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Thursday, 08/10/2023 11:35:53 AM

Thursday, August 10, 2023 11:35:53 AM

Post# of 16462
People really need to get their heads right about this business. It definitely will not be the next CMG, especially not in the next year. When CMG IPO'd it's market value was $714 mill, which would be the same as if KITL was at $3.17 right now.

For me, this is a long, long, unique play in the OTCQB space. There will be flippers who come in and out as we march our way up, but so far all signed point to this being just a solid, unsexy, profitable business. It already has 5 locations open/running, and a signed agreement for many more in Canada. Not only that, but now that are partenring with SC Culinary for a new brand in NYC, which is great.

If you want to see the true movement and ideas behind this slow gradual growth company, I would advise taking a listen to the recent interview Dan Row did here:


You'll see that he does work with other Food Network celebrities as well (Duff Goldman and Fabio Viviani). Neither of their concepts have 5 locations yet or deals penned for more. I think Dan's ideas of bringing $KITL and SC Culinary together is intentional and part of a gradual profitable long term goal. Not for the faint of heart.

Also take note of Dan's discussion of the barrier to entry - he's not doing deals with companies that aren't profitable. All of this IMHO, do your own DD, but I'm here for a while.
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