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A legacy company just strapped itself to the Solana rocket 🚀

Old-school stocks are learning new tricks

October 08, 2025

It’s wild how quickly companies can evolve. This one used to make glucose meter cases, and now it has built a billion-dollar crypto treasury on Solana. Its latest innovation will allow 24/7 stock trading. Is the future now?

TODAY’S TOP ALERT! 

Forward Industries (Nasdaq: FORD)

👉  FORD is TODAY’S #1 ALERT 👈

Hey Folks, Jeff Bishop here, coming at you with a very exciting “tactical trade” idea. 

So far, I’ve identified three stocks this week that went on to make double-digit intraday gains the days I alerted them, hitting peaks as high as 29%.

And my idea from Friday picked up some serious steam on Monday, ripping 37% intraday.

They don’t always work out like that, but this week is going great.

My “tactical” idea today has been roaring over the past six months — up 354%.

When I alerted it last month, it had gone vertical, ripping 135% in the prior week and 37% just the day before. 

I thought the momentum would carry it higher that day, and sure enough, it reached a peak of 33% the day I alerted it.

Go ahead and pull up Forward Industries, Inc. (FORD) and put it on your radar.

You can see just how dramatic the stock’s runup was, and I’m glad I managed to alert a piece of it.

But while the trend since June remains decisively upward, it has retraced roughly 40–50% from its mid-September high.

That’s often where fast-moving stocks consolidate before their next leg up, and that’s why I’m watching FORD closely today.

A potential base seems to be forming around the $22–$24 level, which was one of its breakout zones in early September. That level is now a key support.

If the stock breaks below $20 from here, we may see a steeper retracement…

However, if buyers defend the current level and we see a move above $26, that suggests the bulls are back in control. Watch for a retest of $30 and possibly a move past $35.

No guarantees here, but well worth tuning in to see how it plays out!

👉  FORD is TODAY’S #1 ALERT 👈

Here’s the deal with this firecracker…

The company has put out only a few press releases in 2025, but on September 8, it announced $1.65 billion in cash and stablecoin commitments in a PIPE offering led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a Solana-focused digital asset treasury strategy.

It added that Galaxy, Jump Crypto, and Multicoin will provide “both capital [more than $300 million!] and strategic support” to execute the strategy “with the goal of positioning it as the leading publicly traded institutional participant in the Solana ecosystem.”

As part of that, “upon closing of the PIPE, “Kyle Samani, co-Founder and Managing Partner of Multicoin, is expected to become Chairman of the Board of Directors.”

“Chris Ferraro, President and Chief Investment Officer of Galaxy, and Saurabh Sharma, Chief Investment Officer at Jump Crypto—each of whom bring significant experience investing in and building on Solana—are also expected to join as Board observers."

To put these numbers in perspective, FORD’s entire revenue for 2024 was $30.2 million.

The PIPE closed on September 11 and investors went wild. 

For the uninitiated, here are some details about Solana from the company’s press release:

Solana processed over 8.9 billion transactions in Q2 2025, resulting in approximately $4 billion of decentralized exchange trading volume per day. This activity has generated approximately $1.2B in real economic value (REV) year to date, a metric used to measure the free cashflow of blockchains. Adding more than 7,500 new developers in 2024, Solana is both the blockchain with the fastest growing developer ecosystem and one of the most profitable blockchains in existence.

Solana supports a mature decentralized finance (“DeFi”) ecosystem, creating compelling opportunities to earn on-chain returns through staking, lending, and market making strategies. By establishing a Solana treasury, Forward Industries is positioning itself to benefit from one of the fastest-growing blockchain networks, recognized for its high throughput, developer adoption, and rapidly expanding use cases across DeFi, consumer applications, and Web3 infrastructure.

That’s a long way away from the company’s legacy business as an OEM accessories company making things such as custom cases, protective bags, and carrying solutions for medical devices and consumer electronics.

For years, the company’s revenues have floated around $30 million, but it consistently struggled with profitability.

Now, a company that once lived off glucose meter cases is betting its future on the Solana blockchain, and investors are loving it.

