Unless people do lots of research on all the brands, they won't know anything about Marley Coffee or the Eco Cups. And if K-cup people were really eco-conscious, they wouldn't buy K-cups in the first place!
We're all waiting for the annual report; preliminary numbers have already been released, so we know that they know the numbers. So will the annual report be late? In the early days of JAMN, a lot of the reports were submitted late; quarterly reports were late more often than they were on time. Nowadays, the quarterlies seem to be filed on time, but JAMN hasn't filed an annual report on time since 2007, when they were that recycling company.
So will this be the year that JAMN files the annual on time?!
But you don't agree with going long. You've never bought any shares of JAMN. You said yourself that you buy and hold stocks and only take the dividends - you never sell. While i like the idea of buying and holding, I've realized over the years that sometimes there is a point when you just have to sell; sometimes it just doesn't make sense to hold onto a stock that doesn't make sense anymore.
Too bad JAMN doesn't have any stake in those stores! At best they ship beans there, but that's pretty much nothing in terms of revenue.
So far it's only the stores in Chile, and that was months ago; sales haven't increased since Q3 of last year. $1 billion market cap for JAMN is an illusion.
That's great, but JAMN doesn't own the coffee shops. And the amount that they make selling coffee to 3 shops halfway around the world = peanuts.
It is interesting, though - with no news, there isn't anything that would have swayed public opinion - I hope this isn't the result of someone trading based on insider information.
A year ago everyone thought that a corner had been turned when JAMN hit 40 cents, but it spent most of the last year under 30 cents. I don't see this lasting.
2013 - the price went from 8 cents to the mid-30s and suddenly we had the Ironridge deal.
2014 - price was low and suddenly we have the Mother Parkers deal and the price goes up for a very short time.
2015 and JAMN is almost out of cash - it's more likely that this is a precursor to a financing deal, and it won't last.
WH is While House; JBM is Jamaica Blue Mountain. BigJim thinks that Obama drinks Marley Coffee, but Obama hasn't tried it and it is not being served at the White House.
But you still think that a distribution deal is what sparked the increase in price, right? There are no news reports of any such deal, so if people traded based on that information, they were participating in insider trading.
1. It's actually for the trade name "Marley Coffee" outside of coffee shops.
2. Marley Coffee is the brand; what you listed would be flavors.
3. How are you going to back into margins knowing sales when you don't know the COGS for each flavor? Different flavors are from different beans from different places and would have different costs.
A year ago, Toevs was in Boston at a conference for people/companies looking to invest capital in new and existing companies. He was supposed to continue on to New York for another such conference, but he flew back to Denver instead. On April 30th, they filed paperwork saying that they would be late with their 10-K (their annual reports have pretty much always been late), and they announced the finance deal with Mother Parkers. That spiked the price of the stock - for a week, after which we saw the slow decline. JAMN can't get good financing with a price under 20 cents - it would be a slap in the face of Mother Parkers and they don't want another company having more than 10% of the company.
In the next 2 weeks, we'll probably hear of a new financing deal. 2 weeks after that we'll get the annual report (I do think they'll be late again), and then we'll see another decline of the price.
Neither distribution deals nor upfront payments would include shares traded on the open market. JAMN didn't get any money for the shares that were traded today.
It should actually say EXCLUSIVE right; that's how it read in the last update. So if they have the exclusive right to the name, why is someone else opening a coffee shop with the name?
You'll never get a breakdown of how much coffee is sold in each format, though. We know that they get 15 cents per RealCup and we know that sales only started taking off after the introduction of the RealCup, but we won't get a full breakdown.
Toevs once said that they had to give discounts early on and that if they didn't, the wholesale value of the RealCups was 50 cents per cup, but if you check the shelves of the grocery store, they RETAIL for 50 cents a cup, so the wholesale is more like 25 cents a cup (so they actually might be getting a decent percentage, considering).