With Assets Topping $31 Million, 2018 Revenue Outlook Exceeding $100 Million, Products in Costco, Walmart and Aldi, Now is the Time to Focus on Romana Food Blockchain Corp. (RFBC)
Good Day Traders,
Considering how well our last play went and considering our current win streak, tonight we're sticking with the big boys… let me explain. The three biggest industries in the world are (and the only 3 industries that top $1Trln / year) are:
1- Retail & Food 2- Alcohol and 3- Oil
But, the new player in town, Blockchain, could put the Food on its head and change the way we feed the world.
We focused on an oil play with $30 Million in assets last week and watched it climb 73% since our initial alert. Tonight we're climbing up the ladder to #1 with a play that has over $31 Million in Assets and over $5.2 Million in Revenue! So buckle up because this play could be wild.
Quote from the Chairman of RFBC:
RFBC has a "target of achieving $100 million in Revenue for 2018".
This is a Small Float play with Big Numbers. The last time RFBC saw significant positive volume was mid-January, it ran up over 110% in a single day.
A return to simply test that resistance point could represent a percentage gain of 200% from current levels!
RFBC is for real; those numbers tell an amazing story and you can find their products in:
an many more!
Not only are they in the #1 industry worldwide, but they're introducing groundbreaking Blockchain technology that could take things to a whole new level.
Note: Romana Food Brands Corp is soon to changeits official name to Romana Food Blockchain Corp.
It's hard to ignore the staggering predictions like those from Market Reports Center that project the global market for blockchain technology to reach $60.7 billion by 2024.
What's important to understand is that blockchain technology isn't something being implemented by financial industries and companies alone. In fact, many of the largest food manufacturers in the world including McCormick & Co., Nestle, Tyson Foods and Unilever as well as retailers such as Wal-Mart and Kroger, are adopting blockchain as an enabling technology for the food sector.
This is why we are looking at a company that is poised to capitalize on the emergence of blockchain in the food manufacturing sector, Romana Food Blockchain Corp. (RFBC).
RFBC is an emerging leader in the authentic Italian Food sector and is in the process of acquiring food processing plants specializing in Italian products. It is currently in the final stages of acquiring plants in North America and in Italy.
Simply as a food producer RFBC is impressive, having obtained contracts for their Pizza Romana and Pasta Romana brands with major food outlets such as:
Late last month RFBC announced they expected to add $23 million USD in revenue for the company with the acquisition of Michelis Egidio SNC, a the northern Italian based specialty artisanal producer of fresh, dried and frozen pasta, baked goods and a line of desserts. Both sides anticipate the acquisition to be completed on or before April 30, 2018.
RFBC's aggressive merger and acquisition strategy is instrumental in their growth as pointed out by Morrie Fogelbaum, Chairman of Romana:
"Our objective of becoming the new Italian food leader is becoming a reality thanks to our Mergers and Acquisitions strategy bringing one acquisition and integration at a time. This brings us a step closer to our target of achieving $100 million in Revenue for 2018".
As RFBC increases its footprint in food production and manufacturing it is also implementing blockchain technology into their business model In a February press release Fogelbaum stated, "Our new brand identity and core corporate focus will clear a path for Romana to become the recognized expert in Food Blockchain and the traceability."
This will put RFBC on the path of developing next generation blockchain food traceability and control applications for the ever-growing risks associated with health matters and the protection of brand trademarks.
To understand the impact of blockchain in the food industry check out this excerpt from TheConversation(dot)com:
Walmart, which sells 20 per cent of all food in the U.S., has just completed two blockchain pilot projects. Prior to using blockchain, Walmart conducted a traceback test on mangoes in one of its stores. It took six days, 18 hours, and 26 minutes to trace mangoes back to its original farm. By using blockchain, Walmart can provide all the information the consumer wants in 2.2 seconds. During an outbreak of disease or contamination, six days is an eternity. A company can save lives by using blockchain technologies.
All of this is very impressive stuff and we haven't even mentioned the two facilities that RFBC operates from in Canada:
The Pasta Romana plant has had three successive expansions, transforming their plant from 3,000 to 40,000 sq.ft with the opportunity for future on site expansions. The potential output for this plant is 8,000 lbs pasta per hour and 3,000 litres of saucer per hour.
The Pizza Romana plant is a newly renovated 60,000 sq.ft facility with the opportunity for future on site expansions. The potential output for this plant is 5,000 pcs/hr for thin crust pizza and 5,000 pcs/hr for rising crust pizza.
RFBC could be the most complete play we've seen in a very long time; when you see the key points all in one place it's jaw-dropping… how they've slid under the radar until now is almost inconceivable:
Adding $23 Million in Revenue after recent acquisition!
Chairman is shooting for $100 Million in Revenue in 2018
Reporting over $31 Million in Assets
Reporting over $5.2 Million in Revenue
Tiny Float (less than 3 Million according to OTCMarkets!)
Ran from .40 to .90 last time it saw a big spike in positive activity
Has 2 massive facilities of 40K and 60K sq. ft.
Introducing groundbreaking tech to world's #1 industry
Products are already in Costco & Walmart
Are you kidding me?
These guys are a beast and today we saw a spike in activity. It closed today at just .30. Is a breakout beginning or around the corner?
A return to the recent high of .90 could represent a percentage gain of 200% from current levels.
Oh, and by the way, the chart is heating up as well. We're already seeing a large number of Bullish indicators. Barchart Indicators & StockTA Analysis:
Short Term Indicators 10 – 8 Day Moving Average Hilo Channel: Green 20 Day Moving Average vs Price: Green Exponential Moving Average (EMA) Analysis: Bullish Low Analysis: Bullish
Medium Term Indicators 20 – 100 Day MACD Oscillator: Green Relative Strength Index (RSI) Analysis: Very Bullish Three Day Displaced Moving Average(TDD) Analysis: Bullish Low Analysis: Very Bullish
Long Term Indicators 100 Day Moving Average vs Price: Green 50 – 100 Day MACD Oscillator: Green Fibonacci Analysis: Bullish
StockTA also points out that the RSI is "Very Bullish" as it just generated a "RSI Bull Cross Alert"!
You certainly want to put RFBC on your watchlist now and have it on your screen tomorrow morning.
Remember, we always encourage you to do further research. Never take our word for it, read our disclaimer to see why, and of course always consult a professional.
It is important for you to understand the volatility often seen in low priced companies and that volatility goes both ways. Just because a situation looks great things can still go wrong and often do.
Continue your research on RFBC right away and make sure you have this pre-breakout chart on your screens before the bell rings.
We have received twelve thsnd dlrs via a bank wire for the awareness of FRBC
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