Looking at the company website and press releases for that past year, I do not see any information about how the company is going to cut losses and maybe even earn a profit. How long can they go on before going bankrupt? The investor relations page is completely useless, and does not even provide one reason to invest in this company.
Let me know when they actually start selling some product. There are a lot of similar products available. What makes theirs any better than the rest, and how are they going to penetrate this market?
The dilution is out of control. From 2018 to 2020 they went from 200,000 shares to 2,000,000 to 80,000,000. Revenues are down and operating expenses are up.
Management failed miserably as a biotechnology company so now they are changing to a completely unrelated industry. If the acquisition occurs and is earning $5,000,000 as they say then how will the company pay for it? Dilution is the only real option and at the current share price and market cap the dilution will be astronomical. Moreover, the update regarding the acquisition is so vague as to make me wonder if it will every really happen. It could just be a ploy to pump up the stock price for a few months.
It looks like they are beginning to generate revenue, but still posting losses in the millions. With a market cap of $8 million they will need to prove they can generate millions in revenue without increasing expenses. It is not clear when or how they expect to be profitable. The other thing that bothers me is how they will get financing for the additional 60% of SmartGuard. They can't dilute enough to raise that kind of money. This cannot be good for current shareholders.
I'm generally skeptical about green companies and I avoid crypto (you know, because it is pretty much a Ponzi scheme), but Fortress Tech seems to provide a legitimate service that is in demand. I suppose they are a tech company that has found a low cost power source. They have revenue, good leadership and a business model that can work.
I was skeptical at first, and still am since I do not like CBD stocks, but there is some potential with Hempacco. Jorge seems to have a solid track record in business. Their products and IP are marketable and may find acceptance by consumers. They seem to have a hand in several different operations, including hemp based rolling papers and manufacturing for other brands.
Why do I love this company so much? There are several reasons, but the two that come immediately to mind are, 1) The potential impact of their battery tech, and 2) The leadership. The world needs a better battery and this little company might just have a key part of the answer to the energy storage problem faced by EV makers and other industries. The leadership team is a bunch of energy industry vets with experience managing large organizations. They can handle the strategic planning that is required to bring these products to market, and the bumps in the road along the way.
Patented technology and the potential to be disruptive in a vital tech for the future. It is worth taking a small gamble.
With their reach and distribution channels, the new CBD and THC products will bring in a lot of sustained revenue. As I have said many times, I am not a fan of these types of products, however, some companies will be successful in this industry and I think JSDA has a good chance at being one of them.
The products and technology are world class and already in use with revenue over $12 million in 2020. The contracts with the Ccanadian government and a Fortune 500 customer are very positive and should lead to more sales. The $10 million recent financing will keep them going until they are profitable.
Super low market cap so it will not take much to move this stock considerably higher. The apps are will be avaialble again soon and they can start generating ad revenue.
The number of patent applications is impressive and if they can monetize some of those patents they should be able to generate a lot of revenue.