I came across this penny-stock site called "HotStocked". This guy (Todor Pichurov) put out a so-called review of PLSB today and basically trashed the company. In fact he sounded exactly like one or two posters on this board, but I'm sure that's just a coincidence. I'll tear apart his review and comment later -- it's full of a lot of misinformation IMO.
What I found interesting was the fact he was using this article to pump his own "analysis" software package. The timing of the article seems suspect -- he publishes it AFTER the stock drops.
Although there are many people who can see thru the smokescreen of corporate pump, that does somehow equate to a conspiracy. You are a little loose with your implications. BTW, 16 penny difference PLSB vs JSDA.
I really am saddened my broker will not let us short OTC stocks. Life goes on. Good luck my friend.
This guy Pichurov apparently can't read a 10-K. He claims PLSB keeps moving out it's one-million case deadline from Q2 2013 to 2014. The 2012 Annual Report 10-K clearly states:
"We have been in operation with our first product, Cabana™ 100% Natural Lemonade, for just over one year and we expect to reach the annualized one million case sale threshold by the end of Q2 2013"
"During April, 2013 we will begin the introduction of our flagship PULSE® product into our already well-established extensive distribution system. We anticipate that our PULSE® brand of functional beverages will attain the annualized one million case sale threshold in 2014."
Furthermore, they still stand by these projections in their Q1 2013 10-Q report -- THEY DID NOT PUSH OUT THE DATES.
The little moron couldn't figure out the projections were for TWO DIFFERENT PRODUCT LINES. LOL!!!! After seeing that horrendous goof, I decided not to waste my time analyzing the rest of his post.