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The first three months open it made 40k minus operating costs it netted 14k. The next financials to be released still won't have a full year of operation under its belt. Looking for improved numbers and hopefully the name change will attract more investors. Give it another year for big returns to investors but get in now while it's still in penny land.
They have a fully functional dispensary open 12 hrs a day 7 days a week. Check out www.kayashack.com, their facebook page, and leafly.com for current customer reviews. The have alway had a delay in releasing financial info, and we are just waiting for them to change name and ticker symbol.
LOL yup i think we have established that it is a low trading stock. Glad some DD was done here.
You obviously missed the point you said "No updates, websites ect" which is a clear lie since i posted their website. And how often are websites supposed to be updated??? Is there a set time frame of acceptability when it comes to website updates?? The fact there is nit picking going on here is FEAR!!!! BUY BUY BUY!!!! AAAAFFFFAAAAIIII!!!!!
www.Kayashack.com is their website and it is working.... also checkout the awesome reviews on http://www.leafly.com/dispensary-info/kaya-shack/reviews NUFF SAID!!!!!!
I will only agree with you that the company needs more promoting. The financial havent been released yet so you cant say that "its barely staying afloat". This is the ONLY dispensary that is tradeable on the stock market so investors will flock. Finally, all it takes is a little DD to realize that yes the store is still open 12 hrs a day 7 days a week. They have weekly sales and in this month all flower is $160 an oz. Their newest promotion started March 20th and goes to April 20th. It is a Portland Appreciation Raffle where first prize wins $100 store credit/month for a full year, $50 for second and $25 for third. Read the reviews and you will see that the people of Portland love their Kaya Shack. Oh and i just so happen to have family and friends in Portland that not only buy from them but let me know how well they are doing. NUFF SAID GOOOO AFAI!!!!
Agreed!!! This company is set to explode on news of name/symbol change. Legalization in Oregon in July will be a huge boost. These prices are a steal!!!!! On another note, company filed a NT-10K for late filing. Nothing to worry about, if anyone has been in this stock long enough knows that this is standard operations. Big things ahead!!
link below
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10586512
There has been ZERO dilution with this company and at the time of the supposed announcement of new Kaya Shacks the company's stock incentive program wasn't even a thought. Keep loading AFAI!!!!!
Unfortunately that info on the supposed new quantity of Kaya Shacks never made it to an official PR. Can't hold them to it soooo just stop. So either someone misinterpreted what was said or it's just a false statement. That lawsuit was shutdown once and will be shutdown again. Nice and easy everyone, just slowly build your portfolio at these low prices and wait until July or when they release the companies new name and ticker symbol an you all will be rewarded. Enjoy the quiet it's not a pump and dump, legitimate company with product being moved. Enjoy the ride with AFAI!
All I know is that if it was something bad... OTCMARKETS would reflect that, like grey market or that fancy stop sign they throw up for garbage/suspended stocks
Ohhhh the excitement is building!!! It's an AFAI explosion, or whatever they decide to call it, all over the marketplace!!!!!!!!!
Mike Frey out!!!!!
Gotta go...
Wrong is Wrong... This has to end
My name comes up wrong...I was put on the sutimco priv ledge but I'm just speaking as me.
4 hrs ago
Under looters "mike yes" reply!!!!!
I think .06 would be nice but I wouldn't hold my breath. They are taking forever with this name/symbol change. But I guarantee when it does happen the current price will look a lot better than the aftermath.
True, there is still some fear with these MMJ companies that the Fed might come in and do some damage. This way they can relax and do what they do!
Go AFAI and whatever the new stock symbol will be!!!!
Tomorrow hopefully this bill gets passed and marijuana in legal states gets off the class 1 drug list.
Senate Bill Would Ease Federal Prohibition Of Medical Marijuana
http://www.huffingtonpost.com/2015/03/09/senate-medical-marijuana-_n_6834534.html
Fully agree
Thank you!!!!! We need more supporters like you on this board. Let's go AFAI!!!! Let's get some more rocket fuel for the moon!!!!
It is exciting. I am looking forward to a rewarding year with AFAI. Craig Frank and co. took the first positive steps by focusing all energy on their dispensary and willingness to change the company name and symbol to make it more appealing to investors.
It is only one store right now but as the company shifts its focus hopefully they can get some more stores in Oregon before it goes full recreational. Pretty exciting times cant wait.
Tons of great reviews:
http://www.leafly.com/dispensary-info/kaya-shack/reviews
Website is easy to navigate and professional:
http://www.kayashack.com/
They are open Mon-Sun 10-10. Solid 12hrs/day 7days/week. Initial financials a little on the small side but great potential and positivity coming for the new financials which should be posted in April.
The initial lawsuit was thrown out, they have more evidence on their side this time to once again throw that garbage lawsuit out the window again.
