"I’m sure that you’re aware that our company as a result of certain litigation, regulatory requests and media reports, has been the subject of discussion recently. I want to take this opportunity to briefly address this. First and foremost, we reiterate that our products are safe. More than 8 billion cans of Monster Energy drinks have been sold and safely consumed in the United States and around the world since 2002. Additionally, 10 of billions of energy drinks manufactured and distributed not only by us, but by other companies, have been sold and safely consumed worldwide for 25 years.
"We believe that consumers are justified based on that long track record in having confidence in the safety of our products. A principal area of attention relates to caffeine. Unfortunately, there has been some misinformation published recently regarding the caffeine content of Monster. So let me give you the facts. Monster energy drinks generally contain approximately 10mg of caffeine per ounce from all sources. By comparison, the leading brands of coffee house brewed coffee, for example Starbucks, contain on average in excess of 20mg of caffeine per ounce. In other words, a 16 ounce can of Monster Energy contains about half the caffeine of a 16 ounce cup of coffeehouse brewed coffee. Even a 24 ounce can of Monster Energy, which contains about 240mg of caffeine from all sources, has about 30% less caffeine than an average medium sized 16 ounce cup of coffeehouse brewed coffee. [more]
I started a IQNT green thumb in Oct, 2011. I think it was trading under TNDM at the time. My start price is $10.61, which is approximately the price that the stock was trading at in Oct. of 2011. Shouldn't picks be adjusted for the $3 special dividend that was paid out on Oct. 31? Or has the adjustment simply not been made, yet?