Replies to post #157 on NetBrands Corp (NBND)

[ProfitScout]

Really nice news out of GDMK today reporting notable gains in both revenues and profits for the period ending on September 30th. The company's premium snack food lines are clearly being well received by a growing consumer base and company gains should continue to show growth as we know that distribution expansion to reach new customers is in play.

Note the comments from the CEO:

Paul Adler, Chairman, and CEO stated, “Our efforts throughout the quarter and first nine-months of this year have been significant and shown our growth in the numbers despite the pandemic, culminating in a very significant revenue increase and profitable quarter. We continued our global distribution with new agreements in Austria and EU markets and succeeded in new product launches and partnership agreements with distributors and retailers nationwide. As such, we continue to expand our client base and have seen significant traction “. Mr. Adler continued, “Our low overhead structure compared to our peers, positions us nicely to add complementary product lines and leverage our overhead to produce increasing profitability”.

[BlazingStocks]

This is great News for $GDMK shareholders!

Mr. Adler continued, “Our low overhead structure compared to our peers, positions us nicely to add complementary product lines and leverage our overhead to produce increasing profitability”.

[ProfitScout]

The growing GDMK success story is still mostly undiscovered by the investment community but it can't continue to go so unnoticed with the excellent results we are starting to see as in the latest news. GDMK is a prefect example of a sleeper stock that is due for a great awakening. Those of us who are up early here have a perfect entry and accumulation opportunity.

About Global Diversified Marketing Group

Headquartered in Island Park, NY - Global Diversified Marketing Group Inc operates as a global multi-line consumer packaged goods (“CPG”) company with branded product lines and is a food and snack manufacturer, importer and distributor in the United States, Canada, and Europe. The Company operates in the snacks market segment and offers Italian Wafers, Italian filled croissants, French Madeleines, Wafer Pralines, shelf-stable Macarons, and other gourmet snacks. The company sells its products directly through various distribution channels comprising specialty, grocery retailers, food-service distributors, direct store delivery (“DSD”) as well as the vending, pantry, and the micro-market segment.

[jedijazz]

"Adjusted net profit which is defined as net profit after adding back non-cash, stock-based expense was $76,856 in 2020 compared to $14,126 in the 2019 period." $GDMK

[ProfitScout]

GDMK should have strong Q4 revenue results with extra sales of the company's premium snack food lines all around the holidays. These products are highly popular, healthy and gaining an increasing consumer base as they steadily become more well known.

Sales reported so far this year have been very positive as we have seen.

Global Diversified Marketing Group Reports Record Quarterly Revenue Up 82% Over Prior Year Levels
https://finance.yahoo.com/news/global-diversified-marketing-group-reports-133000983.html