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hard to say - not clear to me - so I have a small amount 'just in case'. Long term looks good, but shorter and mid term patience may be required for sure. I'm hoping we can get a chance for much lower prices -- something under .50 again.
Slinger Bag Inc (QB) (SLBG)
0.88295 ? 0.01295 (1.49%)
Volume: 20,348 @01/07/21 3:41:23 PM EST
Bid Ask Day's Range
0.8 0.94 0.85 - 0.905
SLBG Detailed Quote
OUCH! SUDDENLY WE DONT LOOK SO GOOD PATIENCE!
I like this for the long term, but depending on rate of adoption and debt/expenses this can trade anywhere from .30 to $3 in the next year IMO.
If the current quarter revenue drops (due to colder weather) the stock may be vulnerable.
I, Mike Ballardie, chief executive officerl of Slinger Bag Inc. (“the Company”), certify that:
1. The Company is registered or required to file periodic reporting with the SEC or is exempt from SEC registration as indicated below (mark the box below that applies with an “X”):
[ ] Company is registered under Section 12(g) of the Exchange Act
[ ] Company is relying on Exchange Act Rule 12g3-2(b)
[ ] Company is a bank that reports to a Bank Regulator under Section 12(i) of the Exchange Act
[ ] Company is a bank that is non-SEC reporting but is current in its reporting to a Banking Regulator [x] Company is reporting under Section 15(d) of the Exchange Act.
[ ] Company is reporting under the Alternative Reporting Company Disclosure Guidelines
[ ] Company is reporting under Regulation A (Tier 2)
[ ] Other (describe)
2. The Company is current in its reporting obligations as of the most recent fiscal year end and any subsequent quarters, and such information has been posted either on the SEC’s EDGAR system or the OTC Disclosure & News Service, as applicable.
3. The Company Profile displayed on www.otcmarkets.com is current and complete as of December 21, 2020 and includes the total shares outstanding, authorized, and in the public float as of that date.
4. Please provide the following share information as of the latest practicable date:
The data in this chart is as of:
Shares Authorized (A) Total Shares Outstanding (B) Restricted Shares (C) Unrestricted Shares Held by Officers, Directors, 10% Holders & Affiliates (D) Public Float1: Subtract Lines C and D from Line B (E) % Public Float: Line E Divided by Line B (as a %) (F) Number of Beneficial Shareholders of at least 100 shares (G)
December 21, 2020 300,000,000 26,746,746 21,150,186
0 5,596,560 20.92
98
5. The company is duly organized, validly existing and in good standing under the laws Company is organized or does business.
of Nevada in which the
6. Identify any law firm and attorney(s) that acted as the Company’s primary legal counsel in preparing its most recent annual report. Include the firm and attorney(s) name if outside counsel, or name and title if internal counsel. (If no attorney assisted in putting together the disclosure, the Company must identify the person or persons who prepared the disclosure and their relationship to the company.) Please also identify any other attorney, if different than the primary legal counsel, that assisted the company during the prior fiscal year on any matter including but not limited to, preparation of disclosure, press releases, consulting services, corporate action or merger assistance, etc.
Mark Radom, Esq., general counsel
7. The following is a complete list of third party providers, including names and addresses, engaged by the Company, its officers, directors or controlling shareholders, during the period from the Company’s prior fiscal year end to the date of this OTCQB Certification, to provide investor relations services, public relations services, marketi
$SLBG Slinger Bag Enters Into Multinational European Agreement, The Company Reaches Cumulative Global Retail Target of $200 Million
Press Release | 12/15/2020
Landmark multinational agreement reached with Dunlop Europe International Limited to exclusively distribute Slinger Bags innovative sports technology across key European markets
Baltimore, Sept. 22, 2020 (GLOBE NEWSWIRE) --Slinger Bag(OTC: SLBG), a sports brand focused on innovating game improvement equipment for all ball sports with an initial focus on the global tennis market, today announced an unprecedented multi year, distribution agreement across nine key markets in Europe with global tennis giant, Dunlop. This announcement follows similar global strategic agreements in key tennis markets including Ireland, Japan, UK, Ireland, Switzerland and all four Scandinavian markets, bringing the total value of Slinger Bags international distribution partnerships to a cumulative five year retail value of $200 million.
