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Silver Wheaton Corp. Message Board

we_are_borg 206 posts  |  Last Activity: Dec 24, 2014 9:21 PM Member since: Mar 18, 2013
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  • Reply to

    Saudis Will Cave

    by we_are_borg Dec 23, 2014 7:19 PM
    we_are_borg we_are_borg Dec 24, 2014 9:21 PM Flag

    Some pulls from recent article in the Washington Times ,23-DEC, by Guy Taylor:

    "Sliding oil prices leave socialist Venezuela on brink of financial collapse"

    "Venezuela still boasts some of the world’s largest known crude reserves, but it has continued for too long spending more on government programs than it has collected in oil revenue, analysts say"

    Excellent article From Oilprice website, 23-DEC, by Andrew Topf. Here are some pull-quotes but definitely worth the time to read if you're seriously interested in investing in this sector.

    "Did The Saudis And The US Collude In Dropping Oil Prices?"

    "Many believe the oil price plunge is the result of deliberate and well-planned collusion on the part of the United States and Saudi Arabia to punish Russia and Iran for supporting the murderous Assad regime in Syria."

    "Proponents of this theory point to a Sept. 11 meeting between US Secretary of State John Kerry and Saudi King Abdullah …"

    "If in fact a deal was struck, it would make sense, considering the long-simmering rivalry between Saudi Arabia and its chief rival in the region: Iran. By opposing Syria, Abdullah grabs the opportunity to strike a blow against Iran, which he sees as a powerful regional rival due to its nuclear ambitions, its support for militant groups Hamas and Hezbollah, and its alliance with Syria, which it provides with weapons and funding. The two nations are also divided by religion, with the majority of Saudis following the Sunni version of Islam, and most Iranians considering themselves Shi’ites."

    "The Saudis know the Iranians are vulnerable on the oil price. Experts say the country needs $140 a barrel oil to balance its budget; at sub-$60 prices, the Saudis succeed in pressuring Iran's supreme leader, Ayatollah Ali Khamanei, possibly containing its nuclear ambitions and making the country more pliable to the West, which has the power to reduce or lift sanctions if Iran cooperates."

  • From recent EIA report:

    "Several OPEC and non-OPEC oil producers rely heavily on oil revenues to finance their fiscal budgets. Some producers have already started adjusting their upcoming budgets to reflect the crude oil price decline. If crude oil prices continue to fall or are sustained at a lower level, then oil-dependent producers will have to make tough policy decisions. This could potentially lead to austerity programs and fuel subsidy cuts that could spark social unrest, leaving some countries vulnerable to supply disruptions if protestors target oil infrastructure. Potential new supply disruptions are a real possibility in a lower-than-expected price climate and present an uncertainty in the world oil supply forecast."

  • we_are_borg by we_are_borg Dec 23, 2014 7:19 PM Flag

    From recent EIA report:

    "Several OPEC and non-OPEC oil producers rely heavily on oil revenues to finance their fiscal budgets. Some producers have already started adjusting their upcoming budgets to reflect the crude oil price decline. If crude oil prices continue to fall or are sustained at a lower level, then oil-dependent producers will have to make tough policy decisions. This could potentially lead to austerity programs and fuel subsidy cuts that could spark social unrest, leaving some countries vulnerable to supply disruptions if protestors target oil infrastructure. Potential new supply disruptions are a real possibility in a lower-than-expected price climate and present an uncertainty in the world oil supply forecast."

  • Reply to

    A Dime Before New Year's Day

    by we_are_borg Dec 12, 2014 10:34 PM
    we_are_borg we_are_borg Dec 16, 2014 12:53 AM Flag

    Closed at 11 1/2 cents today. Just thought you'd want to know, Jane. I'm STILL waiting for your evidence that PLSB has a deal with WMT. It has to be something official, something directly from the company, no quoting third parties from IH or Yahoo message boards.

  • Reply to

    A Dime Before New Year's Day

    by we_are_borg Dec 12, 2014 10:34 PM
    we_are_borg we_are_borg Dec 14, 2014 11:03 PM Flag

    My Sad Blonde Delusional Jane,

    First: "He wants you to get scared to sell your shares so he can buy them for cheap."

    Oh, puh-leeeeez! What a moronic statement? What could possibly compel me to buy this stock at ANY price right now? Technically, I suppose one could justify the six cents per share book value as a "fair" price, but no one is going to touch it even at THAT level, LOL!!!!! The pathetic daily volume tells it all -- EVEN THE PUMPERS HAVE ABANDONED THIS TRAIN WRECK.

