U.S. markets open in 4 hours 16 minutes

Acquired Sales Corp. (AQSP)

Other OTC - Other OTC Delayed Price. Currency in USD
Add to watchlist
7.80+0.11 (+1.43%)
At close: 2:54PM EDT
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Previous Close7.69
Open5.50
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.50 - 7.80
52 Week Range1.25 - 11.00
Volume1,161
Avg. Volume2,798
Market Cap76.153M
Beta (5Y Monthly)-0.44
PE Ratio (TTM)N/A
EPS (TTM)-0.26
Earnings DateNov 16, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Delta-8-THC and CBD Brand Consolidator Acquired Sales Corp. (OTCQX: AQSP), Owner of Lifted Made, Announces Quarter Over Quarter Revenue Growth of 46% (up $687,081) and a 473% Increase in Net Income (up $453,708) During the Fourth Quarter of 2020
    GlobeNewswire

    Delta-8-THC and CBD Brand Consolidator Acquired Sales Corp. (OTCQX: AQSP), Owner of Lifted Made, Announces Quarter Over Quarter Revenue Growth of 46% (up $687,081) and a 473% Increase in Net Income (up $453,708) During the Fourth Quarter of 2020

    JACKSONVILLE, Fla., April 01, 2021 (GLOBE NEWSWIRE) -- Acquired Sales Corp. (OTCQX: AQSP) (www.AcquiredSalesCorp.com), which plans to change its name to LFTD Inc., today announced that it achieved outstanding quarter over quarter growth in revenue, net income, and basic earnings per share during the fourth quarter of 2020, driven by the growth of its wholly-owned subsidiary Lifted Made (www.LiftedMade.com), maker of the award-winning Urb Finest Flowers brand of hemp-derived delta-8-THC and CBD products. Revenue grew quarter over quarter from $1,509,437 to $2,196,518 during Q4 2020, an increase of 46%; net income grew quarter over quarter from $95,823 to $549,531 during Q4 2020, an increase of 473%; and basic earnings per share grew quarter over quarter from $0.01 to $0.06 during Q4 2020, an increase of 483%. Nicholas S. Warrender, Vice Chairman and COO of AQSP, and founder and CEO of Lifted Made, said: “Our sales surged during the fourth quarter of 2020, and so far this year, our rapid sales growth has continued. Our new 11,238 square foot headquarters and operations building in Kenosha, Wisconsin, is having an extremely positive effect on Lifted Made’s production capacity, our customers, and employee morale. We’re on a complete roll: between launching Saucy Dmnds, which are a 1:1 ratio of CBD diamonds suspended in pure delta 8 THC with olio resin, cold-temperature preserved terpenes and flavonoids, winning “Best In Show” at CBD Events in La Jolla, California, and scaling up our business and rolling out more innovative products formulated with delta-8-THC and other rarer cannabinoids, we are very upbeat about the direction of Lifted. We now have approximately 46 full- and part-time workers, most of whom work in production, up from less than less 20 two years ago; and we continue to hire more staff for production and fulfillment to keep up with increasing demand as we continue to pick up new distributors of our products throughout the country. We are laser focused on profitability, maximizing output and improving efficiency.” William C. “Jake” Jacobs, President and CFO of both AQSP and Lifted Made, said: “We are very grateful for the hard work, wonderful attitude, and achievements of Lifted Made’s talented and diverse team throughout the pandemic. This is a very exciting time for AQSP and Lifted Made: beyond the organic growth of Lifted Made and its 50-50 joint venture with SMPLSTC called SmplyLifted LLC (which sells tobacco-free nicotine pouches under the brand name FR3SH), we also expect Lifted Made to enter into a second 50-50 joint venture with a different privately held company to launch a new hemp-derived cannabinoid product in the near future. In addition, AQSP continues to discuss potential mergers with attractive privately held companies in the hemp-derived products industry. We are determined to become the industry leader.” Gerard M. Jacobs, CEO of AQSP, said: “AQSP’s rapid growth and profitability during the third and fourth quarters of 2020 stands in stark contrast to many of the publicly traded cannabis companies, who have been growing less rapidly, who are reporting multi-million dollar quarterly losses, who have over 100 million shares outstanding, and who have market capitalizations that are hundreds of millions or billions of dollars more than AQSP.” Gerard M. Jacobs, CEO of AQSP, continued: “Our approach to growing our company is very different than most public companies that acquire businesses, centralize decision-making, and in the process destroy or seriously disrupt the entrepreneurial mojo of those businesses. Instead, we have a very decentralized approach which allows talented young entrepreneurs to continue building and growing their companies as the skippers of their own boats, and to join Nick, Jake and me as partners in our public company. This decentralized approach is critical in a fast-paced, evolving industry like hemp-derived products, where these entrepreneurs must maintain a close pulse on the direction of their business, must be nimble and make critical decisions quickly, and must be excited to continue to lead and rapidly grow their businesses.” About Acquired Sales Corp.Acquired Sales Corp. (AQSP) is focused upon investing in rapidly growing companies that make hemp-derived, cannabinoid-infused products such beverages, lotions, oils, dabs, saucy dmnds, flower, cartridges, disposable vapes, hemp cigarettes, tinctures, bath bombs, balms, body washes, and gummies. In February, 2020, AQSP acquired 100% of Warrender Enterprise Inc. d/b/a Lifted Made (formerly d/b/a Lifted Liquids) (www.LiftedMade.com), now located in Kenosha, Wisconsin. Lifted Made has a 50% membership interest in SmplyLifted LLC, which sells tobacco-free nicotine pouches under the brand name FR3SH (www.GETFR3SH.com). AQSP also owns 4.99% of CBD-infused beverage and products maker Ablis Holding Company (www.AblisBev.com), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits (www.CraterLakeSpirits.com) and Bend Spirits, Inc. (www.Bendistillery.com), all located in Bend, Oregon. Please read AQSP's filings with the U.S. SEC which fully describe our business and the Risk Factors associated therewith. Learn more by subscribing to our newsletters at www.LiftedMade.com and www.AcquiredSalesCorp.com. CONTACTS: Lifted MadeAttn: Nicholas S. Warrender, Founder and CEOPhone: 224-577-8148Email: ceo@LiftedMade.comWebsite: www.LiftedMade.com Acquired Sales Corp.Attn: William C. “Jake” Jacobs, President and CFOPhone: 847-400-7660Email: JakeJacobs@AcquiredSalesCorp.comWebsite: www.AcquiredSalesCorp.com

