ToughBuilt Industries Inc (TBLT)

[Little Feat]

You failed to mention how humble you are.

[John_Vallay]

I do admit I have a great deal of time. Truth is I have disposable and wasted time available to me.

I am a retired financial advisor and currently spend about 3 hours a day investing - researching, giving opinions publicly, trading and speaking to 200+ former clients about certain deals that we as a group can invest in and also as individuals.

I am married with children and accumulated enough money to waste time if and when I want to. I do take vacations and spend a great deal of time with my children so my time on public markets and investorshub.com do not interfere with my personal life.

I do enjoy the public markets because with discipline and a cerebral approach I make money through long term investing and 3-5 day short term trading in and out of stocks that includes trading on news, financial releases and timing such as taking a short position in companies that have lock up period expirations.

[StockLogistics]

Chart says something good can happen near term Ukraine reconstruction contract has to go to some company why doesn’t the FED invest in TBLT today and then give them the contract then sell at 1000 a share.

[Little Feat]

You have way too much time on your hands if you pontificate so much to someone who cares so little. Smh.

[John_Vallay]

Not easy to short. Very hard to impossible because of the low float.

This has disaster written all over it because the low float today is going to get worse when they do a reverse split to maintain their $1 stock price for Nasdaq.

Because of shareholder equity and a few other numbers that a company must meet to remain on nasdaq, TBLT may not be able to do a reverse split. I do not know all the details and specifics but the company may get delisted and trade on OTC within 180 days after they get notified by Nasdaq.

Nasdaq has minimum requirements, other than the $1 stock price, that all public companies must meet and adhere to.

I always thought Toughbuilt would be acquired but my theory has changed because TBLT CEO is not going to get anything from the sale because he only owns 2% of the company.

It would probably behoove him to keep the company and get his salary.

Since he will not be able to raise more capital as a OTC company I am guessing he will slow the revenue growth and get to a point that they will just have flat numbers but be able to pay salaries.

If he runs up the debt due to lack of financing options he can always run the company for as long as possible, file for bankruptcy and then maybe try to sell the company and as part of the deal he can get an employment contract with whomever acquires the company, but if that were to happen Michael would not be getting salary and bonus that add up to $1 million a year. He would take a major hair cut.

[Little Feat]

I guess you should short it then.

[John_Vallay]

I find it very funny that the CEO used the word fervently in his comments paragraph.
That shows me that he is trying to show he is smarter than everyone else. How many times a day does he use that word?

Terrible word to use.
As for the stock - it will continue to decline because there will probably be a private placement at a cheap price and then a reverse split to stay on the nasdaq.

At the end of December they only had $2.5 million in cash and their burn rate is going to eat up that cash in months.

More capital raise means more dilution means lower stock price means the ceo is happy with his $635,000 salary plus his bonus. Stock means nothing to him because he only owns 303,102 shares. That is 2% of the company.

He can care less about the stock as long as salary and bonus keeps coming in.

All this is being done on the back of retail investors buying the shares on the open market.

[StockLogistics]

“KYIV, March 23, 2023—A new joint assessment released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations, estimates that the cost of reconstruction and recovery in Ukraine has grown to US $411 billion (equivalent of €383 billion).”

TBLT 20 billion dollar tool contract for Ukraine, 20 billion market cap overnight, which completes 5 year cup and handle pattern at 1333.33 per share in biggest squeeze in history. Other companies, including telecom, energy and construction firms will get contracts as well, most likely. Need tools to rebuild infrastructure, Hurricane season is also approaching.

https://toughbuilt.com/product

[StockLogistics]

“KYIV, March 23, 2023—A new joint assessment released today by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations, estimates that the cost of reconstruction and recovery in Ukraine has grown to US $411 billion (equivalent of €383 billion).”

TBLT 20 billion dollar tool contract for Ukraine, 20 billion market cap overnight, which completes 5 year cup and handle pattern at 1333.33 per share in biggest squeeze in history. Other companies, including telecom, energy and construction firms will get contracts as well, most likely. Need tools to rebuild infrastructure, Hurricane season is also approaching.

https://toughbuilt.com/product

[Little Feat]

It sort of proves humanity is doomed. There's no ability for open minded thinking on those boards.

