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Friday, May 10, 2024 9:48:08 PM
1. Filings out the week of the 15th showing inventory up at least 500k due to James jersey acquisition. Jersey retail est. 5 million Possible profitable for the qtr.
2. Cancellation of 500 million shares in process. Possibly an additional 1.5 B converted to preferred per CEO. Float of 910 million, with 400M DTC shares.
3. In control of a Jordan jersey worth 20 million retail.
4. Merger with RGU, (realgameused) CEO's private company. RGU is well known in the industry. I have seen multiple high end memorabilia appraised by RGU. Micheal Jackson's glove as an example. This was listed on a competitor's site.
CEO has mentioned non-dilutive financing.
NFL memorabilia licenses, possible 2 this year.
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