Sadot Group Inc (SDOT)

[brianslate]

So 45 million a month in revenue and market cap of only 43 million, what are they doing wrong?

[nudie]

They are targeting 5% net profit. Last q came in between 3 and 4%. But with new diversification in routes this and revenues might come in higher in near future.

[IPO$]

What was the net profit from that 45 million in sales? The press release does not disclose it.

[PURA VIDA]

Sadot Crosses $500 Million Total Revenue Milestone

FORT WORTH, TX / ACCESSWIRE / July 24, 2023 / Muscle Maker Inc. (MMI), the "Company" (Nasdaq:GRIL), today announced that Sadot LLC, a wholly-owned subsidiary, crossed the $500 million total revenue since inception milestone by achieving top line revenue of over $45.7 million for the month of June 2023. The announcement marks the eighth consecutive month in which top line revenue has exceeded $45 million and shows continued success of Sadot LLC with total revenue since inception in November 2022 of over $515 million.

"I am thrilled to announce another remarkable milestone. Achieving top line revenue of over $45.7 million for the month of June 2023 showcases our consistent growth and continued success of Sadot LLC," stated Michael Roper, CEO of MMI. "And now Sadot has crossed the $500 million revenue since inception milestone. With our recently announced amendment to the service agreement with AGGIA, which reduces the quarterly non-cash stock-based compensation expense by 50%, our monthly revenues are expected to have a more favorable impact on our financial reporting with the intended result of improving the bottom-line results for our company."

As reflected in the Company's recent announcements, these results highlight Sadot's continued efforts to deepen its presence in the global agri-food supply chain. Recently, the Company announced the expansion into new trade routes throughout North, Central and South America along with the purchase and initiation of farming operations in Zambia, keeping the Company on track to reach its goals of becoming a significant global presence in the sector.

Roper continued, "With the addition of Sadot, MMI has made a significant strategic pivot. In a short period of time, Sadot has produced significant revenues while generating noteworthy net income. The Company has expanded into multiple verticals in the global food supply chain including farming and warehousing, origination and trading, and food services. Recently, we were added to the Russell Microcap® Index which recognizes the Company's new strategic direction and recent performance. I look forward to sharing future announcements as our journey to become a global agri-food supply chain company and a significant participant in the effort to provide food security to global communities evolves."

The preliminary, unaudited financial results included in this press release are based on information available as of Ju

[nudie]

Anyone dares to give a price targer here. We know 2 analyst giving conservative targets of 4,50 and 5$. But that was before the expansion in American trade routes and huge news yesterday.

I call this a 10$+ stock in due time.

[PURA VIDA]

The Trade: Muscle Maker, Inc. (NASDAQ: GRIL) 10% owner Aggia FZ LLC acquired a total of 8,855,452 shares an average price of $3.12. To acquire these shares, it cost around $27.63 million.
What’s Happening: Muscle Maker amended its current Services Agreement with AGGIA LLC FZ.
What Muscle Maker Does: Muscle Maker Inc owns and operates three healthier-for-you restaurant concepts within its portfolio of companies: Muscle Maker Grill restaurants, SuperFit Foods meal prep and Pokemoto Hawaiian Poke restaurants.

Now we need another update on monthly Gross and Net income - and maybe a total to date. This will help move the share price up nicely again.

[nudie]

Huge volume just came in with sp spike to 1.42

[nudie]

I think they are still entitled to have the 14+m shares but they will have to add 50% more net income to get them.

[PURA VIDA]

Yes, that was a good news release. Now, if they can follow that up with the latest net earnings of the Sadot division - that would be great. Overall, the reduction in share count to 40% of net income generated is a very good thing for the share structure and thus overall pps. Let's hope for a good update on monthly income and hopefully some news on the new America's division.

[nudie]

Nice pr, Sadot must be pretty confident they will earn much more $ then anticipated to agree modifying the formula by which MMI will issue shares of common stock earned by AGGIA for net income generated through MMI's Sadot division from 80% of net income to 40% of net income.

[nudie]

Muscle Maker, Inc. and AGGIA LLC FZ Amend Services Agreement
7/18/2023
New Agreement to Reduce Expenses Related to Stock Issuance and Enhance Profit Potential

FORT WORTH, TX / ACCESSWIRE / July 18, 2023 / Muscle Maker, Inc. (MMI), the "Company" (Nasdaq:GRIL), today announced it has amended its current Services Agreement with AGGIA LLC FZ. The new addendum, among other features, modifies the formula by which MMI will issue shares of common stock earned by AGGIA for net income generated through MMI's Sadot division from 80% of net income to 40% of net income. The overall intended effect will be to reduce, by 50%, the quarterly non-cash expenses related to stock issuances to AGGIA, streamline the reporting processes and is expected to have a favorable impact the Company's financial performance.

