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I know...billions more shares to dilute.
I think this is a fairly accurate assessment.
To summarize what is happening...
This is the Walmart carrot all over again, but this time people aren't buying it. BW is saying we are on the edge of exponential growth with Circle K, 7-11, and now Red Bull (blue, red, silver truck tweet). Meanwhile, he is going to dilute more shares (which he just did) to fund this "growth". What is actually going to happen is a few franchised/owner operated 7-11 and Circle K stores will be stocking the product, and BW is going to re-paint his trucks with new branding. Minimal growth with large dilution.
I was positive on this stock for a couple of years, but now this is only going to go one way. This is about selling shares and not soda.
Don't worry...he'll sell more shares to give himself a healthy pat on the back.
What town?
I'm starting to agree that this is nothing more than a turd scam as you once eloquently put it.
I never thought we'd agree on something, but that day has come. BW is doing a lot of misleading here, intentionally, and I doubt the ice cream or the Cheech and Chong deal even exists.
As an obese person who loves ice cream...it was plainly obvious Daisy was holding a B&J container.
:) I'm glad you put the "not" at the end. For a second I thought you were BW himself.
Ben & Jerry's denies that they are working on this.I don't have the original e-mail I sent to them as it is sent via a form on their website. Here is the response I got.
http://i.imgur.com/B7bQalM.jpg
My original e-mail linked to the television interview, I pointed out the obvious Ben & Jerry's container, and I asked if they are involved.
You are missing the point. He is intentionally misleading people into believing that Ben & Jerry's are going to be manufacturing his product.
Would it be ethical for me to announce that a major computer manufacturer is going to be releasing a line of my laptops and use a Macbook Pro with my logo taped over the Apple logo?
I sent an e-mail to Ben & Jerry's. I watched the video and they shouldn't be putting a Cheech & Chong sticker over an obvious Ben & Jerry's container if they aren't in business with them.
Thank you. It's hard to figure out what is real and what isn't among the hyperbolic bipolar statements from this board that range from "This is going to the moon!" and "BW is ripping everyone off!". I believe the truth is that Koma Unwind is a good product that is trying to serve a niche market which already has a leader (the can with Bob Marley's face that I've seen in every major grocer around my area). Now they are trying to carve out an even smaller niche market with ice cream, but trying to bank on the Cheech and Chong brand since Bob Marley is already taken.
Doesn't that open BBDA to a lawsuit from Ben and Jerry?
Are they really in business with Ben & Jerry's or is it speculation?
I wish. If this thing hit a nickel (impossible with this share structure) it'd change my life. It'd be a lotto win.
I've been buying via Scottrade.
Is anyone buying at .0002? I've had a sell order open for weeks that hasn't executed with Scottrade.
Are there any hyperbole-free no-bullsh&t opinions on where GARB might go?
What makes tomorrow any different than today? Why not today? The fact remains that there are a few billions reasons this stock is doomed to triple zeros. BW doesn't care to change that.
So what you are saying is that Brian is manipulating the price down so he can buyback a few million at a time?
Classy indeed. You can hope that they are buying back, but history and logic says otherwise.
$10k worth of trades per day, and your logical conclusion is that the company who keeps authorizing more shares is the one buying them back? It doesn't make any sense.
What's the rumor? 20 billion new shares?
I think you are dreaming. It's at 9.8 billion because they are bleeding the stock dry before they create a new shell and leave the current investors hanging. Mark my words.
I've been holding my breath for two years. I'm dying over here.
The company is essentially dead. They are supposedly restructuring, but no news as of yet. You're better off buying lottery tickets than shares in this company.
That's what I'm getting at. It's a "You can lead a horse to water" type of question that I'm asking.
I'm not trying to be a negative Nancy here. If I were running a small, but growing beverage company I'd be a braggart about all of the new deals I'm signing. If I were paying to release a PR it'd be full of details so people could pat me on the back. Unless the PR is just to blow smoke up the ass of people who are getting impatient. Then I'd write up a loosely worded generic PR with as few details as possible that sounds like really big news.
The "big news" was that they signed an agreement with a beverage company they didn't name to cover a few states on the east coast. If you are paying the $700 to release a PR why wouldn't name the company you are doing business with?
Proof you sent it to the SEC?
I've got a bid in for one million shares @ $.0001. Bets on how soon those get filled? My guess is before Christmas.
When will the reversal begin? Probably when he stops selling shares. When will that happen? Who knows...he said they were ending market capitalization in his PRs while selling shares.
The man isn't truthful, and certainly doesn't give a damn about the shareholders. Best of luck.
I had about a half million in there somewhere. I'm done.
You can't prove "real revenues" written on an unaudited statement made by the company that is selling the shares. I'm going to create a PDF showing you that I have zero debt and made $2 million last quarter. You'll believe me, right?
How does updating a mediocre website = a buyout? Pump much?
With continued issuance of shares to undermine the growth of the stock.
Depends how fast you eat it.
Dream Kream? Really? Isn't that a problem amongst male adolescents?
No. The CEO has stated that the PPS is not a priority, and he will issue as many shares as neccessary to support his business goals.
Sinking ship.