Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Especially Lenny.
Dividends & Splits
SPLIT DATE SPLIT TYPE SPLIT RATIO REC DATE PAY DATE
10/13/2015 Reverse 1:1000 — 10/13/2015
shs decreased by 1 for 1000 split
08/01/2012 Reverse 1:100 — —
11/15/2007 Reverse 1:2000 — —
08/16/2005 Forward 5:1 08/10/2005 08/15/2005
04/01/2005 Forward 20:1 03/15/2005 03/31/2005
03/03/2004 Reverse 1:10 — 03/03/2004
https://www.otcmarkets.com/stock/INKW/security
Camping World uses hundreds of vendors and companies to make their stores happen. Can every single one of those companies make the same claim?
How do you subdivide a company of this size billions of times?
How can owning 0.001% of a company earning "thousands" a quarter be quantified?
What multiplier would you attach to a water company during this "startup" phase?
Oh, it is 100% a scam designed to enrich Lenny and his friends.
The entirety of the company consists of a small water plant that was shuttered for
several years and needed massive repairs. Lenny would have you believe that a company of this size requires several billions of shares and different classes of shares to boot.
Imagine the owner of a local gas station attempting to get thousands of investors to share a small percentage of ownership of the gas station with the knowledge that he could dilute your ownership out of existence at the time of his choosing. There are small gas stations and repair shops that have INKW quarterly earnings monthly, and they are not public companies.
I shall make this short, hundreds of companies will attempt to sell water this year... most will fail at it.
Water company sells water!
Similar statements...
Grocery store sells groceries to hundreds of customers.
Gas station sells thousands of gallons of gas.
Clothing store sells 250 shirts during back-to-school sale.
Popular chicken shack sells record number of chickens during lunch rush.
Camping World Provides Order to Begin Shipping Over 10,000 Cases of Be Water to Jackson Mississippi
Press Release | 08/31/2022
Marion, North Carolina, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Greene Concepts, Inc. (OTC Pink: INKW) announced today that the Company has received an order from Camping World to begin shipping over 10,000 cases of BE WATERTM to Jackson, Mississippi to assist with the city’s catastrophic water crisis that has left the entire metropolitan area without access to running water.
The crisis has left Jackson residents without water for basic necessities including such sanitary basics as washing hands or flushing toilets. The city’s water system has been plagued with problems for years and officials have had concerns of a failure for some time prior to the recent implosion and catastrophic failure.
Camping World contacted Greene Concepts to arrange for the immediate pickup and shipment of over 10,000 cases, roughly seven truckloads, of BE WATERTM to Jackson, Mississippi for distribution. The shipments will begin immediately. Camping World has indicated to Greene Concepts that it should prepare for additional subsequent shipments to Jackson following this initial amazing donation.
Lenny Greene, CEO of Greene Concepts, stated, “I am extremely moved by the huge generosity of Camping World to provide the residents of Jackson some immediate relief by contacting us to provide life sustaining drinking water for immediate shipment. Our heartfelt thoughts and prayers go out to the people of Jackson during a crisis that most of us cannot even imagine. The generosity that Camping World has shown in humanitarian relief efforts time and time again goes beyond compare. I encourage everyone on their next visit to Camping World to thank all the associates for being part of such a great caring company.”
Awesome! I guess they would also like us to believe that the water plant is still operational and employees come there daily to fill water bottles.
The new paid pumpers will soon surface.
What is this supposed to mean? Lenny Greene was selling MLM printer ink before he bought a water plant that had been closed for years and filled investor's heads with dreams of making trillions of dollars selling bottled water.
One of my all-time favorites from Lenny.
https://www.newsfilecorp.com/release/78951/Greene-Concepts-Initiates-Actions-to-Increase-Be-Water-Shipments-To-300-Million-Amazon-Customers
They "initiated actions" to sell water on Amazon. I wonder what other actions have been initiated the company could have released a PR on?
Greene Concepts initiates actions to open the water plant doors at 8 am for employees to fill water bottles.
Greene Concepts initiates actions to pay employees on time.
Greene Concepts initiates actions to repair crap at our facility that should have already been fixed.
Greene Concepts initiates actions that will lead to us initiating other actions that
should eventually update shareholders on the originally initiated actions.
Folks, they were filling water bottles with free water and hoping shareholders would buy enough of them to dilute the market as much as possible... nothing more.
All those nonsense PRs stating how INKW was slowly starting to take over world water markets are now down to...
"We are looking for parts so that we can fill water jugs for other people."
Lenny, you have got some nerve.
Nonsense! People will tell you that it is 100% normal for mini-microcap companies to have billions and billions of shares. Hell, Amazon now has billions of shares, and a tiny water plant in NC will soon be the next Amazon, so billions of shares are necessary.
Remember that they "purchased" a defunct water plant with an antiquated production line and then touted "water" as the next great thing. All one has to do is look at their local convenience store and realize there isn't a shortage of companies trying to sell bottled water. So, why would a Pinksheets CEO buy a shuttered water plant and rebrand themselves from selling MLM ink? Simple. Find another way to fool easily fooled investors and relieve them of their money.
I reiterate. The previous business model that Lenny Greene operated was selling MLM printer ink that he lied about being produced in America. He even kept the same INKW ticker symbol.
Lenny Greene will rebrand once again very soon... do not fall for his crap again.
The plant was old, and the production line was antiquated. They could have paid 500 convenience stores to carry BeWater and have given them free products to display.
