Copy of a post I just made on iHub to someone who
Post# of 6710
However you look at it, almost no company in the OTC has revenue - let alone profits - over $1M - let over $10M.
The CEO expects 2020 Q4 to be the best ever (video refers).
Not only is the holiday season the busiest but on-line luxury sales sector on eBay in 2020 Q2 were greater than the 6 previous quarters combined (video refers).
$SKDI will report millions in topline revenues in 2020 for the first time in its history (video refers).
$SKDI was at .0157 earlier in 2020 on projected revenue of $700K+ in 2021 (almost none in 2020) - if everything went according to expectations - which of course it did not.
I do not agree that we need any further guidance from the CEO on his expectations - he has already given them to us for both 2020 and 2021.
All we need now are the actual financials showing the anticipated high profit margins due to minimal overheads involved in the business model of buying cheap at estate sales, and from small jewelry stores that don't have a market locally, and on-line sales - currently via eBay.
$SKDI is clearly underpriced at present - particularly with its low Unrestricted O/S count of 422M - one of the lowest in the OTC in the .0025 > .1 price range.
It remains my #1 pick for top profits in 2020 and 2021.
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.