they were doing well in 2012 dont ya know, on the back of RGB, but then the promise of 40% gross margin Kombucha and 20MM in sales in a couple years consumed CR, and ultimately squeezed production out of the plant(along with PL, and their fiascos), while creating a drag on ops that continues, or accelerates, today.
The stock was screaming on their decent execution. K sounded great. million dollar label machines, and he was so excited about those bottles, now wasnt he?
12 months ago he was promising millions in savings due to the plant upgrades (they were originally sceduled for July of 2015 lol), target, walmart, BITB, and rapidly increasing profits at the B Reilly conf. interview.
'You heard it here first, folks' the drunk interviewer spewed, as CR glibly smiles and nods.
He has sociopathic tendencies, imo. He is so missing the analytical part of a brain it is ridiculous.
He has really shabby cred on the street. Understatement of the year.
boom. that was quick 10% move lol. can I get a woot woot??
mgt should squeeze today/this week. put on hyper-watch(tm)
that extra 10 cents is going to take this to da moon!! Superlettuce to the recue!! Superlettuce, hmmm, seems like that could be the newest Marvel superhero...can I get a woot woot??
now if we can just find a few noobs to soak up all the dilution shares....forget about the fact that once you are done paying for the build out and Amy's shoe collection, they will tear up your shares in favor of the uber important preferred series' B,N,Q, X, and new Z series.
can I get a woot woot people???
there are just too few shares for aggregate demand. it costs a hedgy almost nothing to tie up the float and squeeze this to a ridiculous handle. also the market cap is tiny anyway. a 200mm market cap even with a 2mm share secondary someday is close to 20$/share. Way better play than VLTC and that went over 15$.
good tidings and good morning to the bears.
they are cash flow positive bubs. their 10q says they will not be raising equity or debt for the forseeable future, 12 months out. this is the otc. watch what happens next.
and then there is that pumping fool 'sleek' on ihub who says there will be a huge p/r everyday lol, but it really isn't funny because there are 10 other posters who treat him like some sort of deity, which is the theatre of the absurd imo....ive seen plenty in 15 years here but this is so obviously a phony set up by pumpers etc
it speaks for itself.
don't be a dolt
shares unchanged year over year ...44mm
insiders own 30mm
well, when gross margin %'s go up 2100 bps, it actually creates a greater gain than a little boost in revenue growth.
It speaks to how they approach the business and how they treat shareholders.
Which makes sense, because the 2 own 50% of the outstanding and pay themselves a very modest salary.
They are totally aligned with shareholders.
Debt is gone
no equity financing forthcoming per 10Q.
Cash flow positive, net of depreciation and quarterly adjustments.
Self sufficient buyout target, plain and simple.
i will stake my 15 year Yahoo cred on that prediction.
I summarized the numbers on their message board.
Likely a pr out tomorrow as well, but not for sure,
as they are low key (unlike some people :)
starting from the bottom (line),
net loss was 13k vs 226k
Shares were unch.
loss from operations was 4k(yes, just 4k in what is their slowest quarter, it appears)
SGA actually fell about 30%! 261k vs 335k
gross profits more than doubled in dollar terms,
256k vs. 117k
gross profit % rose 2100 bps,
47.5% vs 26.4%%
margins grew in both divisions, and grew to about 80% in their consulting biz
sales grew about 25% on the top line.
They operated the business super efficiently,
and foresee raising NO money via debt nor equity for the next 12+months, according to their 'liquidity' section.
they basically said that they didnt need to spend much to market nor in investor relations, due to the demand they are seeing and bringing IR in house, respectively.
This was better than I was expecting. The loss from Operations was essentially non existant.
The second quarter look nice so far as well.
The cube they sold aint cheap :)
gl bulls and tire kickers.
you are seeing things through rose colored glasses.
He is the most immature self-aggrandizing biz lacky the public markets have ever witnessed(save for a few dozen OTC company's).
If I were Mr Panera or the like and i listened to that rubbish, would i ever do biz here?
Not without control of the company.
As in 2 Board seats minimum.
I agree with NP, its a hot mess.
several 6 figure blocks going through. volume went up 8x in 20 minutes there.
no insider sells
no cash burn
100%+ rev growth.
Sold my TRTC .57/.54/.52 and the last at .44
this guy is a total moron.
I finally listened to the call.
Its like he has never learned a single lesson of his failures.
Still thinks he has all the answers. Walking all over the CFO.
He's the boss of BITB? look out.
revisit this company in 6 months and see if he has passed away.
Its that bad
most of that haircut was the first 3 months of Cue, because the stock was looking at a delisting.
She certainly did not cause that, except for the fact that she was not willing to reverse split to stay on nasdaq.
I dont think she is satisfied. But she is being methodical, if not deliberate too.
She put up some dough at .29 on the option.
All CR ever did was flip some options.
Reminds me of how when they had more cash than good sense they ended up throwing it to the wind while also diminishing the brand. She certainly talked about their alignment with making their soda less unhealthy.