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Honestly I'm actually bearish seeing him change the picture to NASDAQ, because he's had the NASDAQ image before as his background (again, I've been Facebook friends for about 5 years now).
What concerns me is the picture he removed was the Ponte Sandwich shop logo. He took it down for the NASDAQ one.....hope that doesn't mean Ponte is defunct.
Thank you
Kind of odd.... So without divulging too much, I am friends with Michele Di Turi on Facebook....
He just (as in at 7:00pm on 1/29/24) changed his profile background to the NASDAQ logo. Not sure why....
I don't know how to link an image here, but it's easily verifiable if you search it.
Just the track record of the OTC. Been here for 4 years with this ticker and nothing has happened. Anyone else remember Denis Senecal's franchise agreement in Canada? Nothing happening with that.
I would LOVE for this to do well. I WANT it to do well. I just have realistic expectations - especially since we get no real interviews, investor meetings, or any other direct communication with the Board. They need to be more active.
I've been around since the very beginning. It spiked when the Fransmart relationship was announced and then has been downhill since, only touched the 0.20-0.30 levels very briefly then back down.
The past two years after going sub 0.1 have been tough.
In the beginning (2019-2021) I used to be able to email Claudio and actually receive a response. Now, I actually don't get any replies to emails, literally last year no response. It's sad.
I'm still here, hoping. But I don't have any high expectations. The only good thing is I'm friends with Michele on Facebook lol.
Can you link this? I cant find it
I agree. I've been in a number of OTCQB companies that didn't have 1/3rd of the potential of KITL but got much better returns because of the solid promotion, Q & A's, podcasts, articles, etc.
As I said, they are stepping over dollars to pick up pennies. Not really sure why.
Lol...I was just thinking yesterday after the past few days of losses, Claudio or Michele texting Scott....
"Hey Scottie...stock isn't doing well. I dunno, just take a pic of your lunch today and tag us. We'll say it's for the restaurant to stop the bleeding. Thnx buddy!"
Very discouraging sign. Key reason why people won't invest... Ready for this to his sub 0.02 again
I must say I agree. The lack of good PR is what annoys me the most about the current company status. I feel like they are walking over dollars to pick up pennies right now ...
They have such a solid foundation with a great value proposition and now food network star backing - they should be reaching out to do podcasts, local TV cooking spots, investor conferences, etc. Hell, even 1 per month would do wonders.
The random Instagram post or article just doesn't cut it.
People really need to get their heads right about this business. It definitely will not be the next CMG, especially not in the next year. When CMG IPO'd it's market value was $714 mill, which would be the same as if KITL was at $3.17 right now.
For me, this is a long, long, unique play in the OTCQB space. There will be flippers who come in and out as we march our way up, but so far all signed point to this being just a solid, unsexy, profitable business. It already has 5 locations open/running, and a signed agreement for many more in Canada. Not only that, but now that are partenring with SC Culinary for a new brand in NYC, which is great.
If you want to see the true movement and ideas behind this slow gradual growth company, I would advise taking a listen to the recent interview Dan Row did here:
Dude, calm down. Healthy skepticism is perfectly fine for investing. You just sound like a pumper when you post like that.
Agreed. I think more openness to shareholders (even a live Q&A) would do wonders to quell fears.
How what price do you realistically think this can touch over the next 2 years with news releases?
Beam me up Scottie!!
I wish we would hear more about the plans for Canada. According to my understanding of the agreement Denis signed, there should be 100 locations, but 25 need to be up by 2025. That is a very heavy lift, seeing as we only have 1 right now.
I was always skeptical of why KITL was never listed on FranSmart's branding website, but now I realize they were probably waiting for The Ponte Sandwich Shop to be listed.
(https://fransmart.com/franchise-brands/)
This has great potential.
From the 8k posted yesterday...
"The Warrant provides for the purchase of up to 1,000,000 shares of the Company’s common stock (the “Warrant Shares”) at an exercise price of $0.10 per share. The Warrant is exercisable on the earlier of 180 days from the date it was issued or when a registration statement covering the Warrant Shares is declared effective."
https://www.otcmarkets.com/filing/html?id=16699393&guid=1_T-keDrQVNrXrh
Does anyone know how many commons Claudio, Michele, and Denis own all together?
Everyone have a good Memorial Day Weekend.... Here's to our favorite Italian restaurant....
What kind of house? Like a dollhouse? Lol.
Just kidding you. Good for you on your strategy working. I hope I have the same luck.
Why not? They can totally do a R/S if they wish to
The problem with the load and hold strategy is you never know when dilution or a R/S will occur.
This company's prospects seem pretty interesting with the new developments with Scott Conant, but to put those PR's into action it's going to take capital which may mean dilution. I hope I'm wrong.
Also, if Nasdaq is in the future, the current price action won't get us there. Not only do we need a higher share price, but we also need a certain number of common shareholders. Several OTC's have done R/S to increase share price in order to list on Nas...I hope KITL doesn't do this.
Lastly, Claudio or Michele need to be more open/active speaking with investors. A video or PR once every few months doesn't cut it.
I'm loaded and holding - been here for almost 3 years - but I'm not unrealistic.
Do you have a link to this conversation?
Look everyone, up/down, bullish/bearish, news/no news... I think we can all agree on one thing....
You do NOT give Master Scott raw onion!
Not to me. I've emailed Claudio several times and have yet to receive a reply.
What ever happened to their YouTube channel? No more updates?
How about some sort of video directed toward investors?
I like the idea of the company, but they really do not communicate well
Article is from 2 years ago though....
Do you still hold the same thesis for the company? I think there is still value here, but it's definitely taking it's time (and keeps going red).
I don't see that said anywhere in the S-1
New video from their YouTube channel....
Sorry that the investment didn't work out for you
but I 100% agree with you though. Luckily I jumped ship on the big run up prior to the R/S. This company is a dead duck and Rossi is fleecing people. All those that are commenting here are just trying to save face.
GLTA , go $KITL!
I don't agree with that headline.... it says "New Offering" which usually means dilution - but I believe they are just buying restricted stock, same as Senecal was given for his agreement and Fransmart for theirs.
Anyone care to correct me if I am wrong? But I don't beleive the O/S will be changing.
How many you've got? I'm in pretty heavy as well
I'm surprised nobody else posted this yet, but on 9/27 Denis Senecal (the individual who has the contract to build out their Canadian franchises) acquired another 700,000 shares.
So, if he is still adding, he must be for a reason.... Food for thought, have a good weekend everyone.
https://www.otcmarkets.com/filing/html?id=15248808&guid=InlwkHC0j-BTG3h
They'll be back
Agreed. Slapped the ask for another 4000
Hold the line.....do not sell. Let this puppy run.