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Spetz Inc C.SPTZ

Alternate Symbol(s):  DBKSF

Spetz Inc. is a Canada-based multinational technology company. The Company operates Spetz, a global online, artificial intelligence (AI)-powered marketplace that connects consumers to nearby service providers in around 30 seconds. Spetz operates in the United Kingdom, Australia, and Israel. The Company focuses on utilizing advanced financial technologies, together with predictive analytics derived from artificial intelligence-based machine learning, to provide its customers with products and services in multiple market sectors. Spetz connects with the service provider, for any need, anytime, anywhere. Spetz locates the recommended and relevant professional in seconds and follows the process throughout.


CSE:SPTZ - Post by User

Comment by ScarletSpideron Jul 23, 2021 11:11am
344 Views
Post# 33595954

RE:RE:RE:Too many people are short sighted

RE:RE:RE:Too many people are short sightedRavens1,

I don't know if you directed this question to me I think so? Here is what I will say. $1 is absolutely likely within the next few months especially when this company proves what it is targeting and claiming which is at the very least being EBITDA positive--this doesn't mean net profit overall but operatioal profits for those  quarters moving to being net profitable. Having a positive EBITDA is huge as from what I read and understand it means the health of all companies and using positive cash flow to carry day to day operations. So you can have a long term deficit but with EBITDA your gains are growing and your expenses are reducing and you theoretically will have more cash to work with while getting first to break even then to net profit overall.

Now when it comes to shares and share structure--having massive revenues is big even if your gross profit is low in the 5 to 12 percent which is not desirable because your revenue will need to be like in the 10's of millions to get to EBITDA positive. The problem is this however your value to stock will likely be quite low and if you need to do raises you will be diluting quite a bit at .20-.40 which is not great because typically with raises companies should try to get 2 plus million while spending the time and resources to do it so at let's say .40 that is 5 million shares just like that--Ideally you want raises at a buck plus the higher the better so that is problematic. But if your gross is high and keeps you in strong position being more EBITDA positive than at loss that is pretty good because your share value theoretically should be high as well and that would mean less of a dilution on planned raises.

For where the company sits after the next non crypto raise I heavily would say it needs to put the foot on the brakes in using monies to keep funding new projects and should rather hold that monies as well as avoid diluting by paying with company shares it has done enough of that right now. The company has at least 3 streams of revenue it really should wait on now--the Cryptodevine/Hawk, PPI (the personality software to staffing) and the Data Nevee (which I am getting the spelling wrong and have to be more familiar as to what it exactly is--so that is 3 sources plus the bought shares in Kiebo which is still in an infant stage so the returns need to grow with the advancement of the company. I am very happy that the company chose not to increase its stake by another 15 percent even if in the end it does extremely well because the company needs to really put its foot on the brakes as already mentioned.

I need to see what the company does with what it has and all the revenue flow through and just exactly how much gross it is getting on its dollars. Like I said, it has enough offerings right now and doesn't need to keep spending to keep getting "accretive based" position in companies that need time to build out because it is burning shares (detracting from near term value through dilution) and or capital that they should actually kind of sit on and stop using shares to pay for things.

A lot of this is also contingent on old existing financing and the cashing out of warrants and options to keep the company well funded without having to keep diluting and adding more pieces of paper which will inevitably keep dragging the share value down and with it if need for more monies a low share value raise and more dilution so the company needs to stop really stop after the next offering (non crypto) and allow for revenue flow through as well as existing cheap pieces of paper to be chewed through--turn off the tap of spending and start getting monies coming in not constantly going out. When this is done the company's shares won't be just $1 but the rationale behind a $3 to $5 that I have said--this is all essential to hit that for this year if not not likely to trade at that price--$1--$2 is possible so that is how I will say and qualify things. It all depends on slowing down the dilution and getting way stronger share value before doing more.

Overall, let's see what the next few months bring revenue financial wise but yest $1 is quite possible for that time frame--beyond will all depend in cutting spending and diltuion and fully realizing the revenue flow through and not having to fund too many projects not until things are really strong with the streams that are already existing.
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