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Thanks for the information. The equity financing should help GRNE expand operations faster than their current rate only using income from the Landis locations. The downside to this is the increase in the number of OS. I could see GRNE performing a reverse split down the road to deal with the number of shares on the market. This would not be entirely bad if executed properly and would bring the share price to a level that is attractive to other investors and possibly institutions. Even with a reverse split, the market cap should still reflect investor valuation of the company. The current market cap does not reflect the company's assets but should rise as more assets are acquired and income increases. The SS definitely needs to be dealt with in the most appropriate method.
Another option down the road is for GRNE to buy back shares to help deal with the SS. This would be similar to a dividend to existing investors that are holding shares because it removes dilution.
I agree. Something is stirring in GRNE. The revenues reported from just one location is not reflected in the share price, let alone the assets that GRNE owns. Also, a private firm that is willing to invest $10 million equity financing to a business must have confidence that the business will succeed. Also, the fact that over 600 million shares are set to buy at $0.0001 and the $0.0002's are getting eaten up leads me to believe that someone knows something that is going on.
Don't get me wrong, this is a risky play as with anything at this level in share price, but a small investment could yield a much higher reward should the company take off. An example to look at would be Bebevco. People that purchased shares at $0.0003 are sitting nicely right now. It can happen and I can see it happening with GRNE.
Thank you for the detailed information. That definitely puts things in perspective on that type of financing.
The product is selling in my area. I didn't even have to contact the distributor but talked with an employee at one of the Cefco stores here that did not have it and was told that it could be found at the other Cefco stores in town but that their location was soon to be stocked.
Upon going to one of the other stores I easily found Koma Unwind and there were only a few cans left of the non-diet version. I purchased those and asked if they had any more of the non-diet Koma Unwinds. The clerk told me that they would have it restocked soon but that they were selling like hotcakes. She also said that she had tried it and loved it.
To make an accurate assumption that the product is selling, or not selling, we would need to perform a larger sampling of data. Some of the items to consider include locations, demographics, populations, and any other factors that could produce different results. I think BBDA is doing a good job at targeting specific markets such as college students because of late-nights, long days, and lack of sleep.
I would hope so. I really believe that SRGE is a solid company and undervalued based on less dilution, revenues, increased operations, and additional mines. The near-term target price of $0.20 is also appealing and I think very achievable.
A R/S is definitely not always a bad thing. If BBDA performs say a R/S of 1 for 10 shares, and reported $0.01 per share in earnings, the adjusted EPS would then be $0.10. This is similar to the market cap. If investor valuation accounts for the market cap and a reverse split occurs, the market cap should remain the same and hold steady. As you said, initially the share price could drop but should recover based on a solid company.
Later on down the road the company might reach a point where a normal split needs to happen to bring the share price to a lower level for investors.
I honestly do not think that a R/S is going to happen with BBDA based on the intentions to buy back some of the shares. I could be wrong but either way I don't worry about the outcome unless I have something to worry about. Everything I have seen is positive for BBDA.
That is a pretty detailed and extensive report to have just been thrown together using false information. I believe that the information SRGE has been posting is accurate and very positive with respect to the direction of the company. I have no reason to discredit the information unless actual proof is given that the information is false.
The NI 43-101 requirements state that a qualified person must "Sign-Off" and vouch for the report. It does not state that the qualified person has to apply his signature to the "Actual" report released to investors. We can't classify this as false information unless an audit is performed and it is determined that the information was released without a qualified person that can vouch for the information.
The $0.20 target price given was based on the current number of outstanding shares and only included the Cinco Minas site to give a conservative estimate. I believe the PPS could be much higher given future buy-backs and revenues from the other sites.
I am actually willing to wait it out if it means more upside potential in the long run as a result of reducing the dilution while it is low. I am not looking for a quick buck, but for exponential growth over a period of several years.
Even if BW was allowing the stock value to drop to give him more leverage when buying back shares, it would still prove to be beneficial to shareholders that continue to hold their stake. It would remove dilution and provide more upward pressure once more news hits the market.
They also have a website at http://www.sasinc.com/. Definitely more showing up for this distributor than some of the others, but any additional distribution, big or small, is good for BBDA IMO.
Why did it go back up? I missed a good buy-in opportunity. Better pull up your shorts.
Maybe it will drop back down again and we can both make out good. :)
That would be a good buy-in price at 0.007 if it dropped that low IMO.
It is an interesting idea, people just need to realize that the company puts out a PR statement about distribution every time somebody buys 40 cases of product and sticks it in their garage.
Very true. Those that can hold on to, or accumulate at lower prices, and handle the huge swings, will benefit the most. The example you gave can definitely be related to BLVT in performance and expectations.
I do agree that MMs had a lot to do as well as shorts covering.
I love it too. The product actually works! Unlike some other functional drinks on the market Koma Unwind is actually very nice tasting. Even if people don't drink it for its calming effects, they can drink it for the taste. IMO this company is onto something big and the recent distributions support that clause.
BBDA definitely uses racing as a method of advertising. I don't see fault in this. Apple advertises new products long before they hit the shelf to increase awareness and demand. IMO, BBDA is using a similar tactic to increase interest and brand recognition. The timing might not have been appropriate given, as you said, they did not have the products readily accessible. Either way, customers might actually purchase the drinks if they come across them in a store now because they recognized the logo on one of the race cars. As for using racing to advertise, or any other sport, many companies do so to target certain audiences. A good example is Superbowl commercials because there is a very large audience at that time.
If planned and executed properly, these methods of advertising can be very successful. Even if BBDA did not have a successful marketing campaign with race cars, the company was testing the waters and trying to find the best methods to promote its products.
Sure didn't MikeLandfer,
I don't think it will be a one-time ordeal but a gradual buyback as income increases and as a percentage of profits. Either way, it would be like a non-taxable dividend for investors. The only taxes investors will have to pay is when they sell any of their BBDA stock.
Very nice information and thorough description of BBDA's financials and share buyback scenarios. That definitely puts things in perspective!
Definitely not. We can't give up our hopes and should be satisfied with a 100% increase. Anything larger than that would send the stock soaring. My mentality when looking at things is to expect the least and be surprised when it exceeds expectations. That prevents me from being dissappointed when things don't turn out as expected.
I would love to see the proof in the next financials. That would send this stock soaring.
ArtG, I would not worry about that myself. The market is built on supply and demand. If the merchandising manager notices that there is a high demand for Koma Unwind, he would be stupid not to stock it. Otherwise, he would miss out on the profit potential. If enough people ask for Koma Unwind I am sure he would change his mind because he knows he would be getting plenty of sales.
I agree. Major market manipulation is going on. Smart investors will disregard negative, and positive, posts and do their own thorough research. Other investors will panic and sell, or purchase more on hype, giving the market manipulators leverage and feeding their pocket books as they profit from the emotions they stir up.
I think BBDA is a great company at a ground-floor level IMO.
If Wal-Mart benefits from stocking Koma Unwind, why wouldn't Wal-Mart be interested in doing a commercial with BBDA? Wal-Mart runs promotions all the time to show consumers what products it carries and how much consumers can save by shopping there.
Look at how many outstanding shares Microsoft has. This is a result of Microsoft's large market cap and multiple splits along the way, but still quite a lot more shares than BBDA.