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.023 .... And yes I'm always angry when Companies pull stupid stunts like they did. You may not believe this, But I truly want them to be as Profitable as they seem to imply they will be. Sam Himself said it was stupid to put out the dilution package the way he did. These are the kind of mistakes a new company can't afford to make. If you look at the post volune on ihub alone I'm guessing that lost them 60 to 65% of those excited about it.... It's really hard to get that momentum back.
There are other little things too. Posting a picture of a mail Carrier sized truck loaded with trash bags of weed.... Does not to me say, "This is an efficient, organized, company that keeps careful track of its inventory".
I've been in many OTC stocks that have put out Revenue estimates for the quarter and year( usually with a bunch of safe Harbor type statements). It only has To hit in the reasonable ballpark of their estimate but it is A type of confidence building Strategy When it sees its price sliding significantly.
Most of these JV and partnerships are so new that I can't see putting out generalized numbers as a whole could in any way jeopardize them. From their start they should have real estate based revenue and should have some idea of their cut from the 1st harvest, etc.
They should probably Put off their involvement in the NFT crypto programs as well for a time And concentrate on there more established Industries. There's a 1000 new coins and programs out there right now and after initial Pumps.... They've all pretty much crashed down and laying low for now... Look at Dogecoin.
If they hadn't screwed up not once but twice on diluting stock share And not trying very hard to make their intentions clear on the matter..... I think There would be a lot less like me that are nervous and would be willing to give them more time to show their hand. Their current strategy does seem to diverge from their initial proposal . Just show us some positive outcome or revenue from the things you have had in the works for a while. Anything!
As to a previous comment about some of us whining instead of accumulating...... Many of us had been doing exactly that and even bringing a couple others in to invest.... Just to have this dilution scheme thrown out there there Willie Neely With no explanations and watched our stock price dropped by 60%.... From that point on, They need to prove themselves and show us some numbers to make us true believers again!!!!
Trust me there are many that totally empathized with your impatience... I being one of them. My hope is that is that this is so under the radar.... If they have revenues any anywhere near 20 million..... I'm looking for A 4-5 day binge buying Once the financial starts spreading around.
They're already in the process or might even have finished setting up 2 other bakeries is other bakeries to meet demand in Australia. I think the epiphany stores are up to 28 now and not 20. Based on an older Dunn in Bradstreet Accounting they're gorgeous coffee alone had revenues of 2 and a 1/2 million a year or 2 ago
. Is they fairly recently started supplying a metro mart convenience store chain
I think "restings" valid point is we don't know what Or if there is actually "tangible achievements". I can think of more than one company in the last few years that had supposedly a nationally known manager and a ton of JV arrangements and partnerships and profit sharing arrangement that they announced on a fairly regular basis over the period of a year..... That in the end ultimately they were all bumpkus. Bravatech comes to mind foremost And that guy is looking at jail time.
These may all be Is profitable acquisitions.... Someday. But to keep investor confidence up they need to show that they're still focused on core arrangements that are going to show fairly quick results. Get a few wins under your belt and post some level of revenues..... And then you could worry about is working on all these reversed mergers for companies that might show a profit in 2 or 3 years from now.
This is why some are feeling Discouraged, Because the initial play book put out by the company implied establishing their revenue streams before going into all this other crap.
With all that conglomerative news and it ends up going below a penny!!
You are so right and these guys just don't seem to get it. Between lack of information for months and the 2 attempts at diluting the stock.... They have no base of investors to buy into this anymore.
I know I'm not putting a dime more in until I see some numbers. And I'm going to slowly start pulling out in a couple of weeks if they don't give us at least some projected numbers of some kind!!!! After his one returned email I held off and gave him a few more weeks but this is ridiculous!!!
