Home Bistro Inc (HBISD)

[BERKSHIRE AGENT]

Wow this looks sooo UNDERVALUED down here

[tedpeele]

Think about this CEO - he created the nations largest fresh food delivery company. And now he's doing the same thing with elite/gourmet food delivery. And going public with it - new symbol and everything. Right here. This is early.

[jchords]

Done consolidating?

[MJAM2020]

gotcha thx.

[fojcol]

Most advertise by direct mail, offering steep discount for first few meals (if not a free one or two). I get them all the time. Not saying this is the ONLY way.

[retireat40]

Not a clue...

[musicbynature]

Ask CNET lol

GRTD

[MJAM2020]

how do they get customers?

[musicbynature]

Yeah I think you’re right.

Great stuff!!

GRTD

[retireat40]

Looks like per quarter

[tedpeele]

https://homebistro.com/pages/our-story

[musicbynature]

10-13M per quarter?? Or total??

GRTD

[MJAM2020]

company hasn't tweeted since 2018? or is there an updated twitter?

facebook nothing since 2018..then a post in March.?.

how do they advertise? big IG following?

hmmm


imho
mj

[zino]

Revenue 43 Million-ish

[tedpeele]

Wow - if $40m is right this is just getting started

[zino]

43 Million in Revenue (Scroll down to revenue)
https://www.zoominfo.com/c/home-bistro/26871040

[retireat40]

If revenues are $40 million then an 85 million O/S would put the straight value pps at about .50.

[retireat40]

According to that link, their revs for the 1st 3 quarters of 2019 were $33 million. I'd say $40 million easily. 20% of that is $8 million. Depends on O/S. At 100 million, the straight value pps would be .40. We'll see.

[tedpeele]

hmm, seems to me the 17m shares of GRTD will be 20% of the new company, meaning there will be the equivalent of around 85m shares after Bistro becomes the new company. Is that not right?

It may well be that Bistro is closely held too, so the float may remain about the same.

[musicbynature]

Home Bistro had a 7M round of funding in 2009. Their revenues are likely in the 20-30M easily.

https://www.zoominfo.com/c/home-bistro/26871040

GRTD

[retireat40]

The questions is how many shares of Home Bistro were there? It is privately owned so we have no way of knowing:

...outstanding shares of common stock of Home Bistro was exchanged for shares of common stock of Gratitude

[retireat40]

Looks like that way...my guess is they will be issuing more shares to the point where GRTD shareholders hold only 20% of the O/S.

[BCNstocks]

There is NO MENTION anywhere of an R/S so stop the fear mongering.

[jokerwild477]

Will there be a R/S of shares to get to 20% of O/S

[tedpeele]

As I read it, Grat goes away and that ticker becomes 100% HomeBistro, but yes current Grat Shares become 20% of the new company.

For now, we are working with a tiny float on great news.

[zino]

Home Bistro Meals shipped throughout 48 States
https://www.shareasale.com/shareasale.cfm?merchantID=14344

[BCNstocks]

Nice find

HomeBistro Ranks #1 According to CNET.com
https://www.cnet.com/news/best-prepared-or-oven-ready-meal-delivery-services-in-2020-freshly-daily-harvest-veestro-home-chef/#listicle-5ce80c33-7666-4657-95ea-e6d0f98fe82b

https://homebistro.com/

Home Bistro provides high quality, direct-to-consumer, ready-made meals. Restaurant quality meats and seafood through its Colorado Prime brand. Home Bistro is uniquely positioned to take advantage of the developing market opportunity generated by consumers growing demand for prepared meals ordered online and delivered to their homes.

[jokerwild477]

Seems to me bistro took over grats....tell me how the 20% work out..I want to buy in but it looks like I'll lose shares after I do

[retireat40]

Pursuant to the terms and conditions of the merger transaction, all of the issued and outstanding shares of common stock of Home Bistro was exchanged for shares of common stock of Gratitude, resulting in Home Bistro becoming a wholly owned subsidiary of Gratitude. The shareholders of Gratitude retain approximately 20% of the issued and outstanding common stock of the Company, on a fully diluted basis.

[jokerwild477]

Doesn't the share holders get screwed with this deal to only own 20% of new company,,or am I reading something wrong????

[retireat40]

Grabbed some in the 7's and 8's. Volume has slowed. We'll see if there is any gas left in the tank today.

[jokerwild477]

What is the meaning of grat will own 20% of bistro

[BCNstocks]

Very, nice high quality website. The bottom left hand corner of the website shows real time purchases that are made online and their location. With the current crisis at home delivery food services are going to be a huge industry.

https://homebistro.com/

Home Bistro provides high quality, direct-to-consumer, ready-made meals. Restaurant quality meats and seafood through its Colorado Prime brand. Home Bistro is uniquely positioned to take advantage of the developing market opportunity generated by consumers growing demand for prepared meals ordered online and delivered to their homes.

https://homebistro.com/

[HDOGTX]

https://homebistro.com/

[BERKSHIRE AGENT]

Huge DD on this one. Love todays news

[zino]

HomeBistro Ranks #1 According to CNET.com
https://www.cnet.com/news/best-prepared-or-oven-ready-meal-delivery-services-in-2020-freshly-daily-harvest-veestro-home-chef/#listicle-5ce80c33-7666-4657-95ea-e6d0f98fe82b

[BCNstocks]

Agreed, once volume moves back in. Large buying hit above .10 today.

[musicbynature]

What a great move! Big company!

GRTD

[zino]

Can see .25 Fast

[BCNstocks]

$GRTD ~ Here is the website >>

https://homebistro.com/

Home Bistro provides high quality, direct-to-consumer, ready-made meals. Restaurant quality meats and seafood through its Colorado Prime brand. Home Bistro is uniquely positioned to take advantage of the developing market opportunity generated by consumers growing demand for prepared meals ordered online and delivered to their homes.

$GRTD Acquisition of Home Bistro direct-to-consumer, online prepared meal-delivery company

PALM BEACH GARDENS, Fla. , April 21, 2020 (GLOBE NEWSWIRE) -- Gratitude Health, Inc. (OTCQB: GRTD) (the Company or Gratitude) today announced it has completed the acquisition of Home Bistro, Inc. (Home Bistro), a Florida -based, direct-to-consumer, online prepared meal-delivery company, in an all-stock transaction. Home Bistro provides high quality, direct-to-consumer, ready-made meals at www.homebistro.com, and restaurant quality meats and seafood through its Colorado Prime brand. Home Bistro is uniquely positioned to take advantage of the developing market opportunity generated by consumers growing demand for prepared meals ordered online and delivered to their homes.

[TheFinalCD]

WOW ....


$1


GO TARHEEL$

[tedpeele]

3 catalysts here: 1. home delivery - corona connection 2. Super-duper low float 3. CEO -- check him out -- was founder and CEO of nation's largest fresh meal prep home delivery that grew from zero to $18m in revenues before being acquired in 2014 -- Fresh Diet.

https://www.cnbc.com/2016/06/08/how-this-company-turned-500-into-an-18-million-business.html

[zino]

$$$ New Ceo Zalmi Duchman Billionaire $$$$

[Fai 2]

Yes weeeee

[retireat40]

Dipping here...may grab some .08's

[georgie18]

GRTD...08...beauty move here...grabbing the dips...

[Golden Cross]

News still just spreading here $GRTD

[vinc]

In at .11! Let's see another multibagger from here with this huge NEWS!

[crudeoil24]

Actually may see .25 in first hour of trading . Low float mover!

[Golden Cross]

Board followers growing now