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Inventure Foods, Inc. Message Board

kdp_vod 12 posts  |  Last Activity: Feb 12, 2015 3:05 PM Member since: Aug 8, 2008
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  • Reply to

    Jamba Juice: Potent Hype, Bitter Aftertaste

    by bernardsoucy Feb 10, 2015 9:18 AM
    kdp_vod kdp_vod Feb 12, 2015 3:05 PM Flag

    Joe,

    Work has been crazy so I haven't had much time to look at this "scandal" in detail. Finally had about a half-hour to take a look. It MAY be the case that this article is borderline fraudulent. I just dug into one huge "scandal" they "uncovered" and, at first glance, it looks like simple accounting reclasses. I may yet write something on Seeking Alpha myself. I need to do just a little more digging.

    And yes, I noticed the blatant personal attack on Karen Luey. Anytime an article includes something of this nature, I start to get a little skeptical.

  • Reply to

    Jumpin' January, JMBA!

    by kdp_vod Jan 30, 2015 5:04 PM
    kdp_vod kdp_vod Feb 4, 2015 12:35 PM Flag

    "Everyone is entitled to his own opinion, but not his own facts." - Daniel Patrick Moynihan

  • Reply to

    Jumpin' January, JMBA!

    by kdp_vod Jan 30, 2015 5:04 PM
    kdp_vod kdp_vod Feb 2, 2015 2:48 PM Flag

    FWIW, I am actually not underwater on the stock. "Underwater," for any investor, is a function of when and at what price one bought their shares.

    The following helpful quote is attributed to Daniel Patrick Moynihan:

    "Everyone is entitled to his own opinion, but not his own facts."

    In my case, the facts are that I have made money on JMBA during the period of time over which I have held the stock. Perhaps not as much as I would like, but that is another discussion.

    I wish you the very best in your own investing.

  • Up 8.88% while the S&P was down 3.10%.

    Not a bad month, if I may say so.

  • Reply to

    Make no mistake...this is the first step...

    by mhoward98 Jan 13, 2015 10:40 AM
    kdp_vod kdp_vod Jan 13, 2015 2:03 PM Flag

    The related 8-K just released is fun to peruse. It includes lots of interesting tidbits around a "standstill period," "Mutual Non-Disparagement" and the like. Sounds like some lawyers made a few bucks drafting this thing up.

    Still, even a quick reading (which is all I have the time to do at the moment) makes it very clear that the clock is ticking.

  • Reply to

    KDP THE PUMPING MORON

    by ohnoyikesohno Jan 4, 2015 1:46 PM
    kdp_vod kdp_vod Jan 13, 2015 1:23 PM Flag

    Hmm . . . looks like rather unfortunate timing for this post? So sorry.

  • kdp_vod kdp_vod Jan 8, 2015 12:27 PM Flag

    Still can't find any mention of this on Twitter.

  • kdp_vod kdp_vod Jan 8, 2015 12:25 PM Flag

    Still can't find any clue or even rumor of this on Twitter.

  • kdp_vod kdp_vod Dec 31, 2014 5:23 PM Flag

    Agreed. Cannot find a stock with that symbol, nor can I find so much as a peep about this on Twitter.

  • Reply to

    Engaged Capital Still Buying

    by kdp_vod Dec 11, 2014 4:14 PM
    kdp_vod kdp_vod Dec 12, 2014 7:39 PM Flag

    Nvr,

    Between Engaged Capital and JCP Investment, who have already submitted nominations for new board members, it seems quite obvious that Jamba is under great pressure from activist investors.

    I wish I had held true to my convictions and bought more around $12. It felt like some force was supporting the stock price at that level. Turns out, it was. At this point, I will likely just sit tight with my now-tiny number of shares.

    I believe JMBA has done some things well but, sadly, seems to have done a lot of "one step forward, two steps back." I believe the company is in desperate need of a gifted visionary who can generate some real "buzz" around the product.

  • In July of this year, it was revealed that Engaged Capital had purchased 1.2M shares of Jamba, roughly 7% of the company. Another SEC filing today revealed that they are still buying. Now they are up to over 1.4M shares, or 8.2% of the company.

    -----------------------------
    "As of the close of business on December 10, 2014, Engaged Capital Master I beneficially owned 610,465 Shares, constituting approximately 3.5% of the Shares outstanding. Each of Engaged Capital I and Engaged Capital Offshore, as feeder funds of Engaged Capital Master I, may be deemed to beneficially own the 610,465 Shares owned by Engaged Capital Master I, constituting approximately 3.5% of the Shares outstanding.

    As of the close of business on December 10, 2014, Engaged Capital Master II beneficially owned 821,424 Shares, constituting approximately 4.7% of the Shares outstanding. Each of Engaged Capital II and Engaged Capital Offshore II, as feeder funds of Engaged Capital Master II, may be deemed to beneficially own the 821,424 Shares owned by Engaged Capital Master II, constituting approximately 4.7% of the Shares outstanding.

    Engaged Capital, as the general partner and investment adviser of Engaged Capital Master I and Engaged Capital Master II, may be deemed to beneficially own the 1,431,889 Shares owned in the aggregate by Engaged Capital Master I and Engaged Capital Master II, constituting approximately 8.2% of the Shares outstanding."

    ---------------------------

  • Reply to

    james white.

    by jamaican_holiday Dec 5, 2014 6:16 PM
    kdp_vod kdp_vod Dec 5, 2014 7:22 PM Flag

    Jamaican,

    I presume you have seen yesterday's 8-K filing, as follows:

    "Jamba, Inc. (“Jamba” or the “Company”) is disclosing by this Current Report on Form 8-K that JCP Investment Partnership, LP (“JCP”) submitted a timely notice of nomination of six director candidates to stand for election to Jamba’s Board of Directors at the Company’s 2015 Annual Meeting of Stockholders. Based upon the shares of Company common stock indicated to be beneficially owned by JCP and its nominees in the notice of nomination, JCP and their nominees beneficially owned an aggregate of approximately 2.3% of the Company’s outstanding shares of common stock as of the time of nomination."

    So now, in addition to Engaged Capital you have another large shareholder who appears to be less than enamored with the Jamba Board of Directors. In turn, I read this to imply that they believe Jamba's senior management may be lacking, and that the current Board has allowed it to go on too long.

SNAK
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