The criticism of lack of GRO3 news is true. While we do know that something is in the works, news has been promised for a long time, and no news has appeared yet.
That said, the news of how expansion is doing in the US is by no means “small news”. We have currently 3 (soon to be 4) locations, and 4 more LOIs for new locations. That brings us to 8. Plus, there is the possibility of a new location popping up in Las Vegas.
While I think we all know Snakes&Lattes is going to NASDAQ, it I sent there just yet, but it will get there thanks to news such as these. These were incredible news, and we shouldn’t normalize them. Just think about it! How many other companies in the Pinks have 2 locations? Physical locations? We are set to get 8! By this time next year we could very well have more than 10! There are 23 people interested in getting a franchise!!
We should never underestimate those news, nor should we forget them. Remember, NOBODY knows what Snakes&Lattes is yet! The concept is new! The brand is barely just getting recognized now! AND YET, 23 PEOPLE WANT IN!
What do you think will happen once the customers start liking the concept? (And they will) You guessed it, more people will want to invest in a Snakes&Lattes. That number is huge, we have to take into account that to the vast majority of entrepreneurs, Snakes&Lattes is still a work in progress. That will change once they see that there is money to be made. And we already know there is money to be made!
Those 4 LOI were HUGE! Nobody should think otherwise.
Guys, we have to look forward here. That is our responsibility as investors. The CEO has presented us with his vision for the future. Our responsibility is to try to connect the dots, to try to see if such a vision has a future. I ask you, what do you think will happen to Snakes&Lattes? Do you think it will make more money than it is making now? Do you think that growth is possible? How much do you think Snakes&Lattes can grow? How much money do you think Snakes&Lattes stands to make? Do you think that this can become a billion dollar company? If so, why?
Those are the questions we should ask ourselves.
