I see a lot to be happy about, and very little to be unhappy about:
PROS
1. Audits are done and filed. Nobody can question those numbers now.
2. S&L is large and growing. Many joint ventures on the way, with 4 locations now, and projected to have 10 in 2019. Once the 10k is finally filed and we get uplisted to the QB, franchising can really kick in. There are already way over 20 people interested in participating in the future of S&L.
We also participated in the biggest gameboard conference in the world, which brought a lot of new eyes, not only to our new games (self published I should add) but also to our BRAND. I wouldn’t be at all surprised if we got a PR announcing the LOI for the first S&L in Europe...
3. EcoGro3 lives! We now have an exclusive partnership with a maker of infused products. This contract is for 8 units, which brings about $2 million extra for revenue.
And not only that, we have 8 contracts pending as well! This side of the business could equal what S&L brings in with 3 locations (roughly 15 million).
I see a lot of growth. We recently got word that we received exclusive distribution rights for an ENTIRE product line in Canada. We see new KS deals which are distributed by S&L daily, all this in Canada only. We just penetrated the largest market in the world, and we are off with a bang!
By having this corporate location fully funded by a 3rd party, we will reap the rewards much quicker. And the JV will help in that as well.
CONS
1. The 10k isn’t posted yet. We missed a deadline. This would be a pretty huge negative... if we weren’t in the market were we are. It’s a blessing in disguise that this happened here. Where are we going to be delisted to? We are already at the bottom of the barrel. We are at the lousy Pinks...and yet here we are, standing up on our own 2 feet without the need for toxic financing.
Plus, this didn’t happen out of the blue. The auditors had a lot on their plates getting the audits done. So it is very understandable that the work simply ate into the schedule.
But with the audits done, does anyone have any doubt on their minds that the 10k will be also done? Is there any question that they will be filed? No. The audits are proof of that. The 10k will get done. We will meet the requirements for QB, and we will uplist. Along the the whole other catalysts that will happen along the way. It’s as simple as that.
2. The PPS is not were we expect it to be. I think that we all expected this to be in the teens by now. Minimum. It only makes sense. I mean, how is it that so many companies do not make any sort of revenue and their stock is worth .20-.30.50?? And yet, here we are, a legit company, making legit money (in the millions mind you) only trading at .08? Does it make sense? Hell no. The company is set to grow (both in revenue and in size) by leaps and bounds and yet we trade where we are.
I no longer try to understand this market. The sooner we get off the Pinks, the better. All I know is that these prices, they are very cheap. You should buy. Why? Because the company is going to be worth a lot more in a very short time. Distribution. Joint Ventures. Publishing. Franchising. EcoGro3.
The story is EXTREMELY compelling. The writing is on the wall.
