Friday, November 09, 2012 11:18:15 AM
Great update. I will update the board as well on my phone conversation with Jack yesterday. To start off I asked him if a marketing/branding campaign would occur with the release of PAWtizer products to Giant Eagle and he said that the company hired somebody to do PR about 3-4 weeks ago, which confirms what you say. Also this is about the same time they ended their contract with Alpha Dog. I had spoken with the founder of Alpha Dog at the time and she was shocked but it makes more sense for AAPT to have PR in house. I asked Jack about my situation with Target. I was one of the folks who got a confirmation about PAWtizer skus in Target. Although he could not confirm or deny it by name, he said that once AAPT had a contract in place with a retailer, the retailer generally updated their databases with the various products they plan to stock. The next step is for POs to come in to AAPT for the specific stores. This is why when the handful of us longs called Target we were told product was in the database but no set time frame on when available. Mark my words, we will see it there at some point. I asked about the machinery being operational and he said as far as he knew it was. Management has contracts in place with many large box stores and again, once the stores are ready to be stocked with product, they will be sending in POs. Jack told me I can call him once a week if I want updates. He said he doesn't like to respond via email because it's not very personal. I asked about the convertible note. He said that if it had been converted we would see it in the next quarterly filing which he said will be out on time. Less than a week i believe. I asked about samples and he was told by management to stop sending them out to shareholders. They want to keep the lid on the bottle about their product and formula. Samples are being sent out for press purposes.
It's a slow build but it is happening. This isn't a $20 stock with a staff of 100s. It's a small company trying to make another go of it. People can't expect overnight success (even Jack mentioned it all takes a lot more time than people think). I've been around since .002 accumulating and won't think about selling until we see .25
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