| 2012 | 2013 | ||||||
| Price: | 1.00 | EPS | n/a | n/a | |||
| Shares Out. (in M): | 385 | P/E | n/a | n/a | |||
| Market Cap (in $M): | 385 | P/FCF | n/a | n/a | |||
| Net Debt (in $M): | 0 | EBIT | 0 | 0 | |||
| TEV (in $M): | 385 | TEV/EBIT | n/a | n/a | |||
| Borrow Cost: | NA | ||||||
Sign up for free guest access to view investment idea with a 45 days delay.
DISCLAIMER:
The author of this posting and related persons or entities ("Author") may currently hold a short position in this security. Short Sales are extremely risky and expose the investor to a loss in excess of their investment. Please consult your financial, legal and or tax advisers before making any investments. The Author makes no representation that it will continue to hold positions in the securities of SNPK. In fact the Author is likely to buy or sell long or short securities of this issuer and makes no representation or undertaking that Author will inform Value Investors Club, the reader or anyone else prior to or after making such transactions. Additionally, because the Author has these current positions the reader may assume that the Author is biased in favor of his investment view and may also be mistaken. While the Author has tried to present facts it believes are accurate, the Author makes no representation as to the accuracy or completeness of any information contained in this note. The reader agrees not to invest based on this note and to perform his or her own due diligence and research before taking a position in securities of this issuer. READER AGREES TO HOLD AUTHOR HARMLESS AND HEREBY WAIVES ANY CAUSES OF ACTION AGAINST AUTHOR RELATED TO THE ABOVE NOTE.
THESIS
Sunpeaks’ Ventures (Ticker: SNPK) is a heavily promoted stock with a $400 million market capitalization, minimal assets and little revenue. After their acquisition of Healthcare Distribution Specialists LLC (in order to market the vitamin Clotamin – seemingly a take off on CLOT + Vitamin), the stock has risen for non-fundamental reasons.
Sunpeaks primary asset (HDS) markets its multivitamin which purports to be special because it addresses a need of people on blood thinning agents who, apparently, should not take vitamin K. According to the pharmacy site of The Ohio State University, plenty of cheaper alternatives exist.
The stock and company is now controlled (voting rights) by Mackie Barch, a former Friedman Billings broker.
http://pharmacy.osu.edu/ClinicalPartners/pdfs/Multivitamins.pdf
http://www.amazon.com/CLOTAMIN-MULTI-VITAMIN-NO-60CP/dp/B0030897FI
http://www.amazon.com/s/ref=nb_sb_noss_1?url=search-alias%3Dhpc&field-keywords=flintstones+complete
It seems hard to believe that Clotamin will succeed in this highly commoditized and competitive category.
BACKGROUND
Sunpeaks is a former mining company incorporated in Nevada, based in Vancouver, with a controlling shareholder in Maryland and a small California law firm.
SUNPEAKS VENTURES, INC.
(Exact name of registrant as specified in its charter)
|
Nevada |
|
333-161985 |
|
27-0777112 |
|
(State or other jurisdiction |
|
(Commission File Number) |
|
(IRS Employer |
|
of Incorporation) |
|
|
|
Identification Number) |
|
|
|
|
|
|
|
|
|
#106, 505 19 Ave SW Calgary, Alberta, T2S 0E4, Canada (Address of principal executive offices) (403) 540-5277 (Registrant’s Telephone Number) |
|
|
Copy of all Communications to:
Carrillo Huettel, LLP
3033 Fifth Avenue, Suite 400
San Diego, CA 92103
phone: 619.546.6100
fax: 619.546.6060
CATALYST
I cannot predict when the market wakes up to the apparent reality that this seems overpriced.
CAPITALIZATION
370 million shares
3 million Preferred Shares (convert into 5 shares each of common, 100:1 voting rights)
ASSETS, EQUITY (Pre-Acquisition)
Cash $9,916
Revenue $0
Shareholder’s Equity negative
SNPK’S RECENT ACQUISITION’S BALANCE SHEET AND FINANCES
HDS Company Overview
HDS was incorporated in the State of Delaware on September 19, 2008 under the name AmeriSure Pharmaceuticals, LLC and on July 28, 2011 it changed its name to Healthcare Distribution Specialists LLC. The most recent financials from the 8-K are posted (in excerpt form below).
