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its not hard to figure out when a note converts, let me give you a little hint the maturity date is in the 10Q filing. Guess what, the size of the note is also listed in the filing but that means you'll have to read. As far as share holders, I only know what is posted on this board.
ha! great danes they'd probably kick me back.
if the drink was a success it would still be available, but its not. Ya I'm the fool, says one who held millions of shares through a R/S and eventual plummet down to .0001....but I'm the fool.
I'm sorry I was not aware you had first hand knowledge what stock I own or do not own, how about you just stick to flip flopping.
thats not public information, as you put it "DUH!"
Just exactly how do you know this type of inside information ?
The product did not do well or the idiots who run the company would have found a way to get it into the market, thats what successful business men do. You can use whatever excuse you want but the fact is these two idiots make much more money selling shares than pedaling a drink.
I'm sorry but your post makes absolutely no sense.
again you now this how ?
that note has been converting and should be about 75% complete, if its the same investor then there should be no doubt the 800K will convert just the same.
It doesn't, if the drink was a success it would have been produced again no matter what obstacles they faced. Maybe a better question is why did Dethrone drop them, why did Throwdown drop them. No its not because they saw a better opportunity with a major sports company, if thats the reason they "parted" ways with two labels then they are possibly the two biggest idiots who claim to be in the beverage industry.
I dont know how many pallets they produced but I do know if a product is successful you do not stop production you find a way to continue. The facts are the company has had the money to produce a product for quite sometime and they have chosen not to do so. Either no one wants their product or they make no money producing a product.
correct it did not do well, so a handful of posters brag about how great the product tasted and you sold two pallets. The company only had revenue of 40K and for whatever reason choose not to produce the product again but rather take out notes and sell company shares. Its pretty easy to see selling shares has been much more profitable as long as there are folks who believe the BS the company puts out.
and you know this how ? Do you know this investor ? This product was in consumers hands at one point, it did not do well.
its a convertible note, whoever the lender is really makes no difference they will want their money back. Being I highly doubt TBEV has 800K to pay back the note it will convert just like the 500K note is doing.
Taken from the last 10Q, where does this say it was a private investment loan and non convertible ?
On November 28, 2014, the Company executed a convertible note payable in the amount of $800,000
payable on May 28, 2015, bearing interest at 1% per annum. The note is convertible into the Company’s
common stock at a variable conversion price equal to 56% of the market value at the time of conversion.
the 800K note is convertible into the company's stock, there is no private investor loaning TBEV 800K.
the stock is nothing more than a share selling scam, but that does not mean I will not flip it for profit. That should make sense to everyone who wishes to profit.
fantastic! I made a couple grand off the meaningless run hope everyone else did too. The "many" you speak of said it would hit no bid once the 800K note converts, that has not happened yet.
thats funny, they paid off one of the smaller toxic notes with cash they received from a larger toxic note.
they made something like 40K when they produced a drink and guessing they lost money after costs were figured. Its easier to produce nothing and pocket 1.3 mil in toxic notes.
the drink does not exist yet, they have been using one excuse after another regarding the lack of production for the past two years.
looks like it is already dying off, glad I was able to dump my 2's this am.
hard to tell from the last 10Q if contracts with the athletes expired in Jan of this year or not, the 10Q is written so poorly. If Joe is saying they are all resigned then I assume they all had to be paid again, will be interesting to see a current 10Q.
yep, they may include a line about another big box store contacting them...the old lets wait and see what happens.
for any other company that is a logical business move, but for TBEV they will likely push the production date out several times. They would be overwhelmed with charge backs and loose even more money.
the only way the note does not convert in full is if the lender wishes to loose money. I dont see a toxic note lender changing their business model to become a TBEV investor.
Product or no product the major issue is the next note for 800K due to convert, they will be adding at least 2 billion new shares. Unless TBEV can do some serious pumping this is headed to a no bid.
who is JC and why such odd specific details, anyone know ?
wow! an additional 2.5 billion shares, this will go to no bid.
yes, they do nothing but lie and mislead investors. Why on earth would I waste my time calling two idiots who run a share selling scam.
Who exactly would we call TBEV, I highly doubt you will get an honest answer given their history.
On February 2, 2015, HIGH PERFORMANCE BEVERAGES COMPANY (the “Registrant” or the ‘Company”) was notified by L.L.
Bradford & Company, LLC (“Bradford”) that the firm resigned as the Registrant’s independent registered public accounting firm.
Who is the current accounting firm ? If I recall the last one dropped TBEV as a client.
they wont, I doubt there will be an amendment. Too much to risk getting caught cooking the books.
by the end of June the company will issue yet another reason for delaying production, it may not matter if the stock is at a no bid situation. Whats the point of producing a product that had dismal sales last go around.
no its not that simple, the idiots who run this company need to be held accountable for all the loses that have accrued due to their issuing false material events.
Taken straight from their last 10K, it will be interesting to see an update.
We have also entered into contracts with several professional sports personalities (Jonathan Quick, Aldon Smith, Haloti Nagata, Taj
Gibson, Matt Moulson, Brian Braham, Kenneth Draun, and Andrew Depaula) to represent us by endorsing our products. All contracts cover
three years and require us to issue an aggregate of 8,220,000 restricted shares of common stock over the lives of the contracts plus up to an
additional 1,652,500 contingent shares based on performance criteria.
when the company issues a PR stating they have initiated production there was not an intention but an action. Stop with the notion that OTC traded stocks are not required to follow all written laws.
what exactly would ones agenda be if they simply call the company out for not only misleading investors but blatantly issuing false material events ?
you must be joking, all this company does is commit "fraud". So far the company has amended nothing and I highly doubt they will.