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There is no doubt that yours is shiny with all of your handy work.
I am good with what I have got....which is plenty.
Looking forward to chatting about the state of NGTF in the next 60 days.
I have given you enough attention for this weekend.
Later
Glad you are so full…I mean sure..of yourself.
Let’s chat again on this topic in 60 days.
Some have NEVER believed ANYTHING Sean has ever said….
Some call NGTF a scam….yet Walmart placed it in over 1000 stores in early 2021?
Some call NGTF a scam…yet it is currently for sale in over 180 Jewel Osco’s in Chicago?
Some call NGTF a scam….yet an International Hotel is about to launch it as brand standard a chain of over 500 properties?
I may be accused of gaslighting….. what should we accuse the others of?
Defamation?
Actually over >$37,000 sold at Walmart in Q2.
As you know the Walmart buyers have rotated Nightfood out of distribution.
Not sure of the exact reason - but likely lack of sales.
Somebody bought it?
Looking forward to what is said by those we doubt - once PO is placed?
Have you even tried Nightfood ice cream?
I have 5 pints of Milk & Cookie dough in my freezer and enjoyed some last night before bed.
How is that a scam?
Top 5 IHC part of scam?
Does anyone here really believe that a Top 5 International Hotel Chain will partner with and make brand standard a company that is a scam? LMAO.
Good News!! Believe!!
Nightfood is weeks away from finally being in national distribution of both the Vistar distribution centers and the IHC of over 500 locations.
This will happen regardless of what anyone believes?
And the Good news is that those who "don't believe" don't own shares anyway?
We will likely not see "the sales numbers" until the 10-Q in November.
IMO the share price will be well above $0.30 by that time - due to the press releases in the next 6-8 weeks.
Let's see if I am right shall we?
Per SEC 8-K 10/14/21 states Hotel sales were ROBUST
"National hotel rollout. Nightfood recently announced the completion of a successful retail pilot test of Nightfood ice cream in lobby shop freezers with a leading global hotel chain. The chain reported robust sales during the test period."
NGTF - Customer Acquisition - Hotels
Anyone who has been closely following the story of Nightfood (at least over the last 3 years) has seen that obtaining supermarket placement (which I might add is extremely expensive) really means NOTHING if you do not have sales?
Retail success with Start-Up Trade Spend (slotting fees, stay to play fees, BOGO and discounts) without large sales numbers is a loosing proposition.
What good is it to have placement in say 1300 Publix stores (at a cost of around $100 per store per SKU to get in the door) if you only then make up 1% of the total set in the store and nobody knows who you are?
The CEO confirmed that given the choice (which he now has) that he would prefer the Hotel vertical over Walmart distribution. Think about that for a minute?
Sure - in a perfect world Nightfood would have the capital to support maintaining the supermarket placement AND the roll-out into the hotels - but that is not the case?
From a customer acquisition perspective - how powerful will it be to make up 30-50% of the ice cream options in a hotel freezer?
Nightfood management has been told (by the IHC) that Grab & Go lobby sales are at the same velocity as an individual supermarket. "Sales were robust".
Give me 4000 hotels over 2000 supermarkets every day of the week and twice on Sunday.
I also do not believe Nightfood would have been able to offer additional formats (each with their respective slotting fee) in the retail space either - but should easily be able to introduce sandwiches, cookies and chips in the hotels?
I am not saying it is all roses here - but as an investor I believe our long term chance of Nighttime Snacking Category creation are MUCH better via the hotels than the supermarkets.
AAIMO
Something tells me these are not April fools comments?
NGTF CEO comments on social media this morning.
Sean;
"Getting Better Sleep" is a mega-trend in hotels.
Of course it is. And it's not just because Forbes says so.
Hotels are in the sleep business. Always have been.
And while luxury hotels like The Langham Hotel and Mandarin Oriental Hotel Group can offer turndown kits and overnight sleep studies, how can the tens of thousands of mainstream hotels fulfill their obligation of supporting better sleep quality for their guests?
One way is by offering sleep-friendly versions of the most popular nighttime snacks they're already selling
Hotels already have the pot of decaf out next to the regular coffee.
What's coming next?
How about Nightfood ice cream next to the Haagen Dazs? And Nightfood cookies next to the Oreos? And Nightfood chips next to the Pringles? And...you get the idea...
As we prepare to roll Nightfood ice cream into our first national chain hotel partnership, we're also preparing for a future where Nightfood sleep-friendly snacks are an industry standard in hotel lobby shops from coast to coast.--
Let's see if the Investor Deck is updated for April?
If the PO was placed today what is considered a "reasonable period of time" to report a material development?
I have NEVER EVER suggested that one should only buy shares of NGTF?
As you say it's a penny stock right?
Most only trade a penny stock....
But since the September 8th PR I am INVESTED in NGTF.
100% I needed to sell some of my shares last year.
No problem admitting that - only bummer is the short term gain.
Speak for yourself maybe?
There are some of us on this board that bought shares at $0.08 remember?
I sorry for those of you who feel confused & nervous about NGTF?
I want to be 100% clear that anything and everything I post on this board is either my own opinion (as to the direction of Nightfood as a company) or a direct posting from the companies SEC Filings and/or social media chat page.
Some of you feel that I am "gaslighting" which depending on your definition could mean a lot of things to different people.
If you want to question me as to my source of information then go ahead - but accusations that I am trying to present anything in the way of falsehoods is inaccurate at best.
Maybe check the definition below:
Gaslighting
IMO there are some here who might be confused, anxious, and perhaps unable to even trust themselves?
Just imagine that the world runs right.....
Then Nightfood secures distribution in 7500 hotels in the first 9 months after the initial launch (as management projects) then nobody on this board will not have to read another post from me supporting my belief that the Nighttime Snacking Category has arrived (or gaslighting as some would suggest).
Page 3 of 8-K released September 8th 2021
“The test results indicate we can expect to sell as many pints per week in a single hotel location as we do in a single supermarket"
8-K Sept 8th 2021
If the pilot sales were not good - why would an international hotel chain have Nightfood sign an agreement to launch throughout an entire chain?!?
Hotel TRevPAr....
Here is s 2020 article on TRevPAR in Hotels
TRevPAR
Every Revenue Manager is looking to identify potential areas of opportunity.
One of these Top 5 Hotels is weeks away from making "quite the deal" about offering NGTF in one of their chains nationwide.....They apparently (according to the CEO) even approved how their name appears on slide f#12 of the companies presentation deck?
This is NOT Gaslighting....this is about to get very real!!
Which one is it and when will it be announced?
The reason for the secrecy will be revealed soon....VERY SOON!
"I'll call the hotels and let them know NGTF got kicked out of Walmart?"
When a corporate level decision is made on a vendor it is made.
There will be an expectation of compliance throughout the entire hotel chain for the Nightfood pints (and potentially other formats)
Individual hotel owners are unlikely to care if Walmart does or does not carry the product. They will care about TRevPAR (not that I expect many of you on the board to care too much about that?).
Assuming the product sells as well as it did in the pilot testing across the entire chain....these hotel owners will be grateful for the incremental revenue.
Call away between your scanning - bleep, bleep, bleep - have a nice day!
Hotels care about the sleep quality of their guests
Some are missing the point of the CEO's comments.
When a product like Nightfood becomes "brand standard" in one of the largest IHC's in the world - it is "more likely than not" that EVERY hotel that cares about their guests sleep will also carry the products. The all care!!
We will only need to watch NGTF for the next 3-6 months to see if the comments from the CEO are an accurate assessment.
Who should we believe?.....The man who actually signed the agreement with the IHC or the boys on this board who for the past 3+ years have continually worked to trash that CEO and his company?
The guess the sound of the scanner is driving them crazy?
Purchase Order should drive Press Release
NGTF investors are eagerly awaiting the press release which will provide some confirmation of the initial distribution to Vistar.
