Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CN,
It looks like you AGAIN have not learned the meaning of the chirp rule. The chirp rule is when one states something as a fact without really knowing and it never comes true.
You had everyones expectations extremely high and now they feel let down by todays figures. They shouldn't though as Inergetics is a Company in the early stages of a turn around and I for one am pleased to see that they are making headway in their endeavor.
So in conclusion; try and not predict sales figures in the future and if you must , keep them to yourself instead of making wild claims.
Over 4,000 views from Hayley Seger Blog since she posted it on You Tube yesterday. Wow , this is fantastic in My Opinion. The best promotions are the ones made by real users of a product instead of paid actors.
Here is the WEBSITE for the new purchase by Inergetics
http://www.omessentials.com.
Thanks CN, this girl is fantastic as I don't think the Company is behind her doing this. She is very spontaneous and truly a believer from the way she speaks about the product. This is the way of the future in getting Branded as followers will pass the news around much faster than TV commercials and it will hit the targeted audience directly through Social Media. It is also much cheaper as well.
I just saw this about Bikini Ready Yummy Shake and Fashion Multi. This is great.
Check out fashion vlogger Hayleyistcb's favorite Bikini Ready products, why she loves them and why they work, and also get tons of other great daily beauty advice! ?#?bikinireadylifestyle?
Carl Germano (Inergetics)
Carl Germano, RD, CNS, CDN
As Chief Science Officer of Inergetics, Mr. Germano is a registered certified clinical nutritionist, with over 30 years’ experience using innovative, complementary nutritional therapies in private practice and in product development. Mr. Germano also heads Research & Product Development and established all of the Company’s original product lines.
In addition to his vast clinical experience, he has served as a product development consultant for some of the largest dietary supplement companies in the industry, including Solgar Vitamin & Herb Company, Bluebonnet Nutrition, Ajinomoto’s Amino Vital, Isocell, Nutratech and Country Life Vitamins.
Mr. Germano holds a Masters degree in clinical nutrition from New York University and is an accomplished author, frequent radio guest and lecturer
Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Total Revenue 571 203 67 7
Cost of Revenue 320 228 50 5
Gross Profit 251 (25) 16 2
For 4th Quarter 2013 Revenue was $571,000 and Gross Profit after Cost of Goods Sold was $251,000.
Gross Profit Margin 4th Quarter was 44%.
Now you see the Gross Profit and Margins for full year 2013. This information is from the Yahoo Financial Site.
Go to Yahoo and see the quarterly financials.
They posted 4th Quarter sales of $571,000 and grow profit of 0ver $250,000. It was a great quarter and the biggest in the Companies History.
Allson,
As CR stated the authorized share count is meaningless for it was established prior to the 1/80 Reverse Stock Split and was never changed thereafter from that number. It was 2 Billion Shares authorized then and now as well.
The issued common share count as of March according to the 10K was around 64,000,000.
Most of the new investors came here because of the MJ -TRTC connection but the real story is being sidetracked by these people.
The BIG story is about Michael James saving Inergetics from BK 18 months ago since he took the CEO position and the great strides he has made in bringing a full range of Nutritional products to market and gaining shelve space in over 10,000 retail chain stores nation wide and in the Caribbean as well.
Michael and his TEAM in the past 18 months has created Martha Stewart Essentials 6 Supplements; Bikini Ready Yummy shakes and supplements, Surgex Fix and Supplements, Slim Trim, Muscle Maker Grill private label shakes, Intrinsex for Podiatry , and now coming soon Marijuana based medicinal products through its partnership with TRTC.
One must also realize that Michael James took advantage of NJEDA tax sale program thus securing over $5,300,000 in NON DILUTIVE , NO PAYBACK funds in the last 2 years to build the Company. This is a HUGE PLUS for SHAREHOLDERS.
So with all this said, I would hope that the new investors look beyond the MJ play to what lies ahead for the Company as a whole.
I personally take the Surgex Fix with Amino Acids AHAKE every day for over 3 years and love the results. My wife takes the Martha Stewart Multi Vitamin, Hair Skin and Nails and Digestive Health supplements as well and she also takes the Bikini Ready Cleanse too.
Article about MMG deal:
http://www.fastcasual.com/article/228583/Muscle-Maker-launches-new-protein-shake
The difference is that Mirken failed to deliver but Michael James has. I am thrilled that Inergetics came through after the failure of prior CEO.
This just shows how devoted the new Inergetics Team is in turning this Company around.
Do any of you know Inergetics debt restructuring conversion prices were set at in 2011?
The secured debt holders and unsecured debt holders converted their debt owed them into common shares at the following prices. $.20 , $.29 and $.37 depending on status of debt as well as injecting new funds into the restructuring plan. The company has conveyed 96% of secured debt and 87 % of unsecured debt under the plan. At the time of restructuring the Company had total revenue for the year under $100,000 and only 1 product line which was SURGEX which could only be bought on-line through their web site.
Mark Mirken was CEO at the time and he resigned in 2012 to be replaced by Michael James who presently is CEO and CFO of the Company. Since Michael James took control the product lines has expanded to Surgex, Slim Trim, Bikini Ready, Martha Stewart Essentials, a joint venture with TRTC to make Medical Marijuana products, and a private label product for Podiatree. Insergetics products are in over 10,000 retail stores since he took control as well as being offered in many online stores as well.
Todays share prices do not reflect (in my opinion) the wonderful job Mr James has done since he took control of the Company. The future never looked brighter.
Mr James also received over $5,500,000 awarded from the New Jersey NJEDA tax certificate sale program which is non dilutive money, free and clear less fees to build the Company.
In conclusion , todays $.135 closing price is far and away not reflective of what has been accomplished by Mr James over his tenure so far as CEO of the Company.
23,000 shares traded pre market @ $.14 a share.
Looks like the TRTC news yesterday attracted attention to NRTI.
At least he has hair. TRTC speaking about Inergetics should attract new investors.
TRTC CEO talking about NRTI -came out after the lose on Yahoo
http://www.thestreet.com/_yahoo/video/12342684/marijuana-investing-terra-tech-ceo-tells-how-to-get-a-buzz.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1
CN, thanks for posting about your order this morning. Looks like you are correct that MM'S are gobbling any cheap stock.
CN, you said you sold some stock last week when it ran up.
Are you a buyer again at these prices?
You say you believe this to be a dollar stock later this year.
About issued 61million common shares outstanding both restricted shares and unrestricted. Float ?
The company has 4 product lines on store shelves nationwide presently:
Martha Stewart Essentials, Surgex , Bikini Ready, and Slim Trim.
They also have a deal with Podiatree Co. with their Intrinsix product and now the deal with TRTC for medical MJ.
Mike James is a well respected and highly qualified CEO and CFO with a strong background from the financial world.
The Company is about to receive $3,000,000 plus from the NJEDA program soon so it makes no sense that they would be selling shares here.
Once the street recognizes the great strides the company has made in the past year; I would think the buyer will come in and drive the stock higher.
It is always very frustrating waiting for things to fall in place but once it does; the stock will move accordingly.
Looks like a PR firm wrote the press release I posted yesterday from Wall Street Journal Online, as the contact information has changed.
/CONTACT: Paul Cafiero, RLM Finsbury, (646) 805-2000, Inergetics@rlmfinsbury.com
PRESS RELEASEJanuary 13, 2014, 9:06 a.m. ET
Inergetics Launches Exciting New Products at ECRM Tradeshow and Announces New Distribution Agreements
Five New Products Launched Across Bikini Ready(R) Weight Loss Lifestyle and Surgex(R) Sports Nutrition Lines, Supported by Extensive Marketing Roll-Out
Inergetics' Products Now Available in over 10,000 stores, Following Successful Retail Launch of Martha Stewart(TM) Essentials in October 2013
NEWARK, N.J., Jan. 13, 2014 /PRNewswire/ -- Inergetics, Inc. (NRTI), a leading developer of nutritional supplements, today showcases new products at this year's ECRM Tradeshow in Chicago.
Building off a successful fourth quarter of 2013, which saw the number of stores selling Inergetics' products grow from 8,000 to more than 10,000 -- in addition to an expanded online and international presence, Inergetics is releasing extensions of its Bikini Ready(R) Weight Loss Lifestyle and Surgex(R) Sports Nutrition lines.
-- Just in time for those gearing up for Spring Break, Bikini Ready(R) is
launching Energy Gum Drops, a fun and convenient way to increase energy
and thermogenic activity, and Cocoa Chews, a bite size chew to help
satiate hunger and chocolate cravings.
-- Surgex(R) Sports Nutrition, the preferred nutritional supplement of Army
Sports, unveils the Surgex(R) Warrior performance line. These battle
tested, Army Sports approved, next generation formulas include: Warrior
MRP, Warrior Repair and Warrior Stamina.
"2013 was a year of enormous progress and achievement at Inergetics," said Mike James, CEO. "We are delighted to debut our new lines at this year's ECRM and look forward to discussing with industry leaders our full portfolio of products -- including, of course, Martha Stewart(TM) Essentials which has been well received by consumers since its launch late last year and continues to perform strongly across our retail network. Additionally, we continue our growing support of the line with national FSIs for Martha Stewart(TM) Essentials set to drop in more than 40 million homes across the U.S. this week and throughout the year."
To promote its new and existing franchises, Inergetics is running extensive integrated advertising campaigns across targeted national print and digital media all year long. This roll-out also utilizes the firm's roster of spokespeople, including pro surfers' Anastasia Ashley and Christa Alves, as well as NFL rookie standouts Keenan Allen, San Diego Chargers and David Amerson, Washington Redskins.
"As I look forward to the year ahead, I'm excited by our plans to further expand our offering with innovative nutritional supplements that are targeted to meet the evolving needs of consumers as they seek to lead better and healthier lives," said James.
For more information, or to speak with Mike James, CEO, and Jim Kras, CMO, please contact Inergetics at 908-604-2500 or visit ECRM Booth Lindbergh A-Entry at the Hyatt Regency O'Hare, 9300 W Bryn Mawr Ave, Rosemont, IL 60018, January 13(th) -- 15(th) , 2014.
About Inergetics, Inc.
Inergetics' portfolio of brands includes: Martha Stewart(TM) Essentials, a complete line of whole-food based supplements created specifically for women; Surgex(R) Sports Nutrition, the preferred nutritional supplement of Army Sports; Bikini Ready(R), a leader in weight loss lifestyle solutions; and SlimTrim(TM), the affordable, premium value diet brand.
To learn more about Inergetics, visit www.inergetics.com, and the Inergetics brands' websites at: www.marthastewartessentials.com, www.surgexsports.com, www.surgexsportsblitz.com, www.slimtrim1.com, www.slimtrim.net, www.bikinireadylifestyle.com, www.kahunasands.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of Inergetics set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts," or similar expressions, are "forward-looking statements." Although Inergetics' management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause Inergetics' future results to differ materially from those anticipated. Inergetics assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE Inergetics, Inc.
/CONTACT: Paul Cafiero, RLM Finsbury, (646) 805-2000, Inergetics@rlmfinsbury.com
/Web site: http://www.inergetics.com
The Wall Street Journal news department was not involved in the creation of this content.
Welcome back CN. Todays news is quite exciting being that Gummies are becoming very popular in the vitamin and supplement world.
DWH- If someone posts something that is 100% opposite to the real facts ; it is important that he or she be corrected and that is exactly what I did regarding CN's posts about NJEDA funds that will be coming in soon to the Company.
Also posting that I would rather hear news directly through announcements from the Company rather than from a speculator whose posting is most important to me.
As I have posted before CN is a great guy in that he shares what he learns from his DD with the Board. He is to be admired but in some cases he goes overboard with his cheering.
Shop Rite
Type
Retailers' cooperative
Private Public
Industry Grocery
Founded Newark, New Jersey, U.S. (1946)
Headquarters Keasbey, New Jersey, U.S.
