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Who knows, what they do is above my pay grade. I just see what the potential is for this company, stock or no stock, they are going to make big money...
By the way, I still don't hear any shareholders complaining. Perhaps they made a purchase of the shares already? Who knows...
Capital IQ. That is who tracks the info even when they are non-reporting, they still file their info with them.
For shareholders sake I hope not, but reality is what it is.
The only way BLVI will soar is through mass distribution.
In the current alcohol industry, distribution is the key, and there are fewer and fewer key-holders!
Good luck!
Hard to say just by posts on this board.
I like the product, but I don't like the way they are trying to use just one product to make it go. They need to buy a bunch more products to really make this hum.
At $0.025 they don't get too much cheaper than this...
I was just at Binny's in Chicago doing DD on LIQR who just bought a alcohol distributor up there in IL. Is that the Binny's you are referring to?
If so I did not find BAB. Was it in the cooler or dry area?
See what I mean? Quarterly filed and share price hardly moves.
I am not parlaying it into anything, I am simply correcting your prior statement about the $24M NOL that they "Captured" from NAFB.
Also, they put out a press release about the fact that they had completed XX consecutive periods all being profitable.
Also, FYI, their EPS was updated on several websites to the current info as of the update I referred to, however until they file for compliance the statistics are unaudited.
NAFB was a business that LG bought to use as a public entrance. NAFB already had the $25M loss not LG. LG has always been profitable. The public entity is/was only a small fraction of LG's operations, but they want the public entity to own the entire operation over time.
I am surprised that you are confused on this.
The NOL was from North American Food & Beverage, the company they acquired. LG has never had a loosing year since inception in 2002.
Very well put Joe, but Kleinheart being added tells me there is liquidation-a-foot.
Sell off assets before the next quarter filing?
IMHO.
Kezz,
LIQR made 2 acquisitions in 2009 alone. They just announced more on the way. That is the shifting of assets that they have been trying to do all this time. That is pretty good for a $0.40 stock with 75% owned by old shareholders from NAFB.
Now they have a real footing to build upon, not a floating floor with shareholders from some other failed company using LIQR as an ATM machine.
Most reverse-merger shell type deals reverse before the stock trades, at least the LIQR guys gave NAFB shareholders a chance and in my opinion, the NAFB shareholders blew that chance by not supporting fully the LIQR team.
Volume today not showing what truly transacted.
Weird.
You are cracking me up with these comments!
Good luck to you!
PK is not in "Buy Mode". He has no money so he pays himself in stock certs. Once it gets cold enough up there, he can burn the certs to keep up his body temperature, that would be the best use for them by the time his year end filing is done.
IMHO.
Rich Miller not Rick Miller. He was a broker back in the JW Gant days in Palm Beach. Now he works out of a two man shop in Boca Raton. Ask him about that while you are at it.
He is a nice guy though.
ACQUISITIONS? DKAM MAKING ACQUISITIONS? THAT IS FUNNY!
DKAM needs to acquire a new CEO!
Right, you would be unhappy if those figures were accurate, however do you see any unhappiness anywhere on any website?
No, I don't, and I don't think you do either. So ask yourself Why?
I did not sell out for any other reason than to pay some much needed bills.
With my next paycheck after the reverse I was on the bid and did not get filled. I am on the bid again, hoping that it drops a bit to fill me.
Does that mean I should bash until the price drops to fill at what I feel I can afford? No.
PK adds shares? Do you think he actually pays for the shares on Form 4 reports? FUNNY STUFF!
No my foozey friend, he fills out some forms and gets shares in lieu of some of his proclaimed huge salary that he so deservingly pays to himself and to his friends and to his family members and to his banker buddies, all on the shareholders nickle, or should I say on the shareholders 8/10th of a penny...
AMHO.
Sorry, last post for the night!
Just curious about your thoughts. LIQR shareholders seem very happy and very meek. You don't see the nasty comments posted on any blog or any Message Board about LIQR that you do with most.
I believe that LIQR had a good relationship with their small shareholder base and considering the % that approved their proxy actions I doubt there are too many folks out there that are upset with LIQR so far.
FYI, I looked into volume, and at the current time there are no displays of less than full lot trading on the stock, so for example I have a friend that offered to buy 200 shares and was given 123 shares and it only displayed 100. Also I have a friend that offered to buy 100 shares above the bid and only got filled with 52, but that did not show up either. I think there are a bunch of small lot shares trading right now until they consolidate into bigger accounts.
Kezz, if MEXICOR trys to order Trummped Vodka for instance, they are faced with a looming issue: THE BOTTLE MANUFACTURER IS SUING DKAM FOR NON PAYMENT. Did MEXICOR agree to pay off DKAM's old debt to the bottle company? I did not see that in any of the filings...
If MEXICOR tries to order OWR, they are faced with an looming issue: HEAVENS HILLS IS OWED MORE MONEY THAN THE BOTTLE GUYS AND WILL NOT FILL ANOTHER BOTTLE UNTIL PAID. I think DKAM showed some assets in stock so they may have had a few cases to go out the door, but who knows...oh that is right, PK knows, because PK is not only the CEO and President, he is also the CFO of the company now too.
If MEXICOR wanted to sell Casa De Margo or that French Wine they have on their website, they can't because DKAM is out of the Wine business.
If MEXICOR wanted to sell Colhete Rumm, they can't because DKAM is out of that deal too.
If MEXICOR wanted to sell AGULLYA TEQUILYA, the can't because DKAM no longer sells or has it manufactured either.
If MEXICOR wanted to sell LeRAT, the can't because DKAM messed up that deal already too.