Previous Agreement
Under the service agreement as previously entered, AGGIA earned shares based on the net income generated by Sadot. Specifically, 80% of Sadot's net income is used to calculate the shares earned by AGGIA. AGGIA has the potential to earn up to a total of 14,424,275 shares of MMI common stock, which the new addendum has not impacted. AGGIA has earned 5,568,823 shares through Q1 and has also nominated eight new board members by generating over $9.9 million in net income to date.

New Addendum
Under the new addendum, AGGIA may continue to earn shares using net income generated in Sadot. However, instead of allocating 80% of Sadot's net income for stock issuance, we have modified this allocation to 40%. This change will reduce the quarterly non-cash stock based expense by 50% with the intended result of improving the bottom line results for the company.

Commenting on the new addendum, Muscle Maker CEO Michael Roper, stated, "This addendum reflects AGGIA's continued support and confidence in their performance going forward. We believe this addendum will significantly clarify our financial reporting and improve our quarterly reported net income. While the fundamental terms of the agreement have not changed, i.e., AGGIA has nominated eight new board members, they still have the opportunity to earn up to 14,424,275 shares of stock, etc. The new addendum however is expected to cut our quarterly stock-based expense in half and more than triple the amount of net income from Sadot that will accrue to MMI's bottom line. This is a significant improvement in our reporting processes and efforts to enhance shareholder value."

[PURA VIDA]

We should get news soon. Doing a bit of research, I noticed that all of the directors were issued shares on Wednesday. (generally, this seems to happen right before financials are released to the public)

https://www.musclemakerinc.com/sec-filings

https://www.musclemakerinc.com/press-releases

I hope we get the news soon though so we can keep the BOUNCE momentum going and so the stock can begin the ascent to $5 plus as it should be and has been forecast. (and this price target was before the recent America's expansion)

https://s27.q4cdn.com/906368049/files/News/2023/Zacks_SCR_Research_05222023_GRIL_Kerr.pdf

Happy weekend

[PURA VIDA]

Without any updates so far today - Same old story, same old song and dance...... albeit trading sideways at the 200 EMA at 1.14 - 1.16 area on the 30 minute chart. Come on Muscle and Sadot guys - show us the money. News either after market or before market opens tomorrow would sure help pps.

[PURA VIDA]

Yes, we sure could use that update. If you look at a daily chart, whoever is playing HELL with the share price pushed it ALL THE WAY down to the 200 period EMA and then it bounced. We NEED a good update to keep it above that 200 EMA at 1.02

[nudie]

Finally a better day with more buy volume. Hopefully next Sadot uodate with June sales will be good. Might see report today.

[PURA VIDA]

Yesterday was a real shit show of corruption.

HOPEFULLY GOOD NEWS HITS THE WIRES THIS MORNING.

[PURA VIDA]

Yes, I watched them plunge it from bids at 1.15 down to 1.11 in seconds. Some bastards ran stops again and want cheap shares - HOPEFULLY it means news tomorrow. They put HUGE asks at a price right above where they want to buy at - hoping - others fall for it and sell into their lower bids at 1.10 (It is a manipulative blocking maneuver) corrupt - but hey - they always get away with it.

[nudie]

Look at ask nog, over 100K on 1.12. What a joke.

[PURA VIDA]

MM's can short sell - it's mainly computerized on NASDAQ - but - it's supposed to be fairly distributed.
You can tell if you watch Level II and the AT ladder that the MM's are definitely cheating here. But again,
the SEC can't monitor all of this bullshit that goes on. That is why the RICH get richer and the little guy usually gets thrown out of the party.

[nudie]

It just shot up from 1.10 to 1.23. Mm's already working it down again.

True about mm, but is MMI and/or Sadot also no to blaime? Mm shouldt have that many shares to gain full control of sp.

[nudie]

Time to stop this bs. Ridiculous market makers can just decide where they want to trade it.

[PURA VIDA]

1.10 gap just filled - now I have plenty - but - what the hell is next ? NEWS ??????
New MONTHLY record revenue increase ??? Sure as hell hope so.

[PURA VIDA]

Nice $1.15 9000 share extended hours purchase. I hope that means news is coming.

[PURA VIDA]

HORSE SHIT RESPONSE - You'd think they could do better than this - IR is a joke. Oh well.

Response:
Thank you for your inquiry.

Based on the announcement made by the company (Muscle Maker Inc. Announces Share Repurchase Program Covering up to $2 Million of its Common Stock), a share repurchase program has been authorized and is effective immediately. However, the timing of any purchase, any number of shares repurchased, and the prices paid for shares under the program would depend on general business and market conditions, the trading price of GRIL common stock, and corporate and regulatory limitations. Therefore, there is no assurance that any share repurchase may occur or the timing of such.

[PURA VIDA]

Yes, it still looks like they want to fill that very small inter-day gap at 1.10 - whoever "they" are. Might be an AI computer doing all of this bullshit.

I have been following another ticker DCFC which is going through the exact same BULLSHIT. It's odd for a NASDAQ company like GRIL and DCFC to get played/manipulated so easily.

Oh well - in for the LONGHAUL here and have another order sitting at 1.10 just in case.

Have a great weekend. Hopefully we can bounce before EOD bell.

[nudie]

I also did that, although mine was less friendly adressed its ridiculous how they keep playing the sp down.

[PURA VIDA]

Just wrote an email to Investor Relations. [e-mail]

I asked them where shareholder's could find information on the 2 Million dollar
share repurchase program they said they were going to begin in April. I asked
if it had started - if it was already completed etc. And, where I would go to see
those transactions.

I also said - If it has not started - NOW would be a GOOD time to begin as there
are probably a lot of shareholder's like me who are actually down 20% on their
investments here. I am still down 20% and I have averaged down nearly daily.

Hoping we get some GREAT news on Monday before the bell.

[PURA VIDA]

I believe we will. At this moment, they are pushing the share price down to the lower bollinger band on the daily chart at $1.14 and it is holding. I have another order sitting down at the small inter-day gap of $1.10 just in case they run some more stops.

Best of success

[nudie]

You might be right, they are trying everything to get more shares. Probably next weel we have update over june sales. Hopefully we already see a piece of new Sadot subs with America transport lines.

Propably not yet this month but czn we cross 100M next month with higher gross margin?

[PURA VIDA]

Just some rambling: Following the Level II and the AT ladder on the ThinkorSwim platform, I noted that the last week of trading sure looked to have a lot of stop running. Yes, it is easier to see when you use the Active Trader ladder and can see all collective bids and asks. There were some significant runs down to the 1.10 area and they came pretty quickly. (I felt the need to ADD at these levels)

I believe that some entity wanted shares cheaper and thus ran the price down and stole some peoples shares that had stop limit loss orders in. Why? Because there will most likely be news out next week that shows even greater monthly sales as Muscle Maker has been publishing monthly sales data at the beginning of each month since Sadot LLC became a subsidiary.

Good LUCK and SUCCESS fellow GRIL investors.

[PURA VIDA]

It's possible that AGGIA is still selling some of the shares to generate more cash for the expansion costs involved. They had over 1 million insider shares sold on the last report. It takes money to make money.
With the expansion into the America's - these shares may have been sold to generate the up-front cash needed to reach all of the companies involved. Long-term - we are solid.

[nudie]

No idea, my guess it is manipulation so fund managers can get their piece of shares. But then who is selling?

[peterp61]

Why is this not getting the attention it deserves? Who knows what?

[PURA VIDA]

Yes indeed !

[nudie]

Although it is annoying that someone keeps on blocking the ask. Patience is the key here.

[PURA VIDA]

Another POSITIVE for the company.

[PURA VIDA]

Great point - neither am I

[nudie]

Muscle Maker, Inc. Added to Russell Microcap(R) Index
6/26/2023
FORT WORTH, TX / ACCESSWIRE / June 26, 2023
https://www.accesswire.com/763608/Muscle-Maker-Inc-Added-to-Russell-MicrocapR-Index

[nudie]

And more important on higher margins. Not selling my shares below $5.

[PURA VIDA]

I would imagine those additions will double monthly revenues given some time.
It seems that we could be seeing a company whose share price will rise past $5/share.

