Don't mess with my riddim
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Over 2 mil premarket volume something's up $hmny
Amen, as much as I'm bullish on Moviepass, Farnsworth needs to shut his mouth.
Maybe I am missing something but how can they file chapter 11 if they have no debt to restructure?
Took a starter here. Loving the charts, and lithium demand is only getting higher. $orrp
wow hitting new highs bam $axxa
.002 gone, .0022 up $DKGR
Anything can trigger a huge volume spike here and we can see pennies in a heartbeat. Float is too damn low to ignore. $DKGR
insane float here should run up $elecw
AMC said moviepass users went to movies 2.75 times but they don't have the numbers of people who own passes but don't go.
Drake Gold Resources Inc. is the holding company of Universal Apparel Company, an Illinois domiciled corporation.
UNIVERSAL Apparel is a vertical marketer, manufacturer, and distributor of high quality branded and private label active wear apparel. It specializes in the selling of a variety of casual and athletic wear tops and bottoms, embellished and unembellished T-shirts, and fleece products for the rapidly changing apparel market. It focuses on the broad distribution of apparel products to specialty and boutique stores, high-end and mid-tier retail stores, sporting goods stores, screen printers, and private label accounts to name but a few. More recently, certain products are sold in college bookstores and to the hospitality industry.
UNIVERSAL Apparel Company is committed to providing superior apparel and textile products to the North American and European consumers with both a strategic price advantage and with delivery times unmatched by any competitors . It is equally committed to always exceeding customer expectations.
UNIVERSAL Apparel Company is successful and growing rapidly, because it can custom manufacture for mass merchandisers, wholesalers, and can produce consumer brands. UNIVERSAL can now produce the volume needed to sell to major warehouse club stores in the U.S. Since UNIVERSAL does not use middlemen, it deals directly with its markets allowing it to increase its margins. Many of the materials are imported quota free into the U.S. These advantages are combined with a strong, experienced management team, excellent profit margins leading to sales growth year over year.
Universal Apparel's Factories that are contracted employ approximately 3,500 full time employees located mainly in Bangladesh but include India and China. It has invested significant time and resources in ensuring that the working conditions in all of those facilities meet or exceed the standards imposed by the governing laws. Due to its clout, it also obligates third party manufacturing contractors to follow these stringent employment policies.
http://universalapparelusa.com/universal_apparel
Tuesday, 03 April 2018 Universal Apparel & Textile Company (DKGR:OTC) announces to create wardrobe for TV host Mike Sherman for an upcoming TV show.
Universal Apparel & Textile will create wardrobes for Mike Sherman & co host for he's new TV show "Before the Fame” that is scheduled to debut this fall on broadcast television in Miami and other selected markets throughout the country.
Mr. Kabir, CEO of Universal Apparel, states, “Mike Sherman is excited to work with us. He believes we are a perfect fit to create he's style. This new venture will allow Universal to design and manufacture branded products for stars and celebrities. Mike is also in discussion with us on he's own apparel line, such as trendy T-shirts, backpacks, hoodies, jeans, and footwear. “
When you are In front of the camera you must feel conformable in your attire and Universal Apparel has the right blend of style and capability says "Mike Sherman" the host of " Before the Fame". When your sitting down with todays' pop stars such as Fat Joe, Dj Khaled, Flo Rida you have to look the part!
Updates will be forthcoming.
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise
http://universalapparelusa.com/blog/view/647/universal_apparel___textile_company__dkgr_otc__announces_to_create_wardrobe_for_tv_host_mike_sherman_for_an_upcoming_tv_show_
Nice that that quick. It was down earlier today, but looks like it was taken care of fast.
Very solid business here making almost $2 million last year. $DKGR
Nice close. More eyes on this tomorrow. $DKGR
no it's temporarily down. someone called the owner and he was surprised about that. should come back up any day. tech guy was asleep at the wheel lol.
Became Pink Current today. The fundamentals are way better than 99% of the OTC. Market cap way too low all things considered. $DKGR
Great update thanks for that! Really liking those numbers. No debt, almost $2m revs, low overhead. Anything can send this flying with the float. Go $DKGR
interest definitely building, big volume today $dkgr
The website should be coming back up soon. Tech guy must have been sleep at the wheel. Good update though. Solid revenues, factories are moving.. $DKGR
Did you ask anything else like what do they sell and in what channels? $2 milly in sales is nothing to scoff at. $DKGR
Good find! They have almost 600 products on Amazon. https://amzn.to/2G4jL2h $DKGR
$300k more in sales this year than last, $10k shy of $2 milly.
