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Anticipation is building up 4 weeks before ER.....
My wild guess(odds) for this "Dynamo":
55%:
North of $2.5 pps with $500k net income*;
35%:
South of $1.5 pps with $300k net income;
10%:
South of $1.00 pps with $100k net income.
Or
A 25% BIG CHANCE becoming a "margin-able stock**" before the end of the year!!!
Notes:
* 100% wholesome,no "fillers".
** Most stocks that are $3.00 and more pps.
Is the stock "fiscal cliff" ready??
http://video.cnbc.com/gallery/?video=3000121899&play=1
Downside w/over the fiscal cliff:
I believe "Market for the US premium protein makers and participants" would not be impacted as much as the bond market,if the 70% chance fallen into the financial abyss(whirlpool of a $7.7T deduction) becomes a reality!! Vary little if any at all.
Upside w/over the fiscal cliff:
Dollar debases 10% per year,US high-end protein: like beef export, adds 3%(total US supply in lb) more per year,from 10% to 13%,in 2013,or 25%+ increases in dollar term!
Not over the fiscal cliff:
The "wealth effect on equities" should bolsters "high-end protein demand" throughout the world!! a 10% increase per year in the price of premium beef!!
or
The US consumption of beef would likely to continue to drop at the rate of 2 lb(boneless) per year per capita in a for see-able future!! Or for the average Americans: good cuts of beef would becomes a "Holiday-only treat!!".
Unsure,check and double check............
http://www.faqs.org/sec-filings/120730/Accredited-Members-Holding-Corp_8-K/
"....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........"
I believe it is too late for the new owner to do anything,other than bend over,to avoid a prolong and costly court battle,and most likely loosing the case......hope he has had plenty of Vaseline stocked up.......OUUCHHHHHHHHHHH!!
ps-The bait was $10,000....CCCCCHHHHHEEEEEEAP supposely;The "dirty plan" by JW Roth: holding HJOE hostage for up to $5.0 million clams....I wish I'm off on this one.
"The lore of ore" by The Economist
http://www.economist.com/node/21564559
Ask $0.62/147971...................
Not good,someone wants to dump it and get out!!
Private labeling by Heinens through WFCF "Our Own Meats Program"........
http://wherefoodcomesfrom.com/heinens/h_Beef.html
US organic market and players overview........
http://www.cnbc.com/id/49185619?__source=yahoo|headline|quote|text|&par=yahoo
a bit more:
http://www.foodengineeringmag.com/ext/resources/Issues/October2012/Top100/FE-Top-100-Companies.pdf
Also,
Almost forgot to mention what I learned at the IMI Global presentation:
Tom Heinen is listed as a member of the board of IMI Global.
ps-This dynamo just added another set of wings!
Attended LD Micro conference and saw IMI Global's presentation in the early afternoon on Thursday. At the presentation given by the CEO John Saunders,I say there were about 40 participants,and it lasted for about half hour;it then continued with a follow-up Q/A session,attended by about 10 "diehard" participants. Interest shown in the company and at the PR presentation by investors, I say is good and more "newbie seeds" have been planted for the near and medium term.
Another highlight and attention getter: serving of Delmonico dry aged prime steak samples with WFCF label: the participants loved it and IMI Global definitely had the votes of the "stomachs," a brilliant PR move!
ps-This is the first "roadshow," and a great sign that the company started and aggressively "let the words out".
No offense and as anticipated,I believe this stock started to STINK!!
ps- a "JW ROTH" watcher and have no share of HJOE ever!!
I only look at companies with good fundamental and MIS-PRICED at below $5.0 million dollars MC. This company is way too pricey even without JW Roth.
From 13D:
http://www.sec.gov/Archives/edgar/data/1388132/000107997312000587/hjoe_scd13d.htm
There is another curve ball thrown at you(investors)
(c) The principal business of Daimiel Global Resources is that of a private investment organization. Shawn Adamson is General Manager of Daimiel Global Resources.
(d) During the last five years, 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 $1,000 fine.
Bottom line:
Shares own by these 2 shady parties may exceed 60+ million shares!! Again,have plenty of Vaseline ready......best of luck to you all and you well need it.
ps-Just attended LD Micro Conference and had another confirmation by JP(head of a boutique investment firm in Denver) that JW Roth "left a trail of bodies/tears everywhere he went....."
If true,the proper question: when will he dumped the stock and drove down the stock BIG TIME for everyone else?? Again,I would not touch any stock tainted with this slicker;he is too "Wall Street" for me to sleep well at night. As long he owns shares,it ain't over until he had your &^^%%$.........be Vaseline ready!!
A bit more background on the Canadian "Labrador Trough": "death trap" or "gold mine" for the bold iron ore investors??
http://www.theprovince.com/business/Iron+price+plummet+brings+trouble+Labrador+Trough/7325269/story.html
Again,the trillion dollar wager: cyclical or structural????------$$$$$$?????+++++$$$$$$$!!!!!
Ooooops........
Not:
"Dilution: 33% increase of shares!!"
Corrected:
"Dilution: 50% increase of shares!!"
or
67 million to 102 million shares!!
Cost of survival......
Dilution: 33% increase of shares!!
http://finance.yahoo.com/news/lim-announces-c-30-million-193500753.html
ps-A great buy below $1.00!!
How to weather through the current "price slump" by LIM.TO:
-- Focus on cost reduction and cash management measures;
-- All capital expenditure programs relating to the Silver Yards processing
plant and development of the Houston deposits have been deferred;
-- The 2012 exploration program has been reduced to $5 million from the original budget of $8.6 million.
This small iron ore miner's MC is down 92% from its all-time-high,when the iron ore price was north of $150,and now is it a "next-boom-in-10 years" pure iron ore play without "self-inflicted-black swan events," and hiding behind Form 15-12g?? 75% chance likely.
ps-I smell blood everywhere behind bursting of the "iron ore bubble of 2012".
As long as Tim and his teammate(Glen) stay focused and kept fine tuning the core business,the company has a rather good niche business,that can be stable(15%+ organic growth) and profitable(10%+ net),assuming they don't get easily distracted and drove it into a ditch! What I liked about the change if there ever was one: Tim is finally settled down and stopped looking for easy(development-stage-for-ever) capital and started running the company as he should have,as a seasoned CEO with CFO sense!! I knew the company was on the right course and a turn around will come eventually;I was surprised and flabbergasted,when his team pulled it off with a profit last Q;the table has turned and no more "begging for $$$$," wild goose chase and big distraction in the past!! For now,the stock is base building and it is to anybody's guess when the next breakout would be!
ps- I am a shareholder since late 2011.Biased.I see a breakout next ER,50% chance likely.
"How NASCAR Is Broadening the Fan Base,".....
http://www.bloomberg.com/video/nascar-broadening-the-base-FU8Sl6uAS5aqN47NO1Ievg.html
Riding behind the tail of the tiger: DJRT: south of the border as part of HUB-II(Las Vegas) ecosystem within 3-4 years, dinaros for everyone!!?? 66% chance likely.
A glimpse of future demand of sustainable beef......
http://www.bloomberg.com/news/2012-09-25/mcdonald-s-wants-to-know-whether-its-beef-is-sustainable.html
ps-IMI Global's "Verified Green," the next revenue stream??
New customer under WhereFoodComesFrom
http://wherefoodcomesfrom.com/newmexicobeef/
"benchmark 62-percent grade iron ore to $103.70 per tonne on Monday....Iron ore stockpiles at major Chinese ports stood at 97.25 million tonnes at the end of last week, up half a percent from the week before, equivalent to about 1-1/2 months of China's imports."
http://www.brecorder.com/markets/commodities/asia/81557-iron-ore-hit-by-weak-chinese-demand-poor-steel-outlook-.html
"China restocking seen limited....$106.40/T on Friday"
http://www.reuters.com/article/2012/09/24/markets-ironore-idUSL4E8KO13R20120924
Again,the trillion dollar bet: structural or cyclical??
What does this all mean for iron-ore diehard and those who still have few pennies to bet: time for contrarian buy now on well-managed Jr. companies!!
Labrador Iron Mine Holding(LIM.TO),stock with a 52 week-low today,a wounded Canadian Jr. miner,selling at 15% of its high,a multi-baggger in 2-3 years??
"Be greedy when others are fearful..." W. Buffet
"as tough times spread from Australia to Indonesia..."
http://www.reuters.com/article/2012/09/21/us-asia-mining-idUSBRE88K05M20120921
ps-"Cash is King!!" Time to invest in non-iron Jr. miners???
7 weeks before the next ER,the stock broke an all-time-new-high!!
I believe the stock is on its way to the $100.00 million MC!! When you have a great product line,NO BS and a FAIR management,it just that simple for you,the investor,to make $$$$$$$$$$$$$$$$$!! For the newbies, a multi-bagger is in the making,75% chance likely within 2-3 years!!
Season for HouseWrap demand is about to be over,as housing industry is closing up shop for 2012. Even if Joe had the machine going,there is another year delay and expenses,so for the shareholders....you have the next 9 months to pick on your nose or stare at the ceiling or catch a fly!!
"Houston,we have a problem.........."
http://www.chinadaily.com.cn/business/2012-09/20/content_15770817.htm
ps- Odds of write-off is 75% likely within 2-3Q for Gene's BIG PROJECT in Indonesia: combination of headwinds and self-inflicted wounds!
About time and way over due...........
http://www.racingadventure.com/
An upgraded website.....another step forward in 2012!!! WWWOOOWWWWWW...after 10 years of going around circles and chased its own tail....finally now for every 2 steps forward,1 step or may be 1/2 step side-way.....this one definitely is back from the abyss!
ps- I'm a scavenger buyer or "junk yard stock" investor,low of the lows,feeding of the "almost dead" is my game!
Rehypothecated steel and the start of unraveling of steel bubble on the other side of the pond(Pacific)....
"...China's demand has faltered with the slowing economy, pushing steel prices to a three-year low and making it tough for mills and traders to keep up with payments on the $400 billion of debt they racked up during years of double-digit growth....."
http://www.zerohedge.com/news/how-chinas-rehypothecated-ghost-steel-just-vaporized-and-what-means-world-economy
ps-Latest Chinese stimulus: a cover to fund the "steel casino" mess???
Why a $120 price floor is super critical and a must,at least from the eyes of an independent Jr. iron miner:
http://finance.yahoo.com/news/labrador-iron-mines-holds-annual-225628347.html
"At the end of August, the Company was on track to meet its 2012 sales target of 2 million tonnes of iron ore at a cash operating cost of $60 - $65 per tonne unloaded at the Port..."
"The sale of LIM iron ore in August was made under provisional pricing arrangements and subject to final settlement, which occurs approximately one month after the ship has departed the Port. The aggregate realized price of the three shipments sold under these arrangements, consistent with forward swap pricing for September, is expected to average about $30 - $40 per tonne less than the selling price of $122 per tonne on a CFR China basis achieved in Q1. The Company will continue to report proceeds from its aggregate sales of iron ore on a quarterly basis...."
Was
$122-$35-$62.5-$15(shipping/handling/commission)=$9.5 profit per MT
Now
$96(current spot price)-$35-$62.5-$15=-$16.5 loss per MT
Last 8 weeks: Risk level of iron ore industry has more than tripled for the same return...........this Jr. miner saw a MC drop of 80% since its high,so was aysi too!!
ps-For every month price below $120 MT,the chance of write-off of Indonesia project increases!!As of this month:75% chance likely.
I do not not think he is involved,as least not since middle of 2011. My not so fat fingers,just kept on hitting the buy orders 2 weeks ago,as a result I had to file a 13g yesterday. I ready like the company using my "2008 INMG template",with/without beer goggle...return/risk is so attractive:I'm in LOVE.........you have a great weekend!!!