  • Acquired Sales Corp. (OTCQX: AQSP) Plans to Change its Name to LFTD Inc., Reflecting its Ownership of Rapidly Growing Hemp-Derived Products Maker Lifted Made
    GlobeNewswire

    Acquired Sales Corp. (OTCQX: AQSP) Plans to Change its Name to LFTD Inc., Reflecting its Ownership of Rapidly Growing Hemp-Derived Products Maker Lifted Made

    JACKSONVILLE, Fla., March 08, 2021 (GLOBE NEWSWIRE) -- Acquired Sales Corp. (OTCQX: AQSP) (www.AcquiredSalesCorp.com) today announced that its board of directors and the holders of a majority of its outstanding shares have voted to change the name of the company to LFTD Inc., subject to changing the company’s articles of incorporation in Nevada, all necessary securities filings and governmental approvals. The planned name change is intended to better reflect the company’s ownership of rapidly growing Lifted Made (www.LiftedMade.com), which has received national recognition for its outstanding Urb Finest Flowers brand of hemp-derived delta 8 THC, CBD, CBN and CBG products. In connection with the name change, the company plans to request a new trading symbol that more closely relates to the new company name. Nicholas S. Warrender, Vice Chairman and COO of AQSP, and founder and CEO of Lifted Made, said: “We are gratified that our board of directors and shareholders have decided to put Lifted Made’s name in the lights! We have just completed our move into our new 11,238 square foot headquarters and operations building located in Kenosha, Wisconsin, and so far this quarter our sales are continuing to grow rapidly as we expand our product distribution throughout the U.S.” William C. “Jake” Jacobs, President and CFO of both AQSP and Lifted Made, said: “We have decided to replace a somewhat confusing and uninspiring company name with LFTD Inc., which better reflects what we are doing: promoting an Elevated Lifestyle through Lifted Made’s award-winning, innovative delta 8 THC products and other hemp and hemp-derived products sold under the brand name Urb Finest Flowers. Get LFTD!” About Acquired Sales Corp.Acquired Sales Corp. (AQSP) is focused upon investing in rapidly growing companies that make hemp-derived, cannabinoid-infused products such beverages, lotions, oils, dabs, saucy dmnds, flower, cartridges, disposable vapes, hemp cigarettes, tinctures, bath bombs, balms, body washes, and gummies. In February, 2020, AQSP acquired 100% of Warrender Enterprise Inc. d/b/a Lifted Made (formerly d/b/a Lifted Liquids) (www.LiftedMade.com), now located in Kenosha, Wisconsin. Lifted Made has a 50% membership interest in SmplyLifted LLC, which sells tobacco-free nicotine pouches under the brand name FR3SH (www.GETFR3SH.com). AQSP also owns 4.9% of CBD-infused beverage and products maker Ablis Holding Company (www.AblisBev.com), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits (www.CraterLakeSpirits.com) and Bend Spirits, Inc. (www.Bendistillery.com), all located in Bend, Oregon. Please read AQSP's filings with the U.S. SEC which fully describe our business and the Risk Factors associated therewith. Learn more by subscribing to our newsletters at www.LiftedMade.com and www.AcquiredSalesCorp.com. CONTACTS: Lifted MadeAttn: Nicholas S. Warrender, Founder and CEOPhone: 224-577-8148Email: ceo@LiftedMade.comWebsite: www.LiftedMade.com Acquired Sales Corp.Attn: William C. “Jake” Jacobs, President and CFOPhone: 847-400-7660Email: JakeJacobs@AcquiredSalesCorp.comWebsite: www.AcquiredSalesCorp.com

