Replies to post #7883 on Jammin Java Corp (JAMN)

[Smushie]

Known fact...Jamn Java has no Cash to pay for much! Most Employees are paid in Stocks & then have to sell the Stock to get a pay check! Doesn't matter how long someone has been on this site.....it's knowing what's behind the scenes to protect your money or to make some money.

[Brophtron]

OK, fair enough.

haha brophtron I did read the entire 10-k when it came out, unfortunately I did not memorize it and should have read it more then once.

OK; fair enough. I don't remember everything myself.

The licensing agreement with 56 Hope Road is first and foremost the most important agreement they have in place as they licensed the 'Marley Coffee' name to JAMN.

It's also why no other company will ever buy out JAMN - the license agreement can be revoked for cause at any time and you can guess who determines "cause".

The Mother Parker's agreement actually pays JAMN $.04 fee per Kcup and $.06 fee per Blue Mountain Kcup and MP pays this in monthly installments.

I don't think it's that low. JAMN donates 1 cent for every RealCup sold to WaterWise and there's no way they're giving away 1/4 of their gross income to charity. I'll have to do a search tomorrow, but 15 cents sounds right from memory.

The only thing that JAMN really needs cash for is to pay its 25 employees.

They have to buy the beans from Marley Coffee Ltd.
They have to ship those beans to Mother Parkers and have them roasted.
There is rental for their headquarters.
There are costs for marketing, advertising and PR.

They won't ever have a problem raising money when they need it

They've had problems in the past; that's how the Ironridge deal came up. 6 months before Ironridge they had taken out a line of credit. They couldn't afford to pay the interest and got further behind on their accounts payable and Ironridge had to bail them out. You know what happened recently? They started going 120 days past due on their payables and just took out a line of credit - sound familiar?

Rohan and family will not simply let it fail.

Sure they will. Rohan owns about 10% or so of the company - do you think he put $2 million into it? What other Marleys are big shareholders in JAMN? None of them are. If JAMN fails, Marley Coffee Ltd. can still be in the coffee business and never miss a step.

You realize that when JAMN spends money advertising the Marley Coffee name, building the brand and awareness, Marley Coffee Ltd. gets the benefit of that exposure, too, right? Do you think Marley Coffee Ltd. pays for office space or a staff? Nope - JAMN is picking up that bill.

It's not just Rohan. The whole family is involved because of the 56 Hope Road agreements. If the family really wanted to capitalize in the future, couldn't they just come out with an IPO for 56 Hope Road and merge all of their smaller private companies into it?

Why would they want to do an IPO? Why would they want a public company when they can just own the company privately?

When did you start following JAMN? I have been reading comments on this message board for 4 years. Two years ago i opened an account and only just recently decided to start writing on this forum.

I've been following since the Lautner Letter (google it if you don't know). I mostly post on the Yahoo message boards; one of those posters also posts here and I had to correct some misunderstandings they had about the Ironridge deals.