News 
Market Data 
Discover
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.
Huge news tomorrow! $NXGB
New tweet. Something big coming tomorrow.
$NXGB Big day coming tomorrow. pic.twitter.com/nrszqIMBIp
— NxGen Brands https://www.madhousesupps.com (@NxGen_Brands) January 8, 2024
Huge news coming this week $NXGB
Great day here. Seeing this all over the place so I decided to do some DD. Looks good.
$NXGB Acquisition Closes Australian Deal, Increases 2024 Revenue Forecast
https://finance.yahoo.com/news/nxgen-brands-inc-acquisition-target-125200412.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFnq9nGUP7P3fb2WOOLkQB4HtA9jDqeJz8M7mhKzbDjPF8tLFPr7vcUv5yL99OlSCdDbJ3XGuBMSU8IREJDgLF4ATmPTsA4qwsFDX36bUzYMyx6T6NsjC63t9uJkX4mBacTdosXLkN-VWKCwJWlgwVaNbwpq20cS2Y7bg5BUCdpO
$NXGB ready to roll imho
$NXGB Major development..
https://money.cnn.com/quote/chart/chart.html?symb=NXGB
Joseph Lawanson, CEO of NxGen, stated, "The Australian market for supplements and nutrition is growing as the population ages and more people are exercising and are concerned with their fitness levels. Many Australians are thinking about the connection between exercise and health, especially as they get older and are turning to fitness as a lifestyle choice. This is a hot, and growing, market and one that we can also expand the Storm Lifestyles™ Brand into throughout 2024. The dietary supplement and nutrition sector is expanding its market and developing new products to take advantage of opportunities and we are right in the center of that with this new licensing deal signed. Once the acquisition is closed at some point over the next ten to fourteen days, this will be an additional c.$125,000 of revenue that hits our topline every quarter, simply for licensing our products into Australia."
$NXGB announces a second brand has been added to the LOI making the recent acquisition an increased revenue gain from the same deal terms.
These brands together look set to show un-audited revenues for 2023 exceeding $1.25m with a brand-new contract with the Pacific region contract coming online earlier this month which will see non-US revenues skyrocket in a region which traditionally out-sells other markets with similar demographics. Their own-brand protein is scheduled to come back on stream in Q1 meaning a significant bump in revenues, which the company estimates could be as high as a 25% increase in revenues now that protein market prices have stabilized internationally and consumers move back to their protein powder products buying habits.
Joseph Lawanson, CEO of NxGen, stated, "we believe that these two brands together could contribute in excess of $2m to our topline in 2024, with Storm adding a further $1.25m with targeted advertising spend. Such revenues, in real terms and in growth terms, have not been seen from NxGen previously and I am excited to be able to begin the journey of increasing shareholder value through 2024 and beyond. This is just the start of the journey."
NxGen recently announced that it had already completed on its first roll-up by acquiring 'Storm Lifestyle Brands' (www.stormlifestylebrands.com) which was launched in October 2021 to great fanfare at Olympia and has since gone from strength to strength with its Pre-Workout, Burn, Revive and Focus products. This new acquisition, the Company believes, will fit in to a different but equally fast-growing demographic and will, therefore, be a superb fit.
The company has already agreed with former officers to purchase and retire around 14m shares. A further 40 million shares issued to new CEO Joseph Lawanson are ineligible to have any restrictions removed until 2026. At the date of this release, only 5.6 million are currently held at DTC in the free trading float and the Issued Share Capital is 63,079,566.
https://finance.yahoo.com/news/nxgen-brands-inc-expands-position-125200941.html
$NXGB Strong buy Opportunity !
$NXGB Breaking News!! announces a second brand has been added to the LOI making the recent acquisition an increased revenue gain from the same deal terms.
These brands together look set to show un-audited revenues for 2023 exceeding $1.25m with a brand-new contract with the Pacific region contract coming online earlier this month which will see non-US revenues skyrocket in a region which traditionally out-sells other markets with similar demographics. Their own-brand protein is scheduled to come back on stream in Q1 meaning a significant bump in revenues, which the company estimates could be as high as a 25% increase in revenues now that protein market prices have stabilized internationally and consumers move back to their protein powder products buying habits.
Joseph Lawanson, CEO of NxGen, stated, "we believe that these two brands together could contribute in excess of $2m to our topline in 2024, with Storm adding a further $1.25m with targeted advertising spend. Such revenues, in real terms and in growth terms, have not been seen from NxGen previously and I am excited to be able to begin the journey of increasing shareholder value through 2024 and beyond. This is just the start of the journey."
NxGen recently announced that it had already completed on its first roll-up by acquiring 'Storm Lifestyle Brands' (www.stormlifestylebrands.com) which was launched in October 2021 to great fanfare at Olympia and has since gone from strength to strength with its Pre-Workout, Burn, Revive and Focus products. This new acquisition, the Company believes, will fit in to a different but equally fast-growing demographic and will, therefore, be a superb fit.
The company has already agreed with former officers to purchase and retire around 14m shares. A further 40 million shares issued to new CEO Joseph Lawanson are ineligible to have any restrictions removed until 2026. At the date of this release, only 5.6 million are currently held at DTC in the free trading float and the Issued Share Capital is 63,079,566.
https://finance.yahoo.com/news/nxgen-brands-inc-expands-position-125200941.html?soc_src=strm&soc_trk=tw
|
Followers
|
28
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4333
|
|
Created
|
11/17/16
|
Type
|
Free
|
| Moderators | |||
