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Nice post pitts!!!
thank you for that
I was wondering about him and hadn't come across that in my search
What I should say is there is no 'total profit' as you state.
Gross gives very little indication of net.
'total profit' isn't even a term in accounting
Thanks for that! That's helpful. I should have checked it myself.
By the way though your statement about profit is inaccurate.
At this point they're deep in the negative profit margin on account of marketing etc... I don't think this is a problem as it's a start up but there is NO profit at this point.
thanks
OK getting a little more helpful.
Can anyone put brackets on that, meaning a range from (x to x-variable)
still seems the $16 ghostTrain listed as profit is way off.
I read that 8% net was high for a label like Coke or others.
any idea?
By the way.
If you retailed drinks and could see their invoices you're still pretty far removed from knowing what the "brand name" owner is netting on it.
There is bottling, production, small and medium distribution etc...
I'm glad someone you're in 'the know' on this sincerely.
Do you know what the profit margins on beverages are?
Gross means little since net can still equal zero.
Thanks in advance
I researched this and the best I could find is that 8% net profit would be exceptional. I'm not stating this as fact though, just something I came across.
still inaccurate, still random and still invented and made up.
$16-NO
Where are you getting that number from.
I'll tell you. Nowhere. Someone made that up. There's no link no nothing. It's a random made up number.
$16--NO
again with the fun math
GhostTrain---Next run is 60,000 production not 45,000
$16 dollar profit--are you kidding.
My understanding is that 8% profit would be amazing.
Can you provide support for a 44% profit margin which you imply with the $16 profit statement.
lets at least try to keep it real.
Thanks for that.
I didn't recall but it makes sense.
I wrote that first post because several people and some of the media picked up on a mistaken thread.
The story became that the 4,100 initial run was 45,000 which is mistaken.
In fact it was 4,100 first run
request for 40,000
request to add 20,000 to the 40k for total of 60k run soon.
After the notice to increase they put them on sale, possibly to unload as much as possible on account of the new run.
right after that they announced it was the fastest selling---which was no doubt connected to the sale. A day after that it was quickly and handedly overtaken in sales by eight or twelve other brands.
Still an interesting story and again thanks for clarifying the initial run information.
Phily was right ghostTrain.
The article you posted even sais it, "the first shipment."
The first run refers in all the statements by the company to the amount of product that was produced at the bottling company.
They never released information stating what the first SHIPMENT was.
For all we know they shipped 2 cases. I don't think that's the case but with $67,000 in revenue we no absolutely that 4,500 cases were not sold.
MATH
I totally agree.
Let's keep it real. There is NO evidence that 4,500 cases sold at all.
their initial product run was 4,100 cases and it's still available on Amazon. Clearly they're still trying to get that sold.
Their stated revenue is $67,000. That's only 1861 cases at full price. That was stated last week so it's taking them a lot more than a week to sell 5,000 cases. It's taking them a few weeks just to sell almost 2,000. That puts it conservatively at 52,000 a year which puts total revenue or total retail sales at close to 2 million. Don't forget that they're doing great if they get 8% of that. That's $149,000. Careful with the math.
I'm fine betting on hope. Most of the market is fueled by hope.
But, lets be careful with our math. Until we see something real in that way why state it otherwise on this board?
If you're deeply leveraged in then I hope it does gap up above .20.
I took the ride from .06 to .o21. I'm out now as one of my least favorite activities is watching a down trend. Again, for my sake I hope I can get in on any reasonable and solid news.
At this point I'm pretty sure I'll have time.
I agree
That's cool Pugilista.
I'm a small time remodeling contractor in New Haven CT.
My annual rev is only a 1/2 million.
My brother sells product to China. He sells high end play structures to parks and other areas where China has children playing. They do quite well. The buzz is that you can sell to China but mostly only really high end product. I don't think it's worth trying to beat them on price & I wouldn't bother trying to get them to drink our drinks.
Alibaba is world wide. I really don't think they are the best vehicle for that though. I'm not super savvy on the issue but I think one is better off going through other channels to do that. Doesn't amazon already sell world wide?
How much does one make on a case of drinks?