If MEXICOR wanted to sell KR BEER, they never had the chance and PK never said a word about them not having a chance so how is that for transparency to shareholders?
However, if MEXICOR is able to sell a bottle of ELEPHANT, there is plenty of that in stock all over the country since it is not moving in any market that I am aware of.
So again, if MEXICOR cannot get the product they cannot pay DKAM. SIMPLE TRUTH.
ALL MY HUMBLE BUT MORE TIME THAN NOT CORRECT OPINION.
Wow, so negative. Are you mad at LIQR?
Do you notice that very few shareholders if any post any negative comments about LIQR? Most negatives come from DSKAM.
Think about that...
When there’s blood in the streets…BUY Liquor!
June 7, 2010 – Jacksonville, FL – Liquor Group Wholesale (Publicly Traded: LIQR) announced to shareholders a tentative deal for the acquisition of several key privately owned Alcohol Distribution Companies within their existing distribution network. “Part of the unique opportunity we have before us our ability to acquire private distribution operations that we already do business with in as many as 30 markets on a stock-only vesting basis…” says C. J. Eiras, CEO “…this makes our acquisition shopping list relatively easy to outline.” The remaining process includes licensing and contractual documentation however the parties have agreed in principle to the acquisitions.
In 2009, the company made two such acquisitions on a 20% per annum vesting agreement: one is a statewide Alcohol Distribution company (nka Liquor Group Illinois) the other is a statewide Alcohol Brokerage Company (nka Liquor Group Iowa). These vesting agreements have already proven to be profitable and successful; together adding roughly $3M of asset value for shareholders during their first year of operations under the Liquor Group banner.
In related news, Berkshire Hathaway (NYSE: BRK/A) recently began acquiring Alcohol Distribution companies through their McLane Unit; starting by gobbling up two mid-sized operations in the US as part of their overall acquisition strategy within the industry. “Warren Buffet just put Berkshire’s money into the acquisition of Alcohol Distribution companies, perhaps it is a good investment strategy.” says C. J. Eiras.
Liquor Group’s successful innovative approach to the liquor and wine distribution industry has been a key element in its organic growth and has proven to be a key component in the development of many mid sized, small and emerging alcohol brands. Liquor Group’s corporate model and culture now finds success with larger, better known brands creating the opportunity for expansion into additional states and markets. Liquor Group’s ideology and business model offer brands versatility, bandwidth and flexibility needed to flourish in this multi-hundred billion dollar market.
Kezz, look at DKAM history.
Look at the PRs about Germany, Russia, Israel, Kid Rock. All of those did not pan out, nothing they have done has panned out for years, yet it always seems to be someone else fault. My sources tell me that MEXICOR has not panned out either, just like my sources were right about MICHIGBREW which told me KR Beer was dead months before you saw the U-TUBE video of the Kid saying it to the crowd.
Do you remember a few PR's a while back about huge back orders for DKAM products in the USA? What do you think happened to these orders?
Was there more than the purported 10,000 cases available to DKAM through the new MEXICOR deal? I don't think so. I think that was a shipment released of Dambiana that went to fill existing back orders for their product, the company that actually produces Dambiana is likely holding MEXICOR liable for payment on those cases and as they are collected MEXICOR will pay DKAM the royalty for them. MEXICOR only has to pay the fee if product was available to be sold, so since none has been available, none has sold.
So you do the math, if the purported 10,000 cases with $10 royalty total = $100,000. Is that going to make this investment worth while?
Have you seen any other PR about more delivered goods? No. Why? Because there are no other delivered goods. And Dambiana sales are not going to be enough to keep the lights on considering based on DKAM financial data of the past Dambiana has only ever sold about 10,000 cases in their best year.
This may have been the last hurrah for DKAM. Certainly looks like that from the share price/volume.
I implore any shareholder or interested party to contact the people who actually store and deliver these products to the market and ask a simple question: ARE DKAM PRODUCTS MOVING OR NOT?
I can tell you that in my home state, the same cases of ELEPHANT are sitting that were delivered to them 6 months ago! ISN'T THAT DKAM's BIG MULTI MILLION DOLLAR WINNER OF A PRODUCT?
SHAREHOLDERS: DEMAND A PROXY VOTE TO ELECT BOARD MEMBERS, WHY DO YOU LET PK TELL YOU WHO HE IS ADDING TO THE BOARD AND HOW MUCH HE IS CHOOSING TO PAY IN SHARES WITHOUT YOUR PERMISSION?
All MY HUMBLE (YET RESEARCHED AND PROVEN RIGHT IN THE PAST MULTIPLE TIMES ON THIS COMPANY) OPINION.
Low volume, high ask, time to take some profits?
Alc bev profits could be taken right about now...
Might be time to take some profits off of this price.
Anybody own this stock?
Anybody own this stuff?
Could be a good time to take some profits.
Trending back up!
If that was happening, DKAM would be touting "200,000 cases being created to fill demand" ect.
I don't think this fish is still swimming...
The only guarantee is that DKAM will not get the money from MEXICOR because DKAM will not have provided sufficient product for MEXICOR to sell enough to fulfill the obligations of the contract, leaving a huge trail of back orders and bad blood. Does that sound familiar to anyone here?
LIQR just filed their update today. I think you are going to see some action now that they have updated the market.
Wow, you must not be checking the bid ask on LIQR.
Closed today at $8.25 with a $5.01 Bid.
Try to redo your math again and send me a message after you do.
You are the master, I am just the pupil.
Bid did.
If these Alc/Bev companies would band together they could make some magic, just like DEO did in the 90's.
Well, volume on this board has really dropped off. Stock dipping below a penny today causing the lull in posts?