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Choi, just tried to write you a post on PNN* board, some silly mod deleted it. Then I asked them they should redirect it to you as able Premium member (I´m not unfort.) because I today missed the "happy hour" for free PMs ... so far no reaction, so I try it here with the link below. Hope you´ll answer ... GN (00:38AM here in Europe). https://investorshub.advfn.com/boards/RequestReview.asp?msg_id=164834793
Nexus Energy Services, Inc. Executes Definitive Agreement with DRYWORLD
Press Release|08/17/2020
Nexus Energy Services, Inc. (OTC Pink:IBGR)(Doing business as Nexus or the "Company) is pleased to announce that it has entered into a Definitive Agreement dated August 14th, 2020 with DRYWORLD Brands LLC (DRYWORLD) of Santa Barbara, California, whereby the Company will acquire a 100% interest in DRYWORLD in exchange for preferred and common shares of the Company (The Transaction).
DRYWORLD
DRYWORLD is the Worlds Leading Independent Sports Brand. The team has more than 30 years collective experience in clothing and apparel specific to the athletic space along with 40 years of public markets expertise.
Business
DRYWORLD is engaged in the design, development, manufacturing and distribution of premium performance athletic apparel and gear. We are athletes who build innovative, purpose-driven products that give athletes of all levels a competitive edge, keeping them warm, dry and comfortable in adverse conditions. The company is a community-driven brand focused on people living a healthy, fitness-based lifestyle. DRYWORLD strives to strengthen and support the fitness community on a global basis. Our products are sold direct to consumers through our dedicated e-commerce platform, the Amazon Marketplace and experiential shopping. Initial product sales and distribution target North and South American, the U.K. and Euro zone marketplaces with the intent to expand further into other relevant territories.
Transaction Summary
Upon closing, the Company will issue 25 million common shares, and 850 series E preferred shares to DRYWORLD in exchange for 100% of the issued and outstanding shares and assets of DRYWORLD. The Transaction is not a non arms-length transaction under applicable securities rules. No deposit or advance has been made or is anticipated to be made by the Company to DRYWORLD in connection with the Transaction. The Company currently has 140,342,956 common shares issued and outstanding, as well as 10,000 series D preferred shares, which are being transferred from the current management to DRYWORLD. The Transaction is subject to a number of terms and conditions, including but not limited to receipt of all necessary Board, shareholder and any regulatory approvals.
Management and Board of Directors of the Resulting Issuer
Upon completion of the Transaction, it is expected that the board of directors of the Company will change under the direction of DRYWORLD. Initial board members are: Mr. Brian McKenzie, Mr. Matt Weingart, Mr. Barrett Evans and Mr. Ron Minsky. Additional board members will be proposed in due time.
A brief biography of the Board of Directors is provided below:
Brian McKenzie, Co-CEO and Director
Brian is a former international rep level rugby player. Originally from Scotland and now a Canadian citizen who has spent more than 20 years as an entrepreneur, holds a degree in engineering and has a broad range of expertize in finance, technology, real estate development and retail.
Matt Weingart, Co-CEO and Director
Matt is a former international Canadian rugby player who represented his country at three World Cup competitions. He has a Bachelor of Commerce degree, 19 years experience as an entrepreneur in the fashion and manufacturing space, a solid holistic business background and a deep understanding of all business operations.
Barrett Evans, CFO and Director
Barrett is a seasoned executive, investment banker, and fund manager with over 28 years of experience in corporate finance, private equity, IPOs and start-ups. He currently sits on a number of corporate boards and is a graduate of the University of California, Santa Barbara.
Ron Minsky, Director
Ron is a unique businessman with a storied career as former Deputy Attorney General for the State of New Jersey. Along with being an executive for Nexus Energy, he was also a Business Development Associate for a large private equity firm and several hedge funds. Ron has degrees in Accounting/International Business, an MBA in Finance/Marketing and holds Bar Admissions in New York, New Jersey, Washington D.C. and the Supreme Court of the United States.
Name and Ticker Symbol Change
Subject to receipt of any necessary shareholder, Board of Director and regulatory approvals, and subsequent to closing of the Transaction, the Company will change its name toDRYWORLD and change the ticker symbol to DRYW.
