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Hat Trick Beverages (HKBV) Chinese Milk Company Development
Tuesday July 15, 3:51 am ET
BEIJING, July 15 /PRNewswire-FirstCall/ - www.hattrickdrinks.com PINKSHEETS: HKBV.PK is pleased to announce that it has reached an agreement in principle with 3 Swordsman Milk Company to engage in a joint venture with the issuer.
The issuer will file a business plan and other relevant documents of the Milk Company on Pink Sheets for its followers to review. Sender Vaiser CEO of Hat Trick said: "This joint venture will enable us to cross market our products into China and the Milk Company to enter the US Capital markets. The terms are still being worked out but the joint venture should not disturb our current share structure as the joint venture will be funded by our subsidiary Tango Cafe with stock already issued to them and cash.
Our corporate advisor is continuing to develop these opportunities on our behalf, and they have proved instrumental in opening the doors to a number of potential strategic partners, suppliers and distributors to quickly establish our presence in this huge marketplace. We expect to make additional announcements soon that will add greater value to Hat Trick."
In other corporate updates the issuer intends to terminate its relationship with its current transfer agent and to appoint a new transfer agent that can provide it with adequate services the issuer's shareholders demand.
Contact: www.minamargroup.com/helpdesk
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
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US spells out Fannie-Freddie backstop plan By JEANNINE AVERSA, AP Economics Writer
1 hour, 8 minutes ago
WASHINGTON - The Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival.
The steps are also intended to send a signal to nervous investors worldwide that the government is prepared to take all necessary steps to prevent the credit market troubles that started last year from engulfing financial markets and further weakening the economy and housing markets.
The Fed said it granted the Federal Reserve Bank of New York authority to lend to the two companies "should such lending prove necessary." They would pay 2.25 percent for any borrowed funds — the same rate given to commercial banks and big Wall Street firms.
The Fed said this should help the companies' ability to "promote the availability of home mortgage credit during a period of stress in financial markets."
Secretary Henry Paulson said the Treasury is seeking expedited authority from Congress to expand its current $2.25 billion line of credit to each company should they need to tap it and to make an equity investment in the companies — if needed.
"Fannie Mae and Freddie Mac play a central role in our housing finance system and must continue to do so in their current form as shareholder-owned companies," Paulson said Sunday. "Their support for the housing market is particularly important as we work through the current housing correction."
The Treasury's plan also seeks a "consultative role" for the Fed in any new regulatory framework eventually decided by Congress for Fannie and Freddie. The Fed's role would be to weigh in on setting capital requirements for the companies.
The White House, in a statement, said President Bush directed Paulson to "immediately work with Congress" to get the plan enacted. It also said it believed the plan outlined by Paulson "will help add stability during this period."
Investors may not be as sanguine, however, according to Chris Johnson, an investment manager and president of Johnson Research Group in Cleveland. Stocks of financial institutions "are going to get clobbered," he predicted. "It is a situation where regulators and the government are trying to play catch up, and that means everything is not discounted in the stock prices yet."
The Dow Jones industrials on Friday briefly fell below 11,000 for the first time in two years and Johnson expects shares of investment banks and regional banks could fall even lower as investors react to this weekend's developments.
Fannie Mae and Freddie Mac either hold or back $5.3 trillion of mortgage debt. That's about half the outstanding mortgages in the United States.
The announcement marked the latest move by the government to bolster confidence in the mortgage companies. A critical test of confidence will come Monday morning, when Freddie Mac is slated to auction a combined $3 billion in three- and six-month securities.
Fannie was created by the government in 1938 to provide more Americans the chance to own a home by giving financial institutions an outlet to sell mortgage loans they originated, freeing more cash to make more home loans. It moved from government to public ownership in 1968 and Freddie was started two years later.
Sunday's announcements are likely to raise anew criticism that the government should have moved sooner to rein in the two companies, especially since investors widely assumed they would be bailed out if they got into trouble.
The government denied it, but what was seen by investors as an implicit guarantee of support allowed Fannie and Freddie to borrow at rates only slightly higher than the Treasury — and lower than what their banking competitors had to pay.
"This really blows away the notion of an implicit guarantee," independent banking consultant Bert Ely said of the Treasury's plan to ask Congress to allow it to make equity investments in Fannie Mae and Freddie Mac. "It suggests a greater concern about how these companies are doing. It says the problems are deeper. It gets to the solvency of the companies, not just the liquidity."
