Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree time is on our side. Debt reduced or retired and revenue creating more profits. That has to be a recipe for success.
Good Review Myth. Stick to the facts. I like it.
I was hoping this dead horse had risen. All my others are down and out also.
Share structure is problem. Can't make money if diluted and R/Sed to death
Marketreturn, your post 2447 is off topic. Please refrain.
It would appear we have all been duped. Not the first time for me and I hope the last. CEO sounded honest when I spoke to him, but he must be over his head as someone stated here.
Price Walk down looks like a step ladder.
Yep, We knew a while back about the drop in Revenue coming. Now the question is: are they going out and getting more business that will have a significant impact on the revenues. For now as long as we do not have anymore dilution and the revenue is sufficient to pay the ongoing bills and pay off the big bill, time will be on our side. I like that the company is still going and not diluting for quite some time now.
New Enrollment Processing Fees were $.11 million plus Recurring storage revenues increased approximately 3.7% to $0.68 million for a total of $.79 million times 4 equals $3.16 million annually at this rate of revenue generation.
Anybody out there. I heard some deals were getting done.
My buy complete for total of 125,000 shares at .0029. Then X's what when deal done?
I just added 400.
I'm buying more. Blood in the Streets is the time to buy.
Hang in there. Our investment will pay off nicely.
Latest News
Xfit Brands, Inc. Secures New Financing with Crown Financial to Accelerate Growth
Accesswire: August 23, 2016
- XFit Brands finalizes agreement with Crown for receivables financing
- Frees up working capital for XFit Brands to continue global expansion of its one-stop-shop strategy for major fitness outlet operators
LAKE FOREST, CA / ACCESSWIRE / August 23, 2016 / XFit Brands, Inc. (XFTB), a global supplier of fitness and MMA equipment sold at retail and fitness outlets worldwide whose brands include Throwdown and Transformations, today announced that it has secured a new financing arrangement with Crown Financial to fund its inventory requirements as XFit Brands continues to expand its portfolio around the world.
Houston-based Crown Financial, LLC entered into the agreement with XFit Brands following a detailed assessment of XFit Brand's financials and business plan, global manufacturer network, and major customer base and contributions. The agreement provides a non-dilutive Account Receivable-based facility for XFit Brands to access, and frees up needed working capital to the Company to continue funding its growth. As XFit Brands works with and supplies a broad portfolio to more and more of the large Fitness Industry leaders, the Company needed to put this facility in place to provide it the freedom to meet the needs of the industry leaders, and enable it to allocate working capital to other key elements of its business.
Chad Tribe, managing member of Crown Financial, "XFit Brands has a sophisticated group of leaders with the experience needed to scale up what we see as an attractive business. Crown is happy to be an integral part of the XFit Brands story going forward and looks forward to a long-term productive relationship with XFit Brands. Crown will be able to provide in excess of $5 million in receivable financing to XFit Brands."
Dave Vautrin, Chief Executive of XFIT Brands, "This will be a great accelerator of our growth, and provides us the flexibility to gain access to capital in a productive, cost effective manner while not being dilutive to our shareholders. While there are other potential financing partners that provide AR facilities, we found Crown to be unique and very collaborative. XFit Brands has great potential, but has been limited by working cap constraints. With this new facility and the recently announce GHS investment, we have runway in front of the firm that has never looked better."
Xfit Brands is sold in more than 20 countries around the world and has recently accelerated its business by becoming a one-stop shop for the major fitness industry outlet operators. That strategy has been particularly successful and enables the Company to benefit directly from the global growth in health and wellness. Xfit Brands in functional fitness and accessories, Throwdown in impact sports and accessories, and Transformations in programming and training is at the heart of this movement, and is why the company is growing compound annually at more than 40% per year.
About XFit Brands
XFit Brands, Inc., known for its experiential fitness products, is one of the leading suppliers of functional fitness brands, products, and equipment sold at retail and fitness outlets worldwide. The company provides a full portfolio of products and services spanning Mixed Martial Arts and other high and low impact fitness regimes and owns the trademarks Throwdown trademark registered in 30 countries for its Functional Fitness line and its MMA portfolio, and Transformations in programming. The company's portfolio of brands and products are sold in many countries around the world and supply many of the leading Gym and Fitness outlets throughout the United States. The Company's websites are www.xfitbrands.com and www.throwdown.com.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of XFit Brands, including statements regarding XFit Brands' expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. XFit Brands competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission may affect the Company's operations. Unless required by applicable law, XFit Brands undertakes no obligation to update or revise any forward-looking statements.
For investor inquiries please contact:
Scott Cameron
investorRelations@xfitbrands.com
(949) 916-9680
Websites:
www.XFitBrands.com
www.Throwdown.com
SOURCE: XFit Brands, Inc.
How many shares out and authorized?
It has to be alive on the stock market for that to happen. Food for thought!!!!
Looks like the one bad apple he spoke of months ago has multiplied into many more.
Yep, good reply, I like it.
If the judge could stop that it would have been stopped long ago because they've been ripping people for years and years and years.
Nice day. Up almost 100%
seems that way unfortunately.
Someone might want to report what is in red below from press release.
About Alkame Holdings, Inc. Alkame Holdings, Inc. is a publicly traded health and wellness technology holding company with a focus on patentable, innovative, and eco-friendly consumer products. The organization is diligently building a strong foundation as a true mini conglomerate holding company with the launch and acquisition of appropriate business assets to maximize and capitalize on the development of multiple applications for its intellectual property (IP) assets into several emerging business sectors, such as the growing aqua-culture industry, the consumer bottled water and pet water sectors, and always exploring future opportunities in RTD (ready to drink), horticulture and agriculture, as well as many other various business applications and solutions. Alkame subsidiaries and potential affiliates include intellectual properties, proprietary systems, and trade secrets in the emerging global health and wellness technologies, and provides the infrastructure, along with the protective umbrella and transparency of a publicly listed About Alkame Holdings, Inc. Alkame Holdings, Inc. is a publicly traded health and wellness technology holding company with a focus on patentable, innovative, and eco-friendly consumer products. The organization is diligently building a strong foundation as a true mini conglomerate holding company with the launch and acquisition of appropriate business assets to maximize and capitalize on the development of multiple applications for its intellectual property (IP) assets into several emerging business sectors, such as the growing aqua-culture industry, the consumer bottled water and pet water sectors, and always exploring future opportunities in RTD (ready to drink), horticulture and agriculture, as well as many other various business applications and solutions. Alkame subsidiaries and potential affiliates include intellectual properties, proprietary systems, and trade secrets in the emerging global health and wellness technologies, and provides the infrastructure, along with the protective umbrella and transparency of a publicly listed SEC complaint company to acquisition candidates through incubation. The Company's wholly-owned subsidiaries market and distribute enhanced waters utilizing an exclusive patented formula and technology to create water with several unique properties. The technology enables an increase to available oxygen content, optimizes pH levels, as well as provides the added benefits of electrolytes, and enhancement of antioxidant properties, which equates into many potential health benefits, such as a reduced structure for permeability, improved metabolic efficiency, a boosted immune system, improved cardio respiratory function, and a decrease in lactic acid for faster muscle recovery. http://www.marketwatch.com/story/alkame-water-inc-partners-with-asian-american-trade-associations-council-2016-08-09
Oh, 10 years ban, I will go back to sleep!!
No not at all.
Yawn!!!
I kick myself in the Arse for buying this on a stock promo at .05, Dumb.
News.
Link to watch XFTB - CEO interview
http://search.aol.com/aol/video?q=xfit+ceo+interview+youtube&s_it=video-ans&sfVid=true&videoId=1DB33A4505B2C4EE8C2F1DB33A4505B2C4EE8C2F&v_t=client97_searchbox
Not trading today. HUH
I sure hope this takes off, for I have shares.
Anybody have shares they want to sell to me? At a discount of course. Oh wait you cannot discount $0.00 ha ha.
I wonder if they are going to be funded by CD holders.
I hope we get a payback for our trouble. A good quick bounce would be appreciated. I am afraid that the CD Pricks are still selling the crap out of there shares converting us to hell.
Bought a 100K more shares today in hopes of some news soon.
I picked up a 100K shares today at .005 just in case.
160 shares is all it took to take this down. Not much Support.
Have you bought your dynavalve today? We need sales. Buy Buy By By
Ha ha
So so Sad!! Agreed
Well up to .25. Let it go.
Are we listed yet? I just have a hard time believing that with all the so many shares out there that even if it did come back trading that it would be the same share structure. We would end up with nothing. Just like a normal penny stock does to the sheep.