Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I only looked into the Annual and they added 2 pages which was basically the "Notes to Financial Statements." It was missing since January, and I don't think it was OTCMarkets that noticed it, thinking they had some other eyes on it that required them to correct it (maybe eyes hired by them to look at it ).
Looks like the Last 2 Q's and the Annual for last year were resubmitted yesterday. Maybe somebody was "auditing" them very recently and discovered that something was missing and corrected them. Could we see our completed audit in the next 30-60 days?
https://www.otcmarkets.com/stock/IBGR/disclosure
Your Point?
I see this as Ronaldinho having his own brand made by Dryworld that will compete with the likes of Nike, Puma, Adidas, etc. in the soccer kit arena and most likely beyond.
Does anyone think the 10 year term (to 2033) means that they may already have something lined up with a team(s)? They had a 10 year contract with QPR I believe and possibly Watford? They will need to have a contract with Ronaldinho for at least as long as they sign a team up using our exclusive silhouette logo on the team kits. No team would sign for 10 years if Ronaldinho was only contracted for 3 years. This appears to be them tipping their hand and also shows that they are still actively engaged with Ronaldinho.
Here is a thought to chew on as an example of the potential of growth year over year:
In 2020 Super League Triathlon bought the Malibu Triathlon.
In 2021 Dryworld made a deal to be the official apparel supplier for SLT
In 2022 The previous apparel supplier for Malibu (2XU) was still the supplier for that final year. Dryworld only had a booth at the event, and most likely only sold a few thousand dollars plus/minus in shirts and hats.
In 2023 Dryworld will be the Exclusive apparel supplier at the Malibu Triathlon ( https://malibutri.shop/ ).
In 2022 There were 4500 participants in the Malibu Triathlon and tens of thousands of family, friends, and fans attending.
In 2023 Selling 10,000+ units (including a shirt for each participant, staff member and a percentage of the attendees) is very plausible. At even a discounted bulk rate, the revenue is most likely at least $30 per unit. We could be seeing over a quarter million dollars in revenue for Q4 this year from Malibu alone.
Just an example of a trickle of revenue last year, becoming a pretty impressive amount this year. Keep in mind they have several relationships that will take a year or two to develop and several of them have already been quietly maturing.
Don't tell me what I know. I understand what has happened. A 3rd party pump took advantage of the Reverse Merger and the momentum and ran the share price up on speculation way higher than it should have been. Hindsight 20/20, I wish I had sold all I could at .50+, but none of that has anything to do with the fact that building a business (and one back from the devastating blow that TCA delivered to them) takes years. Dryworld is almost 3 years from the RM and I believe that we will start to see the reaping of the crops from the seeds sown. Funding is what is limiting them at this point, which should come as no surprise to people who understand how business works. I am pretty sure that all available cash is going into investing and garnering deals as opposed to paying for things (like the audit etc) that while long term are beneficial, are short term not vital. Granted that the $6.5 Million Line of Credit is apparently not available unit full SEC reporting is achieved, there has to be a point at which putting it off still outweighs the need to tap that line. There are a whole mess of OTC companies out there that are fully SEC reporting, have all their ducks in a row, but have no business plan or ability to ever create revenue. We have the opposite with Dryworld for now, and that will change probably sooner than later at this point for the better. Fact is that Dryworld has not been able utilize the shares to fund growth as was the obvious reason for RM'ing in the first place. I am sure that Dryworld has laid the foundation for forward growth. I predict that anybody selling now will regret it in the next year. JMHO
P.S. I have avoiding posting on here lately because of not wanting to give a target for venting. So much for that
I think there are things coming this year, maybe slower than we wanted, but I think this year will see some action finally.
Amen brother.
Let’s be very conservative and say that 9000 outlets can sell 25 items per year each on average at a very conservative $20 each wholesale. So 9000X25X$20= $4,500,000 in revenue per year.
Keep in mind we will be selling R-10 in Ronaldinho’s heartland, so the numbers could be astronomical if he really helps advertise his line. Not to mention the average wholesale should be much higher than $20 and it is currently 9,000 retail locations and growing.
This I could be staggering in the amount of near term and long term revenue and growth!!!! Go Team D!!!!
Boom, another big exposure for our team!!!!
The article says that he made millions on his new clothing line (DryWorld), that may be an exaggeration so far since it is only out 1 month, but what if it isn't?!!!
https://www.footballshirtculture.com/lifestyle/ronaldinho-by-dryworld-review.html
Independent review out for the Ronaldinho Fan Shirts (replicas)
Year ended 9/30. Q not due for 90+15 days. Mid January likely.
MENA and PLAYSPORTS is another big stone in the foundation of Dryworld's massive Empire that they are building. We are in on the ground floor (even now), but the scaffolding is up and they are already constructing the walls, and we can see the outline of what is to be. Longs' patience is getting closer and closer to the big payoff.
Happy to be holding long shares of Dryworld ($IBGR)
Lem you going to sell another million?
Imagine the seller’s remorse. Dumping 1 million shares (6 times average daily volume) at the opening bell screams of manipulation, but it appears to have backfired. Lol
Agreed
So trading on the OTC for decades, you must know that 98% of these companies are useless and only made money for insiders, MM's, and the lucky minority that traded them at the right times. Most of them go to .0000 at some point before the shells are recycled with a "rinse and repeat." So if Dryworld is swimming against the current and doing it differently, isn't that a good thing? How many Pump and Dump stocks have CEO's and others Tweeting and PRing every week with all this BS about Billion dollar industries and they are the newest disruptive force that will take market share, but do zero? Dryworld is putting out product and making deals while keeping their hands and feet inside the car at all times.