Paulson's goal is to get his plan attached to a sweeping housing-rescue package. The Senate and House have each passed bills and a final package has to be hammered out. The centerpiece of the legislation is to help strapped homeowners avoid foreclosure legislation but it also contains provisions to revamp oversight of Fannie Mae and Freddie Mac.
Senate Majority Leader Harry Reid, D-Nev., said "Senate Democrats stand ready to work with the administration to quickly and effectively address the situation currently facing these institution."
Democratic presidential contender Barack Obama, speaking with reporters before the plan was announced, said he favored congressional action to shore up the housing market, as well as legislative consultation about any taxpayer dollars used to support the mortgage companies.
Republican rival John McCain believes the measures announced Sunday "are consistent with the goal of providing support for a path through the current duress toward steps that include regulatory reform, market discipline and mission focus," said Douglas Holtz-Eakin, senior policy adviser.
House GOP leader John Boehner, R-Ohio, and Republican Whip Roy Blunt, R-Mo., said they "stand ready to work with Secretary Paulson and congressional Democrats to take appropriate steps to ensure the soundness of our mortgage markets."
Officials from Treasury, the Fed and other regulators worked in close consultation throughout the weekend after growing investor fears about the companies' finances sent their shares and the overall market plummeting last week.
Shares of Fannie Mae plunged 45 percent last week and are down 74 percent since the beginning of the year. Freddie Mac shares fell 47 percent last week, and have fallen 77 percent so far this year.
A senior Treasury official said any increase in the line of credit — now at $2.25 billion for each company_ would be at the Treasury secretary's discretion. The same would apply to any equity investment made by the government.
The official, who spoke on condition of anonymity, also sought to send a calming message about Fannie's and Freddie's financial shape, saying: "There's been no deterioration of the situation since Friday."
The Fed's offer of funds is viewed as a temporary backstop until Treasury can get its plan in place. The collateral they would have to pledge — Treasury securities and federal agency securities — is more narrow than the collateral commercial banks and Wall Street firms must pledge for emergency lending privileges.
Freddie Mac Chairman Richard Syron said Sunday that preliminary second-quarter results show that his company had "a substantial capital cushion" above the 20 percent minimum surplus it is required to maintain.
Fannie Mae President and CEO Daniel Mudd said he believes the steps could send a calming message. "Given the market turmoil, having options to access provisional sources of liquidity if needed will help to strengthen overall confidence in the market. We will continue to do our part to provide liquidity, stability and affordability to the housing market now and in the future."
Last week Fed Chairman Ben Bernanke and Paulson, appearing before the House Financial Services Committee, made a point of saying that the regulator of Fannie and Freddie, the Office of Federal Housing Enterprise Oversight, has found both companies adequately capitalized.
_____
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Financial Stocks » Long Ideas, Housing Fannie & Freddie: Myth vs. Reality
by: Timothy Travis posted on: July 11, 2008 | about stocks:
Over the last week, Freddie Mac (FRE) and Fannie Mae (FNM) have seen their share prices decimated. The primary concerns are higher funding costs and misinformation about the companies' business and balance sheets.
In listening to all of the rumors and discussions on television in regards to the GSEs' prospects, it is clear that most commentators and observers discussing these institutions have very little understanding of the actual businesses.
Let’s get a few facts out right away just to show how overblown this whole situation is.
First of all, the issue at hand is whether or not credit losses will significantly deplete the GSEs' capital base. This is something that can only be properly evaluated over time, but if you understand the business model and risk profiles of these companies, you would quickly ascertain that the chances of this happening are immensely remote. The reason that Freddie has negative equity, as eloquently illustrated by Mr. Poole, is a result of mark to market losses that have been incurred on its portfolio. These mark to market losses are the result of widening spreads on mortgage backed securities and are not the result of credit losses. There are a number of reasons for widening spreads, including market sentiment, technical factors, and hedging techniques. None of these reasons provide us with any indication of the actual credit losses that Fannie or Freddie will incur. Also the GSEs do not have any CDOs which are driving the majority of write downs for the banks, but instead they purchase and insure straight pass through mortgages.
In comparison to most banks, the GSEs' credit standards were significantly higher, and the structure of their insured portfolio provides them with a great deal of protection to credit losses that makes their securities unique and impossible to value by utilizing the ABX indices. In Freddie Mac’s quarterly report, the company was extremely detailed in their projections of what losses would be in a variety of different situations.
