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They've already got Curves for women
How much of the float traded today? Has to be at least 50% of the float, if not a lot more. Now shares in much stronger hands.
$35M in GP = EPS of 10 CENTS! Forward P/E where SPLI is trading right now is .8. That's stupid cheap folks. Wake Up!
It's sellin' faster than hot cakes!
Wait until the other flavors start getting stocked (Armor, Curves, and Flex).
Booo-yaaaaaaaa!! $MINE
Gonna be a nice hammer candle today
I think we found our bottom
This post that I'm replying to ===>
If they can hit ~$35M in Gross Profit as Yaniv alluded to previously, we'd be looking at roughly .10 in EPS. Most companies get at least a 10x P/E ratio, which would mean SPLI would be valued at $1.
Keep in mind, companies in a growing and booming industry often get 20-30x P/E multiples, so that would mean $SPLI could be valued at $2-3 in 2015.
This is all assuming the cost of their revenue remains the same. For most companies, the cost of revenue often goes down as they secure larger and longer-term contracts and negotiate better prices for their products.
Napkin Math:
$SPLI EPS for 2013 was .00321 based on GP of $1,124,273. Yaniv said he's expecting $35M in GP by 2015.
35,000,000 / 1,124,273 = 31.13
Now multiply that by the EPS $SPLI made on their 2013 GP:
.00321 x 31.13 = .0999 (let's say .10 even)
That is what the EPS number for 2015 would be -- 10 CENTS! Forward P/E where SPLI is trading right now is .5. That's stupid cheap folks. Wake Up!
It was hidden in the 2nd PR
It's under "ITEM 8.01. OTHER EVENTS" -- http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9920946
Friday, Confirmed:
"The Company has scheduled the Lender and Note Holder Conference Call for April 18, 2014. The Conference Call will only address the financing of the company and will not address ongoing or future operations of the Company."
The ongoing/future operations will be discussed on the Shareholder Conf Call
Lender Conf Call on Friday and market is closed. Thursday last day to buy tickets. I'm sure those lenders and note holders will be buying first thing Monday morning if they like what they hear
Great analysis and well-said. Real SEC Filings and the way management is taking business into their own hands by working with credible and established lenders really shows their true colors.
No more toxic financing. Clearly, the ball is in $MINE's court. Lenders must like what they see as most are taking restricted shares.
Red Bull Execs, Big Red Exec, PowerBrands, VitaminFizz, The Herbal Collection ... sooooo many positives in place. Nationwide distribution is just around the corner as are contracts with major distribution companies.
$MINE heading to the big leagues boys!
Takes cash to pay off all that debt. Wonder where all that $ is coming from?
Could it be from selling a significant amount of product for a profit? Highly likely! More information to come soon
Holding and accumulating more tomorrow. $MINE is about a beverage product and has a bright future regardless of who brought awareness to it.
VitaFizz and The Herbal Collection are right around the corner as is the shareholder conference call.
Don't get distracted by all the drama.
Not sure how this is related to $MINE and should be deleted. Discussion about the wolf and TS are off-topic and should be treated as such.
Mods please delete both these posts
Everyone should've known these financials were from the company Vapor Group merged with. Those that expected financials to be good before Vapor Group came into the picture are clueless.
This is the final piece to get the name/ticker change and has nothing to do with Vapor Group's current financial standing.
I'm a buyer here as well.
MurkMonster talking about $MINE on PotStockRadio:
http://www.blogtalkradio.com/suicidefantasyfootball/2014/04/13/potstockradio-with-murkmonst3r-from-the-wolfpack
Should see a PR next week announcing the date of the shareholder conference call as well as a phone number and passcode. That will really set things into motion.
Ready to clear my calendar, Let's go $MINErs!
I think with the $MINE investors buying up all their Level-5 inventory on a recurring basis, they dont need any more financing, LOL!
Let's stay focused guys. New investors coming to this board will be easily scared off by all the negative info being passed around and the bickering.
Positive conversation, information, pictures, and DD is what we need. Let the negative folks talk to themselves or each other.
$MINE longs need only communicate information. Pay no attention to anything else as it clutters the board.
We'll be heading much higher into conference call week.
MINE Boo-Yah!
Vuk loading the cheapies
Super Thin! So many shares are locked away (I'd guesstimate roughly 70% of the float is in strong hands looking for double-digits at the minimum, most much higher).
$MINE will fly with any volume. And with Conf Calls lined up for the next two weeks, more impending news, new product release (VitaminFizz and THC), national roll-out of Armor, Curve, & Flex, debt reduction, and so much more.
I'd say volume isn't too far off. Buy before the crowd
Looking good, higher low just setup (previous low was .0121). Chart primed for break-out heading into next week.
Go $MINE
Monkey Fib Update!!
Monkey13 ?@Monkeeyy13 5m
Mine fib update...We are on an A to B with the A being .123 and the B is unlimited baby!!
https://twitter.com/Monkeeyy13
Note Holder Con Call next week, Shareholder Con Call the following week
Moves quick in both direction now that so many shares are locked up at much higher prices.
CC call and/or any news about major distribution contracts will send us parabolic!!
Go $MINE
Agreed. If it was a dividend you would not have to go to a website to enter your information, they'd just get it from your broker.
Couldn't anyone just go to the website and say they have 10 million shares? There's a disclosure on their website, but anyone could still enter whatever number they want:
"Shareholders will NOT be asked to provide a copy of their brokerage statement but they will be asked to sign a certification form verifying their ownership."
Nice, another note paid off. SS1 is that the last promissory note?
Why is the record date March 14th? So if you were not a shareholder at that time you won't be getting the dividend?
Fibonacci Trader's input:
Fibonacci_Long ?@Dizzo001 1m
This might sound crazy, but this morning shake might make a better breakout $MINE
https://twitter.com/Dizzo001
$MINE isnt even directly tied to marijuana, at least not in this point in time. PH*T halt doesnt affect MINE.
Here we go $MINErs, time to get this ticker back where she belongs
Restricted shares are better than direct dilution. Not to mention, whoever is taking the restricted shares must feel there is potential for a much higher pps.
If Amazon is shipping it directly, that would mean they're going to be buying large quantities
They must've seen the high demand for Level-5 products and wanted in on the action.
Great point! If there were to be such a tiny float post-R/S and it's all locked up after today's panic, this could make a similar run to what VRML saw back in 2009.
It wouldn't surprise me if that were to be the case as a lot of these marijuana stocks love to make parabolic moves.
I think we'll see a follow-up 8-K tomorrow to provide clarification. At which point, the details of the 87.5M being pre/post-Split will be disclosed.
If those shares are included in the R/S, today's sell-off was unwarranted and a climb back into the .06s-.08s is highly likely
Do you understand how a reverse split works? You technically have the same amount of money invested in the stock, just less shares at a higher price.
Pre-Split
100,000 shares at .04 = $4000
OR
After 200:1 Reverse Split
500 shares at $8 = $4000
I agree with you. I think the R/S takes place on the 87.5M shares as well as everyone else's shares. I don't see how it could happen any other way.
Those shares are being given to IGU before the split takes place, meaning those shares will also R/S:
"Under the terms of the agreement, the Company shall issue a total of 87,500,000 shares of common stock in exchange for all of the outstanding member units and assets of Indie Growers Union LLC on or before April 30, 2014"
The FINRA approval for name change and R/S will likely not take effect until May/June.
All imo and I could be totally wrong, but just reading closely it appears those shares will also reverse split.