Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
Thanks, Charlie. No, I am not surprised. I did expect it would be in at least a few stores in TX Wash DC and Baltimore, because the PR said it would be available the week it was issued, not the usual 30, 45 or 60 days.
CharleyMike - did you find any this time?
There sure are a lot of PRs again about product in Safeway affiliated stores now and within next 60 days (again).
As always, we won't know the truth until the quarterly filing for this period in December or Jan 2003.
I hope today's volume in AQVB becomes the norm and TG et. al. are unable to scam any more investors.
LOL, oldblue, earlier in the year they were sueing Lyons for lack of quality control. You are correct, I dont believe 10% of the information in the PRs due to the disclaimers and safe harbor clauses and past performance by the company and truth in the previous PRs.
Still no news from the company on either matter. Still assumptions as to what is going on. PRs do not say anything about current woes, only forward looking.
I don't know about it being a great product. Everyone save 3 or 4 of my acquaintances thinks the flavor is great. Seems 90%+ posts on RB like the taste. I took a couple of sample packs into work - wide cross-reference of folks and everyone liked most of the flavors. So it is a great tasting product.
But I kept up with the quarterly and yearly reports, and the last report said production problems for past two years. Not a great product if it can't be produced. That may just be another Company lie, as the problem with the bottler for the past two years was not in last year's yearly report and production halt was announced a few months ago - last quarterly report - April 2001? So the company is going under because they cannot produce this great tasting product. Only one bottler willing/capable of producing and AVBC says they cant do it right for past 2 years. Perhaps they can only produce in small quantities and once Albertsons orders came in they dont have a process to handle. I dont know if any other companies are using this process, or did AVBC try to recreate the wheel and fail?Other lines - smoothies, etc. have not been produced either.
As we all have said, to bad TG et. al. swindled so many for the past two years while they could not produce in marketable quantities.
I had to LOL also when they blamed Sept. 11 attacks for their current lack of financing.
I guess they are trying to keep the stock/cash mill going as long as possible. IMO even if they figure out how to produce it, they are too far in the hole and will go belly up.
IMO only chance to make money off of this is if they sell formula and someone else figures it out. AVBC would have gone under two years ago, just as they are since April quarterly report, if they had announced the production problems two years ago when they were occuring instead of the onslaught of PR with new clients and orders.
Chartman, I am surprized that any company with the cash flow of this one has survived so long. Compared to, say, the .coms worth billions that are now gone.
IMO no hope as an investment due to the ownership rights.
Anyone who invests in this knowing an unlimited quantity of stock can be, and has been, issued every month, is not being hopeful, just emotional.
As far as hope that they will achieve permanent success in any regional market, IMO none also. They have not after several attempts.
Hope that this is not just a scam? IMO no hope that it is just supreme imcompetence by both the management and those who keep throwing good money after bad in an attempt to market and sell this product.
In case I have not been clear, I see absolutely no hope for a successful company and I dont think they will be around in 2002 unless they put out a good financial report to get more investors.
Oldblue - I still can't find the optimism you do, especially after all of the failures, but I can see they are making strides in CA. If they last on the West coast longer than they did on the East and in TX, then I would say that would buy them a little time to improve thier operations, but definitely not for a long time.
I say TX because I have not read any recent posts from there, and the last quarterly report was not very good, so it seems the same fate as NYC.
I think the employment all across North America notice is just a line to reel in more investors, as they announced a new deal with Magnus and obviously do not have the funds to expand nationwide. They will use distributors as they always have and per their latest PRs. What ever happened to their NYC office? They dont have any work for people nationwide other than calling on local distributors.
I guess time will once again tell who is correct. The yearly is due in Nov. and 1Q in Dec, so we shall see shortly.
The web site is a definite improvement over the 1999 potato sack girl. I like the jobs advertisement - throughout North America.
Maybe the scant few who post here do not watch those shows, but I could not imagine this company not issuing a PR at the time they were actually on the shows in the last PR, considering The West Wing and I suppose all of the others ended their seasons months ago.