The main concerns in Freddie’s massive portfolio are their exposure to subprime and Alt-A securities. Let’s assume the worst scenario possible that we could discuss with a straight face in terms of the housing market. Assuming a 60% default rate and 50% severity, Freddie would be looking at losses of $99 million. This number might seem shockingly low, especially after seeing the GSEs write down billions in mark to market losses, but Fannie and Freddie enjoy a huge cushion on securities that they insure before they take on any losses. They insure and invest in “pass through” mortgages, and not CDOs. Freddie and Fannie get paid first, and when the mortgages aren’t performing up to expectations then cash is deferred from subordinated levels to the GSEs' senior positions.
Fannie and Freddie have multiple layers of protection on the securities that they insure to shield themselves from taking substantial losses on mortgage portfolios that aren’t living up to expectations. The ABX indices do not accurately reflect the losses that Fannie and Freddie are taking, because the ABX AAA tranches are drastically different then the securities that Fannie and Freddie issue.
Once again, the actual “losses” that Freddie Mac has incurred up until now have been the result of widening spreads on mortgage-backed securities, as seen on the ABX indices. These spreads are market driven and have no serious relation to expected losses that Freddie Mac or Fannie Mae will actually take on their portfolios. As time goes by, these mark to market losses will pass back through the income statement and on to the balance sheet as the reality of their actual credit losses overtake the emotional sentiment that is impacting the fair value of these securities at this point in time.
These widening spreads are actually allowing Freddie and Fannie to conduct businesses at extremely profitable levels. They have significantly raised prices and credit standards, and are now responsible for approximately 80% of the mortgage market. Both Freddie and Fannie could conceivably earn 15% on their capital, and I think both companies could easily earn $5-$7 a share as their explosive revenue growth and higher profit margins develop over the coming years.
In regards to the GSEs' ability to attract funds, the situation is a little more ambiguous, but is still vastly overblown in the old rumor mill that seems to move markets more then fundamentals these days. The government and the regulators have repeatedly maintained that the GSEs have the implicit guarantee of the government and would not be allowed to fail. Bond investors will realize this and continue to fund these companies, and even if spreads remain wider then they historically have been, the GSEs will certainly survive.
In terms of Freddie raising the 5.5 billion that they have committed to, there are a number of options. Currently, Freddie is over their capital requirements so there is no rush on the issue. It is absurd to think that the GSEs will not be able to raise capital when the likes of Washington Mutual (WM) can raise 7 billion.
Also, it is in the government’s best interests to keep the GSEs private. If worse came to worst, the government could invest in the GSEs in a preferred offering, being that the GSEs are already a part of the government and issue more debt then any other enterprise. There is no incentive for the government to nationalize these institutions when they are adequately capitalized, writing profitable new business, and liquid. What would the Bear Stearns (BSC) event be for these institutions? They are extremely liquid and credit worthy, and the world changed after the Fed rescued Bear Stearns, so the idea of these entities not having access to capital is completely absurd.
Even if they do raise dilutive capital, the return on equity will be substantial on the capital raised. Their future book of business will be of the highest quality and profit margins will be significantly higher than what we have seen in the last several years. Dilution is by no means ideal, but if you have any concept of history in the financial markets, it should be clear that recapitalizations occur all the time and often at difficult levels. Companies can come back to be extremely profitable enterprises as long as the underlying business prospects are sound. As the mark to market losses come back on the balance sheet, over time these companies will be able to reduce their leverage as the credit markets ease and housing stabilizes.
Richard Pzena of Pzena Investment Management, who in my opinion is right on in regards to his bullishness towards FRE and FNM, made the following points towards the capital issues.
Fannie Mae has a great deal of flexibility in dealing with the capital issue. First, it has a liquid investment portfolio that can be liquidated to generate $1.6 billion in capital. Second, there is an annual dividend payment of $1.3 billion, which in our opinion should be immediately eliminated. Third, there is the ability, if necessary, to shrink its portfolio through natural attrition and generate over $3 billion per year in capital. And, finally, OFHEO could reduce Fannie Mae’s excess capital requirement since it has fixed the issues that gave rise to in the first place. This would free up over $9.5 billion in additional capital.
