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Well, you can think that if that helps you. There is zero chance NGTF gets this far with WalMart for this to be a "paid off" opportunity. That said, EVERY brand goes through the grist mill of trial periods.
WalMart is the first of many...(see slide 12)
https://d1io3yog0oux5.cloudfront.net/_473972d5543ca483f99a05912e89ab23/nightfood/db/176/1206/pdf/Nightfood+NGTF+December+2020.pdf
I might suggest that WalMart is just the beginning of announcements about expanded distribution. Based on the presentation deck on the website, there are more whales about to be landed.
I'm sure you'll agree, you dont fall out of bed and get on the shelf at WalMart. Trial or no trial = massive milestone and brand exposure
Hahaha, you spent all that time digging for a statement that has nothing to do with the WalMart news. Keep pumping your short-sell info, #notworking
Sounds like your both in panic mode
Does it matter?
Looks like 'luck' just ran into reality. Sorry for your loss
Breath people
Also keep in mind Jim Christensen, VP of Ice Cream came from Unilever and was instrumental in the acquisition of Ben & Jerrys which took the stock, at the time, from $17 to $46. Not saying that will happen here, but he's the right guy to facilitate growth.
I would normally agree but based on volume I would disagree to your premise. Its probable, the long-term interest in NGTF and the ability to meet the demand are driving run...and possibly getting interest from institutional buyers.
In all of the excitement don't forget the demand for edibles is also off the chain. Both of these together could be part of the driver for higher.
Yes. With a Biden admin, seems like sentiment is leaning towards cannabis opening up inaccessible mkts under Trump. All impacts Nightfood Hldgs corp
Your opinion. I disagree
REASON FOR THE JUMP...its actually not about the ice cream.
https://mmcthemonitor.com/uncategorized/838970/cannabis-infused-edibles-market-size-growth-factor-key-players-regional-demand-trends-and-forecast-to-2026/
https://lionlowdown.com/uncategorized/577051/cannabis-infused-edibles-market-2020-global-share-growth-size-opportunities-trends-regional-overview-leading-company-analysis-and-key-country-forecast-to-2026/
The debt is concerning and the mentions of that several times in the report along with the stated forecast of an additional $1.5-$2.5 needed for solvency.
Going Concerns are Going Concerns. Trying to find the silver lining here but the report is not what I had hoped for.
You should still be excited but maybe back up a bit and consider what was really said.
Sean said the "goal" was 10,000 points of distribution within a year, he did not say we will have 10,000 points of distribution within a year.
Goals are Goals and we like goals, but managing expectations is key to a disciplined approach. There has been tremendous progress to-date. Anyone on this board should ask themselves, if they were Sean and had created this team, this product, these relationships, this brand image in a 2yr window AND be where we are at today (not stock price but exposure) - you would say its a pipe dream. But here we are.
Also, Sean explained the pivot away from celeb brands and you should be thankful for that decision! They are making the right moves when they need to. Some strategy plans work and some don't so you take what you can learn and PIVOT. This is a very smart decision. Sean said on the call, they can always come back to this strategy when there is more brand momentum and use the celebs exposure to leg-up.
Pickled Ice Cream - Ummm, have you Googled pickled ice cream? Yeah, not going to make you millions but this is not an "off the wall" idea. There is a market for it and again, it is part of the pregnancy market strategy.
I'll admit, this took me by surprise at first and I was not sure where this was going, but I think this could have potential to grab a particular segment that they can build on.
Everyone has to make decisions that are best for them, but if you were to build a brand fro the ground up, I think NGTF has accomplished a ton in a short period of time. Its a long horizon.
Anyone have a link that works?
Thank you!
Can someone provide an update of the call today? Was booked on another call and could not make it. Thanks in advance
How so?
Totally agree.
Have fun while you can if your shorting the stock. Production, profit and free cash flow will eventually dry up short positions.
Was there a reason given?
What the hell is going on with this stock?
Put this message out earlier in the week. OTC will not allow the trade because of no reporting.
https://www.otcmarkets.com/stock/GCGX/overview
In the spirit of full transparency...
https://www.forbes.com/sites/simonmoore/2019/01/30/the-hidden-signal-in-delayed-earnings-announcements/#64529b255750
FYI - trade volume is about 1/4 today of daily average 2,687,570. OTC flag is really hurting volume. We need the report!
Totally agree with this comment. Well said.
Here's the thing - let's say you're right. If that's the case, I'm out what I could afford to lose. But. If I'm right and your wrong, you've just blown it twice. Once on the tggi deal and second on missing out on a great comeback story for Dwyer. Cheers!
Currious - did tggi have all of the same assets?
My theory...bad press is good press. The haters on the board could very well be Dwyer himself (or cronies) pushing negative messages to provoke the fight.
Makes perfect sense. You need the negative side of the story to push the positive higher.
Doesn't explain no report, but its fun to banter.
The shorts could be in trouble...Global Consortium has been working with its CPA, to complete the Yr end #'s and the 1st Qtr report. A valuation is being conducted on the acquisition last year to ensure the fins are being reported according to GAAP. Thank you for your patients the 1st report is the hardest!!
How do you know?
Not selling BUT...you should know that Fidelity will no longer allow buying due to OTC flagging GCGX for no report.
GCGX Announces New Machine to Process...
http://wallstbulletin.com/2019/04/global-consortium-gcgx-announces-new-machine-to-process-600-pounds-of-product-every-8-hrs/