Tiderock Companies Inc (TDRK)

[Poundthetable]

I agree lots of patience required here

[rbb]

can turn on a dime... just need a little info...

[Poundthetable]

Nothing here might have fell asleep at the wheel

[rbb]

agreed,,, the lack of communication is disappointing... anyone else try reaching out to these guys?

[Poundthetable]

i wont buy anymore TDRK until some updates

[WHITTENHALLJR]

Until then hold on for dear life!! Yikes

[ironhammer]

when that happens this should do very well

[WHITTENHALLJR]

Yes we do!!!

[rbb]

So thin… we need updates!

[ironhammer]

adding

[The GidDy uP Kid]

GidDy uP TDRK...

[The GidDy uP Kid]

TDRK… Bullish Marubozu Daily candle…
https://schrts.co/JHtbgVUQ

[rbb]

Communication here is top notch…

[ironhammer]

as we see today it can move easy with volume

[Geegee678]

For sure..

[The GidDy uP Kid]

The Horses want to get out of the stable and run…

[Poundthetable]

Our day will come hold your horses~

[ThreePuttPhil]

Thanks for the explanation……

[The GidDy uP Kid]

TDRK .0113 setting uP a daily Bullish Engulfing candle…

[tedpeele]

Here's some clarification:

MC means market cap
PS means Price to Sales ratio

It looks to me like a Price to Sales ratio of 2 is reasonable, if not quite low given the types of materials they are providing, using the link I included.

Assuming revenues will be $12 million based on prior projections a PS of 2 would mean a market cap of $24 (12x2) - which would be a price of around .25 which is about a 25 bagger from the current market cap of just under $1m

PE and PS are metrics commonly used to value growth companies. They are both used and it is an inexact science. A PE of 10 is possibly way too low too, but I don't have their numbers from past years to know for sure.

In the OTC these calculations mean far less - any company with a float as low as the one here can go banannas, but investors often like some metrics to at least have a sense of whether they are likely to make money or not.

The other quotes I provided give some perspective on what they are trying to do.

I hope this was more helpful than my original post. Best to you!

..

[WHITTENHALLJR]

He’s just trying to say stay put … sucks to sell before the explosion… I have experience there… it will come imo

[ThreePuttPhil]

For the love of GOD, would you please try to make a statement using plain language that someone can understand. I think i know what MC and PS mean but when you’re say something say exactly what you mean. Please.

[tedpeele]

$12m in revenue and MC now only $1million - Specialty composite materials look to have a PS of greater than 2 based on the list below:

That would be a 24 bagger from here -- ie price of around .25

https://eqvista.com/price-to-sales-ratio-by-industry/

Similar is the PE calculation based on $1.7m EPS estimate for this year: PE of only 10 would be a 17 bagger.

Closely aligns with the original 20 cents per Preferred share number...

But once this moves - the tiny float will take it up fast and could go much further as momentum and volume kicks in. This sometimes goes out of the blue because of the small float, one could easily miss the boat.

Just a month ago:

Heard back today;

"I understand what binding agreements mean. In most cases binding agreements are for two purposes. 1. Avoid one party for shopping for other deals. 2. Punitive damages if a deal doesn't close. In this case both parties are working close together to move the relationship forward while working on components of the transaction and will take significant more time to resolve. Just as in this case, MTAG Composites clients are fortune 1000 companies and have N60-90 payment terms. And with a production build cycle of 30-90 days an enormous amount of working capital is required. As such the company relied on invoice factoring, which is fine. Our goal will be to eliminate that feature. Short term challenge is that TDRK being an American company, some of the covenants if the factoring company couldn't be resolved in short order. Needless to say, it was MTAG that recommended the global sales arm of which all client relationships would be transferred allowing tdrk and mtag to consummate phase 1 of a working relationship effectively transferring revenues to tiderock with MTAG composites being the outsourced manufacturer. The primary owner of MTAG is now becoming a board member of TDRK.
I hope this provides some clarity.

