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Luxeguy

06/04/13 10:01 PM

#1501 RE: u238ed #1500

I just came from the cocktail party where this was being talked about tonight. I don't think they are inflating numbers to qualify for distribution in Core Mark and Mclane you have to be in at least 20K accounts. They also now have a huge distributor in Southern California and in NY that have come on board. They have Republic National the second largest distributor of liquor moving the product in select locations around the country. I also met a distributor from Indiana who has just started moving the product and another guy from Kentucky. The category has been talked about and featured also there is 3 more new Hangover products that have come out in the last month or so. The category is growing and the space is growing. They are also not raising money from shareholders they have one private investor I was told who shares the companies passion for the brand and the category and vision. Everyone agree Hangover Joe's is leading this category and its going to take more sales , a lot more money and distribution to continue to grow this brand. We also talked about them going to need other co packers in the near future.
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Magaret

06/04/13 10:49 PM

#1504 RE: u238ed #1500

It's fair to say that they have not focused much on the stock nor the investor which is why I believe the pump and dump theory is BS. I would have expected a more agressive approach focused on the actual stock and potential investors, maybe even a delay on the last Q just prior to the movie hype, but no, not Joe. The company has simply kept us informed concerning promotional events through social media, but nothing more. So what are they up to, and why are they not over hyping, maybe because they're really doing it old school. I'm sure many of us have had the need for Vaseline sometime in our investing careers, but that doesn't make every company a big dick! Go Joe!