Hil Davis Profile
Hil Davis

@Hil_Davis

2,171
Followers
102
Following
179
Media
1,996
Statuses

CEO of Digital Brands Group, building a portfolio of direct and wholesale brands.

Austin, TX
Joined May 2009
Don't wanna be here? Send us removal request.
@Hil_Davis
Hil Davis
2 years
Stay tuned. I am extremely exciting to share some exciting updates in the very near future. As you all know, timing is everything, and I have shareholder’s best interest in mind. Happy Holidays! $DBGI
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@Hil_Davis
Hil Davis
2 years
My Christmas wish was that shorts keep shorting. Excited to close the year with a bang!
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@Hil_Davis
Hil Davis
2 years
$DBGI this makes no sense, we could turn around and sell Sundry for more than our current market cap. In fact, we could sell Stateside for more as well.
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@Hil_Davis
Hil Davis
2 years
$DBGI a playbook has been created who want to end this naked short manipulation. This playbook requires front end work, esp if you want to work with the best of the network. We are taking this seriously and following the playbook
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@Hil_Davis
Hil Davis
2 years
Excited for the official close of sundry with no more dilution that will give us 20M more in revenues. We raised enough to pay for it in cash. It’s going to be a very awesome year for $DBGI
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@Hil_Davis
Hil Davis
2 years
Interesting that $GNS and $DBGI have similar 2023 revenue and ebitda guidance, while GNS has a $175M market cap and DBGI has a $7M market cap. Things that make you go hmmm…
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@Hil_Davis
Hil Davis
2 years
2/2 $DBGI for those saying we are shorting our own shares, get off the weed! We are an acquisition entity so a lower share price kills acquisitions. I guess the world is flat as well
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@Hil_Davis
Hil Davis
2 years
2/2 $DBGI as we stated in our 12/30/22 press release, we are working on the 2023 revenue and + ebitda forecast and plan to release soon. Needless to say the private markets are calling asking wtf given the massive dislocation given combined revs
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@Hil_Davis
Hil Davis
2 years
1/2 $DBGI, I know we got a lot of nasty emails saying we were lying about the sundry acquisition b/c there was no 8-K. The 8-K was filed today
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@Hil_Davis
Hil Davis
2 years
Love the NFT dividend idea, and something I had proposed this week to the CEO group. Clearly Roger was already well down this path! Forces a record date, rewards the shareholder as a customer and again forces a record date $DBGI $GNS $HLBZ $TYDE $AITX
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@Hil_Davis
Hil Davis
2 years
$DBGI while it is extremely disappointing that the debt provider had to push ALL their investments one week back, it is a week. They fund on Fridays. All docs signed and debt provider guaranteed and set the closing date.
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@Hil_Davis
Hil Davis
2 years
#Sundry poll question: do you think an expansion into athleisure or a lower priced sub brand under the Sundry label would be a better opportunity to launch next year? $DBGI
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@Hil_Davis
Hil Davis
3 years
@jimcramer I am the CEO of Digital Brands Group, was equity research analyst a decade at Wiesel, Suntrust and Citadel. Invite me to your show or call me and take the time to do the research before you make these false and ridic claims. Clearly clueless on this and happy to prove you wrong
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@Hil_Davis
Hil Davis
2 years
Why be public
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@Hil_Davis
Hil Davis
2 years
1/2 $DBGI Re: management buying, we would love to but not allowed to bc we are privy to insider info. We asked multiple times and took it all the way to the top and denied
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@Hil_Davis
Hil Davis
2 years
We get a lot of questions on dilution since we are in the process of taking action against #nakedshorts , so I want to make sure everyone understands legally per our last transaction, we are NOT allowed to issue new equity for raising capital for the next 90 days. $DBGI
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@Hil_Davis
Hil Davis
2 years
@rogerhamilton thanks for all your guidance and introductions to the teams helping you fight this! $GNS $HLBZ $DBGI
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@Hil_Davis
Hil Davis
2 years
Amazon asked DSTLD to join its apparel retail store launch, exciting $DBGI
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@Hil_Davis
Hil Davis
1 year
$DBGI earnings call Monday after close, details coming tomorrow!
