Big Brother
10 years ago
8-K out today.
The Blackcraft fins look pretty solid IMO, nice revenues, profitable, no liabilities, can't ask for much more than that from a smaller, niche company like this.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9896949
Revenue
Product sales
$ 1,175,655
Shipping income
191,451
Total revenue
1,367,106
Cost of sales
Product cost of goods sold
368,663
Shipping costs
171,988
Total cost of sales
540,651
Gross profit
826,455
Operating expenses:
General and administrative
222,098
Executive compensation
175,000
Depreciation
428
Total operating expenses
397,526
Net income
$ 428,929
Big Brother
10 years ago
News
Started the business with $100 bucks out of someones attic and now doing over $1.3 million in sales....not too shabby for a couple young, tatted up, punk rockin', wiches....lol....j/k.
Blackcraft Inc. Announces Forward Stock Split
Blackcraft Cult, Inc. (OTCBB:MRCD)
Intraday Stock Chart
Today : Friday 28 March 2014
Click Here for more Blackcraft Cult, Inc. Charts.
ORANGE, Calif., March 28, 2014 /PRNewswire/ -- Blackcraft Inc. (formerly Blackcraft Emoji, Inc.) (OTCBB: MRCD), a recently formed media company and lifestyle apparel brand, today announced a 66.6-for-one forward stock split of its issued and outstanding common stock (the "forward split") subject to FINRA approval.
Blackcraft Inc. Announces Forward Stock Split
Based upon the company's expected growth rate over the next five years and using a discount rate of 11 percent, Blackcraft Cult expects an initial stock value of $3.00-5.00 per share. That figure reflects the 66.6 for-one forward stock split.
Blackcraft Cult's common stock will begin trading on a post-split adjusted basis on the OTC Bulletin Board (OTCBB) under the ticker symbol MRCD.
"Today represents a huge milestone for our company," Co-Founder Robert "Bobby" Schubenski said. "We feel very strongly about the brand that we have built and the announcement of our forward split is the natural next step in the evolution of Blackcraft Cult as we continue our pursuit of becoming a brand that is recognized worldwide."
Since launching in July 2012, Blackcraft Cult has quickly grown from an in-demand apparel brand to an emerging and innovative technology company. The company has plans to launch a messaging app called BCC Messenger in April, which will feature "emojis" and themes popular with Blackcraft Cult customers. Through an organic, grass roots approach, Blackcraft Cult's message and product suite have quickly gained acceptance and spread throughout the music, fashion and tattoo communities, gaining credibility and admiration across the globe. Blackcraft Cult has a band of staunchly loyal fans and a social media network encompassing over 15 million followers.
"Our brand may showcase dark imagery, but it's powered by a bright, positive message," said Co-Founder James "Jim" Somers. "We have always encouraged our followers to 'believe in yourself and create your own future' and feel that today's announcement will give our loyal supporters an opportunity to become a part of the Blackcraft Cult family in a whole new way."
Shareholders holding common stock will not be required to take any action and each share of common stock outstanding prior to the effective time of the split will thereafter represent the number of shares of common stock, on an adjusted post-split basis, following the effective time of the split. Shares of common stock held in brokerage accounts should also be credited with the split amount without further action. For more information, brokerage customers should contact their brokerage representative.
About Blackcraft Inc.
Blackcraft Inc., also known as Blackcraft Cult, is a rapidly growing media company and lifestyle apparel brand rooted in the ideal that self-realization is superior to religious indoctrination and other society enforced norms. Founded in 2012 by Bobby Schubenski and Jim Somers with an investment of $100, the company had revenues of over $1.3 million in its first 12 months of operation. The company features a product line consisting of a variety of web-based apps, apparel, branded accessories, candles and coffee. The company boasts an impressive social network of over 15 million followers and growing as of March 2014. For more information or to view available products, visit www.blackcraftcult.com and www.instagram.com/blackcraftcult.
SOURCE Blackcraft Inc.
Copyright 2014 PR Newswire
Big Brother
10 years ago
Number of the Beast
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9883818
On March 27, 2014, , the Company effectuated a 66.666 to 1 forward split (the βForward Splitβ) of its issued and unissued common shares as of April 7, 2014, the record date. As a result, once the Forward Split is declared effective by the Financial Industry Regulatory Authority (βFINRAβ), the issued and outstanding shares of common stock of the Company will increase from 744,750 shares prior to the Forward Split to 49,649,504 shares following the Forward Split. The number of authorized common shares will increase from 100,000,000 to 6,666,600,000 common shares. Fractional shares will be rounded upward. Each shareholder of record will receive a dividend certificate, rather than surrendering outstanding stock certificates. The Certificate of Change specifies that the effective date of the Forward Stock Split with the Nevada Secretary of State is March 27, 2014; however, the effectiveness of the Forward Stock Split is subject to approval by FINRA.