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How does CDID, which I understand to be a part of BWIH, figure in all this? Anybody know? Ernst?
Nothing startling or reallty unexpected in the 10K, I've always believed and continue to believe that the condition of the general economy is the BIG factor affecting this and many, many other issues. Like he said in the report, if the loans dry up you can't start up, at least in the manner that you would like. This is not yet a big money maker but the potenial is there to be so - good product, good management and a very good price. I've been watching this for over a year, have done DD and have invested a fair amount - so, this is all just my opinion.
It means that T. Mixon will have a new company with a new symbol and a new share structure to tap dance with. Terry off on a new adventure.
Stop! Let the discussions continue - information, good or bad, agreed with or not is interesting and even useful, just keep it civil and lose the name calling. I think it's a good buy and I have my reasons but really do appreciate the opinions and insights of others. Last I looked it was still a "discussion board".
Beach you make some good points and you do it very well. i may not agree with all you say but do find it interesting. Keep contributing. Look, I and most here I'm sure, find some agreement with your take on whats-his-name -ignore him.
"Why doesn't AMNE approach the large manufacturers?" Your question is one that I and many others have been stymied by since this time last year. Why don't they just bring it to market, either through the more established manufacturers or on their own?
If it's that good, dammit, sell it! Interesting that in all my DD I have never come across any reference to IR except on this board. Also, when I spoke by phone to T. Mixon in Conn. and another guy named Al Ward (now with TGGI I understand)in Georgia, they both seemed very evasive and went off on another subject when I brought up IR. Think maybe it's not all they say it is?? I no longer have a horse in this race, and I doubt that I ever will again, however it has been an interesting lesson on what not to do and what to look out for.
It adds up if the "patented blockbuster" isn't the blockbuster it's supposed to be or if it's being managed by a sub-moronic team. Those are the only conclusions that can be reasonably made If it's good, sell it. I don't think either of those scenarios is totally accurate but I do think there will be some new unknown players soon. It will be tedious for awhile, I still have 5 shares and I'm concerned for them. IMO.
Not a run-of-the-mill penny is true, in fact one of the attractions of this company is the deliberate and methodical manner in which the management team appears to be building the business. PR's are no-nonsense and direct, their infrequency is not a concern. Expansion of any kind (aquistion of Bread Gardens) in this economy is encouraging - when others rest, you move forward. Olympic exposure will not explode the company ahead but will be benefical. IMO
My sentiments exactly, since Feb. of last year I have done well by AMNE. The 100%+ flips are attractive and I may re-enter if I see any, any sign of movement north. Hey, it can't get no worse.
Why is it that a company (AMNE) whose only apparent product is gov't approved, environmentally friendly in a very "go green" world, energy saving in a world craving for energy conservation and easy to install - why is this product not being aggressively marketed?? There was never a better time than last year, 2009,
when green energy was the preferred flavor of business, politicos and the general public to expose and market IR, but these guys dickered around with sub-penny and untraded businesses, making plans, changing plans and putting up all sorts of smoke screens. Has anyone ever seen IR on a list of contractors supplies? I haven't. Either the product is not at all what it is said to be or these guys have no clue about bringing a product to market.
OR with all the share increases, deals done and undone and just general confusion surrounding AMNE, maybe it's something many of us suspect. Somebody's making money here but it's not those who have held for a long time and never took a profit when available.
No, you're not dense, you're seeing things quite clearly with this issue: too many familiar names, products and companies and too many unanswered questions. If IR is the "Holy Grail" of insulation with FDA approval, multi-uses, etc, why isn't it being marketed now? This is just going round and round, same players, same plans and frequent change or cancellation of plans and the annual change of symbols, buyouts and mergers, etc. Through all the fluff and BS remember, this was trading at .015+ less than a year ago and now it's worth .0001!! Neither TGGI or AFLE traded ANYTHING for over a year before getting involved with this, they're dirty, dead shells. Manny L has both ends of this (it won't go to completion) deal covered? Ecosafe is a rennovated shed somewhere in FLA doing zero business!! It shouldn't take more than that but the increase in shares to 20 Bil after the FS in July was a screaming red flag. It looks like, it walks like, it is - somebody's toy. Sometimes a cigar is just a cigar.
You may not have a buyer for 159M on Apr 1. I've said recently (post #68283) that this was a good idea with a good product but very poorly managed and thats become even more evident in the last month. A disappointment for many to be sure - all thats left is to pick it up and move on. All the best.
