Today's Alert: $DRMC
UPDATE on: DRMC ~ Up 27% HOD
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Good morning , We've identified a new opportunity with $DRMC. Take a look at some of the research we've done and be sure to do some of your own as well!
Today we are focusing 100% of our attention on a sub penny company that has been on quite a ride since the beginning of 2015. Make sure you read about the company's acquisition weeks ago.
Tuesday's sub penny alert is DRMC - Definitive Rest, Yesterday DRMC closed at .0022, Huge Bounce Projected for this week..
DRMC big news released after hours.
Business Transformation Aerospace and Industrial Metals --
DRMC After Hours News!!!
CORONA, CA / ACCESSWIRE / March 30, 2015 / Definitive Rest Mattress Company (
DRMC) is pleased to announce its plans that by the end of the second quarter of 2015 it will complete its metamorphosis to its new Metals and Machine Tool operations for the Aerospace and Mold manufacturing industry sectors.
The Company will officially disband its prior mattress manufacturing operations, and announce a new corporate name to reflect its new business operations, as well as its new executive management team.
As mentioned in recent company announcements, the Company has been reshaping its business operations by acquiring NU Metals Technology as a provider of Hi-grade metals and tooling solutions for the manufacturing of aerospace part components. The Company's new executive management team will organize operations for both the Metals and Machine Tool division by following NMTI's business plan drafted by company directors for is new direction, both divisions have recently set the tone of what is to come, the Machine Tool division has the exclusive USA representation of ACCUT Machinery Ltd., a well established global machine tool manufacturer and the Metals division is actively providing metals solutions to well recognized manufacturers in the Aerospace Industry.
"We are very excited with the Company's rebirth into a vibrant new enterprise within the Metals Industry and Machine Tool industry that stretches across many lucrative sectors in manufacturing," says Juan Carlos Murga, the Company's CEO. He adds, "We will leave the old operations behind and look forward to better growth potential and shareholder value with our new direction into these two sectors in Industry and Technology."
About Definitive Rest Mattress Company:
Definitive Rest Mattress Company is an Oklahoma corporation with it's headquarter office located in Corona, California. The Company previously engaged in the manufacturing and sales of mattresses. In 2015, the Company has embarked upon a change of business direction into the Aerospace and Industrial Metals Sector Please visit
http://www.numetalstech.com/.
Quick bullet points:
- Pink Sheets current status filer. They're transparent with material events, which is good for shareholders.
- According to the most recent OTC Markets data, this is a very low float stock, meaning that it can move hard and fast. Float 138,148,800 a/o Jan 15, 2015
The first thing we must share is a chart of DRMC's Daily activity:
http://scharts.co/1BHhel1
As you can see, DRMC has treated those tracking it very well! In the beginning of this year, DRMC worked its way from .003 up to .018 for gains of 500% in just one month.
We have since pulled back close to those levels @ .0022, and are sitting at a great support area (in our opinion)! We believe DRMC will remain technically sound if the .002 area holds (at the absolute lowest).
Countless times we have seen a ticker run, pull back to previous lows, and then continue on to new highs. Is DRMC one of those plays?
Also take a look at the lower indicator - MACD. The daily MACD could signal a bullish move if the "black" line starts to cross over the "red" line.
Revenues
According the company's latest quarterly report, the company does generate sales and while not as great as 2013, still ended up with revenues throughout 2014. It appears these revenues are related to the company's original business model of mattresses and furniture.
What we're most interested in is the company's decision to move away from this model and begin pursuing the huge industry of metals manufacturing, CNC'ing, and tooling equipment.
We haven't found any revenues directly related to this business new model, but progress does seem to be moving quickly.
Recent Acquisition
On January 26, 2015 the company announced they have acquired a business that will set the tone for their 2015 objectives:
DRMC Acquires Metals Sales & Distribution
Company to Forge New Company Direction
MONTCLAIR, CA - Definitive Rest, The Company, is pleased to announce that it has acquired NU Metals Technology which is a provider of Hi- Grade Metals and tooling solutions for the manufacturing of Aerospace components. This acquisition follows the company’s previously announced new business plan into the metals industries, with a focus on the sale and distribution of Metals, Tooling and equipment for diverse manufacturing sectors, featuring the Aerospace Industry.
“We are looking forward to implementing the new business plan where new investment and business opportunities will open the doors to new and diverse markets involving Metals Technology” says Juan Carlos Murga, the CEO of DRMC. He added, “This is only the beginning of many other business ventures that DRMC is developing to expand our portfolio and to provide a bright future to our shareholders.
Here's a quick description:
In early 2015 DRMC has changed its business direction to the Machine Tool and Metals Industries and related sectors with and emphasis in Aerospace, Commercial, Industrial Manufacturing, Distribution and Sales. The company's growth plans call for the company to acquire or develop entrepreneurial companies and operations with strong growth business plans and profit potential in such industry sectors.
Good luck, traders! Keep DRMC in Your Portfolio!!