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You don't want to mess around with law.....
"What about the applied food science lawsuit that they lost why is no one talking about it. I think it is what is hold the stock back, they may be all done." Post #485,Bblaw17
If I had the stock,I would of wet my pants with his "they may be all done."
Detoxification properties 101 and more........
Calcium D-Glucrate:
"Calcium D-Glucarate holds effective detoxification properties. Calcium D-Glucarate optimizes the body’s ability to eliminate toxins and other adverse substances...."
http://www.appliedfoods.com/products/calcium-d-glucrate/
http://www.appliedfoods.com/our-team/
http://www.gtoxnow.com/
"Applied Food Sciences, Inc. holds several patents for the use of Calcium D-Glucarate."
Patents:7662863
http://www.google.com/patents/US20040248818
http://patft.uspto.gov/netacgi/nph-Parser?Sect2=PTO1&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=1&f=G&l=50&d=PALL&RefSrch=yes&Query=PN/7662863
PLAINTIFF’S ORIGINAL COMPLAINT FOR PATENT INFRINGEMENT:
http://www.scribd.com/fullscreen/62523203?access_key=key-1v4swmyfugmnzmgusw7l
FILING DATE WAS Wednesday, August 17, 2011
http://www.rfcexpress.com/lawsuits/patent-lawsuits/texas-eastern-district-court/79736/applied-food-sciences-inc-v-/summary/
"Applied Food Sciences, Inc. brought the underlying lawsuit, case 1:11-cv-00391, in the United States District Court for the Eastern District of Texas against the former marketer of Hangover Joe's Get Up & Goâ„¢ hangover recovery shot, stating they were allegedly infringing its patent for the use of glucarate and its derivatives such as glucuronolactone, a popular ingredient in energy drinks, for the reduction of negative symptoms associated with alcohol ingestion. U.S. Patent No. 7,662,863...."
January 23, 2013, Austin, TX (PRWEB)
"Applied Food Sciences Successfully Concludes Another Patent Infringement Case(against HJOE)...."
http://www.prweb.com/releases/2013/1/prweb10332571.htm
Previous case:
http://www.boliven.com/legal_proceeding/6:07-cv-00359-WSS?q=
ps-Can anyone tell me where was the 8k filing/disclosure for hjoe/accm investors in 2012? I may be clueless and dumb,not finding it.Help!!
Dear Lux..............
You see no downside price risk with HJOE? No more dilution risk with HJOE? How about cash flow risk in 2Q/3Q,when out of $ again? Or the biggest risk: another quarterly loss above 250K?.......Can your believes improve the fundamentals,or it just sounds good,a temporary fix like a copied-infringement-drink?
ps- Reality check: next Q and soon!
Pumpers: ball is in your court..........
Be interesting to see how pumpers spin this one:
So far,
1 Old news;
2 .......
3 .......
4 .......
Vaseline and cheap:
http://www.walmart.com/ip/10294089?wmlspartner=wlpa&adid=22222222227000000000&wl0=&wl1=g&wl2=&wl3=21486607510&wl4=&wl5=pla&veh=sem
ps- JW and company,tainted management(criminal record),tainted product(patent infringement),"honor among thieves by the pumpers,"......;One thing for sure:PLOT THICKENS and may not be good for your wallet!
Reality vs perception....
This is real:
4th Q 2012
revenue $208,354,net income($281,521)
vs
4th Q 2011
revenue $285,018,net income $32,405
and
The company loss almost $500k for the calendar year 2012 vs profit in 2011.
I guess the carrot again is the house wrap,what drove up the stock price,perception over reality again but wearing thin??? Will the story gets bigger with more hot air??? I believe more is coming.
PS-definition of hot air: sounds grand but bottom line goes the other way!
From a bottom feeder awaits calamity.........one should be happy any times price is above $0.10 PPS.The next judgement day is 3/29/2013......I am here waiting for JW GRAND EXIT and frenzy that follows!
Black Swan: Greed and No Shame..............
over contract law,agreement,corporate governance,fiduciary duty,........
Gene and government of Mongolia have in common: absolute power corrupts absolutely and screw the investors!
http://www.bloomberg.com/news/2013-01-30/rio-said-to-consider-halt-at-biggest-mongolia-copper-mine.html
ps-It was Indonesia,now Mongolia,and spreading into South Africa....and big miners are loosing control of their stakes in oversea operations!And I got a sick feeling about the fate of aysi.
I'm loaded with more calls,mostly OTM and ATM at $6.00 strike price,May and August.This filing has loosened my risk headwind a bit:
http://www.sec.gov/Archives/edgar/data/30697/000151941813000010/horizonthirteengwenth.txt
ps- Use money you can afford to loose and roll the dice.
Top-line topping $800K..........
Or back to Papa again,with more negative discussions,as the stock goes below $0.10!!
