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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hey, you know how this works...spread enough manure round and something is likely to spring up. Besides I have been actively working the "Braveheart" method of volume building... I'll explain in PM...don't want to give away any "agenda's"!
Way too much fun on RB today!
Have a happy.
David Weed
aka the Bird of Prey
www.warp-drive.com
No harm, no foul.
I too would be happy if rosie's pick came true. Though I no longer have a position, I would take joy in the good fortune of the many long suffering shareholders here.
Wish we could all fly to Vegas if I am the winner however!
Best of all I get to GRUB this post and fling one at the folks that said we'd never get to 100 posts!
David Weed
aka the Bird of Prey
www.warp-drive.com
Don't mean to nitpick and I know the "contest" isn't over, but...
Wasn't L&L's pick .15? which would make him over by .02?
Not that I mind being in second place...
Also for fun here are the BOTTOM 5 in reverse order:
1. Rosie (over by .62)
2. Wetzkin (over by .37)
3.TIE artsilver (over by .18)
3.TIE rwpauli (over by .18)
5. Bryguy (over by .155)
What is the prize BTW?
David Weed
aka the Bird of Prey
www.warp-drive.com
You know, this may actually work out OK.
Post real discussion over here and do the mudslinging at RB!
Except for one thing...
The image of Rosie and Naples as a couple working together...
what a horrid thought!
David Weed
aka the Bird of Prey
www.warp-drive.com
Actually vegas,
I am having great fun with this "pick" business. Personally I am of the opinion that this thing will 'roll' between .10 and .15. Sometimes it will go outside those boundries but I may be able to profit from trading the 'roll'. As long as it stays in that range I'll be in the top 5 though. Hey, I could even get the top spot!
David Weed
aka the Bird of Prey
www.warp-drive.com
I agree, L&L's pick MUST be included. Maybe you could expand the list to the top six so that vegas can still feel the warm fuzzy's too!
While your at it, what does the bottom 5 look like?
David Weed
aka the Bird of Prey
www.warp-drive.com
Matt,
I too like the idea of mixing board promos with the ad placements. What I think Joe is referring to is that there are a number of no activity boards (poets corner comes to mind) that should not get included in the rotation. Perhaps rotating the 10 or 20 most active boards for a given DAY would be appropriate. Let the hot subjects be a longer term hot list.
David Weed
aka the Bird of Prey
www.warp-drive.com
My apologies Frank, I did not know you had been involved in SEXI. I do hope that those wrongs are somehow righted.
BTW, Your continued optimism in the face of such adversity is to be commended.
David Weed
aka the Bird of Prey
www.warp-drive.com
Kinda sorta maybe off topic?...
or hitting way too close to the mark?
you decide.
scam companies & promoters love to threaten
and even sue dissenters. Here's a good little read.
Book about spotting fraud
http://www.msnbc.com/p/cnbc/576957.asp?bt=cnbc
The short-seller's mindset
Even after the bursting of the technology bubble, stock promotions and scams are still all too common
By Whitney Tilson ANALYSIS
Motley Fool
May 22 — I just finished reading "Sold Short", a new book by famed short-seller Manuel Asensio. In it, he describes numerous long-running battles with companies that were, in almost all cases, engaged in nefarious, outrageous, fraudulent activities.
I'M NOT AT all surprised that many companies engage in such behavior. The stock market has long been fertile ground for promoters and scoundrels. Nor am I particularly surprised that so-called analysts, even those at major brokerages, unwittingly — and, in many cases, knowingly — aided and abetted stock promotions.
What was surprising to me, however, was the extent of the denial on the part of investors. As Asensio describes in case after case, investors — ranging from individuals to money managers at the largest, most prestigious institutions — refused to acknowledge the truth despite overwhelming evidence that they had been victims of a scam and clung irrationally to their holdings.
It's hard to admit a mistake and even harder to sell at a loss (as I discussed in my columns,"To Sell or Not to Sell"and"Never Too Late To Sell"), but it would seem that these natural inclinations could be overcome with hard evidence. Maybe not.
