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Brad12 — Today at 5:32 PM
Dave has to go and he will once everything is in place. You complaining won’t speed that up, it’ll happen when it happens. But why is no one really talking about the numbers. Like this for instance:
They have 291.6mm in revenue that will be recognized in the next 12 months already in process. While I’m sure some residential is included, that has to be a big backlog of commercial projects underway and will be completed in the next 12 months. That’s some big time cash flow that will be coming in
Without doing any new deals/contracts they already have a bright next 12 months. Let that sink in.
What's the problem here?
Alpine 4 Holdings receives additional noncompliance notification from Nasdaq
Nov. 28, 2022 12:35 AM ETAlpine 4 Holdings, Inc. (ALPP)
Alpine 4 Holdings (NASDAQ:ALPP) has received an additional staff determination notice from the Nasdaq.
Notice from Nasdaq stated that it did not receive Form 10-Q from ALPP for the quarterly period ended September 30 and hence not in compliance with Nasdaq listing rule.
The company has 60 calendar days from November 21, to submit to Nasdaq a plan outlining Alpine 4's anticipated steps to regain compliance with the listing rule.
Alpine 4 plans to submit the plan explaining the strategy to make the required SEC filings, and to regain compliance with the listing rule.
Look to Alpine 4 for big gains..
Electric stuff: Tesla preps for first Semi deliveries as it breaks into Class 8 market
Nov. 27, 2022 11:58 AM ET
Tesla (NASDAQ:TSLA) will hold an event on December 1 at the Gigafactory in Nevada to commemorate the first deliveries of the all-electric Semi Class 8 truck.
Ahead of the event, Elon Musk said the Tesla (TSLA) team completed a 500-mile drive with a Tesla Semi weighing in at 81K pounds. The Class 8 entry is estimated to charge up to 70% level in 30 minutes and consumes less than 2 kWh per mile. The Semi truck is powered by four independent motors on the rear axle that can provide a 60 mph speed up a 5% grade. The drag coefficient is said to be 0.36 vs. the average truck-trailer combo coefficient of 6.08.
Tesla (TSLA) has a target to produce 50K Tesla Semi units a year in 2024. That tally would be impressive for the Class 8 market, where industry heavyweight Freightliner (DTROUY) has sold between 70K to 100K trucks a year recently.
PepsiCo (PEP) is expected to be one the first customers to received the electric truck. However, PepsiCo is not the only beverage company with a plan to use electric trucks for deliveries. Anheuser-Busch InBev (BUD) has ordered electric trucks from BYD Company (OTCPK:BYDDF) and Nikola (NKLA), as well as placing a deposit with TSLA for the Semi. Meanwhile, Coca-Cola Europacific Partners (CCEP) recently started using battery trucks from the Renault for local trips in Belgium.
What to watch: The Tesla (TSLA) event later in the week could be a catalyst for the stock if it leads to discussion on more corporate deposits and a future revenue stream. Shares of Tesla have been active in the past the day before and after product reveal events. Read about more events scheduled for next week in Seeking Alpha's Catalyst Watch.
Here comes Tesla to challenge Nikola.
https://seekingalpha.com/news/3911440-electric-stuff-tesla-preps-for-first-semi-deliveries-as-it-breaks-into-class-8-market?mailingid=29817003&messageid=2900&serial=29817003.18505&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=29817003.18505
$7 this week!!!
The next two weeks should be very telling.
Looking for some big announcements and news of SIRC's great future.
The stock has bottomed.
Pick up cheap shares while they last!
Excellent comparison Mercutos!
Just shows how effectively and efficiently Dave Massey is running this powerhouse!
Great company. Great CEO!
Buy as much as you can at these ridiculously low prices.
$225M revs and profit for 2022!!!
I accumulated most of my shares when the stock was below a dime. Never thought we would see a chance to load shares on the cheap again, but here it is.
Accumulate or be left in the dust.
???
Net comprehensive loss attributed to stockholders of iQSTEL Inc. $(69,422)
"Potential uplist" is not a positive. It implies a reverse stock split. Without solid numbers it will not be wise to uplist. SP will just drift down.
Hold off on the uplist until performance improves.
We are going in the right direction but need more time.
If this stock is under promotion, It's not working LOL
SurgePays Keeps Growing
Nov. 17, 2022 2:23 PM ETSurgePays, Inc.
Revenues up 149%, following subscriber growth but the bottom line isn't yet improving as a result of upfront costs (the tablets, sales commissions, etc.) keep increasing.
New financing based on government receivables is as good as done, should remove a bottleneck as they can pre-finance more tablets.
Selling ACP broadband subscriptions through their network of convenience stores will boost the growth of both shops in the networks as ACP subscribers, win-win.
Upfront cost, which rises hand-in-hand with new subscribers, cloud the view on rapidly improving fundamentals, but that won't last forever. The shares are cheap, in our opinion.
5G Sunset Cell Tower: Cellular communications tower for mobile phone and video data transmission
SurgePays (NASDAQ:SURG) offers fintech products through its network of third-party convenience shops that mostly serve the underbanked. These shops have installed SurgePays' software with which they can process stuff like pre-paid cards and top-ups for pre-paid wireless phone services.
It has to be recognized that the company has a unique market position here, but it hasn't been able to monetize this as the products it sells through the network are low-margin third-party products.
However, the company's fortunes changed when the company started selling mobile broadband subscriptions subsidized (read, paid for) by the ACP, the Affordable Connectivity Plan, a bipartisan government initiative to provide internet access for poor communities.
These communities suffered on multiple fronts during the pandemic through a lack of access to online education, health, and jobs. Some 50M households qualify for ACP, but only 14M (or 28%) have applied, there is still a huge market out there.
Things accelerated with the acquisition of Torch Wireless, which enabled it to expand these services to all states. The company serves as an MVNO (mobile virtual network operator) using AT&T (T) and T-Mobile's (TMUS) wireless backbones.
This costs them roughly $15 per subscriber, depending on data usage but efforts are underway to squeeze this towards $10 (for instance, through throttling heavy users).
Progress has been swift. Starting the year at 30K subscribers they recently overshot their yearend 200K target and have already 220K subscribers. This adds up, as the margins here are at least 50%, rather than the 4-6% of their Fintech business.
They are pre-financing tablets, which they give away (but get up to a $100 ACP subsidy per tablet per signed and vetted subscriber). Then they organize subscription drives in tents with banners stating "Free internet" to sign up ACP subscribers.
Pre-financing these tablets is the main bottleneck for accelerating growth as the ACP subsidies take up to 3 months to arrive and the costs (tablets, sales commissions, etc.) are up-front.
While in time, the existing base of subscribers will be large enough to produce the cash that enables them to finance these up-front costs, so far they were a little hamstrung.
Management refused to dilute shareholders (insiders own up to half the company and have bought fairly heavily recently). However, the company is finalizing a receivables financing with which they can accelerate growth.
But as winter approaches, these outdoor drives will decrease, but luckily they have another ace up their sleeve to continue the sales drive, their network of community stores.
ACP enrollments in stores
The company has added ACP enrollments to its SurgePays platform for convenience stores, which brings multiple benefits:
75% of store visitors use SNAP, by virtue of which they qualify automatically for the ACP, data can be quickly entered into the software running in their community shops, which makes it attractive for stores to join their network as this is an easy earner for them as well.
It speeds up the growth of their ACP subscribers, especially as their outdoor pop-up tent subscription drives (used by most of their competitors as well) will decrease during winter.
They hired Jeremy Gies as President of SurgePays Fintech to grow their network of stores (and sales and margins per store and adding ACP subscription to the stores is a pretty good way to start this).
They also concluded a master service agreement with GPO Plus Inc. setting up stores to transact on their network. GPO has a 40+ sales team (they also sell products that can be added to the stores).
