Tuesday, April 12, 2011 10:30:40 PM
SMOKY MARKET FOODS INC (SMKY)
Share Structure
Authorized: 200 Million
Shares Outstanding: 93.5 Million
Shares in Float: 13.5 Million
Effective float: 6.5 Million*
* According to CEO Eddie Feintech, 7 Million of the 13.5 Million float are currently controlled.
Contact:
CEO Eddie Feintech
efeintech@smokymarket.com
Phone: 866-851-7787
804 Estates Drive
Suite 100
Aptos, CA
United States, 95003
COMPANY OVERVIEW
Background
Smoky Market Foods, Inc. (“SMKY”) originated from the small chain of barbecue restaurants operated by the Founder & CEO. The woodburning “smoker-oven” used in each of his restaurants burned freshly-cut hickory & apple timber, and produced 700 pounds of smoked meat each night. SMKY has now developed that proprietary smoking equipment into customized, USDA-approved wood-burning oven technology, which can produce up to 15,000 pounds of real wood-smoked meat and fish per day.
Unique “Smoke-BakedTM” Foods
SMKY is a USDA commercial processor of gourmet quality Smoke-Baked foods including beef, pork, poultry, lamb, fish and a complete menu of entrées, quesadillas, quiches, soups,casseroles,finger-foods and unique side order dishes. Under USDA standards governing labeling and nutritional panel regulations for smoked food processing, SMKY’s food products are known to be the most authentic and healthful of any commercial meat processor in the country, and are mass-produced and packaged at a large USDA processing facility located in central Iowa.
Market Distribution
Under the Smoky Market brand, SMKY will create a national market for distribution and sell its food products through marketing channels that include retail packaged merchandising & direct
sales, and foodservice chain operations. This total branding strategy will enable SMKY to capture unique financial benefits from its cross-marketing, which will build national brand recognition and market segment dominance in just a few years to come.
Public Capitalization
SMKY become publicly traded in September 2007 for the purpose of securing major equity and debt financing to execute its business model.
BUSINESS MODEL
Mass Production for Menu Systemization
The concept of mass production in terms of portionpackaging SMKY’s line of foods for retail distribution also affords a unique ability for foodservice menu systemization; SMKY can operate a full restaurant menu in a space of just 150s/f. This is innovative to the restaurant industry because no handling or cooking of raw meat product is done on site. It is a very critical aspect of foodservice operation, which guarantees quality consistency, saves labor, reduces kitchen investment cost, affords total inventory control and eliminates food shrinkage that are major problems with all foodservice concepts.
Self-Contained “Kiosks”
SMKY will operate self-contained “Kiosks” that can generate $750,000 annually in sales from a footprint of only 150s/f to 200s/f. The Kiosks require five people during peak periods and feature a menu of foodservice and a display of retail packaged products that are designed specifically to local demographics.
SMKY will operate the Kiosks as leased departments in malls, airports, college campuses, large retailers, convenience stores and existing food operators.
Restaurant-Stores
SMKY will operate restaurant-stores that range in size from 1,200s/f to 1,500s/f and include in-line units and pre-fabricated modular buildings. Because of SMKY’s menu systemization, the required space and equipment investment for typical restaurants in its category are dramatically reduced, as are labor costs
and other key aspects of foodservice including food shrinkage. Smoky Market restaurant-stores will feature in-house menu service, take-out, catering, retail display merchandising, and Internet ordering. Retail Merchandising & Direct Sales SMKY will introduce its line of retail packaged foods through display merchandising and develop Internet sales driven by direct sales & marketing programs that are targeted to on-line gourmet food club buyers.
*** LATEST DEVELOPMENTS ***
For several months, SMKY has been trying to obtain as much as $2.5M in financing to proceed with its business model. Obtaining financing of this size has been very difficult. However, the market is improving, and the company believes it can proceed with certain aspects of its business with much less funding.
Specifically, SMKY is talking seriously with a fresh seafood distributor for a joint venture; they have their raw fish in over two dozen major up-scale chains (including Whole Foods) and would supply jumbo shrimp, scallops, salmon, etc. to SMKY to smoke and then plug back into their distribution. Maxing out SMKY's existing oven's capacity with this company's distribution would result in $30 million in revenue.
SMKY also plans to affiliate with Weight Watchers and Curves for a national marketing deal with about 10 million members who need SMKY's quality of food, which provides solid focus on marketing for investors.
WHY SHAREHOLDERS BELIEVE SMKY IS A GREAT INVESTMENT:
* The company is not widely known in the investment community - many would consider it a hidden gem.
* The business appears to be ready the kick-off into high gear in the very near future.
* The effective float at the current share price amounts to only about $162,500 in total dollars.
* During the week beginning March 7, 2011, the share price nearly doubled on total dollar volume of less than $7,000.
* Shareholders believe with some more exposure will come higher trading volume, and with the small effective float, any buying pressure should send the share price a lot higher.
* 52-week high is .10/share.
* Chart technicals suggest a possible chart breakout very soon.
CEO INTERVIEW:
On December 1, 2010, CEO Eddie Feintech was interviewed by StockGoodies.Com. Any potential investors are highly encouraged to listen to this very informative interview:
http://www.stockgoodies.com/m/sounds/view/SMKY-Interview-12-1-10
CHARTS
DAILY:
WEEKLY:
Share Structure
Authorized: 200 Million
Shares Outstanding: 93.5 Million
Shares in Float: 13.5 Million
Effective float: 6.5 Million*
* According to CEO Eddie Feintech, 7 Million of the 13.5 Million float are currently controlled.
