Thank god we will not be among those. LOL

You know how 98% of OTC stocks are a scam. Dryworld has just demonstrated without a doubt that they are definitely in the 2% of real companies making a real go of it. We gonna be rich for our patience and belief!!!!!!

I can't believe that people are not scooping up shares at this ridiculous share price, let alone anyone that would sell after the One-Two Punch they just delivered in the past two weeks. Ronaldinho signed on with us for 10 years, and then we get our FIRST of many soccer deals utilizing this partnership. It is no coincidence on the timing. Then they let us know that there is a minimum clause that states they will get at least $215K per year, and most likely by my estimates, and Ronalinho's involvement, probably closer to $1 Million per year. They have also heeded shareholders calls for more transparency on the revenues and in addition to the numbers from the Beroe deal, they have also early reported revenues from the Malibu Triathlon and first 2/3's of the current Q. They have stated that in just the last 2 months they have revenue equal to the previous 12 months. I think the money they got for the 2 million shares of the RegA ($60,000) was supposed to be for audit, but they determined that it was better spent on securing a $600k+ soccer deal, and they would have to delay the audit for a little longer. Sometime you got to make a grown-up decision and strike while the iron is hot. JMHO

Please elaborate on your baseless claim. Who are the assholes from the Applicate Days, that are continuing to fund Dryworld today?

Before it was a Dryworld in Canada that is the shadow company reaping all the revenues, now it is the evil Dryworld in China who is using IBGR/Dryworld Brands to steal from professional teams and leagues. I think if we are going to float insane conspiracy theories, we should all agree upon one and stick with it. Let’s pick a Dryworld from a neutral country like Switzerland who is syphoning all the money from contracts supposedly made with Dryworld Brands, Inc./IBGR into Swiss bank accounts. I like this crazy theory best.

I think it will take a few days for the news to spread to those who are not already long (new buyers). Let's see if power hour can bring out some new money.

No one has heard about what the status of China is since they updated last year that Dryworld China would become part of IBGR, so no comment there, but in the second to last press release:

https://finance.yahoo.com/news/ronaldinho-dryworld-extend-partnership-2033-185728436.html

This was stated:

"DRYWORLD’s recent announcement of the intent to acquire Brio Holding Group Inc, which provides contracted LATAM retail distribution throughout Colombia, Peru, Ecuador, Costa Rica, and Panama will provide the Ronaldinho collection access to retail locations as well as online distribution through the most powerful online platforms in Central and South America. With Ronaldinho’s immense popularity in this market the groups believe the sales potential is significant."

I reread and Ronaldinho Silhouette will only be on the 3rd shirt which I believe is the fan shirt.

Not gonna lie, 2 days ago I didn't even know that Bulgaria even had soccer, but that video they put "Together We Go Beroe" got me a quite a bit pumped. If the whole kit thing doesn't pan out, Dryworld can put together YouTube clips for a business. I feel like going Beroe together with all of you right freakin' now!!!!

Yep, revenue streams have been established and will only get stronger and more diverse. Great Job to Matt and Brian!!!! Love them or hate them, they really do know what they are doing.

Again we are mentioned in their press conference as well as many other positive things that are going to change to make the team even bigger (and more profitable for Dryworld me hopes).

https://beroe.bg/2023/06/19/%d0%b7%d0%b0%d0%bf%d0%b8%d1%81-%d0%be%d1%82-%d0%bf%d1%80%d0%b5%d1%81%d0%ba%d0%be%d0%bd%d1%84%d0%b5%d1%80%d0%b5%d0%bd%d1%86%d0%b8%d1%8f%d1%82%d0%b0-%d0%bd%d0%b0-%d0%bf%d1%84%d0%ba-%d0%b1%d0%b5%d1%80/

Don't forget to google translate it into English unless you read Bulgarian.

Funny how the Wiki page for Beroe is already updated to reflect their new kit maker (Scroll down to "Shirt Sponsors and Manufacturers):

https://en.wikipedia.org/wiki/PFC_Beroe_Stara_Zagora

It says "2023-" which I an hoping means that the Dryworld/Ronaldinho Logo will be on the kits this coming season.

Per the PR stating the Ronaldinho will rep the deals for the next 10 years, what the article said is in line with it. He will make appearances, sign team merchandise (Beroe team jerseys, maybe soccer balls, etc), and mention them in social media. I did notice that it did mentioned using the silhouette of Ronaldinho, which answers a previous question I had.

I love the fact that Beroe is so jacked about Ronaldinho doing meet and greets and PR stuff in the future. I am not a star-struck person at all, but in the soccer world, apparently he is a big carrot to dangle and should help big-time to attract more deals. We be pimpin' Ronaldinho for scripts. LOL

I am curious to see if we print the "D" on the jerseys, or if we print the Ronaldinho silhouette that we have the rights to, or if there will be a hybrid logo they go with. If these teams are so enamored with Ronaldinho, then that would definitely be a draw to have the Wizard on their Shirts. JMHO

Come on Dryworld, this is the second day that Beroe has announced our deal with them, let's hear from you.

https://www.insideworldfootball.com/2023/06/20/us-player-agency-crd-sport-buys-bulgarias-beroe-promising-e5-ronaldinho/

Looks like there will be $5-6 Million invested in the team with a major overhaul. We gonna sell some shirts baby!!!!

Let’s see if we get a juicy press release this morning, with some details, and god forbid some “revenue projections”.”

