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Agree 100%! Would love to see TerraVis Solar covers on every high end, top model of Dodge Ram as well as being an option for the base models.
Yes,,, Buy & Hold & accumulate for the long haul.
As of right now,,, this is a buyers market.
WorkSport WILL become a Fortune 500 Company!
"Matter of time, nothing more nothing less!"
Merger very soon,,,,
"Matter of time, nothing more, nothing less!"
Agree. The future is really bright for WKSP.
I too prefer honesty over trying to shrug off or attempts to hide the fact that shipping has affected our bottom line. All that will be straitened out & much of it will become a moot point when manufacturing kicks in here.
Love the inventory build-up statements as well. It would be nice to have product on hand ready to deliver immediately when anyone buys our products.
Buy now @ $3.80 & sell in a year & a half when we're trading @ $52.75 a share,,,
"Matter of time, nothing more, nothing less!"
100% correct! ,,, "Worksport (Nasdaq: $WKSP) and Terravis Energy Inc are already ahead of this curve, launching its clean, energy independent line of solar and hydrogen powered solutions in the Spring of this coming year."
Absolutely correct! This is the best of times for intelligent, long term investors to accumulate,,,
December 1, 2021
Worksport Provides Corporate Update, 2021 Retrospective and 2022 Ramp-Up
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Mississauga – December 1, 2021 — Worksport Ltd (Nasdaq-CM: WKSP) (the “Company”) is providing a Corporate Update, including a review of 2021 and what Management has planned in 2022.
Company management would like its community of shareholders and supporters to know that 2021 was a year of consolidation, building and strategic planning.
As a cornerstone of Worksport’s agenda, the Company began ramping up production from its Chinese factory immediately following the close of the Regulation-A offering in March. To service Worksport’s new B2B and B2C sales strategies, the Company has been stocking inventory during Q4, 2021, which includes our conventional products that will be sold through our eCommerce platform slated for launch Q1 2022.
In 2021, we developed the first solar tonneau cover along with its counterpart, the Terravis COR, a portable rechargeable energy storage unit. With our $30mm capital raise, we were able to begin to bring our manufacturing home to Canada. In our new facility, we will have the ability to streamline our manufacturing process to produce our products faster while maintaining similar profit margins.
To close out 2021 Worksport will be heavily focusing on securing and tooling its new facility. – with the first automated cutting and milling machines having arrived in October. Management expects delivery of the remaining equipment to continue into December and through the end of January. These production capabilities range from cutting and milling, to metal bending, automated sewing, plastic application and tarp cutting. Management expects most, if not all, of these systems to be installed between the end of January and mid-February 2022. If there are no delays due to unpredictable lead times as a result of the Covid-19 global recovery, management believes the Canadian factory will begin servicing its B2B and B2C customers by the end of Q2 2022.
In addition, we have been able to increase our research and development operations and attract several professionals with PhDs to join our already talented team of engineers and designers. We believe our team is poised to undertake and complete projects that will be ground-breaking with respect to clean energy solutions. Although shipping and supply challenges have delayed its launch, we are excited to demonstrate the Terravis’ capabilities and will be in a position to do so hopefully in Q1 2022. The Company originally planned a demonstration in Q4 2021, however crucial components are stuck in transit.
As of the date of this release, we are waiting for the internal batteries to arrive. There have been some delays in shipping due to batteries of this energy capacity not able to be shipped conventionally. Regardless of shipping delays, management believes that it will be able to debut the Terravis COR and solar cover, demonstrating its capabilities for consumers and investors publicly before the end of 2021.
As Management looks toward the second half of 2022, we have already begun the process of transforming the COR system into its platform, with a variety of uses, including whole-home power backup with an emphasis on portability to work in conjunction with its SOLIS and COR products. To echo Worksport’s Director of Engineering, Dr. Rafael Oliveira, the Company is already looking to continue innovating with more powerful mobile units, maintaining focus on simplicity and usability. And while still early in its development, Terravis Energy’s NPEV system is making incredibly significant progress, with Management expecting to have a working prototype in early 2022. Furthermore, because of the Company’s charismatic business development strategies involving actively seeking out partners and having conversations with potential partners, there have been exploratory talks of building a B2B business with large multinational stores.
Worksport CEO Steven Rossi comments, “Part of our goal is to make power systems easier and simpler to use. We have made incredible strides towards achieving these objectives, going from concept to production in just under 1.5 years, and we look forward to even greater steps. We maintain our strong commitment to decarbonize transportation and shift consumer mindsets toward sustainable energy technologies, and we look forward to sharing these developments with the investment community as they come to fruition.”
