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.
Mmm I love this story
https://www.linkedin.com/in/victor-petrone-a77a5b1
this guy looks legit...keep digging.
Experience
CEO
Company Name
Petrone Worldwide, Inc.
Dates Employed
Apr 1998 – Present
Employment Duration
19 yrs 8 mos
Location
WESTON, FL
Petrone Worldwide, Inc. has over twenty years of dedicated sales, marketing and product development expertise within the hospitality industry; selling products into worldwide markets under its own proprietary name and acts as distributor for a wide variety of manufacturers all initially as a supplier of food and beverage and hotel supplies. Today has evolved to be an exclusive distributor of commercial grade tabletop, guest & bathroom accessory solutions for The Asian and The European marketplace. Our exclusive brands include Front of the House,room360 by FOH and Decolav. Each manufacturer designs luxury products for the finest hotels & restaurants worldwide; client hotel chains such as Marriott Hotel Brands, The Four Seasons Hotel & Resorts, Hilton Worldwide, Hyatt Hotels & Resorts and Starwood Hotel & Resorts. Nasdaq (OTCMKTS:PFWI)
PRESIDENT
Company Name
National Beverage Group Corp.
Dates Employed
Mar 2009 – Mar 2012
Employment Duration
3 yrs 1 mo
Location
ISELIN, NJ
Established strategic plan and implemented multiple business markets and paths to market for new start-up for North American headquarters of $750 million Italian manufacturer and distributor of natural mineral water beverage products. Developed brand awareness and marketing leadership in well-entrenched and mature markets; strategically positioning company for substantial growth within food service and retail venues.
• Developed strategic alliances with distribution partners in multiple industries, ensuring continued market share growth. Obtained market shares of 15% for major metropolitan areas and 30% for overall product placement to respond effectively to consumer demand within three years.
• Key player in penetrating food and beverage operations of more than 25 of top Fortune 500 companies, resulting in tri-fold recurring sales growth for several years as new companies networked into targeted distribution pipeline. Ultimate growth plans incorporated up to 50 new companies.
• Successful in bringing startup operation to positive cash flow in two years and generating profit in three years. Additionally, brought company from zero to 15% market share in just over three years.
INTERIM CHIEF FINANCIAL OFFICER/ CHIEF OPERATING OFFICER
Company Name
Diamond Ranch Foods, Ltd.
Dates Employed
Apr 2010 – Apr 2011
Employment Duration
1 yr 1 mo
Location
BRONX,NY
Led Northeast headquarters of $20 Million publicly traded meat and seafood manufacturing/distribution company. Managed 20 headquarters employees and seven distributed sales employees, including all financial and business controls, advertising, marketing/sales, service/technical support, and materials. Established sales compensation plans that more directly reflected goals of company and improved manufacturer-based product distribution procedures. Conceived, developed, and implemented all strategic plans and presented to corporate executives. Expanded sales into Mexico and Central America by more than 200%.
• Achieved positive cash flow for two straight quarters through implementation of turnaround management strategies: achieved 4% profit in first quarter and 8% profit in two quarters after consistently realizing 15% losses.
• Successful in turning unprofitable organization and showed 30% increase in sales revenues within the first quarter, 22% in second quarter, and nearly 30% in third quarter with overall revenue increases of approximately 100%.
• Played key role in expanding distribution lines from single path of dealers/VARs to four different paths to include sales partners in three markets, international service organizations, and international distribution.
CHIEF EXECUTIVE OFFICER
Company Name
Atlantic International Products
Dates Employed
Mar 2004 – Mar 2009
Employment Duration
5 yrs 1 mo
Location
WESTON, FL
Directed operations for US headquarters of major global food distribution company and rapidly growing international marketing services organization. Managed 117 employees in twelve branches consisting of sales/marketing, operations, and branch management. Oversaw all business initiatives for twelve offices acting as separate profit centers. Worked closely and effectively with corporate office in developing all operating procedures and controls.
