Better For You Wellness Inc (PK) (BFYW) News

https://x.com/OtcUpdates/status/1835932985247273237

Beautiful

Thanks

Pink Current!

Yup

FWIW this one is on grace period now. Hopefully they get their filings caught up in time to avoid EM.

Nice close here at .003

Thank you for the kind reply & I credit you for the heads up on the BFYW stock position, ProfitChaser. Your comments sound spot on. d2c

I havent heard anything. Just waiting mostly to see what happens with the R/S. They did file the extension for the late filings so I would expect they will get the filing out in time. I am in no hurry. I have plenty of patience. I picked up a good bit at .0011 and .0012. I doubt seriously the CEO would be steadily buying if he didnt know more than me. So we wait.

45 minutes into today's trading & it's over the 10 days average already. Has anyone heard any good news on BFYW?

The ceo, yourself & I were picking up shares at .002 near the first of May . Quarter mm for me based on the discussion. In January of 2024, BFYW approached 2 cents & December a month earlier, 1.5 cents; so much higher than it's current: 5 for a penny. BFYW sure could surge with some good financial news. Wish you well. d2c

Bid in for 0015

https://www.otcmarkets.com/filing/html?id=17510901&guid=ZOQ-knujO0y2B3h

Nice quiet accumalation continues today. Wouldnt suprise me to see another Form4 in the next day or two. 542K bought today at the ask and only 15M sold at the bid. Closed up 71% at .0024. My buys at .0011 and 12 looking pretty sweet right now. I think the only 2 buying right now is me and the CEO. LOL

FYI since I made this post linked a few weeks ago there have been 4 more of the Form4's out. The latest one was yesterday and the one before that was Friday. As you can see the CEO is steadily buying up the shares all the way down with the last buy at .0015. Not large buys but steady. Thats the way you do it if you want to do it without getting noticed or jacking the PPS up.(288K under .002 and 60K on Friday) He definitely knows more than most.

https://www.otcmarkets.com/filing/html?id=17487807&guid=RJQ-ka4Zfv2zB3h

https://www.otcmarkets.com/filing/html?id=17483664&guid=RJQ-ka4Zfv2zB3h

Added some on the panic sell at 0011 and 0012. Only about 50K went off at the 0008. Roll the dice

Man what is going on here with this thing

Thanks. Hopefully it is for a good reason and works out for the best. Fingers crossed

We obtained stockholder consent for the approval of an amendment to our articles of incorporation, to effect a reverse split within the range of 500-to-1 to 5000-to-1, with the Board having the discretion as to the exact date and ratio of any reverse split to be set at a whole number within the above range. https://www.otcmarkets.com/filing/html?id=17467048&guid=EuQ-kqqAT9_sB3h

I agree. If they do R/S then it will make sense when it happens. They are not always bad. IMO these prices down here will look like gifts soon enough.

I agree PC… the RS doesn’t make sense… I’m still holding to see how this shakes out. Have a great night my friend.

Took out the available shares at 002 and below. Hopefully they stay gone

RS is not always a bad thing for us . Look at HOLO if the RS is less than 100 . one for 1000 to 5000 is pretty radical and non starter .

Another reason I think something is going on here and it will all work out in the long term is that they have 6 Form4's so far this year and 31 of them last year and they are all good.

https://www.otcmarkets.com/stock/BFYW/disclosure

Although I don't see it anything is possible. At 1/500 that would put the PPS at $1.50 at .003. If they need to go to a higher exchange for one reason or another then this would be the way to go. The float held at DTC has been the same for a long time so I don't think they are doing it for dilution purposes.

If u have the float correct n they did a 5000 for 1 r/s they makes the float 25,650. Is that possible. Even at 500 for 1 the float will be 256,000

I am waiting for the dust to settle and then I will proabably add a few more. Not sure whats up with all the R/S filings these days on so many stocks. Many of the stocks never do the R/S, or make any sense. Same with this one. With a float of only about 128M and form 4's recently it makes no sense unless they know something we dont. Could be several things happening behind the scenes. I am willing to wait it out and see what happens as I dont have that much into it. Right now I am pretty much riding freebies. Maybe they have something in the works and need to get the PPS up quick and move to a bigger exchange. So far lately it has not done too great so this may be just what it needs to get the ball rolling.

Is this a good buy yet ?

LMFAO

This turd just keeps getting worse and worse!!!!!!!

We obtained stockholder consent for the approval of an amendment to our articles of incorporation, to effect a reverse split within the range of 500-to-1 to 5000-to-1, with the Board having the discretion as to the exact date and ratio of any reverse split to be set at a whole number within the above range.

Added a few more today at.0027 while it is quiet. 2 Form 4's out Monday. Insiders buying always a good thing.

https://www.otcmarkets.com/filing/html?id=17436854&guid=6zQ-kWTpsQmSJth

https://www.otcmarkets.com/filing/html?id=17436868&guid=6zQ-kWTpsQmSJth

Outstanding Shares
419,809,183
03/09/2024

Restricted
277,773,413
03/09/2024

Unrestricted
142,035,770
03/09/2024

Held at DTC
128,737,824
03/09/2024

I should say “get back” to pennyland. Sry

Soap, coffee, pet treats, lotion… can it really get to pennyland simply by buying other people’s startups? I like their mission and already bought shares based on that alone but I’m still a bit skeptical, any thoughts?thanks

FORM 8-K https://archive.fast-edgar.com/20240328/AJL2S22CZ22E82V222282MZ27UVKTZ227262/

$BFYW Takes Steps to Implement Its Growth Initiative Further https://www.einnews.com/pr_news/694993430/bfyw-takes-steps-to-implement-its-growth-initiative-further

That Stephen James Coffee is superb! It's some strong Java! Their stock looks much better since Monday

$BFYW Up tick on bid 003x0033 hoping for another good day

Sweet! I love this comment from the CEO it shows he is serious about making the company work!

"During the fiscal year 2024, Chairman and CEO Ian James, alongside Chief Branding Officer Stephen Letourneau, demonstrated unwavering confidence in the Company's future by personally funding much of the operation and ensuring funds went into the Company for brand development and deferring compensation of $199,196.08 and $152,786.97, respectively. In a bold move, both leaders converted all their deferred compensation amounts into equity, eliminating $351,983.05 in liabilities from BFYW's balance sheet".

More news out today. Tagging it to the stickie so it is easier to find.

https://www.einnews.com/pr_news/693291129/bfyw-announces-conversion-of-nearly-352-000-of-outstanding-debt-into-common-equity

Always nice to see this kind of news.

NEWS! https://www.einnews.com/pr_news/693291129/bfyw-announces-conversion-of-nearly-352-000-of-outstanding-debt-into-common-equity

If buyers flood in the shares will take off!

Awesome. Thanks. You are on top of it.

Hey Profitchaser.NEWS! and I just saw a large bid posted over 1 mil. Interesting stuff.
BFYW Board Approves Appointment of Chief Operating Officer
https://www.einnews.com/pr_news/692413662/bfyw-board-approves-appointment-of-chief-operating-officer

Anytime :)

Thank you

Hey, I'm showing only 1 market maker offering 0028 for 10k shares however might not be accurate just what they show

I have no idea as I dont have L2. There is usually hidden shares so many times L2 is not right

Curious what’s L2 showing at .0028

Hey ProfitChaser.Beautiful reply man and nice buying bro! I haven't bought yet but I will join you. Thanks again for your analytical insights

Thanks sublover for the news update link. I missed that news as it wasnt on OTC Markets. With this share structure and the direction they are heading IMO it is way undervalued down here at .002. I will continue to add and just wait for it to have its day. We know it is coming.

8K out yesterday
https://www.otcmarkets.com/filing/html?id=17305673&guid=Hcd-k6NQcN5eJth

News release out yesterday.
https://www.wjhl.com/business/press-releases/ein-presswire/691428781/growth-initiative-gives-bfyws-stock-room-to-grow/

NEWS PROVIDED BY

EIN Presswire
Feb 26, 2024, 2:44 PM ET

Table 1: Competitive Analysis of ten synergistic publicly traded coffee companies
Analysis of ten synergistic publicly traded coffee companies

Table 2: Price-to-Sales Analysis
Analysis of P/S applied to BFYW

4th Open Letter to Shareholders outlines competitive market analysis scrutinizing ten synergistic publicly traded coffee companies, shows strong market growth

Better For You Wellness (OTCMKTS:BFYW)

BFYW's Growth Initiative aims to generate significant revenue, break-even in month 20, and boost shareholder value over the next 5 years—an exciting journey ahead! See details and decide for yourself.”— Ian JamesCOLUMBUS, OH, USA, February 26, 2024 /EINPresswire.com/ -- Better For You Wellness, Inc. (OTCQB: BFYW), a leading Ohio-based plant-based and science-focused wellness company operating in the rapidly-growing $1.5T wellness industry, filed an 8-K announcing its fourth in a series of open letters to its Shareholders (Open Letter #4 can be read here). The shareholder letter addressed why the Company was making its premium coffee collection, Stephen James Curated Coffee Collection (SJCCC), "BFYW's North Star." Believing shareholders deserved a well-reasoned answer, and the details Management relied upon to reach its conclusions, BFYW's Chairman and CEO, Mr. Ian James, provided a detailed walk-through of the Company's analysis.

Mr. James indicated that the competitive market analysis identified and intensely scrutinized ten synergistic publicly traded coffee companies and determined each Company's TTM Revenue and Market Cap as of February 19, 2024.

The analysis revealed an average Price-to-Sales (P/S) ratio of 2.04, leading BFYW to determine low and high estimates to establish an average price-to-sale benchmark of 1.97. While many companies reported negative price-to-earnings after funding, BFYW projects SJCCC to break even by the 20th month and remain profitable for the foreseeable future. BFYW's comprehensive analysis incorporates low and high estimates of the P/S ratio to establish an average price-to-sale benchmark of 1.97.

See Competitive Market Analysis Image

"Having strategically entered Kroger last year, our 2024 sales projections anticipate a presence in 250 stores by late summer, with a remarkable doubling of doors served year-over-year for the next four years," said Mr. James. "With growth funding, our ambitious expansion plan projects nearly 4,000 stores by the fifth year, including significant grocers such as Kroger, Giant Eagle, Wegmans, etc."

BFYW meticulously calculated revenue projections, COGs, and operational expenses, "We then leveraged Kroger's metrics and drew on our collective experiences with manufacturing and distribution partners," Mr. James added.

From the analysis, BFYW was able to The annual multiplication of revenue and price-to-sales ratios to form the basis for establishing a year-over-year projected market capitalization (i.e., revenue x P/S = market cap) and market cap (i.e., market cap / authorized shares = share price).

"We undertook the Price-to-Sales Analysis to set our sights on where we thought we could grow the Company from a share price and market cap perspective. The analysis vividly illustrates compelling results, substantiates our decision to take the brand to the public market, and indicates significant growth potential for BFYW Stock." Mr. James said, "These findings underscore the favorable trajectory and potential for growth that BFYW's stock holds in the market."

See Price-to-Sales Analysis Image

Of the BFYW Growth Initiative's findings announced today, Mr. James said, "I hope the information provided helps our shareholders and the market understand our thinking and why I am enthusiastic about championing and raising the capital to implement this initiative. I look forward to sharing a captivating lineup of products to launch soon and informing our shareholders as we progress on this exciting journey."

Background: The BFYW Growth Initiative was developed to grow shareholder value by generating revenue and building profitability via BFYW's Stephen James Curated Coffee Collection. The initiative focuses the Company's energies on the SJCCC premium coffee brand, as coffee is the second most consumed beverage globally. It leverages its retail relationship with Kroger and prepares BFYW's creative/marketing teams to grow brand awareness. Its manufacturing and distribution team ensures the Company can continue to scale commercially at reduced costs for increasing online and in-store coast-to-coast sales. The next step is to secure the growth capital for full implementation.

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