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This is going to the moon! I believe after reading who owns millions of shares, including Boston Scientific and others, there could be a buy out! I am long and this is my opinion.
Kannaway is having a webinar today on Premium Humulus Oil. Listed on their web site kannaway.com if anyone is intrested
The last two t trades today was a buy! One was 500,000 and 452,672!
I am out for now. Good Luck!
Yes, I was talking about the form 4 80,000 the other day. Now we have 8k
Form 4 posted on here, Is this the good news we were waiting on?
I'm still with you. Hope we get some more good news soon and more people take notice
Sorry to see you go. Hanging on here for a little while longer.
I do believe your right! Will be going back up, not worried here.
Sounds good to me! Let's go NGTF!
We sure need some more on this! It will catch on pretty soon!
We are back to .16 already. Hope we break past this today
Looking really good!
I believe .25 and maybe more! Next few days should keep going up!
I agree
I so believe we will because of news posted today!
Love the Green today! Let's Go!
Hope Boom time into next week!
NightFood (NGTF) Reports Record Revenues, Targeting 100% Quarter Over Quarter Sales Growth and Disruption of $50B Market Segment
TARRYTOWN, NY--(Marketwired - Dec 1, 2017) - NightFood Holdings, Inc. (OTC: NGTF) the category leading, better-for-you, sleep-friendly nighttime snack company, announced that October and November were the two highest direct to consumer sales months in Company history.
Revenues have already surpassed last quarter by 39% with one month remaining in the current quarter. Management believes 100% quarter over quarter revenue growth is within range for December.
"Our new website is delivering conversion rates much higher than what we thought would be possible," commented NightFood CEO Sean Folkson. "Consumers are going from having never heard of NightFood one moment, to placing a full price order on our site in a matter of minutes."
Folkson continued, "You don't just spend $23.99 plus shipping on a snack you've never heard of, and never tried, unless it's solving a real problem in your life. Remember, there are over 150M nighttime snackers in the U.S. combining to spend over $1B weekly on nighttime snacks."
Management believes the new NightFood site more clearly and powerfully communicates brand value to the consumer. This allows for more transactions at full price, without the need for discounted pricing to entice consumer trial. As a result, the Company has made significant adjustments to 2018 projections, greatly reducing promotional pricing discounts.
Sales at the full $23.99 made up over 95% of NightFood.com transactions. Full price sales deliver gross margins of 70%, while developing a base of customers that are less price-sensitive. Management expects this can lead to higher reorder rates, significantly higher lifetime customer value, and earlier profitability for the Company.
"The new website does a fantastic job communicating the NightFood value proposition to the mainstream consumer. The goal of our campaign has always been to predictably acquire new customers significantly below lifetime value, and do it at scale." offered NightFood CMO Peter Leighton.
Common Thread Collective, NightFood's E-Commerce partner, has been conducting tests on the new NightFood website, and is now ready to introduce the element of video to the online marketing mix. The Company believes deployment of the video assets will further drive down the cost of acquiring new customers. This is in addition to the national TV ad campaign launching in early December, which will deliver 10,000+ airings of NightFood commercials across the United States.
NightFood products currently rank #1 on Amazon for many relevant search terms, including "nighttime cravings," "bedtime snacks," and "healthy late night snacks." NightFood products are currently in the top 5 results for other popular search terms such as "cravings" and "snack bars." Amazon product reviews continue to average over 4.2 stars.
All sales metrics in this release are based on reports provided by Amazon and Shopify. Total product sales for October were $25,889 before refunds of approximately 2%, and promotional pricing expenses of approximately 47%. In November, Amazon promotional pricing discounts were greatly decreased, resulting in total product sales of $24,695 before refunds of approximately 2%, and promotional pricing expenses of only 23%.
"We're building a company that will create a major disruption in the snack industry," added Folkson. "New inventory has recently been ordered and will be in stock in approximately 60 days. At that time, we will drastically scale online ad spend to drive a whole new level of revenue growth throughout 2018. We plan to expand our product line by adding new NightFood bar flavors and recipes, while potentially introducing additional NightFood snack formats such as bites and ice cream and a new CBD-infused snack brand."
About NightFood:
NightFood (OTC: NGTF), "The Nighttime Snack Company", is a snack food company dedicated to providing consumers delicious, better-for-you, sleep-friendly choices for evening snacking. According to IRI Worldwide, 44% of snack consumption occurs at night, representing a consumer spend of over $1B weekly on nighttime snacks.
Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most "compelling and category changing" trends for 2017 and beyond.
Currently, consumer's most popular choices are cookies, chips, ice cream, and candy. These options are generally understood to be unhealthy, and often contain ingredients and nutritional profiles that can impair sleep quality. NightFood creates, manufactures, and distributes snacks formulated to help consumers satisfy nighttime cravings in a better, healthier, more sleep friendly way.
The Company has recently begun research and development regarding nighttime snacks infused with CBD to promote and support better sleep.
For more information, visit http://ir.nightfood.com and www.nightfood.com
Questions can be directed to investors@nightfood.com
Forward Looking Statements:
This current press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any products sold or cash flow from operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Media Contact:
Peter Leighton
888-888-6444, x5
Investor Contact:
Andrew Austin
A.S. Austin Company
888-888-6444, x3
Copyright © 2017 Marketwired. All Rights Reserved
I am at a loss and still holding long, $$$$$$$$$$$$ coming and plan on buying more
I am at a loss here, but I will keep holding! Good things are coming!
I am still holding, I am at a loss, but will still hold. It will come soon!
Ya'll need to be patient. You should read the previous post. The distribution center is in fl, and they had damage from the hurricane. This is going to be huge when they start shipping every where! I will not sell
I still can not believe nobody is talking about this 8,000,000 buy after hours
Thanks, I gave you a follow too!
You and me too! And I am a woman, I guess I should have put my real name, Melissa
Still can not believe no one is talking about the 8 million buy after hours
Shouldn't we be excited because the buy went in after hours and it is showing on nasdaq and in here on the streamer
Yes as a form t
DEFINITION of 'Form T'
A form that FINRA requires brokers to use for reporting equity trades executed outside of normal market hours. Form T trades occur during extended hours - before the market opens and after it closes. The objective of the Form T reports is to maintain market transparency and integrity.
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I looked on the streamer and it said a buy
Just ordered! Will let you know when it ships out and when I get it. I am long on this