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The STOP sign at http://www.otcmarkets.com/stock/SFIO/quote is there to warn investors away until the reporting company is brought back into compliance.
It is telling investors to be cautious.
That STOP sign has nothing to do with whether or not SFIO put up a web site with a shopping cart, or if they will ever bring the e-cig to market. It's there because this tiny company cannot meet the very most basic "PINK REPORTING REQUIREMENT'S".
If SFIO EVER releases financial statements, and you see how ridiculously the revenue comes short of what they projected (for example $10,000,000 in the first quarter of 2010 and not realized in any follow-up), won't you please heed the "warning stop sign", and stop buying the new shares SFIO continues to sell as they dilute all of the shareholder value.
I ask all of you, who and what do you trust? What SFIO says, or what SFIO does?
Until that Stop Sign disappears, you are putting your money at greater risk of losing it all. The company may never come back into compliance. So until it does, there is no good reason to invest in SFIO BEFORE they do.
Investors should also beware of egregious exaggerations and untruths posted on this board in an attempt to try and take advantage of you.
As an example, a post on Saturday started by assuming there were 100,000,000 outstanding shares.
A check at: http://www.otcmarkets.com/stock/SFIO/company-info
shows there are 504,484,423 Shares Outstanding a/o Jan 31, 2011
Investors should verify a few facts that conflict with some posters claims, and then come to your own conclusions as to who you can and cannot believe.
FofoH Share Sunday, March 06, 2011 6:31:04
Re: Pauly The Fish post# 15963 Post # of 15977
Quote:
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The REAL ecig is due out end of March
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Are we talking about the same company that told you 3 weeks ago that Financials will be out in 3 business days?
The same company that told topdog back in Dec (!) that Financials will be out by end of January?
Quote:
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I just emailed Mr.T this morning. This is his reply about financials. It is pretty much as we expected. I think this revenue report will be a good one. He usually doesn't respond that quickly. It gives us all a little time to gather some powder. IMO
Date: Friday, December 17, 2010 3:20 PM
From: Thomas Schroepfer <thomas@rauchless.com>
To:
Subject: Re: updates
Size: 4 KB
Year end financials will come out in January
Smokefree Innotec Inc.
mail : Thomas@rauchless.com
Trading : SFIO
Phone : 1 + 702 940 8079
Website: www.Smokefree-Innotec.com + www.sfio.us
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This week's bounce is only going to happen if the selling pressure from new shares stops.
If vendors are dumping millions of shares to be "paid", they would be advised to stop; and let "traders" make a little money by letting it bounce naturally.
There does appear to be an increased demand for the shares. It's coinciding with the Rheingold roll-out. But the demand is no match for the selling pressure. The vendors are actually ruining it for themselves, but who knows, there may be no end to the number of new shares we are going to see this spring.
If some support appears, vendors that want to sell will be advised to do it more slowly. The crush of new shares appearing at the rate we've seen pulls the rug right out from under the share price.
If the heavy selling pressure reappears as it did every day last week, the bounce will be deflating, and we could be in the .002's before the end of the week.
I'm just a bystander right now, but it all seems pretty obvious to me what's unfolding in front of my eyes.
All good points; I would like to see the business plan update too.
I haven't seen the 18 packs or bottles yet. I would prefer buying either to the 12 packs; especially the bottles. I haven't asked about it, so I don't know why. Maybe if I just ask my retailers they'll ask for, and carry it. I should ask in my supermarkets too. None carry it; only the liquor stores.
As for employees being unaware of the product being in their store, I posted about that months ago. Unless you're dealing with the owner or managers, thinking that most part time employees know everything merchandised in their store, is just silly.
As is the case with most small businesses, most liquor stores don't do enough training. Sales and product knowledge is very limited. In the circuit of stores I patronize, I know they conduct customer tastings and employee training because I've been there and speak with the owners, managers and employees. They know the kind of beers and wines I like. They may even approach me while I am shopping and mention what they just got in, or they just tried "X", and that they thought I would like to give it a try. I do it because I trust them not to steer me wrong. Then there are plenty of times I walk into a store and ask an employee a question and learn I found a walking, talking stump-of-tree.
That's also why I don't put a lot of stock in the results of random telephone surveys of liquor store employees, asking them if the know if Rheingold, one of the products they probably sell very little of, is actually in the store.
cargo_hauler Share Sunday, March 06, 2011 11:32:34 AM
Re: FUNMAN818 post# 57399 Post # of 57400
I keep buying and drinking Rheingold, because I like it. The flavor is a good commercial flavor, as I've stated before, like a blend of Miller and Budweiser. It's priced below the Miller and Budweiser premium price points in most places I have bought it, and yes, I've checked the Georgia distribution list, and found that most places on the list are carrying the Rheingold. I've also found that all employees in the establishments are not even aware they have it. Last time I bought a 12 pack, I placed it on the counter and asked the gentleman ringing me up if this brand was selling. He replied, I've never seen this before, didn't know we had it. I proceeded to tell him about it, and he said he was going to try it.
I'm an investor in DKAM again, and I'd really like to see a good 10Q report. Not as much in the Rheingold results reported for last quarter, but in the business plan update. Would like to see the reorders increasing and the rollout to continue. Also think Mexcor revenues need to be defined, as that part of the business should be a very important and increasing part of the business plan. I also hope the company can slow the outstanding shares increase with some time of new financing.
Number of units sold? Since we're all on the edge of excitement with the new 3D system, it would really be nice to see a PR every month giving us a progress report on demonstrations and units sold. Some product testimonials being added to the web site monthly would be nice too.
After 5 months, customers keep walking into establishments selling Rheingold, buying enough to warrant precious shelf space. That's what's happening in my area. I think it is very positive.
If any promotion spurs even just a "little" more demand from the hundreds of retailers presently carrying Rheingold, the present base Rheingold revenues should see a nice little bump. Add the new retailers coming on line with each new distributor brought on board, and the June financial's should look very pretty.