I can't seem to find the post where someone states this but earlier someone on this board posted that THCZ is probably clearing more than $20 per case on Amazon.
I spent a lot of time trying to research this. The best I could come up with is that the Brand holding company, in this case THCZ would be lucky to clear 8% of the retail price of the sale. This is pretty far from $20.
I still hope they sell lots so I can jump back on the THCZ train.
I hope for the longs that it gaps up.
I hope for me that if their is amazing news I can get back in, in time.
I hear you. I honestly don't think that's the case--no pun intended.
Alibaba doesn't have a history of selling American products all over the world. It's the opposite. China has proved over and over again that the will do almost anything to sell their own wares instead.
What they will do is buy one can. Figure out what's in it. Make their own version with the same pot leaf on it, call it American and then try to sell it.
Believe me China is proving this over and over again. How to get a handle on this problem will no doubt be a huge part of the coming presidential election.
China is taking this country apart piecemeal and THCZ will not be immune to it.
On another note, I can't speak for other countries but I can tell you that I have friends who are Asian and go to Asia often enough. I spoke with them about this and at least in Korea even Coke can barely penetrate the market. Too many border taxes and they have their own trends going on.
It's intriguing to think but in reality out of the billions of Asians that are buying product to drink very few can afford an energy drink by our standards. You'll do way better in Texas.
More misinformation.
I've seen people state several times that THCZ sent an initial run of 45,000 cases to Amazon. Market wired stated that they sent an initial run of 4,160 cases. Please read above the comments for the details. It's on this IHUB site.
Following that they shipped a larger quantity to Amazon and recently requested a larger production run from the bottling company for a total new run of 60,000. Anything beyond those numbers is pure conjecture. Feel free to dream I'm just sayin.
Like I said in an earlier post I hope this product takes off for a lot of reasons. Until it does I'm just reminding those who I think need it to stay a wee more sober.
Alibaba.com and other misinformation
I'm THCZ optimistic and waiting for another chance to buy in and just want to clear up some misinformation for anyone new to this site.
I don't consider Alibaba to be a USA friendly website or distribution. The buzz in the business community is that China in general is not an easy or friendly place to sell your wares. Alibaba was created to compete directly with Amazon. China does not allow Amazon to sell in China--Not a friendly OPEN country for trying to sell your wares.
This is the paragraph from market wired regarding Alibaba. If you read carefully you'll notice that almost NOTHING is said.
"THCZ has received several inquiries for containers of product to be shipped abroad from the alibaba.com website and other sources. The Company is in the process of opening negotiations and will soon send samples of the product to the eligible parities upon request."
My translation of that paragraph is this---Someone wants you to imagine the possibilities--not consider the reality. China is impenetrable for many USA companies. Coke who spends more money trying to penetrate Asia than almost anyone can barely get their product their. Sure, Millions of dollars in persuasive work later Coke is slightly represented there. In reality they sell their own drinks to their own people. There will unlikely be a single can of Totally Hemp Crazy opened up in China.
I agree
agreed
its lll easy?
That it is dilute shun all
How stupid of me to think that I was the only one making
insane amounts of money on this.
Wow!!!!!!!!!!
did you do that in one trade???
Thanks for all the help in the past few weeks!!!
It's helped me decide for myself what to make of so many posts.
I don't think you should panic.
I also think some positive news could definitely make this stock pop again.
I would be looking for it to handedly break .20 on the next solid news, distribution or something equivalent to the other news.
If it doesn't break .20 but instead only pops up to .17 then starts a decline again then I see it as likely that the hopefuls are getting displaced by the realists.
There are too many other companies to overlook that have the sales to beat this one and are only valued at a third the cost.
Realistically it's overvalued.
Hopefully it's not.
I'm watching this stock for news every morning. They typically post at 8:00 eastern standard time. If I see good news I'll be at the keyboard.
If it breaks .20 and I miss my chance to buy in and it starts a base up there I might even jump back in then.
I really doubt it's going to rocket to anything past .2 at this point. I think too many have done their homework on this one to buy in above that without extraordinary news.
best
looks like today's sell off is picking up speed.
I also just saw a 95,000 sell paired with a 5,000share bid
I hate to see those on the downward spiral. Mostly because it means someone who bough a lot and perhaps made a lot is selling to someone with perhaps less means whose going to most likely have trouble selling it soon enough.
I agree !
If you have an amount of money that is important to you in this stock take a quick glance at a comparable company just for your own sake.
Take a look at MinercoRecources ticker MINE
They have the volume of sales and revenue that THCZ is hoping to achieve and it only supports a market cap of 18.7 million.
If everything THCZ is saying MIGHT happen then you're still in a company that's three times overvalued.
I believe hope and possibility are great reasons to invest
BUT
NOT when it's this overvalued.
SELL YOUR SHARES now and you can happily watch as they become easier and cheaper to buy in the coming days.
Sincerely and not at all sarcastically
good luck.
Rebound
About an hour from now yesterday THCZ began it's .001 drop
Sell now and you can happily watch as the cost of ownership gets cheaper by the minute
I think you're right about the 750 shares
But
the real problem now is with the declining volume anyone who wants to start trying to get out of their position in this stock will have a hard time.
If you tried to get out of a $10,000 position now it would take you all afternoon.
Wait till it drops faster and see how hard it is to get out.
That's exactly right.
This stock is a volatile but if you want to watch it
Watch it with your cash ready to buy if something good happens
don't watch it hoping the negative trend will stop.
This is not a stock you step away from for more than a minute.
You must stay glued to your screen day and night ready for the
fall and ready to sell before the huge gaps start appearing.
I totally agree.
There is something wrong with telling people to stay in
for the painful long haul.
The worst thing about it is thinking about what you could be doing instead of watching your money bleed out slowly day after day hoping.
If you really believe in this company sell now.
In the coming weeks you can joyfully watch as your sold shares become cheaper and cheaper to recoup.
That hissing noise
is the air coming out of a leaky tire that
someone decided wasn't worth pumping now that it has a hole in
it.
Get off and walk
I agree
That's some interesting math your doing there
additionally if you do accept that it's OK to dilute the stock don't you think it's important to look at the market cap.
I scanned around looking at a few other beverage corps that have longer histories and ongoing revenues and profits.
It takes a lot of history, revenue and profit to support a 60milliioin market cap.
these guys aren't there yet.
Even on the hopeful side if all goes really well and as they're stating with $700,000 in revenue in the first quarter. I still think you're only looking at a market cap of 80 or 100 mil.
None the less
seriously good luck to all who are in.
I was for a while but stepped out until I see better corporate behavior regarding shareholders well being.
Also--this stock may pop for a great ride if the skull and bones is removed. But even with that the value isn't there for more than a .20 per share. What's worse is that they hold more convertible shares or notes so it can get worse before it gets better.
This summer because
Sure companies dilute the stock to promote the business.
I don't think at that scale though. If you scan through tons of stocks they're not diluted to the degree that just happened with THCZ.
I believe at the very least they're covering their backsides at the shareholders expense. If all goes wrong at least they made their millions or perhaps Roy Meadows has. We don't know.
What we do know is that There are now another 100,000,000 shares in play now.
I say this summer just because I think that if they were willing to take the same risk that the shareholder and they believe the returns are going to be as good as they're saying then they would be thrilled to wait till summer in the hopes that the stock would reach .5 or a dollar or more. wouldn't you wait till summer to sell your 100,000,000 shares?
I couldn't agree more. I love this product but it's really important to take those issues seriously.
Why are they diluting a stock that has 'so much potential.'
It doesn't have to be a scam to be a dangerous bet.
It can just be a dangerous bet.
Even taken as best as possible it's really out of control to dilute the stock another 100,000,000 in one day. At least that's what my ameritrade account shows they did as of this morning.
The market cap jumped by around 16 million dollars.
Are they doing to do that every time they get a chance???
Do they really need 16 million to get this thing off the ground???
It's a stock for day time gamblers until proven otherwise.
IMO
I doubt redbull or yahoo diluted their stock over 30% in one day.
Can anyone tell me why someone holding over 100,000,000 shares would start selling them at this point.
If you had that many shares to dump into this thing and really believed in it wouldn't you wait till summer to cash in on the
'big bucks?'