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.
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.
Something of GLOBAL proportions seems to be brewing…..
Can’t say how the investment community will react, but we have been down so long, it only makes sense that we have few places to go but up on good news. JMHO
They are not going to RM with DI, DI is most likely going to become a shareholder of IBGR after they sell all assets to IBGR. We may be surprised how much DI actually has in assets…..China is just one I suspect. The end will justify the means, or in this case the wait.
For anybody thinking one small ambassador received 100 million shares, I just want you to calm down and think logically. Ronaldinho’s brother’s company got 4 million shares, Claudio got 4 million shares, Beroe got 1 million shares, and the other ambassadors got a few hundred thousand each. What most of the shares have in common is that they are RegS. If you don’t know what a RegS is, it is a company issuing shares in a foreign country, and those recipients are all in foreign countries, Bulgaria, Brazil, and yes CANADA.
Here is some history of how a private Canadian company came to IBGR:
As most know they went from 2 guys with an idea who created Dryworld Industries in Canada in 2010. For 6 years, they did nothing of significance as they grew, and even that required significant investment to operate and grow. Where did that money come from? Friends, family, and private investors. What did those investors get in return? Shares of the private company Dryworld Industries(DI). In 2016 they hit the world map with 5 huge kit deals in Brazil and the UK. At this point all those DI investors are going to be rich, right? But they needed big money to fulfill those contracts, that they got from TCA ($20 million), or so they thought. As we all know TCA only gave them about $2 million before they were caught running a Ponzi scheme and shut down. So all 5 deals died and DI was screwed in more ways than one. First they lost all potential revenue, profits, reputation and future deals, but they also got sued by FLU (and most likely one or more other teams that just didn’t get to court). On top of that, the receiver for TCA was suing them to get back the $2+ million that did DI received from TCA before they were shut down.
So what were Matt and Brian to do? They could have filed for bankruptcy, screwed all their DI investors and just gone away. Instead they tried to figure how to restart, first by protecting what they could, and by settling lawsuits. So they moved the patent of value to Dryworld Brands, LLC in Wyoming, reverse merged with IBGR (lied to by Minsky that the shell had all required documents to become SEC reporting with little effort), settled the TCA lawsuit by paying pennies on the dollar (which in most cases is more than receiverships get when they sue to get back assets), settled the lawsuit with FLU (not sure what the details were), and began the process of making IBGR a revenue generating fully SEC reporting company.
If you haven’t seen the missing piece yet, I’ll kill the suspense, what are the original DI investors going to get out of this? I believe that the whole plan has been to bring all DI assets into IBGR/DRYW from the start. I know some of you are saying, “we already merged with them, don’t we own them already?!” Answer is no. We merged with Dryworld Brands LLC. Not privy to all the numbers and details, but DI investors were not going to just RM into a shell and be happy, also on a legal point, that would not have protected the patent(s) from the TCA lawsuit. So how are they going to basically transfer DI assets to IBGR and how are DI investors going to be compensated a fair amount? Since DI is a foreign company, the answer is a RegS. Problem is, you can do a RegS anytime, but those shares are worthless to DI shareholders unless they can become registered as IBGR shares. The only way IBGR shares can become registered is if the company is fully reporting to the SEC. And (I’m sure you got there already) how does a non-reporting company become reporting to the SEC? By submitting at least 2 years of AUDITED Financials!!!!
So it makes more sense that 100 million unregistered shares (or a large portion of them) were issued to DI shareholders. But why after all this time, are DI investors willing to accept shares that currently are worth the same amount as Monopoly money? Because logic dictates that they know the audit and SEC reporting is very near.
What is one of the big assets that we are all clambering for that DI has? Here’s a hint, it rhymes with “China.” Most likely the intended Dryworld Brands China subsidiary is waiting for it to be transferred over to IBGR. I know we on the outside are just yelling at Matt and Brian to “just do it already!!!” But we are actually talking about an international deal with 3 countries involved. That is not just a corner store purchase of some candy, there is a lot to do to make sure it is done legally and properly.
The above is a lot of my own DD and some of my opinion and educated guessing, so if you want to dissect it, throw questions at me, or take out your frustration on me with your responses, I will not answer or respond to them in any other way. I believe in Matt and Brian, and I believe even more strongly that it is their best long term interest to keep the shares count as low as they can and raise the value of IBGR/DRYW as high as they can.
Remember it easier to criticize than it is to do.
Redwagon (mic drop)
So you drew your line in the sand.
When the audit is complete you leave?
Tell you what I’ll let you off the hook, you can bitch on here until ticker change is done, that is fair enough, right?
But after that go spend your time more wisely and keep exposing real scams like G.S. Et al.
Define “the end”
Do you only mean an end that you keep predicting, or will you leave once Dryworld proves your prediction wrong and makes a success of it?
(Please say you will)
You are doing it now….
Well said.
This is not some plant food scam or some trucking scam.
Cutting off your nose to spite your face seems an appropriate analogy
These are all Restricted. They are probably the closing out of the RegS. It could very well mean that Dryworld Industries is ready to transfer their assets into IBGR finally. The RegS shares cannot become registered until IBGR is fully SEC reporting, which cannot happen until the audit is done. Why after 3+ years are they finally doing the RegS transfer now???? Could it be audit is done and we soon will be SEC reporting???? Makes more sense that screaming that the sky is falling.
BTW, there are no sellers currently, and I doubt 100million restricted shares will cause a rush to the door. JMHO
Is that you buying up to .0107? If so, don’t stop there.
Market closed today. Good Friday
So does that make you Pozzo?
Here’s what I see. Regardless of the past and all the factual delays there have been, from what I can determine, PCG does not take on clients that are not SEC reporting. If they have publicly taken on Dryworld as a client, they must (with their much more in-depth knowledge of the audit situation) determined that Dryworld is far enough along of close enough to completion of the audit and submitting to the SEC, that they trust it will be done. Is that 2 more days, 2 more weeks, or 2 more months, who of us know. But I would wager it is not going to sit for that much longer or PCG would not have publicly engaged with Dryworld. JMHO
You never disappoint with the Debbie Downer posts.
I am still quietly waiting for the audit which I believe will trigger a landslide of great things moving forward, but a name like Braden Smith does show that these guys are more than a one trick pony with Ronaldinho. Let’s hope Dryworld is the good luck charm we were for Trente Jones. Nobody would hate seeing hundreds of Purdue coeds wearing the cropped 3 Maestro hoodies at the game.
You and ranger should take your conversation about how much Dryworld is failing you two personally off line to PM’s. Maybe discord conversations should stay on Discord. If he is willing, you can bring Huggy in too. You guys are boring and repetitive, and you are looking like little bitches. Nobody cares how butt hurt you are. Not even Huggy….
Your mind is poisoned, you miss points and use every comment to stand on your soap box and rant and complain. If you aren’t going to sell, but you aren’t happy to hold, what are you going to do? Just be quiet and complain offline. You are just hurting any potential the company has by publicly hating on management and the company.
Trying to help….
You’re an idiot.
They just said it grew 277% YoY. It just started.
What’s the name of your sports apparel company? You obviously have a successful one since it is so easy as you say. Which influencers are promoting for you? Most of the companies in this business that we know by name have been around for decades to get where they are. I’m pretty sure in their early years, it was slow and they took their fair share of knocks. We don’t need Dryworld to be Nike,Adidas, or Lululemon right off the bat to make money, just to grow from here. My kids will hopefully be super well off with Dryworld stock I have for them in their trust accounts. I would just like some fun money until then. I think we will see .70 again in the next 5 years or so, and that is a fair estimation imho, but even .10 makes me rich from here.
This is a terrible flip right now. Very low volume with huge spread. This is a hold and wait for news/catalyst. Many good things coming, though we must wait. Potential is still very promising.
JMHO
“A key focus of the partnership ahead of the 2026 World Cup is to infuse the soccer jersey into all facets of culture and subcultures through releases with Renegade Territory artists and music partners, - creating unique merch options for fans, while fusing fashion-forward designs inspired by music, art, heritage and soccer. The jerseys will feature the D on the right chest with the Renegade Territory Crest on the left chest.”
