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Here are a few key (exciting) points of interest I am eager to hear coming up in the Q3
1) During the past quarter, we added significant expertise to our analytics and data science team. These are experts in the areas of time series forecasting and scheduling optimization. As of August, this team will handle all market demand forecasting and scheduling of drivers, and we expect immediate impacts to driver efficiency.
2) Average Daily Orders were more than 55,000 (in Q2)
3) CAC cost.. (for those who are unsure, CAC is Customer acquisition cost) " And we believe this is a contributing factor in driving our CAC above our target levels and led to slower-than-anticipated growth during the quarter. As a result, we have been more closely monitoring the efficacy of each of our marketing campaigns, with a real-time eye on our LTV-to-CAC ratio."
"As Adam mentioned, given our improved real-time monitoring now in place we can continue to invest aggressively."
4)We expect to increase R&D spend in the relatively short term as we accelerate product initiatives and add key members to our product and engineering team.
5) we have engaged Evercore and Jefferies to advise us on strategic opportunities while management is focused on continuing to execute our business plan
6) Market Penetration "
So the numbers we had discussed were our average Waitr market has about a 5% penetration and our top market has over a 30% penetration... A lot of room to grow and a big focus on existing markets.
master services agreement to restaurants on the Waitr platform during Q2, but it was delayed until Q3 it is a first in our industry. It's the only structure out there that aligns properly with the restaurant's incentives in running higher deliveries
"To add on to that, I'd just reiterate that this is not measurable in a week. We just rolled this out last week. We don't anticipate something like this to have an effect where all the restaurants immediately join.
We do anticipate a loss of restaurants, but we want to see how this plays out really over the next 90 days to fully gather the impacts of it. But we see immediate positive result, and we're excited about that.
"Beneficial to gross margin?" We do expect some positive contribution during Q3 and then likely even more so during Q4 when we'll have a full-quarter impact to understand it better
August 6, we activated a partnership with Olo for point-of-sale integration
During Q2, we completed several initiatives that will impact our bottom line and/or better allocate investments in operation.
five cities that included both platforms after the Bite Squad acquisition were fully migrated into a single brand
The seasonality in Q2 historically was always there, In terms of Q3 seasonality, Q3 and Q2 are generally in that same, under that same tone, relatively similar. Summer months are a little bit slower, and things tend to pick up a little bit going into the fall
And so the only way we felt comfortable having the bandwidth to do both was to allow the management team here to focus on the stand-alone business aspect and to bring on Evercore and Jefferies to help us with the things that are happening on a regular basis in the space right now. So again I'd just reiterate we're incredibly confident with our position and what we're doing and the growth we see in front of us over the next six and 12 months, but we need the bandwidth to adapt to the external factors that are happening in the space at the same time
There are many things to look forward too, expertise added and improvements should begin to show themselves, but how much? GLTA
Here are a few key (exciting) points of interest I am eager to hear coming up in the Q3
1) During the past quarter, we added significant expertise to our analytics and data science team. These are experts in the areas of time series forecasting and scheduling optimization. As of August, this team will handle all market demand forecasting and scheduling of drivers, and we expect immediate impacts to driver efficiency.
2) Average Daily Orders were more than 55,000 (in Q2)
3) CAC cost.. (for those who are unsure, CAC is Customer acquisition cost) " And we believe this is a contributing factor in driving our CAC above our target levels and led to slower-than-anticipated growth during the quarter. As a result, we have been more closely monitoring the efficacy of each of our marketing campaigns, with a real-time eye on our LTV-to-CAC ratio."
"As Adam mentioned, given our improved real-time monitoring now in place we can continue to invest aggressively."
4)We expect to increase R&D spend in the relatively short term as we accelerate product initiatives and add key members to our product and engineering team.
5) we have engaged Evercore and Jefferies to advise us on strategic opportunities while management is focused on continuing to execute our business plan
6) Market Penetration "
So the numbers we had discussed were our average Waitr market has about a 5% penetration and our top market has over a 30% penetration... A lot of room to grow and a big focus on existing markets.
master services agreement to restaurants on the Waitr platform during Q2, but it was delayed until Q3 it is a first in our industry. It's the only structure out there that aligns properly with the restaurant's incentives in running higher deliveries
"To add on to that, I'd just reiterate that this is not measurable in a week. We just rolled this out last week. We don't anticipate something like this to have an effect where all the restaurants immediately join.
We do anticipate a loss of restaurants, but we want to see how this plays out really over the next 90 days to fully gather the impacts of it. But we see immediate positive result, and we're excited about that.
"Beneficial to gross margin?" We do expect some positive contribution during Q3 and then likely even more so during Q4 when we'll have a full-quarter impact to understand it better
August 6, we activated a partnership with Olo for point-of-sale integration
During Q2, we completed several initiatives that will impact our bottom line and/or better allocate investments in operation.
five cities that included both platforms after the Bite Squad acquisition were fully migrated into a single brand
The seasonality in Q2 historically was always there, In terms of Q3 seasonality, Q3 and Q2 are generally in that same, under that same tone, relatively similar. Summer months are a little bit slower, and things tend to pick up a little bit going into the fall
And so the only way we felt comfortable having the bandwidth to do both was to allow the management team here to focus on the stand-alone business aspect and to bring on Evercore and Jefferies to help us with the things that are happening on a regular basis in the space right now. So again I'd just reiterate we're incredibly confident with our position and what we're doing and the growth we see in front of us over the next six and 12 months, but we need the bandwidth to adapt to the external factors that are happening in the space at the same time
There are many things to look forward too, expertise added and improvements should begin to show themselves, but how much? GLTA
Copy and paste my sentence that made you think I dont believe? As a matter of fact re-read it and post the whole thing and dissect what sentences made you feel what? I have to know wtf youre thinking and how you got there?
I have no stake in the stock just reading the thread.. "79 and no way he is working with ex military"? Ex military contracting is huge. From operation iraqi freedom to private security.. Contractors 50-70 was very common.. at 79 I imagine a very detailed disciplined individual.You would be very surprised how many contractors are "senior citizens". What do you think this guy is jumping out of planes in a hostile zone and running around cities and deserts carrying 50lbs of gear? Although he may be able to or required to meet the standard if.. But I give the guy benefit of the doubt as being methodical and strategic.. I could be very wrong.. Just saying that because he is old does not at all mean he doesnt have his hands in the contracting business.. all those MF are old looking for the 200k 4 month contract
10/24 Penny Stocks to Watch: Waitr Holdings and MoneyGram International
Waitr Holdings
Waitr Holdings Inc (NASDAQ:WTRH) is a leader in on-demand food ordering and delivery in underserved US markets, such as its home state of Louisiana. Last year, Waitr acquired Bite Squad in a deal worth approximately $321.3 million USD, which has allowed the company access to over 86 markets in more than 500 cities across 22 states. The reasons this penny stock caught our eye is due to its high growth business model, 85% year-over-year gross food sales growth, and 98% year-over-year revenue growth in Q3 2018.
Waitr’s Q2 results also make for good reading for penny stock investors, with revenue increasing 218% to $51.3 million USD compared to $16.2 million USD from the previous year. The company also announced a “Path to Profitability” initiative with the intent of strengthening the business through realizing synergies from the Bite Squad deal, which is expected to bear fruit in the next years. Waitr shares are currently trading at $0.61.
https://microsmallcap.com/penny-stocks-wtrh-mgi-10-24-19/
3 analysts rate the stock as a buy with another 0 rating it strong buy. There are 3 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $7.11 on shares of Waitr Holdings Inc. (NASDAQ:WTRH), which corresponds to 1,209.28% upside potential than its current market price of $0.5396 and implies potential despite the recent drop in the price. However, their current target price has fallen from $7.61 a month ago and is down handily from the consensus target of $13.78 a quarter ago.
Probably going to hear of the board members and the CFO. (before nov 1st) May bring SP back to 1.00 (nasdaq compliant) . If GrubHub or a notable team is put together forget it, its back to the races
Pursuant to the Loan Agreement August 28, 2019, the Company may make multiple borrowings under the Loan Agreement in the total aggregate principal amount of up to $2.5 million (the “Loan”) for the purpose of completing development and construction on certain real property located in Pahrump, Nevada owned by the Company. The Loan is a multiple advance credit facility. Interest in the amount of 15% of the total amount borrowed (based on total draws) under the Loan will be paid in addition to principal at the maturity date. The Loan has a term of sixty days from funding of the Loan and may be extended for additional sixty days subject to the satisfaction of certain conditions including ten days’ notice and an extension loan fee of 15% of the aggregate total of advances under the Loan. The Loan is secured by a first priority interest in the Company’s real property located in Coolidge, Arizona, including improvements and personal property thereon (the “Property”) and includes an unconditional guarantee by Item 9 Labs Corp.
You know why TGOD ivestors get a bad name? Because you have morons who post year old articles thinking they're from yesterday..
I cant even say to accumulate because there is no telling what theyll do... This is end of year sell off with added gasoline from the board by keeping investors outside of the circle in the dark.
I Emailed IR repeatedly with questions. None have been answered. One thing I started to look in to is their IR rep Jeff Rassas. TimefireVR was his baby and look at where thats at. My guess is, end of year sell off for taxes. Combined with the ceo/pres + board members selling in August and September.. Leaving that as the last PR for two months is not good either..The sell off was expected but certainly for me not to this point. I dont even want to buy because who knows wtf these guys doing and Id just be feeding the shorting. I bought more the other day (on the ask mind you)and the sp went down .10 haha
1.2 - 1.5mm Cad is what I figure. They could stand to slow down with the employee stock payments and options a bit or lower the amount as the share price rises..Thats just my opinion.. I do think the team is doing very well in their execution..
Arizona
July - qualifying mj patients 205,609 (GRASS SOLD - 223,740.95)
August - qualifying mmj patients 204,271 (235,922.59)
September - qualifying mmj patients 210,308 (226,382.12)
(August had 9/9/19 sale September adds 6k more patients)
North Dakota
September active patients 1100
October 11th active patients 1446
That would be great Marathon and I really hope it is.. I think this quarter is the "rumbling of the volcano" so to speak.. I think next quarter will be the Eruption.. If they nail this new offering than skies the limit. Right now all they need to be in the market 100% is those concentrates.. Those people are their own market.. From experience, Florida only allowed for vape and oils when they first introduced MMj.. Those vape pens and distillates are a "ferrari" of potency.. being the vapes and oils were the only option prior to the "cups" those folks had very high tolerances built up to where ANY flower would have no mental effect.. Those crumble, shatter, rosin, butter, sugar.. they are their own market.. Flower wont be effective, vapes go very fast and the cost just doesnt make sense when one can buy the syringe and fill it themselves getting about double the amount of usage.. LHS has not had flower selection the past two weeks.. Something is going on and if they drop the ball on this Im going to let them know it.. I know a district manager.. Says that they will be having many new offerings.. obviously.. But if it follows marys or solei (which imo does not sell often enough)then they fumbled the ball.. One thing we all know.. THEIR FLOWER WILL SELL OUT.
It is very good that they made the pre rolls that 1 week.. That actually made them a bit of profit.. I said earlier so what if they can sell.. They have to make money on the sale...
I read hundreds of messages.. Maybe more.. it feels like more...Im all over the sentiment of the patient, I am a shopper in the cannabis market and I dont care if they Sell 2600 ounces,, Sure go ahead and sell sell sell But if you aint making money than... Let me ask why LHS should be valued higher than High tide or Choom?
You must be a member of the FL medical groups? Then again you dont seem like you follow the threads?
A lot of folks not happy with LHS today.. Flower friday and all they have is Blue dream 8ths 19.8% and Blue dream prerolls.... So this week again they lack on the flower selection..BUT what does this say? Either 2 things I gather. 1) The company is accumulating stock for the rebrand later this month.. Should be pretty sweet if they execute it properly.. OR..2) crop failure... I dont think it would be crop failure since We know that the facility renovation was targeted as an October end date.. October facility, rebrand, no grass the past two weeks.. Thats what we know..
What I hope is a lot of it was used for concentrates. Crumbles rosins and shatters. They go hard with just extract where they are able to charge 40-45 a G and Still produce better margins... Sour purp crumble, A5 crumble, Starkiller shatter.. That would grab the attention of the patients who have never considered lhs bc they didnt have concentrates. If the concentrate drop is successful than they have cemented their 2 position..
A lot of folks not happy with LHS today.. Flower friday and all they have is Blue dream 8ths 19.8% and Blue dream prerolls.... So this week again they lack on the flower selection..BUT what does this say? Either 2 things I gather. 1) The company is accumulating stock for the rebrand later this month.. Should be pretty sweet if they execute it properly.. OR..2) crop failure... I dont think it would be crop failure since We know that the facility renovation was targeted as an October end date.. October facility, rebrand, no grass the past two weeks.. Thats what we know..
What I hope is a lot of it was used for concentrates. Crumbles rosins and shatters. They go hard with just extract where they are able to charge 40-45 a G and Still produce better margins... Sour purp crumble, A5 crumble, Starkiller shatter.. That would grab the attention of the patients who have never considered lhs bc they didnt have concentrates. If the concentrate drop is successful than they have cemented their 2 position..
NexTech AR Solutions set for rapid growth as nascent augmented reality market explodes: Zacks
Recession proof stock?
Analyst Lisa Thompson said the AR market will expand by 289% per year over the next five years, so NexTech deserves a higher valuation
Analysts at Zacks view NexTech AR Solutions Corp (CSE:NTAR) (OTCMKTSNEXCF) as a rapidly growing company propelled by high-octane growth in the augmented reality space.
