Do you think you can just snap your fingers and make the product appear on shelves by 4th quarter now?
You just don't get it do you? First off, do you know how much exact time is needed? How do you know he's not already working behind the scenes and doing this as we speak. If he locked in on one of these deals that he stated and had plenty of money, I suspect he'd be able to get the products on the shelves even before the end of 3rd quarter. We just don't know. Again, you can't just shoot from the hip on pure emotion, you'll end up losing your credibility.
It takes time to set that up.
So tell us, exactly how much time does it take?
It's clear Adrian has not taken steps to do that because he's now considering selling off the line and making acquisitions, according to his CC and last PR.
Again, shooting from the hip on pure emotion. Never did he specifically say he was considering selling off the line, if he did, please show us. He did say that he has not executed it as of yet and has it in his back pocket. Furthermore, he stated that he can execute it at anytime but he's giving it some time because in reality what he would really like to do for the shareholders is to go make his acquisition.
So you are correct on the acquisition part, but not accurate on the LOI. And with regards to acquisitions, what's wrong with that? He would like to create some revenues and clearly stated that we can launch the energy drink brand again. That does not sound like he's getting rid of the energy drink. Therefore we will have 2 revenue streams and like he said he would like to acquire the subsidiaries to have multiple revenue streams. Not the same thing as what you stated.
He's afraid of Walmart reorders, so he doesn't even want to do a product run.
that statement at the CC reveals his true colors in my opinion. You get a big order from walmart and they want to reorder you should not have any problems finding a creditor. Such it may cost more, but you will find someone willing to loan the money for a reorder. You just have the show them the firm purchase order. If he is afraid of something like this he should rack up his marbles and go back to his sandbox and play. He should not be in the big leagues.
I think he's better to wait before going to Walmart. Big stores will charge rent to put up product on the shelf. And if your not established, he'd probably get more in debt, especially if there are no sales.