No they registered 100mm shares to dilute to raise capital to survive..to date jones has sold about 13mm shares and raised about 7 mm to survive..jones needs to dilute and raise more capital soon as they are running out of cash again, but that option may not be available to them , because no one is willing to put up cash for such high risk of jones turning the company around, private investors got burned out of 30mm on the national can launch in 2007 and jones has contimued to burn through cash yoy, surviving the last few years by dilution..
If I may, Mr nut is saying the normal path is to sell shares to raise cash, but they can not do that because of the terms of the current loan, this leaves a narrow path of selling more product faster, then collecting payment to use to produce more soda, all before the summer selling season is finished, this is posible but very difficult, so if you want the share price to rise go purchase some soda .... its that easy
It,s not hard to find...dumbo, go back 3 years to when jones was about to close their doors and was trying to sell the company,when meissner came in and registered 100mm shared to dilute to save jones, that would be an s1 filing, then you can find the 8k,s when jones cut tbe deals every time they wetr aboit to run out of cash to survive ,the last time they were looking to dilute no one stepped in and jones got a line of credit, the problem with the creditline is too many conditions and microscopes to dtaw on the line and not enough cash to save them, they also can not dilute with the creditline in place, dilution is jones savior, but no one is steppimg in to save them if they could dilute, but they can not..funny you are this clueless for all these years,
Dumbo, doesn,t understand dilution has keep jones alive, and jones would of went out of buisness 3 years ago,,, no one is stepping in to save jones as they run out of cash again dummy,, dilution is the only thing that will save jones, but no one wants jones shares, , you probably still dont get it..
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Dumbo doesn,t know what dilution is..lol
You think jones went from 26mm shares to 39mm shares in 3 years,because jones gave them to the sugar fairy to make #$%$ #$%$ berry,LMFAO.
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Dumb monkey, doesn,t know what dilution is..
Your embarrassing yourself again and don,t even know it....
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Jones has changed the. number many times because of dilution..Dumbazz
Updates are filed with the SEC..
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Jones told you dumbazz . Filed with the sec, ..jones has only survived this long from dilution, and no one is stepping in to save them "AGAIN" idiot...
Good to see you back on the board Dig. The next two periods will telling if the turn around is working
Walmart is not jones savior, dilution is jones savior, jones is only months away from closing their doors, soda season,creditline,walmart will not save jones...
Jones days are numbered..