NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.

Are you a fan of online casino games and want to know more about the Ethroll Casino? If so, this article may interest you. The Ethroll Casino has become one of the most popular casinos when it comes to online casino gambling. It is a top ranked online casino that offers great deals to players who want to play online casino games. This article will explain why this casino is so good, and what players should expect when they play at the Ethroll Casino.
As you can see from the above image, the website is fairly new. In fact, the website was launched just three months ago. Although there are many other online casinos that offer free gaming to visitors, players will have to spend money to get into these games. You can also find out more about how to play at the Ethroll Casino by visiting their online casino site. If you want to play free poker, you simply have to sign up on the website, give personal details, and then you are ready to go.
Another great thing about this online casino is that there is no deposit needed to play. Players who want to play in the casino need only to create an account. Once you create an account, you can start playing. There are no limits as to how much money you can play, and no risk of losing any money at all. This means that players who like to play high stakes can take advantage of this feature as well.
To take full advantage of this fantastic offer, it is important to remember that you need to make sure you have a computer with enough processing power to handle the graphics on the Ethroll website. Although you can use your broadband internet connection to play at the casino, you may not be able to use the best graphics. This is a problem that affects many people, and it is one of the reasons that this casino offers a free option.
There are numerous games available at the Ethroll Casino, so players do not have to spend a lot of time choosing the ones they want to play. The games include slots, blackjack, roulette, baccarat, craps, and even video poker. The graphics are very smooth and attractive, so it is easy for players to make use of their PC to win. Since most of the slots are Progressive slot games, it is possible to place a number of bets after pulling the handle. The same is true for the baccarat tables, where players can choose between multiple denominations.
To play at the casino, all you need to have is a valid email address. You will also need a valid credit card, or PayPal account. This is because of a few problems that may occur if you don't have either one of these. Most of the problems that may occur at the casino are due to your credit card or PayPal not being valid, so make sure that you have these things before entering any online game. Once you have successfully made a payment through your email account or PayPal, you will be able to access the Ethroll Casino, where you can start enjoying the games, including the popular roulette game.

Ethroll Casino is definitely one of those new member of the top list of online casino names. They are currently ranked at number six in the top twenty online casino sites. The reason that they have been chosen as one of the best online casino names is due to their unique betting system which they call the Crypto Casino. Their system uses a hybrid of statistical and mathematical calculations to ensure a high amount of uncertainty when placing your bets. This is what makes the difference between losing hundreds of dollars and making back thousands in just a few minutes.
The only way you can understand how much uncertainty is involved with the betting system used by ethroll casino is when you read their official web page. On the site they tell you everything that you ever needed to know. From there, you can find out all that you want to about this revolutionary game and how they're planning on taking it to even the next level. You also have access to some great online casino offers. For example, you can get an exclusive promo code for a deposit of ten dollars or more. This promo code can give you a percentage of your deposit, that you can keep, should you decide to gamble with your winnings from the ethroll casino.
Like many other online casinos, ethroll casino also offers a variety of different games including slots, video poker, blackjack, roulette, baccarat, and much more. However, one of their specialties is the blackjack game. Their unique betting system, called the Crypto System, allows you to play games like blackjack, no deposit baccarat, and even live tournaments for free. They are dedicated to making the gaming experience fun and exciting while still ensuring that players do not lose too much money. This is important to many people who have spent years playing the same games over again in different casinos across the country.
If you're looking to sign up and deposit your name and credit card information, all that you need is a quick internet search to find out how to do so. Once you're ready to get started, all that you need to do is to choose what kind of casino account you would like. This depends upon whether you're interested in playing the slots or the roulette table. If you're going for the slots, then you will be restricted to playing a maximum of five games at any one time. If you'd like to try the roulette table, then you can play up to four games.
As you can see, playing an online casino for free is pretty simple and easy. The one thing that you need to remember is that you should always read the rules and regulations of any website before you make a deposit. Many times you will find that there are some websites offering bonuses and promotions that are only valid for a limited period of time. In order to take advantage of these, you may have to wait a while for your bonus to kick in. However, it is definitely worth it considering how much money you can win on the following spins of a wheel.
What's more, if you want to play a game for free, then it is possible to do so without having to deposit anything. Free roll games are offered by many online casinos as a promotional feature for new players. By signing up for their newsletters, you can be notified when new bonuses are available. All you have to do then is log into your account and start playing for real money!

Ethroll Casino is just one of those new member of the list of top internet gambling names. There's already a ton of hype going on about how many players can win, while that might be accurate. The catch lies with the fact that there are so many different variations of the game, and that there's a possibility that someone could lose every single hand at any given point during the game. If you're looking to play Ethroller, you'll want to know about all the variables in the game, including the variable "payout".
There are several things you'll want to keep in mind when looking at any kind of casino game, and this one should be no different. First of all, you need to remember that luck has nothing to do with whether or not you will win. You will always have a certain set of cards, and you will always have a certain amount of time until the game ends. Everything else in the game is entirely up to you, and the choices you make along the way. Just remember that in the end, it's all about choice, and that you make those choices with care.
The next thing that you'll want to keep in mind when looking at the Ethroll Casino game is what it offers players. The first thing you'll want to do is make sure that there are a variety of games available for you to play. There are multiple types of casino games available for you to choose from. Whether you like slots, roulette, blackjack, or even video poker, there's a place for you at Ethroll. Plus, each game will offer players a different experience.
A great feature that most casinos will have is an online casino website. With a good casino website, you can play all of your favorite games right from your own computer. You'll want to make sure that you check out the features of any site you're thinking about playing at. For example, do they give you free real money, or just a bonus account for playing?
You'll also want to make sure that the game you choose is actually fun to play. In other words, don't make the mistake of choosing a game that is too hard to understand. While most people won't necessarily have problems understanding a game, it's still a good idea to take a gamble on whether or not you'll be able to get along with the game. Once you do find a game that you can get along with, you'll want to stick with it. After all, you don't want to lose money trying to make it back as you lose your money in the first place.
Keep in mind that you should always play at an online casino that offers free play. This way, you won't feel obligated to bet or put money into the system. You can enjoy playing without worrying about your finances. This is a good idea even if you're just starting out. If you do decide to play at a ethroll casino, make sure that you're prepared to enjoy yourself!

The makers of the Ethroll casino are taking their place as a leading online betting site. But why do they believe in their skills and competence to entice more online gamblers? What is it that makes them one of the best choices of any casino games? The answers to these questions will determine whether or not players will be able to get the most out of playing with their Ethroll casino money.
The Ethroll has a lot to offer any gambling enthusiast. It offers a variety of features that sets it apart from other casinos. For example, they offer one of the best customer service experiences when it comes to making suggestions and changes to the gaming policies. In addition, they allow players to play the games for free and give them tips on how to have the most fun while playing their favorite games. These factors will undoubtedly give the gaming public high hopes and a strong sense of faith in the Ethroll.
There is no doubt that the creators of the Ethroll casino are fully aware of the gaming community's concerns about online gambling. This is why they made sure to include measures that will protect against any fraudulent activities. Their security measures work without fail, despite the volume of traffic that the website receives. In order to ensure that all transactions are secured, there are various layers of authentication that the site employs. Each transaction is checked using advanced technology to ensure that the identity of the buyer is indeed who is saying he/she is. This is done to avoid the possibility of someone impersonating another buyer, or stealing his/her identity and transferring funds to his own account.
It's interesting to note that there are many people out there who have played on this site before, but are wary of playing on an unknown website. With the help of Ethroll reviews, they were able to find out more about the site and make up their own minds whether or not to play there. The review system on the site is very reliable, allowing players to give honest feedback about the benefits and disadvantages of every single game offered. These reviews are also color coded for easier browsing and can even be downloaded to your personal computer to keep you updated on the latest news on the Ethroll casino's performance.
The gaming options available to players are pretty varied. No matter how you choose to play, you will definitely have something to do on the Ethroll casino. There are progressive slots and roulette games for those who prefer to play in these modes, and a host of games to fit just about any interest. There is even a special slot for those who like to play with video poker. Whatever your preference, there's bound to be a game that will suit your interests and leave you with a sense of enjoyment.
Overall, the Ethroll Casino is well worth checking out. If you are looking for an online casino that offers a wide range of gaming options and is secure, then the Ethroll site is one you should look into. You don't have to worry about spending too much money or signing up for any lengthy monthly contracts. What you do have to worry about is reading through the hundreds of reviews left by previous players. With so much positive feedback, it's easy to see why this casino has been steadily growing in popularity.

Slot joker is a well-known slot machine in a casino that offers many different games for players. It is also tailored to spin at least 3 times whenever you press or push a particular button. It's great for professional gamblers, but a bit difficult for beginners. This article will give you the basics on slot machine online and how to win big with it.
To start, let's go over the basic slot machine online strategies that you can use. One of the best strategies when playing slot machine online is to play multiple casinos. Do this by signing up with a number of online casinos and getting bonuses or cash prizes from them. Once you've gained enough experience, you can try your luck in other casinos as well. With multiple casinos, you increase your chances of winning since you can play in different casinos with each one of them.
Another strategy that you can use is to know which online casino games you prefer. If you are a newbie, you may not know which games you'd rather play. By learning about the slot machines in various casinos, you'll be able to determine which game you like the most. Aside from slot joker123, there are other popular online casino games among gamblers.
One online slot joker123 gaming machine that you can try out is the Blue Cat Casino. This gaming machine offers you two kinds of casino games: Video Poker and Blackjack. With Blue Cat, you'll be paying real money. But since you're just starting out, you can play for free. It's a good idea to practice using the slot joker games until you feel more confident.
If you want to get more cash, then the best way to win is through slot machine winnings. In Asia, the joker slot machine has been a favorite of many players because of its consistent payouts. Players are assured of getting their winnings even if they lose one or two times. The Internet can provide you with helpful information on different slot machine gaming. You can find out which online casinos offer this gaming machine and read online gaming reviews. You can also learn more about Asian countries where this slot machine gaming is very popular such as Indonesia, Thailand, and others.
Slots are fun, exciting, and good forms of gambling. They can be played anytime of day, any day of the year. There are many slot machines in Asia that offer better payouts, so there are many reasons for a person to choose Asian gambling games as their preference. With its easy availability in many countries around the world, it will not be long before slot machine games asia take over the American version of slot machine gambling.

