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Once again thank you.
As a shareholder who has been burned so many times by promotional stocks, I want to thank you for all your hard work. I do know that you have a vested interest and so do I. Thanks for the hiring of the IR guy. Whenever the MM get rid of the Redwood stock, this should sky rocket. The reviews of the product sound great. I am waiting for the capsule form because I have headaches all the time. Thank you again. Hopefully there is light at the end of the tunnel and it is not a train.
How about Nate delivering on some of the promises. Then I will stop the negativity as the outstanding shares continue to mount, but of course there is no dilution. Just holding him accountable.
Any bets that the distribution will not start February 1? Still waiting on many unfulfilled promises of the past. History has a way of repeating itself. I am not saying that there is not a deal, but it might be May 1. I thought it was a little bit suspicious that Nate would not file the necessary paperwork. This would be their first sales and I would want the world to know about it.
Could happen to a more deserving team of management. I will not shed a tear.
Any bets that this time table will not be met based on prior history? What excuse will they come up with for a delay, if any? Still waiting on the shipments to China and that exclusive deal last April that was supposed to come to fruition in August last year!
On December 8, 2016, we met with the senior buyer for Bristol Farms grocery stores. Bristol Farms will become our 1 st retail grocery store customer. Bristol Farms is an independent grocery store chain in California focused on marketing to an affluent customer base. We have provided Bristol Farms everything required to complete the vendor certification process. The buyer is preparing purchase orders for delivery of Nate’s Homemade Pancake and Waffle Batter to begin after February 1, 2017. We are currently setting up a schedule for in-store demonstrations at Bristol Farms stores in order to introduce customers to the great taste, convenience and simplicity of our product.
Nothing says an affluent customer base more than pancake batter out of an can.
It looks as though we will have to wait till the end of May for any action, if any.
The valued shareholders are not buying into the vision of the ownership.
Their salaries are about three times the market cap. And the shareholders do not support the vision of management.
Its kind of funny that the people predicting a dollar are now selling into the pump (it is really not a pump, bit a rally. BIEI is about to become a revenue producing company with products to sell). So much for credibility.
Mr. Hartman:
The clock is ticking and your credibility is at hand (after the Brazilian jv pump). The toxics are flowing. Eventually, the shareholders are going to say no more.
That is why I bought in November a year ago. You did not need any FDA approval. Lorraine stated that 2016 would be the year of sales. It seemed like a slam dunk case. The sponsored a nice 17.41 valuation. The company had just undergone a reverse split. In an interview, Lorraine stated she had learned from her past mistakes.
Then came the 22,000,000 liability of past comp out of nowhere. And you know the rest of the story. The entitled deserve their money while pontificating. Why pick up the phone and make sales to all the Fortune 500 companies when you can get paid by issuing toxics and revaluing stock options. Around 15,000 in sales is pathetic. My favorite is that they hired a guy for sales at about 150,000 a year. Wow. The shareholders are just not buying into the future vision of the company (and apparently neither are any investment bankers). According to the last filing, the terms of the agreement with Wellington have been altered.
My guess is that nothing will happen until May. That is only my guess. The next filing around February 15 will disclose something (only a month away). There is no money to support the 1,000,000 payroll.
Interesting. A new director. Maybe this stock still has life.
The filing made it very clear that they had no money. How would they launch a product without cash? I am not a fan of this dilution, but they are working toward a product to sell. They may not have advertising, but the person in the joint venture who has ties with the NFL seems to be a go getter. Biei needed at least 25,000 to get going. You probably bought in wanting to make a quick flip and got stuck with shares at a much higher costs (been there and done that).
I am not a fan of Hartman because of the failed alledged Brazilian joint ventures, but a product is going to be sold and we were all warned in the last filing that dilution was going to occur. You need money to operate a business. I am at a loss too. I am not happy, but I do see a reversal in the future.
What event will cause the massive buying to break this thing out again? At that time of the prior breakout, the powers to be redesigned the website and clearly stated that Wellington Shields was the exclusive investment banker and the Ruth Group was reemployed as of November 15. Before that time, there was silence again after the worst filing ever in my opinion of August 15th k. The redesign of the website gave the shareholders hope and the pump boys were posting. Well, we all know what happened.
7.75 to .016 That says it all.
Well it is official. Did not reach 17.41. 2016 was not the year of sales, but a constant flow of toxics and the hiring of additional staff which produced a total of around 10,000 dollars in sales.
I guess its time for some conversions of preferreds to come out of the blue and more bonuses for their hard work.
Damage has already been done. They will get no more of my money. Trust is an issue.
The Fab Seven cannot understand why the valued shareholders are so angry at their decisions, when our decisions were based on statements that were under their control, but never happened.
Any bets on the next Q they will reprice the options (again) and declare bonuses for their hard work that goes unappreciated by the shareholders as the stock went from 7.75 to .0175?
They cannot understand why Wellington changed the terms of the contract after that Q. Wow.