Under the terms of the new agreement, DunlopInternational Europe Ltd (Dunlop), whose parent company is Sumitomo Rubber Industries, Japan, will be granted exclusive distribution rights for Slinger Bags innovative tennis ball launcher in the core European markets of Austria, Belgium, France, Germany, Italy, Luxembourg Portugal, Netherlands, and Spain.
There is no bigger endorsement of how far Slinger Bag has come in a short space of time than this new commercial association with Dunlop, a global giant in tennis with an unequalled market reach and a reputation to match. We have the utmost confidence in the sales and marketing strategy provided by the Dunlop team to rapidly build Slinger Bag brand awareness in the core markets covered by this deal and to activate this partnership through a multitude of traditional grassroots marketing activities allied with aggressive online marketing to European tennis consumers, says Mike Ballardie, CEO of Slinger Bag. Without a doubt this is a landmark deal for us and a real vindication of our faith in the long term global growth potential of Slinger Bag.
This strategic alliance will see the two companies working closely together on a day to day basis to maximise the potential of Slinger Bag across these key territories, with Dunlop leveraging Slinger Bag growth supporting its comprehensive tennis ball market share, brand presence across European tennis and its recognition as a highly respected tennis brand. Dunlop will integrate a dedicated Slinger Bag team to oversee sales and marketing operations, including affiliate marketing programs, major tennis tournaments and events, local federations and organisation partnerships, and in market tennis coaching networks. In addition, Dunlop will adopt Slinger Bags preferred direct to consumer go-to-market sales strategy and will establish its own e-commerce platform (to be launched Q1 2021) to complement direct to consumer sales currently made viawww.slingerbag.com
Dunlops territories represent the largest and most important tennis markets in Europe and include the third and fourth largest tennis markets (Germany and France) globally. In Germany alone, where tennis is one of the most popular sports, over five percent of the population plays tennis with around 3 million players recognised as avid players playing at least 1 time per week. The German Tennis Federation is the largest tennis federation in the world with around 1.4 million members. Across all other markets where Dunlop will operate the avid player number totals around 3.6 million players, making these regular players the core target market for Slinger Bag.
Dunlop is investing heavily into supporting its brand with player sponsorships and strategic partnerships including being the official tennis ball of both the ATP and the Australian Open and is the number one ball brand in Asia, Australasia and Europe. The brand sponsors many of the worlds top professional players including Kevin Anderson, Nikoloz Basilashvili, Roberto Marcora, Michael Mmoh, Jamie Murray, Qiang Wang, and Heather Watson, amongst many others.
Slinger Bag is now widely recognised as the hot new product in Tennis since launching in Spring 2020, and continues to receive widespread critical acclaim. The product has surpassed all order forecasts in each market where the product has already been launched, none more important than the worlds largest tennis market, the USA, where orders have reached $2 million over the past 110 days.
Slinger Bag enables tennis players to get out on court to play at any time without the need to find a playing partner - whether that be at their club, local park, on their driveways or in any other available open space. Slinger Bag is lightweight, wheeled like a trolley bag, and easily transported in the trunk of the smallest saloon or sedan car. It offers players the versatility to store all of their tennis gear including racquets, shoes, towels and accessories. At the average price of two to three performance tennis racquets it is highly affordable when compared to comparable performing traditional ball machines.
Frans Swinkels, Dunlop Managing Director commented, Following the highly successful launch of Slinger Bag in the USA and intensive product testing by our sales and marketing teams, we are delighted to leverage Dunlops network across the largest tennis markets in Europe. Our premium status as the number one ball on the ATP Tour and official ball of the Australian Open, coupled with Slinger Bags dynamic and high performance ball launcher is an exciting proposition for the market. The partnership further enhances Dunlops complete offering in the tennis ball market as a complete equipment supplier.
Yasutaka Doko, COO, Dunlop International Europe Ltd. commented, Having seen the successful introduction of Slinger Bag to the Japanese market and further extensive research in our operations, we are very excited to partner with Slinger Bag. They share our drive and passion for innovation, to offer this revolutionary new tennis product to our customers and consumers across our European territories.
The Slinger Bag is available to order now - to find out more about Slinger Bag, visithttps://slingerbag.com.
For the latest information on when Slinger Bag will be available inGermany, Austria, Spain, Portugal, Italy, Holland, Belgium, Luxembourg and France,please sign up using thisform.
ENDS
For Slinger Bag Investor Relations inquiries contactinvestors@slingerbag.comor 443-407-7564
For Slinger Bag media enquiries in U.K, Europe and Australia contact the UK Press Office, Joe Murgatroyd,Press@slingerbag.com, at Brandnation, +44(0)207 940 7294
For Slinger Bag media enquiries in U.S & CANADA., please contact the U.S. Press Office, Meryl Rader,meryl@cgprpublicrelations.com, at CGPR, 908-528-3826
Slinger Bag Legal Counsel:Kalfa Law. Contact:shira@kalfalaw.com
For Dunlop media enquiries,f.binder@dunlopsports.com, +49 6181 363191
About Slinger Bag®:Slinger®is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger®enhances the skill and enjoyment levels of players of all ages and abilities. Slinger®is initially focused on building its brand within the global Tennis market, through its Slinger®Tennis Ball Launcher and Accessories. Slinger®has underpinned its proof of concept with in excess of $2 Million in orders of its Tennis Ball Launcher. Led by CEO Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger®is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger®Launcher.
About Dunlop:Dunlop is owned by Sumitomo Rubber Industries and has its headquarters in Kobe, Japan. Dunlop has a legendary history in the sport of tennis. Dunlop is the Official tennis ball partner of the ATP Tour and the Australian Open Grand Slam. Current players on tour using Dunlop products include Kevin Anderson, Nikoloz Basilashvili, Qiang Wang, Roberto Marcora, Heather Watson, Jamie Murray, Taylor Townsend, Zarina Diyas, Donald Young, Bjorn Fratangelo and Kurumi Nara. Dunlop U.S. legends James Blake and Michael Chang as well as Patrick Mouratoglou, Nick Bollettieri and Rod Laver are also ambassadors for the brand. Learn more at www.DunlopSports.com.
About Sumitomo Rubber Industries:Sumitomo Rubber Industries (SRI) was founded in 1909 in Kobe, Japan and employs over 37,000 people across the world and has sales revenue of around $8 billion. SRI acquired the global rights to the Dunlop brand in April 2017 and owns fellow sports brands Srixon, Cleveland Golf and XXIO. SRI specialises in the tire industry but also in providing rubber-based products for many other industries such as medical, construction, marine and sports facilities.
Slinger Bag Disclaimer:Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Companys products and services, the ability to complete development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Companys most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Forward-Looking Statements:This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.
These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
we are early here. Check this out: Slinger Bag has signed global distribution agreements lasting through to 2025 worth $200M at consumer retail value including a large-scale deal with global tennis giant Dunlop. Over 3,500 Slinger Bag units pre-ordered from a crowdfunding initiative have been delivered, while as of October 31(st) 2020, 11,250 launchers have been shipped from the Slinger Bag suppliers in Asia with a further 10,000 currently in production.
NICE Slinger Bag Inc (PK) (SLBG)
1.08 ? 0.08 (8.00%)
Volume: 11,950 @12/17/20 11:14:39 AM EST
Bid Ask Day's Range
1.01 1.08 1.0 - 1.08
SLBG Detailed Quote
$3.3m in Q2 sales, over 40% gross margins!:
Slinger Bag Q2 Results Show Rapid Progress
8:25 AM ET 12/17/20 | Dow Jones
Baltimore, Maryland--(Newsfile Corp. - December 17, 2020) - Slinger Bag (OTC Pink: SLBG), the sports brand focused on innovating game improvement equipment for ball sports with an initial focus on the global tennis market, is proud to announce its Q2 results. Slinger Bag delivered progressive results for the quarter with revenue and gross margin all growing exponentially. All of this goes to underline the significant progress the part-crowdfunded startup has made since the global launch of its game-changing Slinger Bag tennis ball launcher earlier this year.
Slinger Bag's focus on execution and increasing the brand's global footprint resulted in strong sales growth. The results for the second quarter period, ending October 31, 2020 show that YTD Slinger Bag has sold over 6,000 units across both its core North American markets and its fast-growing base of global distribution partners, generating $3.3M in total sales. The company has enjoyed an increase of 381% over previous year total sales, and generated a Q2 gross profit on Slinger Bag of $1,453,000, while retiring $625,000 of debt in FY2020.
