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If you don't mind answering, what kind of order (number of packets/bottles) did you have to place to begin distributing?
Congrats to you and I think it's a matter of time for ALKM. Also are you involved with Hemp Lifestyle Co-op that is starting up in TX?
Have a great Turkey Day!
Try TDA...
The sanitizer shipment didn't hit the books, or if it did they gave it all away...
Will be interesting to see what PUR* revs are when they report in Nov. No argument that they are not stellar partner in the industry, but they are still delivering product. The PR contains no qty commitment, so this one is tougher to determine any impact to ALKM.
We'll see if anything else comes out before 10Q mid Nov.
Pretty strategic adds for an org of this size. Does seem to point to bigger things coming in 2021 and hopefully we get some insight into that in the quarterly in Nov.
Any news you know of for sure?
Would be nice to see if the last sentence below from the individual pack hand sanitizer has been achieved:
Eakle continued, "Shipping will begin in late-September 2020. Alkame management has been working diligently with Citadel Tea Technologies from concept to conception."
5 weeks until the Quarterly is due - should be some interesting numbers and hopefully a positive update on all activities for end of yr. I'd have to guess the sanitizer products alone could generate $10M in revs between now and next spring. Not sure how anyone else calculates a possible share price, but if we get quarterly revs over 3.5M. That should put us in the penny range...
Happy Friday and GLTA
up from a 0.03 on March 1. POV is relative...
The production capacity of those lines would likely surprise many of us and if they can even run 24/7/5 - that's a lot of sanitizer.
We'll see what gets shared.
GLTA
On the sanitizer revs, will be interesting to see if they show up in Q3 numbers (11/15 reporting date), or more likley a larger impact in Q4 and showing up in the Annual Report.
We'll see how much additional news comes out in the next couple of months before they have to report on Q3. A couple more announced deals like the CBDTea agreement and things will definitely heat up.
Need confirmation of a multi-yr deal on that to get it in there. Should be a nice boost for the quarter and a follow-up with re-order terms would seal it.
Things are shaping up nicely.
So Liquid CBDTea is the new product - or does the company have another card to flip?
Great week for the company and the two known deals of Blueberry contract and Liquid CBD Tea put revs at over $5M/yr. If we pull in the other drinks that we know of, revs have to be close $6M. Profit margin is certainly a big part of this, but one more big deal and a penny valuation isn't out of the question.
GLTA
A couple of more contracts like that and they won't be able to hold it down much longer. You would like to think that there will be multiple larger hand sanitizer orders as we go into the fall/winter, so we'll see how things progress. A very good day for ALKM!
480M shares left? There was a reason the AS was raised and now it's a matter of how well they manage those shares in relation to the share price. The Hand Sanitizer financials will be interesting when they come out in a quarterly. The demand in the market is there and that was only one order...
If they can the equipment they are taking pictures of functional in the next few weeks, the last quarter of the year could shock some folks - in a good way.
yep, could (should) be a $2M rev quarter... We also have Q2 results that should be released by Monday 8/17, so some type of news is not too far off.
250K bottles has to be at least a $1M order for ALKM right? Looks like 2 or 3 packs of this size retail in the $15-20 area. Not sure what the actual mfg cost is, but should be a nice hit for the quarter - especially if they have a couple of production runs before Sept.
Q2 Report should be an interesting read and an opportunity for them to elaborate on the plan. Only three weeks away from that now, so not a long wait. It would be nice to see an update before then, but my guess is that is the next likely time for some substance on their progress/plan.
Honestly, I have not read your posts on the shareholders site, just saw the pics today. Hopefully they can get the line assembled and tested in a couple of months, so they have production rolling by the holidays. Best case scenario based on those pictures is September, even if they have crews that really know what they're doing.
Very encouraging though and looking like things are coming together.
Mfg envrionment typically calls for a spare so they aren't down for days trying to repair/replace. Don;t get hung up on the number of motors - it's time to production now that equipment is on site.
Haven't heard about Cannaribbean in a while and the KG link might be interesting.
Purely speculation on my part, so don;t fly off the handle...
I never said they would. I also don't think they're going to max the share count out again within a month of raising it. Eakle doesn't control the market maker and how they are executing trades. I may try to see if I put a trade out there at 0.001 on Monday and see if it still fills at 0.0005.
I own shares in both ALKM and KGKG, so I think the success of one will have an impact on the other, especially if the expansion plan of the one takes off as it appears it might. Since a 5 yr deal was signed, Mr Clark decided to insure his future production, which will bode well for ALKM.
JMO - GLTA
Authorized, not outstanding.
I just put in two limit buys at 0.0006 and they filled at 0.0005. Someone is trying to play the game...
A couple of berry contracts along with this and we've got a nice little revenue stream in place. Go ALKM
Nice - thanks for posting.
Good questions for the SEC
Are you sure it's not functionable? We need to be clear on terminology.
Check OTC Markets - new info posted this am
I would agree, not much in those arguments that wasn't already addressed.
The company's response next week will be notable and if they were to get EUA before then they can just drop that on the SEC's desk and let them wait a week to post it...
They would likely hit their low end projection just filling AB's distribution pipeline in the US. A lot of assumptions to be made on getting all of AB's business in calendar 2020, but a couple of regions might not be a stretch. If we're going to get traction for the summer bev season, they need to be mobilizing now so maybe that news will come out before end of June (Q2).
GLTA
Q1 Report due on Friday - maybe we get a full update as part of that. Nice to see the skull and crossbones removed.
GLTA
After looking at the Q2 numbers, I would agree with you on the financial outlook for Q3. Granted these are unaudited, but a quarter that appears to be in the black is a pleasant surprise.
I would say first week of Feb would be likely, then Q3 first week March and the current reporting end of March. It's been very close to a month per filing since they started in November.
GLTA
A quick question for those that follow ALKM closely - has anyone compared the latest financial quarter to one of the companies we are supplying? The next couple of quarterlies in 2019 are going to be pretty telling and even with a 5.5B OS count, our valuation seems to be quite low. A lot to watch leading into March 30th.
Best of luck to all invested and patience is key on this one...
450K in quarterly revs is pretty decent. Q3 revs for blueberries should be at least double that based on the 5 year contract numbers. Throw in some expansion for HighDrate and they could top 3M in revs for 2019... A couple of additional co-packing deals and they are in pretty good shape for 2020.
GLTA
Will be interesting to see how long they wait for next release of info. Clock is ticking to 3/30 for full update and 2019 full year numbers.
Right on queue... Should be an interesting couple of months as we get to the Annual Report. 2019 financials will be an eye opener for many.
A couple of 2019 quarterlies would certainly be interesting, along with a nod from mgmt that they will be up to date by Annual Reporting time (3/30).
So true. What happens when you try to eat a bottle a aspirin... Way too easy to cast a lot of doubt on something new and a threat to the mafia of drug companies taking our money daily.
Good time to think about adjusting you costs basis as we head into 2020...
Did you confirm that with either PURA or ALKM? Just because they have different labeling requirements in Europe really doesn't impact who's technology is being used to make the product.