Looks like we are gonna make soccer jerseys integrated with modern fashion and have a bunch of Renegade celebs wearing, advertising, and helping to sell them. Could be a pretty big deal. JMHO
We are up over 100% in a week, their algorithms see that and start selling shares that they don’t have. Theoretically they will absorb all the buys until momentum runs out, then they will wait for, what they think is temporary momentum, to die down. You are right, we will need volume and buying interest obviously. But we need it in the form of more good news. Brio people were in Columbia last fall if you remember, a nice 7 figure Columbian soccer deal sure would help. I just wish signing one was “imminent.”
But it is not trips…..
They will be back, they have endless counter theories as to why Dryworld is doing well.
That time was the past several months when we were .005. But better to chase early than chase late.
Just the tip….
Then you are as stupid as you seem.
Who thinks February 29th would be a great day for a PR/CU? It also falls on a Thursday which is one of their 2 favorite days to put out PR’s. Besides being a day that women could propose to men going back hundreds of years in Ireland and Scotland, it is said that any venture begun on February 29th is bound to be successful. Anybody know any superstitious CEO’s?
I get the feeling selling today will make you sad this time next week. IR contact has apparently told at least one person that a Corporate Update is coming soon a few days ago. I am going to go out on a limb and assume that we get news of the audit completed.
Should we try to find the negative in that?
Lol
Wonder if any corporate update now falls to PCG Advisory. Could be that while negotiating, they asked to have control of it??? Maybe these “consulting fees” that have everybody’s panties in a twist have been to PCG all along??? They have shown they know how to take an OTC company to the Nasdaq before.
Discuss amongst yourselves…
PCG Advisory has nothing to do with the spam promotion. Dryworld has nothing to do with the spam promotion. PCG is a legit company. I checked 3 of their current clients at random, the first they helped take from the OTCQB to the Nasdaq, the second is a $20 stock on the OTCQB, and the third just ipo’d on the Nasdaq less than a year ago. PCG is a big land for Dryworld. I’m guessing that PCG chose Dryworld and not the other way around. I’m guessing the timing of the PR means that Dryworld completed the audit and is ready for SEC reporting and a bump up to the QB.
Enjoy refuting this, I don’t care.
Wonder if this pending negotiation was what held up a corporate update. Might be that PCG wanted to be in charge of that. May see soon.
Also I checked a few(3) of PCG’s clients, and one went from OTCQB to Nasdaq recently, one was already Nasdaq listed and one ipo’d directly to the Nasdaq recently. Don’t get your panties in a bunch, I’m not saying we will be on the Nasdaq very soon, but increasing the AS to cover all preferred share conversions does indicate that Dryworld may be heading their. Could be they gave up pushing FINRA for DRYW on the OTC and will stick with IBGR until they uplist to nasdaq as DRYW?
I also think that they realized that they were not doing a good job with investor relations and hired a versed company to do it for them. Perhaps the audit is done so Dryworld qualifies to utilize PCG’s service? I doubt PCG wants to mess around with non-reporting pinkies on the OTCBB.
HaHaHa. With two dimes, a nickel, and your respect, I would barely have a quarter.
So blinded by hate, some think Dryworld actually hired pumpers. HaHaHa. They have been very sparing with news and details which could have a much bigger positive impact than a few generic outdated 3rd party spam pumps. Lol
I’m getting a feeling we get something tomorrow, they like Tuesdays first and Thursdays second. I’m thinking they want a CU out in January and Thursday is February 1st. JMHO
Let’s get this straight I am in no way happy about the current share price, but it belongs here no more than it belonged at .70 a couple years ago. There is no way this goes to trips, that would give a market valuation of less than $200k. They had revenues of $400k last year and recently signed a 7 figure deal. They have more than $200k in inventory. Yes they have debt and deferred salaries, but we are still in the infancy. Audit being done with full SEC reporting will remove huge obstacles preventing things like China and traditional funding opportunities.
I agree. CU will be a welcome thing if it addresses more than just a recap of last year. I am guessing they have a reason for timing it for when they do. No idea what that may be, but I will hold faith that it will make sense once they issue it. JMHO
They need to accommodate the Preferred shares, they are not for issue. There are 10k series D that equals 150 million commons, and 900 E’s which I am not certain how many millions but I’m guessing hundreds of millions. This is an indicator that the audit is nigh and SEC reporting is next. Accommodating the preferreds was always needed. Matt and Brian own all the preferreds and they have no reason to convert them. I’m not worried, actually I’ve been waiting for this. Uplisting in the future.