Business Warrior Corp (BZWR)

[bob4uall]

BZWR has built a small company around some good ideas this year, in my opinion. The have acquired the marketing firm, Helix House, and the FinTech software developers, Alchemy Technologies. We will know what size revenues they produce in a full year together after the year closes on August 31, 2023.

If they hit $10,000,000, they would be about half the size of one typical CVS pharmacy store, if this Investopedia article is correct. (67% of $292B annual sales produced by 9900 stores across the U.S.). So that is small.

They face significant challenges, being less than that size and having to afford administration necessary for a public company which seeks to remain qualified for OTCQB. They hired their first Controller just this past February, so time was needed to analyze, test and merge all their data into a proper accounting system, I suspect.

I have to believe that the market is expecting a reverse split at this point rather than giving up on remaining qualified. An example like the HOFV 1-for-22 reverse split that occurred over Christmas might be enough to do the trick. That one seems to not have damaged the share price very much. If I were BZWR, I think I would reverse split to about $1 per share, though, and give myself some room. The very small float would be a good thing coming out of it.

I am bullish because BZWR has the opportunity to control their costs to a survivable level now that they have some revenue generators onboard. If their ideas and technology are attractive enough, they will produce sustained growth as their customer base expands still farther.