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(778) 229-4781 - this is Williams’s number. You can call him - I spoke to him few months ago and he was really good explaining the road map etc.
I now have calls in to the number the transfer agent gave me (listed on SEDAR that is supposed to be kept up to date) and to the KOMO legal department...
I am not ready to blow a cold wind up this guys skirt but at the same time I am not shy about getting in someones face either.
I assume this is the number you tried?
I just tried to call myself and the number has been disconnected :/
William White
President & CEO
T: 866-969-0882
will@komoeats.com
Phone call results to William White CEO
I promised to do this a few weeks ago but got sidetracked with travels ....... this was not the result I expected
William
My name is Trevor BXXXXX and I am a retail investor from Arizona. I have been gathering this company's shares and I have a small circle of shareholders that have also purchased based on press releases and future potential.
Right now there is an added height of uncertainty in our investment, the share price is in the toilet, the market cap is less than 2 million and the main phone number in your press release is not working. and the number that is registered with sedar just rings and rings... you are a public company with obligations to shareholders.
Does not add to much confidence in your company, I will try that number again in a day or two but I would appreciate someone calling my office at 1-520-685-1xxx or my cell at 1-520-220-2xxx
Bottom line here, The press releases have been all rosy and glamorous and show a great future, my question is does the collar match the cuff... once we get it established that you are a real company and not another fly by night Canadian con job we will all have a foundation to work from. Please contact me when you can.
Respectfully
Trevor XXXXXX
Seems pretty locked. SP Jumps up with little volume, this fall should be fun. Komo has big growth plans for Q3
Another 633 to finish out this trade, do you think it will come to me? no.. they want to bait me into something higher....
here's a trick, slap an enormous stinky bid in just under the the price you want, when the logarithms pick up on it and move to fill... it will fill your bid first, them pull the stinky bid, sit back and smile. Best be quick though or you will own a wad whether you want to or not.
It's great to see some volume starting to come back here. They seem to have a solid game plan here. Should continue the growth:
"Komo now has over 300 distribution points with that number expected to grow sIgnificantly this fall."
Nice! I wondered if it was you lol.
Looks like I ate the float up to .0326, could not get anything on the bid.. it will come back down and I have dry powder for .027 or lower.... bottom feeder I am.
Hopefully though we dont dip lower this was a massacre already
I agree that this is buying opportunity. Company is making all the right moves and will eventually grow and make shareholders happy.
The next three months may be rough, the startup promoters got a couple million shares and the added round of funding will add more after a four month hold period so yea now you know who is on the bid...
This is a long term hold for me. Three to Five years parking money here should do OK.
Krougers is leaning towards meatless in their stores, so is Fry's. Those both have massive distribution networks to build out this product..
I am still cautious over the next three months, and there will be some shares hitting the market in about 4 months, however this trough we are in is a buying opportunity, I am bid sitting below the bid waiting for the impatient to sell.
When I spoke to William a while back, he said that’s their plan - to build up a company and they get bought out. This can be huge.
looks like they are on target with 44% profit margin however I would like to see the debt load going down, that may not happen for another 6 to 12 months as they build out US sales..
If only I could hold this until a US national supply company buys them out... that is the hope part of this stock, fundamentals are good and growth is forthcoming.
456% Increase in sales last quarter compared to 3 quarters ago
https://www.otcmarkets.com/stock/KOMOF/financials
(Repost) Pulled together the summary of this company and dove through the financials, there is some debt here and they have taken on new debt but with a purpose, the company seems to be well organized with a vision for the future that is taking hold. I may give William White a call in the future but for now I am comfortable with my research notes which are included in the next post. This company has a solid future if they keep the debt under control and there seems to be enough intelligence in this company to do that.
This message was originally deleted for being off topic.
Well put Mr. Zen. Very detailed explanation on whats going on here. Agree fully and have been saying the same thing. Very supportive arguments. Looking forward to komos expansion this fall
What a fantastic overview ty
Great summary! This company has bright future, we just have to let them grow and we will reap the rewards.
Research notes KOMOF
For the three months ended April 30, 2022, we recorded wholesale sales of $146,973, representing 51% growth over the previous quarter.
Wholesale sales were 69% of total revenue. For the nine months ended April 30, 2022, wholesale sales were $296,889, representing 63% of total sales
Currently, our products are available through 300 distribution points across Canada including Nesters, Choices, IGA, Whole Foods, Your Independent Grocers, Thrifty Foods, Safeway, Metro, and other independent grocers.
Wholesale distribution expansion is the focus for the company in the short and long term.
For the three months ended April 30, 2022, we recorded DTC sales of $42,575, representing a decline of 20% over the previous quarter. DTC sales were 20% of total revenue. We attribute the decline in revenue for the three months ended April 30, 2022 to our strategic reallocation of funds and resources on the wholesale channel of the business. For the nine months ended April 30, 2022, DTC sales were $137,139, representing 29% of total sales
We are currently being carried by the following retail customers:
• Nesters (16 locations),
• Choices (10 locations),
• Nature’s Fare Market (7 locations),
• Fairway Market (10 locations)
• IGA (14 locations),
• Country Grocer (6 locations)
• Stong’s Market
• Fresh St Market (3 locations)
• Foodland (14 locations)
• Whole Foods Market (Western Canada locations)
• Your Independent Grocer Stores of Loblaws (33 locations)
• Thrifty Foods (7 locations)
• Safeway (5 locations)
• Metro (14 locations)
We aim to expand into the US market in 2022. The US market is a significantly larger market than Canada. We are also actively engaging with other potential US distribution and broker partners.
In March, we attended the Natural Product Expo West (NPEW) show, in Anaheim, California from March 10-12, 202, which is expected to gain valuable exposure for our products in the US wholesale distribution. Our Lasagna was a finalist for the NEXTY award in the Best New Frozen Product Category and was also recognized with the Best New Vegan Product Award by VegNews Magazine
OUTLOOK
In the next 12 months, we will continue to strengthen our sales channels and strategy, and onboard new distributors and brokers to expand our presence in the Eastern provinces of Canada and to the US market. We aim to grow our
distribution network to reach 1,000 distribution points by the end of 2022.
eCommerce will continue to be a key pillar of our omnichannel strategy and allow us to create a direct relationship with our consumers. However, our sales focus will be expansion through wholesale.
We will continue to follow an asset-light strategy and focus on developing co-packing partnerships to increase capacity and commercialize new products. We aim to hone our innovation process through our Komo Eats concept and local launches to validate new product ideas before scaling through co-manufacturing partners.
During the three months ended April 30, 2022, we recorded revenues of $213,405 and achieved 29% quarter-over- quarter growth, driven primarily by strong demand in the wholesale channels. We recorded total revenue of $473,713 during the nine months ended April 30, 2022.
All our sales are generated from the Canadian market as we build out our US distribution strategies.
Gross profit consists of product sales, less costs of manufacturing products and all other related expenses to make products ready for sale. For the three and nine months ended April 30, 2022, we generated gross profit of $82,530 and $179,281 respectively, representing 39% and 38% of revenue as compared to gross profit of $3,027 for the same periods of the prior year, representing 19% of revenue. The gross profit margins are consistent with management’s expectations.
OUTSTANDING SHARE INFORMATION
We are authorized to issue an unlimited number of common shares. As at April 30, 2022, there were 97,070,939
common shares issued and outstanding. We also had 52,995,559 share purchase warrants with a weighted average exercise price of $0.33 and 16,848,000 stock options with a weighted average exercise price of $0.13.
As at April 30, 2022, we had convertible debt in the gross amount of $1,000,000 which consisted of 1,000 units at $1,000 per unit. Each unit consists of one unsecured convertible debenture (the “Debentures") and 7,000 common
share purchase warrants of the Company (the "Warrants"). The Debentures bear interest at a rate of 10% per annum on an accrual basis from issuance, calculated and payable semi-annually in arrears on January 31 and July 31 of each
year, with payment commencing on January 31, 2022 and with a redemption date that is 24 months from the date of issuance. The Debentures are convertible in full or in part, at the holders' option, into common shares in the
capital of the Company at a price of $0.14 per common share, at any time prior to their redemption. Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.16 per share for a period of 36 months from the date of issue.
I disagree, but that is what makes a market.
Absolutely! All good here, matter of time.
They needed money no question as it's clearly stated in the fins. But it's also shown what they needed money for, such as recipes that allowed them to create an award winning product. For a company doing over 200k a quarter with a massive growth trend and a market cap of 3mil. Looks like a buy and good investment to me
Love we have some action on this board again
The financial disclosures tell all. It's not investment grade, at all.
More akin to junk.
Intereating how this "scam" was able to create the best new vegan product of 2022 according to https://vegnews.com/ with Komo's plant-based Lasagna that was that was on display at www.expowest.com
I love that there is some interest in the board here.
Yes sir, all good here.
Every Q the sales are getting higher and higher, constantly expanding. With komo's food products soon to be across the western USA
Yes sir! KOMOF will come back.
I love that there is some interest in the board here.
Scams are always interesting.
No, it should be at $3 and will most likely get there - thanks for your interest here.
Should be .0003
KOMOF - Rapid Growth
Look at the increase in quarterly Sales in the last year of Komo Comfort foods, The Natural Products Expo West (NPEW), Best of Show Award 2022 winner:
Jul '21 - $ 46.81K
Oct '21 - $ 94,260
Jan '22 - $ 166,050
Apr '22 - $ 213,410
Great increase in growth with more to come
Continued growth:
"[KOMOF] now being carried in 4 out of 7 western Whole Foods Market locations"
US Expansion:
"[KOMOF appointed] U.S. sales consultant, Caboodle Consulting LLC (Caboodle), to develop Komo's retail expansion throughout the United States."
"[KOMOF] partnering with HLC Distributing as a third-party logistics (3PL) Warehouse for the U.S."
"[KOMOF] now available in the U.S. on RangeMe, the leading industry online platform that streamlines new product discovery between brands and retailers"
Canadian Expansion:
"Horizon Nature is now carrying all Komo frozen plant-based products for distribution, with a focus on Quebec and the Maritimes with a growing market in Ontario."
"[KOMOF] now being carried in a total of 240 distribution points across Canada; 39 of which are in Eastern Canada."
https://www.otcmarkets.com/stock/KOMOF/overview
Awesome - please share what he says. Thank you.
I have a call into the CEO, it's time I had a conversation about several issues, my big issue is the promotion campaign and the people that walked away with a wad of cash before the share price collapsed. Also I have an issue with the debt load and how it will be replaced, toxic funding is 30% interest and a 50% discount to market on shares.
If this thing goes down as a toxic funding scam out of Vancouver there may be the smell of gun powder in the air, American investors are getting intolerant of promo plays.
This company has too much potential to be brought down by a toxic funding scam.
I will keep you updated, and I am not shy about what I say to Company officials.
We need more eyes on it. It will be a banger
Yeah, this share price is total BS.
Yeah, should be a $1.00 stock right now.
Yes sir! Looking forward to some movement up.
Solid move up of 23% on low volume. Maybe shares are getting tight and we will start to see a share price that reflects the actual value of the company. looking to see more green days ahead
Yes my friend - just patience here and it will pay off.
Agreed 100% look at the increase in revs over and over, company is growing
I agree - US expansion underway! This is very undervalued here.
I think we see a strong move forward soon imo
I'm calling this the bottom!!
Added 200,000 @ .03
May flounder in this area for a while, there are some overhang shares from promoters that need to go back into the market place, but a two year hold from here is looking promising if they can overcome the debt taken on.
I want to see who offers to buy this company out, which U.S. food distribution company wants a state of the art veggie deal?
Should be at least .30 if not $3! Put the bottle down.
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