MamaMancini's Holdings Inc (MMMB)

[DigiTech]

To respond to your message I would like to make a few points:

Yes the company is very solid and progressing nicely. Maybe not as fast as some expects with the new products lines.

Even so the quarter was good it was not as good for me as I expected especially on the margin line. The impact of the merger should have been better on the margin. However, we should give it a bit more time to settle down. Match for the margin in the next Q due quite soon.
My top line expectation was also higher but new product line always take longer than you thing to be accepted by the consumer. This is not a Biotech where just an approval makes a stock jump. In this line of business you have to actually sell the product

The stock behavior in term of large variations of the SP is actually normal. The reason is that it is a very finely traded stock and the sell of a few 1000 shares can make it go up or down by large percentages. This is the danger or opportunity (if you time it) for this type of stock. I seriously doubt that any large shareholders sold any shares. Some small holders had very high expectations due to the optimism of the CEO and they may have sold a few shares.

You should not be in this type of stock if you are not in it for the long term. The obvious exit strategy for this one is a sell of the company to a large food supplier. I can only see that happen in late 2019 early 2020 and it will be valued as an EBITDA multiplier..

In the mean time the company will keep progressing and the stock will follow and upward trend just based on the multipliers.

Digi