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Re: megazoo post# 18203

Thursday, 09/01/2022 6:47:51 AM

Thursday, September 01, 2022 6:47:51 AM

Post# of 18431
The two companies and business models are so different that it's impossible to make a comparison. Looking at only sales growth rate BWMG is currently growing much faster. SLP is a $1+ Billion company that I was fortunate enough to buy into at a very early time and held for the most part of a 20 year run with the stock going up 60 fold. BWMG is a very different company in that they have continually issued shares to cover operating expenses. This will be difficult to overcome given that they already have 410 million shares outstanding. If the recent sales growth continues the operating business will soon be able to cover expenses and thats when we should expect significant increases in the stock price. SLP on the other hand never took on any debt and only issued a very few additional shares for making acquisitions. BWMG will need to continue increasing sales so that the financial condition can be cleaned up. If they stay on track the stock price will increase faster than the sales. I have accumulated a significant position so I believe they will produce the required results.

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