Barfresh Food Group Inc (BRFH)

[imjake]

Yeah, it's frustrating. Been watching for a coupla years and there always seems to be something that pops up that slows their progress down. If the stock does what I think it should do, I'll be flying instead of driving around.

[Televet]

Yes. I've been waiting 5 years or so. Sounded good back then and still sounds good. Where are the results???

[imjake]

Is this still just a waiting game for everyone or did I miss some bad news? I have really loaded up on this one and look for better news 3rd and 4th quarters. Damn covid...

[noyoweb]

I wouldn’t be suprised to see 1 million units moving per month for Twist & Go this upcoming fall school season. The school business is shaping up to be a bigger opportunity than the restaurant business. Schools are serving lunch over the summer. I’m interested to see the reorder rate for Pasco County after the initial 240K unit order. Barfresh is only operating at 10% of manufacturing capacity. Just scratching the surface and daily volume is increasing with buyers showing up. I love how this company was able to adapt to COVID times and launch this prepackaged product that needs no equipment to serve - brilliant! Also you can clearly see they are working hard to create shareholder value just by looking at all these press releases in a short period.

[Releasemas]

Not sure on that, but I think they are headed the right direction with the twist and go. The share price looks like it is headed back up that's for sure.

[big orange]

Any idea when brfh makes a profit?

[deri21]

$BRFH Barfresh Dramatically Expands its School Customers by over 30% with the Addition of One New School District to Serve the New “Twist & Go”™ Product https://www.otcmarkets.com/stock/BRFH/news/Barfresh-Dramatically-Expands-its-School-Customers-by-over-30-with-the-Addition-of-One-New-School-District-to-Serve-the-?id=262989

[deri21]

$BRFH Barfresh’s CEO Interview Discussing Recent Achievements and Future Opportunities Live on The Wall Street Resource https://finance.yahoo.com/news/barfresh-ceo-interview-discussing-recent-120010820.html

[Televet]

Bought more today @$.40...........

[Televet]

Finally some "marketing"

[Releasemas]

That is awesome!

[Luckypennyman]

Pasco County School District Releases Video Thanking Barfresh for Ready-to-Drink Bottled Smoothie, “Twist & Go”™



https://www.globenewswire.com/news-release/2020/04/23/2020896/0/en/Pasco-County-School-District-Releases-Video-Thanking-Barfresh-for-Ready-to-Drink-Bottled-Smoothie-Twist-Go.html

[Luckypennyman]

I think news is coming this week.

[big orange]

If they can't turn this company to a profitable organization in 2020 I don't know when they can.

They seem to have great plans but nothing ever turns into a profitable situation. My main concern is that they pay themselves massive salaries and bonuses with only great plans to show for it.

[imjake]

Progress is so slooooooowwww. But, I guess it is moving forward. 2020 will be the year of SP advancement. Sounds like everything is going to hit at once. Hope the virus effects will continue to spare BRFH.

[Luckypennyman]

opinion..

240,00 bottles of Smoothies each month to Florida schools is confirmed, currently 3000 Dunkun Dounut Stores that are testing/selling the product and in the works are up to 10000 more stores.

US Military May start acquiring bottles for purchases at the commissary's on over 800 US. bases and then theirs the overseas bases.

I think that the large revenues are just starting to take place, and so I would also assume that the next 10-Q will really show the earnings, and the rest of the years quarterly 10-Q's too.

Barfresh is a strong buy and hold situation in my opinion.

The 8-K explains their accounting methods used in forming the 10-K, Cash flow is still to the positive, and there were setbacks due to the corona virus bringing on the economic slow down so the 10-K was not as great as it normally could of been.

The gains could be REALIZED on paper soon. Watch for news and additional filings...


GLTA!


As always, just my own opinion here. Please do your own research before purchasing stocks.

[Luckypennyman]

8-k posted


https://ih.advfn.com/stock-market/USOTC/barfresh-food-qb-BRFH/stock-news/82227001/current-report-filing-8-k

[big orange]

If revenue grew so slowly why do the executives pay themselves so much?

[Luckypennyman]

Barfresh reports FY rev. growth of 1.4% Y/Y to $4.3M.




https://seekingalpha.com/news/3560507-barfresh-food-reports-positive-results-for-2019


Good fortune!

[Luckypennyman]

10-k



https://ih.advfn.com/stock-market/USOTC/barfresh-food-qb-BRFH/stock-news/82216658/annual-report-10-k

[Luckypennyman]

Conference call today.

Barfresh Food Group, Inc. (OTCQB: BRFH), a manufacturer of frozen, ready-to-blend beverages, announced that it will host a business update call on Monday, April 13, 2020, at 1:30 pm Pacific Time (4:30 pm Eastern Time). Listeners can dial [phone] in North America, and international listeners can dial [phone]. Participants from the Company will be Riccardo Delle Coste, CEO, Joseph Cugine, President, and Raffi Loussararian, Vice President of Finance.
[e-mail]

[imjake]

Yes, hopefully the C. call will be full of good news. I decided to load up even more on Thursday.

[Luckypennyman]

Great Post!

A conference call on Monday afternoon, plus the news and next week will be super!

https://finance.yahoo.com/news/barfresh-launches-ready-drink-bottled-130009686.html

http://www.globenewswire.com/news-release/2020/04/07/2013190/0/en/Barfresh-to-Host-Business-Update-Call-on-April-13-2020.html

GO BARFRESH!$$$$$ BRFH $$$$$

[noyoweb]

BarFresh launches a new Twist & Go pre-packaged consumer product with an initial 240k+ unit order. The news lately has been substantial, I've seen reputable investors publicly post they have taken a large position in $BRFH.

Bigger Capital:
Michael Bigger - Large $BRFH holding, I'll be on

Barfresh Launches Ready-to-Drink Bottled Smoothie to School System Channel

[Televet]

Barfresh to Host Business Update Call on April 13, 2020

[noyoweb]

A great sign to see Norman Pessin investing more and purchasing 2 million shares at .50 cents.

Norman Pessin was a principal for nearly 25 years at Neuberger Berman, a New York asset management firm.

Pessin is currently a private investor with a focus on small, publicly traded companies.

At Neuberger Berman, Pessin was responsible for syndicate underwriting, prime brokerage, correspondent clearing, and Nasdaq market-making.

He also served on the Board of Governors of the National Association of Securities Dealers and was a director of the Nasdaq Stock Market.

[Luckypennyman]

Financials...8-k, 13D


https://www.sec.gov/Archives/edgar/data/1487197/000149315220004514/form8-k.htm

https://www.sec.gov/Archives/edgar/data/1487197/000107997320000203/ibex_barfresh-13d.htm

https://www.sec.gov/Archives/edgar/data/923666/000114036120006840/formsc13da.htm


Wanting to buy more!

GLTA!

13-d explained
https://www.investopedia.com/terms/s/schedule13d.asp

As always, Just my own opinion here.

[Luckypennyman]

Breakout soon!


So close to breaking out. Waiting....

GLTA!

[noyoweb]

This deal is for a new company in addition to the existing 2,500+ location company deal announced in 2018 which is a significant difference to the upside value.

https://www.irdirect.net/prviewer/release/id/3471694 (2018)

vs

https://www.irdirect.net/prviewer/release/id/4268615 (2020)

Note: as far as we know there is no start date for the 2018 deal but the contract is still signed waiting for a marketing window.

I'm sure management will clarify more details during the 2019 annual results call most likely in early April.

[noyoweb]

Ibex / Lazarus reported acquiring 5 million shares combined yesterday at .50 per share. This is very bullish especially during these times.

[Luckypennyman]

Its going to be great soon.

2 Canabus smoothies please! Lol.

A run is coming soon lMO.

As always, just my opinion.

[imjake]

Read the announcement again. This customer has a TOTAL of 3000 North American locations. The regional rollout will be substantially less than this number. Still - good news, though. About time...

[imjake]

It's a good thing! An investor(s) is willing to pay more to get involved with BRFH. They see the huge potential.

[dshade]

thanks. look forward to that reply.

[Luckypennyman]

I believe we'll fly right past the resistance points with no problem.

With the Economy's supply chains changing because of the coronavius one has to keep looking for the best investments.




GLTA.

Always just my own opinion.

[noyoweb]

I'm looking for much higher price points than .40 - .56 - .70 to sell. The real profits will be made when we can see the actual products successfully rolled out and sustained in these 3,000+ regional Dunkin (unconfirmed but probable) restaurant locations.

BarFresh needs to execute the distribution and customer support for these 3,000+ regional locations. If the products are a hit Dunkin could potentially expand BarFresh to their remaining 10,000+ USA locations.

This is the point where I start taking some profits with a share price in the multiple dollars. After I take all my profits I will hold my initial investment for a future company buyout opportunity.

[Televet]

Is one of these deal Subway?

[Luckypennyman]

Resistance points at .40 - .56 - .70, BRFH Will really fly after .40

IMO.

Good Luck to all.

[superstockpicker]

So they are selling shares at 50 cents yet right now the price is 36 cents, something not making sense

[noyoweb]

BarFresh investor relations have confirmed that this is a new deal that they believe will be transformative for the company.

Confirmed that this new deal is separate from the 2500+ QSR deal signed in fall 2018.

Unconfirmed but this could very well be a regional Dunkin rollout.

I've asked if the existing 2500+ QSR deal is still on the table, will reply when I hear back if there are any updates.

[keepemcloser]

Excellent day

[deri21]

$BRFH News! Barfresh Approved by Leading Multinational Restaurant Chain With Over 3,000 Locations https://finance.yahoo.com/news/barfresh-approved-leading-multinational-restaurant-143500756.html?soc_src=social-sh&soc_trk=tw

[Luckypennyman]

Barfresh Completes Over $5.8 Million Financing to Accelerate Growth
Date : 03/23/2020

[Luckypennyman]

Good News today!


Barfresh Completes Over $5.8 Million Financing to Accelerate Growth
Date : 03/23/2020 @ 8:35AM
Source : InvestorsHub NewsWire
Stock : Barfresh Food Group Inc (QB) (BRFH)
Quote : 0.2699 0.0274 (11.30%) @ 10:25AM
Barfresh Completes Over $5.8 Million Financing to Accelerate Growth
Print
Alert
Barfresh Completes Over $5.8 Million Financing to Accelerate Growth
Financing Consists of Issuance of Common Stock at $0.50 per Share and $0.60 Warrants
LOS ANGELES, CA -- March 23, 2020 -- InvestorsHub NewsWire -- Barfresh Food Group, Inc. (the “Company”) (OTCQB: BRFH), a manufacturer of frozen, ready-to-blend beverages, today announced that it has entered into binding definitive agreements for approximately $5.87 million financing. The components of the financing consist of an aggregate sale of approximately $5.87 million of common stock at $0.50 per share with 50% warrant coverage with an exercise of $0.60 per share, of which $3.825 million will be for growth capital and approximately $2 million came from the conversion of existing debt into the current offering.
Debt Retirement and Restructuring
Concurrent with the Company’s current offering, the Company also reduced its overall debt by approximately $2 million through holders converting their existing debt into the Company’s current offering of its common stock and warrants. In addition, the Company and its debt holders extended the maturity date of approximately $1.1 million of those certain convertible notes issued in March 2018 to March 2022, and extended the maturity date of approximately $0.2 million of those certain convertible notes issued in November 2018 to November 2021.
Riccardo Delle Coste, the Company’s CEO stated, “This financing dramatically improves our liquidity and will provide the appropriate capital for profitable expansion in our many and growing channels throughout 2020 and beyond. We are very well positioned to continue the penetration in the quick serve restaurant space. In addition, I believe this is a strong vote of confidence from several of our significant existing stockholders participating in this offering.”
Mr. Delle Coste continued, “We have spent many years establishing an organization with ample manufacturing capacity, logistics and distribution network to successfully service our expected new business. We have dramatically improved our cost structure and are in a much better position today to efficiently deploy this growth capital.”
About Barfresh Food Group
Barfresh Food Group, Inc. (OTCQB: BRFH) is a developer, manufacturer and distributor of ready-to-blend beverages, including smoothies, shakes and frappes, primarily for restaurant chains and the foodservice industry. The company's proprietary, patented system uses portion-controlled pre-packaged beverage ingredients that deliver freshly made frozen beverages that are quick, cost efficient, better for you and without waste. Barfresh has an exclusive distribution partnership with the leading food distributor in North America. For more information, please visit www.barfresh.com.
Forward Looking Statements

Except for historical information herein, matters set forth in this press release are forward-looking within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements about the Company's commercial progress and future financial performance. These forward-looking statements are identified by the use of words such as "grow", "expand", "anticipate", "intend", "estimate", "believe", "expect", "plan", "should", "hypothetical", "potential", "forecast" and "project", among others. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. The contents of this release should be considered in conjunction with the warnings, risk factors and cautionary statements contained in the Company's recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10K and Quarterly Report on Form 10Q. Furthermore, the Company does not intend, and is not obligated, to update publicly any forward-looking statements, except as required by law.
Contact

John Mills

ICR

646-277-1254

[e-mail]



Deirdre Thomson

ICR

646-277-1283

[e-mail]

[Televet]

Buying more here ahead of earnings......

[Televet]

Got an email today from IR. Said will be filing 10k end of March. Think I'll add some. About time for this to take off!

[OfficerDan]

That would be today technically

[Televet]

When is the next SEC report due?

[OfficerDan]

Crickets for a while now. Anybody got anything ?

[imjake]

Correct me if I am wrong. As a public company, BRFH is required to announce any material news as it happens, discounting any confidentiality agreements. If that is the case, we have progressed through yet another quarter without any forward movement in any of the previously announced game changing contracts/agreements. Wow... And we have to wait until the beginning of April for the next Q report...