The Mine That Bird of OTC traders.. also the greatest trader you've never heard of.
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We'll see, with this OS weird stuff can happen regardless of news, already had the March run and then the second mini run, hoping 3's the charm here.
Of course I meant... THAN the earlier 10k.
Remember, according to the filings they've already acquired E-Motion (& 1 mil potential back ordered revenue.. "claimed" anyway) and Miss Cleo. Not sure about Sahaja but that may be a done deal as well.. as some of their PR's give that impression anyway.
Whatever timetable works for each of us is the one we should go with, but we should also stay on em & not give em too much slack IMO
Late May the 10Q should be released, this to me is much more important then the earlier 10k.
They claimed to have 1 million in back orders from the nice hippy lady alone back in February, so if any of that is true then it should show on the quarterly which will be out in late May if they remain fully reporting. Not saying this will do anything overnight, but substantial revenue like that in the quarterly report should move it. I think given where they claim to be, September is a reasonable "patience" target vs. next year.
Honestly the current decline feels more like pre-run games then a collapse. Fully prepared to be wrong though & my opinion only.
Wishing a great Easter and weekend to all my fellow Bitzoidians.
Yup, though I wouldn't be too upset if by some odd chance it pulled an SPLI (when it was going up) instead!
What you say would apply to a typical OTC stock, but I'm here because I think this might be a rule breaker, I.E. a real medium- longer term investment. Hoping for a FROZ type situation, where real acquisitions and revenue from those businesses are the story later this year. No guarantees in pennyland though as we all should know.
Only one thing this stock needs... revenues. No dilution other then for acquisitions, (Why would anyone with the potential of an INKKAS want to attach to a diluted stock?) and no promotion needed if they can pull it off.
My guess is if they are successful and you want to see this move, you'll have to wait till summer when the acquisitions are complete and the quarterly report is released discussing potential earnings IMO.
From the current O/S (+50 for Miss Cleo and another +50) I would guess the Sahaja or some other acquisition has been completed and we should be seeing an 8k shortly.. IMO
Or Oprah gardening in a pair of ZMJ Denim jeans and Inkkas. Sounds like it's time to get those back orders filled and brand acquisitions finalized!
Missed this from the-> bizjournal article a while back..
"Three months ago, Democratique acquired its first fashion company, E-Motion Apparel, for which it led a complete rebranding effort, assembled a team of sales reps, and defined distribution channels. It initially had $300,000 a year in revenues, but the company now has $1 million in back orders."
Shareholders want INKKAS from the investors deck next IMO
I can see ZMJ and Inkkas (which they haven't even officially said they intend to acquire) could both be huge on their own IMO.. together.. in one company, well.. holding my breath to see if it actually happens..
To secure the remaining companies I think the O/S will probably increase to the 400-600mil range, but it will be well worth it if you see the potential.. and potential revenue from these brands IMO.
Better to have dilution in order to acquire something of actual value, that is rare in OTC..
Lets hope, as long as they officially acquire the companies, then any revenues said companies take in are part of BTZO.
Check the INKKAS brand from the investors deck, you don't have to be a fashion guru to see chicks will love it. If they can land that company it could be huge. From INKKAS facebook page it looks like they are already bringing in some decent revenue IMO.
Weren't ever going to be revenues in that 10k, it's mainly backwards looking..
Backwards looking but..
They seem to have improved their financial situation by getting rid of the old business, and they have money coming from the fund buying preferred shares.
That said, I wish they would:
1: Complete the remaining acquisitions ASAP.
2: Get INKKAS in the fold immediately!
3: Start the marketing and get the revenues going!
In summary -> Time to get moving!
From the investor deck..
I hope they choose Inkkas next, that would be another triple, and combined with ZMJ Denim maybe even a solo to two run HR over time. From there relax, develop the great group of products, let the revenues flow hopefully, and enjoy the ride IMO.
Considering this may have revs soon with a 500k market cap, and some of the low to no revenue high flyers out there are currently trading with 50-100mil+ market caps, those were smart buys IMO!
lol, I'm sure if I found them, any company truly interested in acquiring an existing hemp brand would find them as well.. IMO
That company is impressive, I also wish they'd consider a company that maybe made more then 1 mil though... there are some great California Hemp brands I've found making around 1.5 - 2mil in rev currently... lol
Chart looks good, for me as a non chartist, I focus on the 50 and 200 day, along with the McDonald's flow and risy. From what I've read, the FeBreze numbers can be controversial.. as some feel they always fit into a hindsight view, and can get traders in trouble causing them to either sell too soon, or buy too late into a run. Regardless, keep up the great work sir!
O/S remains around the same, but authorized is 2bil.
Doing my own double D's this evening and..
That INKKAS brand in particular looks very promising. From their social media following, it makes me wonder what type of revenues they already generate in relation to the 1 mil threshold for acquisitions..
The only thing that will make this move "instantly" is the addition of a hemp line, then it would go, and it would go far above a penny IMO when considering the explosive current share structure.
If not then it will be a longer term hold that will move on revenue. It's sad that everything is about pot right now because this stock already has more on the table and more going for it IMO then MANY stocks trading in the pennies, nickels, and even dimes. Some of those penny & nickel stocks even have a BILLION or more O/S as well.. it's crazy.
I'm glad BTZO isn't running today because the whole Ultimate Warrior thing would have made it less enjoyable.
Good group of people on this board. .015 would be great but hoping for .04 for everyone. Whatever next week brings, please remind me to secure my initial investment should the price advance past .0059!
Yes exactly! IMO
He may be one of those technologists and drawing estimates from the risy number IMO.
The hardest part of trading stocks, you don't want to be the guy who held at .015 if it goes back to .004, and you don't want to be the guy who sold at .015 if it goes to .07 unexpectedly either.
Even better since the only stocks I like are sub penny QB's!
Keep in mind, the coming 10k will be backwards looking I believe.. before we had the nice hippy lady, wool sweater guy, Miss Cleo, and Whooprah? (speculation and wishing... opinion only) jeans.
Don't forget the 5/1 OTCQB rule..
With the building momentum, if they have anything left in the pipeline to spark a move, next week would seem to be the time to "drop the hammer" in order to meet the new requirement IMO.
Group has been pretty good with not diluting, so other then for acquisition of new companies, hoping that trend continues for a bit..
Solid day sir, slow and steady can sometimes be the ones that people talk about years later IMO..
Also, as a non chartist, I believe this closed above the 200 day moving average, something that did not happen last time around.
Good day IMO
Analyzing the situation now sir..
Analyzing..
As a "mostly" NON CHARTIST, everything seems to check out. The McDonald's flow in particular resonates with me.
Using my primary method of "instinct" and "The Force", I too would not be surprised to see a second run, and if it happens, an extrapolation of the extra beefiness of the current BTZO vs BTZO circa early March, would suggest a breach of the previous highs and a better chance of maintaining a decent portion of any new levels attained IMO.
The only other question is.. is everything now on the table, (and the table looks good IMO) or is something else in the pipeline that we aren't even aware of yet, that could make things even better? Either way, as a Bitzoidian, I'm pleased with both your chart and the latest moves.
Summary of today's action..
Smely Alexandra wins, but..
Mine that BTZO... IMO
That's what happened a month ago, but BTZO would seem to be a bit "beefier" now IMO, no pun intended.
A/S 2bil O/S remains > 200mil I believe.