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Were you reading my notes while I was typing?
It looks like ISBG is beginning to unwind.. The wash traders are walking it down the sameway they walked it up. It's their money, there wasn't any new money brought in during their scheme.
I believe any support for DKTS will soon evaporate. That's a big ouch on my end.
I wish you all good luck, I tried.
Hundreds of millions of shares.. Along with interest payments of 12% plus.
I have not personally reviewed the notes. The information comes from my discussions, if first person with individual debt holders and representatives of Venture/Lending firm.
Here's the next rumor. There's been two post on twitter about news next week. Now, I must post, Mr. Pierce has denied this rumor through Lou.
"if he stepped aside, the stock would rally."
"He started listening yesterday. After resolution next step is to hire real CFO and have Alonzo only focus on sales and marketing. New person would handle market."
Now, who do you believe is dictating the above terms. The Lenders who completely feels they control BESADO.
Hello SCM,
It's possible we are speaking to the same debt holders, but in the event we are not, let's compare notes.
1) Not all debt notes issued are worded the same, i.e., secured debt/unsecured debt; conversion rate terms, etc..
2) Now, here's the kicker. When proceeds of all debt issued last year though private placement, it was all secured debt for everything BESADO.. Now here's an exact quote from the debt placement firm: "Small Cap Markets does NOT understand, because he himself did not participate in the private placement...an does not understand the terms in which Alonzo took the money." In other words, Alonzo has mortgaged BESADO to the hilt.
So, it's this firm's opinion, Alonzo is not going anywhere with BESADO if they don't sign off. The next question is, what's the price going to be.
Willy, I hope for all shareholders your information is better than mine. But, my information is first hand from the people who are having the conversations, talks, negotiations; whatever you want to call it.
I know what Mr. Pierce said this morning.
I know what Lou said this morning.
I know what the lead lender said this morning.
I know what the President of ISBG said this morning.
There's a lot of anger in the room!
I believe all involve in negotiations share your feelings.
You were brought up in conversation this morning for your knowledge. What I have described about ISBG, in my opinion, will be the ultimate plan.
Hello Willy,
I have heard a lot over the past two days. There are negotiations taking place as we speak. Parties have really dig in their heels. What's going to happen, I really don't know. Will there be a merger/sale of assets stated in the pr, yes I feel very certain that will happen. This is my opinion, I wouldn't buy ISBG right now, the dilution in six months will be a tidal wave, then again in my opinion, a reverse split in an attempt to right the ship, if they can.
Now, this is my opinion as I know what is being reported to me, everyone needs to make a decision for themselves. I'm still holding my shares, but my family is stepping out of any future interest.
Good morning SCM, first, I wish you a good day.
From the information I have; It's my opinion the first pr was a negotiating ploy by Mr. Pierce. Basically he was telling the other parties involved (primary the lenders), it's a take it or leave it. The pr was written without any legal review. SCM, who would write a pr about a buyout, merger without an SEC trained attorney to review prior to publication. I know they are reading every post on the board, I get an email for every post they don't like. In my opinion Mr. Pierce was feeling the pressure from the merger postings and the other parties in the negotiations. So, the pr was I'm in charge pr.
Now, there's potentially good news. There were positive negotiations yesterday. Let's see if anyone leaks what took place in the negotiations yesterday and if it has a positive effect on the DKTS pps.
I will tell you this, they are upset about the downward pressure on the ISBG pps. Let's watch how that will be managed today.
That's one reason why they are discussing a revised pr..
Also, they are reading every post. I know, I'm hearing about it.
Thank you "grizzlyrosegold"
Go back and read the pr..
You can't use the word "Shell" and then the phrase "holding company" in a pr..
It violates SEC and potentially FIMA rules.
Let's see what's going to happen.
[/I"]The issues with the corporate shell aside, Pierce is extremely happy with the model used to bring about the Besado brand."
"This is the culmination of what a holding company does - acquire assets below market value, develop those assets, and sell them for a profit," said Top Shelf Brands CEO, Alonzo Pierce.
"HOSS" promoting juicy dip on Twitter.. Trying to unload his shares? Lou on twitter liked Carina's post.. Let's see if ISBG begins a sell off without any pumping support.. Or, was it driven up with so many bogus trades, there are not any legitimate shareholders to sell?
Yep.. I just saw that..
Frankly, it just numbers now. I really don't know. I'm just using market cap to market cap. Who's going to place the value on the assets, if it's just an asset sale for shares in ISBG.
The wash trading has stopped for now at ISBG. Currently it's a 40 to 1 ratio.. Before the pr it was 30 to 1 ratio.. ISBG had moved 280,085,000 shares into treasury last month.. At 40 to 1..That would be 27,025,000 ISBG share to convert all DKTS.
Well to past the time. I've been watching the movie, BLAZING SADDLES. I'm sure most of you know this movie: The Sheriff takes himself hostage to stay off the shareholder (oh I mean townspeople). Then he hatches a idea to build another town to look just like DKTS (so the marauding lenders don't destroy ISBG). Then when it's all over, The Sheriff leaves town with his sidekick and rides off into the sunset in the back of his limo. That's when the town folks of ISBG find out they don't have any water to do anything with due to not being able to find any lenders to back their Juice Production.
SS1, can you confirm a revised PR will be coming out?
I'm going to use the term in my opinion. The lenders were the catalyst behind the deal. DKTS couldn't borrow any money, ISBG could, but why should a lending house loan money to ISBG and take a hit on DKTS..
Here's a hypothetical: What is DKTS just went Chapter 11 or 7: Then ISBG bids on all the assets of DKTS, where would that had left the shareholders.
I wasn't lying. I wasn't misinformed. I was negotiating the shareholders side in public. Ask Carina or SS1, they can verify. I'm sorry if I let you down.
The lenders are part of the deal. It was the lenders who orchestrated the deal.
Grass Roots does work. We all did it as shareholders.
Yes SCM, that about sums it up. The deal was done yesterday when someone named the Frenchman got to the two disputing parties talking again.
That's great.. It adds to synergy a DKTS-ISBG merger will bring. Two potentially popular liquor brands under on umbrella.
I've stated earlier they are following these boards closely. I've already received four emails this morning concerning the posting. Here's the statement I've received concerning the $15 million.
AP mention 15 million was his goal to eventually sell it for. Not that he ever had any offer
Yes, we need to see new money trading, not the back and forth washing. The shareholders of DKTS need to see a realistic valuation of ISBG, so we can determine a fair swap price.
I've just done my first post of the day,
on the ISBG board. Fellow shareholders, these boards are read by Mr. Pierce and the others who are involved with the DKTS-ISBG deal. I can clearly tell you, it was these boards that brought out the COLA approval announcement prior to when DKTS had wanted to make the announcement. We shareholders have to establish the value of DKTS and we want to be treated fairly. As a group we have a voice.
So, please for the benefit of all of us. Post on the ISBG board.
Thank you,
The Frenchman
You are absolutely correct. DKTS has done all the leg work, it has incubated the products; set up the production; worked out the marketing plans. DKTS is a realized value and asset. The synergi that will be created with the DKTS-ISBG merger will have an immediate payoff. DKTS is where the real action is now!
It's been reported by a reliable source (a debt holder at DKTS) that an offer for the BESADO brand of $15 million dollars had been made. But, Mr. Pierce clearly sees the potential gold mine DKTS has with BESADO. With the merger of DKTS with ISBG, the shareholder base of the combine companies will have in place a goldmine with the BESADO product.
SCM, please read my post where I gave the clue. It's the post where I ask DKTS shareholders to post on ISBG.
The cinergi that will be created with the merger of DKTS and ISBG will be a great opportunity for all shareholders. Combining BESADO with Cavoda will create a tremendous revenue stream. BESADO is the crown jewel of this merger.
I wish you the best of luck. I'm going to work on making my luck.
I don't want to use up all my posts. So, If I don't respond to you directly, please don't take it wrong.
No, what I'm saying is we still own an asset and we demand a fair price and continued opportunity.
That the shareholders will not let our product, that we invested in be given away. We demand a fair price and the opportunity of future growth. We have a product, that's confirmed. We are not selling Mr. Pierce, he already controls DKTS and ISBG. We are selling BESADO to the new debt holders and current debt holders who will be financing the launch of BESADO.. If the shareholders who are reading this post don't get the big clue I've given you. I can't spell it out any better.
This is more of an answer: First, the Lead Person statement was directed this way: He has not used debt holder's money for his personal use as we have seen in other investments we have made in other companies.
There's a difference in contracted salary and taking non authorized salary or reimbursement.
Thank you.. I'll correct it.. I'm not a stockholder in ISBG, but in DKTS.. Thank you, Carina.
Good morning Silver:
First, no I'm not involved in DKTS or ISBG. I'm a stockholder in DKTS.
Now, how did I get my information. I've a law degree, I'm not a lawyer, but my specialty is research in product defects.
Here's the readers digest version: From my research, I knew DKTS was in trouble due to moves made by Mr. Pierce, not intentionally, but basically being pulled into too many different directions.
In the last several days while doing my research, I was given email exchanges between Mr. Pierce and Lou. In the emails, they were discussing a rift between Mr. Pierce and a person. The person was only represented by a set of initials, so it would say "person" initials and his gang.
I began searching out who was the person the initials represented. One night at home I received a text message: "are you the Frenchman", of course my response was yes: The response, "I will call you tomorrow."
Well that person is the lead investor and person who's driving the DKTS-ISBG deal. He briefed me on past, current and potential future events. Now, I must note, I've been asked to keep the contents of the conversation confidential except for: I can post there's in the works, a DKTS-ISBG Merger, this is not a scam, Mr. Pierce has not taken a dollar of investors' money for his own use. There's is a rift at this time over Mr. Pierce's management.
I hope I've answered your question.
I'm on my phone on the way to dinner. I'll respond tomorrow.