Penny Stocks 2.0
7 years ago
Big 4 Acquisition/Year, National Waste Management Holdings, Inc. (NWMH) Following a Proven Path of Success
Almost everyone has seen the cartoon of a big fish gobbling up a smaller fish then getting gobbled up itself by an even larger fish. On Wall Street, growth through acquisitions has typically proved to be immensely popular for every size fish. However, successful accretive acquisitions require experienced management, extensive due diligence, and careful consolidation to unify the entities to create a whole greater than the sum of its parts.
With an objective of four acquisitions per year, National Waste Management Holdings (OTC: NWMH), has been adding synergistic assets at a torrid pace. National Waste Management is a vertically-integrated solid waste management company that in just over 18 months has acquired Waste Recovery Enterprises, Gateway Rolloff Services, Sivart Services, Northeast Data Destruction & Recycling, and Burts Refuse. While consistently increasing organic revenues, the company has vastly broadened its footprint and gained economies of scale with each targeted acquisition, with the results reflected in its year-over-year 2016 triple-digit revenue growth.
With a focus on further strategic expansion, National Waste Management currently operates in Florida and New York. The company provides comprehensive solutions for waste diversion including landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding, mulch sales, paper shredding and hard drive destruction services. While managing waste from inception to final disposal, National Waste still maintains a proactive approach to the environmental concerns of its business and actively works to recycle more and reduce landfill waste.
The company’s strategy is strikingly similar to the one employed by Wayne Huizenga in 1968 when he founded Waste Management, Inc. (NYSE: WM) and began aggressively purchasing smaller waste collection services across the country. It has since gone on to become the largest waste management company in the country and to this day still actively seeks strategic acquisitions nationwide (http://nnw.fm/kD9wM).
Using its own metrics, National Waste Management is following a proven path of success as it continues to grow both organically and through accretive acquisitions. The company has charted a course of expansion and has shown skillful execution in implementation. However, the industry, the path, the success and the similarities beg the question, how long does National Waste Management swallow other businesses before it becomes a target itself?
For more information, visit the company’s website at www.nationalwastemgmt.com
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Penny Stocks 2.0
7 years ago
161% Growth, National Waste Management Holdings Inc. Reports Full-Year 2016 Results, Triple-Digit Revenue Growth
HERNANDO, FL--(Marketwired - Apr 19, 2017) - National Waste Management Holdings, Inc. (OTC: NWMH) ("National Waste") today announces financial results for the full year ended December 31, 2016, demonstrating continued revenue growth and strength in acquisition-based growth strategy.
Full-year 2016 Highlights:
Revenues for the twelve months ended December 31, 2016, increased 161% to $6.3 million;Cash flows from operating activities for the twelve months ended December 31, 2016, increased to over $1.0 million;Acquired Northeast Data and Recycling, LLC and Sivart Services, LLC during the year ended December 31, 2016;Continued to see positive results from acquisitions of WRE and Gateway;Engaged corporate communications firm to increase shareholder dialogue and transparency;Appointed as CFO, Dali Kranzthor, and expanded board of directors;Upgraded technology to improve efficiency and reporting
Louis Paveglio, CEO of National Waste Management Holdings Inc., stated, "We executed a number of achievements throughout 2016, and are pleased to report the positive impacts of these initiatives in several respects. Our significant increase in full-year revenues was driven by the performances of companies within our growing acquisition portfolio and subsequent vertical market reach. Additionally, we enjoyed the impact of a stronger economy, an expanded customer base, and an increase in construction activity in Florida -- all of which also contributed to our top-line growth."
Revenue for the 12 months ended December 31, 2016, increased 161% to $6.3 million, as compared to revenue of $2.4 million reported for the full year ended December 31, 2015. This increase is due to a stronger national economy, better utilization of resources, the WRE and Gateway acquisitions during 2015, and the May 2016 acquisition of Sivart, which added Cooperstown, New York, to National Waste's geographical footprint in Upstate New York.
Net loss for the twelve months ended December 31, 2016, was $(765,208), as compared to a net loss of $(132,503) for the comparable period of 2015. Depreciation and amortization expense increased to $1.0 million during 2016, as compared to $271,311 in 2015. Adjusted earnings after adding back non-cash depreciation and amortization expense and a one-time non-cash impairment charge related to intangible assets of $159,977 in 2016 were $460,912 and $138,808, an increase of $322,104, or 232%. The increased adjusted earnings is attributable to the acquisitions of WRE and Gateway in 2015, Sivart in 2016, and increased operations at the Central Florida landfill.
"We continue to see exponential growth from our aggressive acquisition strategy as we pursue a strong pattern of vertical expansion," says National Waste CFO Dali Kranzthor. "Our commitment to increased corporate and shareholder value is evidenced through the steps we took throughout 2016 to position National Waste Management as a market leader in 2017 and beyond."
About National Waste Management Holdings Inc.
National Waste Management Holdings Inc. is a growing and emerging vertically integrated solid waste management company with a concentration on C&D collection, hauling and recycling. National Waste services Florida's west coast and upstate New York and is a distinguished leader in solid waste services. More information may be found at the Company's website: http://www.nationalwastemgmt.com.
HaasCat
7 years ago
Management here ought to be embarrassed.....this amount of complacency makes them look drunk + broke and I don't mind saying that cause they've allowed this stock to trickle and bleed beyond the point of me being able to hurt it with words.
When it comes to making a case for a security being a buy indictment aside, I can make multiple unrelated cases for this being a "buy"....the chart says so, fundamentally it is and psychologically it is. I'd be happy to break it down further if anyone's curious but I'm only going to say so much for now.....
What's so annoying is that management will talk to you if you reach out....i wanted to know if all the bullish tid bits i uncovered in pr's and filings are legit and they assure me everything is real and tangible.....but how many shareholders are going to screen to find this ticker, then set aside the time and mind to research this??? Not many and you can observe how dumb our market is as evidence......it means that management ought to be pr'ing left and right....The market wants to know if the acquisitions are real, if the string of profitable quarters is real, if the float really is 10-11 million shares, is our funding really structured in a way that's non dilutive??? I mean how many Otc tickers have an accredited share holder loan them a million cash in exchange for restricted shares??? How about some sort of statement regarding the bombshell we were blindsided with last May?
There's no if and or buts about it multiple cases for upside can be made and it's multiple cases that have synergistic effects when blended....in other words if everything i stated is true then NWMH is a gem......
Why am I having to point this out? What about the dimwitted IR team that were paid to rep this stock before the indicted ex president covered us with his stink?.....even before that those weak ass outfits were parroting the same lines over and over while posting old news.....they even had IR emblems in their ihub profiles which tells savvy money "hello there I'm paid to speak favorably about this stock"....it makes savvy money ignore the DD here so in addition to the IR guys bringing toddler level awareness, they make our security look questionable by even being around.
I know I'm rambling but I'm just the part time penny player I'm not the pro...I'm not an Executive here. I wouldn't be confidently acting like they're asleep at the wheel if I felt like my DD wouldn't withstand scrutiny but according to the emails and phone calls I've had with them I'm not wrong.....this is a real company and it really does have great things going for it in addition to trading at grossly depressed levels (particularly from the bid side)
So with all that said, management if you're reading this feel free to step it up.....this is getting silly. And for transparency's sake I'm conveying all of this for everyone else's well being...even tho I'm red I guarantee I'm less red than 99% of this market and I don't mind letting this bleed as we're approaching tax loss/selling season and I'm open to collecting cheaper if need be.
-HC (187)777-4444
highbidder
7 years ago
http://www.nationalwastemgmt.com/news-media/press-releases/detail/47/national-waste-management-holdings-inc-reports-full-year
HERNANDO, FL -- (Marketwired) -- 04/19/17 -- National Waste Management Holdings, Inc. (OTC: NWMH) ("National Waste") today announces financial results for the full year ended December 31, 2016, demonstrating continued revenue growth and strength in acquisition-based growth strategy.
Full-year 2016 Highlights:
Revenues for the twelve months ended December 31, 2016, increased 161% to $6.3 million;
Cash flows from operating activities for the twelve months ended December 31, 2016, increased to over $1.0 million;
Acquired Northeast Data and Recycling, LLC and Sivart Services, LLC during the year ended December 31, 2016;
Continued to see positive results from acquisitions of WRE and Gateway;
Engaged corporate communications firm to increase shareholder dialogue and transparency;
Appointed as CFO, Dali Kranzthor, and expanded board of directors;
Upgraded technology to improve efficiency and reporting
Louis Paveglio, CEO of National Waste Management Holdings Inc., stated, "We executed a number of achievements throughout 2016, and are pleased to report the positive impacts of these initiatives in several respects. Our significant increase in full-year revenues was driven by the performances of companies within our growing acquisition portfolio and subsequent vertical market reach. Additionally, we enjoyed the impact of a stronger economy, an expanded customer base, and an increase in construction activity in Florida -- all of which also contributed to our top-line growth."
Revenue for the 12 months ended December 31, 2016, increased 161% to $6.3 million, as compared to revenue of $2.4 million reported for the full year ended December 31, 2015. This increase is due to a stronger national economy, better utilization of resources, the WRE and Gateway acquisitions during 2015, and the May 2016 acquisition of Sivart, which added Cooperstown, New York, to National Waste's geographical footprint in Upstate New York.
Net loss for the twelve months ended December 31, 2016, was $(765,208), as compared to a net loss of $(132,503) for the comparable period of 2015. Depreciation and amortization expense increased to $1.0 million during 2016, as compared to $271,311 in 2015. Adjusted earnings after adding back non-cash depreciation and amortization expense and a one-time non-cash impairment charge related to intangible assets of $159,977 in 2016 were $460,912 and $138,808, an increase of $322,104, or 232%. The increased adjusted earnings is attributable to the acquisitions of WRE and Gateway in 2015, Sivart in 2016, and increased operations at the Central Florida landfill.
"We continue to see exponential growth from our aggressive acquisition strategy as we pursue a strong pattern of vertical expansion," says National Waste CFO Dali Kranzthor. "Our commitment to increased corporate and shareholder value is evidenced through the steps we took throughout 2016 to position National Waste Management as a market leader in 2017 and beyond."
Gravity
7 years ago
The bulk of their funding was in the form of a 2 million dollar note that ended up getting converted into preferreds. And I'm sure the party its referencing is an "affiliate" meaning theyd have to file before shaving shares off.
From the recent 10q
""Related Party Shareholder Loan
The Company had a note due the largest shareholder of the Company. This note was unsecured, had a maturity date of December 31, 2016 and carried a 1%
interest rate. On January 1, 2016, the Note was converted to Series B, 10% cumulative preferred stock and the note was cancelled. The total converted debt was
$2,000,000. Total related party Series B preferred stock outstanding at March 31, 2017 and December 31, 2016 was $2,000,000. Total related party accrued
dividends at March 31, 2017 and December 31, 2016 were $250,000 and $200,000 respectively.""
Still searching for drawbacks...I'm particularly interested in finding out what VFIN is up to...he hasn't seemed very active
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