$GOAT's subsidiary secured agreement for new facility Billy Goat Brands’ wholly owned portfolio business FunGuys Beverages has entered into agreements to secure a manufacturing and distribution fulfillment facility in the Dallas-Fort Worth Texas area.
This facility will mainly be used to produce and distribute FunGuys KOLD line of functional beverages. KOLD beverages are a line of coffee beverages enhanced with organic mushroom supplements.
Additionally, FunGuys is entering into the US market with sophisticated e-commerce support from TerraCycle’s LOOP platform. LOOP currently has the support of major American, Canadian and European grocery retailers.
Shares of $GOAT.CN are currently taking a bit of a hit, but this could mean we’re looking at a big discount here. If $GOAT investees can continue to lock in agreements and infrastructure to support the distribution of their products, I think we could be looking at some good price movement going into the new year.
Shares of $GOAT are currently trading at $.2 and the company is valued at $20.4M.
https://ceo.ca/@nasdaq/billy-goat-brands-investee-funguys-beverages-announces