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Big buys coming in, got to be news coming
Yes for sure, we need some more good news.
Reducing shares certainly helped.
YR ago w/364M OS CBMJ was trading at higher price ($.05 -.07)
NOW w/359.4M OS this can do better imo.
Turning Bullish After Stock Price Correction
CBMJ Retires 59.76 Million Shares and Sells Its E-commerce Company for $1,247,000, Improving Profitability While Lowering Operating Costs
With the share reduction, the Issued and Outstanding share count have been reduced to 359.4M including a float of 92.7M
As of August 23, 2021, the number of shares outstanding of our Common Stock was: 364,872,720 shares
Looks like shedding the retail and reducing shares has helped. Getting some luvin' last few sessions...
What news is coming?
$CBMJ - With the share reduction, the Issued and Outstanding share count has been reduced to 359.4M including a float of 92.7M.”
CBMJ Sells E-Commerce Business for $1,247,000 and Retires 59.76 Million Shares; Increases Profitability While Reducing Operating Expenses
https://stockhouse.com/news/press-releases/2022/07/11/cbmj-sells-e-commerce-business-for-1-247-000-and-retires-59-76-million-shares
POWDER SPRINGS, GA, July 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire --Conservative Broadcast Media & Journalism “CBMJ” (OTC:CBMJ) announces the closing of an Asset Sale of its E-Commerce business for $1.247M to Stonewall Enterprises, Inc. a Nevada Corporation.
The transaction is valued at $1,247,000 including $120,000 in cash, $380,000 in notes and installment payments over the next two years, along with the transfer of certain liabilities. In addition, 59,760,000 shares of stock valued at $747,000 previously owned by former DeDonato President and current Stonewall Enterprises CEO Brandon Vallorani which will be returned to treasury.
The e-commerce business sold had previously been consolidated and operates primarily through the website www.patriotdepot.com and other feeder websites and customer lists. Patriot Depot is an online retailer that distributes and sells Conservative and Christian themed supplies, apparel, pins, flags, patriotic gifts, glasses, novelties, books, DVDs and more. Patriot Depot was acquired by CBMJ mid-2021. Also included in the sale was a brick-and-mortar coffee shop in Hiram, GA, and e-commerce website www.thrashercoffee.com/ .
The company will retain its flagship news website www.flagandcross.com along with its client services business, data base management including email list rentals, web development, and consulting businesses.
Commenting on the transaction, CBMJ CEO Mark Schaftlein stated the following: "We are very pleased with consummating this transaction. Exiting the retail sales e-commerce business will allow us to focus our efforts toward higher margin business in media, web hosting, web development, and data base management. It also positions the company to significantly reduce operating expenses and move toward positive cash flow businesses. With the share reduction, the Issued and Outstanding share count has been reduced to 359.4M including a float of 92.7M.”
In two smaller transactions last month, the company sold its cigar business Vallorini Cigars ww.valloranicigars.com and the domain http://constitution.com/ .
About DeDonato Enterprises : DeDonato Enterprises, L.L.C. is a Digital Media Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience along with its client services business, data base management including email list rentals, web development, and consulting businesses. DeDonato was acquired by CBMJ in October of 2020.
About CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital Media Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience. CBMJ owns an active database of over 20 million email subscribers, and publishes the marquis monetized political/news website www.flagandcross.com . CBMJ also distributes the increasingly popular TV, radio, and social media segment "The Schaftlein Report" hosted by economic analyst, political commentator Mark Schaftlein. https://schaftleinreport.com/ .
Forward-Looking Statements: This release contains 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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially.
Conservative Broadcast Media & Journalism
Mark Schaftlein
877-704-6773
I don’t understand why, we need news
Looks like sub penny is about to happen. Frikkin disaster. This is a good company.
Nice volume today, Why?
We NEED NEWS
Me too.
It's got to go above $0.032 for me to break even. I do think that's possible.
Same here on the loss side but haven't bought any additional.
