Nexus Energy Services Inc (IBGR)

[Dshalimar]

Here to post some warnings about this investment. I'll start with current news for this post and you can determine the legitimacy of this investment for yourself by doing more research. This is mostly information on the business model.

Current:
SLT: how many people have heard of xceed sports? Are they a multi million dollar sports company? They were the previous suppliers of SLT kit and if you think Dryworld will make a lot of profit off this deal ask yourself why? Who are the producers of the best triathlon equipment currently and have Dryworld ever even produced this type of kit. Dryworld is basically using sponsorship as a licensing deal as they have done with soccer clubs in the past. Basing profit on followers on instagram is naive. Look at the people who participate and actually use tri products.

Daryia: how many times has this company looked to align with high profile influencers and had the deal go sideways. Nina Serebova, Lauren Sessleman, etc ... This company has a history of using people with a name to make a product that never actually comes to fruition. Coming Soon.

Soccer club deal: ask yourself why this is a good business model. All previous deals were secured by offering clubs 8 figure sponsorship contracts to secure a licensing deal in the hopes they could sell more kit than pay in sponsorship. This information is available, look at the terms of all past deals. As yourself how the deals were secured and what the profit model is.

The company has never organically grown to a stage where it has enough sales or profit or where it should be publicly listed. This is a last ditch effort to gain financing through a reg A so they can actually make a product. Nothing they have is disrupting anything. Long enough post for now.