Number of locations 250
Check out SHOPRITE Weekly Ad 1-12-2014 for Martha Stewart Essentials Supplements
http://plan.shoprite.com/Circular/ShopRite-of-Hillsdale/4487590/Weekly/1/12
Hypower and Jasper- Most huge moves come when you least suspect it. NRTI is a turnaround play and the upside potential is enormous. The waiting can be very frustrating but when the world wakes up to the turn, the move comes fast. Trying to buy into a move can be very hard as the stock can ramp up quickly. Patience is a difficult thing while you watch other stocks move in the waiting period.
As the KUNG FOO Master said "Patience Pilgrim"
The timing is perfect. Women get very upset that they packed on extra weight over the Holiday season and start to think about shedding the weight. The Cold will pass soon and women want to be in shape for the warmer weather. Great news IMHO
I would think that getting women to try the Martha Stewart supplements is most important at this stage of the launch. Deep discounting is a lot cheaper way to get the attention of users than TV or Print advertising until distribution is widespread.
$9.99 is a terrific price and most women won't mind spending that to try a new product line. $17.49 is pretty expensive until you decide you love the product. Last week I went to Walgreens and paid $17.49 each for the 3 bottles I bought for my Wife.
WALGREENS Promoting Martha Stewart Essentials Supplements @$9.99
http://www.walgreens.com/search/results.jsp?Ntt=martha%20stewart&N=359441
Stretch- This poster is upset that someone posted about NRTI on MSLO board. I cannot see anything from NRTI press releases and items coming into play that doesn't spell success.
Anastasia Ashley Tweets on Bikini Ready. Click on where it says view photo as well. Great PR from her
www.twitter.com/anastasiaashley
I just went to Winn Dixie web site and copied the Weekly Ad for 1-2-2014 to
1-14-2014
This Ad is Fantastic and they should easily sell a lot of product. I am amazed at this promotion!!!!!!!!!!!
http://winndixie.mywebgrocer.com/Circular.aspx?c=163685&n=1&s=302917789&g=972edd23-c9f8-494a-b828-9455cdef616c&uc=30D17119
Dennis, are you going to buy the Bikini Ready product as well when you go to Winn Dixie? Please take a picture of the display at the store and post it so we all can see.
Thanks
dwh, The NJEDA program is fantastic for NJ based companies that fit the requirements to participate. $5,000,000 free and clear money is a huge boost to getting the products in the market place and doesn't cause dilution nor debt.
Once they turn profitable , they will be subject to NJ state taxes like any other profitable Company anywhere. They still have over $75,000,000 in Federal losses carry forward as well.
I want to thank Michael James for finding this program and also for doing a great job in turning Inergetics around.
The only reason I corrected CN was that the information I posted about the NJEDA funds that the Company will receive in January is NON DILUTIVE and COMES with NO STRINGS ATTACHED and NO PAYBACK at all, unlike what CN posted.
I do like reading all postings and do APPRECIATE the terrific work and time CN takes to relay his comments to the BOARD.
CN , again I will try and word my comments in the future in a less aggressive tone.
Happy New Year to ALL including Zekester.
I don't want the reins nor will I do the DD for the board. You seem bothered by getting the true facts from another poster.
Now please move forward and if you prefer, ignore my posts.
Happy New Year
CN. You didn't make a little mistake in your posting. It was a major distortion of the facts.
There is a huge difference between receiving $3 million free and clear verses Receiving funds that you have to pay back plus interest.
You keep trying to state you were correct in your posting but you were flat out wrong.
I am not your enemy and wish you nothing but good fortune. I hope you make a fortune in NRTI.
Please let's move forward and let's try and be civil to one another. You mistook my posts as nitpicking but it's not nitpicking when someone posts something that is extremely different from the true facts.
CN- I am now satisfied that you understand the NJEDA Tax Certificate Transfer Program.
In the future , please be sure that what you post is accurate as there are many people hanging on to your postings for DD.
I do my own DD and post only what I know is correct.
Happy New Year to all on this board.
Cheers as CN would say.