News Focus
News Focus
icon url

Choi

12/20/21 12:07 AM

#77869 RE: J0L #77868

In regards to the market reacting to small earnings for 1st q. or even 2nd q. in 2022, I can't imagine why that would pose as a problem. The reaction from the market would derive predominately from the longs and otc players, knowing fundamentals don't always drive the share price and valuation for otc companies, especially when when any company is just getting started. In fact, it'll further cement the legitimacy of the company and will be viewed positive more than anything else...

It goes extensively beyond that when you consider the s.p or valuation for an otc company, but a lot of them have huge debts, no earnings, dilution, fraudulent claims, fraudilent activities, fraudulent plauers and still have hundreds of millions of dollars in market cap, if not billions...
icon url

Ryoko

12/20/21 12:33 AM

#77871 RE: J0L #77868

I would not expect any revenue in the next 10K due in a couple of weeks. For that matter Q1 will likely not have a lot either. And this is for several reasons: First, they have only just recently opened their stores and started making sales late in this quarter. Secondly, I'm sure there was significant start-up costs associated with getting the store up and running, plus the initial manufacturing costs. And third, they have barely started with marketing. That said, I would not expect any big revenue numbers until at least Q2.
icon url

ranger_7

12/20/21 7:34 AM

#77878 RE: J0L #77868

I don’t care how market reacts to their first quarterly report - I’ll be here and I’ll be here for a long haul. I can see huge potential and that’s why I bought shares. If someone is so nearsighted to not see it, that’s on them. Many sold NIKE when it was under $1 and we all know where it is at now. Brian and Matt already ran very successful Dryworld company but got screwed buy their financier - perhaps that’s the reason they took the company public this time which is a very smart move. I can wait a year or two for huge money.