I have lost a TON of money on this stock. But keep buying when it goes down, hoping to minimize my losses. Here's hoping this stock has better days ahead.
Some interesting buys going on, let’s hope
Looking like a fire sale. Dang. Was hoping there would be more volume on the buy side. But, someone is willing to buy it.
Good deal and that's good to see some legit and decent buying happening. I never thought this would be down here. This company makes money. Strange world, the OTC.
It was 600k, looks as though it partially filled
There was a 455,000 ask in this afternoon. I don't remember the exact price but it was .01# something.
Very interesting.
Selling seems to be due to boredom. Stagnate pennies get boring and folks move on.
Any real interest will move this one up quickly. Just need some news or reason to get excited about it.
$CBMJ>>>buying more at this level
https://schrts.co/bEpAESWy
Meh... might be best to figure out and focus on their core competency. Is it cigars, or coffee, or talk radio, or MAGA stuff? Seems like they are chasing and marketing too many things. Hope it works out for them as I still have a few shares.
$CBMJ Annual Report
https://www.otcmarkets.com/otcapi/company/financial-report/326016/content
$CBMJ Raises $230K for Internal Operations; Super Store Patriot Depot Consolidates Multiple E-Commerce Stores
https://www.globenewswire.com/news-release/2022/03/16/2404368/0/en/CBMJ-Raises-230K-for-Internal-Operations-Super-Store-Patriot-Depot-Consolidates-Multiple-E-Commerce-Stores.html
POWDER SPRINGS, GA, March 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Conservative Broadcast Media & Journalism “CBMJ” (OTC:CBMJ) announces an additional capital raise of $230K in Q-1 of 2022. The proceeds were used to complete the transition from hosting multiple e-commerce stores into a single Super Store known as www.patriotdepot.com
"Consolidating the various businesses into one store should lead to additional efficiencies in product distribution and shipping,” stated CEO Ford Jordan.
CBMJ expects to report full year 2021 results when it files its annual report on or around 3-31-22.
Amazing how less than $5k can lower total market cap by 10%.
No updates = no interest
Would be nice to get some mid-qtr updates with plans for future, how biz is executing, upcoming show features, etc.
Otherwise, folks lose interest and move on.
So basically it's the perfect time to buy for patient investors
Not right now in this climate
Just do not understand why peeps are bailing on this stock. Makes no sense.
rally begins shortly!Trump-linked Digital World's shares surge after Truth Social app launch
4:38 AM PST
Last Updated 23 min ago
We should get attention today
Trump's TRUTH Social platform hits Apple's App Store
https://seekingalpha.com/news/3802218-trumps-truth-social-platform-hits-apples-app-store
TRUTH Social, a new social media venture from former President Donald Trump, officially launched late Sunday in Apple's App Store. While some users reported having trouble registering for an account or were added to a waitlist, for others that pre-ordered the app, it was automatically downloaded to their Apple devices. Trump is marketing the platform as an alternative to social media giants Twitter (NYSE:TWTR), Facebook (NASDAQ:FB) and YouTube (GOOG, GOOGL), which banned him on the grounds of inciting the U.S. Capitol riot on Jan. 6, 2021.
Quote: "Our goal is, I think we're going to hit it, I think by the by the end of March we're going to be fully operational at least within the United States," said former Republican U.S. Representative Devin Nunes, who is CEO of the Trump Media & Technology Group (TMTG).
While it's unclear how the company is currently being funded, TMTG is planning to list in New York through a merger with SPAC Digital World Acquisition Corp. (NASDAQ:DWAC). Following the deal, it will receive $293M in cash that DWAC holds in a trust, minus any shareholder redemptions. In December, TMTG also raised $1B of committed financing from private investors, which will be available once the DWAC transaction closes.
Outlook: Hoping to attract users who feel their views are being censored on "mainstream media," an increasing number of tech companies have recently launched alternative platforms that champion themselves as defenders of free speech. Among them are Twitter competitors Parler and Gettr (launched by former Trump spokesperson Jason Miller), as well as video site Rumble (NASDAQ:CFVI). So far, the platforms have not yet matched the popularity of their established counterparts, and many influencers that have migrated to them still continue to post on traditional social media like Instagram and Twitter.
