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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 BluepointVance1on Jan 13, 2024 2:26pm
128 Views
Post# 35825275

RE:RE:Curious Situation - some thoughts

RE:RE:Curious Situation - some thoughtsI have been accumulating shares here for the last few months. It came to my attention from X posts Sean Black cfo of HFBG in which he often hashtags other companies of interest. I believe they have the package here. Light asset model, fully automated and producing fast food which looks like fast food. I've never been in proximity to sample it but the reviews appear good. Over 50 percent of the shares are held by the founders. I don't know Sean and have never met or spoke to him but he hasn't been hashtaging them now for awhile. I suspect he tried to bring them into the HBFG fold and they resisted. Too bad because the contrast in execution is stunning. For those who don't know Sean was former CDO of MTY Foods. He has an extensive network anxious to do business with him again now that he has the band back together. Landlord are anxious to do business with HBFG because with their brands they can fill up a food court. While he is doing that ODD is taking out small loans at 15 percent. Their lack of urgency in achieving scale may cost them first mover advantage. Regardless I do believe they have something quite special here and I will hold and probably buy more. It's just that success feel's further away as time passes.
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