Affinity Beverage Group Inc (ABVG)

[The Big Lebowski]

DD call with CEO on 2/23/2017



I finally talked with Mr. Costley. It was a terrific conversation. A very nice man that stated he is busy but always available to his investor. Here are some of the most important points we discussed.

***Please don't call Sodexo as he is now receiving calls from them in regards to all the calls they are receiving about Village Tea.

1. No R/S is seen in the future at this time. There is plenty of room under the A/S that could be used for acquisitions, etc.

2. They are getting all debts taken care of because in the future they will need to acquire real financing (as in not small change financing) to take care of contracts, etc.

3. We discussed The fact that it appeared more shares were being put into the market. He said they were clearing up the debt it was roughly $15,000. Also stated the 5% convertible notes are not to clear up debt.

4. I asked why Amazon was showing a backorder time of 1 to 2 months. He stated that the last contract with them had ended and that a new contract was now in place and that they were shipping to Amazon on a weekly basis.

5. New packaging was produced in China to address the new markets we they're expanding in to.

6. There are other stores currently ordering the product.

7. Sodexo is a contract. They can't really discuss until the first shipments are made. Carnival is a bidding process for each division.

This is all my own call and DD. I am loaded with shares and want to disclose that. I'm in no way giving any advice.




Replies:
Can you tell the CEO to use news
ronaldpa2 on 2/24/2017 12:36:29 PM


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