BornSinner22
Oct 11, 5:07 PM
$BYND $CVNA $PLTR $QQQ $SPY
$BYND So much nonsense on here. Endless squeeze predictions and comparisons won’t attract serious investors lol. Let’s discuss actual developments.
Boken/AlixPartners were brought in specifically to transform operations, supply chains, manufacturing costs and margins, costing ~
$800K/month. He’s now left, with no replacement. Management knows Q3 numbers and clearly believes his transformation role is no longer needed. That’s a pretty bullish signal IMO.
Missouri production line activated, testing/ramping to bring outsourced manufacturing in-house. Supplier savings and warehouse consolidation underway.
Filet #1 DTC seller, now in 4 retailers. Immerse/Big Geyser, Phytosphere launched. Walmart Steak Tips ratings 2,368→3,000+, Burger 611→1,000+ since July.
Europe retail +16.5%, SIAL next week. Ethan discussing bigger 2027 marketing push.
H1 cash burn
$58M→
$23M (partly working capital), ~
$171M cash at Q2.
Risks remain, but the breadcrumbs are adding up.
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