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How many people do you think there are willing to pay $30 for a case of well water as opposed to $5 for a case of whatever water?
I bet you are gonna tell me there are more customers willing to spend over $100 on bottled water monthly than there are willing to spend $10.
Why stop at bottled water.
GC could sell ...
Artesian water enhanced soups for $15 a can.
Artesian water injected meats for $25 a pound.
Popsicles made with artesian water for $24 a six pack.
If artesian water is good for you, it must be good for your vehicle. How about
50/50 blend antifreeze infused with artesian water for $50 a jug?
This stuff is liquid diamondz!
Yes, Greene Concepts will be worth $1.1bil to $2.2bil in a couple of years selling water products. The reasons for thinking that a tiny little water plant is NC is in anyway comparable to a water selling giant that dominates the industry are?
Nestle North America sold its entire North American operation and over 20 known products for $4.3bil.
https://www.beveragedaily.com/Article/2021/04/07/New-name-new-branding-Nestle-Waters-North-America-is-now-BlueTriton-Brands
Yeah! GC will be worth 1/2 of Nestle in a "couple of years."
If GC was in every single store in NC they wouldn't be able to even remotely keep up with the production requirements just for NC. Nestle has products in most every store in America that sells beverages.
Both Happy Mellow and Stay drinks are only being sold on the BeWaterBeYou.com website for $5 a drink plus tax and shipping.
I seriously doubt that investors will keep propping up these drinks for long, paying somewhere around $7 - $8 (total?) a drink, and they will have to find other suckers to buy them.
Yeah, those review numbers were probably almost all done by investors. Amy McNally used to pop into the INKW Elite Telegram group and encourage the peeps to buy the water, which was strange coming from the"VP of Marketing" of a public company. The peeps would then brag about buying anywhere from 2 - 10 cases of water from Amazon and post their many BeWater pics. The plant tour video Amy did showed people boxing up water for shipment. The shipments were basically exclusively sent to investors who bought the water.
Now, the BeWater Amazon buying has basically dried up, as the investor grew tired of overpaying for well water.
Greene Concepts Employs the Company EcomOptimization in Preparation for a Windfall of Sales with Strategic Positioning Within the Amazon.com 300 million customers Marketplace Press Release | 09/15/2020
Was this "Amazon" PR almost 2 years ago?
What have the results been?
Product details
Package Dimensions ? : ? 15.9 x 10.3 x 8.3 inches; 28.95 Pounds
UPC ? : ? 860002939117
ASIN ? : ? B08QF9CB9L
Best Sellers Rank: #41,626 in Grocery & Gourmet Food (See Top 100 in Grocery & Gourmet Food)
#158 in Mineral Drinking Water
Maybe one-day BeWater can be as good as...
Flow Alkaline Spring Water
Product details
Is Discontinued By Manufacturer ? : ? No
Product Dimensions ? : ? 10.5 x 8.75 x 6.75 inches; 14.5 Pounds
Item model number ? : ? 628055429012
UPC ? : ? 691322585421 627843463825 628055429012
Manufacturer ? : ? FLOW WATER
ASIN ? : ? B0735VHDCV
Best Sellers Rank: #2,341 in Grocery & Gourmet Food (See Top 100 in Grocery & Gourmet Food)
#29 in Mineral Drinking Water
I guess going by the GC business model of product advertising, Flow Alkaline Spring water should have at least 3 - 4 car sponsorships in the NASCAR Xfinity series.
So that you know...
There has been zero verification of this claim of it being "the best water in the world."
Lenny used to say that he sold "the best ink in the world" before switching to buying a shuttered water plant that needed repairs before deciding on a product to relieve shareholders of their cash.
Incidentally, Lenny stopped selling the "best ink in the world" because his ink MLM scam had run its course, and he wasn't making any more money.
INKW made $20k last quarter and spent over $500k to do it.
Sound familiar?
Yup, everyone in that entire area could put that well water in jugs and sell them for $10 a gallon to neighboring states. If there is one thing that is extremely rare in NC, it is well water. :/
Liquid diamondz! :)
Next Lenny is going to get into the canned oxygen business and claim his canned oxygen is the best-canned oxygen in the world.
