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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.
You should check out BHGI. Plenty of DD - their IR is the IR firm of big companies that won't take most penny companies. Acquisitions galore and about to become the Berkshire Hathaway of Mexico. Also came off the grey sheets; name a stock that has done that! Anything under .50 is a steal! Super low float!
***KEYO*** Do not buy before researching it yourself but read the following & if interested perform your DD,,,,
Dr. Patrick Soon Shiong is a multi billionaire.
He became a billionaire by doing a reverse merger.
He owns KEYO & went through the process of making it a clean shell.
He hasn't sold KEYO nor is he shopping it.
He owns NANTWorks & 9 NANT companies.
He's stated he's "going public"
Nothing but buys this morning. KEYO is @ .1199 a share March 27th. 2015
**KEYO** UP 4,696.00% OFF 52 WEEK LOWS ON STRENGTH OF A SOLID 10 MONTH UP TREND, & HEADED HIGHER.
This stock is under continuous AGRESSIVE accumulation. Whenevr there's a correction it comes back like gangbusters!
COULD BE TRADING @ $50 TO $60 A SHARE BY END OF THE YEAR!
Also you might want to read,,,
The following was written by "ChaCha Girl",,,
Here is the real deal.
Dr. Patrick Soon-Shiong and his wife Michelle signed The Bill and Melinda Gates Foundation Giving Pledge in August 2010. The Giving Pledge is an effort to help address society’s most pressing problems by inviting the world’s wealthiest individuals and families to commit to giving more than half of their wealth to philanthropy or charitable causes either during their lifetime or in their will. The Giving Pledge is specifically focused on billionaires or those who would be billionaires if not for their giving. By signing this pledge, they join ranks with founders Bill and Melinda Gates and Warren Buffett, Michael Bloomberg, Richard & Joan Branson, Paul Allen, Larry Ellison, Barron Hilton, Jean and Irwin Jacobs, T. Boone Pickens, Mark Zuckerberg, Sergey Bring, Larry Page, Jeff Bezos and many other notable billionaires.
After selling his companies for billions and only one year after signing the Giving Pledge, the Good Doctor founded Nantworks, LLC in September 2011. Nantworks is the parent company to 9 other subsidiary companies. In the last 3+ years, the Nantworks families of companies have received hundreds of millions of dollars of investment from companies such as Blackstone ($125M), Celegene ($100M), Kuwaiti National Authority ($250M), Verizon (unspecified) and Blackberry (unspecified). Why? The Good Doctor has found the path for treating cancer and treating childhood disease using genomic sequencing. The Forbes valuation of the Nantworks ecosystem of companies is $7.7B.
Why would one of the richest men of the world (who ranks by Forbes as the 96th wealthiest man in the world) set up his parent company Nantworks as an LLC or Limited Liability Company? This tax structure is a pass-through entity and that type of corporate structure can NOT be taken public via IPO. If the Good Doctor ever wanted to do an IPO of Nantworks, he would need to switch his company over to a corporation which is a taxable event and then do an IPO. The taxes on a conversation of a group of companies valued at $7.7B (according to Forbes) is a ridiculously expensive taxable event. Conversions don’t make any financial sense when the valuation is this high. I mean seriously, anyone who is friends with Warren Buffet and some of the other richest billionaires wouldn’t make a mistake a set up an LLC which upon conversion would cost billions in taxes now would they?
Heck no. So it begs the question. Why was Nantworks set up as an LLC? enter Keyon Communications (KEYO). This company was owned by the Good Doctor, liquidated and shut down in 2011. There are NO operations at this company whatsoever. The company failed. With that said, KEYO continues to trade on the OTC board on a daily basis. In fact, PSS owns 79.2% of all shares and the remaining 20% trades freely on the exchange. Why keep the company actively trading for 3 years? It’s simple. He wants to keep it active because he can use the clean shell for a reverse merger. I have seen zero efforts on behalf of the Good Doctor to rebuild Keyon Communications. The DD on this board shows that he purchased the assets and they are part of his National Lambda Rail. And every morning for the last three years, this stock has been actively traded on the OTC exchange. It’s a perfectly clean shell that can be used for a reverse merger. He knows this is a good financial tool for him because he has reverse merged companies in the past. The fact is that LLC’s can be reverse merged into clean empty shells and be classified by the IRS as a reorganization and a non-taxable event.
Dr. Patrick Soon-Shiong views it as silly to be termed the wealthiest doctor in the world. He prefers a low profile which is why most people have never even heard of him. Who is that man who hugs Kobe Bryant before each game? It is part-owner of the Lakers Dr. Patrick Soon-Shiong. He has received negative press in the past from doing an IPO and generating (gasp!) wealth. This pains him. But let’s be honest – a doctor making money can be easily characterized as a boogeyman. Who makes money off of sick people anyway? Anyone who understands the essence of Dr. Patrick Soon-Shiong realizes that of course he has a bit of an ego. He is one of the preeminent surgeons in the world. He is building an amazing compound in the heart of Beverly Hills. But let’s get real. He earned it. He is an uber genius. His accomplishments are crystal clear. He has saved many lives and has been a healer for the human race. He is not only a doctor and one of the world’s most revered surgeons but he is also an entrepreneur, scientist, engineer and humanitarian.
