Replies to post #35208 on High Performance Beverages Comp. (TBEV)

[nit2win]

I did do my due diligence.....

The PR states "initial plans" NOT they have already produced 200 pallets.

As a matter of fact, this is just how well I've done my due diligence.....

At the time the company put it that press release, they had received an oral confirmation for a million dollar funding commitment. However, when the paperwork came in, the funder attempted "a bait and switch" and changed the structure and terms of the financing. By doing so, the funder created an environment which would not have been beneficial to the company.

Should the company have waited until after the funding was done and the money was in the bank? Absolutely, but they will tell you this funder was someone who they had done business with previously and had no reason to believe the funder would pull this type of stunt.

So even with the best of intentions, things can happen which curtail and delay a company's ability to move forward.

That was then and this is now. I'm very confident we will see product in the next several weeks.

[nit2win]

I did do my due diligence.....

The PR states "initial plans" NOT they have already produced 200 pallets.

As a matter of fact, this is just how well I've done my due diligence.....

At the time the company put out that press release, they had received an oral confirmation for a million dollar funding commitment. However, when the paperwork came in, the funder attempted "a bait and switch" and changed the structure and terms of the financing. By doing so, the funder created an environment which would not have been beneficial to the company.

Should the company have waited until after the funding was done and the money was in the bank? Absolutely, but they will tell you this funder was someone who they had done business with previously and had no reason to believe the funder would pull this type of stunt.

So even with the best of intentions, things can happen which curtail and delay a company's ability to move forward.

That was then and this is now. I'm very confident we will see product in the next several weeks.

[cadillac48]

BigMoney, nice reply, I remember that press release now

The stooge is squirming right now trying to spin it , wait and see. lol!!!!!