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Everybody on the board can’t keep posting the same definitions for you
You’re seeing “shareholders of record” and thinking that is total shareholders
I’m not sure how to get you to understand it. I posted stuff from filings of nasdaq companies with the same language
I’m sorry I cannot explain it any better
The good news is that my 4 year old now knows the difference
I agree that’s probably why there are over 5,000 shareholders (as of this past February)
The ice cream is so good
I know you’ve read all the reviews because you were able to pick out a couple of negative ones from a list of about 250
Should I post the link again?
With well over 5,000 shareholders it could be anybody...
Maybe people lost jobs. Maybe they needed a car repair? Maybe it was one of your posts??
People sell for lots of reasons and when you’re dealing with such a massive number of shareholders, as you surely know, that just brings more variables into play
To be more clear, it seems “shareholders of record” is a subset of all shareholders
Knowing that this subset is 5 or 49 or 200 large does nothing to inform us on the size of the number of people that own shares
Perhaps that clears up any confusion??
You are confused
“Shareholders of record” and “shareholders” are not the same thing as it applies here
Look it up
You’re the one pointing to the # of shareholders in the filing as evidence. Nobody else!
You say you’re using common sense and experience (blink, yawn)
We will have to take your word for it unfortunately as this is going in circles
The filings clearly state that the number of shareholders is incomplete and I think that’s by design since it’s the case with Tesla and whatever the other NASDAQ company was that I linked to
Slotting fees make the revenue number much smaller than the gross sales number.
Looks like there is plenty of margin to me so that if they grow they can make some coin
maybe this will help (taken from the NGTF 10K at https://ir.nightfood.com/all-sec-filings?form_type=10-K&year=#document-2705-0001213900-19-020355)
HOLDERS
The approximate number of stockholders of record at June 30, 2019 is 193. The number of stockholders of record does not include beneficial owners of our common stock, whose shares are held in the names of various dealers, clearing agencies, banks, brokers and other fiduciaries.
Q:
What is the difference between holding shares as a stockholder of record or as a beneficial owner?
A:
You are the “stockholder of record” of any shares that are registered directly in your name with Tesla’s transfer agent, Computershare Trust Company, N.A. A minority of our stockholders are stockholders of record. We have sent the Notice of Internet Availability directly to you if you are a stockholder of record. As a stockholder of record, you may grant your voting proxy directly to Tesla or to a third party, or vote in person at the 2020 Annual Meeting.
You are the “beneficial owner” of any shares (which are considered to be held in “street name”) that are held on your behalf by a brokerage account or by a bank or another intermediary that is the stockholder of record for those shares. The vast majority of our stockholders are beneficial owners. If you are a beneficial owner, you did not receive a Notice of Internet Availability directly from Tesla, but your broker, bank or other intermediary forwarded you a notice together with voting instructions for directing that organization how to vote your shares. You may also attend the 2020 Annual Meeting, but because a beneficial owner is not a stockholder of record, you may not vote in person at the 2020 Annual Meeting unless you obtain a “legal proxy” from the organization that holds your shares, giving you the right to vote the shares at the 2020 Annual Meeting.
How could somebody think a stock with the spikes and drops and runs this has had over the last few years could have only a couple of hundred shareholders?
I think they previously indicated that gross margin was over 50% on each pint
If that’s true, seems like maybe they can make it up in volume.
I hear ya
I think those 2 things were related (projections of rapid store growth and intro of celebrity flavors).
Product is great, market big. I think it can get there but will be measured in quarters/years...not weeks or months
interest is growing in both markets (supermarket and stock)
Some would rather draw attention away from that reality. But we’ve seen it before. Blink, yawn....
Exciting happenings and a bright future here for those who have their eyes open
AIMHO
If somebody won’t email the CEO with “questions”, why would the contact a transfer agent?
Maybe they’ll be in your town next so you can finally try some??
No further questions, your honor
This post is a predictable outcome as you chose not to share with several posters what questions you claim to have submitted
You still make no mention of them for some reason
Will you now share with the board what they are?
Nice website. Thanks for posting
Beautiful stores: https://www.rouses.com/orange-beach/
Sounds like over 5k to me...
What were they?
Hey when you are growing, there are bound to be lots of firsts ever and biggests ever
Lots of milestones behind us and hopefully more coming soon!!
5k+ shareholders is a pretty cool accomplishment
Lots of potential here!
Proud to be one of over 5,000 NGTF shareholders. looking forward to big things this year!!
please show where?
Looks like a company growing ant on the right track.
Let’s stay on topic. Can you show me where you’re basing the number of shareholders on? Is it mentioned in the most recent filing?
Please show me thanks!!
Haha. Ok yes I see I need to be more specific in this case
You just accounted for one debt holder. What about the other 99.8% you claim or the other 99.99% the company is claiming?
Can you point to the filings that show the shareholders?
Thanks in advance!!!!
Doesn’t sound like much to go on, tbh
Based on what?
Agreed!
Walmart here we come!!!
5,000 definitely sounds like a lot,
so If they said 4,000 would you also dispute it? What about 2,000 or 200?
What is the number you would believe?
I think when you see somebody post that management is lying, and then shy away from backing it up, that tells you exactly what you're dealing with.
Maybe he thinks they have 720 shareholders, or 14, or 4,999. But he insists they don't have more than 5,000 even though management has now stated it publicly multiple times.
then he won't take a stab at how many they have, or offer any proof.
so, I'd let that inform your expectations
of course that is a reasonable post and request. But some people won't engage in that kind of discussion.
I'm guessing there are some posters on here that haven't even tried the product for themselves. They can look at a list of a thousand reviews, 95% positive, and pick out the negatives.
in those cases, you cannot get an honest or open dialogue.
but, I applaud your efforts!
Thanks but I trust what I saw in the news release
Thanks! I’m focused on positive reviews, seeing the posts on Facebook and Instagram and adding more stores. It’s a big market
Really? And what is it?
New supermarket announcements they promised
Possibility of something in NYC
Pregnant celebrity testimonial to set things off
At least 1 and maybe 2 or 3 coming soon I think
How many do they have?
I think the ice cream sounds like a throw-in
Repurchase is the key. If consumers like the product enough to repurchase, the brand wins
All the customer acquisition cost and slotting fees are expenses that go away over time,