Just Kitchen Holdings Corp V.JK

JustKitchen & $15 Billion CloudKitchens License Partnership?

[Swedeprof]

Is JustKitchen (JK.V / JKHCF) partnering with Travis Kalanick’s (UBER founder) new $15 billion CloudKitchens venture??

Just saw this tweet (https://twitter.com/airic101/status/1489332158573334530?s=20&t=Lrp-py5ndBeWDTAuvIEzHg). 20 more locations for $JK in Asia Pacific will be opening very quickly with locations already sorted. I would appreciate fellow shareholders to read that last paragraph about the licensor and share their thoughts. Thanks.

https://www.newswire.ca/news-releases/justkitchen-signs-preferred-licensing-agreement-with-global-dark-kitchen-operator-for-up-to-20-apac-locations-898438308.html

[drd8]

my thoughts are yes this is City Storage Systems, owned by UBER founder Travis Kalanick - i wonder why they dont say this - he has been vrey secretive about what he is doing there. The crazier thing is that investors like the saudi sovereign wealth fund put in $400m Companies like grubhub, C3, Snackpass have raised more dough than Just Kitchens mkt cap.  EatClub Brands just raised $40m from

[LiquidReality]

You are right, this makes no sense. Should be a buyout target for a big boy who wants to expand in Asia. Beacon Securities analyst Doug Cooper said "JK is the ‘inverse unicorn’ versus its peers who all support valuations well over US$1 billion,” Cooper said “Given its dominance in SE Asia as well as its growing brand portfolio, we believe it will not be long before either the market