In conclusion, I could not name a more attractive investment opportunity than Freddie Mac and Fannie Mae at the current share prices for the long term investor who is willing to bet against the crowd and ignore the noise.
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
The Corsicana field is generally viewed as a depleated field so I hope we did not pay very much for it. The only upside is that it may be perfect for petrozene application. I guess it depends on what we paid for the leases, but I am sure the existing wells need quite a bit of work.
Mark
Amazing...Filing out FOR THE QUARTERLY PERIOD ENDED September 30, 2007
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6038670
At June 30, 2008, there were 102,007,618 outstanding shares of the Company's common stock.
Shows me the Company is not selling stock (as some intimated) but reserving it for another property. Releived that the filing is out, no more dilution than we knew, and 1 more to go.
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
I absolutely agree with Leigh. Just ignore them Jersey. I appreciate you spending the time getting the books in oder.
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
Hat Trick Beverages (HKBV) Signs Up St. Louis Distributor
Monday June 30, 9:00 am ET
TORONTO, June 30 /PRNewswire-FirstCall/ - www.hattrickdrinks.com PINKSHEETS: HKBV.PK is pleased to announce its plans to be shipping both Road Kill and Pumped Fitness to this new area shortly. In addition the new distributor will be taking SuperBuzz and BevBall as well. The distributor have executed the distribution agreements.
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In other company updates, the advisor will be visiting China in mid-July to continue negotiations with Henan Three-swordsmen Milk Company Ltd (3S), as previously announced, as well as following up on many of these new opportunities that have recently been developed.
Contact: www.minamargroup.com/helpdesk
Safe Harbor statement under the Private
Henry Ridge has claimed he had control of 70mm shares, not 7 million, so it may be his group selling recently, as the recent PR said they were having second thoughts on continuing their attack on the company. I am sure his legal fees are in excess of $50k so far, so hopefully his shares are the ones being absorbed. The shares given to Tango are restricted and so I don't see dilution and I agree that at this price who would short it, but I have been wrong many times. I think it's Ridge and son and group exiting, but then again they have never shown management they own or contol more than a few million.
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
Tara Minerals Corp. on Track for Production Start-Up From Don Ramon
Thursday June 19, 9:15 am ET
CHICAGO, IL--(MARKET WIRE)--Jun 19, 2008 -- Tara Minerals Corp. (Other OTC:TARM.PK - News), a subsidiary of Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (Frankfurt:T8N.F - News), is pleased to announce that zinc, lead, and silver production from its 100% owned flagship project, the Don Ramon and Lourdes property in Sinaloa State, Mexico, is targeted for the month of July, 2008. The production plant is in the final stages of completion and is designed to produce at the rate of 300 tons per day.
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The Don Ramon prospect is 331 hectares in size and is located 20 km ENE of Choix, Sinaloa State, Mexico. Preliminary evaluation of the property identified a former, abandoned mine and extensive Pb-Zn-Ag sulfide mineralization that forms mantos and chimneys. Mineralized structures lie within a complex suite of volcanic-granitic and sedimentary (carbonate) rocks. The project is located in the southern part of the La Reforma Mining District of NE Sinaloa State, Mexico. The La Reforma Mining District has been mined for more than 300 years, with substantial amounts of precious and base metals produced from numerous mines. The district has, to the best knowledge of Professional Geologists, never been explored systematically using present day, industry standard, exploration methods, including geochemistry, geophysics, and geology. Tara Minerals feels that many of the former mines and abandoned mines, in the region, are excellent exploration targets and may potentially host substantial base and precious metal resources that were never explored or exploited quantitatively and qualitatively due in part to market conditions, lack of technology, or lack of funding by the former operators and owners.
Detailed surface sampling and road construction have been completed. Initial mining of ore is planned from 7 mineralized zones. Permits needed to move towards active mining have been obtained. Purchased mining and processing equipment, capable of processing a minimum of 300 tonnes per day, is nearing completion. Water source for the property has been acquired and a well to supply water to the plant is nearing completion. High voltage electrical service has been supplied to an electrical substation which will supply power to operate the Plant. Multiple markets for the sale of concentrate have also been identified.
Tara Minerals' President Francis R. Biscan said, "We recently achieved a milestone with the public listing of Tara Minerals. With the quiet period now over, we want to provide an update to let our shareholders know that Tara Minerals is close to yet another important milestone -- positive cash flow. The credit for this progress goes to the men and women at the Don Ramon Mine. Without their expertise, teamwork and relentless efforts this simply would not be possible. We are grateful to the community, employees, vendors, support of shareholders, investors and look forward to achieving our goal of long-term sustainable production."
Tara Minerals will provide updates on production and development activities going forward. For additional information, including pictures of plant progress, please visit the website at http://www.TaraMinerals.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The
100,000 @ .05 on my Etrade streamer? Fat fingers?
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
I hope its Ridge & Son getting out of the way.........
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I think many are waiting to see the outcome of henry ridge's lawsuit and HKBV's counter suit (?) to see if the RS occurs and the added shares authorized are recinded
Hat Trick Beverages (HKBV) Receives Italy Shipment
Wednesday June 11, 9:00 am ET
TORONTO, June 11 /PRNewswire-FirstCall/ - Hat Trick beverages Pink Sheets: HKBV is pleased to announce that the company has received its 1st put on a multimillion dollar order and commitment of its I500 hot and cold beverage drinks vending units. Mr. Sender Vaiser, Hat Tricks CEO, said: "We are very excited to have received the shipment as agreed with the Italian supplier. We have a number of leads that we are following up with from the Chicago show and we have several restaurant distributor suppliers that we are talking to that are interested in using our I500 units. Depending on how those presentations go, we may open up a small Hat Trick - Tango Cafe - Palm Beach Coffee showroom to accommodate the presentations. We have also rented a small warehouse where we store the units, and the Tango coffee which is ready for immediate distribution."
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Mr. Vaiser concluded by saying: "We are starting to fire on all cylinders at Hat Trick. Our cold drink division reports 2 possible new mid size distributors in the US mid west section States."
In other company news, The Company has also completed additional filings on Pink Sheets related to its current status filing requirement. The company encourages its shareholders and followers to visit our filings at http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hkbv.
Safe Harbor Statement:
Press Release Source: Hat Trick Beverages, Inc.
Hat Trick Beverages (HKBV) Business Update
Thursday June 5, 9:00 am ET
TORONTO, June 5 /PRNewswire-FirstCall/ - Hat Trick Beverages Pink Sheets: HKBV.PK www.hattrickdrinks.com is pleased to announce that it has received a preliminary approval for a 10 million dollar line of credit facility through an Arizona based corporate financier. Mr Sender Vaiser, Hat Trick's CEO, said "The next step is the due diligence stage, which should take a few weeks to complete. What we like about this deal is the fact that our share structure will not be disturbed in any way shape or form. It is a straight through asset based loan that encompasses our assets and receivables. It allows the company to grow without encumbering the shareholders rights. We intend to use these funds to aggressively grow, and expand our cold drink division and simultaneously launch the I500 hot and cold drink units.
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In other company updates, on the Petitioner matter we confirm that we have made a formal offer to settle which by all accounts is fair and reasonable and will allow the Petitioner to see all the records of the company which a common shareholder is entitled to, and nothing more. This action has clearly in our minds placed a tremendous downward pressure on our stock price. This is an overhang that we do not need at present, as we focus on growing our business, closing some major deals, and taking our company to the next level.
On that note we would also like to inform our followers that we have heard back from Pink Sheets regarding our current status ranking. Pink Sheets compliance department has requested some minor clarifications and elaborations on our filings before we are granted the current status ranking. All of the requested information is readily available to us, and will be submitted and filed promptly for their further review. Having had a second chance to review their recommendations, we feel that these requests are not out of line, nor unreasonable. In fact we were quite impressed with their strict guidelines for issuing the current status ranking, to publicly traded companies listed on Pink Sheets.
Hat Trick management remains determined and dedicated towards receiving this highest ranking possible to a Pink Sheet listed company, and the management believes it is extremely close to obtaining the current status ranking.
Safe Harbor statement
8K out showing share structure
http://biz.yahoo.com/e/080604/fsnr.pk8-k.html
Press Release Source: Hat Trick Beverages, Inc.
Hat Trick Beverages Appoints Accounting Firm
Monday June 2, 9:00 am ET
TORONTO, June 2 /PRNewswire-FirstCall/ - Hat Trick Beverages Pink Sheets: HKBV.PK www.hattrickdrinks.com is pleased to announce the appointment of Skea Accounting from St Petersburg Florida. The appointment of SKEA will insure Hat Trick maintaining proper up to date records and maintain in good standing with the Pink Sheets exchange. Mr. Sender Vaiser Hat Trick CEO said "This is one of first and many steps we will take towards not only obtaining a current issuer status but also moving on and becoming an SEC issuer.