If loses don't narrow by June though, and dilution continues at a breakneck pace, we will be faced with what many here have been warning; an ugly reality. How long can it possibly continue with any hope for "long" investors?
That said, the percentage value of what I hold to what I invested is so small now, selling my shares would just be silly. Instead, I will continue putting my hands together at night and hope for divine intervention for PK; that he wake up, and do what he said he was going to do; be more conscious of shareholder value, and start a promotional campaign.
Share Count Change? Can anyone explain to me what the circumstances were that caused the share count to add nearly 1/3 of the outstanding shares from 2009 to 2010?
Did it have to do with acquisitions?
http://www.otcmarkets.com/stock/CUGI/company-info
Shares Outstanding 166,598,406 a/o Mar 24, 2009
http://investing.money.msn.com/investments/stock-price?Symbol=CUGI
Shares Outstanding 204.66 Mil
http://finance.yahoo.com/q/ks?s=CUGI.PK+Key+Statistics
Shares Outstanding5: 204.66M*
*Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.
I'm glad to hear that; the results are different than others have gotten when making similar types of calls.
My concern was the same as yours; was it a one shot deal without re-ordering?
As long as re-ordering continues, the sales base will be established. The sales base will grow in existing locations as more recognition is realized. Overall it will grow as more distributors and retail outlets are added.
The slew of negatives weigh heavily on DKAM but Rheingold is making it exciting. Hype isn't going to move the stock up. Not this late in the game with DKAM. They have to prove revenue growth is happening in a big way to gain confidence. The share price will really start to move up if they can also prove that they can chip away and shrink the operating loses. Just imagine what would happen if they could stop bartering stock for products and services.
Then I wake up.
roberto1 Share Saturday, March 05, 2011 1:58:45 PM
Re: kezzek post# 57393 Post # of 57394
fwiw.Spent over a hour on phone calling Beer Outlets about RheinGold. 99% have it and have been getting more as they run out. Store owners are receptive and helpful as I state Rheingold is publicly traded. The reason being of my questions. Arab speaking women in Ohio did not carry it. Only 1 on 30 some odd calls.My concern was it was a 1 deal promotion but the Store owners I spoke with do not see Like that.I do not have RheinGold in my location just the Whiskey River,Oliphant,Aquilia Tequila,Damiana....I feel florida Is close to comming On. Note:The John Wayne Jackie robinson Posters are on the Wall.
DKAM isn't "tech", but think "tech". Same with "Pharmaceuticals".
I've never seen more companies "working on the next greatest world changing thing" lose more money, faster, than they can. Yet dilution runs rampant, their revenues rise while licensing something they created to a bigger company to earn royalties, and the net flat lines or drops, some how they still grow the share price based on "hope & promise".
Spartak Share Saturday, March 05, 2011 12:50:55 PM
Re: FUNMAN818 post# 57390 Post # of 57391
Funman, can you, please, answer my simple question: "What use of increasing revenues if bottom line remains the same?"
Thank you.
You're right about the facts. I am guessing 10 - 20 million shares showed up in the last 4 - 6 weeks. Before that dating back to the r/s, I don't know. The stock didn't trade as heavily as it has recently, though it was in free fall down to .015 pretty fast. I don't really recall "buys" Vs "sells" from back then. I know you guys might.
We'll see the share count in a few weeks, and then have a better guesstimate what they may look like on the June statement.
Meanwhile, you guys know I am most interested in revenues, so I will be keen on seeing what's reported, and the announcements of new distributors. I am secondly interested in the promotional roll-out commencing. I'm not expecting much, but I would like to see some creativity and a burst of consumer awareness where it happens.
kezzek Share Saturday, March 05, 2011 12:30:00 PM
Re: FUNMAN818 post# 57385 Post # of 57388
First of all, who knows how many new shares have been issued. With the T/A gagged, it's impossible to tell.
What we do know from filings it that on 7/31/09 there were 94 million shares and on 7/31/10 there were 359 million shares.
During that time, the stock went from about $2 to 12 cents.
Don't discount large shareholders continuing to average down both in hopes of something turning things around and in supporting the price and reducing the chance of the company filing for bankruptcy.
And always remember, every one of those shares was also sold by someone. Who do you think is more likely to have a better perspective on the company, those who were given them by the company for services rendered, or those who are buying?
If DKAM goes to .025 on revenue news before the next r/s, I'll do a 100 yards of cart wheels UP the DKAM hill I've be riding my saucer on, and scream like a little girl all the way.
After PK's statement a few weeks ago, I am expecting to see revenues at about $200,000. That may have been enough for some vendor to unload all that new stock we've seen, but it wasn't the confidence booster I was looking for. I will be VERY disappointed if Rheingold revenues aren't close to that since the words came out of his mouth.
I'll go one step further, if any insider or "pseudo insider" sensed that by June, DKAM was going to report AT LEAST $400,000 in new revenues, I cannot believe a rational decision would have led to them to sell their shares. Regardless of expenses and dilution.
Dramatic revenue growth is the pretty girl on the bar stool. The stock will jump on that kind of news.
cargo_hauler Share Saturday, March 05, 2011 12:12:15 PM
Re: FUNMAN818 post# 57385 Post # of 57386
Don't forget, the Earnings report is coming soon, and we get the numbers from the Mexcor partnership and the Rheingold rollout is still going strong. So yea, they have used the S8 shares, but if we see the business plan is being executed well, we will see this stock explode back into pennyland where it belongs.
No matter where this goes, I would very much like to know who is buying all of these new shares?
By my guess, we probably watched 10 - 20 million new shares appear in the past 4 - 6 weeks. I doubt very much they are from big losers prior to the R/S unloading. Those people have little percentage-wise to lose at this point. So we know reasonably well they are "vendor" shares.
Yet for every one of those new shares, someone is loading up a boatload of them. Someone has balls and thinks they know something. Maybe they do?
Meanwhile, I just get back from saving another $20; my Rheingold is chilling for the games later.
BTW, the Rheingold shelf space was twice the size that it was last week.
Reasons for investing, and for my original optimisim.
1) Ownership has "skin" in the game.
2) Wells Fargo: In the middle of tight credit during the recession, WFC put skin in the game too.
3) The People Behind Management, the Board Of Directors.
4) They have been in business a long time.
5) They have never done a reverse split.
6) They have 70+ employees
7) CUGI is not a typical PINK. Not with $30,000,000+ annual revenues.
8) Part of their stated business plan is to acquire other companies and products. They have Board Of Director members who have a successful history of doing just that.
My conclusion is that I am a "long" in CUGI and will let it ride as long as they keep growing.
I invest in people, not "cheap" stocks.
Thier Board Of Directors is filled with people who have run companies before. Some continue to do so. Several are involved with philanthropic endeavors. The only negative "tell" I view as a key to quality BofD members is that none are members of other company's BofD's.
Ownership has "Skin" in the game: In the last 8 months, there have been approximately 8 open market share purchases by insiders.
The largest share holders include several employees and directors, they have substatial skin in the game to be uninterested in increasing shareholder value.
Top 10 Other Holders: CUGI
Name Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Qvale (Kjell H) 21.22 M 5.84 M — 10.37% Medium
Melby (Colton R) 12.49 M 3.43 M — 6.10% Low
Saltz (Mitchell) 11.09 M 3.05 M — 5.42% —
Price (Thomas A) 8.14 M 2.24 M — 3.98% Medium
Miles (Walter & Whitney) 10 M 850,000.00 — 4.89% —
Hallock (Bradley J) 6.68 M 568,186.00 — 3.27% —
Clough (William J) 781,500 214,913.00 — 0.38% Low
Rooney (Sean P) 173,202 43,301.00 — 0.08% Low
Ford (Daniel N) 40,610 10,153.00 — 0.02% High
McKenzie (Matthew M) 20,305 5,888.00 — 0.01% High
Total % of Shares Owned by:
Top 10 Holders
34.51%
Next, all of these key developments are very positive:
CUI Global (CUGI): Key Developments
ALL DEVELOPMENTSEARNINGS ANNOUNCEMENTSPRODUCT ANNOUNCEMENTS
Related links:
Get quoteAll recent newsEarnings news
1/4/2011
Waytronx, Inc. Changes Name To CUI Global, Inc.
Waytronx, Inc. announced that CUI Global, Inc. is the new name for the platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies.
8/10/2010
Waytronx, Inc. Retires Additional $2,000,000 In Debt
Waytronx, Inc. announced that the Company, along with its wholly owned subsidiaries, CUI Inc., a provider of electromechanical components and CUI-Japan, its Japanese subsidiary, and Comex Electronics, a partially owned (49%) Japanese subsidiary, announced that effective August 9, 2010, it has retired a total of $2,000,000 in debt associated with the Standby Letters of Credit (SBLC;s) underlying the $6,000,000 acquisition Term Note held by the Commerce Bank of Oregon (the Commerce Bank Note). Waytronx reports that five of the six SBLC holders, all investors in the company, chose to convert their SBLC's to equity and pay down the Commerce Bank Note accordingly. Said conversion will result in a reduction of the Commerce Bank Note from $6,000,000 to $4,000,000 and an equivalent reduction in monthly interest payments to Commerce Bank.
8/3/2010
Waytronx, Inc. Closes $4.0 Million Line of Credit
Waytronx, Inc. along with its wholly owned subsidiaries, CUI Inc, its Japanese subsidiary, and Comex Electronics, a partially owned (49%) Japanese subsidiary, announced that it has closed and funded a $4.0 million Line of Credit (LOC) with the Business Credit division of Wells Fargo Capital Finance, part of Wells Fargo Bank, N.A. In addition to closing the LOC, Waytronx has transferred all of its banking relationship to Wells Fargo and has effectively ended its relationship with regional banking partner, Key Bank. In so doing, the Company has cured the technical default related to its Key Bank LOC and is back in full compliance with relevant financial covenants.
3/30/2010
Waytronx, Inc.'s Subsidiary Announces Advanced Power Topology License Agreement With California Power Research
Waytronx, Inc. announced that its subsidiary CUI, Inc. has entered into an exclusive Field of Use Agreement with California Power Research Inc to license their BPS-5 advanced power topology. BPS-5 provides advantages across a wide range of ac-dc and dc-dc power conversion applications through a significant reduction in switching losses within PWM circuits. This switching coss reduction translates to a potential for improved energy efficiency, faster transient response and increased power density when compared to the designs currently on the market.
3/2/2010
Waytronx, Inc. Issues Q4 2009 Revenue Guidance
Waytronx, Inc. announced that for fourth quarter of 2009, it expects revenue to be approximately $28.8 million.
The People behind management are not the very best, but they have very good backgrounds. My belief when investing is not that different than when hiring people. I am "hiring" these people. If I wouldn't hire them, I wouldn't invest in them. If I am not confident in the peoples' abilities based on their resumes, I will not invest in them either.
Colton Melby
Chairman of the Board
Mr. Melby has a 20 year background in aerospace manufacturing. He spent 15 years as owner and chief executive officer of Metal Form, Inc., serving worldwide customers, including: Boeing, Bombardier; Rockwell; Grumman; Lockheed Martin; and others. Under his stewardship, Metal Form was the recipient of numerous awards of excellence including Boeing's President Award and three consecutive "Supplier of the Year" awards.
Mr. Melby is a founding member of Melby Brothers Performance Investments, a firm with a strong history of financing successful start-up and turnaround organizations. One of Mr. Melby's more notable investments in that capacity was the financing and purchase of firearms-maker Smith & Wesson from London-based Tomkins PLC in 2001. Mr. Melby continues to invest both his time and resources in successful business ventures. This includes investments in Earth 911, a recycling company dedicated to green initiatives and green recycling.