William Waldrop
CFO
Tiderock Companies
617-786-5777"

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174485453&txt2find=mtag

From website:

Established in 2008, MTAG Composites specialises in the manufacture of high quality Phenolic, Epoxy and Polyester Glass Fibre and Carbon Fibre reinforced plastic mouldings with a diverse product mix for customers within the aerospace, rail and leisure industries.

Our manufacturing facilities are over 61,000 sq ft based at Coningsby, Lincolnshire UK and employ over 120 employees (some of whom have more than 20 years hands on experience in composite mouldings). MTAG specialise in Phenolic mouldings that give excellent fire retardancy and marine environment properties meeting BS476 Part 6 and 7, BS6853:1999 and EN45545-HL3 standards.

[The GidDy uP Kid]

TDRK daily psar flipped to the Bullish Buy side yesterday…
https://schrts.co/XJyImcYC

[ironhammer]

looks like it was a market sell maybe 300-350 k no worries

[ironhammer]

looks like it was a market sell maybe 300-350 k no worries

[georgeofthebungle]

Not how dilution works but ok expert lmao

[WHITTENHALLJR]

I bet it’s just impatient retail

[Johnstown]

TDRK .0057 setup is sweet, LOL, these pigs do a acquisition, and then dilute yea good mgmt, LOL

[rbb]

creeping up here... $TDRK

[rbb]

TDRK setup is sweet, ready for next move up, imo...

[The GidDy uP Kid]

TDRK .0107… Daily Bullish psar flip approaching Quickly…
https://schrts.co/pDCDGIdx

[rbb]

I'd be surprised if we don't hear something this week.

[WHITTENHALLJR]

How long to wait?

[ThreePuttPhil]

I guess we have to wait for financials. Thank goodness there are some requirements for transparency in the OTC market.
We certainly can’t depend on management to come out and give us real information that shareholders are entitled to. Honest people are not afraid to offer information to clarify status of a Company.

[tedpeele]

It’s a bit odd because the merger was with a company associated with the original - like a distribution arm, I think. So not the same, except i was told the revs from the original will be reported as Tiderock revs. Apparently from what i was told they hit some snags with the original plan and so this was a workaround solution.

Would help if they would more fully explain it. Im still in and hoping it is still nearly as great as we thought.

..

[ThreePuttPhil]

Looks like a lot of folks don’t think that the revenues will come through. Amazing!
If they are right, then we are all fools….
I wish I understood how they are right.
The companies did merge, RIGHT.

Please correct me if I’m wrong…..

[tedpeele]

yes, IF the revs come through from the merger with this ss it could fly

[Poundthetable]

Buy more TDRK now be happy later…

[rbb]

exactly... thinking we hear something soon!

[WHITTENHALLJR]

Not selling much though…

[rbb]

adding for another 100% pop...

[rbb]

I don't know what a trenditrade is... of course the company is raising money, that's why they are public.
my point is, with a little more communication they could be selling higher with a lot more eyes.

[Geegee678]

So trendtrade was correct that the company is selling shares..?

[BeeHaus2]

ah, ok. thanks!

[rbb]

I have a screenshot from 4/30 showing the O/S at 80,644,584... sorry, it's too much of a pain in the ass to post pic's here..
anyway, this is the first change I've seen since, just wish they would help it along instead of just quietly selling...

[BeeHaus2]

I'm not seeing that. Where is the change you are seeing?

Share Structure
Market Cap Market Cap
1,040,315
06/14/2024
Authorized Shares
250,000,000
06/16/2024
Outstanding Shares
86,705,190
06/16/2024
Restricted
45,218,185
06/16/2024
Unrestricted
41,487,005
06/16/2024
Held at DTC
28,307,093
06/16/2024
Float
21,878,236
02/10/2024

[rbb]

SS update,,, looks like they added about 6mm

[The GidDy uP Kid]

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[The GidDy uP Kid]

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