live stream for january 13th |
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2022 we are back for the first interview |
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absolutely yeah i think 2022 really is a |
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of things lined up so 2022 really is |
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the next you know 10 10 x plus |
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know 18 months we've already had nine of |
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thousand to five thousand percent |
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another ten more of these 10 baggers in |
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could be one of them he definitely has |
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yes there's two there's two sides to |
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chain uh with four locations um focused |
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natural products um we're a one-stop |
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10 to 12 000 square feet and so we want |
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co-founded by two excellent people afram |
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and so launched uh four skus uh in the |
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so we have four skus out in the market |
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right time this is like one of the big |
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i think we just in one of our |
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know was named uh you know one of the |
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top 10 products to watch for for this |
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what i knew first after trying the |
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famous place called i think it's 11 |
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stars one two stars and the guys go you |
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one of the things that these guys really |
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plant-based breed that is second to none |
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know like 100 grand and i think they |
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have ones for like 35 grand so it's like |
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one thing also is this market again just |
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for anybody else it's a 600 billion |
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dollar market opportunity there is 600 |
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billion worldwide uh we've seen that you |
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seen a lot of fads over the 15 years |
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and that's why you know the first two |
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like in the tribeca neighborhood like 30 |
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multi-multi-billion dollar market |
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10 bagger stock sure uh so right now i |
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25 million plus run rate exited 20 last |
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new stores i think four to six stores |
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let's call it a 50 or 60 million dollar |
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MONEY
50 or 60 million dollar
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exit this year 22 with a 50 60 million |
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actual numbers but that could be also 15 |
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20 million |
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it could be you know five 10x whatever |
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stock to go from you know uh 40 50 cents |
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to you know 250 |
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i'm saying even potentially five dollars |
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you two questions and we'll jump in |
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matt let's kind of one thing i'm sure |
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21 on kind of a downer let's be honest |
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beginning went from 30 to 70 cents we |
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yeah yeah so you're not the only one |
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basically one of our stores was under |
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continued into fourth quarter but it's |
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easy to say it's one store but you know |
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with where we're at right now that's 25 |
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had one store that was under renovation |
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30-plus |
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last you know let's say even two and a |
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like first of all by contrast case |
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and yet still pulling uh 30 plus percent |
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margin speaks to number one the |
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one of the points we'll talk about about |
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yeah i mean one of the one of the big |
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20 to 30 store operation here in our |
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four to six store package we really want |
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eight to ten store range but above and |
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support you know five to six store |
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ontario that could easily support a five |
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to six store development package and |
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could support a five to six store |
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you know each store you know six or |
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seven million in sales you look at us as |
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a ten store operation we're we're going |
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to be a 60 to 70 million dollar year |
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MONEY
60 to 70 million dollar
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operation you look at a 15 store |
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operation we're we're a hundred million |
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CARDINAL
a hundred million
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dollar a year company and so with 15 |
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stores 15 stores is 100 billion |
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100 stores to be noticed here we're |
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you know 10 to 11 000 square foot range |
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know 20 30 000 square foot range |
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QUANTITY
20 30 000 square foot
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you know three to five thousand square |
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to 100 million dollars with just you |
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MONEY
100 million dollars
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know 15 stores in like your local region |
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one of their stores i mean you really |
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yes to so to get the 15 tools would be |
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first off you know you have things like |
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sometimes they look at one number when |
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they should be looking at seven numbers |
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and look at seven numbers when they |
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should be looking at three numbers so we |
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one thing matt i i don't want to insult |
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know uh in the last three four months |
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DATE
the last three four months
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of new uh multi-family six five four |
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five story buildings |
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want to have a you know ten thousand |
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they have a ten thousand square foot |
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QUANTITY
ten thousand square foot
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is once they see you have you know eight |
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eight stores and you know we can do this |
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there's like 20 million or something or |
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ten yeah yeah i mean look i always like |
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think third or fourth largest city so |
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forward we always felt that the 8 to 10 |
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you know with our four stores we're well |
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focused on a four to six door package um |
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can easily support five six stores each |
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and you're talking 15 to 18 stores right |
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there in those three geographic areas so |
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market and when you look at the four |
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50 60 million run rate by the end of the |
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year by the end of this 22 so which |
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250 million valuation so that's a 10 |
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not just one product not just two not |
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just three but four products in a six |
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outlined you know four key things for us |
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number one was solidifying our co-packer |
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one for for milestone number two is |
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this the six recipes that the that the |
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said it was a 10 sku package we wanted |
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to get the 10 skus before really pushing |
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market so that's milestone number two |
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milestone number three is linking up |
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the fourth is is linking up with at |
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least one large retailer and the reason |
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look at 10 skus and our skus are packed |
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six units per case they're not big cases |
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case of 12 24 36 cases six keep it very |
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ten skus six units per case an average |
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five dollars a unit which is very |
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look at an average five dollar cost to |
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10 skus six units per case in 500 doors |
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okay one case per door per week you're |
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looking at an 8 million a year company |
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a very low bar 500 stores that is |
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because 500 |
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that with one retailer that doesn't even |
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out if you're in a thousand doors if |
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you're in two thousand doors if you're |
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in four thousand doors you look at we |
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talk about oatley is in 65 000 doors |
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get the 10 skus link up with a |
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the for the coming 12 months those are |
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DATE
the coming 12 months
|
|
our four bedrock milestones for this |
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|
going to hit eight million dollars in |
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MONEY
eight million dollars
|
|
million revenues and they have some of |
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20 million us 25 million and uh you know |
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50 million plus you add the grocery and |
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this is just with again with the eight |
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million revenues which is nothing that's |
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based on 500 doors that's like you know |
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this sixty thousand one retailer yeah |
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DATE
this sixty thousand one
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could hit that with one large of our |
