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Tax Selling A good time to average WAY DOWN!
Strategic Update from Growers Direct Coffee Company's President & CEO
Monday October 13, 8:45 am ET
SAN FRANCISCO--(BUSINESS WIRE)--Growers Direct Coffee Company, Inc. (OTCBB: GWDC - News) announced a strategic update today.
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GWDC’s President & CEO, Mick Rynning, stated, “It’s been nearly two months since I came on board with Growers Direct Coffee Company. Since that time, our team has been diligently working to assess the current state of affairs in the company, which we have now completed in a comprehensive Strengths, Weaknesses, Opportunities and Threats (SWOT) assessment. Subsequently, our team has made considerable effort to solidify our, “Tree to Cup,” vertical integrated strategy, which sets the course for our future success in growth of the company, meeting our customer’s needs, acquiring new customers, as well as improving the investment position of all current shareholders.”
Mick continued, “So far, all strategies have advanced forward and a series of press releases will be made upon successful conclusion of strategic ventures. Some of our strategies are significant, innovative, and are not currently being pursued by our competitors, which is why it's been "close to the vest". We believe our market approach is innovative and we intend to become an industry leader as we advance.”
Mick further added, “It’s at times like these, in our current economic conditions, that only the most smartly strategized and funded companies will be the “lights in the darkness” of the current market. The coffee segment is a good recession-resistant place for some of the smart money right now, especially with our new viable, effective and executable strategic plan. We are in discussions to secure funding for our new strategic plan, and news of that funding, as well as an outline of the new plan will be forthcoming.”
In closing, Mick stated, “I cannot overstate the importance of our team taking the necessary time to develop our new strategic plan, for it is the foundation of all our successes. In the immortal words of Sun Tzu, “This is the art of strategy. It is the most important skill in the nation. In situations of life and death, it is the way of survival or extinction.” At Growers Direct Coffee Company, we fully intend to be both survivors and growers, as we execute our “Tree to Cup” vertically integrated strategy. Our Tree to Cup strategy is an excellent business model that allows our company to pursue opportunities, in spite of these challenging times."
Willy I agree. I hope there is news soon showing the viability of GWDC.
Hawk Thanks for the Info. Also thanks for not giving the weather report
Great news
You are SOOOOOO WEIRD!!!!!!!!!!!!!!!!!!
stop crying!
whine whine whine
RC From the Yahoo board which you posted on under a different name. This response says it all.
Re: Growers Direct Coffee IR Firm Observation 8-Jul-08 08:19 am What you say illogical. If the price stays down they make NO money. If the stock price goes up then they still get their shares that I hope they earn and they make money.
Hey REAL Stop Crying. Sell and go away!
gedden U R Right on. This guy FFF is totally negative and has no clue what the company and Paul K is trying to do. He will probably delete this as he has other posts from me.
VERY WEIRD!
FF You R Soooo WEIRD! If U R Soooo unhappy SELL! Give GWDC some slack. It looks like things are starting to happen
F Fillet You are either short GWDC or you are looking to buy in at lower prices. I am willing to wait and see on the 1st two Q's of 2008. As to the stores, the retail side will take time. GWDC has just added Columbia and that should also help. All of this is in the future which makes me think that GWDC @.24 is a worthy Speculation.
GL You are RIGHT ON!
Real, GWDC filed for extension. As to pulling out of the gutter. The dumpers who probably received FREE stock sold out on market orders pushing the stock to .16 last week. The price is actually heading in the right direction. 2008 could work out for us. This will take time but I think the Management is finally getting things right. Those of us who bought low will be rewarded long term.
I saw this on Raging Bull.
http://www.coffeeschina.com/
Waiting and hoping on GWDC 1st quarter results and 1st store opening in China.
This looks like info. not 'spam pumping.
http://opportunitiesforthefuture.com/Home_Page.html
I do not know Malone and Assoc. Why are they a 'spam pumper firm'? I became interested in GWDC and received a large amount of info. from their web site. I do not see any 'pumping' on their site. As to GWDC I agree with you that they are heading in the right direction.
Thanks
Perc
I have found that malone and his web site to be very informative. I also understand that they have a following. Once GWDC starts showing earnings the pps will change to the upside. Does this wiley person have a personal problem with malone and assoc?