Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ROFLMAO Positive Net Profitability Will NEVER Be Realized....
1. So long as operational losses continue to grow
and
2. So long as other expenses exceed gross operational profits.
Simply following a failed model of expansion by acquiring "new" bankrupt/near bankrupt/unprofitable companies has proven to be a really, really, bad model - as evidenced by the fact that FUNN has NEVER turned any of these bankrupt/near bankrupt companies to being positive net profitable.
FUNN_Needs_To_Cut_Down_Expenses_Starting_With_Own_Salaries_and_Giving_Back_Preferred_Shares_To_Company
Fire Director of Marketing
Close Down cafes which have little chance of becoming positive net profitable
ChiTown
Provo
1 or 2 of worst performing Toronto cafes.
VA Beach
secure a low interest, 5 year loan that will cover the cost of:
A CEO with restaurant and franchising experience
Quarterly/yearly accounting services for all remaining cafes
Audits for 5 years
Franchise in USA.
Face it, the expansion by acquiring bankrupt/near bankrupt cafes and turning into positive net profitable cafes IS A FAILURE.
Mostly because of lack of know how and mismanagement.
I am surprised that there are a few folks who actually think current FUNN execs are doing a good job managing FUNN
ALL the evidence says otherwise.
Growing Operational Losses and WORSENING negative net profits is NOT the right Direction......lol
Worsening Operational Losses - FACT
GROWING NEGATIVE NET Profits - FACT
BenDodger CRIPPLING FUNN by issuing $MILLIONS of dollars worth of preferred shares to selves = FACT
Buyout would be nice but only if > 0.11 per share
proving how? PPS needs to increase by 500% or something like that to recover from the reverse split and subsequent approval of new common shares.
Does MNMD have enough cash in hand for the next 2-4 years to cover all expenses?
Upcoming Golden Cross????
PPS still trading in channel, but "wedge" suggests a "bullish" trend. The 200 and 50 day MA appears to be headed into an intersection for a possible "Golden Cross".
I suspect that binary psychedelics will start to trend up between now and Nov 2024 elections; where there will hopefully be positive political activity promoting/advocating of MJ, cbd, and psychedelics to the people for then next year and a half.
MNMD pps has disappointed; especially w/ the reverse split followed by authorizing new common shares. What a shyte move that was on the part of MNMD execs
ROFLMAO Positive Net Profitability Will NEVER Be Realized....
1. So long as operational losses continue to grow
and
2. So long as other expenses exceed gross operational profits.
Simply following a failed model of expansion by acquiring "new" bankrupt/near bankrupt/unprofitable companies has proven to be a really, really, bad model - as evidenced by the fact that FUNN has NEVER turned any of these bankrupt/near bankrupt companies to being positive net profitable.
ROFLMAO
as to direction of PPS, I made no predictions as to the trend of pps.
So, wrong again!!!! lol :)
Wrong it was reduce salary of execs, and director of marketing; all of whom are failing the company and minority SH
And give company back preferred and common shares
it was reduce payroll by cutting BenDodger (and dir of marketing) salaries and giving back $5 mil worth of preferred/common shares back to the company (not insiders).
oh, wait - funn is trying to upsell fountain drinks to pay for their salaries.......
bwahahaha
LOL@Explosive Diarrhea
This is what happens with growing operational losses and worsening negative net profits??
but, wait.....FUNN management is most excellente!......
with upselling of fountain soda....it's a can't miss proposition
and BenDodger is so good at marketing and branding
FUNN Post Premature Pop Direction?
I can see pps going up or down short term.
May still need to test 0.01
Next support level is 200 day MA = 0.0085
Technically up in the air short term.
FUNDAMENTALLY Headed in WRONG DIRECTION as evidenced by
GROWING Operational LOSSES
WORSENING Negative Net Losses
S&L no longer able to merely survive on backs of USA and Canadian taxpayers' backs, and PPP loan forgiveness
Time for BenDodger to let Anais go, cut own salaries, and give back "stolen" preferred and common shares.
BenDodger_Doesn't_Already_Know? _Says_A_LOT_about_INEPTITUDE
Worsening negative net profits?
growing operational losses?
And pizz poor branding?
They don't know already????
why wouldn't ticker be on all the FB pages that they own or acquired?
Just takes an hour or two for html changes....and $100 to a high school kid
BWAAHHAHAHAH too fricken FUNN-EE
ROFLMAO yeah because S&L Branding is now Meaningless???
ROFLMAO is that because it was proven that BenDodger and Anais are ineffective and SUCKING at their respective jobs for things that they are responsible for?
So much for holding these folks for actually doing their jobs
Bwahahaha
Clearly I am RIGHT about the lack of S&L branding on RWI Website and Facebook_RFLMAO
So, I was clearly pointing out that YOU are wrong about the above!! LOL
Again, just additional proof of BenDodger's ineptitude.
They don't know they have worsening negative net profits?
They don't know they have growing operational losses?
They don't know they're Anais is sucking at Director of Marketing as evidenced by no s&l branding on Roll with it facebook and website?
