The Company is currently delinquent in its filings under the Securities Exchange Act of 1934, and, to date, has been unable to file unaudited financial statements of the Company or its Pixel subsidiary in 2016. The Company’s management in working with outside auditors to audit the financial statements of Pixel for 2014 and 2015 and intends to file Form 10-Q Quarterly Reports for the Company and its Pixel subsidiary as soon as is practicable.
The Company also notes that there have been recent publications and other postings on the Internet by third parties alleging that Pixel has significant revenues, with figures as much as over $70 million mentioned. Such publication also speculates that the value of Solaris’ common stock could be significantly greater than its current trading price.
None of these postings or publications have been authorized or approved by the Company, any member of its current or prior management or any representative of the Company. In fact, the speculated revenues of Pixel are materially misleading and are significantly in excess of current levels of sales revenues. Investors are urged to ignore any such reports, publications or postings and should rely only upon public reports filed by the Company with the SEC under the Securities Exchange Act of 1934.
==== They must have read this sticky??
DollarTIME Monday, 11/21/16 04:07:02 PM Re: None
Post # of 41586
***Reverse Merger with PixelMags, revenue and expected PPS calculation***
***Below DD is done by whizknock - Thank You great DD****
Having read that post myself & after learning how deeply involved Oringer is, I believe that this calculation represents UNDER-PERFORMANCE.
Oringer is the founder & majority shareholder of Billion dollar Shutterstock. He has a genuine stake in our company through Pixel Holdings . I might add that as I write he has Shutterstock trading in the $62 range. Also Shutterstock has a larger OS than SPCL & doesn't have as much potential. Oringer recognized this right out of the gate. He also saw that these two companies have a lot in common in so much as they both are producing large revenues from up-loading digital content. Oringer knows this. He made a billion dollars with Shutterstock selling digital content specifically SINGLE PHOTOS.
What's extremely sweet about PixelMags/SPCL is the fact that major magazines PAY for the ability to provide their copyrighted content produced by their army of journalist & professional photographers. This in turn is BOUGHT through subscription by consumers. Getting paid on both ends. Little wonder that they've already reported $48 million in reserves. Oringer is providing experience & guidance to bring PixelMags/SPCL public EXACTLY the way he did Shutterstock.
In short I'm trying to say that PixelMags will perform two or three times better than Shutterstock! My guess is Pixel will see $120 to $150 a share at some point in the foreseeable future.
This whole post was written on the premise that confirmation of the Reverse Merger hits BEFORE the reverse split of SPCL....
If we take yearly revs of $48 million & divide that by the 1.83 billion shares we have a value of .026 which is more than 10 times our current PPS of .002
If someone tried to calculate value "based on 4x or 9x for industry standard for revenue" they're referring to the P/E Ratio,,, 4x being very, very conservative, 9x being a little above conservative. Keep in mind that when a company is the leader in their sector with very little competition I would really have to use a P/E of 8x MINIMUM
We will continue to stick with 4x P/E to avoid being overly optimistic. We will also stay with $48 million because that's what we know was reported to the SEC even though there's rumors we're now closer to $60 million. No need what so ever to hype this stock. The SEC reported FACTS are all the hype this thing needs.
4x Price per Earnings with PPS of .026 gives us a value of .104 based on current SS.
What's nice is this. This $48 million followed a year of $30 million which presents us with revenue growth of over 60%. In addition, if now we're in the $60 million range that's another 20% growth before a full year has elapsed. I don't need to tell you the obvious. This has demonstrated dramatic growth for several years running. Wall Street takes this information to project future earnings growth. It will continue to grow because Pixel is presently almost alone in this sector of up-loading magazine content directly from the source & they are the undisputed leader.
So the way they calculate this Positive Guidance would be a "PEG Ratio" (basically an Earnings Growth ratio) This is where we could see this thing run huge.
If Pixel gives us positive guidance in their quarterly people would do the math reach calculations of .25 to maybe .35 (still very conservative) which would give this thing an easy run to .30 & if there's really a lot of excitement we can't rule out a momentum run to .45 or more. Don't let Analysts give this a value of 9x P/E or above,,, I won't even fill your head with projections for that.
What if we RS before the merger,,,
If we do get notification of the Reverse SPLIT you can mark that up as confirmation that the Reverse Merger has been consummated.
Confirmed reverse merger presents a new set of targets. $4.00 guaranteed which will bring about a possible up-list. Up-listing should generate a target of $12.00! WHEN the first institution buys in we will see a possibility of $20.00 minimum within 6 months to a years time.
All this company needs to do is complete the RM. Everything else will fall in place & likely exceed your wildest dreams.
Dollar! Please let this go! I made a stupid mistake! I assumed that Pixel Holdings was the same as Jon Oringer's Pixel Holdings & ran with it. Ever since this surfaced I have diligently looked for any connection between Oringer & Vert. I COULD NOT FIND A THING!
I'M WRONG! THERE'S NO CONNECTION WHAT-SO-EVER!
No big deal we still have a decent stock play with SPCL but we don't need to undermine it with false information. The last thing we need is to provide anyone with ammunition to denounce the company! Just let it go. Please! Thank you!