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9's up!!
8's going!!
7's bid building
.0012 eod?
8's up
is it .05 yet?
big short squeeze coming here
shorts are screaming
RETC just more dumping on news.
Q are you an insider or paid promoter from RETC?
news!
AUSTIN, Texas , Feb. 07, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Golden Developing Solutions, Inc. (OTCMKTS: DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, is excited to announce the imminent launch of its new “WheresCBD” portal. This move comes in the wake of the Company’s strong success with its “WheresWeed” division, an online and mobile cannabis services hub that focuses on fast, secure, and efficient discovery, purchasing, and delivery of cannabis in both recreational and medical markets in the United States and Canada .
“With WheresCBD, we are creating the most comprehensive CBD consumer resource in existence, expanding on the dramatic growth we have witnessed in our WheresWeed division,” commented DVLP CEO Stavros Triant . “The low-level retail CBD story has played itself out. But the specialty and niche story is really just getting started. For example, there are maybe 50 places in New Jersey where you can drive and find high-quality CBD at any given moment. But any one of them might not have the actual product you are looking for to meet your specific needs. With WheresCBD, you have a guide. We see this as an explosive service niche with no serious competition in a market that is roaring toward $20-25 billion in sales over the next 36 months.”
This announcement comes on the heels of the Company’s recent update reporting accelerating revenue growth for its “WheresWeed” division, which is now on pace at its current rate of growth to drive $2.5-3M in sales for 2019.
Management believes “WheresCBD” may achieve even more powerful success. According to a new estimate from cannabis industry analysts at the Brightfield Group , the hemp-CBD market alone could hit $22 billion by 2022.
The Company notes that the “WheresCBD” portal will include the full spectrum of CBD products, including Hemp Oil, CBD for beauty, Vapes, CBD for pets, tinctures, gummies, and all other current formulations on the market. The portal will be a truly comprehensive resource for CBD products, including location services, price comparisons, product comparisons, and an extensive list of additional services to empower consumers and distributors.
“One of the most exciting aspects of the WheresCBD launch is the vertical synergy we project,” continued Mr. Triant. “We have the process mapped out given our expertise with WheresWeed, and we have additional expertise in CBD based on our product experience and our new extraction and production division. That puts us in a perfect position to dominate the CBD services space in terms of a portal that provides profound value to both the distributor and the consumer.”
The Company has already achieved major design and development milestones on the back-end for “WheresCBD”, including content assets and core data. Functionality and network elements are expected to ramp up over coming months following the launch, with full functionality and early-stage revenues in place following Q2 of this year.
About Golden Developing Solutions, Inc. Golden Developing Solutions (DVLP) is developing an online retail business for cannabidiol (CBD), hemp oil and health/wellness-related products. The Company is also developing a high-capacity, high-quality CBD extraction and production facility. In addition, through the website of its joint venture partner, Pura Vida Vitamins (www.PuraVidaVitamins.com), as well as through wholesale and distribution channels, the Company offers a broad range of high-quality, price-competitive products, including traditional vitamins, supplements, and CBD-based tinctures, vapes and soft gels, among other products. Merchandise also includes hemp and CBD-related products and additional products focusing on health and lifestyle.
Golden Developing Solutions is a development-stage company providing business services and/or products supporting the cannabis industry, in which company intends to make acquisitions in the near future. Currently, 29 states and the District of Columbia have passed laws permitting their citizens to use cannabis for medical and/or recreational purposes. Cannabis has shown encouraging signs as a treatment for various medical conditions and has become increasingly more acceptable to the public and society.
Forward-Looking Statements This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company’s filings with the Securities and Exchange Commission . Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced herein are not incorporated into this press release.
Corporate Contact: Stavros Triant stavros@goldendeveloping.com 623-826-5206
Press & Media Inquiries: EHC Branding Agency Info@EHCBrandingAgency.Com (626) MJ-BRAND
would like some .008/.01 too
news out!
003 eod?
sell off last 2 days for IDGC
greedy dufort aka duktor lost patience.