[MisterBrown]

I agree with everything you wrote and then some but it was never $230.00 you had the two reverse splits, the 1:150 last year and the 1:10 like 14 months before that. I see so many posts on places like WeBull saying “this is a 5 bagger in a couple of years! “ and if you say anything otherwise…you’re a “short trying to spread FUD.” It’s hilarious how stupid the people are on that forum, check it out for a laugh..but don’t say anything other than what a bad ass investment TBLT is or they’ll jump all over and laugh at you as if you’re the dumb one for NOT investing in TBLT.

[Value_Investor]

TBLT is heading onto $1.34 now... I wish "No Bankruptcy" in the coming days/weeks!

[John_Vallay]

Why would they file bankruptcy if they can raise cash through equity dilution.

if they were to file bankruptcy their shares would be cancelled and they would not have the ability to raise capital.

You only file bankruptcy for 1 of 2 reasons:
1 - you can't raise capital
they can raise capital through dilution
or
2 - You can not repay your debt
They only have 39 million in debt of which 29 million is accounts payable
The accounts payables are probably due to their suppliers so it is safe to assume their suppliers will work with them becuase they want to continue the business relationship

Toughbuilt has a successful past history of raising capital and paying down debt when needed to do so. This is all done on the backs of retail investors through very good investment banking and terms.

It is a never ending death spiral of the stock price, but continued growth of the company.

[Value_Investor]

Well, with only Mere $0.12 a share negligible cash how could the company survive from the coming inevitable Bankruptcy except Endless-Super-Heavy Giant dilutions...

Let's see if TBLT will crash down its current Bottom $1.34 in the near future?

[StockLogistics]

4 year consolidation completed, 1 year consolidation completed, and there is a town in Pennsylvania USA that needs tools to rebuild, Hurricane Ian also destroyed much of Florida, needing tools, the trend is toward rebuilding areas of the U.S.:

““Bomb Train” in Ohio Sickens Residents After Railroad Cutbacks, Corporate Greed Led to Toxic Disaster”

https://www.democracynow.org/2023/2/14/east_palestine_ohio_train_crash

[John_Vallay]

I don't think they will go into bankruptcy because they can raise capital through issuance of shares which dilutes shareholders, but it keeps the company moving forward.

Company will continue to grow and expand, but it is at the cost of investors that buy the stock on the open market.

Toughbuilt management has raised all their cash through toxic financings which reward the investors with cheap shares, rewards the company with cash, all at the expense of retail investors that continue to buy on the open market which creates the liquidity for the toxic financings.

No bankruptcy in the near future, just shareholder dilution.

[subslover]

Toughbuilt Industries Announces the Launch of New Handheld Wrenches
January 30 2023 - 08:30AM
GlobeNewswire Inc.
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ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 20 new SKUs into the Handheld Wrenches segment, including adjustable wrenches, construction wrenches and pipe wrenches.
ToughBuilt's launch into the wrenches category responds to the growing demands of a global hand tools market projected to grow to US $31.8 billion by the end of 2030, according to a 2022 market research report1. These new wrenches will be made available for purchase through leading US home improvement retailers and across ToughBuilt's growing strategic networks of North American and global trade partners and buying groups, servicing over 18,900 storefronts and online portals worldwide.

ToughBuilt Co-Founder and CEO Michael Panosian commented, “We are pleased to launch these 20 additional hand tool SKUs into the wrench segment and anticipate that they will create further revenue opportunities for the company.” Panosian continued, “We believe these new product offerings will continue to build ToughBuilt’s reputation for quality, and we intend to expand the company's products into additional segments throughout 2023 and the coming years."

