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WS, have you spoken with the CFO lately? Anything to share?
Dumping? I would hardly call 9,600 shares dumping. It looks to me like the stock is in strong hands, and not too many people are selling. There's no reason to sell. The turnaround story is just getting started, IMO. You gotta love the international distribution that is beginning to take hold. More good news to come?
BITI, I agree with you. According to the article, when you consider that "An eight-ounce cup of coffee, depending on how it is made, can contain from 100 to 150 milligrams of caffeine." it really becomes a non-starter. I guess every cup of Starbucks coffee is going to have to come with a warning label. Besides, the amount of energy drinks sold over the past five years has to be in the hundreds of millions, if not billions, and there is no clear cut evidence that when used in moderation they present any kind of health risk.
I don't hear anything. Must be like a dog whistle. Only the short-sellers can hear it. I hope that they don't get hurt too badly in the coming squeeze. There sure aren't many shares changing hands, and certainly not many sellers around. It could get really interesting if the company announces good news.
Another 0 share day. I think I hear "Taps"
The weak effort to shake shares loose from investors was a joke. Shares are in much stronger hands than the shorts think. Funny how the stock has now turned around and is up 12.5% on better volume. Not looking good for the short-sellers!
Down to 20 cents on the opening trade. Bid now back to 26 cents, but down 2 cents from yesterday.
Not looking good.
Yeah, a whole $230 in dollar value. That's pathetic.
The bid was 0.26 from the very start of trading today. Go back and look at time and sales. That 0.20 print was a fluke. Nice try, buy nobody is biting. I see that you are at least viewing the correct bid now.
That warning is for insiders, who may want to think twice about trading on inside information. If you go a little deeper and click on news tab, you will see that CELH is making information available to investors, including quarterly financial results.
http://www.otcmarkets.com/stock/CELH/news
To be fair, it's probably not helping the company that they have a STOP sign at OTCMarkets.com and a warning,
www.otcmarkets.com/stock/celh/quote
Kezzek, you can rest easy knowing that there are a number of others here who will make sure that investors will have the whole story.
My only goal is to make sure anyone who buys into the "Carl will save the company THIS TIME" have the whole story.
WS, yes that is clearly the most blatent example, but there are many others. In that same post Kezzek notes that it "Looks like everyone thinks the end is near." If that were true I think we would see more than a measley 105 shares sold at the bid of 0.28 cents, don't you agree?
Another drop in the bid. Now down to 26 cents. If it gets hit, it may fall below a quarter. No one buying at 30 cents either.
Looks like everyone thinks the end is near.
On the contrary, I have a great deal of respect for Carl. He is a true humanitarian. Of course Carl looks at the financial side of things, but that is not his only motivation. Carl looks at the big picture, in which people are a major consideration, and an important factor in decisions that he makes.
As you say: To each his own I guess.
Carl doesn't look at his investments in terms of $$$$? Wow, that's scary. You guys really don't seem to think much of him.
WS, I like your positive attitude. One of the things that Carl must enjoy about having Tony Little as the new Fitness Ambassador for Celsius is Tony's positive outlook, energy and "can do" attitude.
http://celsius.com/pressrelease/fitness-legend-joins-fitness-beverage-revolution
Carl has often said that one of the reasons for his success is that he doesn't believe in being negative. Carl believes that if you think you are defeated, then you already are.
"Losers have decided they're going to lose," DeSantis said from his office in Boca Raton, where he is founder and chief executive of Rexall Sundown Inc., a giant vitamin corporation. "There's nothing I don't think I can do."
http://www.fsu.edu/~fstime/FS-Times/Volume3/ap98web/10ap98.html
Tony Little embodies the same principles and positive "can do" outlook that Carl does. They are a good match for each other. I'll bet Carl even has one of Tony's mugs sitting on the desk in his office.
http://www.tonylittlestore.com/tolinepecomu.html
Enjoy a cup of coffee with Tony's new coffee mug!!! Show the people at home or in the office that you are not dealing with negativity any longer.
Wippersnapper, the key takeaway for me in this quote is "His heart and his pocketbook are in the right place, and he’s showing it.” I think that's the part that Kezzek is completely missing. Carl doesn't look at everything in terms of just $$$$$.
still avoiding responding to your inaccurate posting of a .26 bid. interesting. i guess we'll just have to move on...
here is a quote directly from the article you posted:
www.bevnet.com/news/2011/changes-roiling-functional-beverage-category
(quote from the Nov 2011 article) “There were really no other answers. [DeSantis] wanted more of his team at Celsius where he could take control of the company and do things his way. His heart and his pocketbook are in the right place, and he’s showing it.” - well, i'm sorry but that can't be more obvious. why would Carl need to "take control" if he already had control?!?! LOL, tooooo funny!! thanks for posting articles that support my point!!!
And Carl stills feels the same way today, as he did four years ago. Unfortunately, it's taking a bit longer than he originally thought, but Carl is no quitter and still believes very strongly in the company. I actually forgot about that quote. Thanks, Kezzek, for pointing that out for the rest of the board. You're making a good case for investing in Celsius by following Carl's lead.
Then there's Carl's own words from just under 4 years ago.
"Carl DeSantis said, “After working closely with the Celsius management team for several months now, it became clear to me the opportunity to really create a great success story. The market potential is large, and with proper financing and marketing, a great win is possible.”
The buyers are lining up trying to get some cheap shares @ 0.28. The bid is stacked with UBS, E-trade and Knight Capital all looking for shares. Once this stock clears the mid-0.30's, it could be off to the races.
Is that similar to not being able to see that CELH shares have been under heavy accumulation for the past year?
http://stockcharts.com/h-sc/ui?s=CELH&p=D&yr=1&mn=0&dy=0&id=p18480980539
If you can't see the trend, there's not much I can do to help.
Warrants? At a $5.23 exercise price? I guess that means that you think the stock price could see north of $5.00 at some point, huh?
It's probably someone who has a way of covering - warrants, restricted shares, etc. and is waiting to see what happens.
True, but they are violent enough to cause the shorts to cover and push prices up even further. Now that's something I would pay good money to see. I'm not really sure what kind of news could cause a powerful move like that to the upside. The only thing that comes to mind is if Carl decided to forgive the debt of the company, and make up what he is owed in increased equity value of his 10+ million shares. The other nice thing about that kind of news is that it would be so fundamentally positive that I doubt the move would be as you say "short-lived". Remember there are only approximately 20 million shares oustanding. Carl owns 10+ million. I believe that there may be another couple of million in strong hands, which leaves only 7-8 million shares in the public float. That's a recipe for a parabolic price rise, don't you think?
Unfortunately, those big moves up are very short lived and followed by very long periods of moves down. And with no buyers, the ask just keeps falling.
Looking at the Level II Quotes it appears to me that once the shares in these low to mid 0.30's get taken out the stock could easily have a quick run into the 0.60 - 0.75 cent area. There certainly aren't many sellers at these prices, which tells me that people are holding on to their shares and waiting for higher prices. This stock has a history of making BIG MOVES, VERY FAST. I'm not saying that's going to happen, but I certainly wouldn't want to be short this stock when it begins its ascent higher.
Yes, it certainly looks like it's all starting to come together.
product looks awesome! interesting to see them take the single-serving approach. looks like they will be going after new customers pretty aggressively in the coming months. i'm excited to see the international sales along with how the image refresh impacts future sales...
Then there are "Angel" investors like Carl.
Angel investors are often retired entrepreneurs or executives, who may be interested in angel investing for reasons that go beyond pure monetary return. These include wanting to keep abreast of current developments in a particular business arena, mentoring another generation of entrepreneurs, and making use of their experience and networks on a less than full-time basis. Thus, in addition to funds, angel investors can often provide valuable management advice and important contacts. Because there are no public exchanges listing their securities, private companies meet angel investors in several ways, including referrals from the investors' trusted sources and other business contacts; at investor conferences and symposia; and at meetings organized by groups of angels where companies pitch directly to investor in face-to-face meetings.
http://en.wikipedia.org/wiki/Angel_financing
Kezzek, you're grasping at straws. Celsius became a public company in January 2007; pre-CDS.
http://celsius.com/investor
Day 1 as a public company. Too funny.
The company was started in 2005, long before Carl DeSantis had ever even heard of Celsius. The first time Carl showed up was some two years later. That's a far cry from Day 1 as you indicated. Sorry, but facts are facts!
"Celsius launched in June 2005 after completing a clinical study validating its calorie burning benefits."
http://www.celsius.com/company
I remember the day, very well. I don't expect the company to stay on the OTC Pink Sheets, as a non-reporting company, forever. This story isn't over, just yet.
Here's another innaccuracy. I'm growing tired of having to correct all of these mistakes. The company raised about $13 million, after expenses, in the Februray 2010 secondary offering, not $7 million you indicated.
http://www.celsius.com/pressrelease/celsius-holdings-inc-announces-closing-145-million-public-offering-900000-units-common-
Celsius didn't start on the Nasdaq. It briefly moved there after raising about $7 million largely through the efforts of a S. FL brokerage and Carl.
Please try to get the facts straight. Carl was not there from Day 1, but came on board much later in 2008. Prior to Carl appearing on the scene, the company was involved with Golden Gate Investors, LLC and a toxic financing arrangement. Carl helped clean up that mess and provide the company with more traditional financing.
http://www.celsius.com/pressrelease/calorie-burning-celsius-announces-strategic-partnership-former-rexall-sundown-chairman-
Carl has been overseeing Celsius since day 1. Do you really think he's stupid enough to put millions and millions into a company without any oversight or guidance. Give the man some credit.
I really can't say much more than I already have. Stick around. It should get interesting very soon.
Carl is committed to seeing this venture through to a successful outcome for all involved, himself included. What he will not do is strive to accomplish personal gain at the expense of the other shareholders.
Please don't put words in my mouth. I do not agree with your assessment of Carl's motives. In fact, I believe that they are way off base. If you want to express your own opinion that's fine, but don't lump me in with you in the same sentence!
Anyway,we can agree that Carl is in this for Carl.
Not a rumor, but fact. According to the latest Q2 press release: "The Celsius brand received approval for distribution in the UK, Singapore and New Zealand." I would imagine that Latin America, The Middle East, Eastern Europe & Russia would also represent significant opportunities for distribution.
http://www.celsius.com/pressrelease/celsius-holdings-reports-second-quarter-2012-results
Yeah I know, it looks like they really love it over there, I have also heard rumors that they may be entering other countries as well.
First of all, for the umpteenth time, I have already answered the question, which you keep posing over and over, more than once. Secondly, the antagonistic tactics just aren't going to work with me. The reason that I suggested that we "table the discussion" is because it appears that we are at an impasse; neither one of us is going to convince the other person to change their viewpoint. Enjoy your weekend!
LOL, I can understand why you don't want to answer the question and want to "table the discussion", but it's pretty clear to me what Carl's strategy is, and that's to get as much money back out of Celsius as he can.
Unfortunately there are no reasonable outcomes that put other shareholders in good shape.
I'm afraid the explanation that "Carl is going to make sure all the other shareholders don't lose out because he's such a nice guy" just doesn't make much sense.
You have already asked that question, and I have already answered it on numerous occassions in the past. No need to go over the same ground repeatedly. I suggest that we table this whole discussion regarding what Carl will or won't do about taking the company private, or maintaining it as a public company. Let's just say that "we agree to disagee" and leave it at that.
You still haven't answered why Carl, the man whose money has kept Celsius alive since it started, would want to share any money he might be able to get from Celsius in the future, with minority shareholders who to whom the company owes no debt?
Trinity, I couldn't agree more with you on your point about the manipulation of the stock price. Where is disagree with you is where it coming from. It's not from the loyal followers, but from those who would like to see the company's demise.
exactly. while I wasn't convinced at first some time ago, now I actually believe this is the path Celsius will take since it appears there are enough loyal followers that just keep the sp up by manipulation
which in turn will force this scenario as the logical outcome for CELH:
Trinity, perhaps you could offer a logical reason as to why Carl would purchase the equity stake of the former CEO, if he plans to BK the company? So far, neither you nor Kezzek have been able to solve that riddle. My guess is that neither of you truly understand what is really going on here. You both offer up a future scenario that is far outside what the past actions of Carl DeSantis have indicated for the future course of this company. That said, I'm all ears. Please feel free to pontificate on the question raised earlier.
"Why would Carl purchase Steve Haley's common stock position if his intention was to use debt as leverage to BK the company?"
The new look for Celsius is awesome. See for yourself.
http://www.celsius.com/thehotspot
Kezzek, do you have an answer for the question that I asked, in my previous post?
"Why would Carl purchase Steve Haley's common stock position if his intention was to use debt as leverage to BK the company?"
You would have to know Carl to answer that question. Obviously, you don't.
Why would anyone who was owed more by a company than the company's market cap, who also held majority control of the equity, want to share that value with others who did not put millions into the company to keep it going?
Kezzek, your thesis begs the question of "Why would Carl purchase Steve Haley's common stock position if his intention was to use debt as leverage to BK the company?" On the contrary, it appears that Carl wanted to use EQUITY to control the company, NOT DEBT.
Or, more likely, he could force a bankruptcy filing, wipe out the common and own the entire company as a private entity.
I doubt that Carl would have spent the money necessary to buy out Steve Haley's equity position to get him to a 52% ownership stake if his intention was to eventually BK the company. You're right. It makes no sense, whatsoever.
just shut it down after increasing his stake and the credit line for the company? makes no sense at all...
If you do the math you'll discover that it would take approximately a 0.60 cent increase in the current share price to cover the $6 million in debt currently owed to Carl (given his roughly 10 million share equity stake). So the question for Carl then becomes "if I were to forgive the current debt, and make Celsius a debt-free company, could I expect the share price rise to 0.93 cents a share?" That would translate into a valuation of $18.7 million for the entire company, or roughly 2X sales. In addition, he would still own a majority 52% equity stake, thereby maintaining control of the company and the Board.
yea, that's actually a great point. the debt is sort of irrelevant for this company, so it will be really interesting to see how things continue to progress going forward...