The PR you refer to does not address production restart, just announces that they are in love and have reached a new agreement. No mention of volume, just they think greater sales will necessitate higher volume and that this new agreement ensures us that all is well in Denmark.
If you believe production has restarted after the announced halt, then you are assuming, or have information other than the company issued PRs.
Mexico City has been documented by more reliable sources than those issuing PRs for AVBC, but you may believe in Santa Clause for the same reason, so I wont argue with your misguided logic on this one.
Two more words re the latest PR
B S
knepperbob says seeing a bottle of AV on two episodes of Charmed last year.
Was that ever announced in a PR?
I remember a PR mentioning a few WB shows, but I have only seen 3 episodes of Charmed and only saw one post of a sighting. Perhaps knepper and I are the only ones here watching Charmed.
PR says it was in The West Wing, but I never saw it and no one here posted seeing it. I never saw a PR announcing an agreement with NBC for product placement.
IMO this PR is forward looking and contains untruths like we have seen in most in the past. The company has not "turned the corner." We will see another year of the same.
Too bad no PR stating production resumed.
BOP - I find it interesting that you think it will pop again if an R/S and then it falls back 5X to 8X due to everyone bailing out. I dont think the stock price will repeat the same explosive startup jump again due to the history since the last R/S. Remember it was a startup with potential revenue (PRs) in a very overexuberant time in the market.
But, as you say, anyone who invests at that time will be smiling if/when TG finds another group of suckers like knepperbob's.
Ah the Great American Way of cashing in on others misfortunes. Just waiting for the sheep to be lead to the slaughter. Do we descend to the same level of hell as TG if we invest in his little venture knowing this going in?
Interesting how TG is silent now also, maybe we will learn something in the end. I'll wager that if they have doubled the outstanding shares in 2 years with no public stock issue that they have covered their rears legally.
I read knepperbob's post on RB that he sold and moved on. I guess he is into making money on stocks more than an online psych 101 class. LOL
Dilution of 9 million shares in 3 months again = losing over 20% of value each quarter. I see no way that this company could produce enough revenue to make the stock move. It has become boring even to see if they are going to be successful. One can watch a loser only so long. Even if they keep the Albertson's account and get, say, two more of equal revenue, they will still go under.
After all of the theories over the past year, I am keeping with my opinion after the P&D of summer 1999 that the many posts from long timers at that time were correct that this was a scam from the beginning with only one goal of getting people to buy company shares to benefit only the company owners. I cant believe that they would not have either gotten the company off the ground or sold out with the shirts on their backs to someone who could, like normal businessmen. The dilution and financial tricks to cash in on the .com mentality of investors in 1998 and 1999 are as obvious now as they were then.
Meeting TG in person must be like meeting Trump. People just open up the wallets after hearing the golden tongue.
Good points and good post BOP. It appears to me that the only thing keeping AVBC from having failed in the first 2-5 years is the seemingly unlimited funds from selling stock and getting financiers - which are of course related.
I follow a few otcbb boards on RB for stocks I sold out of that are now going under. One comment on the OSFT board was that there is no cash available to resurect the company. I always chuckle when those fundamentals are applied to a company, when we have not had that issue on AVBC for three years.
I also chuckled when I saw a news program last night about a "producer" that set up an extravagant fundraiser for the Clintons among various other events and giving cash to both, and was snubbed by both after his federal criminal record (stock market related, of course LOL) became public and he tried to get a pardon from President Clinton in return for the cash donations. Obviously, it reminded me of the Kbob situation with AVBC.
Down a million bucks and no one will aknowledge him now that there is no more money flowing.
It is amazing entertainment.
OLdblue, I love the product also - 5 of the 7 flavors anyway, but it may be time for new management or new blood to take over the reins and get this produced and distributed.
At this point, I would just like to see it in stores at a reasonable price, and dont think they will be able to pull this stock out of the crapper anytime soon.
