Updated DD for Newbies
New BBIG Family Members continue to increase by the day!
1. Lomotif has a $5Billion valuation that the CEO of Zash recently said was on the “conservative” side! Tgis also doesn't even include their Emmersive Entertainment and their NFT Platform!. Lomotif is a short video app that is a rival to Tik Tok. They are huge in Asia and South America, with Brazil and India being the countries where the app is most popular. The company has conducted a soft launch in India where Tik Tok is banned, and is planning a complete launch before November. India is estimated to have over 450M social media users by 2023. To put that in context, the entire population of the USA is around 333M. Countries like the USA, Indonesia (pop. of 275M) and Australia have either at one point banned, or considered banning Tik Tok due to the Chinese influence.
2. Lomotif has over 31M monthly active users (MAUs) as of June 2021 with the number growing rapidly! They have more than doubled in MAUs since ZZV acquired Lomotif just a few months ago. The more MAUs, the more monetized revenue they can generate from advertisements. Lomotif has also acquired tv syndication rights for television shows where they will stream for free on the app, further drawing in users!
3. BBIG will have a spin-off company called Emmersive sometime in Q3. Emmersive is an NFT platform that recently sold 1M Tory Lanez albums in under a minute. This is the first platinum NFT album in history! Emmersive also takes a 15% fee every time an NFT is exchanged on their platform. They are essentially sitting back and collecting money like an eBay or PayPal every time the NFT is sold. Owners of BBIG will receive an equity stake in Emmersive. Details should be released in the upcoming proxy.
4. The amount of short interest is crazy! Shorts are hoping holders will run out of patience to drive the price down. Lots of people were shorting huge when this was $4-5 and may not have covered yet. I know the saying is old, but buying and holding truly goes a long way here.
5. The amount of Calls vs Puts for Sept-10 is 82% to 18% at $7.50 and $8 Strike Prices.
6. The Preliminary Proxy Statement is due by Sept-10 (10 days prior to sending the Proxy Materials to us Investors. The Prelim Proxy Statement:
- it discloses all relevant details related to the issues being put forward for a shareholder vote.
- Announcement of annual meetings, election of directors, issuance of stock, changes to a company's articles of incorporation, shareholder proposals, and board compensation.
If you like money, join us in this Squeeze Play (one of the only with great fundamentals AND awaiting imminent industry-disrupting fundamental news!