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"300+ with A&P is as good as done I believe, we're just waiting on official PR/shelf placement"
I hope you are right, but right now that is nothing but speculation (I assume)
I understand that, but the way I see it is that for months they were tweeting and emailing that they would be in 300+ stores by the end of Aug/Sept. Nothing. Then they hire this broker, who may well get them in doors, but what happened to the 300+????
While this may well turn out well, I read it as an admission that they have not been able to get it done.
Yup, the proof will be in the pudding! Lets get those placements rolling.
I agree that the Broker generally will not waste time with products that they can't place, so in that regard this is good news. But it also tells me that they have not been able to get in stores thus far on their own.
I understand how the brokers work, I was under the impression that C&S handled both aspects.
I did not see this as good news at all, but rather it discloses the problems that they have been having getting meaningful distribution.
ya, great friggen news....I see its pushing the pps to new highs today.
I thought C&S was the ticket.
In a word.....YES!
In my opinion, they need to start getting into some major chains....then we should see movement. A single 15 store chain is simply not going to cut it.
I saw that in one of their SEC documents....their "prime" season is a bit counterintuitive.....I would have expected spring/summer to be peak season.
No. I am not happy. 15 stores is nothing more than fluff. The sales associated with 15 stores should get lost in rounding.
Could not care less about social media....I want to see JALA on some meaningful shelves. 15 stores just aint gonna cut it.
Yeh, best part of the PR for me is:
"Additional retail supermarkets have approved authorization and will soon carry Jala..."
Who buys 2,000 shares? Shares price needs to double just to cover fees....
Unless there is a problem with my Etrade screen, it shows 10K at .015 DLNY; 10K at .015 NITE, and 10K at .027 for CSTI, so now there is only 30k.....
L2 sure looks funky right now....20K available under .03?
The wife of a friend bought some Yasso bars at a local supermarket. They were being sold at a deep discount (3 boxes for the price of 1). This was a supermarket that carried JALA during the trial period.
So, based on that info, it would seem that the supermarket is getting ready for their new planogram.....which will hopefully include JALA!
Common, get real....do you really think 160K shares will get us back to .02?
Yeh, at this point I will be thrilled with .025!
$700K cash is good....not much they can do with the equity though...slotting fees will likely cost far more than $700K
Would you mind posting the entire email? Sounds like it may contain some interesting info.....certainly more than the standard "stay tuned" one.
If you don't mind....would you follow up your email with that question? It really is an important distinction.....maybe its approved by the distributor? If it has been approved by retail chains and is awaiting po? Have they received any po's?
Was this a recent email?
I wonder what he means by "our distribution approved"? Approved by whom?
MJAM2020,
This is all well and good.....but until JALA gets on some meaningful shelves its meaningless.
I only wish I had Pristine's conviction, but I just don't see much positive at this point.
Manufacturing capacity is the last of my worries here.....in fact, I hope it becomes an issue!
Unfortunately, this is the same guy that said the relaunch was on schedule for Memorial Day, that they expected to announce some store placements in July, but were just waiting on legal signoffs, that they expected to be in 300+ stores by the end of August, etc etc
Back from vacation....I looked for JALA in freezers at supermarkets in Europe, but did not find any, so distribution in Europe seems to be at the same stage as here. None.
It certainly still looks like nothing is happening with JALA and the price action of late is certainly not indicative of anything positive pending in the near term. The significant increase in social media tells me that they are trying to create a stir to persuade retailers to bring JALA in......still in wait mode, but with each down tick it just gets more frustrating.
Just my opinions.....
Just checking in from Germany while on vacation...tomorrow was my pick for a PR....maybe, I will get lucky!
Bingo.
But do not worry, it will come.
Don't get me wrong, I am rooting for JALA as much as anyone here. I have a not so inconsequential investment here, that I would love to see work out....and I am not in any hurry. Having said that, I do wonder why management consistently misses their self imposed action dates. Not the actions of an experienced management group.
As far as the $250k is concerned, a fairly common requirement of financing. Other investors/lenders want to see management with some skin in the game.
Having tried several of the competition's product recently, all I can say is that they suck. I am looking forward to trying JALA bars!
I am familiar with retail workings and I can tell you that space is at a premium, and freezer space is amongst the most valuable real estate in any grocery store. I understand it takes time and in many cases, JALA must wait until other contractual obligations are completed prior to placement. Having said this, I simply don't understand why the company would continually state on Twitter that they would be in 300+ stores by the end of August. Surely, someone from management is providing/reading such statements. Additionally, IR said the same thing....I have no plans to dump my shares, but I do have a degree of skepticism that I did not have 60 days ago.
So, they have been tweeting for the last month that they would be in 300 + stores by the end of August....now we find out its September.
This is not what I would expect from this management group...somebody is failing to watch the store. Getting to think this might not end well.
For others here, with whom I have enjoyed the banter over the past few months, please understand that I am not attempting to deflate or even refute your enthusiasm. I am also high on JALA, after all I own a fir number of shares. My only goal is to be a realist understanding that there are many factors that influence any business and MANY experienced managers fail.
My single biggest concern is managements lack of getting anything done thus far in the time frames they set. Starting out with a relaunch in "early 2014" right to the current 300 store placements. As far as them not being responsible for what the agency tweets and posts on Facebook ....I absolutely hold them to that. The agency is acting in an agency capacity and to let management off the hook for it is foolish, in my opinion. Surly, this experienced management team has their eyes on the ball here, right?
You apparently missed my point. It's not the PR, it's the fact that a PR is simply notice that they have done what they have said all over the internet that they would do. That is, be in 300+ stores by the end of the month. So far they have failed to meet every one of their self imposed dates for action items. Sorry, but I have not been drinking the kool aid. Just because they were successful with Skiiny Cow means little or nothing now. Very different marketplace, competition and environment.
You refer to them as credible, but fact is, you have NO clue about their credibility.
Have you even tried the product?
Who had the 29th in the pool?
I am feelin pretty good about my 9/9 guess!
On the other hand, JALA's credibility will take a hit with a no news day tomorrow.
Did the market close?
BMAK and VFIN are such sleezes, its fascinating watching them move their asks around. Looks like pure manipulation to me.
Not much ask slapping today, yet....lots of buying an the bids though.
Nice script....lets see if it plays out.
MM's seem to like to only show 10-20K bids here, then fill millions of shares without the bid/ask changing. Very frustrating.
Looks like a party crasher has stopped by....VFIN is back.
My wife and I will be traveling in Europe on vacation for a couple of weeks starting midweek next week....during that time I will only have limited internet access....I know you guys will miss me! I imagine there will be a few anxious moments for me.