There is no competitor out there that has something similar, they can really leverage their stores to boost their ACP subscribers and they can use their ACP service to boost their store network.
In short, the company can use its network of stores to boost ACP subscriptions and use that facility to grow its network of stores, and no competitor can match this.
So the stores are handy after all as they now have their own, high-margin product to sell, and they use that (as well as a separate manager Jeremy Gies and the partnership with GPO Plus) to increase their store network.
We think that the store network is an underappreciated asset as it offers access to a huge market of underserved and underbanked households that is difficult to match.
It just hasn't been monetized very well, until now as the company has a very high-margin product to sell on its software platform running in these stores. The idea is to introduce more products and leverage their network, for instance through partnering with a telehealth provider (with payments made easy through the company's Fintech services).
The company also has Shockwave, its own CRM software platform which it bought earlier in the year (as with the rising ACP subscriber number it turned out to be cheaper to buy it than continue to use it).
ShockWave is integrated into the National Verifier and the National Accountability Database of the FCC and the AT&T and T-Mobile backbones, which should reduce fraud (they also employ a third-party compliance bureau for this purpose).
One might also appreciate that several of their competitors are using Shockwave as well, which provides the company with a nice recurring revenue stream as well as data for analytics.
Possible macro headwinds and inflation are actually benefiting the company as more people qualify for ACP.
Management executed an audit and believes they can expand gross margins in both services and hardware and have protocols to enhance retention.
Receivables increased from $3M in Q1 to $9M in Q3, these are government (ACP) receivables.
SG&A increased less than 1% y/y with only insurance costs going up, there is great operating leverage in the model.
Net loss came in at $1.5M versus $1.7M a year ago.
The company had $7.9M in cash at the end of Q3$8.3M receivables (from govt ACP)
The financing deal, which is about to be finalized could leverage them to be profitable and debt-free by mid-next-year.
The bottom line is that the company is still not profitable as the upfront costs are entirely expensed in month one, and accelerating sales keeps that bottom line down as these upfront costs get bigger and bigger (hence the need for the financing deal).
However, we think that in a few quarters the cash flow from their existing base becomes so large to be able to absorb these upfront costs.
Valuation
Even discarding their Fintech business, their margin expansion efforts and additional subscriber wins in the last 10 weeks of the year, their mid-October 220K subscribers provide a $79.2M revenue run-rate with nearly $40M in gross profits and in the order of $25M in operating profit.
The target is 500K subscribers by the end of next year which would produce a $180M run rate and $90M+ in gross profits and $4+ in EPS (run rate, not FY23 figures).
The increasing subscriber numbers producing recurring revenues are likely to bring the company in the black and cash flow positive next year.
Insiders own a big chunk of the company (29%) and have been buyers all year.
Risks
The ACP has bipartisan support but whether that remains the case nobody can take that for granted 100%.
We think SurgePays is well positioned versus the competition, most of which just sell simcards and don't have their own MVNO service, let alone their own CRM software or a network of convenience stores strategically located in relevant areas to win subscribers.
Fraud and attrition are problems, but we think the company has build multiple guardrails and vetting procedures (one might read above and see what Shockwave is plugged into) for this not to spoil the party.
Conclusion
The new financing will maintain if not accelerate growth.
Selling their ACP mobile broadband through their SurgePays Fintech network in their convenience shops is a win-win, it's more attractive for shops to join the network and it maintains the growth of ACP subscribers during the winter when the outdoor tents are less viable. It also gives them a leg up against the competition.
The target for next year is 500K ACP subscribers and they now have more tools at their disposal and financing. If they come anywhere close the shares are really cheap at these levels. 500K subscribers produces $180M run rate from their ACP business only at 50%+ gross margin and OpEx, which isn't actually rising and well below $20M, that's $70M in operating profit, $4 per share (run rate at yearend 2023), then add their FinTech business (although that's low margin).
Despite having bipartisan approval, one can have some concerns about the viability of the ACP long-term, or the attrition but the company is better placed than most to deal with the latter.
We see continued subscriber and revenue growth, expanding gross margins and great operational leverage and think the shares are significantly undervalued.
The upfront cost, which rise hand in hand with accelerating new subscriber numbers, are clouding a view of rapidly improving fundamentals, but that won't last forever.
Nice revenue increase! Now let's work on turning a profit.
SIRC Pink Current and US Reporting SEC reporting status on OTC....
https://www.otcmarkets.com/stock/SIRC/disclosure
"Strangely, despite expectations to post over $200 million in revenues this fiscal year and dropping a good chunk of that to its bottom line, SIRC is currently priced at roughly $0.18. And at that level, many feel that number falls well short of appropriately valuing this ambitious deal-making solar and clean energy company."
Share this upbeat article on on our company to all your SIRC social media sites. Let's get some momentum going into earnings!!!
Solar Integrated Roofing Corp. Stock Trends Higher; Expectations Of More Record-Setting Quarters Fuel Interest (OTC: SIRC)
11/14/2022 | 07:37am EST
https://www.marketscreener.com/quote/stock/SOLAR-INTEGRATED-ROOFING-120792435/news/Solar-Integrated-Roofing-Corp-Stock-Trends-Higher-Expectations-Of-More-Record-Setting-Quarters-Fue-42305982/
Good read!
What a great company SIRC is!!
Love our CEO Davet Massey!! He has built a great company from one small roofing outfit to one that is now doing $200M per year in revenue.
AMAZING GROWTH!
Really excited for tomorrow's earnings report!!
?
Hapbee Announces Closing of $1.5M Private Placement Insiders and Executives Participated to Fund Continued Growth
VANCOUVER, British Columbia, November 9, 2022 – Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company is pleased to announce that it has completed a non-brokered private placement of units of the Company (“Units”) for aggregate gross proceeds to the Company of CAD$1,566,632 (the “Offering”).
“This capital enables us to continue to evolve our products and to expand our market presence and manufacturing on the heels of the successful launch of our game-changing new device – The Smart Sleep Pad,” said Yona Shtern, CEO and Executive Chairman of Hapbee.
The Company achieved a milestone in September when it pre-sold 992 devices units in the month – the most in a single month in the Company’s short history - primarily driven by the popularity of The Smart Sleep Pad. It was designed especially for sleep with an easier-to-use, more comfortable form factor and a larger magnetic field diameter which early users report provides an even more effective improvement of their sleep patterns. First production shipments of the new device are expected to begin later this week and we anticipate that manufacturing will continue to ramp to meet actual and forecasted demand.
As part of the Offering, the Company issued 22,380,459 Units at a price of CAD$0.07 per Unit (the “Offering Price”), which consisted in the issuance of 22,380,459 subordinate voting shares of the Company (“Shares”) and 22,380,459 Share purchase warrants (“Warrants”) with each Warrant entitling the holder thereof to acquire one Share at a price of CAD$0.15 per Share for a period of 2 years from the closing date of the Offering. The expiry date of the Warrants will be subject to prior acceleration, at the discretion of the Company, should the volume weighted average price of the Company’s listed Shares on the TSX Venture Exchange (“TSXV”), or any other stock exchange on which the Company’s Shares are then listed, is greater than CAD$0.50 for a period of 10 consecutive trading days, the whole in accordance with the terms of the Warrants. Each Share and Warrant issued (including the Shares underlying the Warrants) will be subject to a hold period of four months plus one day following the closing of the Offering (the “Hold Period”) pursuant to Canadian securities laws.
Certain existing insiders of the Company including members of the Executive Team and Board of Directors participated in the Offering by purchasing an aggregate of 4,416,302 Units. The portion of such participation by the insiders constitutes a “related party transaction” within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company intends to rely on exemptions from the formal valuation and minority approval requirements of MI 61-101 as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, exceeded 25% of the Company’s market capitalization. Any net proceeds received by the Company from the Offering are intended to be used for product development, manufacturing, business development, working capital and general corporate purposes.
The Offering remains subject to the final approval of the TSXV. The securities offered pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States (as such term is defined in Regulation S under the U.S. Securities Act) (the “United States”), and may not be offered or sold within the United States, or to, or for the account or benefit of a U.S. Person (as defined in Rule 902(k) of Regulation S under the U.S. Securities Act) or a person in the United States, except in transactions exempt from registration under the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities offered hereby within the United States or to, or for the account or benefit of, U.S. persons.
Option and RSU Grants
The Company is also announcing that it has issued an aggregate of 1,400,000 stock options (“Options”) and an aggregate of 400,000 restricted stock units (“RSUs”) to certain insiders of the Company. The Options have an exercise price of CAD$0.065 per share and are exercisable for a period of seven years from the date of issuance. The RSUs are based on a market price of CAD$0.065 and will vest in equal installments over a period of three years.
Brownie's Marine Group reports Q3 results
Nov. 08, 2022 11:54 PM
Brownie's Marine Group press release (OTCQB:BWMG): Q3 adj net income of $141.9K
Revenue of $2.81M (+80.1% Y/Y).
Up 53% on over double avg volume! Let's keep it up.
Fake company!
"Those statements by CEO Massey imply that H2 2022 revenues could be $130M and FYE 2023 revenues could be close to $450M. Now consider that SIRC is generating a net profit that’s 26% of revenues. Those enviable numbers are staggering for a company with a market cap under $100M."
https://us3.campaign-archive.com/?e=%5BUNIQID%5D&u=3a207043349295e229010b31c&id=7b15015125
Absolutely. They have manufacturing lined up. This location tech is much better than simple GPS. "Intelligent tracking".
Stay tuned.
I expect a lot of good news to start flowing soon after Form 10 approval.
Going to be a good month!!
Let's bust into double digits this week!!
Also, I am not blind to the questionable calls Dave has made as our company has grown. But, the singular most important metric of a start up company is the ability to produce revenues and profit. Dave and the rest of management have done this in spades. The share structure can be repaired with enough funds to do buybacks. It's coming.
150M shares to 900M shares = 500% increase
Revenue--> $17M to $400M = 2000+% increase
Massey is one of the greatest CEOs I've ever been involved with!!!
Growing this company from a measly $17M revenue just a couple years ago to $220M this year and likely $400+M in 2023.
What an achievement!!!!
DAVE MASSEY RULES!!!!
FoxEss unveils compact single-phase inverters for residential PV
FoxEss has released new inverters with nominal power ranging from 0.7 kW to 3.3 kW, a maximum efficiency rating of 97.4%, and a maximum European efficiency of 96.8%. They measure 290 mm x 220 mm x 116 mm and weigh in at 5.4 kg.
NOVEMBER 4, 2022
https://www.pv-magazine.com/2022/11/04/foxess-unveils-compact-single-phase-inverters-for-residential-pv/
Upstart Blowing Doors Off with $220 Million in Revenue This Year, Plans for Bigger 2023
By: Dylan Sikes – AllPennyStocks.com News
Wednesday, November 2, 2022
https://www.allpennystocks.com/specialreportsus/3126/upstart-blowing-doors-off-with-220-million-in-revenue-this-year-plans-for-bigger-2023
Big news.
Hall of Fame Resort & Entertainment Company Secures Approval for Sports Betting Licenses
Wed, November 2, 2022 at 9:00 AM
https://finance.yahoo.com/news/hall-fame-resort-entertainment-company-160000518.html
SIRC Stock HUGE UPDATE - Going To Nasdaq + New Revenue Forecast (SQUEEZE INCOMING???)
hmmmm
"This site can’t provide a secure connection www.alpine4.com sent an invalid response."
Great Microcap interview.
Kent mentioned this company:
https://powerable.com/about/
What's our relationship to them?
Also, anybody get this type message when trying to access the ALPP website?
www.alpine4.com
"website blocked due to malware" ???
What are you talking about? SIRC has produced a profit the last two quarters.
"2023 will be double 2022"