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Alias Born | 01/31/2017 |
Friday, November 03, 2017 9:43:36 AM
The current company was merged into ILUS back in the 2nd quarter of 2016. Elite Knobs (online) is a DBA under Cache Cabinetry (brick and mortar); this appears to be the companies way of doing online business. They have been around since 2012 and seeing that 50% of small businesses fail in under five years lends credibility that he is a businessman. There were some paid promotions done, really can't tell by who, current management or people stuck here for years before they took over, just something to think about. It looks like they have hired a professional service at the moment, which leads me to believe the latter.
I found zero connection of current management and previous. AT held it, and he had 50 companies for sale.
The company currently does between 800,000.00 to 1,000,000.00 a year and has these websites.
www.cachecabinetry.com
www.eliteknobs.com
www.cacheelite.com
www.tripwitz.com (NEW)
I did find some others of interest, but not sure if they are connected even though evidence suggests so.
I did find out what ONE of their sites cost-
https://retailerwebservices.com/pricing/independent-retailer-pricing.html
Cant even begin to think what www.tripwitz.com cost or is worth. Has anyone actually played with it?? Here is another OTC site trading for 1.80 https://www.onlinevacationcenter.com/
It ONLY books cruises!!
Here's another https://www.travelzoo.com/ they seem to be using the same "member/user" approach. Ohh and they trade north of 6.00 and do 25 million plus.
If you read the filings, they look to have been searching or building www.tripwitz.com since early 2017. My guess is the way of brick and mortar is going the opposite direction, hence Online businesses.
I did find some others of interest, but not sure if they are connected even though evidence suggests so.
Who knows what will happen, but from my eyes, it won't be from lack of trying! The CCRA and ARC number alone is a serious vetting process that I know very well.
Another thing of note- Trading experience says there is one person that has a short position north of 4 million shares (could be a poster? ;)) they put it out on the bid every so often and to the naked eye it looks like support when in truth it's a possible cover. Last time was 4MM plus on the bid and with this float; I find that unbelievable. That's near 20%!! That's a big big number.
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