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Odd Burger Corp V.ODD

Alternate Symbol(s):  ODDAF

Odd Burger Corporation is a Canada-based franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. It operates with small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, and a vertically integrated supply chain. Its product menu includes Breakfast, Burgers, ChickUN, Salads & Wraps, Sides, Desserts & Shakes, Beverages and Gluten-Friendly. Its breakfast products include Hash Browns, Ham Breakfast Sandwich, BacUn Breakfast Sandwich, and others.


TSXV:ODD - Post by User

Comment by rationalon May 11, 2021 12:20pm
129 Views
Post# 33174052

RE:RE:RE:RE:anyone following this?

RE:RE:RE:RE:anyone following this?Thanks for your insights, steelinvestor.

I have lots of reason for hesitation here:
  • every fast food chain seems to be coming out with a vegan offering these days
  • possible market bubble in the sector
  • as mentioned, lack of financial clarity/communication
  • venture exchange (=vancouver=still toxic IMO)
Having said that, I like that it is a "totally" vegan fast food venture run by someone with obvious academic smarts as well as financial securities experience. If we could just get some clarity regarding  current financial picture and financing/cash flow estimates for the fill out of 20 stores this year.

I'll be watching eagerly, but still nervous at the moment.
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