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@Hil_Davis
Hil Davis
2 years
$DBGI - the s-1 filing was from the $5M deal we did a few weeks ago and not a new offering. We have to report all shares that were sold, so this is from weeks ago
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@Hil_Davis
Hil Davis
2 years
@rogerhamilton Excited for the news and all your help and guidance in solving this! $GNS $HLBZ $DBGI
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@Hil_Davis
Hil Davis
2 years
@InsidrFinancial $DBGI Very fair and balanced research! Finally fundamental work that shows the updated balance sheet, including the elimination of black oak and convert debt
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@Hil_Davis
Hil Davis
2 years
$DBGI - the form D filing today was for the completion of the Sundry acquisition and not any additional cash that was raised.
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@Hil_Davis
Hil Davis
10 months
$DBGI armistice has converted all their pre funded warrants, so no more selling pressure from them and no planned offerings from us!!!
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@Hil_Davis
Hil Davis
1 year
$DBGI, Press release coming today. Conference Call will be Monday at 4 pm EST, weblink is Excited to share news on Sundry acquisition and cash flow
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@Hil_Davis
Hil Davis
2 years
$GME up on #acquisition news. The market is reacting rationally. The idea is that they might bring in assets that are #accretive sometime in the future. $DBGI following a similar strategy of targeting complementary #acquisitions , #sundry . Market not reflecting the acquisition
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@Hil_Davis
Hil Davis
2 years
$DBGI. Private valuation of @SHEIN_News is $100 bil w/ $11 bil in annual sales. Valuation is 9X annual sales. Interesting to see such a disparity in valuations
@Apparelwatch
Apparel watch
2 years
Private Chinese Online Retailer Stuns Apparel World With $100 Billion Valuation - Forbes
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@Hil_Davis
Hil Davis
2 years
Sundry's e-com revs have doubled since mid Feb when we took over the account, spending less than $1K a day on ad spend and generating $10K a day in revs
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@Hil_Davis
Hil Davis
1 year
1/2 $DBGI: cross merchandising bigger oppty bigger than we thought! Added select Stateside products to Sundry website, Pushed email for those stateside products to sundry only email list & as Emeril says : BAM, BAM, BAM
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@Hil_Davis
Hil Davis
2 years
$DBGI State of the Union conference call tomorrow at 10:00 am EST. Dial in # (866) 605-1828, conf code is 13736884 or via the web: . Lots of topics covered as noted in press release and other topics as well
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@Hil_Davis
Hil Davis
1 year
2/2 $DBGI we are learning not limited to The Bailey Shop only cross merchandising, we can specifically cross merchandise brand to brand, a whole other revenue stream and no CAC, so super high margin and cash flow
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@Hil_Davis
Hil Davis
2 years
Sales team in nyc for fall wholesale booking appointments last week and this week, includes new retail pricing for Sundry! $DBGI🔥
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@Hil_Davis
Hil Davis
11 months
$DBGI, Interesting that we can announce we believe the company is undervalued, & we are going out to get a higher value and already have opptys for much higher value... yet the company is less valuable today than Friday. That makes no sense
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@Hil_Davis
Hil Davis
2 years
@righteousplaty Because a short squeeze
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@Hil_Davis
Hil Davis
10 months
$DBGI and only 860k s/o plus great Q1 wholesale bookings which start shipping the week of 1/15
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@Hil_Davis
Hil Davis
11 months
$DBGI, earnings release and call will be Tuesday after the close. PR with dial in info to follow in by tomorrow afternoon.
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@Hil_Davis
Hil Davis
2 years
They said our sum of the parts was way higher than current val. Three of our brands, each on their own, worth more than our val $DBGI. They can sell of 3 of our brands and make multiples of current val
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@Hil_Davis
Hil Davis
2 years
@rogerhamilton @UpstreamXchange This looks to be part of the game plan bc as @rogerhamilton said, we have to be a machine gun and not one and done $DBGI
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@Hil_Davis
Hil Davis
2 years
$DBGI will be cash flow positive in July not including the cash flow from the license agreement or higher e-com revenue that we are experiencing
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@Hil_Davis
Hil Davis
2 years
2/2 We acquired Sundry in Dec, this is the scale we needed to make it interesting to PE. Also put us on path to profitability, which is critical. Scale matters to PE & pre Sundry we weren't at scale. Why do you think the PE shops are reaching out to us now? Scale & profitability
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@Hil_Davis
Hil Davis
1 year
$DBGI proud of stateside team as another major department store adds this brand to their floors!!!
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@Hil_Davis
Hil Davis
7 months
$DBGI received a lot of questions re: if warrants were exercised when the stock ran to $13. The answer is no. We have not received any warrant conversion requests so ZERO warrants exercised
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@Hil_Davis
Hil Davis
1 year
$DBGI announces new growth drivers launching rewards program in June, proprietary affiliate channel in august and stores
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@Hil_Davis
Hil Davis
10 months
$DBGI nice to see the customers engaging in our holiday sales!!! And we are showing Summer products for Sundry and Stateside for wholesale starting this week
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@Hil_Davis
Hil Davis
2 years
@MihaSikosek We just announced the Sundry closing, that’s a bang
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@Hil_Davis
Hil Davis
10 months
$DBGI, Earnings and wholesale bookings in almost 24 hours. Excited to share the progress in Sundry since our acquisition
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@Hil_Davis
Hil Davis
2 years
As we stated on the State of the Union call, a private equity firm has started the due diligence process with us to fold us into their portfolio. $DBGI
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@Hil_Davis
Hil Davis
9 months
$DBGI… we will have a more aggressive PR calendar going forward as we have exciting things happening. We always said we needed to get Sundry in house for scale. We have that brand working now so have top line scale while we cut expenses via synergies.
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@Hil_Davis
Hil Davis
1 year
No issues with the audit, just much more documentation, back up and back and forth due to extra requests from pcaob review. Good news is super scrubbed. $DBGI
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@Hil_Davis
Hil Davis
8 months
$DBGI given last two PR that show the biz momentum and model working. Plus as we noted, more PR to come , we hope investors are seeing this is the year we can really drive shareholder value short, mid and long term
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@Hil_Davis
Hil Davis
9 months
$DBGI good to see FL trip and family office interest is so high after the visit last week!!! They did the research after our meetings and saw what I have been saying
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@Hil_Davis
Hil Davis
2 years
@rogerhamilton @BreakTheToy @palella @SteveReinharz Excited to join this group and follow the game plan that is being created $DBGI $GNS $TYDE $HLBZ $AITX
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@Hil_Davis
Hil Davis
11 months
$DBGI meeting with the i-bank, Stifel, tomorrow morning
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@Hil_Davis
Hil Davis
1 year
$DBGI Q1 earnings coming Monday
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@Hil_Davis
Hil Davis
1 year
1/1 $DBGI as we add brands, we need firms who can scale with our size. Adding Sundry created a bandwidth issue, which is why we had to file an extension for the 10-K. We needed a firm that could handle the bandwidth of Sundry, as well as additional brands in the future.
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@Hil_Davis
Hil Davis
11 months
Interesting fact based on my calls with bankers and brokers… nasdaq shells are selling for approx $7M. We are listed on the nasdaq, we have a $2.5M mkt cap. So based on this our listing is worth more than our company, good to know
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@Hil_Davis
Hil Davis
2 years
Excited to meet with the Sundry guys this week, a great brand!!