Mr. Melby is an active philanthropist. He and his family are members of the Harvesters, an Orange County food bank dedicated to providing healthy meals to under privileged kids in Southern California. He is a member of the Cattle Baron's, a Texas charity providing support to the American Cancer Society.
Corey Lambrecht
Director
Corey Lambrecht is a 10+ year public company executive with broad experience in strategic acquisitions, new business development, pioneering consumer products, corporate licensing and interactive technology services. Mr. Lambrecht serves as Executive Vice President of Global Alerts, a leading Cause Media company. He most recently served as Director of Sales for Leveraged Marketing Associates, the worldwide leader in licensed brand extension strategies. While Executive Vice President for Smith & Wesson Holding Corporation he was responsible for Smith & Wesson Licensing, Advanced Technologies and Interactive Marketing divisions. He was the former President of A For Effort, an interactive database marketing company specializing in online content (advergaming) for clients such as the National Hockey League.
Mr. Lambrecht’s prior experience also includes Pre-IPO founder for Premium Cigars International and VP Sales/Marketing for ProductExpress.com. Mr. Lambrecht also has prior operational experience for a Scottsdale, Arizona residential and commercial development company.
Tom Price
Director
Thomas Price was appointed to the CUI Global board of directors in November 2007. Mr. Price is a business veteran with more than 30 years of business and operational management experience. He is the founder of Tom Price Dealership Group, a leading auto dealership that he grew to 11 franchises at six locations across California. Throughout the course of his career, Mr. Price has been involved in investor and manufacturer relations, and orchestrated the successful acquisition of his company, FirstAmerica Automotive by Sonic Automotive, one of the nation’s largest automotive retailers. Mr. Price has been credited for the successful completion of Serramonte Auto Plaza, an advanced, large-scale campus with innovative, industry-leading design features. Mr. Price also developed the multi-brand San Francisco Auto Repair Center and a conference facility in Larkspur, Calif.
Currently, Mr. Price is the owner of nine car dealerships in Northern California. He has received numerous awards for dealership excellence from manufacturers and has served on the National Dealer Advisory Boards of several major automobile manufacturers. He was Chairman of the Lexus National Dealer Advisory Board and charter member of the J.D. Power Dealer Roundtable. Mr. Price is also an active philanthropist. The Price Family Dealerships are major sponsors of Special Olympics of Marin, Dedication to Special Education, CASA/Advocates for Children, Marin Breast Cancer Council and the Golden Gate Shootout. In 2005, the Price Family Dealership raised substantial funds for Katrina relief.
Sean P. Rooney
Director
Mr. Rooney brings to the CUI Global Board nearly 15 years of financial management experience. Mr. Rooney currently serves as Senior Vice President - Investments for Oppenheimer & Co. Inc., a leading investment bank and full-service investment firm. Prior to joining Oppenheimer & Co., he served as Senior Vice President of Investments for Maxim Group LLC, a leading full service investment banking, securities and wealth management firm and in similar capacity at Investec Ernst & Company, an international specialist bank headquartered in South Africa and the U.K. Through his many years of experience, Mr. Rooney has built a vast network of industry resources and contacts.
Mr. Rooney graduated from C.W. Post University in 1993 with a Bachelors of Arts degree in Business Administration and holds Series 7 (General Securities Representative), Series 63 (Uniform Securities Law), and Series 24 (General Securities Principal) licenses.
Mr. Rooney currently manages a clientele of high net worth investors, institutions and foundations. His command of the ever-expanding universe of financial instruments enhances his ability to provide unbiased advice in each of his three core disciplines, money management, financial planning and estate planning.
You know I'm joking about my "freebies",right? Though I am serious about buying Rheingold at a $20 savings for every case I would otherwise buy at least once a week.
Once I recoup what I invested by saving the $20 a week, I will go back to buying the beers I normally buy. They are chosen by the season. Rheingold will be on its own at that point.
As long as I am going to wait until the financial's in June, I am going to root for Rheingold. I'll wait and keep a keen eye on the promotions they choose to run, and the revenue growth.
Obviously for myself and all "longs", I hope for enough justifiable optimism that we see the shares rise. I will also hope for better executive decisions and a change of behavior regarding shareholder value. If it doesn't happen, I'll tear up my "lottery ticket" and move on.
BTW, I am not one of the people buying these new shares, and if you remember I also posted that I didn't care if the stock didn't trade until the financials came out, and that there wasn't a reason for anyone to buy the stock until after seeing the next financials.
If it didn't trade, because there were no buyers, the share price would never have dropped and it would not have diluted; pretty cleaver huh?
No one loses.
Orenthal Share Friday, March 04, 2011 8:15:47 PM
Re: FUNMAN818 post# 57371 Post # of 57374
Here is the problem with that post.
"Once I recover it all though, whatever shares I have will be "freebies". Isn't that every traders goal?"
I'm invested in MO, PM, FTR, VZ, and SIRI. I was in this at about $1.90ish held through $3.00+ and kept buying more and more cheapies until I FINALLY sold at pre-split $0.025.
During that whole time I was happy to keep expanding my position. I believed in every "new" product despite failure with every previous product.
I don't fault you for holding. I held in spite of countless rational posts on the failure of the company at every step. Just be warned your only going to keep losing.
Forget the products and financials. The CEO here is a liar and is diluting you to pay his salary. Someone with more integrity would just allow it to go bankrupt.
CUI Global Inc Pink OTC Markets
Has it changed, or did you just notice?
stkwatcher1 Share Friday, March 04, 2011 6:39:35 PM
Re: None Post # of 2142
NASDAQ.COM shows CUGI trading on the PINK SHEETS! ??????????