Zacks has a $1.50 per share price target on NexTech AR based on strong forecasted sales. The stock currently trades in the $0.66 range.
“NexTech AR is a technology start-up and a unique public company pure-play investment in augmented reality. As one of the first movers in a multi-billion-dollar market growing at almost 300% per year, NexTech should be able to grow rapidly as this nascent market explodes,” Zacks analyst Lisa Thompson wrote in a note to clients on Thursday.
READ: NexTech AR partners with Google on Internet giant’s new 3D ad platform
“It does not produce hardware, but rather uses AR to improve eCommerce results for customers as well as its company-owned sites. In addition, it uses hologram technology and is starting to apply its technologies to the education and entertainment spaces,” she added.
Based in both New York and Toronto, NexTech is known for its proprietary e-commerce platform, ARitize, which enables retailers to transform two-dimensional images into true 3D AR experiences for consumers.
Bringing AR to marketing
“NexTech AR is the only public pure-play we know of that is providing services to allow companies to use AR in marketing and advertising their goods. At a price to vendors of $30 per month per SKU, adoption of just a tiny percent of the trillions of products sold worldwide will create a massive revenue stream for NexTech AR,” said Thompson.
NexTech has a slew of customers which include IBM, Budweiser, Zoltan David, Block Scientific, Walther Arms, Wright Brothers, Vertical Designs, Touchstone Home Products, and BRNT Designs.
“NexTech is acquiring eCommerce businesses that have standard web sites and then adding AR and/or holograms to boost sales and profitability. This year NexTech purchased two small companies, selling unrelated products, but with positive cash flow and it has already started to improve them. We expect it to continue to buy web sites at low valuations when available,” said Thompson.
“While these company-owned websites are primarily being used for in house testing, we could see the company growing them and ultimately reselling them later at higher valuations,” she added.
The analyst also noted that the company is “uniquely positioned” versus its competition as its platform works with both Apple and Android, while others work only on IOS.
“It can push 3D content to both the web, and an app, while others cannot do both,” said Thompson. “It allows customers to self-publish which others do not. It provides a full range of services from image capture to hosting, and it has expertise in holograms and training allowing it to add more than just basic 3D AR capabilities."
Contact Uttara Choudhury at uttara@proactiveinvestors.com
Follow her on Twitter: @UttaraProactive
https://www.proactiveinvestors.com/companies/news/904677/nextech-ar-solutions-set-for-rapid-growth-as-nascent-augmented-reality-market-explodes-zacks-904677.html
3 boys farm sold out of ounces and now have 15 pre rolls for 100. I have never shorted a stock. Never cared to or felt tempted to play that side. Here is what my, conspiracy every ceo in the cannabis sector and employee are lying theory for Liberty at this moment. Flower sales really started taking off this quarter first month of the last. The expansion to Orlando Panama city and the other they opened after the ohio assets sold. Okay, the rebrand and the October renovation (wonder if its on time, I believe dropping the rebrand/new brands when they open orlando would be something that crossed my mind..) Well..One other thing that crossed my mind is going to the well for some water after they announce the new brands.. I remember reading about LHS having friends here in FL and mentioning something about it I cant remember what but I think it had to do with GGB?
10/10/19 Full interview: NexTech AR Solutions hires Kashif Malik as company's new CFO
https://www.proactiveinvestors.com/companies/news/904613/nextech-ar-solutions-hires-kashif-malik-as-company-s-new-cfo-904613.html
An older article on google 3d.. We know now that NexTech and Google had been working together. Also Google and Facebook control 60% of digital advertising..
https://www.searchenginejournal.com/google-introduces-interactive-ads-with-3d-objects/313029/#close
Oh yes I know 3 boys is on their last legs it would seem. Liberty does sell..or doesnt really sell their concentrate. the rebrand Zentient labs has a lot riding on it.. Pretty pistil, incredibles and papa.. If they can do a crumble shatter or rosin..heck 1 of each. would be great.. If they did the same as they do with their grass of having one or two extracts that are Always there but at a discount.. Then Bingo.. Thats really all you need as flower proved.. They had the 2 strains at mass at a discount.. worked out well.. it saved them.. So if they repeat that(lol what sick joke if they did the A5 crumble and Blue dream)and have the 2 at a discount it will absolutely positively bring in the concentrate heads.. Oh man if they did it at 40.. forget it...
When I said there is no more long term investors in cannabis anymore is because of what the institutions did to all those new investors and the company chart. I think you would have to be crazy to invest and turn away long term..
