I've always been optimistic about this company , In it to Win & long term no matter the out come ,Reverse split / Buyout Or even bust....Its all about factors that have effects on economy. The product (water) is one everyone needs & that makes me stay positive.
News wire, ALK88 Start selling products in all big lots stores by end of year ...Usally means out with the old inventories in with the New styles branding in other store shelves outlets. Maybe a way to sell short dated inventories. Held up in covid error . I've seen major brand names do this same process to keep from taking losses on product changes such as labeling & Sizing issues because of inflation . Anything to keep costs down and save investors money during these uncertain times .
unfortunately ,even the more well established companies are finding these trobulate time of inflation & high freight $cost as extreme huddles to cross over.. These companies are having to rethink every move they make QRTLY: so that their Bottom line doesn't take a hit. " Not much margins for errors.".
CEO & BOARD Members are going to work on identifying long over due waste & productivity during growth stages. Great sign of digging in the trenches for the long haul to $$ profitability. Sales are continuing to grow & terrotories expanding while Frieght cost have been a national problem for all markets.
Hopefully with this new DSD account that is also beer & wine distributor . Doors will open up for ALK88 CBD infused Flavored drinks in mixed drink sections of liquor stores . I've seen locally CBD PRODUCTS in our Wine & Spirits stores being sold front counters.
New CEO with Major Grocery store Marketing skills & williness to change the statusqo of stagnation profitability . Although growth has been great & expanding terrotories too. Now it's time for craftiness and skills in times like these. I would say new CEO DSD Direct sales distribution with ways to position products in hub based ROLLOUT would help with Frieght cost & boost sales at same time . One things clear GROCERY MANGERS know how to stock shelves & save monies on both sides of the coin. ..GOOD TIMING & GREAT NEWS TO ALL SHAREHOLDERS ...Hopfully more PR"s with SHAQ Leadership coming too.
I agree , Markets are very volatile this year with all the political B/S going on. Nothing like being a Stock holder rideing out a Storm of Congressional rollercoaster operators. WTER would have been on the green profitability side if the Frieght $ cost didn't sky rocket .. Nothing we can really do but HOLD LONG TERM ...but thinking this QRTRLY may turn out good side.
Market turmoils seem to be cross the board as capitalism fundamentals under extreme risk conditions . E-mail Company yesterday & expressed Concern that maybe would be advisable to Sell or Merge with bigger partnerships & start making a survival type strategy much like the early days of mergers of the past decades for all Shareholders interest. At this point not a bad idea as fortune 500 companies starting to regroup plans & Risk factors to All Markets.
A lot can change in 180 days & could become positive effect getting the notice. Nothing says get your act together then the SEC. Making the company work harder for solutions too. Maybe SHAQ will do a slam dunk in the board room. Long here waiting game , everyone should E-mail Co. With concerns .
Just note: if earnings come in @ 18.5 Mil: or better & all offering / options leverged against debts, Maybe see Surprise % to QRTLY: Could be toward good side of profit 500K to 800K .I know this is fuzzy math & stretch. ..lets hope all works toward the surprise % profit side for all shareholders holding long.