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Pool Safe Inc V.POOL

Alternate Symbol(s):  PFFEF

Pool Safe Inc. is a Canada-based company that manufactures and sells a product known as the Loungenie. Loungenie functions as a multi-purpose safe and contains a solar-powered charger for universal serial bus (USB) compatible devices including phones, cameras, and tablets as well as a server call-button and a beverage cooler and holders. The premium multi-purpose Loungenie product is a functional piece of furniture installed in VIP cabanas and exclusive indoor and outdoor lounge areas and premium seating. The Loungenie features a service call button, a lockable compartment for guest electronics and valuables, a USB solar panel charger as well as an ice bucket and beverage holders. The Loungenie also provides branding and customization opportunities. Each Loungenie can be equipped with a branded lift-lid, a branded safe door, and media wrap.


TSXV:POOL - Post by User

Comment by Roddiggition Feb 04, 2021 8:22pm
79 Views
Post# 32480272

RE:RE:POOL.V December 2020 Company Presentation

RE:RE:POOL.V December 2020 Company Presentation
Roddiggiti wrote:
Roddiggiti wrote: This isn't available on their site, had to get it from management: https://cdn-ceo-ca.s3.amazonaws.com/1g12vq8-Pool%20Safe%20Presentation%20%28POOL%29%20-%20December%202020.pdf


https://cdn-ceo-ca.s3.amazonaws.com/1g12vq8-Pool%20Safe%20Presentation%20%28POOL%29%20-%20December%202020.pdf

 



Insiders own quite a bit of stock. Even though the two major shareholders disposed of some shares a couple years ago, they still have decent positions, plus some shares were given for debt recently. All that paper, there's a plan in place to get this ramped up. COVID might be holding sales back from ramping up, but they were close to breaking even last quarter, so some cost cuts and additional revenue should make them profitable for the upcoming quarter. 
 
I emailed the company and these are the replies back, condensed from several emails between early January and now:
 
- At this time, the Company does not have any plans to do a rollback.  With respect to private placements, or capital raises, the Company raises funds in order to run the operations and grow its business … therefore, only when necessary.  
 
- The Company’s objective from the outset has been to create a great product and to expand upon the product with newer technology and features.  It has also been our goal, concurrently, to increase its revenue share partnerships and sales quarter over quarter, year after year.  Timing to achieve these goals have been a bit more challenging than anticipated but growth and profitability is a top priority.  
 
- COVID has created a very tough environment for the Pool Safe business but we are starting to see some “green shoots”.  North America, geographically, is where the Company has done the majority of it’s revenue share partnerships.  We remain extremely focused on growing that market.   
 
- We have used, along-side other marketing brochures, the presentation for various IR and marketing campaigns.  We have a 2021 IR and marketing plan but are waiting for great visibility with COVID and our revenue share partners prior to kick-starting these initiatives.


Looks like Hilton is starting to grow again with vaccines being administered. 

https://www.travelpulse.com/news/hotels-and-resorts/hilton-ceo-discusses-impact-of-covid-19-plans-for-future.html

"While last year was devastating, the introduction of vaccines into common use should be enough to eventually begin reopening common routes and bolster the need for overnight stays from business and leisure travelers. When the first vaccine was administered, travel advisors experienced the highest bookings since the lockdowns started. “And as it’s more widely distributed, it’ll be a major advancement for our industry, especially for our Team Members on the front lines in our hotels,” Nassetta said. “A vaccine – in addition to ongoing common-sense safety precautions – will help people feel more confident in traveling domestically and internationally.” “That confidence is going to be key in building momentum in recovery around the world, and in keeping our Team Members safe as they continue to spread the light and warmth of hospitality,” Nassetta continued. In the midst of the coronavirus outbreak, Hilton hotels announced a new cleanliness and customer service program designed for meetings and events. Hilton EventReady with CleanStay was shaped by extensive research and feedback from meetings, events and entertainment gatherings. When asked about how much the meetings and events businesses would evolve heading into 2021, the Hilton CEO spoke about the changes he expects to stick around even once travel becomes less dangerous. “We expect hybrid events to be a key part of our events business in 2021 – as it becomes safer to have smaller group gatherings, organizers will continue to promote virtual attendance, reaching a much larger audience than they did pre-COVID,” Nassetta said. “We also expect people will be more selective in their decisions to attend in-person events for the foreseeable future, which is why our teams are working with our customers to make sure that the events they organize are truly top-tier and worthy of a special trip for attendees.” Luckily, research from Expedia Group Media Solutions showed that 53 percent of travelers are optimistic about taking a trip in the next 12 months, with nearly 31 percent dreaming of travel and actively planning for 2021."

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