Fortune 500 list of companies 2020 | Fortune

forbes list 2020 companies

forbes list 2020 companies - win

A Gen.G Esports Fan Community

Established in 2017, Gen.G is the leading esports organization connecting the U.S. and Asia. Ranked #6 in the 2020 Forbes list of the world’s most valuable esports companies, Gen.G is the only major organization that owns and operates top teams in the world’s leading esports markets -- China, South Korea, and the United States. Winners of 7 global championships to date, Gen.G has teams in League of Legends, Valorant, Overwatch, PUBG, Fortnite and NBA2K.
[link]

Two local companies make it to Forbes Asia’s Best Under A Billion 2020 list

submitted by lad-akhi to rationalpakistan [link] [comments]

/r/worldnews - https://www.forbes.com/sites/siladityaray/2020/08/26/us-adds-24-chinese-companies-associated-individuals-to-sanctions-list/

https://www.forbes.com/sites/siladityaray/2020/08/26/us-adds-24-chinese-companies-associated-individuals-to-sanctions-list/
submitted by Faction_Chief to NoFilterNews [link] [comments]

Edoc Service Makes Forbes’ 2020 List of America’s Best Small Companies (SEO And Web Design Tips)

submitted by djadibas to SEOAndWebDesignGuide [link] [comments]

Is Your Company Using Artificial Intelligence To Transform An Industry? Nominations For The Forbes 2020 AI 50 List Are Now Open

submitted by anonymous-shad0w to IndustrialPharmacy [link] [comments]

Timeline of Trump's Russia Connections from KGB Cultivation to United State President

The Russia Mafia is part and parcel of Russian intelligence. Russia is a mafia state. That is not a metaphor. Putin is head of the Mafia. So the fact that they have deep ties to Donald Trump is deeply disturbing. Trump conducted FIVE completely private meetings and conferences with Putin, and has gone to great lengths to prevent literally anyone, even people in his administration, from learning what was discussed.
According to an ex-KGB spy...Russia has been cultivating Trump as an asset for 40 years.
Trump was first compromised by the Russians in the 80s. In 1984, the Russian Mafia began to use Trump real estate to launder money.
In 1984, David Bogatin — a convicted Russian mobster and close ally of Semion Mogilevich, a major Russian mob boss — met with Trump in Trump Tower right after it opened. Bogatin bought five condos from Trump at that meeting. Those condos were later seized by the government, which claimed they were used to launder money for the Russian mob.
“During the ’80s and ’90s, we in the U.S. government repeatedly saw a pattern by which criminals would use condos and high-rises to launder money,” says Jonathan Winer, a deputy assistant secretary of state for international law enforcement in the Clinton administration. “It didn’t matter that you paid too much, because the real estate values would rise, and it was a way of turning dirty money into clean money. It was done very systematically, and it explained why there are so many high-rises where the units were sold but no one is living in them.”
When Trump Tower was built, as David Cay Johnston reports in The Making of Donald Trump, it was only the second high-rise in New York that accepted anonymous buyers.
In 1987, the Soviet ambassador to the United Nations, Yuri Dubinin, arranged for Trump and his then-wife, Ivana, to enjoy an all-expense-paid trip to Moscow to consider business prospects.
A short while later he made his first call for the dismantling of the NATO alliance. Which would benefit Russia.
At the beginning of 1990 Donald Trump owed a combined $4 billion to more than 70 banks, with $800 million personally guaranteed by his own assets, according to Alan Pomerantz, a lawyer whose team led negotiations between Trump and 72 banks to restructure Trump’s loans. Pomerantz was hired by Citibank.
Interview with Pomerantz
Trump agreed to pay the bond lenders 14% interest, roughly 50% more than he had projected, to raise $675 million. It was the biggest gamble of his career. Trump could not keep pace with his debts. Six months later, the Taj defaulted on interest payments to bondholders as his finances went into a tailspin.
In July 1991, Trump’s Taj Mahal filed for bankruptcy.
So he bankrupted a casino? What about Ru...
The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
The casino repeatedly failed to properly report gamblers who cashed out $10,000 or more in a single day, the government said."The violations date back to a time when the Taj Mahal was the preferred gambling spot for Russian mobsters living in Brooklyn, according to federal investigators who tracked organized crime in New York City. They also occurred at a time when the Taj Mahal casino was short on cash and on the verge of bankruptcy."
....ssia
So by the mid 1990s Trump was then at a low point of his career. He defaulted on his debts to a number of large Wall Street banks and was overleveraged. Two of his businesses had declared bankruptcy, the Trump Taj Mahal Casino in Atlantic City and the Plaza Hotel in New York, and the money pit that was the Trump Shuttle went out of business in 1992. Trump companies would ultimately declare Chapter 11 bankruptcy two more times.
Trump was $4 billion in debt after his Atlantic City casinos went bankrupt. No U.S. bank would touch him. Then foreign money began flowing in through Deutsche Bank.
The extremely controversial Deutsche Bank. The Nazi financing, Auschwitz building, law violating, customer misleading, international currency markets manipulating, interest rate rigging, Iran & others sanctions violating, Russian money laundering, salvation of Donald J. Trump.
The agreeing to a $7.2 billion settlement with with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities and causing the 2008 financial crisis bank.
The appears to have facilitated more than half of the $2 trillion of suspicious transactions that were flagged to the U.S. government over nearly two decades bank.
The embroiled in a $20b money-laundering operation, dubbed the Global Laundromat. The launders money for Russian criminals with links to the Kremlin, the old KGB and its main successor, the FSB bank.
That bank.
Three minute video detailing Trump's debts and relationship with Deutsche Bank
In 1998, Russia defaulted on $40 billion in debt, causing the ruble to plummet and Russian banks to close. The ensuing financial panic sent the country’s oligarchs and mobsters scrambling to find a safe place to put their money. That October, just two months after the Russian economy went into a tailspin, Trump broke ground on his biggest project yet.
Directly across the street from the United Nations building.
Russian Linked-Deutsche Bank arranged to lend hundreds of millions of dollars to finance Trump’s construction of a skyscraper next to the United Nations.
Construction got underway in 1999.
Units on the tower’s priciest floors were quickly snatched up by individual buyers from the former Soviet Union, or by limited liability companies connected to Russia. “We had big buyers from Russia and Ukraine and Kazakhstan,” sales agent Debra Stotts told Bloomberg. After Trump World Tower opened, Sotheby’s International Realty teamed up with a Russian real estate company to make a big sales push for the property in Russia. The “tower full of oligarchs,” as Bloomberg called it, became a model for Trump’s projects going forward. All he needed to do, it seemed, was slap the Trump name on a big building, and high-dollar customers from Russia and the former Soviet republics were guaranteed to come rushing in.
New York City real estate broker Dolly Lenz told USA TODAY she sold about 65 condos in Trump World at 845 U.N. Plaza in Manhattan to Russian investors, many of whom sought personal meetings with Trump for his business expertise.
“I had contacts in Moscow looking to invest in the United States,” Lenz said. “They all wanted to meet Donald. They became very friendly.”Lots of Russian and Eastern European Friends. Investing lots of money. And not only in New York.
Miami is known as a hotspot of the ultra-wealthy looking to launder their money from overseas. Thousands of Russians have moved to Sunny Isles. Hundreds of ultra-wealthy former Soviet citizens bought Trump properties in South Florida. People with really disturbing histories investing millions and millions of dollars. Igor Zorin offers a story with all the weirdness modern Miami has to offer: Russian cash, a motorcycle club named after Russia’s powerful special forces and a condo tower branded by Donald Trump.
Thanks to its heavy Russian presence, Sunny Isles has acquired the nickname “Little Moscow.”
From an interview with a Miami based Siberian-born realtor... “Miami is a brand,” she told me as we sat on a sofa in the building’s huge foyer. “People from all over the world want property here.” Developers were only putting up luxury properties because they “know that the crisis has not affected people with money,”
Most of her clients are Russian—there are now three direct flights per week between Moscow and Miami—and increasing numbers are moving to Florida after spending a few years in London first. “It’s a money center, and it’s a lot easier to get your money there than directly to the US, because of laws and tax issues,” she said. “But after your money has been in London for a while, you can move it to other places more easily.”
In the 2000s, Trump turned to licensing deals and trademarks, collecting a fee from other companies using the Trump name. This has allowed Trump to distance himself from properties or projects that have failed or encountered legal trouble and provided a convenient workaround to help launch projects, especially in Russia and former Soviet states, which bear Trump’s name but otherwise little relation to his general business.
Enter Bayrock Group, a development company and key Trump real estate partner during the 2000s. Bayrock partnered with Trump in 2005 and invested an incredible amount of money into the Trump organization under the legal guise of licensing his name and property management. Bayrock was run by two investors:
Felix Sater, a Russian-born mobster who served a year in prison for stabbing a man in the face with a margarita glass during a bar fight, pleaded guilty to racketeering as part of a mafia-driven "pump-and-dump" stock fraud and then escaped jail time by becoming a highly valued government informant. He was an important figure at Bayrock, notably with the Trump SoHo hotel-condominium in New York City, and has said under oath that he represented Trump in Russia and subsequently billed himself as a senior Trump advisor, with an office in Trump Tower. He is a convict who became a govt cooperator for the FBI and other agencies. He grew up with Micahel Cohen --Trump's disbarred former "fixer" attorney. Cohen's family owned El Caribe, which was a mob hangout for the Russian Mafia in Brooklyn. Cohen had ties to Ukrainian oligarchs through his in-laws and his brother's in-laws. Felix Sater's father had ties to the Russian mob.
Tevfik Arif, a Kazakhstan-born former "Soviet official" who drew on bottomless sources of money from the former Soviet republic. Arif graduated from the Moscow Institute of Trade and Economics and worked as a Soviet trade and commerce official for 17 years before moving to New York and founding Bayrock. In 2002, after meeting Trump, he moved Bayrock’s offices to Trump Tower, where he and his staff of Russian émigrés set up shop on the twenty-fourth floor.
Arif was offering him a 20 to 25 percent cut on his overseas projects, he said, not to mention management fees. Trump said in the deposition that Bayrock’s Tevfik Arif “brought the people up from Moscow to meet with me,”and that he was teaming with Bayrock on other planned ventures in Moscow. The only Russians who are likely have the resources and political connections to sponsor such ambitious international deals are the corrupt oligarchs.
In 2005, Trump told The Miami Herald “The name has brought a cachet to certain areas that wouldn’t have had it,” Dezer said Trump’s name put Sunny Isles Beach on the map as a classy destination — and the Trump-branded condo units sold “10 to 20 percent higher than any of our competitors, and at a faster pace.”“We didn’t have any foreclosures or anything, despite the crisis.”
In a 2007 deposition that was part of his unsuccessful defamation lawsuit against reporter Timothy O’Brien Trump testified "that Bayrock was working their international contacts to complete Trump/Bayrock deals in Russia, Ukraine, and Poland. He testified that “Bayrock knew the investors” and that “this was going to be the Trump International Hotel and Tower in Moscow, Kiev, Istanbul, et cetera, and Warsaw, Poland.”
In 2008, Donald Trump Jr. gave the following statement to the “Bridging U.S. and Emerging Markets Real Estate” conference in Manhattan: “[I]n terms of high-end product influx into the United States, Russians make up a pretty disproportionate cross-section of a lot of our assets; say in Dubai, and certainly with our project in SoHo and anywhere in New York. We see a lot of money pouring in from Russia.”
In July 2008, Trump sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, a Russian oligarch. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property. This was the height of the recession when all other property had plummeted in value. Must be nice to have so many Russian oligarchs interested in giving you money.
In 2013, Trump went to Russia for the Miss Universe pageant “financed in part by the development company of a Russian billionaire Aras Agalarov.… a Putin ally who is sometimes called the ‘Trump of Russia’ because of his tendency to put his own name on his buildings.” He met with many oligarchs. Timeline of events. Flight records show how long he was there.
Video interview in Moscow where Trump says "...China wanted it this year. And Russia wanted it very badly." I bet they did.
Also in 2013, Federal agents busted an “ultraexclusive, high-stakes, illegal poker ring” run by Russian gangsters out of Trump Tower. They operated card games, illegal gambling websites, and a global sports book and laundered more than $100 million. A condo directly below one owned by Trump reportedly served as HQ for a “sophisticated money-laundering scheme” connected to Semion Mogilevich.
In 2014, Eric Trump told golf reporter James Dodson that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia. I said, 'Really?' And he said, 'Oh, yeah. We’ve got some guys that really, really love golf, and they’re really invested in our programmes. We just go there all the time.’”
A 2015 racketeering case against Bayrock, Sater, and Arif, and others, alleged that: “for most of its existence it [Bayrock] was substantially and covertly mob-owned and operated,” engaging “in a pattern of continuous, related crimes, including mail, wire, and bank fraud; tax evasion; money laundering; conspiracy; bribery; extortion; and embezzlement.” Although the lawsuit does not allege complicity by Trump, it claims that Bayrock exploited its joint ventures with Trump as a conduit for laundering money and evading taxes. The lawsuit cites as a “Concrete example of their crime, Trump SoHo, [which] stands 454 feet tall at Spring and Varick, where it also stands monument to spectacularly corrupt money-laundering and tax evasion.”
In 2016, the Trump Presidential Campaign was helped by Russia.
(I don't have the presidential term sourced yet. I'll post an update when I do. I'm sure you probably remember most of them...sigh. TY to the main posters here. Obviously I'm standing on your shoulders having taken a lot of the information or articles from here).
submitted by Well__Sourced to Keep_Track [link] [comments]

GME - EndGame Part 2: Cohen, Market Cap, Potential Investors

Hello again folks. This is an extension of my DD last week in which I shared some research on short positions, GME’s debt, and some speculation on institutional investing. Since that post, GME is up 75% and there’s been lots of good bullish / bearish DD on the short term.
In this post, I’m going to cover 3 topics, focusing on the mid-to-long term prospects for GME: 1) Cohen, 2) GME’s market cap potential, and 3) potential investors that could continue to pile in.
TL:DR; You need to think about GME differently. Not as a trader. Not as an investor. You need to think like a venture capitalist. This is an unprecedented opportunity, and the first time I’ve gone all-in - I’m more bullish now than when the stock was trading sub $15. If you’re in GME you need to get in with conviction otherwise you’re going to lose by selling when it drops.