    Second: If PLSB has a deal with Wal-Mart, please cite an official company communication, announcement or press release clearly stating such? I have no factual information other than hearsay from stock message boards. Someone at IH claims they received an e-mail, from a company officer, another person on this board claims they purchased the product from a local Wally World.

    Show us YOUR evidence, not just a bunch of stock-board babblings. You don't have any. If the news doesn't come directly from the company or via a press release from an established media outlet quoting an official company source, then it's not factual. How about an SEC form 10-Q,? Don't you think the name "Wal-Mart" would be worth noting? Duh???!!!!

    Pulse Beverage products ARE NOT SELLING in the 20,000 stores for which they claim to have "deals". What difference will a few cans of Cabana Lemonade gathering dust in a couple of Wal-Mart stores make?

  • Reply to

    A Dime Before New Year's Day

    by we_are_borg Dec 12, 2014 10:34 PM
    we_are_borg we_are_borg Dec 14, 2014 1:09 AM Flag

    Jane, you have been assimilated into my collective. Now report to Section142, Grid 98, Unimatrix 41.

    For someone who spends $8.33/mo. for the "privilege" of posting on Investors Hub, I would have thought you to be better informed. PLSB does NOT have ANY deals with WAL-MART. None, zero, zip, nada. Can your drug-addled blonde brain comprehend that fact?

    Had you bothered to read the post on Investor's Hub from the guy who actually received an e-mail from a company rep back in November., you'd know that it's up to individual store managers as to whether or not they want to carry the product -- that's NOT the same as crafting a nation-wide or regional deal with the WAL-MART corporation. You'll also notice there were NO PR's from Pulse about "inking" any "deals" with WAL-MART. Hint, hint!!!

    In the PR biz, this is known as "name dropping"; it's an attempt to fool investors that something's big is happening when actually it isn't. Remember way back when PLSB was selling @ + $1.20 the word "China" was being tossed around? What came of it? Nothing, it was just a name-dropping ruse designed to pump the stock. They're doing it again with "deals" in Canada and Mexico. This company HAS NO MONEY!!! They can't do deals with anyone. THEY CAN'T EVEN ADVERTISE THEIR OWN PRODUCTS! THEY CAN'T EVEN MANAGE TO KEEP THEIR OWN WEBSITE UP-TO-DATE, FOR CRYING OUT LOUD.

    Another fact you failed to grasp: Pulse drinks are EXPENSIVE upscale beverages targeting discriminating health-conscious consumers. Now think real hard, Jane, don't let all that blonde hair get in the way -- what kind of people shop at WAL-MART? For most of these folks, their idea of a healthy beverage is a diet Coke! Wally World is not a got venue for products like Pulse beverages.

    I enjoy reading some of the post from those idiots on Investor's Hub, keep up the good work!

  • we_are_borg by we_are_borg Dec 12, 2014 10:34 PM Flag

    That's my prediction, folks.

    Unless Jane decides to load up big-time, I'm not seeing ANY buyers out there for this washed up shell-company (remember Darlington Mining & reverse merger?). Then guess what happens next? By this time next year, PLSB will essentially have no market cap as there will be no real share value (maybe $0.00001/shr.)

    At that point all they'll have is a name, an address and a stock symbol; in other words, they'll become a shell company. Yates, et al will have resigned, all the employees dismissed and the corporate address will be changed to the law office holding the rights to the shell company.

    At some point someone will come along, buy the shell company, perform another reverse merger, rename the new company to something else, change the stock symbol then repackage / relabel Pulse drinks under the new name. Or, maybe they'll come out with some other product like de-ionized Lunar water or organic chocolate donuts. Just one hypothetical scenario.

  • Reply to

    Is it a Buy?

    by tedfiorito Dec 4, 2014 3:29 PM
    we_are_borg we_are_borg Dec 12, 2014 9:59 PM Flag

    The belief that OPEC countries can pump oil cheaper than U.S. shale is largely a myth. they can't. What they're doing is flooding the market with cheap below-cost oil and using their treasury funds to subsidize state-owned-enterprises against the true costs.

    OPEC countries funnel most of their oil profits into massive state-run welfare programs to keep their populations happy. If they don't cut back welfare spending while subsidizing their oil, there's going to be a huge financial crisis -- the money is going to run out. Most of these countries need + $100 oil just to fund their government budgets, anything less has to come out of cash reserves. The cheaper oil gets, the lower the profit margins, the more cash they have to burn to cover the difference -- it's a no-win situation for them.

    Yeah, they might have huge cash reserves, but how much are they willing to spend on this futile effort to crash American shale operations? And will this be worth the very real possibility of OPEC breaking up entirely? The Saudis probably have the deepest pockets for now, perhaps no so much with other members.

  • Reply to

    22 Employees

    by we_are_borg Dec 9, 2014 1:07 PM
    we_are_borg we_are_borg Dec 10, 2014 12:30 PM Flag

    Indeed, Jane!

    Well if what you say is true then this IS a classic example of what's wrong with PLSB. For six months they've been pre-announcing the rollout of the new functional drinks but failed to follow through. Now that they're actually shipping product, NOT A PEEP! So much for marketing & PR. You said, the company just got the drinks a couple of weeks ago & will update the website "soon". This is an astoundingly clueless and lazy management.

    Changes to the website should have been queued up & ready to install the night BEFORE they started shipping. A few keystrokes is all that's required once the new pages are constructed & ready for download. You'd think that out of 22 employees, someone would have been assigned that responsibility.

    They probably don't have enough money to pay their website contractor. Since their website is the only real marketing tool they have going for them, you'd think they'd be a lot more aggressive about keeping it fresh and up-to-date. But then again, what can we expect form a 70 yr. old CEO who's marketing skills are probably stuck back in the 80's?

    And where's the PR announcement? Wouldn't you consider this a big deal if YOU were the CEO? Where are the pump & dumpers? Sheesh, even THEY won't touch this company, that's how bad things are, LOL!

  • Reply to

    22 Employees

    by we_are_borg Dec 9, 2014 1:07 PM
    we_are_borg we_are_borg Dec 9, 2014 9:41 PM Flag

    My Lovely Jane,

    Now THAT was a witty comeback, should've seen it coming!

    As to the reformulated functional drinks: if you have some, please share with us when and where the company announced the rollout, I didn't see anything listed. Did you purchase your drinks at a store or via on-line? Given that I and others on this board have commented on this subject numerous times over the past six months, I find it odd you just now decided to share that piece of info. with us.

    I went over to the PLSB website and clicked on "Pulse Drink" and guess what I saw? the "Mens" formula, the "Heart" formula and the "Women's" formula. Then you have the "Women's Variety Pack" and a "Men's Variety Pack". That's the OLD labeling, my dear! Mgmt. stated numerous times about how customers found the labeling confusing so they decided to change it and alter the formulations accordingly. I checked the "What's New" Pulse Blog and found only a story / video about the coconut water.

    So give us some details as to what the new labeling looks like, because it sure doesn't show up on their website. You must be talking about the new coconut water, it's OK to be a little confused.

  • we_are_borg by we_are_borg Dec 9, 2014 1:07 PM Flag

    What, exactly, is it they all do? How can a company selling at 15-cents a share justify paying their top two senior executives a combined salary of. +$200,000 / yr.? Tic - toc, tic - toc. Time is running out! Sell now, at least you'll have enough money for a decent steak dinner tonight, maybe even dinner for two!

    Jane, do you know what I think? Well OF COURSE you do, what a silly question. I think PLSB isn't taking in enough in sales to cover production costs to put stock on the shelves for all those 20,000 stores; either that, or the stock they did ship is STILL setting there. I just can't get my mind around the pathetic sales numbers given the large number of outlets -- something clearly ain't right. I've done the numbers in a previous post: even if each store sold, on average, just one bottle at day, last Q sales should've been at least 50,000 cases MORE than what they actually stated.

    Jane, tell us: where are the reformulated / relabeled functional drinks they promised to roll out in June?

    I bought in the 80-90-cent area and sold at 44-cents (remember those good ol' days?). I freely admit I felt like a fool for holding that long. Still, I knew this was a gamble & decided to give them a little more time to get things up-and-running. I used the proceeds from the sale to buy a couple of porcelain dental crowns
    and a tablet computer (fun!). So, at least I have something to show for it. When you lose ALL of your money, what will you have to show for it? NOTHING.

  • Reply to

    Pulse Beverage Coconut Water Scam

    by we_are_borg Dec 2, 2014 11:27 PM
    we_are_borg we_are_borg Dec 5, 2014 2:25 PM Flag

    Sad, sad, Jane:

    You shouldn't stay up so late crafting such horribly inadequate responses to my brilliant and witty commentary. Please, you need your beauty rest! I hate to tell you this, but the world (at least Western Europe) has been running on credit-based banking since the days of the DeMedici's and Leonardo Da Vinci. Just thought you'd want to know that interesting factoid.

