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You've been here for several months and at some point you may have reflected your ownership in the 5-7 million-share range; I salute.
We are yIelding incredible net income (cash machine), unbelievable! However as you know what management says is relevant and it does speak to "trust"! Therefore it is most useful even if it only supports trust to implement the name change. Also you'd have to admit that we could save time and money if less of our PRs were allocated to explaining whom we are-smile. It's cumbersome.for me, subsequent to their completing their name change even if it's perfunctory, addressing and upgrading out of the "pinks" and becoming fully reporting would be masterful!
In the meantime it feels like $6-$8 million is revenue is attainable this year with $800,000-$1,000,000 in profitability.
We can easily justify $25 mil-$50 million valuation today.
I am excited to learn of distributing outside of the US.; what about you?
Consider purchasing product from the company. It's a heck of a way to get introduced.
Right, however inventory really grew app. $90,000. Wouldn't it be great for us to own the "direct sales tincture market"?
Is the company responding to your request?
What is expected in the shareholder update this week?
What's the news or the question? I used a maximum of 1,000,000,000 shares and made comments similar! I also said that they would need to get shareholder approval to authorize that amount.....if required.
Let's hope you're correct! I assume you believe that a shareholder vote can negate an existing note? "We don't like it", right?
I'll let this rest and hope that on 4/20 we get amazing news.....name change, new website, etc.. that would make my day/week/ month!
I have loaned money to (2) companies in the last 15 months AND I can't think of a reason I would renegotiate it EXCEPT to get MORE because frequently these notes fail. Looking at the supposed original dates I bet they have been extended or changed because they've taken so long. The authorized # of shares is 900,000,000 common shares so they may have to get shareholder approval to increase" the number; they would automatically "almost" seek to double the authorized number or get approval to do a reverse merger to reduce the # of shares and # of shareholders.
There are MORE shares beyond here (e.g. 10,000,000 issued last quarter for another party); there will be others plus a stock option plan that we don't know how many shares are allocated? I've written the company again this morning and requested whether the notes can be retired NOW. Since Blue Crush/Ballas has an indicated 9.7% ownership position, I/we don't know what agreements there are because this is NOT a strong ownership position to-date. The BEST scenario is to have a full audit of the company so we can get close to full transparency.....we may find that the1st note is/was for personal reasons not associated with the company? This would not surprise me. The company must name a CFO soon to keep it all on the straight and narrow!
Highly likely we will exceed 500,000,000 shares issued before year end 2018. We will likely be @400,000,000 by November 30, 2017.
This is far too much energy for a person wanting to participate in this sector for $1,000 throw, therefore a full audit, CFO, upgrade to a fully reporting status, and an outside board of directors just make it so much easier to invest. We may get a hedge fund interested; they would be considered almost nuts to play until these things are done.
I too have paranoia, however the company has been "issuing" common shares to it's note holders as per their note terms. Most generally these are restricted shares that take 6 months or a year in order to have the restriction removed in order for them to sell. The note holders could be selling those shares to "other" individuals should there be an agreement between the (2) parties. I WISH that the company could have sold shares @ $.0 3ish to in turn retire the debt (3000%) favorable which is also the reason that the note holder might find it impossible to give up their rights!
We will highly likely issue more shares in the ensuing quarters; the question is ONLY how many more? FWIW some metrics for consideration are:
P/R (price to revenue).....5-10x....$25,000,000-$50,000,000 valuation (used projected rev of $5,000,000)
P/E (price to earnings).....25-50x....$20,000,000--$40,000,000 valuation (used projected profit of $800,000)
Repeat customers....$500-$1000 per...$12,500,000-$25,000,000 valuation (used 25,000 repeat customers)
If this is a reasonable approach, we/you can use any number of shares to determine an estimate of "per share" value. Today the number of shares is 266,000,000-ish. So we can use 266,000,000-1,000,000,000 shares (worst case I see by the end of 2018).
As we progress further we change the projections to the proven results! Therefore if we chose to use a $25,000,000 valuation and 300,000,000 shares "today" we could say that $.08 per share is reasonable! MANY COMPANIES IN THIS SPACE have more aggressive valuations!
I did this for myself and decided to share.
Beethoven, where are you? You do real due diligence; what's your perspective?
.....so is this your way of saying that the revenue decreased from quarter 4-2016 to quarter 1-2017? This is fact, however I love the way the company achieves so much profit out of its revenue.
Yes! Fabulous profits also! The company knew that absorbing the 10Q results might be a challenge, hence they announced the good stuff in a short.& sweet PR very early in the day; smart move! Tripling the # of issued shares in 2 quarters with MORE to come takes a minute or so.....
Is the revenue "up" from last quarter?
....don't understand?
i have written the company several times and offered my comments to try and keep them out of this forum because I agree with a lot of what is said. There are some outlandish thoughts proffered here that seem positive but are highly unrealizable. A good executive or leader learns from honest comments as you are providing.
The buck stops with Mr. Ballas. If he wants to change our perception on share structure, dilution, name/symbol change, audited financials, fully reporting, CFO addition, etc., he can do it!
They provide a great product for a competitive price, distributed via an efficient channel that yields real PROFITS.
If I complain about "our" paying off loans to him from 4-5 years earlier at an uncomfortable conversion rate, he can let it ride without comment, remedy it, or provide us with salient thoughts so we can deal with it better. He has the Bully Pulpit; he "shapes" our thoughts!
It looks like we decreased convertible debt by $-72,000 with $30,000 of that amount being paid to Common Sense Holding! 82,000,000 additional shares issued with 72,000,000 of those issued to our convertible debt holders.
To me the continued overwhelming positive is the efficiency of the company to deliver PROFITS!!!
Almost any company would monetize their proven ASSET!!!
Are you saying that they have or have NOT developed a great piece of software that they are deploying that facilitates a superior implementation of direct marketing via the internet? Why wouldn't they monetize this asset if they prove the concept?
"they should be in marketing instead of CBD". You may have said it in jest, however there may be clear demonstrable value in part of that statement. There is this $680,000 ASSET on our books which is I believe the software DEVELOPED by Blue Crush Marketing which is intended to (I believe) address internet marketing and conversion rates!
Wouldn't it be something "extra" special that we have perhaps the most efficient marketing tool in this segment, thereby our cost structure might be the BEST! Maybe we can monetize this tool to other industries!!!
Remember that all of December is included in Q1. Also Q4 of 2015 is our highest revenue quarter in our history. I'm hopeful that the company's operating results continue to be good to great; we'll need to grow as a professional entity to get many more investors to begin to invest.
Not a lot of need for conjecture because the actual 10q is any minute now.
Realistically what do you actually expect the quarterly earnings report to tell us? They have provided an estimate of revenue for the quarter that is actually a decrease from the previous one, in fact I'm concerned.
There will still be debt! Hopefully there is a significant reduction AND only a modest conversion of shares.
Hoping the company "sold" shares into the volume we've had and used it all along with generated positive cash flow to accelerate retirement of the convertible debt! Paying off with $.027-$.03 is preferred to conversion of shares under our current terms.
Why not a material progress report with name/symbol change along with a positive and complete set of financials this week. The 25,000 announced customers can yield huge revenue if only 80% purchase $350.00 of CannazAll per year!!!
Great vibes for now! What an incredible time for great news! Volume is extraordinary.
Same sentiment on earnings! Very positive revenue growth however 1Q's projection is lower than 4Q of 2016. Maybe there is a seasonal aspect? Inventory has to support the latest marketing program so 1Q's financials might show a bit of uptick vs the actual revenue. Eager to see revenue, inventory, profit with snapshot of debt and share issuance.
Why is it now looking like it's ready to move?
Why is it now looking like it's ready to move?
Top D probably is referring to a Reverse Merger.
I'm still stuck on our eminent name change to Endo BioSciences Inc until told otherwise. I have written Mr. Ballas earlier today and it includes this specific question. I believe in the company's products and using the 'internet" as the direct distribution channel even though my guts tells me that an additional channel might be syngeristic!
I am NOT smart enough to continue to intelligently read between the lines. We can all be great "longs" yet have some needs to have questions addressed.
Disagree! Been invested since Sep 2016 and haven't sold any shares. Three name changes announced without "announced " success is unnerving because it suggests for me there is an underlying problem, perhaps it precludes our becoming fully reporting? Therefore it's effect on me was/is to stop acquiring more shares.
I wonder whether the $690,000+ software development asset can be monetized within the next several months?
Maybe not in this instance. We should have the last quarter's filing in the next couple of weeks to understand current status. My guess is there will be some convertible debt reduction while there is potentially some shares also converted to add to our O/S, while still reducing debt.
We could actually achieve a $MILLION in PROFIT this year. $$150,000+ profit is attainable for last quarter.
We could actually achieve a $MILLION in PROFIT this year. $$150,000+ profit is attainable for last quarter.
We could actually achieve a $MILLION in PROFIT this year. $$150,000+ profit is attainable for last quarter.
We could actually achieve a $MILLION in PROFIT this year. $$150,000+ profit is attainable for last quarter.
Eager to see these results.
What would make a difference for Q1 given we know that revenue is $1050 mil-ish?
I agree Smokey that anticipated CD share conversions are baked in to today's PPS; any reasonable investor who's read the financials would try to include this in their DD. They would find it a challenge to figure what's correct with the real number of shares with the information available.
The recent 50% growth stated may NOT equal the growth in number of shares! We need an understanding of the notes details and/or renegotiate them ASAP. If we were able to borrow enough for completed pay-off, what might that save us? Wouldn't you think that a $600,000 private placement, selling shares @ a discount at the avg of the last 4 weeks closing be doable?
The name/symbol change is mostly of concern to me because they've made it a big deal and can't/haven't delivered, This reflects on Ballas and our team!
If we knew that we had 285,000,000 shares outstanding with NO convertible notes, a completed name/symbol change, and clear direction of a $8,000,000+ revenue and $1.6 mil in profits, wouldn't we all purchase more shares and a whole new group of investors would tear down our doors to participate?