Noone is asking BenDodger, because they ought to already know - and because directly asking BenDodger has proven to be an ineffective way to get them to change their horrible business model and business practices.....
Stupidest most ineffective idea since upselling fountain drinks....bwahahahah
RFLMAO - So FUNN Didn't Acquire the rights to the Roll With It Website or facebook?
BWAHAHAHAAH
So, why doesn't BenDodger ummmmm Shut the two sites down!!!!!???
bWAHAHHAHAHAHA
Stupidity reigns at FUNN
bwaahahahah...exactly the point!!! The two respective sites should be promoting the acquisition by S&L AND promoting the brand........DUUUUUUH!! lol
FIRE ANAIS please....lol
Then_Why_is_S&L_name_and_branding_MISSING_on_Roll_With_It's_Facebook_and_Website
S&L ownership and branding CLEARLY MISSING from facebook page
https://www.facebook.com/RollWithItBGCafe/
S&L ownerships and branding CLEARLY MISSING from Roll With It's own website
https://rollwithitbgcafe.com/
bwahahahahhaha TOO FUNN-EE. VERY DECEIVING ....AND directly speaks to Anais' inefectiveness and lack of ROI
known excuses
oh, it takes time....blah blah blah
oh, it's not the director of marketing's job...blah blah blah
BenDodger is too busy redoing menus, getting unaudited quarterlyies together, and upselling fountain drinks...
Folks, it take an hour to do html edits. Pay a high schooler $100 bucks to get it done...fer chrissakes.
Very_Deceiving_Roll_With_It_Facebook_and_Website_Makes_ZERO_Mention_of_S&L_Ownership_or_Branding
S&L has had Roll with it listed for some time now, but NOT on RWI Facebook or Website
That's how INEFFECTIVE Anais is; AND NO ROI to company on her hiring.
FUNN needs to cut payroll....starting w/ getting rid of ineffective positions and their own salaries.
FUNN execs also needs to return all of those preferred and common shares back to the company and out of their own pockets.
Premature Pop? lol
guess someone wanted to take their 30% gain for the day....
Not a particularly bullish technical signal
How Embarrassing For BenDodger RFLMAO
BenDodger prepares the unaudited financials.
They don't know about their growing operational losses and worsening negative net profits?
BWAHAHAHAHAHAH
Worst, most ineffective "solution" ever......just as bad; if not worse, than upselling fountain soda idea for growing revenue...
ROFLMAO
Trading outside of Trading Channel Testing 0.01
pps fell below 50 day MA of 0.0114 and outside of trading channel.
IMO, just a normal trading pattern. I thought it would pop up today, but more likely tomorrow or MON.
This would actually be a great time for BenDodger to release positive news about achievable action plans to deal w/ worsening negative net profits and growing operational losses; and what their plans are re: no more dependence on PPP loans or surviving on backs of USA and Canadian taxpayers.
or what they're actually doing to reduce expenditures; especially in payroll
should pop up today or tomorrow
testing floor of 0.011ish
0 VOLUME ROFLMAO
At least it didn't go down
Lol
Why Call?? They Don't Know That Negative Net Profits are worsening and Operational Losses are Growing?
Speaks to their ineptitude already?
bwahahahah, make a phone call. Like they're going to answer questions...
Their last Q&A was when?
When was last SH meeting? OH......never
LOL
Suggestion is almost as stupid AF as upselling fountain drinks
bwahahaha
RFLMAO FUNN is a Restaurant not a tech company BWAHAHAH
Is that the problem? BenDodger is unknowingly operating a tech company as restaurants
makes sooo much sense now.......lol
bwhahahahah
Issuing preferred shares to selves and CRIPPLING the company
WORSENING Negative Net Profits. Negative net profits 27 out of 28 quarters.
GROWING operational Losses. 28 out of 28 quarters of operational losses.
Hey, everyone FUNN is a tech company trying to upsell fountain drinks
bwahahahahaha
OMG, stupidest faux big picture MISS? swing batta batta batta swiiiing
RFLMAO FUNN Isn’t A Tech Company Fake Big Picture
That’s a crappy analysis bwahahaha
FUNN-EE as hell tho.
Bwahahaha
Analyze_This_RFLMAO_More_like_27_out_of_28_Quarterlies_Show_both_operating_and_negative_net_Profits_BWAHAHAHAHAH
And the ONE quarter that show a positive net profit of ~$98k was due to the PPP Loan forgiveness of $317,000 of other income.
Is sure does help to understand the current situation based on current and historical facts
whahahhaah
too Fricken FUNN-EE
WORSENING Negative Net Profits
Growing Operational LOSSES with acquiring near bankrupt/bankrupt cafes. What a great strategy...lol
Yes Funn Management is lame and need to GO
Tell Me It Ain't So, Joe....
Q. Which S&L cafe is losing the most money?
A. None of them are losing money. S&L game cafes are moving the right direction, even though our financials indicate that operational losses are growing and negative net profits are worsening.
Da real truth.....lol :)
RFLMAO_So_BenDodger_Doesn't_Already_Know_About_Growing_Operational_Losses_and_Worsening_Negative_Net_Profits????
Considering BC does the financials.....
Basically admitting their incompetence, eh?
actually, really really stupid idea RFLMAO. apparently some are missing the dripping sarcasm.
RFLMAO_The_Worsening_Negative_Net_Losses_and_GROWING_OPERATIONAL_Losses_Are_MEANINGLFUL
It helps to understand the unaudited financials
Hey, maybe we should call BenDodger if they know about the growing operational losses and worsening negative net losses!!!!!!!!
RFLMAO
Bwahahaha
Worsening Operational Losses - FACT
GROWING NEGATIVE NET Profits - FACT
BenDodger CRIPPLING FUNN by issuing $MILLIONS of dollars worth of preferred shares to selves = FACT
RFLMAO Based on 51,000 Visiters/Day
This ain’t rocket science.
That’s like 50 x the number of customers S&L serves during a weekend service FOR ALL 8 S&L CAFES COMBINED in a SINGLE DAY
RFLMAO
Bwahahaha
A_One-Of-A-Kind_Flagship_Game_Cafe_Belongs_At_A_Place_Like_Disney
A place like Disney has 51,000 visitors EACH DAY, a captured audience that have to eat and want a unique experience.
Not Chi-Town; where lease and overhead costs are way expensive relative to how much a game cafe can actually generate when tables only turned over 1x/2 hrs.
MNMD Minority SH Have Long Time to Wait
actually bringing to market is key
and several trials are behind schedule; which further delays fda approval and bringing to market.
MNMD should be fast tracking this sh**
pps needs to quadruple for many just to break even.
FUNN_Needs_To_Cut_Down_Expenses_Starting_With_Own_Salaries_and_Giving_Back_Preferred_Shares_To_Company
Fire Director of Marketing
Close Down cafes which have little chance of becoming positive net profitable
ChiTown
Provo
1 or 2 of worst performing Toronto cafes.
VA Beach
secure a low interest, 5 year loan that will cover the cost of:
A CEO with restaurant and franchising experience
Quarterly/yearly accounting services for all remaining cafes
Audits for 5 years
Franchise in USA.
Face it, the expansion by acquiring bankrupt/near bankrupt cafes and turning into positive net profitable cafes IS A FAILURE.
Mostly because of lack of know how and mismanagement.
I am surprised that there are a few folks who actually think current FUNN execs are doing a good job managing FUNN
ALL the evidence says otherwise.
Growing Operational Losses and WORSENING negative net profits is NOT the right Direction......lol
Issuing Preferred Shares To Selves For CRAPPY Performance
About $5 million dollars worth? Leaving FUNN high and dry.
FUNN really doesn't have much cash in hand. Certainly not enough to open additional NEW cafes on their own.
IMO, the only way out is if they close biggest money losers, bring the rest to positive net profitability, pay for audits, and franchise in USA.
Maybe BenDodger is having margaritas in Caribbean Islands????
]
Anyone Concerned About Cash And Delays in phase 2 and phase 3 Clinical Studies?
Who was responsible for reverse split?
What is FCMs position on getting studies back on schedule and actually bring drugs to market?
Technically_Bullish_FY23Q3_Prove_Fundamentals_Are_Crapp_With_WORSENING_Negative_Net_Profits
Was right about what would happen when FUNN no longer able to declare "other income" from PPP loan forgiveness.
Was certainly praying that BenDodger would find ways of reducing payroll, and/or increased prices, and/or turn tables over sooner than every 2 hours, and/or shut down their most unprofitable cafes that have no hopes of ever becoming positive net profitable.
Like Provo, ChiTown, and at least one Toronto cafe. They should try to create a situation in Toronto where there is more demand than supply.
If it weren't for those active liens and IRS problems in AZ; Tempe would already be positive net profitable?
Technically is in a bullish trading channel; which is good. Will likely test 0.01-0.011.
WORSENING negative net profits
Operational LOSSES GROWING
FUNN's_Negative_Net_Profitability_and_PPS_Action_has_little_to_do_with_Director_of_Marketing_or_an_IR_Dept
It DOES directly relate to the failed expansion model; which BenDodger has proven they can't execute and transform bankrupt/near bankrupt game cafes into a positive net profitable operation.
Last Qtr, Operational Losses GREW
Last Qtr, Negative Net Profits WORSENED
And, that was even adding the bankrupt/near bankrupt VA Beach Roll With It Game Cafe.
They were unable to reduce expenditures like payroll. In fact, expenditures grew.
PPS and FUNN's fundamentals have NOTHING to do with having an IR dept or ineffective Marketing Director.
It does have to do with poor management - as proven by its long history of failures.
They need to decrease payroll. How about $0 to BenDodger and Board of Directors?
Getting rid of Marketing Director.
NET LOSSES WORSENED. That's a fact.
OPERATIONAL LOSSES GREW
of course not They pretty much "stole" ~$5 mil worth of preferred and common shares
Why would they want to go when they can string Minority SH along
bwahhaahhaha