Um, ykw has been to Mundelein he has said so, that means ykw should call ZTHO headquarters and find
out what the #$%^ is going on!!! Vonny ( ykw) please find out what is going on and report back to us---look out below-last one here turn the lights out!!! If I read it right all inventory is collateral for the loans outstanding. I wonder how many employees are still in Mundelein??
It is now apparent why stock got hammered down to .15c. Bal Sht tells the story. Cash on hand is
down to $70k from $442K 12/31/13. Current Assets $1mill Current Liab $2.4mm. Incl in C.L. is short
term debt $715k. Ed Smith had to lend co $155k @ 14% [his loans don't come cheap] secured by
assets of co. With cash burn of $300k/mo co is just about wiped out. Owning this stock is like sitting on
barrel of dynamite, make that nitro glycerine.
I'm not saying co can't be saved. Sudden influx of orders would be big help. But where is co going
to get the funds to finance it? More Smith loans? More dilution? As it is there are more shares held in
reserve for conv debt. Although they do have $750k inventory Maybe a miracle? Biggest mystery of all -
why stock go up? I'd leave off with HAHA but nothing funny about this. #$%$ life support
Wait a sec, I left out the genius, ykw, maybe has connections with god of food supplements.
HAHAHAHAHAHHA HUH,,, OUT AT " $$$ SIXTY-CENTS$$$ " YOU SEE !!!!
THE RUMORS ARE TRUE !!!!!! THIS STOCK BLOWS!!! SUCKS!!! Lower than
whale #$%$ at bottom of sea !!!!! HAHAHAHAH HAH,,,
Well, the 10Q is out and, as expected, ztho lost $1.4MM this quarter. Not as bad as last year, but how much longer can this company exist after 20+ years of multimillion dollar losses?
By my calculations, the product is selling with a 3% margin - certainly not enough to cover any overhead costs. Is this the "dramatic savings" the contract manufacturer is providing?
Vonny, rumors that I hear are all true !!!! Look out below--Last one here turn off the lights
This is their normal routine - pumping the stock before the release of the 10Q which inevitably shows massive losses. They've been in this cycle for over 20 years, and there are still *investors* that buy the stock.
Even after these pumps, the stock is still worth less than 1/3 what it was after the 30-1 reverse split.
And, now, Canadians can not buy ztho! Another market that has no use for it...
With the good news of last week, the stock will go up im sure in the next two weeks !!!!========gooooooooooooo-ztrim====
Sentiment: Strong Buy
eldrupk, not to rain on your parade--if Aveka doesn't renew their agreement with ZTHO, what do you think will happen with production? remember Mundelein was just a prototype and I think on a former 10Q they said they were not producing in Mundelein !!
Take the CAPS LOCK off and get some decaf. This stock was 50 cents post-spilt so it's plainly not an investment. Trade it maybe but fundamentally it's a POS.
I always appreciate your insight and also the fact that you keep the conversation classy. Not something others can claim on this message board. I know you don't agree with my opinions on the stock, and frankly, you have been right a whole lot more than I have been with regard to ztho.
Thanks for the kind words and the well wishes...
WHY AT THIS POINT WOULD U EVEN THINK OF HELPING ANY OF " THE BASHERS HERE BY EVEN ANSWERING THEM NO LESS TELLING THEM SOME INFO ON THE COMPANY ???...THEY ARE BASHERS THAT JUST LIKE TO BASH OTHER PEOPLES STOCKS TO GET ATT. ".... LET it be and enjoy the ride back up, " I SAY ".....IM LONG THE STOCK, AND HV NEVER RAN FROM THE STOCK AT ANYTIME , AND HOPE THE RESTAURANT IS ONE OF THE FIVE TOP FAST-FOOD-CHAINS.....LET the bashers keep bashing and with the end of the year coming the price could easyly go lower......IF there is a revise split as one has written here, " I WELCOME IT "......THATS RIGHT === " I WELCOME IT " === VONMAX2 ===
Please don't get your hopes up - ztho has a nasty habit of releasing information that doesn't really say anything to keep it's stock price from plummeting to zero. Since ztho won't tell you who they sold to (like it is a state secret), you can never really determine the extent of their impact on the industry.
I also like the fact that ztho says that it is for a "national chain", then sneaks in that Mexican QSR sales are over 12 billion annually. Problem is, ztho never said it was a Mexican QSR (Taco Bell has the lions share of those sales, btw. The next 4 Mexican QSRs don't even come close), they just said that ztho was being used in taco meat. Something smells fishy here, and it's not the tacos.
eldrupk, I hope that this IS a turning point and you are able to make some money off this stock. You are a loyal supporter of this company (even though I disagree) and I don't like that you are being strung along for, lo, these many years...I wish you well!
I know I'm going to sound like I have multiple personalities from my comments the other day, but the news from the other day is an extremely positive sign. A quick serve restaurant is now using z-trim in their locations.. ACROSS THE US. Any ideas as to who this might be... This is highly significant!!! To get through the testing phase with a national chain is incredibly difficult. This is tremendous news, and industry validation for other restaurant chains and food processing companies as there is acceptance of the product now. There is something else to consider as well. Do you think a national chain would change their food formulation (a huge deal even from a legal standpoint alone) without assurances from the company (z-trim) of their ability to financially remain viable ?
There are now two very positive developments in the last couple of weeks, and while i am disgusted by the stock price, it would seem to me that things are moving in a much better direction.
Brightline may very well be re-thinking their investment, but maybe this is the bottom and a heck of a buyng opportunity ???
It boggles my mind to think that anyone would invest in this stock! It is now worth 1/5 of its value after the 30-1 reverse split, when it was selling at $0.02/share!!! I imagine Brightline is seriously re-thinking their investment, but I don't know if they can recoup their losses. All the new PR releases drive the stock even further down...
During the last two years, the largest shareholder had purchased more than 10 million shares, all for 1.00 or $1.25. Assume they bought the earlier shares at far less because they are deep underwater on the most recent ones.
Just 6 months ago ZTHO was calling themselves a biotechnology company, if you don't know what to call yourselves you probably are in trouble!!!