Thursday, June 13, 2019 6:45:14 PM
First I did not drive to the YIC offices yesterday or today. Big rain storm in Central Pa. I called this AM and got thru to Rob, the CFO and Co-Founder. Pure luck that he picked up the phone.
They are very excited about the planned marriage , agreement or whatever you want to call it.
From what I gathered it seems as though the marriage is relatively close but nothing exact. I ask a lot of questions but received few direct answers. If not public knowledge then no direct answer. I had to read thru the lines.
I have no idea as to what needs to be finalized.
I mentioned to Rob that I had read in the recent filings that Everett would be the Chairman and he said yes.
No other phone #'s.
I told Rob that we need PR's and updates and that Everett does not return calls. Seems like Everett's MO.
My final take from the call. :
I believe that the agreement is in the works and moving forward but I do not have any time frame. Since the process started in Jan/ Feb. it would only seem logical that 6 mo. is more than enough time. Hell major corporations do deals in months.
YIC seems to be pushing retail sales but in an intelligent plan /program. Make profit not just revenue w/o profit. It seems that when they re-opened in 2014 all hell broke loose w/ sales like crazy . Demand/sales = inventory/acct. receivable ( good and bad ) A cash infusion should be explosive. IMO.
These are only my observations and experience from reading between the lines. I wish that I had a 500K share position. The ice cream truck is coming but I do not know the arrive date. I will try to visit the YIC offices next week. Everyone should do their own DD. Now just a waiting period. One thing for sure. Rob, is a sharp guy w/ a good head and the others I do not know. Lets hope the best.
Recent YCRM News
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/29/2024 05:14:27 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/21/2024 08:53:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 09:23:14 PM
FEATURED Element79 Gold Corp Continues Fostering Local Community Engagement • Jun 4, 2024 9:08 AM
IQST - iQSTEL Announces $290 Million 2024 Annual Revenue Forecast • IQST • Jun 4, 2024 1:43 PM
ECGI Holdings Accelerates Strategic Initiatives by Securing First of Two $125,000 Convertible Notes • ECGI • Jun 4, 2024 12:15 PM
PickleJar Debuts Nationwide Contest With Brian Kelley for Fans to Win a Three-Day Bahama Cruise • NREG • Jun 3, 2024 8:45 AM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM