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Mods, requesting this to be stickied. Investors need something fresh on this board, and the CEO has laid it down!
Shareholder update from the IR Portal
Dear Shareholders,
This update is to inform you of some of the housekeeping items that are being worked on while we are working through this DTCC issue. The DTCC may be holding up some things from happening, but I have still been occupied with making the necessary changes Hall of Fame Beverages needs in order to rebuild, revitalize and grow into the future. We are still moving forward; nothing has or will be stopped.
I have been working on new labels with a professional company that provides labeling and advertising services for the food and beverage industry. They are currently designing several new labels to choose from, and I have separate industry professionals who will help me to decide which of the labels will be best suited to don our signature product. We have already chosen a new style of bottle, and these new bottles will be used in our next production run, which is currently in the planning stages. Once I know what label will be best, a time and day will be calendared, and it will be formally announced. Everything else is ready.
With regard to placement of the 2nd run, I was told and assured numerous times that the placement was done and we would move forward. I took our salesman at his word, and I have recently learned that he was not being forthright after I made the statement to our shareholders. Since then, we have re-placed the tea and it is currently pending movement to its final location, and we’re continuing negotiations with the chain supermarkets I was assured our tea was heading. Because of that issue, in addition to others, we have replaced our previous salesman and brought on two experienced and professional salesmen who are responsible for the re-placement. These two men have over 30 years experience in the food and beverage industry and are a great addition to the team we’re building. Their names will be announced, in addition to the locations where they’ve re-placed the tea formally.
With that being said, it was in the best interest for Hall of Fame Beverages and Dennis Donchez to part ways. We wish him well with his future ventures.
I have stated on several occasions that the changes needed and required to operate smoothly will not happen overnight. I am dealing with several years of mismanagement, neglect, and very poor choices – from basic company decisions, to the people who were chosen for positions who did not have the experience required to take Hall of Fame Beverages to the next level. I have been handed a company that was in complete disarray, and in total disorder. I knew this wouldn’t be easy from the beginning, but I never expected to be here today dealing with the DTCC as we were working diligently to move forward.
I am not in over my head, encumbered, or fatigued. I am building a solid team of proven and experienced professionals, as well as consultants – most of who are volunteers, not mercenaries. They bring an unbiased and unemotional approach to dealing with the day to day reconstruction of Hall of Fame. They continue to consult with me from the outside looking in based on well over 40 years of experience in this industry.
DTCC is crippling enough, but the continued speculation of this critical situation is unjust. I know there are several DTCC experts now, so, my email is available to anyone who feels that they know more than I do and feel they can do a better job quicker – I am all ears and open to suggestions. I do not have an answer as to why the DTCC is an issue now, and it was not before when the stock price was appreciating. I can only guess that when it was merely Penson brokers, it wasn’t seen as something that could spread to other brokers; however, when TDA joined that list, it hit a little too close to home and spooked buyers thinking their broker could be next. My only opinion is that there are so many companies with some type of “Chill” that it finally caught up to HFBG – but there isn’t a solid way of knowing exactly. As it was first only a Penson issue. I could not have planned for this nor prevented it, but I continue to work through it every day.
Hall of Fame will continue on its path of redevelopment, and I will not be deterred from my mission of making it happen. I will not be intimidated or moved by anyone who feels that their consistent pressure or challenges will make anything happen sooner, or to provoke me do something that I am not ready to do. I have stated several times that I didn’t have to live through the past to learn from it. No one can tell me that after years of major misconduct that I have had sufficient time to fix, correct, rectify, and/or amend this company. I have been upfront and honest, and will continue to be so – I have nothing to hide nor do I need to utilize anything, or take advantage of any situation to hide behind. I have made myself available to anyone that takes the time to write in – some have, and I have answered. I can’t promise that it will be a favorable answer, but it will be an answer. I haven’t made any excuses, only provided solutions to the situations that I have inherited. Again, I do not have a magic wand, this will take time.
I would also like to announce that I received word today that Red Robin is now serving Grand Ma Ma’s Sweet Southern Tea in 4 more of its restaurants. Please refer to the locations page on the Investor’s Portal for the names as they will be updated. There are now a total of 8 locations serving our tea. All 19 Leigh Valley Restaurant Group Red Robin locations will be equipped with updated labels, displaying Grand Ma Ma’s Sweet Southern Tea.
I would like to thank everyone for the support given to me, and the patience while we work through these frustrating times. The encouragement helps in many ways, and I am grateful for it and to all the investors who support my vision and see the big picture.
Kindest Regards,
Jessica Gutierrez
CEO, President
Hall of Fame Beverages, Inc
Could you imagine a day of 100 mill volume (which is common in subpennies) We could see a serious jump.
Will try to update the iBox tonight, been busy!
uuummmmmhhhhh, uh what is the pps? I tried telling you, until the Asher notes are done, this is not going to stay above .002.
But again, IMO this is a company with some great potential. Think I am gonna lower my bid just a little to .0015
glta
Dumping? At 3.9 mill? I just know that is not even a serious thought. Today's volume amounted to $1600 TOTAL in buys and sells. When 15sof goes VIRAL, hang on to your shorts. Investors that have at least a mill tucked away will be smiling.
