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Food Lion is a great customer !
Thoughts on the share structure/financing?
Did they fill any of your .002's??????
Outstanding job, rhino! looks great
Best thing to do in these situations is for the key players to lock themselves in a conference room and not leave til an agreement is reached. Amazing what happens when there is the urgency of a deadline.
Thoughts on the share structure/financing? Looks like a winner for 2011 as they gain nationwide market penetration.
Question: How many fanatics are pushing Winning Colours?
Seems like an obvious enough question. But lets dig deeper.
1) Lancaster/Five Star--New Facility serves the 40M people in the NE corridor.
2) Karry's --company does $123M in yearly sales
3) Jay Udell and his 500 drivers--c'mon Jay, time for you to make a move.
4) Pearson-- slow and steady, but a nice midwest presence.
It's clear to me that we'll be close to 1,000 reps selling the product. Getting to 10,000 retail outlets in 2011 is an achievable and worthy goal. Of course, landing SW would give us 3300 in one shot!
Thoughts on airing the DRTV commercial in New York City now that we have 150+ stores in a dense market?
Nutritionist offers list of top 'flu buster' foods
By ISeiberling Tue, Dec 14 2010 COMMENTS(0) Anything and Everything
It’s flu season again, and while everyone is looking for ways to stay healthy, many people don’t realize that avoiding the dreaded bug is as easy as eating the right foods. According to nutritionist Carl Germano, member of the NY Board of Dietetics and Nutrition and Chief Science Officer of Surgex (www.SurgexSports.com ), there are a number of everyday foods that will significantly help your body combat the flu and stay healthy. Here's a list of Carl’s top “flu buster foods”
http://communities.canada.com/reginaleaderpost/blogs/anythingandeverything/archive/2010/12/14/nutritionist-offers-list-of-top-flu-buster-foods.aspx
Carl Germano article --Flu Busters: What to Eat to fight the flu
Carl Germano RD, CNS, CDN and Chief Science Officer of SURGEX
Carl Germano is a registered, certified clinical nutritionist appointed as Chief Science Officer for SURGEX. With over 27 years of experience using innovative, complementary nutritional therapies in private practice, he has dedicated his efforts to research and product development for the dietary supplement and medical foods industries, where he has been instrumental in bringing unique nutritional substances and formulations to the health/dietary supplement industry
http://easterniowahealth.com/2010/12/14/flu-busters-what-to-eat-to-fight-the-flu/
Surgex Interview with Carl Germano
http://fitcityblog.com/post/1252490725/surgex-carl-germano
Helps with validation for the FDA, if they can get 500,000 unit sales with a safe record in Europe, it will help their case with FDA approval.
Welcome to IHUB!! Lots of good DD here.
The only ones who know about the 8k from 12/13 are current shareholders and those watching closely. The investing public at large will be blindsided when its announced.
RS won't make sense until they are profitable. They don't work out for 80% of the companies that do them, so everything would have to be on track before you can do it.
Nice week here~ Enjoy the long holiday weekend, everyone!!
It would be crazy if that men's health promo kicks off this weekend, right in time for new years, when people want to get in shape.
Very cool. Copper is the place to be in 2011.
Are their properties close to production?
CNYC~ .16X.24
at the completion of the purchase, which is expected in the second quarter of 2011
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This won't have any immediate effect, imo. It will take about 6-10 months for the two banks to merge.
Chevron sanctions $4B Big Foot oil and gas development in deepwater US Gulf of Mexico
December 16, 2010
By Phaedra Friend Troy
In a strong vote of confidence for the future of the oil and gas industry in the US Gulf of Mexico, super major Chevron (NYSE:CVX) has sanctioned the $4 billion development of the Big Foot project in the deepwaters of the US Gulf of Mexico.
"Sanctioning Big Foot underscores our commitment to the Gulf of Mexico and will contribute to future US energy supply," said George Kirkland, vice chairman, Chevron.
Expected to come on stream in 2014, the Big Foot development will include a dry tree extended Tension Leg Platform (TLP) with an on-board drilling rig and 15 well slots. The floating production facility will have a daily capacity of 75,000 barrels of oil and 25 million cubic feet of natural gas.
"We have industry leading expertise in developing deepwater projects of this type and have repeatedly proven that we can do so safely," said Gary Luquette, president, Chevron North America Exploration and Production Company.
Big Foot
Located on Walker Ridge 29 about 225 miles (360 kilometers) south of New Orleans in 5,200 feet (1,600 meters) of water, Big Foot will be Chevron’s sixth operated facility in deepwater Gulf of Mexico.
Discovered in 2006, Big Foot is estimated to hold some 200 million oil-equivalent barrels in total recoverable resources. The primary pay sand is located in the Middle to Upper Miocene, below a salt canopy that measures from 8,000 to 15,000 feet (2,400 to 4,500 meters) thick.
Chevron serves as the operator of the project with 60 percent interest. Project partners include Statoil with 27.5 percent and Marubeni with the remaining interest.
http://www.pennenergy.com/index/petroleum/display/9814724963/articles/pennenergy/petroleum/offshore/2010/12/chevron-sanctions.html
Sitting a 52 week low, seems like a good risk/reward scenario if this men's health promo launches soon.
He doesn't have a horse in the race, he's not in discussions since he's no longer with the company.
yeah, he might have needed the 40k for a car payment ;)
I think he's about flushed out on this 500k tranche. Last one was filed on 12/15.
Eric might have an epic pr for a New Year's boomage, bloggage, too, Lion. Duane Reade's launch close.
It's a big selling point for ESFS. Especially for the large processors.
Any shares in the transaction will be restricted. That said, I expect a large gap up and run after it is announced.
