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Please read again. I implied that Gumbie's post, if true, is something really serious.
Thx
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104445329
Maybe the insider accumulation, and the future pump and dump theory has some logic after all. If that's the case, that's something really big and really serious.
I was part of that group for quite a long time, and we never shared insider information, we just had a share count for all the members.
I knew that somehow BW was associated with the Fort Wayne penny stock mafia pumping and dumping stocks like crazy, but I thought that the SEC cracked that down, yet ADC* and FDM* still trading and sucking new investors using the MJ ruse. For once, it would be nice that the SEC put Brian and Daisy where they belong, in jail. The SEC also needs to investigate the role of insiders and paid employees in this scam.
That's some serious stuff. If the scenario plays like that still somebody will be left to carry the heavy bags.
Nothing that a Berge meeting with a couple of hot Russian chicks can't fix. I mean, the company is collapsing, but the CEO had the decency to take a vacation to Russia. He is probably drinking vodka like is 1919.
Where you get the idea that the product is being liked? The only measure for that is probably Amazon, and probably 90% of those reviews are fake. I even put several five stars reviews when I was a shareholder. Even a poster was here fishing five stars reviews. New products? Nice try, but BBDA hasn't distribute a new product in many many years.
So are you saying that the cash is actually there, but probably BW didn't know how to do a statement of cash flow?
Yeah, right, like we don't know that the boss probably gave you some inside tip
Good luck to you. I hope you get to bank in this stock and don't get caught in a RS. For one will be nice in pennyland that other than the CEO and flippers would make money. Long term investors seem to always have the short side of the stick.
Will this be beneficial for ACTC? Or the lawsuit will be a major blowout to the entire industry?
Let me see, I bought some shares in 2012, I was here for the big spike, so no, I wasn't part of the RS either
The announcement about the end of the dilution was in 2012, and the announcement about the ice cream was in 2014, that makes your entire argument invalid. Since 2012 BW has been diluted this pig to oblivion.
Which accomplishments? Please name some of those accomplishments to the board. Setting a LLC to pump more shares is an accomplishment? Because I've not seen the ice cream anywhere, and neither have you, so hardly an accomplishment. How about Koma vanishing from Walmart, is that an accomplishment too? The only thing this company has accomplished is triple the amount of shares after openly saying that revenue was enough to finance operations. I dare you to prove me otherwise. Just for the record, I traveled to DFW area to see Koma in Walmart, but Koma was nowhere to be found. Perhaps this is the reason why the CEO decided to send the sales staff to the competition board to promote the stock.
Good post sir
Lol isn't 2014 the present? What an idiot this guy is.
Is the regulation for one year period or for one full fiscal year?
I agree with you, the SEC doesn't care about the average Joe being scammed by a penny stock company. Once in a while they, the SEC, will unleash the hammer to punish a couple companies to set an example, or release a statement about a specific sector, but other than that nothing else. Meanwhile, criminals like Weber and Ramirez can keep operating and stealing money at will.
So I guess my question is why release a PR about a product that is/was not available at the time? To add to the embarrassment, why take a trip to Europe to promote a product that is not even available in the US? We are not talking about the 2015 Corvette here, we are taking about freaking ice cream. Hemp ice cream is not a novelty, so wouldn't be much better to release the PR once the first batch is ready for a beta test? BW was so eager to sell shares that he placed a fake label over a B&J container, was that honest?
True, even be for the opportunity to place some product in Circle K, he will not be able to deliver, like usual
The entire Euro deal was just a hoax created by BW to sell shares, didn't he say two years ago that the euro deal was going to be ten times bigger than Walmart? Koma is a brand easily replicable, so the idea of BW sending cans from North Carolina to Europe is a big lie. The deal was announced two years ago, yet nothing happened so far.
I guess you twisted my post in your favor, but to be clear, if a company is constantly sampling yet not placing the product, we can call that a retention issue. Companies like Costco do samplings all the time, some products stick, some products just disappear. Walmart customers faced with the decision to pick a bottle of Melatonin for $3.99 or a can of grape soda for $1.99, they most likely will pick the bottle of Melatonin. Nobody wants to pay $1.99 for a placebo that induces diabetes, so there's your retention issue. As for the distributors, you need to do your DD about Edland Distribution from Seattle, that should be your answer.
You don't need statements, just check the Facebook page. Before, BW was posting pictures of people sampling Koma in different Walmart stores, but today he didn't even mention Walmart, why? Is the product not selling anymore? Where those sample pictures a vain attempt to pump the stock? The thing is that the product is so expensive that retention will always be an issue. The flavor is disgusting, and nobody want to feel that horrible grape taste in their mouth, not for $1.99 per can. You also know the product has retention issues when BW sends staff to promote the stock, not the drink, in other penny stocks forum that also sell drinks. In reality, all penny stocks companies that sell drinks are big scams, so the competition is not which company sell nor drinks, but which company sell more shares.
