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If u have the float correct n they did a 5000 for 1 r/s they makes the float 25,650. Is that possible. Even at 500 for 1 the float will be 256,000
I am waiting for the dust to settle and then I will proabably add a few more. Not sure whats up with all the R/S filings these days on so many stocks. Many of the stocks never do the R/S, or make any sense. Same with this one. With a float of only about 128M and form 4's recently it makes no sense unless they know something we dont. Could be several things happening behind the scenes. I am willing to wait it out and see what happens as I dont have that much into it. Right now I am pretty much riding freebies. Maybe they have something in the works and need to get the PPS up quick and move to a bigger exchange. So far lately it has not done too great so this may be just what it needs to get the ball rolling.
LMFAO
This turd just keeps getting worse and worse!!!!!!!
We obtained stockholder consent for the approval of an amendment to our articles of incorporation, to effect a reverse split within the range of 500-to-1 to 5000-to-1, with the Board having the discretion as to the exact date and ratio of any reverse split to be set at a whole number within the above range.
Added a few more today at.0027 while it is quiet. 2 Form 4's out Monday. Insiders buying always a good thing.
https://www.otcmarkets.com/filing/html?id=17436854&guid=6zQ-kWTpsQmSJth
https://www.otcmarkets.com/filing/html?id=17436868&guid=6zQ-kWTpsQmSJth
Outstanding Shares
419,809,183
03/09/2024
Restricted
277,773,413
03/09/2024
Unrestricted
142,035,770
03/09/2024
Held at DTC
128,737,824
03/09/2024
I should say “get back” to pennyland. Sry
Soap, coffee, pet treats, lotion… can it really get to pennyland simply by buying other people’s startups? I like their mission and already bought shares based on that alone but I’m still a bit skeptical, any thoughts?thanks
$BFYW Takes Steps to Implement Its Growth Initiative Further https://www.einnews.com/pr_news/694993430/bfyw-takes-steps-to-implement-its-growth-initiative-further
That Stephen James Coffee is superb! It's some strong Java! Their stock looks much better since Monday
$BFYW Up tick on bid 003x0033 hoping for another good day
Sweet! I love this comment from the CEO it shows he is serious about making the company work!
"During the fiscal year 2024, Chairman and CEO Ian James, alongside Chief Branding Officer Stephen Letourneau, demonstrated unwavering confidence in the Company's future by personally funding much of the operation and ensuring funds went into the Company for brand development and deferring compensation of $199,196.08 and $152,786.97, respectively. In a bold move, both leaders converted all their deferred compensation amounts into equity, eliminating $351,983.05 in liabilities from BFYW's balance sheet".
More news out today. Tagging it to the stickie so it is easier to find.
https://www.einnews.com/pr_news/693291129/bfyw-announces-conversion-of-nearly-352-000-of-outstanding-debt-into-common-equity
Always nice to see this kind of news.
If buyers flood in the shares will take off!
Awesome. Thanks. You are on top of it.
Hey Profitchaser.NEWS! and I just saw a large bid posted over 1 mil. Interesting stuff.
BFYW Board Approves Appointment of Chief Operating Officer
https://www.einnews.com/pr_news/692413662/bfyw-board-approves-appointment-of-chief-operating-officer
Anytime :)
Hey, I'm showing only 1 market maker offering 0028 for 10k shares however might not be accurate just what they show
I have no idea as I dont have L2. There is usually hidden shares so many times L2 is not right
Curious what’s L2 showing at .0028
Hey ProfitChaser.Beautiful reply man and nice buying bro! I haven't bought yet but I will join you. Thanks again for your analytical insights
Thanks sublover for the news update link. I missed that news as it wasnt on OTC Markets. With this share structure and the direction they are heading IMO it is way undervalued down here at .002. I will continue to add and just wait for it to have its day. We know it is coming.
8K out yesterday
https://www.otcmarkets.com/filing/html?id=17305673&guid=Hcd-k6NQcN5eJth
News release out yesterday.