It went the way of the Florida land deal and selling water in China.
FFS. Telsa didn't start out their life being a broken-down water plant that someone else thought could be turned into cash.
The water plant that Lenny bought was shuttered and needed massive upgrading.
I want you to understand that this plant is small and has extremely limited capacity. The previous owners tried to make it work but ended up going out of business.
You can't just grab any ole business and reopen it and expect it to turn into Telsa. There are 100s of water companies in America that have a market penetration but will never be Tesla. If you want to be Tesla, you must have a company that the entirety of the investment community believes should be assigned a multiplier due to the extreme difficulty of starting that kind of company.
Water companies do not get a multiplier...water is plentiful in most parts of the country.
Ok stock trader. Tell me what a company that lost $480k to sell $19k worth of water in Q1 2022 and has 2.1bil shares outstanding should have as a share price? Now don't include any multipliers because water companies do not get that benefit.
I shall wait for your assessment of a valid share price as an experienced stock trader.
Future deals? There are already 2.1bil shares outstanding.
Are these future deals supposed to extrapolate a share price on 5bil outstanding shares? 6bil? 8bil?
Maybe he will be as big as two gas stations when he does that. :)
Do you know anything about actual stock trading? What happens if Ford added 1 billion shares to their outstanding shares right now? Would the stock price plummet exponentially?
So spending $500k to sell $19k worth of water in Q1 2022 after three years in the water business is an endless rant?
Please be specific as to how the published INKW fins that show exactly what I am specifying are an endless rant.
Lemme recap for you suckers out there.
-INKW is as big as a gas station
-INKW has been posting nonsense PRs for 3 years now
- INKW has said for over 1 year now that they are being audited
- INKW has said that they want to up list to NASDAQ
- INKW has talked about other product lines for years
-INKW will not post a single new image of their water plant
-INKW has previous PRs of gaining markets in China
- INKW has previous PRs about selling on Wal-Mart
- After 3 years Q1 2022 posted fins showing spending $500k to sell $19k worth of water.
All Lenny does is post nonsense PRs about nonsense and then forgot
what the heck he posted the PR about.
What was the purpose of the massive increase in authorized shares? Did Lenny just do it in the off chance that at some point in the future dilution will be needed? Have you seen other Pinksheets companies with their 20bil outstanding shares?
Do you have any grasp of just how comical 2.1bil outstanding shares for a company as big as a gas station is? Do you really want to keep posting your nonsense claiming that 2.1billion outstanding shares for a company that lost $500k to sell $19k worth of water is as legit?
Please keep digging this hole.
I am begging you.
In what fantasy world do you live in where the authorized shares "mean nothing" because they have been at that level "for a while now?"
Pinkhseets CEOs increase the authorized shares for one freaking reason.
DILUTION!
You are going to be diluted during this pump, prepare yourself for it.
The company I picked as a comparison was immaterial. My point was that when a Pinksheets company massively increases the authorized shares, it is for a reason.
The reason is the dilution of shareholders. But, you tell me, what amount of sales would justify a $0.01 price when there are 2.1 billion outstanding shares? Would $1mil in sales justify this? Would the justification hold knowing that the authorized shares were increased for the purpose of dilution?
The authorized shares were moved to 10 billion.
Pinksheets CEOs only make junk moves like this if they intend to
dilute. The dilution will come, it is only a matter of time.
If Amazon was to move its authorized shares to 50 billion tomorrow
investors would take note that their holdings could be massively diluted
and a share price adjustment would preemptively take place.
The water is bottled at a bottling plant that has tons of costs. The only way to meet those costs (as well as turn a profit) is to sell the water in thousands of stores as well as in several distributor networks.
You can't keep the lights on by selling a few hundred cases of water to a few hundred stores. Not to mention, they are losing money with every single case of water that they sell.
THEY HAVE BEEN DOING THIS FOR 3 YEARS NOW!
Three Months Ended April, 30 2022
Sales $19,691
COST OF SALES $36,072
https://www.otcmarkets.com/otcapi/company/financial-report/337502/content
The shareholders quit buying the Water from Amazon... lol
What firm is going to allow traders to short this stock?
