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ANVGQ sorry for the mistype earlier. Best of luck to everyone. Guess I'll be waiting a little longer before buying that 4K 80 inch tv after yesterday. :(
By Peg Brickley
Allied Nevada Gold Corp. (ANV, ANV.T) won court approval Wednesday to draw up to $35 million of a bankruptcy loan as it pursues a balance sheet restructuring. Falling prices for gold and silver, too much debt, operational troubles and exposure in the currency markets sent the Reno, Nev., company into chapter 11 bankruptcy Tuesday.
A producer of gold and silver, Allied Nevada has support from major creditors for a bankruptcy emergence scheme that swaps debt for new debt or equity and means payment in full for general unsecured creditors.
Wednesday, Judge Mary Walrath cleared the first piece of a $78 million bankruptcy loan on an interim basis at a hearing in the U.S. Bankruptcy Court in Wilmington, Del. Allied Nevada had less than $5 million in cash available to it when it filed for bankruptcy protection, court papers say. The financing will support operations during Allied Nevada's stay in chapter 11 and after it emerges, company lawyer Ira Dizengoff said.
Shareholders are being offered warrants under the chapter 11 exit plan Allied Nevada has proposed. The Toronto and New York stock exchanges initiated delisting processes in the wake of the company's bankruptcy filing. Allied Nevada estimates in court papers that its assets are worth more than $941 million, while its debts total more than $663 million.
Etrade is letting me purchase under the new ticker AMVGQ but I haven't bought any yet. But it's got the option to buy so I'm taking it that I could.
It's no problem buddy. We all are pissed over what happened yesterday. I still think if they can't afford to get the gold outbid the ground then let us shareholders come over with shovels so we can find our losses haha! There not much you can do at this point either sit by and see what happens or average down and hope to get a bounce like today. It's all a gamble. I sure can't see selling though for a 90% loss.
It was at .10 when I posted that. Wish I had loaded up to get some of my losses back but I wasn't sure what it would do but congrats to those who did get some this morning.
Absolutely many longs here Ghost. And I agree I think 2015 will be the year for Plsb to make a name for itself!
If all you lost was $1,000 you should be extremely happy. Most of us lost way more than that. Looks like .10 is trying to hold but who knows with this what it's going to do. I can't believe 2 months ago I was at break even and didn't sell. I like the idea of heading to Nevada and cashing in on some gold.
After what ANV did today I need PLsB to save me!
So ANV is done? All shares are worthless now?
Any idea on how long we stay halted?
YES ME haha! I always joke around saying I can kill a company just by buying stock in it hyrpowr!! I've been in and out of this one for a couple of years now and I wish I was out of it before today. Geeze!!!
John John John what happened? Any hope for this now?
I think so too!
Thanks for the .16s!!! Now I'm at 60k shares when my goal was 20k haha. In it to win it
MORE NEWS TODAY!!
DENVER, March 4, 2015 /PRNewswire/ -- The Pulse Beverage Corporation ("Pulse") (OTCQB: PLSB), makers of Natural Cabana(TM) Lemonades, Limeades, and Coconut Waters, and PULSE(R) Heart & Body Health functional beverages announced today it has secured a listing with Rutter's Farm Stores for its Cabana(TM) Lemonades and Limeades. Rutter's Farm Stores is a chain of 60 convenience stores/gas stations in Central Pennsylvania. The supply chain will be managed by Core-Mark's Wilkes-Barre, PA distribution center. Core-Mark is one of the largest broad-line, full-service distributors of packaged consumer products to the convenience retail industry in North America, providing distribution and logistics services, as well as marketing programs to more than 20,000 retail locations in 46 states and five Canadian provinces through its 25 distribution centers. It services traditional convenience retailers; grocers; mass merchandisers; drug, liquor and specialty stores; and other stores that carry consumer packaged goods. Paddy Sheya, National Sales Manager and VP of Pulse, said, "The addition of Core-Mark in the North East is a major opportunity for us, they have a distribution system preferred by many buyers; we will be working with them to expedite our brands within its distribution network." About The Pulse Beverage Corporation Pulse Beverage Corporation is an emerging beverage company that offers a line of great tasting, refreshing, low-calorie natural drinks, including Natural Cabana(R) Lemonade and Limeade, Natural Cabana(R) Coconut Water and Pineapple Coconut Water, and PULSE(R) Heart and Body Health functional beverages. Combining all-natural ingredients, essential vitamins and minerals, Pulse's line of beverages provides consumers with high-quality, healthy alternatives at a reasonable price. For more information, please visit: www.pulsebeverage.com or email info@pulsebeverage.com. Follow Pulse Beverage on Twitter at https://twitter.com/drinkpulsebev. Become a Pulse Beverage Facebook Fan at https://www.facebook.com/PulseBeverageCorporation.
Would make for a great birthday gift Pulse! Sure is time for it.
I'm ready for more popping though.
I have which normally means great things for the future of a ticker symbol! LOL
Hey there kittie88! Good to see ya on my friend. And welcome Porwest to PLSB!
someone probably put the wrong ticker symbol in and bought the wrong one. lol This is dead.
Hey there kat! Good to see ya as always! We are getting a little snow down south today. I think I counted 14 flakes which is enough to throw everyone into pandemonium! Haha jk
Takes more than a $1 trade to bring something back to life farmer. 5,000 shares at .0002=$1. Just someone playing around.
