january 27th 2022 we are back with a |
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uh at one of your other locations in the |
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nasdaq stocks are down 50 you know this |
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stock is only what is it that's a 16 18 |
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18 20 cents they think oh there's no |
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you're getting close to a million just |
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first three quarters we did about 16 000 |
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DATE
first three quarters
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much near a million dollars in the in |
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the fourth quarter so you know |
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know 10 grand whatever the number is |
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you know even six figures or seven |
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figures you know a million dollars in |
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that if you did a million from a dead |
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five million a quarter in a few months |
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and you know 25 million a year |
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know two you know i don't know uh |
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500 million evaluation in the you know |
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|
3.0 and i like to say what social media |
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was to web 2.0 the metaverse avatars and |
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digital identity will be the 3.0 so it |
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hit a chord because one you know it's |
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we're one of the first companies to be |
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it's only only maybe 20 market |
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digital wallet takes about one minute |
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you don't have to remember 17 words and |
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pieces so one of the things we've done |
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plan is and and our first activity is |
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play 50 minutes a day you can play for |
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five minutes a day and they can gather |
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candidly we have over three thousand |
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players uh three thousand account |
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and and one of the things that you can |
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the first phase of this is is sort of |
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aftermath you know a million bucks and |
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our own platform so we're one of the |
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we're one of the pure plays although we |
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walmart in one location in north america |
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amazon on one site but they deliver from |
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|
can order from one site so imagine |
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|
hundred dollars off your apple computer |
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you know uh you i think so one of your |
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them so i'm going to take a second |
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give me one sack |
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with me for one sec i've got a number of |
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called the web 3.0 because |
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in you know right 1.0 |
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right now if you spend 300 or more um |
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two 500 or more you get two hover bikes |
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who have spent more than five thousand |
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CARDINAL
more than five thousand
|
|
five thousand dollars or more during the |
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MONEY
five thousand dollars
|
|
have uh i've got over 500 plots of land |
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one of them though is |
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|
five hundred to a thousand people on |
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CARDINAL
five hundred to a thousand
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|
we generated you know a million bucks in |
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the last you know three four months you |
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association and 8 000 stores has gone |
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third-party partnerships to validate |
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it it did for it did for a week or two |
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mean we have been we're we're about 50 |
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|
million in revenues |
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|
doing you know million in digital land |
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|
three other people to co-chair the vr ar |
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going to have four news releases a week |
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three things there you know we we we've |
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multi-billion dollar business out of it |
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|
metaverse because because one most of |
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|
20 stock price and you know we've seen i |
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|
the investment thesis when you first you |
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|
third time or whatever it is here and |
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|
a 10 stock maybe you know who knows well |
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|
one other thing jack which question |
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|
seeing the four releases that we put out |
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|
a second |
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|
okay we're gonna start in just a second |
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|
streaming january 27 2022 |
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|
we are back with one of our favorite |
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next year the stock should be like ten |
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|
should be worth five dollars a share i |
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|
you know add five dollars in value per |
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|
i don't know 35 million in revenues this |
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|
soft logic works with over 600 home |
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|
each of those has two to five doctors |
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|
roughly 600 patients and each who would |
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|
the patient numbers here are over 500 |
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|
000 so you know we've talked about |
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|
adding 50 000 patients a year with this |
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|
keep in mind this is 50 000 new you know |
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|
an additional 36 million in revenue |
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CARDINAL
an additional 36 million
|
|
ultimately this account is worth 360 |
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|
million dollars at full deployment |
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|
month or two but um i think our |
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|
and then data soft logic is one of the |
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|
that that one client alone because they |
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|
this is okay so i thought it was 30 |
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|
million |
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|
35 million revenues you know a year but |
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|
it's 500 000 patients that they have in |
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|
that 50 000 of them each year to bring |
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|
this one account okay but this is okay |
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|
35 million revenues next year yeah 20 20 |
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|
23 i mean you're starting i think the |
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|
you're gonna you expect to be adding 50 |
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|
000 a year so that's |
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|
|
growth rate for the first couple years |
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DATE
the first couple years
|
|
it's not the only one you have you have |
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|
35 i'm just being conservative let's say |
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|
35 million you know it with |
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|
the comps in the space 20 times revenues |
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|
uh 700 million um |
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|
know 50 times so you know that could be |
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|
|
worth you know um 350 to five dollars |
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MONEY