Sunrise TechnologiesChromatics Color SciencesZonagenHemispherx Biopharma
• Message Board
• Company Profile
• Earnings Estimates
• Analyst Reports
How can you avoid getting into such a predicament? The easiest way, of course, is not to own the stock of a questionable company to begin with, so allow me to share some tips — drawn from Asensio's book as well as my own observations — on how to identity them.
None of these characteristics are, by themselves, conclusive, but when you see them — especially more than one of them — be careful!
• No profits or — worse yet — little or no revenues.
• "The underwriters of the initial public offering have a tainted reputation." (Asensio)
• Switching auditors.
• Delayed filing of financial reports.
• A product "in a sexy, hot field with hard-to-quantify, hard-to-understand performance specifications" (Asensio). In particular, be wary of companies promoting new medical breakthroughs. One such example is Sunrise Technologies International, which I panned in my January column,"Stocks to Avoid."(As I predicted, the stock is well on its way to zero.) Asensio cites other examples, including Chromatics Color Sciences, Zonagen, and Hemispherx Biopharma.
• A company claiming to have discovered new sources of (or methods of extracting) natural resources, such as oil or gold. Remember Solv-Ex, Bre-X, or Crystallex International? (As I look at this list, I'm coming up with a new warning flag: natural resource companies with names that end in "x.")
• Cute, dumb ticker symbols. Asensio cites the case of Systems of Excellence (Ticker: SEXI), which "went bankrupt in 1996, only after, according to the SEC, it had become the most important case of Internet stock-touting fraud ever."
• A blizzard of press releases. I find there tends to be an inverse correlation between the quality of a company (and its management) and the number of press releases it generates.
• A high short interest. (Anything above 5-10% of shares outstanding is cause for concern.) This is easy information to gather. I use Yahoo! Finance's "Profile" feature. (Data for Sunrise is available online as one example. In the bottom-right corner of Yahoo! profile page, under the heading Short Interest, you can see that 15.1% of Sunrise's shares are sold short.)
• A company suing — or even responding to — short sellers. Asensio says it best: "How many times have we seen officials of outright blatant scams blame their troubles on short sellers? No legitimate company with a real business would bother wasting valuable corporate resources, including valuable management time, suing a short seller.... When investors see public companies expend vast resources to silence their critics, they might want to tread carefully."
• • LISTEN TO SHORT SELLERS
I don't short stocks because — as I discussed in"Good Time to Short Stocks?"— it is an extremely difficult and dangerous activity. Unlike investing on the long side, where a lack of talent and a poor track record don't seem to be much of a barrier to managing large sums of money, incompetent short sellers quickly go out of business.
Those who remain and thrive really do their homework. So when you see a stock panned publicly by Asensio or David Tice or a credible investigative journalist with sources among short sellers like TheStreet.com's Herb Greenberg, don't go anywhere near it! Sure, the shorts could be wrong, but why take the chance? Of the thousands of stocks in the investment universe, surely there are better ones than those broadly targeted by short sellers.
Very rarely have I owned a stock targeted by shorts, but when it's happened, I'm grateful, not resentful. It doesn't advance my thinking very much to read an analyst's puff piece about a stock I already like and own. What I really benefit from is a smart person — be it a short seller, journalist, or fellow investor — making a bearish case for the stock. Listening to short sellers paid off for me last year when I dumped many of my technology holdings before they collapsed.
Unfortunately, however, embracing criticism is not the typical reaction by those who have been lured into a stock promotion. Instead, "shoot the messenger" is the order of the day. You would not believe the hateful emails I receive every time I criticize a stock. For daring to question the future viability of Sunrise, for example, one reader accused me of "cooperating with the short interest" and expressed hope that I suffer "total vision damage and have to always look at the world through blury [sic] vision. All in the name of profit for yourselves. I wish nothing but the worst for you and your kind." Take a look at Sunrise's latest 10-Q and tell me if you can come to any other conclusion than this company will soon be bankrupt.
