Retired NYSE Broker & NASD Trader
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Mike--
Eli Lilly is really BIG TIME---
if there was an inkling of anything going on between the two it would effing LEAK!!!!
Bud---
I have been holding 600,000 shares of VNTN since 2004----no market---until just recently---now there is a bid for 1.5mil at .0005 and I got kicked out from a sell order I kept renewing--at .0007
And I am unable to discover what or who wants this POS---
Last
VALUATION AND CONCLUSION
In our view, the current valuation for WCVC’s shares only reflect the core business revenue expectation for 2019.
Looking ahead, we believe that considering the growth on that side, a 50% increase in market cap could be supported, right off the bat, as typical valuations tend to be 0.3x – 0.7x next year’s revenue.
However, clearly the major rise in future valuation will be the CBD business. A quick review of other non-profitable publicly traded CBD companies selling CBD-infused beverages and other products, demonstrates that companies tend to be afforded roughly $5 million in valuation for every $1 million projected revenue over the next 12 months, or calendar year.
Those firms operating profitably can carry high Price/EBITDA valuations. Given these factors, if WCVC sells $2 million in CBD products in 2019, we proffer that the stock would be worth $10 million, or $0.13,
with the restaurant business at $7 million in sales worth $3.5 million (the midpoint of the valuation metric), or $0.04. Thus, our target price is $0.17. Separately, we note that the stock hit a recent high and we believe all-time volume day which bodes well for liquidity and favorable prices ahead.
This company has come a fur piece since that was written!
Ciao
#8
The Products
Through the Illegal Brands segment, the Company sells multiple flavors of CBD-infused water along with a nano CBD isolate. Offered in Mango Bergamot and Passion Fruit flavors, Illegal Brands CBD is positioned as the ultimate beverage for an alert and active lifestyle.
Each bottle of the CBD water is infused with 30mg of microencapsulated organic Hemp Formula, which is the Company’s. proprietary formulation derived from the hemp plant.
Hemp Formula displays a broad range of potential health benefits and is non-psychoactive.
Illegal Brands CBD water contains no THC. Each sachet in the isolate package contains 15mg of nano CBD. A tasteless and odorless product, the CBD isolate dissolves easily into beverages, food, and other products. The isolate is made into a nano CBD powder and the nanosized hemp oil droplets allow for maximum bioavailability and absorption making it the one of the most effective forms of CBD available on the market. Currently, CBD is largely used to treat anxiety, pain, inflammation, acne, sleep disorders and other conditions.
#7
CBD: THE DIFFERENCE MAKER
WCVC’s Background
The genesis behind offering CBD products to its customers in-store and via delivery is traced back to when one of the founders was diagnosed with Multiple Sclerosis diagnosis and prescribed painful therapies. After discovering CBDs and using them for several months while giving up the prescribed treatments, lesions and spots on the brain disappeared. To this day, he continues to use CBDs and is living a happy, pain-free life.
Thus, Illegal Brands’ CBD business was formed to provide great health benefits to the Company’s already health-driven restaurant concepts and its health-conscious customers. Clearly, since the use of CBD for personal health benefits hits close to home, Illegal Brands is not a situation of a company founded by opportunists seeking to sell CBD products. Much like the sustainability mission, leadership is committed to growing this healthy segment and offer CBD-infused products to a broad customer base, in conjunction with building out its restaurant line. In our view, this is a natural evolution and is positioned for great success as the happy customers are purchasing the CBD products on site and will do so via delivery and down the road, through other, retail outlets as well.
There may be no industries that are as dynamic or offer as much upside potential as the CBD industry. As has been widely publicized, the Brightfield Group projects the hemp-derived CBD market will reach $22 billion by 2024. The question is: What makes the CBD industry so special? Many of you are familiar with the basics but given that we tend to forget about the drivers, the characteristics, and the opportunities, we have provided this primer.
#6
The “Illegal” healthy, fresh concept locations are enjoying enviable growth and the new Illegal Pizza, along with one of the newer IB locations are each on track to generate at least $700,000 in revenue in their first year. Given the broad popularity of these concepts, the Company plans to continue opening new Illegal Burger and Illegal Pizza restaurants in existing and new markets. It should be noted that the Company completed its Illegal Burger Franchise Offering documents in May 2019. Illegal Burger Franchising has retained a marketing group to assist with the commencement of its franchise offering and to pre-qualify potential franchisees. The Company hopes to have its first franchise sales perhaps during 4Q19. WCVC began its operations in Illegal Brands in June 2019, offering its own branded CBD infused water and CBD powder packets, first through its restaurant locations, and now directly to consumers.
KEY RESTAURANT INITIATIVES
#5
At its core, and true to its leadership, WCVC is a pioneer in the casual dining segment. Led by seasoned restaurant entrepreneurs, WCVC management is committed to scaling modern sustainable concepts into national franchise models operating metro-styled restaurants serving only the finest and freshest natural ingredients. Today, the Company develops, owns and operates 7 restaurants touting forward-looking, contemporary restaurant concepts in Colorado and Florida. These include 5 Illegal Burger locations, an upscale, fast-casual, burger + bar concept, El Señor Sol, a full-service fresh Mexican restaurant, and Illegal Pizza, an all-natural pizza concept.
Each of the Company’s restaurants offers a full menu and alcoholic beverages including liquor. The Illegal Burger (IB) restaurants offer consumers a practical alternative to the over- commercialized healthy dining craze by offering a variety of burgers made with all “never frozen, hormone-free beef”, french fries, cheesy taters and adult and virgin milk shares including Nutella, peanut butter, caramel, Oreo, vanilla, chocolate and strawberry as well as a full bar. The El Senor Sol restaurant offers Mexican food and a full bar including a tequila menu. The new Illegal Pizza (IP) concept, which opened in June 2019, offers consumers a practical alternative to the over-commercialized healthy dining craze by offering a variety of pizzas made with all “never frozen, natural toppings.” Each of the Illegal Burger and Illegal Pizza restaurants offers a full bar.
#4
Our Investment Thesis
Wall Street has overlooked and thus undervalued the WCVC business model and its early successes. It is the only explanation for the Company’s current $1.85M market cap, when other CBD-related companies are trading at high Price/Revenue and Price/EBITDA multiples. Based upon recent news, preliminary projections and typical peer group valuations, we believe WCVC’s shares could support a near term price target of $0.17 that is seven times greater than its current share price.
#3
THE VIEW FROM 30,000 FEET
The Premise
With few exceptions, the casual restaurant industry is going through a great deal of difficulty. In contrast, by leveraging its role as the first CBD restaurant stock, West Coast Ventures Group Corp. (OTC – WCVC) is uniquely positioned to take advantage of and help lead the industry’s fastest growing trends. With an early mover advantage in the CBD space, and with a unique, invaluable distribution positioning, we believe that WCVC may be the only publicly traded pure play that has meaningful exposure to multiple trends. As a result, we proffer that the Company’s shares are significantly undervalued and that the current market value does not reflect the potential, outsized gains that lie ahead.
#2
WCVC’s fast casual restaurants emphasize some of the industry’s biggest trends. These include including offering sustainable, healthy foods for health-conscious customers.
Its restaurants include 5 Illegal Burger locations, a new Illegal Pizza location opened in 2019, and one Mexican restaurant. The Company has generated $1.8M in sales through 1H19 and could approach the $4M mark, by year-end, and approach $10M company-wide, next year.
The Company’s CBD products include CBD-infused flavored water, along with isolates (powder form). Additional offerings and flavorings are in the cards.
WCVC is leveraging its role as a trusted and preferred source of healthy products for its customers to generate recurring CBD sales in the restaurants, online through its website, and via delivery in key markets.
I am going to post a series of excerps---
#1 COMPANY SNAPSHOT
INVESTMENT HIGHLIGHTS
West Coast Ventures Group Corp. is America's first CBD restaurant stock under Illegal Brands and operates a number of contemporary restaurant concepts including the flagship Illegal Burger, a quick-casual burger + bar concept. Led by seasoned restaurant entrepreneurs, WCVC management is committed to scaling both modern sustainable concepts into national franchise models operating metro-styled restaurants serving only the finest and freshest natural ingredients
Wouldn't that be nice--
I would not want to be short--
SQUEEZE coming---
Could be a rather devastating squeeze for the shrts ,, if they are not MMs-
-Reviewing the trend for the past 20 trading days there is a potential Squeeze about to happen because the past five days have shown an increase in short volume with very little cover volume.
Prior to this there was a sell off which caused the price to fall but the decreasing cover volume and increasing short volume shows a rebound is about to happen. This is a sure sign of our Squeeze trend indicator.
No,, but, yes,, on their own---But, if they cuddle up with a BIG NAME --BIG PHARMA----then all bets are off---there is absolutely no telling where and how high the moon will be on that day---
Shares Out
2,797,935,953
01/30/2021
Please multiply your PPS prognosis by the above figure denoting the Shares Outstading----
Those who are espousing the $50 and $100 pps figures need to get a life, here on earth.
'Sorry,, not nit-picking-------just can't sleep
But,,ENZC was a trip zero pic by Trader53--
Top Executives
Name Age Since Title
Diana Zhabilov - 2016 Chairman of the Board, President
Harry H. Zhabilov 45 2016 Chief Scientific Officer, Treasurer
Dennis R. Alexander 61 2015 Chief Financial Officer, Secretary, Director
Valentine Lordanov Dimitrov
Who has all the DD here????
That is very true---all of it---
Thanks
I am in Sierra Vista, AZ and my cardiologist is here---he has someone in mind who is practicing at the VA and at Tucson University hosp--he is finding out if he is available--thanks---good to hear that hers was successful---just want it done once though--successfully--
I am in with you other illegals---.0028---2.5milly
Did the Angiogram and stents ---now we find a Cardiac Surgeon---going to use the VA--
Did the Angiogram and stents ---now we find a Cardiac Surgeon---going to use the VA--
cool... I shot that once,,,
I did better on the back nine--
Thanks ---good to be and see this run---seems like they are all running today--Yesterday was the angiogram and stents,, now we find the Cardiac Surgeon---going to use the VA--
Hey man
similar situation---flipped out of ENZC and into DPLS---tripped getting the mail and ended up in the ER--Big time CHF--Lasix pulled 6 litres off-- get back home and DPLS has made me a nice profit of $25K--duh!!!
Folks--
If you were to canvas Amazon, Nike, Apple. Microsoft, face-book, etc---how many trip zero holders do you think you would find---or even double zero,, not to mention a penny shareholder---
Some of you have a real opportunity here!!!!!!!!!!!!!!!!!!
PS"" Wealth is not gained and established by flipping or selling---
It is established by owning--Bernard Baruch Investments 101
PS--- He spent 8 years learning that very principle--He explains it thoroughly in his book---After 8 years his whole portfolio was in the red due to flipping!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
PS Again::: Jesse Livermore was a friend of his------stock trading/buying/selling/holding is a lot more technical today than it was back then,, with Baruch and Livermore ,, and even when I started there were no computers or electronic quote systems in place--to me this is a whole new world---from where I started---
Maybe,, but the flippers will just continue flipping ---and that actually gives a lot of liquidity--they don't sit on thousands of dollars in paper gains that they have never seen or had in their lifetimes--big difference there----
Bernard Baruch wrote it ---he has been slightly more successful than any one here--you included--- by the way , what's your handicap??
PS::
The poster commenting on selling at just below the $1 pps----has a very good point ,, which has proven to be correct ,, historically--
Short Message to all LONGS
I have read a lot of posts from "worrisome" shareholders---
Been in those shoes more than a few times over the years---
Bernard Baruch summed it up nicely for me---his comment is::: ok, sell, now where are you going to put the money??? Is it to pay bills?? or is it to find a new investment home?? Those are not as easy to come by as is thought--
Next question---would you buy ENZC at this price??? an answer is required!!!
If you can't pull the trigger,, then set a stop order in place to calm your nerves--
Viewer--your post of --I believe these major platforms are going to loose clients when they start moving their accounts to other platforms which have no restriction in buying these CE stocks.
What firms offer these platforms--I have tried 6 brokers since Etrade stopped me and wants to help me make edifying investment decisions--
Hey Mods
Please make this a STICKEY
. On December 22, 2020 the Company entered into debt exchange agreements with Seacor Capital, Inc., Sky_Direct, LLC and Matthew Stout
whereby the balance of their outstanding notes and accrued interest were exchanged for Preferred Series C shares of ENZC extinguishing the debt obligation.
As a result of the reorganization, in accordance with Section 251(g) of the DGCL, the remaining previous convertible debt of ENZC is debt of the Predecessor and convertible into shares of the non-public subsidiary rather than the Parent.
The non public subsidiary can/could/possibly be spun off in an IPO later down the road---IMHO
Looks like the day traders are getting out---that bodes well for tomorrow--
Well,, its got half an hour---and if there is that much volume, we should see .035 or better
This is what ENZC folks had to endure--and look where they are today!!!!!!
We could have .03 today if the volume continues up to 500,000,000
we are at 475,000,000 with an hour of ""Power"" to go
The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions
About to hit Trader's Target of .0239
SORRY --It went right thru it to .025 while I was typing