https://www.wjhl.com/business/press-releases/ein-presswire/691428781/growth-initiative-gives-bfyws-stock-room-to-grow/
NEWS PROVIDED BY
EIN Presswire
Feb 26, 2024, 2:44 PM ET
Table 1: Competitive Analysis of ten synergistic publicly traded coffee companies
Analysis of ten synergistic publicly traded coffee companies
Table 2: Price-to-Sales Analysis
Analysis of P/S applied to BFYW
4th Open Letter to Shareholders outlines competitive market analysis scrutinizing ten synergistic publicly traded coffee companies, shows strong market growth
Better For You Wellness (OTCMKTS:BFYW)
BFYW's Growth Initiative aims to generate significant revenue, break-even in month 20, and boost shareholder value over the next 5 years—an exciting journey ahead! See details and decide for yourself.”— Ian JamesCOLUMBUS, OH, USA, February 26, 2024 /EINPresswire.com/ -- Better For You Wellness, Inc. (OTCQB: BFYW), a leading Ohio-based plant-based and science-focused wellness company operating in the rapidly-growing $1.5T wellness industry, filed an 8-K announcing its fourth in a series of open letters to its Shareholders (Open Letter #4 can be read here). The shareholder letter addressed why the Company was making its premium coffee collection, Stephen James Curated Coffee Collection (SJCCC), "BFYW's North Star." Believing shareholders deserved a well-reasoned answer, and the details Management relied upon to reach its conclusions, BFYW's Chairman and CEO, Mr. Ian James, provided a detailed walk-through of the Company's analysis.
Mr. James indicated that the competitive market analysis identified and intensely scrutinized ten synergistic publicly traded coffee companies and determined each Company's TTM Revenue and Market Cap as of February 19, 2024.
The analysis revealed an average Price-to-Sales (P/S) ratio of 2.04, leading BFYW to determine low and high estimates to establish an average price-to-sale benchmark of 1.97. While many companies reported negative price-to-earnings after funding, BFYW projects SJCCC to break even by the 20th month and remain profitable for the foreseeable future. BFYW's comprehensive analysis incorporates low and high estimates of the P/S ratio to establish an average price-to-sale benchmark of 1.97.
See Competitive Market Analysis Image
"Having strategically entered Kroger last year, our 2024 sales projections anticipate a presence in 250 stores by late summer, with a remarkable doubling of doors served year-over-year for the next four years," said Mr. James. "With growth funding, our ambitious expansion plan projects nearly 4,000 stores by the fifth year, including significant grocers such as Kroger, Giant Eagle, Wegmans, etc."
BFYW meticulously calculated revenue projections, COGs, and operational expenses, "We then leveraged Kroger's metrics and drew on our collective experiences with manufacturing and distribution partners," Mr. James added.
From the analysis, BFYW was able to The annual multiplication of revenue and price-to-sales ratios to form the basis for establishing a year-over-year projected market capitalization (i.e., revenue x P/S = market cap) and market cap (i.e., market cap / authorized shares = share price).
"We undertook the Price-to-Sales Analysis to set our sights on where we thought we could grow the Company from a share price and market cap perspective. The analysis vividly illustrates compelling results, substantiates our decision to take the brand to the public market, and indicates significant growth potential for BFYW Stock." Mr. James said, "These findings underscore the favorable trajectory and potential for growth that BFYW's stock holds in the market."
See Price-to-Sales Analysis Image
Of the BFYW Growth Initiative's findings announced today, Mr. James said, "I hope the information provided helps our shareholders and the market understand our thinking and why I am enthusiastic about championing and raising the capital to implement this initiative. I look forward to sharing a captivating lineup of products to launch soon and informing our shareholders as we progress on this exciting journey."
Background: The BFYW Growth Initiative was developed to grow shareholder value by generating revenue and building profitability via BFYW's Stephen James Curated Coffee Collection. The initiative focuses the Company's energies on the SJCCC premium coffee brand, as coffee is the second most consumed beverage globally. It leverages its retail relationship with Kroger and prepares BFYW's creative/marketing teams to grow brand awareness. Its manufacturing and distribution team ensures the Company can continue to scale commercially at reduced costs for increasing online and in-store coast-to-coast sales. The next step is to secure the growth capital for full implementation.
-30-
Thank you for the update. That guidance is huge! I just found this PR that came out late in the afternoon yesterday which is all based on that filing.
https://www.wjhl.com/business/press-releases/ein-presswire/691428781/growth-initiative-gives-bfyws-stock-room-to-grow/
Looks like somebody wanted out today. I see a 8K out today but I dont see anything bad in it. Cheap shares available for sure today.
https://www.otcmarkets.com/filing/html?id=17305673&guid=nrd-kpJOCvxHJth
Bid x Size
$0.0019 x 90,000
Ask x Size
$0.0023 x 451,500
SS looks the same to me
Authorized Shares
2,000,000,000
02/14/2024
Outstanding Shares
419,209,183
02/14/2024
Restricted
277,173,413
02/14/2024
Unrestricted
142,035,770
02/14/2024
Held at DTC
128,737,824
02/14/2024
Awesome. Thanks for the heads up.