When you see 200 mill a day being sold, then get worried. the 32 milly in volume yesterday could have been an investor tired of waiting, could have been the company buying at bid. Could have been the ex ceo (but is there a restriction on those shares?). Again, understand that volume was not all sells, I know for a fact because I was buying and got a freekin steal at .0004
Dumping or dilution? Out of the question at this point
Got 250000 filled at 4
You told me that a few days ago and I gottem, I will pm you when they are filled.
Until the Asher notes are taken care of, AAVG will be in the subpennies. All the PR said was they are looking into it.
I believe this will be a big company one day, but not right now.
Ready for some more 17'ssss, what about you?
where be thou's?
1243
I do have my fingers crossed!
I got an order in for 4's and cannot get them filled. huuummm....
Thanks JD, glad to have your input here. Always well thought out, level headed.
Yep, glad to see you back, ready for TOFS to go north (just like are other flyer this morning!)
From what I have seen over the course of several weeks, it has been a few mill at a time being dumped by "whomever". I suspect it is the company. Investors? Company? Hard to tell when the TA is gagged. If the company has nothing to hide, ungag the TA. TYTN will not even respond to the question, so one would have to assume at this point the company is diluting, and the MM are selling a few mill at a time to accomplish this. Investors that dumped are gone, the TYTN longs are feeding the MM's. A few one tick flippers might be here but they are even about to lose interest. I really do hope it turns around but at this point it is apparent what is being done and why.
No one can say with 100% confidence until 10Q is released then the potential horror of what has happened will come to light. All I can do is sit back and watch my investment dwindle away to some paper. I think it should be worth 2 or 3 cent per sheet.
BTW - in the iHub TOS, ALL POSTS ON THE iHUB website are considered opinion, somebody at TYTN needs to go back and redo the "news' for investors!
Let it tick up to .001 and TOFS will be the greatest thing since mayonnaise! LOL! TOFS is gonna be much higher than anyone expected. Too many accumulating, ss being reduced. TOFS is gonna pop like a ballon very soon!
And the TYTN dumping continues....
Are you looking at the real time chart on the board? TOFS is dead even at .0007
.0005 was the last bottom, you will not get them any cheaper. Just on pure speculation, TOFS is gonna take a serious turn NORTH before Nov 1st. CEO has followed through we every single promise, name change is coming.
whack! and right back up! great share structure!
BOOM! Maybe .0028 before lunch.
Some one tick flippers out from last little run, they gonna have to decide where to jump in now! Solid news!
Accumulating definitely. What I saw on Phill's chart gave an indication of a bullish sentiment taking hold of TOFS. Should start getting the attention of charters, IMO
If we break .003, it is nothing but blue skies my friends!
Do we test .003 today?
They are still illegal but maybe AAVG will be the first to bring LEGAL Cuban cigars into the US! Would'nt that be a great PR!
buen día Senorita! Looking north today! AAVG is on the runway and set for takeoff!
I feel great knowing I am in at the last bottom and now news breaks! WOOHOO! Great news at that!
The low share structure is what makes this penny really exciting! It could take a serious turn north on 50-100 mill in buys which is nothing for a sub penny.
Maybe all the flippers have found somewhere else to play. Possible to see a run today. TOFS has ran on much lower volume compared to the last week
The rising Accumulation Distribution Line shows accumulation / stealth buying pressure. Based on the theory that volume precedes price, chartists should be on alert for a bullish reversal on the price chart.
Thanks for the chart Phil, stickied!
Told the board .0002 was coming if the DTC revoked status was not corrected. Is it now apparent this is not a SIMPLE DTC issue? Is it realized now this was not just a Penson issue.
I am getting all tingly wanting to jump all on those 22222'sssss and 33333'ssssss!!! But, ssiigghhh, cannot buy'em.
I think I know why there is no rush to get the DTC issue fixed. ;)
I hardly think dilution is the correct term. With this low of a share structure, dilution is not happening. Adding shares to the O/S or float to pay for the new acquisition is what is happening. We will all be pleasantly surprised when DNAD makes the announcement. Just my opinion
what do you think about adding dj skillz game to iBox? I just don't want anyone using it against us that DNAD was just the developer.
Thoughts pickl?
One thing about the PR's, the CEO has followed through with ever promise he has made. The merger happened despite the claims, the share reductions happened despite the claims. The buybacks are occurring everyday despite the claims.
Now, if he gave financial numbers for Baron and said it would come out by Nov 1, my reaction would be to get all the shares I could afford. All stock investments are speculative, most penny stocks are HIGHLY speculative but that is the thrill with Baron Capital. When all this comes together, we could easily see 500% to 1000% gains IN MY OPINION. Watch what happens with the name change! That alone is going to be spectacular! There are investors that will play this just on the ticker changing.
Pennies do not work like the big boys, this could start a run for absolutely no reason at all!
I went back to fix the font size in the SLAM information and just really noticed something, We could very well see games for nintendo! How huge would that be pickl!
iBox updated - slam engine information.
NOTE: Share structure is the latest from OTC. Until it changes there, it is not official.
I thought it was a "simple" DTC issue. LOL! Well, I am a shareholder whether I like it or not.
One "positive" note, HFBG is gonna go crazy IF the DTC issue is cleared up.
Also a good time to load up ourselves! TOFS will move north. No doubt about that, when? No idea but Nov 1st should be a good day.
Any comments or suggestions, I told you the flippers were here because of the technicals.
Great company, but until Asher is done, gonna be just like this.