Japan Plans to Relax Restrictions on U.S. Beef Imports on Feb. 1
http://www.bloomberg.com/news/2013-01-22/japan-plans-to-relax-restrictions-on-u-s-beef-imports-on-feb-1.html?cmpid=yhoo
ps-Part of cost saving as Japan go broke??
It ain't over until the fat lady sings(JW this case),or until the $$$ is replaced/stolen with debt/payable.
Reading the fine print........
"..The credit facility provided for an initial line of credit of $425,000 and is to be used only as permitted under the specified use of proceeds..."
Borrowing cost beyond $425K is NOT FREE and plenty of strings attached,mostly at your expense as an investor,and I would not be surprised the invisible hand of JW is all over the credit facility.
ps- JW=sleazy investment banker= trail of blood and tears for investors!
Not bad seeing a 15%+ revenue growth.I am still waiting for eps growth rate hitting 25%-40%.......next Q?
"at least to .16, everyone loves little bottles with funny pictures..."
But at
40 million shares?2Q ago.
80 million shares?1Q ago.
120 million shares?Now.
250 million shares?End of 2013.
Remember:lawyers(assuming with no criminal records) are sleazy bags and most likely would not have changed colors under the banner of HJOE,regarless how anyone loves the little bottles with funny pictures.
ps- Caution: love may put little head in charge and detrimental to your wallet.
Emil has done what he had said,taking a bit longer,but a turn around is definitely happening!!The next comeback kid,looking at 5-year chart,back to $20 soon?
My call options,out-of-money, went worthless in 2012.
My call options,in-the-money and $6 strike,should do better in 2013,33% chance for 3 baggers!
Go wendy's and my truck load of calls!
JW: trail of financial tears!
What I posted on 12/28/2012:
"About now the company is........
Out of cash completely;
Payable of $1.0 million;
No more credits;
No money to pay.....;
No money to pay.....;
............
BROKE.Period."
$425K is nothing.Gone.Again,the company is cash strapped and broke. The cash crisis is continuing and more infusion of cash is needed,as more dilution shares are issued: another chance for JW to extort money from the naive management,as he is brokering the deal,75% chance likely.
ps-What happens if the world did not go as the pumpers have claimed? Your wallet will ended up smaller,99% chance likely.
Again I just follow and predict based on the past,and I have no shares and no skin in the game. You should call the company and ask the management,as a concerned and loyal investor: is JW a passive/active/pseudo-management to HJOE? And dilution for cash: norm or exception for 2013?
You do not cross JW Roth and company: protection money so to speak,or no one would lent you money,not even for less than $0.5 million,unless JW is greased.The stock suppose to go thru the roof,and who cares about shares dilutions,a million here and a million there,right?
ps-JW always leaves a trail of blood,is this one any different?
Another big player in the racing driver adventure domain...
"Michael Culver, chairman of Skip Barber Racing School LLC, says after taking cost-cutting measures to cope with the recent recession the company is profitable again for the fourth consecutive year....."
http://media.bloomberg.com/bb/avfile/Economics/On_Economy/vm16tCFEcCns.mp3
As always,love your unwavering positive optimism!
ps- Expecting AYSI to blow up many many moons ago,I believe the time is now,before the end of 2013 to be exact,regardless of war or no war in the Pacific.
http://tv.globalresearch.ca/2013/01/flying-towards-war-drone-race-signals-escalation-china-japan-standoff
ps- Most investors have not priced in this "black swan" event,not much different than ignoring "selfish management" by AYSI investors back in 2009-2011.Only difference: 15% likely for big miners vs 33% likely against AYSI investors.The number has since increased to 66% chance likely that the "black swan,man-made" will take down AYSI(BK).
Labrador Iron Mines Holdings.........
Prices are back up to $1.36 from the low $0.60,all within a few weeks,will the Jr. miner be a good bet to make money?? Hell,I'm clueless in the short term,but I got a bad feeling 2-3 year out for this baby,as the supply chain became even more controlled and concentrated in the hands of the BIG THREE: Jr. miners are fodders for the BIG,BAD,WOLFS!
ps- What is so sad is "correlation between iron ore price and aysi pps is practically NONE," result of self-inflicted wounds.
Are these the reasons for the price movements??
I think so.
"Dale, Ned and Glenn Jarrett remain active participants in the management of Dale Jarrett Racing Adventure and provide us with invaluable support through their sound business judgment and the many connections and relationships they have developed over the past 60 years of active involvement with the auto racing industry and its sponsors. Together we will see our return to profitability this year and look forward to announcing new developments that will further justify your decision to add Dale Jarrett Racing Adventure to the speculative side of your investment portfolio...."
http://www.racingadventure.com/investor-relations/
ps- Management is definitely in gear for 2013.
About now the company is........
Out of cash completely;
Payable of $1.0 million;
No more credits;
No money to pay.....;
No money to pay.....;
............