CONCLUSION
Love him or hate him — and he is widely reviled by the stockholders of many companies he targets — Asensio's book is well worth reading. I'll let him give the last piece of advice:
"There are two things that every investor can do to foil stock fraud: Don't be cynical, be skeptical. And be informed. Due diligence does not mean perfunctory, one-source research. It does not mean taking as gospel the pronouncements of a broker or some financial pundit. And it most definitely does not mean taking the advice of some stranger phoning at dinnertime from a boiler room in New Jersey."
end of article
David Weed
aka the Bird of Prey
www.warp-drive.com
Certainly Frank,
From AVBC's own quarterly and annual reports I arrived at a figure of around $300,000 per month. That includes all G&A expenses, cost of goods, slotting fees, etcetera ad infinitum.
Their own reports provide ample evidence of the costs involved in running the water portion of the business.
The $300,000 has been a consistent model throughout the life of the company. While noting that not every quarter has shown a figure of $900,000 in expenses, and that some quarters have been higher or lower than $900,000, the vast majority seem to indicate that $300,000 per month is an appropriate figure for runing the business known as AVBC. Since there are no other companies to truly compare it with, we are forced to use their figures as the basis. It is understood that another company in a similar situation might incur a larger ratio of expenses or a smaller ratio of expenses.
I further realize that were the price of the stock higher fewer shares would need to be sold to meet expenses. My personal issue with the current goings on is that it appears that the stock has been diluted well in excess of the amounts needed to cover listed expenses. Of course there are a number of inconsistencies in the filings that could account for many things. Until management reports on those issues we can only speculate on their nature and ultimate effect on the stock.
But that is what makes this fun, isn't it?
Quid pro quo, a question for you...
Are you still buying and/or averaging down?
Have a good evening, Frank.
David Weed
aka the Bird of Prey
www.warp-drive.com
KB,
I am aware of the trading activity of the past 10 days. My reference earlier was to the overall life of the company history. There have been periods of lower volume before and there will be again. Summer is almost always the lowest volume time for AVBC.
As for dilution... No I don't have a problem with normal levels of dilution, and I recognize that a startup company has to dilute to finance operations. However, in this case there is more going on than mere normal startup dilution...
I don't have the numbers from prior to the bankruptcy but consider this:
1. Company restarted in late 1997 with aproximately 20 million shares outstanding.
2. Reverse Split the shares 1 for 5 in January 1999. At the time there were ~45 million shares outstanding of 50 million authorized. Post RS number OS 9 million shares.
3. first available (~2 months later) OS number following RS was ~20 million shares.
4. OS growth from that point until June 2000 is normal at ~4 million shares added to the OS during that time.
5. Something strange happened in June 2000. According to the filings the OS numbers for the previous reports changes to reflect an OS of ~21 million in June of 2000.
6. Current OS is ~52 million shares. ~31 million shares added to the OS in 12 months, Almost 8 times the amount from the previous year.
The only discernable results for this massive level of dilution are that we are apparently in SoCal this time. The PR's did not promise large scale rollout (3000 locations) this time and so everyone is taking the relatively small presence as a big positive. It may be. But now we need 2.5 times the revenue and 2.5 times the earnings to generate a serious stock price movement that we needed just a year ago.
You are correct to watch the trading, it will tell you what is really going on with AVBC. IMHO, AVBC has been in 1st class doodo for quite some time.
BTW, some math for thought. If we accept an average price of .25 over the last year the ~31 million shares brought in ~7.75 million dollars. At 300,000 per month to operate 3.6 million is used up. Did Alberson's get 4.1 million in slotting fees for 300 stores? Or does it cost 1 million per state to get in a convenience store or two in Nevada, Texas, California and New York? Even a million to get in to 300 Albertson's seems excessive.
I will remind everyone that I am not saying that anything illegal has been done. No laws prohibit companies from selling stock to finance operations. We have all read about the CEO's predisposed to riding in limo's and other trappings of a lavish lifestyle. great work if you can get it. The question is did all of the money generated from stock sales over the last 11 years go to building the company...or something else? And even if it isn't illegal to sell stock to support a CEO, is this where you want to put your money?
