Looks like some interest has picked up today. I think most who wanted to sell have sold. I’m also sure there are shareholders who don’t care about the current share price and are waiting for a bigger payoff down the road.

The CEO believes they might be on the cusp of turning the corner, and to expect some changes in line with that sometime this year. I’m not expecting anything earth shattering in the Annual coming up (unless an additional $4,000,000 shows up in the revenues) but if they can show another profit, regardless of the revenue, then perhaps that’s a precursor of things to come.

No, no mention of that. I do agree though, they need to pay a little more attention to the shareholder. I did tell him he needs to throw a bone to the stockholder's every so often.

I think I figured out their game plan though:

A while back I talked to another company's CEO and he said “if you're a short term trader then don't buy my stock, you'll be disappointed. We want to sell tons of product then sell the company. In the mean time we are all about the product, not the stock.”

I think IBGH has similar plans.

Here's a company that has over $3,000,000 in revenue, turned a profit in the 3rd quarter, files audited financials yet is not Pink Sheet standard, has 70m shares out that hasn't change in years, (with less than 22m in the float), wins a $4m lawsuit...........and is only going for .02/share; or a market cap of about $1.5m.

Make some simple adjustments to become Pink Sheet standard and put out a PR about the lawsuit, along with Revenues and earnings, and they could EASILY be going for 10x their current price; but the price just doesn't seem to be important to them right now. I think they have much loftier goals than getting the share price up on the Pinks (or the OTCBB for that matter).

So what about the current shareholders and the price of the stock over the next several weeks? I guess we'll just have to wait for the Annual and perhaps a follow up PR.

I agree, it's already public, but he wanted to stay away from anything that might be inappropriate to say to a shareholder. He made it clear that he is not in the business of selling shares, and that the outstanding hasn't changed in the last 3 (maybe it was 4?) years. I didn't realize they now sell in 7 international markets.

I really got the impression that business is growing and things may start to change this year. I know most are here for a quick pop, and perhaps the next filing will create that, I don't know. But for those with the patience this could be a great long term hold also.

I guess we'll see in the next few weeks/months.

He was very adamant that he doesn’t want to give out non public information, so he didn’t say; only that we’ll have to see the information when everyone else does in the filings that will be out shortly and in the future PRs when they make everything public.

I had a long talk with the CEO Peter Bianchi. Business continues to grow and filings should also be on schedule. He says he has more financial information than 90% of the Pinks out there (for instance he has audited financials) yet they still have the STOP sign on OTCMARKETS. There’s always some minor detail that creates the issue and it drives him crazy. He hopes to get that corrected.

We talked a lot, but I think those are the issues that concern current shareholders. I can tell you I feel very comfortable with this investment, and in my opinion (my thoughts only) this will really pay off for investors by years end.

Some unanswered questions that makes this one very risky no doubt about it. You're probably making a wise choice.

blindman28, I hope you do well in your other stock. I know how you feel, this one seems like it's on razor's edge; on one side it can fall back down, on the other, it can take off like a rocket.

IBGH has no real filing schedule to follow but they have filed their annual between April 15 and April 29 since 2010; they've been pretty consistent. So we still have a week and a half to go.

This little company has 70m shares out (they haven't raised it in 3 years) They made a profit for the first time in the third quarter, will have over $3,000,000 in sales for the year, may have an extra $4,000,000 in the bank, and only goes for 2.3 cents a share. There are companies out there with many times the outstanding shares that sell for 10 times that price and they sell nothing.

With the above information and the fact that they just filed the quarterly recently would lead one to believe they have lots of incentive to put the annual out soon.

It also looks like most of the buyers at .005 to .012 have already sold, which might explain why nobody wants to sell to you at .017.

You're right though, if they don't get that annual out by May it could go back to a penny again, it's pretty risky. On the other hand, if they put that annual out and have a PR about the $4,000,000, how much higher than 2.3 cents can this go?

Ah, your right, makes sense now, thanks.

$85,000 in Revenue, am I reading that correctly? I thought I read on another filing that they had just $2M in revenue before going public.

IBGH - I think a lot of people want to see the money before diving in, but of course, they'll be paying a much higher price.

Last year the annual came out April 17, the year before it was out April 15. So the annual is expected anytime now. If they also put out a PR on the judgement and positive earnings, who knows where it can go.