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8422597
AMERISURE PHARMACEUTICALS LLC
(A Development Stage Company)
Balance Sheets
(expressed in US dollars)
|
|
December 31, 2010 $ |
December 31, 2009 $ |
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
Cash |
591 |
– |
|
Accounts receivable |
43,897 |
– |
|
|
|
|
|
Total Assets |
44,488 |
– |
|
|
|
|
|
Liabilities and Stockholders’ Deficit |
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts payable and accrued liabilities – related party |
50,621 |
– |
|
|
|
|
|
Total Current Liabilities |
50,621 |
– |
|
|
|
|
|
Stockholders’ Deficit |
|
|
|
|
|
|
|
Members’ stock: unlimited shares authorized, without par value 1,000 shares issued and outstanding, respectively |
1,000 |
– |
|
|
|
|
|
Deficit accumulated during the development stage |
(7,133) |
– |
|
|
|
|
|
Total Stockholders’ Deficit |
(6,133) |
– |
|
|
|
|
|
Total Liabilities and Stockholders’ Deficit |
44,488 |
– |
(The accompanying notes are an integral part of these financial statements)
3
AMERISURE PHARMACEUTICALS LLC
(A Development Stage Company)
Statements of Operations
(Expressed in US dollars)
|
|
|
Year ended December 31, 2010 $ |
Year ended December 31, 2009 $ |
From September 19, 2008 (date of inception) to December 31, 2010 $ |
|
|
|
|
|
|
|
Revenue |
|
– |
– |
– |
|
|
|
|
|
|
|
Operating Expenses |
|
|
|
|
|
|
|
|
|
|
|
General and administrative |
|
6,073 |
– |
6,073 |
|
Professional fees |
|
452 |
– |
452 |
|
Travel and entertainment |
|
608 |
– |
608 |
|
|
|
|
|
|
|
Total Operating Expenses |
|
7,133 |
– |
7,133 |
|
|
|
|
|
|
|
Net Loss |
|
(7,133) |
– |
(7,133) |
|
|
|
|
|
|
|
Net income (loss) per share, basic and diluted |
|
(7.13) |
– |
|
|
|
|
|
|
|
|
Weighted average shares outstanding |
|
1,000 |
1,000 |
|
(The accompanying notes are an integral part of these financial statements)
4
VITAMINS WITHOUT VITAMIN K (ACCORDING TO OSU)
Multivitamins that do not contain vitamin K
?? One A Day Women’s®
?? Flintstones Complete®
?? One A Day Kids®
?? Ocuvite plus®
?? CVS Multivitamin + Minerals Extra Strength (USP)®
?? CVS Daily Multiple plus Iron (USP)®
?? Walgreen’s Women’s Way Scientifically Formulated for Active Women USP®
?? Giant Eagle Multi-Vitamin with Beta Carotene Daily USP®
?? Giant Eagle Multi-Vitamin with Beta Carotene Daily plus Iron USP®
Remember, it is always best to check with a Pharmacist about
whether or not the multivitamin contains vitamin K.
SITES PROMOTING SNPK
I receive a daily or more than once daily email from PennyPic.
Example:
Dear Valued Subscribers,
SNPK is hovering at around a dollar right now. Who would've thought that it'd be where it is today? The important thing is that it is and that it is showing strong signs of strong continuation. Even at the dollar range right now there are millions of SNPK buys coming through. Investors must be very confident in SNPK.
We know for sure that every one who did buy SNPK wants to see it go to $10+ like the other pennystock did last year!
Lucky members who had the foresight to buy SNPK in the 30 cent range and to hold (and hold and hold) have now more than tripled their money!
Everyone buying in the dollar range are hoping for the same as well!
SNPK has been on a streak of amazing announcements since April, and all signs indicate that it is just getting started! With a star such as NBA legend Paul Silas on board as spokesperson SNPK is off to a great start!
We have never covered a pick as interesting and with as much potential as SNPK!
Stay glued to SNPK because it looks like it's just getting started!
Sincerely.
