Ben,
Is there nothing to update on? Can we get some follow up on some of the recent “developments”? Some engagement with investors?
Mr beast4/7/2022
“The plan is to start within weeks at the 2 pilot locations”
Has this happened or been abandoned?
Provo 3/7/2022
“The plan is to infuse the location with elements of the Snakes & Lattes brand, such as an official retail/gift shop, rental/delivery activities and a subscription program”
Subscriptions VIP packages 1/27/2022
“(OTC: FUNN) is pleased to announce the launch of our Snakes & Lattes subscription and Snakes VIP experience packages”
“Snakes & Lattes is very enthusiastic to bring the official Snakes & Lattes subscription program to all our locations. The subscription model has proved to be quite successful across many industries as a great source of recurring revenue. We have been designing, modeling, and developing this program for some time, and are excited it is finally time to start rolling it out!” (5 months ago)
Is this working/helping?
Anias hired 12/14/2021
“As we continue to grow and expand our brand, it is more important than ever that we are effectively communicating our message to customers, SHAREHOLDER, and the general public, and Anaïs is just the person to lead that charge,” said Snakes & Lattes CEO Ben Castanie.”
How is that shareholder communication going?
How is Guelph doing? Chicago? Cant keep up with the partial openings/closures/menu revamping.
I received an email 2/24.
“You have a point. More than relying on investors for raising capital, I want your support.
I'm giving myself a couple months to convince you that we can create value with the stock, and the company is not going anywhere.
I do agree with you that stock price is a problem and we need to seriously work on that.”
What is being done to warrant shareholder support? The communication remains nil. The old Twitter that was used to communicate to investors was scratched without any communication. It took frustration from the investors to ask why our company news was not even being tweeted to try and reach more people before it was communicated back that Twitter handle also was abandoned. We could sure use exposure directed at investors and we are surely not getting that. The volume is disgusting and some days only a handful of penny’s is exchanged. I could not imagine investing any more money here than I have the last 5+ years with the lack of support from management. Almost an entire year and still no CEO.
“To tell you the truth, I've tried to hire people to fill up this position and it never worked.
at the end of the day, I'm still the best person to know what's good for the company.”
It seems many investors are disagreeing with this and looking for things to be handled differently. Can I ask how many interviews we have had for a CEO role? Rogen was excellent at communicating and laying forth a business plan with timelines and followed up with his plan. This is desperately needed here. I am hoping for some serious change in the way the public side of this company is handled.
AI