Comments below are from the CEO this morning on the companies social media page;
"The GPO deal is expected to be super-helpful in terms of expanding the # of outlets once in distribution. Once we fill the first POs from the distributor, we’ll be “in distribution” in their warehouses.
From there, the GPO will reach out to their 10k+ hotel accounts and say something like: “Hey guys, this is the latest and greatest thing! You know how important sleep is and how important grab & go has become? Well, Nightfood is a line of snacks that is formulated for better night snacking and better sleep…it’s the latest craze and everybody is adding it to their markets. In fact, XYZ Global hotel chain is putting it in all their properties!!! If you care about your guests and how they sleep, you need to have Nightfood available.”
With the GPO, our distributor, and iDEAL, we also expect to close additional corporate level deals (brand standard, etc…), but those take longer to incubate (as of now). Of course, that incubation period is expected to shrink drastically as we get more distribution. So, if we are already in 75 ABC hotel properties across the country that are carrying Nightfood because they heard about it through the GPO or their hotel management company had them put it in, when we have that conversation with corporate about making Nightfood a brand standard, it’s likely to go much faster. “Ms. Decision-Maker, Nightfood is already in 75 of your properties all across the country, and it’s selling great…you should get it in chain-wide…no need to test, it’s already out there and successful, let’s make it happen now!”
I believe there’s a tipping point we will hit which will lead to decision makers at “all hotels” at some point to feel like they “should”, “ought to” and “must” have Nightfood for sale….there’s a point where a hotel NOT having Nightfood is basically the equivalent of them declaring publicly “yes, we’re a hotel, but we don’t care enough about the sleep of our guests to address it nutritionally.”
Clearly, that’s not something most hotel operators or brands would want to say, once “sleep-friendly snacking” is established as a thing
Here’s what I believe will impact how fast we can hit that tipping point:
• The influence and impact of the name of the first chain(s) that bring us in
• the raw # of properties we’re in
• Having multiple snack formats in distribution (i.e. more than just ice cream pints)
• industry buzz
• sales velocities (can we sell about the same, or more, compared to the legacy brands)
The GPO really doesn’t drive the distributor to bring a product in, which is why we pointed out when we announced the GPO agreement that we believe investors can view that relationship as validation of imminent brand-driven distribution activity.
Thanks for the question…I enjoy laying this stuff out before the day gets busy…always helps me to crystalize my thinking on things"
I like the words "tipping point".......
You call these posts "Walmart Pumping" - Yeah Nah?
Here are my posts on Walmart;
Kiwikid1
Thursday, March 11, 2021 4:53:53 PM
Re: tolduso post# 9984
Post# 9988 of 13520
Walmart is a rollout.....NOT a Test
Tarrytown, NY, Feb. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Nightfood, Inc. (OTCQB: NGTF), better-for-you snack company targeting the $50 billion Americans spend annually on nighttime snacks, announced today that Nightfood’s sleep-friendly ice cream will soon be available in Walmart stores in multiple regions of the United States.
Total store count and flavor numbers will be released in the weeks to come.
Kiwikid1
Wednesday, March 24, 2021 7:45:14 AM
Re: 31twu post# 10264
Post# 10265 of 13520
Don't forget Walmart
IF the news on total Walmart stores (and flavors) is released this week then $0.30 will be a bargain. IMO.
We all know that "News MOVES"
Kiwikid1
Thursday, April 01, 2021 6:32:40 AM
Re: None
Post#
10318 of 13520
Walmart - 5 Flavors - Great Set
"Nightfood flavors launching into Walmart stores in April are best seller Cookies n’ Dreams, Bed and Breakfast, Cold Brew Decaf, and After Dinner Mint Chip" as well as the Pickles for Two.
This is not a joke for those of you aware of the date today.
Kiwikid1
Thursday, April 01, 2021 7:01:45 AM
Re: tolduso post# 10322
Post# 10323 of 13520
They have clearly sold enough pints for Walmart to "open it's doors"
5 flavors is a solid block of real estate in any store - let alone the largest retailer in the WORLD!
Not Pumping and certainly NOT DUMPING?!?
