InvestorsHub Logo

THESTOCKMAN1

05/23/24 4:21 PM

#4504 RE: BigJuan #4503

ACCURATE! Truth is NOBODY knows about it. Management appears to has VERY quietly been building, expanding and improving the production and operational mechanism behind the coffee portion(Cafe Domino) of the business. The cost cutting measures, the injection of operating capital to effectuate the acquisition of new, high efficiency, coffee production equipment, have enhanced product quality and production capabilities. Since buying Cafe Domino from the bankruptcy court(at a massive discount to actual asset value) the turnaround to profitability has been remarkably impressive. The BK Court purchase of Cafe Domino was for 3 million and included substantial assets that aren't even reflected (per the December 2023 year end financials) nor is any of the new equipment they've invested in as of now!