, last quarter they had $957K of operating expenses in the FIRST QUARTER alone and another $500K of interest expense and charge for convertible debt. so - at 10 machines at 50% - they are still about $3.75MM in the hole for the year and that isnt including the added operating costs for manufacturing start up, increased employees, etc. if they sub it all out - their GMs tank and go to about 20%.
now - the bigger issue is there are no long term investors coming into this stock. they are all short term momentum traders. and they could care less about these fundamentals. they get in at $0.016 and they are out at $0.019. in at $0.018 and out at $0.022. so on and so forth. eventually - the supply becomes so overwhelming they can no longer flip the shares and quickly get out and move on to the next play. who picks up the demand from there? long term shareholders doubling down yet once again? nah. they did that between $0.01 and $0.02. why start buying again at $0.03 when you are already so far underwater and could have bought all the way down at $0.001?
so - it simply isnt that simple. it may be for you. but that is why naive investors fall in love with a stock and continue throwing good money after bad.
one more thought: if that miracle PR comes out - you will be fighting to sell your shares higher against an onslaught of converted shares all the way down to $0.0009. those preferred shareholders paid a premium to redo their convertible debt (ie - the limited capital that came in last quarter). they will be taking advantage of every spike to unload those shares to make a return on that premium paid.
good luck in investing long term without using and math, models, or ignoring fundamentals.
Very simple smally boy ceo steps aside, money from d&d for production, and a 10 machine order from gem. That should do it without your math
go to the FINRA site.
http://regsho.finra.org/regsho-Index.html
go to ORF and then click "control F" and type in the ticker you are looking for
so...how does this get to $0.10/share...?
what needs to happen with the company with respect to financing, sales, and earnings...?
and who is saying this is going to $0.10?
shorting continues
20130606|HJOE|61674|0|117374|O
again - almost half of the volume today was short.
You going to back up the $0.10 prediction...?
Who is saying that?
How many machines will they need to sell per year to get there and how many shares and at what cost will they raise capital to be able to build them to sell them. ..?
Or is this just more wreckless hype to coax some new investors into the stock so you can unload your underwater shares?
I have also seen videos "proving" we never set foot on the moon.
All he has provided are reports showing potential scarcity. There is ZERO DD on the financial shape or limitations of the company being able to produce product, and sell at a profit, to meet the supply side for that scarcity. Address the capital side of the equation.
Provide a direct line of sight in terms of capital raising, manufacturing roll out, GM on the sales of machines, and how many machines they would need to sell per year to get to $0.20/share and sustain that price...THAT is DD that matters. Not hyping the demand side of the justification for being in the business.
Trade away and make money on the swings but don't spin tales of long term riches without justifying the predictions.
Another reality check...
If a country/community can not afford $200 for a simple well where aquifers are available - how are they going to afford the $250k for this machine let alone the ongoing diesel costs to run it...? For that matter - where athey going to find the diesel?
If grants are available - it makes considerably more sense to dig hand pump operated wells than drop ship this machine and diesel. This was "designed" for emergency response - not a semi permanent water plant. Further, it is vastly limited as a response solution unless there is direct and immediate access to diesel that is stored for emergency purposes and the infrastructure and equipment is available to get the diesel to the machine.
WHO ie calling for this to be $0.20. ?!?
Provide one link or analyst who even has a recommendation/following this stock let alone a price prediction of $0.20. I am referring to an analyst - not a paid promoter.
This company only has enough cash on hand to produce ONE machine and that is assuming they spend NO MONEY on their current SG&A spendings.
The only capital they managed to raise1Q13 was through convertible debt that pushed roughly 300MM unrestricted sharesbelow a penny and a lot of those below $0.001. In return - the company generated enough capital for 1- 1 1/2 quarters of capital to fund their operating expense WITHOUT producing machines.
Over $5MM of unproductive deby and most of that is convertible.
CEO completely controls company, has no manufacturing experience, and a history of failures at this level (PSWS and CPCF)
The company still has not provided any update on new capital for inventory/sales.
The company just so nt $150K of stock for "drawings" of a machine that supposedly had been in production and beyond a "developmental stage company" for over two years accordingly o its filings. How do you manufacture heavy equipment WITHOUTdrawings..?!
The company has had a never ending string of high profile advisors, consultants, and sales/distribution agreements that have provided ZERO return.
At $0.08/share and 400MM shares outstanding - the company would have had to sell 100/year at $250K per machine and 50% GM to justify $0.08 at a PE of 20. They now have about 1BB shares and less cash.
The three "sales" they reported in their filings had negative gross margins. IE the cost of the materials were more than the price they sold the machines for. That means they were losing money BEFORE factoring in their bloated overhead. One of those sales were never completed and they issued well below market shares in lieu of the deposit since they did not have cash on hand to refund the deposit.
