I noticed this stock tanked on April 12th (and then dropped significantly further on the 13th). Was there any news which triggered it, and if so what was the negative news?

Correction: It looks like I was incorrect in saying that Mr. White owns (in the sense also being a CEO of) Metaversive Networks Inc. (the company which bought the assets of Fasttask Inc.). But he is a shareholder (and thus an owner of some of the shares) and a Director of Metaversive Networks Inc., but it now appears to me he is not the CEO or President of Metaversive Networks Inc.

Mr. White sold off the assets of Fasttask Inc. to another company which Mr. white owns, one which bought out the company of Mr. White's wife. There is is lot of activity going on between the companies that the White's own.

Maybe I had intended post number 1289 t be my last post here. I am now turned off by OTC stocks.

Komo announced that a director (f Spiros Margaris) of theirs resigned and that Mr. White is now a director. See the filing Komo made on April 8, 2022 with SEDAR (a copy of which I enclose below). That filing also says that Komo sold their Fasttask Inc assets (which I already knew about from an earlier filing) to Metaversive Networks Inc.. What I did not know until today is that "This was a related party transaction as the CEO of the Company is a director and shareholder of the Buyer". I did a search for information about Metaversive Networks Inc. and I found it bought out Better Plant Sciences Inc. (CNSX:PLNT) in a reverse merge transaction on February 14, 2022. Better Plant Sciences Inc. was a company owned by the wife of Mr. White (and she is now on the board of the other company). Metaversive Networks Inc. has Spiros Margaris as a director. He is the director who resigned from Komo. See https://betterplantsciences.com/press-release/better-plant-to-complete-rto-with-metaversive-networks/ for the buyout of Better Plant Sciences Inc.

Today I cancelled my limit order to buy back shares of KOMOF. The following is a copy of the above mentioned filing Komo made with SEDAR.

"Komo Plant Based Foods Announces Board Change

Vancouver, B.C. - April 8, 2022: Komo Plant Based Foods Inc. (CSE:YUM)

(OTCQB:KOMOF) (FRA:9HB) ("Komo" or the "Company") announces that the Company’s President and Chief Executive Officer, William White has been appointed to serve as a director on the Company’s Board of Directors. The Company also announces the resignation of Spiros Margaris from the Board of Directors, effective April 8, 2022. Mr. Margaris has been appointed to the Company’s Advisory Board as of April 8, 2022. The Company would like to thank Mr. Margaris for his contributions to the Company as a member of the Board and looks forward to continuing to work with him going forward in his new advisory role.

On March 30, 2022 the Company’s CFO, Rick Huang, was appointed as CFO of the Company’s wholly owned subsidiary, Fasttask Inc.

On March 31, 2022, Fasttask Inc. sold all intellectual property, application software and technology related to the crowd sourcing application that it formerly operated for $100,000 in cash to Metaversive Networks Inc. (the “Buyer”), pursuant to an asset purchase agreement entered into on March 31, 2022. This was a related party transaction as the CEO of the Company is a director and shareholder of the Buyer. This asset was not being used in the Company’s current business and following its sale, the Company’s wholly owned subsidiary, Fasttask Inc., will be inactive.

About Komo
Komo Plant Based Foods Inc. is a premium plant-based food company whose
management believes that plant-based eating is the future, and that change can start with a single bite™. The Company develops, manufactures and sells a variety of 100% plant-based, preservative-free, hearty, satisfying, and wholesome frozen meals under its operating subsidiary Komo Comfort Foods. The product line is focused on recreating vegan versions of traditionally cheesy and meaty comfort foods such as Lasagna, Shepherd's Pie, Chickenless Pot Pie, and a line of Plant-Based Meal HelpersTM. The Company’s goal is to make plant-based meals a staple through feel-good food that connect people and planet. The products are sold direct-to-consumer via eCommerce, as well as in grocery, convenience, and natural retailers. Komo also offers ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram:

@komocomfortfoods For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking
information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to launch its products on food delivery apps, its ability to retain key personnel, its revenues, and its expectation as to the acceptance of its products by retailer stores and consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as
of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws."