Sounds like you are addicted. I find several Sobe and Arizona Tea flavors equally as good, but I usually go through a case of AVBC in three days when I order - not often anymore.
My input on lack of response - they know you post, so they will be as tight lipped with you as everyone else. One post her of MadFranco response - she does not know. Everyone has their breaking point.
BINGO, IMakeMONEY, the fact that it was all sent to the SEC by one or more AVBC investors means if they find enough merit in the accusations, they will be investigating AVBC's involvement as well.
The outcome of any investigation will yeild info beneficial to investors and shrareholders and will have a substantial effect on the stock, IMO.
Post 440 was not revived because it was addressed to some annonymous "Gary", although that does show some imagination on OB's part, it was revived because it is relevant as a response to the voluminous posts by Gary, contained an insightful article on OTCBB stocks, and did not violate any rules. I also note that OB, BOP and MATT agree with me, as they did not delete Gary's responding post today, which was entirely to bash Kbob once again, and IMO with the addition of namecalling and inuendo. To BOP's request for an end to the petty bickering, I only add to request a stop to repeating accusations over and over again without presenting new points or evidence. I am still waiting for some evidence in addition to the original accusations two weeks+ ago. (boring)
As BOP lists all of the other boards he has been to behave in this manner, it is no surprise to me that this one is any different. It appears to me the same individuals surf all those boards. It is human nature and reminiscent of AVBC2, where it was oldblue who complained about these dictator or chairmanship boards, where a member is able to censor certain posts, but others posts that may be infractions are not censored and remain unanswerable by the one being bashed and censored at the same time. Merely entertainment.
Anyway, WOW, a lot of shares traded today! Seems like more than a couple of points in kbob's article are relevant to this stock.
The article stated that most otcbb stocks go to zero. Does anyone have any research they want to share relative to the number or percentage of otc stocks that go to zero vs. those that make it?
Have a good weekend.
The general overhead seems somewhat constant regardless of the amount of revenue ( which we are assuming is related to production ).
I think Lyons is taking on the production and distribuion costs up front to receive the revenue first, so AVBC has limited production expenses, i.e. who is paying for lables?
Why did Madeline spin it as a "problem"? She is not as up to snuff with the PR lingo as TG. It may be a challenge to repackage as recommended by Ralph's and other grocers to increase sales. Too bad AVBC had not learned this last year when all of the other grocers were mentioned in PRs. I am not encouraged that PRs came out I believe 3 months ago and last month stating it would be in Ralphs, maybe I am confusing with Raley's. Now the IR/PR firm is just hearing that shipping was not possible at the time the PRs were issued and this problem that IR/PR obviously knows nothing about remains until today.
My other thought is that the quarter ending July 31 will be as dismal as last quarter.
Not ready to reinvest here yet.
Hypothetically, I agree with BOP, and common sense, that if dilution slows and it is selling in the three chains in north and south CA plus TX, there would be a lot of revenue and other fundamentals turning around.
I would be temped to buy at 1/8 according to your scenario in next 1 1/2 months, as it may "bunp" off the low with successive PRs, but most likely I would not until the next filing and the dilution is completely stopped, as they employ several financing methods that may slow dilution temporarily for a month.
If this co. pushed what I consider the limits of a small business - $5 million annually, the dilution due to admin. and overhead expenses would stop. That is what is necessary for me to beleive they would start to pay off their debt, have some operating capital, and wouldn't it be nice for them to buy back the millions of shares they sold in lieu of accumulating debt over the past 3 years.
Actually... the first 600K in the PR stating 600K in the first 10 weeks of that quarter, was revised to $192K in the amended 10Q for the Oct. 31, 2000 quarter filed June 21, 2001. The following quarter was revised to $563K, and the recent 10Q stated $750K total for three quarters instead of the $1.2 previously reported. I found it interesting that the bottom line stayed the same, they just reduced expenses to offset the reduced income.
If the production agreement in March 2001, the Albertson's deal was shipped in April, and the production halt was in April, it appears there was only one strong quarter of reorders. No explaination as to why a PR for $600K was revised to $192 three quarters later, sort of like Bush's fishy numbers. Maybe that is one reason there is a new accountant. Too bad quarterlies are not audited, but saving fees is paramaount now. No distinction between Acct. Rec. and Revenue? Someone suggested returned product, perhaps one or more of the failed distributor deals was on a forward looking shipment and restocked.
BTW, does anyone have a comment on the reduced quantity of outstanding preferred shares? Gave insiders a little cash to reinvest last quarter?
Good, I consider it an exchange of facts and opinions, which is actually the reason I came to the RB board after my initial investment in AVBC. Certainly differing opinions can be interpreted from the same information, or if specifics are not known at this time.
Regards.
IMO, if kbob did not file with the SEC, it was not required. He does not appear so ignorant to me as to have knowingly broken SEC rules, then post it to message boards. I think he has disclosed more than most do, but to take every statement as truth, then attempt to find discrepancies to disprove those same statements is getting some to chase their tails. Seems like a lot of assumptions, accusations, and requests for what I consider personal information to sort out perceived discrepancies.
I learned today that Oldblue buys AVBC low and sells on runs, but then comments that it was in 1998. That is just an example that we all know better than to believe everything you read or think you read here. I think you will see that you are only going to learn what others are willing to tell you, and you will never know the details of others private transactions. If you are shrewed enough to get someone to divulge a secret, they probably were not swift enough to have been involved in any complex scheme. Have you independently verified the 15 million shares statement? I dont think that is possible. If not, all is mute.
I dont find anything curious or related to your theory that he has violated SEC regs by participating in a syndicate and wanting to be director of this board. They seem related only in that he is an investor who enjoys chatting on the internet.
I dont find it interesting that the outspoken folk are posting here and not on RB at all about conspiracy theories born here. The usuall suspects are posting here, why on both boards. You imply that others on RB may be involved in "the syndicate"? I guess the only way to know is if those quiet for months since kbob has been posting suddenly decide to share their info with the world wide web and let us know.
IMO, if my financial advisor employed by my stock broker suggested to several of his clients to buy shares of a stock he himself has a part of ( and you know they get incentives for that sort of thing) and I bought less than 5% and not in violation of any other SEC reg., it is irrelevant what others are buying, even if in later conversation I am told the total was 15 million. I would merely report my sales to the IRS on April 15 like everyone else.
BTW, you could add to the pot the coincidence of the value of the preferred D to the 15 million shares during this time period. I suggest you will never know. Also the 144 stopped.
I understand that Lyons has been AVBC's only bottler since signed on 3-4 years ago. The 8K announces a new agreement with Lyons:
"Essentially, the terms of the
Agreement provide for financing of production and shipment of Aqua Vie product,
without fixed limit as to quantity of product or duration of Agreement, based
upon receipt of purchase orders. Lyons has agreed to finance production, without
finance charges or interest, and without any consideration in the form of stock
of the Corporation."
There is no news of any other bottler. I recall PRs of shipments overseas, but no overseas bottler. There was a PR over a year ago maybe that AVBC stated they wanted $20 million investment to among other things open another bottling plant East of the Mississippi, if memory serves. Their intent IMO was to do their own bottling and do away with contract bottlers.
The purpose of the new agreement with Lyons is to bring them on to share in the risk and profit of financing the production and shipment of Hydrators, instead of being a contract bottler.
I think Lyons Magnus is the only bottler of Hydrators and that they are referring to AVBC's other product lines that they do not produce. Their statement is the same as it was two years ago. It is purposely vague so it is applicable even if AVBC changes their lines and contract bottlers. We have seen no PR from AVBC announcing a new bottler. I dont think they would have hired another bottler without a PR, another 8K, or in the 10Q.
It would be good if they did, but it looks like they dont.
I agree Georgia Bard. Mine was an attempt at a dig at Rosey and others who seem to bash those who actually do read the filings and see those items such as you read and Vegas posted here.
Several theories including mine are compiled on the evidence, but can never be proofed unless irrefutible evidence or the person admits to the acts, i.e. who was shorting the debentures they held. It is common sense that something was going on, but some need it taped to a brick and thrown in their front window. Those same people seem to me to also fall for the conspiracy theories with absolutely no proof.
Hey, if I were an insider and knew the deals had fallen through Jan-Feb2000 or earlier (as in no Walmart deal) I would have shorted a million shares at $1.90 and been set covering 6 months later. It is shrewd business if you know a stock will fall, just as some buy stocks when they know it will rise. But no proof of if any insider did that despite the evidence.
I agree with airwalker that until we know if production remained halted during May and June, we will not know if the PRs were "too forward looking". I still say it has been the same with the other PRs - announcements made of product to be in stores on certain dates, then not. Perhaps AVBC "thought" that production would be started soon enough after the PR to support the May and June PRs prior to inventory running out, so it will be the same arguement as with all PRs. Unless someone with big dollars wants to persue TG with threats to go to the SEC, or actually file a complaint, no small fry will bother. To many assumptions until the company tells us when after April 30 they restarted.
The $40K revenue gives an idea of when during the quarter sales stopped, but that would be affected by the amount sold and warehoused by Albertsons in the previous quarter and how often they reorder. They may be able to restock their warehouses prior to running out in the stores, the sightings dont shed much light, as it has been disappearing in NYC and other areas continually. Obviously Ralphs has been delayed, but all rollouts have been, no change in how the PRs relate to product rollout due to the production halt.
My gut leans towards BOP's direction, based on the 10Q statement of halted production and none re: starting back up, and we are used to the positive statements as too forward looking, so silence on the startup is a concern. But no proof yet as to being halted for the past 7 weeks. Obviously product was shipped to southern CA during May, that should have come from AVBC inventory and will show up as sales for the current quarter.
Too many assumptions prior to the company telling us what date after April 30 they started production. They may not run out of inventory until after they startup again.
No way, Vegas, Rosey told me that GABARD and BOP were wrong! Were did you ever find this hidden info?
Sorry, but I am ROFLMAO.
People have to read and understand the filings to help them predict when it is time to fold, or at least get their story straight as to if they think it is a good investment for common shareholders or if they are just following if the company will avoid bankruptsy and become successful.
Interesting thought there, Oldblue, you are willing to recieve and believe the information from the company re: new accounts and promises that orders will be filled during stated periods, but dont think they have an obligation to state if the PRs are actually achieveable with the announce production and distribution halt. I would say further that they are under no SEC enforceable obligation to make any comment regarding restart dates, etc. in the next 10Q, as if production is back on it will be reflected in the numbers and the discussion of ongoing operations.
I think a company does have the obligation to inform shareholders when a company shuts down production. I think it should have been stated in the 10QNT instead of just checking the box no substantial changes in course of business. In this case, the company does not "need" the shareholders and is not responsible to them via the Board of Directors. You may be correct, though, that we will not get an answer to Birds question of whether the May and June PRs were issued when production was halted until the next 10Q. I think we will, though, as IMO the stock will continue to fall and new financers will pass until what is the biggest challenge to any company is resolved.
If you and the management would think a little instead of just following a company line of not caring about the shareholder the stock price will go up and the company may become successful. Those who think the publicly traded company, or who want to see a profit on their investment, is obligated to report timely substantial changes in the business will cast their vote by selling and it will be reflected in the performance of the stock and how the business community reacts to AVBC.
BINGO, BOP...
The same can be said for all untrue PRs if you ask me. It is all BS if the PRs are put out and within a week nothing comes of it. We got an education on "authorization" and what that means to this management, and apparently it is not the same for the market (reaction to Walmart and concurrent PRs) but any PR saying 30 - 60 days to retail availability or in stores, when it seems to be common knowledge among RB posters that the process normally takes longer than 30 - 60 days means prior knowledge that the process was not ongoing at the time of the PR issue, if you follow. Other option is a lot of done deals fell through. Worse of two evils.