FORD is positioning itself essentially as a proxy stock for Solana exposure. For traditional equity investors who don't want to hold SOL directly, FORD is a potential on-ramp.

SOL, by the way, is up 107% over the past six months.

But what gives this pivot weight isn’t just the $1.65 billion infusion, it’s who’s behind it…

  • Galaxy Digital is one of the most influential crypto investment firms on the planet, with deep Wall Street roots. It made early moves into Bitcoin, Ethereum, and institutional crypto infrastructure.

  • Jump Crypto is a division of Jump Trading, a high-frequency trading powerhouse that’s one of the most aggressive and tech savvy firms in the digital asset space.

  • Multicoin Capital went all-in on Solana back when it was trading at single digits, earning legendary returns and cementing itself as one of the loudest voices in the space.

On September 15, FORD made its big move: It purchased 6.82 million SOL at an average of $232 for a total cost of approximately $1.58 billion.

Board chairman Kyle Samani said the company is on its way to “building the world’s largest Solana treasury company.” [emphasis added]

And on September 22, the company made a very interesting announcement: It has “partnered with financial technology firm Superstate to allow stockholders to tokenize and hold FORD shares on the Solana blockchain.”

FORD explained that, “Upon launch, shareholders will be able to tokenize their public shares of Forward Industries’ common stock through Superstate’s Opening Bell platform. The partnership is expected to expand the Company’s traditional equity by leveraging the Solana blockchain to enable 24/7 trading, real-time settlement, and enhanced global liquidity of FORD.” [emphasis added]

We’ve come a long way since your grandpa had to call his stock broker to make a stock trade!

As you do your own research on FORD, be sure to check out the Solana treasury page on the company’s website for info on the treasury strategy as well as bios of the new management.

And as always, be sure to approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. 

Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration.

Bottom line: FORD has strapped itself to the Solana rocket and its stock has taken off 🚀. After a recent pullback, it may have formed a potential base at its current level. 

Tune into FORD today to see if the bulls take back control!

To Your Success,

Jeff Bishop

P.S. Please join Jeff Williams TODAY at 1pm EST (LIVE HERE) to learn the “Omega Surge” strategy he’s been honing for months now, and how he just weaponized it to detect a quadruple-digit move.

*DISCLAIMER: This entity is owned by Sherwood Ventures LLC (SV). To more fully understand any SV subscription, website, application or other service, please review our full disclaimer located at https://bullseyealerts.com/disclaimer/

Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call “typical.”

Just a quick heads up about this ad you're reading—as we’ve said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received thirty thousand dollars (cash) from Primetime Profiles for advertising Forward Industries, Inc for a one day marketing program starting on October 8, 2025. Before this, we received fifteen thousand dollars (cash) from Virtus Media Group for advertising Forward Industries, Inc for a one day marketing program starting on September 12, 2025. To date, we have received forty thousand dollars for advertising efforts related to Forward Industries, Inc

It might seem obvious, but while our client claims not to own any shares in Forward Industries, Inc, whoever ultimately paid them most likely owns shares. You should assume they are looking to sell some or all of them at any time after we send out this information, which might negatively affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither Sherwood Ventures nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as the marketing campaign ends, though that is not always the case.

Now, diving right into Forward Industries, Inc might sound exciting. But remember, it’s like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you’re doing. That’s why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r.

Oh, that brings us to another crucial point—we're not here to tell you (or even recommend) what you should do with your hard-earned money. We’re simply sharing our non-expert thoughts by highlighting some companies who are paying us and we like that could use some help telling their story to more people. We’re obviously biased in our writing. We’re not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as “forward-L00king statements” under the securities acts, so take those with a grain of salt. As with all forecasts, they’re not set in stone, often wrong, and we certainly can’t know where the Company’s earnings, business, or share price will be tomorrow or a year from now.

Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who's licensed to give you real advice. To be clear, 

Neither Sherwood Ventures nor its owners, employees, or independent contractors are registered as a securities broker-dealer, broker, 1nvest.ment advis0r (IA), or IA rep’s with the SEC, any state securities regulatory authority, or any self-regu1atory organization.

So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture.