The news is bound to be good because the revenue is trending to increase and the EBITDA is expected to improve from the already profitable acquisitions, if not from KTD products. This is evidenced in the fact that Omnibend sales are now included, in full, in this quarterly, SuperCubes has been busy meeting demand (and even claiming to have sold out), revenue from Tonik sales now included too, as well as revenue generated from the new factory. As KTD puts it, in their most recent announcement, the new facility "
currentlyoperates on a one and a half shift basis and the company expects to increase this through the 2020 calendar" (17 December Report). If true, that two or more operational shifts will be necessary soon, it seems plausible that another factory is needed
"to meet the growing demands of clients." The company fundamentals appear to have never been more robust.
Also, remember, the integration between Omniblend and Keytone has been completed last month, and "Omniblend currently employs 84 full-time employees operating across four sites in Melbourne, Victoria." Put 2 and 2 together here...
As for verysmallcaps, he has painted KTD in the least charitable way--clearly understating its worth and even pointing to a possible KTD shutdown so that James Gong can cash out from shareholders and ride the gravy train with a huge surplus (lol). He said Omniblend being worth 18m, KTD 10cents and that an increase in revenue can be a bad thing for KTD (squeezing clown nose-beep beep). Does this seem like an honest actor, or someone with an agenda? IMHO GLTAH
