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.
Rico a sales pro???
Gee, where does it say that in his resume?
Rico the stock promoter, con artist, CEO wannabe......
Those are all distinct possibilities but sales pro?
The only thing Rico is good at is diversifying shareholders assets into his pocket.
ATTENTION:
Please....
This stock did one trade at .80 cents on a big run almost two years ago!
The IRS issue was from over a year ago and has long been resolved!
Toxic financing is the only alternative for OTC companies n today's market. You will never see an OTC company raising significant capital any other way.
If we do not like it then we should not be investing in the OTC market.
Hahahaha..... That's great!!!
Take your money and run.
There is no doubt that you will be eating those words in a matter of weeks.
I just gave 3 excellent examples from previous press releases.
Besides that, Robert Rico has lied on his bio, lied about receiving a Key to the City of Miami for philanthropic work, lied about working with Pininfarina, the list goes on and on.
Listen, if it looks like a duck, quacks like a duck and flys like a duck then it's a freakin duck.
Keep that in mind when looking at what you think is the big picture as opposed to the reality of this company.
Remember, no one ever went broke taking a profit. EVERYONE should consider themselves one of the very lucky few to ever invest in a Rico deal and walk away with a profit.
I'm NOT a basher. I am just revealing the truth.
I'm sorry but that is not actually correct. A quick review of my previous posts will show where I posted verifiable data that shows that an 8K is suppose to be filed at the time of the press release.
Once a company actually starts implementing a stock buy back program they have to detail the purchases within their 10Q & 10K filings.
The only reason Robert Rico did not file an 8K is to fly under the radar screen. That's how he operates.
As far as being accurate with his actions....
He put out a PR announcing $100,000 is sales last November 2013 and nothing showed up on their financial statements.
He put out a press release at the beginning of this year about the launch of their Organic Apple Juice. It never happened.
In July, he put out a press release announcing in excess of $50,000 in sales for the month of June and it never made its way to their June 30th financial statement
He puts out this Authorized Stock Buy Back Program and then indemnifies the company by stating they are not obligated to purchase any shares in the program.
Are we seeing what I'm talking about?
In order to be better informed, I would suggest that everyone read the above sticky why PLKD did not file an 8K on their stock buy back program.
I think everyone will get a clearer picture of how Robert Rico operates.
PLEASE!!!! Let's try and keep comments legitimate!
There isn't an institutional investor in the world that is allowed to buy a sub-penny stock in the open market.
And... even if they could, it would never be based on rumors it would be based on the strength of a company's balance sheet and prospects with orders on hand.
A trade at .00049 is just a back fill for someone with an order in at .0005
No need to start making things up!
WRONG CPW13154
[color=red]<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>>
You had me up until you said real management!
Real CEO's DO NOT lie on their resume.
Real CEO's DO NOT lie about companies that they have worked for.
Real CEO's DO NOT lie about receiving a key to a city for philanthropic work.
Real CEO's DO NOT normally have CEO positions when EVERY SINGLE company they have been in control of has failed.
And, when every single company that they have ever worked for fails....
CEO's do not normally live extravagant lifestyles.
Real CEO's DO NOT put out fraudulent press releases about PLKD sales that never existed.
Real CEO's do not pay themselves and their Officers $450,000 a year salaries before the company generates a single penny in sales.
A real CEO would NEVER allow for comments on FaceBook stating "stay tuned for a multi multi million deal on Dec. 24th" without putting it in a press release first.
A real CEO would never allow misleading information to go on a public site i.e., Ihub's information box which is misleading by saying now available in 7-11's (it's only 3 stores) and his picture with a caption Robert Rico receiving the key to the city for his philanthropic work.
A leopard never changes its spots and we are fools if we think Robert Rico has changed the way he really makes money.... At the expense of unsuspecting shareholders.
Hahahaha.....
Try as we might we cannot deny the end result which is this company is going to finish up close if not over $9 million for 2014 with $25 million versus $16.1 million in revenues for last year.
What's even better is the fact that this company know has positive EBITDA and once they are done with interests expenses from these notes (that get smaller and smaller by the day) they will actually be showing net income.
Any investor with just a little bit of business knowledge can look back the full 3 years of their operations and see the consistency in their abilities to do what they say they are going to do.
No need for false alarms. They will not work. This company has too much of an operating history for anyone to fall for the "chicken Little" tactics.
NEVER HAPPENED!!!!
PLEASE SHOW US WHERE THIS CEO HAS LIED ABOUT ANYTHING!!!
POSSIBLY, YOU MAY WANT TO REVIEW ALL SEC FILINGS AND PRESS RELEASES FIRST!!!
COME ON..... SHOW US SINCE WE SEEM TO KNOW SO MUCH!
NO I THINK I'LL BE THE ONE TO FINISH!!!
YOU ARE WRONG MONEYMADE!!!
Possibly we may want to go to school and learn the difference between shares outstanding and shares authorized because a company's share structure does not include their shares authorized!
SCAM??? SERIOUSLY????
Let me guess... When the price of a stock goes down it must be a scam????
What kind of due diligence goes into a theory like that?
Please give us the analysis that shows that this company with its 3 years of audited operations and 30 branches in over a dozen states is a scam.
Feel free to dissect the information below so this "scam" theory can be proven:
2011: $165,000 revenues (audited)
-2012: $7,100,000 revenues (audited)
-2013: $16,100,000 revenues (audited)
- YTD Revenue for the 11 months increased 52% to $22.5 million.
-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1 million cash (PROJECTED) and positive EBITDA
-Growth from 0 to 30 branches in just three years
-Increased gross profit margins from 15% to 25% over the last 12 months
- Same branch revenue up 12.5% year-over-year
- Over 1400 customers
- EBITDA of $121,577
- Adjusted EBITDA of $344,731
Current outstanding shares approximately 60 million.
Is that a fact?
Why haven't they announced these new stores being added and why aren't they on PLKD's store locator?
I mean I'm still waiting on the additional 27 7-11's from their Sept. press release.
WHERE ARE THEY???
The CEO pays himself $175,000 a year and together with his VP and COO they collectively pay themselves $450,000 plus expenses.
Not bad for a company that as of June 30, 2014 had zero sales.
But now that they are in 3 7-11's and see fit to plaster it everywhere (as though they are all over the place) I guess a raise is in order!
We gotta keep that South Beach image alive!
Yes, as parents we all know how much we love for our toddlers to have stickers to put on our furniture.
GREAT IDEA.... NOT!
The only thing that stands out to me is that it costs twice as much for PLKD half sized water bottles than for its better recognized competitors!
I guess we can dream but one Presidente Supermarket and 3 7-11's does not equal a successful operation!
Possibly we can get some help in understanding the difference between PLKD's water showing up in 3 franchised stores and everything we have been seeing about "7-11 giving their stamp of approval".
I'd also like some clarity on how 3 stores is going to lead to national distribution through 7-11.
I'm sorry but I never extrapolated this 4 million a day scenerio so I don't know how to answer the question.
Trust me, if there were that big of an increase we would have seen an 8K filed disclosing that big of an increase in the shares outstanding.
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>
It's a guess but I would say about 65 million shares.
Ridiculous to see this stock so cheap!
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>
Come on, it's not like we don't know Robert Rico well enough to know that he is just pulling one of his magic acts in order to have some Christmas money.
Gee... I wonder where he's spending New Years with all this new found wealth???
I mean we all know he spends it as fast as he scams it!
WRONG saddam WRONG!!!!
In order to short 143 million shares of PLKD you would have to put up $357 Million Dollars in a margin account!
See anyone with that kind of dough looking to naked short this deal?
Please!
A better understanding of Trade + 3 will explain the difference between the deliver of shares and a naked short.
Of course "everyone" is laughing.....
Look at how silly these numbers are for a company trading under a penny:
2011: $165,000 revenues (audited)
-2012: $7,100,000 revenues (audited)
-2013: $16,100,000 revenues (audited)
- YTD Revenue for the 11 months increased 52% to $22.5 million.
-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1 million cash (PROJECTED) and positive EBITDA
-Growth from 0 to 30 branches in just three years
-Increased gross profit margins from 15% to 25% over the last 12 months
- Same branch revenue up 12.5% year-over-year
- Over 1400 customers
- EBITDA of $121,577
- Adjusted EBITDA of $344,731
Current outstanding shares approximately 60 million.
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG>>>>>>>>>>
<<<<<<<<<<WRONG WRONG CPW13154 WRONG WRONG >>>>>>>>>>
We will never see this company spend a penny to buy back any shares.
The first $450,000 goes to the Officers of this company with their rich employment agreements.
Forget about profits, where are the going to come up with money for cost of goods?
Not from the sale of water out of three 7-11's!
APPROXIMATELY 60 MILLION SHARES OUTSTANDING ON THIS COMPANY CURRENTLY!
A far cry from the fictitious billion share number being dumped we keep seeing!
Obviously some don't know the difference between shares outstanding and shares authorized?
Again, I ask.......
Just because a stock goes down does not make it a scam.
Please show us the evidence that would warrant anyone calling this company a scam.
Or...
Are we just making things up?????
I mean I don't see too many company with numbers like these being called a scam. Especially, since their numbers are audited:
-2011: $165,000 revenues (audited)
-2012: $7,100,000 revenues (audited)
-2013: $16,100,000 revenues (audited)
- YTD Revenue for the 11 months increased 52% to $22.5 million.
-2014: $25,000,000 revenues (PROJECTED) with the company showing $4 million in A/R, $1 million cash (PROJECTED) and positive EBITDA
-Growth from 0 to 30 branches in just three years
-Increased gross profit margins from 15% to 25% over the last 12 months
- Same branch revenue up 12.5% year-over-year
- Over 1400 customers
- EBITDA of $121,577
- Adjusted EBITDA of $344,731
Current outstanding shares approximately 60 million.
Why is it that every time I ask for a statement to be backed up with some sort of proof I'm ignored???
Hmmm.....
One billion to dump when the company only actually has 60 million shares outstanding is an excellent example.
Credibility is everything!
Something that happened last year and plays no relevance to the business at hand today!!!!
Scare tactics don't work because no one cares about something that occurred so long ago.
Let's find better material, this subject has been used and abused and has ZERO impact on the company going forward!
WHEN WE LEARN HOW TO ACTUALLY READ A FINANCIAL STATEMENT WE WILL BE ABLE TO ANSWER OUR OWN QUESTIONS!
THE IRS ISSUE IS LOOOONG RESOLVED AND A DEAD ISSUE SO WE SHOULD STOP BRINGING IT UP EVERY DAY. WE ALREADY KNOW THE TRUTH OF THE MATTER AND THE FACT IS THEY HAVE NO CURRENT IRS ISSUES.
Haven't I answered this question 50 times already????
There are many, many things that this company can do between now and when they come out with their 10K that could have an explosive positive impact on this stock.
Sell and take a loss with these fundamentals? I'm more inclined to recommend averaging down. This company isn't going out of business, it's going to continue to grow. It's only a matter of time before the stock is back to trading in parity with its operations.
Who know's? Maybe they'll take some of their cash and remove some of the shares off of the street?
At least we know they actually have the ability to do something like that!
Fingers crossed!