lost in pennyland
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Thanks Art. I saw that too after I asked you. That makes more sense.
Just curious, lynx, what was this company working on 2 years ago? It looks like this new venture is a totally new direction for this company.
Art,
The problem that I have with your assessment of the company's position is that over 150 million shares were traded on Oct 19, and yet you list the outstanding share count as 100 mil.
Does anyone know what the number of outstanding (and authorized) shares really is?
Didn't they just sign a deal with microsoft? That's not too bad for a company of their size. What is their market cap, 11 mil?
Where do revenue and profit fit into the future news?
Olico, PM me your best picks. Please.
So much is missing, green?
The same things that have been missing all along. Proof that this company has sold anything.
If he was really interested in bringing in new investors he would have listed some of those websites that reveal those middle east connections.
But just like every other poster on this board, he couldn't.
Well judging from the upward direction of many of those charts, I'm encouraged that you're closing watching DRGG.
That sharp upward turn on the chart should be coming soon.
While we're waiting, can you give us any other symbols that you expect to be adding to your board soon? TIA
No, but tell me about this lefty. Did he post on I-hub or somewhere else.
I've never invested in Dov. I've been tempted many times but I've waited every time. So far I'm glad I did. At least I've avoided a major catastrophe.
Still looking for that next major winner, though...
I don't even see DRGG displayed among your vast array of stock charts. How did you choose this group of stocks and why didn't dragon make your list?
Hello
Let's not get carried away. If someone was stupid enough to risk their life on this company with as little verifiable information as we had, they shouldn't be allowed to control their own money.
Great post, but you've been posting on this board for months. This post is a tad late, don't you think? It sounds like you're just mimicking the article from Windsor.
I've been skeptical of this company since it was LFWK and expressed my skepticism here many times. Maybe I just missed your post in this giant sea of posts, but did you ever divulge this information before?
It was a well written PR. Quite a departure from the broken english we were reading from his blogs last night.
It was impressive. Now just give us those independently audited financials so we can move onward and upward!
Tex lest we forget. Relax, it's fine.
I'm already guaranteed a positive return on my SLJB investment, so don't worry about me.
On the other hand, what person in their right mind sells at an 80% loss BEFORE they release the audited financials?
If you sold this morning, YOU'VE BEEN HAD!
This is a set up, folks. Petar is about to teach you all a lesson in patience. Watch for the green close.
Anyone bailing at this point will be kicking themselves soon.
Jannie,
We still know they're legit because of that article that connected them to Wessal. Remember that piece of evidence, it will come in handy as this goes heavily green after the CEO announcement.
Jersey,
What do you think the new CEO statement will say? I'm definitely holding for it. I think this goes heavily green by the end of the day.
What is Petar's native language? Is he from Europe or heavily medicated?
Yankee, what price do you think we close at tomorrow?
Jannie, I'll tell you what I'm up to. I'm trying to learn about Sulja brothers from a source other than Sulja brothers and I-Hub. I read some posts from you about how excited you were in your SLJB investment, so I thought you might be able to help me find that source.
I did invest in SLJB after they said in September that they would release results of an independent audit. Their own numbers looked so good that if it could be verified, I agreed with the longs here that the stock would go substantially higher.
But they didn't release the results back in September. Now they're promising again to release the results, so I'm thinking of buying again, but I was hoping to find something substantial that backs up SLJB's claims.
I'm not finding much.
Jannie,
What's the connection between Sulja brothers and Khalifa Suhail Al Zaffin?
Could you repost that PR for us?
Jersey boy,
Can you help me out here? I'm considering buying in on Monday, but I want to find confirmation that the deals Sulja bros have been posting are real. What site can I go to verify Sulja bros' claims? Thank in advance.
Hi pigfarmer,
This is my favorite sentence from the growth analysis report:
"The Company has recently expanded sales into the highly profitable and rapidly expanding pharmaceutical packaging business in India."
Expanding from China to the rest of the world would make this one a monster at this price. I didn't see that sentence before, but that was the kind of growth I was hoping to see.
Things are looking brighter here all the time.
The volume is definitely on the rise. When SUWN made it's move last year, the volume picked up in mid-November and the price stayed fairly flat in the low 20 cent range from late September until early January.
Then the price took off on a 2 month run from early January until early March, reaching a high of $1.68. I think this is a better long term play, but the volume increase is looking similar.
When it spikes into the millions for a few days straight, I think we'll be moving over a dollar.
Once they start showing a profit on the balance sheet this one will start it's move. They're due to report the quarterly numbers in mid November, so I think a move up the charts is coming soon.
Actually, the 1 year chart reveals that volume has already ramped up to a new level. Starting in September the average volume is up 5 to 10 times that of the rest of the year.
The move is already quietly beginning here. Today was a relatively quiet day, but I expect volume to ramp up to the millions per day soon. Perhaps after they release their quarterly report in mid-November.
By the way, now that they're into the medical packaging business, the symbol DRGG sounds appropriate. I originally assumed that this was a pharmaceutical company with that symbol.
Now they will be playing a role in that industry with their innovative packaging material.
They are just starting out as a pharmaceutical company. They don't want to make any mistakes that would undermine confidence in the company to properly manufacture and supply the drug. Also, they need to ensure that once they start a new patient on the drug, they can continue to supply that individual indefinitely.
They're growing at a 50% rate per year. The profit margins are about to start growing too. Earlier this year an analyst compared this company to the big three of the industry, and based on the relative price-earnings-growth (PEG) rate, this company's fair value was over $14.00.
That was before they bought the high margin medical packaging company. Once this company goes profitable, we're going to see a major increase in volume and price.
I'm looking for a 10 bagger here over the next six months to a year. I believe that they will exceed their profit and revenue guidance. With the high margin nano-based packaging products, this company is poised to take a large chunk of the medical packaging market.
We're ready to test $1.50 to $2.00.
There are many things wrong with your post. But I agree that 200 million is at least a logarithm too low.
What is the total share count now? 1.75 billion?
I have an idea. Why not regain some credibility and release the promised audited financials on time? Get them out in a timely fashion and show us a confirmation of the in-house numbers.
When that happens, the goal of a $4.00, nasdaq-listing price will be doable.
How do you know that the company has an office in Dubai?
No, on everything I've read about this company. Why advertise buying a $6,000,000 company when you have hundreds of millions in revenue coming in?
In fact, why buy a company with six million in revenues when you're already a business with contracts approaching a billion dollars? That doesn't make sense.
I agree, this sounds more like a company that just bought a $6,000,000 dollar company than one that has a $350,000,000 contract in place.