quote:Originally posted by Meshoe45: Yup, saw that.
Not as much volume(none) as I thought tho, what do you think?
I still don't understand. (Thanks, Keith, anyway) "Revenue" is money coming in, right? Then you subtract cost to calculate profit, right? So all we know is it will cost around 8.6M to build. Who's to say whether they can only charge 8.7M?
I'm a novice at when it comes to dissecting a business. 10k's and 8k's are a foreign language to me. But this PR only mentions revenue, not profit, so I'm suspicious if they did that for a reason.
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Hey, Im a novice too but you all gotta learn sometime. I've been really interested in this stuff and have been reading a lot, helps a lot and gets you in the right mind set.
Volume is picking up again its at 1/5 what it ended at yesturday.
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I started a 2nd thread just to get attention for the L2's - otherwise no one will read through this one. Hopefully someone has L2 Pinks
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quote:Originally posted by subpennygirl: meshoe they locked ur other forum for HTBI L2, if you or someone could periodically post HTBI L2, that would be nice, thank u
I got them through that other post. I dont have L2 Pinks, maybe someone will read this!
quote:Originally posted by WinsumLosesum: I still don't understand. (Thanks, Keith, anyway) "Revenue" is money coming in, right? Then you subtract cost to calculate profit, right? So all we know is it will cost around 8.6M to build. Who's to say whether they can only charge 8.7M?
I'm a novice at when it comes to dissecting a business. 10k's and 8k's are a foreign language to me. But this PR only mentions revenue, not profit, so I'm suspicious if they did that for a reason.
But hey, what do I know?
sorry, no play today....
basically my drift is this last year they sold stuff and made 4.9 mill. this one contract is almost double all sales of last year........
sounds like a huge revenue increase now, don't know specifics...
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Long Term Indicators Average: - Hold 100-Day Average Volume - 125354
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HTBI more news: wow this firm is keeping itself working huh?
Hot Brands, Inc. Subsidiary, Enhanced Beverage Company Signs Management Agreement Thursday June 24, 10:14 am ET
NAPERVILLE, Ill.--(BUSINESS WIRE)--June 24, 2004--Hot Brands, Inc. a publicly traded company (Pink Sheets:HTBI - News) announces its subsidiary; Enhanced Beverage Company, Inc. has entered into a management agreement with Independent Water Group, LLC as of May 15th 2004. The mission of Enhanced Beverage Company is to specialize in the management, acquisition, re-capitalization, and reorganization of distressed or inactive beverage production and bottling companies and other related food-processing companies. Several potential acquisitions have been identified and negotiations are progressing.
Where as Enhanced Beverage Company, Inc. intends to operate the Business of Independent Water Group, LLC for an interim period. During this management period, Enhanced Beverage Company will manage the day-to-day operations of the business and shall direct, conduct and supervise its operations and maintenance activities during the management period. As well as market and sell products to distributors, consumers, and retailers. Obtain and renew all permits and approvals required from any governmental authority or agency, comply with all other similar laws and regulations relating to business operations. During the management period Enhanced Beverage Company agrees to provide and expend funds as needed for operation expenses for the production, delivery and sale of product.
Revenues for Enhanced Beverage Company will come from contract packing service, contracts in place, distribution of acquired brands, plus sales from the development and marketing of new exotic branded products.
Hot Brands, Inc.'s, entry into the $7.7 billion beverage industry through its wholly owned subsidiary, Enhance Beverage Company is unique considering the cost/value and the immediate revenue from the demand for alternative beverage solutions in the market place today.
Hot Brands, Inc. has been in negotiations for several months with potential candidates for key management positions, mass-merchandisers, as well as product development specialists.
Marc Fry, President and COO of Enhanced Beverage Company stated, "Our due-diligence and industry expertise tells us that we are entering into this opportunity, within the noncarbonated beverage industry, at a point where growth is beginning to accelerate."
Except for the historical information presented, the above statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 or regulations hereunder. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. These risks include the economic health of the restaurant and fast-food industries, competitive pricing pressures, completion of planned acquisitions and success at integrating and operating the acquired operations and the availability of necessary financing. These statements speak only as of above date, and Hot Brands, Inc. disclaims any intent or obligation to update them.
-------------------------------------------------------------------------------- Contact: Hot Brands, Inc. Clayton Smith (971) 506-9156
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of course, I got in on Tuesday at 0.10 as soon as I saw this thread. I personally think that HTBI is an exception POS (lol) meaning that its actually worth soemthing...a penny stock company with an $8.6 million contract..don't see that often
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Hot Brands Inc. is Pleased to Appoint Joseph C. Balistreri as Vice President of Marketing and Advertising Tuesday June 29, 1:51 pm ET
NAPERVILLE, Ill.--(BUSINESS WIRE)--June 29, 2004--Hot Brands, Inc., (PINK SHEETS:HTBI - News), and its wholly owned subsidiary, Enhanced Beverage Company, Inc., announce the welcome addition of Joseph C. Balistreri as Vice President of Advertising and Marketing for Hot Brands, Inc., ("HTBI"). Joseph C. Balistreri has been involved in advertising, marketing, and new product development for more than 26 years. He has been instrumental in developing cross-promotional and ad/marketing programs for national food accounts including: IGA, Shurfine, Federated Foods, Coca Cola (KO), Lever Brothers, Nabisco, Smuckers (SJM), Anheuser-Busch (BUD), Hershey (HSY), Purina, Welch's, Kellogg's (K), Tyson (TSN), Nestle, and General Mills (GIS) to name a few. His award winning experience with new product design, slogans, corporate images, logos, and promotional items is second to none.
Mr. Balistreri has made a name for himself as a developer of sales and marketing opportunities for new companies by designing product lines, test marketing, coordinating focus groups, and establishing markets for new branded products. He has been instrumental in developing the brands presently proposed for the expansion of the branded products for Hot Brands, ("HTBI") and its subsidiaries.
As Creative Director for IGA, Inc., Mr. Balistreri developed a unified corporate look, corporate slogan and advertising campaign for the corporation. He created advertising programs that tied-in with many of the major food corporation's through the country.
Prior to IGA Mr. Balistreri served as the president of IMPACT Marketing in Madison, Wisconsin. Presently Mr. Balistreri is operating a consulting group, JCB & Associates. His expertise is in the creation of sales and marketing opportunities for new companies by designing product lines and establishing markets to sell branded products in.
Mr. Balistreri stated; "I am honored to work with such an established group of professionals - each in their own respective fields. I am excited about the opportunity and look forward to working with a team that has the ability to create and maximize shareholder value."
William Curtis said today; "Mr. Balistreri brings a wealth of knowledge, expertise, and contacts to assist Hot Brands with its developed products, introducing them into the retail and consumer markets. We are excited to have Mr. Balistreri as part of our team."
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.
-------------------------------------------------------------------------------- Contact: Hot Brands, Inc. Clayton Smith (971) 506-9156 Email: ir@novakcapital.com