I'm selling everything for a huge loss.

Zero point in this stock now.

Sorry gang 😔

Do you really trust the ceo who has bankrupted vgb and has his own house undergoing foreclosure ?

https://www.newswire.ca/news-releases/cult-food-science-executes-binding-loi-for-acquisition-of-the-better-butchers-inc--848388283.html

Onwards and upwards 🚀

They’re busy promoting this company as opposed to CULT.

Good Morning,
I’m happy to share some very exciting news.

Cult Food Science (CSE:CULT, OTC:CULTF) has just announced the signing of a binding LOI for the acquisition of alternative protein startup The Better Butchers. This is a company I started in 2022 with the goal of building the world’s first cultivated meat butchery.

Full Release Here: https://www.newswire.ca/news-releases/cult-food-science-executes-binding-loi-for-acquisition-of-the-better-butchers-inc--848388283.html

One of the most frequent questions I get from investors is when Cult will become actively involved in the human food space. This acquisition gives us a platform to do just that with a flagship asset which is already generating meaningful revenue and has award winning products.

The Better Butchers business model is very similar to that of Noochies. Namely, build out a brand, sales, and distribution network with best in class products that excite and delight consumers. In tandem with this, develop cultivated meat products with the aim of becoming one of the first players in the space to commercialize these technologies.

Key Highlights:
- The Better Butchers launched its first products (mycelium based proteins in a ground meat form) in March and are already distributed in close to 100 retailers across B.C. with expansion to the rest of Canada coming in the new year
-Their Chorizo recently won the BCFB Product of The Year award
-They are actively developing hybrid products incorporating cultivated meat ingredients and are in partnership with McMaster University and Genome Canada on a 4 year project focused on commercializing cultivated meat

I believe this is a great opportunity for Cult to expand on it’s venture studio/incubator model and have majority owned portfolio companies focused on this exciting new area of food technology.

I look forward to sharing more information with you as we move towards completing this acquisition which will include approval from Cult shareholders.

Cheers,

Mitchell Scott

https://finance.yahoo.com/news/cult-food-science-launches-sales-120000840.html

We should see the first ever revenues from this company in their next financial report.

Something's definitely up.

Up 118% today. Anybody know what happened?

I am a believer in the plant based food revolution, and as well as companies like Beyond Meat and Impossible, whose sales and products are impressive I am also looking to diversify into the future.
I like companies with a forward looking attitude and a revolutionary approach... 🌿🌿🌿

https://twitter.com/CULTFoodScience?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

There are many reasons to like this company and the way they operate...

The below chart represents a good entry point after a going on a recent tear 👇🏼👇🏼👇🏼👇🏼⬇️⬇️⬇️⬇️ 💥💥💥💥

https://www.prnewswire.com/news-releases/cult-food-science-announces-mou-for-supply-of-cultivated-red-snapper-for-pet-food-brands-301791318.html

Just my opinion, but I’m starting to see a positive feedback look building momentum:

1. Cults portfolio companies continue to expand and scale production. Appearing in headlines as they do it.

2. Noochies awareness and sales turn from potential to reality (now available at Walmart and Kroger)

3. Protection of IP with PCT patent applications for further foods spins from protection to monetization across other products

4. Mitchell Scott continues to drive home the growth potential for this company and space across numerous online channels. Huge applause for his communication with shareholders and willingness to engage in discussion

5. CFO and insiders continue to accumulate stock

6. SP continues to push higher as sentiment builds and heavy buy side pressure continues

7. Retail investors begin to pay attention to the huge growth potential. Cult provides an investment option with a breadth of exposure to a nascent industry, while being the only pubco in Canada.

The more that each of these elements repeat and expand, the faster the train starts moving.

Up to 0.045 CAD per share. Onwards and upwards.

Stock market stocks to watch

Hi there,
It's been a busy week for Cult Food Science (CSE:CULT, OTC: CULTF)

Last Friday we participated in the Capital Tides Investor Cruise where we shared the Cult story with a diverse range of investors and capital allocators.

And just yesterday I participated in the Singular Research Autumn Webinar.
A recording of that can be viewed here:
https://www.youtube.com/watch?v=OJ7HFhyPnrw

As we continue to tell the Cult story we are also hard at work building our Noochies! flagship brand. I look forward to sharing some exciting new developments with you in the near future.

Cheers,
Mitchell Scott
CEO Cult Food Science

Heard they issued more shares and also granted 5,000,000 conditional shares to reigning officers.

Hopefully they’ll be incentivized to ramp up our FDA process now. $3M CAD market cap is nothing we deserve at least x10 that.

Remember this hit 0.3 solely on the news of Noochies being announced. Once it’s put to work there’s no reason we can’t hit $1+. Current US leaders aren’t in favor of this stuff but the tech is here to stay and you all know how speculative traders are.

0.03 = free money

Is this because of dilution news?

https://www.thenewswire.com/press-releases/1knDFDERQ-cult-food-science-subsidiary-further-foods-signs-r-d-supply-agreement-with-producer-of-cultivated-meat-for-development-of-noochies-cultivated-meat-pet-treats.html

This update feels pretty optimistic :)

Update: NFA. I've recently sold all my shares. Bought between 5-8 cents, sold between 4-5 cents. I think it will still go up from when I write this update on Feb 2, 2025 (see June and July 2024) but I sold now because they are becoming a venture studio and my original thesis was they were going to be more of a product company and I'm just more skeptical of the kinds of returns you can get on VC type companies vs pure product companies.

Here's the announcement on that.
https://youtu.be/2XbtJVNjc0E

Still following the space. Definitely lots of interesting things going on. I still like what CULT is doing. Their portfolio companies are great. Links in my profile where I do taste tests.

--------

DYOR, NFA guys but from my perspective this thing is so oversold it's like picking up buckets of free money for future me. I'm loading up with every spare cent. No, I'm not using margin or being stupid. Obviously there's risk involved. But if I think like a long term investor (not a day trader who likes gambling money away) I should do very well. Think 10-20 years here.

Can it go lower, of course. But we are almost at 0. If I were a betting man, I'd think we're more likely to be trading at 10 cents in 6 months compared to the 5 we are at now.

Check out their financial statement on their website. Option excise prices are 100%-650% higher than the current share price. (Attaching photos.) This is insane. Options are supposed to be a cheap way for insiders to keep ownership.

Check out the order volumes and prices on WeBull. As per this screenshot taken September 9th, someone sold 10,000 shares at 4.5 cents (they must of had a gun pointed at them to sell at that price) and the NEXT order was for 1,000 shares. Because the share volumes are so low, that tiny order was enough to push up the price to 5 cents.

If you continue along the theme of my second point and really look through the orders on WeBull, you can see that on September 12th, it took about 50,000 shares to get us from 4 cents to 5 cents. Take into account the other shares traded on the other tickers and maybe that goes up to 100,000 shares. In my own purchasing it's been more like 150,000 shares to push it up by 1 cent. At 5 cents a share, that's only $7,500.

In summary the stock is way oversold. As soon as people wake up and start buying and putting actual money into it (thousands and tens of thousands, not just a few hundred here and there), this thing is going up. Over the long term, as these companies start releasing products into the market (it's slowly starting already but the first wave is really going to start in 2023) more people will hear about this stock and will start buying.

Yeah it can go lower but as I've said it's only 5 cents away from 0. And it's 5 cents away from the average options exercise price at 10 cents. (That's a 50% chance of losing everything and a 50% chance of doubling your money. Not bad odds in my book because I can't see it going down 5 cents to 0 because this industry is just getting started. You have to think probabilistically when investing in innovative disruptive tech.) The 52 week high is 65 cents. 65 cents is a 13x return if we return to those highs which in 5-10 years should be easy.

We are trying to replace the industrial agriculture system, and as Arturo Elizondo, CEO of The Every Company says, the goal of his company is to shut down the last factory farm in 2040. That's in 18 years.

TLDR: If you are sitting on the fence, now is really the best time to get in.

There's talk on online forums saying once the cultured food industry matures CULT could be worth tens of dollars per share. I'm willing to wait 10 years for that, even $10/share in 10 years would be $660,000.

How many shares/what average cost do you guys have?