Quick aside - my history and positions:

I’ve been a passive investor for many years. This is literally the first time I’ve taken an interest in becoming an active investor. I opened an RH account in August to start speculating on GME. My first post called out some cheap lottery plays that took my speculating account from $5K - $20K in 3 weeks. I’ve since posted a few times on GME, even trying to tell you to buy the post-earnings dip, and added more to my active trading accounts. I’ve taken $10K -> $130K on RH and $230K -> $480K in IBKR since slowly adding to GME since September.
UPDATE: I have deleted my positions in this post - will explain why in my next post. I'm still holding.
All that being said, thus far I’ve been thinking about GME as a trade - trying to get in at the lowest cost I could for the maximum upside on a near-term exit, but I’ve switched completely into thinking of GME is a ridiculously asymmetric investment with massive potential in the next 2-3 year timeframe - even at $35. Even at $45, $50, $60. That’s why I added roughly 2500 shares on Friday at around $36 despite adding very cautiously when GME was below $20. I’m also completely all-in on RH with options (mostly deep ITM, a few fds) - $0 buying power left.
Grab a drink, sit down. Let me tell you why I’ve gotten more aggressive, and probably why you shouldn’t worry about what price you pay right now, as long as you’re willing to believe and hold.

About Cohen (and friends)

From the recent 8K about the board changes (which you should definitely read if you’re putting serious money in):
As part of the Agreement, RC Ventures has agreed to customary standstill provisions*, which provide that from the date of the Agreement until the earlier of (a) the date that is 30 calendar days prior to the deadline for the submission of director nominations by stockholders for the Company’s* 2022 annual meeting of stockholders and (b) the date that is 120 days prior to the first anniversary of the 2021 Annual Meeting (such period, the “Standstill Period”), RC Ventures will not, among other things: (i) acquire beneficial ownership in, or aggregate economic exposure to, directly or indirectly, more than 19.9% of the Company’s outstanding common stock; (ii) make any proposal for consideration by stockholders at any annual or special meeting of stockholders of the Company; (iii) make any offer or proposal with respect to any extraordinary transactions; or (iv) seek, alone or in concert with others, the appointment, election or removal of any directors in opposition to any recommendation of the Board, in each case as further described in the Agreement. As part of the Agreement, the Company has permitted RC Ventures to acquire, whether in a single transaction or multiple transactions from time to time, additional shares of the Company’s common stock to the extent such acquisitions would result in RC Ventures having beneficial ownership of less than 20.0% of the outstanding shares, without triggering the restrictions that would otherwise be imposed under Section 203 of the Delaware General Corporation Law (the “DGCL”), and RC Ventures has agreed that upon acquiring beneficial ownership 20.0% or more of the outstanding shares of the Company’s common stock, the restrictions under Section 203 of the DGCL would apply to a potential business combination with RC Ventures as an “interested stockholder” (as defined in Section 203 of the DGCL).
This is critical: This agreement was the result of a negotiation between Cohen and the existing board.
  1. After his activist letter calling out the board and then 13D buy after the earnings dip rocketed the stock up from 12 -> 20, it was clear to everyone that RC was the reason GME’s stock was heading up. The GME board was afraid of a hostile takeover / losing their jobs. This agreement allowed Cohen and 2 others on the board as long as he didn’t attempt a hostile takeover.
  2. Cohen wants it all. In the activist letter, he publicly said “no” to just one board seat. He then publicly bought more as soon as Sherman threatened a shelf offering to dilute him below 10%.
In addition to getting added to the board, Cohen brought along 2 execs who built Chewy with him:
He’s not fucking around folks. He wants to build another Chewy, and he’s bringing the people who helped him do it the first time to do it again.
As a result of the agreement, he’s limited to buying up to 20% of shares until 2022. Why not 13%? Simple - Cohen wants the option to buy more. He’s not happy with a single board seat; he’s not going to settle for simply getting added to the board; and he’s not going to settle for 13% ownership.
Also, remember that Alan and Jim have 💲 to buy in as well. I haven't seen their holdings yet. Their time is worth more than their money and they've already decided to put their time in.

Cohen is not an exec - he’s a founder with an all-in mentality

Go read this bloomberg Cohen interview to understand his mindset.
  1. Cohen himself is an all-in person. Key quote:
    1. “When I find things I have a lot of conviction in, I go all-in*.”*
    2. Cohen is a founder that has gone through the successful creation of a startup. When you are startup founder, most of your NW is tied to equity in your company. You are trained to have skin in the game. You’re not allowed to think you have a safety net. You give up years of your life and bet everything because you have to believe in what you’re doing. Founders typically have 30-50% ownership of their company.
    3. “Cohen uses the word “conviction” a lot. He says it’s something he learned from his father, who ran a glassware importing business in Montreal where Cohen grew up. “He taught me how to block the noise from the masses,” says Cohen. “To have a point of view and have conviction and not waver.”
  2. He only sold Chewy rather taking it to IPO because of his Dad’s health. He cut his entrepreneurial career short and he’s itching to get back in.
  3. Cohen sold Chewy for $3.35B, with estimates stating he personally walked away with about $600M after taxes.
  4. Cohen has a lot of capital to buy more. After selling Chewy, he went all-in on Apple & WFC, which as of June was up 40%.
    1. “ Cohen says his portfolio, when including dividends and a few other stock holdings, has returned more than 40% over the past 3 years, beating the market.”
    2. Aapl was his largest holding, and is up another 50% since June 5 when the Bloomberg article was published.
    3. Cohen lives in FL - with no income or capital gains for individuals, unlike other founders who live in CA which taxes all cap gains as ordinary income.
    4. I’m going to estimate his net worth (minus his GME holdings) is around $800M-$1B.
  5. Cohen’s 9,001,000 (it’s over 9000! 🐲🏐) shares have thus far been purchased at something like an average of $12/share, for a total investment of around $110M.
So Cohen has put in $110M out of his $1B into GME. Does that sound like he’s all-in? Absolutely fucking not. Cohen’s going to buy up to the max he can this year (20%), likely by selling some other holdings prior to cap gains tax law changes. He can add more next year after the standstill period is done.

What will lead to Cohen’s next purchase of GME

Thus far, every RC purchase has been about sending a message.
  1. Prior to Q3 earnings, his purchases were signaling an intent to the board that he was serious about wanting to get involved. He also rubbed it in their faces that the stock price was largely appreciating because of him. From the activist letter:
    1. “We recognize that the Board may feel it is insulated from stockholder scrutiny after adding new directors this past spring and seeing a recent stock price uptick (which only came on the heels of RC Ventures filing its 13D)” (what a fucking burn).
  2. If there was any doubt about RC’s impact on the stock price, it was put to rest after Q3’s earnings, where the current leadership’s hubris and threat of diluting RC led to a drop of almost 30%. RC then bought the dip, shoved it in their faces, and the market GME again rocketing GME to 20 in a massive post-earnings recovery. Message sent again - “The market wants me. Let me the fuck in.”
  3. Now that Cohen and the Chewy folks are on the board, he’s going to angle for CEO. He’s not looking to advise GME. He wants to go all-in, to run GME. He’s holding the optionality of buying more based on the success of his attempt to take over GME through non-hostile means.
If you see Cohen buy more GME, he’s sending another message. This time it’s because it’s clear to him he’s going to be CEO and wants to max his skin in the game. If you see Cohen buy, it’s “CEO talks going well” - you fucking buy.

GME’s market cap potential

  1. Cohen sees a $200BN+ total addressable market cap for gaming by 2023. For contrast, Chewy was playing in the pet food/supplies market, which has a total addressable market (TAM) of under $50BN annually. GME’s potential is at base 4x that of Chewy. This does not even account for the pc gaming hardware market, which is another $35BN+.
  2. Chewy’s market cap is $44BN on $6BN of annual revenue.
  3. Chewy’s Q3 quarterly income was up 45% YoY. While GME’s quarterly income was down YoY, its e-commerce revenue was up 257% trouncing Chewy’s growth rate.
  4. GME’s Q4 early sales preview reported 300% E-commerce growth and annual run-rate of $5BN
In other words, even if you give GME’s physical locations no value, GME’s ecommerce business is growing 5x faster than Chewy and already has 75% of online revenue.
Summary: Chewy is priced > 7X times its annual total revenue. GME is priced at .45 its annual ecommerce revenue, despite GME having 5-6 greater TAM and growing its ecommerce business 5X as fast Chewy.
What. The. Fuck.
I’ve never seen a stock more mispriced.
People talking about $100 price targets are suffering from a fucking lack of imagination.
Even if you completely discount
  1. GME’s physical business
  2. its rev sharing partnership with MSFT
  3. its 5x faster growth and 5x TAM
and give GME the same P/S multiple that Chewy has on its ecommerce business, that puts GME currently at a fair market cap above $35BN. That means GME should be at least $500/share.
In pictures:

Comparing Ecommerce Revenue vs Market cap on Chewy vs GME today

Showing what the fair market value Market Cap of GME would be with Chewy's P/S

Fair Market Value (using comps) of GME is at least $500/share.
$35/share is a fucking steal. Who cares about the short-term dips as shorts try to weasel themselves out of their positions. The market will eventually wake up to this sleeping beast. In a year you’re not going to care if you got in at 4, 12, 20, 35, or 50. You’re going to only care if you’re in or not.

Potential Investors

An asset is only worth what someone else is willing to pay for it, right? So are the potential buyers of this growing company?
Here’s a list in decreasing order of likelihood.
  1. Elon (Least likely, completely improbable, but cataclysmic event). Elon hates shorts. Elon, with TSLA, went through the pain that GME is going through. TSLA almost went bankrupt because shorts were pushing the price down so it was difficult to raise the cash they needed to survive. Sound familiar? Elon’s wealth swings more in a day than GME is worth in entirety. Elon could buy all the fucking float of GME with what he makes in 8 hours. One call from fellow entrepreneur and aspiring twitter-meme-god would absolutely wreck the game.
    1. If you are short gamestop, you are one meme purchase by the richest man in the world away from a fucking cataclysmic event. "Hey son, I heard you like games. So I bought you gamestop. All of it." 🚀
  2. Buffett (More likely, still improbable). I’m actually amazed that while Buffett & co were lamenting that there are no interesting stocks to invest in and moving to cash, that they absolutely missed the boat on GME while it was at its lows. It’s a complete value play right up his alley (in a business he can understand). My only hypothesis here is that the market cap is too small and he could not make a meaningful investment. Once GME grows to a more respectable market cap ($10b+) I can see Buffett stepping in and making an investment.
  3. Cohen’s connections. (Highly likely if Cohen is CEO). This is the big one. And I mean absolutely nail in the coffin re-pricing of GME for the foreseeable future. Go read this Harvard Business Review piece on Cohen specifically on how Cohen puts importance on raising money and the people that backed him.
    1. Look, I’ve started a startup before in the valley (unsuccessfully unfortunately). However, you don’t start a company without making a shit-ton of venture capitalist & angel investor connections. Cohen has stated that when pitching Chewy he was rejected by over 100 investors. I can absolutely-fucking-guarantee you that every single one of them remembers their mistake and would not miss the opportunity to invest in Cohen again. And don’t forget all of the investors who DID invest with Cohen and reaped the benefits with Chewy. While venture capitalists don’t generally make investments in public equities, this is a truly unique situation. Cohen is treating this like a rebirth, a new venture bootstrapped from GME’s bones. If VCs as a firm will not invest, you can bet your ass that those individuals will throw their personal money at Cohen. However this only happens if he’s CEO. As soon as he’s CEO, a single long weekend trip to the valley might mean 100+ investor meetings with the strategic pitch.
      1. My biggest fear here is that VCs/PE band to take the company private at some small multiple (2-3x) and then reap the benefits while Cohen turns the company around only to re-list it to us 5 years down the road at 30X the valuation.
    2. Thus far, it’s been us retail retards vs the wall street shorts. HFs shorting this thing have the advantage in both tactics and capital. However, if Silicon Valley money starts pouring money into this the game is over. You cannot believe the amount of money that gets thrown into startups with 90% of it burning up into thin air. $3B market cap? That’s nothing. Folks with Silicon Valley money & risk tolerance would have no problem betting on a serial entrepreneur making something amazing out of a company that already has a customer base, revenue, distribution - all in the same business (e-commerce) the entrepreneur already proved themselves in.
  4. You, and every other retard that believes. Look, this was my point at the beginning. You need to think like a VC here. VCs are the ultimate YOLO autists making million dollar bets and not seeing a penny of it for years. They are the ultimate 💎✋🤚. You need to decide if you have conviction for the long term and then buy in. 💎✋🤚 doesn’t mean selling at $100. It doesn’t means selling at $200. It means not selling at all this year no matter the price, and at least until you learn for sure whether Cohen is the new CEO. It means believing so hard that you 20-100X your investment in 2 years when the market wakes up to the ridiculous mispricing.
    1. Remember that if Cohen is elected CEO he can (and likely will) buy more than a 20% stake in 2022.
    2. Remember Buffett’s actual quote: "The stock market is a device for transferring money from the impatient to the patient."
I’ve put every dollar I can into shares in IBKR, minus some April calls. I hold no covered calls except for some call spreads I had in RH prior to recent bump. I have April calls because I will put more cash into GME after taxes are done, and I know much cash I have to use. Calls let me cap the price I would have to pay now.
This is personal research. Do your own DD.
A wiser investor than me gave the advice of “Don’t aim to maximise profit, minimize regret.” If you’re not in GME yet, ask yourself how you would truly feel if what everyone here is saying panned out to be true, and you weren’t participating.
Oh, and of course: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Update 1: I'm still holding today, but I realized I made a pretty big mistake on the ecommerce revenue analysis. GME's 2019 e-commerce revenue was 1.35B (not 1.35B for the quarter), so divide my price target by 4 - $125/share or $8B market cap.
submitted by FatAspirations to wallstreetbets [link] [comments]

