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Just another one of those little cloudy areas that needs to be clarified huh?
This was one of the areas that I spoke with the Dr on the phone about some weeks back. She told me "there had been 2 phases of buy back thus far" but would not elaborate on the amount of shares bought back by HBRM. She said the buy back was on hold not because they were using what money they had to get other projects like the vodka deal started. I am sure if any shares were bought back by the company as she stated that it will have to show in upcoming financial reports so we will see when they come out I believe in October.
I do agree with this. He has an impressive resume in the alcohol biz and does bring some confidence to this deal with HBRM and Bismark. The numbers are going tell the real story soon though so we shall see.
Illegal, Kamasutra vodka from Bismark has been around for almost 3 years. Have you heard of it before the HBRM deal? I never have and I like to drink vodka often. I wonder if anyone else on here had any knowledge of this product before the HBRM infused blend was Pr'd?
Not sure what you are referring to. 3.5M buys today and 3.2M sells is what I see. So it finished up the day slightly up in the buys over the sells.
Well they listed over a million dollar of debt in their last report. They have diluted over 100% since last October. It was obvious that their existing products were not producing positive revenue earnings hence the dilution to fund these new market ventures and pay bills. There is 50M shares that were apparently sold to an insider at a "premium" and not documented anywhere. We have no idea what percentage they are making on this vodka deal until we see the financial report for the quarter. Lots of cloudy gray areas that need some clarification and answers for investors in my opinion.
And one other thing,all this was going after HBRM promised its share holders a 100M share buy back which apparently is in some form of limbo right now.
LOL, you must have received your case vodka because your decimal point is in the wrong place for sure on this one.
What you posted makes no logical sense. There is also no logical reason for not being in compliance with OTC guidelines and posting financials. It scream volumes for red flags as the OTC has posted warning investors. Is this the way you create investor confidence? Cmon, excuses are getting way old. LYJN needs to come clean and become transparent and OTC compliant or what you see now is all you are gonna get as far as PPS and perhaps a lot lower too.
Do you see a problem if current products are not proving sufficient revenue to sustain operations and they need to rely on dilution to pay their bills?
Means nothing if HBRM is not making money on each and every bottle sold and since they will not tell their shareholders this info sure seems like investors are not going to bite the lure this time and get suckered in.
sell volume is greater then buy volume so what do you see building here?
http://ih.advfn.com/p.php?pid=trades&symbol=HBRM
So you are saying they are not able to pay bills with current product sales still? They are continuing to dilute the SS in your opinion?
Anyone can pull numbers out of a hat and post their speculation. means absolutely nothing and the longer the company takes to show it's true numbers the more you have to wonder why and what is going on. Even you have to admit if the company was making good profits then why not show it to their investors in a financial report? If they did would that not cause more investors to jump in?
My speculation is that the float is now at 520M or higher. We have no idea right now if the company is making any money at all on the vodka deal because they did not tell their investors what percentage of the sales revenue they would be receiving in the deal. Financial reports will show this hopefully and hopefully it will be very positive.
The questions that have never been answered:
Why would an alleged world wide distributing company with alleged massive profits from its sales revenues not show this in current financial reports? What are they hiding? We know Halperin, Sepe and their friends were deeply involved with Lyric and we know about their criminal stock manipulation with other penny stocks so is it possible that something was going on with Lyric as well? Why does the company refuse to have any contact or transparency with its shareholders? The only factual info we can verify is that they have lost 98% of their overall value since inception 7 years ago. What a terrible way to treat shareholders in my opinion and circumstantially very suspicious. The low low volume and declining PPS are truly reflective of investors lack of confidence in the company. What a total of $65 spent on the stock so far this trading day is pretty damn sad don't you think?
Wow, low volume and low PPS. Guess no rocket ride to the moon today either huh?
Birdie is liking Elites action and this is nothing compared to what's coming in my opinion...tweet tweet tweet... better fasten your seatbelts boys and girls...
Yep, I think you are right again. As everyone saw from the most recent PR (which was good news) Not much move in the PPS at all so this stock will be treading water until it can build investor confidence and show that it is a profitable company. Everyone is familiar with what they need to clear up to bring confidence to the company and if they can show some positive financial reports without the dilution also then they will bring some sustained rise in value for share holders.
Guess the rocket ride to the moon for HBRM has been delayed again apparently. Don't worry though by the end of Fall or maybe Christmas or if not then for sure sometime in 2013, don't worry everything is great and the rocket ride will come.
Another good post which I concur with 100%.
I am guessing we end the week in the .14's as no one wants to be left trying to buy shares when Elite starts its fast run. Little birdie's tweets are inching closer to fruition and when this huge news hits nothing will be able to hold Elite down any longer in my opinion. tweet tweet tweet
Another nice post that I agree with 100%.
Jeff, I could really care less about the label. Dr stated HBRM would be on the bottle in her early PR about the vodka. If HBRM is making money from each bottle sold then I am happy if they are not and are just betting the farm on the exposure from their website name in small print on a bottle of vodka well I really don't think that is going to do much of anything to help them sell other products.
Sure did, boy I am sure every person buying a bottle will read that small printed label and jump on the internet and buy some acne medicine...LOL
So you are happy with the minimal movement in the PPS after a decent PR huh?
Perhaps you are right just seems a little odd that it hasn't bumped like it normally does with fairly good news about continued expansion of the product. Also most of the traveling circus is not in town either this time which is also strange.
LOL, Current PPS speaks for itself now doesn't it? Not exactly flying off the shelves is it?
Have to wonder why the air is out of the balloon right now don't you?