Even if sales improve a little the only solution in the long run is a RS. More products usually mean more expenses, and the company will not be able to sustain that without issuing new shares. BW promised two years ago that market capitalization was over at 2.4 billion shares, and the company now has more than double that amount. Even if you summer that C&C ice cream and drink will reach the market, which they won't, I guarantee that BW will always find an excuse to keep diluting this pig to oblivion. The latest Circle K pump proved that even for flipping this is a very risky stock. People had to sit days in the 0.0008-0.0009 range to be able to dump those shares at 0.0014.
Let's change your when for IFF, and should be along the vitamins and supplements. Probably along the milkshake protein.
Despite everything you cannot deny the fact that this company is moving in a positive direction. Like any other stock, though, this company has many risks associated to it. I wouldn't bet the house or the farm here, like I wouldn't bet the house in any other stock. Think how solid AIG was, and then all of a sudden the company collapsed.
Krony, with all due respect, nobody is hurting the company more than the CEO. I'm trying to support the company in any possible way, but things are getting completely out of hand. In this age of massive communication, his trip to Russia on shareholders dime is just an embarrassment. Couldn't he just Skype or email an apology if needed? Did he go to offer a Randy Marsh to Jesse Jackson type of apology? To me he is just using that as an excuse to justify his vacation. He is making everyone angry for his erratic behavior and long trust with toxic lenders. You said it yourself, he doesn't know whether the company will do a RS or increase AS, in either of those cases shareholders will be totally screw. I hate to say it, but the only one responsible for this debacle is Berge himself. The only way to silence Yelps and Facebook posts is with actions, but Berge isn't taking any.
http://www.sec.gov/complaint.shtml
There you go...
If your cost basis is 0.0130 shouldn't you be way way up already?
You can do whatever you want, none of my business.
Which buyback? The one that BW promised in 2012? Are you holding some inside information that lead you to believe that BW will do a buyback? As far as I'm concern the company has to publicly announce about a buyback.
Unless you have 945 million shares to dump at the bid this will continue in this range for a while
In the spirit of the World Cup, please read this
http://m.washingtonpost.com/news/to-your-health/wp/2014/07/11/injured-argentine-winger-angel-di-maria-may-be-resorting-to-unproven-stem-cell-therapy/
This could help us as well...
Yet I've asked loyal shareholders to show a picture of a single can of Koma seeking at Walmart, and nobody can produce a single piece of evidence. I guess that I'm going to have to believe the CEO who says that Koma is in 99% of all Walmarts. I wonder, though, how he is capable to keep with all that demand. Think about it Walmart, The Dominican Republic, Mexico, the world cup in Argentina, and can keep going on and on, but I guess you got the idea. So if are posting attention, and have evidence that Walmart is selling Koma, please, by all means, silence all the doubters.
You better get them now that they are cheap or you will be chasing higher prices. This could be your ticket to retirement think about it. You could be posting to the forum using your iPad in a sunny tropical island.
BBDA will not succeed as long as BW is in charge, and even if BW leaves BBDA will not succeed because BW owns the brand in a separate shell. The fact, though, is that the entire relaxation industry is a bust. A bust not in the sense that there is not market for it, but in the sense that the market is saturated and customers can buy cheap substitutions like natural sleeping pills. Pricing a can for $2.99 is just too much because low income people may eventually realize that they can buy a bottle of Melatonin for $3.99 and use that for at least two months and have the same or better results without risking their life with so much sugar (Per O' magazine), and people who can't afford the product don't want the cheap ingredients. Still, I think that the company had a golden opportunity with Walmart, but somehow BW managed to screw that one out. I haven't seen a Walmart promotion or picture lately which lead me to believe that Koma is facing out of Walmart, which was predicted. My brother is a big bagholder. He invested around $2K here, and he is down more than 80% on his investment. No big deal, he can use that loss for tax purposes, like many people that invested here, but still sucks that investors always have the short side of the stick while CEOs get to keep all the money under the blind eye of the SEC
I truly respect your support for the company, but at one point you probably need to realize that this is a penny stock company. Leaving the scam talk aside, is kind of obvious that the company doesn't have enough resources to sustain a single product, let alone three or four. The fact that BW is shooting bullets like a wild cowboy hoping for something to stick should be a huge let down. He went from the ice cream, to the C&C drink, and now back to Koma leaving only empty promises a few new investors to hold the bags. To summarize, BBDA doesn't fully own the brand, doesn't own the factory that produces the drink, and doesn't even own the little distribution available, so what the company actually owns? At this point the answer is simple: Shares, millions and millions of shares.
Wow, who's that lucky guy? He can dump his shares at the bid and make 100% profit
What happened with the stock. Price is showing 0.00, is this a glitche?