Bottom line is the credibility is shot and as goes the credibility so goes the stock price.
This is not the first instance of bogus PRs. However I must say that I do not know the status of production. Was it restarted after April 30 and prior to the May and June PRs?
I dont know
yet.
A thought just occured to me that may stir it up a little more. I gather that Knepperbob invested with a group, some of whom are the financiers - perhaps "loans from shareholders" or preferred D holders - yet it seems he did not know of the production stoppage.
That adds a sinister twist to this yarn in my book.
As I said, I have nothing further.
But I am sure I will continue to post it.
LOL
After perusing the Management's Discussion of the 10Q and the posts here, we can see that the common sense applied during the quarter and in past 45 days (and knepperbob's relevation yesterday) by several of the more open-minded posters makes sense. We all know what is going on here, or can make an educated guess that the shenanigans include some scheme that is not yet apparent.
My only addition to the comments I read today and perhaps vegas and some on RB (have not had time to read it yet today) have already mentioned it is:
Why did the shareholders not hear of the production shutdown until June 21, 2001?
We know the answer, and that is why we argue with those who even today say they trust TG and say he is doing his best effort to bring the product to market.
In my book it is unacceptable to issue PRs stating agreements (authorizations) made and product will be in stores in x days when they know production was offline. At least last year they were just pie in the sky dreams that were not financed or production agreement was not in place yet to follow through on promises. Did I miss the PR last quarter stating production from the only manufacturer and financier is offline?
I did see a post here that I believe either Madeline Franco or an Albertsons employee stated there was an Albetson's ordering mishap. Hmm, maybe so, but this would have been the bigger news. 600K to 40K revenues - right back to last year.
As GeorgiaBard stated it is a matter of rhetoric and I almost, no I actually did, chuckle as I read the paragraph(s) attempting to put entire blame on quality control problem at Lyons. It may be true, but I cant help but feel it necessary to wait for more evidence to backup those statements.
IMO Lyons must be wondering what they got themselves into recently. I know less about Lyons than AVBC, but I would expect that with this filing and questions by thier people, they would make some statement as to the charges that they screwed up. I recall that they are not public, so perhaps we remain in a vacuum.
Either way, I will find it curious who puts the voluntary disclosure of strong buy on this one now.
I felt a twinge of pain, as I am sure all here did when reading about the production stop, you know, tough break, dont beat a guy while he is down, but I cant feel sorry for TG because I did not know about it months ago when it happened and I am not convinced it was out of his hands. What has he done since then other than put in a claim? What can he do?
Credibility is paramount.
But a sucker is born every minute.
I have nothing further to add, it all seems to be living up to my expectations.
knepperbob, IMO, there is no need to copy posts from RB to here. The individual posters can do that if they think it is relevant.
In fact this board should be considered a bread from the other, as we see, everyone reads both anyway,
It was a good effort, but as you see, insurmountable.
YMHO.
Thanks, kbob. That sounds so simple, you would think a loophole a battleship could float through would have been addressed by the SEC.
I agree that there is no way to track who is getting the shares, but the filings show income from sales of shares, so I could not figure it out. Besides this is entertainment as is gambling, so I try not to make it too much like work and read all the rules and regulations. Hey, if I did that, I would no longer be a novice and could not use the IMO disclaimer/excuse.
Good luck on your future investments.
So I ask, for crying out loud, who has been watching this company struggle for the last decade? It couldn't have been nobody, right?
IMO a decade is too long for anyone to keep interest in a water company that cant pull it off. Even if you disregard the pre-bankruptsy years, as I did, 4 years is too long. Think about what has happened in the stock market in the past 4 years. Who would waste time and money investing based on PRs and CEO assurances each quarter that have never come true on time or to the level announced? I was shocked that AVBC price skyrocketed the last time; perhaps AVBC had other financiers or schemes in play at that time. I recall a post about two individuals "hammering" the stock, no doubt some of the same effect that is happening now with your group. Perhaps after investigating that fiasco - PRs immediately prior to and after the Walmart PR, your FA should not have been so keen to make a quick killing here based on an "undervalued" stock price and promises of future greatness from the CEO (as you say selling the company is part of his job) when no evidence of marketability of the product. Who knows? Greed get the better of a lot of us.
I think 2 years is too long, hence it just did not happen this time either when you decided to take the plunge.
All of us here have taken that plunge at one time or another, some remain disillusioned by the failed rollouts, lack of sales, etc, and I am sure more will invest in the future as you did.
Well, knepperbob, very interesting posts today. I thought you were a little overenthusiastic when you started posting more regularly here recently.
Your scheme, ahem, assistance explains sufficiently for me the massive increase in volume of sales and what allowed the company to dilute so many shares when most small investors without TG access would have shyed away from a non-performer. I agree, that cant be good for the company rep. or share price. Oh, well, it got them through a couple of months at a higher price, until March anyway.
The company has been financed by TG from the beginning until today without exception with mature stock issued to him and then reissued to him when the supply has been diminished. Anyone reading the filings could have figured that out in about five minutes.
I read the SEC filings for AVBC - more thoroghly than just the financial statements that I usually do - and could not find what you describe. I saw the accrued salaries - good touch, eh. I have not seen anyone post where they could find to were the dilution was going based on the filings. If you can do it briefly, could you tell me where you saw this, or maybe even better, in the upcoming filing as we all read it?
Thanks
LOL, everyone getting their digs in today! LOL
I agree, we all know that AVBC is diluting its stock to pay expenses - they have been doing it for the 3 years I have known about them. And it is not illegal, you can read all about it each quarter. That is why the stock price is down and is why many have sold and waiting for some sales to stop the dilution.
Again, the problem with investor confidence, etc. is the company's CEO issuing statements - PRs - that are not actually true, or are so premature as to suggest lying or lack of knowledge of its business. I read a newbie offering that it takes several months to stock the shelves with a new product rollout. How come he posters here seem to know more about introducing a product than AVBC during the past few years?
knepperbob has come to the same conclusion as many have that the trading seems to suggest that the company is trying to pump up its stock with erroneous PRs to issue more stock at an increased price. Without the namecalling, which upsets those who remain steadfast that AVBC management is morally and legally correct in all its dealings, knepperbob's opinion does not seem refutable.
I dont have any knowledge of AVBC's latest financier kbob refers to, or if they are just relying on Llyon's Magnus to finance production and distribution, and I guess that deal knocks out the Plantinum factoring scheme. Should be an interesting 10Q this quarter and next when Llyons should be in full production accoring to the posts of increased store locations.
Thanks, Georgia Bard, as long as you are making the call, the rest of us dont have to.
That's right, over .02 as of today and the Bird is coming on strong. Let's hope for some good news.
No need to worry about it for 4 - 5 more days.
IMO, no merger or sell out is in the near future. I think the suggestions are only conjecture of what would be better than the current situation. IMO, the only assets of value AVBC has is its hydrator formulas and any other product lines developed, and the artwork on Hydrators. I dont know if their antiseptic preservative free process is proprietary, but if they created it, they should have been franchising it for the past several years to fund their Hydrator launches. I could see one of the big boys buying the formulas or in a partnership type arrangement, i.e. commission to AquaVie for each case sold, but why pay more for the company? The big boys would handle the marketing, distribution, production, financing, and everything else. Seems like something they would have pursued after the first NYC launch when they needed production, financing, and distribution. Personally, that is the direction I would have gone, but I do not hold preferred shares, etc. here.
I recall a PR saying AVBC needed $20 million to open its own bottling plants, two in the US I think. I think TG wants the whole enchilada and considers selling or franchising the formulas as taking a back seat.
AVBC is not as successful today as TG expected in the PRs two years ago, but I think he will continue in the same manner until he succeeds in getting it to market or the cash flow runs out - not in the near future.
Obviously they will be in a better position for financing and partnerships if they can boost sales to a profitable level.