Obviously....I mean why else would they be swapping debt for shares, and selling property to pay off debt at highly reduced levels....that's right....so they can file bankruptcy. Some people are just idiots ^
Small difference here nut ball. The 7-11 is a private label deal, so technically as soon as Jones ships the product, which was ordered, Jones is able to record the revenue, it's actually nothing like the Fizz.
Jones can't be forced to buy it back, it's a sale as soon as it leaves the dock dumbo.
Actually, on the call it was stated that there wasn't a material receivable balance from 7-11 at the end of 1Q.....so, it actually does mean they received money for the goods....tick tock
Tick Tock indeed.
Let's discuss those horrible margins they'll make on the 7-11 deal....you know, one of the best quarterly margins I've seen them put up in a long time. I guess i'll wait until next week, just to make sure they don't file bankruptcy before then!
Not really a clue this time around. In the past, I'd assume a pretty straight forward increase/decrease in sales based upon the last few quarters of yoy change. With the 7-11 deal, the timing of it, the amount they got shipped out prior to end of 1Q, it's pretty much impossible to put a number on that.
I'd say my bare minimum expectation would be somewhere around $3.25M in revenue. But again, timing and such of shipments, who knows where we're at. The call will be a good indicator of how things have gone for the last few months since this got started.
haha I just love how hilarious it is to be living in your moms basement spouting off all this non-sense.
They ramped up quite a bit already by utilizing something like $900k to build inventory in anticipation of this roll out. That cash will start coming back in very shortly as they ship it out NATIONALLY.
Also, there is the remaining balance of their $3 million loan facility (the one that doesn't exist....but does). You remember that one right hahahahah
Sentiment: Strong Buy
Well, well, well Nut Job. What was that I just heard about the $3M credit facility....you know, the one that you argued with me that no longer existed....hmmmmm shocking. Not really, you can't do basic math, so I can't expect you to be able to read either.