ORCA
2 weeks ago
FROM THE LAST FINANCIAL REPORT.CRAZY NUMBERS.BOLD SAYS??
1)Through Quarter Three,Revenue is $4,400,770 and Net Operating Profit of $1,078,388 with cash and cash equivalents of $2,054,962 as of May 31, 2024
2)-The Company has monthly recurring revenues of $488,974 with $3,557,851 in assets, liabilities of $357,476 and shareholder equity of $3,200,375 as of May 31, 2024.
3)We are currently putting marketing efforts in place to support the introduction of four additional new products that are symmetrical with our current products. We look forward to seeing the fruit of our efforts by completing the full launch in the fourth quarter of 2024 or first quarter of 2025 fiscal year.
toddski
2 weeks ago
Yup agreed on waiting to see the terms of the deal. However, if you can take the press release at face value, this acquisition should add 50 to 75 percent revenue in its first year. Within 2 to 3 years the combined silex operations could be well over 10m in Rev for the year, with a decent profit margin too. Also agreed on the purchase should not be done with stock, rather cash and some cheap debt. I wish they would have mentioned how it was paid for.
What do you think of their other two holdings, iosoft and the green one? I feel like theyre taking forever to ramp and always just one quarter away from greatness but never executing. Or am I wrong about it?
longago
2 weeks ago
The first aspect on the deal we want to see is that it was done without any RJDG stock component. Cash and debt should have been used with such a significant undervaluation in the stock price.
The second aspect is valuation. I know ORCA throws around multiples of sales which is not how investment banking is generally done. 5 times EBITDA is a fair, and currently generally accepted, metric used for enterprise valuation. This was an asset purchase only, but we should be able to see some reporting of past cash flow generated by these assets to frame the valuation conversation for both the purchase and globally for the entire enterprise.
If the CFO is still out with his injuries it would be interesting to find out who did the DD on valuation. The last set of quarterly results were not the most professional. One column has numbers to the penny and the comp from the prior year did not. Also, it looks like they have NOL carryforwards used to "pay" for current taxes but there is no "deferred tax asset" on the balance sheet to reflect the estimated future value of those NOLs.
As I have said in a prior post, I believe enough in this company, and management group, to own a significant position. It is comforting to see that they may have hired the guy who ran the assets they have now bought. We just need to see how soon they can get fulltime senior level financial personnel to help integrate these assets and implement proper internal controls.
Finally, we really need to see the year end statements to see if they hit the numbers they pre-reported.
ORCA
3 weeks ago
THE O/S AND RESTRICTED AND NONE RESTRICTED IS BEEN THE SAME SINCE DECEMBER 2021.SO THERE IS NO SHARES HITTING THE MARKET.IF IT WAS SHARES COMING OFF RESTRICTION THEY WOULD SHOW UP IN THE UNRESTRICTED.SO KEEP YOUR NOTES ON THE BOLD BELOW.IF YOU SEE ANY OF THESE NUMBERS CHANGE THEN WE KNOW WHATS UP.
RJDG Security Details
Share Structure
Market Cap Market Cap
4,312,296
09/23/2024
Authorized Shares
750,000,000
09/20/2024
Outstanding Shares
359,357,992
09/20/2024
Restricted
133,794,969
09/20/2024
Unrestricted
225,563,023
09/20/2024
ORCA
3 weeks ago
WE ARE THE ONLY TWO THAT SUPPORT THIS THING.IF WE LEAVE THE BIDS,IT WILL PROBABLY FALL BELOW .01.
THE SELLER HERE HAS MULTIPLE ACCOUNTS.I KNOW WHO HE IS.THEY OWN A TON OF THE STOCK.THEY HIT OUR BIG BIDS.CONSTANTLY IN HOPES THIS FALLS BELOW .01 AND THEN THEY REBUY THE SHARES.
DID YOU SAY YOU BOUGHT 450K TODAY??LMAOOOOOO.EVEN IF WE TALKED ABOUT IT WE WOULD NOT COME OUT WITH THE SAME AMOUNT OF BUYS TODAY.LOL.AND IT IS TRUE.MOST TRADERS ARE BROKE IN THE PENNY MARKET.THE MMs WIPED OUT 85% OF THE DAY TRADERS,IN THE LAST 3 YEARS.THE VOLUMES IN THE PENNY STOCK HAVE BEEN DEAD SINCE JUNE 2021.LIKE I SAID 3 YEARS.
Sep-24-2024
Buy 250,000 Shares of RJDG Limit at $0.0115 (Day)
Filled at $0.0115
$2,875.00
09/24/2024 Buy
Trade Details
RJDG
RJD GREEN INC
200,000
$0.0115 $3.00 -$2,303.00
ORCA
3 weeks ago
THE CAP IS $4,3 MILLION.NOW.SO 359 MIL ON THE O/S TIMES .07 PER SHARE=$25,13 MILLION CAP.IF THEY DO THE $10 MILLION IN REVENUES THAT THEY ARE SHOOTING FOR,TIMES 4 THE REVENUES WE SHOULD HAVE $40 MILLION CAP.SO MY 25$ MILLION CAP AT .07 PER SHARE IS NOT OVER PRICED.
