IFBC
I think we will get many more than a "couple more" lucrative contracts. These guys have something that works and they have made the decision to do two things with it:
1) expansion
2) scalable growth
As a private company, IFBC had limitations about how much it could grow, but as a public company, other opportunities present themselves to finance their growth.
1) expansion - a) geographically - this is going into other countries (very difficult as a private company) - I would not be surprised to see a few more countries in the next PR - and I am hoping for large countries with large populations, as well as countries which will enjoy the "exotic charm" of Italian food and wine.
b) products being offered - once the infrastructure is in place, with delivery and data marketing completed, they can then add to the menu without the startup risk.
2) scalable growth - start small and make sure it works, then double down. This is what they are doing right now with their food trucks. I think most of us know how popular food trucks have become in the last years. Scalable means - as soon as you get it where you want it to be, you then add to how many you already have. Start with 10, but they have contracts already for over a thousand locations. Iron out the mistakes and problems with a small amount, and then go big.
It looks to me like they have already invented the wheel, and it works. Now we get to watch the growth.
As opposed to OTC companies that specalize in pump and dump and fluff PRs, IFBC seems to inform us only of real growth information. Works for me!!!!
prof
I think we will get many more than a "couple more" lucrative contracts. These guys have something that works and they have made the decision to do two things with it:
1) expansion
2) scalable growth
As a private company, IFBC had limitations about how much it could grow, but as a public company, other opportunities present themselves to finance their growth.
1) expansion - a) geographically - this is going into other countries (very difficult as a private company) - I would not be surprised to see a few more countries in the next PR - and I am hoping for large countries with large populations, as well as countries which will enjoy the "exotic charm" of Italian food and wine.
b) products being offered - once the infrastructure is in place, with delivery and data marketing completed, they can then add to the menu without the startup risk.
2) scalable growth - start small and make sure it works, then double down. This is what they are doing right now with their food trucks. I think most of us know how popular food trucks have become in the last years. Scalable means - as soon as you get it where you want it to be, you then add to how many you already have. Start with 10, but they have contracts already for over a thousand locations. Iron out the mistakes and problems with a small amount, and then go big.
It looks to me like they have already invented the wheel, and it works. Now we get to watch the growth.
As opposed to OTC companies that specalize in pump and dump and fluff PRs, IFBC seems to inform us only of real growth information. Works for me!!!!
prof
