calm down. it is not really the market they are going after. they could get the fda approval by sitting in the office an filing paperwork. they dont really - you know - sell stuff. selling is a low profession. these are professorial types. they file things with agencies. issue the occasional PR. take salaries. chicken is more their market. unless no one from the chicken business calls them. then they can contemplate the pencil sharpener and maybe file for veal or pork approvals. remember the pr about hiring a director of sales and adding sales professionals? no, no you wouldnt. and then you wonder how sales could decline for a new product. jeepers. it is a mystery.
they dont work that hard my friend. hospitals not going to happen. you need to do science for that. not here.
cruise ships have known about the product for years. no apparent interest.
what is the confusion? they dont really have a sales force or distributors now do they? chicken is easy. there are not many chicken processors. so they can take on that task from the ivory tower. that is why in the inane press release they gave themselves 5 years to get a meaningful market share. (psst. they actually believe there is no competition, so what is the rush? they are taking hefty salaries and you dont have to work too hard.). hence the lack of produce sales. it isnt urgent to them.
well, what was expected already was the usda approval of chicken and the start of the trial. "PURE anticipates first sales into poultry processors (a new $350+ million market segment) in calendar Q2 2016". that appears to be in danger of delay or otherwise. it is increasingly unlikely that the 45 day trial can be set up and submitted and sales commence all in one 90 day period. i can not imagine otherwise what surprises there could be that would actually impact the bottom line here. i would love to see something along the lines of actual sales, instead of declining revenue.
i am skeptical. hopeful. chipotle you might think would do everything in its power to prevent another incident. that stock is headed to $250. if they have another incident - likely - it is headed to $150.
you utterly and completely nailed this call. effing brilliant insight. and you posted it. i didnt buy any, owning too much of reed and jones and being despondent on the sector. but well done sir.
because no one associated with the product has demonstrated that it is a viable, cost-effective solution. in fact, every piece of evidence would indicate that the product is undesirable as a surface disinfectant, has no practical application in processing fruit or vegetables yet and we are waiting for them to choke their chicken or not. i think that it may work only for chicken.
it would appear that management is not terribly interested in the shareholders at this point. they seem more interested in cashing checks than putting their own money in. you can expect that they will be issuing themselves a lot of shares to sop up any value. they are not terribly interested in sales on any level other than collecting chicken checks from a few clients.
i expect that the subway dudes have noticed the obvious trends.
the hysterical part about all this? marsden is hired by CMG and doesnt even specify SDC for use there. i mean really? really? maybe he has to study the situation for a couple of years first. sorry, personally, i think it is high antics. the owners of the damn company dont even use their own product.
dude, i figure that out with the last earnings release. then the insider selling made sense suddenly. this is not a 46 million dollar company. the franchised plants will produce a tiny reveune stream with a 6% royalty. so i am gone until something changes. and coco isnt going to affect us coal plants. the trends are set. the moutaintop removal mining is ending. china is closing a plant per week. alt fuels are growing profoundly and no one is going to commit to an alteration of a coal plant without 3 years of assessment. this is a pipe dream and the q4 numbers proved it. at 30 cents? sure. ok. at a buck no way.
oh come now, let's be honest. the stock is down over many years and bounced off decadal lows of 49 cents. does not make the management effective. it makes the stock overvalued. i could easily make a case for 5 cents a share. i mean easily. in a private sale, maybe this could garner 5 million dollars.
no one is paying 60 million for this abject failure to date. but chicken could be worth it. we will see.
but chicken better be worth 10 million a year in sales. and fast.
not a single produce customer btw announced. and btw if it really takes a year or years for a client to assess, then it isnt going to succeed. no chance.
who would design in a product being controlled by a company with its penny stock trading for 18 cents?
i am not designing my car with a product from a company that isnt a tier one supplier with materials having 10 year performance data. this is why the battery technology is a joke. no one uses a battery that doesnt have years and years of performance data. even if the battery is better. wait 5 years, then consider it. wait 10 years with no issues, then design it in.
they have the combined influence of a gnat. CERS is doing a poor job marketing. that Rio doesnt have the technology in place is astonishing. if you cannot make that sale, you need to retire from sales.
declining sales in the led, iot space. wow. how bad do you have to be?
two years and they are out of money, so we can expect a slow fall in share price to sub $1 over the next couple years as they siphon money into their executive pockets.
why isnt there an exec in charge who understands sales and marketing?
that isnt fair to them. just because they have not been bought doesnt mean a thing. the sales numbers declining sequentially in the Q4 does tell you that growth trends are poor. but they have no sales organization so of course there will be no sales. actually, they dont even believe that there will be much in the way of chicken sales with a 5 year plan to gain significant market share. i think they realize that they are kind of trapped in the business now. that is also why you see no insider buying. it is a mess.
there are oddly about 1000 catalysts for the stock now. i am shocked daily that in the spring for northern hemisphere that there has been no movement beyond the news of last month. i expected a landslide of contract announcements to follow the FDA, red cross and PR. but not one on the planet. many countries can afford the technology. none have pulled the trigger? this must be in the works. also, no wall street sign on. what am i overlooking?
lol. come now. of course it is legal. they should be finishing the chicken trials within a month or two now. the real incredible news is that they have gone into june of 2016 without a single notable sale of product. despite having every possible tailwind. you dont even have subway adding to its position, just selling pressure and retreating buyers. i am hoping that chicken brings in some income, however, this is looking poor for every other area.
correction $3,000 and change in shares so far. insiders buying? nope, they have not, since they know how poorly things are being received. oh, plus there was a presentation today. i think some corporate shuffling is in order and soon. maybe they feel the chicken sales will be enough to pay their bloated compensation packages.
produce is dead in the water. maybe in several years. surface is dead on arrival. chicken is the last hope. billions? i doubt that very much. tens of millions a year, maybe. a few million a year in revenue? certainly. the credibility management has is low. if subway had not invested, the company would have been bankrupt i believe. subway saved the company and made a nice return so far.