Date : September 18, 2019
|Our New Trade Alert (EDNT)|
|Edison Nation Inc (NASDAQ:EDNT) is a particularly interesting name to put on the radar right now. The stock is finally sitting above its 50-day moving average for an extended period, with the MA now moving with an upward-sloped bias. The downtrend that placed the stock at such an undervalued price point has been broken. And the basing process has been underway for some time. In other words, the rhythm of the action in the stock has been changing, with support and bottom-building now dominating the past three months against the declines that shaped this deep value during the year prior to that.|
The catalyst for this new more bullish technical action in the popular inventors’ platform is a series of potent catalysts that have changed the narrative for the company in several important ways. One important catalyst that figures into this mix was the company’s announcement in late August of its new joint venture with 4Keeps Roses, Inc.
According to that release, 4Keeps Roses, Inc. is a Los Angeles based company that specializes in preserved roses, flowers and associated gift products. Edison Nation is partnering with the company to expand the distribution of their branded flowers that are specially treated to last two or more years. The flowers are currently sold online at https://4keepsroses.com and at a leading convenience store chain. Expansion to 3,000 other retail locations is currently underway in the U.S. and Canada.
The company also recently announced that it will be entering the health and wellness industry with its new brand Sol & Salud. According to the release, Sol & Salud embraces balancing the mind and body to achieve maximum health through its range of products. Part of the introductory product line will be a Himalayan salt lamp with an essential oil diffuser. This lamp is thought to have many health benefits such as promoting sleep, improving air quality and enhancing overall mood. The product will launch December 1, 2019 on Amazon.
And, most recently, the company announced that it is joining Bahamas’ disaster relief efforts by partnering with Juiced2Go to donate emergency mobile phone batteries. Communications noted that Juiced2Go (http://www.juiced2go.com/) develops disposable emergency mobile phone batteries, designed to connect to both iPhones and Android devices to generate up to 8 hours of talk time when other forms of power are unavailable. Edison Nation is partnering with them to send 5,000 batteries to families in the Bahamas currently suffering from power outages.
Each of these catalysts functions to solidify the growth narrative that investors have been responding to in recent months. But they also build on a platform of value that came into place earlier, and may finally be starting to pay off.
The Big Picture
Edison Nation Inc. (NASDAQ:EDNT) has, since inception, invested ~$11M to create a proprietary open innovation platform, allowing inventors to safely and securely submit their ideas to be evaluated for various commercialization paths from licensing to, most recently, crowd funding.
For inventors with a great idea, EDNT is a powerful ally. The company offers a platform covering fundraising, product development, manufacturing, marketing, and launch.
Understanding the typical crowd funding product development cycle is important for grasping the investment opportunity potential in EDNT: Edison Nation’s team of product designers and engineers work to produce a ready for production prototype, and produce media in-house to launch a crowd funding campaign. If a campaign is successful they will market the product in the “aftermarket” on sites such as Amazon & Jet. Products are generally manufactured in China with factories (“we have 10+ year relationships, generally shipping within 4-6 weeks from order”).
So, the next time you are sitting around, dreaming up the next better mousetrap, you will know where to turn to make it a reality. It’s plug-and-play capitalism for innovators and inventors.
And it’s also a fledgling and possibly flourishing content and media company, with huge synergies between its media (the “Everyday Edisons” TV show) and its larger shareholder value and growth premise (an inventor-friendly plug-and-play route to monetizing strong ideas).
At the end of the day, the most important point here is that the company is making money and providing its shareholders with strong value that should show up on the chart before long. To that point, the company just reported a very clear acceleration in Q2 top line growth, generating 36% sales growth on a year-over-year basis, to book nearly $6 million in revenues (compared to $4.39 million in the same period in 2018).
The other big jump was on the gross profit side of the equation. In all, gross profit increased 61.8% to $2.04 million in the second quarter of 2019, compared to $1.26 million in the second quarter of 2018. Gross profit margin was 34.2% in the second quarter of 2019, compared to 28.8%, in the same period in 2018. The increase is primarily a result of a favorable product mix of goods sold to customers.
Edison Nation Inc (NASDAQ:EDNT) pulled in sales of $6M in its last reported quarterly financials, representing top line growth of 36%. In addition, the company is sitting on about $1.4M in cash and cash equivalents for a rainy day.
|This report/release/profile is a commercial advertisement and is for general information purposes only. We are engaged in the business of marketing and advertising companies for monetary compensation unless otherwise stated below. The paying party may own shares and may liquidate them during the promotional period.|
PLEASE NOTE WELL: Bullishguru.com & Dailytrendingstocks.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice.
Bullishguru.com & Dailytrendingstocks.com WILL NEVER ACCEPT FREE OR RESTRICTED TRADING SHARES IN ANY COMPANIES MENTIONED AT Bullishguru.com & Dailytrendingstocks.com &/OR ANY OF OUR SOCIAL NETWORKING AND EMAIL ADVERTISING PLATFORMS.
You are reading this newsletter because you have subscribed via our Opt-In Signup form on our Website. If you have been subscribed by mistake, you may unsubscribe HERE.
This Newsletter is now owned and operated by VPN Media. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to Link Media and/or it’s subscriber base. Our website and newsletter are for entertainment purposes only. This newsletter is NOT a source of unbiased information. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Gains mentioned in our newsletter and on our website may be based on End of Day or intraday data. The disclaimer is to be read and fully understood before using our site, or joining our email list. Full disclaimer can be read at http://www.bullishguru.com
We encourage all to read the SEC INVESTOR ALERT before reading our Newsletter.
Release of Liability: Through use of this email and/or website advertisement viewing or using you agree to hold bullishguru.com & dailytr
COMPENSATION: Bullishguru.com & Dailytrendingstocks.com has been compensated two thousand dollars by Cream consulting via electronic transfer for a one week advertising services. Bullishguru.com & Dailytrendingstocks.com does not own any shares of EDNT
Bullishguru.com & Dailytrendingstocks.com does not investigate the background of any issuer or third party. They may have shares and may liquidate it, which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. bullishguru.com & dai
None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead Bullishguru.com & Dailytrendingstocks.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. Bullishguru.com & Dailytrendingstocks.com is compliant with the Can Spam Act of 2003. Bullishguru.com & Dailytrendingstocks.com does not offer such advice or analysis, and bullishguru.com & dailytre
The Private Securities Litigation Reform Act of 1995 provides investors a ‘safe harbor’ in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be “forward looking statements”. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks an uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as “projects”, “foresee”, “expects”, “will”, “anticipates”, “estimates”, “believes”, “understands”, or that by statements indicating certain actions “may”, “could”, or “might” occur. Understand there is no guarantee past performance will be indicative of future results. Past Performance is based on the security’s previous day closing price and the high of day price during our promotional coverage.
In preparing this publication, bullishguru.com &