The following is an analysis of Komo's financials.

Page 12 of "Management's Discussion & Analysis" (of April 1, 2022) shows Komo's gross profit margins (expressed as percentages) by channel. Notice that while their total percentage margin is 38% for the quarter ended January 31, 2022 the margin for wholesale is only 23%. All expansion into the USA and even all areas outside of proximity of Vancouver, British Columbia, Canada likely will be in the form of wholesale. That is because it impractical to ship frozen foods long distances Direct-to-Consumer. Likewise it is impractical to deliver hot meals long distances. As a result hot meals delivery is a very small percentage of Komo's total sales, as indicated on page 11. While page 11 indicates Komo's Direct-to-Consumer revenues/sales as being about one-third of total revenue for the three months and six months time periods ended in January 31, 2022, page 10 has a monthly chart which shows that after November 2021 Direct-to-Consumer sales have grown much slower than Wholesale sales. I suspect that is likely due to the impracticality of shipping frozen food long distances direct to consumers. The above means that as Komo expands sales to outside of the Vancouver, British Columbia, Canada their gross margin percentages will drop. That is discouraging.

Since Komo's products consist of food, there are low barriers to entry for potential competitors of Komo. It is also fairly easy for existing large competitors of Komo to copy Komo's products. They can read the ingredient labels, see what is in the food, and have food chemists analyze the components of the food. The existing large frozen food producers can also get their products in stores throughout the USA much faster than Komo can.

On last Friday the stock had an intraday low of 5.1 cents/share and thus nearly as low my tentative limit order to buy back shares. But now I am even more pessimistic about the future stock price, thinking it very possibly will soon close below 5 cents/share. For some time now the trend of the stock price has been steadily lower and still Komo does not have any its products in any physical store in the USA. That is despite Komo receiving authorization from the Canadian government back in September 2021 to begin exporting products to the USA! [See https://ir.komocomfortfoods.com/news-events/press-releases/detail/52/komo-plant-based-foods-receives-export-authorization-for-us .] I am tired of waiting for the products to appear in at least one physical store in the USA.

On January 13, 2022 Komo announced that "... all 7 Whole Foods Market retail locations in Western Canada will begin carrying Komo Plant Based Comfort Foods." But Komo has not yet announced that Whole Foods will carry Komo's product in even one store in the USA. Why hasn't Whole Foods decided by now that at least one store in the USA will carry Komo's products? I expected the expansion into the USA to be much further along than now. The longer the wait the more downward pressure there is on the stock.

The stock had a major surge in price on approximately the day (September 14, 2021) that Komo announced that it received authorization to "... export Komo Foods to other countries, including the United States" [or since about six days earlier when it announced that it began a "High Growth Trajectory with Retail Expansion and Reorders". Investors are waiting to see that export begin to happen in a big way, not just exports to an online only store operated in the USA. The longer the wait for that hope by USA investors to begin to be fulfilled the more the stock is likely to trend downwards, in my opinion.

I also dislike how massively large the company's net losses are relative the gross margin profit. I also dislike the massive accumulated deficit (accumulated negative net profits) and the rapidly growing number of outstanding shares of stock. Without Komo continuing to offer share of stock and/or debt Komo has no means to fund its operations since its losses from operations are too high and persistent. These things are contributing to me thinking the stock market's evaluation of the value of the stock is reasonable.

I'm now thinking that the stock has a high likelihood of eventually dropping to 4 cents/share and as a result I am increasingly reluctant to buy back shares. I don't want to buy at 5.7 cents/share when I think there is a strong possibility I will be able to buy at 5 cents/share or even at 4 cents/share (or possibly less), and thus buy far more shares with the same total dollar investment, and thus benefit much more if and when the stock shoots way up again.

I don't think having a phone conversation with the CEO of Komo will aid me to making a better investment decision in $KOMOF. I think in part because I had a phone conversation with the CEO of another OTC penny stock and it did not aid me; that stock's price has dropped to a major low despite its company having made numerous acquisitions since the day I had the phone conversation.

