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Whose gonna ask
..for the audited financial?????
Humm... Then tell me why
He has the company saddled in debt????
CEO is having to push stock for cash from this guy and has passed the obligation since 2015 with a 10% APR. Go figure. CEO should have paid that guy off on a discount --- who needs friendly lenders at 10% -- not me. $MSTO took on that debt from all the hand swapping -- bet there is more to this story than the numbers.
Rookie built
The website needs a ton of professional work. I pointed this out to the CEO -- for example take the BP posted today .... all kinds of typos. The excuse was a PDF conversion to txt issue as an excuse - unfortunately that is a rookie mistake and could have been easily resolved. I have handled more the 350 websites and running this excuse past the stockholders just doesn't fly...
When you have a moment
chase down some DD -- while I am not suggesting the debt is hostile -- it is strapping the company. Take a look at the recent June financials -- the CEO is converting the debt to stock which dilutes our position since he can push the value down and then reload --- 114M shares and more which was not a fair assessment for the value. The justification for this is a "subjective" high risk investment. I don't buy into that --- many of us invest in companies all the time claiming high risk - yet in this case the stock trade off is depressing the stock.... hope that helps...
Yes & No
I am guarded in my response to the forum as my DD has revealed positive and adverse -- best and worse case scenarios. I will say this: "stay off the sell button" !!! I described part of the issue in another post here... more to come on this later.
Nope -- $MSTO is weighted.
Remember the company is in debt to a 2015 prior investor who grabbed an investor opportunity to stronghold this company until that debt is paid off. Strategy can be a matter of interpretation when assuming company debt. The CEO elected to use his investment to buy RE income but did not financially address the previous investor. I am not going to arm chair quarterback the CEOs decision -- but perhaps counsel may have considered a buy back option. Instead since the company is cash poor at this moment they have this investor pushing stock prices around busting the rest of us who get impatient. IF you keep your finger off the sell button this stock will rise as it pays off the 2015 investor.
Already have feedback from $MSTO
I let them know the BP has typos all over the place which lacks professionalism.
There is a statement of ownership indicating CEO owns the company - I reminded them that is NOT true since the company is publicly traded.
Right now the business partner is working on one of the car projects and the CEO is traveling but the corrections are in the works.
Two Important Items...
1. Yes as noted $MSTO will need to complete the audited financials as obvious for various reasons
2. Company will then announce the company directors and officers.
Yes $MSTO will need audit
Vision Statement
Our vision is to become one of the nation’s largest multifamily real estate companies, building and rehabbing multifamily projects nationwide with emphasis in the Southeast United States, from market-rate apartments to senior housing, student housing to HUD and tax credit projects. We wish to be known as a leader in the industry with deep experience, superior financial strength and relationship-driven commitment to customer service, as well as a leader in quality control, delivering our projects on time and within budget while maintaining the highest standards of quality and safety.
SBQ Holdings’ mission is to provide quality affordable housing throughout the United States. We are committed to attracting, recruiting and retaining the most knowledgeable and passionate professionals in the industry, delivering superior results contributing to the overall health and quality of life of those who live in the communities in which we build! $SMTO
SBQ Holdings will focus on real estate opportunities in areas of rapid population growth, with a special focus on Florida (South Florida, and Orlando), Georgia (Atlanta), and Tennessee (Nashville), as well as Texas (Austin), Virginia, North Carolina, and South Carolina. As shown in the chart below, these states are some of the fastest-growing in the nation. $SMTO
GOOD NEWS !!! MSTO has a new website
$MSTO posted today under their SBQ Holdings company the new and updated web site. https://sbqholdings.com/ which includes the companies initial target markets, projects, and most importantly their business plan.
$SIX Price Target Upside/Downside
According to analysts' consensus price target of $23.77, Six Flags Entertainment has a forecasted upside of 8.1% from its current price of $21.99.