• Formalized detailed strategic plan to create national presence in Mexico and achieve 1,000% growth.
• Generated 9% profit within 18 months after company previously realized 7.5% loss.
• Developed detailed five-year strategic plan to grow company through combination of acquisitive and internal growth. Grew from under $10 million to $135 million.
• Achieved 180% increase in sales productivity within three years through implementation of new sales compensation plan, reworking marketing and advertising plan, and emphasis on concentration of expertise.
BUSINESS DEVELOPMENT/SPECIALTY MARKETS
Company Name
SYSCO FOODSERVICES
Dates Employed
May 2001 – Mar 2004
Employment Duration
2 yrs 11 mos
Location
MIAMI, FL
Recruited to position, accountable for total P&L of international and specialty markets divisions; managing growth of 155 employees. Turned around sales and throughput to quickly make divisions more profitable. Developed strategic plan to achieve 100% growth in sales over three-year period through both internal efforts and acquisitions. Established co-production arrangements with overseas companies. Interfaced with corporate office. Full P&L responsibility and expanded international sales as domestic business declined.
• Turned around operations to 6% profit in first 90 days (from previous quarterly loss of 5%).
• Instrumental in increasing sales from $18 million to $51 million in less than three years.
• Significantly improved market share in The Caribbean from 10% level to 90% level by establishing co-distribution agreement with US/Puerto Rico based company for selected sales, ultimately positioning Sysco branded product exclusively.
• Pivotal in increasing market share increase by 55% of Sysco branded Asian, Italian and Latin food products through finalization of several manufacturing joint ventures. Initiative ultimately boosted company market share to 50%.
See more positions
Education
University of Pennsylvania - The Wharton School
Degree Name
Bachelor of Business Administration (BBA)
Field Of Study
Entrpreneurship and Strategic Management
Dates attended or expected graduation
1992 – 1998
Volunteer Experience
Coach/Mentor
Company Name
YMCA
Dates volunteered
Jan 1994 – Jan 1994
Volunteer duration
1 mo
Cause
Children
Featured Skills & Endorsements
Strategy
See 55 endorsements for Strategy
55
Endorsed by Dave Marx, who is highly skilled at this
P&L Management
See 52 endorsements for P&L Management
52
Endorsed by Sam (Hassan) Shalan and 1 other who is highly skilled at this
Business Planning
See 42 endorsements for Business Planning
42
Endorsed by Debbie- Rocky Mtn Aspen Ranch Springs, who is highly skilled at this
See 47 more skills
Recommendations
Received (2)
Given (4)
Guy Powers
Creative Director at Petrone Food Works
March 6, 2013, Guy worked with Victor in different groups
Victor is a team builder, leader and player. His top level skills are too many to list. Victor is extremely well organized, energetic, honest and has the ability to motivate others to perform at peak levels in a way that they become self motivated to succeed for Victor, his company and themselves. It is a pleasure and a privilege to work with Victor. Sincerely, Guy Powers
Neil Dabney
C-Level Management Consultant & Business Writer
May 22, 2012, Neil worked with Victor but at different companies
Victor is a very capable, knowledgeable and motivated professional in the specialty foods area. He is well connected, well respected and delivers what he promises. I have had the pleasure of knowing Victor for many years and highly recommend him, as a consultant, to anyone trying to do business in the Western Hemisphere and experiencing hurdles that need to be overcome. He thinks outside the box and his advice and business relationships are enduring and have stood the test of time.
Accomplishments
Victor has 5 publications
5
Expand publications section
Publications
Benzinga Announcement CFO/COO CEO Wall Street Journal Sysco Corporation
Victor has 3 languages
3
Expand languages section
Languages
English Italian Spanish
Victor has 3 projects
3
Expand projects section
Projects
Rocchetta and Uliveto Brands Acquisition and Capital Raise Announcements Corporate Acquistion
Victor has 1 certification
1
Expand certifications section
Certification
Serv-Safe Food Handling Certificate
Victor has 1 honor
1
Expand honors & awards section
Honor & Award
International Account Executive/Specialty Markets
Victor has 1 organization
1
Expand organizations section
Organization
YMCA
Interests
Toby Cosgrove
Toby Cosgrove is a LinkedIn Influencer
CEO and President at Cleveland Clinic
507,826 followers
Eaton SAKS International
25,911 followers
Richard Branson
Richard Branson is a LinkedIn Influencer
Founder at Virgin Group
13,084,910 followers
National DCP, LLC
5,367 followers
Safilo
48,156 followers
William E. Connor & Associates Ltd.
8,150 followers
See all
How so?
With a float of over 1billion... you'll be lucky if you break 001
Haahaaa its like Christmas!
Picked up another 150k
Just thought it sounded funny..someone said it was so I ran with it..lol DISCLAIMER...DEMS JOKES!
Bring Your Own Cannabis...BYOC
Even if the the float was the entire os woopy doo. Take down that rediculious sticky.
high five,SOG. agreed
that's why its pink sheets. I suppose next your gonna say the ...gasp...the sky is blue!?
As a investor looking in that's okay....look a little deeper this company has prepaid orders being filled regularly. He has a projected cover sales of 5000 for this year which is approximately $700,000 revs. He's working with a bare bones company and a worthless accountant. Please check out his cc and also the buisness model...its about as perfect as your gonna ever see . All revenue is going back to the company he gets paid literally McDonalds wages. He could dilute the hell out of this but he's not...he's determined to make this company rock solid. Lots of good longs here can fill you in more. Not official but the investment side is looking good..this quarter from here on out is going to be fun.
Michael
Good evening
Not intrusive at all. Infact, a very refreshing set of questions.
First let's establish our line and "thin our the heard" (in terms of what we expect to generate revenues to the initial 5MM mark}
The covers to get us to the first 5MM in revenues are expected to be:
Tri Fold - good volume seller
Quattro - unique to Truxmart
Smart Roll - good volume seller in certain areas
Forte - good volume seller
Now, speaking of skew of volumes I believe the Forte will be the slower selling, because of the price point and lack of real innovation - but the Alpha and the future Quattro Plus (tentative name for our Quattro hard cover to be developed shortly). I would suggest the soft covers will "get us there" and the innovation to come thereafter will get us moving along to the 50MM in revenues we seek.
Current wholesale (revenue) figures - assuming we will not sell any retail priced covers are:
Tri Fold - 160 (give or take)
Smart Fold - 180 (give or take)
Quattro - 225 (give or take)
Forte - 335 (give or take)
If we take out anticipated cost of goods sold (Freight and handling out from our logistics warehouse) our real semi-net figures tied to revenues are:
Tri Fold - 130
Smart Fold - 150
Quattro - 185
Forte - 285
This is essentially what we'll look to recieve after shipping the products, assuming they go "drop ship".
Now - "scales of economy prevail". In that, as we grow our COGS will also drop as we'll earn discount from shipping, handling, and manufacturing. Also, this is the "drop ship" model, where we stock and ship as our clients sell and need. This is what we'll expect to be working with as we begin to grow BUT we expect to get more "inventory" and "stocking" orders as we grow as well, is it then when we'll see the biggest profitability and reduction to our COGS as Freight in skid-lot sized orders is substantially less than individual ground shipments via FedEx, UPS, or USPS.
Moving on to our medium term objectives:
We plan on further reducing the cost of our Tri Fold upon being fully stocked again in the USA as a promotion". We also plan on bringing out Quattro cover down in price as a promotion and to encourage the market to begin to realize the great and true benefits of that cover. We want our Quattro to really become the next generation Tri Fold cover.
