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I mainly remember checking FINRA Symbol/Name Changes on a daily bases after that PR..haha
From one of the PRs back in Dec:
"Management has proceeded to file with FINRA for the name (DRYWORLD Brands LLC) and ticker symbol change (DRYW)."
https://ca.finance.yahoo.com/news/dryworld-global-athletic-brand-set-143500550.html
Did you miss the PR from Wednesday?
I'm not able to log in with RBC in Canada..
I only have pennies in my wallet, but really want to be part of this second launch. A least my bro is in this for more... All aboard, the D-Train is about to leave!
OK, thanks for the info. Come to think of it, make sense since they stated "IBGR" in the PR.
Don't leave without me!
Had a few $$ in a triple 0 ticker, sold that for a whopping 3200 shares of soon to be DRYW..haha far cry from the 300k I once held. Tons of posts, so sorry if this has been discussed, has anyone predicted when they think the ticker will change??
I'm throwing it out there and say Friday, since it’s the Olympic opening ceremony.
Well I guess technically if they said RBC Royal Bank doesn't allow trading, then they would be correct as it is RBC's brokerage entity RBC Direct Investing that allows trading PHIL. It's not the ideal trading planform for OTC stocks since it's 9.95 a trade, but being Canada's largest bank, I find they allow more access to different types of securities. RBC Royal Bank is the retail side of things where they provide advice and pick investments based on KYC guidelines.
As a Canadian, I apologize for this long winded response. ;) Cheers!
RBC currently allows buying/selling of PHIL, That's what I'm using.
If I had to take a guess, his next tweet will be the day of the filings.
I hear you on the Doing extra things and helping family out. Given one of my brothers is in PHIL as well, first thing I would do if give enough to my other brother to retire. If he fully retires that's his business, but I sure would like the chance to play some more golf with him. Charity starts at home, whatever your home is. Then just keep giving, with Phil that is possible.
I'm about the same. Got lucky on a few side plays and re-invested back into phil. Bought the last 500k shares on the dip from .02, picked up the shares @ .0125, my avg is now at .0033.
To hold this long term, one must become numb to the price fluctuations. As a stock rises the more pennies the price can increase/decrease, the more shares someone holds the bigger $$ value fluctuates. Personally that’s approx. 2 years worth of my current salary with every $0.01 PHIL pps fluctuation. If the hardest thing I have to do is top watching the trading screens and focus on my current employment for a year or so, I am game.
Oh I hear ya. From my first phil share purchase of 600k @ .0006 to the 9.5m holding today, is all due to the DD presented on this board.
Thanks for the post, I agree.
The DD presented on this board is what started my journey with PHIL back when the 8k drop in Dec. Besides all the added/new DD found since, the story has always been the same, Henry needs PHIL to be current to get the ball rolling, publicly. To come on here and state someone is a pumper because they are withholding info or a mf because they did not like the reply from a valued member/contributor to the board, it makes one wonder what their motives are.
Those new posters posting their investment strategy views without any regard for actual DD or Facts makes me think they are a wonkey donkey ;)
How did you get there?? you will notice at the top of that page the description starts with a bunch of "???" too. I wonder if this is not suppose to be reveal yet? Exciting recent events that's for sure!
Discloser: I currently no longer hold IBGR shares ); Saw some other opportunities while waiting and took some chances. My two biggest plays were Dryworld and another one I'm currently in and had a feeling months ago they would both take off at the same time...well here we are and the other play looks like it will take off next week. I only hope IBGR stays between the .10 to .20 before it takes off too, so I can join the fun. If not, I am rooting for all IGBR/DRYW shareholders.
zeed
Appreciate all you, Facts, and others do for the board. Hardest part now is keeping myself occupied so time can go by a little quicker.
Lol, thats awesome. I'm in at 9.5mil and have been pondering what my work exit approach would be. It's a small company and a great bunch to work for, so I'll be nice about it.
I was thinking about it, but have yet too and probably wont get around to it today, if someone else wants to reach out.
Yeah, I'm taking this discovery with a grin of salt. An update on the cooperate side is what we need.
That being said their website thedryworld.com still has their Instagram acct opening to dryworld_ind. Their older social media profiles but it is still Dryworld.
I definitely wouldn't call it news. Someone tagged dryworld in an Instagram post
Dryworld's Instagram profile:
https://instagram.com/dryworld_ind?utm_medium=copy_link
The last post of the Away shirt:
https://www.instagram.com/p/CP0tIXlBOeR/?utm_medium=copy_link
Hard to tell if the company/person posting those designs are working for that soccer division or just doing it as a hobby?? They only have 37 followers. But it does looks like they are getting the manufacture from some legit source as various manufactures are used with the other team's concept designs that they have posted.
I'd recommend looking through Dryworlds tagged Instagram posts. There are some other tidbits in there, including an Aug 2020 post regarding Dryworld & payment to Fluminense.
Haha no problem. I rarely use Instagram, but notice notification with dryword, later in the day decided to check it out. With recent NVSOS filings and now the this little leak, hope to hear something this month.
Nice, I didn't know that about the stars. Thanks.
Some men are longer then others..
If the Q is late, they would have to file an Attorney Letter right?
Oddly comforting to see the big block trades, if what is speculating is true that the block trades are part of the negotiated buy back.
Oooh good point. Could they claim they have those extra shares to sell back to phil and since its more shares then negotiate with phil sell for a cheaper price??
Whatever the outcome its looking good or at least interesting.
Definitely would explain why there are negotiations regarding a settlement. If they do have to pay back what they were loaned, I don't think it would be for the full amount.
Oh no worries, thanks for all the digging.
If I had to take a wild guess of how things went down, Dryworld receive part of the loan, then made promises to get contracts thinking they were going to receive the rest of the loan, which is where the real revenue would have came in for Dryworld. But TCA messed up, couldn't deliver on the rest of the loan and without the loan Dryworld couldn't deliver on the contracts. Without that revenue they couldn't pay back part of the loan they did receive.
Wild guess on my part and its up to the courts to see whos at fault for what. To me, this is key:
"Dryworld sought new financing, and local counsel Barry Crump is in negotiations to close the litigation through settlement with Dryworld and its new lender."
The path is being cleared.
Reading that doc at face value, I looks like TCA is collecting 2.62 mil from Dryworld BUT I think the most important is the last part regarding Dryworld's new lender and a settlement. To me the new lender = "agreement with Burdell Partners LLC in which Burdell will provide a $6.5mm equity investment" from the Dec 23rd PR. All of this would explain why all their social media and majority of their activity went silent. Hence the activity in China.
I don’t know all the details of the previous financing the lead to the 2017 downfall (although it has been discussed here) but I do like that things are clearing up for attempt #2.
Thanks, good to know the rough timeline and what to look out for.
What would be the timeline for the ticker change now?
What a great review on that hat!! haha.
https://m.aliexpress.com/wholesale/dryworld.html?osf=auto_suggest
I'm down for that. Atlantic Canada is nice in the summer so no need to travel too far anyways, just need that bubble. My Bro has some shares in Phil too, so there might be a pre-party...
Hey pollux114, I'm a little bit closer to you, here in NB. I like my chances here, better then playing 649!! lol
Currently not able to edit the doc. I have 10.4 million.
Yes, the negotiated shares will be retired once current, but lets say after those shares are retired the O/S is 5bil, it would be nice if another 1bil are bought back on the open market