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The difference here is that we have a product people might want. Just look in the freezer section in Supermarkets. Some really dumb products there and they sell like hotcakes.
I honestly don't know that answer BeerIsGood. But we really should know the exact breakdown. I agree.
Alright enough is enough of this. Let's get back to CONO ITALIANO because that's where our money is ...right.
Many of us longs have waited for this company to prove itself. Some of us here have seen the facility, the equipment, the product and some of us have purchased the product and eaten the thing.
Scam, scam, scam is what we get from a lot of people here. Well I for one don't see it that way. A scam in Pink world is where you have a product or a product idea, that no one can even verify. And the stock value in those companies are higher that CONO in quite a few.
Do the videos of the facility, the racks of cones and signed agreements with Interstate Caterers are fake. Did me and my kids eat air at the boardwalk? What nonsense.
My frank opinion here, and I want to again say MY OPINION, is that CONO has reached a point in it's maturity as a company to deliver products and sales for itself and it's shareholders.
The company is on time with filings, signed agreements to manufacture and now we hear that they have expanded their reach in Canada.
Good for them. Let the PPS stay low for a while and that lets us buy more stock, and look for gains in the future. Again JMHO
I have been with CONO for a few years now and have seen it mature in it's equipment purchases, it's facility and shipments, and have purchased the CONES many times at the NJ Boardwalk.
It seems that lately the stock is getting pounded.
I am trying to help investors by stating the obivious. That they consider doing their own DD, so that they can make their own decisions about their own money with facts they have uncovered themselves.
It's bad enough to lose money when you research a stock yourself.
But at least you can blame yourself too. But when a stock takes off that you researched, it a good feeling.
Went to the boardwalk with the kids Sunday. Saturday had a lot of rain but Sunday was fine.
Took some pictures but forgot to take my camera to work so I can post them.
The lady at the counter told me that they have sold many of the cones, but seem to sell more of the Espanadas because of the local make up of the area. The people are more unfamiliar with the cones than they are of the other.
However, looking at the oven that is set up to heat the cones, it certainly had got a lot of use. Actually, they should take better care of how they maintain it.
She says that the were only open 2 days on the weekend now, because the crowds are away for back-to-school and the people mostly come on the weekends now.
I tried to see if I could eat one of the cones without dripping it on myself. It's easy to eat, but if your a strong hand person and squeeze on it too hard you can get some hot sauce on your fingers.
Other than that, they were pretty good I think.
My only opinion that I have, is that I think the cones appeal to younger people rather that us older folks.
Yes Seaside Heights New Jersey.
Have not tried the other yet!
Going there Sunday for some Cones with the KIDS. Hope there still selling them LOL
It's nice to see the back and forth here, but we're getting away from the real issues.
We can't just create issues for the sake of creating them, unless there's actual proven fraud involved.
With CONO it's just about management being quiet and that upsets some people.
The facts are in the legitimate filing on record. For good or bad. In between it's is up to management to make decisions on how they will update shareholders.
This is why in-place-rules say that to keep your listing status current, a company needs to meet filing requirements so that the shareholders and the SEC have access to the facts of the company.
This board, Twitter and Facebook are free mostly and that's why some CEO's use it. Plain and simple it saves money. But it can also be used against them because there are no rules to follow.
If you trust the company, buy their stock. If you don't trust them, then don't buy their stock. What's more simple than that?
The CONO product is REAL!
Want to know why the PPS doesn't move up? The main stream investors have not yet acted on to CONO's potential. They will when solid movement in sales comes in and is officially posted in a PR.
For the time being we have us guys; both longs and those looking for profits every day.
Yes I have eaten the cones and see the potential here. I see gold and silver mining stocks with a higher PPS but no real successful mining to show for it. Cono has products and it all comes down to patience and trust. JMO
Being quiet is a good sign in my opinion. Shows that they have everything moving forward and don't need a Pump to generate funds.
When the time is right, CONO will snap back with a concrete plan in place. Until then this is what we have.
But of course, this is how I feel and I am not telling anyone to believe in the company. That's you decision.
Can't help you with that!
I see where Bruce Dugan has started a Travel Log of his stay in India. He says he'll be there for at least five months time.
The Thrive World Website has the links.
IMO when a company has no real product and is just playing the PINK world, it uses fake PR's and Pumping sites to raise it's pocket money.
But when a company has a real product(s), it saves it's money to get the product into the marketplace with it's available capital.
Paying Pump and Dump only uses up valuable money that can be better used for actual company expenses.
A quiet company with a real product is usually a successful one in the end. But this is only MY OPINION.
Looks like we will get a new company and new products. Can't blame them seeing what Groupon is going through.
Daily Deals is a very competitive marketplace.
I'm all for specialized software and I hope they find the money to do it.
We all might be in a better position if they pull it off. JMHO
Canada Pizza Cones are all over the Internet.
CONO ITALIANO has the exclusive rights to distribute products for Kono Pizza Cones.
The Canada cones are Kono Pizza cones. If I reading the Canada sites correctly.
I feel better with the fact that the company states theye are waiting on more concrete agreements before making a solid PR's.
It looks like their going in the right direction with the new management. Let's hope their better than the old management.
I have to say though, when I looked at all the U-Tube videos they made for businesses earlier in the year, I was impressed with the quality.
Bought 170,000 shares this morning. Shows up as a sell instead.
Keeping it down for some reason.
I appreciate your take on this.
My stand on this food product, comes from my years in the Italian Food Packaging industry.
If a company that was already established added a new product, it was already at 3rd base with it's following, and only needed 90 feet to the plate.
Any start-up company that introduced either a new product line (like Barbecue, Lobster or Shrimp Ravioli, etc). or just tried to get shelf space at the Supermarket went trough the pains of Branding.
Look at the menu now in stores or Restaurants. Lobster Ravioli is a given these days.
But, I will plead the case for Branding. Most food producers of early stage testing and production foods usually use the services of a middle man who specializes in product placement.
This is where Cono is lacking right now, I think. It needs other types of placement companies to get the Cones into the larger foodstuff stores.
I know my own truth
1. I know the facility and what is produced there.
2. I have the product in my freezer.
3. My grand kids and I have eaten the Cones many times at the New Jersey Boardwalk.
4. Cono has introduced the Cones at trade shows.
6. Cono is making the cones available at other outlets such as convenience stores and gas station quick food stores.
7. Shop-rite in an upper New Jersey store has sold them.
8. And finally. This is not a hobby for the company - it's crawling before it can walk, that's all. As I said in the past...no scam stock files reports on time. Hell, they don't even have any attorney...most of them.
And another thing here. The company is not putting out Pump and Dump PR's to get some money. It knows what it has and with a little luck we will all make some money off of CONO ITALIANO. But again, this is just my opinion!
Stocks that are scams don't file on time, nor do they have any legitimacy at all if anyone try's to check them out.
CONO has a location, has a product, has filings (on-time), and sells it's product to the public. And appears to be expanding their reach this month.
Just because it's taking longer than expected for bigger things to happen does not mean that it's a scam by NO means.
Longs should stay put IMO, and shorts might just as well move on, if their not happy with the results so far.
Besides, the price is too low to bail out IMO unless you really need the money, or have a gazillion shares and want to sell some for pocket change.
Many investors brought in a higher PPS's and they have larger risks that some others.
And by the way. Most Pinks have the same lingo in their filings as CONO does. (There is NO guarantee that we can stay afloat without more capitol in the bank). Some act as though they never read this before in a Pink filing.
But this is all JMO on the matter.
OK Phoenix
New website has some really great videos and really good quality ones too, from previous work they did.
Thanks for the reply Smilin Penny...I am also awaiting the next financials like everyone else.
I also appreciate that you are long on this stock too. But, my stating that I am long, was not because I think I know whats really happening, but basically stating that I don't just don't pop in to the board and make a lot of controversial statements and then disappear for a time. Of course I am not say you do or anyone in particular but being long to me means supporting a stock, or I would have been out!
We are talking in a vacuum here at this point because we are waiting on the next financials out. I believe we are also waiting on updates to contracts and store deliveries at this point.
Past things are no proof of future things to come. IMO.
Do you really think that CONO would expect more investors to come in after telling us no revenues came in last filing, and doing that again?
I expect to see proven facts soon, because Mitch knows that anything less will lower the stock even more.
I'm a long here!!
All of what you say is true.
But what's the problem in reducing it even further after you do all these things, with a fuel saving device to boot?
I don't know what you're saying here.
Interstate is a manufacturing partner of Cono. But it does not say Pizza Cones.
It's only 3 months since manufacturing began. The rest is just preparation and tweaking out the company.
Cono Italiano's main goal was to find a facility in which to manufacture the products and help with distribution.
The cost of manufacturing the product has already been indicated in earlier postings. There is a formal contract on file with Interstate Caterers to assist with manufacturing and distribution. That's all there has ever been.
Probably some Cones were offered from the trucks in the beginning for taste testing.
With the costs of equipment,etc. even the trucks would not pay the freight. Especially in the colder New Jersey months the trucks lose a lot of outside stops anyway.
IMO the products will be FROZEN PRODUCTS cooked when needed. This is where the big money will come from, I think.
Why anyone would put faith in making a score in some trucks and boardwalk sales is beyond me anyway.
This is a gross manufacturing product that will be sold in the thousands per order, IMO and that's what I hope to see!
GO CONO!!!
When you want a stock to drop, start posting really negative things. I have to laugh when someone that I don't even recognize on this board just happens to arrive on the Hub, and tells us that we're in a scam stock.
Oh Crap. Large orders going out to Canada.
Three more days of posting needed to prove it.
Time to whip out the old Passport so I can go to Canada and eat a few Cones.
LOL
Here's a link to the Agreement with Interstate Caterers.
I assume it's still in effect as I did not find any Cancellation Agreement on file.
http://www.docstoc.com/docs/61923001/Manufacturing-Agreement---CONO-ITALIANO----11-15-2010
Cono Italiano, Inc. Partners With Interstate Caterers for Manufacturing and New Facility Location
Cono Italiano, Inc. (OTC.BB:CNOZ - News), the exclusive license holder for the North American Distribution and Manufacturing rights for "pizza cono," a one-of-a-kind, drip-free, cone shaped pizza made from proprietary dough, is pleased to announce their agreement with Interstate Caterers to manufacture Cono Italiano's line of frozen food products at their FDA approved facility in South Plainfield, New Jersey.
"We have a high level of confidence that Interstate will manufacture Cono Italiano's product with the highest level of integrity and efficiency," said Mitchell Brown, CEO, Cono Italiano. "They will not only serve as a manufacturer, but a useful asset in marketing and distributing our product."
This came off their You-tube posting.
The Amorim family is also expanding with a USDA kitchen that will produce pizza cones and empanadas for multi-channel distribution.
I assumed they were selling them on the trucks, but I don't know if CONO ever said this themselves.
I have to check that.
I've been in this stock for a long time. I have become familiar with how it works over time.
I am comfortable with it and have not ever had the need to call things lies, mis-information or mis-leading.
This is Pink territory. Start-up's stall, spike and many times fail.
All of it is done to get past first and second base, and if it has a product that actually has some merit to it, hopefully it gets to third base and home.
I wait it out until it's proven to me that it's a scam. I don't feel this way about CNOZ at this time.
Because there always seems to me that there's a lag between the PR's and the final result. Don't know why, but it is what it is !!!
There's a big difference in trying to boost a stock, than tank it! IMO
You're not a daily roadway commuter driving state to state are you?
Stuck in NYC, Jersey and Philadelphia traffic I guess, each and every day! Not trying to be rude. Walk a mile in my shoes or should I say drivers seat. LOL
Spending as many hours on the road, I often stop at the convenience stores at service stations that sell different hot dogs and other warm food and eat it in the car while driving.
Why, because the lady in the house says dinner was already eaten and your late, so pick something up for yourself. LOL
It's also convenient when you really don't want to stop and lose time on the road by stopping at McDonalds or Wendy's.
I think the Pizza Cone is an alternative to that. It's just that the product has to be more visible to the public. I hope it will!
Yes, someone wants to buy cheaper shares by trying to drive the PPS down. Simple strategy and that's why they only invested some small change to do it.
Mitch is in New Jersey and his products have begun to be available in New Jersey first.
Mitch knows that a handful of us very longs live here too and right where a lot of the activity is.
It would be stupid for him to make false claims about where his products will be available because he knows that all some of us have to do, is go there and verify.
My grandchildren have purchased the cones often at Seaside Park, because they go there for the rides. I have eaten them also.
Someone made this product because it didn't just fall out of the sky. It's a manufactured cone, and not one rolled on a sheet in someones basement.
I will wait a little longer to allow the products to appear in these locations and then get some gas at these stations. I'll let you know what I find.