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RSI 26.24 nice
Alkaline88 August 8, 2023
Dear Valued Customer,
This letter is being written to explain some of the issues that ALKALINE 88
has experienced over
the past couple of months regarding production and shipping delays.
The summer season is always challenging regarding capacity for bottled water, In the past to mitigate the seasonality, we have been able to build up finished inventory leading into the summer. But this year due to some production issues resulting in delays with existing co packers, we were unable to build up inventory as we have in the past. Additionally, we have experienced some issues with timely raw material delivery by some of our key suppliers. With this background, please know we are working diligently through all these issues to get back to our normal service levels which you have come to expect from Alkaline88 over the many years of doing business with us. For example, concerning the delays we have experienced with our existing co packers, we currently are in the midst of adding two new co-packing partners to assist with production. Additionally, as many of you know, Yellow Freight has filed for bankruptcy which has caused a backlog of
shipping issues for Alkaline88, as well as many other manufacturers. Alkaline88 continues to have strong sales, and frankly our sales %, and unit % numbers YOY are outperforming most of our key competitors. As you know, we have had an excellent service level for many years, even during the COVID days when other competitors were not able to deliver but Alkaline88 did. We ask that you have patience as we resolve these supply chain issues and please rest assured we are taking all measures to correct these issues as soon as possible. In the meantime, we have stressed the need for continual communication with our
entire team to keep you apprised on this situation.
As always, we appreciate your continued support, and patience.
All of this for $0.0036 ? Whew. False unless you did a Hiru private placement: “she has taken shareholder money to start the company and keep it afloat”. If you bought stock from a broker you bought it from another shareholder not her.
Thanks. The “uncurated rumor cascade effect”. One guy gets scared they’re not buying back and A88 is going bankrupt and refuses to see his profit disappear so he starts selling and selling begets selling resulting in bid whacking with your hair on fire because nobody wants to see their profits disappear.
All of this on average 10 day volume of 7.53 million shares a day. Got it. Welcome to the OTC. Thanks again.
Fun fact: Current RSI 34.21 is lower than it was on 3/24 when it was RSI 42.01, traded 140 million shares with a low of $0.0016.
Apparently Hiru only tracks WTER when WTER goes down. It’s been green three days now. Hiru? Not so much.
Yup all of that. I’m not scared because there’s strong support at $0.0016 lol!
Lol I’m not sure if we know they are not buying because I thought they said it would be disclosed at the end of the months after changing from blow by blow after every buy. Hard to keep up tbh.
I know what they said and anything is possible but I’ve never seen it before because it’s not required.
It’s going to be another bash fest when they explain what they meant and say the 10k will be audited. Lol
In the 10-Q, firms are required to disclose relevant information regarding their finances as a result of their business operations. The 10-Q is generally an unaudited report.
A 10-Q must be filed for each of the first three quarters of the company's fiscal year.
Key Takeaways
SEC Form 10-Q is a comprehensive report of financial performance submitted quarterly by all public companies to the Securities and Exchange Commission.
Form 10-Q contains financial statements, management discussion and analysis, disclosures, and internal controls for the previous quarter.
Companies must file their 10-Qs 40 or 45 days after the end of their quarters, depending on the size of their public float.
A snapshot of the company's financial position, Form 10-Q provides investors with information they can compare to previous periods and use to evaluate the outlook for the stock's performance.
Form 10-Q is not an audited statement, unlike the annual Form 10-K companies are also required to file.
Understanding SEC Form 10-Q
Federal securities laws mandate that publicly traded companies provide certain information to shareholders and the general public. These disclosures may occur periodically or as specific events occur. A company utilizes Form 10-Q—one of many required by the SEC—upon the completion of each quarter to release unaudited financial statements and give an overview of the company’s financial situation.
The exact filing dates depend on the organization’s fiscal year, but it is necessary to file three 10-Q reports each year.1 A 10-Q for the final quarter of the year is not required: After the fourth quarter, a company files Form 10-K, an annual report, instead. This report, unlike the 10-Q, is audited and tends to contain more details.
Only one issue with Hiru and it’s clear if you understand what the Volume by Price indicator on this chart represents relative to the 1.94 billion shares issued and outstanding.
https://schrts.co/GminpGZR
Smooth move to get out at the open dumping to $0.0036 before it goes up. Gonna put that in my tips and tricks notebook of trading strategies.
Here’s some examples of what A88 could be aiming for IF they manage to establish Alkaline Water as a category thing like energy drinks did and get the national production/distribution network in place. (Not saying the majors make a play but there’s a lot of others that could get involved. There’s a lot of money at stake in the beverage/water sector).
I read their K acknowledging losses with planned cost cutting while simultaneously detailing their commitment to building out distribution with adequate resources for the next 12 months and willingness to acquire more capital to stay the course. Not what you say if you’re worried about going out of business imo. If you’re afraid you say we’re laying off people, discontinuing expansion, conserving cash and focusing on our core customers yada yada.
I also noticed they believe to have $14 million a month of wholesale production capacity from 9 locations which would be $168 million annually. They’re only using 39% so far at $64 million.
3/21
https://www.foodnavigator-usa.com/Article/2021/03/08/Nestle-USA-acquires-Essentia-Water-Acquiring-Essentia-gives-us-an-immediate-strong-position-in-the-functional-water-market
The acquisition of Essentia Water, which positions itself as a "s?upercharged ionized alkaline water"? containing trace amounts of rehydrating electrolytes, will help Nestlé establish a foothold in the high-growth, US functional water set, dominated by its competitors (Coca-Cola's SmartWater and PepsiCo-owned LIFEWTR).
8/2014
The Coca-Cola Company will make a net cash payment of $2.15 billion and transfer its worldwide energy business to Monster. In exchange, Monster will issue to The Coca-Cola Company the shares of Monster common stock (17% post transaction), transfer its non-energy business to The Coca-Cola Company, and enter into expanded distribution arrangements.
8/2022
PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company.
Energy drinks are one of the fastest-growing nonalcoholic beverage categories.
In the first quarter, Celsius’ U.S. revenue soared 217% to $123.5 million as demand for its energy drinks exploded.
,,,,,,,,,,,,,,,,
Pepsi has been doubling down on energy in recent years as SODA CONSUMPTION FAILS. In early 2020, it bought legacy energy drink maker Rockstar for $3.85 billion with a goal of revitalizing its sales. Celsius recently overtook the brand as the fourth most popular energy drink in the U.S.
https://www.prnewswire.com/news-releases/primo-water-corporation-announces-acquisitions-in-north-america-301453851.html
https://www.prnewswire.com/news-releases/quench-announces-acquisition-of-vero-water-301392867.html
Here’s some examples of what A88 could be aiming for IF they manage to establish Alkaline Water as a category thing like energy drinks did and get the national production/distribution network in place. (Not saying the majors make a play but there’s a lot of others that could get involved. There’s a lot of money at stake in the beverage/water sector).
I read their K acknowledging losses with planned cost cutting while simultaneously detailing their commitment to building out distribution with adequate resources for the next 12 months and willingness to acquire more capital to stay the course. Not what you say if you’re worried about going out of business imo. If you’re afraid you say we’re laying off people, discontinuing expansion, conserving cash and focusing on our core customers yada yada.
I also noticed they believe to have $14 million a month of wholesale production capacity from 9 locations which would be $168 million annually. They’re only using 39% so far at $64 million.
3/21
https://www.foodnavigator-usa.com/Article/2021/03/08/Nestle-USA-acquires-Essentia-Water-Acquiring-Essentia-gives-us-an-immediate-strong-position-in-the-functional-water-market
The acquisition of Essentia Water, which positions itself as a "s?upercharged ionized alkaline water"? containing trace amounts of rehydrating electrolytes, will help Nestlé establish a foothold in the high-growth, US functional water set, dominated by its competitors (Coca-Cola's SmartWater and PepsiCo-owned LIFEWTR).
8/2014
The Coca-Cola Company will make a net cash payment of $2.15 billion and transfer its worldwide energy business to Monster. In exchange, Monster will issue to The Coca-Cola Company the shares of Monster common stock (17% post transaction), transfer its non-energy business to The Coca-Cola Company, and enter into expanded distribution arrangements.