The PennyPic.com Team
|
|
Today's pick is: SNPK |
|
Dear Valued Subscribers,
SNPK is such a blessing for our members. For those of you who played the biggest MegaMillions draw in history and unfortunately didn't win you can find some comfort in knowing that SNPK is producing gains for you. Lucky members who had the foresight to buy SNPK in the 30 cent range and to hold (and hold and hold) have now more than tripled their money! Could everyone buying in the dollar range triple or even quadruple their money too? You be the judge. We all saw a pennystock pick last year do the "impossible" and go from the 50 cent range all the way up to almost $11. Even a fraction of that would be amazing for our members. SNPK announced yesterday that they've reached a strategic agreement with Acosta ($50 billion system-wide sales with an A-list clientele such as Procter & Gamble). SNPK also had Steve Procko Productions (the studio that's worked with Pfizer, AT&T) create an ad for Clotamin which by the way began airing on TV yesterday. Doesn't that strike you as a great formula for success? SNPK's aiming for the stars (literaly) and finally reached an agreement with NBA legend Paul Silas to be a spokesperson for Clotamin nationwide. We wouldn't be surprised if we saw him appear in one of the Clotamin commercials some time soon. We have never covered a pick as interesting as SNPK, and it is also probably one of the picks we see the most potential in even at the current levels. Again, we saw a pick last year hit almost $11 so why couldn't SNPK produce a similar opportunity for our members as well? Keep watching SNPK because it looks like it's just getting started! Sincerely, |
It appears that Since March 26th, the following publications have put out promotional pieces on SNPK: Preferred Penny Stocks, Hototc, FreePennyAlerts.com, ExplicitPennyPicks.com, Penny Stock Alley, Killer Penny Stocks, PennyPic, GladiatorStocks.com, Ox of Wallstreet, Bull Rally, InsidersLab.com, PennyStocks123, SquawkBoxStocks, PennyStocksInsiders.com
https://www.google.com/search?sourceid=chrome&ie=UTF-8&q=sunopeaks+ventures
COMPANY FINANCIAL DOCUMENTS LINK
http://www.otcmarkets.com/stock/SNPK/financials
FORM 10-K
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8187225
As of October 11, 2011, there were 8,233,350 shares of the registrant’s $0.001 par
value Common Stock issued and outstanding.
DECEMBER 31, 2011 10-Q
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8401480
As of February 8, 2012, there were 370,500,750 shares of the registrant’s $0.001 par value common stock issued and outstanding.
FEBRUARY 13, 2012 FORM 8-K
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8422597
Share Exchange Agreement
On February 13, 2012, Sunpeaks Ventures, Inc., a Nevada corporation entered into that certain Share Exchange Agreement (the “Share Exchange Agreement”) with Healthcare Distribution Specialists LLC, a Delaware limited liability company, (“HDS”), Mackie Barch, the mmanaging member of HDS, who presently owns 100% of the issued and outstanding membership interests in HDS, and Scott Beaudette, the majority shareholder of the Company. Pursuant to the terms and conditions of the Share Exchange Agreement, HDS shall exchange 100% of the outstanding membership interests in HDS in exchange for: (i) two hundred million (200,000,000) newly-issued restricted shares of the Company’s common stock, par value $0.001 per share and (ii) three million (3,000,000) newly-issued restricted shares of the Company’s Class A Preferred Stock, par value $0.001 per share. The exchange will result in HDS becoming a wholly-owned subsidiary of the Company. Additionally, pursuant to the Share Exchange Agreement, Mr. Beaudette shall cancel two hundred million (200,000,000) shares of the Company’s common stock that he currently owns. As a result of the Share Exchange Agreement, the Company will now conduct all current operations through Healthcare Distribution Specialists LLC, and our principal business became the business of HDS.
CEO at Healthcare Distribution Specialists
Current
Past
Education
Connections
402 connections
Websites
Public Profile
http://www.linkedin.com/pub/mackie-barch/1a/ba7/832
finance, pharmaceuticals, distribution, OTC/Rx, wine, government
November 2008 – Present (3 years 6 months) Silver Spring, MD
Healthcare Distribution Specialists, LLC ("HDS") is a nationally focused, value-added distributor of specialty drugs and over-the-counter ("OTC") branded multivitamins to the healthcare provider market. HDS currently functions as a just-in-time source of supply for hospitals, surgery centers, and other critical care sites for those products that are hard-to-find due to drug manufacturers' production shortages. In addition to pharmaceuticals, HDS also distributes over-the-counter ("OTC") branded health supplements. HDS is currently analyzing several OTC products that would allow us to become a powerful Over-The-Counter player in the health supplement market.
2009 – Present (3 years)
The Town of Kensington, Maryland is known to its citizens as the Town where "the train still stops and the citizens still walk". The history of Kensington started decades before the Baltimore & Ohio Railroad constructed the Metropolitan Branch line from Washington, DC to Point of Rocks, Maryland in 1873. The Metropolitan Branch line bisected property owned by Mr. and Mrs. George Knowles. The train stopped a Knowles Station in recognition of George Knowles' property. This Station facilitated commerce to Knowles and the other farmers in the immediate area. Soon after the death of Knowles, parcels of land from the estate were sold. A significant portion of the Knowles estate and some of other surrounding land in the vicinity of the Knowles Station provided the natural setting of several hundred houses that emerged into Kensington of today. The name, Kensington did not surface until 1894. By 1890, the village of Knowles Station, as it was known then, experienced rapid growth and its growing governance and infrastructure needs could not be accommodated by the County. In 1894 a bill was introduced into the Maryland legislature to create the municipality known as the Town of Kensington.
Partnership; 1-10 employees; Health, Wellness and Fitness industry
2008 – December 2011 (3 years)
Global Nutritional Research is the maker of Clotamin, a unique and complete multivitamin formulated without vitamin k to meet the special nutritional needs of people taking blood thinning medications (anticoagulants) such as Warfarin. Vitamin k is a common ingredient in most multivitamins on the market and can thicken blood and interfere with warfarin therapy. Clotamin is available at pharmacies throughout the United States. www.clotamin.com
2008 – December 2011 (3 years)
The National Blood Clot Alliance (NBCA) formerly know as the National Alliance for Thrombosis and Thrombophilia (NATT) is a patient-led, voluntary health advocacy organization. NBCA volunteers include many of the nation's foremost experts on blood clots and blood clotting disorders.
NBCA programs include patient education and professional training on the signs, symptoms and prevention of blood clots and clotting disorders.
Philanthropy industry
2006 – December 2011 (5 years)
Vintners Charitable Cooperative (VCC) is the first social venture business that lets its customers choose wine and the charity they want to support. There are many wine labels and other wine programs that generously donate the proceeds from sales to many worthy causes, but unless you support the cause they do, it's not as motivating for you to buy. VCC lets its customers choose their favorite charity to support and gives 10% of online wine sales (coming soon!) and 25% of each wine club shipment (available now!) (excluding tax and shipping) to the charity you are passionate about.
2006 – 2008 (2 years)
Public Company; 201-500 employees; FBCM; Investment Banking industry
2001 – 2006 (5 years)
FBR Capital Markets focuses its banking, advisory, trading and research efforts in seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Washington Policy Analysis group offers clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
WHOIS RESULTS FROM REGISTER.COM
Whois Results
Top of Form
Bottom of Form
The data contained in GoDaddy.com, LLC's WhoIs database,
while believed by the company to be reliable, is provided "as is"
with no guarantee or warranties regarding its accuracy. This
information is provided for the sole purpose of assisting you
in obtaining information about domain name registration records.
Any use of this data for any other purpose is expressly forbidden without the prior written
permission of GoDaddy.com, LLC. By submitting an inquiry,
you agree to these terms of usage and limitations of warranty. In particular,
you agree not to use this data to allow, enable, or otherwise make possible,
dissemination or collection of this data, in part or in its entirety, for any
purpose, such as the transmission of unsolicited advertising and
and solicitations of any kind, including spam. You further agree
not to use this data to enable high volume, automated or robotic electronic
processes designed to collect or compile this data for any purpose,
including mining this data for your own personal or commercial purposes.
Please note: the registrant of the domain name is specified
in the "registrant" field. In most cases, GoDaddy.com, LLC
is not the registrant of domain names listed in this database.
Registrant:
Global Nutritional Research
3607 Calvend Lane
Kensington, Maryland 20895
United States
Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: CLOTAMIN.COM
Created on: 25-May-07
Expires on: 25-May-18
Last Updated on: 11-May-09
Administrative Contact:
Barch, Justin [email protected]
Global Nutritional Research
3607 Calvend Lane
Kensington, Maryland 20895
United States
(301) 455-0207 Fax -- (301) 455-0207
Technical Contact:
Barch, Justin [email protected]
Global Nutritional Research
3607 Calvend Lane
Kensington, Maryland 20895
United States
(301) 455-0207 Fax -- (301) 455-0207
Domain servers in listed order:
YNS1.YAHOO.COM
YNS2.YAHOO.COM
The Registry database contains ONLY .COM, .NET, .EDU domains and Registrars.
| show sort by |
Are you sure you want to close this position SUNPEAKS VENTURES INC?
By closing position, I’m notifying VIC Members that at today’s market price, I no longer am recommending this position.
Are you sure you want to Flag this idea SUNPEAKS VENTURES INC for removal?
Flagging an idea indicates that the idea does not meet the standards of the club and you believe it should be removed from the site. Once a threshold has been reached the idea will be removed.
You currently do not have message posting privilages, there are 1 way you can get the privilage.
Apply for or reactivate your full membership
You can apply for full membership by submitting an investment idea of your own. Or if you are in reactivation status, you need to reactivate your full membership.
What is wrong with message, "".