"Our management team is continuing to explore all aspects of the all-natural functional food and beverage industry, in efforts to effectively integrate and develop products tailored to those markets. The management team feels confident that its understanding of the market will allow for the addition of several functional food and beverage products within the next 24-36 months that effectively capitalize on our knowledge and experience, and are capable of developing velocity throughout the all-natural retail market space. The Company has access to a talented packaging and design team that will assist in the future development of well-conceived products and the appropriate consumer packaging that will allow for consumer interest, appeal and rapid adoption.
The Company’s primary goal is to participate in the fast growing and high margin all-natural and organic consumer products market, specifically organic fruit and vegetable juices that are both blended and pressed. We will launch our own line under the brand name Harvest Soul through our wholly owned subsidiary, Harvest Soul Inc. Further to this, we will continue to look for acquisition opportunities among companies that share our values and our vision." (Plan of operations : page 29)
yes, certainly alot of considerations and IMO red flags associated with this.
such as only starting with up to 2.3mil shrs, which tells me this could be drawn out for awhile(the overall buying by Carey), and that would behoove him to keep the pps low to get his 15% discount on already low prices
also:
and:
always had this feeling Quirk will not be around all that much longer without major in roads of success
and don't miss that part about just "giving" a million shares to Carey for doing this
All in all, a great deal for Carey, but if he takes his time to acquire further shares he will have more reason to keep pps low. But he will want them to stay afloat to protect himself, so if it stays down, look for another R/S to keep it propped up as soon as they are able.