ToughBuilt Industries Inc (TBLT)

[crudeoil24]

TBLT IS A GREAT $$$$$ OPPORTUNITY.

[crudeoil24]

Investors are forward looking while scooping up shares of TBLT.

[crudeoil24]

Yesterday the private shelf placement closed. Today is the big news . Perfect timing to PR the Ace Hardware news, after ending the dilution. Plus company is loaded with cash.

[Value_Investor]

Will $1.34 be the Real Bottom while $4.08 is forming a New bottom? The Top was $9.35 anyway.

[Pt3]

6.54 and what lol

[THEMASTERS_SON]

MORONS COULD HAVE PUT THIS OUT…DAYS-AGO!!!

[PStockPickz]

Squeeze!!

[crudeoil24]

6.54

[MMMQA]

Just 10K per store a year is 55 million.

[crudeoil24]

Revenues > $$$$$ > 5,500 individual Ace Hardware stores across the U.S.

[crudeoil24]

Definitely huge news today! > 5500 ACE HARDWARE STORES

[subslover]

That is BIG NEWS! Thanks for posting it.

[crudeoil24]

ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company has entered into an agreement with Ace Hardware USA and International (“Ace”) to sell 35 ToughBuilt products.
According to the terms of the agreement, Ace will distribute ToughBuilt’s products utilizing Ace’s 15 regional service centers to reach 5,500 individual Ace stores across the U.S. This agreement saw ToughBuilt’s products on Ace shelves starting in the second quarter of 2022. Among the 35 of the Company’s products that Ace will be selling are some of ToughBuilt’s most popular items, including: Tool Belts and Suspenders, Tool Belt Sets, Clip Tech Pouches, Clip Tech Accessories, Bags, Knee Pads, Sawhorses, and Cutting Tools.

Michael Panosian, ToughBuilt CEO, commented, “We are thrilled with the opportunity to expand our market coverage, while simultaneously driving revenue growth to a community-centric business like Ace. Our SKU expansion efforts continue to strengthen our presence in the U.S. and our agreement with Ace signifies another milestone step toward our overall product and sales channel expansion strategy. We look forward to further developing our cooperation with Ace into the future.”

[firefighter2830]

WTF!? How can there be more shares shorted than shares available and not raise any red flags? They now have enough money to keep moving forward for a while. Shorts will need to cover soon. What would happen if the company was bought out? The brokers should not be able to lend shares out unless they physically have possession of those shares which would be impossible in this case!

[CampHawkDG]

Thanks man!!

[timetomakemoney]

Yes, news after hour, the offering was concluded. The 4 million shares has been filled.

[CampHawkDG]

Anything??

[THEMASTERS_SON]

,,,,,,,NEWS TOMORROW

[Invest-in-America]

TBLT: This is one WEIRD play, that's for sure!! One of those 5-to-10 profit baggers for everybody in a mere circa 10-days of trading --- then it's all over but the proverbial 'crying, wailing, & gnashing of teeth' (Revelations, Chap. 6, Ver. 2).

[Value_Investor]

YAW, my friend! TBLT pulled back to $5.25 so far from $9.35! The Bottom was $1.34.

[THEMASTERS_SON]

PRIVATE PLACEMENT vs. PUBLIC OFFERING:

One is private investors
The other is PUBLIC offering

LET’S GO!!!!

[crudeoil24]

Top Reddit ShortSqueeze > TBLT

[crudeoil24]

Added a few 5.40's > mini $20M offering closes tomorrow.

[THEMASTERS_SON]

,,,,,,,KEEP POUNDING!!! We’ll see $10 soon!!!

[da_stock_analyst]

#TBLT ?? share offering! 192% short interest! Can it SQUEEZE again? new price targets

[crudeoil24]

TBLT loaded with cash + exponential REVENUE GROWTH.

[crudeoil24]

TBLT doing about $5M each quarter on Amazon > “The Company’s growth remains significant despite unfavorable market conditions. Our sales through Amazon continue to be a driving force for ToughBuilt’s overall revenue growth. We look forward to expanding upon our product portfolio and revenue success.”

