NIA.V - Niagara Ventures Corporation

Discussion in 'Canadian Stocks Message Boards' started by TheDude, Apr 5, 2016.

  1. TheDude

    TheDude Well-Known Member

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    NIA Due Diligence Report

    NIA Quarterly Results Ending November 30th 2015

    Price: $0.07c
    Common Shares: 19,966,032
    Insider Holdings: 50%

    Financial Results

    Assets
    Cash: $722,010 - $0.036c a share in cash
    Accounts Receivable: $183,544
    Prepaid Expenses: $42,596
    Inventory: $203,203
    Property: $3,400
    Unallocated purchase price: $990,344
    Total Assets: $2,145,097

    Liabilities
    Payables: $93,465
    Loan: $31,250
    Total Liabilities: $124,715

    MD&A Highlights

    Results of Operations For the Three Months Ended November 30, 2015

    As of November 30,, 2015, the Corporation had cash and cash equivalents of $722,010 including $650,000 in a business investment bank account with a major Canadian bank. Other current assets were $429,343 and net working capital was $1,042,888.

    The Corporation’s net loss increased in 2015 as a result of the startup nature of the Blu-Dot acquisition. Sales of $98,059 in the quarter decreased from Sales of $159,299 in the previous quarter. Sales decreased as the weather cooled. Also, the previous quarter was buoyed by marketing programs and from the summer seasonally warmer weather in Canada. Like the previous quarter, gross margins were negatively affected by some of the operating changes. Margins will benefit from these changes in the longer term.

    Sales and marketing costs of $43,636 were unchanged from $45,913 in the previous quarter. Operating costs of $75,390 increased as compared to those in the previous quarter ($50,113) due to the addition of a General Manager. Public corporation costs are within expectations and include such items as transfer agent fees, listing fees, audit fees and legal fees. Public corporation costs in the November 2014 quarter reflected costs related to the qualifying transaction while costs in the 2015 quarter reflected ongoing reporting obligations of an operating company. These expenses combined with inventory and accounts receivable increases, created most of the decrease in cash in the period.

    Blu-Dot expends sales and marketing costs with two objectives; i) to identify, promote and close listings with new distributor and direct customer relationships that meet the company’s criteria, and ii) to drive consumer trial, demand and purchase of the Blu-Dot products from the store shelves where Blu-Dot has been listed. All costs and expenditures that are directly related to these revenue growth objectives are classified as sales and marketing costs.

    Blu-Dot’s revenue growth strategy for the next three years is focused on:
    1) gaining ever increasing sales velocity from each existing distributor and customer relationships via “same store” revenue increases from each store that the Blu-Dot product is sold in.
    2) attracting new listings with additional new distributors and direct customers in Canada.
    3) attracting new listings with additional new distributors and direct customers in the USA with a primary focus on the northeast US markets.

    Blu-Dot expects its revenues to grow through the 2016 calendar year resulting from increasing revenues from existing relationships and new listings in both Canada and the USA from new distributors and new direct customers. The Blu-Dot business will monitor its performance in growing revenues in each of the three methods indicated above.
    Potential New Acquisitions

    Based on its overall strategic plan, NVC expects to expand its overall business by; the successful organic growth of each of its underlying brands and product lines as well as; acquiring (or investing in) additional brands and product lines, all within the healthy better for you beverage and foods consumer packaged goods sector. As such, as a significant component of its overall corporate strategy, NVC has established a strategic plan and process with the objective of identifying, soliciting, evaluating and closing additional future acquisitions that meet NVC’S objectives and criteria. The Blu-Dot acquisition was the first acquisition as part of this long term plan. NVC is currently and will continue to develop a pipeline of potential suitable acquisition/investment targets. The goal is to be in a position to move forward with the next acquisition within the next 12 to 18 months based on a number of criteria and milestones.
     
  2. TheDude

    TheDude Well-Known Member

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    NIA Level 2, TD has been cleaning up any sellers willing to give shares away at 7c. The CEO has been buying tons of shares over the first quarter and then stopped March 31st.

    LEVEL 2 QUOTE

    Market Maker Shares Bid Price Ask Price Shares Market Maker
    123,000 0.070 0.075 5,000
    15,000 0.060 0.080 30,000
    5,000 0.055 0.090 5,000
    100,000 0.010 0.095 20,000
    185,000 0.005 0.100 10,000
    -- -- -- 0.200 44,000
     
  3. TheDude

    TheDude Well-Known Member

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    LEVEL 2 QUOTE

    Market Maker Shares Bid Price Ask Price Shares Market Maker
    15,000 0.055 0.065 10,000
    80,000 0.050 0.075 5,000
    7,000 0.045 0.080 30,000
    8,000 0.040 0.090 5,000
    50,000 0.020 0.095 20,000
    50,000 0.010 0.100 10,000
     
  4. TheDude

    TheDude Well-Known Member

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    A few cheap shares came down thanks to the same seller from National Bank that drove the price down last year.

