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Nicely done Matthew ( as usual )... and yep' the smell of " RICO " abounds throughout. Wonder who the backseat drivers are on this one ? Hope the right people are paying attention.
Yep you still be broke but it eases a little of the pain knowing that now they're broke also and eating their meals off of plastic institutional trays. At least that you can take to the bank. Especially true when you bag a group.
Sorry 'bout the delay. Spoke to a friend who spoke to people who did and they report nothing much came out positive or negative 'cept. that the company said they do have enough cash to continue operations for '15 etc. which was announced before.
Reportedly a few in attendance feel there has been progress but for whatever reason it's not being announced at this time. Thought is their holding back for strategic timing ??? As relayed, they're going a little dark for a bit.
Stockhouse news has a great board on this co. Check it out and you'll see a lot of posters and info. on TIT.
Personally think this unexpected drop in oil may have influenced some decisions and perhaps altered some timelines ,,,, JMHO.
Whoknows ? BOL.
Exactly.... Saw this elementary school maneuver before. Make a crap sandwich look more palatable. This isn't exactly a tic:v, Tim Hortons or mnst. This co. is just a game for the sleezy. Know what I'm saying V. and Matt ??? and D/D ?
Negative but I'll check to see if my referring friend did and report back.
Matt you are the bomb. Pleasure watching you work. Although my loss was minimal and I monitor now just for fun your efforts almost make me want to light a fire under my B/R partner from the past, ask him to resurrect our " little machine ", invite you to make it a threesome and then do a little community service for the investing public just for the fun of it. It's sooo much fun once the ball gets rolling and goes all the way to gavel time.
Soooo predictable. After all they needed to announce something. However another stab just may produce another nail. They're running out of time so something like this was expected. Probably cost a few bucks for the screen but what the hell.
Hope your starting to realize it's not about selling vodka. They're doing a great job at what they're doing. Just find it hard to believe anybody still " believes ".
NO, and there never will be.
Yep ! " exciting times ahead " , Hehehe ...............
$ 2.00 ? WTH. Down over 93% in a year. Bullshit announcements. Times Square billboard hype that apparently produced nothing. Questionable and misleading announcements of contracts. Dilution, dilution,dilution. ANYBODY that actually takes this company seriously needs to undergo some serious " intervention ".
If nothing else they sure are creating a nice road map though.
Hey Joe,,,, did you notice there hasn't been any more announcements for some time now ? Zip, Nada, nothing since the " OH WE'RE SO EXCITED " . Hmmmmmm all those in July, August, September and then ?
Geez must be a coincidence that they kind of stopped soon after certain posts appeared. Yep that must be it, coincidence.
Look,,, at some time this company is going to announce contracts. This has been far to long in the making for them to fold up shop and go home imho. Big money is still in. They've announced they have sufficient funds to continue operations throughout '15 and just got listed on another board. There's govt. grants and great technology with patents so I can't see this as any type of P & D.
Just our luck the energy sector got hit with the glut in oil and falling prices at this particular time but still and all the technology makes it desirable product once things normalize again. Too much upside if everything is as stated but it appears it's just going to take some more time than we initially hoped for.
The PPS should (?) fall a bit more but I'm looking at it as just an opportunity to c/a down 'till things open up. Got an order in at .55 and keeping my fingers crossed.
Could sure use some more input here. BOL to all.
Well crybaby 2 sad to say I think your missing the point. They HAVE succeeded and very nicely I might add IMHO, but just mine ?
Got a gut feeling this will be their last shot though. Could there be too many bites from the poison apple that could eventually result in an upset tummy ? Time will tell I guess.
OMG GOLD,,, way too funny this post of yours. " Done deal "... guess you just closed the matter for everyone questioning if there are possible violations with your post. You really do have a pair I'll say that. Hey everybody Gold checked things out and reports no violations so it's a " done deal ". Every things on the up and up cuz' Gold reports it is.
LMAO :o)
I don't know "D" but I have some friends very high up in the beverage business and they always say don't waste your money on advertising until your distribution is set and the product is available. I think the Jumbo-tron was a cheap move to look like there was legitimacy at a time that was strategic but not necessarily for actually selling the beverage.
