Quote from: HONDACD125 on May 27, 2025, 09:32:27 PM

Quote from: philipma1957 on May 27, 2025, 03:05:12 AM

Fast math 5000/3= 1667 coins a year

Or 166,700,000 for 3 years in a row

That is not small change.

So the question is what does the company earn as profit in a year?

And they earn 10,000,000 usd profit for 2024

https://ir.daydaycook.com/financials/income-statement

So how do you buy 5,000 coins with 10 million in profit last year.

To me I think the future goal of 5,000 coIns seemed too big to some investors.

If they grabbed 50 coins for 2024 that would be 1/2 of their profit.

Also the 10 mill profit was gross profit

After all expenses they took a loss of 20 mil

So they basically looked terrible as a food company

This is probably why they had to face a negative impact after buying Bitcoin and sharing their future plans, because traditional markets and investors are different than cryptocurrency investors because they don't just invest and speculate about the price and expect to get profits but they evaluate the company, their moves, how they are doing, and everything like that, and this is why whenever a company does bad in anything they do, their investors start leaving them and sell their shares that they have been holding because they want to shift to a better company.

If they have their profits and all other statistics publicly available and anyone can see them, then they shouldn't be making plans and publish them for everyone to see because that is going to make them look like a fool as a business if the plans they have aren't according to how they do as a business and their revenue isn't enough for them to complete the goal they have.

Maybe they wanted to use Bitcoin's name to get some publicity since they know how popular and trendy it has become in recent times.

They are taking a shot the coin goes way up and bails them out..

The revenue was 70 mil
The gross profit was 20 mil
The loss after all exp was 20 mil

So they had a bad year.

To me the BTC is a shot in the dark hoping for a bailout because they are bleeding money with the food side.

But if the stock drops 60 or70% more the stock is worth a shot