Management Statement
Brian McKenzie,Co-Founder and Co-CEO of DRYWORLD stated: Management has reached a significant milestone with DRYWORLD catapulting onto the public market. During the last decade our team has worked diligently to create a visceral, intuitive company with a signature lineup of products that is unparalleled in the global sports brand space. After extensive scientific testing we have the knowledge that no other products on the market can provide athletes the proven benefits that come from DRYWORLDs Signature line. We look forward to bringing our innovations forward as a public company and increasing shareholder value for all.
For information: Matt Weingart Co-Founder/Co-CEO DRYWORLD 1 (778)-784 7562 matt@thedryworld.com
www.thedryworld.com
ABOUT DRYWORLD BRANDS LLC. DRYWORLD is a performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. We build purpose-driven products that give athletes the edge. Engineered by athletes, proven by science.
Safe Harbor for Forward Looking Statements
This press release contains forward-looking statements and is subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current reasonable expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "should," "can have," "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.
The forward-looking statements contained in this press release are based on reasonable assumptions we have made in light of our industry experience, perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect or change, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.
Any forward-looking statement made by us in this press release speaks only as of the date of this press release. Factors or events that could cause our actual operating and financial performance to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
In IBGR. An Under Armour like company is coming in. Shares are hard to get. Potential here is absolutely massive.
Share Structure Market Cap Market Cap 968,366 08/11/2020 Authorized Shares 345,000,000 07/31/2020 Outstanding Shares 140,342,956 07/31/2020 Restricted 8,523,343 07/31/2020 Unrestricted 131,819,613 07/31/2020 Held at DTC Not Available Float 131,819,613 11/01/2018
Choi, I got your e-mail alert, I've been in FUNN and holding it reminds me of PSPW back in the day when I bailed right b4 the run-up...I'm not making the same mistake twice with FUNN...your e-mail alert yesterday didn't mention the ticker...
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The CEO spun off the auto body repair training portion of the company, kept it for himself and handed the shell to the Chinese company via a deal that gave the Chinese 180M shares. I BELIEVE there are about 24M shares left out there somewhere.
I came across MLGT while flipping DOLV this week, a company that got hot in regard to a similar Reverse with a Chinese battery maker. DOLV has 1B+ shares outstanding.
MLGT got some action in the last two days, but the small group of current shareholders do not have a clue how to let other investors know what is what. MLGT closed DOWN today
In conclusion, I think MLGT could get super hot next week and looks totally legitimate in regard to the deal
So, maybe next week the Chinese put out a News Release that says lowly MLGT is no longer an auto-body repair training company......MLGT is now the Chinese SnapChat
The Ask at .177 was taken out. Only 10,300 left at .018 now. This company has a 3 P/E ration, and over $300,000 cash and over $300,000 profits per year. And the Float appears to be just about gone.
My guess it is BWMG, hence why posting on this board. Will give particulars on it. Please post about a tinier Float USA,Profitable,Fully Reporting Stock if you know of one.
BWMG: Yahoo says official Float is 26.83 million shares https://ca.finance.yahoo.com/q/ks?s=BWMG Right now it is .0165 so that is $442,695 Float for a company with $2 million in sales, that is over 40 years old and world famous in diving industry, has over $300,000 cash and over $300,000 profits per year, a 3 P/E stock.
Anyone know of a smaller float for profitable fully reporting USA stock? Please post I will be interested to say least.
Merciernole 11/30/16 04:51:20 PM Post #12369 I own 521,000 shares of BWMG
3.2 mat23
Between my son and I, there are 3.2 mill bman
Well I know where another 8.4 mil is...sitting TCarlson
GeoDan and folks who have told him off this board have BWMG shares, now have 9.5 million (200K more today)
1.2 and trying to add , Holding all Long...eom yankee2 11/29/16 02:31:00 PM #12345 400,000 shares. With order in at .01 for 100,000. tsoprano-1 11/29/16 02:09:23 PM #12344 3.2M Shortnlongs 11/29/16 12:14:39 PM #12343 I own 100k shares at 0,0049 Italia
so .521 +2.3 +3.2 +8.4 +9.5 +1.2 +.4 +3.2 +.1 = 28.821 million long term holders, or 100%+ of the float is out of circulation until .03 on stock!! Just reports from 10 people = all the Float?
Maybe some of people in this 28.821 million are counted as insiders, that could be as over 5% holders get counted as insiders.
Love to hear of any other stock that is profitable and fully reporting that can compare to BWMG's tiny Float.
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