2012 1st Qtr: 3.9
2013 1st Qtr: 3.1
After this Q4, I would guess 2.3 to 2.7?
But if some serious Insider buying, maybe that indicates different?
They were in Costco last Spring/Summer. Had it at a Grad party bought from there. They should have had a better Summer last year and didn't. I don't see why it should be better this year, especially after those 4Q numbers. See if any material Insider buying on this pull back. Think it ail go find .24 in next month
I'm sure that's the plan, but from the outside, I think it's hard to see any reason why they didn't have things in place to do it last year. All while controlling pieces of the business, there still needs to be some sense of urgency to get things moving forward. As bad as things were for JCP, there talking completing their turn around in 4-6 months.
So why wait this long? They've had cost stabilized for 5, maybe 6 Qtrs now? Why didn't they have this in place for last beverage season? It's not like they have more cash than last year to support it.
Give you a thumbs up for trying. I'd have to think that almost anything would be better than what goes on here.
And at what price?
Or wonder if they have any standing bids in for a low price they like?
"Actually this is a relatively fast time to complete the audit. Prior years saw the number filed on the 27th and 30th of March. Educated guessing would leave some to conclude that things are better than they have been in the previous two years."
-Hahhaahahaaa......UUUU DO!. You're clearly insinuating this year's reporting is earlier. You're just a bunch of warped hooey! Unless they somehow save ur #$%$ with their 10k! U obviously being one on the board who has a clue! Dumby!
-You hang tight for your policy change on projection info. Maybe they'll save your dumb #$%$ their too.
-Good luck concluding that things are better [because] of your "Actually.... relatively fast time to complete the audit" compared to "Prior years". U'll need it for the liquidity you need.
-Put me on ignore cuz of everyone that posts here, you're the last one I looked for a response from!
-You're pointless and just a waste of time.
-You are an "interesting" personality here. There's certainly more knowledgeable "investors" here than me, but you have no idea of my background.
-With my limited time, I did some quick research of a complete opposite scenario, as in a large company. So I looked at INTC, 50+ Bil in revenue, and certainly a more complicated audit than our small 16 Mil company in comparison.
-INTC - "The "January 16th" earnings release financials are unaudited. The audited financials were released as part of the 10-K and filed with the SEC on "February 14", 2014. This includes the full year for 2013 as well."
-Relatively fast?...Maybe relative to their history, but I wouldn't guess that to be the case compared to many companies reporting 12/31 Qtr and annual results?
-I disagree with your "educated guess". My educated guess would be less personnel, cost savings, smaller CPA firm in Peterson Sullivan vs a globally staffed Big 4, or maybe an antiquated accounting system that they can't afford to upgrade, or maybe not even fully integrated so it has to be pieced together? Maybe INTC even audits Qtrly, but at minimum a Review?, but still, that's 13 Bil+ in revenue just for the Qtr. Regardless, personally, I wonder why it can't be shortened
-"The real key to market price direction from here will be any forward looking projections" - I don't know what you think you've been looking at in the past but when has anyone last seen a Jones projection????? On top of that, I know for a fact that hasn't been done for years because I asked JC about that very topic. So I guess you think they will be changing their policy this reporting? Maybe? But I'll just say good luck with that hope?
- And you're wrong about last year:
Wednesday, February 27, 2013 - Jones Soda Announces Fiscal 2012 Fourth Quarter and Year-End Earnings Conference Call.....March 7th 2013. The 10k was then filed on 3/26/13. So unless the 10k is filed on Thursday, your "educated guess" is down the tubes.