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Pastimes
JAVA - Short squeeze
An SI Board Since September 1997
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157 1 0
Emcee:  Sam Nizam Type:  Unmoderated
Food Concepts, Inc. (JAVA) is a bulletin board stock that is in the coffee business. Through it's three wholly-owned subdivisions it roasts, grinds, packages, distributes and sells coffee to supermarkets, gift stores, office and restaurant suppliers, etc. both domestically and Internationally.

The stock has been beaten down to the $.05 level from a 52 week high of $.50. Herb Glaubman, the President, strongly believes the company has fallen victim to undeclared short-selling. JAVA has litigation pending against one ore more of the market makers that trade it's stock.

There are approximately 18 millions shares outstanding, of which insiders hold roughly 45%. Herb believes the 45% are in certificate form and most of the 45% is restricrted. That leaves about 10 million shares in the float. At current price levels that is only $500K.

This is a real company with a real product. I have tasted their coffee and it is excellent. There business plan is solid and their future looks bright. I would encourage people interested in this stock to call the compony at 954-420-0882 and speak to Herb and visit the company's website at coffee@safari.net/~coffee.

Disclaimer: I believe the above information to be accurate, but will not guarentee it. Please due your own research prior to buying this or any stock.
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157 Does anyone know anything about Bishop Management?? Rich.Rich Lytle-1/26/1998
156 Monday January 26, 12:24 pm Eastern Time Company Press Release Food Concepts Catfish-1/26/1998
155 I guess they can still sell their ticker symbol... biz.yahoo.com Monday Januacampe-1/26/1998
154 your right, there is no short squeeze. I hope that there is a Tri-Star and thaBeermeister-12/3/1997
153 I think that we need to transfer this discussion back to the original board. TCatfish-12/3/1997
152 THough I know not what it might be -- they must have some motive for not releasFARRIS-11/26/1997
151 I am still here. I was down 50% before the reverse, and now it is much worse. Catfish-11/25/1997
150 Is anyone still with this stock? Price dropped again -- this company has lost 6FARRIS-11/25/1997
149 JAVAD is a Joke! USBL now over $2.00. I bought 600 shares of this stock last Beermeister-11/18/1997
148 Looks like the news did not come. (Lest I cannot find any.) Anemic volume and aFARRIS-11/17/1997
147 Herb's motivation must have been that he would still have his coffee busineCatfish-11/14/1997
146 Darrell, thanks for the post. <<just blamed it on the MM.>> ThatRichard Mazzarella-11/14/1997
145 Roger, I understood that Tri-Star would get half the shares. That's only a Richard Mazzarella-11/14/1997
144 Darrell, my fear is that we don't know how many new shares will be issued iRoger A. Babb-11/14/1997
143 Here is a post from AOL; I hope Baller doesn't mind me posting this on SI. Catfish-11/14/1997
142 I am not Calling Herb. I am buying USBL (Nasdaq BB-$2) a real stock with real Beermeister-11/13/1997
141 Daryn, don't be frustrated, call the company: (800) 848-0882. Ask for Herb Richard Mazzarella-11/12/1997
140 JAVA management -- A Bunch of Morons! They do the reverse and then not releaseBeermeister-11/12/1997
139 THis thing is falling on no volume -- should be interesting to see what happensFARRIS-11/12/1997
138 I use the realtime DBC Online quotes and they are saying 5500 shares traded witCatfish-11/11/1997
137 Yahoo does now show delayed quotes for JAVAD. We're up and trading again aRich Lytle-11/11/1997
136 Since the reverse went into effect on monday, how long will it be before we staCatfish-11/11/1997
135 Roger, that's the $3 to make up for the 100% dilution. It would be $6 otherRichard Mazzarella-11/11/1997
134 Richard, as holder of a long position I would like to believe the $3-6 figure fRoger A. Babb-11/11/1997
133 Darrell, if what the CEO of JAVA told me about Tri-Star is true, JAVAD is worthRichard Mazzarella-11/11/1997
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