
Saturday, April 06, 2024 9:43:50 AM
When Harrington joined in March 2013, CELH traded at .21 on the OTC.
When Harrington left in August 2021, CELH traded at $66 on Nasdaq.”
$YCRM
This is about a legit company as we have seen merging into OTC.
CEO is a tech guy, impressive resume and track record and based on what we have seen so far he is hungry. He owns a legit cybersecurity company, is acquiring more and with everything going on around the world right now that is a hot sector to be in.
We are probably sitting on the ground floor of something big here. If you can get this under .01 you are likely sitting on what will be a massive company in a great sector. Mr. Rick Jordan was transparent about the shell peddler who brokered the deal (Everett Dickson) bringing in Trillium as a condition for giving up the pubco/shell.
Trillium is also an equityholder - they own a ton of Preferred Shares. They they want to see a high return on those Preferreds when they convert to Commons (at a high share price). They won't shoot themselves in the foot by converting and diluting too early IMO.
Most OTC companies have little to no revenues, no profits and no cash flow. Most OTC companies that take on toxic financing end up in a death spiral as they don't have sufficient free cash flow to repay the principal and interest on the convertible debt before they mature.
ReachOut is the rare unicorn OTC company that is a mature business, revenue generating, profitable, cash flow positive and growing.
ReachOut needs capital to fund their MSP acquisitions. They'll fund the acquisitions with cash upfront from the convertible notes (along with acquisition financing and shares). With "shares as currency" for acquisitions, Trillium can provide the liquidity for the acquired to liquidate.
Moreover, there should be sufficient accretive free cash flow resulting from the acquisitions over time to repay the notes before maturity.
Moral of the story - although most OTC unprofitable companies that take on convertible notes end up in a death spiral, it does not suggest that will translate here if Mr. Rick Jordan successfully executes his serial compounder MSP roll-up.
👍️ 3 🙏 1

Mark Me for The Push to 500 Member Marks-thanks-ALL POSTS and or ADVICE ARE IN MY OPINION ONLY !!
Recent YCRM News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/31/2025 08:05:38 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/19/2024 10:27:12 PM
- Form 10-KT - Transition reports [Rule 13a-10 or 15d-10] • Edgar (US Regulatory) • 09/11/2024 07:17:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 07:38:17 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/29/2024 05:14:27 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/21/2024 08:53:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 09:23:14 PM
FEATURED COEPTIS Announces the Launch of COEP Venture Group to Invest in AI, RPA, and AI Agent Startups • Feb 13, 2025 9:10 AM
Unitronix Corp. to Report Over 300% Gains in Cryptocurrency Assets • UTRX • Feb 13, 2025 7:15 AM
Hivello Token ($HVLO) now Live • MATE • Feb 11, 2025 9:27 AM
Animoca Brands leads Hivello funding round ahead of Token Listing • MATEF • Feb 10, 2025 10:20 AM
51 Labs Expands Sports Nutrition Line with Five New Innovative Products, Company in final phase of name and ticker symbol change • CAFI • Feb 10, 2025 9:00 AM
UAV Corp. Expanding in the Global UAV Market, Projected to Exceed $58 Billion by 2027, with Increasing Government and Commercial Sector Adoption • UMAV • Feb 6, 2025 8:30 AM