OK folks, if you're as sick & tired of the other thread's nonsense as I am, then post ONLY relevant & USEFUL information here. OK, I'll start:
There is a post on the Yahoo thread that says the stock that will be issued to the "504" holders is going to come out of the 7-8 million shares that Tom already owns. I don't know about you, but this kind of behavior is the loudest & clearest signal I have seen yet demonstrating this man's committment to AVBC & it's shareholders. 99.9% of other CEO's would have simply issued the shares & contributed to dilution.
Also, we all know that deals with distributors & bottlers & new employees is inevitably going to mean more shares issued. However, 50 million is the number of shares that this company is authorized for, and I am comfortable if the SEC filings eventually show this because of the strength of the product. Any options or warrants issued to new employees are sure to be incentive-based and would not be exercisable until the stock price gets to $1-2 or even more. No, I don't know this for a fact, but common sense would dictate that that is the case. Also, the deals made with bottlers, etc. would be made with restricted stock that wouldn't be able to be sold for something like 2 or 3 years.
I spoke to Jim Parker, who told me that Tom G. has put more than 500K of his own money into this company, and of course, we all know the sweat equity that must be involved here. In almost every case that there ever was, when a company goes bankrupt, the shareholders don't get a darn thing. They are out of luck. Anyone who wishes to refute this would be lying to you. When it comes to bankruptcy, bondholders & debtors are the ones who get paid first, and then shareholders get the scrap left-over, which usually isn't a darn thing. Tom G. has gone to hell & back to make sure that the original shareholders do in fact still own stock in AVBC. The legal hurdles and hoops that have had to be traversed in this quest have been monumental, and I am more than satisfied with the fact that financials are expected sometime in October.
In talking to JP, the interest that now exists for this company's products is extremely considerable. I am confident that 1)The new flavors will be ready for the trade show and 2)The financials will be completed before the trade show. AVBC has decided to make their fiscal year end July 31st and they have 90 days after that to file. Keep your shoes on, but yes that does equal the end of October, which is right around trade show time.
Good Luck All - Craig |