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2021 was show the market potential with |
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just tremendous and it's in a six week |
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that one of the key things is that look |
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eight million it's gonna be at least |
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eight yeah so this these so these things |
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take a picture about one of my stores |
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are not 52 ingredient products uh we |
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very busy you know the first two weeks |
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sells the msrp is 9.99 this is not 99 |
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9.99 degrees suggested it's 13.99 so |
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we're not selling things for 47 cents in |
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perception it's not a 47 item you know |
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at when we're at four or five stores or |
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15 or 20 stores we'll always evaluate |
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|
for og 21 stores |
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|
275 million 30 million a door yeah i |
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CARDINAL
275 million 30 million
|
|
13 million of store essentially you know |
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20 20 million market cap five million a |
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|
store this is a 13 and this is |
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|
ten thousand square foot four five it |
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QUANTITY
ten thousand square foot
|
|
just 24 7 we're going to to capitalize |
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|
stores within three years will you open |
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us will there be u.s stores within three |
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years i'd say will there be us within 12 |
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first call i've gotten and it won't be |
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to say three years i don't want to say |
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12 months i want to say 24 months |
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60 days between now and uh |
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last six queues to get to that 10 ski |
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going to be one store you're going to |
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announce four at a time right we're |
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with the company so those are good two |
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to be a four store package and maybe we |
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group four possibly six stores right |
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know we're working hard on that four to |
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six store package we want to take a big |
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12 to 18 months what is potential what |
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is 18 to 24 months what is 24 to 36 |
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in to hit that 20 to 30 stores which is |
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20 to 30 stores so potentially in 18 |
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months you could have 20 or 30 stores |
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know four to six months to get sites |
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simultaneously i think one of the |
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|
open one of these stores it is there's |
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our stores because you get one free case |
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75 or 80 percent of a new store it's |
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proven not even two dollars i don't |
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|
below two or three dollars though |
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MONEY
two or three dollars
|
|
opportunity to raise money at 70 cents |
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|
unbelievable okay hang on a second let |
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|
i've got a four four-minute video in the |
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|
i i kind of wanted to start off 20 you |
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|
know this you know 22 with uh you know |
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|
january 13 2022 we are back with the |
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|
|
uh one of our favorite super stocks |
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|
uh increased from i don't know 17 cents |
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|
to almost two dollars pull back so |
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|
mentioned just a second ago which is |
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|
august of 2021 last year it's i guess |
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|
|
about a six month old company right now |
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DATE
about a six month old
|
|
five |
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|
|
equity participants visibility is one of |
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|
|
two independent software vendor |
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|
|
participants tech mahindra a 20 billion |
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|
|
a 17 billion dollar indian si |
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|
|
six countries |
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|
|
organization is 200 million plus as i |
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|
critical piece about austin gis two |
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|
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important critical pieces number one |
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|
we're a ten percent equity participant |
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|
two to share with them these are the |
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|
the availability of not one but two |
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|
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employee headcount over 300 000 people |
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|
|
the second uh sort of |
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|
|
is two foundational licenses one from |
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|
|
to be 25 million by the end of 23. |
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|
|