BROKE.Period.
Without someone's assistant to raise capital or a major dilution,which drives down pps big time,the company is fighting for its life.....not a pretty sight at present nor the coming 2013.Not good for investors.
Have a great New Year!
ps- You are right on the price call,down to $1.00.
Next stop below $0.44 when.....
Convergence of reality plus rude awakening by investors,and Mr. Market steps in......looking on the bright side: you can still blame the messenger,not the emperor,and continuing the "battered wife syndrome"...I rest my case.
ps- Next next step: pay the piper $$$$$$$$ and .................
A $0.50 value trap before its demise.............
At the end of 4Q 2012
Cash $470,287
Overdraft -$530,953
=========
Reconciliation -$ 60,666
with stinkers like
On October 26, 2012 the Company announced that the Board had decided it was not prudent for the Company to continue funding the construction of the Indonesian facility .......
Remark: At $1.0 million burn rate/Q,1 more Q cash/credit left.
Royalty Agreements
Royalty expense was approximately $591,000 and $424,000 for the years ended September 30, 2012 and 2011, respectively...At September 30, 2012 and 2011, approximately $54,000 and $129,000 respectively, was payable under this agreement.....
Remark: Gene's private company got paid first w/little balance left.
Employment Agreements
Approximately $498,316 and $285,000 has been expensed under these agreements in each of the years ended September 30, 2012 and 2011
respectively,......
Remark: Gene got paid but he may jump ship at any time.
Conclusion and speculation:
If I were Gene,I would cheap/squeeze as much $$$$ out of the company,and leave the burning ship before it blows up;Buy it back CHEAP some time in 2013 2nd half,penny on the dollar,e.g. under grandson's name,as a new 3rd party acquirer of troubled asset;and regain my control as the emperor again! Fu*k the investors.
ps-Skimmy by his tribe are not included here for simplicity sake.
What I noticed yesterday......
http://www.racingadventure.com/schedule/
It added Bristol Motor Speedway,TN and Phoenix International Raceway,AZ to their tracks for 2013; or 4 more days,that's about $150K toward the top-line next year.
ps- A "BIG DIME" should not be that difficult,the bigger challenge: Can Tim controls his SG&A around 40% and break even 1Q 2013,the most difficult Q of all?? If yes,we would likely seeing a "BIG QUARTER" some times in 2013!
I believe "BIG DIME" is coming,66% chance likely,next ER around 2/15/2013.
Me too! But I'm keeping it for the long term,as the company improves its fundamental.I'm happy for you,3 baggers in a few months,WOWWWWW........
Not too long ago,when this stock was a "hot rod" to the investors, then.....
The time was 2nd half of 2007,when ER came out for the 3Q,djrt stock tanked from $0.41 down to $0.04,crashed and burned; followed by another Q of bad ER,last nail in the coffin,as investors threw in the towels for good!!
What were they(investors) expecting in terms of EPS?
3Q 2007: $0.005,not -$0.02 actual;
4Q 2007: $0.01,not -$0.03 actual.
WATER UNDER BRIDGE.
Here is where we are today,with EPS
2Q 2012: $0.001;
3Q 2012: $0.004;
4Q 2012: $0.002 estimate.
Plus 3Q sales topped the $1.0 million mark,first ever for the company.
Are investors "gun shy" and still have the shakes?
Based on the pps of $0.065,last traded,I believe so; at this price(close range),even with the shakes,you shouldn't miss it: JUST PULL THE TRIGGER;and it is just that simple to make money or recover what you have lost,66% chance likely.
ps-a "buy-cheap" shareholder.Biased upside.
The company has had 2 consecutive profitable quarters so far and there is a good chance being 3 consecutive profitable quarters soon,before a non-recurring charge due to Vegas closure,if any.I believe this stock is way too CHEAP when there is a 75% chance 4Q net operating income topping $50k;a BIG DIME for this baby is definitely likely,and way past due for this come back kid.
Happy Holidays!!
Need to fill no blanks ....
When MC is $1.0 million or a BIG PENNY stock,and only a few Q away!
Fill in the blanks 101 pleazzz.........
It sucks because( );
or
It is great because( ).
ps- Devil is in the detail,e.g. HJOE is not a geat emerging company because sale is only $400k per Q,with a backbreaking loss of $400k and a bloated cost structure of $1/2 million,and out of money.
If this does not raise flags,I don't know what will........
5. OUT OF THE THIN AIR:
"MC went from $3.6 million to $23.0 million!!! The increase was due to dilution of shares from 36 million shares to 120 million shares!!!.."
6. True cost to the shysters:
"....Buyer would pay $10,000 and ASSUME all liabilities related to the Subsidiaries in exchange for all of the shares in the Subsidiaries owned by the Company. The parties closed the Sale on July 27, 2012........"
