Replies to post #218 on Aqua Vie Beverages (fka AVBC)

[knepperbob]

OB,
Welcome back, kiddo! To be truthful, I don't think anybody has got any real idea of what the heck is really going on at AV at this point, including TG. Until he gets this thing worked out at Lyons, everything (and I mean EVERYTHING) has got to be on hold.

He's probably a pig in a poke right now. And dat's the plain, honest truth! Don't know why, but I do feel bad for him and the situation.

[oldblue]

BOP: In post #218 You make this statement.,(as of today we have a period of at least 7 weeks without any production). Can You back that statement up with factual evidence? I have not been able to find any thing that would tell Me if the production halt was for 1 hour or 1 month or a full quarter or has resumed as of this date.
oldblue, BC

[airwalker]

It would be interesting to know how much was bottled in the last quarter and to be able to subtract how much was retailed. That would give us an idea of the inventory to determine if "available" is an accurate statement.

Or, we could ask TG if he or the vendors still have any product on hand to sell and let the SEC worry about the verification. LOL

Somehow I suspect he'll be a hostile witness.

[Long]

I agree with airwalker that until we know if production remained halted during May and June, we will not know if the PRs were "too forward looking". I still say it has been the same with the other PRs - announcements made of product to be in stores on certain dates, then not. Perhaps AVBC "thought" that production would be started soon enough after the PR to support the May and June PRs prior to inventory running out, so it will be the same arguement as with all PRs. Unless someone with big dollars wants to persue TG with threats to go to the SEC, or actually file a complaint, no small fry will bother. To many assumptions until the company tells us when after April 30 they restarted.
The $40K revenue gives an idea of when during the quarter sales stopped, but that would be affected by the amount sold and warehoused by Albertsons in the previous quarter and how often they reorder. They may be able to restock their warehouses prior to running out in the stores, the sightings dont shed much light, as it has been disappearing in NYC and other areas continually. Obviously Ralphs has been delayed, but all rollouts have been, no change in how the PRs relate to product rollout due to the production halt.
My gut leans towards BOP's direction, based on the 10Q statement of halted production and none re: starting back up, and we are used to the positive statements as too forward looking, so silence on the startup is a concern. But no proof yet as to being halted for the past 7 weeks. Obviously product was shipped to southern CA during May, that should have come from AVBC inventory and will show up as sales for the current quarter.
Too many assumptions prior to the company telling us what date after April 30 they started production. They may not run out of inventory until after they startup again.