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So production is at least one month out if not more because they have not procured the materials to produce SLAM. Well, I guess those of us on this board that thought this was already taken care of when the COLAs where approved then I guess we were wrong. Another delay, another month, I guess we can look forward to SLAM reaching the shelves in time for LABOR DAY that's if JOE can pick up some cheap vodka at the corner store.
I have a suggestion for the people on the LVGI Board. After the close today, go back on the board history to December 2013 and just skim the post about LVGI up to the end of January. I think many of you will get a good laugh out of some of the post because most of what is being said about SLAM was said about GEAR. Remember, LVGI was trading at .0001 to .0002 in December 2013 and ran to .015 in late March of 2014. So a penny mat not be out of the question.
No bid maybe coming. If it does then it will be a fascinating story for Joe to tell in order to justify this going to "no bid" on the PR about the COLAs being approved.
Yea, half a million to win. That is assuming all the dumping has been Joe and no one else. Possible but seems to me a bit thin.
Joe is not going to tell anyone anything unless he wants us to know the information. We can hound him but we will probably just eat silence. We can take the "bull by the horns" here and maybe raise an eyebrow with FIRNA or the SEC but that could cut two ways. We could sell and take what the market gives us and move on or we can hold and see if this "dog will hunt". I know many crooked pinky CEOs would do about anything to steal our money but I just have to second guess LVGI on the "chill" being removed, updating the financials, and getting the COLAs approved just to steal few thousand dollars. Maybe a few million but a few thousand. But who knows.
In the toilet or to the moon?
Just wonder how many times they can go to the "water trough" with this business model. Another thing is the A/S share count is 3.5 billion and the float and shares outstanding stand at just a touch over 2.4 billion. If LVGI has put the rest of the A/S shares in play then they should be about maxed out because in the last 10 day the volume adds up to just a little over 1.1 billion shares.
Well, I think someone finally hit on what is going to happen here with LVGI. SLAM will be brought to market just like GEAR was last year, LVGI will run to .01 area and then SLAM will be spun off just like GEAR and all of the longs that do not sell will be issued worthless shares of SLAM to IPOed at a later date and LVGI will go back to .000 and the process will star6t again. Great business model.
Well, according to the opinion of Stockdarockk, all the incidentals and production is taken place and was in place when the COLAs were approved. I guess all that is left is JF to discuss the issues with V.P. of Temperance when he or she returns from their vacation. So SLAM must be in the bottle and sitting in a warehouse waiting to loaded on trucks to be delivered to the wholesalers for store distribution. Funny, how one person can hold up a process that was conceived and ready to be executed the minute the COLAs were approved.
Some posted that the next round of CD was just under 30 days out so if we get a solid PR in the next 7 to 10 working days we should be in good shape. If JF waits for the next round CDs it will kill this for good.
For those wondering about production, the next time you get a chance to tour a distillery then go. According to Temperance's web site they produced 500,000 case of product in 2012. So they have a few customers already in the pipeline. So SLAM has to wait to be rotated into the production schedule. Depending on the back log Temperance might have had due to SPRING BREAK production they could be behind. Next, Temperance will have to distill the vodka for SLAM and that will take time. Next the vodka will have to mixed with the flavors if this is not done during the distillation process. Next, SLAM will have to bottled and shipped to distributors so it came put on the store shelves. It has been 11 days since the COLAs were approved and everyone seems to expect news any second, well this may happen but the process takes time and the time frame maybe longer than we wish for or like.
You maybe right HAWK, but I believe the MMs would still be playing games if nothing else.
Maybe something "BIG" is about to happen. GOOD or BAD, we will have to wait and see.
An hour into the day and $356 TRADE at .0004, and to the moon we go.
If we do not get a production PR before the end of April then I will have to agree with HAWKMAN - that LVGI is a dilution scam. There are two critical factors that will dictate how fast SLAM will be on the shelf. First, when can Temperance work SLAM into production schedule at the distillery. Second, has JF paid Temperance for the production run. Until SLAM is on the shelf and generating revenue, getting the "CHILL" removed, updating the financials, and getting the COLAs approved is just window dressing. We all can speculate until the "cows come home" but the only "PROOF" that will make LVGI run will be in the bottles on store shelves.