8/2022
PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company.
Energy drinks are one of the fastest-growing nonalcoholic beverage categories.
In the first quarter, Celsius’ U.S. revenue soared 217% to $123.5 million as demand for its energy drinks exploded.
,,,,,,,,,,,,,,,,
Pepsi has been doubling down on energy in recent years as SODA CONSUMPTION FAILS. In early 2020, it bought legacy energy drink maker Rockstar for $3.85 billion with a goal of revitalizing its sales. Celsius recently overtook the brand as the fourth most popular energy drink in the U.S.
https://www.prnewswire.com/news-releases/primo-water-corporation-announces-acquisitions-in-north-america-301453851.html
https://www.prnewswire.com/news-releases/quench-announces-acquisition-of-vero-water-301392867.html
Y/w. My take is they’re clear about the plan and cost to buildout a ubiquitous brand. You don’t get here by accident and go “Oops I guess we’re done”
As of March 31, 2023, we had an accumulated deficit of $137,078,578.
Their losses are in marketing, customer acquisition, gaining market share not in selling water.
They will issue/sell stock and borrow etc to fund gaining market share as long as there’s a market opening and the water is selling out.
They may run a quarter billion to half billion dollar accumulated deficit before they are everywhere and commonly known.
At that point the buildout is done and costs go down and roi begins.
Typically at that point a buyout from a major comes along and the quarter billion dollar accumulated deficit becomes a loss carry forward asset to the buyer and part of the $$$ buyout equation.
That’s what it looks like to me.
The idea WTER is going anywhere anytime soon or in a few quarters if they get de-listed is amusing. Hiru holders would benefit from a full reading of their latest very transparent 10-K. Lays out the size and scope of A88, growth goals, competition, risks, Roth agreement, accounting/filing deficiencies and corrections etc.
Corporate Overview
Founded in 2012, The Alkaline Water Company (NASDAQ: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. The Company offers retail consumers bottled alkaline water in 500-milliliter, 700-milliliter, 1-liter, 1.5 -liter, 2-liter, 3-liter and 1-gallon sizes, all of which is produced through an electrolysis process that uses specialized electronic cells coated with a variety of rare earth minerals to produce 8.8 pH drinking water without the use of any manmade chemicals. The Company also sells a line of Alkaline88® Sports Drinks.
Our bottled alkaline water product is presently available in over 75,000 stores in all 50 states, the District of Columbia, the Caribbean and in Mexico and Canada. We distribute our product through several channels. We sell through large national distributors (UNFI, KeHE, C&S, and Core-Mark), which together represent over 150,000 retail outlets. We also sell our products directly to retail clients, including convenience stores, natural food products stores, large ethnic markets and national retailers and through Direct Store Distributors in selected markets, including Columbia Distributing, Mahaska, Nevada Beverage, and Hensley, covering Nevada, Arizona, Pacific Northwest and Midwest region. Combined, they service over 25,000 customers in eight states. Each one carries our full line of waters. Some examples of retail clients are: Walmart, CVS, Rite-Aid, Family Dollar, Food Lion, Albertson's/Safeway, Kroger companies, Sam's Club, Schnucks, Smart & Final, Jewel-Osco, Sprouts, Bashas', Stater Bros. Markets, Unified Grocers, Bristol Farms, Publix, Vallarta, Superior Foods, Ingles, Shaw's, Raley's, Harris Teeter, Festival Foods, HEB and Brookshire's. The majority of our sales to retail clients are through brokers and distributors, however, sales to our larger retail clients are often direct to the client's own warehouse distribution network. Our full line of Alkaline88® bottled water products and sports drinks are presently available for purchase at www.alkaline88.com and www.thealkalinewaterco.com.
Our operating subsidiary, Alkaline 88, LLC, operates primarily as a marketing, distribution, and manufacturing company for our alkaline bottled water products. It has entered into co-packing agreements with nine different bottling companies located in Virginia, Georgia, California, Florida, Texas, Wisconsin, Nevada and Arizona to act as co-packers for our product. Our current capacity at all plants exceeds approximately $14.0 million per month wholesale.