David Weed
aka the Bird of Prey
www.warp-drive.com
Vegas,
Remember, a 144 is filed to indicate the intent to sell. It does not mean they had to sell or even that they did sell. A follow up form 4 shows the actual sale. Since I haven't seen the confirming form 4 I would presume that no Sales occured. Perhaps they were expecting a sharp price increase to sell into that never occured...we have no way of knowing.
David Weed
aka the Bird of Prey
www.warp-drive.com
wxwatcher,
By all means join in! Help spread the word and build this community with us! It is always more fun when you participate.
As a self-confessed long time lurker, what is your take on the present state of AVBC?
David Weed
aka the Bird of Prey
www.warp-drive.com
DM,
are you suggesting the stock structure of avbc is invinceable to shareholders taking matters into their own hands
Well, I did know a lawyer once who said there was no such thing as an unbreakable contract. It certainly looks as if TG as built a mighty fortress around the preferred shares. The preferred's are where the power and control of AVBC are. You would need to get control of the preferreds to mount any kind of controlling interest.
After the original takeover attempt it appears that TG spent a great deal of time, effort and money to make sure HE and HE alone would control AVBC. Quite frankly, I can't say as I blame him, it is his idea, his baby. On the one hand you could look at it and say that he set the stock structure to keep control so that he could fulfill his dream of creating a wildly successful beverage company. On the other hand you could look at it and say that he set the stock structure to keep control so that he could fulfill his dream of living large on other people's money without ever really making anything happen.
That is essentially the running argument held on the various AVBC boards for the last 4+ years. And the longer the company continues to perform as it has for the past 11+ years the greater the likelyhood (IMHO) that those in the "living large" camp are correct.
Two Months ago I made a statement that if the share price was significantly higher and if the OS increases had slowed dramatically, I would admit I was wrong about the effects of the Series D preferreds (formerly known as CD/ACC).
While some would like to say that because we haven't had an OS increase in more than a week that the OS rise has stopped, I should remind you that in the eight weeks since I made my statement the OS has risen by six million shares. That is somewhat slower than the previous eight weeks eight million share increase, but not enough to call it dramatic. In fact it may be due to the rise in price.
IMHO, what happened with the price was a manipulation by the series D holder(s). Tired of having to move such large, attention getting amounts of stock to get their desired cash return, They placed a short term suspension of sales. Coupled with some pump newsletter promos and the current success in getting the product into a few stores in SoCal, the price promptly doubled...as soon as it did the selling began. Not at the levels seen in December-March but selling nonetheless.
They know we are paying attention.
We began discussiong insider sales...they stopped.
We began discussing CD/ACC... they hid it in the preferred D
We began discussing the OS count... they changed selling strategy.
IMHO, I believe the price will remain around .12-15 for the foreseeable future. At that level they can keep the OS from growing too big too fast and hide their real activity.
I know that many longs don't want to hear what I have to say. That's OK. But before you put any more money into this stock or any money into this stock ask yourself one question...
In 11+ years, What has AVBC sold the most of and made the most money on...water? or stock?
David Weed
aka the Bird of Prey
www.warp-drive.com
I am presuming you mean January 2000. The last insider sells I saw go by were in the Summer of 2000 by TG hisself.
If that is correct go look at who were the issuers of the Convertible Debentures in April 2000.
David Weed
aka the Bird of Prey
www.warp-drive.com
No need to correct you...
As for the question of RS and raising the cap...
On the day before the 1st RS became official TG denied he would RS the stock. Granted, we only have naplesman's word on this but I think there is reasonable evidence to conclude that the story is true.
He need only to issue an S-8 and he can run the shares as high as he needs to. This is why when I first started talking about this I used the term *unlimited*. As long as new buyers can be found stock can be issued to infinity via several mechanisims.
For example as a reality check. Were we still trading AVBC without an RS and shares had been issued at current levels the OS count would be 260 million+.
IMHO, shares will continue to be issued until the OS approaches 120 million at which time an RS will occur.
David Weed
aka the Bird of Prey
www.warp-drive.com
Nah...