  • Lifted Made, a Wholly-Owned Subsidiary of Rapidly Growing Cannabis Company Acquired Sales Corp. (OTCQX: AQSP), Wins Best in Show Award at the Prestigious CBD Events Show in La Jolla, California
    GlobeNewswire

    Lifted Made, a Wholly-Owned Subsidiary of Rapidly Growing Cannabis Company Acquired Sales Corp. (OTCQX: AQSP), Wins Best in Show Award at the Prestigious CBD Events Show in La Jolla, California

    Lifted Made: Best in Show Lifted Made received the Best in Show award at the prestigious CBD Events Show in La Jolla, California, for its flagship brand’s Urb Finest Flowers lineup of products. Lifted Made: Best in Show Nicholas S. Warrender, CEO of Lifted Made, accepting the award on behalf of Lifted Made, for the Best in Show award at the prestigious CBD Events Show in La Jolla, California, for Lifted Made's flagship brand’s Urb Finest Flowers lineup of products. Urb Finest Flowers Delta 8 THC CBG Flower A 5 gram container of White CBG flower covered in D8. Available strains: Tangie, Wedding Cake and Watermelon Zkittlez. Please see www.LiftedMade.com for more information about Lifted Made's delta 8 THC CBG flower, launched under Lifted Made's flagship brand Urb Finest Flowers. Urb Finest Flowers SAUCY DMNDS A 1:1 ratio of CBD diamonds suspended in pure D8 sauce (a pure form of liquid-like concentration). Available strains: Tropical Cookies, Creme Cookies and Pink Cookies. Available for purchase at www.LiftedMade.com. The new Urb Delta 8 THC Disposable The new Urb Delta 8 THC Disposable is a custom device with 420mA battery and retrofitted with completely dialed in and tested airflow to ensure the best temperature, flavor, and no clogging. JACKSONVILLE, FL, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Acquired Sales Corp. (OTCQX: AQSP) (www.AcquiredSalesCorp.com) is excited to announce that on Friday, February 12, 2021, its wholly owned subsidiary Lifted Made (www.LiftedMade.com) received the Best in Show award at the prestigious CBD Events Show in La Jolla, California, for its flagship brand’s Urb Finest Flowers lineup of products. Lifted Made presented an outstanding lineup of hemp-derived delta 8 THC (“D8”), CBD, CBN and CBG products, including the following new Urb Finest Flowers products that wowed the judges: D8 and CBG Flower: a 5 gram container of White CBG flower covered in D8. Available strains: Tangie, Wedding Cake and Watermelon Zkittlez;D8 and CBD SAUCY DMNDS: a 1:1 ratio of CBD diamonds suspended in pure D8 sauce (a pure form of liquid-like concentration). Available strains: Tropical Cookies, Creme Cookies and Pink Cookies; andA proprietary D8 Disposable: custom inside and out, our new disposable was made specifically for vaping D8. The disposable vape contains 0.5 grams of D8 distillate, and is available in the following strains: Pink Cookies, Maui Wowie and Ekto Kooler. Nicholas S. Warrender, Vice Chairman and COO of AQSP, and CEO of Lifted Made, said: “We are very gratified by the buyers’ recognition of the quality and innovative, attractive packaging of Lifted Made’s delta 8, CBN and CBG products. At the show, in addition to hundreds of thousands of dollars of product sales, we reached oral agreements with several new regional distributors for Lifted Made’s products in North Carolina, South Carolina, New York and Georgia. We also found great success with our new tobacco-free nicotine pouches, being sold under the brand name “FR3SH”, at another event at the start of last week called SSE (Smoke Shop Events); the nicotine pouch category continues to