How long are these audited financials going to take? I also get very leary when a new company starts talking about uplisting when they haven't even shown us their hand financially. It's a common ploy to try to get people interested when they know perfectly well there's not a chance in hell of them getting it. I give them credit for saying their uplisting is for OTCBB and not trying to blow smoke talking about NASDAQ. But even That level requires a sustained price per share And level of assets and revenue that they're nowhere near. How are they gonna get there if they can't even get investors or get their information out And get their share price up.
I've got no more new responses to any emails, If any of you think there's any hope in this and I would strongly suggest as many as possible Send them a note. It can also be very simple, just one sentence....
S H O W M E T H E M O N E Y!!!!!!!!!!!!!!!!!!
This article I think tells the tale of why the OTC is crashing. I think it's also a warning that if you're going to get into the speculative markets you better make sure the company you're looking at has valid potential. I originally thought this of CSLI, I will hold out my hopes on the a little bit longer but my confidence is wavering.
Everybody needs to get the message out though. I have been posting on Various Twitter accounts That focus on investing, under 3 aliases. Need more posting here and those confjning themselves to Facebook or telegram sites should be Spreading themselves on other Platforms. I have posted on a few reddit sites, But not that familiar with the inner functionality. It would be great if someone could start an SFIO site there cause that attracts a lot of investors these days.
"The historic recovery rally from the coronavirus pandemic has attracted a record number of new retail investors to participate in the stock market. Many of them gravitated toward the most volatile and riskiest areas of the market for outsized short-term returns, including shares of companies with struggling businesses like AMC and GameStop.
Meanwhile, a flood of companies rushed to public markets to raise capital this year to take advantage of sky-high prices and wild animal spirits.......
"Wall Street also has a printing press in addition to the Fed. If you get prices high enough, you are going to see lots and lots of equity issuance not only from companies that can put it to good use, but from all kinds of questionable business plans and outright scam," Chanos said. "That's sort of where we are now. We are getting into money being raised for all kinds of things that probably aren't at the end of the day going to be productive but might line up pockets of the promotors doing it."
They have stopped responding to my Emails in any way. I am a big proponent of proactive investors though. Anybody left here should be emailing the IR And asking for clarification. Sometimes, As they say, The squeaky wheel really does get some grease".... All we want is a little information.
Bingo!! The current stock price seems to be just barely holding up where it's at and the volume is dismal. It has been my experience that there comes a time when companies lose enough momentum And favorability with those that have been waiting... That their price eventually slides so low that even the best news Only brings the price From abismal, backup to "underperform" And then languishes for months or even years until they fully proven they can be profitable.
This is why many Like us, have tried to express to them they need to keep a constant public presence assuring investors they are on the right track.
At this point they don't have to Publish stellar multi million dollar financials.... But they do need to show they are making some kind of revenue from these partnerships and that it isn't costing them to the point where they've gotten entangled in toxic debt. Companys with low sales and negative profits can run in the OTC but usually only with the promise of some new idea or new product that's just around the corner Ready to explode in the marketplace.
They have twice now promised more public and official information And at best we've gotten maybe slightly more Twitter comments but not by much. If They are in any JV or partnership arrangements that they feel need to be hidden from the public as to their financial nature.... That's not necessarily a good sign either.
Long story short, They need to step up and give their investors something that looks remotely profitable.... And soon.
This article I think tells the tale of why the OTC is crashing. I think it's also a warning that if you're going to get into the speculative markets you better make sure the company you're looking at has valid potential and a current operating system that's been in place for more than 6 months. Indications of profitability and signs of little to no toxic debt. This is our hope with SFIO and if we get confirmation of it soon I'm hoping we'll get a flood of other of other disgruntled OTC stockholders flocking here.
Everybody needs to get the message out though. I have been posting on Various Twitter accounts That focus on investing, under 3 aliases. Need more posting here and those confjning themselves to Facebook or telegram sites should be Spreading themselves on other Platforms. I have posted on a few reddit sites, But not that familiar with the inner functionality. It would be great if someone could start an SFIO site there cause that attracts a lot of investors these days.
"Short-seller Jim Chanos warned that retail investors late in the game could be left holding the bag as more red flags emerged in a speculative stock market.
The historic recovery rally from the coronavirus pandemic has attracted a record number of new retail investors to participate in the stock market. Many of them gravitated toward the most volatile and riskiest areas of the market for outsized short-term returns, including shares of companies with struggling businesses like AMC and GameStop.
Meanwhile, a flood of companies rushed to public markets to raise capital this year to take advantage of sky-high prices and wild animal spirits.......
"Wall Street also has a printing press in addition to the Fed. If you get prices high enough, you are going to see lots and lots of equity issuance not only from companies that can put it to good use, but from all kinds of questionable business plans and outright scam," Chanos said. "That's sort of where we are now. We are getting into money being raised for all kinds of things that probably aren't at the end of the day going to be productive but might line up pockets of the promotors doing it."
,
It's not about saying something positive.... It's about giving some type of evidence that you actually have the goods and aren't just Blowing smoke about the extent of the deals you have. I have seen a number of companies in my years with the OTC that have Made the same claims about having partnerships or or on some kind of commission arrangement, JV etc.... Only to find out They got nothing out of the deal or it wasn't as Profit sharing as they said.
The fiasco of the 2 separate share selling arrangements didn't help their credibility either. I'm saying if you want to do something about it other than just post on stock websites than everybody be proactive and email and comment on the Twitter et cetera. Tell them you're still here and waiting for the promised information and that you're holding them accountable for their claims of profitable deals.
They claim they heard their investors and we're getting together Numbers and more specifics on their deals... Very little has Come!!
Starting to get nervous again! Need more specific Information and official financials. All these New agreements and JV partnerships and yet they still Have not put out significant information that would move the stock anytime soon. It's not that hard to tell us where things are at. Companies have put out projected revenues before even if not in an official quarterly. All these partnerships could be falling flat on their faces as far as we know. I gave them some more time since they responded to an email but I haven't gotten any responses since then.
I want to believe in these guys but they better start showing something substantial soon like they have promised. With all this talk that they have listened to the investors and we're going to put out a slew of "significant" P r's and updates.... They need to do it sooner than later. I can't seem to get any more answers from them so maybe everybody else here it should be writing To make sure they fulfill their promises. If anybody has had any response in the last week , please post here.
If you look at their Twitter and Facebook accounts you can see that they're definitely gearing up for something. Last week they posted a countdown clock starting at 5. They're investor zoom meeting a couple weeks ago gave out some more specific information about having the filings for a name change done and Some revenue indications Which of course only An official quarterly will verify for sure. New production facility in Australia to expand the cafe there and the announcement just today that apparently they're gearing up to start it in the US.
At this point the only concern would be expanding too fast into too many areas but they've been apparently successful doing that for 5 years now so there's no reason to believe they can't continue.
Ya, The coffee thing Is only one part and not the largest. Reverse merger plays are coming to the end of their Lucrative nature. With the new SEC rules being enforced, The few that are going to be looked at will not be able to be bought or sold until they've been completely cleaned up. At that point it will be a waiting game to see what the new company brings in and how large it is et cetera, It will be a lot riskier and a lot longer before anybody sees significant gains on these types of plays. A lot of the money made on these have been From the hype generated at different point's at of the process of getting them in order to put a new company into them.
For the last year you could almost Count on significant price rises at different points in the process.... But in the last few months that regularity has disappeared and many that popped on certain news in the past have not been doing so now and in some cases they are diving either before or on the news instead of having an initial pop.
Keep in mind that we have Lost a significant portion of those newbie, covid related, "stay-at-home nothing else to do but try my hand at trading" investors Playing with stimulus money thinking they're going to be millionaires overnight. If I had to guess I would say 80 plus percent of those got burned and were left holding the bag in one thing or another. Now they don't have the time or the money to get into the market like they had before, at least not in the speculative markets.
It's very much hit-or-miss with any specific reverse merger with no apparent reason as to why. Even George sharp plays which where the gold standard, have been languishing. There will still be money to be made in RMs, but you're gonna have to be a lot more careful on who and what you're getting into and it's going to be a lot more of a roll of the dice with longer waits. It's like they say, It was nice while it lasted.
If there has been a pump and dump campaign for this stock...... Then it's the worst organized one in OTC history. The big issue for me is that it it hasn't had significant visibility to where a pump and dump group has taken serious notice. We had the bump up when they announce the CE status was finally gone and the day and swing traders took advantage.
As far as locations go, the simplest way To confirm their viability is to go to Google maps and Google Epiphany in the different larger cities in New Zealand. You will see 4 or 5 in a given area and you can drop down there hours to see when, or if, they're open. Off hand I haven't seen any that have said temporarily closed but I'm sure that happens. I'm not sure how accurate Google maps Would be for us here looking at New Zealand but they do show up And many of them have streetside pictures of the locations.
They did recently have this zoom meeting Where they did let a little more information out and from that it sounds like they're intending on getting a campaign started in the next couple of weeks. I know many here have said they've heard that since since the beginning of the year and I am completely sympathetic with that frustration.
They definitely need to get this thing wrapped up And it would be helpful if more followers here would bother to email or post on their Twitter or Facebook accounts that they would like some closur on this reverse merger.
I've been trying to keep in mind with a few other RM I have, that due to new SEC rules about companies needing to be compliant, the OTC and FINRA Have been slammed with paperwork and requests in the last few months. I think mistakes by management and the fact that they could have pushed this along quicker hasn't helped.
This is the reality of dealing with OTC. There are tons of other companies with very little or no established revenue And high debt loads That have a 100 times the the following.... I just wish this one Could get the same.
So who do you think is selling and why are they selling so close to is supposed to finalization?. I know a couple here have said they're frustrated and have been selling lots. If about 20 of their investors got on to their Twitter and and cafe Facebook and told them they need to get updated and finalized figures out ASAP... Maybe they would work a little harder to get that done. They definitely need to take their stock price more seriously and Act like they have A serious investor relations .
It would be a great idea if they would post some kind of financials to let us know where they really are. I don't get these new companies going into reverse mergers. If you are going to trade publicly and if you want to sell shares for capital expansion... Then they should be doing everything in their powers to keep the price high so if they do have to sell shares they don't have to Dilute at lower stock prices. You would think this would be common sense number one.
Consider the fact that many meme stock management were considering or have sold shares into the market while there price is is exaggerated... Get there funding while the getting is good. And most of those guys weren't even trying 4 is for a high price for selling shares.
If you are going to make a bunch of deals with funds you have access to outside of dilution and they are lucrative than good for you. But trying to sell shares for the Treasury When you have Done nothing to promote the company to boost your share price so you have to sell less shares... That makes it look like these guys don't know what they're doing. That makes you wonder how many of these deals are as good as they make Them sound. Show us some real numbers.... Soon!!!!!!
Hopefully we will hear something this week, But with all the evidence out there I would guess they're planning on something big within the next 2 or 3 weeks. But if you're that discouraged maybe you should just get out and not look back. Either way they have to disclose something fairly soon. Is it the ultimate catalyst to get this to move or Are they planning something that will cause it to tank in the short term. It's one of those 2 options I just think that that will find out sooner than later at this point
Or next. ;) Just Is keep buying those 100K lots!!
That pm sent to you was quite disturbing. I hope you reported that and that certain others will not show their face here for a while!!
The comment about selling was intended to be a little tongue in cheek... But.... While I don't like holding things more than 6 months That is never a hard-and-fast rule... It depends on how things are transpiring. The SEC log jam Has made me reevaluate that to some degree.
I 1st put it on the radar screen in February but didn't get in till later. So my price of getting in is a little bit more comfortable than those that have been in longer. Part of my point was back in 2009, I would have been out long before it was frozen.
But my analogy about getting a new mortgage is exactly why at this point I would hold out a little bit longer. Also, if you have been paying attention to some recent more cryptic posts here, a little digging and you can find out about the recent investor zoom meeting SFIO had. The info released there is MORE than intriguing to hold at LEAST another month.
As someone else posted, new name change(Interesting name although I'de drop Innotec),idea of annual revenue(guess they could be lying), unique method of raising expansion capital, strategic 10 year plan(Up against SBs could be interesting) etc.
I get frustration, but given the "reveal" of last week, The fact that they have moved the needle on Finalizing reverse merger on a fairly regular basis....now REAL IS when you should be buying!! PU a few more myself, and will buy any dip till BIG PR.
If it all like advertised...might keep in more than free shares!!!
I usually set a stop loss depending on where I'm willing to walk away(20-30%)...or wait to see where it shakes out if it goes below and then reevaluate( dont hold it going down below that hoping it will bounce back radically). If no movement after last known catalyst or really bad initial financial "reveal", usually waiting no more than 6 months....cut lose and move on. At best, I might play a dead cat bounce if the stock has large following.
NEVER get attached long term. First downturn after a run of over 100%..sell initial investment...play free shares accordingly from there....only held one past 18 months.
Try and stay away from PnD, But will take advantage if I think I can get away with it. If Something turns out to be a scam and I still take advantage... Doesn't bother me either way, just move to the next.
NEVER Do I become obsessed or feel the need to Extensive warn others If I find out something is shady Or have left out pertinent information. If you want to play in the OTC.... It's best if Nubs learn a few painful lessons along the way.
I have rarely regretted this strategy!!!!
P.S. always good to diversify, but not beyond 6-8 at a time...to hard to stay informed and pay attention, buy the dips if you have extra to play.
Yeah, The whole, "I could have made more in the general market" Argument sets up a Is false dychonomy. When you get lucky, You never hear anybody say, "It really sucks that I made 400% in 2 weeks when I could Have stayed in a down market for the last 4 months"
Personally I would not stay in something for 10 years hoping it would turn around like some people have been with this stock... But I am usually willing to wait up to 6 months hoping something will happen a lot sooner. I try to look for those stocks I think are at a turning point. I have gotten into some I expected to wait 5 or 6 months and it Is ran in a couple weeks... And I've been in some like this where where I knew or hoped it was ready to run within within a few weeks and it ended up taking a few months.
You can't use normal arguments or timetables when you're talking about OTC stocks. We are also dealing with a situation where new SEC rules are forcing a lot of people to try to Update and merge Companies within a specific federal deadline. Many sources have said that Federal agencies are scrambling To get everything approved before the deadline and are seriously understaffed causing a log jam. If it weren't for this reality, Stocks like this might have been completed a month or 2 ago.
I think the management has made certain mistakes and I'm frustrated that everything didn't come to a close here a month ago, But then again I didn't get into this at the beginning of the Year when a lot of people did think everything would be settled by March. However, Ultimately this particular company is as close to Having everything settled and hopefully setting itself up for a run, Than any other other new merger is.
The question each investor has to answer for themselves is..." Do I think this is an undervalued, Under the radar Diamond in the rough with a management that I believe is working hard to advance the company's business and has A lot of potential for market growth"
Unlike many of the other rm options out there, We're at a stage here where Almost everything's been updated and and it's in Mostly good standing with the OTC And we're essentially waiting to find out if the financials of this company match the speculation that many have out there as to its revenue And operational size.
Getting out now out now it's kind of like Backing out Of the deal after going through every aspect of getting a new house mortgage where the bank has been backed up and your approval has been delayed at every Point in the process...AND... The only thing you're waiting for is the Title search to come back clean!!!
Does anybody want to admit to being the moron that sold 430,000+ shares at 1 time this morning... this this close to a finished Merger? If you're willing to admit it, I'd love to know what your reasonings are.
I wonder if it's kaba's selling shares he forgot he had ;)
Once again you're making absolutely no sense whatsoever. They started the coffee company Back in 2015-16 and the cafe soon followed. It has been successful. You completely missed the whole point. Bringing in venture capitalTo help fund a business that you've been able to grow for 6 years is ridiculous. If they had invented some new widget and they needed money to develop it and build a factory then it might be worth considering venture capital... But not in this case. If you had any business knowledge you would know that the personal experience I had is not uncommon with venture capital taking over the company's They invest in.
Your objection to this company is only based on assumptions that you alone are making. Now.. Let's take a hypothetical company to compare it with. Let's say we had some operation that this year had gross profit of say 643K..and net income of NEGATIVE $5.380M. Now let's say this same hypothetical company had to dilute their stock to the amount of $1.655M, To help stay afloat...... Then yes, I could see you ranting and raving at what A POS operation a company like that represented. ( You might have some knowledge of this hypothetical company).
However what we do know about SFIO, There is no indication that it has As horrible financial figures as this hypothetical company And it does have solid revenues. Some of us are willing to risk that when they do post their actual financials it will be worth investing in their future. Maybe you should find out this hypothetical company and post your disdain for it to the extent you do here!!!
For one thing, I think they're contemplating as using is this SAM operation to help them fund expansion, But even without that, Personally I would rather see them sell shares and put it into their cash position for acquisition as they need it.... then get involved with separate investors Or if I understand you correctly ,venture capital.
Many many moons ago and my 1st job out of college was a group of 3 guys that started a new manufacturing proces in which they took venture capital to fund it. Certain quotas were put in place that that delays kept them from achieving. Long story short, In less than 2 years, The group that put up the venture capital ended up taking over and kicking out the 3 original People that develop the idea from the beginning.
Every source of capital for expansion has its benefits and detriments. Why you think they should bring in a group of investors when they've already Successfully develop this business model for almost 6 years... Is beyond me.
If this was some new product or technological development that they were starting from scratch, Then yes maybe Venture capital would be a feasible option.... But to give a piece of control for an existing successful business.... That's just plain stupid!!!!
Uh, oh I think someone "doest protest too much"
And yet you show no proof or links to verify your Ass..umptions.
You show no place where any credible financial Source shows them having a market cap of half a billion dollars... No proof that shares have been sold into the current float.
Making the huge assumption that you're correct in one aspect, You seem to think these guys don't deserve a salary... (Maybe some people here don't deserve their weekly allowance)
You Continue to fail to disprove the information I have posted.... Or just continue to ignore it.
Tell me, How is anybody coming here supposed to take you serious given your rambling wild assumption and the fact that you yourself have claimed to have sold the stock long ago yet still obsessively posed here multiple times A-day.... Show me any other investor on ihub that does that!!!
Like I said, If nothing else you provide comic relief and Give the rest of us a solid platform 2 thoroughly debunk your ramblings and show new investors The truth about The high intrinsic value in this Come glomerate and it's ability to expand greatly in a short period of time.
Black, blah, blag, pendulum, blah, blah, blah family, blah, blah, blah blah screw, blah, blag. Is anybody else get any more out of that post than this
Hesitation with company being foreign I suspect. Know many investors are suspicion of Chinese stocks in general..even if financials look awsome....and for good reason as many have posted bogus numbers(a lot harder to verify overseas). That is why first ACTUAL financials should go a long way.
One big difference here is that at least Dunn & bradstreet can confirm basic revenues with most of the subsidiaries
I wouldn't take any odds on a bet that our peace will soon be interrupted.
3 separate buys and 3 separate accounts today and still can't get the price to budge.
I did my part for the day the rest of you can do the buying
If anybody has any insight information feel free to post it here you're
Is it just me, Or does this thread seem a lot more friendly and relaxed and optimistic the normal. I can't put my finger on what the difference is But it seems like something's missing in the last 24 hours..... but it's kind of nice for a Change.
Here is what I don't understand about companies this trying to get on a stock exchange.