    Well I see PLSB has dropped ANOTHER penny on expanded volume again -- if, indeed, one can really call 100K shares of a 17-cent stock actual volume. Sigh. If you really believe in this company, why not sell your shares now, wait until it drops down to 6-cents, then buy back three times the number of shares in anticipation for that big breakout you belief is just around the corner?

  • Reply to

    Pulse Beverage Coconut Water Scam

    by we_are_borg Dec 2, 2014 11:27 PM
    we_are_borg we_are_borg Dec 4, 2014 10:32 PM Flag

    My Poor Misguided Little Jane,

    You have no idea what the Great Depression was all about, we didn't even get close to that point in 2008. During the 1930's you had major DE-flation, 25% unemployment and people literally STARVING to death. The sub-prime mortgage mess actually unfolded in 2007 & had little to do with the crash of 2008, it was already in-progress by that time. The mess in 2008 - 2009 was caused when major insurance companies and some financial houses couldn't make good on all the Credit Default Swaps (i.e., bond insurance) they were writing. Then people started trading these things in market that was virtually unregulated by the SEC. CDS's were classified as insurance products.

    Trillions of dollars of U.S. CDS's spewed out into virtually every major financial institution in the world. And why not, every U.S. rating agency gave these things AAA ratings -- how safe can you get. When the possibility of a major default hit the markets, the value of these things dropped like a rock because they were grossly overvalued. A global panic and major credit crisis ensued. The Fed. had to dump hundreds of billions into the U.S. banking system literally over-night to stave off a complete economic collapse. We had to show the rest of the world our credit was good. The world runs on credit and debt, not cash or gold.

    When there's a problem with credit, then banks stop lending; when banks stop lending, businesses can't function; which is why global industrial output virtually dried up until the spring of 2009.

    In 2008 the govt. could have bought, or underwritten, virtually every mortgage in the U.S. for around $800B, but they actually spent over two TRILLION dollars cleaning up the CDS mess. The CDS market at that time was valued at around $30T, dwarfing the mortgage market.

  • Last day to sell in time for settlement by 31-DEC: 26-DEC in U.S., 24-DEC in Canada. I see this as sliding to $4.00 area by then. Wonder how much this is contributing to recent drop?

    Funny, OIH (oil services sector ETF) closed down only 0.76 % today. A big Canadian financial services firm (CIBC) lowered their price target on PDS today, that probably has more to do with the sell-off than the drop in oil. Target slid from $14.48 USD down to $10.53 USD, or $16.50 CAD to $12.00 CAD

  • Reply to

    Pulse Beverage Coconut Water Scam

    by we_are_borg Dec 2, 2014 11:27 PM
    we_are_borg we_are_borg Dec 3, 2014 7:21 PM Flag

    Jane, Jane, Jane!

    When they built Rome they had a PLAN! And do you know why Rome finally fell and virtually burnt to the ground? They ran out of money. The treasury was looted by wealthy senators. Eventually they couldn't even pay their army to suppress the growing hordes of barbarians.

    OBTW: Monster Bev. Corp. was originally known as the Hansen Natural company until they changed their name. Hansen Natural used be the Fresh Juice Company of California (which went bankrupt). Prior to that they were known as Hansen's Natural Sodas and go back to the 1930's. Monster was never a start-up.

  • Reply to

    Pulse Beverage Coconut Water Scam

    by we_are_borg Dec 2, 2014 11:27 PM
    we_are_borg we_are_borg Dec 3, 2014 2:09 PM Flag

    Hey Wooglin!

    Correction to last post: " ... 12 bottles in a case, so 1,800,00 / 12 = 150,000 cases ..." Left out a zero, should read: 1,800,000 / 12.

    Yeah, I remember your posts. I was trying to charitable back then & give these guys time to make a few mistakes & get their act together. Thought maybe sales would climb, thought they would make extensive use of cheap / free advertising via internet-based & social-networking sites, blogs, etc. It's become painfully obvious these guys are stuck in the 70's when it comes to advertising, they haven't a clue. This company should be run by a 20-yr old kid, not some 69-yr. old old guy struggling to dig himself out of bankruptcy debt !

    Look at what these clowns are paying themselves: Yates = $112K, Sheya = $108K! They claim to have 22 full-time employees -- doing what?!!!!!!! They're struggling to push out 100,000 cases, why do they need 22 people? With only $166K cash mrq, they're barely holding enough coin to meet rent, leases, utilities and payroll.