"Fortescue to restructure debt; shares on trading halt...."
http://articles.chicagotribune.com/2012-09-14/business/sns-rt-us-fortescue-debtbre88d06u-20120913_1_iron-ore-andrew-twiggy-forrest-australia-s-fortescue
I got a sick and bad feeling for their shareholders and suppliers.
I got a BAD BAD BAD feeling about this one. The use of derivative most likely be the straw that breaks the camel's back,66% chance likely within 4Q-6Q. I'm happy you got out with a PROFIT and smell like roses!!
ps- Officially I'm a Sugar Daddy/Pimp??? of djrt.
Bad Signs and bad fundamentals..................
Share increase of 7% to 31,015,904 from 28,985,774;
Loss on change in fair value of derivative liabilities -$2,914,549;
................
................
Business model is definitely flawed and the management needs a wholesale change!! Until then,watch and "no touching".
ER is out........
http://www.sec.gov/Archives/edgar/data/1190370/000114420412051379/v323336_10q.htm
Revenue $7K($1K from House Wrap)
Net Loss $97K
Loss per share $0.005
Big promise stuck in reverse
" We are currently debugging the testing machine. We are also in advanced discussions with a large nationwide retailer to sell our House Wrap...."
ps- Joe is not an engineer and he is over his head with this BIG PROJECT!!
Cap X by the industry is based on a price floor of $120.00-$130.00 MT......so is the ability servicing its debt and A/P....without a strong balance sheet and returning back to the price floor ASAP: being taken over or being fried seems the likely outcome!!
ps- Million dollars loss question: RISK on the $5 million A/R;what % is likely late or gone bad as the industry was been squeezed?? Biggest challenge: burn-rate was about $1.5 million per Q.....or about $5 million total within the next 3 quarters!! OOOOUUUUCCCHHHHHHHHH... WRITE-OFF OF INDONESIA,75% chance likely!!!
Besides wfcf(formerly inmg),you should research hjoe(formerly accm)from 2006-prior to the merger...try to get a feel of this guy and how he operated in the past so you know what to anticipate.....do not be lazy:it just that simple to manage your RISK!!
Edgar:
http://www.sec.gov/cgi-bin/browse-edgar?company=Accredited+Members+Holding+Corp&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
ps-Killer of a ten-bagger: selfish director/management.
As long as J.W. Roth is actively involved,I watch and "no touching". Best luck to you all and only time would tell!!
ps-Baby oil would do for now.
Numbers,numbers,and numbers............
"China's iron ore imports are expected to have dropped to around 50 million tonnes in August.......expect a bigger drop to about 30 million tonnes from September onwards....."
http://www.steelguru.com/raw_material_news/China_coal_and_iron_imports_set_to_post_drop_for_3rd_month/282686.html
ps- Trillion dollar bet: cyclical or structural;Cyclical:China demand backs to above 70 million MT per month SOOOOOOOON; or Structural: below 35 million MT per month,for years.......and with price hovering between $75 to $85 per MT ...... OOOOUUUUUUCCCCCHHHHHH ...... and BIG demand for Vaseline is definitely in order for everyone in the industry,100% chance likely!!!!
Spot price: $86.70 a tonne on Wednesday
http://www.reuters.com/article/2012/09/06/markets-ironore-idUSL4E8K61BD20120906
Spot price: $US86.90 a tonne on Tuesday;Fortescue: downgraded to negative, from stable.
http://www.theaustralian.com.au/business/mining-energy/pressure-builds-on-fortescue-iron-ore-miners-take-a-4bn-hit/story-e6frg9df-1226465970226
FORTESCUE....succumbed to the severe slide in iron ore prices, laying off about 1000 workers and calling a halt to projects under construction to remain profitable and service debt.
http://www.theaustralian.com.au/business/mining-energy/fortescue-cuts-expansion-and-1000-workers-as-iron-ore-price-tumbles/story-e6frg9df-1226465081011