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.
No, I did not. The CEO was impressive enough to me, as were his partners that he discussed at length that I did not even consider questioning their rationale behind one ticker or another. It is what it is. 20M O/S, 2B O/S or 20B O/S to me is irrelevant. CWIR. Buy, sell, do what you do. As for me, there's a meme on one of the posters here about sleeping like a baby as the owner of some CWIR shares, with the point being there are plenty of others that run the risk of keeping you up at night. Count me in that category right along with him. UF
Let me just put it to you this way... Currently, we are at about a 10M market cap. They've been piecing together companies that will be rolled up for over a year. CWIR is the vehicle for doing so. The first one is a $20M-$30M company to be used as a vehicle for expanding their footprint in the trucking industry...and that's just one of several to come.
The only thing he would say is that each one will be brought in once the dust had settled so to speak from the previous one and he was referring to the legal, paperwork, documentation, filings, etc on each as the plan is to only bring on companies with strong revenues and profits already and solid management already in place.
They aren't operators. None of the primary officers/directors will end up being bogged down in the day to day of one business or another. As they plainly stated, they're deal makers. The want the companies to stand alone even after acquisition and run themselves, only with renewed focus and with the financial backing necessary to ensure their success. UF
There's no maybe about it. Multiple companies in the works...
Highlights For Emphasis - Dear Fellow Shareholders,
Here's a snippet of the letter to shareholders. Highlighted for emphasis are the points verified and discussed at length in a phone conversation with the CEO. Nothing new, just verification of what he's already put out there, but enough for me to accumulate another 10M shares yesterday and this morning based strictly off that conversation. GLTA and I hope like hell for each of your sakes that you don't sell even one share of this very unique and amazing opportunity. UF
"I’m sure you’re all wondering about the new management, additions to our Board of Directors and our business model moving forward. I will say that I am excited to begin executing our model, although we started the process about a year ago, we decided on using CWIR as our public platform a few months ago. We also had to make sure our partners were on board and our deal flow pipeline was strong.
A question that has been asked is, why start on the Pinks? There are a few reasons, NYSE and Nasdaq companies for the taking just don’t exist and if they do, the acquisition cost is probably close to around $100 million. Starting from scratch with an S-1, fund raising, FINRA, IPO process is time consuming and our story would have been lost in paperwork drafts and amendments. Going with the OTC market puts us on a “fast track” and we are using this platform only as a stepping stone to building our shareholder base, our financials, making sure our in-house compliance department is in order so when we decide to up-list, we’ll be ahead of the curve.
With the pipeline of companies (plural) we have signed to Letters of Intent to purchase, we would meet the listing criteria with our initial acquisition. Are we going to apply right away? Probably not, I’d like to build our consolidated financials first. We’d like to have some real size and depth before considering.
So what exactly is our business model? We’re an acquisition holding company that will purchase private operating businesses (plural) with annual revenues of between $5 million to around $30 million. These businesses will become wholly owned subsidiaries of CWIR, the parent company.
I do believe this may be the first time that a microcap pink sheet listed company purchased a business many times its current market cap. We look for management teams that want to work together with us, as a team, to grow and expand the business. They will be able to focus on executing the business while we focus on investments, capital markets, investor relations and regulations.
At some point in the future, be it two or three years, depending on the market environment, we’ll consider spinning subsidiary off. As a current shareholder during that time, you will also receive shares in that entity.
If you ask me where we see ourselves in five years, I would say that we would like to have ten to fifteen subsidiaries under our
umbrella at all times and spinning off or selling four or five each year.
I don’t roll the dice, I don’t gamble, I don’t hope things happen. I like to believe that I do sure things. As a matter of fact, I’ve only been to Vegas a handful of times because of these reasons. The way we do that is by controlling the process, structuring deals that make economic sense because we are executing on our terms.
What’s our industry focus? Quite frankly, we’re generalist, except for David Platt, who specializes in Pharma and Bio tech, and Ray that specializes in the financial arena, but at the end of the day we’re all deal guys."
Spoke with the CEO yesterday...OMG!!!
Excellent Day! Now for a little consolidation and further movement north!! UF
Blue Skies w/No Dilution = BOOOOOOOOOOOM!!!
12.5M Bid at .0025! Nice!
As always, your posts are realistic and spot on. GLTY UF
Read this letter to shareholders. If they just pull off a fraction of what they're claiming, this will rocket skyward! GLTA UF
https://www.otcmarkets.com/companyPresentationViewer?cmdId=2112&symbol=CWIR
That's awesome! 500+ and a green day ahead!! GLTA UF
Somebody follow the board so we can hit 500 followers! LOL
That's a pretty significant accomplishment from the 61 followers we had on February 22nd. UF
Buckle up. October should be a fun month. GLTA UF
Swore I wasn't going to buy any more shares today, but I did. LOL Too good not to take advantage of this mega run in the making. UF
NOW is the time to accumulate on this one. Viaderma run with same or similar product was Epic!
Most of my plays are intermediate to long term types. This definitely fits the mold of one that has untapped PPS potential and one you want to accumulate now while it's way undervalued. UF
I'm a founding member! GO UNVC!!!
That's awesome!! Thanks for sharing. UF
You can count me in that group! LOL
Right on, Man! Lot of room to grow in PPS on this one. UF
Too quick to pull the trigger. Most of these plays are more than just a 30 minute transaction. Once you get beyond that mindset, you'll make bank. UF
I hesitated on the Viaderma play with a similar story line and missed a quick 10Bagger. Not going to let that happen this time. UF
Agreed. Accumulate, accumulate, accumulate and thank me later. UF
With this low float and this news, you are absolutely right!!
http://www.nasdaq.com/press-release/agrimed-industries-announces-cannabis-oil-partnership-with-univec-20171002-01323
IMHO Yes, Warrior Princess.
This company's approach to convertible debt has kept them grossly oversold for some time now it seems. They look to be zeroing out that line item here soon if they haven't already and the company has a massive operation and to me should be trading at .0075 minimum just for starters.
Check out their latest filing. Because it is unorthodox and not what people are used to, it could almost seem too good to be true, but if you go back and look at multiple filings, you'll see that they are in fact for real and once the convertible debt is off the books, this one should soar big time!
Still accumulating, but will get the word out soon. UF
Got your info on this stock. Very impressive stuff! UF
Level2 looking good on this one all the way up! UNVC!!
Just took 3.5M at .0015. This is grossly oversold! GLTA UF
I'm with Backstabbed on two of his plays.
SIGO, accumulate every share you can under a dollar. When they execute their current plan, it could well result in a $10 or better PPS within 12mo or less.
And then there's CWIR. Go to their board and just read the shareholder letter from the CEO. If that doesn't get you excited, nothing will.
GLTA UF
When are they due?
150%!!
10K sf x $500 = $5M. $1.07 PPS @ 1X Sales and that's just there initial grow space. Grossly oversold IMHO. UF
...and you're contributing to locking up the float!