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Not seeing the increase in assets unless you are talking about goodwill not sure what that means .....I think it is the difference between the value of the assets your purchased and what you paid for them
A bit like buying a house for 2 million but the bank appraised it for 800,000
Maybe I got it wrong but I do not think so...
WOW that is incredible great job !!!
Did you see the $826,595 loss for the quarter hope they have a way to improve it because it doubled from the same quarter last year
Also the increase in LFER'S loss was larger than the increase in revenue
With the 3,269,789 in debt not sure how they move forward esp with with 1,774,059 in payables close to double the revenue for the quarter
I hope they get this fixed love their products great company but a very hard business few make it
They have some very big accounts so lets see maybe next quarter will be great !
MOJO Organics Inc. marks four consecutive quarters of revenue growth
News provided by
MOJO Organics, Inc.
Oct 30, 2018, 11:22 ET
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JERSEY CITY, N.J., Oct. 30, 2018 /PRNewswire/ -- MOJO Organics, Inc. (OTC: MOJO) filed its Form 10-Q for the nine months ended September 30, 2018 with the U.S. Securities and Exchange Commission today.
Highlights include:
(PRNewsfoto/MOJO Organics, Inc.)
Net Revenue increased to $489,778 making this the second highest quarterly revenue in MOJO's history
Operating Margin expanded 48% the highest in MOJO's history.
Glenn Simpson, Chairman and Chief Executive Officer of MOJO Organics, Inc. said "we are pleased to report that we ended our 2018 third quarter within our expectations. We hit many milestones including our highest quarterly revenue in two years and our highest quarterly gross margin ever. This was also the fourth consecutive quarter of double digit revenue growth. In addition, revenue increased double digits for the past four quarters on a consecutive basis and year-over-year. During the quarter we focused on increasing sales and gross margin and achieved significant increases during the quarter which is difficult to achieve both in the same quarter. In addition, we added to our points of sale and continued to build out our hybrid distribution system in the northeast region of the USA. We also opened a new channel of distribution with the sale of our products to a major vending company and shipped product to Canada for the first time"
Revenue for the quarter was $498,778 an increase of $50,218 from the same period last year. Gross profit was $235,526 an increase of $48,275 from the same period last year. The increase in revenue was due to the opening of new channels of distribution and sales outside of the USA coupled with increases in same store sales in many locations.
We continue to make progress with our MOJO Sparkling Coconut Water and have seen points of sale increase. MOJO will launch Pure Coconut Water + Pineapple in November 2018 and has orders for the product.
SOURCE MOJO Organics, Inc.
Related Links
www.mojoorganicsinc.com
[b[color=red]]Bottom line there is something evil and milieus going on with some trades of this stock that violates securities law......there have been well over a hundred trades buy and sell so that's 200 violations
trust me the wheels of justice turn slow but they turn.....and do not stop turning
it is illegal to manipulate a stock DOWN or UP it is that simple....
let the criminal explain to the judge why they would trade back and forth losing trades....on "maybe" related accounts.....at prices lower than market how related is the buyer and seller are they ONE?
yes this is America and yes you can sell what you have at what ever price you wish...
no you cannot manipulate the market and that is what is going on here
the trades are recorded so lets see where it goes
lets see the accounts
[/color]
lets see the IP addresses
lets see the mobile service that one side of trades are coming from and the device
lets see it all ......
my view this is not a 2 cent or 6 cent issues it is tens of millions of dollars in market cap...and jail time......
He is the guy that did computer to computer trading of the stock from a strip mall office to manipulate the price down .....so that he could purchase the outstanding at a huge discount
Well...it did not go as planned....fast forward JK Sr. goes to jail
And what I am hearing he is on his way....
..................................................
Not much to do with your posts other than JK is still doing his 82 share trades at 30% discount to market to ....screw all the shareholders that did not get on his train.....based on what we know (the rumors) the law might just be putting its boot on his fat neck.....
it looks like the jonnie k's pen state play book is about to get burned...big time....
some of you know him and the games he played with mojo.... he is on his way to bye bye land like his daddie .....
mojo up jk down
That's what makes America Great ....
In the market someone wins and someone loses on each sale and purchase
It is a zero sum transaction.
You will know if you are right .........not saying I would buy MOJO or sell MOJO .............but I am saying the symbols you shared ((LFER JSDA CELH NBEV REED )) along with a few more aka Long Island Ice Tea True Beverages are all dogs..... zero chance of success zero
Well I follow them too
Usually a great company buys an emerging brand Not a BS company buys an emerging brand...
As did Coke with Zico and Pepsi with Naked that's the model.
The marriage of MOJO with one of these companies that is bleeding cash sounds more like a marriage where the wife says to the husband ""well I thought you had money"" ....and he says ""well I thought you had money""" where is the cash going to come from to run this...non of them can pay their bills ....except MOJO ZERO funding in 3 years ZERO and they are growing....
Frankly I do not see it and certainly NBEV is not doing well and out of cash.....the others well we will see when they fold....just give them time....
TOTAL BULL SHIT FAKE NEWS
That is almost as stupid as when FAT JOHN was saying Natalie's Orchard Island was being purchased / merged with Chiquita / MOJO
Natalie's does not need MOJO and there is no booze company with a significant brand that needs MOJO .....
Read the 411 that the company releases and make informed decisions based on that to buy or sell..... no elevators in making a profit you have to climb the stairs and do the work ....
The problem is no one and I mean no one reads the 10 Q 's or even looks at the financials on yahoo.....forget about the press releases they write them plan and clear without overstating events. Does anyone understand that?
It pretty clear MOJO is out of the woods and anyone that has owned the stock for 5 years knows the challenges they have had with the AJ's the Pete's and a few others characters from Ireland...........honestly they should not be in business today because of that those clowns bankrupted more companies than the court documents list.
Just to recap last quarter a million dollar improvement in operating income.... revenue up quarter over quarter for the past 3 quarters and sequentially up quarter to quarter
what else can you expect from them ? Walmart Costco BJ's Sams Club Dollar Stores Convience Store Channel well I doubt they are sitting on their hands .....waiting for the buyers to call them it does not happen in one day and for most it never happens.....
Any time I have called the office my call is returned....maybe a better place to get the 411 then here....
Let me give you SOME fun factS....
Vitamin Water functionally bankrupt 3 times....15 years before the buyout from coke 4.2 BILLION
Bai 5 functionally bankrupt twice before the buyout from Dr Pepper 10 years before the buyout
Nantucket Nectars 8 years before the buyout by Dr. Pepper
Zico 10 years and functionally bankrupt 2 twice before the buyout by The Coco Cola Company
Vita coco 16 years in business no way to sell shares if you own them
This company in its current form POST CHIQUITA is 2 years old plus some months.....
Oh and the above list are the winners lets remember that the winners!!!
go get a copy of Beverage World Beverage Digest Bev Net etc etc there are thousands of beverage companies each year that are ROAD KILL dead after one year . Not 100 thousands.....so how smart does MOJO look now?
My view this company is way ahead of the winners above.....no one ever sees it until the buy out should have could have does not make anyone a profit ....sit tight or look for the exit door that is what makes America Great Again you have choices vote your choice with the stock.....
TRADE OF THE DAY AUGUST 22 2018
YESTERDAY Charlie got up early and put a pre market 5,000 share block on the offer at 15 cents 35% below market...
Well we know why he did it and lets hope he has another 200,000 shares today at 15 cents
Wed, Aug 22, 2018 09:30:02 AM
0.151
20,000
3,020
Wed, Aug 22, 2018 08:30:54 AM
0.1501
5,000
751
EACH DAY WE WILL HIGHLIGHT THE TRADES OF THE PUPPET THAT IS DOING THE
CROSS TRADES TO MOVE THE STOCK DOWN...LEGAL NOT IF YOU READ THE LAW...
Totals
Trades = 3
2,001
303
Fri, Aug 17, 2018 10:13:19 AM
0.151
1
0
Fri, Aug 17, 2018 09:30:02 AM
0.151
750
113
Fri, Aug 17, 2018 09:30:02 AM
0.152
1,250
190
>
MOJO REPORTED THEIR 2ND QUATER EARNINGS AND FINANCAL POSTION 32 DAYS AGO
32 DAYS BEFORE IT WAS REQUIRED BY THE SEC.
MAYBE YOU ALL MISSED IT
MOJO Organics, Inc. Reports 2018 Second Quarter Results
PR Newswire•July 16, 2018
JERSEY CITY, N.J., July 16, 2018 /PRNewswire/ -- MOJO Organics, Inc. (MOJO) today reported its second quarter 2018 operating results and filed its Form 10-Q with the Securities Exchange Commission. Glenn Simpson, Chairman and Chief Executive Officer of MOJO Organics, Inc. said, "We are pleased to report that we ended our 2018 second quarter within our expectations. This was the third consecutive quarter of double digit revenue growth. We continued to focus on increasing our points of sale and building out our hybrid distribution system primarily in the northeast region of the United States."
In addition to the northeast region of the United States, we began shipments to Aruba and appointed Galactus Global, N.V. as our distributor for Aruba, Bonaire and Curacao. We are also in the final governmental approval stage to export our products to Costa Rica. We have also begun to sell product to a distributor who distributes in Puerto Rico & Florida.
Revenue for the quarter was $442,422 an increase of $98,345 from the same period last year. Gross profit was $200,370 an increase of $82,004 from the same period last year. The increase in revenue was due primarily to increases in same store sales from the prior period and new points of distribution.
In addition to meeting our revenue and gross profit targets for the quarter, I am very pleased to report that we reduced our net loss for the period from $912,328 to $46,805 – an $865,523 improvement.
We also saw our ecommerce business double for the period as compared to last year. This was primarily the result of Amazon sales being strong with larger purchases and the addition of new customers.
We have also made progress with our Sparkling Coconut Water. MOJO will launch a second flavor of coconut water in the third quarter of 2018 at select retailers and on Amazon.
For additional information please contact MOJO Organics, Inc. at 201 633 6519. Stock Symbol: MOJO.
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OTC AND FINRA ALERT
TRADE OF THE DAY .....
20 shares at 17 cents
you my friend deserve all the paperwork you will be doing and the legal fees...have a great day....
HERE IS ANOTHER ONE
DID YOU SEE THE 1,000 SHARES GO OFF AT 15.5 CENTS ??
A REAL BIG PLAYER LOST 30 DOLLARS TRYING TO MOVE THE STOCK DOWN !!!
WHATS UP WITH THAT ...WELL WE KNOW AND SO DO THE REGULATORS
THE TWO FIRMS THAT THROW OUT THE BIG ODD NUMBER BLOCKS EACH DAY AT 9:30
HOPE YOUR STRAW HOUSE IS IN ORDER WITH YOU AND YOUR CLIENT ITS ABOUT TO BE BURNED TO THE GROUND .....
GUYS TRY BUYING THOSE SHARES THEY ARE A GHOST SHARES YOU CANNOT GET THEM YOU CANNOT GET CLOSE TO THEM ITS A SCAM...... TRY
FAKE OFFERS MADE TO LOOK LIKE OMG THE SKY IS FALLING IN ON MOJO
THERE IS GOING TO BE A TON OF PAPERWORK YOU JACKASSES WILL BE COMPLETING YOUR COMPLIANCE GUYS AND OUTSIDE LAWYERS WILL LOVE YOU FOR THAT .. WAIT TO ----- THE REGULATORS GET THEIR HANDS ON YOU ....
GOOD LUCK AND HAVE A NICE DAY AND A VERY NICE LIFE..[/b
GOOD LUCK WOLF OF nj total loser joke
MOJO Organics, Inc. Reports 2018 Second Quarter Results
PR Newswire•July 16, 2018
JERSEY CITY, N.J., July 16, 2018 /PRNewswire/ -- MOJO Organics, Inc. (MOJO) today reported its second quarter 2018 operating results and filed its Form 10-Q with the Securities Exchange Commission. Glenn Simpson, Chairman and Chief Executive Officer of MOJO Organics, Inc. said, "We are pleased to report that we ended our 2018 second quarter within our expectations. This was the third consecutive quarter of double digit revenue growth. We continued to focus on increasing our points of sale and building out our hybrid distribution system primarily in the northeast region of the United States."
In addition to the northeast region of the United States, we began shipments to Aruba and appointed Galactus Global, N.V. as our distributor for Aruba, Bonaire and Curacao. We are also in the final governmental approval stage to export our products to Costa Rica. We have also begun to sell product to a distributor who distributes in Puerto Rico & Florida.
Revenue for the quarter was $442,422 an increase of $98,345 from the same period last year. Gross profit was $200,370 an increase of $82,004 from the same period last year. The increase in revenue was due primarily to increases in same store sales from the prior period and new points of distribution.
In addition to meeting our revenue and gross profit targets for the quarter, I am very pleased to report that we reduced our net loss for the period from $912,328 to $46,805 – an $865,523 improvement.
We also saw our ecommerce business double for the period as compared to last year. This was primarily the result of Amazon sales being strong with larger purchases and the addition of new customers.
We have also made progress with our Sparkling Coconut Water. MOJO will launch a second flavor of coconut water in the third quarter of 2018 at select retailers and on Amazon.
For additional information please contact MOJO Organics, Inc. at 201 633 6519. Stock Symbol: MOJO.
THE TRADE OF THE DAY[color=red][/color]
MOJO 250 SHARES AT 13 CENTS
WHO GETS OUT OF BED TO DO THIS TRADE ?
1. SOMEONE THAT WANTS TO BUY MOJO AT A CHEAP PRICE AND THINKS HE CAN MOVE THE TRADING TO A LOWER LEVEL THEN BUY VOLUME
2. SOMEONE THAT NEVER READ THE SECURTIES LAW ON MARKET MANIPULATION
IS IT 1 .... 2 .... OR ALL OF THE ABOVE
I AM GOING WITH ALL OF THE ABOVE ! ! !
FRIDAY THE 13TH MOJO's Very LUCKY DAY
OK Lets Keep it Real
MOJO filed its 10 Q with the SEC today
13 days after the close of the quarter....looks like they have their act together 32 days before the due date.
HIGHLIGHTS
Revenue up double digits 100,000 increase
Net loss cut by 900,000 to 40,000 YES READ THE INCOME STATEMENT 900K
Revenue UP
Gross Margins UP
270 DAYS OF INCREASED REVENUE AKA REAL PROGRESS
AND STILL WE HAVE A FRIEND TRYING TO BLOCK TRADES AND PAINT THE TAPE AT THE CLOSE OPEN AND IN THE MIDDLE OF THE DAY TO ZERO MAKING ALL OF YOU THINK HE KNOWS SOMETHING.....YES HE DOES HE WANTS MORE MOJO AND HE WANTS IT ON THE CHEAP......ONLY REASON TO DO THESE TRADES WAKE UP AND SEE HIS GAME FINRA ALREADY HAS....
CROSS LOW BALL TRADES AND IN GENERAL MANIPULATE THE MARKET FOR PERSONAL GAIN. AKA GO TO JAIL THIS IS CRIMINAL YOU HAVE ALL SEEN THE 15 CENT 13 CENT 12 CENT TRADES FOR 20 SHARES 100 SHARES 1000 SHARES THEY ARE ALL BS designed to damage the company.
WHY IS HE DOING IT????? TO MAKE ALL OF YOU THINK THIS COMPANY IS IN THE CRAPPER. ON LIFE SUPPORT
IT HAS BEEN THE WHACK A BALL BY SO MANY JACKASSES THAT HAVE GONE TO JAIL FOR LOTS OF SECURITY VIOLATIONS RIGHT AJ JONNY AND THE DON FROM CHICAGO ... WHO WILL BE NEXT MAYBE SOMEONE WE ALL KNOW I WILL TAKE THAT BET....we all know him
THE WHEELS OF JUSTICE TURN SLOW BUT THEY TURN
to our friend that thinks he is hiding behind three other trading desks and a few sleazy broker firms crossing and funding bad trades guess what you have been outed....stay tuned...no one is taking the HIT FOR YOU PAL your not the only one with kids and a life...
Bottom line cash flow is the measurement.
It is worth noting this company is not out rasing money every quarter like every other young beverage company
Why ------because they do not need it
Zero payables
Zero debt
Higher revenue each quarter
How is that possible if they are losing money ?
Simple they are not losing cash this is BS accounting rules
Lets see how they do the filing deadline is not that far off and maybe they will send out a press release ahead of the 10 Q filing or file early
STOCKS 101 WEST COAST
Maybe that is how it works on the west coast.