7. Implosion within the management:
"NO HONOR among thieves!"
ps-Without JW Roth,the company is stuck in reverse as far as capital raising is concerned!
Risk Avoidance 101 for being a victim of "PUMP and DUMP"........
Avoiding "falling in love:little head syndrome," and not seeing:
1. Sale of $400K and Loss of $400K,is LAUGHABLE;
2. Company is out of cash and NO $ to attend announced/planned capital raising conference;
3. Ran on cash vapor at 3Q,NO MONEY left in 4Q for operation;
4. Shady characters in management:
"Mr. Adamson has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). On July 13, 2008, in Eureka Springs District Court, Carroll County, Arkansas, Mr. Adamson plead guilty to fraudulent use of a credit card and was sentenced to three years supervised probation, 90 days in jail and a $1,000 fine...."
5. OUT OF THE THIN AIR:
"MC went from $3.6 million to $23.0 million!!! The increase was due to dilution of shares from 36 million shares to 120 million shares!!!.."
6. True cost to the shysters:
"....Buyer would pay $10,000 and ASSUME all liabilities related to the Subsidiaries in exchange for all of the shares in the Subsidiaries owned by the Company. The parties closed the Sale on July 27, 2012........"
7. Implosion within the management:
"NO HONOR among thieves!"
.....................
My posting from 10/5/2012,when HJOE price was $0.23:
"Bottom line: Shares own by these 2 shady parties may exceed 60+ million shares!! Again,have plenty of Vaseline ready......best of luck to you all and you well need it."
ps-Don't kill the messenger!Your problem is the MANGEMENT.It just that simple.
Number gap(dire situation) and answers pleazzz........
September 2012:
Sale $400K;
Expense $550K;
Loss $400K;
Payable $700K;
Cash/others $150K;
......
October 2012: balance is 30K:
Where is the money to pay?
Charge-backs;
Freight;
......
November 2012: negative cash:
Where is the money to pay?
Rent;
Venders;
Charge-backs;
Freight;
......
December 2012: broke:
Where is the money to pay?
Employees;
Rent;
Venders;
Charge-backs;
Freight;
......
ps-No $$$$ to attend LD Micro Conference to raise capital: A BAD SIGN: BIG DILUTION COMING SOON...FOLLOWED BY BK LIKELY;my definition of a piece of SH*T.
There are no bad companies if the price is cheap enough to compensate for the high failure risk....
HJOE:A good buy at a BIG ONE PENNY or MC< $1.5 million for:
Sale $386K;
Expense $535K;
Loss $393K;
Dilution: 108 million from 61 million shares a year ago;
Legal trouble ahead: 8K:"different priorities for payables..";
Burn rate: $400k per Q;
Cash and a/r: $150K;
...........
or
A piece of sh*t at MC>$4.0 million!
Likely outcome:
1-2Q: Dilution galore;
3-4Q: BK,50%+ chance likely;
6-8Q: BK,90%+ chance likely.
True cost of iron ore........
"Rio revealed its costs for the first time at the investor briefing. Its total cash costs in the first half from the Pilbara were $US24.50 a tonne, increasing to $US47 a tonne by the time the iron ore was landed in China...."
http://www.theaustralian.com.au/business/mining-energy/still-big-money-to-be-made-in-ore/story-e6frg9df-1226527774922
ps- I got a bad feeling on the future of Jr. iron ore miners;BIG THREE most likely have them for lunch when ever the price goes down below $100 a ton!!
History repeats itself,can you learn(risk and reward) from it??.....
Let me tell you a story:
JW Roth had a fallout with John Saunders,CEO of IMI Global(INMG),now known as WhereFoodComesFrom(WFCF),back in 2006/2007.....As JW Roth was getting out,he drove down the stock price 80%,from above $1.00 to below $0.20!
Who cared:
I did.I picked up the shares at below $0.25 from 2008-2011,as the "faint of heart" gotten out,left a trail of broken hearts and shrinking wallets.It's an easy 5 baggers so far!!
We have a similar situation:
As JW Roth liquidates his HJOE stock,MC should be down below $4.00 million;and as the balance weakens,high cost of capital infusion would likely induce dilution of 50%,leaving a bloody trail of broken hearts and shrinking wallets SOON!!
Who cares:
I do.I'm looking for a come back,10% chance likely in 2016/2017,if there ever was one.Again,I'm a scavenger buyer,low of the lows,and smell of blood(yours) turns me on.
Why HJOE is a piece of sh*t thru comparison shopping??
Over priced by a factor of 10 vs DJRT.
DJRT:
MC=$1.5 million;
24 million shares;
$100K profit last Q;
Way better balance sheet;
Good management team;
No pumpers;
..........
ps- There is no bad companies if the price is cheap enough! 1 BIG PENNY will make HJOE a worthwhile bet and I believe it is coming.