You immediately assumed you knew and know everything going on with board posters and the company (up to the minute). You are so stuck up your #$%$ you can count your friendly bacteria. time to stop entertaining your hopeless life here of rants and insults and highly abusive nature that deserves a nice lonely life.
you are the idiot as I DO NOT THINK THIS IS A GOOD COMPANY TO INVEST IN...you are just on a disinformation campaign to distract from reality. that reality is you are jerk.
That person's posts are incessant. He is not out here to help, he has an agenda or is bonkers--and quite simply a pompous jerk. good luck on future investments, if you hold it may be a while always something better in the interim.
your approach here is pathetic. It is very sad and if real (doubtful) that you are here to help people you are the WRONG person to help anyone. You are extremely vain and as much as you think you are special you have a lot to learn. If you are wealthy it certainly isn't by your own efforts because you could only be good at one thing and that is isolating yourself from society--definitely not helping anyone. I am not for this company at all and I would tell all the longs to put you on ignore because you are late to this party. company puts out info and you come barking like you were right...you are joke--ignore!
??I was talking about majority owners hedging against their own position not company? I understand they raised funds at higher prices and that was a loss to investors. that was my point. they remain ready to further dilute so thats a negative. What did you think i was saying? I'm not long nor do I advocate buying this company. You must have had a little too much to drink when you read my post.
problem is that a majority of the company owned by those running it...who knows what hedge programs they have in place to minimize downside risk when market goes down. It appears to me that they remain ready to sell shares to raise funds, since they have done it already. Investors buying into the hype and buying much higher, hope they got out fast enough. It has been an interesting story here.
you are investing in management not the company because you believe they are executing. what cash flow? they need money at some point to continue operating because they are burning too much of it. you can't value this company based on revenue alone. this is not a proven story, use growth of revenue versus actual revenue. what caused the growth? an acquisition? can they continue that strategy to keep the growth story going? if so, with what money? stock sale?
now they put out a press release about fourth quarter results...dumb! how about first quarter 2016 results. no one cares about 3.2 ebitda...that's not enough to deal with the expenses, have to raise money again in capital markets (they put that in their 10-k) so will be diluted once again, but who cares its all John Rochon and son's anyway.
I've been very critical. I took the time during my morning coffee to read through 10-k. Here are some takeaways that caught my attention:
-We issued $4,000,000 of senior secured convertible notes to an accredited investor in November 2015 that is secured by substantially all of our assets and those of our subsidiaries. We also issued convertible notes in the principal amount of £3,748,000 ($5,753,000 at the date of issuance) in connection with our October acquisition of Betterware. The $4,000,000 senior secured note matures on May 19, 2017 and the £3,748,000 in convertible notes issued mature in October 2018
-As of December 31, 2015 and December 31, 2014, we had approximately $5.3 million and $1.0 million in marketable securities, respectively, invested primarily in a diversified portfolio of liquid bonds.
-In 2015, 71.0% of our revenues were derived from markets outside of the United States. In 2014, 41.4% of our revenues were derived from markets outside of the United States.
-During 2014, Tamala L. Longaberger loaned a total of $1,000,000 to the Company, bearing interest at 10% and maturing in 2015. The Company has yet to service loans payable to Tamala L. Longaberger. As a result, in connection with these notes, Ms.Longaberger on August 12, 2015 filed an action in Franklin County Common Pleas Court of Columbus, Ohio (“State Court Action”) seeking re-payment of the notes. However, it is JRJR’s position that her claims are inextricably tied to the broader issues related to her terminated employment and the claims asserted against her by JRJR and The Longaberger Company, including breach of fiduciary duty, fraud, negligence, conversion, misappropriation of company funds, civil theft, breach of contract, and misappropriation of trade secrets, in an arbitration action in Columbus Ohio. Therefore, on October 12, 2015, JRJR filed a motion to compel arbitration and dismiss claims in the State Court Action.
Management not honest, should be available by Monday...they better get there #$%$ in gear and post those financials..."I've done this for about 40 years and this is the most complex..."
all hot air.
i can't tell you how much good money is thrown after bad...if you are a momentum trader go ahead lots of dumb money will poor into this if it hits the movers list monday,,,if...if they have a press release with good info...otherwise it won't move. See the 10-k won't be too exciting. but hey what do I know?
i want to depart but I keep getting stalked with replies. I'm happy to stop communicating
7k shares gamble. I'm not wrong, they suck...earnings suck, only promises, you can keep waiting for them to deliver...they suckered everyone to put out all the bad stuff now to sell you some good stuff next quarter. I am moving on. I am happy I sold. There is some confusion obviously and dumb people will chase it and create momentum on the belief that they are worth more than $1. Go ahead, lots of momentum plays out there but thats not what this was supposed to be it was supposed to be an investment and right now its just a pure speculative pay with no track record of performance. increased revenues are directly tied to 2015 acquisition that's it, take that out no one would be cheering.
ok, best of luck, I've got closure and won't keep stalking the outcome..remains highly questionable no trust
scared? I've called in to calls before why would i ask questions they answered...got it, BDO is why they are late...extremely complex...bogus excuse...wrotedown stuff now...improved losses...profit margins down for 2015 etc...john jr was on the front lines...he was busy and had no foresight...just bogus excuses I got my answers what would you like me to ask them? I got the answers now.
why call them, they are salesman will tell you everything you want to hear short of an outright lie. You can suck in all the information and hold as gospel. You act like a child with your insults.
talk about no conviction or understanding of the situation:
17:55 $ 1.10 750
17:53 $ 1.24 225
17:52 $ 1.34 High 500
17:33 $ 1.07 Low 800
Read more: http://www.nasdaq.com/symbol/jrjr/after-hours#ixzz4CXL23wKo
but you will have them toward me. Stock is dead in the water until they can deliver something. Just a bunch of salesmanship by JRJR senior and junior convincing other salespeople and shareholders that they are going to help the families of those members...that by 2033 they will be biggest...ok I will check up on the 33.
best of luck.