They are still in the Treasury until issued. This has to be done this way by Securities Law and Rules.
I don't know for sure yet where the 162 million would go because I haven't had time to DD the Avanzar Purchase Order. I expect they go there. Now, if Avanzar is prepaid as per agreement then those shares go back to Treasury proper. Can anyone say when the Preferreds will convert. Answer is no.
When the company buys back shares from the OS these numbers will stay the same, even if OS went to -0-.
Now we are up to 671M in the Treasury not issued.
Shares RESERVED Other (162,756,751)
Shares RESERVED Preferred (450,000,000)
Total Shares RESERVED (612,756,751)
Shares RESERVED Other (162,756,751)
Shares RESERVED Preferred (450,000,000)
Total Shares RESERVED (612,756,751) Active 37
Shares available to issue: 58,466,073
All of those reserved shares are allocated towards something. They are not issued, but my point is that if the company wants to fund anything additional,unless they pay off the reserved items, they only have 58 million more shares for anything further beyond their obligations. They can't use the shares which they've reserved for the preferred shares as long as the preffered shares exist, per the company bylaws. Additionally the shares reserved for the preferred shares do not currently reserve enough at the current pps since it's dropped so much.
Lol. Never a fan of the Bush's but that's funny right there. Go $MINE!
Read my lips. 612+58=670M still in the Treasury...!!! And not issued.
Yes, but they now only have 58 million left not reserved, so if they want to issue for any additional purposes, they don't have much left to do so with.
Thanks bud, appreciate the tip
I know, was a vote of confidence for you. Trade the high probable setups and I'm sure you'll make it.
Quote:
Not even close. But its obviously a long rough journey
This stuff sells, man. Everyone loves it.
Check out the amount of cases left:
https://twitter.com/jeff4liberty/status/528746745501863936
Not even close. But its obviously a long rough journey
Nice office and profile man. Sounds like you're well on your way to making it on Forbes. I wish you the best
Quote:
So don't read it! Thanks for reading up on me!
So don't read it! Thanks for reading up on me!
-Spell. com results
-Celebrity endorsement
-Distribution up dates
-retail volume
Where is the big guy , with the answers??
Well as visionary entrepreneur and Forbes list hopeful, I just don't like reading OLD news!
Please post current relevant info only please
MINE = POS stock since 2007 when they were in the energy business
Energy business??? now a beverage company??? what's next an Apparel Company?
lolzzz #bagholders
I cleaaaely stated in my post "OLD...."
Date of tweet: May 2014
facepalm.jpg LMMFAO old news man, old bs news hehe
Quote:
Old JIM CRAMER tweet about MINE
https://twitter.com/jimcramer/status/462363978589421569
The RESERVE OF Shares were appointed to each location from the Treasury and still part of the Treasury Stock.
That is why they call them RESERVE.
RESERVED Other (162,756,751)
Shares RESERVED Preferred (450,000,000)
Total Shares RESERVED (612,756,751)
Thanks bro. Hit my old bro up on that tweet.
Thanks Mitch
That's great, you should try it for sure. I did when it first came out and all the flavors are great. I always have some Fizz in my home.
Can't wait to here your review once you taste it. Cheers!
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Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/27/2014 1:16:47 PM
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Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/21/2014 1:00:56 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/10/2014 9:40:32 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/10/2014 9:30:34 AM
Information Statement - All Other (definitive) (def 14c) "Edgar (US Regulatory)" - 7/8/2014 5:29:30 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/26/2014 9:30:36 AM
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Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/25/2014 9:45:40 AM
Level 5 Beverage Company Launches VitaminFIZZ(R) in the New York City Market "Marketwired" - 6/24/2014 9:40:00 AM
Proxy Statement - Other Information (preliminary) (pre 14c) "Edgar (US Regulatory)" - 6/24/2014 9:20:21 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 6/23/2014 5:09:00 PM
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Notification That Quarterly Report Will Be Submitted Late (nt 10-q) "Edgar (US Regulatory)" - 6/16/2014 11:59:33 AM