Aqua Vie Beverages (fka AVBC)

[Long]

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.