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Supreme Sweets and WNBD deal is dead according to you
I agree. I prefer to go by what's in the filings
JD
That too....lol. Thanks!
JD
Do you seriously not remember any of your conversations or are you 2 people? I was referring to WNBD not UHLN
JD
If you think 1 month is long then you know nothing about how acquisitions work. Even Blue Chip companies take several months to get deals finalized
It won't be a done deal until a definitive agreement is reached. So stop making it sound like I said its a done deal
That came from a blog not a PR or filing. It also didn't mention any names. So until filings come out with UHLN and Supreme Sweets named with a heck of lot more details and whose involved with what, I'm not going to worry about it. Because in all honesty what would be the point?
But what I find interesting is you completely believe someone you don't trust (CEO WNBD) and yet you don't trust someone you haven't even spoken to (CEO UHLN). Tell me something...why is that?
JD
May 1st 2017 They entered into negotiations regarding the cooperative launch and marketing of branded food innovations. Deals fall apart all the time
It's now June 2018. There's is no licensing agreement and there's nothing I have found thus far that says it was ever a done deal, signed and delivered
In fact, the last PR from WNBD mentions a JV with DAZZ a spray bottle company and absolutely nothing about Supreme Sweets. Kind of went away from the restaurant business
JD
Wow! You really need to re-read your posts if you don't know
Why would I be talking about the CEO of WNBD??? This is the UHLN board. I could care less about WNBD or the CEO
Since I've been talking with the CEO of UHLN everything he said has happened. So I have no reason to doubt him
But you on the other hand have no problem bad mouthing someone you don't even know nor have spoken to the CEO several times with like I have. Tells me all I need to know about you
JD
When CEO told me "There is much more being done" it means they're working on many different projects. That's a fact not a guess
From the conversations I've had and from PR's I believe name/ticker change is still very much a big priority. It'll show the investing community and Supreme Sweets the seriousness of the company
Now that the Letter of Intent (LOI) has been executed the lawyers will now be working on getting the Definitive Agreement done. The sooner the better for everyone. Mario and Barbara Parravano (Supreme Sweets) seem very excited in starting this new venture. They will mostly likely join the new management team
Basically it's a very nice tax write-off for a company to grow/expand quickly. At least that's the plan here
JD
I've had several conversation with him and I also believe that. We had back and forth emails last night. One of the things he told me was...
That's correct. Revenue: $2.4 Million
https://www.zoominfo.com/c/supreme-sweets-inc/398772897
JD
It sounds like they'll be a BIG part of this new business. With all of their success I'd expect nothing less
Yes it has but how many know and have actually read it until now? Something tells me none. At least not on I-Hub or Twitter because it would have been known to many
Once acquisition PR hits this goes crazy
JD
Foreign Subsidiary proof in 8K. My guess is Supreme Sweets Inc (revenue $2.4 million) will be announced very shortly
More Subsidiaries talk in 8K
The Company is Solvent for those who didn't read through the last 8K
I believe that as well. No other reason to be buying shares and convertible notes
JD
I'm with you. Hold and accumulate on the dips. This is a different type of animal
JD
LOL! It seems like the more they are proven wrong the more they complain
JD
We'll get it once its ready. CEO wants it done as much as we do if not more. Things always seem to take longer once lawyers get involved to finalized stuff
JD
Very possible once news spreads
JD
I'm in! Top shareholder buying up convertible debt and share buy back. Can't pass this up
JD
Looks like menus are being created. This new acquisition will provide product to TRUFood
Jet101 can't say for sure but that is a possibility. I do know for sure Management wants this new brand up and running as quickly as possible
Yes, please let me know if you find out anything
JD
My understanding is acquisition come first and then re-branding on social media along with name/ticker change afterwards
But CEO did tell me re-branding social media already in the works. This tells me name/ticker change coming shortly after. Unless the plan is to bring those out at the same time
Hoping PR comes out the next couple of days to explain more
JD
Thank you and yes I was told it would come out late last week. For whatever reason it got delayed. Hoping for tomorrow or Tuesday. Can't promise that's when it comes out though. Just hoping
JD
The one time I share what the CEO tells me and it doesn't happen on-time and all I get is grief from others
I choose to share the info I receive because its the nice thing to do and I'd hope others would do the same
However if people choose not to be nice I'll keep future info to myself
Keep the faith UHLN believers
JD
Nice!
JD
This is what's coming folks!
Nothing to see there. Not going into the Cannabis industry. I've talked with CEO several times and he never even hinted at that
Growing the company in the casual/healthy restaurant industry is all he talks about
JD
Only day traders and non-believers. But that's fine
We know big things will be announced very shortly
JD
News is getting better each time. Company is moving in a very nice/new direction. A lot happening
People always sell on news. What matters is how much buying pressure comes along with it. That's the key
Great buying pressure always catapults stocks
JD
Looking good this morning. Anticipating news either today or tomorrow
JD
Yes please
JD
Makes me laugh. Company is turning itself around. More news coming shortly
JD
I seen you here and did some DD. Figured it couldn't be bad if you were around...lol
Looks like some good news today
JD
Orie Rechtman, CEO has some deep pockets
Great news! Nice partners
JD
Always glad to help
JD