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Tuesday, January 07, 2014 5:41:08 PM
So I am entirely new to this Ihub site, but have been following this company for sometime.... back when they were trading above a dollar. I have been building a position this whole time since it broke back above a penny. Reading through many of the posts here there seems to be a good deal of doubt, which is understandable and a good deal of over-exuberance which I suppose is understandable as well.
The company without a doubt used to sell vodka in California and a few other places as well. My read on what happened is that even though the company was able to secure financing (see the Julis Bær fund) There were internal conflicts with the CEO and her family which caused them to go dark and 000 for sometime. I think the many doubts people have regarding "Why hasnt it taken off yet, they have been around for sometime" can be adressed by this. It would appear based on recent PR that the company is finally getting things back together and I would speculate that they should easily clear some financing based on prior relationships. Often times companies can use their contracts (Brazil and the DR) as basis for this financing as opposed to undergoing dilution to ensure the demand can be satisfied. The company has been admittedly vague to this point, but I feel that many of the questions floating around here should be answered soon. They have a unique product that given enough time and exposure should sell very well. Well that's just my read on it.
Good Luck!
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