addition to that we have a 2 million |
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|
|
that will be paid in the first half |
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of 22. the third uh sort of accelerator |
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|
i don't know maybe it's three minutes |
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|
|
two minutes on on what the radar pieces |
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|
|
in one of our deployments facial |
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|
|
three targeted police departments to |
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|
one |
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|
east coast and the third sort of midwest |
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first responders where's the shooter |
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real-time crime center or a 9-1-1 center |
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|
the next 15-20 seconds in exterior |
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|
|
third one which is winkle media i'm not |
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|
|
licensing revenue as well as 33 of the |
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|
|
to be 250 million per at per annum by |
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|
|
the end of year four that's a |
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DATE
the end of year four
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consequence of between 45 and 50 000 |
5.04 |
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CARDINAL
between 45 and 50 000
|
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the end of that fourth year 10 million |
5.12 |
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|
|
abm bev and winkle on two additional uh |
6.32 |
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|
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vision first for other |
3.28 |
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|
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a roughly a 10 ownership position and |
4.96 |
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visibility for 14 million |
4.801 |
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|
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invisibility and we've done two things |
4.159 |
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addition to that you can get a 50 page |
3.6 |
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three participants i just mentioned and |
4.64 |
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this now for the first time puts us in a |
5.28 |
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|
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first time we're getting a b inbev to |
4.719 |
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|
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expense and turn into a 5 10 15 20 year |
6.0 |
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|
|
the services the day two management and |
4.081 |
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|
|
in the usa included 65 billion for |
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|
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two entities not just cities but |
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you kind of you like you gave one |
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|
|
dollars to equip 45 50 000 stores or |
6.08 |
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you could sign a five to seven year |
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|
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audience questions and again you have 10 |
3.841 |
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|
|
50 billion dollar business |
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|
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decision which cost us one million |
2.48 |
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|
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get a right of first refusal on all |
4.0 |
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|
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to three companies whose market cap |
4.96 |
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|
|
exceeds 20 billion dollars and for me to |
5.12 |
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|
|
three questions actually |
3.92 |
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|
|
of um 21 because we're |
4.72 |
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|
|
in 21 and in the fourth quarter |
5.121 |
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|
|
non-linear growth rate where one goes to |
4.56 |
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|
|
two goes to four goes to eight et cetera |
4.48 |
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|
|
terms of guidance for 22 which i haven't |
3.12 |
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|
|
the guidance i gave for 21 i think will |
4.719 |
Jump to 4903.52 |
|
|
basis and guidance was 15 to 20 million |
5.041 |
Jump to 4908.239 |
CARDINAL
15 to 20 million
|
|
will have done that i think for 21 and |
4.639 |
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|
|
the the revenue guidance and then for 22 |
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|
|
for 22 the the revenue guidance hasn't |
3.76 |
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|
|
double that of uh 21. so i'm delighted |
5.44 |
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|
|
uh 21 and more interested and delighted |
4.48 |
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|
|
okay do you think you can do 50 million |
4.48 |
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|
|
you can hit 50 million bookings in this |
5.361 |
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|
|
year 22 it would have it would we'd |
5.52 |
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|
|
five to seven years then the booking |
5.121 |
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|
|
to be a two or three year deal it'll be |
4.64 |
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|
|
one of these players in that space this |
3.121 |
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|
|
small city you might one of these |
3.36 |
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|
|
it's called 20 million a year |
3.04 |
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|
|
you know your portion might be 2 million |
4.0 |
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|
|
yeah the stock could hit a billion |
2.879 |
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|
|
in the next 12 months just based on kind |
4.801 |
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|
|
with uh these three different aspects |
5.121 |
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|
|
with at walmart or a target or one of |
4.56 |
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|
|
the fourth quarter was a very well |
4.96 |
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|
|
questions first we've got a bunch of |
3.839 |
Jump to 5308.8 |
|
