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Sunday, May 05, 2024 8:14:16 AM
The $9.xx warrants that got repriced and sold for $3.2 million at $3.13 never got sold on the run to $12.80 on Feb 13th
https://stocktwits.com/KeepItRealistic/message/571830036
The OS has been updated with the exercised warrants already and the old warrants are gone
https://dilutiontracker.com/app/search/DBGI?a=ed4623
As for the our current OS of 2.7m
Take A look at $GNS’s OS now at 186m and its Market Cap at 74m
https://dilutiontracker.com/app/search/?a=ed4623
Now if the Market can price $GNS at a $74m Market Cap with their 2024 guidance
I think we should be at 25m Market Cap today with our Revenues, FCF and retail store growth potential
Company can now add 6 additional retail stores with this additional cash along with its FCF of 500-600k per month (which will grow as stores get added) which allows another store per month
That’s another 14 stores and 20 million in revenue potential this year
Company is not being priced fairly but I believe we will start to see that change as of Q1
I see us settle above $7 in the coming weeks and move up from there…
I also see a pop over $10 soon to let the $3.15 warrants get sold for 2-3x profits
Recent DBGI News
- Digital Brands Group Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/20/2024 01:30:00 PM
- Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024 • GlobeNewswire Inc. • 05/17/2024 06:52:00 PM
- DBGI Announces Closing of Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/07/2024 08:51:00 PM
- DBGI Announces Exercise of Warrants for $3.2 Million in Gross Proceeds • GlobeNewswire Inc. • 05/03/2024 01:18:04 PM
- Digital Brands Group Reports Fourth Quarter and Fiscal Year 2023 Financial Results • PR Newswire (US) • 04/15/2024 08:15:00 PM
- Digital Brands Group to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Monday, April 15, 2024 • PR Newswire (US) • 04/12/2024 03:00:00 PM
- Digital Brands Group To Open First Retail Store in First Half of April in Dallas, Texas • PR Newswire (US) • 02/27/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 03:00:04 PM
- DBGI Reaffirms its 2024 Guidance and Commits to No Equity Offerings for 2024 • PR Newswire (US) • 02/13/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/18/2024 09:01:25 PM
- DBG Plans to Open 50 Retail Stores Over Next Several Years Funded By Internal Free Cash Flow • PR Newswire (US) • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:13:36 PM
- Digital Brands Group Signs Letter of Intent to Open First Retail Store in March • PR Newswire (US) • 01/16/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 09:05:13 PM
- Digital Brands Group Forecasts $27M to $30M in Revenue, $6M to $7M in Internal Free Cash Flow and $1.5M to $2.0M in EBITDA for 2024 • PR Newswire (US) • 01/03/2024 01:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/20/2023 09:42:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 08:52:51 PM
- Digital Brands Group Announces Conversion of All Remaining Pre-Funded Warrants, Removing Overhang of Shares • PR Newswire (US) • 12/04/2023 02:00:00 PM
- Digital Brands Group Reports Third Quarter 2023 Financial Results • PR Newswire (US) • 11/14/2023 09:30:00 PM
- DIGITAL BRANDS GROUP INC. ANNOUNCES DATE FOR 2023 ANNUAL MEETING OF SHAREHOLDERS • PR Newswire (US) • 11/11/2023 12:30:00 AM
- Digital Brands Group to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023 • PR Newswire (US) • 11/10/2023 07:43:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 07:39:52 PM
- Digital Brands Group Announces Review of Strategic Alternatives • PR Newswire (US) • 11/06/2023 02:00:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 11/03/2023 08:51:03 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/26/2023 10:02:11 AM
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM