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


To: mark cox who wrote (2188)12/9/1998 12:34:00 PM
From: Mister_Ex  Respond to of 2452
 
Mark, thanks for your excellent posts. I am not affiliated with TCBG in any way. I do own a fair number of TCBG shares however, and am still buying. I was able to attend the RIBA conference with a complimentary pass from another company.

I agree with you 100% that it is beneficial to have Jon Darmstadter running the show. I spent over three hours with him and came away impressed. He has every incentive to increase the value of the stock - and he is doing just that. BTW, we will not have to worry about another dilutive stock dividend. His retaining his large block also keeps the float down. It's much better that these shares remain in his hands than spread out amongst more investors in a larger float.

Jon mentioned that BDO Seidman LLP CPA has been doing an excellent job and that we can expect TCBG to be fully reporting very soon. This should really help the stock as it's one of the last major complaints from serious investors.

According to the literature I picked up at the conference, TCBG had $494,509 in cash and bank equivalents on August 31 and Darmstadter said that they still have most of that. I don't know how much of that has been allocated for additional Volpaks. I do know that they are working on debt financing to allow them to continue acquiring Volpaks at their rapid pace. They have the customers. As I'm sure you know, for a company that will have substantial cash flow, debt financing is far superior to dilutive equity financing.

I believe that this stock has a reasonable chance of hitting $5 per share over the next year.

Mister Ex



To: mark cox who wrote (2188)12/9/1998 10:09:00 PM
From: DJ Hartsell  Respond to of 2452
 
Thanks Mark that sounds more reasonable to me. I will
plug in the numbers and see what I get. I appreciate
you helping a rookie like me.
DJhart