| |
|
12.06.09: TimelessWealth.net: Discovering an Undervalued Market in Next, Inc. (NXTI).
With
retailers primed for a boost heading into the holiday shopping
season, Next, Inc. (OTCBB: NXTI)
may stand to benefit from a rapidly recovering retail market and
a rapidly growing e-commerce (online shopping) presence.
Next, Inc.
reported their first profitable quarter in 2009 (Q3) amid a
sluggish retail market. The company recorded earning $0.003
/share, compared to a loss of (0.04)/share for the prior period
(Q2). Source.
Sales revenue
for Q3 2009 exceeded $5Million, or revenue of $0.187/share. Based
on 27,390,055 shares issued and outstanding, Next, Inc. (OTCBB: NXTI) is capitalized at an absurd $1.67M! In the event the market adjusts to a 1X
quarterly (to be conservative exempt accounting for an annual
period) sales multiple, an investment in NXTI could represent a
return of 207%.
Insider
ownership accounts for approximately 53% of Next Inc.’s total
issued and outstanding shares, according to yahoo finance. In 2008
insiders purchased a combined 3,337,750 shares at an average price
of $0.125/share. Source.
Of the
remaining 12.78M share float, institutional investors, such as the Fidelity ContraFund, who control 1.3M shares or
approximately 10% of the float, reported ownership in this
creative and innovative sales and marketing organization, on the
company’s fiscal year-end (11/30). Source.
Institutional investment seems to imply that the risk/reward
factor is well in favor of investors in Next, Inc. (OTCBB: NXTI).
Next, Inc.
designs, develops, markets, and distributes licensed and branded
promotional products and imprinted sportswear primarily through
major college and university, motor sports and other major
promotional key licensing agreements and the Company's own
proprietary designs. NEXT is one of the dominant companies in the
highly fragmented licensed promotional products and imprinted
sportswear industries. Source.
The Company's
licensed and proprietary products include:
-
Approximately
200 licenses and agreements to distribute its Cadre AthleticTM,
and Campus Traditions USATM line for most major colleges and
universities in the U.S.
-
Licensing
agreements with Chevrolet®, Pontiac®, Hummer®, Cadillac®,
Buick®, Corvette C6®, Dodge®, GMC®, Chrysler®, Plymouth®, and
Ford® for their respective "branded" logos for the RPM Sports
USATM motor sports line, targeting the automotive dealership
network and automotive venue markets;
-
Proprietary
designs including American BikerTM, American WildlifeTM, Ragtops
SportswearTM , Campus Traditions USATM and Cadre AthleticTM,
among others;
-
Licensing and
distribution agreements with Sturgis "Bike Rally", Indianapolis
Motor Speedway, GRITS, and Rivalfish. Source.
Staff at
TimelessWealth.net continues to engage in due diligence activity
to appropriate a fair market value to this overlooked sales and
marketing organization. As bullish technical signals, for instance
new 52-week high(s), continue to frequent Next, Inc.’s (OTCBB: NXTI) market, many investors will
discover a successful, profitable company with sizable insider and
institutional holdings, and will appreciate the price per share,
as a result. Staff at TimelessWealth.net will dedicate a subsequent newsletter focusing specifically on the high-growth
industry, recovering sector, and enthusiastic market data that
concerns Next, Inc. We encourage our members to engage in their
own due diligence activities and to contact our Staff if any
questions, comments, or suggestions may arise.
More: click here...
Sincerely,
Edward Stevenson.
Timeless Wealth Staff.
 Join Us 
|
|
