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For some reason there is a substantial amount of shares to sell.
It just does not smell right.
This stock should have some momentum, but for whatever reason(s)it is being capped.
K-Cups coming in 1st qtr 2015.
As much as 15 million in additional revenue is projected.
Cafe La Rica Espresso Coffee quoted Bob Marley on their Facebook page.
Curious.
CLR and Jammin Java tie up down the road?
My rumor of the day.
No positions held in either.
Monitise America retweets an article about Amazon wallet. Coincidence that Markco Media works with Amazon?
And it's not really a 3 million dollar contract. Don't they share half with their partners?
As a perentage of revenue it's not really a lot.
Only 22 thousand dollars so far.
Most good corporations have a charitable giving arm.
And of course there are some investors who want to see this type of thing from a corporation.
My understanding is that the money comes from the purchase of specific products, and the buyers know some of the money goes to charity.
It is not hurting investors at all and it is helping people.
Someone at the conference in New York asked why Youngevity wouldn't do a reverse split now.
And Briskie replied that they will probably wait 1 or 2 years until they were more established in international markets.
It may be that investors are waiting for a reverse split before buying in.
A few other reasons may be they don't like management.
They don't want to invest in an MLM until any issues with Herbalife are resolved.
Or they want to see a couple more quarters of revenue growth that trends more toward the bottom line.
It is still a wait and see stock. I guess.
Waiting on all the contracts that were to come after CLR Roasters attained SQF certification last September.
10 months later and we have not heard anything except for a few green coffee contracts announced in May.
But nothing out of the roasting plant in Miami this year.
Kind of quiet on the coffee side.
I hope they have some sales activity.
Kass by preference goes long and short.
Kass gets more grief from being noted for his short selling.
And being a trader, randomness is often part of the game.
Cramer does not trade.
His portfolio is long only, and are longer term investments.
But Kass also holds longer term. He manages a hedge fund and has longer term holdings as well, but will also trade around those holdings.
You have to monitor the market minute by minute to trade along with Kass.
Some house keeping.
As a follow-up.
I sold some of my Youngevity last year to trade CVSL.
Did very well.
Traded around the remainder of YGYI earlier this year and finally sold out and put the remainder of my cash in Monitise trading otc as MONIF and on the LSE as MONI.L
Expectations are for a triple or better in the next year.
I have no remaining positions in either YGYI or CVSl.
But I am still waiting for an opportunity to get back in YGYI.
But I probabaly will not sell any Monitise for a year or more.
It's an investment. But it could be traded because the volume is outstanding!
Good luck.
Ouch!
John Rochon, a former director at YGYI is heading up CVSL.
Well CVSL hit 98 cents today.
And you could have purchased CVSL within the last year for 21 cents!
He should have been running Youngevity.
But the Wallachs are doing it slow and steady.
Thanks a lot.
I think you could be correct.
stock catching a bid.
improved volume.
follow through maybe?
we'll see.
But what if overall revenues of the company are reduced as a result of new FTC rules regarding MLM's and the way they sell their products?
I believe the company is on the cusp of doing some great things, but governmental regulation is my greatest concern right now.
What might mitigate my concerns is if the largest portion of revenue came from international markets.
But that has not been realized yet and may not be for several more years.
The coffee division is on the right track, but they still have a ways to go.
But optimism is always appreciated.
Thanks.
Scott was the President and Chief Pumping Officer.
Briskie was the CEO.
Yes, I know. Sarcastic.
I like the company, Youngevity, and how it is finally forming a strategy for the long term.
And I can finally see it taking shape and how the growth stage will begin.
But I don't like the stock and how it is acting.
I want to take another position, but while there is some bidding, there also is a considerable amount of selling as well.
It seems to me there is still a wait and see attitude to see how the second half of the year comes together and whether or not the international divisions will see more than token revenue.
That's how I stand right now.
Kind of neutral but wanting to buy at some point.
By the way. Did you see the CVSL plan of John Rochon. A reverse split and an apllication to the NYSE.
I understand.
It is not because I have opinions of merit, it's just that I am giving them that is the problem.
I will call it a day and wish you well.
I have owned in the past and find CVSL interesting.
You apparently don't like shared opinions from all sources.
There is no way one director can stop the FTC from changing the rules for an entire industry.
The Direct selling industry.
Sure.
But Cantor is getting paid.
Big difference.
And don't ignore investor expectations a company should be capable of growing organically as well as through acquisitions.
At least those are my expectations.
My opinion.