My perspective is that they are doing it differently, so I predict different results than the typical OTC Pink that is only there to make insiders rich. Remember the definition of "Insanity" is doing the same thing over and over expecting different results....Dryworld is one of the only sane companies in the OTC Pink pit of doom.
Yeah, I think Ronaldinho may have made them change priorities over the past several months (deals like that take time to complete) and hopefully the couple of things they said would come out by last month were just delayed and will start happening soon.
Another thought, is maybe there is a deal in the works that makes the ticker change and possibly the audit of the last two years not necessary? Not starting rumors, but what if the company we are dealing with in China wants to buy all of Dryworld ($IBGR), or another party does (maybe one of the big Players in Sports Apparel)? That may mean that there could be no need to waste resources and time to change the ticker? Total speculation, no facts just observation, logic, and whole lotta enthusiasm.
Giant Ward I believe is how Google Translate changes Dryworld in Mandrin/Cantonese into English.
We are most likely looking at a steady uptrend for the foreseeable future IMHO
Good news always brings the bad news bears out like rain brings out the earthworms.
Dryworld hittin’ the big time!!!!
It is not retail shorting. It is common everyday practice by MM’s creating volume by filling but orders without having to deliver or declare the number of shares. The practice was hampered about 15 years ago when the SEC made rules where NASDAQ and NYSE stocks have 3 days to buy the shares they sold or to declare their short positions. The OTC companies that are SEC reporting have 13 days to cover and declare short positions, while the MM’s won a lawsuit excluding OTC pinks from this rule. So they can sell shares to oblivion, and only get called out if the company becomes fully reporting to the SEC then they have 13 days to cover or declare, 3 if they go straight to the Nasdaq.
Ronaldinho can produce more revenue that most any individual pro soccer team around the world. Even most of the EFL and La Liga teams, barring the top teams, few can produce more than several million dollars in fan kit sales. With almost 70 Million Instagram followers and over 21 Million Twitter followers he is a one man money printing machine. He is beloved by tens if not hundreds of millions of soccer fans around the globe. He is charitable and kind, the perfect spokesperson for any label, just ask Nike who sponsored him for years, or Coke and now Pepsi who have him starring in a huge new campaign for the World Cup!!!
Think that is easy? They did it twice in the EPL in 2016, but they got screwed by TCA and lost them. They took the Reputation hit, so they are going to have to work their way back upstream. Ronaldinho is a brilliant beginning, and very likely worth more revenue that all but the top bunch team kit deals in the world, like Barcelona, Manchester United, Real Madrid, Arsenal, etc. Most of the La Liga, EPL, etc. teams will not have as much revenue as Ronaldinho can bring on his own. Why do you think that the Nikes and the Adidases go after Messi, Ronaldinho, Beckham? They are goldmines.
Dryworld is back in the game in a big way. 7 years ago they hit the scene with 5 huge soccer kit deals and were on the fast course to be a world contender with the likes of NIKE, ADIDAS, PUMA, etc., but the finance company that had guaranteed then $20 million in capital loans to meet the demands of maintaining those contracts turned out to be a Bernie Madoff style scam that took all its clients by surprise. Not only did they lose the contract, but it was their name and reputation that took the hit. So here we are just 7 short years later, and they are back and collaboration with one of the greatest sports figures in the world. And this is just he beginning.
Buy now and buy often: $IBGR Dryworld Brands and get in on the golden goose before you are paying premium for them.
That is the what I got. One shirt series is just a start IMHO. A whole line is coming, and maybe he will get a Dry Feet (Foot?) shoe line? He was one of the greatest ball handlers of all time, they could be his Air Jordans of Soccer (Rugby, Football etc.)
Wait until the MM algorithms catch up. Right now the are calculating to sell all the shares that want to be bought. When they trip the max risk, they will stop selling, al let it fly.
So we are at the beginning stages of Ronaldinho’s business empire. He was/is still contracted by Nike, but he didn’t choose Nike to make his signature line, hmmmmm?
No idea, but the earlier the better!!!
Imagine a Soccer or other sports legend with Millions of loyal followers and then Dryworld giving him or her their own signature line....Nuff Said.
Just keep in mind how many times we wished that Dryworld would give us news and they stayed very quiet. This is the first time that they have come out and just flat out said, "Big announcement tomorrow!!!" (PERIOD). I would take it very seriously that it will be massive!!!!
there are a few good DD Theories out there, Dryworld lands any one of them makes and it makes $1 Cheap!!!!
The MM Algorithms are not taking into account the Social Media posts by Dryworld for this weekend. There has been no official PR (which is promised tomorrow), so MM's are probably not even aware of any change. The algorithms just see buying increasing, so they react by selling more shares that don't exists assuming that they will cover lower or outlast the enthusiasm and drive the price back down below current levels. Wonder what the Algorithms will do if we hit as much as $1.00 or more this week?????
Ever see a Prevent Defense get torn apart?
#ShortSqueezeComing
We gonna be rich for real!!!!!!
I’m limbering up for a giant,
“I TOLD YOU SO!!!!!!!!!!!!!”
We gonna be be rich!!!!!