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Matt & Brian are ultimately responsible for everything that happens with this company. They chose to ignore the financial and compliance side of the business and now it’s coming back to bite them.
At this point Brian & Matt are untrustworthy due to 2 years of lying to shareholders. Without outside confirmation of the financials, no one can trust any filings.
Having the audit brings much needed credibility
The reality is, the stock is at least 2 years away from getting back to being over 50 cents a share. If they can’t get the audit done by April then there may be much bigger issues than we realize.
FINRA may never happen due to all the missing information from previous business entities that is required to approve the application.
So we sit and wait it out or try to sell and move on. At this price point, it’s best to just wait it out and hope Brian & Matt get over their pride and ego
No one is saying they are lazy or have not accomplished anything. They got their priorities wrong by focusing on everything except the compliance issues that have plagued this ticker and most OTC Pink stocks.
When they release the news that they hired a firm (name of the firm included) with a date of completion, then I may believe what they say.
Unfortunately, their past inabilities have created so much doubt that the only way for shareholders to know they are being truthful is for them to actually produce the audited, financials and symbol change
Outside confirmation and accountability of the books. Necessary to become SEC reporting.
Remember when SLT numbers would be NEXT quarter of HauteD would be NEXT quarter. It’s always NEXT quarter or NEXT deal but none of the goals or promises have materialized in any meaningful accomplishments.
Custom uniforms for one off high school teams or church basketball league isn’t going to do anything significant for revenue.
FINRA, audited financials, completing the merger with DryWorld China (with details of revenue sharing) and clearing up the relationship between Brands & Industries is the only hope they have of this being successful.
As I’ve said a few weeks ago, I don’t see this falling much past 4.5 cents so it’s a good entry point but it is a long way from those unrealistic $5 price targets.
I don’t want to see another corporate update until they have FINRA and audited financials completed. Actually, I don’t want another product line, contract, spokesperson, tweet,social media post, email, newsletter, ad, or lessons from the CEO.
DryWorld, If your task isn’t FINRA or audited financials then stop, put it away, and work on those two task. You obviously can’t walk and chew gum at the same time.
Don’t expect the filing until late Sunday evening. Should be similar to past reports that is light on details with a very slight increase in revenue.
Until they prove otherwise, expectations should be minimal regarding disclosures and compliance
The inconvincible will never be convinced by the facts regarding the signed deals by DryWorld and their partners. The truth is there for each investor and it’s up to each to come to their own conclusion using facts and not speculation.
I tend to give credence to the rules set forth by the OTC markets (may not like the rules but they set the guidelines) regarding the use of press releases being an acceptable form of communication between companies and shareholders.
If the lack of audited financials drags past April, then we have real reasons to be concerned.
I have been very critical of Brian & Matt and remain critical of their failures. I can also separate from my emotional disappointment and anger and use my logic and reasoning skills to buy declining stocks that still has some potential for growth.
My investments and purchases are based on my risk tolerance not opinions of strangers. Like I said, at these current prices I see some value.
Could I be wrong? Sure, but that is why I use my money and not yours.
I’m not disagreeing on Brian & Matt’s refusal to treat this like a public company but at 4-5 cents the risk is minimal even if does fall back to 2 cents. Those shares won’t last long given the potential for rumors alone would move it back to 5 cents.
It may fluctuate by a penny at this point but almost every stock sees sell offs in December. I have concerns as well but I bought about 97,000 more shares around 5 cents and may pickup more between now and January.
At this point the risk is low as it’s highly unlikely to fall below a penny in the immediate future. There will always be someone with hope to come along and buy.
The real question is, are Matt & Brian willing to focus on the fundamentals of financial disclosures and compliance or are they content to just sell products until their disregard for investors permanently turns the dream into a nightmare?
Clearly, I’m still here after almost 3 years and I am willing to take on more risk at 5 cents or lower but I give this until April of 2023 to either run and turnaround or collapse under the weight of secrecy by management.
“If you knew what we know” was cute and exciting for a while but now it’s just flat out ignorant and disrespectful.
We will know who was correct about this company by April.
He’s been rolling out a long list of various products recently so I would imagine the millions is the cumulative total of all his product lines.
The only good news is we should be at the bottom of the share price within a penny. At this point it’s holding & hoping they can follow through on audited financials at some point and getting their compliance house in order.
At 5-6 cents it’s a low risk investment or gamble for a OTC Pink stock. It’s up to them to prove they can operate as a fully compliant & reporting business with full and proper disclosures. If they eventually figure it out then the price will run. If they continue failing and don’t communicate then this will remain at 5 cents and be a perpetual dream for gamblers.
Trips then Split
Repeat the cycle
I am so ready to get off this corrupt exchange. Bring on audited financials and SEC reporting.
All any company wants is a spot on the shelf next to the current giants of their industry. This is how new brands takeover as industry leaders.
I get you spent more time talking than doing. Either shares has value or they don’t regardless whose selling. Seems making it personal was a bad decision. Next time just do then move on with life.
Large stack on the ask yesterday and no buying. Less talk more action.
All that talk about buying IBGR today was just talk.
So DryWorld doesn’t have value at the ask? That’s an odd position for a Bull to take.
Who cares who sells the shares? Either a person believes they have future value or they don’t. Previous ownership of shares isn’t a factor.
Some talk others buy
If you want shares so bad just hit the ask and be done with it. It’s a value regardless.
I still lean toward believing they will get it done eventually but their credibility has taken a big hit. DryWorld would benefit from hiring an established investor relations firm.
I don’t disagree but management has mismanaged the entire process and failed to properly communicate during the process.
Until DryWorld gets their audited fundamentals out and become SEC reporting, the volume will remain anemic and the deals they sign will not impact the share price.
Nothing else they do or say matters
Make it happen because I would buy ever open share that’s listed.
His autograph has value especially if they only do one of them. Sports memorabilia is big money when it comes to legends with his popularity
Why is everyone missing the chance to win an autographed jersey? Each entry equals one entry. His autograph on a custom unique jersey would be a fantastic addition to a collection.
His other product lines have been successful so that bodes well for DryWorld
On Tuesday DryWorld ends the con & bait switch misinformation campaign.
Time to take out the trash
The products are manufactured in various parts of the world including Florida. Depends on the material and where it’s sourced from. Why would they list all of that information on a financial disclosure when it’s not required?
DryWorld is required to meet the reporting standards of the OTC and not the random wishes of the greater investment community
Industries doesn’t have contracts but Brands does. This is clear from facts established by the companies they have the contracts with. I think the companies signing those contracts know who is supplying them products and it’s Brands
No evidence of Brands being a resell.
I don’t care about trademarks, I care about contracts.
Contracts = Revenue and that’s what’s important.
Whose listed on the PR Brands or Industries?
That’s the question
Every single deal is with Brands. There is literally zero evidence to support that Industries has these contracts, in fact 100% of the independent verifiable facts show that these deals are with Brands.
Even DryWorld Brands partners said their deal are with Brands. So either all those partners lied or the claims being made against DryWorld Brands are inaccurate.
It seems the “issue” is with the OTC and not DryWorld. DryWorld follows the policies or rules provided to them.
If or when DryWorld meets the requirements for a different exchange, they will do what is required just as they have done on the OTC.