In other company updates, Mr. Vaiser announced that the issuer has compiled and filed all of its documents with pinksheets towards obtaining the "current status" ranking with pinksheets. The company expects this classification to be approved, or at least hear back from pink sheets, within the next seven to fifteen business days.
Safe Harbor statement under the Private
there is a new filing on Pink sheets. It is our atorney's opinion letter that is required by pink sheets and is one more step to fully reporting status.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hkbv
My picks are my own and many times wrong, generally looking 3-6 months out
'A government big enough to give you everything you want, is big enough to take away everything you have.' ........
Thomas Jefferson
Hat Trick Beverages (HKBV) Phoenix Show Announcement
Thursday May 22, 7:00 am ET
TORONTO, May 22 /PRNewswire-FirstCall/ - Hat Trick Beverages is pleased to announce that the company with its beverage distributor, Pinnacle Distributing of Glendale Arizona will be exhibiting at the Phoenix Arizona Restaurant and Bar show May 29th 2008 at the Civic Plaza. Hat Trick's CEO Sender Vaiser, who just completed a successful show in Chicago where Hat Trick's subsidiary Tango Cafe successfully launched its I500 Hot and Cold Vending machine, and unveiled its new Italian energy drink Tonino Lamborghini, said "We welcome a new set of legs and a new crew to further promote Hat Trick's interests in the Western Regions. The Chicago show presented us with many opportunities, and we have no doubt that the Phoenix show be no different." Travis Dumbrowski of Pinnacle Distributing said, "We are ready, eager and excited to promote Hat Trick's Pump Fitness and Road Kill beverage line at the show and to further increase Pinnacle's and Hat Trick's distribution volume."
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About Hat Trick: Hat Trick Beverages Inc www.hattrickdrinks.com (Hat Trick) trades on the pink sheets symbol HKBV.PK. Hat Trick operates an import energy drink division Tango Boost www.tangoboost.com importing Tonino Lamborghini energy drinks, a hot drink division, Tango Cafe, www.tangocafe.com which specializes in exotic coffees, cappuccinos and espressos. The Company also operates an import-export division, Tango Sistema, distributing specialty coffee machines from Italy. Hat Trick cold drinks division develops, markets and distributes high quality and uniquely functional beverage products. These products include Pumped Fitness (which features a high impact packaging design in the shape of weight training dumbbells), as well as youth oriented Road Kill beverages and other products in growth oriented sectors of the non-carbonated cold beverage market.
Safe Harbor Statement:
Simba, for months if not years HKBV investors have complained about getting info thru the blog rather than PRs and News Releases. Now that things are progressing with PR updates on everything from HRidge's petition to how the NRA Show went and all the filings to get current on Pink Sheets, you are comlaining still. You seem to view this relevant info as a pump and I view them as finally getting investors hard info. Are we in a better position of understanding the potential now (absolutely) or when we were relying on the blog? What would satisfy you? Just curious. I want as much info as possible myself.
TRGD shareholders only benefit thru the 80% ownership of TRM, but their is no dividend of shares to us as of yet and I do not expect one.
I see that Tango Cafe is an exhibitor under coffee catagory at the Chicago Restaurant Show today. Hat Trick does not appear to have a booth. Interesting that they are registered under Tango Cafe and not Hat Trick.
http://www.restaurant.org/show/exhibitorlist/exhibitordetail.cfm?ID=3585306
Tango cafe is also listed on the shows website under Hot New Products
http://www.restaurant.org/show/exhibitorlist/newproducts.cfm?CatID=Z
Check out the other new products for 2008 at the show on that page....lots of tea but the most intersting to me was Monin's habanero drink flavorings. Beverage Solutions also has an exhibit on page
wonder what's in it to require FDA approval other than caffeine?
Tonino Lamborghini Energy Drink
Taurine-, caffeine-, glucuronolactone-, inositol containing Energy Drink with 4 vitamins – high caffeine content (32 mg/100 ml).
Ingredients:
Carbonated water, sugar, citric acid, acidity regulator trisodium citrate, flavours, taurine (0,04%), caffeine (0,032%), glucuronolactone (0,024%), inositol, vitamins (niacin, pantothenic acid, B6, B12), colours (caramel IV, riboflavin).
Produced by: CULT D-38268 Lengede, Germany
Nutrition Facts
100 ml containing
Energy
192 kJ (45 kcal)
Protein
0 g
Carbohydrate
11,3 g
Fat
0 g
Niacin
8 mg / 44% RDA
Pantothenic Acid
2 mg / 33% RDA
Vitamin B6
2 mg / 100% RDA
Vitamin B12
2 mg / 200% RDA
(RDA = recommended daily allowance)
This product contains high caffeine and it is not suitable for children or pregnant women and individuals sensitive to caffeine.
"Before we can begin imports into USA we will need to obtain FDA approvals and USA labelling which should take anywhere from 4 to 6 months."
http://www.lamborghini-energy.com/main/home-tonino-lamborghini-energy-drink.aspx
Love the body paint on the model
Trick Beverages (HKBV) Completes Import Deal With Tonino Lamborghini
Monday May 19, 6:00 am ET
TORONTO, May 19 /PRNewswire-FirstCall/ - Hat Trick Beverages (Hat Trick) is pleased to announce that it has completed its transaction with Tonino Lamborghini (Lamborghini) energy drink and will become Lamborghini's exclusive importer of the USA and Canadian markets. Hat Trick will act as a Master Distributor and will commence the USA debut in the Chicago area followed by Southern California, South Florida and parts of Texas. Mr. Sender Vaiser, Hat Trick's CEO said, "Before we can begin imports into USA we will need to obtain FDA approvals and USA labelling which should take anywhere from 4 to 6 months. In the meantime, this will give us plenty of time to organize our marketing, and sales force and the logistics needed to successfully launch this product. The Lamborghini energy drink made its pre-launch debut with Hat Trick and Hat Trick's hot drink division Tango Cafe at the NRA show currently being held May 17-20 2008 at the McCormick Place in Chicago Illinois. www.restaurant.org/show. The Lamborghini energy drink will be marketed through Hat Trick's www.tangoboost.com web site for the USA and Canadian distribution markets. We will begin the process of discussing strategic distribution with our existing distributors, and we plan on issuing a forward guidance of Hat Trick for the next several quarters shortly. In closing all I can say is that this Lamborghini energy drink has the potential of transforming Hat Trick as a whole into a much bigger and much sizable beverage company."
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About Hat Trick Beverages, Inc.
I think part of the problem is that Henry says he has 70mm shares but has never shown or proven to HKBV that he actually does have any shares. Supposedly he was not on the NOBO list. I am sure he does have some shares, but even if he does have quite a bit, he is not an insider as pertaining to receiving proprietary info or the general running of the business any more than the rest of us. Only the officers and board are entitled to that info
Yes I may be a little bit behind management because they are the only ones that can get this company going. You also are one sided....for a couple of years now you have whined about everything. I look at things half full. The blog was a disaster as it was taken as gospel by most of you instead of a medium for conversation by the CEO as possibilities. It was a mistake to try to communicate with shareholders in a pink sheet company. Rather than letting the management do what it does, most of the Indians here wanted to be Chiefs and run the company or second guess every action taken. Larry has failed many times, but he has also succeeded in many things. Half full items he did do are Tango Cafe (he said he would merge with a growing company and he did and they seem on top of things...filings esp), AND (he said he would produce a product for JV with large distributor contacts and he did), he said he would buy a TX soda company (WacoPop...done deal), said he would do the Next Beverage Mogul (we are producing BevBall and everyone drove an inside contact from the board), and Pumped Fitness sales are increasing. Anyone interested in reading about HKBV and coming to this thread and reading it in the last year would run away as fast as possible. We as much as Larry are to blame IMHO for the share price. It is not doom and gloom as so many persist in telling each other here, but I do see a slim possibility of recouping my investment. I don't see any alternative but to trust my instincts about the possibilities and hold. Obviously you feel the same or you would have sold and would not be constantly whining about what could be. For God's sake it's a pink sheet stock and understand that it's just a gamble and really the only control you have is to sell or hold.
