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Lmao...
Less emotions & assumptions would at least make this board look better...
I like researching big boards, small caps and the otc. I may not have a position in any of them, but that doesn't mean I cant have my own thoughts and share about them...
And good luck to you too sir.
From two sweaters and two hats?
That assumption is I'll advised imso. If there is any money coming in, it would probably be from the Reg A.
3 million shares were recently added to the o/s. Multiply that by .03 and that equals $90,000. I believe it's funding, more than anything else coming in. Not their small revenue...
Just trying to be objective here.
John is associated with known shady characters in the otc. If he can distance himself from two individuals in particular and his other otc company that recently went to trash, that'll be a start.
There's two things I do like about John though, believe it or not. One, it's his ability to hustle harder than the average entrepreneur. Two it's his brand message of positivity. So I do see some good potential in him. But it's, not going to be easy. There will be other hurdles to get through and compromising decisions he'll face inorder to grow the company.
But as long as his intentions are good, where its not at the expense of the shareholders more often than not, I'll be rooting for him...
I've mentioned nothing about their revenues, which as of now will only come through 2 sweaters and 2 hats. Their trajectory in fundamentals is of no pratical use. It may pay for some of their expenses, but I don't expect to see hundreds of thousands in revenue, let alone millions any time soon...
Their secret sauce, which has some sort of small use in evaluating this stock is their proprietary NFT's for counterfeiting clothes. It's not even in beta mode, and needless to say, they haven't even demonstrated their proof of concept which could take years along with getting the patent approved.
His product is in it's infancy stages and John has a long ways to go to prove that he is trust worthy.
Only time will tell...
The share reduction has nothing to do with the convertable debts. However the Ceo did comment on what he proposed to do with those notes. But what about the Reg A. at .03 for 150 million shares?
The case, or cases in this matter are still wide open...
Having those notes matured doesn't work in your favor...
Hopefully for you guys, the o/s is around 7.5m and the the net profit margins are 10% off of $23 million in gross revs. That would give you guys around $18 to $19 a share...
I read yesterday's filing, and it looks way more favorable for you guys compare to the one before that...
Thanks. If I were the Ceo, I would try and get the o/s right around 15 million.
That would give a theoretical valuation of $9 a share.
5 million for myself, 2 to 3 million for funding and the rest to the insiders. It also should keep the shareholders happy/contempt while setting up the possibility of going to the Nasdaq in the future...
But again, no one knows what is going to happen. But you guys should find out really soon...
Good luck to you too...
Look at the fraud Chad Curtis ran with a lot of his criminals cohorts that got convicted and charged by the sec.
https://investorshub.advfn.com/Magnum-dOr-Resources-Inc-(fka-MDOR)-2103/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=95548088&txt2find=Chad%20curtis
I posted this picture of Chat Curtis about a couple weeks ago, but he deleted it shortly right after.
Have a nice weekend...
It's in the filings. The toxic convertable debt here is around 14 billion shares.
https://www.otcmarkets.com/stock/NICH/disclosure
In yesterday's pr, the Ceo did say he wanted to reduce it to 50% off the market, which would be extremely favorable to the shareholders here, but I suspect that isn't going to happen with all of Chad's notes...
I think so. Particularly on the fundamentals and share buy back scenario he poorly explained.
There's a lot of other red flags here, but that's not to say he doesn't have a real product or actual/pending partners.
But I simply don't trust him...
You're referring to a stock that I was in 12 years ago that went from .05 to $2.49 which has no relevance here...
I already have...
I think that's a possibility if the o/s gets lowered to around 50 million here.
But based on the recent history and the discrepant documents from John Morgan from what I've seen, that would be a huge gamble for me. Especially with Chad Curtis being directly involved here.
Also, if you truly wanted to go long here, why wouldn't anyone buy the Reg A. shares at .03 as oppose to buying at the current levels, unless they wanted their position to be liquid. I wouldn't advise it, but that's not to say you can't make money here.
