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cycliq rto into VGR, page-8

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stardestr0yer

8,041 Posts.

482

08/11/16

14:55

Post #: 20453780
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Originally posted by blueballs ↑

Co has not stated when it will be profitable or given forecasts but revenue has been doubling every year, think they made a small loss last year or 500k or so if my memory serves me well.
I guess it will depend on how hard they spend on marketing etc

broker is sole supplier, you cannot get stock from anywhere else.
no stock unless you were an active client.
This means they know exactly where all the stock Is.
They shut the book straight away as already had minimum well covered and want limited solution

Have heard some well known insto names thrown around but won't post until top 20 released.

They are already tied up with storage and also moving into apparel market

Seed done at only 25% discount

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Well it is currently not profitable so Tbecker is out.. @blueballs who will be the lead brokers?
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