As part of a partnership inked in December, Rumble will deliver video and streaming for TRUTH Social.
DWAC After Hours: (6:45 AM EST) Last |
105.20
quote price arrow up+20.88 (+24.76%)
annual rev grow over 600%
from $710K in 2020 to $4.44M in 2021
quote from ANNUAL REPORT For the Period Ending December 31, 2020
For the year ended December 31, 2020, we generated $710,805 in revenues
1.5 million bid at 0.035, interesting
$CBMJ CBMJ Grows Q-4 Revenue by 68% Quarter over Quarter and Annual Revenues Grow 82% Year over Year in 2021
Press Release | 01/13/2022
Powder Springs, GA, Jan. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- CBMJ Inc. (OTC:CBMJ) Conservative Broadcast Media & Journalism Announced that Quarter over Quarter Revenue increased by 68% from $785K in 2020 to $1.32M in Q-4 of 2021.
The Company’s full year revenue came in at $4.44M which is an 82% increase over 2020 revenue of $2.43M.
Product sales through e-commerce including Flag & Cross, Patriot Depot, Coffee and Cigar Sales accounted for 75% of total sales. The other 25% came from Consulting Services, Database Email sales and rentals and Media Services.
"One of our goals in 2021 was to drive Revenue which was accomplished with organic growth along with the acquisition of Patriot Depot in June 2021. Although sales were strong, we did not achieve our net income goals in 2021 due to inventory adjustments, added shipping costs, advertising censorship from big tech and managing the integration of the two businesses. With the hiring of Hanford Jordan as CEO of CBMJ’s subsidiaries DeDonato Enterprises/Patriot Depot, which was announced yesterday, we expect to rectify those issues and achieve both sales and earnings goals in 2022. The goal in 2022 is to achieve 10% earnings bottom line as a percentage of sales," stated CBMJ’s CEO Mark Schaftlein.
Correction: Yesterday’s press release from CBMJ announcing Hanford Jordan as being hired as CEO of its subsidiaries DeDonato Enterprises/Patriot Depot stated in error that prior he had been an auditor with “KPMC”. Is should have stated that prior he had been an auditor with “KPMG” International Limited, a British-Dutch multinational professional services network, and one of the Big Four accounting organizations.
About DeDonato Enterprises: DeDonato Enterprises, L.L.C. is a Digital Marketing Agency based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience. DeDonato was acquired by CBMJ in October of 2020.
About Patriot Depot: Patriot Depot is an online retailer that distributes and sells Conservative and Christian themed supplies, apparel, pins, flags, patriotic gifts, glasses, novelties, books, DVDs and more. Patriot Depot was acquired by CBMJ mid-2021.
About CBMJ: (CBMJ) Conservative Broadcast Media and Journalism is a Digital Marketing Company based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience. Among other assets, CBMJ operates numerous social media accounts across several platforms with over 2 million followers, owns an active database of over 20 million opt-in email subscribers, and publishes a network of 47 monetized political/news websites generating 10 million page views per month. Some of the marquis sites include www.flagandcross.com , www.patriotdepot.com and www.militarygradecoffee.com. The Company also maintains one of the largest collections of historical documents on the web at http://constitution.com/ .
In addition, CBMJ operates a brick-and-mortar coffee shop in Hiram, GA, and e-commerce websites including www.thrashercoffee.com/ , www.valloranicigars.com , and an e-commerce portal at their primary site www.store.flagandcross.com/ . CBMJ now also distributes the increasingly popular TV, radio, and social media segment "The Schaftlein Report" hosted by economic analyst, political commentator, and CBMJ’s CEO Mark Schaftlein. https://schaftleinreport.com/
Forward-Looking Statements: This release contains 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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com . These risks and uncertainties could cause the company's actual results to differ materially.
Mark Schaftlein
877-704-6773