Contact:
CEO Eddie Feintech
efeintech@smokymarket.com
Phone: 866-851-7787
804 Estates Drive
Suite 100
Aptos, CA
United States, 95003
COMPANY OVERVIEW
Background
Smoky Market Foods, Inc. (“SMKY”) originated from the small chain of barbecue restaurants operated by the Founder & CEO. The woodburning “smoker-oven” used in each of his restaurants burned freshly-cut hickory & apple timber, and produced 700 pounds of smoked meat each night. SMKY has now developed that proprietary smoking equipment into customized, USDA-approved wood-burning oven technology, which can produce up to 15,000 pounds of real wood-smoked meat and fish per day.
Unique “Smoke-BakedTM” Foods
SMKY is a USDA commercial processor of gourmet quality Smoke-Baked foods including beef, pork, poultry, lamb, fish and a complete menu of entrées, quesadillas, quiches, soups,casseroles,finger-foods and unique side order dishes. Under USDA standards governing labeling and nutritional panel regulations for smoked food processing, SMKY’s food products are known to be the most authentic and healthful of any commercial meat processor in the country, and are mass-produced and packaged at a large USDA processing facility located in central Iowa.
Market Distribution
Under the Smoky Market brand, SMKY will create a national market for distribution and sell its food products through marketing channels that include retail packaged merchandising & direct
sales, and foodservice chain operations. This total branding strategy will enable SMKY to capture unique financial benefits from its cross-marketing, which will build national brand recognition and market segment dominance in just a few years to come.
Public Capitalization
SMKY become publicly traded in September 2007 for the purpose of securing major equity and debt financing to execute its business model.
BUSINESS MODEL
Mass Production for Menu Systemization
The concept of mass production in terms of portionpackaging SMKY’s line of foods for retail distribution also affords a unique ability for foodservice menu systemization; SMKY can operate a full restaurant menu in a space of just 150s/f. This is innovative to the restaurant industry because no handling or cooking of raw meat product is done on site. It is a very critical aspect of foodservice operation, which guarantees quality consistency, saves labor, reduces kitchen investment cost, affords total inventory control and eliminates food shrinkage that are major problems with all foodservice concepts.
Self-Contained “Kiosks”
SMKY will operate self-contained “Kiosks” that can generate $750,000 annually in sales from a footprint of only 150s/f to 200s/f. The Kiosks require five people during peak periods and feature a menu of foodservice and a display of retail packaged products that are designed specifically to local demographics.
SMKY will operate the Kiosks as leased departments in malls, airports, college campuses, large retailers, convenience stores and existing food operators.
Restaurant-Stores
SMKY will operate restaurant-stores that range in size from 1,200s/f to 1,500s/f and include in-line units and pre-fabricated modular buildings. Because of SMKY’s menu systemization, the required space and equipment investment for typical restaurants in its category are dramatically reduced, as are labor costs
and other key aspects of foodservice including food shrinkage. Smoky Market restaurant-stores will feature in-house menu service, take-out, catering, retail display merchandising, and Internet ordering. Retail Merchandising & Direct Sales SMKY will introduce its line of retail packaged foods through display merchandising and develop Internet sales driven by direct sales & marketing programs that are targeted to on-line gourmet food club buyers.
*** LATEST DEVELOPMENTS ***
For several months, SMKY has been trying to obtain as much as $2.5M in financing to proceed with its business model. Obtaining financing of this size has been very difficult. However, the market is improving, and the company believes it can proceed with certain aspects of its business with much less funding.
Specifically, SMKY is talking seriously with a fresh seafood distributor for a joint venture; they have their raw fish in over two dozen major up-scale chains (including Whole Foods) and would supply jumbo shrimp, scallops, salmon, etc. to SMKY to smoke and then plug back into their distribution. Maxing out SMKY's existing oven's capacity with this company's distribution would result in $30 million in revenue.
SMKY also plans to affiliate with Weight Watchers and Curves for a national marketing deal with about 10 million members who need SMKY's quality of food, which provides solid focus on marketing for investors.
WHY SHAREHOLDERS BELIEVE SMKY IS A GREAT INVESTMENT:
* The company is not widely known in the investment community - many would consider it a hidden gem.
* The business appears to be ready the kick-off into high gear in the very near future.
* The effective float at the current share price amounts to only about $162,500 in total dollars.
* During the week beginning March 7, 2011, the share price nearly doubled on total dollar volume of less than $7,000.
* Shareholders believe with some more exposure will come higher trading volume, and with the small effective float, any buying pressure should send the share price a lot higher.
* 52-week high is .10/share.
* Chart technicals suggest a possible chart breakout very soon.
CEO INTERVIEW:
On December 1, 2010, CEO Eddie Feintech was interviewed by StockGoodies.Com. Any potential investors are highly encouraged to listen to this very informative interview:
http://www.stockgoodies.com/m/sounds/view/SMKY-Interview-12-1-10
CHARTS
DAILY:
WEEKLY:
My posts are my personal opinions and not recommendations to buy or sell securities. You are responsible for your own investment decisions. Full Disclaimer
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