I can't sell before the June financial's come out. I need to see the revenue trend.
There won't be a reverse split before then, but it may not matter. There's not much difference between .0002 and .0001.
I just hope my local retailers don't stop restocking Rheingold before then, otherwise I won't have any way to recoup my loses.
Once I recover it all though, whatever shares I have will be "freebies". Isn't that every traders goal?
Got to go grab a Rheingold and my saucer for another reckless ride down our snow covered hill.
BTW, are you guys invested in "real companies", or are you exclusive to penny stocks?
Orenthal Share Friday, March 04, 2011 4:54:57 PM
Re: FUNMAN818 post# 57366 Post # of 57369
Ha, it would be best to just sell. Then you just try and help the few new people, and laugh at the helplessly deluded.
TICK TOCK R/S AGAIN...
Geeezzz, I missed my chance to flip DKAM for a profit today.
I'm really glad I wasn't watching the blood bath blow-by-blow.
The e-mail I received may have been BS, but not my posting the info:
Thanks for the email! CEO William Clough is currently in Houston meeting with Chevron and other gas producing/transmission companies – there is really no “link“. I will let you know the info as it becomes available. With your permission, I will start sending you the CUI Global updates on a regular basis to make it easier for you to keep up with the company!
I hope this helps. I’m at your disposal, so please contact me at anytime!
Sincerely,
Fred Schultz
CUI Global, Inc. (CUGI)
Investor Relations Consultant
760-429-7775 Direct
760-855-8880 Cell
fschultz@cuiglobal.com
www.cuiglobal.com
Go ahead, contact him. Or anyone else at the company.
Address
20050 SW 112th Ave., Tualatin, OR 97062
Phone and Fax
Toll Free: (800) 275.4899
Local: (503) 612.2300
Fax: (503) 612.2385
Company Information
info@cuiglobal.com
Investor Relations
investors@cuiglobal.com
Press
press@cuiglobal.com
As for a CEO being the best salesman the company has, I don't doubt it at all; in most small companies for that matter. CUI only has 76 employees reported by InvestorsHub.
If a sales meeting was taking place with XYZ company, I'm sure they have designated sales people to call on "regular" customers and prospects.
If I was setting up a game changing meeting for a tiny company with one of the biggest companies in the world, and I was Chairman Of The Board of CUI, you should be darn sure, I'm sending in the biggest guns I have.
bonehead41 Share Friday, March 04, 2011 4:02:02 PM
Re: FUNMAN818 post# 2138 Post # of 2139
Hmm ..Seems odd to me that the CEO turned salesman for the company..I call BS
I received this piece of news earlier today:
" CEO William Clough is currently in Houston meeting with Chevron and other gas producing/transmission companies – there is really no “link“. "
I guess this info isn't confidential and they're not in secret negotiations since this was e-mailed to me. Maybe they are superstitious and don't want to jinx a potentially good thing by talking about it.
bonehead41 Share Friday, March 04, 2011 3:06:29 PM
Re: None Post # of 2137
Not much interest in the stock, With such a big event coming on Monday
Share price up 20% and volume increased 20-fold yesterday. Does anyone know what's happening at:
VIKING SYS INC (VKNG) 0.31 +0.05 +19.23% 1.04 M ?
YOU PICK the date.
When will you lose the faith? Any date is okay, but it's time to pick a date to put an end to this madness.
You're waiting for financials and a REAL product for sale. This from people who projected $10,000,000 in sales for the first quarter of 2010. They've spewed an endless stream of PR's that have been proven false.
It's time to heed the warning of the STOP sign.
http://www.otcmarkets.com/stock/SFIO/quote
Can you just provide a link so no one has to search?
I went to the Steve Crowley show and can't find it.
Who is Fred Schultz?
These are the only people listed on the CUGI website:
Management
William J. Clough, President & CEO
Matthew McKenzie, Chief Operating Officer
Daniel Ford, Chief Financial Officer
Michael Schuette, Ph.D., Technical Fellow
Larry Rightmyer, Director of Administrative Services
Bradley J. Hallock, Senior VP of Business Development
Board of Directors
Colton Melby, Chairman
William J. Clough, Director
Matthew McKenzie, Director
Corey Lambrecht, Director
Sean P. Rooney, Director
Tom Price, Director
logytwo Share Thursday, March 03, 2011 1:50:37 PM
Re: FUNMAN818 post# 2132 Post # of 2134
Mr. Clough talked about it on the Steve Crowley radio program. You can hear it in the archives at the link provided from CUI's Fred Schultz. Those posts usualy begin "Good Morning"
Jim
Sorry to hear about the financial burn.
I'm sure the limited meaning of my buying Rheingold is that by moving the restocked product off the shelf in a couple of stores, they continue to restock it. If I was the only buyer I am sure it would have been gone by now.
As for my out-of-pocket cash, I really am saving at least $20 a week and have put a good dent in my unrealized lose. I am fortunate to have Rheingold readily available so I can do it.
I prefer other types of beer, but I don't dislike Rheingold. Since I'm the one choosing what I put into my mouth, if I didn't like it I would have sold my shares in September right after I first tried it.
Before I bought HOOK I tested all of their products that were available locally. I liked a few so I bought in. I really liked management and the largest shareholder, so it was a win from the get go (though it did lose a 1/3 of it's value early on). I first bought HOOK within weeks of when I first bought DKAM.
My Vodka is Absolut; nothing fancy. Olifant isn't sold here. I've never tasted it.
My single malt scotch choices are Lagavulin and Laphroaig; pretty pricey stuff.
So the Rheingold helps to off-set them.
Spartak Share Thursday, March 03, 2011 11:42:55 AM
Re: FUNMAN818 post# 57343 Post # of 57345
This is crazy, when shareholder buys products just to support his investment, not that he really likes the product. I was doing the same and I was wrong! I was buying Olifant on any occasion, refusing to try different brands, was naive enough to think I actually helped the company and as a result my investment. Eventually I lost everything and moved on. Now I drink beer and vodka I like.