"SEC OBTAINS JUDGMENTS AGAINST STOCK DISTRIBUTORS STEPHEN CARNES, LAWRENCE POWALISZ AND THEIR COMPANIES"
Stephen W. Carnes, Lawrence A. Powalisz, and their companies K&L International Enterprises, Inc., Signature Leisure, Inc., and Signature Worldwide Advisors, LLC. The Commission's complaint alleged that the defendants engaged in a scheme to evade the registration provisions of the federal securities laws by selling billions of shares of stock issued by microcap companies to the investing public without adhering to the registration requirements of Section 5 of the Securities Act of 1933. The defendants consented to entry of the Final Judgments without admitting or denying the allegations in the complaint.
https://www.sec.gov/litigation/litreleases/2010/lr21632.htm
Why is this guy being issued 20 Preferred Class B shares that can be converted into 2,000,000,000 common shares?
3/18/2022 New Issuance 20 Preferred
B
$.001 Par Value Lucky Pony
Stephen Carnes
Share
Exchange
Restricted
https://www.otcmarkets.com/otcapi/company/financial-report/337502/content
Ok, this is a company that has issued stock. The stock price is supposed to be close to the intrinsic value of the company behind the stock.
When a Pinksheets company sees a massive increase in stock price without any fundamentals to back up the increase it was probably done from a PR. When the PR states the same nonsense that the company has been touting for years, it makes one wonder why the increase is happening at all. When a PR is released and all of a sudden people start massively posting on message boards, one can extrapolate that it is probably a coordinated effort to increase the share price. This is called a pump. Lenny has done this many times in the past.
Well, people lost millions off of this company during the last "set up," which was nothing more than a paid pump. You might make some money this time around, but you have to understand that your cheerleading of this turkey will assist Lenny in extracting more money from suckers.
You tell me...
The company loses money with every sale and has increased the outstanding shares to 2.1 billion along with the authorized going to 10 billion. They are objectively worse off than they were last year at this time. Yet, the price is pumping up up up. Why is this happening?
Three Months Ended April, 30 Nine Months Ended April, 30
2022 2021
$19,691 $149,959
COST OF SALES 36,072 139,051
GROSS MARGIN (16,381)
https://www.otcmarkets.com/otcapi/company/financial-report/337502/content
I legit can't believe that Lenny is paying people to pump this stock once again. They have been playing this water game for over 3 years now and there is still nothing to show for it.
Look at this pic below they posted on Twitter. They positioned a few cases of water at a BBQ joint next to a cooler of cold drinks that people would actually purchase with their meals. Has anyone ever seen cases of warm water for sale at a BBQ joint? Are you supposed to take them home and chill them and then drink them with your BBQ? Has anyone ever gone to a BBQ joint and purchased a case of warm water for $30?
https://twitter.com/GreeneConcepts/status/1542965090219163648/photo/1
Companies of this size do not give themselves the ability to dilute shareholders with more than the entirety of all outstanding shares of all companies on Nasdaq.
Fully converted 1000 B shares equals 100,000,000,000 shares.
Yes, that is 100 billion shares.
Why on earth would a company this small even think about this type of nonsense? Because Lenny isn't a businessman, he keeps selling shares to suckers to enrich himself and his friends.
These 60 outstanding class B shares can be converted into 100,000,000 common shares each.
Preferred B Shares
Par Value: .0001
Shares Authorized 1,000
Shares Outstanding 60
Shares in the Public Float 0
Beneficial Shareholders 3
Total Shareholders of Record 3
These images of the plant were posted on StockTwits in October of last year.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166407141
The previous owners didn't refer to the water as artisian and sold it at regular water prices. The new owners refer to the water as artisian. They are using the same wells as the previous owners.
I understand that people are simply trying to make money with Inkway USA. However, I am pointing out that this company is so diluted that making money from actual company fundamentals is impossible. Tiny water plants are limited by their production lines, and the production line at the Inkway USA water plant is antiquated.
