Replies to post #18260 on Castle Brands Board (ROX)

[FUNMAN]

Dlicious, That's a real interesting report. Thanks for posting it, but it seems so weird.

We never heard about it during the spring, ROX never acted on it, there were no SEC filings, and there is nothing on the ROX website.

Could this possibly be in regards to 2018?

Everything about the posting date and action date seems weird. Why now?

I see that Devon Dixon posts on MarkBeat and weekherald.com

Are you a subscriber to this?

EventVestor on Interactive Brokers
https://www.interactivebrokers.com/en/index.php?f=23353

https://weekherald.com/2017/11/15/stock-buyback-plan-announced-by-castle-brands-rox-board-of-directors.html

Stock Buyback Plan Announced by Castle Brands (ROX) Board of Directors

Posted by Devon Dixon on Nov 15th, 2017

Castle Brands (NYSEAMERICAN:ROX) announced that its board has approved a stock repurchase program, which allows the company to repurchase 2,500,000 shares on Monday, June 21st, EventVestor reports. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

[FUNMAN]

Volume (Light) 318,352 with just over 2 hours to go
November 16, 2017 1:55pm ET


10-day average volume = 711,061


I remain very suspicious about two pieces of news appearing within 12 hours of each other, when one was patently FAKE NEWS, and the other included misleading facts that devalued ROX, specifically leaving the impression that ROX did not own Jefferson's 100% outright.


At the time noted above:

Still no 8k on the SEC site:

https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001311538&type=&dateb=&owner=include&count=40

Still no news alert on the ROX site:

http://investor.castlebrandsinc.com/releases.cfm


I hope the people buying today don't feel "had" by EOD or the end of the week tomorrow.