SLBG Q2 Results and 2020 Overview
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7599/70526_d5949ace842b993a_001full.jpg
Company milestones to date include achieving pan-continental global distribution in 37 countries including all major tennis markets such as the USA, Japan, UK, Central Europe, India, Middle East, Australia, New Zealand and several South American markets, as well as having a brand footprint on all major continents. Slinger Bag has signed global distribution agreements lasting through to 2025 worth $200M at consumer retail value including a large-scale deal with global tennis giant Dunlop. Over 3,500 Slinger Bag units pre-ordered from a crowdfunding initiative have been delivered, while as of October 31(st) 2020, 11,250 launchers have been shipped from the Slinger Bag suppliers in Asia with a further 10,000 currently in production.
Slinger Bag is now recognised as the world's leading tennis ball launcher and its dramatic impact on the global tennis market and global tennis playing community is underlined by widespread media acclaim in tennis, sports and lifestyle national press plus the involvement of over 150 global tennis market influencers with a social media reach of over 140 million fans.
Slinger Bag enables tennis enthusiasts to get out on court to play at any time without the need to find a playing partner - whether that be at their club, local park, on their driveways or in any other available open space. Slinger Bag is lightweight, wheeled like a trolley bag, and easily transported in the trunk of the smallest saloon or sedan car.
This proprietary design empowers players to set up and start launching balls within minutes, and to control both the launch speed and the frequency of the balls using two customizable dials. The angle of elevation can be varied to suit groundstrokes, lobs or even, in the Ball Boy mode, to practice serves. Slinger Bag is lightweight at 15kg/33 lbs. and multi-functional, holding racquets and other gear, 72 tennis balls, and has pockets for storing wallets, keys, a towel and water bottle and is impressively affordable.
"We are delighted by the progress Slinger Bag has made in such a short period. Our impressive pace of growth has been assisted by the fact that tennis players and the tennis market have been really quick to see and understand the benefits of this game-changing product. The raft of new commercial associations we have put in place means that we have been able to establish a global footprint - especially in all the key tennis markets. We still have plenty to do and more territories to cover and are particularly keen to develop grass roots associations and marketing initiatives that can actually help support the growth of tennis participation globally," says Mike Ballardie, CEO of Slinger Bag. " Since our official commercial launch in April 2020 we have been head down focused on building our brand awareness, driving our US sales through our direct to consumer channel and expanding our global footprint through handpicked, market-leading distribution partners. The results are a testament to our executive team's vision, strategy and execution and underscore that we are on track to deliver our ambitious growth targets for Slinger Bag in both the short and longer term", he concluded.
To find out more about Slinger Bag, visit www.slingerbag.com.
ENDS
For Investor Relations inquiries visit www.slingerbagir.com or contact investors@slingerbag.com or 443-407-7564.
For media inquiries contact the Press Office, Joe Murgatroyd, Press@slingerbag.com, at Brandnation, 443-407-7564 or +44(0)207 940 7294.
Slinger Bag Legal Counsel: Kalfa Law. Contact: shira@kalfalaw.com
About Slinger Bag(R): Slinger(R) is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger(R) enhances the skill and enjoyment levels of players of all ages and abilities. Slinger(R) is initially focused on building its brand within the global Tennis market, through its Slinger(R) Tennis Ball Launcher and Accessories. Slinger(R) has underpinned its proof of concept with over $200M of retail value in global distribution agreements since the Spring of 2020. Led by CEO, Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger(R) is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger(R) Launcher.
$SLBG Slinger Bag Enters Into Multinational European Agreement, The Company Reaches Cumulative Global Retail Target of $200 Million
Press Release | 12/15/2020
Landmark multinational agreement reached with Dunlop Europe International Limited to exclusively distribute Slinger Bags innovative sports technology across key European markets
Baltimore, Sept. 22, 2020 (GLOBE NEWSWIRE) --Slinger Bag(OTC: SLBG), a sports brand focused on innovating game improvement equipment for all ball sports with an initial focus on the global tennis market, today announced an unprecedented multi year, distribution agreement across nine key markets in Europe with global tennis giant, Dunlop. This announcement follows similar global strategic agreements in key tennis markets including Ireland, Japan, UK, Ireland, Switzerland and all four Scandinavian markets, bringing the total value of Slinger Bags international distribution partnerships to a cumulative five year retail value of $200 million.
