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they are desperate and hopefully by the end of the week reality will set in and they will move on.
Look at these MM's acting the fool, stay strong people don't panic into the 56's.
Nice close, congrats to all those that held strong and didn't panic. The future holds more riches.
Not much left till .005, grab the 4's while you can.
What he said, they won the lawsuit and their plans of acquisition were real. Unfortunately the seller was flakey and it did not happen. This is not your average pinkie, the management has history and they plan on growing the company. They don't post misleading press releases for the sake of a quick pump so all you waiting for a PR, relax and hold.
Very true. I'm sure lawyers are involved and he wants exact dates, lol. Only thing you can guarantee with lawyers is the bill. He needs to get back to the pinkies fueled by BS press releases and he can get one a week.
Visit Frank's website, his plan is not to be a volume distributor but a web store.
Again, same story with CAGR. Started out talking big distributor business and was nothing more than a supposed store in the basement of a low traffic building.
$363K market value with zero sales where do you go from here.
Good Friday close, strong hands will keep the shorts and games away. Let's hope for copper by the end of next week.
Strong hands just picked up another mil
I'm right there with you. Out of powder but loading up for more shares. My entry point is low and I guess I'll be averaging up as odd as that sounds.
OTC the land of instant gratification.
There are a lot of shared in hands holding for higher levels. If somebody wants in at this point bid sitting will not get it done.
Flippers are making some money but i'm sitting on my shares and waiting to make some real money. The day will come and those flipping for a couple hundred bucks will be sorry. Too many small scared fish in OTC land, get scared at a drop and start bid wacking.
Volume dying, chatter dying, SANP dying
Yep, round 2 first wine now cigars but same story. In the wine business the whole model was based on one store not distribution like stated.
Just went to his website and thought he was a Chinese distributor now looks like he's running an ecommerce store.
I don't know about seminars buts it's how small Frank is. He used to tout wine deals at single hotels like it meant something. Distribution is about a large sales force covering a large geography and he'll never do it.
Van Man, tell me what brands he will be selling in China.
Go back and read my last couple posts. Import market is small and that's mostly Cuban.
Frank doesn't have the money to fund the proper distribution plan assuming he can get access to brands not already there.
I added another million shares on Friday. I'm hoping this is different than other otc stocks in that the management team has experience and they don't put up BS press releases just for the sake of pumping the stock. I think their intentions on the merger are for real and hopefully they will execute.
I haven't checked in a while any idea how many shares are in toxic hands? Then again with the first run day volume most of those may be gone.
Stock price is done company never got started.
There is finally something here and folks are talking chit already. Stick was almost $1 on airtronics and this is a bigger deal
Do some research titan, i put the important parts in bold to help you lol
Import of cigars is restricted by the government and its State Tobacco Monopoly Administration (STMA). According to the consulting firm Euromonitor International, foreign cigar brands account for only 1 per cent of the market. Those products are at the top of the premium segment. Chinese cigar smokers predominantly buy domestic products. Those domestic products too, rank in the premium segment.
In recent years, domestic cigar brands have been improved with regard to tobaccos, overall cigar quality, brand spread and mode of sales. An improved domestic product has established itself against imports.
There are four domestic cigar companies in China, the largest of which is Chuanyu Tobacco. Anhui Tobacco is number two, in terms of volume, followed by Hubei and Shandong. According to Cigar Ambassador, Chuanyu operates the biggest cigar factory in Asia.
Chuanyu accounts for 50.5 per cent of domestic cigar volume and 60.6 per cent of sales, followed by Anhui at 33.4 per cent of volume sold and 24.5 per cent of sales revenue. Hubei owns 15.6 of the market with 13.9 per cent revenue of sales and Shandong is a bit player with 0.5 per cent of total volume and 1 per cent revenue. Shandong is the second fastest growing cigar company in China, having expanded nearly 73 per cent in 2012 from the year before, according to Cigar Ambassador.
Hardly the bottom, there is nothing here. You have one guy with a name and a symbol. There are no sales, no cash to finance a business and no real business plan.
This sounds like CAGR all over again. He's going to distribute in China where there is a large market. With CAGR, it was California wine and most of the wine imported into China was from France and the low end to the local wine makers with little market for California. Couple that with no wholesale distribution and boom out of business.
Now take cigars and do your research. He touts a big number but again most cigar imports are from Cuba with a good portion of the rest of the market locally grown. Sure there will be a market for the boutique makers but again, what is the wholesale distribution plan and staffing? Want brands will he be selling that do not exist there today making it an even smaller market?
many of the well know cigar brands are controlled by a couple large corporations and I'm sure they are in China already. That leaves only a handful of worthwhile boutique makers that very well could be there already too.
GLTA and sorry if you bought above .0001 but if you hold long enough, I'm sure Frankie will find a way to run it up again. He needs cash to live too..
Bid is climbing, they realized 4's aren't getting filled. Too many strong hands.
what idiot just bid wacked 47
Good volume, scared money out early, time for a nice run.
Well my stop order triggered, was hoping that wouldn't happen. Long fall from the day's high.
Well written and Frank doesn't have the capital to hire a staff in China or finance any type of distribution other than the redistribution of cash from your pocket to his.
The pump is over boys, wait for the slide. He will give at least one more run though with a BS PR but might take a while.
I had gdsi in the 80s would be nice to see it get back there again. The management has potential and a lawsuit win against Kett would be even better.
Email Frank and ask him to stop bid whacking, there is no future so he needs to cash out when he can.
Yep he's a dumping machine, i'm sure he's even surprised it happened so fast he didn't have to work at this at all
I thought his wine business was in China?
Couldn't be Frank he's trying to build a business. LOL
Ok I looked, didn't see any sales figures. If you understood the players in the cigar industry you will realize the available market for a scammer Frank is much smaller than numbers being thrown around. That's assuming he has the relationships he claims or insinuates.
Going from memory he mentions Rocky Patel and trust me they don't need Frank and neither does General Cigar or Altadis. Then if you look at numbers you'll see Chinese smoke Cubans on the higher end and domestically grown smokes.
Any importer in China with a sales force can call Pete Johnson or Room 101 or any of the boutique brands and import directly. What is Frank's process for selling to the local dealers as a distributor?
This is a good ol pumper for Frankie but him saying there is sales does nothing for me.
I would be interested in hearing more about that revenue.
You guys had a nice run but there is nothing here.
Couldn't be Frankie dumping shares
And Cubans are their preferred cigar with local stuff for the budget crowd.
There is no business plan in that restating of non relevant info.