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muddhole

07/17/12 7:23 PM

#27920 RE: BigBake1 #27919

Well, I'm sure you will give me another "laugh out loud", but I'm really hoping Roys shows us a PR with another distribution agreement.

I'm not talking about with Coke or something like that. Just further distribution. Such as regional Walgreens. That would be a confidence builder for the shareholders.....as Walgreens in Florida have basically had a probational period with this product on the shelf.

Obviously yes....it would be nice if we had sale numbers....esp April-now.

I know those previous PR's with distribution in Georgia and Alabama took a bit to mature...as I personally called the distributors or went to the stores to verify P3 ended up on the shelf. Most of this wasn't in March but later.

Yes.....crazy debt...now more shares. If Roy doesn't pull a stunt to raise the PPS.....then yea..eventually will have to RS or Increase AS.

cheers
mudd

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PLUTUS

07/17/12 8:43 PM

#27921 RE: BigBake1 #27919

Looks like liquidity has already dried up.

This one is BK bound for sure.

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DrPope

07/18/12 2:22 PM

#27933 RE: BigBake1 #27919

BB - what is your take on the following, from the very end of the recent report, subsequent events;

"On June 14 2012, we entered into two promissory notes for $100,000 and $40,000, respectively, with two current accredited investors. These notes are subject to an interest rate of ten percent (10%) and are due the sooner of (i) October 14, 2012 or (ii) from the proceeds of the next funding. We received the $100,000 payment on June 27, 2012 and the $40,000 payment on July 9, 2012.

On June 26, 2012, we entered into a promissory note of $110,000 with a current accredited investor. We agreed to pay a finder’s fee of $10,000 as we received the net payment of $100,000 on June 28, 2012. The note is subject to an interest rate of ten percent (10%) and is due the sooner of (i) October 14, 2012 or (ii) from the proceeds of the next funding."

Why do you think investors would throw more money at this, given the public information available? And why such a short maturity?