Trump under criminal investigation in Georgia

Welcome to… a series I don’t have a name for. Tracking Trump? Trump Watch? Do titles really matter?
Housekeeping:

Investigations

Manhattan Supreme Court Judge Arthur Engoron again ruled against the Trump Organization, ordering the company to turn over more documents to New York Attorney General Letitia James. In December, Judge Engoron required the Trump Org to produce records it had tried to argue were shielded by attorney-client privilege. The judge went further this time, ordering that the company’s communications with a law firm also had to be given to AG James.
Some communications that had been marked as privileged, he wrote, were “addressing business tasks and decisions, not exchanges soliciting or rendering legal advice.” He also said that communications related to public relations were not of a legal nature and that privilege was waived in some circumstances where third parties were involved in the discussions.
James’ office is conducting a civil investigation into whether Trump inflated his assets in financial statements to obtain bank loans and understated them elsewhere to reduce his tax bill. While the probe is wide-ranging, the rulings from Engoron focus on Trump’s Seven Springs property in Westchester County, New York. Manhattan District Attorney Cyrus Vance is also looking into the property as part of his criminal investigation of the Trump Organization.
Now that he is no longer in office, the IRS is expected to advance its review of a $72.9 million tax refund Trump claimed and received in 2010. The tax agency has not given any indication of how it may rule and it’s possible the public may never learn of the outcome either way. If the IRS determines the refund was not issued appropriately, Trump could be required to pay it back with interest - a more than $100 million debt at a time when his biggest properties are “suffering severe revenue losses”.
  • Note that the commissioner of the IRS is still Charles Rettig, appointed by Trump in 2018. His term is slated to end in November 2022. Rettig has numerous conflicts of interests, including a 50% share of two units in a Trump building that has earned him $100,000-200,000 a year since 2006.
House Ways and Means Committee Chairman Richard Neal (D-MA) told the Washington Post that he will continue to seek Trump’s tax returns. Ultimately, Treasury Secretary Janet Yellen can unilaterally surrender Trump’s tax returns to the committee. There is a court case still open on the matter, but the judge is waiting on the Biden administration to take a position before moving forward. In other words, the Biden administration can decide to no longer fight the committee’s request.
  • Trump-appointed judge Trevor McFadden ordered the new administration to give the former president’s attorneys 72 hours’ notice if it decides to give Trump’s tax returns to Neal’s committee. The Treasury and DOJ have until March 3 to submit a status report to the court; lacking a Senate-confirmed Attorney General may lead to another month-long delay in proceedings.
Prosecutors in Fulton County, Georgia, have opened a criminal investigation into Trump’s attempts to overturn the state’s election results. On Wednesday, numerous officials in state government - including Secretary of State Brad Raffensperger - received requests to preserve documents related to “an investigation into attempts to influence” the election.
Of particular note in Ms. Willis’s letter was the wider scope of the investigation. Potential violations of state law include “the solicitation of election fraud, the making of false statements to state and local governmental bodies, conspiracy, racketeering, violation of oath of office and any involvement in violence or threats related to the election’s administration,” the letter states.
While the probe reportedly focuses on Trump’s Jan. 2 call to Raffensperger pressuring him to “find” enough votes to reverse Biden’s win, unnamed officials told the New York Times that Trump’s calls to Governor Brian Kemp, AG Chris Carr, and state election officials, as well.

Money and properties

Before leaving office, former President Trump issued a directive allowing his four adult children and two of their spouses to receive Secret Service protection for six additional months, at no cost. Normally, only the president, wife, and their minor children are entitled to the security. In addition to Trump’s adult children, he ordered Secret Service protection for three former officials: Treasury secretary Steve Mnuchin, chief of staff Mark Meadows, and national security advisor Robert O’Brien.
The perk for the Trump family is expected to cost taxpayers millions of dollars and further stress the elite federal security force, which in the past four years had to staff the largest number ever of full-time security details — up to 42 at one point...
An analysis by watchdog group CREW found that the Trump family took twelve times as many trips with Secret Service protection than the Obamas did: “On average, Obama’s family took 133.3 protected trips per year, while the Trump family has taken an average of 1,625 annually.” Many of the trips taken by Trump’s adult children were to benefit their private business, costing taxpayers tens of millions of dollars in the process.
In February 2017, Eric and Don Jr. flew to Dubai to open a Trump-branded golf club, which cost the Secret Service more than $200,000. The same month, Eric flew to the Dominican Republic to potentially relaunch a failed Trump-branded resort project, which cost $20,000. Eric Trump has visited Uruguay twice for Trump Organization business, costing taxpayers $97,830 in 2017, and $80,786 in 2019. And those are just the receipts we have obtained so far.
After losing the election, Trump managed to shift over $400,000 of donor funds into his private business. The majority - $331,000 - came from his campaign’s joint committee with the RNC. The remainder was donations directly to Trump’s reelection campaign. In total, the joint committee spent $4.3 million with the Trump Organization; his reelection campaign spent $2.8 million.
Two days after the election, on November 5, the joint-fundraising committee paid $11,000 to Trump’s hotel empire. A week later—after the Associated Press, Fox News and other major media outlets had already called the race for Joe Biden—the same committee put another $294,000 into Trump’s hotel business to rent space, order catering and pay for lodging.
Room rates at Trump’s D.C. hotel have more than doubled around March 4 due to a Qanon conspiracy. According to the baseless theory, Trump will be sworn in for a second presidential term on March 4, the day presidents took office prior to 1933. It gets crazier than that, but the main takeaway is that the Trump Organization wants to profit from the Qanon movement by changing the room rates from $476 a night to $1,331 a night on March 3 and 4.
Trump seems likely to reside at his private Mar-a-Lago club despite challenges issued by neighbors after an attorney for Palm Beach sided with the former president. In his 1993 agreement with the town, Trump agreed to change the property from a residence to a private club, barring him from making it a full-time residence. However, Palm Beach attorney John “Skip” Rudolph accepted Trump’s assertion that he’s an employee of Mar-a-Lago who just happens to also live there, which is not prohibited in the town’s zoning laws. Rudolph recommended the town council allow Trump to live at his club; no decision has yet been reached.
Marion, Trump’s attorney, has tried to counter suspicions that Trump is not actually a bona fide employee of the club by telling the council that the former president now walks around the grounds acting as if he’s “the mayor of Mar-a-Lago.” He also showed the council a list of Trump’s jobs at the club, including the sort of greeter job that senior citizens take at big-box stores: “welcomes/thanks those attending” events.
Scotland’s Parliament declined to open an investigation into how Trump obtained his golf courses in the country, saying it was a matter best left to law enforcement. Some Scottish lawmakers have been calling for the government to issue an “unexplained wealth order” to probe whether any financial crimes were committed in the course of purchasing or operating his business. In the 16 years since Trump first incorporated in Scotland, none of his companies have made a profit. In fact, they’ve run up losses of $75 million and owe around $216.5 million to U.S. companies and trusts in Trump’s name.
...[Scottish Greens co-leader Patrick] Harvie said the purchase of Menie and the Turnberry golf resort were part of Mr Trump's "huge cash spending spree in the midst of a global financial crisis".
Mr Harvie said that the House of Representatives had heard testimony which stated: "We saw patterns of buying and selling that we thought were suggestive of money laundering" - with particular concern expressed about Mr Trump's golf courses in Scotland and Ireland.
Illinois Judge Sophia Hall ruled that Trump’s Chicago hotel is liable for violating environmental laws by using Chicago River water without a permit. The state attorneys general office brought the case against Trump’s hotel in 2018, stating the property uses more than 19 million gallons of river water a day to cool its air-conditioning systems. Judge Hall has not yet set a penalty, but the AG is asking for the maximum $50,000 each for two violations, plus an extra $10,000 for every day of the 3 years the violations persisted.
Jared Kushner and Ivanka Trump’s final financial disclosure reports reveal that between January 1, 2020, and January 20, 2021, the couple earned between $23 million and $120.6 million in combined outside income. $1.4 million of the total originated from Ivanka’s involvement with Donald Trump’s D.C. hotel. Furthermore, despite agreeing to divest his $25-50 million stake in Cadre, Kushner never followed through.

Miscellaneous

Far-right platform Parler was in negotiations with the Trump Organization to give Trump, then the president, an ownership stake in exchange for his membership. According to Buzzfeed News, former Trump campaign manager brought the idea to Trump last year as a way to counter Twitter and Facebook. Parler reportedly offered the president a 40% stake if Trump began posting exclusively on their app.
Four sources told BuzzFeed News that Parscale and Trump campaign lawyer Alex Cannon met with Parler CEO John Matze and shareholders Dan Bongino and Jeffrey Wernick at Trump’s Florida club Mar-a-Lago in June 2020 to discuss the idea. But the White House counsel’s office soon put a stop to the talks, one person with knowledge of the discussions said, ruling that such a deal while Trump was president would violate ethics rules.
...Discussions were revived in the weeks following the election, according to two people involved, but the deal fell apart after the Capitol invasion. Following that event, Apple and Google removed Parler from their app stores, and Amazon kicked the company off its cloud hosting service, forcing the site offline.
Trump resigned from the Screen Actors Guild (SAG) last week with an irate letter after the group voted to hold a union disciplinary hearing over his role in the insurrection. SAG accused Trump of inciting the attack on the Capitol and “sustaining a reckless campaign of misinformation aimed at discrediting and ultimately threatening the safety of journalists,” ultimately seeking his expulsion from the union.
Trump’s letter (pdf) to SAG President Gabrielle Carteris opens with: “I write to you today regarding the so-called Disciplinary Committee hearing aimed at revoking my union membership. Who cares!” He then says he is “very proud” of his work on movies “such as Home Alone 2, Zoolander and Wall Street: Money Never Sleeps…” After declaring “[y]our organization has done little for its members, and nothing for me,” Trump resigns from the union.
submitted by rusticgorilla to Keep_Track [link] [comments]

Low Float $QMCI (0.19$) unnoticed 💎 MICROSOFT, BlackBerry and more!

QuoteMedia Inc. provides financial data, news feeds, market research information and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals and public corporations.
Partners
In 2020 they kept upgrading their software:
In december 2020 they got two contracts with Comtex and Stockmarket.com
In Q3 Earnings raport:
The company has undertaken major growth initiatives in 2020 investing in technological and infrastructure advancement, new product development, data collection and aggregation initiatives, and the expansion of our global market coverage. We have also invested in new marketing campaigns and increased staffing. These strategic investments are already producing results. Based on clients currently under contract, including new contracts signed subsequent to September 30, 2020, we expect double digit revenue growth and increasing profitability in the upcoming quarters.
Stock structure
Overall I'm very bullish on this company long and short term. In my opinion - it's really undervalued company.
I expect Q4 ER raport to be released really soon which will cause huge boost for the stock.
EDIT: fixed 1 link and typo
EDIT2: ok I didn't expect it to go 0.3$ after 15 minutes wtf
submitted by GrizzleeM8 to pennystocks [link] [comments]

Repost: List of BG's, Influencers and Companies who may have shown support for Trump

I am reposting as a lot of people in the previous post made a great point of a few of the people on the list that should not be there, so I have removed them.

  1. Amanda Ensing and her boyfriend* (very pro trump, just look at her twitter)
  2. Brianna Lynch. - so far can't see anything on the IG so she may be removed, but from the old deleted thread she would post a lot of "uneducated posts about socialism".
  3. CHI Haircare Founder is a long time friend of DT link
  4. Christen Dominque has openly supported Amanda Ensing but only recently cut ties (however in the video she does not actually say her name)
  5. Coffee Break With Dani Thread where a commenter stated: "She recently stated that she votes for her wallet instead of emotions"
  6. Kristen Leanne (has not outright said it but has liked all of AE’s trump pics, most notably her Trumpjamas pic) Said the n word, Toxic Workplace, also is suspected of animal abuse (reddit admin removed that thread).
  7. Erica's Girly World (believes in voter fraud) (if you look at her IG she says there was no major damage to the capitol and says the left is bringing racial tensions into the riots which "is not what it is about", says the left has made it about "Race, again", mentions voter fraud in the story)
  8. HRHCOLLECTION is a smaller "guru" who has a costume jewellery brand and HEAVILY supports Trump, is anti-mask etc and makes no excuses about it. She's also homophobic, racist etc (there is literal proof of her saying the F-slur, R-word, etc). wiki talking about scandal, digging for video
  9. Kalani Hilliker endorsed Trump
  10. Kendall Vertes endorsed Trump
  11. Kiki Chanel (unconfirmed, but did like Ann Coulter’s tweets) -Most I could find was this thread with further discussion but no pics
  12. Lauren Benet
  13. Lemonhead
  14. Lily ghalichi from lily lashes (likedIvanka Trumps pic but there may be more)
  15. NUDESTIX posted a picture of themselves in Magahats in front of a Trump hotel, eta: they have routinely addressed this
  16. Owner of Estee Lauder companies donated to Trump and the RNC (Ronald Lauder, but his wife Jo Carole has donated to Biden and the DNC).
  17. Ofra Cosmetics (claims their twitter account was hacked)
  18. Ronald Perelman who owns Revlon and Flesh Beauty (donated $125k to the trump campaign)
  19. Scott Barnes (old thread where Jackie Aina explains why she doesn't support him)
  20. Tiffany Lynette Davis (also anti vax and covid denier, her facebook is full of this but not her IG pages where she tags Huda Beauty and other big brands)
  21. Zabrena (God has a plan for Trump, apparently)
  22. Alexandrametalclown
  23. Madison Miller - liked Candace Owens tweets about covid and businesses staying open during quarantine, Bill O'Reilly tweets about voter fraud, censorship. Pics
please note: I am providing proof of these people as I go, and will remove people on here if necessary! Again, I was just going off the people named in the old deleted thread, apologies for jumping to conclusions on some of them! I removed Casey Holmes, Carli Bybel because it was their partners who may be trump supporters and we're focusing on beauty gurus who have shown support and influencers and beauty companies. I also removed Leighannsays and Rachloves.
eta: More removed due to lack of proof: Alex Cooper, BiohazardousBeauty (although her husband supports and posts some questionable stuff on Twitter), Jaclyn Hill (registered Republican but has never said outright that she voted/supports Trump), Kristin & Marcus Johns (in the old deleted thread a user said that if you asked them about BLM they would block you, however another user here said that they have shown support for BLM).
-------
Original Post Parent comment:
In a more recent thread a user asked if there could be a list of people who have shown support for Trump.
https://www.reddit.com/BeautyGuruChattecomments/ksncnchristen_dominique_cuts_ties_with_amanda_ensing/giii1w?context=3
I went back and had to dig for the post I was thinking of, "Influencers who are Trump supporters/sympathizers?" that was deleted by OP:
https://www.reddit.com/BeautyGuruChattecomments/joalys/influencers_who_are_trump_supporterssympathizers/
I made this list just from reading the thread and writing everyone's name down. Please keep in mind that not everyone gave proof, so if proof could be provided, please put that here, as well as adding anymore names to the list.
submitted by Sendsomechips to BeautyGuruChatter [link] [comments]

