Nightfood Holdings Inc (NGTF)

[camsmith]

a month has gone by and what do we have?

My surmising was: Is it likely that I go away for another month or so and return to my soapbox to recount what happened in my absence, and when I do return the share price has hardly done anything, shareholders are none the wiser as to where the product is, Sean continues to have no oversight and expend large amounts of money on consultants and the like? Sure that's possible too.

Share price = I concede it has done something, I said it may have "hardly done anything". In fact it has gone down by about 5%. Not bad in the current climate. But 30 days after when we might have expected it to rise, it's not. It's gone down. Even the DJ is up in the past 30 days.
VERDICT = 100% on the money.

Shareholders none the wiser Seems to be a flurry of excitement that one of Hiltons lower tier banners is the long awaited for launch National hotel partner. I'm a shareholder, and I'm none the wiser. It may well be this is the quasi-announcement long-promised. Seems the market could care less.
VERDICT = neutral

Sean continues to have no oversight .... Does anyone oversee what Sean is doing? Do we get to ask questions and be assured the responses are credible? I think not. Anyone know how much money he's blown through since we last convened? Last I saw he was working on spruiking an offer to gain 'up to' $5mm as some sort of discount deal when anyone with half a brain cell sees the current market rates are far cheaper than his offering. aside from him blowing through cash on God knows what, after we're led to believe this is the most exciting time in history of the company, the company has no employees, no office, no factory, no assets aside from some Grocery Outlet or QVC headed bargain bin expiring product - yet - we still are watching him fritter away hundreds of thousands of our dollars.
VERDICT = 100% on the (rapidly disappearing) money.

My prediction for my report before the end of the next month:

1 stock price will have barely nudged an inch from its current close of $0.1698
2 our financials will show continued expansion on expenses, and an overall decline to our net sales
3 the commentary will blame tailwinds of COVID, continued grocery store carnage, new co-packer entry fees, and the all new, all exciting holy grail-come-cookies
4 most of the focus will be on the lackluster results of our moonlighting broker partners and the "very positive daily conversations" Folkson is supposed to be getting aroused by when he's out there selling his little cookies.

That's it - just those 4 predictions.

Hey - at least my reports are on time!