Can you imagine That you have an online business You think has potential Is to do better by setting up a large retail store of some kind. You put lots of money into rent and store renovation in permits and legal fees etc. You plan on a grand opening in 2 months
Knowing that most times Stores like yours are most Successful if you can bring in a lot of people at the beginning so you can turn over inventory quickly to pay operating expenses And pay for new and different inventory. Also you wanna bring in the maximum amount of people at the beginning so they can spread the word and bring in others as well as become repeat customers. Given how important this 1st impression often is, Do you?
Make up a couple 100 flyers That you stick on local car windows saying you're going to have a grand opening and Give a few basic details about your store and what types of products you might be selling. And that's about the extent of your Efforts to get people to come into your store. Then after a few weeks Of your grand opening Start to think that it might have been a good idea to put more effort into getting people to come in because you have such low name recognition and revenues from the few people that got your flyers.
OR
Do you saturate the airwaves With TV and radio ads Explaining how great your store is. Have the local newspapers or magazines Do a little write-up about what your store is and where it's at and what you're planning to do. Get on social media and tap into Blogs and threads of those that would be interested in what you're offering? Keep a constant flow of information going out right up to and for a few weeks after your grand opening to keep the interest from fading.
Why do so many of these reverse mergers choose to treat their new found investors like the customers in the 1st scenario?? If you're going through all the trouble to get on a stock exchange, which is usually done for the sake of being able Is help fund expansion And have more lending opportunities.... Why would you not want to get your stock price to the highest point possible in order to bring in more capital At the higher price then to do nothing and end up selling A lot more shares at a much lower price which also might require you to get involved in toxic Debt?
CSLI It's not the only RM I'm invested now that seems to have this problem or disconnect. So many of them start oit acting like they're going to try scenario 2 but then end up ignoring their investors for the most part.
I realize the initial costs in scenario 2 are going to be much higher than in scenario one.... But if it takes you 10 times longer to get a sustainable Customer base into your store..... Aren't you just better off staying with your online option.?
Do share!!!! Does it have "Enterprise or Federation" in its name (illogical a clue)? ;) I'm sure Kbaz will say there is no new name Because the Merger is all a fake scam. ;)
I have been in a few OTC where the Management has given out projected revenue statements... Of course usually with a lot of safe Harbor statements do cover their butts...but, There are ways they could let us know approximately what kind of revenue/costs we're looking at before quarterly's. OTC Is slowly reverting back to investors looking for (under)value rather than PR driven hyped runs( Although PR is still important)
Hopefully it will keep moving upwards and more eyes will take a serious look at it. They need to keep the barrage of information and P r's coming to support the price until we see their actual numbers.... Don't get complacent now Sam. ;)
Curious, Is this stated somewhere? Missed it if so. I hope your right. It would Be nice to see this merger completed and a name that is reflective of the organization.
I get the idea of being able to add before Financial numbers are released... I sympathize with the idea and wish I could bring myself to significantly add more than I already have. Unfortunately my own long experience has taught me that... And have dealt with many times... Companies that sound really good on the surface and have multiple partners or shared contractual profit sharing arrangements..... Even one that had the rights to a nationally known and recognized product.......but who at the release of their financials, end up being a diluted, toxic debt disaster!!!
I've been in the stock long enough now That it's really time to give us some idea of where they're at financially. It should be close to time for them to post next quarterly. If they really have all these deals and aren't loaded with toxic debt... Then I think the price will really take off. I just need SOME, preferably audited, confirmation that This shell L is what they have promoted themselves to be..
SHOW ME THE...FINANCIALS!!!
"I will be getting a Christmas Card from AGROKINGS for agitating their investors into never wanting to sell no matter how bad it gets"
So the guy that is so concerned about all the other investors welfare And is trying to prevent them from putting money in this company. has just admitted that his posts are having the opposite desired affects..... And still continues to post gibberish.
Once again, No response to actual numbers OR figures that are way more than anything He has ever implied..... From legitimate accounting sources and not his made up fantasy mind.