Minerco, Inc. ($MINE) full in-depth DD

Hi all,
Last week I brought you my DD for Greene Concepts, Inc. ($INKW), which shot up +122% the day after I posted. Since then, it has experienced a healthy pullback only to ramp up again to close today around +104% (I hope those of you who decided to invest have been profitable). Just yesterday they announced completion of a $2.875 million funding transaction that will allow the company to continue expansion efforts and the continued expedited growth of the Be Water™ brand. So, great news!
Anyway, moving onto MINERCO, Inc. (The Magic Mushroom Company)
(NOTE: As always, I encourage you to do your own reading as well and stick with current facts. Do not be misled one way or the other, whether bearish or bullish; simply do your own DD and decide for yourself what you would like to invest in. Additionally, don’t ever invest more than you can afford
Additionally, I tried posting this last night but it got auto-removed. Since then, we've seen a jump this morning with healthy pullback as suspected)
Minerco, Inc.
Ticker: $MINE
Sector(s): **Healthcare (**and Consumer Defensive)
Industry: Drug Manufacturers—Specialty & Generic
Location: May Pen, Clarendon, Jamaica
CEO: Julius Jenge
President: Paul Hoonjan (CEO of Lazurus Hollistic, a 3 year old cannabis company based out of Runaway Bay in Jamaica)
Website: https://www.minercoinc.com/
Current Price (Closing 2021-02-09): $0.0158 / share +0.0106 (203.85%) ⬆

About the Company

From their website:
Minerco, Inc. (OTC: MINE), is the world’s first publicly traded company specializing in growing, research, production and distribution of psilocybin mushrooms and marketing worldwide*. In addition,* Minerco seeks to acquire and invest in CBD operating companies’ extraction, edibles, topical, white label products etc.
In addition to dealing with psychedelics and cannabis…
Though cannabis and psilocybin are legal in some areas, and decriminalized in others, they are still classified as Schedule 1’s federally (USA). This presents a challenge for individuals and merchants accepting debit and credit cards at point of sales. MINE is developing a platform to integrate blockchain with your debit card*. MINE established our own token “SHRU” which is currently on seven blockchain exchanges and are expanding to twelve by the end of the first quarter of 2021.”*

About the Industry

There are 3 markets at play here: 1) Psychedelics, 2) Cannabis, and 3) Fintech (CRYP.TO). These are three of the HOTTEST markets right now (aside from Biotech which has been absolutely booming within the last 3-6 months). Here’s some market research info about each of these areas:
PSYCHEDELICS
According to a report from Data Bridge Market Research, cited in the link below, the psychedelics drug market:
· “…is growing with a CAGR (Compound Annual Growth Rate) of 16.3% in the forecast period of 2020 to 2027 and expected to reach USD 6,859.95 million by 2027*, from USD 2,077.90 million in 2019."*
· “… psychedelic drugs are used to enhance or change sensory perceptions, energy levels, thought processes, and to facilitate spiritual experiences…These drugs are used in the treatment of major depressive disorder, treatment-resistant depression, panic disorder, post-traumatic stress disorder, and opiate addiction among others.”
· “Psychedelic drugs market has increased with increased number of psychedelic drugs as compared to the past few years and increasing prevalence of depression and mental disorders in the U.S*”*
· “Growing acceptance of psychedelic drugs for treating depression is also increasing market value as the psychedelic drugs has repetitively proven its high rates of effectiveness for treatment for nicotine dependence, alcohol dependence, anxiety associated terminal illness and chronic PTSD as compared to other antidepressants”
Source:
https://www.prnewswire.com/news-releases/psychedelic-drugs-market-projected-to-reach-6-859-95-million-by-2027--301069861.html

CANNABIS
According to a report from Grand View Research:
· “The global legal marijuana market is valued at USD 17.7 billion in 2019 and is expected to expand at a significant CAGR of 18.1% over the forecast period (2020-2027)”
· “The rise in the legalization of marijuana in various countries is one of the key factors driving market growth
· “Medical marijuana is used for the treatment of chronic conditions, such as cancer, arthritis, and neurological conditions, such as anxiety, depression, epilepsy, and Parkinson’s, and Alzheimer’s disease*. Such a wide scope of application is anticipated to bode well for the product demand.*”
· “The legal marijuana business is creating jobs and opportunities with around 9,397 licenses in the U.S., including cultivators, manufacturers, dispensaries, and deliverers and labs. Owing to these factors, the legalization of cannabis has led to an increase in its demand in these countries and eventually eroding the black market.
· “Through the legalization of recreational cannabis, governments are trying to eradicate the black market and focusing on gaining a substantial amount of tax revenues levied on the sale of these products
· “As the number of countries legalizing medical cannabis and its applications is increasing, the market is expected to witness robust growth in the forthcoming years*.”*
Source:

https://www.grandviewresearch.com/industry-analysis/legal-marijuana-market
CRYP.TO
According to Fortune Business Insights:
· “In 2019, the global market was USD 754.0 Mn, and it is anticipated to reach USD 1,758.0 Mn by 2027*, reflecting a* CAGR of 11.2% during the forecast period from 2020 to 2027.”
· “The popularity of virtual or digital currency such as Bitcoins, Litecoins, Ethers, and many more are expected to drive the market in the forthcoming years.
· “Financial disaster is a major issue occurring in traditional banking and the financial sector. Financial uncertainty disturbs the economy by dropping the value of the currency. With Bitcoins or other cryp.tocurrencies, there is no major effect of the financial crisis on it as its value is balanced universally. Cryp.tocurrencies are better options in financial uncertainty for the regions with unstable economical structure, which is becoming a major market driving factor for the market.
Source:
https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149
Most of us are aware of why and how big these markets are, but it is worth mentioning with relation to Minerco’s strategy here.

Financials

Based on what I could find, they are in the development phase and will begin production this year. In terms of profitability, it naturally follows that they are not at breakeven yet. The business model is mainly B2B (and some C) with an exit strategy being that “a major market-player demonstrates strong interest in buying the company”. In my opinion, this would most likely be exercised once they have generated revenue and proven to be profitable for several quarters / years.
Minerco, Inc. ($MINE) had hired EQUIDAM SOFTWARE last month to create a business valuation. This information comes from a press release plus the generated valuation document. EQUIDAM can either be used by an individual to generate the financial projections, or you can tap into their dedicated team of financial analysts (who have to be HIRED). Based on the verbiage they used stating that they “hired” EQUIDAM, I assume the information is vetted to a certain extent. I can only have faith here and take their word for it.
Using EQUIDAM, they created a “business valuation using 3 methods: IPEV (International Private Equity Valuation), DCF (Discounted Cash Flow) with LTG (Long Term Growth) and DCF with multiples model including the TV (Terminal Value) method. Minerco's Valuation report list IPEV at $297M, LTG AT $193M and DCF TV AT $1B”. Yes, 1 BILLION.
Now, I’m not sure how I feel about HOW such a generous pre-money valuation was calculated…oh well I’ll assume it’s correct. Either way it hasn't affected my sentiment toward investing.
If we looked at the current number of outstanding shares (13.04 billion) and multiplied by the current share price ($0.0158) we get a market cap of $206 million, so there’s still some room to grow per this valuation. Moving on.

Projections of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):
01/2021 – 12/2021
$11,480,000
01/2022 – 12/2022
$62,168,000
01/2023 – 12/2023
$175,900,000

Sources:
https://www.minercoinc.com/wp-content/uploads/2021/01/MINERCO-INC.-THE-MAGIC-MUSHROOM-COMPANY.pdf
https://www.newsfilecorp.com/release/72287/Minerco-Inc.-the-Magic-Mushroom-Company-Receives-1B-Valuation-PreMoney-Business-Valuation-from-EQUIDAM
https://www.otcmarkets.com/stock/MINE/security

Pre-December 2019 (Old Company(s))

These may have been the old versions of Minerco that many of the investment and Reddit OGs remember. Different company(s). The one(s) that many remember as a P&D. This was a beverage company that operated via the same ticker $MINE, but is distinct and SEPARATE FROM TODAY’S Minerco, Inc. We all know that Tickers can change ownership so that’s fine. Here’s the old company’s blurb:
Minerco Resources, Inc., through its subsidiary Athena Brands, Inc. (Athena), is engaged in beverage business. Athena is a specialty beverage company, which develops, produces, markets and distributes a diversified portfolio of good-for-you consumer brands. Its brands include VitaminFIZZ, Vitamin Creamer, COFFEE BOOST and The Herbal Collection. Athena also owns a majority interest in Avanzar, a sales and distribution company located in Brea, California
Athena Brands seems to be inactive according to its FB: https://www.facebook.com/AthenaBrandsInc/
The CEO and Chairman of both Minerco Resources (again, the old company) is/was V. Scott Vanis and at one point Milton Murcia (no info on him). Scott Vanis has an inactive LinkedIn profile (you’re free to look it up), which hasn’t been updated in ages (hence the dates not changing), just like the old Organization page on LinkedIn:
https://www.linkedin.com/company/minerco-resources-inc./
Notice this was categorized as an Oil & Energy company. Who knows how many times this ticker ($MINE) has changed hands and was used by different companies.
Either way, based on this information and recent activity it is apparent that the new Minerco, Inc. aka TODAY’s company (2020-Present) is a distinct entity operating under the same ticker. Not only is the industry and targeted market different, the CEO and President are different people.

Accomplishments in 2019-2020

From 2019-2020 alone, the following has happened with Minerco, Inc. ($MINE):
  1. December 2019: Company has been acquired by a specialized investment firm, and entered into the psilocybin "Magic Mushrooms" market. The $MINE Ticker is backronym’d to fit the new direction of operations
(Mushrooms InterNational Enterprises, or MINE).
https://finance.yahoo.com/news/investment-firm-acquires-minerco-announces-144000669.html

2) January 17, 2020: Completed acquisition of 12-acre parcel of land in Jamaica for relocation and production facility. This will be where they will create and build the largest psilocybin operation in North America, and are expecting it to produce upwards of 10,000 kilos annually for export to licensed countries/states. Jamaica “…does not have any laws labeling magic mushrooms as illicit drugs. In fact, Jamaica is at the forefront in furthering research into the healing powers of magic mushrooms and how they can be safely applied towards medicinal purposes. This, following the launch of the world's first magic mushroom research center, located at the University of the West Indies in Mona, Jamaica.
(Trivia: did you know Jamaica and Brazil are the only 2 countries where Psilocybin is fully legal? They are able to freely export easily without going over US airspace)
https://finance.yahoo.com/news/minerco-inc-build-largest-magic-130000749.html

3) October 22, 2020: Announcement that they have developed a Shroom Blockchain token (SHRU, on the ETH platform) for Shroom investment, and to raise additional capital for their Jamaica project. As mentioned earlier, the strategy here was to circumvent the fact that psychedelics are still classified as Schedule 1’s federally (USA), by creating an alternate avenue for sales. This will allow dispensaries to accept Debit Card purchases for psilocybin (and cannabis) even though it is federally illegal.
https://www.nasdaq.com/press-release/minerco-inc.-the-magic-mushroom-creates-blockchain-token-shru-for-shroom-investment

4) December 14, 2020: Minerco’s SHRU token gets approval to launch on 7 Blockchain exchanges: Bitcratic, ForkDelta, EtherDelta, Bamboolay, SwitchDex, SaturnDex, and McAfee.
https://www.nasdaq.com/press-release/minerco-inc.-the-magic-mushroom-company-token-shru-gets-approval-on-7-blockchain

5) December 17, 2020: Cleaned up $MINE financials (ongoing, due to previous owners) and OTC listing. Retained SEC registered Crowd Fund platform for capital raise. “Upon raising funds, MINE has 4 key strategies targeted with funds.
a) Acquire and Retire Toxic Debt to create a stronger and stable balance sheet*.*
b) Acquire equipment needed to produce 1m psilocybin tablets daily to be sold to wholesale purchasers in Oregon, Vermont, domestically and Jamaica, Amsterdam, Canada globally.
c) Establish cash collateral reserves for MINE'S blockchain gateway and token SHRU*. This cash collateral will spring board SHRU token onto the top Exchanges worldwide.*
d) Acquire and renovate properties for Production and lease in Oregon, Vermont, Jamaica*.”*
https://finance.yahoo.com/news/minerco-magic-mushroom-launch-5m-103000065.html

6) December 20, 2020: Minerco, Inc. and Anything Technologies Media host the world’s first “Shroom Zoom” (meet and greet with company + viewing and discussion of CNN’s “Psychedelic Healing” special)
https://www.bloomberg.com/press-releases/2020-12-18/minerco-inc-and-anything-technologies-media-host-the-world-s-first-shroom-zoom-cnn-viewing

7) December 21, 2020: Minerco, Inc. the Magic Mushroom Company Gains Acceptance in Psychedelic Invest Index made up of 20 companies listed (Nasdaq, AQL, CNX, and OTC are exchanges representing the collectives in the industry)
https://finance.yahoo.com/news/minerco-inc-magic-mushroom-company-221200790.html
https://psychedelicinvest.com/index/