Right now all SLAM is only what the investors perceive SLAM to be and the same with HEMP CORE. Until SLAM is in the bottle and on the shelves and being purchased, it will remain just some labels that have been approved. The question to ask is Temperance ready, willing, able, and been paid to bottle SLAM for LVGI. Just because a contract has been signed does not mean SLAM will be bottled, shipped, or sold. Until JF comes out with a clear and well defined time line about when and where SLAM will be on the store shelves it will remain just approved labels.
Smart money is waiting to see a production PR and see if this pony has any legs left or if the stock will be diluted any more with the next PR. This could have been handled a lot different from LVGIs side but what is done is done. Production schedule, market areas, and potential sales numbers will make this run if and only if the dilution is over and done with for the next 30 to 60 days.
So LVGI board, what is the deal? Is it dilution or are the MMS covering their short position, or both.
43 million just got dumped at .005. So there are more shares to be dumped than we know about.
I was wondering the same thing about the timer. Maybe the "reset" button is broke so they decided not to use it. Cannot wait to see the coverage in a couple of weeks.
Well, we got about 30 days before the next CD shares can flood the market. If JF waits a month for the PR on the production then we will know something is up. I agree production needs to start ASAP and revenue should begin to help with the bills. My biggest fear will be another "spin off" and those that hold will be waiting for SLAM to IPO sometime before the year 2020.
What did everybody think was going to happen when the COLAs were finalized. A big run to .01, come on who are we kidding here. The cola news went out before any formal announcement so the dilution could take place. The question is will the same thing happen again for the production PR. This could see a 52 week high if the dilution stops but I think we will see a lot more with the next PR. Who would of thought that LVGI could be bought at "CHILL" prices on COLA news.
I have to agree. An official PR with details will move this up some but until SLAM is in the bottle, on the shelf and showing sales, we will not see the big "POP" everyone has been waiting on. Hopefully that big dump just before the closing bell spells the end of any more significant dilution.
Moved NITE down a notch, we need to move VNDM out of the way.
Yea, the MMs and the one tick flippers that are lucky enough to get filled are making "beer" money.
There goes the .0004s. Everyone have a great weekend and wait for those .0003s and .0002s next week. Long and strong LVGI!!!!!
Try Wednesday, APRIL'S FOOLS DAY.
So your say there was a SECOND change made to label that was resubmitted yesterday. What a croc of ....!!! Easter is coming and we all know what miracle is associated with that. I beginning to believe HAWK is right. Let them dump this POS in the toilet where it belongs.
VFIN is back let the dump begin.
You are right. What gets me is everyone cried about not being able to buy LVGI at "CHILL" prices now that we are back to the .0004s everybody should be happy to purchase at that bargain price. Funny, Funny, Funny!!!!!
Hope you are right MDM. After all you were the man that broke the news on the "CHILL" being lifted nearly a month before the actual announcement was made. No Matter what happens, some of us will lose money, some of us will make money, and some of us will just smile.
It is so funny to read each post every day on LVGI's board. Do not worry if you did not get 0004s today, you will have your chance tomorrow. However, you may want to wait and get the 0003s on Friday and Monday. Hell, I venture to guess you can get some 0002s and possible 0001s come April Fool's Day on Wednesday. Good luck to all and happy trading.
Read the post and thanks for the directions.
When and where was this information made public.
I have sat through the "chill" also and waited for the TTB to get the job done too. My question and only Hawk has asked the same question. What happens next Tuesday when LVGI's business license expires? Can LVGI operate without a business license or will this be another delay in the production of SLAM.
If you believe that all of the negative post is causing this then buy them up at .0004 and when April 1st hits (OH the irony) and LVGI has no business license, no colas, and sits at no bid then .0004's will look real expensive.
I appreciate the effort and most of the time I find most of these post rather comical in nature but sometimes you wonder how some of these people on here sleep at night.
Yea, there was another ticker on the "HUB" where the CEO went on FOX business News back in early December of 2014 and told the world that the sky was blue and everything was great. Two weeks later the company shut down and the stock went to "NO BID". So Facebook, Google pages mean nothing in the "penny world".
We are two ticks from the "chill" low of .0003 and have dropped from a post "chill" high of .0020 on November 24 to .0005 today and the .0004 are getting close. Keep fooling yourselves that LVGI will have some "massive" run when or if the cola's are approved. LVGI longs will be lucky to see .0015 on cola news. Infused vodka is not going to make anyone holding LVGI rich no matter how many shares you are holding.
Care to speculate on how many VFIN has at .0006.