Still accumulating TXTM - Up 50% & thesis intacked

**My last post was 3 months ago on this forum of DD on TXTM.** S*ince then, the thesis has remained in tack (Fundamentals are even BETTER) than before.* If you are on blossom you can confirm my position is real, Never sold, Only accumulated, Some lots are up over 100% since i am a try Buy & HOLD as the price declined, fundamentals ONLY GOT BETTER, so **when we were at .003's a few months ago i kept adding, thats called a discount if fundamentals did not worsen.** My thesis from 3 months ago was once the company goes **IFRS + Uplist there would ideally be a big re-rate of the company as that asset value of 600m should explode into the billions** (And now you get access institutional investors) - This remains the thesis Company just released a big Filing, emphasis on plans to **Uplist to a foreign stock exchange** Along with the company announcing this, The owner purchases another **50 million shares,** now filed as a **form 4 on Edgar showcasing up to 830 million shares** (last update 3 months ago was 775 million in my other post) - **It should be noted Edgar filings are for extra transparency for share holders because as an OTC stock, they are not obligated to file with edgar, so out of pocket they hired broadridge financial to handle edgar filings for them** I literally said it 3 months ago, This company has the assets, and the dd says the valuation will extrapolate once the balance sheet extrapolates going under IFRS. I said uplist is when the stock will explode, and this opinion still stands, Owners/management continues to have the share holders back as they obtain shares and now put everything in black & white on Edgar Literally the Company has never harmed share holders, They are taking every preparation step to prepare the company towards uplist, and then they say on edgar the primary plan is to uplist 1+1 = 2, simply patience as they execute more ! The thesis also still stands if institutions jump in post uplist, this will retire me at 24 years old, and we are being conservative with those calculations, current 50m mcap? IFRS valuation should be in the multiple of billions, my cost basis is sub penny, at this point Uplist = Retire (For me) - stay tuned ! Disclaimer - I am not apart of the company just a guy with shares, and since reddit does not have a TXTM footprint on them, i intend to put the info on this platform as they go

11 comments held Reddit says 6 on reddit ↗

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u/AzureLainCapital OP 3 1 day ago

Here is the recent 8k Filing going over everything - (Filed voluntarily) \- if txtm gets big, remember my post on it before it got uplisted... Most people do not take chances, i do... The thesis is here, the dd is here, taking every steps in real time towards uplist and institutional investors Then they say the uplist is coming on Edgar, Some people see 1+1=2 and are telling me I am the crazy one... all the dots connect, just waiting still. I hope the 2024-2025 audits get done this month if not november After that the assumption is apply for an uplist to the foreign exchange (Its of my understanding they do not have much time before 2026 audit is required, meaning once the 2024-2025 gets done, they'd ideally utilize them asap more dd on my discord, link on my bio. https://www.sec.gov/Archives/edgar/data/1163573/000114036126038066/ef20082893\_ex99-1.htm
u/[deleted] 1 1 day ago

[removed] — already gone when the archive first saw it
u/Money-Pack-3440 2 1 day ago

Great work, glad it paid off 💰
u/AzureLainCapital OP 1 1 day ago

Not yet, The real gains will be made post uplist when instutions can jump in Far as im concerned this company is discounted by 99% still Seed vault alone has a implied value of 25 billion owned by txtm which should be reflected post uplist also (Specifically post audit implementation)
u/Cultural_Disparities 1 1 day ago

How can a stock not even be worth 1 cent?
u/AzureLainCapital OP 1 1 day ago

Stock price is determined from Market cap and Outstanding shares TXTM has Outstanding shares of 8.7 billion Meaning at $1 txtm would be worth 8.7 billion dollars market cap Companies like facebook and apple have outstanding shares in the billion but because people valuate those companies in the trillion, its price per share is big A HIGH STOCK PRICE DOES NOT MEAN A GOOD STOCK BTW https://preview.redd.it/jq4vilqhgouh1.png… For example MOST small cap companies reverse split early share holders to list onto nasdaq or NYSE This destroys early investors, it shafts them THese guys above have a $3 share price, but it has a market cap of 5 million dollars Txtm has a market cap of 50 million dollars which is 10x more than DNA yet DNA has a higher price per share So just making the point a share price can be deceiving The owner of TXTM / the company has promised NO reverse split and the owner has 830 million shares, so if they ever plan to reach $1 for instance, they plan to take every share with them up (Meaning from sub penny to $1) Hope that helps
u/Cultural_Disparities 1 1 day ago

I wanna invest but I feel like the company is goign to lie and rugpull
u/AzureLainCapital OP 1 1 day ago

I mean thats your decision, in the event my thesis is right, in penny stocks you have to be willing to take a chance, no risk no rari. Early apple/amazon/nvidia investors had to take chances, it wasnt a proven stock to most people, so the ones that bought in before the stock proving itself ended up making the most return on their money vs if you bought now when they are the biggest companies in the world Now speaking about txtm, The company is already tied to ambassadors/absa bank, the owners never diluted in 4 years and only accumulated shares. Owners also took balance sheet from $0 > $600 million They have a reputation to maintain beyond being company owners So no to say they will lie and rugpull is like saying 1+1 is not 2 Track record is there.... Foundation of the company has been made over the last year, they claim uplist is next To rug pull after that is literally illogical, its not impossible but its extremely illogical They have always executed, so now they say uplist is coming, no reason to doubt. just wait.
u/Cultural_Disparities 1 1 day ago

How much capital do you have into thief yourself?
u/AzureLainCapital OP 1 1 day ago

https://preview.redd.it/i9fatqlixouh1.png… I am higher risk most definitely, but simply 1+1 = 2 The due diligence checks out, its a bet im willing to take.