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Re: PennyHoper post# 6737

Thursday, 12/10/2020 4:52:46 PM

Thursday, December 10, 2020 4:52:46 PM

Post# of 22856
Then post positive info... their gross profit is where it's at. It pays the rent, supplies, ingredients, garbage removal, equipment, equipment repairs, insurance, etc... and payroll PLUS they keep it green with beautiful YOY increases since going public in 2017 and I'm sure since inception in 2011

Their deficit is only $5m dollars. In 2021 they will surpass that in revenues

What that indicates is they are more than capable to continue expansion and seeking out JV's while paying the bills that count

Note how even though their liabilities increased, their assets have grown nicely... and their deficit remains the same...

All they need is another half dozen locations and they will start reporting a positive eps...

Food is one of the most profitable businesses out there, but it takes time, patience, and understanding of the business to grow

Jim is right there... he knows IB could be the next major burger chain in the U.S. once MJ goes recreational nationwide...

And if not, his food still kicks ass, he'll continue to open new locations, and his CBD business will continue to grow...

Disclaimer: Nonprofessional individual investor who may own, not
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