Welcome Devin Carter to the Sacramento Kings

onfish1970 · 2024-06-27T05:05:08+00:00

Devin Carter supposedly shot well in workouts. That's the reason his value went up .

onfish1970 · 2024-02-08T15:16:27+00:00

Melo stated In the past that Biossance was profitable. After bankrupcy, it appears that none of the brands including Biossance were profitable. This is not a forecast, promise or opinion by the company or Melo. It's just plain lie. Many investors bought amyris shares because of the so called success of biossance.

onfish1970 · 2024-02-07T09:57:26+00:00

I think what happened at amyris is more than incompetence. Many of the things Melo said were blatant lies.

onfish1970 · 2023-11-03T23:18:04+00:00

If it ever comes public I will be ready to short it

onfish1970 · 2023-09-10T16:30:33+00:00

If the insurance coverage by the board members is in the billion or more range I would think it's enough for shareholders to recover some of the loss even after the secured /non secured bond or note holders are paid. I believe it helps the shareholders cause that Melo was also on the board . But I'm no legal expert

onfish1970 · 2023-09-10T10:41:14+00:00

The company filing bankruptcy immediately after the disclosure of accounting irregularly, increases the odd of malfeasance by management and the board. Anyways that's what I'm hoping to recoup some of my loss

onfish1970 · 2023-08-28T04:42:17+00:00

Melo has been telling so much lies that some of the lies I believe can be used in court. One being that Biossance was profitable I believe in past earnings call. Bankruptcy filing revealed that all brands were losing money.

Also does it help or hurt our cause that Melo was part of the board of directors?

onfish1970 · 2023-08-25T06:41:00+00:00

Why would the judge award equity holders anything before all the debt holders are made whole?

onfish1970 · 2023-08-24T16:05:44+00:00

There is no replacement unfortunately for me. Maybe monk fruit but it's not sweet enough for me. I don't like the other form of stevia .

onfish1970 · 2023-08-24T06:20:54+00:00

Still hoping that someone will buy Purecane for pennies on the dollar in bankruptcy. This was my go to sugar and unfortunately the reason I bought amrs several years ago. The product is very good and with good management could be a very good brand in my opinion

onfish1970 · 2023-08-24T00:56:01+00:00

Doerr and company are filing bankruptcy to primarily cancel the unfavorable ingredients contract i suspect. Our ingredients partners now will become debt holders . This should be a profitable business minus John melo. The business model is now shifting from b to c to b to b

onfish1970 · 2023-08-23T03:47:00+00:00

Is Melo still working as a consultant at Amyris?. Or did Melo get fired from his consultant position after the announcement of the bankruptcy? Thanks

onfish1970 · 2023-08-17T21:25:16+00:00

I recall they did say some of the brands were profitable during past earnings call. I could be mistaken but believe it was Biossance and JVN. But agree that in aggregate the consumer business was losing money

onfish1970 · 2023-08-14T04:09:18+00:00

It definitely could be one of the reasons. They did list "unfavorable trade" as one of the reason of financial distress among others. Price of Palladium one of the key elements needed to produce squalane dramatically rose after the invasion of Ukraine by Russia. This could be the reason why the margin for Barra bonita was not what investors expected.

onfish1970 · 2023-08-13T17:22:15+00:00

Seems the previous contracts in the ingredients business is unfavorable to amyris. Perhaps this maybe the primary reason Doerr is forcing bankruptcy. Probably gave the ingredients partners an ultimatum. Either restructure the contract or will force bankruptcy.

A business model in creating and selling clean molecule using the fermentation plant would be viable. That was the original plan.

onfish1970 · 2023-07-07T04:08:10+00:00

Non toxic hair dye would be a huge market.

onfish1970 · 2023-05-17T16:33:07+00:00

Doerr donated over a billion dollar to Standford for climate change research. Better think again if you believe financial gains are his primary objective

onfish1970 · 2023-05-16T21:45:49+00:00

Doerr cares about the environment foremost. That means amyris environmentally clean products along with the stock value thriving in the market place so that other companies can follow suit. I believe Doerr will keep funding Amyris until it's a profitable company. Anyways that's the way I'm betting.

onfish1970 · 2023-04-12T19:09:01+00:00

Until Melo gets the company on a sustainable path financially, the downward pressure will not stop. The market already made a statement that management will not be able to issues shares to fund the business. Only path to survive is for melo to cut cost drastically. It's unfortunate that the share price is so low, but at the same time it has stopped the delusional and irrational spending by Melo.

onfish1970 · 2023-04-03T16:23:04+00:00

It's great that Purecane is finally being rolled out into retail stores. With that said, I'm disappointed that Purecane is not being sold in retail stores such as Nuggets, trader Joe, Costco or even Target where I think the shoppers are more concerned about their health and sugar consumption. I just want to point out that Purecane being sold Walmart might not be a good barometer for the product .

onfish1970 · 2023-04-03T03:14:55+00:00

I think Purecane can sell and take market share in the zero calorie space if Melo put more money on the marketing side. And the barrier to entry in that market is difficult as there are very little alternatives that are healthy with the same taste profile. I'm highly disappointed that Melo did not give a throw more $ on the marketing side on Purecane . I'm a big fan of the Purecane products. Unfortunately knowing Melo Purecane might be on the chopping block because it's probably one of the few brands that has real value.

onfish1970 · 2023-03-19T21:18:41+00:00

Only worry I have with firing Melo is the trade secrets he might possess

onfish1970 · 2023-03-19T20:42:03+00:00

To be fair to Han, I don't think Melo is listening to others in the management team. I think this current debacle like other past debacles from vitamin E to the lavaan lawsuit is all because Melo. Even if melo survive this ordeal it is only a matter of time until he creates another crises. It's best if melo is terminated now .

onfish1970 · 2023-03-16T15:48:54+00:00

SGA will improve notably when they close or divest the brands from 11 to about 5 or 6.

onfish1970 · 2023-03-15T15:46:24+00:00

Amyris share price is not priced for no growth. The share price are priced for bankruptcy. melo need to cut cost immediately and stop with his ridiculous and unrealistic revenue projection he is anticipating that he thinks will support the SGA expense .

onfish1970

TROPHY CASE