Yes the company is going up, but it has very far to go to reach breakeven and the market value of the stock is dropping fast and far. I have no idea what the true value of the company is, nor what it will be worth 1 year later, or 5 years later. I know what value some people assign to the stock but I don't know if their valuations are correct. I am thus not sure if I should buy them back.

But I said I might buy it back (and that I currently have an order to buy them back below the price I sold them for, furthermore the trading is in a ROTH retirement account and thus there are no tax issues with selling them at losses, nor with buying them back). With KOMOF what I have been doing is buying it back below the price I sold my shares for, and increasing the number of my shares with each buy back. Do you think that is worse than holding them?

I sold my shares (at slightly more than 6 cents/share on average) earlier this week. I think the stock has further downside potential. In the recent quarterly statement the expenses were about 16 times the gross margin. That means in order for the company to reach breakeven the gross margin (and thus also the total revenues) need to become at least 16 times higher than current level. I do not think that can happen within 12 months from now.

I have a tentative order to buy back shares at price which is less than the current price, but I might cancel the limit order.

Thanks.

Thanks. If it is not considered off topic, can you give me examples of stocks of such good companies that you did well on using the criteria you mentioned, so I can get an idea of the likely potential for KOMOF stock? If you want you can send it to my by private email, but my account (on this web site) is a free account and thus I can't send a reply to private emails via this web site.

Lately I've been trying to get out at a reasonable price, but it doesn't seem possible for me to achieve that.

I notice you are confident the price will get back up, even up to 18 cents, based upon your fundamental analysis and such. Please tell me if that method has worked well for you for other OTC penny stocks. I ask because I have little experience with such stocks and with that kind of stock valuation method for determining a fair stock price value for stocks.

Perhaps now you can see why I've been worried for the past couple of weeks or so; by studying the charts I've been seeing this potential for price drops to below 7 cents and even to below 6 cents.

The financials and the report of "Management’s Discussion & Analysis " were released on April 1st.

That is very true. I wonder what is driving that run.

Yes those expenses are high, and when I read the notes of the financials I notice that many of the expenses are paid to Mr. White. It is like he receives three salaries (with one being in the form of consultation fees) from the company, instead of just one.

It is partly because my beliefs in various companies often times don't correlate with me making money in their stocks. I have bought a number of stocks of companies I believe in (or at least believed in at the time for several months) only to see the stocks go down substantially below the price I paid for them (including after I sold them) and to stay down even more than a year after I bought them. That is especially the case of speculative stocks of companies with large net losses (which at the time of purchase had never had a net profit), even if the revenues are growing.

Usually in order for me to hold onto stocks for long term (such as more than a year) I need to also see favorable moves in the stock price over short-term periods, so that my losses don't mount substantially more and more. I believe in cutting my losses (when I have losses) rather than holding onto them week after week and month after month as the losses mount.

A big part of the reason why I initially bought this stock is because I had done a search for stocks making recent huge percentage price gains which looked like they have potentially for further such gains over the next few weeks to few months. I want to make money very fast, otherwise I might as well focus on mutual funds and ETFs. When I found KOMOF it was right after a major surge in price, and I decided I would buy it after it made its way back down to 18 cents.

I realize absolute bottoms rarely can be predicted, but people can sometimes get near to the absolute bottoms and that is what I often try to do.

I hope things go as well for $KOMOF stock as you believe, but I am now worried about the the price of the stock. I should have waited to buy shares at around $0.06500 (or lower) instead of settling for for a price above $0.0719 (once or twice I actually had an order to buy at $0.0650 but I cancelled it/them). I'm now thinking there is a strong chance that the stock will end up closing below 6 cents and that has me very concerned.

$KOMOF's volume shot way up today (though the stock went down to $0.0617 the current ask is now at $0.0759 and the current price is close to the ask)! Komo issued a very good press release today, namely as follows.

Komo Plant-Based Foods Awarded Best New Vegan Product of Expo West 2022

March 17, 2022 7:00am EDT

VANCOUVER, BC / ACCESSWIRE / March 17, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo" or the "Company") a premium plant-based food company, made its first in-person, U.S. trade show debut at Natural Products Expo West (NPEW), at the Anaheim Convention Center in Anaheim, California. At the conference, Komo took home the VegNews Best of Show Award 2022 for Best New Vegan Product of the show.

Founded in 2000, VegNews is one of the most established vegan news sources in the world. It produces four magazines annually, reaching 3.6 million people monthly across print, digital, and social media.

"This was the first time that we showcased our Komo product lineup at an in-person U.S. trade show," said William White, CEO of Komo. "The response to our products was overwhelmingly positive, with our Plant-Based Lasagna even taking home a major prize at the conference."

Komo's Plant-Based Comfort Food Lineup Features:

Komo Plant-Based Lasagna (VegNews Best of Show Award 2022 for Best New Vegan Product): Easy to bake and serve, with two sizes available: two-serving (600g) or full-size (1.42kg).

Komo Plant-Based Shepherd's Pie: Frozen for freshness, easy to bake and serve, with two sizes available: two-serving (600g) or full-size (1.42kg).

Komo Chickenless Pot Pie: Frozen for freshness, easy to bake and serve. Each 900g pie has 4-5 servings.

Komo Bolognese Sauce: Gluten-free and soy-free. Frozen for freshness, easy to thaw, heat and serve. Each 454g package serves 3-4.

Komo BBQ Pulled Mushroom: Gluten-free and soy-free. Frozen for freshness, easy to thaw, heat and serve. Each 454g package serves 3-4.
"Participation in Expo West is a major stepping stone as we focus on growing our distribution network in the U.S. through retail, wholesale, and eCommerce channels," added White. "We believe that there is a significant gap in the plant-based food market that we are filling with our lineup of multi-serve plant-based meals. Eating plant-based should never feel like a trade-off, and doesn't have to be complicated."

The Plant-Based Food Association reported that sales of plant-based frozen meals reached $520 million in 2020, up 29% from 2019. And the American Frozen Food Institute's 2021 Power of Frozen Report detailed that 71% of consumers would like more frozen meals with increased levels of fruits and/or vegetables and 51% seek meatless entrées.

Natural Products Expo West has been running for over two decades and is the largest natural, organic, and healthy products trade show in North America, bringing together more than 3,600 companies and 86,000 industry professionals to showcase the entire value chain of healthy products, including today's best sellers and tomorrow trends.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that believes plant-based eating is the future, and that change can start with a single bite™. The Company develops, manufactures and sells a variety of 100% plant-based, preservative-free, hearty, satisfying, and wholesome frozen meals under its operating subsidiary Komo Comfort Foods. The product line is focused on recreating vegan versions of traditionally cheesy and meaty comfort foods such as Lasagna, Shepherd's Pie, Chickenless Pot Pie, and a line of Plant-Based Meal HelpersTM. The Company's goal is to make plant-based meals a staple through feel-good food that connect people and planet. The products are sold direct-to-consumer via eCommerce, as well as in grocery, convenience, and natural retailers. The frozen meals have a 1-year shelf-life. Ready-to-eat meals are also available in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc. will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to launch its products on food delivery apps, its ability to retain key personnel, its revenues, and its expectation as to the acceptance of its products by retailer stores and consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

SOURCE: KOMO Plant Based Foods Inc.



View source version on accesswire.com:
https://www.accesswire.com/693486/Komo-Plant-Based-Foods-Awarded-Best-New-Vegan-Product-of-Expo-West-2022

Released March 17, 2022

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Today near the open of the market, I bought back my $KOMOF shares and I also bought many more (all between $0.0720/share and $0.0740share; I don't wish to be very specific). For my sake I hope the price doesn't drop much further.

It is encouraging that the relatively high volume spikes today are at $0.07 and higher per share.

Why has FCEL (and even BE) risen fairly steadily since late January 2022, even doubling in price since late January 2022? I didn't think such would happen.

