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DSGT UPGRADED TO OTCQB
DSG GLOBAL INC. (DSGT), the world's leading provider of the patented GPS Golf TAG Management System and on-course media system, today announced that the Company has been upgraded from the Pink market to the OTCQB Venture Market, effective immediately.
Bob Silzer, CEO of DSG Global, commented, “We are pleased to have met the requirements to upgrade to the OTCQB Venture Market. This is an exciting time for the Company, as we continue to execute on our business plan and gain traction in the market. We believe trading on the OTCQB provides greater transparency to our shareholders and potential new investors due to the increased requirements. We continue to work towards submitting our application to be traded on the NASDAQ Capital Markets and look forward to providing further updates.”
DSGT UPGRADED TO OTCQB
DSG GLOBAL INC. (DSGT), the world's leading provider of the patented GPS Golf TAG Management System and on-course media system, today announced that the Company has been upgraded from the Pink market to the OTCQB Venture Market, effective immediately.
Bob Silzer, CEO of DSG Global, commented, “We are pleased to have met the requirements to upgrade to the OTCQB Venture Market. This is an exciting time for the Company, as we continue to execute on our business plan and gain traction in the market. We believe trading on the OTCQB provides greater transparency to our shareholders and potential new investors due to the increased requirements. We continue to work towards submitting our application to be traded on the NASDAQ Capital Markets and look forward to providing further updates.”
CYRTF - BENCHMARK METALS needs a volume spike
Edmonton, Alberta--(Newsfile Corp. - August 30, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report the mobilization of a second diamond drill rig to test and potentially expand the discovery of widespread intense alteration, multiphase veining and mineralization at the central resource area of the Lawyers Trend. The success of the ongoing 2019 field and drilling programs has provided a more thorough understanding of the regional geology, presenting a major opportunity to significantly expand existing resource zones along strike and to depth. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral endowed 'Golden Horseshoe'.
CYRTF - BENCHMARK METALS needs a volume spike
Edmonton, Alberta--(Newsfile Corp. - August 30, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report the mobilization of a second diamond drill rig to test and potentially expand the discovery of widespread intense alteration, multiphase veining and mineralization at the central resource area of the Lawyers Trend. The success of the ongoing 2019 field and drilling programs has provided a more thorough understanding of the regional geology, presenting a major opportunity to significantly expand existing resource zones along strike and to depth. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral endowed 'Golden Horseshoe'.
XRP/USD - Support Found. Can It Break Over $0.30c
XRP has shown some good movement, certainly in the USD pairing. With money going into the alt market at the moment you can always count on XRP being a gainer.
Keep an eye out for a breakout towards the upside of 30c.
Tight stoplosses (look at previous death wick to the downside)
XRP/USD - Support Found. Can It Break Over $0.30c
XRP has shown some good movement, certainly in the USD pairing. With money going into the alt market at the moment you can always count on XRP being a gainer.
Keep an eye out for a breakout towards the upside of 30c.
Tight stoplosses (look at previous death wick to the downside)
BTC - Target Area Found. Will It Hit The Box Again..
Bitcoin has had fun the last few days but we are still in a bearish trend on the 12 hour and could still look at hitting the purple box again. I'd be careful going long as it spiking up from that box. It needs more volume . Weekend is here. Market may play different.
BTC - Target Area Found. Will It Hit The Box Again..
Bitcoin has had fun the last few days but we are still in a bearish trend on the 12 hour and could still look at hitting the purple box again. I'd be careful going long as it spiking up from that box. It needs more volume . Weekend is here. Market may play different.
FN Long trade setup in Fabinet into earnings.
NYSE:FN Has been on the watchlist for some time as a result of the mauling it took in the may selloff. It has since recovered and we think it offers a good low rick long trade Into earnings
on the 19th AUG.
Technically it is set up bullish having failed, reset, and now broke through the golden pocket FIB restsiatnce.
AVERAGE ANALYSTS PRICE TARGET $59
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 19
SHORT INTEREST 3.4%
FN Long trade setup in Fabinet into earnings.
NYSE:FN Has been on the watchlist for some time as a result of the mauling it took in the may selloff. It has since recovered and we think it offers a good low rick long trade Into earnings
on the 19th AUG.
Technically it is set up bullish having failed, reset, and now broke through the golden pocket FIB restsiatnce.
AVERAGE ANALYSTS PRICE TARGET $59
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO 19
SHORT INTEREST 3.4%
Dunkin Brands looks a buy on breakout
NASDAQ:DNKN is in the process of completing a strong breakout, technically the chart looks a buy, and fib supports and extensions have been respected. High volume in the previous 2 sessions helps confirm our long side bias.
AVERAGE ANALYSTS PRICE TARGET $78
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 30
SHORT INTEREST 4%
Dunkin Brands looks a buy on breakout
NASDAQ:DNKN is in the process of completing a strong breakout, technically the chart looks a buy, and fib supports and extensions have been respected. High volume in the previous 2 sessions helps confirm our long side bias.
AVERAGE ANALYSTS PRICE TARGET $78
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 30
SHORT INTEREST 4%
gmed- GLOBUS MEDICAL is a breakout above $50
GMED recently reported inline earnings but has now come to our attention on the possibility of a substantial breakout, it has also come to light that multiple Investment and Capital management firms have made significant acquisitions of the stock. This has brought it to the attention of many and has helped and will continue to propel the stock higher in our opinion.
AVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 35
SHORT INTEREST 3.4%
gmed- GLOBUS MEDICAL is a breakout above $50
GMED recently reported inline earnings but has now come to our attention on the possibility of a substantial breakout, it has also come to light that multiple Investment and Capital management firms have made significant acquisitions of the stock. This has brought it to the attention of many and has helped and will continue to propel the stock higher in our opinion.
AVERAGE ANALYSTS PRICE TARGET $53
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 35
SHORT INTEREST 3.4%
EDNT our new low-float Nasdaq alert with huge upside potential.
=====================
Edison Nation , Inc. ( EDNT )
Alert Price: $2.04
Float: 2.93M
Investor Presentation
Website | Recent News
========================
Members,
We are kicking off this fresh week of trading with a low-float Nasdaq listed alert with tremendous upside potential.
Please turn your attention to Edison Nation , Inc. ( EDNT ).
Like several of our recent winning trade ideas, EDNT is a low float alert trading at the lower end of its 52-week price channel .
However, EDNT trades on the NASDAQ exchange, which makes it visible for potentially a bigger audience than normal OTC ideas.
We love these Nasdaq listed alerts because they tend to have more liquidity and higher investor confidence.
Speaking of investor confidence, you'll be happy to know that EDNT just reported blockbuster earnings numbers which have us bullish in this 2nd half of 2019.
Revenue and Gross Profit for the Second Quarter of 2019 Increased 36.0% and 61.8%, respectively
Bullish Catalysts for EDNT
A low float of just 2.9Mn shares.
Announced they are expanding on their inventor platform by adding two new features “Edison’s Design Challenge” and Entrepreneur Partnership.
Announced that Apothecary Products, a global leader in consumer wellness , has licensed the Ezy Dose Medi-Spout, a pill assisting bottle cap that utilizes patented technology to ease the swallowing of medication and vitamins.
Launched a new product line exclusively for its theme park and entertainment customers, which include Disney Parks and Resorts, as well as Universal Studios, among others.
Launched the "911 Help Now" pendant in March of 2019, in conjunction with a strategic sales and marketing association with Stealth Technologies, which had $800K in initial purchase orders from Audio America, a leading consumer electronics distributor.
Expanded sale of Goodie Gusher party product line into North America's retailers, growing its presence to approximately 640 retail store locations across the United States and Canada.
Introduced two new products in the toy and infant-sleep category: Lullaplayer and My Buddy Bernie. Lullaplayer is a children's MP3 player designed to look and feel like a classic portable record player. My Buddy Bernie is a voice activated, interactive playmate for kids that requires no set-up and works right out of the box.
Successfully entered the eyewear market in January 2019 with Smarter Specs, the first patented glasses with concave lenses, enabling consumers to wear the glasses higher up on the nose bridge, allowing them to look over the glasses without having to tilt their head down, easing neck strain.
Announced that Edison Nation is relaunching the Emmy award-fetching TV show, "Everyday Edisons." Everyday Edisons is an inspirational reality TV series produced under license by Edison Nation , which chronicles the stories of first-time inventors as they launch their unique products into the marketplace in conjunction with the Edison Nation product development platform.
Partnering with several Fortune 500 companies such as, Walmart, Target, Rite-Aid, Disney, Home Depot , and Amazon.
About Edison Nation , Inc.
Edison Nation , Inc. ( EDNT ), an inventor ecosystem driving IP , media and innovative consumer products. Edison offers innovation sourcing, design, sales, fulfillment and shipping services. Edison Nation's model is to source innovative ideas for internal launch or license to brand partners. Throughout 2019 and beyond, Edison Nation looks to establish prominence in the media space through its television show “Everyday Edisons” and additional properties such as Edison Academy. For more information, please visit http://www.edisonnation.com.
What does Edison Nation Do?
Since inception, Edison Nation has invested ~$11M to create a propriety open innovation platform, allowing inventors to safely and securely submit their ideas to be evaluated for various commercialization paths from licensing to, most recently, crowd funding.
Typical crowd funding product development cycle:
Edison Nation’s team of product designers and engineers then produce a ready for production prototype, and produce media in-house to launch a crowd funding campaign.
If a campaign is successful they will market the product in the “aftermarket” on sites such as Amazon & Jet
Products are generally manufactured in China with factories (we have 10+ year relationships, generally shipping within 4-6 weeks from order)
EDNT See Major Increase In Revenue and Gross Profit
Revenue and Gross Profit for the Second Quarter of 2019 Increased 36.0% and 61.8%, respectively; Driven by Successful Product Launches and Efficiencies Across Platform
"During the first half of 2019, EDNT achieved significant revenue growth of 49.7%, to $11.7 million, for the six months ended June 30, 2019, driven by the continued success of our IP and the scale of our consumer brands ,” said Chris Ferguson, Chief Executive Officer of Edison Nation . "The company continues to aggressively source innovative ideas via our proprietary Edison Nation Innovation Platform, which selects the ‘best-of-the-best' inventions utilizing proprietary algorithms, and brings them to market quickly. EDNT’s intellectual property, media, and consumer product launch engine will continue to drive growth in 2019 and beyond. Simultaneously, we are leveraging our combined platform to achieve significant operational and cost efficiencies”.
Financial Results for the Three Months Ended June 30, 2019
For the three months ended June 30, 2019, revenue increased 36.0% to $5.97 million, compared to $4.39 million in the same period in 2018. The increase in revenue was primarily attributed to successful product launches and scaling of EDNT’s acquired brands throughout 2018.
