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Beyond Oil Ltd C.BOIL

Alternate Symbol(s):  BEOLF

Beyond Oil Ltd. is a Canada-based food technology company. The Company’s solution integrates with food services and restaurants’ existing oil filtrations processes as a filter aid. The Company provides Food service Frying and Industrial Frying. The Company helps restaurants and food chains serve healthier food while reducing their oil costs, decreasing waste, and increasing sustainability. Its Beyond Oil is a powder that absorbs and prevents the formation of harmful components such as total polar materials (TPM), free fatty acids (FFA), Trans Fats, Acrylamide, polycyclic aromatic hydrocarbons (PAHs), and other impurities. Its Beyond Oil+ is a powder, which extends the oil's lifespan while preserving its quality and nutritional value. The Company is focused on commercializing its product in the food service market and in the industrial frying market.


CSE:BOIL - Post by User

Comment by lscfaon Nov 29, 2022 1:51pm
352 Views
Post# 35137290

RE:RE:q3 on sedar

RE:RE:q3 on sedarBased on co. slide deck, restaurants save $4500/yr/fryer. 
An average 5 fryers per restaurant = $23,000/yr.savings.   
BOIL will have to sell its product for less than this to get customers.   
Say $5,000/yr/resturant of 5 fryers. Therefore the Joeys 45 sites => only $255,000/yr. Not great.    
Recall the co. forecasts it will not be cash flow poitive until the end of 2023 so it needs to sign up alot more restaurants.






SilverSpewn wrote: what do you make of it? The TEJA and Joey's announcements plus all the activity in Turkey and Israel might suggest that next quarter will show significant revenue, no? Give us your analysis lscfa, us BOILERS need to stick together!



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