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Sunday, 07/16/2017 12:49:11 PM

Sunday, July 16, 2017 12:49:11 PM

Post# of 49606
$$ AMFE $$

Snakes DD: I fully expect margins to improve as they grow... The 2 Snakes locations + distribution have been supporting a good amount of overhead (including GroZone), for stuff like web design/maintaining thousands of products on the site, sales people that were getting the distribution segment going, accountants, lawyers, warehouses, etc, etc... but all of this infrastructure is in place now and capable of handling much more growth...

...and they are STILL turning a NET profit for 2 Q's in a row, after all of these startup/expansion expenses... Of course there will be additional expansion costs down the road, but for them to be able to support everything + avoid dilution, is impressive for the stage they are in... Frankly, i would not mind a small loss at this stage, even minor dilution, if it was used for rapid expansion.

2 Q's ago they collected $300,000 in NET profits on $1,500,000 in revenues... and now we are landing single distribution orders, that almost match that entire quarters revs.

A steady flow of sold financial reports are coming. This is the best time to find an emerging growth stock. All ya gotta do is be patient and let seeds of prosperity grow.

Video tour of Snakes & Lattes:

https://www.bing.com/videos/search?q=Video+tour+of+Snakes+%26+Lattes%3a&view=detail&mid=5ED97E959D187CF091F35ED97E959D187CF091F3&FORM=VIRE

The way the place is designed, its hard to see the size in a photo, but this video shows it well... and they pack this place often...

... and the new 3rd location will be even bigger/nicer/with more amenities, near the busiest foot traffic area in Canada...




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