this is their (ASFX) PR which is published by CNBC. No more no less, simply a databse gateway. Why will they not issue PRF about operational results?

I am not so sure about the products on shelves, What i have seen is a lot of on-line e-tailing and my opinion based on what I have seen and read, is that much of this is Drop-Shipped, the single least attractive scenario for a manufacturer other than white goods manufacturers.

i think the sex change thing has a ring of truth to it, a good way to conceal his identity

He has an employment contract that according to the latest iteration of the S1 is accruing any salary and other compensation that is not being paid.

If anyone is taking a paycheck here it would be sheer lunacy

So there are NO full time employees??

Im not sure about the comparison to Warren Buffet but I dont see the value he brings in relation to the deal he got. Just my opinion.

EDIT: OBI, With the evaporation of shareholder value (STOCK HAS CRATERED OVER 40% IN A MONTH) and the number of good things they allude to via un-official venues like facebook, if there was such a criteria to release this compliance detail, why would they not release the info via facebook? Why can't they speak to hard numbers and sales and operational progress via official communications, like this technical compliance item? Just asking?

Well the new PR confirms that there are no restrictions currently affectng their ability to offer news of progress to the market and more imporatntly their shareholders, so I would assume that all of the sales related news is forthcoming.

Dog, since I am fairly new to this board, can you tell me how long the "Uplist" has been in the works?

I stopped loking at this rationally a long time ago. At some point there has to be an agendo for someone, anyone to give these folks money. I keep coming back to the NOL Carryforward, that is all I can see.

EDIT: I would respectfully submit that seeing the terms under which they are accessing survival cash, anything that they could do to project a "Light at the end of the Tunnel That ain't a freight Train coming at them" would be a damned good idea. Comments Dog? CFG?

I have felt all along that an insolvency petition is not in the best interest of the creditors and the last resort. Lately I have begun to look at their NOL Carryforward as a viable asset for a creditor to benefit from.


I also believe that the doctor has potentially been used. He seems to be a genuinely well intentioned individual who apparently has gone above and beyond the call of duty. Unfortunately should an insolvency petition be filed, any repayments to him in the last 12 months (insider) would likely have to be disgorged to a trustee, but I REALLY HOPE that it doesnt come to that.

Ok, fair enough and I concur re the the good doctor, I have said as much on numerous occassions.

I understand Dog, I want to believe that they are not simply on a travel gravy train. All of these shows so far have produced nothing that I can see, other than an excuse for hype via pictures for Facebook, unless I am missing something. But then again it appears that that is sufficient for many people.

As i have said on here before, I am not well informed on the lifestyles of the Pink and Hype, I just look at the practical business issues and these types of activities seem illogical, but then again maybe they have a plan that I am not equipped to understand. This is just my observation.

I hope so too.

Why they would spend the money to attend Medica at this stage of the selling cycle is beyond me. The selling season is over, I would think that they would direct their resources towards activities that would advance the pressing issues they have on their plate. The people who would be in a position to write PO's for these items are not going to do this at this show. I hope someone can prove me wrong, FACTUALLY.

seems possible at least

EDIT: this poster was on here briefly........... prussian4profit .... a couple of days ago CK POST 47410 ON THE 17TH i THINK. There were a flurry of poats around that time.

Interesting, thank you. I ma not a trader. I am an investor. I may make two or three trades a week max. I ususally hold equities at least 6 months and some I have had since the 80's. The longest is since 81.
I am not a "Pink Guy". I had a particular interest in this company for reasons I will not discuss. Then I became curious about the Pink World and this became a convenient place to observe. Eventually I threw some money at it, much to my broker's dismay, but it was peanuts. I did that more for fun than for anything else as I find this board interesting.

The last 2 trades that combined totaled 7,000 shares ($35.00) which took the stock up to .005 after a flurry of trades at .0045 +/-.
Seemed like it could possibly be indicative of someone artificially inflating the price. I have never seen trades that small before.

EDIT: No I have looked at the management issues and decisions and do not have the confidence in the company. It's thermometers are fairly mundane at this point. The Disintegrator does not seem to have gained traction as it could have and they way overpaid for it. In my opinion it should have been a straight royalty deal and if was going to be an equity deal it should have been clean with no assumption of debt and the equity should have had significant clawbacks with the option to jettison the acquisition. I see no value added in the inclusion of Roth. The filing of the S1 was illogical both in concept and in timing. That filing to me showed Management's weakness in dealing with it's shaereholder-creditors as the only possible justification for embarking on such a folly would have to be pressure from that group. They, in my opinion, could and should have played hardball and renegotiated the debt. They probably did not really understand the leverages they had and were bullied nto a series of things that are at best unfavorable if not outright toxic. Now there is a compounding effect of more defaults and more band-aids. The precedent has been set and the Doctor apparently does not have the street savvy to get out of it. Taylor should have been on the Board but I am sure he ran like hell if that was asked. From what I have researched, he had some spurs. By the way I am currently advising a Silicone Valley start up on these types of things through a Voluntary (pro bono) Entrepreneur Mentoring group I belong to and I see a lot of this but ASFX has taken it to a new level.

Unfortunately at this point a 100% increas in share price would take it to the .008's where I bought.

EDIT: Thank you, while I differ in opinion, your answer is certainly technically plausible, unlike many of the assertions that fly around this board. My theory is that the book value of this company is so far underwater that there is in effect significant negative net worth or illiquidity.

Good Morning Winnotlose, With all due respect sir, may I ask what facts you are basing your assumption that there will be a turnaround in the stock price? Is this in any way based on real world business metrics? I ask as last Monday the 9th, you were kind enough to alert us all that that week would bring about a bump in the price, so obviously you have a new source of information that could be hugely beneficial to all. Thank you.

http://www.lexisone.com/lx1/caselaw/freecaselaw?action=OCLGetCaseDetail&format=FULL&sourceID=bdihja&searchTerm=eGhK.hfIa.aadj.ebQi&searchFlag=y&l1loc=FCLOW

If you remember a few days ago a post was proclaiming the marvels of distribution and the Huge Coup achieved by selling to C&S Wholesale Grocers. I commented that in the Industry they are jokingly referred to as "Cheat & Steal". Well you know what happens next...the stream of attacks, that just my opinion etc...

well I just thought about that a minute ago so i did a quick Lexis Nexis search. Here is but one example of a vendor that took them all. Most vendors try to avoid suing a retailer like the plague. For obvious reasons.

Of course if you read the whole thing and then the Judges finding you will see my point about unauthorized deductions and chargebacks..of course I am ignorant and just spouting off, you know the drill.."Yeah Mint when you were running the many Fortune 500 Cos. hahahaha."

RE- EDIT: No I did not see it, can you elucidate? I have to tell you CFG, I have never seen so many transactions that involve shares and conversions to equity to offset instruments in default. I am not sure that anyone could keep this straight without a flowchart. I pity the attys and accountants. You do have to give someone style points though. On the part of the creditors at some point the NOL Carryforward may be the only asset.

Of course there are some here that choose to mock my background and everyone else that raises legitimate real world business concerns. that does not affect me. I now understand that they do act like a gang of thugs and bullies trying to defy gravity. Unfortunately gravity and math have a thing in common...they both simply work. I only deal in facts and personal experience. As you know I have very little experience in the World of Pinks, actually this is the second one that I actually put money into and the other actually traded consistently at over a penny.

Nothing anyone would post on here would surprise me though, some of the posts I see on here have me rolling on the floor laughing.

Sorry did not know you had gotten in trouble..goes to show you what asking valid questions can do....HA!

CFG, I saw that issue, did not do a deep dive but will look again. there should be a corresponding footnote detaileng where the 250k plus comes from, Dog has made mention that they are overdrawn on the Authorized Common if fully accounted and converted. That may be the trigger. I guess we are seeing the bump that was all the talk last Monday the 9th.

Gosh gee wilikers I am just wrong on so many evels... gosh darn it! The bid is at .004, when will I learn...

Bid is at .0045. Its about as ugly as it can get, maybe there is some mopping up that will help. Do any of these debentures carry a share price reset in case the stock dips as it has? I know that this is looking great to some but I'm curious.

This is just a damned shame.

EDIT: The 3 Mill is strictly confirmed purchase order financing. Seriously doubt that consignment would qualify.

EDIT: I was surprised at how light the Roth bio was in the S1, for all of the experience and successes it was less than 200 words and I dont remember seeing the history of companies and achievements listed. Did I misread something?

I would offer that Marketing is not the "Exposure" they should be concerned about.

Well CFG, you know the old saying? Whats the price of water in the desert?

What was the significant consignment arrangement that was cancelled? It does not say who cancelled it.

Welcome to the ether!

Not my opinion. Sorry. Just a fact. And yes they need products too. As long as a company can manage the receivables and the torrent of chargebacks and unauthorized deductions that can emanate from C&S then all is good.

Hate to burst your bubble but in the CPG world C&S are often referred to as Cheat & Steal. Ask around.