When you come to Wall Street it works a bit differently
A bit like the drain in New Zealand where the water goes counter clockwise
(this is a joke)
Bottom line if a stock is trading at 100 dollars and has a 20,000,000 loss. (follow along)
Then the next quarter it has a 5 million dollar loss is it still going to trade at 100 dollars Using your rule? At Harvard Business School the answer is not that trust me or on Wall Street.
Frankly it has zero to do with where a stock trades.
Revenue
Future growth rates
Patents
Supply of stock
Industry sector
Overall pricing of the market
They all play a much higher determinant in a stocks price
PS: if you believe Warren Buffet. ""its cash flow (stupid) as he says""
never heard him say net income you can not buy a hamburger with net income. Cash Flow you can buy McDonalds.
You have it figured out best to take that model right over to Goldman and help the traders.
Net income = higher stock price
Net lose = lower stock price
Why do the have a quant dept. this is so obvious and simple now that you broke it down for all of us penny traders.
The big question for all of us is if MOJO is losing losing losing why are you in it? Why are you still trolling this board.
Maybe you are shooting the BS for another reason? I think so.
MOJO 101
To be to the point higher revenue means higher stock price period not profits
Yes since you own the stock you should want to be proven wrong
Once the SEC and FINRA take this market manipulator out of the stock you will see a very different stock
[b]THE TRADE OF THE DAY 7/10/18 at 9:31 AM
150 shares of mojo at 15.2 cents or 22.80 dollars in proceeds gross
net proceeds after the cost of the trade 18.80 best case
net sales price per share 12.5 cents
no one gets out of bed to do that trade unless they are looking to move the price down
WHY :
1. TO ACCUMULATE SHARES AT A LOW PRICE
2. TO OFFER FUNDING AT A LOW PRICE
Moving the stock up everyone knows why that is done
Both are jail time with FINRA just ask AJ who was the mastermind behind MOJO Ventures
Simpson was sold a bag of dog shit and he is making a rose garden out of it.
MOJO's STOCK PRICE WILL NOT GO UP ???
Well I really would love to hear the logic
BIA 5 sold to Dr. Pepper Snapple 2.2 billion and the assumption of all debt-------------never made a profit
Vitamin Water sold to The Coco Cola Company 4.2 billion never made a profit
Honest Tea sold to The Coca Cola Company 1.4 billion never made a profit
Zico Coconut Water sold to The Coca Cola Company 1.1 billion (est) never made a profit
Amazon how have their profits been over the past 10 years not so good.
Bottom Line profitability does not grow a brand growth does not come from profits and market valuations do not come from profits they come from revenue and MOJO is increasing revenue based on the past two quarters lets see this week what Q 2 brings.
Market Valuations come from TOP LINE GROWTH Period
Grow the top line grow the stock price yes that simple
My calculation based on the past two quarters and the stock should be trading above $1.14 with a ten times Revenue multiple. That is very conservative based on other public beverage companies and extremely conservative based on the above deals.
Two years ago MOJO barley traded so it looks like the smart money is coming in now because it is trading a lot of shares compared to the past.
If you think profits are important best to buy Coke Pepsi or Dr Pepper they have profits but do not complain when your return is not the same as a small or micro cap stock. Be happy with 5% and enjoy your return.
Oh and BTY any idea how much the guys in each of the deals above made .....try doing that with Pepsi.
MOJO 10 Q JUNE 30 2018
I hope we see MOJO's revenue for the quarter this week.
MOJO has been breaking their quarterly revenue records the past two quarters I hope this continues.
TRADES START AND END WITH A REAL PERSON
Am I the only one understanding what is going on with the trading in this stock?
For months now there have been trades lets call them cross trades
or better as FINRA AND THE SEC calls it market manipulation trades to lower the stock price which are illegal.
There have been many 20 share trades at the close well below market even when the bids were double... lets very clear a 20 share or a 100 or a 1000 share trade in this stock is a losing trade because of the price of the stock when you add the fees.
It has become very clear that only someone that wants to increase a position either through the market or a private placement would be motivated to lower the stock price using this type of cross trade PERIOD.
Yesterday there was a 1,000 share trade at 11 cents 25 minutes before the bell do the math the trade does not work as a trade .... but it works very well to lower the close on MOJO. Bidders could not get a trade done yesterday at 19 so how did this guy get it done at 11 cents on both sides of the trade simple it was a prearranged cross by two guys that are going to lose it when they get questioned.
In parting the Federal Prison has a bed for both of you and your mastermind behind this, you will give him up in 2 seconds... trust me no one will miss you. Not even your kids. Good luck with the legal bills just ask Mr. A J what it costs and how it feels when you are found guilty.
Cross Trades and Matching Orders
While a cross trade does not require each investor to specify a price for the transaction to proceed, matching orders occur when a broker receives a buy and sell order from two different investors both listing the same price. Depending on local regulations, trades of this nature may be allowed, since each investor has expressed an interest in completing a transaction at the specified price point. This may be more relevant for investors trading highly volatile securities where the value may shift dramatically in a short period of time.
Cross trades are controversial because they may undermine trust in the market.
Read more: Cross Trade https://www.investopedia.com/terms/c/crosstrade.asp#ixzz5KBgqGWjL
Follow us: Investopedia on Facebook
I had to look this up I kind of remember my grandfather saying this to my father many years ago: so here it is for anyone under 80
PIPE DREAM
an unattainable or fanciful hope or scheme.
"free trade in international aviation will remain a pipe dream"
synonyms: fantasy · false hope · illusion · delusion · daydream · unrealizable dream · reverie · mirage · castle in the air · castle in Spain · chimera · pie in the sky
By my calendar the quarter is over lets see who is "pipe dreaming"
What I have seen in the past 182 (soon to be 273) days is growth and much better margins.
Does not seem like a bad thing to me. Unless I am trying to get others to sell on the low then I would be playing your game.
I follow a few small beverage companies because the small ones become the big ones. Not going to turn Lincolns into Grants buying KO or PEP.
TRUU ---- DEAD
LONG ISLAND ICE TEA ---- DEAD
NEW AGE BEVERAGE ----- TERMINALLY ILL
((LETS PUT YOUR WINNERS IN BEVERAGE UP HERE SO WE ALL CAN SEE HOW SMART YOU ARE HELP US ALL OUT))
So why are you throwing the shade here on MOJO ? Unless you have it out for MOJO!!! Best you either move on or stop the Bull. You are not helping anyone here. And if you have it in for the company short it and if you are right you will make tons of money off at 25 cent stock. GOOD LUCK TO YOU
I doubt they are in KROGER with some idiot DSD guy.
I was in a store in Atlanta and the product is selling for the same price that Shop Rite and Food Lion sells the product for in the NY area
DSD cannot do that their costs are too high....
AMAZON.....yeah that's not important....ecommerce you do not need to do well there are you kidding ?
Everyone is still buying at A&P and Sears. Times have changed and yes Amazon eBay Walmart dot Com .... is important...that is today ad the future.
up2nuttn you are way out of touch....
Starting to see some buying and it looks like MR 17 cents in Chicago has some issues with his 4 dollar trades.........
KARMA no US Securities Law the cheese was just to tasty for this rat.
They are available Rite Aid Sells Pineapple and also the Mango
Also the sparkling is on Amazon Shop Rite, Wegmans, Kroger etc.....and a lot of other places
WALMART ----
just saw this
https://www.walmart.com/ip/Mojo-Organic-Pure-Coconut-Water-11-1-Fl-Oz-Case-of-12/721793906
Mojo Organic Pure Coconut Water, 11.1 Fl Oz (Case of 12)
Average rating:5out of5stars, based on4reviews
4 reviews
Mojo NaturalsWalmart # 558147455
$15.98
Only 1 left!
Free shipping on orders over $35
Arrives by Wednesday, Jun 13
Options
love the product hate the stock price .....
its only gotten worse someone is playing this stock fun to watch
From what the prior news said they sell to RITE AID 4500 stores east and west coast also they have Kroger I was in Atlanta and saw the product in Kroger I was shocked but very happy They move very quietly I believe they do this to keep the other companies in the dark as long as possible regarding next moves. Very tough business.
I have a friend that owns a fishing lodge in Alaska they buy the product on AMAZON
If we see the product in TARGET WALLMART COSTCO WHOLEFOODS 7-11 WAWA then you know its time to back the truck up Amazon should not be overlooked it is the sleeping giant for food companies and could be 20 percent of all sales very soon. They are number 4/5 brand on Amazon in coconut water. You can check that out it is public 411.