I think it is important to consider the mood of the market when stretching out numbers and charts. Anything prior to a few months ago is going to read sour because of the slow economy, howerver since qtr 4 it seems to me that things are stirring a bit, perhaps bringing more activity. I'm convinced that the exposure from the Olympics and any arrangement with HMS will be a very large boost to SPKL. IMO
I agree Owl, monitoring their current, or at least most recent, activity, would be a more accurate indicator of where they may be headed. The last couple of years have been numbing for any food retail and would tilt readings more than would be necessary. IMO
Probably on the plus slightly: Olympic activity, new opening, eco recovery generally. IMO
Not sure that it makes a whole lot of difference - it's 108 airports and numerous roadside rests on turnpikes around the country, great exposure for SPKL. Also "Marriot" attracts more than "Autogrill".
Marriot is opening franchises??
I think its a pretty safe bet that Marriot will be watching the activity at the Olympics in Canada in the next few weeks. If they decide to sponsor this in their airport locations, especially larger airports, this could really take off - maximum exposure everywhere.
I don't think you will have to wait even that long, this is a very visible product soon to be even more so with the exposure at the Olympics and the little ditties like the one posted earlier from Reno. Also, remember this is a consumer food product (one of the first items to fall off in bad times) that has been riding level all during this recessionary period, when the economy begins to lift this will too. It is a good quality product that will be marketed to consumers a notch or two above the McD and Subway people - an $9 or $10 sandwich appeals to a different group than the dollar menu or the $5 footlong crowd. The key, I believe, is exposure - especially in the East - of both Spicy Pickle and Bread Garden, and the restoration of the economy generally. This, of course, is only my take on SPKL and a large part of the reason that I started buying it. The price now is dirt cheap and I will probably being buying more.
Been watching this since before it went to .25 a few months ago -the management, product and share structure all came into play here especially during a down economy. Bought at .155 again at .10 and again 15,000 shs at .82. Well positioned, I believe, and it's in my back pocket. I will wait, it will go. IMO
They started as BDGW, did a reverse merge 11/08, with a BB traded Yukon gold mine (Grey Mining?)for the benefit of moving up in trading venue. Symbol changed to BWIH, they then bought up the remains of BDGW (now CDID) for restricted shares of the newly created BWIH (Budget Waste Holding, Inc.) I ended up with 6000 shares of CDID and 1200 untradeable restricted shares of BWIH which are a year old on 2/25/10. Back in 4/09 they did a BK, and are still there. Looks like it could be a lucrative flipper but I won't be holding it long. I'll sell as soon as I can, if I ever can. Could be the next Man of War or it could be the next SWMX.
WHAT??? A trash hauling franchise???
The Pepsico rumors attracted a lot of attention to this - but just to keep an eye on it - and the trading amongst the front office people the last few days has inspired confidence and buyers. Its at the bottom and looking up, slow and steady move north in progress. IMO.
Pepsico buyout??
Don't know if you've been paying attention Trickster, but there has been a global recession for the last two years. Not a good time to be aggressively building a business. SPKL has done well to hold its own during that time. Everybody's got a $.99 something or other just to keep the doors swinging.
Over the last week or ten days volume has been slightly but consistently up more than anytime since late 2007. They went over 1M one day - first time in more than two years. SPKL, like many consumer oriented businesses, is waiting for the recession - which they have weathered rather well - to subside. With the olympics exposure and a few more franchise sales this should head north in small jumps along with the rest of the economy. Of course the MM's and day trades will have their plays in this. If you can endure that you will be OK. Patience.
A month ago it was .0005 to .0006 then .0003 to .0004 now its down to .0002 and falling fast, soon to be untraded. A disappointment for sure but like you I was playing with house mone since last Spring and hoping and actually believing it was a viable issue. Not anymore. I believe that many of us made money here in 2009 but it was as much a "pink lesson" as anything. IMO
All the best.
It's over. I bailed out at .0005 - .0004. AMNE has been very, very good to me, a few good flips - a good idea but very poorly managed. The first flag was the LOI to buy Powerhouse back in April. Powerhouse eventually went to a company Banx and Green, located in CT not far from the UPS Box 278 in Hamden and operated by some of the former players of AMNE in it's earlier form. Also, never a peep from AMNE about the fate of the Powerhouse LOI. Then the announcement of the 5-1 F/S, which prompted the question, "Why the hell is a company that sells for three tenths of a cent doing a forward split?" However you knew there would be a run up in price, so you hung on to take advantage of that. It happened so we all made money. The amateurish bungling of the F/S process also raised questions such as; "Do these guys really know how to play this game?" But their perseverence in working it through FINRA was admirable and of course the run following the split was profitable. The doubt level increased dramatically with the expansion of O/S to 20B seemingly to accomodate the split, but really, thats a lot of shares for a start-up. The sale of Ecosafe to TGGI was curious too; they just bought Ecosafe in the Spring - plans seemed to be changing with each PR. The hyping of Infinite R but no real info on the product made no sense - if its that good tell the world about it. I spoke to Terry Mixon on the phone a couple of times in Nov and Dec and everytime I mentioned Infinite R, patent rights and his plans for it he was very evasive. He didn't inspire confidence. There won't be a R/S, this will sink further into the pink abyss and perhaps resurface as a gold mine in the Yukon, or maybe an oil and gas exploration company in Texas. It's over - AMNE ran a good race but faltered in the stretch.