1 Valuates Report. (2022-02-10). Hand Tools Market Size to Reach USD 31,817.3 Million by 2030 at CAGR 4.2% - Valuates Reports https://www.prnewswire.com/in/news-releases/hand-tools-market-size-to-reach-usd-31-817-3-million-by-2030-at-cagr-4-2-valuates-reports-806971891.html

[Value_Investor]

LOL, the Cash Value (CV) here is Mere $0.12 per share v.s. the stock is trading at the Highly-Inflated Ridiculous-High price $2.1x now!

Super-Low CV means the inevitable Bankruptcy in the coming weeks/months unless the company does the Giant dilutions and the Repeated Huge R/S to enhance the CV!

Note, the Bottom was $1.34 which is 11 Times of its Shocking-Low CV!

[subslover]

ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac
The Company has completed an extended agreement with Sodimac.
Sodimac is the largest home improvement supplier in South America
Expanded agreement brings ToughBuilt to market in all countries in the region.
Agreement begins with 15 initial in-store SKUs and 23 SKUs in Sodimac’s online market.
IRVINE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company is expanding its distribution agreement with Sodimac, the largest home improvement and construction supplier in South America; In this extended agreement, stores in Chile, Peru, Argentina, Colombia, Brazil, and Uruguay will initially begin with 15 SKUs in-store and brings 23 SKUs to Sodimac’s online marketplace.

Latin America represents a large portion of the $17.5Bn USD Global Hand Tools Market, with a projected regional growth of 3.9% CAGR through 20271. LATAM customers will find ToughBuilt products in a wall display featuring some of the best-selling SKUs in the Company’s line.

Michael Panosian, Chief Executive Officer of ToughBuilt, stated, “This expansion of our partnership with Sodimac increases opportunities for overall revenue success through the capture of additional Latin American market share.” He continued, “We are proud to continue outfitting pros across South America with our innovative products.”

1 ReportLinker. (2022-10-10). Global Hand Tools and Accessories Market to Reach 23 Billion by 2027 – Globe Newswire https://www.globenewswire.com/news-release/2022/10/10/2530924/0/en/Global-Hand-Tools-and-Accessories-Market-to-Reach-23-Billion-by-2027.html

[Value_Investor]

With only Mere $0.1288635 per share Shocking-Low Cash Value how could this company survive from the Inevitable CH11 or even CH7 Bankruptcy?

So, TBLT must Dilute the Giant amount of New FREE shares and Rob the investors with the Repeated Huge R/S in order to Survive!

Anyway buying TBLT at its recent high $9.589 = buying its Pink-Sheet Retail peer at $0.02572342 v.s. it is trading at Shocking-Low price $0.0002 now!

Buying its peer at current Bottom price $0.0002 = buying TBLT at $0.07455468 v.s. it is trading at Shocking-High price $2.07 now while its recent low or Bottom was $1.34!

[subslover]

ToughBuilt Industries Launches All-New Screwdrivers
January 17 2023 - 08:30AM
GlobeNewswire Inc.
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ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 40 new SKUs into the Handheld Screwdrivers segment, including ratcheting bit drivers, insulated screwdrivers, precision, slotted, Phillips, Torx, and cabinet screwdrivers and demolition drivers.
ToughBuilt's new line of screwdrivers responds to the demand of a rapidly growing global professional hand tools market, which is projected to grow from US $21.2 billion in 2020 to US $31.8 billion by the end of 2030, according to a 2022 market research report1.

These new screwdrivers and bit sets bring ToughBuilt's total product SKUs to more than 550, and the products will be made available for purchase through leading US home improvement retailers and across ToughBuilt's growing strategic networks of North American and global trade partners and buying groups, servicing over 18,900 storefronts and online portals worldwide.

ToughBuilt Co-Founder and CEO Michael Panosian stated, "As ToughBuilt expands into the global screwdrivers segment, we look to grow new revenue streams through continued product innovation. We believe this new product offering further solidifies ToughBuilt's brand authority as a maker of technological, pro-quality hand tools. "Mr. Panosian continued, "We are proud to continue launching groundbreaking new products and intend to expand the company's products into additional new segments throughout 2023 and beyond."

