RE:RE:Might invest - Gross sales are expected to be approximately $3.5 M for the year ended April 2021. Gross margins have historically been between 38% and 40%
- this is from December 15th news as well as today's that someone posted. You have two strong positive things going for the company which is 3.5 million projected revenue with a 38 to 40% historical gross profit margins. The company is buying out all of the Wow shares:
Pursuant to the terms of the Definitive Agreement, in consideration for the Proposed Transaction and upon closing thereof (the "Closing Date"), the Company will issue an aggregate of 28,190,725 common shares of the Company (the "Consideration Shares") to the shareholders of WoW at a deemed price of $0.1718 per Consideration Share, which deemed price represents the 5 day VWAP leading up to the signing of the Definitive Agreement. There is no hold period for the Consideration Shares pursuant to applicable securities laws, however, 19,353,900 Consideration Shares are subject to voluntary hold periods ranging from four to twelve months from the Closing Date.
theoretically .17 should be the actual bottom here when you see the deemed price so this is trading below that which means it is a great buy and hold right now.
If people are selling to try to push the share down to get the shares cheap i see that going on hence the volume is low because people are not falling for that but this will have to go through the cycle not a great time to be selling but an excellent one to be buying for under .17 let alone that .15.
The accretive earnings for 2021 is not a joke actually so that is great revenue stream and to give up what the company has to buy seems like a good growing move. There are other dealings that they are in and they seem good too that which is from my recollection in Europe and the online presence market that is established for that venture.
It is all about branding and growing the business along with strong science. If the company gets into a systematize way of doing things with analytics and credible science based companies more than just natraceutical that is where things will get real exciting but with natraceuticals it can be a real fickle market as that was the thing that resulted in the collapse of cbd and those who will always be thriving are the ones who differentiate themselves but it is essential to cover three parts--recreational, natraceutical and strong science based pharma or hybrid natraceutical phamraceutical. Having only recreational products is not the strongest like I said build the three legs possible get into analytics on studies and allowing to systematize data with those AI tech is where tons of companies have been scoring massively big right now. With esport tech and tools that use analytics anyways this can be a natural product line expansion and a very useful one to keep everything for not only others running efficient and well targeted but for the company as well.
I can see the company systematically putting all these pieces into play. I increased my position by more than a double today mostly based on what i see of what is going on here. Right now because of expensing things out and getting things set and to grow it may need a bit of time to create stability but really these should be trading theoretically above .15 but let's see where things go I like the moves thus far and see that they will be quite profitable moving into the coming year but I am speaking as a very lay person one who has rolled the dice to put monies back in. The shares I held previously were all free to me but now I am putting monies at risk not too much. I wouldn't have bought if I didn't think this will inevitably get back within the .25 plus range at some point next year so this is the best time to either get in or add sell no unless it works that people who are trying to keep these pushed down manage to drop it below .125 .12 this should look to be bottom despite the .115 in which i believe these are going fairly cheap at this point projecting out.