Market Cap Market Cap
4,312,296
09/23/2024
Authorized Shares
750,000,000
09/20/2024
Outstanding Shares
359,357,992
09/20/2024
AveragePenny
3 weeks ago
$RJDG RJD Green Inc.’s Silex Holdings Division Acquires the Assets of JSI Interiors
https://www.globenewswire.com/en/news-release/2024/09/24/2952241/0/en/RJD-Green-Inc-s-Silex-Holdings-Division-Acquires-the-Assets-of-JSI-Interiors.html
TULSA, OK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- RJD Green Inc. (OTCPK: RJDG) announced Silex Holdings Inc. has acquired the assets of JSI Interiors to include the state-of-the-art fabrication system, contracts, purchase orders, and book of business. The combined revenues of the companies for calendar year 2023 was $7,813,426.
Silex Holdings Profile
Silex Holdings Inc. is a specialty construction products company offering manufacturing, sales & distribution, and installation of multiple products with a primary focus on cabinetry and stone countertops, walls, and flooring for homebuilders, general contractors, & commercial projects, remodelers & designers, and retail clients. Silex was formed in 2006 serving the Oklahoma City and Tulsa metropolis areas with a 200-mile radius of each city utilizing the original trade name, Silex Interiors.
JSI Products Corporation
Silex Holdings has recently formed JSI Products Corporation, an Oklahoma Corporation to receive the assets purchased from JSI Interiors and to be the operating entity of the acquired assets. JSI Products Corporation will operate as a Division of Silex Holdings Inc. Silex Holdings Inc. (SHI) has purchased from JSI LLC specific assets, and book of business. Key staff members of JSI LLC have been retained.
JSI Products Corporation Going Forward
Ron Brewer, RJD Green CEO stated: “We at Silex Holdings are very excited to move forward with this opportunity. We will immediately install the same business operation processes and programs that were developed and implemented in Silex Interiors that allowed us to grow from $1,400,00 in revenue at acquisition to the current $5,800,000 in annual revenue. With the state-of-the-art fabrication system acquired, JSI Products will offer excellent product and exceptional daily fabrication output capability.
“We feel the Tulsa Division, which includes Silex of Tulsa, will create $3,000,000 to $4,000,000 in revenue in its initial calendar year. Our outreach for business will be extended to northeast Oklahoma, a 200-mile radius for commercial projects. Our focus and expectations are to create a consistent $10,000,000 of profitable revenue for Silex Holdings Inc.”
ORCA
3 weeks ago
TREMENDOUS NEWS OUT 10 MINUTES AGO.READ ALL BOLD.IT LOOKS LIKE A .07 TO .10 PER SHARE WITHIN A YEAR.IMO
RJD Green Inc.’s Silex Holdings Division Acquires the Assets of JSI Interiors
GlobeNewswire
6 mins ago
TULSA, OK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- RJD Green Inc. (RJDG.NaE) announced Silex Holdings Inc. has acquired the assets of JSI Interiors to include the state-of-the-art fabrication system, contracts, purchase orders, and book of business. The combined revenues of the companies for calendar year 2023 was $7,813,426.
Silex Holdings Profile
Silex Holdings Inc. is a specialty construction products company offering manufacturing, sales & distribution, and installation of multiple products with a primary focus on cabinetry and stone countertops, walls, and flooring for homebuilders, general contractors, & commercial projects, remodelers & designers, and retail clients. Silex was formed in 2006 serving the Oklahoma City and Tulsa metropolis areas with a 200-mile radius of each city utilizing the original trade name, Silex Interiors.
JSI Products Corporation
Silex Holdings has recently formed JSI Products Corporation, an Oklahoma Corporation to receive the assets purchased from JSI Interiors and to be the operating entity of the acquired assets. JSI Products Corporation will operate as a Division of Silex Holdings Inc. Silex Holdings Inc. (SHI) has purchased from JSI LLC specific assets, and book of business. Key staff members of JSI LLC have been retained.
JSI Products Corporation Going Forward
Ron Brewer, RJD Green (RJDG.NaE) CEO stated: “We at Silex Holdings are very excited to move forward with this opportunity. We will immediately install the same business operation processes and programs that were developed and implemented in Silex Interiors that allowed us to grow from $1,400,00 in revenue at acquisition to the current $5,800,000 in annual revenue. With the state-of-the-art fabrication system acquired, JSI Products will offer excellent product and exceptional daily fabrication output capability.
“We feel the Tulsa Division, which includes Silex of Tulsa, will create $3,000,000 to $4,000,000 in revenue in its initial calendar year. Our outreach for business will be extended to northeast Oklahoma, a 200-mile radius for commercial projects. Our focus and expectations are to create a consistent $10,000,000 of profitable revenue for Silex Holdings Inc.”