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Non-Tech : The Children's Beverage Group (TCBG)

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To: Cavalry who wrote (1830)9/6/1998 2:41:00 AM
From: mark cox  Read Replies (1) of 2452
 
Cav, I heard about the 3.5 million shares that were cancelled from Scott at IR in early August. I don't know the actual specifics but it had to do with someone who bought the shares never having paid for them so they were cancelled.

Why are you suddenly so worried about TCBG? Just because the stock price has plummeted? You need to invest in the company and not the stock. Otherwise you are a short term trader. On many of your posts you called yourself a "long". Now you say you have sold. Guess you aren't the long term investor you said you were. Turn in your WAMM certification. <gg>

When I heard that they were going to have their financials out in 60 days I said to myself that there was no way that was going to happen. This company has got to stop putting out press releases about news that is going to happen and only put them out when something has happened. I also think they should save their money and fire the IR firm, get rid of the race car, stop appearing on TV shows about stocks and quit putting out so many press releases. They need to focus only on running the business for right now. JD apparently knows a lot about producing drinks but he has shown that he doesn't know much about investor relations. When TCBG has a financial report out and has been producing product for a while and signed on some more deals, then it will be time to promote the company. Instead of paying a lot of money or stock to an IR firm they ought to hire someone "in house" to be the investor relations for the company.

As the price has dropped, I often find myself wondering if this company is for real and then I remember the phone conversation I had with a Wal-mart representitive who told me directly that this was not a scam company and that they were developing products for Wal-mart. It doesn't hurt to go back and read AC's post # 1767 every once in awhile as well.

Mark
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