I think CVSL is going to have to show some organic growth in the next several quarters from the investments they have made over the past year before they can be taken seriously.
Not saying they can't.
But that is what I want to see.
I also worry about the changing whims of government regulators with both CVSL and YGYI.
Now how will the stock react.
Reverse splits are not normally good news for investors.
But as Cliff said, this one is different than the run of the mill reverse split, where a company tries to avoid a de-listing.
This would be an up-list to the NYSE.
By the way. I do not own any CVSL shares.
I believe Rochon is in his mid 60's and Wallach in his 40's.
So, by the time this would happen, Rochon may be ready to retire?
The NYSE still has to approve it.
Approval of a press release and approval for an NYSE listing are two different animals.
My theory on CVSL.
CVSL will do it’s reverse split and attain NYSE listing.
YGYI; a company with an almost identical business plan is also planning a reverse split in 1 to 2 years and a NYSE listing.
Both companies know each other well and their executives have a history of working together. Rochon was a YGYI director, and Scott Pumper of CVSL and Dave Briskie of YGYI, ran the former Javalution which merged with Youngevity.
If both companies attain their stated goals, I would see a merger of the two in about 2 to 3 years.
My conspiracy theory is that this has been the plan all along.
Both aquire companies separately for faster growth and then do a merger down the road.
Sounds plausible to me.
But the NYSE may not approve the CVSL application.
Not a done deal yet.
Reverse split. What's the ratio?
A one for 10 or 15?
Didn't Rochon say there would never be a reverse split because he did not believe in them and did not add to shareholder value?
I think investors are taking a wait and see attitude.
Some of the revenues that are expected to be generated won't occur until the second half of the year.
I also think that the MLM component may be a hindrance until the Herbalife "issue" is resolved.
And some investors may not invest until they do a reverse split.
Still some important questions to be resolved.
Don't get me wrong. I look at them with a skeptical eye, but I do think they are on the right track. Finally.
But I am still in a wait and see mode as well.
The stock price says it all.
So it is really only 1.75 million dollars in revenue that they receive before any profit or loss.
So the plantation is a "partnership" and CLR or Youngevity only receive 50% of profits. Correct?
Perfect summation.
No I did not.
But they know what the sentiment is out there.
After the merger with Javalution, Wallach owned 280 million shares.
Then for whatever reason he was awarded 2.5 million stock options.
For what it's worth.
https://www.sec.gov/Archives/edgar/data/1569329/000141588913000806/xslF345X02/form3-04242013_050434.xml
Did I read the 10q correctly.?
CLR bought a coffee plantation.
But the sellers of the plantation will receive 50% of the profits?
Yeah I thought the same thing.
Obviously down-played in the report.
Let's see how the stock reacts.
It's moved up from the upper teens to mid 20's.
Will it continue or back to the same old dump.
By the way. Did Briskie say what the "extraordinary" expense was at CLR?
Went to the Taglich Brothers web site and registered to listen to the YGYI presentation today.
Learned some things.
Here is the link but I am not sure it will work for you unless you register.
http://www.wsw.com/webcast/tb6/ygyi/
Due to the contractual restrictions in the Beyond Organic agreement Youngevity was not allowed to issue a public press release regarding this acquisition. "PUBLIC PRESS RELEASE"
This was released only to those on their email list.
While the company has some issues as all companies do, I have begun to rebuild a position in YGYI.
Investor relations told me they were "well received" at the investor conferences.
5 year 11 million dollar coffee contract.
Did they publicize this?
Supposedly signed it in Q1 2014.
To fill single serve packs. The minimum filled in each year will be 1.1 million units.
Anybody?
By the way. I thought Cafe LA Rica was to be available at Walmart online. Have not found it there. Am I wrong about this?
This what I would do regarding YGYI the stock.
If you feel there will be no regulatory issues on how MLM's conduct business ala Herbalife, then I would hold.
But as I have stated earlier, I no longer own the shares.
I will also state that I believe YGYI is in full compliance of all current regulations, but that does not mean the rules could not change.
Youngevity does have the coffee division, and the international markets are, as of yet untapped. They can mitigate a hit a on how business is done in the U.S. if the FTC feels changes are in order.
So even if the feds change the rules, Youngevity still has a chance to be a winner.
But the FTC's review of Herbalife needs to be watched.
Not an expert on any of this though.
I am also looking to start another position in YGYI at a future date. But I will start small until I see some clarity regarding the FTC and Herbalife.
My opinion.