There are no more loyal shareholders after the 2016 fiasco to buy toxics. The Fab Seven will have to sell.
How will the fab seven get paid? When will all those notes be converted.
How will Lorraine get her 22,000,000 of unpaid salary?
I used to feel sorry for Mr. McGinnis who sold his company for shares for $125,000. Now his shares are nearly worthless. However, his products helped spark around 4,000 of sales. His contacts with all those distributors may not have been as strong as we might have thought. When you go on the website to see all the distributors of the products, one would be impressed, only to see it generated around 4,000 sales.
According to shark tank, something is not adding up.
I guess the hire of vp of sales was really productive at around $150,000 per year.
The company then needed another guy to account for the sales for around $125,000 and another person was paid in shares.
A lot of money went into producing that $55 per day.
But once again, the shareholders did not share the same vision as the Fab Seven or the Millionaires Club.
Do you think one of the seven six figure key players will take the time to send me one? I know they must be concentrating of sales.
They wanted to play with the big boys by going to Nasdaq, but they forgot one thing:sales.
One more day to hit 17.41.
So are you saying there is still hope?????????????
No shareholders buying into the business plan?
It is a shame that the shareholders just do not see it the way the millionaries club does. Those shareholders just would not keep buying those toxics so that the management team could pontificate.
2016 was to be the year of sales. Funny how you add about 10,000 in sales with an addition 600,000 of salaries.
Looks as though bonuses are in order for another fine year for Mark and Lorraine. 7.75 down to .02 in record time. The ironic thing is that they have multitudes of products to sale. If the toxics were used to buy inventory, the shareholders would be more forgiving. I know that I would.
We have the refiling of the law suit to look forward (Lorraine hates toxics) to and our exclusive deal with Wellington for 2017.
Wellington and the Ruth group have added so much to the mix as the share price stays at .02 and no volume. How will the doors stay open? I know a lot of lenders are lining up to lend money money to a company with a 22,000,000 accrued liability conversion for preferreds. Looks as though management continues to look out for themselves. However, in 2017, there will probably not have a large, enthusiastic shareholder base.
Lesson to be learned: management should care about the shareholders. They floated the company and not sales.
The share price and volume says it all.
With high priced talent like that, you would think we would get a 2017 letter to update the shareholders on what it has in store.
The only thing that I got from the previous filing is that they are going after the illegal shorts from a year ago when the super attorney messed up.
They were also trying to maybe get some financing through a sub.
A lot of high priced talent not getting paid.
I guess no new videos for the holidays for the valued shareholders.
When I get a mortgage or buy a car or use a credit card, can I use the excuse that you lent me the money on x date and things changed. My bad.
How can these CEO's make statements like that and not be accountable?
I remember the video ooh so well. I was so optimistic then. The exclusive deal with one Big Pharma and 2016 was going to be the year of SALES.
Spoke too soon. Now in the .004's with the Sound of Silence.
The shareholder fan base is tired of buying toxics without any results or news to get them excited.
As long as there is a story, retail will buy the toxics to flip. However Hartman is running out of options here. In one interview, he promised sales around October. So I bought and lost around 75% of my investment. He came out with another interview and I bought again because of the strategic plan. If the fails to deliver (sale will begin sometime is spring), he will have no more credibility with me.
I did not buy this time last year when those Brazilian partnerships were going to make a ton of money. I decided to use my money to invest in another company and subsequently lost 99% in a record plunge of lies and deceit.
Credibility is also an issue here with me. How these companies sell a story and never deliver and never get punished I will never know. In this case, imo, BIEI appears to be legit with some bad luck. However, the timelines keep getting pushed out.
I hope to pleasantly surprised because they are in a partnership with somebody who can make a lot of money. His contacts should create a lot of sales with pain. I know that may investments have caused me much pain.
Hartman needs to do another interview basically promising that all the investors will become wealthy. Unbelievable. You would expect some sort of update.
At least to give us a plan of execution so that Big Red can blast us with toxics and drive the price down. But the shareholders keep buying and Big Red keeps blasting away.
They are entitled to do whatever they want. Unbelieveable.
GNID is their last hoorah. No more shareholders to buy the toxics. The burnt ones remember.
Perfect summary.
The declaration of the 22,000,000 liability after the close of the year, but during the first quarter of the year, set the tone for future negotiations. If I was a lender, I would not like the see that potential liability of the books. But the hope of the Ruth Group as a consultant and a deal with an investment bankers blinded me to reality. I did not want to miss out as the toxics flooded the market. The SUITS had to be paid. The suits are entitled to their entitlements.
Power to the people.
I would love to pay some capital gains tax on the sale of GNID. I am not even close to breaking even. Unfortunately for me, it was this time about last year I got suckered into the hype. I am certainly glad that Lorraine had learned from her past mistakes and hated toxics and 2016 she was going to concentrate on sales.
I been told that I need to look at the bright side. GNID did increase sales to around $15,000 for the year.
With a payroll of around 1,000,000, another round of bonuses is due and a repricing of the options.