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Post# of 4930
$DIGX Consolidated DD - Extracts From Official Filings & PRs + Analysis From Observations - Updated June 25, 2018 [main changes in bold].
New President - John English of Palm Beach, FL - noted in updated $DIGX Annual List filed with NV SOS on June 12, 2018.
https://www.nvsilverflume.gov/businessSearch?...ons=Submit
https://www.nvsilverflume.gov/businessSearch [enter "DIG-IT UNDER" then open record found]
Expect a PR announcing the new President and outlining future plans which may include one or more of the following:
- Update on plans within the extant Strategic Growth Plan (promulgated 2017 Q3) to grow the "Expressions Chiropractic & Rehab" brand through the acquisition of existing profitable locations in TX that want to go public.
- New plan to expand either or both the "Expressions Chiropractic & Rehab" and "Split Endings" (hair salon) brands through the acquisition of existing profitable locations in FL where there is a high demand for such services from the large retirement and snowbird communities.
- A reverse merger for a business that wants to go public - an option which is much cheaper than an IPO - especially since $DIGX is a profitable company with a thin share structure, that is already OTC Current with filings up to date, has cash in the bank, and has a large following from significant big players in the OTC market.
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 May 31, 2018:
Authorized Shares: 2,100,000,000 - as at May 31, 2018 [no change]
Outstanding Shares: 1,830,612,000 - as at May 31, 2018 [reduced by 30,000,000 since January 30, 2017]
Restricted: 208,800,000 - as at May 31, 2018 [no change].
Unrestricted: 1,621,812,000 - as at May 31, 2018 [no change].
Held at DTC: 1,440,941,334 - as at May 31, 2018 [no change].
Float: 1,621,812,000 - as at Dec 31, 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 share structure is essentially the same as for each of the several runs in 2017.
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.
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.
I have maintained a contemporaneous record of trading for every day in 2017 and to date in 2018.
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.
Hence the relatively few shares on the ask at .0005 compared to those loaded at .0003 and .0004. The ask is of an order of magnitude that has been bought out in seconds on previous runs.
362M shares have been bought at .0003 since Sep 15, 2017 - almost all by savvy traders who intentionally bid for them.
1016M shares have been bought at .0004 since Aug 23, 2017 - almost all by traders who bought on the ask. Of these 602M have been in 2018.
324M shares have been bought at .0005 since January 19, 2018 - all by traders who bought on the ask. 152M of these were loaded June 19-22 with buys as large as 24M.
16M shares have been bought so far at .0006 [including 13M on June 22].
Accumulation has been increasing for 7 weeks now by those looking for the next 100%>150% run .
On May 4: 13M.
On May 7 (in a few minutes): 57M
May 8-10: 35M.
May 14-18: 50M
May 21-25:48M.
May 29 - Jun 1: 170M
Jun 5-8: 33M
Jun 12-15: 90M
June 18-22: 188M
.0006 is the price of entry for the first person wanting to add only 20M>30M.
Thereafter it will be .0007.
The 2017 Annual Report was filed 25 days early on Mar 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 was filed 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].
The TA continues to update the share structure on the Verified Company Profile - confirming no dilution - in a timely manner on a monthly basis.
$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.
Proven repeat runner throughout 2017:
12 runs in the last year - 4 of them in the 101% > 200% range and 8 of them in the 44% > 100% range - all with enough liquidity at the top levels to trade with ease (not momentary paint ups on a few M).
In addition, $DIGX is already effectively up 100% from the 2017 year-end bottom [.0003 > .0006] for people adding now.
Facts / dates (including mini runs on high enough volume for significant trading):
January 17-19, 2017: .0003 > .0009 [200%]
March 1, 2017: .0003 > .0007 [133%]
April 3-4, 2017: .0003 > .0006 [100%]
May 16, 2017: .0003 > .0009 [200%]
May 17, 2017 .0006 > .0011 [83%]
May 18, 2017 .0005 > .0009 [80%]
July 5-6, 2017 .0005 > .0013 [160%]
July 7, 2017 .0009 > .0013 [44%]
July 10, 2017 .0008 > .0012 [50%]
August 7-9, 2017: .0007 > .0012 [71%]
September 13-19: .0004 > .0007 [75%]
October 26: .0003 > .0005 [67%]
In addition to the PR announcing the new CEO and future plans, based on the 2017 cycle we can also expect to see:
A PR to the wider investment community highlighting the excellent results in the 2018 Q1 Report and the 2017 Annual Report. At present, it is mostly only current long-term investors specifically looking for the 2018 Q1 and 2017 Annual Report who have seen them.
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.
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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.