and CELH sports a Shark Tank member on its BOD.
Massive breakouts started last week. Microcaps with tiny floats.
FVRG n CELH.
The SGA lumpiness is mostly due to timing of hiring celeb endorsements. Remember even if its mostly stock comp, to align them w.Shareholders, it has to be expensed in SGA. So you see they have good operating leverage...sales growth and margins outpacing SGA handily.
4th Q was their first profit that I know about. Look at the board of directors and celebs who they have on board. Distribution is really starting to ramp. They have a good locator on their site. Big internationally too. .. 55% rev growth, 40% GM's. first to market in their catagory
do some DD, I'm pretty sure you will dig at least one of them.
Profitable and about a dollar. etc
I endorse them wholeheartedly.
Enjoy the DD
You left out 80mm in gross profits from your meme. Number one move for success will be good managers.
The credit market and IB\VC's surely are pursuing multiple options. I think Seeking protection in court from creditors is only a last case option. The lenders will get maybe 25 cents on the dollar.
Its all about money, and risk, and c11 is no panacea for any lender.your naivete is on display.
This is a very going concern with a couple distinct changes.
I dunno. He seems like he is enjoying himself too much to cede authority. God it must be annoying to work for that bleep.
In theory, yes, but appointing his wife to the board seems highly dubious and antithetical to today's governance practices. If I was his wife I would be ticked that my 2mm shares have not gained anything from IPO. On the bottle it should say something like REEDS, NYSE, dedicated to the lost art of being a real not for profit venture. Business sounds to capitalistic for Chris. Go watch his biz videos on their website. There are several short insights into the mastermind himself. He casually jokes about and laughs off losing a million dollars on an oopsie, like he's kind of cool with it.
He should just #$%$ and create flavors, but then he couldn't relish in his cringeworthy self adulation and aggrandizement.
Lol, I hadn't read this when I just posted to biff, joking that the coo should closet CEO. That was just weird coincidence.
Biff, he's holding back on a big PR per the conf call. Prolly wally and I do have a call into it to make their life harder. He will wait to settle the dusts of discontent from that horrid execution in Q4. The stock is near the end of a bull flag and it will resolve north when the new coo locks the CEO in the janitorial closet. The bottom of the flag is about 5.50 or so.
I think and believe NP is long. He's not dumb enough to be short this and it is constructive more than destructive. He's legit. You guys can disagree but, he is smart and arguably one of the more helpful voices here.
No no no. There r many posts where I warned, after he said he had offers for financing ,but we don't need any, he said, that this was coming... So surely your memory is suited towards something than my posting history.
On the bright side there is reed fizz and another one u might fancy but I'm still buying and its low floater.
Yep Yates is real Scooby character.
yep its crazy, selling at 4-5x sales, on a commodity product, milk with bacteria.
the stock is a big discount because of this tho. I bot Sept Calls recently.