[nudie]

Muscle Maker Inc Subsidiary, Sadot LLC, Announces Strategic Agreement Expanding Commodity Trade Routes into the Americas
6/22/2023
FORT WORTH, TX / ACCESSWIRE / June 22, 2023 / Muscle Maker, Inc. (NASDAQ:GRIL), (the "Company" or "MMI"), is pleased to announce that its subsidiary, Sadot LLC ("Sadot"), has expanded its agri-commodity sourcing and trading operations into North, Central and South America, further diversifying the Company's geographic reach beyond its existing operations in Europe, Asia, the Middle East and Africa.

The expansion was facilitated by a strategic agreement between Sadot's agri-food operations and newly-formed Buenaventura Trading LLC ("Buenaventura") based in Miami FL. Buenaventura's team brings a wealth of experience and exposure to new trade routes throughout the Americas by adding multiple sourcing and trading consultants to Sadot with backgrounds from several of the largest international food supply chain organizations.

In order to support the expansion into the Americas and our agreement with Buenaventura, Sadot LLC has formed a new subsidiary, Sadot Latam LLC. This agreement marks a significant milestone for Sadot as it provides access to new trade routes originating in North America to markets in Central and South America. The planned Americas trade routes are intended to generate accretive value for the Company by tapping into the thriving market demand for agricultural products across Central and South America. This planned expansion is expected to further enhance Sadot's position as an emerging entity in the global commodity trading industry.

"Expanding and diversifying our trade routes to include transactions in the Americas aligns perfectly with our growth strategy," said Michael Roper, MMI's CEO. "We believe this collaboration with Buenaventura Trading and its team of experienced consultants will not only enhance our market presence but also enable us to deliver greater value to our customers and stakeholders. As we establish new relationships and new geographies, we anticipate the ability to continue to scale our revenues."

The expansion into North, Central and South America positions Sadot and MMI for continued growth as the Company grows its global supply chain business. With a strengthened trade network spanning the Americas, Sadot is well-positioned to pursue its goal of seizing market opportunities and delivering increased growth for the Company and its shareholders.

About Muscle Maker, Inc. ("MMI")
MMI is an emerging player in the global food supply chain sector. MMI and its agri-foods subsidiary, Sadot LLC, connect producers and consumers across the globe, delivering agri-commodities from producing geographies such as the Americas, Africa and the Black Sea to consumer markets in Southeast Asia, China and the Middle East/North Africa (MENA) region.

MMI and Sadot currently operate within two verticals of the global food supply chain including 1) global agri-commodity sourcing and trading operations for food/feed products such as soybean meal, wheat and corn and 2) food service operations with more than 50 restaurants across the U.S

MMI and Sadot continue to grow in size, diversity of operations, as well as in human and financial capital, but the principles that guided the Company remain the same - sourcing and providing healthier foods. The Company is headquartered in Ft. Worth, Texas with offices and operations in the U.S., Dubai, Israel, Singapore, Ukraine, and Zambia. For more information please visit www.musclemakerinc.com.

Forward-Looking Statements
This press release may include "forward-looking statements" pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products, or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as "should", "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes." Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in documents that we file from time to time with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Muscle Maker, Inc., does not undertake any duty to update any forward-looking statements except as may be required by law.

Investor Relations:
Frank Pogubila
SVP
Integrous Communications
W - 951.946.5288
E - [e-mail]

SOURCE: Muscle Maker, Inc.

You can view this article online using the following link: https://www.accesswire.com/763030/Muscle-Maker-Inc-Subsidiary-Sadot-LLC-Announces-Strategic-Agreement-Expanding-Commodity-Trade-Routes-into-the-Americas

[nudie]

I cannot add anymore, am already full in.

[nudie]

With share buy back that would be .50 profit per share for Sadot. This will go over $5 for sure.

[PURA VIDA]

Yes, pretty phenomenal - I keep adding shares.

As well, it might not mean a LOT, but - Zacks Small-Cap Research Sets $5 Price Valuation

Best of success to all investor's here !!

[nudie]

From 3.3 to 6.6M in net revenues it took 3 months+. From 6.6M to 9.9M less then 2 months. Nice growth exelaration!

[hgfish]

Yes it looks like they could do around 20 million a year profit at 15 times that would be over 6 dollars per share or more..

[PURA VIDA]

Growth - Growth - Growth
https://ih.advfn.com/stock-market/NASDAQ/muscle-maker-GRIL/stock-news/91303019/current-report-filing-8-k

[peterp61]

SADOT is the reason to buy. That is what is growing like a wild fire.

[nudie]

Stockprice is manipulated by big boys. When they have the number of shares they want, it will run.

[hgfish]

Go to there web site an look at there menu and see what you think.