Click "View Shoutbox" to join other discussions about Rudy Nutrition.
Rudy Nutrition Inc (RUDN)
BY: Justaslice - November 7th, 2008 - 12:13 PM
+307-31
BY: seankonnery - November 7th, 2008 - 10:49 AM
+40-3
BY: David Salva - November 7th, 2008 - 9:18 AM
+91-20 
Re: Rudy Nutrition Inc (RUDN)
Iverson wrote:So you don't think they will be back aztec20?
IVERSON, DO YOU REALLY WANT TO KNOW HIS ANSWER? THINK ABOUT IT THIS IS A GUY WHO SAYS HE DOES NOT OWN THE THE STOCK. SO WHY IS HE HERE? HE TALKS ABOUT HOW GREAT HE DOES IN THE MARKET SO WHY IS HE WASTING HIS TIME ON THIS WHEN HE CAN BE MAKING MONEY LIKE WARREN B.AND THE OTHER GREAT INVESTERS.
THIS IS THE SAME GUY WHO QUESTIONED IF THE PRODUCT WAS REAL. WHAT IS HIS MOTIVE? I GUESS HE WANTS TO CARRY ON THE SPIRT OF MOTHER TERESA AND GUIDE US LOST INVESTERS TO THE RICHES HE ENJOYS. JUST OUR LUCK!
BY: Iverson - November 7th, 2008 - 8:36 AM
+544-21
BY: aztec20 - November 6th, 2008 - 5:55 PM
+414-32
Re: Rudy Nutrition Inc (RUDN)
LOL....awsome, That statement is a disclaimer that all companies have on there statements....
I am sorry gentlemen but I would like to take this moment to say: I TOLD YOU Did you guys think I showed all of that evidence for my own gain?
What you mean incompetence kettle? says the pot. This is a criminal enterprise and was from the start....I showed you guys the SEC files and felt that you could come to your own conclusions...how incompetent of me also.
BY: Iverson - November 6th, 2008 - 4:45 PM
+544-21
BY: spacey24 - November 5th, 2008 - 3:32 PM
+67-10
Re: Rudy Nutrition Inc (RUDN)
SEC News When: Monday, November 10, 9:30 a.m. EST This hearing was postponed indefinitely on November 4, 2008. Who: Administrative Law Judge James T. Kelly What: Hearing in the matter of American Environmental Corp., et al. (as to Rudy Nutrition), Administrative Proceeding No. 3-13185 Where: SEC Headquarters 100 F Street, N.E., Hearing Room 2 Washington, DC 20549 Contact: Office of Administrative Law Judges, (202) 551-6030
I called up about this and was told there was some kind of settlement between Rudy Nutrition and SEC, and its still pending.
BY: Iverson - November 5th, 2008 - 1:55 PM
+544-21
Re: Rudy Nutrition Inc (RUDN)
thanks awesome and David. It's really nice to have someone who is trying to sell their product.
BY: spacey24 - November 5th, 2008 - 12:38 PM
+67-10
BY: awesome - November 5th, 2008 - 12:27 PM
+12-0
Re: Rudy Nutrition Inc (RUDN)
spacey24 wrote:The recent halt of trading of “RUNU” was due to missing financials of the prior non-existing entity for the years 2005, 2006 and 2007. The halt of trading of “RUNU” has had no effect on the core business of the company.
I don't know if I would say incompetence. The statement from RUDYwas that they were missing financials for the prior non-existing entity. If you look at their recently released income statement it shows no income or expenses between FY 2005 and FY 2007. With no activity, and not knowing if they would continue the business, they may not have realized they needed to file reports. Once they restarted activity the SEC picked up on the fact that there were no filings for the intervening period.
As to the auditor's statement, if you read RUDY's 10K filing they state in the going concern section:
"We have lacked the equity capital to generate sufficient sales with sufficient profit to fund our business plan. We plan to use the resources afforded by a public company to raise funds through private placements of our common stock and to issue common stock in exchange for certain obligations.
"There can be no assurance that revenues from operations and private placement sales of our common stock will be sufficient to fund our current business plan. Our ability to continue as a going concern depends upon our success in executing these plans."
I don't think any auditing firm would place an unqualified stamp of approval on a firm that makes this statement. The auditor is confirming RUDY's statement regarding the negative potential.
I personally take it as a positive that RUDY has submitted the requested filings and is schedule for a hearing. This at least appears that they are doing what they need to do to restart trading and to grow the business.
Your Membership Includes...
Expand Your Network
Add brokers, experienced investors, financial planners and novice investors to your personal network.
Shoutbox
Pinnacle Digest is committed to providing every member of our site with a voice in our global investor community.
Investment Opportunities
As a member of Pinnacle Digest, you can expect 4-6 investment opportunities annually.
Exclusive Market Reports
Our reports evaluate the market while providing an edge on industry trends.Register
What are You Waiting for?
InvestorSentiment
What's your opinion on Rudy Nutrition?
0.0%|0.0%|0.0%
0 total votes
(votes update every 20 minutes)
You must Login or Register to vote.
RecentShoutbox
InvestorSentiment
Most Rated Stocks in the Community
- Archer Entertainment Media Communications Inc. 83.3%
- Mosquito Cons. Gold Mines75.0%
- Southern Arc Minerals Inc.75.0%
- Bactech Mining Corp. 33.3%33.3%33.3%
- Buzz Technologies Inc. 100.0%
- Bionic Products Inc.50.0%50.0%
Visit your favorite company hub to submit your rating.
New Symbol!
Here we go you guys.
Good Luck Everyone:)