Companies like this are going to find it extremely difficult to grow without large sums of capital fed into Markets. With No Brand Recognition in a already Saturated and Market in recession the onus is completely on the investor for supplying that Cash.
It is a Wholesale Bakery Company that attempted to find outlets with a knockoff startup franchise. Nothing unique, Nothing Special more of the same that every town, city and municipality across the globe has a Mom and Pops or Jiffy Store already doing it.
A lot of Investors saw problems in this hyped ticker early on. And rather than staying hard and force fitting their original narrative, decided to logically re assess the story line being presented by SFIO. Recognize, Adjust and Adapt. SFIO has been misleading for one purpose. That is to Appear more valuable than they are in reality. These original speculator investors are not coming back...
Ilansco will be there a short period. He was added primarily to consult Financial Structure and for the PR work. The fact that he has only been middle management his whole career should tell you why he took the gig.
Sub $10 million and beyond is inevitable soon. Since Partnership is highly unlikely I would suspect the inevitable reverse split will wipe out this group of stockholders. There is no possible growth Jump with current balance sheet assets. Can't move a bakery off a socialist island. BTW they are not even top 5 in that small market.
When the Ego buying and propping up is done, maybe the company will get the message and focus on the current business and brand placement and set growth agenda aside for a while. Our position is Greed and inexperience won't let them....