I had the ebony and Ivory before (3-4 months ago).. I think it was about 20% THC,, Now that strain was so common in New Jersey for years 2005 and so on.. Maybe even before then back in 01.. I had not seen it in Florida before. I would not recommend ebony and Ivory because it really isnt that hot.. For 125 though an ounce.. Most definitely
3 boys farm - a non listed- who could not sell a gram to save their lives MUST of had soo much stock building up they cut the price. I hate to even give them any publicity. But I do want the price of grass to drop. 3 Boys 125.00 an OUNCE
Magister I think LHS is going to drop to .25. I hate to say that and I hate for any Longt.. Actually there is no more long term shareholders for any Cannabis stock.. We can thank the SEC for that.. But I believe this because 1) I hate to write it here but someone just CHOPPED the cannabis price way below the big boys. 2) because if there is a rebirth of LHS with their new brands and extractions before that happens the MM has to get it as low as possible.
3) There may be delays with either opening Orlando or the October rebrand?.
It may even go lower than .25US for the short term.. If the rebrand is hot and they have the concentrates then this pup should start to climb ALLLL the way back up.. To above a dollar..eventually
I dont think it will be even close to 6 months. Why? Because The dutchman is so much cleaner than many many other LP.. Thats a plus. The organic story, reduce reuse recycle is a huge plus with cost,
0 debt, 0 scandal with the organic market more popular than ever, with it seeming to be growing in popularity only makes me think two things here. 1) this is an attempt to find an absolute bottom, management knows this
2)The PR today is a prequal to an offer from a potential partner. IMO it is notifying the common shareholder that "Hey when we announce this offer in the coming weeks, Know that its not going to be at 2-3-4-5US because of this...
And then we begin to rebound bc of distribution deals and priduct announcements Blah blah blah.
One way to look at it I suppose
5 Overvalued Stocks With Too Much Stock-Based Compensation
(so true)
Cronos (CRON)
Nothing About a Management Shakeup Improves Cronos Stock
Source: Shutterstock
SBC as a % of Revenue Last Quarter: 19.5%
GAAP Earnings vs Non-GAAP Earnings Last Quarter: N/A
Pot stocks are infamous for suffering from overvaluation and too much hype. Canadian cannabis producer Cronos (NASDAQ:CRON) was the poster child of overvalued pot stocks in 2019, as investors simply got way too excited earlier this year about the company’s huge investment from Altria (NYSE:MO). CRON stock has since collapsed, but even after this plunge, the stock still seems richly valued if you look at the SBC picture.
Last quarter, CRON’s SBC totaled CAD $2 million while revenues totaled just over CAD $10 million. Thus, the SBC rate was narrowly under 20%.
For anyone who follows pot stocks, this should jump out as a red flag. The biggest concern in the cannabis industry right now is a lack of profitability. That is, these companies appear to be miles away from achieving even non-GAAP profits. That dour profitability picture becomes even more bleak if you consider that non-GAAP profits are inflated by huge SBC.
The big idea? CRON stock projects to be narrowly profitable next year, based on non-GAAP Street estimates. On a GAAP basis, it may be another few years before this company strikes a profit. Yet, CRON stock trades at over 100-times trailing sales. That’s just too big of a multiple for an unprofitable company.
How big of a scumbag is TGOD management. Fact is theyre in bed with wallstreet and Brian is on his knees for them. Maybe they grow shit weed on top of misleading shareholders? WTF does their definition of secured mean?
NexTech has been working with google for 6 months.. I wonder what google thinks of the AR Studios?
She is gearing to go Parabolic.. Right chartists?
Bunch of scumbags.. Whats the point of updating the construction videos when they BS the whole time..
Can you guys believe just how shit of a job Brian Athaide is doing? I think he detroyed the company and the confidence that an investor may have had..
Item 9's Afghan Kush featured in Dope Magazine.
https://dopemagazine.com/afghan-kush-item-9-labs/
10/8 Proactive investors Full Video Gappelberg interview
https://www.proactiveinvestors.com/companies/news/904414/nextech-ar-solutions-working-with-google-to-launch-3-d-ads-904414.html
I thought IHub is where we are supposed to share these articles? Im not paid to pump Im just posting the latest articles before anyone else is all.
NexTech AR partners with Google on Internet giant’s new 3D ad platform
https://www.proactiveinvestors.com/companies/news/904381/nextech-ar-partners-with-google-on-internet-giants-new-3d-ad-platform-904381.html
This is a must read article.
HA..No just trying to restore some confidence.. Whatever little it can