Tuesday, August 11, 2009 11:28:03 PM
Let's face it. Six months ago the world was coming to an end. We've seen hundreds and hundreds of companies announce not only decade low sales and earnings but their worst results in many years beyond that. Hundreds are issuing shares. Dozens and dozens are reverse splitting. Hundreds are taking in billions of dollars so they can report billions in losses only to NEVER, I repeat NEVER in this millenium turn a profit over the carry over losses they've incurred. And what has happened? The market has rebounded over 40%. Some stocks losing several dollars per share have bounced 100, 500, 1000, and even 3600% from their March lows. Why? Because they are sound investments now that the worst is behind them.
With that said, I feel it is pretty simple. Why hold off to release something bad to say unless you have something else very powerful to say? We have new money. We have a golden child of an icon and a golden new product. We have new eyes. We have fresh pockets. We have millions in an investor class that can reach out and touch the new beer product each and every day as it is released. We have millions more reaching out in anticipation of the growth that will be realized not over the next month or two. But the next two to five years at a minimum.
The past month has been the busiest the company has ever been staging our products in front of not less than 500,000 people in no less than 25 cities, putting the beer out all over Michigan, bringing in well needed cash, shipping product orders, not to mention whatever had to be done to bring all these new distributors online not just in Michigan but in the next states to be released PLUS whatever had to be done to prepare for the bottle releases for mid August. AND EVERY SINGLE BIT OF THIS HARD WORK AND EFFORT HAS BEEN DONE SINCE THE QUARTER END OF APRIL 30 THAT IS BEING REPORTED THIS WEEK.
Not many CEO's would have slowed down but we shall. I for one expect the 10QSB by Thursday at some point. Makes no difference when. The sales don't matter. The shares don't matter. I want to see some guidance. CEO never does give it. I believe he needs to give it now. Let everyone know we've turned the corner. Let us know what's happening today. Let us know the numbers are better today than they were the end of April. Then we'll be on our way. After all, EVERY, I REPEAT EVERY COMPANY OUT THERE THAT HAS SHOWN THEY ARE BETTER TODAY THAN THEY WERE BACK IN THE FIRST QUARTER OF THIS CALENDAR YEAR HAS SEEN THEIR STOCK GO MUCH HIGHER.
You see that, and we repeat the process all over again from 2006-2007. Only one big difference this time. We will have 2-5 years of increasing sales every quarter instead of one good year and then declines.
Then we'll meet again in September and talk about how it's all going according to plan and just perhaps, even better than planned.
And I would actually laugh at anyone who thinks we should be concerned about anything else other than TODAY and TOMORROW and I welcome the rest of you to laugh with me at those that disagree with my considered opinion.
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