Gross profit increased 61.8% to $2.04 million in the second quarter of 2019, compared to $1.26 million in the second quarter of 2018. Gross profit margin was 34.2% in the second quarter of 2019, compared to 28.8%, in the same period in 2018. The increase is primarily a result of a favorable product mix of goods sold to customers.
Company Summary
• NASDAQ listed intellectual property and fully integrated consumer products company with three cored divisions:
Innovation – Unique Idea Submission Platform & Development of Intellectual Property
Build and Launch – Product and Package Development
Selling Division - Sale of branded products and custom products & packaging solutions
• March Q1 2019 Gross Revenue of $5.7mn
• Market Cap - $23.5mn based on approximately (6. 4mn shares outstanding as of June 3rd, 2019)
EDNT's Growth Strategy
Idea Submission & Selection Growth:
• The Return of the Emmy & Telly Award-Winning Show “Everyday Edisons”
• Mobile app version of Idea Submission Platform to debut Summer 2019
• Optimization of Idea/Product Selection using Big Data
Product Sales Growth:
• 6 Product Launches per quarter
• Sales growth via Omni-Channel approach
• Growth in DTC sales via Ecommerce Sales and Platform
Acquisition Opportunities:
• Purchase of 1-3 brands per year
Margin Expansion:
• Achieve integration efficiencies post merger and brand acquisitions
• Economies of scale through increased product launches
Revenue from Idea Submission Platform:
Licensing fees: match an innovator’s intellectual property with category leaders (i.e. Black+Decker, Bed Bath & Beyond , etc.)
Innovator can earn up to 50% of licensing fee
Product principals: provide innovators direct access to all of EDNT’s resources to create & sell new products
Innovators may receive a licensing fee or a percentage of profits
Acquisition driven revenue:
We acquire quality micro-brands that are accretive and take them to the next level
October 2018 - Acquisition of “Cloud b, Inc” a leading children’s sleep products company (http://www.cloudb.com)
$6.0mn 2018 Revenue, Gross margin of 45% (proforma and unaudited)
Develop custom products and packaging solutions for well known partners:
Disney, Marvel, Madison Square Garden & Universal Studios
Key Paths to Product Revenue:
Direct-to-Consumer platforms - Amazon, Walmart.com, Kickstarter etc.
Brick and Mortar
B2B distribution
Recent Developments:
April 2018 - IPO raised $6.5M @ $5.00/share on Nasdaq
September 2018 - Acquisition of Strategic Partner - Edison Nation , LLC
Consideration – approximately $950,000 cash, 990,000 shares of common stock and $1.4mn convertible debt
October 2018 - Acquisition of “Cloud b, Inc” a leading children’s sleep products company (http://www.cloudb.com)
Consideration - 489,293 shares, earnout with fair market value of $520,000
~$6.0mn 2018 Revenue, Gross Margin of 45% (proforma and unaudited)
Brand Launches during Six Months Ended May 2019:
Goodie Gusher, Pirasta, 911 Help Now, SmarterSpecs, Trillion Trees and EcoQuest
Market Outlook
Consumer Buying Habits are Shifting
The “retail apocalypse” is continuing as consumer purchasing habits trend towards online purchases.
The e-commerce market is expected to grow at a 13% CAGR to $682B by 2020.
Consumers are increasingly innovation driven with a need for instant gratification, as consumer desire for next-generation products surpasses the need for brand recognition.
The trend towards crowd funding (i.e. Kickstarter)is disrupting the legacy product development cycle through pre-ordering of products – financing product development while reducing sales risk.
Shifting consumer trends driving the growth of market places (i.e. Amazon) and crowd funding sites provide unique tailwinds for EDNT's growth.
Technical Analysis:
As most of you know, we love low-float picks like this one because of their potential for huge single-session gains.
EDNT is looking extremely attractive at our alert price of $2.04.
Traders who start their positions at out alert price could see themselves in the perfect low-risk/high-reward scenario.
EDNT is trading well below its 52-week high of $7.83.
A run-up back to that 52-week high would show traders gains of up to +283%!
The Bottom Line
We believe that EDNT has the potential to be one of the biggest gainers on the Nasdaq.
As such, we are urging all members to act fast, start their research, and make sure to add EDNT to the top of their watchlist!
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated fifteen thousand dollars by World Wide Holdings dba Invictus Resources LLC. to conduct investor relations advertising and marketing for EDNT . We have been previously compensated twenty thousand dollars by World Wide Holdings dba Invictus Resources LLC. to conduct investor relations advertising and marketing for EDNT -which has expired. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
EDNT our new low-float Nasdaq alert with huge upside potential.
=====================
Edison Nation , Inc. ( EDNT )
Alert Price: $2.04
Float: 2.93M
Investor Presentation
Website | Recent News
========================
Members,
We are kicking off this fresh week of trading with a low-float Nasdaq listed alert with tremendous upside potential.
Please turn your attention to Edison Nation , Inc. ( EDNT ).
Like several of our recent winning trade ideas, EDNT is a low float alert trading at the lower end of its 52-week price channel .
However, EDNT trades on the NASDAQ exchange, which makes it visible for potentially a bigger audience than normal OTC ideas.
We love these Nasdaq listed alerts because they tend to have more liquidity and higher investor confidence.
Speaking of investor confidence, you'll be happy to know that EDNT just reported blockbuster earnings numbers which have us bullish in this 2nd half of 2019.
Revenue and Gross Profit for the Second Quarter of 2019 Increased 36.0% and 61.8%, respectively
Bullish Catalysts for EDNT
A low float of just 2.9Mn shares.