Scotty would have said "We jes hadna got the pow'r Cap'n!
Always remember, never forget.
Even Captain Kirk turned down a green woman.
David Weed
aka the Bird of Prey
www.warp-drive.com
And I am impressed with your work so far! 8>) I am sure that each new feature will be wonderful!
Keep up the good work.
David Weed
aka the Bird of Prey
www.warp-drive.com
Thanks SirVinny!
I needed a laugh. BTW, the way that is a most excellent alias for one that wishes to encage in verbal jousting!
In reality I am very impressed by the quality of those membermarking me. Brilliant minds think alike!
Oh and before I forget,
Spell check please!
David Weed
aka the Bird of Prey
www.warp-drive.com
Most definitely... the pink sheets!
A nice page just for them. Background should be pink of course!
David Weed
aka the Bird of Prey
www.warp-drive.com
Matt,
top twenty, top thirty...whatever. My only hiccup with it is that an number of those on the list no longer post at IHUB. I would propose a "delisting" after thirty days of inactivity.
Furthermore, I am now publicly requesting more people membermark me so that I can join my rightful place on the Hot People list! 8>) (tongue inserted firmly in cheek)
Anyone posting the above statement elsewhere in an attempt to besmirch my character must include all text after the word "furthermore" (that means this part too) lest yea suffer unspeakable horrors upon thine person.
Never anger a Dragon, for thou art crunchy and go well with Brie!
David Weed
aka the Bird of Prey
www.warp-drive.com
Be glad to DM!
A. What assets would a suiter be willing to pay for?
ie. the bottling formula,process, or distribution network, BRAND recognition, intangables such as elliminating competition (only kidding).
the bottling formula - might be worth something, if the General Public is buying all that can be made, someone might take an interest in the formula.
process - I forget if TG patented this or if it is even proprietary. If it is and or he did then same as above.
BRAND recognition - My first thought is ROFLMBO, but if it flies off the shelves there is something to be said for a value being placed on the brand as well.
Eliminating... - perhaps all of the exisiting shareholders might band together and make an offer to TG to eliminate HIM from the picture!
B. What strategy would a suiter employ to achieve ownership. Would it be to obtain 51% of the shares to gain control, or outright ownership.
Here is where the real difficulty resides.
#1. Too many shares outstanding already. The company has no real assests to speak of and most shareholders would not "cash in" unless the offer were above their original purchase price. I can't see anyone paying 50 to 100 million for the company at this point. Even Rosie is only willing to spend 39 million!
#2. TG has structured this stock so that he can be bought out only when he chooses to be bought out. If someone were to try and buy up 51% of the OS they still wouldn't have the voting power to control the company. All of the power is in the preferreds. No matter what the stock does (up, down, RS or whatever) TG retains control of 75% of the voting stock. Unless he sells his preferred you can't get the company. What price he wants is an unknown but I'll venture it is much higher than 100 million.
David Weed
aka the Bird of Prey
www.warp-drive.com
Give us a number! Would football (or any other sport) be any fun if we didn't keep score?
David Weed
aka the Bird of Prey
www.warp-drive.com
Vegas,
Yep, that is how it works. I hope you didn't lose much. I also hope you don't hold it against me! 8>)
Basically when you see a CD...run...don't walk away from the stock...run.
David Weed
aka the Bird of Prey
www.warp-drive.com
I wish you luck. I also think that being proactive as I described earlier will go a long way towards reducing spam at IHUB.
David Weed
aka the Bird of Prey
www.warp-drive.com
Matt,
How about I have to approve each new membership and NO free e-mail accounts AND the e-mail must be verified before approval.
Eventually you would be doing nothing but reviewing new accounts...we hope!
As an alternate solution I offer the following:
1. When new users sign up they cannot post until email return verification is achieved.
2. As part of the sign up or verification process the new user is presented a list of newsletters/promos (paid advertisers) that will be automatically signed up for unless the new user indicates otherwise (unchecking box). No need to get excessive, just five or six will slow the signup process enough to deter many spammers without putting off legitimate users. Plus it is another source of revenue.
