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Re: Gumpstein post# 25730

Tuesday, 03/19/2024 5:32:54 PM

Tuesday, March 19, 2024 5:32:54 PM

Post# of 25831
Gumpsteiner,
A few thoughts :
Maybe raising $100 million is a far reach in light of the fact that we have no assets, no revenue . Maybe better to follow the playbook of Howard Schultz and STARBUCK'S. When Howard co-founded STARBUCK'S he made over 230 presentations to investors and investment groups. He wound up w/ maybe 20 investors but in amts. ranging from $50K to $500K. STARBUCK'S had revenue but no profit. No profit until they had opened 50 stores and they were not a public co. That came later.
The rest is history. Maybe we start w/ a few small peanut companies under our wings at least something to show the investing public then grow the tree. Yes, in a perfect world some deep pocket will step forward w/ $100 million . Miracles happen. They did not happen for Howard in that way.
There is the saying GO BIG or GO HOME !!! However, it is our $ that is on the line.
I have no doubt that our new IR is the person for the job in fact maybe the only one qualified to turn dust into gold.
A $100 million sounds like climbing Mt. Everest and yet get winded climbing the streets of SF. In any c ase the clock is ticking and the HERO needs a n open heart surgery not a wish and a prayer .
Do a few peanuts write and send a few public/professional PR's and not wait to win the lottery. Take it for what it is worth but the last 3 yrs. has not been that smart !! John is the only one who really knows the game .
THe street does no even know that we exist.
A few peanuts then a tree then a field of peanuts !!!!
No R/S otherwise we will be looking for the closest tree or a slow boat to China !!

NOTE: Still bullish but only because John joined the team !!!!
Bullish
Bullish