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Replies to post #6966 on Up Tank

Replies to #6966 on Up Tank
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jzgeorge

12/08/12 3:24 PM

#6967 RE: DiamondFire #6966

The share structure is rather out of whack.

Okay. Lori Geitner from Shark Tank and QVC put in $200K of her own money. We have 82 products including 7 hour energy and a male enhancement product. Basically, we are looking at the next Five Hour Energy and the next Enzyte but almost all the products are in a spray.

Then, we have basically a merger with the nutrition side of HEMP that is about to be spun off and it looks like there will be a real merger but no one will say that officially and I have emailed a lot of the players.

So, this is a marijuana play as well.

Finally, the CEO has been in distribution since 1962 and he is signing up new distributors almost daily. Distributors have to put up $30K up front to get the distributorship.

Finally, there is a tie in with Ferris Holdings which a privately held company that does water manufacturing with something called an Agronifer.

Sales are up substantially to $180K per month and growing like crazy. CleanPath is having to move into new warehouse and manufacturing facilities after the first of the year.

There is no debt that I can find and the company will release audited financials before Christmas.

Also, there is no paid promotion going on but Penny Stock Geeks has gone mad over it.

Throw in some guerrilla merchandising with a NASCAR sponsorship, QVC, and a reality TV show. It looks like ICPA in the early days except hopefully it will go much further.