Unruffled.
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Haribo don't seem too bothered. https://www.baltimoresun.com/business/bs-bz-haribo-profile-20120407-story.html
hummbug, still waiting on your last "Sub penny. Mark it." prediction from August.
Remind me again, how did that one work out?
hummba Friday, 01/17/20 03:02:54 PM
Re: None 0
Post #
133251
of 133263
Sub penny vefore next PR. Mark it
WTI and Brent both just dropped ~$6.
$720? Not sure about that. Only 9 trading days till earnings report, which I expect to be robust, and C-Corp update promised this month too.
hummburn.
BLF tweets Vegas pic -- https://twitter.com/BigLeagueFoods/status/1218231685382148096
The @SLTShow here in Las Vegas has been a great success. Several nationwide retailers have shown interest in carrying our products in their stores. We continue to have high expectations for 2020!
@Verus_Foods
@MLB #wantitall
Yup. Going on a stop hunt.
Some fair points but it’s still early imo to be focusing on margins. Massive growth without too much exposure is achievement enough at this stage. McGowan’s interview made this point about balancing growth and risk.
10K will bring fins more up to date, and Q1 will be first turbo boost, but we have to expect start up costs to be a factor for a while.
End of 2020 is when I would look for revenue to substantially pull away from operating expenses.
5 separate candy products for 30 teams = 150 SKUs heading out coast to coast. That new Houston facility is going to be mighty busy once it's up and running. Packaging really does look terrific too --
https://investorshub.advfn.com/uimage/uploads/2020/1/16/sbwfkScreen_Shot_2020-01-16_at_2.50.06_PM_copy.png
x-ray, no love for the creamy caramel john/balls?
Wetber, you are not in the minority. The day Garnock's involvement was announced was the game-changer. You only have to look at his history of investing with Cronos to see that he reached out to Verus in 2017 to assemble something equally huge.
Disruption Labs in Austin and Success Labs in Houston... Both in the supplements and nutraceuticals business. One with the nano process, the other with the Nutribrands range and a distribution network...
Can't wait for the curtain to get pulled back and reveal more.
Size queen.
LOL. Thanks for the visual.
Patience, broken record. Long game here.
Verus's new auditor CBIZ/MHM now up to 7th largest in the US --
https://big4accountingfirms.org/the-top-accounting-firms-in-the-us/
turd4turd, thanks as always for the great DD and insight. I always learn so much from your measured, informed contributions.
Only 10 trading days to 10K due date.
2017 - $2.9 million sales.
2018 - $5.8 million sales
2019 - on track to be $13.5 million which would be 132% YOY growth.
2020... [Insert rocket lift-off gif here]
Bear in mind, the last reported Q ended July 31 when nascent MLB ice cream and candy business accounted for just 1.6% of revenue.
Let the good tubs roll.
Tight shorts under the toga?
“Nest stock”? Somebody’s buying. That 2.8M wall on the ask at .017 already down to 1.2M.
Slap city.
Pasting boilerplate disclaimers day after day not fooling anyone. Gummies rolling out coast to coast in time for Opening Day. Winning season ahead.
Anything positive about the company you want to add, Polvo? LOL.
In OTC, I’ve learned it is essential to distinguish between the trading action, which is continually distorted by MMs and co. to fleece the endless fresh supply of ignorant, emotional retail (amplified by bad actors on forums like this), and the inherent progress of the company, which has been pretty amazing over the past year.
2020 set to be even better.
Long game here.
Well said Crozz.
Monaker even got sued by its own shareholders for funneling money to prop up Rbiz (pre-Anshu), all while running up monstrous expenses and bonuses on minuscule revenue.
$87K revenue and $1.65M expenses for past three months is Hindenburg time.
Verus 10k coming in 11 trading days will confirm double the annual revenue from last year.
2020 set to quadruple annual revenue at a minimum.
Amazing growth here.
... with samples of the new MLB candy designs too. I really do like the new packaging and gummi shapes. Feels like they’ve been part of baseball for years. Jim Wheeler’s a bit of a powerhouse.
Onto batch two. Thx molee.
Fair enough about Monaker. But I'm not going anywhere. Great year ahead.
PPS rebounded to .029 on manufacturing facility news after bedwetters sold this down to .011 the first time Monaker news dropped.
Monaker now have half the shares they did in Nov. and are clearly reluctant sellers with triple-digit fins dropping in two weeks.
Market Makers love nothing more than retail making panicky, short-sighted, uneducated trading decisions.
GLTA.
Agreed. Those remaining preferred Verus shares are all going into Monaker management's pockets at some point.
It's actually 77.9M, estate. Monaker sold another 10M in December. You have to scroll down to the "subsequent events" in the filing for the latest figure.
Financial updates coming soon enough. Production line getting into action. Long game here.
Monaker financials have only gotten worse too.
We had a net loss of $8,707,550 for the nine months ended November 30, 2019, compared to net income of $2,152,963 for the nine months ended November 30, 2018, an increase in net loss of $10,860,513 from the prior period.
Q Revenue of $ 89,168
Q Expenses 1,642,110
As of November 30, 2019, we had approximately $3,299,346 of current liabilities.
And let's not forget ---
Effective on June 14, 2019, the Compensation Committee of the Board of Directors of the Company approved a bonus to be paid to Mr. William Kerby, the Chief Executive Officer of the Company $400,000 or a bonus of $160,000 for his efforts and actions on behalf of the Company during fiscal 2019.
What a mess.
Monaker Q -- 77.9M shares to go. Looks like they issued those notes to themselves in December instead of selling. Still got a ways to go, but at least they're only at 10M a month now.
"As of November 30, 2019, the Company held 87,059,682 shares at a value of $0.015 per share which amounted to $1,305,895. The Company plans to liquidate the Verus common stock within a year."
"Between December 1, 2019 and January 8, 2020, the Company has sold 9,083,758 shares of Verus common stock to the public in open market transactions and generated $176,374 in gross proceeds."
Fourleafclozer, Monaker Q has only ever been been due Jan 14. Could well be filed late too.
twat4twat, perhaps John/Balls can help you with your soggy french fry. Or maybe check out Celz.
All this attention. I'm starting to blush.
Let's compare credentials.
Verus and its partners
Sheppard Mullin
Euler Hermes
Michael McGowan
Fulton Bank
Nutribrands
CBIZ/MMH
Major League Baseball.
Blue chip, white shoe, proven history, flawless credentials, national recognition, global footprints, etc., etc.
All Caps Guy
Yummy of the Month certificate.
Erm, that's it.
So the Harvard/Georgetown General Counsel with the impeccable 30-year resume joined Verus to be SVP of lying to the SEC about easily disproved fraud...???
I'm no hairy beary award-winning Fire Island pin-up, so I guess I will just have to defer to Balls/Deep in these matters.
Reality check is the $600k note was paid off early last fall.
Why "obviously"? Company paid off the other $600K note from GS Capital that was also due in November early.
"Contrary to speculation, we do not have an equity stock sale program or ELOC in place, nor do we plan to have one. We are not pursuing toxic debt and intend to avoid any deals with derivative liability."