There was lots of crap talk about advertising etc. on the stock boards but where has that actually panned out ? Those little scripted stock infomercials are a joke to. " OH' WE'RE SOOOO EXCITED " made me want to puke.
May be a good product but right now I could name a half-dozen start-ups with good products that were never intended to sell or started out righteous and then got unknowingly " invaded by the dark side.
Let's see where they are in'15 and what excuses they give if they're not. The pattern is to typical, textbook !
Geez: not shipping to New York ??? What about all the $$ spent on the jumbotron advertising ( which was put up way to early by industry standards ).
Many times even darker than that Joe. Skilled contractors who take the ball and run with it for 'ya for a price. They have their own little networks and advisors to include lawyers, promoters, transfer agents and on and on. They'll advise you what to do, say and announce when they think the time is right. Naturally the " boys " get a little piece also. Why move smack and face life when you can do well moving stocks and usually wind up with a civil fine.
Always kind of wonder just how many posters are paid by penny-stock rags who sell subscriptions to unknowing investors touting crap stocks and themselves getting a little taste of the spoils from the very companies they're pitching ?
Imagine the owners of these rags being able to afford $400,000 Bahamas weddings, 5+ carrot diamond rings, mansions, luxury vehicles etc. and big bank accounts in Panama & Belize all gains from working with crap companies and pumping their bogus announcements etc.
" Bestdamnpennystocks.com" - bye-bye Cuz. & your cohorts. Nice job S.E.C. with that nationwide investigation. 10 yr. bitch possible on top of all the seizures of property.
Nice to see Rizzo bringing the hammer down again.
Nice job... now that's called evidence. Compile a couple dozen little fun facts like that and include in this particular situation why he is disallowed ( history ) and you've got a shot.
So very, very predictable... guess I better leave it there for now and you know why.
I would have to think they are. One ? maybe more than one. Who knows ? But I see their latest announcement as positive and it doesn't appear as if any of the insiders are trading. That run up and then dump in October I'm almost taking as a positive thinking the seller may have thought there wouldn't be much news wise for the remainder of the year and they could buy back in cheaper during this the normal selling for write-offs month ?
I got in last Dec. 27 at .47 and I'm watching daily for another opp. to buy cheap shares to bring my total c/a down. I think with a contract or two we're going to do very well so it's well worth the wait. The drop in oil didn't help the cause all that much either with the whole sector dropping.
We'll see what the coming year brings & Happy Holidays :o) ...
Encouraging announcement anyways. Love it when I see " sufficient funding to continue operations through 2015 "...
Whoa,,,, blew that one. The recent major drop in oil prices smashed the TXS industry wide. Without anticipated announcements it figures we'd have a December drop for tax time but with these coming together at the same time the stocks taking a beating.
Filled some at .69 on the American exchange and anticipate this could drop to possibly mid-.40's by years end.
Still believe a good long term investment and usually shows a good upswing after the start of the new year.
Joey: If you get time could you please name the Walmarts DKAM is in. Really appreciate it. If you have a general address that would help also. Thanx in advance.
I counted 38 craft beers at the grocery store last week. 38 !!! nuff'said.
Again, I personally spoke with Walgreens corp. Yes, they agreed to carry some. But how many stores in how many districts ? Guess what, not many in not many. Sounds good but not when you see the skinny.
I was attempting to be polite. Check out mrib for a sister act.
" I PUMP " ? and where do you see that ? My objective is to send up a red flag for other real investors to see. My personal problem is I have an innate hate for scams and I think that possibility exists here. That's mho on this stock. I never have and never will pump or dump on a stock in its common day trader definition. History will show who's right and if I am that means some innocent investors will have shed blood. BTW - I hope I'm wrong.
It's junk,,, sorry people. And the more you read the pump posters the more you should realize it. " going to explode soon " ? on what ? not on sales I'll bet.
Sure would Matt, sure would. All the elements are there with perhaps the biggest being their history with their multiple runs. Be a pretty big job to connect all the dots for a good complaint to the SEC though. Lot'sa man hrs. and then the long wait. Researching and documenting any history of false announcements (if any) opens the door the quickest IF ? there is a decent enough work/reward ratio.
Again, I'm not holding but sure am getting a kick out of watching for my own personal amusement. Nice to have a stock like this to refer to when you need an example of OTC companies for unfamiliar investors.
Matt: In actuality that might be the most informative " red flag " post written to date. I could easily match that profile with dozens of other p&ds I've looked at. I mentioned previous that it appeared textbook. Your post just pretty much confirmed it. Same script, dialogue, props, and I'll bet ending.
This should be an easy one should somebody have the time and inclination for some legal payback. Just find the Gepettoes.
NOW !, Let me put this in perspective. NYC damn big city. How many liquor stores throughout ? now how many are HONESTLY stocking MRIB and what is the inventory in those stores ? Do you think that a flashing billboard is going to make consumers go " Oh boy a picture with no script of a new Vodka, got to try it. Hmmm checked into it and the closest outlet is in Queens while I live in Manhattan. No problem that " flash " makes it worth the effort.
Advertisement starts when you hit a certain percentage of availability ( distribution ) in a particular marketed area.
This is about as good as Moo Goo Guy owning a Chinese take-out in the Bronx and then having a relative in San Francisco open a like take-out with the same name and saying " we sell on a national basis, we're a national franchise business ". " We also put some flyers of our menu on some windshields in Vegas so we'll have multi-state advertising ".
Love how this sales number appeared and how the " group " is repeating it. " tell a lie, make it big enough, repeat it enough times and soon others will believe it ". --- Lets play a game and see how this grows, how many times it's repeated and how many more legit (lmao) investors show up to promote it.
Negative Buddy. Major rule of marketing. You don't advertise 'till the product is available in your area if you don't already have a recognized name. How long will it be if and when Marani is available in NYC with multiple outlets ?
Could be it was just a relatively cheap ploy to try and add legitimacy to the company. The public has a short memory so this money spent at Times Square would be wasted if they actually want to sell product.
I smell cartel. Just don't have any time or incentive to look into it. " TIMES SQUARE " without immediate product availability ? That's for investors, not for consumers. No company wanting to make a real go of it would do that. " SHORTERS ", he knows it can't be done but said it anyways. Two strikes and dilution coupled with those pesky accounting results Matt pointed out spell one thing in my book.
TEXTBOOK Joe, textbook. Perhaps a very nice set-up for another little nibble. This is getting so typical it's actually getting boring.
DAMAGE " The worst C.E.O. ", not necessarily. Depends upon what the game plan really is. Some C.E.O.'s are just figure heads, puppets if you will. All depends on the game plan. History can sometimes be a good indicator once you dig through the smoke & mirrors. All to often the same act on a different stage.
Hummmmmmmmm - Maybe the S.E.C. will then delist them for non-compliance like they did with another beverage company I'm aware of. Afterwards all the company people & associates just picked up their toys and went home as if the company never existed. The majority of shareholders all shared the same opinions that it was all by design.
Let's see what the coming week brings.
Roger that Veronica, roger that. I know of a case where two guys did hook up and cause some serious damage to a group in a P & D but it took hundreds of hrs. of effort and some $$$ to get their pound of flesh. Raised some eyebrows too. Didn't result in much restitution wise for the investors but at minimum a little feeling of some justice being served ( not enough in my book but some ).
If this goes south I'm not confident the SEC would jump on it for the reasons you mentioned but I'd still file a complaint perhaps for a paper trail the SEC could refer to later on if it involves the right residual characters.
If there's anything I've learned it's that the Gov. itself is to a degree responsible for the continuing loss of investors funds in such arenas. Responsible through negligence starting with Congress. Responsible for failure to act in that the system allows so many of the same people to engage in the same types of activities time and time again and yet treating them as a civil matter once an action is levied against them. Pay a civil judgment although the actions are actually criminal.
P & D = Securities Fraud period. Grand Larceny in Consort with others. Criminal Facilitation, Scheme to Defraud,Tax evasion, Mail Fraud etc. etc. , basically we're talking RICO in hundreds of cases but yet that is sooo reserved. In a State Court you might once get a pass if you rolled pretty enough. In SEC hearings you get a fine with some future restrictions that many disregard and then you go out and go after another bite of the bad apple. The system SUCKS ! And as I'm sure your aware often times " some people " will get a little cut, a little vig. (not talking Gov. employees here ).. The Wild West with an unarmed Sheriff. BOL............
Thanks "V" - Just another little 25 million increase. Won't matter to some here though. Have a good weekend :o).