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JKHCF an early Bird Tip?

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penny.land

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editor@penny.land

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Tue, Apr 5, 2022 03:42 PM

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Good Morning! So JKHCF is still only starting to get attention! Remember this Tip could be in for on

Good Morning! So JKHCF is still only starting to get attention! Remember this Tip could be in for one crazy ride in the near future so make sure it is on your screen! See full Report below: As Asia’s health crisis returns to levels unseen since 2020, OTCQB: JKHCF may have a massive head start in becoming the #1 delivery food company on the continent! Greetings All, It is no secret that the U.S. is suffering from inflation. You see the consequences almost everywhere, especially with food prices. This has led many investors to pursue adding defensive positions given the potential for further volatility. The food industry is ripe for growth amid strong demand and inflating grocery prices. Savvy investors are turning to food companies whose prices could rise right along with inflation! Standing out is one under the radar company who is taking on Asia’s massive food delivery and restaurant spaces… China has also been pummeled by an outbreak again of coronavirus and with people social distancing, deliveries have become a big business. Now may be an optimal time to have this company high on your watch list. Trading at UNDER $1 a share, the company recently announced that it has signed an agreement with Panasonic Taiwan for a business-to-business pilot program to provide food for its head office employees. Not only that but the company announced that sales volume grew a staggering 126% in the first quarter! As the market for food delivery and restaurants continues to boom in Asia, (Just Kitchen Holdings, Corp. (OTCQB: JKHCF) is already reeling in MULTI-MILLIONS in sales and could soon become one of the most well-known brands in the country for food delivery! [Image]( [( Just Kitchen Holdings Corp. OTCQB: JKHCF Just Kitchen Holdings Corp. (TSXV: JK) (OTCQB: JKHCF) (FRA: 68Z), is an operator of ghost kitchens specializing in the development of delivery-only food brands. The Company currently operates in Taiwan and Hong Kong with plans to expand operations to other Asian countries. Revenues are in the MILLIONS and Growing! OTCQB: JKHCF is not some start up. This company is already generating multi-millions in revenues. At the beginning of March, the company reported its [unaudited financial results]( for the first fiscal quarter ending December 31, 2021, the highlights of which are included in this news release. Financial Highlights - Food and beverage sales of $4,166,683 for the three-month period ended December 31, 2021, which was an increase of 118% compared to the $1,911,170 reported for the three-month period ended December 31, 2020; - Sales volume grew by 126% to 265,749 retail customer food orders in the first fiscal quarter of 2022 from 117,800 retail customer food orders for the same period in 2021; - Number of ghost kitchens increased to 21 with an average retail delivery size of $14.34 per order in the first quarter of 2022, from 10 ghost kitchens with an average retail delivery size of $14.16 per order for the same period in 2021; - Adjusted EBITDA loss was $2,585,411 for the three-month period ended December 31, 2021, as compared to an Adjusted EBITDA loss of $1,375,255 for the same period of the prior year, primarily as the result of the continued growth of the business that requires a higher level of general and administrative costs such as salaries and advertising and marketing expenses as well as non-cash stock-based compensation of $566,635 for the three-month period ended December 31, 2021; and - Net loss was $3,571,603 for the three-month period ended December 31, 2021, as compared to $2,429,802 for the same period of the prior year, due to the same primary reasons listed above. "More than doubling our food and beverage sales as well as our sales volume over that one-year period is a testament to our operational acumen, the strength of our brands and our high overall level of customer satisfaction. I am grateful to our employees, brand partners and other stakeholders for helping us to achieve these strong results." "Looking ahead, as previously announced, we started 2022 strongly by delivering approximately 146,000 total customer food orders in January, which was a record for JustKitchen. February’s metrics continued along that trend after the resumption of business after the Chinese New Year holiday period. JustKitchen continues to expand its operational footprint geographically and its brand portfolio as well, while strengthening its JKOS technology stack and bolstering its management team on an ongoing basis." - Jason Chen, Co-Founder and Chief Executive Officer of JustKitchen [Sales]( had reached $11,926,094 for the twelve-month period ended September 30, 2021 compared to just $1,833,922 reported for the 309-day period from November 27, 2019 to September 30, 2020! Talk about colossal growth in just a years time! Offering a Smarter Way to Run a Restaurant JKHCF allows delivery-only restaurants and food brands to reach more customers, lower overhead costs, and reduce food wastage... HOW IT WORKS The company's network of highly efficient “hub and spoke” commercial kitchens allows delivery-only restaurants to reach more customers HUB KITCHEN Ingredients are prepped and sent to spoke kitchens ONLINE ORDER Customer orders meal via our website or delivery app SPOKE KITCHEN Order is completed at spoke kitchen nearest to customer DELIVERY Delivery partner quickly transports meal to customer DELIGHT Customer enjoys meal that arrives faster and fresher [SEE OUR KITCHENS]( WHY WORK WITH US? Reduce risks and maximize profit potential LOWER YOUR OVERHEADS Save money on rent and electricity costs, reduce food wastage OPTIMIZE EFFICIENCY Measure what’s popular and predict peak ordering times GROW YOUR BUSINESS Scale up without investing in heavy front-of-house costs REACH NEW DEMOGRAPHICS Hub and Spoke model expands geographical reach WOW YOUR CUSTOMERS Food arrives faster and fresher, so customers keep coming back In-House Brands JustKitchen has developed its own signature menu items under the following brands [Image]( [Image]( JustKitchen prepares delivery-only menu items for the following established food brands: [Image]( On-demand Grocery Delivery JustMarket is JustKitchen’s online delivery-only grocery store. Shop for your favorite JustKitchen brands and products online. Groceries are delivered direct or added to JustKitchen meal orders. Prepare and enjoy your favorite JustKitchen meals at home. For years, online supermarkets struggled to find their demographic in Asia, and with a supermarket virtually on every corner in cities across the country, few held high expectations for industry-disrupting growth for online shopping. The pandemic changed this and now the country is embracing grocery delivery more now. China is endured its biggest surge in March since the coronavirus first emerged in the city of Wuhan more than two years ago! “The epidemic in some areas is surging rapidly, and the risk of spread and spillover in the society is relatively high,” said Lei Zhenglong, the deputy director of the [National Health Commission’s Bureau of Disease Control and Prevention](. Recent Developments JKHCF has entered into [an agreement to exchange the virtual branding right]( to certain delivery-only food brands with TGAL Inc. Established in in Tokyo in 2013, TGAL is the largest ghost kitchen operator and number one distributor of food brands in Japan! TGAL has access to over one hundred brands while JKHCF's current portfolio is comprised of approximately 30 proprietary menus and partner food brands. The Company and TGAL will initially exchange one to two brands each under the Brand Swap Agreement, which is expected by both parties to be mutually beneficial in the two markets. JKHCF has also entered into [a commercial arrangement with President Chain Store Corporation 7-Eleven Taiwan,]( is [a large food production company]( with operations across Asia that manages and operates all 7-Eleven convenience stores in Taiwan, Republic of China. The Company will initially embark on a pilot project to provide Just Kitchen branded meals for sale at a select 7-Eleven Taiwan location in the Neihu District of Taipei. As part of the Pilot, JKHCF has agreed to also develop a virtual brand that will be offered on 7-Eleven Taiwan’s online presence across all its delivery service platforms named “Purchase Famous Cuisines Easily, Just Love Gourmet”. Additionally, JKHCF has entered into a commercial arrangement to be the exclusive fresh meal provider to Uber Eats Mart ("Uber Mart") in Taiwan AND has secured product placements for its delivery-only food brands on the upcoming season of the All-Star Sports Day television program! Launched in the third quarter of 2021, Uber Mart currently has five delivery-only locations, otherwise known as dark stores, that can be reached by 90% of the over 6.5 million people in the combined cities of Taipei and New Taipei. All-Star Sports Day is one of the highest rated shows in Taiwan with up to 462,000 viewers per episode! Most recently, JKHCF has signed an agreement with Panasonic Taiwan for a business-to-business pilot program to provide food for its head office employees. The Pilot Program is being planned to include the use of a technology-enabled smart lockers to ensure the contactless delivery of food. The Company's JKOS platform will be used to provide Panasonic with a white-label food ordering portal during the Pilot Program. If successful, the Pilot Program may be extended to other Panasonic office locations and offered by the Company other third-party clients in locations where there is limited access to food delivery services or contactless requirements. Smart lockers are an effective solution as they are secure, modular, temperature-controlled and designed to hold packaged food items for an extended period of time, if necessary, until a customer retrieves their order. Each locker also includes a smart screen, which enables a user to access their locker by scanning a QR code, as well as a manual keypad for a secondary alternative in order to access the locker. “The JKOS platform that we have developed is proving itself to be very flexible and valuable to third parties. And in today's world, we are honoured to be in a position to provide delivery in a way that offers protection for both delivery personnel and customers. We are looking forward to entering into more programs like this one with new partners in the near future.” -Jason Chen, Co-Founder and Chief Executive Officer of JustKitchen As inflation increases food prices, there has been more attention in the market on food related companies... And as Asia continues to jump onto food delivery services amid a pandemic, JKHCF is a small-cap company with millions in revenues that has a narrative that looks like a big board growth story! Start your research right away! Copyright 2022 © PTE.la is owned and operated by CareBear Marketing Group LLC. [Disclaimer and Privacy]( more Information please contact Support@pte.la Company Address: 26 Downing Street, Newark NJ 07105. This website provides information about the stock market and other investments. 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