Best Sellers Rank: #47,692 in Grocery & Gourmet Food (See Top 100 in Grocery & Gourmet Food)
#177 in Mineral Drinking Water
https://www.amazon.com/Water-Artesian-Natural-Alkaline-Springs/dp/B08QF9CB9L/ref=sr_1_2?crid=2CTJ8EZAU6ZLJ&keywords=be+water+artisan+water&qid=1662525483&sprefix=be+water+artisan+water+%2Caps%2C198&sr=8-2
There are people reselling food they purchase at grocery stores on Amazon doing better than this "company" is doing.
Imagine a gas station close to you that earns $250k a year selling billions of tiny little pieces of itself to investors. All the while, the owner maintains the right to dilute your investment out of existence. What is 0.0001% of a tiny water plant worth? You do know that the previous plant operators had a decent distributorship of its product and still went out of business?
Both TWOH and INK W did a previous1000 to 1 reverse split.
That was quite the haircut.
Wal-Mart sells a store brand 36 pack of water for under $4.
Any "water problems" nationwide that require the transport of
bottled water for consumption can be sourced from Wal-Mart.
Nobody pays $29 per case of water for consumption when
you can buy one for $4.
Stop smoking your name.
February 7, 2015 Webinar: CEO Lenny "The Ink-Man" Greene trains and inspires
I guess that means Lenny will be switching business models again soon.
SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21632 / August 25, 2010
Securities and Exchange Commission v. K&L International Enterprises, Inc., et al., Case No. 6:09-cv-1638-Orl-31KRS (M.D. Fla.)
SEC OBTAINS JUDGMENTS AGAINST STOCK DISTRIBUTORS STEPHEN CARNES, LAWRENCE POWALISZ AND THEIR COMPANIES
The Securities and Exchange Commission announced today that on May 17 and August 17, the Honorable Gregory A. Presnell of the United States District Court for the Middle District of Florida entered Final Judgments against Stephen W. Carnes, Lawrence A. Powalisz, and their companies K&L International Enterprises, Inc., Signature Leisure, Inc., and Signature Worldwide Advisors, LLC. The Commission's complaint alleged that the defendants engaged in a scheme to evade the registration provisions of the federal securities laws by selling billions of shares of stock issued by microcap companies to the investing public without adhering to the registration requirements of Section 5 of the Securities Act of 1933. The defendants consented to entry of the Final Judgments without admitting or denying the allegations in the complaint.
The Final Judgments permanently enjoin the defendants from violating Sections 5(a) and (c) of the Securities Act, bar them for three years from participating in an offering of penny stock under Section 20(g) of the Securities Act, and require them to pay in installments within one year disgorgement, prejudgment interest, and civil penalties. Carnes agreed to pay disgorgement of $818,261, plus prejudgment interest, of which $716,904 is payable jointly and severally with Worldwide Advisors, and a civil penalty of $100,000. Worldwide Advisors agreed to pay disgorgement of $716,904, plus prejudgment interest, jointly and severally with Carnes, plus a civil penalty of $50,000. Signature Leisure agreed to pay disgorgement of $900,162, plus prejudgment interest, and a civil penalty of $50,000. Powalisz agreed to pay disgorgement of $3,748,563, plus prejudgment interest, jointly and severally with K&L International, and a civil penalty of $150,000. K&L International agreed to pay disgorgement of $6,242,049, plus prejudgment interest, of which $3,748,563 is payable jointly and severally with Powalisz, and a civil penalty of $150,000.
The Commission's case against the two remaining defendants, Jared E. Hochstedler, and his company, Enzyme Environmental Solutions, Inc., is still pending.
For additional information, see Litigation Release Nos. 21231 (September 30, 2009) and 21224 (September 28, 2009)
http://www.sec.gov/litigation/litreleases/2010/lr21632.htm
Search Stephen Carnes
https://sec.report/otc/financial-report/266427
Lenny switched from selling printer ink (I N K W is Inkway USA) to selling water about three years ago. However, the ticker remained the same. So this "startup" you refer to is many years old and has changed business models.
You should contact Lenny directly for your purchases.
He can probably cut you a deal on the shares and ship you a couple of cases of unsold printer ink as a bonus. You could then sell the printer ink to your friends and relatives and make millions. (previous business model for I N K W)