Although our businesses are different in key ways we compete largely in the same category as BUBS.
Looking at Jun-30 they had revenue of 43.5m and a loss of -35.5m Vs KTD if restated to include Omniblend would've been 34.5m and break-even overall.
Yet our market cap is 100m vs their 600m. Is this a massive bargain or is BUBS overvalued?
Ann: Keytone to Acquire Super Cubes, page-15
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