8) December 28, 2020 (originally reported): EQUIDAM Software hired for Pre-Money Business Valuation
https://ca.finance.yahoo.com/news/minerco-inc-magic-mushroom-company-130600738.html
https://www.minercoinc.com/wp-content/uploads/2021/01/MINERCO-INC.-THE-MAGIC-MUSHROOM-COMPANY.pdf

News in 2021

After a relatively busy 2020 with planning and implementing a strategy in the middle of a global pandemic, Minerco’s news streak continues in 2021 as follows:
  1. January 4, 2021: Minerco, Inc. signs a joint venture letter of intent (LOI) with Jamaican Firm Lazurus Holistic (CEO Paul Hoonjan) to grow, process, and extract psilocybin and cannabis for export to Canada and Europe
https://www.nasdaq.com/press-release/minerco-inc-the-magic-mushroom-company-signs-loi-with-jamaican-firm-lazurus-holistic

2) January 11, 2021: Paul Hoonjan (CEO of Lazurus Holistic) is appointed as the President of Minerco, Inc. ($MINE)
Hoonjan brings extensive experience, notably in the development and management of strategic opportunities, corporate alliances and bringing therapeutic products to market.
For almost 6 years, Hoonjan has overseen Cannabis and Mushroom development in Runaway Bay, Jamaica managing international client base. Hoonjan's expertise in shipping, contracting, negotiating, labor development, and building supply lines will reinforce Minerco's leadership in the emerging market.”
https://ca.finance.yahoo.com/news/minerco-inc-magic-mushroom-company-133000763.html

3) January 24, 2021: Minerco, Inc. hosts Sankofa Shareholder and Vision Summit.
https://finance.yahoo.com/news/minerco-inc-magic-mushroom-company-043100032.html

Upcoming company plans for 2021

These plans are as stated by Paul Hoonjan himself during the January 24th 2021 Shareholder summit, which he is confident will be met:
  1. Start February 2021: Begin Capital Raise of $5M
  2. Start February 2021: Pilot Production of psilocybin and cannabis once they finalize partnership between Minerco, Inc. and Lazurus (in February 2021) in the form of a SPV or SPAC
  3. Complete by April 2021: Payment Gateway available for SHRU on Apple and Android
  4. Complete by May 2021: Finish Capital Raise of $5M
  5. Complete by July 2021: Jamaica Expansion / US Office. Also will begin producing their microdose tablets (microdots) during this month, from the raw products produced from February 2021. Paul is cited as saying that they can produce 4,480 microdots for every pound of mushroom. This amounts to an approximate $21,000 of revenue per pound of mushroom
  6. Start August 2021: GENERATE REVENUE

Source (I recommend starting at 57:15 for Paul’s segment, and if you wish to skip over what some consider the “airy-fairy” side of being into psychedelics i.e. meditation, visions boards etc.):
https://www.pscp.tv/w/1vOxwERPzAgGB

External Catalysts

Pretty much any positive news (or research) pertaining to legalization of cannabis and/or psychedelics, along with increased positive sentiment towards cryp.tocurrencies (this covers the 3 markets Minerco, Inc. is operating within).
For example …
https://www.forbes.com/sites/chrisroberts/2021/01/15/exclusive-legal-mushrooms-on-the-east-coast-florida-lawmaker-introducing-psilocybin-legalization/?sh=36345efc6191

My Thoughts

Minerco, Inc. is venturing into an industry that has a few small key players (think NUMI, TRIP, MMED etc). With respect to psychedelics specifically, the “Shroom Boom” has just gotten started after an exciting 2H 2020. I am optimistic of their growth in this area based on their location (strategically placed in a legalized Jamaica), and impressed by the idea of leveraging cryp.to to circumvent any purchase barriers that some businesses or customers could have in their country.
Whoever is taking care of their PR and timing the releases, has been doing an excellent job. Everything has been timed so well to keep bumping the stock up, which has increased over 900% in the last 1.5 weeks alone (though it was somewhat steadily hovering between 0.0015-0.002 for some time). I’m expecting a healthy pullback soon (no guarantee), which I would plan on holding through anyway. As far as I am concerned, this is the ground floor for this company and as long as they keep up the steady growth, they have the potential to be a pretty decent contender in the market. Note that I am not considering fundamentals since they are pre-money. What I’ve observed in my time investing, is that the market has become so detached from fundamentals that big institutions themselves are coming around to “market sentiment” being a bigger factor than fundamentals alone (think TESLA crushing valuations and absolutely MOONING above all expectations through 2020). Of course this applies to some securities more than others.
My feeling is that Paul Hoonjan comes across as a competent President that can steer this company in the right direction. What I love most, as “airy” as they can be in the first 20-30 minutes, are the opportunities to join Zoom calls with the company. That is face-time with shareholders that many companies don’t bother to have. For me, that is valuable since I want to know who I am dealing with. When we invest, we either invest in the product, the people, or both. Paul seems very confident that they can meet all their goals this year, and as a shareholder that brings me relief and a sense of excitement for what is outlined and on the horizon for 2021 (and beyond). I am not only investing in my conviction that psychedelics, cannabis, and cryp.to will continue to grow, but also in the Minerco, Inc. team.

Two things I’d like to address before I wrap this up. There was one Reddit user in particular that was on a rampage to tear this company and call it a scam on a recent post, without any evidence. I could’ve sworn I saw this user post 10 times in the same thread. There wasn’t any evidence to point to their claims, other than perhaps the practices of the OLD COMPANY BEFORE ACQUISITION. It also didn’t help that they were very upset about investing $10…
Earlier today, I had a back and forth with another Reddit user who was also making accusations against the company. In my post I posted a screenshot of the shareholder call slides, which lead to them accusing me of misleading others. How can I mislead someone by literally reposting news? This user stated that Minerco, Inc. lied about partnering with Mydecine in a press release, and proceeded to call them a scam company. I scoured for references online and realized that they were most likely referring to the following article related to the partnership between Minerco, Inc. and Lazurus (which is very real and verified by the presence of Paul Hoonjan):
https://finance.yahoo.com/news/minerco-inc-magic-mushroom-company-120600586.html
In it, Mydecine is cited once in PASSING “Lazurus Holisitic, an expert in mycelium, recently completed their first export of Psilocybin mushrooms to Mydecine Innovations Group Inc. in Canada”. To me, it is easy to understand that they are not alluding to any partnership or transaction between Mydecine and Minerco, Inc.
(said user realized their mistake in mis-reading, and deleted their earlier comments to me)

All of that to say, please consider being responsible with the information you put out there. Everything I’ve outlined above (aside from my thoughts) is public information and available online. I’ve simply compiled it so it’s easier to digest; should you go looking for it online, it is easily accessible to you. Ultimately, you decide what you want to do with the information. However I ask that for any stock, you don’t make accusations or assertions (positive or negative) that are not backed by facts. It’s just as bad to fan euphoria with no facts aside from posting “OMG THIS IS HITTING $1 TOMORROW BETTER BUY NOW STUPID BEARS!” on a forum. You not only hurt the company in the process, but you also hurt fellow shareholders.

Of course, this is not financial advice and I am no professional. Ultimately, it is up to you what you would like to invest in. Always invest responsibly and if you decide to do so, ensure that you aren’t taking on greater debt. Always make your own informed decisions. Hopefully this DD has at least provided you with some clarity and a wealth of information regarding Minerco, Inc. ($MINE)
GLTA; I wish that your families are well in this time and your (net) trades forever remain profitable.

My current position 1,000,000 shares @ $0.002. For me, this is a BUY AND HOLD
submitted by beardedkingface to pennystocks [link] [comments]

This week trend #cannabis

With the senate being fully democratic, and the majority of the people are in favor for legalization, cannabis is now on the agenda. On monday the democrats introduced the bill that would federally decriminalize it.
https://www.forbes.com/sites/chrisroberts/2021/02/01/top-senate-democrats-well-legalize-marijuana/?sh=1204cd8215eb
But toast, there are so many cannabis stocks, how could i even know which one to go for? Fear not! Here’s the list of prospects for you:
SNDL - SNDL had two offerings the last week, so offerings are off the table, theres talk of the money to be used for acquisitions. SNDL today looks safe for a buy inn over 1$ since they’re on the third day of the ten day compliance. The chart doesnt lie, sndl is in a upward trend. Sndl has a growth rating of C, but if it beats 1.5 ( short limit) it may aswell fly to 2.2. Im bullish but the float isnt that attractive.
HEXO - Hexo is attractive,hexo have solved the overproduction problem.They recently joined hands with Coors to make cannabis sodas( Overproduce is a problem today, since we dont have legalization, there’s more produce then consumers.) With producing sodas, they avoid losing overproduce, like tortilla chips for corn producers. They currently have more cash on hand then debt. Super bullish! growth rating of A+.
ACB - a bit to expensive for my taste, this being pennystocks and all. Acb has the momentum this week, they are cutting expenses and looks to be on the right path. A little debt, so an offering might shoot this down. Growth rate of B-.
CRBP - our first pharmaceutical company on the list. This Massachusetts-based phase 3 clinical-stage pharmaceutical company is focused on the development and commercialization of novel therapeutics to treat rare, chronic, and serious inflammatory and fibrotic diseases. So yeah, its pharma so a bit more complicated, offerings loom over this stock like a hawk. But with all pharmaceutical companies, you have that one catalyst that soars the stock 2x, with legalization it could see a growth rate A, but as of now: I give it a C+.
KERN - now Kern is a little different, its an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industry. So will go up with the consumption of cannabis, but the thing about the cannabis market today is that we produce more then we sell. The market is congested on cannabis so short term Kern doesnt look all that well, but will ramp up when sales go up. The cannabis market today looks fairly similar too the oil market in april 2020. Too much product, not enough buyers. Not so much debt here, good for a medium to long hold. Growth rate B+
CBDD - a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products. Its otc, but is showing strong growth in sales (updated jan2021) in Canada and in Europe. Some debt, but since its otc i wouldnt worry. Looks to be heavy into the european market, and with France decriminalizing cannabis this year, CBDD is in a prime position. Growth rating of A-.
HITIF - a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, looks to be centered pretty fairly at current price, not much to do with legalization, but like all retail sellers, they will see an increase in costumers with legalization. A bit debt, but not much to talk about. Just did an offering, so safeish. Short term looks kangerooy, but medium/long hold looks decent. Growth rate D (upgraded to B, with decriminalization)
As always, trade safe, be good to each other and good luck in the market!
Edit: Im not adding anymore, use the comments to explain your dd on a stock and we will look at it.
submitted by SurprisedToast to pennystocks [link] [comments]

American Cannabis - Will the Democratic Senate win make millionaires?

In 2018, Canopy Growth made more millionaires than any other stock. Legislative change, uplisting to major exchanges (NYSE), and huge institutional investment created the perfect storm and it was a bunch of unsophisticated investors (read: degenerates) that got rich off of it.
Today, a similar story is evolving in US Cannabis in real-time, with a total addressable market that absolutely DOMINATES Canada's, and the emergence of unique tailwinds (e.g. COVID, social justice) to drive acceleration of and acceptance of Cannabis far beyond what Canada achieved.
The core of the investment thesis is dead simple. Cannabis is federally illegal. This has prevented large institutions from investing in American Cannabis companies and provided a once in a generation opportunity for retail to make real money. The democratic sweep of the house, senate, presidency will lead to cannabis reform. Even if the absence of federal legalization, the conditions that led to meteoric rise of Canadian cannabis are being replicated south of the border. Read the Q&A for more.
Why will cannabis legislation change?
There is unprecedented momentum for cannabis reform at all levels of government.
Why will this happen now?
Who should I invest in?
But these companies aren't on the NYSE and NASDAQ
This guy sounds like linked shit so he probably knows what he's talking about -- just give me a ticker.
submitted by 100NOT99- to weedstocks [link] [comments]

Could Hennessy V (HCIC) be the first sustainable rare earth metal play?

Could Hennessy V (HCIC) be the first sustainable rare earth metal play?
The leadership is certainly leaning this way. Half the team's highlights are from the metal production side (batteries, semiconductors) with experience at Tesla, QuantumScape, Desktop Metal, General Electric. And the other half have an unusual amount of experience in the mining industry. Management teams are chosen for a reason and I've seen few SPACs with such a clear MO.
I found the first clue reading through HCIC's S1. Ashley Zumwalt-Forbes caught my eye as she was listed on Forbes 30 under 30. Why would Hennessy add a 29 year old to the management team of a SPAC?
The company she founded a few years ago -
Black Mountain Metals - a company devoted to sourcing BATTERY METALS sustainably. She's been branded "The Nickel Queen" and is leading the way re sustainable battery mining.
Going deeper into the management team's experience further backs up the battery metals theory, with half being in the production side of the metal industry and the other half on the mining side.
Production Metals
  • Brad Buss Tesla, QuantumScape (solid-state lithium-ion batteries )
  • Jeffrey Immelt Desktop Metal (nickel, copper, steal), General Electric
  • Dr. Kurt Lauk Tachyum (lithium semiconductors), Daimler Chrysler, Audi AG
  • Tanguy Serra Led lithium-ion battery initiatives at SolarCity (ref - now Tesla) , LoanPal
Mining Metals
  • Ashley Zumwalt-Forbes Black Mountain Metals (mining battery metals)
  • Gretchen McClain Boart Longyear (tooling for mining and drilling), NASA, Carlyle Group
  • Lee McIntire CEO of CH2M Hill (mining, industrial), CEO Terrapower (Bill Gates backed)
  • Manish Nayar PRI Engineering (geotechnical engineering) , OYA (sustainable investment)
  • James/Jim O’Neil Orbital Energy, Sachs Electric (mining supplies / industrial - ref)

Black Mountain Metals registered the trademark 'ZERO CARBON NICKEL' a few days after (2020-12-07) the HCIC DRS statement was submitted (2020-12-04). This got my attention.
What if this is a sustainable, zero carbon, battery metal play that no one knows about?
Now, I'm not saying this will be a merger with Black Mountain Metals, but there's a reason why Ashley Zumwalt-Forbes is on the team and I think it gives us clues as to the future target space.
This is the only 'speculative' battery metal play I've found with almost no risk - max loss being down 10% from today's price of $11. HCIC just IPO'd so we won't hear anything for a long time. Don't expect anything for 6+ months. Being early, I'm happy to park a small amount of capital here and wait for others to catch on.
To finish, here's a nice chart Chamath tweeted a few weeks ago, showing how much the battery metal industry is in need of supply right now

https://preview.redd.it/rkiirosy0sf61.jpg?width=1111&format=pjpg&auto=webp&s=fb693a33951083860196c318059656cae2da81b0
If you enjoyed this, @ me on Twitter with your findings on HCIC and others - dus0l
submitted by dus0l to SPACs [link] [comments]

American Cannabis: The Perfect Storm

In 2018, Canopy Growth made more millionaires than any other stock. Legislative change, uplisting to major exchanges (NYSE), and huge institutional investment created the perfect storm and it was a bunch of unsophisticated investors (read: degenerates) that got rich off of it.
Today, a similar story is evolving in US Cannabis in real-time, with a total addressable market that absolutely DOMINATES Canada's, and the emergence of unique tailwinds (e.g. COVID, social justice) to drive acceleration of and acceptance of Cannabis far beyond what Canada achieved.
The core of the investment thesis is dead simple. Cannabis is federally illegal. This has prevented large institutions from investing in American Cannabis companies and provided a once in a generation opportunity for retail to make real money. The democratic sweep of the house, senate, presidency will lead to cannabis reform. Even if the absence of federal legalization, the conditions that led to meteoric rise of Canadian cannabis are being replicated south of the border. Read the Q&A for more.
Why will cannabis legislation change?
There is unprecedented momentum for cannabis reform at all levels of government.
Why will this happen now?
Who should I think about?
But these companies aren't on the NYSE and NASDAQ
This guy sounds like linked shit so he probably knows what he's talking about -- just give me a ticker.
Disclaimer: Not a financial advisor. Not investment advice. Positions in companies mentioned.
submitted by 100NOT99- to wallstreetbets [link] [comments]

A short compilation of reasons not to accept the COVID-19 vaccine and why your loved ones shouldn’t either.

Here is a great list of reasons not to get the Covid-19 vaccine and what I send to my loved ones.
  1. ⁠⁠⁠⁠⁠Zero long term studies of mRNA vaccines.
https://www.forbes.com/sites/ellenmatloff/2020/12/18/what-are-the-long-term-safety-risks-of-the-pfizer-and-moderna-covid-19-vaccines/?sh=4a312e1568f3
https://www.nejm.org/doi/full/10.1056/NEJMe2034717
https://www.chicagotribune.com/coronavirus/ct-nw-nyt-cb-covid19-vaccine-safety-mrna-20201204-ozu5ukejbrbplf5tiosho46oey-story.html
  1. Insufficient animal studies to investigate pathogenic priming which leads to worse outcomes when exposed to the live virus as seen in the early RSV vaccine.
https://www.lifesitenews.com/opinion/pfizer-covid-vaccine-trial-shows-alarming-evidence-of-pathogenic-priming-in-older-adults
https://www.sciencedirect.com/science/article/pii/S2589909020300186
  1. By definition this is an experimental “vaccine”
https://www.nih.gov/news-events/nih-research-matters/experimental-coronavirus-vaccine-highly-effective
  1. “Vaccine” does not provide immunity.
https://www.theguardian.com/science/2020/dec/18/how-does-covid-immunity-work-and-what-does-it-mean-for-vaccines
https://www.washington.edu/news/2020/12/02/covid-19-vaccines-may-not-prevent-spread-of-virus-so-mask-wearing-other-protections-still-critical/
https://www.businessinsider.com/who-says-no-evidence-coronavirus-vaccine-prevent-transmissions-2020-12?op=1
  1. “Vaccine” does not prevent spread.
https://www.foxbusiness.com/healthcare/can-you-still-spread-covid-19-after-you-get-vaccinated
https://www.cnn.com/2021/01/08/health/covid-vaccinated-infected-wellness/index.html
  1. Nano-lipid-PEG related antibodies/ allergic reactions
https://www.sciencemag.org/news/2020/12/suspicions-grow-nanoparticles-pfizer-s-covid-19-vaccine-trigger-rare-allergic-reactions
https://www.sciencedirect.com/science/article/pii/S0169409X20301083
  1. “Vaccine” will be required yearly or more frequently.
https://www.salon.com/2020/09/23/a-coronavirus-vaccine-may-only-work-for-one-year-heres-what-that-means-for-society/
https://www.cnet.com/health/covid-19-vaccine-will-you-need-more-than-one/
  1. Immunity passports should not be the new normal.
https://www.who.int/news-room/commentaries/detail/immunity-passports-in-the-context-of-covid-19
  1. Younger ppl suffer more adverse reactions to the vaccine.
https://medicalxpress.com/news/2020-12-covid-vaccines-side-effects.html
  1. Antibody dependent enhancement.
https://blogs.sciencemag.org/pipeline/archives/2020/12/18/antibody-dependent-enhancement
  1. Vaccine may cause infertility.
https://www.local10.com/news/local/2020/12/20/study-investigates-effects-of-covid-19-vaccine-on-male-fertility/
https://www.reuters.com/article/uk-factcheck-covid-vaccine-causing-infer-idUSKBN25H20G
  1. A majority of healthcare workers are refusing the “vaccine”.
https://nypost.com/2021/01/01/alarming-number-of-us-health-care-workers-are-refusing-covid-19-vaccine/
https://www.latimes.com/california/story/2020-12-31/healthcare-workers-refuse-covid-19-vaccine-access
https://www.ibtimes.co.in/nurses-no-guinea-pigs-87000-healthcare-workers-netherlands-refuse-covid-19-vaccine-831263
https://www.npr.org/2021/01/01/952716705/some-health-care-workers-are-hesitant-about-getting-covid-19-vaccines
  1. 1976 Swine flu vaccine controversy with the Ford administration.
https://www.bbc.com/future/article/20200918-the-fiasco-of-the-us-swine-flu-affair-of-1976
https://www.smithsonianmag.com/smart-news/long-shadow-1976-swine-flu-vaccine-fiasco-180961994/
  1. Tuskegee experiments done on US and South American citizens.
https://www.military.com/daily-news/2020/10/27/surgeon-general-cites-horrific-tuskegee-experiment-voices-vaccine-distribution-concerns.html
https://en.m.wikipedia.org/wiki/Tuskegee_Syphilis_Study
  1. US history of performing experiments on an unwitting population. (Too many to link)
https://en.m.wikipedia.org/wiki/Unethical_human_experimentation_in_the_United_States
https://en.m.wikipedia.org/wiki/Stateville_Penitentiary_Malaria_Study
https://en.m.wikipedia.org/wiki/Human_radiation_experiments
https://en.m.wikipedia.org/wiki/Guatemala_syphilis_experiments
  1. Every pharmaceutical company involved has paid out numerous settlements over their products ranging from false advertising all the way to bad products with side effects that were known and not disclosed.
https://dmlawfirm.com/crimes-of-covid-vaccine-maker-pfizer-well-documented/
https://www.cbsnews.com/news/insider-trading-allegations-moderna-accountable-us-securities-exchange-commission/
https://ethics.harvard.edu/pharmaceutical-industry-institutional-corruption-and-public-health
https://www.complianceweek.com/opinion/top-ethics-and-compliance-failures-of-2019/28237.article
https://www.businessinsider.com/pharmaceutical-company-reputation-rankings-2018-6?op=1#1-sanofi-reptrak-points-746-22
These are my top concerns there are others that rank lower on my list.
submitted by lyquidflows to conspiracy [link] [comments]

Lost in the Sauce: Trump, Cruz, and Gohmert team up to incite election-related violence

Welcome to Lost in the Sauce, keeping you caught up on political and legal news that often gets buried in distractions and theater… or a global health crisis.
Housekeeping:

Election shenanigans

I put the latest info on Trump's phone call to Raffensperger in this comment.
According to experts, Trump’s conduct has potential criminal exposure:
A federal statute makes it a crime when one “knowingly and willfully … attempts to deprive or defraud the residents of a State of a fair and impartially conducted election process, by … the procurement, casting, or tabulation of ballots that are known by the person to be materially false, fictitious, or fraudulent under the laws of the State in which the election is held.”
A Georgia statute similarly provides that a “person commits the offense of criminal solicitation to commit election fraud in the first degree when, with intent that another person engage in conduct constituting a felony under this article, he or she solicits, requests, commands, importunes, or otherwise attempts to cause the other person to engage in such conduct.”
…The hard part for prosecutors would be proving Trump’s state of mind, because the statutes require proof of knowledge and intent. Prosecutors would have to show that Trump knew that Biden fairly won the election, and Trump was asking for Georgia officials to commit election fraud. And it’s not clear prosecutors could make that case.
At least 12 Republican senators plan to challenge Biden’s Electoral College win on Jan. 6, when Congress is set to officially count the votes. The effort is being led by Sen. Ted Cruz (R-Tex.) and includes Sens. Ron Johnson (R-Wis.), James Lankford (R-Okla.), Steve Daines (R-Mont.), John Kennedy (R-La.), Marsha Blackburn (R-Tenn.), and Mike Braun (R-Ind.), as well as new Senators Cynthia Lummis (R-Wyo.), Roger Marshall (R-Kan.), Bill Hagerty (R-Tenn.), and Tommy Tuberville (R-Ala.). Separately, Sen. Josh Hawley (R-Missouri) is pursuing a similar plan.
"Congress should immediately appoint an Electoral Commission, with full investigatory and fact-finding authority, to conduct an emergency 10-day audit of the election returns in the disputed states. Once completed, individual states would evaluate the Commission’s findings and could convene a special legislative session to certify a change in their vote, if needed," the senators said in a joint statement. “Accordingly, we intend to vote on Jan. 6 to reject the electors from disputed states as not ‘regularly given’ and ‘lawfully certified’ (the statutory requisite), unless and until that emergency 10-day audit is completed."
Their plan is not going to succeed in preventing Biden from taking office, as majorities in both the House and the Senate would need to support a challenge against a state’s electoral votes. For an objection to be made, at least one member of both the House and Senate would need to submit it in writing. Then, the House and Senate separately convene to consider the issue. Debate is limited to two hours for each objection. After debate concludes, the House and Senate vote to uphold the objection and throw out the state’s votes. If the majority of the House AND the majority of the Senate does not uphold the objection, the state’s electoral votes are counted as cast.
  • Vice President Mike Pence’s role is simply to preside over the joint session, opening and presenting the certifications from each state. In his absence, the Senate pro-tempore Sen. Chuck Grassley (R-Iowa) will lead the session. At the end of the process, the presiding officer announces who has won the majority of votes for president and vice president.
The most immediate danger from Trump and Cruz’s doomed election gambit is rightwing terrorism and general violence: Trump, in particular, is inciting his supporters to swarm D.C. on Jan. 6. “JANUARY SIXTH, SEE YOU IN DC!” Trump tweeted last week. Four rightwing rallies are scheduled, including one headlined by George Papadopoulos and Roger Stone.
The Proud Boys and other extremists are planning to attend the rallies and may set up an “armed encampment” on the National Mall, according to the Washington Post. On social media platform Parler, the leader of the Proud Boys said that members will be there “incognito” and may “dress in all black” to impersonate leftwing protestors.
Enrique Tarrio: "The ProudBoys will turn out in record numbers on Jan 6th but this time with a twist...We will not be wearing our traditional Black and Yellow. We will be incognito and we will spread across downtown DC in smaller teams."
Rep. Louie Gohmert has more explicitly tried to incite violence, saying the failure of his legal challenge to the election means “you gotta go the streets and be as violent as Antifa and BLM.” (clip)
  • At the same time, pro-Trump lawyer Lin Wood suggested that Pence could “face execution by firing squad” for “treason” if he doesn’t go along with the attempt to subvert the election.

Obstructing the transition

Biden’s transition director has accused the Office of Management and Budget of stonewalling the incoming administration’s team. OMB Director Russ Vought is not allowing key staff to meet with the transition team to help prepare the president-elect’s first annual spending plan, a move that could delay major proposals. Vought pushed back on the charges, saying that his agency needs to focus on finalizing the Trump administration’s regulations before the president leaves office.
“OMB leadership’s refusal to fully cooperate impairs our ability to identify opportunities to maximize the relief going out to Americans during the pandemic, and it leaves us in the dark as it relates to Covid-related expenditures and critical gaps,” [Biden transition Exec. Dir. Yohannes] Abraham said.
Earlier last week, Biden himself said Trump officials are not cooperating with his team, singling out the Defense Department for obstructing information on crucial national security issues. “Right now, we just aren’t getting all the information that we need from the outgoing administration in key national security areas. It’s nothing short, in my view, of irresponsibility,” Biden said. The Defense Dept. finally scheduled meetings with the incoming team this week, after not briefing the transition for weeks.
  • The timing of the resumption in meetings is notable because it comes after the one year anniversary of the U.S. assassination of Iranian Maj. Gen. Qassem Soleimani on Jan. 3. NATO officials are reportedly worried about the lack of coordination from the Trump administration: "We need the incoming Biden administration to be fully briefed and ready to deal with these very dangerous issues facing NATO's security."

Sabotaging the Biden Administration

U.S. Agency for Global Media CEO Michael Pack is taking steps to keep control of Radio Free Europe and Radio Free Asia during the Biden administration. As chairman of the boards of Radio Free Europe and Asia, Pack and his fellow members have added binding contractual agreements that will make it impossible to remove him or other pro-Trump allies from the board in the next two years.
In other words, although President-elect Joe Biden has already signaled he intends to replace Pack as CEO of the parent agency soon after taking office in January, Pack would maintain a significant degree of control over the networks.
The State Department is likely to designate Cuba as a state sponsor of terrorism “as an 11th hour effort to create hurdles for the incoming Biden administration.” The label, which requires the approval of Secretary of State Mike Pompeo, would undo a major accomplishment of the Obama administration. To take Cuba back off the list, the Biden team would need to conduct a formal review, a process that might take several months.
Such a designation would impose restrictions on US foreign assistance, a ban on defense exports and sales, certain controls over exports and various financial restrictions. It would also result in penalization against any persons and countries engaging in certain trade activities with Cuba.
The Trump administration has been rushing to finalize a myriad of rules before Biden’s inauguration. Since Election Day, the Trump administration has issued about three to four times as many new regulations as it did during other periods of Trump’s presidency. Rules that haven’t been finalized or taken effect can be suspended by an incoming president, which Biden has said he intends to do. By contrast, rules that are finalized can take months, or even years, to undo.
“As a general rule, it takes at least as much process to undo or modify a rule as it does to put the rule in place,” said Jonathan H. Adler, a professor and an administrative law expert at Case Western Reserve University School of Law. “The Trump administration is magnifying that challenge for the Biden administration.”
Trump loyalists are urging the president to stymie Biden’s efforts to rejoin the Paris climate agreement and the Iran nuclear deal. Sens. Ted Cruz and Lindsey Graham are working to get the agreements submitted to the Senate for ratification, requiring a two-thirds vote, with the goal of failure. While such an outcome wouldn’t prevent Biden from rejoining the accords, Cruz and Graham hope it would make their resurrection more problematic.
A vote against them would signal GOP opposition to the world and, they hope, undermine any unilateral action by Biden to rejoin the agreements. One senior congressional aide told RCP that sending them to die in the Senate “would be the final nail in the coffin.”
Further reading: “Biden To Be Saddled With Trump’s Payroll Tax Deferral Mess,” Forbes.
Further reading: Biden will inherit a backlog of tens of thousands of visa requests from the wars in Iraq and Afghanistan — and a bureaucratic tangle that refugee advocates say President Trump ignored or made worse.

Trump money and properties

Manhattan District Attorney Cyrus Vance is employing forensic accounting specialists to examine Trump’s finances and business operations. Vance is looking “for anomalies among a variety of property deals” and trying to determine “whether the president’s company manipulated the value of certain assets to obtain favorable interest rates and tax breaks”.
The analysts hired by Vance probably have already reviewed various bank and mortgage records obtained from Trump’s company as part of the ongoing grand jury investigation, and they could be called on to testify about their findings should the district attorney eventually bring criminal charges
In yet another shady business deal connected to Trump, the United States sold the ambassador’s residence in Israel for more than $67 million. The person who bought the residence is none other than Trump mega-donor Sheldon Adelson. The property only became available due to Trump's controversial decision to relocate the U.S. Embassy from Tel Aviv to contested Jerusalem. Furthermore, State Dept. representatives reportedly lied to Congress about the sale, perhaps to hide that Adelson purposefully overbid.
For now, there is no alternative residence for the ambassador, David Friedman, Trump’s former lawyer, who currently uses a suite at Jerusalem’s King David Hotel or rooms at the former Jerusalem Consulate General when he spends nights in Jerusalem… As a result, the United States appears likely to end up leasing the residence it has owned since 1964 from the GOP-affiliated casino mogul.
“It is very strange that we are now paying Sheldon Adelson,” a congressional aide told The Daily Beast. “It is not above board. We have a number of questions. Did they get two independent appraisals? Was it a sweetheart deal? Was Adelson the highest donor? Was there a reason to sell it now?”
Trump’s businesses have taken in $10.5 million of donor money over the course of his presidency. $8.5 million came from the Trump campaign and related entities that Trump controls directly; $2 million came from other Republican candidates and committees. The biggest beneficiary was Trump’s NYC hotel, taking in $3,039,979 over the four years of his presidency, with $891,003 of that in just the final four months of the campaign.
Trump’s DC hotel is ramping up room prices and requiring a two-night minimum stay for two key events this month, as the president tries to squeeze more profit out of his office. On Jan. 6, when Congress is set to formally count the votes cast by the Electoral College, room rates are listed at over eight times the price of surrounding dates. Trump is encouraging his supporters to attend a protest of Biden’s win on the 6th. A room during the inauguration costs five times the normal rate, at $2,225 per night.
Trump’s Turnberry Resort in Scotland posted a £2.3 million ($3.1 million) loss in 2019, marking the sixth year in a row it has failed to turn a profit under his ownership. Since Trump took over the historic property in 2014, its losses now total nearly £45 million ($61.5 million).
The fact Turnberry remains in the red comes in spite of significant tranches of payments it has received from the US government during Mr Trump’s single term in office… the US Secret Service spent nearly £25,000 to accommodate its agents at the resort during business trips by Mr Trump’s son, Eric, an executive vice-president of the family firm. Since Mr Trump’s election, the property has received close to £300,000 from the Secret Service, US State Department, and US Defence Department
A Florida state lawmaker is calling for Mar-a-Lago to be penalized - and possibly shut down - for flouting coronavirus restrictions during a New Years Eve party. While Trump and the first lady did not attend, son Don Jr., attorney Rudy Giuliani, Rep. Matt Gaetz, and Fox News personality Jeanine Piro were captured on video among the maskless crowd. Guests paid as much as $1,000 for access to the ballroom to be entertained by Vanilla Ice.
State Rep. Omari Hardy: “My constituents are not snowbirds like @DonaldJTrumpJr & @kimguilfoyle. My constituents live here. This is their home, and they're going to have to deal w/ the consequences of a potential super-spreader party at Mar-a-Lago long after Junior & wife leave here on their private jet.”
Are you ready for a Donald J. Trump Airport? According to the Daily Beast, Trump has been asking aides about the process of naming airports after former U.S. presidents.
Further reading: “Jared Kushner’s family real estate business wants to raise at least $100 million in capital through Israel’s bond market… Kushner has helped spearhead a series of moves that have been applauded by the conservative pro-Israel community, including moving the U.S. Embassy to Jerusalem from Tel Aviv and recognizing Israeli sovereignty in disputed areas such as the Golan Heights. Kushner also has close ties to Israel’s prime minister, Benjamin Netanyahu.”

Miscellaneous

The Census Bureau missed it’s end-of-year deadline to produce numbers that determine representation in Congress and the Electoral College for the next decade. The agency is working toward Jan. 9 as an internal target date for completing the current stage of processing records. "If we miss Jan. 9, it's hard to envision that we would get apportionment done before inauguration," a Census employee told NPR.
The final timing of the 2020 census results' release could undermine President Trump's efforts to make an unprecedented change to who is counted in key census numbers before leaving office… If the first census results are not ready until after Trump's term ends on Jan. 20, it would be President-elect Joe Biden, not Trump, who would get control of the numbers, which are ultimately handed off to Congress for certification.
submitted by rusticgorilla to Keep_Track [link] [comments]

Vancouver Drama Chronicles: Vancouver Candle Co

Hello /Vancouver,
I’m a straight, white, cisgendered man who is obviously super macho. I love sports, muscle cars, and cigars. Home décor stuff? I know nothing about it, and know less about candles. The only thing I know about candles is I light them in the bathroom to make my shit smell disappear, why would I want to do that?
A wise man once said, I know you’d like to think your shit don’t stank, but lean a little bit closer, see, roses really smell like poo-oo-ooh. Today we’ll be looking at Vancouver Candle Co, and Nick Rabuchin’s stank on the company smells like poo-oo-ooh.
TLDR: Nick Rabuchin, founder of Vancouver Candle Co was called out for being a racist asshole after his company took part in #BlackOutTuesday to support Black Lives Matter. Nick denied the accusations, but later admitted to using racial slurs as insults to a Jewish shop owner. He also probably (cause he denied it) threatened several former workers and called a black person a… (You can figure it out).

TOO LONG, WANT TO READ

Conception:
The only official information on the Vancouver Candle Co. website is that it started in 2014. It’s a bare bone, minimalistic description of the company’s history.
That won’t do.
From Nick Rabuchin’s own words, the idea of Vancouver Candle Co. came into existence after an argument with his husband/partner, Farouk Babul. Why were they fighting? Farouk bought an expensive candle. I did some research on how expensive a candle can be, the most expensive one was a Gucci Virgin Violet Candle for $633.89 Canadian. Chances are, the one Farouk bought was in the $50-60 dollar range.
Think about it.
Would you have a verbal fight with your significant other over a $100 item they bought with their own money? No. No sane person would cause a fight over this.
Don’t worry, Nick & Farouk made up once they lit up the candle. Which inspired Nick to get into candle making. Turned out Vancouver Candle Co was a popular company.
In 2014, Nick Rabuchin and Farouk Babul created Vancouver Candle Co., looking at their website, it’s all about Nick. All iterations of the about page before the controversy is all about Nick. Here are the pages in 2015, 2016, and 2019. The articulate, decisive, descriptive way Nick describes his passion for candle making, is the same way I describe my R-Rated fanfiction erotica.
The above story gives us a good background on who Nick is going into the sagas below, a narcissistic, quick to anger individual who ruined the lives of his employees and his promising business because of this.
Christina McDaniel Saga: 2016 - 2019
First thing I want to say, Christina McDaniel is a fucking saint. Researching this story, I can’t imagine how difficult it was dealing with a person like Nick. For those who don’t know, McDaniel is a founding partner of Warner McDaniel Agency that specializes in boutique sales, brand development, and promotion. In 2016, Vancouver Candle Co. started a working relationship with McDaniel and her agency with a two-year contract. During that 2 year period:
Naturally, McDaniel after dealing with Nick’s temper & racism decided it was best to not renew the contract in 2018.
But Candles? Candles is big business. Who doesn’t want to be in the candle selling business? That’s why in early 2019 McDaniel met up with an unnamed candle company, which Vancouver Candle Co. replied with a cease-and-desist letter because they believed McDaniel was going to spill all of their trade secrets like perfect wick length (Spoilers: It’s 1/4th before each burn. Hell yeah, I’m a pro now with all this research).
In the end McDaniel didn’t work with the unnamed Candle company, but started working with Whistler-based Hollow Tree Candle Co. later that year. How did Vancouver Candle Co handle the news?
McDaneil didn’t stay silent. She shared the text messages to another hero of the story, Tobias Douglas. Owner of the Hollow Tree Candle Co
This leads us into…
Hollow Tree Candle Co Saga: 2019 – March 2020
Tobias Douglas confronted Nick regarding his text messages to Christina McDaniel. How did Nick defend himself? It wasn’t me. Here is the text in question, and we’re gonna break it down.
  • ”No I am not confessing anything” - I don’t know why you would say “I am not confessing anything”, just say “It wasn’t me.” Denying is a sound tactic.
  • ”I am not a racist for for sake.” - That was a fucking lie.
  • ”God sake I am married to a brown man/I have coloured friends/I am far from a biget” - Nick tried to use the ironclad defence all white people use when they’re accused of racism, I have coloured friends. The defence is a classic, I’ve used it myself several times… But I’m not ballsy enough to use a racist term with that defence. Coloured, is a racist term.
  • ”What I was saying is that people say N word all the time” - I don’t think you can say, “I’m not a racist” and defend racist terminology.
  • ”And you can’t ban words!” - One thing that annoyed me with this is he’s defending the use of the word, but refuses to use the word. HE CAN’T EVEN CONVINCE HIMSELF.
Nick felt humiliated in defeat against someone who was his superior in terms of logic and wits. Like a coward, he ”supposedly” orchestrated the following attacks on Hollow Tree Candle Co.
  • Review bombed Hollow Tree Candle Co on multiple retailer sites.
  • YouTube Nazi video with English subtitles suggesting the soldiers are receiving shipments of Hollow Tree candles.
  • Vancouver Candle Co. reached out to their stockists and urged them to drop Hollow Tree Candle Co’s candles.
  • E-mails from ”anonymous” sources to Tobias’s e-mail calling her a ”stupid fuck”, ”candle Sasquatch” and threatening her safety.
Sadly, some retailers like Holt Renfew fell for this tactic and removed Hollow Tree Candle Co’s products from their store. In response, Hollow Tree sued Nick Rabuchin & Vancouver Candle Co. I’m not sure what the result of the lawsuit is, but when Nick ”apologised” for being a racist, aggressive fuck, the suit was still ongoing.
Exposed & Other Accusations: June, 2020
You know what people love? Disingenuous corporate activism. When #BlackOutTuesday companies jumped on that shit. Surely there wouldn’t be any repercussions for joining a super popular social media movement for clout, right?
Have you been to school wearing a brand new FUBU shirt and someone is wearing a similar FUBU shirt, then someone goes *”one of em is a fake?”*
The same thing happened, a lot of companies got called out for participating in #BlackOutTuesday.
When Christina McDaniel saw that Vancouver Candle Co taking part in the social media campaign, she was like, ”fuck no”. She ended up posting on the Warner McDaniel Agency’s social media page with her story.
I will give Nick & Vancouver Candle Co this. They spent no time trying to silence her by sending a cease-and-desist letter for her social media post. The letter apparently said everything McDaniel posted was a fabrication and untrue, which they rescinded once they made their apology post not even 24 hours later.
Thanks to McDaniel speaking up, the following happened:
After news of new accusations and retailers pulling Vancouver Candle Co, the company issued multiple apologies…
Where are they Now?
While researching, here are little tidbits I’ve come across in terms of updates…
  • Vancouver Candle Co continues to operate, with Farouk Babul as owner (Nick’s Husband).
  • Vancouver Candle Co hasn’t posted on their social media of any charitable work in name of doing better.
  • I don’t know what happened with the lawsuit with Hollow Tree Candle Co.
  • Someone had given me information about the Lawsuit with Hollow Tree Candle Co....
Note, these are someone else's words, not mine.
The named defendants in the action are VCC, Babul (in his personal capacity) and Rabuchin (ditto). The Notice of Civil Claim (the initiating document in the action) filed by Hollow alleges that Babul had equal part in the harassment which began in 2017.
For background, there isn't any BC incorporated company containing "Vancouver Candle", but there's both a general partnership (formed in 2014) and a sole proprietorship (registered in 2016) under the name "Vancouver Candle Company". Hollow Tree's action is filed against VCC the general partnership. In their Response to Civil Claim, VCC / Babul / Rabuchin get technical and state VCC the general partnership isn't the operator of the business, but rather that "at all material times the owner and operator of Vancouver Candle Company is 1063989 B.C. Ltd.", a company incorporated in 2016. As you mentioned in your piece, VCC started in 2014. That doesn't really factor in much when we're talking about harassment and abuse, but goes to show they don't know what they're doing. HOWEVER the (likely) reason they want to clear out VCC the general partnership from the lawsuit is to avoid personal liability if the court finds in favour of Hollow Tree. Babul and Rabuchin are each partners to VCC the general partnership, a type of legal entity whose partners assume unlimited liability.
Their Response to Civil Claim (which is, definitively, Not! Well! Argued! and) states that B & R have never acted in their personal capacity, only as directors of 1063989 B.C. Ltd. As of today, Rabuchin is still listed as a director of the company...
VCC / B / R have been represented by two lawyers based on their filed documents between Jan 2020 - Feb 2020. That's wild. As you pointed out, there hasn't been any movement since March 2020. The filed documents pointed to a couple hearings which were adjourned. Given that the lawsuit only started to gain steam before courts closed last year, this isn't abnormal though it could hint at the possibility of settlement discussions between the parties which obviously wouldn't be part of the registry's record. Due to the nature of the allegations, however, I'd be surprised if Hollow Tree would be amiable to settling out of court.
The final document was filed on March 17 2020.
Final Thoughts
This was a journey researching into Nick, Vancouver Candle Co, and all the victims he’s hurt.
Nick Rabuchin is a villain.
This isn’t someone who fucked up and said the n-word on stage with Kendrick Lamar. He explicitly went out of his way to threaten people using targeted language that would hurt them. Bitch, do what we commoners do and throw shade at them as soon as they leave the room. Don’t just grab your burner phone and send them a threatening text like a boyfriend who couldn’t get over a bad breakup.
Now this brings up a question, since Nick removed himself from the company does this exonerate the company from his wrong doings? Probably not.
If you’re looking to buy candles, without troubled history. Most of these besides Hollow Tree are from my Shop Local Thread over the holidays.
More Drama?
submitted by Perdin to vancouver [link] [comments]

$EGLX.to - Epic eSports stock about to uplist to the Nasdaq

TLDR; EGLX.to is the single best pure-eSports play in the world.

Look I have an incredible track record of getting lucky picking stocks in the new reddit dominated market (PLTR, U, AI, BB, etc) and I want to tell you all about my next big one: Enthusiast Gaming.
While our community has nearly quadrupled in size, I still believe EGLX is one of the most underappreciated plays out there.
Since writing my first DD on EGLX, a few things have transpired:
Get in before the Nasdaq listing if you like money.
Positions: I currently have 40% of my portfolio in Enthusiast Gaming.
I hope the mods don't mind, but I wanted to repost this DD I wrote about a month ago, because it seems like none of the noobs know about the Enthusiast Gaming eSports revolution. So here it is below:
---------------------------------------------------------
LINK to original post - POSTED JAN 6TH 2020:
Greetings friendos.
It's 12:20 AM where I live and since I can't sleep, I have decided to finally write a DD on Enthusiast Gaming that I have been thinking about for some time... EGLX is a stock that I believe can make you 5-20x gains in the next year. I have been watching this stock since like $1.50 during the darkest days of COVID, and I am kicking myself for not getting in until $4 just before Christmas. But I am now a proud shareholder preaching the gospel.
What the eff do I know?
For some background information on my own stock picking prowess and why my ideas might be worth considering, I previously wrote super early DD's on Palantir, Telos and C3ai before making money in all 3 of them. I have a large number of people who have sent me thank you messages on reddit for my DD's on those companies.
PLTR - I was in at 10.50 Telos - I was in at 20 C3ai - I was in at 95

As a final qualifying note, in addition to getting incredibly lucky at picking random stocks, I also work in the gaming and digital marketing spaces, and I believe that I am somewhat qualified to comment on the merits of an esports and influencer company such as EGLX.

Who the heck is Enthusiast Gaming?

Enthusiast Gaming is a giant network of websites, esports teams and streaming influencers in the gaming space. Actually, they proclaim to be the single largest esports platform in North America. As of yesterday, they have officially announced that all of their collective followings put them in the top 100 web companies operating in America. Note, the only downside here is that they are getting that number from a huge number of mid sized platforms, not one single super popular site like twitch or youtube.
>Source: https://www.enthusiastgaming.com/news/

Does anyone even watch video games?

Yes. They do and will continue to. Actually us North Americans are very late to the party. The League of Legends world championship is already as popular as the super bowl. These viewers are coming primarily from Asia.
>Facts: https://dotesports.com/league-of-legends/news/league-of-legends-vs-superbowl-viewer-numbers
Furthermore, the hyper focus on gaming as a cultural cornerstone is in fact coming to North America. I hope you don't actually need convincing on this point, but here is a fact for you:
Prior to COVID, studies were already showed that over 90% of all children in America were gaming in some capacity.
>Source: https://www.healthline.com/health-news/video-games-saints-or-psychopaths-082814#:~:text=More%20than%2090%20percent%20of%20American%20kids%20play%20video%20games,of%20Americans%20over%2050%20play.
Now for comparison, most of us now adults grew up while gaming became a thing. If you are a similar age to me, you know when we were growing up, it was like 20-40% of boys gamed, and maybe 1-5% of girls gamed. This dramatic cultural shift is staggering. Obviously, this trend has been solidified this year with COVID. These gamers will and are translating to not only playing, but also watching games. That's Amazon's Twitch platform is growing fast AF. Watching video games is big big big money.
>Twitch facts: https://www.businessinsider.com/twitch-viewership-grows-faster-than-previously-forecast-2020-9#:~:text=That's%20a%2026.2%25%20increase%20from,gaming%20streams%20are%20gaining%20popularity.&text=We%20forecast%20that%20the%20number,next%20year%2C%20to%2044.0%20million.

Who are their competitors?

Actually this is where I think it gets particularly interesting. As a huge gamer and esports believer, I have been looking to find esports investments, but having a real hard time finding pure esports plays. There aren't many companies out there to invest in that are strictly set to capitalize on esports. Frankly, most of the stocks I have found are seemingly doing dick all. I would encourage you to google esports companies. You will mostly find a bunch of garbo sounding companies that are somehow valued at $25m-$50m market cap, but their websites are broken and aren't even up-to-date. Really the only "esports" companies to invest in are the tech majors like Microsoft, Amazon, or Facebook, and the video game companies like Sony, Nintendo, ATVI, EA etc. Sure these are all great companies, but none of them are strictly focused on esports and none of them are new or cheap enough to turn into a ten bagger.
*** IF YOU ARE SKIMMING, THIS NEXT ARTICLE IS IMPORTANT**\*
Forbes recently released a report on the top 10 most valuable esports companies. Obviously, EGLX is on the list, or I wouldn't be mentioning it. But get this, EGLX is not only the ONLY publicly listed company that forbes identified, but they also have the highest revenue by a long shot.
>SORCERY: https://www.forbes.com/sites/christinasettimi/2020/12/05/the-most-valuable-esports-companies-2020/?sh=2e4769ae73d0
EGLX is honestly positioned as the supreme pure esports play in the world right now.

Who the hell is leading this little company?

Well my number one most important metric when assessing a little random undiscovered company is who is captaining the ship? The best way to tell if a small cap stock is a scam or the real deal is to see who is involved. In fact, the biggest reason I chose to invest in the above mentioned companies was because of who was leading them (PLTR = Theil, C3.ai = microsoft ties and the dude from oracle, Telos = a former US general)
Good news of course, EGLX has an A+ grade with leadership legitimacy.
Adrian Montgomery, the former CEO of the Aquilini Sports and Entertainment (AKA THE VANCOUVER CANUCKS) is running EGLX. These guys are the real deal and they aren't fuckin about in some scam company. If they can run the Canucks, they can run an esports team.

But how do they profit?

EGLX does not own games or huge streaming platforms like twitch. So you may be wondering how they actually make money? INFLUENCER MARKETING. That's how. They are generating money through ad placements and influencer marketing on their huge platform. (And remember, they are in the top 100 US online companies in terms of reach.)
Facebook and Google are already soaking up ungodly amounts of money through online advertising and taking over the world. But paid ad placements only go so far. I don't know of a good source off hand, but I am telling you subjectively that influencer marketing is one of the "next big things". Companies are paying people with major social followings to review and talk about their shit. This is a very very big industry. I truly believe influencers are going to overtake hollywood and MSM. You shall see... No sources here. Pure opinion.

Is it actually making money?

Shit loads actually. This year EGLX is talking about increasing their total revenue from $9m last year to $120m this year for like a 1100% annual revenue increase. Obviously, if their proforma numbers turn out to be bogus the stock will collapse. But, referring to the fact that the owners of the Canucks are running this company, I am hoping we are not all being lied to and frauded out of our money.
https://www.enthusiastgaming.com/financial-statements/

How do you know I will make the tendies though?

***IF YOU ARE SKIMMING, ALSO READ THIS PART**\*
EGLX is currently trading at a $450m CAD or about $300M USD market cap. That is absolute peanuts compared to any other hype stock in the memesphere. With $120m annual revenue, that puts them at about a 3x price to sales ratio, which really isn't that bad at all for even a boring a blue chip. For a growth stock, it is extremely low.
But if you dig into their investor presentation, they are actually claiming they will raise their Revenue Per User from $0.40 to $3 in the next 2 years, or a nearly 750% revenue increase, not accounting for growth in the size of their social reach. If you include reach growth, it could be nearly 10 times revenue growth. By that point, the current market cap would be a fraction of their annual sales.
This stock is absurdly undervalued if the promises being made by the leadership come true.
>Go look: https://www.enthusiastgaming.com/wp-content/uploads/2020/11/EG-Presentation-November-2020-Nov-27.pdf

Final Fun facts:

- They own the best Overwatch team.
- They own the Seattle Call of Duty team, which happens to be among the nerdiest cities in America.
- They claim to have the best Fortnite players, but idk that game is trash so I couldn't really say if it's true or not.
But wait there's more!
Saved the best info for last.
The stock tripled in the past month. Why?
Because EGLX is still only trading on the TSX and they have applied to list on the US stock exchange.
They have appointed KPMG as the auditor for the application, and having nice big reputable firm involved certainly increases the odds it will get approved. Furthermore, I actually emailed their investor relations folks and asked when they expect to hit the US markets. Surprisingly, they responded and told me they expect their application to be approved Q1 2021.
Once this puppy hits wallstreet, I see it breaking $1B USD in no time, which would be a 3x return. $3B-$5B doesn't seem unreasonable if the current market insanity persists through 2021.
We have the opportunity to get in on this company before those darned Americans pump it to the moon.
CANADIANS HAVE THE UPPER HAND IN THE STONK MARKET FOR THE FIRST TIME IN OUR DAMN LIVES. TAKE ADVANTAGE OF IT.
--
PS: Risks. Risks. I think it's almost certain that these guys will issue more shares to raise some capital. They are kinda acting like the want to pump their own stock with unnecessary positive announcements, and honestly, they are pretty low on cash. Think they only have $9m on hand or something small like that. Too lazy to look it up again. Just watch out for dilution. My bet is that they will do it after listing on the US exchanges and mooning. But honestly I am not too worried in the long run because they need the cash to compete in this space.
PSS: More risks. If the us exchange application gets denied it will be bad bad news for my TFSA.
submitted by Troflecopter to Baystreetbets [link] [comments]

forbes list 2020 companies video

5 Richest People In The World 2020  The Countdown  Forbes Samsung listed in Forbes top 50 blockchain companies - YouTube Forbes releases its list of the most powerful women of 2020 World's Largest Companies by Revenue (1995-2020) (Fortune ... Forbes - YouTube Forbes Rich List 2020  Forbes Richest People 2020 ...

Companies Doing Right By America. Why These Retail Giants Are Booming Amid The Pandemic—And Being Hailed As Heroes Forbes released the latest Global 2000, a ranking of the world's 2,000 largest public companies on May 13, 2020. The companies on the list account for $42.3 trillion in revenues, $3.3 trillion in Medtronic, Abbott And Thermo Fisher Are The World’s Largest Healthcare Companies In 2020. Forbes Global 2000 healthcare companies are innovating their way through the COVID-19 pandemic. We teamed up with Qlik, the Official Analytics Partner of the Fortune 500, to bring to life the shifting fortunes of iconic companies and sectors in an interactive data visualization. The Forbes Global 2000 is an annual ranking of the top 2,000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value. The list has been published since 2003. On the financial front, Forbes 2000 companies generated in sales of $4.79 billion, profits of $323.2 million, assets of $11.63 billion and a market value of The oil giant tops the latest list after it raised $25.6 billion in the biggest IPO in history at the end of 2019. Our Top 100 Companies In The Middle East are the largest and most profitable companies listed on the region’s stock exchanges. Saudi Arabia dominates the list with 33 companies, followed by the U.A.E. with 21 companies. Not even a nearly $40 billion divorce can topple Amazon founder and CEO Jeff Bezos from being the world's richest person.

forbes list 2020 companies top

[index] [7779] [8154] [9076] [3575] [5839] [6064] [6779] [4130] [6322] [2324]

5 Richest People In The World 2020 The Countdown Forbes

This video shows the top 15 largest companies in the world according to Fortune Global 500 reports between 1995 and 2020; companies are racing with each othe... 삼성, 美포브스 선정 '글로벌 50대 블록체인 기업' 포함Samsung has been listed as one of the world's top 50 blockchain companies. The 'Forbes Blockchain 50' list, released on Monda... Forbes highlights success through the lens of business, entrepreneurship, wealth, investing and leadership with a focus on the people shaping our world.Subsc... Forbes magazine has released its list of the world's most powerful women. German Chancellor Angela Merkel and U.S. Vice President-elect Kamala Harris are amo... For the first time, the magazine's "Change the World" list is ranking companies not by the dollars they make, but the good they are doing. Toyota comes in th... The richest people on Earth are not immune to the coronavirus. As the pandemic tightened its grip on Europe and America, global equity markets imploded, tank... Forbes:- https://www.forbes.com/billionaires/World Athletics Championship कब होगा:- https://youtu.be/3xTXeprMlP4Bharti AXA Life Insurance के MD और ...

forbes list 2020 companies

Copyright © 2024 top.cybersportbets.site