22's cleared...23's up... :)
4s going!
you sold?
not if he is dufort
Toronto, Ontario , Jan. 09, 2019 (GLOBE NEWSWIRE) -- Franchise Holdings International Inc. , (OTCQB: FNHI) (or the “Corporation”) Worksport Ltd.’s parent company, in the second part of its 2018 investor conference call, outlined the company’s two tracks for income streams in 2019 — branded and non-competitive private label sales — for its high quality, functional, and aggressively priced tonneau/truck bed covers for the light truck market. FNHI and Worksport CEO Steve Rossi also said its technologically innovative Helios and Alpha Helios solar tonneau covers are expected to reach the North American market in 2019 and 2020 respectively.
Private label sales are non-competitive to the main brand
Rossi described his total concentration on the business’ main product lines, while private label sales to two major U.S. companies occurs simultaneously. “With this development, we ‘knocked the ball out the park.’ The two American companies approached Worksport independently, and exclusive and non-competitive products were developed for their pre-existing market for tonneau covers,” Rossi said. “They are expected to be reoccurring orders equaling the revenue stream for the main trifold truck cover product lines. It is accretive and a win-win for both manufacturer and purchasers.” Rossi told conference participants that private label sales are ‘in the background, ‘and based on Worksport’s pre-existing patent portfolio.
Revenue update
As of today’s date, Worksport is pleased to announce its order book has exceeded $1,150,000 . It is expected to grow and rotate every 30 to 60 days. Worksport and its team is working towards revenue growth outpacing its target of $5,000,000 within 2019; representing a year of year growth target of over 900%.
Invest in the company, not in an IR firm
Another area of concern for investors was whether FNHI would invest in support from a major investor relations firm, with a dual OTC and CSE listing expected in the near future. Rossi advised conference participants that “it would be a difficult call to divert funds that are needed for Worksport growth to an exploratory project” that may or may not provide ROI, even if such firms succeed in creating greater FNHI awareness. “There is much available organic media coverage for growing companies that need not bought and paid for,” Rossi told the investor conference.
FNHI offshore manufacturing promotes ‘consistency and quality’
Rossi also explained the protections built into its manufacturing processes in China . It’s somewhat like ‘just in time’ product assembly. “We work directly with each manufacturer of specific components, retaining control throughout the supply chain.”
“This promotes consistency and quality, a proprietary and rather complex way to create products, with factories able to scale up to scale up to large orders within 30 days,” Rossi commented. “Each facet is individually managed from sewing, plastics, panel adhesives to aluminum cutting and applying anti corrosives, with the factory mostly handling assembly and packaging.” He added that budgets exist for current orders but there was still a need for capital to fund onshore inventory.
To the question of whether FNHI would agree to be acquired, Rossi told participants: “We will act prudently in shareholders’ interests but wish to be the acquirer; our goal is a nine-figure evaluation. I am in it for the long haul and want to call the shots. I don’t play golf and can’t sit still. I want to call the shots, just as I have since I was 16-17 and first started my own business.”
Share structure remains the same but Rossi plans to retire his shares
To a question about FNHI share structure, Rossi noted that it “had not changed” but that he would soon be retiring his 11 million shares (which he would “never sell)” out of the approximately 147 million shares issued and outstanding. If investors have questions about this or other topics, Rossi said, “At any given time, they should be able to email, call or tweet and ask what is happening and I will be glad to answer. That’s a basic of company transparency.”
FNHI enjoys a record making order book
In concluding the investor conference, Rossi noted that Worksport enjoyed a “record making order book” though is prepared for “hard times or good times.” “There will be peaks and valleys, but excellent management is in place to move aside whatever obstacles could be in the way. We will use everything in our tool belt to keep moving forward,” the FNHI CEO said.
Part II of the conference call can be listed to here: https://franchiseholdingsinternational.com/media/conference-calls/
About Worksport Ltd
Worksport Ltd. , a fully owned subsidiary of Franchise Holdings International. Inc. is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com
About Franchise Holdings International
Listed on the OTCQB Market under the trading symbol “FNHI” and currently in the process of a dual listing on a Canadian Stock Exchange , Franchise Holdings International’s strategy is to acquire business in the fastest growing business segments and to create shareholder value in the process. Once a business of interest is acquired, our mission is to further develop and accelerate the growth for all of our acquired subsidiaries. Currently the Corporation has one fully owned subsidiary, Worksport Ltd.
