$VMHG Gets Approval for $10 Mil at $1 PO. PT still $10+An offering 2.5x above the current price is indicative of a major deal in hand. Look at a larger but comparable business; google.com We’ve been told and shown that $VMHG is working on their up-listing in addition to acquiring a manufacturing partner.
twitter.com
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VMHG
$VMHG Creates Public Offering of $10 Mil at a $1.00$VMHG One of my favorite plays since our alert at around .15 earlier this year recently published a filing for a $10,000,000 offering at a price of $1 with a minimum investment from investors of $10,000
Filing: www.otcmarkets.com
The offering which is very bullish represents a valuation of twice the current price and puts the company in a good position to eventually up-list without a R/S with 50% of the proceeds of the offering going towards acquisitions and another large chunk going towards inventory.
Click the links below to go to more DD on $VMHG
PPS target still $10
$VMHG Revs 47% Y2Y Profits 148% Y2Y New Global IR Firm News!!!Victory is up nearly 100% after dropping stellar news today about its financials and announcing the establishment of a global IR firm that has over 26 years of experience in IR, PR and investment banking relations.
Put that together with the amazing results we got for the 2020 year ended and you can see why my PT for this is still over $25+
This management team has been working hard over time behind the scenes to get the job done, and I believe this will be the first of many updates as the company continues to grow in the boating and yacht community.
$VMHG Breaks out on Volume as it preprs to test $5+ on Next Leg$VMHG Which has dropped all the necessary filings for Pink Current except the Attorney letter and has released news lately of partnerships and deals in South America for its Yacht business broke out of the consolidation downtrend today to close almost at HOD with a severely bullish candle.
The company is expected to go pink current after which news of any major deals in the works should come to light and be announced to the public.
The last year has seen a growing major demand for yachts and by no exception I anticipate Victory Yachts will profit greatly from that and we should see those results very soon.
www.cnbc.com
The anticipated PPS for the next leg is around $5-$7 then another major leg after that should take us past $10+
All IMO
$VMHG Exclsve Dstribtion Deal Thrgh Subsidiary in South America$VMHG Has received exclusive development, distribution and service of ArmaCraft Delivery Crafts through its subsidiary Stealth Marine a new Government Military division will administer and strategize market introduction.
www.accesswire.com
ArmaCraft is a developer and builder of composite patrol vessels with market leading performance capabilities. Its new generation Trident program, ArmaCraft's most efficient and versatile submersible high-speed diver delivery crafts to date, is scheduled to begin sea trials in 2021, with market delivery expected in early 2022.
Market expectations are extremely high regarding acceptance and potential demand for what is widely considered a new vanguard weapon in the fight against drug trafficking and human smuggling.
Armacraft CEO Richard Jonsson says: We are very pleased to work with Victory Marine Holdings in Central America. They are well connected and professional, I am sure their new subsidiary Stealth Marine will be a great ambassador for our brand and innovative vessels, especially now with the launch of our new breed high-speed diver delivery craft's that Navies around the world can afford to keep in their fleet.
$VMHG Follows Breakout Pattern to a T as it heads over $3+$VMHG Has been on a steady breakout since our alert around the .15-.25 range The company HQ'ed in Miami Florida, has been making strides in the boating and yacht industry becoming the exclusive distributor for Chaparral and Robalo boats in Costa Rica.
www.otcmarkets.com
Currently all filings are in and the attorney letter is anticipated to drop this week with pink current by early next week after which institutional buying should ramp up sending the stock to our price target of $10 (Which we have now revised with everything factored in and seeing that the current float is actually 2.8 Mil and not the unrestricted shares we see on OTC markets to a new PT of $20)
More DD on the company are in past posts below check them out!!!
$VMHG Continues Its Climb North After Dropping Multiple Filings$VMHG which has seen a major move in its stock since the company's first shareholder letter has been slowly progressing and accelerating to a breakout point past $1.50
The stock which has potential partnerships with $MPX and $BC too tickers on the NASDAQ that deal in the yacht niche market dropped multiple filings today ahead of its progression to pink current.
The company is anticipated to drop its Attorney letter sometime in the next day or two after which pink current could come as soon as Monday next week or Friday this week if its dropped today.
The company has stated that there will be many updates on the horizon and anticipates great things this year.
Personal Price target is still at $10+
$VMHG Continues its Massive Uptrend Towards the $10 PT$VMHG Has moved several hundred %age points since the last update.
In the last update I laid out all the basic DD on why this will most likely end up like $CMGR and $NXMH did moving from .0s to over $15 each.
The company released an update for the first time earlier this month, the first time in 2 years stating they are working to go current and provide updates and they have been dropping filings the last few days.
www.otcmarkets.com
Accumulation line has also gone through the roof and it is basing nicely around $1 before it begins the next move up.
Website: victoryyachts.com
Twitter: @Victory_Yachts
Instagram: www.instagram.com
Pinterest: www.pinterest.com
OTCM: www.otcmarkets.com
A more in depth DD compilation is in the attached related idea.
Not included however is what was found recently that they have been tagging not only $MPX but also $BC
These are billion dollar companies on NASDAQ and NYSE.
It doesn’t take very much stretch of the imagination to realize that they may announce some kind of partnership or merger with these marine industry powerhouses.
Also not included is just how short the shorts are on this stock. It is MASSIVELY shorted. I do anticipate a short squeeze once $1.25 is broken which should be this week.
Long term PT remains $10ish
$VMHG Mega Yacht and Speedboat Broker Co. Breaks Out PT $10Victory Yacht Sales is a world class yacht sales, brokerage and consulting firm with over 25 years of experience in the boating industry.
victoryyachts.com
Two of Victory's listed upcoming builds the 2023 Bloemsma
victoryyachts.com
And the 2024 Centauro
victoryyachts.com
Both have a similar futuristic design to Motor Yacht A which sold for $350,000,000 a few years ago
en.wikipedia.org(motor_yacht)
Some of the Mega Yachts where the prices are known don't go for cheap either like the Illusion Plus which goes for $145,000,000
victoryyachts.com
And there are over 4,000 similar listings to those Mega Yachts on their website
The company also sells smaller local yachts located in South Florida near the company's yacht and boating HQ
such as the $2.8 Mil Johnson
victoryyachts.com
The company also sells speed, racing and fishing vessels at their HQ in Miami.
More recently the company tagged another company $MPX in a tweet:
twitter.com
Marine Products Corp.
This company HQ in Atlanta is a $2.6 Billion dollar NYSE company and is currently trading at $19
www.marineproductscorp.com
News is said to be coming soon on $VMHG, will it have something to do with $MPX? One can only assume. Yet the chances are good.
The company has also tweeted that they are the exclusive dealer of Robalo and Chaparral Boats in Costa Rica:
twitter.com
Giving them a large advantageous footprint in that area.
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$CMGR .05 to $18
$NXMH .05 to $14
I'm thinking $VMHG will be the third huge mover for 2021
Personal PT: $10