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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > Do I have this right? $340,000 total sales last year
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Post by rainorshine59 on Jun 24, 2020 1:34pm

Do I have this right? $340,000 total sales last year

at local framer's markets in southern BC, and a 'hip, vegan' restaurant leasing a space in the Victoria Public Market in Victoria that sells 'tofu eggs'...YES...made from real eggs...and Deep Fried REAL chicken...

...now worth $80-100 Million Market Cap ????????


Seed round of $600,000 from 240 investors, via frontfundr two years ago. @ $0.12.

Another Masterful Punt for the Howe St. 'promote' machine!!!
Comment by ManitobaCanuck on Jun 24, 2020 1:55pm
I bought it at 12 cents on  seed round frontfundr and sold it off at 2 $. Have barely a few thousand left , but it was a 15banger.
Comment by hyperioncruiser on Jun 24, 2020 2:09pm
Was wondering if you were sent DRS statements from computershare for this as they were only released on Thursday/Friday of last week correct?  How did you get those transferred and deposited into your brokerage account in time to sell at $2?
Comment by ManitobaCanuck on Jun 24, 2020 3:30pm
I trade with Frontfundr and Mitchell Nagy ,sent out a email DRS copy for FrontFundr  on Thursday . I emailed this to Questrade broke customer service and it was deposited in my account on Monday. On Monday early morning , it traded at 2.25 max and my order for 2$ was filled in morning .  Hope this helps 
Comment by hyperioncruiser on Jun 24, 2020 3:40pm
Thanks for the reply I use questrade as well but got an email from them saying it would be another 5 business days before it gets deposited into my account hopefully doesnt drop to much before i can sell some.
Comment by ManitobaCanuck on Jun 24, 2020 3:42pm
Check your account ,it might show up there . My apologies for the error  , i mean , i use Qtrade through MDmanagement .
Comment by MarketMaster202 on Jun 24, 2020 2:37pm
Redorshine59, do some actual DD before you spray non-sense. Near $500,000 revenue in April alone. Bye bye.  
Comment by phat_cow on Jun 25, 2020 11:24am
How do you know they made that much in April? I would love to see the source.
Comment by MarketMaster202 on Jun 25, 2020 2:24pm
FatCow, do your own DD. It's a publicly traded company. Financials are VERY very easy to find and Very Good Butchers have done a great job laying out recent month to month revenue. Do some research.
Comment by hyperioncruiser on Jun 25, 2020 3:07pm
If you go to the website for very good butchers and download the investor presentation it breaks down the sales by month and in april they had roughly $480,000 in revenue
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