The Good Doctor has also stated publically that he will be taking Nanthealth public in 2015 but he has never said by IPO. At the 2014 Forbes Healthcare Summit, he told Steve Forbes that they will be “going public” in 2015. Steve Forbes was so excited he could hardly contain himself. The “going public” announcement was the headline event at the conference. Watch the video. Forbes got the exclusive.
So here we are in early March 2015. We are almost at the end of the first quarter 2015 and still there is no IPO roadshow. No pre-IPO filings. The Good Doctor is busy traveling to international and domestic cities continuing to build out his vision of bringing a paradigm shift in healthcare to all people of the world. His conferences, press-releases and social media are all focused on telling the story. He is his own roadshow. If he was going public, we would see all kinds of investment banking related activity. There is none. Radio silence. Stealth mode. I wonder what those Healthcare Analysts are thinking?
The KEYO longs recognize the potential for this transaction to take place. We have accumulated and are holding strong. We are the float.
One of the nuns that the Good Doctor knew when he was a young child told him if there is no money there is no mission. If you want to create a paradigm shift in health care and bring cancer treatment to the people you need the financial vehicles to do so. No money, no mission. Create money and finance your mission. Do you know what NANT stands for? He who speaks for the people. He is speaking for all of us who have lost loved ones to cancer. We all have family and friends affected by genetic childhood disease?.
Ground control to PSS… $KEYO is ready when you are. 5…4….3…2...
That steam I see over the ocean is The Good Doctor boiling the ocean...
Total pharmacy revenues for the three months ended September 30, 2014 and 2013 were approximately $2,864,273 (98%) and $2,146,585 (92%), respectively, and nine months ended September 30, 2014 and 2013 were approximately $8,109,079 (97%) and $6,00,189 (90%), respectively
Reason why pps is at .0016, company is unknown, no bid support and has one note. When they were active pps was .40, then they did not file for one year and pps was down to .06. With 2m shares down from .06 to .002. Share structure was similar when pps was .40-.50.
(F) Note Payable Other – collateralized September 30, 14 On July 30, 2014 the Company entered into an agreement with Tarpon Bay Partners LLC, (“Tarpon”) for the purchase of $1,826,005 in past due debt and accounts payable from the company for the purposes of executing a 3(a)(10) Transaction that would alleviate the Company’s debt burden. Certain vendors agreed to the purchase of their debt by Tarpon Bay, including TCA. The agreement calls for periodic tranches of free trading unrestricted shares be transferred to Tarpon who will then sell the shares to satisfy the debt and obligations.
18 The number of shares transferred at any time will be calculated such that at no time does Tarpon have more than 9.9% of the outstanding shares so as not to have controlling interest in the Company. The agreement also calls for $100,000 fee to be paid in stock in 5, $20,000 increments and included in the first 5 tranches of shares transferred to Tarpon. On August 25, 2014 the Settlement Agreement between the Company and Tarpon Bay was signed by all parties. On September 3, 2014 an Amended Order Granting Approval of Settlement Agreement and Stipulation was approved by the courts with the he first transfer of shares to Tarpon Bay Partners, LLC completed on October 1, 2014. Tarpon began selling its shares to satisfy the creditors on October 28, 2014.
As there agreement does not give a set number of shares, pricing per share and a time frame for transfers, the Company is required to calculate a Derivate Liability on a periodic basis. The company has estimated a 3 year time frame and based on the current share pricing at September 30, 2014, the Black Scholes calculations estimate that the underlying shares in embedded conversion option would be approximately 30,433,419 shares with a total fair value of $1,661,731. As of September 30, 2014 the company recorded interest expense and derivative liability of $149,426 to reflect the difference between the total obligations and the Black Scholes fair value.
On an ongoing basis, the Company will evaluate and disclose the effect of these transfer of shares to Tarpon in consideration of the debt obligations has on the dilution of value to the current shareholders. As of September 30, 2014 there was no effect as the Company had not transferred any shares as of this date.
On October 1, 2014, the Company issued 3,408,000 shares to Tarpon in consideration of the first tranche of shares per the September 3 court approved Settlement Agreement – 3(a)(10) Transaction. On October 28, 2014, Tarpon began to sell its shares to satisfy the debtors as per the September 3, 2014 court approved Settlement Agreement and 3(a)(10) Transaction.
The total number of shares issued and outstanding as November 10, 2014 was 36,114,344 shares
Playing DSCR is like playin' "Who wants to win an Ounce? "
First Question: Where should you set your sell price?
A) Get the F off the ask n let her run! B) Aim for copper and silver land ($.01-.25s) C) Settle for a price of a peanut D) I like to buy a vowel for $300?
* Call your dealer...not broker & ask for help? * Flip a coin & then settle for 50/50? * Ask DSCR audience?
MMMW has less than 50 million shares issued and outstanding, very little debt, no toxic debt, and a market cap of less than $1 million. MMMW. Solar tracker is ready to ramp up sales with a goal to earn profits quickly.
Big Note:People in the past here have literally turned their position into millions of dollars. For many others, hundreds of thousands of dollars. This is
100% true, and the big plays are out there, just take a look at this boardfor yourself. We called PSPW here at .10, and if one invested 10k, they've could've made$249,000.
Also our best pick yet, GTGP was alerted at 2 cents and if one invested 10k at that time, the return on his/her invesment would've been as high as$645,000.
The 2 simple and necessary elements to float plays are research and collaberation. Eventually, there will always be that one where everyone score. Here at Float 2 Riches, we
plan on finding more. Good Luck and God Speed.
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