350 to five dollars
|
|
about being at our second inflection |
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|
know 50 75 so |
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|
you know lisa one of the things i said |
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|
|
my last week was my sixth anniversary at |
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|
|
the company i joined in january 18 2016 |
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|
|
so january 18 2022 is my sixth |
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|
|
by the pandemic over the last two years |
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|
last two contracts we announced and with |
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|
uh two million a month run rate by |
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|
number now you're doing 2000 plus |
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|
24 million revenues so if this is worth |
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|
you know uh 20 x in the market i mean |
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|
lisa one thing is uh just in case |
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|
|
their healthcare business is about 4 |
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|
|
billion a year in revenue but growth has |
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|
|
15 billion a year and revenue can't |
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|
|
of relationships with um over 300 |
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|
|
with over 650 different electronic |
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|
|
know they touch over 200 million |
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|
|
venture 10 years ago so we're in very |
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|
|
know given that they do four billion a |
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|
|
know their healthcare business doing 4 |
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|
|
billion a year in revenue and feeling |
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|
for them on a 4 billion revenue top line |
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|
|
with 85 percent of all blue cross blue |
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|
|
know it's a 48 billion dollar market cap |
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|
|
implementation plans with 200 000 |
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|
|
we're looking at 50 000 a year goes out |
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|
|
a little further and then middle of 2023 |
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|
|
but it covers 500 000 patients so we're |
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|
|
talked about this we hit that two |
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|
|
million a month revenue run rate by the |
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|
|
under 50 ending up at 72 percent so |
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|
|
management is 100 per patient per month |
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|
|
our revenue is going to be 60 per |
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|
|
onboard the first 50 000 from uh this |
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|
|
plan never survives the first thing |
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|
|
over a billion dollar valuation of its |
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|
|
under 20 a share no offers below 20 a |
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|
|
you're working with these billion dollar |
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MONEY
these billion dollar
|
|
think you know 2023 is probably when |
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|
|
as i think i told you on one of our |
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|
|
visits you know we hired five care |
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|
|
managers and had over 200 qualified |
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|
know i have a million patients and i |
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|
|
want to put 50 000 on next month you |
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|
|
which is okay everything runs off one |
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|
uh okay two more questions that's a |
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|
|
third-party sellers ie aren't they just |
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|
|
six months |
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|
|
every time you add one of those clients |
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|
|
27th we are back with organic garage ogg |
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|
uh you know i think probably one of the |
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|
|
with 20 million market cap that you know |
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|
|
it has a path to you know 200 |
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|
500 million market cap uh |
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|
|
to 100 x upside potential companies |
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|
|
going after massive multi-billion dollar |
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MONEY
multi-billion dollar
|
|
um matt you know one of the reasons i i |
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|
|
know and uh the business the the two |
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|
|
don't know he's probably 20 years |
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|
|
i think he was one of the original |
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|
uh the and one of the things i saw in |
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|
|
like we talked about before it's a 900 |
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|
|
billion dollar market operator so this |
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|
again you know gary 10 he's he's chinese |
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|
|
billion and a half people we're talking |
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|
|
about a billion and a half people |
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|
|
two billion people potentially |
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|
|
one of if not the fastest growing |
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|
|
know a valuation of like 20 million |
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|
|
20 million dollars for the whole company |
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|
|
at 32 cents where it's at today uh and |
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|
|
company's doing what is a 25 30 million |
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|
|
and but there's two catalysts right in |
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|
yeah make this a 10 bag or i believe in |
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|
one of them is we have a path we have an |
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|
|
opening four to six new stores this year |
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|
|
and 22. |
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|
|
eight to ten store range and you're |
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|
|
announce four ones because it's just |
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|
|
you know roll out four store you know at |
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|
|
once as it is to do one at a time |
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|
|
opening one three six |
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|
|
to the uh to the eight to ten store |
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|
|
two paths actually three paths for this |
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|
|
thing to be like a uh you know 250 to |
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|
|
five dollar stock a 10 to 20 bagger uh |
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|
|
path number one is uh let's say you just |
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|
|
roll out four to six new stores and |
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|
|
if you roll out the four to six new |
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|
|
60 million dollar plus run rate right |
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|
|
well suddenly you can get a three four |
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|
|
five times multiple based on revenues so |
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|
|
a five times uh multiple you know |
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|
|
uh 300 million valuation which would be |
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|
|
you know what's six bucks a share |
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|
|
uh path number two |
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|
|
business the 900 billion opportunity um |
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|
|
have four skus right |
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|
|
one we keep a pulse on the food industry |
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|
|
we launched our first products in late |
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|
|
four four new skus in basically like six |
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|
|
or eight weeks it was tremendous |
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|
|
written up in veg news as one of the |
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|
|
the future cheese side which was four |
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|
|
main catalysts which was one |
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|
|
second of why we're we're heavily |
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|
|
one number two was to perfect the the |
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|
|
last four to six skus that we |
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|
|
we have in the pipeline to get to ten |
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|
|
heavily focused on getting to the eight |
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|
|
to ten skew mark |
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|
is to get to the eight to ten skus |
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|
you're only going to them with one and |
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|
|
they say no to one well what else do you |
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|
|
so eight to ten gives a great compelling |
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|
|
number three uh catalyst is to link up |
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|
|
with you know one maybe two uh |
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|
|
number four was to reach you know i |
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|
|
mentioned 500 doors but we're feeling |
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|
|
thousand doors in the first year |
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|
|
in the first year going first point |
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|
|
we feel even hitting up to a thousand |
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|
|
you look at those four key catalysts you |
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|
|
uh 10 skus uh with an average turn rate |
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|
|
of one case per sku per door so you know |
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|
|
and this is going back to 500 math not |
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|
|
even a thousand door basketball we'll |
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|
|
focus on 500 door mats |
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|
|
500 doors |
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|
|
one case per sku per week per door with |
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|
|
an average unit cost of five dollars to |
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|
|
one case six retailers will sell less |
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|
|
than one case which is why i say one |
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|
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a five dollar unit cost pack six is a |
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7.8 million dollar a year company that |
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okay so once multiply that by two if |
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you're hitting a thousand dollars so |
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thousand doors uh that is the runway |
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first so what what we could expect i |
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next 12 months right yeah is that the |
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thousand stores in the u.s mostly u.s |
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your thousand plus stores |
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and that'll generate roughly uh 15 |
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million based on the numbers you said |
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but our goal is during this next 12 |
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to growth uh through a thousand doors at |
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90 000 doors so if when you're saying a |
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thousand it's not like you know yeah |
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thousand doors right uh year number two |
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you might be in three thousand doors uh |
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and doing you know forty five fifty |
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million you have more skus |
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place you you have the two co-founders |
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brand we feel the four milestones that |
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we feel the four milestones are |
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let's say you do you know 50 million in |
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the first year right thousand stores |
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more nasdaq a lot of stocks are down 50 |
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you know 10 times revenues for companies |
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so if you can get the 50 million a year |
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one uh you know year two the more again |
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you doing 50 million runner a year one |
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you know 25 million a year too |
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so that's 250 million valuation right |
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five dollars a share so matt actually |
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potentially this could be a ten dollar |
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the way i'm being 100 serious i know |
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by themselves each one of them |
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you know 250 million plus so potentially |
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500 million valuation |
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250 |
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those four key catalysts uh you you know |
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throw out 50 million those i mean that's |
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the canada market the four stores that's |
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that's why i outlined those four key |
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distributor and a thousand doors and uh |
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those are four very uh achievable |
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milestones for the for the next 12 |
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you know 20 million valuation |
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mean you're dealing with 25 30 million |
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you have where this can be a 500 million |
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double you know just four more stores |
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the upside is again 500 million that's a |
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that's a 25 to one upside to where the |
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QUANTITY
25 to one upside
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yeah 10 basically stock could be 10 |
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bucks 50 million shares out 500 million |
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sign up at least one uh cult backer |
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excuse me during the first quarter |
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maintaining our four existing skus uh |
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know they're probably 75 done so they're |
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|
say even the first week of november and |
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DATE
the first week of november
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|
then we basically had five weeks to |
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he's got like uh three four kids they |
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used to stop to go to 10 bucks i mean uh |
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versus the next one to two quarters |
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|
over the next you know 18 24 36 months |
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|
you have one |
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|
you have like three million in cash we |
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|
have north of two million in the bank uh |
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i mean uh we had your guy what is it one |
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|
should only be one you know our job is |
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|
we're not uh a thousand stores here in |
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|
z was it gen z or whichever one the one |
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|
in their 20 30s early 30s many many |
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|
these four or five store buildings with |
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|
you can fit like a 5 000 10 000 square |
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|
want to walk two blocks and get |
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|
anchor and then you extend that one |
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|
space which is the the one of the only |
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|
you add up all those three things from a |
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|
i think once there's the first organic |
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uh no really so there's two massive |
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|
opportunities and two massive um |
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|
you know that's a path to 250 million |
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|
valuation right there based just on 15 |
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|
million revenues |
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|
know you announce four to six new stores |
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|
250 uh 250 maybe even 300 million so |
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|
a 500 million dollar evaluation which is |
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|
25 x from here so that's almost 10 |
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