Man,, NAZDAQ via R/S was a STROKE OF GENIUS
All of us knew that COVID destroyed our china connection & we knew that we were going to be taking hits to the revenues.
Getting UP-Listed helped secure a war-chest of $30 million bucks not only eliminated the desperation & guaranteed our survival, it also more than funded the future development of our products as well as set us up for manufacturing all of our products at home.
This where institutions load.
THANK GOD FOR NAZDAQ via R/S
I have, that's why I bought more!
Agree 100%. This stock WILL have it's day!
LOL,,, Depending on your time horizon anything under 3 cents a share is theft, anything under 5 cents is sweet & anything under a dime is a really good investment. Eventually this thing will take center stage before the split & we might see a brief, new 52 week high. Good luck to you.
I might add, I'm not the only one!
It appears that there's a few more people willing to bet on this baby monster! ,,,
https://ih.advfn.com/stock-market/USOTC/unique-logistics-pk-UNQL/trades
Smart money can read filings. That's why they're buying 10 shares for every one share sold!
The RS & UP-List to the NASDAQ are not two separate events.
They are one in the same. No UP-List,,, no RS!
If we see an RS it's because an UP-List to the NASDAQ is guaranteed!
So I have to ask my self,,, Do I want to bet on an OTC stock with HUGE revenues & improving PROFIT margins, an extremely decent share structure that's in the process of going to the Big Boards?
Answer,,, Yes! I like my chances here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166691097
I hear you! Twilight Zone indeed & some will think the future share price will be amazing when in reality it will simply be fair value.
By the way. I've read many of your posts as well as others on this board & I haven't written anything that most of us don't already know!!!
"MATTER OF TIME, NOTHING MORE, NOTHING LESS!"
Yep,,, Two weeks, no T trades!
People should do a little research on UNQL. Right now their profit margin is very thin. However these guys are reporting limited PROFITS from revenues equaling "100s of $millions" of bucks. As their margins improve they will report much bigger profits.
I had to high-light Profits because we're talking about a 3 cent penny stock still trading on the OTC
Might not be on the OTC much longer
They're planning a conservative RS in conjunction with an UP-List to the NASDAQ. My personal understanding is no UP-List, no RS. One doesn't happen with out the other!
UNQL has experienced dilution from note holders but this appears to have dried up for now with no more dilution expected this year at which point there are indications that management may pay off the two remaining notes.
In addition, possibly before the end of the year shareholders expect a merger where UNQL will absorb United Logistics of India as well as United Logistics of China which will add significantly more to the already massive revenues that UNQL presently reports.
When you factor in that this is an OTC company that stays current on their SEC filings & sports a very decent share structure featuring a float of less than 70 million shares,,,, At some point this will become a "Cinderella Stock"!
We will get some exposure & the spike will be staggering as the PPS finds it's correct value.
"MATTER OF TIME, NOTHING MORE, NOTHING LESS!"
Sweet,,, Be nice to see an aggressive UP-Side move to reflect this piece of information.
Agree I'm still on board with it because for this move to even have a remote chance UNQL will have to resolve all toxic debt & get a firm hold on their PRE-split share structure.
Also bet good money that their earnings/margins are improving & they feel REALLY secure that they will accomplish the china/India merger.
Once the dust clears & people realize that just to qualify for the NASDAQ UNQL must be on pretty solid ground, we might just see a really decent run here near term.
Yep,,, Also seeing they want to pull $41m from the sale of only 25m shares so yea, looks like an RS is part of the mix.
However I still like a move to the NASDAQ
$UNQL,,, So far I'm not seeing ANYTHING said concerning an RS.
On the other hand,,,
The timing of this move, the people backing it as well as numerous other implications ALL look pretty positive to me!
Yep! Government Dollars just might be on the way!
A big piece of news quietly waiting in the wings would be government funded subsidies. Let L Rossi demonstrate some progress with off the grid, non-parasitic Hydrogen Charging Stations we might see $10s of Millions in "Green Grants"! Might see some "Green Grants" anyway just on the weight Terra-Vis/Cor alone.
This bit of news on August, 24th. hardly caused a ripple but it's BIG! ,,,
"Worksport Appoints Ambassador Ned L. Siegel and William J. Caragol to Board of Directors."
WKSP has engaged these two (particularly Ambassador Ned L. Siegel) for almost the sole purpose of advancing our chances of getting big government money.
Any significant infusion of government funded subsidies & WorkSport becomes a $Billion Dollar Company overnight.
*Excellent Post, Must Read!*
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166077251
10 day average volume is 1.6 million shares.
Today we did more than 4 times that.
UP over 25% on very heavy volume,,, Yes, I would have to agree.
Very "Nice way to end the week."
There was a 5,000 share buy at 16:00:57 that is labeled as a Form T trade. To me that's a non-issue.
Also a 1,263,293 share sell @ .03822
I would like to see us continue a strong North bound move next week.
Let's see .15 before earnings.
Plus the RSI is at 71 ,,, Talk about room to run!
You're right, as usual. I think the investing community has awakened to the potential of $*WKSP*$
Right around 2:30pm WKSP was @ $6.89 & in the blink of an eye it popped to $7.48,,, Did I miss some big revelation?
Site is beautiful, extremely informative & very professional.
https://goterravis.com/#section_1
https://goterravis.com/wp-content/uploads/2021/09/Worksport_Terravis_Product-Design-and-specs.pdf
I'm surprised the government hasn't shoved grants towards TerraVis/Cor.
I'm expecting it!
"Matter of time, nothing more, nothing less!"
Agree 100%. Huge news on any number of things for WKSP could hit any & every day.
LOL,,, Tried to be strategic & watch during lunch. Said the hell with it & pulled the trigger. I'm pretty much done buying unless people get really stupid!
Yep! Unexpected huge news just might be on the way!
A big piece of news quietly waiting in the wings would be government funded subsidies. Let L Rossi demonstrate some progress with off the grid, non-parasitic Hydrogen Charging Stations we might see $10s of Millions in "Green Grants"! Might see some "Green Grants" anyway just on the weight Terra-Vis/Cor alone.
This bit of news on August, 24th. hardly caused a ripple but it's BIG! ,,,
"Worksport Appoints Ambassador Ned L. Siegel and William J. Caragol to Board of Directors."
WKSP has engaged these two (particularly Ambassador Ned L. Siegel) for almost the sole purpose of advancing our chances of getting big government money.
Any significant infusion of government funded subsidies & WorkSport becomes a $Billion Dollar Company overnight.
Over 10 million shares traded yesterday. Buys to sells very even ,,, https://ih.advfn.com/stock-market/NASDAQ/worksport-WKSP/trades
RSI just over 70 but it would have been VERY overbought if we had stayed above $8.25. RSI would have been above 80,,, https://otcmarkets.com/stock/WKSP/overview
So I'm not concerned with being overbought at this point. If anything that RSI of 70 is an indication that we're in the "power zone" with room to keep going UP.
It is possible we could see a correction early next week but I'm not expecting it. If anything we might see a stall but if there is a decent dip I'm buying.
In my very humble opinion the next time we see a serious dip it will be institutional sharks aggressively stealing shares. I'm surprised we haven't seen them yet.
Agree,,, I’m holding an average size position. I will add more on the way up with improving earnings & DEFINITE signs they are DONE diluting.
I'm doing exactly that right now, watching closely for a "buy zone". Like any possible chance that it drops to $6.90
"This scenario is what we've been waiting for. Rossi made the right call for the up-list."
This definitely what I've been waiting for since early February 2017 literally 4 & a half years ago.
$WKSP ,,, 100% Lock to be a multi $$ gainer.
Developing a trend & it's UP!
If by some remote chance we fill that gap I'm buying more.
Yep! That's the big question I have, what on the TMMI horizon can bring volume?
WKSP,,, At these levels this is a guaranteed winner!
I was getting ready to ask if this was halted.
Then in the last 15 minutes somebody buys 3,500 shares & posts a gain which was followed up by a weak azz sell for 600 shares that brought TMMI down.
Very thinly traded. 10 day average volume is about 130,000 shares.
If this thing ever gets just a decent rumor it will explode!
I might be wrong but this could be a nice entry. If they want to entice buyers they need to tighten up that spread.
Yep. Kind of looks that way!
I would be thrilled if this was the point we hold.
Not only was the close decent there was only ONE designated sell since 11:21am & as of yet NO T-Trade,,,
https://ih.advfn.com/stock-market/USOTC/unique-logistics-pk-UNQL/trades
I will watch & if I see some follow through I might have to buy a block tomorrow.
OTC Markets says we are already Pink Current!
Is this wrong?
https://www.otcmarkets.com/stock/RIBS/overview
You want something to stickie?
Look no further than your own post!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165793552
All the major, positive, news of "Significant Material Events"
It just does not get anymore concise & straight to the point,,,
WITH ALL RELEVANT LINKS supporting everything you wrote!
Any other stock in the universe that's turning a profit & with an avalanche of glowing press releases like UNQL ,,, would be trading in dollars.
Stickie THAT!
Some don't have a clue,,, "Who the hell is selling here?"