Oil near a two year high. Going to be a great year for exploration companies and oil services companies.
Any word from Guarino?
Lions, Rhinos, Gazelles, and Katz...
UNITE! Take VYGO TO THE TOP.
. The long-stalled Food Safety Modernization Act finally received congressional approval on Tuesday. Once the bill is signed into law by President Obama, the Food and Drug Administration will better be able to head off outbreaks of food-borne illness outbreaks.
http://www.washingtonpost.com/wp-dyn/content/article/2010/12/21/AR2010122105212.html
FreshDirect Said to Be Seeking $200 Million for D.C., Baltimore Expansion
By Serena Saitto - Dec 21, 2010 1:12 PM ET
FreshDirect Inc., the New York-based online grocer, plans to raise as much as $200 million to expand in Washington and Baltimore, according to two people with knowledge of the situation.
FreshDirect is working with Deutsche Bank AG on raising funds, said one of the people, who declined to be identified as the plans are private. Scott Helfman, Deutsche Bank’s spokesman, declined to comment.
The grocer, led by Chief Executive Officer Rick Braddock, currently operates in the five boroughs of New York and parts of New Jersey and Connecticut. In July, Braddock told Bloomberg News the grocer might pursue an initial public offering to help fund its expansion.
“FreshDirect has been experiencing over 20 percent sales growth and will expand beyond the Tri-state” area, according to an e-mailed statement from the company. “Baltimore and D.C. are among the target expansion markets. We do not comment on any fundraising details.”
The company, founded more than a decade ago by Joe Fedele and Jason Ackerman, raised $31 million in 2003 in a private placement led by American International Group Inc.-sponsored investment funds with $15 million. The remaining $16 million was funded by individual investors including CIBC Capital Partners, Canyon Partners and Mercantile Capital Partners LLC.
http://www.bloomberg.com/news/2010-12-21/freshdirect-said-to-be-seeking-200-million-for-d-c-baltimore-expansion.html
Just saw a blurb on Bloomberg TV that Fresh Direct is raising 200m to expand into DC and Baltimore. Should lead to more installations for ESFS.
I believe 100 stores initially, and was to commence in January.
What do you they have? About 30m shares?
Duane Reade's launch coming very soon, lion. Lot's of New Yorkers to sell to.
Do you think Eric got a holiday bonus, lion?
House Expected to Approve Food Safety Bill Today
by Helena Bottemiller | Dec 21, 2010
The House is expected to approve major food safety legislation today. Though many on Capitol Hill pronounced the bill dead last week, the measure bounced back to life over the weekend when the Senate unanimously--and quite unexpectedly-- advanced the beleaguered bill late Sunday night.
The FDA Food Safety Modernization Act, which would, for the first time in several decades, update the U.S. Food and Drug Administration's oversight over the food supply, has been in legislative limbo for over a year. As dean of the House, Rep. John Dingell, D-MI, who has worked on the food safety law for many years, put it: "This legislation has seen more procedural fits and starts than any other."
The legislation survived a near-fatal constitutional snafu, filibuster threats, fierce debate over controversial amendments, and managed to gain ground amidst a jam-packed legislative agenda in one of the most productive Congresses in recent history.
Consumer advocates, industry groups, and public health experts--who have all followed the ups and downs of the bill with bated breath--responded enthusiastically as the bill sailed through the Senate, again. But, as NPR's April Fulton noted on Sunday: "No one's exactly popping champagne corks yet. There's always the potential for another oops."
"There shouldn't be any obstacles but this is one bill where it is not over until it is over," said Jean Halloran, food safety director at Consumers Union, which publishes Consumer Reports, in an email response to Food Safety News. "However, we are optimistic."
Sandra Eskin, director of the food safety campaign at the Pew Charitable Trusts, echoed the same cautious optimism in an email: "We hope that the bill will pass the House sometime [Tuesday.] We understand from House Leadership that they are doing everything they can to speed this vote through."
The bill is not expected to have trouble clearing the House. A stronger version of the legislation cleared the lower chamber in July 2009, with a bipartisan 283-142 vote. Earlier this month, the House approved an identical version, which was attached to a large all-encompassing continuing resolution to keep the government funded through September, 212-206, with 35 Democrats joining Republicans to vote against it. The bill must be re-approved by the House because it's no longer riding the spending bill--the CR died in the Senate.
It is not clear how leadership in the Senate came to a deal to advance the food safety legislation as a stand-alone bill. For months, leadership had to circumvent Sen. Tom Coburn's, R-OK, vehement opposition to the measure in order to advance the bill. Coburn threatened to filibuster the bill over the cost--approximately $1.4 billion over five years--though the Congressional Budget Office says the provision is deficit-neutral.
Less than 48 hours before the bill passed the Senate unanimously, Coburn's office told Food Safety News that the senator would oppose the "so-called food safety bill" if it were attached to a continuing resolution. After the Senate cleared the bill via unanimous consent Sunday, Sen. Coburn's office did not return a request for comment.
Slate's David Weigel reported Sunday that he talked to several staff members of senators who had voted against the bill the last time around--before the constitutional error was realized.
"Nobody knew why their bosses had let it sail through," said Weigel. "The best theory I've heard is that key Republicans, having seen the bill pass with supermajority support (73-25), and having become satisfied that there were no back-door nanny provisions in the bill, decided that it wasn't worth keeping the Senate in session past Christmas to debate it. It's a Christmas miracle, if the key characteristics of Christmas are self-interest and fatigue."
President Obama is expected to sign the bill before Christmas.
http://www.foodsafetynews.com/2010/12/house-expected-to-approve-food-safety-bill-today/
Good stuff. Expanding our footprint to the SE.