Here's what I have learned.
-the warrents are not tradeable.
-they are an option to purchace RESTRICTED stock at half the bid at the time you exercise the warrent.
-after one year from the time you exercise, it will turn in to common.
-the warrents are worthless unless exercised.
-IF the price is the same as now or hirer, one year from the time you exercise the warrents, you double your money or more. BIG IF.
-everyone that bought presplit now has matching number of preferred shares, that pays a 15% stock dividend per year.
-the preferred stock is not tradeable. It is on record with the company, and from what I understood ,it will/can be converted in to common after five years.
-if you have a stock certificate from SBAM, you have to send it back to Stella Bella to recieve a new AMSB certificate. If held at a brokerage in street name, it is taken care of ( at least from E-Trade). Do not send it to Z-3.
As disipointed in my decision to own this stock, a few things have happened. The coffee is showing up in more and more stores here in Southern Ca. Albertsons, one of the largest chains here, has just started selling Stella. Along with Lucky's and the Farmers market. Months ago I was told of Worldwide Gourmet selling Stella in other States. I don't now if that has happened yet, but in an earlyer post I gave the web site for Worldwide Gourmet selling Stella coffee. Their is some real hate coming from that reporter from San Diego. I have read the articals and have herd the other side from from Stella. Who to believe? I wonder about people that are relentless in there cause, and if it is the Russian mafia, how come he's still alive. Anyway, it is fundimentals that will win in the end. Like I said before, I am disapointed in alot of things with this company, mostly the money I have lost. If not for the slight movement in the dirrection of the company the past few months I would bail. Then again, it could all be bull shit. roy |