What 'pumpers'? You mean those who are long and believe in the company? We are all still here.
Looks down premarket to me. $7.96/$8
Knock knock.. Who's there?? 8.... 8 who?? 8 dollars baby!!!!
Finally passed $7.50 and moving on!
Why can't we cross $7.50? We've bounced off it several times now. I wish we would pass it and hit $8 and hold it.
You have no other choice but to stay because you can't sell shares when there is no buyers. I'll use my 9,000,000 shares for write-offs for a few years. :(
YES!!! $51 IN CASH!! We are rolling boys! Hold on to this rocket cuz it's gonna blow at the bell tomorrow! Brendan, you were right the whole time. I apologize for not believing in GRPR because they have $51 in cash! The possibilities are ENDLESS!
Waiting on great things to come to us longs here at PLSB! Hope everyone had a great weekend and isn't snowed or iced in today. Thanks Dave for the Smashburger update too! Glad to see everyone is still here with us. Best wishes to you all my friends.
A 700 share transaction totaling .70 cents made it appear that I gained $10,000 LMAO! Oh if only it were true!
I'll be honest about Pulse drinks. I don't care for them. LOVE the Cabana Lemonades and haven't been able to get my hands on a Coconut Water yet to try but I still have some Pulse bottles in my frig because I don't really care for the taste. Typical of something that is good for you tho in my experience so I'm glad others like them.
I learn more every day john. Back on dec 30th when the rsi was at 70 I sold 1,500 shares at .31 I had purchased in 2013 at close to $1 to offset some gains for the year. I know I know I'm not a big player like some haha. Anyways, I was waiting the 30 days to rebuy so it didn't wash my sell. Well, I didn't know you can't buy shares within 30 days before the sell too! I had purchased 5,000 shares dec 16th.... So my sell was a wash. The only good thing is I can now rebuy those 1,500 shares for half what I sold them for. Which I'm going to do tomorrow since we hit my target of .15. Now time to rock and roll folks!
To some it must be but to anyone with an IQ over 2 it isn't. Praising a stock that's down 99.9% in 2 years.
Why do you keep asking the same questions over and over?
If you don't understand why GRPR went to .001 then you shouldn't be investing. Either someone had fat fingers and didn't hit the right key or someone just thought they would get some of you excited when u saw it jump up from .0001 to .001 on a measly 500 shares which amounts to what? 50 cents purchase??? LMAO
Hey there Kathryn2! Glad to see ya on. I've been busy too trying to enjoy life a little more instead of sitting in front of the computer worrying about things I can't change. haha I'm looking forward to a great year here tho. I think it's gonna be our year. Hope everyone has a great groundhog day!!
We need some groundbreaking news PULSE! Not some crap saying K-mart is putting our drinks in their coolers! We need increasing sales numbers and Wal-mart saying they are all in. You have the product. Now get the numbers. I believe it's coming. We just have to get volume up because this little volume can move us up and down drastically.
Business Highlights REFRESHER for Third Quarter 2014:
1.Partnership with Smashburger to enter into the multi-billion dollar food business. Natural Cabana® Lemonade now available at all 265 Smashburger locations nationwide;
2.Expanded international presence into Mexico through launching a wholly-owned subsidiary in Mexico, Pulse Beverage S.A headed by Carlos Villarreal and his team, Borrega Consulting. Mr Villareal is known for the introduction and distribution of Monster Energy Drink® in Mexico in 2004 as he led the expansion across all of Mexico up until June 2010;
3.Secured deal with major national distributor of high end beverages, Unique Foods, to distribute Pulse's Natural Cabana® Coconut Water throughout Canada. Unique Foods is a leading importer of premium beverage brands such as: Stewart's Old Fashioned Sodas, Cascade Ice™, Hype Energy™, AQUAhydrate™ and ACTIVATE® Vitamin Drinks;
4.During the last few months Pulse has received approved listings at nationally recognized chain stores to carry our brands in more than 2,500 additional stores;
5.Pulse has received authorization to sell into a "big box" national chain store, with manager approval. To date Pulse has been approved in more than 250 of these stores.WAL-MART!!!!
Bob Yates, Chief Executive Officer said, "We achieved significant operational progress during the third quarter of 2014, which we believe establishes a stronger foundation for the remainder of the year and into 2015. Our lemonades and limeades are performing well and are now being sold in more than 20,000 stores and our coconut waters are sold in more than 5,000 stores. Our PULSE® Heart & Body Health functional beverages, originally developed by Baxter Healthcare, will be marketed in a new, non-gender-specific formulation later this month. We believe the new formulation will have a significantly wider consumer appeal."
Mr. Yates continued, "During the quarter, our Canadian distributor, Unique Foods, showcased our Natural Cabana® Coconut Water at two trade shows: CHFA Natural Foods Show in Toronto on September 13th and 14th and Grocery Innovations Show in Toronto on September 28th and 29th. We were able to generate some good traction from the exposure we received from these tradeshows and many major groceries, health and nutrition retailers have already taken on the product and/or approved a listing for 2015. We have also spent a great deal of time to wrap up the development and re-formatting of our highly anticipated Pulse® Heart and Body Health functional beverages which are due to be launched very soon. With the progress we are making, Pulse is quickly emerging as a leader in the beverage industry. We are confident in the delivery and execution of our product launch, continued sales and marketing strategies and look forward to communicating more progress on this with our shareholders."
We definitely are ready for an update this week.