Wow, the stock is now trading below $39/share - well below the intraday low of its first day of trading on the stock exchange! My idea in late December 2021 became proved correct.

Your explanation of why the stock has been falling now seems very probably correct to me.

Why did this stock and its volume jump up so much on the 10th? What news, if any, triggered it?

One thing I noticed since yesterday is that in the filings made over the past few months (as reported at https://ih.advfn.com/stock-market/USOTC/komo-plant-based-foods-qb-KOMOF/stock-price ) the amount of short interest in KOMOF has risen to about one-half that of the average daily volume of KOMOF. The amount of the short interest hasn't changed greatly over that time period, but because the average daily volume has dropped dramatically the ratio has increased dramatically. That has me concerned because it seems to me that a huge percentage of the selling of the stock is due to short selling, but maybe the ratio just means that are a lot of open short potions (instead of a lot new short sells) relative to the average daily trading volume. But when dramatically good news comes out, many of the short sellers will likely be forced to cover and that will likely quickly drive up the price of the shares.

Regarding good news, I think the report for the quarter ended January 2022 will be filed this month (but maybe it will be filed in April). Also the Natural Product Expo West (NPEW) show, in Anaheim, California, will taking place starting tomorrow (Thursday) and running through this Saturday. Until shortly before making this post I didn't remember that the event would be starting then. Hopefully soon after that event is completed Komo will announce a major USA retailer (with a physical store, not merely an online one) has signed up to purchase Komo's products.

In order to get an idea of what Komo's vegan lasagna tastes like, last weekend I bought a competing brand and this week I heated it up in the microwave. It tasted good, though not great. It contained tofu. It had tiny cubes in it which I think was the tofu and the cubes tasted good, though not great. I think Komo's lasagna will taste much better to me.

In one of Komo's financial reports I noticed that is said Komo licensed technology (or processes or flavoring), or something to that effect, for making plant based meats. That is good news to me and think Komo is already using such in their products which contain a plant based substitute for animal meat.

Yesterday I had committed to buying back Komo (including many extra shares) when the price was very low, but I changed my mind. I now have another order to buy it but I don't know if I will get another chance to buy it that low. On the other hand, over the next several days the price might even drop considerably below my current bid price. It is very hard for me to determine the future approximate bottom for the stock price, and thus a future very good re-entry price for the stock.

Those recent financials are good news and the future ones are something good to look forward to.

You are welcome. I really liked today's press release by Komo about revenues. It is shocking that the stock is still trending downwards even though the revenues are continuing to grow are very high percentage rates and while the gross margin percentage is very good.

I see your point, but I'm different. I first bought in at about 18 cents/share and despite trimming my losses, I am hurting on my cumulative trades of the stock. I've noticed that I usually do much better on stocks (including OTC stocks) when I patiently wait out for a desired lower buying price, rather than paying more.

I do agree that "... one set of good news and the stocks run thousands of percent in some cases. OTC is based on hype, speculations and news." But for now there isn't huge news (or hype) causing the stock to run up very high, and until then the stock to me seems to be loosing 'steam' (in regards to price and volume) and thus likely to drop significantly before shooting up tremendously.

That is interesting. I don't see how they could be useless in OTC markets. If anything, chart analysis seems more important to me for OTC stocks than for other stocks, due to the extreme volatility of OTC stocks and the frequent tendency for them to be manipulated. How do you determine buy and sell points for OTC stocks?

I study charts to determine the prices to buy and sell at and the timing for such, along with the content of financial reports, the content and timing of press releases, and other factors.

I made an error in saying that the gross margins are not yet positive. The gross margins are positive, but the total expenses greatly exceed the gross margins by a large ratio.

Maybe one thing which is depressing KOMOF's stock price is the frequent offerings of shares (through private placements). Without such offerings the company would not have nearly enough money to stay in business until profits from operations (even gross margins) become positive. In looking at the daily stock chart I get the impression that by the end of this month KOMOF will likely revisit $0.07/share (USD) and possibly go lower.

I found the answers to my questions about Schedule 1 of 45-106F1 and I notice that it relates to the press release of February 17, 2022 7:00am EST.

What does the "Report of exempt distribution excluding Schedule 1 of 45-106F1" (dated February 22, 2022) mean? Does it mean that an investor bought shares of Komo in a private placement in response to an earlier announcement of Komo to offer shares in a private placement? I haven't yet closely studied the report.

A news article says their is a slow down in sales of plant-based meat market (something which Komo is not in, since it instead makes plant-based comfort foods and since it uses whole food plant substitutes for meat and dairy). Perhaps the article supports Komo's view that people who buy plant-based meats later switch over to plant-based whole foods. Perhaps Komo's approach is better after all, though I like a number of plant-based meats (but I also have some concerns about the nutritional content of plant-based meats, due to them not being whole foods and due to them containing preservatives; I also dislike their high prices per weight compared to real animal meat and to vegetables). The article (at https://www.ft.com/content/9ccf053a-e710-462f-9a8e-1dd0db13a523 ) says the following.

"The emerging plant-based meat sector slumped on Thursday after industry leader Beyond Meat missed Wall Street estimates and the owner of another leading brand downgraded its growth expectations for the category.

... After several years of dramatic growth, sales in the plant-based meat market slowed suddenly last year. In the US, a 46 per cent rise in 2020 was followed by a decline of 0.5 per cent in 2021, according to data provider Spins.

... Maple Leaf Foods, the Canadian meat group that owns plant-based meat brand Lightlife, said it had completed a review that showed consumers were not making repeat purchases because the products were not meeting expectations in terms of price, and how processed the food is.

After growing 59 per cent in 2019 and 75 per cent in 2020, industry-wide retail sales of refrigerated plant-based meat grew only 1 per cent last year, said Maple Leaf. The company said that consumers viewed plant-based meat as an “expensive novelty” leading to high trial rates but low repeat purchases. Maple Leaf forecast the plant-based meat market to grow to $6bn-$10bn in value by 2030.

“It’s clear that the category can’t be expected to grow at the spectacular rates that we saw in 2019 and 2020. Instead, we expect the category will continue to grow, albeit at a more moderate but still attractive pace of 10 to 15 per cent,” said Michael McCain, Maple Leaf’s chief executive.

One thing which disappoints me about Komo's Lasagna is that I don't see anything in it (in pictures of it nor in the list of ingredients) which is a substitute for ground beef (nor for any other kind of meat). The lasagnas which I like the most don't just contain cheese, they also contain ground beef. But perhaps the product uses lentils to take the place of meat.

Today Komo issued a pres release (see https://ir.komocomfortfoods.com/news-events/press-releases/detail/87/komo-plant-based-foods-earns-us-market-recognition-as-nexty ) which says Komo's "... Plant-Based Lasagna has been named a finalist in the 2022 NEXTY Awards by Natural Products Expo West, in the category of Best New Frozen Product." It says the product is "... made with a rich tomato lentil ragu and creamy tofu ricotta, smothered between layers of semolina pasta, and topped with a "cheezy" chickpea bechamel sauce." Notice that while it includes tofu as a substitute for ricotta cheese and that includes a chickpea bechamel sauce to give the product a "cheezy" flavor, there is no mention of anything (other maybe the lentils in the lentil ragu) in it which substitutes for meat.

Zen, did your "stinky bid" order (which you placed weeks ago) to buy 100,000 shares of Komo at a price at $0.08 (USD?) get filled (at least partially) yesterday? I notice that the stock momentarily dropped below that price yesterday and closed at only $0.0807 (USD) on yesterday.

Regarding tofu, no plant based meats consisting of tofu (or with tofu as a main ingredient) have tasted good, satisfying, or very meat-like to me, though some tasted tolerable to me.

I held onto KOMOF shares for awhile largely because of Komo's reports that they would expand into the USA, yet after they entered the USA (by contracting a sales person at Cornerstone who lives in the USA and later by getting their products into a USA headquartered online store called GTFO It's Vegan), the stock continued to fall. I compared its activity to a Canadian based vegan meat company which is much further along in its USA expansion (and which also has rapid sales growth and even got its OTC stock uplisted to the NASDAQ) and yet its NASDAQ listed stock (VGFC) has been falling dramatically for many months. I thus think that Komo's expansion into the USA won't yet prevent a further slide in KOMOF's slide. I suspect I will be waiting at least a week before buying back KOMOF.

I have another concern, namely about whether Komo's foods will taste very good to me. The following are two examples.

- The Mac and Cheeze product Komo announced is one that doesn't look impressive to me in the photo of the press release. That is because in the photo I don't see anything which looks like sauce or cream (other than possibly a tiny amount of such) on the macaroni noodles, nor anything which clearly looks like cheese. The photo shows something that is a dark orange color and perhaps that is supposed to be a substitute for cheddar cheese (in a form somewhat like baked browned broken up cheddar cheese). But in real Mac and Cheese the cheese is thoroughly mixed with the macaroni, not merely confined to being on top. But perhaps the photo (which shows an ingredient which is green in color and looks like greens) is only of the "Mac & Greens" dish and not the upcoming "Mac & Cheeze" product. When I eat something which is called Mac and Cheese, or which aims to be a vegan substitute for such, I want it to have the taste and texture of Mac and Cheese. The product in the photo of Komo's press release for Mac and Cheeze doesn't look appealing to me. Furthermore, I have eaten vegan Mac and Cheese products made by the deli section of a local Whole Foods store and I was very disappointed by the way it tasted in regards to its flavor and its texture. The cheese substitute in that product (by Whole Foods) did not taste anything like real cheese to me, except possibly to a very tiny extent. However, the Whole Foods deli counter vegan Mac and Cheese product eventually tasted tolerable to me to eat, and it tasted good if I added other ingredients to it (such as cooked vegetables, flavorful oil or vegan butter, and more seasoning). But I would only eat the hole Foods deli counter vegan Mac and Cheese product if the food was given to me free of charge - I won't bother buying it.

- Komo has a product which includes soy curls (or which used to have such). I wondered what soy curls (as a vegan substitute for chicken) tasted like so I bought a brand of soy curls from a local Whole Foods store to see what it tastes like. I rehydrated it, seasoned it, and cooked it according the package's direction (except that unfortunately I didn't find a vegan chicken flavored seasoning to use, since the store didn't sell the seasoning product made by the company who made the soy curls). The curls tasted good (very much better than Tofu) and had some of the taste and texture characteristics of chicken, but it still lacked many of the taste and texture characteristics of chicken. Since I grew up on an omnivore diet and never became a vegan, the soy curls didn't tasted enough like chicken to me to warrant me buying the soy curls product again. As a result I think I probably won't be fully satisfied with those products of Komo which contain a vegan whole food substitute (such as soy curls) for real chicken meat. In contrast, if Komo's products were to contain Beyond Meat's highly engineered plant based chicken I probably would be very pleased with the taste of the products.

I think most Komo's curerent vegan products will only strongly appeal to vegans and those who are trying very hard to become vegans. I suspect they won't appeal much to the vastly larger market of flexitarian omnivores who love the taste of animal meats and cheese and cream and eggs, who also enjoy the taste of highly engineered plant based meats (such as those made by Bocca, Morningstar, Beyond Meat, and Impossible Foods). However, I don't know that for sure since I haven't yet tried out any of Komo's products. I plan to try out Komo's products when they appear in physical retail stores (not just online retail stores with high shipping cost charges) in my local area in the USA.

In contrast to concerns about the two products mentioned above, Komo's vegan lasagna product does looks very impressive to me in the photos of it. I very much want to try that product (see https://komocomfortfoods.com/collections/all/products/lasagna ).

If you grabbed them at $0.0900 you didn't get them from me, since I sold mine at $0.0903. I will probably buy shares below $0.0800/share.

Update/correction: Today I succeeded in selling all my $KOMOF shares (the ones I owned as of yesterday) at today's intraday highest price of $0.0903/share.