HOME RUN – Current: $1.88

Target: Much higher!

The Very Good Food Co. (US: VRYYF)

Yesterday, I finally got a chance to speak with the co-founder of The Very Good Food Co. (CSE: VERY & US: VRYYF), my largest holding in the food sector – the GROWTH PROSPECTS are not only gigantic, but also realistic, feasible, and UNDERWAY.

The company has a TRIANGULAR REVENUE MODEL, which is the most scientific and best-executed I’ve seen in my pursuit of the ideal retail stock:

 

E-Commerce is the company’s MAIN SOURCE of business, which is a PHENOMENAL TESTAMENT to its online marketing efforts and its ability to deliver a shopping experience from home, especially with COVID-19 hampering grocery store trips.

Because the products are in such a HIGH DEMAND, the current facilities can’t handle the load!

The company is building TWO NEW manufacturing centers, one in Canada and the other in California, so that they can cut the WAITING PERIOD from the current 3-4 weeks that it takes to get your order down to 4 days!

It is also employing 3rd–party logistics in order to cut SHIPPING COSTS by 50%!

That’s savings that will go towards our BOTTOM LINE as shareholders.

The online orders are either one-offs or subscription-based. At present, there are 1,000 monthly repeat orders (subscriptions). It was 90 subscribers the year before – that’s a 1,100% GROWTH SPURT!

On shelves, this company hasn’t even begun TO PENETRATE the U.S. market; all of this growth is coming from Canada.

There’s a TREMENDOUS BACKLOG of 50 wholesale chains who want the products on their shelves but the company CAN’T COMMIT to them yet!

This is exponential-type growth and the list of current wholesales is WORLD-CLASS already:

Whole Foods Market, which is owned by Amazon.com, is an obvious expansion opportunity since it has 500 stores already!

Imagine the potential, as this brick-and-mortar revenue model is only responsible for wholesale sales of~$74k and restaurant sales of ~$50k.!

The company has products in only SIX stores of Whole Foods. We are literally positioning before the MASSIVE PRODUCTION expansion makes this company a huge deal.

The line of products is in CONSTANT DEVELOPMENT since the two founders are working on securing an ORGANIC CERTIFICATION, which will be important as they continue to roll out NON-GMO, artisanal meat replacement foods, gluten-free products, and keep spending a significant sum of CAD$500K on research and development (R&D).

The two founders are HEAVILY-INVESTED. Combined, they actually own between 33% and 38% of the outstanding, fully-diluted shares.

Consider shares of The Very Good Food Co. (CSE: VERY & US: VRYYF) NOW!

Consider becoming a shareholder of Very Good Food (CSE: VERY)!

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