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One of the Managing Directors of Microcap is named Alan Siegel ... isn't he a blast from the past. I recognize his name in a prior NUBV PR. Is he one of the marketing partners that was going tolaunch the product in Japan.
This group of guys are multiple CEOs and experts in everything from soup to nuts. Another shell PR from a shell. THE SCAM GOES ON! THIS IS A JOKE! ROTFLMAO
Their post is rather dubious as it states no date for occurence. Is this a stock buy back.
KJ's letter to nubv.org. These guys are encourageable and have stones made of brass.
January 12, 2009
To: NutriPure Shareholders
First of all, I’d like to wish a very Happy New Year. I sincerely hope that 2009 is your best year ever and that this and future years will be filled with happiness, prosperity and success for each and every one of you.
I am also writing this message to update you on some recent activities of NutriPure Beverages, Inc.
On January 8, 2009 NutriPure Beverages, Inc. completed a 1 for 50,000 reverse split of its common shares, which reduced the company’s number of outstanding shares from 24,850,645,914 to 497,191. The terms of the split required all shareholders to turn in a physical certificate in order to receive new shares, and as a result of this restructuring the company has been assigned the new trading symbol NBVG.PK.
The decision to take this action was not made lightly and followed a long and careful analysis of the current market situation and its impact on NutriPure’s ability to complete the funding of the upcoming launch of the Nu20 bottled water products by its primary subsidiary XND Technologies, Inc. We are convinced that the best use of our resources at this time is to continue to focus on the enormous potential of this product line.
Here’s a brief history of what has transpired over the past few months…
From the time we initiated the project in late 2007 through the summer of 2008 we able to raise approximately $600,000 to fund the ongoing operations of NutriPure and the XND subsidiary, including the initial preparations for the Nu20 product launch. We had every reason to be optimistic about raising the remaining $200,000 needed to complete the launch, which we had originally scheduled for October 2008. Unfortunately, despite our best efforts we were not able to raise those funds in a timely manner, creating a situation that was obviously unacceptable and that threatened to derail the project.
The reason we were unable to raise the additional funds was partially due to the recent downward trend of the stock market, but primarily due to the efforts of a few individuals whose actions had torpedoed the company’s stock price and sabotaged our ability to raise money. These individuals, apparently frustrated by the length of time it was taking to complete the project, put forth a concerted effort to demean the reputation of the company by filling the chat boards with “trash talk” about NutriPure and its current and past officers/directors. Some even went so far as to establish a negative website, and we also suspect, although it is not yet proven, that some of these same individuals may have personally benefitted by shorting our stock while at the same time spreading their lies and rumors. As a result of these negative and destructive actions, the company’s stock price dropped to $.0001 with no bids, in effect destroying its chances of trading, along with our ability to raise the additional funds. This caused us to postpone the launch until 2009 while we searched for alternate means of financing.
In October 2008 we requested that members of this group, along with any other interested shareholders, meet with us in a special session for the express purposes of clarifying our situation, addressing their concerns, and hopefully enlisting their support to ensure that we could move forward with the launch. Three individuals attended the meeting as “representatives” of that group and a positive meeting ensued during which it was decided that (1) we would formulate a plan for raising the additional funding through a private placement and present it to their group, and (2) they would report back to their group that we were working hard to secure the remaining funding and would encourage the group to support our financing proposal and assist in presenting it to the group. They also agreed to communicate to the other members of group that their negative campaign was causing financial harm to the company and hindering the company’s success, and to encourage them to support the company rather continuing to tear it down.
Those in attendance named one of their group as their contact person for these matters, we did the same, and we agreed to continue to work together through these individuals. We did create and present a plan within a few days and attempted to present it to them to take to their group. However, their contact person then informed us that she was unable to continue in that role due to personal reasons. We attempted to reach out to others in the group, but none of them were willing to step up and take the lead. We have not heard from anyone in their group since that time.
Over the next few months we continued our attempt to raise the needed funds with no success. This led us to conclude that our only option for remaining in business and successfully launching the Nu20 product line was to (1) effect a major reverse split of the company’s stock price, and (2) to step away from our diversification plans for now and to instead focus our efforts and resources on our XND subsidiary. We are also considering taking legal action against certain individuals that we believe were deliberately attempting to harm the company for their personal gain, and that decision will be made in the near future.
The reverse split has been completed and we are now in the process of securing the funding we need to bring the highly anticipated line of Nu20 water products to market during the first half of this year. We believe that this action will allow us not only to survive, but to thrive The movement to a significantly smaller number of traded shares allows us to better service our shareholders and also signals to the marketplace that we are a company worthy of serious consideration. We are very excited about the future of our company, and look forward to making Nu20 an international household name and NutriPure Beverages, Inc. a rousing success. Meanwhile, I invite you to keep an eye out for future important announcements in the coming weeks and months.
Sincerely,
Kenyatto Jones, Chairman & CEO
NutriPure Beverages, Inc.”
Taking them to court will cost a ton of dough ... wishing you every success where I personally failed. BIG and RICH certainly is an advantage. Hog tie those MOFOs.
Agent 99 here. Your grammar and lack of sentence structure and all lower case is familiar. Hey gang the NUBV MAN is back with a new call sign.
Back in the day when this stiock traded billions of shares the stock never moved. If you know hundreds of idiots that want to try to move this stock to $5 go right ahead. Philosophically you are right to hold if you already lost a ton of dough, but investing more is shear stupidity based on the history.
