A Situation Which Can’t be Ignored!
That’s not to say run out and buy it, but this current valuation is something that simply cannot be ignored, by sophisticated speculators – who can withstand volatility. By next Thanksgiving…
Just some pre-holiday bullet points, before we head to the beach.
We’ve been dealing with some stale numbers. But they just posted the September 30Q. As of November 16, 2023, the Company had 201,919,966 (let’s call it 202 million shares) shares of common stock.
As we’ve mentioned before, this is a fast moving company with high ambitions, which took aggressive steps to get the funding (though no toxic debt, thankfully) to implement their ambitions.
So what do we have here at 1:00, the day before Thanksgiving?
With 202 million shares outstanding the market capitalization is $9.4 million.
As of September 30th they had $1.8 million in the bank.
After an offering that took place on November 13, 2023, they netted $10,120,000, let’s call it $10.1 million.
So add $10.1 million to what’s left of the $1.8 million they had and we have trading, for what looks like less than cash!
We’re not too good at math, but that values the company at uh, zero?
A little further math is if they do decide to reverse, and they do decide at 60:1 and it’s selling for today’s same price – we’re looking at 3.4 million shares outstanding. At $2.40 with around $2.97 a share in cash. Just using the $10.1 million they raised. And nope, we’ve never seen anything like that.
Announced their latest client today signed up to their Influencer market is Kylix Life.
LQR House Partners with Kylix for Viral Content Campaign
Institutional Analyst Initiates Coverage on LQR House ‘the Liquor House’ (NASDAQ: LQR).
More to come this weekend.
About LQR House Inc.
LQR House is a premier marketing agency specializing in the spirits and beverage industry. With an in-depth understanding of market dynamics and an unwavering commitment to innovation, LQR House empowers brands to excel in a fiercely competitive landscape. The Company’s expertise encompasses brand development, pioneering marketing strategies, and dynamic influencer partnerships, facilitating clients in achieving their objectives and reaching unprecedented heights. Notably, LQR House distinguishes itself by crafting unique and tailored marketing solutions for alcohol brands. Moreover, the Company has forged an exclusive partnership with the specialized alcohol beverage e-commerce platform, CWSpirits.com. This strategic collaboration enables LQR House to measure the return on investment (ROI) of its campaigns by directly correlating them with sales, leveraging AI on CWSpirits.com to enhance the customer experience and consistently drive conversions.
*Buy rated for sophisticated and speculative investors only, please see report for full disclosure and disclaimer details.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement on Form S-1 filed with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement on Form S-1 and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Additional disclaimer. The information presented in the above-referenced report is based on the research and analysis of the publisher. The publisher is solely responsible for the accuracy and completeness of the information and the opinions expressed in the report. The views expressed therein are the personal views of the publisher and are not endorsed by or representative of the company. Client we are being compensated with five thousand dollars per month, for providing ongoing news reporting and coverage.
Investor and Media Contact:
Roland Rick Perry, Editor 310-594-8062
[email protected]