3. Limit posting to six or seven per 24 hour period for the first three days.
4. Limit the number of threads that can be posted to by a single user within 24 hours...Just guessing but anyone posting to more than 20 boards in a given day (aside from admin) is probably in need of serious help. Besides setting the max at even 35 or 40 would likely deter most spammers.
All for of these together would make IHUB very spam unfriendly without any additional daily effort on your part. For the ones that do go ahead and spam...$20 per is better than $10 per.
David Weed
aka the Bird of Prey
www.warp-drive.com
Good post Long...
Too often Investing is emotional rather than rational.
I am also hoping tha managenment has gotten the message that we are paying attention to the dilution. And that we will be counting the amounts garnered from that dilution and expect to see results (ie distribution, sales etc.) for the dilution.
About the only thing that would create a hype pop like the last one would be news of a national distribution. Actually showing up in stores all across the country. Only time will tell. I will still be keeping my eye on things.
Good to see you here L&L. Wouldn't mind seeing Mklinger, K-bob, rwpauli and most everyone else from the RB board as well. All in all we aren't really a bad bunch of folks...we just post that way! 8>)
David Weed
aka the Bird of Prey
www.warp-drive.com
Some thoughts on "bogus" PR's...
A PR only has to be "true" at the moment it is published. Fifteen minutes after it goes out it can become completely irrelevant and nothing illegal or actionable has occured. For example if company A published a PR at 8am in the morning saying they had a deal with company X and that product had shipped...and at 9am company X calls company A and says the deal is off because they made it public, The PR from 8am would still be OK because it was true at the time it was published.
I post this because some folks are really pounding the "untrue PR's" as explanation for the decline in AVBC.
For those that are studying the PR's...widen your scope. Combine the release of PR's with the timing of insider sells and/or increases in the OS.
I already know the answer... I've been trying to pass that answer to anyone that would listen for some time now.
Vegas, Pauli, K-bob...you're almost there...you've almost completed the puzzle. Put those pieces in place and it will hit you in the head like a sledgehammer.
BTW, I am standing by my prediction of .12 throughout the summer and into September.
David Weed
aka the Bird of Prey
www.warp-drive.com
K-bob makes a good point with this post from RB. I thought I'd include it here with a single comment.
Since 3/28 the OS has risen ~5 million shares. The total shares transacted below are ~6 million. Anyone following the OS on a weekly basis can make the connection between the rise in the OS and the release of a PR. Except of course, those that refuse to make such a connection.
Good Post K-bob.
By: knepperbob $$$
Reply To: 30170 by knepperbob $$$ Monday, 11 Jun 2001 at 11:09 AM EDT
Post # of 30173
Ladies and Gents,
I wanted to illustrate my above rantings with the following data. I think you'll find the pattern (if you see it) most imformative - if not disheartening - as I do:
Mar. 28 Aqua Vie Finalizes Strategic Production Expansion Agreement Volume, next 2 days: 785,600 2,556,100 Price, next 2 days: From 8 to 10 cents, 25% increase
Apr. 16 Acosta Joins Distribution Team as Aqua Vie All-Natural Flavored Water Wins American Tasting Institute's Award of Excellence Volume, next 2 days: 386,600 374,600
Price, next 2 days: From 8 to 8 cents, 0% increase
May 25 Aqua Vie Hydrators(TM) to Be Available Through Industry Giant Fleming Foods; Expands Regional Retail Availability in California and Western U.S. Volume, next 2 days: 738,800 (day of Traders' Unite blast that most of us got) 175,300 (day after) Price, next 2 days: From 12 to 15 cents, 25% increase
Jun. 4 Aqua Vie Hydrators(TM) ... Find Them First in Northern California At Raley's and Savemart Stores
Volume, next 2 days: 260,300 82,800 Price, next 2 days:
From 14 to 14 cents, 0% increase
Jun. 11 Aqua Vie Expands Availability to All California and Nevada Albertson's Stores; Company Plans Expansion to Additional Key Markets Throughout the Summer Volume Today: 10,700 Price Today: From .14 to .13 (Last Trade), 7.2% decrease
I am sure this data will be bent and sliced every which way by proponents of both camps, bullish and bearish. But I think their is no denying that AV's stock is losing its sex-appeal just as the product is finally getting some sales, or at least into some stores, a very scary proposition for fans of the stock.
