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Re: DeerBalls post# 260877

Sunday, 11/03/2019 10:42:12 AM

Sunday, November 03, 2019 10:42:12 AM

Post# of 346669
It's all about FY19 FY18 already baked into current pps

Considering FUNN execs have decided to file unaudited FY19 is consistent w/ FUNN abandoning franchises and moving to the growth by acquisition.

In addition, FY19 should divulge some real information about the Partnership Agreement(s) for the US cafes.

If all the US cafes (all but Tempe) are privately held and wholly owned by private investors, then minority SH are screwed royally.

FY19 will likely not show any significant revs from Morning either. All the wholesale orders placed in FY18 are all unfilled

Except for kickstarter backers; which the Market doesn't give a diddly about.

FUNN already missed XMAS 2018 for Wally's Wholesale order; and are more likely than not - going to miss Black Friday. T-26 days. If not received by 11/8/19 by Wally's Distribution Center - it ain't gonna get on the shelves by BF.

All of those 2018 wholesale orders, if filled going forward, won't show up until FY20 financials.