Maxwell lets think Smarter should offer to buy up all the lottery tickets on this board so he can guarantee he will hit the lottery big. A losing ticket is a losing ticket. You can't polish a turd into a pot of gold.
Where have all the shareholders gone? Long gone except preferred!!!
In a Haze/Daze explain this ???
PERIOD ENDING 31-Dec-06 31-Dec-05 31-Dec-04
Assets
Current Assets
Cash And Cash Equivalents 0 178 36
Short Term Investments - - -
Net Receivables 102 578 10
Inventory - 602 -
Other Current Assets - - 4
Total Current Assets 102 1,357 50
Long Term Investments 153 - -
Property Plant and Equipment 107 5,862 48
Goodwill - 1,973 -
Intangible Assets - 1,335 138
Accumulated Amortization - - -
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 362 10,528 236
Liabilities
Current Liabilities
Accounts Payable 364 4,100 1,423
Short/Current Long Term Debt 16 - 25
Other Current Liabilities 10 - -
Total Current Liabilities 389 4,100 1,447
Long Term Debt 208 - -
Other Liabilities - - -
Deferred Long Term Liability Charges - - -
Minority Interest - - -
Negative Goodwill - - -
Total Liabilities 597 4,100 1,447
Stockholders' Equity
Misc Stocks Options Warrants - - -
Redeemable Preferred Stock - - -
Preferred Stock 38 42 29
Common Stock 95 0 443
Retained Earnings (31,251) (11,649) (7,712)
Treasury Stock - - -
Capital Surplus 30,881 18,034 6,027
Other Stockholder Equity - - -
Total Stockholder Equity (236) 6,427 (1,212)
Net Tangible Assets ($236) $3,119 ($1,350)
They only money that will be made is the preferred shareholders as they dupe the newbies and those that are willing to generate more gambling debt.
You forgot they haven't posted financials since 2006.
It's real but old and dated. New technology has passed this by. You can buy fortified water cold water soluble concentrates and add them to your own water if you so desire. The process patent is obsolete in todays world. Steve et al missed their opportunity years ago.
The neophytes will learn in due time ... their money to lose!
If you are less than $150Gs u can't get any action (lawyers, FBI, etc). The courts are back logged. Been there done that. That's why the scammers magic number is always the magical $150Gs ... better luck to you and your endeavors. Looking forward to your future posts highlighting success!!!
Witchie U are spot on my friend. That's why Kevin et al is no longer here and NUBV.org is dead as well.
There is already a file on Steve Nickolas ... call the Phoenix FBI. They have had a file on this guy for years. Good luck getting any action or case filed on this guy. Wishing u better luck than my past efforts.
U are in a haze ... smoking some great stuff I imagine. U like flushing your money down the ceramic wishing well?
Your lies and your veiled insider bravado cost a lot of members on this board a ton of dough. In fact, you are no better than Ron et al. Your Braggadochio Bravado doesn't cut it here. By the way RODNEY, take some of that so called money you have and go back to school. Your spelling and grammar is atrocious.
The INSIDER has returned at the most opportune time to Pump and Dump. The dubious blowhard Texas Tea drinker. If there is a guy not to listen to it's NUBV. Newbies BEWARE of this POS.
Thank you Mr Brasco GLTU.
How do frogs in a desert survive? You certainly can't be waiting on a enhanced bottled water delivery of NU2O Alive! Sounds like the frog is DOA.
Well stated!
Can you say TITANIC!
Thanks for a great post.
How do you possibly believe you are going to be protected with the R/S?
I am still here. Have been everyday ... reading the posts. The R/S will only allow the preferred share holders to drain the common. No reason for optimism ... just continued disappointment.
Show ... there is no show to run. Just manage the UPS store address.
What planet are you from? Are you on something?
He is NUBV Mans cousin, Vinny Boombotts.
It is what it is as painful as it may be. BUST! I stay here to prevent any newbies and the uninformed from being taken further.
I was going to post a counter to your previous post, but this post is spot on!
Looks like Garison is the new NUBV-Man. If you are new money you're screwed because the old monie has finally seen the light that they are screwed!
Thanks for helping those that are not in the know ... but I am in the business and this is a bust.
Dude, you've haven't been on this board for a month. You need to catchup before you lose your shirt. This is a bust!!Read my DD on Nickolas ... better yet visit NUBV.org. hat is the MODs sight with the long timers to bring these guys to bear.
Inka Grill is far from natural and healthy ... closer to a greasey spoon if you ask me.
Touche my soothsayer colleague! If the investors are lucky maybe they will be OJ's little buddy ... that's the only reprieve that I forsee.
I am sorry ... that is a clueless statement. Some good advise is to get out of the penny game as 99% are losers/scams and sit in cash. We have a long way to go before we see bottom. History does repeat itself unfortunately. Nickolas et al are keenly aware that the investment group (Impact Beverage the parent company to the LLC that owns the patent) with Nickolas and his technolgy are waiting on the sidelines to pounce on NUBV if these goes live. Unfortunately the investors in NUBV will never see a dime. Stand in line NUBV investor ... the list of creditors and investors prior to a year ago is taller than the 6'9" Nickolas.
I told this board that 8-9 months ago.
Mike, sounds like you need a new investing strategy. Your tactics are bad dude.