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?? Are you responding to a post from well over a year ago?
Nope it appears that it is not. Good call last year.
Wow you nailed that one. I guess I gotta punch myself in the face then.
And how is that relevant to this company? If you have been around since 2014 then you know exactly what this is.
By the way great time to pump the stock. 7 months deliquent (by the way they will most likely never report again) Remember that record harvest?? Yeah that was a lie and thats why he most likely will not report that 10k or anything for that matter . They are trying to avoid the lawsuit not add fuel. Oh yeah did you do you research on the convertible notes that are coming up? I'm thinking no. Since george lined his pockets with a bs toxic financing deals that will exercise instantly because of strike price.
George is a self indulged greedy selfish scumbag... He should have informed investors when the core of his business went south instead he decided to start not reporting and let investors figure it out for themselves.
Put your money where your mouth is. Email me at burton1179@yahoo.com. On monday email me the time you will put a bid up. Throw up a bid of 300k+ at .028 and I will fill you all day long. I still have a ton to sell.
And trust me Ive been selling on the bid for quite some time now.
Whats happens when they go current? The curtain will be raised on their smoke and mirror operations. Their stevia business is a failure -fact. Their IPs are currently worthless... Maybe years down the road they hold value if legalization occurs... But the company like I said is smoke and mirrors. Its just george and jessica. There are no employees/consultants anymore -fact. The mice have left the ship. Theres only 1 rat left.
If you know anything or check my last 2 years of posting I was their biggest supporter. George is a liar and a crook who capitalizes on whats hot and trending. Stevia ops...ha.. I just found out for my self its a failed operation. Thats why they dont mention it. Ive been trying to unload shares since dec. I once had 1.5m . This company would face a lawsuit with some of material they put in press releases. Unfortunetly they have no assests to go after.
As far as deliquent fins... George is a liar...I did my own investigation because I had $138,000 invested. He lied.. He went non reporting on purpose. The 10k would show the gig is up.
One of the biggest investment mistakes of my life. I appriciate you coming here and pumping though it helps me unload big blocks.. Ken appriciates it too he has 2m compensated shares to sell before 1.8m dollars..not shares in toxic notes are due soon. (reference last 10q)
I see the ticker changed. I do not hold shares anymore so not sure if the value got crushed. I see they painted the close yesterday to .35. What a joke. Like I said this will be a $2 stock.
Yeah I'm not thinking so. Fool me once with the first RS ....you cant fool investors twice with those same statements. The RS will happen and then you will see a gradual sell off to around $2. Current shareholder will see no value in their investment going forward. This is setting up for future investment potential, but current shareholder will get the shaft once again.
If they really had something here they would have been able to pull more private VC funding and less stock dilution and splitting.
I just sold my position after some thought. Bought in around .16. Should have sold in the pop to .60.
I agree with MD in that of crappy mgmt. when it comes to its financing and maintaining shareholder value.
Ok so instead of US rollout information we get the S1 about uplisting and performing a 1-18 RS. I know this was mentioned awhile back. I don't know if this is a good one to hold through. I would assume if you believe in the company and it will have continued success on Nasdaq then it may be a good long term hold.
Was really hoping this challenged $1 before they split again.
Thoughts on value short term and long? I'm torn on this one now. I would have thought they would show their cards with US rollout to keep investors locked in. When would this RS take place?
Well when a CEO flat out lies to his shareholders he loses all support.
Agreed, stay patient. Eyes are on the companies next move which includes their US rollout and strategic product placement agreements.
I don't work for the company or have any inside information so as far as when the 10k and now 10Q will be released I do not have that info. From my conversation and forming my own opinion I was under the impression they were pretty much done back in late December. So what has transpired now is unknown to me. I honestly feel like they are done and being kept back on purpose.. that's my opinion.
Are his plans for Stevia Corp going as expected? In my own interpretation and opinion the answer is no. The Stevia operations although generate nice revenue are not currently operating on a profitable level. That is why the company took out toxic financing in 2014 after appearing to shareholders like they are producing nice revenue and cleaning up their balance sheet. You can see that in the filings. From our conversation, it seems they are now having operation and soil issues in Asia. Their goal is to build a facility in Vietnam I believe to get the Stevia operations back on track but I don't know anymore then what was already discussed in prior PRs and filings.
The company had an ace up its sleeve with CBD IPs but that is now on the back burner due to gov't restrictions currently.
Technically they do not have an IR dept. as you had asked. Ken is a compensated consultant that handles the IR calls due to his past experience. They are not updating IMO because there is literally nothing to talk about at this point. They are basically just functioning. Nothing breakout like they stating in the conference call mainly due to the CBD side not being able to launch.
There is value here though. To me it seems this company has been made out to be more then it is. Trading at .08-.11 . Nah it probably didn't warrant that type of PPS. But even giving the current state of the company this price is embarrassing for them and they know it. But they caused it as well.
Don't get me wrong this company has a lot of issues internally and George choosing to not file for whatever reason has put the company where it seems they are comfortable with. Non-reporting.
The problem lies here as to why did he elude multiple times that they would be current and hit deadlines/re-list..ect. It has been 5 months and another 70% loss on the stock since those statements to his shareholders. That is my problem... and its a big one.
I talked to him already for about an hour and a half before xmas. What questions are you looking to be answered? If I can answer it and it was talked about I will. But I'm not going to write a 3000 word write up on our conversation, that's why I've haven't chimed in.
Unless you contacted him and he agreed to meet you there you are wasting your time. Its a virtual office. Most likely a room in an office building where they keep their files and whatnot but there is no daily operation taking place out of there.
News Out!. US rollout to take place in current quarter.
https://finance.yahoo.com/news/labstyle-innovations-launch-dario-blood-130000026.html
Anyone want to speculate why this isn't generating any new investment interest. Its actually below the price of when it didn't have the FDA clearance. Thoughts?
You weren't wrong? Your guarantee fell a little short as no one loaded in that time frame or since. Its been all selling with no buying pressure in fact. So yes, you were wrong.
Nope . They are OTC stop. They do not have to report a thing.
Guess you were wrong partner. Well in your defense I could also take a dump in a box and label it "guaranteed" piece of sh*t
At this point its not that the CEO has "forgot about the shareholders". It more that the company has nothing relevant to report. Its most likely that aspects of his business plan didn't materialize like he had thought it would in 2015. If that is in fact the case then the delays or hiccups in the business plan should have been relayed to shareholders instead of enticing more with PRs. The second that the 10k and 10Q missed the extended deadlines weekly updates should have been provided. I now suspect that they are not that good and this was a strategic delay. For their sake I hope that is not the case as they PR'ed they "didn't see any foreseeable reason they wont meet the extension deadline".
The fact that George hasn't held a conference call regarding the poor management and company fumble on the financials is baffling and shocking. The audit company is waiting on George and always has been. Don't let Ken let you think otherwise.
I said 2017 for 2-3.
Correct. Find me another FDA approved medical device company trading at .49.
You won't...there is none. Add this to your portfolio and just sit on it.
It will be $2- $3 minimum by 2017 guarenteed. They will be cleaning the books of debt and past notes and replacing it with institutional investors in 2016. This will be a breakout ticker.
Nice consolidation here in the upper .40s
Next leg coming. Next consolidation will be in .60s. Chart set up. New highs posting on the weekly. Keep on eye on the upper Bollie
Correct. The RS is defined as the companies last ditch effort to raise needed capital to operate. They did one in the past and it got them here to FDA approval. No longer a needed option for the company.
No... they have FDA approval now. They will not need to sell the company down, restructure or take out an toxic financing. Should be an easier road now as the books will get clean fast.
Watch this one in 2016 for sure. Huge upside. Its got FDA approval now ... its not going to crash. Note all the patterns of stocks that get approval. Its always up. The channel has broken.
Sure, your right. But the upside here is huge at .50 . Institutional investors wait on that FDA approval. Not many of those ever stay under $1. They should be able to find financing easily now IMO. the books will be clean in a few months. Hold this one in your portfolio I don't think you will be sorry.
I don't agree with that, this is a quick pullback from a nice pop on FDA news. Investors have been waiting for this approval news. This starts to move up quick IMO. New investor money will come in 2016. I believe this is a great one to hold now with little to no downside. Looking good for DRIO in 2016.
Enjoy your Holidays
Congrats to everyone that held!
FDA CLEARANCE!......Boom folks. 1.00 by 2016
Bought this at .16 after the RS. I knew this company would bounce back. Looking really strong. Good times ahead.
The TA is not gagged . called last week. 210m OS.
Yes looking good here. Nice and steady
Well... I bet he wishes it was hundreds of thousands. Lets look ..
At STEVs 3 yr high of .32 his 55m shares were worth around 17.4m
That average we hung around for 6 months in 2013 of .119 his shares were worth about 6.45m
What are his shares worth today? Less then 1.5m. He should be sick.
But is that where you make your money?? Or is it in the warrants and convertible notes you issue with super generous strike prices ...
Clearly share price is of no concern here. You know the one mentioned when they continually strive to increase investor value. That cute little line in their PRs appeared at .10, .09 , .07, .06 .
Now we sit at .025
At this point a 100% gain brings this to .05. Still a 3 year low. Great job gentlemen
Call IR cell phone. I recommend everyone call this until Ken has to have his number changed. This is unacceptable... make them feel it.
917 670-9541
Personally I think they sold the stevia operations (5 month audit explaination) and explains no mention of any developments in over a year from the stevia side.. but who knows.
Yes and let me guess... " the audit is out of our hands", we are working diligently to get them done... and there was a particular investors that hurt us with his postings and contacted the SEC". Blah blah blah.
They ordered their own audit. Don't be fooled. They are stalling, and I'll start posting very strong opinions as to why if we don't hear from them by the end of the month.
Commenting that mgmt. is unaware of any derogatory information and should hit deadlines are pretty strong public statements especially IF they knew otherwise.
New 3 year lows hit today. Great job George. You now officially have no idea how to handle a publically traded company.
Ken your also doing a fabulous job advising. Keep up the excellent team work.
Anyone ever google Ken Maciora's name? I myself like the forbes write up on his IR company empire relations. Everything he touches turns to sh*t.
http://www.forbes.com/forbes/2006/0619/038.html
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Good find. This recording is an hr long and George has a lot to say.
Thanks
Would love to see that million in bid support ($38,200) start sliding up.
George and Ken need to sit down and have a serious evaluation of the company stock. While the audit is out of their hands. Other things are not. There are many ways to bring positive attention and interest here. Ken seems to be a pretty smart guy when it comes to investing so I'm sure he's well aware you can only peek out from the turtle shell so long before you have a stock valuation that becomes un-investible to real investors. Building a strong brand warrants a strong stock price. Otherwise ... its just another company using its shares to operate and has no interest in developing a strong investor base.
Your company stock is in a 2 yr downtrend. Your trading at 3 yr lows. What's your play here George? What valuation are you hoping to see for your 55m shares?