JRjr33 Inc (JRJRQ)

[CPA-INVESTOR]

Longerberger will start seeing sequential growth now. Business has stabilized. It was in worse shape then was represented by previous ownership at time of acquisition.

The shorts on here are absolutely terrified that the company is doing well and will deliver on a 15% ebitda run rate. They are spreading info that is completely false with nothing to back it up.

Your inspiration in home is now at a 30 million run rate. JRJR bought them for 1.3 million. That company alone is worth over 50 million with its 2000% growth since acquisition.

In all turnarounds you don't just cut checks and ask questions later. You question everything and you sometimes delay payment and renegotiate terms and amounts. It's called leverage. It is part of the turnaround process by very savvy management.

I have a ton of experience in real estate. An office building will have $8 per square foot in operating expenses. The "basket" is 180,000 plus a huge piece of land. That is $1.5 million per year. Part of the $8 a foot is real estate taxes. Management made a very good decision which will increase shareholder value in not paying the taxes and moving out of the basket. They will likely donate the building.

I believe they have over 13 million in cash. They did not need to use the last capital raise. They were going to use it to close the betterware deal but at the 11th hour they renegotiated a much lower price. Again savvy management.

Again the shorts are freaking. Trying to spread a false narrative. Meanwhile the company is humbly doing well and turning around these companies and have seen very strong growth in some of them.

At $1.00 this is extremely undervalued. It should be $10 and will be eventually.