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Alias Born | 12/07/2003 |
Thursday, July 29, 2021 8:08:08 PM
1. No shares have been issued since 2017. (So anybody spouting off about dilution is full of it.)
2. Restructure has been "very healthy" and will continue to be so.
3. The exceptional branding/marketing team of Erik Stoll and Kevin Williams have over 40 years of experience between them. They have been involved in some major turnarounds, including getting a company called Turkey Jerky from $0 to $30 million, and taking Converse, bought by Nike, from $500 million to $2.5 billion in valuation. They want to "shoot for something exciting, leading-edge, NOT a ho-hum brand". They "want to build value for every single shareholder."
4. The current hangover treatment market is at $1.4 billion, expected to be at $3 billion in the next 3-4 years.
5. One of the new products - the Noho shot? - has been packaged in 6 packs to fit perfectly in major stores around the country, from Whole Foods to Walmart. An "immune booster" and an "energy shot" are on the way.
6. Both Stoll and Williams have a lot of "resources" and contacts spread around the country. They said their job is "to deliver a lifetime brand".
7. Delta 8 is ready to go in both vaping form and gummies. Fourteen states (with lesser populations) still do not allow it but there is still a big market out there for it.
My two cents of opinion: this is absolutely the real deal with really serious and talented people intent on doing something extraordinary. It will not happen overnight, but when it does, best to be on board, IMHO.
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