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Bullboard - Stock Discussion Forum Carbeeza Inc Com V.HIT

Hit Technologies Inc develops, manufactures, and sells accessories for mobile devices for iPhones in Canada, the United States, and internationally. The firm is engaged in designing, manufacturing, and distribution of the company's suite of HITCASE products, professional lens and mounting systems for iPhone. Its product portfolio includes Hitcase PRO, a rugged, waterproof, and mountable case... see more

TSXV:HIT - Post Discussion

Carbeeza Inc Com > News will come fast and furious when the gates open
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Post by Midnightryder on Jan 30, 2018 11:51am

News will come fast and furious when the gates open

MY SYNOPSIS for what it's worth: The relevance that the company failed to report on time is not important. They made the public aware of this, and have filed their reports, so this is now a non issue. Birch, you are like a broken record.Bring something new to the board, or clam up. With that being said, I'm looking for an entry point to pick up a sizeable amount today. I've been waiting for something positive to jump in, and the last news release seems to be setting the stage for exponential growth in sales moving forward. IMOThey most definitely need an injection of capital from a big name reputable financing firm to help fund their marketing efforts and start producing so enmass so that the supply out numbers the demand. People that see sold out when trying to purchase will most likely but a different product, as they want one now, not when they become available. This needs to be done like NOW, and It needs to be someone with deep pockets, which I feel may very well be the next NR. I am sitting here waiting to make a decision to invest here, I believe in the product and the story to be told moving forward, I just hope someone in the financial backing world does also. Every hour/day/month/year/ consumers are updating their mobile devices with new updated phones, all which people usually buy a new protective case at the same time. FACT: iPhone sales accounted for more than 69 percent of Apple's total revenue, generating more than 54 billion U.S. dollars in revenues. On average, that translates to over 34,000 iPhones sold "every hour, every day" of the quarter. Analysts expected numbers around 65 million, and the previous record, 51 million iPhone sales in the first quarter of last year. FACT: Apple shipped 46.7 million iPhones during the three months ended Sept. 30, according to its fiscal fourth-quarter report released Thursday. FACT: This equates to 34,000 iPhones sold every hour of the day, every day of the week world wide These numbers are world wide, and I have yet to find data on North American sales, but the world wide web is just that, world wide, so the HIT product is also available for all Iphone users, anywhere, anytime. But being conservative lets assume: MY valuations and My opinion only, do your own DD if you don't agree with my (conservative) estimates: based on: 34,000 (fact)(sold world wide every hour) x 7%(fact)(percentage of population of NA compared to world population (7.5 billion worldwide)=2380 sold every hr in N/A(estimate based on factual numbers) 2380 x 24(hrs in a day)(fact lol)=(57,120 iPhones sold in N/A daily)(estimate) <816,000 daily="" worldwide=""> 57,120 users of iPhones x 10%(estimate) of market share for HIT product sales=5712 HIT cases sold daily in NA Fact: Population to grow in NA by 136,000 people per year which further adds to revenues in the future (IMO) 5712 HIT cases sold daily x 365=2.084 mil HIT cases sold to Iphone users yearly(conservative estimate) 2.084mil x $50(my estimate on avg cost to purchase a HIT case)=$104mil gross revenues annually. ($26 mil/quarter) (someone else would have to do the EPS and share price calculation based on these revenues as I'm not too savvy in that department) IMO opinion all these valuations that I have used are extremely conservative. Not taking into account sales to other consumers/retailers stocking in other countries, but according to my DD this will be a giant in the making, mid to long term (2 yrs mid term, 10 years long). Do your own due diligence, but numbers don't lie, unlike Birch Brook and his constant regurgitation of old, irrelevant news from the past. Altho the past track record of a companies performance is important, whats relevant is what they are/have been doing now and moving forward into the future of a huge, demandable market for good quality(did I mention patented) products is and should be at the forefront of ones investment decisions. Nothing is for sure, but this particular play appears to be heading in the right direction, and I'm betting on them to be successful and gain a large chunk of the market share for their product. MY SYNOPSIS for what its worth: The more the word gets out on the HIT case, the more people will be purchasing, and word will travel fast by word of mouth. I am quite certain that if and when the sales of HIT products gain momentum that they try to enter the Samsung product line, and if and when this happens, lookout, as this will be by far the sector leader in sales. The patented product is proven to be an exceptional one, and quite possibly could become a sector leader in this category. Albeit, I feel the front end management needs some changes, but It's worth the risk at these current prices. A quick double at these levels is unquestionable.I believe that people will be chasing this at s/p levels double what they are at present sooner than everyone thinks. I will be happy to sell half my position at that time to the chasers.High potential stock are hard to find on the venture, and IMO opinion, this is a good find.This is one for the long term holds in your account. Good luck to all, and I'm looking forward to sharing my input and dialogue on this forum
Comment by stockman67 on Jan 30, 2018 11:58am
Very well said. Add to this the fact that their products essentially make GoPro outdated technology and there's even more reason to invest and hold for the long term. And it's not just a case, it's a growing amount of support products.
Comment by Midnightryder on Jan 30, 2018 12:12pm
Yes agreed stockman, but Gopro is most definitely updating their technology as we speak, and in comparison to Hit Case, you can't make a phone call on the go Pro, so we have two device in one, all for one price. Considering avg cost for Go Pro is $400 USD and you still need a phone seems a no brainer to have the HIT case instead. And many people that own GoPro products (2/3) of people that ...more  
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