WCVC - Illegal Burger Riding Wave Of Biggest Trends In $760 Billion Fast Casual Dining

Date : 07/30/2019 @ 1:00PM
Source :InvestorsHub NewsWire
Stock : West Coast Ventures Group Corp. (PC) (WCVC)
Quote : 0.001  0.0001 (11.11%) @ 8:46PM

WCVC - Illegal Burger Riding Wave Of Biggest Trends In $760 Billion Fast Casual Dining

WCVC - Illegal Burger Riding Wave Of Biggest Trends In $760 Billion Fast Casual Dining

 

July 30, 2019 -- InvestorsHub NewsWire -- via BioResearch Alert Seeking Alpha -- Original Release 

  • Of 650 Chefs surveyed at the American Culinary Federation, 75% said cannabis infused foods and beverages will be the hottest trend starting in 2019.
  • Beyond Meat (BYND) is hottest IPO in 2019 with share price soaring above $235 confirms large and fast-growing vegan market. WCVC – Illegal Burger won Denver Top Ten Vegan Burger award.
  • West Coast Ventures Group (OTCQB:WCVC) “Illegal Burger” CBD Edibles Franchises in Colorado are First to Market with over $3 million in new sales and pointing sharply higher.
  • Illegal Burger named Rising Star in Healthy Holistic Restaurant Trend Amongst Competitors Including Bloomin' Brands. WCVC plans to also launch “Illegal Pizza” Franchises.
  • Illegal Burger’s ultra-fast franchise model is delivering fully operating restaurants in only 90 days from lease signing and is now selling in 39 states with plans for expansion to all states.
  • With share price of $.04 and total market cap of only $1.5 million, WCVC shares are highly undervalued creating timely entry point. Only 47 million shares outstanding with float under 28 million. Market comps based on sales indicate fair value of shares today is over $.20, however, based on growth model in explosive Cannabis Industry and Healthy Vegan Foods, shares could soon experience rapid upward revaluation well over $.20.

Summary

For several reasons, West Coast Venture Group, Corp. (OTCBB: WCVC), appears to be an outstanding investment opportunity in the big Fast Casual Dining market. Illegal Burger sales are growing fast and franchise sales are expected to take off soon. Illegal Burger fills the big needs for great tasting, healthy foods and beverages in a relaxing casual setting. West Coast Ventures, the owner and operator of Illegal Burger, announced it was featured in an article on healthy and holistic restaurant trends. WCVC and its Illegal Burger are specifically called "Rising Stars" in an article that also features $1.6 Billion Bloomin' Brands, Inc., (Nasdaq: BLMN) the owner of restaurant brands that include Outback Steakhouse, Carrabba's Italian Grill, and Bonefish Grill.

Below is the excerpt from the Customer Think article:

Rising stars lead the way

Illegal Burger is a quick casual restaurant chain owned and operated by West Coast Ventures Group Corp (OTCMKTS:WCVC). The Illegal Burger chain is based in the Denver area and is in early growth mode with plans for national expansion. Illegal Burger has already established an approach that attracts customers focused on mindful sourcing as well as those simply looking for a fun night out.

The core of Illegal Burger's approach is to offer burgers made with fresh, all-natural beef that is never frozen. In addition, the beef is sourced from suppliers who use no antibiotics or growth hormones. Each burger is prepared to order and the menu includes such healthy options as chicken dishes and salads. Those seeking plant-based options are also well-served given that Illegal Burger's Vegan Burger won a Denver Top Ten Vegan Burger award.

Theoretically, any Bloomin' Brands operation could achieve similar goals, but Illegal Burger is now taking things to the next level with the addition of cannabidiol (CBD)-infused menu items. CBD is widely recognized for its healing and soothing properties and many consumers prefer it in edible form. Having introduced its first CBD menu item, the Illegal CBD Infused Burger Bowl, for the recent 420 celebrations, Illegal Burger has much more in store as it seeks to meet its customers' desires for healthy eating.

To read the entire article visit www.customerthink.com/wcvc.

Market Comparisons indicate WCVC is highly undervalued

Sales and share price of 7 fast food companies were analyzed and compared to West Coast Ventures Group. Results indicate that West Coast Ventures Group should be trading at over $.20 rather than the current $.04. The reason for the undervaluation is clearly a problem of lack of investor awareness. Once investors become more familiar with WCVC, the price and trading volume are subject to rapid valuation increases that are more in line with current market valuations.

It should also be noted that the indicated $.20 market comp price, could be revalued substantially higher than conventional restaurant comps because WCVC growth from CBD edibles has the potential to be several orders of magnitude higher than simply being a fast food enterprise. West Coast Ventures Group owns the fast-growing “Illegal Burger” franchise chain and the Mexican Restaurant chain, “El Senor Sol” that are pioneers in the cannabis edibles industry and is positioned to garner a substantial market share in a booming industry. WCVC is also planning on offering popular Illegal Pizza franchises.

Comparable Market Cap to Sales Ratios

Shake Shack (SHAK) $492,000,000 $2,370,000,000

FAT Brands (FAT) $19,000,000 $48,000,000

Jack in the Box (JACK) $872,000,000 $2,230,000,000

Wendy’s (WEN) $1,300,000,000 $4,600,000,000

Rave Restaurant Group $12,000,000 $44,000,000

Dunkin’Brands (DNKN) $1,340,000,000 $6,500,000,000

Chipotle (CMG) $5,000,000,000 $19,600,000,000

TOTAL $9,035,000,000 $35,392,000,000

The average share price ratio to sales for this group is 3.91 to 1.

WCVC reported 2018 sales of $3,054,623. The current ratio of 3.91 times $3,054,623 equals a fair market comp price for WCVC of slightly over $.20 and does not give any weight to the fact that they are a new venture with an unsaturated high-growth market. We will save forecasting price projections for those better suited to the task, but for now it is clear that WCVC shares are an exceptional bargain at anything under $.20 with a strong potential to see prices approaching $.50 in 12 months as franchise sales are expected to be reported. Q1 2019 reported sales increased over 21% from Q1 2018 from $690,759 to $839,615. Potentially explosive franchise sales could ignite shares to record highs.

About West Coast Ventures Group Corp.

Based in Denver, Colo., West Coast Ventures Group Corp. (WCVC) develops, owns and operates two contemporary restaurant concepts: Illegal Burger, a quick-casual burger + bar concept, and El Señor Sol, a full-service fresh Mexican restaurant (6 total restaurant locations in the Denver, Colorado area). Led by seasoned restaurant entrepreneurs, WCVC management is committed to scaling both modern sustainable concepts into national franchise models operating metro-styled restaurants serving only the finest and freshest natural ingredients.

Legal Disclaimer:

Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. BioResearchAlert or its principals may have been compensated for its services. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as ''expects,'' ''will,'' ''anticipates,'' and ''estimates''; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

 

SOURCE: BioResearch Alert Seeking Alpha

West Coast Ventures Group Corp. (USOTC:WCVC)
Historical Stock Chart

1 Year : From Dec 2018 to Dec 2019

Click Here for more West Coast Ventures Group Corp. Charts.

West Coast Ventures Group Corp. (USOTC:WCVC)
Intraday Stock Chart

Today : Tuesday 10 December 2019

Click Here for more West Coast Ventures Group Corp. Charts.

Latest WCVC Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.