No guarantees here, but lots of possibilities.

IBGH currently has a market value of $911,000. If the annual shows a profit and that $4,000,000 judgement they won, that market cap number should be long gone. It would be nice if they start putting out some news; I'm hoping that's what they decide to do after the annual is out.

IBGH A spike in volume the last two days, something is up. If that $4,000,000 shows up in the annual, as expected, then the volume and price should go up further. They were finally profitable in the third quarter also.

Looks like it's starting to wake up. I was hoping to sneak in a few buys first.

"filed on or before the 15th calendar day following the prescribed due date"

This was stated on their late filing. I don't know when their due date is, but if it's late there will be an "E" attached to the symbol, then they have 30 days before going on the PINKS. I don't believe going on the Pinks is an option, but with their attitude towards shareholders, I don't think an "E" is any big deal to them.

Hopefully they file on time; it might give a big boost to the price.

I also got out.

This stock is on razor's edge right now; any kind of positive news could really move this stock up (New CEO, 10K, etc.). But any negative news could also cause a big drop (more shares issued, late 10K, etc.).

I'm also not crazy about their lack of shareholder's concern as others have noted.

I'll sit this one out for now.

They could remedy this problem by becoming a reporting company again, which they could easily do. I believe they willingly chose not to just so they can distribute shares to their buddies (whatever you choose to call them).

I'm sure there will come a time when they're done, then they can get back on the OTCBB and let this go.

8-K Change in Registrant’s Certifying Accountant

“On April 3, 2013, the Board of Directors (the “Board”) of Be Active Holdings, Inc. (the “Company”) approved the dismissal of Cornick Garber & Sandler LLP (“CGS”) as the Company’s independent registered public accounting firm.”

“On April 3, 2013, the Company engaged Weinberg & Baer LLC (“W&B”) as its independent registered public accounting firm for the Company’s fiscal year ended December 31, 2012”

This 8-K came out yesterday and probably explains why the 10-K is late.

I had a slew of questions to ask, but didn't. Very early on he said something to the effect of “you slipped through getting to me”, he sounded a bit frustrated. I don't think he want's to be bothered by shareholders at the moment after the onslaught he got when the fake pump happened. He kept emphasizing that we have to be patient, and that it takes time to build the business. He wants investors in his stock, not traders, so I cut my questioning short.

I got the impression that he/they wanted to concentrate on selling the product, and that perhaps they were not fully prepared at this early stage to deal with the shareholder's concerns.

He implied that a lot is going on right now and all will be known when the time is right.

I think this is one of those times you have to decide if it's worth taking a chance getting in before more information is out and the buying (or selling) rush begins. The bigger the risk, the bigger the reward......if all goes well.

I had a talk with Sam this morning. Some of my questions he thought was a bit odd, but I wanted to get them out of the way. I asked if a reverse split is in the plans and he said “no reverse split”, but added that they did one with his previous company and everybody still made a lot of money. I asked if the 10K will be out in time, and he said it’s mostly done now. I said the web site needs updating and he said they are going to re-tool that along with many other things. He said they need to take care of a few things first, then we’ll hear about a new CEO, updated website, news, etc.

He was very adamant that this is a long term investment and that if you’re a day trader you probably should trade some other stock. He said it’s unbelievable how many scammers are out there when dealing with a little public company, but long term investor should end up very happy. He said right now he’s only concerned with selling ice cream and they plan on selling “Damn lot of ice cream” .

That was the gist of our conversation.

I believe the 10K is due next Monday or Tuesday; that and a new CEO announcement would go a long way in building confidence back into this stock.

"that is a week old"
It came out Monday afternoon.

"we all know about that"
Nobody made mention of this on the board before (at least I didn't see it). It's good to get all the facts out there for all to see.

"you can do better than that"
I'm not bashing here, just trying to state the facts. The rough patch I talked about might just be a transitional stage and very temporary; but one never knows.

I tend to believe this is just temporary and almost any kind of news or filing can send this back up again; but until they do, it may linger a while.

Notification That Annual Report Will Be Submitted Late (nt 10-k)

Not sure if this was posted yet. Just started watching this one. Looks like they're going through a rough patch right now. Late filing, web site not up to date, and the CEO resigns.

I do think the potential is unlimited here, but, as others have mentioned, I think they're more interested in the business than they are the stock price, so it could go down before it goes back up again.

I don't remember each quarterly stating that they will be reporting again (though I could have easily missed that). I'm basing my comments on what the CEO had stated to me. The problem is that I have no clue when; in two weeks, in two years...who knows.

Otherwise, I do agree with your post.

If they complete the audited financials and get back on the OTCBB that cycle will change.

Yes, that's what I'm hoping too. As I stated in an earlier post, there may be a few things we're not privy to, so perhaps there's more going on behind the scenes than meets the eye.

Either way I'm expecting more good things to come.

I am a little confused about the shares they issued. They could have paid the debt with cash. They also could have easily paid for the audited annuals they need to get off the Pinks; the price would have increased significantly, then they could have issued far fewer shares. Those seem like better options to me.

Nevertheless, the CEO has informed me that they are working on becoming a “Reporting Obligation” again; I guess the question is when. Their net profit and cash continue to increase, so I still see nothing but green skies ahead. While they are on the Pinks it may be a slow steady climb. When they become reporting again (or even an announcement of that), then I believe we'll see a lot more action and significant price increase.

This is a great buy and hold stock.

They netted $651k last Quarter and (per the company) it was a slow period! I think that speak volumes of what to expect for the rest of the year.

With a PE of less than 2 and current growth rate that seems to increase each quarter, today’s price seem pretty cheap to me which is why I picked up more shares today.

Why they issued shares when they have plenty of money to pay the bills makes no sense to me. I believe they also have just one annual to audit and they can get back on the OTC; why they haven’t done that yet also seems strange. The business side of things couldn’t be better, but on the stock front it almost appears as though they’re trying to keep the price in check. Perhaps they have other plans that we just aren’t privy to right now.

If people want to sell and send the price lower, then I’ll just keep buying. This stock is not moving as quickly as we all expected it to, but I still think there will come a time when it will explode. Worst case scenario is that it will continue a slow climb upward.

IMO.

I did not see any mention of going to the OTCBB on the current 10K; it is my assumption.

They also haven't filed anything with the SEC yet. I'm hoping to hear about both the filings and an announcement about getting off the Pinks in the near term. Why spend the money for Audited financials then stay on the Pinks?

Remember, they're still on the Pinks. Most investors won't touch a stock on the Pinks.

When they begin filing and get back on the OTCBB, it will be open up to a whole new segment of investors.

I believe 90 days from the end of October for the 10-K, so worst case scenario would be end of jan. I'm hoping to see an "Audited" 10-K by then. since the quarterlies do not have to be audited, perhaps that will come out much sooner along with news about future financials and going back on the OTCBB.

The reason it was so late last time is that they had recently transitioned out of the OTC and on to the Pinks and they were catching up on their filings. With their intent to begin audited filings soon, I think end of Jan would be the latest time frame; though, I'm hoping it's much earlier.

Thanks Traderdan, I was expecting it in December all this time.

I thought the CDOC filings were due 45 days after the end of the quarter (October 31st), so that would be early to mid Dec; if not earlier. I could most certainly could be mistaken on this though.

Unless Etrade was acting up, there was a large amount on the bid towards the end of the day Friday, but no takers. It looks like nobody want's to sell.

With another good quarterly the 10K should be one of their best ever. They may also report their status on the audited financials and their move back to the OTC.

If all the above takes place the stock could make a huge move to new yearly highs.

Not much selling, but the buying hasn't started yet either, because it may be another month before the financials/news comes out. We'll see if the price starts to slowly move up between now and early next month.

It takes time to evaluate Munox; they have several prospective buyer's currently testing the product. It may not be too much longer before we here about any success the company has had with these tests.

Although with any pinky there's always a downside; with the current price and share structure, and the fact they have real products to sell, I think the potential upside is almost unlimited. Especially when a product like Munox that could sell in large amounts with a big contract.

This is a real company with real products to sell; it’s unaudited financials are up to date and for a Pink Sheet company, it’s outstanding share count is pretty low (under 100 million). At its current price of .003 the potential is huge, so I understand the excitement here.

With a promotion or news, or a combo of both, this could really fly. But right now, I don’t see either one. Until they have something substantial to report the price is not going to move much.

Regardless of whether the latest move is considered good or bad; when they are filing audited financials again (possibly in a few months) there's going to be a new set of investors buying this stock that should send it higher.