SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Clearly Canadian Beverage Corp (CLCDF)
CLV 1.4300.0%Feb 8 3:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim P who wrote (140)9/23/1997 4:13:00 PM
From: Blue   of 206
 
Maybe the company will use Koala's presence in some stores to harangue them into placing Orbitz or Clearly on the shelves. I hope so, there is so much junk out there and I really LIKE the taste and look of Clearly. (Have you tried Peach Mango?) The jury is still out though. One thing I am confused about: Nestle bought the rights to distribution of Koala in the US. Thus this could be a Canadian deal only. I e-mailed the co. for clarification.

Maybe the company approached this as a value investment. They hope Nestle or someone will want to buy Koala at a higher price than Clearly paid for it. I believe Clearly already owned a percentage of Koala, but wanted control. They are up to something good I think but dilution is a worry. I also worry that if the warrants are exerciseable at $2.50 someone will keep the price below that for a year in order to ensure that they expire worthless. This may place a 12 month lid on the stock. I admit I find the transaction confusing & could be completely wrong about that last part.

You are right, Koala could use re-packaging. Wow, did management ever run a fine brand into the ground.

If Clearly continues to bulk up they could be a major takeover target long term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext