$DIGX Rolling Brief - Updated Mar 18, 2018. Extrac
Post# of 4931
Company portfolio comprises:
"Expressions Chiropractic & Rehab, PA" and "Expressions Property Limited, LP" - wholly owned subsidiaries located in Dallas and Cedar Hill, TX - currently operates two chiropractic and rehab centers in the Dallas-Fort Worth Metroplex area.
Management has developed a business plan which includes growth through the acquisition of existing chiropractic and rehabilitation centers in the Dallas-Fort Worth Metroplex area.
Management believes that they will be able to obtain the capital necessary to acquire multiple chiropractic and rehabilitation centers in the Dallas-Fort Worth Metroplex area - in effect “Branding” the "Expressions" name and specific operational characteristics of the company.
"Split Endings" - a wholly owned subsidiary - is an upscale beauty salon located in Cedar Hill, TX.
Management has developed a business plan which includes growth through the acquisition of privately owned salons and spas in the Dallas-Fort Worth Metroplex area.
Management believes that they will be able to obtain the capital necessary to acquire multiple privately owned salons and spas in the Dallas-Fort Worth Metroplex area - in effect “Branding” the "Split Endings" name and specific operational characteristics of the company.
The Company is also actively seeking out suitable mergers, acquisitions and/or joint ventures , which would enhance our company's value.
Company websites:
http://www.expressionschiropractic.com/
http://www.splitendings.com/welcome.html
$DIGX Share Structure - TA Verified Company Profile - Updates As At Feb 28, 2018:
Authorized Shares: 2,100,000,000 - as at Feb 28, 2018 [no change]
Outstanding Shares: 1,830,612,000 - as at Feb 28, 2018 [reduced by 30,000,000 since January 30, 2017]
Restricted: 208,800,000 - as at Feb 28, 2018 [no change].
Unrestricted: 1,621,812,000 - as at Feb 28, 2018 [no change].
Held at DTC: 1,440,941,334 - as at Feb 28, 2018 [425M retired since May 31, 2017 - 150M retired May 31 > Jul 31 - 275M retired Jul 31 > Oct 31 - total 425M = very good - not available to individual investors].
Float: 1,621,812,000 - as at Sep 30, 2017 [reduced by 50,000,000 since December 31, 2016].
There has been no dilution in 2017 or in 2018.
The share structure has headroom between the A/S and the O/S and is not maxed out.
The O/S was actually reduced in 2017 - thereby increasing the headroom between the A/S and the O/S.
The 2017 Annual Report confirmed that no shares were issued for convertible debt in Q4. Only 15M total were issued in the whole of 2017.
The Attorney Opinion Letter for the 2017 Annual Report was filed and accepted on Mar 9, 2018
There is absolutely no need to even consider a reverse split (as experienced traders who specialize in stocks under .01 well know).
$DIGX was the highest banked profit stock for those that traded it correctly in 2017 due to its proven history of regular repeat runs on the excellent financial results each quarter.
A contemporaneous record of trading for every day in 2017 and to date in 2018 has been maintained here on Investors Hangout.
From my observations, a number of the most successful traders in the OTC have been creating an inventory of shares at the year bottom prices in Q4 2017, and so far in 2018, not only to trade on surges but also to deny as many shares as possible to low level flippers and to those that use disinformation and a stacked ask in attempts to get cheap shares.
263M shares have been bought at .0003 since Sep 15, 2017 - almost all by savvy traders who intentionally bid for them.
566M shares have been bought at .0004 since Aug 23, 2017 - almost all by traders who bought on the ask. Of these 131M have been in 2018 [including 51M bought in a few minutes on the ask on Jan 11].
6M shares have been bought at .0005 since Jan 19, 2018 - all by traders who bought on the ask.
The 2017 Annual Report was filed 25 days early on March 6, 2018.
Proven, excellent financial results which set off several runs in 2017:
2017 Gross Revenue: $1,980,130.
2017 Gross Profit: $1,932,177.
2017 Net Profit: $234,138 [rare in the OTC].
As expected, Q4 revenue was up compared to the average of Q1>Q3.
All net profits are held as cash at the bank and therefore available for planned brand expansion and acquisitions [rare in the OTC].
The company is rated as a "Going Concern" [rare in the OTC].
Overall, $DIGX has generally filed quarterly reports in a timely manner in the modern era (since the acquisition of Expressions Chiropractic & Rehab in January 2016).
The filing of the 2017 Annual Report on Mar 6, 2018 - 25 days earlier than the 2016 Annual Report on Mar 31, 2017 - is noteworthy. The Attorney Opinion Letter followed in short order on Mar 9, 2018.
$DIGX is OTC Current and likely to remain so indefinitely..
There has never been any awareness campaign on $DIGX in the modern era - it is successful enough on its' filed financial performance to attract enthusiastic, high-volume, successful traders with a proven track record who have significant followings.
The Annual Report confirms that no shares have been issued in consideration of promotional campaigns.
Based on the 2017 cycle, we can expect to see:
A PR to the wider investment community highlighting the excellent results in the recently filed 2017 Annual Report. At present, it is mostly only current long-term investors specifically looking for the Annual Report who have seen it.
The 2018 Q1 results and a PR either before, after or both [filed on May 16, 2017 last year].
Further PR content outlining progress with implementation of the Strategic Growth Plan.
The first step was due to be increasing the range of services offered in all offices of the Expressions Chiropractic & Rehab chain thereby increasing the profitability of each location. That action has already yielded results with the anticipated increased profitability being delivered successfully in 2017 Q4.
The acquisition of additional already profitable locations that wanted to go public was also planned as part of the brand expansion.
More savvy, OTC market off-the-bottom specialist traders - who typically buy up to 150M > 300M at the first 2 to 3 available ask price points - out of the blue with no warning in seconds / minutes to ultimately get at least 100% > 150% per run - are likely to turn their attention to $DIGX again in the not so distant future due to its' repeat run performance. This has happened on at least one stock every week in 2018 so far - including coincidentally 2 of my long-term picks. Timing will - as always - depend on the dynamics of their other trades.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.