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Wolf-man jack

10/27/22 9:13 AM

#20846 RE: Wolf-man jack #20844

WQLF SAYS; First and Foremost before we analyze the ridiculous cost from this not fruitful alliance. One must ask. How and where is the itsy bitsy spider web company going to be able to finance this advertising promotion? The answer is coming in January 2023 through the Art of DILUTION DILUTION DILUTION. The agreement is $30 Million dollars to the MLB Cartel by December 31,2025. Isn’t it funny how they chose the last day of the fourth Quarter of 2025. The real football kicker is the 10 percent Royalties on ALL sales of product with the MLB logo. Imagine the extra cost of adding three colors of their logo on ALL containers and boxes. If the company is fortunate to sell 20 million dollars in volume and it doesn’t add to their current sales, that 10 percent of royalties will be devastating to a company that is burning cash like a Nolan Ryan fastball YQU Understand. Good Luck. Lollipops Have Mercy WQLF Ahooooooo

Dr. Joong J Fang Said; If the itsy bitsy spider web stock remains around $.60 cents next year, in order to pay half of the $30 million and an estimate of $15 Million of sales without increasing sales in 2023. It will take come to a $18 Million payout to the MLB Cartel. That can only be paid for by diluting the stock by adding another 30 Million shares to the outstanding for 2023 alone. The same results for 2024 as well.


“In consideration for the MLB Promotional Rights Agreement, which expires on December 31, 2025, the Company shall pay MLB over the term of the MLB Promotional Rights Agreement, an aggregate rights fee of $30.5 million and a 10% royalty on the Company’s gross revenue from MLB branded products of the Company sold after prior sales of all such branded products exceed $18.0 million. The Company has also entered into a subscription agreement (the “Subscription Agreement”) pursuant to which the Company has agreed to issue to MLB, subject to customary closing conditions, common shares equal to four percent (4%) of the Company’s fully diluted outstanding common shares and proportional voting shares (calculated on the basis of post-conversion to common shares) as of the day prior to the date of issue (such common shares, the “MLB Shares”). The total number of MLB Shares to be issued to MLB is expected to be 6,119,121 common shares of the Company, which will be issued pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506 of Regulation D promulgated under the Securities Act. The Company will not receive any proceeds in respect of the MLB Shares. If the Company fails to issue the MLB Shares in accordance with the MLB Promotional Rights Agreement and the Subscription Agreement, the Company is obligated to pay MLB an additional amount pursuant to the rights fee provisions of the MLB Promotional Rights Agreement.

Other than the MLB Promotional Rights Agreement and the Subscription Agreement, there are no other agreements or relationship between the Company and MLB.

The foregoing description of the MLB Promotional Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the MLB Promotional Rights Agreement, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K to be filed for the year ending December 31, 2022.“

https://www.sec.gov/ix?doc=/Archives/edgar/data/1750155/000127956922001675/form8k.htm


WQLF SAYS; Which Analyst is going to move from Neutral to Buy. Is this your bias opinion and /or wishful thinking? Your reasoning for an upgrade is not feasible just because of an expensive cost Promotion with the MLB cartel. If your wishful thinking was legit, then the other Analysts would be following suit We Do Understand YQU Understand YQU understand. Have Mercy WQLF Ahooooooo

Talon Zipper Said; Left Mind or Left Field. Lollipops


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170293530

CW Analysts disagree, one is soon to upgrade from neutral to buy as per Major League Baseball recent news as who in their left mind would downgrade?




Dr. Joong J Fang Said; Show the shareholders and lurkers your receipts?

WQLF Says;

Upgrades & Downgrades


Maintains Cantor Fitzgerald: to Neutral 8/10/2022
Maintains Cowen & Co.: to Outperform 5/20/2022
Maintains Cantor Fitzgerald: to Neutral 5/18/2022
Maintains Cantor Fitzgerald: to Neutral 3/25/2022
Downgrade Piper Sandler: Overweight to Neutral 8/13/2021
Maintains Cantor Fitzgerald: to Neutral 8/13/2021
Maintains Cantor Fitzgerald: to Neutral 5/11/2021
Maintains Cantor Fitzgerald: to Neutral 1/29/2021
Maintains Cantor Fitzgerald: to Neutral 7/28/2020
Maintains Cantor Fitzgerald: to Neutral 6/16/2020
Maintains Cantor Fitzgerald: to Neutral 5/14/2020
Initiated Piper Jaffray: to Overweight 8/13/2019