$DIGX Rolling Brief - Updated May 6, 2018. Extract
Post# of 4930
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 Apr 30, 2018:
Authorized Shares: 2,100,000,000 - as at Apr 30, 2018 [no change].
Outstanding Shares: 1,830,612,000 - as at Apr 30, 2018 [reduced by 30,000,000 since January 30, 2017] [no change]
Restricted: 208,800,000 - as at Apr 30, 2018 [no change].
Unrestricted: 1,621,812,000 - as at Apr 30, 2018 [no change].
Held at DTC: 1,440,941,334 - as at Apr 30, 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 Dec 30, 2017 [reduced by 50,000,000 since December 31, 2016].
TA share structure updated as at Apr 30, 2018 in a timely manner - no dilution in 2017 and 2018 to date confirmed yet again.
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.
355M shares have been bought at .0003 since Sep 15, 2017 - almost all by savvy traders who intentionally bid for them.
601M shares have been bought at .0004 since Aug 23, 2017 - almost all by traders who bought on the ask. Of these 186M have been in 2018 [including 51M bought in a few minutes on the ask on Jan 11, 20M on Jan 19 and 13M on May 4] .
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.
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.
The 2018 Q1 Report was also filed early - by 22 days - compared to 2017.
Again the results were excellent - confirming that $DIGX is maintaining 2017's excellent performance.
2018 Q1 Gross Revenue: $486,245.
2018 Q1 Net Revenue: $478,805.
2018 Q1 Net Profit: $58,193.
All net profits are held as cash at the bank and therefore available for planned brand expansion and acquisitions [rare in the OTC].
$DIGX is OTC Current and likely to remain so indefinitely.
There has never been any awareness campaign (over and above periodic formal PRs) 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.
otcmarkets.com now has a specific symbol [megaphone icon] to denote promotion campaigns - there is no such symbol against $DIGX.
The Annual Report confirms that no shares have been issued in consideration of promotional campaigns.
Other previously filed records also show that nobody has ever been issued "free" shares to conduct awareness - as fraudulently claimed by the iHub basher "RFB" whose activities to defame the company - along with those of accomplices "munimi" and "surfkast" - have been reported to the Company Attorney.
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 2018 Q1 Report and 2017 Annual Report. At present, it is mostly only current long-term investors specifically looking for the Annual Report who have seen it.
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 and sustained in 2018 Q1.
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 5 of my long-term picks.Timing will - as always - depend on the dynamics of their other trades. It has been evident for 6 weeks now that a few more were scaling in on the ask. The inability to reload at .0001 on other stocks under the new rules will also serve to make $DIGX extremely attractive - with less shares available at each price point and 100% > 150% runs being the norm.
$DIGX remains thin to the upside for a stock currently in the under .0010 price range with less than 10% of the 601M shares bought at .0004 likely to be on the ask at .0005. Only 11% of the shares bought at .0003 are shown as offered on the ask at .0004 - the majority of these are put up late as a day trade after the open each day and probably won't be there on any news or buying at open day .
The repeat whales in $DIGX loaded for a reason - to sell for at least 100%>150% from current levels on repeat runs over the whole course of 2018 . They don't care how long they have to wait. 3 more have been noted as commenting on $DIGX again in the last 2 trading days.
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A very apposite motto for those who trade successfully in the OTC market..
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