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Ore?? it was the deja vu episode! As soon as I said that, it took off running. So far, it is all coming true.
Duh, you buy the ask, and it goes. So simple. Sit on bids for 8 months and it goes nowheres but down. Buy the ask and it flies. Proof now for sure that bidding a stock is not buying a stock, it just prolongs the time for it to go lower. Only 118K on the bids since the beginning of the year. Over 1.5 mil on the ask. Nobody got ANY position of size sitting on the bids after the first of the year.
Look at the chart for the past two Januarys going into February. Monster runner time. We've only just started. The real volume has not even come in yet.
Who knows, this could be just a couple of people who might know we got Labatt. What will happen when 250,000 people all try to buy on a 5000% increase in revenues overnight?
I did the math on the deal. If they get it and have to issue 100 mil shares, at a 30 PE on 14 cents EPS, it goes to $4.20. If it ends up a 50% equity deal, it goes to $2.10. We'd have to look at how it plays IF they get it. But again, this is all IMO as I'm guessing on the purchase price and assuming no strange parameters. Of course, I'm also assuming we are bidding it.
I'm banking on Johnny's 100% call. Nobody is saying a word about it. If I said 100%, you guys would be writing Patrick again screaming pumper. Instead, it's all quiet. Usually a great sign.
Huh, this says different.
http://www.cnycentral.com/news/news_story.aspx?id=248526
Phils?? I wouldn't push so hard for the Guerilla Mktg 101 plan if I knew it wouldn't work because it does. I went into a liquor store back in the summer and it was nice to see TSPV, Trump Flavors, OWR. I didn't look for the Cohete, Damiama, or Aquila but I would bet they are there. I was tickled to see the Trump brands and grabbed some Raspberry. When I was checking out, it occurred to me that this was a small town of like 1500 people. Small liquor store. So I asked the manager about the Trump and he said it was actually selling. He said he would have never thought to order it but a couple people popped in the store and requested it, one of them a huge shareholder and maybe employee of the company. He said he would be buying it if no one else did.
So, if that works, I'm all for it! Like Kenny said, if you can't find it anywhere, that's a good thing. It means people are looking and we have mountains of growth ahead of us.
Great job Thirst! Everyone just assumes they will get a negative response. Funny how you get just the opposite.
By my calculations, he can crank about 800% profit on the Olifant. 1200% on the 1.75's. I'd say he should be ordering by the end of the day if not sooner!
You might get your wish quickly. Up before Gov. Paterson and Legis. is a change in the laws for NY to become like many states and allow consumers to purchase liquor in the grocery stores. Plastered all over the news today I'm told. If it happens, it will quickly and make for certain ALL of Drinks' products will be available in one location. Plus, sales will increase as a matter of convenience alone.
I did over the weekend Boston. The Raspberry is awesome. I have not tried the other two. Folks did try both at the meeting and said they were great. I have some orange. I will let you know. I want to make this stuff last and it's hard to!
28 Sales Brochure items added to website Friday. Good stuff
http://www.drinksamericas.com/files/Olifant%20Brochure.pdf
Absolutely Phils! You remember back in the beginning? Everyone saw Trump coming out and it was hot. Many people went to try to find it. When they did, they loved it, the stock went up. The more it went up, the more Trump they bought and drank. When the stock collapsed, then shareholders sold and stopped buying Trump.
It's the same way again. New products and a whole new ball game from the bottom.
Also, you want an instant audience of 150 million people?? Everybody start putting DKAM as your favorite stock and the products as your favorite on your Facebook page. Don't have one? Get one.
Correct Phils! The other point is, that if three or four local package stores call a distributor looking for product, usually a distributor will go ahead and order sufficient quantity for other stores without them even calling.
The point was to let the package stores dictate to the distributors that it was time to find out what all the buzz was about instead of a liquor company calling them telling them a buzz is being created. One is a sales call. The other is a call to Drinks to make a sale.
Grass roots time again. Simple yet very effective strategy.
What one item increases sales for companies the most? Demand
What is second on that list? Availability
How do you increase demand? Advertising and word of mouth.
How do you increase availability? Once again, demand
As they say, if you love something, you'll tell a couple of friends. If you hate something, or feel you've been wronged, you'll tell 5-10 times as many others about it.
If something is hot, you tell your friends as if it is some sort of secret the world doesn't know about.
The world of beverages is a two fold sales process. I can tell you right now with 100% certainty that every distributor in the world doesn't pay a bit of attention to advertising. Theirs is a two fold process. Buy what they think will sell; buy what their package stores are asking for.
Every shareholder out there can take one hour for this investment. That is all it takes. 2000 shareholders take a few minutes to make a few phone calls.
2000 shareholders, an average of 40 per state. Look in your phone book or online. Find your larger liquor stores and call them first.
I don't care if you say you're hosting a large Super Bowl Bash or you just need to see product in the stores. You've tried it and it is hot.
Be forthright. Be demanding. Tell them you and your friends have come across some hot products and you need to start buying them from them instead of continually ordering many cases a month online. Ask them if they would like your business or would they prefer to continue to lose it to the internet?
Then, give them the list. You want Trump Vodka, Trump Flavors Party Pak, Leyrat Cognac, Olifant Vodka, and Topless Sparkling Vodka. Insist they call the distributor as soon as possible to insure availability. If they ask who it's made by, tell them you're looking at a Leyrat Cognac and it says Drinks Americas, Wilton, CT. If you want to throw in that it's 50 Cent's cognac or Dr. Dre's Topless Sparkling, that's your choice.
2000 holders, 5 phone calls, 10000-20000 cases of each. That is a shade over $33 million in sales to be had at 20K cases per.
Think about it, the sales process begins and all these accounts have to be called with a couple of people making the calls. 2000 people take a few minutes and they just increased the company's sales for the year by 600%.
It will take care of itself from there. Oh, yes it will. Don't waste alot of time talking about how awesome the products are or it will sound like a sales pitch. Make them feel like it is about to be the craze and they need to get some in immediately.
If anybody asks you what it sells for online, it shouldn't matter to them because somebody OTHER THAN who you are talking to will set the prices. Just go with $12.99 for Olifant; $29.99 for all Trumps; $33.99 for Topless; and $59 for Leyrat. Close enough.
Everybody is on vacation tomorrow. Take an hour to make some calls.
Yeah Gink, important for everybody. Most folks will have their bourbons and whiskeys on the rocks. Most folks would never think of vodka on the rocks as often. But a true testament to the flavors and how good they are is doing just that. They even had the PN flavored beverages there as mixers but it didn't happen. I think that's why the Vanilla went over as well as it did. I got home and did the raspberry Olifant with cranberry ginger ale. Superb. Gonna play with Willie later today! lmao
Olifant all over Europe and even in Australia. We need to raise prices. After all, Australia did. Gimme a break. Buy it for $10 and sell it for $80?
http://images.google.com/imgres?imgurl=http://www.diamondliquor.com.au/imageright/rotate.php&imgrefurl=http://www.diamondliquor.com.au/index.php%3FproductID%3D381&usg=__J6wV-Ee-km6YdBX2qVixdwAv0IA=&h=170&w=250&sz=18&hl=en&start=15&um=1&tbnid=myzUACJpz5aj0M:&tbnh=75&tbnw=111&prev=/images%3Fq%3Dolifant%2Bvodka%26um%3D1%26hl%3Den%26safe%3Doff%26rls%3Dcom.microsoft:*:IE-Address%26rlz%3D1I7GWYE
Watch Chris Lighty and Ryan Schinman here in case you missed this week's episode.
Too funny that freakin Cornbreadd. Quote of the week, "Well damn!"
http://www.mtv.com/videos/50-cent-the-money-and-the-power-ep-9-knowledge-reigns-supreme/1602225/playlist.jhtml
Hey, my bad. I thought you were at Trump Plaza NYC. I didn't realize you were on the DKAM Casino Victory Tour. Most celebrities take a break between tours! You just finished the DKAM Liquor Tour. Any groupies you wanna share? Better stand back!
The Art of the 360 Deal. Kenny used it and said it's the way the industry is going. Here is where it's explained. Interesting Madonna on the hook with Live Nation:
http://www.nytimes.com/2007/11/11/arts/music/11leed.html
Now we see Jay-Z on the hook for a 360 with Live Nation for $150 million:
http://www.mtv.com/news/articles/1584696/20080403/jay_z.jhtml
Of course, Violator and Chris Lighty founded the business on The Art of the 360 Deal.
But, it seems the world is getting even smaller. You see now that Warner Music is signing every new artist to a mandatory 360 Deal.
http://www.freerepublic.com/focus/f-chat/2130189/posts
Reading that article we see Edgar Bronfman mentioned yet again as I highlighted last weekend. He was Kenny's boss when Bronfman ran Seagrams.
But looking even closer in that same article is the name Shep Gordon. Interesting to find this from an old DKAM filing:
"We have entered into agreements with DAS Communications, Ltd. and Shep Gordon of Alive Enterprises. Both David Sonenberg, who controls DAS Communications, Ltd., and Shep Gordon are shareholders. We believe that these persons can provide access to entertainment personalities and will help us to develop and access unique marketing and promotional opportunities for spirits and beverages. Our relationship with Shep Gordon has resulted in agreements with country music "icon" Willie Nelson and Chef Roy Yamaguchi and introductions to other promotional resources. Under our agreement with Mr. Gordon, which we entered into in December 2002, he will provide us with marketing advisory services through June 2008."
Here is what he has done:
http://www.imdb.com/name/nm0330607/
Of course, now we have Platinum Rye to take us to an even greater level in iconic branding.
http://www.platinumrye.com/
I also highlighted Bronfman and his Board of Directors affiliations. Here is one I missed:
http://www.efluxmedia.com/news_Frank_Sinatra_Enterprise_Created_11147.html
Dead icons (legacies) like Elvis? Yes, a lot of money to be made. Just like that CXKE stock.
The point is everyone. We are a part of the 360 wheel now for every major artist in the world.
Critical mass. Exponential growth. There is no stopping this thing now.
22 cents? Yeah right
Rilo!!!!!!!!!! Run over to Johnny's place and shake his hand. Take him some Grape and some of that special Elephant you're carrying around. He is only 15 minutes from you at TP.
What was awesome beyond that $1015 tab for dinner Thursday night at Bennetts was the waiter. When asked if he had Trump Vodka, "Of course we do!" Do you have flavors? "Flavors are out? We will order them tomorrow." Then I told him we bought Olifant and had Topless and Leyrat coming. I gave him a list and he said the General Manager would order them all. He said, "With the guests we get here, if Dre or 50 Cent has a cognac or sparkling vodka out, it will sell huge. 50 Cent's place is just up the road! We sell a lot of the Trump. I know for a fact the flavors will be a great seller."
Grass roots baby!
Awesome Rilo. If you do that, I guarantee you "Marvin" and a host of others will be there to take pictures. And you know as well as I do, Marvin will get you on stage and backstage passes and to the after party. That is a given.
Let's do it!
It was nice to see Ryan Schinman on this week's episode of 50 Cent: The Money and The Power on MTV. I guess once again all of you missed it. Chris Lighty on again also. Ryan was introduced as "the top talent broker in the world for Music, Movies, Sports, and Entertainment." His job on the show this week was to further critique the contestants presence and their business plans. He and Lighty didn't mess around quizzing the contestants on those things you may not know but need to about 50 Cent.
Like:
His birthday...July 6
His childhood nickname...Boo Boo
His first album on his Shady/Aftermath/Interscope debut, Get Rich or Die Tryin' sold how many copies the first week....872000
His first tour was called .....Mixed Tape
His High School...Andrew Jackson
I even took note of how Schinman singled out one contestant as the ONLY one to wear a tie! LOL Right Rilo? You and I is all I saw. I made sure I wore Black coat, silver slacks, white shirt, and purple tie.
Yes, I went Topless!
But seriously, it all comes together now. Schinman as the broker funnels the clients right to Kenny. Lighty sets up the other half of the equity deal including managing, media, and promotion plus half the import label. The artists bring the end thrust of the promotion. It is as Kenny said "THE ART OF THE 360 DEAL." You are seeing it now as he laid it out and "clued" us into back in August.
That was my original point I made yes! He would have said no on the CC and would have said no at the Shareholder's Meeting. Maybe not. I'm not sure how professional courtesy works in these matters. I just know if I was trying to buy something myself I wouldn't say, "Hell no! I wish I was" if I was up to something that was for the betterment of things all the way around. I would just say, "No comment." and continue to talk about how acquisition will grow things for me.
Isn't that exactly what happened? Twice?
Well, Boston, you must know more than I do! I didn't even know we were bidding it. It makes sense for us to though. In fact, I took a case of Labatt Blue Light with me to the shareholder's meeting. We'll save that story for the ones who traveled all that way! LOL
As was said already, the question was asked of Kenny at the meeting about Labatt. And it was answered the same way. The only thing I will add as was already said, you can gain a whole new respect for people when you read them through body language and their way in person. That was a big bonus for all who attended.
So for that, I will reserve how I feel about things from the following: The Board spent a good 60 minutes with everyone after the meeting getting to know everyone. It was a good time. Then they all adjourned upstairs to a private meeting room for the Board Meeting. That lasted maybe 45 minutes. Then every one of them all came back downstairs and every single one of them was grinning ear to ear. And....off they went without coming back to those of us who were still there.
I doubt they were telling dirty jokes. But who knows.
Now what could they ALL have been smiling about??
Being re-elected? I doubt it.
LMAO! I just saw I said Lexington. It is actually Louisville with a great distributor there that INSISTED Kenny give him the first cases to hit the docks. That sort of enthusiasm is beginning to grow and will only get stronger.
Yes, a key kicker at the meeting. 5000 cases of Topless sold off the press releases alone. That is a great sign as that is what happened on the initial introduction of Trump. Before any coordinated sales efforts and making the distributor base aware of its arrival. When they do, bamm! way more.
Excited to hear of the new distributor in The Bahamas. This is all those "day to day" grind things that make the business go.
One thing that captivated me and no one will get until the analysts come on board in the "several dollar range." Kenny's analogy is a good one that they DO NOT WANT the cereal box icons that will come and go. He said he is creating brands that will be around for 50 or more years as they are "family" brands. His analogy was that Dre's kids will have the brand and his grandchildren will have the brand. Then it hit me that it's not much different than what Paul Newman is doing or Elvis or Frank Sinatra or a host of other past icons. The name lives on. The brand lives longer.
Also, Kenny seemed rather excited on their strategies to move Olifant from $1.5 million to $2 million to $5 million very quickly. The gin was there. Did not get to try it but have heard also very smooth. I see the others loved that Vanilla also. I can tell already that the Trump Vanilla Creme will be a big seller.
More to come. It's one of those things again and only if you were here would you "even get it." I have never in my life felt so certain of an investment. I can see now why the likes of the Yahooligans and a few here are entertainment and fodder for management. They know exactly what they have and you could not only sense it, it slapped you right in the face. Even why any of us bother to post really. I would almost actually prefer we as the initial owners just go away quietly and hide. I'm serious. No reason to post anything because it's obvious what is going to happen from many people's perspective. Let someone else do all the work. I would say two years from now it will hit most people in the face when they look back and say they cannot believe this stock sat for two years giving everyone in the world two years to load up the truck while the whole world's financial markets were melting down and they will be kicking themselves as they cannot buy it at 50 or 100 times the price fast enough.
Actually, I'm rather excited. A weekly MACD cross. The stock was either unchanged or UP on 14 of the past 15 sessions since Dec. 23. The stock was up 62.5% YTD. You had a beautiful 50 ema break AND a 200 ema break on increasing volume. Today's paltry volume on the second lowest volume of the year served to reconfirm those levels and backtest the move. Certainly if anyone took two seconds to look, this stock has yet to see any REAL volume come in to the stock. Yet, so far this year, 1.2 mil shares came in to buy on the ask against 110K hitting the sell side which is still a 10 to 1 buy to sell ratio and over 90%. You can easily see as I've said many times that there is no liquidity to the upside. Anyone who steps in now to move the stock higher can have their way with it and take it to 70 cents on less than 1 mil shares and over a dollar on less than 2 mil shares. It's that simple.
I will add this before I head out. Thx first to the others that have added things. At least I wasn't alone in the impressions these people all added. You probably saw Equiti-Trend on yesterday's PR. These will be our golden boys I believe. I got the sense from PK's comments "they will be there to aggressively support the buy side equation" that this is the furthest thing from DME they could have ever hoped to accomplish. These Mahoney guys will be on a mission with research reports, BUY ratings, and targets. They obviously know that certain groups are eyeing entry at 50 cents and a dollar that are restricted from playing otherwise. So, for me, I am expecting them to take charge in an investor awareness campaign that does or should involve a run up on the stock from intense buying. After all, that's what buying does and we've seen stocks like ours do it over and over for years. In other words, don't get caught without your shares or you'll be begging and screaming for them at X times the price. And I could never be more serious about this.
First report from the meeting. You do realize this WAS the first formal shareholder's meeting?
It was phenomenal. I could not have imagined assembling a better class of individuals in one place. Our board is first class. I can tell you right now, there is absolutely NO indication this stock should be on the OTC other than for the shareholder equity and price. It really had the air of sitting in on a Fortune 100 meeting but with an air of familiarity you only get with good friends becoming great friends.
I won't go into a lot of details now about individual nuances and questions.
First, there is no way Kenny or anybody is going to give anything on Labatt. We know that. We'll know when we know. In fact, we all decided we weren't even going to ask. But somebody did anyways and that's fine. Once again, no denial and once again the deferral to the fact they are in acquisition mode and whether it is Labatt or some other popular brands like that will only add to the value of Drinks in the near and long term. Just sit tight. It is what it is. None of us know anything, I can assure you.
Second, Kenny seemed to indicate a Shareholder Letter "Progress Update" is coming on where they stand. I really wish all of you could have been there. Seriously. Kenny was right. When you have face time to listen to him and the board talk, you gain this incredible new found respect for what it is that the company is pulling off in this sector.
Take the glass for instance. He has spoken to the "delays" in China on getting glass to fill orders. There is the rub. It is not delays in China but a complete retooling and ramping up process to IMMEDIATELY fill 75000 cases of product immediately shipped to Israel, and then the shipments to Germany. It is a massive undertaking but it is happening.
Third, you already know Olifant is closed. We met Jack. Super, super guy. He will be a strong addition to the Drinks team. And I tried the flavors of Olifant, and for me the Vanilla was out of here awesome. Such a rich vanilla taste. I can tell you right now, in this economy at $11.99, it blows away the competition for taste in comparison to those at twice the price. This brand will do well.
Fourth, OMG!!!!!!!!!!!!! Topless is stunning. I'm telling you gang. This stuff rocks the world IMO. What an awesome taste and a refreshing change in what we're used to. The finished Topless bottles were on display but for trademark purposes and to protect Dre's interest, no pictures were allowed. It will definitely be a striking presence on the shelves.
Fifth, I did not get to sample the cognac as EVERYTHING of Drinks' offering was out for sampling. One of our iHubbers won a bottle of Leyrat for coming the furthest, over 3000 miles. I'll let him report back here on how great it tastes. The first 200 cases of Leyrat went to their big distributor in Lexington. The rest to their distributors around NYC. So, I'm expecting two of you here to report back ASAP on the taste and make sure you call the local stores to get it in there!
Sixth, so much going on in my head trying to put all this together. I will add that every one of the items before the board did pass by overwhelming majority. I won't single out one individual for any ridicule but I do have to draw back to the question from the Q&A session. It was something to the effect of, "Don't you think raising the outstanding shares from 100 million to 500 million is a massive amount of dilution for the company?" Kenny just stared at him in disbelief and said he really didn't know how to answer that. So, he backed up and once again talked about the fact it is just putting checks in the checkbook so they can buy what they need to when they want to. The whole situation though still makes me wonder just how many people truly understand these companies and how all this works. In other words, some people just don't get it.
Seventh, I'll have to come back and give you some other things that are going on behind the scenes with promotions, sales, new distributors, and products. One thing Kenny did say is we are solidifying a presence with something for the Super Bowl. Everyone else will have their own conversations to report back on. Remember everybody, and this is crucial. We're not going to find out any inside info or something that is not in thepublic domain or some secret that is going to take the world by storm overnight. The key though is that in talking to folks, many times they say something they would not normally even think was something outside the normal day to day grind of "doing business" but it actually could be so much more than that. Just listening to Kenny talk about what it takes to deal with some of these distributors, and just how much goes into actually putting a product on the shelves, you will have a new found respect for what they are doing to this point.
I'll be back. So much to do here.
It's a buy. OMG is it a buy. These guys are so far beyond in their heads what they are showing us and the markets today, I can see why they do get irritated at "the tick watchers". Short term is September guys. Long term is 2011. Remember that, I'll be back with more and so will some others.
Yeah, I understand completely. Hasn't had a pre market trade in months as it is. Used to get them all the time. Just as well. The last time it did, it created a gap on the chart which they ultimately came back to fill. They never leave an opening!
LMAO! Even better .12x.22
Bid .15; Ask .22. Thievery at its finest.
Hard to avoid going in on DKAM. Says it all here in one easy to read place without pawing through all the links and stories.
www.drinksamericas.blogspot.com
Also on Drinks Americas website, front page. Article from the Wall Street Journal Sunday that cites 300% growth rate this year. I cannot find a stock anywhere on any exchange calling for 50% growth, much less 300%.
www.drinksamericas.com
It is a compelling story that anyone would be foolish to ignore. They land the Labatt deal and sales rocket 5000% overnight. Any time now. Any time.
Bigz, DKAM in WSJ citing 300% growth. Nobody saw it. Just catching interest now. Only starting. Cannot find another company calling for 50% growth in this economy much less 300%.
From Sunday. Link on front page:
http://www.drinksamericas.com/
Yeah I was playing around again with those sales numbers. Kenny said on the initial PR 32000 cases and a 50% improvement on that. So for grins let's say 50000 cases. I was able to ascertain that Olifant ships 12 bottles to a case instead of 6 like Trump. So, Trump is a 600000+ bottle seller. So is Olifant now.
Most of these retailers are running out Olifant discounted at around $125-$145 a case. That means we are sending it to distributors from anywhere between $50-$80 a case. So, Olifant will bring us $2.5 mil to $4.0 mil a year in sales.
That might have something to do with today's pop. Our sales almost doubled and if I'm not mistaken, Olifant is profitable.
I believe you're right. Remember my exercise from the other day. They were blocking with the other side of hidden bids. Then the buyers jumped over and several MMs got caught with 5000's naked. So, once again, they slam them into their bids to gain some inventory. So, the would be paint as it was called is the only self preservation tactic to the continual manipulation. Yes, even stocks that go higher are manipulated. They are actually the worst ones!
Wait, let me get this straight. Somebody sells .215, .20, and then .19 when it was just trading at .225 and the ask drops to .22, then .21, and then .20. The ask gets lifted by program and goes back to .22.
Not a word about the dump and giving up an excessive spreads and limited profits. Somebody buys the ask after all that and they are guilty of painting the tape.
Perfect!
Painting a beautiful chart is more like it.
Nope phils. It's the nature of the beast. The buyers have been around since .15-.16 that are considered fresh money. Whoever did not take .22 and .225 came in and not only gave up the 7% spread to hit the bid, but somebody followed them that always sells the first sign of any seller.
It is the quickest way to separate a fool from being rich and what pervades this and every great growth story out there.
I would love to shake the hand of the man that sold HANS at $.60 that he bought at $.55 before it hit $400, and right behind him the guy that sold JSDA at $.22 when he bought at $.19 right before it went to $33.
Then we will put them both on display in the Town Square.
Look at the chart from this exact day in 2007. The first day was the first of many. The big move has not even come close to starting yet.
That's right Boston. If they increase the OS BECAUSE of acquisition it's because they are ONLY going after brands that are profitable by themselves.
Let's say just as an example they buy Labatt and issue 100 million warrants at $1.00 to cover their interest. That takes the OS to 185 million when the $1.00 price is hit. If profits are $25 million a year, then in four years they recoup their investment. But it is much more than that as that $25 million a year in profit gives them leverage to go out and make another acquisition immediately without finding any capital to back them elsewhere.
As far as the market is concerned, it could easily take that initial surge of 14 cents a share in profits and give it a 50 PE on the 5000% increase in sales that came overnight. Then voila! Price is $7.00 and welcome to Nasdaq.
It's just that simple.
Today marks the first day Labatt is eligible for an announcement as the 60 day Q&A period expired at 5pm on January 13. Aside from that, there is one thing ALL of you missed.
In preparation for any major acquisition where the acquirer will be taking on the employees of the company being acquired where there CURRENTLY is company stock being issued for performance, the acquiring company MUST have a plan in place to resume those same performance awards that the previous employees had. Such would be the case in acquiring Labatts and the 55 employees at the Buffalo Headquarters.
Check your prospectus. An Authorized raise AND a stock based incentive plan.
You poo pooed management for even having the audacity to give themselves shares when they aren't even profitable.
Now you'll be applauding them.
Sad thing though. With all the shares that I know for a fact were bought, and then the shares that Johnny says he bought, PKG could not have more than 60K shares. The most shares we have ever seen on the short side when he said he was short was 88K shares.
Seems to me to be WAY too much work. I mean way too much effort expended to suffocate this story any way possible for such a meager investment. SO obviously there has to be another motive and I for one would insist that he is a paid basher.
HDSN still blocking the ask. That means some idiot retail player taking them out at every penny. Obviously they didn't get the word NITE pulled off and they are the ONLY one blocking it. Nice job.