    More math for Jane, LOL: Yates & Sheya's combined salaries ($220K/yr.) comes out to about $18K/mo.; that leaves $148K for everyone & everything else. If each of the 20 remaining employees received just a paltry $3K/mo. average salary, that comes out to $66K, leaving just $82K to cover all other expenses including manufacturing. You can play around with the salary numbers but it doesn't make any difference, there's not enough cash.

    This company has a huge NEGATIVE operating cash flow of $2.25M against sales of only $3.16M! At best, this stock is only "worth" it's stated book value ........... SIX CENTS!

  • Was at a local health / vegetarian food store perusing the beverage section and noticed eight different brands of coconut water. -- EIGHT!! Can't recall all their names but remember two of them: Blue Monkey and C2O were prominently displayed at eye-level. Sorry, no Pulse. This is why their coconut water "brand" was DOA the day they rolled it out -- too much competition. Competitors taking up all the limited shelf space.

    I'm looking at the sales numbers wondering who's out there buying their products? Even word-of-mouth via Twitter, Facebook & various independent health-related bloggers would have generated far more sales than what they're getting from their alleged 20,000 outlets. I really have to question how many of these 20,000 stores actually have product on the shelf.

    Let's do so more math for our good friend Jane: if each store sold just one bottle a day for 90-days (one quarter) we would have 1 X 20,000 X 90 = 1, 800, 000 bottles per Q. According to their website there are 12 bottles in a case, so 1,800,00 / 12 = 150,000 cases of product per Q. The last 10-Q said they sold " ... more than 100,000 cases ... " total for ALL products. What does "more than" mean? Is this some new accounting terminology? Why can't they give us the EXACT number sold? Sounds kinda sloppy doesn't it?

    The 10-Q from Q2 clearly stated they sold 125,739 cases total. Even THAT is still below the one-bottle-a-daytper-store expectation of 150,000 cases. Like I said -- THE STUFF AIN'T SELLIN' OR IT AIN'T EVEN ON THE SHELF.

  • we_are_borg by we_are_borg Dec 1, 2014 6:07 PM Flag

    Cash( mrq) = $166K
    Operating Cash Flow (ttm) = -$2.25M
    Revenue (ttm) = $3.16M
    YoY quarterly revenue growth = 3%
    Gross Profit (ttm) = $1.06M
    Book Value (mrq) = $0.06 / shr.
    Enterprise Value / EBITDA ratio = - 4.40, in other words, meaningless.

    The YoY quarterly revenue growth is virtually non-existant at a lousy three percent -- the product isn't moving. They were supposed to have positive operating cash flow by now, not even close. There won't be a "rollout" of the "new" reformulated / relabeled functional drinks because they can't afford to make the changes, that's why they've been pushing out the release dates.

    These guys are financially trapped:

    1) They can't count on sales because the products are just setting on the shelves (assuming they made it THAT far);

    2) They can't borrow because no reputable financial institution would throw away money on a company with no real asset value;

    3) If they try to issue new shares, that would cause dilution and lower the stock price even more. The few remaining shareholders would all bolt through the door at once and drive the stock down to just a few pennies a share.

    4) Their costs are only going to go up while sales stay flat at best or quite possibly decline even more.

    Do what I did: just take the hit to your ego and dump this loser, nothing good is going to come of it. I showed you the numbers, they don't lie. There's no magic bullet or catalyst that's going to turn this thing around.

  • Reply to

    Ouch!

    by alanpinchloaf Nov 28, 2014 10:59 AM
    we_are_borg we_are_borg Nov 30, 2014 2:57 PM Flag

    Larry Kudlow's Saturday show (29-NOV) had excellent opening half hour discussion about impact of declining oil prices & how oil stocks will adjust, some interesting guests who know the business. You can get this via podcast from wabcradio website. Just click on his name, select "PODCASTS" then select by broadcast date, no commercials. Well worth the time to give it a listen even if you don't care much for Kudlow.

    According to guests, E & P experts say most U.S. fracking operations easily profitable down to the $45 - $50 area, but Canadian producers are feeling the pain @ $65 - $70. Also: highly-leveraged & high-debt operations most likely to get hit the hardest.

  • Reply to

    Ouch!

    by alanpinchloaf Nov 28, 2014 10:59 AM
    we_are_borg we_are_borg Nov 29, 2014 4:42 PM Flag

    Interesting article re. OPEC putting the squeeze on American shale oil operations. North Sea Brent would have to drop to $60 to significantly impact U.S. producers. Further more, fracking industry has been working hard at lowering costs. Arabs are playing a losing game, IMO. OPEC will unravel as Russia, Venezuela & other members revolt.

    Look up "The biggest game of chicken in the history of business", American Thinker

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