Talks about who ,"really owns" a NEW larger bakery expansion. Guess what, Even on the off chance they are farming this part of the business out.... It's still adds value and goes towards their bottom line sales that ultimately affects stock price(duhhhh)!!
Seems to think that no company has ever ever sold extra shares in order to fund expansion. I guess these companies just get money to appear out of thin air to help add to what they've started.
Thinks that increasing authorized share amount automatically means they've already sold every share and are planning to run off with the proceeds and leave behind 6 years of expansion and accumulation.
We know you're secretly buying up shares... Why don't you just come clean And admit it. Keep posting though because it adds to our total Volume of post which gives the company even more visibility... And it's so easy to debunk your "Opinions", that it does actually help others see how good of a deal this really is.... So thanks with the help with that.
Hers A little research that will be fun to see how kbaz tries to spin it.
I've always focused On the cafe because I figure that's where the majority of the sales will come. But here's little information on the other parts of the conglomerate. I figured the electrical company was probly a very small operation with minimal sales. I also Kind of assume that the Gorgeous coffee was also minimal and sales Like less than half a million.
Was pretty much right about the let trickle company but check this out for Gorgeous!. And this is from Dun and Bradstreet and from what I could find are mostly 2019 figures. Dnn is also notorious for not including all parts of a company's business or revenues in their snapshot assessments.
A+ ELECTRICAL LIMITED is located in Hamilton, WAIKATO, New Zealand and is part of the Nonresidential Building Construction Industry. A+ ELECTRICAL LIMITED has 1 employees at this location and generates $220,000 in sales (USD). (Employees figure is estimated, Sales figure is modelled).
GORGEOUS COFFEE CO. LIMITED is located in Hamilton, WAIKATO, New Zealand and is part of the Other Food Manufacturing Industry. GORGEOUS COFFEE CO. LIMITED has 5 total employees across all of its locations and generates $2.45 million in sales.
Now let's add in What they have for ardent bakeries although I suspect this is missing revenue.
ARDENT NZ LIMITED is located in Hamilton, WAIKATO, New Zealand and is part of the Grocery and Related Product Merchant Wholesalers Industry. ARDENT NZ LIMITED has 11 employees at this location and generates $1.88 million in sales (USD). (Employees figure is estimated, Sales figure is modelled).
So, That alone on old numbers has their sales at 4.55 million dollars. Now for the cafe. But 1st I guess I didn't realize they had almost 200 other outlets for the bakery other than their epiphany cafe use.
So now we're going to do a very conservative calculation. So for just the donut part of the cafe, let's assume they're getting 2/3 Of the bakery's donuts and treats. We'll assume that
For accounting purposes The cafe is getting the donuts at pretty close to cost. I'm assuming for sales purpose that means they're marking them up at least 3 times. So if approximately 1.25 of the bakery sales are going to the cafes and they're marking them up at 3 times cost... That comes out to 3.75 million and donut sales For the cafes.
That puts sales At almost 8 and a 1/2 million a year. This does not include sales for the coffee and teas at cetera sold at the cafes.
It doesn't include What is made by the accord investment group.
It does not include their stake in the new Construction company
It is based on older numbers and not current..
But hey, Let's keep this very conservative number And how that by itself should affect the stock price. OTC average stock price Is running with a price to sales ratio of about 7. Of course a lot of the better quality OTCBB stocks Would average a lot lower.... S FIO is a new emerging company coming off of a reverse merger which means it's at the riskier end of the OTC market segment and therefore would justifiably Be expected to run at a much higher PS ratio.
BUT, still Extrapolated by Taking our very conservative, out of date, excluding sales of Products other than donuts, missing current new companies, Not taking into account a higher risk OTC ticker ratio value.... The company should be trading at a market cap of Just under 60 million dollars. Around 45 currently.
And we have all seen in the OTC that they can run and push a company's value way past there reasonable valuation....
So if a certain someone tells you this stock price is way overvalued, Asked them to explain their Assumption based on the numbers we have.