Under the terms of the new agreement, DunlopInternational Europe Ltd (Dunlop), whose parent company is Sumitomo Rubber Industries, Japan, will be granted exclusive distribution rights for Slinger Bags innovative tennis ball launcher in the core European markets of Austria, Belgium, France, Germany, Italy, Luxembourg Portugal, Netherlands, and Spain.
There is no bigger endorsement of how far Slinger Bag has come in a short space of time than this new commercial association with Dunlop, a global giant in tennis with an unequalled market reach and a reputation to match. We have the utmost confidence in the sales and marketing strategy provided by the Dunlop team to rapidly build Slinger Bag brand awareness in the core markets covered by this deal and to activate this partnership through a multitude of traditional grassroots marketing activities allied with aggressive online marketing to European tennis consumers, says Mike Ballardie, CEO of Slinger Bag. Without a doubt this is a landmark deal for us and a real vindication of our faith in the long term global growth potential of Slinger Bag.
This strategic alliance will see the two companies working closely together on a day to day basis to maximise the potential of Slinger Bag across these key territories, with Dunlop leveraging Slinger Bag growth supporting its comprehensive tennis ball market share, brand presence across European tennis and its recognition as a highly respected tennis brand. Dunlop will integrate a dedicated Slinger Bag team to oversee sales and marketing operations, including affiliate marketing programs, major tennis tournaments and events, local federations and organisation partnerships, and in market tennis coaching networks. In addition, Dunlop will adopt Slinger Bags preferred direct to consumer go-to-market sales strategy and will establish its own e-commerce platform (to be launched Q1 2021) to complement direct to consumer sales currently made viawww.slingerbag.com
Dunlops territories represent the largest and most important tennis markets in Europe and include the third and fourth largest tennis markets (Germany and France) globally. In Germany alone, where tennis is one of the most popular sports, over five percent of the population plays tennis with around 3 million players recognised as avid players playing at least 1 time per week. The German Tennis Federation is the largest tennis federation in the world with around 1.4 million members. Across all other markets where Dunlop will operate the avid player number totals around 3.6 million players, making these regular players the core target market for Slinger Bag.
Dunlop is investing heavily into supporting its brand with player sponsorships and strategic partnerships including being the official tennis ball of both the ATP and the Australian Open and is the number one ball brand in Asia, Australasia and Europe. The brand sponsors many of the worlds top professional players including Kevin Anderson, Nikoloz Basilashvili, Roberto Marcora, Michael Mmoh, Jamie Murray, Qiang Wang, and Heather Watson, amongst many others.
Slinger Bag is now widely recognised as the hot new product in Tennis since launching in Spring 2020, and continues to receive widespread critical acclaim. The product has surpassed all order forecasts in each market where the product has already been launched, none more important than the worlds largest tennis market, the USA, where orders have reached $2 million over the past 110 days.
Slinger Bag enables tennis players to get out on court to play at any time without the need to find a playing partner - whether that be at their club, local park, on their driveways or in any other available open space. Slinger Bag is lightweight, wheeled like a trolley bag, and easily transported in the trunk of the smallest saloon or sedan car. It offers players the versatility to store all of their tennis gear including racquets, shoes, towels and accessories. At the average price of two to three performance tennis racquets it is highly affordable when compared to comparable performing traditional ball machines.
Frans Swinkels, Dunlop Managing Director commented, Following the highly successful launch of Slinger Bag in the USA and intensive product testing by our sales and marketing teams, we are delighted to leverage Dunlops network across the largest tennis markets in Europe. Our premium status as the number one ball on the ATP Tour and official ball of the Australian Open, coupled with Slinger Bags dynamic and high performance ball launcher is an exciting proposition for the market. The partnership further enhances Dunlops complete offering in the tennis ball market as a complete equipment supplier.
Yasutaka Doko, COO, Dunlop International Europe Ltd. commented, Having seen the successful introduction of Slinger Bag to the Japanese market and further extensive research in our operations, we are very excited to partner with Slinger Bag. They share our drive and passion for innovation, to offer this revolutionary new tennis product to our customers and consumers across our European territories.
The Slinger Bag is available to order now - to find out more about Slinger Bag, visithttps://slingerbag.com.
For the latest information on when Slinger Bag will be available inGermany, Austria, Spain, Portugal, Italy, Holland, Belgium, Luxembourg and France,please sign up using thisform.
ENDS
For Slinger Bag Investor Relations inquiries contactinvestors@slingerbag.comor 443-407-7564
For Slinger Bag media enquiries in U.K, Europe and Australia contact the UK Press Office, Joe Murgatroyd,Press@slingerbag.com, at Brandnation, +44(0)207 940 7294
For Slinger Bag media enquiries in U.S & CANADA., please contact the U.S. Press Office, Meryl Rader,meryl@cgprpublicrelations.com, at CGPR, 908-528-3826
Slinger Bag Legal Counsel:Kalfa Law. Contact:shira@kalfalaw.com
For Dunlop media enquiries,f.binder@dunlopsports.com, +49 6181 363191
About Slinger Bag®:Slinger®is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger®enhances the skill and enjoyment levels of players of all ages and abilities. Slinger®is initially focused on building its brand within the global Tennis market, through its Slinger®Tennis Ball Launcher and Accessories. Slinger®has underpinned its proof of concept with in excess of $2 Million in orders of its Tennis Ball Launcher. Led by CEO Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger®is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger®Launcher.
About Dunlop:Dunlop is owned by Sumitomo Rubber Industries and has its headquarters in Kobe, Japan. Dunlop has a legendary history in the sport of tennis. Dunlop is the Official tennis ball partner of the ATP Tour and the Australian Open Grand Slam. Current players on tour using Dunlop products include Kevin Anderson, Nikoloz Basilashvili, Qiang Wang, Roberto Marcora, Heather Watson, Jamie Murray, Taylor Townsend, Zarina Diyas, Donald Young, Bjorn Fratangelo and Kurumi Nara. Dunlop U.S. legends James Blake and Michael Chang as well as Patrick Mouratoglou, Nick Bollettieri and Rod Laver are also ambassadors for the brand. Learn more at www.DunlopSports.com.
About Sumitomo Rubber Industries:Sumitomo Rubber Industries (SRI) was founded in 1909 in Kobe, Japan and employs over 37,000 people across the world and has sales revenue of around $8 billion. SRI acquired the global rights to the Dunlop brand in April 2017 and owns fellow sports brands Srixon, Cleveland Golf and XXIO. SRI specialises in the tire industry but also in providing rubber-based products for many other industries such as medical, construction, marine and sports facilities.
Slinger Bag Disclaimer:Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Companys products and services, the ability to complete development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Companys most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Forward-Looking Statements:This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.
These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Slinger Bag Inc (PK) (SLBG)
0.87 ? -0.03 (-3.33%)
Volume: 3,816 @12/07/20 12:37:24 PM EST
Bid Ask Day's Range
0.87 0.98 0.87 - 0.872
SLBG Detailed Quote
I SAW PRE 14c FILED YESTERDAY OR DAY BEFORE, SO BE AWARE OF R/S OR SOMETHING WEIRD, NOT GOOD GOING ON.. CANT FIND IT NOW, BUT SAW A PR ON IT! WTF
Slinger Bag Inc (PK) (SLBG)
0.99 ? -0.005 (-0.50%)
Volume: 3,100 @11/24/20 3:40:30 PM EST
Bid Ask Day's Range
0.4 1.0 0.99 - 1.0
SLBG Detailed Quote
Slinger Bag Inc (PK) (SLBG)
1.2 ? 0.0 (0.00%)
Volume: 37,162 @10/23/20 3:58:06 PM EDT
Bid Ask Day's Range
1.0 1.25 1.05 - 1.25
SLBG Detailed Quote
Slinger Bag Inc (PK) (SLBG)
1.05 ? 0.05 (5.00%)
Volume: 9,900 @09/25/20 3:40:30 PM EDT
Bid Ask Day's Range
1.0 2.0 1.02 - 1.05
SLBG Detailed Quote
Q OUT.. CHECK DEBT OUT BEFORE BUYING! OUCH!
I GOT OUT! ONCE I DISCOVERED DEBT NOT WHAT I WAS TOLD BY IR!
yeah, there is a lot of debt. The set-up is good which makes for a good story, but the stock seems to have priced in a LOT of success already.
Without hard numbers much higher than what we've seen, while I'm still watching I"m just not very tempted at these levels. The volume suggests others feel the same.
While there ARE millions of tennis players, how many are serious enough to pay $500 for the product? Most of those players already have fellow players to play against, or a machine/trainer, I would think.
I like tennis but that's more than I want to pay, even if it is half price of competing products..so the real question I think is how much of the market will the product really be able to penetrate? Think of it this way - how many people in your city would buy one? My city has 1 million people, and I'm thinking maybe around 20 would buy it. That would equate to 6,000 in the USA -- or $3m over time. Very rough, and I could be way off, and of course that is just the US.
Will the sales get this company which has $6.4 in liabilities (some toxic) and almost $7m in operational cash flow deficit last year - to a positive position, and if so, how long will that take? Lots of uncertainty until we see more hard numbers.
LOOKS LIKE TOP IN, I EASED OUT AT ASK PAST COUPLE WEEKS, HAD ENOUGH BS FROM IR.
BEST OF LUCK TO YOU ALL.
hi peter happy sunday 09-06-2020
Thanks for sharing
Slinger Bag Inc (PK) (SLBG)
0.7905 ? -0.0045 (-0.57%)
Volume: 25,764 @09/04/20 3:47:59 PM EDT
Bid Ask Day's Range
0.79 1.12 0.7905 - 1.0
SLBG Detailed Quote
Slinger Bag Inc (PK) (SLBG)
0.7905 ? -0.0045 (-0.57%)
Volume: 25,764 @09/04/20 3:47:59 PM EDT
Bid Ask Day's Range
0.79 1.12 0.7905 - 1.0
SLBG Detailed Quote
Great news out
Holding a strong pattern $SLBG
https://www.otcmarkets.com/stock/SLBG/news/Slinger-Bag-Announces-Major-Expansion-into-Australia?id=272942
nice news out this company is really growing https://www.otcmarkets.com/stock/SLBG/news/Slinger-Bag-Appoints-First-African-Distributor-Planet-Sport?id=272605
ORIGINALLY TOLD FOUNDER HELD VAST MAJORITY IF NOT ALL THE DEBT AND THAT HE OBVIOUSLY HAD NO INTENTION OF DUMPING, EVEN IF HE COULD!
FROM MY OBSERVATION THAT'S NOT EXACTLY WHATS GOING ON. 10k SHOWED MORE DEBT THAN I EXPECTED.
I hear you, very frustrating - what did IR tell you that was contradicted in the 10k?
$SLBG FINANCIALS WERE EXPLAINED TO BE PRIOR TO 10k COMING OUT AND THEY SOUNDED REASONABLE... 10k DID NOT REFLECT WHAT I WAS TOLD BY IR. IM NO EXPERT, BUT IT WAS ENOUGH FOR ME TO SELL OUT OF SHARES.
THAT WAS THE SECOND TIME IR HAD MISLED ME IMO. ENOUGH IS ENOUGH!
MAY FLIP IN 30's IF IT GETS THERE! OTHERWISE BYE BYE FOR ME!
GL
much of the debt has been delayed, it looks like, but some of the debt is convertible at discounts, and the costs for the quarter were pretty high.
just from a quick look, I need to look closer still
Lots of uncertainty at this point.
SORRY, BUT I MENTIONED I WAS SELLING MY SHARES HERE. PLAY ME LIKE A FOOL, BUT I WILL BE DAMNED IF I WILL CONTINUE TO INVEST HERE!
I MAY PICK UP A FEW IN THE .30's TO TRADE WITH!
$SLBG Slinger Bag to Present at The LD 500 Virtual Conference
Press Release | 08/25/2020
BALTIMORE, MD / ACCESSWIRE / August 25, 2020 / Slinger Bag Inc. (OTC PINK:SLBG), a sports brand focused on innovative game improvement technology with an initial focus on the global tennis market, today announced that Mike Ballardie, Slinger Chief Executive Officer, will be presenting at the LD 500 virtual investor conference on Wednesday, September 2, 2020 at 3:20 PM EST.
Mr. Ballardie will provide the live virtual audience with a corporate update and share the Company's progress in its expansion into the global tennis market with the Slinger Bag Tennis Ball Launcher. The Slinger Bag is revolutionizing the game for tennis players who struggle to find regular and reliable opponents, and know that typical ball machines are bulky, expensive, and cumbersome. Slinger offers tennis enthusiasts of any skill level the opportunity to practice anytime, anywhere without the need for a playing partner.
