RJD Green Inc (RJDG)

[Davis_Elite]

RJDG

Highlighted here is one of the FIRST reasons I did a double-take when looking at RJDG in December of 2015 when I just happened to stumble across the company by luck.

The Company has recurring revenues of $3,714,472, working capital of $229,304 and an accumulated deficit of $(514,457)as of August 31, 2017.

If THIS is a negative indicator for you, I think you've got a good ways to go before you'll learn to spot good opportunities - because whats highlighted here is EXACTLY the first thing I would point out to anyone as the first reason they should really take a deeper look into RJDG. It's VERY good, and you won't see many that look this good. The accumulated deficit is very SMALL, and that's some pretty good revenue. And that other boilerplate cya mumbo jumbo means nothing - other than that the SEC and our government thinks it's helpful to force every small public company and the accountants who do work for them to tell the unwary investor that "the odds are stacked against you for getting any of your money back that you invest in small business / entrepreneurial ventures... because most of them fail".

The Company has recurring revenues of $3,708,009, working capital of $156,757 and an accumulated deficit of $(1,775,301) as of August 31, 2016.

A year ago in December I had a view of RJDG with very good possibilities of seeing a 50x gain within 18 months. There were a couple of things that didn't "connect" well in the financial reports but, after talking with Brewer and understanding where the company was and where it was coming from, I felt I understood the general situation. I was pretty confident that, with an audit, I could rely (in the financial/accounting and legal sense of the word) on the numbers we're seeing as a new start - and forget about the "broken" fins of the 2014/2015 transition (but I sure as heck didn't need an audit to see the opportunity here).

What I've seen since then is several very positive improvements in the financials of RJD Green, as well as with the operating businesses. Sure, there was a delay in seeing this progress - but I'm very happy to see that we HAVE this progress. In the OTC cesspool, many (most?) companies that have such a delay is projected results end up spiraling down to oblivion. Most of the rest end up with a less-favorable balance sheet, sometimes MUCH less favorable. HERE - we've made positive progress on all ends, with a very positive balance sheet... did you notice that the Accumulated Deficit has shrunk over the past year by $1.25M and the cash position is up by ~$75K from a year ago to $229K - CASH? The percentage of companies on the OTC with more than $100K free cash on hand from one month to another are probably in the low single digits.

Did I even mention the $1.4M gross profit or the $464K NET PROFIT?

I'm VERY pleased with the 10k, I don't care how many errors it may have, I'm comfortable with what I can see right now. And I'm pretty sure Ron is running a tight enough ship. BTW, did you see where most of the Current Liabilities came from? How about this:

NOTE 3 - DUE TO RELATED PARTIES AND RELATED PARTY TRANSACTIONS
During the year ended August 31, 2017, the Company received a loan of $179,750 from
Southbridge Advisory Group, an entity controlled by Ronald Brewer, an officer and
director of the Company. The loan is non-interest bearing and due on demand.
During the year ended August 31, 2016, the Company received $55,000 donated by
Ronald Brewer, an officer and director.
8
During the year ended August 31, 2015, the Company received $10,565 donated by
Ronald Brewer, an officer and director.

the Note When fins are audited, they'll clean it up, but that's not going to magically cause the company to go boom or bust. but I don't fear like some do that "Ronny Boy is playing a number on us." With this and everything else I'm aware of, I see the clock reset for... yup, range of 50x gain within 18 months. Some here see that. few don't, I guess, but check back in 2 to 3 years and I will be VERY surprised if RJDG is not on or making it's move to be on NASDAQ - unless Brewer decides it's best to keep the holding company lower profile/cost on the OTC and sell or spin off a business into another shell for going to a higher tier. I kinda think selling would be most likely, or maybe that's just my preference.