Delic Corp (DELC.C) – a brand new publicly traded company – is connecting dots in the psychedelic culture.
The company’s platform includes “The Delic”, an e-commerce lifestyle brand, “Reality Sandwich”, a free public education platform and “Meet Delic” – a psychedelic wellness summit with its first planned event on May 1, 2021 in Los Angeles.
This $18 million company is pre-revenue, pre-revenue projections.
DELC’s viability as a future profitable company depends largely on who they know, and how those relationships are leveraged.
On January 5, 2021, Delic announced that it has appointed Shep Gordon to the advisory board.
According to DELC, “Shep Gordon is an American talent manager, Hollywood film agent, and producer”.
No-one can accuse DELC of hype.
Calling Shep Gordon “an American talent manager” is like calling Michael Jordan, “an American basket ball player.”
The man is a living, breathing legend.
Responsible for managing the careers of Alice Cooper, Groucho Marx, Raquel Welch, Blondie, George Clinton, Rick James, Frankie Valli & the Four Seasons, Kenny Loggins, Gipsy Kings & The Pointer Sisters – his talent-under-management has sold over 100 million albums worldwide.
In the documentary film “Supermensch: The Legend Of Shep Gordon”, Gordon describes his business origin story as meeting Jimmy Hendrix, who asked him if he was Jewish. When Gordon replied in the affirmative, Hendrix said, “You should be a manager.”
“The three most important things a manager does,” explains Gordon in the documentary, “is get the money, always remember to get the money, never forget to always remember to get the money.”
“There’s nothing about fame that is ever healthy,” adds Gordon about the early demise many talented rock stars.
In a cut-throat business where influential talent managers often act like weasels, thieves or petty tyrants – Gordon is an anomaly: everyone loves him.
“Shep Gordon is the nicest person I’ve ever met, hands down,” reported Mike Myers.
Does Gordon’s presence on the DELC advisory board – catalyze short-term revenue flow?
No.
Does it give DELC an extra layer of credibility, gravitas and goodwill in U.S. power-circles?
Yes.
“Shep’s wealth of experience across multiple businesses will be instrumental to the growth of DELIC,” states Matt Stang, Founder of DELIC, “He has helped countless businesses in numerous industries grow exponentially.”
“We are at the forefront of discovering what psychedelics can really do for society,” stated Shep, “We have only just begun to understand what they can really do for us and the world.”
“Having been a trailblazer in film, music, and culinary, I see the opportunity ahead with what DELIC is doing within the psychedelics sector,” added Shep, “I believe DELIC has the team and access to deals and relationships to entrepreneurs to be the leader in the industry and I look forward to providing value from my experience and help to position DELIC as a leader in the space.”
“DELC is a tightly held, mostly escrowed/pooled stock with 51 million shares out at the open, and a $10 million market cap,” wrote Equity Guru’s Chris Parry on November 18, 2020, “Roughly 16 million of those shares will be free trading at the listing debut. Insiders hold 30 million shares and will have them in escrow for three years. The shell company it rolled into has a six month hold on 5 million more”.
“In other words, you’re not going to get railed like a lumberjack’s girlfriend for taking part as a retail investor,” added Parry.
Although it is not intuitively obvious to this writer that “getting railed like a lumberjack’s girlfriend” would be entirely unpleasant – Parry’s insight on the share structure is important.
Like the presence of Shep Gordon on the advisory board, it signals integrity.
How much magic dust does Gordon have swirling around him?
Ever tried reading a celebrity drug story?
Paralyzing.
Check this one out – involving Gordon’s business courtship of soul artist Teddy Pendergrass. Being an aggressive hedonist has never been so charming.
“If any team can get folks into a brand, this one can,” wrote Parry about DELC, “And if anyone can bring aboard sector entrepreneurs who they’ve already built trust with, this group can.”
Exhibit A: Shep Gordon.
Today, DELC’s share price rose from .50 to .55 (+10%) on 200,000 shares traded.
If you’d like to learn more about Delic Holdings, here is interview from our First Glance by Jody Vance series. Tune in!
Full Disclosure: Delic Holdings is an Equity Guru marketing client.
