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ozzfan1317 (< 20)

Jones Soda Co The next Coke ?

Recs

4

September 05, 2009 – Comments (10) | RELATED TICKERS: JSDA

                          

                                      Jones Soda Co is a very small company however they have a growing brand

and an excellent product as well. Their balance sheet is incredibly solid and thye have no debt at all.

Their soda have begun to show up in more and more places and I have several friends who will only drink

their brand. They are currently a penny stock but the shares are worth much more even with a tough

couple of quarters during this recession imo. They have a different approach to marketing by trying to use

budget methods such as allowing customers to send in thier own pics for bottle labels.

Including the new deals with venues in the Seattle area

They look like a Screaming buy or at least worth keeping an eye on anyone else agree?

Thoughts? Am I nuts?..lol

10 Comments – Post Your Own

#1) On September 05, 2009 at 2:48 AM, Teacherman1 (94.54) wrote:

Their balance sheet looks ok as far as assets to liabilities, but they don't really seem to be growing. Their income statement shows them going backwards. This may be due to not yet getting to a size and market penetration that can cover minimal built in costs of operation. I will put them on my Watch List, but I can't see any real reason to actually own them at this time. If and when they can get to a size where their Cost of Product can be improved through economies of scale, and their G&A is not such a large percentage drag on their profit margins, they may become a good investment. Right now it is more a case of hoping that they will get there, and would require a very, very long term hold unless something very unusual happens. Will watch and wait. JMO and worth exactly what I am charging for it.

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#2) On September 05, 2009 at 3:13 AM, throwerw (99.81) wrote:

Their book value was cut in half over the past two years... it looks like high SG&A expenses burned through about $20 million worth of cash and short term investments.  They are not profitable, in fact it looks like they have lost money every quarter for the past few years.  The price is above tangible book, which doesn't look like a bargain to me, considering the fact that tangible book is shrinking every quarter.  The soda may taste good, but the company is no coke.

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#3) On September 05, 2009 at 3:21 AM, throwerw (99.81) wrote:

this would have been a great short in 2007 at 28 bucks a share

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#4) On September 05, 2009 at 10:57 AM, ChrisGraley (99.68) wrote:

Best hope with this stock is that they get bought out by someone.

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#5) On September 05, 2009 at 12:25 PM, kristm (99.71) wrote:

Walmart and Sams' Club no longer distribute Jones Soda. That's a bad sign and hurts their sales and exposure to customers. I can't find their products anywhere around here except for at Panera Bread.

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#6) On September 05, 2009 at 12:36 PM, portefeuille (99.96) wrote:

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Wednesday, August 12, 2009

Jones Soda slashes staff by 27 percent

Puget Sound Business Journal (Seattle)

Jones Soda Inc. said it’s cutting 27 percent of its staff, or about 16 workers, which will leave the Seattle soda company with 43 people.

Last week, the South Lake Union-based company (NASDAQ: JSDA) reported a second-quarter loss of $2 million and said it would file “going concern” paperwork with the Securities and Exchange Commission. Company officials also said that future cost-cutting would be required.

On Wednesday, company officials said in an SEC filing that “the workforce reduction is being implemented in an effort to reduce ongoing operating expenses and further align the company’s cost structure with its revised revenue expectations.”

The layoffs are effective Aug. 31, Jones said.

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#7) On September 05, 2009 at 12:49 PM, ozzfan1317 (< 20) wrote:

Thanks for the inputs everyone I will admit I am Interested but you made some very good points. I knew they werent profitable the last couple of quarters but the going concern possibility is alarming I am definately going to be keeping a close eye on them and we will see if they can turn it around.

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#8) On September 17, 2009 at 10:51 PM, stan8331 (97.13) wrote:

Jones Soda has a somewhat recognizable brand name and by all reports a decent product. What they don't appear to have is competent management. The best hope at this point would seem to be a buyout, but that's far from a certainty.

You could make a plausible case for Jones to survive at least long enough to get bought out. It wouldn't take much positive news to bump the stock up considerably from this level, but please be aware we're talking about a highly speculative situation. Don't commit any money you're not willing to lose 100% of.

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#9) On September 29, 2009 at 1:09 AM, ozzfan1317 (< 20) wrote:

Public disclosure I sold my Position at 80 cents for a slight profit. The companys share price has been dropping badly I suggest getting out unless you are comfortable with total capital loss.

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#10) On October 03, 2009 at 10:43 PM, kristm (99.71) wrote:

Panera Bread no longer sells Jones products, at least not locally. They said the soda didn't sell well enough in their stores. No more Sams club, no more Walmart, and no more Panera. They've pretty much been wiped off the map here in the southeast. Great product but apparently nobody wants to sell it anymore, so I'm not sure the company will ever go anywhere again.

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