This should easily be trading in pennies actually. With the float I wouldn't be surprised if it gets there soon.
Super thin, low float, unjustifiably low market cap considering the 1.9 mil in revs $DKGR
Market Cap
34,309
Authorized Shares
50,000,000
Outstanding Shares
31,190,437
Float
30,538,385
Well that sucks.. why not get an etrade account?
Yeah fins are solid should see some solid movement here $DKGR
She moves on air! $DKGR
How can you go bankrupt when there's no debt to restructure???
Uh you're literally just pulling numbers out of your ass. You must not have read the last 8k, or anything for that matter considering how wrong your post is.
Do you guys honestly think this will stay at a $50 million market cap with monthly sub revenues alone are close to $30 million? Everything about this stock is such an overreaction it's sickening. There's no rational investing out there anymore. Everyone is a day trader it seems. Long term holders will be hugely rewarded at these prices.
Here's the way I see it: All the selling has been a huge overreaction to the 8k, and subsequent articles calling for doom-and-gloom on the company. (Since when did online entertainment/tech magazines start writing predictive articles based on a company's 8k, unless it was a company that has been put under a strong microscope based on overall interest?) I find it best not to read articles that pretend like they have a crystal ball into the future. For example: https://www.theverge.com/2018/5/8/17332188/moviepass-helios-and-matheson-sec-stock-price
There are PLENTY of positives floating around right now: If cash burn has been roughly $20 million a month, then they already make up for most of that in sub revenues if we're sitting at around 2.5 million subs. We have yet to take on any debt, so there's no chance of the company going bankrupt anytime soon. We have 2 MoviePass Ventures films coming coming out next month, and hopefully Gotti w/ John Travolta will kill it at the box office. HMNY CEO recently said there is access to capital markets something to the tune of $300 million, so money won't be a problem in the long run. Once the two companies fully merge, it could open up a lot of hedge fund investing which could shoot the stock price way up over time (a lot of hedge funds won't even touch a proxy stock). There's going to be partnership deals being announced with smaller exhibitor chains in the next few weeks (https://www.theglobeandmail.com/arts/film/article-ceo-mitch-lowe-on-how-moviepass-can-save-the-theatre-industry-and-its/). The company keeps saying based on their projections, they can be cash flow positive when they reach 5 million subs. Even if they plateau at 5 million subs, that's still a $600 million a year business. Plus there will be more pricing options to the service soon, including family plans, couples plans, and premium showings. They will change their pricing structure way before they go underwater. MoviePass has been around for 7 years, no way they will shut the doors in the next few months.
This will bounce back and hard imo. A company that's slated to bring in over $500m rev next year should not be trading at this level. It's a hard battle when financial news outlets start writing doom and gloom articles about released 8k's. Company has not taken on any debt yet, growth still in tact, 2 movies being released next month. The overreaction here is unreal, and quite unsettling, but I still believe in the model and taking the long view here. No reason to sell at a loss anyway when the company is not going out of business any time soon.
Got my $1.00 sell order in just in case someone gets a case of the fat fingers again. $AXXA
going north on no volume. need some ask slappage!
Theoretically yes. It's an investment that could bring in revenue in the long term. It can be compared to how Netflix buys content to gain more subscribers.
You just asked and answered your own question...lol. But let's put it this way... The tickets are a loss-leader, but eventually they hope to at least breakeven on the tickets and everything else from there is gravy. They've also put their skin in the game moviewise and have purchased rights to some films that will be played in theaters, more recently they purchased the rights to John Travolta's new film Gotti.
Not all business moves fast, but I still think this has the potential to be next big data company, much like Netflix. Netflix uses big data to tailor your Netflix feed, and they make content buying decisions based on what people watch. Moviepass operates under the same vein in an industry that has been bleeding a slow death because exhibitors keep raising the prices. MP will use the data they collect to sell advertising, and eventually personalize the app feed. And they are already bringing folks into the theater, which is backed up by in-depth analytics. Check out this Second Measure report on Moviepass. They analyze credit card transactions on a large scale and can come to some really insightful conclusions on the impact MP has on the exhibitor business. https://blog.secondmeasure.com/2018/03/23/moviepass-ushers-in-surge-of-theater-sales/
One of the more insightful charts from their research: