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User-65225

09/14/18 1:11 AM

#172435 RE: General Grievous #172431

AGAIN, what about the dozens of initiatives they’re investing in?... along with Snakes supporting three subsidiaries + corporate overhead?

Companies often lose money at this stage, pursuing the level of future growth that Snakes is investing in.

Proper DD is important... It takes $ to make MORE $$$
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Do you realize all of the segments they are investing in? They are not only expanding locations. They are hiring (200+ employees now), expanding warehouse space, entering new markets, acquiring companies with ALL cash, managing multiple subs, funding multiple high margin self published game titles, uplisting, growing revs by 8 figures over the past 3 Q's, etc, etc

Several major growth initiatives are coming to a head and this is the time to be entering/adding. The rate at which they are growing will not allow this market cap to stay this low imo. They are only trading 2-3X trailing revs and their biggest initiaves are about to kick in.
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cwhockey31

09/14/18 1:11 AM

#172436 RE: General Grievous #172431

A lot of companies run at a net loss, ESPECIALLY when they're in rapid expansion beast mode, not to mention only just acquired S&L in Sept 2016.

That net loss will shrink significantly when the self published board games hit the stores. Everything is aligned... full board game manufacturing and publishing all the way to the shelf, to the cafes, and into the customers hands at the cafes or to take home; all while drinking beer and eating some great food at an S&L. You can't deny the business model is very strategic and management is placing themselves in a very good position for explosive growth over the next several years.

All it takes is another JRF and we have another 10 locations, not to mention all the franchise locations that are about to be announced on Monday now that the audit is done. Wonder how many?