I am not understanding why this company is not trading higher
No debt No convertibles No controlling shareholder
Good margins
Small float
Available in many top retailers KROGER AMAZON RITE AID SHOPRITE FOOD LION TOPS MARKET BASKET JET WALMART.COM
JERSEY CITY, N.J., May 10, 2018 /PRNewswire/ -- MOJO Organics, Inc. (OTC: MOJO) today reported its 2018 first quarter operating results. Glenn Simpson, Chairman and Chief Executive Officer of MOJO Organics, Inc. said, "We are pleased to report that we ended our 2018 first quarter within our expectations and significantly above the same quarter last year. We continued to focus on increasing our points of sale and methods of distribution primarily in the Northeast region of the United States."
Revenue was $350,894 an increase of $108,934 or 45% from the same period last year. Gross profit rose to $150,088, an increase of $51,922 or 53% from the same period last year. The increase in revenue was due to higher sales at key accounts including Amazon.
"In addition to meeting our revenue and gross profit targets for the quarter, I am encouraged by the number of stores that showed material growth in revenue compared to the same period last year. The progress demonstrated during this quarter is foundational in positioning the company for the future.
Are there any beverage companies on the OTC that have real products, real revenue, that I can buy I cannot fine one and this is the beverage season
Are there any OTC beverage companies out there to invest in
Or are they all private companies.
As I said I was waiting on the 10 K and the Q 4 numbers to understand where this company is.
We all have the numbers now. Frankly I do not care what the story was for the first 3 quarters I knew that 120 days ago that did not change. However the fourth quarter was very strong.
My take MOJO is are doing well
Bottom line I have seen every beverage company in the last 4 years on here fold.
I see this product in a lot of stores.
If I buy/sell the stock it will be based on the current numbers not what happened a year ago.
YEAH I REAL DUD I WISH MY APPLE STOCK WAS A DUD LIKE THIS I
Maybe the best small cap bev company on the exchange.......ZERO DEBT!!!
JERSEY CITY, N.J., Feb. 21, 2018 /PRNewswire/ -- MOJO Organics, Inc. (MOJO) today filed its Form 10 K for the year ended December 31, 2017 with the Securities and Exchange Commission.
Glenn Simpson, Chairman and Chief Executive Officer of MOJO Organics, Inc. said "We are pleased to report that we ended our 2017 fourth quarter within our expectations. We continued to focus on increasing our points of sale and volume at each of those points of sale. As demonstrated by our significant revenue growth we made great progress in increasing same store sales and the number of retail points of sale in the eastern United States, during the quarter."
Sales revenue for the three months ended December 31, 2017 was $289,124 an $132,339 increase (84%) over the same period last year of $156,786.
Gross profit was $124,872, an increase of $26,731 from the same period last year. The net loss for the period decreased by $252,668 to $187,463 a 57% improvement from the fourth quarter of 2016.
During the fourth quarter of 2017 MOJO significantly increased its ecommerce business on AMAZON. Revenue was up by 149% to $39,871 an increase of $23,828 compared to the same quarter last year of $16,042. MOJO Pure Coconut Water has been ranked in the top five brands of coconut water on Amazon. This puts MOJO Pure Coconut Water well ahead of most national brands many of which have been sold for over 15 years in the USA market, MOJO commenced sales two years ago.
"The progress demonstrated during this quarter is foundational in positioning the company for the future quarters."
FILED
Annual Report (10-k)
Date :
02/21/2018 @ 6:09AM
Source :
Edgar (US Regulatory)
Stock :
Mojo Organics, Inc. (QB) (MOJO)
Quote :
0.23 0.0 (0.00%) @ 2:16AM
I am waiting on the 10 K and any news on the company. I expect the K now.
My POV I do not see the product everywhere but I see the product in a lot of places SHOPRITE C TOWN FOODTOWN WEGMANS AMAZON KING KULLEN FAIRWAY not bad for a new brand the product is moving in these stores because I have been in stores that said they are reordering but sold out ...what other product sells out not many
PS I was up in upper New York cold as hell and they had it at TOPS