InvestorsHub Logo
Followers 1183
Posts 134793
Boards Moderated 3
Alias Born 08/27/2003

Re: MikeDDKing post# 195341

Tuesday, 05/12/2009 4:27:32 PM

Tuesday, May 12, 2009 4:27:32 PM

Post# of 275592
VBDG -- 5/12/09 update:

VBDG update -- monster game-changing news on 5/11/09:

Press Release:
http://finance.yahoo.com/news/Corrected-Version-Vertical-pz-15203763.html
8k SEC Filing Details:
http://tinyurl.com/ofxlnt

My take/summary:

It seems like all of VBDG financials concerns just disappeared. VBDG has massive demand via unfilled orders from 40,000 retail outlets. A much bigger fish (P2F Holdings) has agreed to bankroll their orders 100% in exchange for a portion of their profits. They will pay for all manufacture, distribution, delivery, inventory, and overhead for VBDG's retail sales and split the profits with VBDG, giving back VBDG royalty checks which are 100% profit to VBDG since P2F will bankroll EVERYTHING. In the dream contract, P2F is guaranteeing them as absolute minimums millions of dollars every year including $2.8 million in the first 2 months (ending June 30, 2009) which is, again, virtually all profit since P2F is taking on all of the risk & expenses. Meanwhile, VBDG's expenses on top of this have fallen off a cliff. VBDG will be easily nicely profitable going forward IMO without even trying.....in this case, quite literally.

In the mean time, while P2F does all the work, takes all the risk, and handles all of the expenses, VBDG is left to develop new products and focus on the development and selling via infomercial while receiving guaranteed large checks from P2F.

Also as part of the news, they successfully renegotiated their notes that the market was concerned over to terms that require zero payments until September 2009 and then only $50,000/month. Total dilution = 0 shares, 0 warrants. Absolutely NONE as they have no foreseeable need to raise a lick of capital.

VBDG has 30 million shares outstanding and a tiny market cap, very few expenses now and a guaranteed highly profitable income stream.

ALL IMO

Raw

Research & analysis on some of my favorite stocks is located on the sticky note on the SwingTrade board.

SWING TRADE BOARD: http://investorshub.advfn.com/SWING

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.