The inventory required to facilitate business from Auto Zone is strictly for their "online" type sales through Auto Anything (.com). The brick and mortar stores of Auto Zone are truly a much larger beast. Amazon being another monstrous revenue force for Truxmart product(s).
Now, keep in mind that we gather that about 1,500 units are sold, daily, in the USA. This is only in the "after market" - OEM sales from dealerships figures are likely larger, in addition - but that data is virtually impossible to get. That is, roughly, six million in revenues per day in the USA from just one of the markets, OEM business being a long term goal of ours, as well.
Assuming we get about 5 percent market share, that is 75 covers per day, which we have done before - without trying. At an average revenue point of 150 dollars (to be conservative) with just over 200 days a year to sell - do the math.
You should now clearly see our targets are extremely conservative.
Now add:
Latin American
Europe
Canada
Australia
Then add OEM manufacturing for:
Toyota
Nissan
Ram (FCA)
GM
Honda (Ridgeline)
Ford
Then add Helio's possibilities for:
WorkHorse
Tesla
(As well as subsequent EV truck manufactures to come)
Lastly, we do not have pricing for the Helios. But, at an estimated $1 per Watt - at 400 watts, the Helios version will be an additional $400 to the Alpha. The Alpha we hope to wholesale for about $450-$550 (cover and rails), the myriad of (revenue generating) accessories and add-on's to be additional.
Be well,
Mr Rossi
where is it?
Thank you sir
Were is our 8 k....or was that bogus.
247384206 for a float....Ill buy that all day long. 85 mil aint $hit.
Nice
Does sky 440 have any great news in the pipeline? All I see at the moment is a company that can't keep current. Not bashing just poking around.
Why?
anyone have a updated os and or float count?
what the hell. dragonfly doji mean what?!
I have never had the pleasure of holding a position In a security with a chart this amazing.
not only were we blessed with a dragonfly doji we also closed the trading day out as a hammer.
No but a dragonfly doji just flew by
Simple Moving Average (SMA)
BYOC is trading above its 15 day simple moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Weighted Moving Average (WMA)
BYOC is trading above its 13 day weighted moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Bollinger Bands ®
BYOC is presently near its upper Bollinger Band. This suggests that it is at a high level relative to recent action.
Moving Average Convergence Divergence(MACD)
The MACD for BYOC currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
$Byoc !
well lucky you. I have to go to work to support my otc habit. maybe this is the play that puts me out of my misery.
Picked up 300000
Bago gold. Ha ha I'm up over a grand already....to the moon skeeves.
Bollinger Bands
FNHI is within its Bollinger Bands. This is a normal condition suggesting that it is neither overbought nor oversold relative to the recent levels.
Simple Moving Average (SMA)
On Friday, FNHI closed above its 10 minute simple moving average. This is generally considered to be an indication of a bullish trend.
Simple Moving Average (SMA)
On Friday, FNHI closed above its 15 minute simple moving average. This is generally considered to be an indication of a bullish trend.
Weighted Moving Average (WMA)
On Friday, FNHI closed above its 13 minute weighted moving average. This is generally considered to be an indication of a bullish trend.
Directional Movement Index (DMI)
The ADX is below 20 which signifies that FNHI is not trending. Therefore the Bullish signal provided by the Directional Movement Index is not confirmed and it is too early to act solely based on this indicator.
Moving Average Convergence Divergence(MACD)
The MACD for FNHI currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-minute moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
Relative Strength Index (RSI)
The RSI is currently at 53.55, indicating that the stock is neither overbought nor oversold. Note the trend of the RSI to see if the internal strength of FNHI is improving or weakening.
Good looking chart here. With a q dropping next week look for .03 .035. when q three comes out look for possible revealing of large investment. no worries here just a simple waiting game.
Is product being manufactured?
Has there been any contracts made in 2017? I have looked but don't see anything. Any substantial contracts in the works? Are the machines that were delivered in the spring up and operating?
Sounds promising.
I'm thinking about this security been watching it for a year it appears it may pop again.
How do I get to that page?
Michael
Good evening
Not intrusive at all. Infact, a very refreshing set of questions.
First let's establish our line and "thin our the heard" (in terms of what we expect to generate revenues to the initial 5MM mark)
We presently have:
Tri Fold
Smart Fold - under redevelopment
Quattro
Smart Roll - not proprietary until further developed
Forte - private label only at this time
Alpha - under development
Helios - under development
The covers to get us to the first 5MM in revenues are expected to be:
Tri Fold - good volume seller
Quattro - unique to Truxmart
Smart Roll - good volume seller in certain areas
Forte - good volume seller
Now, speaking of skew of volumes I believe the Forte will be the slower selling, because of the price point and lack of real innovation - but the Alpha and the future Quattro Plus (tentative name for our Quattro hard cover to be developed shortly). I would suggest the soft covers will "get us there" and the innovation to come thereafter will get us moving along to the 50MM in revenues we seek.
Current wholesale (revenue) figures - assuming we will not sell any retail priced covers are:
Tri Fold - 160 (give or take)
Smart Fold - 180 (give or take)
Quattro - 225 (give or take)
Forte - 335 (give or take)
If we take out anticipated cost of goods sold (Freight and handling out from our logistics warehouse) our real semi-net figures tied to revenues are:
Tri Fold - 130
Smart Fold - 150
Quattro - 185
Forte - 285
This is essentially what we'll look to recieve after shipping the products, assuming they go "drop ship".
Now - "scales of economy prevail". In that, as we grow our COGS will also drop as we'll earn discount from shipping, handling, and manufacturing. Also, this is the "drop ship" model, where we stock and ship as our clients sell and need. This is what we'll expect to be working with as we begin to grow BUT we expect to get more "inventory" and "stocking" orders as we grow as well, is it then when we'll see the biggest profitability and reduction to our COGS as Freight in skid-lot sized orders is substantially less than individual ground shipments via FedEx, UPS, or USPS.
Moving on to our medium term objectives:
We plan on further reducing the cost of our Tri Fold upon being fully stocked again in the USA as a promotion". We also plan on bringing out Quattro cover down in price as a promotion and to encourage the market to begin to realize the great and true benefits of that cover. We want our Quattro to really become the next generation Tri Fold cover.
The inventory required to facilitate business from Auto Zone is strictly for their "online" type sales through Auto Anything (.com). The brick and mortar stores of Auto Zone are truly a much larger beast. Amazon being another monstrous revenue force for Truxmart product(s).
Now, keep in mind that we gather that about 1,500 units are sold, daily, in the USA. This is only in the "after market" - OEM sales from dealerships figures are likely larger, in addition - but that data is virtually impossible to get. That is, roughly, six million in revenues per day in the USA from just one of the markets, OEM business being a long term goal of ours, as well.
Assuming we get about 5 percent market share, that is 75 covers per day, which we have done before - without trying. At an average revenue point of 150 dollars (to be conservative) with just over 200 days a year to sell - do the math.
You should now clearly see our targets are extremely conservative.
Now add:
Latin American
Europe
Canada
Australia
Then add OEM manufacturing for:
Toyota
Nissan
Ram (FCA)
GM
Honda (Ridgeline)
Ford
Then add Helio's possibilities for:
WorkHorse
Tesla
(As well as subsequent EV truck manufactures to come)
Lastly, we do not have pricing for the Helios. But, at an estimated $1 per Watt - at 400 watts, the Helios version will be an additional $400 to the Alpha. The Alpha we hope to wholesale for about $450-$550 (cover and rails), the myriad of (revenue generating) accessories and add-on's to be additional.
Be well,
Steven Rossi
Truxmart
INCREDIBLE NEWS!!!
THIS STOCK WILL MAKE YOU RICH!
What? Oh you already knew that.