|
one of their biggest revenue spots it's |
4.48 |
Jump to 5358.159 |
|
|
is worth a hundred billion over the next |
4.08 |
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|
|
10 years it's the most important media |
4.96 |
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|
|
jay we've got about 30 questions i'm |
2.8 |
Jump to 5452.0 |
|
|
think that particular one might have |
3.839 |
Jump to 5504.32 |
|
|
that was deployed through one of our |
2.881 |
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|
|
the supplier of the year three times |
4.48 |
Jump to 5524.96 |
|
|
running three year over year |
5.119 |
Jump to 5527.04 |
DATE
three year over year
|
|
relationship with westrock though three |
4.0 |
Jump to 5532.159 |
|
|
two opportunities and we're helping them |
4.08 |
Jump to 5595.84 |
|
|
14 head count just in the first quarter |
4.48 |
Jump to 5633.36 |
|
|
that i reference is a 50 page white |
4.16 |
Jump to 5688.32 |
|
|
not one of them is small they're all |
3.201 |
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|
|
it's always a difficult one because uh |
4.96 |
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|
|
particular one |
2.64 |
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|
|
10 |
3.12 |
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|
|
catalysts for the next 60 days well this |
3.36 |
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|
|
great question next six days i would say |
3.759 |
Jump to 5879.36 |
|
|
three thousand cameras just in that |
2.8 |
Jump to 5926.96 |
|
|
three thousand cameras three thousand |
4.0 |
Jump to 5929.76 |
CARDINAL
three thousand cameras three thousand
|
|
cameras in one month yeah |
4.16 |
Jump to 5931.6 |
|
|
30 to 60 days um we're very proud of a |
4.72 |
Jump to 5981.36 |
|
|
okay so uh so so the 3000 cameras just |
4.96 |
Jump to 5995.36 |
|
|
one one was a brand new county |
5.04 |
Jump to 6012.48 |
|
|
reorder that's number one number two is |
4.961 |
Jump to 6028.639 |
CARDINAL
number one number two
|
|
actually get this done because again one |
3.921 |
Jump to 6035.119 |
|
|
mean you got to be 20 |
4.0 |
Jump to 6043.84 |
|
|
we don't announce a 30 million dollar |
4.079 |
Jump to 6056.56 |
|
|
camera network worth you know 10 000 15 |
3.841 |
Jump to 6060.639 |
|
|
thousand cameras |
3.76 |
Jump to 6063.04 |
|
|
five to ten dollars per camera per month |
4.16 |
Jump to 6066.8 |
MONEY
five to ten dollars
|
|
so even a thousand cameras deployed in |
4.159 |
Jump to 6072.48 |
|
|
is between you know five thousand |
3.681 |
Jump to 6076.639 |
|
|
dollars and ten thousand dollars so |
2.8 |
Jump to 6078.8 |
MONEY
ten thousand dollars
|
|
contract over three years five years |
3.921 |
Jump to 6086.639 |
DATE
three years five years
|
|
seven years now we're talking meaningful |
4.72 |
Jump to 6088.56 |
|
|
ten dollars it becomes thirty there's a |
2.56 |
Jump to 6097.28 |
|
|
from a one-time revenue company to a |
3.119 |
Jump to 6142.0 |
|
|
they would probably sit on the second |
3.36 |
Jump to 6186.0 |
|
|
first year but the opportunity is to is |
4.24 |
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|
|
to take them from a second tier to a |
4.401 |
Jump to 6191.679 |
|
|
first here they appreciate what we do uh |
4.559 |
Jump to 6193.6 |
|
|
one thing that's been kind of talked |
4.321 |
Jump to 6210.159 |
|
|
nine to 15 square meters |
6.0 |
Jump to 6262.159 |
CARDINAL
nine to 15 square meters
|
|
that's 30 to 40 percent of all retail |
5.52 |
Jump to 6264.96 |
|
|
two 2021 impacts for us |
4.079 |
Jump to 6303.04 |
|
|
us in 22 |
2.88 |
Jump to 6309.04 |
|
|
in navigating it the first impact cove |
6.08 |
Jump to 6311.92 |
|
|
had had for us in 21 is supply chain |
6.641 |
Jump to 6314.159 |
|
|
um uh probably four times we had to stop |
4.32 |
Jump to 6318.0 |
|
|
three |
2.639 |
Jump to 6330.56 |
|
|
in a boat off of long beach for 71 days |
4.56 |
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|
|
that's one way and the second way is um |
5.04 |
Jump to 6363.28 |
|
|
probably 70 people that we had to uh |
4.8 |
Jump to 6370.48 |
|
|
you're either there for 15 well you're |
4.08 |
Jump to 6452.32 |
|
|
there between 15 and 30 minutes |
4.239 |
Jump to 6454.0 |
CARDINAL
between 15 and 30 minutes
|
|
our first deal with eos |
4.56 |
Jump to 6483.04 |
|
|
where they're doing 500 some odd |
3.92 |
Jump to 6485.52 |
|
|
a minimum of 15 minutes well we have the |
4.639 |
Jump to 6506.56 |
|
|
charging station in you know at mile 50 |
5.92 |
Jump to 6555.92 |
|
|
of of route 66 and there's nobody else |
4.239 |
Jump to 6558.88 |
|
|
it into 7 11 in four slots and that 711 |
4.0 |
Jump to 6565.36 |
|
|
4 000 visitors a day that's a super |
6.239 |
Jump to 6569.36 |
|
|
deployed i think 3 000 charging stations |
5.36 |
Jump to 6634.239 |
|
|
with 100 charging stations incorporating |
4.319 |
Jump to 6637.28 |
|
|
60-inch digital display which is sort of |
3.361 |
Jump to 6639.599 |
|
|
what's in so one of the things that |
3.281 |
Jump to 6699.119 |
|
|
7-eleven |
3.44 |
Jump to 6765.44 |
|
|
okay i mean in theory you know one so |
5.36 |
Jump to 6772.4 |
|
|
can buy you know one of these charging |
3.92 |
Jump to 6782.4 |
|
|
that 100 of the eb charging stations |
5.041 |
Jump to 6798.239 |
|
|
but the 30 percent that are in high |
4.48 |
Jump to 6805.44 |
|
|
value or the 50 that are in high value |
4.56 |
Jump to 6807.76 |
|
|
mentioned a second ago but also with |
3.44 |
Jump to 6824.4 |
|
|
i think we got like 40 more questions |
4.719 |
Jump to 6838.0 |
|
|
that a 25 year old male is in a location |
6.72 |
Jump to 6875.36 |
|
|
at a model rama at 2 45 in the afternoon |
6.241 |
Jump to 6902.639 |
|
|
time we file our 2021 |
4.4 |
Jump to 6975.199 |
|
|
year and the only the the 14 or 15 days |
3.92 |
Jump to 6986.88 |
|
|
get to 200 installations per week we hit |
5.52 |
Jump to 6993.199 |
|
|
question in two ways i'm gonna answer it |
3.761 |
Jump to 7030.639 |
|
|
depending upon the deal between five |
4.239 |
Jump to 7039.44 |
|
|
dollars and ten dollars actually as much |
5.279 |
Jump to 7041.44 |
|
|
as twelve dollars per month per camera |
5.04 |
Jump to 7043.679 |
|
|
eight and ten dollars and then we charge |
4.32 |
Jump to 7069.52 |
|
|
algorithm that's an additional two |
4.08 |
Jump to 7075.76 |
CARDINAL
an additional two
|
|
dollars or three dollars if we have a |
4.159 |
Jump to 7078.0 |
|
|
as an example that's another three |
5.361 |
Jump to 7085.599 |
|
|
uh will you become profitable in 22 |
5.44 |
Jump to 7137.52 |
|
|
expect we'll turn the corner in 22. |
4.96 |
Jump to 7154.48 |
|
|
okay uh let's see if we can just do one |
3.52 |
Jump to 7157.52 |
|
|
one last this is |
3.279 |
Jump to 7159.44 |
|
|
we're three or four times the market cap |
4.319 |
Jump to 7210.4 |
|
|
the neighborhood of nine to ten people |
4.96 |
Jump to 7227.36 |
|
|
um 50 to 70 million dollars per for us |
6.56 |
Jump to 7239.36 |
MONEY
50 to 70 million dollars
|
|
contract but we've actually got two more |
4.879 |
Jump to 7277.84 |
|
|
for five to seven years okay so bottom |
5.52 |
Jump to 7293.44 |
|
|
know a billion plus |
3.84 |
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|
|
multi you know at least a billion plus |
4.721 |
Jump to 7305.199 |
|
|
to say the next 12 months |
4.88 |
Jump to 7309.92 |
|
|