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I know about the battery charger as I am the one who suggested it to the CEO.
Reverse Splits Suck and this stock Sucks also. Split rise and go down back where it came from is what I have seen. Not enough revenue to justify a R/S IMO.
I agree with you Flip 10. Going to toast all the loyal shareholders to move from on penny stock exchange to another with that has some lipstick on it. What a muffed up mess.
I picked .0012 as the low. Got fooled again.
Myth, You said: The shell certainly would have some value, but 1.2 bl OS would really dilute that.
So as some levity: I said R/S to get the share count down, but I see my mistaken thinking now, I guess. I was thinking fewer shares would make the value higher to the new owner of the shell. I really do not know what I am talking about.
We got screwed by the company as they willfully did not keep the financials up to date. Incompetent at best.
Myth, They need to R/S the shares after they pay us. I would vote for that R/S. How about you?
Flip, That is what to do with this stock Flip. Check history. Up and down.
Should I buy more?
So when this payout happens where does the money go and what happens to the shares we own?
Delisting can come at any time. Just like SVMI got delisted for being behind in their filigs. Lost money there. CEO was working on getting current, but he fooled around too long and got axed right before he would of been up to date. Sad but True. If it happens you can all but forget your money invested as the odds of getting relisted are low.
Thanks tbk420
Great news for the company. I hope it gets a lot of exposure and wakes up the investing world. I am afraid the business model is too boring for many and therefore will not get a lot of interest. Now if the company started showing great revenue that would change things a lot. Too quiet and not enough waves being made. IMO and I own stock.
Anybody hear from this company?
Take the 10,000,0000,0000 all issued and do a 100 to 1 R/S and now you have the 100,000,000 share level to start all over again. Just saying.
So at $30 average price per bottle that would equate to 1,082 bottles sold the entire year or just under 3 bottles a day. I could go door to door and do better than that.
For the Three Months
Ended March 31,2018
Net sales
$32,476
Cost of sales
$5,859
Gross profit
$26,617
This 10Q looks like Crap. Company likes going to the well and spending money it does not have but gets from stock issuance as they sure do not get enough money from revenue. Lots of doubt as to if they will make it or not. If it goes up again it will be a pump hike nothing more. IMO
Don't shoot me, but I want my ice cream. Been here waiting and I hope it does not melt by the time it gets delivered.
I wonder if Rik will pull the old R/S again as he has in the past.
Don't make fun of my purchase.
Where is my $14>?
Thanks for making that Clear worthylion. Sounds OK if we don't get ripped off from the remaining money.
Thanks worthylion. That says a lot of information about the deal. I have time to vote and would like to make the right decision based on facts. I did not like the part about lawyers taking advantage of the money on the table. Do we keep the shell and the money in what is left of CBAI other than the assets? I wonder if anybody else here would dispute your analysis.
So, the big question is, has the highest price per share been reached recently and will never get that high again? I wish I understood what was going on here better.
Cutting through all the BS, has something come to light that makes the share price go down. Something filed or said by CEO? Just asking as I do not have time currently to do DD.
macdwatcher1, I hope you are right as I have not sold any of my shares yet and I have multimillions of them.
It sure as heck happened that way for SVMI.
If shell play chances are we would still not get anything for our shares. Right>?
I did order and was sent a Dyno Valve. I installed it and all I can say is my mileage went up and my power is boosted 230,000 miles on my Tahoe. Oil was cleaner also. Too bad we will never get our investments back.
Anybody out there that knows anything?
I don't get it that the sales did not increase in 2017. Spread out all over the place and no sales increase. How can this company survive?
What do you mean by looks better? In what way?
Is Serge ever going to get this engine started? He should be able to with the plasma spark plugs and all.
Dreaming?
So Myth, Do you think this stock might trade higher than the price per share we will get when deal is closed? If it has a wild bump, I wouldn't smart money get off the boat?
This is and official complaint. I hate dilution.
Silly boy.
Well said.
I believe Serge Believes in Us.
Does this mean they are going to make up for low pay at the sale?
In response, the board took drastic action including announcing a review of strategic alternatives to maximize shareholder value and moving to an outsourced model under which more than $1 million in annualized operating costs were reduced boosted by unsustainably low management and board compensation, allowing CBAI to generate cash flow sufficient to pay down its debt.