Good Luck to You which ever way you decide
Wrong....Henry has claimed to own and control 70mm shares with no proof. Too much time has been given him by Larry IMO, bordering on harrasment. His requests for inside info was turned down, but the info he demanded that was given to him was put together by our lawyer and we were billed for it. Now this lawsuit has also entailed legal expenses. My only point is our money should be going to production, not lawyers and I think a loser in a frivlous lawsuit should be held responsible for court costs and attorney fees. Otherwise, where does it end?
From what I have seen posted over the last few months, it seems like their should be a lawsuit against HRidge by shareholders affected by his frivalous lawsuit or by Hat Trick's attorneys. The demands he made of Hat Trick and Larry seem to me to have been only to damage the stock and company. To insist on being consulted in the everyday business as if he had a conrolling interest, constantly requesting info only suitable for insiders and refusing to pay for the info he requested, costing attorney fees and valuable time for that info he requested and was not entitled to, seems totally unreasonable. For a person who has never shown up on the NOBO list to have had the impact he had on Larry's time and our lawyer's time (for which we were billed) I hope HKBV seeks a judgement against him for the costs associated with his suit. Since I doubt he can pay, I assume he could payoff the judgement in shares he claims to have, thus reducing the share structure
new filing on pinksheets....may 11
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hkbv
No this is not the twitchy board....lets stick to HKBV
When the news or filings of a 100 to 1 RS hit I felt like I had been sucker punched. I have been thinking about this all weekend. Here are my thoughts. They did not value Hat Trick very much or really value Tango Cafe. Out of 405 million OS shares, we had around 200mm and gave them 200mm. Then they issued themselves another billion, so according to new management Tango Cafe entity is 6 times more valuable. They have 1.2b to our original .2b shares. After the RS and increase in AS, we will be back at 250mm AS shares with 150mm OS. Even if this new power drink from Europe is what the PR says as for as future revenues snd that they have $4mm in the bank, I just don't see their side for increasing the shares so dramatically. Have no choice but to hold for the present. I did talk to Larry briefly over the weekend (even though I felt horrible doing so at this time in his life) and he was unaware of it till I told him and was blind sided as well.
Columbia Metals highlighted in Hinde investment letter...see page 3
Columbia Metals Report - May 9, 2008
--------------------------------------------------------------------------------
Hinde Gold Fund April 2008 Investor Letter
TSX Venture Exchange - Symbol: COL - Shares Outstanding: 92,956,427
The Hinde Gold Fund is managed by Hinde Capital Limited at South Bank House, London, England.
Hinde Capital Limited received FSA Registration on September 14th 2007 to operate as the Investment Manager to Hinde Gold Fund.
To download and view a PDF version of the Hinde Investor Letter, please click here.
Please see Page 3 of the Letter for the reference to Columbia Metals Corp. Ltd.
Please e-mail Columbia Metals or telephone us at 416-364-6799 for more information.
http://news.columbiametals.ca/docs/hinde0408.pdf
or not..... From TRGD press release
The San Miguel project is a joint venture between Tara Gold Resources Corp. (30%) and Paramount Gold Mining Corp. (70%). Paramount is the operator of the exploration program and provided this update. Under the Joint Venture Agreement, Tara Gold has the option to retain either a 30% participating interest or a 10% carried interest on any new concessions within a two kilometer perimeter of the San Miguel Groupings. It has not yet made this decision regarding Elyca.
Please visit http://www.TaraGoldResources
We have to pay 30% of purchase to get our 30%
"Paramount Gold is a precious metals mining exploration company presently in the early stages of an extensive exploration program at their San Miguel project in the Guazapares Mining District, part of the Sierra Madre Occidental gold-silver belt of Mexico. Paramount Gold and Silver Corp. is the operator of the San Miguel project, which is a joint venture with Tara Gold Resources Corp. (Other OTC:TRGD.PK - News) (30%) who is required to contribute 30% of exploration costs to maintain their interest. Pursuant to area of mutual interest, Tara Gold has until May 30, 2008 to opt-in by paying its proportionate share of the acquisition costs."
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I spoke with Larry yesterday and even with the loss of his father he was OK. His father had been ill ever since his operation a few months ago and never recovered his health or quality of life. My prayers are with him. He said he was going to Chicago middle of next week to meet with Tango and be home the weekend next.
I disagree in the sense that it has always been about the Detroit facility. That was the nexus then for investing and the only thing that has changed beside the share structure doubling is that it is now ours. Yes, it is now up and running but the cost in shares and debt has definetly gone up substantially from origination