is working (too hard) for a living
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If you provide real data, like sales, would seem to get rid of the promoted company accusation.
But as this IS a promoted company, their desire to avoid that formal label Is understandable.
Will be interested to see what shows up -- data or 'spin.'
Let's be clear.
You will never buy this stock because you believe that the discounted cash flow of future earnings is higher than the market has priced - the classical reason to buy stock.
Look at how much BCCI owes and most recent published quarterly revenue. $10K?
You buy BCCI because you believe in the company's PR ability, which moves the stock price, and your ability to time that. And BCCI has been brilliant at that, producing significant market price swings.
Speaking of which, if the recent 'advertising' for Super Bowl and Grammys had produced a significant revenue spike, don't you think it would have been publicized? Easy to say you are 'sold out' if inventory supplied is low, which is likely for a company with no cash.
From slide 15 -- key to MUX valuation (aside from any industry-level bump, a major thesis in this preso) is for Gold Bar to come online smoothly at profitable operating cost.
Buying stock in BCCI is a bet on their public relations prowess, not on their ability to develop a profitable business model.
Uhh, BCCI revenue less than $1K/month per recent financials.
So, let's assume 10x => 10K/month. I'll take the under, but let's try it.
Wonderful increase, but debt service alone is over $10K/month, much less buy materials to make these products.
And they are showing $0 compensation expenses, not quite sure how that works perhaps folks are being paid totally in stock but that should still be shown as a compensation expense.....
PR spoke about 'on shelves,' I missed the section about whose shelves.
Buyers are speculating on further manipulation, per StockProdigy.
No business rationale.
9 cases in 3 mos gets a $2.5M market valuation.....
One thing they are good at is PR; folks are speculating in that not investing in the business outlook.
Would be helpful to know their sales of K-cups.
No information in their 2017 'financials.'
You have to believe if sales were good or growing, we would have heard about it.
Speaking of financials -- in 10-K format, but NOT a 10-k Filing, not audited.
Haven't been here for a couple of years.
When were last financials published, interested in revenues from the k-cups. Only remaining product line, right?
Why do you think RLTR filings current?
Latest financials I could find were year end 2015: https://finance.yahoo.com/quote/RLTR/financials?p=RLTR
$500K of loss on $50K of revenue for the year, gross margin $12K. Look forward to seeing more recent, please provide url.
BCCI not current with SEC filings.
Look at: http://secfilings.com/SearchResults.aspx?ticker=BCCI
Last financial data was for Q1 2016 -- filed in July of 2016, 60 days late.
We should argue about the meaning of data, not the data itself. If you have an alternative url, please post.
No sign of those on amazon.com.
But, if you have a Keurig 2.0 coffee maker, you can buy some Baristas white coffee to brew:
https://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3Daps&field-keywords=baristas+coffee&rh=i%3Aaps%2Ck%3Abaristas+coffee
No 10-Q. secfilings.com doesn't have. Post url.
60K was for all of 2016 (maybe in Q4, but full year number).
Only up 20% over 2015's $50K.
With $300K+ of operating losses, an additional $300K+ of interest expense, and a lot of that debt due about now -- not a good report.
And NOT a 10-K -- try to find on secfilings.com, or marketwatch.com.
The 'good news' (sic) is that the Barry/Scott show is with RLTR effective January 2016, and at least RLTR published something unlike BCCI over roughly the last year.
GLTA.
Why do you think it is a 10-K??
Similar format to be sure, but not a 10-K (open to correction; but I went to secfilings.com, entered RLTR, and nothing came back. Similarly, marketwatch.com shows no SEC filings).
What are you reading?
The Form 15 they filed says they no longer need -- or will -- file reports because they have only 55 'holders of record' = stockholders.
Hard to believe so low (how do they count street name, as most holders do??), but that is what it says.
Net: No financials, and no reason to post any:
- regulatory: too few shareholders.
- business: I bet the numbers are awful, else they would post.
IMO only reason to be in this stock is a prayer that there will be a PR which spikes the stock, enabling disposition.
So, there is a reason why the stock has declined 15% plus in the week since the Form 15 was filed.
So, cash out > cash in.
At least as of last filing almost a year ago. The fact they have not filed since, despite avowed intent to 'upgrade listing' which requires filings, has to concern the shareholder. Maybe why the stock continues to plummet.
Back to cash. How do you expect them to avoid bankruptcy?
Fair question. My '16 financials expectation is never.
No financials since Q1 was published, late. Since then, not even a filing of 'we are going to be late,' which BCCI had frequently done in the past, and is common for small filing companies.
No press releases since Aug 1, per company website, by a company which has been 'PR heavy' (and performance 'light').
Either would provide a temporary boost to share price -- but how likely?
My chart shows .0165 high, close .0143. Nominal volume for the .0165, all the volume on selling down.
What do you have which shows something more optimistic, share!
First need CY 16 numbers, no financials for almost a year.
Re: $0.80 for share -- a 1:60 RS could get you there. But wait -- just did an RS, how often can you do them?
Timely filings would bump share price. Indicate commitment, and a renewed future.
But, I would bet the under; and, if posted, would question rationale/motive for posting now rather than timely.
Almost all shares traded below prior close.
$5K or so traded, closed down 6%.
Educate us: first RLTR VR product for sale?
There are two ways to invest:
(a) speculation, based on historical charts, momentum, PR ability, etc.
(b) investment thesis, based on business opportunities for a company's value proposition and believed opportunities to capitalize given marketing position, management team, and financial capability.
I can't comment on your view of the speculative opportunity.
Certainly, the company has announced multiple Q1 initiatives which have been well received but unfortunately have not come to BCCI's financially successful fruition (Pennsylvania mall stores with BOMC Partners and white coffee (with Amazon and Mexico) come to mind). Who is to say that history will not repeat itself with respect to the announcement and market reaction.
But, with losses 3x revenue over the past few years and no published financials since Q1 2016, investing on an 'investment thesis' basis is not likely to be a winning proposition.
BH VR posting, great for Facebook; RLTR monetization??
Right, could be 'it' -- down 20% today.
Lowest close since mid-January.
Losses double revenue from 2013 through 2015.
In Q1 16, operating loss more than double revenue; loss even when excluding (non-cash) stock-based compensation for top management
So, agree -- could be 'it.
However, optimists might note that the stock is up from its all time low of .004 in Nov 2015; pessimists would counter down 90% since its 2016 high in March. To which optimists would note that there was a big run between Nov 2015 and Mar 2016.
But no financial reports since Q1 16 (issued two months late), not even an NT 10Q to announce a delay in filing.
Conclusion: pessimists have the better case, but speculators can always hope for a run. Company has a history of them.
Point? 5K@0.0125=$62.50. Who cares?
You're probably right. 10-Q due Nov 15; they haven't even bothered to file an NT 10-Q to indicate it would be late
10-Q was due 11/15; NT 10-Q not even filed.
Most recent news was announcement as 'sole supplier' of white coffee for overstock.com.
Observation: 1.2M market cap pretty rich for a company with $4M of revenue and almost $10M in losses 2013 - 2015, as well as declining revenue and continued losses greater than revenue this year.
You loved BCCI at a nickel 18 months ago +/-, why the loss of faith?
And revenue to RLTR is what?
No surprise, lots of cool VR stuff is happening; issue is RLTR revenue and costs; if revenue -- how 'protected' from encroachment from funded competitors.
So far not compelling.
Couldn't find retail white coffee in Q1 10-Q, published in July.
No mention of it as part of the business, or revenue -- or 'subsequent event' (e.g. between 3/31 and publication date) about distribution or some such, required for material events.
Perhaps you have other data you can share with the board?
Too early to say no dilution. We don't know terms of the share disbursement -- timing or amount.
Would be useful to trace history of shares O/S -- if there is a bump about the time of the Sept PR, could tell us something.
There has been no visibility on actual use of the $2M advertising purchase, perhaps someone knows about that?
Financials almost two months late. Likely going lower.
RLTR's Media Funding transaction involved no cash.
RLTR received none; payment for $2M in advertising was in stock 'at a premium to market.'
How much stock, not stated. But RLTR's market cap at the time was about $200K.
So there was either huge dilution, or the $2M value was way overstated.
Yeah, was up 11% when I wrote -- obviously has jumped since then, including today.
Perhaps the printers have 'sneaked a look' at the 10-Q and found that lots of K-cups have been sold? Or, a new 'hot' PR is about to hit the street, with an exciting new initiative?
Sarcasm aside, the stock has jumped over the last week albeit on nominal volume, though today there was one 120K trade (<$10K)which did not cause price to drop.
$4K volume -- we differ on definition of 'run'?
Where's the 10-Q for Q1?
On Tuesday May 17, the company filed an NT 10-Q, saying that the report would be filed within five calendar days of the due date (May 15, perhaps May 16 due to May 15 being a Sunday, not sure how that works).
Too many K-cup revenues to add up? Or, too many costs?
Annual financials indicate the company wrote off the BMOC franchise fees and initial royalties -- note the 'bad debt' line on the Statement of Cash Flows (not sure where the write-off was in the P&L).
Note Q1 financials were due today, no sign of them or of an NT 10-Q speaking of delayed filing; looking forward to what we will learn about K-cup sales in Q1...or not.