Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Bro, don't waste your money! You're better off buying almost any .0001 OTC stock and making money than buying IBGR.
Let's not and just say we did ... just like the audit.
Of course not. There will never be an audit here, the whole ruse would be exposed.
I don't believe anything they say so I hope they prove me wrong. But will they?
I believe it will happen. But they have to deliver, that’s the only thing that matters. Imo
Looking back at my notes, I see that Matt and Brian were pushing the idea the audit and ticker change would happen by the end of 2024. That was in October. Anyone holding their breath in the belief that it will really happen this time?
That's what happens when you take on toxic debt - it's a death spiral in OTC. Any attempts of share price recovering being killed by debt conversions. It's astounding how badly they have handled this - it seems like they made every mistake there was to make. Allowing Barrett to run the company was a nail in the coffin and now they will have an uphill battle to get themselves out of it. Then again, not sure they want to as they have showed that shareholders are not at their best interest.
*sigh* Any sign of strength invariably triggers a sell-off in response.
Check out their X (Twitter) response to the question. It’s still their goal to get done in 2024.
There was nothing to miss. They lied about the audit again. They do that every year. Speaking of which, it's been just over a year now since the last audit announcement. So we're due for another one about now. Wash, rinse, repeat.
Was there movement on the audit front? Did I miss something?
Nothing matters and the stock is going nowhere until the audit is complete. It is the first domino that needs to fall to begin a chain reaction of good things. Audit->SEC reporting->Access to Financing (besides Notes)->FINRA Ticker Change->OTCQB membership->Larger Contracts where we can afford to take them on.
I've noticed that the O/S count is no longer being updated on OTC markets on a daily basis.
I have never trusted them. It's been a con from jump.
It would not be the first time they've used the same ruse. Which is why I don't trust them.
Thank you for your honesty, and you proved my point. People look things how they best handle the situation. Everyone invested in this stock could say “about F@$&ing time”, but what does that do? Anyway, you proved the point I was making…if you want to find a reason to attack the company it will happen. I personally think audit and SEC reporting is important to the company. Either way, I don’t know why or what caused the delay, but I will chose to say sweet, the audit is done and let’s get the party started. But that’s me. Good luck to you.
I agree, Dryworld addressing it directly on Twitter is a first. The other times they mention the audit being completed was in updates and it came across as their “intention” to get it done in the estimated timeframe. This time I believe that it is either done or so close to being done and submitted to the SEC that they feel confident coming out with a more specific timeframe. JMHO
As I’ve stated many times, my opinion is that this time is different and the CPA firm confirmed the PR put out about them being engaged to complete the audit was legit. I guess we will see.
So let me ask you…when/if the audit does get released what will you say?
Matt and Brian have long since exhausted their credibility especially when it comes to claiming the ticker is getting changed and an audit will be completed. As we all know, that song and dance has been playing for 4+ years.
I believe it happens and those who said it would never happen or put them down will still find something to attack them. IMO.
Next week marks the 1 year anniversary since the latest reincarnation of an alleged audit. It's always just around the corner. Been that way for 4 years now. It's also been 10 months since the "imminent" team deal announcement. So there's little reason to take any of their posts seriously.
Sounds like the company is saying on Twitter the audit will get done (almost done) in 2024. Looking forward to hear all the reasons why it would never happen but did. lol
Seems like it which means zero revenue or maybe $20-50 lol
Based on the article announcing the deal with these 2 events, it would be for those attending…so it makes me believe it’s only available at the event right now, but not positive.
https://endurance.biz/2024/industry-news/dryworld-in-compression-apparel-tie-up-with-spartan-race/
Spartan is well known but tell me where we can buy this compression. Can anyone buy it? I don’t see it anywhere.
It can be a greater impact if they expand the deal into other events with spartan. Like you said, time will tell.
The only way this will make any real money is if they sign a team and are able to do kit sales. Unfortunately, Matt and Brian have a terrible reputation in that arena. They are managing to get small contracts with highly specialized sporting events. But those aren't going to result in significant merchandising sales. I would think their best option is to find an established online retailer willing to carry their products as catalog sales -- preferably one that's not going to go bankrupt a month after signing this time around.
Spartan is well known, SLT is not. This should have a much greater impact for Dryworld.
Time will tell...
They had exposure from SLT too - they said millions in exposure volume but somehow it didn’t do anything.
I was looking at the logos going by, not the two monkeys running.
That’s the first time I’ve seen any real company exposure, cool.
Spartan instagram: https://www.instagram.com/reel/DBBWZ1HuM4u/?igsh=bmc1djF3bnE1ZTZr</span>
New Spartan/Dryworld Wear is actually incredible!