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I've been here a long time and am not a kool aid drinker by any means, but it didn't read anything like that . It actually sounded like they may be getting their shit together, social media stuff has really picked up too. Gltu.
Alkame Holdings, Inc. Shareholder Update
Marketwired MarketwiredNovember 14, 2016
LAS VEGAS, NV--(Marketwired - Nov 14, 2016) - Alkame Holdings, Inc. ( OTC : ALKM )
To our valued Shareholders,
All of us at Alkame Holdings, Inc. ("Alkame") ( OTC : ALKM ) thank you for your continued support. As CEO, I want to provide our current and prospective shareholders some important details regarding recent corporate actions and business activities.
First, we want to assure you that we take corporate compliance, disclosure and financial reporting very seriously. We are working diligently with our auditors to complete the 2015 yearend report, as well as all quarterly reports to bring us current in our reporting responsibilities. We expect to have these filed in the near future.
The reason we caught up and then fell behind again on our filings was due to unforeseen complications associated with our Xtreme Technologies Inc. acquisition. Xtreme had huge debt, no cash, and poorly crafted agreements hidden from us prior to closing, and that required an overhaul of the entire structure, and terminate certain contracts with customers to "stop the bleeding". Even with these efforts, resolving the matters took time and created a tremendous drain on Alkame's cash flow, in addition to the time and effort of senior management to turnaround and clean up the Xtreme operations. We did this because we believe the value was, is, and always will be in the water technology and patents we acquired. Management decided to focus on fundamentals and work on the Xtreme turnaround first, conserve cash flow, and cut overhead while working on the restructuring of our business model rather than expend precious financial resources to maintain our public financial reporting. These efforts are beginning to bear fruit, and we are now addressing the financial reporting needs.
We have had inquiries into why we increased our authorized stock to 5.5 billion common shares. The answer is straight forward. Our financing in the past years has been convertible debentures. These debentures mature over time and are converted into common shares. One of the clauses that is typically inserted into these types of agreements requires a large reserve of shares to be allocated to the specific holder. The reservation of these shares is tied directly to the specific debenture, and so once reserved, cannot be reallocated or issued to another debenture holder unless the specific debenture is paid off or fully converted. In our case, the shares required to be reserved far exceeded the authorized shares. To avoid legal issues, we were required to increase the authorized shares. There are also other business reasons for increasing the authorized shares. There are business opportunities that arise, which include acquisitions with synergistic companies. These are often best accomplished by using common shares as part of the acquisition formula. It provides incentive for both parties to make a smooth transition and growing the acquired operations. For these reasons, it was necessary to increase our authorized shares sufficiently that we do not have to worry about having sufficient shares for some time into the future.
While Alkame has been relatively quiet regarding public disclosure, we have always been busy working on growing our business and have made substantial progress in our growth plans. Aside from the turnaround of Xtreme, we continue to build and expand our distribution footprint for our Alkame Water line of products. We have significantly increased our sales force and representation. We've been working diligently behind the scenes, and our "Alkame Kids" water line of gallons and 4 liter sizes are now available through one of the largest natural products distributors in the country. National Distribution with Alkame is just beginning, and looking forward to improved profitability, and significantly increasing revenues.
Our "Alkame Aquaculture" division is progressing and received a big boost with the successful completion of testing the applicability of our technology. These tests provided very positive results with both a lowered mortality rate and an increased yield. These encouraging results embolden us to continue moving forward and begin applying our technology into commercial fish farming. Our leading advisor in the aquaculture space is currently exploring these opportunities.
We have completed the first phase of our planned upgrade to the existing "Pet" product offerings through the introduction of 2 new brands totaling 10 new SKU's and a much more diversified portfolio of products and services for this sector.
Finally, with Xtreme's restructuring, expenses and overhead have been dramatically reduced, and we have begun a repositioning of the company. A key part of Xtreme's new model is its entry into the "Hemp & CBD" sector, with formulations and lab work already completed. We expect the patented process of our water treatment technology to enhance the delivery system and bioavailability of the CBD for the body. One company has already announced its collaboration with us in this sector, with many more to follow in the very near future.
Alkame is very much looking forward to improved profitability, and significantly increasing revenues in 2017. Until we bring our filings current, any and all news will need to wait until the company can finish completing its reporting requirements. Rest assured there are many good things in the works for each of our subsidiaries. We believe all of these initiatives will result in explosive growth. Our business strategy has always been one of exploiting our water technology by developing multiple applications and revenue streams utilizing our existing infrastructure, and avoiding large capital investments.
In summary, our company is alive and well despite the many challenges and setbacks we have faced. We believe our business model, along with our exclusive patented technology is a great competitive advantage in the marketplace. The expertise of our employees, consultants and key industry contacts, represent strong competitive advantages for Alkame Holdings. We are evaluating numerous opportunities, which would support our model and growth initiatives. We will endeavor to keep you abreast of ongoing developments, and of course going forward, through our public filings.
Thank you again for your continued support!
Robert Eakle, CEO
About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded health and wellness technology holding company, with a focus on patentable, innovative, and eco-friendly consumer products. The Company's wholly-owned subsidiaries utilize an exclusive patented formula and technology to create water based products with several unique properties. The organization is diligently building a strong foundation through the launch and acquisition of appropriate business assets, and by pursuing multiple applications to utilize its Intellectual Property by placement into several emerging business sectors, such as the growing aqua-culture industry, consumer bottled water and RTD products, household pet products, horticulture and agriculture applications, as well as many other various water treatment solutions to both new and existing business platforms.
For more information, visit www.alkameholdingsinc.com.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure or prevent any
disease.
https://finance.yahoo.com/news/alkame-holdings-inc-shareholder-120000808.html
Quoting words is not, your Interoperating said words as desperate or what have you are. Thanks. Gltu.
Hmmmm, well interpretations are fun. I happen to not share yours, desperate people don't land massive deals with UBA As a penny stock CEO. However I always enjoy your opinions. Gltu.
Stop it... Lol, these obvious answers are an enigma. It's a conspiracy.
Desperate conference call? I was on that call too, nothing desperate about it, informing shareholders of banking regulations seems to be a good quality. Nice spin though. Gltu.
Boy I love losing super bowls is synonymous with boy I wish there were properties lol
Absolutely agree, more eyes the better. Thanks for the support.
Use your DD skills.
That's what happens when there are none. Simple stuff.
Well, fantasies are fun.
Every long and investor should read those training pages... It's amazing what is planned here.
As opposed to "it's a scam even though the SEC won't or hasn't shut it down." Whatever man.
Shoveling away. Scoop.
Dude..... Most appreciated words I have ever read on this site... It's nice to know some of us are just investors. Kudos.
Go through the post history here, I drove out the factory several times and posted pics of it to compare.
Not sure what the norm is, how many multi million dollar companies have you ran? I just know that's where it was and they were using it as a PR tool, and a good one at that. Clearly they are gearing their staff to resell.
Apparently we did.
It's all over Twitter, which is where I found it. Search hashtags #emailmoni There hordes of people talking about emailmoni right now. Pretty simple stuff.
It's a sticky. Click and read, in a pdf on Dropbox.
Listen, management is clearly behind on filings, but the patent and company are real. I've driven out to the factory, I posted pictures of it here.
Wrong. Here is the release about purchase and patent.
"Alkame Holdings, Inc. now owns the patents and rights on the proprietary technologically advanced process in water treatment systems for complete hydration and expands the Company's distribution global wide."
http://m.marketwired.com/press-release/alkame-holdings-inc-closes-acquisition-intellectual-property-assets-xtreme-technologies-otcqb-alkm-1985249.htm
Yep lol... It's just beginning and very obvious to see the train of thought and what is happening here.
Yes and yes. The defamation and material damage is very real. MYEC is going to have no issue pursuing these guys, the paper trail is public and noted. The property convention ran out of gas a long time ago.
Not to mention all of the garbage penny stock stuff he and his company "empire relations" have been involved with. Google is easy. Sounds like a good idea!
You're urging, but do you strongly urge? I think that perhaps a bit more urge, or emphasis on the amount of urge being used will do the trick. I know it would help change my mind. Btw, you should check out the UBA training doc, huge stuff happening with emailmoni. Gltu!
Just talked to Mr. Griswold, he said uniformly, "Little full, lotta sap."
Not the answer I was expecting, but provocative and telling all the same. MEC making waves with UBA. Gltu.
Yeah! This is just ballooning to all the avenues that UBA uses. Huge stuff and that training manual is the most concise explanation of how it works I've see yet.
Thanks man, updated the sticky! Way easier than pasting 30 images to a post lol.
UBA EmailMoni Training Manual! All longs need to see this!
This is the 30 page training and sales prep for UBA employees for EmailMoni. This is Indicative of the level of support we can expect. Big things to come!!!
https://www.dropbox.com/s/8v1i75yrviai8bd/Email%20Moni%20Presentation_2016.pdf?dl=0
Oh misunderstood! I'll get on it now. Thank you!
It works for some and not for others. It works on all my apple devices but not my pc if that helps. I just screen grabbed all 30 pages, and I'll upload them all and repost a sticky tomorrow for everyone.
Awesome!!! Yeah, best update I've seen concerning emailmoni yet
It's in the news tab
Working on it.
It's weird, it works for some and not for others. It's like 30 pages, I'll work on uploading the images. Gimme a few. It's worth the effort for everyone to see it.
I think Ed is a trustee, and the companies do not own them.
That seems to be what I just typed, and how I understand it as well.
I only know normal protocol, and yes, tentative judgments usually go with creditors unless contested. Ever dealt or settled a credit card before?
Have a good night.