The Ethroll casino is one of the newest members of a long list of memberships that includes not only the wildly popular online bingo hall but also the rapidly growing realm of virtual poker and the incredibly popular internet gaming rooms, such as Poker Stars, Ultimate Bet, Interval Sports, Fair Isle, and Party Poker. ethroll, which has been hyped as an ether Turbo Poker Machine, is an offshoot from the highly successful and much loved online poker hall, Poker Stars. However, what makes enroll such a potentially great success is that it combines the best aspects of both. In short, ethroll casino gaming is like playing poker in a virtual casino.
One of the great things about playing online casino gambling is that there are virtually unlimited possibilities for personalization. For example, many online casinos feature a wide variety of different graphics, sounds, colors, and even backgrounds to set the mood for any given game. If you want to play poker in a particularly bright light or with a particularly funky background, you can do so. Likewise, if you want to play your favorite sport, the website will allow you to do that as well. ethroll casino makes these options available in an effort to cater to as wide an audience as possible.
This customization aspect extends to the actual games themselves as well. Each virtual table is customizable to the extent that you can alter each game, and the features that you enable. For example, you can enable a number of different betting denominations for your bets. You can also select which cards you would like to deal with during each hand of play. These options make each game a truly unique experience, and no two games will ever be exactly alike.
As is always the case when you are playing any of the top-rated casino games online, there is plenty of action for you to engage in. While online casinos go all out to ensure that the games are thoroughly entertaining and engaging, they also make every effort to ensure that the sites themselves offer a very fast and reliable playing experience. This is both because playing on the Internet is more comfortable from a comfort standpoint but also because the speed of the connection allows for much more action than you would experience if you were playing in a real physical casino.
There is also plenty of interaction that takes place between you and the other players in the online game. You can chat through chat rooms, send messages, and even compete with one another in some cases. All of this activity leads to a very interactive experience for you as a player, and many people find that they have a great time while playing the virtual version of the real thing.
Whether you are playing with friends, family, or simply going solo, you can find hours of entertainment and fun by playing on the Ethroll Casino. If you love to play video poker, the chances are good that you will enjoy yourself so much that you may keep returning. That's just one of the reasons that the site has been on the online gaming radar for quite some time now. The other reason may be because of the promotions that they offer which give new players free prizes and incentives.

There are a lot of people who are asking why they should even care about the idea of using an Ethroller casino. This is largely due to the fact that there are so many other online casinos on the internet today that offer gambling services to individuals. The fact of the matter is that they can easily jump into an online casino and find that they don't have a clue where to start gambling with. Since the majority of the internet has games like poker, blackjack and roulette, they assume that these are games that they can just join without any type of training.
This is not the case however. While there are no actual rules associated with these types of games, it is still highly recommended that you become at least somewhat familiar with them. This is because playing the wrong game can result in your losing money as opposed to winning it. If you take the time to learn the ins and outs of the games that you are playing, then you will find that you can have more fun while you are gambling.
One of the most popular games available at the Ethroll Casino is Roulette. This is a game that anyone can play regardless of their experience level. In fact, the average gamer will never even know that they do not have a clue how the game works. This is because the graphics that are used to assist in the game are quite amazing. In addition to this, there are actually many different game types that can be played. If you are looking for something that is not very popular, then you may want to look towards the more niche gaming websites.
When you play at the Ethroll, you will get to see what is known as a rollover roulette. This is a great feature that helps you determine the results of the virtual wheel. In addition to this, you will be able to bet or wager real money on any number of the games that are offered. What makes this even better is the fact that all of the bets will be made automatically by the system. All that you will have to do is place the wagers and the winnings will be credited to your account.
The Ethroll also offers a variety of other games that people can play. For example, if you would like to gamble but are not into poker, then the slots will be right up your alley. You can also try your hand at blackjack and other types of casino games available. If you are a video game enthusiast, then you will probably enjoy playing the popular games available on the Ethroll website. In fact, one of the most popular games on the site is the popular motorcycle game, which is referred to as the "Millionaire Mountain".
You do not need to worry about security at the Ethroll Casino. The computerized doors and security systems to ensure that your personal information is safe. In addition to this, the staff at the casino is very helpful and eager to help. There are even some games that you can play for free! If you are looking for an excellent online casino with a great reputation, then look no further than the Ethroll.