1 Valuates Report. (2022-02-10). Hand Tools Market Size to Reach USD 31,817.3 Million by 2030 at CAGR 4.2% - Valuates Reports https://www.prnewswire.com/in/news-releases/hand-tools-market-size-to-reach-usd-31-817-3-million-by-2030-at-cagr-4-2-valuates-reports-806971891.html

ABOUT TOUGHBUILT INDUSTRIES, INC:

ToughBuilt Industries, Inc. is an advanced product design, manufacturer, and distributor with emphasis on innovative products. Currently, we are focused on tools and other accessories for the professional and do-it-yourself construction industries. We market and distribute various home improvement and construction product lines for both the do-it-yourself and professional markets under the TOUGHBUILT brand name, within the global multibillion dollar per year tool market industry. All of our products are designed by our in-house design team. Since launching product sales in 2013, we have experienced significant annual sales growth. Our current product line includes three major categories, with several additional categories in various stages of development, consisting of Soft Goods & Kneepads and Sawhorses & Work Products. Our mission is to provide products to the building and home improvement communities that are innovative, of superior quality derived in part from enlightened creativity for our end users while enhancing performance, improving well-being, and building high brand loyalty. Additional information about the Company is available at: https://www.toughbuilt.com/.

FORWARD-LOOKING STATEMENTS:

[Value_Investor]

No more $1.34 ~ $1.99 Huge Sell-Off! No more Endless Super Heavy dilutions! No More Big R/S! TBLT might replicate its Retail OTC peer's performance (from previous Bottom or 52-week-low $0.0005 to previous 52-week-high $0.0026 most recently) to run the Same 5.2-Bagger Huge rally soon...

LOL, even at its most recent high or Top $0.0026 that peer only has $11,947,000 MV v.s. TBLT has $16,517,552 MV even at its Bottom $1.34!

At the Top $9.589 TBLT has $118,199,106 MV v.s. at its recent high or Top $0.0055 the peer only has measly $25,272,500 MV, LOL!

[waterchaser]

The answer is “no”.
Thanks for asking.

[Value_Investor]

Can this recent Big-Killer run the Same 5.2-Bagger Huge rally from its Bottom $1.34 to $6.968 as its Retail peer did on 12/30/2021 --- from 0.0005 to 0.0026?

[Value_Investor]

Nope, TBLT is heading onto its most recent low $1.34 now... It might crash to $0.1 ~ $0.2 before any big bounce!

Hopefully it will bounce the Same 11-Bagger as its Retail peer did (from $0.0005 to $0.0055) recently...

[Little Feat]

Spot on.

[luckydude777]

Your post has great merit. Thanks for taking the time to share so in-depth.

[John_Vallay]

Why would the stock go up to $4 a share?

With 19.7 million shares outstanding that impedes a market cap of just under $80 million.

You can not give a market cap to a company that has a bad balance sheet. This company will raise more capital which means more dilution. All past capital raises have been toxic which means the stock has no real value. The price on the open market is arbitrary because there is no true value in the company due to CEO's continuous toxic financings.

Lets not forget the warrants, preferred warrants, options, preferred shares and all the other BS stock deals that were done.

They have ZERO institutional ownership. DO NOT tell me Sabby is an investor with 435,000 shares. Sabby was one of the firms that participated in the last capital raise which meant they had over 8 million shares. They sold most of those shares into the open market and due to the quarter ended Sept 30 they still owned those shares and by law they had to disclose that ownership position.

And don't forget that the CEO only owns 445,492 shares.
On a percentage basis based on the last capital raise and on a fully diluted basis I believe his stock ownership percentage is about 3%.

So when you say that this stock will go up you really need to evaluate your stock decision making process.

it was just under 2 years ago that the stock was $230.00 a share. Today is it at $2.33.

And I expect it to go under $1 a share within the next 6-months, and then another reverse split, another capital raise meaning more dilution and lower stock price. It is a never ending carousel that just keeps going down.

Just my unprofessional opinion based on filings, website, press releases, past management calls and management past decisions and stock charts.