I am simply presenting facts (based on SEC filings) in a logical way to fellow investors to support my significant LONG position in NGTF.
I am not trying to pump up anything?
The facts are the facts?
Signed Confidentiality Agreements.....NOT Childish Secrets?
Per NGTF March 2nd SEC Filing;
"Due to signed confidentiality agreements, Management is not at liberty at this time to disclose the identity of the first chain planning to launch Nightfood, or of the international hospitality company group purchasing (“GPO”) organization with which the Company recently entered into an agreement which went into effect yesterday, March 1, 2022".
So IMO;
When a company, as large at the IHC that Nightfood has partnered, with requests anonymity - that is what they get? And anyone who questions that IMO does not understand Branding at this level.
Let's face it....we don't know what we don't know?
But that is about to change....
Smell of Gas?
This is a BIG week upcoming for NGTF IMO.
Not so much for the long term success of the company - but more for the fact that most investors are looking for the confirmation that the National Hotel Roll-out has finally begun.
If the PO is received by 03.31.22 it will certainly help the 3rd quarter financials - maybe $65-100,000?
Maybe you are mistaking the "smell of gas" as "gaslighting".
I personally believe that this stock will ROCKET once the International Hotel Chain (IHC) is announced.
As the say the "devil is in the details" and when we read the details of this partnership IMO we will be surprised - BRAND STANDARD? How big is that?
Bid Ask 8% difference
Looks like there are not a lot of investors wanting to let their shares go for less than $0.17?
The Bid is 8% lower than the Ask.
The month ends next week and there is potentially some fairly significant news that could/should be released.
The questions is will the 3rd quarter financials include the initial PO from Vistar or will it have to be placed in the 4th?
I don't care either way because IMO the partnership was decided in September of last year. The timing is almost relevant.
Will they achieve 7500 hotels by 2023? Not if 2019 is anything to go by right? But it's 2022 and a lot has changed. Brand Status is everything.
I could literally push the price down with selling 500 shares at the bid price - but who cares about the short term?
3 Years ago?
Focusing on NGTF CEO comments from 3 years ago is in my mind desperate?
Yes....Sean appears to have been "overly optimistic" with both his POD and Revenue targets in early 2019 - when he obviously saw the enthusiasm of the supermarket buyers during their meetings?
Give the guy a break if you ask me?
NGTF had $1M in sales in 2021 and nobody says "diddly squat" about that?
NGTF has now been given "Brand Status" within a LEADING International Hotel Chain and most of you just "shrug that off" as no big deal?
NGTF forms partnership with a GPO that services over 10,000 hotels and you all just say....so what?
Well you should listen up....IMO this company is being VERY tight lipped for a reason. Even the CEO has all of a sudden, after 3 years of "open chatter" on his social media page, become VERY careful with his words?
Don't forget that NGTF managed to gain an additional $1M loan in the 2nd Fiscal Qtr - from individuals who IMO, under NDA knew not only that Nightfood was losing Walmart, but more importantly that were about to announce the huge partnership with a leading IHC that will turn out to be THE game-changer for the Category.
All will be revealed.
Gong, Gong, Gong
4000 Hotels is the projection for profit for Nightfood.
What we can focus on is that the CEO is actually now discussing profitability for the first time in 10 years of the company.
That being said - he has reiterated to everybody "who's listening" this that #NGTF is a category play not a revenue play.
Night-Time Sleep-Friendly as a Category is coming soon...VERY SOON!
NGTF expecting "non-linear" sales growth
CEO has just made public comments on the company's social media site;
Hightlights;
"we are confident about our expected ability to sell with strong velocities in that environment based on the reporting we had pre-Covid, and the results and projections we've received from the hotel that did the testing"
"as far as we're concerned, this is a full-scale launch, expected to start with the first chain about 500 hotels. From there, we expect to add more chains and properties through our the distributor relationship, GPO's, brand HQ initiative, and local level decisions by individual operators and hotel management companies."
"our goal is to secure distribution in 7,500 hotel locations within 9 months of launch. We expect to achieve distribution of not only ice cream pints, but other snack formats as well. We can expect the growth to be non-linear."
