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Bullboard - Stock Discussion Forum Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile... see more

TSXV:JK - Post Discussion

Just Kitchen Holdings Corp > JK, Just Kidding?
View:
Post by MrDales62 on Jan 30, 2023 6:52am

JK, Just Kidding?

The financials would suggest this is not a viable business model.

GLTA
Comment by SIGG1 on Jan 30, 2023 8:42am
the 2.5M they want to raise will last one quarter and then what?
Comment by MrDales62 on Jan 30, 2023 9:22am
They are losing almost twice the amount they get in as revenue! Move on people, live and learn. GLTA
Comment by SIGG1 on Jan 30, 2023 9:49am
because CEO, executives and directors are being cocky and are getting paid as much as if it was a successful 5 billion dollar company.  No wonder why their monthly cash burn is so high 
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