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.

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Odd Burger Corp > anyone following this?

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Comment by steelinvestoron May 12, 2021 5:31am

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

I. understand. Let me simply say that A) They expect to dominate the vegan choice fast food sector B) very healthy margins built into their financial model C) they control their own "souce to market" C) the Company is Toronto, the venture exchange is Toronto (TSX.V) Tom Cox from Canaccord in Vancouver but has a good reputation, is a finance leader in the vegan sector with many succeses under his belt. Management and financial partner are the most important to me when investing and this del has them both. This is one that will continue to expand it's market imo.

rational wrote: 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.