InvestorsHub Logo
Followers 44
Posts 2112
Boards Moderated 0
Alias Born 05/01/2018

Re: Balboa7 post# 12624

Thursday, 08/10/2023 10:29:35 AM

Thursday, August 10, 2023 10:29:35 AM

Post# of 16489
Well, yes true, KITL is not on the NYSE and did not IPO at $22.00 in 2006. However KITL is an emerging publicly traded (went public in 2019 just before Covid hit and survived) franchise restaurant chain specializing in a particularly popular ethnic food like CMG that everyone loves. Yes, KITL is on the tiny OTC QB exchange and under 4-cents at the moment. But they have an amazing team they have assembled: A former billion dollar fund manager, top celebrity chef with successful restaurants to his name and one of the hottest franchise development companies in the country, FranSmart, helping/guiding them getting the business off the ground and then will be instrumental in expanding it. Management is about to drop big news about their expansion plans and the location of their flagship restaurant in NYC. We are at the ground level of all this like LCJR said and nowhere to go but up. Understand, 1/100 the share price of CMG, right now is $18.00. With this team guiding us...why not KITL???!!
Yes...Speculator Gypsy makes a good point....Ponte San'gwich products will be a big big BIG source of revenue someday as well... All the franchisees will need them for their stores...friggen brilliant and they will be in grocery stores all across the US and Canada and beyond....

"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KITL News