BTW my choice of vodka is Ciroc and I don't have investment in DEO.
P.S. Now Cargo has to buy more Olifant to replace my donations to PK family ;)
You're right. That's why I keep drinking Rheingold and need to for a good period of time to come Seriously, I am disiplined enough that I am really doing it. The consequence of my buying DKAM at least results in my being able to do this.
As for you waiting for "profitability and a stable balance sheet", you will always win, but you will miss great opportunities that are recognizable beyond the financials.
SIRI is a real good example, but I didn't buy in at 5¢. I waited until the trend was established in the 70¢ range. MGI is a different story; the management was almost completely turned over. The new line-up (resumes) was so impressive, the timing was right to act before they were able to impliment changes. I acted on the Board Of Director moves. You have to study a lot of stocks and spend a lot of time to be looking that deep.
The one rule I broke investing in DKAM was I invest in people (management and board of directors), not companies. In this case I invested in the hope of a product. I have to live with the people.
Regarding arvitar ... would somebody else please explain the math to him; that if I "was" going to spend at least $36 a week on my preferred brand of beer, and now I am instead spending $16 a case a week for Rheingold, I am saving at least $20 out-of-pocket.
kezzek Share Thursday, March 03, 2011 11:08:43 AM
Re: FUNMAN818 post# 57338 Post # of 57341
In mid 2009, the stock was at about $2/share (post R/S equivalent).
When they announced Rheingold last year, it was about 10 cents a share.
At the beginning of 2011, with several announcements about Rheingold's success, it was around a penny/share.
Now it's setting new all-time lows at around 4/10ths of a cent.
No one is suggesting you sell your shares now, but I think an honest appraisal will show your glasses to be so rose colored as to be opaque.
Nor are people who think the stock will continue lower denying increasing sales or higher trading volumes. But those will not drive the stock price higher in my opinion, a position well borne out by history. You're right on one thing - the time to buy a stock is usually after there's evidence of a turn around. But the turn around I look for is profitability and a stable balance sheet. And I don't see that happening for DKAM.
FWIW, DKAM is not a Pink.
To repeat, my preferred beers are heavier, hoppier and cost about $36 a case.
I am buying at least one case of Rheingold a week for $16.
So my savings are at least $20 a week. I have been doing so since September when it was first introduced, and prior to the last reverse split.
I can't drink 15 times faster, but I am still saving at least $20 a week. I will continue to do so at least until I recoup my entire unrealized loss, and maybe even going forward as the lighter beer has also helped reduce my winter waistline.
arvitar Share Thursday, March 03, 2011 11:00:41 AM
Re: FUNMAN818 post# 57338 Post # of 57339
Quote:
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"I am drinking it ... and recovering my investment as I do"
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This doesn't make much sense, if you think about it. Every Rheingold you drink is worth about 250 shares of DKAM. This means that you are increasing your average cost-per-share by drinking Rheingold.
In other words, if you are drinking it, you are doing the exact opposite of recovering your investment.
I am a realist. My eyes are wide open. I've been here since mid 2009.
I repeat, I am in this for the long haul. I bought because of the Rheingold introduction. I am old enough to remember it; too young to have bought it. It would be ridiculous for me to sell out now just as the ramp up is beginning.
I hope the new buyers are "pseudo insiders" with more knowledge than you and I have about re-orders, increasing volume, and retailer expansion; that they sense something good is brewing at Rheingold.
So many PINKs never realize an investors reason for making the first investment. Most notably in the pharmaceutical business. Very few ever develop the mass-marketable drug that turns the company into a profitable enterprise and covers the losses of the other 50 PINKs the investor bought into.
At this point, what choice to I have? It's like I'm taking a ride on a hill in a saucer with no control over where I am going. Rheingold is in the stores. The expansion is happening. I am drinking it ... and recovering my investment as I do, and every day supporting the company.
Posting positives as I see them isn't starting rumors, isn't denying the fact of expansion as it happens, isn't ignoring there are many more individual buyers of the stock even as it declines, isn't ignoring a rising average daily volume, and isn't denying that if the company grows the revenue pie, the slices of the pie can become large enough to cover expenses.
I've shared on this board some of the other sub $3 stocks I'm in. Some have turned small bank rolls into impressive stories to talk about. One I found out was run by out-right crooks, previously accused of investor fraud in other publicly traded companies, and repeating the same scheme several years later. I was suckered. Some of you know I went nuts as my "awakening" happened.
I wouldn't keep investing in these cheap stocks if when the stock market is soaring, the total of my "cheap" investments were bucking the rising trend. None that soared, roared because of what I say on their boards. It was just dumb luck buying in at the right time.
That said, my "real portfolio" isn't in PINKs. My latest "eye-popper" is MDR. I thought it was just a fabulous company at $25, but didn't have available investable cash to act. Then came the BP disaster in the gulf and MDR sank to $15. I wish I bought BP, but I had the leverage for MDR. They badly missed on the 4th quarter EPS but announced $5,000,000,000 in booked business. Look it up. The stock has roared since I bought it 5 months ago.
So here's my PINK analogy for DKAM and why I am so focused on revenues. MDR hasn't realized their profits. They missed badly; by 1/3 below analyst estimates. Nobody cares. If DKAM's revenues climb quarter after quarter, there will be less pressure to barter shares, selling pressure will ease, and when annual revenues are seen moving from $1MM to $1.5MM to $2MM, etc., there will be a lot more people who will buy in because of it. They will over look the loses and all the bad history; they won't care.
I would much prefer if I was getting into the game now then when I did. Timing is everything. If DKAM is going to start turning some things around, the time to start buying will be just as we start seeing the signs. Dilution has obviously not stopped, but we don't know the extent of it yet. So right now some of the positive revenue signs are all we are seeing, and that's like the pretty girl on a bar stool I referenced a while back. She starts to attract a crowd.
