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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?


To: CRDO who wrote (2125)11/25/1998 8:28:00 PM
From: AC Flyer  Read Replies (1) | Respond to of 2452
 
TCBG perhaps has potential, but......

if you are long TCBG, you would be well advised to remember that:

1. Jon Darmstadter is the controlling shareholder of this company, through his common and preferred stockholdings - he told me this himself;
2. Jon controls the Board of Directors (there is no board, per se);
3. TCBG has no institutional investors;
4. Jon controls his own compensation;
5. Jon can vote himself special dividends;
6. Jon can authorize the issuance of additional common and preferred stock with very little trouble - hence IR and everyone else gets compensated with stock.

If you buy this stock, you are placing a bet on Jon Darmstadter's integrity. Will Jon live up to such an act of faith?

Finally, who are you, CRDO? You appeared in October and posted only positive, subjective comments on TCBG. Your posts suggest some inside knowledge. TCBG has seen one pump and dump cycle this year, with Big Dog, Gambler and one or two others leading the cheering circle. These players achieved a triple, courtesy of anyone who bought at $1.50 or higher. Back for another bite at the apple?

TCBG is a heartbreak stock. Real operating potential, overshadowed by real human frailty and greed.