Can you guys feel the tension and anticipation building here? The lid is about to blow when this news hits. If we are in mid 13''s when it does then I expect at least mid 20's after Elite shows their new achievements to everyone. Teens will be a memory from then on as the climb to the top continues. Tweet tweet tweet. Trust little birdie on this one...
So we got some decent news today about increasing distribution. Kamasutra vodka has already been around for almost 3 years so the distribution lines and contacts should already be in place and putting the HBRM infused bottle into that chain should be fairly easy. Appears as if they are still in the trial phase to see how it sells and keeping it in NJ right now which is fine. That makes sense that if it seems very popular in one place then increase its presence in other places around the U.S.
So with this good news why is the PPS flat with only a little bump up thus far? Where's our ride to da moon at? Shouldn't we have gotten a nice bump today instead of this little tiny hop? Whats causing the skepticism here with investors?
Or inside knowledge that maybe things aren't so rosy in viagra vodka land...
Thank you for your perspective also. I hope they are making money on each and every bottle sold and that the exposure also leads to other products being sold at a higher level as well. They need working capital so they can stop diluting and maybe start the share buy back again.
Appears the big block sell off is continuing. Anyone want to speculate on what is going on now. This person or group apparently does not we are going to the moon and will be at .10 by Christmas I guess.
http://ih.advfn.com/p.php?pid=trades&symbol=HBRM
Because it would help investors gauge profits for an upcoming quarter based on these PR's we get talking about 2300 cases at 6 bottles per case for example. Now I think what you are referring to is an individual company selling a particular product that they own and telling share holders how much net profit they make per sale or case etc... Of course financial reports will specify this in detail so there is no need to tell up front and one could argue the same for HBRM. Their financial reports should specify in detail how much they made or did not make in this vodka deal. But they should be trying to build investor confidence and by letting investors know what percentage they are receiving so investors can speculate on positive financial reports. This builds confidence and brings more investors in. I am in several other stocks and the companies have engaged in contractual agreements with other companies to co-produce products. These are penny stocks also but the PR stated exactly what percentage the company whose stock I have would be receiving whether it was mile stone payments, or some other type of payment or deferred payment or shares in the primary company, etc...HBRM needs to bring investor confidence in and maintaining secrecy in certain areas that have been discussed on this site certainly is not going to do it. The Dr stated to me on the phone that it was for legal reasons that they did not disclose this percentage info because they were in business with a private partner. This may be true. I do not know but do not discount it either altogether. Bottom line is financials for the quarter and the subsequent quarters will tell the story of this vodka deal.
One would certainly expect it to be on there somewhere as it was stated in the HBRM PR. Also food/beverages obviously have to have the ingredients on the label.
Rea question that remains unanswered and significantly more important is what percentage of revenues will HBRM be receiving from this deal? Financials have to show this. There is no way they can hide it so why aren't they giving us the number up front? In my opinion, it is probably so low that after costs are taken out it provides little capital for the company and they are hoping the exposure will replace incoming capital at some point. This is probably why they keep it secret in my opinion also.
Sure would be nice for an update on all of these areas from HBRM.
Yep, if they had not done "in house" clinical trials over the years and knew that 216 worked and was a monumental game changer in the pharma industry then they would not have pursued the patent all these years and spent so much legal money getting it.
JT stated in prior CC that "they know 216 works and are not worried about phase 3 trials". This indicates that they have done studies in house with live patients already in fact they were looking for volunteer patients awhile back to do studies with 216 to see if it caused the same digestive problems that current pain meds do.
Phase 3 will just be a formality for 216 approval albeit costly. There is no other product on the market capable of doing what 216 can do and there will be no other product like it due to the patent protection. Other methods have been attempted and failures and lawsuits have resulted.
In my opinion, we will all be wearing Watson baseball caps pretty soon. I trust my little birdie....tweet tweet tweet.
hey Malc, what is your take on the big sell off that has been occurring over the past week or so? large blocks being sold in the low to mid .003 range adding up to tens of millions of shares. Any ideas on who or why they might be selling at this point with so many great things just around the corner as we fly to the moon and beyond. We are suppose to be at .10 by Christmas right as some have mentioned so just curious why the sell off and your thoughts?
Yes well your email response seems to speak for itself and in my opinion contradicts that post from the other board site but who knows, there is so much smoke and mirrors going on now it is getting even harder for me to tell fact from fiction.
Well, lets see, since just prior to Easter there have been 4 orchestrated PnD's with the stock in my opinion. Each subsequent one has lost the affect and not achieved the same PPS as the prior. These are easy to account for as a traveling road show appears at the first hint of news and begins putting up 100's or promotional posts in an attempt to lure in investors and get a rise in the PPS. They do get a rise in the PPS but it certainly is not sustainable based on current HBRM financials and long term investor confidence in my opinion. Great for flippers who want to come in make some money and dump until the next circus comes to town.
I just like to look at things from a reality based view rather then viewing the glass half full when there isn't even anything int he glass yet. to many lingering issues here that have yet to be cleared up. We have yet to even see a bottle of vodka with "herborium" on it somewhere or maybe I have missed something. We have 50M shares unaccounted for that HBRM apparently sold in an inside deal to someone or a group. We have someone or a group that just dumped tens of millions of shares last week in the low .003's. Why would someone do that? We have a promised 100M share buy back that appears to be in limbo. We have massive dilution over 100% since last October. Should I go on?
I'm sure someones $10 buy can make that happen and make it look like everything is just great in the grand illusion.
Can you guys feel the pressure building inside the Elite volcano? Started to boil now and the top is gonna blow for sure. Little birdie tweets most likely this week or possibly next for huge news from the company. I am guessing we roll right back into the 20's for sure if little birdie's tweet tweets are correct. Only the beginning of a long long run for LONGS. Gotta love Elite huh....