I bought some of their Stephen James coffee and it's just the BEST! I think if they advertise it the awareness on the stock could be big. Here is the link for their coffee
https://getsjcoffee.com/
A little love here today. Been quiet for the last couple weeks but you just never know when one of these low floaters gonna take off. I dont mind holding until it happens
.0044 Popped up briefly today. At least the large seller seems to be out of shares now.
Great post Alstocks… I appreciate your posts and perspective… you’re a good soul brother and enjoy seeing you on stocks that I own. Keep them coming and best of luck!
I disagree, on the contrary…. he turned a down
day into a way to defend shareholders & stock
price & turned it into an advertising ploy to
get investors to try the coffee…. definitely much
better than staying quiet & doing nothing….imo
he is trying… also, clearly no reverse splits
planned…. I’m going to be patient with this one
good luck to all
He’s so excited about the volume and welcomes investors. Did he not see the stock is down today. What a moron.
Agreed. IMO we are back at the bottom now. This is the area I bought most of my shares. Someone definitly wanted out today. Great time to buy IMO. Once we get through that seller that has about a million at .0031 then it will move back up easily. Very few shares for sale on the way back up and still less than 130M in the float. I am holding and will proably start buying again down here.
Wow, way oversold…. Imwo…
what did they announce..:. A r/s…. No
they sold there main thing….. no..:::
they announced sales are strong & possible
expansion into 250 stores from 35…. and some
possible d on the way…: but not major if things
go well…. Shhessshhhh….
bfyw in the .”002 range “ is silly
Good luck to all
Not surprising at the early action with bfyw…
otc investors want it now with no mentions of
S-1, raising money or minimal dilution in there
prs… they will ignore expansion from 35 stores to
250 in 2024…. Understandably, they have been
screwed by so many ceos… saying the same
kind of stuff only to be duped down the line…
will this ceo be different…
- will they get the sales to pay off notes!?!?!
Odds are honestly against them looking at otc
history…. This is definitely a potential long term
great play….
Good luck to all
Thanks. I also noticed the following in the update
In the meantime, Stephen Letourneau and I will purchase stock on the open market personally and, when necessary, convert debt to shares, as we have done so well above the market price to minimize dilution.
Pr out……
It appears the company is asking us to trust them
that as sales grow …. They will pay off notes…
and there will be minimal dilution…
in 2024… growing into potentially 250 Kroger
stores…. (Currently 35)
https://www.otcmarkets.com/stock/BFYW/news/Subject-Progress-Update-and-Strategic-Outlook---A-Letter-to-Shareholders?id=428027
Good luck to all
Bfyw has so much potential… like so many other
otc stocks… & I have seen ceos screw it up
Royally (anyone remember jamn, toevs/Rohan?)
… he has all the momentum behind his sails,
merger done… on verge of funding, Kroger
expansion… other big box store expansion… &
he goes off the rails & mentions another product
!?!?!?!???????
I’m not saying this is a horrible mistake, bfyw still
has a ton of potential ..!!!!!!!!!!!!!!!!!!!!!!!! But if
he keeps this up….. ugh….. COFFEE, COFFEE,
COFFEE…. Stephen James, Stephen James!!!!
that’s all he should be thinking now
Good luck to o
$BFYW Plant-Based Product Development.
— Ian James (@ianajames) January 10, 2024
Bloomberg TV? Yes, this March. Stay tuned. pic.twitter.com/pYRX3gphz8
Thanks for the updates. I have been a little busy lately so playing catch up.
Check out $BFYW's newest brand: Stephen James Curated Coffee Collection, our Premium Coffee with growing sales in Kroger and other retailers. Get yours online at https://t.co/dDPNCvt1QO, enter ENJOY at checkout, and we'll take 50% Off orders of $75 or more. pic.twitter.com/g5KH9d5ZTy
— Better For You Wellness, Inc. (@OTCBFYW) December 5, 2023
The fact of the matter isthat those providing bid support took the day off. Nothing more, nothing less. I am considering making an appointment to trade later this week.😉
For anyone wondering….
if it was 1.5 million shares dumped… I might be worried…
but it was 100,000 shares, which equals someone
dumping $400 bucks worth at lowest possible bid
that’s deserving of an lol… & a possible opp to
buy more, When Kroger expansion is announced
& other big box stores & non dilutive funding I
Will remember this sell
Good luck to all
Yes, they did a ton of them in 2023… look for all
the form 4’s….
Good luck to all
Agreed. Looking better by the day. New year now so wouldnt suprise me to see things pick up. Does company have to file if they buy on the open market
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