$AMC Price Target Upside/Downside
According to analysts' consensus price target of $6.50, AMC Entertainment has a forecasted upside of 12.3% from its current price of $5.79.
The inference seems positive.
It is though they are implying a connection to future RE investments with an upward trend. It is just usual or perhaps out of previous character in the style of their posts... generally they "re-tweet" but this was not the case on these recent posts.
JTEC Corporation MSTO
@CorpJtec
·
MSTO Posted 2 hr ago...
2h
$MSTO Exantas Capital Corp. (NYSE: XAN) is a #RealEstate #Investment Trust that is Externally Managed by Acres Capital LLC. and has entered into an agreement with #MassMutual and a fund managed by Oaktree Capital Management, L.P. for new capital commitments up to $375 million.
Finally they did one more post
09-13-20
JTEC Corporation
@CorpJtec
·
1h
$MSTO #AltaSugarLoaf #Georgia #affordablehousing
#apartments #PropertyManagement
#RealEstate Wood Residential
@woodresidential
· Aug 30
Luxury living in the heart of #LawrencevilleGA, learn all about #AltaSugarloaf here: http://gtma.co/3hG5D3d
#WRSLiving #Good2BeWood
What's up $MSTO ??
Several MSTO posts
JTEC Corporation
@CorpJtec
·
1h
$MSTO #studenthousing
#affordablehousing
#apartments #RealEstate CBG Building Company
@CBGBuildingCo
· Aug 14
The team at UC Davis turns over the student housing project's first phase this month, including three residential buildings plus a maintenance building, in Davis, CA. In addition, the team poured the footings for the community center. #cbgbuilds #studenthousing
What's up $MSTO?
Another post by MSTO 1 hour
JTEC Corporation
@CorpJtec
·
1h
$MSTO #affordablehousing
#apartments #housing #PropertyManagement
#RealEstate
We're proud to announce that Fenton Silver Spring earned LEED® Gold certification. The 124-unit affordable multifamily community features micro bioretention planters, low-flow plumbing, bike storage, and more. #cbgbuilds #sustainable
What's up $MSTO?
Now 1 hour ago they post this....
09-13-20
JTEC Corporation
@CorpJtec
·
1h
$MSTO Rental Market
#RealEstate #apartments #PropertyManagement #multifamily
Summit Contracting Group
@Summit_Con
· Jul 29
#ApartmentIndustry - “Acquisition and disposition activity is picking up again as the market thaws, while long-term investor confidence in the market remains high.” >>> Read more from @MHNonline:
https://multihousingnews.com/post/investors-gain-confidence-as-dealmaking-resumes/
#Multifamily
What's up $MSTO?
Then MSTO posts another 2 hours ago
09-13-20
JTEC Corporation
@CorpJtec
·
2h
$MSTO Exantas Capital Corp. (NYSE: XAN) is a #RealEstate #Investment Trust that is Externally Managed by Acres Capital LLC. and has entered into an agreement with #MassMutual and a fund managed by Oaktree Capital Management, L.P. for new capital commitments up to $375 million.
What's up $MSTO?
MSTO posted 2 hours ago 09-13-20
JTEC Corporation
@CorpJtec
·
2h
$MSTO ACRES Capital Corp is a leading lender in the commercial #realestate industry along w/ its subsidiary ACRES Capital LLC its also an SEC
registered #investment adviser, compliant w/ current registration & filing requirements for fully reporting Co's.
What's this all about $MSTO?
Which chart are you looking at?
Market Summary > FERNHILL BEVERA/SH
OTCMKTS: FHBC
0.00095 USD -0.000050 (5.00%)
Where's the BP?
Can anyone point me to the business plan the CEO said he would post on the website ??? Hasn't it been long enough without seeing is believing...
Fernhill Beverage In (FHBC) 0.00095
-0.00005 (-5.00%) Volume: 8,636,690 @09/10/20 12:42:52 PM EDT
...still can't get off the ground
Humm - did I miss something here?
OLD NEWS:
CARLSBAD, Calif., Nov. 14, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Fernhill Beverage, Inc., (USOTC: FHBC) is pleased to announce that on October 23rd 2019, The Company completed negotiations to acquire 100 % of Super Buzz Energy Drink.
ANY NEW NEWS?
Read all the hype on $FHBC here, twitter, and others. While I hear the responses the CEO is a genius or whatever -- remember this is a $0.0009 or so stock company for several business reasons
1. unaudited financials
2. informal or no directors and officers
3. where's the business plan
All of these IF addressed would in and of itself would provide stockholder confidence beyond family and friends.
I would like to see this investment run pink2blue - IF you do some poking around you may end up asking yourself why I am the only one who has suggested the minimums in running a public company. Instead I get responses like "he doesn't F**King care what you think" now that is an odd response -- perhaps he should reconsider? Just sayin...
A reminder the balance sheet is unaudited --
more "DD" for those listening
$FHVC needs stop giving away the profits in the name of humanitarianism & promo $96K at the sake of the stockholders. Address high freight charges $77K, negotiate acct receivables $420K, pay down debt $95K and more.
If you're gonna gripe to me about DD you'd better be prepared to do your homework. Once again, set some business priorities: Establish a board of directors beyond the friends and family, acquire officers who contribute to the well being of the company - silence is golden but not helpful here, and at a minimum post a solid business plan which can be executed within a specified timeline with obtainable short and long term goals.
...and that's my 2 cents -- oh we're far from that still
Agreed with the viewpoint of a satirical perspective -- but always like to chase the other dimensions just in case one runs into reality...
Negotiations for $FHBC to purchase an existing label manufacturing company have successful concluded. All terms have been agreed upon between the management of Fernhill Beverage and management of the label manufacturer.
A final contract is expected to be signed by September 15, 2020. Once the contract has been consummated, Fernhill Beverage will release applicable details. This is just one step for the Company's plan to grow vertically.
$FHBC Open Market Share Buy Back
Some guy posted on Twitter: $FHBC To Confirm Open Market Share Buy Back To Begin Next Week
Where is that rumor coming from?
"DD" ~ $FHBC where's the BP
Without a solid BP which has not been posted unless you're gonna include the filing remarks as such, and an unaudited financial it is not surprising this penny has trader volatility allowing minuscule bid/ask movement affecting high interest stockholders.
Figuring 8k trades as motion tracers yields a loss even on the more sophisticated trader unless we consider this...
Thus, let us ask why such zero volume traders shuffle on this ticker? or is there an underlying methodology in pushing negative movement as a buying incentive... thoughts?
Come on people - get current
Why the heck you posting a Newsfile Corp. - February 5, 2020 ??
Help us with the DD without rehashing old news as a headliner. Thanks.
DD on the pallets $FHBC
ok finally found the data on the pallets from an old 2018 report - sold to the distributor $.50 per unit or $12.00 per 24 pack case - Co. nets $.18 unit $4.32 case excl shipping. Pallet 72 cases $864.00. Trailer contains 20 pallets $17,280.00
Now you know...
Let me help you with your DD
Unaudited Report thru: 06/30/20
EXPENSE: Line Item
Promotional Product Giveaway $77,520.00
SUMMARY:
Net Income $ -41,775.00
QUERY: Why is a company giving away product as goodwill at the expense of the company to list negative profit for the stockholders?
?? DD ?? have you read the balance sheets thru 06/30/20... if not do so and keep in mind they are "non-audited" statements.
That link is over 2 years old why you posting that? Let's get current.
I posted the $FHBC balance sheets on twitter thru 06/30/20.
You can find them here https://mobile.twitter.com/vw_shorty/status/1301920412993871872
I downloaded the current filing thru 06/30/20 and posted the balance sheets on twitter.com search for $FHBC