[kairos]

picked a few 5.70 ...

[crudeoil24]

Only 4 million shares!

Added a few…private placement is better

[crudeoil24]

The private placement closes in 48 hours > this Wednesday.
ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced that it has entered into definitive agreements with institutional investors for the issuance and sale of 4,000,000 shares of common stock (or pre-funded warrants in lieu thereof) and preferred investment options to purchase up to 8,000,000 shares of common stock at an offering price of $5.00 per share (or pre-funded warrant) and accompanying preferred investment options, in a private placement priced at a premium to market under Nasdaq rules. Each share of common stock (or pre-funded warrant) was sold in the offering together with a series A preferred investment option to purchase one share of common stock that is exercisable immediately for a term of three years at an exercise price of $5.00 per share and a series B preferred investment option to purchase one share of common stock that is exercisable immediately for a term of two years at an exercise price of $5.00 per share. The private placement is expected to close on or about July 27, 2022, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

[THEMASTERS_SON]

,,,,,,,,,We’ve absorbed the morning idiot exodus….let’s send all shorts a Pair

[Invest-in-America]

O.K. THANKS for that! (Grab the Warrants, right now.)

[Value_Investor]

Very impressive quick bounce --- from the Bottom $1.34 to $9.35! That is almost 7-Bagger rally which is much much higher than its retail-peer's 5.2-Bagger rally --- from previous Bottom 0.0005 to most recent high 0.0026 (PBHG)!

[THEMASTERS_SON]

50M VOL…GETS A GREEN CLOSE…..LOAD

[THEMASTERS_SON]

More news: WEEEEEEEJuly 25, 2022 10:19 AM ET (BZ Newswire) -- Cryptocurrency
Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.

A squeeze can occur when short sellers are forced into buying to cover their position, which can cause shares to move up on many occasions.

Fintel Data, which requires a subscription, provides a look at several of the top shorted stocks and how likely a short squeeze is to occur. Here’s a look at the top five short squeeze candidates for the week of July 25.

ToughBuilt Industries: Home improvement and construction product company ToughBuilt Industries (NASDAQ:TBLT) tops the short squeeze leaderboard for the week. Data shows 132.1% of the float short and a cost to borrow of 248.9%. Shares of the company went from $3 to $9 last week and could see short interest continue to rise with the recent increase in the share price.

[THEMASTERS_SON]

Added a few…private placement is better

[Enviroman08]

This is why (with low float stocks) ...you take profit while you can...BUT I took way too early...made money but left alot on the table as well..I may get back in once this settles down.
Good luck to all!

[THEMASTERS_SON]

He let them off the hook

[THEMASTERS_SON]

What’s this CEO…gonna do with $20M???LOL

[mankind]

Hedge fund manipulation, led by our resident 9.99% holder. They travel in packs, like wild dogs. Wonder how many hired guns are on this board. I wonder if the company even realizes what's being done.

[maximumgriff]

It’s everywhere

[Exoves]

Where'd you see that?

[S3lfMade]

Ouch... $5 offering

[crudeoil24]

TBLT IS A GREAT $$$$$ OPPORTUNITY.

[crudeoil24]

ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company’s gross sales for the quarter ended June 30, 2022 through Amazon.com were $3.56 million. This represents a 20% increase from the same quarter in 2021. Sales for the first half of 2022 increased by 24% to approximately $7.01 million compared to $5.31 million for the first half of 2021.
Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “The Company’s growth remains significant despite unfavorable market conditions. Our sales through Amazon continue to be a driving force for ToughBuilt’s overall revenue growth. We look forward to expanding upon our product portfolio and revenue success.”

[THEMASTERS_SON]

,,,,,,,GOOD MORNING! LETS ROLL$&$$

[mankind]

Wouldn't a serial short seller want higher prices to increase their avg price of their short?

[mankind]

Latest 10Q, How can a company that's burning through an average of $4mm cash per month, survive with $0.937mm cash on the books?

[mankind]

Why does Intercoastal own 9.99% of TBLT?

[timetomakemoney]

good we are on the same page