Brewpup, honestly, do you feel comfortable holding a larger ownership stake in this company than the CEO himself? Just examining the facts, that's all.
That's pretty funny. YOU'RE the one who won't be around posting messages on this board after you're done pumping this stock and dumping all you can into every up-tick. I've seen your kind many times before on these OTC message boards. And every time - every single time - there is one blowhard clown like you who thinks he found a real golden nugget in a river of OTCBB garbage. And this time won't be any different.
If you want to bet, Fine, let's bet. But I don't want your money. I want your soul. If I win, I want you to post that you were wrong and I was right, and you will never doubt me again. If I lose, I will acknowledge same for you. However, the bet will stipulate that ABRW must trade at $.60 or higher for 20 consecutive trading days by November 1. This will weed out the fake pump and dump intraday spikes and other shady anomalies that attract #$%$ OTCBB promoters like you.
"Freakin hilarious to watch an amateur hour hack try to tell people the company's a joke because the CEO is currently working for free."
You said I didn't have the facts. Now you understand the facts because I showed you the facts. You're welcome.
"...Thank God he's not a typical OTC #$%$ that sucks every dime out of his or her company."
Give it time. He's just getting started.
"...Say Peter, I'll make a bet with you. You name the dollar amount, I'll match it and whoever wins gets all the loot."
I would love to make that bet with someone I already knew, but I am not risking my privacy and identity with some internet crazy. You must take me for a fool.
"...If the stock is trading at .60 or higher on Nov. 1st, I win. If it's not, you win. Easy bet, right ? I mean, after all it's a joke company, right."
That's not exactly what I said. I said give them five days. If they don't establish an employment agreement with the new CEO by then - as they said they would - then this stock is a joke. And only suckers would believe management's word going forward.
See page 42 of the 10-K filed on 4/7/16 with the SEC.
"Compensation Discussion and Analysis"
"Brent David Willis, our Interim Chief Executive Officer, Interim Chief Financial Officer and Director joined the Company in March 2016. As of April 5, 2016, the effective date of this filing, Mr. Willis' compensation has not been finalized or approved the by the board of directors. Management expect to finalize and obtain board approval of Mr. Willis' compensation package and equity participation within 30 days at which time, the Company will advise its shareholders by filing a Current Report on Form 8-K, if required."
The thirty days is almost up. I'll give them five more days to make this a legitimate hiring and provide the standard 8-k as they acknowledge. After that, this company is nothing more than a joke.
I'll believe the story when the CEO actually holds a bigger ownership stake in the company than you do. (I'm assuming you bought at least one share of this stock.)
If you smell what the Rock is cookin', you'd be running the other way right now. $0.15 is coming for you. Sure as death.
Remember when Gomes was telling his flock it was safe to buy at $.32 because "the selling was over". What a clown. Welcome to gray sheets. There are always shares coming out of the gray sheet woodwork, half of which aren't even legit. Too bad Gomes' followers have to learn the hard way, what their guru never bothered to learn for himself.
And from loan sharks no less. Nothing but bridge loans in their vocabulary. This is what people are celebrating? That their method of staying in business hasn't changed in years? Lol. Wake me up when they actually earn money.
Brewpup, the new CEO doesn't even have an employment agreement/salary with the company yet, as per SEC filings. It's irresponsible to allow someone to take the leadership role of a company without first establishing an employment contract. No employment agreement, no share holdings, nothing. Something is not right. Be careful here.
You say this is not about money for him. That's even worse! That means he's willing to dilute shareholders at any price just to keep the company viable. Why should he care if the stock is trading at 10 cents or 10 dollars? The company can always stay in business by selling more shares and diluting shareholders. If his only goal is to be the Kombucha King, that doesn't necessarily translate to a higher stock price. He has to get there in smart fashion, in a way that doesn't rely on forced dilution for growth. He should be buying the stock now to help provide a base of support. His lack of interest in bolstering the stock suggests he is willing to dilute at any price. Not good!
Actually, no one is listening to you. The stock has been going down, as I predicted. Whereas you predicted $1.00 upon contract signing. I was right, you were wrong. See you at $0.15 home slice.
Just because you drink the stuff doesn't mean the stock is a good investment or that management can steer the business properly. I have a problem with the fact that the new CEO has zero ownership in the company. He owns ZERO shares and ZERO options. And yet he tells other people how great this investment is. There's an old saying - never trust a chef who won't eat his own cooking.
Look at the table on page 6 of the DEF 14C that was filed with the SEC on Monday. It shows that CEO Brent Willis owns zero shares of the company. If he doesn't step up and put some skin in the game, it reflects poorly on him and the company - the fact he has no ownership stake.
Wait and see if the new CEO buys shares in the open market. He currently owns no shares of the company according to the DEF 14C. Often, a new CEO will buy shares in the open market as a simple gesture of confidence in the business. If there are no form 4 filings from the new CEO in the next month, something is wrong. Especially after he spent the whole conference call telling investors how "lucky" they are to be able to own shares in this great growth opportunity at the current share price. We have now a clear and established test of CEO hypocrisy. Will he pass the test? Time for him to put up or shut up. The clock is ticking.
This CEO really knows how to play the pump game. The first few sentences out of his mouth was about how amazing this company is going to be. Pretty bold talk for someone who didn't even bother to nail down an employment contract before agreeing to take the job. I was going to ask him how many other companies he is currently running on the side, since he is obviously not a full-time CEO for American Brewing Company. He's got that mad scientist gene in him. Already he envisions a social network of "Buchaduers and Buchadueras". Whatever that means. Oh, and he wants each of you to help fund the company by buying a Bucha T-shirt for $20, plus $10 shipping and handling. And he wasn't even joking. Good lord.
1) Russia and China are continents. Who knew? LMFAO!!!!
2). Management has no problem lying to investors. Their excuse for not buying shares on the open market is totally unfounded. There are no restrictions on insider buying right now, as we speak. The SDI contract has been made public. And yet management still reaches for excuses why they aren't buying. Now, management's new excuse is that any deal could close within 3 days or 3 years. Um, excuse me, that is not insider information! That is public knowledge. Everybody knows a deal could close any day. The fact that a deal could close any day is not insider information! This is proof that management has no problem deceiving investors. It is in their DNA. Do they have zero credibility now. Buyer beware.
Just thought I'd check in on all the pain this company doles out on a quarterly basis. Wasn't this stock supposed to hit $20 last year? I mean, that was what all the true believers were saying two years ago on this message board. Are you guys ready to wake up yet and smell the coffee? BTW, how is the non-existent DHL contract working out for you guys? Did you figure out yet that it was all HYPE?? Or do you need another two years to get your heads out of your azzes?
PS: Matt Margolis is the final kiss of death for VUZI. Soon to be GTAT'ed into oblivion. Don't say I didn't warn you. Have I ever been wrong on this stock? Answer: No.
So, they decide to stop giving quarterly conference calls just when the company is actually starting to look up? Great timing guys. Oh well. Q4 was decent at least. Though zipper sales still in decline. Total revenue up double digits. I think the company should keep seperate the Tekfit and Trim accounting, like they always did. They should also highlight their EBITDA earnings, like ever other company. Why they feel the need to report a higher quality earnings number than General Electric is beyond me.
Trump, Hillary, Cruz, and Kasich, all of them selling out America to pander to the Likudniks. It will be a contest to see which candidate is willing to shower Israel with the most U.S. tax payer dollars and blind support at the U.N. Only Bernie is giving them the finger by refusing to prostrate himself upon the AIPAC alter. Trump is revealed to be a typical politician. What a shame.