I don't know why Roy hasn't r/s the stock. Why announce it and let it hang for several months? From reading the past few financials it appears Roy has exchanged debt and salary for shares. There could be a short term bump if Roy pays to pump it but I don't expect to see huge volume coming in at all.
From what I understand from reading I thought the remaining debt was forgiven. I understand that shares will be diluted but the debt holders are holding some common shares. I believe there are over 200 million shares common that will be affected by the r/s.
I do see some names familiar to me on the PCG Advisory client list. What I don't get is why they only represent one of Roy's companies and not the other.
Something else I find interesting is that Attitude Drinks is represented by PCG Advisory
HVCW soon to be Attitude Beer is not. I can't explain it and don't understand it.
20 million shares bought at the ask in the past two days. Why? There is a r/s coming and a huge potential for more dilution after that. That is why I am interested in ATTD. Nothing makes sense.
Roy doesn't have enough shares to dilute. Even with 20 billion a/s he has to pay his employees, he has to pay the debt holders, he has to pay Glenn Straub and his partner. After the r/s the price is either going to be .005 or .01. Any dilution is going to knock it back down into the trips quickly. Roy has some big time debt to be paid back in December.
That is why I think he has either sold the company or he has a buy in. The class A shares that he has tell me that he has somebody buying into the company. Roy needs the cash real bad to keep opening the WOB locations. Glenn Straub isn't going to wait years for this to happen. The guy is about the here and now. Roy should be opening 5-10 a month. They only have a few open right now.
There has to be cash coming Roy's way. If not, why not just bankrupt ATTD and continue with his WOB plans? Why keep this pos going? It doesn't make any sense. That is why I am still holding my shares.
I don't care about the outstanding shares. I care about what was in the 8k filed yesterday. Roy is getting ready for liftoff in my opinion. Time to pay the employees for unpaid salaries. How can he not have a deal??
From what I have been told nobody is being paid. That is why Roy has an employee compensation plan included with the reverse split filing.
The other reason why I will continue to buy is that the debt holders forgave all of the debt for shares. The employees haven't been paid in over a year but they continue to work for Roy and they have shares in the company. Something is going to happen, I have no idea what it is but I want to be a part of it.