[luckydude777]

Thing IS regarding TBLT ... it's a $4.00 minimum stock. Once folks begin to realize that, their will be no shortage of investors coming to the plate.

[subslover]

News



AP
ToughBuilt Enters Into Distribution Agreement with One of Kazakhstan’s Largest Equipment Supplier
ToughBuilt Industries, Inc. - (GLOBE NEWSWIRE) 27 min ago

https://www.bakersfield.com/ap/news/toughbuilt-enters-into-distribution-agreement-with-one-of-kazakhstan-s-largest-equipment-supplier/article_3da6a7b1-aba9-581d-80c7-76c433b191f3.html

[Little Feat]

Wish they would focus on profitability and stock price.

[bcapps66]

Love their products... keep on expanding!

[Little Feat]

Poor management, no control over cost, growth too rapid.

[StockLogistics]

Could boom to 11.00 on Poland missile strike, need building tools in world war 3 rumor, mass production etc, imo.

[csud1]

LMAO!!! YEAH U PLAYED THE EXACT TOP AND BOTTOM. GET OUTTA HERE

[tat4tat]

From 4 to 2.93 ... good short.

[csud1]

Please do

[tat4tat]

Time to short.

[subslover]

ToughBuilt Industries Announces Third Quarter 2022 Results
November 14 2022 - 08:30AM
GlobeNewswire Inc.
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ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended September 30, 2022. The Company will discuss the results, and provide a business update, during the Company’s earnings conference call scheduled for 5:00 p.m. (ET) today.
Third Quarter 2022 and Subsequent Financial Highlights:

Revenues for the three months ended September 30, 2022 were approximately $30.2 million, an increase of 76% compared to the same period in 2021. The growth in revenue was primarily due to the expansion of existing customers and their recurring orders, adding new customers globally, launching more products in different categories and an increase in sales through Amazon.
Margins were 26.1% and COGS were $22.3 million for Q3 2022, compared to 31.6% and $11.7 million, respectively for Q3 2021.
Operating expenses were approximately $14.7 million in the third quarter of 2022, compared to approximately $15.2 million in the third quarter of 2021, primarily due to a decrease in shipping costs and marketing and other cutbacks.
Net income in the third quarter of 2022 was approximately $539 thousand, or $0.05 per share, compared to a net loss of approximately $9.0 million, or $(11.18) per share in the third quarter of 2021.
Working capital as of September 30, 2022, of $28.5 million.
Michael Panosian, ToughBuilt’s CEO, commented, “We are thrilled to announce strong results for the third quarter of 2022, with the entrance into to three large global markets with the launch of our striking, cutting and measuring lines.” Panosian continued, “We remain confident in our long-term strategy, building upon our partnerships and relevant opportunities to grow our market share in different categories. We expect revenues to continue to increase rapidly as our recently announced product introductions and distribution partnerships ramp-up. We remain focused on delivering profitable growth and are targeting profitability in 2023.”

Third Quarter 2022 and Subsequent Business Highlights:

Third quarter 2022 Amazon.com gross sales were approximately $3.91 million, compared to approximately $3.4 million for the third quarter of 2021.
Expanded distribution of 84 ToughBuilt products in all Sears’ Mexico locations, totaling 96 storefronts.
Entered into a distribution agreement with Sodimac, the largest home improvement and construction supplier in South America, beginning with Peru and Colombia with 15 ToughBuilt SKUs.
Entered into four, new major retailers in Germany, representing tens of thousands of new end users across Europe.
Entered Global Tool-Hammer Category with launch of a series of ShockStop™ hammers.
Expanded to Great Britain with new and expanding agreements with Huws Gray, Selco Builders Warehouse, MKM, City Electrical Factors, and Carpet & Flooring.
Launched 21 new SKUs into the global handsaws segment, featuring QuickSet™ Double-Edge Pull Saw in 15,500 stores.
Entered the Global Measuring and Marking Category with the launch Imperial and Metric ProBlade™ Tape.
Entered into an agreement with two major wholesale tool distributors in Switzerland, expanding into of European distribution that includes more than 250 retailers, nationwide
The foregoing discussion highlights certain information contained in the Company’s quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the “SEC”) earlier today, and does not intend to be complete. Investors should read the foregoing discussion together with the Company’s unaudited consolidated financial statements and related notes thereto and the Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) included in the Company’s Form 10-Q, and in conjunction with the Company’s Form 10-K for the year ended December 31, 2021 filed with the SEC on April 18, 2022 available on the SEC’s website at www.sec.gov.

Conference Call Information:

Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host a conference call to review the Company’s financial and operating results at 5:00pm ET today.

To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior to the start time.

U.S. TOLL-FREE: 1-877-200-1292
INTERNATIONAL: 1-212-231-2925

To listen to a replay of the conference call, please dial one of the teleconference numbers below. The replay will also be available through the audio webcast link.

REPLAY U.S. TOLL-FREE: 1-844-512-2921

REPLAY INTERNATIONAL: 1-412-317-6671

REPLAY PIN: 1-412-317-6671

ABOUT TOUGHBUILT INDUSTRIES, INC.

[da_stock_analyst]

#TBLT ?? Huge move today and can run again BIG tomorrow! Trade ideas and price targets!

[crudeoil24]

VOLUME > 74,000,000 > RAN STRONG INTO CLOSING BELL.

[crudeoil24]

TBLT > $teller day! <> Steller company!

[stock1ace1]

Nope 3.73$

[madras50]

looks like some kind of short squeeze to me.

[Nealio]

Almost entire float has traded; could make a big move today. Keeping an eye on it.

[subslover]

ToughBuilt Industries to Report Third Quarter 2022 Financial Results on November 14, 2022
November 10 2022 - 08:30AM
GlobeNewswire Inc.
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ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will announce its financial results for the third quarter of 2022 after the NASDAQ market closes on Monday, November 14, 2022.
Michael Panosian, ToughBuilt’s Chief Executive Officer, and Martin Galstyan, ToughBuilt’s Chief Financial Officer, will host a conference call to review the Company’s financial and operating results at 5:00pm ET on the same day.

The Company intends to file its Quarterly Report on Form 10-K on the SEC’s EDGAR system for the quarter ended September 30, 2022 before or on November 14, 2022.

To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior to the start time.

U.S. TOLL-FREE: 1-877-200-1292
INTERNATIONAL: 1-212-231-2925

To listen to a replay of the conference call, please dial one of the teleconference numbers below. The replay will also be available through the audio webcast link.

REPLAY U.S. TOLL-FREE: 1-844-512-2921

REPLAY INTERNATIONAL 1-412-317-6671

REPLAY PIN: 22021277

ABOUT TOUGHBUILT INDUSTRIES, INC.

ToughBuilt is an advanced product design, manufacturer and distributor with emphasis on innovative products. Currently focused on tools and other accessories for the professional and do-it-yourself construction industries. We market and distribute various home improvement and construction product lines for both the do-it-yourself and professional markets under the TOUGHBUILT brand name, within the global multibillion dollar per year tool market industry. All of our products are designed by our in-house design team. Since launching product sales in 2013, we have experienced significant annual sales growth. Our current product line includes three major categories, with several additional categories in various stages of development, consisting of Soft Goods & Kneepads and Sawhorses & Work Products. Our mission is to provide products to the building and home improvement communities that are innovative, of superior quality derived in pa

[waterchaser]

Gotta wonder in what alternate dimension PBHG is TBLT’s “peer”.

[Value_Investor]

Will TBLT break down its Bottom $1.34 again before the end of 12/31/2022? Anyway almost its NASDAQ peers (such as NSPR, PULM, VYNT, and TNXP) had already broken down their previous Bottoms most recently!

Even its OTC peers (such as PBHG) did break down its previous Bottom 0.0005 to 0.0002 after 5.2-Bagger Huge rally to 0.0026, LOL!

[Little Feat]

Ok.

[subslover]

I totally disagree!