    LEVEL 2 QUOTE

    Market Maker Shares Bid Price Ask Price Shares Market Maker
    19,000 0.040 0.050 23,000
    10,000 0.035 0.060 5,000
    10,000 0.030 0.075 5,000
    15,000 0.025 0.080 49,000
    15,000 0.020 0.090 5,000
    25,000 0.015 0.095 20,000
    135,000 0.010 0.100 36,000
    185,000 0.005 0.150 35,000
     
  5. TheDude

    TheDude Well-Known Member

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    LEVEL 2 QUOTE
    Market Maker Shares Bid Price Ask Price Shares Market Maker
    19,000 0.040 0.050 23,000
    10,000 0.035 0.060 5,000
    10,000 0.030 0.075 5,000
    35,000 0.025 0.080 19,000
    15,000 0.020 0.090 5,000
    25,000 0.015 0.100 24,000
    135,000 0.010 0.150 35,000
    185,000 0.005 -- -- --
     
  6. TheDude

    TheDude Well-Known Member

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    LEVEL 2 QUOTE
    Market Maker Shares Bid Price Ask Price Shares Market Maker
    19,000 0.040 0.050 133,000
    10,000 0.035 0.055 5,000
    10,000 0.030 0.075 5,000
    35,000 0.025 0.080 31,000
    15,000 0.020 0.090 5,000
    25,000 0.015 0.100 24,000
    135,000 0.010 0.150 35,000
    185,000 0.005 -- -- --
     
  7. TheDude

    TheDude Well-Known Member

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    We are suppose to be getting an updated corporate site this month along with presentation and more information. Perhaps a news release of some sort too? The insiders were loading up at $0.06 to $0.08 for the first few months this year, now nothing? Doesn't make sense to me unless there's a blackout period for directors. Level 2 below:

    LEVEL 2 QUOTE
    Market Maker Shares Bid Price Ask Price Shares Market Maker
    27,000 0.045 0.055 5,000
    9,000 0.040 0.075 5,000
    10,000 0.035 0.080 9,000
    30,000 0.030 0.090 5,000
    100,000 0.010 0.100 10,000
    185,000 0.005 -- -- --
     
  8. TheDude

    TheDude Well-Known Member

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    LEVEL 2 QUOTE
    Market Maker Shares Bid Price Ask Price Shares Market Maker
    22,000 0.045 0.055 5,000
    12,000 0.040 0.080 9,000
    10,000 0.035 0.100 22,000
    30,000 0.030 -- -- --
    100,000 0.010 -- -- --
     
  9. TheDude

    TheDude Well-Known Member

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    Management keeps saying that a new website with updated company info is suppose to be here soon(I'm hoping presentation) and the level 2 is so thin that a $2200 buy order would take everything off the ask side. Plus who knows what other deals could come this summer. In NIA's target procedures, they wanted to acquire a new product/asset every 18 months, well we are at that timeframe.

    LEVEL 2 QUOTE
    Market Maker Shares Bid Price Ask Price Shares Market Maker
    12,000 0.045 0.055 3,000
    12,000 0.040 0.080 9,000
    10,000 0.035 0.100 12,000
    10,000 0.030 -- -- --
    100,000 0.010 -- -- --
    145,000 0.005 -- -- --
     
  10. TheDude

    TheDude Well-Known Member

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    The directors have finally updated their website and it looks great! Now we need some more sales and perhaps a few more brands under NIA.

    http://www.niagaraventures.ca/
     
  11. TheDude

    TheDude Well-Known Member

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    Niagara Ventures grants option to buy 25,000 shares

    2016-07-26 12:28 MT - News Release

    Mr. Ron McEachern reports

    NIAGARA VENTURES CORPORATION ANNOUNCES GRANT OF STOCK OPTIONS

    Niagara Ventures Corp. has granted common stock options to Betty Lau to acquire an aggregate of 25,000 common shares of the company. This award recognizes Ms. Lau's acceptance of an offer of employment with the firm, commencing on July 25, 2016. These 25,000 options have an exercise price of five cents per share, a term of 10 years, will vest on July 25, 2017, and are otherwise subject to the terms of the option plan approved by the corporation.

    We seek Safe Harbor.

    © 2016 Canjex Publishing Ltd. All rights reserved.
     

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