MINE Opinions 08/10/2014 23:02:34 $MINE
so chill in here considering this is the week we are due to launch.
Pretty sure I just added my name to the banned list so this will be my last post on IHUB.
I am stoked for the Bi-Coastal Launch this week!!
Will look forward to see you'all over on stockfolks.
.5's and .7's would be so cool instead of the .05 that some people are hoping for. It could happen, just probably won't anytime soon unless the promotions start rolling out.
I would expect so. This week or next. I also think we could see Coffee Boost start selling too on Amazon and hopefully some stores.
Well HEYOU since you don't seem to be able to post links for your arguments let me help ...
You say " no aggressive share buyback like stated in CC ~~~ well here is what was stated in the CC and it definitely is not what you stated ... your statement is a flat out lie ... here is what was stated ...........
The next topic under our share structure will be share buyback. We've gotten tons of questions about this, and rightfully so, and this is another discussion that we have with the Board and the executives and management on a regular basis. Let me first say that buying back shares will require capital. The question about that is, is that capital better deployed building our Company, including launching our brands, new brands, production, advertising, any of the above, or is it better used to buy back the shares? At this time, we feel shareholder value is greater served by deploying this capital to build the Company. However, when revenues allow, and I think it'll be sooner than a lot of people think, we plan to initiate an aggressive share buyback program.
Quote:
When the PR the launch itll be a huge sell off with dilution hence why the shares were uped to 3.5 billion.
Here's why the AS was raised ... which is not even in the OS which has to happen for dilution.
With respect to your concern over the increase in our A/S…
Once the increase in A/S is effective, a major block of it will be reserved for Preferred Shares (as per our Articles of Incorporation and our Bylaws). As we mentioned in a PR last week, we have made a lot of progress with negotiating and talking with potential endorsers for all of our Brands. While almost all of them are wanting shares in lieu of upfront cash (and more than a few have expressed an interest in a JV with Level 5 and Power Brands), we simply cannot further the talks until we actually have the currency with which to negotiate. We are much better off using our capital (cash on hand) to build our brands, rather than pay endorsers (especially when we can pay these potential endorsers in shares which gives them a vested interest in our Brands and our company’s stock price). With this increase in A/S, we can do BOTH. A share buyback is planned when we have revenues significant enough to do so responsibly.
Well it is really hard to make much since out of your post ... guess you live in New York since you know the good areas from the bad areas ... 250+ stores 8k = $24 per store for 3 months ~~~ please post the 8-K you are referring to and how you got $24 per store.
As far as a Honduras Energy scam can you please post something that shows it was a scam and show that Vanis stole investors money. The direction of the company changed in Feb. 2013 and I would post why and what but it's easy to see you would not care. But here is what they did with the Honduras Energy Scam as you put it ... and this is filed with the SEC
On September 20, 2013, we entered into a Return of Asset Agreement with ROTA INVERSIONES S.DE R.L. (“ROTA”) to return one hundred percent (100%) of the Chiligatoro Hydro-Electric Project back to the originating company, ROTA, in exchange for an earned Net Revenue Interest (hereinafter the “NRI”) in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00) (“Buyer’s Investment”) AND return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 (the “Purchase Price”).
The summary of the Agreement is as follows (the entire Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K filed with the Securities and Exchange Commission):
Return of Assets.
Agreement to Transfer and Return. Upon the terms and subject to the conditions set forth in this Agreement and upon the representations and warranties made herein by each of the parties to the other, on the Closing Date (as such term is hereinafter defined), Buyer shall return to Seller, and Seller shall acquire from Buyer, One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to a certain Hydro-Electric Project located in Honduras known as the “Chiligatoro Hydro Project” more specifically defined in Schedule 2.0 attached to the Asset Purchase Agreement, dated May 27, 2010, and incorporated therein by reference, (hereinafter sometimes referred to as the “Project”) for the consideration and upon the terms and subject to the conditions set forth in the Asset Purchase Agreement.
Purchase Price. Upon the terms and subject to the conditions set forth in this Agreement, in reliance upon the representations, warranties, covenants and agreements of the Buyer contained herein, and in exchange for One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to the Project, Seller agrees to deliver to Buyer an earned Net Revenue Interest (hereinafter the “NRI”) in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00) (“Buyer’s Investment”) AND return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 (the “Purchase Price”).
Payment of Purchase Price. The Purchase Price shall be payable as follows:
(a)
Seller shall return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 to Buyer or Buyers assign’s within 30 days of the transfer of title as defined in Section 1.4 herein.
(b)
Buyer shall return or cause to be transferred back to Seller One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to the Project within 30 days of the Closing as defined in Section 1.4 herein.
(c)
As additional consideration for this Agreement, Seller shall cause Buyer to receive an earned NRI in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00). The earned NRI, due to the Buyer by the Seller, is to be calculated according to the following:
“Buyer’s Investment” divided by “Project Equity Required for Construction” equals “Buyer’s earned NRI.”
“Project Equity Required for Construction” is currently estimated at thirty-five percent (35%) of Thirteen Million Dollars (US$13,000,000), the Project Construction Cost, or Four Million and Five Hundred Thousand Dollars (US$4,500,000).
For the purposes of this Agreement, based on currently available projections and forecasts, the Buyer’s earned NRI is currently calculated to be Five and Five-Tenths Percent (5.5%). The final earned NRI will be calculated, finalized and approved upon completion of construction of the Project.
Try backing up you OPINIONS with facts
so chill in here considering this is the week we are due to launch.
Pretty sure I just added my name to the banned list so this will be my last post on IHUB.
I am stoked for the Bi-Coastal Launch this week!!
Will look forward to see you'all over on stockfolks.
.5's and .7's would be so cool instead of the .05 that some people are hoping for. It could happen, just probably won't anytime soon unless the promotions start rolling out.
I would expect so. This week or next. I also think we could see Coffee Boost start selling too on Amazon and hopefully some stores.
Well HEYOU since you don't seem to be able to post links for your arguments let me help ...
You say " no aggressive share buyback like stated in CC ~~~ well here is what was stated in the CC and it definitely is not what you stated ... your statement is a flat out lie ... here is what was stated ...........
The next topic under our share structure will be share buyback. We've gotten tons of questions about this, and rightfully so, and this is another discussion that we have with the Board and the executives and management on a regular basis. Let me first say that buying back shares will require capital. The question about that is, is that capital better deployed building our Company, including launching our brands, new brands, production, advertising, any of the above, or is it better used to buy back the shares? At this time, we feel shareholder value is greater served by deploying this capital to build the Company. However, when revenues allow, and I think it'll be sooner than a lot of people think, we plan to initiate an aggressive share buyback program.
Quote:
When the PR the launch itll be a huge sell off with dilution hence why the shares were uped to 3.5 billion.
Here's why the AS was raised ... which is not even in the OS which has to happen for dilution.
With respect to your concern over the increase in our A/S…
Once the increase in A/S is effective, a major block of it will be reserved for Preferred Shares (as per our Articles of Incorporation and our Bylaws). As we mentioned in a PR last week, we have made a lot of progress with negotiating and talking with potential endorsers for all of our Brands. While almost all of them are wanting shares in lieu of upfront cash (and more than a few have expressed an interest in a JV with Level 5 and Power Brands), we simply cannot further the talks until we actually have the currency with which to negotiate. We are much better off using our capital (cash on hand) to build our brands, rather than pay endorsers (especially when we can pay these potential endorsers in shares which gives them a vested interest in our Brands and our company’s stock price). With this increase in A/S, we can do BOTH. A share buyback is planned when we have revenues significant enough to do so responsibly.
Well it is really hard to make much since out of your post ... guess you live in New York since you know the good areas from the bad areas ... 250+ stores 8k = $24 per store for 3 months ~~~ please post the 8-K you are referring to and how you got $24 per store.
As far as a Honduras Energy scam can you please post something that shows it was a scam and show that Vanis stole investors money. The direction of the company changed in Feb. 2013 and I would post why and what but it's easy to see you would not care. But here is what they did with the Honduras Energy Scam as you put it ... and this is filed with the SEC
On September 20, 2013, we entered into a Return of Asset Agreement with ROTA INVERSIONES S.DE R.L. (“ROTA”) to return one hundred percent (100%) of the Chiligatoro Hydro-Electric Project back to the originating company, ROTA, in exchange for an earned Net Revenue Interest (hereinafter the “NRI”) in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00) (“Buyer’s Investment”) AND return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 (the “Purchase Price”).
The summary of the Agreement is as follows (the entire Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K filed with the Securities and Exchange Commission):
Return of Assets.
Agreement to Transfer and Return. Upon the terms and subject to the conditions set forth in this Agreement and upon the representations and warranties made herein by each of the parties to the other, on the Closing Date (as such term is hereinafter defined), Buyer shall return to Seller, and Seller shall acquire from Buyer, One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to a certain Hydro-Electric Project located in Honduras known as the “Chiligatoro Hydro Project” more specifically defined in Schedule 2.0 attached to the Asset Purchase Agreement, dated May 27, 2010, and incorporated therein by reference, (hereinafter sometimes referred to as the “Project”) for the consideration and upon the terms and subject to the conditions set forth in the Asset Purchase Agreement.
Purchase Price. Upon the terms and subject to the conditions set forth in this Agreement, in reliance upon the representations, warranties, covenants and agreements of the Buyer contained herein, and in exchange for One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to the Project, Seller agrees to deliver to Buyer an earned Net Revenue Interest (hereinafter the “NRI”) in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00) (“Buyer’s Investment”) AND return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 (the “Purchase Price”).
Payment of Purchase Price. The Purchase Price shall be payable as follows:
(a)
Seller shall return any and all shares of the Buyer’s $.001 par value common stock of Buyer (“Buyer’s Shares”) as distributed to the Seller(s) as referenced in the Asset Purchase Agreement, dated May 27, 2010 to Buyer or Buyers assign’s within 30 days of the transfer of title as defined in Section 1.4 herein.
(b)
Buyer shall return or cause to be transferred back to Seller One Hundred percent (100%) of all of the Buyer’s rights, title and interest in and to the Project within 30 days of the Closing as defined in Section 1.4 herein.
(c)
As additional consideration for this Agreement, Seller shall cause Buyer to receive an earned NRI in and to the Chiligatoro Hydro Project equal to Buyer’s investment and expenses in the amount of Two Hundred and Fifty Thousand Dollars and Zero Cents (US$250,000.00). The earned NRI, due to the Buyer by the Seller, is to be calculated according to the following:
“Buyer’s Investment” divided by “Project Equity Required for Construction” equals “Buyer’s earned NRI.”
“Project Equity Required for Construction” is currently estimated at thirty-five percent (35%) of Thirteen Million Dollars (US$13,000,000), the Project Construction Cost, or Four Million and Five Hundred Thousand Dollars (US$4,500,000).
For the purposes of this Agreement, based on currently available projections and forecasts, the Buyer’s earned NRI is currently calculated to be Five and Five-Tenths Percent (5.5%). The final earned NRI will be calculated, finalized and approved upon completion of construction of the Project.
Try backing up you OPINIONS with facts
