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Do you think this is bottom price ? I certainly hope so - not sure we can afford to sink much lower than this !
I am still loading the boat on this big time - just added another couple mill
something has gotto happen - sooner or later. If you look at the charts over the previous year there is a pattern and looking at this we should be ready for a bounce pretty soon.
End of month PR would be perfect timing right about NOW !
Holding long and strong here - Not happy but, despite the mega dilution, I still believe the sales should pull us through in the bitter end.
600 stores ...26 shows....real product, real company ...more to this than meets the eye at the moment.
Let us hope our patience pays off ...
Good luck to all here
Management need to catch a wake up !! they are shooting themselves in the foot big time !! Raising capital is one thing but tanking the company by mas dilution is no way to earning investor trust ! This is mass dilution and suicide if you ask me.
Without investor trust and confidence a company cannot make it alone unless they are selling some life saving drug which people need. DUH !!!
WAKE UP MVBY !!!
They have to do something now ! they can't keep kicking investors in the teeth ! have to send us some news or an update soon ...
my guess is definitely before end of week - if not they have lost many investors for good !!
time will tell ...soon - make or break position here...
Agreed - im holding long and strong on this one. This is a real company and I am impressed that they respond to investors with a level of transparency which I have not seen with other pinkies !
Real company - real product - don't think they will keep the lid on this for much longer ..
a good sales season should wipe out the effect of the dilution in a flash ...imo ...no place to go but NORTH !!
sounds good to me - i think i may try to scoop up a few more mill if I can scrape the pennies together ..i don't think there is much time left before she returns to decent levels and once we break that resistance point, who knows how far up we go !
The next few weeks is a critical time for this one...
Good Luck !!
How much lower can we go - the days of mid twenties feel like a distant dream now...let's hope tryz is right !!
It should be showtime for this baby !!!
What is this doing ? do we expect the mega dilution machine to be turned off or will this be suffocated into the sub 000's ??
Raising funds is one thing - but this is becoming ridiculous !
Well, I Still think it is absolutely disappointing how this has tanked ...is there an end ...they have to stop the dilution and let the company breathe !!!!
flaflyerfan, why not send them an email about it - they responded to all of my emails so far...
Perhaps they are registered in another state or the corp. directory may not be updated. I searched a number of other pinkies i invested in and could not find them here either.
I share your concerns : I have a reply from Investor Relations on that...
"While the board has discussed reverse split, moving to the OTCBB, etc., no decision has been made.
Until the financial markets loosen up and financing becomes available and also available at an affordable rate, we are left with share issuance as the only current option. Again, it is not our preferred method of financing."
IMHO - This could skyrocket with a good PR, alternatively, if the dilution continues beyond current levels we will start running into serious problems and will approach the abyss of 0.0001 and the possible world of Reverse Split and the Kiss of death ...
Do they really think that the shareholders will fall for this bull$%@#% after screwing us over ? I hope they never get another dime of investors funds after what they have done to their loyal shareholders...
These Scammers should be ashamed of themselves - and they still have the audacity to continue with phony PR's and comms.
This is SCAM fed by GREED and DECEPTION
This has got to be the quietest day on the board ever ...wassup ? Are we getting a PR soon ?
agreed ! starting with me !!!
I don't think we will hit the bottom until we know the sales are enough to Stop the mega dilution machine...i've seen this before - if the co. keeps going we could go all the way to 0.0001. All we can do is hope there is some sales and PR before we get there..to pull us out of the mud.
I guess they are hoping that Newbie investors will be caught with the new PR. SCAM !
What about Larry Johnson and Jim Brown - this scam operation is dragging their names through the mud big time !!
Good man ! Time for us to move NORTH !!
Who is going to wake this baby ? we need some action - enough tanking already ...
Send them an email or pick up the phone and ask them yourself. I am sure you will not get much further than the rest of us.
Guess we can warn people all we like - many many people were scammed by this fake operation and most investors lost big money on this.
Those that don't wanna listen will get burned like the rest of us...
There is a difference between a pink sheet COMPANY and a SCAM operation to steal investors cash
this i am afraid , is the LATTER !
I got a response to my email :
As process improvements are made in the area of production and cost reductions implemented in operating and overhead, the Company is generating more of its own cash and relies less on issuing stock to meet cash demands..
However, in order to meet the current cash shortfall the Company continues and expects to continue to issue free-trading shares of stock at a discounted rate under Rule 504 of Regulation D promulgated under the Securities Act of 1933, and Rule 109.4 of the Texas Administrative Code adopted under Section 5.T of the Texas Securities Act.
Dilution will continue - our only hope is that the sales will come through soon send this stock NORTH !!!
That's a crying shame - this is a company that could go to the moon if they become noticed and if they keep investors happy - reputation is key to success - dilution does not help this !
They should have some good sales figures once all orders are shipped and I sure hope this is the bottom of the pit for them. Any lower and all faith is lost...
I don't think so - these guys burned all investors a long time ago
We are almost on top of the ihub list - now it is time for big move.
maybe one more dip before lunch and then heading NORTH !
Stopping for a breath - going back up now !
Stopping for a breath - going back up now !
Coming back now for a rebound - hang onto your seats !! past 0.001 we go !!! bidwackers OFF !!
This is gonna bounce hard ! just a small shake out...going back up !!
Charts are looking like things are lining up again for a jump ...we should be in for a very interesting 2 days !!
She is getting ready to bounce hard - this is only the beginning !!
As long as they stop the mega dilution machine
imho
Yep - not liking the lower lows though - need to get back to higher lows again ...
Where is everybody - anybody there today ? Get your coffees already ! :)
A small summary :
This company is still making half a million bucks a year in sales during a big time, bad A$$ recession.
Gross profit as a percentage of net sales increased from 33.6% to 45.5% year over year. Overhead expenses decreased 24% !!!
Sales and shipments for fall season coming soon - then PopPOPpop !
imho
Information from SEC : The federal securities laws require that you must bring a court action within two years of the date when you should have reasonably discovered the wrongdoing, but in no case later than five years from the date the wrongdoing actually occurred. You may wish to consult a lawyer specializing in securities laws to determine what types of further recourse may be available to you in this situation.
She will swing around big time once the orders are placed and shipped and when the sales money starts rolling...
Not long now - good point to stay locked and loaded for the big move. I think real soon this baby will be a rockin' !!!
Surprise Surprise - Scammers - what a bunch of low life's these guys turned out to be ...they took everyone for a real joy ride, and are laughing all the way to the bank with investors hard earned cash - and the worst thing is that they have not stopped and are trying to continue to do so with their latest PR's...
My investment is worth 0.05 % of the amount invested - i'd be lucky to get a big mac with the remaining amount.
Thanks Tryz - excellent ! Things are moving now and the only way is UP !!!!
Agree - this is a real company and a real gem to find in pinkie land. As long as they have managed their costs down and continue to grwo revenue, this stock is very undervalued at this ridiculous price and I think it is looking for a POP very soon - probably mid-end Sep !!
Get in now while you can ...
IMO
Sent them an email and I received a good response back from them too ...these guys are increasing sales and are avoiding pumping the company until they come out with the sales figures.
They also avoiding using stock to fund operations as much as possible.
To me this is a buying opportunity of note - this stock will not stay down for much longer. Once the orders are shipped and the money rolls in, this price is history and this stock will rock your world !!!
IMHO
Does that mean they will pay back the money they stole from their investors ?