I LIKE THE SOUND OF NON-LINEAR
Facts or Opinions does it really matter?
The SEC filings have shown Nightfoods inability to gain adequate traction in the supermarket vertical to maintain several of Nightfoods customers. These points of distribution - including Walmart - will be lost in this years rotation.
As I have mentioned in earlier posts, being profitable within the supermarket retail vertical is both difficult and extremely expensive when you only make up 1-5% of the ice cream pint set in most stores and are forced to pay HUGE slotting fees just to get on shelf (not to mention advertising & discount costs).
The SEC filings are also what I use as supportive "evidence" that NIghtfood has made a strategic pivot away from supermarkets into the more lucrative hotel vertical where the product placement makes more sense to the customer and the Category of Nighttime Snacking will flourish (that is according to the six-month trial performed by an independent international hotel chain).
There are very few board members who reference anything other than their own opinions - which is fine if you are not actually considering buying the stock in question?
How can anyone suggest that NGTF has "already failed in the hotel vertical" if we have not even begun distribution in this vertical? From where I sit there are simply no "facts" to support or even justify the development of these opinions?
Anyway folks I look forward to the release of the purchase order news to Vistar - that if timelines play-out - will be placed and disclosed by management in the week ahead. Good Hunting!
Foresight Baby Foresight!!
You are right MOST serious investors do not INVEST in penny stocks.
HOWEVER some of us have been watching, learning, reading and TASTING and although not 100% sure, see the future of #NGTF.
By "serious investors" I mean both the size of our position and the belief (right or wrong) that the NightTime Sleep-Friendly Category is about to emerge - as in BOOM!!! One minute it isn't and the next minute it is.....just like that!!
Just like Greek Yogurt?!?
The person I mentioned in post #13428 remembers prompting "Olypmus Greek yogurt at a trade show before Americans had even sampled this delicious Better-For-You product.....Greek Yogurt sales hit 300 Million Pints in 2018 according to this report.
Greek Yogurt Sales 2018
Gotta go peeps.
The Next BIG PR.....Coming Soon;
By now anyone on this board who has been following the "ups and downs" of Nightfood are aware that the serious investors are waiting for the Next BIG PR.
Let's face it, based on the past few months, the next PR might be as simple as the INITIAL purchase order (PO) from Vistar or perhaps the confirmation of the next format in the Nighttime Sleep-Friendly snacks.....like Chips? (Both HUGE developments IMO)
Maybe we will finally understand the reason for the "hush hush" on the name of the actual hotel chain.
Something tells me this is a much bigger story than most realize?
Grab them while you can if you ask me?
NGTF pays for Investor Relations….
Per Sean on 02/23 on company social media.
“Almost all (if not all) public companies pay for investor relations services. We invest in investor relations because having a base of investors that know your story and are aware of the company is an important asset for public companies”
You tell me?
No Slotting fees, No BOGO, No Discounts
IMO Nightfood will return to the supermarket vertical in due time.
For now however, the only vertical that makes financial sense for a company as young as Nightfood is the Hotel vertical (and yes this is due to lack of sales in the supermarkets).
When you only represent 1-5% of the customer options it is a losing battle?
Most people do not realize how expensive and competitive the supermarket environment can be for a emerging brand.
Placement in the Hotel Grab & Go means;
1. No Slotting Fees
2. No BOGO
3. No Discounts
Going outside for a beer - spit on you later.
Nightfood locations;
I am not sure of the exact number of supermarket locations except that NGTF is in;
All Jewel-Osco stores, Central Markets in TX and Rouses.
So.....not so sure I would call that one location?
Nightfood has publicly announced the decision to strategically pivot away from the supermarket distribution.
Most of us are focussed on the Hotel Vertical.
For those of you still struggling with the loss of supermarket distribution - I would suggest you read the press releases from Nightfood in the month of March VERY carefully?
I believe that the category of Nighttime Snacking and Sleep-Friendly Snacks [B] is about to get VERY REAL.
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