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I second the notion on buying McD Sundaes !
DROP THE Q's !!
$FLES
Got in my car this morning to get to work, car temperature read 12 degrees Fahrenheit. Thought to myself, "What the heck am I doing here?"
Patiently waiting here for the next Q !!
DROP THE NEXT Q !!!
$FLES
FLES follow-up email sent, pending response..
Email to Jack and FLES Mgmt:
https://ibb.co/Yp0p8mt
Response from Jack:
https://ibb.co/8P7W2q5
We are still trudging along. Slow and steady I guess.
I guess as this point, I'm sort of just looking for confirmation that the 2 filing is being worked on so we can start tracking the Q2 delivery.
DROP THE Q'S !!!
$FLES
Manipulation is assumed here
Once the shenanigans ends, I think we will see a nice run. But before that, we need a solid catalyst.
DROP THE NEXT Q!!!
$FLES
Nice!
DROP THE NEXT Q!!
$FLES
Lol, yes - this. Hahaha!
DROP THE Q’s!!
$FLES
Alright ya'll, nearly 25M shares "traded" today with the PPS moving a mere .0001. I wouldn't pay much mind to the shenanigans. Still early in the week.
We took a huge step forward this week by getting the Q1 10-Q filed.
We also have the Stop Sign removed, and replaced with a yield sign on OTC Markets.
We're making progress, slow an steady.
We still have a ways to go before this takes off. What we need is solid catalyst to make that happen.
On standby for FLES to get current.
GLTA
DROP THE Q's!!
$FLES
Yep - I hear ya bro.
I'm not paying much attention to this daily back-and-forth my MMs.
I'm just waiting on the Q's for FLES to get current.
DROP THE Q's!!
$FLES
NO way? lol - Well, that didn't last very long now did it? haha
DROP THE NEXT Q!!
$FLES
Hi Crazyeye23, this is my last post for the day I believe.
I believed we were close as well, and you were right. It’s nice to have your optimism on the board, thanks!
We were told by OTC Market sometime back that once filings are made, an OTC Market representative will review the documents before making any changes to the information displayed on their site. There should be an update to their site tomorrow or day after, if I recall correctly.
In regards to the PPS, I’m assuming news has not been made public yet and we will see some movement tomorrow and Wednesday as well.
What we really need to see is a Q2 10-Q, and so we wait. We wait for the gods of FLES to grace us with a Q2 quarterly report.
Y’all can do it! DROP THE NEXT Q!!!
$FLES
Q1 10-Q was released to day.
https://www.sec.gov/Archives/edgar/data/1438901/000116169719000461/0001161697-19-000461-index.htm
DROP THE NEXT Q !!!
$FLES
I'm with you on that one yo. It's beyond me why it took such a long time to release the Q1 10-Q. And you're correct, 6 months to file to a quarterly report is an egregious amount of time in my mind as well. (Although I do assume a chunk of that time was spend trying to get the 10-K out the door as well, causing the time line for the 10-Q to get pushed to the right.)
I'm hoping the Q2 10-Q is also released in short order, and hoping to see some numbers that reflect positive growth as well. Also hoping to see some good PR's as well, at least one before the year is out. But before seeing any PR's, I'd really like to see the stop sign removed from the FLES ticker to put this ticker where it should be.
We don't have a clear picture one what exactly happened to cause a delay in the delivery of the Q1 10-Q, so it's hard for me to say it was an avoidable debacle. However, because there has been no communication from the company over the last several weeks, I can see how many have come to that conclusion. And honestly, I can't blame anyone for thinking that way either. We need more communication.
DROP THE NEXT Q !!!
$FLES
10-Q's will not be audited but reviewed
https://ibb.co/DQtpnBH
"Like every other publicly trading company on the OTC our accountants create the financial statements that make-up the 10q, and then an independent Public Accounting firm, Fruci in this case, approved by the Public Company Accounting Oversight Board (PCAOB), reviews the books including, banks statements, notes payable, stock transactions, sales, inventory, accounts payables, salaries, etc. and gives an opinion that they believe (or not believe) that the financial statements presented materially represents the company's Financial position." - Jack
I'm not surprised the 10-Q is not audited because we were never expecting them to be audited. I've asked the board on several occasions if there was a difference between a financial audit and a financial review, and have been told there is a large difference.
For the 10-K report, we can expect to see an audit performed.
For the 10-Q's we will not see an audit performed, however FLES is still using Fruci for their services to review their financials before they are submitted.