Peach, TW23 - I concur with your assessment of the future for AMNE. In 2010, those O/S will diminish, either through a buy-back or cancellation but not an RS; an uplisting to another trading venue will occur, or at the least be vigorously pursued, and I-R will be more aggresively marketed. The economy on the skids, banks squeezing money - it's almost impossible to build and nurture a company on stock sales. A year ago Mixon said "18 months" - he's had a year and a lot has occurred since, some good, some questionable - I look for much more to happen in the next two quarters, the demand is too great (or will be) and the product is too good. A R/M with a clean, lightly encumbered, untraded shell currently listed other than pink is a possibility.
Makes for transparency and attracts attention from wider range of investors. This is only my opinion and thoughts, any comments are welcome.
"exclusive rights to market and sell in the state of Florida" does not exclude AMNE from rights in other states, countries or planets. Paradigm Polymers makes I-R exclusively, AMNE owns Paradigm Polymers.
My sentiments exacly AM. It's an operating business being held back due to widespread economic slump. Will rebound.
My sentiments exacly AM. It's an operating business being held back due to widespread economic slump. Will rebound.
Where has it been publically released that AMNE had rights to Infinite R only in FL? Before this "joint venture" in Sept. TGGI was a non-trading shell run by Manny Losado, Ecosafe was couple of pickup trucks with magnetic signs in the insulation business. AMNE had Infinite R - still does. What's changed? TGGI/Eco are now in business together, stronger united perhaps,
but still doing insulation using AMNE/Paradigm products, something they were not doing before Sept. Nothing has changed for AMNE except that there is now another insulation company out there doing business with their product, actually a few more when Triumph and others are figured in the mix. AMNE stood to gain with 50% of TGGI/Eco sales - now they gain with sales of the product to TGGI/Eco and other insulation companies. Sell if you feel unsure - I've been playing with house money for some time with this and I'm holding all I have. There's a product - there's a market, they only need to be brought together. IMO.
All the best, Peach.
I believe that is meant to read that TGGI will work with AMNE on the sales and distribution of Infinite R. Whatever, "I-R" is the purchased product here, whoever has it AMNE, Paradigm Polymers (owned by AMNE), or whoever, is well positioned, assuming it's all that we've been led to believe it is. Through all this manuevering and restructuring it remains that green, energy saving insulation is the flavor of the month in a very spend happy administration in Washington. IMO
I think you're correct, they are returning shares, not selling them back. Even if they were selling them, who is buying 50M of TGGI?
TGGI/Ecosafe will now pay to get the product from AMNE/Paradigm rather than getting it for free. TGGI/Eco will also pay, at a price set by third party (probably not much because TGGI was a dirty shell before it entered this relationship), for the TGGI/Eco shares acquired through the joint venture done in Sept.
AMNE gets paid for TGGI shares and now sells it's product instead of giving it away. AMNE forges ahead still holding the holy grail - Infinite R - while TGGI/Eco continue to do business using AMNE's product. Hold on. IMO
AMNE loses it's most prominent and, seemingly, most solid deal - unsettling to say the least and certain to prompt sell-offs of the stock. However, if it stays at or around .0004-.0005 it will still have legs. Its the product that sells and makes the profit no matter who distributes it. I was a bit surprised when this deal was done back in the fall - TGGI gives up half of it's revenue so they can get the product free? That's giving a lot and seems a little uneven. The product is there, the market is there - if its as good as we have been led to believe it will be sold - by somebody. Will hold and watch with interest. IMO
TGGI will now propell infinite R onto the market place - AMNE holds some sort of rights to Infinite R so the sooner and more of it gets into the market, the sooner we see profit. We don't own that particular distribution structure but we do own the product. IMO
IMO. The unveiling of "Infinite R" is being delayed pending the establishment of a sound and extensive distribution structure so as to "splash" it unto the market rather than "trickle" it out. I've heard a lot about this product but am not aware of it being used much. Then again, this Orlando exhibiton would be an excellent opportunity to give it exposure. That's what I think, what do you think?
Deal.