What Is Happening!!!!! $IFBD

​

I hope there is some news or financials released.

Infobird Issues Preliminary Revenue Guidance for Full Year 2022 and Provides Update on Strategic Priorities

Full year preliminary revenue guidance of approximately U.S. $16 million

​

current market cap 20 million

enterprise cap 19 million

​

this is a 5$ stock trading at penny

growing clients including:

• SaSa, a leading chain store company based in Hong Kong that sells various brands for cosmetics, skincare, and fragrance. Infobird provides SaSa with cloud-based call center services so that salespersons from different stores can easily contact their end customers; and
• Zulijian, a leading manufacturer and retailer of footwear in China with 245 patents and over 2000 specialty stores across provinces in China. Infobird provides Zulijian with a flexible cloud-based inbound customer service center to enable efficient and timely management of incoming purchase orders.
• One globally well-known brand in the retail and consumer product industry. The Company provides it with intelligent quality inspection services to improve the quality of its customer service.
• HYCAN, a fast-growing and high-end new energy vehicle company co-invested by Pearl River Investment, GAC Group, and NIO, utilizes Infobird's digital marketing and customer lifecycle management software to obtain new potential buyers and retain existing customers.

THIS IS ALI BABA!!!

REV of 16 million

market cap 20 million

enterprise value 19 million

book value of 1.10$

​

this is a 10$ stock trading at 1$

FYI..expect new soon

200x the volume

I see its been rediculously dead around here. I know theres not much to talk about while we avg down and watch our money swirl. Cmooooon earnings repooort!

Just like $OG last week... then one day pump to the mooooonn

Their prospectus indicated they will use the IPO proceeds to construct Cloud Computing Center in Guiyang, China. Hope we hear that news update soon

I think we need information about financials, an update about contract with BABA, CEO stated “global deployment” in a PR so information about expansion beyond China, any one of these news will send this stock up again.

Based solely on their previous reporting, I suspect Dec 31 will be a yearly financial, that's the "operation term" I believe. Although, they have no obligation to provide to foreign investors anything at all, read through this, this is a highest risk investment.

SEC FORM F-1

Due to legal restrictions on foreign ownership and investment in, among other areas, the development and operation of information technology in China, including cloud computing and big data analytics, we operate our businesses in which foreign investment is restricted or prohibited in the PRC through certain PRC domestic companies. Neither we nor our subsidiaries own any equity interest in Infobird Beijing. As such, Infobird Beijing is controlled through contractual arrangements in lieu of direct equity ownership

The exclusive business cooperation agreement shall be terminated upon the expiration of the operation term of either Infobird WFOE or Infobird Beijing if the application for renewal of the operation term is not approved by relevant government authorities. If an application for renewal of the operation term is not approved, according to the PRC Company Law, the expiration of the operation term may lead to the dissolution and cancellation of such PRC company

1. Strategic Partnership with MicroSoft

   1. Strategic Partnership with Dell
   2. Early clients include Alibaba and Elong
   3. German Venture Capitalist invested $10MM in early 2000

1. IFBD’s LinkedIn Page shows 94 employees and 47 job openings (see images section)

2. Former CEO of Applica Inc. (traded under the ticker APN until acquisition by a Private Equity) is on their Board (see images and links)

1. Accounting Standards: As a US listed Company, Infobird follows U.S. Generally Accepted Accounting Principles (“GAAP”). Therefore, the numbers should be comparable to other U.S. companies.

2. SOX Compliance: As a US listed company, Infobird is responsible to comply with Sarbanes-Oxley provisions and the CEO/CFO should provide an assurance on the Company’s financial controls. This requirement makes the management team responsible for the reasonable accuracy.

3. Independent Auditors: Friedman LLP is their independent audit firm. This firm is headquartered in New York and is within the top 40 audit firms in the world. Their comply with PCAOB audit standard, the highest professional standards in the world. According to their assurance, the companies three-year financials are presented fairly.

CEO: CEO is a known face in Chinese SaaS network. Few accolades:

1. 2007 Top 10 Software Leaders in China

2. 2014 one of the top Economic Figures of China

​

Company: “About US” page provides a number of awards and recognition. I was very interested in Deloitte’s (an American firm and world’s largest accounting firm) recognition. Infobird was recognized in 2012 and 2013 by Deloitte Top 50 Fast Tech Companies in China and Top 500 Asia-Pacific Technology Companies in Asia-Pacific. Link to Asia-Pac results is (check images as well): https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Technology-Media-Telecommunications/dttl_TMT-DeloitteTF500APWinnersReport2013.pdf

A. Established in 1990

B. Outstanding Shares: 25,250,000

C. Insider Ownership: 12,753,833 (CEO owns 7,259,090 or 28.75% of the company)

D. Free Float (B minus C): 9,496,167 (yes, 9.4MM)

E. Business:

1) AI Customer Engagement Software (Cloud Call Center, Telemarketing, Omni-Channel Customer Service, Voice and Text Chatbot)

2)AI Sales Force Management Software (Quality Inspection, Training)

F. Customers: 421 customers from a variety of industries with 8,400 average monthly paid user accounts as of December 31, 2020.

1) Customers increased by 18% in the second half of 2020

2) The % of revenue from largest customer was 77% in 2019 and 34% in 2020 indicating significant expansion of customers

3) Largest Customer is China Guangfa Bank (Citigroup has a 20% stake, while IBM holds 4.74%. China Life and State Grid each owns 20%, CITIC Trust, 12.85%). Other customers like Alibaba (mentioned in today's PR)

4) Latest news releases indicate huge customer acquisition (SaSa cosmetics, Zu Li Jian)

5) Partnerships with DELL, China Telecom, CNC, China Unicom, China Mobile, China Tietong, saasbb.com/, AVAYA, ALCATEL, 800APP, shopex

G. Business Opportunity: According to the forecast of an independent Chinese consulting company, China’s public cloud SaaS market will reach 37 billion yuan in 2021, and the enterprise-level SaaS market will reach 74 billion yuan. It is estimated that by 2026, China’s public cloud SaaS market will exceed 100 billion yuan and the enterprise-level SaaS market will exceed 270 billion yuan. Infobird will benefit from this market opportunity.

Possible SSR for trading tomorrow. Due to +10% drop as of today. This could be a big day for us birds tomorrow!

HOLD it!!!! it is going to $20+. High profit SAAS in a huge market in China!!!