Good news is FLES is still working to get the financials completed, but we are still behind where we would all like to be.
GLTA
DROP THE NEXT Q !!!
$FLES
Hi stoflat, we've been told on a few occasions that the 10Qs will not be audited. However, they will be reviewed by Fruci.
https://ibb.co/DQtpnBH
"Like every other publicly trading company on the OTC our accountants create the financial statements that make-up the 10q, and then an independent Public Accounting firm, Fruci in this case, approved by the Public Company Accounting Oversight Board (PCAOB), reviews the books including, banks statements, notes payable, stock transactions, sales, inventory, accounts payables, salaries, etc. and gives an opinion that they believe (or not believe) that the financial statements presented materially represents the company's Financial position." - Jack
I'm not surprised the 10-Q is not audited because we were never expecting them to be audited. I've asked the board on several occasions if there was a difference between a financial audit and a financial review, and have been told there is a large difference.
For the 10-K report, we can expect to see an audit performed.
For the 10-Q's we will not see an audit performed, however FLES is still using Fruci for their services to review their financials before they are submitted.
Good news is FLES is still working to get the financials completed, but we are still behind where we would all like to be.
GLTA
DROP THE NEXT Q !!!
$FLES
Agreed, on all points.
DROP THE NEXT Q !!
$FLES
Hi everyone =) Dang , I step away from my desk for a bit and come back to some very happy news.
https://ibb.co/SRYrY5p
Jack has lied to me. He said I would be the first to know, and I wasn't. LOL J/k.
Nice to see positive vibes back on the board. GLTA !
Hey DKEZ, you still around bro? We got some good news today =) So happy.
Alright, next!
DROP THE NEXT Q !!!
$FLES
I feel ya bro. Definitely not a good feeling to stomach at this point.
DROP THE Q'S!!!
$FLES
Mornin Ax, I guess everyone handles things differently than others. It's ultimately up to them how they decide to go about doing things and nothing we can do about it unfortunately.
But Sid did provide me with a response, which was delivered to the board in a round about way. That should earn him some points I guess.
Screenshot: ttps://ibb.co/LSj6c5N
Screenshot because Sid mentioned I could directly quote him on it.
Drop the Q's !!!
$FLES
Morning Truthless,
A part of my brain also thinks that FLES shot themselves in the foot by releasing their 10-K earlier, because they've now set the bar high for themselves in the eyes of the public. For many of us longs who have a large mount of capital invested with them, it sure doesn't help us at all for the company being radio silent over the last few months. It is in fact, the opposite. Many of us longs are watching our tens of thousands become hundreds at this point.
The optimistic side of me thinks that Chris had good intentions earlier in saying he would deliver financials. But Chris is now stuck in a position where making a public statement may end up drawing more public ire, should his statements not be brought to fruition. No one knows the current status of the 10-Q's and are unfortunately left to their imaginations as to why the Q's have not been completed yet. This far in the game, it's really hard to be optimistic with the weeks just rolling by without any real updates. Every time I ask Jack for an update, the only response Jack's able to respond with is to the effect of, "the company is working diligently to complete the quarterly report ASAP." /bleh
I think Sid was making reservations on his responses to me in our discussion. I'm assuming it had to do with avoiding accusations of insider trading, and was likely commenting on his opinion of Chris's character as a result. Sid didn't make any mention of Tim, so I'm assuming Tim was not there. I don't know what statements were made in the past which are being categorized as deceptive, but I do think such statements are probably the reason FLES Mgmt isn't making any news public any longer. FLES is now in a position where they are letting their financial statements do the talking. (Financials which are now months past their expected filing dates.) However, the numbers provided by Chris in the last pre-10-K update shows FLES is still an operating machine which is generating revenues.
We really need an update here. An O/S and SS update. We need those 10-Q's to track the business performance. We need some PR's from the company as well to build investor confidence. Their silence is aggravating to say the least.
At this point, I honestly wish I had more money to flip this ticker to make up for my paper loss. But I'm a long with my capital locked up here until we see a turn. If this continues to drop, I'll probably load big once more and just continue to sit on it.
DROP THE Q's!!!
$FLES
Re: Site Visit Re-post
I posted a response to Justbecause516 in regards to the site visit last week, but it appears to have been deleted. Not sure why it would be deleted - but it was.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151922204
To summarize:
Sidvicious's refrigeration business just kicked off last week, which he told me about before he agreed to take time out of his schedule to do the site visit for the community. So he's been busy with his business startup lately. Sid also mentioned to me that he had exchanged several posts here on the board, which was not received well on his part, so he decided to not respond at the moment, since he was just being attacked for his efforts. I haven't done any digging on the matter, and just took his response at face value.
Just to clarify a little, Sid also cleared his position with the company prior to his visit, as to avoid having any grounds of accusation for insider trading.
At any rate, to summarize a few of the things we talked about:
- The fact that FLES has disclosed any financials when they didn't have to says alot about the company.
- FLES isn't a listed company, and is not held to the same standard as a listed company.
- Why did FLES file anything when they didn't have to?
- If you share something when you didn't have to, what's your end game expectation?
- Money isn't made in the stock market by looking at the same ticker every single day, hoping for a change overnight
- We spoke about his interaction with Chris, and in Sid's opinion, his description of Chris included words such as "intelligent" and "a smart guy."
- Also, in his opinion, he believe FLES will work out in the long run
Overall, I would say the visit went well.
DROP THE Q's !!!
$FLES
\(^.^)/ ~(@.@)~
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$FLES
Hey Jstn, at what point do you need to file with the SEC because of potentially holding over 5%?
I'm just a little confused. Are we supposed to file against their old O/S update? Or are we expected to estimate their current O/S, while having no clue as to what those numbers are - because the company has failed to inform the public?
Does the SEC hold individual shareholders accountable for filing if they have over 5% of the float? Or can shareholders also file an "NT" report, saying their filings will be late? haha.
We need an O/S update.
DROP THE Q's!!!
$FLES
Bleh, honestly - coming back every week and watching the decline is a drag, and only done because I work behind a desk and have an extra monitor to open a browswer tab for iHub to track the chatter.
Only good news today is that it's Friday. Which mean we have a new start next week to pray to the FLES gods to grace us with some financials.
End of the work day for me here, have a good weekend ya'll !
DROP THE Q'S !!!
$FLES
Grats dude
DROP THE Q's !!!
$ FLES
Morning DKEZ, happy friday bro.
Yep - FLES looking like they doing a good job in that area.
I keep thinking, maybe if they took 5% of effort away from their search engine optimization and ad campaigns and redirected some resources towards getting their financials current and perhaps a little PR, we'd be in a better position.
But then again, I have no clue about the inner workings of the company and what kind of crap they're trying to sort through. We do know they are short on human resources and an accounting department, so all I's can do is sit and wait and cheer.
DROP THE Q'S !!!
$FLES
MM's still playing games with FLES ticker. Maybe we end with a head fake green today.
/shouldershrug
Need information from company to support the run.
DROP THE Q'S !!!
$FLES
Looks like their SEO is working, lol. I'm sure by now, word of mouth has a lot to do with it as well. I'd be surprised if any their actual customer base is on this board.
DROP THE Q's!!
$FLES
I like the assumptions Tom.
One variable which is unknown to us is the conversion rates of the increased traffic to the actual online sales. Would be nice to see those numbers.
But if your numbers are in the ballpark, and my opinion is they are, I think Chris is doing a good job on the operations side of things.
I haven't done any DD on their web traffic. Thanks for looking into that.
DROP THE Q'S!!!
$FLES
Agreed. Radio silence from the distant end.
But they do read the board, so I'll just keep posting to let them know they still have some cheerleaders in their corner, lol.
Holy crap - the week started off slow but I'm glad it's Friday. Have a nice weekend ya'll. It's like we're in the twilight zone. Each week is the same. PPS getting yanked back and forth with new record lows, and we're still waiting for an update from the company. We need a change up.
Change it up. Drop the Q's, update the O/S, drop a PR, buy me a Hot Fudge Sundae ;)
DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!DROP THE Q'S !!!
$FLES
Morning Bro -
DROP THE Q's!!!
$FLES
Dude, tell me about it.
DROP THE Q’s!!!
$FLES
I also estimate we are around 200M.
We need an O/S update ..(>.<)..
DROP THE Q’s!!!
$FLES
Thanks for that Pirate, those numbers look good to me.
$DROP THE Q’s!!
$FLES
Company doesn't provide any information or public releases of value added data. People scrape together as much information as they can to come up with an educated guess. But in the end, they are just an assumption. And will remain assumptions until we see financial statements from FLES.
DROP THE Q's!!!
$FLES