More people are stepping to the plate and buying DKAM as we approach the quarterly financial release. They're going for the saucer ride with me. I'm just doing it for the FUN of it.
.004 ... remember I predicted that to happen by the Friday before Super Bowl ... I missed by 3 weeks.
.0035 ... by when the financials come out.
We need to see how many new shares have been printed. It seems like we are seeing just way too many of them creating too much downward pressure every afternoon. It's such an obvious and disturbing pattern.
The postive expansion and revenue news obviously just can't float the share price.
"Longs" need a positive surprise. The reported revenues, expenses, and the number of new shares are either going to doom the share price, or reinforce reasons to buy. We just have to wait and see.
Can you provide the source for this information?
logytwo Share Thursday, February 17, 2011 7:53:50 PM
Re: bonehead41 post# 2120 Post # of 2131
Not only have the beta units been delivered, Chevron wants a sit down the first week of March to discuss a joint venture.
There is a silver lining to substantially more "buys" Vs "sells", and hope that the new buyers have some knowledge that you and I do not have about Rheingold's critical growth information. That being the amount of restocking and if there is retail outlet expansion or contraction going on within each of the distributors territories.
Rising revenues look pretty to people just taking a look at DKAM for the first time. To "longs" who are banking on Rheingold to make a difference, it's been a long wait. There's something very positive happening at DKAM, not in the past, but right now and it is spreading.
I personally wouldn't expect the share price to go in any other direction than it is now, until a revenue trend starts to show it's gaining traction.
Then, I would expect the shareholder count to go up as "traders" start playing in this sandbox.
27 Buys Vs 6 Sells does look pretty to me.
You and I also both know, the trading day at DKAM can all turn sour in the next hour, or sweeten.
griff100 Share Wednesday, March 02, 2011 2:24:53 PM
Re: FUNMAN818 post# 57311 Post # of 57312
Yes, it's alway nice to see "buys" outnumber the "sells" while the pps is down 16%...kinda makes you feel better about it.
The arbitration results will probably have a different spin than you wrote. For now, no one knows what the outcome will be.
Anything can be brought up while making "the case". Delaying tactics don't win cases or higher awards. In fact, arbitrators take things like that into account and usually view such practices negatively. The whole picture is looked at. Arbitration hearings are not as nearly focused as suits in court. So much more is allowed to be entered into the record. Who is "more right" is what is at issue.
The job is to resolve a dispute both parties are unable to resolve themselves. They agree to arbitration to lessen the costs of the dispute resolution process.
The amount of damages being sought by either party isn't important to the outcome. It's only who wins that matters.
As for who wins and loses, I suggest that rather than starting yet another rumor, we be smart enough to wait for the ruling. It's going to come by the end of the month.
In the mean time, 21 Buys Vs 4 Sells is nice to see at this point during the day.
BCInvestor Share Wednesday, March 02, 2011 11:16:05 AM
Re: Tirunesh post# 57304 Post # of 57310
No news on LIQR vs DKAM. Here is an excerpt from my response to the Rumor Mill yesterday:
As I have said before, think logically about LIQR vs DKAM: LIQR allows the arbitration to delay as long as possible so that the case goes from being only a few hundred thousand in damages to $5.5M. The case gets delayed due to scheduling conflicts or other issues, but the time-line of damages continues until remedy (ruling of the arbitrator). When it is finally time to rule, there are millions at stake, and the life of DKAM on the line.
Meanwhile, DKAM only goes for a set $500K in damages.
Both parties would likely be ordered to pay damages in stock.
So what is $500K divided by $3 per share? 166,666 shares to DKAM, making them about a 1% shareholder in LIQR.
Now do the math if LIQR wins $5.5M divided by $0.0042, and you find that LIQR would be the single largest owner of DKAM above and beyond PK or anyone else. Since PK could not take any action legally to dilute LIQR in their position, PK would have to hand over the reigns.
Which do you think is more probable, LIQR not paying for arbitration on time because they could not afford the $10,000 fee (FYI LIQR CEO takes his Chauffeur driven Bentley Twin Turbo to work most days) or the reasoning I used above.
Do your DD. LIQR is probably licking their chops at Reingold progress as we speak, and any other good news for DKAM, because in the end it will all be theirs.
Just my humble opinion. Good luck though!
If Mexcor was doing great, DKAM would constantly be putting out PR's about their successes penetrating new markets.
Any royalties Mexcor contributes to the bottom line will be gravy. I don't have time this morning to research the deal again, but isn't there a $50,000 monthly cap in place?
As for the Lions Brewery running out of manufacturing capacity, pleeeaaassseee. First of all, if they were so close to capacity and then Rheingold comes along and during the ramp-up maxes out Lions, wouldn't that be two companies making incredibly boneheaded moves in tandem? Blame DKAM all you want for bad decisions, but if Lions was so successful that when they were so close to max capacity before taking on Rheingold, you're saying smart people who built a business to near max capacity made a hugely stupid business decision by taking on Rheingold without having their own expansion plans in place. Lions's made all the right moves until that point to build their business and then ... boom. I don't think so.
I think what is more logical is that Rheingold's volume is increasing, hence the confidence by DKAM and Lions to introduce the more expensive bottles to use for packaging and shipping. Increased brewing volume probably means DKAM may (or already has) reached a breakpoint whereby brewing costs are reduced by a degree.
Furthering that thought is the pending introduction of kegs (on top of the already introduced bottles) for the coming warm weather season. Bars prefer both of them. The preference to serve "on tap" or a bottle Vs a can is measurable in commercial establishments. In kegs they buy more volume at a lower price and they require less behind the bar cooling space, and they are over all easier to handle.
Both moves are a very positive signs of the growing volume, and the commitment by DKAM and Lions.
If dilution is happening because Lions is accepting stock in place of cash, that's fine with me. That means the cash coming in from wholesalers is free and clear for DKAM to use for marketing.
PK doesn't need that cash since 30,000,000 shares were set aside for employees. We may be seeing all of those shares (including Lions' shares), but at this moment in time, it doesn't matter and we cannot be certain. The financials coming out in a few weeks will clear some of that up.
"Longs" all have to accept what may have to happen, Rheingold's revenues have to grow if we are ever going to see this company reach profitability.
At the moment, those new shares are probably being purchased by "traders" watching the revenues and readying themselves to try to take advantage of the situation. There just aren't enough existing "Longs" to buy up all those shares.
If new "Longs" are buying the shares, I can only hope the ranks of new shareholders is swelling from retail customers buying Rheingold, and the employees and owners at Lions Brewery, plus the growing list of distributorships and retail locations who see more of the product flowing through their establishments. In all of these cases that's like "insider buys". They know something we don't.
I am really not sure how confident I am in the accuracy of the shareholder count listed at: http://www.otcmarkets.com/stock/DKAM/company-info
Presently, there are 660 shareholders as of Aug 13, 2010. We need to watch that to see if it gets updated. A rise in the number of shareholders would be very positive. We won't know who they are, but I would prefer those individuals to be from the "pseudo group of insiders" I mentioned above.
Any who log into this board are encouraged to join the "conversation".
10bagger ... at the time I posted the 5 to 1 buys to sells, there had been 24 trades to that point ... there were 19 buys and 5 sells ... my mistake ... it was 4 to 1.
The day ended with 37 buys and 14 sells ... 51 total transactions today were more than I have seen in a long time.
Kezzek may have been right about the manipulation going on regarding where the bid and ask got stuck.
10 bagger Share Tuesday, March 01, 2011 3:02:34 PM
Re: kezzek post# 57276 Post # of 57281
Acording to the link you have posted there are 70% more sellers than buyers and not 5 to 1 in favor of the buyers.. But today's volume is quite impressive at 5,822,000 on a down day for the market.. $23,288.00 or equal to 67 shares of AAPL.. hank
It is pretty narrow ... I don't really understand why the bids aren't in the 3's yet? Lot's of volume though. And some 500,000 sells. I am glad to see some very large block buys too.
The action has to be generated on revenue news/hopes.
kezzek Share Tuesday, March 01, 2011 2:45:07 PM
Re: FUNMAN818 post# 57270 Post # of 57278
Look at the spread and price. Someone is dumping IMHO.
5 to 1, Buyers Vs Sellers, I don't think I ever saw a day at DKAM like it.
With every beer consumed, the signs of increasing revenues look prettier
Someone else sees it too. I noticed today's buying and selling is close to being evenly split so far.
This was the right company doing the right things through private investment for a long time.
Unfortunately they either needed more government support to build out faster to scale up in size, or to prop up end user demand they needed a government stimulus to make choosing their product more economically competitive.
I am disappointed because I have watched this company since 2009, rooting for it to take off, and because I think Geothermal Power is just about the best clean and renewable energy source available to us today and the foreseeable future.
What's likely to happen now is the end result is more likely to be that in order to survive to fight the next fight, common shareholders are going to take it on the chin first. Their equity will be the first to be sacrificed.
Time will tell, but RZTI has been fighting an uphill "cash" battle from the very first day I started following them. There comes a time when "out-of-cash" means "out-of-business".
I hope more private equity can be found, but when companies are in times of need, they are never in the best position to negotiate.
Thanks for saying it.
I don't want to guess at what happened during the arbitration, but I also would not have expected it to take this long if it was cut and dry.
Judges and juries don't take this long. Usually arbitration is chosen because it is less costly to litigate and resolution is swifter.
The arbitration must have turned out to be more complicated than we imagined. Maybe it's the terms of settlement that are taking so long to resolve.
Or maybe it was postponed?
If nothing is released before the 10Q, something about the arbitration should be in it. We should see that before the month's end.
griff100 Share Monday, February 28, 2011 4:40:22 PM
Re: Johnnymangoes post# 57255 Post # of 57257
What rumor? The one you're starting now?
A look at DKAM's SEC filings and the http://www.liquorgroup.com/main.htm website doesn't reveal anything about the arbitration.
If neither company releases news about the outcome, I can only assume it's still pending.
It's Happy Hour here and it turns out to be a very good day for DKAM. It's time for a Rheingold.
diannedawn Share Monday, February 28, 2011 4:09:42 PM
Re: None Post # of 57252
So what's going on with DKAM and LIQR?
are they still waiting on arbitration?
Did we lose the resident every tick poster? :)
I might actually start reading this board again.
I can't believe I just put up my last post and just saw a couple of really big "buys" recorded, almost evening the volume between buys and sells.
I may pop open a Rheingold before Happy Hour.
That cannot be denied. Nor that a very positive PR came out followed by the reliable coincidence of there being a rather long list of high volume "sells" today.
Yet, revenues get me pumped, and it doesn't change that the news was good. I wonder how large the order it was; we won't have a clue to its meaning until June.
kezzek Share Monday, February 28, 2011 3:00:27 PM
Re: FUNMAN818 post# 57246 Post # of 57247
And yet here it sits, struggling to hold 4/10ths of a cent.
Nice seeing Rheingold news picked up by others services.
http://news.tradingcharts.com/futures/3/7/154176573.html
http://www.tradingmarkets.com/news/stock-alert/dkam_dkamd_drinks-americas-rheingold-beer-continues-expansion-now-to-be-distributed-in-texas-1519981.html
http://finance.yahoo.com/news/Drinks-Americas-Rheingold-pz-4177272993.html?x=0&.v=1
http://news.morningstar.com/all/globe-news-wire/214863/drinks-americas-rheingold-beer-continues-expansion-now-to-be-distributed-in-texas.aspx