Our component materials are readily available through multiple vendors. Our principal suppliers are Vav Plastics Inc., Smurfit, and CKS Packaging.
Full report here
https://ir.thealkalinewaterco.com/sec-filings
Yeah that’s the ticket.
Clueless opinions are still opinions.
Speaking of receipts here’s a funny one I came across. Oh the irony.
Quantum price action
All,
I’ve been getting a few questions as regards the strength in Quantum’s stock price. There are two causes, in my opinion. First, we had two historic holders who blew out of stock in the last two weeks. They had been sitting on it for a while and finally cleaned up. Their knowledge of the company’s fundamentals is negligible and their selling is nothing more than a buying opportunity in my opinion.
Secondly, there was an article out in the Chinese press that puts a little more substance on our Chinese JV. Here is the article, which you’ll need to “right click” and then translate to read. http://www.ce.cn/xwzx/gnsz/gdxw/201605/08/t20160508_11322297.shtml
Cheers!
Daniel Carlson
Cell: +1 415 509 4590
Six months ago WTER was $0.11 and did a 1/15 RS and it didn’t seem to change their ability to grow revenues to $63 million, reduce losses and identify $22 million of further cost savings and margin improvements
Pre-split it’s trading at $0.029 now. They’re on notice for the delinquent 1st Q filing now that they filed the late 10-K. Another 180 day notice of not meeting minimum bid with 180 days to fix it is likely.
They lost ($0.45)/share this quarter or $4.68 million (if the data I saw is accurate) so they’ve got a great price to earnings ratio lol.
Looks like typical “growth stock”, penny stock stuff that perpetually lose money until they don’t.
As long as they stay open and maintain or improve sales their stock condition shouldn’t have any bearing on Hiru.
I would think the brand A88 is worth more than the current $4.5 million market cap.
Funny. Devil with the blue dress on,,
Sure one more uncurated place to defend misinformation and create panic. Maybe MySpace while we’re at it.
Lol $Hiru = 155k sq ft. Wonder how many that leaves for lease? Too funny.
Lol who Robin or Amber? Squires had the silicone fun bags so maybe lol.
AmberLane@OnlyFans and I’ll bet Robin turns up lol.
Written about real estate and yet applies equally to equities.
This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear, pushing prices down, and the 64% awaken to the rapidly narrowing window for locking in bubble capital gains. This rush for the exits triggers a strike in buyers, who realize there is no way to know how low valuations will fall, and so waiting for a bottom makes much more sense than playing "catch the knife," i.e. buying as a bubble deflates, hoping you don't get burned by prices falling after overpaying.
E*trade has 2 million more to come from the 4 million order that caused buyers to walk away.
Lots of tea leaves to read here when you go to a 30,000 foot view. Some replies and follow ups would be worth a pound of cure.
https://stockcharts.com/h-sc/ui?s=HIRU&p=W&yr=3&mn=0&dy=0&id=p89649421180
Huh. QuantumTravesty post# 55856
Thursday, 08/17/2023 11:13:22 AM
Barring news let’s pick the week 8/28 to start the next move on $0.006
Thank you very much as well.
Thanks HL close enough and makes me wonder wouldn’t that be an easy twitter update if things went as planned/stated?
Did you see a tweet early in the year or late 2022 about bringing a number of new production lines into service each month or am I making that up?
Split the baby $9.5 mil 3q
Yikes!
In Vagas parlance $Hiru is 1 down ( $0.000 lose 100%) and 10 up ( $0.025 make 1,000%) 1 year out.
Hard to do when Amber Lane doesn’t exist except in google maps.
Yup dollar bill on a string if buyers won’t take it higher then they’ll sell it lower. Huh.
2013 price level. Huh.
This week will be like the dollar bill on a string trick. Sellers dumped their daily allowance early today and the ask went up until tomorrow when they need to dump their load.
There’s no advantage in killing a host, the parasite relies on the host for resources.
Sellers have shown their profit threshold is low $0.004’s
8 million shares is not a sell off just continued selling that occurs if it’s going up or down. People taking 100-200% profits don’t care which way it’s going.
Personally I wouldn’t tout resumed talks about an acquisition that needlessly raises chatter about dilution and just announce the deal and terms if it happens.