Good luck...
Bro, with all the massive connections and deals they have now, there's no shred of doubt in my mind...
This is feeling exactly like Circa 2016 for Dryworld. Their comeback story is truly inspirational. They'll be back to making hundreds of millions dollars again...
They did it before all within a period of 12 months, and it looks like theyll do it again.
We're tackling so many different sectors across the industry of sports and it's only going to get insane from here with the products and partnerships we have this far...
I think we can see $5 to $10 for the short term...
Quite frankly, this should be well over .70, our 52 week high with all the big news that was recently released. Minimum $2 really, but with the majority of the float in strong hands here, once we get volume, it's on...
It certainly is. We have so many different avenues of revenue coming from high grade and proprietary products.
We also have a massive amount of exposure coming soon with more deals and contracts from professional teams and athletes/celebrities.
Their brand is going to grow exponentially on a global basis .
You got it my brother.
Well, they're coming into the capital markets for a reason. To further expand their operations by way of funding...
The directors are going to get their cut as well. So who knows how many more shares will be added to the o/s. But from what I read in the otcm filings/disclosure, it's just too risky for me. It may play out differently in the beginning for you guys, or not.
But I'll be cheering for you guys on the side lines...
Something's never change. It's quite sad to see Kate continue on with her charade of duplicity.
Although I did find she had altruistic qualities in giving to those that were close to her, but it usually came from the expense of the shareholders.
She's getting up there in age. Hopefully she can cut the latter and come into terms with her transgressions before it's time...
Based on forward looking fundamentals on revenues I conservatively perceive, not to mention the hype and speculation,
we should be trading at least $2.00 minimum now...
Hypothetically speaking, if they don't add anything to the current o/s of 3.4 million, and the financials show 10% in net earnings from $23m in gross revs, then you guys would make out like bandits.
The share price would be $37.21 a share, right off the bat.
But that's hypothetical, if everything played out like that...
All the best and wishes of luck Tiger!
Keep in mind, we don't know what their net profit margins are, so it could higher, or it could be lower...
I just saw the video. The CFO eluded to making $23 million in gross revenues. According to TD Ameritrade, the price to earnings ratio in their respective industry, is actually quite good. It's around 55x their net earnings. Security companies make anywhere from 7% to 15% in net profit margins.
https://circuit-magazine.com/how-much-do-security-companies-make/
So if they make $23 million in gross revenues, and suppose their net profit margins are at 10%, their net earnings would be $2.3 million. Multiply that by a factor of 55x, and your market cap/valuation would be worth $126,500,000.
Here's an example of how much your shares would be worth, based on the amount of the o/s in each scenario l listed below.
5m = $25.30
10m = $12.65
20m = $6.33
25m = $5.06
50m = $2.53
75m = $1.69
100m = $1.27
200m = .63
300m = .42
(Full disclosure, I have no position here.)
Here's a simple projected share price with just SLT and our Athleisure wear.
I included a small portion of the d.d here as well...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168346749
Glad to see you bud. We have so many things that have been announced already, but yet we still have much more profound catalysts that are coming here very soon...
Never mind, it's no longer saying that, it must have been a glitch. Unless they figured they could restock quickly...
No other athletic apparel company sells CBD products, let alone high grade, except for us...
We keep differentiating ourselves from the rest of the pack...
Wow. The CBD products sold like hot cakes. Most of them are sold out now...
https://www.dryworldshop.com/
Oh shit, look at all those products they just listed on their website!
https://www.dryworldshop.com/collections/cbd
This is so effin nuts. $ibgr also signed a celebrity and another olympian brand ambassador.
They also have over 30 Triathletes that will be wearing our brand in Discover+ and Television in less than two weeks from now with a reach of over 200 million viewers.
Also, there will be more athletes and influencers joining soon.
And get a load of this, more professional teams and leagues are being negotiated where we can see more added revenue to the tens of millions. Who knows maybe hundreds of millions in revenue, depending on which team they land on.