The presentation will run for roughly 15 minutes, with a Q&A and one-on-one virtual meetings to follow. The LD 500 will take place on September 1 - 4. To register and request one-on-one meetings, visit: https://ld-micro-conference.events.issuerdirect.com/
"We're thrilled to be presenting at the LD 500," says Slinger CEO Mike Ballardie. "Slinger has been extremely well received on its initial launch in the United States, Japan, U.K and several other key European markets. Thanks to support from Hall of Fame Coach Nick Bollettieri and future Hall of Fame doubles legends The Bryan Brothers, we are in the midst of a widely successful pre-order campaign that is closing in on $1.5 million in orders placed during its initial 100 days, demonstrating our strong market support among tennis enthusiasts. This conference will provide us with the opportunity to expose the Slinger story to a broader audience, and illustrate the potential of Slinger Bag as a game changer in the ball sports equipment industry"
View Slinger Bag's LD Micro 500 profile here:http://www.ldmicro.com/profile/SLBG
For more information or to order a Slinger Bag visit: www.slingerbag.com
For Investor Relations inquiries contact investors@slingerbag.com or 443-407-7564
For U.S & CANADA., please contact the U.S. Press Office, Meryl Rader, meryl@cgprpublicrelations.com, at CGPR, 908-528-3826
For U.K. and Europe contact the UK Press Office, Joe Murgatroyd, Press@slingerbag.com, at BrandNation, +44(0)207 940 7294
Legal Counsel: Kalfa Law, Contact Shira@kalfalaw.com
About LD Micro
Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space. The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone. For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.
About Slinger Bag®
Slinger® is a new sports brand focused on delivering innovative, game improvement technologies and equipment across all Ball Sport categories. With the vision to become a next-generation sports consumer products company, Slinger® enhances the skill and enjoyment levels of players of all ages and abilities. Slinger® is initially focused on building its brand within the global Tennis market, through its Slinger® Tennis Ball Launcher and Accessories. Slinger® has underpinned its proof of concept with in excess of $1 Million in orders of its Tennis Ball Launcher. Led by CEO Mike Ballardie (former Prince CEO and Wilson EMEA racquet sports executive) Slinger® is now primed to continue to disrupt what are traditional global markets with its patent-pending, highly transportable and affordable Slinger® Launcher.
Slinger Bag Disclaimer
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.
These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential, "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE: Slinger Bag
View source version on accesswire.com:
https://www.accesswire.com/603137/Slinger-Bag-to-Present-at-The-LD-500-Virtual-Conference
DID YOU READ THE 10k? WHEN I SPOKE WITH IR I WAS LED TO BELIEVE VAST MAJORITY OF DEBT WAS BEING HELD BY FOUNDER AND HE HAD NO INTENT ON DUMPING ON HIS BABY. UNLESS I MISREAD SOMETHING THATS NOT EXACTLY TRUE. IM NO EXPERT, BUT FINANCIALLY IT LOOKS TO ME LIKE THEY ARE IN DEBT UP TO THEIR NECK! DONT TAKE MY WORD FOR IT, LIKE I SAID IM NO EXPERT! GO THRU IT YOURSELF LINE BY LINE!
PRIOR TO 10K COMING OUT, I THOUGHT WE WERE IN LIKE FLINT! LOL
MISLED BY IR IMO, IM VACATING MY POSITION.
So I hope they come out soon with an earnings report to shareholders.
We need something big to push this. Although I also like 14% daily moves north.
Slinger Bag Exceeds International Order Forecasts, Seeing Increasing Momentum in Japan, Scandinavia, Switzerland, and the UK
FINALLY HIT DOLLAR CONSOLIDATING LOWER. GOT CHANCE TO ADD FEW MORE SHARES. WE GET THERE!
who freakin just unloaded. come on people.
TOOK A WHILE, BUT FINALLY GOT SOME BUYING HERE
yea this float is truly insane when real volume comes itll be exciting.
Can uplist Id imagine at some pt
I'm glad this is going up on low volume for now. Means not a lot of folks are aware yet. Can't wait til they arrive though. We will shoot vertically.
into the .90s now wants dollarland this has all the elements of being huge, low float and a product high demand
Slinger Bag Inc (PK) (SLBG)
0.7 ? 0.172 (32.58%)
Volume: 198,724 @08/14/20 3:56:03 PM EDT
Bid Ask Day's Range
0.4 1.01 0.529 - 0.85
SLBG Detailed Quote
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