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Well this is interesting. I thought Illegal had spoke to the Dr about this and she said it was a private dinner/meeting for BOD types only? I guess this must be something different. Good to hear that more cases are on order or in distribution route but we have yet to actually see a picture of a bottle on the HBRM or Kamasutra websites that display "Herborium" on the label or bottle somewhere. Also they could sell a million cases and unless HBRM is receiving a high enough percentage to make a nice profit after costs are deducted then it really doesn't matter in my opinion. If they do not have money to pay their bills and fund these new ventures they will continue to dilute which also makes the 100M share buy back even more meaningless even though it appears like that will never transpire fully anyways.
Excellent and please provide a summary of your conversation as I did. I think you know the areas of concern that myself and others have mentioned here.
Now why doesn't everyone do their DD and verify exactly what you have posted and then everyone should email and contact the company asking for answers and clarification.
Well its not just that little secret about what (if any) percentage or vodka revenue sales HBRM will get and even better what is the net profit after their costs? There's other mysterious secrets also that draw concern such as the promised 100M share buy back and then diluting behind their investors backs. The 50M shares that seem to have been given to an individual or group at a discounted price and not documented on the financials and now most recently for over a week someone (or a group) seems to have been dumping tens of millions of shares at a very low PPR. Some speculate this may be an insider. Now if that is true, that indicates a problem to me because why would someone dump in the low .003's when they could have sold some weeks back at .0075? Why would they dump at all with all this great stuff coming down the pipeline such as the vodka, the energy drink, etc...aren't we going to the moon? If so, then why dump tens of millions of shares?
Not only read the filings but also call one of the founders of the company and try to get clarification on areas the filings mysteriously are lacking.
Call her yourself then and get your own questions answered. Your opinion means nothing but I think I will get a copy of my phone bill showing the one hour conversation, scan it and post if (if you can on IHUB). Just to show you that my HBRM info came from the source.
Little birdie tweeted that the pressure is building in anticipation of some huge news being released from Elite. We will be in the .13's next week maybe higher and when the news hits look for the .20's again....tweet tweet tweet
Well someone or a group certainly isn't ignoring. There have been tens of millions of shares dumped the past week in the .003 range. Someone is getting out fast and the question is why when the Fall was supposed to be the break through period for the company?
I know you were not on the call nor were others here which is why I posted a summary of the conversation to share with everyone. I also gave her credit for calling me twice and taking an hour of her time to speak with me. I felt a little more optimistic after the call but still areas of concern need to be clarified for investors. I know that exposure is good but HBRM needs working capital. They need revenue sources. The acne med is not bringing in cash right now for them based on financials so they had to dilute. If they are not receiving a decent percentage of the vodka sales then I do not see the exposure on a bottle which at this point may or may not even have their name on it somewhere helping the cash flow problem much.
Well that certainly contradicts my conversation some weeks back with the Dr. She was much more excited about the advertising on the bottle then the profits from sales which indicates to me that the profits from sales will be minimal if any at all after costs are deducted.
Has anyone actually verified that "Herborium" appears on the bottle or label anywhere for the vodka? I have not see any proof of this yet.
It is only speculation at this point unless some form 4 is filed if the party owns more then 10% of the total shares. If you look at the past week of trading you will see significant selling in large blocks of shares adding up to 10's of millions sold. Even at the end of the day yesterday a 3 million share block sold in the low .003's. Pretty obvious that someone or a group is dumping. Question is who and why? If it is an insider then that is not a good sign in my opinion.
She does like to chat and certainly gives ample time for the conversation. I give her credit for that and not just being short with her conversation. I hope she does a CC at some point and addresses the concerns. I also hope this private dinner/meeting is for something good and positive for the company.
According to this site it is headed for the moon or beyond today, tomorrow or next week or possibly sometime in the Fall or possibly when the drink alliance is announced or possibly when the cloudy areas are cleared up or possibly,,,well you get the picture...
Little birdie tweeted that is only the tip of the iceberg of things that are going to be huge for Elite in the upcoming short term period. More ground breaking events and news to follow that will completely take your breath away from this little company of ours. Tweet tweet tweet...
p.s. Hike I can not respond to your PM send me and email on y hoo.
Kamasutra vodka has been around for at least about 3 years now according to google search albeit the infused HBRM blend is new. Shouldn't the distribution lines, vendors, stores, bars etc...already be established? There must be some customer base if Bismarck has kept the product line active for the past few years right?
I guess I am just not understanding your logic here. Someone is dumping 10's of millions of shares over the past week. Assuming this person or group is an insider I see no way how this is a positive thing happening for the following reasons:
1. Insiders know intimate details about the company that we do not know. They know when something good is about to happen and bad as well. With the recent launch of the vodka and double size case order that followed with PR's shouldn't that be a good signal? Shouldn't we expect PPS to rise and financial situation to improve for HBRM? Why sell now?
2. The person or group dumping shares could have sold several weeks ago when the PPS hit .0075 on the vodka news yet here they are dumping tens of millions of shares in the low .003's. Why now? Does not make sense unless they know something really bad is coming.
3. Every stock that I have been involved in where insiders sold large quantities of shares lost value and we are certainly seeing that now as well. Now we have this person or group selling and a "Founders" private dinner/meeting scheduled according to info that Illegal provided in his post. Is this a coincidence?
You mean Bismarck is looking at 350-400K gross. We do not know what if any piece of the pie HBRM gets at all.
I think your speculation that and insider or "consultant" is selling off shares may be right. Of course they always sell off in large blocks of shares as we are seeing. It certainly has had an affect on the PPS over the last week or so as we broke through the support levels. This would be back down in the .002's now except for some paint buys to hold it up artificially. Obviously the news today had no positive affect on the PPS but the news was nothing significant in my opinion anyways which is rather typical for HBRM. So you don't think this has anything to do with an opinion on futures success for HBRM? I thought when insiders sell that is a signal to investors to look at as well. I know when you see the form 4's showing insiders selling stock you own, it sure makes you wonder what might be going on as they know the inside info that you do not. I certainly do not see it as a positive sign if insiders are selling do you?
Obviously it appears there is nothing factual that you can provide to support your prior post so will not ask for any further clarification from you.
and your thoughts or explanation for the massive sell off that has been occurring for at least a week now? why would this be happening if we are going to the moon or mars or some other planet?
Been posted multiple times by me already for the site to see. Kamasutra vodka is not a new product. The HBRM infused version of Kamasutra vodka is the new product that we have not really seen a good picture of yet that shows the bottle with HBRM's name on it somewhere.
To help refresh your memory I posted links to a post you started and that I replied to and asked you for a factual link to support your statement. I have not seen one yet but I am sure you can provide one to show the site here our HBRM product.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79280938
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79283865
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79283994
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79285188
Still waiting for you to post a link supporting your earlier statement. We would all like to see the bottle of vodka with HBRM on it or on the label so whenever you are ready we would like the link so everyone can see.
HBRM entered in a business contract deal with Kamasutra/Bismarck. They put out a PR that they would be receiving a percentage of gross revenue sales which is important because HBRM has little working capital and has been diluting the SS to raise money to venture into these other arenas. They have never said what percentage they would be receiving. When asked, the Dr replied that since they were in business with a private company that some information has to be kept secret. She seemed more concerned with the advertising then the income which made no sense when your company needs money. Perhaps there are some legal provisions in the business agreement which prevents HBRM from disclosing further info about their vodka deal. I do not know. Upcoming financials will tell the story though on this deal and show if they are making any money or not.
If HBRM is making money then yes I would be excited if all they are getting is some small print on the bottle (and we have not even confirmed that) then I am not excited at all because it will lead to nothing but more dilution in order to pay their bills. Don't forget they are still over a million in debt right?
There is some major dumping going on much like we have seen now for over a week. Gotta wonder is some insider(s) are bailing at this point.
http://ih.advfn.com/p.php?pid=trades&symbol=HBRM
Perhaps you should factor in estimated costs also to get an estimated net profit and then factor in HBRM's percentage and their estimated costs to get their estimated net profit. Oh wait, we do not know what HBRM's percentage is from this deal huh? Boy that sure is concerning and troubling. Have to wonder why that is being kept so secret by HBRM? Can't wait to see the financials on this one when they come out.
Take note of the sell volume also. Sells outnumber buys almost 10 to 1 and that is after the PR came out this morning. We are on the titanic right now and it just hit the iceberg.
Those concerns sure seem to be valid areas to determine real from fake here.
Great, please provide the link so we all can see the bottle with HBRM's name proudly displayed on it. It is not on the herborium website and it is not on the kamasutra vodka site that I have looked at so perhaps you have found some new site that you should share with us so that we can see our investment on each and every bottle being shipped.
http://www.bismarck.de/kamasutra/englisch/
Big money? How much money does HBRM make per case sold? Has anyone even seen a bottle yet that displays HBRM anywhere on it or the label?
Everyone really liked Bernie Madoff also and thought he was a great guy too...
2500 of them are probably from 6 people on this site that keep hitting the "like" button over and over again...LOL
You are comical sometimes 99. I suppose if someone paints the PPS for a nice little say .0042 then someone (perhaps same person) can come in and short is at say .0034 and make a little beer money. There is no substantial shorting going on here. There is no volume or interest at all. There is basically nothing going on here. Same as it has been since last May when they did that nice PnD play to .03. Wonder if that is where Sepe and Halperin got out? What do you think?
That is pretty funny in a sad but true sort of way.
Good post with factual based statements that I agree with.
Do you seriously think anyone is shorting this sub penny stock? The only time shorting may happen is like last May when the PnD play was in full effect and ran the stock to .03. The same persons that pumped it sold and then shorted it as it free fell as fast as it went up. They get both ends of the pie there in my opinion.
Pretty massive sell off going on here the past week or more. Anyone think some big holding insiders are bailing and selling their shares they were given for special pricing? Who is the math expert here? Does it add up to 50M yet?
Sure you are right. It's only been 7 plus years huh and now you find out about the criminals that were deeply involved with Lyric even at the highest level of management. Sure they weren't doing anything illegal huh like they were doing with their other penny plays? Sure Lyric came out with a strong definitive PR stating that even though those persons were involved with Lyric, there was nothing illegal going on with Lyric. Sure the world wide distribution company is making massive profits. They just don't want to show it their investors. Makes great business sense huh? Sure you can call or email the company and they are very responsive to you as a shareholder huh? Sure there's lots of interest and investor confidence here, just look at the massive volume going on daily huh? Guess what, if it walks like a duck, talks like a duck there's a strong likelihood that it is in fact a duck.