gain momentum. What a great start to 2021!” Mike Sessoms, co-owner of Smoke Shop Events said: “It was an absolute pleasure having the Lifted Made guys join in for their first time at both Smoke Shop Events, and CBD Events last week in La Jolla, California, and the buyers loved them too. They won our Best In Show award at their very first show! Congratulations guys!” In addition to winning the Best in Show award, Lifted Made has been busy managing the build out of its new 11,238 square foot headquarters and operations building located in Kenosha, Wisconsin. Lifted Made anticipates moving its operations into the new building in the next few weeks. “Moving our operations from Zion, Illinois to Kenosha, Wisconsin, should help us in a number of ways. Most importantly, we will have more space for production, which we desperately need. We are designing the layout of the facility to efficiently maximize the space for manufacturing. I think that the new building will also be more conducive to creativity and productivity, as we will no longer be on top of each other in a cramped space. And, the aesthetics of the new building are inspiring and are a reflection of Lifted Made’s creativity and commitment to artistic excellence. We are excited to welcome our team, shareholders, vendors and customers to the new facility as soon as it is ready,” said Nicholas S. Warrender, Vice Chairman and COO of AQSP, and CEO of Lifted Made. Acquired Sales Corp.’s new subsidiary Younite Corp. will use the space in Zion, Illinois that is currently being used by Lifted Made. Younite Corp. plans to announce an exciting and unique new hemp-derived product later this quarter. About Acquired Sales Corp.Acquired Sales Corp. (AQSP) is focused upon investing in rapidly growing companies that make hemp-derived, cannabinoid-infused products such beverages, lotions, oils, dabs, cartridges, hemp cigarettes, tinctures, bath bombs, balms, body washes, and gummies. In February, 2020, AQSP acquired 100% of Warrender Enterprise Inc. d/b/a Lifted Made (formerly d/b/a Lifted Liquids) (www.LiftedMade.com), of Zion, Illinois. Lifted Made has a 50% membership interest in SmplyLifted LLC, which sells tobacco-free nicotine pouches under the brand name FR3SH (www.GETFR3SH.com). AQSP also owns 4.99% of CBD-infused beverage and products maker Ablis Holding Company (www.AblisBev.com), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits (www.CraterLakeSpirits.com) and Bend Spirits, Inc. (www.Bendistillery.com), all located in Bend, Oregon. Please read AQSP's filings with the U.S. SEC which fully describe our business and the Risk Factors associated therewith. Learn more by subscribing to our newsletters at www.LiftedMade.com and www.AcquiredSalesCorp.com. CONTACTS: Lifted MadeAttn: Nicholas S. Warrender, Founder and CEOPhone: 224-577-8148Email: ceo@LiftedMade.comWebsite: www.LiftedMade.com Acquired Sales Corp.Attn: William C. “Jake” Jacobs, President and CFOPhone: 847-400-7660Email: JakeJacobs@AcquiredSalesCorp.comWebsite: www.AcquiredSalesCorp.com Five photos accompanying this announcement are available at:https://www.globenewswire.com/NewsRoom/AttachmentNg/7089a4a6-8440-4b4c-bb8e-dbd68445588c https://www.globenewswire.com/NewsRoom/AttachmentNg/f75d796d-974d-4ff6-8412-d18f10722e5c https://www.globenewswire.com/NewsRoom/AttachmentNg/435ffcb9-3701-4d9a-a668-6b94a492bd43 https://www.globenewswire.com/NewsRoom/AttachmentNg/3585ee85-3e06-4a7b-9d0a-90c6b4b79f72 https://www.globenewswire.com/NewsRoom/AttachmentNg/c80ec7be-f4c9-4162-9ff8-bf31c34b2970