With recreational weed legal on 1 July these prices are a bargain.
GOOOOO AFAI!!!!!!!!!!!!!
Company is in transition, moving from a dual front to a singularly focused company. It will take time to drop the biofuels but in the long run this is a smart play. Ticker and company name should be changed soon then it will get more publicity. Just look at the deals they are dishing out on their facebook page for KAYA SHACK.
https://www.facebook.com/KayaShack
Lets focus on some Positives of Craig Frank shall we:
"He serves on the Board of Directors of the Neve Michael Children's Village, an Israeli home for underprivileged children"
"He has worked with more than 185 companies, large and small, from 16 countries including the United States, Canada, Israel, Germany, Belgium, France, United Kingdom, Netherlands, Romania, Czech Republic, Hungary, Brazil, Chile, Guatemala, Costa Rica, and Honduras. He lectures widely on business and marketing matters at universities and conferences, including regular lectures at Florida International University, and guest lectures at Florida Intercontinental University"
"He was the monthly marketing columnist for The Source for Business, a Florida based small and medium sized enterprise publication. He is a widely published author with articles on business matters featured in magazines and newsletters internationally, including the publications of the Guatemala America Chamber of Commerce, Pino Entrepreneurship Center Newsletter, the Israel Export Institute, the Romania Business Alliance Newsletter, and the World Association of Small and Medium Sized Enterprises. Mr. Frank has been recognized for his expertise in the alternative fuels sector and has been featured in both Biodiesel Magazine and as a featured speaker at Florida International University's Alternative Energy Conference"
http://www.bloomberg.com/research/stocks/people/person.asp?personId=35158163&ticker=AFAI
That's a lot of positives, praise, and experience for Craig Frank to be slammed over one companies failure that he is a BOD for.
How is it insiders when the company goes bankrupt and is forced to sell all equity and go bankrupt. That pump and dump website even states that. Soooo how is it a pump and dump? And quit dragging Craig's name throught the mud.
I believe we already covered this topic a couple of posts ago. Show me a filing that has his name as a board of director. And as I previously stated someone on the BOA is not the one pulling the strings. Plus that company is not a pump and dump its bankrupt. So I put it on you to show me a legal document that has Craig franks name on it as a BOD of ALGI.
I did some more digging and that company went under due to lack of finances. They sold the company away to pay for their debt. Now that stock ALGI is tanking. That has ALGI's CEO's blood on it not someone on the Board of Directors (Craig Frank). That company is not involved in a pump and dump scheme if you read what the website said it was "unknown due to delinquent financing. Once again Craig Frank has no hands on the dealings with what happened. The people you should be mad at are follows Anthony Johnston CEO David Denton COO and Stephen P. Slay CFO. Those are the ones that let the company down, just like if AFAI were to tank I would blame Craig Frank because he is the CEO of the company not someone on the Board of Directors.
For everyone to read and enjoy from rookies link:
Mr. Craig R. Frank has been the Chairman of the Board, Chief Executive Officer and President of Alternative Fuels Americas, Inc. (AFAI) since January 2010. Mr. Frank has been constructing AFAI into a viable and sustainable biofuels company since 2006. Prior to founding Alternative Fuels Americas, he served for 11 years as Chairman and Chief Executive Officer of The Tudog Group. He served as the Chief Executive Officer of Tudog International Consulting Inc. since 2002. He served as the Chief Executive Officer of Tudog Creative Business Consulting from 2000 to 2002. He has worked with more than 185 companies, large and small, from 16 countries including the United States, Canada, Israel, Germany, Belgium, France, United Kingdom, Netherlands, Romania, Czech Republic, Hungary, Brazil, Chile, Guatemala, Costa Rica, and Honduras. He lectures widely on business and marketing matters at universities and conferences, including regular lectures at Florida International University, and guest lectures at Florida Intercontinental University. He is also an in-demand speaker at international conferences, including the Florida Sterling Council, the International Project Management AssociaPrior to founding Alternative Fuels Americas, he served for 11 years as Chairman and Chief Executive Officer of The Tudog Group. Mr. Frank serves as a Director of the publicly traded American Locker Security Systems. He has been a Director of American Locker Group Inc. since March 2006. He has served on the Boards of Advisors of Trade Layers, Actimize, Ombek, Gather Technologies, and Worldlane.com. He serves on the Board of Directors of the Neve Michael Children's Village, an Israeli home for underprivileged children. He served as Board Member of NetSpace International Holdings, Inc. until July, 2007. He was the monthly marketing columnist for The Source for Business, a Florida based small and medium sized enterprise publication. He is a widely published author with articles on business matters featured in magazines and newsletters internationally, including the publications of the Guatemala America Chamber of Commerce, Pino Entrepreneurship Center Newsletter, the Israel Export Institute, the Romania Business Alliance Newsletter, and the World Association of Small and Medium Sized Enterprises. Mr. Frank has been recognized for his expertise in the alternative fuels sector and has been featured in both Biodiesel Magazine and as a featured speaker at Florida International University's Alternative Energy Conference.
And here is my link as proof that he is no longer with that company in any aspect.
http://www.otcmarkets.com/stock/ALGI/profile
NO MENTION OF CRAIG FRANK AT ALL.
The volume will continue to be low until the name change and this stock is no longer classified as a bio fuels company. Good days are ahead for this company and this stock. Those that are patient will reap profitable benefits. That's just common sense.
Yes I understand the concept of share distribution it is not a new thing to me. But the fact that you think employees the deadly insiders makes me chuckle on the inside. Your making it sound like they are all going to sell their shares at once and cause a catastrophic drop in pps. All corporations have a some type of share benefits for their employees. Plus the did it in accordance with the anti-dilution laws that protect us investors from such a catastrophic thing.
Don't know you tell us. Your the one with the direct line to the CEO. And show me proof that the "insiders" are dumping. Back it up
I guess positivity is not allowed. I can't wait for the official release of the new company name/ticker symbol. Once word gets out in the MMJ world we will be seeing that kind of greenery more consistently... Goooo AFAI!!!!!!!!!!!!
I strongly believe that this is a great stock to hold and continue to buy on sub 10 cent PPS. I am looking forward to the symbol change/name change as well as the recreational legalization of weed in Oregon this coming July. It also helps that they are dropping the whole biofuels thing. With an increased customer base the revenues should steadily climb and in the long term this will be a great stock to own. Especially since NO ONE else (stock wise) actually has a dispensary and is getting good reviews on leafy.com. Looking forward to the future with AFAI or whatever they decide to call it. It is unfortunate that some individuals use this platform to control what information is posted, delete what they feel they dont want to see posted, and try to dictate to individuals what to do on a message board.
It clearly states that it's for the employees genius. If your theory is correct then every single corporation that provides a stock option like this for their employees is committing fraud in your eyes, good thing you don't work for the Wall Street journal otherwise we would be in another Great Depression. I don't think I made myself clear about it being legal in accordance with the anti dilution laws as well as the appropriate filings that you previously stated you trust and are now trying to flip into something it's not.
Your right the statements in the filing are credible just like this one "(1) In addition, pursuant to Rule 416 under the Securities Act of 1933 (the “Securities Act”), this Registration Statement also covers an indeterminate amount of shares of common stock to be offered or sold pursuant to the anti-dilution provisions contained in the employee benefit plan described herein " HMMMM I think they pretty much nailed it with the lawyers to prevent anytime of dilution or any craziness that you are perpetrating on this board. Oh and if you need any other help deciphering the fillings of this company please let me know im here to help. Oh an by the way that statement is on the S-8 POS that has the so called insiders pocket lining shares that you are bashing this company with.
Yup that's the thing both of us are referencing so good job on completely contradicting yourself and still you have no proof or "inside" info that those shares will be dumped... Keep spewing your venomous LIES and back tracking on what you say it's ok every days a good day at Kaya Shack!!!! The only publicly traded MMJ DISPENSARY!!!!!
Sorry here is your direct quote "It is all in the filings. This is a OTCQB so they have to file."
The reason we don't see that 8k is because they are not lining insiders pockets mr conspiracy.. Oh and didn't you say "they have to file it because it's OTCQB" in reference to the shares???? Seems like your trying to play both sides here Rookie, sorry but real investors aren't scared away by your shenanigans
Is that what Craig told you via email or do you have some amazing inside source telling you that.. Hmmmm or maybe they did that to pay off some peeps that they were building that stupid jathropa car with either way I'm really not sweating it and neither should you.. At least he had the balls to actually file it with the OTC whereas other "penny" stocks just rape their shareholders with no notice at all. RESPECT the CRAIG!!!!! And his Kaya Shack the only publicly traded dispensary
RSP quit whining man!!! He's doing what you "told" him to do sooooo just keep buying low... I mean really, he's dumping that bio fuels shenanigans and going all in with Kaya Shack... Start getting high on your own supply and R-E-L-A-X!!!!!!!!!!!
No kidding a lawsuit would have a negative impact!! You haven't addressed the fact that it was already dismissed, and they are waiting to have it dismissed again with more evidence on their side. What's to say that yes a lightbulb went off in their head and thought hmm maybe we should find some more income to get more stores available. I can play the guessing game too, lining their pockets for what??? I think it's more feasible to get money for more stores.
Thoughts?
That is old news, like a month old. If it was truly that detrimental the stock would have plummeted already, aaannnndddd they already had the case dismissed what makes you think it won't get dismissed again. And you are completely blowing the whole share thing out of proportion, again that was a MONTH ago!!!!