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@Hil_Davis
Hil Davis
10 months
$DBGI only 5 weeks before we start shipping our big Q1 wholesale orders!!! And we ship a lot starting the week of 1/15
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@Hil_Davis
Hil Davis
2 years
Private Equity buys companies on (1) sum of the parts to sell them off or (2) look forward based on projected cash flow and growth. When a company is cash flow +, the PE valuations increase significantly, and licensing cash flow multiples this
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@Hil_Davis
Hil Davis
1 year
#DBGI first deposit from Bailey 44 license deal hit account!!! Ramping nicely. That single license business alone is worth more than our entire market cap
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@Hil_Davis
Hil Davis
10 months
$DBGI got a question on the total share count including all the pre funded warrants from armistice that they have been converting to common, and as I said on the call almost completely done. The total share count, which is also in the Q is 860,000 fully loaded.
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@Hil_Davis
Hil Davis
10 months
$DBGI Got to love getting a nice licensing check in the mail for Bailey 44!!! Continues to increase each quarter
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@Hil_Davis
Hil Davis
2 years
1/2 $DBGI state of the union update 60 days post Sundry acquisition and post the NYC wholesale meetings for Fall bookings, which is 7/31 shipping date
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@Hil_Davis
Hil Davis
2 years
For those emailing/posting why does management not buy shares… it’s simple, we are not allowed to per SEC rules. We are privy to insider information, such as acquisitions, strategies Re naked shorting or going private discussions.
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@Hil_Davis
Hil Davis
5 months
$DBGI filing 10-K Monday after the close with conference call to follow. Will discuss Q1 trends and already booked out Q2 wholesale!!!
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@Hil_Davis
Hil Davis
2 years
@InsidrFinancial Feel free to call me to discuss your DBGI deep dive. Interesting people still trading charts and no one but PE is still doing the work and math on this. Guess that is why they have the $1B+ funds
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@Hil_Davis
Hil Davis
9 months
$DBGI (2) the annual shelf filing requirement is done, required to update every year based on year end market cap. This is cheaper & easier than filing a new S-3s registration statement every year
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@Hil_Davis
Hil Davis
1 year
@realsheepwolf Thx for doing the work! Several banks and PE shops have contacted us about joining the bidding process since our State of the Union call
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@Hil_Davis
Hil Davis
1 year
$DBGI Q1 conf call discuss operating leverage, ebitda + this fall and free cash flow in ebitda for store growth and potential share buyback
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@Hil_Davis
Hil Davis
1 year
Due to Sundry acquisition on 12/30 & PCAOB reviewing all audits of our audit firm per a routine review, there were extra steps of review bc the PCAOB is clearing all the work docs as well as our auditors. The process takes longer due to this. We are in our 15 days grace period
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@Hil_Davis
Hil Davis
9 months
$DBGI Wholesale meeting for Summer with one of our major accounts yesterday in Philly was very strong!
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@Hil_Davis
Hil Davis
2 years
@COMSovereign @DBGi $COMS, $GNS, $HLBZ, $TYDE $DBGI and more joining every week
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@Hil_Davis
Hil Davis
9 months
$DBGI (3) as we have stated publicly, we start shipping meaningful wholesale orders in two weeks (week of 1/15) and in fact one decent size order for a major account ships next week
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@Hil_Davis
Hil Davis
11 months
$DBGI the 8-K filing today was the same as the press release Monday morning re: strategic options. fundamentals matter
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@Hil_Davis
Hil Davis
9 months
$DBGI press release this morning …. Digital Brands Group Forecasts $27M to $30M in Revenue, $6M to $7M in Internal Free Cash Flow and $1.5M to $2.0M in EBITDA for 2024
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@Hil_Davis
Hil Davis
1 year
$DBGI launching its direct sales channel in one week! Very exciting growth channel
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@Hil_Davis
Hil Davis
10 months
$DBGI Florida meetings going well, people asking how it could even trade below the shell value,
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@Hil_Davis
Hil Davis
9 months
$DBGI Tomorrow is our Annual Shareholder Call & then our mandatory annual shelf filing update (been on file since Aug 2022 and never used), both are required. No offerings planned, just required. We are excited to showcase our commitment to shareholder growth in 2024.