Announced they are expanding on their inventor platform by adding two new features “Edison’s Design Challenge” and Entrepreneur Partnership.
Announced that Apothecary Products, a global leader in consumer wellness , has licensed the Ezy Dose Medi-Spout, a pill assisting bottle cap that utilizes patented technology to ease the swallowing of medication and vitamins.
Launched a new product line exclusively for its theme park and entertainment customers, which include Disney Parks and Resorts, as well as Universal Studios, among others.
Launched the "911 Help Now" pendant in March of 2019, in conjunction with a strategic sales and marketing association with Stealth Technologies, which had $800K in initial purchase orders from Audio America, a leading consumer electronics distributor.
Expanded sale of Goodie Gusher party product line into North America's retailers, growing its presence to approximately 640 retail store locations across the United States and Canada.
Introduced two new products in the toy and infant-sleep category: Lullaplayer and My Buddy Bernie. Lullaplayer is a children's MP3 player designed to look and feel like a classic portable record player. My Buddy Bernie is a voice activated, interactive playmate for kids that requires no set-up and works right out of the box.
Successfully entered the eyewear market in January 2019 with Smarter Specs, the first patented glasses with concave lenses, enabling consumers to wear the glasses higher up on the nose bridge, allowing them to look over the glasses without having to tilt their head down, easing neck strain.
Announced that Edison Nation is relaunching the Emmy award-fetching TV show, "Everyday Edisons." Everyday Edisons is an inspirational reality TV series produced under license by Edison Nation , which chronicles the stories of first-time inventors as they launch their unique products into the marketplace in conjunction with the Edison Nation product development platform.
Partnering with several Fortune 500 companies such as, Walmart, Target, Rite-Aid, Disney, Home Depot , and Amazon.
About Edison Nation , Inc.
Edison Nation , Inc. ( EDNT ), an inventor ecosystem driving IP , media and innovative consumer products. Edison offers innovation sourcing, design, sales, fulfillment and shipping services. Edison Nation's model is to source innovative ideas for internal launch or license to brand partners. Throughout 2019 and beyond, Edison Nation looks to establish prominence in the media space through its television show “Everyday Edisons” and additional properties such as Edison Academy. For more information, please visit http://www.edisonnation.com.
What does Edison Nation Do?
Since inception, Edison Nation has invested ~$11M to create a propriety open innovation platform, allowing inventors to safely and securely submit their ideas to be evaluated for various commercialization paths from licensing to, most recently, crowd funding.
Typical crowd funding product development cycle:
Edison Nation’s team of product designers and engineers then produce a ready for production prototype, and produce media in-house to launch a crowd funding campaign.
If a campaign is successful they will market the product in the “aftermarket” on sites such as Amazon & Jet
Products are generally manufactured in China with factories (we have 10+ year relationships, generally shipping within 4-6 weeks from order)
EDNT See Major Increase In Revenue and Gross Profit
Revenue and Gross Profit for the Second Quarter of 2019 Increased 36.0% and 61.8%, respectively; Driven by Successful Product Launches and Efficiencies Across Platform
"During the first half of 2019, EDNT achieved significant revenue growth of 49.7%, to $11.7 million, for the six months ended June 30, 2019, driven by the continued success of our IP and the scale of our consumer brands ,” said Chris Ferguson, Chief Executive Officer of Edison Nation . "The company continues to aggressively source innovative ideas via our proprietary Edison Nation Innovation Platform, which selects the ‘best-of-the-best' inventions utilizing proprietary algorithms, and brings them to market quickly. EDNT’s intellectual property, media, and consumer product launch engine will continue to drive growth in 2019 and beyond. Simultaneously, we are leveraging our combined platform to achieve significant operational and cost efficiencies”.
Financial Results for the Three Months Ended June 30, 2019
For the three months ended June 30, 2019, revenue increased 36.0% to $5.97 million, compared to $4.39 million in the same period in 2018. The increase in revenue was primarily attributed to successful product launches and scaling of EDNT’s acquired brands throughout 2018.
Gross profit increased 61.8% to $2.04 million in the second quarter of 2019, compared to $1.26 million in the second quarter of 2018. Gross profit margin was 34.2% in the second quarter of 2019, compared to 28.8%, in the same period in 2018. The increase is primarily a result of a favorable product mix of goods sold to customers.
Company Summary
• NASDAQ listed intellectual property and fully integrated consumer products company with three cored divisions:
Innovation – Unique Idea Submission Platform & Development of Intellectual Property
Build and Launch – Product and Package Development
Selling Division - Sale of branded products and custom products & packaging solutions
• March Q1 2019 Gross Revenue of $5.7mn
• Market Cap - $23.5mn based on approximately (6. 4mn shares outstanding as of June 3rd, 2019)
EDNT's Growth Strategy
Idea Submission & Selection Growth:
• The Return of the Emmy & Telly Award-Winning Show “Everyday Edisons”
• Mobile app version of Idea Submission Platform to debut Summer 2019
• Optimization of Idea/Product Selection using Big Data
Product Sales Growth:
• 6 Product Launches per quarter
• Sales growth via Omni-Channel approach
• Growth in DTC sales via Ecommerce Sales and Platform
Acquisition Opportunities:
• Purchase of 1-3 brands per year
Margin Expansion:
• Achieve integration efficiencies post merger and brand acquisitions
• Economies of scale through increased product launches
Revenue from Idea Submission Platform:
Licensing fees: match an innovator’s intellectual property with category leaders (i.e. Black+Decker, Bed Bath & Beyond , etc.)
Innovator can earn up to 50% of licensing fee
Product principals: provide innovators direct access to all of EDNT’s resources to create & sell new products
Innovators may receive a licensing fee or a percentage of profits
Acquisition driven revenue:
We acquire quality micro-brands that are accretive and take them to the next level
October 2018 - Acquisition of “Cloud b, Inc” a leading children’s sleep products company (http://www.cloudb.com)
$6.0mn 2018 Revenue, Gross margin of 45% (proforma and unaudited)
Develop custom products and packaging solutions for well known partners:
Disney, Marvel, Madison Square Garden & Universal Studios
Key Paths to Product Revenue:
Direct-to-Consumer platforms - Amazon, Walmart.com, Kickstarter etc.
Brick and Mortar
B2B distribution
Recent Developments:
April 2018 - IPO raised $6.5M @ $5.00/share on Nasdaq
September 2018 - Acquisition of Strategic Partner - Edison Nation , LLC
Consideration – approximately $950,000 cash, 990,000 shares of common stock and $1.4mn convertible debt
October 2018 - Acquisition of “Cloud b, Inc” a leading children’s sleep products company (http://www.cloudb.com)
Consideration - 489,293 shares, earnout with fair market value of $520,000
~$6.0mn 2018 Revenue, Gross Margin of 45% (proforma and unaudited)
Brand Launches during Six Months Ended May 2019:
Goodie Gusher, Pirasta, 911 Help Now, SmarterSpecs, Trillion Trees and EcoQuest
Market Outlook
Consumer Buying Habits are Shifting
The “retail apocalypse” is continuing as consumer purchasing habits trend towards online purchases.
The e-commerce market is expected to grow at a 13% CAGR to $682B by 2020.
Consumers are increasingly innovation driven with a need for instant gratification, as consumer desire for next-generation products surpasses the need for brand recognition.
The trend towards crowd funding (i.e. Kickstarter)is disrupting the legacy product development cycle through pre-ordering of products – financing product development while reducing sales risk.
Shifting consumer trends driving the growth of market places (i.e. Amazon) and crowd funding sites provide unique tailwinds for EDNT's growth.
Technical Analysis:
As most of you know, we love low-float picks like this one because of their potential for huge single-session gains.
EDNT is looking extremely attractive at our alert price of $2.04.
Traders who start their positions at out alert price could see themselves in the perfect low-risk/high-reward scenario.
EDNT is trading well below its 52-week high of $7.83.
A run-up back to that 52-week high would show traders gains of up to +283%!
The Bottom Line
We believe that EDNT has the potential to be one of the biggest gainers on the Nasdaq.
As such, we are urging all members to act fast, start their research, and make sure to add EDNT to the top of their watchlist!
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
DISCLAIMER
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ICTS JUMPS ON MAJOR CONTRACT WIN, MORE TO COME.
SCHIPHOL OOST, Netherlands, Aug. 15, 2019 /PRNewswire/ -- ICTS International N.V (ICTSF) through one of the Group companies, I-SEC Deutsche Luftsicherheit SE & Co. KG, is expanding its operations at Frankfurt Airport. Winning the new tender establishes I-SEC's position as one of the leading providers of aviation security at Frankfurt Airport. Winning the contract further confirms the company's stable positioning, and its growing share in the demanding market of aviation security.
Starting January 1, 2020, I-SEC will take over the security control of Terminal 1, Level 4.
Since 2013, I-SEC security services have been deployed at various locations at Germany's largest commercial airport. In 2018, a total of 69.5 million passengers have used Frankfurt Airport.
Menachem Atzmon, Chairman of the ICTS International N.V Supervisory Board, said, "The winning of the new tender in Frankfurt Airport proves again our commitment to excellence and professionality and we appreciate the trust on us."
"We are grateful for the confidence that the BMI (Federal Ministry of Interiors, Construction and Homeland) places in us. Winning of this bid demonstrates our commitment to excellence, reliability and continuous growth," said Glen Murphy, Managing Director of I-SEC I-SEC Deutsche Luftsicherheit SE & Co. KG.
About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. The company also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security, while accelerating the security check process. For more information, visit http://www.icts-int.com.
ICTS JUMPS ON MAJOR CONTRACT WIN, MORE TO COME.
SCHIPHOL OOST, Netherlands, Aug. 15, 2019 /PRNewswire/ -- ICTS International N.V (ICTSF) through one of the Group companies, I-SEC Deutsche Luftsicherheit SE & Co. KG, is expanding its operations at Frankfurt Airport. Winning the new tender establishes I-SEC's position as one of the leading providers of aviation security at Frankfurt Airport. Winning the contract further confirms the company's stable positioning, and its growing share in the demanding market of aviation security.
Starting January 1, 2020, I-SEC will take over the security control of Terminal 1, Level 4.
Since 2013, I-SEC security services have been deployed at various locations at Germany's largest commercial airport. In 2018, a total of 69.5 million passengers have used Frankfurt Airport.
Menachem Atzmon, Chairman of the ICTS International N.V Supervisory Board, said, "The winning of the new tender in Frankfurt Airport proves again our commitment to excellence and professionality and we appreciate the trust on us."
"We are grateful for the confidence that the BMI (Federal Ministry of Interiors, Construction and Homeland) places in us. Winning of this bid demonstrates our commitment to excellence, reliability and continuous growth," said Glen Murphy, Managing Director of I-SEC I-SEC Deutsche Luftsicherheit SE & Co. KG.
About ICTS International N.V.
ICTS specializes in the development and implementation of innovative security concepts and solutions designed to meet the needs of a variety of industries, mainly aviation transportation, border control and sensitive facilities. ICTS International benefits from over two decades of expertise and international operational experience in transportation security, with a particular emphasis on high-risk environments, passenger processing transactions and the integration of security services to provide a comprehensive security solution. The company also offers a wide variety of customized training programs, tailored procedures and a wide range of security consulting services. The company has developed and implemented unique technological solutions, based on its comprehensive approach to security, designed to enhance the level of security, while accelerating the security check process. For more information, visit http://www.icts-int.com.
MDCL- MEDICINE MAN TECH HAS TREMENDOUS GROWTH, BULLISH.
Transcript from most recent earnings report.
Comparison of Results of Operations for the three months ended June 30, 2019 and 2018
During the three months ended June 30, 2019, we generated revenues of $1,757,819 including (i) product sales of $1,331,979, (ii) consulting, licensing and Cultivation Max fees of $422,596, and ( iii ) other operating revenues of $3,244 as compared with the three months ended June 30, 2018, where we generated revenues of $1,417,687 including (i) product sales of $380,699, (ii) consulting, licensing and Cultivation Max fees of $1,010,761, and ( iii ) other operating revenues of $26,227. Revenue for the three months ended June 30, 2019 increased by $340,132, or approximately 24.0%, over the three months ended June 30, 2018.
Cost of goods and services, consisting of expenses related to delivery of services and product procurement, was $1,086,413 during the three months ended June 30, 2019, compared to $380,396 during the comparable period in 2018. This increase was due to increased sales of product and increased salaries and related employment costs.
Operating expenses during the three months ended June 30, 2019, were $9,014,276, compared to operating expenses of $884,119 incurred during the three months ended June 30, 2018, an increase of $8,130,157. The increase during the three-month period ended June 30, 2019 was primarily attributable to non-cash, stock-based compensation and derivative liability charges.
As a result, we generated a net loss of $8,822,650 during the three months ended June 30, 2019 (or a loss of approximately $0.30 per share), compared to net income of $181,692 during the three months ended June 30, 2018.
Comparison of Results of Operations for the six months ended June 30, 2019 and 2018
During the six months ended June 30, 2019, we generated revenues of $3,761,295 including (i) product sales of $2,876,279, (ii) consulting, licensing and Cultivation Max fees of $876,265, and ( iii ) other operating revenues of $8,751 as compared with the six months ended June 30, 2018, where we generated revenues of $2,628,724 including (i) product sales of $840,034, (ii) consulting, licensing and Cultivation Max fees of $1,728,258, and ( iii ) other operating revenues of $60,402. Revenue for the six months ended June 30, 2019 increased by $1,132,571, or approximately 43.1%, over the six months ended June 30, 2018.
Cost of goods and services, consisting of expenses related to delivery of services and product procurement, was $2,685,125 during the six months ended June 30, 2019, compared to $753,914 during the comparable period in 2018. This increase was due to increased sales of product and increased salaries and related employment costs.
Operating expenses during the six months ended June 30, 2019, were $11,647,067, compared to operating expenses of $1,703,611 incurred during the six months ended June 30, 2018, an increase of $9,943,456. The increase during the three-month period ended June 30, 2019 was primarily attributable to non-cash, stock-based compensation and derivative liability charges.
As a result, we generated a net loss of $11,734,468 during the six months ended June 30, 2019 (or a loss of approximately $0.40 per share), compared to net income of $207,116 during the six months ended June 30, 2018.
Liquidity and Capital Resources
At June 30, 2019, we had $4,347,495 in cash on hand.
Net cash used in operating activities was $733,348 during the six-month period ended June 30, 2019, compared to cash used from operating activities of $857,400 for the similar period in 2018, a decrease of $124,052.
Cash flows used for investing activities was $242,670 during the six-month period ended June 30, 2019, compared to cash used of $40,092 for the similar period in 2018.
Cash flows from financing activities was $5,001,725 during the six-month period ended June 30, 2019, compared to $1,000,000 for the similar period in 2018. During the six months ended June 30, 2019, the Company received proceeds of $4,400,000 from the private sale of our common stock as compared to $1,000,000 in proceeds from the private sale of our common stock during the six months ended June 30, 2018. Additionally, the Company received $601,725 in proceeds in connection with the exercise of common stock purchase warrants during the six-month period ended June 30, 2019.
While no assurances can be provided, we believe we will generate positive cash flow from our operations in 2019. If we are successful in achieving this objective, of which there can be no assurance, we do not believe we will need to raise any additional capital and that the revenue generated will be sufficient to allow us to implement our current business plan. However, if we do not generate positive cash flow, or we identify an acquisition which we believe will significantly impact our business operations in a positive manner, or unforeseen developments occur, we may need to raise additional capital, either debt, equity or both. At this time, we are unable to state how much capital we will need. As of the date of this Report we have no commitment from any investor or investment-banking firm to provide us with any funding and there can be no assurances we will obtain such funding in the future. Failure to obtain this additional financing may have a material negative impact on our ability to generate profits on a regular basis in the future.
AVERAGE ANALYSTS PRICE TARGET
AVERAGE ANALYSTS RECOMMENDATION
P/E RATIO
SHORT INTEREST
MDCL- MEDICINE MAN TECH HAS TREMENDOUS GROWTH, BULLISH.
Transcript from most recent earnings report.
Comparison of Results of Operations for the three months ended June 30, 2019 and 2018
During the three months ended June 30, 2019, we generated revenues of $1,757,819 including (i) product sales of $1,331,979, (ii) consulting, licensing and Cultivation Max fees of $422,596, and ( iii ) other operating revenues of $3,244 as compared with the three months ended June 30, 2018, where we generated revenues of $1,417,687 including (i) product sales of $380,699, (ii) consulting, licensing and Cultivation Max fees of $1,010,761, and ( iii ) other operating revenues of $26,227. Revenue for the three months ended June 30, 2019 increased by $340,132, or approximately 24.0%, over the three months ended June 30, 2018.
Cost of goods and services, consisting of expenses related to delivery of services and product procurement, was $1,086,413 during the three months ended June 30, 2019, compared to $380,396 during the comparable period in 2018. This increase was due to increased sales of product and increased salaries and related employment costs.
Operating expenses during the three months ended June 30, 2019, were $9,014,276, compared to operating expenses of $884,119 incurred during the three months ended June 30, 2018, an increase of $8,130,157. The increase during the three-month period ended June 30, 2019 was primarily attributable to non-cash, stock-based compensation and derivative liability charges.
As a result, we generated a net loss of $8,822,650 during the three months ended June 30, 2019 (or a loss of approximately $0.30 per share), compared to net income of $181,692 during the three months ended June 30, 2018.
Comparison of Results of Operations for the six months ended June 30, 2019 and 2018
During the six months ended June 30, 2019, we generated revenues of $3,761,295 including (i) product sales of $2,876,279, (ii) consulting, licensing and Cultivation Max fees of $876,265, and ( iii ) other operating revenues of $8,751 as compared with the six months ended June 30, 2018, where we generated revenues of $2,628,724 including (i) product sales of $840,034, (ii) consulting, licensing and Cultivation Max fees of $1,728,258, and ( iii ) other operating revenues of $60,402. Revenue for the six months ended June 30, 2019 increased by $1,132,571, or approximately 43.1%, over the six months ended June 30, 2018.
Cost of goods and services, consisting of expenses related to delivery of services and product procurement, was $2,685,125 during the six months ended June 30, 2019, compared to $753,914 during the comparable period in 2018. This increase was due to increased sales of product and increased salaries and related employment costs.
Operating expenses during the six months ended June 30, 2019, were $11,647,067, compared to operating expenses of $1,703,611 incurred during the six months ended June 30, 2018, an increase of $9,943,456. The increase during the three-month period ended June 30, 2019 was primarily attributable to non-cash, stock-based compensation and derivative liability charges.
As a result, we generated a net loss of $11,734,468 during the six months ended June 30, 2019 (or a loss of approximately $0.40 per share), compared to net income of $207,116 during the six months ended June 30, 2018.
Liquidity and Capital Resources
At June 30, 2019, we had $4,347,495 in cash on hand.
Net cash used in operating activities was $733,348 during the six-month period ended June 30, 2019, compared to cash used from operating activities of $857,400 for the similar period in 2018, a decrease of $124,052.
Cash flows used for investing activities was $242,670 during the six-month period ended June 30, 2019, compared to cash used of $40,092 for the similar period in 2018.
Cash flows from financing activities was $5,001,725 during the six-month period ended June 30, 2019, compared to $1,000,000 for the similar period in 2018. During the six months ended June 30, 2019, the Company received proceeds of $4,400,000 from the private sale of our common stock as compared to $1,000,000 in proceeds from the private sale of our common stock during the six months ended June 30, 2018. Additionally, the Company received $601,725 in proceeds in connection with the exercise of common stock purchase warrants during the six-month period ended June 30, 2019.
While no assurances can be provided, we believe we will generate positive cash flow from our operations in 2019. If we are successful in achieving this objective, of which there can be no assurance, we do not believe we will need to raise any additional capital and that the revenue generated will be sufficient to allow us to implement our current business plan. However, if we do not generate positive cash flow, or we identify an acquisition which we believe will significantly impact our business operations in a positive manner, or unforeseen developments occur, we may need to raise additional capital, either debt, equity or both. At this time, we are unable to state how much capital we will need. As of the date of this Report we have no commitment from any investor or investment-banking firm to provide us with any funding and there can be no assurances we will obtain such funding in the future. Failure to obtain this additional financing may have a material negative impact on our ability to generate profits on a regular basis in the future.
AVERAGE ANALYSTS PRICE TARGET
AVERAGE ANALYSTS RECOMMENDATION
P/E RATIO
SHORT INTEREST
INNV - INNOVUS PHARMA has huge upside potential, bullish technically.
EARNINGS CALL TRANSCRIPT FROM BASSAM DAMAJ ( CEO )(source seeking alpha)
Our business and financial performance keep improving as we continued to control our top line revenue, increased our net margin and decrease our cash burn from operations and our net loss as you have seen from our second quarter filing this afternoon with the SEC. Specifically, we increased our revenue to approximately $6.8 million which is an increase of $1.2 million or 27% compared to prior quarter.
Year-to-date revenue approximately $12.2 million in 2019, compared to $11.9 million in 2018. We increased focused on our highly profitable Canadian market representing 26% for the three months ended June 30, 2019, compared with only 13% for the previous quarter.
Quarterly product subscription and outbound concierge net revenue of $1.1 million compared to $0.7 million in the prior year, which makes it a 57.1% increase and this resulted in the following company financial improvement.
INNV - INNOVUS PHARMA has huge upside potential, bullish technically.
EARNINGS CALL TRANSCRIPT FROM BASSAM DAMAJ ( CEO )(source seeking alpha)
Our business and financial performance keep improving as we continued to control our top line revenue, increased our net margin and decrease our cash burn from operations and our net loss as you have seen from our second quarter filing this afternoon with the SEC. Specifically, we increased our revenue to approximately $6.8 million which is an increase of $1.2 million or 27% compared to prior quarter.
Year-to-date revenue approximately $12.2 million in 2019, compared to $11.9 million in 2018. We increased focused on our highly profitable Canadian market representing 26% for the three months ended June 30, 2019, compared with only 13% for the previous quarter.
Quarterly product subscription and outbound concierge net revenue of $1.1 million compared to $0.7 million in the prior year, which makes it a 57.1% increase and this resulted in the following company financial improvement.
DANOY- Danone on bullish trajectory to $19
Danone sits at the sweet spot of health conscious consumers with a wide array of products. It is long established with a very unique brand identity and despite its heritage, it is more than willing to change with current trends.
The chart is on extremely bullish trajectory and that looks set to continue.
AVERAGE ANALYSTS PRICE TARGET $18.63
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO
DANOY- Danone on bullish trajectory to $19
Danone sits at the sweet spot of health conscious consumers with a wide array of products. It is long established with a very unique brand identity and despite its heritage, it is more than willing to change with current trends.
The chart is on extremely bullish trajectory and that looks set to continue.
AVERAGE ANALYSTS PRICE TARGET $18.63
AVERAGE ANALYSTS RECOMMENDATION overweight
P/E RATIO
Simplicity Esports closes major acquisition of Playlive
Boca Raton, Florida, July 31, 2019 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (WINR) (“Simplicity Esports”) announced today that it has closed the previously announced acquisition ofPLAYlive Nation, Inc. (“PLAYlive”).PLAYlive has a network of 44 franchised Gaming Centers across 11 states, including but not limited to, California, Washington, Arizona, and Texas, serving over 150,000 unique gamers annually. PLAYlive Centers are highly complimentary to Simplicity Esports Gaming Centers, that offer gamers a specialized entertainment gaming experience within a social setting.
Jed Kaplan, CEO of Simplicity Esports, stated, “I look forward to increasing the focus of current and future PLAYlive Gaming Centers on esports, as we integrate the Simplicity Esports brand.We expect that competitive tournaments, grass roots community leagues, and special events centered around esports will attract a broadened population of gamers, from diverse backgrounds, to our Gaming Centers.Having a nationwide footprint of esports Gaming Centers gives us the opportunity to allow our fan base to meet, engage, and play against our professional players, as they tour the country and stop in for unique promotional events.”
The equity owners of PLAYlive received 750,000 shares of Simplicity Esports restricted common stock as full consideration for the acquisition, demonstrating the former PLAYlive owners’ confidence in Simplicity Esports and its management.
Members of PLAYlive’s management team, including Duncan Wood, its CEO , will remain in their current roles after the closing and have entered into three-year employment agreements with Simplicity Esports.Mr. Wood will also be nominated by Simplicity Esports for a seat on the Board of Directors at its next annual shareholder meeting.
Duncan Wood, CEO of PLAYlive stated, “We continue to discover new and attractive projects to undertake with Simplicity Esports.I am confident the merger of PLAYlive Nation and Simplicity Esports will create shareholder value, and honored the board of directors desired for me to maintain my position with PLAYlive Nation, as well as be nominated to join the board.I will strive to progress our organization in the best manner possible while honoring my belief in core leadership and continue my commitment to providing the best environment for our customers and staff.”
Simplicity Esports closes major acquisition of Playlive
Boca Raton, Florida, July 31, 2019 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (WINR) (“Simplicity Esports”) announced today that it has closed the previously announced acquisition ofPLAYlive Nation, Inc. (“PLAYlive”).PLAYlive has a network of 44 franchised Gaming Centers across 11 states, including but not limited to, California, Washington, Arizona, and Texas, serving over 150,000 unique gamers annually. PLAYlive Centers are highly complimentary to Simplicity Esports Gaming Centers, that offer gamers a specialized entertainment gaming experience within a social setting.
Jed Kaplan, CEO of Simplicity Esports, stated, “I look forward to increasing the focus of current and future PLAYlive Gaming Centers on esports, as we integrate the Simplicity Esports brand.We expect that competitive tournaments, grass roots community leagues, and special events centered around esports will attract a broadened population of gamers, from diverse backgrounds, to our Gaming Centers.Having a nationwide footprint of esports Gaming Centers gives us the opportunity to allow our fan base to meet, engage, and play against our professional players, as they tour the country and stop in for unique promotional events.”
The equity owners of PLAYlive received 750,000 shares of Simplicity Esports restricted common stock as full consideration for the acquisition, demonstrating the former PLAYlive owners’ confidence in Simplicity Esports and its management.
Members of PLAYlive’s management team, including Duncan Wood, its CEO , will remain in their current roles after the closing and have entered into three-year employment agreements with Simplicity Esports.Mr. Wood will also be nominated by Simplicity Esports for a seat on the Board of Directors at its next annual shareholder meeting.
Duncan Wood, CEO of PLAYlive stated, “We continue to discover new and attractive projects to undertake with Simplicity Esports.I am confident the merger of PLAYlive Nation and Simplicity Esports will create shareholder value, and honored the board of directors desired for me to maintain my position with PLAYlive Nation, as well as be nominated to join the board.I will strive to progress our organization in the best manner possible while honoring my belief in core leadership and continue my commitment to providing the best environment for our customers and staff.”