NEXT Inc (fka NXTI)

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Today posted on Penny Stock Haven:

Once in a blue moon investors come across a true value play in the OTC market. PennyStockHaven.com believes that Next Inc. (OTC BB: NXTI) is one of those. Read on to find out why we’re excited about NXTI. We’re not kidding when we say it is a rare GEM.

Next Inc. has been in the retail market for 15 years (long-term commitment, dedication), has 80 full-time employees and revenues of $15M per annum! Have you seen or heard of anything close to or at least similar to NXTI listed on the OTC? Probably not! We’ve been investing for a little under a decade and we’ve yet to come across another gem like this. Just imagine. This company has a tiny market cap at $410,000 and trades much below its book value!

Would you like to verify our stats with a ‘hard copy’ (the original source)? See NXTI’s Quarterly Report (10-Q) released on April 14th/2010. Significant improvements are seen throughout! There is oddly familiar presence to this financial report, almost as if we are studying a NASDAQ or AMEX listed company. Take the time to go through the company’s financials and discover the value we see for yourself.

Doing your homework is the framework to every wise investment decision. Empower yourself but informing yourself. We at PennyStockHaven.com never adopt a position where we give anyone any advice; instead, we provide investors with highlights on the stocks we feel deserve time in the spotlight. Below, we highlight several reasons why Next Inc. deserves the spotlight today.


I. Management

Next Inc. senior executive management team, lead by Mr. Robert Budd, CEO, have collectively built, run and sold numerous other successful ventures (prior to NEXT) in other industries as well as the licensed imprinted and promotional products industry. Senior management is committed to long-term shareholder value with sizeable insider holdings in the company's shares. Did you know that collectively, two of NXTI’s directors hold more than 30% of the common stock of the Company?!

II. Business Model

Next Inc. is a creative and innovative sales and marketing organization that designs, develops, embellishes, markets, and distributes licensed and branded imprinted sportswear primarily through key licensing agreements as well as Company’s own proprietary brands. Next’s product offerings include sportswear branded with its own proprietary designs, which include American Biker ® , American Wildlife ® , Ragtops Sportswear ™ , Campus Traditions USA ® , Class Threads ™ and Cadre Athletic ® . Next Inc. distributes its licensed and proprietary products pursuant to various arrangements, including the following:

?Approximately 200 licenses and agreements to distribute our Cadre Athletic®, and Campus Traditions USA® line for most major colleges and universities in the United States; and
?Licensing and distribution agreements with GRITS (Girls Raised In The South) and Chuck E. Cheese.
III. Growth potential

The Next, Inc. is one of the larger companies in the highly fragmented licensed imprinted sportswear industry which generates approximately $18 billion in revenue on an annual basis. The Company has implemented its strategy of “Creating Retail Programs that Exceed Sales Expectations” to meet its customers’ key requirements including: art design and development, manufacturing (for imprinted and embroidered sportswear), sourcing (for distributed products), warehousing and fulfillment. The Next, Inc. has developed a diverse distribution network, ranging from national, large regional, and specialty retail chains, corporate accounts, college book stores, motor sports, souvenir and gift shops, and golf shops. Next Inc. has expanded its distribution to include e-commerce through which a significant amount of the Company's most popular licensed products is marketed. The most significant are http://www.americanbiker.net, http://www.rpmsportsusa.com and http://www.campustraditionsusa.com

IV. Capitalization Prospect

Ridiculously low Market Cap of $410,000 compared with $15,000,000 annual sales. The price to sales ratio is a screaming buy with these kinds of numbers. Once the market, investors from all four corners of the globe acknowledge Next Inc. for the gem that it truly is, NXTI’s share price will redefine return on investment. At a price to sales ratio of just one (still considered drastically undervalued) Next Inc. will have to trade 20-30X higher than the recent price per share.

Happy Trading!