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@Hil_Davis
Hil Davis
8 months
$DBGI As you can see from the PR, we have significant and consistent revenue growth annually with the stores alone. Then add the wholesale and e-com revenue growth on top of the store revenue. We are committed to driving shareholder value and this is one major way we can do this
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@Hil_Davis
Hil Davis
2 years
I was just asked why the PE shop would not short the stock. B/c their bylaws and mandates do not allow them to use the capital they raised to trade stocks. They are bound by their bylaws and LP agreements
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@Hil_Davis
Hil Davis
1 year
$DBGI at LD Micro conference, getting excited for the flip as the MCA payments roll off! Get back $200k a week in cash vs paying the MCA debt
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@Hil_Davis
Hil Davis
2 years
Fall wholesale bookings for all brands up y/y, and DSTLD and Bailey 44 had $0 in wholesale bookings last year, so their wholesale revs all incremental and flow to bottom line $DBGI
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@Hil_Davis
Hil Davis
2 years
$DBGI understands that the #D2C channels require a diversity of brands including wholesale marketplaces. Expansion of brands is key. This article explains. Our $15 CAC vs industry avg of $75+ proves Bailey Shop works. #Sundry #DigitalBrandsGroup
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@Hil_Davis
Hil Davis
10 months
MCOM market cap is $10M GNS market cap is $43M DBGI market cap is $2.4M Only one of these is internal free cash flow Surely fundamental investing principals suggests it’s the highest market cap company…
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@Hil_Davis
Hil Davis
2 years
Mechanics of an S-1 involves 2 to 3 days from pricing the deal to cash delivered. It’s just a function of the mechanics.
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@Hil_Davis
Hil Davis
2 years
@Fight_Melk We do have the cash, which includes the $2.5M in debt. Please read all the public filings: $7.5M cash for Sundry and $5.0M from S-1 for Subdry, which leaves $2.5M. Wait for it, the debt deal is for $2.5M. Does that add to $7.5M - omg - yes it does
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@Hil_Davis
Hil Davis
9 months
$DBGI just received this notice re: Regulation Sho... DIGITAL BRANDS GROUP INC ("DBGI-Q;DBGI-Q;DBGI-Q") - Now on the REG SHO Threshold Security List Shorts not delivering shares , playing games again
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@Hil_Davis
Hil Davis
1 year
#DBGI , I am not trying to save face, explaining so everyone understands what’s in the docs as posts were saying a bunch of Mumbo jumbo. All the moves were made to meet nasdaq listing SE requirements for our hearing in mid July
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@Hil_Davis
Hil Davis
1 year
Sorry, 4:30 pm EST
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@Hil_Davis
Hil Davis
9 months
$DBGI great wholeslae meetings this week in LA for Summer orders!!! Checking stronger than Spring bookings so far
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@Hil_Davis
Hil Davis
11 months
$DBGI , already getting inbound requests from outside parties
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@Hil_Davis
Hil Davis
10 months
So interesting how selling a nasdaq shell works, as it is really just a reverse merger and then the pre-existing company is spun out or acquired from the new entity. This means investors get part of the new entity as stockholders and then the cash from the spin out.
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@Hil_Davis
Hil Davis
11 months
$DBGI We are building the same model but as we said publicly are now generating internal free cash flow and increasing revs 68% y/y. Crazy difference in valuations, esp given the fundamentals.
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@Hil_Davis
Hil Davis
1 year
$DBGI on conference call discussed free cash flow. People asking what are comps for FCF multiples. Based on revenue growth rates of 30%+, the low end is 6x and high end is 10x the annualized FCF. As we said on the call, our monthly FCF starting in Oct will be $500K+.
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@Hil_Davis
Hil Davis
8 months
$DBGI Q1 wholesale shipments start Tuesday, which as we disclosed is $4.5M. Q2 wholesale markets are going very well; and like anything momentum begets momentum
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@Hil_Davis
Hil Davis
8 months
$DBGI Please note that as we stated in the headline of our PR that the store growth will be funded by internal free cash flow. "DBG Plans to Open 50 Retail Stores Over Next Several Years Funded By Internal Free Cash Flow".
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