Very Good Food Company Inc VGFCQ

Reality

[CanadianKia]

So, i have been saying for a while that this stock needs to be in the $0.5 to $1 range or lower.

most people thought i was crazy. 

Do yourself a favour and look at their last financials and focus on a few things:

1. TOTAL REVENUE (does it match beyone meat and others who are succesfull?)
2. TOTAL SHARES (WONT INCLUDE THE NEW SHARES THAT WERE ADDED RECENTLY)
3. Read the portions on the production expansion. This part i Like and is always good to see with any company growing BUT you HAVE to understand that the expansion comes at a big cost up front!!! thats important because in the short term it will hurt your profits but in the long term is good.

Therefore, this stock should be at the prices that i have said above until their revenue hits the 400-500M a year. then you can justify the crazy high prices that competitors have. 

At this point in time, its almost a worthless company with $10M of revenue a year. their shares should be pennies until they can develop.

IMO.