Also, judging by the data, there would seem to be less buyers than at any point that I have been following the stock since November (I can provide data to support this finding upon request as well, but won't post it here for brevity), and I don't know if the buying dry-up can be based on the general market malaise, since IMO, in November AV was almost completely out of cash and options and had significant buying activity (see Dec. 30 & 31) and now, after they've spent some money for production that may get a return in sales, the stock is dead as a doornail. This would also be a frightening statistic and outcome, if true.
I'm not a short-seller or bear-raider, I'm just reporting the FACTS, and they tell me that it's going to be a LONG, disappointing summer for AV bulls and any of us who think we might see 20 cents again in the next 3 months. All long-term holders (ie more than 6 more mos. please disregard analysis, since you probably don't care anyway).
Take good care,
kb
David Weed
aka the Bird of Prey
www.warp-drive.com
Frank,
I am not interested in any shooting matches on any board anywhere. Thought I'd try the high road and be reasonable. Just asking. I'd like to put an end to the feud between rosie and I, but unless she will post here it won't happen. I'm done with RB, period.
As far as the thread header, I would expect no less. I do have an outstanding issue with current management practices as I have outlined before. Until factual evidence refutes that issue I will continue to try and keep the public aware of the pitfalls that may await them. It's nothing personal, but you have to call a spade, a spade. This stock is structured to the benefit of the officers at the detriment of the common shareholder. While not illegal, it doesn't make for a sound investment.
I hope your weekend was a good one as well.
David Weed
aka the Bird of Prey
www.warp-drive.com
Frank,
Good addition to the Ibox. I will probably try your patience some on the "officers being attacked" if things don't shape up soon. Then again, maybe this will be a good summer for AVBC and I won't have to point out such things as stock structure and OS counts!
BTW, tell rosie that the Series D preferred is a CD/ACC...a "rose by any other name" kinda thing. Of course, so are the Series A, B, & C preferred. Maybe she'll understand it better coming from you. Lord knows I've tried to explain it enough times, she either isn't listening or just won't hear me.
Have a happy!
David Weed
aka the Bird of Prey
www.warp-drive.com
Matt,
Just call it "Hot Stuff". When folks click on the link they get a little snippet of the Donna Summer hit. You know, from before you were born, remember? 8>)
Hot Stuff by Donna Summer
written by Bellotte, Faltermeyer and Forsey
Sittin here eatin my heart out waitin'
Waitin' for some lover to call
Dialed about a thousand numbers lately
Almost rang the phone off the wall
CHORUS:
Lookin for some hot stuff baby this evenin'
I need some hot stuff baby tonight
I want some hot stuff baby this evenin
Gotta have some hot stuff
Gotta have some lovin tonight
I need some hot stuff
I want some hot stuff
I need some hot stuuuff!
Lookin for a lover who needs another
Don't want another night on my own
Wanna share my love with a woman lover
Wanna bring a wild man back home
REPEAT CHORUS
Sittin here eatin my heart out
no reason
Won't spend another night on my own
I dialed about 100 numbers baby
I'm bound to find somebody home
REPEAT CHORUS (fade)
http://hem.passagen.se/gottrora/sounds/hotstuff.ra
Have fun with it!
David Weed
aka the Bird of Prey
www.warp-drive.com
Be sure to get enough to cover the court costs and attorneys fees. Besides, if he is really getting 80K a pop do you think a 20K judgement will be much of a deterrent? Probably mark it off to the cost of doing business. I would'nt go after him for anything less than what he claims he is getting to spam your server + the cost of going after him. 1000 emails...$150 large...that's a deterrent.
David Weed
aka the Bird of Prey
www.warp-drive.com
Muel,
I have notified Gary that he needs to update the links. Unfortunately (or fortunately in some cases) only the Chair can edit the Ibox. I am sure he'll get it fixed soon.
David Weed
aka the Bird of Prey
www.warp-drive.com
First principals, Clarice...Simplicity. - Hannibal Lechter
David Weed
aka the Bird of Prey
www.warp-drive.com
Vegas,
You gotta step back and look longer term. The stock has been in and around .12-13 for several months now. Been as low as .07 and as high as .18. Big selling volume into the rise as well with the larger OS increases coming at the same time.
You are misunderstanding me on one point. I do not think the company has a 0 chance of survival. I think that the common shareholders stand a near zero chance of ever making any money. TG will keep enough flowing into the company to keep the dream going...perhaps forever. He may even get distribution on a fairly wide basis. But the way he has structured the stock, he can issue shares at will without any personal penalty or really hurting the company finances...unless he oversupplies the market (like in March) the price will remain stable in the vicinity of .12-13 allowing him to convert shares to cash at the rate of ~$40,000 a week or so, with the occasional pump of a couple million shares for that quick cash inflow.
Gary believed a CD/ACC was done last summer and that was the cause for the dilution. I cannot figure out a way that such a deal could have been kept secret this long. The only reasonable explanation would be that a true CD/ACC didn't happen. However the release of the Series D preferred explained the dilution clearly. The Series D is in effect the same thing as a CD/ACC. Just another way they have figured out to hide such and keep fleecing the general public.
I know this has been a long email but I'll finish with this.
Go back and look...correlate the release of failed PR's with increases in the OS. Talk about selling into the run. Too much coincidence for my tastes.
10,000 shares @ .12 = $1200
100 new "suckers" = 1,000,000 shares = $120,000
Those newsletters go out to tens of thousands of "suckers" it doesn't take a big response rate to generate a few thousand 'suckers' with $1200 dollars to lose.
David Weed
aka the Bird of Prey
www.warp-drive.com
Actually, Frank...
Lower volume could be a sign of reduced dilution!
And that would be a good thing.
David Weed
aka the Bird of Prey
www.warp-drive.com
Okay, I'll be suckered in and post here.
No suckering involved. Glad to have you
I have a couple of points. First off I was wrong to attack BOY the other day on RB. It was just that, RB. Makes you do things.
Anyway, when they remove the real time quotes they are done IMO.
If you are apologizing to me...none is necessary. I try not to take this personal. I agree with you about RB too!
Second. I admit I do not know "a lot" about the market. Can someone explain this to me again? Gary says he will look at AVBC when the dilution stops. Isn't there a chance that the money is going to keep the company alive? How else would it be able to stay afloat in this time of start-up and production?
Good questions. There is a chance that the money is going toward keeping AVBC afloat. As long as the dilution isn't excessive it is acceptable. Based on my calculations the company needs about 300K a month to survive. At current levels they would need to be selling 2.5 million shares a month to support the company, yet recent months have seen 4-6 million shares dumped into the market by the company.
If it is lining someone's pockets, that's one thing, but if it is going into the company, that's another.
Most definitely,
It's in stores and it is selling "VERY WELL". My wife is a school teacher and she said there are AV bottles all over the place. Ever since Albertsons put it on sale for .79 they can't keep the shelves stocked. That's no lie.
This is not surprising. The product tastes great and is very habit forming.
This is also very much "unlike" the New York roll-out. It's in CA, NV, TX and other places. Why would TG make this effort if it wasn't for real?
To keep it real enough to keep attracting new suckers...I mean investors.
Third, I see no way AV will be over .15 after the 10K. I would like to see everyone that predicted .20 and over to post on RB:
I WAS WRONG! I will do the same and eat crow if it is over .20.
I predicted .099, but I think that may be a little low. I don't see anything over .14.{/i]
I concur. I will do likewise though here not at RB. BTW I made a prediction way back in March that the stock would be around where it is now and the OS would still be expanding. I said I'd wait till the middle of the month, but I think I can claim a winner on this one.
There is too much pie in the sky on RB
More like Pie in the face!
David Weed
aka the Bird of Prey
www.warp-drive.com