So - WHO is saying this is worth $0.20/share?!. You may make money trading it around the P&D momentum plays but there is zero, long term sustainability or fundamentals for the stock to trade at $0.02/ share let alone $0.20 or $10-20.00 as anoher poster on here claimed.
short trading continues to be high as a percentage of total trading. almost half of today's trading was short. 30.4K out of 64.5K was short according to FINRA.
this is where the lack of attention to the business side is critical. if 1Q13 was an aberration due to production shift to Ann Arbor, it would be very simple and high impact to investors to put out a PR saying they "are expecting revenues to be in "x$" range and continue the growth trend exhibited in 2012 prior to the production shift to AA." this can continue to be shorted sub penny and then the access to capital becomes very, very expensive and very dilutive to current shareholders. even if the company finishes the marathon - those long term shareholders will not recover.
the company MUST manage both sides of the business. i still have not had anyone from the company contact me after four attempts (three through the website). that is NOT encouraging or inspiring. again - building the brand wont matter if the company is leveraged out of business before they have the chance to turn market share in a bonafide segment into earnings.
Luxe- can you take pictures of the HJOE booth and post? Also -ifyou ha e pics of other competitive booths for comparison it would be appreciated.
I don't know much about social media trackers, paid followers, etc but if they are using number of posts as a determining factor for being real or not - they could be way off base. I have had a twitter account for several years and ha e posted 1 time in its entire existence. I use strictly to follow companies and their social media presence. According to the metrics sighted - I wohld be a fictitious user. Its about the same for my facebook account.
One thing others should be aware of is the large shorting going on with HJOE. It has represented almost 50% of the total volhme several days since beginning of last week. It has been heavily shorted throughout May. Check out the FINRA site to view reported short sales on the various exchanges. Easy to short these types of companies into oblivion and wipe out investors. Being a penny stock with convertible debt - it is easg to see why one would. With the sales and marketing - it can be a big liability.
Announcement today should definitely improve gross margins going forward. Have to see the terms of the deal to understand short term effect but long term it looks good
I don't see it happening either but I wasn't expecting it to drop down there to begin with either. I habent seen much from them on Twitter recently.
Masala - take a look at Kessler's time at CPCF prior to coming over to PSWS. Same ruse. Take a "hot sector" and pump a concept with hype, hope, promise, and innunendo while paying yourself $500K to $1.5MM a year in compensation and calling a majority of that compensation performance based.
This company doesn't habe enough cash to build a single machine let alone build the thousands it would take to provide a meaningful return for long term shareholders (not the ones trading the pennies). When the momentum finally dies out of this run and it goes back down to $0.001 where it was trading prior - these posters will be long gone expect for a few bagholders here and there wondering how they missed the signs...
i dont think i am going to get any more in the low $0.30s. but i keep trying
luxe - i dont think anyone was inferring that but i do see how it could be construed as such.
while you are at the show - let me know who is distributing in the Michigan, Indiana, Ohio areas and how many stores they currently have it in and what kind of turns they are seeing. in my town (Milford, MI in Oakland County, MI) i have only seen it in one store and it was the owner who turned me onto the product (after discussing Panache Beverage/ Wodka Vodka with him). he is also a shareholder though limited. he is not a big stock guy and in his words "i really dont know much about the company but my rep was pretty excited about the product and it sold quickly, so i bought $1000." that was probably when it was trading at $0.15 or maybe a little higher.
this guy has a very large inventory of diverse beers and liquors (liquor store only) and is pretty up to date on what sells and what doesnt at the counter. he also has a lot of customers that will special order for him and/or will walk in every week and ask him for a recommendation on a wine or a vodka. he is the type that if he recommends something - they will buy it.
i would like to know how many distributors are pushing it in my area and where they are concentrating their efforts.
interesting BIDs today
for a short time there was a BID for 150K at $0.175. it was shortly replaced by a BID for 10K at $0.1751
ASK moved from $0.183 on the close to $0.185 and two offers for 90.9K and 50K. encouraging. only 2K shares traded at BID but the offers are slowly starting to look like we may finally be getting off that long awaited bottom
this is potentially a very important PR.
being held at McCormick at the end of June. curious if they just decided to do the show or just announcing it. they tend to announce a month or two prior to these shows and this is only a couple of weeks. wonder if they are a late entry.
interesting wording by Hui in the release. definitely too early to read anything into "yet" but for a very conservative company - this does make me wonder especially with the late announcement. maybe they have some very favorable results coming in and decided to do the show based on those results? purely speculation but it is interesting, yet subtle, change to their normal wording and also advanced notice for these shows. further, they have been concentrating on foreign shows this year. obviously they take a lot more planning/time than chicago.
"While currently EECP Therapy is FDA-cleared for treating patients with certain cardiovascular diseases, clinical studies suggest that this treatment has additional beneficial results when used for patients with diabetes, although it is not a cleared indication yet," stated Dr. John Hui, Chief Technology Officer of Vasomedical
this is potentially a very important PR.
being held at McCormick at the end of June. curious if they just decided to do the show or just announcing it. they tend to announce a month or two prior to these shows and this is only a couple of weeks. wonder if they are a late entry.
interesting wording by Hui in the release. definitely too early to read anything into "yet" but for a very conservative company - this does make me wonder especially with the late announcement. maybe they have some very favorable results coming in and decided to do the show based on those results? purely speculation but it is interesting, yet subtle, change to their normal wording and also advanced notice for these shows. further, they have been concentrating on foreign shows this year. obviously they take a lot more planning/time than chicago.
"While currently EECP Therapy is FDA-cleared for treating patients with certain cardiovascular diseases, clinical studies suggest that this treatment has additional beneficial results when used for patients with diabetes, although it is not a cleared indication yet," stated Dr. John Hui, Chief Technology Officer of Vasomedica