Tuesday, July 19, 2022 1:23:25 PM
Huge business there, huge in China.
I have a feeling DryWorld has already been bringing in at least a couple million per year (revenue) from China all along.
It’s why they haven’t had to dilute here in this ticker.
They’ve been able to make deals, and expand operations globally, over the past year, and they’ve been able to do that with no dilution so far up through today (through current).
They may still do the Reg-A at some point, but they haven’t needed the money yet.
That is certainly telling.
It tells me they are making nice revenue elsewhere, and way more than the $10,000 shown in the filings.
When it’s officially known that revenue is at least a million dollars (which is 100x of $10,000), then current share price should go up at least 10x or 20x.
That takes us to $1.00 - $2.00 range.
Maybe even $2.00+
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