Honored you think I got that kind of pull. I had no idea about Bulgaria, my guess was Ronaldinho’s huge foot volley tournament, but as I found out Saturday, Umbro got that. I still think there is more, a lot of photos of Ospreys wearing Dryworld compression wear for rugby. Tag that with the new season starting soon, I think we see the ospreys and other rugby teams wearing our cobranded gear soon. I may have been ambitious with my prediction of a nickel by end of June, but then again $1 million or more in kit revenue from Bulgaria might have proved me right anyway. $1 million is a very low guesstimate with 15,000 shirts sold next year by a First league team who may be in the premier league soon. JMHO

Barrett either wouldn’t or couldn’t get it done in time. Also they may have known they had no buyers at .50 or even .10 since they had to disclose actual revenues at the time to RegA investors

It is great how we can all make stuff up. My was at least predicated by bold prediction. Yours sadly is not.

Point?

That is out of context, it was referring to the past. Before we plunged before we dropped below .03. Now the RegA is dead unless we go way above it. The RegA should be cancelled. Period. Clear enough?

I never claimed they would use the RegA at all. Those were two separate statements. I made a very optimistic prediction that the share price would be .05+ by July, and in another post on a different topic said that if the share price was over the RegA price (and it would have to be much higher than the RegA price at this point) that they could tap it for funds to pay for the audit and possibly other things needed to close deals. It takes money to make money. I hope the RegA is cancelled personally. If they did that it would show that they have other means to fund, and it would boost confidence for investors that they think the stock is worth more that .03 going forward.

I believe still that Barrett delaying getting the RegA through at .10 was what f’d us all. I would have to see some irrefutable evidence that it was not on purpose to ever not blame him. But once it was accepted at .03, the MM’s who are all short, drove the share price under .03 to starve Dryworld from getting any money as to hopefully cause them to close shop and then the MM’s would never have to cover, or not until there was a 1:1000 RS somewhere in the future.

The update says that Malibu placed an order (which means supplied a $35K Purchase Order) which means that Dryworld has received, or will shortly receive, the funds. If you look at the site for Malibu Triathlon, it states that delivery of orders will be on race weekend (Sept 30th and October 1st), but I doubt that means the kits purchased for staff and participants. Who knows, maybe they needed much of the $60K for the RegA sale in January to premake thousands of items for the Malibu Triathlon. This $35k could be the first payback on the $60K RegA money that was supposed to go for the audit. Very possible that the $60K was spent, and will return as a couple hundred thousand over the next few months and then they can pay for the audit and still have funds to support other deals. I have had to stretch my personal funds earlier in life to survive by being creative with what little I had starting out. My wife has been amazed at times that I rubbed 2 nickles together and some how came up with a dollar.

Here is a scenario that may be close to the mark:

Audit was supposedly going to be covered by the RegA money they got in January, but right around that time, Malibu said that they will need $35k worth of kits available in April, and more to be delivered at a date TBD. Dryworld had to make a decision, do they pay for the audit as intended and risk falling short at Malibu both hurting their reputation and also losing out on a profit, or do they use a chunk of the $60K to get the Malibu Kits made, get paid 3-4 months later, and then use that money to pay for the audit later? That would be how the "revenue" is cash.

I agree, that they are still going to show losses on the bottom line, my focus is what they do with the revenue now that it is growing. Are they going to, through timing and good decision making, get the most out of what they have at the time? I believe the answer is "Yes"

I think there is a reason that they put out the update on revenue (besides the fact that they know we shareholders are foaming at the mouth for it) and did not wait to just publish it in the Q3 due out on August 15th. I believe that this $50k (Quarter-to-date) announcement was to signal that they now have the cash for either completing the audit or enough of a down payment to get it very much started. I'm am going to speculate that the money raised from the RegA ($60k minus the probably 10% fee) was also meant for the audit, but that an opportunity came up for a potential deal either near or midterm (maybe they needed it to close/fund a deal with Ronaldinho?) that was the money better spent. With limited cash, they have to pick and choose what to spend money on. If we were over .03 and they could raise a few hundred thousand or millions of dollars from the RegA, I think they would gladly have spent the money a while back for the audit. Nice thing about this $50k is that it is not a loan, it is reinvestment of revenue into the company. I would hope that within 30-60 days that we would either see a completed audit or at least an update as to a targeted completion date. JMHO

I'm going to make a bold prediction. I think by the end of June, other than the RegA, no one is buying shares for under .05.

So the way I read it, 2 months in, without the $35,000 first order from the Malibu Triathlon (I am assuming more to come since it takes place at the end of September) Dryworld has already come close to doubling last quarter's revenue. To iterate, if they keep pace, they could possibly triple last Q revenue this Q, without even counting Malibu. That is good growth on its own. With Malibu revenue, they could be in the 6X to 7X Q over Q growth from Q2 to Q3. They also (without giving any numbers) have indicated that revenue avenues are maturing and new ones (potentially large ones) are now opening.

I wonder who thought about the potential impact of the Malibu Triathlon recently?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172035434

Now the activity with the refiling of the Last 2 Q's and the Last Annual, make me start to think that the $35k they received from the Malibu Triathlon may just have been used to get that pesky (and not free by the way) audit started. I'm guessing that 30-60 days from now we will finally be hearing that this small, but at the same time massive, obstacle has been completed. An announcement like the one Dryworld put out today is not made with speculation but with confidence and real execution. Dryworld has never been one to pump, so I think the fact that they came right out and said what they did today, really carries a lot of weight.

It is always Darkest Before the Dawn!!!!!!

LETZZZZZZ GOOOOOOOO!!!!!!!!!

Maybe they are doing a pre-audit to save on the cost of the actual audit. I imagine getting everything squared away before the paid for audit will be less hours, money, and back-and-forth each time they find something small during the audit. JMHO

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.

https://www.otcmarkets.com/otcapi/company/financial-report/370762/content

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!!!!