For further information please contact:
Mr. Steven Rossi CEO & Director Franchise Holdings International . T: 1-888-554-8789 E: Investors@franchiseholdingsinternational.com Website: www.FranchiseHoldingsInternational.com
Forward-Looking Statements
This document may contain forward-looking statements, relating to Franchise Holdings International Inc. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Franchise Holdings Internationals Inc.’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Franchise Holdings International Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Toronto, Ontario , Jan. 07, 2019 (GLOBE NEWSWIRE) -- Franchise Holdings International Inc. , (OTCQB: FNHI) (or the “Corporation”) Worksport Ltd.’s parent company, welcomed investors in a conference call and reviewed the year past and looked ahead to many positive developments in 2019. These include significant progress with its Non Offering Prospectus, required for a Canadian Stock Exchange (CSE) listing. FNHI also disclosed a healthy order book approaching $1 million for its high quality, functional, and aggressively priced tonneau/truck bed covers for the light truck market.
Describing the anticipated CSE listing a “massive milestone” for the company, elevating it to the “upper echelon of reporting issuer status,” Worksport and FNHI CEO Steve Rossi said that the company responded in December to a second set of 18 questions from the exchange. “If there are no more questions to be answered, then we become a reporting issuer and apply for a CSE listing,” Rossi said. “This would expose Worksport to a huge pool of sophisticated Canadians seeking to invest in growth companies. It also provides much needed transparency and growth capital. A dual CSE listing perfectly complements our existing OTCQB status.”
Even so, the CSE listing is “just one part of FNHI’s over growth plan,” Rossi told investor call participants. Based on the $923,000 in orders on hand, at least half of which will be invoiced and shipped in Q1 2019, Worksport can reasonably expect monthly repeat orders in at least the $500,000 range, Rossi added.
Revenues in 2018 will mostly equal those in 2017, “a remarkable achievement,” Rossi said, as the Worksport brand and word mark could not be used until the latter part of 2018. “Changing a brand name is very complex but we executed efficiently and successfully,” Rossi told the conference. “Now have a more secure, better brand identity that closely matches our culture of entrepreneurs, do-it-yourselfers (DIY), small business owners and outdoors enthusiasts.”
Once the Worksport brand was fully in use, purchase orders of $600,000 for November exceeded the entire previous year’s orders. Rossi said the company continues “trending toward 2019 revenues of over US $5,000,000 ,” evidence that the Worksport is delivering on its ambitious growth plan.
In Part II of the FNHI investor conference recap, Rossi will discuss the company’s growth strategies and planned use of capital, including further development of its long-awaited advanced Helios tonneau covers.
Part I of the conference call can be listed to here: https://franchiseholdingsinternational.com/media/conference-calls/
About Worksport Ltd
Worksport Ltd. , a fully owned subsidiary of Franchise Holdings International. Inc. is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com
About Franchise Holdings International
Listed on the OTCQB Market under the trading symbol “FNHI” and currently in the process of a dual listing on a Canadian Stock Exchange , Franchise Holdings International’s strategy is to acquire business in the fastest growing business segments and to create shareholder value in the process. Once a business of interest is acquired, our mission is to further develop and accelerate the growth for all of our acquired subsidiaries. Currently the Corporation has one fully owned subsidiary, Worksport Ltd.
Forward-Looking Statements
This document may contain forward-looking statements, relating to Franchise Holdings International Inc. operations or to the environment in which it operates, which are based on Franchise Holdings International Inc. operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Franchise Holdings Internationals Inc.’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Franchise Holdings International Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Mr. Steven Rossi CEO & Director Franchise Holdings International T: 1-888-554-8789 E: Investors@franchiseholdingsinternational.com Website: www.FranchiseHoldingsInternational.com
same here :)
$ICBT next VMGI/CBDD
news or something?
Withdrawal of Registration Statement
https://www.otcmarkets.com/filing/html?id=13104641&guid=sWvbUFYs56E_uth
I think Rivian Automotive is the deal here and not Tesla
SS all out and locked..
We acquired Cinemas Entertainment Via Cash sourced via Viabridge, and a profit share agreement. We are looking forward to bringing on board and growing the already strong revenue coming from film exhibition with the addition of the Esports facility. $SEGI
— Sycamore Entertainment Group Inc (@sycamorefilms) November 28, 2018
the problem here is duforts(aka ducktor) greed. he kills the momo as soon this stock have a bid.
Dufort or ducktor? someone pumping his stock IDGC?
dumping is over