Lenny never cared about running a successful company; he only cared about once again cashing out the equity of his shareholders. Unfortunately, the cycle will soon continue as he turns to international weapons systems consulting (under the INKW ticker), and people again fall for his nonsense.
They could have hired a former general manager of a local Taco Bell and had more success. The answer is quite simple... they never actually intended to do right by their shareholders and try and build a successful company.. ole Lenny wanted to get more Greene to wipe his @ss with and didn't give a cr@p about his shareholders.
This company messed up selling free water from wells.
Lenny, go ahead and do the R/S and start the international talent acquisition consortium ITAC (under the INKW ticker) that you know you are going to do.
I am not seeing any news anywhere.
However, there is a "stock promotion" tag on their OTC Markets link now.
https://www.otcmarkets.com/stock/CVST/quote#trade-data
Hope something is up because I have a few of these puppies. :)
Nonsense! The only way a company can truly grow is to sell free water at a loss continuously.
Many true believers on this site and StockTwits will tell you the same thing and view this insanely crappy quarter as a positive.
:/
A little triple zero will make you a Greene stock-holding hero.
Inkway USA Greene River runs through scam crossing.
Exactly. Greene Concepts has no intention of acting as a legitimate water bottling company. They are now a couple of years old and expect shareholders to be impressed with minuscule amounts of water sales when these sales should be occurring daily.
Imagine they were selling products in 25% of the stores in the northern part of South Carolina. How many "three truckloads" PRs would they do weekly to keep those stores stocked with water?
Imagine if other small businesses (public or private) bragging about having daily sales...
- Flower shop sells flowers
- Mechanic shop repairs cars
- Grocery store sells groceries
- Vape shop sells vape products
" Water bottling company receives a purchase order from nebulous Florida distributing company, without a website, that could eventually lead to the sale of three truckloads of water at a loss."
- Fixed!
Should water bottling companies brag about selling small amounts of bottled water? If they aren't selling bottled water, you could hardly call them a water bottling company.
The understandings of finances fulfill the potential of this unabated security.
Didn't the Gorillaz have a song called "Da Triple Zeros?"
It looks like INKW is taking that song to heart.
Maybe Lenny should stop dumping shares before the R/S?
Just a thought.
5-Year Forecast *
?6.723 USD
They aren't even remotely filling enough orders to even think about using more than one well for order fulfillment. Lenny wasting electricity on 7 wells when one would suffice would be 100% peak Lenny.
Lenny the flim flam artist is probably filling the bottles with tap water from his garden hose.
The high cost was supposed to be based on the water being "artesian" but GC provided no information as to how the water is "artesian" if the previous owner didn't claim it was and the same equipment is being used.
If the water isn't "artesian" it is simply well water and shouldn't cost more than the Costco water.
This turkey is never going to trot to $0.15 again.
The CEO is stuffing his shareholders with a dilution casserole.
Excellent retort. :)
No.
Abandoned water plants that have been repurposed to sell shares to gullible "Greene" investors should not go to $300mil +++ market caps because the CEO knows how to release "forward looking" PRs that hide behind safe harbor statements.
Plus the following reasons...
- Lenny has upped the authorized common shares to 10bil.
- Lenny has upped the preferred shares to 20mil ( convertible to 1000 common each)
- Lenny has created a laughable new class of shares that can be converted into 100mil common shares each. I mean seriously? This crap only exists in Pinksheets world.
- There are so many bag holders that bought in the $0.04 to $0.12 range that are still holding and will dump the first chance they get.
- There is no doubt a R/S is in the works. He has done it before.
The price increase wasn't based on the intrinsic value of INKW underlying company assets it possesses. When this kind of increase happens, the price generally falls back down to intrinsic value.
The price increase was from people, such as yourself, constantly pumping up the price and collecting money from Lenny for doing so.
Weed, is this your advice, as a financial professional, that someone should buy shares in a company (at current prices) that has released filings to the SEC that state they are going to further dilute shareholders after the 800mil shares are sold at $0.0075?
Asking for a friend. :)
Yeah, the guy had posted on his Twitter account that he might not be able to finish the season due to not having a sponsor. I imagine he came pretty darn cheap.
What? Lenny came up with a scheme to sell 1000 Series B shares that can be converted into 100,000,000,000 common shares? The Greene clown show continues.
A broken-down water plant divided 100,000,000,000 times amongst the shareholders...LOL!!!
Legitimate two-year-old water bottling companies don't brag about selling three truckloads of water to a nebulous Florida water distribution company created in 2021 on Twitter.
It has been months since the original H20 Artisian PR was released. GC should be selling three truckloads of water every couple of hours.
The pop you are referring to will probably happen after Lenny finally stops selling shares for $0.0075 and before the R/S. I say this because there is no guarantee that anyone will ever trust a company again after a giant R/S occurs. However, Lenny has done it in the past and will most certainly do it again.
The company has one asset, and that asset has bascially been abandoned.
I guess this could be considered a "foreshock," but generally
companies that attempted to make a product and failed at it
go out of business.
Negative! The real money is in BeWater futures purchased with Bitcoin NFT water derivatives. How much more "liquid" could your investment be?
GC could have attempted to do everything correctly and still would have failed miserably due to incompetent upper management.
Nobody buys a tiny old A@@ water plant and then attempts to "corner a market" in China without even a semblance of a market share in America.
The only thing green about this company is the algae growth in that that rusted out thing they call a holding tank.